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The term "joint venture" lacks any precise legal definition but is typically used to denote a form of legal relationship which is neither a partnership nor a corporation. Nbst joint ventures are contractual relationships which provide for the sharing of mining leases and production facilities and for the sharing of costs, but which enable each joint venturer to carry on his own separate business. The rationale for such relationships is that each participant: retains independent taxation status may independently grant direct security over his interest in the project assets for financing purposes Bankers prefer to lend to incorporated joint ventures (i.e. corporations in which all of the joint venturers are shareholders) but will lend to individual joint venturers provided the joint venture agreement does not imperil their security; i.e. provided there is a "bankable" joint venture. The carpeting objectives of joint venturers and their bankers may be reconciled and unnecessary conflict avoided by the timely inclusion of appropriate provisions in the joint venture agreement before financing negotiations commence.

Jan 1, 1983

By M Noppe, I Glacken

There are many critical nodes along the mine value chain, from orebody to mineral product, and inter-disciplinary input is required to analyse the variability and uncertainty at each node in order to identify and mitigate areas of risk. Mining differs from many other industries in that the variability in the product is dictated largely by the inherent nature of the input material (the orebody). The true characteristics, including the variability of the orebody, are never known exactly and are instead based on estimates derived from sample data. A further difference is that bottom-line gains are largely controlled by world commodity prices, which can vary with time, rather than by local supply and demand issues. Methods for identifying, reporting and responding to this inherently variable raw material are discussed. These include analytical and reporting methods, equipment and software, risk analysis and reality checks (eg reconciliation). Sampling results, mineral resource and ore reserve estimates and economic assumptions are a function of the variability of the orebody. Risk quantification should be expressed as a level of confidence, which takes into account the scale or period over which the risk is being assessed (life-of-mine, annual or shorter production periods) and should convey the likelihood, severity and consequence of occurrence of a given event. The future generation of mining specialists needs to understand the entire mine value chain to better manage risks and maximise mine dollar-value.

Jan 1, 2002

Geological models for the exploration and evaluation of epithermal Au and porphyry Cu-Au deposits rely upon a classification of different deposit styles and an understanding of the evolutionary processes of deposit formation. These models guide the interpretation of subsurface deposit anatomy in order to target drill testing and assist the explorationist to focus on the more prospective projects. It is important for the explorationist to distinguish between different styles of magmatic arc Au deposits as each style displays distinctive characteristics with exploration implications. Magmatic arc Au deposits are distinguished as porphyry Cu-Au formed at depths of 1 - 2 km at the apophysis to larger, buried, magmatic sources which are also the ultimate metal sources for the varying styles of shallower level epithermal Au deposits. Low sulfidation epithermal Au deposits characteristically develop from dilute circulating meteoric waters and are distinguished as the group with a closer relationship to intrusive source rocks, and slightly higher sulfide contents (still generally

Jan 1, 2004

The word "mine" means different things to different people. To a professional in the mining industry, it may mean trucks and shovels, overburden dumps, headframes, mill buildings, and the other conventional nuts and bolts that constitute an operating mine. To an environmental- ist it may mean bulldozed trees and tailings dams. To a mining engineer who has spent a significant proportion of his career in mine and prospect evaluation, it can mean a hole in the ground with a liar at the top. The liar in this case is frequently not so through design but through ignorance. The purpose of this paper is to contribute in a small way to en- lightening that ignorance. In doing so, it will foster more effective deployment of the pool of risk capital available to the industry.

Jan 1, 1982

There are a number a stages in a project at which an audit must, or should, be undertaken. An independent audit may be necessary for the comfort of directors and/or financiers before the major finance is committed, but an internal pre-development audit is the opportunity for the management team to take stock of the project and reaffirm their confidence and commitment. Maxims for project success are given and a check list for pre-development audits is presented. The need of mid-development audits may arise and their brief will depend on the circumstances arising. A game theory approach to decision-making is demonstrated in which the alternative of fast-tracking a development is considered. At the conclusion of the project, before the team is disbanded, a post-development audit should be made. Valuable learning can come from this process which could give important guidelines for future projects and a check list is presented.

