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Financial markets are subject to constant change and project finance, as a product within these markets, adapts and will continue to adapt with those changes. A meaningful discussion of these adaptations requires an understanding of differences between non-, limited and full recourse project finance. The reasons sponsors seek and lenders provide project finance are also pertinent in this context. Arranging a project, financing package can be a canplex and time consuming task. An important first step is choosing the right advisor for the assignment and then structuring and tailoring the financing before approaching prospective lenders. The last thirty years has seen changes in the needs of sponsors and the ability of lenders to meet them. These shifts in preference may well be a guide to the future. Several major project financings successfully canpleted in Australia in the last few years and more recent examples are broadly discussed. Project finance will be keenly sought in the future and the form and nature it takes will continue to vary.

Jan 1, 1983

By L H. Chapman, I J. Kelso, N H. S Oliver

Utilisation of modern 3D visualisation tools, can improve our ability to correlate between different datasets, and thus to produce more accurate geological models. Here, we present an application of such techniques to the Century Zinc Deposit, northwestern Queensland, Australia. This stratiform orebody is the second largest Zn resource in the world (167.5 Mt at 8.2 per cent Zn, 1.2 per cent Pb, and 33 g/t Ag). It is hosted in the Page Creek Syncline affecting Mesoproterozoic shales and siltstones of the Wide Supersequence of the Isa Superbasin. As in other deposits, (eg McArthur River, Lady Loretta, George Fisher and Dugald River), the mineralised sequence is bound by an important regional structure, the Termite Range Fault, which partly intersects the deposit along its Eastern side. This fault is thought have been active during sedimentation and probably also during mineralisation of the lowest part of the Wide Supersequence. The anastomosing geometry of this fault system and crosscutting relationships with other NE trending structures indicate that it was reactivated several times from Mesoproterozoic to at least late Devonian times (>1000 million years in total); as a result, the ore sequence is subdivided into several fault blocks.Using two different computer modeling packages (GOCAD and 3ds max), we have reconstructed and restored the stratigraphic horizon with the highest Zn content, realised a series of isopach maps for each mine scale stratigraphic unit, plotted the three-dimensional distribution of Zn, Pb, Ag, Fe and SiO2, and have begun to evaluate the degree of correlation between thickness changes and sulphide zoning. With this approach it is possible to better understand the timing of mineralisation from a genetic perspective, because the origins of the orebody are controversial. Three-dimensional reconstruction is a vital tool for identification of syn-sedimentary and post-sedimentary fault activity. In conjunction with sulphide precipitation, these are factors that greatly influence the stratigraphic thickness distribution. Post-sedimentary deformation can be recognised directly by core logging and pit mapping, but the effect of tectonic movements during sedimentation (growth faults in particular), that represents a substantial variable when we attempt to reconstruct basin evolution, is difficult to evaluate without this methodology. The 3D models improve our understanding of the local basin architecture, identifying similar grade characteristics at different structural levels and thus suggesting that much faulting and folding are post-mineralisation events. In addition, we identified several growth faults adjacent to thickened layers, representing two possible sedimentary depocentres. These thicker domains apparently relate to the highest Pb content. If further analysis of rocks, thickness and grade distributions support this preliminary correlation, then a syn-sedimentary model for mineralisation might be applied, and would contrast with the sub-surface model for mineralisation of Broadbent et al (1998).

Jan 1, 2003

By Giannini LM, Carras S

A fundamental problem in mine planning is that of determining the "optimum pit limit" of a mine. This optimum pit limit yields information which is considered essential in the evaluation of the economic potential of a mineral deposit, and in the formulation of long -, intermediate -, and short-range mine plans. Since the mid 1960's a number of mathematical techniques based on the "block model" have been proposed for solving this problem. When applied to large ore-bodies the implementation of these techniques, especially the more elaborate ones, poses considerable computational problems. In this paper we report on our work, done jointly with Systems Research Institute of Australia (SRIA), in devising strategies for overcoming these Problems.

Jan 1, 1986

By Stephenson IM

Research to develop the use of L.D.slag as an aggregate in road construc-tion is described. The chemistry and mineralogy of L.D. slags are shown to be generally similar to S. Yorkshire arc furnace slags, which have been success-fully used for road construction for many years, although both free lime and iron contents were found to be higher. Physical and mechanical properties are good but the slags' high density will result in lower "covering capacity"."Weathering" in stock piles is shown to significantly reduce free lime levels fairly rapidly although around 50 per cent of the mean "fresh free lime" content is still present even after two years treatment.

