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In the late-1990s, and into the 2000s, many industries, including the mining industry, have seen significant transaction activity by way of acquisitions, floats, joint ventures and major capital projects. The fundamental financial trends are two-fold. First and foremost, a high level of transaction activity within the industry and secondly, the recently introduced requirement for corporate governance standards, have placed increasing pressure on the directors of mining companies. This paper will deal with specifically corporate governance implications of any large capital investment transaction and the associated impact on the mining industry. To provide the framework for this paper, I have looked at a number of recent transactions as well as corporate governance recommendations from the ASX and the HIH Royal Commission.

Jan 1, 2003

Presidential Address Today I want to couple that prediction with a discussion on competitiveness and changing employment roles in our industry. A crude analysis of the intensity of use of metals in developed and undeveloped nations was undertaken by dividing the weight of copper, zinc, lead and aluminium used in countries by the population. In the developed countries which were basically the Western European States, USA, Canada, Australia and Japan, approximately 38 kilograms are used per annum. In the developing countries which were basically the South-East Asian country Korea, India, Pakistan and Taiwan, the usage is 5.3 kilograms. Thus, if the developing world is to catch up with the developed world, the intensity of use of metals will have to increase seven times. The usage of metals in the developed world is increasing at the rate of 1.5 per cent per annum while the rate of increase in the developing world is about 5.8 per cent. In this analysis, the population of the developed world was 850 million and the developing world 1.5 billion. Note that this analysis did not include Russia, China and most of the countries of South America and South Africa. I am sure that with time, these undeveloped countries will move into the developing category. In the long-term there is obviously great opportunity for us both in the primary and secondary processing required to meet world demand. Turning now to competitiveness and changing employment roles. I am sure that everyone here present is aware of the urgent need for Australia to improve its competitiveness. I want to try and relate unionism and industrial relations, management and tertiary education to our competitiveness. I wish to talk on these items as I see them in the past, the present and the future. So firstly unionism and industrial relations. It has been unfortunate for Australia that unionism was based on the United Kingdom craft system. It is not surprising that it was because UK has been the basis for almost ' all of our institutions and that has generally been of very great value to us. The craft system in our trade unions has lead to the demarcation problems of which we have all been well aware. This has been extremely limiting to the individual; it has limited his or her ability to broaden their scope of knowledge and far worse it has limited their ability to maximise their satisfaction at work as they have only been able to undertake part of a job, rather than being able to undertake a role in totality.

Jan 1, 1992

By Millett R

In January 1989, Western Mining Corporation (WMC) acquired the Perseverance and Rocky's Reward orebodies and associated infrastructure from the Agnew Mining Company (AMC). AMC had closed the operation in August 1986 and it had been on care and maintenance since that time. To return the operation to full production as quickly as possible it was planned to mine the Rocky's Reward orebody by opencut mining and treat this ore whilst the underground Perseverance workings were rehabilitated. Removal of overburden from Rocky's Reward thus commenced immediately with a target of April 1989 for delivery of the first ore to the concentrator. Extensive rehabilitation and upgrading of the concentrator commenced in late January, and continued in stages for an 18 month period. The first stage consisted of overhauling all existing equipment and completing a crusher upgrade commenced by AMC prior to the mine closure. During this period, it was necessary to recruit a workforce and re-establish all the required support structure. In late April the plant commenced commissioning trials on mullock. The first ore was crushed on the 11th May 1989 and concentrate produced the following day. From May 1989 to June 1990 the plant was producing nickel concentrate whilst further upgrading continued. During this period, the flotation capacity was tripled by installation of a bank of eight Wemco 144L flotation cells in rougher-scavenger duties and two 12 metre by 2 metre diameter columns in cleaning duties. The existing vacuum drum filters were replaced by two Larox PF32 pressure filters, eliminating the need for solar drying and allowing the flash drier to be fed direct from the filters. These, along with a major borefield expansion and further work to the crusher increased the nominal plant capacity from 600,000 to 1,000,000 t/yr. The plant achieved the 1,000,000 t/yr rate in April 1990.

Jan 1, 1991

Mining and metallurgy are more capital intensive than all other industry in Australia. Capital demands are met by domestic and foreign sources of finance for whom the major constraints are the supply of funds and factors of risk and uncertainty. in both mineral development and institutional financing policies, specific options are available to administrators which would allow mining to benefit from a more reliable supply of capital. The strength of major partners involved and overseas participation are important aspects of financing mineral developments. Future changes in financing for the mineral industry are considered most likely in variable interest rate funding, in the leasing of major plant items, and in the development of flexible techniques to ease the burden of infrastructure costs. In a consultancy sense, financiers are available to mining to assist with and to advise on optimal develop- ment of mineral industry projects.

