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By O C. Aitken

Mining project developers are committed to taking on all the challenges and obligations of financial risk management. It is interesting that our current models of project finance have not changed markedly in principle for some 700 years, yet the rules which prepare the way for effective project assessment and subsequent loan management still do not seem to be well understood by project or corporate developers. Probability and gravity fill the opposing trays of the golden balance of financial risk. Understanding the relationship between these opposing, but intimately related elements is critically important for successful risk management. It is important to move beyond the qualitative approach and use quantitative methodologies to measure the financial impact of the occurrence of each major risk. We live in a world where the only constant is change and thus it is not surprising that a bankerÆs life is still governed by assessing, measuring and pricing risk. Banks are attracted to funding well managed companies with strong cash flow projects. But we are more risk averse compared with the credit appetites of late last century. This attitudinal shift has resulted in tougher term sheets for the early 21st century, encompassing more conditions, warranties, undertakings and stronger cash sweep provisions. Banks require well balanced portfolios to achieve an acceptable spread of risk, thus there is a more restricted market for small company lending than that available to large multi-project corporate entities with less concentrated risk profiles. Because of this focus, junior company debt finance remains comparatively expensive and especially so for more challenging geographical and political environments.

Jan 1, 2004

By J A. Sanchidrián

The general ranges of validity of some distribution functions are assessed from their behaviour with 119 sets of fragmentation data from bench blasting obtained by sieving. The emphasis is on determining the lower size/passing limit that the size-scaled Rosin-Rammler, Grady and Swebrec functions, and their bi-component versions, can represent with reasonable precision. By fitting these functions to the data using different weights, the accuracy of the fit varies in the different size/passing zones, so that an overall knowledge of the capacity of the function is obtained across the whole size range, from the coarse zone to the fines. Reasonable ranges of use of bimodal Rosin-Rammler and extended Swebrec (all of them five-parameter, bi-component distributions) are, in terms of percentage passing p, 99 > p > 2 per cent (up to 100 per cent for the extended Swebrec), or 90 > p > 0.5 per cent, in which the expected error of the calculated size is below 15 per cent in the extremes of the range, and less than five per cent in most of the central range; maximum errors (ie errors that will only rarely be exceeded) are typically less than 50 per cent in the central range, and up to about 100 per cent in the extremes. Ranges of use for the Swebrec and the size-scaled Rosin-Rammler (three-parameter distributions), with only slightly larger errors than the bi-components, are 100 > p > 5 per cent or 80 > p > 2 per cent. The classical two-parameter Rosin-Rammler can be used in the range 95 > p > 20 per cent or 90 > p > 10 per cent, with expected and maximum errors less than about 15 per cent and 100 per cent respectively.CITATION:Sanchidrián, J A, 2015. Ranges of validity of some distribution functions for blast-fragmented rock, in Proceedings 11th International Symposium on Rock Fragmentation by Blasting, pp 741–748 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 24, 2015

By I Lourel

In evaluating the installation of an in-pit crushing and conveying (IPCC) system for any mine, a number of options are available for each of the dig side, transport and dump side operations. Some of them are moreappropriate than others; given the pit arrangement, the material being handled and the rates at which it needs to be moved. This paper seeks to document the options that might be employed, and to rank them in terms of their applicability at any mine and their practicality overall, with a view to nominating those that would be most suitable for further study.

