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By Massy-Greene RB

Limited recourse financing techniques reduce the financial exposure of equity holders to major mining projects by transfering some of the risks to the banks which provide loan funds for project development. This can only be achieved by a clear understanding of the principles involved. Engineering and management decisions on how the resource is to be developed and extracted must be made in the light of lender's requirements. The structure of sales contracts, joint venture agreements and many other documents can be important in limited recourse financing. If projections show that the debt can be repaid from project cash flow, loan agreements and other arrangements can restrict lenders ability to look to the equity holders for repayment of project loans.

Jan 1, 1981

By Y Wu, F-J Ping

Today, coal production accounts for about 65 per cent of the nationÆs gross energy in China. By the year 2010, the output of coal is planned to increase to 1.65 billion tonnes and by the year 2020 to 1.9 - 2.0 billion tonnes. To meet these energy needs the Chinese coal industry is developing underground coal production on a massive scale. The new drive introduced by using direct torque control (DTC) is now proven technology for mine shaft hoisting. The drive offers unequalled speed and torque control performance as well as a low impact on the supply network by controlling the power factor to unity with a minimum of harmonics distortion.

Jan 1, 2005

Mr. Bradford said: - On assuming this chair, which has been oc- cupied by so many gentlemen of conspicuous ability, my first words must be an expression of the gratitude I feel for the honour you have done me in electing me to be your President for this year. When considering the subject matter of this address to you to- night, quite frankly may it be stated that for a long time I was on the horns of a very great dilemma, for while I could discourse on the modern political trend in relation to our industries at great length, it appeared to me that this was not the place for such a discussion.

Jan 1, 1987

By Penney B. K, Baghdadi A. A

An electron probe micro-analyser, controlled by a dedicated mini-computer,has been operating at Imperial College since 1970. The data assessment capability of the computer was limited and, in order to make better use of the information produced by the analyser, extra computing facilities were needed. Following the initiation of a Laboratory Automation Project at Imperial College involving the use of a central computer linked to laboratory type computers and to further more powerful systems,it became possible to carry out much more detailed and extensive mineralogical analyses by connecting the mini -computer to the Laboratory Automation Network. The paper describes the techniques employed including hardware, software, inter- connection, analysis and operating methods.

Jan 1, 1977

By Chilman G. F, Lean P. J

The New Broken Hill Oonsolidated LImited (NBHC) concentrator was commissioned in 1952 and underwent a number of expansions over the next 25 years. In 1978, the decision was taken to expand further from 1.20 million tonne/yr to 1.43 million tonne/yr. This increase necessitated a substantial modification to an already over-taxed grinding circuit. The circuit consisted of rod mills, ball mills and rake classifiers. Plant data of grinding mill performance was obtained to develop mathematical models of individual units that could be combined to simulate total circuit performance in a number of configurations. The data provided further illustration of the validity of the perfect mixing model for relatively small increments of ball mill scale-up.

Jan 1, 1983

By Grant BPM

The lower levels at the CSA Mine have been developed to mine reserves between theNo.7 level and No.9 level.Work on major excavations for the project began during 1982 with the develop-ment of the crusher chamber, on No.9 level. The brows and walls were pre-dowelled to improve stability before mining by mass blasting techniques.At the same time work commenced on theextension of No.2 Shaft from No.7 level toNo.11 level. The shaft was stripped, using hand held drilling, to a raise bored holeand concrete lined to a diameter of 5.5 metres. Plats were developed at No.8 level, No.9level and the loading station.

Jan 1, 1985

By Stephenson IM

Research to develop the use of L.D.slag as an aggregate in road construc-tion is described. The chemistry and mineralogy of L.D. slags are shown to be generally similar to S. Yorkshire arc furnace slags, which have been success-fully used for road construction for many years, although both free lime and iron contents were found to be higher. Physical and mechanical properties are good but the slags' high density will result in lower "covering capacity"."Weathering" in stock piles is shown to significantly reduce free lime levels fairly rapidly although around 50 per cent of the mean "fresh free lime" content is still present even after two years treatment.

