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The problem of comparison of island arc's andesites in terms of petrochemical data is exa- mined. It is definitely established that only two main factors exist controlling the petroche- mical variety of the Kurile arc's andesites.Ori final multivariate statistical technique and computer software are used to extract these fac- tors. It is shown as well that the chemical com- position of igneous rocks depends on the type and structure of the Earth's crust. The follo- ~cing interpretation is proposed for the two factors describing petrochemistry of andesites: the first one is the depth to the Benioff seis- mofocal zone and the second one is supposed to indicate the position of the peripheral magma chambers. The basic trends of variations in the chemical composition components depending on the changes in the controlling factors are de- Tcnnined.

Jan 1, 1987

Industrial and telecommunications organizations around the world are now turning to optical fibres to satisfy their growing needs for data, voice and video communications and to solve transmission problems in noisy and hazardous environments. Already, coaxial cables have been made obsolete for intermediate and long distance applications and fibres are making in-roads on other copper cable and microwave system techniques.The idea of optical fibres is not new, but techniques to manufacture the high quality cable and components required have only recently been developed. Nonetheless, the technology is now advanced, reliable and mature, and costs are plummeting with increased production and market competition.The mining industry has benefited greatly from developments in electronics and communications over the years. Optical fibres are to have a further significant impact and the time is now right for the industry to begin to exploit the many advantages of this new medium. Applications include data transmission, long distance telecommunications, measurement and control systems, surveillance, computer networks, etc.This paper briefly describes the characteristics of optical fibres, current status of the technology, applications and possibilities for future development.

Jan 1, 1984

By R A. Medower

This paper provides a glimpse into the future of minerals processing with emphasis on æAutomation InnovationsÆ for the new millennium, particularly those involving advanced process control and innovative new applications of process control technology in 2007.

Jan 1, 2000

Rio Tinto Iron Ore (RTIO) manages eleven mines in the Pilbara region, Western Australia. Three of these mines have previously or are currently mining black shale that contains varying amounts of pyrite. Several new deposits currently being evaluated and existing mines that may progress below water table in the future, will also encounter this waste material. The black shale presents not just an acid rock drainage risk but also a spontaneous combustion risk. This paper presents the black shale management strategy and provides an overview of the relevant activities undertaken by RTIO. The strategy can be divided into two components which firstly involve defining the risk and secondly involve managing the risk. The mineral waste management plan is used to identify specific mineral waste hazards by:geochemical characterisation of waste material,undertaking mine site specific risk assessments,characterising the receiving environment,identifying sulfidic boundaries in geological and mining models,quantifying the amount of sulfidic material in medium and long-term mine plans, anddesigning and sequencing black shale waste dumps. Once a mine exposes black shale the Spontaneous Combustion and Acid Rock Drainage management plan is used and the major activities are: regular site meetings with a representative from every group that works with black shale;compliance with safe working procedures for site specific and detailed activities;regular training;the use of specific explosives to prevent premature detonation;ongoing geochemical characterisation;acid water management, monitoring and analysis;regular internal and external auditing of procedures and practices; andclosure planning assessments and preparations (ie cover trials, geochemical void modelling, geochemical waste dump modelling). The success of this holistic strategy is evident by the awareness of personnel within the business, thorough understanding of the geochemistry and by undertaking proactive management of black shale during mining. The strategy and management plans adopted by Rio Tinto Iron Ore have activities that other mine sites with potentially acid forming material may like to consider implementing.

