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An international raw material partnership, a $164 million 900,000 long ton per year aluxAna plant; an ideal location at Gladstone, Queensland, Australia - this is Queensland Alumina Limited, on stream in 1967 expanded 50 per cent by the end of 1968. Queensland Alumina Limited is the world¦s most modern alumina refining operation which is owned by an international consortium of four companies; Kaiser Aluminum & Chemical Corporation of the United States with 52 per cent; Alcan Aluminium of Canada with 20 per cent; Pechiney of France with 20 per cent; Conzinc Rio Tinto of Australia, 8 per cent. Q.A.L. operates as a co-operative -- the partners do not draw profits from the venture. Instead, each member of the consortium draws alumina in proportion to his share of the ownership. The method of disposal of this alumina is for the partner to decide.

Jan 1, 1969

By D La Rosa, D Bennett

"Exploration drill core provides for a number of standard measurements essential for determining the viability of a new mine or the extension of an existing one. Rock lithology and alteration can be visually determined and grade measured from the half core. Geotechnical parameters such as rock strength and structure can also be measured. Using suitable proxies, these metrics can then be used to estimate run-of-mine (ROM) particle size. In combination with comminution test results, these can subsequently be used to design comminution circuit configurations and estimate their performance.The Frieda River Project drill core for the large Horse-Ivaal-Trukai copper-gold porphyry deposit was unusual due to a late stage gypsum-anhydrite stockwork event that overprinted much of the deposit. Above the base of the oxidised zone, which closely matches the water table, gypsum and anhydrite has been leached out, effectively removing the glue holding the rock mass together. As a result, much of the rock above this gypsum-anhydrite surface is fragmented and gravel-like in texture, while the material below this horizon is typically uniform and competent.Large volumes of the orebody above the gypsum-anhydrite surface are expected to need minimal or no blasting for efficient excavation. In addition, the fragmented nature of much of the material was expected to reduce comminution specific energy as it already appears as though it has been crushed. While this was expected to have positive impacts to the operation, the lack of standard geological logging methods available to accurately define the degree of in situ fragmentation led to difficulty in gaining certainty over the ROM product and grinding circuit feed size distributions.Using the extensive library of core photos for the project, a novel method using image analysis techniques to take both the intact core and gravel into account to predict ROM fragmentation was developed. In addition, existing point load test data was used to infer the strength of the rock and its impact on the blasting, crushing and grinding processes. The novel approach allowed development of ROM size distribution data and improved certainty in the results of comminution circuit designs.This paper describes the methodology undertaken in detail, and discusses the results obtained.CITATION:Bennett, D and La Rosa, D, 2016. The Frieda River Project – a Novel Approach to Analysing Exploration Drill Core: How Broken is Broken?, in Proceedings The Third AusIMM International Geometallurgy Conference (GeoMet) 2016, pp 65–76 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Jun 15, 2016

For the last 4 years political leaders have found a new subject on which they can safely generalize wihout creating opposition. That sub- ject is commodity prices. Since the four-fold increase in OPEC crude oil prices, public atten- tion has focussed as never before on the subject of commodity prices. To advocate stabilizing com- modity prices is akin to supporting motherhood or peace or better schooling. Everyone gives lip service to the concept that stable commodity prices are desirable. It is easier to state the principle than to achieve it. Prices that are stable in terms of one currency may be clearly unstable in terms of a different currency. This has become a troublesome matter since 1971, when the world's leading trading currencies were set free to float in relation to each other. To illustrate: consider copper prices in the interval between the end of 1974 and the end of 1977. During those 3 years, the copper price in pounds sterling on the London Metal Exchange rose by 25 per cent. During that period, however, in terms of the USA dollar equivalent, the price was unchanged. And during that period, in terms of the German mark equivalent the price shrank by 13 per cent while the Japanese yen equivalent f.11 1k

