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Who Macraes Mining Company Limited is can be summed up by the following statements: +         We have been New Zealand's largest gold producer for seven years +         We have one of the lowest market capitalisation per reserve ounce of the gold producers in the  Australian Gold Index +         We have a resource finding cost of less than NZ$l0 per ounce +         We have a large land bank with proven reserves +         We have an Operating Cash Margin of approximately NZ$200 per ounce +         We have reduced our Dry Milled Tonne Cost by 34% since 1992   Our Mission is to continually grow our gold business, through maximising cashflow and focusing on our value drivers being: +         Increasing reserves +         Increasing cash operating margins +         Increasing production   The real challenge is the reduction of operating costs and the optimisation of revenue, particularly in the current gold price environment.   The Company has as at 31 December 1996 total mineral resources of 6.1 million ounces and reserves of 3.4 million ounces. This together with our current cash position of approximately NZ$15 million and strong hedging book of approximately 800,000 ounces places the Company on a sound financial footing whilst positioning itself to aggressively pursue its growth strategy when gold price and market conditions improve.

Jan 1, 1997

By H. C. de Wet

The predevelopment and preparation of a total infrastructure in a deep level mining environment, prior to the shaft system being commissioned has major advantages. This paper intends to indicate these advantages and outline an understanding of the disadvantages. These benefits can be classified in three basic groups: the financial and timing advantages, a knowledge of the ore body and the development of required technology to meet the design parameters. The required technology in many aspects was still to be developed prior to successful application. Stemming from the technological evolution are some secondary advantages which will be described in each of the groups. Safety and health considerations and some practicalities made some of the new technology redundant prior to the actual application. In each case the actual achievements and the anticipated benefits will be indicated to allow the reader to distinguish clearly between planned and actual achieved advantages.

Jan 1, 1997

By F. Flynn, P. Downey, G. Ritson

"Bell Creek Mill which has been in continuous operation since 1987 has undergone numerous operational changes in the past three years. The addition of over 2. 5 million tons of resource at over 13 git from Hoyle Pond Mine precipitated an expansion program for the Bell Creek Mill. This paper discusses the major changes that have occurred over the past two years to increase throughput and efficiencies. In addition, the refractory ore treatment options are also discussed.IntroductionThe Bell Creek Mill is located in the Timmins Goldcamp approximately 8km NE of porcupine Ontario. (Fig I.)The mill was originally constructed by Camamax in 1987 to treat the Bell Creek ore at a design throughput of 350tpd. The flowsheet (Fig 2.) consisted of two stage crushing, grinding, thickening, leach and drum filtration with gold recovery by Merrill Crowe.As ore depleted at Bell Creek, the Mill was purchased by Falconbridge to process ore from their Hoyle Pond property. Kinross purchased the Hoyle Pond property and Bell Creek Mill from Falconbridge in 1992.The successful exploration program at Hoyle Pond has led to several expansions and process design changes, with further changes planned over the next twelve months.In 1994, the mine produced 61,865 oz. of gold at an average cost of 197US$ per oz. In 1995 production was 91, 611 oz. at a cost of 187US$ per oz. Projecting the nine months ended September 30, production for 1996 will be 155,000 oz. at a cost of 165US$ per oz.In early 1997, the CIP expansion will be complete, with a target of 175,000 oz. at a cost of 176US$ per oz for 1997. The mill throughput will have increased from 400tpd to 1500tpd between 1994 and 1997.The changes to Bell Creek since 1994 have been numerous with very little of the existing equipment still in operation. The total cost of the expansion to date is 15 million C$. This paper discusses the major projects carried out during in this time. The focus will be to highlight the justification of each project, the design and engineering, some of the initial start-up problems and solutions.Figure 3 shows a plan of the existing mill facility together with the various additions that were carried out."

Jan 1, 1997

By R. Knapp, R. Firlotte

"Les Terrains Auriferes (LIA) Property, formerly the Malartic Goldfield (Goldfield) mine, ceased its remaining milling operations in the fall of 1994. During the early years of mining, the mill processed a non-sulfide ore with substantial carbonate mineralization.In 1977 after an extended shutdown period, ore from a nearby property, Bousquet, was processed at the mill. That ore contained larger quantities of sulfides, and unlike the old tailings, had acid generating potential.Upon closure of the L TA mill, the closure options considered for the L TA site were to cover with:1. a thin cover of 0.5 metres of borrow material (sand and gravel) to achieve basic erosion protection/stabilization; collect acidic seepage and treat with lime.2. a 2 metres of non-acid producing tailings; final surface to be vegetated.3. an engineered oxygen barrier consisting of a multi-layer cover; final surface to be vegetated.The paper presents the technological and economical methodologies that were used to select the closure alternative, describe the associated construction challenges that were faced with the implementation of the multi-layer cover concept and presents preliminary results on the cover's performance.In addition to being the first full scale demonstration of this type of multi-layer engineered oxygen barrier cover technology, this project had the advantage of using non acid producing mine tailings as part of the reclamation solution."

