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By Sroka J

A comprehensive feasibility study should be submitted as part of the loan application to a financial institution for debt funding of a proposed project. Its scope should include technical, costing, marketing and other aspects pertinent to the project. The technical presentation should be sufficiently detailed to show that the assumpt- ions concerning future performance are realistic. A lender needs to be convinced that the capital and operating cost estimates are conservatively based with adequate allowances included for contingency and escalation. The marketing assumptions determine the level of revenue from which operating cost, debt servicing, and other commitments are to be met. The foregoing aspects establish the economic viability of the project, and are therefore relevant to the risk assessment and cash flow analysis carried out by a potential lender which determine his ultimate lending Decision

Jan 1, 1978

By G, F Beach, D Jazzini, R Rounsley

Over the past 20 years within Australia, there have been a number of incidents at mine sites where ammonium nitrate-based explosives have reacted with certain rock types containing sulfide minerals. These rocks have commonly been referred to as æreactive groundÆ. These reactions have frequently led to fires (particularly in ground susceptible to spontaneous combustion) or premature detonation of the ammonium nitrate-based explosives. Clearly, this introduces an element of risk when using ammonium nitrate-based explosives in these areas. Dyno Nobel has been proactive in developing ammonium nitrate-based explosive products that can be used in these types of æreactive groundÆ environments that minimise the risk of premature detonations occurring. A system for assessing æreactivityÆ of sulfide containing rocks has been developed that can be used in the field. Previous literature has been reviewed, identifying Differential Thermal Analysis (DTA) as the most common method for determining the æreactivityÆ of the ground. In the present investigation, DTA has been rejected as a suitable technique for determining ground reactivity, since it measures thermal reactions at higher temperatures over short time periods, conditions that are unlike those in the field. For example, ground at ambient temperature has been found to react with ammonium nitrate-based explosives over long time periods, reactions that are unable to be evaluated using DTA. Other more suitable techniques have been developed to monitor rock conditions that can be measured in the field and give a good indication of potential ground æreactivityÆ with ammonium nitrate-based explosives. Dyno Nobel is currently investigating the reaction mechanisms of spontaneous combustion in reactive ground, the decomposition mechanisms of ammonium nitrate and the role of inhibitors in ammonium nitrate-based explosives. Once complete, this fundamental research will lead to the further development of even lower risk ammonium nitrate-based explosive products for use in æreactive groundsÆ in a variety of mine environments.

Jan 1, 2003

By Ballantyne GH

The Ladolam gold deposit on Lihir Island, in Papua New Guinea, is a large disseminated gold deposit hosted by hydrothermal breccias. The deposit occurs in the cupola zone of a 350,000 year old monzonite stock which is emplaced in the collapsed caldera of a shosho- nitic stratovolcano.

Jan 1, 1987

There is an established need for an inflow of foreign capital if New Zealand is to meet projected growth rates. The Government recognises this and encourages capital inflows especially where there are allied economic benefits such as the access to specialised know-how or export markets. The Government has promulgated certain Regulations which are administered by the Reserve Bank. Under the Capital Issues (Overseas) Regulations 1965, consent is required before any company incorporated overseas can commence business in New Zealand or before an overseas person can borrow or raise any money in New Zealand. A New Zealand company is deemed to be an overseas person if more than 25% of the voting power is held by non-residents. In terms of current policy, overseas companies are permitted to borrow in New Zealand only a limited amount of working capital and some longer term capital calculated on the ratio that their New Zealand owned equity capital bears to their overseas owned equity capital. Wholly owned overseas companies are expected to bring all of their Fixed term capital from overseas.

Jan 1, 1971

By D Brennan, S Jahanshahi, F Jorgensen

The recycling of metals can be very efficient with careful selection of the material being recycled. The volume and value of recycled ferrous scrap has lead to the development of steel mini-mills which in turn has caused major changes to the steel industry. Although much smaller in volume, the recycling of lead is very significant, with battery recycling accounting for 60 per cent of annual world production. This high recycle rate can be attributed to the relatively uniform feed-stock from lead-acid batteries. The recycling rates of other metals are considerably lower due to longer use and non-uniform product usage that results in less efficient segregation and processing. It is clear that recycling of metals has advantages but its sustainability is uncertain. What are the key benefits of metal recycling? Metal recycling has technical, economic and social impacts. It is relatively easy to assess recycling on a technical basis, but the social impacts are harder to evaluate. This paper examines some of the issues in evaluating the sustainability of metal recycling.

