Search Documents

Before exploration programmes or minerals developments are formulated, a mining company ought to assess how capital can be returned if the project is successful. A fact not well appreciated by the minerals community is that it is often difficult to get money out of many Pacific Rim countries due to special foreign exchange controls or restrictions on dividend or capital repatriation. On top of this risk are factors such as creeping expropriation through administrative, fiscal, or corruption pressures; environmental regulations; terrorists; and organised labour and political activists. Political risk is much more than just expropriation or nationalisation.Political risk factors can make or break a project in many PacRim countries and just the cost of delays and negotiations can insidiously affect project economics. This unpalatable thought, however, can be readily addressed by either legal structuring e.g. offshore proceeds accounts, offset/back-to-back currency hedges, or political risk insurance for the equity as well as any subsequent project development debt.

Jan 1, 1990

By Barber J

The manganese ore of Groote Eylandt is a shallow sedimentary deposit of Cretaceous age. There are a number of deposits which vary greatly in ore texture, density, percentage of matrix and thickness. The thickness in the present five operating quarries varies from 1-5 metres. The mine output in 1973 was 3 million tonnes of which 60% was blasted, the remainder ripped and bulldozed. The shallow deposit and its varying thickness create rather unique blasting problems which must be overcome in order to produce a minimum overall mining cost but not necessarily resulting in a minimum drilling and blasting cost per tonne. Future planning envisages the introduction of site mixed slurry explosives following test work and the application of a twin boom single operator rotary percussion drill. The paper outlines the overall developments,present and envisaged practices and the reasons for these changes.

Jan 1, 1974

During 1991 - 1993 the author interviewed approximately thirty senior managers of varying responsibilities in either the engineering, construction or operation of a heavy industrial facility. The purpose of the exercise was to determine the factors driving a deterioration of the working relationship between the engineering and the operating company following practical completion of a major project. From the research a number of conclusions have been drawn as to the root cause of the deteriorating relationship. For this paper we are drawing on this initial research and our ongoing experience of solving problems of this nature to present some fundamentals that can be used to break the breakdown maintenance cycle.

Jan 1, 1998

The impulsive loading tests under confining pressure were performed to investigate the dynamic fracture properties of rocks in a triaxial stress state. The apparatus in this study consists of the Split Hopkinson pressure bar, a pressure vessel and hydraulic actuator. Magnetite-quartzite and limestone were selected for the test. The stress-strain curves and fracture strength under confining pressure obtaind in the tests were compared with those of the conventional triaxial tests. Finally it is concluded that on the effect of dynamic that on the effect of dynamic compressive strength of rock, dynamic elastic coefficient of rock and confining pressure etc. on the blasting result

Jan 1, 1990

By M Miettinen

That microorganisms, both living and dead, and products derived from the organisms, can function as flotation agents and flocculation agents is abundantly clear. They can modify the surfaces of minerals. They can function as flotation collectors and as flotation depressants and activators. In many cases they or their products can function as specific flocculation agents. Problems that must be solved before such microorganisms or products from the organisms can be used in commercial operations include culturing the organisms at a cheap cost and reduction in dosages required for various separations. These tasks are formidable. However, the concept of using such natural materials in place of various chemical reagents that may be toxic is very attractive. An attempt is made to show some of the promise of microorganisms in mineral bioprocessing and to consider the problems that must be overcome before commercial application of the technology is realised.

Jan 1, 2005

By Parker GJ

The financing of smaller resource projects has proven to be a difficult problem for promoters and financiers alike as very often such projects have not met the requirements of available financing methods and promoters have equally found it difficult to establish credibility, management and technical ability with potential financing sources. Solutions to the dilemma in which many of these projects find themselves are not readily apparent but will need to be found if the full potential of Australia's resources is to be realised. INTRODUCTION The growth of so called project financing in its present form is normally considered to be a phenomenon of very recent times, however, paradoxically there are references to what could be called financing in the old testament. To confuse the issue further financing small resource projects may not, and very often are not undertaken on a project financing basis. It is therefore quite apparent that one should be completely clear on:

Jan 1, 1982

By Harrison J

The correct selection of equipment to use in a mine is a problem which constantly faces the mining engineer. In some cases a wide choice of equipment with different operating characteristics is available. If this equipment is to be used to assist in moving the ore it may be possible to build a computer simulation model to predict how it will perform. Typical problems that lend themselves to this type of analysis are presented. The computer models are constructed using a recent form of the GPSS computer language, namely GPSS/PC for the personal computer. This language allows the programmer to construct models in a very short time and at a low cost. Of great importance is the easy way in which it is possible to change the models to answer any of the "what if?" questions the engineer may pose.

