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Independent assessments of existing and projected mining operations are often required in the exchange of assets and for raising capital, requirements which are particularly prevalent where there are new mining fields, a characteristic of the Pacific Rim area. Such audits and appraisals typically consist of a geological evaluation of the ore deposits; estimates of mineral inventories and mineable reserves; assessment of mine plans and costs; assessment of ore processing methods, recoveries, and costs; assessment of infrastructure and G&A (general and administrative) requirements and costs; assessment of environmental, permitting and reclamation requirements and costs; and, finally, economic evaluation based on various discount rates and metal prices. Audits provide a challenging task for consulting engineering companies, but one well worth the effort for mine developers and those connected with financing of the mining industry.

Jan 1, 1990

The purpose of this paper is to outline the current status of financing in the Australian Gold Mining industry and to discuss a number of developments that have occurred during 1983/84.Recognising the importance of equity financing various equity issues, including project valuation, will be discussed against the backdrop of an industry experiencing both rapid growth and a changing structure.Nothwithstanding the current tax exempt status of the industry there is a trend towards more debt financing. A number of financing issues will be covered and it will be shown howvalue can be created through astute financing planning.

Jan 1, 1984

By Sinha NH

ICI Australia and CSIRO have developed a novel process for extraction of zirconia from zircon sands. The two stage process involves a high temperature step and a wet chemical processing step. A pilot plant has been operating since November 1985 at CSIRO Division of Mineral Chemistry, Port Melbourne and construction of a full scale plant isplanned at Kwinana, WA.The plant has a high degree of flexibility and is capable of producing high purity zirconia up to about 99.99% and withinspecific particle size ranges. The products are being marketed by the joint company, 2-TECH Pty Ltd.

Jan 1, 1986

By Massy-Greene RB

Limited recourse financing techniques reduce the financial exposure of equity holders to major mining projects by transfering some of the risks to the banks which provide loan funds for project development. This can only be achieved by a clear understanding of the principles involved. Engineering and management decisions on how the resource is to be developed and extracted must be made in the light of lender's requirements. The structure of sales contracts, joint venture agreements and many other documents can be important in limited recourse financing. If projections show that the debt can be repaid from project cash flow, loan agreements and other arrangements can restrict lenders ability to look to the equity holders for repayment of project loans.

Jan 1, 1981

By D C. Laurence, J Holden

Seafloor massive sulfide deposits contain bonanza grades of gold, silver, copper and zinc metals. The deposits are often found at depths of one kilometre or more. They are characterised by active chimneys or smokers venting fluids at over 300¦C, with extremely low pH values. Mining of these deposits presents risks for both industry and governments at orders of magnitude higher than terrestrial mining This paper briefly discusses some of the core risks concerning the development of SMS mining including: technical, economic, environmental, legal, social, and research and development. Until and unless these risks are eliminated or minimised, the embryonic deep sea mining industry will remain just that, and these deposits will remain a fascinating, unexploited geological curiosity.

Jan 1, 2003

By M Hino, Y Sasaki

Sustainable handling of municipal waste and sewage sludge has an important goal to recycle resources without supply of harmful substances to humans or the environment. The gasification mechanism of phosphorus from municipal waste and sewage sludge during the incineration process has been investigated to develop a phosphorus recovery system. Quadrupole mass spectrometer coupled to an electric furnace is applied to study the vaporisation behaviour of phosphorous gas phases from municipal solid waste (MSW) incinerator ash of sludge during solid-state reduction by carbon. Measurements are carried out in vacuum conditions of 2 x 10-6 Torrs and furnace temperature range 573 - 1773 K, at a heating rate of 7.22 K/minute. It has been found that most of the phosphorus is vaporised as PO2, P2 and P4, in agreement with thermodynamic estimation despite a shift in the temperature regimes.

Jan 1, 2006

The Project Financing Industry is currently being expanded en- compassing greater competition due to the improved worldwide economy. This has meant that money is in greater supply than demand for both loan and equity investment and is available for larger and higher risk ventures. The consequence of this is that the Project Financing Industry should be better able to provide more innovative forms of financing to meet the needs of mining and petroleum companies, regardless of size. Large mining and petroleum companies in Papua New Guinea should therefore be looking for ways to raise equity funds for exploration in greenfield areas, diversifying their risks through acquisition, and seeking to reduce their costs of borrowings. The small to medium sized mining sector should be looking to raise equity for increased ex- ploration on tenements and, where possible, to raise borrowings to fund expansion and further development of their projects. In summary, it is a period during which companies should take ad- vantage of available funding to augment their strategic plans and increase their long term returns to shareholders.