Jan 1, 1979

By Gomm SA

The Mount Tom Price Concentrator, which contains a heavy medium cyclone plant for beneficiation of the -6+0.5mm fraction of low grade iron ore, is described. Testwork was carried out on an opportune basis over a period exceeding twelve months, to evaluate the separation performance of the heavy medium cyclones. Plastic density tracers were used and ore samples were taken and analysed. The effect of operating medium specific gravity (S.G.) on the separation parameters, the iron grade of the sinks product, and the mass and iron recoveries were investigated. Also examined were the differences in perform- ance between particles of different size. The implications of the findings for plant oper- ation are discussed.

Jan 1, 1987

On Wednesday 11th November, 1970, a series of violent explosions occur-- red within No.1 Basic Oxygen Steelmak- ing (B.O.S.) furnace at the Whyalla Works of the Broken Hill Proprietary Co. Ltd., (B.H.P.) when the furnace was moved immediately prior to tapping. Water from a burnt out flux chute had flooded the bath while the furnace was tilted slightly towards the tapping side waiting to tap. Although no one was injured, dam- age in excess of $54 000 was caused to the hood and superstructure. The water hydrated the burnt dolomite refractory lining some of which sub- sequently collapsed exposing bare fur- nace shell over part of the cone.

Jan 1, 1975

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

Australia has been an important producer of zinc minerals and metal for many years.Late in the last century Edgar A. Ashcroft, a versatile and enterprising electrical engineer proposed the treatment of zinc rich ores by roasting, followed by leaching to extract zinc, purification of the solution and electrolysis of the purified solution to produce zinc. Residues from the leaching operation were to be smelted in a lead blast furnace to recover lead, silver and gold.Ashcroft (1897-98) and (1898) has.given us a most interesting record of the attempts made at the Sulphide Corporation's plant at Cockle Creek near Newcastle, NSW, to put his ideas into practice. In spite of the best efforts of all concerned, including the use of electrolysis of aqueous chlorides and sulphates, zinc could not be deposited consistently and the project failed although lead smelting continued until 1922 (Woodward, 1965, p. 158). Based on later experience with Broken Hill materials the presence of undetected cobalt in the solutions was the likely cause of the inability to deposit zinc (Kirk and Othmer, 1956).

Jan 1, 1985

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

Jan 1, 1987

Graded macadam slag base has been used successfully by the Department of Main Roads, N.S.W., in the construction of Expressways. However, the use of graded macadam in urban conditions introduces problems which can be avoided by the use of material meeting the specification outlined in M.R. Form 744. This paper outlines the rationale behind the technical requirements of the specification for the "Supply of natural gravel or crushed rock for road pavement (bitumen surfaced) M.R. Form 744". A blend of materials produced from slag is proposed as a potential solution for the production of slag base which would be suitable for use in urban construction or maintenance of roads.

Jan 1, 1979

By Holmes RJ, Sowerby BD, Watt JS

Major improvements have taken place in mineral and coal processing in the last decade. The development of nuclear on-line sensors that continuously analyse the material being processed has led to better control of metalliferous mineral processing and increased recovery of valuable minerals. The recent development of on-line techniques for analysis of coal is expected to be of similar Importance. Australian developments in on-line nuclear gauges are reviewed. These include systems for in-stream analysis of mineral slurries with comments on plant operating experience; on-line determination of ash in coal using low energy Y-ray transmission and pair production techniques; in-stream determination of solids weight fraction and ash content of coal in slurries with variable voidage; and on-line determination of moisture in coal, iron in high grade iron ores and sulphur in lead sinter.

Jan 1, 1986

Western Mining Corporation began shaft sinking operations at it's Foster orebody, south of Kambalda, on the 20th June, 1984. The top levels of the orebody are currently being mined via a decline some 1.5km away.Long term plans require the shaft and decline to combine and produce 400,000 tonnes of nickel ore per annum. Eventually all of the ore produced will be hauled up the shaft.The shaft is 4.5m in diameter and the target depth is 760m. Ground conditions to date suggest there will be no further need for concrete lining beyond the oxidised zone. As such, the sink is an open-shaft development in competent basalt rock. Shaft furniture will be installed on completion of the excavation to the target depth.This paper summarises the experience in the project to date, along with comparisons to conventional shaft sinking methods employed in previous years at Kambalda Nickel Operations.

