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Resource rent tax is a form of taxation or royalty, which only become effective at such a time as a pre-determined rate of return has been achieved by an operation. The offshore petroleum industry in Australia is already subject to RRT as is the Roxby Downs (Olympic Dam) Mine in South Australia. Both the mining and petroleum taxation regimes in Papua New Guinea include a resource rent tax component called Additional Profits Tax (APT). The implications of the current form of Additional Profits Tax for shareholder cash returns are that the tax burden on the operation may suddenly increase at some stage in the life of the mine, if and when the threshold level of profitability for the tax to be triggered is exceeded. From that point in time onwards the cash return to the shareholders on the capital invested is greatly diminished. For mining companies in Papua New Guinea, the effective tax rate increases from 35% to 57.75% as a result of the onset of Additional Profits Tax. This tax rate penalty is so severe that there appears to be merit in considering the concept of managing profitability through time rather than purely maximising annual pre-tax profits as is currently the case in most mining operations. This would have the benefit of deferring or perhaps preventing altogether the onset of the tax. One possible method for the effective management of profitability is through the control of average mining grade by cutoff grade manipulation. Traditional cutoff grade theory has usually considered taxation as a direct cost at a fixed or variable percentage of annual profits. As a result of this most analyses are conducted on a pre-tax basis. If tax is included in analyses it is usually present as a time independent function of gross profit. Additional Profits Tax is both time and rate of return dependent and therefore not adequately accommodated by currently accepted cutoff grade theory. A review has been made of the effects of resource rent taxes on both the investment decision-making process as well as possible development and mining strategies which may be employed by mining companies faced with Additional Profits Tax. The review includes examples based on the structure of Additional Profits Tax which is levied in Papua New Guinea.

Jan 1, 1997

By Peng SS

This paper presents a number of mathematical models for predicting the different phases of the complete surface subsidence process associated with underground longwall mining. A computer program developed based on the mathematical models is briefly introduced.

Jan 1, 1992

The three papers reviewed here consider different problems of mine management. Comparison of two of the papers demonstrates a marked contrast between the old and the new, in terms of mine management and impacts. The third paper discusses post-mining rehabilitation. The paper "The impact of a derelict base metal mine on the aquatic environment", by Brooks and Mclveen contrasts strongly with the paper "Narbarlek Uranium Mine design, construction, operation monitoring and decommissioning of the water management system" by McLoughlin, Grounds and Weatherhead. Brooks and Mclveen detail the contamination emanating today from the Conrad Mine in New South Wales which was mainly operated for 15 years at the turn of the century and later for 7 years in the 1950's. The mine was apparently developed over the years on an intermittent, ad hoc basis with no regard to contamination management, resulting Ti significant contamination persisting through time. This type of mining development is the antithesis to the type of planned mining and management operation which was carried out in Arnhem Land at Narbalek, and which apparently resulted in no uncontrolled contaminant release and successful decommissioning of the mine.

Jan 1, 1988

A major factor in the economic development of New South Wales has been the ready availability of coal for the major industrial and urban centres of Sydney, Newcastle and Wollongong. Historically, the presence of high quality coal near these areas has acted as a catalyst to urban and industrial growth. This easy access to low cost coal resources over the past 200 years has given rise to a commonly held belief that New South Wales contains vast coal resources sufficient to meet any foreseeable demand. However, a recent study undertaken by the Coal Resources Development Committee has found that New South Wales is likely to face a serious shortage of economically mineable coal in the future. Forecasts predict that demand for New South Wales coal will increase by about 40 per cent, and then remain at about that level for at least a further ten years. To meet such demands, the coal industry will require access to economic high quality coal resources.

Jan 1, 1995

By H R. Watling, W van Bronswijk

Of the various copper sulfides in the EarthÆs crust, chalcopyrite is by far the most common. This mineral is also the most difficult to leach, with hydrometallurgical extraction processes characterised by prohibitively slow kinetics. While a number of processes, including leaching at atmospheric pressure and temperature, pressure leaching at higher temperature, and bioleaching of concentrates in stirred tanks and whole ores in heaps have been demonstrated to some extent, there is currently no full-scale unit process for the hydrometallurgical extraction of copper from chalcopyrite ores. Titan Resources NL operated a test bacterial heap leach at Radio Hill, Western Australia in 2001, to extract nickel and copper from a mixed sulfide ore that contained significant amounts of chalcopyrite, pentlandite and pyrrhotite. A proprietary mixed bacterial culture was used to inoculate the heap, and the nickel and copper were precipitated from the resultant solution as mixed hydroxides. Although 65 per cent of the copper from the Radio Hill heap was eventually recovered, the rate of extraction followed an unexpected trend, as the initial rates of copper recovery were much slower than column tests had suggested. It was postulated that this was due to dissolved copper precipitating as covellite or chalcocite in the most poorly aerated zones within the heap, ie furthest from the aeration pipes at the base. It was further hypothesised that the lack of oxidants (oxygen, ferric iron) and the likely inactivity of bacteria in these areas limited the re-dissolution of such secondary copper precipitates. In this study the above hypothesis was tested in column experiments using the same mixed sulfide ore and a synthetic leach solution. One set of columns was aerated and another set was operated without aeration. Results showed that precipitation of copper occurred regardless of whether the column was aerated or not. The results suggested that pH of the leach solution played a significant part in the precipitation of the copper. Further column tests revealed this to be the case. These results are described here in detail.

