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By L Barrere, J P. Sykes, A Trench, R S. Davies

Western Australia (WA), alongside Brazil, has remained at the forefront of the global seaborne traded iron ore market for over 40 years. Despite this apparent stability and strong market position, WA continues to face strong external international supply-side competition, mainly from Brazil, but also periodically from often marginal, non-traditional sources of iron ore. Additionally, WA iron ore supply has undergone significant decadal change internally, both of an evolutionary (brownfields expansion) and revolutionary nature (major new greenfields projects). Since 2006, a new generation of WA-focused iron ore explorers, developers and producers have emerged.The majors, BHP Billiton and Rio Tinto, have expanded mine production to record levels and the Roy Hill project is now approaching nameplate capacity. Fortescue Metals Group (FMG) is, however, the largest new market entrant of the last decade, delivering upon their vision of becoming the ‘new force in iron ore’. Unlike most of the other new WA market entrants, FMG’s operations are substantive. Most of the other smaller, new WA iron ore miners have struggled during the period of falling prices, though it is worth noting that collectively they have made a material supply-side impact during the price boom – typical of marginal supply. Finally there have been some contributions from new magnetite projects, however, the delivery and economics of these projects have not met expectations.In this paper, we touch briefly upon the key global market changes of the last decade, namely China-driven demand growth and the changes to the pricing mechanisms for iron ores – before reviewing the rise in WA iron ore supply in response to these markets. We finish by focusing on the most significant WA-focused supply-side development of the last decade, the rise of FMG as a major new supplier and the strategic situation that facilitated its rise. The unprecedented China-led rise in iron ore prices felled many traditional barriers to market entry into an oligopolistic industry, allowing many new market entrants (in WA and around the world). However, the downturn in iron ore prices resurrected these barriers to entry, with only FMG (thus far) breaking the entry barrier with significant scale. Difficult corporate decisions have been forced upon the smaller WA iron ore miners who, in some cases, will now struggle to further expand, or indeed continue to operate in the longer run.The changes that have taken place over the last decade of WA iron ore production hold insights for other emergent mineral commodity exports from the state. Successful market entry, even when industry barriers are high, does not always require an immediate low-cost production assumption alongside a strong balance sheet. FMG could see a new market, within an established commodity market, target an appropriate and new product at it, overcome temporarily-felled barriers to entry in infrastructure and finance, then innovate and aggressively cut costs ensuring it was behind the barriers to entry when they rose again after the price boom.CITATION:Barrere, L, Trench, A, Sykes, J P and Davies, R S, 2017. New generation Western Australian iron ore – strategic insights far beyond the Pilbara?, in Proceedings Iron Ore 2017, pp 375–386 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 24, 2017

By D N. Castendyk, J L. Mauk

The world-class Waihi (>6.6 Moz Au, >41.8 Moz Ag) and adjacent Favona (>0.5 Moz Au) deposits are within a single volcanic-hosted epithermal Au-Ag district located in the southern Coromandel Peninsula, New Zealand. Gold and silver mineralised quartz veins at both deposits are hosted in porphyritic andesite flows of the Waipupu Formation. Both deposits have veins surrounded by intense widespread hydrothermal alteration that is characterised by the assemblage of quartz, pyrite, adularia, illite or interstratified illite-smectite, plus less common chlorite and albite, which is locally overprinted by minor calcite or rare kaolinite. Quantitative mass transfer calculations using Gresen's general metasomatic equation indicate that hydrothermally altered andesite at both deposits is enriched in silicon, potassium, rubidium, barium, sulphur, gold, arsenic and antimony, whereas sodium, strontium and calcium are mostly lost. Iron and magnesium show mixed gain and loss. Element gain or loss can be directly related to the prevailing alteration mineralogy. Addition of potassium, rubidium and barium coupled with the concomitant loss of sodium, strontium and calcium in intensely altered wall rocks corresponds to the replacement of plagioclase by adularia or illite. Partial retention of sodium and calcium reflects the presence of hydrothermal albite and calcite, respectively. Mass balance calculations show distinct element gain and loss that can be related to the intensity and type of alteration mineralogy. However, because most rocks are intensely altered and the progression into less altered peripheral rocks is not observed in this study, the lateral extent of elements gain or loss is unconstrained with anomalies extending at least 200 to 300 m away from major veins.

Jan 1, 2003

The Golden Cross Mine will be the first underground gold mine in New Zealand to operate since 1952. The development plans, along with the conditions and circumstances presently found in the now ongoing mine development, will be discussed as well as a brief review of planned stoping activity and stoping results to date.

