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By R. E. Robinson

I shall present a concept for the development of the resources of this country and its neighbours that repre¬sents a fantastic challenge to our scientists and entre¬preneurs. This concept offers prospects of development that must make our previous achievements seem equivalent only to the first act in a drama enacted on the stage of Southern Africa. I hope to illustrate how, in Act Two, chemistry will play a dominant role, and chemists and chemical engineers will be among the principal actors.

Jan 1, 1980

By C. M. G. Wortley, N. Randolph, I. Ralston, R. D. Beck

The ?AMIRA Metal Accounting Project? had its origin in a workshop held in Cape Town on 1 August 2001, with the title ?Challenges in Metal Accounting and Information Management?, which was organised by the Western Cape Branch of the South African Institute of Mining and Metallurgy. This workshop identified the lack of an accepted set of standard procedures for metallurgical accounting as an industry-wide problem. Discussions which followed this workshop led to the initiation of the AMIRA Project P754, ?Improving Metal Accounting?, in 2003. The primary objective of the project was to provide tools for improving the auditability and transparency of metal accounting from mine to product and to facilitate good corporate governance. The planned deliverables of the project were a series of research projects into aspects of metal balancing in different types of metallurgical operations, a Code of Practice on Metal Accounting, and a textbook on the subject which could serve as a guide for metal accounting practitioners and students studying the topic. An additional planned deliverable was the provision of a new variety of professional experts in metal accounting, through successful completion of the research projects. Researchers were engaged at the Universities of Cape Town, Queensland and Stellenbosch and the project was sponsored by five mining companies, including three of the largest global mining groups. Research Program Eight research projects were undertaken as part of the P754 project and these are described briefly here to indicate the scope of the project. University of Cape Town ?Development of a methodology for measurement network design for metallurgical accounting at Namakwa Sands?. This project was based on the Namakwa Sands Separation Plant, with a data rich environment, and involved the investigation of measurement network design through the use of heuristics and the analysis of complex processing circuits. An industry-wide survey of current practice to facilitate the development of an expert system for plant accounting measurements was carried out. ?Metallurgical accounting design at the Waterval UG-2 Concentrator?. The objective of this project is to develop a model for predicting metal recoveries from the different components of a blended ore feed to a plant. ?Optimal measurement network design for metallurgical accounting at Zincor?. This project provided a hydrometallurgical test case for the design and evaluation of a semi-automated optimal measurement network. University of Queensland ?Quantifying the relationship between mine and mill?. This project involved a case study at North Parkes Mine, in which copper and gold ore is tracked from the pit source to the product, as well as a stockpile modelling study. University of Stellenbosch

