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By C J. Moran

The Gladstone region, as one of the most industrially intense regions in Australia, uses significant quantities of fresh water. Awoonga Dam, situated on the Boyne River, is the only major source of water in the region. The current typical annual usage is 53 GL (Porteous, 2006) and approximately 80 per cent of the water is used by heavy industry (Gladstone Area Water Board, 2004). Until relatively recently, there has been ready and easy access to raw water for industrial use. The recent drought, which resulted in severe water restrictions in 2002 and 2003, emphasised the importance of water for a dominant industrial region like Gladstone. Although now in the process of changing, the typical contractual arrangements in the past have provided little financial incentive for efficient water use. From research undertaken on potential water reuse opportunities, several key questions have emerged related to water management in an industrial region such as Gladstone. This paper highlights these key questions, presents findings from recent regional strategies and assesses the potential for water reuse. Even though there is no clear-cut financial incentive for reusing water, there could be stronger regional and risk mitigation drivers for doing so. Initiatives to incorporate adaptive capacity through collaborative industrial synergies would allow for robustness and resilience in water security, leading to long-term sustainable water management across the Gladstone region.

Jan 1, 2006

By J Hudson

Autogenous (AG) and Semi Autogenous (SAG) grinding mills are the conventional selection for large-scale grinding circuits. It is accepted that these forms of comminution are not the most energy efficient available. This efficiency combined with escalating energy prices, steel prices and the requirement to process larger, lower grade deposits has necessitated that better comminution techniques are found to challenge the dominant position of AG/SAG mills in the grinding circuit. Recent advances in high pressure grinding rolls (HPGR), particularly in terms of roll surface protection have meant that, depending on the application, an economic alternative is available to the large diameter AG/SAG mills. Mining companies now recognise the potential benefits of HPGR and so they need proper assessment in the design of new or upgrade of existing grinding processes. Of course, the answer to the question AG/SAG or HPGR is not straightforward and the impact of the grinding process on the whole metallurgical process needs to be evaluated. Clearly this is a complex decision to make and requires substantial metallurgical knowledge, test work, and objective analysis. The perceived downstream processing benefits will differ between different plants depending on the ore type and processing conditions. The optimal design of the comminution circuit requires that a robust methodology is followed to objectively characterise the ore, size the equipment and determine the downstream processing benefits. The paper gives a brief comparison of the capital and operating costs for both grinding systems, and then outlines the appropriate test work that is required to make an informed decision.

Jan 1, 2006

By R Hartner

Digital optical microscopy (DOM) and automated SEM-based (ASEM) mineralogy systems (MLA, QEMSCAN) have experienced significant developments within the last decade. However these developments have been independent from each other and the two mineralogical techniques have so far not yet been integrated to combine the strengths and technical benefits of both analytical platforms. This detailed comprehensive mineralogical information is critical support for geometallurgy.Major hardware and software advances in DOM in the last few years have provided important new capabilities with potential applications to automated mineralogy. These technological advances have been largely driven by sectors outside mining (eg medical pathology) and have not yet been widely adopted within the minerals industry. The advent of DOM offers significantly more automated mineralogy capabilities than traditional expert-mineralogist driven optical microscopy. This is based on advances in automated image acquisition, high resolution cameras for digital imaging, imaging of large areas through mosaic options, integration of multiple layers and application of advanced image analysis techniques.Ongoing research involves combining the outputs of DOM and ASEM-based microscopy to create new capabilities for integrated microscopy based on development of advanced cross-platform image fusion and data integration between DOM and ASEM (exploiting the benefits of both analytical platforms). This requires non-linear image registration and transfer of mineralogical identification from ASEM to DOM systems using sophisticated image manipulation and data analysis software.Examples will be given of image fusion and data registration for a range of different ore types. Image fusion techniques are demonstrated using a porphyry copper deposit sample where sulfides and precious metals are classified using the MLA and gangue mineralogy obtained from DOM images. Data integration enables creation of a library containing optical property variability information for minerals identified by the MLA; thus reducing the reliance on skilled mineral identification by supplementing human interpretation

