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By Hochwimmer B, Baxter JL

Heavy minerals are mined from two fossil strandlines on the southern Swan Coastal Plain. The Capel shoreline, 7 km inland, and the Yoganup shoreline, 15 km inland are arcuate, northwest-facing, and remote from the modern coast. Based on foraminiferal and molluscan assemblages, the shorelines are probably of Pliocene age. The Yoganup shoreline is adjacent to the Whicher Scarp, which is cut into the Leederville Formation (Lower Cretaceous) at the southern boundary of the Swan Coastal Plain. Stratigraphic relations and detailed sedimentology have been studied from temporary exposures in the Yoganup Extended and Yoganup North mines, within a strandline complex at 27 m and 18-33 m above sea level respectively. Heavy minerals were deposited in thin, shallowing-upward sequences along a wave-dominated clastic shoreline cut into pre-Cainozoic sediments. Lithofacies units deposited in eolian, foreshore, shoreface and lagoonal environments are the most significant sites of heavy mineral accumulation. The data collected provide a basis for further exploration.

Jan 1, 1986

By E Nettleton, A Melkumyan

A probabilistic system for autonomous tracking of excavated ore in mining would be highly valuable. Currently, mine sites can have a vast array of sensors; examples include excavator load cells, bucket volume estimators and haul truck strut pressures which can be used to gather information about the excavated ore at different locations. These sensors can be utilised efficiently to increase the accuracy of mine estimates by introducing a real-time ore tracking system. This requires the introduction of a probabilistic ore tracking framework to consistently fuse information from any sensor input. Current modelling practices are manually intensive, deterministic (no recognition of the quality of data) and generally not a complete end-to-end system. This paper will provide a novel method for tracking extensive ore properties (mass, volume) and intensive ore properties such as chemical composition (eg Fe per cent, SiO2 per cent, Al2O3 per cent). This method is proved to ensure that correct correlations between states are conserved as material is transferred, combined and/or separated at different locations with any configuration of sensor inputs. This ensures that consistency of estimates is maintained and other benefits such as real-time probabilistic reconciliation can be implemented. A method for combining material of different mass and chemical compositions is also developed to enable accurate and efficient operation of the system. Representative experiments on a small-scale and a larger field trial which mimic the mining processes of excavation, haul and unload to ROM Stockpile will be used to verify the approach.

Sep 26, 2011

By D Moy, T Carter

This paper outlines the feasibility assessment conducted to explore the possibility of constructing two submarine water supply pipelines beneath the Ma Wan Channel in Hong Kong using either horizontal directional drilling or tunnelling. The Ma Wan Channel is a major shipping channel in the Northwest New Territories, which separates Ma Wan Island from the mainland. The challenges faced by the projectÆs designers included space limitations on either side of the channel, marine department restrictions on construction activity within the channel and selection of a suitable crossing alignment and profile given the channelÆs depth, irregular sea floor topography and complex geology. The existing geological information indicated the proposed alignment would cross granitic and volcanic formations, which would likely be faulted. The primary concerns with horizontal directional drilling were:the length, diameter and depth of the crossing were at the limit of precedent experience in rock; the lack of available space at both the entry and exit sites; and whether the technique would be flexible enough to cope with the anticipated range of ground conditions. The primary concerns for tunnelling were: the possibility of encountering large inflows of high pressure groundwater; andthe possibility of encountering disturbed ground within the fault zones which could flow if not properly treated. As a means to evaluate and mitigate these technical risks for both construction options, a directionally drilled pilot hole was used to investigate the ground conditions along the proposed pipeline alignment. The pilot hole results indicated that either directional drilling or a closed face TBM drive were technically feasible crossing options at a crossing depth of 80 m. The results also indicated that either an open face TBM or a drill blast drive would need to be constructed at much greater depth because of the presence of highly permeable, disturbed ground in mid-channel at this crossing elevation.

Jan 1, 1999

By J M. Parr, C J. Yeats

Discovered in 1991 by combined plume detection and bottom-tow photography (Binns and Scott, 1993) and for some years thereafter the highest tenor mineral occurrence known on the ocean floor, the PACMANUS hydrothermal field has since been surveyed and sampled in great detail by CSIRO and international research agencies (Binns et al, 1995; Auzende, Urabe and Scientific Party, 1996; Binns et al, 2002; Tivey et al, 2006). Since 2005 commercial surveys employing deep-tow geophysical packages and remotely-operated vehicles (ROVs) have been conducted by Nautilus Minerals Inc and partners within Papua New Guinea-granted offshore exploration licenses (Nautilus Minerals Inc, 2008). Two academic drilling programs have been conducted, one under the international Ocean Drilling Program (ODP) directed at deep structure (Shipboard Scientific Party, 2002; Binns, Barriga and Miller, 2007), and one using a 5 m capable seafloor diamond drill to investigate the immediate subsurface at one site (Petersen et al, 2005). An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation.

