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By I Swane, R Rait, A Robertson

Geochemical assessment of mine waste materials prior to commencement of a proposed mining operation is a fundamental component of mine feasibility studies and the regulatory approvals process. Static and kinetic geochemical test methodologies are widely used to predict the geochemical nature of mine waste materials and to develop strategies for managing potentially æhostileÆ materials. These data can also be integrated with data from other fundamental studies such as hydrogeology to predict specific environmental outcomes and potential impacts at mine closure and post-closure.A case study is presented for a proposed open pit gold mine in Mongolia, which illustrates how geochemical, hydrogeological and groundwater quality data can be used as part of a geochemical modelling process to predict the final pit lake water quality over time. A series of static and kinetic test geochemical test programs were completed and acquired data integrated with hydrogeological and groundwater quality data provided by the proponent. A widely used geochemical modelling program (PHREEQC) was used to develop the geochemical model and predict water chemistry in the pit void after mine closure. Sensitivity analyses were completed to explore the effects on the model output of groundwater to leachate water ratio, pit wall rock type and climate.Modelling has indicated that pit void water should be pH circum-neutral at mine closure and should remain within Mongolian and World Bank water quality guideline limits under the modelled simulation most likely to occur in the field. Final void water salinity is expected to increase eight fold over 14 years after end of mine life due to a continuous flux of salts (particularly sulfate salts) into the pit lake whilst the pit lake volume will remain relatively constant due to evaporation and a slow recharge rate. Dissolved metal and sulfate salt concentrations in pit water are also predicted to increase over time and could be moderately elevated compared to applied water quality guideline values. Some of the metal concentrations, however, may be lower as these would be expected to precipitate at circum-neutral pH and greater. Recommended additional assessment work on the project when mining commences includes determining the magnitude of adsorption and co-precipitation of metals occurring in the pit void water/sludge system.CITATION:Robertson, A, Rait, R and Swane, I, 2013. Geochemical assessment of mine waste materials and prediction of final pit lake water quality at a proposed gold mine in Mongolia, in Proceedings The Second AusIMM International Geometallurgy Conference (GeoMet) 2013 , pp 165-170 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 29, 2013

By T Hicks

Designers of mining facilities play a significant role in defining the overall mine greenhouse gas emissions performance. This demands an appreciation of all the greenhouse gas emissions sources, including Scope 3 emissions, which will form an increasing fraction of the emissions as we transition our generation sources to renewable energy. Traditionally overland conveyors are designed to operate as fast as practical, and through this approach, achieve relative minimisation of: conveyor belt tensions; belt width; mechanical equipment masses; structural steel quantities; and concrete quantities. It is well understood that higher belt speeds reduce capital cost and improve project economics. Operating at higher speeds introduces operating costs through system energy losses and increased wear rates. This paper assesses the life cycle greenhouse gas emissions for a typical iron ore overland conveyor to demonstrate how the design criteria and engineering decisions impact greenhouse gas emissions and project economics. An analysis of the decarbonisation potential and project economics using a range of operational parameters has been completed, developing a marginal abatement cost for each system configuration, creating a basis for integration of low emission overland conveyor designs as part of the broader facility decarbonisation strategy.