Jan 1, 2007

The November General Meeting of the Branch was held at the S1. Helena Club on Friday, 15th November, 1968. Mr. J. G. Kirchner (Chairman of the O.F.S. Branch) was in the chair. There were also present: President: Mr R. C. J. Goode. Eighteen Members: Mr A. E. Gilfillan (Council Member), Messrs T. Zadkin, J. N. Saunders, N. A. Honnet, D. D. Waterman, C. R. Netscher, (Committee Members), Messrs G. Thorburn, Z. Lombard, H. V. Henwood, C. J. Isaac, S. L. S. Swart, J. D. McNamara, H. H. Schellhorn, J. W. Wilson, G. C. P. Labuschagne, L. J. Thorne, R. C. Espley-Jones, J. Handley. Seventeen Associate Members: Messrs H. J. Reeders, R. Campbell, P. A. Hoffman, D. E. Couperthwaite, M. D. de Lange, G. J. C. Young, G. W. Futcher, U. Visser, F. H. De Groot, E. Schmid, K. G. Pearce, D. A. Viljoen, H. W. M. Eschenburg, R. Still, W. B. Howe, A. H. Edwards, R. H. Drake. Three Graduates: Messrs T. R. Stromsoe, J. G. Cockburn, T. A. Ward. One Affiliate: Mr O. A. Huss. Twenty-three visitors. Total present: 64. Apologies were reseived from Messrs L. O. W. Leimer, V. C. Barnes and A. Louw. WELCOME TO VISITORS The Chairman declared the meeting open and extended a special welcome to the following: Mr R. C. J. Goode, President of the S.A. Institute of Mining and Metallurgy; Mr A. E. Gilfillan, Member of Council and Mr D. A. Viljoen, all from Johannesburg. Also to Mr J. D. McNamara, the guest speaker for the evening who had made the trip from Oranjekrag. MINUTES OF PREVIOUS GENERAL MEETINGS The minutes of two meetings, viz., the General Meeting held on 26th June, 1968 together with those of the Annual General Meeting held on 14th August, 1968 were taken as read and their adoption moved by Messrs T. Zadkin and D. D. Waterman. MATTERS ARISING FROM THE MINUTES There were no matters arising from the minutes. ADDRESS BY PRESIDENT OF COUNCIL, MR R. C. J. GOODE With regard to the 75th Anniversary of the Institute, the President called upon those present to bear the following two dates in mind, viz.: 21st March, 1969-Banquet at the Wanderers' Club, to which ladies are invited. 24th March, 1969-General Meeting at Kelvin House at 9.30 a.m., the speakers being the President of the Institute, the President of the Chamber of Mines and Dr H. J. van Eck.

By K McLeod

{Figure 1} The Placer Dome-Western Areas Joint Venture?s South Deep Twin Shaft Complex, has been planned and dreamt of for nearly 20 years. [ ] The gold reserve at the bottom of these shafts is one of the largest single intact gold deposits remaining in the world today, containing an estimated 57 million ounces. This is about the size of the fictitious reserve created by inventive prospectors for the infamous BREEX scam in Kalimantan about ten years ago and about the size of the reserve Harmony claims as its own in it?s current hostile takeover bid for Gold Fields. So it is certainly of the magnitude that dreams are made of. [ ] {Figure 2} The unique orebody lies in a continuous, highly concentrated, thick deposit, an estimated twelve kilometres along dip and a two kilometre wide strike. Due to the thickness of some sections of the reef, up to 60 metres in places, bulk mining methods will be required for it?s extraction. [ ] {Figure 3} The twin shaft system comprises a main shaft which had an initial design depth of 2765m and a ventilation shaft of 2760m, making them the world?s deepest to be sunk in a single lift. The shafts were

Jan 1, 2005

By G. E. Rencken, J. H. Potgieter, A. Narain, J. Smith

To conserve fresh water resources and comply with environmental regulations, DRDGOLD, a South African gold producer re-treating surface tailings, has transitioned to a fully closed water circulation system. Consequently, the accumulation of contaminants, as well as addition of reagents, has led to changes in water composition that have compromised leach performance and overall gold recovery. A two-sample t-test confirmed a significant difference in gold recoveries between the use of Rand Water, which was used as a benchmark, and untreated process water. Atomic absorption analysis of ERGO’s process water, confirmed the presence of iron, nickel, zinc, and manganese. A study of the effect of the identified contaminants on gold recovery showed that iron, nickel, and zinc have the largest negative effect on gold recovery, with iron and nickel being more detrimental than zinc. Sulphates were shown to have a possible passivation effect, which also influenced gold recoveries, although to a lesser extent than the heavy metals. Calcium, when present in excess, had a positive influence on gold recovery indicating the possible formation of a calcium aurocyanide complex. Lime softening successfully reduced the heavy metal and sulphate concentrations, and the gold recoveries obtained with the treated process water were similar to those as achieved with Rand Water.

