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FINANCE FOR EXPLORATION Two factors have basic importance in relation to the availability of finance: the apparent success of continuing exploration activity and tax concessions. It is not proposed to discuss the effect of existing tax incentives, as these have already been outlined and are generally accepted as being reasonably attractive; certainly not a deterrent to possible investors. However, it is obvious that the greater the tax incentives, the greater the amount of money that will be attracted, and the wider the number of people who can be brought into the pool. If, as is suggested, the chance of discovery is related to expenditure and effort, then the more money attracted, the better the prospects of significant finds. It is probably correct to assume that the largest expenditure in mining will come from, or be induced by, people expert in the field, people who are fully aware of the risks and benefits and perhaps making conservative decisions because of this awareness. Insofar as the general public is concerned, while in the first burst of enthusiasm it will frequently follow any promoter, in the long run it too will become more sophisticated and will strongly support only those promoters and companies of good repute and proven record.

Jan 1, 1971

Geosynclines have been well studied for many years, but very little has been written about the concepts of sedimentary basins in spite of the vast amount of data available. They have been regarded, perhaps, as well- understood intuitively, and therefore not worthy of study. Many of the fundamental concepts of geology were developed during the 19th Century with the construction of coal mines, canals and railways. It was a happy chance that led railway engineers in the early days to think that trains could not climb any but the smallest gradient, so, in Britain at -least, numerous railway cuttings and tunnels were made. These exposed to view and study, in a better form than Nature usually provides, a great deal of interesting geology. Because of the lack of literature about the concepts of sedimentary basins, it is not possible to be sure what the early geologists thought. It seems that sedimentary basins were regarded as recording a history of subsidence during the early stages, when a transgressive sequence accumulated; and a history of uplift during the later stages, when a regressive sequence accumulated. It seemed axiomatic that the age of folding and faulting was younger than the rocks folded or Faulted.

Jan 1, 1987

By A Ruotsalainen

Mining industry sees a comprehensive future in optimisation and process control. High resource utilisation is a starting platform when lower operational costs with higher rate of return are the target. Simulation is quickly penetrating the mining industry as a planning tool. A discrete event simulation helps to visualise the reality of a mine and the various mining processes, which typically include a fair degree of complexity. What-if scenarios can help to determine the impact of occurring changes to production. Understanding of critical points in the layout and resource allocation at an early stage can help to optimise the material flow. The obtained information may then be used as proposal or confirmation of the system applicability and economy. Simulation is a way to fine-tune and optimise the resources within. It helps to predict system sensitivity to various aspects. Although simulation today is used typically in a feasibility stage, there is an opportunity to continue using simulation for further process enhancement. In the future simulation will without doubt be used increasingly as a dynamic simulation and continuous improvement tool. This paper discusses the use of OptimineÖ simulation tool in resource optimisation. Some examples describe the way the tool operates and how it helps to view the technology, mine layout and operational data.

Jan 1, 2003

By P Elliott, D Pershke

In a minerals processing context, sustainability is about using natural resources more efficiently to achieve maximum economic benefits with minimal environmental impacts. It embodies five overarching themes, which the paper will illustrate with practical examples from Australian minerals processing plants. These are:resource utilisation and materials efficiency,process waste reduction and enhancement of co-product values,reduction of water use and impacts,reduction of energy requirements and greenhouse gas emissions, andenhanced control of minor elements and toxic materials. Sustainability could be embedded profitably in minerals plant design in three dimensions: 1.technology,2.design, and3.operations. This presentation discusses a set of principles that could be applied to minerals processing technologies and provides an outline of sustainability assessment and opportunities evaluation tools. The application of the tools is illustrated through a case study by analysing a suite of nickel processing technology routes. The analysis reveals that current generation of nickel processing technologies do possess real potential to emerge as sustainability champions in integrated processing of nickel ores and concentrates, if they are designed, engineered, and operated for sustainability and adapted effectively to site specific constraints and opportunities. The paper will address data gaps and uncertainties regarding the impact of scaling up of pilot-plant performance, and provides strategies to overcome them.

