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By T Alexieva

Since the early 1900s the geotechnical community has investigated every significant failure of a tailings dam, improved our knowledge of the behaviour of the tailings storage facilities, developed analysis methods, compiled lessons learned, and committed to zero failures. The rate of occurrence of tailings dam failures has reduced since the 1980s, however, failures continue to occur and continue to surprise us. At BHP, we have decided to take an approach to the tailings management that is similar to the approach to safety. We are looking at ways to eliminate, substitute, separate or engineer around the hazard (tailings dam failure). As such, our ultimate long term goal would be to eliminate the need for new tailings facilities. Unfortunately, we have not developed yet technologies for extracting many of the common metals and minerals without producing tailings. Our shorter term goal is to substitute the current conventional slurry tailings facilities with less risky dryer facilities. We are working with vendors and research organizations to develop technologies that can be efficiently applied on a large scale. At the same time, we are committed to using the best available engineering to reduce the risks associated with our existing and new conventional tailings facilities. The best engineering can be achieved by people with the appropriate education, experience, attention to detail, discipline and authority. We have implemented a system of governance to make sure, we have the best engineering applied to all our facilities, considering the specific conditions at each site.This paper presents the current tailings governance process at BHP, and the initiatives that were undertook towards achieving a zero failure goal. CITATION:Alexieva, T, 2018. Tailings governance, in Proceedings Mine Waste and Tailings Stewardship Conference 2018, pp 2–7 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 23, 2018

By A R. Penney

Safety management, both personal and that associated with catastrophic hazard, helps to define the success of mining companies. Personal safety management, often categorised by slips, trips and falls, has been widely addressed, with numerous approaches successfully adopted. Catastrophic hazard can lead to a single accident (eg ground collapse, underground fires etc) causing multiple fatalities. Catastrophic hazard management in mining is an emerging discipline, and as such there are various pitfalls to demonstrate its effectiveness and success; it is much more than simply meeting regulatory requirements. Various standards, guidelines, and leading practices are available for reporting key performance indicators. While measuring and reporting safety related key performance indicators (KPIs) such as Total Recordable Injury Frequency Rate (TRIFR), Lost Time Injury Frequency Rate (LTIFR), are important, they often lack detail, and give little insight into the effectiveness of catastrophic hazard management strategies and controls. Catastrophic hazards are low likelihood, high consequence events, and as such demand a different management approach. Companies cannot use the suite of personal safety metrics to help demonstrate management of catastrophic hazards. In-field verifications have revealed that senior management commitment to safety is often clear, well organised, and resourced. However, there are often some inconsistencies between what management promotes and plan, to what the operational teams understand and implement. Communication and clear understanding of expectations were the common themes identified to help empower supervisors to reinforce requirements of catastrophic hazard management. A lack of specific, measurable, and time-sensitive goals and objectives for the short- or medium-term, making it challenging to track progress was another key observation. Development of an integrated, multi-disciplinary auditing process executed by an experienced team of technical subject matter experts, provided an in-depth understanding of the requirements of catastrophic hazard management. Areas such as underground fire prevention, explosive storage, electrical safety, mobile vehicle interactions, ground control, inrush, and shafts and winders management have substantial overlap and intertwined processes, and similar strategies for emergency responses. Auditing of catastrophic hazards and safety management systems compliance is only the first step in safety assurance. Completing operational performance audits in technical areas and benchmarking the site verification of safety management documents and verifications forms a critical part to clearly demonstrate industry leading safety practices. No longer is it the external inspection or regular hazard management plan review requirements that dominate, but rather the culture of continual hazard identification, management, controls verification, underpinned by improvement and follow-up verifications of the corrective actions.

