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By S La Brooy, C Fountain

Throughout its history the mining industry has focused on the highest-grade deposits sited in the most convenient locations. The burgeoning global population and higher standards of living not only increase the demand for mineral products but also make it harder to mine and process them. The future will include the development of lower-grade, more complex orebodies, and orebodies in difficult locations. The industry will be expected to provide for humanityÆs needs while reducing its environmental footprint and maintaining profitability. This paper reviews some of the likely adaptations in mineral processing that will occur over the next 20 years. The challenges inherent in adapting to lower grade and more complex materials might be exacerbated by such factors as the availability of water and low-cost energy. In underground mining, higher energy costs are likely to foster further developments in underground preconcentration, especially for ores that can be upgraded at relatively coarse sizes. The adoption of underground crushing could also render material amenable to semi-dry preconcentration options such as might be achieved by the rotary classifier developed by CSIRO and being commercialised by RCR Tomlinson, or more modern versions of the hand-sorting of ore that use sensors based on colour or other suitable rock properties. The cement industry and some gold roasters have used the alternative of dry grinding and classification, which might also have a part to play in dry processing. There is also likely to be increased interest in options such as in situ leaching that further minimise the surface disturbance. Underground operations will have to balance the energy savings from reducing the amount of material brought to the surface and reduced surface disturbance against the practical limitations of installing and maintaining processing equipment underground. On the other hand, surface disturbance and energy issues in open cut operations will be balanced by potentially lower mining costs and higher overall recovery from the deposit.

Jan 1, 2008

By D C. S M, J Skudder, R F. Sandenbergh

Metallic sulfide minerals present in most gold ores, Morila gold ore included, often decompose under typical gold leaching conditions. The reactions and their products consume oxygen and sodium cyanide, consequently competing for oxygen and cyanide used in gold dissolution. The resultant effect is to reduce both the kinetics of gold dissolution and overall extraction efficiencies. The present paper discusses results obtained from plant data analysis and laboratory work investigating the problem of higher than expected consumption of sodium cyanide at Morila Mine Gold Plant. Cyanide consumption at the Morila Mine Gold Plant had been consistently running at 46 per cent higher than the expected value without any corresponding increase in gold recovery. In fact, plant data analysis showed an inverse relationship between cyanide consumption and grind, as well as cyanide consumption and gold recovery. Experimental and plant data analysis indicated that better control of the [CN-]/[O2] ratio is necessary for the efficient use of reagents and achievement of higher gold recoveries. Careful control of this ratio at a minimum of eight enabled the reduction of sodium cyanide consumption by 200 g/t, that is, from 650 g/t to 450 g/t. Coupling these experimental conditions with the addition of lead nitrate at 100 g/t improved the overall gold recovery to 93 per cent compared to the average plant recovery of 90.2 per cent over a six-month period. This improvement was also reflected in the leaching kinetics where 70 per cent gold extraction was achieved after four hours, as compared to 59 per cent in the absence of lead nitrate addition. Also of great importance is the fact that the combination of hydrogen peroxide and oxygen gave inferior performance relative to either of the two reagents used separately. This scenario presents an opportunity for excluding hydrogen peroxide, an expensive reagent, and focusing on improving the oxygen addition system to boost dissolved oxygen concentration in the plant.

Jan 1, 2007

By K Gottliebsen

Many hydrometallurgical and chemical processes produce large amounts of acid waste. This is illustrated by the copper S/X-E/W process used at the Mount Gordon mine in North Queensland, which produces a tank house bleed in the form of a concentrated sulphuric acid stream. The bleed stream is necessary to remove impurities such as iron that decrease the efficiency of the electrowinning process. However, this bleed stream comes at a high financial cost due to large quantities of make up sulphuric acid required as well as the need to neutralise the bleed stream prior to disposal. The present work describes the approach taken to develop a solvent extraction process for the selective recovery of sulphuric acid from copper tank house bleed liquor. The proposed extraction system was investigated using a branched long chain aliphatic tertiary amine tris(2-ethylhexyl)amine (TEHA) as the extractant, Shellsol 2046 as the diluent and octanol as a modifier. Computer simulations were used to determine the optimum operating conditions for the recovery process. It was found that the process was able to selectively recover up to 90 per cent of the sulphuric acid from the copper electrolyte. This is recovered as a pure aqueous acid stream at a concentration of up to 130 g/L that can be recycled back into the tank house circuit or other areas of the process. The raffinate acid concentration was reduced from 180 g/L to as low as 18 g/L, significantly reducing waste disposal and the environmental impact of the copper process. The equilibrium data and simulation results were also compared with an alternative extractant, CYANEXR 923. Finally the efficiency of the TEHA extraction system was investigated on a pilot-scale in a pulsed perforated plate column. This information was used in order to scale the process for an industrial application. The same methodology applied in this case study could be used to provide innovative and cost-effective solutions to waste streams encountered in other hydrometallurgical or chemical processes.

