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MINING ENGINERING II
01 MINE EVALUATION
161) The Philippine coal mining industry ha declined since the 1980’s
mainly because:
a) The market has declined
b) Government incentives are inadequate
c) It has not been able to compete against cheaper imported coal
d) None of these
162) Which of the following assumptions in a feasibility study can be
ultimately lead to failure during project implementation?
a) Conservative estimate of metal prices
b) Underestimate of capital costs
c) Conservative estimate ore grade
d) None o these
163) What is a sensitivity analysis in a mining project feasibility study?
a) Analysis of the cycle of metal prices through a certain period
b) Detailed analysis of costs
c) Detailed analysis of the mining sequence
d) None of these
164) Which of the following is added back to the net profits to
determine the total cash floe given year in a mining operation?
a) Administrative costs
b) Duties and taxes
c) Depreciation
d) Manila Overhead
165) What distinguishes an ore deposit from a mineral deposit
a) Geology
b) Size
c) Economic viability
d) Mining method
166) What is the measure of project viability that considers the
project’s overall value to the national economy, not just to the
corporation, and thus uses shadow foreign exchange rates and
shadow pricing?
a) Financial internal rate of return
b) Economic internal rate of return
c) Net present value
d) Pay-back
167) Which of the following is disincentive to the mining industry?
a) Tax holidays
b) Accelerated depreciation
c) Export tax
d) None of these
168) Which of the following operations is most sensitive to power
rates?
a) Limestone quarry
b) Electronic component manufacturing plant
c) Copper mine/concentration
d) Small scale gold mine
169) What is the most common method of financing a mining project?
a) Debt
b) Equity
c) Debt and equity
d) None of these
170) How the pre-production are costs other than the cost of fixed
assets particularly exploration and development costs treated in a
mining feasibility study?
a) Considered as operating cost to be recovered during the first year of
operation
b) Considered as deferred costs to be spread out over the life of the
mine
c) Considered exactly like the fixed assets
d) None of these
171) How would a peso devaluation impact on a mine that has no
foreign debt export all its products and whose operating costs are
mainly peso costs?
a) Negatively
b) Positively
c) No impact
d) None of these
172) The geology of a deposit which is not viable today:
a) It provides the basis for future reserve expansion
b) It helps in planning mining operations
c) It helps in mine operational control
d) All of these
173) A mineral deposit which is not viable today:
a) Will never be viable later because minerals do not grow
b) May become viable later because of much higher metal prices
c) Will only become viable if a nearby higher grade deposit is
discovered
d) Will only become viable if there are government incentives
174) Which of the following is a cash cost?
a) Marketing
b) Makati Overhead
c) Mine Overhead
d) All of these
175) The ultimate purpose of a feasibility study is to:
a) Determine the technical and economic viability of a project
b) Push up share prices in the stock market
c) Make the stockholders happy
d) All of these
176) When determining the total cash flow from operations during the
year, depreciation is:
a) Subtracted from net income
b) Added to the net income
c) Disregarded
d) None of these
177) Which of the following is an incentive to the metal mining
industry?
a) Frequent changes in government policies
b) Corrupt bureaucracy
c) Export taxes
d) None of these
178) Which of the following would impact negatively on the feasibility
of an open pit copper mine?
a) too flat pit slope
b) prohibitive waste-to-ore ratio
c) very stringent environmental regulations
d) all of these
179) Which of the following would impact positively on the feasibility of
a gold mine?
a) Reserve depletion
b) Stringent environmental regulations
c) Imposition of additional taxes by local government units
d) High gold prices
180) Which of the following mining operations would be least sensitive
to the transportation cost of the final product?
a) Limestone quarry
b) Coal mine
c) Copper mine
d) Gold mine
181) Which of the following operations would not be sensitive to
electric power rates?
a) A small scale gold operations in Diwalwal
b) A copper smelter
c) A coal mine using electric an electric driven bucket wheel excavator
d) All of these
182) Which of the following will be very sensitive to interest rates?
