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THIS SYMPOSIUM ON AUSTRALIAN BEACH SANDS IS MOST TIMELY; WHEN WE ARE APPROACHING PEAK PRODUCTION FROM THESE RESOURCES AND WHEN PRICES ARE GOOD, BUT THE RESOURCES CAN BE SEEN TO BE COMING TO AN END IN THE LIFETIME OF OUR YOUNGER COLLEAGUES - 20 TO 25 YEARS AS WE HEARD FROM ROY TOWNER TODAY. THE SPREAD OF PAPERS HAS BEEN 15 PERCENT EACH ON GEOLOGY AND THE MINERAL RESOURCES, WITH 25 PERCENT ON LAND USE AND ENVIRONMENTAL PROBLEMS. I AM PLEASED TO SEE 20 PERCENT HAS BEEN ON TREATMENT PROCESSES AND 25 PERCENT HAS BEEN CONCERNED WITH DOWNSTREAM USES. I SUSPECT THESE RATIOS ARE DUE IN PART TO THE WAY PAPERS WERE CALLED FOR, BUT THEY ALSO SUMMARISE CLOSELY THE BALANCE OF INTERESTS IN THE INDUSTRY. NOTE AGAIN; 30% CONCERNED WITH SUSTAIN -ING RESOURCES, BUT 25% WATCHING LAND USE AND IMPOSING CONTROLS; 20 % IMPROVING THE PRESENT PROCESSING, AND A HEALTHY 25% WITH AN INTEREST" IN WHAT HAPPENS TO THE MINERAL CONCENTRATES. I SHALL RETURN TO THIS FOURTH POINT AT THE END OF MY REMARKS. THE POSSIBILITY OF ADDITIONAL HEAVY MINERAL SANDS IN NEW AREAS WAS HINTED AT BY M.S. SHEPHERD (EG TERTIARY SHORELINES OF THE MURRAY BASIN). OLD FOSSIL SHORELINES, WELL REMOVED FROM PRESENT SHORES ARE AN IMPORTANT MINERAL SOURCE IN CHINA AND IT WOULD HAVE BEEN INTERESTING TO HEAR FROM THE SEVERAL COMPANIES EXPLORING IN THE MURRAY BASIN. I ALSO NOTICED THAT WHILST OUR MONAZITE

Jan 1, 1986

By P Ormsby, T Hewitt

Ore in pillars constitutes a significant proportion of the ore reserve at PasmincoÆs Broken Hill Mine. Many of these pillars are narrow (5 -6 m) and high (16 û 35 m) vertical blocks. High-grade ore has been left between primary horizontal cut and fill stopes. These stopes were mined from the late-1960s until the early-1980s. Fill material is a variety of hydraulically stowed sand, sand-cement, and remnant timber support. Many pillar cut-throughs were made between the old stopes. In order to gain access for the current pillar recovery operations, it has been necessary to develop pillar drill drives through, and adjacent to, the hydraulic filled stopes. Whilst long hole recovery of vertical pillars is not new, some notable successes using innovative ideas have been achieved during 1997. These innovations include:The use of steel mesh reinforcing in shotcrete when mining through, or adjacent to, hydraulic fill. Construction of steel sets to support vent rises and haulage ways encountered in the cut-throughs. The use of ground movement monitoring equipment. Survey lasers with chain droppers and convergence monitors were installed in the 18 Pillar to detect any movement of the pillar block and decrease risk to personnel. The development of a three-dimensional computer model of primary stoping, using Vulcan software, to assist in the design of pillars. Maximisation of recovery using different drilling and firing practices.

