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Project-finance risk assessment is mature and approached systematically. Mining industry due diligence remains fragmented with specialists addressing different aspects of the project such as reserves/JORC, environmental impact, commodity market, even financial analysis/ modelling. Each professional has a natural tendency to believe that the risk factors they have examined are the key ones necessary to be reviewed, as if their review will stand in isolation from others in the way a project materialises. By first laying out the project risk categories and risk matrices, this paper examines the due diligence process with a keen eye to the risk assessment and overlap/interaction. Some cross fertilisation of due diligence techniques from other industry sectors is placed into the mining context. Six case studies are then presented with regards to due diligence features in each projectÆs feasibility review or financial information/ offering memorandum. A power case first shows the differences between the due diligence expectations of banks versus bond financings. Then some Australian and Indonesian mining development cases are analysed to see the due diligence learning points. Some of these were project/due diligence failures. The conclusion focuses on the value of a systematic risk assessment for project evaluation, all from the project-finance perspective.

Jan 1, 2007

By Dif A. E N, Abdalla MH

The effect of multiple tunnels /cavities on the stress and deformation field of the soil media was investigated by using a two dimen- sional plane strain boundary element model. The soil was considered as an elastic, isot- ropic and homogenous media. The interaction of two circular and parallel tunnels/cavities was investigated. Depth of burial, tunnel spacing and surface load width were the system variables considered. The results of this study indicated that the vertical displacements of the soil media increases by decreasing the distance between the adjacent openings, the interaction between the two tunnels/cavities can be neglected for K/D > 5, while the load width has a minor effect except in the dis- tance of D from the center line of the load and for a depth of 2D.

Jan 1, 1987

By Theophili CN, Kapenis AP

Seismic tomographic imaging has been applied to determine the blast induced damage zones in bauxite pillars in underground mining. At the retreating stage, when pillar dimensions are reduced from 8 x 8 m to approximately 5 x 5 m, the' seismic tomographies reveal, through measurements of the P-wave velocities which is a measure of the degree of fracturation of the pillar rock mass, the presence of three zones within each pillar. In the external zone, where velocities recorded are below 750 m/s. extensive pillar damage occurs which is attributed to both the growth and coalescence of pre-existing cracks and even the creation of new cracks in the rock mass. This effect is in agreement with literature, when considering the peak particle velocity as a criterion for rock failure in tunnels. In the intermediate zone, where velocities range between 7S0-1000 m/s, damage to a much lesser extent occurs which is due mostly to growth of pre-existing cracks and widening of their apertures. The inner zone, where velocities exceed 1000 m/s, is considered to be unaffected by blasting. Simple remedial measures of low cost, which are based on blasting mechanics are proposed to minimise the blast induced damage zone and consequently the transition zone.

Jan 1, 1995

By B J. Wilde

Evaluating the resources and reserves in a mineral deposit requires many interdependent subjective decisions. The decision of stationarity is arguably the most important. This decision includes: the choice of domains that subset the entire deposit, modelling the boundaries of each domain, and understanding and considering the nature of the contacts between domains. Reasonable choices are made in consideration of the geological context, the available data, the goals of the study and the available resources for the study. This paper reviews aspects of the decision of stationarity in modern resource assessment with a focus on quantifying uncertainty and using numerical/statistical tools to help the geomodeller. The use of volume/distance functions to quantify uncertainty in domain limits is particularly important and is presented in detail. The use of contact plots provides help with the continuity of grades across domain boundaries. Realisations are not assembled as a branching combinatorial of all possibilities, but as a set of realisations that provide a measure of uncertainty. This paper amounts to a definition of stationarity for modern resource assessment.

