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By F T. Suorineni

Empirical methods are deeply rooted in geomechanics. This is a consequence of the recognised complexity of the nature of the rock mass. The usual assumptions of material continuity, homogeneity, isotropicity and linear elasticity often assumed for soil, concrete and steel are difficult to justify in a rock mass except for mathematical convenience. These assumptions form the bases for most mechanistic, analytical and numerical methods in geomechanics. Believers in empirical methods argue that the complexity of the rock mass and its interaction with structures developed in it is adequately accounted for in empirical methods, which compensate for our ignorance.Franklin (1993) defines empirical design as quantified judgement based on experience. He further states that empirical methods often prove ‘closer’ to the ‘truth’ than the apparently more precise predictions of theoretical analysis, adding that based on real data empirical methods provide a standard against which theoretical predictions are measured and can be judged. This paper takes a critical look at the common empirical methods in geomechanics – rock mass classification systems (Bieniawski, 1973; Barton, Lien and Lunde, 1974; Hoek, 1994a), Laubscher block caving design rules (Laubscher, 1994), the stability graph (Mathews et al, 1981), pillar design equations (Salamon and Munro, 1967; Hedley and Grant, 1972; and their derivatives), pillar design chart (Lunder and Pakalnis, 1997) and failure criteria (Hoek and Brown, 1980; and its derivatives). The common thread in the application of these methods is that in most cases they are often applied blindly without an understanding of the underlying assumptions and database limits. This paper emphasises that users of these methods need to know the underlying assumptions, database limits and inherent hidden risks that are often unmentionable for their satisfactory use. Finally, suggestions are provided for the efficient use of empirical methods and how they can be improved.CITATION:Suorineni, F T, 2014. Reflections on empirical methods in geomechanics – the unmentionables and hidden risks, in Proceedings AusRock 2014: Third Australasian Ground Control in Mining Conference , pp 143–156 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 5, 2014

By C A. Foss, D A. Clark, D Hillan

While magnetic surveys are the most common geophysical method used in mineral exploration, magnetics and geology remain to be fully integrated quantitatively in iron ore provinces. Although high-resolution aeromagnetic data has been collected over prospective areas of the Hamersley Province, much of the information in the data sets has hitherto not been fully exploited due to a lack of suitable interpretation methods. Recent advances in the processing and modelling of magnetics in highly magnetic terrains, constrained inversion and 3D visualisation and understanding the magnetic properties of banded iron formations and iron ores potentially create the capability to generate realistic 3D mapping of magnetite and hematite concentrations over large areas. Initial processing of conventional total magnetic intensity data produces true potential field maps that are unaffected by local perturbations of the regional geomagnetic field direction by intense local anomalies. The true potential field can be converted into vector and tensor components, each of which emphasises different structural features of the geology. Scalar quantities derived from these components simplify interpretation, using new methods, developed by CSIRO and elsewhere, that are less sensitive to magnetisation direction. Preliminary interpretations allow interpolation between mapped units and structures and evaluation of remanence and anisotropy effects. Accurate modelling requires rigourous treatment of self-demagnetisation and magnetic interaction effects. Semi-automated constrained inversion, combining magnetics with available geological information and other geophysical data, can be utilised to generate models of disposition of major magnetic units and the 3D magnetisation distribution within them. The final stage of interpretation is to exploit the understanding of magnetic properties (susceptibility, anisotropy and remanence) developed over many studies by CSIRO, the University of Western Australia and others to convert the interpreted magnetisation distributions into 3D maps of magnetite and hematite contents, which are the quantities of direct exploration interest.CITATION:Clark, D A, Foss, C A, Austin, J and Hillan, D, 2015. Three-dimensional mapping of magnetite and hematite concentrations from reprocessing of detailed aeromagnetic data, in Proceedings Iron Ore 2015, pp 229–240 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By A Woodley, A N. Danoucaras