Jan 1, 2000

In the early ages man contented himself with the use of such tools and appliances as would assist him in the enlightenment of his labours. With the advancement of science, numerous motives, with modifications and adaptations, have been introduced to enlighten labours, and in many cases have taken the place of man, but it can hardly be said that this applies to shovels, although one of the oldest implements of labour; certainly, with the introduction of the steam shovel the labours of man have been considerably reduced, but the hand shovel of today is used similarly to that of years ago.If the principle of the hand shovel has not been improved upon, it must not be suggested that the manufacturers of this article are not endeavouring to improve its quality, and the main point with which the manufacturers have to contend is the production of an article which will give a maximum of durability combined with a minimum of lightness. In order to accomplish this they must select suitable material, and subject it to such heat treatment process that will produce a shovel having a maximum of hardness and toughness without being unduly brittle, and which will withstand the excessive wear to which it is subjected.In this article an endeavour will be made to explain (a) the manufacture of shovels; (b) the defects commonly met with-the cause of same and measures which are necessary to remedy them.Before doing so a brief description will be given of the class of steel used for shovels; this is an important factor, and a steel which is admirably suitable is a plain carbon one containing approximately 55 - 70% C., and closely resembles that used for the manufacture of railway rails. This plain carbon steel is very extensively used, although at present alloy steels are being utilised to a certain extent for shovel manufacture, and with suitable heat-treatment.

Jan 1, 1926

Chile, which hosts around 30 per cent of the worldÆs copper resources, is now the largest producer and exporter of copper. Chilean copper output accounts for more than one-quarter of total worldwide production. An increase to around 40 per cent is forecast by the end of the century. In addition, Chile ranks eighth in silver production and 11th in gold output. In Chile, mining generates more than eight per cent of the countryÆs GDP and the total value of mineral exports is more than US $7.85 billion corresponding to more than 25 per cent of South AmericaÆs mineral production. The rate of growth of Chilean mineral production is indeed impressive. Table 1 shows that in the period 1969 - 1998, copper annual production increased 564 per cent from 667 000 t to 3 764 000 t. Gold production went up 27 times from 1827 to 49 770 kg. Silver output grew 1219 per cent from 95 650 kg produced in 1969 to 1 166 380 kg in 1998. Several facts explain this dramatic increase of production, but the most important was the success of exploration sustained over the same period. This resulted in the discovery of several world-class deposits which when developed into mines, account for much of the production increases. Therefore, this summary review shows the success of basic exploration carried out during the last 30 years in the Chilean territory. The review is based on data already published in different specialised mining books or magazines. It only includes those world-class discoveries not the lesser discoveries important at local scale. All figures were calculated using 1998 $US dollar and average estimated metal prices valid for 1999: copper $US 1653 per t ($US 0.75 per pound), gold $US 9452 per kg ($US 294 per ounce) and silver $US 177 per kg ($US 5.5 per ounce).

