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By S Natsui, Y Goto, S Kawanishi, J Takahashi, H Nogami

The demand for copper increases yearly, and further improvements in copper smelting efficiency using flash furnaces are required. This study was conducted to understand and promote the interfacial reaction associated with the collision of silica flux and iron oxide particles, ie the formation reaction of fayalite slag, in the reaction shaft of the flash furnace. High-temperature microscopy was used to observe the reaction behaviour of a 2 mm granular SiO2 reagent in contact with micrometreorder- sized FeO reagents in situ. When the amount of FeO was lower than the stoichiometric amount with SiO2, the molten slag formed at the interface between FeO and SiO2 diffused into the SiO2 particle before dissolving the remaining FeO particles. It did not contribute to the subsequent reaction, and despite having the lowest amount of FeO among the samples in this study, many unreacted FeO particles remained on the surface of the samples after testing. On the other hand, under conditions with high FeO content and close to the eutectic composition of the FeO-SiO2 system, a liquid phase formed from low temperatures, gradually increasing in volume and eventually completely dissolving the 2 mm SiO2 grain. These results indicate that the early-stage slag is essential in increasing the interfacial area between FeO and SiO2 and facilitating the supply of FeO to SiO2. In other words, the FeO/SiO2 determines the amount of liquid phase and significantly influences the subsequent interfacial reaction rate between FeO and SiO2. Therefore, the local FeO/SiO2 of the particles falling down the reaction shaft should also be optimised to ensure early slag formation. Meanwhile, the time required for 2 mm SiO2 to complete the reaction for the temperature history employed in this study was significantly longer than the particle residence time in the reaction shaft. Further detailed investigation of the effects of silica flux particle size, composition, and reaction temperature on the reaction time will help find the conditions under which the reaction of silica flux can be completed in the reaction shaft. These kinetic approaches could contribute to future innovations in the copper smelting process using flash furnaces.

Jun 19, 2024

By B Saunders, J Carpenter

PanAust’s Phu Kham copper-gold operation (Phu Kham) in Laos is currently limited by throughput in the Semi Autogenous Grinding (SAG) mill. The ability to accurately predict SAG mill throughput (throughput) is therefore critical to accurately forecast copper and gold production. During the fourth quarter of 2016 the proportion of hard unweathered rocks in the mill feed increased, resulting in a period of lower than expected throughput. These low throughput rates prompted a study with the aim of identifying a practical solution for throughput predictions. The study identified an empirical modelling approach based on actual SAG mill throughput rates. The empirical model was then optimised by linear programming to identify the ideal feed blend of unweathered rocks to achieve a maximum SAG mill throughput.Rock strength was the initial focus of the throughput study at Phu Kham because previous studies had identified a strong link between rock strength and throughput. It was determined that there was insufficient valid data to adequately model but sufficient data to qualitatively characterise rock strength. The data identified that the weathering and lithology had a controlling influence on the rock strength. Complicating throughput predictions were operational improvements (changes to blasting and mill settings) implemented in response to the lower than expected throughput. This created uncertainty with the throughput equations. A self-learning empirical modelling method was developed to predict the throughput by incorporating fundamental rock properties with operational practices and improvements. The method is based on the proportion of mill feed with similar weathering and lithology (a proxy for comminution performance) and the actual mill throughput using the SAG mill as the analytical instrument. The modelling method simultaneously incorporated the sum and interaction of unmodelled influences including blasting, crushing and mill settings. The empirical modelling method worked at Phu Kham because the lithology and weathering has an intuitive and observable controlling influence on SAG mill throughput. The modelling method is described along with a worked example of feed blend optimisation using linear programming.CITATION:Carpenter, J and Saunders, B, 2017. Empirical mill throughput modelling and linear programming for blend optimisation at the Phu Kham copper-gold operation, Laos, in Proceedings Tenth International Mining Geology Conference 2017, pp 291–296 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 20, 2017

