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By T. R. Ellis

Minerals Appraisers/Valuers often find great difficulty or failure in attempting to employ the Sales Comparison Approach to the Market Value Appraisal of development and operating stage mineral properties. An important factor generally overlooked is a comparison of net operating income (NOI) margins on a per-unit-of-production basis between mineral properties, whether these be demonstrated or forecast margins. NOI margins can vary greatly between mines or quarries that are producing similar products. Ultimately, the expected NOI margin determines what a buyer is willing to pay for an income producing property. Common criticisms of the sales comparison approach by minerals appraisers are introduced. These are counterbalanced by raising some issues in the way the inputs for the Income Approach are usually derived by minerals appraisers, and by review of some conspicuous examples of the much too common misuse or abuse of the income approach in market value minerals appraisals. Example transaction analyses and sales comparison analyses are used to demonstrate the author?s methodology for adjusting units of resource in his transaction adjustment tables (see APPENDIX). The examples are used as the basis for discussion of ways to employ adjustments for operating economics and many other factors, while cautioning about the potential for double counting. The conclusions include a recommendation that minerals appraisers attempt to apply at least two of the three valuation approaches when appraising the market or fair value of development and operating stage mineral properties, the two being the sales comparison and income approaches.

Jan 1, 2011

By Winston Rocher Anda

Traditionally, mining activities have been developed in firm land, but technological advances and human needs have opened in the last year?s new opportunities in the maritime field. This has happened not only in the oil or hydrocarbons industries, but also in relation to the exploration or exploitation of other minerals, metallic and non-metallic. This has forced several countries to complement or create legal rules that make possible its own development and the International Law, through the United Nations Convention on the Law of the Sea, to regulate this activity in the space of its own, the calling area. Chile, as country with a long experience in mining and great advances in large deposits exploitation, possesses a special juridical frame that regulates this economic activity according if it is the geographical or territorial area in which is realizes, and it has been complemented lately with the international normative.

Jan 1, 2011

By B. A. Osei

Research to evaluate possible metrics for predicting dredgeability of compact aggregates, by hydraulically actuated clamshell dredges, shows work done by the pistons as a viable metric. Analysis of field data shows that there is a low, positive, correlation between cycle time (CT) and work done. If this correlation exists, then CT has to be considered an independent variable affecting work done during dredgeability assessment. Further research is required to elucidate the relationship between CT and work done during dredging. The objective of this paper is to test the hypothesis that work done during dredging increases with increasing CT. Kinematics and dynamics of the hydraulic clamshell were modeled and implemented in Simulink® in MATLAB. The model was validated using field data. The model was then used to test the research hypothesis. The results show that work done increases with increasing CT. This work confirms that work done during dredging increases with increasing CT. This result indicates that though an operator can increase the CT to deal with difficult digging, inputting unduly high CTs results in higher energy consumption during dredging.

Jan 1, 2011

By D. Boshoff

The ability of an explosive to break rock is influenced considerably by the extent of confinement in the blasthole. It is believed that confinement is improved by the use of adequate stemming. The aim of this paper is to present the results of the first and second stages of developing a stemming performance testing rig for small diameter boreholes. The rig was used to compare and contrast the performance of different designs of products. The results showed that different stemming products have differences in terms of their functionality, which can have a major impact on the efficiency of rock breaking. Two test procedures were used, one through the exclusive use of compressed air and the second using a purpose-built high pressure test rig with small quantities of explosives. Both tests were used to identify and evaluate the ability of various stemming products to resist the escape of explosive gas through the collar of a blasthole. An investigation was done to determine the types of stemming products most commonly used in South African underground hard rock mines, and these products were used during the tests. The first stage of tests using compressed air only did not prove adequate to predict with certainty the pressure behaviour in the borehole of a particular product under high pressure conditions. The purpose-built high pressure test rig also did not prove to be a very effective tool to test stemming products under high pressure conditions. The test rig incorporated only the effect of gas pressure on the stemming product, and excluded the effect of the shock wave. This study therefore proved that to take into account only the gas pressure generated in the blasthole is not sufficient to effectively test stemming product performance.

