Search Documents

This paper will present a series of examples drawn for a number of Australian and international mining companies showing their recent attempts at optimisation of capital. The results will be compared, contrasted and discussed in the light of six factors that are considered crucial to any analysis of this subject. The factors are: ò the market availability of capital ò the corporate strategy and performance ò the capital structure appropriate to the corporate positioning within the industry ò the parties to the optimisation equation ò the measurement of success of optimisation The factors above are not mutually exclusive and are generally interdependent so their order above is of little consequence. Other papers presented at this conference will dwell in more depth on all these factors, therefore this paper shall focus only on the key elements of each factor. By way of summary this paper will also address the issue of the longevity of optimisation - is it temporary or long term.

Jan 1, 1991

This case study reviews the Charters Towers vein systems for potential open-pittable bulk tonnage resources in' stockworks, horsetails or multiple vein systems. The review summarises district evaluation undertaken over the last 18. months before specific drill evaluations.Historical mining from Charters Towers includes in excess of six million ounces at head grades of one ounce per ton. A review and structural studies show most veins as simple, tight systems without significant horsetails or multiple sheeted systems. In addition the normal gold content of the pyritic selvages ('formation') is low and disseminated gold is virtually absent. Shoots are structurally controlled on vein/vein and vein/contact intersections. Historically high production vein systems are hosted by .,.t o of the younger granodiorite phases.Geometrically most veins dip shallowly (from 45¦ to as low as 200) in a north or easterly quadrant. Flat dips permit open cut exposure of considerable vein area at a favourable stripping ratio.

Jan 1, 1986

Australian mining practice operates at the forefront of technology. In recent times Australian designers, contractors and operators have shown many examples of technical "entrepreneurship" in solving geological mining and metallurgical problems. Developments have occurred in the fields of equipment, processing, operating techniques and training which have relevance to the mining industry in other countries. Our mineral exports play a key role in main- taining the viability of the Australian economy. Although the export potential of our specialised equipment and technology is at a much lower level it is a growth area. The export of our mining technology can continue to be basically the result of individual efforts but the question of whether it would be war- ranted and desirable, to establish a coordinating structure should be examined. Existing and new initiatives by the Federal Government indi- cate the Government's interest in the export of technology. The mining industry should take a proactive role formulating policy and programs within its technical jurisdiction.

Jan 1, 1988

By C Rees, M Predebon, J Denney

It has been said on many occasions that æthe future of the mining industry of Australia, and indeed the world, lies in the hands of the studentsÆ. As a student, this can be a daunting, yet very exciting, statement. If nothing else, it is a direct challenge to the student body of the mining industry to take responsibility for its direction æafter 2000Æ. However, for the students to embrace this challenge, some responsibility must be borne by the universities and the industry itself to provide some direction and encouragement. Perhaps, therefore, the real challenge is to find the right balance between students, industry and education to best prepare the students for a career in the mining industry. The future industry will demand students who are capable and willing to adapt to change and technology and able to exert the vision and leadership required to ensure the mining industry continues to thrive well into the next century.

Jan 1, 2000

By Coronel PT

Like companies in other sectors of industry, mining companies are experiencing significant problems with low labour productivity, high labour turnover, and accidents. Increasingly, companies are recognising that good training is a vital factor in dealing with these problems. One such company is Aberfoyle Tin Limited. Early in 1979 the company engaged P.A. Consulting Services Pty. Ltd. (P.A.) to upgrade and formalize its miner training procedures. P.A. developed a programme using their Process Analysis Method of Training (P.A.M.T.) and trained a company trainer in its use. As a result of its application and the establishment of a formal training school, the rate of production of trained miners has been greatly increased. Despite some problems caused by lack of resources at the mine, the trainees graduating under the new scheme have been shown to be of comparable standard to those produced by the previously used "on the job" training method.

Jan 1, 1980

The Professional Standards Act responds to the growing problem of professional liability by introducing a mechanism whereby professional associations can have schemes approved. Those schemes include a cap on liability; a requirement for compulsory insurance; the development of risk management strategies; and the establishment of a complaints and disciplinary system. The Act is also designed to support and develop the concept of self-regulation by the members of occupational associations who provide services to the community by providing them with those tools. It implicitly accepts that self-regulation is preferable to statutory regulation and that self-regulation serves the interest of the community and of the providers of services. The Act arose from a review of professional liability commenced in 1988. The Attorney General's Department produced an Issues Paper, released in September 1989, which outlined in detail the extent of the problem. This was widely circulated and an extensive number of comment were received.

Jan 1, 1995

The methodology (i.e. procedures) used in testwork for modifying, improving, selecting, designing or developing processes is reviewed and possible improvements described. Minerals and particles could be characterised more comprehensively with modifications of existing procedures. Identification of the dominant phenomenon in a process could help bring the results of laboratory tests closer to plant performance. Improvements in pilot plant testwork could reduce the frequency and magnitude of problems in materials handling and separation in production processes, and increase the quantity and quality of the data obtained from a limited number of tests. Longer-term improvements in methodology depend on some changes in basic research. Information is required about all of the phenomena that occur in a production process rather than sophisticated models of specific phenomena. Theories, correlations and computer simulations could be used more effectively in testwork if they were simple, capable of forecasting the effects of changes and applicable to a number of similar processes.

