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By Bucknell WR, Clarke DE

The paper provides a company's view of the relative merits of various valuation methods and outlines the basic approach it takes to the valuation of an exploration property. The negotiating process and methods of acquiring an interest in an exploration property is discussed The valuation methods discussed are: 1. Exploration Expenditure. 2. Real Estate. 3. Joint Venture Terms. 4. Rule of Thumb. 5. Net Present Value - Discounted Cash Flow. 6. Geoengineering.

Jan 1, 1994

By L Strezov, J Herbertson

Conversion of industrial waste materials to valuable resources would essentially take part in an ecologically sustainable future. There are still large amounts of undervalued biomass wastes generated from a diverse range of industries that are disposed in landfields. They have potential to produce valuable materials and fuels, such as charcoal, bio-oils and bio-gas through thermal upgrading. In order to enhance the efficiency of the thermal upgrading process, comprehensive characterisation of the raw biomass materials is essential. We have developed a novel thermal characterisation method that utilises computer aided thermal analysis incorporated with a gas analyser. The method was applied on two biomass materials, wood sawdust and bagasse. The paper discusses the results obtained with the novel thermal characterisation technique.

Jan 1, 2006

Regolith, the blanket of bedrock weathering products and surficial sediments, covers almost all of the landsurface. In Australia extensive areas are covered by regolith up to several hundred metres thick which is relatively old (extending back to the Mesozoic or possibly earlier) and largely complex. As such, it is poorly understood and is presently regarded as a significant hindrance to resources exploration. The regolith: obscures bedrock lithology and structure blankets ore deposits in the bedrock hosts surficial mineral deposits ranging from placers (gold, diamonds, platinum, mineral sands ....) to chemical precipitates (uranium, opal, gold, bauxite....). contains important groundwater resources. The application of surface exploration techniques without recognition or understanding of the regolith could result in wasteful expenditure. The understanding of the distribution and characteristics of the regolith in the context of its evolution and geomorphic history and its relationship to underlying bedrock will promote development of suitable geological, geophysical, geochemical and remote sensing techniques. It also will assist exploration industry with the interpretion of data from: geological mapping soil geochemical surveys stream sediment geochemical surveys airborne remote sensing airborne radiometric surveys other airborne geophysical surveys some ground geophysical surveys shallow drilling and so improve mineral exploration Strategies.

Jan 1, 1988

By Seeley D, Buckley N, Goodall J

Improving the performance and reducing the costs associated with export logistics chains is critical to the competitiveness of export coal mines. The fundamental practices associated with the use of export logistics chains made up of mine, trucking, rail and port operations are being challenged by the advent of third party operators on rail systems and the use of the Internet.Whilst individual mines can improve their processes to drive down their mining costs, they face major challenges in their endeavour to improve the performance of export logistics chains and reduce the significant logistics costs of moving coal from the mine to export ships, via the shared infrastructure of rail systems and ports. There is an increasing realisation that global competition is not only between mines but between coal export regions that are defined by their rail system and ports infrastructure.

Jan 1, 1998

I In an optical microscope, mild attack by cyanide solutions on various minerals can be observed by means of colour changes as well as etching patterns. However, the mineral may not be identifiable due to the coloured film. In some cases, a transfer algorithm between mechanical stages enables the surface-altered mineral to be identified in the SEM. A more severe attack may not be so informative, as it is not known whether the mineral attacked has been completely dissolved away. The leaching behaviour of some common minerals is described.

Jan 1, 1991

In the early 1950's, it was forecast that there would be, worldwide, a need for approximately sixty computers! Included in that estimate was provision for a considerable amount of geoscience modelling. Since 1950, the role and concept of the computer has changed. With that change has come alteration and adaptation within industry in order to better utilise the services and tools that computers can provide. For example the science of statistics prior to the computer was regarded as an intractible speciality. Computers have allowed the exploitation and further generation of statistical theory. In turn, as the science of statistics has become practical and relevant, the mineral geologist has moved from being essentially "a-numeric" to "non-numeric" to highly skilled in the application and use of very sophisticated statistical concepts. The modern computer provides the opportunity to perform many of the old practices more conveniently and/or economically and, perhaps more importantly, for exploration it provides- an enormous range of activities which previously would have been impossible. Such new activities allow for imaginative and creative application and extension of basic theory into practical situations, which when used by well trained, able people can open up new avenues of exploration. However, the use of such tools by poorly trained or incompetent people can lead to errors potentially as great as any success derived from the same tools. This paper reviews some applications of the computer to exploration, and attempts to discuss likely future developments.

