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By Jr

This paper provides a comprehensive review of the requirements of a full due diligence study for a coal property acquisition in both text and table format. From the initial scoping of the assignment, the paper discusses in depth from reserve base validity and mineability; historic performance; plant and equipment; future mine plans; infrastructure; capital spending and operating costs; labour and management; future risk assessment and environmental liabilities; marketing; valuation and finally acquisition synergies. All are important areas to ensure the viability of the acquisition and to identify and minimise the project risks.

Jan 1, 2003

The excavator selection process is quite complex due to the large number of influencing factors, many of these are variable and difficult to accurately define. The majority of mining companies prepare a tender of general specifications and suppliers will then match a product to those specifications. The mining company will then evaluate the tenders on the basis of the best available deal. In this paper, the importance of open pit excavator selection in terms of its impact on operating costs is analysed and discussed. A rigorous process for selection is then outlined.

Jan 1, 2003

Open pit planning and scheduling play a significant role in establishing, maintaining and improving the economics of open pit mining ventures.The development of an open pit plan and schedule involves consideration of the following elements:ò the market for the mineral, ò the mineral deposit,ò the treatment process, ò the external factors,ò the mining method,ò the scale of operations, ò the open pit design,ò the open pit schedule,ò the calculation of economic performance, andò the implementation of the open pit plan and schedule.The above factors are described and discussed. Open pit planning and scheduling is the linkage which enables a mineral deposit amenable to open pit mining to meet a market requirement for the particular mineral. To effect this linkage the open pit planner should have a good detailed appreciation of both the mineral deposit and the market.

Jan 1, 1992

Taxation is a major factor in evaluating mining project developments. The availability or otherwise of effective tax relief for project expenditures can have a crucial bearing on the decision to proceed with a project. The special position of the mining industry is recognised within the Income Tax Assessment Act (the "Tax Act") by special legislation, namely Divisions 10, 1OAAA and 10AA. The legislation both extends the scope of items which are eligible for deduction and affects the timing of deductions. Generally, the legislation separates expenditure into 3 categories: 1. Expenditure on exploration 2. Capital expenditure on the development and the running of the mine; and 3. Facilities used in the transport of minerals. Companies evaluating a project should carefully analyse their proposed expenditures, allocating them between these categories so as to identify potentially non-deductible expenditures and to determine the period over which tax relief will be Obtained.

Jan 1, 1983

The kinetics of the hydrogen reduction of iron oxides in granular calcined bauxite were studied at 550-1,050°C in a shallow bed reactor. The iron oxides behaved as a dispersion of particulate iron oxide in a porous alumina matrix in which the iron oxide particles were reduced independently. The observed rates of reaction were found to be virtually independent of the bauxite grain size. At 800,°C and above, the reduction was multistage, Le.1. Fe203 +2Al203 (matrix) ?2FeAl204, and2. FeAl204? Fe0 +Al203.Reaction 1 was very rapid. Reaction 2 was much slower, the latter stages being controlled, at least in part, by phYSIcal changes of the Fe0 and a-Al203 produced in the reaction. Owing to the observed nature of the material, the reaction rate controlling steps could not be determined.

Jan 1, 1972

Exploration of a coal deposit provides the data on which a range of mine plans can be developed during project feasibility. The stages of exploration use methods and procedures which initially outline the deposit with more detailed data gathering and analysis of the specific site complexities. The in situ coal resource and reserves are calculated. The mine plan is a function of the mining method chosen and can have significant impact on the recoverable reserves. Other factors which can impact on the recovery of the reserves and the ability to maintain planned production levels are those which were either undetected during exploration or were misinterpreted. Exploration programs should be detailed enough to minimise to an acceptable standard the recognised and potential risks. Past programs which explored to achieve a minimum exploration density required to satisfy measured reserve status have generally proven to be inadequate, placing reserves and production at risk.

