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The ""multiple of exploration expenditure"" method of mineral valuation is applicable to exploration properties from the earliest stage of exploration to a moderately advanced stage but for which no resources have been delineated. While not recommended as a primary valuation method by some workers, others believe it to be the most satisfactory method of valuing exploration properties until it is possible to employ a DCF technique. In many situations facing the professional valuer, the method may represent the only semi-quantitative option available and is frequently used. Significantly it often forms the starting point in discussions to farm-in on an exploration tenement. The paper briefly reviews the definition of value as applied to mineral valuation and in particular examines the relationship between fair value and market clearing price in ""fair"", bull and bear markets. The multiple of exploration expenditure method uses previous exploration expenditure and/or future committed exploration expenditure to derive a base value for the tenements. This base value is multiplied by a prospectivity enhancement multiplier (PEM) with adjustments for market premium or discount and consideration of the quality of the exploration team to derive a fair value for the tenements. The paper will demonstrate that there is no necessary nexus between fair value derived from the method and present book Values.

Jan 1, 1994

By A E. Annels, M NoppT

Ore Reserves are key mining company assets and their reliable estimation is crucial for both feasibility studies and the day to day operation of a mine. The reserve is based on the Mineral Resource after the application of certain technical and economic parameters. Engineering aspects of reserve estimation can be accurately determined to ¦10 per cent, however the majority of project risk will revolve around the resource. A final Ore Reserve generally contains a set of figures quoted without reference to its potential errors. Rarely are overall confidence limits quoted and, if they are, they often do not take into account many of the factors that cause uncertainty in the grade and tonnage estimates. There is thus an unquantifiable risk, which the operator should be aware of. This paper presents a review of the possible sources of error that might occur during the various phases of an exploration and estimation programme which are carried through into the Ore Reserve and hence mine design.

Jan 1, 2002

The hazard posed by underground mine fires is illustrated in the first part of this paper by means of a review of experiences in four mining countries over the last three decades. This brief review indicates that while much progress has been made generally in preventing fires and providing means of protection to miners, the possibility of disasters occurring must continue to be regarded as very real. Based upon recent investigations by the South African mining industry, an integrated strategy for providing protection to personnel in the event of a fire is outlined in the second part of the paper. The main, complementary, elements in this strategy are the prevention of ignitions, the limitation of fires, provision of protection systems and equipment, training for emergencies, and effective implementation of safety measures. Some comments are made on important aspects of these elements and on possible further developments.

Jan 1, 1988

By Darby H. P, Vincent R. J

Sydney's Eastern Suburbs Railway from Central to Bondi Junction required the construc- tion of 10.4 km of single-track tunnel and five underground stations. Much of this work took place beneath the commercial centre of Australia's largest city. This paper discusses the general precautions taken and the specific design solutions made for such problems as support of a 15-storey building with foundations several metres above the excavation to ensure negligible differential settlement, excavation immediately below running tunnels, underpinning of multi-storey buildings, tunnelling under massive masonry retaining walls and demolition and rebuilding of part-completed structures.

Jan 1, 1981

This case study reviews the Charters Towers vein systems for potential open-pittable bulk tonnage resources in' stockworks, horsetails or multiple vein systems. The review summarises district evaluation undertaken over the last 18. months before specific drill evaluations.Historical mining from Charters Towers includes in excess of six million ounces at head grades of one ounce per ton. A review and structural studies show most veins as simple, tight systems without significant horsetails or multiple sheeted systems. In addition the normal gold content of the pyritic selvages ('formation') is low and disseminated gold is virtually absent. Shoots are structurally controlled on vein/vein and vein/contact intersections. Historically high production vein systems are hosted by .,.t o of the younger granodiorite phases.Geometrically most veins dip shallowly (from 45¦ to as low as 200) in a north or easterly quadrant. Flat dips permit open cut exposure of considerable vein area at a favourable stripping ratio.

Jan 1, 1986

The metallurgical works of the Electrolytic Zinc Company is situated on the Derwent Estuary, approximately five miles north of the city of Hobart and near a relatively dense housing area. Zinc concentrates, consisting chiefly of zinc and sulphur, have been roasted at Risdon for 53 years;- recently at rates of 1, 100 tons per day. The zinc content of the ores is converted to zinc calcine (ZnO), which is a dusty material. The calcine is leached with acid to form zinc sulphate, which is then electrolysed to make zinc. The sulphur is oxidised during roasting to sulphur dioxide, part of which is converted to sulphuric acid and part is dissolved in estuarine water which is then discharged to the Derwent Estuary. Photographic slides were exhibited showing the unaffected green flora of the nearby hills, of clear exit stacks, of green lawns, and of a w ll lrcnt nines hnlP anlf nniir.qa within the Wnrka hnnnrla_rv_