Jan 1, 2004

By J C. Macintosh

Capcoal Mine has modified its water use practices over the past 15 years. Two issues have changed the way water was managed:an economic review of water supply options for a planned expansion of the coal handling and preparation plant (CHPP) in the early 1990s, and increasing neighbour concerns about discharge of worked water from the mine into the local streams. These issues resulted in commitment by the site General Manager to cease discharge of worked water from site and to convert from using raw water to worked water in the CHPP. Operational needs, societal demands and continuing dry weather are again demanding change to the siteÆs water management strategy. This paper outlines the drivers for past and future operational change.

Jan 1, 2006

New Zealand's Land and Income Tax Act 1954 contains unique incentives for companies engaged in mining certain specified minerals or petroleum. Sections 152 and 153 provide for the taxable income of such companies to be based not on profits made but on dividends paid to shareholders. A significant saving in tax results, particularly where profits are not distributed: but the Act attempts to ensure that undistributed profits are used for further mineral exploration and development. To encourage investment in the mining industry, persons taking up shares in a company mining for the specified minerals or petroleum are entitled to a one-third deduction in respect of monies paid on the shares and used by the company for its purposes; and company shareholders may make loans to the company and write-off such loans for tax purposes to an amount of up to half their taxable income. Maximum utilisation of the tax incentives calls for careful consideration as to whether a mining or petroleum company should be financed by way of loan capital or share capital.

Jan 1, 1971

By J R. Kyle

The Deep Mill Level Zone (DMLZ) skarn Cu-Au deposit is the deepest explored part of the Ertsberg East Skarn System extending from the surface at 4200 m elevation to the DMLZ at 2900 to 2600 m. The DMLZ is hosted in an upper Cretaceous to lower Tertiary siliciclastic and carbonate succession adjacent to the 3 Ma Ertsberg pluton. Much of the DMLZ ore is hosted by mixed assemblages of siliciclastic and dolomitised carbonate strata that have been altered to Mg-rich skarn assemblages. Unaltered equivalent strata from a 300 m cored interval in the Yellow Valley Syncline were characterised petrographically and representative samples were analysed for major element compositions. These stratigraphic and chemical units are interpreted to be responsible for the varying skarn lithologies within the DMLZ. The dominant prograde skarn assemblages are controlled by protolith composition, notably the relative abundance of quartz, dolomite, and calcite within the protolith. Models based on isochemical metamorphism of mixed assemblages of quartz and dolomite suggest that the formation of the forsterite-diopside dominant skarn assemblages resulted in the greatest amount of pore space increase. DMLZ Cu-Au concentrations were locally controlled by host lithology, with structural features providing fluid pathways that focused the mineralising fluids. An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation.

Jan 1, 2008

The majority of coke in Australia is made in by-product slot ovens at steelworks in Port Kembla, Newcastle and Whyalla. Most of the coals for these plants come from New South Wales but a regular proportion of Queensland coals may be introduced. The plants and the coals are reviewed in the paper.

Jan 1, 1975

The history of black coal as a fuel dates back in Europe more than 2,300 years, and possibly longer in China. Originally the mining of coal was done by underprivileged people, but with the industrial revolution and the dawn of mechanisation, the status of the coal miner improved. The improvement continued to the present day. Coal miners now take an important role in industrialised countries and enjoy a high standard of living. The miner is amongst the highest paid and best technologically served in any industrial activity. The abundance of coal relative to alternative fuels and its widespread occurrence, brings with it a prosperity much valued in those countries with significant resources such as Australia. Coal will play a major role in easing the world energy shortage. In addition to the conventional usage, throughout the world coal gasification plants are in various stages of development. Coal liquefaction plants are beyond the drawing board stage. Slurry pipelines to supply coal for direct burning in electric generating and other plants are planned. In the current atmosphere of environment consciousness, Australia has to contend with people with only marginal interest trying to influence coal mining activities to the detriment of the overall prosperity of Australia. Fortunately enlightened legislation is the greatest protector of the environment and in many instances great improvement to the environment ensues after mining has passed. With its vast resources of black coal Australia can look forward to a significant role in future supply of fuel. As a result of the trade and industry involved, Australia can become an even more influential country in world politics, trade, and the setting of high living standards.

