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When a joint venture is established between a major and a minor, the co-venturers often have a number of divergent interests; the major may have put up significantly more capital into the project and will want to protect its investement; the major may have more financial resources and be more readily to commit capital to the project; the major may have more technical resources and expertise to provide to the project; the major may have other competing demands for its capital; the minor may be relying on rapid development of the project as its sole source of cash flow. Successful joint ventures arise when the co-venturers understand each others' interests and attempt to satisfy these interests. This could be achived by having a clear process and timetable for development of the project coupled with clear rules for distribution of income, the commitment of capital to the project and the provision of inter-company services. If divergent interests are either regulated clearly or eliminated, both co-venturers are more likely to seek common objectives in the joint venture with less scope for conflict. This paper, written from the perspective of a major, examines means of establishing successful joint ventures between majors and minors.

Jan 1, 1997

A mining joint venture presents a real management challenge to achieve harmony with the other participants in the successful development and operation of a mine. This can best be facilitated by a detailed agreement and guided by a set of joint venture principles which recognise the differences of the interests of the parties and seek to establish sound business and personal principles by which differences not anticipated in the agreement might be resolved. The major and minor co-venturers can and do present potential difficulties to one another. This paper, one of the pair in the joint venture panel discussion session, predominately presents the minor's viewpoint. Usually commercial matters such as project finance, areas of interest, divestment, pre-emptive rights and decision-making can be adequately covered in the agreement. However, when the parties disagree and have difficulty in resolving their differences, the joint venture principles should be used to advantage to resolve relationship difficulties.

Jan 1, 1997

In the years prior to the outbreak of war in 1939 Australia's production of copper had declined from a peak of about 80,000 tons in 1911-1915 to approximately 25,000 tons in 1939. This production met the need of the slowly growing national requirement and gave an excess for export. However, with the intensification of the war effort in 1942 due to the imminence of a Japanese invasion of this country, or at least a blockade of the sea lanes, it became necessary to expand production of armaments, and consequently the demand for copper increased beyond the capacity of the industry. Importation of copper to Australia during the period 1940-1944 was 131,000 tons.When exploration of the Mount Isa orebody was first being carried out in 1928, No. ID diamond drill disclosed the presence of some copper ore lying outside the limits of the Black Star orebody2, but it was not until 1941-1942 that the development of No. 7 level in the Black Star orebody enabled the existence of a lode of copper ore of economic grade to be established. At the request of the Commonwealth Government of the day a programme of development for copper production was undertaken whilst lead smelting was continued as before the war.A series of flotation tests on up to 1,500 tons of ore at a time, was undertaken and the concentrate so obtained was stockpiled. These tests were conducted, using one section of the lead mill, and demonstrated that a concentrate grade of 22-23% Cu with a recovery of 80-85% might be expected.These recovery figures were afterwards much improved, and 93-95%was obtained before the close of smelting in 1946.

Jan 1, 1953

Mine planning studies of iron ore deposits are often based on resource models generated by ordinary kriging. Ordinary kriging aims for local accuracy to minimise the variance of expected estimation error but this is at the expense of reproducing variability of the original sampling data. Hence mine planning studies using kriged models are likely to underestimate product variability, and the required blending and stockpiling capacity to reduce variability to an acceptable level. Instead, conditional simulation models of the main chemical variables in iron ore are able to reproduce likely variability to be encountered during mining and processing. This approach is demonstrated in a case study of the Weld Range bedded iron ore deposit in Western Australia, with a comparison of ordinary kriging and conditional simulation models. Conditional simulation models suggest that, compared with the single ordinary kriging estimation, there is likely to be far greater block variability for iron and impurities, a greater requirement for stockpiling and blending capacity, highest variability in initial years of mining and less variability in later years of mining for deeper ore. The conditional simulations provide a more realistic range of mining outcomes for production of high-grade ore, which may be seven per cent less than in the kriged model, as well as for lower expected project net present value (NPV). In year one, the kriged model is conservative for NPV; however, in later years two to five the kriged model has higher NPV than most conditional simulations, suggesting expected NPV based on the kriged model may not be achieved. For improved decision-making in mine planning, a complete range of possible outcomes from conditional simulations of the deposit should be considered rather than relying on a single kriging estimation that may be an end member case in the range of possible mining outcomes.

