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By B Wentzinger, Y Keulemans

This paper presents the results of a field study designed to assess the impact of vane rotation speed on the estimated undrained strength for two Australian bauxite tailings storage facilities. The vane test results are assessed against cone penetration and dissipation tests results to identify if partial drainage may be an issue. An innovative tool capable of measuring pore pressures during vane shear testing, the Piezovane™, is introduced as an improvement over the standard field vane to assess drainage conditions in real-time.

Jul 1, 2021

By D Fukuda, K Kaneko, R Kudo, J Kodama, Y Fujii, T Sasaki

"Estimation of stress state as well as elastic modulus is important for the prediction of a rock slope deformation in an open pit mine since it can strongly influence the mining-induced deformation of the rock slope. This study applies a method to evaluate regional stress state and Young’s modulus by analysing the mining-induced deformation of ground. The effect of changes in regional strain state due to tectonic plate motion can be accounted for using the proposed method. Mining-induced deformation can manifest itself as changes in ground surface geometry resulting from mining activity. There are three underlying factors that can contribute to the deformation: displacement induced by the effect of gravity displacement induced by the effect of horizontal regional strain incremental change in the horizontal regional strain. The relative displacement arising from the mining excavation at the Torigatayama limestone mine in Japan has been measured by Global Positioning System (GPS). Both the regional stress state and Young’s modulus were estimated by back analysis of the change in distance between GPS stations using a 3D finite element method. It was shown that the reliability of the estimation improved with an increase in displacement due to mining progression. It was also shown that values for Poisson’s ratios of less than 0.10 are reasonable estimates with values for Young’s modulus between about 5?GPa and 10 GPa. The magnitude and direction of the maximum compressive stress in the district surrounding the Torigatayama mine were estimated to be between -6.4 MPa and -4.4 MPa and around N25E respectively.CITATION:Kodama, J, Sasaki, T, Fukuda, D, Kaneko, K, Fujii, Y and Kudo, R, 2014. Estimation of regional stress state and Young’s Modulus of ground at Torigatayama Limestone Mine in Japan, in Proceedings AusRock 2014: Third Australasian Ground Control in Mining Conference, pp 135–142 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Nov 5, 2014

By D Lozada, A Salazar

Geometallurgy is a tool that, for more than a century, has been present in the implicit operations of mineral beneficiation. There’s a need to understand the characteristics of the material to be processed. This has led metallurgists to ask geologists what type of rock and mineralogy is entering the Beneficiation Plant and vice versa. The geologist needs to understand the beneficiation process in order to be able to carry out the production programming. The paradigm is whether geometallurgy can be applied to small-scale mining or if it is only aimed at large companies that invest millions of dollars to conduct studies. With this work, we provide an example of how geometallurgy can help improve the processes of a small mining company located in Ecuador (South America). We performed characterizations of geological and mineralogical and metallurgical tests in universities and the National Research Institute of Geological Metallurgical Mining. The origin of the theme is based on the fact that gold has been detected in the final tailings. The flotation concentrates meet the standards in terms of the content of economically profitable metals, but this isn’t the case with regards to the percentage of arsenic, which has hindered sales. The hypothesis is: conducting technical and scientific research will optimize the metallurgical process for the recovery of gold and concentrates. The referential framework is the mining geology of the Bella Rica District, current status of the Beneficiation Plant. In the theoretical framework there are parameters of the veins, comminution operations, gravimetric concentration, flotation, and cyanidation. The methodological framework contemplates the characterization of the gold ore, the chemical, mineralogical, textural, metallurgical analysis and the interpretation of the results. Thus, the design of a geometallurgy model of the deposit, with its main characteristics, is a conclusion that serves as a basis for the proposal of the optimization of the metallurgical process.CITATION:Lozada, D and Salazar, A, 2018. Geometallurgy applied to small-scale mining: a case study, in Proceedings 14th AusIMM Mill Operators' Conference 2018, pp 153–162 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 29, 2018