Mar 29, 2023

By Y-B Kang, W-Y Cha, Y-M Cho

Molten slag used in the secondary refining process (RH process) for the production of Ultra-Low C (ULC) steel is typically composed of CaO-Al2O3-MgOsat.-FetO with minor constituents. FetO in the RH slag is the main source of reoxidation of the molten ULC steel in the ladle by 2Al + 3(FetO) = (Al2O3) + 3Fe, thereby serving as the source of the alumina inclusions. On the other hand, FetO also enhances the fluidity of the slag, thereby increasing inclusion absorption capacity. Optimum slag chemistry design is therefore required to produce clear ULC steel. The reoxidation kinetics was investigated in the present study by employing high-temperature experiments and developing the reaction rate model. Initial compositions of slag ((% CaO)0/(% Al2O3)0 and (% FetO)0)) and reaction temperature were varied and change of [% Al] in the molten steel was measured. The rate-controlling step was analysed. It was found that the rate-controlling step in some cases changed during the reoxidation: from a mass transport of Al in the molten steel to a mixed transport including Al2O3 in the molten slag. The experimental data validated the reaction rate model based on the elucidated reaction mechanism and FactSage thermodynamic database. The model suggested that high (% CaO)0/(% Al2O3)0 suppresses the reoxidation only when (% FetO)0 is low (5 or lower in the present study).

Jun 19, 2024

By S van der Sluijs, M van Ende, Y Tang, A Emami

This paper presents a phenomena-based model for investigating the possibility of scrap melting in an Open Slag Bath Furnace (OSBF) for green ironmaking. The goal of this study is to enhance the circularity of the steelmaking process by utilising scrap as a green source of iron in OSBFs. The model takes into account the fundamental differences between OSBFs and traditional processes such as Electric Arc Furnaces (EAFs) and Basic Oxygen Furnaces (BOFs). The model considers three primary regions where scrap heating and melting occur: the solid feed pile, slag and hot metal. It accounts for factors such as the furnace geometry, scrap charging mechanism and specific heat and mass transfer properties of the reactor. The model was validated using literature data and was used to investigate the heating and melting behaviour of individual scrap particles under various process parameters. The study finds that the scrap melting process in OSBFs involves three stages: shell formation, shell remelting and subsequent melting of the parent scrap. The carbon content of the scrap and the liquid hot metal plays a critical role in determining the melting behaviour. Depending on the carbon concentration and temperature, the melting process can be heat transfer controlled or mass transfer controlled. The paper also examines the scrap feeding methods in OSBFs, including direct charging into the slag or charging through a feed pile. The model provides insights into the melting rate of scrap compared to Direct Reduced Iron (DRI) in OSBFs and highlights the role of carbon in this process. Overall, this phenomena-based model contributes to the understanding of scrap melting behaviour in OSBFs and provides valuable insights for optimising the circularity and efficiency of green ironmaking processes. The findings of this study can inform the design and operation of OSBFs, paving the way for increased utilisation of scrap as a sustainable feedstock in the steel industry.

Jun 19, 2024

By M I. Pownceby, N A. S Webster, J R. Manuel, J M. F Clout, E Donskoi, N A. Ware

The relative influences of sinter mineralogy, sintering temperature, solid and pore macro- and microstructure on iron ore sinter physical strength are not yet fully understood. Whilst a range of analysis techniques have been used by researchers to evaluate sinter physical properties and sinter mineralogy, none have been able to directly link sinter mineralogy and physical strength under controlled conditions. CSIRO has developed a unique laboratory method to study the fundamental melting properties of fine iron ores in a laboratory furnace under a controlled temperature and gas atmosphere environment designed to simulate the industrial sintering process. Compacted tablet samples for a 0.41 per cent and a 2.5 per cent Al2O3 series were fired in a tube furnace at various temperatures, cooled, then tumbled using a modified Bond abrasion test apparatus to determine a relative tumble index (TI) at each temperature. Quantitative XRD (QXRD) analysis was then carried out on the tumbled samples and optical image analysis (OIA) was conducted on polished sections of a separately fired compact in each case. The amount of total SFCA was found to decrease with increasing firing temperature for both alumina series with the total amount of SFCA higher in the 2.5 per cent Al2O3 series compared to 0.41 per cent Al2O3 series samples. The increase in the amount of magnetite and hematite with increasing firing temperature was largely at the expense of a decrease in total SFCA. Overall, there was good agreement between the quantitative mineralogy determined from QXRD versus OIA for SFCA, hematite and magnetite. Qualitative analysis of high magnification images of the sinter correlated with both the OIA and QXRD results.

