Search Documents

This paper compares and evaluates the impact of income tax and value-added tax on the decision to explore for minerals or to develop a mine in four countries: Australia, Papua New Guinea, Argentina and Indonesia. Three aspects are considered in depth:- domestic tax rules applicable to mining projects;- taxation of foreign mining investment and foreign providers of expertise;- taxation of project finance (other than equity) from foreign sources.Specific tax issues discussed include tax deductibility of various costs, treatment of tax losses, special tax incentives, comparative treatment of various corporate structures, non-resident withholding taxes, and tax costs of various forms of project finance. The paper also illustrates the comparative impact of income tax on rates of return by means of a simulation of a mining project in each of the four countries. The simulation demonstrates why the highest rate of return may be obtained in Argentina and the lowest in Australia.Relevant features of the income tax systems in each country (at 15 February 1990) are summarized and compared in several tables annexed to the naner.

Jan 1, 1990

Diesel-engine exhaust emissions represent a concern to the mining industry due to the poten- tially harmful health effects of the pollutants, as well as high costs associated with providing proper ventilation to assure a healthful working environment. The control of exhaust emissions is complex since the operating mode and condi- tion of the engine, the mine environment, and the operator's skills all influence the concen- tration and composition of the emissions. It is not practical to measure each exhaust pollutant in underground mines; therefore, a monitoring methodology is required to measure the pollut- ants and assess the air quality.

Jan 1, 1988

The liquid products of low-temperature carbonisation of coal are of variable composition, very much influenced by the rank and type of coal, and process parameters. In general the tar contains a high proportion of phenols and a low proportion of bases. The neutral oil is more analogous to a thermally cracked petroleum oil than to a high temperature tar. Present practice and possible future trends in the production of chemicals and liquid fuels from low temperature tar are reviewed in the light of recent work on the detailed composition of the tar The phenols and aromatics will probably continue to be of most value, with the bases a useful source of spec- ialty products. However the high aliphatic content of the neutral oil (particularly 1-olefins and n-paraffins) is bound to receive more attention for chemicals as well as for liquid Fuels.

Jan 1, 1969

Coal mining safety and health legislation is more than typical of safety legislation which has been born of adversity. Indeed, in the main it has been the child of disaster. Requirements which now appear obvious were indeed only occasioned by either social injustice or more commonly by great disasters. Even then changes were often made only after months or years of deliberation by committees. Early mining legislation in New South Wales benefited from the experience in Great Britain. The pioneers of our industry were miners from there and brought with them the basic British legislation, so we started with knowledge gained the hard way. A review of accidents statistics provides a measure of the effectiveness of mine safety legislation, but unfortunately rules cannot control human nature. Miners, managers and inspectors must work as a team to make mines safe and new legislation in New South Wales is planned to this end.

Jan 1, 1975

By M E. Malmstr÷m

Quantification of site-specific sulfide oxidation rates is crucial to accuracy of prediction of, for example, the environmental impact of a mine site. Sulfide oxidation reactions are reportedly increased by bacterial mediation; determination of abiotic and biotic weathering rates thus requires the establishment of sterile control samples. However, sterilisation often involves exposure of samples to extreme conditions that may alter the physical, chemical, or mineralogical characteristics of the tailings and hence affect element release rates. The impact of various sterilisation techniques, common and novel, on the element release rates from tailings from the Kristineberg site, northern Sweden, has been investigated. Batch weathering experiments indicated that the different methods of sterilisation (autoclaving, heat treatment, ethanol/heat treatment, application of antibiotics, rinsing with distilled water, and γ-radiation) did not greatly affect long-term element release rates. Long-term experiments (>30 days) are thus to be recommended for establishment of weathering rates. Sterilised and untreated control samples showed similar element release rates after ~100 days of experiments; possible explanations include that microbial oxidation is not important under our experimental conditions (Po2 = 0.2 atm, pH ~2.3, 22¦C, 0.01 M HNO3, no additional nutrients).

