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By E. Munnik

The Chambishi Metals Cobalt Plant in Zambia has recently installed a novel oxidation/precipitation pressure leach process as part of the COSAC (CObalt from Slag And Copper as by-product) Project. Aniron-cobalt-copper alloy, produced by the carbothermic reduction of slag, is atomized and pumped to the COSAC Leach Plant, where cobalt and copper are recovered as dissolved sulphate salts, andiron is rejected primarily as hematite. Cobalt and copper are subsequently recovered as cathode metal in the existing Chambish ioperation by conventional electrowinning. This paper examines the challenges faced during the design and subsequent successful commissioning of the COSAC Leach Plant. The challenges discussed include alloy handling, autoclave design, autoclave cooler design, residue liquor recovery and the water balance design. Keywords: Chambishi, Avmin, COSAC, Zambia, Copperbelt, cobalt, copper, alloy handling, pressure leach, autoclaves, cooling, filtration.

Jan 1, 2003

By R. Khanna, M. Dubikova

A variety of carbonaceous reducing materials are being used for the production of ferroalloys. Reductant materials include not just carbons such as coke, coal, char but also bio-carbons in form of charcoal produced from different types of wood. This paper discusses critical properties and reactions of carbonaceous materials and their significance in dictating reductant performance. Main considerations include among others, gasification of reductant, dissolution of carbon into molten metal, and direct reduction of slag by solid carbon. These are discussed in relation to material properties such as structural order, mineral matter content, composition, physical characteristics etc. A brief review of both conventional and novel approaches towards characterisation of carbonaceous materials has been included. Due to complexity and heterogeneity of carbonaceous reducing materials and a wide range of process requirements, the selection of the most appropriate reducing agent will depend on a number of considerations such as the availability of raw material and associated costs, product and process requirements and environmental aspects of waste gas emissions.

Jan 1, 2004

By G. B. Quaye

The deep level gold mining environment is characterized by high stresses that give rise to intense mining induced fracturing of the rock mass surrounding the stopes. In a geologically disturbed region where the intensity of mining induced stress fracturing is high, the degree of faulting and/or the frequency of other geological features such as joints may pose serious strata control problems. Unfavourable intersection of these discontinuities namely, faults, joints and mining induced stress fractures tend to divide the immediate hangingwall into unstable keyblocks which, if not supported, may result in extensive falls of ground. Effective support strategies therefore demand detailed investigation of the predominant inclinations and orientations of these discontinuities. The orientations and inclinations of these discontinuities surrounding a deep level stope have been measured. The results are projected onto the lower hemisphere of a stereographic net to determine the factors that contribute to the falls of ground in the stope. The analyses reveal that unfavourable intersection of these discontinuities divides the immediate hangingwall into unstable wedges that may become dislodged between support units.

Jan 1, 1998

Recent studies on the physico-chemical properties of molten slags and oxide solid solutions of interest are reviewed. The review covers redox and phase equilibria in slags, viscosity, diffusivity, electrical conductivity, kinetics of interfacial reactions between slags and CO-CO2, interfacial properties and phenomena. Some highlights from ongoing work on modelling phase diagrams, component activity, viscosity and electrical conductivity of multi component slags will be presented and results compared with published experimental data on slags with or without suspended solid phases.

Jan 1, 2004

The unpaved road network on a surface mine is extensive, comprising numerous roads of varying construction and material qualities with highly variable traffic volumes. Existing haul road maintenance management systems (MMS) work well for predictable traffic volumes, but for complex mine road networks, the MMS becomes onerous. This results in sub-optimal road maintenance strategies with the attendant increase in total road-user costs and reduction in service. A real-time maintenance management system was thus sought to overcome the deficiencies of existing MMS for mine roads. Since most large mines operate trucks with on-board diagnostic data collation, linked through a centralized communication and GPS backbone, it was proposed that road condition could be monitored on a real-time basis through on-board vibration signature analysis. The aim of this paper is to present the development of a real-time mine haul road maintenance management system. Following are view of mine road maintenance practices, the real-time system architecture is introduced and the results of a field trial of on-board vibration signature assessment is presented. The trial results are discussed in the light of road defect signature recognition, analysis, signature repeatability and system limitations. This approach has applicability to other situations such as a network of district roads, subject to an analysis of the economic feasibility. The paper concludes that modern technology has the potential to apply maintenance as and where needed with possible reductions in authority cost and an improvement in service provided for the road user.