Jan 1, 1997

By Thomas E. G

In the economic evaluation of any Australian mining project, changes in taxation can significantly affect viability. Australian tax laws, particularly in the period since early 1973, have undergone many changes which have led to shifts in the profitability of mining companies. This paper examines the sensitivity of a selected, broadly based sample of Australian mining companies to the changes that have occurred, or are reasonably likely to occur, in taxation legislation. In the past, tax systems have been altered for a variety of reasons, such as 1. reduction'in the impact of inflation 2. neutralization of incidence between different sections of the economy 3. as an incentive to encourage expansion and growth in a particular industry or area, and 4. increase in the real "take" of government. In this paper, conventional rate of return analyses are applied in a study of how profitability is affected under various taxation systems.

Jan 1, 1977

Gentlemen, you heard the good Doctor has commissioned me to make a'summary of the proceedings to date and also to close the said proceedings. It seems that over the years the business of making a summary alternates between'Mr. Pearce and myself, also I,think that w~oever is around onthe day in question 'obtains the task and apparently I drew it this, year. It is hoped you will be patient as previous experience in this capacity'indicates that the best way to proceed is to have a brief summary on each paper and then do a summary of summa~ies. This makes the approacha little cumbersome but it is felt to be fair to each author and it brings'back to the audience some recollections of what transpired at the time and they can make their own decisions, which may not necessarily agree with those of the 'sum'marisor.

Jan 1, 1983

Most of the copper deposits in the Lachlan Geosyncline fall within areas having either a common host rock, mineral assemblage, form of ore body or time and method of emplace- ment. On this basis a Cobar-type ore has been recognised in the deposits of the Cobar -- Mt. Hope - Melrose region. The copper ores in the Tottenham-Girilambone area to the east have a different mineral assemblage. In the more rugged Central Highlands nearer the coast copper deposits are generally concentrated either in one of several Ordovician andesite belts, particularly between Wellington and Woodstock, or within Silurian acid volcanics developed in irregular fashion over a considerable portion of this region. In only a few instances is copper known in the granite batholiths which adjoin these volcanic belts. Native copper and magnetite are characteristic of the deposits of the andesite province and it is possible that future mineragraphic studies will indicate significant differences in the base metal sulphides of both the andesitic and the more acid volcanic belts. Ores having similar mineralogy and form to the Captain's Flat deposit are known at various localities in the eastern segment of the latter belt. In the Gundagai area several small copper deposits with associated nickel minerals have been developed in the Coolac Serpentinite belt.

Jan 1, 1969

By B Hu, B Zhang, J Wang, H Ma, D Liu, L Han

Zeolites are potential carriers of slow release fertilisers due to their unique phenomenon for salt occlusion. A comparative study was performed on the capacities of potassium nitrate (KNO3) occlusion in molten KNO3 treated synthetic 4A and 13X zeolite molecular sieves with main channel sizes of 0.41 x 0.41 nm and 0.74 x 0.74 nm respectively. The results show that in a laboratory setting, the treated zeolite 4A contained 13.57 per cent of occluded KNO3 and the treated zeolite 13X did not contain any. This was confirmed by the regular release of K+ and NO3- during washing both treated mixed samples with water and by their IR spectra and TG analysis. There are also changes of the relative intensities of peaks in X-ray diffractograms of both treated zeolite samples. K+ release from molten-KNO3 treated zeolites in deionised water and simulated soil solution shows that release of K+ from KNO3 occluded in zeolite 4A are slow and steady. Proper size fit between the channel size of zeolites pore and the size of K+-NO3- ion pair of KNO3 is the decisive factor for zeolites to occlude KNO3.