Jan 1, 1979

By R. A. Frith, M D. Goodz

Ore-bearing minerals that are located along microfractures are always susceptible to loss during the breakage and sampling of the material. Further losses occur with on-site sample preparation and splitting prior to laboratory analysis. In these cases solid whole rock channel or core samples should be handled with due care to ensure all fines and loose particles are collected and included in the sample for total chemical analysis.Similarly open hole and reverse circulation drill methods are not usable in areas containing old mine workings, heavily fractured ground or highly degraded/oxidised mineral assemblages. Nor are these methods usable to assess a bulk mineable target where the enriched zones were peripheral to or between old mine cavities.

Jan 1, 1993

In early-1989, subsidence due to voids at the top of previously filled stopes and stopes awaiting filling,began to threaten the 15 level fill conveyor horizon. This together with the need to maintain production targets meant that a method was required to significantly increase fill placement.Alternative methods of placing dry fill underground were investigated. One option was to drill 200 mm boreholes from surface directly into stopes 600 - 800 metres underground. A drilling program was successfully undertaken, and resulted in the placement of more than 800 000 tonnes of dry aggregate fill via four boreholes.This paper details the drilling program undertaken and discusses the difficulties encountered, the fill placement system and the project costs.

Jan 1, 1992

Longwalling has reached a high standard both in Germany and Australia and most improvements should be expected in planning, monitoring and control. Double drum shearer have electric drives to 1000 kW and automatic height control is under development. Conveyor pans to 40mm thickness and chains to 2300 kN breaking load are in use with controls for pretension and load compensation under test.Trends in support are towards two leg shields with loads to 3850 kN per leg and electrohydraulic controls. Expert systems have been devised for planning and diagnosis tasks. With increases in technical standards, staff qualification standards at rising too, drawing attention to training requirements for modem personnel.

Jan 1, 1991

In early 1985, Bougainville Copper Limited commissioned an automatic truck despatch system to control its fleet of 44 trucks and 9 shovels. Productivity gains in the past have been the result of increasing equipment size then improving availabilities. The emphasis now is on improving the use of that availability and in particular for trucks, in reducing non-productive truck movement. A batch allocation computer based truck control system had been in operation since 1978, so to achieve the desired improvements it was necessary to move to an automatic dynamic control system. A description of the system installed is given, together with a review of how the project was engineered, the problems encountered and the results achieved to Date.

Jan 1, 1986

There is growing acknowledgement that successful organisations, including mining companies, achieve their competitive advantage by better managing their employees, customers and other stakeholders. The fact that I have been asked to address this conference is perhaps evidence of the recognition of the importance of ensuring the improved management capabilities of the personnel within Australian mining companies. As many of you will be aware, prior to my appointment to the role of President of Minera Alumbrera Limited (MAA), the operator of the Bajo de la Alumbrera project, my career had been more generally focussed on industrial relations and human resources management. My appointment was met by surprise in some quarters, as it is unusual for a person without the technical background of a mining discipline to manage a world-class mining operation. However, it was recognised early in the life of the Alumbrera project that the operation did not lack technical expertise or a committed workforce; rather what was required was innovative management of the project and its operational resources, particularly given that we were operating with totally ægreenÆ workforce in a country without a large-scale mining culture. It is my experience that a particular shortcoming of mining companies is that they have tended to ægrowÆ managers based on their technical expertise rather than people management skills. Historically, many companies have assumed, or at least hoped, that their better technical people would develop the requisite skills to take on the challenges of management. Such philosophy has not always met with success. Whilst the topic for my presentation was originally published as People in the Mining Industry, within the context of the overall theme for this plenary session, People: Education for the Future, it is a subject with an extraordinary breadth of possibilities for discussion. Therefore, I have chosen to redefine my presentation to People Management Issues in Offshore Mining Projects,an issue which I consider to be an important area within the overall topic and one which has particular currency given the increased tendency by Australian miners towards offshore exploration. It is also relevant from the perspective of continued rationalisation of our industry, the recognition that there will be more large-scale, global corporate mining entities and that significantly more mining professionals will become æcitizens of the worldÆ. We therefore need to prepare our future leaders for these challenges. The topic also allows me to highlight the importance of an holistic management approach as the establishment of a new project in a foreign environment puts into stark relief the need for the application of the full range of competencies, rather than the narrow ætechnicalÆ approach to doing business. I hasten to add, however, that the mining industry is not alone in this regard and I was interested to read an article in the Weekend Australian of 22/23 January 2000, which reported on the first key speech of former Westpac CEO, Bob Joss, as Dean of the Stanford University Graduate School of Business. He said: à We know that when our students go out into the world, if they have to struggle, it will not be because theyÆre not smart enough, or they donÆt have enough good ideas. It will be because they struggle over managing themselves and their relationships to other people. The article then went on to say that Bob Joss foreshadowed an initiative to build alliances between the Business School and other Humanities departments within Stanford University to draw on their learning. Other business schools have also recognised this need, albeit somewhat late in the day, as have the most enlightened of modern corporations; in summary, successful businesses have recognised that in an age where competitive advantage through, for example, technological breakthroughs is very short-lived, it is the quality of management that will provide the leading edge. By using the Alumbrera project as a case study, I will identify certain of the challenges with which companies and individuals may be confronted in the establishment of a greenfields project outside Australia. However, many of the issues raised will have direct application in the context of the development of an Australian operation. My objective is to provide an indication of areas which should be considered at the formative stages of a projectÆs development, with particular focus on the issues of people management. I would expect that such a study would be of benefit to companies, education institutions and individuals in preparing themselves for similar experiences.

