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By L A. Martinez Tipe, J McKibben, S Barry

"Metal prices are central to a mineral investment decision and have a profound impact on the financial performance of companies in the mining industry. At its most basic level, metal prices are influenced by the disequilibrium between international metal volume supply and demand. That is, the commodity price is a regulator that equates international metal supply and demand where inventories act as a buffer between the emergence of this disequilibrium and its dissolution through a price change.From this viewpoint, mining companies are required to forecast metal and bulk commodity prices when evaluating minerals projects through discounted cash flow (DCF) analysis. While supply-demand models are instructive, many companies use historical prices, spot prices, futures/forward pricing and consensus opinion (or a combination of all of these) to develop price forecasts.This paper discusses the definition, fundamentals and differences between futures/forward and consensus pricing and the appropriateness of each in a DCF model for mine project economic evaluation.Our results demonstrate that great care is required when using either futures/forward or consensus pricing and that the decision to use one rather than the other requires consideration of other important elements in the DCF model (ie the risk-adjusted discount rate).CITATION:Martinez Tipe, L A, McKibben, J and Barry, S, 2016. Metal prices and the differences between forward and consensus pricing – which one is better for use in a discounted cash flow model?, in Proceedings Project Evaluation 2016, pp 149–158 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 8, 2016

By J-P Franzidis, E V. Manlap

Froth transportation characteristics have a significant impact on the flotation recovery especially in large flotation cells. The probability of an attached particle being recovered into the concentrate depends strongly on the location where it enters the froth phase. A mathematical model for froth transportation in industrial flotation cells was proposed (Zheng et al, 2004). The model has been tested on the experimental data obtained from testwork conducted at the Western Metals Hellyer lead/zinc concentrator. The results show that the model fits the experimental data well, especially when the froth is well developed (ie for a deep froth). The model fitting can be significantly improved by incorporating an air dispersion factor. However, the models encounter some limitation, ie inconsistent prediction at different froth heights, due to change in froth viscosity which cannot be modelled at the present time.

Jan 1, 2005

By T Purvis, Z Liu

Ernest Henry mine (EHM) is an underground sublevel caving mine located in north-west Queensland with a production rate of 6.4 Mt/a. The mine has sublevels spaced with a 25 m vertical interval. The production process on each level starts with the drilling and firing of a blind uphole rise to start the slot extraction. These rises are fired as a single shot and routinely need to achieve a design height of 22 m to 30 m depending on the local mine geometry. If the rise fails to perform as designed then the production phase of the level is delayed with significant rework required to remedy the situation.This paper describes the process that the EHM team has followed to improve the first time performance of each rise. The improvement process commenced with a review of results from previous rises and resulted in the identification of a number of improvement opportunities. A revised holistic approach was established for the process, which included involvement from operators and engineers. Through continued measurement and review of rise performance, inputs to the process were improved to a point where reliable results can now be expected. The successful performance of subsequent rises has been verified through a comprehensive quality assurance quality control (QA/QC) program. Before quality control processes were implemented, the success rate of blind uphole rises was only 11 per cent (one out of nine rises) at EHM. In comparison, the success rates have been vastly improved to 25 per cent (one out of four) and 75 per cent (three out of four) respectively following two stages of improvements. This paper concludes with the ‘current’ series of best practices used at EHM and recommendations.CITATION:Purvis, T and Liu, Z, 2017. Improving the performance of blind uphole rises at Ernest Henry Mine – a case study, in Proceedings 13th AusIMM Underground Operators’ Conference 2017, pp 335–340 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 16, 2017

