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By F. V. Lenel

R. P. Seelig.*—Dr. Lenel is to be congratulated on his presentation of a particularly interesting paper describing the use of the powder metallurgy process for the production of magnetic pole pieces. The only thing that might be added is that we have been successful in producing pole . pieces with a narrow hysteresis curve by the use of considerably lower sintering temperatures than the ones used by Dr. Lenel. It is quite possible that this use of lowe- temperatures has considerably widened the field of commercial application for pole pieces made from metal powders. Development work is currently being done on an a.c. application of a sintered iron part. However, I am in full agreement with Dr. Lenel that if eddy currents are an important factor in the application, we cannot substitute sintered material for laminated sheet-metal structures. Mr. Peters' remarks concerning the limitations of machine parts were well taken. The emphasis of the limitations makes it easier to define clearly what we can do and-what the advantages are of machine parts made of metal powders. When I mention metal-powder machine parts, I mean those of relatively high density, although complete elimination of porosity is not possible at this time. The limitations of the field for this type of parts are largely economical. I believe that Mr. Langhammer has made that point very clear. The following questions are very often asked: How large a part can you make? How close can you hold the dimensions ? How fast can a part be produced? In a majority of the cases, it depends on the cost at which the part can be produced. A large variety of shapes and sizes of a number of materials can be formed. However, the main requirement in this field of endeavor is whether this can be done more economically by powder metallurgy than by other manufacturing methods. As a general indication, it may be stated that densities up to 95 per cent of that of rolled material can now be produced commercially in simpler parts. Tolerances of plus or minus 0.001 in. are common, but where special conditions justify, closer tolerances can be held; we are producing a part of which one dimension is held to 0.0003 inch. Finally, as far as maximum size is concerned, technically this would depend on the capacity of the press and furnace equipment available. Actually, we find that the economical limit of powder-metallurgy machine parts is approximately one pound. From there on, each individual case must he studied on its own merits.

Jan 1, 1945

By A. J. Langhammer

Broadly speaking, it may be said that the engineer has two major responsibilities: One is to recommend the choosing of proper machinery and equipment; the other, to assist in the simplification of design, determination of method, and advise about the most suitable material to be used. The products of powder metallurgy enter broadly into both these fields. The oil-cushion, self-lubricating bearing surface on a machine part makes for better machinery and factory equipment, often proves a life-saver in curing difficulties where bearings are overloaded or inaccessible for lubrication, or on installations that with normal practice constitute a problem entailing frequent repairs. On the other hand, other parts may require low porosity approaching solidity. In the second field, powder metallurgy provides many possibilities for improved products, improved performance, solving of technical problems, saving of weight, quiet operation, higher factors of safety, greater flexibility, attractive economies, and so on. Parts We of the automotive industries are making many powdered-metal war-machine parts, both ferrous and nonferrous, including gears, external and internal; ratchets, both external and internal; levers; pillow blocks; sliding blocks; cams; gibs; hubs with external and internal splines, and similar units. Powdered metals play an important part in our war work, as they did in peacetime in the manufacturing of passenger cars and trucks. The art of powder metallurgy is not a panacea. Although on certain parts such operations as turning, boring, facing, reaming, counterboring, milling, countersinking. chamfering, broaching, hobbing, profiling. trepanning, gear cutting, grinding, etc., can be eliminated, there will always be the need for machine tools. Advantages of Powder Metallurgy Simple machining operations often are eliminated by using powdered metal, and also many other intricate operations, some of which are of the type impossible to perform on the most modern production equipment; for instance, an external spline on a flange hub, where the spline must continue to the flange face and at full depth. Another important feature is that some of the machine parts may require a self-lubricating surface at one or more points; for example, proper lubrication of a sliding splined spool, while ordinarily most digcuit, is accomplished automatically with a self-lubricating powdered-metal bearing. Frequently machine parts are made with physical, mechanical and technological advantages unobtainable from cast or forged metals of similar analysis. Thus powder metallurgy offers the designing engineer broader latitude. Similarly, the engineer may take advantage of powder metallurgy in his teamwork with other departments. Another important advantage in powder metallurgy for machine parts is the relatively short time required for tool-up.