Sep 5, 2011

By R Hargreaves, T Elkington, W J. Shaw, G W. Booth

Every day, around the world, thousands of tons of ore are loaded onto ships completing the miningproduction process and starting a multimillion-dollar economic transactions process. These transactions are based on the supply of tons of a commodity with certain specifications of assays of the main element (or physical properties) and concentration of contaminants, which are finally verified and evaluated by buyers, and also are considered ‘as true’ during Reconciliation process. On Sample Stations, this ‘true’ is based on a few kilograms of sample, often representing thousands of tons, that are sent to laboratories for further sample preparation and chemical analysis, where finally assay information is obtained from a few grams of pulverised sample, and are used for further production, planning, operational and financial-marketing decisions. Different International Standards (depending on the commodity) are used to establish the methodology to be followed, to set-up and obtain samples from the Sample Stations, and the specifications are visually inspected to give an estimation on the performance of the sampling point. This paper seeks to highlight with examples, the importance of the implementation of a continuously monitored Quality Program (QAQC and QM) on Sample Stations, focused on the parameters that directly affect the quality and representativeness of the samples. By this implementation, a proactive approach and better-informed decisions can be taken for mining companies to: a) quantify/improve production and reconciliation results, and b) to supply the right specifications of shipped ore, increasing the value of the Resources. Finally, laboratory results are normally used as an indication of the quality of the information applied for the economic transaction, but it should be considered, clarified and highlighted that the laboratory will only process and analyse a sample obtained from a Sample Station, and potential problems on bias or precision may occur in stages prior to the laboratory reception. Hence the importance of the implementation of a quality assurance program that protects multi-million dollar decisions.

Mar 22, 2022

By Mason D. O, Tuckwell K. D

Whole rock geodhemical analyses from samples of Potosi gneiss within the Willyama Supergroup have been utilised to identify geochemical trends towards Pb/Zn ore positions. Although the analyses come from disparate sources they have been incorporated in the data base only if locational, sampling, analytical, lithological and stratigraphic descriptors were reliable. These data have been statistically analysed using programmes of the GASP software package. A discriminant function has been derived which permits Potosi gneiss associated with the Pb/Zn lode horizons in the Broken Hill domain to be distinguished from Potosi gneiss in a similar stratigraphic position in the Maybell Domain. In the "near ore" position the Potosi gneiss has significantly lower mean Na2O and significantly higher mean MnO. Also mean Rb, CaO and K20 are higher and mean Sr lower. This discriminant function serves to identify areas prospective for Pb/Zn mineralisation. A second discriminant function based on MnO, Si02 and K20/Na20 gives a semi- quantitative indication of proximity to ore.

Jan 1, 1983

The phosphatic overburden of Christmas Island is a lateritic soil and consists dominantly of crandallite and millisite. These minerals are polymorphs of general formula, (Na,K)x Ca2-x (Al, Fe)6 (PO4)4 (OH)10-x (2+x) H2O. Iron occurs only in millisite. Both minerals exhibit similar thermal transformations, dehydroxylating near 600¦C and recrystallizing above 800¦C. Dehydroxylation results in crystal structure collapse but retention of crystal morphology. Ggethite, boehmite and apatite are minor constituents of some-of the phosphatic Soils.

Jan 1, 1971

By F Kock, Y Sulianto, T Trott, B G. Putland, D Morgan

"Northparkes installed and commissioned a secondary crushing circuit in 2010 to debottleneck the semi-autogenous grinding (SAG) mill constrained grinding circuits. Following further improvements to the circuit (inclusion of a double deck vibrating screen), the project successfully delivered finer feed to the SAG mill. The result of this project was an increase in the milled tonnes from 5.6 Mt/a in 2012 to 6.0 Mt/a in 2013.The increased throughput rates introduced new challenges with the circuit becoming power limited. How to best optimise the available comminution power, while delivering the optimal particle size to the flotation circuit was made the key optimisation objective. To achieve this objective, Northparkes initiated a project that included engaging comminution experts. Recommendations included changes to the SAG mill including mill lifter design, increased grinding media charge levels and reduced grinding media size with aim of producing a finer grind size.Northparkes implemented these recommendations along with some other changes to SAG discharge grates and the mill discharge vibrating screen. This achieved a substantial reduction in the flotation feed particle size distribution (approximately 20 microns) by utilising increased average SAG power utilisation, in turn resulting in a two per cent increase in copper recovery.With power utilisation now maximised, the next phase of optimisation has moved to the throughput-grind-recovery relationship and the cost benefit analysis of installing additional grinding power.Citation:Sulianto, Y, Trott, T, Morgan, D, Bell, T, Kock, F and Putland, B, 2016. Optimisation of Installed Mill Power Post-installation of Secondary Crushing Circuit at Northparkes Mines, in Proceedings 13th AusIMM Mill Operators’ Conference 2016, pp 331–338 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Oct 10, 2016