Jul 1, 2021

By P. O. Akinseye, F. T. Cawood

Mineral royalties are one of the oldest forms of mining taxation, and were initially introduced to extract economic rents from mining. Over time, the royalty regime has become more complex as it was identified as an important policy instrument that can achieve more multi-faceted outcomes. Such a multi-tiered approach in the use of the royalty instrument is also the case with South Africa. With South Africa’s new mineral royalty regime now in place for ten years, it is perhaps time to assess its impact and effectiveness. To carry out this assessment, an econometric evaluative study was undertaken using four major commodities in South Africa, namely gold, platinum, iron ore, and coal. The study explored five different policy options for government to consider and tested them to determine the most favourable one that will realize the regime’s policy objectives. After the assessment, two major options stood out. Hence, this paper seeks to highlight which of the two options is the most favourable for consideration by policymakers. Based on that study, we find that the current structure is effective, but also recommend that the factors in the formula for refined minerals be ‘modified’ to reduce the capped profitability ratio from the current 60% to 30% and the maximum royalty rate for refined minerals from 5% to 3%. The minimum rate of 0.5% during times of depressed mineral prices and no or low profitability will not be affected.

Dec 1, 2021

Mr D. Twigg graduated in Metallurgy at the Sheffield Polytechnic, and later obtained a Master of Science degree at the University of Bradford. Mr I.D. Matthews matriculated at Roosevelt High School and joined the No. 1 Parachute Battalion in 1968. He worked in Zimbabwe for 31 years in geological prospecting, civil engineering, and open-pit mining.

Jan 1, 1985

By M. J. Voigt, R. A. Govender, A. Mainza, L. Bbosa

"Mineral texture is a critical factor which controls ore variability and is an important attribute in geometallurgy. In relation to downstream processes, it affects the fracture pattern during breakage, where rock strength is inherently a function of mineral texture. Because of the subjective nature of mineral texture, it has not been easy to quantify, especially in the context of a measurement suitable for use in geometallurgical programmes. The aim of this paper is to present the first steps in developing a 3D mineral texture quantification method for drill core and to assess its sensitivity to differences in rock strength using a case study. The methodology includes classifying the textural information using the 3D grey level co-occurrence matrices (GLCM) and X-ray computed tomography (XCT) coupled method. Rock strength tests were performed using the split Hopkinson pressure bar (SHPB). The case study investigates a heterogeneous polymetallic sulphide deposit and a homogeneous shale subdivided into three ’mineral textural types’. The variability is largely captured by the GLCM matrices, and preliminary trends can be observed where the shale is finer grained and has a higher yield strength in comparison with the coarser grained polymetallic sulphide ore. IntroductionModern mining requires the exploitation of lower grade and more complex, heterogeneous orebodies to address the growing industry demands. Historically, processing plants were designed and built based on average ore characteristics and therefore are relatively inflexible when facing the full spectrum of ore variability in heterogeneous orebodies (Lamberg, 2011; Lotter, 2011; Schouwstra et al., 2013). The practice of geometallurgy represents an opportunity to manage ore variability in the mining industry (Powell 2013; Baum, 2014; Yildirim et al., 2014; Nguyen, 2013). It focuses on quantifying the relationships between ore characteristics and their downstream mining and processing responses, often starting with small-scale laboratory testing. The purpose of geometallurgy is linked to maximizing the net present value (NPV) of an orebody by minimizing technical and operational risk – where ‘ore variability’ is considered one of the most significant technical risks."

Apr 1, 2019

Brigadier R. S. G. Stokes of Sherborne, Dorset, is the oldest surviving member of the South African Institute of Mining and Metallurgy. He joined in 1904 and has been a member for 77 years. Book review Sittig, M. Hand book of catalyst manufacture. Park Ridge (U.S.A.), Noyes Data Corporation, 1978. The detailed information in this book is based on patents issued in the U.S.A. that deal with catalysts and their commercial technology. Project management The South African Institute of Mining and Metallurgy is to hold a Colloquium on Project Management in the Metallurgical Industry in March 1980. Ingenieurs-in-opleiding in die weermag Op 'n onlangse vergadering van die Suid-Afrikaanse Raad vir Professionele Ingenieurs is daar besluit om kwytskelding van jaargeld aan geregistreerde ingenieursin- opleiding wat tans met hulle tweejaar nasionale diensplig besig is, te verleen met dien verstande dat.... Engineers-in-training in the army At a recent meeting of the South African Council for Professional Engineers it was resolved that a remission of annual fees would be granted to registered engineers in- training who are doing compulsory two-year national service, provided that.... Processing of fine particles The Society of Mining Engineers of AIME is organizing an International Symposium on Fine Particles Processing, which is to be held in Las Vegas from 24th to 28th February, 1980. Economics of precious metals International Precious Metals Institute announces a Special Course for all interested in economic aspects of today's precious metals.

