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The classic description of Project Finance as "the reliance by lenders on the cashflow of a project, supported by the assets of the project with no recourse to the project sponsor's corporate balance sheet" has, like most other terms in the finance industry, evolved through recent usage. The area now under most scrutiny is the sharing of risks between parties either most able to take them or prepared to accept payment for them. Creativity in, and flexibility of financing structures have enabled project lending to continue under a dramatically different economic outlook. The diminishing competitiveness of the Australian producers in a global market place of uncertain commodity prices has discouraged the advancement of many large scale resource projects. The majority of new project financings has been designed to assist the relatively small company promote and develop its first projects. New trends- are emerging in four areas: sources of capital; borrowing structure; financing instruments (securitisation); and risk underpinning. As project financing becomes more widely used, the range of interested financiers grows. New initiatives contribute to its development and evolution with a view to increase effectiveness to the sponsor of any new venture.

Jan 1, 1987

By K Schiefelbein, P OÆGrady, R Balusu, T Ren, T Harvey

"An extensive research program has been undertaken over recent years to reduce the risk of fires and explosions in underground coal mines. The research projects have integrated extensive field studies and computational fluid dynamics (CFD) models of goaf gas flow behaviour to develop optimum proactive strategies to prevent and control spontaneous combustion and fires ingoaf areas. The research has developed a fundamental understanding of the air and gas flowbehaviour in goaf areas and provided a detailed understanding of the eff ects of various geological,ventilation, operational and inertisation design parameters on goaf gas distribution. The researchinvestigations have also provided a better understanding of the flow behaviour of gases from the heating in the goaf areas and the effect of various gas and spontaneous combustion controltechnologies and strategies. Field studies conducted at a number of underground coal mines have shown that the proactive strategies were successful in reducing oxygen ingress into the goaf areas and in reducing the risk of fires and explosions in the underground coal mines. The results of various research investigations and guidelines for reducing the risk of fires and explosions in underground coal mines are presented in this paper."

Jun 1, 2012

By P Trotta

The paper provides a structured methodology to investigate metallurgical problems within the operating concentrators. The strategy uses classical metallurgical data analysis as well as pulp, solution and surface analysis to determine the reasons for particular behaviours. The approach applies equally to all mineral-processing operations. To demonstrate its effectiveness a case study, based on work conducted at Pasminco Rosebery Mine, is described. In this work, the classical metallurgical analysis indicated that a significant amount of sphalerite reporting to the lead concentrate occurred as liberated particles. A combination of pulp, solution and surface analysis supported the hypothesis that the liberated sphalerite was recovered by inadvertent activation by lead ions. Laboratory studies have indicated that the use of sodium carbonate, by itself and in combination with zinc sulphate and sodium cyanide, when added to the lead regrinding mill can depress sphalerite flotation, resulting in an improvement in the lead grade/recovery curve. When this approach was tested in the plant other more dominant issues masked any positive effect the addition of sodium carbonate may have had. The plant trial highlighted the real need for additional regrinding capacity.

Jan 1, 2002

Agglomeration Drum Selection and Design A model has been developed by for drum agglomeration which allows selection of geometry and power input. Specific aspects considered are: calculation of total operating volume, solids residence time based on drum geometry and operating parameters, selection of the drum aspect ratio, selection of proportion of critical speed, calculation of rotating power requirements. The model uses solids total residence time to calculate the required operating volume. The burden density is calculated from the solids bulk density, agglomerate packing and the fluid density. Power is calculated using a modified Liddell and Moys correlation for burden position and shape, and the operating drum speed. A further power allowance is made to allow for accretion drop off during drum rotation. Results from the model (especially power and per cent operating fill) have been verified from industrial installations of significant size. Predicted and observed power draws are within five per cent when burden slip and bypassing are not significant. When these are significant (at fills above 15 per cent) the actual power draw will be less than the model prediction. Under these circumstances the quality of the agglomerates will be poor.