Jan 1, 1987

By H Lehtonen, H Mansikkaviita

In primary copper smelters, the received copper concentrate and other materials contain a certain amount of moisture, ranging from six to 14 per cent. Moisture in wet concentrate has a negative effect on the performance of the smelting furnaces when it is fed directly to the furnaces, namely increasing the energy consumption and the off-gas flow. There are several drying technologies available for drying copper concentrate, varying from direct heated rotary dryers and flash dryers to indirect heated steam dryers. Application of steam dryers has changed the drying process for copper smelters. Produced from a waste heat boiler, steam as heating medium enables plant-wide heat utilisation. Fossil fuel used from outside sources to remove water is no longer required and the combustion chamber is not required. In addition special attention has been paid to overcome the known problems of pollution emissions, excessive wear, clogging and frequent maintenance. The Kumera steam dryer is featured with many advantages based on principal improvements in reducing tube element wear and increasing drying efficiency. Thus, it has been considered as the first choice for those smelters where steam is available.

Jan 1, 2006

The Australian Centre for Minesite Rehabilitation Research (ACMRR) was established through a mining industry initiative to meet the need of industry, governments and the community for sustainable systems for land affected by exploration, mining and mineral processing activities. The Centre, which is a consortium of the major groups associated with mining rehabilitation research in Australia, has a focus on both strategic research and technology transfer and combines a wide range of multidisciplinary skills covering engineering and the physical and biological sciences. The paper briefly describes the goals, structure, expertise and research and technology transfer activities of the Centre. The major research program areas of waste rock dump and final void stability, acid mine drainage, tailings disposal, and remediation of ecosystem reconstruction are described in the context of national Priorities.

Jan 1, 1995

In the sixteenth century the Spanish Captain da Alvaro Soavedaro, on a search for the explorer Ferdinand Magellan, came across the main island of New Guinea which he named Isla del Oro (Island of Gold). Since that time exploration for, and mining of, gold has been pursued by many, culminating in . the development of major world-class projects in the latter part of the 20th century. Though various prospectors have panned for gold and small gold mining projects were undertaken through the seventeenth and eighteenth centuries, it was not until the 1880's when mining became a more concerted economic venture. Misima and Woodlark Islands in Milne Bay, Gura-Ackera and Yoada in Oro, and Lakekamu in Gulf Province and Keveri in Central Province were all gold producers by late nineteenth century. It was in the 1920's that corporations began mining in PNG and with the commencement of production at Panguna in Bougainville in 1972 a new era of mega-project mining began.' Today there are two large mining projects producing mainly gold and copper. The first, already mentioned, is Panguna on Bougainville Island. This project has provided Government with $US 475 million in taxes. ok Tedi is the second large mine development located in Western Province. It began production in 1984 with the extraction of the deposit's "gold Cap".

Jan 1, 1987

The Drake-Rivertree area lies in the far north east of the New England district of New South Wales. Drake is some 500 miles north of Sydney by road and 36 miles west of Lismore. Rivertree is situated 24 miles north of Drake.The Drake deposits were first worked in 1878 for gold which occurred in a very fine state in ferruginous gossan but at depth copper ore became more significant. The lodes at Rivertree, discovered in 1887, were worked for silver but mixed sulphides became more prominent in deeper levels.Several mines operated at each centre and each locality smelted its own ore.The mines at both centres were operated sporadically for many years though production was not particularly substantial.A number of the larger mining companies have shown a recent interest in this mining field with special emphasis on the Drake locality.GENERAL GEOLOGYThe two mining centres are situated to the north and south respectively of a belt of Permian marine sediments and volcanics similar to, and probably representing an easterly extension of, the rocks of the Emmaville district further west.E. C. Andrews (1907) recognized two stratigraphic units within what he called the Drake Series. The Lower Division consists of rhyolite flows, tuft's, breccias and agglomerates, followed by trachytic and andesitic tuft's containing cladochonns, thanmopora willcinsoni and other Permian forms.