Sep 26, 2011

By T Baumgartl, M Edraki, L Huang, D R. Mulligan

"Phytostabilisation with tolerant plant species has been advocated as a cost-effective solution for sustainable cover of tailings from metal mines and bauxite refinery. The development of sustainable plant ecosystems on such wastes requires not only tolerant plant species compatible with local climatic conditions, but also the formation of stable and functional root zones through systematic processes to develop functional soil matrix and horizons (eg A-B-C). However, the process requirements for reconstructing functional root zones in tailings are poorly understood. Based on a review of current literature and industry experience in tailings revegetation, the present paper conceptualises three key phases in the process of root zone development in amended tailings: hydro-geochemical stabilisation resulting from the interactions among tailings characteristics, amendment measures and local climatic conditions the rehabilitation of soil biological capacity the establishment of ecological (carbon and nutrient) linkages between the rehabilitated root zones and the above ground plant communities.Key research is required on: the relationship between hydro-geochemical stability and mineralogy and geochemistry of tailings, in response to rehabilitation treatments under local climatic conditions the relationship between soil biological capacity and hydro-geochemical stability in the root zone the transition of soil microbial communities specific to exogenous organic matters into those required for mineralising litters of in situ plant communities.CITATION:Huang, L, Baumgartl, T, Edraki, M and Mulligan, D R, 2012. Sustainable phytostabilisation of mine tailings - A critical analysis of system requirements and approaches, in Proceedings Life-of-Mine 2012, pp 105-116 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Jul 10, 2012

In 1985 BMR assessed Australia's economic demonstrated resources of mineral sands as follows: rutile 8.0 Mt, ilmenite 41.4 Mt, zircon 11.5 Mt, and monazite 229 000 tonnes. These resources are located along the east coast of Australia, in the southwest corner of Western Australia, and in the Eneabba region, north of Perth, WA. However, over 40% of Australia's rutile and zircon resources, particularly those on the east coast, are presently not available for mining because of environmental considerations. As well, east coast ilmenite has been considered unsuitable for use by sulphate route pigment producers because of its relatively high chrome content. World demonstrated resources of rutile and zircon are estimated by BMR as 29 Mt and 38 Mt respectively. Demonstrated resources of ilmenite amount to about 1 billion tonnes. These occur predominantly in hard rock deposits in Norway, Canada, USSR and China, as well as alluvial deposits in Australia, South Africa and India. Quantitative data for world monazite resources is sparse. However, world production of rare earth oxides is now mainly from bastnaesite, a hard rock resource. Australia is presently the world's principal producer of rutile and zircon, and also provides a major share of the world's ilmenite. With the expected increase in Australia's rate of output of these commodities, combined with restrictions on mining along parts of the east coast, its position could diminish substantially over the next 25 years.

Jan 1, 1986

By Abbott T. M

Alcoa of Australia operates three Alumina refineries in the South West of Western Australia at Kwinana adjacent to the South suburbs of Perth and at Pinjarra and Wagerup in rural settings 100 and 150 kilometres south of Perth respectively (see Figure 1). Alcoa's total alumina production is currently around five million tonnes per annum and this will increase to 5.5 million tonnes by early 1990. Further expansion of production is likely if current world aluminium demand trends continue. Alcoa's refineries utilise bauxite mined in the nearby Darling Range which is low grade by world standards having around 32 % by weight extractable alumina (by comparison Weipa bauxite yields around 55% alumina). This means that for every tonne of alumina produced two tonnes of solid wastes remain and therefore while we in Western Australia can boast of hosting the largest alumina industry in the world with around 18% of total world production we suffer from having the lion's share or 40% of the world's bauxite residues to dispose of. In its Western Australian setting the management of these residues in a manner which is acceptable to the community creates many challenges. These are primarily due to the mass and volume of waste produced, its chemical and physical characteristics and the environmental features of the local area including close proximity of neighbours, competing land uses and the presence of natural resources such as surface water and groundwater. In addition the trend towards more stringent statutory environmental controls and greater political and community awareness of environmental issues means that we must be able to demonstrate improvements that will reduce the considerable adverse impacts of past practices. Of course we must also try to keep the overall cost of residue disposal as low as possible to maintain our competitiveness with refineries which may have much smaller volumes of waste to dispose of and less environmental constraints.