By C T. Portelli

Belt conveyor transfers are the most likely location for high wear rates and failures. Belt transfers are necessary to change the direction of conveyed material and will remain a part of belt conveyor systems into the future. Burden being accelerated due to fall and changes in direction from one system to the next, prevents steady state flow which introduces component fatigue. The conveyor belt is considered the greatest cost item over the life of a belt conveyor system and consumes considerable downtime to replace, therefore a financial incentive exists to preserve this high-cost item. Other issues created at the transfer include health risks of uncontained dust and product losses due to spillage. Additional consideration to support the belt is one way to improve the life of components and contain dust within the transfer chute. The humble impact cradle/bed has changed little over the years whilst conveyor systems have achieved ever greater flow rates. Further development of the impact cradle is an opportunity to reduce maintenance costs and increase uptime. The peak technology on the market for conventional impact belt support is the dynamic impact cradle, which ensures the belt support area under the chute allows for some dynamic travel, whilst also maintaining a consistent skirt board area. The impact energy at a transfer when installed with Kinder Australia’s dynamic impact belt support system was measured to further understand the forces involved and how they compare with static belt support systems. Adding further dynamic capacity to the load zone has been shown to increase belt life by at least 30 per cent. Other components also benefit from reducing impact energy in the transfer and the incorporation of polyurethane bushes at roller supports has been employed further increase roller and frame life. Kinder Australia has developed a unique and innovative range of belt support technologies that further promote dynamic travel whilst maintaining a consistent skirt board area without a significant increase in belt-friction tension. This technology combines slider rails with rollers that can absorb impact independently within the support system and/or utilising exotic slider materials to overcome high belt speeds and/or system capacities. Kinder Australia has a vast library of documented case studies and application data to ensure the future systems being offered will survive, provide better chute sealing and protect the conveyor belt.

Sep 18, 2023

By Q Wang

Net present value (NPV) has been the main criterion in mining project evaluation and production plan optimisation. It is a common practice in NPV calculations to take into account only the tangible cost items in the corporate accounting system. The costs incurred due to damage to the local ecosystem and environment are left out and treated as externalities. Such practice on the one hand underestimates the total cost of a mining operation and, on the other hand, ignores the difference in ecological/environmental impacts between different mine plan alternatives. This paper attempts to measure the ecological costs of mining and to incorporate such costs into the evaluation scheme in mining project evaluation and mine planning. The ecological costs of mining are estimated based on the areas and types of land (eg forest land, grazing land, crop land) damaged by mining activities and the carbon emission from fossil fuel consumption. For the land areas (and their associated ecosystems) directly damaged by mining activities, the ecological costs are measured by the prevention and restoration costs, the lost values of eco-services of the damaged land, including bio-product production, soil erosion control, water run-off control, oxygen release, air pollutant absorption and formation of soil nutrients. The ecological cost of carbon emission from the energy consumption of a mining operation is measured by the cost of cultivating the equivalent forest land required to uptake the emitted carbon. A case study on a large-scale open pit mining project is presented to demonstrate the influence of ecological costs on the mine planning outcome.

Sep 26, 2011

By Hoffmann CF

Thermal conditions at depths of several k.i'-.r.,etres in hydrothermal systems are a major (actor controlling gold transport into the epithermal environment. Understanding of the coupling of thermal, metal and ligand (HZZ S) sources in the root zones of hydrothermal systems therefore becomes important for the application of tectonic and igneous petrochem- ical studies to regional scale precious metal exploration. The evaluation of favourable conditions in this source zone and application to explor- ation rests on a detailed knowledge of the gases, H2S, CO2 hydrocarbons and other trace components preserved in fluid inclusions. Recent developments in analytical techniques now permit examination of these components and the recognition of complex hydrocarbons in rluid inclusions from epithermal and other lydrothermal systems appears promising for ieoosit-source correlation.

