Search Documents

By Low Russell

Mark Westfield, writing in The Australian on 16 May 1994 stated: The role of the independent expert is crucial to Australia's investment system. When it falls down, there can be very dramatic consequences. The scope of these consequences was dramatically illustrated in the decision of Rogers J. at first instance in Cambridge Credit Corporation v. Hutcheson (1983) 8 ACLR 123 when the auditors of the failed company were found liable for breach of contract and faced a damages award of $145 million, well in excess of their insurance cover. No comfort should be sought in the fact that this decision was overturned on appeal, for the result of the appeal rested on whether there had been a causal connection between the breach of contract which had occurred and the loss suffered, rather than on the fundamental principle of auditors' liability. Thus: Those who prepare experts' reports in company cases carry a heavy moral responsibility, whatever their legal duties may be... Unless high standards are observed by those who prepare these reports, there is a danger that systems established for the protection of the investing public will, in fact, operate to their detriment through reliance placed on those reports and on the reputations of those who furnish them. In lending his name, the expert will often, as in this case, be lending a name to conjure With.

Jan 1, 1995

By C A. Myburgh, S Craig, K Deb

In focusing on open pit mine scheduling, one of the biggest areas that a mining engineer can add value is in the area of cut-off grade optimisation. It is not atypical to add up to an extra 20 per cent in value by bringing forward higher-grade ore and deferring costs into the future.There are many techniques available to maximise net present value (NPV) when applied to open pit mine scheduling. That in itself raises the question of why so many of these techniques exist. The short answer is that none of these techniques are robust. Every time the problem changes, the algorithms also have to change.Instead of trying to make a problem fit the constraints of an existing technique, there is much to be said for usefully hybridising different approaches. This paper describes an innovative approach where evolutionary algorithms are combined with both local search and linear programming. The goal is maximising NPV through optimisation of cut-off grade policy and extraction sequence for an open pit mine. The cut-off/cut-over grade policy produced caters for multiple processing streams and stockpiles.Finally we demonstrate the quality of the algorithm by comparing some results with a well-known mathematical solution.CITATION:Myburgh, C A, Deb, K and Craig, S, 2014. Applying modern heuristics to maximising net present value through cut-off grade optimisation, in Proceedings Orebody Modelling and Strategic Mine Planning Symposium 2014, pp 155–164 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 24, 2014

A practical approach has been developed for the design of both grates and pulp lifters. It is based on: an appreciation of the process interaction between grates and pulp lifters, an interpretation of mill charge structure as it relates to discharge through grates, and an analysis of pulp and solids flow in pulp lifter channels. This approach can be used to improve the overall discharge effectiveness of AG and SAG mills.

Jan 1, 2000

By S Watson, L Martinez

Mine projects are complex opportunities that demand a constant assessment of uncertainty, ie risk and upside potential. This is because the value of a mine project is typically influenced by many underlying economic and physical uncertainties, such as metal/mineral prices, metal/mineral grades, costs, schedules, quantities, and environmental issues, amongst others, which are not known with much certainty at the beginning of the project. But, is uncertainty an enemy or an ally of the mine planner/analyst? To answer this question, this paper first assesses and elaborates upon the general concept of uncertainty. It then looks at the different sources of uncertainty in a mining project, such as the orebody, costs and product price uncertainties, and their effect on the final project value. Next, a general?review?of current mine evaluation techniques highlighting their limitations when dealing with uncertainty is made. Finally, an extended evaluation and risk management framework that addresses the existing uncertainty in the (greenfield/brownfield) mine evaluation process is proposed. One important characteristic of this framework is that it uses and manages uncertainty in order to generate additional value to the project; this is done through operational and managerial flexibility, which allow mine planners to minimise/maximise project risk/upside-potential giving a more realistic estimate of the projectÆs market value - this is shown in practical and simple examples occurring at different stages of a mine project, such as exploration and operation. Final conclusions are provided at the end.CITATION:Martinez, L and Watson, S, 2012. Uncertainty - An important source of (additional) value for mine projects, in Proceedings Project Evaluation 2012 , pp 131-140 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 24, 2012

