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Paper presented at the conference Risk assessment in the extractive industries, held in Exeter, 23-24 March 1994. Sensitivity analyses based on financial variables are now routinely applied to the forecast financial results of mining projects especially during the feasibility stage. Risk analysis is gaining acceptance but is still almost universally confined to the effects of variations in financial variables. The single most sensitive factor in almost all mining projects is the ore reserve, but it is either ignored or improperly used in sensitivity and risk analyses. Unlike financial variables, the components of the ore reserve (grades and tonnages of mining blocks) are a function of location within the orebody. Physical (mining) access to these components is therefore a function of time which has a crucial effect on forecast cash flows. It is critical that these fundamental concepts are included in risk analyses of mining projects. The effects are considered of the uncertainty of the ore reserve on feasibility studies and open-pit mine design for a small gold mining venture. Geostatistical simulation is used as a method of quantifying the risk in using grades and tonnages estimated from sparse data

Jun 16, 1905

By W. Doherty, P. C. Lightfoot, V. A. Fedorenko, N. S. Gorbachev, V. I. Kunilov, A. J. Naldrett, Z. Johan

Paper presented at the conference Economic geology in Europe and beyond II, models for mineral deposits in sedimentary basins, held in Keyworth, UK, 13-14 April 1994. A model is presented which regards the Lower Talnakh- and Talnakh-type intrusions as part of the plumbing system for the overlying lavas. As magma ascended along the Noril'sk-Kharayelakh fault it was forced to spread out within sedimentary strata immediately beneath the obstruction of the accumulated volcanic sequence. Here it was severely depleted in chalcophile elements by sulphides, which were then trapped by their high density and remained behind in the main arteries to form the central, elongated zone of maximum thickness. Subsequent magma also lost Ni, Cu and PGE to the sulphides as it flowed through. The Lower Talnakh-type intrusions represent part of the plumbing system that became blocked at an early stage, before the influx of much mokulaevsky-type magma rich in chalcophile elements. The model accounts for the high metal content of the ores in comparison with the size of their associated intrusions, the extensive metamorphic aureoles, the chalcophile depletion of some overlying volcanic suites, the presence of the ore in near-surface intrusions rather than deep magma chambers, and the sulphur isotopic composition of the ore

Apr 1, 1995

By D. L. Buchanan, M. J. Jones

In May, 1982, the University of Western Australia in Perth hosted a three-day international conference on nickel sulphides, followed by a ten-day field excursion to the Western Australian nickel sulphide deposits. The conference was arranged by Professor D. I. Groves, C. M. Lesher and Dr. R. E. T. Hill under the auspices of the International Geological Correlation Programme's Projects 161 ("Sulphide deposits in mafic and ultramafic rocks") and 91 ("Metallogeny of the Pre- cambrian"). This volume contains a selection of the papers that were presented at the Perth conference. Most of the papers are related to the nickel sulphide deposits of Western Australia, but contributions with settings in North America, Finland, Vietnam and Southern Africa have also been included.

Jan 1, 1984

By R. G. Jones

Many novel projects suffer delays, cost overruns or failure because of inadequately qualified technologies. A new qualification to measure the quality of innovation is discussed.

Jul 1, 2015

By V. Distler, E. F. Stumpfl

Paper presented at the IAGOD international symposium on mineralisation related to mafic and ultramafic rocks held in Orleans, France, 1-3 September 1993. The massif contains large chromite bodies of "Alpine-type", ophiolitic affinity. Orebodies reach thicknesses of 150 m and sizes of more than 150 000 000 t chromite ore with average grades of 55-60 wt% Cr2O3. Chromites in the Main ore field are low-Al, high-Cr spinels which exhibit some variation in their Mg-Fe distribution. This differs markedly from high-Al spinels in peridotite host rocks and in narrow chromite pods which occur in the western and northern parts of the massif. Chromites carry silicate inclusions, often hydrous silicates such as amphibole. Chromites in massive chromitites contain micron size inclusions of platinum group minerals (PGM). Composite grains containing two PGM and, occasionally, a hydrous silicate are common. Os-Ir alloys rimmed by PGM sulpharsenides occur in narrow serpentine veinlets that cut chromite and are evidence for the reconcentration of PGE concomitant with introduction of As, probably during serpentinisation. Whole-rock PGE contents are highest in massive chromitites of Diamond Pearl mine (totals of 500 ppb). Chondrite-normalised PGE patterns of chromitites show negative slopes which are typical for ophiolitic, podiform chromitites in mantle sequences. The PGE patterns of host rocks are flat and rather depleted compared with those of chondrites and chromitites. Petrological data from unaltered host peridotites suggest a high temperature overprint leading to sub-solidus re-equilibration of olivine and spinel and to the growth of pargasitic and edenitic amphiboles

Jun 16, 1905

By Asfa-Wossen L.