Jan 1, 1989

An empirical method of estimating dense rock (D.R.E.) equivalent volumes erupted as airfall tephra, described in a companion paper in this volume, is elaborated, and its accuracy discussed. Estimates obtained from a single eruption can be classified as to whether they show positive, negative, or constant relative dispersion. For positively dispersed tephras (estimated volumes increasing with distance), this procedure improves the accuracy of the method. The technique is applied to selected andesitic tephras erupted from Egmont Volcano, New Zealand, during the last 28 000 years, which are found to range in volume from about 1.5 x 107 m3 up to about 2.4 x 108 m3 D.R.E. With a factor of about 16 between the smallest and largest volumes, this contrasts sharply with the rhyolite volcanoes in New Zealand, where the difference factor is usually of the order of 100. The largest tephra eruptions at Egmont are small compared to the largest debris avalanches, which have exceeded 1010 m3 (10 km3) in volume.The magnitude versus frequency relationship, calculated using a maximum likelihood method, establishes the limits of eruption magnitude at Mt Egmont as 107 to 109 m3 D.R.E. For some volcanoes, the magnitude-frequency relationship changes with time, owing to clustering of eruptions, separated by long dormant intervals. Ngauruhoe Volcano, New Zealand, is an example. Within eruptive episodes, the mean interval between eruptions of >_ 105 m3 is about 0.9 ¦ 0.65 years. The mean interval between eruptive episodes in which >_ 106 m3 is erupted, including episodes in which this volume is erupted gradually, is about 25.8 ¦ 6.6 years, and the mean dormant interval between all episodes is about 5.2 ¦ 3.0 years. At present Ngauruhoe is in an unusually prolonged dormant period, 50% longer than any in the historical record, since 1839.

Jan 1, 1990

Blast Engineers frequently use the terminology "the blast showed good heave", or even "the heave was better this time". It is reasonably obvious that "good" and "better" are not the best terms to use. It is also noted that any variation in the data can be misleading. The author proposes a more precisely defined and objective set of measures as tried and tested in a project in 1988. Simple objective measurements of a muck pile profile can measure 1. distance thrown 2. spread of material 3. heaping of material 4. skewness, or bias in the heaping 5. rotation of the mass This technique enables one to compare the profiles from different blasts without relying on subjective experience or judgement. Simple, artificial profiles will be presented to illustrate the problems of description; and then application of the measurement techniques to these profies will be discussed with physical interpretations. The mathematical techniques will be presented, and results of the application of the techniques to real data collected during research carried out at Baimsdale in Victoria, will be presented as illustration. The use of these techniques in mathematical modelling will be discussed.

Jan 1, 1990

By Pinter R

Several major routes connecting Northern and Southern Europe or Asia run through Austria. These highways have to surmount the alpine range which traverses Austria from west to east. In order to ensure safe driving conditions even in winter, tunnels, at times quite long ones, are necessary. Austria now has tunnels totalling 160 km in length. These tunnels are either already in use or just about completed. The Plabutsch tunnel near Graz will be one of the longest tunnels in the world: approximately 10 kilometers in length. It will be put into operation in the summer of 1987. Before construction could begin, soil and rock conditions had to be investigated by means of a test tunnel. Afterwards, excavation was begun to the full 100 m' cross section. The new Austrian tunnelling method with conventional blasting was used for the major part of the tunnel. It was necessary to have such a large tunnel cross section because a fully transverse ventilation system is installed for environmental reasons. In order to avoid air pollution from the tunnel, exhaust fumes are not allowed to escape from the tunnel portals but from two shafts, each with a diameter of 8.5 m. In this way, exhaust fumes must rise 90 meters or 240 meters before they reach the open air and will thus not affect the city. The ventilation system influences the size of the excavation, and especially the size of the ventilation caverns and the air shafts. All these factors directly influence construction and maintenance costs, and an economical optimisation leads to the appropriate dimensions for the excavation.

Jan 1, 1987

By H Mischo, G Barakos, J Gutzmer

The continuously growing demand for rare earth elements (REEs), in combination with the crisis of 2009 and the price spike of 2011, has initiated a treasure hunt for rare earth deposits all over the world in recent years. Since then, commodity prices have declined and are now quite stable, yet the world is still dependent on China’s dominance of the market and its export policies. Exploration is unremitting and numerous resources of potential interest have already been revealed in many countries; however, proceeding to mining operations is not that simple, especially when it comes to the exploitation of rare earth deposits. Evaluating the feasibility of a mining project is always a unique, sensitive and rather complex process that depends on multiple criteria.This paper focuses on clarifying the present and future global situation in the development of respective deposits and on identifying rare earth-specific criteria that influence the overall feasibility assessments of any potential (especially underground) mining projects. Environmental impacts, legislation issues and the presence of radioactive pollutants are some of the notable boundary conditions that govern rare earth mining operations and need to be taken into consideration. Furthermore, the balance problem between the supply and demand of the different REEs can determine decisively whether a deposit of specific REEs is economically exploitable. For this reason, evaluations are made regarding the future strategies to be enacted in order for the rest of the world to detach itself from this situation. The ultimate goal of these evaluations is for them to be incorporated in an overall assessment tool for rare earth underground mining procedures that will be implemented in real case studies to determine their sustainability.CITATION:Barakos, G, Mischo, H and Gutzmer, J, 2015. Status quo and future evaluations of global rare earth mining (with respect to special rare earth element-industry criteria), in Proceedings Third International Future Mining Conference, pp 21–30 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 4, 2015

