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Australia contains a variety of iron ores, differing in grade, chemistry, size distribution and genesis. While a proportion of this ore is used world-wide as blast furnace lump, much of the material mined is high grade fines, requiring agglomeration (usually sintering) before blast furnace reduction. Sintering studies initially concentrated on the production of ferrous material of high iron content, coarse size and sufficient cold strength. In recent years research involving pilot plant sintering, precise test procedures and mineralogical analyses has focussed on the additional sinter properties of hot strength and reducibility. Aspects of mineralogical studies applied to iron ore sintering are described.

Jan 1, 1989

By Still RF

Sintering of lead and zinc concentrates is practised by Sulphide Corporation Pty. Limited to provide both desuiphurised lump sinter feed, for simultaneous reduction to zinc and lead in the Imperial Smelting Process blast furnace, and sulphur dioxide gas for sulphuric acid manufacture. From November, 1969 a 20 percent increase in production rate has been obtained through improvements in operating technique. A gradual increase in bed permeability was achieved by modifications to the feed mix conditioning equipment and by improving moisture control. However advantage could not be taken of the higher permeability to increase sulphur elimination because the hardness of the lump sinter decreased. Higher throughput, better quality sinter and more stable sintering conditions were however made possible by simultaneously: 1. reducing segregation and compaction in the sinter bed, by narrowing the discharge opening of the main layer feed hopper, 2. reducing the sizing of sinter returns to give a closer size spectrum of particles in the feed mix, and 3. increasing the sulphide sulphur content of the feed mix to give higher bed Temperatures.

Jan 1, 1972

In June 1992, the High Court of Australia recognised native title of the Meriam people over parts of the Mer Island in the Torres Strait as a form of common law. The Court also indicated that native title may have survived European settlement of the mainland Australia where it had not been extinguished by Governments and Aboriginal people have maintained their traditional connection with the land. The decision meant that two systems of land law were seen as existing side by side in Australia: ò one which derived from grants from the Crown under laws passed by Parliament; ò another which derived from the diverse laws and customs of the many Aboriginal groups in Australia.

Jan 1, 1996

By T Vizcarra, G Sandoval, C L. Evans

One of the challenges in the development of mineral processing simulators is modelling the liberation characteristics of particles produced by comminution circuits. Understanding the mineral characteristics of these particles is one of the keys to predicting their behaviour in separation circuits. While more fundamental research seeks to model the non-random breakage of ores this work examines whether we can move forward now by using observed characteristics of ores to model the composition of particles generated in comminution processes. Several researchers have noted the similarity of the liberation characteristics for a selected size fraction of particulate material, whether the fraction comes from a coarse material, such as the product from a jaw crusher, or a more finely ground material, such as the product from a ball mill. In most cases these observations were reported as an aside and were not the main focus of the published work. This observed behaviour has the potential to be a useful tool for modelling the particle characteristics in mineral comminution and separation circuits, particularly as we move towards the development of multi-component models. However, before the behaviour can be used widely we need to understand which ore types follow the observed pattern and which do not. The current work examines a range of ores and identifies which exhibit the pattern of similarity of composition for particles in a given size class that has been produced as the result of a variety of breakage conditions. The impact of mineralogy and texture on the evolution of liberation characteristics for both valuable and gangue minerals is discussed.

Jan 1, 2008

By B Nielsen, H Lehto, B Musuku

"The demand for fine and ultra-fine grinding associated with the processing of more challenging, finer grained orebodies and the global driver of minimising energy consumption has been an increased focus in our industry. Outotec’s stirred milling technology, the high intensity grinding mill (HIGmill™), was launched in 2012 in response to this industry need. First Quantum Minerals Ltd selected HIGmill™ technology for its Kevitsa mine in Northern Finland. The 700 kW mill is grinding copper rougher concentrate to improve copper/nickel separation and copper recovery. Selection of the HIGmill™ followed mineralogy analysis and laboratory and pilot testing for HIG milling in parallel with flotation tests to determine optimum grind size and energy input.The paper discusses the challenges and successes of the test work, manufacture, installation, commissioning and subsequent operation of the mill. Grinding performance is presented and a comparison between predicted and operating energy efficiency is made. In addition, the various steps to optimise wear rate and minimise maintenance and downtime are made, with particular reference to internal geometry of the mill.Citation:Nielsen, B, Lehto, H and Musuku, B, 2016. Design, Installation, Commissioning and Operation of Fine Grinding Technology at the Kevitsa Mine, in Proceedings 13th AusIMM Mill Operators’ Conference 2016, pp 59–66 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Oct 10, 2016