Sep 18, 2023

By N J. Goodman

The HIsmelt technology was developed and proven in Western Australia (WA) after more than 30 years and several billion dollars of research and development. The HIsmelt technology was transferred to China and is now successfully operating at the Molong plant in Shandong Province, China using WA iron ore fines as the major feedstock. Several more plants are under construction in China, and the technology has been approved by the Chinese Government as an environmentally acceptable alternative to the blast furnace. The unique flexibility of the HIsmelt process offers multiple pathways to decarbonise the production of steel in the near future. These pathways include:  Use of sustainably grown biomass converted to Biochar to replace coal as the reductant.  Pre-reduction of iron ore fines using hydrogen or biomass to direct reduced iron (DRI) powder.  Capture of carbon dioxide from the HIsmelt off gas and geo-sequestration underground. These pathways are highly suitable for the Australian iron ore industry as they utilise:  The large areas of land and long growing season available in Australia for the production of large tonnages of sustainably grown biomass.  Coarse iron ore fines directly without the need for fine grinding and pelletising.  Existing oil, gas and other underground gas reservoirs to store carbon dioxide. The HIsmelt technology will allow Australia to transition from ‘Asia’s quarry’ to Asia’s supplier of low cost, low carbon and high quality metallics that are required to produce ‘green’ steel with net zero carbon dioxide emissions. In addition, HIsmelt pig iron can be converted locally into steel via electricarc or basic-oxygen steelmaking furnaces to supply all of Australia’s demand for green steel.

Nov 8, 2021

By Q Fan

The steelmaking desulfurisation plays an important role in coal-based steelmaking route of blast furnace and BOF converter within the flow sheet of BF-deS-BOF. With the advent of H2-based ironmaking and steelmaking process, the transition flow sheet of DRI-Smelter-BOF has been assessed and developed by the steelmaking industry. What is the role of deS in H2-based route of DRI-smelter-BOF? This paper will present the influence of sulfur-containing iron ore on steelmaking desulfurisation and the leading role of EAF-smelter played in H2-based steelmaking route. The sulfur contents of iron ore vary considerably around the world and lower-grade iron ores with high sulfur are likely to be used for H2-based route, a considerable amount of sulfur that comes from DRI will report to the melt of EAF-smelter and the operating conditions of EAF-smelter also impact the sulfur content of the hot melt for steelmaking deS. The EAF-smelter of H2-based route is the focus of the steelmaking industry at moment, unfortunately, an industrial-scale EAF-smelter has been the missing link of the flow sheet of DRI-Smelter-deS-BOF, despite similar EAF-smelters being used for various applications of Fe-Ti and Fe-Ni processes. The latest progress is that several pilot-scale and industrial-scale EAF-smelters with reducing capability are planned for construction within next several years and low-grade Australia iron ores are certainly to be employed as basic feedstocks for H2-based route of DRI-Smelter-deS-BOF.

Sep 18, 2023

By G Hart

As the iron ore/magnetite boom gains momentum, it is particularly important to question established past trends and explore the potential of alternative design options. Traditionally, ‘rule of thumb’ methods have been used to size dewatering equipment. Greater consideration needs to be given to technological advancements and specific throughput testing of each ore body type based on innovative developments.This paper will describe how an innovative approach resulted not only in significant savings in capital cost and site work hours but also delivered a truly optimised design for the thickener duty at Karara. Test work also played a crucial role and a comprehensive test work program on the ore samples showed the scale-up benefi ts of new technology in thickener designs. Working closely with the Karara team during the laboratory testing proved the old sizing theories for iron ore/magnetite processing have been superseded with the knowledge and results of the industry’s newest feedwell technology. Increased solids flux and rise rates in the testing process proved very successful, resulting in signifi cantly reduced thickener sizes and lower capital expense.Mechanical design considerations such as removal of underflow and pump access led to a preference for an above-ground thickener confi guration, and the economics of a completefabrication and installation package favoured steel construction for the thickener units.The ultimate choice of the bolted/fl anged tank methodology provides both economic and timely solutions for the site installation including reduced man power and quick and safe site-work. A benefits comparison between this design and other fabrication and installation procedures will also be analysed in the paper.

