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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

The process and control technologies incorporated into the coal preparation plant at Newlands were to be used for the first time in Australia. The commissioning organisation and procedures were set up on the basis that commissioning personnel, while being competent, would be unfamiliar with the equipment. In addition the commissioning process would have to be completed quickly. The organisation coped with all of these problems and more.

Jan 1, 1986

In planning its production and investment activities the mining industry has generally paid too little attention to perceptive analysis of its market environment. The nature of world economic difficulties over the past decade is not a mystery. Essent- ially prolonged affluence has engendered a false sense of security and fostered entrenched vest- ed interests hostile to economic change. The overall outlook remains poor. For mining projects mineral demand affects both product prices and the availability of specific sales outlets. Long-term projection of demand is complex and a key to success is concentrating on analysis of fundamental deter- minants and avoiding mindless extrapolation.

Jan 1, 1983

The curbing of expansion in tertiary level education in Australia and the question- ing of its objectives which are now occurring are likely to have important effects on mining and metallurgical education. Student enrol- ments are low but the serious shortage of specialised minerals industry graduates pre- dicted during the boom of the late 60's has not eventuated. Other manning problems of a less quantitative but possibly equally import- ant kind have been identified. They point to a need for a full and deep review of the education and training programmes available to Australian graduates planning to enter product- ion areas of the minerals industry. An alter- native educational structure providing greater flexibility is suggested.

Jan 1, 1977

There are three major human resource management activities which, depending on how well they are done, impact on the performance of people and therefore the bottom line. These are: ò recruitment; ò training and development; and ò performance appraisal. Most sizeable organisations would say they are involved in all three, but there are many more that would admit that their human resource management practices are limited to recruitment. If we concentrate on the organisations that currently undertake all three, we have to ask, `Are they using different systems/benchmarks for each activity, or is there congruence between the activities?'. Our experience is that most organisations use different systems/benchmarks. The end result is: ò one set of criteria to recruit staff; ò another to identify their training needs; ò and yet another set of criteria to measure their staff's Performance.

Jan 1, 1995

Comalco Aluminium Limited uses a computer system for cost, supply and maintenance reporting and control at its bauxite mine in Weipa, North Queensland. The system collects data on a daily basis at a high level of detail on both cost and maintenance history. This allows useful reporting to all levels of management from the shop floor to the General Manager. The most successful aspect of the system is that the information is available in all workshops on visual display units. This allows the real spenders of the Company's money, Foremen and Tradesmen, to make well informed decisions. The system has also decreased the time taken to find parts and information which gives the Foremana greater opportunity to do his real job of supervision and quality control.

Jan 1, 1983

By Rozycki J

The results of shaft lining monitoring gave rise to an investigation of cracks observed in the structure. An hypothesis was made that the cracks might be due to stresses caused by energy wave propagation, triggered during blasting or by the rock falls. However, it could not be excluded that the cracks had their origin in the rheologic changes taking place in the concrete. To prove the hypothesis, an investigation of the scale of the increase of stress due to the energy triggered was undertaken. At the same time it was decided to attempt to determine the "damage threshold" for such material in the danger zone. In the paper the investigation and its results are presented, as conducted in one of the shafts. In conclusion, certain generaliza- tions are proposed to give a starting point in the consideration of similar problems elsewhere.

Jan 1, 1987

In recent decades the awareness of environmental issues by the general public has developed at an accelerat- ing rate. This is the result of a number of factors including more scientific knowledge of environments and of the impacts of modern society upon them, higher levels of education, the opportunity for people to travel more, and the success of the various communication media in bringing in- formation to the communities of the world about such environmental crises or threats as the smogs of Los Angeles and London, the Torrey Canyon and Santa Barbara oilspills, Minamata disease in Japan, the spread of the Crown of Thorns starfish, the disposal of toxic industrial wastes into the Upper Rhine, the discovery of high mercury and zinc contents in marine foods in southern Australian waters, and the proposal to mine limestone at Precipitous Bluff in Tasmania.

Jan 1, 1975

By Hosking JW, Muir DM, Ruane M, Smith I. Hinchliffe WD

Maintaining carbon activity is critical to the satisfactory recovery of gold in the Carbon-in-Pulp (C.I.P.) process. Reduced activity can lead to gold losses in tails and lower tonnage throughput.Carbons from a number of W.A. C.I.P. circuits have been examined for the extent of fouling by inorganics such as calcium, magnesium, copper, nickel and silicon. Many of these carbons have exceedingly low activity leadingto low gold loading and excessive contact times. The relative importance of these fouling agents and cyanide levels on carbon activity is discussed. Mathematical modelling shows that relatively small improvements in kineticactivity lead to much lower tank volume require-ments and carbon residence times.

