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Economic evaluations of mineral projects are based on discounted cash flow analyses, followed by sensitivity and risk analyses. However, the global macroeconomic and political environment in which the mineral industries operate have a profound effect on the viability of individual projects. Since the oil crises of 1974 and 1980, demand patterns for minerals have become much more variable and prices more volatile. Significant changes in the geographical distribution of world mineral supply and demand are underway, and the mix of minerals used is also changing. Social and political factors are as important as economic and technical factors in determining the viability of mineral ventures. Economic evaluation of mineral projects have to be undertaken in a more uncertain and risky environment. They can no longer be reduced to a number crunching exercise.

Jan 1, 1987

By Brown P. L

A study has been made of the geochemistry of the Ronneburg mine district as input to the overall management strategy for the rehabilitation of the mine site. The study drew on the geological data and information store developed over the 40 years of mineral exploration and mining at Ronneburg, and on chemical data from the literature which described the chemical processes of weathering, oxidation, dissolution and precipitation of minerals. The geochemical processes were divided into three groups based on their rate of reaction. Fast processes were assumed to proceed to equilibrium and were modelled using equilibrium chemistry equations; slow processes were assumed to be proceeding at a quasi-steady state rate and were modelled using chemical rate equations; very slow processes were assumed to have no role in describing the geochemistry for rehabilitation purposes.

Jan 1, 1995

By M L. Habner, S D. Munro

In a gold CIP/CIL circuit, adding new circuit water to a final tails thickener and then directing the thickener overflow to the head of the circuit significantly reduces the cyanide concentration at the TSF discharge spigot. The new water is used to dilute the final tails. The dilution and recycle of the tails in this manner may have the added benefit of reducing reagent consumption, in some cases to the point where the reagent savings justify the expenditure and Cyanide Code compliance is achieved at no extra cost. Potential circuit configurations and water recycles can be modelled by splicing a flowsheeting and thermodynamics package, such that changes to the composition of the water can be reduced to chemical speciation with a Gibbs free energy minimisation enabling a complete understanding of the circuit water chemistry.

Jan 1, 2007

By Hughson B

The need to prevent the sterilisation of coal stems directly from the fact that it is a non-renewable resource. In N.S.W. a vast amount of coal resource is located under major public utilities such as freeways, railways, stored waters, pipelines carrying gas, water and sewage, and transmission lines. Total extraction has occurred under freeways, transmission lines and pipelines with little or no damage. Where damage has resulted, the cost of restoration was only a small fraction of the value of the coal recovered. However, coal at present is being sterilised and perhaps lost for ever under stored waters and railways. If engineering solutions are available for mining under these improvements economically and with maximum safety, then coal should be extracted and utilised to the benefit of the State.

Jan 1, 1986

Gallery Stoping, an old but little used stoping method, has been reintroduced to workings at the Paringa South Shaft.Orebodies which are amenable to such a method are being mined in this manner with considerable advantages and savings.The advantages of gallery stoping as used at Paringa, compared with traditional mining methods are:1. constant cash flow2. low set up cost and initial stope development3. nearly 1005 recovery 4. no access problems 5. quicker tonnagesAs compared with highly mechanized mining methods, it has been found to be slower but requires less development, gives improved grade control, has less impact on the surrounding rock and fragmentation is much better, reducing secondary blasting costs.This paper examines the mining method and illustrates the advantages of gallery stoping at Paringa.

Jan 1, 1985

A wide variety of process streams are sampled for grade control in the mining industry. However, in many instances the overall precision of the resultant analyses is inadequate for the intended purpose, ie grade control and optimisation of resource utilisation. Consequently, special attention needs to be given to the sampling, sample preparation and analysis procedures in place to ensure that meaningful grade control decisions can be made based on the analyses generated. For example, it is virtually impossible to control a process to within, say, ¦0.2 per cent if the overall precision of the analyses is no better than 0.5 per cent. Hence, precision targets appropriate for the task need to be established and the overall precision achieved in practice monitored and controlled on an ongoing basis.