By Glasson K. R

The history of Ore Reserve classification and reporting in Australia is largely a history of the Australian mining industry itself. In the late 1800s, when the industry was dominated by small scale, high grade underground mines, Reserves (if estimated) were based on hand sampling and geological inference, and reporting of Reserves was either non-existent or of extremely variable quality. By the mid-20th century, the industry was dominated by large underground base metal and gold mines. Reserve estimation was coming under the control of skilled geologists and mining engineers, however Reserve classification and reporting standards continued to vary in type and quality from mine to mine. Today, large scale, low grade mining operations predominate, and Reserve estimates are generally based on extensive drilling results processed (with geological control) by computer. Through the efforts of a Joint Committee established by The Australasian Institute of Mining and Metallurgy and Australian Mining Industry Council, Reserve and Resource classification and public reporting has been standardised and controlled by adoption of the ""Australasian Code for the Reporting of Identified Mineral Resources and Ore Reserves"" released in 1989. The Code, which will continue to be modified and improved by the Joint Committee, has also been used as a basis for guides to reporting in other countries, and there is now some hope that this difficult and vexing topic may finally become subject to international standards and controls.

Jan 1, 1992

By R Chinamatira

Several technical and economic factors have to be taken into consideration in developing an optimal mining method. This paper describes some of the important factors learnt during the evolution of the sublevel cave mining method at Trojan Nickel Mine, part of the Bindura Nickel Corporation (BNC) in Zimbabwe. Sublevel caving (SLC) has been successfully implemented at Trojan mine since its introduction in 1994. The method has evolved over the past six years into a system that has brought about improvements in efficiencies and productivity. Although the original design parameters used were sound and provided a solid foundation for the system, they needed to be optimised to get the best out of the mining method. Improvements and changes have been made in areas such as the drilling process, charging and blasting techniques, ring pattern design, development size and shape, and the draw control system. This has enabled the mine to develop an SLC operation that is efficient and innovative. Experience gained, together with the theory available has given us a much better understanding of the system. This knowledge will be used in the future to enhance the system further. Given the low grades of the BNC Mines, management recognises that only through technical excellence and efficient mining can the mines reduce mining costs and maintain profitability and competitiveness on the world market. In the Zimbabwe mining industry reaction to technological change, mechanisation and advancement have been relatively slow, due to isolation and economic constraints, compared to the rest of the world. Economic difficulties prevail, with high inflation levels, a poor exchange rate, lack of foreign currency and other associated problems. Despite these constraints, the bold steps taken have transformed Trojan mine into a more efficient and competitive operation, presenting itself as the leading mine in the BNC group. Appendices give data to illustrate the benefits obtained.

Jan 1, 2000

By T Muzondo, C Prins, D De Vaux, R Schouwstra

The Mogalakwena Platinum Mine in the northern limb of the Bushveld Complex is Anglo American PlatinumÆs only open cast operation exploiting the Platreef. The Platreef, which extends along the basal contact of the Bushveld Complex, is geologically and mineralogically a much more complex orebody than the Merensky and UG-2 reefs. Changes in the footwall and the genesis of the Platreef translate into a number of rock types being present. These rock types vary in hardness and recovery potential and present challenges to metallurgical staff trying to optimise the concentrator. A true understanding of the implications of treating these rock types is required if the maximum value from this orebody is to be obtained.In order to more accurately forecast production and incorporate ore variation in the mine plan and comminution and flotation circuits, a geometallurgical approach to managing the operation has been used and is being further developed.CITATION:Schouwstra, R, De Vaux, D, Muzondo, T and Prins, C, 2013. A geometallurgical approach at Anglo American PlatinumÆs Mogalakwena Operation, in Proceedings The Second AusIMM International Geometallurgy Conference (GeoMet) 2013 , pp 85-92 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 29, 2013