Jan 1, 2009

By B Taylor

The Perseverance deposit is the most southerly known economic copper/gold deposit within the Cobar gold field. The deposit is situated approximately 12 km to the south-southeast of Cobar and is essentially blind to surface with the top of economic mineralisation occurring 750 m below ground level.Based on the December 2010 resource estimate (inclusive of reserves and net of depletion) the deposit contains 3 011 000 tonnes at 6.1 g/t Au and 0.90 per cent Cu (590 000 oz of gold and 28 000 tonnes of copper). The deposit is comprised of four principal lenses, the Perseverance, Hulk, Zone B, and Hercules lenses. In excess of 90 per cent of the known resource tonnes are contained within the Perseverance and Hulk lenses. The deposit is shear related and hosted within lower Devonian rocks of the Cobar Basin. The competency contrast of rhyolites juxtaposed against sediments by the Peak-Perseverance shear is the principal control on mineralisation. Both the Perseverance and Hulk lenses are primarily hosted by brecciated rhyolites juxtaposed against Chesney formation sediments across the Peak-Perseverance shear. This faulted rhyolite sediment contact roughly defines the global orientation of the deposit. The Perseverance lens continues within the shear for up to several hundred metres beyond the extent of the faulted rhyolite sediment contact. Mineralisation within the shear beyond the faulted rhyolite contact zone is hosted by sheared silicified sediments. The Perseverance lens remains open at depth and to the south.The Zone B and Hercules lenses, which are significantly less important in tonnage terms, are hosted by rhyolite breccias within the main body of the rhyolite and appear to be only tenuously related to the Peak-Perseverance shear. Within the Perseverance lens, the presence of northeast trending high grade breccia veins developed oblique to the north-south trending shear system has led to the development of steeply north plunging high grade ore shoots within a globally north-south trending mineralised domain. These high grade shoots have limited horizontal continuity but significant down plunge extent.The presence of coarse gold and the resulting strongly skewed nature of the gold grades, in conjunction with controls on mineralisation which are not parallel to the mineralised domain, has led to predictive difficulties regarding stope performance.Strong heterogeneity of the gold content of the ore and geological controls on mineralisation which are not parallel to the global trend of the mineralisation impose a set of difficulties which sound geological control is helping overcome.

Aug 22, 2011

By Radmuller H

The proposed underground mine at Porgera forms an integral part of the Porgera Joint Venture project in Enga Province in the remote Highlands of Papua New Guinea. The total in-situ reserves are approaching 400 tonnes of gold making the Porgera deposit one of the largest in the world. The remote, rugged and inhospitable terrain, recent unstable geological environment and primitive yet socially complex nature of the densely populated local community, combine to make the Porgera project very different to developing mines in Australia. The Porgera project is a challenging and exciting mining exploration venture in the final stages of feasibility study submission and negotiations with the National Government of Papua New Guinea. A 1476 m exploration adit was driven in the footwall of the high grade mineralisation for diamond drilling purposes as part of the evaluations necessary for the feasibility study. Ground conditions encountered have ranged from weak mudstones with high water content, requiring immediate steel set support, to competent intrusives.

Jan 1, 1988

By D Pateman, F de Fredrick

The Bentley underground mine, which is located 60km north of Leonora, Western Australia, is owned and operated by Round Oak Minerals Pty Limited. A high-grade Zn-Cu Volcanogenic Massive Sulphide (VMS) orebody, Bentley was discovered in 2008 with production commencing in 2012. Long-hole open stoping is employed to mine the steeply dipping ore body, and in recent years the Avoca method has been adopted. This requires all development in a particular area of the mine to be completed prior to stoping commencing in a bottom up sequence. Voids are commonly backfilled with loose Run-of-Mine (ROM) waste loose rockfill (LRF); or alternatively cemented rockfill (CRF) can be used. Stopes in the 3860 AOS and 3900 AOS panels were located below previously extracted Avoca zones, with LRF situated immediately above them. These high-grade stopes were originally designed with rib and sill pillars to maintain control of the existing backfill during extraction. Due to changing factors over time, including mining economics, alternative options to achieve full extraction of the stopes were reviewed, including: • Mining small successive full height stopes which would involve drawing a blanket of LRF down with the extracted ore (stoping under waste); • Stabilisation of the existing LRF above the stopes and implementing a primary/secondary stoping sequence, with the primary stopes backfilled using a cement fill. An assessment of these options was undertaken which determined that the second full extraction method was the most beneficial to the operation, and could be achieved using a cement grout (Minova’s FB200 grout) to stabilise the LRF in conjunction with implementing a sequence where the primary stopes would be backfilled with cemented aggregate fill (CAF). Footwall drives were developed adjacent to the rockfilled stopes, allowing for the installation of horizontal grouting conduits, as well as providing access to the top of the planned 3860 and 3900 level stopes for the placement of CAF. An interval at the base of the previously rockfilled stopes was grouted at multiple horizons to achieve the required thickness, with a comprehensive quality assurance/quality control (QA/QC) process undertaken. Primary stopes were CAF backfilled via an arrangement of downhole winzes, linking the top of primary stopes to cross-cuts developed off the associated footwall drives. CAF was delivered underground through an open reticulation network that was extended to the specific levels. Overall the successful implementation of the revised mining method effectively increased ore recovery while maintaining control of overbreak and dilution, providing significant financial upside. This was achieved while maintaining effective controls in light of the changes to the risk profile. Stabilisation of the existing rockfill has allowed the extraction of stopes to full height, including the originally designed sill pillars, representing an average 23% increase in ore tonnes on the initial design, with dilution from the stope crowns averaging less than 1%. The use of CAF in association with primary/secondary stoping, eliminating the need for rib pillars, has yielded an average 47% increase in ore tonnes compared to the base case mine design.