Jan 1, 1985

By I Gipps

The mining industry has come through a period of major change in community expectations regarding safety and environmental impact and these changes can be expected to continue in the future. These changes are ultimately reflected in Government regulations and industry safety standards and form the basis of the ælicense to operateÆ. Equally, advances in technology have made possible new equipment and processes either available now, or close to completion, that will allow mines to meet these more stringent expectations if properly introduced. Changes in technology provide opportunities for mine management to introduce new systems that will remove people from hazardous areas and lead to improvements in the ætriple bottom lineÆ. In a longer time frame of five to ten years, novel and advanced technologies that are currently being developed will deliver new mining methods and conversion of presently uneconomic resources to ore. This is consistent with the time frame required to develop a new mine from discovery. Strategic decisions can be taken now by mine designers to enable the introduction of these major technology changes. Examples of both practical and strategic opportunities are drawn from the integration of rock cutting/blasting, automation, electronic communications and new mining methods. This paper discusses emerging industry trends, changes to legislative framework and some practical choices for existing and imminent technology.

Jan 1, 2003

By Butler I. K, Nicholson P. M

There are four main types of base metal and gold mineralisation recognised in the central Pine Creek Geosyncline. These are stratiform, polymetallic veins, stockwork/concordant gold-quartz veins and unconformity related uranium-gold-platinoid mineralisation. The stratigraphy of the central Palaeoproterozoic Pine Creek Geosyncline has been simplified into three groups comprising the Batchelor, Frances Creek and Finniss River Groups in ascending order. Stratiform mineralisation occurs within the Frances Creek Group. The earliest mineralisation is found adjacent to circular faults ringing basement highs. Higher in the stratigraphy, stratiform mineralisation is often associated with zones of high compression in the vicinity of basement highs. A synsedimentary-diagenetic origin for stratiform mineralisation is proposed. Polymetallic vein mineralisation occurs within the Frances Creek and Finniss River Groups. Its composition changes systematically through the stratigraphy similar to the stratiform mineralisation. The mineralisation is structurally controlled and usually occurs in the vicinity of basement highs. Stockwork-concordant gold-quartz vein mineralisation is hosted by the upper Frances Creek and Finniss River Groups. It occurs within compressional zones and along the Pine Creek Structure corridor around, above and particularly between basement highs. Mineable reserves occur in thick continuous semi concordant quartz-sulphide veins and/or stockworks. Unconformity related uranium-gold-platinoid mineralisation shows a close spatial relationship with the Palaeoproterozoic/Mesoproterozoic unconformity. The mineralisation is localised by structures formed during Mesoproterozoic deposition and is commonly adjacent to Archaean basement or its remobilised equivalents. The type of mineralisation (stratifom/polymetallic vein) is a reflection of local stress regimes, structure and physio-chemical conditions. An initial phase of stratiform mineralisation is postulated to have occurred with the first significant marine transgression in a tensional regime. A second phase occurred later during a compressive regime. "Ihermochemical sulphate reduction of mineralising fluids by hydrocarbons is invoked as the precipitation mechanism for the polymetallic vein type of mineralisation. Hydrocarbon generation is postulated to have occurred within the Frances Creek Group, in many places contemporaneously with the movement of mineralising fluids and basin compression. Polymetallic veins formed from the interaction of mineralising fluids and hydrocarbons which were trapped in suitable structures. An abundant, continuing supply of hydrocarbons was necessary to form significant deposits. Where these conditions were not net, the mineralising fluids largely continued their ascent to the near surface environment to form stratiform deposits. The stockwork/concordant gold-quartz vein mineralisation is a later event and occurred during the relaxation of compressional defonnation after deposition of the 1-inniss River Group.