Jan 1, 2008

By Osborne V. J, Urbank W

An explosion occurred at Moura No. 4 underground coal mine in Queensland on 16 July 1986 and resulted in the loss of 12 lives. The official report of the accident concluded that the most likely source of ignition was the flame safety lamp. This paper describes an investigation of the behaviour of a flame safety lamp, similar to the one involved in the Moura explosion in atmospheres of methane, coal dust and air, carried out at the Queensland Department of Mines . Testing and Research Station. The behaviour of the lamp is described in conditions of varying methane and coal dust concentrations in air, and varying air velocity. Particular emphasis is given to the 'phenomenon of burning which occurs inside the gauze and which is capable of causing the ignition of an external explosive atmosphere.

Jan 1, 1988

Boring of a 7.5Km long tunnel under the city of Stockholm commenced in January, 1987. The 3.5m diameter tunnel will pass under the buildings and as no ground settlement is allowed, the regulation for water leakage into the tunnel is very strict. Probe drilling will be carried out continuously ahead of the boring and when water is encountered the rock has to be grouted before passing with the TBM. The tunnelling system enables probe drilling to be carried out during boring with the TBM. This has earlier been a capacity reducing factor as the whole operation has been stopped during probe drilling. The project is using a new generation TBM especially developed for hard rock formations which require higher thrust per cutter to get a high penetration rate.

Jan 1, 1987

By Clark G

The latest addition to the grinding circuit at Bougainville Copper Limited is another 5.5m by 7.3m primary mill (No.13). The mill can operate in a primary or secondary mode. Its distinguishing feature is its capability for speed variation, by means of a cycloconverter-fed synchronous ring motor. The engineering and metallurgical reasons for selecting such a drive system are described together with aspects of the installation and commissioning. Results of investigations into the relationship between mill speed and grinding efficiency are presented. It is concluded that mill speed variation within the range 70 to 80% of critical speed has very little effect on grinding performance. Beyond this range, grinding performance deteriorates. The same conclusions were reached when mill speed was varied at reduced ball charge levels.

Jan 1, 1986

In presenting size analysis data, one has the choice of various graphical techniques; each no doubt has been developed to highlight a particular aspect of the data. A frequency size distribution plot is used quite extensively to illustrate the importance of the finer size particles in iron ore granulation. However, the basis for such a plot is often not appreciated. As a result, cases of incorrect use can be cited. The aim of this paper is to extend the work of Alien (1981) and to provide, using examples and figures, a basic understanding of the implications of the various size distributions. A simplified method of presenting sizing data on a linear scale graph paper is presented and recommended. This involves a simple construction of a histogram of mass fraction versus particle size (in geometric progression).

Jan 1, 1992

By Quayle J. E

This paper covers period from 1973 through to 1988 and the mines of West Coast Mines, Elur Mine, North Mine and Risdon Zinc Smelter, now all part of the Pasminco Group. During this period, optimisation started with one mine (West Coast Mines) producing four Product concentrates with constant steady feed to the smelter and progressed to three mines producing eight products and a smelter varying feed inputs to maximise benefits. The initial optimisation was done manually using a desk top calculator and hand drawn graphs. This ultimately advanced to the use of PC plus linear programming software and spreadsheet generating relevant graphics. The financial benefits were achieved with no capital expenditure and increased from an initial $0.5 to $1.0 M/year (1973 $'s) to $5 to $10 M/year (1988 $'s).

Jan 1, 1991

The epizonal Ag-Pb-Zn vein deposit at San Bartolome is characterised by a base-metal sulphide assemblage containing the spectacular development of interpenetrating, bladed networks of pyrrhotite which have been replaced by marcasite and pyrite. A similar assemblage displaying the same crystal habits and textures are also a diagnostic feature of the Sn and Sn- Ag deposits of Bolivia. On this basis, it is reasonable to conclude that both deposits were formed from fluids of similar nature and origin. Although no economic accumulation of Sn is known in San Bartolomr, further comparison of the geologic setting, age, mineralogy, fluid inclusion data and magmatic association of this deposit with the Bolivian systems has highlighted additional similarities consistent with a hypothesis that more extensive Sn mineralisation might exist in the San Bartolomd area.