Jan 1, 2008

By BTrubT M

In the roast-leach-electrolysis process for the production of zinc, iron contained in zinc concentrates is converted to zinc ferrite during roasting. At Canadian Electrolytic Zinc (CEZinc), the Outokumpu Conversion process is used to simultaneously leach zinc ferrite and precipitate the iron as jarosite. These simultaneous reactions, while providing good process stability, require a compromise between optimum conditions for maximum zinc extraction and efficient iron precipitation. An improved conversion process has been identified which can achieve >99 per cent zinc extraction and more efficient jarosite precipitation to residual iron concentrations of

Jan 1, 1993

By J-P Franzidis, M Esvelt, E V. Manla

The Floatability Characterisation Test Rig (FCTR) is a self-contained, highly instrumented, mobile pilot plant that is able to treat up to 2 tph solids. It consists of a bank of six 130 L WEMCO« SmartCells« and a bank of six 50 L WEMCO« SmartCells«. It was developed as part of the AMIRA P9 Project, primarily to determine ore floatability characteristics and to develop and validate flotation plant modelling, scale-up and simulation methodologies. However, it may also be used to carry out pilot-scale flotation test work. This paper briefly describes the circuit modelling, simulation and scale-up test work performed using the FCTR and the use of the FCTR in pilot-plant test work performed by the metallurgical staff at WMCÆs Kambalda Nickel Operations and Mount Keith Nickel Operation. At both Kambalda and Mount Keith the FCTR was found to be very flexible and straightforward to run, with an easily changeable circuit configuration and stable operation. Testwork was facilitated through having full stream sampling on all streams, and a high degree of instrumentation providing accurate measurement of process variables. The results obtained from the FCTR testwork were highly repeatable. As a consequence of using the FCTR, WMCÆs Kambalda Operation and Mt Keith Operation were able to complete a rigorous programme of pilot plant testwork more quickly than in the past, and with a high degree of confidence in the results.

Jan 1, 2003

By G P. S Resende, D E. G Oliveira, E A. S Baeta, T F. Bravin

There is currently in the mining industry, as well as in other industries, a movement seeking to increase investments in decarbonisation processes to help combat global warming. Among some initiatives taken is replacing diesel-powered mobile equipment in the mines with electricity-powered equipment, such as electric off-highway trucks or even belt conveyors in the mining operation. Samarco is a Brazilian mining company that since its conception has used a conveyor belt mining system in its mining operation, using only a small number of trucks to complement the mining process. This mining process that combines conveyor belts and trucks has brought environmental gains for the company since the environmental impact of conventional truck-only mining is greater than that of the combined system. To measure these gains, a medium-term mining plan was developed in which two fleet scenarios were detailed. One scenario contemplated a high level of detail of belt mining seeking its maximisation, while the other considered the operation performed 100 per cent by trucks, eliminating the use of conveyor belts. Through the comparison of these two scenarios, it was possible to make an inventory of atmospheric emissions and greenhouse gases for each one of them considering data such as types of equipment, diesel consumption, total distance travelled and energy consumption. The results showed that the fleet scenario with conveyor belts results in periods with up to 15 per cent less greenhouse gas emissions and 37 per cent less total particulates compared with the truck-only scenario. Therefore, the results confirm the environmental benefits of the method and the need to look for ways to even expand it in future operations through a study to identify the potential areas in the long-term mining plan.

Sep 18, 2023

By Jensen B, Ofori P, He Y, White E, Stanmore B, Brien M, O&apos

As part of a large AMIRA project, an on-line moisture meter was installed at two mine sites in Central Queensland. This project investigated the factors which control the moisture content of coarse (>0.5 mm) coal from the centrifuges used in conventional coal preparation plants. It was placed immediately after the first centrifuge to isolate the factors pertaining to one machine and its feed.The meter was found to be accurate and precise when compared with manual and mechanical sampling methods. The Grubbs estimator technique indicated that its precision is better than 0.3 per cent at the 95 per cent confidence limit.It has been identified that:1. the variability of the measured moisture contents of coarse coal can be described by normal distributions. Standard deviations of about 0.6 per cent are common; and2. the treatment of the coarse coal on the drain and rinse screens immediately prior to the centrifuge can affect the final moisture content.