Sep 1, 2024

By G DeschOnes, M Fulton

The Eleonore property (James Bay district of Northern QuTbec), owned by Goldcorp, hosts gold within stockworks of quartz-tourmaline-arsenopyrite veins and veinlets contained within microcline (potassic alteration) and brown tourmaline replacement zones. The preliminary investigation to recover gold from drill core samples showed that flotation followed by ultra-fine grinding and cyanidation is the preferred option. Ultra-fine grinding is used to liberate gold finely disseminated in sulfides. The flotation concentrate used in the investigation had a P80 of 11 ¦ and contained 75.5 g/t Au, 5.0 g/t Ag, 10.3 per cent S, 0.07 per cent Cu and traces of antimony (0.03 per cent). The mineralogical characterisation showed the presence of 65 per cent gangue minerals, 23 per cent pyrrhotite (hexagonal), 9.6 per cent arsenopyrite, 2.2 per cent pyrite and 0.08 per cent chalcopyrite with trace amounts of galena (0.05 per cent) and sphalerite (0.03 per cent). Gold was in the form of native gold and electrum. A straight cyanidation conducted at pH 11.0, DO of 3 - 5 ppm, 2000 ppm NaCN, 20¦C and for 72 hours extracted 97.0 per cent Au and consumed 31.5 kg/t NaCN. The equilibrium was reached within 24 hours. Increasing the dissolved oxygen to 16 ppm reduced the consumption of cyanide to 22.0 kg/t with 96.7 per cent Au extraction. A 16-hour pretreatment with 2.0 kg/t lead nitrate, followed by a 24-hour cyanidation reduced the cyanide consumption to 6.0 kg/t with a gold extraction of 97.5 per cent. Increasing the lead nitrate addition to 6.0 kg/t reduced the cyanide consumption to 1.2 kg/t by passivating the surface of pyrrhotite. The gold extraction remained at 97.0 per cent. It was possible to decrease the concentration of cyanide to 800 ppm NaCN without compromising gold extraction. The associated cyanide consumption was 1.2 kg/t NaCN. The passivation of gold grains was an issue when the cyanide concentration was decreased to 550 ppm NaCN. The gold extraction decreased to 92.2 per cent. The average lime addition for all the tests was 7.4 kg/t and the average silver extraction was 80 per cent. Efficient cyanidation of an ultra-fine sulfide concentrate with only 800 ppm NaCN represents an advance in leaching of ultra-fine sulfide concentrates. The high addition of lead nitrate would certainly make cyanide destruction easier; consequently reducing the effluent treatment costs and making possible to meet the discharge regulations criteria.CITATION:DeschOnes, G and Fulton, M, 2013. Design of a leaching strategy to extract gold from Eleonore Mine ultra-fine sulfide concentrate, in Proceedings World Gold 2013 , pp 71-78 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 26, 2013

The development of present methods of pillar extraction has evolved from the very earliest of hand mining operations which were limited in scope by venti- lation and transport considerations. Conservation and safety considerations also have led to the current shortwall operations with conventional equipment and powered supports. The shortwall methods have had significant effects on safety, costs, con- servation, flexibility, and other aspects of pillar extraction. The present stage falls short of the ideal but is some guide to prediction in what direction may lie the ideal methods for the future.

Jan 1, 1974

By A Sturgess, P McKenna, P D. Erskine, D Doley, V C. Glenn

For more than four decades, rehabilitated lands in the Bowen Basin have been planted with buffel grass (Cenchrus Ciliaris), which is often used to provide rapid, stabilising and erosion reducing cover to reshaped landforms (Erskine and Fletcher, 2013; Harwood, Hacker and Mott, 1999; Grigg, Shelton and Mullen, 2000; Naidu et al, 1997). Historically introduced to Central Queensland and encouraged by pastoralists in the early 1900s (Humphreys, 1967), the species has been extensively used by mine managers in seeding mixes (Coaldrake and Russell, 1970; Edye, 1975), and the invasive nature of the grass has led to the monodominance in rehabilitated areas of semi-arid Central Queensland. With 40 open cut coalmines in Central Queensland (Department of Natural Resources and Mines, 2015), a considerable amount of land is either disturbed mine footprint (156 200 ha) or rehabilitated (29 200 ha) (Dale, 2015), and the bulk of rehabilitation consists of relatively young (<30-year-old) developing ecosystems, with demonstrated biomass fuel loads up to 20 t/ha (Grigg, Shelton and Mullen, 2000).Uncontrolled fire poses a significant risk to rehabilitated landforms that are located in close proximity to mining infrastructure, neighbouring communities, open pits with exposed flammable coal seams and flammable stockpiled coal resource. Mine lease holders in Queensland have the added responsibility of managing and protecting any endangered regional ecosystem communities, and flora and fauna listed federally under the Environment Protection Biodiversity and Conservation Act 1999 or the State Vegetation Management Act 1999; as well as, any culturally significant sites such as scar trees or middens that are found on-site. Additionally, uncontrolled fire in rehabilitated landscapes poses a significant risk to mine site closure goals, with the potential to create altered states and stalled ecological trajectories (Grant, 2006). CITATION:McKenna, P, Glenn, V, Erskine, P D, Doley, D and Sturgess, A, 2016. Fire behaviour in buffel grass dominated mine site rehabilitation in Central Queensland, Australia, in Proceedings Life-of-Mine 2016 Conference , pp 158–162 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jun 28, 2016