Jan 1, 1987

By P G. Bourke, A Yáñez, G J. Jameson, N M. L Kupka

The kinetics of fine and ultrafine particles in conventional mechanical flotation cells are limited (Feng and Aldrich, 1999; Trahar, 1981; Wang et al, 2016). Accordingly, even limited recoveries with such machines require long residence times. Theoretical investigations into the rate of capture of fine particles by flotation, have indicated that a key parameter is the rate of shear in the fluid surrounding the bubbles and the particles. Achieving fast flotation rates of ultrafines requires a new method of bringing the particles and bubbles into contact, utilising the beneficial properties of highly dissipative flows to break through the water boundary layer. In 2010, a new type of flotation cell known as the Concorde Cell was described, in which bubbles and particles are brought together in a sonic shock wave (Jameson, 2010). Earlier research had shown that when a dispersion of fine bubbles in liquid passed through a converging nozzle at the local speed of sound, the resulting shock wave downstream generates a mass of even finer bubbles in the flow as it passes through the shock wave. The fluid within the shock wave is highly turbulent, and an environment is created that is very favourable to particle-bubble collision and capture. In this paper, we briefly describe the Concorde Flotation Cell and give examples of its use.

Aug 24, 2022

The reasons for and the methods of inte- gration of the gold treatment plant with the existing nickel concentrator are discussed. The integration was accomplished in three stages commencing in May 1980 and attain- ing current throughput in December 1982. The problems encountered and their solution, including the design and construction of a new tailings dam are also discussed.

Jan 1, 1984

By J Penman, N Turner, H Liu

This paper aims to present a snapshot of the risk profile for tailings storage facilities within Western Australia by comparing the spatial distribution of known facilities against common geohazards such as cyclonic activity, climate, and peak ground accelerations from earthquakes. The analysis also includes an assessment of proximity to populations at risk including towns and sensitive receptors including significant river systems and wetlands.

Jul 1, 2021

By García B., Wolff E.

In Colombia, northeast of Antioquia, there is a gold deposit that has produced continuously since the middle of the XIX century, located within mining title RPP-140, property of Gran Colombia Gold Segovia (GCGS) since 2010. Mining materials are taken to the “María Dama” Processing Plant where 1500 tonnes of materials are processed daily. Before 2010, the previous owner of the mining title processed about 600 tpd and directly discharged almost all tailings, given that they had no capacity to put them into final deposits. El Chocho was conceived as a final tailings deposit to store the pulp produced by the processing plant; it was divided into two phases with two dams (upper dam and lower dam) given that the presence of illegal miners at the lower phase impeded a single dam design. A squatter impeded construction of the upper dam; so afterwards, starting at the higher end was necessary (owned by GCGS), building dam 1B to store tailings in pulp; after the squatter returned the lands to the owner (GCGS), construction of tailings dam 1A was required and thus complete construction of dam 1C or the upper dam. While all of this was happening, GCGS decided to acquire a 1500 tpd filter press which currently dehydrates tailings in order to take them to the valley controlled by dam 1A. Construction of dam 1A was designed following the containment wall model, made with geotextile tubes. These improvements generated reduced pressure on renewable natural resources because water is recirculated and less fresh water contributions are required; less pressure is placed on soil, flora and fauna because the area intervened for tailings storage will have a higher storage capacity and, as such, a longer useful life.

