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By Onton W

During the latter part of 1936, conditions encountered in sinking the Main Ore shaft made it impractical and uneconomical to continue deepening it to serve haulage levels below the present No. 5 level. Plans were therefore made for an interior shaft, to serve new lower levels, that terminated above No. 5 level so that ore hoisted could be drawn off on this level and transported to the Main Ore shaft for final conveyance to the mill crude ore bin. The No. 2 interior ore shaft was only developed below No. 4 level and borehole ropeways with a winder located on the surface were installed in preference to an underground winder installation. No. 2 ore shaft with borehole ropeways commenced lead ore hoisting operations in September 1938. Apart from the copper ore hoisted in the war years of 1943-46, lead ore was hoisted to No. 5 level until September, 1951.

Jan 1, 1988

By S Mitchell

Jetcrete Australia Pty Ltd, shotcrete contractor took the initiative in 2008 to discontinue the use of ‘road registerable’ concrete trucks for all underground works in Australia and internationally.The rationale for this decision was basic, safety. Historically these vehicles have been and still are involved in far too many accidents; this obvious trend needs to be addressed by engineering out the root cause of the problem which in this case is suitability for purpose.Road registerable concrete trucks have been widely used for the delivery of concrete in Australian mines for many years prior to and after the inception of wet shotcrete as ‘in cycle’ ground support in underground excavations around 1992. With this inception came a wide interest in the shotcrete process and an influx of new shotcrete contractors, all using road registerable concrete trucks to deliver the large volumes of Shotcrete required for these services and in turn largely increasing the use of these vehicles underground. The road registerable concrete trucks were difficult to control and each trip underground required the operators to maintain good management of the inherent risks. We virtually had no reasonable alternative for the industry and could only encourage the operators to drive with soft controls such as, reducing overall speed to a maximum of 15 km per hour when declining, regardless of the road conditions, coming to a complete halt prior to turning into any sharp corners, remaining in the same gear both inclining and declining.

Mar 21, 2011

By P Craig, M Holden, C Zhang, D Foster, J Oh, S Saydam, J Liu, H L. Ramandi, S Akdag

High stress in rock masses can cause significant instability problems such as squeezing deformation in soft rock and rock bursts in hard rock. The support system applied in burst-prone areas in high-stress conditions is required to be able to carry high load and accommodate large deformation of the rock mass without experiencing any serious damage. Yielding support systems are promising to provide support for both squeezing and burst-prone rock mass encountered in mining or tunnelling at depth. They are ideally strong and stiff initially and then ductile after yielding (Potvin and Hadjigeorgiou, 2020). With respect to support design, a ground support system has to create a safe working environment under both static and dynamic loading conditions by providing the functions of reinforcing, retaining, holding and connecting elements (Cai and Kasier, 2018). Rigid rock bolts and cable bolts perform reinforcing and holding functions of a ground support system. In highly fractured ground or with large excavation spans (eg at roadway intersections or in caverns), unstable ground depth can exceed the length of typical rigid rock bolts (ie greater than ~3.0 m). In such cases, flexible cable bolts are needed to tie the reinforced and retained rock mass back to deeper and more stable rock. The flexibility of cable bolts allows anchor lengths greater than the tunnel opening that would otherwise restrict rigid bolts. Cable bolts also offer higher strength to weight ratio, with tensile strengths 2–3 times that of standard rebar bolts. This high strength comes at the cost of lower strain tolerance, typically around 5–7 per cent at break. Despite the lower strain tolerance, cable bolts are often used as dynamic support in demanding burst-prone ground conditions. The lower strain tolerance is compensated by allowing sufficient free length for stretching or incorporating a yielding device. There are a number of dynamic cable bolts available on the market and a number of testing campaigns have been undertaken to quantify the dynamic performance of these cable bolts. This paper reviews the existing range of dynamic cable bolts and discusses the potential areas for improvement and further research.

