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By Thomas R

The successful `marriage' between a company seeking to raise funds to develop a project and their financiers calls for a strong mutual understanding of each other's needs. For a company attempting to raise funding, the alternative methods are ever expanding. The optimum method will vary depending on the financial position, risk/reward outlook of the company and the strength of the project for which development capital is being sought. It is likely that small mining companies will need to raise equity funds for advancing projects to the development stage. At that time, they will probably still require a reasonable level of shareholder equity to meet the requirements of banks and other parties to cover potential cost over-runs on the project and feasibility costs. Larger companies, however, are likely to find it much easier and cheaper to raise debt from banks. When evaluating companies and projects for funding, banks will pay particular attention to the quality and experience of management in developing similar projects and it may be necessary for some companies to retain the services of outside consultants. Before a project needs funding, companies should meet with potential financiers to develop relationships to select and ensure a smooth transaction to funding in the future.

Jan 1, 1997

With the evolution rate of technologies, earthmoving equipment users are establishing vision statements for their operation out to and in some cases beyond 2000. Autonomous systems are receiving a lot of 'press' - and rightly so, as they hold a potential for achieving quantum leaps in productivity and cost gains. Caterpillar feels that it is important that the infrastructure of on-board systems are understood and can be utilised more in the near term to `grow' a user up to the stage of autonomous operation.

Jan 1, 1997

The introduction ofa submerged entry tundish nozzle incorporating a cylindrical internal space for argon distribution to its inner bore slab is described. In co-operation with the refractory supplier, four major phases of nozzle development have been undertaken. Problems as well as successes are outlined.Significant reduction in alumina clogging ofnozzles has been achieved along with a decrease in nozzle consumption, using resin bonded alumina graphite with up to 4 different materials "zoned" to give resistance to thermal shock, gas leakage, and erosion.

Jan 1, 1985

By Dudgeon RN, Houston ML

When the original Mount Gunson joint venture,between CSR Limited and United Uranium N.L. ceased operations in December 1971, an intensive exploration campaign was launched to prospect for more ore in the Mount Gunson region. This campaign resulted in the dis- covery'of the Cattle Grid copper deposit. A comprehensive sampling pro- gramme including the sinking of over 200 diamond drill holes and two vertical shafts,proved the existence of 4.6 million tonnes of ore, at a mean grade of 2.4% Cu,calculated at 1.00% Cu cutoff.

Jan 1, 1975

By Bowmaker MD

Zinc and lead sulphide flotation con centrates containing from 0.02 to 0.20% Cd are roasted on an updraught sinter machine at the Cockle Creek Works of Sulphide Corp- oration Pty. Limited to provide sinter for simultaneous smelting of zinc and lead in an Imperial Smelting Furnace (I.S.F.). The major portion (about 85%) of cad- mium in concentrate feed to the Sinter Plant is eliminated with sinter fume and is rec- overed by weak acid leaching in the Cadmium Plant'followed by counter-current decantat- ion, ion exchange concentration, precipitat- ion of cadmium sponge and partial refining to caustic refined cadmium metal. Cadmium not eliminated during sintering is volatilised in the I.S.F. and subsequently recovered as zinc alloy by distillation in the zinc ref- ining columns of the Zinc Refluxer. The partially refined cadmium metal and cadmium- zinc alloy are blended as feed to the cadm- ium refining column where separation and recovery of cadmium is effected. Condensate from the column is further refined under caustic soda flux and cast into anode shapes. Production is 200 t.p.a. at 85% recovery of cadmium in concentrates. Emphasis is placed on changes from the practice described by Baker and Munro (1965) and upon operation

Jan 1, 1972

The Australian mining industry is at an interesting stage in its development. Of the large number of mining companies in Australia, some are still solely domestic in their focus. others have made their first tentative forays offshore, and others are global players of significance in the world industry. It is not long ago that the entire industry was almost exclusively domestic in its focus. Very few companies before the early 1980s had ventured offshore, and those that did so were considered quite risque. The initial moves were made mainly by large companies who could afford to lose the funds expended in getting started in a range of offshore locations.

Jan 1, 1995

By Skinner A. J, Thoman B. C

The general structure of microprocessors and their method of use is described, and de- tails given of their application in two parti- cular examples of instrumentation for mineral concentrators. One is in a pulp density gauge, and using this example, the way in which a microprocessor-based unit can be made to be self-calibrating is described. The other is in an on-stream analysis detector for uranium in solvent, where a microprocessor is used to re- place a mini-computer.

