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By Champigny N, Grimley P. H

To a bank that granted his request for a loan, the late American humorist Robert Benchley responded, `I don't trust a bank that would lend money to such a poor risk'. This quotation is unlikely to be the norm among mining companies that secure project financing. However, a poor appreciation of one of the key risks of a mining project, the reserves, often results in disastrous financial consequences. This conclusion is the subject of the discussion and analyses presented in this paper.

Jan 1, 1994

By Parsons AE, Lewis IE

Selenium is a minor constituent of the raw materials processed by the Cockle Creek smelter of Sulphide Corporation Pty. Limited. Certain proposed raw materials contain higher levels of selenium, and these will create a problem with regard to the composition of liquid effluent discharged from the smelter. A method has been developed for removing selenium from the smelter circuit by the sulphation of the fume collected in the Acid Plant electrostatic-precipitators. It is planned that by treating 10-20% of the total dust arisings there will be a substantial reduction in the levels of selenium reporting in effluents when treating selenium-bearing raw materials. The selenium is recovered in elemental form.

Jan 1, 1978

Heavy media separation serves to upgrade mill feed and reduce unit operating costs, allowing ores to be mined which could other wise be uneconomic. At the Aberfoyle mine at Rossarden in north-east Tasmania, a simple heavy media operation using a converted Akins screw classifier as a separating vessel, removes barren quartz from mineralised material. At the Cleveland mine at Luina on the west coast of Tasmania a more complex ore mix requires a versatile operation combining hydro-dynamic and static separation equipment to provide an efficient beneficiation circuit. The two operations are briefly described with a background of basic heavy media separ- ation practice.

Jan 1, 1978

A vital ingredient in ensuring that metals exploration companies, working in the developing countries of the Pacific Rim, support the development of national geologists is making such a learning program cost-effective. There is a wide spectrum of learning needed in the development of these explorationists: the technical and conceptual skills to carry out exploration efficiently, the professional and managerial skills to apply the exploration in the work situation, the personal attributes required to manage their exploration effectively, and a company organisation that allows them to learn and use these skills and attributes.

Jan 1, 1995

After a very brief historical survey and overall assessment of traffic requirements, the invitation by the British and French Governments for private groups to make proposals for a "fixed link" is described, and the resulting plethora of proposals is reviewed. The three schemes which gave some promise of being adequately backed by private finance are described as follows:

Jan 1, 1987

The basic issues of education for the mineral industry which emerge from experience and from a study of relevant literature are presented with the object of promoting. discussion. The subject is considered primarily from the university point of view and relates more to the disciplines of mining and mineral processing than to geology or perhaps metall- urgy, but the conclusions have wider implic- ations. Continuing education, being the subject of a separate paper, is only briefly discussed. The important and particularly relevant training and industry role of the technician engineer and technician are not considered.

Jan 1, 1974

Although the 'exi'stence of bauxite in Australia has been known for many years it is only recently that exploitation has commenced.. of the two most' important` deposits, strangely at almost diagonally opposite tips of the continent. Recognition of the importance. of the bauxite in the South/West corner came about initially through the efforts of a well-known Australian mining company which,` with some outside financial help, tackled the early exploration with commendable foresight and courage.

Jan 1, 1964

It is a facet of modern-day life that change, even of a revolu- tionary nature, normally passes without comment. People have become so conditioned to continuous improve- ments in every aspect of their lives that they would be surprised only if there were to be no change. This paper seeks to demonstrate the extent of technical change, and to indicate the need for a fuller advantage to be taken of the technologies available, or potentially available, to the profes- sion. It contends that the mineral industry has been particularly slow to embrace technical change, and has good reason to con- sider an improved attitude for both prosperity and survival.

Jan 1, 1988

The law including legislation such as the Occupational Health & Safety Act 1983 imposes stringent obligations on employers to ensure the health and safety of their employees. The use of pre-employment medical examinations is one tool that employers can use to assess the suitability of a job applicant for a particular position and protect themselves from prosecution or claims for compensation or damages.At the same time, however, legislation such as The Disability Discrimination Act 1992 (Commonwealth) ("DDA") and The Anti-Discrimination Act 1977 (New South Wales) ("ADA") affords protection to individuals against discrimination.

Jan 1, 1998

By Roden S

This paper illustrates that sampling problems and difficulties are as common in an R&D environment as they are in an operating plant. Researchers need to be aware of the potential influence of poor sampling practices and when feasible determine the sampling and analytical precision at the start of any experimentation. Specific problems that have been encountered are discussed and the procedures implemented to overcome these difficulties are described. Examples from projects include the cyanidation of a Au/Ag ore, column leaching of refractory gold and oxide ores, the bioremediation of contaminated sites and the flotation of ore containing native copper.

Jan 1, 1976

By Larsen E. R

We discuss the concept of optimal cut-off grade policies and their advantages in terms of maximisation of net present value of mining operations. There are indications, however, that such optimal policies are not widely used in the mining industry. In order to explore why this is the case we identify a number of stakeholders who may have diverging interests in the operating policies of a given mine. These various interests are mapped and a number of important relationships are explored in a large qualitative systems dyanmics model.