Jan 1, 1998

By Isaev EN, Levin LE

New data on the geology of the Late Jurassic to Holocene sediments cover of the World and associated mineral resources (oil, gas, ferromanganese nodules, ores of massive sulphides and other metals) have been compilled in the Atlas at scale 1:25,000,000 and 1:10,000,000. The work was performed by scientists from four Institutes of Russia (VNllzarubezhgeologia, VNlloceangeologia, Vernadsky Institute of Geochemistry and Analytical Chemistry of the Russian Academy of Sciences and Geological Institute of the Russian Academy of Sciences). The Atlas shows variation of thickness and formational composition of the large complexes (Upper Jurassic-Early Cretaceous, Upper Cretaceous- Eocene, Oligocene-Neogene, Pliocene-Pleistocene), distribution of oil/gas and ore deposits in each complex, data of deep- sea drilling (leg 1-130), thermo-pressure condition in the sedimentary basins within Circum-Pacific Rim.

Jan 1, 1995

By Y B. Kang, Y J. Park

Ti-added ultra-low carbon (ULC) steel is produced by adding Al and Ti during the secondary refining process to deoxidise molten steel and to bind C and N which are detrimental to the deep drawing quality of the steel product. However, the production of Ti-added ULC steel faces challenges, including submerged entry nozzle clogging and surface defects on cold rolled coils. The troubles were often attributed to ‘Al-Ti complex inclusions’ in the molten steel. However, the evolution of oxide inclusions including their stability has been still unclear. In the present study, the evolution of these inclusions in Ti-added ULC steel was investigated by phase diagram measurement, CALPHAD thermodynamic modelling, high-temperature stability test for the oxides, and observation of transient behaviour of oxide inclusions in the steel. The phase diagram of the Al-Ti-O system was elucidated with an emphasis on oxygen potential, which significantly controls the stability of the oxides. CALPHAD thermodynamic models and a self-consistent database were developed. The transient behaviour of Al-Ti complex inclusions in Ti-added ULC steel was observed in situ using a confocal scanning laser microscope. This was additionally validated by the new thermodynamic model. The equilibrium phases of the oxide inclusions were investigated using a high-temperature resistance furnace, and were analysed using a secondary electron microscope, energy dispersive spectrometer, and electron back-scattered diffraction. By considering the morphology and crystal structure of these inclusions, the evolution of Al-Ti oxide inclusions was elucidated. Various behaviour of Al-Ti inclusions and their influence on steel cleanliness are discussed.

Aug 21, 2024

By V A. Diemar

The Chatree Gold Project represents a greenfields discovery of metallurgically clean shallow gold mineralisation in a logistically simple terrain. Total Measured, Indicated and Inferred Resources are currently 31 tonnes of gold and 160 tonnes of silver. Gold occurs in an adularia-sericite epithermal system within quartz-calcite-adularia veins, breccias and stockworks. Host rocks are volcanic arc porphyritic latite-trachyte flows, their pyroclastic equivalents and volcaniclastics of upper Permian to upper Triassic age. The mineralisation was deposited in dilated zones during repeated reactivation of pre-existing structures. To-date five mineralised prospects have been defined by drilling with three reaching JORC Code Mineral Resources status. The project is in its definitive feasibility stage and is anticipated to be in construction during 2000.

Jan 1, 1999

By P R. Lock

The Silver Swan nickel mine is located at the Black Swan Nickel Project, 53 km north east of Kalgoorlie, Western Australia. The Silver Swan orebody is a massive sulphide nickel deposit dipping 70¦ east with an average in situ grade of 14 per cent. Mining of the massive orebody is by Mechanised Ramp Cut and Fill (MRCF). A mining recovery of 98 per cent and minimising dilution are primary goals in extracting the high-grade ore. Placing a distinguishable marker bed (working platform) on rock fill was identified as a key method to achieving these goals. Gravel from a pit located onsite was considered the most suitable material for the marker beds. Research undertaken to design the marker beds using the gravel revealed conventional methods used in mining would not suffice, but that road stabilisation methods could be a viable alternative. Trials used a road recycler to mix cement and gravel in situ and several test beds were constructed on the surface to determine the final design. The trials attempted to replicate a marker bedÆs life cycle of construction and placement and mucking of ore from the marker bed. Testing the marker bed for strength for use as a working platform was completed using a Clegg Hammer; good correlation to a Clegg Impact Value and the compressive strength of the stabilised gravel was found. This paper describes the use of a road stabilisation machine, tests conducted, monitoring and marker bed design and discusses underground placement of the marker bed and its performance.

