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DIVERSITY There are plenty of examples to show that diversity has been the fundamental downfall of many organisations, particularly when you consider the international position. What about core business, the return of companies to key competence directions and market focus. The stockmarket for instance defines groups and companies in key groups of core business. The expectation is that companies toe the line and do not diversify across their areas of defined expertise. In essence, the market has given notice that the requirements are to focus and stick to our core business. So what right does the conference have to suggest that diversity is the key to prosperity. Hasn't the organiser read the book, studied the history, listened to the market - obviously not. Have they got it wrong, My feeling and belief is no - the organisers have got it right. However, the matter is not as simple as first perceived. What is Diversity, or Diversification as I would prefer? Is it a product position? Is it a geographic position? Is it an expansion or change in services offered? Does a gold mining company diversify into copper or diamonds or aluminium or nickel? Does a gold miner in Australia diversify into China or Kazakhstan or West Africa? How do the two relate? They don't. A successful company will always possess a 'core competence' not so much a 'core business'. The best example of this is the service company extraordinaire - McDonalds. They don't sell hamburgers or french fries, they sell a service, a convenience, a lifestyle. The core business is hamburgers and if McDonalds were to diversify further into new styles of hamburgers, I suggest to you they would fail. But if McDonalds were to diversify into other products based on their 'core competence', provision of service, then I would suggest to you they would be very successful. The service procedure, service machine, service system, the formula, stava the rnnetant the nrnrlnrte -

Jan 1, 1996

A new classification of subduction related (epithermal- / mesother-mal) gold mineralisation styles based on the tectonic framework they occur in, has been found helpful in practice. It offers a ratio-nalisation of exploration efforts during all stages of work.Methodology on the ground during first pass- and follow up explo-ration which has been found effective for the various mineralisa-tion styles is being briefly outlined.

Jan 1, 1990

By P G. Gaylard

P754 has been an unusual project in that its main aim was to develop a code of practice for metal accounting with the following key objectives:Development leading to an agreed industry standard at corporate governance level Significant improvement of the credibility of metal accounting from deposit to saleable product Development of guidelines for data collection, data analysis, reporting and audit A data analysis toolbox which provides go/no go testing for metal balance data Promotion of industry adoption of these guidelines to improve transparency and financial credibility. Over time, these guidelines may evolve into a code and eventually into a standard Develop and train engineers to become expert in metal balancing and reporting. Papers like this one and the workshop which follows this conference are part of promoting the code for adoption by industry. Developing a code of practice has traditionally been the provenance of professional bodies associated with particular industries û often on a voluntary basis. Given todayÆs industry pressures, it was felt that funding key input might accelerate the development process as well as offer opportunities to research some of the problems and to train some post graduate students in a difficult discipline. In fact, the project has brought together six industry sponsors from a wide range of process types, three research providers, and funded students in South Africa and Australia. The project has also attracted input from the financial community. A textbook to support the application of the code has also been written. The industry sponsors have made the Code and Guidelines available on request to help to facilitate its use by the mineral industry beyond the sponsor group. The Code and Guidelines have already been translated into Spanish and Portuguese which suggests that industry acceptance may happen quite quickly. The main thrust of the code is to integrate commercial and technical performance to a much higher degree. The Check in-Check out (CI-CO) method has been chosen as the vehicle for this combined approach. The mass and metal values used for CI-CO are 'absolute' and provide the basis of financial transfers. The CI-CO process occurs at each transfer of custody - whether between divisions within a company, or between companies. This approach means that measurement of mass and metal flows becomes the critical element of the process and that a quantitative knowledge of measurement accuracy and precision is also essential. This knowledge allows technical differentiation between differences which are within the expected margin of variation and those which must be formally identified as discrepancies and subject to a process of investigation and sign off. Hence, the application of the code for most companies should be more evolutionary than revolutionary, but with substantially more emphasis on measurement and definition of measurement error. Where this can be achieved, it should bring the mineral industry more into line with other industries competing for investment funds, community acceptance and future employees.

