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By O C. Aitken

Mining project developers are committed to taking on all the challenges and obligations of financial risk management. It is interesting that our current models of project finance have not changed markedly in principle for some 700 years, yet the rules which prepare the way for effective project assessment and subsequent loan management still do not seem to be well understood by project or corporate developers. Probability and gravity fill the opposing trays of the golden balance of financial risk. Understanding the relationship between these opposing, but intimately related elements is critically important for successful risk management. It is important to move beyond the qualitative approach and use quantitative methodologies to measure the financial impact of the occurrence of each major risk. We live in a world where the only constant is change and thus it is not surprising that a bankerÆs life is still governed by assessing, measuring and pricing risk. Banks are attracted to funding well managed companies with strong cash flow projects. But we are more risk averse compared with the credit appetites of late last century. This attitudinal shift has resulted in tougher term sheets for the early 21st century, encompassing more conditions, warranties, undertakings and stronger cash sweep provisions. Banks require well balanced portfolios to achieve an acceptable spread of risk, thus there is a more restricted market for small company lending than that available to large multi-project corporate entities with less concentrated risk profiles. Because of this focus, junior company debt finance remains comparatively expensive and especially so for more challenging geographical and political environments.

Jan 1, 2004

By A Proudman, J Isles, R Lawolo, G Forster

PT Nusa Halmahera Minerals (PT NHM) is an Indonesian joint venture company owned by Newcrest Mining Limited (75 per cent) and PT Aneka Tambang (Persero) (25 per cent). PT NHM operates two underground gold mines, Kencana and Toguraci at the Gosowong mine site in North Halmahera District, North Maluku Province, Indonesia.Due to several major stope overbreak events at Toguraci, the mining method and sequence was reviewed. The method was changed from a bottom up Avoca stoping approach using waste rock as fill material and leaving sill pillars, to a top down open stope method using paste fill without sill pillars.The revised mine plan originally had stoping progressing from the current level to the base of reserves followed by extraction of the sill pillars in the upper levels at the end of mine life. Geotechnical modelling was conducted on the revised mine plan and it was recommended that the sill pillars be taken early due to the risk of them overstressing and being difficult to recover if left until the end of mine life. The backfill material above the sill pillars is unconsolidated run-of-mine development waste rock or unconsolidated rock fill (URF).Due to earlier attempts to extract sill pillars under URF not being successful in the upper areas of the mine, it was stipulated that the URF above the five remaining pillars must be consolidated prior to stoping. Cost benefit analysis showed this to be justifiable due to the high-grade nature of the ore locked up in the pillars.Grout was initially planned to be injected in one pass through self-drilling anchors (SDA) in a 2.5 m pattern. Initial attempts to do this failed due to the SDA aperture and grout consistency. A modified method was employed using poly pipe installed into open holes that were drilled through the sill pillar and into the URF from below. Repeated application at each location ensured full grout consolidation. Drill holes were used to confirm grout thickness as well as add more grout. Design thickness was based on stress analysis.Despite different URF types being present due to varying quantities of fines, the process was similar for each area. The presence of paste in the URF of one target affected the quantity of grout it received.With a design thickness of 4–5 m of consolidation in the URF, depending on stope width and dip, each consolidated pillar (to date) maintained integrity during the stope operation. Some fall of material was anticipated; however, quality assurance / quality control (QA/QC) during grouting, staged stope extraction and careful blast design minimised fall of material.CITATION:Proudman, A, Isles, J, Lawolo, R and Forster, G, 2017. Rock fill consolidation for the extraction of sill pillar stopes at Toguraci gold mine, in Proceedings 13th AusIMM Underground Operators’ Conference 2017, pp 199–210 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 16, 2017