a) A small scale gold mine financed solely by the owner
b) A straight shipping copper mine financed by 100% equity
c) A copper mine with a 75:25 debt-to-equity ratio
d) None of these
183) Which of the following costs excludes the inland transport cost of
imported supplies?
a) FOB
b) C&F
c) CIF
d) All of these
184) Which of the following costs exclude freight
a) FOB
b) C&F
c) CIF
d) None of these
185) Which of the following should be include in the mine operating
cost and not a fixed asset to be depreciated over time?
a) Cost of hand shovels
b) Cost of a trolley locomotive
c) Cost of mine hoist
d) None of these
186) Mine design can be done by hand or by using a Computer aide
Design (CAD) system. CAD is extensively used because:
a) It can be substitute for management decisions
b) It is the in “thing in the industry
c) It automatically corrects wrong data
d) It facilitate the designing process
187) The programs or the instructions that enable the computer to do it
work are collectively called:
a) Hardware
b) Network
c) Software
d) Internet
232) It refers to the rate worth of an asset at the end of its economic
life:
a) Acquisition value
b) Salvage value
c) Depreciated value
d) Par value
e) Face value
233) The compensation of an exhaustible resource to produce products
or services is called:
a) Exhaustion
b) Depreciation
c) Exploration cost
d) Resource replenishment
e) Depletion
234) A 4-D optimization software in mine planning produces which the
following?
a) Economic analyses such as DCF-ROI, payback period, etc
b) All of the above
c) Stripping ratio
d) Mineable reserve
e) Crude pit design
235) Under the New Mining Code, FTAA’s are negotiated by the DENR
but who is the approving authority?
a) Congress of the Philippines
b) The President
c) MGB Director
d) Philippine Senate
e) DENR Secretary
236) Benguet-Dizon Copper Mine was shutdown last year mainly due to
what reason?
a) Lahar
b) Cultural minorities (the Aetas) took over the mining area
c) Labor strike
d) Refusal of Mr. Gordon to return over Subic
e) Depletion of ore reserve mineable by open pit
237) If Ρ 6,500 will be needed after five (5) years, how much should be
invested now if the interest rate is 7.5%per annum compounded
annually?
a) Ρ 1 ,000.00
b) Ρ 4532.63
c) Ρ 4062.50
d) Ρ 4527.63
e) Ρ 4067.50
238) In top mine management organizations, what does COO stands
for?
a) Chief steward of the environment
b) Chief overseer of operations
c) Chief head of DGO
d) Chief operating officer
e) None of these
318) Semirara Coal Corporation supplies coal to NPC plants on the basis
of import parity (delivered price plus tariff) on an equivalent BTU
basis. If NPC can buy imported coal of 10000 BTU per pound at 20 US
dollars per ton delivered and pays a tariff of 10% on the FOB price of
15 US dollars per ton, how much will SCC have to produce and deliver
its 8000 BTU per pound coal to break-even, assuming an exchange
rate of 40 pesos to one US dollar?
a) 704 pesos per ton
b) 640 pesos per ton
c) 688 pesos per ton
d) 800 pesos per ton
319) Which island in the Philippines is the largest product of coal?
a) Cebu
b) Semirara
c) Luzon
d) Mindanao
320) The IPRA law was passed mainly to:
a) Provide jobs for NGOs
b) Provide jobs for indigenous people
c) Promote the rights of indigenous people
d) Prevent mining in tribal lands
321) Which of the following is hardware?
a) Printer
b) Monitor
c) All of these
d) Keyboard
322) To be globally competitive the Filipino mining engineer must strive
as possible to be:
a) Sensitive to foreign cultural differences
b) All of these
c) Technically competent
d) Proficient in English
e) Computer literate
323) Some top mining executives are so busy that they only read the
Executive Summary of a Feasibility Study. What should be contained
in the Executive Summary as a minimum?