Jan 1, 1975

The art of flotation may be divided into two distinct branches, namely:-1. Collective flotation.2. Selective flotation.(1) Collective flotation is applied when all the valuable minerals in an ore are required in one concentrate, leaving ,only gangue minerals in the tailing. The method is applicable, for instance, to such ores as auriferous copper sulphides associated with gangue minerals only, or to silver lead ores low enough in zinc and other valuable minerals.(2) Selective flotation is applied when there are present in an ore two or more valuable sulphides, which cannot be subsequently efficiently treated unless they are separated from one another as well as from the gangue. For example, a silver-Iead-zinc ore, or a copper-gold-iron ore; where the iron is not required with the copper gold concentrate.In order to make these operations practicable chemical reagents have been developed, having power to exert definite actions on the various minerals when brought into contact with them in a water pulp.COLLECTIVE FLOTATION.In order to bring about collective flotation it is generally necessary to add to the pulp a frothing agent and an activator or activators for all the minerals which it is desired to float.SELECTIVE FLOTATION.The object of selective flotation is to activate the mineral which is to be floated, and at the same time to prevent all other minerals from floating.

Jan 1, 1936

By S M. Mousavi

The issue of estimating evaporation in soils is central to the design of engineered soil caps for mine waste and landfill applications. In general, because evaporation from the soil is difficult to measure in the field, laboratory experiments and empirical methods have been used. Much of the earlier work has been conducted in soil science, although in recent years, geotechnical and geoenvironmental engineers have given great deal effort to this work. The result of this increased interest is the development of numerical models, such as UNSATH and SoilCover for estimating evaporation. In this study laboratory-measured evaporation from soil columns was compared with evaporation predicted using the computer program SoilCover, and the analytical method proposed by Gardner and Hillel. Good agreement among the results was observed. Also the sensitivity of the predicted evaporation to soil hydraulic and geotechnical properties, such as saturated hydraulic conductivity and coefficient of volume change was discussed and the practical implication of the sensitivity were highlighted. The work has application in the design and construction of soil covers over sulfide-bearing mine waste and landfills.

Jan 1, 2003

A career in the mining industry is both challenging and rewarding but comes with some unique complications. Few other industries have such a far reaching effect on individualsÆ lifestyles. Furthermore, few people working within the resource sector could say their job has had no effect on their lifestyle. Mineral deposits in Australia seem to exist predominantly in remote locations like Telfer, Mount Isa and Olympic Dam. With this comes a choice for young professionals; one that is not easy to make, with either alternative often having its pitfalls. This remote nature usually requires professionals (especially graduates and juniors) to choose between a fly-in, fly-out location or relocation to a remote town with less facilities (and some may argue attractions) than their coastal cousins. The challenge for young professionals is to pursue a career that will satisfy their professional goals while developing and maintaining away of life that is emotionally fulfilling.

Jan 1, 2005

By Chitombo GP

The proposed guidelines on vibration limits that have been circulated by the Australian Environmental Council, demonstrate the need for an extensive data collection and evaluation program to avoid the enacting of abritrary and costly legislation. The operational or practical influence of blast design and overall economic implications of legislation which further reduces permissible levels of ground vibration are discussed. In a typical blasting operation, blast sizes could become smaller and blasting correspondingly more frequent to meet pro- duction demands. Blasthole diameters and charge lengths could be reduced, increasing drilling costs and associated labour costs. Blast size however, is frequently controlled by factors associated with machinery, grade control, pit control, stope size, production contract levels and other factors which cannot be readily changed for operating mines. Blasthole diameters are frequently deter- mined by existing drilling equipment, length of holes (depth of ore or stope size), geological structure and other factors which are not easily changeable. Typical large scale open stoping and strip mining opera- tions are analysed as case studies. The effects of extreme leg- islative limits and the corresponding operational changes with respect to variations in production costs are discussed.