Jan 1, 2006

Giving the keynote address in the final session of a conference dealing with closely related topics has a disadvantage in that much of what can be said has been said. It also has an advantage, however, because it presents the speaker with the opportunity to integrate and analyse the material presented by the various speakers. I would like to look to the near future in Aust- ralia and the United States of America, to the risks, problem areas, and changes of a rapidly evolving post-industrial era-an era we are begin- ning to experience where industry no longer `calls the tune'. We miners have been quick to point out and emphasize, that ours is a `high-risk' industry in the world of business and commerce. Yet, clearly those who have survived, and been successful, have learned to anticipate and cope with risk and change. This ability has been a distinguishing feature of the industry's leaders who, in market studies and commodity selection, exploration and development, mine planning, metallurgical pro- cessing, and general administration and operation 1. identify areas of risk or inevitable change, 2. analyse, test and quantify those factors of risk or change, and 3. design methods, systems, equipment to elim- inate, moderate, or control or economically compensate for predicted risks or changes.

Jan 1, 1978

By M F. Lee

In order to make good decisions, as to whether large diameter raise bored shafts can be constructed in blocky rock at a particular location, mine planners, management, geotechnical engineers and contractors must understand and consider a range of geotechnical issues. Firstly, mine management must ensure that adequate time and resources are available to find appropriate shaft sites. Deep weathering, adverse structures, groundwater, etc might mean that the most desirable location, with respect to other mine development, might not be suitable. Special site investigation drilling, etc may be necessary. Even then, alternative construction options might be necessary, other than just reaming through to the surface. A site investigation borehole should then be drilled to investigate specific and general ground conditions along the raise alignment. Often, only small sections of weak blocky rock dictate raise stability. While the empirical McCracken and Stacey method is typically used in Australia to assess raise stability and assess geotechnical risk, until recently it had no published performance data.An Australian database of raise performance now exists and is presented below, courtesy of an industry survey by the Eastern Australian Ground Control Group. Raise diameter and ground conditions (in terms of a lower bound Qr value) is presented for 50 cases versus raise performance.

Jan 1, 2008

By Maxwell HW

Pacific Coal Pty Limited (a wholly owned subsidiary of CRA Limited) managed the interests of six members of a joint venture formed to mine and export eight million tonnes of export quality steaming coal from a mine developed at Blair Athol in the Bowen Basin of the Central Queensland coal fields. The mine is now operated by Blair Athol Coal Pty Ltd. Crooks Michell Peacock Stewart Pty Limited (CMPS) was awarded a project management and engineering contract for the total mine portion. Following a feasibility study, CMPS carried out an Optimisation Study which produced changes to the design of the project, thus resulting in the project budget being reduced by some A$13 million. In spite of a number of late additions to the scope of work, the project was completed at a final cost of A$148 million, many millions below the reduced project budget. The project was also completed several months ahead of schedule. Total services were provided to take the project from feasibility stage through to the establishment of an operational facility and included project management, planning and control, accounting and financial control, as well as the organisation of engineering, procurement, construction, industrial plant commissioning, and technical training matters.

Jan 1, 1986

Broken Hill South Limited's discovery of phosphate deposits in the northwest of Queensland in 1966 prompted intensive exploration which has proved phosphate rock in excess of 2,000 million tons at ten separate deposits.Systematic exploration for phosphate in Australia was initiated by the company in 1964. Early in 1966, an investigation of oil wells in the Georgina Basin in the Northern Territory and Queensland revealed widespread anomalous phosphate in early Middle Cambrian Beetle Creek Formation and Thorntonia Limestone. Phosphorites recognized in oil wells in the southeastern part of the Basin, Queensland, led to the discovery of the Duchess deposits. Exploration of the Beetle Creek Formation since 1966 has disclosed nine other sizeable deposits north of Duchess around the eastern margin of the Basin. The Lady Annie and the adjoining Lady Jane deposits, by reason of their location, 160 miles south of the Gulf of Carpentaria, are expected to be the first to be brought into production.Beneficiation testing and engineering investigations commenced in 1967. Transport between the deposits and various port sites in the Gulf of Carpentaria has been extensively studied and a slurry pipeline as a means of transport to a deep water island port, is now being investigated.

Jan 1, 1971

With the continued drop in export coal prices (as measured in US$) delivered to the Pacific Rim market, and a fixed annual 12 per cent increase in overburden, Usibelli Coal Mine Inc was faced with the need to reduce mining costs substantially or else forfeit its foreign coal contractual commitment which amounted to about half of annual mine output. Management made a difficult and fortuitous decision to proceed with an engineered plan to switch from a two seam, extended bench dragline operation to a two seam, cast blast and spoil side operation. While down-sizing and cut-backs became the rule in all departments of the mine, the drilling and blasting budget was more than doubled. Most will agree that this is contrary to what usually happens when a mine is faced with down sizing. The more common scenario would have management target the drilling and blasting budget for decrease as a first priority to cutting cost, and then later witness a decrease in equipment performance leading to an increase in the production cost per tonne. Although Usibelli Coal Mine more than doubled its annual drilling an blasting budget three years ago, the overall stripping cost has be, reduced by more then 37 per cent.