a) Brief introduction
b) Essential conclusions and recommendations
c) Brief geology of deposit
d) Brief historical background
324) The collection of networks and computers all over the world which
share information through agreed protocols is known as:
a) Multimedia
b) Internet
c) Page
d) Server
325) What is the study that can be submitted to support a loan
application?
a) Pre-feasibility study
b) Bankable feasibility study
c) Technical feasibility study
d) Cost estimate
326) One popular software that has been developed to help mine
operators compile and analyze volumes of data generated through
the life of a mining project is called GIS. What does this stand for?
a) Geologic Information System
b) Geographic Information System
c) None of these
d) Geologic Information Service
327) What is meant by the privatization of PASAR?
a) Sale of government interests
b) Sale of the interests of the Filipino mining companies
c) Sale of the foreign interests
d) All of these
328) What is the common term for highly-intensive hand-gut mining in
the Philippines?
a) Glory-hole mining
b) Camote mining
c) Underhand mining
d) None of these
329) A well-managed mine is one that
a) Does all of these
b) Complies with environmental/safety rules
c) Pays fair wages for its workers
d) Makes maximum profits for the stockholders
e) Does none of these
330) How many long tons are there in a short ton?
a) 0.89
b) 2.22
c) 0.91
d) 1.10
331) Formerly low grade non-commercial gold deposits have become
viable in spite of lower gold prices mainly because of
a) None o these
b) Technological advances
c) Government intervention
d) Increase of gold inventory
332) What is the main document that needs to be submitted and
approval prior to the issuance of an Environmental Compliance
Certificate in an environmentally-critical area?
a) Environmental Impact Statement
b) Concession Application
c) Project Description
d) None of these
333) Under the Philippine Mining Act of 1995, what do you call entities
allowed to hold Exploration Permits, Mineral Agreements, and
Financial or Technical Assistance Agreements?
a) Juridical persons
b) Philippine Corporations
c) Qualified Persons
d) Foreign-owned corporations
334) A locally-assembled computer without a name is usually called:
a) All of these
b) None of these
c) A compatible
d) A clone
335) Which of the following minerals is more likely to be found in very
arid regions?
a) Coal
b) Limestone
c) None of these
d) Salt domes
336) What is the most recent development in the fast changing
computer industry?
a) The personal computer revolution
b) None of these
c) the internet revolution
d) Microprocessor development
337) The responsibility of a mine manager is to
a) Minimize adverse environmental impact of operations
b) Operate the mine at the least cost
c) Operate the mine safely
d) Produce ore of desired volume as scheduled
e) All of these
338) Who are the stakeholders in a mine?
a) Investors
b) Employees
c) All of these
d) Creditors
e) Suppliers
339) Engineering design for mining can be done by hand or by using a
Computer Aided Design (CAD) system. CAD is extensively used
because
a) It facilitates the designing process
b) It automatically corrects wrong data
c) It is the “in” thing in the industry
d) It can substitute for management decisions
340) Which of the following has a negative impact on the viability of a
mining project?
a) Sponsor’s good reputation
b) Product has well-developed market
c) Low production costs
d) Short construction period
e) None of these
341) What is the arrangement were the companies worldwide with
complementary expertise and/or areas of strength team up for a
common objective with each company still retaining its separate
identity?
a) Merger
b) Strategic alliance
c) Buy- out
d) Acquisition
342) What do you call a deposit that can be at a profit?
a) Mineral deposit
b) Mineral resource
c) All of these
d) Ore deposit
351) Which of the following coal ranks has the highest moisture
content?
a) Bituminous
b) Lignite
c) Sub-bituminous
d) Anthracite
352) Aside from men, materials, money, which all engineers need to
control, name the one very important but uncontrollable factor which
mining engineers need to take into consideration.
a) Geology of the mine
b) None of these
c) Administrative costs
d) Mining technology
353) The heating value of a certain coal deposit with moisture content
of 20% is 8000 BTU per pound on an as received basis. What is the
heating value of said coal on a moisture-free basis?
