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The basic principles of mineral valuation were recognised and propounded at the beginning of this century and have remained virtually unchanged since then. Valuation is seen as a two part process commencing with a technical examination of the mineral property followed by a manipulation of the results of the technical examination in order to determine the monetary value of the project. A thorough and competent technical examination was seen then and remains now as the essential but not sufficient foundation for reliable valuation. All authors stressed the need to maintain the integrity of the data base and to ensure adequate coverage of all relevant aspects. The monetary valuation process through most of the first half of this century was mainly based on the Hoskold two rate method, derived from the formulae for valuing annuities but modified to provide explicitly for recovery of capital. Though the basic principles of valuation have not changed significantly, the means of implementing the components of the technical examination, the styles of deposits being evaluated and the mechanisms of monetary valuation have changed dramatically. Despite all the technological improvements, however, mineral valuations are still as apt to vary from realised performance as at any time in the past. As well, mineral property valuations are now being extended to cover all assets of potential value, including valuation of exploration tenements with or without identified resources. Valuation of exploration tenements will continue to be one of the most difficult and contentious of valuation tasks.

Jan 1, 1994

Most orebodies have one or more boundaries which are gradational, where the decision to stop mining is based on an economic cut-off. To maximise profit, this cut-off grade must be chosen correctly. It is necessary to review cut-off grades regularly, as the optimum cut-off grade changes with time, and major changes are hard to implement in a working mine without disruption to production schedules.Whenever a cut-off grade is used, there will be errors in its application caused by errors in the estimation of block grade. These can be minimised by stringent quality control in sampling and by the use of kriging, which attempts to minimise the absolute errors in grade estimation. The kriging method used should produce the most accurate estimates of marginal grade blocks - this will not necessarily be the technique that gives the best overall prediction of head grades.

Jan 1, 1993

Slope stability is a critical safety and production issue for open cut mines. The æslope stability radarÆ has been developed to remotely scan a rock slope to continuously measure the movement of the face. The system can detect and alert movements of a rough wall with sub-millimetre precision, and with reliability and resolution. The advantage of the slope stability radar over other monitoring techniques is that it provides full area coverage without the need for mounted reflectors or equipment on the wall. In addition, the radar waves adequately penetrate through rain, dust and smoke to give reliable measurements, 24 hours a day. The measurement technique is tolerant of vibrations and overcomes the need for a highly stable footing required by traditional surveying systems, making it easy to move from one location to another. The system is self-powered and designed for minimal maintenance. Radar displacement images, co-registered with digital photography images, are transferred from the radar site in the pit to the mine office via a radio telemetry link. Custom-written software provides mine managers and geotechnical engineers with a complete picture of slope movements over defined time intervals. The time-history of the movement of any selected points or regions on the slope can also be displayed. Also provided is the ability to set movement thresholds that will trigger alarms at the radar site or mine office. The system has been used at numerous coal and metalliferous mines in Australia, and has provided real-time monitoring of slope stability during active mining operations. More than 20 rock wall and spoil failures have been captured by the system, and on every occasion adequate warning was provided to mine operators. The high level of movement precision and broad area coverage of the rock face provides a better understanding of the geodynamics, which leads to extra warning time. This technology enables a radical change in the management of risks in open cut mining operations.

Jan 1, 2003

High interest to basic-ultrabasic rocks is ex-plained by their specific, sutural, geotectonic po-sition and by deep level of generation of ultraba-sic magmas. These two factors allow us to treat this group of rocks as valuable source of informa-tion about the lower crust and upper mantle of the Earth. Basic-ultrabasic xenolith series is another source of information about the interior of the Earth. Detailed studies of the xenolith series give valuable material to geologists as to how endogenic deposits are fed and what is their source.Besides, the interest is explained by attempts to understand the relationship between basic-ultra-basic complexes and deposits of metalliferous and non-metalliferous mineral material.Absence of genetic boundaries in manifestation of metalliferous and non-metalliferous minerals, their temporal and spatial relationship allow us to treat the minerogenesis of ultrabasic complexes as a result of one ore-forming process manifested in Koryak-Kamchatsky, Sakhalin-Japanese, Ryukyu-Korean and Taiwan-Philippines island arc systems which re-present, in the opinion of the authors, one eastern Asian chain of the Pacific ore belt (Radkevich, 11)87).

