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The appraisal of mineral reserves by a lender is carried out at the initial stages in developing a loan for a mine. The depth of investigations is influenced by the competence of the explorer, the type of commodity and knowledge of the geological environment. The lender looks for a reserve life which exceeds the term of the loan plus contingencies for events such as cost over-runs, adverse markets and production difficulties. The physical features of importance are discussed. Factors with direct financial implications are considered for their incorp- oration in sensitivity analyses to allow risk appraisal. When satisfied, the lender can then proceed to review cash flow forecasts, the basic strength of the project, then determine with the borrower the components and alternat- ives of a loan package.

Jan 1, 1979

By J-P Franzidis, E V. Manl, K Runge

Over recent years a number of techniques have been developed as part of the Australian Minerals Industries Research Association (AMIRA) P9 project to represent mathematically or measure directly subprocesses occurring in flotation cells. These include the determination of a:machine parameter (bubble surface area flux, Sb); froth parameter (froth recovery, Rf); entrainment and drainage parameters; and ore floatability parameter (Pi). A cost-effective methodology was developed for using these techniques to derive models of flotation circuits. This methodology was applied to derive a model of the flotation circuit at the Western Mining Corporation (WMC) Ltd Mt Keith Nickel Concentrator. The model was used to simulate a number of minor circuit flowsheet changes, the results of which are discussed in this paper. One year later, a second study of this plant was conducted. In this second study, data were collected while operating the plant in the flowsheet configurations that were simulated from the model developed from the first study. The results obtained from the second study showed reasonable agreement with the trends predicted from the first study model; discrepancies can be explained in terms of the model assumptions. This suggests that this simple circuit modelling methodology can be useful in assisting plant engineers to optimise flotation circuits.

Jan 1, 2000

Those developing or planning a new mining operation base their financial projections on amounts of gold produced as soon as practically possible. The choice and ongoing operation of mobile plant figures significantly in their projections. The implications of mobile plant selection are not always clear - until its too late.Our 'typical' gold mine would be a mine processing 800,000 tonnes of ore per annum, producing 37,000 ounces of gold with a life of mine of 10 years. Overburden layers are only evident in the first two years of operation.The pit will eventually, after some 5 years of mining, be some 300 metres deep, but confined to a mine radius of 2 kilometres.

Jan 1, 1986

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

Jan 1, 1995

Environmental and amenity factors have introduced a new dimension to the technical problems of the mining industry in finding, extracting and processing the mineral and energy products on which we all depend. Intervention by outside regulatory bodies is restricting the production of minerals and denying the industry access to large areas in which the orebodies of the future may occur. The solution lies to a large extent within the industry itself and appropriate management techniques are necessary to ensure that exploration and mining are seen as an acceptable as well as a necessary land use. Close liaison between operators and the responsible authority is necessary to achieve these objectives and to make the best use of our land resources.

Jan 1, 1979

Based on the idea to copy crystallisation and precipitation phenomena occurring in nature, a new technology was developed allowing the preparation of metastable, mineral forming solutions. If these solutions are brought into soil or rock formations, directed precipitation of slightly soluble minerals takes place. Immobilisation of dissolved heavy metals as well as overlaying of reactive mineral surfaces with insoluble minerals can be achieved. It is possible to prepare solutions leading to the formation of gypsum, BaSO4, CaCO3, Ca(OH)2, Al(OH)3 or Fe(OH)3. The successful large-scale application of BaSO4 forming solutions was demonstrated in the former uranium mine Koenigstein of Wismut GmbH, (Germany).

Jan 1, 2003

Erosion of unprotected batters, spoil banks, slopes, and stockpiled material creates a multitude of environmental problems. Winds blowing across these denuded surfaces can generate dust clouds capable of depositing un- desirable particulate material a considerable distance from the source. Water eroding these areas continually exposes new surfaces which may be oxidized. Iron pyrites can be dissolved in the flowing water, resulting in the addition of pollutants to streams and water sources. Silting of water sources can also occur as a result of this erosion. Valuable topsoil can be blown or washed away. In addition, the after-effects of erosion leave a visual pollution which is more difficult and expensive to correct than to prevent.