By B Howard, M Jones, D Pershke

"Current closure objectives and criteria are often difficult to achieve and are not delivering value for money outcomes at closure. Current mine closure processes tend to focus on rehabilitation and revegetation of landform structures to as close to premining condition as possible, rather than focusing on the functions of those structures and values they provided. Because mining has highly disturbed the environment, premining conditions and vegetation are often not achievable and objectives and criteria aimed at achieving close to these conditions have been shown to be very costly.The authors have developed a broader approach to developing mine closure plans that is based on environmental risk and gaining post-closure social, environmental and economic value. We think the focus should shift from trying to return the original landscape to returning functions and values provided on- and off-site. If it is not possible to return values on-site in a cost-effective manner, investment should be provided to deliver equivalent values elsewhere.This process can provide better stakeholder acceptance, deliver better environmental outcomes on the tenement and within the catchment and significantly reduce costs, whist fulfilling closure obligations.This framework should enable closure teams to: focus on the functions and services that are important to achieve as outcomes post-closure, rather than a focus on revegetation and replacing the premining biophysical structure engage meaningfully with stakeholders regarding closure outcomes and link outcomes to stakeholder values conduct transparent option evaluations that enable stakeholders to clearly understand the costs and benefits associated with each option and to participate in dialogue on option selection.We present examples of how the framework could be applied to identify alternate closure options that achieve equivalent value outcomes while reducing the costs of closing the mines.CITATION:Howard, B, Pershke, D and Jones, M, 2014. Achieving better mine closure outcomes for less money, in Proceedings Life-of-Mine 2014, pp 615–620 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Jul 16, 2014

By K Aikawa, M Ito, K Mitsuhashi, Y Ebisu, J V. Satur, I Park, N Hiroyoshi, T Suto

Copper concentration using flotation is becoming more difficult, because of an increase in ore complexity accompanied by smaller grain sizes of copper minerals than usual, requiring finer grinding in order to liberate them. Project Arqueros, located at the mid northern part of Chile, is a copper mine project with an orebody consisting of various sulfides such as chalcopyrite, chalcocite, and bornite. Some of the copper minerals in Arqueros show low floatability mainly because of their fine grain size and resulted fine grinding size, and also because of the complex mineralogical composition. For example, chalcopyrite in Arqueros floats less than the other copper sulfide minerals. In this study we carried out some kinetic flotation tests with the Arqueros ore using a laboratory-scale forced air type flotation machine by varying the regrinding size. The products were assayed and mineralogically analysed to compare the minerals in their flotation behaviour with respect to size classes and liberation classes. The results were compared with a model calculation according to bubble size measurement. From the flotation testing and mineralogical analysis, it was found that copper minerals of the same size and liberation class floated at the same rate even with different regrinding size. At the same time the comparison between experiment and calculation showed that the fine particles of less than 5 µm size floated faster in actual than in the model applied. These results suggested that interactions among minerals of different species and of different sizes had positive impacts on the flotation rate of the fine particles. It indicates that this phenomenon can be applied to improve copper recovery in the project.

Aug 24, 2022

By P Gomez, R Baumgartner, G Escobar

"The Cerro Corona mine consists of a Cu-Au porphyry deposit located in the Andes of northern Peru. The deposit comprises a typical Cu-Au multiphase porphyry mineralisation that has been overprinted by an epithermal event. This has generated a complex pattern of argillic alteration facies, which was accompanied by a locally structural-controlled Au-Cu mineralisation with the presence of gold and limited Cu sulfides and sulfosalts. These features, along with the porphyry-style mineralisation, produced a multifaceted occurrence of gold.Since the beginning of operations at Cerro Corona in 2008 there has been a continuous improvement of the geological and mineralogical knowledge. All mineralogical studies have mainly focused on host rock types and, to a lesser extent, alteration minerals, but little work has been done on the mineralisation itself. As a consequence, limited mineralogical information was available for use in the process optimisation initiatives.In the last two years, a series of mineralogical characterisation studies were undertaken with two main goals. First, to gain an understanding of the mineralisation genesis and second, to obtain a detailed characterisation of copper and gold minerals to support ongoing process optimisation. The first goal was achieved by conventional optical microscopy while the second required electronic microscopy and other microanalyses due to the necessity of quantifying several minerals of interest for the processing.The results were used to refine pre-existing geometallurgical domains, explain copper and gold losses in the flotation process and to some extent, improve copper and gold recoveries. The mineralogical characterisation is an ongoing work. Mineralogy provides the basis for any optimisation exercise since it looks in detail at the material to be treated and therefore, should be part of all geometallurgical programs.CITATION:Baumgartner, R, Gomez, P and Escobar, G, 2016. Comprehensive Mineralogical Characterisation at the Cerro Corona Cu-Au Porphyry Mine – the Fundamental Key for Geometallurgical Applications, in Proceedings The Third AusIMM International Geometallurgy Conference (GeoMet) 2016, pp 221–230 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Jun 15, 2016