Jan 1, 2002

By N C. Steenkamp

The Northern Cape Province of South Africa is host to the Kalahari Manganese Field (KMF). The northern portion of the KMF hosts high-grade manganese referred to as Wessels’ type ore and is mined mostly from underground operations. WorleyParsons TWP is currently involved with the development of a ventilation shaft for one of these mines. The main challenge is to develop through the unconsolidated Kalahari material and weathered portion of the Karoo formation. These formations are preserved very erratically over short distances. A lack of understanding of the unique challenges presented for developing shafts in this area has resulted in the failed development of a shaft on an adjacent property and over-expended budgets on others.The renowned red sand of the Kalahari forms the top several tens of metres and overlies a horizon of gravels and calcrete that pose seasonally variable water ingress problems. A very stiff red clay horizon is then intersected. The Red Clay is prone to swellling during excavation and has been the main stumbling block on previous constructions. The standard approach has been to develop non-stop through this layer. The red clay is underlain by another horizon of calcrete, gravel and conglomerate that marks the bottom of the formation. The top of the Dwyka Tillite (Karoo Formation) is usually highly weathered and has a distinctive yellow colour. The weathered tillite is highly susceptible to drying and becomes friable. At reef-intersection, the combination of subhorizontal bedding and joints with the dominant subvertical faulting results in potential wedge failures in the manganese and ironstone units.This paper describes the geotechnical issues identified during the planning of the ventilation shaft and the risks associated with development through the Kalahari and weathered Karoo Formations. A new approach to developing ventilation shafts in overcoming these challenges is recommended.CITATION:Steenkamp, N C, 2014. Challenges of developing a ventilation shaft in Kalahari and Karoo formations, Northern Cape, South Africa, in Proceedings 12th AusIMM Underground Operators’ Conference 2014 , pp 81–88 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Mar 24, 2014

By B Ascott, J Kennedy, A White

At mines with low tonnes per vertical metre, like the Jundee Mine in Western Australia, operated by Newmont Asia Pacific, high development rates across multiple mining areas are critical to achieving the delivery outlined, or promised, in the annual business plan. The challenge is to deliver the short-term requirements while keeping in balance with the long-term strategic direction. Newmont Jundee has developed a system called æMine Planning by QuartersÆ that integrates the planning process with the business process in one end-to-end continuum. Short-, medium- and long-term schedules are reviewed and updated by applying four integrated subprocesses, which capture new information as it becomes available. The four subprocesses are: resource development planning û evaluating mineral resource,reserve development planning û preliminary design for new reserves,mine operating planning û final mine design for reserves, andmine production planning û detailed plans for stoping a proved reserve. Commercial mine planning software is used in these subprocesses to facilitate the flow of information into a central storage æhubÆ for uploading into the rolling business plan. A regular and consistent quarterly review helps to identify and qualify areas of business risk at an early stage, allowing time to plan for contingency and minimise the impact of the risk.

Jan 1, 2008

The efficiency with which it is expected that a particular coal may be burnt in a power station boiler significantly affects the value of the coal. Consequently many laboratory tests have been developed to provide data on the combustibility of coal. Computer modelling of coal combustion has also provided insight into limits on coal burn- out. Such modelling suggests that burnout of bituminous coal in a power station boiler will be strongly influenced by physical limits on the diffusion of oxygen to the individual coal particles. Coal chemical reactivity appears to be relatively less important. As a consequence of the diffusional limits, significant improvement in burnout is achieved either by producing less large p.f. particles or by providing sufficient furnace residence time to burn the large particles. Field data from a variety of power stations supports these cn.clusions. Burnout was also found to correlate well with volatile content for a number of coals from widely different sources. This is expected as the high vola- tile coals produce less residual char to be burned by the relatively slow heterogeneous Combustion.