Jan 1, 1945

By A. J. Langhammer

A. J. Langhammer.—That is rather asking a question of the wrong man. However, I will reply to the question from our point of view. There is a considerable amount of iron powder available but the properties vary over a wide range. Powder metallurgy has progressed to the stage where we recognize certain requirements in powdered iron, and what may be a good powdered iron for one application will not necessarily fit the picture for the next one. Further, I believe that there is room for great improvement in the properties of powdered iron. Also, that there is only a limited quantity of powdered iron available having certain specific properties in which we are at the moment interested. F. P. Peters.—May I have a word? With all possible respect to the contributions of the Chrysler Corporation (and they have been tremendous) to the war effort, I think it is easy to get from part of Mr. Langhammer's discussion a false impression of vaster possibilities than really exist. It would be well if in addition to Mr. Langhammer some other manufacturers of machine parts' might tell us in the next few minutes some of the limitations they have found. For example, what is the maximum tensile strength that is being produced in a commercial part in production today? And what is the actual size limitation on bearings that are in operation and are standing up well? We should always bear in mind the fact—and I think Mr. Langhammer will agree with me— that quoting on a particular part does not necessarily mean placing it in production. In many cases it may be several months before the quotation is resolved and we know whether the part can be made. Let us open up this thing for a little free-for-all discussion of some of the ceilings that do exist in the design of machine parts made by powder metallurgy. The ceiling is not unlimited, and Mr. Langhsmmer will agree with that, 3 am sure. H. Hendriks.*—I do not think that there is so much limitation in the making of powder metallurgic manufactured parts as mentioned. Last year we had the problem of making dies for a special machine used in the manufacturing of slide fasteners. This part was wearing out very fast. It was very hard to make, it had to be hobbed out of a special steel and it was a difficult thing to manufacture in general. The tolerances were one half of one thousandth of one inch on all dimensions. We submitted this die to a manufacturer of powder-metal parts. He thought that it was impossible, but we were not as skeptical as he was and decided to try it anyway. The Canadian General Electric Carboloy Division, in Toronto, gave us then the design for the dies, which we made to their specifications. When the first part was delivered, we submitted it to our Inspection Department and its check showed that all the tolerances were right on the dot. They delivered I9 parts of exact specification, then they went off the beam; they could not keep to the tolerances. It took them a long time to get back again. We do not know what happened, but the main point I want to' make is that if a problem is attacked in the right may, the dies are made right and corrected as to dimensions found out by experiment, I do not think that there is so much diffculty in making powder-metal parts to close tolerances.

Jan 1, 1945

By C. R. Fulton

The idea of making permanent magnets by sintering is not a new one, but until the introduction of the iron-nickel-aluminum permanent-magnet alloys there was little need for such a process. Permanent-magnet alloys in use up to the time of this development could be forged and machined to the exact size or shape required without too much difficulty. These new Fe-Ni-A1 alloys, which have become known as Alnico in this country, soon became very popular because of their superior magnetic properties, but when they were made by casting they did have some disadvantages when compared with the older type of permanent-magnet steels. Among these disadvantages were the following: 1. It was almost essential that they be cast to size, since they could not be readily forged or machined. The material could be ground but this was quite expensive, particularly for small magnets in large quantities. 2. The material had a large grain size and was mechanically weak. 3. Close tolerances could not be held and on small magnets this meant grinding almost the entire magnet. Because of the brittle nature of the material, there was considerable loss due to chipping and cracking during these grinding operations. 4. Because of its high aluminum content, the molten alloy had a high surface tension. It was difficult to prevent loss of aluminum by oxidation during the melting operation. In view of these difficulties it is not hard to understand why a process for sintering alnico was developed, or why sintered alnico has come into such widespread use in recent years. It might be well to qualify this by saying that it has come into widespread use for small magnets weighing 2 oz. and less, of the type shown on Fig. I. In this size range, sintered alnico has been able to compete in price with cast alnico. Magnets larger in size, of the type shown on Fig. 2, can be made but they do not compare favorably in price with the cast material. An idea of the range of sizes that have been produced is given by Fig. 3, which shows a small magnet weighing 0.006 oz. and a large magnet with a steel insert weighing 4 lb., both made from sintered alnico. Magnets weighing more than 2 oz., however, should not be made from sintered

