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By Thomas E. G

In the economic evaluation of any Australian mining project, changes in taxation can significantly affect viability. Australian tax laws, particularly in the period since early 1973, have undergone many changes which have led to shifts in the profitability of mining companies. This paper examines the sensitivity of a selected, broadly based sample of Australian mining companies to the changes that have occurred, or are reasonably likely to occur, in taxation legislation. In the past, tax systems have been altered for a variety of reasons, such as 1. reduction'in the impact of inflation 2. neutralization of incidence between different sections of the economy 3. as an incentive to encourage expansion and growth in a particular industry or area, and 4. increase in the real "take" of government. In this paper, conventional rate of return analyses are applied in a study of how profitability is affected under various taxation systems.

Jan 1, 1977

The Newmont Waihi Operations mill has undergone significant growth over its life. Initially designed as a single SAG mill operation, the circuit has been progressively upgraded since 1988 from a nameplate capacity of 600 000 tonnes per annum to the current rate of 1.3 million tonnes per annum. With future mining potential there is renewed interest to increase the processing rate even further. Over the next twelve months five sustaining capital projects will be undertaken and two major eco-efficiency projects will be completed. With the exception of the large grinding mills, most equipment on a gold treatment plant is replaced after 10-15 years. Waihi Gold mine has been operating for 14 years and has just recently received approval to replace equipment in five main areas; carbon elution, carbon regeneration, scats crushing, intertank screens and variable speed drives. Each project has been justified on improved process efficiencies and operating/maintenance cost savings. The two eco-efficiency projects involve a water balance model and a cyanide optimisation project, both of which are Corporate key performance indicators (KPI).

Jan 1, 2002

The mining industry represents a small part of the international economy. Comprising few large companies, the industry exhibits volatile returns and over the past 25 years has failed to produce a long-term return that meets its cost of capital. It is not surprising, therefore, that the minerals extraction and processing industry is under considerable pressure from the investment community to lift its game. Management and boards are responding to this pressure by implementing more exacting cost control measures, capital management programs and through the process of consolidation. However, the cost of capital to the industry appears to have increased in recent years and investor attention seems to be preoccupied with the ænewÆ economy. Both of these influences will conspire to raise the bar for acceptable industry economic performance. This paper provides a useful snapshot of the minerals and extraction industry as it enters the 21st century. It remains cautious about future performance other than to conclude that single digit returns are likely to prevail, albeit at higher levels than over the past 25 years.

Jan 1, 2000

By M I. Jeffrey, J A. Rumbal, D M. Hewitt

Ion chromatography utilising an anion exchange column and UV detection has facilitated an improved understanding of sulfide mineral leaching in cyanide solutions. By analysing for sulfide, sulfite, thiocyanate, thiosulfate and metal cyanides it is possible to show that chalcocite dissolution is a non-oxidative process in which copper cyanide and sulfide ions are formed in solution. Further, the homogeneous oxidation of the sulfide ions by dissolved oxygen is slow, but catalysed by a surface of lead sulfide or pyrite. Polysulfides may also be formed as an intermediate oxidation product and these undergo further reaction to produce thiocyanate, thiosulfate and sulfite. The leaching of copper from a pyrite concentrate sample is shown to be rapid, and accompanied by significant iron dissolution; however, the iron is not believed to be from pyrite, pyrrhotite or chalcopyrite. The rate of iron leaching and cyanide consumption is reduced by maintaining low cyanide and high oxygen concentrations. Preoxidation or the addition of lead(II) ions does not reduce the iron dissolution from this pyrite concentrate.

Jan 1, 2007

By Enichlmayr E

Lignin grouts are cheap and easy to get. They have some desirable properties, but they aag less used now because environmental pollution is often caused by Cr from the lignochrome component of the grout. Their usefulness was researched in an earlier paper on lignin as a grout from other viewpoints. A non-toxic grout FUL was made composed of furfural, urea and lignin. After initial tests, including tests by spinning regression design, some response equations in which FUL's properties are described were obtained. Optimum formulations have been established by using optimization methods based on response equations. The engineering quality was assured by formulations whose properties were measured in further tests. The mechanical feature of gelling sand was measured by means of triaxial tests. This provides a basis for using FUL grout in-situ. Finally, an in-situ experiment on FUL was completed successfully. The results were that cracks in stratum were filled or blocked, the gelling of FUL had high strength, and low permeability and consolidation were achieved.