Jan 1, 1976

With the continuing move towards digital signal based control and measurement, it is inevitable that such technology will be increasingly employed on remote sites. The benefits of increased metallurgical performance, of reduced energy and manpower requirements far outweigh the problems associated with high technology in remote locations, provided that the installation is well thought out from both technical and manpower viewpoints. The new accessibility of vast quantities of process data will uncover previously unthought of savings and profit opportunities but brings with it the responsibility to carefully design the data presentation methods. The resulting changes in installed hardware will force changes in the maintenance and engineering workforce and will affect even the stores and purchasing department methods.

Jan 1, 1985

The rnunber of Cenozoic volcanoes which has already been found in China surpasses 600. An ancient Chinese tourist, Xu Xiake (1587-1641 in the Ming Dynasty), mentioned in his travel notes the volcanoes and hot 'springs in Tengchong, a country of the Yunnan Province, 400 years ago. In 1927, the geologist, Yun Zhanli, expounded generally on the recent volcano distribution in China. In the '70's, China not only accomplished aerial photography and produced topographic and geological naps covering the whole country, but also obtained a new understanding of the geographic distribution and process of development of the Cenozoic volcanoes through Landsat imagery; interpretation and ground verification, together with C14 isotope dating and analysis of volcanic rocks.

Jan 1, 1987

By Yu-Jun Z

According to site measurement and labora- tory experiment, the authors suggest a new mathematical model of grouted rock bolts. The rock bolt is taken as an elastic bar, and the grout is substituted by a set of springs the rigidity of which is given as K. Based on certain assumptions, a simplified formula is deduced. When the category of rock, depth of tunnel, the spacing of rock bolts and the rigidity of springs K values are given, so that we can calculate the radius of plastic zone, and subsequently the convergence of rock at the tunnel inner surface u, and the resis- tance exerted by the rock bolt p. Finally, the length of rock bolt can be determined.

Jan 1, 1987

The design and construction of a 2.5 million tonne per annum ship unloading system at the PWCS export coal terminal in Newcastle, NSW, has further increased the flexibility and sophistication of Australia's largest coal export facility. The system comprises a new unloading wharf serviced by a self unloading vessel, conveyor stream and multi compartment ground level storage shed. Coal is reclaimed from this shed by the largest portal scraper ever installed under cover. The system also provides additional flexibility by receiving coal from the existing PWCS road receival to improve scheduling. The PWCS can now simultaneously handle 11 coal types and receive from rail, road and sea at almost 15000 tonnes per hour.

Jan 1, 1987

By Swann CA

In order to meet export sales requirements from 1983 onwards, Amcoal developed a new underground mine in the Witbank area of the Transvaal. The mine was required to produce 5 million tons of run of mine coal per annum giving rise to 4 million tons of saleable products. A description of the coal processing plant is given with comments on design philosophy and design parameters. Main features of the coal processing plant are the raw coal handling facilities, centralised control and data capture and the loadout station. The management systems applied during the commissioning period are described. The difficulties experienced and their solutions are discussed. Commissioning was concluded with an independent plant performance test.

Jan 1, 1986

By T GRAHAM-TAYLOR

A trend towards mining more complex and economically marginal orebodies, often combined with increasingly tight product specifications, increases the number of variables which need to be considered in production scheduling. Linear programming incorporating integer constraints can be used to create production schedules which are practical as well as mathematically optimum. Factors which can be taken into account include variability in product stockpiles, targets for head or product grades, production of different material types, production from different areas, production targets for loaders, and dependencies between mining blocks. For each schedule an appropriate objective for optimisation must be chosen. Examples of objectives are: to minimise or maximise grade variation; to minimise waste movement; and to minimise movement by front end loaders. A staged approach to the implementation of computer systems based on linear programming optimisation is Proposed.