Jan 1, 1997

As world demand for various minerals increases the mining industry in its endeavour to satisfy this demand will, eventually,look to the extraction of orebodies which previously may have been uneconomical to mine. These orebodies may be of two types. Firstly, new low grade orebodies and secondly, remnant sections of previously mined orebodies. Some of the factors relative to remnant mining operations are discussed and the potent- ial of remnant mining in providing an important contribution to future world metal production is considered.

Jan 1, 1975

The proponents of new mining projects always run the risk that their project is deemed to be not in the public interest. Nothing to be done here except to try and pick it earlyùit is, after all, the approvals process that is supposed to screen such projects out. But there is a second risk, about which much can be done: that inadequate or untimely information confuses the formal assessment of a project and the political context within which the decision is ultimately made. This is environmental impact assessment (EIA) process risk and it has become steadily greater in a changing world, where: miners have lost clout; public trust in institutions has declined; governments follow, as authority pyramids give way to spheres of influence; NGOs are asking the questions people want answered; and stakeholders have become the reference point. This new world deals harshly with yesterdayÆs methods. But it needs to be understood if principles and methods for managing EIA Process Risk are to be advanced.

Jan 1, 2003

The attachment of a spherical particle to a bubble is theoretically investigated under the condition of a mixed sorption coating of a collector. It is shown that the attachment is determined primarily by the hydrodynamic factor involving the displacement of liquid from the gap between a bubble and a particle. The dependence of the attachment on the state of the surface of particle (sorption coating) is due to a change in the boundary conditions on the interface with water both in the case of surfactant chemical sorption and in that of the physical adsorption of oil. It is demonstrated that at large distances the thinning of a interlayer is facilitated by a physically sorbed collector, while near the bubble this is done by a chemically sorbed one.

Jan 1, 1993

This paper details the approach adopted to develop an integrated asset management system for a GreenfieldÆs Metallurgical Plant during a recently completed feasibility study. The proposed asset management system deals with general aspects related to metallurgical operations and includes the following:plant operation and control, human resources, security systems, stores, and maintenance management. The paper deals with the establishment of requirements for the asset management system, the interfaces required, available systems in place and cost estimations for implementation. Every effort was made to integrate the system into existing corporate installations to create an integrated and effective management tool from both a plant operation and support perspective.

Jan 1, 2002

An extensive study was carried out to evaluate the performance of Outokumpu OK50, OK38 and Maxwell MX14 cells at ComincoÆs Red Dog flotation concentrator in Alaska. Tests were conducted by varying operating conditions of the cells installed in different circuits in the plant. The hydrodynamic and gas dispersion properties were measured and the metallurgical performance of the cells was evaluated for each condition used in the tests. This paper highlights the importance of superficial gas velocity, bubble surface area flux, gas hold-up, power consumption, residence time distribution and froth flow behaviour in optimising cell performance. The findings of these tests provide valuable insights into selection of the best cell operating conditions to optimise circuit performance.

Jan 1, 2000

The new generation Hlsmelt« Direct Iron Ore Smelting Process is a CRA Limited technology initiative. The process development is now focussed on commercialisation. The goal is to have the first commercial vessel operating around the year 2000. The HIsmelt« Process, based on the abundantly available iron ore fines and the more readily available non-coking coals, has the potential to fundamentally change iron ore processing through the application of high intensity techniques to replace the current sinter/coke ovens/blast furnace .technologies. The process will have great potential in the rapidly growing economies of Asia where steelmaking aspirations are based around local market focussed plants. This potential can be. realised as a supplier of premium grade iron units to electric arc furnace (EAF) steelmaking plants or as the front end to an ore based steel mill.

Jan 1, 1996

It was once considered sufficient to revegetate old mine sites using grass or trees. At the commencement of the Stawell JV (SJV) operation in 1981, management determined that pre-existing vegetation would be replaced. This policy was somewhat 'ahead of its time'. The cost of rehabilitation at SJV averages $8000 per hectare. Rehabilitation of this calibre requires a practical understanding of local ecosystems.

