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The global recession of the 1980s drove commodity prices down and intensified cost competition. The 1990s saw a restructuring of the mining industry with the survivors adopting new technology, significantly increasing workplace productivity and reducing capital and operating costs. Major changes in mining industry business strategies evolved in the late-1980s including the development of miner - supplier - manufacturer - partnerships, cultural changes in work practices and common goals between the partners to reduce the cost of production. These industry trends are putting new demands on mining machine manufacturers and dealers both on the `hard' side of the machine business, such as research and product development programs, and on the `soft' side in terms of business processes, use of human resources and communication. The paper describes several mining industry trends as identified by a large supplier to the industry, and discusses the impact they are having, and will have, on mining machine development and the provision of product support services to the industry.

Jan 1, 1995

By Hegedus M

The Hydrogeological Survay of the bauxite mines in Hungary was establisned 30 years ago. The goal of the HS has been to collect the all available date needed to solve the hydrogeological problems of bauxite mines. The results of activity of the HS have been summarized in the annual reports-. This report is going to present a few methods to evaluate the hydrogeological properties of fissured, karstic rock ie. the evaluation of drilling mud losses, the statistics of core samples evaluated by a special computer program for calculation the porosity and permeability of the rocks. An experimental injection test is presented together with the development of a new portable instrument to get signes of the water table change during the injection test in every two second. It can be proved that the flow around the well may be a transient one if the yield of the injection exceeds a definite one (Figure 2.). It was observed that the permeability calculated from the pumping test date may be 1.2-1.6 time higher than it coming from the injection test. A practical example is presented also how to use the results of the HS for designing the dewatering of a new mine together with an analogous computer model to forecast the yield expectable for making the drift tunnel. A suggestion based on the hydrogeological feature has been done for the dewatering without using electric energy (see Figure 3.-6.).

Jan 1, 1988

By Ruffles B. R

A computer simulation has been developed to model the flow of copper ore in Isa Mine. It simulates extraction of copper ore from the 1100 orebody by load-haul-dump (LHD) units to ore passes, haulage from chutes on 19 level by Rockflo trains to crusher bins, crushing and hoisting. It can assess in terms of the tonnage and head grade of ore hoisted, the effect of varying operating strategies, as well as measur- ing shortfalls in required capacities of any of the operations (extraction, hauling, crushing and hoisting). The simulation was designed as a modular, deterministic, steady-state model with parameter input allowing complete flexibility in its use. Queuing theory is used extensively to evaluate the effect of interference at potential bottlenecks. The model has been used to determine the effect on production of varying train sizes, maintenance policies on the haulage circuit, orepass capacities, and extraction operations.

Jan 1, 1974

Equity finance provides the most suitable and frequently the only access to capital during the exploration and evaluation stages of resource projects when project risk is at its highest. Investors are prepared to provide equity funds in the knowledge that they are compensated for the higher risk they take on with higher potential returns or sufficient upside potential to justify the higher risk. The context of resource projects which determines the role of equity finance has changed considerably. Prior to the resurgence of the gold price and the development of new mining technology many resource projects were selectively mining orebodies by underground methods frequently with limited reserves proved up in advance of mining. The limited proved ore reserves base and the volatility of the gold price all contributed to a higher risk and higher return investment environment in which the use of equity finance was more appropriate and frequently the only option for capital raising. The financial risk of a resources project can be transferred to an underwriter who makes the commitment to distribute the financial risk between a number of investors. There is also the opportunity for financiers to use a mix of equity and debt finance to allow a company to proceed with the development stage where without such a mix the resource project would not proceed. By using a level of equity finance the project becomes robust enough in its ability to service the debt finance facility and the project proceeds with the equity participants receiving a suitable risk reward return. The liquidity from the establishment of a market for the company's securities enhances further capital raising and generally enables the company to satisfy its financial requirements on more favourable terms particularly during bull markets. The role of equity finance in the management of the financial risk during the exploration, evaluation, development and mining stages of resource projects is summarised in Table 1. In more detail the principal roles of equity finance and the ways in which equity finance impact on the risk management of resource projects will be considered in turn.