Nov 29, 2022

By S Doudle

The Iluka Resources Ltd Jacinth-Ambrosia heavy mineral sand mine (South Australia) is located in an undisturbed semi-arid landscape consisting of sparse trees, shrubs and grasses. The soil interspaces are covered with biocrusts, a living soil cover also found worldwide in arid regions. Biocrusts are composed of lichens, cyanobacteria, algae, mosses, liverworts, fungi and bacteria, and live on and within the first few millimetres of the soil surface. Biocrust organisms bind soil particles, sequester carbon and many fix atmospheric nitrogen making them important structural and functional components of ecosystems. Despite their important role in ecological processes, biocrusts are susceptible to disturbance; nevertheless they can recover provided sufficient inoculum is present. Cyanobacteria are the early colonisers and they capture atmospheric and landscape resources and establish conditions that subsequent successional seres can capitalise on. Research conducted in countries including China, Spain and South Africa has been focused on methods to either encourage rapid regeneration of cyanobacterial remnants or to introduce new material from cultured cyanobacteria. We have been investigating the extent and diversity of biocrusts across the 4500 ha mine lease and their potential to improve mining rehabilitation outcomes. Approximately 46 per cent of the soil surfaces are colonised with biocrusts and 33 taxa have been identified. Laboratory experiments were designed to mimic massive soil disturbance and treated with a range of water qualities. Within 22 days, treatments irrigated with fresh water were colonised by new cyanobacterial filaments with a mean surface coverage of 65 per cent. Secondary tests revealed that differences in the photosynthetic yield of the crust were dependent on the salinity levels of the irrigation water used. In 2011 this program is expanding from the laboratory into field scale trials designed to assess both the potential and practicalities of up scaling these techniques to provide crushed biocrusts and cyanobacterial bio-inoculum for use in mine rehabilitation.

Oct 5, 2011

By L Lachance, F Flament, D Leroux, S Gariépy

The pervasiveness of poor sampling practices in and around mineral processing plants could seem intriguing in view of the various documented evidences both for causes and consequences. To this extent, this paper revisits the well-documented but lesser-known fact that failure to care sufficiently about how samples are selected and managed is the mother source of almost all sampling biases. The authors believe that the potentially huge leverage between causes and consequences as well as the diversity of people involved in sampling call for a globally integrated solution rather than for a point solution. Such a globally integrated solution has already been put forward by the AMIRA P754 Metal accounting – code of practice and guidelines (AMIRA, 2007) that inherently requires accuracy to be targeted, measured, reported and managed. Furthermore, always in order to avoid a point solution, several layers of protection against biases must be put in place with each one involving a different ownership whenever possible. This is exactly the role intended by the supervisory bias detection method described in this publication. It is based on the continuous monitoring of the expected value of reduced residuals obtained from statistical data reconciliation conducted in a metal accounting context. This supervisory bias detection method is developed in full details after which Monte Carlo simulations are done on a mineral processing plant example for showing how it can be successfully applied for detecting hidden biases.CITATION:Lachance, L, Leroux, D, Gariépy, S and Flament, F, 2014. Detecting sampling biases in metal accounting, in Proceedings Sampling 2014 , pp 109–120 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 29, 2014

By P F. Hodkiewicz, J de Lacey, M Stewart, R Lane

"Implicit modelling is an approach to spatial modelling in which the distribution of a target variable is described by a unique mathematical function that is derived directly from the underlying data and high-level parametric controls specified by the user. This modelling approach may be applied to discrete variables such as lithology (after converting the discrete codes to numeric values) or to continuous variables such as geochemical grades. This paper discusses the estimation of continuous (grade) variables using implicit modelling.One of the underlying engines of implicit modelling for producing this mathematical function description is the radial basis function (RBF). In essence, the RBF is a weighted sum of functions positioned on each data point. A system of linear equations is solved to derive weights and the coefficients of any underlying drift model coefficients. Once derived, the RBF may be solved for any unsampled point or averaged over any volume to provide an estimate of grade. It is possible, for example, to query the RBF on a regular grid to derive an estimate of block grades. Given the ease of creation of an RBF, and its ability to predict grade, the question arises as to how the grades derived from the solution of an RBF compare with grade estimates derived from conventional geostatistical interpolation methods (eg ordinary kriging (OK)).The purpose of this paper is to describe in lay terms: the basic structure of an RBF the role of parametric choice in the solution of RBFs and how this influences the character of the solution the fundamental similarities and differences between RBFs and conventional geostatistical estimators.Using a high-resolution conditional simulation, we show that in many situations RBF and OK estimates are very similar.CITATION:Stewart, M, de Lacey, J, Hodkiewicz, P F and Lane, R, 2014. Grade estimation from radial basis functions – how does it compare with conventional geostatistical estimation?, in Proceedings Ninth International Mining Geology Conference 2014 , pp 129–140 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Aug 18, 2014