Jan 1, 1991

The problem of comparison of island arc's andesites in terms of petrochemical data is exa- mined. It is definitely established that only two main factors exist controlling the petroche- mical variety of the Kurile arc's andesites.Ori final multivariate statistical technique and computer software are used to extract these fac- tors. It is shown as well that the chemical com- position of igneous rocks depends on the type and structure of the Earth's crust. The follo- ~cing interpretation is proposed for the two factors describing petrochemistry of andesites: the first one is the depth to the Benioff seis- mofocal zone and the second one is supposed to indicate the position of the peripheral magma chambers. The basic trends of variations in the chemical composition components depending on the changes in the controlling factors are de- Tcnnined.

Jan 1, 1987

Consents Required for Overseas Persons Overseas Investment Regulations 1974 Foreign investment proposals must be reviewed by the Overseas Investment Commission to ensure that these are in accord with national interests. Consent must be obtained from the Commission for: 1. New investment proposals which include: a. An overseas person acquiring 25 per cent or more of any class of share in a company. b. A New Zealand company issuing shares to an overseas person where this will result in that person owning 25 per cent or more of the company. c. An overseas person acquiring business assets for consideration in excess of $100 000. d. An overseas person commencing business in New Zealand. 2. Borrowing in New Zealand: An overseas person must obtain consent to raise funds in excess of $300 000 in New Zealand. 3. Borrowing Overseas: New Zealand incorporated companies must obtain consent to borrow overseas. Current policy is borrowing will be approved where the loan is for a specified fixed term of one year or more.

Jan 1, 1982

Geological information is essential for a diversity of public and other purposes, including land use planning, hazard mitigation, and the exploration and sustainable use of natural resources. This is especially important in New Zealand, where the complexity of the geology is due to its position on an active plate boundary - the ultimate cause of earthquakes, mountain building, subsidence and volcanic activity. The geological setting also controls the origin and distribution of New Zealand's varied mineral and energy resources. Providing information about the origin, quality and quantity of mineral resources has long been seen as a key function of national geological organisations such as the Institute of Geological and Nuclear Sciences. Such information is essential for wise land-use decisions under the Resource Management Act. One of the major goals of the Institute is to quickly and effectively disseminate research results to interested users. The most effective and internationally accepted method of presenting geological data is by means of geological maps, which show the distribution of rock types and structural features at the surface. Most countries have ongoing gelogical mapping programmes, and in recent years the need for up-to-date, reliable information has led to a trend to accelerate basic geological mapping (eg US National Geological Mapping Act 1992; Australian National Mapping Accord 1990; Plan 2000 in the UK). Over the last 25 years, the Institute of Geological and Nuclear Sciences and its predecessors (NZ Geological Survey and DSIR Geology and Geophysics) have concentrated on detailed mapping of priority areas selected on the basis of economic and scientific interest. This has included remapping of Nelson-West Coast and Coromandel, regions with high mineral potential, for which 1:63 360 or 1:50 000 maps have been prepared.

Jan 1, 1994

Platinum-group minerals (PGM) are recorded from a number of localities along theWaiau River, western Southland, and the south coast of the South Island, New Zealand. At each locality, small amounts of PGMs were recovered as by-products of historical gold mining operations. During the period 1890-1950 an estimated 1000-2000 oz. of æplatinumÆ were recovered from the region, the only area within New Zealand where PGM have been commercially exploited. The PGM suite of southern New Zealand consists of Pt-Fe alloys, IPGE (iridium subgroup, platinum-group elements) alloys, sperrylite (PtAs2), cooperite (PtS) and braggite ((Pt,Pd)S). The composition of Pt-Fe alloy exhibits considerable variation and two compositional populations are recognised. Some Pt-Fe alloy grains are chemically zoned. Iridium is the most abundant IPGE alloy phase and often contains considerable Pt, in contrast to osmium and ruthenium alloys. Cooperite and braggite grains are characterised by extremely low concentrations of Ni.   Exsolution of osmium and iridium from Pt-Fe alloy and Pt-Fe alloy from iridium is observed Several PGM host mineral inclusions which vary from single to poly-phase, display rounded to equant outlines and range in diameter from greater than 100 ¦m to less than 5 ¦m. Olivine and Ni-sulphide inclusions are only present within IPGE alloys. Pt-Fe alloy, cooperite, braggite and sperrylite host Cu-Fe sulphides, a wide variety of PGM, clinopyroxene, amphibole, magnetite and plagioclase within inclusions. Sperrylite also hosts Pd bismuthiotellurides, gold and several potassium-rich silicate phases. Similarities in inclusion phases and mineral chemistry from several localities suggest that the PGM are derived from a single (as yet unidentified), probably calc-alkaline magmatic source. This source is situated somewhere along the margins of the western Southland sedimentary basin where PGM liberated by erosion are transported down the Waiau River and dispersed eastwards along the coast by strong longshore currents.