A great part of the research on froth flotation of gold ores deals with ores containing gold associated mainly with sulphides, resulting in a largely accepted view that what takes place with sulphides (eg pyrite) in a flotation cell also happens to gold particles. This paper is concerned with the influence of some inorganics (CuSO4, CaO and NaCN) on gold particles flotation, using ethyl or amyl xanthates as collectors. The bench-scale tests were carried out with ground quartz and gold particles mixtures. Some findings stemmed from this study: flotation of the gold particles of size 0.16 mm was efficient adding only frother; larger gold grains were better recovered by the use of stronger collector CuSO4 did not seem to be an activator for gold; the addition of NaCN up to 200 g/t or CaO up to 2000 g/t did not depress the gold grains when amyl xanthate was used as collector although with ethyl xanthate the gold depression was verified.

Jan 1, 1993

By D Connelly

Quartz deposits are common in nature but the presence of quartz suitable for yielding high purity quartz is exceedingly rare. This paper describes a test work study on producing high purity quartz (HPQ) product to meet the tight product specifications of greater than 99.97per cent, including four and even five nines, for uses including, lighting and fibre optics and modern-day high efficiency solar panels. Due to demand in renewable energy applications the market for high purity silica solar panels known for their increasing efficiency and durability is rapidly growing. Demand continues to rise for the use of high purity quartz in semiconductors, electronics, imaging and sensor markets. Microelectronic components are created by chemically fabricating wafers of semiconductors such as silicon to obtain the desired transport of electrical charge and control of the current. The production of silicon metal from high purity quartz has been designated a Strategic Mineral by the European Commission and by the US Department of Justice due to the growing significance of this metal in various industries. The subsequent processing of quartz is the key step to adding value and aiding technological advances. Overall, the high purity quartz market is a highly secretive, specialised market with increasing opportunities for stakeholders. The attempt to produce HPQ in this work was carried out using an Australian quartz ore following a typical HPQ process flow sheet. The unit processes included primary crushing, scrubbing, magnetic separation, flotation, acid leaching followed by hot chlorination. The results indicate that grinding of quartz requires specialist equipment due to the hardness and extreme abrasiveness of the ore leading to additional iron contamination in the ground ore. The critical impurities were aluminium, iron, sodium, potassium, lithium, titanium, zircon, calcium and magnesium. The chemical refining was found effective. The hot chlorination process needed to be done at 1200°C in a chlorine – hydrogen chloride gas atmosphere. The risk of any gas being released during this stage is very serious and only specialist companies should and can carry out this step. More recent studies reported many new options that appear to facilitate the production of HPQ with the requisite purities more easily, but costly equipment along with highly trained operators are required and hence unlikely to become available in standard metallurgical laboratories any time soon.