Jan 1, 1995

Market forces, particularly iron ore prices, demand that plant operators achieve higher throughput in the worldÆs iron ore beneficiation plants without compromising yields or efficiency. This means that production cost per ton is of paramount importance and that all major pieces of Processing Equipment have come under close scrutiny to improve throughput at their most efficient performance levels and for the longest possible continuous running time. Without doubt the use of modern engineering standards and materials of construction has contributed to matching these throughput, efficiency and availability demands. However, often not enough attention is paid to the so called æinsignificant elementsÆ connecting this metallurgical equipment, such as chutes, pipes or other conveying systems, and particularly to the sufficient protection of their wearing surfaces. The result can be an unplanned and expensive outage caused by the wear related failure of such components. This paper will discuss:the theory of wear and the multiple factors of material and design that contribute to a reduction in wear; and the combinations of modern wear resistant materials available to todayÆs engineer and how, by intelligent selection and correct application, plant availability can be optimised. Examples outlining how these principles have been applied in South Africa showing some improvements leading to increased plant availability.

Jan 1, 2002

The metallogenic belts of the Central Andes (iron, porphyry copper, polymetallic and tin) are genetically related to an eastward migrating magmatic arc. The polymetallic belt of the Bolivian Altiplano formed during Miocene arc broadening and lies in a critical position for understanding the genesis of this zonation. It is penecontemporaneous with parts of the copper and tin belts, and shares many characteristics with them. The differences between the belts result from contrasting volcanic and feeder stock geometry, depth of erosion and country rocks, and are not due to variations in magma chemistry, age or Benioff Zone depth. Polymetallic mineralisation in the Altiplano is epithermal in style and mostly related to flow-dome volcanism. The intermontane basinal setting precludes deep erosion to expose the epizonal feeder stocks and predicted porphyry copper mineralisation. In contrast, erosion of the less abundant stratovolcanoes of the Altiplano-Puna and Pampean Massif may expose contemporaneous Miocene porphyry copper mineralisation in subvolcanic stocks. The tin belt is coincident with the Paleozoic fold belt of the Eastern Cordillera. The occurrence of minor tin in Altiplano epithermal deposits hosted by Paleozoic sediments, and the persistence of tin mineralisation in the tin belt over 350Ma, suggests that Paleozoic sediments are the source of the tin.

Jan 1, 1987

By Golding D

The Charters Towers goldfield is located in the centre of a Lower to Mid-Palaeozoic igneous complex where schistose, amphibolite-grade metamorphic rocks were intruded by multiple phases of medium grained granodioritic rocks. Several generations of mafic and felsic dykes also occur. Two distinct mylonites cut all but the youngest granitoids. Gold mineralisation occurs in quartz veins located in brittley reactivated mylonite and in sympathetic fissures in the undeformed granitoids. The gold-quartz veins occur in complex, gouge-filled, 2.5m thick zones, with minor sulfides, surrounded by zoned phyllic and propylitic alteration assemblages. Four main vein systems are each restricted to separate granitoids or contain oreshoots near granitoid contacts. No genetic relationship between the granitoids and the vein systems can be documented. The early mylonitic fabrics and the granitoid contacts played an important role in ground preparation and in the localization of oreshoots. Non mylonitized granitoids also served as favourable hosts for many of the lodes. Whole rock values of 180 of the granitoids range between 6.5 and 7.9 per mil. Hydrothermal vein quartzes have 180 values between 12.2 and 15.7 per mil. Mylonite quartzes have values of 8.4 per mil. Variation in 180 values of quartzes is in part related to granitoid host rock type.