By S SSdbom

A comparison was made between chemical analysis and ocular mineral/rock classification in health-based risk assessment of historical mine waste produced between 1625 and 1975. Large parts of the mine waste are heavily weathered and secondary minerals are abundant. The field was divided into several areas from where composite samples were collected. Seventy-five mine waste samples were selected for chemical analysis (As, Cd, Co, Cr, Cu, Hg, Ni, Pb, V and Zn) and ocular mineral/rock classification (silicate, mica, granite/pegmatite, carbonate, iron oxide ore, sulfide ore, distribution between chalcopyrite, sphalerite and galena and distribution between pyrite and pyrrhotite). The waste has been produced in conjunction with mining a complex sulfidic ore with increasing iron oxide content (mainly magnetite) towards the northern part of the field. Elevated concentrations were found for Cd (average 26 mg/kg dw), Cu (average 3500 mg/kg dw), Pb (average 4100 mg/kg dw) and Zn (average 11 000 mg/kg dw). Large differences between average and median values indicated that the data was not normally distributed, ie the metals occur as discrete minerals (eg chalcopyrite, galena and sphalerite). The ocular classification indicated low carbonate content, chalcopyrite dominating over sphalerite and galena in most samples and an even distribution between pyrite and pyrrhotite. Both analytical and ocular mineral/rock classification data were combined into a common matrix that was evaluated using multivariate statistics. Principal component analysis (PCA) showed, for instance, that chromium and vanadium were mostly associated with harder minerals and rocks. PCA also indicated that a similar graphical picture could be obtained for chemical data and ocular mineral/rock classification data, respectively. The comparison indicates that ocular mineral/rock classification can replace or at least reduce the numbers of chemical analysis in health- based risk assessment of historical mine waste.

Jan 1, 2008

By T Ireland, S Eratne, W Newns, P Spies

The approach to risk management during the procurement of major projects often has a significant outcome on the ultimate delivery of a project. The NZ$1.4 B Waterview Connection project is the largest and most complex project yet undertaken by the New Zealand Transport Agency (NZTA) and the procurement process for an alliance contract was refined to provide compliance with the International Tunnel Insurance Group (ITIG) Code of Practice for Risk Management of Tunnel Works (TCoP). The principle of shared risk within an alliance incentivises a common understanding of project risks prior to finalising the alliance agreement and therefore enables superior risk management through design, construction and beyond. Risk management practices need to be instigated well in advance of commercial phases, so that commercial competition does not lead to a significant elevation of project risk. In particular the practice of gaining commercial advantage by taking on a potentially unmanageable level of risk is one of the outcomes to be avoided by the TCoP.During the procurement phase the NZTA placed high value on design and construction mitigation measures proposed in order to address ground risks, as is appropriate for a major tunnel project. In order to achieve alignment on the level of geotechnical risks an Alliance Geotechnical Baseline Report (AGBR) process was developed.This paper describes the measures taken during the procurement process to achieve certainty with respect to outcomes and minimise project risks whilst also achieving value for money. Refinements to the procurement process to ensure compliance with the TCoP prepared by the International Tunnel Insurance Group (ITIG) are described along with the AGBR process applied as part of a suite of measures to achieve a successful procurement outcome.CITATION:Ireland, T, Spies, P, Eratne, S and Newns, W, 2014. Risk management and use of a geotechnical baseline report for a competitive alliance procurement?process, in Proceedings 15th Australasian Tunnelling Conference 2014 , pp 553–562 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 17, 2014