Jan 1, 1984

In making any attempts to determine the depositional environments in which coal seams accumulated it would be useful to establish whether there is a pattern, or patterns, of development which the majority of the seams have followed. To this end, the distribution of types of coal seam sequences found in the standard petrographic profiles of about a hundred Australian coal seams of Permian and Triassic age has been examined statistically, using the "chi square test" with the limiting probability set at O·Gl.Results indicate that non-random conditions have probably prevailed during the deposition of most of the seams. More samples are needed for conclusive results.The plants, or some other internal feature of the swamp environment, have been the important controlling factor in the development of the seam sequences.Comparison has been made with some British Carboniferous coals.

Jan 1, 1972

By C D. Ogg, P B. Pope, K M. Lynch, B K. C

Iron-reducing bacteria are able to couple the oxidation of an electron donor to the reduction of Fe(III) to Fe(II) under anaerobic conditions in the generation of cellular energy. Recent evidence suggests that these bacteria are phylogenetically diverse and widely distributed in nature. Our laboratory has isolated thermophilic, thermotolerant and mesophilic iron-reducing bacteria from numerous petroleum reservoirs with varying conditions, groundwaters of the Great Artesian Basin (GAB), and petroleum-contaminated soils. Some of these isolates have been identified as novel species and from genera such as Deferribacter, Bacillus, Alkaliphilus, Clostridium and Thermoanaerobacter. Further investigations have shown that these bacteria are metabolically diverse, not only capable of reducing different metal species but also able to use a range of organic compounds, including polycyclic aromatic hydrocarbons, for growth. Due to their abundance and metabolic capabilities, it is possible that iron-reducing bacteria may be important in microbially-enhanced oil recovery processes and in the bioremediation of contaminated soils and aquifers, particularly in anaerobic zones.

Jan 1, 2004

By Lynn DR, Wadley GB

The Australian gold industry has made large steps forward in the last few years. This progress has been driven by improvements in mining and processing technology, the high price of gold and by a favourable legislative, political and taxation environment. This paper concentrates on improvements in gold project development, process engineering and technology as seen by BHP Engineering, Perth, Australia.The paper describes technical aspects of successful gold project development including metallurgical testwork, feasibility studies, choice of process flowsheet (gravity, heap leach, carbon in pulp (CIP), carbon in leach (CIL) or other routes). It sets out our views on plant design, plant construction, procurement and project management.A case study for a small plant recently completed in the Philippines is presented as a solution to the problems often encountered in treating quartz vein gold deposits.

Jan 1, 1990

By Mishra S. N, Mishra R, Sen P. K

Control of silicon in produced through the submerged-arc furnace can result in reduced power and coke consumption in addition to improving the quality of the hot metal. A thermo-chemical analysis of the production of ferro-chromium was carried out to devise strategies to control the recovery of silicon during the manufacture of ferro-chromium. The presence of three thermochemical zones in the furnace with respect to the reduction of silica was recognised from this analysis. Any strategy for the control of silicon recovery has to take cognizance of these thermochemical zones. The effect of various strategies on the silicon level in the hot metal have been evaluated. Possible strategies, such as the reduction of coke level in the charge; the replacement of quartz; pre-reduction of the ore and the control of the temperature profile are discussed in this paper.

Jan 1, 1999

By Parker GJ

The financing of smaller resource projects has proven to be a difficult problem for promoters and financiers alike as very often such projects have not met the requirements of available financing methods and promoters have equally found it difficult to establish credibility, management and technical ability with potential financing sources. Solutions to the dilemma in which many of these projects find themselves are not readily apparent but will need to be found if the full potential of Australia's resources is to be realised. INTRODUCTION The growth of so called project financing in its present form is normally considered to be a phenomenon of very recent times, however, paradoxically there are references to what could be called financing in the old testament. To confuse the issue further financing small resource projects may not, and very often are not undertaken on a project financing basis. It is therefore quite apparent that one should be completely clear on:

Jan 1, 1982

In this paper the reactions which may lead to particle hydrophobicity/hydrophilicity as a function of grinding environment-are reviewed. The results of pulp chemical investigations related to a Cu-Pb-Zn ore on a pilot plant scale and laboratory tests with a Pb-Zn ore to evaluate the effect of some inhibitors on grinding/flotation are presented. The flotation recoveries of the ores treated by conventional and autogenous grinding methods show only a marginal difference and the results favour autogenous grinding. Iron originating from several sources manifests in the form of insoluble hydroxy complexes in the pulps. Such metal hydroxy complexes are hydrophilic and coat the mineral surfaces indiscriminately. On the other hand, selectivity is a problem for pulps ground by autogenous milling. Some corrosion inhibitors used in the laboratory grinding/flotation tests on a Pb-Zn ore showed maximum reduction in the wear of the grinding media ranging from 25 - 36 per cent, depending on the type and concentration of the inhibitor.