Jan 1, 1992

The Jundee gold mining operation is located in the Western Australian Yandal Greenstone belt. Jundee is a mature operation encompassing multiple and complex underground ore resources, dwindling open pit reserves, large surface stockpiles, small satellite resources and two near-mine but stand alone process plants. The imminent completion of continuous open pit mining and the associated drop-off in total mill feed precipitated a review of the strategic mine plan and development of options that would optimise the exploitation of the remaining mineral resources and the utilisation of the existing plant and infrastructure.An initial review of the strategic decisions to be made, available options as well as the quantity, complexity and co-dependency of the strategic variables quickly led to the conclusion that an Operations Research style modelling approach would be appropriate. An 'off-the-shelf' program engine by the name of WHATSBEST! (LINDO Systems Inc.) was chosen on the basis of price, reputation and ease of use. The model was formulated with the unknown variables (being the ore mining rates) expressed as a proportion of the maximum achievable ore mining rate from each source. Costs were defined as variable or fixed, with this definition being a key aspect of the modelling process. The critical application of the model was in determining the optimal extraction rate of ore, the destination (ie Jundee or Nimary mill) and the sequence of extraction of each ore source that maximized the cash flow of the operation. The program was designed to be able to quickly derive an optimal result from the many variables, replacing the previous laborious iterative process of arriving at an acceptable answer by means of several large and static spreadsheet models. This paper presents the process of selection, formulation, application and scope of operation of the turn-key linear and non-linear program strategic model now used as part of the Jundee Operation strategic decision making process.

Jan 1, 2002

By G R Ryan

Dissatisfied with conventional wet processing methods for alluvial deposits, Resource Trend Pty Ltd of Cairns set out to develop a better process. After comprehensive investigation of existing dry techniques the principals have now developed a rotary dry concentrator that can handle the fine-grained fraction of alluvial deposits as well as the coarse. Four of these units have been mounted on an integrated towable treatment plant which has been in successful commercial operation for four years in northern Queensland. A second plant is now under construction for use in the United States. Grades of less than 0.2 g/lcm have been profitably mined at throughputs of about 80 cubic metres per hour and 85 per cent availability. The operation runs round the clock with an establishment of four. Major benefits, apart from lower capital and operating costs, are environmental. Ore is picked up, treated, and replaced in its original mixed condition within 25 m of its initial location. Rehabilitation is completed almost immediately behind the plant as it advances, leaving no slimes dams, coarse stockpiles, or haul roads. In 1993 the company won a Premier's Award for Environmental Excellence in the Queensland Mining Industry. The principal disadvantage is moisture, and the company is now actively seeking deposits in the deserts of the world. In Queensland mining is normally possible only for six months of the year.

Jan 1, 1994

By Johnson N. W, Manlapig E. V, Alexander D. J, Franzidis J. P

The importance of the froth region on flotation performance is often emphasised in the literature. It is well-known that decreasing froth depth or increasing air flowrate results in increasing cell recovery at the cost of lower concentrate gra