Jan 1, 2008

By D Trembath

"One of the key risks to the success of a mining operation is the accuracy of the estimates of both the economic mineral and any accompanying contaminants contained within the ore reserve. Misrepresenting the mineralogical characteristics of the ore reserve can result in considerable financial investment in an operation that is in fact uneconomic and/or carries a significant environmental risk. This in turn can result in an unplanned closure of the operation with associated financial, environmental and social legacy. One way to minimise this risk is to undertake high density resource sampling to gain a better understanding of the resource characteristics. However, such an approach is expensive, time-consuming and often impractical. The risk of not having an accurate model is typically assessed during a feasibility study utilising a Monte Carlo simulation method or some form of sensitivity analysis. Importantly, the error margins used in these types of analyses are often based on subjective or very general criteria such as ‘professional judgement’ or an ‘industry standard’. This presentation introduces a conditional simulation method for developing a range of mineralogical distribution models. Based broadly on the method outlined in Journel and Kyriakidis (2004) the proposed approach develops this work further. It combines a geostatistical analysis of the available data with automated mine design software to provide a rigorous method for assessing the confidence in the mineralogical characterisation of the ore reserve. The process is based on simulating possible mine plans based on the statistical characteristics of the available resource sample data. These plans are then assessed against high resolution resource models generated using a Sequential Gaussian Simulation method. The outcome is confidence intervals for important characteristics of the ore reserve estimate relative to the actual resource. These confidence intervals are an objective and transparent measure important for assessing closure risks and represent an improvement over common practice.CITATION:Trembath, D, 2016. A simulation approach for improving the assessment of closure risks, in Proceedings Life-of-Mine 2016 Conference , pp 36–38 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Jun 28, 2016

Mispah form (FAO: Lithosol) soil contaminated with >380 000 mg kg-1 creosote was co-composted with sewage sludge and poultry manure for a period of 19 months. The soil was mixed in a ratio of 1:1 (v/v) with wood chips to improve aeration. The soil-wood chips mixture was then mixed in a ratio of four soil-wood chips mixture: one compost material (sewage sludge or poultry manure). Compost heaps were set up in triplicate on wood palettes overlaid with double layers of nylon straw bags. Control experiments, which contained the contaminated soil-wood chips mixture without sewage sludge or poultry manure were set up in triplicate. Moisture, temperature, pH, ash content, C:N ratio of the compost and the creosote concentration of the soil was monitored monthly. The concentration of selected creosote components in the soil was also determined at the end of the incubation period. Temperature was observed to rise to about 60¦C in the poultry manure and about 58¦C in the sewage sludge within two months of incubation, while temperature in the control fluctuated between 15¦C and 35¦C throughout the incubation period. Creosote concentration in the control was reduced by 17 per cent at the end of the incubation period while concentration of creosote in the sewage sludge and poultry manure compost was reduced by about 99 per cent. The percentage rate of creosote reduction in the poultry manure compost was initially lower than observed in the sewage sludge compost. However, the reduction rate became similar towards the end of the treatment period. The concentrations of selected creosote components were reduced by about 100 per cent within the same period. Respiration of compost microorganisms and counts of microbial populations showed that microbial activity correlated with reduction in creosote concentration.

Jan 1, 2004

By A Chandra, P Guj

Only a few complex real options can be valued using closed-form equations, such as the Black and Scholes formula, because these algorithms are restrictive and prevent the construction of practical project evaluation models. Although a binomial lattice method paired with the ærisk-neutral probabilityÆ provides an easier and flexible modelling of exploration and mining projects, it has limitations when projects are complex, long-lived and influenced by the interplay of various market and private uncertainties. In order to overcome these limitations, modern decision tree software using dynamic programming capability can be used for real option valuations. This is a powerful computational tool in which the impact of various sources of uncertainties can be differentiated, so that the optimal decision path can be explicitly displayed visually. There has been significant academic controversy surrounding whether different real option (RO) valuation methods would lead to different real option values (ROV). This paper, using a realistic copper mining example, demonstrates that as long as the same degree of subjectivity and consistency are used in different real option valuation methods, they yield the same result. This conclusion is valid irrespective of whether the cash flow volatility generated by various sources of uncertainties is handled in an aggregated or in an explicit and differentiated manner. This paper compares two choices for an investor either to æbuy now and developÆ a project or to enter into a ætwo-year option to purchaseÆ after the proponents have developed it. It also shows how significantly different net after-tax operating cash flows may be generated by these different choices on the same underlying asset represented by the project. This is due to the difference in the amount and timing of the relevant capital investments affecting the depreciation and amortisation charges and as a consequence, the income tax paid. CITATION:Guj, P and Chandra, A, 2012. Real option valuation of mineral exploration/mining projects using decision trees - Differentiating market risk from private risk, in Proceedings Project Evaluation 2012 , pp 177-188 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 24, 2012