Jan 1, 1995

Kambalda Nickel Mines (KNM) currently have eight operating underground mines, three on care and maintenance and other orebodies at various stages of development. Each operation differs greatly in scale, ore grade, milling characteristics and cost structure. The optimum number of mines operating at any one time and their level of production, within the constraints of mill blending requirements and overall mill capacity, is the key to maximising profit in a climate of fluctuating nickel price. Cost models are developed for each mining operation which relate ore tonnes mined to total cost per pound of nickel produced from that mine. Aggregating the mine cost models provides a composite cost model for the entire operation. The cost models provide the operating levels necessary for each of the mines and hence Kambalda as a whole, to operate at the lowest cost per pound of nickel produced. However, lowest operating cost does not necessarily lead to maximum profit. The level of nickel price above operating cost can dictate maximum profit positions which are contrary to the lowest cost position. In addition, the decision to temporarily shutdown mines or reopen mines in response to nickel price movements comes at a cost. In considering the optimum operating position, the price of production capacity flexibility needs to be taken into account. This paper describes the process used to assess all these factors in arriving at the optimum operating position for Kambalda Nickel Mines for varying nickel prices. The same methodology can be used by corporate management in managing multiple mine sites as well as mine management managing multiple orebodies or stoping blocks for maximum profit.

Jan 1, 1995

By S Amor, A Beasley

This paper provides an example of how industry can respond to the implementation of new regulatory approaches to mining risk, health and safety by adopting a robust, practical, software-based approach to the management of risk accountabilities in terms of competence, experience and suitability for obligations and responsibilities, as required in Queensland Coal Mining operations due to the introduction of Recognised Standard 22 (‘RS22’; Resources Safety and Health Queensland, 2021). Based on the authors’ experience from working with several Qld mine operations, it offers a snapshot of the experiences, approaches and reservations faced collectively by industry as a result of the introduction of RS22. Several challenges exist within the detail of RS22, leading to varied interpretations, implementation strategies and overall compliance between mine sites. Arguably the single biggest challenge identified has been how to find a balance between compliance and practicality – considering cost, operational interruption, available pathways for delivery of competence, ongoing compliance and value adding to the business operations and people. Software-based solutions are increasingly being relied upon to address the introduction of new regulatory approaches and the significant administrative load placed on mining operation Site Senior Executives (‘SSE’) due to RS22 means this case is no different. This is further complicated given the continuous, ongoing changes with the site management structure witnessed by the authors across each of the mining operations as a result of continuous changes to personnel, the site risk profile and an overall mining industry uncertainty of how to respond to RS22. The stringent reporting/notification requirements under legislation compounds this further. The approach put forward by the authors is a well-considered rationale and approach to the application of training and skilling; and equally how to ‘future proof’ the coordination of site training needs around changes to the Management Structure, the Risk Register, skilling processes and succession planning. A brief investigation of other legislative frameworks concluded this approach would likely meet or exceed expectations of jurisdictions across Australia and overseas, making this a highly flexible approach for establishing a competent Management Structure to provide safe systems of work.

Apr 16, 2024

The Warraua and Mount Poole Inliers form part of a discontinuous series of basement complexes in the northwestern corner of New South Wales. The Inliers comprise mainly clastic sediments of low metamorphic grade (Wonominta Beds) and minor sills, dykes and intrusives, particularly within the Mount Poole lnJier. The Warratta rnlier has received attention due to the occurrence of auriferous quartz-veins where reef mining activities havetaken place.The deformational history of the Warratta and Mount Poole Inljers is characterised by a continuous subhorizontally WSW-ENE directed compression. Deformation was associated with the development of NNW-trending and steeply west-dipping major faults, which bound or biscct the inliers. Chevron folds and a penetrative axial planar cleavage characterise the deformational architecture and document crustal shorterung of at least 40 per cent. In zones adjacent to the major faults and within pelitic and semi-pelitic uruts, a multiple deformational evolution becomes apparent, comprising two events (D1 and D2). Deformational structures considered significant in this study were the result of D1. Tight, northeast-vergent fold patterns FI' and associated axjal plane cleavage SI' and reverse dip-slip movements at major faults indicate early northeast-directed thrusting during D1. This was followed by dextral strike-slip deformation displayed by tight, recumbent folds, en-echelon fold patterns (F2'), a northeast trending crenulation cleavage (52'), and two sets of second order faults, the latter showing high angular relationship to the major faults. A final stage of the deformational history (D2) is represented by WSW-ENE trending kink folds (F2).Auriferous quartz veins, predominantly occurring within pelitic and semi-pelitic units, were generated syntectorucally during the early deformational event (D1) in the course of commencing development of cleavage (S2'). Vein textures point towards vein formation by repeated hydrauJjc fracturing and fracture healing (crack-seal process), and by simple accretionary vein growth. Folded pelite-dominated horizons, considered as low permeability units, are suggested preferential sites where migrating metamorphic Ouids pooled and were trapped, causing high fluid pressure.Hydraulic fracturing and vein precipitation was controlled by lithology and structural constraints such as cleavage.K-Ar dates of approximately 440 Ma (Benambran Orogeny) marking the peak of metamorphism, and coinciding with the development of cleavage S1', also indicate the time of auriferous quartz-vein formation. A period of deformation of at least 30 Ma is proposed for the development of cleavage S1', as constrained by K-Ar dating and the intrusion of a syntectonic granitoid, the Tibooburra Granodiorite.