Jan 1, 1978

By G S. C Murray

Major mining projects are developed with the assistance of lending institutions who provide hundreds of millions of dollars in funding over several years, and of course expect those funds to be returned with interest. Two Australian banks have adopted the Equator Principles, an emerging financial industry benchmark for assessing and managing environmental and social risk in project financing. Project financiers have encountered environmental and social issues that are both complex and challenging, particularly with respect to projects in the emerging markets of Asia-Pacific and elsewhere. There are many recent and historical examples of failures by resource companies to effectively manage their environmental, social, safety and security risks, some of which have caused the project to fail completely, and some of which have caused the temporary cessation of production. These events put the financial institutionsÆ funds at risk through inadequate management capacity and non-compliance adversely affecting the ability of the borrowers to repay the loans. They can also reflect adversely on the reputation of the lending institutions. In assessing these risks, lenders are increasingly looking at the track record of the borrower in its country of origin and in other countries where it operates. Lenders are wary of companies that have one standard for operations in a developed country, where the regulatory environment may tightly control what they do, and another standard for operations in countries where the regulatory regime is perhaps less stringent. Lenders may require environmental and social reviews or audits to be conducted on their behalf by competent third parties prior to a loan being approved, and annually over the life of the relationship. The mining industryÆs concept of the unwritten æsocial licence to operateÆ is highly relevant in relation to the delivery of community benefits that are sustainable post-mine closure. This paper provides examples of recent practices that support financial viability and sustainable development, as well as examples of some failures that have put lenders at risk.

Jan 1, 2007

By S Vearncombe

SpaDiSÖ is a revolutionary approach to the spatial analysis of point data using geometry to analyse geometry! SpaDiSÖ uses each and every spatial relationship and is not dependent on mathematical models. For n points there are n2 û n spatial relationships and, because of the square function, the method yields interpretable results for both small and large data sets. SpaDiSÖ is an alternative to variography for directional studies. At the regional scale, the analysis can assess distribution patterns of mineralisation and potential controlling structures. At the deposit scale, the characteristics of zones of mineralisation such as direction, spacing, high-grade ore direction and grade distribution can all be deduced.

Jan 1, 2000

By Stanton G

The Department of Mapping and Surveying (DMS), the Australian Key Centre in Land Information Studies (AKCLIS), the Department of Industry Development (DID) and the State Government Computer Centre (SGCC) are testing a regional information network in northern Queensland. Several study sites have been chosen by different groups of participants. The members of each common-interest group share their data for the site. They can also access datasets supplied by other organisations that are not directly involved in the particular study being undertaken. The participants include state government departments, local authorities, fed- eral organisations and the private sector. The participants communicate with computer systems in Brisbane via Q-Net. Q-Net is a pilot State government tele- communications network, established by the Department of Industry Development. Q-Net uses the communications sat- ellite AUSSAT 1 as the primary instrument of data transfer. The Q-Net network is a star system, with a Master Earth Station in Brisbane acting as a hub for radial earth stations, located throughout Queensland.

Jan 1, 1987

By R Schiller, E Chait

"Quebrada Blanca is a porphyry copper deposit located in the Eocene-Oligocene belt of Chilean Andes. Operation started in 1994 and original reserves for supergene mineralisation gave a life-of-mine (LOM) of 20 years; however, further exploration extended the LOM until 2020.In order to optimise the remaining five years of supergene resource, geometallurgical variables were added to the geological model including copper recovery and acid consumption. LOM plan encompasses finishing the phase number eight and the future development of phases 11 and 13.LOM lithologies include diorites, quartz monzonites, porphyries, igneous and tourmaline breccias. Main alterations are: potassic, phyllic and argillic. Litho-alterations or geometallurgical units were formed by combining five types of rocks with three types of alteration. According to statistical information, the deposit can be represented with 12 litho-alteration units, which cover 98 per cent of the LOM volume.For copper recovery information, there were 40 mini-columns tests made in order to obtain kinetics curves and copper recovery values after comparing the difference between head and tails grades. Acid consumption was obtained using an automatic neutraliser device-based test.Historical data said that copper recovery in pads after 450 days of irrigation is around 75 per cent of recoverable copper while acid consumption is around 5.5 kg/t.According to this study, lower recoveries are related with potassic-altered diorites and argillic-altered quartz monzonites with values around 60 per cent. On the other hand, best recoveries could be found in potassic-altered quartz monzonites and argillic-altered diorites with values closer to 80 per cent.It was also revealed that the most reactive rock is the potassic-altered diorite with 12 kg/t of acid consumption. This rock covers approximately 40 per cent from phases 11 and 13.The final geomet model was calculated using a program that relates each geometallurgical unit with a specific copper recovery and acid consumption value. Results found after comparing model-obtained information with historical leached pads data were used to validate the model.CITATION:Chait, E and Schiller, R, 2016. Adding Copper Recovery and Acid Consumption Variables to the Geological Model of Quebrada Blanca, in Proceedings The Third AusIMM International Geometallurgy Conference (GeoMet) 2016, pp 257–266 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Jun 15, 2016