Jan 1, 1999

By T Mizuta, H Satoh, M Ogasawara, M Miyata, M Fukuyama

The Miocene Chichibu granitoids associated with the Chichibu skarn deposit are divided into North Body, South Body and Daikoku altered stock. Orebodies of the Chichibu skarn deposit are mainly distributed in the north-western part of the North Body and Daikoku altered stock. The North Body consists of magnetite-series granitoids ranging from tonalite to granodiorite and to monzogranite from the margins to the centre of the intrusion. The South Body consists of tonalite and granodiorite, and most of these rocks are also classified as magnetite-series granitoids. The Daikoku altered stock consists of a quartz diorite porphyry. The SiO2 contents of the granitic rocks of the North Body and South Body range from 61.6 to 70.7 wt per cent. During magmatic differentiation, Cu, As and Zn contents in fresh granitic rocks of the North Body and South Body increase with SiO2 content up to 63 wt per cent SiO2, and then progressively decrease with increasing SiO2 contents as SiO2 exceeds 65 wt per cent. Estimated pressure for the emplacement of the granitoids is about 0.5 kbars. Cathodoluminescence studies on quartz from those granitic rocks show that vapour rich two-phase fluid inclusions tend to occur in the core of quartz crystals, while halite-bearing poly-phase fluid inclusions occur in the margins of quartz crystals. The distribution of fluid inclusions suggests that fluid composition changed from low to high salinities during the growth of magmatic quartz crystals. Texture showing quartz crystals with an oval shape enclosed by radial aggregates of a mixture of fine-grained quartz, plagioclase and K-feldspar composing the groundmass of the monzogranite also suggests a pressure decrease during solidification of North Body. These findings show that high salinity fluids were present during magmatic differentiation and that Fe-Cu-Pb-Zn-Au-Ag skarn mineralisation of the Chichibu deposit was possibly associated with these high salinity fluids. An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation.

Jan 1, 2008

By N Boughen, P Ashworth, S Johns, C J. Yeats, A Littleboy

The ocean floor, often called the last frontier, is increasingly discussed in terms of its resource potential û from near shore building aggregate and placer deposits to massive sulfide orebodies in the deeper ocean. Consequently there is an increasing incentive to mine the seafloor. But, do we have the social license to explore and mine the seafloor? Does this nascent industry have support amongst the wider community? If not, why not? And what should be done? To answer some of these questions, the Wealth from Oceans National Research Flagship has explored the social viability of an expanded seafloor exploration and mining (SEM) industry inAustralia. The results show that there are significant geological and environmental data gaps and that, in the absence of sufficient information, stakeholder reaction to the prospect of an SEM industry expansion may be reactionary and negative. This uncertainty means that the perception of risk from the industry is variable and often dependent on individual values. The acceptability of an expansion to the SEM industry is currently precarious, in particular due to the high levels of uncertainty regarding the environmental impacts of seafloor activity. While there are existing federal regulatory frameworks and government processes for the licensing of seafloor mineral exploration and extraction, there is little precedent in the application and implementation of these regulations. The future viability of the industry will be highly dependant on AustraliaÆs ability to improve the knowledge-base underpinning its regulatory regime and also to generate open and transparent communication channels between stakeholders. It will also be dependent on the SEM industryÆs ability to communicate an acceptable value proposition to society. This proposition will need to include the relative impacts of terrestrial and marine mining, the alternative potential uses of the ocean and the multi-use conflict that SEM might engender. An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation.

Jan 1, 2008

By P M. Downes

Porphyry-related skarns are common around thePacific Rim. Examples include Cadia and Goonumbla (Australia) Ok Tedi (PNG) and Ertsberg and Grasberg (Indonesia). Although usually treated as separate to the adjacent porphyry copper-gold (Cu-Au) deposit, skarns near porphyry deposits are commonly inextricably part of the larger Cu-Au system(s). Using Cadia as the primary example, we demonstrate that large, zoned, calc-silicate skarns necessitate very large porphyry systems. The Big Cadia and Little Cadia Fe-Cu-Au skarns are associated with the Late Ordovician to Early Silurian high-K calc-alkaline to shoshonitic Cadia Intrusive Complex (CIC). Together, these skarns total ~40 Mt of Cu-Au ore but are much smaller than the adjacent Cadia EastûFar East, Cadia Hill, and Ridgeway porphyry-related Cu-Au deposits. Historically these skarns were large, economically significant and highly controversial deposits. Porphyry-related skarns typically have well-developed calc-silicate and ore zonation. At Cadia, classic skarn zonation has been mapped between Cadia Quarry (proximal) and Big Cadia (distal). Over this 800 minterval, mineralogy trends from: proximal garnet > pyroxene, grading to; fe-oxide-rich skarn; and distal haematite-epidote-rich skarn. At Little Cadia, analogous but symmetrical alteration zonation is present. Big Cadia formed from fluids that migrated laterally within calcareous units and were sourced from strongly altered quartz monzonite phases of the CIC at Cadia Quarry. Isotope studies and mass-balance calculations suggest that prograde and retrograde skarn alteration was caused by magmatic dominated fluids. They also indicate that the mapped alteration system at Cadia Quarry is insufficient to account for the total volume of Fe present at Big Cadia. Despite the typically oxidised nature of many porphyry systems, not all skarns in the porphyry environment are oxidised. Assimilation of carbonaceous sediment by hydrous, alkaline intrusions could lead to reduced Au skarns rather than porphyry deposits. An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation.