Jan 1, 1992

The Woodcutters deposit, 65 km south- southeast of Darwin, N.T., consists of a series of veins of pyrite, sphalerite, and galena with some silver, cadmium, antimony, and arsenic minerals. The veins are hosted by the Early Proterozoic Whites Formation, a sequence of black slates with interbedded carbonate rocks and minor ash tuffs. The known orebodies occur about 300 to 500 metres above the contact of Whites Formation with the underlying Coomalie Dolomite, which consists of dolomite and magne- site. The stratigraphic setting is lithologic- ally similar to that of the Mt. Isa deposit, Queensland. The orebodies are replacement veins occ- urring along fault and dyke structures which are sub-parallel to the axes of a double-nosed faulted anticline. The orebodies are in part associated with two unusual carbonatized lam- prophyric dykes. The dykes were intruded after the fold and its slaty cleavage were formed. The ore has replaced the dykes and host rocks and is therefore late-stage hydrothermal miner- alization. The known orebodies are open at depth. A "bonanza" of high-grade ore occurs at the upper part of the largest orebody and is currently the subject of an open cut mine planning study by a consortium of companies headed by Nicron Resources Ltd.

Jan 1, 1984

By A Grant, H Thomas, C Clarke, B Fuller

Native seed and plants are often a core input into the rehabilitation process of mine closure. Native plant establishment rate and performance is a function of many input elements including seed quality (purity and germination percentage), processing, treatment, storage, supply chain handling, application and ongoing management. Traditionally native seed has been supplied with very limited supporting information which in some cases has led to establishment failures, repeated attempts at successful plantings, and biosecurity issues, leading to increased rehabilitation costs for mining companies. Product procurement scrutiny, and sustainability credential requirements, in all supply chains is increasing the need for transparent, accurate, verified, and certified information. This collectively continues to evolve towards a social license to operate in all industries, including mining. The Australian Seeds Authority (ASA), in partnership with native seed supplier AustraHort, traceability software company Trust Provenance and supporting partners including Transport for NSW and Queensland Transport and Main Roads (TMR), were recipients of a DAWE National Traceability Grant. The project team has developed a framework and traceability software platform currently being piloted within the Australian native seed industry. The framework and platform allow for all critical-tracking-events along the journey of a native seed batch to be easily captured utilising a smart phone application (APP) and the global standard for data capture. The platform provides a unique identification for each batch of seed and critical tracking event. The batch ID belongs to that batch and all supply chain stakeholders can contribute to batch traceability by providing more information/data to increase information integrity. This gives the end user, and other stakeholders, increased levels of trust in the product to support value, increase efficiency and reduce costs. For mining companies these efficiencies and cost reductions are in the form of information availability across site/company, potentially improved vegetation establishment, less rework and efficient monitoring. Ultimately this contributes to safe, stable and sustainable rehabilitation. By capturing data on harvest, logistics, storage (including temperature and humidity), aggregation/blending, treatment, application and ongoing management, the native seed industry and end utilisers of native seed have a greater level of product integrity, brand integrity and information integrity.