By P Breuer, D J. Robinson, A McFarlane, L L. Kuhar

Increasing global demand for commodity metals and capital and the greater operating costs of mining and metal production present significant challenges for the metals mining industry. Current conventional technologies may not be feasible for processing deposits of declining grade, challenging mineralogy or those that occur at increasingly greater depths. To overcome these issues, the development of a step-change technology such as in situ recovery (ISR), which reduces mining and avoids milling costs, may be vital in ensuring future economic metal production. ISR has been used extensively to treat porous soft rock deposits such as the water-soluble salts, sylvite and halite. Although ISR has typically been used for mining conventionally uneconomic uranium ores, it has also been used less frequently for the treatment of other restricted permeability hard rock deposits, such as those containing copper and gold. The reason for the limited uptake of the technology for hard rock mineralisations is primarily due to low natural rock porosity and permeability and hence poor response to available lixiviant. However, additional challenges include solution containment, management of groundwater and regulatory, ecological and societal requirements and expectations. CSIRO has focused on understanding the challenges of hard rock ISR and identifying global capabilities that can contribute to developing the essential enabling technical areas required to realise ISR. Specific focus areas include geochemistry and advanced resource characterisation; drilling and controlled rock-breaking technologies; solution chemistry and environmentally benign lixiviant systems; lixiviant delivery systems and ‘subsurface mixing’; subsurface hydrology and reactive transport mechanisms and models; downstream processing options; legal, social and environmental aspects; and techno-economic modelling. This paper will discuss ISR challenges including industry feedback focused on addressing this issue, gaps preventing ISR from being applied in practice, capabilities to overcome these gaps and the development of a collaborative approach to making hard rock ISR a reality.CITATION:Kuhar, L L, Breuer, P, Robinson, D J and McFarlane, A, 2015. Making hard rock in situ recovery a reality, in Proceedings Third International Future Mining Conference, pp 189–196 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 4, 2015

THE area of the State of New South Wales is not great, nevertheless it has very large and important Mineral Resources. This is the more noticeable when the values of the annual mineral production from the individual States of the Commonwealth arecompared with the value of the New South Wales production. The principal minerals mined now are not gold, copper, and tin, as they were in the early years following the gold rush of 1851, the centre of gravity of commercial mineral activity having moved to coal and "oil-shale," water, limestone (with cement), silver-lead-zinc cadmium, sulphur, slate and other building and ornamental stone, road materials, and clays.From small areas totalling only 650 sq. miles, coal to the extent of 311,000,000 tons, valued at £151,000,000, has been won.The estimate of actual and probable reserves by the Mines Department within an area of less than 1000 sq. miles is about 14,000,000,000 tons, while the potential reserves within the remaining 15,500 sq. miles of concealed coal fields must be enormous. Even taking into account only the actual and pI:obable reserves in the 1000 sq. miles known, and assuming a depletion at the rate of 350,000,000 tons a year, or somewhat greater than that of the British Isles at present, and assuming an average value of £1 a ton, with money at 5% compound interest, then the present value of this coal (40 years of depletion) would be £5,575,000,000 approximately: truly an enormous present value for a business of 40 years, dealing only with 1000 sq. miles of country. The location of the main coal basin in New South Wales is one of great strategic importance. It lies almig and near a seaboard, with excellent facilities for anchorage; the coal is of very high quality, and is readily accessible; the climate is admirable. Were this same coal at Port Darwin, its commercial importance would not be be pronounced.

