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Project-finance risk assessment is mature and approached systematically. Mining industry due diligence remains fragmented with specialists addressing different aspects of the project such as reserves/JORC, environmental impact, commodity market, even financial analysis/ modelling. Each professional has a natural tendency to believe that the risk factors they have examined are the key ones necessary to be reviewed, as if their review will stand in isolation from others in the way a project materialises. By first laying out the project risk categories and risk matrices, this paper examines the due diligence process with a keen eye to the risk assessment and overlap/interaction. Some cross fertilisation of due diligence techniques from other industry sectors is placed into the mining context. Six case studies are then presented with regards to due diligence features in each projectÆs feasibility review or financial information/ offering memorandum. A power case first shows the differences between the due diligence expectations of banks versus bond financings. Then some Australian and Indonesian mining development cases are analysed to see the due diligence learning points. Some of these were project/due diligence failures. The conclusion focuses on the value of a systematic risk assessment for project evaluation, all from the project-finance perspective.

Jan 1, 2007

By P J. Terbrugge

Many ore deposits have considerable vertical extent which is not always known at the time of commencement of mining. In many of these cases, initial mining is by opencast methods, and as ore reserves are proved to greater depths, the pits are often planned to go deeper than had been originally envisaged. In such cases, surface plants and critical underground facilities such as conveyer tunnels, access ramps, ore passes, hoisting shafts and ventilation shafts are often located much closer to the pit rim and the orebody than is desirable for the deeper mining situation. This usually raises the question of the stability of such underground excavations, which may be critical for the viable longer-term mass underground operation of the mine. In this paper the key considerations in the evaluation of the stability of the overall mining environment for ædeepened minesÆ are defined. Aspects which are dealt with are: open pit stability, shaft stability, dilution, mudrushes and airblasts, and selection of mining method. The necessary stability evaluations are put into the appropriate context by considering two case histories. Critical parameters and considerations which need to be addressed during the evaluation of excavation interaction are also discussed.

Jan 1, 2000

Australia is presently the world's principal producer of rutile and zircon, and also provides a major share of the world's ilmenite. Since 1980, Australia's share of the world's output of these minerals has fallen. Exhaustion of known resources, together with the changing composition of new deposits, is expected to result in Australia's share of the rutile and zircon output continuing to decline. Its role as a major supplier of upgraded ilmenite, that is synthetic rutile, is expected to increase. In 1994, the Bureau of Resource Sciences assessed Australia's demonstrated resources of mineral sands as follows: rutile 14.4 Mt, ilmenite 132.5 Mt, and zircon 21.0 Mt. These resources are located along the coast of Queensland and New South Wales, in the Murray Basin of New South Wales and Victoria, in the southwest corner of Western Australia, and in the Eneabba region, north of Perth. However, some 45 per cent of rutile and zircon resources along the coast of Queensland and New South Wales are not available for mining because of environmental concerns. World demonstrated resources are estimated at 40 Mt (contained TiO2) for rutile, 50 Mt for zircon and approximately 312 Mt (contained T1O2) for ilmenite. Outside of Australia, the most important resources of rutile, ilmenite and zircon are in South Africa (rutile, zircon , and ilmenite in the form of titania slag), Sierra Leone (rutile), India (ilmenite, zircon and rutile), and Canada (hard rock ilmenite). Significant resources of ilmenite occur in Madagascar and Mozambique.

Jan 1, 1996

By Knasmillner

During blasting body wave interaction with geometrical surfaces induces Rayleigh-waves which propagate along free surfaces, e.g. crack faces or delaminated rock layers. These Rayleigh-waves carry most of their energy within a very shallow surface layer and propagate with very little attenuation in real rock materials. Upon interaction with a crack front a very strong mixed mode stress intensity factor may result and lead to fracture initiation. On the basis of experimental photomechanical results the history of dynamic stress intensity factors Kt and K2 will be studied in Detail.