By C A. Brannon, C A. Dipas, H A. Vega, D Villa

The development and construction of the Grasberg block cave mine (GBC) is in progress, currently targeting initiation of caving in late 2018. Current production planning anticipates ramping up to full production of 130 000 to 160 000 t/d by 2027. As GBC approaches the production phase, there is a high priority on increasing the accuracy and level of detail in the production plan. The advance of the cave front directly controls the drawbell opening rate that is achievable. Therefore, an essential component of this plan is to produce an undercutting and drawbell sequence that honours the caving parameters that have been set for the mining blocks by the GBC production planning team.The PT Freeport Indonesia (PTFI) mine planning team and the Geovia caving business unit have developed a computational tool (Undercut Tool) capable of generating an undercutting sequence that follows a set of caving rules, such as advance rate per tunnel, maximum blasted area per period, control of lead-lag and shape of the undercut face. This tool also produces a drawbell sequence that honours the undercutting advance sequence, which is ultimately used to generate a life-of-mine production plan. This paper describes the inputs and outputs of the Undercut Tool that have been used to compute the long-term production plan for the GBC mine. It will further describe how the Undercut Tool takes into account operational constraints and geotechnical considerations that must be considered when developing a defendable production plan. Included is a discussion of the initial results of the planning outcomes from the tool; it will demonstrate how this work will support specific aspects of the plan such as the detailed undercut production drill and blast plans for the drill ring sequence, as well as how that plan will drive the drawpoint opening plan.CITATION:Villa, D, Brannon, C A, Dipas, C A and Vega, H A, 2017. Integrated drawbell and undercut scheduling using a computational tool at the Grasberg block cave mine, in Proceedings 13th AusIMM Underground Operators’ Conference 2017, pp 271–276 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 16, 2017

The Channel Tunnel is an outstanding example of an undersea tunnel and its design illustrates most of the unique features of this type of tunnel. The marine site investigation was partic- ularly vulnerable to adverse weather conditions. To minimise this interference the time the drilling vessel was required to remain on station was kept to a minimum by expediting the drilling and the insitu tests as far as was practicable. To avoid additional unforeseen costs the contract documents were framed to take particular account of marine practice. The limited access at the coast line meant that for economy, maximum tunnel advance rates had to be attained. Ground excavation, handling and disposal methods and the provision of the lining were optimised and equipment specified in detail to ensure that no one com- ponent was delayed by a lack of capacity or mechanical failure in any other.

Jan 1, 1976

By P Holtham, R Dunne, D Stoll

Flash flotation is a process designed to remove coarse, liberated, fast floating minerals from hydrocyclone underflow. Irrespective of liberation, coarse particles would normally remain in a grinding circuit until they are reground fine enough to report to the hydrocyclone overflow. Additionally, minerals of high density also report to hydrocyclone underflow despite being fine in size and/or liberated because hydrocyclones separate on the characteristics of both particle size and density. Dense particles continually reporting to the hydrocyclone underflow can lead to over-grinding and the production of ultra fine particles. These particles exhibit slow flotation kinetics and thus are difficult to float in conventional flotation circuits. Therefore, removing coarse, liberated particles from the hydrocylcone underflow by flash flotation has the potential to improve recovery and can improve dewatering unit operations and reduce grinding costs.The impact on the overall performance of the flotation circuit by removing coarse, fast floating minerals prior to conventional flotation is not well understood. Ultimately, predicting the overall recovery improvement provides the justification for the installation of a flash flotation cell within the milling circuit. This paper will describe attempts to estimate flash flotation recovery improvements to the overall circuit using kinetic data from simplified batch cell flotation tests combined with limn-based modelling techniques.CITATION:Stoll, D, Dunne, R and Holtham, P, 2012. Modelling the impact of flash flotation from batch cell flotation tests using limn, in Proceedings 11th AusIMM Mill OperatorsÆ Conference, pp 179-184 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 29, 2012

The region we call the West Coast is acknowledged as one of the richest and most diverse mineral provinces in the world. It's the most rugged part of Tasmania and our island is one of the most rugged parts of Australia, so that speaks for itself. A hostile land of razorback mountains, deep ravines, dangerous rivers, almost impenetrable rainforests and a climate that can change from mild to freezing in a matter of hours.