Jan 1, 1994

By Liu Wenyong, Huang Yucheng, Yang Ba

High-water rapid-solidifying material, called æhigh-water materialÆ, is a new material developed by the authors over many years. The material can solidify nine times its volume of water into solid. The material is a fine kind of binder with special properties. The solidifying body of high-water material with water has quite a high early strength. The compressive strength of the material within three days can reach the same strength as conventional Portland in 28 days. One ton of the material can replace three tons of conventional Portland cement as binder. Some important achievements have been made in application of high-water material. In metal mines, based on the material, a new full-tailing cemented backfill technology has been developed. The characteristic of the new technology is that high-water material is used as binder and full tailing or alluvial sand is used as backfill aggregate. Because of the application of the new technology, major technical problems in backfill technology such as classifying of tailing, dewatering, transportation of pulp, low strength of backfill body, environmental contamination and so on, have been solved.

Jan 1, 1998

By the 1990's Australia could be the largest coal exporter in the world and one of the few industrialised countries potentially able to supply the shortfall in its domestic oil requirements by utilizing its oil shale and coal resources to manufacture synthetic oil. The major challenge to both industry and government in implementing the new role for Australia will be to ensure that their actions and policies enable the timely mobilization of resources needed to meet the potential demand for energy, both domestic and overseas. Australia's potential for coal production and exports and for the production of oil from shale and coal are discussed and the potential constraints to development Examined.

Jan 1, 1981

By Ellis CG

The N.S.W. Department of Mineral Resources commissioned its first Mobile Gas Laboratory in 1973.Although originally intended for diesel exhaust analysis, it has been progress- ively made more suitable for mine air analysis. Currently there are two upgraded units in operation. These laboratories have been used at the scenes of four mine fires, two mine explosions and three recovery operations. The authors' experience jointly covers all of these incidents. In this paper they recount the role of the Mobile Laboratory in each incident - including the difficulties encountered - and trace the development of these units to their present state. Future improvements are foreshadowed, and some comments offered concerning the likely future role of these vehicles in mine Emergencies.

Jan 1, 1981

By Gluch KD

The current Mining Act has been the mechanism for administering and encouraging the State's mining industry through the 1970's up to the present. Although it has been subjected to considerable amendment there continues to be judicial challenge as well as criticism in relation to ambiguity of interpretation. Expansion of the mining industry and pressures placed upon "it by the ever increasing interaction with other land users have highlighted deficiencies in the current legislation and the need for a strong and progressive Act covering the rights and obligations of miners and their relationships with those outside the industry. - It is considered that the most positive results can be achieved by a complete redrafting of Queensland's mining administrative legislation.

Jan 1, 1987

What is `environmental risk'? There are two possible perspectives: (a) The risk that mining activity will have an impact on the environment. (b) The risk that due to a perceived impact on the environment, the mining activity is at risk due to some legal consequence. This paper is concerned with the second of these perspectives, and particularly with the way in which mining companies can manage that risk. Environmental risk - possible legal consequences The risk is that the mining operation will be disrupted. Disruption may be: (a) Physical. The mining activity can be stopped, altered, or modified, or something additional can be required to be done. (b) Financial. Penalties (up to $1M) on corporations and in some states on both directors and managers. Land may also be included on a contaminated land register (significant impact on asset valuation).

Jan 1, 1994

In this year marking the centennial of the Geological survey of Western Australia, it is appropriate that we should review the value of the contribution of the Survey, and Australian Geological Surveys in general, to the exploration industry. Most geological surveys in Europe and North America had their origins in the first half of the 19th Century when the burgeoning Industrial Revolution was demanding the identification of new sources of coal and iron ore. Australia, as a young nation, essentially dependent on an agricultural and pastoral industry, and with already discovered vast coal resources in Eastern Australia, had, no great need to explore for new mineral resources. However, with the discovery of gold in 1851, the mineral potential of the country became apparent to the whole world and the first Geological Survey in Australia was set up in 1852 in Victoria under A.R.C. Selwyn. After a number of false starts all Australian States had an established Geological Survey by 1900. It is hard to assess the contemporary value of the early work of the Geological Surveys with respect to exploration, almost all major mineral discoveries were made by prospectors and most mining companies had little time for geologists - although the Chamber of Mines in Western Australia in 1910, did recommend that the Geological survey be granted an additional ten thousand pounds over two years to map all existing goldfields and the country between them, and produce a reconnaissance map of the area east of a line between Wiluna and Edjudina as far as the South Australian border!

Jan 1, 1988