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By Bucknell WR, Clarke DE

The paper provides a company's view of the relative merits of various valuation methods and outlines the basic approach it takes to the valuation of an exploration property. The negotiating process and methods of acquiring an interest in an exploration property is discussed The valuation methods discussed are: 1. Exploration Expenditure. 2. Real Estate. 3. Joint Venture Terms. 4. Rule of Thumb. 5. Net Present Value - Discounted Cash Flow. 6. Geoengineering.

Jan 1, 1994

Every year my consultancy business reviews over 100 mines worldwide, primarily focusing on property and business interruption risk. What we have found is that the most successful mines have: identified their principal risks and determined what controls are required to manage or eliminate these risks; and managements systems that underpin these risks and the business in general.

Jan 1, 2003

The development of metallurgical training is briefly reviewed. The reasons for the current trend for Metallurgy Schools to become Schools of Materials Engineering or Materials Science are mentioned as is the role of Departments of Chemical Engineering in the teaching of extraction metallurgy. Some problems on academic staff recruit- ment are highlighted and predictions concerning future difficulties in industry getting adequately trained professional staff are made. The need for a special effort to attract and retain the best undergraduate students is put Forward.

Jan 1, 1987

The information requirements of the Australian Stock Exchange Ltd for listing and reporting seek to ensure that the market is fully and correctly informed in a timely manner. This discussion confines itself to the technical reports from mining companies required for prospectuses, information memorandum, quarterly, annual reports and any other announcements to the Exchange. The Exchange requires that technical reports are produced by suitably qualified and experienced personnel and, in the case of a company listing, that these personnel have no interest in the company to be listed. Further, the Exchange has draft prospectuses reviewed by other independent suitably qualified and experienced personnel.

Jan 1, 1987

While international coal trading operations often involve relatively small contract quantities, delivered over short periods or even in single shipments, most coal is supplied under long term arrangements. In entering into these arrangements the customer needs to be assured that coal of suitable and consistent quality can be supplied for their duration in the volume required. A detailed knowledge of the mine and transport system is required and must be presented from the customer's perspective.

Jan 1, 1983

The current insurance market has been brought about by a number of pressures, including: collapsing investment returns; growing losses, both normal and catastrophic; and reserve strengthening. This is impacting most classes of insurance coverage, with the traditional characteristics of higher pricing and greater levels of retention, however it is now translating into a lack of capacity and reduced coverage. This presentation will explain how the market has arrived at this situation and will challenge whether this is the traditional insurance cycle or a structural correction. It will also address the anticipated time of correction.

Jan 1, 2003

During a mineral exploration programme in an environmentally sensitive area near Mount Painter in South Australia, a helicopter was used to position, construct and service drilling rigs in order to avoid the need to create new access tracks. The drilling programme was designed to optimise the advantages of natural landforms in order to minimise the environmental impact of site construction and drilling activities. This minimisation of land disturbance reduced the required amount of rehabilitation measures to the extent where all impacts of the helicopter-supported programme had disappeared within twelve months of completion of work.

Jan 1, 1995

Hydrocyclones are widely used in both mining and various industrial sectors. Considerable fundamental research work on the modelling of hydrocyclone classifiers has been carried out through the past 25 years. Based on the similarity principle, the hydrocyclone classification was taken as a whole physical process and a group of similarity numbers were obtained with the help of dimensional analysis in this paper. Then, the functional dependences of the similarity numbers have been established. The variables optimisation was carried out with the multiple objectives linear planning programs developed in this study.

Jan 1, 1993

The history of civilisation continues to register a steady tide towards the urban life as the basis of its social organisation. The manifestation of this movement is a continuous growth and increasing density of population in our towns and cities, as the favourite space for the development of humanity. Naturally, this trend raises a certain number of problems which grow proportionally with the size of the city. The use of the underground space has an important role to play in solving such urban problems. But various issues must be taken into account when developing urban underground space.

Jan 1, 1999

The Inquiry into the 1994 accident at Moura No. 2 Colliery included in it's findings that mine escape and rescue options for persons in underground coal mines were in need of review. The Inquiry recommended the establishment of industry working groups to report to the Queensland Chief Inspector of Coal Mines on matters including escape strategy and life support for escape from mines.One of these task groups examined issues relevant to self-escape from Australian underground coal mines and formulated recommendations and guidelines in response to the terms of reference and scope.

Jan 1, 1998

Fluidised Bed Combustion technology has expanded since the first fluidised bed boiler steamed in 1974 with 58 companies currently supplying units. In Australia the market has been in small boilers and the goal of a limited attendance coal fired boiler has been achieved. On the world scene, the major incentive for development has been emission control with sulphur capture and low NOX. The potential of significant reduction in plant size is encouraging development of pressurised fluidised bed combustion.