Jan 1, 1962

By R A. Pakhomov, L V. Krupnov, P V. Malakhov, I M. Dymov

The article presents results of thermodynamic calculations and laboratory studies, focusing on the cobalt behaviour during oxidative smelting of copper-nickel mattes. The compositions of the studied solutions are related to the products formed during the second stage of the converting process of copper-nickel matte at the Nadezhdinsky Metallurgical Plant (NMP) of MMC Norilsk Nickel company. These sulfide products typically contain from 1.5 to 12 wt per cent of iron. The obtained experimental results and thermodynamic calculations indicate that adjusting the CaO ratio to increase the proportion of CaO or complete replacement of SiO2 with fluxes containing CaO leads to a significant increase in cobalt recovery rates in the matte phase (with an iron concentration of 2.5 wt per cent) raising them from 30 per cent to 45 per cent. Meanwhile, the recovery rates of copper and nickel remain constant.

Aug 21, 2024

By J Bohm, B Csoke, I Tarjan

In process technology, especially in coal preparation, it is often necessary to have a continuous knowledge of the average density of granular material in order to achieve both quality control and process control. The paper presents a new method and means supported by laboratory measurements for the rapid, practically continuous, determination of the average density of continuously supplied granular material through frequent sampling.

Jan 1, 1993

The following is a discussion of a new approach to safety when developing or applying a new mining technology. In the form of an engineering process, the following approach had its inception in the military and aviation industries and is also very strongly evident in the chemical industry.The process has been developed and applied in the mining industry by the author. It is called 'Incremental Development and Management of New Technology'.The process is a composite of carefully selected System Safety Management, System Engineering and Financial techniques and methods. It consists of modules which can be modified to suit the requirements of a specific project. Modules provide an organised framework of activities to facilitate a gradual acquisition of pertinent knowledge and information and to enable progressive evaluation or verification of produced outcomes against specified requirements.

Jan 1, 1992

By Rashkovski GB

Until recently amalgamation has been the main process forextracting large gold particles from gravity concentrates obtainedduring the dressing of ores and placer gold deposits.Development of new technology for treating the gravityconcentrates was necessary because of the harmful effect ofmercury on subsequent production processes and theenvironment. The harmful effect of mercury is particularlyevident in the resin-in-pulp process that is widely applied inRussia.

Jan 1, 1993

Strong markets for metals and energy over the past five years have supported equity and debt market funding to enable a new group of mining juniors to emerge in control of economic resources, some in regions with high investment risk. As companies drive these projects to development, production and positive operating cash flow, their Boards and CEOs are confronting important questions:Having achieved initial success, what is our longer term purpose as a company? Does the purpose originally described in the Initial Public Offering to raise equity remain wholly relevant? Given that purpose, how do we understand the available sets of opportunities and related risks? Should we be acquiring new assets or other companies, or developing the existing portfolio? What commodity sectors and geographies should we focus on? Or should we be conserving funds until asset prices or project costs provide greater assurance of value to shareholders? How do we translate that purpose into tangible goals that shape and direct the work of people in the organisation? How do we get the right work done in the face of high turnover and competition for capable staff? Drawing on the authorÆs career experience and on work undertaken by Heuris Partners, this paper provides a practical CEO framework for strategy development, organisation design and on planning the work of the business in the mining industry.

Jan 1, 2006

By Martins V, Dunne R

A re-evaluation of the Hampton Boulder prospect in the early eighties resulted in a decision to proceed with mine development in December 1985. A 500 000 tpa gold treatment plant was commissioned in December 1986. The treatment facility was expanded to 1 600 000 tpa in July 1988. A tailings treatment plant to improve recoveries from harder gold bearing sulphide ores was built in December 1990. The development of an underground mine in 1991 meant that a source of sand for backfill was required. A sands plant to fulfil this requirement was commissioned during November 1991.As of June 1992 a total of 7 710 487 tonnes of ore have been treated through the New Celebration gold plant. Total gold production from inception of the new mine until June 1992 is 545 470 ounces obtained at an average recovery of 90.1 per cent from an average gold head grade of 2.4 g/t. The combined quoted ore reserves at the end of December 1991 was 14Mt grading 1.8 g/t gold

Jan 1, 1992

Introduction The mine winder is an essential element in the mining of ore in deep level mines and therefore requires a high degree of reliability to avoid interruption of production. Failure of any component on a winder may also be dangerous and expensive to repair. The larger the failure the larger the stoppage. The failure of a winder drum is the ultimate catastrophe, not only because of the cost of replacement, but also because of the lead time in procuring a new drum. Today these types of failure are not as common but many failures have occurred in the past and even today many an old winder is con- sidered for a new and often more arduous duty. As far back as the turn of the century a lot of information had been gathered to try and clear up the complexities of the multi- layering effect of coiling rope under tension onto a drum. Before comparing results obtained by various researchers the nature of the pressure distribution between rope and drum due to multi-layering will be discussed briefly.

