Avaliação de projetos de mineração utilizando a teoria das opções reais em tempo discreto : um estudo de caso em mineração de ferro

Estudo da teoria das opções reais que incorpora à avaliação de projetos de investimentos, as opções de crescimento e as flexibilidades gerenciais que surgem devido às incertezas existentes no ambiente no qual as empresas operam. Aborda os métodos tradicionais de avaliação de investimentos baseados no fluxo de caixa descontado (FCD), destaca as suas vantagens e limitações; a teoria das opções reais mostrando suas vantagens em relação aos métodos tradicionais; e um estudo de caso. Tem como objetivo principal apresentar que a teoria das opções reais é viável e complementar aos métodos tradicionais de avaliação de investimentos na indústria de mineração de ferro, com a abordagem da avaliação em tempo discreto. Este método permite especificar o problema de análise e resolvê-lo com o uso de programa de software de análise de decisão disponível no mercado de forma mais simples e mais intuitivo que os métodos tradicionais de avaliação de opções reais e permite maior flexibilidade na modelagem do problema de avaliação. A modelagem das opções reais do projeto baseia-se no uso de árvore de decisão binomial para modelar o processo estocástico. A avaliação é realizada em quatro passos de acordo com a metodologia proposta por Copeland e Antikarov (2001) e Brandão e Dyer (2005): modelagem do ativo básico, ou seja, cálculo do valor presente líquido sem flexibilidade; criação do modelo binomial utilizando o software computacional para modelar o ativo básico, computando as probabilidades neutras a risco; modelagem das opções reais no projeto; e resolução da árvore binomial, ou seja, análise das opções reais. Os resultados apresentados demonstram que é possível implementar a abordagem da avaliação de opções reais em projetos de investimentos na indústria de mineração de ferro.

Biodegradação de antraceno estimulada por ferro

O antraceno pertence ao grupo dos hidrocarbonetos aromáticos policíclicos (HAP) que apresentam elevado potencial poluente e de risco a saúde, e tem sido utilizado como modelo para o estudo da degradação dos HAP, devido à sua menor toxicidade. Para a eliminação dos HAP do ambiente, tem sido proposta a utilização de microrganismos heterotróficos, que apresentam complexos enzimáticos que necessitam do ferro como componente estrutural. A dinâmica do ferro no solo, influenciada por formas e concentrações, pode interferir na biodisponibilidade deste elemento, afetando o potencial de degradação dos HAP no ambiente. Para testar essa hipótese, os objetivos deste trabalho foram: a) isolar microrganismos com potencial de degradação de antraceno; b) caracterizar as condições ótimas para o crescimento; c) avaliar o efeito de fontes e de concentrações de ferro na degradação do antraceno in vitro e no solo. Foram isoladas 26 bactérias com potencial de crescimento em meio contendo antraceno e destas foram selecionadas três, pelo melhor desempenho. Os isolados selecionados apresentaram maior crescimento a pH 7,0, à temperatura de 30ºC e em concentrações de até 2.000 mg L-1 de antraceno Todas as fontes de ferro testadas aumentaram o número de microrganismos crescendo em meio contendo 250 mg L-1 de antraceno, à excessão do Fe2O3. O estímulo ao crescimento dos isolados ocorreu em até 0,2 mM de Fe(NO3)3. A adição de 0,1 mM desta fonte de ferro estimulou um dos isolados para a degradação de até 72% do antraceno e esta degradação foi relacionada, em parte, à diminuição da tensão superficial do meio pelo isolado até 26,2 dinas cm-1. O efeito mais pronunciado do ferro na degradação do antraceno no solo foi maior na presença dos isolados (bioaumentação) e de nutrientes (bioestimulação). Os resultados demonstraram que o ferro estimula a degradação de antraceno, podendo este elemento ser utilizado nas estratégias de biorremediação dos HAP no ambiente.