The author summarizes and extends the relevant results of papers previously published by various authors and presents these results in chart form. The charts are used to demonstrate the theory on a hypothetical mine.INTRODUCTIONRecently a series of articles have dealt with leakage in a mine ventilation system and the problem of its reduction.Theories were developed by Peascod and Keane (1955) for the combined effect of flow in the airways and leakage through the porous barrier between the intake and return of an ideal mine. Later Keane and Peascoa. (1956) extended these ideas to the use of an underground booster fan in increasing the face ventilation and showed how to determine the water gauge and location of the most efficient underground fan.These articles were based on the assumption that Atkin:son's formula:P = R Q2 (1)gave the relation between the pressure drop P lb'/sq. ft., the quantity, Q kilocusecs, flowing in the mine airways and the total resistance, R Atkinsons, to air flow offered by the mine roadway. An Atkinson is defined as a resistance such that 1 kilocusec of air flows due to a pressure drop of 1Ib.jsq. ft. However for conditions prevailing in most mines a more :appropriate relation is that postulated by Reynolds and others (Lamb, 1953) :P=R Qn (2)where n has some value slightly less than 2. It should be noted that Atkinsons may not be used as units when n is not equal to 2.

Jan 1, 1958

By F K. Buckley

Currently, Kanieri Gold Dredging Limited operates the only large scale gold dredging operation in New Zealand. It dredges a claim in the Taramakau River using the bucket dredge 'Kanieri'. This dredge, a 'Yuba' type, was designed and built in the 1930s. On the current claim it works about 12 hectares of ground a year. Because of its design, the tailings from the 'Kanieri' make land restoration difficult. This was unimportant until it commenced its new claim ML-32-310 in 1978. The conditions, attached to this licence required it to restore the land for afforestation, the designated use fur the Crown land being mined. With the company planning to work future claims on the Grey River, it decided to undertake restoration work on the Taramakau to demonstrate its capability of establishing pasture land on tailings, a more difficult task than restoring the land for afforestation. After two years and the restoration of two blocks totalling 22 hectares, reasonable pasture establishment has been achieved. Much has been learned to date and further refinement of the techniques used will take place over the next two years. The quality of the tailings produced has improved as a result of the limited modifications possible on the existing dredge. This has been significant in achieving better results. The knowledge gained will be taken into account in future dredge design. Both the Company and its Consultant are confident of achieving satisfactory restoration of dredge tailings for pasture land.

Jan 1, 1981

GENERALTHE coal deposit, where it is being worked, consists of a bed of brown coal varying in thickness from 120 ft. to 200 ft., covered by an overburden of clay, drift, loam, etc., of a thickness of 22 ft. to 40 ft., and averaging 28 ft.The overburden is first entirely removed from the coal, and then the coal is excavated by. large revolving shovels which work at the bottom of the hole or open cut in the coal and deliver it in shovel bucketfuls to the transport system. The shovels owned by the Commission and available for this coal excavation are two Bucyrus steam revolving shovels, one being type 150B, weighing 150 tons, having a 21-cub. yd. bucket, and capable of digging a 47-ft. face; and the other being type 175B, weighing200 tons, having a 31-cub. yd. bucket, and capable of digging a 61-ft. face.In addition to these two steam shovels, the Commission has recently obtained a No. 250 Ruston electric revolving shovel weighing 340 tons, and having a bucket of 10 cub. yd. capacity, and capable of digging a 75-ft. face. When this electric shovel has been erected it will replace the steam shovels on the coal excavation, and the permanent transport system has been designed to take delivery of the coal from its bucket.The duty to be performed by the transport system is to take the coal from the shovels, elevate it out of the open cut, transport it to the screening house, deliver it iuto the hoppers at the top of this building, then to take the coal after it has passed over the screens and distribute the required grades to the power house and to the briquetting plant.

Jan 1, 1924

By A B. Christie, R L. Brathwaite, A Swain

This study provides quantitative data on vein distributions within seven selected epithermal systems, four deposits hosted predominantly in rhyolitic rocks: Ohui, Wharekirauponga, Neavesville and Komata, and three major deposits mainly hosted in andesite: Martha Hill, Golden Cross and Karangahake. The technique of fractal analysis was used to help quantify vein distribution patterns. The fractal dimensions (D) obtained are related to the number of veins per metre, the degree of vein clustering, and vein thickness. An increase in any of these tends to increase the fractal dimension.   It is the relative relationship of these parameters that is important for the characterisation of vein distributions, and the comparison of different deposits. Within the same systems, the rhyolites are characterised by lower vein thickness and vein density, but have a higher degree of vein clustering compared to the andesites. Sections that are deeper and more centrally located within the epithermal system and/or close to major structures tend to have a greater degree of vein clustering, higher average vein thickness and density, and higher thickness to density ratios. This depth control is most pronounced in epithermal gold-silver systems because they have formed at shallow crustal levels where physico-chemical conditions change drastically both vertically and laterally. In addition to lithological and structural control at vein scale, deposit scale structure is of great importance in the deposition of economic mineralisation. Large open vein structures capable of sustaining high fluxes of hydrothermal fluid, favourable for the formation of large, high-grade gold deposits, are best developed in andesite sequences.