Jan 1, 1945

By Jerome F. Kuzmick

Many investigations have been made on the effect of the variables of pressure, sintering temperature and sintering time on the physical and microstructural charactcristics of metal-powder compacts. Severa1 such investigations have indicatcd that pressure is the least important of these three factors in an attempt to secure a dense. strong compact by a simple coltl-pressing and sintering procedure. However, it was felt that a further study of the effect of pressure on pressed and sintered metal powder compacts might prove interesting, for the following reasons: In work done in the past on the effect of pressure, temperature. arid time, the, metal-powder compacts were subjected to long sintering periods, and temperatures right up to the melting point of the metal were applied. It was thought that pressure might exert a more profound effect under short-time simtering and within narrower ranges of temperature. such as normally would be applied in large-scale production of metal-powder parts. 2. It was hoped that something further might be learned of the nature of the bond in pressed and sintered metal-powder compacts. 3. It was thought that interesting infor mation concerning the work-hardening effect of pressure on the crystal structure. of sintered metal-powder compacts would be obtained. Procedure Rectangular bars, 2 by 1/2 by 1/4 in. were molded from the following metal powders: Atomizcd till powder, 325-mesh Atomized aluminum powder, 325-mesh Reduced copper powder, 100-mesh Electrolytic iron powder, 100-mesh Atomized 70-30 brass powder, l00-mesh The, till powder was molded at various pressures up to 40 tolls per sq. in. This was the maximum, because at higher molding pressures there was considerable extrusion of tin into the die wall, jamming the die plungers. The tin specimens were not -in tered, as this phase of the work was- done merely to see how much a very sold metal could be compressed. The aluminum powder was compressed at various pressures up to 50 lons per sq in. Higher pressures could not be used because of extrusion into the die wall The compacts were sintered one hour at 000 in pure dry hydrogen. The copper powder was molded at vari-ous pressures up to 96 tons per sq. in. One set was sintered at 750°C., another at 050 C. for one hour in pure dry hydrogen. The electrolytic iron powder was molded at various pressures up to 00 tons per sq. in. and sintered, one set at Soo°C and one set at 1300°C for one hour in pure dry hydrogen. Extra 325-mesh specimens were also prepared to study the effect of reduced particle size on grain structure. The brass powder was molded at various pressures up to 96 tolls per sq. in. and silltered for one hour. one set at 65o°C. and one set at 800°C, in pure dry hydrogeu.

Jan 1, 1945

By Jerome F. Kuzmick

Condusions. From the work on aluminum powder, the following general con clusions can bc drawn: I. The physical properties of aluminum compacts, such as density. strength and ductility, increase with increasing pressure, up to the practicable pressure limits. 2. Good properties ill aluminum con pacts can be secured only by the use of high pressures, because it is neccssary to rupture the refractory oxide film on aluminum powder. 3. Considerable softening of the specimens occurs upon sintering. regardlers of the pressure used. General Conclusions 1. For relatively short-time sintering. molding pressure is a very important factor in the final physical properties of the sintered specimens. 2. The effect of pressure. is difierent for each metal, so that few general rules can be drawn that would apply to all metals. 3. In many cases, fur a particular metal powder and sintering temperature there is a critical pressure at which the best physical properties can be obtained. 4. The principles of cold work and in nealing and their effect on grain structure applied to massive metal also holds true for sintered metals. 5. Particle size, at least for electrolytic iron powder, does not have a. great effect on ultimate grain six. DISCUSSION [E. E, Schumacher presiding V.. V. Crane. *—I was particularly impressed with Dr. Kuzmick's work on tin IF not the illustration, particularly the Second one. a very good illustraition of hot preessing. in that

