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By I. Meliadis

This study presents the methodology and proposals for the restoration of an abandoned quarry in the Greek island of Milos. The local data (soil, vegetation etc.) of the island were collected, analysed and compiled into thematic maps using Geographical Information Systems. The restoration plan was based on the G.I.S. database and suggested the revegetation of the disturbed lands with herbaceous (grasses and legumes) or woody (shrubs and trees) plants. Plants should be indigenous or from other areas with the same vegetation type. Herbaceous plants establish and grow easily protecting the soil from surface erosion. The revegetation success depends on the seed quality, planting season and methods as well as local environmental conditions. Our proposals aim to restore the abandoned quarry with methods that follow the natural succession of vegetation, have minimal environmental impact, low cost and the expected result will be similar to the surrounding undisturbed land.

Jan 1, 2002

By Michaela Dina Stanescu, Emilia Visileanu, Eftalea Carpus

"The recovery and reintroduction into the economic circuit of the textile material resources must be considered as component parts of the strategies of harmonizing the relationships between the economic growth, consumption of natural resources and environmental protection of the existing socio-economic system.The waste recovery for ensuring a sustainable development is a major concern of all industrial researches. In the textile domain, the concern in this matter is becoming more evident. An important role in manufacturing textile products it has the notion of eco-design, which has grown considerably over the last twenty years with increasing awareness of environmental and social problems in the industry.Introduction“Humanity must learn from the global financial and economic crisis experience""- is the conclusion of the policy makers who should develop a strategy designed to reinvigorate the economy and make possible an"" intelligent, sustainable and favourable to inclusion” growth, by a better coordination of national and European policies.The new vision for social market economy is based on three priority areas: smart economic growth, the development of an economy based on knowledge and innovation; sustainable economic growth, the promotion of a competitive economy with low carbon emissions and an efficient use of resources, as well as an inclusive economic growth, the promotion of an economy with high degree labour employment, which would generate social cohesion. The recovery and reintroduction into the economic circuit of the textile material resources must be considered as component parts of the strategies of harmonizing the relationships between the economic growth, consumption of natural resources and environmental protection of the existing socio-economic system.The waste recovery for ensuring a sustainable development is a major concern of all industrial researches. In the textile domain, the concern in this matter is becoming more evident. It is obvious that at the origin of pollution there are the technological processes of textile processing with impact on air, water, soil, as well as the storage processes. In all phases of obtaining a product, a series of secondary products and textile wastes with impact on the environment occur. The product used becomes also a factor of environmental pollution, which in most cases fails to assimilate."

Jan 1, 2012

By C. Manea

During exploration and exploitation of complex ores, waste dumps that contaminate severely the environment and in particular soils, are genetated. The most hazardous pollutants are heavy metals and metalloids (e.g As, Mo, Pb and Cu) as well as radionuclides (e.g U and Ra). Ecological remediation aims, among others, at decontamination of soils by preserving important properties as soil fertility.

Jan 1, 2008

By Vladimir F. Skorokhodov, Nikolay N. Melnikov, Svetlana P. Mesyats

"Among the problems of the civilization development, a problem of interaction between man and natural environment can be highlighted. In the twentieth century the human transforming activity had got scales of geological processes and defined the contradiction between the goal to increase the quality of human life and possibilities of the natural environment. Last twenty-five years after the World Summit on the Environment (1992) indicate that the development of civilization is still based on receiving super profits from the natural resources exploitation. This statement is confirmed by economy globalization rates, growing contradictions between consumption and production, depletion and degradation natural environment. A new technological order is formed at the time of growing world population, technological capacities, organizational complexity, from one side, and global scales of geo-resources consumption, on the other side. Sciences, determining the further civilization development, should take on the task to change the social worldview, since the preservation of human population consists in remediating and maintenance of biosphere functions as a regulator of ecological balance. The new worldview in the geo-resources exploitation is based on the Ecological strategy of mining development, which consists in reducing mining-induced loading on natural environment while increasing efficient mineral production and processing, and providing for a comprehensive solution of tasks on mineral deposit development. One of strategic trend of mining development is to increase complexity and completeness of useful component extraction from ore and mining deposits while reducing wastes and decreasing their stockpiled volumes. The implementation of the ecological strategy has shown that the future is determined by reduction of the environmental impact while improving the efficiency of mineral mining and processing.INTRODUCTION The global nature of environmental problems caused by the scale of consumption of natural resources, huge amounts of waste, and intensive man-made impact on the environment requires a revision of the strategy for the natural resources development. Many existing technologies are ineffective in achieving the ultimate goal. Direct output in the raw materials - the end product technological chain rarely exceeds 10%, which implies a huge amount of work to move the soil. In addition, the feature of scientific and technological progress at the present stage is the growth of power-to-weight ratio."