Jan 1, 1997

By Linda C. M. Elliot, Liangxue Liu

"The deposition of tailings under water is considered to be one of the most environmentally promising and potentially cost effective methods to reduce or eliminate acid mine drainage from tailings. One of the concerns of subaqueous deposition has been that metals may leach into the cover waters, thereby increasing aqueous metal concentrations to higher than acceptable limits. This potential was seen to have an even greater possibility for impact when the tailings are deposited under acidic lake water.The following paper summarizes the results of subaqueous tailings pilot column test work conducted to determine the effects of subaqueously deposited tailings on lake water and tailings pore water. Two types of tailings were tested: high sulphide tailings (pyrrhotite concentrate), and low sulphide tailings (end of pipe slime tailings).Data was collected from five columns over a 13 month test period. The results indicated that a stagnant I 000 mm water cover was capable of maintaining the underlying tailings in a reducing condition. The upwards diffusion of pore water resulted in a pH increase in the waters overlying the thickened pyrrhotite tailings and the pyrrhotite tailings with a shallow cover of substrate. A conductivity gradient between the tailings and the water cover caused a diffusion of salts upwards into the overlying water column. Precipitation noted at the tailings water interface may be related to the precipitation of ferric oxyhydroxides, which resulted in a decrease in Fe concentrations noted in the water cover. Other metal concentrations did not exhibit significant increases in the water cover. A sulphate concentration gradient between the tailings and the water cover may have caused the diffusion of SQ4 from the tailings into the water cover."

Jan 1, 1997

By Haslam C. O, Los V. L, Abramson G. J

The technology applied by lonex Pty Ltd provides an important breakthrough in geochemical exploration, enabling the discovery of concealed mineral deposits to great depths below surface. Most mineral discoveries have been made in areas of outcrop or relatively shallow cover; deposits at greater depth have been beyond the range of conventional geophysical and geochemical methods. Quite apart from the need to explore to greater depths in regions of major current or past production, most continents have vast areas where prospective host rocks are concealed by more recent material. There are numerous case studies where Ionex methods have located deeply-buried metal deposits, up to 500 m below surface, beneath thick younger sedimentary, volcanic, or transported cover. Research leading to the development of this technology was initiated by Dr I S Goldberg at the Rudgeofizika Institute in St Petersburg (CIS), and the methods have been employed there - and in other countries - for many years. Ionex technology became available in Australia in 1993. It comprises: ò geochemical and geoelectrochemical sampling and ultra-high-sensitivity analysis for mobile and weakly-bonded elements (I S Goldberg); ò the delineation and interpretation of regional zones of enrichment and depletion of the prime elements within geoelectrochemical systems (GES) (I S Goldberg); ò the investigation and interpretation of the three-dimensional geochemical zoning within geochemical anomalies (G J Abramson); and ò multi-variate computer modelling of the geochemical fields and systems (V L Los). lonex technology has been adapted to the environmental conditions in Australia with the participation of C 0 Haslam.

Jan 1, 1997

By James Wm. White

Computer-based mine management systems are being used in many surface mines to assign haul trucks, track equipment and manage information. Advances in digital communications allow these systems to be used in underground operations. Underground mine management systems help maximize production by providing gains in equipment and manpower use, drawpoint equalization in block caving operations, preventive maintenance and safety. Current systems use allocated or "locked" train and load-haul-dump (LHD) dispatching. Allocated dispatching rarely optimizes open pit product' on. But it offers an efficient mode of operation underground and where options are more limited. The primary objectives of underground mine management systems are to maximize production and mini¬mize contention time through allocated train, truck or LHD dispatching, traffic control, equipment monitoring and comprehensive reporting. The main components of an underground mine management system include: ? A central computer (personal computer or worksta¬tion) in a central control center. It sends instructions to train, truck or LHD drivers and allows dispatcher interaction. ? A field computer system (FCS). This consists of a touch-screen graphics console (GC) and mobile hub - on each train, truck or LHD to receive and display instructions from the central computer and accept driver input. ? A data radio network based on leaky feeder (data, voice, video) or microcell radios (data only) and advanced token-ring technology. This passes information between the central computer and the FCSs. ? Radio frequency (RF) tags mounted at boxes, weigh bridges, tips and rim tunnel main haulage ways to locate trains or LHDs (Luke, 1993). Such a management system must be in place before implementing computer-based dispatching (Vagenas, 1991) for production optimization.