By H Y. Niu

The coal left in the goaf is easily submerged by groundwater damage. During the mining process of the underlying coal seam, it is necessary to drain the water in the overlying goaf. The coal sample is prone to spontaneous combustion after being soaked in water and air-dried. To explore the effect of micro-functional group transformation of water-immersed coal samples on the spontaneous combustion characteristics of coal samples during the low-temperature oxidation process. Using the experimental method of infrared spectroscopy, the migration law of special functional groups under different oxygen concentrations of water-soaked coal samples was analysed. By means of thermal analysis, the endothermic and exothermic properties of the functional groups in the water-soaked coal samples were studied. The results show that: the higher the oxygen concentration, the more oxygen-containing functional groups in the water-soaked coal sample, compared with the 18 per cent oxygen concentration, the 14 per cent oxygen concentration has a small increase, and the chain length is shortened. The temperature increase together with the oxygen concentration content determines the functional group content, the pyrolysis process produces some functional groups. The lower the oxygen concentration, endothermic rate decreases and endothermic temperature increases, the higher the ignition temperature of coal oxy-combustion, the lower the total heat release, the higher the burnout temperature, and the faster the oxygen-absorbing weight gain and the conversion of functional groups. Below 14 per cent oxygen concentration, the oxidative combustion process will be greatly reduced. The results provide a theoretical basis for preventing long-term water-soaked coal body oxidative spontaneous combustion in shallow buried coal seams.

Oct 12, 2022

Barrick Gold Granny Smith Mine is currently undergoing conversion from an open cut operation to an underground mine at the Wallaby deposit. The underground project commenced in 2005 with the development of the reserves immediately below the pit and is now currently entering a production ramp-up phase for mining of these two initial surfaces below the pit. With increasing gold prices the owner has been forced to re-evaluate the underground project and has decided to investigate the potential of a deep level mine. This deep level underground mine presents a collection of challenges with the most notable being exploitation of a series of well separated near horizontal lodes ranging in thickness from less than 1 to 20 m. A variety of room and pillar mining methods are employed for extraction with careful consideration to resource recovery and pillar design for long-term stability. Compounding these deep level challenges is a need to accelerate mine level development to maintain the production profile of the mine. This paper describes the challenges, key learnings and outcomes of the studies undertaken to date associated with this project.

Jan 1, 2008

By B Washington, A Campbell, R Taylor

A sampling and measurement program was undertaken on the reaction shaft of the Olympic Dam copper flash smelting furnace. The object of the work was to provide information to validate a mathematical model of the burner and reaction shaft. Samples and measurements were undertaken through the burner inspection ports and the South East (SE) shaft sampling port about half way down the reaction shaft. Samples were collected to enable the calculation of particle loading of shaft gases, or sizing and chemical analysis of the partly-combusted feed, and the preparation of polished sections. Measurements were made of the temperature and sulfur dioxide content of the atmosphere, as well as plume velocity.To implement the program it was necessary to design and construct the following specialised items of equipment. For use at the burner inspection ports: a cup sampler for obtaining samples below the burners (temperature, solids loading and samples for characterisation).For use at the SE shaft sampling port and also at the settler level: trough sampler (plume definition and samples), isokinetic sampler (used as a velocity probe in this work), temperature probe (temperature traverses across the shaft), and sulfur dioxide probe (SO2 measurements across the shaft).The design of the sampling and measuring equipment is described, and examples are cited of the types of information obtained. The problems arising from working in a hot environment with molten or sticky particles are discussed.

Jan 1, 2005

By C M. Zammit, N Cook, F Reith, C L. Ciobanu, J Brugger

The role of biological agents in the gold mining industry is currently limited to the use of microorganisms in bioleaching and bioremediation. However, there is a variety of possibilities in which biotechnology could aid the mining industry in the future. In this article we discuss the potential for the development of these novel biotechnologies and the role they can play in the exploration for new gold deposits, the processing of ores and the post-mining remediation of sites. The development of these biotechnologies has been enabled by rapid advances in our molecular-level understanding of the role microorganisms play in the solubilisation, dispersion and precipitation of gold. An understanding of the distribution of microbial species in soils overlying mineralisation can be utilised to develop bioindicator systems that assist with gold exploration. An in-depth knowledge of how microorganisms interact with gold complexes is being used to develop in-field biosensors, supporting exploration. Processing technologies may be improved based on advances in our understanding of the interactions between microorganisms, ore minerals, cyanide and gold. For instance, cyanide-producing microorganisms are being investigated for use in in situ leaching of gold. In turn, the use of cyanide-utilising microorganisms for the degradation of cyanide is being explored. Combined, the implementation of these biotechnologies in the gold mining sector may revolutionise the industry, leading to greener, more efficient exploration for and extraction of gold.CITATION:Zammit, C M, Cook, N, Ciobanu, C L, Brugger, J and Reith, F, 2013. Possible future applications of biotechnologies in the gold industry - a prospective approach, in Proceedings World Gold 2013 , pp 233-244 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 26, 2013