Jan 1, 1995

The four major contracts for the construction of Museum Station are: 1) Installation of Soldier Piles, 2) Structural Contract including the temporary support, 3) Architectural Finishes which include Electrical and Mechanical Services and 4) Supply and Installation of lifts and escalators. Specific areas of interest include the fabrication, installation and removal of temporary support steelwork, the monitoring of ground loading, and the interface between the structure and. the temporary support. The information collated during construction confirmed the design assumptions and criteria. No major changes'were required in the design of the construction methods. The open cut excavation and construction of this major structure in an inner city area was significant by any standard and was successfully completed with minimum disruption to the public and without damage to adjoining or surrounding property.

Jan 1, 1981

We are all no doubt aware that with today's high costs it is more important than ever to get the maximum possible return on capital invested in the mining industry. Screening is an important and often costly process in the size classification of industrial minerals and for this reason alone it is essential for both managers and operators to fully understand what type of screening equipment is best suited for a particular application and why. The advent of elastic materials such as rubber and polyurethane have added a new dimension to the process of screening. It is important to understand why the physical properties of these materials can be of benefit in the screening process, and recognise which type of screening applications best take advantage of these orooerties.

Jan 1, 1984

By Locke CA

Geophysical signatures of the Taranaki and Tongariro volcanoes reflect similarities in their age, composition and hydrothermal histories, but also reflect differences in host rock settings and edifice evolution. The Taranaki volcanoes have strong positive gravity anomalies showing that their edifices largely consist of dense andesite which reflects substantial lava production or dyke injection during construction and that large sub-edifice dykelstock complexes occur. In contrast, the Tongariro volcanoes have strong negative gravity anomalies indicating low density edifices of volcaniclastic material; no sub-edifice intrusions can be identified, probably because of the lack of density contrast with host basement rocks. Strong positive magnetic anomalies over the younger cones can mainly be attributed to near-surface andesite lavas or dykes whereas subdued magnetic effects are associated with hydrothermally altered zones within both edifices and sub-edifice intrusions.

Jan 1, 1995

A mining operation can be identified as demonstrating prudent management when a number of vital characteristics are evident.All risks and opportunities that are critical to the on-going success of the operation have been identified and are being effectively managed. All significant tasks and events are plan driven. All levels of management visibly support the policies of the operation through their attitude, behaviour and actions as well as words. Supporting evidence for required activity and the outcomes is readily available. Improvement mechanisms are working to advance the key business processes. Everyone is working towards satisfying the needs of the stakeholders of the operation. When these characteristics are integrated with the satisfaction of all legislative requirements, all industry codes and optionally all relevant international management system standards then an operation is fulfilling all the requirements of a Due Diligence Process. The majority of mining operations do not show all of these characteristics and therefore unnecessarily suffer from missed profit opportunity and constant cost pressure, less than acceptable safety and health and environmental performance and consequent poor relations with employees, unions and regulators. In these operations the characteristics to be observed are quite different.Serious incidents are occurring with no sign of a rate decrease. The operation lurches from one panic ituation to another. Management are absent in their leadership, but very active in developing rules and enforcement methodologies. The operation has no history. Re-inventing the wheel with employees who come and go at an alarming rate seems to be forever occurring. All efforts are directed at controlling the business outputs with a strong emphasis on blame. Everyone is trying to look busy to avoid the ever-present cost reduction threats. To change to more prudent management utilising a Due Diligence Process is not theoretically difficult. However it does take clear direction, focussed efforts, supporting actions with appropriate tools and perhaps most importantly an internal desire and drive to become such an operation. A Due Diligence Process is about doing the important things that have to be done, providing the understanding of why they are important, demonstrating proof of activity and effectiveness, and leading the way through effective management.