Jan 1, 1993

By T Y. Dube

In this paper current net present value (NPV) based mine valuation techniques that take into account market and private risk are discussed and analysed. Potential pitfalls that arise from the application of a portfolio, market or commodity based risk metric to a mining project are identified. An alternative non-simulative framework for quantifying and factoring market and private risk in NPV calculations is proposed and then applied to a hypothetical case study in an attempt to overcome identified pitfalls. Mathematical proof that a static discounted cash flow (DCF) calculation can underestimate or overestimate mine NPV is presented, the conditions for each are outlined and the degree of underestimation defined.CITATION:Dube, T Y, 2012. How the use of market-based risk metrics can undervalue good mining projects and overvalue poor ones, in Proceedings Project Evaluation 2012 , pp 29-34 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 24, 2012

By D G. Rantucci

Organic carbon is a major ore contaminant at MMG’s Century mine. This carbonaceous matter is associated with shale hosted sphalerite mineralisation. It occurs as elongated lamellae and as inclusions in porous sphalerite aggregates which are fine grained and difficult to liberate from sphalerite. The carbon prefloat circuit was designed to remove the liberated organic carbon in order to mitigate excessive reagent consumption, contamination of the lead and zinc concentrates and poor flotation performance in the primary zinc circuit. The consequence of organic carbon removal is that sphalerite and galena minerals are lost to the prefloat concentrate. A Jameson Cell was installed in late 2005 as a prefloat cleaner cell. Operational experience showed that the cell became capacity limited during periods of high amounts of organic carbon in the feed and was subsequently bypassed.Reactive style operating strategies were implemented to manage the effects of insufficient organic carbon removal by the prefloat circuit but due to the relatively large circuit residence time, upstream changes meant hours before the downstream circuits were stabilised following a disturbance from excess carbon.This paper describes the modifications and testwork undertaken to enable the Jameson Cell to be operated during periods of high organic carbon in the float feed and the implementation of process control initiatives to proactively remove the required prefloat mass from the float feed to eliminate the reactive style operating strategy.The process control modifications centred on dynamically targeting a prefloat mass recovery determined by an equation relating the carbon to zinc ratio to the carbon prefloat mass as a percentage of the float feed. The equation was developed by analysing historical data. These improvements served to optimise the prefloat circuit and consequently stabilise the downstream lead and zinc circuits.

Aug 8, 2011

By D La Rosa, D Bennett

"Exploration drill core provides for a number of standard measurements essential for determining the viability of a new mine or the extension of an existing one. Rock lithology and alteration can be visually determined and grade measured from the half core. Geotechnical parameters such as rock strength and structure can also be measured. Using suitable proxies, these metrics can then be used to estimate run-of-mine (ROM) particle size. In combination with comminution test results, these can subsequently be used to design comminution circuit configurations and estimate their performance.The Frieda River Project drill core for the large Horse-Ivaal-Trukai copper-gold porphyry deposit was unusual due to a late stage gypsum-anhydrite stockwork event that overprinted much of the deposit. Above the base of the oxidised zone, which closely matches the water table, gypsum and anhydrite has been leached out, effectively removing the glue holding the rock mass together. As a result, much of the rock above this gypsum-anhydrite surface is fragmented and gravel-like in texture, while the material below this horizon is typically uniform and competent.Large volumes of the orebody above the gypsum-anhydrite surface are expected to need minimal or no blasting for efficient excavation. In addition, the fragmented nature of much of the material was expected to reduce comminution specific energy as it already appears as though it has been crushed. While this was expected to have positive impacts to the operation, the lack of standard geological logging methods available to accurately define the degree of in situ fragmentation led to difficulty in gaining certainty over the ROM product and grinding circuit feed size distributions.Using the extensive library of core photos for the project, a novel method using image analysis techniques to take both the intact core and gravel into account to predict ROM fragmentation was developed. In addition, existing point load test data was used to infer the strength of the rock and its impact on the blasting, crushing and grinding processes. The novel approach allowed development of ROM size distribution data and improved certainty in the results of comminution circuit designs.This paper describes the methodology undertaken in detail, and discusses the results obtained.CITATION:Bennett, D and La Rosa, D, 2016. The Frieda River Project – a Novel Approach to Analysing Exploration Drill Core: How Broken is Broken?, in Proceedings The Third AusIMM International Geometallurgy Conference (GeoMet) 2016, pp 65–76 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Jun 15, 2016