Jan 1, 1995

By L Forrester

The tube bundle system is an integral part of an underground coalmine’s gas monitoring system. The maintenance of these systems is vital to ensure the quality of the data produced. Integrity testing of the tube bundle lines is required monthly, as specified in Standards Australia AS/NZ 2290.3 (1990). The various forms of integrity testing are reviewed, including pressure testing and introduction of a known gas. This paper provides a recommended and standardised methodology for those techniques where none currently exists. A strengths, weaknesses, opportunities, threats (SWOT) analysis is performed. The parameters considered for the SWOT analysis include resourcing required by the mines, time for the testing to be performed, and quality of the results produced. The suitability of such integrity testing protocols to be used in a mine emergency situation is also evaluated.CITATION:Forrester, L, 2017. Tube bundle integrity testing methodologies, in Proceedings Australian Mine Vent Conference 2017, pp 129–136 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 28, 2017

Distribution of Settling Velocity of Irregular Particles and its Effect on Jig Separation Efficiency

Sep 13, 2010

By T Harding, T Riggs, D Taylor

High-grade hematite ores in the Hamersley Province of Western Australia are associated with hydrothermal magnetite-apatite and magnetite-hematite-carbonate-apatite proto ores below the modern weathering surface. In addition, hydrothermal alteration of country rocks, once believed to be absent, is now recognised widely in shales and dolerites up to several hundreds of metres away from the ores. Both observations appear to exclude a simple supergene model for ugrading the host iron formations to high-grade hematite ore. Similar hydrothermal proto ores and country rock alteration are now being recognised in other high-grade hematite deposits worldwide, or have been recognised in the past.

Jan 1, 2002

Flotation Performance Improvement by Air Recovery Optimisation on Roughers and Scavengers

Sep 13, 2010

This paper presents an analysis of the production data for the period 1861 - 1953 from hydrothermal gold-silver deposits of the Hauraki Goldfield. To directly compare the metal content of the deposits a figure of ounces of gold equivalents (oz gold equivalent) is calculated from the value of the gold-silver bullion produced from each deposit. Frequency distributions for ore tonnage and oz gold equiv. appear to be lognormal and show a high proportion of very small deposits, with 90 per cent less than 100 000 tonnes. The deposits when plotted in order of size fall roughly on a smooth curve which suggests that the size distribution is not random. A large proportion (68 per cent) of the total gold-silver extracted from the Hauraki district was contained in the largest deposit û Waihi. A technique used for predicting undiscovered mineral resources is ZipfÆs law, which relates the size of an item to its rank order. The figures for ounce gold equivalents from the major Hauraki deposits fit ZipfÆs law remarkably well. Taking Waihi at 6.8 million oz gold equivalent as the rank one deposit, Thames is number five and Karangahake number seven. A Zipf plot indicates that down to rank 100 (68 000 oz gold equivalent) only 28 per cent of the total gold-silver resource in the Hauraki Goldfield has been extracted. A further 72 per cent or 25.4 million oz gold equivalent, including the deposits of rank 2, 3, 4, 6, 8, 9 and 10, are undiscovered. However, since some deposits will be deeply buried under younger rocks and others will be under the sea only a proportion of the total resource will be discoverable.