Jan 1, 1987

By Baynes F. J, Bermingham A. G

The 6000m long King Headrace Tunnel will be driven through hard Owen Conglomerate in the Eastern third and feldspar porphyry in the Western two thirds, with the anticipated hardness up to 350MPa unconfined compressive strength. Since the Commission had not driven a long, large diameter tunnel for some twenty years, major research was undertaken to assess the current tunnelling trends. Tunnel boring machines were compared with drill and fire equipment. Rail equipment was compared with rubber tyred equipment. Tenders were called with tenderers invited to submit alternatives if desired. Commissioning and production excavation using the equipment is discussed with the final conclusion being that the individual items of equipment purchased combined to make an efficient hard rock drill and blast system capable of progressing through all rock conditions likely to be encountered on the King and Anthony Schemes.

Jan 1, 1987

An international raw material partnership, a $164 million 900,000 long ton per year aluxAna plant; an ideal location at Gladstone, Queensland, Australia - this is Queensland Alumina Limited, on stream in 1967 expanded 50 per cent by the end of 1968. Queensland Alumina Limited is the world¦s most modern alumina refining operation which is owned by an international consortium of four companies; Kaiser Aluminum & Chemical Corporation of the United States with 52 per cent; Alcan Aluminium of Canada with 20 per cent; Pechiney of France with 20 per cent; Conzinc Rio Tinto of Australia, 8 per cent. Q.A.L. operates as a co-operative -- the partners do not draw profits from the venture. Instead, each member of the consortium draws alumina in proportion to his share of the ownership. The method of disposal of this alumina is for the partner to decide.

Jan 1, 1969

By Kelly GD

Prior to 1986, users of satellite based remotely sensed data were almost exclusively reliant on the United States Landsat series of satellites to monitor our Earth's resources. This situation changed when France, Belgium and Sweden launched SPOT-1 in 1986. The year of 1988 saw the Japanese also enter into the earth resource satellite business. The Japanese launched an earth resource monitoring satellite with an emphasis on marine resources, hence the name MOS-1 (Marine Observation Satellite). Many more remote sensing instruments are planned for launch by these nations and others in the next 10 years.

Jan 1, 1990

With the proclamation of the Environmental Protection Act, 1971-80, the Environmental Protection Authority and Department of Conser- vation and Environment were established to enhance the quality of the environment. Proposed gold developments of all scales can be referred to the Authority in the form of a Notice of Intent. Environmentally significant projects might then require preparation of an Environmental Review and Management Programme. Current environmental issues include the'effects of clearing by prospectors,, mine dewatering and tailings disposal. INTRODUCTION In the past, the environmental aspects of gold industry related activities have received little attention. However, with the proclamation of the Environmental Protection Act, 1971-80, mechanisms were instituted which allowed both for referral of projects to the Environmental Protection Authority (EPA) and establishment of the Department of Conservation and Environment. As well as providing assistance to the EPA on referred projects, the Department is concerned about a number of environmental issues associated with the gold mining industry.

Jan 1, 1982

The constraints in university courses are lack of hours, high cost of scientific equipment, and poor availability of suitably experienced staff. These have forced the balance away from practical work and towards more theory. Labelling of individuals as either practical, or academic, does not help the inter- change of staff between industry and univer- sities that is necessary to balance idealism and realism. Practical men who do return to universities may lose seniority and find that industry is reluctant to have them back. Academics who specialise too long may concentrate on their research to the exclusion of basic material. It is difficult to operate pilot scale plants in universities because of lack of time, and obsolescent equipment. Small grants from industry might enable tests to be run in research laboratories such as at C.S.I.R.O.. Within universities there may be a need for greater interchange of students among depart- ments, aided by the absence of weighted student unit measurements, as suggested by Aus.I.M.M. and A.M.I.C.

Jan 1, 1984

Proper technical appraisal of a coal deposit and the determination of optimum open- pit mine design can only be made after detailed examination of a number of interrelated geographical and geological factors. Initial evaluation of the geography and the overall attitude of the coal measures can often determine the most likely coal mining technique. Conclusions reached in the early stage of the investigations frequently dictate the quality and quantity of particular types of data required from further drilling of the deposit. In many cases, insufficient information relating to the overall engineering aspects of a coal deposit is derived from drilling. Little or no attention is paid in the exploratory phase to such things as the specific gravity of selected overburden samples, floor conditions, clay content of the overburden and selected strength tests on cores. This is a direct result of geologists treating coal deposits purely in geological terms without sufficient consideration being given to the engineering parameters required for a proper evaluation of the deposit.