New technology is a significant factor in the present upsurge in world, and Australian, gold extraction and production. The main technologies in current use for gold production are described, referring to overseas developments. Areas where existing techniques have shortcomings or new methods are needed are pinpointed and discussed. Much research work on gold metallurgy is under way round the world, and many new developments have potential. Many of the current research activities round the world are covering unusual and striking areas, with surprising results starting to come through. Some of the "blue sky" techniques reportedly under investigation are identified, together with consideration of when changes in technology are of value. The consequences of new technology for personnel involved in gold plant operations will be raised, including the new education now required.

Jan 1, 1986

By M Gerards, M Steinberg, T Graham

The quality and quantity of Australia’s secondary deposits, which include tailings streams and tailings dams, are higher than most countries’ primary deposits. In addition, these secondary deposits have already been mined and processed, meaning that the recovery of high-grade product requires low capital and operating costs.The most widely used process for the recovery of these valuable fine and ultra-fine hematite iron particles is the wet high-intensity magnetic separation technique, originally developed by Dr Jones over 55 years ago. Many of the original machines are still working today.The aim of this paper is to demonstrate the capabilities in terms of grade and yield of using sophisticated magnetic separation modules. All results and figures are obtained from test work and design and engineering work with material from the Pilbara. In addition, consideration is given to dewatering of iron ore product and tailings.Two types of tailings have been identified for processing. Firstly, tailings that have already been deposited in a tailings storage facility, and secondly, live tailings streams from an existing wet iron ore beneficiation plant. In both cases, the technical and practical results are shown along with relevant flow sheets and plant layouts. Finally, this paper highlights the total predicted power and water consumption, capital requirements and projected operating expenses.The results show that the operating costs are significantly lower than the mining and processing operations that are required for an equivalent amount of iron ore. The recovery of iron depends on various factors but is within the 30–50 per cent range at an equivalent grade to the mainstream product. Another significant benefit is that the magnetic separation process is water positive, meaning that water is released rather than added in the process.The processing of the Pilbara’s secondary deposits will therefore result in an overall reduction in operating costs, an increase in product yield from a plant, extend the life-of-mine and offer environmental benefits by reducing the tailings footprint and water usage.The quality and quantity of Australia’s secondary iron ore deposits and tailings are such that many other countries would judge these as equivalent to primary deposits. Furthermore, these tailings are already mined, available and liberated to such an extent that the recovery of a valuable product is highly economical in terms of capital expenses and operating expenses.CITATION:Steinberg, M, Graham, T and Gerards, M, 2015. Recovery of iron ore fines and ultrafines from tailings by using wet high-intensity magnetic separation – JONES WHIMS, in Proceedings Iron Ore 2015, pp 191–196 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By A Wanninayake, E Novello, I Gillani

A residue storage facility (RSF) was designed to cater for Davidson Creek Area and Robertson Range Area operations under the FerrAus Pilbara iron ore development project in the Pilbara Region, Western Australia. Annual ore production was about 15 million tonnes over a period of up to 15 years. The RSF was designed to handle a tailings production rate of 2.2 Mt/a over the project life with ability to be expanded at a later date. The composition of tailings was predominantly -45 ¦ material with some spiral reject material. The fraction of solids was expected to be between 40 per cent and 50 per cent solids by weight.The RSF was designed as an above ground storage facility, integrating with a mine waste dump planned close to the selected RSF site. This integration helped to increase the stability of the RSF embankment and to reduce the construction cost. The main source of construction material for the remaining part of the RSF embankment was selected to be mine waste. The RSF was designed to be constructed in stages by considering the availability of mine waste according to the mining schedule. The use of mine waste for construction of RSF embankments has several benefits over use of borrowed material. These include less construction costs and less disturbances to the environment, by minimising borrowed areas and waste dump footprints.CITATION:Wanninayake, A, Novello, E and Gillani, I, 2013. Effective use of mine waste in the design of a residue storage facility, Pilbara region, Western Australia, in Proceedings Iron Ore 2013 , pp 39-44 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 12, 2013