Jan 1, 2009

By P Craig, I Canbulat, J Naylor, J Emery, A Sykes

Longwall mining is by far the most common method of underground coal extraction in Australia. Industry trends and expectations are placing increasing emphasis on the reliability and productivity of these operations. Longwalls are becoming wider and longer while retreat rates are continuously increasing due to significant improvements achieved in longwall equipment reliability and automation. This increased longwall productivity is placing significant emphasis on the reliability of longwall panel development.Although there have been significant improvements in the reliability of continuous miners and hydraulic drill rigs, the traditional resin-encapsulated bolt installation is still the principal method used in all major coal producing countries around the world. Anglo American realised that an opportunity existed to introduce an alternative roof bolt installation technique called ‘spin-to-stall’ (STS) into Australia. STS was first introduced by Anglo American Coal in South Africa, where it has been successfully used for over a decade, though implementation of South African STS resin in Australia has proven to be near impossible. Therefore, a new STS development project was initiated between Anglo American Coal and Jennmar Australia. This paper summarises the journey of this project, the results achieved and the successful implementation of STS at Grasstree mine.CITATION:Emery, J, Canbulat, I, Craig, P, Naylor, J and Sykes, A, 2014. Development and implementation of spin-to-stall resin at Anglo American’s Australian Underground Coal Operations, in Proceedings AusRock 2014: Third Australasian Ground Control in Mining Conference , pp 287–294 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 5, 2014

The Pilbara region, located in the north-west of Western Australia, is significant as the second-largest source of iron ore on the planet. Iron ore mines owned and operated by Pilbara Iron are located within the Hamersley Basin. This paper refers to the Greater Paraburdoo mines, the 4WEST and 4EAST pits, located on the southern margin of the Hamersley Basin. The groundwater model refers to ephemeral watercourses: Seven Mile and Pirraburdoo creeks, which are adjacent to the two pits, and Ratty Springs, located upstream from 4WEST and within Pirraburdoo creek. The spring and creeks hold cultural heritage significance for local Aboriginal communities. Two of these, the Gobawarrah Minduarra Yinhawanga (GMY) and Innawonga native title claim groups, initiated hydrological work on the two creeks and Ratty Springs, with the aim of determining the affects of dewatering on the natural water flows of these systems. The numerical model used to simulate drawdown in the Pirraburdoo and Seven Mile Creeks was derived from PMWIN Pro software and covered an area of 77 km2. The modelling period was from January 1998 to December 2004, and the prediction period was from January 2005 to December 2015. The model has four layers and incorporated effects caused by mining voids, 4WEST and 4EAST pits, creek bed material, weathered bedrock below creeks and surrounding banded iron formations (BIF). The model has been calibrated using the trial-and-error method set down by Middelmis et al (2001). The current dewatering schedule (12 ML/day) in the 4WEST and 4EAST mining areas does not affect the water table levels in the adjacent creeks significantly or for any considerable periods of time. However, changes to mine plans may occur, for example, in response to changed commodity price and may lead to significant increase in rates of vertical advancement. This, in turn, affects dewatering schedules, as greater vertical advancement requires increased dewatering effort. When an accelerated mine plan is applied to the model and dewatering rates increased to 18 ML/day, drawdowns in the creeks are more noticeable. The model has therefore helped to indicate the extent to which increased dewatering rates may be acceptable, especially in terms of immediate and longer-term damage to riparian species, ie Melaleuca and Eucalypt. Predictions from the model may also allow mine planners to schedule decreased rates of vertical advancement, where these are required to meet environmental constraints.

Jan 1, 2006

By Yanske TR, Lane WL

The Doc Run Company and its predecessors have been mining for over 130 years utilising the room and pillar mining method. This method has left approximately 20 per cent of the orebody in the remaining pillars. The original design and planning for the mines did not include extensive pillar extraction. This paper summarises the introduction of the pillar extraction and backfill techniques which have been implemented since 1991. These techniques include the use of low cost fill walls up to 20 in in height and the use of stinger trucks for topping off the fill. In conjunction with these accomplishments, much experience and confidence has been gained in the use of numerical modelling as a method of predicting pillar stability as the mining of pillars progresses. These advances have led to pillar extraction hecoming a major portion of the overall production and have added to the mine life of Doe Run's six operating mines.