Sep 1, 2024

By J King, T Hunter, R Coleman

"The industry that supports operations and new projects is suffering a rapid decline in the currently severely curtailed capital investment environment. This is evidenced by a decline in the number of skilled teams, who are now centred in fewer locations. Other features are an aging and retiring ‘Baby Boomer’ generation, coupled with a low uptake of new graduates and the uncertainty in predicting future capital expenditure programs and requirements. Combine this with a reluctance of cash-poor operations to modernise and adapt in an environment of low metal prices, and there is a real uncertainty in how service providers will meet industry needs as they evolve.The industry that supports operations and new projects is suffering a rapid decline in the currently severely curtailed capital investment environment. This is evidenced by a decline in the number of skilled teams, who are now centred in fewer locations. Other features are an aging and retiring ‘Baby Boomer’ generation, coupled with a low uptake of new graduates and the uncertainty in predicting future capital expenditure programs and requirements. Combine this with a reluctance of cash-poor operations to modernise and adapt in an environment of low metal prices, and there is a real uncertainty in how service providers will meet industry needs as they evolve.Trends amongst service providers will be put forward as well as developing options and alternatives. These embrace a whole gamut of agile alternatives in the areas of partnering, alliances, commercial and shared risk models and mutual innovations. These will be discussed with some case studies and suggested approaches.Particular emphasis will be upon brownfield expansions and upgrades which have emerged recently as a preferred lower capital and focused way to achieve best practical outcome at lowest cost. There are a number of specific features of such brownfields projects including the requirement for very close cooperation between the execution team, operators, maintenance and suppliers and a maximum usage of site resources and ingenuity. Often, required investment hurdle rates are high, downtime allowed is minimal and site resources usage is maximised. This requires mutual trust, good planning and high health, safety, environment and community (HSEC) standards and practice. In many ways the practices and skills needed are the exact opposite of the historical ‘big greenfields’ project with which the industry has been geared for more recently.Another developing area has been with innovative commercial models and practices. These have been as a direct result of the more challenging investment criteria being adopted and the relative hunger of service providers. It has become more common to look at these commercial/costing alternatives very early in the project cycle as an essential project tool and not just as a possible option. These commercial solutions cover such alternatives as leasing and rental, deferred payments, build–own–operate–transfer (BOOT) and build–own–operate (BOO), whole-of-mine preferred spares and maintenance terms, and aggressive performance targets with real assurance penalties. Once again this requires very close mutual dealings and trust, and sufficient time allocation compared to a conventional approach.Citation:Coleman, R, King, J and Hunter, T, 2016. Upgrades, Modernisations and Expansions... Where Will the Expertise, Capability and Skills Come from in the Future?, in Proceedings 13th AusIMM Mill Operators’ Conference 2016, pp 69–76 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Oct 10, 2016

By T Gartner

This paper describes the design, manufacture and site services associated with the supply of mine hoists for the new mine under construction by Falconbridge Limited in Ontario, Canada. Two new shafts are being sunk, and the hoisting equipment at each shaft can be summarised as follows: Ventilation shaft:4.66 m diameter double-drum second-hand hoist, originally in operation at San Manuel Mine, Arizona, to be used as the shaft sinking hoist. The second-hand hoist presented a challenge in that during its previous life, the hoist had been intensively operated during service at San Manuel Mine, and this paper describes the scope of refurbishment work undertaken, both electrically and mechanically, to ensure future reliable operation, together with the requirement to meet Canadian and Ontario regulations and codes of practice. 3.05 m diameter new single drum auxiliary hoist to be used as a second means of egress. Main shaft:4.57 m diameter new double-drum hoist to be used initially as the shaft sinking hoist, and subsequently to be converted to the equivalent of a single-drum multi-rope hoist for service duties during the production phase; 5.49 m diameter new double-drum hoist to be used for skip hoisting during the production phase; and 3.05 m diameter new single drum auxiliary hoist.The new hoists are all designed to comply with SABS requirements such that hoisting with reduced rope safety factors will be possible in the future. This paper describes the principles involved both mechanically and electrically. Particular attention is paid to the conversion of the main shaft service hoist from a double-drum sinking hoist to a multi-rope hoist.This paper describes the ac electrical powertrains (drives and motors) used that eliminate the need for harmonic filters and reactive power compensation equipment since they exhibit no negative effects on the utility electrical network system. This paper describes the logistical challenges of installing, commissioning and setting to work a series of five hoists in a short time frame.

Jan 1, 2005

Exploration for uranium in Australia has so far discovered reserves equal to 17.5% of the Western World's. The Australian uranium industry, when fully developed, will be one of the largest producers and possibly the largest exporter in the world. The world's nuclear industry is young, rapidly developing in size and technology and is subject to more social, political and regulatory controls than any other industry. This paper considers the probable development of Australia's uranium industry against a background of normal commercial parameters together with other factors which are peculiar to the nuclear industry. As the theme of this conference is "Australia's role in the World Mineral Indus- try" this paper concentrates on the commercial and practical aspects associated with the development of Australia's uranium resources in a world context.