Jan 1, 1987

By F Mwijage

"The benefits of measuring blast movement to reduce ore loss and dilution have been recognised by many people for many years and various methods have been used with limited success. Geita Gold Mine is running the pilot study on the blast movement monitoring (BMM) system which is a revolutionary method developed and patented by the University of Queensland and Blast Movement Technology (BMT). The system consists of directional transmitters placed within the shot prior to blasting, which are then located after the blast with a special detector and then the data is processed with purpose-designed software.As part of continuous improvement on grade control, Geita Gold Mine is running a research project in all operating pits with the objective of: quantifying the three-dimensional blast muck pile movement and finally utilise the movement data to define post-blast ore polygons and incorporate the movement dynamics during block modelling,quantify the potential savings for ore loss and dilution,improve mine geologists knowledge of blast dynamics, andstimulate greater co-operation between drill and blast engineers and geologists to achieve optimum blast designs.To any operation with selective mining, it is critical to the economics of an operation to control ore loss and dilution; getting it wrong will result in significant lost revenue. Implementation of ongoing pilot study on electronic balls as determinant on blast movement dynamics on ore would be of longer term solution and big investment pay back.CITATION:Mwijage, F, 2012. Pilot study on blast movement monitoring at Geita gold mine, in Proceedings Narrow Vein Mining 2012 , pp 49-58 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 26, 2012

By Whitehead A. B

INTRODUCTIONDuring the past few years there has been considerable interest in developing the so-called direct reduction processes for treating iron oxides. The various methods proposed were recently reviewed by Scortecci and Palazzi (1960).In particular the application of fluidized bed techniques received considerable attention and, on first examination, this seems to be the ideal method 'of dealing with fine iron oxides. Several difficulties (e.g. product agglomeration) require the method to be investigated further before its potentialities can be fully assessed.PROPOSED FLUIDIZED BED REDUCTION PROCESSESBrassert and De Jahn (1951) were among the earliest to suggest the use of fluidized beds for the reduction of iron ore to metallic iron. Their patent was followed by many others proposing similar concepts, mainly from Lewis (1955), Ogorzaly (19.56), Shipley (1956), Agarwal (1960'), Osborn (1958), Texaco Development Corporation (1956) and Stelling (1957).The H-iron process (Squires and J ohnson, 1957; Lubker and Bruland, 1960) is the only scheme that has been an economic success. This process, mentioned later, manufactures a 'premium quality product in the form of sized iron powder.AIM OF THE PRESENT WORKThe work reported here was performed to assist in the formulation of a comprehensive pl'ogramme of research into fluidized bed reduction processes to be undertaken at the...

Jan 1, 1962

Trucks are the primary means of bulk material transport in Open Pit hard rock mines worldwide. They are considered to be the most- flexible system available. The large number of trucks used in some mines provides flexibility. Spare units allow for the reduced availability of the single units. Trucks have however very poor energy efficiency. Only 40% of the consumed energy is for transport of the payload, the remaining energy is required to move the dead load of the trucks. With the increase in cost, pressure, mine operators are now looking for alternative methods to make their operation more economical. Energy conservation and increasing haulage distances and uphill haulage are major factors in many well established operations. New methods have already proven themselves as more economical alternatives. Belt conveyors are an alternative means of transport with much higher energy efficiency. They use up to 80% of the consumed energy for transportation of the payload. Energy costs for conveyors are 30% of the energy costs for trucks on level transport and as little as 15% for elevating payloads. Belt conveyors require much fear spare parts and wear components than trucks. A factor of one to two times applies for level transport and ten to twenty times for uphill transport.

Jan 1, 1986

By Braham B

The Australian mining industry isstill labouring under the impression. created by the Fitzgerald Report that it does not pay suffic- ient tax. This would appear to be the raison d'etre of the resource rent tax debate. The authors quantitatively compare the cash flows to the mine and government resulting from a large strip coal mine in central Queensland under a number of Australian and international taxation policies. The Liberal government policies are found to be internationally competitive while the Labor 1975 policy is excessively punitive. The present value of the returns to the public from the Liberal 1977 policy vary between three and six times the net present value to the mine, which belies the necessity for the imposition of a super tax. The levelling of a special royalty, excess rail freight, by Queensland could severely re- strict the development of new mines in the Bowen Basin. The impact of excessive freight rates is analysed on a combined strip-deep mine typical of the new projects nearing development in the region. Otherwise economic mines can be made marginal or even sub economic by this tax. Even with moderate rail freights, the mining tax laws of New South Wales are more favourable to the industry than are Queensland's.