Jan 1, 2003

By C. Birch

"A ‘geologically constrained’ orebody model has long been hailed as vital for a Mineral Resource statement that is compliant with the South African Code for Reporting of Exploration Results, Mineral Resources and Mineral Reserves (SAMREC Code). In this paper, the requirements for geological modelling as contained in the outline for the SAMREC Code are considered, and whether the new modelling software available on the market is a ‘black box’ or is better for modelling than traditional methods of wireframe creation.Implicit geological modelling is a technique that uses a radial basis function to establish and update geological models relatively quickly and efficiently from borehole data, outcrop data, manually interpreted vertical or horizontal sections, and structural data. Assays and any coded drill-hole data, such as lithology and alteration, can be interpolated.Leapfrog Geo software is an example of this new approach to geological modelling. A case study of a short training course in geological modelling for non-geologists at the University of Witwatersrand, as part of the Higher Certificate in Mineral Resource Management, is presented. The benefits of this type of geological modelling software are considered for this type of assignment as well as for mining industry applications.The use of geological models in mine planning is reviewed and a case study is presented comparing the variations in mine plan design and financial output of 13 final-year Mine Design projects from the University of the Witwatersrand School of Mining Engineering. These designs were all based on the same geological model created in the traditional way, and yet the resultant mine designs were significantly different, with very different resulting financial outlooks for the project. This raises questions as to how significant a very detailed model in the pre-feasibility and feasibility phases of projects really is, considering the huge costs involved in gathering the required data to build a SAMREC-compliant geological model."

Jan 1, 2014

By Du Sichen, K. Mukai, S. Seetharaman

Viscosities of slags constitute an important physical property needed for an understanding of the mass transfer phenomena in metallurgical processes. Viscosity is also the key that leads to a better understanding of the structure of slags. It is well known that the viscosities of silicate slags decrease with the addition of basic oxides due to the breaking of the silicate network. The measurements of slag viscosities often pose experimental challenges, especially to the choice of materials. The keynote lecture takes up the experimental problems and the various techniques adopted. Dynamic viscosity measurement, as a powerful tool towards an understanding of the kinetics of some high temperature reactions, is brought out. A number of semi-empirical models have been developed to estimate the slag viscosities in the case of multi component slags. A critical survey of these models is presented in the lecture. Earlier models by Riboud et al., Urbain et al. and Mills et al. have been developed further into a new generation of models. Some of the current important models are (1) Model by Iida et al. (2)CSIRO model (3) Pyro research Model (4) Model by Tanaka et al. (5) Model approach by Reddy et al. and (6) KTH-model. The predictions and capabilities of the various models are compared. Estimations of viscosities from thermodynamic data and prediction of liquidus temperatures from viscosities are presented. The concept of surface viscosities with reference to slags and viscosities of two-phase mixtures are also taken up in the presentation.

Jan 1, 2004

By D. Strachan

Installation of support in known poor ground intersections during reaming operations requires rapid access to stabilize the shaft wall and thus to prevent the loss of the shaft through scaling. This is especially relevant to shafts of long dimension where the duration from time of exposure to time of support installation is lengthy This paper deals with the innovative methodology employed at Harmony?s No. 8 Shaft 17/24 level sub ventilation shaft to rapidly support a shale intersection between 23 and 24 Level by employing a single deck stage suspended from the reamer head by means of Skyjack winches.

Jan 1, 2009

By M. Syamujulu

In 1994, Nkana smelter commissioned a multimillion US Dollar Chilean Teniente converter (CT) in its operations in order to improve its smelting technological base. The main objective was to reduce the overall smelting energy costs and increase the sulphur capture for sulphuric acid production to support the company?s leaching operations at Nchanga tailings leach plant. A decade of CT operations have since ensued following its installation and start-up. This paper provides a technical and operational audit of the performance of the CT in the first 10 years of its operations at Nkana smelter.