By A Gustafson, D Johansson, K Jonsson

The underground mining process, from in situ characteristics of the unmined rock mass to the final mill product with fully liberated minerals, consists of a chain of unit operations. Some of them influence fragmentation while fragmentation impacts others. From a production point of view, fragmentation is a key parameter for the proper functioning of many unit operations and affects total production; it influences the ability to load, haul and crush the rock later in the process. Fragmentation varies because of rock mass strength, the presence of joints, the chosen explosive, specific charge (kg/m3) and quality of drill holes. The efficiency and result of unit operations such as drilling, blasting, loading and crushing depend on the rock properties, which vary throughout a mine. Generally speaking, operations are not well adapted to the actual rock properties, leading to a non-optimised flow in production. This paper presents the initial part of a project that will build knowledge on the impact of fragmentation on each step of the production chain in an underground mine. It identifies the key parameters of fragmentation, which influence the overall energy consumption and productivity in a mining operation through interviews, mine visits and a literature review. In the subsequent stages of the project, a number of field tests in the case study mine will address important segments of the production process where fragmentation is a major obstacle to improvements. Optimising the entire process, rather than isolated unit operations, will lead to increased productivity, decreased amount of interruptions and lower energy consumption.CITATION:Gustafson, A, Jonsson, K, Johansson, D and Schunnesson, H, 2016. From face to surface – a fragmentation study, in Proceedings Seventh International Conference and Exhibition on Mass Mining (MassMin 2016), pp 555–562 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 9, 2016

By M Graham, R Brunning, C Andringa-Bate, S Westergren

In 2010, Rio Tinto Iron Ore’s operations commenced the planning and design of a sampling and analysis system for the new 50 Mt/a Cape Lambert Port B (CLB) facility. Current sampling systems at the ports consist of automated robotic, mass-based sampling protocols employed at Dampier, and semi-automated, time-based sampling systems operating at Cape Lambert Port A.The new sampling system at CLB has brought together a fully automated sampling and analysis system utilising time-based sampling, with the capacity to sample ore products of medium quality variation as defined in ISO 3082 (ISO, 2009). The CLB system is required to sample at shiploading rates from 6000 t/h to 13 440 t/h and provide full load-port analysis. The sampling approach is to proportionally extend primary increments (of varying mass relative to shiploading rate) to a standard length using variable speed aero-belt conveyor systems. This enables a fixed number of secondary cuts to be achieved for all primary increment masses and to be delivered to the automated cell. The cell is required to be capable of concurrently processing four individual shipments, each containing multiple cargoes.Achieving the target sampling precision for all export cargo sizes has culminated in the planning, design and construction of the largest automated iron ore port laboratory in the world. The CLB sampling and analysis cell was commissioned in Q3 and Q4 2013. This paper discusses the sampling philosophy and commissioning outcomes.CITATION:Brunning, R, Andringa-Bate, C, Graham, M and Westergren, S, 2014. Cape Lambert Port B shiploading, sampling and analysis, in Proceedings Sampling 2014 , pp 79–90 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 29, 2014