Jan 1, 1995

Grey River Gold Mining Ltd commenced dredging alluvial flats in the Grey River Valley in 1989. Previous drilling indicated over 100 million cubic metres of gravels with some 90 per cent of the gold in the bottom seven metres. The dredge built by Rahco, Spokane, was innovative in a number of aspects but particularly in the fact that a separate ladder with a cutter and pump was used to strip the overburden and a bucketline to mine the gold bearing wash below. Metallurgical studies and exploration were initiated when the project commenced. Leasing and environmental considerations were investigated and action taken. While progress is being made, the operation at this stage is not meeting required production and performance. Main problems have been with the stripping system and wear.

Jan 1, 1990

The Central Andes in Peru, Chile, Bolivia, and Argentina , contain two contiguous terranes which were accreted to Gondwanaland between the end of the Devonian and the end of the Triassic. These terranes, Arequipa in the north, and Chilenia in the south, differ from each other in the timing and style of their metallogenic development. However, they contain over 90% of the Central Andean porphyry copper resource. The copper porphyries in the Arequipa terrane are Paleocene to lower Oligocene in age, whereas the Chilenia deposits are mid-upper Cretaceous and mid-upper Miocene. Porphyry copper deposits occur outside these terranes, but are all Miocene in age. Miocene porphyry-style mineralisation also exists in the Arequipa terrane, but is copper-deficient and gold-rich. The accreted terranes may have favoured porphyry and other styles of copper mineralisation because they possessed relatively thin continental crust compared to adjacent parts of the Andes. Crustal thickening which commenced at about 30 Ma in the Arequipa terrane coincided with a major change to polymetallic, precious metal mineralisation which commonly displays high sulfidation characteristics.

Jan 1, 1995

By G C. Bolton

Experiments were conducted to access the feasibility of removing zinc from lead slag by sulfation or chlorination or both. Gaseous sulfation with sulfur dioxide and oxygen released only 50 per cent of zinc even under the most severe conditions. Sulfation with concentrated sulfuric acid by a fast-leach process released 95 per cent of zinc while pug-roasting released a maximum of 78 per cent of zinc. Chloridization with NaCl in the presence of sulfating gas released 50 per cent of zinc, while direct chlorination with chlorine gas and oxygen released 85 per cent of zinc and 100 per cent of lead in a chloride condensate containing little impurities.

Jan 1, 1980

By K L. Brown, J L. Mauk

Sulfide-rich scale occurs in steam and water lines at the Ohaaki geothennal field,Taupo Volcanic Zone, New Zealand. Precious metals show very high concentrations around areas ofpressure reduction (Au 15500 ppm, Ag 68800 ppm). Pyrrhotite dominates at the orifice plate due to low PH2s1PH2 conditions. Sulfide mineralogy in the scales is consistent with alteration mineralogy of the reservoir rocks. Separated steam then produces a mainly pyrite/magnetite mineralogy, with lesser chalcopyrite, where textures reflect high flow rates and high levels of supersaturation. This study outlines the effect that pressure and subsequent temperature decreases have on the mineralogy, chemistry and textures of sulfide scales.