Jan 1, 1979

By A. S. Ratnayake, H. C. S. Subasinghe

In this study, we review the role of mechanical activation in the pyrometallurgical, hydrometallurgical, and electrometallurgical processing of titanium feedstock. Mechanical activation has been shown to decrease the activation energy of chemical reactions, thus enhancing process efficiency and product quality by reducing processing time and energy consumption. Pyrometallurgical processing is energy-intensive and time-consuming. Hydrometallurgy is costly, requires high-grade feed material, and generates toxic waste. Waste generation and process complexity are the major drawbacks of electrometallurgy and solvent extraction. Bioleaching via a mechanically activated pyrometallurgical process can be identified as an alternative method, but the lengthy processing time is the major disadvantage. Mechanically activated titanium concentrate can be used in a finely tuned combined metallurgical process to overcome the challenges and drawbacks in these technologies.

Aug 3, 2023

By M. Z. Naghadehi, E. Emami, J. Sattarvand, R. Battulwar

In this paper, a methodology for a computerised recognition of joint sets on 3D point cloud models of rock masses is presented. The process starts with classifying joints on a 3D rock mass surface through training a deep network architecture and validated using manually labeled datasets. Then, individual joint surfaces are identified using the Density-Based Scan with Noise (DBSCAN) clustering algorithm. Subsequently, the orientations of the identified joint surfaces are computed by fitting least-square planes using the Random Sample Consensus (RANSAC). Finally, the joint planes are classified into different joint sets, and the dip direction and dip angle for each set are calculated. The performance of the proposed methodology has been evaluated using a case study. The results show that the presented procedure is fast, accurate, and robust.

Sep 1, 2021

By Y. Chen, D. He, J. H. Potgieter

The demand for rare earth elements (REE) is increasing rapidly owing to the emergence of new cleanenergy and defense-related technologies. China’s dominates the world production of REE. In this paper, we review the ore characteristics of four typical REE deposits in China and discuss the conventional beneficiation techniques, including gravity and magnetic separation, flotation, and hydrometallurgical processing of these ores. Some of the latest laboratory findings and industrial applications, as well as the development of novel reagents for REE processing in China are presented. The REE beneficiation technologies developed and employed in China could constitute a good case study for many other emerging projects being explored around the world.

Mar 2, 2022

By S. Lohmeier, D. Gallhofer, B. G. Lottermoser

Reprocessing of historic gold tailings is a common activity in South Africa, while base metal tailings offer similar reprocessing potential. The historic base metal tailings of the Namib Pb–Zn mine (Erongo Region, Namibia) still contain valuable resources of Pb and Zn in carbonate-rich matter. Micro-analysis of primary ore minerals identifies some galena as argentiferous and sphalerite as the principal host of Cd. This study demonstrates that knowledge of primary ore mineralogy helps to reveal the hosts of valuable commodities (Ag, Cd) and that field-portable X-ray fluorescence tools allow precise and accurate determinations of major and minor elements like Zn and Cd in such carbonate-rich material. Although there are limitations to directly determine the contents of certain element (i.e., As, Sb, In), linear correlations allow prediction of the likely abundance of these elements. Providing that the inter-mineral and inter-element relations are understood and there is consistency in sampling and analytical methodology, portable X-ray fluorescence analysis is an effective method to evaluate the chemical characteristics of base metal tailings for a range of major and trace elements.