Jan 1, 1977

By S Corbel, P J. T Donchak, W Gorczyk

The Hodgkinson Province numerical modelling project aims to develop an improved understanding of the physical conditions that lead to the localisation of goldbearing fluids within known systems and apply this understanding to the prediction of potential new sites of gold mineralisation. The project follows a series of stages from identifying the key parameters required to construct and test simulations through to reverse engineering of known deposits and ultimately applying the conditions identified in the preliminary stages to predictive simulations. Results of the modelling demonstrate strong geometric controls of the localisation of fluids during mineralisation. An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation.

Jan 1, 2008

By Leigh G, Gottleb G, Wilkie G

The estimation of particle liberation is important in the study of mineral concentration. With simple systems, where the densities of the components are low, the liberation can be studied directly by density fractionation. For most practical systems, and particularly for the dense, complex sulphides, the only method known is by measurement in polished section. There are two major difficulties with such measurements. Firstly, the measurements themselves are difficult and considerable care is needed before reproducible results can be achieved. Secondly, a well known stereological problem arises which gives the estimates an inherent bias. The paper discusses both aspects of the problem. The practical features of measurement are treated in detail and a method described which has been developed and proven to give reproducible estimates of the liberation in the section. This discussion relates to automated measurements by QEM*SEM and presents a way of estimating the confidence limits within which measurements lie. Comparisons are shown between measurements made by the traditional manual optical technique and automated equipment. Stereological reconstruction is also discussed briefly. Several methods have been presented in the literature but all are complex and none is yet widely accepted. Area measurements are less biased than linear estimates so a practical approach is to use area measurements in uncorrected form. The topic is still being actively researched so it is expected that one method will soon emerge as the standard technique.

Jan 1, 1993

When Australian voters elected a Labor Government in March 1983 the value of the Jabiluka uranium deposit as an asset of Pancontinental Mining Limited effectively evaporated overnight. The day before the election, Jabiluka was Pancon's principal asset, with the Company's 65% stake in the deposit having a market value of the order of $US1 billion. This value had been set by an agreement reached with a potential customer, who was prepared to pay $US150 million for 10% of Jabiluka. The months before the election had been the culmination of ten years of unremitting effort to bring what was then the world's largest reserve of high'grade uranium ore into production. These efforts had included two and a half years of negotiations with the local aborigines, as well as exhaustive environmental studies and conceptual mine planning. All domestic approvals required to develop the Jabiluka deposit had been given to Pancontinental and marketing efforts had successfully placed about 50% of the expected uranium production with overseas utilities. It appeared that Jabiluka was about to emerge as one of the world's great mining enterprises. The election of a government with an anti-uranium policy stopped Jabiluka dead in its tracks. Pancontinental's largest asset had effectively become worthless and the Company appeared to be facing a bleak future.

Jan 1, 1987

By Bowra N

Working capital is best described as money that must be supplied from a company's treasury to buy inventories for raw materials and finished products and to provide credit to customers who have not yet paid for delivered products. Working Capital requirements for resource projects are to a large extent, dependent on specific characteristics of the projects concerned. Important variables are the nature of the project and speed with which sales can be realised. The project's location is also important as this will influence inventory levels. Working capital requirements have a time profile, the present value of which can represent a significant portion of a projects overall capital needs. A significant component of a project's working capital is not readily recoverable or able to be reassigned should the project fail or be deferred.

Jan 1, 1986

Cyanidation tests by bottle agitation were conducted on an oxidized lead-silver ore containing approximately 12% Pb and 500 g/t Ag. Over 60% of the silver was leached when the ore was ground to 100% passing 0.15mm, whereas 50-60% of the silver was leached when the ore was only ground to 100% passing 0.5mm. Slurry handling and dewatering at the fine grind size were very difficult due to the high clay content of the ore, however this problem was greatly reduced at the coar- ser grind size. The silver recovery at the fine grind size was very dependent on cyanide solution strength with stronger cyanide sol- utions (containing more than 0.1% NaCN) re- sulting in lower solution silver contents. This was thought to be due to the precipi- tation of leached silver by zinc, which was also leached from the ore by the higher cyanide levels. There was a critical zinc level in solution of approximately 1000ppm, above which the silver recovery fell markedly. Cyanide and lime consumptions for this ore were high (typically 5 kg/t and 40 kg/t respectively), hence the processing of this particular ore by cyanide leaching is un- economic at current silver prices.

Jan 1, 1987

By Morland R

Recent influence of backfill stability on stope production in the Copper Mine at Mount Isa Mines Limited is described. Changes to the mining process to improve fill stability are described, including increased focus on fill performance, modifications to extraction techniques, increased fill quality, changes to drill and blast practice, and research into backfill stability. Several case studies are described.