Jul 11, 2011

For too long we, as an industry, have borne the brunt of irrational claims, poor science and even worse, journalism with regards to our affect on the environment. To some of us, the overwhelming media attention on greenhouse warming, the polluting outputs of mineral processing or unthinkable depletion of natural resources has left us embarrassed and more unfortunately has turned bright young people away from a career in the minerals industry.This paper shows the hypocrisy associated with an element of the green movement and dispels some general myths on mining disseminated by radical environmentalists.The fallacy of the greenhouse warming effect will be scrutinised by common sense and the mining industryÆs use of land will be discussed and put in proper perspective.Problems associated with safety and emissions and the means to overcome such are discussed briefly.

Jan 1, 2004

Mother Nature controls, technical professionals model and miners decide. Decisions to explore, mine and mill. Mine decisions, mine design, planning and scheduling are subject to the quality of models û geological models, geotechnical models, resource models, density models. The closer these models are to reality, the more accurate the predicted outcome. So why is it we delegate the modelling tasks to the most junior and least experienced people? If we insist on this, we need to support them û to provide them with æexperience acceleratorsÆ. Technical mentoring is the most effective way to provide the right information at the right time. When this information (read skills) is supplied at the right time we can inject experience into the quality of our modelling and into our decision- making processes. The objective of this paper is to share those behaviours and manners that foster relationships and create frameworks for skills and experience transfer. Central to this is an understanding of how adults learn, an understanding of the basic rules of mentoring etiquette, and the three keys to building meaningful mentoring relationships. An understanding of adult learning processes and styles provides a structure within which a mentor can understand the learnerÆs perspective. Understanding the world from the learnerÆs point is critical to selecting the right language to engage, teach and transfer skills. Basic rules of mentoring etiquette like timeliness, respect and trust need to be brought into the consciousness so they can be agreed on and monitored to prevent conflicts in cultural and generational norms between the mentor and the learner.Meaningful relationships hinge on the three behaviours: truly listening, rather than just hearing; understanding the technical issues within the WIIFM (whatÆs in it for me?) question; and facilitative behaviour. Stronger and more meaningful technical mentoring relationships within our industry will bridge the generational gap and ensure we can capture and capitalise on the wealth of grey hair experience and develop an informed group of young decision-makers.

Jan 1, 2006

By B L. Sommerville

"The theme of this International Mining Geology Conference is ‘Setting New Standards’. Rio Tinto’s iron ore operations include a complex integrated supply system to deliver ore from 15 mine operations through four independent terminals over 1700 km of rail line. Significant growth in the past 20 years has seen production grow from 88 Mt in 1997 to 329 Mt for the 2016 calendar year.With more than 50 years of mining in the Pilbara, Rio Tinto has extensive experience in developing standardised approaches to mine geology and the geometallurgical prediction of product quality to meet the increasing growth profile and business planning complexity.Rio Tinto’s standardised approach to mine geology can be developed and utilised on a daily basis to enable the optimisation of the supply chain in terms of tonnages and product quality. This experience demonstrates a fully standardised system can balance the needs of a systematic process across all mine sites and the flexibility for mine geologist to determine and use local properties at each mine; this is done by ensuring two key principals are in place: a single, centrally maintained, system is established and maintained, providing a common set of processes and software across all mine sites the system allows senior mine geologists to review and customise key attributes and product regressions, ensuring site specific data is used in product predictions.The benefits of formal work process and standardisation include health, safety and environment, people and skill development, cost and improved communication. Also product predictions from mine geologists are one of the key inputs into an integrated and dynamic mine to ship scheduling system, optimising the supply chain whilst still managing the product quality. The experience of Rio Tinto is that a standardised approach to mine geology is an enabler of value for the iron ore operations.CITATION:Sommerville, B L, 2017. Mine geology standardisation – providing the foundation to consistent short-term geometallurgical product predictions in a complex multimine and supply chain environment, in Proceedings Tenth International Mining Geology Conference 2017, pp 13–20 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Sep 20, 2017