Jan 1, 1997

By Andy Schroeder

Located in Hamilton, Ontario Canada, Berminghammer Foundation Equipment, is a manufacturer of advanced foundation equipment with 30 years of experience. The company is represented in more than 20 countries world wide, maintains an extensive Research and Development team, and has earned a reputation for finding the most practical solutions to the most challenging projects. The vertical travel lead, referred to as "VTL" system, was first developed and patented by C.W. Bermingham in the 1970's. This lead system was developed in response to the fundamental limitations of either a fixed lead or hanging lead system. The fixed lead system is well suited to level job sites with few obstructions and has the advantage of faster positioning of the lead, the hanging lead is very adaptable to different elevations and batter piles but takes much longer to position. Therefore the Vertical Travel Lead was developed to combine the advantages of fixed leads, fast and accurate positioning, with the ability to adjust the height of the lead base up or down. The VTL lead is connected to the boom by a sliding connection which allows the lead to be elevated or lowered below grade. The advantages of the VTL system were recognized by many foundation specialists and they have become the Industry standard in Canada , US Railway Construction , and many parts of the USA.

Jan 1, 1997

By J Deen, P Sterk, W Forsyth

Homestake Mining Company has made a firm commitment to develop a functional and cost effective perimeter blasting program. The goal of the program is to develop smooth, sound walls in all development ends. A good perimeter blasting method will improve safety, reduce waste rock handling, allow easier support installation and reduce scaling time. All the benefits will contribute to an overall reduction in total development costs.

Jan 1, 1997

Industrial Minerals production in New Zealand is limited in both quantity and range, but imported in quantities that make New Zealand the world's biggest consumer per head of population. The use of industrial minerals is assured as both population and standard of living increase regularly. But to develop these minerals in the New Zealand environment requires the mineral, or its market (both local and export), to have characteristics that negate the remote geographical location. Volume and/or uniqueness can achieve this.

Jan 1, 1997

The 100th Annual General Meeting of The South African Institute of Mining and Metallurgy was held in the Gold Room, Transvaal Automobile Club, 60 5th Street, Lower Houghton, Johannesburg on Wednesday, 13th August, 1997. Obituaries The President announced the death, during the year, of the following members: Honorary Life Fellows and Past Presidents D.M. Jamieson, V.C. Robinson Fellows S. Goodwin, M.W. Johns Retired Fellows T.F. Muller, P.L. Nathan, N. Orsmond, R.J. Ortlepp, H.S. Sichel, K.E. Steele, W.B.L. Steuart, N.B. Vinson Member J.P. Hatfield Retired Members S.T. Baron, B.F. Pinder Retired Associate F.J.A. van Reenen In memory of the deceased and in sympathy with the bereaved, all rose and observed a moment of silence.

Jan 1, 1997

By P R. L Browne

Study of geothermal systems in the Taupo Volcanic Zone (TVZ) has significantly advanced our understanding of the processes of epithermal mineralisation. The three main lessons learnt are: 1. knowledge of their chemical anatomy; 2. precious metal transport and deposition; and 3. hydrothermal alteration zoning. These are described in the context of ore formation and exploration.

Jan 1, 1997

By C E. J de Ronde, J G. Scott

Economic gold mineralisation was discovered at Round Hill by Homestake NZ Limited in 1984 and was subsequently put into production by Macraes Mining Company Limited (MMCL) in 1990. The total mineral resource in 1990 was estimated at 41.4 Mt @ 1.42 glt at a 0.7g/t cut off, for 1.8 Moz of gold. Since project start up the mill has been upgraded twice to increase throughput and reached its current capacity of 3.2 Mtpa. At 31 December 1996, a total of 16.2 Mt of ore at average grade of 1.73 g/t has been excavated, yielding 655,000 oz of gold. MMCL began exploration along the Hyde Macraes Shear Zone in 1994. Since 1994, exploration has been successful with the discovery of over 3.5 Moz of gold. The resource now stands at 110 Mt @ 1.46 g/t gold for 5.1 Moz. This success has led to a planned expansion of the processing capacity to 9 Mtpa with the building of a new 6 Mtpa processing plant.