Jan 1, 1998

Analysis of Electrostatic Separation for Rutile Cleaning Duty Using a Plate Electrode Assisted High Tension Roll Separator A plate assisted electrostatic high tension roll separator has been used for the removal of impurity mineral grains from a rutile rich product stream. A laboratory study and a subsequent production study explored the effect of machine conditions with a view to the optimisation of the separation performance of the separator. The performance requirement was that the TiO2 grade in the non-conductor stream was to be less than ten per cent whilst at the same time the ZrO2 grade in the conductor stream had to be less than 0.5 per cent at mass recoveries of greater than 90 per cent to the conductor stream and less than 5 per cent to the non-conductor stream. Mineralogy data was utilized to determine the feasibility of achieving the production targets with the feed under study. Since the feed stream mineralogy was dominated by rutile, leucoxene and zircon, it was possible to use an approximation to the actual mineral assemblage as well as the raw X-ray fluorescence data to understand the separation duty of the Carrara machine. Since there were four conflicting criteria used for the performance requirement, an index was devised that incorporated all the requirements simultaneously. This new index was the sum of the squares of the difference between the achieved and desired values, weighted with respect to the variance of each variable. If the desired value for a particular criterion had been met its contribution to the sum was set to zero, no matter how well the criterion had been met. For the production machine the strict requirements were almost achieved. As expected, the achievement of the target performance was dependent of the feed conditions at the time of measurement. This paper reports the results of this study.

Sep 13, 2010

Behaviour of Bubble Clusters in a Turbulent Flow

Sep 13, 2010

Evaluation of the Iron Blast Furnace Process using Heat and Material Balances of the Flame-Zone

Sep 13, 2010

Between February and August of 1986, Dr Alfred Petrick visited New Zealand sponsored under a Fulbright grant administered by the New Zealand-United States Educational Foundation. The grant supported a research project completed by Dr Petrick having as an objective, the preparation of a preliminary economic evaluation of the mining of six Otago lignite deposits as a source of energy for steam power generation or in liquid fuels. The research is limited to consideration of preliminary geological and engineering data on the six deposits and to the time constraints of the Fulbright visit. This paper is a summary of the final Fulbright report. The complete report including the listings of the computer programs is available from the Otago School of Mines.

Jan 1, 1986

Recent literature is reviewed with emphasis on the design and scale up of mixers. Most important aspects of mixing have resulted from the study of Newtonian fluids and only a minor attempt has been made to extend the work to non-Newtonian materials.The rheology of non-Newtonian materials is outlined and the typical behaviour of mineral slurries is indicated.The importance of flow velocity, flow pattern, and fluid turbulence is discussed with relation to suspension of solids and rate of reaction.Data on experimental leaching of ore from Mary Kathleen, Queensland, show the effect of different mixing impellers.In conclusion, factors involved in the selection of a mixer are presented with emphasis on economic appraisal after pilot experimentation.INTRODUCTIONThe subject of mixing has attracted considerable attention during recent years, but relatively little work has been undertaken for the study of non-Newtonian materials. Most work has been restricted to Newtonian fluids because there are less inconsistencies in such study.Mixing, by definition, implies blending or combining, and ranges from gentle mixing which blends the contents of a large tank in 24 hours to violent mixing which completely homogenises the contents of a tank within seconds. Metzner and Otto (1957) have pointed out the present lack of knowledge on the degree (or quality) of mixing. Apart from this fact the design of mixers for Newtonian materials would seem to be reasonably certain.Both capital and operating costs rise rapidly with increasing mixer size. Therefore the design, or selection, of a mixer is a matter for economic consideration in the overall aspect of plant design and operation.

Jan 1, 1961

Laboratory scale equipment was developed to recover zinc as oxide fume from granulated lead blast furnace slag. The cyclone furnace process is characterised by high treatment rates combined with continuous and independent operation.Results were sufficiently encouraging to warrant pilot plant scale trials being undertaken.INTRODUCTIONSince granulation of lead blast furnace slag started at Port Pirie in 1921 the stockpile of this material has increased to nearly 5 million tons which averages 17·5 per cent zinc by weight. Although a number of processes for recovering the zinc have been examined, economic considerations indicate that a slag fuming process is likely to be most suitable.In the conventional slag fuming process zinc is extracted by injecting pulverized coal and air into a molten slag bath. By maintaining a suitable air to coal ratio the oxidised zinc contained in the slag is reduced to metal. Volatilization of the zinc is followed by reoxidation in the gaseous phase with the addition of further air above the bath. The zinc oxide fume so produced is collected by normal gas cleaning methods.By examination of the thermodynamics of this process Bell, Turner, and Peters (1955) determined the zinc oxide activity of the slag over the duration of the fuming cycle.A combination of high temperature and high carbon monoxide/carbon dioxide ratio was found necessary for rapid zinc elimination.Since melting of the slag is an essential step in the slag fuming process, only two treatment methods appeared possible at Port Pirie until recently...