Jan 1, 1998

By Y Peng, D Liu, S Vink, B Wang

There have been strong industrial observations that clay minerals have a deleterious effect on mineral flotation grade and recovery. However, rigorous explanation on the role of clay minerals in flotation and effective ways to reduce their negative effects are not available. In this study, the flotation behaviour of low quality and high quality coal samples were examined at the Xstrata Oaky Creek Coal plant, and laboratory in fresh and recycled water with high ionic strength. Anionic and non-ionic dispersants including lignosulfonates and triblock copolymers were also tested with an objective of improving coal flotation in recycled water. It was found that overly stable froth was produced in the flotation of both low quality and high quality coal samples in saline water. Speciation modelling indicated precipitation of hydrophilic components which may adversely affect the flotation. Despite the overly stable froth, saline water produced much higher combustible recovery than fresh water without significantly losing the product quality. Lignosulfonate dispersants displayed a potential to improve the flotation in fresh water, but not in saline water. Significant flotation improvement was achieved with the triblock copolymer examined in both fresh and saline water.CITATION:Liu, D, Wang, B, Peng, Y and Vink, S, 2012. Determining the effect of clay minerals on coal flotation using saline water, in Proceedings 11th AusIMM Mill OperatorsÆ Conference, pp 151-158 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 29, 2012

The old Trekelano mining area is situated in the Cloncurry Gold and Mineral Field 14 km east-south-east of Duchess. It connected with the main Cloncurry-Dajarra railway line by a private line from Juenburra, a distance of 10 km. The distance by rail from Townsville is 561 km. The area was first mentioned circa 1902 - 1903 when a very short report said, that a Tony Allis had taken a parcel of copper ore out of a mine which, he called æThe InheritedÆ. After that report, nothing further was printed until about 1906, when traces of copper were noticed on a wagon track going to Kiama Well. The Trekelano deposit did not outcrop, with the cap covered by about two metres of soil. The deposit was named after an early pastoral holding. The early prospectors were however disappointed by TrekelanoÆs low copper grades, approximately five per cent Cu. This is understandable when, in those days, about 25 per cent was the cut-off grade for mines in the district. Meanwhile, The Hampden Mining and Smelting Company were constructing a smelter to treat their sulphide ores at Kuradala that was replacing their high grade oxides ore. By about 1910, the Hampden Mining and Smelting Company was experiencing smelting problems, and needed suitable oxidised copper ore to blend with the Kuradala pyritic ore. Someone must have remembered the Trekelano low-grade oxides, resulting in agreement to mine and cart the ore to Duchess, from where it was railed to Hampden, as Kuradala was known at that time.

Jan 1, 1998

By D Clarke, R Simpson

The Main lode in the Anwia Gold deposit is difficult to interpret due partly to the fact that three separate grid and drill hole orientations exist over the area and partly due to a lack of understanding of the controls on the high-grade mineralisation. Scattered high gold grades and multiple veining orientations add to the confusion. Sectional interpretations of the lode are often misleading due to the multiple orientations of drilling. Initial attempts to define a high-grade constrained geological model were not successful due to the inability to establish any geological continuity that would hold together in three dimensions. As a consequence the initial geostatistical domaining for the Main lode at Anwia comprised a simple broad mineralised envelope split by the weathering profiles. Subsequently an analysis correlating subjective qualitative logging information with grade plus utilisation of LeapfrogTM software, together with extensive geological re-interpretation resulted in the definition of a coherent high-grade shoot within the Main lode. The resource was re-estimated including this new domain as a high-grade hard boundary. Estimations on both models were carried out using uniform conditioning, which is a recoverable resource estimation methodology that estimates tonnages and metal above a series of cut-offs for SMU (selective mining unit) sized blocks. This paper compares the tonnages and metal contents that are calculated from the two estimation runs, both at a zero cut-off and a series of higher cut-offs. The results confirm that the estimation methodology has been implemented correctly as the tonnage and metal content at zero cut-off is the same for both models. The resource tabulations and grade tonnage curves predicted by the two models highlight the differences that can occur at higher cut-offs when realistic high-grade domaining is implemented. The results also reinforce the point that recoverable resource models are intended to address selectivity issues and are not substitutes for good geological modelling. Recoverable resource techniques, such as uniform conditioning, will not correctly estimate high-grade zones that have not been explicitly modelled.

