💥 Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

Mining 101: Understanding sulphide and oxide and ores

Published 08/11/2023, 12:00 am
© Reuters.  Mining 101: Understanding sulphide and oxide and ores
XAU/USD
-

In the intricate world of mineralogy, the distinction between sulphide and oxide ores is a fundamental one, with each type offering unique challenges and opportunities for extraction and processing.

Understanding these differences is crucial for investors and industry professionals alike, as the method of mining and processing can significantly affect the economics of a project.

Sulphide ores, as their name suggests, contain minerals composed of sulfur and metal, such as pyrite (FeS2), chalcopyrite (CuFeS2), and galena (PbS).

These minerals are typically entombed deep within the Earth’s crust, necessitating sophisticated underground mining operations to extract them. This mining approach is often more expensive and complex than surface mining due to the depth at which these ores are found, as well as the need for extensive infrastructure and stringent safety protocols.

Economic advantage

The economic advantage of sulphide ores lies in their amenability to concentration through flotation – a process whereby crushed ore is mixed with water to create a slurry.

When agitated, chemicals are introduced which cause the sulphide minerals to become hydrophobic (water-repelling) and attach to air bubbles.

These bubbles float to the surface, carrying the sulphide minerals with them, where they can be collected as a concentrated froth. The remaining rock and mineral particles, which are hydrophilic (water-attracting), sink and are discarded as tailings.

This physical separation technique is relatively straightforward and cost-effective, enabling miners to increase the grade of the ore before it undergoes further processing.

Nearer surface

In contrast, oxide ores consist of metal oxides – compounds in which a metal is combined with oxygen. These ores are often located closer to the surface and can be accessed via open-pit mining.

Oxide ores such as hematite (Fe2O3), cuprite (Cu2O), and bauxite (Al2O3) can be processed through leaching, where the ore is treated with chemicals that dissolve the desired metals; the resultant solution is then treated to precipitate the metal from the liquid.

This process is typically less expensive than the processing required for sulphide ores, given the more straightforward nature of leaching as opposed to flotation and smelting.

Refractory ores present a particular challenge in mineral processing. These are ores that contain gold and other precious metals in a form that is not easily amenable to extraction by conventional leaching techniques.

The gold in refractory ores is often locked within sulphide minerals, or it may be present as fine particles 'invisible' to the naked eye. The presence of organic carbon, certain clays, or minerals that naturally absorb gold can also make these ores refractory.

Refractory ores

Processing refractory ores often requires pre-treatment steps such as roasting, pressure oxidation, or bioleaching to alter the chemical state of the ore and liberate the gold for recovery.

These methods can be more costly and technically challenging, but they are essential for accessing the valuable metals within these stubborn ores.

The delineation between sulphide and oxide ores, and the presence of refractory ores, have significant implications for the mining industry. Each ore type demands tailored approaches for extraction and processing, impacting project viability, environmental considerations, and potential profits.

Investors and stakeholders must be cognizant of these differences and the technological, economic, and environmental factors at play to make informed decisions in the dynamic and evolving sector of mineral extraction.

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.