Jan 1, 2003

By S Tavelli

This discussion will present a case study in developing solutions to a metropolitan quarryÆs public relations, legal, environmental, and productivity problems. It details an extensive and detailed project to address the blasting practice in a medium sized quarry that is surrounded by residential and industrial zones. The principle work was done over four months duration during the normal production season. It included detailed drilling and blasting audits for baseline information. In addition, geologic characterisation, seismic modeling, correction of deviations from best practices, and implementation and monitoring of precise electronic timing to provide dramatic solutions for the quarry. The quarry is in the near suburbs of a large metropolitan city. It is framed on two sides by residential municipalities and on two sides by industrial zones. At the start of the project, the quarry was in court as a result of the lawsuit by one of the neighboring towns that was suing to close the quarry. The lawsuit had progressed to the advanced stage where in the Judge had appointed an arbitrator to make the decision of continued operation. This arbitrator was to observe our progress and recommend to the Judge the disposition of the case.

Jan 1, 2004

The relevance of borehole and bore core evaluation to the design of underground coal mines is illustrated by considering the technical parameters of colliery design and the information from which they are constructed. The nature of this information is described, together with some methods for its storage, processing and presentation. Geophysical exploration techniques are compared as information sources. It is concluded that borehole and bore core evaluation is relevant and necessary for colliery design, but that optimum results will be obtained if drilling can be combined with geophysical techniques. Because of the inherent uncertainties in prediction of mining conditions the necessity of obtaining as much information as practicable from drilling evaluation is also stressed.

Jan 1, 1977

Mineral processing is at the hub of the exploration-mining-metals production system. Because of the large volumes of material processed, incremental technology investments can pay off better than for other parts of the system. However, much of mineral processing remains a 'black art', because we are behind in investing in modem technologies. Consequently, we have one of the best opportunities to improve efficiency and competitiveness through the application and transfer of technologies that have already been developed for other industries. The reluctance of minerals companies to place priority in our area is not because we lack new ideas; our senior management has not been convinced, based on our previous results, that such investments will pay off as well as other investment opportunities competing for the same resources. The key is the proper establishment of technology strategy and more effective transfer of technology. The presentation will identify the failure mechanisms of technology transfer and will present a model for improving the success rate, a prerequisite for raising the priority of mineral processing investment. Topics emphasised include strategy formulation, human resources planning, and total quality management principles applied to improving technology transfer.

Jan 1, 1993

The increasing introduction of high capacity mechanical equipment into the coal mines of New South Wales following. tforld War II brought with it problems of roof support. Rapidly advancing headings in difficult country could not be supported with heavy, close,timbering due to the time involved in installation and the reduction of available' space for the movement of machines. _ The installation of low cost, space saving, rapidly installed roof supports became a necessity if the new mechanical equipment wa-s to be allowed to operate at maximum efficiency. As, a result of experience in the United States of America, the system of roof support using steel reinforcing bolts began to find increasing, popularity in the mechanised mines in this State. From the somewhat'crude methods of in- stallation adopted in some of the, early trials, the practice of roof bolting has advanced into a-highly technical operation, requiring care and skill to ensure optimum results.

Jan 1, 1971

By Bowra N

Working capital is best described as money that must be supplied from a company's treasury to buy inventories for raw materials and finished products and to provide credit to customers who have not yet paid for delivered products. Working Capital requirements for resource projects are to a large extent, dependent on specific characteristics of the projects concerned. Important variables are the nature of the project and speed with which sales can be realised. The project's location is also important as this will influence inventory levels. Working capital requirements have a time profile, the present value of which can represent a significant portion of a projects overall capital needs. A significant component of a project's working capital is not readily recoverable or able to be reassigned should the project fail or be deferred.

Jan 1, 1986

By J E. Eberhardt

Ore sorting has long been used to raise the efficiency and thus lower the environmental impact of mineral processing operations. It was first instituted as hand sorting, according to a humanly perceived difference in the ore, but is now automated using large mechanical sorters in order to meet the high tonnage throughput required in most minerals processing applications. In the past, ore sorting was generally used as a niche processing route when other approaches failed, and in this context, consequential environmental benefits are often not the first consideration in adopting sorting. When applicable, ore sorting offers environmental benefits in reductions in fines waste, reagent usage and energy consumption in milling. Although there are significant opportunities for the use of ore sorting technology in many minerals processing operations, industry applications, to date, have been limited mainly to the processing of diamonds, magnesite, talc and uranium ores. This limitation has principally been due to a lack of suitable sensing technologies for a wide range of ore types. The authors report on a wide-ranging review of the automated sorting of mineral ores, and in particular, on methods for discrimination of ore characteristics prior to mechanical sorting.