Jan 1, 2006

By Denby B, Miles N. J

The underlying theory behind the construction of an on-line size analysis system is described together with an introduction to the Artificial Intelligent techniques that it is founded on. Previous systems based on more traditional technology such as edge detection and dilation algorithms have been restricted by the significant processing power they require, this has resulted in the production of systems with either reduced functionality or severe hardware requirements. A neural network approach offered a new perspective to the problem of size analysis; the ability of a network to learn and recognise subtle patterns in training data before on-line processing is initiated opened up the possibility for the production of a fully functioning practical system. The format of the training data had to be carefully analysed prior to its implementation in a neural network as the capability of a neural network solution depends as much upon a suitable data preparation as it does on the system architecture. To facilitate experimentation with various profile quantification techniques such as fourier and fractal analysis an Image Profile Analysis System was constructed (IPAS) in software on a personal computer. The IPAS system was produced with the aim of pre-processing image data to create data sets for experimenting with external neural network packages. The system allows the analysis of both real images obtained by image capture and simulated images created by an in-built in simulator. A measurement comparison scheme is also included together with a case study concerned with the frequency analysis of simulated images. The power of neural networks combined with the data compression provided by profiling removes the need for direct measurement of individual particles. This has obvious implications on the level of hardware necessary, and ultimately the expense of a stand alone system. The extrusive nature of data collection via an image analysis system will also permit simple installation of a shipped system; eliminating any requirement for interference with existing machinery.

Jan 1, 1995

Segregation of granular material is a very common phenomenon. Realised in a forced manner it is a basis of all separation processes in mineral processing, mainly classification and beneficiation. Spontaneous segregation, occurring under dynamic conditions and making possible mutual translocations of grains, is however an undesired phenomenon as a rule. It decreases the degree of blending of the material which in many cases is an important technological feature of the material. It should be noted that the segregation can be treated as the reverse phenomenon to blending. The importance and frequency of spontaneous segregation has caused many rules and technical solutions to be developed aimed at decreasing the possibility of the spontaneous segregation. However, not enough attention has been focused on an quantitative description of the phenomenon of segregation, either to ways of quantitatively evaluating segregation effects or to explanation of the influence of conditions under which the grained material exists on the occurrence of segregation and its degree. The paper presents the following topics: 1. new numerical indicator for evaluation of the segregation degree (and blending) of material contained in an arbitrary determined region is proposed; it is determined relative to the maximum possible degree of segregation of the given material when taking into account its individual properties; values of the indicator can be calculated effectively for an arbitrary material, also for ulticomponent material. 2. there is proposed a way of evaluating the state of segregation (or blending) of material in an arbitrary part of the region mentioned above, based on investigation of the gradient of distribution of the material features; algorithms of analytical procedures and calculations are presented for typical cases met in mineral processing; 3. results of initial experimental studies, both laboratory and industrial, concerning the effect of the chosen factors occurring in transport and storage of the material on its degree of segregation are presented; and 4. conclusions referring to the fundamental and practical significance of the results are also presented.