In 2012 the Bureau of Meteorology, under the banner of the Water Accounting Standards Board, released the Australian Water Accounting Standard 1 (AWAS 1). This standard has been in development since 2007 with key milestones being the release of the Preliminary Australian Water Accounting Standard in 2009 and the exposure draft of the Australian Water Accounting Standard in 2010. Throughout this period, the Minerals Council of AustraliaÆs Water Accounting Framework has developed concurrently with the Australian standards and the standards have informed elements of the framework. However, the framework is not identical to the standard as the objectives between the two are different. The objective of the Water Accounting Framework is to create consistency in water reporting of the minerals industry and to assist companies reporting to corporate sustainability initiatives. The objective of AWAS 1 is to provide information to water management bodies to facilitate decisions about the allocation of water resources. Companies are to report on an annual basis - not only physical flows of water but contractual requirements to supply and obtain water - regardless of whether the transaction has been fulfilled in the reporting period. In contrast, the Water Accounting Framework only reports on flows that have physically happened. The paper will provide summary information on aspects of AWAS 1 that are most relevant to the minerals industry, show the alignment and differences between AWAS 1 and the Water Accounting Framework and explain how to obtain the information for the AWAS 1 reporting statements.CITATION:Danoucaras, A N and Woodley, A, 2013. Alignment and differences between the Australian Water Accounting Standard and the Water Accounting Framework for the minerals industry, in Proceedings Water in Mining 2013 , pp 85-90 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 26, 2013

By T Ma, F T. Suorineni, Q He, J Oh

Directional hydraulic fracturing was invented by Polish experts and was first applied in coal mining to prevent hard roof rock bursts. Based on its successful application in coal mining, directional hydraulic fracturing has the potential to reorientate the hydraulic fracture trajectory. Recently, this technique has been introduced into cave mining for the purpose of lowering breakdown pressure. The hydraulic fracture is much easier to initiate with the assistance of an initial notch. No systematic theoretical or experimental studies have been carried out to investigate the influencing factors in the hydraulic fracture reorientation process. In this paper, the numerical modelling software Realistic Failure Process Analysis3D (RFPA3D) – Flow Version is used to study the influence of the in situ stress condition and rock mass heterogeneity on directional hydraulic fracturing in brittle heterogeneous rock masses. Firstly, the reliability of RFPA3D in simulating hydraulic fracturing is validated by comparing its results with experimental results and the simulation results from the extended finite element method. The hydraulic fracture trajectory is then observed in a three-dimensional stress environment. The results indicate that for the in situ stress condition, when the borehole lies in the ?2–?3 plane, only the difference between ?2 and ?3 has an important influence on hydraulic fracture reorientation. Furthermore, rock mass heterogeneity is a key factor that must be accounted for when fracture reorientation is required.CITATION:He, Q, Suorineni, F T, Ma, T and Oh, J, 2016. Modelling directional hydraulic fractures in heterogeneous rock masses, in Proceedings Seventh International Conference and Exhibition on Mass Mining (MassMin 2016), pp 369–384 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 9, 2016

By Rashleigh C

The selection and application of an effect- ive firing system first require a clear under- standing of the initiating abilities of the com- ponents in such systems. The conditions under which charges can be prematurely initiated by a detonating cord downline must be appreciated. This is a principal consideration in the design of a successful downline/'Anodet'/primer assembly. The advantages and limitations of an electric and several non-electric initiating systems are explained. The factors which in- fluenced selection of the two most suitable systems for use at Isa Mine (viz. downline/ 'Anodet'/primer assemblies and the reinforced long-lead 'Anodet'-type delay system) are dis- cussed. Blasts are detailed in which each of these has been applied. The initiating design for a hypothetical 2 x 106 tonne blast using electric short delay detonators and multi-channel exploders is presented. In this design, charges in remote blastholes are activated after the detonation of earlier firing charges by protecting the firing lines with sandbags.

Jan 1, 1978

By Sullivan T. D

The Lochiel Deposit is a large occurrence of soft brown coal about 130 km north of Adelaide. The deposit is undergoing continued evalua- tion of which an integral part was the excavation of a Trial Pit. The Trial Pit was deemed necessary to demonstrate that the deposit may be mined efficiently by draglines and the particular emphasis was on the geotech- nical and hydrogeological aspects of what may be termed difficult mining conditions. The dewatering of the Trial Pit was commenced in September 1986. After considerable planning and excavation was successfully completed in May 1987. The project is unique in terms of its size and technical com- plexity. It entailed excavation of over 230,000 m3 of overburden to an overall depth of 36 metres. The excavated material was utilised for experimentation in a Trial Dump. Included in the Trial Pit design were several novel techniques includ- ing depressurisation drains to improve mining conditions in soil strength materials and the use of vacuum to aid dewatering.