Jun 17, 2024

By H S. Welideniya, K Ekanayake

Carbon rich graphite deposits found in Sri Lanka are of inorganic origin and they occur as narrow steeply dipping veins. The vein width of these deposits varies from a few centimetres to metres, with an average vein thickness of 1 m. It is believed that the carbon rich fluid intruded into fracture zones under high pressure and the temperature has crystallised into graphite. This process has also generated many minuscule graphite veins centred on main mineralisation, which has reduced the host rock overall rock mass rating. These discontinuities could also be considered as joints with graphite infill. Graphite mining at Bogala Mines, Sri Lanka is a unique example of narrow vein mining faced with numerous wall stability issues resulting from weak graphite infilled joints.The Bogala vein type graphite orebody has an average vein width of 1 m. Overhand cut-and-fill mining method is used for stoping. The stope consists of two boundary winzes for material handling, access and ventilation. Mining is done on the strike of the vein and the average mining slice height is 2 m. A void to the height of one mined slice is left below the mining level during mining. Waste rock resulting from vein blasting and mine development is dropped into this void as fill rock. Any void height left greater than a single slice height will increase stresses in the stoping zone. This will increase formation of rock blocks and their effective separation from wall rocks. Split miniscule veins occurring around main mineralisation intensifies rock block formation in an environment of mining induced stress release. Consequently, any rock blocks sliding into stopes on graphite infilled joints will behave under constant normal stiffness (CNS) conditions and their shear strength will converge rapidly towards remoulded shear strength of graphite alone. Unlike with general infill deposited in joints, graphite has a very low friction angle and with its slippery nature, a small thickness may affect in great deal to reduce joint shear strength.In addition to immediate filling of excavated voids, controlled vein blasting and spot bolting have improved mine safety. Furthermore, rock bolts connected to each other through iron plates and anchored to anchor bolts installed in non-fractured solid rock are practiced to stabilise rock falls and wedge failures in narrow vein graphite mining. These practices have significantly contributed to safe mining without any rock bursts and catastrophic failures.CITATION:Welideniya, H S and Ekanayake, K, 2012. Challenges faced by narrow vein graphite mining and influence of graphite infill on wall stability, in Proceedings Narrow Vein Mining 2012 , pp 71-76 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Mar 26, 2012

The sinking of the new No. 3 Shaft being mainly concerned with providing for the continuation of mining operations north of the existing workings, requirements for the shaft and haulage equipment were assessed, having in mind the anticipated needs of the Company in future years, the .available knowledge and probable future trends of the orebody, and also that the shaft would be required to act as a downcast airway for the ventilation system associated with the northern underground workings.

Jan 1, 1957

By E Widzyk-Capehart, C Hölck Teuber, S Steffen, V Rivero, O Fredes, E Sanchez, I Pedemonte, N Gonzalez

This paper summarises the research, development and initial application of a sensing platform that has the potential to monitor subsurface deformations, pore pressure and other variables simultaneously to gain a better understanding of rock mass behaviour. The platform is based on Networked Smart Markers (NSMs) devices, which, with their ability for wireless communication between individual sensors and the possibility of real-time data acquisition and processing, will assist in the development of predictive tools to better assess rock mass behaviour.A good opportunity to implement this technology is in the specific application of transitioning from an open pit mine to an underground caving operation. One of the key elements to maintaining the mining business during such a transition is having a good understanding of the unique geotechnical conditions of mutual influence created during the open pit to underground interaction. The knowledge acquisition will require the implementation of a robust platform for geotechnical monitoring, which could be enhanced by incorporating the NSMs. The integration of sensors within the NSMs would enable the collection of additional data about rock mass behaviour (ie caving propagation and crown pillar fracturing), which could be used to improve the management of mining operations and, specifically, allow the development of reliable predictive tools based on the data collected.CITATION:Widzyk-Capehart, E, Hölck Teuber, C, Fredes, O, Rivero, V, Sanchez, E, Pedemonte, I, Gonzalez, N and Steffen, S, 2016. Understanding rock mass behaviour through the development of an integrated sensing platform, in Proceedings Seventh International Conference and Exhibition on Mass Mining (MassMin 2016), pp 275–284 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 9, 2016

By Maidl B

A tunnel operations analyser is a new high technol- ogy instrument for use in underground work. By remotely sensing the acoustic emissions from operating machines and processes in a tunnel or shaft and by applying sophis- ticated computer processing to them individual process cycles and other detailed information about the operating processes can be collected. Detailed analyses and dissec- tions of the work in progress can be made and a variety of action oriented management reports produced. The pro- cess is fully automatic. Results of applying this device to two full scale tunnel projects are presented. The hardware and software that comprise the instrument are discussed in detail. Processes by which this device can be used to sub- stantially reduce tunnel costs are presented. It is concluded that this type of technology has great potential.