Aug 2, 2023

By A Campbell

Open pit blasting at Ernest Henry Mining has the potential to cause damage to nearby underground workings. This paper is a case study of the blast vibration management project that was conducted to ensure open pit blasting did not adversely affect the stability of upper production levels or cause damage to the underground primary fan units. The two upper levels of the underground mine surround the lower portion of the open pit mine. The remaining underground mine workings are directly below the open pit mine. This paper details the process developed to prevent open pit blasting causing excess vibration in the underground mine. Measurement of test blasts combined with historic blast monitoring data was used to determine site specific blast vibration parameters. Threshold vibration levels for blast-induced damage to underground drives and the fan chambers were developed from benchmarking and non-linear numerical modelling. A Monte Carlo simulation model was used to predict vibration levels in critical underground areas. Blasts predicted to exceed maximum vibration levels could then be redesigned to avoid damage.A scale distance law for determining peak particle velocity (PPV) from the distance and charge weight of blasts was developed. Underground observations were used to develop a site-specific relationship between PPV and ground support/rock mass damage. A Monte Carlo superposition prediction model was developed and compared to measured data to refine input parameters. Standards for redesigning open pit blasts in order to reduce blast vibrations whilst minimising impacts on productivity are described. Non-linear numerical modelling was used to establish the dynamic capacity of the fan chambers, and set a PPV of 250 mm/s as a threshold for damage. The numerical model captured the full dynamic behaviour of the fan chambers and installed support, including transient stresses, strains and induced damage, when subjected to a simulated open pit blast.This case study also outlines a procedure for monitoring and predicting blast vibrations at other mine sites where open pit blasting has the potential to impact on a nearby underground mine.

Nov 8, 2011

By M Wortley, J Korteniemi, D La Rosa, L Rajavuori

Geometallurgical modelling of an orebody provides benefits to a mine by gaining a better understanding of the ore characteristics and how they affect the performance of the concentrator. With this knowledge, plant operating conditions can be adjusted to optimise throughput and recovery in advance of the arrival of particular ore types. Therefore, it is extremely important that the origin of the ore being processed is known as accurately as possible. Depending on the homogeneity of the ore characteristics, reliance on assumptions about stockpile residence times, scheduling and material handling can render the best geometallurgical models useless.The solution adopted at Agnico Eagle’s Kittilä mine was to utilise Metso SmartTags™ and in-house expertise to develop a system that continuously and accurately links geotechnical and lab data from the mine to the performance of the plant. This application presented several unique opportunities and challenges. For example, this was the first installation of a SmartTag™ system for geometallurgical modelling in an underground mine. Challenges included the fact that the system installation is routinely subjected to temperatures below -20°C.The system was installed and commissioned in early 2013 and has been operating continuously since. Kittilä has begun to see the benefits of the system, with an increased understanding of how different ores are processed in the concentrator. Other advantages include the ability to alert operators about the arrival of difficult ores and a better understanding of the ore handling systems.This paper describes the installation and use of the system at Kittilä and details some of the geometallurgical relationships that have been developed using the data collected so far.CITATION:La Rosa, D, Rajavuori, L, Korteniemi, J and Wortley, M, 2014. Geometallurgical modelling and ore tracking at Kittilä Mine, in Proceedings Orebody Modelling and Strategic Mine Planning Symposium 2014 , pp 291–298 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 24, 2014

By Gabriella Mendez

Worthy of note in Miss Bailey's paper are her comments on the attitudes of mining companies and their managers where women were employed, she says, "..another possible pitfall is reverse discrimination where in an effort to avoid being branded as having shown a person favouritism, supervisors end up treating the person in a manner much less than they deserve. This is manifested in denying an employee such things as challenging work, educational opportunities, promotions, or in the case of staff, fair merit increases." and further she says, "It has been observed that the treatment of women in non-traditional roles such as mining is different than for men in the same environment. There are people who treat women worse and some who treat them better simply because they are of the other sex." These statements may sound unjustified to today's audience, and whilst we need to credit pioneering women with having tolerated, understood and worked towards improving the mining culture, the move towards total inclusion of women in the workplace is still growing.

Jan 1, 1995

By M Nagarajan

Orica Mining Services (Orica) in partnership with Coal and Allied’s Hunter Valley Operations (HVO) has developed a risk management process to maximise mining efficiency whilst controlling vibration and maintaining critical electricity continuity to New South Wales (NSW) electricity grid in the Riverview Pit. The issue is a high tension tower which supplies electricity located within 40 m of mining and blasting activities. The process involved developing an understanding of the relationship between vibration, explosives, geology and the location of the blasting in the geological horizon. From this an optimum methodology for blasting in each region was developed.