Jan 1, 1926

The Boddington Gold Mine orebody is a large tonnage, low grade gold deposit located within the Archaean Saddleback greenstone belt within the south-western region of Western Australia. The orebody consists of laterite caprock (30 per cent) and clays (70 per cent) produced by lateritisation of felsic volcanics and intrusives. The caprock comprises gravel, hardcap and B-zone which have a specific gravity of 1.8, 2.4 and 1.8 respectively. The clay has a specific gravity of 1.5.

Jan 1, 1993

By Blockley J. G, Laeter J. R

The history of the Ph-Cu-Zn mineralisation in the orthampton Block of Western Australia has been further investigated. It was hoped that (1) Rh-Sr studies on partially-remelled granulites, wall-rocks to the dolerite dykes, should date the dolerite intrusion, (2) Rh-Sr data on hydrothermally-altered dolerite should date the sulphide mineralisation, (3) Pb model ages on the galenas might provide an independent dating of the mineralisation, in addition to any geochemical information that might be derived. Only the second dating aim was fulfilled, but the Pb isotope data, when combined with the Rh-Sr data, have permitted deductions about U, Th and Pb abundance changes during the regional metamorphism, and about a possible source of the ore Pb. In detail the following has been found. (1) The partially-remelted granulitic wall rocks yield a scattered whole-rock Rh-Sr isochron which seems not to have been reset by the dyke intrusion (age 1037 ± 146 Ma, with initial Sr ratio 0.7171 ± 0·0054, MSWD = 111). This date agrees well with that reported previously for granulites from another locality; together theyestablish the time the metamorphic period closed. (2) The hydrothermally-altered dolerites yield a Rh-Sr whole-rock date 434 ± 16 Ma, with initial Sr ratio 0.7072 ± 0·0029 and MSWD = 31, taken as referring to the time of Ph-Zn mineralisation. This contrasts with a report of much older palaeomagnetic and K-Ar datings of the dolerite (not less than 550 Ma, possibly older) and suggests that neither the dolerites nor their heat have had any connection with the mobilisation of the Pbscavenging solutions. (3) The Pb isotope ratios of galenas from the ores yield a well-correlated regression which is not amenable to any of the model-age calculations. (4) The Pb-isotopic trends negate any genetic connection between dolerite and mineralisation, but the country-rock granulites could be the Pb source. (5) Combination of the Rh-Sr dates and the Pb data in a "simultaneous isochrons" construct permits the inference of major losses from the system during the regional metamorphism, in the order U>Pb>Th, with substantial homogenisation of the remaining Pb. This left a wide range in local UlPb and Th/U among the source rocks which eventually were scavenged by the mineralising solutions. (6) These geochemical deductions are shown to be compatible with previously-published information on the abundance ofU and Th in the Northampton Block granulites, which are thus seen to be credible as source rocks for the ore lead.

Jan 1, 1985

By Woodhouse M, Drew GJ, Andrews DL

The Honeymoon nickel sulphide deposits are located 45 km south of Wiluna in the 2.7 Ga old Agnew-Wiluna greenstone belt in the NE of the Yilgarn Craton (Figure 1). Both disseminated and massive nickel sulphide deposits are present within the deformed and metamorphosed Honeymoon Well ultramafic complex and are hosted by distinctly different komatiitic lithologies (Gole et al, 1996). The deposit styles and host rock lithologies reflect formation in markedly different volcanic settings. Metasomatism has affected parts of the ultramafic complex, including sections of the sulphide deposits, and has had a marked impact on mineralogy and bulk sulphide compositions. The present indicated resource is 158 Mt at 0.71 per cent Ni in four deposits (0.4 per cent Ni cut-off, resources above 300 m depth, December 1995). This includes a massive sulphide resource of 2.5 Mt at 3.36 per cent Ni.