Estradas de ferro e ensino industrial: um estudo de caso

O objeto deste estudo e o Centro Ferroviário de Ensino e Seleção Profissional de são Paulo , criado em 1934 , conjuntamente pelas ferrovias paulistas e o governo estadual. A criação deste centro em S~ o Paulo deveu-se ao desenvolvimento das ferrovias no estado , por força das necessidades de expansão da economia cafeeira, a exigi r transportes rápidos, baratos , a longa distância. Concorreu igualmente para o surgimento desta instituição , a difusão em são Paulo da doutrina da Organização Racional do Trabalho, que visava, em termos gerais , o aumento da produtividade da força de trabalho . A aplicação desta doutrina na indústria teve grande êxito , evoluindo com a introdução da Seleção Profissional e das Relações Humanas aplicadas ao trabalho industrial, como maneira de melhor aproveitar o "fator humano" . A divulgação desta doutrina no Brasil , deveu-se à atuação do Instituto de Organização Racional do Trabalho de são Paulo (IOORT ), especialmente pela introdução deste s princípio s no ensino ferroviário . Sua utilização na organização e nos métodos de ensino sobressaísse pela elaboração das séries met6dicas de aprendizagem e aplicação de procedimentos psicotécnicos p~ ra seleção de pessoal, e de candidatos aos curso s profissionais. Inicialmente foram empregados pelo Liceu de Artes e Ofícios de São Paulo, e depois, pela Estrada de Ferro Sorocabana. O Centro Ferroviário de Ensino e Seleção Profissional de são Paulo, durante os 11 anos de seu funcionamento, preparou força de "trabalho especializada para os transportes ferroviários paulistas e de outros estados , mediante a aplicação de métodos de aprendizagem e de aperfeiçoamento técnico-profissional . Esta instituição teve importante papel na origem do SENAI, ao qual foi incorporado, em 1945 , como Divisão de Transportes, fornecendo-lhe quadros de pessoa l técnico, métodos de ensino e ideologia em geral.

Avaliação das Opções Reais de Conversão e Abandono para Uma Mineradora de Minério de Ferro Sob Cenário de Stress

O mercado de minério de ferro tem passado por um período de stress nos últimos meses. O arrefecimento dos investimentos chineses em infraestrutura resultou em perspectivas negativas para a demanda dessa commodity. Paralelamente, a entrada em operação de novos projetos com volume de produção relevante aumentou a oferta desse produto no mercado. Essa conjuntura de fatores resultou na queda do preço do minério de ferro no mercado mundial e em um cenário de retornos reduzidos para as mineradoras. Nesse contexto, o objetivo do presente estudo é avaliar a flexibilidade gerencial, disponível aos administradores de mineradoras operacionais, de suspender ou fechar o empreendimento dependendo do preço do minério de ferro. Essas decisões serão estudadas através da Teoria das Opções Reais, onde a opção de conversão será aplicada na situação de suspensão e reabertura da mina e a opção de abandono será aplicada na situação do seu fechamento. O processo estocástico a ser seguido pelo preço do minério de ferro será o Movimento Geométrico Browniano, implementado através de um Modelo Binomial conforme proposto por Cox, Ross e Rubinstein (1979). O resultado do trabalho comprova o valor das opções reais estudadas e indica que essas opções reais têm maior valor em cenários de stress, quando o preço do minério de ferro está desvalorizado.

Dos caminhos de água aos caminhos de ferro: a construção da hegemonia de Natal através das vias de transporte (1820-1920)

At a time of changes on the territory during the 19th century, the political and socioeconomic elites of the province and later State of Rio Grande do Norte evolved a discourse in order to justify the permanence of Natal as a city holding a status of capital. In this work we analyze the means employed by the ruling classes to impose their wish to raise Natal to an outstanding position among the existing cities by intervening on the territory during a period of one hundred years (1820-1920). During that time, which was characterized by changing commercial flows and technological development, the elites interventions were essentially directed to the implementation of modes of transportation, especially the railway. We try to understand the reinforcement of Natal as a capital city not only in political and administrative terms, but mainly in a commercial and symbolic manner, through the discourse and interventions undertaken by the local administrative elites, who stimulated the creation of a set of relations on the territory that also imprinted visible marks in the capital s urban fabric. These interventions were based upon the establishment of an infrastructure for exporting the State s production, firstly through and despite the Potengi River, and later on by the construction of railways. Although the project of Natal s hegemony had been outlined before the establishment of the railway network, in both cases the ultimate objective was to reinforce and develop the capital city as a commercial urban center to the detriment of other cities