Nov 8, 2011

By S Schwarz, D Alexander

The mining industry, and in fact the world, has undergone significant changes in the past five to ten years, ranging from the metals boom, the global financial crisis and the rise and fall of national economies, to name just a few. There has been a focus on sustainable development for projects and operations in the mining industry, mainly pushed onto the industry by communities, governments and other agencies. While sustainable development and operation is a worthy priority for mining operations, discussions with mining industry personnel (with a strong slant on the mineral processing perspective) have shown other issues have surpassed the typical issues of water resources, energy availability and the environment. These include staff turnover and skills shortages, extracting metal from more complex orebodies and the uptake of new step-change technology.A number of key operating mineral processing personnel were interviewed to determine their perspective on the current issues facing the mining industry. This paper details the findings of this survey and highlights some of the topics that have been identified as the top issues from a mineral processing perspective.CITATION:Schwarz, S and Alexander, D, 2012. Current issues in the mining industry - From the operational mineral processorÆs perspective, in Proceedings 11th AusIMM Mill OperatorsÆ Conference, pp 369-372 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 29, 2012

By L Chaffey, M Buckland

The minerals industry has enormous potential to positively contribute to sustainable development and many leading companies have concluded that their long-term success is directly linked to their ability to leave a lasting positive legacy. While there are many examples of success, there have been failures as well and much work has been done in recent years to define the role of the minerals industry in sustainable development and identify the key elements for success. In the past, our sector could point to the taxes and royalties it paid, the exports it generated and employment it created and felt confident that its contribution would be recognised and duly acknowledged. This is no longer the case. Critics of the industry have highlighted resource-rich countries that have failed to capitalise on their resource wealth and have arguably lower standards of living than their resource-poor peers û the æresource curseÆ hypothesis. Recent research has done much to clarify the factors that contribute to a countryÆs success or failure and all stakeholders in the industry now need to include these learnings in their approaches going forward. We know that our long-term success relies on embedding a company- wide approach to sustainable development into all aspects of our business operations. In this paper we highlight BHP BillitonÆs experience in the development and implementation of policies and systems designed to enhance our contribution to sustainable development. We detail the business drivers for excellence in this area and the key external codes and initiatives that have shaped our approach. The values-based BHP Billiton Charter, Sustainable Development Policy and associated Health, Safety, Environment and Community (HSEC) Management Standards are central to our approach. Implementation is reviewed through our HSEC audit program. One area in which we have placed particular emphasis is our approach to community development. BHP Billiton has a corporate target to contribute one per cent of its pre-tax profit on a three year rolling average to voluntary community programs. As our profit stream has increased with the minerals boom this is approaching an A$100 million commitment. In our paper we detail how we are working to ensure we maximise the value of this contribution for our communities and our shareholders.

Jan 1, 2006

By D Reid, J McKibben, M Noppe

International mineral disclosure standards and guidelines aligned with the CRIRSCO (Committee for Mineral Reserves International Reporting Standards) template were developed to inform stakeholders about the relative accuracy and confidence levels of publicly reported information and to support investment decisions, particularly when advancing projects through different development stages. The traditional stages range from early to advanced exploration, through pre-development (with Mineral Resources and pre-feasibility and/or feasibility levels of study) before the final development stages, where a decision to proceed with construction or production (or both) is made. The traditional definition of Mineral Resource and Ore/Mineral Reserve classification categories and techno-economic study levels (including Preliminary Economic Assessment (PEA), Scoping Study (SS), Pre-Feasibility Study (PFS) and Feasibility Study (FS)) were defined with pre-development project assessment in mind. As such, these definitions are not necessarily well aligned to the reporting structures required by operating mines which need to consider a range of timelines spanning short to long-term operating conditions. However, the same terminology and definitions are used, or expected to be used, by both project developers and mine operators when reporting resources, reserves and techno-economic study outcomes. This paper discusses how various stakeholders in the minerals industry (including competent/qualified persons, mining company leaders, investors, lenders and regulators), generally interpret the definitions of Mineral Resource and Ore Reserve categories in terms of the relative accuracy of the estimates, their link to techno-economic study levels and their contribution to life-of-mine (LOM) schedules. The paper examines the degree to which mining companies recognise, and apply, enhanced operational knowledge to reflect short-term views of the relative accuracy and confidence levels associated with publicly reported Mineral Resource and Ore Reserve estimates and forecasts. Furthermore, this paper explores how this knowledge is applied to support ongoing Mineral Resource, and particularly Ore Reserve, generation and reporting. This paper is informed by public data and responses to an internal survey prepared by the authors and completed in 2021 by several mining companies.

Mar 22, 2022