Search Documents

Conditional simulation can be used to determine the probabilities of block iron-grades being above selected cut-offs. However, there are much faster alternatives that can produce acceptable results. In this paper blasthole data from a selected area of Joffre Member hosted ore of the Brockman Iron Formation at the Mt Whaleback orebody is used as the basis of a case study to assess alternatives to simulation. Iron grade, in per cent, is interpolated from a blasthole dataset into a block model using ordinary kriging. Samples are then removed from this blasthole dataset to produce data subsets. A complete distribution of iron grades for points or blocks is obtained utilising the data subsets and the following techniques: conditional simulation, median indicator kriging, the probability from conditional expectation and confidence intervals attached to the estimation of blocks in the framework of the discrete Gaussian model. The complete blasthole dataset is considered to represent the true iron grades at sample point support while the ordinary kriging estimate derived from these samples is considered to represent the true block grades. The distributions obtained from point estimates, block estimates and simulations are compared to each other and to the true estimates of iron grades using graphs and statistics. The conditional expectation technique reproduced the results obtained from conditional simulation extremely well and it is a viable alternative to simulation at point support. At block support the confidence intervals technique reproduced the results of the conditional simulation more closely than the median indicator kriging and in the data subsets tested the confidence intervals technique actually reproduced the true grade distribution more closely than the conditional simulation.

Jan 1, 2005

By B J. Monaghan, R J. Longbottom, D J. Pinson, S J. Chew

Recycling steel plant by-products is a critical issue for achieving both environmental and economic sustainability of integrated steel plants. A key steel plant by-product stream is dust from basic oxygen steelmaking (BOS), which can be recycled back to the BOS vessel as iron units and to aid slag formation. The major limitations for its recycling are zinc and the uncertainty in zinc speciation of the dust. This uncertainty affects the amount of dust recycled and how it interacts with the slag during processing. BOS dust in stockpiles can undergo self-sintering reactions that oxidise the iron-bearing components. As this occurs, zinc (or oxide) may combine with iron oxides to form a zinc-iron spinel solid solution phase. Knowing which zinc-bearing species are present in the BOS dust is a key aspect in understanding and developing an efficient recycling process for the dust. To overcome difficulties associated with phase identification in the BOS dust (both fresh and selfsintered), particularly the magnetite-zinc ferrite spinel solid solution using X-ray diffraction (XRD) / scanning electron microscopy (SEM) / energy dispersive spectroscopy (EDS), high end characterisation tools, transmission electron microscopy (TEM) and Mössbauer spectroscopy, were also used. Such an approach allowed improved phase identification of key zinc- and iron-bearing phases that were not previously resolvable. The zinc in fresh BOS dust was mostly present as extremely fine separate particles of zinc oxide, attached to the iron particles. These extremely fine particles were <10 nm in size. Additionally, a small amount of zinc ferrite was also identified within the sample (most likely contained within a magnetite-zinc ferrite spinel solid solution). However, the zinc in the self-sintered BOS dust, was found to be present entirely in a magnetite-zinc ferrite spinel solid solution. While this spinel phase had been previously identified by XRD, it was not clear that it contained zinc. The Mössbauer results provided definitive evidence of zinc within the spinel phase.

Jun 19, 2024

By J H. Zietsman

The transition to more sustainable metal production is receiving much attention at present, and the iron and steel industry is at the centre of the conversation. New, more environmentally friendly production technologies, such as direct reduced iron (DRI) smelting furnaces, need to be developed in a short period of time. This necessitates increased use of computational modelling that incorporates more accurate material descriptions. The combination of large-scale multiphysics models of high-temperature processes with CALPHAD material descriptions leads to infeasible computation times. This can be resolved with the previously reported RapidThermo framework, which has been demonstrated to make equilibrium calculations orders of magnitude faster, within controllable limits of accuracy. In this paper, we explain how further material properties, which are important to modelling hightemperature reactors, can be added to the RapidThermo framework. This can improve the accuracy and usefulness of process and multiphysics models in the development of new technologies, which can significantly accelerate development cycles.