Jan 1, 1998

By W Mahoney, F Clement, E Saraiva

Prefabricated waterproofing sheet membranes are extremely complicated to install in underground sections with complex geometries and, despite being already subjected to quality tests in the factory, the installed membrane often exhibits leakages due to different reasons. Main sources of leaks are the required high amount of welding seams and damages caused during installation of reinforcement, as well as overstretching and poorly installed secondary concrete linings. Also the design of the tunnel lining is strongly influenced and limited by the use of prefabricated waterproofing sheet membranes. The use of sprayed waterproofing membranes for more than a decade has contributed to durability and serviceability, as well as to increasing sustainability of tunnel linings. The presented sprayed waterproofing membrane MasterSeal 345 is an advantageous alternative to prefabricated waterproofing sheet membranes under typical tunnelling conditions, especially in geometrically complex areas, such as in lay-by niches, cross passages and crossover caverns, where installation of conventional waterproofing membranes is inherently difficult, and locating leaks is challenging. This membrane has been successfully used in underground projects with different waterproofing design concepts and under diverse hydro-geological and environmental conditions for over a decade. It provides tunnel designers with different options and optimisation for the design of the tunnel concrete lining. Additional advantages to owners, contractors and designers from the use of the sprayed membrane include flexibility in the design, increased productivity and flexibility in working programming, as well as improved logistics, resulting in significant program and cost savings and reduced long-term maintenance costs. This paper describes the key features of this sprayed waterproofing membrane, its application range and limitations, the waterproofing concept, design options and related benefits. Further, guidance for membrane application and quality control and a summary of two recent project references in the United Kingdom and in Switzerland are provided.CITATION:Saraiva, E, Clement, F and Mahoney, W, 2014. The use of sprayable waterproofing membranes in underground structures – concept, design options, benefits and limitations, in Proceedings 15th Australasian Tunnelling Conference 2014 , pp 323–332 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 17, 2014

By V Gupta, Z Huang, S K. Biswal

G-Cell is a new design modification of the Imhoflot pneumatic flotation technology, which utilises a self-inducing aerator inside a downcomer, where bubble-particle attachment takes place. The present study has investigated the suitability of the G-Cell technology for cleaning fine coal using a 0.8 m diameter prototype unit at a coal preparation plant operating in the Midwestern United States. A slip-stream obtained from the overflow of raw coal cyclones operating in the plant, containing nominally minus 150 micron size particles and having ash content in the range of 40 per cent to 50 per cent and sulfur content in the range of 1.30 per cent to 1.50 per cent, has been used as the feed for the G-Cell. The performance data produced from the G-Cell tests are found to be very close to the ideal performance curves produced from release analysis. A statistically designed experimental program has been conducted to investigate the parametric effects on various key process responses, such as combustible recovery, product ash and sulfur rejection. The empirical models developed in this study have been utilised to identify a suitable experimental region for achieving a desired combination of response targets.

Jan 1, 2005

By Q Wang

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

Sep 26, 2011

By S Chaudari, T Ren, T Harvey

Management of respirable dust on longwall face remains a challenging issue for mine operators, particularly for the new generation of thick seam longwalls. A fundamental understanding of the airflow behaviour around the shearer is critical for dealing with the dust control issue on longwall faces. Computational fluid dynamics (CFD) modelling techniques have been used in this study to conduct a detailed investigation of the air and respirable dust flow patterns around the longwall shearer. Three CFD models have been developed to represent different longwall cutting heights. The results of these modelling studies tallied well with field measured airflow data from different mines. The validated thick seam longwall face model was then used for detailed parametric studies to simulate the effect of various parameters and dust control concepts. The dust control options investigated include various spray configurations, shearer clearer, modified cutting sequences and shearer scrubbers of various capacities to minimise the respirable dust migration towards the walkway area of the longwall face. This paper presents a summary of the results of these CFD modelling investigations.