a) 6400
b) none of these
c) 9600
d) 10000
354) Wind turbines are now increasingly being used for power
generation, with the generating capacity directly proportional to the
cube of the wind speed. By what percentage will the capacity
increase with a 10% increase in wind speed?
a) 3%
b) 1000%
c) 33%
d) 30%
355) The most effective mine manager is one who
a) Can inspire others to get things done
b) Can intimidate others to get things done
c) Is the most technically competent
d) Can do everything himself
356) What environmental issues should the manager of an open pit
copper mine be concerned about?
a) Effluent from operations
b) Mine waste disposal
c) All of these
d) Tailings disposal
357) Even after an orebody has been mined for several years, the
reserves may increase because of:
a) New technology resulting to lower costs
b) Increase in metal prices
c) All of these
d) Positive results of additional exploration
358) In mining project where you expect to use flotation in the
concentrator, where will you expect maximum recovery?
a) The complex zone where copper is associated with zinc and lead.
b) The oxidized zone
c) None of these
d) The purely copper sulfide zone.
400) A serious mine accident has just occurred in a mine close to your
residence trapping several people and you are in a position to help
because you ounce worked in the mine as head of its mine rescue
team. What will you do?
a) Go into the accident area as soon as possible to see what you can do
to help
b) Check first your insurance coverage
c) Leave the mine accident to the mine management as it is one of your
business
d) Find out first how much you will be paid or your services
401) A locally-assembled computer without a name is usually called:
a) None of these
b) A clone
c) A compatible
d) All of these
402) Limestone is of ten used in coal-fired power plant operations to
eliminate, or reduce, emissions of sulfur oxides. The resulting
reaction results in the production of
a) Hydrocarbons
b) ash
c) None of these
d) Synthetic gypsum
403) The feasibility of an open pit metal mine is dependent on
a) Grade
b) Stripping ratio
c) All of these
d) Metal prices
404) Carbon dioxide is one of the greenhouse gases which, when
released to the atmosphere, causes global warming. Which of the
following activities in a mining area will help minimize global
warming
a) Reclamation of mined out areas
b) None of these
c) Containment of tailings
d) Reforestation
405) Which of the following has a positive impact on the copper mining
industry?
a) Increasing replacement of copper by fiber optics in the electricity
sector
b) Increasing use of copper in the computer and electronic sector
c) increasing trend to recycle materials made of copper
d) continuing economic in slump in Japan
406) In what sectors the concept of production sharing involving the
resource developer and the government first introduced in the
Philippines?
a) Forestry
b) Mining
c) Energy development
d) Fisheries
407) Which of the following is not a geophysical method of exploration?
a) None of these
b) Soil sampling survey
c) Gravity survey
d) Seismic survey
e) Magnetic survey
408) What are gases from a coal mine that contribute to global
warming generally called:
a) Poisonous gases
b) Greenhouse gases
c) Deleterious gases
d) Toxic gases
409) What Philippine mining law has the most explicit provisions on
environmental protection?
a) Presidential Decree 463
b) Republic Act 7942
c) None of these
d) Commonwealth Act 137
410) Which of the following is a primary raw material in the
manufacture of bricks?
a) Gabbro
b) Clay
c) Basalt
d) Adobe
411) Big companies involved globally often well known political
analysts as consultants to evaluate country. What do these
consultants fous on?
a) Financial and technical feasibility of projects
b) None of these
c) World metal prices
d) Overall political stability
412) A copper mine delivers 1800 dry short tons of ore with a grade of
1% to the concentrator, which in turn mills ad process it at a
concentration ratio of 30 to 1 producing concentrate at a grade of
25%.What is the mill recovery?
a) 85%
b) 90%
c) 80%
d) 83%
413) In evaluating a mining project, a Monte Carlo technique is often
used
a) Determine the profitability
b) Analyze the risks
c) Estimate the costs
d) Forecast future prices
414) Which of the following operations in a mine contributes to water
pollution if uncontrolled?