To follow the development of the central crushing plant it is necessary briefly to outline the history of the Lake View and Star Limited. This Company, when first constituted, took over the properties of the Lake View Consols, Hannan's Star, and Chaffers Gold Mines.The Company then treated the ore won from these leases at two dry crushing, all-roasting plants, situated adjacent to each other on the site of the present Chaffers Treatment Plant that handles all the ore won by the Lake View and Star Ltd.SUbsequent to the initial union of the three companies mentioned, the Ivanhoe Gold Corporation and the Golden Horse Shoe Ltd. were absorbed. Still later, and after the original crushing plant was erected, the Associated Gold Mines of Australia were purchased.A very extensive development policy was adopted by the Company's management in the late 1920's, and as the underground programme progressed, it became eVident that a large treatment plant would be required. Wet milling of the ore, followed by flotation, was considered desirable, and the necessity of a central crushing plant capable of producing a feed that could be handled by the wet ball mills attached to it was obvious.At this time, each of the properties absorbed had its own crushing station, situated adjacent to the respective...

Jan 1, 1948

By Q Zhuo, P C. Pistorius, M N. Al-Harbi

A likely increasingly important pathway for future low-carbon ironmaking and steelmaking is the combination of gas-based direct reduction with electric furnace steelmaking (DRI-EAF route), or with electric smelting (DRI-ESF route). In the DRI-EAF route, the gangue that is present in the iron ore is fluxed and removed as slag in the melting (steelmaking) step. This is in contrast with integrated steelmaking, in which the gangue is removed as part of blast furnace ironmaking. For DRI-EAF steelmaking, the amount and composition of slag depend on the iron ore composition, flux additions and iron yield. Slag volume and composition affect phosphorus removal, foaming behaviour and the process energy requirements. In this work, heat data from a year of DRI-EAF production was analysed to test whether the expected relationship between slag volume and electricity consumption for EAF steelmaking was observed. The data include slag analyses (one sample per shift), and heatlevel information on all inputs, final steel temperature and dissolved oxygen concentration, electricity consumption, tapped steel mass and tap-to-tap time. In analysing the data, the slag volume was estimated from the assayed slag CaO concentration and CaO inputs to the EAF. The expected effect of slag volume on steelmaking energy consumption was calculated with a mass and energy balance, considering the heat of mixing of the slag. The calculated energy requirement of slag formation is in line with previous estimates reported in the literature.

Aug 21, 2024

By J Zhou

Gold in sulfide ores is associated predominantly with sulfide minerals and occurs as both microscopic and submicroscopic particles. In non-refractory sulfide ores, gold occurs mainly as coarse- and medium-grained particles. Minute inclusions and submicroscopic gold usually account for a minor portion. In contrast, gold in refractory sulfide ores occurs mainly as minute particles and submicroscopic gold, and microscopic gold usually accounts for an insignificant portion. In gold ores containing carbonaceous material, the preg-robbing nature of carbonaceous material may impose challenges on gold extraction and cause gold losses. To extract gold from refractory sulfide ores, the ore needs to be finely ground and preoxidation is often required. Sulfide host minerals must first be oxidised to create a porous structure through which the cyanide leach solution can penetrate to reach the colloidal gold particles. The oxidation is traditionally achieved by roasting, autoclaving or bacterial oxidation. In carbonaceous sulfide ores exhibiting a preg-robbing nature, the carbonaceous material needs to be treated by roasting, autoclaving or other means to minimise the preg-robbing effect. As a predictive and troubleshooting tool, the gold deportment study plays an important role in gold metallurgy. It determines the deportment of gold in an ore or mill product and identifies the mineralogical issues that may affect or may have affected gold extraction. The information acquired from a gold deportment study can be used to assist in process selection, flow sheet development, recovery improvement and reagent optimisation.CITATION:Zhou, J, 2013. Deportment of gold in sulfide ores and implications for gold extraction, in Proceedings World Gold 2013 , pp 433-442 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 26, 2013