Jan 1, 1993

In general the iron ore industry has been slow to adopt the Whittle Pit optimising software in the evaluation of iron ore deposits. The reasons for this are two-fold:the iron ore industry has developed techniques, usually bespoke software residing in the corporate offices of the respective iron ore companies, to establish their final pit limits; and the fact that the Whittle software doesnÆt easily lend itself to estimating a sales product of constant quality without maximising grade (metal content). The Whittle software is based on the work done by Lerch and Grossman (in the early 1970s), which proposed that graph theory be used to establish an optimal surface that maximises the revenue from a deposit. The maximised surface created in the pit optimiser is translated into a proposed optimal final pit shape that can be used by the mine design engineers as a target outline to lay out the final practical pit. By treating a geological and ore resources model that was created for an iron ore deposit as a subset of the recoverable resources estimation (RRE) type of geological models, the evaluation of an iron ore deposit and establishing the final pit is greatly simplified in the Whittle 4-X optimiser. Instead of trying to optimise the iron content of the deposit, the emphasis swings to maximising the extraction of a finished and saleable iron ore product. This is achieved by treating the finished saleable iron ore as an element in the multi-element Whittle optimiser. The quality of the finished sales product is represented, and the material that cannot be used in the blended product is also shown. Proposals for enhancing the functionality in the Whittle 4-X optimiser to make the evaluation of iron (and coal) deposits easier includes the creation of a new reporting function that will allow the user to specify which field(s) can be used as the divisor(s) for the reporting of the element grades in the model.

Jan 1, 2007

By Linge HG, Klauber C

The key element in the carbon-in-pulp process for gold processing is the loading of dissolved Au(CN)2 from solution onto activated carbon. The mechanism and kinetics of this step have been examined by solution adsorption-desorption and X-ray photoelectron spectroscopy for both coconut derived activated carbon and peat-based activated carbon. The results show that these carbon types have the same mechanism and kinetics of adsorption. There is no contribution to the bonding from carbon-oxygen functionalities on the carbon surface, as has been invariably supposed in all previous theories for the mechanism of the reaction. It is shown that Au(CN)Z is reversibly adsorbed intact on and parallel to the graphitic planes of the carbon with the formation of a weak carbon-gold n-donor bond. The kinetic measurement of carbon gold loading reactivity is discussed and use of the Murdoch equation for this test is critically assessed.

Jan 1, 1989

The mineral sands deposit of Australia pose a number of unique, and quite unusual problems for the explorationist. Most concentrations of heavy minerals have been found in the unconsolidated sediments of the east and west coasts. Mineral sands mines open larger areas per tonne of concentrate than most other mines. This is because of the shallow depth of the sands containing the heavy mineral concentrations. Obtaining tenure can, by mining industry norms, be a massive operation due to the large areas to be examined and, particularly on the east coast, the large number of land holders encountered. A commercial development can still emanate from anything ranging from a small high grade body to a massive low grade deposit, the prices currently being obtained for rutile, zircon, ilmenite and monazite, although still modest when the remarkable properties and applications of these minerals are considered, is nevertheless attractive when compared to the prices being obtained for the base metals with the exception of gold. The current interest in the location and definition of new reserves of heavy minerals reflects this relative price attractiveness. The discovery of heavy mineral concentrates does not necessarily ensure the early establishment of a mine. Because of the cyclical nature of market prices, the average returns likely over the life of the mine permit the employment of only relatively simple, low cost, mining, concentration, and separation processes. If difficult mining conditions are encountered or the removal of small contaminants by complex metallurgical processes are required, then higher market prices must be obtained. Until the market is prepared to pay more for the commodities so produced, the resource will not be economic and lower cost reserves will be mined in preference. The Australian mineral sands industry has seen many closed mines because of past failures to properly assess the data base collected during the exploration and development phases of the failed projects.