Sep 13, 2010

By Luck D

Current methods of mucking out small development tunnels are a major limitation to improved efficiency and high rates of advance. This is particularly true in the deep metalliferous mines of South Africa, where the harsh environment, remoteness of operations and the hard abrasive rock conditions mitigate against the use of the tunnel borer type of equipment. The Loader Distributor Train was designed to overcome the special problems of hard rock tunnelling. It combines advanced innovative technology with proven simple methods of operation and maintenance. The system aims at taking advantage of new, efficient and cost effective power sources in South African mines based on replacing compressed air with electro hydraulics and the new concept of hydropower. It also introduces electronics and computer technology, for both automatic control and fault finding, into the production environment. The system is designed to permit sophisticated equipment to be operated and maintained by a semi skilled labour force. Although still undergoing trials it is believed that the Loader Distributor Train will prove highly effective, and that the new concepts offer considerable potential in areas other than flat tunnels, in particular the cleaning of inclined shafts.

Jan 1, 1986

By Ash M

The world-class iron ore mines at Mt Whaleback, Torn Price and Paraburdoo located in the Hamersley Province of Western Australia must mine the Mt McRae Shale to obtain high grade ore from the Dales Gorge Member of the Brockman Iron Formation. The Mt McRae Shale contains a black pyritic shale lithology that reacts with ammonium nitrate-based explosives. This paper provides an overview of the problems associated with mining this reactive rock type as well as the development of a comprehensive procedure to safely and efficiently blast, excavate and dispose of this material. The strategy used to develop the procedure involved raising the awareness of relevant site personnel to the risks associated in mining the Black Pyritic Mt McRae Shale, obtaining the commitment of these personnel that a detailed procedure was required and that any procedure developed must be followed, otherwise the potential risks such as premature detonation were high. It was also necessary that an on-going training program be implemented so that all relevant new employees would be educated as to the reasons for adhering to the Black Pyritic Shale Procedure.

Jan 1, 1995

By Richmond GD

The Hellyer concentrator of Aberfoyle Limited commenced production in 1989 processing a fine grained, massive sulphide ore containing Zn, Pb, Ag, Cu and Au as values. Four concentrates are produced - copper/silver, lead, zinc and bulk (Pb/Zn) - with overall payable recoveries (1991) of 80 per cent Zn, 55 per cent Pb, 50 per cent Ag, 30 per cent Cu and ten per cent Au. Metallurgical development work commenced immediately after plant commissioning, and continues. The flotation response and liberation analysis on a size basis highlighted reagent balance problems associated with tower mill regrinding of sphalerite, poor conditioning of flotation pulps, poor selectivity for fine galena, and insufficient liberation. These were the main causes of values lost to tailings, values reporting to the 'wrong' concentrates and of impurities in the concentrates. Modifications to tower mill regrind circuit operation, and the use of improved conditioning techniques have greatly improved concentrator performance, particularly in the finer (-5 micron) size fractions. Studies of concentrator and laboratory flotation by size and liberation analysis are the basis of diagnostic metallurgy. The techniques used to evaluate the improved concentrator performance are discussed.

Jan 1, 1993

By Marshall GA

Structural fatigue damage of haul truck frames is a costly problem associated with the operation of large mine haul trucks. A monitoring programme is described which has been instigated to measure stresses in the frames of haul trucks under actual mine operating conditions. The instrumentation used and methodology employed in the computer analysis of the results is briefly described. The results of the monitoring programmes are reviewed, and the effects of various factors affecting structural fatigue damage of three common types of rear dump truck are considered. Factors discussed include the effects of haul route features (for example shovel, dump and crusher areas); the effect of operations such as turning, braking, loading and dumping; the influence of payload; the effects of malfunctions in suspensions; and the influence of haul route surface quality. It is shown that with respect to payload, while structural fatigue damage is increased with payload, the structural damage per unit of payload does not change significantly for moderate increases in payload above the nominal value. Finally, on the basis of these results, recommendations are made for haul route design and operational practices which will increase the structural fatigue life of haul truck frames.

Jan 1, 1986

By Robertson A. D C, Cranfield L. C, Murray C. G

Most base and precious metal mineralisation in the Gympie Province is genetically linked to intrusion of branitoids of Late Permian to Late Triassic age. Most lodes are hydrothermal quartz and quartz-calcite veins at intrusive contacts, within either the granitoids themselves or the country rocks, and commonly associated with dykes. Other types of intrusive related deposits are disseminated porphyry type Cu, base metals in skarns, and Mo in quartz pipes and veins. Although the Late Permian-Late Triassic granitic intrusives can be subdivided in terms of age, it is not yet possible to relate deposits of particular metals or styles to granites of a specific age on a regional scale.Some significant mineralisation is not associated with granitic intrusions. This includes the Gympie goldfield, by far the largest known deposit within the Gympie Province. Gold occurs in quartz veins crosscutting Early Permian volcaniclastic sediments and also in NW striking fault zones. The source of the mineralisation is unknown. Gold and silver also occur in epithermal, disseminated and breccia hosted deposits within Late Triassic continental volcanics. Epithermal Hg mineralisation at Kilkivan may be related to Early-Middle Triassic volcanics.

