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Taxation is a major factor in evaluating mining project developments. The availability or otherwise of effective tax relief for project expenditures can have a crucial bearing on the decision to proceed with a project. The special position of the mining industry is recognised within the Income Tax Assessment Act (the "Tax Act") by special legislation, namely Divisions 10, 1OAAA and 10AA. The legislation both extends the scope of items which are eligible for deduction and affects the timing of deductions. Generally, the legislation separates expenditure into 3 categories: 1. Expenditure on exploration 2. Capital expenditure on the development and the running of the mine; and 3. Facilities used in the transport of minerals. Companies evaluating a project should carefully analyse their proposed expenditures, allocating them between these categories so as to identify potentially non-deductible expenditures and to determine the period over which tax relief will be Obtained.

Jan 1, 1983

The global recession of the 1980s drove commodity prices down and intensified cost competition. The 1990s saw a restructuring of the mining industry with the survivors adopting new technology, significantly increasing workplace productivity and reducing capital and operating costs. Major changes in mining industry business strategies evolved in the late-1980s including the development of miner - supplier - manufacturer - partnerships, cultural changes in work practices and common goals between the partners to reduce the cost of production. These industry trends are putting new demands on mining machine manufacturers and dealers both on the `hard' side of the machine business, such as research and product development programs, and on the `soft' side in terms of business processes, use of human resources and communication. The paper describes several mining industry trends as identified by a large supplier to the industry, and discusses the impact they are having, and will have, on mining machine development and the provision of product support services to the industry.

Jan 1, 1995

The continuously growing coal mining industry of India presently includes shovel dumper combinations in open cast mines, sometimes with dragline mining of overburden, together with the whole range of longwall and bord and pillar underground mining, continuously undergoing fuller mechanisation. This transition from "low tech" to "high tech" systems is now monitored for reliability and provides bases for comparisons of downtime relative to age and make of equipment, whether imported or indigenous, including spare parts, as well as frequencies of particular failures to allow analysis and progressive improvement. Varying geologies complicate technology and equipment requirements, especially in underground mine,s with minimal technological standardisation, but now, reliability in South Eastern Coalfields Limited has been given more importance and superior technological back-up is being developed.

Jan 1, 1991

During 1979 the writer had the privilege of interviewing about 50 people with varying degrees of involvement in the industrial arena and all of them in one way and another, had a part to play in the huge and intricate saga of Australian employee relations. They fell into the following' categories Industrial Relations Officers/Managers Academics Politicians Union Officials Representatives of Employer Associations Senior Industrialists Commission Members (State and Federal) Sundry (Journalists, Government Officials). This paper seeks to give an account of their views on various aspects of industrial relations. The interviews conducted were all on a personal and confidential basis so it can be expected that sources will not be identified. Suffice it to say that this account represents, albeit in "potted" form, the opinions of some of the most experienced individuals in the country. It will be seen that in most of the vital areas there is a remarkable lack of consensus. It should be noted that this lack of consensus existed within each of the groups mentioned.

Jan 1, 1980

Extensive geophysical exploration and drilling operations have been: conducted in, South Central Queensland by Phillips Petroleum Company and Sunray DX Oil Company since late 1959. The main outlines of subsurface geology are now known, but many problems must be solved before a comprehen sine. picture can be presented of the geology and petroleum prospects e Interpretations to date suggest that -fiddle Paleozoic sedimentary rocks, probably, related to the Tasman belt of geosynclines, once extended. over. most. of the area An oro;eny 2.n late Paleozoic time, succeeded by deep pre-Pexmian erosion, removed the older sediments over large. areas, but Paleozoic sediments, were preserved from erosion in the Adavale and ancillary structur-a.l basins. Marine sediments of Devonian age are con-sidered prospective source beds for petroleum. Current work is directed toward finding favorable structure and reservoir beds to test the oil prospects of the area.