Jan 1, 2000

As the surrounding environment continues to change and evolve, mine managers face a changing climate of expectations. TodayÆs mine managers must juggle competing pressures to deliver sound social, environmental and economic results. Leadership is a fundamental tool for the effective mine manager. Whilst mine managers require solid technical and operational skills, importantly the manager must be able to engage a workforce, build and retain employees and seize opportunity for growth and development when presented. An important tool for engaging employees in the business at Rio Tinto Aluminium is the business improvement programme. At Rio Tinto AluminiumÆs Weipa mine, the business improvement methodology Six Sigma is used to deliver measurable, sustainable outcomes for the business. The next step in Rio Tinto AluminiumÆs improvement journey is to implement Lean Manufacturing at all managed operations. The operating environment for mine managers continuously evolves and effective mine managers must be flexible and adaptive to meet challenges. Governance and regulation constantly change in an environment of commodity cycles and finite resources. This increases pressure on the economic return achieved by the operation. As such, effective mine managers must be aware of and manage the operating environment û the broader, issues-based environment not just the immediate day-to-day responsibility of mine managing. This includes delivering on safety, community and environmental priorities. At Rio Tinto Aluminium, part of managing the business is via investment in the area of social partnerships to engage employees and the broader community in Rio Tinto AluminiumÆs commitment to sustainability. The Future Reef partnership entered with the Great Barrier Reef Research Foundation in 2005 forms an important part of Rio Tinto AluminiumÆs climate change strategy. This four-year, A$1 million investment funds programmes looking at the effect of ocean acidification on the Great Barrier Reef. The partnership is a unique example of industry and science working together on an area of mutual and national concern. Modern mine managers require a broad set of skills to effectively deliver outcomes. TodayÆs mine managers must make innovative and courageous responses to determine todayÆs strategy for tomorrowÆs future.

Jan 1, 2006

By C Berglin

Is the Northern Territory different? Certainly it is more remote, has less people and relies more heavily on two or three industries for its survival. On the other hand, its mining industry is governed by Acts not dissimilar to those of the major States - a Mining Act provides the basis for acquisition of tenure, a Mine Management Act provides regulatory control, a Mineral Royally Act collects revenue in return for the right to utilise the land's bounties, an Environmental Assessment Act provides the public face to rehabilitation and environmental safety, and the Aboriginal Land Rights (NT) Act purports to give development criteria for inalienable land use. With the exception of the latter, at least until the advent of Mabo, all these are simply variations on a theme, and are common to most States. This paper will show how the Department of Mines and Energy works in relation to the Northern Territory mining industry.