By R Moller

Reconciliation at large iron ore operations is a complex and time- consuming process. Often the volume of data and the large range of different stakeholders makes the process almost impossible. Up until recently geologists and engineers at these operations would spend hours cutting and pasting data in and out of monster spreadsheets, diligently comparing how resource/reserve models, grade control and survey pick-ups compare to what was actually produced. In 2003 the Sishen Iron Ore Mine in South Africa broke this cycle by implementing SnowdenÆs Reconcilor software. The implementation of a dedicated reconciliation system required a number of existing practices to be changed, with the involvement of stakeholders right across the mine. Data sources had to be clarified and validated, terminology had to be standardised, processes needed to be documented and some methodologies needed to be updated. This was a task that required significant effort by Kumba personnel so that the system could be successfully implemented. This paper provides a case study of the reconciliation system implementation at Sishen. It is a story of an operation that evolved from using a number of fragmented reconciliation processes to using a unified automated system. This paper outlines the key estimates and measurements that are used for reconciliation, details the characteristics of an automated web-based information management system to facilitate the process and provides some insights about the benefits that have been gained though the use of a rigorous reconciliation process.

Jan 1, 2005

By McCarthy PL

Widespread interest in reopening Victorian gold mines, regenerated by increased gold prices, has highlighted the technical problems prevailing. A combination of historical lease legislation, minimal recent mining activity, forms of mineralisation, high insurance rates and tortuous approval requirements for mining mean the potential investor assessing an old mine must address a wide range of technical problems. The requirements for establishment of ore reserves and attraction of capital for mine development are fundamental. Underground reef mining was historically generally on a small scale, and as mining on many fields ceased about the turn of the century, past geological and production records cannot be correlated to personal experience and comment. The impact of modern mining technology on future reef mining will be to reduce operating costs and significantly improve historic metallurgical recovery. Roth these are commensurate with increased capital costs. Workers compensation rates currently applicable in Victoria are many times higher than in other states, adding significantly to operating costs. Establishment of a pilot plant testing facility in central Victoria would provide an invaluable service in treating bulk samples essential for grade and recovery assessments of Victorian ores.

Jan 1, 1982

By K J. Ward, C N. Hatton, J Scalia IV, C A. Bareither, D L. Spencer

The mining industry is experiencing change in the governance of tailings facilities (TFs). Guidance and regulations across many jurisdictions contribute to this amorphous change. The Canadian Dam Association, Mining Association of Canada, Australian National Committee on Large Dams, and the Global Industry Standard on Tailings Management, produced by the International Council on Mining and Metals, are establishing guidelines for more rigorous industry governance. Evolving guidance regarding TFs is developing concurrently with a shortage of experienced tailings engineers, which adversely affects the resource base available to support new governance. This paper presents an updated semi-quantitative estimate of the impending resource shortage of qualified tailings professionals. Updates are provided herein for the estimated number of TFs worldwide, which included available data on active and inactive TFs, as well as the estimated labor resources required to service these facilities. The tailings labor shortage is discussed in the context of academic and professional training currently available to increase the quantity of trained personnel. This paper represents a discrete moment in time as contributions to the available information and inventories accessed continue to improve, but as of today are incomplete. However, the data and information included provide insight into the resource deficiencies currently within our profession, training and education opportunities to address those resource deficiencies, and a snapshot of a recent professional training course offered on mine tailings.

Jul 1, 2021

By M Liang, C Putzmann, D Gokaydin

The mining industry faces numerous challenges in swiftly evaluating and exploiting new mineral deposits to meet the escalating demand for critical minerals and metals. These challenges necessitate the adoption of innovative techniques and technologies to expedite development cycles and facilitate the efficient exchange of knowledge and expertise. Traditional mineral exploration methods rely heavily on data governance, visualisation tools, and expert interpretation skills, often operating in isolation and limiting the integration of valuable data and knowledge (Lindsay and Perrouty, 2019). To address these integration challenges and bridge the industry’s knowledge gap, the concept of a digital twin offers a holistic solution (Ahn, 2021; Nagovitsyn and Stepacheva, 2021).

Sep 1, 2024

By H F. Galbiatti, G J. I dos Santos, A de C Zapparoli

The Grao Para and Rio Maria greenstone banded iron formations (BIFs), within the Carajas mineral province, exhibit distinct lithological and petrographic fabrics, together with pronounced differences in their surface expression, real thickness, iron grade and tonnage. These geological differences support a new model for the regional distribution of iron formations in the Carajas Mineral Province.