Jan 1, 2008

By Sneddon J

This Is not a highly technical paper, but rather an attempt to give a general outline of coal mining for the benefit of those present who may have little or no experience in the industry, and is intended to give some general knowledge which may help to a better understanding of the problems of the industry. A knowledge of the disposition of workable material is necessary to give a comparison with other mining practices. Coal Is usually found in comparatively fiat seams of varying thickness, whereas other minerals are generally found in highly inclined lodes of variable width. However, even in comparatively flat seams unaffected by faulting, grades can, and do, vary greatly over short distances.This variation causes many local problems in working the small area affected. Even very steep seams, and some are much steeper than 1 in 1, vary considerably not only in grade, but also in direction of grade and level course. This is probably caused by folding during alteration of the shape and form of the basins after deposition.These swellies are common to most coal seams and vary only in extent. This type of variation in grade and direction of grade, while common to most ore bodies, is a matter of great importance in coal mining when it is considered that roadways are driven in the seam itself and have to be graded and made suitable for haulage purposes.The area of ground involved in an individual coal mining operation is often very large; many times larger than most metal mining propositions, and often comprises many thousands of acres.When it is considered that the specific gravity of coal may be only one-fifth of that of some ores mined, and the coal seam may be five or six feet in thickness, the vastness of the area necessary for continuous mining operations over many years will be realised.To achieve comparable outputs, with about five times the bulk of material to handle, much more ground and working places must...

Jan 1, 1947

By S Wotherspoon

At Kalgoorlie Consolidated Gold MineÆs (KCGMÆs) Fimiston Operations, located on the periphery of Kalgoorlie Boulder in Western Australia, roughly 7.5 million tonnes of rock are broken each month for the extraction of gold. With the close proximity of neighbours to the mining operations in the Chaffers Cut Back, special blasting techniques and tools were employed by KCGM to manage the blast induced vibrations and noise in this area. The i-konTM initiation system coupled with OricaÆs complementary modelling and analysis tools offered the complete blast management package. With these tools KCGM management and Orica Mining Services commenced an investigation into the benefits of electronic initiation. Prior to the commencement of electronic blasting, initial modelling was conducted to examine the vibration time waveforms and their frequency content, as these were expected to have an impact on vibration interaction with structures such as large buildings and urban dwellings. This work looked at results measured for a previous conventionally (pyrotechnic) initiated blast in the area and compared it to the results obtained when the blast was modelled with electronic initiation and faster timings. The predicted peak particle velocity (PPV) and structural vibration factor (SVF) were calculated. From the results it was concluded that the investigation into using i-konTM electronic initiation system and SHOTPlus«-i blast design software had some real potential to improve blast vibration management on the cut back. The use of the electronic initiation system and complementary software allows intricate timing designs to be accurately placed into blasts. The system has a number of working modes that allow either the precise design timings to be logged automatically into each detonator or to be manually logged where a variation from the design exists. Where such variations from the design occur, the electronic system permits the actual timings used to be uploaded back into the design file. This allows both design and real actual timings to be stored for future analysis or reference.