Jan 1, 1994

By A Jafari, N Khalili, M Vahab, P Broumand

This paper presents the implementation of the eXtended Finite Element Method (XFEM) in the general-purpose commercial software package COMSOL Multiphysics for multi-field thermo-hydromechanical problems in discontinuous porous media. To this end, an exclusive enrichment strategy is proposed in compliance with the COMSOL modelling structure. COMSOL modules and physics interfaces are adopted to take account of the relevant physical processes involved in thermo-hydromechanical coupling analysis, namely: the mechanical deformation, fluid flow in porous media and heat transfer. The model preprocessing, level-set-updates, coupling of the relevant physics and postprocessing procedures are performed adopting a coherent utilisation of the COMSOL’s built-in features along with the COMSOL’s LiveLink for MATLAB functions. The capabilities and performance of the proposed approach are investigated by examining several multi-field thermo-hydro-mechanical simulations with reference to the block caving process in mines.

Nov 29, 2022

Those developing or planning a new mining operation base their financial projections on amounts of gold produced as soon as practically possible. The choice and ongoing operation of mobile plant figures significantly in their projections. The implications of mobile plant selection are not always clear - until its too late.Our 'typical' gold mine would be a mine processing 800,000 tonnes of ore per annum, producing 37,000 ounces of gold with a life of mine of 10 years. Overburden layers are only evident in the first two years of operation.The pit will eventually, after some 5 years of mining, be some 300 metres deep, but confined to a mine radius of 2 kilometres.

Jan 1, 1986

By C Glassock, P Bodon, M Elias

Computer simulation is a well-accepted tool for modelling the behaviour of large or complex operating systems. Less common is the use of simulation as a design aid, but FluorÆs simulation group regularly applies discrete and continuous simulation models to assist with optimisation and risk management in a wide variety of mining, mineral processing and logistics applications. To demonstrate the wide applicability of simulation modelling as a design aid, this paper describes three case examples from FluorÆs recent work that cover both discrete and continuous operations.

Jan 1, 2003

By Grinbaum B, Stevens G. W, Dalton R. F

Many hydrometallurgical processes produce large amounts of acid waste. This is illustrated by the copper S/X-E/W process which produces a bleed from the electrolysis tank house in the form of a concentrated sulphuric acid stream. Currently, the bleed stream is necessary to remove impurities such as iron that decreases the efficiency of the electrowinning process. However, this comes at a high financial cost owing to large quantities of make-up sulphuric acid required. A process has thus been developed with Zeneca Specialties (UK), ICI Australia and Gunpowder Copper Co at the University of Melbourne for the recovery of sulphuric acid from copper tank house bleed liquor. The recovery process uses the method of solvent extraction. Solvent extraction has the advantage of being a well-established technology in the mining industry and will reduce the environmental impact of the S/X-E/W process, as all additional chemicals can be completely recycled. A simplified diagram of the process is shown in Figure 1. Tank House

Jan 1, 1997

The ""comparable sales"" method of valuation attributes value to an asset by reference to actual sales of comparable assets or to the market capitalisation of companies with comparable assets. This methodology is widely used in real estate valuations. The real estate approach can be used to value mining and exploration properties where there are actual sales of comparable or similar assets in the recent past. The practical limitations of the comparable sales method are well known and self evident: limited number of transactions, limitations on comparability and inadequate data. The real value of the comparable sales method is in its use as a validity check. Estimates of value of mining and exploration assets are so sensitive to so many variables that all valuation methods have limitations. Accordingly there is real value in attempting to establish benchmarks from comparable sales. Apparently sophisticated valuation methods can mislead by creating the impression that valuation is a precise science. The judgement of the valuer is critical and judgements can be wrong. Any available evidence from actual sales that are even remotely comparable can provide useful input to the valuation process.

Jan 1, 1994

This paper critically reviews the role of institutional research contractors (eg universities and the CSIRO) in the delivery of effective research, development and demonstration outcomes in mineral and coal processing to the Australian mineral industry. The criteria by which such R&D is justified, and the problems of quantifying the benefits of such research, are considered. Third-party funding mechanisms such as NERDDP and AMIRA are reviewed in the context of the difficulty of setting national research priorities. Some case studies are presented which illustrate both the problems and the advantages of institutional research for industry. The transfer of research outcomes to industry is identified as a significant problem which limits the effectiveness of all institutional research. Other topics reviewed include research management, the relationship between industrial companies and their research contractors, and the real costs of research. The paper offers suggestions for the ingredients needed for a successful industry-institution relationship, based on the Australian experience. It is concluded that the Australian model for this relationship is a very effective one, although there is still room for improvement.