Rosebery Mine is situated on the west coast of Tasmania and is AustraliaÆs largest volcanic-hosted base and precious metals deposit (zinc, lead, copper, gold and silver). The milling operation has been producing zinc, lead and copper concentrates continuously for over 100 years. RoseberyÆs long life demonstrates the operation to be high grade, and high margin, capable of operating through several commodity price cycles. Paradoxically, throughout this long history the ælife-of-mineÆ as defined by proven and probable reserves has been short. Zinifex has demonstrated its commitment to discover the future of Rosebery with the growth project æProject HorizonsÆ. The aim of the project is to extend the life of mine beyond 2020, with an additional exploration expenditure of $19 million over three years. Despite the maturity of the deposit, early success has confirmed the potential with the discovery of new resources. Mine planning strategic studies are challenging established paradigms of mine production, throughput rates and metal cut-off grades. Discovering the optimal process rate for Rosebery, by examining the æHill of ValueÆ and underground mine optimisation is proving critical to the best exploitation of RoseberyÆs rich resources. The promise of finding a mine within a mine is being realised, with new lenses being delivered by exploration success and real grade/tonnage options optimised through dynamic mine planning. The future of Rosebery is co-dependent on these two areas of discovery. This ensures capital expenditure decisions are informed, to secure the next 20 years of wealth creation and beyond.

Jan 1, 2008

By R J. Wood

Raise drilling (or raise boring) is not a new technology or methodology. The first raise drilling machine was developed by The Robbins Company (TRC) of the USA in 1962. TRC manufactured the first tunnel boring machine (TBM) in 1952 and Jim Robbins, the founder of the company wanted to ‘turn the TBM concept on its head’ so to speak.Many improvements have ensued in the 50 years since the first machine. Such improvements include advances in the drill rod and thread design, cutters and reaming heads. Raise boring would not have been possible without the development of the tungsten carbide insert cutters and there have been big advances in both the carbide technology and in the mechanical design of the cutters.Over time mines have developed deeper with a greater use of diesel equipment resulting in greater ventilation requirements. This in turn means larger and deeper ventilation shafts. There have also been improvements in directional drilling techniques. This all combines with the need and ability to construct larger shafts using the safe method of raise drilling. With suitable geotechnical conditions the RBR900VF is capable of drilling shafts to a diameter and depth of greater than 8 m and 2000 m respectively. Greater diameters are possible over shorter lengths with suitable ground conditions.The RBR900VF was designed and manufactured to specifications developed by Macmahon. This machine has the greatest thrust and torque capability of any machine in the world. It enables cutters to be more heavily loaded in the larger diameter heads and this is essential for efficient rock excavation. Additional features of the new machine include minimal manual handling to provide a safer working environment and higher strength steel for the drill rods providing additional safety margin.CITATION:Wood, R J, 2014. A revolution in raise boring – the development of the RBR900VF, in Proceedings 12th AusIMM Underground Operators’ Conference 2014 , pp 171–178 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Mar 24, 2014

By G Tsatouhas, R Newell, K Y. Wong

A sulfide ion selective electrode was used to control sulfidiser addition in the flotation testing of a synthetic and a naturally occurring ore containing malachite in order to compare the behaviour of sodium sulfide and calcium polysulfide. Both slug and controlled potential sulfidisation methods of addition were used. Under defined optimum CPS conditions, calcium polysulfide was a more effective sulfidising agent than sodium sulfide on the basis of both capital and operating costs. Surface and solution studies were used to compare the mechanism of each sulfidiser. For calcium polysulfide, XPS showed that polysulfide ions are adsorbed, whereas for sodium sulfide it is the hydrosulfide ions that are adsorbed on the mineral surface. For calcium polysulfide, the CuSx layer was believed to form on the malachite surface, which promoted the flotation of the malachite, by xanthate. Studies of surface morphology of the sulfidised malachite showed that a fairly uniform sulfidised layer is formed with both reagents. The use of sodium sulfide resulted in a thinner initial sulfidised layer compared to polysulfide at equivalent initial sulfur concentration.