Mar 15, 2021

By I Grewal, M Lundt

Dense medium separation (DMS) is one of several preconcentration methods used for early waste rejection from run-of-mine ores at relatively coarse particle sizes prior to additional milling and beneficiation. DMS has been used extensively in the coal, diamonds, mineral sands, base metals and iron ore industries to produce either a final product or as a preconcentration step. Laboratory scale and pilot test work at the Met-Solve laboratory in Canada has demonstrated successful separation and upgrading of other minerals such as lead, zinc, copper and lithium based ores using DMS.This paper reviews historical dense media systems, results from the pilot-scale multi-stage DMS Separator “Condor” system, as well as production plants and associated laboratory heavy liquid separation (HLS) test work on various minerals. The mineral systems tested included a lithium bearing ore and a fluorspar ore. Other minerals were tested but are not reported in this paper.Pilot plant test work on a fluorspar ore showed that 41.6% of the mass could be rejected to the tailings stream while 95.3% of the CaF2 was recoverable to the product stream. On a spodumene sample that was tested, it was possible to reject 55% of the mass to tailings while recovering over 90% of the lithium.In recent market conditions and with the decreasing grades in existing ores, preconcentration should be a consideration to maximise the value of certain operations.CITATION:Lundt, M and Grewal, I, 2017. Dense media separation – a valuable process for preconcentration, in Proceedings MetPlant 2017, pp 122–130 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 11, 2017

By P Holtham, R Dunne, D Stoll

Flash flotation is a process designed to remove coarse, liberated, fast floating minerals from hydrocyclone underflow. Irrespective of liberation, coarse particles would normally remain in a grinding circuit until they are reground fine enough to report to the hydrocyclone overflow. Additionally, minerals of high density also report to hydrocyclone underflow despite being fine in size and/or liberated because hydrocyclones separate on the characteristics of both particle size and density. Dense particles continually reporting to the hydrocyclone underflow can lead to over-grinding and the production of ultra fine particles. These particles exhibit slow flotation kinetics and thus are difficult to float in conventional flotation circuits. Therefore, removing coarse, liberated particles from the hydrocylcone underflow by flash flotation has the potential to improve recovery and can improve dewatering unit operations and reduce grinding costs.The impact on the overall performance of the flotation circuit by removing coarse, fast floating minerals prior to conventional flotation is not well understood. Ultimately, predicting the overall recovery improvement provides the justification for the installation of a flash flotation cell within the milling circuit. This paper will describe attempts to estimate flash flotation recovery improvements to the overall circuit using kinetic data from simplified batch cell flotation tests combined with limn-based modelling techniques.CITATION:Stoll, D, Dunne, R and Holtham, P, 2012. Modelling the impact of flash flotation from batch cell flotation tests using limn, in Proceedings 11th AusIMM Mill OperatorsÆ Conference, pp 179-184 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 29, 2012

By N J. Grigg

Gekko Systems has developed an underground pre-concentration plant (Python) to reduce mine operating costs. Many ores liberate favourably using either high pressure grinding rolls (HPGR) or vertical shaft impactors (VSI). Using these comminution circuits for mineral liberation; rather than for the final recovery process and by utilising a high mass pull, high recovery process route (gravity/flotation), a narrow, low head, compact processing plant was developed that can sensibly be operated underground. The Python underground processing plant can provide a number of advantages for narrow vein mines including lower haulage costs, improved mine call factor and lower operating costs. The focus on fine crushing reduces the power requirement of the plant to approximately 8 kWh/tonne. The Python underground processing plant has been designed to be towed down the decline or lowered down a shaft, and is capable of being installed in sloping, non-linear drives for placement close to the working face. The overall benefit to mining companies of this concept has been estimated to be a saving in mining costs and a significantly smaller environmental footprint.