By L L. Kuhar

The AMIRA International P843A Geometallurgical Mapping and Mine Modelling (GeMIII) project is an interdisciplinary research collaboration between 17 global mineral companies and four research organisations aimed at providing support for the emerging industry trend of geometallurgy. The main aim of the project is to develop predictive geometallurgical indices which can be incorporated into a resource block model to maximise the commercial value of an orebody and to minimise the social and environmental impact of mining operations.Researchers at the Parker Centre/CSIRO have been focusing on the development of predictive hydrometallurgical indices for the GeMIII project via rapid, small-scale, cost-effective tests and protocols for comparative ranking of attributes relevant to leach performance. The focus of the small-scale leach tests has been to determine the leach index (relative indication of leach performance), recovery, impurity deportment, reagent consumption, effect of size/degree of liberation and mineralogy of samples for their relative ranking. Predictive tests for heap leach hydrology (related to agglomerate characteristics) and slurry rheological behaviour are also being developed.

Sep 5, 2011

Production scheduling of open pit mining is a key area as it deals with the management of operating cash flows of mining companies. The efficiency of long-term schedules is usually assessed with economic criteria such as net present value (NPV), discounted cash flow rate of return (DCFROR) and payback period, which are not sufficient on their own for revealing the complex picture of the decision-making process.This paper offers a thorough analysis of the most important contemporary criteria of long-term production scheduling, as way to provide the mining practice with a new approach to the decision-making process. The list of criteria includes technological, economic and probabilistic ones. A detailed case study is provided aiming to illustrate the applicability of the criteria for comparing the scheduling approaches regarding the economic interests of a mineÆs owner and contractor. The results obtained can be used for revealing new trends in the current methodology of open-pit production scheduling optimisations.

Sep 26, 2011

By J H. Park, M J. Lee

Because the environmental problems are occurred by greenhouse gases such as CO2, the industries have tried to increase electric motor efficiency to reduce CO2 emissions. A core material of electric motor is high-silicon electrical steel. The ferrosilicon (FeSi) alloy, a raw material for the production of electrical steel, affects the electric properties of silicon steel. The main impurities such as Ca, Al and Ti make inclusions or precipitates that causes core loss. The slag treatment has been widely used to remove impurity elements. Thermodynamic principles for the refining of several impurities, specifically Ca and Al, have been investigated, whereas thermodynamic behaviour of Ti has not been fully understood yet. Therefore, in the present study, the titanium distribution ratio () between ferrosilicon and CaO-SiO2-Al2O3 slag system at 1773 K was investigated. The results show that is influenced by both the basicity and stability of titanium ion in the slag. Specifically, exhibits a minimum value at about C/S=0.7 indicating a shift in the titanate structure unit from [TiO5]-square pyramid to [TiO4]-tetrahedron because of lack of Ca2+ ions in a C/S<0.8 region, contributing to an increase in titanate capacity and .

Jun 19, 2024

By D H. Laubscher

The in situ rock mass rating system û IRMR - leading to the mining rock mass rating system - MRMR - for jointed rock masses has been used (and abused) in mining operations around the world for the past 27 years. Despite the recent development of elaborate design procedures and computer-aided design packages, MRMR remains one of the most versatile and practical mine design systems available. It is important to realise that the rock mass classification system should not be replaced but rather complemented by more sophisticated and detailed design procedures. The classification system is not only the æcrudeÆ method used for initial assessment (as described in some geotechnical literature) but also in many respects a very effective and practical engineering tool. MRMR could, and should be used during the entire stage of mine life as an integral part of the design process. The objectives of this paper are to illustrate using practical case histories from the past decade, some of the pitfalls of the MRMR classification system, to clarify certain misconceptions in its application and update its mining application.

Jan 1, 2000

By M Titley, M NoppT

A study on the feasibility of mining the recently discovered Wallaby gold deposit is due for completion by mid-2000. Open pit mining is the favoured method. Determination of the impact of mining bench height on the recovery of ore, including the estimation of dilution and ore loss, is critical to the economics of the operation. Conditional simulation was used to derive a number of gold estimation scenarios within a typical volume of the deposit. These scenarios were interrogated for a selection of mining bench heights and ore block dimensions. The results were reported as a range of grade tonnage relationships and compared to the kriged resource model. This allowed the resource model to be calibrated to a specific mining bench height and ore block size. Once calibrated, more realistic dilution and ore loss values for a number of mining bench heights were calculated from the resource model. These values were then used to determine the economic sensitivity of particular mining methods. The spread of results from the simulations also provided an indication of the confidence in the kriged grade estimates for the different zones of mineralisation within the deposit and highlighted areas of any significant uncertainty.