Jan 1, 1986

Attention is given to three possible alternative structures namely corporate joint venture, partnership joint venture and unincorporated joint venture. A corporate joint venture involves the formation of a separate and distinct legal entity with limited liability. The shareholders of the Company will be the members of the consortium. A partnership joint venture involves the members of the consortium joining a formal partnership. The partners will conduct the business in common with each other and will share the profits and losses of the project activities. The partners will be jointly and severally liable. An unincorporated joint venture is distinct from a partnership. The members of the venture will not be jointly and severally liable. Taxation and accounting aspects are examined and an outline provided of a typical joint venture agreement. The two main advantages of an unincorporated joint venture are considered to be a favourable treatment for income tax purposes and a greater degree of flexibility when compared with the corporate joint venture and the partnership joint venture.

Jan 1, 1983

The paper re-visits an old and proven concept of winzing, a method widely used in the past to gather exploration data for accurate definition of the orebody. It is proposed to use a mobile Supersucker (a giant vacuum cleaner also known as vacuum lift), to carry out winzing activities underground. A brief description of conventional underground winzing used in the past is provided, together with a discussion on other underground bulk exploration methods used in Australia to date. Historical background, principles of the proposed system, Supersucker construction details and productivities, and benefits and advantages of the proposed system in comparison with other exploration methods, are outlined. Other relevant applications of the mobile Supersucker, including surface winzing, are also briefly discussed in the paper. With a view of using the mobile Supersucker to recover all broken ore stocks underground, included are also results of floor sampling conducted recently in the in-stope decline excavated in a coarse gold type, high-grade orebody.

Jan 1, 2002

By J Lim, M Powell, P J. Scales

The current philosophy employed in the design of mineral processing plants effectively involves bolting together segmented unit operations both chosen and optimised from a product-centric perspective. In this context, integration of water saving technologies at an overall plant level becomes difficult and often only local water efficiency improvements are feasible. In general only limited benefit can be obtained from such add-on solutions. It is therefore proposed that to obtain significant savings in water consumption and reductions in the volume of discharged contaminated water in the mining process, the entire process along the mining and mineral processing chain should be addressed This paper explores aspects of the processes that may be modified to provide an integrated and combined step change saving in water consumption. It is also apparent from this study that taking a more holistic view of the process can provide significant benefits in energy savings and total cost of production, providing the potential of a substantial win-win outcome.

Jan 1, 2009

The blasting of the 2190_6095 stope at Kimberley Nickel MineÆs Sally Malay operation in Western Australia is an example of what can be achieved with electronic detonating systems when a drill and blast engineering team is faced with complex blast geometry and a major pump station in close proximity to the stope. Using Dyno NobelÆs HotShotÖ system, the engineering team successfully designed and initiated the 36.5 Kt stope firing, with a powder factor of 0.35, resulting in no damage to the pump infrastructure, better fragmentation of the ore and less overbreak in what had previously been a geotechnical and geometrically challenging stoping environment. This paper will discuss the design parameters used for this stope blast as well as the benefits the operation found in using precision detonator timing in this 252 hole shot over two levels using a combination of up and down and slashing rings that were initiated in four different directions.

Jan 1, 2007

By Chisholm J. M

Why go to the CIS? The vast mineral potential of the Commonwealth of Independent States (CIS) has long been recognised, but it has taken the lowering of the iron curtain to open up the region to serious mineral development consideration by the Western World. The advent of a free market economy and the emergence of the Independent States with pressing needs for foreign investment has led to a greatly improved investment climate. Coupled with the desire for some of the more entrepreneurial resources companies to head the wave of investment to the region, this sequence of events has promised a great deal, but delivered only modest progress to-date. Potential gold project development has provided the major focus, for three reasons: the region is highly prospective for gold, gold projects tend to have a relatively lower start-up capital cost compared to base metal and fossil fuel projects and finally bullion or refined gold is more readily transportable and easier to sell.

Jan 1, 1996

By Trevits MA

The United States Steel Corp. in cooperation with the United States Government is conducting a large-scale methane drainage field demonstration using stimulated vertical boreholes drilled in advance of mining. A grid pattern of 23 boreholes, isolating approximately 1.5 km2 of coalbed area, has been drilled to the lower bench of the Mary Lee coalbed, Jefferson County, Alabama. Upon completion of drilling operations, various hydraulic stimulation treatments utilizing nitrogen-generated foam, water, and gelled fluid were performed to enhance the rate of methane gas removal. Production from the grid pattern began in September 1977 and continued as the last borehole was placed on production during October 1980. To date, in excess of 33,800,000 m3 of methane gas has been drained as a result of this effort. Underground mining operations were approximately 3.2 km from the grid pattern when production began and have currently progressed to within 1.6 km. Underground interception of the grid is expected in 1986.