a) All of these
b) Acid drainage
c) None of these
d) Tailings disposal
e) Waste disposal
415) Which of the following meridians on the globe, if crossed, enables
a traveler to gain, or lose, one day?
a) None of these
b) Equator
c) Arctic circle
d) Greenwich Meridian
416) What government agency awards coal operating contracts?
a) DOE
b) MGB
c) DENR
d) BOI
417) Evaluating a mineral deposit through drill holes in a grid pattern
would be most applicable in a:
a) Contact metasomatic deposit
b) None of these
c) Disseminated type deposit
d) Vein type irregular deposit
418) What distinguishes an ore deposit from a mineral deposit?
a) Mining method
b) Size
c) Economic viability
d) Geology
419) Computer programming essentially means:
a) All of these
b) Installing a computer
c) Marketing computers
d) Writing and running a computer software
420) What is the carbonaceous solid fossil fuel of even lower rank than
lignite?
a) Anthracite
b) Sub-bituminous coal
c) Bituminous coal
d) Peat
421) In drilling for evaluation purposes, a large hole diameter is usually
preferred because:
a) None of these
b) its cost is lower
c) all of these
d) it leads to higher core recovery
422) What rank of coal can be made into smokeless and colorless
briquette by a simple mechanical process?
a) Anthracite
b) Lignite
c) Sub-bituminous
d) Bituminous
423) What is the apparent thickness of a ten meter thick vertical gold
vein hit by a drill hole inclined at -60 degrees from horizontal?
a) 15 meters
b) 5 meters
c) 17.32 meters
d) 20 meters
424) What is the current trend among mining companies worldwide to
reduce costs and promote efficiency in mining operations,
particularly in specialized operations (such as driving large tunnels)?
a) Hire lower cost workers
b) Send their employees for foreign training and do the specialized
jobs-in-house
c) Contract out the operations to especialized contractors
d) None of these
425) What does the fundamental exploration principle called successive
elimination of risk mean:
a) None of these
b) Doing the most expensive operation first
c) Doing the least cost operations first
d) Doing the least cost operations last
426) In a truck-and-shovel operation, the times for a truck to position
itself at the shovel and be loaded are 0.5 minutes and 3 minutes,
respectively. It then takes the truck 10 minutes to haul the ore,
dump it at the coarse ore bin, and return to the shovel. How many
trucks do you need to keep the shovel busy, with a little waiting time
for the trucks?
a) 3 trucks
b) 5 trucks
c) 4 trucks
d) 6 trucks
427) Which sector of the mining industry will be most adversely
affected by a strict implementation of the Kyoto Protocol?
a) Industrial minerals
b) Coal
c) Base metals
d) Precious metals
428) A copper deposit has been extensively explored by driving tunnels
at levels 1300, 1200, 1100, 1000, the level nomenclature
representing the elevation of the tunnel in meters above sea level. At
each level, the mineralized area and average copper grade has been
delineated and established as follows: L-1300-200000 sq. meters-
1% L-1200-100000 s. meters-0.7%; L-1100-100000 sq. meters-
0.7%; L-1000-50000 sq. meters-0.6%. The outcrop is at elevation
1400 and you decide to exclude the oxidized portion of the deposit
which extends down to 75 meters from the outcrop. What is the
average grade of the unoxidized copper ore body?
a) 0.75%
b) 1.0%
c) 0.8
d) o.6
e) 0.7
429) Which of the following would you consider as the best measure of
the affectivity of a mine’s safety program?
a) Accident frequency rate
b) Number of manhours worked
c) Number of accidents
d) All of these
430) What do coal and diamond have in common chemically?
a) None of these
b) Both need to be mined
c) Both contain carbon
d) Both can expensive
431) What is the main document that needs to be submitted and
approved prior to the issuance of an Environmental Compliance
Certificate in an environmentally-critical area?
a) None of these
b) Project description
c) Environment impact statement
d) Concession application
432) What is a notebook in computer lingo?
