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Petroleum exploration and development is vitally important for the future well being of Australia. The Australian petroleum exploration/development industry is alive but not so well. A combination of.:factors point to the industry requiring a much more mature effort in both short and longer-term planning to ensure greater success and effectiveness for petroleum discoveries and development. While many petroleum exploration companies are competently run, there are far too many which will be lucky to survive, even though their exploration areas are highly Prospective.

Jan 1, 1983

By Seshold P

The cost of capital is the rate at which a project's cash flow should be discounted to obtain the Net Present Value. The cost of capital is a weighted average of both debt and equity funds of a company, on an after tax basis. Two methods are described for calculating a company's cost of equity, the Dividend Valu- ation Model and, more importantly, the Capital Asset Pricing Model. A worked example is presented where the cost of capital was obtain- ed for two resource companies. The application of the cost of capital was illustrated by way of a mining equipment replacement problem. The paper outlines refinements and problems that may be encountered with the use of the cost of capital, and concludes that it is an integral part of any project evaluation.

Jan 1, 1983

By Denholm WT

The Dittmer process for the debismuthising of lead by electrolysis beneath molten caustic soda has been scaled up to 100 kg lots for batchwise operation and to 20 kg per hour for a continuous flow of lead. Bismuth was decreas- ed from 0.03 to less than 0.005 wt. per cent for an electricity consumption of 220 kWh per ton of lead. Lower bismuth levels may be readily achieved if required.

Jan 1, 1975

This paper looks at the development in management education for engineers at the undergraduate level with particular reference to mining engineers. The management core content of the engineering degree course at Ballarat C.A.E. is described is some Detail.

Jan 1, 1986

During the past three years there have been several parties prospecting for oil in the Stat6 of Queensland, and It was: gratifying to read the newspaper headlines last Christmasabout the discovery of oil in the Moohie Nol Well. This discovery was not only a welcome Christmas present for Australia but marked up another success for the seismicmethod in exploration for oil.The purpose of this paper is to discuss the operationaI aspects of seismic work in Queensland with-emphasis on shot-haledrilling. The paper is based upon the experience of one particular seismic survey which began in December of - 1959 and is still inoperation. This survey is being conducted by the Petty Geophysical Engineering - Company of San Antonios, Texas, and the Queensland area involved is in the general vicinity of Quilpie, Dlackall and Charleville.

Jan 1, 1962

Modern Management Systems for Higher Margins By Malcolm Roberts, Catalyst for Corporate Performance Ltd Malcolm Roberts put the case for changing systems in order to change behaviours and attitudes and improve productivity. ""The key to lifting margins is changing systems."" A system is anything that drives ways of doing things. Sometimes these are formal, and documented, and sometimes they are not. Improving productivity The way to dramatically improve performance is to use the systems. Roberts stressed that if systems and processes are under control, the benefits of automation are huge. If they are not, the benefit of automation will be lost. To improve productivity, you need to: ò identify what to change in the process, ò use the proven methodology to systematically improve the process, and ò change what people do - change work practices.

Jan 1, 1997

Diversity is a key strength for Western Mining Corporation. An international corporation with assets of about $A10 billion, WMC is engaged in both mining and downstream processing of minerals including nickel, gold, alumina, copper and talc, as well as having interests in oil and gas production and agricultural fertiliser. The company is focusing on several core commodities that will maintain its strength in the years ahead. Although most current mineral assets are within Australia, it plans to have 25 per cent of its operations off-shore by the turn of the century, and be a major producer in at least six core commodities. WMC's strategic and management focus has shifted from a regional approach to a commodity focus so that it can more readily cater for different markets with differing sensitivities. This document is an ABSTRACT ONLY - no paper was published for this presentation

Jan 1, 1996

This paper looks at the development in management education for engineers at the undergraduate level with particular reference to mining engineers. The management core content of the engineering degree course at Ballarat C.A.E. is described is some Detail.

