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By G J. A Dewar

The Australian Corporations Law generally requires Independent Expert Reports to be presented in support of capital raising or in defence of mergers and takeovers. The introduction of the VALMIN Code in 1995 (and its recent revision issued as the VALMIN Code, 1998) made Assessment and Valuation Reports in these circumstances much more comprehensible than before because of its key requirements for transparency and materiality. By forcing the Independent Valuer to provide an explanation of the reasoning behind the estimation of a particular resource asset, VALMIN allows the reader to clearly see any error or illogicality in the valuation methodology used and to seriously question or even reject the resulting value. Even though many elements of resource asset valuation practice are undeniably subjective, there must be some basis of objective rationality to it. Independent resource asset Valuers are the essential link between mineral explorers/miners on the one hand and brokers/analysts/fund managers/investors on the other. The minerals and financial industries both expect them to not use inappropriate or invalid valuation methods and illogical steps within these methods. This paper examines some of the less sensible ways in which some of the main techniques that Valuers commonly use to assess the fair market value of mineral properties have been applied in recent instances. The authors hope to discourage the adoption or perpetration of the æWhat-number-did-you-have-in-mind?' approach. It is MINVALÆs view that as many methods as possible should be used in any resource asset valuation. If any of the resulting estimates are in approximate agreement (particularly if they were derived using the less subjective of the available methods), ie if they cluster, they are probably more persuasive as being the Preferred Value of the asset than outlier values within the Valuation Range.

Jan 1, 1999

By J W. Glatthaar, M Mavotoi

The occurrence of fluorine in the copper/gold concentrates produced by Ok Tedi Mining Limited has provided a series of challenges to metallurgists since 1988. Although fluorine is distributed throughout the gangue minerals contained within Ok Tedi ores, itsÆ presence in talc and phlogopite (naturally floating fluorosilicates) has proven to be the predominate sources of fluorine in the final concentrate. Initial treatment for the fluorosilicates consisted of the use of a carboxy-methyl cellulose depressant added to the flotation cleaners. This was superceded in 1998 with the installation of a fluorine reverse flotation process for the removal of naturally floating fluorosilicates from the final concentrate when the fluorine content of the final concentrate exceeds smelter-defined trigger points. The fluorine reverse process is similar to by-product molybdenite concentrate production in that sodium hydrosulfide is used to depress copper/gold flotation whilst allowing the fluorosilicates to float. The process was installed in two parallel modules (to match the existing grinding/flotation modules at Ok Tedi), each consisting of a closed rougher/cleaner circuit configuration. Both rougher and cleaner cells are Jameson Cells from MIM Process Technologies, with the selection based on both processing characteristics and available construction space. This paper discusses both the nature of fluorine in-, and its removal from-, Ok Tedi copper/gold concentrates.

Jan 1, 2003

By Ely K. W

On January 21, 1986, a methane ignition and subsequent mine fire occurred in the under- ground workings of the Jim Walter Resources, Incorporated No. 3 Mine located near Adger, Alabama. The fire, which began on a longwall face and eventually spread into the adjacent gob area, could not be extinguished directly and raged out of control for several hours. Sealing operations were begun underground by Mine Rescue Teams and the fire area was successfully sealed with the mine able to resume production in about one month. The No. 3 Mine liberated over sixteen million cubic feet of methane in twenty-four hours. The operation was unique, in that, the successful underground sealing of a fire in an ultra-gassy mine had not been attempted or com- pleted for several years. Maps and charts are included to give explanation of the typical data used to manage the recovery effort.

Jan 1, 1988

In recent years a large amount of work has been done at various plants overseas, and also at Broken Hill Associated Smelters, Port Pirie, South Australia, on the use of Dwight Lloyd sintering plant gases for sulphuric acid manufacture by the contact process.Several plants have modified their sintering machines and operating procedure, and some have adopted gas recirculation techniques, to obtain a relatively high proportion of the sintering plant gas at an S02 concentration acceptable to a contact acid plant 1.These adaptations were investigated at Port Pirie, and it was found that gases of suitable S02 concentration could be obtained. The results justified installation of a contact acid plant and a decision was accordingly made in 1949 to construct such a plant.However, the local conditions presented some difficulties not generally encountered at other plants, the chief differences being:a. For maintenance of production of 98% H2S04 , an unusually high S02 concentration is required, because of the prevailing high temperature 'of the purification train cooling water.b. The entire sintering operation is conducted on two large machines, 55ft. x 10ft., operating in series as "First" and "Second over" machines (a two-pass roast.) Any interruption" to either machine causes a complete interruption of plant operation and gas flow.