Jan 1, 1990

By Plyley WF

Kidston Gold Mine is a 3.5 million tonnes per year operation located 280 kilometres west of Townsville, Queensland. Kidston's ore body consists of 44.3 million tonnes graded at 1.79 grams per tonne gold and 2.22 grams per tonne silver. Full production commenced in March, 1985. During the remainder of 1985, Kidston milled 3.77 million tonnes of ore and produced 213,614 ounces of gold.The ore is comprised of granodiorite, polymictic and volcanic breccias. The degree of oxidation of the rock influences the milling capacity and therefore determines the cut-off grade; ore is categorised as oxide, transition and fresh. The milling rates are 15,400, 12,000 and 9,600 tonnes per day for oxide, transition and fresh ore respectively.The ore is treated in a conventional cyanidation/ carbon-in-pulp plant (CIP). The plant consists of a primary crusher, semi-autogenous grinding (SAG) and ball mills, leach circuit and carbon-in-pulp circuit. Carbon stripping and dore smelting are done on site. The major difference between the Kidston plant and other Australian CIP plants is that a cyclone separation and washing circuit rejects half of the dry tonnage as a sand tail prior to CIP treatment. This difference allows the CIP circuit at Ki.dston to be smaller and makes the CIP less sensitive to the grind circuit product size.

Jan 1, 1986

By Doyle J

The direct method of gas content determin ation developed by McCulloch and Diamond of the U.S.B.M. has been adapted to estimate the gas content of coal seams from slim exploration borecores in the Southern Coalfield. Emphasis has been placed on the measurement of this parameter without the physical destruction of the core which is required for subsequent chemical analysis. In field and laboratory equipment is simple and inexpensive. It enables the determination of lost and desorbed gas from a fresh geological core. Residual gas is not measured but is considered to be relatively low and of no consequence in ventilation considerations. Results to date show good correlation with those obtained from underground face samples. Gas contents from the mined seams varying from 2 m3/tonne to 14 m3/tonne have been measur- ed with this apparatus. Gas desorption characteristics of South Coast coals have been found to closely follow exponential mathematical Models.

Jan 1, 1983

The discovery of copper and nickel sulphides in the Riwaka Complex in 1967 led to considerable exploration activity by a number of companies. Various exploration techniques used by these companies are summarised and discussed. Activity of these companies shows that mineralisation is mainly confined to the southern, ultramafic section of the Riwaka Complex where geological mapping recognised sixteen units within, or associated with the Riwaka Complex. Significant pyrrhotite, pentlandite chalcopyrite mineralisation is restricted to biotite feldspar pyroxenites and to clinopyroxenite units. Lesser and more erratically distributed pyrite chalcopyrite pyrrhotite mineralisation occurs in poikilitic pyroxene hornblendites, melanocratic gabbros, and in marginal diorite lenses. It is suggested that a linear belt of layered ultramafic and mafic rocks described in Fiordland by Williams (1974) may be a southern extension of the Riwaka Complex. The Riwaka Complex has been classified as belonging to the Picritic subtype, (Tholeiitic suite), of Naldrett and Cabri, (1976), and as such it is concluded that it exhibits substantial potential for the discovery of economic copper and nickel deposits. It is considered that the complex is a multiphase differentiated intrusion emplaced in a major tensional fracture zone that developed in a relatively stable tectonic environment, namely a succession of middle Paleozoic shallow water shelf sediments. Based on sparse available evidence it is suggested that the Riwaka Complex was intruded in the lower to middle Permian. It is further suggested that the tensional fracturing was initiated by the onset of subduction process which were responsible for the development of the Permian volcanic arcs and ophiolite belt in the north west Nelson area.

Jan 1, 1977

By Tozawa K, Nishimura T, Sasaki K

Liquidus surfaces in a part of the systems ZnO-PbO-Si02 and ZnO-"FeO"-SiO 2 were constructed by the quenching method. The ex- periments were carried out in air in the system ZnO-PbO-Si02. In the part investigated the primary phases were three ternary compounds (PbO.ZnOòSiO2, 2PbOòZnO.2SiO2 and barysilite), three lead silicates, Zn2SiO4 and SiO2. Iso- therms on the liquidus surface of each primary phase field were determined from 750 to 1300¦C. In the system ZnO-"FeO"-SiO 2 the experiments were carried out in an atmosphere of purified nitrogen. In the part investigated the primary phases were Fe2SiO4, Zn2SiO4 and Si02. Iso- therms on the liquidus surface of each primary phase field from 1150 to 1300¦C and the ternary eutectic (1130¦C, 15.9% ZnO, 48.2% "FeO" and 35.9% Si02) were determined.

