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A summary of a proposal to develop a 20 000 tpa underground gold operation in a Forest Park. The environmental constraints are severe and affected the mine development planning and choice of mining method. The mine will use trackless methods to access the narrow 1.5 m ore shoots, and to mine ore by cut and fill methods. The use of Microscoop and CT 1700 HE electric LHDs for mucking, together with special drilling attachments for drilling, is central to efficiency and small Kubota diesel haulers will be used for carrying ore to surface.

Jan 1, 1986

By R Harding, T Hunt

For the past 120 years, Portland cement manufacture has been undertaken on the shores of the Whangarei Harbour in northern New Zealand. Through a serendipitous conjunction of geo-chemistry, the argillaceous marl found on Limestone Island in the harbour and Tikorangi Hill provides a perfect mix of the various elements required for strong and durable cement. Golden Bay Cement, and its predecessors, have been the guardians and managers of the use of these minerals. As the demands of the concrete industry have increased, so have the needs of the manufacturing process. Careful mapping of the resource at both Portland and Wilsonville Quarries has been undertaken. This has allowed the Company to change the Quarry operation from a purely volume basis to one of selection and blending of constituent minerals. Within the manufacturing process, change has also been introduced. Analytical techniques, using x-ray fluorescence spectrometry, microscopy and the application of modem data collation, has allowed fine tuning of the process. The Company now produces an increasing diverse range of products for both the domestic New Zealand market and exports to various South Pacific countries. This paper discusses the processing of limestone and æcement rockÆ into cement clinker, an intermediate synthetic mineral ground into cement. It examines control and blending regimes, and some methods used in determining process efficiency. An important technique ærediscoveredÆ has been the application of microscopy to clinker.  Examination of the major silicate minerals enables interpretation of the kiln processing and feedback to process operators. It also enables a prediction of indicated performance when ground into cement. Examples this paper give an insight into the use of minerals from Northland in some of the more important construction projects in modem New Zealand.

Jan 1, 1999

In understanding the consequence of existing law, and the likely implications of its reform, it is necessary to comprehend the logic of the situation that the law provides individual decision makers and how that situation would be adjusted by reform. In particular, the way in which natural resources, including minerals, are used and managed is influenced by the definition and structure of property rights that the law provides. Property rights are enforceable claims to use or to benefit from resources. An example is a mining licence that allows its holder to extract minerals in a specified area. Property rights establish the structure of incentives, opportunities and constraints within which resource use decisions are made, ie the logic of the situation, and hence influence the use and management of resources. The extent and type of mining in New Zealand, for example, reflects the rights that miners have to extract minerals, and their rights to benefit from mining as against their duties to compensate landowners and pay royalties. This paper describes the characteristics of minerals that are relevant to the definition of property rights, analyses the implications of alternative property right arrangements and describes the existing situation.

Jan 1, 1988

Last evening, in Auckland, I heard the Chairman of Heinz US, Dr Tony O'Reilly (who, in addition to Heinz's ownership of our largest food processor, also has substantial personal investments in this country), advocate New Zealand as a 'regional corporate capital'.   Why would someone like Dr O'Reilly hold that view? No doubt, as one of Ireland's great rugby players of the 50s and 60s, he admires at least one thing that we do very well (confirmed again in Dublin over the past weekend). But that's not sufficient to support such a view.   He cited many reasons for preferring New Zealand over, say, Sydney, Australia, calling this 'the most rational in which to locate [an] international headquarters', including û +         we have no capital gains tax; +         a more 'pro-business environment'; +         a 'first class' legal and banking system; and +         a 'simple political system'.   I can find no better 'text for today's address.