Sep 9, 2024

Die Suid-Afrikaanse Instituut vir Mynbou en Metallurgie het 'n paar jaar gelede 'n toekenning vir voortreflike akademiese prestasie deur vierdejaarstudente aan technikons ingestel. Disinvestment campaign by COLIN M.SPENCE As President of the Federation of Societies of Professional Engineers, which is an organization representing twelve institutions of the engineering profession comprising over 18 000 engineers of all kinds-of whom over 15 000 are either professional engineers or engineering graduates-I have been asked to make a statement on the disinvestment campaign on behalf of the profession.

Jan 1, 1985

By T. Chikande

"Falls of ground pose costly hazards to personnel and equipment and thus measures should be taken to prevent them. This study endeavours to improve the support systems used in geotechnically poor ground at a Zimbabwean platinum mine by analysing the status quo and recommending an effective support system. Various techniques were used to determine the quality of ground conditions, predict the rock mass behaviour, and to identify the appropriate rockbolt type. An analysis of the current ground control methods and their limitations was also undertaken.The results showed that the current support system and mining practices in poor ground need to be modified to improve safety and productivity. Stoping overbreak is influenced by poor ground conditions and the explosives currently used. The use of emulsion is recommended to replace ANFO. Redesigning of pillars is also recommended in poor ground conditions. An evaluation of the current roofbolt system indicated an opportunity for improvement. With new insight on the performance of the shorter length roofbolts currently in use, a new support system was recommended taking into consideration cost-benefit analysis. Barring down using pinch bars in poor ground was seen as a risky and time-consuming exercise, hence the use of mechanical scalers is recommended to achieve zero harm and to meet production targets. Smoothwall blasting is recommended in poor ground to minimize excavation damage. Other recommendations include the use of hydrological surveys to determine groundwater levels and implement corrective measures. Both empirical and numerical modelling approaches need to be utilized in determining the optimum support. IntroductionThe presence of geological discontinuities such as faults and joints weakens the rock mass. Adequate support is critical in achieving zero harm in underground mines. This paper reviews the current support systems used in poor ground conditions at a Zimbabwean platinum mine. The area of research is located on the Great Dyke of Zimbabwe. The mine exploits platinum group elements (PGEs) and base metals. It is shallow, having a maximum depth of less than 300 m. The Great Dyke is the second largest reserve of PGEs, following the South African Bushveld Complex (Oberthur et al., 2012). It is a linear layered intrusion that extends for about 550 km with a maximum width of 11 km (Prendergast, 1989). The generalized section of the Great Dyke is almost like a trumpet, comprising layers that dip towards the centre. The reef exploited at the mine, the Mineralised Sulphide Zone (MSZ), is located in the pyroxenite layer, which is hosted in the ultramafic sequence. The MSZ is a uniform layer about 2– 3.5 m thick, dipping at around 10–14° from surface outcrop towards the axis of the basin, and located between bronzite and websterite horizons. The visible disseminated sulphide mineralization shows a typical and consistent vertical distribution of platinum group metal (PGM) and base metal values. The research was undertaken to review the current support systems used in geotechnically poor ground conditions in a bid to improve both safety and productivity."