Jan 1, 1987

By J E. Everett

Ore selection is generally a highly subjective task, with emphasis on producing product with a consistent target grade matching a perceived market requirement. A composite selection criterion ‘Comp’ (a linear function of the grade vector) can be used to maximise ore tonnage at a specified target grade (in Fe and contaminants) extractable from a block model. The blocks correspond to the selective mining units, with grades interpolated from diamond drill hole data. An iterative procedure has been developed to identify the coefficients and cut-off value for the composite function ‘Comp’, maximising potential ore tonnage at target grade.Commonly, target grade is predetermined by marketing; however, there is no guarantee that maximising ore tonnage at a specified target grade maximises the potential value of the mine. If the value of ore could be expressed as a linear function of the grade components, then these coefficients would be appropriate for the selection criterion ‘Comp’. The cut-off value for ‘Comp’ would correspond to the marginal cost of production; all blocks with a ‘Comp’ score above the cut-off would be classified as ore; and the cumulative grade of these ore blocks would be the average product grade over the life of the mine.Unfortunately, no such value function for iron ore is generally available. Methods for estimating the value function are discussed, using the spot price and sensitivities based either upon operational tolerances for Fe and the contaminants or upon published price differentials. This approach has been applied to an anonymous Pilbara deposit with about one million blocks averaging 1.1 kt. It is shown how the optimal target grade, cut-off grade and maximum tonnage can all be explored as a function of marginal cost and iron ore price. Alternatively, given marginal cost and an iron ore price, the effects of changing the tolerances (and therefore the relative costs of the contaminants) can also be explored.It is suggested this procedure can enable informed decision-making for an iron ore mine. Rather than setting final policy for the entire life-of-mine, the method enables target grades and tonnage estimates to be revised by re-computation as the mine life proceeds to recognise changes in market conditions and knowledge about the resource.It should be emphasised that this paper is concerned with ore selection rather than ore sequencing. Appropriate ore selection is a necessary but not sufficient condition for maximising value. Having identified the set of blocks that potentially maximise value, the sequence in which they are mined will present a trade-off between producing at constant grade and extracting high value ore early. The sequencing issue is not considered here. It is shown that optimum ore selection for an open pit mine is independent of any consideration of discount rates, although ore sequencing will depend upon the time value of money if the product grade is to vary across time.CITATION:Everett, J E, 2015. Ore selection to maximise value, in Proceedings Iron Ore 2015, pp 443–448 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By M Yahyaei, M S. Powell

Mineral processing plants have become large and complex, generally through progressive expansions. Addition of a pre-crushing stage to conventional Semi-Autogenous-Grinding (SAG) and ball mill - crushing (SABC) circuits has introduced a complex materials handling system coping with +200 mm particles. Application of High Pressure Grinding Rolls (HPGRs) and implementing hybrid comminution circuits (ie, HPGR-SAG mill) requires proactive control of the feed size distribution to each unit. Application of Vertical Tower Mills (VTMs) and other fine grinding equipment to achieve a finer grind size, while maintaining the throughput, requires splitting the feed evenly between parallel units. Many of the conventional comminution circuits (ie, staged crushing and screening followed by staged ball milling) must deal with the transition from open pit ore, which is generally altered and soft, to underground ore, which is intact and hard, requiring existing crushers to produce a finer product to unload the ball mills.This paper presents common process improvement opportunities which have been identified during a number plant process reviews conducted by the authors in Australian and international operations. The operation of comminution circuits to known and accepted standards, which is explained in this paper, could improve the performance of circuits by between 5 and 10 per cent, generally at no capital cost and often at a lower operating cost. The performance improvement can be realised as throughput increase, a finer product size, or reduced operating costs (ie, energy saving, low maintenance, less consumables).Process optimisation opportunities presented in this paper include: enhancing materials handling and storage to avoid segregation; standard operation of screens to reduce misplaced materials; proper feeding arrangement and control of crushers to increase their utilisation; preparing proper feed for SAG mills to reduce grind size; splitting the feed evenly between parallel equipment to improve utilisation, and controlling operation of classification units to improve energy utilisation.CITATION:Yahyaei, M and Powell, M S, 2018. Production improvement opportunities in comminution circuits, in Proceedings 14th AusIMM Mill Operators' Conference 2018, pp 233–248 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 29, 2018