Jan 1, 1971

By Fairhurst RM

High pressure abrasive water jets have been shown capable of cutting a wide range of materials including steel, stone, rock and concrete. Acceptable performance can be achieved using relatively low pressures and expendable abrasives. The cutting head can be made small and abrasive feed systems have been developed that allow reliable pumping of slurries over long distances to supply such cutting heads. These features make abrasive water jets ideally suited to automated control in remote areas.Another major advantage of abrasive entraining water jet cutting heads is that they may be operated safely in potentially explosive environments due to their cold cutting ability. Therefore there are many possible applications for such equipment in mining.This paper gives an introduction to the abrasive water jet process and includes results of trials carried out at BHRA on a range of hard materials. Work is also described which investigated the operational safety of abrasive water jets in explosive environ-ments. In a special environmental chamber, cuts were made on steel and sandstone with atmospheres of methane/air and hydrogen/air, without caypsing ignition.

Jan 1, 1985

By P Krauss, S Harpalani

Methane emitted from underground coal mines, along with ventilation air and known as ventilation air methane (VAM), constitutes the largest component of coal mine methane (CMM) emissions. Atmospheric methane, on the other hand, is a potent greenhouse gas with a significant adverse impact on the atmosphere. This has led to the development of various technological alternatives for its use as an energy fuel. Techniques involving oxidation of VAM, usually consisting of very low concentrations of methane, have been validated in the past. Prominent among these technologies are the thermal and catalytic flow reversal reactors, ancillary fuel technologies, lean fuel gas turbines, and concentrators and gasifiers. However, the efficiency of any VAM utilisation technique depends on the amount and concentration of methane in the ventilation exhaust air. Therefore, quantification of VAM emission from a coal mine is the first step towards identifying the most suitable technology for its utilisation for energy production. This paper presents an evaluation of the efficacy of VAM as an energy source. It provides details of a case study aimed at developing a technique to accurately quantify VAM emission from a coal mine. It further discusses the various VAM utilisation techniques available, and presents an economic evaluation of the alternatives. Based on the findings of the study, the most feasible method for VAM utilisation is identified for the mine. The paper summarises the procedure for quantifying VAM emissions and selecting the most suitable utilisation technique.

Jan 1, 2005

By AJ LYNCH

Broken Hill metallurgists have been responsible for some of the most important developments in mineral processing technology. These occurred mainly in two periods, 1902 - 15 and 1955 - 70. Mineral flotation was developed as an industrial process during the first period and this happened in two stages, the recovery of zinc minerals from the tailings dump accumulated during the gravity concentration of the oxidised ores and the selective recovery of galena and marmatite during flotation of the primary ores. During the second period fast accurate analytical procedures were developed to provide rapid assessment of process performance, and new means of controlling the process were devised which improved throughputs, grades and recoveries. These technological successes were due to the skills of the metallurgists and the commitment of the companies. They brought large financial returns. They were achieved under difficult circumstance. There are important lessons to be learnt from these successes.

Jan 1, 1992

By Manzoori AR

From a detailed combustion testing program and earlier experience with Leigh Creek coal, the Electricity Trust of South Australia (ETSA) gained a wide insight into the use of low rank coal fired boiler plant. This work is fundamental for the selection of boiler design parameters and other details which in turn determine the correct coal deposit selection for future power station development. In addition it gives boiler designers a good indication of the measures required to give reliable plant operation. Extrapolation from experience with existing plant, the designers main source of information, was not considered appropriate because of the lack of experience with similar coals. Brown coal beneficiation is also being assessed by ETSA in an attempt to improve the coal quality by the pretreatment of the raw coal prior to combustion in future coal.fired boilers. ETSA is also involved in the development of circulating fluid bed and gasification processes to determine whether these alternative processes are a more viable method of utilising the South Australian coals than pulverised fuel firing.

Jan 1, 1987

Recent operating experience from West Australian open pit gold mines has shown that geotechnical input into initial design is rare. As a result, ground stability is poor - almost half the pits designed in this way suffer major failure.West Australian experience shows that geotechnical studies for individual mines are site specific, and therefore empirical experience cannot be transported from site to site. Geotechnical studies performed prior to design have resulted in significantly improved pit stability.

Jan 1, 1990

By Mills KW

Coal mine pillar design formulae available to mine planners are typically based on relationships determined for specific site conditions. Application of these methods is difficult when other factors, relating to mining or geological conditions, not specifically addressed in these relationships are encountered. A review of pillar design methods, coal strength properties and relevant field monitoring of pillar behaviour has shown pillar strength and deformational characteristics are extremely sensitive to in situ behaviour of the rock and other material components that make up the coal pillar system. A method has been developed that has been found to provide excellent correlation between existing field data using the strength and deformational characteristics of materials determined in selected laboratory tests. This method is based on definition of the loading conditions, accurate modelling of the strength, confining conditions and deformation occuring in the roof, floor and coal seam and definition of the in situ strength of coal based on underground monitoring of appropriately sized coal pillar. The design method is considered to provide an accurate and rigorous pillar design method that will give mine planners a more rational mine design capability which is based on the mine geometry and geological setting of the operation. It is envisaged that availability of such a method will allow significant optimisation of pillar layouts and more closely define the geological and mining issues that relate to pillar design optimisation.