Jan 1, 1951

By Sparrow GJ, Woodcock JT

A sample of pyrrhotite flotation concentrate pulp assaying 15.3 g/t An, which had been prepared from an old tailing dump, was treated to extract the gold. Examination of the concentrate with an SEM showed that exposed or free native gold, 5-40 ¦m in diameter, was present but no locked gold was observed. Direct cyanidation of the concentrate to extract the gold showed that the flotation reagents present inhibited gold extraction. A range of pre-treatments was used to overcome these effects.Direct cyanidation for 48 h extracted only 26% of the gold, indicating possible contamination of the gold in the concentrate with flotation reagents. Pre-treatment of the concentrate pulp by aeration for 24 h, or by 72 h aeration with an addition of 3.65 kg/t of sodium sulphite, gave little improvement in gold extraction by subsequent cyanidation. Pre-treatment by filtration, or by aeration with 12.5 L/t 100 volume hydrogen peroxide, followed by cyanidation for 48 h gave gold extractions in the range 67-77%. Combining filtration and an aeration period with hydrogen peroxide addition raised the subsequent cyanidation extraction of gold to 88%, giving a tailing assaying 1.5 g/t Au.

Jan 1, 1990

Results of blasting trials conducted at Gregory Mine, a large open cut coal mine situated in the Bowen Basin, show that fragmentation was improved or equalled whilst reducing the amount of explosives previously required. This was achieved by a system of deck loading whereby two or more explosive charges, separated by air gaps, were positioned in the blast hole, thereby extending the effective explosive column whilst minimizing the total explosives required. In the three trials to date, a saving of approximately 213 kg of ANFO per blast hole was achieved. This represented an approximate 20% reduc- tion in ANFO requirements.

Jan 1, 1989

The central thickened discharge system of tailings disposal takes advantage of the natural beach slope formed by sub-aerially discharged tailings, and the non-segregating properties of thickened tailings, to create a homogeneous conical stack. The need for containing embankments can be largely avoided leading to capital and operating cost savings. Methods for estimating beach slopes and tailings density, essential parameters for the design of such a system, are described. Case histories from three mining operations are used to illustrate the application of the technique, There are also seen to be potential advantages in the areas of water management, seepage, and rehabilitation. Laboratory and in-situ testing enable parameters to be determined.

Jan 1, 1991

Cominco Ltd's Polaris Mine in Canada's High Arctic has been successfully mining zinc ore in permafrost since 1981. Mining methods using frozen backfill have been the key to success. The mine is now producing about 60 per cent of the ore from pillars while maintaining high productivities. Annual ore production is just over one million tonnes providing more than 200 000 tonnes of zinc concentrate each year. Cominco Ltd has adapted management and operating practices to suit the harsh environment and the isolated site, and has shown that a profitable development can be carried out in the tough Arctic conditions, with minimum impact on the environment.

Jan 1, 1993

By M G. Aylmore, L W. de Klerk

Roasting of refractory gold ores has been a commercial process for many years. Improvements in design of fluidised bed roasting technologies and low capital and operating costs compared with other refractory treatment processes can potentially make roasting a viable option.However, gold extraction from roasted ores carried out on laboratory scale equipment often invariably yields lower recoveries than other processes such as bio-oxidation or pressure oxidation. Non-optimal laboratory roasting conditions can incorrectly write roasting off as a process option.Low gold recoveries from the cyanidation of calcine products from roasting can often be attributed to roasting conditions not favouring gold liberation and agglomeration processes, particularly if lockups of elements such as arsenic are being pursued for environmental reasons.This paper reviews the conditions favoured for gold agglomeration and accessibility of gold to cyanide, test conditions to achieve gold liberation and agglomeration on laboratory scale and designs that incorporate staged decomposition and roasting to make roasting a more commercial option.CITATION:Aylmore, M G and de Klerk, L W, 2013. Conditions and design considerations for maximising recoverable gold in roasting of refractory gold ores, in Proceedings World Gold 2013 , pp 375-388 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 26, 2013

During the last 20 years, manufacturers of Australian iron have given increasing attention to development of external markets for processed blast furnace slag. Slag has been in widespread use overseas and data on the performance of Australian slag in concrete lave shown it is suitable for that use. Chemical and physical properties of typical Australian slag products including air cooled, granulated and pelletised slag are discussed and compared with local natural aggregates. Special attention is given to pumping achieve- ments with slag concretes and the observed durability of concrete after many years service. More'recent applications for granulated slag as a sand replacement are discussed. It is concluded that'whilst more wide- spread use of slag is possible, the cost of marketing and transporting slag are likely to restrict opportunities unless for local usage.