Jan 1, 1988

By Richards BG, Komdeur W

Instability in spoil piles and in high wall slopes in natural overburden has been ex- perienced at Utah's Goonyella Mine since com- mencement of operations in early 1971. Annual production targets, although gener- ally met since the commencement of operations, required modifications to stripping and mining techniques and the rapid re-scheduling of oper- ations around unstable areas, but culminated in the earlier than planned acquisition of addit- ional stripping equipment. An understanding of failure mechanisms was developed within a collaborative study of pitwall instability between Utah Development Company and the C.S.I.R.O. Division of Applied Geomechanics. Results showed that pitwall instability occurs as structurally controlled deformations along planar failure surfaces; spoil pile failures are precipitated by moist- ure ingress and subsequent loss of strength of base layer materials; highwall failures de- velop over areally extensive bedding planes in conjunction with inclined and subvertical fractures caused by overburden blast damage.

Jan 1, 1978

Underground mine ventilation is now com monly simulated on a digital computer. Such a programme, incorporating natural ventilation has been modified by others to account for methane emission and elevated local tempera- tures. At Wollongong University, the pro- gramme was further developed and extensive interactive graphics incorporated such that any view of the three dimensional mine could be viewed, and superimposed upon that view are areas where a nominated parameter has exceeded a particular value - generally at a nominated time after a particular event and usually a fire/explosion of one type or another. A further programme was developed such that up to 20 'times' could be examined at a particu- lar location after say, a fuel rich fire at some other place in the mine. The output from this programme includes a plot of methane 1, smoke 1, temperature, pressure and air flow versus time - a most useful graphic to observe the limits of safe attendance in a particular Airway.

Jan 1, 1983

By Klenowski G, Gilmour G. A

The Metropolitan Water Supply, Sewerage and Drainage Board, Perth, has recently con- structed two major sewerage tunnels in the metropolitan area and a further one is under construction. These tunnels were constructed in sand, sandstone and limestone. The Tamala Limestone is a Pleistocene calcareous dune sand which now varies in com position from loose sand to cemented rock. Investigation techniques included surface mapping, auger and diamond core drilling, seismic refraction geophysics and mechanical testing. The variable nature of the ground caused difficulties in all aspects of the investigation, particularly in core recovery and seismic work. The Beenyup Tunnel, 2.25m in diameter and 3440m long was excavated with a Dosco TBM 1800 machine and shield with precast concrete Charcon Universal bolted segment lining. The Burns Beach Sewer Tunnel, 1.27m in diameter and 860m long was hand excavated with precast reinforced concrete lining pipes jacked continuously behind an excavation

Jan 1, 1981

By J Tickner, Y Van Haarlem, G Roach, D Abernethy, M Smith, J OÆDwyer

The development of novel technologies capable of real-time, high-accuracy, automated analysis of gold, other precious metals and mineralogy, both in ore samples and directly on process streams is reported.X-ray fluorescence (XRF) analysis is widely used for process stream monitoring of base metals. However, detection limits are generally a few parts-per-million (ppm) or larger, precluding the use of this method for monitoring precious metals. Complex interferences with other elements also limit accuracy. An XRF slurry analyser that uses advanced data-analysis techniques to resolve overlapping fluorescence lines, achieving detection limits in the parts-per-billion (ppb) range has been developed. This allows feed, concentrate and tailings streams in precious metal applications to be monitored in real-time. An extended trial of our technology in a platinum group element concentrator and laboratory tests on gold process slurries in the 0.1 - 2.0 ppm concentration range is discussed.Analysis of process stream mineralogy can provide useful information to supplement conventional elemental data. An on-stream X-ray diffraction analysis technique that provide real-time mineral and elemental measurement of process slurry streams has been developed. Both X-ray techniques can be combined into a single on-stream analyser to provide simultaneous elemental and mineralogical information. The successful trial of a combined XRDF (X-ray diffraction and fluorescence) slurry analyser is also reported.It is widely recognised that rapid, accurate analysis of grade is an essential prerequisite for optimising the efficiency of exploration, mining and processing of metals ores. The low grades of precious metals ores, such as gold and the platinum group elements, have led to fire assay becoming the predominant analysis technique. Significant drawbacks of fire assay include long turn-around times, limited absolute accuracy, high costs and requirement for skilled operating staff. For rapid measurement of gold samples, a technique that allows the gold content of large samples to be determined absolutely with high accuracy in less than two minutes using activation with high-energy X-rays has been developed. The method is non-destructive, has detection limits in the low ppb range, is capable of measuring slurries, ground or crushed solids with minimal preparation and can be made fully automatic. Initial results from laboratory trials are presented.CITATION:Roach, G, Abernethy, D, OÆDwyer, J, Smith, M, Tickner, J and Van Haarlem, Y, 2013. Advanced instrumentation for analysis of exploration, mining and process materials, in Proceedings World Gold 2013 , pp 277-282 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 26, 2013