By P K. Wong, D A. F Oliveira, F M. Azad

In situations where foundation piles are located in proximity to existing or future tunnels, it is typical for the tunnel owner to require that sleeving of the piles be carried out to at least the invert of the tunnels to minimise any load transfer to the tunnel lining. In competent rock, this practice may be sometimes unnecessary, thus uneconomical. This paper presents an assessment of the effect of pile loading from one of the multi-storey buildings at Barangaroo South in Sydney on the adjacent future Sydney Metro tunnels. It was originally required by Transport for NSW (TfNSW) that the piles be sleeved below the tunnel invert level; however, the building developer wanted to reduce the pile sleeving depth to achieve a more economical solution due to the large number of load transfer piles being required for the project. To assess this feasibility, a full 3D commercial numerical code, FLAC3D, was used to carry out this complex soil-structure interaction analyses. Based on these assessments, it was demonstrated successfully to the TfNSW that the pile sleeving may be terminated at 2 m above the tunnel invert level. For this arrangement, the investigations found that the loading on the piles should have negligible adverse impact on the tunnel lining design. As a result of such an assessment, the proposed pile sleeving level was approved by TfNSW, thus offering an economical foundation solution for the project.CITATION:Azad, F M, Oliveira, D A F and Wong, P K, 2014. The impact of pile loading on adjacent metro tunnels – Barangaroo South, Australia, in Proceedings 15th Australasian Tunnelling Conference 2014 , pp 355–360 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 17, 2014

By A Van den Bulck, K Verbeken, O Vergote, I Bellemans

Viscosity is one of the most important physicochemical properties during pyrometallurgical operations. In the sub-liquidus regime, an important factor is the presence of suspended solid particles, yet its influence is not well-described in earlier literature, despite the significance of this factor. This project aims to determine the influence of spinel particles (Zn(Al,Fe)2O4) on the rheology of a multiphase synthetic PbO-SiO2-ZnO-Fe2O3-CaO-Al2O3 slag system. Three data sets with a wellcontrolled methodology and three different spinel sizes (small (13 μm), medium (34 μm) and large particles (76 μm)) were published previously, using a custom-built high-temperature rheometer. This study presents an additional data set of slag viscosity measurements, performed using a different apparatus, the Anton Paar FRS 1800, to verify the consistency of the earlier determined viscosity behaviour. Within this data set, no consistent trend could be found between the predicted wt per cent spinel and the relative viscosity. Therefore, additional quenching experiments were conducted to identify the morphology and experimentally determined volume fraction of the spinel particles in the slag. These measurements revealed a difference in spinel size across the samples and corresponding viscosity behaviour, emphasizing the importance of spinel particle size on slag viscosity. Once the spinel size was taken into account, consistent viscosity results (relative apparent viscosity and flow index) were observed across the two devices. This study confirms that, once all parameters affecting slag viscosity are considered, the viscosity behaviour of a heterogeneous slag can be uniquely determined. The resulting optimised slag viscosity models can be used to predict viscosity before processing, addressing relevant phenomena such as slag tapping, slag foaming and copper droplet settlement.

Aug 21, 2024

By P Fuller, A R. Penney

Re-commencement of mining in the Western Zone of Beaconsfield Gold Mine following a seismically-induced rockfall fatality in April 2006 required a change of mining method involving drilling and blasting from specially developed drives in the footwall of the orebody. Broken ore is mucked remotely from ore drives on each level. Support in the footwall drives is required to maintain stability during their development and as stopes are retreated, which increases induced stresses and further seismic events are triggered. The paper outlines the challenges involved and methods used to select the footwall drive support to handle both static and dynamic load demand. The importance of load development in the support system, its displacement capacity, the compatibility of support elements and energy absorption capacity of the support system are highlighted. It is usual in any support selection process to ensure that capacity exceeds demand to create a factor of safety. In this case the demands on the system relate to load, displacement and energy absorption and the support system capacity for each must ensure that appropriate factors of safety for each are achieved. The paper shows how these factors are not independent and that selecting a high factor of safety for load can lead to compatibility problems with support elements in the support system.