Jan 1, 1990

ABSTRACT- I Chemotrophic bacteria, capable of oxidising inorganic species such as Fe(II) and S(-]I) for their metabolic energy, have been known for many decades and interest in these bacterial species has increased since their ability oxidise auriferous arsenopyrite ores has been demonstrated. The rate at which bacterial cultures can oxidise a solid sulphide ore is of importance but a number of difficulties arise when attempting to evaluate this oxidative activity. The two major problems are counting the number of viable bacteria present in the reactor and identifying the types of bacteria that are active in both the solid and liquid phases. Enumerating the numbers of bacteria responsible for an observed change is necessary to compare the activity of different isolates. For selection and identification of bacteria during the development stages of a project, and for monitoring an operational process, the recognition of different species will be of importance. Methods for the taxonomic discrimination of bacterial species rely on observations, different culturing techniques, and the degree of DNA base homology between isolates. A method reported recently uses IR spectroscopy for comparisons between isolates. This spectroscopic method and its application is discussed.

Jan 1, 1991

By Wilson AC

Permian coal from Western Australia's only producing coalfield at Collie is the dominant fuel used in generating electricity for the State's interconnected grid. Collie coal is sub-bituminous, non-coking and has a low ash, medium volatiles and high moisture content. The seams were laid down in a fluvial basin which extended beyond the Collie Basin and included the Wilga and Boyup Brook Basins at least. Adjacent parts of the southwest Yilgarn Block are prospective for Collie-type basins. In the past few years significant deposits have been delineated within the Perth Basin, specifically on the Vasse Shelf and in the Hill River area. In the former area high quality steaming coals are correlated with the lowest coal bearing member at Collie. The seams are amenable to underground mining and because of their high quality, the coal may have export potential. Sub-bituminous coal deposits of Jurassic age are present in the Hill River area. Exploration has down-graded the prospectivity of the Carnarvon and Canning Basins for sub-bituminous near-surface coal deposits. Tertiary lignite deposits are present in palaeo-drainage systems in the southern part of the State and their potential for development is being evaluated.

Jan 1, 1986

By B, G Strobos, J P. Maree, N Smit

In mining and processing operations where minerals, high in pyrite and low in calcite/dolomite are processed, acid is generated, which needs to be neutralised. Ticor at Empangeni in South Africa (SA) produces rutile (TiO2), leucoxene (TiO2 plus iron compounds), titanium (Ti), zircon (Zi) and ilmenite (TiO2 plus iron compounds). Neutralisation is required in the processing plant where acid is leached into the wash water. This water needs to be treated to a quality suitable for re-use in the metallurgical process or to a higher quality to make it suitable for discharge into the Empangeni sewage system (SA). For re-use the water needs to be neutral and under-saturated with respect to gypsum while for discharge into the sewage system the sulfate concentration needs to be reduced to less than 500 mg/L (as SO4). Acid mine water is generally neutralised with lime. Disadvantages associated with lime are the costs and maintenance of the slaking equipment as well as hazards, associated with handling of the alkali. The cost of powdered limestone (CaCO3) in South Africa, a by-product, is 50 - 60 per cent cheaper than lime. A technology has been developed where limestone is used for neutralisation of acid mine water instead of lime. This development includes: Limestone handling and dosing system. A novel, robust system has been developed where waste CaCO3 from the paper industry is slurried to a constant density. A full-scale plant was constructed to evaluate its performance (Figure 4). The dosing system consists of an inclined slab onto which the limestone is stored and from where it is slurried into a make-up tank. The density of the slurry in the make-up tank is controlled via a loadcell that measures the weight of the tank (operated at constant volume) and activates/deactivates the spray of the recycle slurry onto the slab. Integrated limestone neutralisation/lime treatment process. In this process powdered CaCO3 is used for neutralisation and partial sulfate removal of acid leached from the coal washing plant. The sulfate concentration can be further reduced to below the saturation level of gypsum (ie 1200 mg/L) through gypsum crystallisation by means of lime treatment, resulting in metal precipitation (eg Fe3+ and Al3+). CO2- treatment for CaCO3 precipitation. The pH of the lime treated water can be adjusted to pH levels of 8.5 and lower using CO2. The CO2, generated during limestone neutralisation (Equation 2), can be captured and used in this stage of the process. The first two stages (limestone- and lime neutralisation) of this technology have been implemented on full-scale at Ticor to treat the effluent of the process. The constructed plant is 80 m3/hr and differs from coal processing plants by way of not containing Fe(II) and Fe(III) in the water. The CO2-treatment stage (Stage 3) will soon be implemented at IHM as part of a program to optimise the technology for maximum benefits.