Jan 1, 2018

By Olga Slavkina

A new technology of bacterial leaching by means of the Thiobacillus ferrooxidance bacteria is proposed. The equations of reactions that describe of the first and the second stage of bacterial leaching of sulfide raw materials containing non-ferrous metals are given. The theory is analyzed and the technology of processing of some complicated substandard concentrate containing copper and zinc is proposed. The main technological operations including a two-stage bacterial leaching and stages of copper and zinc recovery in the form of marketable product are described. The results of the experimental validation of the main technological parameters of the first stage are given. The main possibilities of a more complete zinc and copper recovery at the second stage of bacterial leaching are discussed in comparison with single-stage leaching process.

Jan 1, 2003

By Robert W. Holliday

Natural resources are the reservoir from which society draws its material sustenance. Although there is a growing awareness of the need for aesthetic resources such as space for recreation and natural beauty, the basic resources are soil, air, water, and minerals including fuel. Minera's and all sources of energy gain in relative importance with advancing technology and expanding industrilization. In the highly industrialized economy of the United States, almost every aspect of man's life is touched in some way by a product of, the mineral; industries. Agriculture owes much of its productivity to mineral-based fertilizers, insecticides, and mechanical equipment. Modern construction, manufacturing, communications, and transportation are all dependent on nonmetallic minerals, metals, and fuels. Throughout history, those nations with access to minerals, and the technology for using them, have gained ascendency. Before World War II the leading powers also were, leading coal producers. In order of declining rank the five leading' coal producers were the United States, the United Kingdom, Germany, the USSR, and Japan. That the military victory went to the side with the greater' capacity to convert iron and coal into tools of industry, and weapons, is' more than coincidence. It is a fundamental' fact of existence. It is axiomatic that the United States must have a continually increasing supply of minerals if we are to meet the needs of our burgeoning population for a comfortable standard of living and for national security.

Jan 1, 1968

By William R. Bush

This paper is a presentation of findings based upon an econometric model of the world zinc industry. The model was developed as a simple but useful aid for long-run forecasting and planning purposes. A structure was developed for both simulating real zinc price effects on production and consumption, and for forecasting long-run annual zinc prices and supply/ demand levels. Moreover, a methodology is provided to incorporate the effects of: (1) historic technological advances in zinc supply, and (2) the development of the competitive plastics industry. Finally, reduced form equations are used to generate ex post forecasts to evaluate the model's performance.

