Neil Ringdahl Profile picture
Nov 23 20 tweets 10 min read
#Mining with Electric machines: A modern miracle to save the environment or a pipe dream? 🧵
I'll discuss both open pit & underground apps.
For 60yrs, engineers have been innovating electric mining machines b/c they're cheaper. An electric dragline moves 60t each swing.😳1/
These monsters are so huge, a ship's diesel engines don't cut it. Way before I was even born, the clever guys worked out its cheaper -on a per-tonne basis- to use electric motors connected to the grid. They work well and are excellent in soft-rock stripping operations. 2/
Mining is about LOGISTICS of moving large masses of material to expose what is valuable & then move the valuable material to extract the metal. All this movement requires a LOT of energy.👇If you have ever dug your own swimming pool, you understand.😏 3/
It may come as a surprise to you, but most of these huge off-highway trucks have been running ELECTRIC DRIVES for at least 50 yrs now. Its because a mechanical drive is more energy INEFFICIENT than electrical drive system. Its about the number of moving parts (detail👇). /4
Sadly, engineers have for YEARS not been able to get away from diesel drives operating these electrical systems b/c its simply the most reliable way to generate power on a mobile machine like a truck. I'll get to H2 & batteries later. /5
Why are off-highway trucks with only mechanical drives (like the Cat 789) sometimes still used? It can be argued they r more robust & reliable over the operating life which is about 18-25,000 hrs. Higher fuel cost, w/ lower parts consumption sometimes still makes them cheaper. /6
Now the whole greening movement has got people considering battery or hydrogen operated trucks using new technologies. Great stuff & there are many examples, incl. this one below. Unfortunately, it still has an Archilles heel. bit.ly/3F4Oxdv /7
The challenge is in the scale RQD: You can't get batteries big enough to deliver the power required to move huge payloads for 19 HOURS PER DAY, EVERYDAY. Even @elonmusk 's teams have battled to go bigger to 18 wheelers👉 bit.ly/3gyfNHx /8
So we find ourselves lacking the technology to go bigger on batteries; perhaps there is more promise in using hydrogen instead of diesel? Anglo are running an interesting prototype👇👉bit.ly/3ABaxKkbut it has yet to demonstrate tangible results. /9
Colour me a cynic if you like, but I have always had a keen interest in testing new mining tech & we burnt our fingers doing so too, on this very mine about 22yrs ago (recall my Friday mayhem post from a couple of weeks back)! This is not to say we shouldn't keep trying!; /10
Just the % of success of new ideas is very, very low and we should be careful not to fall into the trap over committing to something that is still impossible.
So what does work? Well I can tell you that trolley-assist 👇has been used with some success for well over 40yrs /11
Trolley assist is a pain to install & operate in an open pit but it might make one of these new power systems more viable. Yet it's still doubtful to me whether any combination of these would be more cost effective for many years to come or at all viable over a life of mine. /12
My personal thought on the battery or hydrogen solutions is that they HAVE to be able work on their OWN, without being connected to a hybrid (which might then make them more economic), but until the tech is tested and stands proven its own, it'll never take off. /13
What about shovels, excavators & loaders? The good news is most shovels already are widely operated using pure grid power& r cheaper than their diesel alternatives, provided grid power is still reasonable!😄 Excavators are mostly diesel b/c they're standing on broken material,/14
On the left we have a large diesel driven excavator (reverse bucket) on the right a diesel wheel loader working with a diesel truck with mechanical drive. This type of equipment is typical for remote sites with no grid power, but also for practical reasons./15
Underground trucks have exactly the same challenges as open pit trucks and operate in harsher conditions, but b/c they are smaller will more likely benefit from better battery technology first. This is offset by the smaller scale making the cost differential way less impactful/16
Scoops or LHD's are generally diesel operated but some mines with fixed LHD routes (like a block cave) are able to use a electric LHD with a trailing cable connected to the grid. These cables can be a real pain, often get damaged etc, but they do work okay. /17
Battery operated scoops are also available and used especially when the scale is smaller, (where batteries can last a bit longer). Where batteries really work well is on small electric locomotives under ground where they have been used for years and years. /18
So, until batteries are able to produce >1MW for >19/day and weigh less than 20tonnes, I'm afraid your dreams of saving the planet by mining green are just that pipe dreams. Sorry.😄
But, what about the smaller UG stuff? /19
Its a case of economics: The smaller equipment can work with batteries but you'll need double the No. of machines with all the congestion issues that come with it.