Jan 1, 1986

By Bailey H. W

Power supply for remote mining developments is compared with supply to the general public with the conclusion that the private power plant operator has many opportunities to minimise his costs which are not open to public utilities. The main features of diesel, gas turbine and steam power plant and the limitation upon their application which may be imposed by the fuels available and the local conditions at remote sites are outlined. Reference is made to the value of joint examination by the mining engineer, metallurgist and power engineer to decide how to make best overall use of capital, labour and energy in co-ordinating the design of power and process plant and in setting no more than adequate standards of reliability and efficiency. Fluctuations in world markets make it difficult to plan mining operations to a firm time base. Suggestions are made to minimise the financial risk in forward expenditure upon power plant which in large sizes due to longer construction time may have to be ordered before a final decision is taken upon the mining development it is to serve.

Jan 1, 1973

The Australian lead-zinc industry faces a future in which the world market is likely to show at best only minimal growth and in which there will be increasing competition. Its production facilities use mature technologies employing expensive labour and increasingly costly energy in a country which demands the highest standards of environmental performance. Returns on investment are already unsatisfactory.Technology for survival would appear to indicate a need not only for more efficient capital, labour and energy usage combined with improved environmental performance, but also flexibility to handle more complex materials than the traditional, virtually single metal concentrates. This offers the potential for improved overall economics from the mine onwards, but will demand efficient separation and by-product recovery processes.In the lead industry these problems are being addressed in several emerging technologies. With zinc, the situation is less clear.

Jan 1, 1985

By J M. Dwyer, S Williamson

Acceptable post-closure performance of decommissioned mining operations is a critical factor in persuading todayÆs environmentally conscious public that the mining industry will not continue to burden future generations with the legacy of environmental tragedies. Post-closure impacts must be identified and managed through robust engineering design if the post-closure environment is to be environmentally sustainable. To manage potential post-closure risks (environmental, health, safety, social and economic) within acceptable limits, WMC incorporates a risk-based approach to closure planning and engineering design. WMCÆs risk-based closure engineering design process provides a simple methodology for developing robust closure plans û the process æengineers outÆ unacceptable risks and æengineers inÆ a sustainable post-closure environment. Benefits of the risk-based process include stakeholder endorsed closure criteria for an agreed post-closure land-use, focusing of resources on major risks, and a realistic and accurate estimate of the required closure provision. The outcome is an increased likelihood of satisfying the three pillar goals of sustainable development û a financially sound solution that poses a low risk to the environment and future generations.

Jan 1, 2003

By R C. Owen, M A. Ward

The paper describes the application of New Zealand's environmental impact assessment procedures to a proposed gold and silver mine in the North Island of New Zealand. The project is described and a summary is provided of the statutory permits or consents that are required prior to operation of the project. Emphasis is given to the requirement for environmental impact assessment and the preparation of a formal environmental impact report. The company's approach to impact assessment is described, with examples of how this assessment and the identification of management alternatives influenced the engineering design of the project. This paper was prepared as a contribution to a working session of the International Association of Impact Assessment VII Annual Conference, July 1988.

Jan 1, 1988

By Morrison J

Considerable confusion is to be found in the methods of estimating mineral reserves. The solution appears to be more cooperation between industry and government to agree upon a classification system with guidelines to overcome the problem of the many variable factors affecting reserves. The classification system proposed by the United States Bureau of Mines and the United States Geological Survey (USBM/USGS) together with the guidelines similar to those suggested by the Australasian Institute of Mining and Metallurgy/Australian Mining Industry Council (AusIMM/AMIC) is recommended for reporting mineral reserves to government.

Jan 1, 1979

In 1975, following a programme of solution characterization and small scale laboratory test work, a pilot plant was constructed to treat waste liquors from the Risdon works. The plant was designed basically to neutralize liquor to a desired pH, and to flocculate, thicken and then filter the resultant pulps. The primary objective was to purify waste liquors to stand- ards set by Tasmanian environmental regulations and at the same time to provide design data for construction of a full scale treatment facility. Waste liquors were divided into two groups, those from the Zinc Plant, and those from the Acid and Superphosphate Plants, and were treated independently. To satisfactorily purify Zinc Plant waste liquors the following reaction sequence was required: 1. Neutralization to pH 10.5 (with aeration for Mn removal). 2. Further reaction of neutralized pulp with Na2S at an addition rate of typically 5 mg of S2-/litre of liquor treated to remove Cd.

