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Australia is the dominant iron ore supplier to the Asian market, a position that began to emerge with the development of the Pilbara in the 1960s. Iron ore is now one of AustraliaÆs main commodity exports and is likely to remain so well into the future. The annual price negotiations are the focus of widespread comment and speculation by financial analysts, journalists and mining professionals. Much is written on the subject, but how much is understood? What is the process all about and what can mine managers learn from understanding the pricing mechanism? Every one of the major regional iron ore markets has its own characteristics. The focus here is Australian supply specifically to Asia, far and away the biggest and fastest-growing of these regional markets. The core of the paper reviews and explains the key elements and procedures that contribute to pricing iron ore in Asia, a market that has long been dominated by the Japanese steel mills (JSMs) and that is now feeling the full force generated by the rapid industrialisation of China. First, however, it is important to understand how this market has evolved over the past 40 years, and the key relationships that have shaped and continue to shape the iron ore price. A description of the essential technical and commercial factors follows. Each area is explained in some detail to provide an overall demonstration of the linkages and the importance of understanding the various influences on the pricing process.

Jan 1, 2006

By Adshead ND, Blake KL, Rotherham JF, Rotherham M, De Jong G

Magnetite deposits with distinctive ¦ actinolite ¦ apatite -bearing gangue and spatially-extensive sodic-calcic wall rock alteration occur in both Proterozoic metamorphic terrains and Mesozoic-Tertiary magmatic arcs. Examples from both settings constitute significant sources of iron ore (e.g. Kiruna, Sweden; El Romeral, Chile) and some host major Cu-Au deposits that have a local association with K-silicate alteration (e.g. Cloncurry district, NW Queensland; Copiapo district, Chile). A growing body of evidence points to a hydrothermal origin for these systems involving high temperature, low S oxidized fluids. The Cloncurry magnetite-Cu-Au deposits are products of the local structurally channelized influx of a specialized high salinity ore fluid into larger-scale alteration systems developed during pluton emplacement at greater depths than those associated with subvolcanic (porphyry) Cu-Au deposits. The geological characteristics of deposits in magmatic arcs are consistent with a similar mode of origin albeit in rather different tectonic settings.

Jan 1, 1995

By Childs G, Ritchie IC

This paper describes the principle and operation of small hydrocyclones for use in the coal, minerals and other process industries. The principles for selecting a hydrocyclone for an application are also discussed. Typic- al uses and installations in various industries are described.

Jan 1, 1984

This paper introduces a classification of gold orebodies, and comments on the importance of cutting high grade values, the choice of an appropriate ore reserve method and the necessity for producing recoverable ore reserves by considering the mining policy. The author stresses the importance of obtaining the appropriate information from the data relevant to a particular deposit as opposed to transfering parameters from one deposit to another.

Jan 1, 1987

A failure criterion for coal is proposed in which a distinction is made between brittle and "pseudo-ductile" failure. This criterion is then used in the development of new equations for coal pillar strength, including a transition from brittle fracture to pseudo-ductile yielding. In addition, equations are obtained which allow the äritical minimum pillar dimensions to be calculated to avoid "catastrophic" and "ultimate failure". The use of these formulae is then demonstrated by comparing the results with pillar case histories derived from the literature.

Jan 1, 1986

By Warren L. J

In the mineral processing industry solid-liquid separation within a thickener usually requires the addition of a synthetic flocculant to enhance the settling rate of fine particles. The characteristics of the resulting flocculated suspensions may vary considerably depending upon the physical and chemical conditions which prevail during the flocculation process. For example, parameters such as flocculant type, dosage and solution concentration, surface chemical characteristics of particles and the suspension agitation conditions can influence the degree to which the particles aggregate. Aggregated suspensions exhibit various structures, and range from those composed of small, dense aggregates to those containing large, voluminous aggregates. The size distribution and structural type of the aggregates which form within the feed-well of a thickener can have a dramatic effect upon overall thickener performance. Thickener performance cannot be optimized without optimization of the aggregate structure produced in the feed by synthetic flocculant addition. This has required the development of new techniques to quantify the nature of aggregated suspensions, details of which are presented in this paper.

Jan 1, 1989

Environmental impact and rehabilitation on completion are primary considerations in obtaining approval for mine projects from government authorities.This paper focuses on the planning and commencement of rehabilitation during the mining of an open cut mine (Hedges Gold Mine) in an environmentally sensitive area in the southwest of Western Australia.