Jan 1, 1987

In South African gold mines, the types of material requiring transportation to the stoping areas include timber packs, explosives, hydraulic rock props, scrapers, scraper winches, pipes, pumps and backfill material (in areas where backfill is being used). Currently timber packs are broken down to their basic components (log and brick) and are transported into the stope by means of either monowinches or a combination of monowinch and scraper winch. Other materials, such as explosives, hydraulic rock props, scrapers, scraper winches, pipes, pumps and backfill material must be transported by other means, usually by hand or, in the case of heavier items, by chain blocks. With the drive to increase stope advance rates and the rise in the number of miners with HIV/AIDS, there is a need in the South African gold mining industry for an improved material handling system. To meet future requirements, material handling systems should assist miners to transport materials quickly and efficiently. Furthermore, it must be financially viable and economically competitive with current material handling systems. This paper looks at the in-stope material handling efficiency of current monowinch systems and provides solutions to improve efficiency. In addition, the use of in-stope monorails are reviewed and the possible scenarios that will substantiate the use of monorail systems are discussed.

Jan 1, 2003

This paper presents results of the experiments carried out in Beth Energy No. 33 Mine for the purpose of alleviating problems associated with cutter roof. Cutter roof problems have delayed the advance of the entry development considerably and maintenance cost of these entries was very high due to the requirement of very extensive and heavy artificial supports. The study includes assessment of the problem, investigation of the geology and lithology of the mines, study of in-situ stresses and corrective measures to combat the problem. Two approaches were selected as the corrective measures: 1) implementing yield pillar concept in order to reduce the effects of in-situ horizontal stresses, 2) designing an effective roof reinforcement system and application procedure. Results of this study revealed that roof strata is weak and in-situ stresses are very high at the problem area which results in development of cutter roof. Implementation of yield pillar concept was found to be ineffective because cutter roof often developed at the entry face concurrent to the development. However, proper design and implementation of roof reinforcement system stabilized the roof and eliminated roof caving during both entry development and retreat of longwall face, despite existence of the cutter roof, at a much lower cost.

Jan 1, 1992

Copper was first produced in Australia in 1844, at the Kapunda Mine in South Australia, and, by 18i>0, production exceeded 2,000 tons of copper a year. Output increased ,steadily, reaching a peak of 14,00Qo tons a year in 1867 and 1868, when the Burra Burra and Kapunda Mines in South Australia and the Peak Downs Moine at Clermont, Queensland, were at the height of their production. At this period, Australian copper formed a considerable percentage of the world's supply, its output equalling, for a short time, that of the United States. Production declined to between 3,000 and 4,000 tons a year after the closing of' these three mines between 18717 and 1879, and, at this stage, the Australian output came chiefly from the Wallatoo and Moonta mines in South Australia. About 19000, it began to rise again, with the extension of the railway to the copper fields of Chillagoe and Cloncurry, and, between 1905 and 1912, was at its greatest, with a maximum of 47,774 tons of copper in 1912. During this period, Australia contributed 4,7 per cent. of the world's annual production, and ranked among the six major copper-producing countries of the world (Table 1).

Jan 1, 1943

By Borshoff J, Von Pechmann E

The uranium mineralization in the White's East area of The Embayment is hosted by Lower Proterozoic schists of the Masson Formation which have undergone polyphase de- formation and upper greenschist metamorphism. Significant mineralization is also present in apatite rocks. The ore zones occur near an unconformity with overlying Middle Proterozoic sandstone and breccia conglomerate. Kink breccias and fracture systems related to post Middle Proterozoic reverse faults are the con- trols for mineralizing fluid migration. Pitchblende is the main uranium mineral and it occurs as fine disseminated grains, fibrous webs, clusters composed of botryoidal aggregates and locally as veins. Two genera- tions of uranium mineralization are present. The first generation (pitchblende I) occurs as fine grained inclusions within chlorite II, and the second (pitchblende II) as hydraulic fracture networks and massive veins intimately associated with sericite-hematite-chlorite III. Two hydrothermal alteration phases have affected both Lower Proterozoic and Middle Proterozoic sequences. The most extensive alteration mineral is chlorite, of which a number of varieties has been identified. Mg-rich chlorites are generally associated with the first phase alteration assemblages and are commonly replaced by hematite, seri- cite and Mg-Fe chlorites in massive pitch- blende zones. Other alteration minerals in- clude tourmaline, apatite, talc, quartz, magnesite, graphite, pyrite and rutile.