Jan 1, 1988

As an Inspector of Mines in Queensland, my main responsibilities include the enforcement of the Mining Act 1968 - 1986, the Mines Regulation Act 1964 - 1989 and the Metalliferous Mining regulations 1989 to promote the safe and responsible exploitation of the States' mineral wealth.An important adjunct to this task is the offering of an advisory service to the mining industry. However, in the pursuit of my duties to this regard, I have sadly observed in some cases, numerous wrong doings and negative activities by miners which have led to their ultimate demise, not to mention that of others. Despite what I consider corrective advice, I have witnessed, again in some cases, disregard and blind pursuit for the wrong end.This then is a novel approach to get the message home in the form of a light hearted cartoon presentation relating the saga of an average Aussie battler entering the mining game unprepared, making the wrong decisions due to his own ignorance and the cleverness of others, leading finally to his and possibly others' downfall.

Jan 1, 1990

I am sure that you are- all familiar with Airborne Magneto-meter Surveying so I shall-spend only a brief moment describing the instrument and techniques and the remainder of the allotted time-on-modern-application-of the instrument.The Airborne Magnetometer used by Aero Service in AUstralia-was designated by Gulf Research and implements the saturable-core flux-gate--principle. The first magnetometers developed'weremagnetic-balances and depended on the counter-torque principle but these required a stable platform and hence are not applicable to airborne surveying. Other methods include the induction methods, the Hall Effect methods, magneto-striction methods., Deflectioh. of,free.electrons, the proton-precession methods.Some: of these are applicable to airborne surveying. As a matter of-fact the nuclear precession magnetometer is the one generally used in the Satellites because it has been miniaturized most successfully.The Gulf Magnetometer is the one most generally used in mineral and petroleum exploration because its sensitivity is sufficient for the problem and-data and instrument techniques have been worked out and standardized.

Jan 1, 1962

By E G. Thomas

"This paper details the many improvements possible in narrow vein mining from the use of treated mining/milling waste as mine fill. Such fill can be: treated mill tailing, cemented or uncemented; development muck, treated or untreated, cemented or uncemented; andsome combination of these materials, or surface sands/gravels. Treatments involved may be both physical (optimisation of particle size gradings) and chemical (neutralision of potentially harmful milling chemicals).Potential benefits include a reduction in: back stress; vein closure; alternate ground support requirements; mining dilution; potential for surface subsidence; and extent of surface disposal of mining/milling waste, resulting in reduced environmental impact. Considering the usually small production tonnages involved, preparation and placement of a highly applicable fill material can be economically accommodated.Emphasis is placed on steeply dipping orebodies being mined overhand, although practice in the much less steeply dipping RSA gold/platinum-type orebody is also considered.CITATION:Thomas, E G, 2012. Mine fill in thin vein mining, in Proceedings Narrow Vein Mining 2012 , pp 215-218 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 26, 2012

By Carlie JC

Many low sulphidation epizonal gold and zinc-lead vein deposits within magmatic arcs are situated on basement highs, and post-date both the main volcanic episode and porphyry copper (gold) mineralization. These features are best explained by emplacement of a flat batholith a few kilometres beneath each mineral district, as recently demonstrated by geophysical data in the Baia Mare district of Romania. The batholith provides heat for the hydrothermal system, and results in extensional faulting both through up-doming of the overlying rocks, and in some arcs through incipient collapse of the thermally weakened crust under regional extensional stress. More water-rich magmas emplaced at greater depths could explain some deep epizonal and mesothermal gold deposits situated outside magmatic arcs.

Jan 1, 1995

By S H. Marshall, H Hutcheson

Conventional batch cell and FASTFLOT pilot plant studies of reverse flotation of coarse marcasite and pyrite (100 - 400 μm) to reduce the sulphidic sulphur content of a rutile concentrate, were undertaken. The batch cell experiments found no significant improvement in sulphur removal with acid wash and copper activation of marcasite and pyrite. Batch cell trials also identified potential difficulties of conventional mechanical cell plants operated at 40 per cent w/w solids. The FASTFLOT 250 B-2 pilot plant trials indicated that with a 0.6 - 0.7 per cent w/w feed sulphur content, target product grade can be met on a routine basis by a three-stage FASTFLOT plant floating coarse marcasite and pyrite. The trials found that 150 g/t PAX dosage and 15 minutes conditioning time are adequate reagentisation for 40 per cent w/w solids feed to the FASTFLOT plant.

