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Full-Text Articles in Mining Engineering

Luck & Skill: Black Swans & Machiavelli's Ideas On Power, Fortune, Virtu, Thomas W. Camm Feb 2017

Luck & Skill: Black Swans & Machiavelli's Ideas On Power, Fortune, Virtu, Thomas W. Camm

Mining Engineering

We hear all the time about the value of hard work and perseverance, and the part they play in the professional life of successful people. What we do not hear so much about are the many professionals who work hard and persevere, yet never seem to quite reach the level of success they aim for. Some current authors are beginning to give more attention to the part luck/black swans/outliers play in success. This is not a new phenomenon, Machiavelli had a lot to say about it back in the Renaissance. So how can knowledge of this dynamic help in a …


All-In Sustaining Cost Analysis: Pros And Cons, Asseu Gilbert Yapo, Thomas W. Camm Feb 2017

All-In Sustaining Cost Analysis: Pros And Cons, Asseu Gilbert Yapo, Thomas W. Camm

Mining Engineering

All-in sustaining cost is a metric used by mining companies to reflect the cost of gold mining in a consistent format useful to both investors and mining professionals. Cost reporting focused on the direct cost of mining and processing ore was summarized in the non-GAAP cash cost developed by the Gold Institute in 1996. In 2013, a group of mining companies, working with the World Gold Council, developed a more inclusive approach to reporting costs designed to solve the dilemma of showing a more comprehensive reflection of recurring costs involved in producing gold, without discouraging investors.


Managing Engineering Talent: Unique Challenges To Optimize The Best And Brightest, Thomas W. Camm, J. C. Johnson Feb 2017

Managing Engineering Talent: Unique Challenges To Optimize The Best And Brightest, Thomas W. Camm, J. C. Johnson

Mining Engineering

Most engineers are bright, hard-working, reliable, and prefer to avoid conflict. An engineering curriculum tends to self-select these characteristics. By most standards, you would expect workers exhibiting these traits to require minimal supervision. But is this true? Is this how most current engineering managers lead? Looking at some current theories on leadership combined with personal anecdotes, this presentation will look at some common misconceptions about leading engineers.


Embrace The Unknown: Stop Saying “It’S Too Hard” And Start Embracing Uncertainty In Your Mine Plans, C. Roos Feb 2017

Embrace The Unknown: Stop Saying “It’S Too Hard” And Start Embracing Uncertainty In Your Mine Plans, C. Roos

Mining Engineering

Nearly every input to a mine plan is based on an estimate. The estimates may be from sample data, historical information, models, or personal opinion, but in all cases, these values are simply expected values (means). In real life, we do not get to iterate the exact conditions at our mining operation many times to ensure that that average value is attained. The expected value also tells us nothing about the spread of values that that input might take on. The result is a significant amount of unquantified uncertainty in our mine plans. Unfortunately, it is often too expensive or …


Evaluation & Selection Of Novel Surveying Systems For Use In Surface Coal Mining, M. Drake, C. Roos, P. Conrad, T. Stack Feb 2017

Evaluation & Selection Of Novel Surveying Systems For Use In Surface Coal Mining, M. Drake, C. Roos, P. Conrad, T. Stack

Mining Engineering

This paper presents the evaluation Montana Tech completed for the Western Energy Company Rosebud Mine relating to the benefits of survey data collected using novel technologies over traditional methods for topographic surveys. These technologies include Unmanned Aircraft Systems (UAS), photogrammetry, and laser scanning/LIDAR. Utilizing these technologies, large areas such as reclamation areas and cast blasts can be surveyed in a timely manner for use by the mining operation. The areas that were evaluated were the improvements in the safety of employees and the time required to collect data. In addition, there is also a potential cost savings for the operation, …


Determine The Potential Drill Utilization Improvements And Rock Fragmentation Requirements Using Directional Drilling In A Coal Mining Overburden Highwall Application, K. D. Dill, S. D. Rosenthal Feb 2017

Determine The Potential Drill Utilization Improvements And Rock Fragmentation Requirements Using Directional Drilling In A Coal Mining Overburden Highwall Application, K. D. Dill, S. D. Rosenthal

Mining Engineering

This project analyzed the efficiency of incorporating the use of directional drilling technology into coal overburden blasting. Directional drilling is currently in use in the petroleum industry and it is believed that it will be a valuable asset in the mining industry. This project has shown that directional drilling can be a viable technology for use in the coal overburden removal process resulting in increased drill utilization and potential for cost savings. Future work regarding blasting and geotechnical evaluation should be performed to solidify the concept.