Jan 1, 2004

By Vynne J. F

Drill monitors for rotary blasthole drills have been available to the mining industry since the 1970s. The early monitors were pen strip chart recorders that were developed for the oil drilling industry and adapted to mining. They recorded drilling parameters such as depth, pull-down pressure, torque, RPM, and hailing air pressure. While these recorders could generate a large volume of paper, the amount of useful data was minimal. The data was not summarised and required an engineer to interpret the chart traces. Being a mechanical recorder, the devices were also susceptible to frequent failures. Modem electronics, and the development of the personal computer and its associated software have radically changed the type of instrumentation that is now available for blasthole drills. Perhaps more important is what can be done with the data. The PC allows the logged data to be analysed, summarised, and a variety of reports to be generated. The reports can be customised to meet the specific requirements of the mine and reduce the amount of time that is required to interpret the data. There is also an increased awareness in the mining industry of the importance of production drills. Blasthole drills have typically been the piece of production equipment that received the least amount of attention in a surface mine. Management focussed on the trucks and shovels or draglines. This situation is changing, and therefore the benefits that can be derived from monitoring drill performance are being recognised. Potential economic benefits of installing drill monitors have been documented in previous papers (Peck and Vynne, 1992). Mines are finding that pay-back periods of less than twelve months and rates of return in excess of 30 per cent are not uncommon. These benefits include the following: 1. Reduced overdrilling; 2. Increased rate of penetration; 3. Helping to locate coal seams; 4. Identification of weak and strong zones; 5. Reduce geophysical logging; 6. Optimising blasts; 7. Improved fragmentation and diggability; 8. Decreased coal dilution; 9. Increased bit life; 10. Reduced maintenance costs; 1 I . Improved accuracy of data and reports.

Jan 1, 1995

Nickel ores from three different mines, Digger Rocks, Cosmic Boy and Flying Fox, are treated at the Forrestania concentration plant. The ore types vary from oxidised supergene ores to primary pyrrhotite+pentlandite ores. Mineralogical investigations on the ore and process samples have been carried out in different stages of process development. One of the studies was done with the samples collected from the flotation circuit in 19 June 1994 when the Cosmic Boy ore was processed. The process products were screened, and the size fractions were analysed for the main elements by appropriate analytical methods. Mineralogy of the products was studied microscopically and composition of the sulphides was analysed with an electron microprobe. Liberation of the main sulphides in the flotation feed was determined with the point-counting method, and weight percentages of the minerals were calculated using chemical and mineralogical data. The typical sulphide assemblage of the Cosmic Boy ore is violarite, pentlandite, pyrite, pyrrhotite and chalcopyrite. Violarite dominates over pentlandite (ratio being 70 per cent to 30 per cent), and pyrrhotite is strongly replaced with pyrite and magnetite. One of the most common mineralogical features of this ore type is secondary magnetite, which occurs as narrow rims in porous violarite or in association with secondary pyrite. Serpentine, talc and chlorite are the main gangue minerals. In the milled feed (76 per cent -74 ¦m) locked particles between nickel and iron sulphides are common. About 41 per cent of total pentlandite occurs as pure liberated particles, and 33 per cent as locked grains with violarite. Liberation degree of violarite is 55 per cent, and the most common type of locked particles is violarite+magnetite, carrying about 20 per cent of total violarite. To achieve a recovery of 80 per cent for pentlandite, all the particles containing at least 50 vol-% pentlandite should be floated into the nickel concentrate. Correspondingly recovery of 80 per cent can be reached for violarite if all the particles containing at least 65 vol-% violarite are floated.

Jan 1, 1996

By P Collins, C Sheriff

The Sand Queen gold mine is a typical Archaean narrow, high-grade gold quartz lode deposit within a shear hosted system. Initial mining during 1904 - 1948 produced 181 659 ounces of gold from 248 564 tonnes of ore milled at an average production grade of 22.7 g/t Au, which equates to a minimum of 750 ounces per vertical metre. The current mining operation is using the old Sand Queen main shaft to access the Sand George deposit, which is a narrow quartz lode system discovered in the same shear structure along strike to the south of the Sand Queen mine workings. Current underground resources contain 360 200 tonnes at a grade of 11.8 g/t Au for 136 500 ounces. Mining is scheduled to produce 20 000 ounces of gold annually. Re-opening of the Sand Queen mine and underground development of the Sand George lodes has revived several grade control issues relevant to a narrow, ænuggettyÆ gold lode mining environment. These include the dependence of assay grade of individual samples upon a number of factors, including how and where a sample is collected, how and where it is analysed, and how grade data is used to estimate an æaverageÆ grade. Ideally, the only way to achieve an acceptable estimate of ætrue gradeÆ is to mine and mill a large parcel of ore (eg >100 tonnes) from each lode or ore type. In a mining operation producing relatively small tonnages from a number of separate ænuggettyÆ gold lodes, availability of resources and operational constraints may preclude intensive sampling for predictive grade control. At the Sand Queen mine, one of the key issues has been to establish a reliable system for estimation of gold grade with which to reconcile milling data. Extensive use has been made of detailed geological data to understand the grade distribution within individual lodes and between lodes, so as not to rely solely on assay results.