Jan 1, 1994

By M R. Davidson, M P. Schwarz

A model for column bioleaching is investigated to identify and understand aspects of bacteria in bioleaching applications, which have implications in heap bioleaching operations. The model is used to simulate scenarios that would otherwise be time consuming to perform experimentally. This study uses a model of bacterial transport and attachment/detachment to ore particles, with a bioleaching model for the depletion of a copper-sulfide, also accounting for liquid and gas flow and gas/liquid oxygen mass transfer. The model includes aspects such as oxygen and ferrous ion consumption, coupled with leaching of a copper-sulfide via the shrinking core model. The model is used to investigate how the rate of leaching is affected by the bacterial concentration in the columns, by the bacterial regeneration of the leaching oxidant ferric ions. The model is also used to assess the impact of oxygen limitation and inoculation method on the copper leaching. Some comparison of the model with experimental data will be shown.

Jan 1, 2004

Background A recent development in many industries,' including the mining industry, has been ever increasing acceptance and adoption of extended (12-hour) shifts and compressed work cycles compensated by more time off work by employees between cycles. In the Western Australian mining industry development of `long-distance-commute' (LDC) coincided with adoption of 12-hour rotating shifts. Preludes to LDC were the `construction-style' rosters with two crews plus allowance for annual and sick leave relievers working the statutory 13 consecutive shifts followed by one shift off. Crews rotated day to night shift weekly or at fortnightly intervals. Average hours of 72 to 78 per week were common. The author had personal experience working these rosters in the East Pilbara of Western Australia from 1977 to 1982. Workers tolerated these rosters until a suitable combination of frustration, boredom, despair and the `Five Grand Fever' triggered them to `pull the pin' and head for relaxation in Bangkok, Manila, Nimbin, or Margaret River according to their personal tastes.

Jan 1, 1996

The past decade has seen a great increase in activity in deep seismic reflection profiling of the continental crust. Some 20 countries have conducted field experiments and the total length of deep seismic profiles surveyed to date is approximately 25,000 km. This total is very large compared to the quantity of such data that existed previously, but very small compared to the total length of seis- mic profiles of the shallow crust carried out for petroleum exploration, which some- times has exceeded 600,000 km on land in one year alone and 1,600,000 km/yr on land and sea. Furthermore, 25,000 km of seismic pro- filing corresponds to exploration of only a tiny fraction of the total volume of the entire continental crust. Thus at this stage of development of the subject, one must be wary of generalizations that are based on these limited data and then ex- tended in scope to include the crust everywhere. The state of the subject is such that virtually every new seismic line reveals totally unexpected seismic fea- tures, a sign that the subject is in its major discovery phase and a warning to the generalizers. Nevertheless, in addition to much new information on deep crustal structure in specific locations, some broad consequences of application of this powerful geophysical technique to a region of the earth not pre- viously explored in this manner are be- coming clear. One is that, as seismic data on the deep continental crust become more abundant and more revealing of complexi- ties, the deep crust can be far better re- lated to rocks at the surface. Conse- quently, the geological style of reason- ing is now being extended from its normal domain of the near-surface to include the deepest crust in a comprehensive story of the evolution of the continents. This change is a subtle but important one and is evident, for example, in some cross sec- tions of the North American Transect Pro- gram, which show surface geology extended in a consistent, though speculative, manner to the top of the mantle. In other words,

Jan 1, 1987

By J Centofanti, D Conti, R Riske, C Morley, A Cook

Why is it so difficult? Why are there differences throughout the resources industry in how reconciliation factors are reported and calculated? Why is there no standard formula to use? These are common questions asked when mining companies try to compare reconciliation results across operations or attempt to undertake internal or corporate governance reporting processes. For many mining companies the calculation of reconciliation factors is often a very time and resource intensive part of mandatory reconciliation reporting. Some major mining companies, that move millions of tonnes of material per annum, dedicate full time resources to the calculation of reconciliation factors. The willingness of these companies to set aside resources demonstrates the value that operations place on good reconciliation reporting. Reconciliation is about measuring the variance between two like measures at different points along the mining sequence. It can be undertaken between predictive models, forecast plans and actual measured performance. Calculations are used to derive a variance between two sections within the mining sequence, with the result being commonly known in the resources industry as a æfactorÆ. Mining companies use the calculation of reconciliation factors as key performance indices (KPIs) to provide a æhealth checkÆ of their operation, with variances often pointing to issues either with the accuracy of the original estimate or the quality of the measurement being used in the comparison. There are many reconciliation factors that can be calculated and reported. This paper will set out, clarify and provide a recommended standard means of calculating each specific factor that, where adopted by a company, will ensure compliance with the international reporting codes, such as JORC. Using case studies from Rio Tinto Group (Rio Tinto) and BHP Billiton Mitsubishi Alliance (æBMAÆ), and the authors experience across a wide range of mine sites, the outline of a generic solution for tracking a parcel of material from the pit through to the port along with appropriate reconciliation factors is provided. The intention of proposing standardised reconciliation factor terminology and methodology is to provide the foundations of a system to enable communication and comparison across different commodities, companies and mines sites.