Jan 1, 2009

By M P. Schwarz

This paper describes modelling studies of the flotation cells used by BHP Billiton Nickel West Ltd in the slimes circuit at Mt Keith. The aim is to achieve a better understanding of the hydrodynamic limitations in the existing cells to improve nickel recovery. Computational fluid dynamics (CFD) simulations have been performed on the 100 m3 mechanically-stirred cells. The data produced by the simulations include velocity vectors, gas holdup distribution, solids distribution, bubble size, superficial gas velocity and turbulent parameters. These results have been checked and found to match hydrodynamic measurements at the plant. An analysis of the data found that one of the limitations in fine particle recovery was related to the air bubbles discharged with the tailing. The air in the discharge was caused by the high viscosity of the pulp. In the presence of fine particles, the pulp exhibits high viscosity with a yield stress. The increased drag due to high viscosity caused the bubbles to rise more slowly up the cell. This results in a significant hold-up of bubbles, some of which report to the tailing with associated loss of valuable minerals. A parametric CFD study of the operating variables shows that less air would be discharged in the tailing by decreasing the following: air flow rate,pulp density,stirring speed, andfrother addition. Simulation results indicate that these changes would cause a lowering of the air hold up in the cell especially near the discharge area. Predictions of the bubble-particle attachment rates under various operating conditions have also been calculated. Although it is possible to increase attachment rates by increasing stirring speed or by increasing pulp density, the amount of air discharged and the amount of nickel loss through the tailing will also increase. The project showed that CFD modelling is a powerful tool for studying hydrodynamic effects of bubble-particle interactions in flotation cells.

Jan 1, 2008

By F A. Rosyid

Mineral resources are national assets which must be capitalised for national development. Those assets should be transferred into real economic capital and then into social capital to achieve national/regional prosperity. Successful development in the mining industry will depend on the correctness in determining the role of mining industries for regional development. Using the context of sustainable development, this paper will analyse the concept and process of mining industry development as an accelerator to achieve regional sustainable development, using the mining operations of PT Newmont Nusa Tenggara (PT NNT) in Batuhijau, Sumbawa Barat Regency as a case study. In the premining activity phase, Sumbawa Barat was dependent on the agricultural sector. Agriculture contributed around 40 per cent of the regional gross domestic product (GDP). Meanwhile, in the activity phase, mining became the sector with the biggest contribution to regional economy. From its operation in Batuhijau, PT NNT contributed around 70 per cent of the regional GDP per year since 2001. In year 2000, the GDP had increased 170 per cent from its figure in 1999. However, due to its depleting reserve, PT NNT will finish its activity in Batuhijau by year 2015. Consequently, the Government of Sumbawa Barat Regency must develop other sectors in the post-mining phase to sustain economic development. Based on location quotient (LQ) and input-output analyses, Sumbawa Barat should develop its priority sectors, ie agriculture, trading and hotel, services and construction to achieve sustainability after mining life. Development of these non-mineral sectors is expected to sustain economic growth in the region.

Jan 1, 2008

Monazite sand is processed at the rate of 25-30 tons per week at Rare Earth Corporation of Australia's plant at Port Pirie. Main products are rare earth concentrates of cerium, lanthanum and yttrium. By-products are commercially pure water soluble thorium sulphate and tri sodium phosphate. The more recent developments in volume rare earth applications are Discussed.

Jan 1, 1972

This paper describes the mechanical and electrical maintenance activities as practised at Isa Mine. The principles of preventative maintenance adopted are described as well as the basis of maintenance cost control.

Jan 1, 1978

By C Fenton

The mining industry is a relatively minor user of water, which has historically been largely soured from private schemes. Frequently mines are often located in areas with limited available water resources. Water reform is increasingly affecting access to water for new mining projects and mining companies are being required to consider the value of water and the implications of reliability in their planning. This paper seeks to briefly review the water reform process in Australia and how it is affecting the mining industry with reference to some recent project experience.

Jan 1, 2003

The title of my address today is "Oil and Gas Valuations - A Simplistic View of Some Critical Issues". Alternatively I could have called this address "Pitfalls for investors' and corporates in accessing Independent Experts Reports" 'as in this brief 12 minute talk I will briefly comment on some common misconceptions with regard to the valuation of exploration areas and production interests, and comment on how the draft release guidelines address these issues.

Jan 1, 1989

A vital ingredient in ensuring that metals exploration companies, working in the developing countries of the Pacific Rim, support the development of national geologists is making such a learning program cost-effective. There is a wide spectrum of learning needed in the development of these explorationists: the technical and conceptual skills to carry out exploration efficiently, the professional and managerial skills to apply the exploration in the work situation, the personal attributes required to manage their exploration effectively, and a company organisation that allows them to learn and use these skills and attributes.