Jan 1, 1990

Willemite mineralization was discovered in 1966 in the North Flinders Ranges of South Australia, in the course of a stream sediment sampling programme. Further work outlined a total of nine separate willemite occurrences in the Copley/Beltana area, and ten small deposits in the Toondana area south of Parachilna. Mineable reserves of 1 000 000 tonnes grading 36.8% zinc were outlined in three deposits in the Copley/Beltana area and campaign mining of the Main Orebody commenced early in 1974. The main group of deposits all occurred within red, dolomitized Cambrian Ajax Limestone, and most are associated with significant thrust faulting. The area of the Main Orebody group of deposits has been intensely fractured, and the surrounding dolomites are often brecciated and contain up to 5% zinc. Lead and arsenic mineralization are minor components of the main group of deposits. Masses of Middle Proterozoic Willouran Formation crop out adjacent to or close to most of the deposits in the Copley/Beltana area. The Willouran is frequently highly sheared, brecciated, and often contains large inclusions of younger formations. It is believed that most of the Willouran outcrops represent piercement structures.

Jan 1, 1975

By O Handayani, R Barr, E Isaaks

The mining industry has focused a great deal of attention recently on the impact of blast movement on grade control. Although the problem of blast movement and its contribution to dilution and ore loss is well known, solutions to the problem are less than satisfactory. Perhaps the most recent innovation is the application of blast movement monitoring (BMM) devices to quantify blast movement. These devices emit an electronic signal and are planted at surveyed locations within the preblast material. Following the blast, their new locations are found using an electronic scanner. The magnitude and direction of the blast movement is given by the vectors between the pre- and post-blast BMM locations. However, it’s not clear how the BMM vector data can be best used to minimise dilution and ore loss. One common solution is to displace preblast dig line polygons by distances indicated by the BMM vectors. However, studies of BMM vectors show that blast movement not only displaces material laterally but also mixes material internally within the bench (Thornton, 2009a).This paper presents a method for modelling the post-blast muck pile that accounts for displacement and internal dilution using simulated annealing. The preblast ore control block model is re-blocked to 1?×?1?×?1?m sub-blocks. Each sub-block is displaced by simulated BMM vectors conditional to post-blast surface topography and blast initiation sequence data in addition to BMM vector data. The displaced sub-blocks are aggregated into new ore control model blocks whose grades are calculated from the contained sub-blocks. New dig lines are then designed on the post-blast muck pile model using the new ore control block model grades. A case study based on actual data is provided.CITATION:Isaaks, E, Barr, R and Handayani, O, 2014. Modelling blast movement for grade control, in Proceedings Ninth International Mining Geology Conference 2014 , pp 433–440 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 18, 2014

Stope filling practice on the Great Boulder Mine was described in -a paper published in Aus.I.M.M., Proceedings No. 137, in 1945. When the paper was presented the process had emerged from the experimental stage, most of the initial operating difficulties had been overcome, and it had been established that this method of filling was suitable for the working of ore bodies in the Kalgoorlie field: Since 1945, it has fulfilled its early promise, -and during 1947, the tonnage of fill placed was sufficient to cover current operating requirements as called for by the mine ore breaking programme. The object of this paper is to outline current operations. In so doing it will refer' to some ground covered by the previous paper, but will omit details of the initial experimental work. It will include, however, a description of further experimental work on the use of hydraulic filling for worked-out shrinkage stopes, arid will provide more accurate data on costs than were available previously.ESTIMATE OF TONNAGE OF FILL REQUIRED.Early in 1946, the mine ore reserves were analysed in order to estimate the relative tonnages to be mined per four-weekly period by shrinkage stope methods -and by cut and fill stope methods respectively. This analysis was extended beyond the blocks already prepared for stoping, and inclqded the majority of the major ore blocks in the mine ore reserves. It gave the following results:-For a mill tonnage of 28,000 tons per period, 6,933 tons were required from cut and fill stopes, and a possible future maximum programme of 35,000 tons per period would require...

Jan 1, 1948

By J Maxlow, M J. Woods, M P. Sandy

The Newcrest Mining Limited Telfer operation comprises both open pit and underground operations producing gold and copper. The underground operation is made up of three production areas, the sublevel cave (SLC), M Reefs narrow vein open stoping and Western longhole open stoping areas. With stoping situated on the abutments of a mature and active sublevel cave, the interaction between mining areas is often complex. This is particularly evident in the M Reefs orebodies with high levels of extraction in all four reefs, and reliance on pillars to maintain local and global stability. A key concern was the potential for a cascading pillar failure to develop and rapidly progress through the M Reefs stoping area. The monitoring plan needed to capture any change in overall stability and identify if deformation was caused by pillar failure within the M Reefs and hanging wall closure, or shear on the reefs caused by SLC influence.