By S Kowalczuk, S V. L Barrett

The potential for adverse surface settlement during tunnelling in soil and rock poses a significant risk to the successful completion of any tunnelling project. Undesirable ground movement may lead to unacceptable level of damage to surface infrastructure, buildings and the environment, resulting in safety concerns as well as causing significant delays and costs to a project. One of the empirical methods which is commonly used to predict surface settlement in the early stages of a project’s development is the volume loss approach as described by Mair, Taylor and Burland, 1996. This method was developed for use in soft ground; however it has also been applied in weathered and soft rock to provide an initial indication of potential surface settlements along a proposed tunnel alignment. This paper presents some initial thoughts on the use of this method in weathered and soft rock and the associated limitations which need to be taken into consideration when interpreting the results. This includes complex weathering profile cases where the strength and stiffness of the ground does not necessarily increase with depth.CITATION:Kowalczuk, S and Barrett, S V L, 2014. Initial thoughts on application of the volume loss approach for estimates of surface settlement due to tunnelling in weathered rock, in Proceedings 15th Australasian Tunnelling Conference 2014 , pp 641–646 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 17, 2014

By L Gobbo

X-ray diffraction (XRD) provides useful information about the composition of an ore sample in terms of quantification of crystalline phases and amorphous content. The use of new, fast detection systems implemented in CubiX FAST industrial diffractometers creates the opportunity to use this technique in exploration and modern process control. Besides the chemical composition of iron ores, their phase composition is also an important factor for exploration, quality control and processing. In the analysis of iron ore, XRD can identify the phases containing iron, such as haematite Fe2O3, magnetite Fe3O4, and goethite FeO(OH), and any other mineral phases present, especially silicas. Quantitative analysis is possible by various classical methods such as straight line or polynomial calibration with standards, but modern quantification analysis techniques such as Rietveld analysis or full pattern autoscale analysis are attractive alternatives, as they do not require any standards. These methods offer impressive accuracy and speed of analysis. Another analysis technique offering great benefit to ore exploration and process control is cluster analysis. This technique greatly simplifies the analysis of a large amount of data, eg from drill core samplings, and automatically sorts closely related scans of an experiment into separate clusters and marks the most representative scan of each cluster as well as outlying patterns. This can facilitate multi-dimensional compositional mapping of ore deposits, identifying regions of favourable mineral composition and allows fast and reliable tracking of the process. It is the most economic procedure to have automatic data evaluation without involving any dedicated personnel in the process. Details of the techniques used, sample optimisation methodologies, results, data precision and limitations will be discussed. The approaches have enormous potential as an inexpensive, reliable tool, useful in the characterisation of iron ore materials in an industrial environment.

Jan 1, 2009

By M S. Cassola

It’s expected that the world economy will face a stable and continuous growth in the demand of iron ore, reaching more than two billion tonnes per year within the next year. After decades exploiting resources with high content of iron ore, now the industry faces the challenge to exploit and beneficiate more complex ores.According to the industrial practice, the flotation technology is one of the most important and effective beneficiation processes to deal with low-grade iron ores around the world. However, even with this, it is still necessary to search for new processing routes or promote the optimisation of the existing circuits.The broad application of this technology is an outcome that deeply relies on the proper selection of flotation chemicals specifi cally designed for each system. New collectors are in continuous development as flotation performance significantly relies upon their optimisation.The reverse iron ore flotation in Brazil, mainly constituted by haematite and quartz, uses ether amines as collector for silica minerals and caustic corn starch as depressor for haematite. The process selectivity is highly impacted by the features of the etheramine, such as:• mono or di-etheramine,• neutralisation degree,• chain length,• branched or linear chain,• the flotation pH, and• the size distribution of the flotation feed.This paper describes the experience obtained from laboratory and industrial trials on different ores, conducted to improve the selectivity and recovery in the reverse iron ore flotation by selecting the required collector for low-grade ores.