Jan 1, 1997

Recovery of Fine Gold Particles from Philippine Gold Deposits by Enhanced Gravity Concentration and Flotation The objective of the study is to determine the applicability of enhanced gravity concentration (EGC) and flotation for gold recovery. While gravity concentration methods have long been applied to gold ores, especially to free-milling types that requires minimal beneficiation, flotation for gold recovery has not yet taken hold as a major operation in the Philippine setting. In this study, the application of EGC and flotation for gold is applied and compared to the existing methods for gold recovery. Two samples, with assays of 7.315 and 5.333 g Au/MT (samples 1 and 2, respectively) are used for this study. These samples are subjected to mineralogical studies and is found to have a gold-particle size ranging 10 to 200 microns. To verify the separation size, the mesh-of-grind (MOG) is used as the primary parameter for experimentation. Initially, the samples are stage-crushed, ground, and subjected to EGC using a Falcon SB40 Concentrator. Based on the results, the two samples showed that recovery increases with a finer MOG. The ratio of concentration (K) decreases with a finer MOG. This shows that there should be sufficient liberation of the gold values for EGC to be effective. The effect of the enhancement is to pronounce the difference in specific gravity of the minerals, promoting better separation. This is validated by the high recovery values of 86.97 per cent and 98.73 per cent exhibited respectively for samples 1 and 2 (at 54 microns). For the flotation runs, sample 2 with an average particle size of 80 per cent passing 74 microns is examined using thiocarbamate-based collectors for roughing and subsequently exhibited a recovery of 96.32 per cent. At this point, the concentration ratio (K) is noted as an important efficiency indicator for flotation process since it yielded a very low-mass and high-metal content concentrate.

Sep 13, 2010

By G B. Smith, G M. Marshall, A Querzoli

The South Australian mining regulatory framework has adopted a performance based approach to the management of risk. This approach has been in place in South Australia for more than 10 years and is increasingly being implemented in mining jurisdictions in Australia and around the world. Performance based regulation focuses on setting appropriate environmental outcomes to be achieved based on an assessment of the potential impacts associated with the development, operation and closure of mining projects. Measurable compliance criteria, including completion criteria, are set to demonstrate achievement of the outcomes. It is the responsibility of the proponent to propose designs and strategies that will achieve the regulated environmental outcomes and to demonstrate the implementation of their designs and strategies will achieve the outcomes into the future. Tailings Storage Facilities (TSFs) are significant elements of many major mines and each is unique with site specific factors such a materials to be stored, design, size, location, climate, sensitive receptors, operating history of the facility (i.e. changes to design), site culture and company capability amongst a range of other factors. Consequently a fit-for purpose approach is a key principle of best practice regulation of tailings management as it takes the site specific factors into account in setting appropriate outcomes for mitigating the identified impacts associated with a proposed development. Achievement of those outcomes through fit-for purpose, well designed management strategies would ensure safe, stable and economic storage of tailings in a manner that complies with all legislative requirements and presents negligible public health and safety risks. Tailings storage must also have acceptably low social and environmental impacts, both on and off site, during operation and indefinitely post closure. Achievement of environmental outcomes during operations and at mine completion can then be demonstrated to the regulator and community through public reporting of compliance with measurement criteria which establish the appropriate level of impact for each individual operation. A number of new mining proposals including tailings storage facilities (TSF) have recently been assessed and approved in South Australia. The location, size, design, sensitive receptors, public interest and therefore risk profiles of these TSF’s have varied substantially between these new mining proposals. These considerations were reflected in the assessment of the TSFs and the resulting mining lease conditions of approval including the environmental outcomes to be achieved over the life of the facilities. This paper and the accompanying presentation will provide case studies of recently approved TSFs within South Australia and the regulatory framework for each case.CITATION:Smith, G B, Querzoli, A and Marshall, G M, 2018. Tailings regulation – a South Australian perspective, in Proceedings Mine Waste and Tailings Stewardship Conference 2018, pp 166–177 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 23, 2018

Analysis of rock discontinuities, collected using a scanline method, has been undertaken at the Iron Duke open cut mine, on the southern margin of the Middleback Range in the Gawler Craton, South Australia. The iron mineralisation, which is a product of supergene enrichment of carbonate sediments, is located on the W (western) limb of a gently N plunging D2 macrosyncline. Mesofolds plunge shallowly to the NE or steeply to SE, suggesting two shortening events, of which the second produced significant macrofolds. Discontinuities include:faults and shears which display variable orientations, mainly striking WNW dipping steeply N; mesofractures or joints maintaining a well constrained orientation, dipping steeply S, subvertical striking E-W; and bedding surfaces which are folded about a gently N plunging axis. Through this example of the regional control exerted on local discontinuities, it is clear that discontinuities are not randomly distributed as often assumed in purely statistical approaches. Commonly for rocks of any age there is a distinct discontinuity pattern, reflecting the geological deformation history. If the controls exerted on local rock discontinuities can be determined and assigned a number related to their significance, the way forward is available to develop a site specifc knowledge base that can make realistic predictions for any position in a given rock mass. Such a procedure would involve assessment of the regional geology, linked to scanned discontinuities either via manual or automatic means. Recent advances in automatic scanning rock faces (eg by the I-SiTE Laser Radar) to determine discontinuities distributions, enable the rapid calculation of rock characteristics. This is a significant advance in rock engineering, providing a method of safe and quick collection of data. However it creates problems in the presence of an increase in the geotechnical data available, which should be assessed in the context of the regional geology. Although techniques are underway to analyse post-blast discontinuities, the next signifant potential advance in this area could be the integration of a knowledge based system to assess discontinuities ahead of mining, incorporating regional assessment and human intuition.