Jan 1, 2005

By J P. Evert

Didipio gold-copper mine operation is situated in the island of Luzon, approximately 270 km north of Manila in the Philippines, in an area of high seasonal rainfall. The hydrogeological water flow model implied that there would be high connectivity between regional structures and underground operations. This model predicted that underground mine groundwater inflows were expected to quickly rise as the decline progressed to a peak of 510 L/s. Designing a capital pump station to deal with 510 L/s has its own challenges, however developing the decline down to the required level, always dealing with 300 L/s of water and constructing the pump station is extremely challenging and required a robust water management plan and mine design. When dealing with expected high volumes of water, underground mine design and scheduling plays a key role in protecting electrical infrastructure, equipment, secondary pumps, and the decline from flooding. A good drainage system and controlled dewatering plan is essential for safety and progress. This paper details the dewatering techniques and mine designs required to accomplish decline development with high water inflows as used in the Didipio project. It will describe the learnings and outcomes that are achievable with a flexible design, as new structures are mapped, and water intersections are increased. It also highlights the potential for adaptability in mine planning to provide evolving improvements or to evade problems that are expected from the constant reconciliation of data recorded during development.

Mar 29, 2023

By D Teyhan, J Kirsch

Traditionally, most Australian iron ore mining operations have been surface-based. Processing plants were designed to handle dry ores. In recent years mining operations in the Pilbara have progressively moved below the water table exposing wet, sticky ores which have caused lost efficiency in screening operations as particles tend to agglomerate and adhere, blinding screening media. Miners and vibrating screen manufacturers have experimented with a shift from linear motion to elliptical motion screens. Elliptical motion conveys and lifts particles. Effective on flat deck (horizontal and inclined) or sloping decks it can be configured to provide a controlled transport rate, applying pressure in all directions to maximise screening efficiency. In practice, elliptical motion screens have proven to be effective in dislodging sticky particles from screening media, reducing blinding rates and improving screen efficiency. Moisture and clay content change during the life of a mine. These changes are sometimes the effect of seasonal rainfall, in other cases due to increased groundwater and clay content as mining operations go deeper. To compensate for such changes and optimise screen efficiency, changing the ‘shape’ of elliptical screen motion is required. This has traditionally required shutting down processing plants and making mechanical screen adjustments. Plant downtime is costly and machine adjustment has been a ‘trial and error’ practice. This paper will explore the results of a field trial that is currently underway in Brazil of a next generation elliptical motion screen design that allows operators to make changes to exciter rotational direction, speed and screen stroke angle, through electronic drive phase control. The machine’s electronic drive system synchronisation is enhanced for stability with a unique mechanical timing system. Operating at up to 6 g, screen adjustments can be made on the fly without stopping production. Early trial results are showing up to 50 per cent improvement in screen efficiency compared with traditional elliptical motion machines under certain feed conditions.

Aug 24, 2022

By P Taskinen, D Lindberg

The increase in metals demand in the electrifying globe means significant growth in the smelting of copper, nickel, zinc, and lead, produced from primary sulfide sources or using sulfide mattes as the intermediates of the process chains. This means that leaner and complex mineral deposits will be evaluated as ores and are in the future traded in the commodity market for smelting and refining to pure metals. An important issue in the trend is the technology metals, like antimony, tellurium, and gallium, which exist as trace elements in sulfide ores and form no ores of their own. Their recovery becomes important in the coming decades as will be the case with growing slag amounts without use in other industries. The key is to produce environmentally acceptable slags in the smelting operations. It sets new boundary conditions to the treatment of flue dusts. This means that all material streams of smelting and refining must be re-evaluated for the deportments of the main and minority metals. In copper smelting, the recoveries of precious metals are today important for the feasibility of the custom smelters but due to low prices of many minority metals they are discarded in slag landfills. It is one of the emerging issues also in the secondary copper smelting today and once the demand grows, the same question will be faced also in the mining-beneficiation-smelting-refining chain of the primary production of nickel, zinc, and lead. The distributions of many technology metals in the copper and nickel smelting have been recently studied using methods where the chemically bound trace elements in the slag and its phases at the smelting conditions have been studied. Thus, the key data about options for process modifications and additional processing steps are piling up. Short processing routes in the metals smelting and refining are attractive due to their simplicity. At the same time, complexity of many raw materials challenges the fluxing at high oxygen partial pressures in low silica slags with high metal concentrations. The compromise between high primary recovery and safe operation is a demanding task in conditions where slag foaming outside the processing window is evident. The increase in the demand of pure nickel is challenging the raw material basis where low-grade sulfide ores are soon smelted along with nickel laterites to matte. It is a demanding task at high MgO concentrations. The low solubility of MgO in iron silicate slags requires new fluxing strategies and new smelting end points for the operation at reasonable temperatures; the direct nickel matte smelting in one-matte mode may be an option.