One does not need to travel too far back in time to find that the manpower requirements for new projects were focused mainly on: ò plentifulness of supply; ò cheapness of use; and ò fitness for use. These were primarily quantitative considerations and corresponded with the dominant view of labour as a commodity. Qualitative considerations were not very evident with the exception of judgements of industrial militancy. It was not unusual for areas of known militancy to be excluded from the recruitment net (eg Captain's Flat, Broken Hill, Pilbara).

Jan 1, 1991

The needs for improved technology for the mineral industry are widely recognised and a summary list is given. Ways in which technology has been introduced into the industry are discussed, as are the means by which the general process of technology transfer takes place. Some possible sources of improved and new technology are considered, together with the constraints to its introduction into the industry. Responses to recent external influences on the industry are discussed in relation to their effects on technology development.

Jan 1, 1986

By M.J. Mitchell

Platinum-group minerals (PGM) are recorded from a number of localities along the Waiau River, western Southland, and the south coast of the South Island, New Zealand. At each locality, small amounts of PGMs were recovered as by-products of historical gold mining operations. During the period 1890-1950 an estimated 1000-2000 oz. of "platinum" were recovered from the region, the only area within New Zealand where PGM have been commercially exploited. The PGM suite of southern New Zealand consists of Pt-Fe alloys, IPGE (iridium subgroup, platinum-group elements) alloys, sperrylite (PtAs2), cooperite (PtS)and braggite ((Pt,Pd)S). The composition of Pt-Fe alloy exhibits considerable variation and two compositional populations are recognised. Some Pt-Fe alloy grains are chemically zoned. Iridium is the most abundant IPGE alloy phase and often contains considerable Pt, in contrast to osmium and ruthenium alloys. Cooperite and braggite grains are characterised by extremely low concentrations of Ni. R^~

Jan 1, 1995

Two continuous computer controlled, remote air analysis (RAA) systems operate at The Zinc Corporation, Limited (ZC) to give early warning in case of an underground fire at ZC or New Broken Hill Consolidated Limited (NBHC) mines. Air drawn from underground sampling points via a tube bundle system is analysed for carbon monoxide and carbon dioxide. An alarm is sounded if the concentrations of these gases exceed bench mark figures.

Jan 1, 1983

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

Jan 1, 1990

By G Noonan, S Thomas, M Limbert

Stuck drill rods (often referred to as bogged rods) in production ‘upholes’ are a common problem in the underground mining industry. Bogged and broken off drill rods have the potential to fall out of the hole without warning, posing a serious hazard to personnel and equipment below.Current industry practice to alleviate this hazard can be to either grout the hole in order to lock the drill rods in place, or to ‘plate over’ the hole with a rock bolt. Each of these operations seriously delays mine production as both require demobilisation of the production drill and mobilisation of alternative personnel and equipment to address the hazard. Both methods have been assessed for safety and efficiency and were found to be expensive, time consuming and in the case of plating over, ineffective.To address the safety and efficiency short-comings of the traditional practices, the long hole plug (LHP) has been developed to safely secure the lost rods in the hole. The LHP when struck by falling drill rods behaves similar to an expansion shell anchor transferring the axial forces from the falling drill rods horizontally into the rock mass. It is installed using standard production drills allowing work to safely continue with little interruption.Extensive testing has been carried out on the LHP in the laboratory and underground at the Rosebery mine on the west coast of Tasmania, Australia. Testing has included static pull testing, full scale drop testing and underground trials.The outcome of this work has proven the LHPs ability to add safety, volume and cost benefits to the Rosebery underground operation and it is currently in use at that site. It enables proven elimination of a common workplace hazard immediately, thus eliminating delay on the mine’s production cycle.CITATION:Thomas, S, Noonan, G and Limbert, M, 2017. Long hole plug – addressing the hazard of bogged rods in ‘upholes’, in Proceedings 13th AusIMM Underground Operators’ Conference 2017, pp 305–310 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 16, 2017