Jan 1, 1945

By C. G. Goetzel

Until recently porous bronzes have found many applications for self-lubricating bearings in the automotive, electrical, household appliance and general machine industries. The bulk of an annual production of several million pounds of copper powder had gone into the manufacture of these articles, of which by now more than a billion are in service. However, the war has brought severe curtailment of these bearings because of the scarcity of the two main constituents, copper and tin. The development of substitute materials of equal or superior properties has led to a large-scale replacement by products made from iron powder. In spite of the diminished interest in powdered copper-tin alloys caused by this trend, it was believed worth while to investigate some mechanical properties of these materials as a reference base for substitutes. In addition, experiments using the hot-press method were incorporated to investigate possibilities of saving vital equipment or opening new fields of applications. It must be assumed that by this time the powder metallurgy process of making porous bronzes, a development that found its first industrial applications more than 10 years ago, is well known in engineering. The patent literature and bibliography is volu- minous, most publications referring to porous, self-lubricating bronzes, containing about 10 per cent tin and I to 5 per cent graphite, with porosities in the range of 25 to 35 per cent.l-7 The excellent antifriction properties of these bearings, caused by the uniform impregnation with oil, are dependent on the interconnection of the pores and the uniform distribution of the graphite inclusions. The sintering mechanism of porous bronze, with its structural changes during the transformation of the metal powder into the sintered bearing has been shown in colored photomicrographs by Hall.* Diffusion between copper and tin was found to begin within one minute, when tin-rich transitory phases were formed. After 25 min. a homogeneous matrix of alpha was reached for an alloy containing 9.5 per cent tin and 6 per cent graphite. Price, Williams and Garrand,9 studying certain metal powder combinations in which sintering is accompanied by the cementing action of a liquid phase, including a 90-10 bronze sintered at 925°C., have found that if the treatment is carried out within the liquidus and solidus temperature range of the system, a peculiar process of alternate solution and precipitation occurs. The particles of the major solid constituent are dissolved in the minor liquid phase, but thereafter are reprecipi-tated on certain nuclei, which develop into large grains, usually rounded.

Jan 1, 1945

By C. G. Goetzel

E. V. Crane.*—I want to ask Dr. Goetzel concerning the control of atmosphere in heating and pressing. Was the heating and pressing done in the die, or were the two kept separate there? C. G. Goetzel.—The setup used for this investigation implied heating the die to the temperature at which the work was to proceed, introducing a preformed compact into the hot die. The atmosphere was supplied through an annular chamber from which it passed through two holes into the die cavity. E. V. CRane.—The compact was not preheated? C. G. Goetzel.—The compact was not preheated. Tee Chairman.—In the course of recent studies on the effect of time of heating upon the tensile strength and hardness, I have observed that there is often a maximum in tensile strength and hardness reached before complete homogenization has been attained. The magnitude of each mechanical Property changes rapidly with time in the early stages of sintering, the more so as temperature increases. For these reasons it seems that the comparison of values obtained by heating for the same time at a series of temperatures may be deceptive. Not only may those heated at higher temperatures give higher tensile readings, but the reverse may be true if the maximum in the tensile strength versus time curve has been passed. A better basis for comparison would be that of equal degree of diffusion. C' " Goetzel.—Thank you, Professor Rhines, for this interesting contribution. I would like to add here that I have noticed a similar effect with straight copper. There is, of course, the possibility that this maximum in hardness and tensile strength may be caused by work-hardening.