Aug 21, 2024

By A Batnasan

The main techniques for removing phosphorus as an impurity element in iron ores are physical separation (eg magnetic separation, flotation) and chemical separation (acid leaching, alkaline leaching and bioleaching) processes. When phosphorus occurs in iron ores as phosphate minerals (eg apatite), physical separation techniques are available to remove the gangue minerals from iron ores. On the other hand, chemical separation techniques are suitable for reducing phosphorus levels when phosphorus is associated with iron oxides and hydroxide minerals (eg hematite and goethite) in iron ores. In this study, the dephosphorisation behaviour of high‐phosphorus iron ore was investigated using a combined alkaline roasting and water washing route. Roasting experiments were conducted in a laboratory electric muffle furnace using various concentrations of sodium hydroxide (0–50 g/kg-ore) at different temperatures (100–800°C), varying prolonged roasting times (0–2 h), and different particle size fractions (-45 – -250 μm) of iron ore. Subsequent water washing experiments were employed at various pulp densities (30–1000 g/L) and different times (30 s – 60 min) at ambient temperature. Hematite and goethite were the main minerals in the high-phosphorus iron ore identified using X-ray diffraction (XRD) analysis. The iron ore assaying 63.40 mass % Fe (total), 0.240 mass % P, 4.53 mass % SiO2, and 4.87 mass % Al2O3 were determined using X-ray fluorescence (XRF) analysis. The results showed that the dephosphorisation rate of the iron ore was reached 40 per cent under roasting with 50 g/kg-ore NaOH at 300°C for 2 hours followed by water washing for 30 s with a pulp density of 300 g/L, reducing phosphorus level from 0.240 mass % to 0.142 mass %. At the same time, the iron grade was reduced from 63.4 per cent to 59.5 per cent, caused by an iron loss. Results suggest that the phase transformation of goethite induces the dephosphorisation of high-phosphorus iron ore under alkaline roasting conditions

Aug 22, 2022

By V Rasouli, G Cavanough, A Mokaramian

The sampling time, the costs and its quality are the three factors that determine the best method of drilling in mineral exploration. The two principal methods of reverse circulation (RC) and diamond core drilling are often used in combination by mine operators. RC is used for drilling shallow holes and in-pit grade control, and core drilling for deeper holes to identify future resources. The RC method is faster and more flexible than coring and provides virtually uncontaminated cuttings (ranges from dust to 25 mm chips) to the surface cyclone suitable for geochemical anomalies. The diamond coring produces core samples to increase the level of geological knowledge and the 3D extension and distribution of the orebody. However, both of these methods are subjected to certain limitations and inefficiencies in reaching deeper depths and drilling complex hole geometries. Examples of such shortcomings include the inability to provide enough air pressure for RC drilling and high friction between drill pipe and the hole wall in diamond core drilling.Considering that delivering large volume of reliable samples from deep zones to the surface in shortest possible time is of paramount importance in mineral exploration, and assuming that obtaining core samples over whole overburden is not always essential, then drilling small size holes as fast as possible and delivering the small chip samples to the surface would be a good alternative with several advantages over conventional drilling methods for deep hard rocks mineral exploration. As a result, the use of coiled tube (CT) drilling technology has been proposed recently for such applications. CT is a continuous length of ductile steel or composite tube stored and transported on a large reel; and allows fast drilling by eliminating the connection time and providing continuous circulation during drilling. This enables quick access to the zone of interest to collect the cuttings or obtain core samples. CT is advantageous particularly in drilling directional boreholes and multi-laterals. In this paper, feasibility of using CT delivering reliable samples is discussed for deep mineral exploration. In addition, recent developments and practices are presented that make CT a reliable drilling technology to drill cheaper, faster and deeper and to deliver more continuous and reliable data and samples from deep formations.CITATION:Mokaramian, A, Rasouli, V and Cavanough, G, 2012. Quality sampling using coiled tubing drilling in deep mineral exploration, in Proceedings Sampling 2012 , pp 73-80 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 21, 2012