Jan 1, 1982

This paper describes some experiences in the design of flotation reagent schemes for the efficient flotation of complex gold ores containing free gold and/or gold associated with easily flotable sulphide minerals such as chalcopyrite and bornite. Historically, the design of gold flotation reagent schemes has been based primarily on experiences using high dosage levels of water soluble charged collectors such as xanthates and dithiophosphates and carefully controlled regions of pH. This approach has been effective with gold associated with complex sulphide minerals, in particular gold associated with iron sulphides such as pyrite. An alternative two-stage reagent approach is presented that is applicable to certain types of gold ores. This approach involves using very small dosages of uncharged water insoluble collectors at natural ore pH followed by a modified bulk flotation reagent approach for the second stage. The reasons for utilising this approach, when applicable, are discussed and illustrated with examples.

Jan 1, 1997

By Robson L. C

The developing countries whether they be in Africa, Asia or the Pacific, are a potentially vast market for the technologies of the more developed countries.Conducting business in the less developed countries however requires a keen understanding of their culture. A keystone of the culture of the Pacific Island Nations is kinship with the land. Without an appreciation of the implications of the land rights debate, a business venture into these countries is likely to be delayed or even doomed to failure.The European heritage, with its notions of private ownership of land, have frequently been a stumbling block to a proper understanding of the concepts of customary lands. According to our laws, ownership of land confers a number of definite rights: principally the right to use the land, the right to exclude others from its use, the right to transfer it and the right to receivF income from the property independent of use.

Jan 1, 1990

By P O. Andersson

Mining of sill pillars is more difficult than the ordinary mining. The sill pillar mining is performed under more difficult conditions and the mining of the sill pillar itself produces more problems; failure of the rock due to high stresses, difficulties in controlling the fill above, overall stability of the stope and special requirements on the technique for backfilling. Altogether this makes sill pillar mining technically difficult and often not profitable. A project was therefore initiated with the aim to increase the mineable ore reserve by making sill pillars mineable, both technically and economically. The project aimed at developing technique for already existing sill pillars as well as planned sill pillars. For the existing sill pillars a technique would have to be developed for mining beneath unstabilised fill. For sill pillars that would be created in the future, the most suitable mining method and methods of supporting or stabilising the fill in the stope above was to be chosen within the project.

Jan 1, 1998

By H Durrant, P I. Corke, J Cunningham

This paper reviews the state-of-the-art in the automation of underground mining vehicles and reports on the development of an autonomous navigation system under development through the CMTE with sponsorship arranged by AMIRA. Past attempts at automating LHDs and haul trucks are described and their particular strengths and weaknesses are discussed. The auto-guidance system being developed overcomes some of the limitations of state-of-the-art prototype æcommercialÆ systems. It can be retrofitted to existing remote controlled vehicles, uses minimum installed infrastructure and is flexible enough for rapid relocation to alternate routes. The navigation techniques use data fusion of two separate sets of sensors combining natural feature recognition, nodal maps and inertial navigation techniques. Collision detection is incorporated and people and other traffic are excluded from the tramming area. This paper describes the work being done by the group with regard to auto-tramming and also outlines the future goals.

Jan 1, 1998

By J Champa

The mining industry internationally seems on the verge of a major underground support revolution as suppliers, mines, consultants and researchers develop, test and use thin support (structural) membranes (or superskins as they are commonly called) mainly as a replacement for screen/wire mesh. Thick membrane support in the form of shotcrete (sprayed concrete) has been used since the 1950s in underground mines. Shotcrete, in mines, is generally applied at a thickness between 25 and 100 mm depending on the need. Thin membranes are however applied at a typical thickness between 2 and 6 mm. Certain thin membranes have been available for several years (Tannant et al, 1999), but the intense interest in such supports has only grown in the last few years. The interest lies mainly in the potential to safely reduce the mining cycle time and hence improve productivity. There is however considerable confusion concerning such supports, and this paper attempts to clarify certain aspects and dispel certain misconceptions and myths about thin support membranes.

Jan 1, 2000

By Muchi I

To clarify the characteristics of non-uniform flow of gas through layered burdens of ore and coke, flow equations of continuity and motion were solved numerically taking account of the geometrical effect of a bed. The results are compared with that predicted by an approximate solution. A mathematical-kinetic model for determining the distributions of process variables over the region from the top to the melting level of blast furnace with the horizontal or the inclined layers of burdens is developed in consideration of the uneven gas flow. By the use of this model, the longitudinal and the radial distributions of process variables in an existing blast furnace in Japan were calculated with the aid of a digital computer. Computed results show that the process variables and the melting level change remarkably over the cross-section of the furnace and that the patterns of these distributions are similar to the results observed by other investigators.

Jan 1, 1975

By Just GD, Phillips R

The application of high pressure water jet technology to the drilling of longholes in coal has resulted in the development of a system currently capable of drilling to lengths greater than 200m. Field tests at the German Creek Mine have demonstrated directional control of the holes within a 0.5m section of the seam. Initial application of the technique at the German Creek operations is for drilling methane drainage holes. These developments, in three stages, result from support by the National Energy Research Development and Demonstration Council

Jan 1, 1991