Jan 1, 2016

"The management of outlier grades in positively skewed gold distributions is a contentious issue. Incorporating outliers in standard ordinary kriging (OK) estimation procedures in a way that honours the data without smearing extreme grades into surrounding areas has been problematic. Cutting or capping of outliers to mitigate their influence in estimation techniques is common practice, while methods that manipulate the OK system of equations fail to honour the data. We propose a method of post-processing of kriging weights that provides realistic OK estimates and mitigates smearing without manipulating kriging equations or changing the original grades. The method requires that the data is not clustered, is approximately equally spaced, and is of the same support. Positively skewed data is ordered on attribute grade and nonlinearly transformed to a Gaussian histogram of categorical bins whose frequency is based on their likelihood of occurrence and location in the sample distributions. Factors that restrict kriging weights are calculated by dividing the percentage frequency of data in each bin by the percentage frequency of data in the bin with the highest frequency. Restriction factors applied to the kriging weights in the OK estimation restrict the range of influence in proportion to their probability of occurrence in the distribution. Smear reduction post-processing is easy to implement and addresses issues arising from negative kriging weights while considering the spatial location of samples, the sample grades, and their probability of occurrence. The method mitigates both smoothing and conditional bias.IntroductionOutliers are sample observations that deviate considerably from the standard or expected (Hawkins, 1980). These deviations can be high or low in grade depending on the distribution. The presence of outliers in a mine sampling campaign could provoke mixed reactions. Mining engineers might view high-grade outliers as a promise of achieving higher grades, while the geostatisticians view outliers as affecting the accuracy and precision of the overall estimate, among other issues. Having identified outliers, the geostatistician must decide how to account for their presence and treat them so that true underlying estimates are not distorted. Advanced knowledge of the deposit allows the geostatistician to identify and treat outliers acceptably, especially where samples are limited in number and the true grade distribution is uncertain. If ignored, or treated incorrectly, outliers are likely to lead to smearing of extreme grades into the surrounding estimates, thereby steering regions towards potential under- or over-estimation."

Apr 1, 2019

By S. Michael, T. E. Moongo

Electrowinning consumes a substantial amount of electrical energy, and owing to the ever-increasing unit cost of electrical power there is a need to improve current efficiency in the process. This research was carried out to design a continuous quality improvement framework for improving electrowinning current efficiency by applying statistical process control (SPC) on an online industrial copper electrowinning operation. A sequential mixed research methodology was applied and a statistical software package utilized for analysing data. It was concluded that metallurgical short-circuits (hotspots) had the most significant effect on current efficiency. Bringing hotspots under statistical control resulted in a 5.40% improvement in current efficiency, which is equivalent to approximately 74 t of 99.999% pure grade A copper cathode production over a period of 1.5 months.

Jan 1, 2021

By L. Schernikau, W. H. Smith

Oil, coal, and gas account for approximately 80% of global primary energy, but only a portion of total airborne CO2 eq (approx. 35% at GWP20 to 65% at GWP100), even though they account for 95% of total measured CO2 emissions. The benefits of these energy sources, as well as their related costs, are not all incorporated in current energy policy discussions. Global greenhouse gas policies must include documented changes in measured airborne CO2 eq to avoid spending large amounts of public funds on ineffective or sub-optimal policies. The authors examined airborne CO2, which is less than half of emitted CO2, as well as reported CH4 emissions and the global warming potential of CH4 as published by the IPCC for coal and natural gas. The surprising conclusion is that surfaced-mined coal appears ‘better for the climate’ than the average natural gas, and all coal appears beneficial over LNG. Therefore, current CO2-only reduction policies and CO2 taxes are leading to unintended consequences and the switch from coal to natural gas, especially LNG, will not have the desired impact of reducing predicted future global warming; in fact, quite the contrary. A large portion of anthropogenic global warming is attributed by the IPCC and IEA to CH4, but it must be noted that CH4 emissions from natural sources and from agriculture account for approximately 40% and 25% of annual global CH4 emissions respectively. Energy accounts for about 20% of documented CH4 emissions. CO2 contributes only approximately 35% of annual airborne anthropogenic GHG emissions after accounting for CH4, over a 20-year horizon. At a 100-year horizon, the contribution of CO2 increases to approximately 60%. Energy policies that do not consider all GHG emissions along the entire value chain will lead to undesired economic and environmental distortions. All carbon taxation and CO2 pricing schemes are incorrect and need to be revised. At IPCC’s GWP20 an approximately 2%1 higher loss of CH4 across the value chain prior to combustion of natural gas versus coal will lead to ‘climate parity’ of coal with natural gas. According to public data, natural gas value chains have high CH4 and undocumented CO2 losses. On a global average, using only IEA-documented CH4 data, natural gas emits approximately 15% more CO2 eq than surface-mined coal, over a 20-year horizon. This difference will increase as the use of shale gas and LNG expands. Investors should support all energy systems in a manner that avoids an energy crisis, including intermittent renewable energy systems where they make sense. If CO2 emissions need to be reduced, one of the most effective ways would be to install ultra-supercritical power plants with CCUS technology. However, the undisputed benefits of increased CO2 concentrations in the atmosphere because of its promotion of photosynthesis and plant growth effects (fertilization) need to be considered in energy policy decisions as well. The authors suggest that future research and development should concentrate on reducing net emissions from fossil fuel power plants and providing cost-effective and reliable new conventional power generation capacity, utilizing clean coal and clean natural gas technology.