Jan 1, 2000

To form a true picture of the early history of Queensland, we must think of white settlement advancing like an incoming tide, wave by wave; each wave lapping ahead a little further than the last. The credit for opening up the country belongs to a large number of pioneers, each of whom pushed out just a little further than his predecessors.Contrary to what one might expect, Rockhampton district was settled by overlanders from the south and not from the ocean side. When the Archers, the pioneers of the Rockhampton district, reached Gracemere in 1853, settlement had already made its way down the valley of the Dawson River; for it was from Leith Hay's station at Rannes (a few miles below Mount Morgan) that the Archers advanced northward into the unknown, to find the river that the explorer, Ludwig Leichhardt, had told them must enter the sea somewhere near the Tropic of Capricorn.The Archers travelled northward from Rannes up the valley of the Dee, coming out on the edge of the Razorback Range not very far from the point at which the Dawson Valley Highway drops over into Poison Creek. (Their diary records the bearings from a lookout point to various peaks around Rockhampton, and to-day, by plotting back from these peaks, we can determine the exact spot at which they descended on to the Fitzroy Flats.) We can be certain, then, that they must have been the first white men to set eyes on Mount Morgan; though to them it would have seemed to be nothing more than an insignificant hill...

Jan 1, 1939

By E Apaza, R Neumayr

This paper aims to summarise the discovery of the QTS Central resource, a previously unidentified +1 Mt inferred resource that lies between two major CSA resource systems.The 1.7 Mt at 5.76 per cent Cu, QTS Central ore system represents 1/6th of the CSA mineral resource and was discovered in 2014 based on the accumulation of historic exploration records dating back to 1989.The CSA deposit consists of five ore systems hosted within turbidite-derived siltstones (CSA Siltstone) and lesser sandstones (five per cent) of the Devonian Amphitheatre Group. The host sediments strike approximately north–south with a steep westerly dip and exhibit a well-developed east dipping cleavage. Most CSA mineralisation is hosted within dilation zones at the intersection of cross-cutting structures and is interpreted as epigenetic in origin.Alteration and weak mineralisation, up plunge to the reported QTS Central mineral resource, was initially detected in 1990 during a downhole electromagnetic conductivity (EM) study, where one hole indicated an off-hole conductor, later tested with four diamond holes. One of these diamond holes intersected 3 m at 7.5 per cent Cu at 200 m. Development of the 9070 Subway drive in 2005/2006, linked the QTS North and QTS South workings and intersected structures interpreted to host QTS Central mineralisation. Subsequent drilling proximal to the 9070 Subway in 2007 identified an up plunge extension to the QTS Central zone (UDD07152: 1.8 m at 6.3 per cent Cu from 10.7 m). Work on QTS Central was largely forgotten until 2012 when the mining of a 450 m infrastructure drive provided a platform to test the anomalous grades. In December 2013, drill hole UDD13055A intersected 20.9 m at 7.2 per cent Cu from 378 m. By the end of 2014, the QTS Central inferred resource was 1.0 Mt at 6 per cent Cu and 18 g/t Ag (Hosken and Apaza, 2014). Late in 2016, further infill drilling occurred from two fronts to increase confidence in the QTS Central resource. The results of this drilling are expected late in 2017.The current interpretation indicates the QTS Central system consists of two main lenses hosted within closely bedded sandstones and siltstones. The sandstone in general is not mineralised, being heavily silicified, while the siltstone is mineralised and chloritised. The main mineralised lens is 75–200 m along strike and 450 m high. Massive sulfide feeder structures lie at the core of the two main lenses, although the characteristics of the QTS Central system tend toward the mineralisation being more chlorite-rich than in QTS North and QTS South.CITATION:Apaza, E and Neumayr, R, 2017. The discovery of the QTS Central ore system, CSA mine, Cobar, NSW, Australia, in Proceedings Tenth International Mining Geology Conference 2017, pp 151–156 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 20, 2017