Jan 1, 2005

By S Liu, N M. Rana, A Take, N Ghahramani, D Clohan, S McDougall, S G. Evans, H J. Chen

Tailings dam breaches have caused significant life loss, social, economic and environmental damage in recent years. The term "tailings-flow" refers to various forms of tailings outflow movement resulting from the breach of a tailings dam. These flows, comprising a mixture of tailings, water and dam materials, can take different forms, ranging from a debris flood to a flowslide, and can travel long distances and impact large areas. The inundation extents depend on the failure mechanism, tailings dam height, total released volume, sediment concentration (associated with the rheological behaviour of the flow) and downstream conditions (including topography, land cover and presence of a water body). Numerical runout modelling of tailings dam breaches is important for predicting the dynamics and extent of tailings-flows, which are crucial steps in tailings dam consequence analysis and risk management. This paper presents a comparison of numerical simulations of the 1994 Merriespruit tailings dam breach using three numerical models: DAN3D, FLO-2D and MADflow3D. Using compiled site condition information and data from the literature and public domain, model performance was evaluated primarily based on comparisons between the observed and simulated inundation extents. The main purpose of this preliminary model benchmarking exercise was to help us evaluate the capabilities and limitations of each model, and to identify opportunities for future model improvements as part of a broader research initiative known as CanBreach. This exercise also highlights the inherent complexity of tailings-flows and the importance of using judgement to interpret model input and results.

Jul 1, 2021

The original design of the Bougainville Copper Limited (BCL) concentrator took cognisance of the constraints imposed by the topography, the need to minimise capital cost, and the need to allow for plant expansion which, it was known, would be necessary to maintain copper and gold production as head grades declined.At the same time as spare slots have been taken up with additional equipment, technological innovations have been embraced whenever there appeared to be a chance of improving the productivity ofexisting equipment, or replacing it with a more efficient alternative.There are many examples of this in the BCL concentrator in the areas of process control, process design, instrumentation, materials handling, equipment design and wear part technology.Current process developments also pursue the latest technology. The development of the Omnicone crusher, flotation control, tailings water reclamation, and the variable speed gearless drive on the No. 13 mill are prime examples.

Jan 1, 1986

By E Whiteman, L Reyneke, H Horsch

Heavy mineral sand deposits are a source for the economically important element titanium, which is contained in minerals such as ilmenite and rutile. In heavy mineral deposits ilmenite displays various degrees of alteration. Natural weathering of ilmenite involves the removal of Fe and thus results in an increase in the Ti-content. Minerals such as pseudorutile, ferropseudobrookite, anatase and the ill-defined mineral aggregate leucoxene, which consists mainly of various amounts of remnant ilmenite, pseudorutile, ferropseudobrookite and anatase, are typical replacement products of ilmenite. Ferropseudobrookite occurs as a recrystallised, optically and chemically distinct mineral phase. Textural relationships suggest a diversity of physicochemical conditions including weathering and metamorphism that led to the formation of complex mineral assemblages and textures. In the heavy minerals industry the alteration products of ilmenite are generally referred to as æaltered ilmeniteÆ and/or leucoxene. The distinction between æaltered ilmeniteÆ and leucoxene is not consequently defined and is very much dependent on economic factors and specific mining operations (ie determined by deposit specific mineral assemblages). Generally the term leucoxene is used in the heavy minerals industry as a collective description for ilmenite alteration products with TiO2-components ranging from 65 - 95 per cent. A detailed comparative mineralogical investigation including microscopic, SEM and QEMSCAN« techniques show that it is possible to identify and quantify the replacement products of ilmenite on a micron scale. QEMSCAN« generated particle maps were graphically compared with photomicrographs taken by applying reflective light microscopy. The resulting information can be integrated over the entire sample with respect to composition, absolute and relative mineral abundances, grain sizes, volumes, densities, textural relationships and liberation potentials. This provides a powerful tool for a first appraisal of the physicochemical behaviour of bulk samples and individual particles during metallurgical processing.

