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The purpose of this paper is to outline the current status of financing in the Australian Gold Mining industry and to discuss a number of developments that have occurred during 1983/84.Recognising the importance of equity financing various equity issues, including project valuation, will be discussed against the backdrop of an industry experiencing both rapid growth and a changing structure.Nothwithstanding the current tax exempt status of the industry there is a trend towards more debt financing. A number of financing issues will be covered and it will be shown howvalue can be created through astute financing planning.

Jan 1, 1984

By Goode RA

It is-assumed that a pipeline system is economically justified as a means of transportation.. The terms "True Life" and "Economic Design Life" are defined. The most usual design alternatives to be considered from both physical and economic -viewpoints are listed and a summary is given of the main factors to be costed in assessing the relative economics of each alternative. A brief statement of the recor mended method af economic. assessment is given and an example is included. The paper aims to present a reasonably accurate, simple and practical method of considering the main economic factors which govern design.

Jan 1, 1962

Diamond drilling is a relatively new commodity in terms of drilling. The first known diamond drilling activities were carried out in the Swiss Alps around 1863 when the Swiss engineer M Leschot designed and made a tube with a diamond set face which was used in probing ahead drilling for the Mont Cenis tunnel (Figure 1). Craelius AB which today is a part of the Atlas Copco Group was formed in 1886. The name Craelius is a family name and the founder of the company was Per Anton Craelius (Figure 2). He went to the United States to study this new technology using diamonds to extract core samples and when he returned to Sweden designed his first diamond drilling machine. It was a man-powered drill needing a crew of six men, two to crank the unit, one to feed, two to power the flush pump and a foreman (Figure 3). As time passed through research and development, the original design was improved and manpower was substituted for steam engines and later combustion engines or electric motors (Figure 4). During the 1930s the drills radically changed designs and took the form of the short stroke drills which to a certain extent are still in use today. The original design of these drills have been refined during the years, hydraulic chucks, gear boxes and other improvements have been added.

Jan 1, 1995

By McConachy G. W, Wright J. V

During the 110 years since the discovery of the Broken Hill PbZnAg deposit six major mining companies have mined the ore body and explored the ore environment. Despite this activity, no new orebodies have been found at Broken Hill. The failure to discover large new resources cannot be attributed to a lack of activity because major companies have maintained substantial exploration commitments over many decades. This suggests that not only was a unique coincidence of conditions required to form the deposit but also that full recognition and definition of the critical parameters may not yet have been recognised. In an attempt to illuminate some of the more unusual and poorly studied characteristics of the ore environment some new areas of investigation are presented here which may contribute to understanding the ore deposit setting and focus exploration towards different and perhaps more productive targets. Sedimentological characteristics of the host succession of the Broken Hill deposit are apparently unique along the line of lode. An upward-coarsening megasequence reflected in the development of clastic psammites stratigraphically below the ore deposit is one important ingredient which has received little exploration focus. These psammites also host mineralisation and form part of a spectrum of quart-zrich rocks collectively referred to as gametiferous psammites, garnet quartzites and blue quartz lodes. Sedimentological data interpreted from outcrop, drill core and downhole geophysical well logs support a elastic origin for some of these rocks; an interpretation which is at variance with traditional interpretations favouring an exhalative origin. A clastic origin for many of the footwall psammites, and their close spatial association with the orebodies suggests their role in ore formation was important. It is interpreted as a critical part of the fluid flow architecture within the sedimentary basin, which focussed ore forming fluids into an unique environment favourable for trapping mineralisation. Detailed stratigraphic correlation near the deposit has also highlighted that quartzofeldspathic rocks (Potosi gneisses and lode pegmatites) have complex relationships with ore. Suites of stratabound quartzofeldspathic pegmatites have received limited study, but their distribution and voluminous development suggests they may be as important to ore formation as the psammitic lode rocks which host the orebodies. These associations are not in conflict with some recent ore forming models invoking deposition in a shallow water environments of deposition. The geochemistry of parts of the host sequence has been studied extensively in the past but this has not been merged with current stratigraphic subdivisions. A large drillhole data base now permits the geochemistry to be related to the sedimentary succession and reveals that a signature involving stratigraphic vectors best illustrated by changes in MnO, Na2O, Pb and Zn can be detected. This is interpreted to reflect sedimentary basin processes as opposed to a classical volcanic hydrothermal alteration pipe associated with seafloor venting. The stratigraphic setting together with characteristics of some of these poorly understood areas is discussed to emphasise that construction of sound models for exploration requires the total ore environment to be studied with attention directed to the geometry and setting of the full range of host rocks. Control of the greater portion of the line of lode by a single company, Pasminco Australia Limited, now permits disparate datasets and observations to be merged and presents new opportunities and encouragement for model refinement and exploration success.