Aug 21, 2024

By D Reid

Many of the relevant engineering behaviours of tailings are controlled to a large degree by the density of the material. For example, loose tailings are prone to brittle strength loss, while dense tailings are dilative (i.e. gain strength) at large shear strains. The critical state framework has been successfully developed over the past few decades to assess whether in situ conditions are contractive or dilative, and estimate relevant engineering parameters on that basis. Tailings comprising primarily silt-sized particles, when subaqueously deposited, often form a particularly loose state compared to subaerially deposited material of similar index properties. Such subaqueous deposition occurs in the decant pond area, where the tailings typically pluviate in quiescent conditions within a pond of standing water. Silt tailings deposited in such a manner have been observed to be extremely loose in a number of TSF investigations. Of particular concern, the deposited material in such cases appear to be significantly looser than can be reproduced in the laboratory - even using moist tamping, the sample preparation method which can usually produce the loosest samples possible in laboratory conditions. While the loose density of subaqueously deposited silt tailings is clear, in a well-managed upstream-raised TSF the decant pond is usually small and far from the perimeter embankments, however there are a number of examples where the engineering performance of such materials becomes relevant – for example, when historical deposition practices were poor, resulting in subaqueous deposition near the perimeter embankment. This paper outlines the geotechnical characterisation of a number of such subaqueously-deposited zones, compares the in situ state to that achievable in the laboratory, and discusses options for assessing the expected engineering performance of such materials when comparable laboratory tests are unavailable.

Jul 1, 2021

Societal influences, needs, and uses for recyclable materials are becoming increasingly important business and economic factors in the traditional natural resource companies. Several metals (such as steel, aluminium, zinc, lead and cadmium) are amenable ro recycle which eliminates solid waste generation and decreases the depletion of natural resources. In recent years, the non-ferrous industries have begun to recycle more materials and the next decade will see even larger recycle efforts. In addition to the traditonal recyclable materials, existing metallurgical plants are, or should be, able to handle and recycle materials viewed as 'hazardous'. Unfortunately, some national and regional regulations hinder, and in some cases prevent, the recycling of certain materials. Zinc Corporation of America (ZCA) is currently the largest producer of zinc metal in the USA and one of the world's largest producers of value-added zinc products. Over the last few years, ZCA has become one of the world's largest recyclers of zinc from various diverse materials. ZCA considers these recyclable materials as valuable 'land mines' that provide economic alternatives to the depletion of natural resources while serving society in the minimisation of solid waste disposal. Using the current production facilities of ZCA as a model, this paper overviews the recycling of zinc-bearing materials with special emphasis on: 1. the amenability for recycle within ZCA's pyrometallurgical and hydrometallurgical operations, 2. the quantities and economics of recycle, 3. the problems of recycling hindered by current national and regional regulations, 4. the concepts of total recycle rather than just recovering zinc while generating a modified solid waste, and 5. the motivators for recycling.