Jan 1, 1945

By J. F. Keefe, C. J. Bier, O&apos

This study was carried out with copper because it represents the simplest form of sintering, in that but one metal is involved and all reactions occur in the solid state. The present work will cover three variables affecting the sintering process; namely, briquetting pressure, sintering temperature and time in hot zone. Although strength and dimensional changes were observed, this is primarily a metal-lographic study of the sintering process in copper. The term "sintering" should be understood to mean the process by which the metal powder particles of the compact become united into one body. Material Used The copper powder used was made from reduced copper oxide, and is typical of a grade used for the mass production of parts formed of metal powders. The screen analysis of the powder was as follows: Per Cent Per Cent BY BY Particle Size "Weight Particle Size "Weight Mesh Microns /80.... 0.00 43/32.... 17.49 80/I00..... 32/20......16.68 100/140.... 0.34 20/10.... 23.14 140/200___ 15.25 10/5..... 4.64 200/230....... 5.00 5/0...... 0.75 230/325.... 16.70 — 325....62. 69 The minus 325-mesh analysis was made by using a Roller Air Analyzer.1,2 The apparent density is here defined as the weight per cubic centimeter of the loose, unpacked powder as measured with the Hall flowmeter. The value for the powder used was 2.57 grams per cubic centimeter.

Jan 1, 1945

By H. Boghosian

This paper presents the design and construction of a deep basement in a steeply sloping site in glacial till in Glasgow city centre. Existing foundations, adjacent structures and services, in tandem with asymmetric loading, presented particular challenges in the planning, execution and design of the project. The construction methods and temporary works, analysis by the Finite Element method and monitoring carried out are all described.

Jan 1, 2006

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Jan 1, 1994

By Evert Hoek

Summarising a conference is never an easy task, but I will try to keep my comments brief and to the point. There are a number of lessons which we have learned from our deliberations together during these past three days, and I will try to give you my impressions of these lessons and of their practical implications in open pit mining. The first thing that has become increasingly obvious during these discussions is that it is no longer acceptable to offer an 'Act of God' as an excuse for a major slope or tailings dam failure. Disasters such as that at Aberfan in the United Kingdom have focussed the world's attention on the activities of the mining industry and the report of the commission set up to investigate the Aberfan disaster clearly showed that adequate knowledge was available and that failure to apply this knowledge did not qualify as an 'Act of God'. The courts and the world's press are certain to impose increasingly harsher penalties and criticism on those held responsible for major failures, particularly of tailings dams, in the future. One of the major problems in applying available knowledge to slope problems is that attempts to apply this knowledge are frequently left too late. To provide an engineering solution in the case of a slope in an advanced state of failure is an almost impossible task, and it is essential that those responsible for the stability of a slope must learn to recognise signs of distress at an early enough stage for effective remedial measures to be taken. As our ability to solve slope problems improves, the time at which slope stability problems are considered in a mining project must move forward to a stage at which these problems can be anticipated and dealt with before they arise. Conferences such as this are important in that they enable us to exchange ideas and advance our knowledge to a level at which such predictive engineering will be possible. It has been encouraging to hear of mining projects such as the Bougainville Copper operation where slope stability studies were carried out as part of the overall evaluation programme and it is hoped that this will become a more common procedure in the future. Providing a safe slope in an opencast mine obviously costs money, either in terms of the reduced ore to waste ratio given by flat slopes or because of the cost of stabilization techniques such as drainage or the use of rock anchors. An optimum slope design will provide maximum safety at minimum cost but achieving this optimum is not an easy task. Any one of us could design a slope which would be stable to the end of time, but it is probable that that slope would be so flat as to be totally uneconomic in most open pit mining situations. On the other hand, if the overall economics of a mining project are so critical as to require slope angles which the engineer responsible for these slopes considers to be unsafe, it is his duty to make us could design a slope which would be stable to the end of time, but it is probable that that slope would be so flat as to be totally uneconomic in most open pit mining situations. On the other hand, if the overall economics of a mining project are so critical as to require slope angles which the engineer responsible for these slopes considers to be unsafe, it is his duty to make