Jan 1, 1981

By R E. Myers, G N. Phillips

Many of the worldÆs larger iron ore deposits are hosted by rock sequences of Archaean to early Proterozoic age. Most models for the genesis of these deposits are influenced, either directly or indirectly, by the nature of the atmosphere at the time of their formation, and more specifically by the presence or absence of oxygen in the early atmosphere. Since the early-1950s, the geological literature suggests that the Archaean atmosphere was æreducingÆ, and that it may not have contained significant amounts of free oxygen until ca 2 Ga. There are many different definitions of the term æreducingÆ, but the criterion adopted here is whether crustal iron was limited to Fe2+, or whether Fe3+ was also widespread, ie was there scope for redox changes in the state of iron? Significantly, major Australian banded iron formations span this period of inferred atmosphere transition, eg Mt Goldsworthy, Mt Tom Price, Middleback Ranges. Geological evidence for a reducing Archaean atmosphere is both ambiguous and controversial (see review by Phillips, Law and Myers, 2001). Many earlier ideas (eg no Archaean redbeds; all very large iron ore deposits being post-Archaean) have been disproved by dating, whereas other evidence (eg homogeneous detrital gold grains, inferred palaeosols) has not withstood geological scrutiny. The interpretation of some data sets (eg inferred detrital uraninite and pyrite in some Archaean meta-sedimentary rocks) is still controversial. In fact, some lines of evidence now suggest that oxygen was present in the atmosphere well before 2.5 Ga (eg sulfates in the Pilbara craton, carbon distribution in clastic sedimentary rocks). An oxidising Archaean atmosphere has important implications for the development of iron formations. First, the atmosphere is an obvious potential source of oxygen to stabilise ferric iron minerals. Second, reduced fluids in equilibrium with ferrous iron are commonly inferred to transport iron in solution to the depositional site. The redox state of the atmosphere thus provides critical constraints on the solution chemistry of surface waters, effective transport paths for iron and particularly on viable precipitation mechanisms. Iron formations developed from fluids in equilibrium with the atmosphere also have the potential to provide important constraints on the evolution of EarthÆs early atmosphere. If an oxygenated atmosphere is a necessary condition for the development of iron formations, then the Archaean atmosphere must have been oxidising since at least 3.5 Ga. If the redox state of the atmosphere is not a necessary condition, then the time distribution of iron formations cannot be used to provide constraints on atmospheric evolution. Given these uncertainties, models for the genesis of iron ore deposits of Archaean or early Proterozoic age should not rely on a reducing atmosphere in the absence of independent evidence and the alternative of an oxidising atmosphere should also be considered.

Jan 1, 2002

Resources and reserves are critical inputs into the determination of an operating mineÆs financial results and balance sheets, but how well understood is this fact. Do the investors, directors, accountants and geologists/engineers responsible for preparing or relying on relevant aspects of the end results properly understand the inputs and outputs and the associated risks that may be established. The first step is to understand how financial reports are impacted. The most obvious, and best known, impact is in the calculation of depreciation and amortisation charges against long term assets. In addition, however, there is a requirement to regularly determine whether asset book values are impaired û this is nearly always performed globally by the preparation of a discounted cashflow model for a mine which is usually based on a mine life as determined from the resource and reserve statement û the particular driver here is normally the short and long term production plans. A key aspect of the short term production plan is that it would normally not assume that the reserve and resource statement implies consistent grade, stripping ratios, etc. However, outside of the early years of a plan, more generic assumptions of these variables are often made in conjunction with the reserve and resource statement. Depending on the timeframe of the detailed production plans, this can have a large impact on a projectÆs net present value. Other financial balances that may also be impacted include restoration and rehabilitation provisions, retrenchment provisions and deferred or equalisation stripping accounts. The age old question of whether all reserves should be used or whether some or all of the resources should be included for financial reporting purposes has never been adequately resolved. It is our view that there should be no prescriptive answer to this question but judgement of all professionals involved in the process needs to be included. Furthermore, the company needs to be able to support their conclusions with well thought out and appropriate answers. This may not be in line with the approach that certain accounting standard setters may be proposing or taking, and this paper will outline the current status of global requirement and the likely future directions. Whether reserves or resources are utilised, does not change the key requirement that those preparing or using reserve and resource statements need to understand key aspects. For example: geologists/engineers do they know how reserves or resources will be used? have they imparted information on variability of key drivers such as grade or depth or dilution? do they know that major financial/business altering decisions may be made based on the analysis? accountants do they understand where the numbers have been derived from and the assumptions that may have been made in their determination? do they understand the degree of accuracy (or inaccuracy) that may exist particularly with resources)? do they understand the history of resource reconciliations and what it may mean for the future? directors do they understand the processes undertaken by the company to prepare the financial report and the interaction between the geologists/engineers and accountants? do they understand the potential sensitivity of results to the input variables? Financial reporting is extremely reliant on the use of the reserves and resources, however, the geologists/engineers, accountants and directors do not always understand the interactions between themselves which may lead to misleading public reporting. More education and communication between various parties is needed.