Jan 1, 2008

By J Langhans, Y Choi, Q Wang, J Y. Baron, P Kondos

Barrick has successfully developed the thiosulfate leaching process to treat sulfidic high preg-robbing ores. The process was developed through rigorous bench test programs and proved in pilot campaigns and demo plant operations. The process uses calcium thiosulfate as a leaching reagent, resin for gold recovery with sulfite/trithionate elution and reverse osmosis as a mean of reagent recovery. The thiosulfate leaching plant is under construction as a brownfield project and the start-up is planned in 2014 at Goldstrike, Nevada, USA, one of BarrickÆs operations.CITATION:Choi, Y, Baron, J Y, Wang, Q, Langhans, J and Kondos, P, 2013. Thiosulfate processing - from lab curiosity to commercial application, in Proceedings World Gold 2013 , pp 45-50 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 26, 2013

By C M. Ramotsabi, F Bornman, W Erasmus

Spiral concentrators are gravity based separation devices used for the preparation of coal, iron and heavy mineral ores (Wills, 1992). Gravity concentration remains the main separation method for fine iron ore and is used extensively for treating many minerals. Gravity concentration methods separate minerals of different specific gravity by their relative movement in response to gravity and one or more other forces, the latter often being the resistance to motion offered by a viscous fluid such as water or air (Wills, 2006).The main operating variables for a spiral concentrator are the feed rate, the slurry concentration, the wash water addition and the position of the splitters used to separate the tailings, middlings and concentrate streams (Sadeghi, Bazin and Renaud, 2014). Wash water is an important control variable used to wash away entrapped light minerals from the concentrate stream (Burt, 1984; Bouchard, 2001). Sadeghi et al concluded the spiral operation to be sensitive to the wash water flow addition and resultant economic trade-off. Increasing the wash water flow rate increases the concentrate grade at the expense of the iron recovery.The paper addresses the effects of dripping wash water onto the concentrate stream of a spiral processing fine iron ore. The dripping wash water system offers a low flow alternative and could possibly provide a good balance between grade and recovery of valuable minerals without using excessive water. The Multotec SC20HC/7 WW spiral was used for the experimental test work. The spiral was tested at varying solids concentrations; the wash water rate and the splitter positions were kept constant.The use of wash water at 30 per cent, 35 per cent and 40 per cent solid concentration improved the Fe grade in the concentrate by about 1.5 per cent, six per cent and eight per cent respectively. The additional SiO2 rejected by the wash water is approximately three per cent, nine per cent, and 11 per cent at 30 per cent, 35 per cent and 40 per cent solid concentration respectively. Addition of wash water is shown to have minimum effect on grade at 30 per cent solid concentration, and Fe upgrades obtained with and without wash water were found to be similar. Notable upgrades were observed at 35 and 40 per cent solid concentration with wash water. The results obtained suggest that the additional SiO2 rejection by wash water increases with an increase in solid concentration. This suggests that the benefit of using the drip system is notable at higher solid concentration. It is believed that at lower solid concentration SiO2 particles are reasonably free to move around and are possibly less entrapped than at high solid concentration.The Fe grade/recovery and solid concentration relationship with wash water showed a non-linear correlation. The Fe grade increases with an increase in solid concentration up to a somewhat optimum point and then drops as solid concentration increases further. The recovery of Fe on the other hand follows a converse relationship with solid concentration, the recovery decreases from 30 per cent to 35 per cent solid concentration and then increases again at 40 per cent solid concentration. The increase in recovery at higher solid concentration could possibly be explained by the fact that the mass yield to concentrate also increases with solid concentration. Since recovery is a function of both grade and mass yield, the higher recovery at 40 per cent solid concentration is likely due to the high mass yield obtainable at 40 per cent solid concentration.The drip system could therefore possibly offer a safe guarding against grade and solid concentration variations without using excessive water, and possibly ensure that a product within specification is maintained.CITATION:Ramotsabi, C M, Erasmus, W and Bornman, F, 2015. Optimisation of wash water on an iron ore spiral to improve grade, in Proceedings Iron Ore 2015, pp 175–184 (The Australasian Institute of Mining and Metallurgy: Me