The new law on Environmental Protection and Management (Republic of Indonesia Law 32 of 2009) was passed by the Indonesian parliament in September 2009. This law aims to protect Indonesia's rapidly degrading environment by providing tougher provisions for both polluters and law enforcers. In doing so, the law introduces a number of new constraints and potential business risks that will affect all companies in Indonesia, particularly mining companies. Some of the newly introduced concepts follow.   Mining companies will now require an environmental license, issued by the Minister of Environment or local counterparts. This license is a prerequisite for all other business and operational permits. The Minister can revoke the environmental license at any time in case of an environmental incident or dispute. Mining companies may be exposed to additional environmental taxes and bonds besides already existing reclamation and mine closure bonds.   There is an increased risk of environmental lawsuits, due to more stringent controls on one side and greater protection for NGOs on the other side who make claims, false or true, against the company. Company executives and managers can be sued and they will be held accountable if environmental degradation has indeed occurred due to the company's activities.   Companies may face increased liabilities due to a change in the definition of contamination. The new definition is more stringent (and on occasion may prove too stringent to be practical); it also provides little room for flexibility in its application.   As implementing regulations are prepared over the coming two to three years, mining companies will need to adjust to the new law. A proactive approach is needed to minimise risk. Recommended actions include: upgrading existing environmental impact assessments to a higher standard; conducting baseline studies and thoroughly documenting environmental conditions on a regular basis; closely tracking regulatory changes, especially the forthcoming implementing regulations on the new environmental law; and regularly engaging key government and community stakeholders on environmental issues.

Jun 1, 2010

By Gemmell J. B

Zinc-bearing massive sulphide deposits have been mined in Tasmania since 1900. The current major producers are Hellyer and Rosebery, with total resource tonnages (mined plus reserves) of 16 Mt (million tonnes) and 24.8 Mt respectively. These deposits belong to the class of seafloor volcanic-hosted massive sulphides (VHMS) and are located within the Mt Read Volcanics, a narrow belt of continental margin calcalkaline volcanics of Cambrian age. Compared to other Australian VHMS deposits, and world-wide MVT and Sedex deposits, the Tasmanian examples clearly stand-out due to their high metal grades, averaging over 17 per cent Pb+Zn. The deposits vary in morphology from mound style (Hellyer) to sheet style (Rosebery) with other combinations including stacked lenses (Que River) and disrupted cross-cutting bodies (Hercules). All deposits show the classic VHMS zonation from an Fe-Cu-bearing base to a Zn-Pb-Ba-rich top. Zinc, gold and silver tenor commonly increases toward the stratigraphic top of the deposits. The ores have been deformed during regional metamorphism, resulting in folding, shearing and recrystallisation of sulphide lenses. In addition to the major deposits, a number of small massive sulphide prospects occur throughout the volcanic belt and the potential for the discovery of further large, deeply buried deposits remains high.

Jan 1, 1993

By Cooke D, Large R

The Cambrian structure in the Mt Read Volcanics was produced by four deformational events: obduction of forearc-derived mafic/ultramalic complexes in the early Middle Cambrian, a middle Middle Cambrian extensional phase related to the post-collisional Mt Read volcanism and VHMS mineralisation, Middle Cambrian E-W folding, and Late Cambrian N-S folding and basin inversion. The major phase of VHMS mineralisation in western Tasmania is restricted to the very brief period of extensional tectonics within the middle Middle Cambrian. Within this period a N-S graben was produced with a complex series of transfer zones, largely striking E-W. Most VHMS mineralisation is restricted to the top of massive volcanic successions, with several mines close to Cambrian transfer structures. Many of the transfer structures continued to be active until the Devonian. The later compressional Cambrian events are not significant in localising orc formation. Within the Rosebery mine a complex pattern of minor Cambrian normal faults has a second order control on the distribution of the mineralisation.