By C Katonga

Mindola mine is currently the deepest mine in the Zambian copper belt. Stoping is currently active to 1330 m below surface with long range plans indicating future production from 1590 m level. The orebody is tabular and dips between 55o to vertical. The thickness varies from 8 to 14 m. The vertical crater retreat method of mining was first introduced at Mindola mine in the late-1980s following several trials that helped define the design criteria for its application. Over the last ten years the method has been continually modified to improve safety and maximise ore production. For example, due to the weakness of some rock units within the orebody formation and the instability of the hanging wall, the last VCR slices are usually between 8 - 10 m thick, and efforts are being made to strictly apply shrinkage method in order to reduce dilution. Recent advances in mining technology in the areas of equipment, blasting techniques, rock mechanics and materials handling have been employed to increase the overall productivity of the mine. Large down-the-hole machines capable of drilling 165 mm diameter blast holes, up to 80 m long are used in stoping. Each stope produces up to 20 000 tonnes of ore per month and can last for three months. Heavy systematic ground support of VCR development has significantly enhanced safety for mining crews and equipment. Crater mining has not only improved productivity and enhanced safety, but also overcome various problems associated with conventional sublevel open stoping previously employed at the mine. This paper discusses the technical and operational aspects of vertical crater retreat mining at Mindola mine during the last ten years. The changes in mining method are often accompanied by changes in mine design, blast design, mining equipment, ground support and operating practices.

Jan 1, 2000

A broker relies heavily on mineral valuations and independent experts' reports to provide the fundamental information, both technical and commercial, which provides the basis of estimating the sharemarket value of securities and underlying assets. It is important to appreciate the significant variance that can occur between the market value and other types of valuation at a particular point in time. In general, most experts' reports and valuations seek to provide estimates of technical/fundamental or ""fair"" value which correspond to the Corporations Law and accounting standards requirements. They do not usually attempt to estimate (stock) market values and it is usually and quite correctly the broker's task to estimate market values on the basis of a technical appraisal and consideration of all other commercial, market and financial influences. Therefore ideally, an independent experts' report or information memorandum will include material relating to commercial and management aspects of a company as well as detailed technical reviews and fundamental valuations. Wherever sensible cash flow projections can be made, cash flow-derived valuations, usually based on discounted cash flow (DCF) calculations, remain the preferred valuation methodology. Brokers in general would not argue with this preference. However, there is a paucity of examples of valuations where alternative methods are applied as a check on the reasonableness of a DCF-based estimate.