Jan 1, 1979

Over the last few years several important developments have taken place in the Electro- lyte Purification Plant at Copper Refineries Pty. Ltd. A fully automated system for the continuous removal of arsenic has been develop- ed. A submerged combustion process for the removal of nickel has been developed to a stage where patent coverage has been obtained in most of the copper producing countries. A plant has recently been commissioned for the production of Tetra Cupric Arsenate, which it is hoped will find a ready market in the timber preservation industry.

Jan 1, 1974

By T Baumgartl, B Noller, B Forsyth, J Park, M Edraki, P Pham

Understanding and quantifying residual risk is the key to the successful closure and rehabilitation of mines. An important aspect of residual risk is predicting the long-term chemistry of mine water and the long-term geochemical stability of mining wastes. This requires updating the characterisation data for mine wastes and monitoring mine drainage throughout the life-of-mine. The intrinsic properties of waste materials (ie the geology, mineralogy and the weathering processes, which in turn depend on the local climate and water balance in a waste storage facility) are the fundamental controlling factors of residual risk. In this paper, case studies of coal and metalliferous mines are used to discuss the definition of residual risk for a range of waste storage facilities and to highlight the benefits and limitations of current geochemical methods in predicting and quantifying residual risk. Consistent with the classification of mine drainage by the Global Acid Rock Drainage Guide, three case studies of acid, saline and neutral drainage are presented.CITATION:Edraki, M, Pham, P, Park, J, Baumgartl, T, Noller, B and Forsyth, B, 2016. Defining residual risk for successful mine closure – a geochemical perspective, in Proceedings Life-of-Mine 2016 Conference , pp 9–11 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jun 28, 2016

By J Johansson, J Lööw

There are many reports about how the new technology will affect our work, sometimes they are utopian but often dystopian. Most of the visions describe the industrial work, while the work of the managers does not seem to be affected. In this article, the authors will discuss how the new technology within the concept of Mining 4.0 changes the conditions for leadership and the work of managers in a modern mining industry.

Sep 1, 2024

By Churchill M

One of the significant changes which has occurred in the flotation sector of the minerals industry, over the last two decades, has been the successful development of the very large flotation machine. The last twenty years has seen the volume of the individual cell, available to the industry, increase by a factor of ten. Today, new mills, and existing mill modernization plans, can consider individual cell volumes as large as 85 m3 with the certainty that the metallurgical performance capability of the large machine is inherently as efficient as the smaller machine. The large flotation cell offers benefits to the user such as reduced floor space, lower total power, process control simplification, and reduced maintenance. However, the flotation machine size selection process, based on overall installation economics, must include such factors as process tonnage, flotation kinetics characteristics, and metallurgical performance objectives. This paper discusses the flotation machine size and circuit arrangement selection based on both metallurgical performance and economic considerations. A computer based flotation kinetic analysis technique, which has proven valuable in quantifying the metallurgical response of flotation circuits having different cell sizes and number, is utilized to illustrate the selection of cell size and arrangement best suited to a client's Requirement.

Jan 1, 1991

By A Halim

The European Union (EU) have recently issued new Threshold Limit Value-Time Weighted Average (TLV-TWA) for diesel exhaust contaminants, which are CO, NO2 and DPM. The new limits for CO and NO2 were issued in 2017 whilst the one for DPM was issued in 2019. However, in order to allow EU mines to formulate strategies to comply with these new limits, the EU granted a transition period in which mines could use the old limits until the new limits are enforced. The new limit for CO and NO2 will be enforced from 21 August 2023 whilst the one for DPM will be enforced from 21 February 2026. The new limit for NO2 and DPM is very low, 0.5 ppm for NO2 and 0.05 mg/m3 of Elemental Carbon (EC) for DPM. Combination of these two limits would be the lowest among all mining jurisdictions worldwide. It poses a huge compliance challenge to EU mines if they keep using diesel machines. Therefore, a study and a field trial were carried out by the author in 2019–2021 to investigate whether replacing diesel machines with Battery Electric Vehicles (BEVs) would be the best answer to this challenge. This paper outlines results of this study and field trial.