Jan 1, 1975

A mining joint venture presents a real management challenge to achieve harmony with the other participants in the successful development and operation of a mine. This can best be facilitated by a detailed agreement and guided by a set of joint venture principles which recognise the differences of the interests of the parties and seek to establish sound business and personal principles by which differences not anticipated in the agreement might be resolved. The major and minor co-venturers can and do present potential difficulties to one another. This paper, one of the pair in the joint venture panel discussion session, predominately presents the minor's viewpoint. Usually commercial matters such as project finance, areas of interest, divestment, pre-emptive rights and decision-making can be adequately covered in the agreement. However, when the parties disagree and have difficulty in resolving their differences, the joint venture principles should be used to advantage to resolve relationship difficulties.

Jan 1, 1997

Mary Kathleen Uranium Ltd. recommenced operations in early 1976 following a twelve year period of care and maintenance. Several sections of the plant were modified or completely changed for the second operation. The most important change was the replacement of ion exchange with solvent extraction as the means of purifying and upgrading uranium rich Isolutions Most of the problems experienced in the solvent extraction system originate from the leach liquor which has a strong tendency to form stable emulsions. This has been countered by some careful control of leaching conditions and by closer observation of operations in the solvent extraction area. Most problems have now been resolved and plant recoveries are quite Satisfactory.

Jan 1, 1978

By Sneyd R. J, Walton M. C

In early 1987 Minproc acquired a license from the inventor to engineer and construct acid plants incorporating the Fattinger technology. The process offers a simple and reliable method of producing sulphuric acid from metallurgical off gases at significantly lower capital and operating costs than the more familiar contact process. The process also offers the simultaneous production of nitric acid, if the NOx content of the off gases is high enough. A development of this latter process has other applications within the minerals industry, particularly in conjunction with refractory gold ore preoxidation.

Jan 1, 1989

The Closure Risk model was developed as a new tool to aid decision makers in the complex area of mine closure. It uses a simple analytical technique that allows the decision maker to simplify what is often a complex mine closure process into more easily managed sub components. This systematic approach ensures that critical factors in the closure process are not overlooked. It also allows the most important issues to be highlighted. The model can also be used to produce quantitative estimates of risk by weighting and prioritising the issues to produce the Closure Risk Factor (CRF). Field trials at several mine sites in the Northern Territory of Australia in 2001 tested the model. The trials confirmed that the model has significant potential as a tool for decision-makers to assess in a structured, systematic manner, the major closure risks at individual mine sites. The risks include not only environmental impacts but safety and health, community, legal, financial, technical and other issues. The trials confirmed the value of a team-based approach and the inputs of key staff including environmental, production, mine planning, and community liaison personnel as well as mine management. Although the usefulness of the qualitative component of the model was established, it was found that, due to the influence of subjectivity, the utility of the prototype model to determine quantitative risk was of limited value. Using a continuous improvement approach, improvements to the model were sought. A refined model, incorporating the Australian Standard 4360 definition of risk and facilitated in-house risk assessment sessions was developed and tested against the data obtained in the field trial. This model, while maintaining the qualitative strengths of the original, allows more accurate absolute and relative quantitative scores to be calculated. This in turn facilitates comparisons between the issues at a single site as well as between different mines.

Jan 1, 2003

By Hendrix JL, Nelson JH

Three ores (sulfidic, oxidized and carbonaceous) were analyzed to determine the effects of leaching time, ore depth, and ore mineralogy on cyanide species concentration. NaCN solutions were percolated through opaque columns filled with milled ore. Column design made liquid sample collection possible from various depths at specific times. The concentrations of weak acid dissociable(WAD) and total cyanide, Fe(CN)63 , Fe(CN)64 , SCN , and Cu(CN)43 were determined for each sample. Extended percolation time led to increases in WAD cyanide concentra- tions and decreased SCN and Cu(CN)43 concentrations regardless of ore depth. WAD cyanide concentration decreased while Fe(CN)64 concentra- tion increased with ore depth. Highest concentrations of Fe(CN)64- SCN and Cu(CN)43 were found in the sulfidic ore, with expected low WAD cyanide concentrations. Lowest concentrations of Fe(CN)64 , SCN 3 and Cu(CN)4 were found in the oxidized ore. Intermediate concentra

Jan 1, 1988

From a personal view that encompasses both research and assessment of major projects the author outlines the two competitive pressures that will force more rather than less metallurgy viz the increasing difficulty in purchasing the latest overseas developments and environmental concerns. This paper then goes on to argue that Australian metallurgy or more precisely process engineering may be in a unique position to deliver the required results.