Jan 1, 2005

By D. Xie

An in situ gravimetric technique based on wetting and capillary action principles has been used to investigate the wetting and penetration of synthesized alumina samples and commercial magnesia spinel refractories by CaO-SiO2-Al2O3-Fe2O3slags. Synthetic slags of 40CaO-40SiO2-20Al2O3 (in weight per cent) with 0 to 9 weight per cent Fe2O3were used and the experiments were conducted at temperatures 1370 to 1470ºC under argon. The contact time between the sample and the slag was 30 minutes. The results show that the wetting and penetration are enhanced by the iron oxide addition in the slags. Addition of Fe2O3from 0 to 9 weight per cent resulted in a significant increase in the slag penetration into the magnesia spinel refractory by a factor of about 7 and a moderate increase in the synthesized alumina by about 60 per cent. The addition of Fe2O3enhanced the wetting (??cos?, where ? is the surface tension of the slag and the contact angle between the slag and the refractory) by 5 to 18 per cent. An increase in temperature from 1370ºC to 1470ºC resulted in a significant increase in the penetration of a 6 weight per cent Fe2O3slag in the alumina and magnesia samples by a factor of4 to 5 and a decrease in wetting by approximately 30 per cent. Keywords: refractories, slag penetration, wetting.

Jan 1, 2004

By Janet M. Epps

The international climate regulating environmental management in mining is rapidly evolving through the combined influences of the development of international guidelines, resolutions, protocols, treaties and conventions; the influences of the international lending and aid institutions who seek a consistent but constantly evolving standard of environmental performance from their clients; the legal precedents being developed in courts al over the world; and the activities of multinational countries who tend to rapidly upgrade technological performance through their international activities (particularly influencing developing countries). In this rapidly evolving regulatory environment, the more 'models' available to this international pool of resource materials that demonstrate practical. cost-effective and (most desirably) incentive based regulatory mechanisms, the better will be the eventual body of 'international standards' we will al have to work with. Australia can make a significant contribution to this process, however, it has only been on the margin of this dynamic, North American and European led process, up to this time. It is in the Australian minerals and energy industry's best interest to take an active part in the evolution and direction of this process.

Jan 1, 1996

By S. O. Choi, H. -S. Shin, W. -K. Song

Nuclear waste should be disposed with the best warranty for the national health and welfare. Among the several repository systems, the deep underground disposal is considered to be a most suitable system in Korean peninsula. However it demands basically the comprehensive stability analysis such as the behaviour of discontinuities in rock mass, the behaviour of ground water, and the reaction of rock stress according to the heat from the nuclear waste. For these purposes, the underground nuclear waste disposal repository was simulated in two- and three- dimensions. It shows that emphasis will be given to the thermal conductivity of discontinuities and the thermal convection of ground water as well as the thermal stress generated by the nuclear waste for design and construction of repository system, and they should be obtained from the field measurements. Déchets nucléaires devront tre déposés avec la meilleure garantie pour la santé et le bien public. Parmi les plusieurs systèmes de dépôt, la disposition en souterrin profond est considérée au système le plus approprié en Corée. Pourtant ce système demande essentiellement l’analyse éten-due de stabilité comme le comportement des discontinues en masse rocheuse, le comportement de l’eau souterrin et la réaction des contraintes de roche selon la chaleur depuis les déchets nucléaires. Pour ce but, le dépôt des déchets nucléaires en sous-sol a étè simulé en deux et trois dimensions. Il montre que l’accent sera donné à la conductivité thermale des discontinues et la convection thermale de l’eau souterrin aussi bien que la contrainte thermale générée par les déchets nucléaires pour le plan et la construction du systèmes de dépôt, et ils devront tre obtenus depuis les mesures sur place. Die Kernwüste muß mit der besten Gewähr für die nationale Gesundheit und die Wohlfahrt angeordnenet werden. Unter einigem Fundgrubesystem, das tief unterirdisch Wegwerfen werde in Betracht das passendest System in der koreanisch Halbinsel gezogen. Jedoch, es verlangt grundzätzlich die umfassend Stabilitätsberechnung so wie das Behnehmen mangelnder Konti-nuität in der Felsmasse, das Behnehmen des Grundwasser, und die Reaktion der Felsenbelastung nach der Hitze von der Kernwüste. Für diesen Zwecke, die unterirdische Wegferfenfundgrube der Kernwüste wurde in der zwei und drei Dimensionen gesimuliert. Es beweist daß die Betonung wird zur thermisch Leitfähigkeit mangelnder Kontinuität und thermisch Konvektion des Grund-wasser sowie die thermisch Belastung ergezeugt durch die Kernwüste für den Entwurf und die Konstruktion des Fundgrubesystem gegeben werden, und sie müssen von den Feldmaße ergelangt werden .

