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There is no good news! The market environment for raising capital for resource projects is getting tougher. The regulatory and accounting environment is fast becoming more difficult and the hurdles to successfully raising debt, lease, equity or hybrid finance are now considerably higher. As ever, well structured companies and capital issues can and will survive, if not thrive. An outline of the market and regulatory environment for successful issues is set out below, followed by some comparison of stockmarket values of resource assets compared to more technical appraisals.

Jan 1, 1990

In recent years, wide consideration has had to be given to methods of improving the condition of the mine environment in many coal mines, and significant developments and changes have evolved. Thus even after substantial increases inòair flow rates at the working place (they have increased over three fold in the last generation), environmental conditions have arisen for which it has been necessary to introduce or consider: i) additional ameliorative measures, such as good housekeeping; ii) layout changes: such as Y or Z layouts; iii) homotropal ventilation; and iv) air conditioning. In certain countries, consideration has been given also to: v) additional payments reduced working times; vi) heat acclimatisation programmes; and vii) the use of cold or cooling suits At many hot and humid mines, the principal benefits from adopting (i), (ii) and (iii) have already been realised. At such mines,

Jan 1, 1983

By Fulton E, Ring RJ, Waters DJ

The Nabarlek uranium treatment plant of Queensland Mines Limited (QML) is currently treating 600,000 tonnes of ore which was mined and stockpiled in a single four month period prior to commissioning of the plant. During the mining phase, material from the open pit was sorted into ore,'below ore grade uranium material (bogum) and waste using a truck discriminator (radiometric analyser) developed by Australian Mineral Development Laboratories (AMDEL). Ore was stockpiled in a single heap with the location and grade of each truck load being recorded. Bogum and waste were stored separately. From the information recorded, both computer and physical models of the stockpile were constructed. These models are currently used in the planning of day to day reclamation of ore from the stockpile.

Jan 1, 1984

Thermo Fisher Scientific is a supplier of samplers, instruments, analysers and consumables to the mining industry under the Thermo Scientific brand. The critical need to provide a representative sample to the analyser has played a pivotal role in product development. Products discussed are the Analysis and Sampling Station (AnStat) for mineral slurries, the Coal Quality Manager (CQM) and the prototype Bore Hole Analyser (BHX) with optional drill chip recovery system. Analytical techniques used in the above products are XRF, PGNAA and LIBS respectively. The company also designs and supplies conventional mechanical sampling equipment and complete sampling systems for bulk material applications (historical Ramsey brand). These products and application of them are presented.

Jan 1, 2008

This work provides a comparison between the most commonly used classification equipment in the treatment of minerals - hydrocyclones and spiral classifiers - considering their applications and costs. Although in use for decades in the mining industry, spiral classifiers have lost a lot of their importance due to the development of cyclones. This trend, however, is now being reversed, and in the last few years there has been an increasing interest in spiral classifiers, in view of their advantages over cyclones, such as: ò possibility of obtaining more thickened solids; ò less by-pass; ò great durability; ò lower operating cost. This work approaches the different aspects related to the installation, operation and costs of maintenance of these machines, giving a critical comparison of the involved costs.

Jan 1, 1993

A new two-metre column self-heating test procedure has been developed at the University of Queensland, which clearly shows the hot spot development phases that take place in bulk coal self-heating. The column results provide a more reliable indication of the self-heating propensity of coal than small-scale index tests. At the same time, off-gas evolution patterns associated with hot spot development are obtained, including the recognition of hydrogen evolution from oxidation at temperatures less than 80¦C. Subtle differences in off-gas evolution from self-heating between gassy and gas-drained coal are also apparent. This new approach to coal self-heating assessment offers an opportunity to further the understanding of the complexities of spontaneous combustion and will enable more accurate risk assessment for the coal industry.

Jan 1, 2005

By M Roche, W J. Huxley

Finding a balance between practical and acceptable groundwater management, and providing for the needs and impacts of mining developments remains a challenge. The changes that accompanied the recent implementation of water reforms have provided greater flexibility for the water manager and greater certainty for the resource user. However uncertainty associated with understanding of complex aquifer systems, balanced against providing for the needs of mining developments, the rights of existing water resource users and expectations of the broader community have not diminished the conflicting issues faced by water resource managers and resource developers. Licensing under the Water Act 2000 provides the regulatory link with the taking of water for water supply purposes or as a consequence of the mining activity. This paper outlines key elements of sustainable water resource management involving certainty of access to water and adaptive environmental management that are delivered through conditioning the water licences issued for the particular mining development. Implementation of this approach is illustrated through a case study involving the BHP Billiton Cannington Mine in North West Queensland.

Jan 1, 2003

By Moorrees C, Koh P. T L, Tsambourakis G

Examination of Ihe calcination and carbonic acid leaching behaviour of a number of Australian magnesites shows that there are substantial differences between the massively crystalline and the cryptocrystalline forms of magnesites. Crude magnesias formed by calcination of the massive variety of magnesite have considerably smaller surface area and show lower rates of reaction with carbonic acid when compared With those derived from cryptocrystalline magnesites. In order lO producc a rcactivc magncsia from massive magnesite, the calcination conditions must be carefully controlled over a narrow temperature range (eg 680-720°C). For the cryptocrystalline calcines, the temperature of formation has little effect on reactivity.The results confirm the general applicability of the calcination/carbonic acid leach process for producing magnesia from magnesitc. If a mixed crystalline/cryplocrystalline feed is to be processed, then processing conditions must be optimized in terms of the behaviour of the crystalline component of the feed.