Before presentIng my address I wish to acknowledge the honour which has been conferred on me by my appointment to the position of President of the Australasian Institute of Mining and Metallurgy.It is a matter of great concern to us all to find our Empire at war. I am confident that, as was the case in the war of 1914-1918, members of this Institute and of kindred Institutes and Associations will contribute in full to the Empire's needs and that in the end our cause shall triumph.I think it appropriate that I should take as the subject of my address that of the Broken Hill Lead-Silver-Zinc Industry. The subject matter of this address has been confined to the operations of Mining, Ore Dressing, Lead Smelting and Refining and production of Electrolytic Zinc in Australasia. The review of the Broken Hill Lead-SilverZinc Industry would not, of course, be complete without reference to those Australian industries which trace their origin to the Broken Hill field, but· it is thought that an outline of these industries would make thIs review too extensive.HISTORICALMany efforts have been made to translate the early history of Broken Hill and its subsequent growth throughout the years into one of the wor~d's most famous mining fields in the form of a simple story.

Jan 1, 1940

By A A. Latscha, D O’Connor

Increasing orebody complexity, restrictions in ground access, and longer lead times for disturbance approvals, have generated the need for the Resource Development Team within Rio Tinto Iron Ore (RTIO), to explore optimised drill design techniques that deliver resource conversion value while maximising program outcomes. In response to this challenge, the Team initiated a case study to produce an AI assisted/designed drill program using a non-machine learning AI. The case study involved the assessment and implementation of an AI generated drill program at one of RTIO’s Pilbara iron ore deposits, located in the Hamersley Province of Western Australia. The Mineral Resource is currently classified as 100 per cent Inferred. Access constraints inherent to topography, and the presence of exclusions zones have prevented adequate drilling coverage, resulting in lower resource confidence and a poor definition of the orebody extents and geometry. The drill campaign, planned in Q1 2023, needs to consider access constraints, complex topology and the limitations related to additional ground clearance, while addressing the requirement of improving orebody knowledge. The drill plan had to address two objectives. The first and main aim of drilling was to upgrade the Resource Classification to allow for possible conversion to Ore Reserve. The input for this objective was a volumetric representation of the areas currently not meeting pre-defined quantitative Resource Classification upgrade criteria. The second objective was to better define the orebody extents and geometry. For the second objective, the input to the drilling optimiser was a volumetric representation (blocks) of the areas of high uncertainty in the mineralisation/waste boundary, which were defined using an indicator conditional simulation technique. The drilling optimiser output was a range of compliant drill plans. A set of KPIs based on economic and orebody knowledge criteria were used to assess the plans and to select the most optimal drill design to be drilled in 2023. The geology and management teams were able to make better informed, objective decisions using the trade-off between cost and orebody knowledge gained. As part of the assessment, the AI generated plans were compared to our current planning practises. The AI assisted plans, when gauged against the project KPIs, showed clear and measurable improvements in both meeting project objectives and in managing operational risk.

May 24, 2023

By S Szylkarski, D N. Graham

In mining, water management is an operational necessity, requiring planning and detailed engineering, as well as risk assessment. Yet, the hydrology of streams and aquifers typically extends well beyond the boundaries of mine operations and intersect with environmental and social values. Mine managers often plan, design and assess the impact of water management activities (such as dewatering, excess water disposal and flood management) with a mine site or process specific focus. The challenge is that the impacts are spatial, long-term and complex – and may be cumulative across multiple mine sites. Further, there is usually little consideration of the feedbacks and interactions between surface water, groundwater and catchment hydrology. Failure to understand these processes can lead to poor decisions and increased costs. This presentation outlines an approach to simulating integrated hydrology in mining catchments that addresses the shortcomings of traditional modelling techniques.CITATION:Graham, D N and Szylkarski, S, 2016. Simulating integrated hydrology in mining catchments from planning to closure, in Proceedings Life-of-Mine 2016 Conference, pp 101–105 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jun 28, 2016