Jan 1, 1987

Renison Goldfields is one of Australia's largest mining companies with annual sales revenue over $600 million. It has ten operating mines and processing plants, with operations in most States of Australia and in Papua New Guinea, Indonesia and the United States. The exploration division is active in,other parts of the world, including Europe and South America. RGC produces gold, copper, tin, coal and mineral sands. RGC is typical of companies in the mining industry in that by contrast to the typical pattern in other industries, it is necessary to have systems to handle a variety of different types of operations, a range of size of operations, and operations in remote locations.

Jan 1, 1995

The Adavale Basin and Warrabin Trough are remnants of a much more extensive Devonian to Carboniferous depression which evolved through four tectonic stages; an initial period of rifting and three periods of foreland thrusting, which cannibalized much of the earlier depression. The Basin has subsequently been buried by sediments of the Galilee and Eromanga Basins.The Basin was initiated during the Early Devonian when the earlier cratonized Thompson Foldbelt rifted away to form a marginal sea comparable to the South China sea. This crustal extension was probably in a Northeast-Southwest direction. These initial rifts were the site of acid volcanism (Gumbarbo Formation) and later, deltaic and shallow marine facies (Eastwood Beds).

Jan 1, 1990

I should like to congratulate Dr. Salamy on his most informative paper.Under the heading of "future development" Dr. Salamy states the intention of using 3 in. lifters. In this connection I should like to mention one or two of our findings at the Croesus Plant of North Kalgurli (1912) Limited. We have converted a 5i ft. x 11 ft. grate discharge ball mill to a high level overflow rod mill. When we were considering this conversion we explored the literature and decided on using 2t in. lifters on alternate liners-the results were not encouraging. The mill all but "took off" from its foundations,and performance with regard to tonnage was poor. There...

Jan 1, 1956

By Groudeva VI

The biohydrometallurgy of gold is based on different processes which could be grouped into four main groups (Attia, Litchfield and Vaaler, 1985; Karavaiko et al, 1988; Groudev, 1990): 1. bacterial oxidation of gold-bearing sulphide minerals by chemolithotrophic bacteria to facilitate the subsequent chemical extraction of gold; 2. solubilisation of gold from oxide ores by means of heterotrophic bacteria; 3. recovery of gold from solutions by biosorption; and 4. microbial modifications of the surface of gold-bearing sulphide minerals to improve the subsequent gold concentration by physical dressing methods (eg flotation, oil agglomeration).

Jan 1, 1993

A system of decline mine entries and ore haulages has been designed for the Mt. Windarra mine. This choice was controlled by the nature of the ore- bodies, the mining method chosen and the capital cost of development re- quired for production. Mine entries are being driven 4 metres high and 5.5 metres wide and decline at 11%, to accommodate diesel haulage vehicles of 35 tonnes capacity. The.Mount Windarra haulage system and the design parameters used in its selection and design are discussed, and general design and selection parameters are proposed.

Jan 1, 1973

By Stockton N. D

Gravity concentration of gold is an important facet of gold processing technology in Western Australia. While great interest has been directed at gold leaching technology and considerable developments achieved, gravity concentration has received much less attention and this paper provides an update on the current practice and developments that have been achieved in recent years.A survey of 72 gold processing plants in Western Australia was conducted in 1991 and some 31 questionnaires were returned for analysis. Of these, 19 plants were using gravity concentration and this paper highlights some of the features of these operations.

Jan 1, 1992

Two recently published studies have considered whether and how robots, which have been designed for manufacturing applications, could find use in mining. The conclusions of both studies, if not identical, are compatible. Automation of mining activities will continue. Robots, at least in the short term, will have little application in mining. However, robotic concepts, both hardware and software, are of considerable relevance to mining automation, and can be anticipated to diffuse gradually into mine environments. The present paper is intended to convey the current state of thought on this subject to IFAC Symposium participants who may be unfamiliar with the referenced studies, and is not intended to report previously unpublished research.

Jan 1, 1985

The mining industry in common with the rest of Australian industry is in the critical situation of facing a rapidly diminishing insurance market. Huge industrial complexes and massive mining risks with limits of liability of millions upon millions of dollars are becoming increasingly difficult to insure. Insurance underwriters are still reeling from the financial shocks of cyclones, floods and fires in Australia over the past couple of years. Risk Management which calls for manage- ment involvement in the control of losses offers a serious challenge to miners, industrialists and insurance underwriters alike. Without it the insurance market could disappear altogether.

Jan 1, 1975

I am honoured to have been asked by Sir James Foots, the President of the Congress Organising Committee, to open this, the 13th Congress of the Council of Mining and Metallurgical Institutions. The theme you will be addressing over the next few days is "The Twenty First Century - Mining, for Mankind" - a theme that must be regarded as an enormous challenge for the entire minerals industry. Previous conferences, starting in 1924 in London and followed by two others in the United Kingdom, have also taken place in Canada (three), Southern Africa (three), Australasia (two), and Hong Kong (one), but this is the first to be held in Singapore.

Jan 1, 1986