By W J. Haylock, K Wasiel

PX4 Software Pty Ltd is a Brisbane-based company, which specialises in providing tenement management software to mining and exploration teams operating in Australia and several international jurisdictions, including the United States, Africa, and Canada. Whilst the company is experiencing substantial growth due to a demand from both the minerals and mining technology sector, there is a crucial gap in the market for critical minerals, which will be required to achieve the net-zero emissions goal set by the Paris Agreement for 2050. To help understand and address the technology gap identified by the unprecedented demand, PX4 Software undertook the Annual Survey of Technological Transformation in the Exploration Industry. This survey involved interviews with 12 very distinguished subject matter experts in the fields of Geoscience and Geology from across the globe. From this survey, we have defined eight major categories of exploration technologies. Notably, the most transformative of these technologies over the past 65 years falls into the Geophysical Methodology category, specifically focusing on image and signal processing of both airborne and downhole data. Advances in computing power during this period have significantly improved data processing quality, enhancing orebody modelling, and targeting. This has had a profound impact on the industry. Moreover, the survey reveals that future transformative technologies are expected to centre on the automation of existing processes through AI and Machine Learning techniques. This is expected to help facilitate the identification of critical mineral systems and thus enable the exploration industry to make more informed decisions based on data analysis using Machine Learning and AI.

Sep 1, 2024

By M Chaudhari, G Manekar, D Shome

MOIL Limited is operating 7 underground and 3 opencast mines in central India and producing annually more than 1.2 million tonnes of various grades of manganese ore. The underground mines are operating at shallow - 90 m at Munsar mine to moderate - 353 m at Balaghat mine below the surface with horizontal cut and fill (HCF) or its variant method of stoping with post filling by hydraulic sand stowing. The Munsar mine is being worked underground since 1903. The opencast mining is presently stopped. The ore body below the opencast quarry is geological continuity of the area excavated in past by opencast method of mining. The underground mining is done through the adit in three levels i.e. 270’L, 220’L, 170’L and by incline in western part of the property at 70’L. The horizontal drift development has been developed in the manganese ore body with sill drive of 5 m above the sill pillar in lower level at 70’L and barrier pillar of 5 m thickness is left for protection of upper level at 170’L. Valuable mineral has been locked in sill pillar and therefore rock mechanics investigations have been carried out. On the basis of study now the drift development has been carried out in footwall rock at 70’L, (-) 30’L and below levels and it has improved the mineable manganese ore by about 20%. In this modified HCF stope design, an alternative fill material in place of sand, which has been developed in house by use of overburden (OB) material after treatment, has been used for hydraulic stowing. The experimental trials find out that the alternative fill material of OB is more compact and forming a non expansion floor for the men and machines in the stope. This will certainly help in the introduction of mobile underground mining equipment for drilling in the stopes and mechanical mucking, transportation and loading of the ROM. The paper presents rock mechanics investigations and future use of alternative fill material of OB for better safety and productivity at Munsar Mine of MOIL. CITATION:Manekar, G, Shome, D and Chaudhari, M, 2018. Modified ground support with alternative fill material for ground control at Munsar underground manganese mine of MOIL Limited, India, in Proceedings The Fourth Australasian Ground Control in Mining Conference (AusRock), pp 58–65 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 30, 2018

By D P. Sainsbury, J Western, B L. Sainsbury, V Mutton, P E. Petrie

Remnant rib pillars at Castlemaine Goldfields Ltd’s Ballarat Gold Project have been sterilised by the placement of loose rock fill in production stopes. The application of selectively injecting low-viscosity grout into the backfilled stopes to form a stabilised material has enabled recovery of the previously sterilised pillars. This paper outlines the engineering design, quality control and quality assurance program implemented to ensure the safe and efficient recovery of the rib pillars. The successful program included laboratory testing, numerical exposure stability modelling and in situ monitoring.CITATION:Sainsbury, B L, Sainsbury, D P, Western, J, Petrie, P E and Mutton, V, 2014. Pillar recovery adjacent to stabilised rock fill at the Ballarat Gold Project, in Proceedings AusRock 2014: Third Australasian Ground Control in Mining Conference , pp 77–86 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 5, 2014