By K Karmawan, T Casten

The PT Freeport Indonesiaæs Deep Ore Zone (DOZ) copper deposit is located in the province of Irian-Jaya, Indonesia. Currently, a block cave mine is being developed around this deposit. Production is scheduled to start the fourth-quarter of year 2000 and to ramp up to 25 000 tpd by year 2003. The air quantity requirement for this mine is equal to 780 m3/s. To supply this quantity, the mine will require five centrifugal fans (one 450 and four 750 kW fans). This study summarises the technical aspects related to the installation and commissioning of two of these fans. The fans were installed on the surface in parallel arrangement with two others. Each has a design capacity of 240 m3/s of air at 2.2 kPa of static pressure. The study presents the installation details from the underground shaft excavation and portal development through fan testing and commissioning. It also presents the results of a monitoring system that was installed to determine the fan duties.

Jan 1, 2000

Mining the Carpathia orebody at the Ardlethan tin mine in the late 1970s involved an innovative approach to underground mining which stretched the limits of drilling and blasting techniques. Holes of up to 95 m in length were drilled and blasted from the surface to extract an orebody which extended from 45 m to approximately 95 m below surface. This approach resulted in the elimination of an underground drilling sublevel, thus minimising the costs and hazards associated with underground drilling and blasting. Now, almost 30 years on, this method would probably still be the most appropriate choice.

Jan 1, 2008

By B Maybee

In underground mine planning, many potentially value-eroding decisions are made due to a lack of time and proper evaluation practices. The information required for mine planning decisions goes beyond external sources of uncertainty that are recognised by typical evaluation techniques used in the mining industry, to include technical factors (eg mine development layout) and the ability of a mineral extraction project to achieve its anticipated production levels. Due to the individual characteristics that define underground mining projects, each will exhibit a different risk profile, and thus advanced optimisation and evaluation techniques are required to capture this information.As underground mine planning tools become more sophisticated, mine planners have the capacity to investigate numerous mine sequencing options to identify the best strategy for a given project, creating higher value for shareholders. This paper describes a risk-based evaluation methodology (RbEM) that accounts for financial and technical risk in the evaluation of underground mining projects. While the use of the RbEM has been described in previous works, no benchmarking of the benefits that can be realised from a change in those decisions that are made early in the process has been undertaken. To show the benefits that can be achieved from using the RbEM, this paper updates a case study to which the RbEM was applied, and takes a retrospective look at whether additional value would have been gained by following the strategic recommendation of the RbEM versus a typical optimisation exercise that aims to maximise the net present value.CITATION:Maybee, B, 2012. Can a risk-based evaluation provide a more valuable mine design?, in Proceedings Project Evaluation 2012 , pp 53-58 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 24, 2012

By Sivell W

We discuss the origin of the Patuki ophiolite complex and the Dun Mountain ultramafics of Middle Permian age in Nelson, New Zealand. It is shown that the Patuki volcanics have strong affinities with tholeiites of mid ocean spreading ridges transitional to alkaline basalts similar to those from fracture zones and ocean islands. At D'Urville Island, typically pillowed alkaline basalts enriched in rare light rare earth elements (LREE) - ophitic spilites - are associated with LREE-depleted (N-MORB-like) tholeiitic spilites with intergranular textures. The metabasalts are associated with a wide variety of sediments, and with sediments are intruded by conformable sheets of serpentinite. Coarsely crystalline mafic and plagiogranitic rocks signify vents and magma chambers, and we propose that the group developed as ocean crust from a slowly spreading mid-ocean ridge, transform association, overwhelmed at intervals by volcaniclastic sediment. Detailed mapping at a scale of 1:5000, and stratigraphic and geochemical development and structural coherence, show that the group is not melange in the Franciscan sense. The Dun Mountain Group, of serpentinites, peridotites, dunites, gabbros and other rocks, intruded the upper Patuki Group as a linear series of aligned pods and sheets. They carried up with them tectonic inclusions of older rock, which were metasomatised, and altered wall-rock, and one low angle dike passed several hundred metres into overl~ing sediment, at moderate temperatures (500 C). The rocks did not act as a floor (and alleged source) for the Patuki, but partly post-dated and were emplaced into Patuki.

Jan 1, 1987