Search Documents

A feasibility study will fail its objective if it does not identify and then correctly assess, all the risks which could have a substantial impact on the financial viability of a project. Before this assessment can be undertaken, one needs to understand the risk profile of the entity which is making the decision about the project. Some of the commonly encountered issues when assessing project risk are related to the problem of not being able to see the wood for the trees. In any risk analysis it is important that conservatism does not strangle a viable project; that the variables are internally consistent with each other, that reality checks are carried out and that appropriate expertise is used. Sensitivity analysis forms a part of the overall project risk assessment; however, it can only test those variables which have already been identified in the financial model. The most useful tool in performing a sensitivity analysis is Monte Carlo simulation. When properly used, it provides a more real world scenario than the simple adjustment of key variables by ¦ 10 per cent one at a time. Monte Carlo can provide valuable information about the robustness of a project. Project risk and sensitivity assessment is prone to the analysis paralysis syndrome. The focus should be on quality rather than quantity.

Jan 1, 1997

Asian countries are now facing very crucial aspects of urban living under the recession of the economy. The current situation is such that those hard aspects may make the living standards worse and worse in the next century, unless proper measures are taken on the infrastructure for urban lives. More than half of the population in Asian countries are now living in cities. Nowadays, the socio-economic development of the Asian countries has been closely linked to the development of world economy because of the border-less economy system. The population inflow to big cities is inevitable as the Asian countries step into an industrialised economy. Such a tendency will be further accelerated when Asia becomes a centre of financial business in the 21st century. The government of any country has realised the situation very well. The United Nations has established a specific agency to solve the problems caused by the rapid urbanisation. This global agency for urbanisation is named United Nations Center for Human Settlement and it is so called Habitat. There are three Habitat offices in the world, Nairobi in Kenya, Santiago in Chile and Fukuoka in Japan. The activities of Habitat offices cover a wide field of issues such as housing, urban development, infrastructure and environment, etc. Habitat Fukuoka Office is serving Asia and Pacific in co-operation with the government offices concerned.

Jan 1, 1999

I propose to speak today about our mineral heritage. In common usage "heritage" refers to the past. It means the discoveries, the developments, the mines and the processing plants, the benefits, the consequences, and the human experiences flowing from these. The history of the industry, inseparable from the history of the countries in which The Institute operates, is a rich background of which we can all be proud.But there is also a much wider meaning to mineral heritage. Our past has left us with the ab\lity to create and operate world scale enterprises generating wealth for the community, the ability to offer satisfying and challenging careers in a wide range of skills to our young people, and the willingness to follow adventurous and challenging vocations in remote areas, away from the big cities, at a time when the mentality of many is to get the most for the least effort and at the least inconvenience to themselves. The industry continues to be the repository of the pioneer spirit and a vital contributor to improving the life of the people in our countries.Thus, while our mineral heritage has much to do with the past, an essential part of it is how we use this rich past to build and shape our future. It is in this broader context that I am speaking today.

Jan 1, 1990

This short paper outlines the authorÆs views regarding the progress we have made as an industry in managing mining assets over the past 500 years. It represents a personal view û but one founded in fact-based observations of mining companies and of the mining industry in general. There is no doubt that AgricolaÆs views as expressed in De Re Metallica (1556) were visionary. There is also little doubt regarding another issue û that whilst a great deal has been learnt about the management of mines since AgricolaÆs time, observations suggest that best practice management is the exception rather than the rule across our industry. Although insights regarding the successful management of mines have become apparent, we still witness unnecessary errors in our industry that lead to the loss of shareholdersÆ funds. By highlighting some aspects of current best practice, particularly in the arena of operations management, it is hoped that this short paper contributes a small step along the next 500-year-long learning curve. The paper concludes with a brief description of the progress and impact of continuous improvement initiatives at Kalgoorlie Consolidated Gold Mines (KCGM). Located in the Kalgoorlie Goldfields, KCGM is currently AustraliaÆs largest gold mine producing over 800 000 ounces of gold per annum. Improvement initiatives at KCGM look set to deliver some $100 million in value over life-of-mine.

Jan 1, 2004

It is a very great pleasure indeed to participate in this interesting and important seminar. My two visits to Australia in the past have been extremely pleasant and this one is equally so. My task is to tell you what has been happening in the United States, in these past few years especially, in regard to the management of our air resources and to present in some detail the difficulties we in the copper, lead and zinc smelting industries have been experiencing. The sudden upsurge in interest in air pollution in the United States is a strange phenomenon indeed - strange because we've had air pollution a long time, just as long as there have been large cities using fossil fuels for heating purposes. And the problem has been studied for quite a long time. As early as 1919 studies by the U. S. Bureau of Mines were done in Salt Lake City, where I .live. In the winter of that year extensive measurements were made of airborne particles - dust and smoke. The average concentration of particles found was 870 micrograms per cubic meter of air. A very large number compared to levels we find today. A microgram of course is a very small unit, one twenty-eight millionth of an ounce. A fine human hair two inches long weighs about 100 Micrograms.