Jan 1, 2008

Classification within the Inferred Resource category is based on geological judgement and the balance of extrapolation versus interpolation that the Competent Person is prepared to accept. These resources are typically drilled at spacings well in excess of the geostatistical range and at a density that is non-uniform. In many cases, a substantial proportion of the available data will be historical, and should be considered with more recent data sources. The provision of a robust geological model will increase the confidence in any resource estimate, and should be viewed as a critical component. The definition of Inferred Resources is of great importance to vein gold projects, since Indicated and Measured Resources generally require costly underground development for delineation. Indeed, many gold vein operations possess substantial quantities of Inferred Resources (>75 per cent) in their resource inventory both at project start-up and during production. This contribution explores a number of the key issues when using the Inferred Resource category and presents four recent case studies.

Jan 1, 2006

By P Ring, B Cooper, C Carr, G Laing

The Nova Ni-Cu-Co Operation, located in the Fraser Range of Western Australia, commenced commercial production in July 2017 only five years after discovery. Owned by Independence Group NL (IGO), the operation has successfully ramped up over an accelerated schedule and currently deploying leading technologies. This paper begins with a description of the Nova Operation, and its journey to achieve full production in such a short time frame. It includes discussions on development and production design, selection of fixed plant infrastructure, and the features challenges of running a low-pressure primary ventilation circuit. The paper also discusses key technologies that have improved overall safety for the underground workforce, and improved operational efficiencies. Investigations continue into the implementation of further technological applications for safety and productivity enhancements. This paper also discusses the findings from a study into transitioning from a diesel to an all-electric underground mining fleet, based on a review of Nova if it were to be developed today with the current EV offerings. The study indicates compelling savings will be available to future mines when considering development design, project schedule, capital outlay and operational savings, and the ‘next Nova’ is expected to be all electric.

Mar 15, 2021

By M J. Nimmo

extremely powerful tools for building predictive and generative models. ML can be used for building highly accurate regression and classification models. But without careful data science and statistical analysis, a regression or classification model could be highly biased and completely wrong – and we may not even realise. An example rock density estimation task will be used to illustrate the potential gains and possible pitfalls in using ML and AI in Mineral Resource estimation. What could possibly go wrong? Nothing! For most simple regression or classification problems, very little. For density estimation, using the global mean may be all that is possible, but the resource classification would need to reflect the uncertainty in global estimation of tonnage. Everything! From data collection and measurement, from selecting ML and AI techniques and designing the analysis workflow to our own cognitive bias. The things that could go wrong are vast and may include but not limited to asking the wrong question, not asking questions, data bias, measurement errors, insufficient data coverage, not collecting the right variables, not collecting enough observations, collecting clustered samples, unbalanced data, filtering out data without reason (outliers), clipping data (outliers), relying on automatic feature selection, including irrelevant variables, excluding relevant variables, geological interpretation, changing context, blindly following best practice, splitting small data sets, subsetting large data sets, using the wrong tool for the task, insufficient budget to complete the analysis, not allowing enough time for testing and experimentation (the science), focusing too much on building the model (the engineering), not learning from the data, our assumptions, our preconceptions, and our skill. This paper will explore the question of how training regression models to predict rock density are affected by gaps in the data (missing observations and missing variables). What could possibly go wrong?

May 24, 2023

By R Wynn, R A. Pax, S Mann, B Cornish

The semi-autogenous grinding (SAG) mill at the MMG Century operation has failing load cells that are essential to the control strategy used to stabilise the mill. Currently, mill-bearing pressure is used as a proxy for the load cells, but it has been found to be a noisy signal and lacking in useful sensitivity. It is also prone to variations and drift due to temperature. After consideration of a number of options, a non-contact acoustic array has been installed around the SAG mill to provide a more stable proxy load signal as well as other information about the internal operation of the?mill.The installation consists of 12 microphones to provide some detail into the operational differences that occur during normal operations at the MMG Century SAG mill. This acoustic approach acknowledges that operational grinding mills emit significant acoustic emissions that are a consequence of the dynamic environment prevailing inside them.Previous studies have attributed the acoustic noise to a range of events that occur inside these mills (Pax, 2011; 2012). Consequently, non-contact acoustic determinations of in-mill behaviour can provide powerful insights into the operation of the primary comminution tumbling mills. By measuring key microphone signal attributes at different positions around a mill, a holistic picture of mill internal operation can be developed.This paper will describe the installation of the 12 microphones and discuss the use of the acoustic load signals as a proxy for failing load cells. It will also present data from new observations of internal mill dynamics and the results of implementation of control using these acoustic signals. Key to the control approach has been the development of a logically coherent picture of the processes inside the mill.CITATION:Pax, R A, Wynn, R, Mann, S and Cornish, B, 2014. Implementation of acoustic arrays for semi-autogenous grinding mill?operation, in Proceedings 12th AusIMM Mill Operators’ Conference 2014 , pp 273–282 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 1, 2014