Jan 1, 2000

By R A. Pax

Operational grinding mills emit significant acoustic emissions which are a consequence of the dynamic environment prevailing inside them. From a technical perspective, the noise presents an opportunity to determine some details of the processes occurring inside the mills. The noise generated is not random and can be attributed to a range of events that occur inside these mills, consequently non-contact acoustic determinations of in-mill behaviour provide powerful insights into the operation of primary comminution tumbling mills. To enable a logically coherent picture to be formed of the processes inside a mill, arrays of microphones have been used. This approach allows a clearer picture of the in-mill behaviour of the charge to be accessed. In contrast to single microphone approaches, usually located near the expected charge toe position, an array of microphones allows much more useful information to be obtained from grinding mill noise.This paper will discuss and present data obtained from microphone arrays positioned at the toe and shoulder locations of a mill, and how this information can then be used for the optimisation of grinding mills in real-time.CITATION:Pax, R A, 2012. Determining mill operational efficiencies using non-contact acoustic emissions from microphone arrays, in Proceedings 11th AusIMM Mill OperatorsÆ Conference, pp 119-126 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 29, 2012

Benchmarking of mining operations has been in vogue for a number of years: it seems teams are forever flying around the world to try to understand what other operations are doing. However, unless a benchmarking exercise involves data gathering at a fundamental level and a rigorous analysis process is applied, the trip will be nothing more than industrial tourism. When benchmarking is performed thoroughly, the range of comparisons that can be made is extensive and informative, and need not be restricted to sites with similar conditions and equipment fleets. This paper describes the detailed and rigorous process for benchmarking used throughout AMC benchmarking studies. The paper demonstrates how, through drilling down to the underlying drivers, the often heard cry of æyou canÆt compare us, weÆre differentÆ can be overcome. Included in the discussion are a number of significant issues that have been identified during AMC benchmarking studies. The paper then considers the types of opportunities that have been identified and the potential for improvement. The paper concludes with a discussion of the implications for planning, measuring and management of operational performance.

Jan 1, 2003

By J A. Shonhardt, I Porter

All types of coal are liable to spontaneous combustion to a variable degree according to the inherent characteristics of the coal and also extrinsic factors. In order to successfully extract coal from highly capital-intensive longwall mining operations it is necessary to evaluate and manage any risks that may be present due to spontaneous combustion. A spontaneous combustion risk management plan for longwall mining is described in this paper. This risk management system comprises identification of conditions promoting spontaneous combustion risk, a laboratory or empirical risk classification system, determination of gas ladder, adoption of adequate ventilation plans and gas monitoring systems that will lead to the development of the spontaneous combustion action plan. The risk management system was applied to a greenfield site in NSW in 1992 when prediction of a high-risk category for the coal seam was made. After commencement of production a spontaneous heating problem emerged as predicted. Description of the case history of spontaneous combustion risk management for a longwall operation in this coal seam is included in this paper.

Jan 1, 2003

Anglo Platinum recognised with its expanded operations the need to change its evaluation strategy due to increased sample volumes and the pressure it created at laboratories. The sender/receiver analytical scenarios had to change in order to curb costs and to prevent substantial investments in new sampling and analytical facilities. Given the high cost associated with correct sampling systems and sampling protocols and the shortage of technical resources a strategy of single point sampling and analysis was introduced. The analysis was then done at an ISO17025 accredited laboratory with ten per cent checks, subjected to careful statistical scrutiny. Logistical problems increased with respect to weighbridge congestion, maintaining sampling quality, throughput of samples in the sample preparation areas, manual quality control systems in place, audit trails and analytical capacity throughout all operations. This required the expedited improvement of existing sampling practices and the development of new sampling methods and equipment. Anglo Platinum is classifying and standardising sampling equipment, sample preparation and analytical procedures for all process streams with the view to minimise overall uncertainties. Major investments were made into a customised LIMS and automated equipment for data management, reduction of manual transcription errors and streamlining of sample processing. Anglo Platinum is committed in rolling out the enhancements to all sites as priority dictates.