Jan 1, 1997

In conjunction with a study on wear of drag bits the effect of clearance angle on penetration rate was studied.Increases in clearance angle from 24 1/2 up to 30° gave an increase in penetration rate. Thereafter the rate was apparently affected by partial clogging with cuttings.Analysis of results was by a linear regression model and the t-test was applied to assess the significance of parameters in the penetration equation.

Jan 1, 1969

This paper will examine some of the significant developments in the training field in Australia in the past decade and the application of these changes to the mining industry generally, and the coal sector specifically. Three major aspects will be examined:1. Competency - the use of Industry Competency Standards and how these can be used for achieving enterprise performance requirements2. Assessment - making judgements about an individual's competence, and using a rigorous assessment system as the basis for the "authorisation" system at a mine3. Evaluation - ways to evaluate the return on investment in training, and convincing CEO's/shareholders that your training dollar is being spent wisely.Before examining these issues, it is important to understand the drivers of change in the training systems in Australia, and the functions that Industry Training Advisory Bodies (ITABs) perform.

Jan 1, 1998

By M Devia, J Rapkoch

This paper is intended to help design engineers, operating staff and plant managers understand the principles of metallurgical gas handling systems design. It also explains operating, safety and energy savings issues that the designer should take into consideration in the design of process off-gas systems for sulfide smelters. Primary smelting reactors, converters, and other off-gas sources impose challenging duty requirements on the various components of the gas handling systems. This paper reviews the design of common system components including the hood for gas capture at the system inlet, gas conditioning, gas cleaning, ductwork, dampers, hot gas fans, and the appropriate use of instrumentation and controls. The engineer must also be aware of how ductwork system effects and heat losses influence system performance. Also, the analysis of a recently-designed gas handling system will be reviewed, which includes high-strength SO2 gas from a smelting reactor, asymmetrically located Peirce-Smith converters, and a gas mixing chamber to mix the gases before they are sent to two acid plants of different sizes.

Jan 1, 2005

By Graham M

Longwall mining has been the dominant global coal mining method for decades. However, not until 1994 did longwall mining surpass continuous miner room and pillar extraction tonnage in the United States. This significant event, occurring in the most cost driven market in the world, confirms the efficiency and effectiveness of longwall mining.

Jan 1, 1998

One of the often overlooked factors affecting the capital investment decision in new or existing plants is the value of stock holdings necessary to maintain the plant. This paper puts forward a simple decision matrix on whether a part should be stocked depending on 1. the criticality of the item of equipment in terms of the effect on cash flow of its failure, 2. the lead time of the part, and 3. the stock holding value if it were Stocked.

Jan 1, 1986

Synthetic hollow microspheres have demonstrated reliable sensitization and detonation characteristics in industrial explosives for almost two decades. During that time, water gel formulations and use conditions have changed. The introduction of emulsion explosives has also dictated technical improvements in microsphere sensitizers. In contrast to microspheres, gassing or other sensitizing techniques often cannot satisfy the manufacturing and blasting characteristics required of today's explosives. This paper discusses the sensitizing properties of microspheres, formulating guidelines and quality considerations. Packaging, sampling, transfer, metering, mixing and pumping information is also provided.

Jan 1, 1990

In Australia a social impact assessment (SIA) is generally required prior to the approval of a mineral resource extraction or processing projects as a part of the Environmental Impact Assessment (EIA) process. In recent years there has been increased attention on the adequacy of the SIA process applied in major project assessment. Most applications have focused on the impact identification process with little attempt given to the community negotiating power over how impacts will be addressed. The impact assessment tends to occur at a single point in time, with no subsequent re-evaluation or ongoing social impact management and monitoring process. The assessments rarely specify how responsibilities for impacts on communities may be apportioned between project proponents and government, and have been inadequate in dealing with cumulative project impacts. In Queensland, concern about these shortfalls have led to the release of the Sustainable Resource Communities Policy 2008 and requirements for social impact management plans (SIMP) to be developed for each resource development in the State. In this paper a 'pressure-state-response' approach to impact assessment is used to develop an 'impact-response-monitoring-evaluation' (IRME) framework that can be applied to ongoing evaluation and monitoring of social impacts. The framework is applied to coal resource developments in the northern Bowen Basin in Queensland to identify core requirements in a SIMP. The IRME framework is flexible enough to be implemented at various spatial and time scales, for the wellbeing of the local and regional mining and non-mining communities in Australia. The framework can be further examined in other mine developments and could be integrated with the existing mining or environmental protection acts.