Nov 29, 2022

By Rosengren KJ

Geotechnical conditions often have a critical influence on the design of new open pit and underground mines, but they are often considered of secondary importance in relation to other factors, such as detailed geology, orebody geometry and grade distribution. As a result, geotechnical studies may not be carried out during early project investigations or, at best, may be given only superficial attention, often to the overall detriment of the project. Technically and economically, it is logical that geotechnical studies should be integrated with geological investigations as soon as it becomes evident that the particular deposit may prove to be economic. The paper discusses the use of geotechnical information in the selection of mining methods and mine design for underground mines and for wall design and assessment of excavation characteristics in open pit mines. It then considers methods of obtaining the relevant data, with particular reference to exploration boreholes. Selected case studies on the application of geotechnical data to mine design are Included.

Jan 1, 1986

Underground mine ventilation is now com monly simulated on a digital computer. Such a programme, incorporating natural ventilation has been modified by others to account for methane emission and elevated local tempera- tures. At Wollongong University, the pro- gramme was further developed and extensive interactive graphics incorporated such that any view of the three dimensional mine could be viewed, and superimposed upon that view are areas where a nominated parameter has exceeded a particular value - generally at a nominated time after a particular event and usually a fire/explosion of one type or another. A further programme was developed such that up to 20 'times' could be examined at a particu- lar location after say, a fuel rich fire at some other place in the mine. The output from this programme includes a plot of methane 1, smoke 1, temperature, pressure and air flow versus time - a most useful graphic to observe the limits of safe attendance in a particular Airway.

Jan 1, 1983

By Pradhan GK

Blasting is one of the most important operations involved in surface coal mining. The removal of over-burden waste in surface coal mines of India had experienced many improvements in terms of blasting, explosives selection, blast design, equipment selection, deployment. etc. Two case studies of very large surface coal mines have particular importance in their blasting operations. Both these units have been equipped with large capacity excavating machines, hauling units and also have some difficult mining situations. Blasting is done in benches in close proximity to human dwellings and over coal seams developed by underground methods with problems of high wall stability etc, as well. The various steps taken to improve the blasting operations ensure smooth operation of the equipment to meet the targetted coal production.

Jan 1, 1991

The homologous series of saturated fatty acids investigated in this study generally show a steady gradation of properties with chain length. The solution pKa values were assumed constant at 4.9, however reported pKa values could be lower or higher. Hematite flotation response and surface pressure for aqueous solutions of these fatty acids were measured as a function of pH. For the shorter chain fatty acids, the undissociated acid was shown to be the predominant surface active species with flotation, supplemented by the physical adsorption of acid anions as the chain length increased. The reduced solubility of the longer fatty acid carbon chains made these reagents ineffective as flotation agents. The maximum flotation response of hematite using tetradecanoic acid corresponded with the precipitation edge of the reagent. The results show that the values of surface pressure of the surfactants are not always a good indication of their effectiveness as flotation collectors.

Jan 1, 2005

By Dif A. E N, Abdalla MH

The effect of multiple tunnels /cavities on the stress and deformation field of the soil media was investigated by using a two dimen- sional plane strain boundary element model. The soil was considered as an elastic, isot- ropic and homogenous media. The interaction of two circular and parallel tunnels/cavities was investigated. Depth of burial, tunnel spacing and surface load width were the system variables considered. The results of this study indicated that the vertical displacements of the soil media increases by decreasing the distance between the adjacent openings, the interaction between the two tunnels/cavities can be neglected for K/D > 5, while the load width has a minor effect except in the dis- tance of D from the center line of the load and for a depth of 2D.