By S S. Kanchibotla, I Brunton

Most blast fragmentation models assume the rock mass properties, explosive properties and blast design variables to be constants and uniformly distributed within a blast. However, in reality all these input variables vary within a blast resulting in variation in the resulting fragmentation size distribution. A stochastic modelling approach is introduced in this paper to quantify this variation. This technique takes the input variables as statistical distributions rather than constants and through several thousand iterations, generates a statistical representation of the expected fragmentation resulting from a production blast. A case study of three production blasts from a large open pit mine are presented and the modelled fragmentation æenvelopeÆ shows good agreement with the fragmentation æenvelopeÆ estimated from Split image analysis. The various blast-related parameters influence different parts of the fragmentation distribution, eg rock strength and explosive velocity of detonation have most impact on the fines. The technique is used to identify the parameters that have the greatest influence on various size fractions. Such an analysis will be useful to direct resources to efficiently minimise the variation.

Jan 1, 2001

The profitability of individual ore blocks can be classed as clearly profitable, clearly not profitable, and those in between which are by nature quite sensitive to their major cost and revenue drivers. It is often the case that the most effort goes into the least profitable ore blocks to ensure that these will in fact not generate a loss. In these cases a cut-off grade policy is often not sufficiently live to separate individual sources given the volatility of financial markets and individual circumstances of some sources particularly in remnant operations such as Mount Isa MinesÆ Lead Mine. Standard sensitivity analysis can determine which factors stope profitability is most sensitive to. However, this does not usually indicate the likelihood of any input change, nor the combined effect of multiple inputs changing. The author attempted to modify the Lead Stream financial model that determines cash margin by inserting probability distribution functions and then using Monte Carlo simulations to determine the probability of any particular ore block making a profit. This effectively demonstrates the combined effect of varying a number of inputs simultaneously to provide a probability of making a profit. The limitations of this analysis lie in the accuracy that individual probability distributions can be specified. Attempts to generate valid functions from first principles have proved difficult for a number of reasons and these are discussed along with some practical alternatives.

Jan 1, 2002

By Q Qu

Reliable prediction of longwall gas emission sources and rate plays a critical role in mine ventilation and methane drainage capacity planning. Over the years, Australian longwall mines have been using the historic Winter method and the Flugge method in modelling specific gas emissions (SGE). The predicted results often experience high discrepancies from the operational reality. To improve gas emission prediction, post-mining gas contents were measured in several mines in Qld and NSW by safely drilling core holes into the longwall goaf. The results revealed many new insights into gas emission characteristics from different coal seams and the drawbacks of the European methods in their use in high-production gassy Australian longwall mines. Based on measurement data, a new, time-dependent gas emission prediction model has been developed. Considering several factors such as caving, desorption and production rate, the new model can predict more accurate and meaningful gas emissions to meet today’s needs in mine gas emission management. A case study is provided to demonstrate the application of the new SGE model.

Oct 12, 2022

Cable bolts are being used more extensively by the mining industry for many different rock reinforcement applications. The configuration of these bolts has evolved over the last 20 years to meet the immediate needs of industry at the particular time. Most improvements to date have focussed on increasing the mechanical performance with little attention given to issues such as ease of handling, matching response to that of the rock mass or corrosion protection. Ultrastrand has been designed and being developed with this broad perspective in mind so that it will satisfy the ground reinforcement needs of today's and tomorrow's mining industry.Laboratory tests on Ultrastrand prototypes have confirmed that mechanical performance is superior or equivalent to Standard and Birdcage Strand respectively. Preliminary discussions have been held with an installation equipment manufacturer with a view to conducting a trial at a mine site by early-1992.