Jan 1, 1997

By P Corbett, P Sheffield

Centennial Coal operates the Springvale longwall mining operation which extracts coal beneath the Newnes Plateau in the Western Coalfields of New South Wales. Springvale, and the neighbouring Angus Place mine, have a history of difficult geotechnical conditions where combinations of a relatively high stress regime and weak, laminated roof and extensive geological faulting has led to numerous roof failures throughout the mine’s life. Following development, the mines underground roadways can experience high levels of roof movement which may lead to roof falls. Multipoint wire extensometers are extensively used throughout the mine for roadway condition monitoring, and to reactively drive remedial strata support through trigger action response plans (TARPs).As a result of the use of high-density extensometer monitoring over a long period, the mines have an extensive archive of legacy data. Data processing has evolved over time in order to accommodate the increasing data volume, including direct data entry from the recently introduced hard-wired real-time monitoring instruments. It is likely that telemetric real-time instruments will be introduced in the future, which will cause another step change in data management requirements. This paper discusses the transition to and evolution of relational database management systems for extensometer and associated data.This paper also presents case studies of the use of a new software tool for reprocessing legacy data to enable time-scaled visualisation of monitoring data in the context of longwall and development face positions and installed strata support. The software can be used proactively in the identification of geotechnical risk factors and their interaction with the mining process to allow a more robust geotechnical hazard process. It interfaces directly with the widely used ExtoChart database software and can be presented with scale drawings of geological and geotechnical data to allow correlation of monitoring data results with risk factors.CITATION:Corbett, P and Sheffield, P, 2015. The use of high-intensity monitoring data to better characterise geotechnical properties of a non-homogeneous rock mass, in Proceedings Third International Future Mining Conference, pp 145–158 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 4, 2015

By J B. Pateiro-Fernßndez, M Fuchsschwanz, G Deissmann, S Ahmad

Quang Ninh province is the most significant coal producing region in the north of Vietnam. The Nui Beo Coal Company (NBCC) operates open pit mines in Quang Ninh province and the waste overburden produced is dumped as sidehill fill in the Chinh Bac waste dump site. In the past, no special consideration has been given to the environmental impacts during the dumping operations. The mine waste is transported in trucks from the mine site to the dumping site and the loading, hauling and dumping operations are the main sources of dust emission. Rain events, especially during the rainy season, cause the generation of contaminated surface water as well as seepage of water through the dump at a number of locations. The existence of cracks at the top of the dump can pose serious stability problems with heavy rain events leading to failure of slopes which can potentially disturb vast areas of land currently used for agricultural purposes and human settlement. For sustainable development at the Chinh Bac waste dump site in the future, apart from the social and economic considerations to be assessed, there is an absolute necessity for environmental protection measures to be in place both during and after the dumping of the mine waste overburden. Research Association Mining and Environment in Vietnam (RAME) is working to develop and implement concepts for the mitigation of environmental problems emerging from dust, contaminated water and lacking slope stability to ensure successful rehabilitation of the coal mine waste dumps in the north of Vietnam. Within the framework of RAME, the Institute of Mining Engineering I (RWTH Aachen University) is managing and working to develop the stabilisation concepts for the solid mine waste dump in collaboration with the Chair of Geotechnical Engineering (RWTH Aachen University), Brenk Systemplanung and the Vietnamese group of companies VINACOMIN (Vietnam National Coal-Mineral Industries Group). The most economical and environmentally sound operations, as well as locally adaptable environmental protection measures, are essential for the sustainable development of the dumping operations at Chinh Bac dump. This paper describes the dump site and the sustainable development possibilities with an emphasis on the environmental protection and stability problems at the Chinh Bac waste dump.

Jan 1, 2009

By D R. Seaman, B Adamson, P Sharman, M McMahon

"The Telfer processing plant commissioned its pyrite regrind and flotation circuit in August 2012. The circuit was designed to regrind pyrite concentrate to a p80 of <30µm then float a gold and copper rich concentrate before tails from the flotation circuit fed the carbon-in-leach (CIL) circuit downstream. Expected benefits were: improved CIL performance that would result from the finer grind and a reduction in cyanide soluble copper to the CIL circuit, as well as a small increase in overall flotation circuit recovery. While the benefits of a finer grind were soon realised, recovery in the post-regrind flotation circuit (named the ‘pyrite recleaner circuit’) was consistently and significantly lower than that expected based on laboratory test work. Selectivity in the pyrite recleaner circuit was virtually nil and copper reporting to the CIL circuit did not change as a result of the pyrite recleaner circuit operation.A pulp chemistry survey of the plant and comparison with the lab showed that the dissolved oxygen (DO) demand in the plant was much higher than that in the lab. Lab flotation tests conducted using nitrogen gas instead of air resulted in recoveries similar to those from the plant. It was identified that the freshly ground pyrite surfaces exiting the regrind mill were consuming oxygen in the slurry and there was insufficient oxygen available for collector adsorption and pyrite depression to occur. Test work, using a pilot regrind mill, showed that a reduction in grind size resulted in an increase in DO demand.A range of oxidising agents were tested in the laboratory and using a pilot flotation rig set-up in the plant. Oxygen was found to be the most reliable and effective agent and options for increasing oxygen delivery to the plant were explored. Scale-up from the lab oxygen requirement to the plant is difficult and efforts to implement a permanent solution for meeting the DO demand in the plant are ongoing.Citation:McMahon, M, Seaman, D R, Sharman, P, Adamson, B and Seaman, B A, 2016. Optimising the Telfer Pyrite Regrind Circuit - Effect of Dissolved Oxygen Demand, in Proceedings 13th AusIMM Mill Operators’ Conference 2016, pp 51–58 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Oct 10, 2016