Jan 1, 1979

By H M. A Ilyas, M Yahyaei, S Amari, M Darestani

Tailings are generally deposited on or near to the mine sites, occupying the site area, and being an economic burden for mining companies. Tailings can cause several environmental impacts, such as leaking toxic substances and contaminating underground water, emitting greenhouse gases, and damaging natural bodies and wildlife. Geopolymerisation of mine waste effectively transforms mine waste into more valuable, environmentally friendly products. Geopolymers are inorganic aluminosilicate materials that are widely applied in the construction industry (Araya, Kraslawski and Cisternas, 2020). The high performance and the low-CO2 emission of geopolymers make this type of material potentially more desirable than ordinary cement, given that manufacturing one ton of traditional cement generates approximately 0.8 tons of CO2. This process is seen as a promising method for repurposing tailings and reducing the environmental impact of mining waste. However, the environmental impact of geopolymer production is not sufficiently comprehended (Mazzinghy et al, 2022). Moreover, geopolymerisation of mine waste can offer several economic benefits, including reduced waste management costs (Amari et al, 2019; He et al, 2022), reduced raw material costs, and potentially lower production costs. However, there are several challenges that need to be addressed to ensure the economic feasibility of the process. This study aims to demonstrate the potential environmental impacts of geopolymer concrete produced using mine wastes and industrial by-products such as blast furnace slag (BFS). For this, a comparative cradle-to-gate life cycle assessment (LCA) methodology was conducted on different geopolymer mix designs, and the greenhouse gas (GHG) emissions results were compared to the ordinary cement. LCA can be used to evaluate the environmental impact of geopolymerisation of mine wastes in various ways. One important impact category is GHG gas emissions, which contribute to climate change and is the focus of this study. Another aim of this study is to evaluate the economic feasibility of the geopolymerisation of mine wastes via economic analysis (EA) to identify the key economic factors and trade-offs associated with repurposing mine wastes through geopolymerisation.

Aug 2, 2023

By Young C. Kim, William C. Cassun

A proper economic analysis of pit slope design must reflect the trade-off between the benefits and the increased risk of slope failure inherent in steeper slope angles. This paper describes the results of a case study in which a newly developed probabilistic economic analysis procedure was applied to the selection of a pit slope design at a large porphyry copper mine in the southwestern U.S. The paper also demonstrates the availability of the required data such as the probability of failure schedule and cost of failure models, under "real-life" conditions.

Jan 1, 1978

By Cyril Jones

13.9-1. Introduction. Any mining venture or project is undertaken with a view of gaining some benefits, which, with the modern limited corporation, means earning a return to the stockholders for the use of their funds. Thus, any manager, when confronted by an opportunity of expending funds, must realize that the funds should generate a satisfactory return. The problem then becomes one of how the manager should best expend, if he should expend, funds for opportunities that become available to him. In the evaluation of a mineral property, or of a project within an operating mineral property, there must be cognizance of the fact that the final return is dependent on many factors that are not present in other industries. The primary factor in mining operations is the orebody, which has a diminishing life. This diminishing life gives the decision maker a range of choices; for by expending more capital for a larger plant, he can work the deposit out in a shorter period (16). This may, in fact, maximize the return on the investment. Alternatively, he may wish to maximize the total profits, a course which usually requires a lower capital investment and allows a longer working life for the deposit before final depletion. Other factors that have great importance in the evaluation of mining projects are the taxation treatment of mining profits from the viewpoint of depletion, depreciation, and investment credit. Investment opportunities involve expending funds at the present time in return for future benefits. These future benefits have a degree of risk in that the annual amounts of benefits and their duration cannot be fore- cast accurately. The treatment of risk in economic analysis involves the quantification of the degree of variability of the expected future benefits and also of the initial capital expenditure. This treatment in mineral exploration may be extended to cover the initial search for an orebody

Jan 1, 1968

By Chulho C. Song, Liam Coleman

Alkaline pressure oxidation (POX) is an oxidative pre-treatment option that is commercially used for high-carbonate sulfidic gold ores. The high carbonate grades within the feed ore shifts the ideal operating pH to a basic regime. Compared with acidic POX, alkaline POX typically requires additional steam input due to a lower sulfur oxidation load and a high rate of in-situ carbon dioxide generation that needs to be vented along with steam. The cost of this steam addition is the largest differentiator between acid POX operation and alkaline POX from a cost comparison. However, alkaline POX can offset these costs through reduced acid usage for pre-acidulation and decreased alkali reagent consumption for subsequent neutralization. This paper reviews the specific operating cost impacts of acid/base consumption between alkaline and acidic POX with ores which require pre-acidulation, the overall economics of alkaline POX, and the regimes in which alkaline POX is economically favorable. The findings aim to guide industry professionals in making informed decisions for alkaline POX adoption by providing a summary view of its operational benefits and costs, contributing to the development of cost-effective and sustainable gold ore processing techniques.