Jan 1, 1993

By Baynes F. J, Bermingham A. G

The 6000m long King Headrace Tunnel will be driven through hard Owen Conglomerate in the Eastern third and feldspar porphyry in the Western two thirds, with the anticipated hardness up to 350MPa unconfined compressive strength. Since the Commission had not driven a long, large diameter tunnel for some twenty years, major research was undertaken to assess the current tunnelling trends. Tunnel boring machines were compared with drill and fire equipment. Rail equipment was compared with rubber tyred equipment. Tenders were called with tenderers invited to submit alternatives if desired. Commissioning and production excavation using the equipment is discussed with the final conclusion being that the individual items of equipment purchased combined to make an efficient hard rock drill and blast system capable of progressing through all rock conditions likely to be encountered on the King and Anthony Schemes.

Jan 1, 1987

Some thirty ore minerals occur in the Mount Morgan orebody. Pyrite is the dominant mineral with chalcopyrite, magnetite and pyrrhotite major components. Gold and gold tellurides, in accessory amounts, are economic- ally important. The prevalence of volcanic rocks in the mine area and the presence of trace amounts of such minerals as cassiterite, gold, native bismuth and rutile suggest a voicanogenetic origin for the ore. The ore occurs in a breccia pipe which cuts through the volcanic and associated strata but the former existence of a syngenetic stratiform ore bed is evidenced by the presence of occasional masses of perfectly banded sulphide ore including a barite-rich "black shale" with sulphide layers exhibiting slump structures. Mineralization is thus both _ syngenetic and epigenetic. The orebody (breccia pipe) is intruded by small stock-like bodies of quartz latite which is believed to have been the upward rising magma invading the orebody of which it is the parent. This has resulted in the annealing recrystallization of the ore minerals and the quartzose gangue with a low strain rate due to magma drag and dilation during intrusion.

Jan 1, 1974

Due to collapsing copper prices during 1974/75, a rapid changeover was made at the C.S.A. mine from mechanised cut and fill stoping with incline access to the more economic long hole open stoping method. In 1974/75, 20 per cent of total production came from open stopes. For the 1976/77 year-to- date, more than 80 per cent of total production has been won from open stopes. As a result, mining performance has improved considerably. Stops, drilling performance has increased by more than 50 per cent since the changeover from extension rod, 50 mm diameter cut and fill uphole drilling to 115 mm diameter in-the-hole hammer drilling of holes up to 65 m long. Stops blasting performance has improved from 750 tonnes to 950 tonnes blasted per manshift. Open stope primary blasting per- formance is much higher, but reduces to 950 tonnes per manshift when secondary blasting and firing of hung drawpoints are taken into consideration. Ground control, the most expensive and least productive aspect of cut and fill mining, is almost entirely eliminated in long hole open stoping.

Jan 1, 1977

Qualitative measurement of respirable dust in metal mines is limited and an example of this is demonstrated at Northparkes Mine, where operational experience was sought for measuring dust standards and identifying exposure limits. However, relying on operational experience has limited value due to variation in observations from person to person and is based on visible dust (which is larger in size than respirable dust). However, with sophisticated dust measuring equipment, like the real-time aerosol monitor, dust concentrations can be accurately measured and recorded concisely. Research conducted as part of a collaborative agreement on behalf of Northparkes to launch an occupational dust monitoring program was implemented on the mine site. To form the basis of this research, it was hypothesised that no proper dust measuring testing at the mine site had been adequately identified. In addition, existing occupational hygiene monitoring programs did not adequately quantify employee exposures to these hazards. This project will outline the results of an occupational dust monitoring program, hence greatly improving the capacity to quantify the health risks posed to employees.

Jan 1, 2008

A feasibility study will fail its objective if it does not identify and then correctly assess, all the risks which could have a substantial impact on the financial viability of a project. Before this assessment can be undertaken, one needs to understand the risk profile of the entity which is making the decision about the project. Some of the commonly encountered issues when assessing project risk are related to the problem of not being able to see the wood for the trees. In any risk analysis it is important that conservatism does not strangle a viable project; that the variables are internally consistent with each other, that reality checks are carried out and that appropriate expertise is used. Sensitivity analysis forms a part of the overall project risk assessment; however, it can only test those variables which have already been identified in the financial model. The most useful tool in performing a sensitivity analysis is Monte Carlo simulation. When properly used, it provides a more real world scenario than the simple adjustment of key variables by ¦ 10 per cent one at a time. Monte Carlo can provide valuable information about the robustness of a project. Project risk and sensitivity assessment is prone to the analysis paralysis syndrome. The focus should be on quality rather than quantity.

Jan 1, 1997