Jan 1, 1993

By Bensley C. N

In June 1995, BHP announced that it would build a Hot Briquetted Iron (HBI) plant and associated beneficiation, materials handling and infrastructure facilities at Port Hedland, Western Australia. This plant, the first direct reduction plant in Australia, will convert beneficiated iron ore fines into metallic iron for briquetting into HBI. The reduction plant will be based on the FINMET fluid bed technology jointly developed by Fior de Venezuela and Voest-Alpine Industrienlagenbau. Electric Arc Furnace steelmakers in the Asia Pacific region will be the principal customers for the product. This paper presents an overview of the facilities to be constructed by the project as well as discussing some particular technology and design engineering issues associated with the project.

Jan 1, 1996

By Iley J. D

The production of zinc from low grade concentrates, particularly those high in iron, has a poor economic return due to a combination of higher concentrate transport costs, increased processing costs and an increased cost for disposal of iron residues. The production of iron-bearing residues from the electrolytic zinc process is also seen as undesirable for both cost and environmental reasons. This paper details the pilot plant testwork conducted at the Pasminco Research Centre in conjunction with Minproc for the production of zinc oxide fume from a high-iron zinc sulphide concentrate from Colquiri in Bolivia. The concentrate is derived from a tailings retreatment operation and has a high iron content (40 - 45 per cent Zn, 14 - 17 per cent Fe) due to the presence of marmatite. Pilot plant trials were conducted using the slag bath reactor at Pasminco Research Centre at rates up to 500 kg/h of pelletised zinc concentrate, using a natural gas/oxygen-enriched air lance. The fume produced averaged 76 per cent Zn at recoveries up to 96 per cent and was recovered in a baghouse after gas cooling. The iron was oxidised into a fayalitic slag that passed the TCLP test (toxicity characteristic leaching procedure) and the sulphur was oxidised to produce a high SO2 gas which would be suitable for sulphuric acid production. The process produces a zinc oxide fume that can replace calcine as a feed for electrolytic zinc plants. The iron reports to a stable slag for disposal, thus eliminating the need for its disposal as jarosite from the leach plant. Only a simple leaching operation on the fume is required as there is no zinc ferrite present.

Jan 1, 1993

With the evolution rate of technologies, earthmoving equipment users are establishing vision statements for their operation out to and in some cases beyond 2000. Autonomous systems are receiving a lot of 'press' - and rightly so, as they hold a potential for achieving quantum leaps in productivity and cost gains. Caterpillar feels that it is important that the infrastructure of on-board systems are understood and can be utilised more in the near term to `grow' a user up to the stage of autonomous operation.

Jan 1, 1997

By S Vink, V Nanjappa, C J. Moran

Poor quality water resulting from interaction of surface run-off with saline mine spoil and soils can cause significant problems for water reuse on mine sites. Not only can this saline water lead to machine corrosion and increased maintenance costs, but may cause detrimental effects on the environment. Determining the geochemistry of mine spoil, and the likelihood of salt dissolution during rainfall events, may aid in more effective mine site management of water. Spoil samples were taken from three areas of the German Creek mine site, situated in the Bowen Basin coalfield, Queensland. Samples from two undisturbed areas on the lease were also collected for comparison. Analyses were performed using a variety of laboratory techniques: leaching tests, effective cation exchange capacity determination, X-ray diffraction, clay quantification, and total organic content determination. Results show that dissolution of surface (top 2 cm) salt minerals from spoil areas is an important contributor to surface run-off salinity during rainfall events. Equally, ion exchange with clay minerals appears to be a significant source of elevated ion concentrations in run-off waters. Findings from the undisturbed areas show undetectable quantities of salt mineral species, resulting in waters with low ion concentrations. More generally, monovalent cations (sodium, and to a lesser extent potassium) appear to be derived from dissolution of salt precipitated whereas divalent cations (calcium, magnesium) are more likely to be sourced from exchange reactions with clay minerals. Incorporating knowledge about the mechanism of cation mobilisation from spoil with the spatial distribution of spoil properties and understanding of the dynamics of water quality variations on the site will aid in development of integrated water quantity and quality management strategies.

Jan 1, 2009