Jan 1, 1985

The authors are looking at the behaviour of the mineral processing circuits by means of the simulators operating under random disturbance. The present paper deals with the fuzzy control systems in comparison with PID controllers. A series of tests are conducted on simplified prototype processes with (1) dead time plus first-order lag model and (2) diffusive model. In the next series of tests the self-sustained process model was introduced to improve control against dead time. In both cases fuzzy and PID controllers are optimised by EVOP method. Particular attention is paid to the effect of observation noise to analyse for the problems which can be fatal to practical applications in mineral processing. Finally the methods developed are applied to a closed-circuit wet grinding system simulator operating under random disturbance.

Jan 1, 1993

The processes most likely to be adopted for beneficiating ores or concentrator streams containing a large proportion of particles finer than 10 um are froth flotation, selective flocculation, wet magnetic separation and selective leaching. Flotation will be made more efficient for very fine particles if ways can be found to selectively flocculate the valuable mineral beforehand (floc-flotation), to produce smaller bubbles and to reduce entrainment of ultrafine gangue. Schemes for selective flocculation have proved difficult to implement because of the delicate balance between surface forces (electrostatic, dispersion, hydrophobic) and hydrodynamic forces, that determines flocculation, and the changes which occur to particle surfaces through hydrolysis, oxidation-reduction and cross-contamination between minerals in aqueous suspensions. The search for a better understanding of selective adsorption of flotation collectors and flocculants continues and will be particularly important for the practical success of selective flocculation and selective magnetic coating.

Jan 1, 1986

Immigration has influenced Australia's development more than any other factor. As well as being critical to our economic growth and development, it has made a major contrib- ution to our population growth, to the richness and diversity of our society and to our inter- national relations. Migration from the United Kingdom has been the mainstay of our settler intake for many years, but its relative importance has declined in recent decades. Non-British European migration formed an important part of our post-war intake and, in the past few years, migration from Asia has reached significant levels - particularly through our resettlement of Indo-Chinese refugees. In planning our future immigration, it is important to look beyond short term direct economic consequences. Australia has looked to its resources for progress, but Japan, Korea, Taiwan and Singapore have achieved dramatic economic progress without resources, based on the will and dynamism of their societies. Immigration can contribute greatly to the development of a dynamic, outward looking Australian society able to make the most of our great resource potential.

Jan 1, 1982

Although technology and circumstances are in a constant state of change, the principles of managing the human element remain constant. The isolated mining community continues to form the backbone of the minerals industry but the nature of the isolation, along with the economic and political environment of the industry, is changing. These changes require new inputs by management to the workforce. Management must determine an effective working relationship with unions on its mine site and concurrently contribute to the build- up of the expertise of the individual worker through training and communication. It must also retain a proper balance, by way of human contribution, in cost and information reporting and in other areas amenable to computerisation. These comprise the aids to management necessary to achieve the desired operating efficiency and profitability.

Jan 1, 1980

On the basis of the data known on formation, characteristics and stability of solute heavy non-ferrous metals under different temperature and pressure conditions and different concentrations of substances dissolved it is found to be possible to obtain a condition of mineral formation resulting in selective production of free-floating minerals. This process of forced mineral formation has been taken as a basis of new methods of refractory copper raw materials concentration, complex processing of lead dust from copper smelting plants, lead flotation tailings final concentration and of those of polymetallic ores concentration. This list of effective utilisation of the process is not exhaustive (Bekturganov Abishev and Shkodin, 1987; Bekturganov and Sim, 1987; Bekturganov, 1988; Abishev and Bekturganov, 1989; Bekturganov, 1989a). To understand the character of the sulphurising thermodynamic and kinetic examination have been done. Analysis of conditions of the newly formed mineral associations formation and stability facilitates the elaboration of methods of improvement of results of the valuable components selective separation.

Jan 1, 1993

By Stubbs B

In conjunction with Charles Copeman, we have arranged the presentation of a paper by Charles with a support paper by myself presenting alternatives to currentaccepted legal concepts involving the ownership of minerals by the Crown and the absence of ownership in any minerals or entitlement to benefit therefrom by the owner of the land on or under which the minerals occur.2. The current situation has its historical route in the concept of gold and silver being royal metals and belonging wherever situated in the Kingdom to the King and it is submitted it can be'seen as being archaic in nature perhaps even feudal and perhaps worthy in this day and age of reconsideration.Our purpose in these papers is to present an alternative view supported by argument challenging the present system and hopefully, creating room for comment and interchange amongst those involved in the industry. My solutions are not Charles Copeman's solutions and vice-versa. However, we do share a common belief that the present system may not be the best system.