By D L. Kennedy

Many aspects of the physical layout of manufacturing plants and storage facilities for explosives are governed by so-called quantity-distances tables. Both the British and the American tables were originally derived from an analysis of the injuries and the building damage documented by an early 20th century compilation of significant accidental explosions. However, progressive changes in explosive process technology and in building techniques have reduced the relevance of much of this historic data set. Extensive scientific research has been conducted over recent decades to characterise the potential injuries and damage from accidental explosions under more modern conditions. This presentation will showcase some of this research.**This is an abstract only. No paper was provided for this abstract**

Nov 8, 2011

By T Elms, R Beckman, M Sampson

"In today’s mining industry, the pressure of reducing costs and increasing production while maintaining high safety standards is at the forefront of operational endeavours. A combination of specific mining knowledge and technological advances has helped enable this notion. Fleet management systems have been developed to enable sites to better measure and manage production to improve operational efficiency.The integral part to managing production is having accurate, readily accessible data. This empowers key stakeholders in the management team to drive production reporting, materials tracking and budget forecasting.If a site does not run a fleet management system, manual input is heavily relied upon for production data, which introduces increased risk of human input error. Errors can drive outcomes that don’t achieve increased production at a reduced cost. Alternatively, a fleet management system can have improved accuracy but involves a high monetary investment. Such an investment is not always feasible for smaller mining operations subject to current industry cost pressures.The Emeco Operating System has been developed in alliance with sites such as the Mungari White Foil Operations by satisfying the criteria of a low intensity hardware installation, material tracking data validation processes, remote monitoring, identification of metrics to improve overall operating efficiency and providing the right information to key stakeholders.Citation:Beckman, R, Elms, T and Sampson, M, 2016. Getting Accurate Mine Information to the Right Teams to Drive Production Improvement, in Proceedings Ninth AusIMM Open Pit Operators' Conference 2016, pp 203–211 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Nov 15, 2016

By H Park, D J. Holland, L Wang, Y Matviychuk, Y Lee

Reuse of process water in mineral and coal flotation plants is widespread to effectively reduce freshwater consumption. However, the accumulation of the frother in the recycled process water is a growing problem as high remnant frother concentration often leads to undesirable overfrothing issues throughout the plants. Various approaches have been proposed by others to measure frother concentration, but none of them is used in flotation practice owing to the requirement of timeconsuming sample preparation steps and/or specialist training to operate and maintain. There is a pressing need for the development of a simple and fast frother concentration measuring technique to avoid overfrothing issues and to optimise the flotation process. The present paper presents two promising approaches to measuring frother concentration online. The first approach measures the concentration of alcohol type frothers based on the host-guest interactions between frother molecules and a formulated liquid. This method is simple and fast as it only requires mixing the formulated liquid with the water sample for up to one minute. The potential of this approach was demonstrated by determination of the residual MIBC concentrations at different locations across a coal flotation plant. The second approach measures frother concentration using a solid-phase extraction (SPE) process and a cryogen-free benchtop NMR spectrometer. Using this approach, both alcohol type and polyglycol type frother solutions can be analysed for concentration determination within 30 minutes. It has also been demonstrated that the concentration of individual frothers in a frother blend (ie MIBC and PPG425 in water) can be accurately analysed even in the presence of background chemicals. This technique has otential for real-time measurement of frother concentration as the whole process can be fully automated.