Jan 1, 1971

By Nettle W. H V

THE past few years have seen a considerable expansion of the roasting of blende in Australia. The bulk of this blende is Zinciferous concentrate from Broken Hill and now forms a very considerable source of sulphur for the acid manufacture. It will bereadily conceded that Australian sentiment is in favour of utilising all known potential wealth, especially that won from below ground, as this once disposed of is gone forever. If Australia does not make sulphuric acid from her sulphide ores we may be sure that the purchaser of these ores will do so if in any way possible. It must not be assumed, then, that the difficulties met are mentioned with the idea of undue criticism, but rather to show that, although most of the intial troubles have been overcome, there are still a few to be encountered; and with the hope that comment brought forth will aid in the solution of the problems facing an industry at present little more than in its childhood as far as Australia is concerned.Blende roasting is done in mechanical furnaces of various makes, and mostly without the aid of other fuel than the sulphur in the ore. It will be our aim to touch on the various difficulties in the order in which they occur in the train from furnace to acid plant.

Jan 1, 1926

By F De Beurs, S Davies

With the emphasis on CO2 emission legislation and the increasing price of traditional fossil fuels like coal, oil and gas, the use of alternative fuels is becoming more and more attractive for the industry, particularly for the cement industry. The variety of materials burnt in the kiln is enormous and varies from tyres, to animal meal and other waste material or by-products that would otherwise end up in an incinerator or landfill facility. This wide variety in materials demands thorough analysis to determine what elements are present in the organic matrix. The elements present may have an influence on the process or the quality of the cement. Toxic or environmental unfriendly elements may be incorporated or dissolved in the clinker phases; whereas volatile components may be present in stack emission to the atmosphere. X-ray analysis is already the key to elemental analysis in cement production, and is used here to determine the composition of these alternative fuels. The XRF spectrometer configuration used in this study is designed to overcome the difficulties associated with the analysis of strongly varying light organic matrices containing heavier elements in minor and trace-level quantities. Heavy element specific excitation conditions and three-dimensional polarised optical geometry increased the signal to background ratio and improved detection limits compared to conventional XRF spectrometers.

Jan 1, 2008

By Pease JD, Munro PD

The heavy medium cyclone plant for the preconcentration of silver-lead-zinc ore prior to grinding and flotation was commissioned in August 1982. This paper details the measures taken to get the plant up to design performance which involved modifications to the medium densifying and slimes clarifying sections. Operating experiences to date are described with emphasis on the low medium consumption recorded and severe wear on process equipment.

Jan 1, 1984

By Rautio V

The mining sector has been automated and robotised very rapidly during the last few decades. The organisation of work, schedules and housing has been modernised from the traditional modes of industrial society toward the more flexible modes of

Jan 1, 1998

By Briggs D

Comparing the results of a plant trial by averaging performance measures collected during the trial with measures collected before and after the trial is often quite subjective because of the impact of natural variation on the process. This is

Jan 1, 1997

A brief review of currently available "commercial" information on methods of treating ilmenite s to produce high titanium content "upgrades" is made. In this back- ground the CSIRO/Murphyores Process is described and its relationship to other methods Discussed.

Jan 1, 1972

By El-Ansary M

Estimation of in-situ resources and recoverable ore reserves for the Boddington Gold Mine feasibility study was done by applying an essentially "classical" ore reserve method. This relied completely on customized graphics-based computer software requiring close co-operation and interaction between geologists and mining engineers. All geological and mining outlines were interpreted and digitized manually. Classification of selectively mineable reserves into ore, marginal and waste categories was done using a method involving convolution, devised by Dr S Carras of the Systems Research Institute of Australia, and Mr R Hooper of Kinhill Stearns. The estimation process was complicated by the frequently conflicting requirements of the various joint venture partners. The resulting ore reserve figures therefore satisfied only the most general expectations of each partner.

Jan 1, 1987

Two ends of a longwall face are not only concentrated locations of equipment, but also provide ventilation and access. The roof strata stability here has an important influence on mining coal and safety. Based on field obser- vations in the gateways at Zaozhuang Colliery (Shandong Province) and model tests, the author developed a structural model of the overlying strata at the ends of the longwall face - the arc triangular cantilever plate - to which the elastic theory of plates can be applied. Factors influencing the stability of the cantilever plate and its breaking character- istics are discussed. Requirements and design parameters for supports at face ends are pro- posed, based on these factors.