Jan 1, 1997

By R. L. Grayson

Using powerful database management software, nested-field analysis and microanalysis of narratives have been made of West Virginia accident data, resulting in a new approach for targeting and prioritizing safety interventions by county, mine size, specific mine, job title, type injury, etc. and combinations of these parameters. The analyses have been useful in focusing training and discussion sessions on specific work problems, trends, conditions, and situations for targeted groups of miners. Application of the technique will be presented in this paper, along with comparisons of various mine performance measures.

Jan 1, 1997

By Peter Raziszewski

"A ball charge dynamics model is presented. Simulation results are compared with observed data showing good correlation. Based on the charge dynamics models, a liner wear model is presented along with some wear simulation results. Using the charge dynamics model with the liner wear model, it is possible to envision the predictions of mill power consumption as a function of liner wear. Further work is needed to validate the liner wear model.IntroductionFrom a process control point of view, industrial systems can be considered stationary or non-stationary. For example, the physical properties, such as geometric and/or material, of a system considered stationary do not change with time. However, this is not true for non-stationary systems such as those found in the mining industry where process dynamics are often violent with wear being an intrinsic process phenomenon.In this paper, a model for ball charge dynamics will be presented along with a description for liner wear. Simulation results for power draft prediction using the charge model will be compared with observed data. Further, liner wear results will also be presented."

Jan 1, 1997

Jan 1, 1997

The Highlands Region of Papua New Guinea has 3 major national highways. The locations of these national highways are shown in Figure 1. The Highlands Highway begins at Lae City on the coast and passes through the Highlands towns of Goroka, Kundiawa and Mt Hagen. It terminates at Togoba approximately 10km out of Mt Hagen town. The Enga Highway begins at Togoba and passes through the towns of Wapenamanda, Wabag and Laiagam. It terminates at the giant Porgera Gold Mine. The Southern Highlands Highway also begins at Togoba and passes through the major towns of Mendi, and Tari. It terminates at Koroba station, near the Hides Gas Field. Two separate Feeder roads intersecting the main highway service both the Kutubu Oil Project and the Hides Gas Field. These national Highways play a very important role in the development of Papua New Guinea. Goods and services are delivered to the bulk of the population of the Highlands Region using these highways. Heavy machinery and equipment for the mining and petroleum projects of Porgera, Hides and Kutubu are transported using these roads.

Jan 1, 1997

Modem mineral exploration and development takes place within a data-rich context underpinned by a wide range of data acquisition, processing and interpretation technologies. This leads to requirements for consistent and explicit methods by which the relative risks - or success probabilities - of exploration programs can be assessed and communicated. Bayesian risk assessment methods are outlined which provide a starting point for this more rigorous approach to exploration investment.   Effective governance of information technologies becomes a core function of the modem competitive Board. As such it becomes a component of any business audit and any assessment of the quality and success potential of a company. Limited data however suggest that the average Board may be under-represented in this increasingly critical skill area.

Jan 1, 1997

By Robert A. Jankowski, Ellsworth R. Spencer, Jay F. Colinet

Longwall mining is the most productive method of under- ground coal mining in the United States (US.), and record levels of production have been reached in recent years. These ever-improving production levels have the potential to generate significantly higher quantities of respirable dust. Consequently, the longwall industry continues to struggle with controlling dust liberation and maintaining compliance with the federally-mandated respirable dust standard. In response, longwall operators have in- creased the application of primary dust controls, airflow and water flow, in an effort to improve respirable dust control and reduce worker exposure. Pittsburgh Research Center (PRC) personnel conducted dust surveys at 13 longwalls operating throughout the U.S. and collected information to: identify current operating practices on these longwalls, identify the types of dust controls in use, document the levels at which these controls are being applied, and measure the respirable dust levels present. This data was analyzed to quantify the dust levels generated by the major sources on the longwall section and to evaluate the relative effectiveness of the control technologies in use.

Jan 1, 1997

By Richard E. Danell

"There are a variety of approaches for wall control blasting in open pit mining operations. Safety forworking in the pit is the principal benefit. There are also a number of economic and productivitybenefits when appropriate techniques are used. The purpose and requirements of wall control blasting can vary quite significantly for different operations. When considering blast design, geology, geotechnical factors, drilling, explosives, economics and blasting history are all part of the engineering design process. In many operations, there is a high reliance on blasting history and economics for determining wall control blasting measures. This presentation outlines approaches that broaden the design process and discusses their advantages."

Jan 1, 1997