Jan 1, 1994

By C Tapia Cortez, C Sammut, S Saydam, J Coulton

‘Like every other commodity, the value of the metals is subject to variation’ (Ricardo, 1817). Mineral commodity price uncertainties have always been a significant issue in mining business due to the close relation between global economic conditions and commodity prices, which commonly generates significant and unexpected price fluctuations. Price forecasts have been driven by economic theory, which states that in the long-run market will be balanced and that prices tend to the marginal cost of production. However, this theory has been misunderstood in the mining industry and future prices through time, in real terms, are assumed to be unchanged. This is unrealistic due to regardless of the cycling nature of economy and the omission of uncertainties. Furthermore, using historical data in traditional price forecast approaches does not guarantee realistic predictions as past events will not necessarily be repeated at the same intervals and with the same intensity. Mining, finance and economic sectors have made significant research efforts to predict prices and control uncertainties through classic linear, Gaussian and probabilistic simulation approaches. However, by definition, uncertainties cannot be measured or accurately modelled. Uncertainties can be identified to measure and manage the associated risks; therefore, uncertainties in mining projects have been historically misinterpreted, erroneously measured and poorly controlled. It is widely known that supply and demand functions drive market prices. While technological development noticeably influences supply, demand is strongly driven by psychological factors, mainly related to customer preferences and lifestyle expectations. Thus, human behaviour is one, or if not, the most important variable to determine commodity prices in a competitive market. During the last decades, alternative methodologies have been used to study uncertainties in human, environmental and market behaviours. Chaos theory, fractals, artificial intelligence and econophysics have been widely and successfully used to investigate complex dynamic systems to address uncertainties over time in the fields of neurosciences, meteorology, aviation and market trading. The application of these techniques in the market suggests a more realistic approach to the business environment. Through the combination of the methodologies above a novel long-run price uncertainties simulation approach that emphasise the differences between risks and uncertainties is proposed in this paper. CITATION:Tapia Cortez, C, Saydam, S, Coulton, J and Sammut, C, 2015. Copper price uncertainties – chaos theory to manage risks in mining projects, in Proceedings Third International Future Mining Conference, pp 261–272 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 4, 2015

By C J. R Hart, J K. Mortensen

The distribution of mineral deposits within northwestern North America (Alaska, Yukon, and northern British Columbia) allows for an in-depth examination of the metallogenic patterns of a growing continental margin. A more complete understanding of the tectonic evolution of this part of the Pacific Rim, achieved over the last 15 to 20 years, now allows for the placement of ore systems into a well-defined plate tectonic framework. Ore deposits older than about 185 Ma represent hydrothermal systems that were active in the platform/shelf environment of ancestral North AmericaÆs miogeocline or hydrothermal systems developed in oceanic arcs and continental fragments more distal to the craton. These include important SEDEX, VMS, and pre-accretionary porphyry deposits. In contrast, most mineral deposits younger than about 185 Ma were formed within the growing Cordilleran orogen, as terranes were accreted to the continental margin during interactions between the North America and Pacific/Farallon/Kula plates. Such syn- to post-accretionary mineralised systems include many large lode gold and porphyry/skarn systems.

Jan 1, 1999

By E Ben-Awuah

Mine planning is the backbone of all mining enterprises and determines the profitability or otherwise of any mining investment. Providing high quality ore and tailings containment at the right time are the main drivers in oil sands mining. Recent environmental and regulatory requirements also makes waste management an integral part of mine planning in the oil sands industry (Directive 074). Due to the limitation of lease area, the pit phase advancement in oil sands mining is carried out simultaneously with the construction of tailings dykes in the mined out areas of the pit. These in-pit dykes are constructed to hold tailings that are produced during the processing of the oil sands ore after an initial external tailings facility. Most of the materials used in constructing these in-pit and ex-pit dykes come from the oil sands mining operation, making it necessary to have a plan for supplying the dyke material. The research problem here is categorised as: determining the order of extraction of ore, dyke material and waste to be removed from a predefined ultimate pit limit over the mine life that maximises the net present value of the operation û a strategic schedule; anddetermining the destination of dyke material that minimises construction cost depending on the construction requirements of the various dykes as per their designs û an operational schedule. There has been developed, implemented and verified a theoretical optimisation framework based on mixed integer goal programming (MIGP) to address the oil sands long-term production scheduling and waste management problem. The research introduced the development of multiple material types and multiple destination optimisation techniques using MIGP in the context of mine planning. This study presents an integration of mixed integer programming and goal programming in solving large-scale mine planning optimisation problems using clustering and pushback techniques.