Jan 1, 2008

The flotation circuit handling Peko ore at Peko Mines N.L. was examined in July 1970 with a view to determining simple changes in circuitry or reagents which could improve the grade and recovery of the final copper concentrates. The investigation included sampling over one shift followed by detailed testing of the samples by sizing-assays, sizing-mineralogy and sizing-liberation. Mass balances were carried out over total streams, the component minerals and the copper contents. Some laboratory work was carried out to assess the effect of salinity on flotation. In order to handle the sizing-mineralogy calculations a computer programme was set up. The raw data were corrected for locking factors, then mineral and elemental distributions cal- culated for each screen fraction and the total sample. Calculated assays from grain counting were compared with chemical assays. Recoveries through the size-ranges re- vealed very rapid flotation of copper minerals at sizes below 350 mesh. This pointed to a possible circuit improvement by desliming rougher tailings ahead of the scavenger stage. A strong correlation was found between water in concentrates and gangue recovery for the subsieve sizes. This pointed to clean water additions to the cleaner circuit as a way to 1 Project Consultant, The Australian Mineral Development Laboratories, Adelaide, South Australia.

Jan 1, 1972

Project Hobson involves the replacement of an existing 90-year-old above-ground sewer that crosses Hobson Bay in Auckland, New Zealand, and which is nearing the end of its economic life, with a 3 km long, 3.7 m internal diameter segmentally-lined bored tunnel. The $118 M project will offer several benefits to the owner, Watercare Services Ltd, and the local community:provide capacity to meet projected growth in the region,virtually eliminate wastewater overflows into Hobson Bay and the Waitemata Harbour, andremove an obtrusive visual feature and open up the bay for recreational purposes. The geology in the region is a sedimentary formation, which has been significantly influenced by volcanic activity; 49 volcanoes are present within 20 km of the nearby city centre. The geology along the alignment is dominated by two palaeovalleys which have been infilled with a combination of marine alluvium and volcanic deposits. Watercare Services Limited has elected to manage and share tunnelling risk through, among other key measures, the implementation of a geotechnical baseline report (GBR); one of the first uses of this type of document in Australasia. This paper describes the general principles behind the use of a GBR, the development of the GBR used in Project Hobson and some lessons learnt.

Jan 1, 2008

By P J. Harper

Maximising shareholder value is a widely stated strategic goal of many mining companies. Mining projects can be capital intensive and achieving good returns is essential to encourage future investment in the industry. Despite the widely accepted importance of shareholder value, the minerals industry is often accused of providing relatively poor returns when compared to other industries. There are many recent and well publicised examples of minerals companies that have failed to deliver value to their shareholders. There are numerous business improvement initiatives employed within the mining industry to assist mine operators improve performance. Some are more effective at creating value than others. Benchmarking is one technique that is commonly used to identify performance gaps and target and prioritise opportunities for improvement. However to be effective, Benchmarking must be used appropriately and result in actions that lead to measurable operational improvement. When conducting a Benchmarking project it is important to remember that the aim should be to improve value. For this to be achieved, the strategic goals must be incorporated into the process. This paper details a structured and comprehensive approach to conducting a successful Benchmarking project. Focusing on Benchmarking as a technique for measuring and improving operational performance in underground mines, the underlying drivers of best practice in underground mining are identified.

Jan 1, 2005

By Finch JA, Uribe-Salas A

The relationship between the process variables and hydrodynamics of a downflow concurrent column (Jameson cell) was investigated in both two and three-phase systems. Gas holdups from 10 to -60 per cent were obtained at gas rates up to 15 cm/s (STP), liquid (slurry) rates up to 25 cm/s, frother concentrations of 5 and 25 ppm, and slurry density (silica) up to 1.23 g/cm3 ina 3.8 cm diameter, 190 cm high column with a 0.5 cm diameter nozzle. Gas holdup decreases with feed rate and increases with gas rate, reaching a maximum (-60 per cent) at a gas rate to feed rate ratio of about one. Gas holdups were higher with slurry compared to water as feed. Stable operation was difficult to maintain at high gas rates especially with low frother dosage; operation was not possible without some frother. Instability was characterised by loss of pool level or formation of slugs. The slugs could move up or down or remain oscillatory. A quantitative relationship between the variables and gas holdup or onset of instability was not identified. Conductivity and pressure-based techniques were successfully tested on-line for estimation of gas holdup and to judge the state of operation (eg formation of slugs).