The object of this paper is to give an insight into various metallurgical operations involved in the making and shaping of steel for shipbuilding at the Newcastle plants of the Broken Hill Proprietary Co. Ltd., Commonwealth Steel Co. Ltd. and the Port Kembla plant of Australian Iron and Steel Ltd. Whilst not steelmakers, inasmuch as their processes start with semi-finished. steel supplied by the Steelmaker, the plants of Stewarts and Lloyds (Aust.) Pty. Ltd. and their associate company, British Tube Mills, Rylands Bros. (Aust.) Pty. Ltd. and the Newcastle and Kembla plants of John Lysaghts (Aust.) Pty. Ltd. make substantial contributions to the Australian shipbuilding industry, principally by way of boiler tubing and wires for welding rods and sheet steel, including special silicon lamination sheet for electrical motors.THE MAKING OF STEELThe making of iron and steel began as an accident, slowly developed as an art and has not yet become an exact science. The iron age dawned on the day when, by chance, man&apos;s primitive ancestor built up the wall of his fire with ironstone. In the ashes of the fire he found pieces of sponge iron from which he hammered out the first sample&apos; of wrought iron. For many centuries iron &#183;was manufactured in bloomeries and occasionally, when the temperature was excessive, the iron combined with some carbon and steel was produced. But it was not till &apos;1740 that steel was manufactured under controlled conditions. In that year Huntsman invented the crucible process which held undisputed sway for over a 100 years until in 1856 the invention of the Bessemer process revolutionised the whole industry.From then on, rapid progress was made. The Siemens...

Jan 1, 1951

The Cadia Valley Operations currently hosts a large operational open pit, a large operational sublevel caving underground mine and two other underground projects at the study stage. This scenario creates an unusual situation for the evaluation and planning of a fifth major open pit project. The Cadia East Open Pit is a large gold-copper development located adjacent to the operational open pit and above one of the underground projects. A study team is conducting a comprehensive and robust analysis of the target orebody. Two key factors for this project include the existing and planned projects within the valley and the wide range of available mining methods. The aim for the study team is to present an optimal and practical case which suits the entire Cadia Valley Operation. A rigorous and robust analysis of the situation requires that each factor be properly evaluated. A modular system has been developed which allows the wide range of scenarios to be quickly and meaningfully considered. Sensitivities for each module drive the further development of that particular module. As each scenario progresses, an assessment is made evaluating its value, strategic value and practicality. In such a way, the number of scenarios is gradually reduced at each stage to produce a final short list of feasible cases. Each scenario on the shortlist is then assessed with regard to the existing operations and other projects. A qualitative and quantitative analysis is made. This ranking is used to provide the recommended case.

Jan 1, 2007

By R M. Yanamandra, S K. Tripathy, N Mangadoddy, P Sudikondala, P Ankireddy

Spiral concentrator is one of the most commonly used gravity concentration devices in mineral processing. The particles are classified based on their specific gravity and size. The present work analyses the experimental and numerical investigations of the water flow field, such as fluid depth and free surface primary velocity of two high gravity spiral concentrators at different flow rates. The measurement techniques use a flow depth gauge and flow visualisation technique adapting lycopodium powder as the tracer. Flow features in terms of liquid depth and primary velocity at the free surface of the flow are captured across the trough in two different high gravity spirals. A highspeed motion camera with an imaging frequency of 5400 frames per second and 768 × 768 pixel resolution is utilised to track the tracer particles in the liquid flow on the dark surface background. Further, the two-phase flow is studied numerically on high gravity spirals based on the volume of fluid (VOF) approach utilising the RNG k-ε model and Reynolds Stress Model (RSM) for predicting the fluid flow on trough surfaces such as water depth and free surface primary velocity. The CFD predictions of the flow field for the two spirals are attempted to validate against experimental data. The high gravity spiral concentrators show lower flow depths and free surface primary velocities but steep velocities on the outer trough zone compared to that of low gravity spiral concentrators (conventional coal spirals). Among the computationally tested high gravity spirals, higher pitch and higher secondary slope design shows greater flow characteristics.