Sep 26, 2011

Just as geophysics, in the form of 3D seismic and wireline logging, plays a key role in petroleum reservoir management, so too will geophysics play an important role in mining of coal, metals, and minerals in the 21 st century. The commercial and social imperatives driving greater use of geophysics are reduced costs, increased revenues, and enhanced safety. In short, superior utilisation of capital and management of risks. In relatively undeformed sedimentary environments it is possible to adapt petroleum-style 3D reflection seismic to image mines. This has been demonstrated most impressively in the Witwatersrand. Anglo-American, for example, completed a $1 million 3D seismic survey at Western Deeps in order to site a new $300 million shaft with confidence. Likewise, 3D seismic has gained rapid acceptance at Australian coal mines in recent years. Encouraged by these successes, metalliferous mining companies are supporting research in Canada and Australia, as well as South Africa, to adapt 3D seismic for more highly structured, metamorphic terranes. Because the mining industry is far more diverse than the petroleum industry in terms of commodities and geological environments, 3D seismic is not always cost-effective. A plethora of other geophysical techniques can be applied, many of which are employed in mineral exploration. Mine applications of geophysics differ from traditional exploration applications in two main ways: time scales and length scales are shorter, and boreholes are more plentiful. Borehole geophysical techniques therefore play a more significant role, both for logging and imaging. Logging systems detail the variations of in situ physical properties down the borehole at scales measured in centimetres, while geophysical imaging techniques can map features located tens or even hundreds of metres from the sensors. While geologists tend to think of boreholes in terms of chips and core, geophysicists perceive them first and foremost as access paths for instruments. Borehole logging has been employed at iron and coal mines for decades, mainly to accurately define ore boundaries in delineation holes. In base metal mines, Outokumpu implemented logging widely for orebody delineation in percussion holes in the 1980s. The benefit was a direct cost-saving, arising from substitution of core drilling with percussion drilling plus borehole logging. The practice has since spread to other companies. INCO, for example, defines nickel boundaries in blast holes at Sudbury using conductivity logs. The benefits are in the form of reduced dilution and enhanced ore recovery, flowing from a more accurate mine model. Density, natural gamma radiation, magnetic susceptibility, and conductivity are the principal metalliferous mine logging parameters because they can be recorded in both dry and water-filled holes. Sonic velocity is the premier geotechnical logging parameter, given its sensitivity to rock strength, stress, porosity, and degree of fracturing. Sonic is recorded routinely in exploration and geotechnical holes at coal mines. With the advent of slimline dipmeter, full waveform sonic, and optical and acoustic scanner tools, the role of borehole logging in geotechnical evaluations is expanding. Monitoring of strain and micro-seismic activity enhances safety during mine production. While qualitative interpretation of logs is adequate for stratigraphic identification or definition of boundaries, a wealth of quantitative information, eg density, can be derived from properly calibrated, repeatable geophysical logs. Moreover, geophysical logs can sometimes serve as surrogates for geochemical assays, and not only for magnetite and uranium. At OutokumpuÆs Kemi chromite mine, for example, gamma-gamma logging provides the basis for grade control. By reducing reliance on assaying, three benefits can be realised: reduced reliance on core drilling; lower core handling and assaying costs; and shorter turn-around times. Conventional downhole EM and borehole magnetics are used for near-mine exploration, and for ground sterilisation. Inco has enjoyed considerable success with borehole UTEM in the Sudbury Basin, for example, and Geopeko has applied three-component borehole magnetics successfully in the Tennant Creek area. Electrical techniques such as applied potential and magnetometric resistivity (MMR) are also finding application at mines. For higher resolution, borehole seismic, radio imaging, and radar have been invoked, with varying degrees of success, to delineate orebodies and map structures, or to geotechnically characterise the rock mass and identify hazards. Success mapping nickel sulphide shoots with borehole radar has been reported by WMC at Kambalda. There are no universal geophysical panaceas, and each mine imposes different geological, logistical, and economic constraints. Geophysics will not always be cost-effective. However, the greatest single impediment to expanded use of geophysics at mines has been the low level of awareness of geophysics on the part of most mine geologists, engineers, and managers and, equally, the limited understanding of mine geology and engineering exhibited by the majority of geophysicists. This myopia will be remembered as a 20th century affliction! Blue Sky areas for mine geophysics in the next ten years include integration of geophysical data acquisition with drilling, enhanced grade estimation and rock mass characterisation, and the incorporation of geophysical information into mine models using geostatistical techniques. All these advances will be predicated on an expansion of petrophysical knowledge.