Jan 1, 1962

The behavior of a curved wall under earth pressures for a horseshoe shaped tunnel lining is considered to be closely related to the beha vior of a vertical beam with variable flexural sti-"ness on an elastic foundation. In stress analysis an approximate method which divides the axis of the tunnel lining into small finite lengths and replaces the integrals by summation is usually adopted. this method is extremely complicated and tedious. However the variations of the moment of inertia from point to point along the wall axis can be expressed by a power function inversely .eith the distance from the ll )ottom and the analytical method can still used. The equations for the calculation of deflection, rotation, bending moment, shearing urce, and soil reaction of the curved wall are derived in nondimensional forms in this paper.

Jan 1, 1987

By I Chan

The Wambo Rail Spur located near Singleton, New South Wales, Australia, runs for 14 km linking the Mt Thorley rail loop and running north-west alongside Jerrys Plain Road to the Wambo Coal Mine at Warkworth. A portion of the project is a 260 m long tunnel located where the rail line passes under Jerrys Plain Road. The tunnel has a low cover and is mostly within highly weathered to fresh laminated siltstone interbedded with coal seams, sandstone and conglomerate. This paper presents the design basis and construction methods used to achieve the 100 year design life of the tunnel required by Wambo Coal while also satisfying settlement and vibration limits imposed on Jerrys Plain Road. 

Jan 1, 2008

By Wilson O. A, White R. W G

The Mount Morgan mine occupies a unique place in the mining history of Australia and although not as glamorous during the second phase of its existence, it made a significant contribution to the technical and financial history of the nation throughout its life. The stories of the intrigue surrounding its discovery and early operation, the enormous return received by its original investors in its first five years as a public company, its influence on the local, national and international scene to its final closure have been documented in many publications, the most recent and authoritative being by John Kerr (1982). Institute publications as far back as 1911 have documented details of the mining, metallurgical and engineering practices of the two companies which worked the 100 or so acres which were alleged to be `the richest single gold mine in the world'. Within the Institute records appear the names of Presidents, Institute Medal recipients and others connected with Mount Morgan who have played an important part in the Institute history.

Jan 1, 1993

By Spark R. F

The copper deposits at Pernatty Lagoon are predominately djurleite-digenite bodies beneath the permanent water table, and chrysocolla-atacamite-malachite above the permanent water table. The minerals havebeen deposited as sheets, lobes, and pods in zones suggestive of permeability channels or permeability basius with respect to groundwater circulation.Pyrite is deposited in the form of framboids, which reflects its biogenic origin. Copper-iron sulphides deposit by replacement of pre-existent pyrite, and rarely by direct deposition. The latter mode of formation results in complex crustification bandings of chalcopyrite, bornite, sulphur rich bornites, digenite, and blue remaining covellites. The copper-iron sulphides appear to reequilibrate under constrained oxidation, resulting in an iron depletion and associated copper enrichment, the final product of which is a djurleite-digenite assemblage and associated with goethite. Where copper mineralization/ host rock relationships have rendered the rocks entirely impermeable to post ore groundwater movement, then the copper-iron sulphides are preserved as the ore assemblages.Minor and trace minerals observed include sphalerite, carrollite, galena, wittichenite, and possibly tetrahedrite in the primary ores. In the oxidized ores cllprite, tenorite, and trace brochantite have been found.

Jan 1, 1976

This paper provides an expanded definition of industrial minerals that challenges the way we look at exploration, development and the understanding of mineral industry structure and profitability. Included in industrial minerals are bulk commodities such as iron ore and coal alongside the more traditional industrial minerals such as salt, soda ash, silica sand and clay. The profitability of industrial minerals is reviewed from a producerÆs perspective and shown in many instances to be significantly higher than for precious and base metal industries. The key drivers of profitability are examined along with some highly profitable industrial mineral industries such as borate, potash, chromite and natural soda ash. Demand for industrial minerals in Australia and Asia is reviewed, with a focus on supply bottlenecks and the opportunity this represents for investment by Australian companies. The establishment of new price benchmarks is considered and the possibility of new export grades for industrial mineral products. Investment opportunities in industrial mineral projects are outlined, including some exploration concepts in Australia and Asia. Industrial mineral project evaluation methods are discussed and the challenge issued to companies (exploration, production and finance) to become a part of the profitable action in the world of industrial minerals.