Jan 1, 2003

By Stefan Basista, Janusz Tomala

Modern constructions of electric ferroalloy furnaces are still based on applying in the lower "liquid" areas the standard carbon materials. What can be illustrated by the experience from several years, in the part of tap hole, hearth walls and bottom, is that so-called carbon or semigraphite microporous materials are successfully being applied. These materials, compared to the standard carbon, give better resistance to the attack by liquid metal and other wear factors. Generally this group includes materials characterised by considerable share of pores of diameters below1µm (significantly exceeding 90% of total porosity). The microporosity increases the resistance to the infiltration of the liquid metal. The effect of microporosity can be obtained by introducing silicon (or its compound) additive to materials based on electrically (or gas) calcined anthracites, electrographite and binder. Moreover, by introducing other ceramic additives, the microporous materials are more resistant to dissolution by the liquid metal. Observing the trends of "improving the materials" in the last years, it is clearly seen that the share of non-carbon additives is bigger and bigger, so we can reasonably speak of rather carbon-ceramic materials. In this paper, the survey of the most important quality criteria, which must be met by the carbon furnace linings, as well as the new testing methods will be presented.

Jan 1, 2007

2nd CONGRESS OF THE INTERNATIONAL SOCIETY FOR ROCK MECHANICS The 2nd Congress of the International Society for Rock Mechanics will be held in Belgrade, 21-26 September, 1970. The Congress will include: working sessions, study tours, receptions, excursions introduced in the working sessions and post-congress excursions and special programme for accompanying persons. Anyone interested in rock mechanics and its applicarion may take part in the 2nd Congress. Official languages of the Congress are: English, French and German. Simultaneous translation service will be provided during the Congress. All the correspondence concerning the 2nd Congress of the International Society for Rock Mechanics should be addressed to: Sekretarijat 2. kongresa Medjunarodnog drustva za mehaniku stena Institut za vodoprivredu "Jaroslav Cerni" Bulevar vojvode Misica 43, Postanski fah 530 Beograd - Jugoslavija NINTH INTERNATIONAL SYMPOSIUM TECHNIQUES FOR DECISION MAKING IN THE MINERAL INDUSTRY The Symposium which is to be held in Montreal during the week of June 14-19, 1970, follows the Computer Symposium held in Salt Lake City this year. The purpose of the Symposium is to define the role of decision making techniques within the mineral industry and to stimulate the development of specific applications. The subject of the Symposium-mathematics, operations research and computers as applied to the mineral industry-allows a complete picture of the mineral industry in its public policy, corporate, financial and technological environment to emerge. This is another of the series of symposia on this and related subjects started in the early 1960's at the University of Arizona. Sponsorship has included a number of Universities and the Society of Mining Engineers of the American Institute of Mining. This 1970 symposium is the first to be held outside of America, and is being sponsored by the Canadian Institute of Mining, McGill University and Ecole Polytechnique. A number of delegates from South Africa have participated in these symposia and several have already arranged to attend this symposium in Montreal. Enquiries should be directed to: Secretariat, The 9th International Symposium, Department of Mining Engineering, Ecole Polytechnique, P.O. Box 50l, Snowden, Montreal 248, Quebec, Canada. 24th INTERNATIONAL GEOLOGICAL CONGRESS This Congress is to be held in Montreal, Canada, from August 21 to 30, 1972. A very detailed and extensive programme has been proposed, and includes a number of excursions. Copies of the first circular are obtainable from: The Organizing Committee, 24th International Geological Congress, 601 Booth Street, Ottawa 4, Ontario, CANADA. SYMPOSIUM ON THE RECOVERY OF PYRITE The proceedings of the Symposium on the Recovery of Pyrite, held in Johannesburg on 12th to 13th June 1969 are now available. Copies may be ordered from the Secretary, S.A.I.M.M., P.O. Box 61019, Marshalltown, Transvaal at a cost of R10.00. Papers and addresses presented at the Symposium were: Opening Address by Mr J. K. E. Douglas (President). 'The world sulphur position,' by W. C. J. van Rensburg (Member). 'The South African sulphur position,' by D. L. Taylor (Member). 'The recovery of pyrite at Government Gold Mining Areas Limited,' by R. J. Westwood (Member), G. S. Stander (Affiliate) and H. R. Carlisle (Member). 'Recovery of pyrite concentrates from colliery-waste discards-A preliminary assessment,' by W. A. Gilbert (Visitor) and E. A. Nugent (Member). 'The role of pyrite in upgrading the uranium content of Witwatersrand conglomerate ores by means of the heavy-medium separation process,' by D. J. Tutt (Associate Member). 'Pyrite recovery by jigs at Durban Roodepoort Deep Limited,' by E. J. Dominy (Affiliate), F. Diamond (Affiliate) and A. D. Graham (Affiliate). 'The storage of pyrite concentrates,' by Joan C. Campkin (Visitor) and P. J. Lloyd (Member). 'The flotation plants of the Anglo- Transvaal Group,' by L. A. Bushell (Member). 'Pyrite flotation with amines and cyanidation of the products,' by E. H. D. Carman (Member). 'Gold recovery by cyanidation from mill products obtained after pyrite flotation,' by P. G. Mrkusic (Graduate), M. Sciarone (Visitor) and H. E. Simonsen (Visitor). 'The influence of sulphydral and cationic flotation reagents on cyanidation of native gold,' by K. G. Ashurst (Visitor) and W. P. Finkelstein (Member). 'Laboratory tests on the flotation of pyrite from Witwatersrand gold ores by cationic collector,' by J. Levin (Member), and M. L. Veitch (Visitor). Closing Address, by Dr R. E. Robinson (Director, National Institute for Metallurgy).