Jan 1, 1993

By B Vietnieks, N Widmer, L White, E Tata, J Natukunda, D C. Ilouga, J P. Tyler

The Republic of Uganda aims to exploit its’ significant, un-developed iron ore resources to supply the required raw material for developing its’ iron and steel industry across all the stages of the supply chain. Large prospects of iron ore exists in Uganda in the eastern (Tororo) regions and southwestern (Kisoro-Kabale) regions of the country. The Kisoro-Kabale iron ore projects covers mineralisation in hematitic banded iron formation (itabirite) in the north-eastern Congo-Tanzania Craton; covering ten Iron ore prospects. The prospects include Kamena, Karukara, Nyamiringa, Kyanyamuzinda, Rugando, Katagata, Rwengongo, Kijuguta, Kihumuro and Katuna. High-grade hematite ore prospects in south-western Uganda have known grades ranging from 55 per cent to 68 per cent iron ore content with an exploration target estimated at over 500 million tonne (Mt). Small scale production of iron ore from the south-western regions provide raw material to existing steelmaking and direct reduction iron ore plants located in the Jinja and Iganga districts of eastern Uganda. Large quantities of iron ore and other steelmaking raw material, however, are required to be imported into Uganda due to the limited exploration and development of their own iron ore mining operations. A joint collaboration between the European Union (EU), the Department of the Geological Survey and Mines (DGSM), Ugandan Ministry of Mines in partnership with Australian drilling and mining consultancies, ADT Africa and Kalem Group as a EU funded project was undertaken during November 2022 and September 2023. Exploration and evaluation of the ten iron ore prospects in south-western Uganda was undertaken through geological mapping, drilling, assaying, and technical studies with the view to attract investment for the development of Uganda iron ore mining and steelmaking industry. The collaboration developed mineral exploration policy, guidelines and standards, an iron ore exploration manual, a geological data management policy, and to support the sustainable development of iron ore mining in Uganda through building the capacity of local Ugandan geology and mining personnel through the transfer of knowledge and expertise from experienced iron ore experts. The quantification of these resources is an important first step in assessing their economic potential and attracting mining investors. This paper presents an overview of the investigation program and the preliminary results as an important first step in attracting mining investors to this exciting new iron ore province.

Sep 18, 2023

By G P. S Resende, D E. G Oliveira, E A. S Baeta, T F. Bravin

There is currently in the mining industry, as well as in other industries, a movement seeking to increase investments in decarbonisation processes to help combat global warming. Among some initiatives taken is replacing diesel-powered mobile equipment in the mines with electricity-powered equipment, such as electric off-highway trucks or even belt conveyors in the mining operation. Samarco is a Brazilian mining company that since its conception has used a conveyor belt mining system in its mining operation, using only a small number of trucks to complement the mining process. This mining process that combines conveyor belts and trucks has brought environmental gains for the company since the environmental impact of conventional truck-only mining is greater than that of the combined system. To measure these gains, a medium-term mining plan was developed in which two fleet scenarios were detailed. One scenario contemplated a high level of detail of belt mining seeking its maximisation, while the other considered the operation performed 100 per cent by trucks, eliminating the use of conveyor belts. Through the comparison of these two scenarios, it was possible to make an inventory of atmospheric emissions and greenhouse gases for each one of them considering data such as types of equipment, diesel consumption, total distance travelled and energy consumption. The results showed that the fleet scenario with conveyor belts results in periods with up to 15 per cent less greenhouse gas emissions and 37 per cent less total particulates compared with the truck-only scenario. Therefore, the results confirm the environmental benefits of the method and the need to look for ways to even expand it in future operations through a study to identify the potential areas in the long-term mining plan.