By Hawkins L. V, Seedsman K

A combined reflection seismic and magnetic survey off the south coast of New South Wales has revealed six distinct reflection horizons within the Lower Triassic- Upper Permian sequence, and has enabled the upper part of the Illawarra Coal Measures to be mapped in considerable detail. Large magnetic anomalies in the eastern half of the survey area appear to originate in the Gerringong Volcanic Sequence which forms the magnetic basement in this survey. Small residual anomalies in the western half of the area can be correlated with small scale faulting and folding in the uppert part of the Illawarra Coal Measures, as revealed by the seismic reflection survey. A synclinal axis striking at approximately 55¦ has been mapped near the western margin of the survey area, and areas of faulting and folding have been outlined by com- bined analysis of seismic and magnetic results.

Jan 1, 1969

Spiral separators have been used to treat heavy mineralsands in Australia for some 35 years. During the last five years the logical extension of this technology has been torecover cassiterite from alluvial deposits. Plants incorporating spirals are already operating in Indonesian andAustralian tin mines. A more fundamental understanding of the design of spiral separators has recently led to their use in other mineral treatment plants.In particular, the treatment of alluvial gold and fine coal has been most successful. The new generation of spirals that has been developed to treat these minerals is more easily operated than other competing processes and is therefore ideal for new mine situations.

Jan 1, 1986

By P Breuer, D J. Robinson, A McFarlane, L L. Kuhar

Increasing global demand for commodity metals and capital and the greater operating costs of mining and metal production present significant challenges for the metals mining industry. Current conventional technologies may not be feasible for processing deposits of declining grade, challenging mineralogy or those that occur at increasingly greater depths. To overcome these issues, the development of a step-change technology such as in situ recovery (ISR), which reduces mining and avoids milling costs, may be vital in ensuring future economic metal production. ISR has been used extensively to treat porous soft rock deposits such as the water-soluble salts, sylvite and halite. Although ISR has typically been used for mining conventionally uneconomic uranium ores, it has also been used less frequently for the treatment of other restricted permeability hard rock deposits, such as those containing copper and gold. The reason for the limited uptake of the technology for hard rock mineralisations is primarily due to low natural rock porosity and permeability and hence poor response to available lixiviant. However, additional challenges include solution containment, management of groundwater and regulatory, ecological and societal requirements and expectations. CSIRO has focused on understanding the challenges of hard rock ISR and identifying global capabilities that can contribute to developing the essential enabling technical areas required to realise ISR. Specific focus areas include geochemistry and advanced resource characterisation; drilling and controlled rock-breaking technologies; solution chemistry and environmentally benign lixiviant systems; lixiviant delivery systems and ‘subsurface mixing’; subsurface hydrology and reactive transport mechanisms and models; downstream processing options; legal, social and environmental aspects; and techno-economic modelling. This paper will discuss ISR challenges including industry feedback focused on addressing this issue, gaps preventing ISR from being applied in practice, capabilities to overcome these gaps and the development of a collaborative approach to making hard rock ISR a reality.CITATION:Kuhar, L L, Breuer, P, Robinson, D J and McFarlane, A, 2015. Making hard rock in situ recovery a reality, in Proceedings Third International Future Mining Conference, pp 189–196 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 4, 2015

By S Wright, W Bruckard

The current status of battery collection and recycling schemes in Australia are explored in light of current developments in product stewardship and increasing pressure to decrease materials going to landfill by originating equipment manufacturers. Used consumer batteries, both single cycle and rechargeable contain a mixture of valuable metals and potentially toxic materials that may become a resource/revenue stream to offset the cost of disposal/recycling. Although the volume of batteries discarded in Australia is modest compared to other global population centres, the expected increase in battery use with increasing equipment portability and future developments in the automotive industry, provide an opportunity to recycle. The requirements for a battery recycling facility in Australia and the most promising processing platforms that may exploit the resource with enough flexibility to cope with battery developments and market trends, are explored.