Jan 1, 1987

Syferfontein Colliery, part of the Sasol group of companies which specialises in the field of petro-chemical production, was established in 1990. The mine is situated about 150 km east of Johannesburg, South Africa. Two coal seams are mined, utilising two 75 m3 draglines, shovels and a fleet of 177 ton rear dump trucks. The mine will reach its full production capacity of seven million tonnes per annum in 1992. During the planning period, prior to the establishment of the mine, management were confronted with the unstable socio-political environment in South Africa which could jeopardise the eventual success of the mine. They consequently conducted a strategic planning exercise to determine guidelines for mine planning to improve the chances of success in this unstable third world environment.The strategic guidelines formed the basis for specific actions taken during the planning and commissioning of the mine. Specific actions were taken in the field of operating cost, labour relations, working environment, logistics and the general environment. First results indicate that these actions have played a major role in the success of the mine to-date. This process can be utilised by others facing similar or even totally different uncertainties.

Jan 1, 1992

By Fejes A. J

The U.S. Bureau of Mines installed surface and subsurface instruments at a mine site in Colorado to monitor and characterize the overburden response to longwall mining. Instrumentation included a time-domain reflectometry (TDR) cable, a multiple-point borehole extensometer (MPBX), vertical- deformation surface monuments, and in-mine pressure cells for monitoring abutment, pillar, and gob loads with respect to the longwall face position. The purpose of the study was to collect data that could be analyzed to correlate the design of the mine layout to the resulting overburden failure response. Determining the extent of caving and fracturing is important in the and and semiarid Western United States because of the possible consequences to the fragile underground hydrologic systems upon which the land owners and users depend. This study is unique from past investigations because the overburden contains massive sandstone members that impose special conditions on the caving process and pressure redistribution above the longwall panels. This paper presents the results of this correlation study.

Jan 1, 1992

Quite apart from economic considerations, the following performance parameters must be considered when selecting an explosive for a particular blasting operation. 1. total energy yield/kg, and more particularly, strain energy/kg and bubble energy/kg of charge 2. charge weight/m of blasthole 3. sensitivity of the charge 4. water resistance of the charge The effective division of an explosive's total energy into strain energy (SE) and bubble energy (BE) is explained as is the influence of each energy component on blast results. Because some rocks require a high strain energy for effective breakage, while others are most satisfactorily fragmented by bubble energy, values of SE and BE are more meaningful than those of total energy. Unfortunately, our extensive knowledge of the effects of certain variables on total energy has not yet been completely supplanted by the influence of these variables on SE and BE values. Relative SE/kg and BE/kg values are presented for a range of explosives. The 'charge density of ammonium nitrate/ fuel oil (ANFO)-type explosives is essentially constant throughout the length of the charge; because of their compressibility, slurry

Jan 1, 1974

The Iron Prince orebody occurs within the Lower Middleback Jaspilite Horizon of the Middleback Group and consists of hematite within host rocks of jaspilites and schists. The ore was probably the product of leaching of silica from jaspilites and replacement by iron, concentrations occurring in suitable structural traps. The narrowness and the presence of extensive dolerite amphibolite dykes within the orebody make it essential to operate a grade control programme in advance of the faces. Information from drilling is drawn up on bench plans, step plans and impurity overlays, and these serve both in day to day production planning and in long term planning. Mining is done selectively by open-pit methods and blending conducted by keeping at least three faces of different grades of ore open at any one time. No stock piles of ore are kept for blending, but contact ore, contaminated ore and enriched material are dumped for later beneficiation.

Jan 1, 1971

By J D. Lubben

Hibbing Taconite is a Lake Superior-type granular magnetite taconite deposit occurring within the Biwabik Iron Formation along Minnesota’s central Mesabi Iron Range. The deposit is situated on the northern margin of the Proterozoic Animikie Basin. The deposit strikes northeast, dips gently southeast, and occupies 10 km of strike length. Mining focuses on 50 m of granular cherty and laminated slaty taconite within the Lower Cherty member.Ores generally consist of a quartz, magnetite, siderite, ankerite, minnesotaite, stilpnomelane, and haematite mineral assemblage. Processing is optimised by exploiting the physical and chemical variations that exist between three major ore types. Taconite ore averages 20 per cent magnetic iron (MagFe), 27 per cent weight recovery (WtRec) and produces a final concentrate with 4.5 per cent silica (SiO2). Since 1976, production has totalled approximately 237 million long tons (Mlt) of pellets (8 Mlt per year rated capacity).Ore processing uses a simple fl ow sheet of autogenous grinding (<0.044 mm) followed by two phases of wet magnetic separation, fi ltering, limestone/bentonite addition, balling, and firing to create pellets averaging 66 per cent total iron. A Liberation Index (LIS) is used as a primary guide for ore grading and metallurgical control. Grind requirements, magnetite liberation and silica grade are closely monitored to ensure plant optimisation and product quality.A recent program of benefi ciation of low-grade ores by in-pit crushing and dry magnetic cobbing has demonstrated that low-grade ores (<17 per cent MagFe, <25 per cent WtRec) can achieve a signifi cant metallurgical upgrade (up to 25 per cent MagFe and 40 per cent WtRec). This operation recovers 60 per cent of the total crushed volume, and has a calculated effi ciency factor (magnetic iron recovery) of 79 per cent. This paper discusses the benefi ts of this upgrading and its effects on ore blending and processing.