Jan 1, 1993

The extraction of world-class mineral deposits using massive underground mining techniques is not an entirely new theme to world mining companies and experts. Previous MassMin conferences have helped to gather and disseminate the valuable experience and knowledge so important for the proliferation of safe and efficient mining of large underground deposits. With the passing years since the first MassMin conference in Denver in 1981, a number of factors have contributed to an increase in massive underground mining around the world, including environmental pressures, gradual exhaustion of shallower deposits and the enabling effects of improving technology in disciplines related to underground mining. Massive underground mining is heading deeper, embracing challenges which include working with elevated temperatures, increasing in situ and mining induced stress levels and longer ore transport routes. Improvements in mineral processing technology will tend to lead operators to contemplate the extraction of lower grade orebodies in the event that the ore can be efficiently transported to the surface and hence the plant. No doubt this tendency, and its associated challenges is encouraging a rich growth in innovative engineering in such fields as mine planning and materials handling as well as geomechanical issues such as support design and the simulation of extraction sequence effects on stress re-distribution. MassMin 2000, we are sure, will showcase a wide variety of new contributions in thought and actions in these fields. There is a definite place for academic institutions and mining related suppliers in the process of developing new technologies and practices in support of present and future endeavour in this field. Dyno Nobel has its own part to play, certainly as an enthusiastic and proud major sponsor of MassMin 2000, but also by means of identifying common cause between our Vision and Values and the needs, present and future, of the underground massive mining industry. The critical success factors, which Dyno Nobel pursues are:health, safety and environment, customer relationships and market development, cost optimisation (while maintaining quality), technology and innovation, organisational development, and leveraging capabilities globally. Through the present paper we would like to share some of these values and offer some practical insights as to how their realisation will contribute to the achievement of MassMin goals and needs.

Jan 1, 2000

By Mason P, Waller C

The Phase I electrowinning system at KCGM's Fimiston Operation utilised the well proven technology of electrowinning precious metal values onto steel wool followed by calcining and direct smelting to bullion. The above process, while reliable and successful, was to some extent labour intensive. The Williams Mine in Ontario, Canada had published conditions under which precious metal values are electrowon onto woven stainless steel and directly removed using high pressure sprays. The current paper describes the testwork which was carried out to check the applicability of the Williams criteria to KCGM eluates arising from the elution of highly loaded carbon from the calcine circuit and lowly loaded carbon from the float tails circuit. Information is also given on the commissioning and operational experience which occurred.

Jan 1, 1996

The nickel ores mined in New Caledonia for one century are mainly silicate ores. These ores are nickel enriched saprolites, formed by partial weathering of peridotites (predominantly harzburgites and some dunites), serpentinised to varying degrees. Saprolites constitute the lower horizon of lateritic soils, sometimes up to 100 metres thick, developed on peneplains now greatly modified by erosion. Saprolites are generally overlain by laterites, a more weathered horizon, where the main components are iron oxy-hydroxides with a low nickel grade. The structure of saprolites depends essentially on the serpentine content of peridotites and, on the other hand, serpentine minerals may have a high nickel content and, so, represent important nickel bearing minerals in silicate ores. Two types of serpentines can be found in nickel ores from New Caledonia: ò primary serpentines, formed by hydration of olivine at temperatures below 400¦C, during overthrusting of peridotites in late-Eocene (Paris, Andreieff and Coudray, 1979), are generally very abundant; ò secondary nickeliferous serpentines, associated with other sheet silicates in garnierites, are now relatively scarce but garnierites were selectively mined one century ago, because of their high nickel grade.

Jan 1, 1996

By Deutsch G. P

The output of an underground mine often depends entirely on the mine winding system. -Decisions made--at the design stage affect the economy and operation'of the mine'.througb -its entire life. A modern mine winding installation is an integrated system and its design requires a multidisciplinary approach including expertise in the-materials handling, mining, mechanical, civil, structural, electrical and control engineering fields. The paper-sets out the elements of typical mine wind- ing systems-and describes some of the more important decisions which must be made during the planning and design process, It is no longer.adequate to. base the choice of a system on the pre- ferences and experiences of individuals. Major Australian winding install- ations are usually designed on the basis of overseas experience and some of the detail design is often carried, out overseas. Differences in basic design criteria occur from country to