Jan 1, 1993

By Andrew R. L

The Kintyre uranium deposit was discovered in 1985 in the course of following up radio- metric anomalies generated in an earlier air- borne survey. The latter survey was conducted primarily to acquire aeromagnetic data for diamond exploration and the uranium discovery was made during a subsequent campaign of base- metal exploration. CRAE commitment to the Rudall area for a range of commodities over a period of 13 years made a significant contrib- ution to the discovery of Kintyre. Other con- tributing factors included CRAE's multicommod- ity approach to exploration, management support and continuity in the geological team. The Kintyre uranium deposit (Fig. 1) is located on the northern margin of the Rudall Metamorphic Complex, 60 kilometres south of Telfer and 260 kilometres north northeast of Newman, in the Paterson Province of northern Western Australia. It is 700 metres inside the northern boundary of the Rudall River National Park (15695 sq. km) and lies between the Great Sandy Desert and the Little Sandy Desert (Beard, 1969). Intense weathering since the Permian has produced a subdued landscape around the deposit. Resistant rock types still retain an older plateau surface but it is incised by more recent streams. Other Proterozoic and Permian rocks form low, sometimes rocky, areas largely covered by aeolian sand.

Jan 1, 1988

During the past decade geopolymer technology has emerged as a possible solution for the effective stabilisation and solidification of waste materials. Amorphous to semi-crystalline geopolymers form by the co-polymerisation of individual alumino and silicate species, which originate from the dissolution of silicon and aluminium containing source materials at a high pH in the presence of soluble alkali metal silicates. It has been shown previously that geopolymerisation can transform a wide range of waste alumino-silicate materials such as fly ash and blast furnace slag into building and mining products with excellent chemical and physical properties, including high compressive strength as well as fire and acid resistance. These chemical and physical properties suggest that geopolymeric matrices derived from waste materials are well suited for environmental and other applications such as the encapsulation of mine tails, the immobilisation of heavy metals and also the fabrication of structural products. The current challenge is to demonstrate that a wide variety of natural Al-Si minerals could serve as potential source materials for the synthesis of geopolymers. Moreover, it should be shown on a large commercial scale that it is possible to encapsulate waste materials into the geopolymeric structure without compromising the chemical and physical properties of the final product for the desired application.

Jan 1, 2000

Erratic, though spatially localised occurrences of gold particles are a common feature of high-nugget gold systems. In many cases, gold is present as isolated or clustered, often coarse particles. The nugget effect is a part consequence of small-scale geologically controlled enrichment, and the inclusion or exclusion of gold particles from samples. Economic zones are generally contained within discrete structurally-controlled ore shoots which are surrounded by, and may include barren to low-grade background material. Problems are often encountered where small sample types (eg drill core and channel samples) of a few kilograms mass understate in situ grade by up to a few orders of magnitude, due to their general inability to represent the true gold particle distribution. This leads to uncertainty in mineral resource estimates. This contribution presents case studies where geologically-based parameters have been collected from drill core and underground faces to support grade determination. These parameters - or proxies - are based on mineralogical and/or geochemical (eg specific elemental ratios, fluid inclusion compositions and elemental correlations) criteria. Such criteria can be correlated with different grade domains to provide an indication of true grade within a geologically-controlled context. Proxies have recently been used to support resource estimates reported in accordance with the JORC Code.