Jan 1, 1980

By McDonald K. J, Flann R. C

A liquid phase sintering (LPS) process for preparing basket anodes from nickel powder has been scaled-up and the innuence of compact green density and sulphur content, as well as sintering conditions (period and syngas now.rate) on the perfonnance of anodes has been evaluated. The product anodes have been tested in an industrial electroplating tank. It is concluded that if anode residues are to be minimised, then with a sintering temperature of 960"C, compact green density needs to be as high as economically achievable (85 - 87 per cent density of solid nickel) and the sintering period approximately 40 minutes. With these constraints, if residual sulphur contents of anodes are to be kept as low as those of commercial anodes, then the sulphur content of the green compacts would need to be less than 1670 ppm. At the same time, it is also found that residual sulphur concentrations as high as 2000 ppm are beneficial to anode pcrfonnancc and not detrimental to the quality of the electroplate. The ability of the LPS process to produce marketable nickel anodes for the electroplating industry is clearly demonstrated.

Jan 1, 1993

The changing characteristics of raw materials has highlighted the limitations that conventional vibrating screens have in the handling of fine wet sticky materials. These' limitations have led to the development of a totally new concept of screening, the Rotating Probability Screen. In order to illustrate the practical benefits to be gained by the extraction of fine materials ahead of subse quent processes particularly in the coal industry, the experiences gained in Ro-Pro installations in America, Australia, Europe and Britain are drawn upon.

Jan 1, 1984

Introduction The mine winder is an essential element in the mining of ore in deep level mines and therefore requires a high degree of reliability to avoid interruption of production. Failure of any component on a winder may also be dangerous and expensive to repair. The larger the failure the larger the stoppage. The failure of a winder drum is the ultimate catastrophe, not only because of the cost of replacement, but also because of the lead time in procuring a new drum. Today these types of failure are not as common but many failures have occurred in the past and even today many an old winder is con- sidered for a new and often more arduous duty. As far back as the turn of the century a lot of information had been gathered to try and clear up the complexities of the multi- layering effect of coiling rope under tension onto a drum. Before comparing results obtained by various researchers the nature of the pressure distribution between rope and drum due to multi-layering will be discussed briefly.

Jan 1, 1987

Measurable physical characteristics of placer deposits include both fluvial sedimentological features and their related heavy mineral suite. These two important identifiable factors are interrelated and generally compliment each other furnishing a complete geological geochemical tool in cost- effective placer evaluation. Heavy mineral suite composition and character will change downstream from the provenance area and will compliment the related sedimento logical environment. Careful attention to gold particle characterization during the exploration phase will indicate new source additions, enhance deposit evaluation techniques and greatly assist in maximizing metallurgical efficiencies. Recognition of the various characteristics within these fluvial systems should enhance the total contained geochemical suite evaluation considering a finite source. Failure to recognize and measure these two important features very frequently leads to frustrated and unrewarding placer evaluation objectives.

Jan 1, 1986

By Gemmell J. B

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

Jan 1, 1993

At 11 p.m. on Tuesday, 24th July 1979, an explosion of methane gas in a three heading development panel at Appin Colliery resulted in the deaths of fourteen men. The explosion followed after or was asso- ciated with a changeover of the ventilation to achieve a central intake between two returns. Investigation by Inspectors was followed by separate Judicial and Coronial Inquiries. Investigational information aimed at understanding the circumstances of the ex- plosion was prepared for the Inquiries. Recommendations following the Judicial Inquiry have been adopted by the Department of Mineral Resources.