O papel modulatório do ferro sobre a resposta imune na Leishmaniose Visceral

Iron is an essential element for many cellular functions, including the immune response against intracellular pathogens. In this study, we aimed evaluate the effect of iron on IRP2, IFN-γ, TNF-α, IL-6, IL-10, MIG and IP10 expression in PBMC and assess the effect of the spleen parasite load on the expression of these genes in the spleen of L. infantum naturally infected dogs. Blood sample from 7 DTH+ donor was collected and PBMC was obtained. The cells were cultivated in absence (iron chelator desferroximane, DFO 10 μM supplemented media) or in presence of iron (hemin 6 mM) for 1 h, followed by stimulation with Leishmania infatum antigen for 4 h. 44 dog spleen samples were obtained and parasite load in this organ was determinate by qPCR. Gene expression was analyzed by qPCR and cytokine production quantified by flow cytometry. In antigen stimulated cells, genes involved in immune response are significantly more expressed in presence of iron. T CD4+ and TCD8+ lymphocytes produces IFN-γ, TNF-α and IL-10 possibly in iron dependent pathway. Monocytes antigen stimulated reduced TNF-α, IL-6 and IL-10 production in presence of iron. We found spleen of infected dogs IRP2 expression increases according to parasite load in that organ, while an inverse profile was found for IFN-γ, TNF-α e IL-10 expression. These results suggest that T lymphocytes depends on iron to produce IFN-γ, TNF-α and IL-10, while iron seems to inhibit cytokine production in monocytes. So, we propose an immunoregulatory mechanism carried out by iron during L. infantum infection in humans and dogs

Resposta de Chromobacterium Violaceum cultivada em alta concentração de ferro

The Chromobacterium violaceum is a β-proteobacterium Gram-negative widely found in tropical and subtropical regions, whose genome was sequenced in 2003 showing great metabolic versatility and biotechnological and pharmaceutical potential. Given the large number of ORFs related to iron metabolism described in the genome of C. violaceum, the importance of this metal for various biological processes and due to lack of data about the consequences of excess of iron in free-living organisms, it is important to study the response mechanism of this bacterium in a culture filled with iron. Previous work showed that C. violaceum is resistant to high concentrations of this metal, but has not yet been described the mechanism which is used to this survival. Thus, to elucidate the response of C. violaceum cultured in high concentrations of iron and expecting to obtain candidate genes for use in bioremediation processes, this study used a shotgun proteomics approach and systems biology to assess the response of C. violaceum grown in the presence and absence of 9 mM of iron. The analysis identified 531 proteins, being 71 exclusively expressed by the bacteria grown in the presence of the metal and 100 just in the control condition. The increase in expression of proteins related to the TCA cycle possibly represents a metabolic reprogramming of the bacteria caused by high concentration of iron in the medium. Moreover, we observed an increase in the activity assay of superoxide dismutase and catalase as well as in Total Antioxidant Activity assay, suggesting that the metal is inducing oxidative stress in C. violaceum that increases the levels of violacein and antioxidant enzymes to better adapt to the emerging conditions. Are also part of the adaptive response changes in expression of proteins related to transport, including iron, as well as an increased expression of proteins related to chemotaxis response, which would lead the bacteria to change the direction of its movement away from the metal. Systems Biology results, also suggest a metabolic reprogramming with mechanisms coordinated by bottleneck proteins involved in transcription (GreA), energy metabolism (Rpe and TpiA) and methylation (AhcY)

Desevolvimento de nanocompósitos de poli(metacrilato de metila)/argila processados por mistura no estado fundido