Jul 11, 2011

By Robinson T

The paper describes a spreadsheet system that enables selection of projects and companies that meet the user's corporate exploration and/or acquisition philosophy. A regularly maintained commercially available database has been used as the basis for this system. It provides an easily accessible efficient com- prehensive search method. The technique enables ranking by various criteria, both technical and financial, to provide groups of projects/companies that are of interest. Initially, target size parameters such as reserves, production and mine life are applied together with geological criteria such as age and deposit type; the significance of the targets in the context of the Australian gold industry is addressed.

Jan 1, 1988

By J Lea, D C. Kettlewell

The Carina iron ore deposit lies 105 km northeast of Southern Cross, WA. The area designated the Yilgarn Iron Ore Project (YIOP) is comprised of five prospects along an east-southeast trending greenstone belt that extends from the Helena-Aurora Ranges in the northwest to the Yendilberrin Hills in the southeast, over a strike length of approximately 40 km. The YIOP project encompasses the previously identified iron deposits of Bungalbin, Bungalbin East and Mt Walton. The Carina deposit was discovered by Polaris Metals NL in May 2007. The Carina deposit is located within and parallel to the structurally complex northwest trending Mount Dimer shear zone. The volcanosedimentary Archaean-aged greenstone sequence consists of ultramafic and mafic lavas and flows with interbedded sediments dominated by chert and banded iron formation (BIF). Supergene enrichment processes formed a goethite orebody replacement of BIF sequences within a doubly plunging synclinal fold structure. Mineralised outcrops dominated by goethite form a low ridge 1500 m long, up to 90 m wide and drilled to over 200 m in depth. In the vicinity of the Carina deposit, iron occurrences have been identified over at least a 12 km strike length and the exploration potential of the area is identified as 30 - 40 Mt. Polaris Metals began exploration in the area in 2006. Target generation in the area used existing state geological survey maps and regional magnetic survey data to focus on BIF occurrences associated with major structures. Early field investigations resulted in the identification of a large outcrop of predominantly goethite mineralisation at Carina. Detailed geological and structural mapping was completed, followed by close-spaced reverse circulation and diamond drilling. The mineralisation is predominantly goethite with specular and coarse platy haematite localised along structures that cut the goethite mineralisation. Mineralised zones are moderately vuggy and larger cavities occur in proximity to fault zones that transect the orebody. A capping by a thin veneer up to 9 m thick of canga or ferricrete occurs in places. By December 2008, 178 reverse circulation and 11 diamond drill holes (seven surface holes, four tails) were completed. The current JORC-compliant resource estimate is based on assays from 72 RC drill holes and using a 55 per cent Fe cut-off stands as an Inferred Resource of 27.9 Mt at 58.6 per cent Fe, 1.3 per cent Al2O3, 3.7 per cent SiO2, 0.09 per cent P, and 10.1 per cent LOI. Assaying has recently been completed and will be incorporated into a new updated resource later in 2009.

Jan 1, 2009

By Massacci P

A review has been made of the studies focusing on methods for the description of grain -size distribution after breakage and, separa- tely, of the degree of liberation of the miner- al species making up the various grain-size classes of comminution products. The purpose of the study has been to de- velop an overall model of the phenomenon which, owing to the very effect of comminution, leads to the formation of grains that are generally of mixed composition. A calculation procedure has thus been de- veloped for the liberation function taken as the assessment of the distribution of mix com- ponents in the products obtained after a commi- nution process. The aim is to identify a func- tion which may, to a certain extent, simulate the variation of the grade-recovery function of an ore in relation to its degree of comminu- tion. The numerical model thus obtained has been tested out on results obtained experimentally.