Oct 12, 2022

ICI Australia has been developing PC-based software to assist the blast engineer to design and monitor open pit blasts. The scope of this software differs significantly from commercially available mine design packages.The software is designed for routine use in a normal production environment. The system enables the engineer to produce practical documents which include: a drilling plan, a loading sheet, a hook-up diagram, an inventory of explosives and auxiliary items, and other data on the blast such as tonnages and powder factors.

Jan 1, 1992

By M Lee, J F. Carswell, G Reitsema

"The increased costs of underground mining have continually challenged engineers to identify opportunities for alternatives to common approaches to underground development. Considerations to the design of horizontal and vertical development at the Dugald River mine targeted inclined raise boring to reduce horizontal development, not only to reduce cost, but to allow development activities to focus on other areas of the mine.The mine plan consists of 50 raise bored ventilation shafts, of which 17 have been mined to date with diameters ranging from 3.1 m to 5 m and lengths from 30 m to 200 m. The expected performance and stability of these shafts has been determined using methodologies proposed by McCracken and Stacey (1989) and further refined by Peck, Coombes and Lee (2011). Actual raise performances have been collated and compared to a database of raise bore performances across Australia as presented by Coombes, Lee and Peck (2011), and form a database of raise bore performance specific to Dugald River.Opportunities to further optimise the mine plan and reduce costs have seen the introduction of large diameter-inclined raise bored ventilation shafts to minimise the required lateral development to connect the ventilation circuits. Large diameter inclined shafts ranging between 3.1 m and 4.5 m in diameter have been successfully mined with dips down to 70°, reducing the cost of lateral development by more than $1 million over the next two years.Both technical and operational challenges were overcome in the mining of large diameter-inclined raise bores, including modification of: existing methodologies of assessing shaft wall stability for inclined raises. These included variations of the McCracken and Stacey method and the utilisation of the modified stability number (N’) previously developed for stope performance (Potvin, 1988). both the collar and toe development profiles, including the general set-up of the raise bore drill rig to reduce the operational risks associated with angled raises.Due to their success, inclined raises have been designed for subsequent stages of the life-of-mine ventilation system at Dugald River. This has resulted in significant capital cost savings for the mine.CITATION:Carswell, J F, Reitsema, G and Lee, M, 2017. Vertical and inclined raise bore performance at Dugald River mine, in Proceedings 13th AusIMM Underground Operators’ Conference 2017, pp 313–320 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Oct 16, 2017

By H Kim, J Park, J Lee

Silico-ferrite of calcium and aluminium (SFCA) is a bonding phase in the iron ore sinter. The phase transition upon melting of SFCA was investigated with Differential Scanning Calorimetry and Confocal Laser Scanning Microscope. The initial melting of SFCA occurred at 1183.2°C and a massive melting was found at around 1351.1–1358.2°C. A phase transition-melting was investigated at 1476.5–1478.7°C. The liquid phase was composed of immiscible phases. The present results would be utilised to design a new iron ore sinter for better processing performance in a hydrogenenriched ironmaking process.

Jun 19, 2024

The originally estimated mine life at Kidston (starting 1984) was 12 years. Through a continuing process of re-evaluation and improvement in the operation and by expanding the geological knowledge in the region, the mine life has been considerably extended. With falling grades and harder ore, the additional reserves have come with increasing risk - not only in an economic sense associated with diminishing profit margins but also operationally, requiring innovative milling technology and geotechnical designs to provide a lower cost environment for continued profitable mine production.

Jan 1, 1994

By Wang Y. J

This paper describes a more generalised or generic approach for the mine ventilation network problem. More specifically, it defines the network variables in a manner that establishes the network problem in a nonlinear programming format. Assigned to each branch are three variables: air quantity, regulator pressure loss and fan pressure. Each variable is imposed with lower and upper bounds. Based on these, the generalised network problem for a mine ventilation network with B branches is presented as a system of B independent network equations in 3B unknowns (variables) with variable bound restrictions, and it is classified as a nonlinear optimisation. A nonlinear programming model has been developed for this generalised network optimisation problem. The model is formulated and transformed into a standard equality-constrained nonlinear programming form with given variable bounds. Then, MINaS (Modular In-core for Nonlinear Optimisation System) is used to obtain solutions. Examples are given to illustrate this nonlinear programming approach to the mine ventilation optimisation problem.

Jan 1, 1993