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This paper provides a financial perspective to the valuation of Australian resource companies and projects. Valuation exercises need, however, to be seen in the broader context of a thorough business appraisal, one that incorporates all disciplines employed in the resources industry. Fine tuning a discount rate or determining a particular capital structure is likely to be less important to valuation than an adequate understanding of industry dynamics and a company's likely performance in future years.

Jan 1, 1989

Mount Isa Mines has been mining base metals since 1924. Annual production is currently 185 000 tonnes of crude lead, 207 000 tonnes of anode copper and 361 000 tonnes of zinc concentrate. This is achieved by underground mining of 11.7 million tonnes of ore followed by traditional flotation concentration and smelting operations.

Jan 1, 1976

The seventies was a decade of intensive hydrometallurgical activity, firstly for copper recovery, then uranium, and finally gold. In comminution, semi-autogenous grinding was applied to uranium and gold ores. In leaching there were extensive investigations into pressure and in-situ systems, and into ammonia and chloride leaching processes. Solvent extraction became a major unit operation for copper recovery. New reagents and equipment were introduced. There was a resurgence of ion exchange for uranium as low grade sources were tapped and continuous ion exchange systems developed. Carbon-in-pulp technology came to the fore for gold recovery with the development of desorption and electrowinning systems. Electrowinning was widely applied for copper in conjunction with solvent extraction. There was a continued move to greater mechanisation and higher current density. There were important developments in solid-liquid separation such as high capacity thickeners, belt filters and sand filters. Many of these trends will continue in the eighties. Interesting new developments can be expected.

Jan 1, 1981

The safety in pillar extraction is closely allied to the design features of the pillar extraction system. Considering the conventional supported systems of pillar extraction there are problems associated with complying with the design system outlined. The accident causing agencies and the legislative action to overcome them are im- portant aspects. There is merit in the regularity of support and the limiting of the effects that human error can cause. But new problems and hazards are introduced by this powered support equipment. The comparison of accident experience is difficult due to lack of records and lack of uniformity of approach, but it is clear that powered supports provide a safer system. Every progress in research and practice provides further data to employ in accident prevention.

Jan 1, 1974

By Giannini L. M

The determination of the "optimum pit limit" of a mine has long been considered as a fundamental problem of mine planning. A number of mathematical techniques have been proposed to solve this problem some of the more elaborate ones posing considerable computational difficulties for their implementation. Barnes and Johnson recently introduced "bounding techniques" to ease the computational effort required for determining the optimum pit. The aim of this paper is to point out and correct some errors in their techniques. A presentation of a general bounding algorithm is given.

Jan 1, 1985

APPIN AND TOWER METHANE ENERGY PROJECTA world first in energy innovationBHP has teamed with Energy Developments Limited and Lend Lease Infrastructure, to establish an electrical power generation facility that utilizes methane produced as a by-product of mining at BHP's Appin and Tower coal mines in southern New South Wales.

Jan 1, 1998

Current NSW Government policy requires searching for more than just minerals during an exploration program û add endangered fauna and archaeological relics for a start.

Jan 1, 1995

The introduction of gravimetric sampling of respirable dust in the mining industry ne- cessitated the standardisation of techniques. The paper reviews the legislation con- trolling respirable dust monitoring for risk assessment purposes, it discusses the actions taken to introduce gravimetric sampling in collieries and it summarises the proposed guidelines. In conclusion, some of the results of dust surveys conducted in accordance with the proposed strategy are discussed.

Jan 1, 1988

Seven papers included in Session 8 of the Third International Mine Water Congress under the heading "Achievements in Mine Water Management & Research" have been reviewed. Only one paper, a case study by Masters on biological treatment of inorganically polluted effluent, has any connection with research in the sense of seeking new, generally applicable knowledge which would advance the frontiers of mine water management. The remainder deal with various aspects of the management of mine water ranging from investigation of the geology of a specific aquifer system through operating dewatering systems to the management of specific effluent disposal problems.

Jan 1, 1988

By Hughes A

Nchanga Division of ZCCM has installed and operated a trolley assist system on part of their truck fleet for some three years. This paper examines how the system came to be chosen and how the many features of construction and operation were dealt with. The economics and productivity of the system are presented as are the personnel aspects of acceptance and training. Zambia Consolidated Copper Mines is a state controlled copper mining company formed by the amalgamation of the former Nchanga Consolidated Copper Mines and Roan Copper Mines. The company operates seven copper mines the largest producer being the Nchanga division, which is scheduled to produce some forty-two percent of Zambia's copper production. The division operates four open pits and an underground mine which produce annually some 192 000 and 96 000 tonnes respectively of copper contained in ore.

Jan 1, 1986

It is a very great privilege for me to be able to address you tonight and I am deeply sensible of the honour which has been done me. I am equally sensible of the inadequacy of my training for the position of President of your Institute.May I say at once what a very great pleasure it is to have so many members from the mainland States visiting us here in Tasmania. We do hope that you will find pleasure and profit in your stay.Since the Annual Conference is always held in the vicinity of one or other of the great mining fields, it has become the practice for the Presidential address to review the history of the particular field and t(j) indicate its place in the economic structure of the country.I propose to follow this practice and to try and present to you a short picture of thÇ mineral industry as it has existed in Tasmania. None of the information is new it is available in diverse and remote geological reports and in publications such as Witham's Western Tasmania and the more recent Peaks of Lyell. The last composite approach was written twenty years ago by P. B. Nye and published as a Geological Survey Bulletin.I have enjoyed preparing this address because on occasion I find it refreshing to look back and see what was known and what was accomplished in the days when the going was a little tougher than it is now, and to speculate upon the reasons that drove men to do what they did. I shall therefore discuss the search for minerals in this State; the discoveries over the years; the elation with which the new fields are greeted; the disappointments attending some of them; the mines that have come and gone; and the...