Jun 1, 2010

Petroleum exploration in the Australian arid zone has been proceeding at an ever-increasing pace, subject to financial fluctuations, since the 1960's. The impacts of petroleum exploration in the arid zone are less than they would be for corresponding operations in. e.g. a forest area: in this context, Australia is fortunate in that its major petroleum producing (and prospective) , basins are offshore or in the arid zone. In addition. the other major sources of impact in the Austrlian arid zone, namely pastoralism, tourism, and rabbits, tend to be concentrated around areas of particular conservation significance, whereas petroleum exploration is not. Despite this, the cumulative impacts of exploration are sufficient to have caused concern to government regulatory authorities and some sectors of the general public. Exploration is now subject to a range of environmental constraints with various degrees of legal enforceability. To enable exploration to continue without public opposition, the industry, and government agencies charged with regulating or supervising it, must demonstrate that the net benefits of exploration exceed net costs, including environmental costs. One particularly simple and cost-effective technique for increasing the net benefit/cost ratio of exploration is to reduce the net environmental costs by minimising and mitigating the impacts, both primary and secondary, of seismic acqisition. This is best achieved by a combination of preventive and restorative techniques: careful line positioning and low-impact (or zero) line clearance, coupled with simple rehabilitation of bladed lines. Line clearance without bulldozer blading - e.g. by rolling or simply pegging and trafficking, perhaps with tracked rather than rubber-tyred vibroseis - is one promising approach currently coming into use. Rehabilitation by grading soil banks ("windrows") back on to bladed tracks, though not yet in widespread use, has proved very successful in the limited areas where it has been applied to date.

Jan 1, 1987

By Y A. Stepanyants, J Crawford

A practical field method for determining the maximum value of the intrinsic oxidation rate, Smax , of sulfidic materials in waste rock dumps is proposed. Knowledge of the intrinsic oxidation rate of sulfidic materials distributed in a dump is necessary for predictive modelling of oxidation and pollutant generation over time. The suggested method uses the fact that drilling waste rock dumps to install probes for monitoring temperature and oxygen concentration causes large volumes of air to be injected into a dump by the drill rig. By measuring the rate of decrease of oxygen concentration along the length of a borehole immediately after installation, it is proposed that Smax can be calculated at different depths. The aims of this work were: to derive a simple, practical formula for the estimation of Smax from the oxygen concentrations measured over time, based on some simplifying assumptions; to use a two-dimensional numerical model that incorporates all the necessary physical processes to model the behaviour of an aerated dump over time for a reasonable range of dump and material parameters; and to compare the results of the two approaches to assess the validity of the simple formula as a method for estimating Smax. It has been found that the technique can provide reliable estimates of Smax when the value is of the order of 10-7 kg(O2) m-3 s-1 or greater. At the lower end of the range however the radius of the zone aerated during drilling becomes an important parameter and further work has been recommended to investigate this aspect of the method.

Jan 1, 2003

By S Choy

Aquatic macroinvertebrates have been used as a monitoring tool for many years. They are ubiquitous and occupy a central role in the ecology of rivers. They are a key link in the aquatic food chain, forming a pathway between primary producers (such as algae and macrophytes) and predators (such as fish, platypus and birds), and some are sensitive to flow conditions, water quality and habitat condition. They are not very mobile and are good indicators of local impacts. As most aquatic macroinvertebrates are benthic, they are better able to integrate effects of changes in water quality, and habitat condition and structure. Their diversity is crucial to the maintenance of a balanced, functioning and healthy river ecosystem. Thus, data on benthic macroinvertebrate community structures can be used for predicting potential impact, assessing the extent of damage and for gauging recovery from damage. Over the past eight years, State agencies throughout Australia, through the National River Health Program have developed models (AusRivAS) to assess river health using macroinvertebrate communities. The Queensland Department of Natural Resources and Mines has sampled both macroinvertebrates and water quality throughout Queensland, including areas affected by mine discharges. This paper will assess results obtained from sampling in the Mt Morgan area to illustrate the usefulness of this method of river health assessment.