By M Araos, I Onederra

A novel explosive formulation that substitutes the use of ammonium nitrate (AN) with hydrogen peroxide (HP) as the main oxidising agent has been developed and tested as part of an Australian Coal Industry Research Program (ACARP) project. The main objective was to provide a step-change solution that has the potential to completely eliminate NOx fumes in blasting. The development of this HP/fuel-based explosive started with a comprehensive detonation characterisation program, consisting of unconfined velocity of detonation (VOD) measurements of samples at different diameters, densities and void sensitisation techniques. VOD results showed that the HP/fuel-based explosive mixtures behaved similarly to non-ideal commercial explosives; in that way mixtures could be tailored to achieve specific detonation performance targets. The next stage of testing in this development involved preliminary confined tests to evaluate the rock breakage potential of the HP/fuel-based explosive mixtures. Fully instrumented single-hole tests were conducted in a limestone quarry. Results from these preliminary trials confirmed the rock breakage performance of HP/fuel-based explosive mixtures. The confined VOD measured in one of the tests was 5100 m/s in a 102 mm diameter blasthole at a density of 0.96 g/ml. The corresponding borehole pressure measurement of this HP charge was 2.61 GPa with a detonation temperature of 2921°C. Based on near-field accelerations, both HP and ANFO charges displayed similar attenuation characteristics in the test conditions. Post-blast observations indicated that the breakage performance of the HP mixtures clearly reflected the in-hole detonation performance measurements obtained, confirming the ability of these explosive mixtures to both fragment and effectively displace the rock mass under evaluation. Further research work continues with the future commissioning of a prototype mixing and delivery unit, the successful completion and analysis of data from multiple-hole trials, and further characterisation work associated with product stability, reliability and performance under different geotechnical conditions.CITATION:Onederra, I and Araos, M, 2015. Detonation and breakage performance of a hydrogen peroxide-based explosive formulation, in Proceedings 11th International Symposium on Rock Fragmentation by Blasting, pp 565–574 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 24, 2015

By P Hagan, S Wang, D Li, B Loh

A study was undertaken to quantify the differences in performance between a full-length encapsulated cable bolt and a partially encapsulated cable bolt. Much research has been reported on the differences in cable bolt design and operational parameters such as borehole diameter and grout type with much of this based on the Laboratory Short Encapsulation Pull Test (LSEPT). However, there is a gap in knowledge surrounding the effect of anchorage length on load transfer and cable bolt performance particularly with respect to the role of the bulb in modified cable bolt designs. The objective of this study was to expand the existing knowledge base of cable bolt performance with the intent of developing a revised design criterion. Alongside a comprehensive review of current cable support theory, design and practice, a series of pull tests was undertaken to compare each anchorage method using a high capacity modified cable bolt. The results serve to confirm earlier work on fully encapsulated anchorage. Both the peak load capacity and stiffness of the fully encapsulated cable bolt were nearly double that of the partially anchored cable bolt. When the tests were repeated in an oversized borehole, while there tended to be more variation in performance, there was little significant difference in the mean results. In addition to anchorage length, there are other factors that contribute to cable bolt performance including in order of sensitivity: embedment length, water-to-cement ratio of the grout, type of grout and borehole diameter. CITATION:Loh, B, Hagan, P, Li, D and Wang, S, 2018. A comparison of the performance of fully versus partially encapsulated cable bolts based on laboratory-scale testing, in Proceedings The Fourth Australasian Ground Control in Mining Conference (AusRock), pp 291–302 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 30, 2018