Poly(methyl methacrylate)/clay nanocomposites were prepared by melt mixing using a montmorillonite-rich clay (MMT). The clay in natura was treated with acrylic acid to facilitate the dispersion in the polymer matrix. A masterbatch of PMMA/clay was prepared and combined with the pure PMMA and then subjected to extrusion process using singlescrew and twin-screw extruders followed by injection. Nanocomposites were processed with clay contents of 1, 3, 5 and 8 wt.%. The effect of shear processing on the morphology of the nanocomposites was evaluated by XRD, SEM and TEM. Thermal and mechanical properties of the nanocomposites were investigated through TGA, DSC, HDT, VICAT, tensile and impact tests, to evaluate the effect of the addition of clay to the PMMA matrix. Flammability tests were also conducted to investigate the effect of the addition of clay on the flame retardation properties. SEM images of the nanocomposites indicated the presence of clay agglomerates, which resulted in the reduction of properties such as thermal stability, mechanical strength and impact resistance, and increased the rate of burning for materials processed by both extrusion routes

Estudo da adição do resíduo proveniente da extração de minério de ferro em argilas do Rio Grande do Norte

The mining industry is responsible for the generation of waste from their natural process of extraction. The mining impacts in urban areas are of special importance due to the high urban occupation, which are exacerbated due to the proximity of the mined areas and populated areas. Some solutions to wastedisposal have the potential to significantly reduce the environmental risks and liabilities, but represent higher costs in the stages of deployment and operation. The addition of mining waste as raw material in the development of commercial products reduces the environmental impacts, transforming the waste into a positive element in the generation of employment and income. This thesis studies the incorporation of waste iron ore in two clays, one from the ceramic industry of the City of Natal and the other from the ceramic industry of the Seridó Region, both in the State of Rio Grande do Norte, Brazil. Percentages of iron ore waste of 5%, 10% , 15%, 20%, 25% and 30% were used in the tested ceramic matrix. The two clays and the iron ore waste used as part of this investigation were characterized by X-ray diffraction tests, X-ray fluorescence tests, differential thermal analysis, thermogravimetric analysis and dilatometric analysis. The samples were sintered under temperatures of 850 °C, 950 °C and 1050°C at a heating rate of 5 °C/min with isotherms of two hours. The following tests were performed with the samples: linear shrinkage, water absorption, apparent porosity, apparent density, mass loss in fire and bending resistance in order to obtain their physical and mechanical properties. An amount of 5% of waste iron ore in the matrix clay at a temperature of 850 0C resulted in na increase of about 65% in the tensile strength of the clay samples from the Natal ceramic industry. A linear shrinkage of only 0.12% was observed for the samples, which indicates that the physical properties of the final product were not influenced by the addition of the waste

Interação competitiva do zinco e ferro após administração oral e venosa de zinco em crianças eutróficas

The aim of this study was to assess the acute and chronic effects of zinc in serum iron profile of children aged 6-9 years in relation to nutritional status and dietary intake. The study participants were 11 children regardless of sex, aged 6-9 years. They were selected from three public schools of the city of Natal, Brazil. Body mass index was used to assess nutritional status. In order to determine the patterns of childhood growth and ideal weight we used the standards of the World Health Organization. The dietary intake assessment was based on information from a three-day prospective food survey. The variables were energy intake, protein, lipids, carbohydrates, fiber, calcium, iron and zinc. All children underwent an intravenous administration of zinc (IVAZn) before and after oral administration of zinc (OAZn) (5 mg Zn / day) for three months. We measured serum iron, hematocrit, hemoglobin and total protein, before and after the use of oral zinc. The analysis of hematocrit, hemoglobin and total protein was performed using standard methods of clinical laboratory. Zinc levels and serum iron were measured by atomic absorption spectrophotometry. The project was evaluated and approved by the Ethics in Research Committee of Federal University of Rio Grande do Norte. Results: All children had normal weight. The consumption of energy, fat, fiber, calcium and iron were below recommended levels. However, the levels of protein and carbohydrates were high. Protein and zinc increased significantly after OAZn. Carbohydrate and protein were elevated in the blood. After OAZn, both protein and zinc increased, being statistically significant. Conclusion: The potential inhibitory effect of physiological or pharmacological doses of zinc on the profile of serum iron was observed in children with healthy weight and aged between 6 and 9 years. This negative effect of zinc did not affect the levels of hematocrit or hemoglobin, and therefore did not cause anemia. This was a multidisciplinary study, involving researchers from medicine, nutrition and pharmacy. This met the requirements of multidisciplinarity of the Post Graduate Program in Health Sciences of Federal University of Rio Grande do Norte.