Jan 1, 2008

By G L. Simmons, K M. LeVier, R Kappes

The low potential hydrophobic state of pyrite in amyl xanthate (PAX) flotation with nitrogen is of particular interest with regard to the N2TEC flotation technology currently being used for the recovery of auriferous pyrite at NewmontÆs Lone Tree Plant in Nevada. Initially, the N2TEC system had been found to operate satisfactorily, but cyanide in the flotation mill water appeared to be responsible for a loss in pyrite recovery. This supposition was confirmed with laboratory experiments, and a program was initiated to study flotation chemistry variables by electrochemically controlled contact angle measurements. Experimental results show that activation of pyrite in such cyanide solutions can be achieved more effectively with lead than with copper. Subsequently, based on these fundamental studies, significant improvement at the Lone Tree Plant was achieved by lead activation, in which case the recovery increased to expected levels. The effect of activator is particularly significant not only with respect to pyrite depression by residual cyanide, but also with respect to collector (PAX) consumption and the initial state of the pyrite surface. Experimental results show the importance of the pyrite surface state and the rather interesting features of the activation process.

Jan 1, 2005

By M Elias

Management of risk has always been an integral part of successfully executing engineering and construction projects although formal recognition of the discipline of risk management is a relatively recent development. This paper describes the establishment and application of a proprietary business risk management framework for FluorÆs global engineering and construction business.

Jan 1, 2003

By Graham M

Longwall mining has been the dominant global coal mining method for decades. However, not until 1994 did longwall mining surpass continuous miner room and pillar extraction tonnage in the United States. This significant event, occurring in the most cost driven market in the world, confirms the efficiency and effectiveness of longwall mining.

Jan 1, 1998

The design of the grinding section is discussed and details are given of the equipment installed for the autogenous grinding of ores from the C.S.A. mine at Cobar.The first section of the concentrator commenced treating ore in June, 1965 and operating experience and maintenance requirements since that time are outlined.

Jan 1, 1969

A good deal of criticism has been levelled at Mines Division over the slowness of processing mining privilege applications, some of which is justified and some which is not. There are many reasons for delays in the processing of applications and not the least of these delays are caused by the applicants themselves.

Jan 1, 1982

By M Kuruppu

Large mining operations require a high percentage of the capital invested in mobile and fixed mining machinery. From an investment point of view this expenditure must be met by an equally high rate of return, thus the need for high plant and equipment reliability is of major importance. Equipment downtime is undesirable and very costly, resulting in lost production and revenue, which is of critical importance to successful mining operations. One of the solutions to this problem may be found in the form of competent computerised maintenance management software systems, which help to reduce the problem of breakdowns. These software assist the engineers for the management of service orders, resource allocation, progress monitoring as well as costing. They also facilitate the communication of targets and objectives among the service personnel. A computerised maintenance management software called MAINPAC was used to record and plan the activities of mobile equipment maintenance in a large mining operation in Western Australia. Among the details recorded were equipment data, service history, machine downtimes, previous maintenance, job planning and the resource required. This information further helped to analyse the maintenance efficiency, availability and the reliability of the equipment.

Jan 1, 2006

The Nagambie heap leach gold mine commenced production of gold in September, 1989. The mine,120km north of Melbourne in Victoria, Australia, was developed by Perseverance Mining Cor- poration Ltd, a junior Australian mining company, with no other operating mines. Gold production to December 31, 1990 was 47,621 oz. The mine is now producing at the rate of about 45,000 oz per year. As of February 28, 1991, resources at the mine are 5.1 million tonnes measured, at 0.65g/t Au while reserves were 1.65 million tonnes at 0.86g/t Au of proven, heap leach ore, plus 0.37 million tonnes at 0.40g/t Au, of dump leach ore. Metallurgical recoveries expected are 80 per cent for the heap ore and 60 per cent for the dump ore. Perseverance Mining Corporation was listed on the Australian Stock Exchange on April 2, 1987, after a capital raising in March that year. At this time the company's issued capital was 4 million ordinary 25ó shares, 3 million of which were issued to the public to raise $0.75 million.

Jan 1, 1991