Jan 1, 1979

IN this paper the author's intention is to convey a brief resume of the lead flotation treatment and lead flotation machines, which have replaced the May jigs and Wilfley tables at the plant of the North Broken Hill Ltd., and converted this mill into an all-flotation plant.Attention is directed to the fact that this drastic change from semi-gravity to all-flotation treatment, has been successfully accomplished without resorting to finer grinding than that previously in vogue for Wilfley table concentration, viz.: 10% to 16% plus 40-mesh I.M.M. screen.From the figures now available it is manifest that the scheme of all-flotation concentration-new as regards its successful application to Broken Hill ores is resulting in considerably higher-grade lead concentrates, and is substantially decreasing charges for labour, stores, and maintenance.The new treatment is far-reaching in its simplification of plant, as evidenced by the idle jigs and tables, and the results being obtained by North Broken Hill Ltd. may possibly influence metallurgical practice generally in Broken Hill.The outstanding features of the treatment are:(1) The coarseness, and high grade of lead concentrates obtainable.(2) The low time factor required for flotation.(3) The plant capacity, and the simplicity of its operation.(4) The low horse-power consumption.(5) The small cost for reagents used (not exceeding 3d. per ton of ore).

Jan 1, 1930

The Mt Leyshon Volcanic Complex lies 24 kilometres south-west of Charters Towers and is part of a major continental volcano-plutonic province of Permo-Carboniferous age in north-east Queensland.The volcanic complex is located on the contact between Cape River Beds of Cambrian age and the Ordovician Ravenswood Granodiorite Complex. The emplacement of the complex appears to have been structurally controlled and is at the intersection of major north-east and minor north-west trending lineaments. The gold mineralisation occurs in the form of cavity coatings, matrix replacement, disseminations, and vein and fracture fillings containing quartz, chlorite, carbonate, pyrite, sphalerite, chalcopyrite and galena in various volcanic breccias and rhyolitic intrusives. The current published mineable ore reserves, calculated by Noranda Australia Limited, are 6.3 million tonnes of 1.8 grams per tonne gold and 4.8 grams per tonne silver. The orebody is open at depth, and in all directions except north where it abuts the granodiorite.

Jan 1, 1986

By C D. Pocock

Maintaining catch berm capacity in open pit mines through controlled blasting prevents production delays associated with managing risks associated with wall instability. A method has been developed to quantify the drill hole deviation of presplit holes at Century Mine. Different controlled blasting techniques are used to control wall quality and decrease the risk. The performance of presplit drilling, in terms of deviation from design has been investigated. A methodology has been developed to quantify the drill hole deviation in three dimensions. This methodology was converted into a series of algorithms capable of handling an extensive range of data. The methodology was applied to a case study at Century Mine to evaluate the performance of drilling on two presplit blasts. Overall, 67 drill holes were investigated in the case study. The drill hole deviation was quantified in terms of three parameters: skewness, linearity and drill hole deviation parameter. Methods for quantifying each parameter were developed. Skewness, a measure of the amount of curvature and linearity, was defined as the measure of the consistency of the gradient of the drill hole. Drill hole deviation parameter is defined as the average measured deviation of the surveyed drill hole position from the design position. Acceptable drill hole deviation tolerances for each of the defined parameters were developed by analysing drill hole deviation parameters with respect to implications to catch berm capacity. Verification of the methodology was confirmed through the comparing of the completed drill hole deviation results using both visual inspection and cross analysis for each of the three methods. Holes with an R squared value of less than 0.97 for skewed deviation were classified as having skewed deviation, while holes with a difference in gradient of 3.5 were classified as having linear deviation. The results show that 76 per cent of the drill holes had deviation. Of this, 19 per cent were skewed, 57 per cent had linearity and 12 per cent contained both skewed and linearity deviation.