Jul 11, 2011

By C M. W Boyle, E K. C Phuak, A Lewan, E Ryan, M D. Paine, P H. Mackenzie

"Rio Tinto Iron Ore (RTIO) has an extensive history in the application of geometallurgy to the iron ore value chain. Fundamental to this has been the geological logging of material types which are assigned processing attributes such as lump per cent and density. Initially these were used for product (lump and fines) grade predictions in relation to grade blocks to be used within short-term planning horizons.More recently the predictive reach of the material types and their associated processing attributes has been extended due to their inclusion into geological block models. These predictions can now be used to influence mine plans across multiple planning horizons in such a way that the extremes of geometallurgical properties can be pre-empted and managed thus improving efficiency. Spatial material type domains are also used in the planning of metallurgical drill holes to ensure greater representivity of material than was typically obtained by chemical and/or stratigraphic criteria alone.Material type logging has also been enhanced by the introduction of modern, rapid mineralogical techniques that have complemented visual logging. This has enabled the identification and quantification of contaminant minerals and their relationships with host ore types to be established. This data is used to better manage product grade predictions and identify risks to the short-term plan.Work is ongoing in RTIO to further refine logging based predictions and in addition apply them to new areas of the business. This work requires collaborative and multidisciplinary teams working on an integrated approach combining geology, metallurgy, technology and innovation, mine planning and technical marketing.CITATION:Paine, M D, Boyle, C M W, Lewan, A, Phuak, E K C, Mackenzie, P H and Ryan, E, 2016. Geometallurgy at Rio Tinto Iron Ore – a New Angle on an Old Concept, in Proceedings The Third AusIMM International Geometallurgy Conference (GeoMet) 2016, pp 55–62 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Jun 15, 2016

By O Arafat, K M. Bartholomew

A voracious consumer of energy and grinding media, the modern ball milling circuit has a huge direct cost impact on a mineral processing operation. Through optimisation, grinding also has the potential to unlock great improvements in recovery and throughput, but how can the complex interactions between mills, classifiers, tonnage, ore-type and downstream recovery be measured, understood and managed in a systematic manner?Functional performance analysis provides the tools and insights needed to measure, understand and improve the two key process efficiencies in ball milling circuits: classification system efficiency (CSE) and mill grinding efficiency.CSE measures the composite performance of the classification system as a whole. In short, the purpose of the classification system is to ensure that grinding mill energy is used to grind coarse particles while minimising overgrinding. CSE is simple to measure in the plant and it provides immediate feedback to the plant metallurgist, mill superintendent and management about the performance of the classification system and the amount of wasted energy in the grinding plant.Mill grinding efficiency measures the capacity of the grinding mill to convert feed-sized material into product-sized material on a tonnes per kilowatt hour basis. It is normalised based upon the ore resistance to breakage, so it provides feedback about the ‘health’ of the milling process under varying operating conditions and ore types. Mill grinding efficiency is measured at the same time as CSE through circuit sampling.Functional performance analysis combines CSE and mill grinding efficiency to provide a measureable, manageable optimisation objective. It also provides a link to tonnage, ore type and recovery. As a result, systematic optimisation of a grinding circuit is a measureable and manageable process to meet business objectives.CITATION:Bartholomew, K M, McIvor, R E and Arafat, O, 2014. Functional performance of ball milling circuits – a plant metallurgist’s tool for process characterisation and optimisation, in Proceedings 12th AusIMM Mill Operators’ Conference 2014 , pp 227–232 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 1, 2014