Jan 1, 1986

By Iwu GO, Almond DP, Joasoo _

The gravimetric integral Knudsen effusion method was used to measure cadmium activity values in binary liquid In-Cd alloys in the range 523 to 573 K. The activity measurements together with other studies from the literature indicate that special bonding conditions exist in the melts near a composition corresponding to InCd3. Sound velocities in In-Cd melts were also measured using a precision pulse-echo over- lap method in the range 404 to 953 K. The frac- tional deviation of experimental and ideal isentropic compressibilities at 623K shows a functional dependence on composition with a pronounced maximum near the composition 75 at.%.

Jan 1, 1980

By M Sciortino, J Korczak, J Muinonen, A St-Jean

The Dumont deposit is a large (1179 Mt reserve), low-grade (0.27 per cent nickel) nickel sulfide project located in the Abitibi region 25 km west of Amos, Quebec. Royal Nickel Corporation (RNC) acquired the project in 2007 and has since taken the deposit through to feasibility. The disseminated nickel sulfide and alloy mineralisation is hosted within the serpentinised dunite subzone of the Dumont Sill; a differentiated, pervasively serpentinised, ultramafic sill of komatiitic affinity. Pentlandite ((Ni,Fe)9S8), heazlewoodite (Ni3S2) and awaruite (Ni2.5Fe) are the dominant nickel-bearing metallic phases and can be recovered by conventional methods (flotation, magnetic separation). Non-recoverable nickel is also present within serpentine and olivine of the silicate matrix.A detailed mineralogical program including 1420 QEMSCAN« samples and 4400 electron microprobe points was undertaken to increase the understanding of the nickel deportment in the various recoverable and non-recoverable phases in a spatial context across the deposit. A total of 105 metallurgical tests have been performed under a standard procedure which have linked the mineralogy to metallurgical performance. This has allowed the creation and modelling of geometallurgical domains on a block-by-block basis to understand the recovery variation and metallurgical performance throughout the deposit. Understanding the spatial variability of Ni deportment in recoverable and non-recoverable phases through mineralogy is the key to understanding metallurgical performance, thus unlocking the value of the Dumont deposit and other large tonnage low-grade ultramafic nickel deposits.CITATION:Sciortino, M, Muinonen, J, Korczak, J and St-Jean, A, 2013. Geometallurgical modelling of the Dumont Deposit, in Proceedings The Second AusIMM International Geometallurgy Conference (GeoMet) 2013 , pp 93-100 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 29, 2013

Risk management has become an essential tool for mining companies to ensure their projects are well-managed and profit expectations are achieved. Risk management has also become a mandatory corporate governance requirement in Australia for publicly listed companies and equally important to attract investors. This paper provides a brief overview of the essential tools needed to implement a practical risk management framework to comply with the internationally recognised ISO 31000:2009 risk management-principles and guidelines from the perspective of small or soon to be producing mining companies. To?successfully?deal with the unknown and to manage the opportunities and risks involved with a mining project requires a clear understanding of the basic risk management principles. These include how to develop a project risk register, how to develop a project risk treatment plan and how to manage and monitor project risks to take full advantage of the opportunities presented.The first step is to identify and fully appreciate the risks that face a mining project. There are many risk identification methods that can be used including checklists, brainstorming and hazard and operability (HAZOP) studies. These often lead to a telephone book full of risks which are near to impossible to manage. A risk library specifically designed?for mining?projects containing no more than 100 risks will cover the major showstoppers, is practical and can be readily implemented and successfully managed.A risk framework also needs to be established which is compatible with the companyÆs structure and objectives. Once each risk has been assessed in regard to consequence and likelihood and the risk control systems are in place they need to be assigned to the responsible manager. The extreme or high risks will require a risk treatment plan to be developed. Risks will change during the life cycle of a mining project. Hence, a reliable monitoring system is also required for compliance.CITATION:Jones, J A, 2012. Mine project risk management, in Proceedings Project Evaluation 2012 , pp 117-122 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 24, 2012