By H Kurth

"The focus of this paper is on measuring the composition to improve mill feed quality to minimise the processing of waste, optimise process performance, reduce processing costs and minimise the generation of tailings.Technologies used since the 1990s in the cement and coal industries for measuring conveyed materials have been operationally proven and effectively derisked. Despite this the acceptance by the minerals industry has been very slow except in iron ore. Real-time penetrative full stream measurement using prompt gamma neutron activation analysis (PGNAA) for multielemental analysis and microwave transmission for real-time moisture analysis provide representative, tonnage weighted dry weight per cent results on a minute by minute basis. Analysis is unaffected by particle size, dust, layering/segregation, mineralogy and belt speed. The technologies are explained and performance examples given. The benefits derived from real-time compositional analysis are predicated upon a good understanding of deposit geology, mineralogical associations, waste to ore interfaces, amenability to mining, metallurgical processes and downstream customer requirements. Processing may include basic preparation in the case of direct shipping ores, minor beneficiation using simple upgrading methods, or concentration using more complex processing systems such as flotation, leaching or many others. The value of real-time data from primary crushed conveyed flows, using analysis of increments smaller than a single haul truck’s load, is very beneficial in process plants aiming to reduce waste processing, increasing feed grades and increasing metal recoveries. Grade variability can be utilised to divert conveyed increments of waste, direct shipping ore (DSO) quality material bypassing beneficiation, and subeconomic material amenable to upgrading diverted for further preconcentration by particle separation (sorting, heavy medium etc). Paybacks of a few months have been commonly achieved where the real-time technologies have been applied in the minerals sector. The paper outlines proven applications and case studies and proposes some innovative applications.Citation:Kurth, H, 2016. Measuring and Utilising Ore Quality Variability Using Real-time On-belt Elemental Analysis to Improve Mill Feed Quality, in Proceedings 13th AusIMM Mill Operators’ Conference 2016, pp 239–244 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Oct 10, 2016

EIA is a test of a development proposalÆs legitimacy and asks two questions: not only æis the proposal competent?Æ but also ædoes the proposal have moral authority?Æ For reasons of miningÆs historic importance and of a scientific and technological industry culture, traditional EIA has focussed on the first on these, an increasingly misplaced priority in a changing world.This paper explains why competence alone is not enough and examines the second of the two questions: what is meant by a projectÆs moral authority, why does it matter, why has it taken so long to become an issue and what, in practical terms, can project proponents do about it.

Jan 1, 2004

By D Chalmers, C C. Harb

The detection and control of gas levels in mining is a continuing challenge for the industry. Standard detectors have many problems that could be overcome with laser based spectroscopic instruments, but to date these systems have not been suitable for mining conditions. This paper reports the development of a new digital data extraction scheme to modernise traditional cavity ring down spectroscopy (CRDS). CRDS is a direct cavity enhanced laser based absorption technique, which is used to allow the identification of an unknown substance by their molecular fingerprint; this unknown substance is identified by analysing the ring downtime of the light exiting the optical cavity. Traditional CRDS has many issues when analysing substances in hostile environments, or when multiple species may be present. This presents an alternative approach, called real-time CRDS (rtCRDS) that has the potential to overcome many of these issues and produces systems that could be used in the mining industry. The system utilises newly developed widely tuning quantum cascade lasers combined with improved optical cavities and novel digital data extraction to produce spectra over a 1500 nm range in a few seconds. The ring downtime measurements produced are accurate and have high sensitivity and maximum signal to noise ratio. This paper discusses the technique, illustrating the advantages compared to traditional systems and show real-time spectra for a set of molecules of interest to the mining industry. This paper also provided an analogy between this approach and that used in digital communications systems, and shows that this scheme is ideally suited to provide a network of sensors in hostile environments.CITATION:Harb, C C and Chalmers, D, 2015. Real-time methane detection – modern digital laser spectroscopy for hostile environments, in Proceedings The Australian Mine Ventilation Conference, pp 161–166 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 31, 2015