Jan 1, 1987

By J M. Nel

Richards Bay Minerals (RBM) has recently undertaken an exercise to improve orebody basal definition. Older mineralisation bases (pre-2005) were highly erratic using old protocol reverse circulation (RC) (also known as Air Core) drilling and interpretation. The erratic nature of this estimation tool, resulted in impractical modelling towards the end of mineralisation (EOM), difficult mine design and unrealistic reconciliation. New protocol drilling, which includes high definition SONIC drilling data, has provided more data to be available for more accurate interpretation. Recent advances in drilling methodology has allowed for better penetration depths for SONIC drilling, which was previously restricted to approximately 80 m (pre-2005). This improved data set allows more emphasis on geological interpretation with factors such as lithology, slime content, and mineral species distribution. These factors when in unique combination enable more accurate and realistic EOM data points. These points are modelled into surfaces using conditional simulation techniques and result in a vastly smoother surface and consequently, a more representative resource.

Oct 5, 2011

By K W. Mills, N R. P Baczynski, J Mylvaganam, D A. Prado, M F. Lee, I A. de Bruyn

"This paper presents the second part of a study of the assessment of rock stress inputs on the performance of various new mining designs at the Ok Tedi large open pit mine in Papua New Guinea. Over the years, four programs of rock stress measurement have been completed at Ok Tedi, each providing different interpretations of the in situ field stresses. Details of three of these programs and interpretations are provided in the precursor to this paper, entitled ‘Rock Stresses at Ok Tedi, Papua New Guinea’ (Lee et al, 2014).This paper explains how the various stress interpretations were utilised in the modelling of the proposed new open pit and underground mining excavations, comparing where possible their expected effects on stability. The modelled performance of three specific mine components have been discussed here as case studies, including: the below-pit drainage tunnel, as the floor of the open pit workings is mined down from 350?m above, to within just 75?m above the crown of the tunnel the stability of the 1000?m high slope of the proposed West Wall cutback the proposed sublevel open stoping extraction sequence in the Gold Coast orebody beneath the East Wall, for which only the likely ‘worst-case’ stress regime was used to assess sequencing and stability issues.The benefits of scheduling the collection of detailed rock stress measurements and other input data from a range of different sources at various stages of the projects are discussed.Alternative in situ stress models have less stability impact on open pit slopes than on underground mine excavations.CITATION:de Bruyn, I A, Baczynski, N R P, Lee, M F, Mills, K W, Mylvaganam, J, and Prado, D A, 2014. The application of rock stress inputs to stability assessments at Ok Tedi Mine, Papua New Guinea, in Proceedings AusRock 2014: Third Australasian Ground Control in Mining Conference, pp 43–54 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Nov 5, 2014

By Phillips J. T, Hutton W. A

This paper discusses why Argyle Diamonds adopted thickened tailings disposal in 1985 and how the system was developed over the next seven years. A wide ranging review of the thickened tailings disposal system and the tailings deposit it was producing was carried out during 1992 and 1993. The results of that review led to the abandonment of thickened tailings disposal at Argyle because of serious concerns about the stability of the resultant tailings deposit. The exposure to the risk of liquefaction and an assessment of the consequences if this happened to the thickened tailings deposit are shown. The criteria for selecting the new tailings disposal strategy are then described. The final section of the paper discusses the management strategies that have been put in place. These are designed to: ò reduce the risk posed by the thickened tailings deposit to an acceptable level; ò safely store tailings to the end of mine life; ò produce a land form that can be decommissioned to the satisfaction of Government regulatory bodies.

Jan 1, 1996

By C T. Senra, A Souza

Increasing fuel prices, unavailabilty and high prices of tyres have imposed tremendous challenges for large open pit operations. Carajßs open pit mines, one of the largest iron ore projects in the world, has been particularly affected due to the high amount of giant trucks operating in this site. On the other hand, environmental constraints push the mining industry towards reductions in fossil fuels, noise and waste generation. As a feasible response to these requirements, an alternative mining method for open pit mining, aiming to reduce or even eliminate the need for trucks has been developed, based primarily on coal opencast continuous operations. This innovative approach for open pits involves the replacement of trucks by fully-mobile crushers, bench conveyors and ramp conveyors. Two different applications have been developed for exploiting waste and ore at Carajßs largest pit, named N4E. To make it possible, mine planning paradigms should be replaced leading to new conceptual design of open pits. This paper shows two case studies (waste and ore conceptual design) carried out at Carajßs mines to anticipate and put forward the future of open pit mining, proving that our industry would be greatly affected by this new way of exploitation, reducing thousands of tons of fossil fuels. Productivities can be enhanced and environmental performance greatly improved. In this approach mine automation can be easily implemented reducing operating costs and man's fatigue.