On a worldwide basis trackbound transportation is on the decline. As mining operations progress from open cast operations to underground operations, most utilise mechanised equipment. However, in South Africa hard rock mines, only a small percentage (¦10 per cent) of the production can be generated by mechanised methods and therefore trackbound mining methods will remain the dominant means to transport ore. In the Australian context there may be occasions where the nature of the orebody would dictate the use of rail transportation with the ore being transported from drawpoints by means of locomotives and hoppers. This paper focuses on horizontal rail haulage systems from the stope loading boxes to the shaft station area and will be largely based on South African experience. It is intended that this document will provide a practical guideline for mine designers and planners during the design process. The paper looks at trackbound transport systems and evaluates such items as construction and management of an underground rail haulage system. Current transportation systems for personnel, material and rock transportation are evaluated, gaps in technology highlighted, and recommendations made.

Jan 1, 2005

By Burns W. G, Muceniekas E, Whitcher I. G, Hughes F. E

No iron ore deposits were reported before 1961 from the Hamersley Ranges, Western Australia, although low-grade bedded iron formations, associated with ferruginous jaspers and cherts, were known to occur in the local Nullagine Series of Precambrian age.In January-March 1961 preliminary investigations in the area drained by the Turner River, Duck Creek and Serpentine Creek revealed the presence of over 1000 million tons of dense botryoidal or pisolitic limonite, forming flat-lying orebodies with 50-57 per cent iron.Large bedded hematitic orebodies were also discovered in the same area in August-October 1961. These have a porous, biscuity texture and an iron content of 60-61 per cent. They occur at a welldefined stratigraphic level (Brockman Iron Formation), normally in synclines where they have been upgraded by circulating meteoric waters during an old cycle erosion.In 1962 systematic geological studies and mapping, together with sampling and scout drilling, indicated larger reserves of biscuity hematitic ore and led to the discovery of massive hematite deposits at Mt. Tom Price. These were extensively drilled in 1963, proving the persistence of' high-grade mineralisation to a depth of 200 ft and over.To date the total indicated reserves of the Hamersley deposits, within the area held by Hamersley Iron Pty. Limited, are of the order of 4960 million tons and thus rank among the more important of the world. The reserves are composed of 600 million tons of bedded dense hematite ore with 64-66 per cent iron, 2900 million tons of bedded biscuity hematite-limonite with 60-61 per cent iron, 1360 million tons of limonite (goethite) ranging in grade from 50 to 57 per cent, and 100 million tons of canga (conglomerate) iron ore containing 53-63 per cent iron. In all cases harmful impurities are comparatively low.

Jan 1, 1964

By A R. Bye

Energy comes at great cost to our world and societies and therefore we should use it wisely and optimally. Societal pressure is enforcing this and the industry must respond by being proactive.The mine-to-mill approach to integrated mine and semi-autogenous grinding (SAG) mill optimisation demonstrated that throughput gains of up to 20 per cent could be obtained through a closer match of blasted run-of-mine ore to the feed best treated by a SAG mill. Since that approach was developed, new drivers have risen to prominence including environmental costs and impact of energy, water, waste. This is set against a backdrop of reducing ore grade and increasing demand that is pushing up our impact on the environment. The new challenges demand new approaches.This paper explores the opportunities in taking traditional approaches to optimisation to new levels of two-way integration and incorporating potentials for ore upgrade into circuit design. The new mantra may be æflexible circuitsÆ û designing and building for the present and the future by allowing for the uptake of new and future technology.

Jan 1, 2009

Research on the Design and Processing Characteristics of 320 m3 Air-Forced Mechanical Flotation Cell