Feb 1, 2025

By Adrian C. Dorenfeld, John T. Oleksy

Fuel problems of two lesser developed countries (LDC 's) are presented. In particular, the paper reviews cement technology and the fuel-intensive cement industries of the Philippines and South Korea. Based on current financial and cost data, analyses are presented of the proposed substitution of high-sulfur and slow-sulfur American coal in place of fuel oil. The analyses show that economic substitution of coal for oil is not only based on relative prices for coal and oil, as expected, but also to be an inverse function of degree of intensity of energy use, and a direct function of financial incentives such as accelerated depreciation, taxes on the savings made by the use of coal, and cost of capital.

Jan 4, 1979

By X. J. Luo, F. Zhang

"Metallurgical slag (MS) such as steel slag, copper slag is a renewable resource and its compressive strength exceeds 200MPa in general. Because pure metal slug can easily be mixed into MS, complex recycle system is necessary in order to realize MS’s recycling. Meanwhile, there is high equipment failure rate in conventional crushing system. New crushing systems with inertial cone crusher could solve this problem very well. Recovery rate of MS tailings requires that crushing product can’t contain too much oversize product, so the essential equipment include two crushers and one sieve in the traditional crushing system. The new crushing system which only includes two crushers can meet the requirement and simplify the crush process. Investment of crushing equipment and infrastructure can be cut down. Operating and maintenance costs can be obviously reduced due to the simple process, which also could achieve high energy saving and excellent economic efficiency.INTRODUCTIONMetallurgical Slag (MS) such as steel slag, copper slag is a typical industrial solid waste and it threatens our environment’s safe. Metallurgical enterprises must take action to settle these wastes in order to protect our environment. Because pure metal slug can easily be mixed into MS, its uniaxial compressive strength (UCS) will exceed 200Mpa. If crushing station employs traditional crushing equipment, equipment failure will be easily caused because of these pure metal slugs. Coarse crushing equipment usually adapts jaw crusher in traditional Crushing technology and rod mill will be utilized to finish the secondary and fine crushing works. And the same time screening machinery should be used to ensure the suitable particle size (Figure 1)."

Jan 1, 2016

INTRODUCTION Mineral explorationists range throughout the world looking for mineral deposits which can subsequently be made into mines. Mines are not found! Mines are made, usually at great cost and not often without significant risk. The process of making a mineral deposit into a mine involves a great deal more than a complete appraisal of the deposit. The making of a mine demands detailed feasibility studies of many factors, any one of which, if shown to be negative, could prevent the deposit from becoming a successful mine. Total feasibility analysis involves at least three major fields of study: (1) economic analysis, (2) financial analysis, and (3) political and environmental analysis. Economic analysis is essential for proper decision making at many stages in the evaluation of a mineral deposit. It is the yardstick by which the proposed mining project and alter- native investment opportunities are measured. Economic analysis is concerned with costs and potential profits and can be applied at various stages in the evaluation of a mineral deposit to determine if the project merits the additional funds necessary to bring about each succeeding stage. The nearer any deposit approaches to becoming a mine, the more carefully the economic analysis should be made. Financial analysis has reference to how, where, and at what cost the investment funds can be obtained to finance the proposed mine project. Political and environmental analysis has reference to the many intangible factors that can affect the making of a successful mine. These factors loom larger today than ever before, due to the profusion of government regulations and various environmental constraints now imposed upon the mineral industry both by law and by the weight of public opinion. Ultimately, many of these intangible factors can be resolved back into the economic analysis as an added cost to mine development, but more and more often they have become insurmountable obstacles to any development of certain deposits. The role of financial analysis and the analysis of intangible factors must never be underestimated when making a feasibility study upon which to base investment decisions; however, the emphasis of this text will be upon economic factors. THE PARAMETERS OF MINERAL ECONOMIC ANALYSIS The two major elements of economic analysis are: 1) The potential earnings or annual generated cash flow of the project. 2) The investment costs necessary to realize such earnings. If the difference between the two elements is large enough, i.e., if the return on investment from the cash flow is high enough to attract investors, the project can be said to be financially feasible. The mineral economic analysis must take into consideration many parameters, some of which are known or knowable within certain limits, and others of which are unknown or unpredictable within certain limits and for which estimates must be made. Because both known and estimated parameters enter into the same analytical computations, it is important for the analyst to realize the nature of each when considering the results of an analysis. Some parameters such as the grade of mining block, although estimated, are said to be known within mathematically defined limits. Other parameters, such as the future price for minerals produced, etc., can only be estimated or "guestimated" within reasonable limits for which no precision can be assigned. Known or Knowable Mineral Economic Parameters Known or knowable parameters are: 1) Tonnage and grade of valuable minerals for the total mineral body and for individual mining blocks. 2) Metallurgical recovery of valuable mineral. 3) Minimum operating life of mineral de- posit at any specified production rate. 4) Royalty schedule, property payments, etc. 5) Sales-purchasing agreements, smelter schedules, marketing contracts, etc.