By P. J. D. Lloyd

The widely employed IPCC models for the release of methane from underground coalmining operations are reviewed, and put in the context of the South African National Communication on greenhouse gas emissions. Then attempts to calibrate the model via measurements on South African coalmines are described. These attempts failed because it rapidly became clear that the IPCC model, involving methane adsorbed by the coal and released (a) by the depressurization of the strata caused by mining, (b) from the broken coal and (c) from coal remaining in roof, floor, pillars or goaf after mining, was not valid. Instead, measurements showed that the methane release was very variable, sporadically falling to zero. Carbon dioxide concentrations were monitored at the same time as methane, and followed methane concentrations. An alternative model was developed, in which methane was largely displaced from the coal and held in fissures, cleats and pores, which, when intersected by mining, released methane into the ventilation stream. In a key test of this hypothesis, methane concentrations around a continuous miner were monitored both during operation and after shutdown. Even during operation, methane became undetectable. It is hypothesized that heating of the South African coal-seams during the emplacement of the igneous dykes that cut so many of the seams caused displacement of the methane from the coal into the pores. This fissure-held methane, or free methane, is released rapidly once a pathway through the coal into the mine atmosphere is established. In contrast, methane adsorbed in the coal, and measured as the seam gas, desorbs relatively slowly. Measurements suggest that on average about 50%of the adsorbed methane is lost one day after mining. By that time, the coal will have left the mine, so that the remaining seam gas will be released to the atmosphere outside the mine. Attempts to measure methane emissions from surface coal-mining operations showed very little detectable methane. Coal from surface operations, which was milled and exposed to atmosphere, adsorbed gas from the air. It is concluded that methane release from surface operations is probably less than 3Gg/a. It is estimated that the total methane release from the coalmining industry amounts to about 72 Gg/a, as opposed to the National Communication estimates of 323 Gg/a in 1990 and 317 Gg/a in 1994. However, there are large errors associated with these estimates, and it is recommended that the methodology outlined in this report be extended to as many mines as possible to reduce the errors that are inherent in the physical processes underlying the release of methane from South African coalmines.

Jan 1, 2005

By A. Cichowicz

In this study, techniques used to design earthquake-resistant structures are applied to the deep-level mining environment. Earthquake engineers seek to identify the cause of potentially damaging resonance, and design or reinforce structures to reduce these effects. Similar techniques have been used to analyse the dynamic behaviour of the rock mass surrounding a stope in a deep South African gold mine. A three-dimensional seismic array installed in a stope at TauTona Mine (previously Western Deep Levels, East Mine) provided an opportunity to examine the evolution of the wave field close to an underground opening. A set of three-component geophones installed in a borehole above the panel revealed the development of surface waves as wave fronts reached the excavation, and an array of vertical component geophones fixed to the hangingwall provided a two-dimensional map of site effects. While the collected data do not include damaging seismic events, quantitative analysis enabled phenomena which could lead to damage, to be recognized. In the vicinity of the excavation, the energy of the seismic signal is generally transformed from high frequency to low frequency. It was found that seismic events with relatively high corner frequency (150 Hz?200 Hz) usually excite several modes of vibration (30 Hz to 110 Hz), while events with low corner frequency (30 Hz?50 Hz) do not always excite higher modes of vibration in the structure. This implies that the rock mass around the excavation is a complex medium, and should be studied using the multi-degree-of-freedom model. A strong structural effect (due to the excavation shape) was revealed as a low frequency coda wave (at 40 Hz and 60?70 Hz), well developed on the skin of the hangingwall. A strong site effect was revealed by changes in signal properties between hangingwall geophones, exhibiting strong resonances around 160 Hz and in the range 200 Hz to 300 Hz.