But in time - who knows- perhaps we will innovate a new nuclear power drive train & all our issues b solved./end

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More from @NeilRingdahl

Oct 23
The DANGERS of spreadsheet mining. A🧵

Some of you may have been following the $AUN debacle, a good e.g. when the Lassonde curve goes south. 😬

I will discuss a few important technical flaws in the Aurcana investment thesis. /1
A couple of things in the 2022 Feasibility study Mineral Reserve Estimate immediately jump out.
1- The reserve is small
2- The min. mining width is crazy
3- The dilution No.'s seem too precise

One thing mining is not is precise. It can be accurate, but that's a different thing/2
Let's learn all about this mining method from $AUN. Below are excerpts from the FS tech report with my comments in red.
A (nice) investor video of the mine explains the resue method quite well by the then COO during minutes 16:41-23:33.

/3
Read 11 tweets
May 17
1) Thread: From Drilling to Open Pit Optimization For Dummies.
Imagine you have project and hire a truly great geologist who has drilled some fantastic looking sections based on a small surface anomaly he found from a surface geochem sampling program. Image
2) Your geologist (lets call him George) tells you its a pipe-like copper skarn, vertical in nature about 50m wide and open at depth that he interprets (a key word here) in section in this pic below. (We will keep things simple by staying in only two dimensions X & Y). Image
3) Your drill results come back and your copper values are amazing. The consultants concur with George's interp, and then create a 3D grid over of blocks over it, each block being approximately equal to a the minimum mining unit size, which for open pit would be about 10x10x10m. Image
Read 19 tweets
Mar 28
1/11 $REG REVIEW Thread: - I'm a hopeful shareholder, underwater🙄for 3yrs now. Bought it at 1.65 - yeah crazy I know. Here's a review & why I'm still in. The pic below says it in 1000 words.
2/11 Probably the most important point is the property is and in particular the resource is part and the same of an adjacent operating mine, Tantahuatay, which is 40.1% owned by Buenaventura (the operators), 44.2% by Southern Copper & 15.7% by Regal Ware Inc. out of the USA.
3/11 Tantahuatay is a sweet oxide OP mine hitting the oxide cap above a huge porphyry & produced 110koz Au & 2.1Moz Ag last year. However this year production is F/casted to be 77koz Au as they start to get into the sulphides which cannot yet be processed.
Read 11 tweets
Jan 27
1/8 Oh my Gatos THREAD: $GATO got hit so hard today! -69% 😵A potential 30-50% reduction in MRMR tends to do that. Kudo's to them for disclosing all the bad. This is legally required but many don't. In figuring out HOW/WHY while we wait for the formal explanation in H2, I noticed
2/8 a cross section in the tech report showing the block model vs. drill composites, that the grades may bottom loaded in the veins; or veins were modeled wider than they actually are or, the block model extended beyond where it should have.
3/8 The impact of this could be the reason for the overestimation of block volumes. Or it could have been the digitizing/interpretation of the wireframe boundary that was too relaxed. These things can all result in overestimation of MRE tonnes.
Read 8 tweets
Jan 18
1/9Thread: WHAT TO LOOK FOR ON YOUR NEXT SITE VISIT to any open pit mine: Floor conditions & big rocks. If the floors r not smooth, level & clean -like tabletop- then the trucks will be less productive &mining cost higher than average. The Big rocks are the 1st sign of of trouble
2/9 Looking up from below at that lower bench in the prev. pic you can see a lot big rocks have been pushed over the edge of the bench. While this immediately postpones the problem, the No. of big rocks on each bench increases as the pit deepens, ↘️ decreasing productivity.
3/9 Here, on another bench you can see how big rocks affecting productivity. The guys are drilling off a blast pattern on the left, and truck access hampered on loading bench below, making loading & hauling complicated and very expensive.
Read 9 tweets
Aug 26, 2021
$Fil Filo Review/Thread No.1
1/ 1 needs to spend time on the data, reading background reports, looking at plans etc. & I have been doing this while waiting for a couple of answers from the Co. on its dataset available on the website. Nothing major, just a couple of questions on Image
2/the differences between the RC & DDH drill survey data. If I have wonkey survey data, or bring the data in wrong, I'll get wrong sample positions, which would lead to wrong models &designs➡️different economic outcomes &then we know it could all end in tears➡️ not good.😁
3/ So while we wait its a good time to review the PFS report by Ausenco. Very nicely presented, clear & professional it answered some of my initial doubts about water & land/sovereign risk. Need to spend more time on the Chilean vs Argentinian laws & its impact on a mine ImageImageImage
Read 12 tweets

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