Jan 1, 2003

By H R. Phillips

The ventilation and refrigeration design of underground mines is an important aspect, when new or existing mines are considered and places a great responsibility on engineers tasked to do so. The current trend for both local and international underground mines is to extend their search for valuable ore reserves deeper below surface. In South Africa, the predictions are that about 40 kt of actual gold still lies in situ, ready for extraction. As mines extend their search for minerals of economic value deeper and deeper into the earthÆs crust, ventilation and refrigeration aspects of such mines become more prominent than before. The planning and design of the required ventilation and refrigeration within these mines, over their expected lifetime is important including the practical implications of such designs. Technology changes and improvements need to be incorporated into ventilation and refrigeration designs, where possible and advances in this specialised field explored. This paper explores ventilation and refrigeration design aspects within the underground mine sphere. Aspects such as mining depth, virgin rock temperature (VRT), mining methods, and different cooling applications available including ventilation supply are reviewed in design applications. Heat generally becomes a significant aspect to counter in these mines and they are not always necessarily deep mines.

Jan 1, 2005

Martite-goethite high-grade iron ore deposits that show no trace of hydrothermal alteration may extend to more than 200 m below the permanent water table and are typically saprolite with evidence of exposure to the physical, chemical and biogenic processes of soil formation restricted to the low-grade goethitised upper levels. Typically no evidence of the prior presence of chert bands is discernable within the ore yet it has been assumed that these ore deposits derive from cherty banded iron formation (BIF) through supergene leaching of the chert bands and thus classified as supergene iron ore deposits. The fact that chert bands are absent and that these ore deposits are highly weathered does not prove supergene leaching of the chert bands. Quartz is one of the most resistant minerals to chemical weathering within the saprolite and large scale dissolution of quartz is absent from all other quartz-bearing saprolites, yet this unlikely process is accepted without question as the origin of the most abundant form of high-grade iron ore deposits. It is proposed that martite-goethite high-grade iron ore deposits formed only from BIF in which chert bands were absent prior to weathering. An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation.

Jan 1, 2008

By M G. Aylmore

Thiosulphate is an attractive alternative reagent to cyanide for processing gold ores. It is relatively cheap and non-toxic, forms relatively strong gold and silver complexes, and readily leaches gold ores in ammoniacal solutions, catalysed by Cu(II). It is particularly suited to carbonaceous ores where the recovery of gold by cyanide is poor. However research over the past 20 years has identified a number of issues and impediments that must be understood or overcome before an overall process can be demonstrated as practical and economic for typical oxidised gold ores. This paper reviews our current understanding of thiosulphate chemistry and mechanism of gold dissolution, and discusses the stability of thiosulphate and polythionates. It then reviews the results of leaching various gold ores that have been reported in the literature, discusses gold recovery options, and considers environmental and toxicity issues. Some of the issues that require further research include decreasing the oxidation of thiosulphate by Cu(II) or other oxidants, increasing the extraction of gold compared to cyanide, and understanding the variation in gold recovery between ores. More work is also required to minimise the effect of polythionates on gold recovery using resins or alternative absorbents, to improve the elution of copper and gold from resins, and to recycle or minimise the concentration of reagents.