Jan 1, 1978

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

Jan 1, 1987

By M McCarthy

Attraction, recruitment and retention of quality mining engineers is becoming increasingly difficult for many mining companies. Part of the problem is attracting young professionals, especially given the decline in graduating engineer numbers, and the other is balancing the new engineerÆs development with business needs. The evolution of the graduate program at Olympic Dam over the last five years has resulted in substantial benefits for both the engineer and the company. The program has developed to provide structured exposure to key areas of the mine enabling new engineers to step into vacated roles as the need arises. The pool of quality engineers generated by the graduate program is a buffer against high industry turnover and helps reduce future recruitment expenditure. Olympic DamÆs program goes beyond conventional recruitment of graduate engineers. Innovations designed to improve intake include the employment of graduate engineers as well as final year students, retraining of existing personnel from other backgrounds and fast track recruitment for previous vacation students. By employing a cross-section of professionals to complement the generic university graduate, the company takes full advantage of the relevant lifestyle experience belonging to the individual, which is a substantial factor in turnover. Study assistance and a salary paid for final year students and mature age students often creates a loyalty that lasts beyond graduation. Careful selection of vacation students increases the ease of recruitment at a later stage and ensures that full advantage is taken of the relationship developed previously between the company and young professional. The evolution of recruitment at Olympic Dam has seen a decline in the turnover statistics of young mining professionals.

Jan 1, 2005

By S Pfaff, R Rajic

In the case when the number of independent variables is greater, a careful design for carrying out tests has to be made in order to obtain, with the smallest possible number of tests, as much as possible neutral information about the influence of independent variables on the dependent ones. Only on the basis of such design and its statistical analysis it is possible to come to right conclusions about the function of the whole system. The influence of pressure, temperature, humidity and granulation of the coal upon the resistance to pressure and the water absorption of the briquettes has been tested, with the aim to examine how each of the two dependent variables changes depending on the values assumed by any of the four independent variables and which of the mentioned independent variables significantly influences the dependent ones. The full factorial design with 16 experiments and the central composite design with 27 experiments have been applied. The influence of the independent variables upon the dependent ones has been examined by applying the analysis of variance. The influence values of individual factors and their interaction upon the dependent variables have been stated as well as coefficients of curvilinear equation.

Jan 1, 2003

By Paton T. P

In the technical sense, as well as in the professional sense, the word 'model' can have many meanings. More than 23 000 references were uncovered by a simple literature search on keywords ' MO D EL#. and. (META LLURG#. or. M I NERAL#)' . For the purpose of this paper, 'models' will be considered to be mathematical formulations which attempt to represent or approximate a process. The model may be purely, or a combination of: ò fundamental models, based on the laws of physics, chemistry and thermodynamics; ò semi-empirical or phenomenological models, where an intuitive concept of the process is formulated and found by testwork to fit observed behaviour; and ò empirical or 'black-box' models (including neural networks), where a mathematically convenient form is proposed and fitted. Even under this more restricted definition, which eliminates heuristic and statistical 'models', it is clear that the efforts expended in devising and using models have exploded during the years since the first APCOM Conference in 1961, benefiting from the dramatic decrease in the cost of computer power. This paper reviews the areas of usage of computer modelling in the metallurgical and mineral processing industries, from plant design, through off-line support, to on-line modelling and automatic control. In each area, frontiers of new development of the technology are mentioned. It is noted that, while modelling is now standard practice in design, it is not yet the norm in operating and controlling plants. The reasons for this partial acceptance are, it is argued, less related to the limitations of the technology than to the human and organisational factors involved in transferring technology to implementation.