Jan 1, 1987

By Sheridan GD

Fifteen samples 'of clays and shales from the Adelaide area were selected from a total of 84 as representing material of possible value for the manufacture of light-weight aggregate. A detailed examination of the bloating. characteristics of these revealed four likely to be suitable. for expansion.' in a rotary kiln. One of these, a Tapley. Hill shale., was-fired in an 8 in. diameter rotary kiln, but con-tinuous bloating without ring formation in the kiln was not achieved. Steam,,-oxygen,, sulphur dioxide and carbon dioxide have been, suggested. as the agents of bloating. An examina-tion of .. the evidence : `leads to the conclusion that carbon dioxide derived from. carbonate minerals is likely to be the principal bloating agent. Attempts to bloat clays by the addition of mica were.not successful.

Jan 1, 1963

The P49 Shaft, Hilton Mine, was sunk and equipped for Mount Ise Mines Limited by con- tractors Cementation - Thiess Joint Venture. The leached siltstones to a depth of 150m were known to contain large volumes of water. These siltstones were cored and tested in the laboratory. Field results confirmed that cement grouting was relatively ineffective but that chemical grouting was effective. The Sm diameter shaft was sunk to a depth of 1040m. Weak strata to the full depth re- quired continuous temporary support by rock bolts and mesh before the concrete lining was poured, and made sinking conditions difficult. After completion of the shaft sinking the headframe was redesigned and modified to allow shaft equipping as a combined service and hoisting shaft with seven compartments. The shaft steelwork was designed and fab- ricated for service with high speed conveyances operating under corrosive conditions. The steelwork, weighing approximately 1500 tonnes, was installed to a high degree of accuracy which required guides not to depart from true verticality by more than 2mm over any 5m, or 15mm over the full shaft depth.

Jan 1, 1976

A review of major mineral processing and extractive metallurgical developments is made and current areas for research are discussed.

Jan 1, 1975

A study is presented of the theoretically possible initiation systems for outbursts and the subsequent propagation mechanism.Previous occurrences of outbursts and their correlation to the theoretical system are described. An estimation of the energy release from two energy sources, gas strain energy and rock/coal strain energy, is presented and the relative importance of each source in the severity of outbursts. Summary: The description of mechanisms of outbursting follows the examination of these phenomena at Collinsville in Bowen No. 2 mine and at Leichhardt Colliery, Blackwater. Quantitative material contained in the paper refers to Leichhardt Colliery, Blackwater. Clearly from the work carried out to date gas release has a major part to play in the out- bursting at both of these collieries. In the case of the December 1 1978 outburst at Leichhardt Colliery energy release estimates place gas strain energy release contributing eight times the energy of that from rock/coal strain energy. Even the normal outbursts at Leichhardt Colliery appear to show this trend. Estimates of energy released are for comparative purposes between gas and rock strain energy and the values obtained may be regarded as approximate.

Jan 1, 1980

By S Wasi, J Tobiczyk, J Roszkowski

Methane and fire hazards have a vital effect on work safety and continuity of mining plant operation. In the 1990s, the SMP hazards monitoring and ventilation control systems, based on continuous measurement of air parameters, were put into operation at nearly 30 Polish mines. These systems provide continuous measurement of methane concentration within the range of zero to 100 per cent with automatic switching off of electrical energy immediately after detection of potentially explosive conditions. Early detection of coal spontaneous combustion and open fires is made by continuous measurements of CO, CO2, smoke and O2 content in mine air as well as temperature changes in air and rock mass. The essence of the system is intrinsic safety of all underground instrumentation and uninterrupted central power supply from the surface. All abnormal and critical states are signalled to the mine control room. These trigger alarm and emergency procedures. The computer based ventilation monitoring and control system also performs the function of an expert system for fire detection and underground fire fighting. The mine control operator (dispatcher) makes use of stored data in computer escape route schemes and procedures for the safe withdrawal of miners from hazardous areas. The operator can put in motion intrinsically safe alarm signalling units and banners with programmed messages indicating escape routes.

Jan 1, 2005

Much has been written about leadership over the years. It is probably one of the most written about but least understood and defined concepts in business. Leadership and management are often confused and blurred, and inspirational words such as mentor, coach, motivator and the like, are often interspersed when describing a leader. There are a few things we do know about leadership:The only thing common to all leaders is that they are different.Leadership is not the sole domain of business; it applies to every aspect of human endeavour. We are all required to lead at times, and we all have it in our ability to lead. There is no set of predetermined competencies, which a leader must possess to be effective. Hence there is no course in the world that can teach you to become a leader. There is no such thing as the perfect leader. Leadership is a verb, not a title; you actually have to do it to be judged a leader. All leaders no matter how you define the term, must leave a legacy. Thus in the busy world we all live in, what are the lessons in leadership that we can all learn from, that will assist us all in our pursuit of leadership. The purpose of today is to put forward a framework for leadership that I have been researching and working on for many years. It is not the definitive framework, merely a framework. Out of today you will take your own collective thoughts, learnings, observations, experiences, education and training, and collective wisdom, and apply it to yourself.