Sep 18, 2023

By A E Reschke

The high-shear colloidal mixer is generally recognised as the most efficient method of mixing cement based grouts. Only recently however has this technology been applied to the production of cemented rockfill (CRF) for use in underground mines in North America. Traditionally, paddle type mixers have been used to produce the cement based slurries required for the preparation of CRF. While considerable success has been achieved with these mixers, tremendous advantages are attained with the colloidal mixer. The combined effect of the highly efficient mixing action and the ability to mix low water/solids ratios, allows for reductions in the cement content for a given strength requirement. Cement can also be replaced by cheaper fillers such as flyash, resulting in further cost savings. Although large-scale dedicated CRF hatching plants are typical, there is a growing need for mobile plants capable of operating anywhere underground. The compact size and rapid hatching speed of high-shear colloidal mixers has allowed them to be incorporated into skid mounted systems capable of producing and discharging cement based slurries onto rockfill aggregate for the production of CRF. In many cases run-of-mine development waste can be used as CRF aggregate with these slurry plants thereby reducing the cost of waste rock removal. These relatively low cost portable plants have now allowed several mines to economically rccmer isolated pillars and realise positive returns on their investment.

Jan 1, 1998

By Giles D, Wegmann D

The Mt Todd Gold Project is located 42 km northwest of the township of Katherine within the Northern Territory of Australia. It is situated in the southeastern portion of the Pine Creek Geosyncline. The Batman gold deposit, the largest of several deposits at Mt Todd, hosts an identified mineral resource of 92.9 million tonnes (Mt) grading 1.4 grams/tonne (g/t) as at 31 December 1993. Host rocks at Batman are assigned to the Early Proterozoic Burrell Creek Formation, comprising greywacke and siltstone interbedded with shale. Gold mineralisation is associated with a very broad zone of sheeted and stockwork quartz-sulphide veins that occupy a corridor of intense brittle fracture and faulting. A conceptual model of formation involves the dilation of joints and micro-faults within overlying sediments during sinistral movement along a basement shear zone. Synchronous granite intrusion generated convective circulation of crustal fluids through the sedimentary pile resulting in the formation of auriferous quartz veins within favourable structures. The Batman zone of mineralisation is not directly related to fold structures which typify several other major gold deposits within the Pine Creek Geosyncline.

Jan 1, 1994

By M Flis

The Razorback Iron Ore Project is a high tonnage, low-grade magnetite deposit that defines a new iron ore district in South Australia. Known since the 1960s, the deposit has come into its own as the iron hungry world demands not only larger tonnages, but higher grade and cleaner magnetite concentrate ores that counterbalance the increasingly dirty haematite ores that are coming into production.Razorback is hosted by the Neoproterozoic Braemar Iron Formation, a tillitic unit that is part of the Adelaidean Geosyncline sedimentary sequence. At Razorback, this formation forms the southern limb of the Pualco Syncline, dipping at 42° to the north and outcropping along a prominent ridge. The formation consists of a series of alternating bedded tillitic and interbedded magnetite units that represent cycles of glacial advances and retreats. Seven cycles, resulting in seven stratigraphic members, are recognised. Members B, D, and G are the thickest, at 30 - 70 m each, and are the target of current investigations. While the bedded magnetite has the highest iron content, typically 35 per cent Fe, the tillitic unit, at typically 26 per cent Fe, has similar iron content in the ground mass but is diluted by the inclusion of iron-poor granite and metasedimentary dropstones. The mineralisation forms a simple dipping tabular body with only minor faulting, folding and intrusives. Grades, thickness, dip, and outcropping geometry remain very consistent over kilometres of strike, presenting an excellent mining proposition.Razorback differentiates itself from other Australian magnetite projects in a number of important ways. It is not a banded iron formation (BIF); it will have low crushing and grinding costs; and it is located in an infrastructure-rich area close to open-access, high capacity rail, to a selection of ports and to gas, electricity, labour and engineering services. Royal Resources has announced an Inferred resource of 277 Mt @ 25.9 per cent Fe. The company is targeting a resource of 500 - 1000 Mt to support a 10 Mt per year concentrate production. Davis Tube Recovery work shows that the ore is capable of producing a concentrate of over 68 per cent Fe with very low deleterious elements. Metallurgical testing confi rms the ore is soft, and with near-zero initial stripping ratio the project will have a low opex. With access to existing critical infrastructure, capex will also be low, ensuring Razorback will be a highly competitive iron producer in this emergent mining district.

Jul 11, 2011