Jan 1, 2000

The words ""Uncertainty"" and ""Risk"" pervade every discussion about mining exploration and investment. Perhaps these terms are subjectively understood by industry professionals, but objective portrayal of these concepts outside the industry is a woefully undeveloped science. This paper addresses current industry understanding and practice regarding quantitative risk assessment techniques, and provides examples of the application of three of these techniques. Probabilistic techniques for financial risk assessment are valuable adjuncts to conventional financial analysis, and address a range of issues not assessable by any other means. The value of whole-of-project probabilistic risk assessment is currently debatable for decision-making purposes, but is seen as important as a mechanism to focus attention to the critical issues that ultimately impact on project success. The dissection of project capital into risk and non-risk components provides valuable insights into risk characteristics not readily quantifiable in any other way. This technique also provides a framework for more objective ""what if?"" scenario evaluation and for the capital structure of resource projects. Finally, mechanisms for the valuation of undeveloped reserves are examined, and guidelines suggested. The importance of reliability in production cost estimates is highlighted and the impact of early development on reserve valuations is discussed. The importance of economics throughout all stages of the evaluation process is fundamental.

Jan 1, 1994

By Dean J. A, Taube A, White A. H, Messenger P. R, Jones I. W O, Huston D. L

The 50 million tonne Mount Morgan gold-copper deposit (4.99 g/t Au, 0.72 per cent Cu) was an irregular pipe-like body of quartz and pyrite, with subordinate chalcopyrite, magnetite and gold. Mineralisation was hosted by the Middle Devonian Mine Corridor Volcanics which occur as a roof pendant within the Late Devonian Mount Morgan Tonalite. On three sides, the deposit was enclosed by a series of normal, concave, listric faults and surrounded by outward-dipping Mine Corridor Volcanics. The tonalite which bounded the western side of the deposit transgresses the domal structure with no apparent interference. A pipe of intense, texturally-destructive, quartz-sericite-chlorite ¦ pyrite underlay and partly surrounded the deposit.The volcanic setting of the deposit, its shape, metal content and associated footwall alteration are consistent with a subsea-floor replacement origin for the gold-copper mineralisation. Mineralogical studies have confirmed the deposit has been recrystallised and annealed by a thermal metamorphic event, most likely the intrusion of the Mount Morgan Tonalite. Pyrrhotite Pipe mineralisation replaces annealed massive pyrite, suggesting that it formed during retrogressive metasomatism associated with tonalite emplacement. Telluride minerals have a close association with chalcopyrite, and no evidence for a late telluride paragenetic stage was observed. Telluride mineralisation is inferred to be genetically related to the massive sulphide mineralisation, and a separate magmatogenic origin for this mineralisation is discounted.

Jan 1, 1993

By B Lavin, R Sanford

This paper examines the application of Lean Manufacturing in a mining environment, based on experience within the Rio Tinto entities: Rio Tinto Aluminium, Northparkes Mines and Hunter Valley Operations. The three applications have tested the flexibility of the Lean methodology. Within Rio Tinto, Rio Tinto Aluminium was the first group to introduce Lean. The rollout began in late 2004. It was introduced firstly at Boyne Smelters, Gladstone, as a model site with the initial application in the Carbon Bake Furnace area. It was later extended to other sites including the Weipa Bauxite Mine. LeanÆs successful application within Rio Tinto Aluminium was in part responsible for its recent adoption by other Australian-based Rio Tinto business units including Northparkes Mines, a copper mining operation in Central New South Wales, and Hunter Valley Operations, a group of four coal mines in the Hunter Valley region of New South Wales. Lean is also being adopted by Rio Tinto Iron Ore. Rio Tinto Aluminium introduced Lean Manufacturing to complement an existing Six Sigma business improvement program and to achieve continuous improvement activities at a workplace level. Lean provides a similar level of rigour and discipline to Six Sigma but its application is everyday and for everyone, everywhere in the workplace. It is a valuable management tool. In a short time, Lean has achieved good and sometimes spectacular results improving productivity and efficiency at all sites, including our mining site. Within Rio Tinto Aluminium, it has also had beneficial impacts on our ability to develop and retain employees.

Jan 1, 2006

The Porgera mine and treatment plant are located in the Enga Province of Papua New Guinea. Gold in the Porgera deposit is found free and in association with the primary sulphide mineral pyrite. The refractory nature of the gold in the pyrite r

Jan 1, 1997