Jan 1, 1992

The mined-out Old Waite volcanogenic Cu-Zn deposit lies in the Noranda mining district of northwestern Quebec. The deposit has a distinctive pipe-like zone of alteration beneath the massive ore, extending into the stratigraphic footwall. The hydrothermal metasomatism within the alteration pipe produced a concentric zonation. with a peripheral quartz - sericite - chlorite mineral assemblage surrounding an axial core of magnesian chlorite - Phlogopite.

Jan 1, 1989

By R Dimitrakopoulos

The development of mineral resources is based on a spatial model of the orebody that is only partly known from exploration drilling and associated geological interpretations. As a result, orebody models generated from the available information are uncertain and may require the use of stochastic conditional simulation techniques. Multiple-point methods have been developed for petroleum reservoir modelling, enabling reproduction of complex geological geometries. This paper considers a multiple-point approach to capture the uncertainty of the lithological model. The implementation of the method at the Yandi channel iron ore deposit in Western Australia and performance characteristics are discussed. The uncertain lithological model translates into considerable grade-tonnage uncertainty.

Jan 1, 2007

By Chen J, Sun ZY

The present paper gives the design of a new HGMS for magnetic separation of sulphides. The main characteristics of this HGMS are using iron-cladding saddle-shaped magnetic coil for instead of the ordinary magnet, and combining reciprocal-linear motion with vibration to actuate the separation box, and the magnetic field intensity is high up to 2T as well. For improving the magnet system design, a modified finite element method is used to calculate the distribution of magnetic field intensity of separation space of the magnetic coil, and accordingly the calculation results the magnetic leakage coefficient can be determined easily, thus designers apart from the empirical way. KEYWORDS: HGMS, reciprocal motion and vibration, finte element method, saddle-shaped coil.

Jan 1, 1993

Geomechanics is one of the more specialised aspects of site supervision on a major tunnell- ing project. The controlled deformation of a rock mass as a result of tunnelling and the knowledge of loading of temporary and permanent underground supports are important for safe, economic construction. These basic parameters depend on the construction method and sequence and the geological conditions through which a tunnel is driven. Thus geomechanical monitoring during the construction phase provides feedback to a design team and allows any revisions to a design to cater for local conditions not revealed by earlier investigations. Detailed geological mapping is an integral part of geomechanics in the construction phase. It serves as a monitor on pre construction predictions and also forms part of the as- constructed record. If conventional excavation-techniques are adopted, geomechanics can provide a service of blast' vibration monitoring of surface structures in urban areas.

Jan 1, 1976

Investigation on Sheelite Floatability by Particle Size Fraction

Sep 13, 2010

By Hedge AS

Mt Whaleback is one of the largest open-cut iron ore mines in the world. Haulage cost is the single largest component of operating costs at the mine. Past studies towards alternatives to truck haulage have recognised the potential viability of an in-pit crushing and conveying system, dependent on the proportion of uphill haulage. After seventeen years of mining Mt Whaleback still contains more than 1,000 million tonnes of ore, needing 1,800 million tonnes of waste removal to extract it. What was once a quarry has now turned into a large open pit. The increasing proportion of uphill haulage, the need to replace ageing 120 ton and 200 ton trucks and the necessity of achieving and maintaining a higher stripping ratio prompted, in 1984, the initiation of a new feasibility study into the viability of alternative material handling systems. A semi-mobile in-pit crushing and conveying system was found to be most suited to Mt Whaleback conditions. The East Pit was selected as the best location based on the analysis of haulage profiles measured on long term incremental mine plans. A capacity of 22 million tonnes per year was considered achievable by the proven technology currently available. A detailed estimation of capital and operating costs of two systems - one with trucks only and another with trucks, crusher and conveyor - for the removal of 22 million tonnes per year of waste rock, showed substantial cost savings achievable by the proposed system. An economic evaluation of the two systems established the advantages of constructing the in-pit crushing and conveying system. This is now under construction and will be commissioned in early 1987. Experience gained in constructing and operating this installation is expected to influence decisions on similar installations in future.