By J E. Everett, F Grobler

This study considers realistic data for a planned open pit iron ore mine, but is applicable to any open pit situation. By interpolating drill hole data, grades are generated for a rectangular block model. Each blockÆs grade designation vector has components for each analyte (chemical element or compound) influencing ore value. Interpolation by means of geostatistical kriging leads to each block being assigned its expected value, and thus underestimates the overall grade variability. Alternatively, interpolation by means of conditional simulation is a method that implements random sampling from an infinite population of solutions. Each conditional simulation has appropriate overall grade variability, but estimating any blockÆs mean and variance requires sampling from multiple conditional simulations. For a block model, an ore/waste selection criterion maximises the expected tonnage at a target grade. This criterion is a linear composite of the grade components, with positive coefficients for the beneficial analyte (iron) and negative coefficients for the deleterious analytes (such as silica, alumina and phosphorus).Although conditional simulation gives the same expected grade as kriging for each block, the expected maximum tonnage of ore selectable at a target grade may differ from that obtainable from the kriged solution. We apply the linear composite selection criterion to each of 25 conditional simulations, as well as to the kriged block model. The resulting distribution of product tonnage is confirmed to have an expected tonnage that is over 20 per cent greater than that of the kriged model. The method also enables a selection probability to be computed for each block, and thus a probabilistic pit boundary distribution to be identified and used in mine planning. Proposed extensions will consider risk-based scheduling of the multiple selection solutions through minimisation of a derived æstress factorÆ and treating the mining process as an iterative system with actual or artificial ædepletionsÆ modelled in line with the mine plan, using the updated state (with new information) to re-evaluate the mine plan for subsequent periods.CITATION:Everett, J E and Grobler, F, 2013. Risk-based ore selection from conditionally simulated block models, in Proceedings Iron Ore 2013 , pp 149-156 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 12, 2013

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 S Coward, J Vann, R Wolff, S Jackson, S Moayer, A Bye

Uncertainty about the future and orebody should significantly impact evaluation of mining projects. Scenario planning, widely used in other industries, for example in the petroleum industry, can provide organisations with an opportunity to explore the consequences of uncertainty on their future plans. By developing plausible scenarios, scenario planning assists decision makers by allowing them to make systematic and possibly effective decisions for the future. This paper reviews existing mine project evaluation in the context of a new framework called scenario-based project evaluation (SBPE) (Vann et al , 2012) that addresses many shortcomings of existing approaches. SBPE uses conditional simulations (CS) models as inputs which are evaluated against future alternative project pathways (æalternativesÆ). These alternatives are evaluated using multiple plausible images of the deposit (CS realisations) which capture realistic variability and as an ensemble, map uncertainty of various orebody attributes at fine scale. The alternatives can involve different mining, stockpiling, blending and processing strategies. The ultimate output is a (stochastic) set of cash flows for each alternative from which financial measures, such as NPV, can be derived. Alternatives can then be explored in the presence of against external scenarios such as changes in prices, costs, and taxation. The obvious problem with such data rich results is knowing which scenarios or group of scenarios are optimal.An innovative approach to robust stochastic optimisation (RSO) suited to the SBPE framework is presented here for the first time. This approach to RSO aims to deal with the large number of alternatives generated from SPBE. The goal of applying the RSO approach to SBPE is to identify robust strategic alternatives (project configurations) which have the flexibility to deal with variability and uncertainty of geological and processing inputs such as density, grade and process performance. By applying the proposed RSO method, it is possible to deal with uncertainty and identify the best project configuration in the face of a large number of envisaged scenarios. A case study is provided, in which we have tested the application of the proposed method and compared the result with conventional methods. An important conclusion from this research is that selecting the value of the penalty coefficients in the RSO approach proposed is (as is all optimisation) an exercise of trade-offs; a higher net present value (NPV) is generally associated with a higher risk and a lower risk is associated with a lower NPV. Indeed, this is a strong argument for considering the RSO approach outlined here over more conventional approaches.CITATION:Moayer, S, Vann, J, Coward, S, Jackson, S, Bye, A and Wolff, R, 2012. An innovative approach to robust optimisation for scenario-based mineral project evaluation, in Proceedings Project Evaluation 2012 , pp 141-148 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 24, 2012