Jan 1, 1984

By Gemmell J. B

Zinc-bearing massive sulphide deposits have been mined in Tasmania since 1900. The current major producers are Hellyer and Rosebery, with total resource tonnages (mined plus reserves) of 16 Mt (million tonnes) and 24.8 Mt respectively. These deposits belong to the class of seafloor volcanic-hosted massive sulphides (VHMS) and are located within the Mt Read Volcanics, a narrow belt of continental margin calcalkaline volcanics of Cambrian age. Compared to other Australian VHMS deposits, and world-wide MVT and Sedex deposits, the Tasmanian examples clearly stand-out due to their high metal grades, averaging over 17 per cent Pb+Zn. The deposits vary in morphology from mound style (Hellyer) to sheet style (Rosebery) with other combinations including stacked lenses (Que River) and disrupted cross-cutting bodies (Hercules). All deposits show the classic VHMS zonation from an Fe-Cu-bearing base to a Zn-Pb-Ba-rich top. Zinc, gold and silver tenor commonly increases toward the stratigraphic top of the deposits. The ores have been deformed during regional metamorphism, resulting in folding, shearing and recrystallisation of sulphide lenses. In addition to the major deposits, a number of small massive sulphide prospects occur throughout the volcanic belt and the potential for the discovery of further large, deeply buried deposits remains high.

Jan 1, 1993

By Lightfoot BW, Wand PD, Towne DV

Sampling and e.m.f. probes were used in the liquid flow from the blast furnace and in the forehearth to evaluate the performance of the copper smelting system at E.R. & S. Significant variations in temperature, oxygen potential and copper content with slag depth and with position in the forehearth indicated that convective currents were causing considerable stirring in the forehearth. This was attributed to temperature fluctuations in the stream from the blast furnace, which resulted in colder slag being underlain by hotter matte. Tracer tests in the feed to the smelter and in the feed to the forehearth revealed considerable holdup of material in the plant and confirmed that the forehearth involved small scale turbulence but little large scale mixing. The results indicated that the copper content of slag continuously tapped from the forehearth could be lowered by at least 0.15% if better settling could be achieved and means of attaining this are discussed. As part of the investigation the recovery of copper from spent refractory bricks recycled through the smelter was evaluated. It was found that the recovery was high but it seems likely that the brick material is partly responsible for a build up of solid material in the forehearth.

Jan 1, 1981

Broken Hill South Limited's discovery of phosphate deposits in the northwest of Queensland in 1966 prompted intensive exploration which has proved phosphate rock in excess of 2,000 million tons at ten separate deposits. Systematic exploration for phosphate in Australia was initiated by the Company in 1964. Early in 1966, an investigation of oil wells in the Georgina Basin in the Northern Territory and Queensland revealed widespread anomalous phosphate in early Middle Cambrian Beetle Creek Formation and Thorntonia Lime- stone. Phosphorites recognised in oil wells in the southeastern part of the Basin, Queensland, led to the discovery of the Duchess deposits, Exploration of the Beetle Creek Formation since 1966 has disclosed nine other sizeable deposits north of Duchess around the eastern margin of the Basin. The Lady Annie and the adjoining Lady Jane deposits, by reason of their location, 160 miles south of the Gulf of Carpentaria, are expected to be the first to be brought into production. Beneficiation testing and engineering investigations commenced in 1967. Transport between the deposits and various port sites in the Gulf of Carpentaria has been extensively studied and a slurry pipeline as a means of transport to a deep water island port, is now being investigated.

Jan 1, 1971

By Biswas AK, Hayes P

During the reduction of iron oxide pellets in the blast furnace it has been found that catastrophic swelling (up to 300% volume increase) can occur. Although the burden preparation conditions can be designed to avoid this phenomenon the exact reason and mechanism of the swelling has yet to be clearly identified. Swelling of the burden is undesirable since it reduces the interparticulate voidage in the blast furnace thus reducing gas flow through the stack resulting in low production rates of iron. The present study differs significantly from previous experiments in that reduction is carried out on single crystals of wustite thus the problems of control of gas composition and specimen preparation are minimised. The microstructures formed on reduction have been examined by optical and scanning microscopy. Pure wustite and wustite doped with various levels of CaO have been examined after reduction in controlled CO-CO 2 gas mixtures at 968¦C. The catastrophic swelling on reduction coincides with the formation of an unusually open iron structure in which the iron appears as whiskers or needles as previously reported. The spacing and thickness of the needles are shown to vary with impurity content and gas composition. Metallographic examination has shown in addition, however, that the whiskers do not necessarily constitute the only product form of the iron produced and in CaO containing wustites with less than - 2% CaO there is a transition from needle growth to porous growth of iron. Thus the % swelling of the oxide particles is dependent on the initial size of the oxide grains. Samples of FeO - 10% CaO exhibited a previously unreported product inorphology associated with the nucleation of 2CaO.Fe203.

Jan 1, 1980