Jan 1, 2006

By M Yahyaei, F Vos, J Siliezar

Site-based case studies (including data collected from industrial surveys) and their application in evaluating circuit performance, have a significant role in developing reliable process models. Such models are useful to both plant metallurgists and researchers. Appropriate process models enable the plant metallurgist to assess the impact of different operational parameters on the overall circuit performance. They also provide the researcher with a detailed understanding of process behaviour in response to changes in ore characteristics and process conditions (ie plant throughput, ore competence, ore type). Thus enabling the identification of effective operating factors, and allowing them to be ranked in order of their influence on the process response, which eventually develops into a process control tool in the hands of plant operators.The above approach has been developed and applied at the Julius Kruttschnitt Mineral Research Centre (JKMRC) separately for both comminution and flotation processes. In recent years, the JKMRC has attempted an integrated approach by developing process models that incorporate the impact of upstream processes on downstream processes. This is not possible using the traditional approach of separate comminution and flotation surveys, so conducting integrated plant surveys is crucial for success in developing integrated process models. This paper summarises industrial experience gained while conducting such an integrated plant survey at Glencore’s Ernest Henry Mining operation near Cloncurry in north Queensland. An appropriate approach should be taken to enable the alignment of different requirements from different processes during the plant survey. This, as well as the challenges faced in integrating comminution process models with flotation process models, are identified.CITATION:Yahyaei, M, Vos, F, Powell, M S, Siliezar, J and Perkins, T, 2014. Challenges in developing integrated process models based on industrial survey data, in Proceedings 12th AusIMM Mill Operators’ Conference 2014 , pp 437–446 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 1, 2014

By A S. Lund

Optimisation of the underground mining production process benefits from informed decision making during the process of explosive rock fragmentation. Selection of the most appropriate bulk explosive products for underground production blasting is an area of endeavour that offers significant economic upside if correctly and thoroughly undertaken. The explosive selection process is facilitated by a clear understanding of:the physical and detonic properties of the alternative explosive options available; the response of different rock masses to these different explosive options; and the importance of maintaining a clear focus on desirable blast outcomes in order to enhance value creation aspects of the mining production process. The level of understanding of these issues is raised through the application of measurement and modelling technology, quantifying the effects of blast design (and implementation) on process outcomes. Homestake Darlot and DynoConsult applied a range of dynamic blast measurement and outcome modelling techniques in order to explore the relationship between rock properties, explosive properties and mining process efficiencies. A campaign of vibration and explosive Velocity of Detonation (VoD) measurement produced feed data for use in vibration and fragmentation modelling during the extraction of one of the major stoping blocks at Darlot Gold Mine. The paper describes the use of these tools and discusses the understanding gained concerning the limitations and capabilities of, and the reconciliation between, a selection of analysis and modelling approaches.

Jan 1, 2001

Risk management has become an essential tool for mining companies to ensure their projects are well-managed and profit expectations are achieved. Risk management has also become a mandatory corporate governance requirement in Australia for publicly listed companies and equally important to attract investors. This paper provides a brief overview of the essential tools needed to implement a practical risk management framework to comply with the internationally recognised ISO 31000:2009 risk management-principles and guidelines from the perspective of small or soon to be producing mining companies. To?successfully?deal with the unknown and to manage the opportunities and risks involved with a mining project requires a clear understanding of the basic risk management principles. These include how to develop a project risk register, how to develop a project risk treatment plan and how to manage and monitor project risks to take full advantage of the opportunities presented.The first step is to identify and fully appreciate the risks that face a mining project. There are many risk identification methods that can be used including checklists, brainstorming and hazard and operability (HAZOP) studies. These often lead to a telephone book full of risks which are near to impossible to manage. A risk library specifically designed?for mining?projects containing no more than 100 risks will cover the major showstoppers, is practical and can be readily implemented and successfully managed.A risk framework also needs to be established which is compatible with the companyÆs structure and objectives. Once each risk has been assessed in regard to consequence and likelihood and the risk control systems are in place they need to be assigned to the responsible manager. The extreme or high risks will require a risk treatment plan to be developed. Risks will change during the life cycle of a mining project. Hence, a reliable monitoring system is also required for compliance.CITATION:Jones, J A, 2012. Mine project risk management, in Proceedings Project Evaluation 2012 , pp 117-122 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 24, 2012