Jan 1, 2008

By Drinkwater DJ, Watsford RMS, Johnson NW, Munro PD

This paper describes the use of modelling and simulation techniques in the analysis and optimisation of grinding circuits at the Lead/Zinc Concentrator of Mount Isa Mines Limited.The objectives of the studies were to: -1. improve primary grinding circuit performance by reducing the production of -0.006 mm galena fines.2. maximise the fineness of grind in the second existing grinding power and pumping capacitie The study has shown that quantitative models can operations. The models described plant operation,,and simulated the effect of process changes on plant performanc The use of automated scanning electron microscope technology tcliberation characteristics of the major minerals in the Mount isa Lead/Li ore is also described.

Jan 1, 1985

By M Bond, R R. Hargreaves, G W. Booth

There are numerous causes of speculative mineral resource and reserve inflation. Traditionally, these are linked to issues of data accuracy or misinterpretation, the use of overly optimistic estimation parameters or assumptions, an absence of independent expert verification, or the simple pressure to increase company value, covert or otherwise. Owing to its subjective nature, classification of resources and reserves remains an opaque process. Of necessity, Competent Persons rely on personal heuristic interpretations, ideally underpinned by appropriate estimation and classification experience across commodity and deposit types. Whereas independent verification of individual resource and reserve statements remains impractical, publicly available data can be interrogated for potential category inflation, particularly when viewed with exploration expenditure statistics included in annual company reports. Abrupt changes in category tonnages and market capitalisation without concomitant expenditure can aid in outlier detection. Consequently, a comparison of common exploration and resource reporting parameters offers a basis for risk assessing classification robustness, over time. In this introductory study, an analysis of globally listed companies was undertaken over a multi-year period, examining base and precious metal projects in both preproduction and operational asset classes. From these, a series of exploratory decision tree trigger points were generated against which target companies were anonymously identified and risk-ranked.

May 24, 2023

By Gillies A. D S

The active history of foreign investment in the mining industry has resulted in Australia emerging as a major world producer of a range of mineral commodities. The current contribution to the national economy represented by mineral production and export revenues would not have occurred without both capital and expertise provided by foreign investors in the past. The initial foreign investment has led to the formation of Australian majority owned and controlled multi-national mining groups such as BHP Limited, CRA Limited and MIM Holdings Limited. These Australian companies, and others, are playing a significant part as foreign investors in the mining industries of Papua New Guinea (PNG) and Indonesia. The study examines issues of importance in foreign investment in each of the countries. It concludes that in Indonesia, the nationalisation of the Dutch mining industry in 1957 did much to deter foreign investment. The remarkable degree of policy stability brought about by the Contract of Works system since 1967 has gone a long way to restoring that confidence. The level of investment in the Indonesian mining sector is steadily increasing. Its attraction to Australian investors is a combination of policy stability, favourable fiscal terms, geological prospectivity for a range of commodities and proximity to Asian markets to the north. PNG has a stable policy regime which until recently has been free from political interference at the administrative level. As such, investors were developing confidence in the system and investment was progressively increasing as evidenced by growing exploration expenditures up to 1988. The 1989 Bougainville revolution caused a re-assessment of PNG's investment and country risk. The recent Mt Kare incident has further raised concerns over the government's ability to guarantee internal security. Foreign investors are faced with weighing concerns with the risks of operation in PNG against the undoubted geological prospectivity of the country. The fiscal regimes of Australia, Indonesia and PNG were compared by means of a simulated open pit gold mine in each country. The effect of taxation is examined by reference to the relative change in project internal rates of return (IRR). The comparison of the relative differences between pre-tax and post-tax IRRs provides a measure of the relative attractiveness of each fiscal regime.

Jan 1, 1994

The radiolarian biostratigraphy of the western part of the Gympie Province, north of Brisbane, has been examined. This part of the province comprises mainly the Amamoor beds and the Gympie Group, which have been assigned Permian ages on the basis of localised marine macrofossils. This study has shown that the Amamoor beds and the Gympie Group include older strata than previously supposed.The Amamoor beds consist of at least two tectonic units, namely a melange unit (unit A) and a well stratified sequence of sedimentary rocks (unit B). The former unit, regarded as an accretionary subduction complex, contains chert blocks ranging from Late Devonian to Earliest Carboniferous, while the latter unit yields Permian radiolarians. Latest Devonian to Earliest Carboniferous bedded cherts occur in sequence previously mapped as Amamoor beds and Gympie Group.

Jan 1, 1990