Jan 1, 1998

A great part of the research on froth flotation of gold ores deals with ores containing gold associated mainly with sulphides, resulting in a largely accepted view that what takes place with sulphides (eg pyrite) in a flotation cell also happens to gold particles. This paper is concerned with the influence of some inorganics (CuSO4, CaO and NaCN) on gold particles flotation, using ethyl or amyl xanthates as collectors. The bench-scale tests were carried out with ground quartz and gold particles mixtures. Some findings stemmed from this study: flotation of the gold particles of size 0.16 mm was efficient adding only frother; larger gold grains were better recovered by the use of stronger collector CuSO4 did not seem to be an activator for gold; the addition of NaCN up to 200 g/t or CaO up to 2000 g/t did not depress the gold grains when amyl xanthate was used as collector although with ethyl xanthate the gold depression was verified.

Jan 1, 1993

By Moore R. F, Macias L. F

The Filbara region of northwestern Western Australia contains several known occurrences of mafic/ultramafic rock assemblages which may host platinum group element (POE) mineralisation. This paper deals with occurrences at Munni Munni and Andover. The Munni Munni complex is of particular interest because it is known to contain PGE mineralisation and is currently undergoing active exploration. The US/Australia Joint Scanner Project of October 1985 collected airborne scanner data for the BMR over Munni Munni. Such an ultramafic-mafic complex had not been previously researched with advanced remote sensing instrumentation. Extensive investigation of data from the NSOO1 (Thematic Mapper Simulator) scanner resulted in successful differentiation of gabbroic and ultramafic rocks, and also subdivision within the ultramafies. Similar differentiation could not be achieved using conventional Landsat MSS imagery and aerial photography. Encouraged by those results and in support of BMR field research into the mafic-ultramafic suites of the region, data from the Landsat Thematic Mapper (TM) instrument were investigated to attempt differentiation of the ultramafic and mafic rocks in the Andover complex some 50 km to the northeast of Munni Munni.

Jan 1, 1988

The ER&S Company operates a copper sinter plant, blast furnace and converter smelting complex at Port Kembla. Eighty percent of the smelter feed is dirty copper concentrates that contain some lead and zinc. The remaining twenty percent of the smelter feed is copper bearing secondary materials, some of which contain lead, zinc and tin. A predominately lead/zinc fume is produced during the smelting and converting of this feed mix. The composition and tonnage of fume produced at Port Kembla has varied over the years as the smelter feed sources have changed. The economic processing of the fume has always been dependent on the value of the metals contained in the fume and on the fume composition. Both pyrometallurgical and hydrometallurgical methods have been used to treat the fume for the recovery of some or all of the following metals - lead, zinc, tin, copper, cadmium, silver and bismuth. A detailed description of the treatment methods that have been investigated and used to process ER&S fume is given.

Jan 1, 1984

By McKee DJ

Many workers have observed an inverse relationship between final concentrate grade and valuable component recovery achieved by a flotation circuit, i.e. an increase in either grade or recovery may only be achieved at the expense of the other. The relationship is termed a "grade-recovery" curve and, in theory, limits the separation obtained by the circuit. However, circuit surveys in a nickel concentrator indicate that the operating "grade-recovery" curve of a circuit is not only determined by the nature of the ore and the circuit operating conditions, but also by the circuit design, particularly in terms of stage capacities. The surveys show that different capacity circuits can produce different operating curves for the same ore, and that capacity reallocation between stages has the potential to improve both grade and recovery. In particular, the relationship between circuit design and operating curve position is shown to be a function of the circulating loads generated by the circuit design, balancing the beneficial effects of recycling material against the proportion of plant capacity consumed by recycling.

Jan 1, 1986

With the proclamation of the Environmental Protection Act, 1971-80, the Environmental Protection Authority and Department of Conser- vation and Environment were established to enhance the quality of the environment. Proposed gold developments of all scales can be referred to the Authority in the form of a Notice of Intent. Environmentally significant projects might then require preparation of an Environmental Review and Management Programme. Current environmental issues include the'effects of clearing by prospectors,, mine dewatering and tailings disposal. INTRODUCTION In the past, the environmental aspects of gold industry related activities have received little attention. However, with the proclamation of the Environmental Protection Act, 1971-80, mechanisms were instituted which allowed both for referral of projects to the Environmental Protection Authority (EPA) and establishment of the Department of Conservation and Environment. As well as providing assistance to the EPA on referred projects, the Department is concerned about a number of environmental issues associated with the gold mining industry.