a) A laptop computer
b) A desktop computer
c) None of these
d) A palmtop computer
433) Which method of evaluating a mining venture does not consider
the time value of money?
a) Internal rate of return
b) Net present value
c) Accounting rate or return
d) Discounted cash flow
434) Some top mining executives are busy that they only read the
Executive Summary of a Feasibility Study. What should be contained
in the Executive Summary as a minimum?
a) Essential conclusions and recommendations
b) Brief introduction
c) Brief geology of deposit
d) Brief historical background
435) Which of the following countries is NOT a member of APEC?
a) Papua New Guinea
b) Bangladesh
c) Vietnam
d) Taiwan
436) What is the group of islands in the South China Sea being disputed
by various countries called?
a) Turtle Islands
b) Spratley Islands
c) Babuyan Islands
d) Visayan Islands
437) Some Philippine branches of multinational engineering companies
have proven that they can successively handle the engineering work
for the worldwide operations of their mother companies. What is this
an example of?
a) Monopolization
b) Nationalization
c) Globalization
d) Privatization
438) Technical papers in conferences can be accessed through the
internet through hard copies. Which of the following is a hard copy?
a) Papers in a technical magazine
b) All of these
c) Papers in a hard bound book
d) Mimeographed copies
439) What is the latest trend in mine planning among companies in
response to the growing concern for environmental protection and
social consciousness?
a) To plan for optimizing the return over the lift of the mine
b) To plan for mine closure
c) To plan for maximizing profits over the life of the mine
d) None of these
440) In the modern mine, a software has been developed to enable the
user to perform quality assessment from data being accumulated on
field equipment. This real-time software is known as ATS. What does
this stand for?
a) Asset tracking software
b) Automatic tracking System
c) American Trading System
d) None of these
441) What is the most effective means of assuring security of a mining
operation isolated areas where there is no threat from rebels?
a) Effective community relations program
b) High powered arms
c) Connections with the military
d) Connections with the local politicians
442) which of the following has a positive impact on the impact on the
profitability of a metal mining operation
a) High metal prices
b) Low interest rates
c) Low operating costs
d) Favorable geology of deposit
e) Low capital cost
f) All of the above
447) Even after an orebody has been mined for several years, the
reserves may increase income because of:
a) New technology resulting to lower costs
b) Increase in metal prices
c) Positive results of additional exploration
d) All of these
449) What countries are involved in the current dispute over a group of
islands in the South China Sea?
a) None of these
b) Myanmar
c) All of these
d) Laos
e) Papua New Guinea
450) What do you call a program to connect to sites in the Internet?
a) Bookmark
b) Browser
c) Information highway
d) Server
451) Which of the following price of imported equipment and supplies
includes duties, and taxes?
a) CIF price (cost, insurance, freight)
b) C & F price (cost, freight)
c) None of these
d) FOB price (free on board)
452) In computer lingo, what do you call the list of e-mail address with
a single we-mail address set up that forwards all messages sent to it
to every address on the list?
a) Mailing list
b) Network
c) Website
d) Service provider
453) In order to access the worldwide internet in mines located in
isolated areas, the company must primarily attend to:
a) None of these
b) Access roads and bridges
c) Power and telecommunication systems
d) Water works
454) The concept of production sharing contracts in the Philippine
mining industry was first introduced in the coal mining industry in
1976. What is the contract between the government and the coal
mining operator called?
a) Service contract
b) Contract of work
c) Coal operating contract
d) Geophysical survey and exploration contract
455) What was the worst mine disaster in the Philippine mining history
with 84 people killed?
a) Water in-flow at San Mauricio Gold mine in the 1950’s
b) Cave-in at Philex Copper Mine in 1967
c) None of these
d) Methane Gas Explosion at Malangas Coal Mine in 1994
456) What is the arrangement where companies worldwide with
complementary expertice and/or areas of strength team yup for a
common objective with each company still retaining its separate
identity?