Jan 1, 1981

It is well known that the ability to influence project value reduces significantly as planning progresses and decisions regarding project parameters are made. However, at the prefeasibility stage in particular, where one of the main aims should be to evaluate a wide range of options in order to select the best for more detailed further study, there is often a reluctance to spend the time and money needed to do this rigorously. This paper demonstrates, by a number of case study examples, how significant increases in value may be obtained by fully evaluating the combinations of alternatives for various project design parameters, including (though not limited to) mining methods, haulage methods, mining rates, processing methods and rates, sequencing of mining, and cut-off grades, with changes and upgrades over time where applicable. The additional value unlocked is typically orders of magnitude greater than the additional cost of the more comprehensive study. The dangers of misuse of simplistic sensitivity analyses and failure to identify how strategies might change in response to changes in external factors are also illustrated, and the importance of selecting the best ægrade descriptorÆ is discussed.

Jan 1, 2007

By M Miller

Operators of nickel laterite pressure acid leach and gold pressure oxidation technology frequently employ a series of steam condensing heaters to preheat the leach feed slurry. The heaters are an economic pinch point û although the thermal performance of the heaters is critical to overall process viability and operating cost minimisation, they are also a significant capital item and must be sized accordingly. Despite this, discussions of the factors underlying heater design are conspicuously absent from technical literature, and existing operations feature a conflicting range of heater sizes and configurations. This variety would suggest that at least some of the chosen heater designs are oversized. As part of its detailed design stage, the Ravensthorpe Nickel Project (RNP) constructed and tested a pilot plant heater to develop an understanding of the heating process and to ensure that the RNP heaters were appropriately sized. This testwork used RNP slurry at design density and viscosity on a 450 mm diameter, 6500 mm high column. The pilot plant testwork demonstrated the intrinsic efficiency of the direct steam condensation heating process, which was essentially independent of slurry density and viscosity. Presence of non-condensable gases in the steam phase decreased the heat transferred in certain circumstances, but heater performance remained consistent with thermodynamic limitations. Stagewise heat transfer within the column was rapid, and suggested either a very high slurry surface area or excellent heat transfer within the slurry phase. While the testwork did not set out to distinguish between these effects, physical evidence pointed to droplet formation in the inter-tray shower zone, giving a high heat transfer area. For scale-up purposes, the key facts were that the heat transfer rate was not limited by using high viscosity slurries and heaters could be designed using the principles applied to the smaller of those in existing operations. This paper discusses existing slurry heater designs, the current understanding from open literature, the pilot plant testwork, results and analysis, and scale-up to commercial sized equipment.

Jan 1, 2005

A new gold cyanidation assay technique has been proven for a range of ores, where it has demonstrated benefits of being: ò Accurate (reduces the typical range of assay scatter almost three-fold, and avoids common fire assay interferences). ò Fast (under one hour, providing a quantum shift in space requirement and equipment utilisation each bottle roll can provide over 15 determinations per day). ò Simple (suitable for field application, no high skill or experience requirements). ò Profitable (reduced drilling, drilling time, ore misclassification and/or double handling after mining). ò Cheap (far lower cost than Fire or Aqua Regia Assays, ie LeachWELLTM costs around 10ó for a 20 g sample at 50 per cent solids, proportionately greater for larger samples eg $1 for 200 g samples which address most nugget effect problems). ò Relevant (distinguishes economic. ie cyanide-extractable gold, the only unequivocal value to use for true resource definition, mine planning and grade control). ò Robust (rough bucket chemistry of samplers does not seriously affect results). A new development is the provision of LeachWELLTM CAS, a solution, which also contains optimum cyanide and stabiliser concentrations; and offers greater: ò Safety (the dilute cyanide solutions are stabilised to avoid generating toxic HCN vapours; and present no cyanide dust or flying chips to deal with). ò Ease (a single squirt dispenses precise quantities of the entire reagent suite, avoiding multiple weighings). ò Reduction in total reagent costs. An inter-laboratory comparison on nine ore types, using two assay techniques (Fire Assay and Aqua Regia) involving 45 laboratories, has demonstrated that LeachWELLTM 60X assays for the samples tested, were equally or more reliable than typical Fire or Aqua Regia Assays. There is particularly great benefit in applying LeachWELLTM 60X assays to richer ores in comparison to Aqua Regia assays, which appear to be prone to very significant underassaying depending on individual analyst skills, and which often suffer greater nugget effects. The major impacts for heap leaching are that: ò Using the LeachWELLTM assay technique for grade control, ore of marginal grade is not accidentally discarded to waste or visa versa due to the scatter of assay data inherent in typical small charge (25 g) fire assays. ò LeachWELLTM assays very importantly report only that gold which will be recoverable in the heap, viz that which is liberated - an important factor where the coarse crush often leaves ten per cent of gold unliberated. These impacts are of particular importance for many ores (ie most of those recovered from open pit operations and at the margins of rich ore subject to slurry processing) subjected to heap leaching as the oxide zones often present major problems of nugget effects as well as mineralisation that cannot be accurately assigned through interpretation of clear structural controls.