Jan 1, 2011

By Jerry C. Tien

China?s remarkable levels of economic growth during the past three decades have lifted almost 300 million people out of poverty. This amazing achievement has placed an increasing demand on energy and minerals, especially coal, which supplies 68.7 percent of China?s energy (June 2011). It is estimated that China mined more than 3 Gt (3.3 billion st) of coal in 2010, three times as much when compared to merely 10 years earlier. Such an impressive achievement does not come without major costs ?? including concerns with mine safety and an increasing number of occupational illnesses due to fast growth. This article reports on one of the major safety concerns in China?s coal mining, dust and dust control practices, and known cases of caol worker?s pneumoconiosis affiliated with prolonged exposure to excessive coal dusts. The exact size of China?s mining industry is not known, but it is estimated the coal industry is at least five-million people strong, and the metal and nonmetals industry probably employs another three million people. To meet increasing energy demand, China mined more than 3.1 Gt (3.4 billion st) of coal in 2010 from its 15,000 plus coal operations1, most of which are small- to medium-sized operations with annual coal productions ranging from a few thousand tons to 300 kt (330,000 st). These small coal operations are typically in remote areas, inadequately engineered, poorly ventilated and still using rudimentary drilling and blasting mining methods employing antiquated mining equipment and, presenting safety concerns, i.e., methane and dust explosions.

Jan 1, 2011

By Lijun Liu, Yingwei Li, Jianhua Liu, Jinhui Peng

"As essential equipment in the metallurgical industry, current air heat exchangers cannot meet the requirements of high temperature heat transfer. In this paper, an energy efficient air heat exchanger, based on accumulation of the heat generated by microwave absorbing materials, is presented according to heat transfer theory and principles of the microwave field. A tubular shaped heat exchanger was designed and built up through temperature-rising curve, and experimental research of microwave high-temperature air heat exchangers was carried out. It was found from experiments that the tubular shaped heat exchanger fabricated using material B could be used for high temperature heat transfer system, and equilibrium temperatures could reach up to 457—485?.IntroductionHeating or cooling of air by heat exchangers is commonly practiced in a wide range of industries including construction, chemical, machinery, textile, printing, and dyeing [1-3]. Generally such heating or cooling of air is achieved in pipe heat exchangers. There are several drawbacks for such heat exchangers, namely, (i) the limitation of temperature to which the pipes can be heated, (ii) tendency to oxidize at high temperature, and (iii) poor strength of metallic pipes at high temperature. These limitations do not allow pipe heat exchangers to be operated at high temperatures [4-6].Microwave heating of inert solids, which are stable at high temperature, is a possible solution to achieve high temperature of the medium in air heat exchangers. It is well-known that microwave heating is an efficient, clean, safe, easy-to-control heating method. Microwave heating utilizes the dielectric and magnetic properties of a material. When microwaves penetrate and spread into the dielectric material, electrons, ions, etc move in the internal electromagnetic field, while the elasticity of inertia and friction impede these movements. This results in a significant thermal effect, increasing the surface temperature rapidly [7-8]. This paper studies mainly design and experimental research of microwave high-temperature air heat exchanger."

Jan 1, 2011

Clark volcano is a large volcanic center on the active arc front of the intraoceanic Kermadec arc. It is one of the two southern-most Kermadec arc volcanoes (the other being Whakatane volcano) that sits on oceanic crust before the transition to continental New Zealand, and is underlain by the 17-km-thick Hikurangi Plateau, which is presently subducting beneath the southern section of the Kermadec arc. Unusual K-rich basaltic lavas have been recovered from Clark (1.5 to 2.25 wt.% K2O), together with more typical basaltic-andesite, andesite and dacite rocks. The total volume of the Clark volcanic center is ~90 km3, calculated from the summit of the volcano down to the 2,500 m contour (which marks the inflection point of the volcano flanks with the surrounding seafloor) and comprises two separate edifices similar in size; the northern one having a volume of ~4.57 km3 and the southern one 4.43 km3. The volcano has a maximum relief of ~1,645 m from the 2,500 m contour to the summit of the shallower northern edifice shoaling to 855 m below sea level. The northern edifice is comprised of twin peaks each consisting of a constructional cone, with evidence of sector collapse having occurred between the cones. A more recent, smaller cone again has grown on the eastern flank between these summit cones. Massive, blocky lavas and coarse talus dominate the summits of the cones, with finer-grained volcaniclastic material and sediments a feature of the volcano flanks. The southern edifice is noticeably more dissected than the northern one, having a pronounced horst in the centre of the volcano bounded by 5-6 km-long faults. There is no obvious constructional cone atop the southern volcanic edifice.

Jan 1, 2011

By E. Latorre, T. S. Golosinski

ABSTRACT; his paper proposes new methodology to define the pit limits that yield the maximum net present value (NPV) for a deposit, under a given economic scenario and for a given discount rate. The method uses an algorithm that combines dynamic programming and heuristics. It was tested for evaluating deposits with different sizes and various grade distributions. For the discount rate of zero, the results confirm that the economic pit limits are the same as that defined using Lerchs Grossman method. However, when discount rates higher than zero are used, the pit limits differ, yielding a higher NPV.