Jan 1, 1958

There is considerable variability in the level of detail incorporated in prefeasibility studies relating to mining developments. Hence, when undertaking a review or audit, it is critical to attempt to ascertain at an early juncture precisely who has compiled the various facets of the study, for what purpose it was intended and the terms of reference given to the authors. Likewise, when commissioned to undertake an audit it is preferable to have proper terms of reference and to be aware of the purpose to which the audit will be put.These factors will influence the degree of detail an auditor would expect to find in the study and consequently, the degree of effort/time required for the audit process. In most instances audits do not imply recalculation of the entire study or modifying it in anyway, but involve an overall assessment of the methodology used, combined with spot checking of detail. One of the most difficult aspects is to determine a realistic order of accuracy for the overall study when the accuracy of the individual components may differ markedly.

Jan 1, 1990

By Davies S. G, Jayaweera A

The oxidation of nickel sulphide and copper sulphide concentrates, and coal, has been studied under non-ignition and ignition conditions using Differential Thermal Analysis (DTA) and Thermogravimetry (TG). The non-ignition reaction was favoured by slow heating rates < 10°C min-1), low masses < 10 mg) and an air atmosphere. Under these conditions, the typical stepwise oxidations of the various sulphide minerals present in the concentrate were observed as resolved exothermic peaks in the DTA curves and weight losses in the TG curves. Above a heating rate of 10°C min-1 , sample masses in excess of 10 mg and an oxygen atmosphere, an ignition reaction was induced, as indicated by a major high energy exotherm in the DTA curve and a major rapid weight loss in the TG curve. The ignition temperatures of the minerals under ignition conditions, found for 15 mg samples heated at 20°C min-1, were 434°C for the nickel sulphide concentrate, 372°C for the copper sulphide concentrate, and 230°C for the coal. By plotting a curve for mass against ignition temperature at constant heating rate and extrapolationto zero mass, a value of 470°C was obtained for the mass independent ignition temperature of the nickel sulphide concentrate. Ignition temperatures and extents of reaction at various temperatures were obtained using the TG technique in a novel manner which produced heating rates of 4500°C min-1. Under ignition conditions, the oxidations approximate to flash smelting conditions.

Jan 1, 1985

The seemingly insatiable world demand for mineral and energy products is continuously pushing out the frontiers of exploration and development in countries around the Pacific Rim.

Jan 1, 1990

The introduction refers to observations made in the early days of the Nationalisation of the Coal Industry in the United Kingdom, indentifying the underground transportation problems. Statistical information is presented, highlighting the considerable developments which have been made in recent years with an evaluation of the manpower and cost involvement.

Jan 1, 1985

AustraliaÆs success as a mineral producer and exporter rests heavily on its technological competence. That competence is based not just on adopting internationally-developed technology but also on ground breaking research conducted at Australian research institutions, many of which have global reputations. A number of forces are now operating to speed the introduction of advanced technology to mining and processing operations around the globe and this will create pressure on the Australian industryÆs ability to retain its competitive edge. Examining the foundations of that national research base and the associated culture of innovation may provide some guide to the dynamics that will be required to maintain technical competitiveness in the future.

Jan 1, 2008

By Spencer PA, Winborne DA

The Porgera mineral deposit in Papua-New Guinea contains gold as finely divided, probably submicroscopic (1 um) particles dispersed in a pyrite sulphide matrix. Only 25-30% of the gold in pyrite can be extracted by direct cyanide leaching and fine grinding the pyrite does not increase gold extraction significantly. This work is concerned with the application of alkaline leaching at atmospheric pressure to oxidise the pyrite prior to gold recovery by cyanidation. The paper presents and discusses results of a comprehensive set of testwork using sodium carbonate, sodium hydroxide and calcium hydroxide alkaline media. Best results, at 60-70% gold extraction, were obtained with sodium hydroxide systems.

Jan 1, 1984

An experimental study of the influence of surface active agents on the dewatering of fine coal was undertaken with a view to evaluating the usefulness of such materials in reducing the residual moisture contents of filter cakes. Experimental evidence is presented which suggests that while polymeric fiocculants have a beneficial effect on settling, they can have adverse effects on the filtration of the thickened underflow. Detergent addition, on the other hand, was shown to reduce filter cake moisture, and the magnitude of this effect was determined, in part, by the prevailing electrochemical equilibrium at the solid-solution interface.

Jan 1, 1976

By Dorricott M. G

This paper reviews the present status of mining engineering education in Australia, outlines the main objectives of current programs, and looks at some of the difficulties that need to be overcome to maintain and improve current standards.A case is made for greater co-ordination and co-operation between the institutions themselves, and between industry and the professional bodies to ensure the highest standards are achieved in the most efficient way.

Jan 1, 1992

Although the title of this paper permits a very broad scope for discussion, I propose to deal mainly with those aspects of design part- icularly related to rook filling, the'theme of this conference. The unique suitability of belt conveyors for the continuous economical delivery of materials into or out of underground workings, is well established and needs no elaboration. The facility with which conveyor units, comprised of modern modular components, can be adjusted to lengthen or shorten, their ability to be readily repositioned to suit the develop- ment of a work pattern and their virtues as low noise, reliable transport media, are already accepted by all who are involved with the mining industry.

Jan 1, 1973