Jan 1, 1977

By H Durrant, P I. Corke, J Cunningham

This paper reviews the state-of-the-art in the automation of underground mining vehicles and reports on the development of an autonomous navigation system under development through the CMTE with sponsorship arranged by AMIRA. Past attempts at automating LHDs and haul trucks are described and their particular strengths and weaknesses are discussed. The auto-guidance system being developed overcomes some of the limitations of state-of-the-art prototype æcommercialÆ systems. It can be retrofitted to existing remote controlled vehicles, uses minimum installed infrastructure and is flexible enough for rapid relocation to alternate routes. The navigation techniques use data fusion of two separate sets of sensors combining natural feature recognition, nodal maps and inertial navigation techniques. Collision detection is incorporated and people and other traffic are excluded from the tramming area. This paper describes the work being done by the group with regard to auto-tramming and also outlines the future goals.

Jan 1, 1998

The control of industrial grinding circuits in Australian concentrators has been practised for many years in one form or another. Some have established simple feedback loops in areas such as fine ore bin feeders (tonnage control), mill pump sump levels (flow control) and water additions (density control). There are also some sophisticated systems which infer circuit product size using complex measurements of mass flaws and water additions in the circuit and attempts are made to control those flaws to produce a constant circuit product size. The inferred size method in Australian concentrators has become firmly entrenched in the last ten years and control techniques involving the use of direct size measurements with reliable on-stream sizers have been Ignored.

Jan 1, 1983

The resource sector is conservative industry and people are resistant to change. The methods and procedures used to implement changes in process plants ultimately determine the success of such changes. The financial managers have a large say in where money is spent and the technical personnel must justify the cost and benefits for any expenditure. There are also others who believe it canÆt be done û æwe tried thatÆ. Implementing change needs a æChampionÆ who can assess the risks, plan, define the objectives and scope, set the goals, determine the key performance indicators (KPIs) and stay focused. This also requires preparing a budget and schedule and measuring against this. Contract management, reports and reviews are part of the implementation. Several case studies are given as examples of the implementation of process design changes to highlight the critical aspects involved.

Jan 1, 2009

Some thirty ore minerals occur in the Mount Morgan orebody. Pyrite is the dominant mineral with chalcopyrite, magnetite and pyrrhotite major components. Gold and gold tellurides, in accessory amounts, are economic- ally important. The prevalence of volcanic rocks in the mine area and the presence of trace amounts of such minerals as cassiterite, gold, native bismuth and rutile suggest a voicanogenetic origin for the ore. The ore occurs in a breccia pipe which cuts through the volcanic and associated strata but the former existence of a syngenetic stratiform ore bed is evidenced by the presence of occasional masses of perfectly banded sulphide ore including a barite-rich "black shale" with sulphide layers exhibiting slump structures. Mineralization is thus both _ syngenetic and epigenetic. The orebody (breccia pipe) is intruded by small stock-like bodies of quartz latite which is believed to have been the upward rising magma invading the orebody of which it is the parent. This has resulted in the annealing recrystallization of the ore minerals and the quartzose gangue with a low strain rate due to magma drag and dilation during intrusion.

Jan 1, 1974

By Best R, Poulos H

This paper discusses the results of an Australian Coal Association Research Program project into the development of a routine analytical design method for roof support in underground mines. Simple design tools have been developed using a combination of elastic solutions, free body diagrams, and pile theory. An approach to the design of roof support in layered strata based on the ability of bolts to resist shear stresses is outlined. It is shown that pre-tensioning and angled installation are effective ways of increasing the effectiveness of bolts in such a situation. In highly stressed strata, macroscopic failure is predicted and a design based on the support of surcharged rock wedges is proposed. The methods are applicable to both coal and metalliferous mines.

Jan 1, 1995

This paper explains why the valuation of mining assets is often a very different exercise from the valuation of the shares in the mining company which owns those assets. The fundamental reason for this is that mining assets, and the shares of the company which owns those assets have different risks. In order to properly value mining securities it is essential to: ò ensure all the different risks and other factors which impact on the value of the mining assets and the value of the shares are taken into account; and determine the extent to which the different risks and other factors are addressed in the value of the mining assets and the value of the shares so as to avoid double counting or not counting at all. If the alternative, but far from consensus, view is accepted that the correct valuation methodology to apply to shares in mining companies should be based on option pricing theory then conventional valuation practice of both mining assets and shares in mining companies will need to be fundamentally reassessed.

Jan 1, 1994

By Moore R

An intensive safety campaign at Mount Isa Mines Limited from 1956 to 1966 saw the lost time accident frequency rate fall to half its original level. A review of the safety programme was carried out in 1967 and in 1968 the Five Point Safety System was introduced. The seven years since its introduction have been years of significant achievement both in production and safety. Improving safety is a fundamental part of Mount Isa Mines Limited's policy and this system has been a major tool in implementing that policy. To be successful personnel need to be prepared and trained for its introduction and subsequently counselled on its use. A carefully prepared programme is required to phase in various aspects of the system and to make use of complementary steps. The system has been a success and it is anticipated that the continued drive to improve the use of principles of the system will further improve safety. It is hoped that this paper will be of value to those personnel concerned with industrial safety in Australia.

Jan 1, 1975