Mar 1, 2010

By J Barnes

During September 2000, Nabalco management identified the need for a corporate system to deliver its key performance indicators (KPIs). In June 2001, a need was also identified to replace the existing metallurgical accounting system. After a review of the technologies available, the decision was made to develop the systems in-house, in preference to purchasing commercial software packages. This would allow much greater control over the structure, and provide for an iterative, concurrent development process between software and key business developers. This has proven invaluable in the development process. The purpose of the KPI system is to provide a unified reporting tool for all performance indicators. These indicators include production, safety, health and environment, personnel, costs, continuous improvement initiatives and opportunity losses. All of these disparate measurements are brought together into the KPI system and used to determine the performance for each department or area. The general principles of the balanced scorecard business approach (Kaplan and Norton, 1996) are applied to achieve a performance measurement for each area within Nabalco. The new metallurgical accounting system (MA) is a SQLServer database with web page and Excel interfaces. The database is structured around daily inputs of all measurements and calculations. The data is stored and adjustments and reconciliations can be made to this data as required. The focus is on accounting rigour, with all adjustments recorded in the database to allow for full auditing. The structure of the data focuses on the five input/output streams (bauxite in, caustic soda in, fuel oil in, residue out, and alumina out). In-circuit inventory provides a secondary measurement on which to check and calibrate the MA system. The KPI and MA systems were developed using Web technologies and are available to any internet-enabled device with Internet Explorer installed. This removes the need for software rollouts and user training. This will promote the wide use of the systems throughout Nabalco and Alcan.

Jan 1, 2002

By K Dudley, D Readett

The design of entrainment control processes in copper SX plants has been studied by use of models based on achievable plant performance. A number of alternatives have been assessed for their suitability in minimising the transfer of deleterious species from PLS into the electrolyte. The position of the wash (scrub) stage in the circuit, either before or after the loaded organic tank, has been the subject of considerable debate. The modelling shows that at ænormalÆ entrainment levels, the performance of the circuits are very similar. However at high entrainment levels the selection of the wash after the loaded organic storage has significantly lower transfer of contaminants. When considering the inclusion of a loaded organic coalescer the results of the modelling again show that the best circuit has the loaded organic storage/coalescer before the wash stage. The overall control of EW contaminants includes both a wash stage and an EW bleed flow. The total water use for these two flows is shown to go through an absolute minimum. The minimum flow rate is not greatly dependant on the total entrainment from the SX settlers. This can be a useful operating strategy if the quantity of high quality water for make up is limited by the capacity of the water treatment plant (eg RO). However the minimum cost option is to maximise the flow of water to the wash stage and minimise the EW bleed stream. The main driver for this is the cost of the cobalt sulphate contained in the electrolyte. Some results from the latest circuit modifications at the Nifty and Girilambone Copper Projects are presented to confirm the benefits of using both coalescing systems and a wash stage. The EW bleed has been reduced to a level that is less than the loss internally in the SX stage to stage entrainment. There has been an occasional need to add chloride to the EW to maintain sufficient concentration to act as a growth modifier.

Jan 1, 2002

By R Dunne, D Yan

In flotation where a bulk flotation concentrate is produced or a gangue sulfide such as pyrite contaminates a concentrate, residual collector has to be removed from the sulfide surfaces to allow selective separation in a subsequent flotation step. Depending on the sulfide mineral, the main species that needs to be removed when using a xanthate collector is either a metal xanthate or dixanthogen. For the identification of surface species, specific solvents may be used to remove each species û metal xanthates are known to be soluble in acetone whilst dixanthogens are known to be soluble in non-polar solvents such as diethyl ether. Xanthates break down with time, temperature and pH into various decomposition products. The major decomposition product is dixanthogen which can aid flotation but other products such as perxanthate and carbon disulfide can have an adverse effect on flotation. Various analytical techniques can be employed to monitor the formation of decomposition products on the surface of the mineral and in solution. The best of these is ultraviolet spectroscopy as it has diagnostic peaks for decomposition product determination. In this work two approaches were taken to understand the relationship between the flotation of a chalcopyrite and pyrite from an ore containing these two minerals. One approach was to remove the xanthate species with an organic solvent and then use ultraviolet spectroscopy to determine the concentration of dissolved species. The second method involved measuring xanthate decomposition in solution by measuring the residual xanthate concentration using ultraviolet spectroscopy. These experiments confirmed the species adsorb at the surface of the mineral and how these species affect the recovery and grade of the valuable mineral. In both cases pH and temperature were varied and two xanthate collectors (SEX and PAX) were used to study these relationships. These relationships could be applied to industrial flotation systems and allow for more accurate determination of optimal xanthate dosage and hence save on reagent costs.

Jan 1, 2005