Aug 24, 2022

By Cunningham CG

Many epithermal gold-silver deposits areknown to occur in the Neogene-Quaternary volcanic complex of the central Andean region of southern Peru, northern Chile, western Bolivia, and north-western Argentina, an area of about 300,000 km2 where these volcanic rocks constitute the dominant cover. Some of the gold-silver deposits were mined during Spanish colonial times, as early as the 16th century,- whereas others were not discovered until the 19th and 20th centuries. The extraordinary gold-silver potential of this young volcanic complex, however, was not recognized until the 1970's when the phenomenal increase in gold and silver prices stimulated new exploration. New discoveries were made, chiefly in southern Peru and northern Chile, of high-grade ores in old mining districts and large low-grade ore bodies, both in old districts and in new areas having no history of mining activity. Many additional gold and silver deposits remain to be discovered within and beneath the young volcanic complex of this region.

Jan 1, 1990

By D Suppel, Y Miezitis, S Jaireth

The competition between various options for the use of land is ever increasing. Commonly in Australia large tracts of land were un-encumbered by sweeping land use option limitations, but this situation has been rapidly altering in recent decades as governments are obliged to maximise the utility of the land for a broad range of competing interests. While the interests of miners have always been considered, the effects on limiting access to land for exploration and possible mining have not always been effectively incorporated into decision-making processes. As a result the challenge for national and state organisations representing these interests has been to develop a transparent process to allow for the mineral potential of an area to be systematically assessed and for information to be presented for use by specialists and non-specialists. Government agencies are called upon to implement government policy but also to provide accurate and meaningful advice which can assist in policy and land use decisions. Commonly timeframes are short and information can be less than complete. Nevertheless on-going decisions are made based upon the best available understanding. It is in this operational framework that the methods described in this paper are set. The paper describes a process for quickly and systematically providing advice on mineral potential for use by government agencies and ultimately the community within tight time and resource constraints. It is a method of combining the accumulated knowledge about mineral resources and their potential and presenting this information in an easily accessible form which can be used in a negotiation and policy development environment. Development of the method was undertaken to meet the needs of the Regional Forestry Agreement process in Australia. The method has been applied to study areas in New South Wales, Tasmania, Western Australia and elsewhere. Examples in this paper are taken from north eastern New South Wales.

Jan 1, 1999

The importance of proper planning, preparation, and execution of a steady state sampling campaign for metallurgical plant assessment must not be underestimated. Careful planning can increase the amount and reliability of information from an optimum number of samples and fully utilize available plant data. It requires specification of the data required, determination of run duration sampling frequency, the selection, modification and testing of sample points and cutters, as well as organisation and briefing of plant and sampling personnel. Preparation immediately prior to sampling, the conduct of the sampling campaign itself and procedures to handle the collected samples and information are discussed. Cutter design, fabrication and use are described in detail, and typical sampling situations, for ball mills, classifiers, pipes, launders, flotation cells and thickeners are considered individually. Measurement of pulp flow rate can often resolve difficult mass balance problems, and discussion of convenient techniques is included.

Jan 1, 1976

By M Scoble, W S. Dunbar

This paper reviews methods for grade estimation in short-term mine planning for block caving. Two particular tools are used: Ordinary Kriging and Simple Kriging with moving averages. It is also considered the influence of draw characteristics on the grade estimation process. Reference is made to mine case study data and analysis. These demonstrate that operational grade estimation is not a trivial process. It must take into consideration: the grade variability (in terms of ore and dilution), sampling interval, geological and geotechnical characteristics, geometrical layout and draw characteristics. Significant improvements appear possible in short-term planning if variogram analysis, as well as kriging methodologies, are introduced into the operational grade estimation process.

Jan 1, 2000

Hydrometallurgy has a history of over 300 years with copper leaching and cementation having been exploited in Spain as far back as 1670. Since then, hydrometallurgy has become an integral, expanding branch of extractive metallurgy. This paper reviews major developments in hydrometallurgy over the past century with emphasis on recent commercial developments and their impact on the mining and metals industries. The environment in which these developments has taken place has changed significantly in the past two decades and many factors, often non-technical, have emerged as constraints on the operation of existing plants and the expansion and development of new hydrometallurgical operations. Finally, a number of possible new developments that will shape the future of hydrometallurgy in the new millennium are discussed, particularly as they relate to the assimilation of technical advances in other areas of science and engineering. The impact of current trends in the education of hydrometallurgists and the provision of research in support of these future developments is also addressed.

Jan 1, 2000