Jan 1, 2002

By A Thompson, E Villaescusa

The Western Australian School of Mines (WASM), Kalgoorlie, has been performing dynamic testing of reinforcement systems as part of the Minerals and Energy Research Institute of Western Australia (MERIWA) Projects M349 and M349A sponsored by WASM, the Western Australian State Government and the mining industry. These projects have resulted in the construction and commissioning of the WASM Dynamic Test Facility and a program of reinforcement system testing. The primary purpose of the WASM projects is to evaluate the performance of complete reinforcement systems when subjected to an axial dynamic load. The test procedure, monitoring and associated analysis enable assessments for each component (ie the element, the internal fixing mechanism and the surface hardware) of the reinforcement system. The performance of a reinforcement system is usually defined by a static force-displacement response to axial loading. However, this static response may not be applicable to dynamic loadings associated with violent failure of rock due to overstressing as mines progress to greater depths. It was therefore appropriate that the responses of reinforcement systems subjected to dynamic loading be defined and evaluated. The key findings from the tests on a number of reinforcement systems are presented and recommendations made regarding their application for dynamic loading.

Jan 1, 2008

By N Tuffs, R Peace, S Xue

Mine gas control is a major issue in most of the gassy underground coal mines, due to its direct impact on safety, production delays and cost of production. Analysis of the gas data, from different collieries in Australia showed that longwall gas emissions have increased substantially over the years. Simply increasing the number of goaf holes in the panel or decreasing goaf hole spacing seems not to be effective, in controlling high goaf gas emissions. A major research project has been undertaken by CSIRO in collaboration with mine sites to address this goaf gas control issue with the aim of developing effective and optimum goaf gas drainage strategies. The project has combined extensive field studies with computational fluid dynamics (CFD) models, to characterise goaf gas flow patterns and develop effective gas control strategies. The research work specifically involved review of gas control issues at field sites, goaf gas monitoring, tracer gas tests, CFD simulations and extensive field trials. Field demonstration studies of the new optimum strategies have been conducted at two collieries in Australia. The project results have shown that the optimum strategies were highly successful, in improving the overall efficiency of goaf gas drainage systems, at both the field sites. Results of the goaf gas flow characterisation studies and field demonstration studies are summarised in this paper.

Jan 1, 2005

By C McInnes

The key to successful flotation plant design, production planning and mine/mill optimisation is a solid understanding of the resource to be processed. As advocated by the authors of this paper, the main components of geometallurgical modelling of an orebody and its associated flotation plant are: an ore sampling program and subsequent laboratory testing of these samples in order to extract process model parameters; geostatistical distribution throughout the resource model of the process parameters; calibration of the plant via benchmarking (for existing operations); and plant simulation using a system of process models and the distributed metallurgical parameters (from step two) as the data set.It is important that the grinding and flotation models are linked. For example, a laboratory test conducted on a drill core sample, intended to represent a portion of the orebody, is conducted at a specific grind (represented by a P80). However, when that ore is actually processed through the plant it may well be (and in many cases most likely will be) at another P80. Additionally, the flotation plant residence time will often be determined solely by the grinding circuit capacity and feed slurry density. In the case of SAG mill û ball mill circuits, the fluctuations in tonnage and grind are known to be high. The modelling approach described in this paper allows for changes in the measured flotation kinetic parameters in order to reflect the expected grind as determined by the comminution process.

Jan 1, 2005

By Millen M. J, Rainey S, Sowerby B. D

The control of size reduction in grinding machines and circuits may be enhanced by a continuous and accurate measurement of the particle size of solids in appropriate process streams. This paper presents a brief review of commercial particle s

Jan 1, 1997

By Mackenzie J. M W

The mechanism of clay slime flocculation in coal washing circuits is considered and it is concluded that polymer flocculants are most suitable. It was found that the addition of sea water with a polymer flocculant improved flocculation and settling, and it was also found that dilution of a flocculated pulp increased floc size and hence settling rate.In predicting plant consumption of reagent it was found that cylinder tests, or even pilot plant tests, could give erroneous results, particularly on flocculated pulps. Different flocculants may, however, be compared in cylinder tests.For filtration, flocculation with Separan plus sea water was much more beneficial than flocculation with Separan alone.INTRODUCTIONDuring the mining of coal, and its subsequent beneficiation by washing, large quantities of minus 10 mesh material are produced. This fine material, which consists of broken down shales and fine coal, causes difficulties in water clarification circuits, in refuse disposal, and in filtration of fine coal.These difficulties can be largely overcome by flocculation, and this paper discusses the mechanism of flocculation, the methods by which a selection of flocculant may be made from the large number available, and the limitation of the prediction of plant performance from laboratory tests. This work applies particularly to the washeries of The Broken Hill Proprietary Co. Ltd. (B.H.P.) and Australian Iron and Steel Ltd. (A.I. & S.) .

Jan 1, 1962