Jan 1, 2011

By Masatsugu Morimitsu

This paper introduces new technology of oxygen evolution anodes which can be applied to produce copper, zinc, cobalt, and other metals by electrowinning. The anode consists of nano iridium oxide particles dispersed in amorphous tantalum oxide matrix as a catalytic layer formed on a titanium substrate. The anode can reduce oxygen evolution potential by 0.25 to 0.55 V compared to commercially available lead alloy anodes and can suppress unwanted side reactions such as manganese oxyhydroxide, lead oxide, cobalt oxyhydroxide which occur during oxygen evolution in the electrowinning solutions. This technology is effective for environmentally friendly electrowinning processes with low energy consumption and less anodic deposition.

Jan 1, 2011

By B. Anameric

Considerable effort has been directed towards understanding the carbothermic reduction mechanisms of self-reducing, fluxing dried green balls to produce pig iron nuggets. Given the geometry of the situation, some investigators believed that the shrinking core model was applicable. Hence, this study involved investigation of the applicability of the shrinking core model to pig iron nugget production. The experiments involved heat treatment of dried green balls utilizing either a laboratory-scale resistance box furnace or a gas-fired muffle furnace at various furnace temperatures and residence times. The products were analyzed for the following: (i) preferred reaction pattern, (ii) distribution of the metallized areas, (iii) % iron content variation in the pig iron nuggets from surface to center, (iv) carburization pattern and (v) physical and chemical properties of the pig iron nuggets. It was determined that the reduction of iron oxide occurred simultaneously throughout the sample and not beginning at the surface and propagating inward; thus the shrinking-core model was not applicable. Heat transfer and gas diffusion from surface to center were not the rate-limiting steps for reduction and carburization reactions.

Jan 1, 2011

By Tetsuo Yamazaki

Seafloor massive sulfides (SMS) in the western Pacific have received much attention as resources for gold, silver, copper, zinc, and lead (Lenoble, 2000). Since the end of the 1980s, SMS have been found in the back-arc basin and on oceanic island-arc areas. The typical representatives found are in the Okinawa Trough and on the Izu-Ogasawara Arc near Japan (Halbach et al., 1989; Iizasa et al., 1999), in the Lau Basin and the North Fiji Basin near Fiji (Fouquet et al., 1991; Bendel et al., 1993), and in the East Manus Basin near Papua New Guinea (PNG) (Kia and Lasark, 1999). The higher gold, silver, and copper contents in one of the areas increased the chance for profitable mining operation, which was considered by a private company (Malnic, 2001). The company gathered investment money and announced to start the commercial mining from 2010 (www.nautilusminerals.com). On the basis of geological information of the Sunrise Deposit of the Myojin Knoll on the Izu-Ogasawara Arc (Iizasa et al., 1999) and geotechnical characteristics of SMS (Yamazaki and Park, 2003), some preliminary economic validation analyses of the SMS mining in small production scale were reported by one of the authors (Yamazaki et al., 2003; Yamazaki and Park, 2005; Yamazaki, 2007). The results showed high profitability of the SMS mining.