Sep 13, 2010

By C MacDonald

There are many technologies available today in terms of fire and life safety in road tunnels. So many in fact that it is becoming more and more difficult for clients and contractors alike to determine what they want and what they need. From a clientÆs perspective, fire and life safety is about protection to its infrastructure and to the public at large. Conversely, the contractor is looking to meet its æfit for purposeÆ or ædeem to complyÆ requirements in the most economic and practicable way. Practices regarding fire and life safety in road tunnels have undergone a degree of transformation during the last decade or more throughout the world. This transformation has largely been driven by a series of catastrophic accidents such as the major fires in Europe including the Mont Blanc Tunnel, Tauern Tunnel, Saint-Gothard Tunnel, and now most recently in the CityLink Tunnels in Melbourne. International guidelines produced by organisations such as the Permanent International Association of Road Congresses (PIARC), the European Union, the International Tunnelling Association (ITA) and the US National Fire Protection Authority (NFPA) now provide clients, owners and designers with the tools required to define and specify the required fire and life safety systems in road tunnels. The majority of these tools are based on risk assessment and risk management. Recent road tunnel projects within Australia, however, have not referred solely to such guidelines. Clients have opted to prescribe different or additional fire and life safety requirements within the projectÆs technical specification documentation (project requirements), leaving designers and contractors with little room to implement alternatives or substitutions. Further, these project requirements are largely dictated by practice established on previous road tunnel projects within Australia. This paper looks at the current international guidelines and practices and undertakes a comparison with the EastLink tunnels in Melbourne and other road tunnels within Australia and makes assessment on whether Australian methods are the most appropriate for clients and contractors alike. Focus is directed to the key elements of fire and life safety such as:traffic envelope, barrier arrangements and emergency walkway provisions;deluge systems;drainage systems;fire rating requirements;tunnel ventilation systems;cross passage provisions;fire safety assessment;critical intelligence systems including help phones, CCTV, incident detection, tunnel signage, etc; andexternal tunnel control systems.

Jan 1, 2008

Ferruginous manganese deposits have been known at Ripon Hills since the late 1950s. The main group of deposits occur in an area 6 km by 5 km and these were extensively investigated by Longreach Metals N.L. during1971 and 1972 for possible commercial exploitation.Ripon Hills is a dissectcd fault plateau 350 m above sea level formed by the uplift of a block of gently dipping Proterozoic shales, cherts, and dolomite. The plateau consists of chert breccia which is underlain by massive dolomite. The shales which are ferruginous and manganiferous overlie the chert breccia but are now only preserved, in places, in the broad depression and valleys of the plateau.The ore deposits occur as supergene replacement of the shales and were investigated by geological mapping, grid percussion and diamond drilling, and bulk beneficiation testing. Iron and manganese oxides erraticallyreplace Shale accompanied by the leaching of other minerals. The ore is composed of fine grained pyrolusite intergrown with fine grained hematite and locally containing extensively altered bixbyite and braunite. Thegangue mineral is mainly kaolin.The average grade, using a 15 per cent Mn cutoff, was 19 4 per cent Mn and 25·9 per cent Fe for a combined drill-proven, indicated, and inferred tonnage of 56,000,000 tonnes. The average depth of this mineralization from the surface is 11 m. Using a cutoff grade of 20 per cent Mn the average grade was 24·6 per cent Mn and 23·0 per cent Fe for a combined tonnage of 12,000,000 tonnes to an average depth of 8 m.The substantial drop in reserves occurs because a high proportion of the mineralized material contains less than 20 per cent Mn.It was shown that whereas the lower grade ore, despite erratic fluctuations in grade, could be beneficiated to specification grade by crushing, screening, and conductivity ore sorting, the higher grade ore could be beneficiatedto specification grade by crushing and screening only. The utilization of the higher grade ore was considered to constitute a more viable operation.There is potential for high grade manganese ore to be discovered in the Ripon Hills area at the contact of chert breccia and underlying dolomite.

Jan 1, 1977

By J Mauk, J Rowland, S Rabone

Most epithermal Au-Ag deposits in the Hauraki Goldfield are hosted in late Miocene andesites. Broken Hills is an exception, being one of the few economic deposits hosted in rhyolite. Investigation of Broken Hills provides the opportunity to collate structural data that may be compared with that collected from andesite-hosted deposits in order to evaluate the importance of rock type on vein development. The rhyolite host rock at Broken Hills is strongly flow-banded, but this anisotropy does not appear to affect the orientation of mineralised structures. There is a range of structures at Broken Hills: veins, faults, fractures, and large breccia pipes. Veins generally strike north-south, with localised changes in strike and thickness. Slip vectors determined from striations indicate near pure dipslip on the main lode, indicating an extensional tectonic setting. The orientations of vein deflections are parallel to slip vectors. This correlation is common in modern extensional fault arrays where fault growth and linkage produces subvertical deflections in fault orientation (eg TVZ). There are three main types of breccias: 1. Primary breccias related to rhyolite emplacement. 2. Jigsaw type secondary breccias that are that developed during the life of the hydrothermal system. 3. Breccia pipes. Broken Hills was a dynamic epithermal mineralising system.