Jan 1, 1971

By Erica Frederickson

"Millennials. Doesn’t the word just make your blood boil? You’ve probably encountered one of those kids who think they know best despite a lack of any real experience.Hi, my name is Erica, and I am a Millennial. We often get a bad rap, sometimes for good reason. But we do have qualities that are often overlooked. For example, I am happy to share with my generation a real desire to make a difference in the world and a commitment to innovation. Does this mean I think we always have good ideas? No – especially not right away. After all, few of us came anywhere near a piece of construction equipment until arriving for our first job, as was the case for me. We may have fancy degrees, but not many of us learned to run a jackleg drill in school.Two weeks after graduating college in 2011, I packed up my bags and moved to New York City to work as a field engineer for Traylor Bros. Inc. on the Queens Bored Tunnels project (Granite/Traylor /Frontier Kemper, JV), part of NYC MTA’s multi-billion dollar Long Island Railroad East Side Access project. It was here I became acquainted with the notorious New York City union workers. Perhaps the greatest challenge of my career thus far was earning the respect of the field supervision and craft workers on this first project.The first time I asked a maintenance mechanic to clean a piece of equipment in accordance with our maintenance protocol I got a flat-out “No.” It was the most powerless I had ever felt. But why should these experienced workers trust a 21-year-old girl with her civil engineering degree and no prior experience? I realized no employee on the job had any reason to listen to me — not until I proved my worth. Fortunately, I arrived on the job site just as we were commissioning the slurry plant for the first tunnel drive. I dove into learning as much about the slurry tunneling process as possible and was able to quickly pick up the ins and outs of running the slurry separation plant. As none of the other engineers or management had first-hand experience on a slurry tunneling job, I soon became the go-to engineer in the slurry plant. No one questioned me if I asked to have something done around the plant after that, or if they did, they quickly learned that I had a convincing answer as to the need for the task. I was even able to play a large role in shaping our slurry monitoring and control methodology."

Jan 1, 2015

Mine planning is difficult. Even for small operations, it involves reasoning with complex variables and the practical difficulties of mining. It is also about predicting and planning the future in an unpredictable physical and economic environment. Yet we rely on a handful of individuals and their spreadsheets to tell us how to do it û planning the business and activities of mining to hopefully produce results that will please stakeholders. Does it work? Not as well as it could. Planning affects everyone in the organisation. Company executives are demanding more reliability and stability in cost and revenue forecasts from their operations. Management want to explore ways of being more cost effective. Miners and contractors want more useful plans and realistic targets. And the planners have to describe the method that will translate business objectives into implementable plans. Even with the use of computer technology a lot of effort is expended to produce plans that are largely qualified by the level of knowledge and experience of individuals. Better use of information and the application of Intelligent Technologies can improve the quality and reliability of mine plans and schedules. By capturing the knowledge within the organisation and speeding up the planning process, Intelligent Technologies allow more options to be considered more rigorously. But it is not just about technology. It is about how technology is implemented and embodied in the way the business is managed for performance. When this happens, the real benefits of better planning start to flow.

Jan 1, 2003

By C Moorhead

The classification of Mineral Resource estimates for reporting in accordance with the JORC Code is a statement of the Competent PersonÆs confidence in the estimate and an attempt to convey that confidence to the various users of the resource estimate. In general the classification process is either largely subjective, relying on the Competent PersonÆs experience, or relies on statistical measures derived from the estimation process. These statistical measures may not necessarily relate to the overall confidence in the resource which must also take account of the confidence in the geological inputs to the estimation. Several authors, including Jackson et al (2003) and Dominy, Noppe and Annels (2004), have addressed methods of including consideration of geological data and its reliability into the classification process. Henry and Parker (2005) have discussed a quantitative measure for classification of Measured and Indicated Resources related to mine production parcels. These methods rely on the availability of sufficient information for the application of geostatistics, data evaluation techniques or repeated interpretation of data to provide an indication of confidence. They are suitable for very advanced projects. In 2005, using a modification of the financial audit æcontrol and quality criteriaÆ principles, then widely accepted within Newcrest Mining Limited (Newcrest), the principal author developed a scheme which categorised the classified resources into æcontrolÆ and æqualityÆ (or risk) categories. Control covers all aspects of the data collection, the geological interpretation, the data analysis and the modelling of tonnage and grade; it is also influenced by the documentation of the estimate. The quality criteria are a subjective measure of risk associated with the estimation of the resource and refer to the risk that the tonnage and grade are not realised and the consequences if decisions are made on the basis of these estimates. By evaluating the generally accepted level of risk attributed to these quality ratings by Competent Persons within Newcrest, a graphical representation of the confidence in the resource ounces was prepared for communication of the expected confidence in the resource statement.