Jan 1, 2011

By Thomas Schuman, Jaan Kers, Lucas N. W. Damoah, Xiangjun Zuo, Lifeng Zhang

"Rapid technological innovation has propelled the use of electronic equipment leading to the generation of more and more waste electrical and electronic equipments (WEEE). Printed wiring board (PWB) is a component made of one or more layers of insulating material with electrical conductors. To investigate an environmentally friendly process to recycle PWBs, PWB samples with and without additives were pyrolyzed. Liquid, gas and solid products were achieved with different conversion fraction. Analysis of the exhaust gases from the experiments using GC-MS and MS showed that without CaCO3 additives poisonous gases such as C6H6 and HBr were produced which were adequately controlled if CaCO3 was added.IntroductionPyrolysis is one of the best methods for treating complex mixtures of waste polymers and to recover the material and energy content. The process consists of thermal decomposition at moderate temperatures in total absence or small amount of oxygen in which the structures of polymers break down into smaller intermediate products "". The decomposition temperature of a substance is the temperature at which the substance breaks up into smaller substances or into its constituent atoms 2). Thermal treatment of PWBs were reported using DC Arc Plasma furnace 3), and fixed bed reactor 4). One drawback in dealing with thermal treatment of PWB scraps is the likely production of super-toxic halogenated dibenzodioxins and dibenzofurans from the bromine containing structures. Pyrolysis of organic materials contained in waste PWBs leads to the formation of gases, oils, and chars which can be used as chemical feedstock or fuels ""'. Dehalogenation of the pyrolysis product of electronic scraps is essential to make it commercially acceptable. It would be obviously the most advantageous solution as pyrolysis and dehalogenation are carried out simultaneously. Reported pyrolysis investigations are at experimental stage and have been carried out in vacuum, molten salt, fluidized bed, rotary kiln, entrained, stationary, and moving bed reactors 7). Comparing to the incineration and combustion of PWBs, the pyrolysis process has several characteristics: 8'"">) 1). Converting the organic solid substance into fuel gas, fuel oil and carbon-black as storage energy; 2) Emitting toxic substances such as sulfur, bromine and heavy metals in wastes; and 3) Keeping metals from being oxidized. Although many researches into the pyrolysis of PWB wastes have been reported, most of the works have been carried out using analytical pyrolysis techniques or very small batch reactors ""~'5). Also, most of the works for the pyrolysis of PWBs haves concentrated on the composition of the organic products, particularly the brominated organics. The current study is to investigate the pyrolysis of PWB powders in a small TG-DTA scale and a 50-gram tube furnace scale."

Jan 1, 2011

By S. Al-Thyabat

In this work, the floatability of Jordanian phosphate slime (-38 µm) was evaluated in a batch column flotation cell, 100 cm high and 5 cm inner diameter. Flotation was conducted using sodium oleate as a collector and methyl isobutyl carbinol (MIBC) as frother. Rougher flotation yielded concentrate assaying 29.19% P2O5 with 90.29% recovery at the following flotation parameters: 2.6 cm/s superficial gas velocity, 20 ppm frother dosage, 0.205 mM collector concentration and 40% weight solids. It was also found that conditioning with the same collector dosage but with a different solids weight percent gave different flotation results. However, pulp collector concentration was the key operating parameter; increasing collector dosage at the same solids weight percent decreased flotation recovery by 3%, while increasing solids weight percent at the same collector dosage increased phosphate recovery by 18%.

Jan 1, 2011

By F. Habashi

Chile is at present the largest copper and rhenium producer and was before World War I the largest nitrate producer. She is also an important producer of lithium carbonate and molybdenum oxide. An important event in the history of the country is the Pacific War of 1879-1883 in which she acquired the northern provinces initially belonged to Bolivia and Peru. In 1888 Chile annexed Easter Island. The Chilean mineral and cultural history is briefly reviewed together with the people who contributed to her development. The present report is the result of a number of academic and industrial visits to Chile during the period 1992 to 2009.

Jan 1, 2011

By Daniel Hoffman, Katerina Aifantis, Ibrahim Miskioglu, Jaroslaw Drelich

"A new method to determine the elastic modulus of a material using the atomic force microscope (AFM) has been proposed by Tang et al. (Nanotechnology 2008, 19, 495713). This method models the cantilever and the sample as two springs in a series. The ratio of the cantilever spring constant (k) to diameter of the tip (2a) is treated in the model as one parameter (a=k/2a). The value of a, along with the cantilever sensitivity, are determined on two reference samples with known mechanical properties and then used to find the elastic modulus of an unknown sample. To determine the reliability and accuracy of this technique it was tested on several polymers. Traditional depth-sensing nanoindentation was preformed for comparison. Using both methods, the elastic modulus of the polymers tested was calculated. The elastic modulus values from the AFM were within ±(5-20)% of the nanoindenter results.IntroductionThe atomic force microscope (AFM) has proven to be a useful tool for characterizing materials on the micro- to nano-scale. The most common use of AFM is to image and measure the topography of the sample surface, but AFM has also been used to characterize the mechanical properties of materials [1-3]. With AFM's ability to scan the sample surface, features of interest can be found and indented. It provides an advantage over traditional nanoindenters that use optical microscopes and thus cannot resolve nano-scale features. This makes AFM a useful tool for characterizing materials on the nano-scale."