Aug 24, 2022

By P T. Stoker, A Allman, D P. Carville

Classification of mineral resource estimates is one of the most important responsibilities of the Competent Person. In recent years, classification decisions have been driven more by the detailed block-by-block attributes generated by the now widely applied geostatistical estimation methods, and less by a general geological overview. This is increasingly resulting in æspotted dogÆ outputs, in which blocks of Inferred Resources or unclassified material separate blocks of Measured and/or Indicated Resources, or individual drill holes are surrounded by annuli of Measured and Indicated Resource blocks. Not only are such outputs potentially misleading, since they ignore fundamentals such as continuity of geology and mineralisation between drill holes and the imprecise nature of resource estimation, they can also cause substantial problems for engineers undertaking mine designs and estimating ore reserves, particularly for underground mines. Competent Persons for mineral resources must keep in mind the purpose of their work, and should use their experience and judgement to avoid or smooth out æspotted dogÆ classifications, providing a result commensurate with the level of geological and resource estimation confidence. For their part, ore reserve Competent Persons must understand the resource estimation and classification process, and should question resource classifications that are not consistent with the level of geological and resource estimation confidence.

Jan 1, 2006

By W Zirima

A detailed, mine scale non-linear numerical model of Rosebery mine has been built for the purpose of simulating life-of-mine global deformations. The model was calibrated using observations of displacement and damage, and was then used to investigate the correlation between dissipated plastic energy (DPE) and seismic event occurrence. The study is unique because the seismic data was collected over a relatively short period using a temporary portable seismic system. It is the intent to undertake significantly more work, but the analysis of limited data shows that a very good, non-linear relation between DPE and event probability is present. The observed correlation is consistent with measurements from other mines where more data was available. With more data, the strength of the correlation will allow the DPE analysis to be used during the design and sequencing phase of planning to better design the mine to minimise seismic hazards.

Jan 1, 2008

By J Pan, B-J Shi, X-B Li

The granulation behavior of specularite fines which possess poor ballability was studied with limonite fines as a function of nuclei particles and adhering fines. The results show that the permeability of granules deteriorated as the ratio of specularite fines increased in the mixture, and the optimal granulation moisture content also decreased. The granulation kinetics results demonstrate that the adhering load of specularite fines increases rapidly within three minutes and then levels off. With increasing specularite fines ratio, the adhering speed is accelerated but the granulation duration needs to be longer to reach adhering balance. The microstructure of granule quasi-particles indicates that the fine limonite particles act as binders to bond together the specularite particles which are dispersed in the adhering layers. This can improve the adhering strength of the granules. Hence, the granulation behaviour of specularite fines can be improved by blending them with fine limonite ores which have high adhering capabilities.CITATION:Zhu, D-Q, Li, X-B, Pan, J and Shi, B-J, 2015. Granulation behaviour of specularite fines in ferrous sinter mixtures, in Proceedings Iron Ore 2015, pp 91–96 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By A Millar, B Wraith