Nov 8, 2011

By S Brochot, M-V Durance

In many cases, current metallurgical accounting practice does not consider the errors associated with the measurements used in obtaining the metal balance. Considering all measurement errors, including errors associated at each step of the process - from sampling and analytical errors to measurement errors in circuit instrumentation, can improve the accuracy of the final metal balance - assisting in the improvement of process performance, optimisation and control.The consequences of the inclusion of measurement errors on metal balance for different circuit configurations and typical metallurgical accounting practice (two product and three product formulae) will be discussed in this paper.Examples of the tools, methodology of implementation, and periodical metal balance tasks are presented to illustrate the advantage of this approach in meeting the different requirements of each department.CITATION:Brochot, S and Durance, M-V, 2012. A new approach to metallurgical accounting, in Proceedings 11th AusIMM Mill OperatorsÆ Conference, pp 217-224 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 29, 2012

By Dimitrakopoulos R

Ore textures in base metal deposits are an important factor in the liberation of the economic components of the ore, metal recovery and reagent consumption during beneficiation. Optimising the mine profit requires knowing the relationship between ore texture and mineral processing behaviour, and the ability to predict the metal grade and the ore texture at a suitable scale. A new method that generates distributions of mesotextures for any mining block size or shape is proposed and includes: I . establishing a protocol for acquiring mesotexture data: 2. measuring the mesotexture spatial correlations using a multi-texture variogram; 3. generating multiple simulations of mesotextures; and 4. upscaling the simulations to generate the expected mining block/stope mesotexture distributions. Models of the ore textures built using the proposed methodology can be used to assess resources and reserves, enhance ore/waste discrimination and predict the metallurgical behaviour of parcels of ore.

Jan 1, 1997

In sizing of wet coal by the horizontal vibrating screen, screen openings to be used is much restricted, because coal is sticky and its bulk density is little. The electrically heated screen and other various types of screen had been tried to screen raw coal and coal as raw materials at a few mm. However, they failed to realize satisfactory results. On the other hand, fine sizing of coal is requested by many fields. For example, raw coal is desired to be screened at the fine rate, before being fed to the coal preparation control system in order to transport undersizes as unprepared coal particles and to reduce load in coal preparation waste water treatment system.1) Coals fed to the fluidized bed boiler also should be sized at a few mm. Regardless of many requests on fine sizing of coal, it seems that there are many cases to omit the basic screening process, because the screening is very difficult on a industrial scale. Size control as pretreatment of coal as raw materials is presented as one of the basic screening processes. In 1979, Kinki Industrial Co., Ltd. and Nippon Steel Corporation jointly succeeded in developing the vertical centrifugal screen. Closed -circuit crushing system by the use of this screen has operated actually at N.S.C, Hirbhata .Works, and realized the anticipated result. Consequently, this system has established the position as the most basic technology in the coal preparation. 2), 3), 4) This system has been also introduced to Nakayama Steel Works, Ltd. in 1982. This system termed the CPC (Coal Preparation Control) Process has been operated smoothly in both N.S.C. and Nakayama. Reported herein is the practical application of the vertical centrifugal screen termed V3-Separator. (V3 means vertical, versatile and vibration.)