Jan 1, 2009

By S H. Algie, E J. Knoblauch, I A. Lovatt, S G. Doig

Mill operating teams are expected to engage in a perpetual quest for process improvement – pushing the boundaries of practical process limits and testing new technology to achieve the next step-change in plant performance. Often the barrier to improvement lies in gaining management approval for process changes.Getting approval for investment in novel technology carries an added degree of difficulty, particularly in risk-averse operations, when it challenges conventional wisdom. A case in point is a new technology for controlling variability in slurry distribution. There is a widely held view that less-than-specified classification efficiency and spraying and roping of individual units in a hydrocyclone cluster, must be accepted as unavoidable. That these are wholly correctable deficiencies resulting from unequal loading of the individual units seems a bold claim. Wouldn’t the high turbulence of pumped slurries overcome all potential for segregation of solids? This paper discusses how the task of developing confidence in a new technology can be approached by a combination of physical modelling at small scale, and full-scale operating experience. Proving efficacy then leads to the next task: demonstrating value. Again, the particular technology serves as an example that could be of value to others developing relatively low-cost technologies. A high-pay-off as an investment may be achieved with improvements in metallurgical performance that are small in relation to normal process variations. This has led to an exploration of how process simulation modelling could be used, in conjunction with production data, to provide a benchmark for the expected change, which could be expressed in monetary terms.The next goal, which is currently being achieved in operating plants, is to realise the greater value now available through the optimisation of cyclone configuration, which becomes practical when the confounding effects of cluster instability are removed through equal loading.CITATION:Doig, S G, Algie, S H, Lovatt, I A and Knoblauch, E J, 2018. Investing in new process improvement technology: reducing the risk of implementation – a way forward, in Proceedings 14th AusIMM Mill Operators' Conference 2018, pp 571–584 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 29, 2018

By X Zhang, Y Zhu, P E. Ngoepe, P P. Mkhonto, W Xiong, L Han, L Lu

The triazine molecules have not been given much attention and they are potential collectors that may positively impact the mineral processing industry. The adsorption of triazine as collectors such as sodium 2,6-dithio-4-butylamino-1,3,5-triazine (SDTBAT) on pyrite form a basis in design of flotation collectors that may be applicable in a wide range of sulfide minerals. The SDTBAT collector was compared with the sodium normal butyl xanthate (SNBX) and sodium normal butyl dithiocarbamate (SNBDTC). All collectors were adsorbed in their neutral form containing sodium on the pyrite (100) surface. The computational calculations found that the adsorption energies followed the order: SDTBAT (-300.35 kJ/mol) > SNBX (-186.10 kJ/mol) > SNBDTC (-163.78 kJ/mol). It was observed that the SNBX and SNBDTC adsorbed through the S atoms, while the SDTBAT adsorbed through the S atoms and N atoms onto Fe atoms. It is clear that the SDTBAT had a strong binding energy which is attributed to the presence of the triazine group that is electron depositing to the active S atoms compared to the SNBX which possessed the oxygen that is electron withdrawing. Moreover, the SDTBAT collector was found to bind stronger than the xanthate. This was complimented by microflotation tests that showed fast floating and higher recoveries of pyrite when using the SDTBAT collector than the xanthate and DTC. This clearly demonstrated that the SDTBAT is a potential collector to replace the xanthate collector due to its high selectivity and flotation power.

Aug 24, 2022