Suplementação oral de zinco pode diminuir o perfil sérico de ferro em crianças saudáveis

Conselho Nacional de Desenvolvimento Científico e Tecnológico

Proteinograma e teores de cobre, ferro e zinco no soro sanguíneo de ovelhas da raça Santa Inês com mastite experimental por Staphylococcus aureus

Costa N.A., Simao L.C.V., Santos R.A., Afonso J.A.B., Fagliari J.J., Cardoso E.C., Soares P.C. & Mendonca C.L. 2010. [Proteinogram and serum concentrations of copper, iron and zinc in Santa Ines ewes with Staphylococcus aureus experimentally induced mastitis.] Proteinograma e teores de cobre, ferro e zinco no soro sanguineo de ovelhas da raca Santa Ines com mastite experimental por Staphylococcus aureus. Pesquisa Veterinaria Brasileira 30(5):435-442. Clinica de Bovinos, Campus Garanhuns, Universidade Federal Rural de Pernambuco (UFRPE), Avenida Bom Pastor s/n, Boa Vista, Caixa Postal 152, Garanhuns, PE 55292-901, Brazil. E-mail: carlalopes.mendonca@gmail.comThe aim of the present study was to evaluate the effect of Staphylococcus aureus experimentally induced mastitis on proteinogram and serum concentrations of cupper, iron and zinc levels of Santa Ines primiparous ewes. The right mammary gland of ten healthy ewes was inoculated with 1,0x10(4) UFC/mL of S. aureus. Clinical examination and determination of serum concentrations of proteins by electrophoresis in polyacrylamide gel (SDS-PAGE), cupper, iron and zinc, as well plasma level of fibrinogen were measured before the inoculation (control) and 12h, 24h, 36h, 48h, 60h, 72h, 84h, 96h, 108h, 120h, 132h, 168h, 180h, 288h and 336h after bacteria inoculation. All animals experimentally infected presented clinical mastitis and subsequent loss of mammary gland function. The electrophoretogram allowed the identification of 23 proteins with molecular weights (MW) ranged from 26.000 to 185.000 daltons (Da) including acute-phase proteins, IgG and IgA. A significant increase (P<0,05) in haptoglobin, ceruloplasmin, IgG and IgA concentrations was observed. Antitrypsin and acid glicoprotein concentrations did not alter. The levels of iron and zinc decreased and the cupper concentration increased. A positive correlation between plasma fibrinogen and serum ceruloplasmin (r=0.74), haptoglobin (r=0.62) and IgA (r=0.62) was also identified. Results showed the importance of ceruloplasmin and haptoglobin as acute-phase proteins in ewes with intramammary infections and confirms fibrinogen as an inflammatory marker because its high correlation with specific proteins. The alterations in the serum levels of Cu, Fe and Zn suggest the action of inflammatory mediators triggered by S. aureus.

Escarificação ácida na superação da dormência de sementes de pau ferro (Caesalpinea ferrea Mart.ex Tu. var. leiostachya Benth.)

Seeds of Caesalpinea ferrea Mart. ex Tu. var. leiostachya Benth. present low and irregular germination due to dormancy caused by the impermeability of the tegument. With the purpose to determine an efficient method to accelerate and uniformize seed germination, they were submitted to different immersion periods (0, 5, 10, 15, 20, 25 and 30 minutes) in sulfuric acid (95-98%), influence emergency and vigor (first count, speed index, medium time and relative frequency of emergency, length and dry matter of the seedlings). The experiment was carried out under greenhouse conditions with an experimental design of completely randomized, with seven treatments and four replications. The pre-conditioning of the seeds with immersion in concentrated sulfuric acid was efficient to overcoming seed dormancy, by increasing the percentage and speed emergency, the first count of emergency, length and dry matter of seedlings and reduction in the medium time for emergency. The efficiency of this chemical treatment with concentrated sulfuric depends on the immersion time, and 10 to 20 minutes were the most adequate to provide larger emergency uniformity percentages and vigor.

Germinação de sementes de Caesalpinia leiostachya (benth.) ducke (pau-ferro) classificadas pelo tamanho e pela forma

Conselho Nacional de Desenvolvimento Científico e Tecnológico (CNPq)