Jan 1, 1986

By Q Xin, X Shengming, C RuÆan, Z Zhigeng a

The optimum defluorinating conditions for Sichuan bastnasite crude ore were determined by orthogonal experiments. Over 95 per cent fluorine in the crude ore was stripped by roasting 30 minutes of the crude ore with Na2CO3/ore =0.25 at 650oC. The stripped fluorine crude ore was further treated by NH4 Cl to recover rare earth. Above 95 per cent rare earth can be leached by water after the stripped fluorine crude ore mixed NH4Cl(NH4Cl/ore =1:1) roasted 1 h at 325oC. At the same time, the rare earth leaching solution contains little Fe, Si and Al. Therefore it is propitious to further purify the solution and recover rare earth.

Jan 1, 2000

By Marshall T, Nicholson DS

Reserves of high-grade quartz gravel, lignite and timber suitable for the production of silicon metal and ferrosilicon on large scale occur within 40 miles of Bluff Harbour. Undeveloped hydroelectric power resources on the Clutha River are located within 50 miles of the most promising quartz gravel deposits while ooencastable lignite, potentially suitable for electric power production, occurs in the same locality as the quartz gravels. A preliminary study of production economics indicates that the commercial feasibility of silicon/ferro-silicon production would depend mainly on the cost of electric power, total capital cost of plant, and the market value of the products. The proximity of Bluff Harbour is advantageous for the export of products.

Jan 1, 1971

The mine planning and operational aspects of applying Continuous Surface Miner (CSM) technology to Australian coal strip and open cut mines is investigated for both existing and planned deposits. CSM produc- tivity as a function of geomechanical properties, formation thickness, mechanical availability and in-pit physical constraints, are considered. Productivity and operational costs are derived from current production machines and from first principles.

Jan 1, 1989

By Brown GA

Results are presented which demonstrate the feasibility of employing electrolytic membrane technology to process leach liquors derived from alkaline pressure leaching of scheelite concentrates and to recover and recyle sodium carbonate. Thus the problem of disposal of sodium sulphate is avoided. In a further application of the technique sodium tungstate is converted to tungstic acid which can be further processed by three possible routes to crystalline or amorphous tungstic acid or tungsten powder. In each route sodium hydroxide is produced which on carbonation can be recycled as soda ash to the pressure leach stage. Further testwork is required to determine long term operational conditions in the membrane cell and to confirm the effect and deportment of impurities on products. The process has been patented.

Jan 1, 1986

Drilling and blasting operations have historically been viewed as a necessary 'evil' part of mining, whose costs should be minimised by whatever means possible. In the past, when operations depended primarily on crushing and milling for ore re

Jan 1, 1998

By Miyatani J. Asaki Z, Kondo Y

The oxidation of sphalerite particles of 60 to 100 mesh size was studied in a fluidized bed of low 02 concentration at 900¦C. Par- tial pressure of 02 in the fluidizing 02-N2 gas mixture was chosen between 0.0009 and 0.02 atm. In the region of p02 between 0.008 and 0.02 atm, the oxidation rate was lowered with the decrease of p02, and the unreacted-core model was applied. At lower pbelow 0.008 atm, the reaction rate was enhanced as compared with the calcu- lated values from the unreacted-core model. From microscopic examination, it was found that ZnS was evaporated at the particle surface and the dissociated Zn vapor was oxidized in the gas phase. Initial reaction rate and the distance between the surface of inner sphaler- ite core and the oxide shell were studied based on the model of enhanced oxidation.

Jan 1, 1980

By Mostyn G

In the last three decades various theories have been presented to allow the estimation of the force required to cut rock. These have generally relied on an hypothesised mechanism of chip formation.The paper presents results of an experimental program completed on an unjointed artificial rock in which the force and chip geometry were measured during deep cutting with a quarter scale bulldozer tyne. The program included various depths of cut and artificial rock of varying strength. The experimental results are compared with predictions based on three expressions for cutting force. Generally the measured forces are within the range of those predicted but none of the methods predicts the cutting force with any accuracy. It is considered that the discrepancies are due, in part, to the fact the that actual shape of the chip formed in deep cutting is quite different to that assumed in developing the theories and thus the theories cannot be expected to predict the cutting forces. It is concluded that Evans and Nishimatsu's theories predict lower bound estimates of the horizontal cutting forces. Deliac and Fairhurst's approach appears to over estimate the forces required to cut rock. New methods of prediction are required based on the observed mechanisms of failure.

Jan 1, 1993