a) Acquisition
b) Buy-out
c) Merger
d) Strategic alliance
457) Which of the following is NOT a storage device?
a) Floppy disc
b) CD-ROM
c) Printer
d) Hard disc
458) The heating value of a certain coal deposit with moisture content
of 20% is 8000 BTU per pound on an as received basis. What is the
heating value of said coal on a moisture-free basis?
a) None of these
b) 6400
c) 10000
d) 9600
459) Your mine breaks even at a copper grade of 0.5% at a price of
$1.00 per pound. You have now reached the lower grade portion of
the deposit with a grade of 0.4 %, which you can still recover at
90%, but contains gold assaying 0.01 ounce per ton. Assuming you
can get a credit of $300 per ounce in the concentrate, what should be
your minimum gold recovery for the mine to break even?
a) 50%
b) 60%
c) 67%
d) 55%
460) What type of coal is used primarily for its heating value?
a) Metallurgical coal
b) Steaming coal
c) Coking coal
d) None of these
461) What is the smallest unit for the storage capacity of a computer?
a) Terabyte
b) Kilobyte
c) Byte
d) Gigabyte
462) A sustained global decline in demand for metals generally leads
to
a) no effect on metal prices
b) all of these
c) increase in metal prices
d) decline in metal prices
463) Which of the following is not among cost-cutting measures
resorted to by mining companies when metal prices are low?
a) Additional debt financing
b) Dow-sizing
c) Re-engineering
d) Retrenchment
464) Who is ultimately in charge of a computer?
a) All of these
b) Hardware
c) Software
d) People
465) The Code of Ethics for mining engineers:
a) Is silent on the issue of labor unions
b) Prevents mining engineers from joining labor unions
c) Requires mining engineers to join labor unions
d) Encourages mining engineers to join labor unions
466) Semirara Coal Corporation supplies coal to NPC plants on the basis
of import parity (delivered price plus tariff) o an equivalent BTU
basis. If NPC can buy imported coal of 10000 BTU per pound at 20 US
dollars per ton delivered and pays a tariff of 10% on the FOB price of
15 US dollars per ton, how much will SCC have to produce and deliver
its 8000 BTU per pound coal to break-even, assuming an exchange
rate of 40 pesos to one US dollar?
467) 640 pesos per ton
468) 704 pesos per ton
469) 688 pesos per ton
470) 800 pesos per ton
471) Which of the following fuels does NOT emit carbon dioxide when
burned?
a) Oil
b) Natural gas
c) Coal
d) uranium
472) The most important and basic information, which the mining
engineer must ensure is as accurate as possible, for an accurate
feasibility study is:
a) geology of the deposit
b) volume and grade of reserves
c) environmental and social impact
d) forecast of future metal prices
473) In computer lingo, what is URL?
a) A web address
b) A special software program
c) Forecast of future metal prices
d) All we-mail address
474) You’re the owner/operator of a profitable small scale goldmine
Diwalwal. What would you do to show your professionalism and be a
good example to other small-scale miners?
a) Be the most safety/ environment conscious mine
b) None of these
c) Have the PR with government officials
d) Be the most mechanized small- scale mine
475) It is said that the essence of management is communications. This
simply means that a mine manager should be able to:
a) Give clear instructions to his subordinates
b) Speak up before his superiors
c) All of these
d) Write memos clearly
476) When the owner of mining project is primarily interested in the
return on his capital, what measure of profitability will you use?
a) Internal Rate of Return
b) Net present value
c) None of these
d) payback
477) A well-managed mine is one that:
a) Pays fair wages for its workers
b) Complies wit environmental/safety rules
c) Makes maximum profits for the stockholders
d) Does none of these
e) Does all of these
478) What would you have done if you were among the Filipino
engineers working at the Busang gold project in Indonesia after
learning that the samples ere being salted with management’s
consent?
a) Quit as quickly as possible
b) None of these
c) Brought more stocks in Bre-Ex while continuing to work with the said
company
d) Kept quiet aout the whole thing