Process plants are characterised by variability of performance over a wide range of time-scales; reflected in fluctuations in metal recovery, concentrate grade, plant throughput and reagent costs. In turn, these fluctuations impact financial metrics such as operating costs and revenue. The primary cause of plant variability is variation in the physical, lithological and mineralogical characteristics of the ore fed to the plant. The variability of the ore is driven by the intrinsic heterogeneity of the geology and mineralogy of the orebody, the mining method and mine production plan, the capacity to stockpile and blend, as well as the plant flow sheet and the level of plant automation. Whilst the impact of ore variability on process plants is universally recognised, it is rarely quantified in financial terms. Consequently, opportunities to reduce its impact are often overlooked due to the lack of a basis for a quantifiable cost-benefit analysis to justify improvement initiatives. This paper will present case studies using production data from the Renison tin concentrator and a zinc concentrator. These case studies demonstrate that as the standard deviation of plant head grade increases (as a proxy for ore variability), plant metal recovery subsequently reduces. The metal recovery is then converted into plant revenue losses, to quantify the economic impact of ore variability. The Renison case study demonstrated that whilst a very rare occurrence, revenue losses were as high as 34 per cent (relative to the baseline) when standard deviation was at its highest. The zinc concentrator case study demonstrated that revenue losses were as high as 6 per cent (relative to the baseline) when standard deviation was at its highest. Options are available for reducing and managing ore variability in the process plant. These options include changing mining practices so that the ore is fed to the plant with less variability, more advanced process plant control systems and the use of predictive geometallurgical models.

Aug 24, 2022

By T Seifert, P Krolop, K Niiranen, S Gilbricht

The Per Geijer iron oxide apatite deposits (IOA) display significant potential mineral resources for Luossavaara-Kiirunavaara AB (publ), known as LKAB. LKAB continuously mines magnetite/hematite ores in northern Sweden for almost 130 years. The Per Geijer deposits reveal a high phosphorus content and vary from magnetite-dominated to hematite-dominated ores, respectively. Furthermore, they show a large variation in texture, mineral composition, and relation to wall rocks. The high phosphorus concentration of these ores results from highly elevated content of apatite as gangue mineral. Reliable, robust, and qualitative characterisation of the mineralisation is required as these ores inherit complex mineralogical and textural features. For this purpose, comminution tests at laboratory scale in combination with scanning electron microscopy-mineral liberation analysis (SEMMLA) were carried out. Based on this work, significant information on the modal mineralogy and degree of liberation of minerals of economic interest (eg magnetite, hematite, and apatite) were obtained. Results show that there is a difference in the degree of liberation of magnetite and hematite between ore types. This seems to be dependent both on the size fractions and the dominance of each iron oxide in the individual ore type. The amount of gangue minerals seems to have no significant impact on the degree of liberation after comminution. Apatite is generally best liberated in ore types associated with silicates, regardless of magnetite or hematite dominance. Based on the results of this study it can be inferred that a high degree of liberation of the minerals of economic interest can be achieved. However, results need to be verified with further beneficiation steps such magnetic separation, apatite flotation and possibly reverse silicate flotation.

Nov 8, 2021

By A Tawadrous, D S. Preece

Cave mining is of interest to the mining community as it offers a chance to extract large, deep orebodies with low operating costs and high production rates. It allows for extracting large low-grade orebodies, which may not have previously been considered for mining. Cave mining is done either top down (ie sublevel caving) or bottom up (ie block/panel caving). Both approaches rely on gravity, stresses and weakness of the rock to fracture and achieve a controlled collapse.Block caving starts at the base of the orebody. It progresses upward and across through continuous collapse of the roof. To achieve this, a critical hydraulic radius must be exceeded. This is accomplished by blasting drawbells, through which the caved ore passes to the production level. An entire level above the drawbells (undercut level) is excavated to help initiate the cave. The undercut level ensures the connection between drawbells and achievement of the required hydraulic radius.Conventionally, drawbells are generated by drilling and blasting several times from the production level as well as the undercut level. Mucking between each shot is required to generate enough void space for the rock to swell. The need for several blasts necessitates some downtime between each blast. Also, the cost of developing and maintaining the undercut level can constitute up to 35 per cent of the cost of mining the panel.A new blasting technique was developed to create the drawbells in a single blast from the production level. The technique ensures the connection of the drawbell to the neighbouring ones, thus, the critical hydraulic radius is reached and propagation of the cave achieved without the need for the undercut level. The technique has the potential to reduce the capital cost of a block caving operation, increase its feasibility and reduce time to reach the ore and consequently the payback period. This paper presents the modelling of a traditional drawbell excavation process, the philosophy of the developed technique, the modelling of that new design and its implementation.CITATION:Tawadrous, A and Preece, D S, 2015. A novel blasting technique to create drawbells and eliminate the undercut level in block cave mining, in Proceedings 11th International Symposium on Rock Fragmentation by Blasting, pp 617–624 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 24, 2015