Jan 1, 1995

By C McInnes

The key to successful flotation plant design, production planning and mine/mill optimisation is a solid understanding of the resource to be processed. As advocated by the authors of this paper, the main components of geometallurgical modelling of an orebody and its associated flotation plant are: an ore sampling program and subsequent laboratory testing of these samples in order to extract process model parameters; geostatistical distribution throughout the resource model of the process parameters; calibration of the plant via benchmarking (for existing operations); and plant simulation using a system of process models and the distributed metallurgical parameters (from step two) as the data set.It is important that the grinding and flotation models are linked. For example, a laboratory test conducted on a drill core sample, intended to represent a portion of the orebody, is conducted at a specific grind (represented by a P80). However, when that ore is actually processed through the plant it may well be (and in many cases most likely will be) at another P80. Additionally, the flotation plant residence time will often be determined solely by the grinding circuit capacity and feed slurry density. In the case of SAG mill û ball mill circuits, the fluctuations in tonnage and grind are known to be high. The modelling approach described in this paper allows for changes in the measured flotation kinetic parameters in order to reflect the expected grind as determined by the comminution process.

Jan 1, 2005

By J Tsiklieris, O Turner

Suppliers of products and services have a pivotal role in sustainable development in the mining and minerals industry. Reputable suppliers know their products and services, and the industry, and have unique knowledge of these in relation to their customerÆs needs. Petroleum hydrocarbon suppliers, in particular, impact upon a mineÆs sustainability because of the extensive reach of petroleum hydrocarbons into the mining and minerals life-cycle. The petroleum hydrocarbon life-cycle is a useful framework to enable engagement between supplier and customer on the issue of sustainability. The life-cycle starts with supply of fuels, lubricants and services at the mine, through to plant operation and maintenance, transport of mined products, ship loading, and finally through to mineral processing and other downstream value-adding. There are barriers to leveraging supplierÆs capabilities which have to be overcome before the industry will gain the potential benefits from such supplier engagement.

Jan 1, 2004

By J J. Cilliers, K Hadler

Froth structure and stability are known to play important roles in determining mineral flotation recovery and selectivity. However, measuring froth stability in a consistent manner remains a significant challenge, especially at an industrial scale. Following preliminary tests on a copper concentration plant, a quantitative dynamic stability measure is investigated in this study in order to extend the results over a wider range of conditions and on a different orebody. The technique is based on the Bikerman foam test and uses a non-overflowing froth column to quantify froth stability. Experiments were carried out using an automated version of the froth stability column under different operating conditions. Air flowrate was the key operating variable. Tests were reproduced on a single flotation cell of a Platinum Group Metals concentrator. The froth stability factor, , was measured for each operating condition, and compared with the air recovery in the cell, , which was measured using image analysis. The froth stability column results gave the same trends as image analysis. In particular the froth stability factor was found to be linearly related to the actual fraction of air overflowing the cell. The metallurgical results clearly indicated that changes in air flowrate result in variations in flotation performance that can be attributed to changes in froth stability. The results showed that high froth stability conditions occur at intermediate air flowrates, and result in improved flotation performance. It is found that the froth stability column is a simple, cost-effective and reliable method for quantifying froth stability, and for indicating changes in flotation performance.

Jan 1, 2005

By B Cooper

During the design of a new production facility for a greenfields or significant brownfields expansion many design decisions are made driven by an unquestioning objective to achieve 'lowest cash-cost' production costs. In many cases this translates to a design and operating philosophy based on largest-available, single-line equipment. Although acknowledged as an approach that is efficient from an operating cost perspective does this approach always maximise shareholder value? There is an increasing awareness in the mining industry of the value of project flexibility, robustness and value options. The design of a new production facility creates a window of opportunity which should be structured to ensure that project value options and robustness are understood and exploited. This requires the use of emerging valuation methodologies, such as Value-at-Risk and Real Options, as well as tried and trusted NPV/IRR approaches. The paper provides an overview of the basis and application of these less well known techniques in the context of metallurgical plant design. Design guidelines that demonstrate how value options and flexibility can be quantified from both a risk and value perspective are presented. Issues such as use of single versus multiple line equipment, optimum cut-off grade and improved exploitation of the inherent variability of the orebody are also examined. Finally the management issues and approaches to achieving this will be briefly discussed; for example it is common during project development to drive towards increasing certainty as rapidly as possible to facilitate 'accurate' estimation of costs. Understanding and exploiting value options requires a project culture that tolerates, and revels in, ambiguity and uncertainty û something that would make many project teams uncomfortable!

Jan 1, 2008