Jan 1, 1973

By Ketteridge IB, Mulcahy DE, Quast KB

The long term energy demands in South Australia are such that there is a distinct possibility that one of the lignite deposits in the State will be exploited to feed a pulver- ised-fuel power station. Bowmans lignite deposit is the largest lignite deposit in South Australia and is considered to be a contender. The deposit is ideally situated (100 km north of Adelaide) but the quality of the lignite is poor (see Table 1). TABLE 1

Jan 1, 1984

By M Tessier, M Pahkala, L Sletmoe

The Red Lake mine is one of the richest gold mines in the world. The primary mining methods are overhand and underhand cut and fill. Starting in 2003, Goldcorp initiated an expansion program at the mine. The expansion includes a new 6.55 m diameter hoisting shaft currently under construction. The shaft will be driven to a length of over 2180 m. The shaft will be used as a primary ventilation intake to the mine. In addition to the new hoisting shaft, a return air raise is being driven approximately 1690 m from surface. This raise will be a parallel return to the existing mine infrastructure. This paper describes the ventilation and climatic analyses performed in support of the expansion project. The study included a full mine ventilation survey, in situ rock mass measurements, analysing options related to mine layout, airway sizing calculations, air heating options, and climatic simulations. Specifications were prepared for an air heating system and main and booster fans. Analyses were also performed related to heat in the stoping areas namely caused by auxiliary fans and backfill with high cement content.

Jan 1, 2005

By Mouritz M

Ventilation characteristics and the occurrence of nocturnal surface inversions have been investigated within the Mount Whaleback open cut iron ore mine at Newman in Western Australia. When winds are light and/or nocturnal surface inversions form within the pit, episodes of atmospheric stagnation can occur with resultant accumulation of dust, diesel exhaust fumes, and sulphur dioxide evolved from spontaneous combustion of pyritic shale. Nocturnal surface inversions were recorded outside the mine on more than two-thirds of nights. Inside the pit, inversions were much less frequent - occurring on roughly 20% of nights when they were observed outside - and much weaker - the maximum temperature difference being 5 C¦ over 210 m inside the pit compared with 15 C¦ over 150 m outside.

Jan 1, 1988

By Siddall B

A brief review of the capabilities and practical limitations of blast simulation packages has been carried out. It is concluded that the simulators accurately reflect size distributions in the mid-ranges of 0.1 to 1.0 in, but are less reliable

Jan 1, 1998

By Simmons SF, Fleming J

Alteration and mineralisation at the Island Copper deposit is related to the intrusion of Early Jurassic quartz feldspar porphyry dykes into surrounding comagmatic Bonanza volcanic rocks. The pyrophyllite alteration zone forms an upward flaring cone, largely hosted within a breccia body that c ross-cuts the Cu, Mo, and Au-rich ore shell. This alteration zone contains pyrophyllite, dumortierite and diaspore and resembles alteration occurring in some high-sulfidation deposits, but which is barren. Fluid mineral equilibria and fluid inclusion studies indicate formation at approximately 300 ¦C from fluids dominated by steam and gases. These fluids appear highly acidic, but sulfur poor, leading to extreme base leaching within the breccia body and surrounding rocks.

Jan 1, 1995

The interfaces between the Broken Hill ore lenses and the enclosing wallrocks are, on a broad scale, parallel to metamorphic layering in the wallrock gneisses and quartzites. In detail, however, the concordant contacts are interrupted by piercement structures, formed by plastic injection of ore into the wallrocks during metamorphism.These discordant bodies vary from minor projections measuring less than I m long, to major ore shoots ("droppers") as much as 60 m long. The intrusive bodies consist of fragmented ore and wallrock in amatrix of recrystallised sulphides. Wallrock fragments have been altered to manganese-rich and calcium-rich mineral assemblages. The injected ore is enriched in sulphides compared with the parent ore, and there has been enrichment in a number of minor elements.Piercement structures formed during the waning phase of high grade metamorphism, when incompetent ore was injected plastically under pressure into the wallrocks, particularly at fold crests. Adjacent to the "droppers", retrograde schists developed as a result of shearing along the ore-wallrock interface.