Jan 1, 2004

By Watson F. G

As an introductory paper of a series on the Melbourne (Australia) Underground Rail Loop extension to the extensive electrified suburban railway system the paper outlines the need for the Loop, legislative background, organizational establishment, engage- ment of consultants, design control, contracts, financial aspects, example of organizational flexibility and certification and transfer of the Loop to the Victorian Railways Board.

Jan 1, 1981

By Li G, Dean-Jones G. L, She T

Highwall mining is a specialised and largely automated mining method developed in the United States for the extraction of coal left under a shallow overburden cover after cessation of economical open cut mining operations. As the name indicates, coal is extracted from the seam exposed along a highwall by a remotely controlled continuous miner operating in a single unsupported opening and brought to the surface by a string of conveyor segments. The single entries are separated by coal .pillars and driven normal to the highwall, over areas where the thickness of cover and volume of recoverable coal is insufficient to allow or justify conventional underground mining. An additional highwall mining method is augering. The success of high wall mining operations depends significantly on geological features, notably the stability of the working roof, determined by the type and mechanical properties of the immediate roof strata. Stability of the ribs, absence of floor heave, faults and dykes are further important prerequisites for profitable highwall mining. The geometric relationship between the spatial attitudes of existing joint systems, the direction (azimuth) of the single entry opening and its vertical profile determine the unimpeded depth of penetration into the coal and thus its economic success. The mechanical implications of the lithological transition zone from a coal seam to either primary or original roof strata, compared to an interface between the coal seam and overlying strata, characterised by a sharp erosional boundary between coal and a secondary immediate roof stratum, are very significant. The compatibility between the response to mining by the geological system (floor-seam-roof) and the capability of the mining equipment to prevent the development of instability are essential requirements from a mechanical viewpoint. The minimisation of vibrations, very good horizon control, an ability to vary the profile of the opening, and the maintenance of consistently high advance and retreat rates, are also important aspects of profitable highwall mining.

Jan 1, 1995

By Lewis RW, Wilson GI

An ore reserve estimation is only as meaningful as the quality of the data used. All required information needs to be collected in a careful and systematic manner, and be rigorously checked and verified before estimation commences. In addition to geological, assay and location data, a large variety of other information is required for the estimation process. This includes mining, metallurgical and environmental parameters. Though outside their usual area of responsibility, geologists should be involved in the selection and collection of this additional Information.

Jan 1, 1987

By Chen B

In recent years great efforts have been made in the optimisation of ball mill operation. This paper describes a methodology developed for modelling and optimising the steady-state grinding process. Thirteen basic similarity numbers of the process are derived. Based on these similarity numbers, we build a group of mathematical models which give a full description of the relation between dependent and independent variables. The parameter estimation and multi-objective optimisation of the grinding process have been done using these models, and validated with experiments in a continuous laboratory-scale ball mill.

Jan 1, 1993

Changes in prices and costs change the mineable grade and the profitabil- ity of an ore reserve. In a static world the grade required for an ore reserve is measured by the ratio: Cost/tonne of ore x 100 Price received/tonne of product and profitability by the ratio:- Price received/tonne of product Cost/tonne of product If the words cost and price refer to average cost and average price over some suitable period, say 3 to 5 years, the above ratios express the convent- ional wisdom of the mining engineer, and assume there will be no change in technology or politics.

Jan 1, 1979

The Merrill-Crowe process for gold and silver recovery yields a low grade concentrate containing high levels of zinc and copper. External refining charges and high transport costs prompted the company to establish itsown enrichment facility.The route chosen was a wet chemicaltreatment which converts the gold, silver and other metals to their chloride. This is achieved with hydrochloric acid and sodium hypochlorite. Gold is recovered from the resulting filtrate by cementation with copper.The solid residue from the gold process is washed and treated with ammonia which dissolves the silver chloride. Metallic silver is recovered from this solution, againby cementation with copper.

Jan 1, 1985