Jul 13, 2015

Aitik, a Boliden owned and operated open pit mine located in northern Sweden, will expand production from 18 Mt per year today to 36 Mt per year copper ore during 2010. The challenge for the mine operation is to double production with a planned increase of the shovel and truck fleet of only 50 per cent. This will be achieved through improved shovel and truck utilisation and productivity. In early 2005 Aitik started projects to enhance the utilisation of truck engine hours and to reduce fuel consumption. Both projects were successful, within a year efficient2 utilisation of engine hours increased from 60 per cent to 75 per cent and fuel consumption was reduced by six to eight per cent. The truck utilisation project focused on minimising idle truck hours by for example four operators on three trucks thus reducing idle engine hours to minimise lost time for breaks and shift changes. Other measures included focusing on improved dispatch usage, parking trucks when overtrucked, etc. Eco-driving was a project together with Swedish Road Administration with the objective to combine economical and environmental savings. To keep the focus on eco-driving a reward was set up for the shift team with the lowest fuel rate over rolling 15 weeks periods. Both activities included a comprehensive training program for mine foremen, dispatchers and truck operators focusing on efficient use of trucks from economic driving to optimised truck dispatching and minimising idle engine hours. Online monitoring of trucks activities and fuel consumption combined with continuous reporting gave shift foremen and management a tool to discuss and follow trends and individual shift team performance. The combination of close monitoring of mainly organisational practices and operator training resulted in significant productivity increase and lower operating costs without any capital investments.

Jan 1, 2007

By D Laskovski, T Nguyen

Flotation surveying can be an extremely powerful means of determining opportunities for circuit optimisation and benchmarking. The type of survey employed depends heavily on the nature of the information required from the survey. It follows then that the type of survey determines the type of samples required; however, regardless of the type, the success or failure of a survey is often dependent on the correct used of appropriate sampling techniques at each sampling point. For a successful flotation plant survey it is vital that the correct samples be collected at the correct time in respect to the feed and each other. This paper discusses the current best practice sampling methods used in flotation surveying and discusses in detail the ideal sample masses based on theoretical analysis. Comparisons with JKTech’s database of real plant operations will then be made.CITATION:Laskovski, D and Nguyen, T, 2014. An investigation of current flotation survey sampling, in Proceedings Sampling 2014 , pp 99–106 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 29, 2014

By Grano S. R, Lauder D. W

Investigations on the oxidation behaviour of chalcocite and its rejuvenation by hydrogen sulphide ion have been undertaken. Chalcocite oxidation was measured using X-ray photoelectron spectroscopy (XPS), zeta-potential and by dissolution in et

Jan 1, 1997

By B W. Ham

The legacy of underground coal mining may be a land surface which, in parts, may be unstable in the long term. A case study analysis has been undertaken to explain some of the hazards and how the risk may be assessed and managed.The Ipswich Coal Measures were extensively mined with shallow underground workings, which now underlie a number of suburbs in the eastern side of the city of Ipswich in south eastern Queensland. The area was subject to underground mining from the 1840s to 1997. In general, the mines were small, family-owned operations that were restricted by complex geology, interactions with neighbouring operations and ownership of surface facilities. The oldest available mine plans date back to the late 1890s.The residents in these mining areas have a long history of unexpected mining subsidence events. A level of risk management for property owners has been implemented by the Ipswich City Council, which requires a mining subsidence risk assessment to be submitted as part of building applications for property development in the areas suspected of having mining subsidence risk. This discussion examines a series of generic subsidence events and how the risk may be assessed and managed and the hazard controlled.CITATION:Ham, B?W, 2014. The legacy of underground coal mining – mine subsidence: Ipswich coal measures case study, in Proceedings Life-of-Mine 2014 , pp 113–120 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 16, 2014