Jan 1, 2004

Financial theory often takes some time to penetrate industry and when it does it can result in a paradigm shift in valuations and mental models. The Black Scholes option valuation was first published in 1973, although the authors were only awarded a Nobel Prize in 1997. The valuation of real options has been applied to the oil and gas industry for some time, however it has only recently been more widely applied to the non-oil, mineral resource sector. The use of real option valuation (ROV) for the valuation of marginal and short mine life resource projects is a more useful valuation tool than the conventional DCF, NPV valuation tool. The application of ROV has major implications for corporate strategy. It generally favours equity over debt funding and non-hedging over hedging. A retrospective assessment of the successful development of the Lennard Shelf Operations demonstrates the concepts of implementing real options and the value destruction of limiting operational flexibility through debt and hedging activities.

Jan 1, 2003

By M Harris, C Goodall, B Knopjes

The objective of this work was to investigate the effect of milling and flotation circuit configuration on flotation performance of platinum-bearing ore from the UG2 reef of the Bushveld Igneous Complex in South Africa. Pilot plant trials were conducted at Lonmin Platinum using a highly automated pilot plant (a floatability characterisation test rig or FCTR), with a pilot ball mill, a stirred media detritor and an ISA mill. Different milling and flotation configurations were tested, without changing the overall grind size distribution or flotation residence time from one circuit to the next. Results from the pilot plant tests indicate that staged grinding, with intermediate flotation stages, can achieve significant performance benefits in comparison to a single grind-float circuit, for an equivalent overall grind and flotation residence time. These findings are explored qualitatively, in terms of the recovery and transportation of fast, slow and non-floating platinum-bearing particles through the various milling and flotation stages, and an optimum strategy for the separation of this type of ore is explored and discussed.

Jan 1, 2005

By P Allum

This paper presents a case study to reduce the operational cost on the secondary ball mill circuit in the Lead/Zinc Concentrator at Mount Isa Mines. The circuit includes two five-metre diameter ball mills each closed with a cluster of ten 15-inch cyclones. The operating cost for both ball mills is about six million Australian dollars per annum.The concentrator achieves 75 per cent of the plant design capacity with one ball mill operating, but will have to use two ball mills when 100 per cent plant capacity is required. The optimisation study on the circuit identified a new flowsheet that enabled the concentrator to reach 100 per cent of the capacity by using one of the two secondary ball mills. The success of the project utilised the existing equipment rationally and saved the operational cost for one ball mill at full concentrator capacity. A further simplified secondary circuit is proposed using the IsaMill for the secondary grinding duty. Performance of the IsaMill circuit and the potential cost savings are predicted.

Jan 1, 2002

Coal has been mined in New South Wales for nearly 200 years and prior to 1970 the vast majority of this coal was mined from underground mines using bord and pillar or similar systems.Since 1970 there have been two notable changes in coal production trends in New South Wales as can be seen from Figure 1.1. The steady growth in coal mined by open cut methods. Open cut output grew from about seven per cent of the State's output in 1970/71 to 43 per cent in 1990/91.2. The steady growth in coal mined by the longwall method. longwall output grew from negligible amounts in 1970/71 to 48 per cent of underground production in 1990/91. mines operating longwall units produced 61 per cent of underground production in 1990/91.

Jan 1, 1992

By L Crew, S Jackson

A trial of an Adept Online Ore Sizer (OOS) was undertaken at the WMC Leinster Nickel Operation (LNO) in the first half of 2000. During this time the On Line Ore Sizer has been shown to be a robust and accurate instrument for measuring mill feed ore size. Data collected during the trial indicates significant variation in the F80 of the SAG mill feed. The effects of feed size on milling parameters such as mill weight, mill power draw and mill efficiency appears to be dependent on the ore blend treated. With some ore blends a weak positive correlation was found between ore size and mill weight and milling efficiency but with others no correlation is evident. It is believed that the OOS will become a vital piece of equipment in the future as LNO continues to optimises its milling circuit.