Jan 1, 2009

By B. M. Davis

The uncertainty associated with a reserve estimate has generally been expressed as a subjective ranking rather than a quantitative expression of either reliability or uncertainty. These rankings of estimate reliability have taken a very nonquantitative bent as well. For example, the U.S. Securities and Exchange Commission definition of proven reserves is given as: Reserves for which (a) quantity is computed from dimensions revealed in outcrops, trenches, workings, or drill holes, grade and/or quality are computed from the results of detailed sampling and (b) the sites for inspection, sampling and measurement are spaced so closely and the geologic character is so well-defined that size, shape, depth and mineral content of reserves are well-established. (U.S. SEC, Form S-18, Item 17A)

Jan 1, 1992

By Margaret Armstrong, Chris Roth

One advantage of kriging is that it provides both an estimate of the block or point grade, and an indication of the local precision via the kriging variance. If one assumes that the estimation errors are normally distributed, then confidence intervals for the grades can be calculated. But in mining, grades are rarely normally distributed; in general, they are skew. This is particularly true for precious metals. In this paper we study confidence intervals for variables with non-normal distributions. Using a non linear geostatistical technique, the grades are transformed into their normally distributed equivalents. Confidence intervals are obtained for these normal variables, and back transformed to give the corresponding confidence intervals for the grades, for either points or blocks. This approach is applied to gold data from the Witwatersrand basin in South Africa.

Jan 1, 1996

Traditionally, capital costs of major resource development projects have been estimated as a single amount to which a percentage accuracy has been assigned based on the method of preparation of the estimate, that is, on the amount of information available to develop the estimate.However, there is a growing recognition of the importance of a probabilistic approach to capital cost estimates, and of a more rigorous calculation of estimate accuracies and of the presentation thereof. Accuracies can be expressed with more certainty as a percentage of the estimate amount where the percentage represents one standard distribution on the probability curve for the capital cost of that specific project. Thus confidence levels can be stated for various estimated amounts - for example, it can be stated that there is an 85% chance that a stated amount will not be exceeded, or a 90% certainty that a (higher) amount will not be exceeded. Moreover, the right skewness of the probability distribution curve for most projects can be readily recognised and reflected in the evaluations. This enables senior executives and board members to have a clearer understanding of investment uncertainties, and the possible magnitude of commitments.

Jan 1, 1990

By Anthony A. Zoobkoff

Gotcha! ? What Did I Just Agree To? ? You can?t repeat or use anything you heard. ? Did you agree before you knew what you were going to be given, told or shown? ? If you knew what you were to be given, told or shown, would you have still agreed?

May 1, 2013

By V. O. Tenorio, K. P. Hague

Mines are constantly trying to improve production processes by optimizing work cycles, reducing operational delays, minimizing costs, controlling equipment utilization, and preventing occupational hazards. Currently, advances in digital mining technologies within the concepts of 5G and Industrial Touch Internet are allowing better control and monitoring of underground mining equipment, with centralized control systems that unify data analysis for proper decision making. A wireless 5G-based platform for controlling and monitoring systems for underground mine operations can be designed over a comprehensive layout in where bandwidth selection, sensor location, Wi-Fi repeaters and power distribution are put together to build a successful supervisory system. In order to confirm the validation of these concepts, a case study is proposed for a medium-sized underground mine with a multi-level network which includes tablets managed by production supervisors, along with other data collection devices installed in semi-autonomous mining equipment, collecting, and distributing data in near-real time, with interconnection to support and services areas on the surface.

Mar 2, 2022