Jan 1, 1986

By Edwards A. B

This paper presents the results of an examination of four samples representative of the low-lead matte, high-lead matte, lead speiss and antimony speiss, respectively, produced during smelting operations at Port Pirie Smelters. The investigation was undertaken at the request of the Broken Hill Associated Smelters Pty. Ltd., as part of the research programme of the Mineragraphic Section of the Council for Scientific and Industrial Research.Analyses of the specimens are as follows:-

Jan 1, 1949

Instantaneous outbursts have occurred at Metropolitan Colliery from the pick and shovel work of early days to the modern mining techniques of today. Developments have been the introduction of an emission index to measure the proneness of the coal to outbursts, drainage and destressing by large diameter holes, attempts at higher productivity by the introduction of pulsed infusion shotfiring and improvements in ventilation. The future plans and aims for the Colliery include prediction of outbursts, seam gas pre- drainage and longwall mining.

Jan 1, 1980

By Junpeng L, Huiguo Q

Field instrumentation was installed to monitor ground and lining behaviour during and after construction of the Mount Shaughnessy Tunnel (Rogers Pass Short Tunnel) in Canada. The instrumentation was placed in a soft ground section of the tunnel at its crossing with the Trans Canada Highway. The tunnel was excavated through a dense bouldery soil. Presentation of the field data and inter- pretation of the tunnel performance from a geological-geotechnical point of view form the basis of this paper. The loss of ground due to the tunnel excavation was found to be exceptionally small. This has been attributed to the unusually high strength and stiffness of the host soil. Evaluation using the Boundary Element Method, together with a simplified analytical technique, were applied to assess the relevant soil parameters and their influence on the tunnel performance.

Jan 1, 1987

Nickel laterite approximately 40% of the remainder caning deposits. ores are the source of the world's nickel with from sulphide ore Although laterite ores are near the surface and cheap to mine they require significantly more energy to treat than sulphide ores. The escalation of oil prices comiencing in 1973 meant that nickel laterite refineries using oil as an energy source were placed at distinct disadvantage relative to sulphide refineries or those with coal derived energy. The Queensland Nickel refinery commenced a construction programme; in 1980 to allow ore drying and power generation to be converted from oil to coal. Since late 1981 ore drying has been undertaken using heated air from two moving grate spreader grate stokers. The changeover from oil to coal drying proceeded without process disruptions. This paper discusses the plant changes required to allow the receipt of coal and the operating performance obtained from the coal fired air heaters.

Jan 1, 1987

By Carter A. C

The increasing need for alternative energy sources as well as the less clearly perceived but equally increasing demand for non-fuel minerals has resulted in extensive exploitation of near surface deposits. Many such deposits have depleted reserves and mining corporations are increasingly turning their attention to deposits, with thicker overburden, less competent materials, steeper dips and more complex structure. These deposits pose mine layout, geotechnical and equipment problems as well as the need for large outputs to achieve economies of scale. The paper describes the major problems and operational solutions for such deposits using continuous excavation and transport equipment.

Jan 1, 1980

This paper discusses how the i-kon TM Digital Energy Control System may be deployed by miners of massive underground orebodies to deliver significant advantage in terms of safety, cost and environmental compliance. Digital Energy Control offers an exciting opportunity for mine operators to review their blasting and mining practice to gain the most advantage from this new technology.

Jan 1, 2000

By W van der Westhuizen

Mining professionals recognise the need and application for reconciliation and value tracking. It is necessary however to examine our current reality, and evaluate the following. Do our reconciliations really balance correctly, and are we able to track value effectively throughout processes? If we are honest, in most operations the answer is a resounding no. This means that we are surrounded by fluctuation and deviations that we do not account for and do not understand. This is astounding, because given our level of scientific knowledge and the technological tools at our disposal we should have a good understanding of our environments and be able to manage them effectively. How do we manage effectively if we are surrounded by so much uncertainty? The purpose of this paper is to describe, at high level, the principles of reconciliation and value tracking, to highlight some areas where deviations are introduced into the mining process, and to propose a different approach to the apparent reconciliation and value tracking conundrum. The paper also poses several questions that need to be critically addressed at most operations. Instead of making the same mistakes each month in reconciliations, mining professionals need to acknowledge two facts. Firstly there will be uncertainty that we need to accept, since all our estimates are based on sampling, an orebody is not homogeneous and peopleÆs behaviour will influence the process, etc. Variability will always exist and lead to uncertainty. What is the current approach in the reconciliation process when a deviation occurs and how do we use reconciliation and value tracking to manage and improve our business? The second fact is that we need to stop using reconciliation and value tracking to only measure and report. We need to adopt a new approach to manage mining throughput, where reconciliation and value tracking are enablers to the success of the business. In most mining operations, significant effort goes into planning and measurement for the purposes of reconciliation and value tracking. The importance of accurate and effective reconciliation and value tracking should be to ensure the maximum utilisation of the resource, maximising throughput and enabling the business to deliver a product to its client, of the correct quality and in a timely manner.

Jan 1, 2002