Jan 1, 1996

The recovery of Copper by solvent extraction was arguably the most significant hydrometallurgical development of the 1960's. However, only dilute solutions at relatively high ph. could be treated effectively. ICVAcorga introduced in the 1970's the much stronger salicylaldoxime based reagents, which resulted in a dramatic change in plant configurations. So for example plants which normally use 3 extraction stages and 3 stripping stages could be reduced to 2 + 2 staging or 2 + 1 staging, even for high copper tenors at low ph. Leach liquors up to 40 g A copper are being treated at some locations so that almost any copper bearing liquor can now be purified by solvent extraction. Following a considerable amount of research and development effort ICI/Acorga have made further significant advances in the application of copper solvent extraction. The first of these is in computerised flowsheeting. In conjunction with ICI's Process Technology Department, Acorga have developed the Minchem Computer program, which uses laboratory generated equilibrium data to facilitate optimisation of metallurgical operating parameters. The program can operate in two modes, prediction and assessment so that given suitable extract and strip isotherms plant performance can be predicted for a given set of conditions. Alternatively existing plant performance can be assessed rapidly and accurately, thus providing a valuable quality control tool. Pilot plant work can now be restricted to evaluation of the physical aspects of the SX circuits, and to looking for the unexpected. Secondly using the patented 5-Nonyl Salicylaldoxime in precise admixture with a number of carefully selected strip modifiers, the Acorga M-range has resulted. Reagent selection from these new extractants can now be based on how the reagent can alleviate the remaining problems such as hydrolytic stability, transfer of iron, and organic losses by entrainment which may be related to particular features of the operating plant. Thus the Acorga M-range has enhanced and significantly extended the use of solvent extraction for copper, whilst refinements in the processing of metallurgical data has considerably simplified circuit design and analysis of results.

Jan 1, 1989

The Escondida Porphyry Copper Deposit, located in Chile's II Region 160 Km to the southeast of the city of Antofagasta, is currently owned by Minera Escondida Limitada, a company comprising The Broken Hill Proprietary (57.5%), Rio Tinto Zinc (30%) a group of Japanese companies represented by Mitsubishi Corporation (10%), and the International Financing Corporation of the World Bank (2.5%) (Fig.l)By 1983, most of the reconnaissance drilling was completed and prefeasibility studies were regularly updated as new drilling results were reported and project concepts re-evaluated (Fig.2). In October 1982 the project was transferred from Exploration Management to Operations. By the end of 1984 project pre-development activities, including inpit development drilling, geological exploration, water resource definition, an underground bulk sampling program and the initial project feasibility report, were completed.

Jan 1, 1990

By Bishop I, Toon S

To determine whether 130 felt earth tremors around Edwinstowe, Nottinghamshire U.M, which also experienced severe surface fissuring, were caused by coal extraction, a surface seismometer array was established around Thoresby Colliery. Over the next year, 785 microseismic events were detected. The spatio- temporal seismicity patterns are clearly associated with the commencement, continuing extraction and closure of faces. Of particular note are events which locate at the surface and appear to be related to the active fissuring. Events occur within days of commencement of production and cease when production finishes, with good correlation between face advance and hypocentral position. Naturally occurring microseismic events have also been detected up to 1 km ahead of active longwall faces in the Midlands using triaxial geophone packages grouted into the seam together with a surface seismometer in the top of the borehole. The quality of these data were very high and guided waves can clearly be seen with the dispersive characteristics associated with seam waves. In one experiment more than 2000 events were detected in only two days of monitoring even in a relatively noisy surface environment. This paper demonstrates how very accurate locations (5 10 metres) can be generated using three-component digital data from only one borehole. The surface seismometer and the borehole P-wave onset can give extra precision for the height of the event relative to the seam. The event distributions give a dynamic, three-dimensional image of the developing patterns of fracturing above, below and ahead of the longwall face with important implications for roof control, subsidence prediction and gas Migration.

Jan 1, 1992

Robe River Iron Associates (RRIA or Robe) is widely regarded as the worldÆs most cost-effective, consistent and reliable supplier of iron ore. It has been in operation since 1972 and globally is the fourth largest seaborne trader in iron ore exporting 25.5 million tonnes of -9.5 mm sinter fines and 4.5 million tonnes of pisolite lump (-31.5 +6.3 mm) during 1999. Robe is a joint venture that controls major iron ore resources in the Pilbara region of Western Australia. ItÆs participants are North Limited with an interest of 53 per cent (65 per cent including minority interests) and Japanese companies Mitsui (33 per cent), Nippon Steel Australia (10.5 per cent) and Sumitomo Metal Australia (3.5 per cent). Robe River Mining Co Pty Ltd manages the project which is a subsidiary of North Limited and Mitsui.

Jan 1, 2000