Jan 1, 1992

By M Lynch, B White

The historic city of Charters Towers in North Queensland is underlain by an extensive labyrinth of old mine workings in a large number of flat lying, subparallel, main and cross-cutting cross reefs extending of the order of 5 km along strike and down to a depth of 700 m in parts. These old workings produced over 6.6 million ounces of gold at a grade of over one ounce to the tonne prior to closure in 1920.Citigold is progressing the development of a modern, high productivity, low cost new mine to extract extensions of these reefs as well as other as yet un-mined reefs. To do this it is changing the paradigm for operating in such circumstances. This paper first briefly reviews the setting for the development and then discusses the philosophies and concepts that Citigold is proposing to use, harnessing technology to create a mine that exemplifies more productive and safer mining based on operating in the digital age.The paper addresses how a modern approach is being applied to the planning of a mechanised, deep, narrow vein, hard rock gold mine under a city. It also describes briefly the successful æexperimentationÆ with longhole open stoping methods developed at the companyÆs small underground operation (the Imperial Mine) to the south of the city, which will also be expanded substantially as part of the Charters Towers Gold Project.The paper also addresses the development of new and/or modified technologies in the venture, with the objective of pursuing continuous and autonomous mining methods. The company is adopting a holistic systems approach, addressing people, process and technology in order to efficiently identify and locate the high-grade ore zones and then extract them effectively at a high grade by minimising waste development and haulage, dilution and energy consumption, and with minimal environmental impact.CITATION:Lynch, M and White, B, 2013. Brave new world autonomous mining systems, in Proceedings World Gold 2013 , pp 157-166 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 26, 2013

By G S. C Murray

Major mining projects are developed with the assistance of lending institutions who provide hundreds of millions of dollars in funding over several years, and of course expect those funds to be returned with interest. Two Australian banks have adopted the Equator Principles, an emerging financial industry benchmark for assessing and managing environmental and social risk in project financing. Project financiers have encountered environmental and social issues that are both complex and challenging, particularly with respect to projects in the emerging markets of Asia-Pacific and elsewhere. There are many recent and historical examples of failures by resource companies to effectively manage their environmental, social, safety and security risks, some of which have caused the project to fail completely, and some of which have caused the temporary cessation of production. These events put the financial institutionsÆ funds at risk through inadequate management capacity and non-compliance adversely affecting the ability of the borrowers to repay the loans. They can also reflect adversely on the reputation of the lending institutions. In assessing these risks, lenders are increasingly looking at the track record of the borrower in its country of origin and in other countries where it operates. Lenders are wary of companies that have one standard for operations in a developed country, where the regulatory environment may tightly control what they do, and another standard for operations in countries where the regulatory regime is perhaps less stringent. Lenders may require environmental and social reviews or audits to be conducted on their behalf by competent third parties prior to a loan being approved, and annually over the life of the relationship. The mining industryÆs concept of the unwritten æsocial licence to operateÆ is highly relevant in relation to the delivery of community benefits that are sustainable post-mine closure. This paper provides examples of recent practices that support financial viability and sustainable development, as well as examples of some failures that have put lenders at risk.

Jan 1, 2007

By D Beck

Open access to forecasts of mine geotechnical performance in the form of open databases of model results has been considered risky in the past, with a concern that the results will not be understood or will be misused. However, some modelling techniques allow very high similitude modelling of mine deformation and the results can be presented as deformation, damage and other parameters which are unambiguous and which all engineers can be more easily trained to understand. With some effort, sufficient reliability and quantifications of error are possible to overcome many of the issues.Allowing more members of the planning team to have direct access to forecasts of mine deformation will promote awareness of geotechnical issues and will act as a mechanism for improving mine designs. The models will also be more easily integrated into quality assurance programs, by providing a framework for understanding measurement results.The sufficiency requirements for undertaking simulation aided mining engineering will be presented, included some conclusions about requirements for training, quality standards and software development.

Mar 21, 2011