Jan 1, 2009

By S A. Ravishankar

In heavy minerals separation, the titanium and iron oxide phases are separated from silicates in the coarser particle size range (80 - 150 mm) using magnetic and electrostatic separators. With the ongoing challenge of heavy mineral ore deposits getting increasingly finer in particle size, conventional separation equipment suffers from the ability to process this material at the same throughput rate as coarser particles. A variety of magnetic separation technologies were developed to perform at a much finer particle size range, down to 2 mm in the clay industries mainly to remove titaniferrous oxide particles. Complementing the developments made on the physical aspects of magnetic separation, Cytec Industries has recently developed a ‘bolt-on’ chemical enhancement technology for magnetic separation (CEMS). This is to enable separation of finer particles, and weakly paramagnetic titanium phases from diamagnetic silicates that are not amenable to magnetic separation. This paper will provide an outline of the technology, illustrate its ability to process a wide variety of ores, and also discuss plant limitations. The major advantages of chemical enhancement technology to magnetic separation includes: simple dosing equipment extension to existing magnetic separation technology; ability to produce product of comparable quality with improved cost effectiveness, when compared to incumbent flotation; removal of impurity minerals over wider size range; enhanced removal of non-magnetic impurities; and improving the process robustness. Furthermore, chemical enhancement technology for magnetic separation has also emerged as a platform for removing impurities at lower levels in other mineral systems as well.

Oct 5, 2011

By A Romanel, M S. Kato, M P. Piermatei, P Artioli

"Brazil is the sixth worldwide producer of aluminum and Votorantim (Metals) has been operating three bauxite open pit mines in a particular way of working. In those the deposits occur on the top of hills, under forest, coffee, eucalyptus plantation or pasture area.The deposits are not large and normally mining takes an average of two months to be completed before starting the rehabilitation process, which demands a good strategy in mining planning to achieve the production goals.The benefit function developed to select feasible areas uses, beyond production costs, fees from the owner by using their area and rehabilitation cost. Both are based on land use and occupation field survey data. In this process each area with different land use receives a specific rehabilitation cost as input into a block model.Once the selection is made the mining schedule begins, taking into consideration the following premise: the orebody needs to be mined in a short period of time because during this time, the surface owners receive from Votorantim a compensation based on the expected profits from their plantation or pasture, plus royalties related to the ore amount existing in their area.Not all operations have waste dumps. Waste is pushed down by bulldozers to the lower part of the ore border. After loading and transporting ore, the waste is handled back to the mined area to fit the topography. With this step concluded, the mined area is directed to the environmental team who, alongside university partners, develop land reclamation to return them to their owners, eg in 2011, 110 ha were rehabilitated of which 29 per cent is native forest.Votorantim closes many mined areas a year and currently the entire mine planning considers this particular way of operation, making profit with minimum interference with the community and the environment.CITATION:Artioli, P, Kato, M S, Romanel, A and Piermatei, M P, 2012. Environmental variables at bauxite mine, in Proceedings Life-of-Mine 2012 , pp 171-178 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Jul 10, 2012

By D Zielinski-Nicolson

The emergence of affordable, portable and versatile wireless devices has enabled a new frontier in mine safety equipment. Existing solutions provide methods for tracking personnel and assets in underground mines but are not designed to optimally integrate into existing and emerging systems. Mine management are often required to coordinate primarily independent emergency, personal protective equipment (PPE), tracking and collision avoidance systems from multiple vendors. These systems involve a variety of wireless technologies that require separate integration projects that discourage adopting new services and policies.

May 5, 2022

By N Elith

The explosives demolition of a post-stressed, steel reinforced, concrete road bridge in Australia’s capital city, Canberra. The bridge was 50 m from the new replacement bridge, 320 m from community structures and within five kilometres of the national parliament buildings. The job required multiple overlays of risk assessment, public relations, safe work procedures, specialised blast design, environmental predictions and flyrock controls. Project stakeholders included Worksafe, Roads ACT, bridge owners, consulting structural engineers, community groups and road users. The bridge precincts, including a major road underneath, had to remain operational to peak traffic in the days leading up to the demolition. The break-up and removal of debris had to be executed in just two days from Friday to have the road beneath re-opened for Monday morning city-bound traffic.In Canberra, all explosives demolitions are now viewed with particular caution after a demolition in 1997, during which a young girl was killed. Any approval requires that Explosives Regulations, AS2187 2006 and Worksafe processes are satisfied, and a convincing case presented for blasting as a safe and viable option.Our design used specialised shaped cutting and blasting charges to sever in situ concrete beams and tendons and to shatter components of the stressed concrete bridge assembly. We include comments on structural engineering reports dealing with pre-weakening mechanisms. The benefit of pre-weakening is that it reduces the amount of explosives needed to safely complete the job and facilitates quick removal of debris after the shot. The complementary skills of the team, each one an expert in his field, resulted in a highly successful demolition, praised by authorities as an outstanding example of controlled use of explosives.