Jan 1, 1980

By Young C. Kim

A proper economic analysis of pit slope design must reflect the trade-off between the benefits and the increased risk of slope failure inherent in steeper slope angles. However, no formal framework for a proper analysis has existed to date. This paper summarizes the material contained in the Design Chapter Supplement (5-3) of the Pit Slope Manual. The supplement describes the results of the research effort in which a formal economic analysis framework was developed and tested through a case study. The case study results have demonstrated the practicality of the developed procedure and the availability of required data under "real-life" conditions.

Jan 1, 1979

By T. Uysal

The increasing demand for rare earth elements (REE) in highly strategic sectors such as hybrid electric vehicles, renewable energy, communication technologies, and the defense industry has made REE production methods important. In recent years, studies on REE have increased rapidly; however there are many studies on REE, there are not enough studies in the literature on the economics of the beneficiation process. RE ores are generally leached after beneficiation by gravity, magnetic and flotation methods. In this study, direct leaching, attrition scrubbing and leaching, and flotation and leaching methods are evaluated economically based on the data for the Mountain Pass (MP) facility. According to the sensitivity analysis performed as a function of capital cost (CAPEX), operating cost (OPEX), and rare earths oxides (REO) recovery, REO recovery has the biggest effect on the process economies. Although the flotation method entails additional investment and operating costs, transportation and operating costs are significantly reduced result of the higher grade and recovery. The flotation method is more profitable, with larger NPV and IRR values and a shorter payback period.

Jul 2, 2022

By D. Harris, M. Osterberg

This paper examines the economics of acquiring mineral exploration rights by royalty-rate bidding when the royalty basis does not provide for full cost recovery. Bidding takes place prior to exploration and the documentation of actual tonnage and grade. Consequently, it increases considerably the risk to exploration capital when the fraction of cost recovered is small and the product price exhibits large fluctuations. Price and grade risk are demonstrated on a 360-Mt (400-million-st) porphyry copper deposit by Monte Carlo simulation of discounted-cash-flow analysis. Copper price is modeled as a stochastic price process, and costs are based on US Bureau of Mines cost models. When both grade and price risk are considered, the probability for a negative NPV is 0.54, given a royalty rate of 5% applied to a basis that allows the recovery of costs up to 50% of product price. Investment risk could be considerably reduced by defining the royalty basis to allow greater cost recovery. Although such a basis would require society to share in the risk, society would benefit from greater resource development.

Jan 1, 2000

By K. Oraee

Mining of copper ore and the related industries play an important role in Iran?s economy. Copper ore production in Iran accounts for 75% of the total production in the Middle East. All activities related to copper, that is, exploration, production, refinement etc are owned and managed by state owned companies. Decisions have been made to privatize all these activities. To assess the success of this privatization process, different components of the industry must be subject to economic analysis. In this paper, the cost estimation of all operations has been carried out. The total potential and attainable revenues have also been estimated using historical data available from the industry. Risk is a major factor in all mining activities and the copper industry of Iran has been subject to risk factors arising from many internal and external variables. These variables have been recognized and their effects evaluated. The effect of risk on the economic feasibility of the operations in the industry has also been analyzed.

