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A number of forecasting methods are available to mine management to help predict the most likely outcome of some particular event thus enabling management to make more cost effective decisions. Three general classes of models can be used to predict future events qualitative, structural and time series, the most effective method in most cases being time series. Time series methods can be applied to predict future events from a series of past observations. Various time series techniques are reviewed with a comparison of their relative advantages and disadvantages.

Jan 1, 1980

One of the often overlooked factors affecting the capital investment decision in new or existing plants is the value of stock holdings necessary to maintain the plant. This paper puts forward a simple decision matrix on whether a part should be stocked depending on 1. the criticality of the item of equipment in terms of the effect on cash flow of its failure, 2. the lead time of the part, and 3. the stock holding value if it were Stocked.

Jan 1, 1986

The information requirements of the Australian Stock Exchange Ltd for listing and reporting seek to ensure that the market is fully and correctly informed in a timely manner. This discussion confines itself to the technical reports from mining companies required for prospectuses, information memorandum, quarterly, annual reports and any other announcements to the Exchange. The Exchange requires that technical reports are produced by suitably qualified and experienced personnel and, in the case of a company listing, that these personnel have no interest in the company to be listed. Further, the Exchange has draft prospectuses reviewed by other independent suitably qualified and experienced personnel.

Jan 1, 1987

In 1975 the US Bureau of Mines (BOM) under contract with the Bureau of Indian Affairs (BIA), began a systematic mineral resource evaluation of Indian reservations in the United States. The purpose of the BIA/BOM program was to stimulate economic development on Indian lands through exploration and mining ventures with the mining industry. Since that time, 109 phase I reports (literature studies) and nearly 45 phase II and phase III (field studies) reports have been written by the BOM. The various tribes in conjunction with the BIA have access to these reports for decision making regarding mineral resource development.

Jan 1, 1990

By A B. Christie

REGCHEM is a geochemical database containing stream sediment geochemical analyses compiled from open file mining company exploration reports. The database contains data on over 21 000 samples that have each been analysed for several elements such as gold, silver, arsenic, copper, lead and, zinc.   REGCHEM is supported by GEOEXPL - a custom written computer software application which operates under Microsoft Access. The data can be plotted as maps using a geographic information system (GIS) package called MapInfo, which can incorporate data from other data sets such as mineral deposit sites from the geological resource map database, GERM.

Jan 1, 1994

The current insurance market has been brought about by a number of pressures, including: collapsing investment returns; growing losses, both normal and catastrophic; and reserve strengthening. This is impacting most classes of insurance coverage, with the traditional characteristics of higher pricing and greater levels of retention, however it is now translating into a lack of capacity and reduced coverage. This presentation will explain how the market has arrived at this situation and will challenge whether this is the traditional insurance cycle or a structural correction. It will also address the anticipated time of correction.

Jan 1, 2003

By Van Groenou B

Traditionally mining and conservation have been regarded as opposing and mutually exclusive concepts of land use. Often problems are anticipated which cannot be substantiated by facts. In addition, an ill defined time-scale adds to potentially emotive issues. Examples from Australia and elsewhere are presented which illustrate the dynamic nature of the environment and accentuate sequence patterns in plant community development following natural and man-made disturbances. The mining industry generally appears to be aware of the environmental impact of mining and whilst endeavouring to minimise the disturbance, is still orientated towards maximum production.

Jan 1, 1984

Hydrocyclones are widely used in both mining and various industrial sectors. Considerable fundamental research work on the modelling of hydrocyclone classifiers has been carried out through the past 25 years. Based on the similarity principle, the hydrocyclone classification was taken as a whole physical process and a group of similarity numbers were obtained with the help of dimensional analysis in this paper. Then, the functional dependences of the similarity numbers have been established. The variables optimisation was carried out with the multiple objectives linear planning programs developed in this study.

Jan 1, 1993

The smaller mining company with full ownership of, or participation in, a mining project is generally unable to obtain funding as easily as the major mining house. While the equity market remains the main funding source for small projects, debt fund- ing options are becoming more available. Many international banks possess in-house mine fin- ancing expertise which can assist the smaller company in financing its share of project development. A clear understanding is necessary of both the benefits and limitations of bank funding, to ensure that all potential sources of funds are properly considered and integ- rated into the financial plans of the smaller mining companies.

Jan 1, 1984

Those developing or planning a new mining operation base their financial projections on amounts of gold produced as soon as practically possible. The choice and ongoing operation of mobile plant figures significantly in their projections. The implications of mobile plant selection are not always clear - until its too late.Our 'typical' gold mine would be a mine processing 800,000 tonnes of ore per annum, producing 37,000 ounces of gold with a life of mine of 10 years. Overburden layers are only evident in the first two years of operation.The pit will eventually, after some 5 years of mining, be some 300 metres deep, but confined to a mine radius of 2 kilometres.