Jan 1, 2000

By M. L. Bakker

Keywords: Pyrometallurgy, top submerged lance (TSL), nickel, PGM, calcium ferrite, lime ferrite The ISASMELT? top submerged lance (TSL) bath smelting process was developed in Mount Isa, Australia by Mount Isa Mines Limited (now a subsidiary of Xstrata plc) during the 1980s. By the end of 2011, the total installed capacity of the ISASMELT? technology will exceed 9 000 000 metric tons per year of feed materials in copper and lead smelters around the world. Commercial plants, operating in Belgium and Germany, are also batch converting copper materials in ISASMELT? furnaces. This TSL technology is equally effective for continuous converting processes, whereupon it is called ISACONVERT?. This paper presents the recently patented ISACONVERT? process for the continuous converting of nickel and Platinum Group Metal (PGM) containing mattes using the calcium ferrite slag system. The paper focuses on the potential application of the ISACONVERT? technology to existing nickel and PGM smelting complexes.

Jan 1, 2011

The main objectives of the Mine Mechanisation and Automation program (MMAP) are to enhance health and safety in underground mining operations, facilitate mechanization and automation in narrow-vein and deep mines, provide sound science to regulatory agencies and improve mine profitability. The program, which has a unique underground and surface industrial scale facility, is involved in many multi-partner projects, like hydrogen fuelcell applications, electrification and hydraulification of underground mines, reduction of noise and vibration, miner location device, explosive-free blasting and hoisting. The paper presents an overview of the Mine Mechanisation and Automation Program of Natural Resources Canada and some of the main projects.

Jan 1, 2002

By J. S. Harington

Our purpose is to record and to explain the widely changing numbers of the huge total of black workers on the gold mines of South Africa over the century from 1896 to 1996. These men were recruited from up to twenty territories, and their contributions are examined. The major areas providing labour over this long period have been Lesotho, the former Transkei within South Africa and Mozambique. From 1989 to 1996, for instance, these three areas accounted for over sixty per cent of the total labour force (tlf). Our principal Figure 1 shows the tlf fluctuating through time to reach a peak of 480 000 in 1988. Irregular falls are also documented with the most serious in 1995 to 180 000. Based on this graph we consider the political, economic, sociological and historical reasons behind these changing employment opportunities. These have included external world-scale events such as war or depression, as well as internal changes of national economy and policy. We show the importance for numbers employed of the discovery of gold in the Orange Free State in 1946, the influence generally of the ?Winds of Change? and the firm maintenance by the State of law and order. Varying gold production costs and profitability against high tax rates, allied with increasing wages and a lack of development capital, have led in the last decade to employment falling by fifty per cent, despite an actually higher value of gold output. Finally, this analysis considers the role of the migrant labour system as it affects, and is affected by, conditions in the gold mining industry, with special reference to its less than humane consequences in the numerically dominant territories of Lesotho and Transkei.

Jan 1, 2004

By W. Mackenzie

The development of a resource project inevitably requires the investigation of a vast range of issues across most engineering disciplines - mining, metallurgical, chemical, civil, electrical, mechanical and environmental - as well as the geosciences. It is also a characteristic feature of the resource industry that no two orebodies - and hence no two development projects - are the same. So these technical issues have to be addressed to a greater or lesser extent in evaluating any resource project's development potential. Not surprisingly then, technical issues tend to predominate when assessing the development potential of a project in the process typically referred to as `doing a feasibility study'. But the principal purpose of a `feasibility study' is to determine whether a development opportunity makes good business sense, not just whether it is technically possible. Resolution of technical issues is often seen as the primary focus of a feasibility study, whereas in reality, these technical issues are the basis upon which an asset delivery and business plan is built. This is not to say that technical issues are unimportant - they are a prerequisite to the demonstration of a project's viability. The feasibility study process must therefore demonstrate that not only have the technical issues been satisfactorily addressed, but also that the broader commercial, economic and social issues have been considered in the development of a comprehensive business plan, which includes an assessment of the risk-reward profile of the proposed development. This paper will present a framework for the conduct of `feasibility studies' and provide guidance to minimum standards and best practice.

Jan 1, 2007