Jan 1, 2011

It is not uncommon to find large quantities of combustible materials in underground metal and non-metal mines. Support timber is the predominant combustible material. Spontaneous combustion, welding and cutting, shorted or overloaded electrical cables and careless smoking are common ignition sources. More recently, there is increased use of diesel mobile equipment that requires fuel storage and transfer areas. Diesel fuel spillage on hot engine manifolds and motors can result in rapid flame growth and heavy smoke accumulation in a matter of seconds. In-expensive, reliable fire detection and suppression systems are available to provide early warning of fire conditions and to isolate and extinguish fires that originate in fuel storage and transfer areas. This report presents an example of how technology developed and demonstrated under Bureau of Mines Contract H0242016, Mine Shaft Fire and Smoke Protection System, may be applied to protect underground diesel fuel storage and transfer areas. The area application described in this report is a representative example only; the fire protection described includes the concepts of ? Early warning and alarm ? Isolation ? Extinguishment ? Control

Jan 1, 2011

By Craig Adams, William Poe

Introduction The United States Department of the Interior, Minerals Management Service (MMS) is mandated under the Outer Continental Shelf Lands Act (OCSL A) and the Energy Policy Act of 2005 to oversee leasing, exploration, development, and production of mineral and renewable energy resources on the Outer Continental Shelf (OCS). Under these authorities, MMS is responsible for permitting and overseeing an array of offshore operations; some of which involve the underwater detonation of explosive charges. Explosives are most critical for their use in the severance of bottom-founded piles and well components during the decommissioning of OCS platforms and well abandonment work.

Jan 1, 2011

The SART (sulfidisation, acidification, recycle, and thickening) process is an effective way to separate copper and cyanide from each other in the waste stream of gold processing plants using cyanidation. Factorial experimentation has been conducted to create models of copper recovery, cyanide recovery, acid addition, and oxidation I reduction potential during SART. Economic analysis of the resultant models showed that SART is best operated with a sulfide to copper molar ratio of around 0.56, a pH of 4, and a minimised cyanide to copper molar ratio. The experiments also showed that thickening time may have drastic impacts on SART performance.

Jan 1, 2011

By Ham. Y. M.

The corrosion behaviour of Al-B4C metal matrix composites immersed in 2500 ppm boron-containing H3B03, 0.5 M K2SO4, and 3.5% NaC1 solutions was investigated. Effects of B4C particle volume fraction on the corrosion behaviour of composites were studied using potentiodynamic polarization and electrochemical impedance spectroscopy techniques. Scanning electron microscopy was employed to study the surface morphology of the material before and after corrosion. Results show that all materials investigated are more corrosion resistant in 2500 ppm boron-containing H3B03 than in other solutions. No appreciable corrosion was observed in boric acid and sulfate solutions in contrast to an obvious pitting in NaC1 solution for both base alloy and composites. The preferential pitting sites are the interfaces of Al/Fe intermetallics for the base alloy, and the A1/B4C interfaces for the composites. Increasing the volume fraction of B4C particles in the composite decreases its corrosion resistance of Al-B4C composites.

Jan 1, 2011

By Jérôme Girard, Shiu Kam, Sue Longo

"Historically, tailings management in a northern climate has involved the deposition of tailings into the Tailings Management Area (TMA) as conventional slurry. This type of system is obviously viable but presents challenges that are difficult to manage as circumstances change over the life of mine. These issues can include:? Increases in mill throughput, and? Life of the TMA for the life of mine.This case study will present how thickened, high-density, non-segregating tailings are used as an alternative to conventional slurry disposal to achieve greater storage capacity and enhanced environmental performance for a gold tailings facility in a northern climate. This paper will focus on how this change in deposition strategy accommodated the increased throughput of the mill and the increased life of mine. Specifically, the paper will discuss the addition and integration of new processes to the exiting mill system to accommodate the tailings management issues. It will highlight the challenges from laboratory testing to pre-feasibility to the engineered design of the thickened tailings system implemented at Musselwhite Mine.BACKGROUNDGoldcorp Canada’s Musselwhite Mine, in Northwestern Ontario (120 km north of Pickle Lake), is an underground gold mining operation that began production in 1997. The current mill throughput is about 4000 tpd (1.4 Mtpa). Gold extraction is based on a CIP process with cyanide destruction.The existing tailings management area (TMA) is located about 2 km southwest of the mill complex. The TMA is contained by high ground to the north and to the west and flanged by a moraine ridge along the south side. A number of dams have been constructed along this ridge. The dams were first built in 1996 and subsequently raised in 2000 and again in 2005. Excess tailings pond water is discharged to a polishing pond then released to the environment via a wetland.The TMA was originally designed to contain 13.7 Mt of tailings under a ponded surface for closure. The water cover was to inhibit adverse long-term environmental effects because the tailings contain pyrrhotite and other sulphide-bearing minerals that are potentially acid generating. The design was modified during Stage 3 Construction in 2005 to expand the storage capacity to 17.3 Mt (Golder, 2005). As of end of 2009, over 16 Mt of tailings had been deposited in the TMA. The slurried tailings were historically deposited at 50% solids."

Jan 1, 2011