Jan 1, 1977

The commonly used stainless steels, their properties and uses are briefly discussed.Two specific topics are then explored in more detai's to highlight development areas, the potential of which has been largely unexploited in mining milling, refining and smelting operations. The high strength to weight ratios achievable in austenitic stainless steels has been widely used in the transport industry to design high integrity light weight vehicles,especially railway carriages. This use has rarely been extended into other structural areas where highly aggressive environments could make stainless steel a cost effective material compared to protected carbon steels. The recently developed weldable ferritic steels are described and their potential in materials handling discussed. Particular attention is paid to 3CR12, a nominal 12% Chromium, titanium stabilised steel finding wide acceptance in the mining industry.

Jan 1, 1985

Process control computers are finding ever increasing applications within the chemi-cal and mineral processing industries.To purchase a system which fulfils both the immediate and future needs of operating, technical and management groups, requires an appreciation of the capabilities of the system software and the constraints which apply to user development of application software. Early decisions are then required as to who will develop and maintain the software. Rules and conventions must be determined and adhered to if the end result is to be an orderly, well structured and properly documented system. Software development and maintenance represents a substantial, and often hidden, cost. Getting it right the first time will avoid either a major re-work, or having to live with a system which is extremely diffi-cult (at the worst, impossible) to trouble-shoot or modify.

Jan 1, 1985

Conventionally, a combined system consist- ing of a dry or wet pulverizer and kneading mac- hine is applied to the pretreatment of fine mat- erials for agglomeration, especially for pellet- izing. However, treatment cannot be expected to be satisfactory owing to the complexities of the process. A new process was developed to over- come the defects inherent in the conventional process. This new process treats certain fine materials having a moisture content somewhat lower than that suitable for pelletizing in a ball or rod mill. The mill is of special de- sign in which grinding and strong kneading are performed to give an extremely homogeneous ball- ing material with appropriate size distribution and pelletizing characteristics. The most serious problem in this process is the choking of sticky materials in the mill. A specially designed rubber lining was installed in the mill to overcome this trouble. This paper presents actual results from our iron ore pelletizing plant relating to the pelletization of other fine materials.

Jan 1, 1974

By J Wiklund

The impact of non-ferrous smelters on their local surroundings is well monitored and guarded by various actors: the owners looking for profitability, the villagers looking for employment, the consumers asking for ever cheaper products and services, the government collecting taxes and all cherishing the environmental impact. Recent challenges facing the industry are various new doomsday projections: that we will be running out of base metals, that the ground we dwell on will be contaminated by the use of products. Smelters, such as BolidenÆs R÷nnskSr Smelter have a long history of increasing non-ferrous resources by recycling. It is shown that extraction and recycling of metals together with energy recovery can be integrated in a modern, profitable and clean smelter. Examples of efforts to further improve the business will be discussed such as flowsheet rationalisation, environmental investments, new feed from recycling and energy utilisation.

Jan 1, 2000

By McElrae AJ, McTaggart SM

The recent rapid escalation in computer use by mining companies, particularly in technical applications, can in part be traced to a growth in the availability of specialist packaged software. Such software, often developed by independent software companies provides economies of scale, end user orien- tation and breadth of scope imposed by market forces. This paper reviews the emergence of these companies and current software econo- mics before extrapolating present trends to consider the effect of future fourth gen- eration languages upon productivity.

Jan 1, 1983

A number of forecasting methods are available to mine management to help predict the most likely outcome of some particular event thus enabling management to make more cost effective decisions. Three general classes of models can be used to predict future events qualitative, structural and time series, the most effective method in most cases being time series. Time series methods can be applied to predict future events from a series of past observations. Various time series techniques are reviewed with a comparison of their relative advantages and disadvantages.

Jan 1, 1980