Mar 2, 2022

By B. McFadzean, M. Tadie, T. Dzingai, M. Becker

Ores from a single deposit may exhibit extensive variability in their mineralogy and texture. The ability to quantify this variability and link it to mineral processing performance is one of the primary goals of process mineralogy. This study focuses on the effect of alteration in three platinum group element ore samples from the Great Dyke in Zimbabwe – two of which were more pristine compared to the third, which was locally classified as ‘oxidized’ ore. These ores are known to be characterized by varying degrees of alteration, resulting in numerous challenges in flotation and affecting both grade and recovery. Alteration, by near-surface oxidation, of the valuable base metal sulphides and platinum group minerals resulted in lower flotation recoveries of Cu, Ni, Pt, and Pd. Evidence of incipient oxidation was more readily observed in the base metal sulphide assemblage than the platinum group mineral assemblage, even though the loss in recovery (because of oxidation) was most significant for Pd. Alteration through hydration resulted in a significant increase in mass pull and dilution of concentrate grade through the inadvertent recovery of naturally floating gangue comprising composite orthopyroxene and talc particles. In this study, the amount of naturally floating gangue was more strongly correlated with the talc grain size distribution than the grade of talc in the flotation feed. The oxidation and hydration alteration reactions are not necessarily mutually exclusive, although one may be more dominant than the other, giving rise to ore variability.

Sep 1, 2021

By S. F. Burks

"This paper develops themes explained at two SAIMM platinum conferences. Optimization techniques can be used to significantly increase the value of mining businesses by enabling better long-term planning decisions. Open pit and underground mine design, mine scheduling, cut-off grade and blending, stockpiling, and the linking of these to flexible elements of the metallurgical recovery processes are all evaluated together. Transport or sale of intermediate products and the requirements of the product metal markets can also be considered. Experience shows that net present value (NPV) can be increased significantly, usually even before the expenditure of significant amounts of project capital. Recent studies of NPV have aimed to simultaneously evaluate the impact of the optimized financial solution on the non-financial features of a project or operation.The case study presented comprised a commercially orientated review of the prefeasibility study designs and cost estimates of a platinum group metal (PGM) project in South Africa, followed by value chain optimization and sustainability studies of the project carried out simultaneously to identify potential value uplifts to be gained and guide the owners’ team going forward into the feasibility study phase. Some of the major aspects of the project that were found to have significant potential to add value included enhancement of the business model by the application of activitybased costing and theory of constraints, focus on the highest net value portions of the orebody in the early years of production, enhanced and optimized scheduling of the underground mining operation, application of dynamic grind and percentage mass recovery from ore to flotation concentrate (also known as percentage mass pull) to optimize revenue, application of elevated cut-off grades early in the life of mine, matching of the mining and processing capacity, expansion of the operation subject to capital availability, and installation of downstream processing facilities subject to regional third-party capacities.The investigation of non-financial project features focused on demonstrating that a financially optimized solution could also have a number of other benefits. These are mentioned briefly in the paper, which aims to present the status of the project at an early stage of its development."

Jan 1, 2016