Jan 1, 2003

The AusIMM/AMIC code for reporting Reserves seeks to improve the calibre of professional reporting on this subject. But have they gone far enough? Should the code appreciate that the degree of reliability of estimates required will vary with the type of mining planned? How does one "confirm continuity" as required by the code? The aim of optimum development drilling is to achieve appropriate ore zone definition for acceptable estimates of reserves and their economic extraction. Can this procedure be in conflict with the code? How does it affect finance decisions?

Jan 1, 1989

In a previous paper the writer dealt -with the jasper bar formations and their relationship to the structural geology of older pre-Cambrian rocks in the goldfields districts of Western Australia (24). He has pointed out in this ahd other papers that jasper bars, or banded iron formations, banded hematite or ,magnetite quartzites, jaspilites and related banded ferruginous or non-ferruginous cherts, occur in abundan'ce in the Older Greenstone Series of Western Australia (22), (24), (26). They are considered to represent special forms of banded ferruginous sediments, and are usually fpund in the field interbedded with more or less metamorphosed pasaltic 01' andesitic lavas and tuffs, now amphibolites, together with occasional thin bands of normal pelitic sediments, which go to make up a large proportion of the Older Greenstones in thfs State (26).Great thicknesses of fiat-bedded ]:landed ferruginous cherts are also found associated with cherty' carbonate rocks; quartzites, shales and thin-bedded dolomite whicIi constit'ute the Nullagine (Pl'oterozoic) system in the northwest of Western Australia. In the Hamersley Range district these banded ferruginous chert beds are the hosts of important deposits of blue amphibole asbestos.In the paper mentioned above brief reference was> made to the importance, of geological structure in relation to economic geology, particularly in the goldfields regions of Western Australia, and it was shown that jasper bars may have an important role in the study of 'the structural geology of many of these regions. Of possibly more immediate economic importance is the part that these rocks play, both directly and indirectly, as host rocks for mineral deposits-the chief of Which are gold, iron ores, blue asbestos, and manganese ores. The blue asbestos bearing banded iron formations mentioned above are confined to the younger pre-Cambrian Nullagine formations. They have been described in detail elsewhere (23). In this paper it is proposed to discuss the economic geology of the jasper bars found in the older pre-Cambrian series.The jasper 'bars have in themselves little or no intrinsic value except perhaps some of the more highly coloured and banded varieties which may be utilised for ornamental and decorative purposes. Probably the best known of such varieties is the so-called "marble bar;" a belt of, strikingly coloured banded chert occurring just south and west of the famous town of that name (see Fig. 1t). This consists of a hard, very fine, even-grained rock with alternate individual stripes varying from the thickness of a sheet of paper up to an inch or more in width, and ranging in colour from clear white to yellow, from various shades of pink to brilliant...

Jan 1, 1943

Flotation Research on Cassiterite of Tailings

Sep 13, 2010

By M Dickie

During the 1980s and early 1990s low cost gold treatment plants were at the forefront of the Australian engineering and mineral processing business. This opportunity was the result of a high gold price and innovative design by emerging engineering companies in an expanding market. The low cost approach to gold plant design and project execution resulted in smaller and shorter life projects becoming viable and the multiplicity and fast track approach of the projects resulted in sharp learning curves. From the mid 1990s to the early 2000s the relatively low commodity prices and resultant reduction in minerals opportunities also resulted in innovative design in both small and large plants, albeit on a reduced scale. The innovation was associated with alleviating capital cost pressures for large capacity low-grade (eg NewcrestÆs Cadia) or small-scale (eg JubileeÆs Cosmos) projects to either improve NPV or to enable the project to be won and profitable in the competitive lump sum environment. Between 2004 and 2008 the engineering market became less competitive from an engineerÆs perspective due to the high demand for engineering services in a high price commodity market. The need for innovation remained but was driven overtly by shortages in water, power and personnel and long equipment lead times. This paper discusses some of the factors that contribute to the capital cost of a project and the scope for improving the likelihood of financing and increasing the project net present value (NPV). Case studies with recent large copper concentrator projects will be used to demonstrate how a value driven approach to project and plant layout can result in significant improvement in NPV.

Jan 1, 2009