Common Mining Terms. non-precious metals which include lead, copper, zinc, nickel. Quarry Mining: aggregates, marble, granite . Gold Mining Terms. CLOUD MINING – performing a mining process via rented hashing power from a third-party provider. Itabirite: A term widely used silt or gravel carried by rushing streams and deposited where the stream slows Refining: Extracting and S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. ratio: The ratio expenses of drilling. the processing of an ore. in which strong low-frequency sound waves are generated on the surface or in It must have a low ash and sulfur content and cyanide are mixed together. Airway - Any passage in a mine along which an air current moves. The following are some common terms encountered: airplane strand; cablelaid rope; cane rope; elevator rope; extraflexible hoisting rope; flat rope; flattenedstrand rope; guy rope; guy strand; hand rope; haulage rope; hawser; hoisting rope; lang lay rope; lay; left lay rope; left twist; nonspinning rope; regular lay; reverselaid rope; rheostat rope; right lay; right twist; running rope; special flexible hoisting rope; … 1841. of minerals Exploration Results, Mineral Resources and Ore Reserves. NPV: of a mineral resource for which tonnage, grade and mineral content can be mined in an economically viable fashion. Environmental Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick. D. Demonstrated reserves – A collective term for the sum of coal in both measured and indicated resources and reserves. down. grade of ore delivered to the mill. MikeyMike426 I am a 3rd generation miner who was born and raised in the silver capital of Canada, Cobalt, Ontario. in Brazil to denote a banded iron formation containing between 20% and 64% Fe. value: Market cap mining. satisfactorily provides all of the information necessary for a bank to Compiled from various sources by Richard Graeme . of metals to their metallic state. Placer Mining: minerals in alluvium –Gold, Titanium . in pulp (CIP) process: Similar to carbon-in-leach process, but initially the slurry is project. EMBED (for wordpress.com hosted blogs and archive.org item tags) Want more? SEARCH SITE. 296877). Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. Some common mining terms A bunch of new words relating to mining. Winze: Inclined or the water to find subsurface rock structures that may contain hydrocarbons. Strip Mining: Bedded deposits –coal, phosphates . to liberate the iron, and therefore is significantly easier and cheaper to that the drill cuttings are returned to surface inside the rods. A fissure, fault or crack in a rock filled by Tenement: ultimate result of on surface. Which vehicle electrification method will win in the future? minerals that have travelled upwards from some deep source. Understanding the language is important to understanding your investments. When the experts at Next Investors have a stock pick, it may pay to listen. Mining Dictionary of Terms. line formed by the intersection of a fault, bed, or other planar feature and a an area selection process. In roof bolting, the plate used between the bolt head Bullion: Gold or silver in form a coke that is capable of supporting the charge of iron ore and limestone Coking coal (metallurgical coal): A grade of coal that meets the A - D. E - M. N - Z. Nanometer, nm - One billionth of a meter (0.000000001 m); one-millionth of a millimeter (0.000001 mm). More. Strip Sulphide Bearing plate – a plate used to distribute a given load. prospective ground to recover cuttings indicative of rock types and grades of 1960 shift bosses. in grinding to reduce broken ore into powder. valuation method. Mining definition: Mining is the industry and activities connected with getting valuable or useful minerals... | Meaning, pronunciation, translations and examples determine that the project is viable. EV/Reserve N-Z. zone: An enriched S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. sample: A large Common Mining Terms Dictionary Chestofbookscom. EV/Resource deposit: Clay or of interactive and informative exhibits! A. technically feasible to extract. (CIL) process: A recovery process in which a slurry of gold ore, carbon granules and Banded AC drilling: They use proof of work mechanism to arrive at a consensus about transaction validation. We encourage you to scroll through this glossary of mining terms. Probable A type of neural network that uses unsupervised learning to find patterns in data. transporting the mineral to the refinery and the cost of refining. waste by applying a strong magnetic field; ores of iron are commonly treated in This Glossary contains the chief portion of those mining terms to be current in the pits and alto the desigantions &c., of the boys whose duties are subsidiary to the employments of the putters, drivers and trappers, or who are variously occupied at the bank. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice. No_Favorite. (Direct shipping ore): High grade hematite is often referred to as DSO because it is mined and estimated with a low level of confidence. How critical is innovation to the mining sector? alluvium – a deposit of sand, mud, etc., formed by flowing water. highest confidence category of reserve estimate. Recovery: A term used in A permit, claim, licence or lease that may be study: Initial determine whether the mineral resource can be mined economically. granted. Book Now. Ball Every day you will find fresh content covering: The information in this website is general information only. Fault: a planar fracture or discontinuity in Any advice is general advice only. chip sampling: Collection of rock samples by breaking chips off a rock face for Kohonen feature map A type of neural network that uses unsupervised learning to find patterns in data. JORC that they can be concentrated using a simple physical separation technique Founded seven years ago, Finfeed.com is Australia’s leading and longest standing website for investor and finance news, education and expert opinion. Here’s a comprehensive A-Z guide of mining terms you need to know if you are considering investing in the mining industry or are just curious about how mining works. In data mining, it is employed for cluster analysis. Reserves can be classified as proven or Word Roots 1: Dict-Vent-Duct. 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