Jan 1, 1982

Since 1960, the Dongchuan Copper Mining Bureau, Yunnan Province, China, has treated copper oxidised ores by sulphidisation - flotation technique only to recover copper. In order to improve the metallurgical performances and economics of flotation, extensive development work has been carried out during the past 30 years: several specific flotation flowsheets have evolved from the originally selected `stage - grinding and stage - flotation' flowsheet to suit various ores; the overall grinding size of the ores has been increased from 80 per cent - 200 mesh to 90 per cent - 200 mesh, resulting in significant increase in copper recovery; the substitution of CaS for NazS proved to be successful in sulphidisation of copper oxidised minerals, and also in avoiding the depressing effect of Na2S on copper sulphide minerals; the application of a number of activators of copper oxidised minerals, especially ethylene diamine phosphate, has considerably improved the flotation performance and decreased the consumptions of other reagents. Finally, the combined use of sodium hydroximate with butyl xanthate has been shown to be effective in enhancing the floatability of both copper oxidised and sulphide minerals.

Jan 1, 1993

By A S. Ray, P S. Thomas

The characterisation of the surface area and porosity of opals derived from Tintenbar, a volcanic environment, and Lightning Ridge, a sedimentary environment, using nitrogen gas adsorption at -196¦C is reported. Both opal types were found to have relatively low surface areas and displayed little porosity. The low surface areas observed is indicative of the ability of silica to infill voids and interstices. Thermogravimetric analysis of the samples before and after degassing was carried out to determine the amount of water removed by the degassing process. Negligible difference was found in the water content before and after degassing in the case of the Lightning Ridge sedimentary opal, while the Tintenbar volcanic opal was found to have lost more that 60 per cent of its water during the degassing process. These differences were ascribed to the differences in the silica structure of the opals with the Lightning Ridge opal having a denser cage structure, which traps the molecular water, while a more open structure is postulated for the Tintenbar opal, allowing the water to be relatively easily removed.

Jan 1, 2008

By Goldie R

The use of options theory in business has become well established in recent years and is currently one of the most exciting areas of current finance research. The theory can be used to value levered firms, and streams of contingent payments. This technique also has very practical applications in the areas of capital investment analysis and the valuation of equities in the natural resource industry. The use of options theory has been well accepted and used for many years in the trading of commodity options and futures contracts, in banking and insurance and in other industries. It also can be used to value such diverse contingent claims problems as the income tax liabilities of the firm and share underwriting agreements.Its application to the more complex options, such as those present in the resource industry, is only now becoming known. This lag is, at least partially, due to the difficult mathematics involved in solving complex options problems. Another factor is the almost overwhelming abundance of uncertainties, such as grade, tons and other natural risks, which must be considered in the evaluation mining projects.

Jan 1, 1990

By Peres EC

The flotability of monazite, zircon and rutile in the presence of sodium oleate, potassium octyl hydroxamate and a commercial hydroxamate was investigated through microflotation tests in a modified Hallimond tube. Zeta potential determinations in the absence/presence of collectors were performed in a microelectrophoretical cell. The microflotation testwork showed that, in general, the flotability characteristics of all three minerals are very similar. Commercial hydroxamate is, by far, a stronger collector than the pure potassium octyl hydroxamate. Electrokinetic studies indicated that the adsorption of collectors shifts the isoelectric point (IEP) of the minerals towards lower pH values. These collectors also are capable of changing the zeta potential values to more negative figures in the pH region above the isoelectric point. An increase of the conditioning temperature, generally, enhances the floatability of the three minerals. A depressant is required in order that selective flotation is feasible in the system monazite-zircon-ruffle. Sodium metasilicate is an efficient depressant for zircon and rutile and affects only slightly the flotability of Monazite.

Jan 1, 1993

By Yokozawa K, Yamamoto T, Kameoka Y

Japan Construction Method and Machinery Research Institute has been conducting various field surveys of tunnel works and other excavation works, and the cost and efficiency of these two excavation methods have been studied. Based on these data, the costs of blasting excavation and mechanical excavation represented by roadheaders were calculated. The costs were calculated and compared for rocks of various hardness. When the total construction cost is considered, the degree of overbreak becomes one of the most influencial factors, because the overbreak area must be filled up with expensive shotcrete in NATM. So, in the next step, the relation between the excavation costs considering overbreak and the rock hardness was studied using the data on overbreak obtained by the field survey.

Jan 1, 1987