Nov 8, 2011

By J Moffatt, T Payten, N Spooner, L Teixeira, L A. Balzan, G Wilkie, G Tsiminis

Fluorine is a penalty element due to its reactive nature. In acidic environments many fluorine minerals dissolve to form hydrofluoric acid (HF), changing processing conditions. When smelted HF can be released, causing negative effects to nearby people and the environment, as well as potentially damaging the smelter. Sale of ore with high fluorine levels elicit a financial penalty or are banned outright. Real-time sensors create the opportunity for instantaneous decisions on ore processing due to changing conditions. A fluorine sensor would allow rises in fluorine concentration in a processing stream to be flagged, and decisions on processing conditions or diversion to stockpile before processing could be undertaken. As fluorine is a light element, it is difficult to detect with in-field XRF devices and does not work well with PGNAA. There are currently no existing sensors to quantify the presence of fluorine in real-time, and thus decisions based on fluorine grade cannot be made at minute- or even hour-scales. Sensors designed to measure the presence of minerals that contain fluorine are a possible avenue to enable the real-time detection of this element. Mineral-based sensing may also give an added advantage of additional information about how the fluorine will react under different processing steps. The authors were given a grant under CRC ORE II (project number P1–005) to search for mineralspecific signatures suitable for real-time analysis. The work focused on novel regimes and applications of fluorescence as a means to detect specific minerals. The aim was to exploit fluorescence responses unique to minerals of interest in mining systems in order to produce sensors that address gaps in existing capability. After the successful discovery of signatures specific to two major fluorine minerals an additional grant (P1–014) was funded to develop the research into a prototype on-belt sensor, in partnership with Scantech International Pty Ltd. This paper details the development of a sensor package through multiple Technology Readiness Levels (TRLs) through collaboration with government/industry grant schemes, academics from university, and a sensor-focused Mining Equipment and Technology Services (METS) company. We give a brief description of the new sensor technique and provide a case study of multi-disciplinary collaboration.

Aug 24, 2022

By T Leidich, M Van Zyl, H Lacy

Mining ‘as usual’, until the most recent decades has resulted in limited landform planning and a general lack of mine waste landform design. Material characterisation, mine planning and dedicated professionals undertaking these tasks were rarely available or in place at the majority of mines. This has led to landform instability, erosion, sediment and poor quality water emanating from mine landforms. In many cases rehabilitation and reclamation failed and these sites have ‘landform features’ that are difficult to relinquish or leave and have little or no apparent land use. In many cases mined landscapes around the world have resulted in a less functional and degraded environment, with deleterious impacts on surrounding ecosystems.This situation is now slowly being addressed, as global companies, academics and practitioners and their organisations have started to exploit the ideas from an integration of earth sciences and mining through the application of planning software dedicated to the design of landforms.This development has had its genesis primarily in the United States. We suggest that process has been driven, in recent decades, by the application of resources in response to the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), (USA Congress 11 December 1980) and other mine reclamation legislation enacted by federal and states regulators in the USA. The combining impact has seen a huge transfer of capital back from the public purse and ‘potentially responsible parties’, into abandoned mines to affect control, remediation, and reclamation/rehabilitation of those mines.Given this investment in rehabilitation and reclamation, people engaging in the business of landform planning have had the opportunity to address landform reclamation of historic and active sites. The skills of engineers and scientists with improved technology, waste rock characterisation and modelling tools have been combined resulting in the evolution of landform design and in mine planning of active mines. This has delivered cost-effective, sustainable mine closure designs for over 30 years. Integration of mine design with an understanding of geomorphic principals and the natural landscape, coupled with waste and soil characterisation, yield a positive result. Recently work has been applied across large and small-scale projects by companies. As these processes develop, ideas and concepts are evolving that active mines, or mines in the early planning stages, could use to help reduce double handling, and in the long run reduce overall project and closure costs, more effectively attain the desired final land use, and enhance the industry’s reputation and licence to operate.CITATION:Leidich, T,?Lacy, H?and Van?Zyl,?M,?2014. Application of design concepts and engineering controls necessary to deliver well-designed and rehabilitated landforms, in Proceedings Life-of-Mine 2014 , pp 55–66 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 16, 2014