Jan 1, 2002

Whilst the fossil fuel-based power industry moves towards carbon capture and storage (CCS) or so-called 'geosequestration', the minerals industry should adapt to reap the benefits of the new technology. If CCS becomes viable, the door is open to potential key developments in mineral processing. For example, truly continuous steelmaking could at last be realised using natural or manufactured gas combined with generic melt circulation. Iron ore fines would form a thin molten layer moving countercurrent to the gaseous reductant on one side of a melt circulation loop with efficient post-combustion without deleterious effects of slag accumulation on the other. This eliminates oxygen steelmaking because carbon has no access to the circulating molten iron. Steelmaking merely requires addition of the appropriate low level of carbon and in-line impurities removal to meet product specification. Concerning non-ferrous smelting, nothing short of virtually zero gas emission will be acceptable in the future. For dolomite-hosted Zn/Pb sulfide ores, typified by those in the Carpentaria region of Northern Australia, the way forward proposed is sulfur fixation at the mine site employing the highly exothermic reaction of SO2 with dolomite, followed by encapsulation of sulfated dolomite in fused ore slag. This releases enough energy for direct ore smelting to individual metal products. However, without CCS the strategy would be unacceptable because of greenhouse gas emissions. The scheme is advocated for direct ore smelting at McArthur River. As a result, the environmental problems of disposal of flotation tailings are avoided. Also, highly energy intensive ultra-fine grinding is eliminated, as indeed froth flotation itself, with overall very significant energy savings and exceptionally high increases in metals recovery. Zinc and lead recoveries approaching 99 per cent are predicted to be entirely feasible.

Sep 13, 2010

South Africa has joined the league of other major Western World countries by officially adopting its own code for public reporting of Mineral Resources and Mineral Reserves. The recently published South African Code for Reporting of Mineral Resources and Mineral Reserves (SAMREC Code or Code) (SAIMM 2000) is presented here in its local and global context. The main aspects of the Code are listed and elaborated upon. The Code has been written with the participation of the major South African stakeholders in the field including Government institutions, the legal confraternity and the mining industry. Relevant foreign organisations, such as the Australasian Joint Ore Reserves Committee (JORC) and the United Nations contributed to its compilation, and supported it. The Code thus enjoys endorsement both locally and, to a large extent, overseas. The Code is modelled on, and is 90 per cent compliant with, the Australasian Code for Reporting of Mineral Resources and Ore Reserves (JORC Code) (AusIMM, 1999). The paper also elaborates on the duties and responsibilities of Competent Persons signing off resource and reserve reports and on the new listing requirements of the Johannesburg Securities Exchange (JSE), formerly the Johannesburg Stock Exchange, which has officially adopted the Code.

Jan 1, 2002

Study on Ball Mill Grinding of a Cassiterite-Polymetallic Sulfide Ore

Sep 13, 2010

By K Palmer

Alluvial platinum was recovered during gold mining operations in Maud Creek, a tributary of the Howard River. Average electron probe analyses give Pt 88.75, Fe 5.27, Ir 0.70, Os 1.06, Pd 0.34, Ru 0.14, Rh 1.29, Cu 1.06. Rare grains of a Pt-Fe-Cu alloy are also present and an unusual feature of all grains is the relatively high rhodium content which finds expression in segregations of rhodium arsenide, cherepanovite. Platinum is found in the Orepuki area of Southland, where it is probably partly derived from the mafic rocks of the Longwood Complex. Rocks of the Rotoroa Complex, similar to those of the Longwood Complex, form bedrock in Maud Creek and are possibly the source of the Howard platinum. Alternatively, it might be derived by glacial transport from the Matakitaki ultramafic block 30 km to the southwest. Origin from the Rotoroa rocks is preferred as, if the Matakitaki rocks are part of the Dun Mountain Ophiolites, they might be expected to contain osmiridium rather than platinum. The ratio Pt:Ir-Os has been widely used to distinguish low Pt:Ir-Os ophiolitic from high Pt:Ir-Os gabbroic assemblages. Mafic complexes such as Longwoods, Darran, Rotoroa, and Riwaka might be expected to show similar high Pt:Ir-Os ratios and be targets for platinum exploration. Detrital platinum examined from the Parapara area, Golden Bay is mainly osmiridium, with rare grains of rutheniridosmine, very similar in composition to that found in concentrates from the Kaniere dredge, West Coast.

Jan 1, 1987

Bubble Load Measurements in Flotation - A Critical Review of Current Practice

Sep 13, 2010

Population growth, social inequality, pollution, global warming, poverty, overexploitation of natural resources and biodiversity loss, are a few examples of the many challenges facing the world today. Sustainable development is about meeting these challenges and improving the standard of living for the benefit of the maximum number of people. These issues concern governments, communities, environmental and social action groups and individuals all over the world. Business too, has a fundamental role to play in delivering sustainable development. In particular, sustainable development is becoming increasingly recognised as a critical issue for the oil and gas industry to address and act upon. BP is committed to positively respond to the challenges posed by the objective of sustainable development.

Jan 1, 2002