In May 2000, Kanowna Belle Gold Mines (KBGM) carried out a detailed Truck versus Shaft Haulage Study. The study showed that whilst the shaft option had many operating cost benefits the capital costs were too high, therefore the truck option was selected. In May 2001, the concept of achieving æshaft typeÆ benefits without the capital costs was floated. This is achieved by separating the hoisting of ore from other mining activities. The general concept is that material from underground is transported to a central location and then transported to the surface by a special truck fleet, thus removing the dependency between trucks and loaders, providing the mine with surge capacity and decreasing operating costs. At KBGM these advantages have been gained by installing an ore pass system with a plate feeder at its base that directly loads trucks. This provides the mine with a haulage system with enough surge capacity to remove the interdependency between trucks and loaders. The plate feeder is situated just off the decline which creates the opportunity to use larger more reliable, lower cost trucks. A number of truck types were considered for the truck loop including Elphinstone AD55Æs which are the truck type being used on site prior to the truck loop, CAT 775EÆs and power trailer road trains. This paper covers the philosophy behind the truck loop, the truck selection process, project installation and commissioning, people issues and the benefits expected by the operation. As of May 2002, the project is nearing completion, with decline haulage expected to commence in July 2002.

Jan 1, 2002

By R C. Morris

Two major types of economic secondary iron ores occur in the banded iron formation (BIF)-rich Hamersley Province of the Pilbara, Western Australia:dominant BIF-hosted bedded iron deposits (BID)detrital ore deposits (DID sensu lato), which are mainly hosted in the three province-wide Cenozoic sequences that include coeval non-ore sediments and comprise:a. the major Miocene, fluvial channel iron deposits (CID)b. the lesser Eocene and Pliocene detrital iron deposits (DID sensu stricto).Striking differences exist between the massive CID resources and the much smaller underlying and overlying DID. CID are essentially riverine alluvial ooidal rocks with abundant small fossil wood fragments and variable iron peloids, but with only extremely rare recognisable lithic remnants. The original matrix is typically ramifying layered goethite. Eocene DID are mainly alluvial with minor pisoids, whereas Pliocene–Quaternary DID are dominantly coarse colluvial gravels, both derived from and largely retaining the original textures of BID, hard cap or variably ferruginised surface BIF. The colluvial DID matrix is typically ferroan-aluminous soil, resulting in canga where replaced by goethite, which may be dehydrated to hematite by exposure. The Cenozoic deposits occur in two dominant geomorphological environments: the southern Marra Mamba to Brockman Iron Formation strike valleys containing all three Cenozoic sequences and the much later northern Brockman Iron Formation plateau valleys that include only the Miocene and Pliocene sequences. The Cenozoic detritals formed in different climatic regimes, with an extended dry period forming a prominent province-wide dehydrated carapace on the Eocene DID. The Miocene ‘optimum’ followed with its thick scrub-covered deep regolith that produced the fossil wood-rich CID and was succeeded by the arid cool period of the Oakover limestone/calcrete. A major renewal of exposure and erosion in the Pliocene resulted in the extensive iron gravels of the Pliocene–Quaternary.CITATION:Morris, R C, 2015. The Cenozoic detrital iron deposits of the Hamersley Province of Western Australia – a tribute to Mal Kneeshaw, in Proceedings Iron Ore 2015, pp 319–326 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By J Rowland