Jan 1, 2009

The extraction of world-class mineral deposits using massive underground mining techniques is not an entirely new theme to world mining companies and experts. Previous MassMin conferences have helped to gather and disseminate the valuable experience and knowledge so important for the proliferation of safe and efficient mining of large underground deposits. With the passing years since the first MassMin conference in Denver in 1981, a number of factors have contributed to an increase in massive underground mining around the world, including environmental pressures, gradual exhaustion of shallower deposits and the enabling effects of improving technology in disciplines related to underground mining. Massive underground mining is heading deeper, embracing challenges which include working with elevated temperatures, increasing in situ and mining induced stress levels and longer ore transport routes. Improvements in mineral processing technology will tend to lead operators to contemplate the extraction of lower grade orebodies in the event that the ore can be efficiently transported to the surface and hence the plant. No doubt this tendency, and its associated challenges is encouraging a rich growth in innovative engineering in such fields as mine planning and materials handling as well as geomechanical issues such as support design and the simulation of extraction sequence effects on stress re-distribution. MassMin 2000, we are sure, will showcase a wide variety of new contributions in thought and actions in these fields. There is a definite place for academic institutions and mining related suppliers in the process of developing new technologies and practices in support of present and future endeavour in this field. Dyno Nobel has its own part to play, certainly as an enthusiastic and proud major sponsor of MassMin 2000, but also by means of identifying common cause between our Vision and Values and the needs, present and future, of the underground massive mining industry. The critical success factors, which Dyno Nobel pursues are:health, safety and environment, customer relationships and market development, cost optimisation (while maintaining quality), technology and innovation, organisational development, and leveraging capabilities globally. Through the present paper we would like to share some of these values and offer some practical insights as to how their realisation will contribute to the achievement of MassMin goals and needs.

Jan 1, 2000

By Cerutty L

To those who have been engaged in the construction of mining and metallurgical plants during the war and post-war periods, it is quite unnecessary to point out the large increases and violent fluctuations in prices of basic commodities and the steady and persistent rise in labour costs. It may, however, be of interest to present these facts in graphic form, and survey the relative heights of the various maxima and the lead and lag of individual waves. Since Descartes demonstrated for us moderns the analogy between geometric form and algebraic statements, the two-dimensional graph has found widespread application. Mathematicians have developed for our information, if not for our confusion, the triangular diagram and the solid three-dimensional figures, which have proved so useful, at least in the hands of the metallurgists at Port Pirie. The model (Plate 1.) which is exhibited here does not pretend however, to indicate the connection between any three inter-related variables, and it is not proposed to burden members with any abstruse mathematical expression for the irregular surface of the blocks. While time is an ordinate common to all sections of the model, each illustrates separately the variation in cost of some particular quantity between the years 1914 and 1922. It is an easy matter to record such individual variations, but it would be an impossible task to state any equation describing accurately the dependence ot the prices, say, of hardwood or of galvanized iron upon that of labour at any particular point of time. The cost of living curve, which has attained such prominence, if not notoriety, in the last few years, is the result of an attempt to show the mass-effect of the components. It is the difficulty found in "assigning the correct weight to the separate items which makes the aggregate curve somewhat misleading at times.Turning to the model, it will be noticed that each section consists of half a dozen pegs.. The first in each row,that coloured red, represents the cost of some particular quantity, such as bricks, timber or coal, at Broken Hill in 1914. The next peg, that coloured blue, represents proportionately prices for that quantity in Hobart during...

Jan 1, 1922