Jan 1, 1976

By H Kurth

Mining geologists utilise many technologies to map, sample, measure, model and plan before and during the mining process. Predicted ore quality rarely corresponds with feed quality determined by process operators. Objectively measuring conveyed material quality accurately in real time avoids disagreements over mined ore quality and generates opportunities to improve mill feed quality.This paper discusses the well proven PGNAA (prompt gamma neutron activation analysis) technology used in the GEOSCAN-M elemental analyser that is ideally suited to measuring composition of primary crushed conveyed material in real time. Representative, continuous, fully penetrative measurements are unaffected by particle size, belt speed, mineralogy, dust or layering on the conveyor. Material can be directed to processes or stockpiles by utilising measurement increments of typically one to five minutes and then activating diverters to direct increments to the correct location. Waste, low-grade or deleterious material can be rejected to waste dumps or stockpiled for later processing. Material meeting a product specification can bypass unnecessary processing. Paybacks in weeks have been achieved for such applications. Process operators are able to control the blend of ores fed into the mill to improve processing performance and use measurements for ore reconciliation and metal accounting. Utilising the technology to upgrade ore quality after mining and before processing is beneficial in improving plant economics.The technology has been successfully utilised in base metals, ferrous metals and industrial minerals. Mining geologists can determine ore quality being produced in real time and modify the ore quality prior to milling. Ore feed quality measurements are also used by process operators in optimising plant performance. The elemental content can help identify geometallurgical domains as well as other major changes in quality, which may affect processing. This paper outlines proven applications and case studies and proposes some innovative applications.CITATION:Kurth, H, 2017. Measuring ore quality using real-time on-belt elemental analysis – more than grade control, in Proceedings Tenth International Mining Geology Conference 2017, pp 213–220 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 20, 2017

Mining, like most other businesses, is based upon capital assets; and the primary cap- ital of any mining company is its ore reserve. A company's survival and growth is, thus, dep- endent upon its ability to replace, increase, redistribute and to diversify its ore reserves. A Kennecott executive addressing a group of geologists in 1957 stated, "Management expects a geologist to find ore! That is the primary objective and the justification of the geologist in the minerals industry. There is no other function that we can rationalize." This is, however, a restricted point of view, and one which I an sure is not fully shared by mining executives or mine operators at the present time. Ore reserves are 'made' as well as 'found' and the geologist contributes to this process. A mining geologist engages in activity in- volving the study of geology in connection with the total mining operation. His major task is the adaption of geological knowledge of ore de- posits and rock behaviour to mining needs, and the application of principles of the science of geology to specific problems of finding, develop- ing and extracting of ore bodies.

Jan 1, 1975

The Mineral Resources Act 1989 was assented to on 25th October, 1989 after more than two years of consultation and negotiation between Government, the mining industry and other affected parties particularly the major rural organisations.The legislation proposes major conceptual changes in a number of areas and adopts a totally new approach to the definition of land and the mechanisms available to the mining industry for accessing such land.Unfortunately the passage of the legislation through Parliament coincided with the lead-up to the State election. Ultimately it became an election issue generating much adverse comment in the media particularly from rural and landholder groups. It was obvious that much of this anti-mining propaganda resulted from a lack of understanding of the legislation and the benefits that flow to the majority of landholders as well as the mining industry.It is essential that the contents of the Mineral Resources Act be thoroughly understood by all parties. Only then will all the State's resources be able to be developed in a multiple land use environment.This paper outlines the philosophy behind the new Act and the more important provisions contained therein.

Jan 1, 1990

By Ghiani M, Currelli L, Fuganti A

the results of an experimental study aimed at beneficiating a complex ore containing bastnaesite and other rare-earth minerals, with associated barite and fluospar are illustrated. Owing to its minero-petrographic, physico-mechanical and structural characteristics, the crude ore is not amenable to classic concentration methods, such as flotation, magnetic and gravity separation. Therefore the technical feasibility of selective disintegration followed by size classification has been studied, whereby bastnaesite and the other rare-earth minerals can be concentrated into the finest size fractions. Leaching and subsequent extraction of rare-earth metals by liquid-liquid separation represents the final stage of beneficiation.

Jan 1, 1993

By Neto J. A N

Usually there are organisational interfaces between each stage - companies or departments. Each organisation will have different ideas about "optimum" operation. These ideas will be driven by how the performance of each is measured ' and rewarded. Therefore it is important to set up data acquisition processes with respect to maximisation of overall profitability and resource utilisation. In the simplest case - if the miners are paid on tonnes and the concentrator has severe grade penalties on concentrates, then there is the possibility of a conflict of interest over metal Balance.

Jan 1, 1991

The Loy Yang Overburden System initially consists of a 60 000 tonne/day Bucket Wheel Excavator (BWE) (No. 14), a 2 m wide Conveyor System and a Travelling Stacker (No. TS4). The paper discusses details of the plant and the influence the soft clay overburden has on the design of the plant, to handle the dif- ficult Latrobe Valley overburden.

Jan 1, 1982