Jan 1, 1995

By Tooth MA

Mining, metallurgical and engineering consultants have made a considerable contribution to mining industry development in Australia. Expertise has been developed locally to a high level during the last decade which has contributed to the success of many recent mining projects. The services available'cover the whole spectrum from the evaluation of ore reserves, through feasibility study and financial evaluation to design, project management and commissioning. Using these services effectively and economically is an objective which client and consultant both must pursue but which is not always achieved. This paper discusses some aspects of the use of consultants which the experience of the authors has shown to be of prime Importance

Jan 1, 1975

Saxonvale mine is a multi bench open pit coal mine developed to its Stage I capacity of 1.75 Mt/y of run of mine coal. Detailed engineering studies for the mine commenced in April 1980, approval to proceed with the development was received in July 1980 and first coal shipments were made in April 1982. The engineering and project management of the mine development was carried out by BHP Engineering. This paper outlines the design and site administration for the development and describes both the organisation structure and the control and administration procedures used by BHP Engineering to ensure that the project was Successful.

Jan 1, 1983

By Willey GJ

A brief test program was undertaken to assess the viability of air-sparged hydrocyclone beneficiation at the Cadjebut concentrator. Three different process streams were processed (lead rougher feed, lead scavenger tail and `mine water' solids) in a small scale ASH unit (one litre volume, feed rate 1000 to 1800 kg solids/hour). Analysis of the concentrates indicated that ASH based flotation was successful, selective and capable of achieving improvements to the overall metallurgical performance of the concentrator. The flow regime inside the device accentuates the selective flotation of the finest particle size ranges generally not recovered to any significant extent in conventional mechanical flotation devices. The testwork proved that the ASH is a viable alternative option for increasing the flotation capacity of the lead beneficiation stage of the Concentrator.

Jan 1, 1993

By Ritchie I, Fleay J

The key issues in the conceptualisation and testing of treatment options for gold and base metals mineral processing projects are discussed. A prerequisite of this process is the need for close interaction between geologists, mining engineers and metallurgists to facilitate an understanding of the orebody based on the parameters impacting on each discipline. Typical testwork programs for unit operations, including comminution, flotation and gold processing are Described.

Jan 1, 1997

An extensive study was carried out to evaluate the performance of Outokumpu OK50, OK38 and Maxwell MX14 cells at ComincoÆs Red Dog flotation concentrator in Alaska. Tests were conducted by varying operating conditions of the cells installed in different circuits in the plant. The hydrodynamic and gas dispersion properties were measured and the metallurgical performance of the cells was evaluated for each condition used in the tests. This paper highlights the importance of superficial gas velocity, bubble surface area flux, gas hold-up, power consumption, residence time distribution and froth flow behaviour in optimising cell performance. The findings of these tests provide valuable insights into selection of the best cell operating conditions to optimise circuit performance.

Jan 1, 2000

Most of the world' s continental' shelves are .primarily . esozoic-Tertiary phexicmena. Those ,of south,eap- ern Australia are' no exception, although cam-plicated by possible TTmelon-seed" type block upthrusts in the region of the Bass Strait (e.g. King Island, Wilson's Promontory etc.) These terraces represent the progressive infilling and seaward. outgrowth of enormous volumes of tern g_enous sediments into the marine environment. Asa consequence they constitute the preferred habitats, of, petroleum.The Gambier ,sub-basin forms part of the southern Australian-continental terrace where it opposes the (3000 fathom), Jeffrey deep. The'purpose of'this paper is to discuss its nature, structure,_ and developmental history in re-lation to its oil prospects.

Jan 1, 1962

By Keast-Jones R

The relative merits of treating coal by flotation and spiral concentrators have been examined by tests on run-of-plant fines samples from three seams in the Wittingham coal measures of the Upper Hunter Valley. Flotation of the complete fines was found to be the most metallurgically efficient process with yields substantially superior to those obtained from treatment of only the deslimed fines. A strict comparison between spirals and flotation for the treatment of the deslimed fines was impossible due to differences in product quality. However, the results indicated that the performance of a flotation circuit would be equivalent, and sometimes superior, to that of a spiral circuit.

Jan 1, 1984

During its 60 years of existence the growth and development of Western Mining Corporation (WMC) has been greatly influenced by the men who led it. For the most part they, rather than any chance circumstances or good luck, determined the fortunes of the Company. This paper is essentially a series of biographical sketches of some of these men, together with a note of some of the major events which caused WMC to become the entity it is today.

Jan 1, 1993

Material sampling theory is well established in mineral process monitoring, improvement and control. It has been much enhanced by fundamental contributions due to Gy. When GyÆs sampling theory is applied to sampling inspection and monitoring, it provides estimates of average quality or extent of contamination. It also provides estimates of uncertainty, but these often ignore uncertainty in estimated variograms or other measures of variability. Risk assessment is often an implied task in sampling inspection and quality monitoring. A valid technique of risk assessment needs to take into account the uncertainty in the variational measures themselves. Standard statistical tolerance limit calculations which do take such uncertainty into account can be adapted to develop a technique for handling uncertainty in variational measures such as the variogram. Data from a published example is used to illustrate the technique.

Jan 1, 2005