By Shiels O. J

The major Permian coal deposits of N.S.W. are in the Sydney-Bowen Basin and associated small deposits occur in structurally isolated areas; a further deposit is present in the Oaklands Basin. - The Sydney-Bowen Basin in New South Wales comprises the sub basins, the Sydney Basin and the Gunnedah Basin. Coal measures in these basins are near the top of the Permian succession and within and below an underlying marine sequence. The coal deposits can be conveniently described in units in which the coal geology is homogeneous. The Clyde Coal Measures and Yarrunga Coal Measures contain no seams of economic significance and occur beneath the marine beds in the south of the Sydney Basin. The Greta Coal Measures are economically significant and represent a brief interlude in the marine sequence in the north of the Sydney Basin and equivalents are present in the east of the Gunnedah Basin. The Tomago Coal Measures crop out above the marine sequence east from the Lochinvar Anticline and dip southeast to uneconomic depths. The Newcastle Coal Measures are historically and economically very important and overlie the Tomago Coal Measures and these measures will continue to be important although future mining will be faced with greater depths. To the west of the Lochinvar Anticline the Singleton Coal Measures, equivalent to the Tomago and Newcastle Coal Measures, crop out. This unit represents the thickest development of coal measures in the State and has a very large potential for both open cut and underground mining. Equivalents of the Singleton Coal Measures, the Black Jack Coal Measures and the Booroomin Group crop out on the east side of the Gunnedah Basin and probably are widespread across the Basin. They have less economic potential than the Singleton Coal Measures. In the southwest of the Gunnedah Basin, Illawarra/Singleton Coal Measures crop out over extensive areas and possibly have a large potential for underground mining under low cover. The Illawarra Coal Measures are exposed along the western margin of the Sydney Basin and thicken as they dip into the Basin across a shelf. The outcrop area is currently mined and the shelf has considerable potential for future mining. The highest rank coals in the State are in the Illawarra Coal Measures in the south of the Sydney Basin. The deepest coal mining is in this area and its continuing success is of great importance to the future exploitation of the resources of the Basin. The Tomago, Newcastle, Singleton and Illawarra Coal Measures extend into and meet in the central area of the Sydney Basin but they are under thick cover and are not considered to be economic at present. Permian coal measures occur in isolated areas in the New England Fold Belt and have limited economic potential. The Oaklands Basin in the south of the State contains a large reserve of low rank coal.

Jan 1, 1975

A novel approach to validate size distributions obtained from bubble sizing techniques is introduced. The experimental rationale consists in verifying whether the output features the anticipated bi-modality when two uni-modal populations (ca. 0.5 and 5 mm) are mixed in a bubble column. The degree of deviation is quantified by comparing the calculated and real proportions on a volumetric basis. A sampling-followed-by-imaging technique was used to proof the concept. The results showed the anticipated bi-modality in which the real and calculated proportions corresponded with a deviation of less than 15 per cent, considered good given the severity of the test. However, the deviation was correlated to the superficial gas velocity (Jg) in the column and was consistently against smaller bubbles. Possible sources of bias are suggested.

Jan 1, 2005

By C D. Rose

A review and summary of the results of 120 coal sampling system bias tests is presented. This review supports new methodology using multivariate statistics currently being considered by ISO TC27 SC4. The current difficulties with ISO 13909-8 are explained and the logic behind the current new working draft is discussed in detail. Bias was detected in nearly 36 per cent of tests reviewed, suggesting that much improvement is needed in designing, maintaining and monitoring the performance of sampling systems in order to avoid sampling bias.CITATION:Rose, C D, 2012. Bias testing of mechanical sampling systems for coal - A review of test results and call for use of multivariate statistical analyses, in Proceedings Sampling 2012 , pp 185-192 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 21, 2012

During the 1998/99 Asian crisis Solid Energy's export revenues collapsed from over US$70M to under US$40M. Simultaneously, domestic market uncertainty led to decreases in volumes and prices. A major new underground mine was not technically viable, and was closed, and several other mines were marginal. Less than two years later, Solid Energy and its JV partner closed a second new underground mine. The company was in financial crisis, and reported an $86M loss for 1998/99. After refinancing with stringent workout conditions it still had minimal returns due to low prices, unaffordable transportation costs and huge unrealised FX losses as the NZ dollar fell 40 per cent in value. The obvious scenario was to æcash upÆ û complete extraction at remaining mines, sell off any viable parts of the business, pay off debt and wind the company down.In 2002 Solid Energy has completed its recovery. Although margins remain slim and volatile in both export and domestic markets, it is achieving record volumes and revenues. It has paid off its shareholder loan, has minimal remaining FX losses, and cashflow is allowing further mine and infrastructure development. The key to the turnaround has been implementation of rigorous planning, analysis and decision-making in all aspects of the business. The company has a comprehensive, rolling 20-year plan used annually to update rolling five year and annual business plans. Solid Energy augments strong line management operations with rigorous standards and processes for mine planning and development, operational decision-making, and functional support. Detailed, quantitative risk analysis is used in all aspects of the business and allows comprehensive integration of opportunity and risk management across all activities in the company.Coal mining is widely perceived as an æold-economyÆ industry. But, like other successful æold economyÆ companies, the information systems and management processes used by Solid Energy are as leading edge as any in the high-tech sector. They are the key to managing to add and sustain maximum value for a company that has access to coal resources sufficient for hundreds of years.

Jan 1, 2002