Jan 1, 1998

By Eupene GS

The valuation of exploration properties which contain no identified resources or reserves is the most subjective of all valuation tasks likely to be carried out by a geologist. The geoscience rating method proposed by Kilburn (1990) recognises this inherent subjectivity but also attempts to apply some discipline to the valuation process. Some other methods used for valuations of this type clearly lack discipline and are open to misuse and abuse. The Kilburn method essentially requires the practitioner to justify all aspects of the valuation process. The valuer must specify and, more importantly, quantify aspects which enhance or downgrade the intrinsic value of each property. The intrinsic value is called the ""base acquisition cost"" (BAC) and it represents the average cost to identify, apply for and retain a base unit of area of title. The BAC and base unit of area both vary with different types of exploration and mining title but remain constant for similar types of titles in the same mineral tenure regime. In the Kilburn Method the enhancement/ downgrading factors are determined by the geotechnical prospectivity (Kilburn Method) within the title. A modified version of the Kilburn Method presented here (""Modified Kilburn Method"") also focuses attention on other real variables besides the geotechnical attributes which influence valuations of this type, viz., competition for tenure and activity in the markets in which the exploration properties are being traded. The most active such market at present is the stock market. By utilising uniform BACs and base units of area (for similar titles) for all exploration properties (in practice in Australia this is only possible within a particular State or Territory), the method exposes the valuer's opinions of each of these variables to the scrutiny of the investor. The investor (or his professional adviser) is afforded the opportunity to directly compare valuations on different properties by different practitioners and can assess how the final valuation is weighted in respect of geotechnical prospectivity, competition for tenure, and stock/financial market sentiment. No other method currently employed in Australia to value mineral exploration properties affords the investor this `luxury', which some may argue is their right.

Jan 1, 1994

By Ö Aydan

Rock dynamics is one of the most important topics in the field of rock mechanics and rock engineering. The spectrum of rock dynamics is very wide and it includes the failure of rocks, rock masses and rock engineering structures such as rock bursting, spalling, popping, collapse, toppling, sliding, blasting, non-destructive testing, geophysical explorations, science and engineering of rocks, earthquakes, and impacts. Undoubtedly, the rock dynamics issues in Mars would remain to be the same. Although mankind has no direct access to Mars yet, the Mars exploration rovers (Opportunity, Sprit, Curiosity and Perseverance), Mars Reconnaissance Orbiter and InSight Lander provided very valuable data so that some rock dynamics issues can be recognised. The author reports his considerations on rock dynamics issues in Mars from very careful examination of images and data provided from MERs and MRO and discusses their implications.

Nov 29, 2022

The scale and seriousness of AustraliaÆs social and environmental problems are no longer in doubt. We are consuming the opportunities of future Australian generations by our lifestyle choices. And at the global level, human activities are altering the very systems on which our species depends. Doing nothing about such problems as climate change is not an option. It is possible to move to a sustainable future but it will require fundamental changes to our values and national social institutions. We must recognise that we share a common future with the entire human family and the other species with which we share the planet. It is not just our humanitarian duty to improve the lot of the poorest people of the world. It is also enlightened self-interest because a world of increasing inequality will be a world of increasingly destructive tension.

Jan 1, 2004

Indonesia remains relatively unexplored by modern methods. The great expectations created by the rush of companies taking up Contracts of Work over large areas during the epithermal gold/ring-of-fire boom (1985-7) have not been fulfilled. This is not necessarily a reflection on the prospectivity of Indonesia; on the contrary, many of the hopeful companies were,, under-staffed and under-financed to overcome the physical and logistic problems of exploring virgin jungle.After the stock market crash of 19th October, 1987, many of the weaker companies were unable to sustain their programs or to arrange farm-outs, and they have subsequently relinquished their tenements. In some cases, little or no field work has been carried out so that many areas remain untested. This poor performance will ensure much more rigorous scrutiny of future applications by the Indonesian authorities.

Jan 1, 1990