Jan 1, 1990

Exploration of a coal deposit provides the data on which a range of mine plans can be developed during project feasibility. The stages of exploration use methods and procedures which initially outline the deposit with more detailed data gathering and analysis of the specific site complexities. The in situ coal resource and reserves are calculated. The mine plan is a function of the mining method chosen and can have significant impact on the recoverable reserves. Other factors which can impact on the recovery of the reserves and the ability to maintain planned production levels are those which were either undetected during exploration or were misinterpreted. Exploration programs should be detailed enough to minimise to an acceptable standard the recognised and potential risks. Past programs which explored to achieve a minimum exploration density required to satisfy measured reserve status have generally proven to be inadequate, placing reserves and production at risk.

Jan 1, 1997

By Lindbeck K

The mining industry in Western Australia is a large sector of the WA economy providing $12 billion (1993) of the export income for the State. Historically, mining in WA developed from traditional prospecting in the late-1880s leading to major underground operations by the turn of the century. Large open pits were developed in WA following World War II and became increasingly common since the gold boom of the 1980s. With the development of the open pits has been concomitant evolution of mining legislation, principally the Mining Acts of 1904 and 1978, which has been also accompanied by a practical evolution of the administrative system within the Department of Minerals and Energy. The mining industry has recognised the need for sound environmental management at mine sites, taking up the challenge and becoming a world leader in rehabilitation techniques. Any environmental management program in the industry has three stages: approval by government; management by the industry; and return to the State in an environmentally acceptable condition. The WA environmental requirements, procedures and industry performance in these three stages are discussed.

Jan 1, 1994

By Sorokin AP

The main regularities of the tectonic history of the Circumpacific belt's Asian segment are discussed. The established longitudinal metallogenic zoning is characterized by essential copper specialization being replaced in the.continentward direction by tin-tungsten and then by copper-gold-molybdenum and-tin-lead- zinc ones. The zones indicated show specific magmatism and ore forming fluid composition. The eastern margin of Eurasia experienced specific tectonic history and exhibits a wide variety of mineral deposits. It is composed of the Siberian and Sino-Korean cratons and of the largest mobile elements of tectonosphere like the Hyperborean, Urals-Mongolian, Mediterranean and Circumpacific belts. The Earth's Atlantic segment mobile features show deep penetration of their geosyncline-fold systems into the eastern margin of Asia. A good example is the Urals-Mongolian belt, its Intra-Asian branch being located within the continental margin. The Intra-Asian structural features have WE and NE trending, while folding process moved southward : Karelides and Baikalides are found in the Transbaikalia and the Soviet Far East (Stanovoy, Bodaibo-Patom, Baikal- Vitim, Selenga-Yablonovy fold regions)

Jan 1, 1987

Increasingly, mineral operations need to manage water as a key business asset. Managing water solely as an environmental issue leaves a business exposed to social, cultural and economic risks associated with water. Adopting a company-wide strategic approach, which takes account of the true value of water will provide businesses with opportunities and risk protection. Rio Tinto has recognised the business imperative for water stewardship and has responded by producing the Rio Tinto Water Strategy. This strategy commits the company to managing water assets in a responsible manner, taking account of environmental, social and economic values. To incorporate the true value of water in site decision making, a new set of tools is required at the operational level. A key part of the strategy focuses on developing a framework to value water based on case study examples from around the Group. This paper presents progress on the companyÆs experiences in developing and implementing the water strategy.

Jan 1, 2006

By Onal G, Celik MS, Dogan MZ

Chromite tailings assaying 21.2 per cent Cr2O3 was upgraded to 48.7 per cent Cr2O3 at a recovery of 72.0 per cent using column flotation with a mixture of anionic collectors at pH 11. Electrokinetic methods were used to elucidate the mechanism of collector adsorption and correlate the findings with the optimum flotation conditions. Multivalent constituent ions such as Cr3+, A13+, Fe2+ and Mg2+ were found to adsorb on chromite surface and shift the zpc of chromite in the direction of oxide form of the mineral. The anionic collectors also imparted a negative charge to chromite in the entire pH region. The higher zeta potentials obtained upon adding the anionic collectors is ascribed to the adsorption of anionic surfactant onto the positively charged chromite surface. The positive sites are generated through formation of significant amount of hydroxy complexes of magnesium at pH 11. Complementary infrared data reveal the absence of a shift in the spectra indicating the possibility of physical adsorption in the system.

Jan 1, 1993

By Adam R. A

Techniques for the optimisation of open pit design and development are now accepted as standard practice in the mining industry. These techniques are used to analyse the impacts on project profitability of factors such as product price, slope design criteria and equipment selection. A fundamental assumption used in this type of analysis is that dump and stockpile designs and sequencing are predetermined. The cost of haulage for a typical truck shovel mining operation is in the range of 25 - 50 per cent of mine operating costs. Substantial cost savings can be achieved by optimisation of dump design and location of associated road and ramp systems.Factors which affect both the operation and total cost of dumping include; Ramp gradients and location, road design, dump placement and shape, dumping height, slope design (interim and final), slope stability, environmental requirements and equipment selection. This paper discusses these factors and their effects on the total mining operation and project value. Reference is made to case studies in which some of these factors have had a significant impact.

Jan 1, 1992