Jan 1, 1994

By L Whitbourn, K Yang, P C, E Ramanaidou

The potential of hyperspectral mineral mapping within a mine environment is demonstrated. Central to this capability has been the development of portable or vehicle-mounted, hyperspectral mine face-mapping systems. Data from these systems were used to detect subtle mineralogical variations and map their distribution across rock faces in a fashion that previously was not possible. In one study, the data usability was enhanced by ædrapingÆ the mineralogical determinations over a three-dimensional æmodelÆ of the rock-face. The eventual melding of the spectral mine face-mapping and three-dimensional spatial technologies will result in a new generation of mineralogical and structural information becoming available to mine geologists, engineers and metallurgists. Specific uses for spectrally-derived, mineral mapping data sets could include:ore grade mapping systems based on either direct detection of ore minerals themselves (eg iron and nickel oxides), or mineralogies that may be used as surrogates for ore-grade information (via various alteration minerals) after a suitable orientation survey; detecting mineralogies that have a deleterious effect on milling, metallurgical processing or have occupational health implications (talc, swelling clays, carbonates, asbestos, etc); selective mining and blending by collecting, processing and displaying such mineralogical images in near real-time to monitor ore grade and quality, and allow the separation of ore from waste during loading operations at the mine face; a mineral detection and mapping capability to assist in structural and geotechnical mine planning applications; and an enhanced geological detection and mapping capability for ore mineral species or alteration mineralogies that may be used to vector further mineralisation, update the existing mine ore model, or provide input to assist in the control of autonomous mining equipment. Within the Woodlawn open pit, Fe- and Mg-chlorites and phengitic- micas associated with sulfide mineralisation were detected and mapped. Subsequent studies using a second generation face-mapping system demonstrated the direct detection of ore-grade materials for iron-ore and nickel laterite mining activities. Satisfactory and meaningful results were extracted from data that were collected under a variety of challenging conditions. However, these non-ideal climatic and operational conditions would be expected under most operational situations in a mine environment. Development of a system using artificial illumination, permitting night-time (and eventually underground) operation and elimination of atmospheric absorption effects is underway.

Jan 1, 2006

Basic premises for evaluating special characteristics of gold-bearing porphyry metal systems stem from their contrasts with properties of the class as a whole. Included features are differences in geologic, thus tectonic, environments, subtle but real differences in the proportions of accessory metals Mo-Ag-Au that are regionally and within some regions, tempo-rally distinct, contrasts in the Ag:Au ratios, petrological-geo-chemical as well as isotopic differences between intrusive suites, the age and nature of host terranes, contrasts in alter-ation style, and zoning variations of mineralogical and physical properties of rocks. These properties are linked in various ways in different regions and suggest that in large gold-bearing systems where gold may be uniformly distributed, environ-ments of emplacement, and compositions or sources of igneous "progenitors" may dominate in importance over processes, and that systems in which gold is zoned are processes-dominant.

Jan 1, 1990

The Queensland Department of Mines believes it is in the best interests of the gold mining industry to reduce and control the environmental impacts from gold mining since that is the community expectation.The Department of Mines has set as a special condition of many recently granted Mining Leases the requirement to submit a "Description of Operations" for the approval of the Minister, prior to commencing initial mining operations. In order to facilitate compliance by lessees with this condition an explanation is given of the reasons for this condition and how it is intended to achieve the objective of environmental protection.Environmental impact is operations dependent. Impact on a lease will vary quite significantly with the scale and methods employed. Before a lease can be granted and mined it is therefore necessary to have this information. The parameters of operations most critical both in terms of environment impact and economic viability are worked out and agreed with the lessee before the lease is granted. An approved description of operations which is required now, prior to the start of mining, provides the details of that agreement for the security and benefit of the lessee and the inspectors. It also provides the details of operations and environmental controls which were not required prior to the grant of the lease but are nevertheless required and necessary for compliance with the environmental standards.

Jan 1, 1986