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The parameters to calculate the RMR value are similar to those used in the RMR system of Bieniawski. This may be confusing, as some of the parameters in the MRMR system are modified, such as the condition parameter that includes groundwater presence and pressure in the MRMR system whereas groundwater is a separate parameter in the RMR system of ...
A proven mineral reserve is the economically mineable part of a Measured Mineral Resource demonstrated by at least a Preliminary Feasibility Study. This Study must include adequate information on mining, processing, metallurgical, economic, and other relevant factors that demonstrate, at the time of reporting, that economic extraction is justified.
A higher hashrate signifies a stronger and more secure blockchain network. Increased computational power dedicated to mining operations acts as a defense mechanism, making it more challenging for malicious entities to disrupt network operations. It serves as a barrier against potential attacks, particularly the significant concern of a 51% ...
The units of a stripping ratio can vary between mine types. For example, in coal mining the stripping ratio is commonly referred to as volume/weight. [3], whereas in metal mining, stripping ratio is unitless and is expressed as weight/weight. [2] A stripping ratio can be expressed as a ratio or as a number.
Instructions per second (IPS) is a measure of a computer's processor speed. For complex instruction set computers (CISCs), different instructions take different amounts of time, so the value measured depends on the instruction mix; even for comparing processors in the same family the IPS measurement can be problematic.
A drum hoist (steel wire rope visible) and motor. In underground mining a hoist or winder [1] is used to raise and lower conveyances within the mine shaft.Modern hoists are normally powered using electric motors, historically with direct current drives utilizing Ward Leonard control machines and later solid-state converters (), although modern large hoists use alternating current drives that ...
Automated mining involves the removal of human labor from the mining process. [1] The mining industry is in the transition towards automation . It can still require a large amount of human capital , particularly in the developing world where labor costs are low so there is less incentive to increase efficiency.
Net Smelter Return (NSR) is the net revenue that the owner of a mining property receives from the sale of the mine's metal/non metal products less transportation and refining costs. As a royalty it refers to the fraction of net smelter return that a mine operator is obligated to pay the owner of the royalty agreement. The royalty is paid in ...