Jan 1, 1987

By R Farana

The future challenges in mining instrumentation, mainly on future intelligent mines, are to continue providing instruments with the highest level of reliability at the lowest possible cost, and also to take advantage of technology existing in other industries and to adapt it to the mining context. New wireless instruments (smart sensors, smart actuators, smart controllers) would also be very useful, as well as instruments fully adapted to the monitoring of large movements that are observed, in both underground and open pit mines. Mining instrumentation is found to various degrees in most mines, both open pit and underground. Smart mining instruments present a certain number of aspects specific to the environment in which the instruments are installed. Namely, the instruments can be installed either for short-term or long-term purposes. The mining industry is always looking for useful instruments that can provide relevant information on ground behaviour adjacent to mining stopes or permanent infrastructure. The instruments must meet the various criteria, and must also evolve with the new mining technologies that are continuously being implemented. A strong collaboration between the mining industry, research organisations, and instrument manufacturers is the key to meeting these objectives. This contribution describes the current trends on smart sensors and smart instrumentation with Wireless LAN support.

Jan 1, 2003

By F Anthes, U Barow

Two tunnels are being bored using a æHydroshieldÆ in section 3.1 of the extension of the Underground railway line 5. At the end of the two tunnels, directly in front of the Hotel Adlon, the shields cannot be retrieved. The steel shell of the shield will be left in place within a sealed concrete block and the reusable components taken out through the completed tunnel. For the first time in Germany, an Underground tunnel is being lined solely by means of UNI rings. BerlinÆs Underground network is 165 km long and has 167 stations. Some 450 million passengers are transported annually. On account of the urban planning modifications that followed reunification, the network has to be adjusted, particularly in the city centre. The most significant project is the extension of the U5 from Alexanderplatz to the Lehrter Bahnhof. After completion, the U5 will be a continuous east-west traffic artery. It will provide a direct link with the new parliamentary and government district, open up new business districts and the cultural centre of the city.

Jan 1, 1999

By M Dixon, T OÆShannessy

Melbourne Water (MW) is responsible for a section of existing gravity trunk sewer servicing the Melbourne central business district, Docklands, Port Melbourne and other adjacent areas, known as the Melbourne Main Sewer (MMS). MW has determined that the 2.2 km long 110 year old sewer will not adequately service these areas into the future or provide the level of reliability needed. The Melbourne Main Sewer Replacement project (MMSR) involves the replacement of the MMS with a new gravity sewer main and six key manhole shafts, known as the Melbourne Main Reliever (MMR).The majority of the MMR sewer tunnel is situated south of the Yarra River and will be constructed using an earth pressure balance (EPB) tunnel boring machine (TBM) and will be lined with precast concrete segments. The tunnel will be 2.4 m internal diameter and will have a 1.8 m diameter glass fibre reinforced plastic (GRP) sewer pipe positioned within it. This project represents the first large-scale, modern, mechanised tunnel project in MelbourneÆs Yarra Delta Quaternary sediments. There is little precedence known to the authors of similar scale tunnelling projects in these particular geological units. During the recent detailed investigation and design stages of the project, significant effort has been spent on characterising the geotechnical conditions along the alignment and predicting the effects of the new tunnel on the existing environment. Some of the key design issues that have been identified and managed through the design process include short-term surface settlement due to tunnel excavation and the predicted effects on surface infrastructure, potential spalling of the steel fibre reinforced concrete segments under full TBM ram loads and tunnel lining design in geological units with highly variable stiffness.Construction of the new MMR sewer tunnel is expected to commence in mid-2008 with a capital cost of approximately $160 million. Sewer system commissioning is scheduled for completion by early 2012.

Jan 1, 2008