Jan 1, 1992

Timely disclosure of information germane to the taking of investment decisions makes an essential contribution to ensuring the growth, efficiency and integrity of our capital markets. It is a core contributor to the maintenance of fair, orderly and transparent markets. Australia has a strategic need to protect and enhance market integrity. Australia is ranked tenth in the Morgan Stanley Capital International (MSCI) World Index, yet represents only 1.59 per cent of that Index. In order to survive and grow in this globally competitive environment, Australian capital markets û the drivers for economic activity in Australia û need to attract foreign investment and engage retail capital. The communication of relevant and comprehensible information to the investor plays a vital part in fostering investor confidence, thereby building depth and liquidity in our market. We have had a rewarding partnership with the mining industry to develop and recognise reporting standards which could allow ready comparability and investor understanding of the mining investment vehicle. Our mining market has been successful because of the high standards of professionalism and the intellectual capital that has been built up among the participants û the mining professionals, brokers, analysts, mining investors, professional advisers and the market operator. The balance of knowledge and understanding among these participants combined with the competition for capital, contributes to the standards for our mining market in a way that the market operator simply cannot replicate by market rules alone.

Jan 1, 2002

By Mark C. J

Since the commissioning of the BHAS Copper Plant in 1984 the copper electrowinning operations have not fully met expectations. During 1988, a laboratory scale electrowinning unit was constructed to enable an investigation of the effects of process parameters on copper cathode deposition and quality. The process parameters investigated were copper concentration, acid concentration, current density, electrolyte temperature, electrolyte flow, electrolyte impurities and electrolyte additives. The findings of this research program indicate that there is an optimum cathode deposition morphology which results in good quality copper deposits which have improved stripping characteristics. All of the process variables investigated influenced the copper deposition and therefore it was necessary to delineate a suitable operating envelope for the copper electrowinning. As a result new standard operating parameters in electrowinning have been implemented which has enabled the production of higher quality copper cathodes with improved stripping characteristics.

Jan 1, 1989

I have the pleasure to present 6 excellent papers in this section all of major relevance to the mining environment of today where competing social, legal and monetary interests and their often complex interaction require serious consideration. This is particularly true today where huge fluctuations in commodity prices makes mining a perilous undertaking while the world increasingly are becoming aware of the serious threat that mans activities has on his environment. The 6 papers deal with such complex issues as safety in an underground environment; How to protect sensitive wetlands well into the next century; The enormeous waterproblems in China and conflicting dewatering/water supply needs; Disposal of contaminated water in sensitive areas and the dynamic interaction between mining companies and legislation.

Jan 1, 1988

By J Chegwidden

Rare earths are a critical minor constituent of many advanced materials that are essential inputs to the manufacture of items such as mobile telephones, computers, televisions and autocatalysts. Although rare earths have a relatively high unit value, the impact of this cost has little, if any, impact on the selling price of the final item. Furthermore, as they are generally present in minute concentrations they are not recycled. It is for these reasons that rare earths are considered strategic materials. China dominates the market as it supplies over 85 per cent of world demand. It has recently taken steps to increase prices through the restriction of exports and support for minimum prices by an association of the major producers. This paper provides an overview of future opportunities for Australia in the context of the current dynamics of world supply and demand.

Jan 1, 2001

By E Wan, K Stokes

Since 1978, the nickel concentrator at Leinster has been subject to continuous change. In 1971 a significant nickel sulphide deposit was discovered on Leinster Downs Station, within three years the extent of the deposit was determined. In 1978 the Agnew Mining Company began production of nickel concentrate from the Perseverance Mine and continued to do so until production ceased in 1986. In 1988 WMC purchased the mothballed project and began the first phase of many expansion initiatives. Milestones in the life of Leinster have included:open cut mining of the Perseverance orebody and the discovery of the RockyÆs Reward orebody, as well as the metallurgical challenges in treating each of these; underground mining at both Perseverance and RockyÆs Reward; construction and commissioning of the WMC grinding and flotation circuits; variations in the reagent schemes, including the introduction of æliquidÆ reagents; development of mill linings to reduce maintenance; circuit re-configuration and simplification; development of Harmony open cut; strategies for increasing throughput at the drier; and changes to tailings facilities to cope with increased throughput. This paper outlines the steps which have been required to expand the Leinster Nickel Concentrator from 650 000 tpa to 2.5 Mtpa and those steps which will be required in the future.