Davy saw science to be the ultimate truth. He loved the utility and permanence of it and the feeling of progression. He was a bold chemist and an inventor, but he thought like a writer

Feb 1, 2015

By D. J. Spottiswood, R. K. Tuteja

Axial grade profiles were analysed for a pilot column operating in reverse flotation mode to float talc from a gold-bearing sulphide ore. It was found that concentration gradients in the pulp are very low. Most of the cleaning action, both upgrading of valuable minerals and rejection of gangue, occurs in the froth zone

Jun 17, 1905

Discussion at the North of England Institute of Mining and Mechanical Engineers' general meeting held in Newcastle-upon-Tyne, 8th April 1916, on the paper published in Trans. I.Min.E., vol.LI, 1916, p.61-71, consisted of a written comment by Wood P.L. that a larger battery would be the only way to secure reliability

Dec 1, 1916

By D. H. Watkinson

Paper presented at the IAGOD international symposium on mineralisation related to mafic and ultramafic rocks held in Orleans, France, 1-3 September 1993. Part of the contact of the 4b orebody with the enclosing Murray granite is characterised by the presence of recrystallised and biotitic Sudbury Breccia; in places the contact is faulted and sheared. In other areas of the contact partly silicified granite contains disseminated chalcopyrite and quartz-chalcopyrite veins with other minor minerals. Both ore and veins contain platinum group minerals (PGM); predominant PGM are michenerite, kotulskite, merenskyite and sperrylite with Au, galena and Bi-tellurides. At some silicified-granite contacts Mn-rich garnets, some containing inclusions of PGM and quartz, are associated with biotite + epidote + stilpnomelane + quartz. PGM and Au also occur within Cl-rich biotite and ferropyrosmalite in massive sulphide and in siliceous ore. Quartz, chalcopyrite and feldspar in the contact rocks and in veins contain abundant, highly saline fluid inclusions. Studies showed that the fluids were trapped at intermediate temperatures. The 4b orebody is surrounded by a sheath of brecciated granite but is close to the Contact Sublayer. During and after emplacement of sulphide magma, saline formational fluid that was resident in the breccia interacted with hot massive sulphides in and near the Sublayer and remobilised Cu, Au and PGE. This fluid reacted with cooler rocks and ore in footwall fractures, enriching the 4b protore and producing the adjacent Cu- and PGE-enriched quartz veins. Exploration for Cu and PGE enrichment in footwall rocks of the Sudbury South Range is warranted not only in zones of magmatic ore in the Contact Sublayer but also in fractures and permeable units within Sudbury Breccia

Jun 16, 1905

By L. D. Smith

Paper presented at the conference: Risk assessment in the extractive industries, held in Exeter, UK, 23-24 March 1994, and first published London: IMM, 1994, preprint volume. 22pp., 15 refs. The concept of risk is well established in the mining industry but it is difficult to provide a quantitative assessment of risk. A discussion is presented of the significant sources of risk in a mineral project and how they are addressed. The discount rate is examined as a fundamental means of reflecting risk in discounted cash flow evaluations. Current industry practice is discussed and a methodology for the analysis of risk levels is proposed which assesses the constituent components of the discount rate (real interest, mineral project risks and country risk)

Dec 1, 1994

By Black J.

Further discussion at the Mining Institute of Scotland's general meeting held in Edinburgh, 12 February 1916, with D.W. Mowat, president, in the chair, of a paper published in Trans. Inst. Min. Engrs., 1915, vol. L, p.449 included written contributions by Dron R.W., Riddell W., Hamilton J. and Mowat D.W.

Dec 1, 1916

Further discussion at the Mniing Institute of Scotland's annual general meeting held in Glasgow, 8th April 1916, of the paper published in Trans. I.Min.E. vol li, 1916, p.169-186 with discussion p.187-188, included oral and written contributions by McLaren R. and Waddell H.

Dec 1, 1916

By NA NA

Profile of FOSROC, manufacturers and suppliers of products for the mining industry.

Jan 11, 1996

Jan 1, 1947