Jan 1, 2000

Victorian brown coals occur in massive deposits, the quality of which is determined in the first instance by means of samples taken from exploratory bores. As a number of important utilisation characteristics are connected, not with the relatively homogeneous organic mass of the coal, but with minor components such as the ash content and particular constituents of the ash, it is necessary to know how bore samples relate to coal finally used in the process concerned. Tests are described in which the statistical parameters associated with bore sampling, operational sampling and sample reduction and laboratory procedures including a range of coal analytical methods were determined. These indicated properties where analytical errors were relatively high and where sample reduction procedures contributed substantially to imprecision in results. They also showed the effects of the non-homogeneity of brown coals with higher than normal ash contents. A further experiment explored the relationship between samples taken at various stages in the course of test boring, digging, and burning a defined 'block' of coal, and demonstrated an apparent increase in the proportions of adventitious mineral constituents as the 'intensity' of sampling Increased.

Jan 1, 1976

Because of the mineralogical complexity of nickeliferous laterites, most commercial and laboratory extractive processes require the ore to be blended to a feed of "constant" chemical composition. Even using the "constant" feed there are significant variations in processing behaviour within and between different feed lots. Chemical and mineralogical analyses of lumps of ore taken from the Yabulu stockpile of Queensland Nickel have highlighted the complex- ity of the ore making up the blended feed material. Each sample has been subjected to acid leaching and reduction/ammonia leaching tests and the results correlated with the mineralogical location of the nickel. The consequences of the variability in ease of leaching of the nickel are indicated.

Jan 1, 1978

By K Schiefelbein, P OÆGrady, R Balusu, T Ren, T Harvey

"An extensive research program has been undertaken over recent years to reduce the risk of fires and explosions in underground coal mines. The research projects have integrated extensive field studies and computational fluid dynamics (CFD) models of goaf gas flow behaviour to develop optimum proactive strategies to prevent and control spontaneous combustion and fires ingoaf areas. The research has developed a fundamental understanding of the air and gas flowbehaviour in goaf areas and provided a detailed understanding of the eff ects of various geological,ventilation, operational and inertisation design parameters on goaf gas distribution. The researchinvestigations have also provided a better understanding of the flow behaviour of gases from the heating in the goaf areas and the effect of various gas and spontaneous combustion controltechnologies and strategies. Field studies conducted at a number of underground coal mines have shown that the proactive strategies were successful in reducing oxygen ingress into the goaf areas and in reducing the risk of fires and explosions in the underground coal mines. The results of various research investigations and guidelines for reducing the risk of fires and explosions in underground coal mines are presented in this paper."

Jun 1, 2012

Uranium minerals were found in Australia as early as 1869, but it was not until the 1940's that a search specifically for uranium was begun. Instrument types and techniques used in early exploration are still used today, but have been developed into more sophisticated and portable types. Recent improvements in exploration have been the introduction of the gamma ray spectrometer, radon sampling and geochemical surveys. The environments of presently defined uranium deposits are predominantly sedimentary. Known deposits in igneous environments are usually small. The size of targets which are likely to provide economic deposits is of the order of 10,000 tons U308, producible at a cost of less than $10 per pound. Such targets are most likely to be in Precambrian sediments or in granitic masses. Recent exploration in Australia has included investigation of Precambrian sediments, Precambrian and Palaeozoic granites, Mesozoic and Tertiary sediments, Precambrian volcanic rocks and brecciated masses of unknown age. The origin and method of emplacement of uranium in these environments is not well known but there are indications that syngenetic sedimentary processes are important, and volcanic rocks may make a major contribution to the supply of uranium.

Jan 1, 1970

By G K. Robinson

The existence of bias in samples taken by cross-stream sample cutters has been investigated using three-dimensional discrete element method (DEM) modelling. Detailed quantitative information on overall extraction ratios, size specific extraction ratios, missed and extra sample components can be made by comparing a reference sample to the actual sample. A key advantage of using this modelling approach over physical experimentation is that the reference sample can be measured on precisely the same portion of the stream of material as the actual sample, thereby allowing the elimination of a significant fraction of the variability and allowing statistically significant results to be obtained using many fewer replicates. Quantitative analysis of results broadly supports the commonly-used rule that the cutter aperture should be at least three times the nominal top-size of the material being sampled, but does not support the commonly-used rule requiring increase in cutter aperture if the cutter speed exceeds 0.6 m/s. Sampler performance can be understood in terms of the balance of forces in the congested region of material formed by the slowing of the particle stream due to collisional interactions around the mouth of the cutter.

Jan 1, 2008