Jan 1, 1995

An asymmetrical floating point Array Processor is a special-purpose Scientific Computer which operates under asymmetrical control of a host Computer. Although an Array Processor can receive fixed point input and produce fixed point output, its primary mode of operation is floating point. The first generation of Array Processors was oriented towards time series information. The next generation of Array Processors has proved much more versatile and their applicability ranges from Petroleum Reservoir simulation to speech synthesis. Array Processors are becoming commonplace in Mining, the primary usage being construct- ion of grids - by usual methods or by Kriging. The Australian Mining community is among the world's leaders in regard to computer-assisted Exploration and Exploitation Systems. Part of this leadership role must be providing guidance to Computer vendors in regard to current and future requirements.

Jan 1, 1983

The competitiveness and future growth of the Australian mineral resources industry face a number of challenges. The paper addresses key factors likely to influence the attainment of high performance and continuous improvement including organisational leadership, management/employee relations, technology, safety, health and the environment. Business practices such as benchmarking, Total Quality Management and re-engineering to achieve process and performance improvements are commented on. Future success for the industry will largely hinge on global business skills, a sustained focus on Quality principles and achieving performance through people.

Jan 1, 1997

An algorithm is described which leads directly to a unique set of coal washing parameters which, in two or more parallel streams, will give maximum yield of product at a given ash. This occurs when all parallel streams are washed to the same incremental ash. This strategy is shown to offer a considerable increase in yield compared to the simpler strategy of washing each stream to the same sumulative ash.

Jan 1, 1987

By Hare G

The emphasis in Australia, until recently, has been on large scale mining methods with drive sizes in excess of 4.5 metres square and the acceptance of high dilution ratios, even when working in relatively narrow orebodies. The rising cost of extracting and treating the recovered ore and the lower prices available in the world markets has seen a growing trend to narrow mining methods.Traditionally narrow orebody mining has been carried out using hand held drilling methods and rail mounted boggers. Recent advances in mobile equipment now offers the operator of narrow method mines the opportunity to completely mechanise the mine from the drilling, through bogging to haulage, while maintaining minimal dilution in drive sizes to two metres wide or less.

Jan 1, 1993

Perseverance Mine is a part of Leinster Nickel Operation (LNO), a fully owned division of Western Mining Corporation (WMC). The town of Leinster is located 370 kilometres north west of Kalgoorlie. LNO operates an underground gold mine and mill at Agnew, 30 kilometres west of the town in addition to two nickel mines and a mill 15 kilometres east of Leinster. Both the Perseverance and Rocky's Reward nickel orebodies are mined by open pit and underground methods.The Perseverance orebody was discovered in the early-1970s. Decline development commenced in 1977 and the first ore was milled in 1978. The shaft sink started in 1979. The shaft was comissioned in 1983, four years after sinking commenced. The mine was placed on care and maintenance in 1986 and purchased in January 1989 by WMC.

Jan 1, 1992

By Seshold P

The cost of capital is the rate at which a project's cash flow should be discounted to obtain the Net Present Value. The cost of capital is a weighted average of both debt and equity funds of a company, on an after tax basis. Two methods are described for calculating a company's cost of equity, the Dividend Valu- ation Model and, more importantly, the Capital Asset Pricing Model. A worked example is presented where the cost of capital was obtain- ed for two resource companies. The application of the cost of capital was illustrated by way of a mining equipment replacement problem. The paper outlines refinements and problems that may be encountered with the use of the cost of capital, and concludes that it is an integral part of any project evaluation.

Jan 1, 1983

This paper describes thick seam mining as practised at Westfalen Colliery, Redbank via Ipswich,in South Queensland. The author describes the develop- ment of the mine from conception to the time of successful operation and compares the two systems of mining adopted at the colliery.

Jan 1, 1976

Competition in the mining industry is the main driving force for both equipment manufacturers and end users to develop and apply the most cost efficient solution to a mining problem. Therefore the challenge to find new solutions is usually met by several suppliers under various factors of influence affecting specifications. Time and timing are particularly important, but all new developments ultimately have to successfully perform on site.Consideration of all aspects of planning, manufacturing, user liaison and ultimate satisfactory commissioning hinges on the necessities of assessing of all the expectations in the mining application and the requirements of the concept and layout team. To apply the maximum available technical competence with solid thorough workmanship is the best possible foundation for success of underground machinery development.

Jan 1, 1991

Seven papers have been reviewed and in this session. Broadly they can be grouped into three categories as follows: A Chemical Characterisation of Mine Waters Miller & Murray - Prediction of Time Dependent Factors in Acid Mine Drainage Jeffrey et. al. - Sulphide Oxidation in Pyritic Overburden; A Controlled Leach Column Study Sheridan et. al. - The Effect of Ore Type, Depth, and Leach Time on Cyanide Species in Column Tests using NaCN Leach Solutions B Mine Water Treatment Management Gilchrist & Hunt - The Recovery of Water from a Colloidally Stable Kimberlite Suspension Chapman, et. al. - Treatment and Utilisation of Hilton Mine Water

Jan 1, 1988