Jan 1, 2011

By M. Kumral, E. Dilhuydy, B. Ozdemir

"In-pit crushing and conveyor (IPCC) systems have become increasingly popular in the mining industry as an alternative to truck-and-shovel systems. Deciding whether to haul waste rock by truck or IPCC represents an important gap to be investigated in semi-mobile IPCC systems. A cost analysis is presented to evaluate the feasibility of crushing and conveying waste material in IPCC systems, along with sensitivity and risk assessments through Monte Carlo simulation. Although the capital expenditure is higher, results showed waste crushing will be feasible in deep pits and over long mine life and haul distances.RÉSUMÉ La popularité des systèmes de concassage et de transport dans la fosse minière (IPCC, de l’anglais In-pit crushing and conveyor) n’a cessé de croître dans l’industrie minière ; ils constituent en effet une option intéressante de remplacement des systèmes par camions et pelles mécaniques. Le choix entre le transport des stériles par camions ou par IPCC est encore difficile à faire et devra faire l’objet d’une étude approfondie au niveau des systèmes d’IPCC semi-mobiles. Une analyse des coûts est présentée pour évaluer la faisabilité du concassage et du transport des stériles par les systèmes d’IPCC, de même que des évaluations de la sensibilité et des risques par le biais de la simulation de Monte Carlo. Si les dépenses en immobilisations s’avèrent être plus élevées, les résultats ont cependant montré que le concassage des stériles sera envisageable dans des fosses profondes ainsi que sur une longue durée de vie et de longues distances de transport. INTRODUCTIONThe mining industry is currently facing many challenges such as low commodity prices, increasing environmental concerns and regulations, lower grades, deeper mines, and greater waste-rock quantities. As a result, the profitability of mining operations has decreased, with many mines stopping or suspending operations, and many new projects being postponed. Mining companies have therefore focused on improvements and innovations to increase the cost effectiveness of operations, for example, increasing production capacity to take advantage of the economies of scale (Crowson, 2003) and decreasing the unit operation cost. Changes in production capacity force mining companies to evaluate alternative material handling systems.During the past few decades and within material handling systems, significant improvements have been made to truck performance and capacity. Consequently, operating expenditures (OPEX) associated with fuel and maintenance have risen swiftly. In a mining operation, truck hauling systems now represent 40–50% of the capital cost and approximately 45% of the OPEX (Tutton & Streck, 2009). Additionally, material transportation costs are expected to increase due to longer haul distances arising from deeper and larger mines (Fleet et al., 2015). Finally, large fluctuations in fuel prices result in high risks associated with truck OPEX. According to the United States Energy Information Administration (2015), the cost of crude oil—the largest component of the retail price of diesel fuel—increased from US$24.31/barrel in 1986 to US$46.92/barrel in 2016, peaking at US$151.72/barrel in 2008 (Macrotrends, 2016)."

Jan 1, 2017

By F. M. Clement

British Columbia, unlike the Prairie Provinces, cannot lay claim to vast prairies. She can, however, claim many valleys, uplands and plateaus that are capable of marked agricultural development. It has been said that British Columbia is not an agricultural province. This may or may not be true, but at the present time agricultural production in this province stands second only to that of forestry. The industry has advanced from a total production of 8 millions in 1908 to a total production of 60 millions in 1924, a total increase of approximately 650 per cent in 16 years. In the last 10 years production has increased from 30 millions to 60 millions. No other industry can point to such a rapid development. In 1908 British Columbia imported 12 million dollars worth of foods compared to the 8 millions which were produced at home. In 1924 she imported 20 million dollars worth of foods compared to the 60 millions worth produced at home. In addition we exported foods to the value of approximately 10 million dollars. British Columbia is therefore self-sufficing in-so-far as values ar.e concerned except for approximately 10 millions of dollars. It is not to be expected that this province will ever grow all the coarse grains that she may require: these, along with certain meats, will always be a heavy item in the imports. We are concerned at the present time more with the value of the products than with the quantities produced: in other words, with quantities only in-so-far as ? quantities improve value.

Jan 1, 1925