Jan 1, 1995

By Burrell I

This paper describes recent developments at West Cliff Colliery in environmental monitoring, using a sophisticated computer controlled system. The operations involved in environmental monitoring are described and the equipment employed is detailed. It is anticipated that the monitoring system employed at West Cliff Colliery will be expanded to allow total and instantaneous monitoring of roadway environmental Conditions.

Jan 1, 1983

By Baynes F. J, Bermingham A. G

The 6000m long King Headrace Tunnel will be driven through hard Owen Conglomerate in the Eastern third and feldspar porphyry in the Western two thirds, with the anticipated hardness up to 350MPa unconfined compressive strength. Since the Commission had not driven a long, large diameter tunnel for some twenty years, major research was undertaken to assess the current tunnelling trends. Tunnel boring machines were compared with drill and fire equipment. Rail equipment was compared with rubber tyred equipment. Tenders were called with tenderers invited to submit alternatives if desired. Commissioning and production excavation using the equipment is discussed with the final conclusion being that the individual items of equipment purchased combined to make an efficient hard rock drill and blast system capable of progressing through all rock conditions likely to be encountered on the King and Anthony Schemes.

Jan 1, 1987

By Weller KR

Completely dry or completely wet materials are comparatively easy to screen, but materials with moisture contents between these two extremes can present varying degrees of difficulty. The presence of moisture can impair the performance of a dry screening plant in a number of ways: ò agglomeration of fine undersize particles onto larger oversize particles, resulting in the fine particles being misplaced to the oversize; ò increasing attractive forces between particles that hinder stratification and particle presentation to the screen; and ò blinding of the screen apertures caused by fine moist particles clinging to the screen which reduces the effective aperture size and the open area of the screen. Test work on full-scale screens has shown that the agglomeration of fine particles onto larger particles only occurs once the equilibrium moisture content of the ore is exceeded, and that the quantity of adhering fines present is proportional to the surface area of the larger particles. An -adhering fines screen model has been developed from this work, and by using relationships derived between the model parameters and feed moisture content, the effect of changes in feed moisture on both product quality and operation of iron ore dry screening plants is predicted.

Jan 1, 1993

By Neville WE, Parkinson J

One of the earliest recorded risk management schemes was implemented by the boatmen of the Yangtze river some 4,000 years ago.. Between them they arranged for shipments to be split up in such a way that a load was divided five ways: if one was lost, then 80% of the shipment got through. Bottomry contracts were in vogue in Babylonian times with similar systems being used in India, in 60OBC and 4th century Greece. One of the first accepted mutual insurance ideas came in 1835 when a mill owner in America negotiated a lower insurance premium in return for installed fire safety measures. Approximately 20 years ago risk management as a philosophy was developed in the U.S.A., the philosophy followed to England and hence to Australia about 10 years ago. The business climate which induced the philosophy of risk management was that of "tight money". The definition of "assets" was then broadened to include earning capacity, skilled personnel and in a negative sense, a corporation's liabilities. In more affluent days losses were comfortably absorbed into the ongoing business expenses, the more prudent managers took out insurance which "covered everything" at a suitable premium. Statistics are available to indicate that a high percentage, (over 60%) of businesses which suffer massive plant damage due to fire, do not restart operations, or in the event of restarting have closed operations within the next 2 to 3 years - in spite of collecting an insurance payout.

Jan 1, 1986

The Perth Mint receives gold and silver from various sources for evaluation and refining. The metals are received in many forms and vary widely in assay. Refining is carried out using the Miller Process and the and the resulting market quality bullion is sold in a range of weights and alloys to suit the international bullion market and public demand. INTRODUCTION The Perth Mint was established in the late nineties as a branch of the Royal Mint, London, to refine the gold from the newly established gold- fields in Western Australia. The branch was opened for business in June, 1899. After refining, the bulk of the gold was used in the manufacture of sovereigns and half-sovereigns. Nowadays, although most of the gold received comes from the W.A. goldfields, some gold is deposited by producers in other states and in Papua-New Guinea, as well as scrap and trade wastes from manufacturing jewellers and old jewellery from the general public. Silver is deposited in the form of old silverware, recoveries from-photographic processes etc. Gold or silver may be lodged at the Mint in person, through a bank or other agency or by registered post. Telegraphic advice is usually given when gold is sent by the latter, so that insurance may be effected.

Jan 1, 1982

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

Jan 1, 1971

By Peng SS

This paper presents a number of mathematical models for predicting the different phases of the complete surface subsidence process associated with underground longwall mining. A computer program developed based on the mathematical models is briefly introduced.

Jan 1, 1992