Jan 1, 1992

Access roads for haulage, construction or maintenance purposes are discussed with particular attention being given to the un- sealed "all weather" form of construction for Off-Highway applications. The service conditions experienced by the surfaces used in these roads is examined. These conditions are discussed in terms of the conventional engineering properties used for natural gravel material selection. Experience gained during the construction of a pipeline access track is used to illustratE material selection guidelines based on geological input and an understanding of good construction practices. TMITDnIll IrTT Ohl In many Australian situations off-highway haulage by wheel or track supported vehicles is carried on unsealed, gravel roads. Although the unsealed gravel road is the back-bone of the rural road network in Australia, in general, traffic loadings are relatively low compared to the off-highway unsealed haulage road. The cost of the haulage/access road construction component is one important factor in project planning which needs careful consideration. It is no longer acceptable that the initial rough exploration track be gradually upgraded so that it will eventually carry construction and maintenance traffic safely and efficiently. Fatal accidents and

Jan 1, 1982

Several coal preparation plants are presently "automated" to the extent of automatic sequencing and interlocking via digital means, together with closed loop control on various level and density circuits. This paper will explore the potential for second generation automation utilizing on-stream ash analysers and other measuring elements so as to optimize the total metallurgical process. This would enable maxim-ization of recovery, improved product homogeneity and minimum reagent consumption.

Jan 1, 1985

By Sims D. A

This paper primarily describes the application of geology to the different mining methods employed in a large underground mine. The steeply dipping stratiform Silver/Lead/Zinc mineralisation at Mount Isa include up to 28 mineable orebodies. The orebodiea are mined by cut and fill, sublevel benching and sublevel open stoping; the method chosen depending mainly on orebody geomechanics.The sources and methods of data collection, and the interpretation process undertaken, are described. The paper emphasises the different geological input required, by each individual mining method, to provide the necessary production and strata control. This input contributes significantly to the success and efficiency of the operations.

Jan 1, 1990

By Morrison R. D, Kojovic T

Industry-sponsored research at the Julius Kruttschnitt Mineral Research Centre has produced models of high tension roll and electrostatic plate separators operating in mineral sands dry plants. The behaviour of mineral species has been characterised under a wide variety of operating conditions by extensive plant machine sampling and laboratory measurements. The effect of operating conditions on separator performance has been quantified by monitoring changes in the weight distribution of mineral species along the product splitter axis. The response of each mineral species has been modelled on a size-by-size basis using an average surface charge decay time and a variation in its surface properties. The models incorporate changes in machine, mineral and ambient conditions on the separation and predict all product flows, assays and size distributions. This paper outlines the structure of the models. These models are being implemented in JKSimSand, an user-friendly simulation software Package.

Jan 1, 1991

By Koppe J. C, Dimitrakopoulos R, Costa J. F

Grade control and the delineation of ore/waste in open pit operations is traditionally based on the comparison of estimated grades with an economic cut-off. This paper deals with an alternative approach to grade control based on estimating gra

Jan 1, 1998

By Yoon R-H, Luttrell GH

A theoretical model has been developed to predict the probability of particle collection by air bubbles in a quiescent flotation pulp. The model considers the effects of both hydrodynamic and surface chemistry forces acting during the bubble-particle interaction. Hydrodynamic forces considered include the gravitational, buoyancy, streamline and film thinning resistance forces. The surface chemistry forces considered include the electrostatic, dispersion and hydrophobic forces. The hydrophobic force has been estimated from extended DLVO theory. The model is capable of predicting hydrodynamic and surface chemistry conditions under which bubble-particle adhesion is possible. Validity of the model has been verified experimentally.

Jan 1, 1993

By Quadrio J. S, MacHunter A. M W

The initial development fl6tation testwork on Mt. Windarra op was completed on composited drill core intersections at the.Australian Mineral Development Laboratory. An exploratory winze provided samples, from the 130 M. level of the Mt. Windarra mine, for pilot plant and bench development tests. A limited test programme was initiated on the South Windarra drill core composites. Detailed mineralogy has been completed on selected samples from both ore deposits.

Jan 1, 1973

Synthetic hollow microspheres have demonstrated reliable sensitization and detonation characteristics in industrial explosives for almost two decades. During that time, water gel formulations and use conditions have changed. The introduction of emulsion explosives has also dictated technical improvements in microsphere sensitizers. In contrast to microspheres, gassing or other sensitizing techniques often cannot satisfy the manufacturing and blasting characteristics required of today's explosives. This paper discusses the sensitizing properties of microspheres, formulating guidelines and quality considerations. Packaging, sampling, transfer, metering, mixing and pumping information is also provided.

Jan 1, 1990