By S Cyphers, J Missen, B Jansen

The AGL Loy Yang Mine is one of the largest and most significant coalmines in Australia. Commencing in 1982, this mine produces 30–35 Mt/a to supply more than 50 per cent of Victoria’s electrical power requirements. At this mine there are unique geotechnical challenges to overcome to ensure its safe operation including: significant mine depth, low density of coal in the operating and permanent mine batters, the influence of groundwater and deep sediment aquifer pressures. One of the challenges is the behaviour of brown coal, which is neither a soil nor a rock and displays long-term creep stress relief. Other geotechnical challenges include ensuring stability in high unconsolidated dumps, potential large-scale block movement in mine batters driven by crack water pressure and heave from high-pressure aquifers.The paper will outline the geological and hydrogeological setting and potential failure mechanisms, and detail an integrated geographic information system and reporting regime that in part addresses ground control management at the mine. The paper will also outline the management processes for a dynamic geotechnical environment and the benefits of the alliance arrangements to meet the geotechnical requirements at the mine and the effective personnel integration in the mine technical services team.CITATION:Jansen, B, Missen, J and Cyphers, S, 2014. Geotechnical management at the AGL Loy Yang Mine, in Proceedings AusRock 2014: Third Australasian Ground Control in Mining Conference , pp 239–246 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 5, 2014

By D W. Evans

Research into the dynamic properties of ground support elements continues to grow at a global level, given the increasing importance of this field of application within underground hard rock mining. Measuring the mechanical response of such elements under the rapid onset of simulated rock burst loads forms the basis for this experimental work, typically utilising gravitational drop testing methods. This field of research is fundamentally driven by an increasing need for dynamic performance data, given the constant evolution of rock bolting product designs, materials selection, combination testing and specific application needs based on ground types and loading scenarios. A smaller number of globally recognised dynamic test facilities have predominantly lead research within this arena, typically in association with academic institutes, larger industry groups and government research institutes. However, due to the increasing requirement for dynamic performance data, additional facilities have now emerged in order to satisfy the overall demand for test work. These newer facilities are more typically associated with suppliers to the underground hard rock industry, with experimental designs looking to replicate, at least in part, the work of the primary facilities. For standardisation, repeatability and calibration purposes, the cross validation of test data between primary and secondary facilities becomes an obvious and important consideration across this field of research. This paper outlines the development of a new dynamic drop test facility for testing rock bolts, including the structural design and associated high speed data capture system. Based on the utilisation of identical bolt types, material grades, anchoring systems and decoupled ‘free-lengths’, comparative data has been generated to provide cross validation of the new test facility against data generated by a globally recognised primary facility. The cross validation of data provides increasing confidence in the repeatability and accuracy of the new facility as activity continues towards the provision of further experimental test work.

Nov 29, 2022

Historically the insurance industryÆs involvement in any project has been relatively late in the process. Often it was a case of the last item to be ticked off the checklist has been to ensure that the insurance is in place. However, in more recent times insurers have imposed more restrictions on the cover they are prepared to provide, which has in some cases necessitated a change in the contracting structure to accommodate the insurance policy(ies). In addition, changing contractual practices have changed the allocation of risk between the various parties involved. This calls for a more proactive approach to the design and implementation of an insurance program for both the construction and operational phases of any resource project. This paper explores how a risk managed approach to the design and implementation of an insurance program for a resource project can align itself with current management approaches to project development. From the authorsÆ experience, this approach is best adopted early on in the project (often in conjunction with the bankable feasibility study) and follows AZ/NZS4360 to objectively examine and compare a wide range of risk exposures of the project in a time-effective manner across the following areas: personnel; environment; general management; compliance û legislation, systems, protocols; asset management; change management; financial impacts to the organisation; products/services; service delivery; and technology. Having identified and then analysed the risk exposures according to common consequence and likelihood ratings the next step is to develop a risk map of all considered exposures. The true value of this approach lies in the development and implementation of a risk treatment plan for identified exposures where the exposure is unacceptable. The plans will lead to the optimal solution to the appropriate risk prevention, risk mitigation and risk transfer options available. This paper also examines other benefits to the project that may arise from adopting a risk managed approach in addition to the ability to design an insurance program which recognises the exposures and the ability of the organisation (and other project parties) to retain risk.

Jan 1, 2007