Jan 1, 1964

Kudremukh Iron Ore Company Ltd, a wholly owned Government of India Enterprise, was established in the year 1976 to develop mine and plant facilities to produce 7.5 Mtpa of high-grade iron ore concentrate at Kudremukh. The mine and plant facilities were commissioned in 1980. In view of high demand for iron oxide pellets in iron and steel industry worldwide and as a diversification activity, a pelletisation plant of 3.0 Mtpa capacity was commissioned in the year 1987 at Mangalore for production of high-quality blast furnace and direct reduction grade pellets for export. The pellet plant capacity has been increased to 3.5 Mtpa by technological improvement which included installation of roll press for quality and productivity improvement. In addition, the pellet capacity is being increased to 4 Mtpa by the addition of Shaft Pelletising Furnace plant.

Jan 1, 1999

By Clarke DS

The igneous intrusions in SE Papua New Guinea are part of a sub-volcanic to plutonic, high-K calc-alkaline to shoshonitic suite. High-K andesitic to dacitic intrusives on Misima and Woodlark Islands, and shoshonitic intrusives in Milne Bay and the eastern Owen Stanley Ranges are related to late Cenozoic andesitic volcanism. Both suites are associated with epithermal Au-Ag deposits and weak porphyry Cu-Au mineralisation. All significant alluvial and lode gold occurrences in the region are spatially related to intrusions. Intrusions in the D'Entrecasteaux Islands and near Mt Suckling are core plutons related to basement doming, and appear to have no association with either volcanism or hydrothermal mineralisation. The core plutons are not petrochemi:ally distinct from the volcano-re:-ed Intrusions.

Jan 1, 1991

Rational decision making is generally perceived by managers of operations to be a delicate process of committing large sums of money and putting other people's life at risk. Consequently most managers may argue that the decision process requires good judgement, intuition and extreme caution; and not one easily made through the use of fancy mathematical algorithms and computer programs. The advent of artificial intelligence and expert systems in the computer industry combined with recent technological innovations in mathematical and economic problem solving is sure to change this perception. PARETO OPTIMALITY is an economic and a mathematical optimisation concept applied to solving real life operational problems; and one that the current volatile economic forces would require managers to employ because it is virtually real. REALISMM is a computer software package developed using the principles of Pareto optimality, dynamic programming, optimal clustering of information and decision maker interaction to generate decision maker preferred solutions. REALISMM has scope for artificial intelligence and expert systems application for cases where the decision maker is unsure about his objective preferences.

Jan 1, 1993

By D O’Dea, B Godel, T Honeyands, B Ellis, T Harvey

X-ray computed tomography (XCT) is a non-destructive technique that allows the exploration of the internal structure of solid objects in 3D. Over the past ten years, the combination of XCT with more conventional 2D techniques and quantitative 3D image processing and analysis (commonly referred to as digital rocks) has allowed us to address some of the most challenging problems in ore deposit studies. The range of X-ray energies used in XCT allows the X-rays to be transmitted through complex and dense materials including iron ores (eg sinters, lumps, granules). Recent high-resolution XCT scanners have the ability to generate multiscale (25 down to 0.3 µm voxel size) imaging of a given sample enabling the characterisation of 3D textures across a range of scales. This paper will focus on the application of digital rocks to iron ore sinter particles (using filtered polychromatic X-ray beam). The paper is divided into three parts and includes: i) details on the methodologies including their benefits and limitations and the effect of spatial resolution; (ii) the quantification of pore network topology and pore characteristics (eg open versus closed pores, pore size distribution and pore morphologies; degree of connectivity of the pore network and its tortuosity); and (iii) the evaluation of the technique to characterise various phases within the material and quantify 3D mineral textures.CITATION:Godel, B, Ellis, B, O’Dea, D, Honeyands, T and Harvey, T, 2017. Digital rocks for iron ore sinters – towards a D quantification of sinter textures, in Proceedings Iron Ore 2017, pp 529–534 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 24, 2017