Jan 1, 2000

High precision GPS systems for mining are accurate to within a few centimetres. Typical systems consist of one or more GPS antenna, GPS boards, sensors to detect the position of the blade or bucket of the machine radios to pick up correction signals, a computer to control the system and a display screen to give instructions and information to the operator. GPS systems offer two benefits û they give information to the operator to get his job done faster and more accurately and they can send information to management about how the job was done. On dozers, GPS systems allow the operator to accurately complete earthmoving jobs with no survey pegs. On hydraulic excavators the systems can be used to accurately locate the position of the bucket teeth for selective mining. On blasthole drills the systems can guide the operator to each hole and record accurate as-drilled plans. By reporting the position of the blade or bucket in three dimensions it is possible to continuously upgrade a mapfile of the excavation. From this file it is then possible to report productivity numbers in real time. High precision GPS works best with a minimum of five satellites visible. This may be difficult in a pit. Systems which also access the Russian GLONASSS satellites offer significantly better uptime. GPS systems will become indispensable for efficient mining operations in the future.

Jan 1, 2003

In a stipulated hard rock situation, drilling and blasting costs per tonne in open cutting or underground operations are comparable. In open cuts the drilling and blasting costs per tonne of ore are multiplied by the waste ratio.Conventional underground loading and haulage practices are so batch-oriented that the cost per tonne of ore handled is a large integral multiplier of open out costs per tonne loaded and hauled.If underground costs are to be reduced to compare favourably with open out costs then loading and hauling practices underground must be converted to a non-batch continuous system. This can be achieved by utilising gravity to control ore to mobile crushers feeding conveyors running direct to surface.

Jan 1, 1985

This paper provides an insight into the current status of risk management practices within our industry, based on an industry wide survey, with deliberate cross-reference to quantitative analysis. This survey showed that quantitative assessments appear to be mainly hampered only by the lack of reliable data and industry expertise to carry out such assessments. A short case study will illustrate some of the necessary basic tools and data types that would enable the industry to tap into an additional range of business improvement dimensions to more effectively manage the diverse and changing risk profile of the mining sector.

Jan 1, 2003

Although the last decade has seen the growth of many new licencing and approval requirements for the exploration and mining industries, there remains in each State of Australia and the Northern Territory a predominant "Mining Act" containing provisions for the grant of exploration and mining tenements. What then are the rights and duties of tenement holders either by virtue of a Mining Act or through other approval and licencing mechanisms? What rights and duties does a person acquire when he is granted an exploration licence or a mining lease? In this paper I will attempt to cover these types of questions using in particular examples from New South Wales. I will also refer to a range of other subordinate approvals and licences which today's society requires and the need for ethics and recognition of liabilities.

Jan 1, 1995

By Kohra A, Shoji S

The amount of copper production by flash smelting process occupies about 17% (equivalent to 1.4 million t/year) of total free world production. In Japan, 650,000 tons of copper is produced annually by flash smelting. This is 65% of the gross copper production of Japan. To reinforce pollution control, promote energy saving, and enhance production efficiency by increasing the size of furnaces, conventional blast furnaces and reverberatory furnaces are being replaced with the flash smelters worldwide. The Ashio Smelter started copper production in 1884 and developed in association with the Ashio mine. In those days, the Ashio smelter produced copper by using the blast furnace process designed for the high-grade ore from the copper mine. At that time, this process was specialized in Japan. In 1956, for the first time in Japan, the Ashio Smelter introduced the flash smelting process developed by Outokumpu Oy of Finland (it is suitable for treating the copper concentrate, producing sulfuric acid and improving production efficiency). The flash furnace in Ashio, the first ever in Japan, had a capacity of 230 t/day for copper concentrate and was operated up to 1962. During this period, various operational troubles were solved, and further improvements were made; and, in 1962, a Furukawa-type flash smelting furnace was completed in Ashio. This improved version of a flash furnace had a capacity of 450 t/day. There was one flash furnace and one waste heat boiler, which were arranged in a unique pattern for that time. This furnace may be said to be the prototype of the present flash smelting process in the world.

Jan 1, 1987