Jan 1, 2003

By Braes J. R, Neale J. R

The New Broken Hill Consolidated Limited (NBHC) mine currently produces 1.42 million tonnes of silver, lead and zinc ore annually. All of this ore is treated by the NBHC milling ccx[plex. This paper describes the crushing, grinding, flotation and filtration circuits used in the treatment of this ore and lists the major items of equignent used in these circuits. Metallurgical results, manning levels and consumption rates of reagents and grinding media are shown.

Jan 1, 1983

By Guoqing Cao, Xinghong Wang, Fuqiang Liu, Rong Shen, Xiaoping Yuan

In this paper, an approach is proposed to monitor the rate of lump coal based on image processing. Using this method, we effectively improve rate of lump coal on comprehensive mechanised coal face.

Jan 1, 1998

By V F. Kucherov, V A, V M. Kirienko

In the paper the problems of elaboration and building up the computer engineering system æSafety and stability of underground buildingsÆ as subsystems of the common automated computer system of geomechanical monitoring for deposits of mineral resources are considered. The theoretical bases and techniques of calculation of underground buildings stability are considered. The example of elaboration of such system for a Starobin deposit of potash salts (Belarus) is considered.

Jan 1, 2003

A number of small copper deposits occur in the Pernatty Lagoon-Mt. Gunson area. Textural and mineralogical differences distinguished the lagoon sulphide deposits, which occur in a water filled basin of permeable bedrock immediately under the lagoon floor, from the largely oxidized deposits which occur in the low hills adjacent to the lagoon deposits.Groundwaters are carrying copper, and to a lesser extent zinc, downstream to the lagoon. Several species of sulphate-reducing bacteria are widespread in the groundwaters and lagoon muds.It is suggested that copper sulphides were first deposited at the same time as, or soon after, the host Proterozoic sediments, and that during the present cycle of erosion the lagoon deposits may have been enriched, or largely formed, by bacterial precipitation of copper sulphides from laterally migrating cupriferous groundwaters.

Jan 1, 1971

Historic mining across the Bendigo goldfield reached an average mining depth of 750 m over an area of about 16 km by 4 km, with two shafts exceeding 1400 m. Mining ceased in the mid 1900s due in part to increased dewatering and ventilation demands. Water extraction technology of the day, combined with multiple mine ownership, did not allow uninterrupted and thus economic mining activity to prosper. Today Bendigo Mining Limited (BML) is targeting gold-bearing reefs beneath the water-filled historic mine workings. To ensure mining activity can proceed without the risk of water inrush, historic workings are being dewatered by submersible pumps in historic shafts and through a series of underground drain holes intersecting old workings. Due to the high heads involved, individual drain hole development requires rigorous safety control implementation and assessment prior to drilling. Water extracted via drain holes is pumped to the surface through a series of pipe lines and rising mains in conjunction with two staged pumping stations. Both stations are equipped with high-speed centrifugal pumps, each capable of pumping 40 L/s at a static head of approximately 300 m. BML, which operates beneath and within a large city, is confronted with unusual environmental and social challenges compared to many within the mining industry. The raw mine water, which contains elevated salt levels, is piped through residential areas and must comply with strict controls to prevent impacts on the surrounding environment. The final delivery point is BMLÆs water treatment plant at the north end of the city. The water treatment plant utilises chemical pretreatment and reverse osmosis. It is able to process 7 ML of mine water per day at full production. The product is approximately 5 ML of reusable irrigation quality water, which is made available to the Bendigo community for public gardens, sporting facilities and rural irrigation. The 2 ML of brine is directed to a purpose-built evaporation pond facility located 7 km north of the water treatment facility.

Jan 1, 2008