In considering the organization of research, it is necessary to know just what research is, what objects are in mind when setting out to conduct research, and what are the functional units which are required to enable a coordinated effort in research to proceed.The dictionary defines research in the following terms: Laborious and patient search, as for truth, diligent inquiry or examination in seeking facts or principles; inquiry, scrutiny; to search or examine with continued care; to seek diligently; to search again; to examine anew.This is, of course, simply a formal definition, but the reference to &quot;labour&quot;, &quot;patience&quot; and &quot;diligence&quot; should be noted.The following quotation from an answer to the question &quot;What is Research?&quot;, published recently in a technical journal, puts some life into the formal definition:- Essentially, it (Research) is nothing but a state of mind a friendly, welcoming attitude toward change. Going out to look for a change instead of waiting for it to come. Research, for practical men, is an effort to do things better... The research state of mind can apply to anything: personal affairs or any kind of business, big or little. It is the problem-solving mind as contrasted with the let-well-enough-alone mind . . . It is the &quot;to-morrow&quot; mind instead of the &quot;yesterday&quot; mind. Note the statements that: Essentially, it (Research) is nothing but a state of mind, and the research state of mind can apply to anything.

Jan 1, 1950

By C Tonkin, S D. Howell, P V. Johnson, J Moriarty, P W. Duck

This paper presents the scientific framework underpinning the resource valuation and optimisation model (RVOM). The RVOM is a partial differential equation based real options software package, which helps mine owners optimally plan their operations, understand their project risks, and make defensible valuations. This is achieved in the presence of both financial and physical uncertainty, as well as processing capacity constraints. The RVOM can be applied to any multi-ore mine, open pit or otherwise, where the block-order of extraction has already been planned using existing software tools such as the Gemcom WhittleÖ strategic mine planning package. The RVOM can also take account of multiple commodities within a single mine, and multiple forms of price behaviour. The three key outputs from the RVOM are: valuation, optimal decision and probability of decision. A&#160;decision takes account of upfront costs, and can include an unlimited number of transitions between: normal operation, expanded operation, care and maintenance and abandonment (and variants thereof). The RVOM then employs stochastic process theory to determine the probability of reaching these decisions. This gives the mine operators clear indications as to where their risks lie, aiding their mine planning. A clear example of the RVOMs usage to a case-study gold mine is presented, demonstrating its broad applicability, the added value it can create and how users can easily make use of the RVOMÆs state-of-the-art algorithmic engine.

Sep 26, 2011

Sampling protocols and metallurgical flow sheets should be designed to suit the style of mineralisation in question. In support, the a priori need for evaluation programs is the characterisation of the mineralisation type(s) and domain definition. The proportion and size of gold particles has a direct impact on the effectiveness of sampling protocols and metallurgical processes employed. Within the coarse- to-fi ne gold spectrum, the samplability of a deposit ranges from relatively simple for fine-grained disseminated particles, through to difficult for coarse gold mineralisation. Conversely, metallurgical processing may be relatively simple for coarse gold ore and more difficult for very fi ne gold ores. Most deposits contain a proportion of both particle size types. The nature of mineralisation, mineralogy and associated gold particle sizing can only be determined by preliminary sampling to facilitate testing. Mineralogical studies, focussing on ore mineralogy and gold particle deportment, size and distribution are required as part of wider paragenetic and geometallurgical investigations. This paper discusses key issues and presents a methodology for the determination of gold particle size in coarse gravity-gold ores to support sampling optimisation and which also contributes to metallurgical characterisation.

Aug 1, 2010