Jan 1, 1986

Renison Goldfields is one of Australia's largest mining companies with annual sales revenue over $600 million. It has ten operating mines and processing plants, with operations in most States of Australia and in Papua New Guinea, Indonesia and the United States. The exploration division is active in,other parts of the world, including Europe and South America. RGC produces gold, copper, tin, coal and mineral sands. RGC is typical of companies in the mining industry in that by contrast to the typical pattern in other industries, it is necessary to have systems to handle a variety of different types of operations, a range of size of operations, and operations in remote locations.

Jan 1, 1995

The Adavale Basin and Warrabin Trough are remnants of a much more extensive Devonian to Carboniferous depression which evolved through four tectonic stages; an initial period of rifting and three periods of foreland thrusting, which cannibalized much of the earlier depression. The Basin has subsequently been buried by sediments of the Galilee and Eromanga Basins.The Basin was initiated during the Early Devonian when the earlier cratonized Thompson Foldbelt rifted away to form a marginal sea comparable to the South China sea. This crustal extension was probably in a Northeast-Southwest direction. These initial rifts were the site of acid volcanism (Gumbarbo Formation) and later, deltaic and shallow marine facies (Eastwood Beds).

Jan 1, 1990

By P Gy

When it comes to sampling theory, a bad sampler is a bad sampler, no matter what, and a sampler is either bad or good. It also is of critical economic importance to tell and understand the difference, especially in a metallurgical plant. In this paper, the grand principles of Sampling Theory are first recalled, then the most popular types of sample cutters for plants are critically reviewed. It is concluded that the industry has a lot of progress to make in that direction, although improvements usually pay for themselves very quickly.

Jan 1, 2002

Total quality control in tandem with Japanese style management largely accounts for the high product quality and international competitiveness of growing manufactured exports from Japan. Japanese management is often identified with life-time employment, promotion by seniority, company-based unionism, the process of obtaining the sanction of executives to a plan by circulating the draft prepared by a person in charge of a particular matter, internal consultation, consen- sus-based decision-making, etc., all of which are just formal manifestat- ions of the underlying current of the spirit of cooperation that translates itself into "management through labor- management cooperation".

Jan 1, 1982

Mr. Chairman, Distinguished Guests, Ladies and Gentlemen. I was delighted to be invited, and to accept the invitation, to welcome to this specialist meeting on an intriguing subject, the local participants and - most importantly - the international contributors. Technical o analysis of blast furnace operations has for many years formed the basis of intense research throughout the iron and steel industry, world wide, because the efficiency of blast furnace operation estab- lishes the foundation for all subsequent processes in a steel plant. So much depends on the constant, efficient performance of iron melting units in relation to costs, quality, regularity of operations and reli- able delivery performance to our customers.

Jan 1, 1981

The eastern Asia island-arc systems are regarded as specific marginal structures having the common features of geological development and deep structure. The notions on deep structure of island- arc systems are based on the data of studies of the mantle and low-crustal xenoliths. Analysis of location of deposits and ore occurrences of different ages within island arcs in comparison with, the processes of deep heat and mass transfer allows us to develop a-model of mobilization, migration and accumulation of ore substance in the "crust-mantle" system.

Jan 1, 1987

The Australasian Institute of Mining and Metallurgy and the Australian Mining Industry Council are concerned that a sufficient number of able young people receive an adequate level of professional training for the mineral industry. A Joint Committee on Education has been formed to pursue these objectives. At a time of strong growth in the industry it is most important to forecast the demand for people, so that the educational authorities will be able to provide adequate facilities. The factors to be considered in fore- casting the demand for professional staff are set out, and the proposed method of assessment is outlined.

Jan 1, 1981

A system of decline mine entries and ore haulages has been designed for the Mt. Windarra mine. This choice was controlled by the nature of the ore- bodies, the mining method chosen and the capital cost of development re- quired for production. Mine entries are being driven 4 metres high and 5.5 metres wide and decline at 11%, to accommodate diesel haulage vehicles of 35 tonnes capacity. The.Mount Windarra haulage system and the design parameters used in its selection and design are discussed, and general design and selection parameters are proposed.

Jan 1, 1973

One major aim of the operation of Aberfoyle's matte fuming pilot plant was to assess refractories performance in the process working vessel, a SIROSMELT furnace. High wear rates were expected and whether these could be tolerated was an important question. During operations a range of refractory types was evaluated in both insulated and water cooled furnace designs. Furnace operations enabled lining wear measurements to be made. Results confirm that existing technology can solve any expected refractory problems. Design aspects that should be included in commercial furnaces are shown.

Jan 1, 1984

It is a great privilege to be invited to give this address at this centenary conference. A centenary is a time for recollection, for celebration and for looking ahead. The AusIMM has much to celebrate and many things to recall. I hope in this address to make some useful comments about Australia's future (and mindful of but not forgetting New Zealand), looking ahead for 25 years or so, and the mining industry's role in that future.

Jan 1, 1993