"Ventilation models are invaluable tools for both prediction of routine daily ventilation changesin an operating mine to circuit performance expectations at the mine in 20 yearsÆ time. Arguably ventilation offi cers are becoming increasingly reliant on maintaining an accurate ventilation model with which to do their work. This paper relates to the practical assessment of the accuracy and thus ability of a mine site ventilation model to be reliably utilised on such varied tasks. The author's experience shows that in some cases the incumbent model is found to be in a state of tune that demonstrates a mine wide detailed assessment of branch resistances is simply not required. The money spent on a detailed mine wide ventilation survey that is not required would be far bett er served purchasing much needed monitoring equipment, rather than fixing something that is possibly not even broken. The term ænot rocket scienceÆ has been incorporated into the title of this paper because it appears that many practitioners believe that circuit validation is diffi cult. As long as clear att ention to detail is paid to the actual data collection process then drawing an accuracy comparison between the circuit performance and the model performance at any particular point in time, is really very simple. This paper will show a manner in which a circuit can be analysed to determine its actual state of health by using various diagnostic tools and tips. It will help ensure that subsequent work scopes to address any highlighted model defi ciencies can be more effi ciently scoped and targeted. It will hopefully remind operational people that such self assessments can easily be done æin houseÆ if the appropriate steps are followed."

Jun 1, 2012

By P F. Hodkiewicz

"Our understanding of mineral resources relies on three basic steps: data capture data interpretation model construction. Until recently, all three of these steps required significant time and manual effort to produce a single resource model for mine planning, typically taking more than a year to progress from drilling to the final block model. Over the past several years, BHP Billiton has been developing innovative workflows in rapid resource modelling projects to significantly reduce these time constraints and make the process more productive by replacing manual activities with automated ones. Rapid resource modelling is the process of combining recently developed off-the-shelf technology with internal technology developments to fundamentally change the way we collect, interpret, model and evaluate geoscience data. Initiatives include automated systems and standardised workflows to make it safer, faster and cheaper to continuously update multidiscipline resource models. Specifically, rapid resource modelling workflows combine: real-time analysis of drill holes and drill samples with downhole tools and hyperspectral scanning systemsautomated interpretation of drill hole intervals based on pattern-recognition algorithmscontinuous modelling workflows using implicit modelling software. This paper outlines technology developments and workflows that provide a more thorough understanding of mineral resources to support faster and more informed strategic, planning and production decisions.CITATION:Hodkiewicz, P F, 2014. Rapid resource modelling – a vision for faster and better mining decisions, in Proceedings Ninth International Mining Geology Conference 2014 , pp 183–188 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Aug 18, 2014

By L I. Rozman

"There have always been development projects that fall short of expectations. In the last decade, we have seen more than the usual number of mining and oil/gas development projects taking significantly longer to develop and costing materially more than expected. The recent resource-equity market slump proves that investors are now far more cautious about investing new capital in the mineral and petroleum resources sector.What have we learned since 2005? Why have projects missed their targets? Why do investors often feel misled?Valuation of a project and the estimation of value is a more complex process than the evaluation of the merits of project development. The merit of project development can be clear from a prefeasibility evaluation, but this is no reason to skip the rigour of a feasibility study. The valuation of any project that is developed with any added risk should be discounted for this added risk.The development of a project impacts on other stakeholders, and the indirect cost of these impacts can have material implications for the cost structure, time and ultimate valuation of the project for its financial backers. The development of new projects (and thereby supply) can also have an impact on commodity prices, and therefore an impact on returns for financial backers.This paper will provide commentary on the author’s experiences and observations as a project developer and operator for 25 years, before becoming a project financier a decade ago.CITATION:Rozman, L I, 2016. Project evaluation and valuation – an investor’s golden rule, in Proceedings Project Evaluation 2016, pp 31–36 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 8, 2016

The importance of the accurate determination and interpretation of the bulk density and porosity of a given iron ore deposit is very often disregarded or neglected. Large amounts of time and money are spent on delineating and testing orebodies, and yet one of the most important factors in resource evaluation is sometimes estimated or, at best, determined from existing data from similar deposits. The Thabazimbi and Sishen South iron ore deposits are two well-known economical occurrences of high-grade iron ore in South Africa. Both these deposits formed as secondary enrichment of banded iron formation lithologies. Ongoing density studies on both these deposits are underway and results thus far proved very effective and necessary. Small-scale methods are used to determine average values for different ore types on both deposits. These values are used in resource estimation and geophysical interpretation.

Jan 1, 2007