Jan 1, 2002

The beneficiation of heavy metal oxides, such as iron ore, is usually performed with heavy medium separation in cyclones, static baths and lately with Larcodems. Atomized ferrosilicon is most suitable as a heavy medium at densities above 3600 kg/m3 whereas a mixture of milled and atomized ferrosilicon is suitable at densities below 3600 kg/m3. When operating a beneficiation plant at densities higher than 3600 kg/m3 the quality of the ferrosilicon particles is an important factor that influences the control of the beneficiation process. Therefore, it is important to know how the rheology would be affected by the ferrosilicon quality as it also influences the control of the process at these elevated densities.

Jan 1, 2002

By Armstrong M

Two methods of Monte-Carlo simulations, one suggested by Matheron (1972) and the other by Rudenno (1983), have been tested for simulating coal deposits. To do this 2160 values of ash percentages were simulated using 60 known data points in a two dimensional grid, 20 m x 40 m. 1L is found that while both methods conserve the mean of the known distribution in the results of the simulations, only the first method reproduces the spatial covariance (i.e. the variogram), of the experimental data. The results show that for simulation of regionalized variables only the first method tested yields the desired results.

Jan 1, 1985

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

By Houchin MR, Jenkins DH

This paper examines the importance of processing to the properties and performance of high purity zirconia ceramics. Many of the principles discussed, however, apply to ceramic processing in general. For fabricated ceramic articles to display their wide range of high performance properties, they must be made fully dense. The precursor powder and postpowder processing requirements necessary to achieve full density in the fabricated body are discussed. Brittleness, the anathema of ceramics, can be overcome in zirconia by incorporation of toughening mechanisms. Transformation toughening and microcrack toughening and their origins in partially stabilized zirconia are reviewed.

Jan 1, 1989

By Pease JD

This paper reviews the changes in operating practices made in the heavy medium plant to meet the objectives of increased silver, lead and zinc production at lower operating cost. The effects of medium quality, screen- ing efficiency, medium consumption, equipment service life and plant availability on these objectives are described.

Jan 1, 1988

By Torrance AC

A joint research programme conducted by BHP Central Research Laboratories and Du Pont Wesfarmers Pty Ltd examined the effect of the size of cast primers on the run up and steady state detonation veloci- ties of ammonium nitrate based explosives as a function of blasthole diameter. Both continuous and point to point velocity of detonation meas- urement techniques were used. The field trials examined a number of the Du Pont HDP series of primers in conjunction with ANFO, emulsion and watergel explosives. Results indicate that the run up velocity of 187mm diameter ANFO charges is negligible using cast primers as small as 150g. owever, emulsion and watergel explosives did exhibit run up in both 187 and 311mm diameter blastholes, independent of the size of primer. This could last from 7 to 10 blasthole diameters.

Jan 1, 1988

New Caledonia, Norfolk Island and northern- most New Zealand lie on a long, narrow, ridge system, the Norfolk Ridge System, which is sit- uated in the centre of a geologically complex region of ridges and basins between Pacific Basin oceanic crust and continental crust of Australia (see Eade, 1987).

Jan 1, 1987

Geomorphology is one of the most basic elements in geographic enviroments. Geomorphological mapping is significant in the spatial distribution of representing land form and understanding various features of geomorphology. Geomorphological mapping began very early in China, as the map, showing conekarst(karst pinnacles) of Juiyishan, Hunan province, it was drawn in 168B.C., which was excavated from Han tomb. Mawangdui, Changsha. Its original idea of map-making is rather similar to that of modern map and could undoutedly be the oldest map of tropical karst discovered in the world.Before liberation, landform mapping was done piecemeally and only a small number of maps were prepared by a few editor as insets.

Jan 1, 1990

By Burks WG, Hughes FE, Muceniekas E, Whitcher IG

The area containing the iron field, recognised by the writers, is part of an uplifted, portion of the 'Western Australian Plateau,' ranging in elevation from about 1,000 feet to about 3000 feet above sea level. The local rock succession is flat-lying or moderately-folded and belongs to the Nullagine Series of Upper (2). Precambrian age. This series forms the Hamersley Rangeland vast portions of the...

Jan 1, 1964