Jan 1, 1992

Recent research publications in extractive metallurgy were analysed for their stated and self-evident objectives. Over 100 different objectives (not specific to a metal or unit operation) were identified. These were divided into groups of economic, environmental, professional and fundamental significance. Comparisons were made of the objectives adopted in universities, industry and national research organisations. The most common primary and secondary objectives (by a large margin) were "to develop a new process (different chemistry)" and "to determine the effects of variables on a process" respectively. It was concluded that, overall, recent research has been dominated by commercial objectives. Objectives related to thermodynamics and kinetics have been the most common of the fundamental sort. Those related to professional methods in general, sensors and process dynamics, among others, have been largely neglected.

Jan 1, 1986

A philosophy is presented that new graduates in mining and metallurgy should be equipped to use computers during their under- graduate courses, should be aware of the capabilities and costs of a wide range of computing equipment, and should receive sufficient stimulus to become involved in applying computers for the benefit of the mineral industry. A program is presented in which computer applications and "hands on" involvement with computers are integrated into the progressive stages of the undergraduate courses in Mining and Metallurgy. In this respect, the role of the computer is to assist the student by performing time consuming tasks, to demonstrate the industrial applications of computing, to extend the scope and complexity of the tutorial, assignment and project work which can be undertaken by the student, and to provide the essential first stepping stones toward continued useful involvement with computers during the graduate's working life.

Jan 1, 1977

To grow a mining company today is seen to be challenged by the reduced interest in resources companies by the financial markets, the complexity of native title and a somewhat depressed commodity cycle. However, the opportunity to grow production and sales in a mining company are as numerous as they have ever been. It is the challenge of growing significant shareholder value that is difficult. The distinction between growth in æcompany sizeÆ and growth in æshareholder valueÆ is an important distinction upon which some resource companies are now firmly focussed. The equity market/commodity market cycle can provide windows of opportunity to consolidate and expand a company for the benefit of shareholders. These benefits may not be reflected until more buoyant equity markets return but, as the cycle turns, as it surely will, those with the foresight to position themselves may be richly rewarded.

Jan 1, 2000

Analysis of the 2001 Australian census data set can be used to gain a detailed insight into the trends and levels of employment in different industry sectors. There is a common perception that employment of geoscientists within the mining industry and indeed across all industries has decreased significantly. However, the data shows that the number of individuals stating that they are geoscientists employed across all industries has decreased by only five per cent from 5336 in 1996 to 5067 in 2001. Within the mining industry (Australia and New Zealand Standard Industrial ClassificationÆs û ANZICÆs mining class), the number of geoscientists employed has decreased by ten per cent from 2701 in 1996 to 2441 in 2001. These figures, while showing a decrease, do not reflect the magnitude of the decrease commonly perceived. However, further analysis shows the number of geoscientists employed in mineral exploration may have decreased significantly more.

Jan 1, 2003

BHP World Minerals (BHP) commenced development of the Cannington exploration decline in 1993 using Peabody Resources LimitedÆs Mining Services Division (PRL) as the contractor. Approval was given in 1996 to complete the mine development and bring the mine into production in 1997. The total mine development at Cannington by PRL has included 14 km of headings, 1040 m of shaft sinking for ventilation and ore hoisting and 990 m of raise boring for ore passes and vent rises. Hard money schedule of rates contracts were used for mine development from 1993 until early-1997. This took the mine development down to 570 m below the surface and developed six levels. Because of significant risks, the final phase of the mine development was completed in 1997 under a partnering agreement. This paper examines the factors considered in making the change to partnering, the issues involved in negotiating the partnering agreement to complete the Cannington mine development and the outcomes of the agreement.

Jan 1, 1998

The organization of this department is as shown in the following chart:Chief Mechanical EngineerPowerGenerationWorkshopsNew ConstructionMaintenanceTransportCommunity ServicesMineMillSmelterDesign and OfficeOrganizationThe functions of each section will be described separately.MAINTENANCE UNDERGROUND DEPARTMENTThis section covers all mechanical equipment underground as well as fans and winders on the surface, the headframes, and conveyors from the shaft to the crude ore bins. As has been descrIbed, No. 2 Ore shaft was opened up to the surface and a new headframe and receiving bins were erected, and when the new lead crushing and screening plant was constructed and ready for operation, the rope sheaves...

Jan 1, 1953