Jan 1, 1997

By M W. Chen, I Canbulat, S Saydam, C G. Zhang

The height of fracturing (HoF) measures the propagation distance of continuous fracturing from the mining horizon and is also termed the height of cracking (Hebblewhite, 2020; Khanal et al, 2019) or hydrologically the height of groundwater drainage (Tammetta, 2013). In longwall practice, HoF is an important predictive indicator for assessing the dewatering effect of panel extraction on the shallow aquifer and surface flows. The HoF determination is basically dependent on field measurement works, typically using surface extensometer, borehole televiewer imaging, piezometer monitoring, packer testing, borehole breakout logging, and isotopic tracer monitoring (Brown and Walsh, 2022; Corbett, 2022; Hebblewhite, 2020; Holla and Armstrong, 1986; Mills and O’Grady, 1998; Walsh et al, 2022a, 2022b). These methods or tools have been widely applied to observe rock fracturing and groundwater responses to longwalls at Australian coalmines, for example, Dendrobium Mine (Brown and Walsh, 2022; Walsh et al, 2022b), Appin Mine (Walsh et al, 2022a), and Springvale Mine (Corbett, 2022). In Chinese mines, borehole televiewer imaging and packer testing are more frequently used due to convenient instrumentation, quick testing, and not requiring long-term maintenance of the instrumentation boreholes. The HoF determination also involves further raw data interpretations, for which specialist software for data extraction and quantitative criteria for bounding the fracture transition and termination are necessary. By combining the measured fracture distribution and longwall parameters regarding panel geometry and geological settings, several HoF models have been developed for conceptualising the understanding of strata depressurisation and providing mine engineers fast calculation tools for HoF prediction. The Mackie model considered the height of fracturing as the upper bound of fractured zone and revealed that within the fractured zone there are highly connected fractures and accordingly porosity enhancement and groundwater depressurisation, where the fracture network can be less transmissive from the mining horizon up (Hebblewhite, 2020). The fractured zone shares similar fracturing regime but different heights in varying models: HoF is 30 to 58 times of the mining height (t) based on Australian, Soviet and UK experience (Kendorski, 1993, 2006), and 21 to 33 t according to the field measurements in NSW Central Coast, Australia (Galvin, 2016). Some Australian longwall mines adopt Ditton model (Ditton and Merrick, 2014) (Equations 1.1 and 1.2 in Table 1) sourcing from NSW coalfield experience for HoF prediction, while Liu model (Liu, 1981) (Equations 2.1 to 2.4 in Table 1) developed from 27 coalmines in China is frequently used by Chinese coalmines.

Nov 29, 2022

By J R BISHOP

Geophysical techniques are being increasingly used down exploration drill holes as deeper and more elusive targets are sought. This paper lists the various methods available and discusses the applications using a number of examples.

Jan 1, 1992

By M Grigorescu, J H. Hodgkinson

The expansive, open cut iron-ore mines in Western Australia typically experience few days of rain per annum, often amounting to less than 250 mm. Unlike mines where rainfall is frequent, they may be less prepared for extreme rainfall events. Such events can cause erosion, flooding and sedimentation, drainage alteration, spoil and stock heaps wetting and effect slope stability. Such impacts may threaten personnel safety, infrastructure, and production. The CRATER (‘Climate Related Adaptation from Terrain Evaluation Results’) framework collates and interprets a mine’s pre-existing data and semi-quantitative information to assess vulnerability to, and ultimately plan to avoid or minimise, flood-related hazard to infrastructure, people, downtime, environment and revenue. Outputs assist decision makers to design investment strategies for minimising mining operations’ vulnerability to climate. Previously developed for smaller, wetter mines in Queensland’s coal region, the outputs provide a hot-spot map, fault tree analysis and an assessment of the mine’s capacity to adapt. The multicriteria evaluation (MCE) within a geographic information system (GIS), equally suits iron-ore mines’ siteconditions (elevation, slope, drainage, soil and vegetation) to identify critical inundation areas. Hotspot results provide target zones for in-depth fault-tree analysis that, in turn, present a range of sitespecific adaptation options. Rainfall-intensity and the number of rain days since the 1970s have increased over central and eastern parts of the Pilbara Region. While tropical cyclones may become less frequent, they are projected to increase in intensity. Although some parts of the Hamersley Ranges receive more than 500 mm per annum, rainfall in the Pilbara is generally very low. Therefore, experience of the impacts of extreme rainfall events in the constantly changing topography of Western Australia’s iron ore region may be sparse. Minimising potential effects can be proactively assisted using CRATER.

Nov 8, 2021

The theme of the conference this year is diversification. One way to diversify is through acquisition. The principle underlying the winner's curse is that in competitive bidding situations where the value of the asset bid for is uncertain the winning bid will overstate the true value of the asset. The successful bidder is blessed with the winner's curse. What this paper will explore is to what extent this is true; how acquirers can avoid being blessed with the winners curse; and show how joint venture deal structures are used within the mining industry to avoid the winners curse.

Jan 1, 1996