Jan 1, 2008

Passive systems for the treatment of acid mine drainage (AMD) are typically more economic in the long term than active systems. Various flow charts for treatment selection have been prepared by scientists in the USA, however, they have typically not included a variable important at New Zealand AMD sites on the West Coast: topography and available land area. Very steep topography, dense and often protected vegetation (and animals such as snails), and a high-rainfall climate result in AMD with very high flow rates in locations with very limited space for remediation. Flow charts specific to New Zealand have been prepared which accommodate topography and available land area. Parameters necessary to use the flow charts are iron and aluminium concentrations, pH, ferrous to ferric iron ratio, dissolved oxygen concentration, topography and available land area. Prior to full scale construction, is it recommended that flow rates be quantified, small-scale trials be conducted, and cost, effectiveness, limitations, and risk of failure be reviewed for various options. One full-scale remediation system has been installed in New Zealand based on this methodology and another is planned. The performance of these systems, as well as future systems to be installed, will be used to validate these treatment system flow charts.

Jan 1, 2007

By H Han, d S. Hapugoda, L Lu

With the recent rapid development of Chinese steel industry, the world iron ore resources of good quality are depleting rapidly. As a result, iron ore deposits of lower quality have been or are being developed to meet the market demand and are becoming increasingly important to iron and steel companies. As concentrates have advantages of high Fe grade and less harmful impurities, they are ideal sweeteners to maintain sinter grade and quality when high proportions of low-grade ores are used in the sinter blends. However, due to their fine nature, addition of concentrates will inevitably increase the proportion of adhering fines and reduced the proportion of nucleus particles of the sinter blends, which can adversely affect the green bed permeability and sintering productivity. In the present study, lab scale sintering tests were carried out under the conditions similar to the sintering process to examine the effect of concentrates on the high temperature sintering characteristics of sinter blends and the structure and strength of the resultant sinter analogues.

Sep 18, 2023

By Roberts JD

The design and installation of a major on-line stores and purchasing system, with built-in maintenance reporting and plant register capabilities, needs more than just close attention to computer design details. When the system must be available almost 24 hours a day to a number of mine stores sites, and is used by a variety of mining staff including engineers and stores clerks, as well as by remote purchasing and office staff, then simplicity of use, availability, fast response times, and other human factors become vital. Critical aspects include easy to use screen design, involving a change from the traditional hierarchical menu system, and fallback and recovery to the last transaction. Business, people and systems objectives need to be established at the preliminary design stage, so that results can be measured and corrective action taken. The amount and type of user involvement and training, at all stages from initial design to systems tuning, has a major effect on people wanting to use the system. Active user participation in systems design, data definition and collection, and use of relevant training material is needed. Project management and design problems can arise in working with database oriented computer staff, and certain design features are found useful in ensuring a responsive, robust overall system.

Jan 1, 1983

By R Grogan

The Ungay-Malabago polymetallic deposit, currently owned by Lafayette Mining, is located on the eastern end of the island of Rapu-Rapu which lies east of the city of Legazpi in the Philippines. The island is sparsely populated and has largely been deforested by extensive logging some 30-40 years ago.The deposit is situated on a plateau some 200 m asl and lies about one kilometre inland from the coast. The site topography is difficult with minimal flat areas for plant facilities. The region around Legazpi is subject to volcanic activity and though the island is not affected it is in a seismic zone. There is no other mining or other industrial activity on the island, the local inhabitants being engaged in subsistence farming and fishing. These activities place a high level of responsibility on the mine operator with regard to the environment and the provision of employment and training to the local inhabitants. Although no previous mining was carried out at Ungay, shallow pit mining for high-grade direct smeltable copper ore has occurred during the mid-1900s in an area, known as Hixbar, some 2 km west of the deposit This area is currently being explored by Lafayette.

Jan 1, 2002