Jan 1, 1984

Over the last ten years geological and mining software products have evolved greatly. Software companies developing such products have focussed almost exclusively on the development of technical aspects of the applications, addressing geological, ore reserve estimation and mine planning problems. These specialist applications, and the many other new technologies that are being developed by a myriad of niche developers, are an essential part of todayÆs hi-tech mining operations. Technology is also being used in many other areas to improve the mining process and there is no doubt that tremendous advances are being made in all these fields. Yet there is something missing. The manner in which the technologies are used and implemented has led to the creation of many independent and inefficient æislands of technologyÆ where a variety of products from different vendors are used to address different, but related problems. Problems occur with unreliable information, data duplication, data redundancy and transferring data between applications that may be incompatible or even run on different computer platforms. These problems impede the flow and availability of information and hamper day-to-day decision-making by mine management. A solution to this problem is to take a holistic view of all the various technical applications and incorporate them into a single information technology solution. This solution must encompass all of the information requirements of a mining operation and must provide facilities that address much of the modern thinking about mine management, including strategic mine planning, value management, key performance indicators, and maintenance of a mineral balance sheet. Gemcom is developing an Integrated Resource Asset Management System (IRAMS), which is an enterprise-wide integrated computer system that encompasses various applications typically found at a mining operation. The core component of the system is a common, open, industry standard database that can be shared by many users from each of the different departments at a mine. Around that central repository are the primary applications that provide the mine with information it needs to operate. Ensuring that the information is reliable, accurate, shareable, timely and consistent will eliminate many inefficiencies, and provide significant benefits to mining companies. In turn these benefits will lead to significant improvements in decision-making, productivity and profitability for the operation. The initial version of the IRAMS system is currently being implemented at the De Beers Venetia Mine in South Africa. The system is being built around a core repository using the Microsoft æBack OfficeÆ architecture, and incorporates key technical applications from Gemcom, Whittle, De Beers Technical Team, Wenco and JKTech. The benefits of enterprise-wide systems have long been recognised in the commercial arena and enterprise resource planning (ERP) systems such as SAP, JD Edwards and MIMS are becoming commonplace in the mining industry. The more forward looking software developers and mining companies realise the need for efficient management of the information gathered during the mining process and can see that the concepts used in ERP systems apply equally to the technical applications as they did to commercial applications. The use of IT in the mining industry has expanded tremendously over the last five years as enabling technology and management acceptance has become more prevalent, and there is considerable room for dramatic growth over the next five years. The evolution of geological and mining software has now reached the stage where mines will yield the greatest returns by integrating the applications used in each area of their operations.

Jan 1, 1999

By C Tapia, B Hay

There is a close relationship between the mining industry, economic growth, and technological and social development. Mining activities benefit all economic agents, but only during a timespan determined by available reserves, primarily driven by internal factors such as production rate, technology and costs, and external factors such as prices determined by the market and taxes and royalties controlled by governments (Gordon and Tilton, 2008; Henckens, 2021; Tapia Cortez et al, 2018). The intense use of Mineral Commodities (MC) needed to maintain the current lifestyle has placed ore depletion as one of the main threats to sustainable economic, social and technological development. However, ore depletion does not only arise due to the finite nature of MC, price fluctuations or technological challenges. It is also triggered by the ‘economic limits of extraction’, determined by the optimisation of financial factors and technical restrictions within the regulatory framework (Henckens, 2021). Most reporting standards – if not all – define ore reserves as ‘the economically mineable part of a Measured and/or Indicated Mineral Resources’ determined by the technical and economic viability of extracting, processing and commercialising MC having the NPV as the fundamental decision – making tool (JORC, 2012; Krzemień et al, 2016). However, is the NVP an ‘economically’ basis index able to capture the complexity of economic phenomena? No, it is not, and it is crucial to define what is economic and financial. Although related, they are different disciplines. Economics studies the behaviour of the different market agents, including human behaviour and policies and explains the factors involved in the scarcity (or surplus) of goods and services. Finance focuses on financial systems and managing funds considering the time, cash available, and risk. It involves banks, loans, investments, and savings and can be considered a small subset of economics (Simon, 1959; Tapia Cortez et al, 2018). Given the economic nature of ore Reserves, endorsed by governments (Figure 1), NPV is an incomplete tool to determine ore Reserves as it limits the problem to simply maximising cash flows instead of optimising the economic benefits for all economic agents. In addition, using the rigid scheme of controlling taxation – unable to adapt to new market or economic conditions and systematically increasing – within the NPV framework only increases the sub-optimisation of ore reserves, mainly due to the systematic taxation rise. Short-term benefits of higher taxes and royalties are unlikely to offset the impacts of reducing exploration and project development in the long-term, which not only boosts ore depletion concerns but also reduces competitiveness, threatening economic and social welfare (Fisher, Cootner and Baily, 1972; Gordon, Bertram and Graedel, 2007; Lilford, 2017; Mardones, Silva and Martínez, 1985; Radetzki, 2009; Rodrik, 1982; Tan, 1987; World Bank, 2000). Holistic methods and collaborative tools, able to dynamically simulate and assess how changes in the technical settings, regulatory framework (taxes and royalties), and financial factors affect the availability of ore reserves and the impact for all economic agents, should be incorporated into the evaluation process to fill the gap.

Aug 2, 2023