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The purpose of this paper is to outline the current status of financing in the Australian Gold Mining industry and to discuss a number of developments that have occurred during 1983/84.Recognising the importance of equity financing various equity issues, including project valuation, will be discussed against the backdrop of an industry experiencing both rapid growth and a changing structure.Nothwithstanding the current tax exempt status of the industry there is a trend towards more debt financing. A number of financing issues will be covered and it will be shown howvalue can be created through astute financing planning.

Jan 1, 1984

The paper reviews winder rope inspection procedures at the Non Destructive Testing (NDT) Unit of Western Australian School of Mines (WASM) and outlines measures taken to adopt the world's best practice. The measures include acquisition of a new type of rope tester, adoption of comprehensive rope rejection criteria, adoption of a standard rope inspection procedure and formal training of the wire rope inspectors.

Jan 1, 1995

This paper reviews the commissioning and operation of the process plant at Tolukuma over the past 18 months. The plant treats a high-grade gold and silver ore through a SAG mill followed by a conventional carbon-in- leach (CIL) circuit. Gold is

Jan 1, 1997

By K Lee, K Fernando, S Rayner

Copper-gold ores have been technically difficult and uneconomical to process due to high consumptions of cyanide. Many copper oxide and sulphide minerals react with cyanide to form copper cyanide complexes, partly contributing to the high level of weak-acid dissociable cyanide in the tailings which is normally experienced during the processing of copper-gold ores. The cost for detoxification, if required for treating these tailings, would further inhibit the development of these copper-gold resources unless the cyanide used for leaching was recovered. Several technologies have been proposed to process copper-gold ores, aiming to recover copper as a co-product and cyanide for recycling in conjunction with the leaching process. A critical review of these processes reveals that a pre-concentration stage (solvent extraction or resin ion exchange) is required. Cyanide is recovered by the conventional Acidification-Volatilisation-Regeneration technique in most cases. A critical evaluation is also provided on technical aspects related to the use of Vitrokele Technology and a newly developed Elutech process in processing copper-gold ores, in particular with its application at May Day Mine.

Jan 1, 2000

In presenting size analysis data, one has the choice of various graphical techniques; each no doubt has been developed to highlight a particular aspect of the data. A frequency size distribution plot is used quite extensively to illustrate the importance of the finer size particles in iron ore granulation. However, the basis for such a plot is often not appreciated. As a result, cases of incorrect use can be cited. The aim of this paper is to extend the work of Alien (1981) and to provide, using examples and figures, a basic understanding of the implications of the various size distributions. A simplified method of presenting sizing data on a linear scale graph paper is presented and recommended. This involves a simple construction of a histogram of mass fraction versus particle size (in geometric progression).

Jan 1, 1992

By A Califice, E Pirard, M Benzaazoua, R Mermillod-Blondin

Image analysis is more and more considered as a powerful tool for quantitative analysis of ores and concentrates. Apart from being very much dependent upon the quality of the imaging principle and the adequacy of the imaging sensor, quantitative image analysis is also the result of a long chain of material, image and pixel sampling strategies. The most reliable way to demonstrate the accuracy and the precision of modal analysis obtained from images is probably to use a blended material with known proportions of pure minerals and confront the results obtained from different analytical tools. This operation has been performed on a series of mineral blends mimicking the tailings of a flotation operation in a plant operating on massive sulfide mineralisation. The intention was to be able to better predict acid mine drainage potential from direct mineralogical observations. Selected sulfide minerals: pyrite (Py), pyrrhotite (Po), chalcopyrite (Cp) and sphalerite (Sp) were mixed as variable amounts within gangue minerals (quartz, calcite, dolomite and siderite). Typical blends contained six to ten per cent (Py); one to three per cent (Po); 0.5 to one per cent (Cp, Sp); 15 to 40 per cent carbonates and 40 to 75 per cent quartz by mass. The 1000 gram blends were carefully sampled and prepared for X-ray diffraction, chemical analysis by ICP-AES and optical microscopy image analysis (OMIA). Results obtained for the different analytical techniques are compared and discussed revealing the limits and strength of each method in the accurate quantification of sulfide and gangue minerals.

Jan 1, 2008

There are countless petroleum and mineral fiscal systems throughout the world. This is because many petroleum and mineral producing countries have developed their own methods of calculating government take through fiscal evolution or individual negotiation. Those countries fortunate enough to have petroleum and mineral reserves within their national boundaries are naturally reluctant to yield this resource without a reasonable return for their population. As resource companies are perceived to be enormous conglomerates with endless amounts of cash and resources, governments and the general public demand reasonable division of production while these finite resources last. On the other hand, because companies engaged in the exploration for, and production of, minerals, oil and gas have to be large or lucky (preferably both) to sustain the great physical and commercial risks involved, the income and profit figures look so large that the general public sees them as an acceptable target for taxation. Taxation of the resource industry has been one of the industry's greatest cash flow problems through the years. Allen and Seba (1993) attribute this to the fact that the most equitable tax systems are those that affect the widest possible total of the population.

Jan 1, 1996

By Floyd JM

Pilot plant trials showed the effective ness of the submerged lance SIROSMELT technology for altering the composition of iron blast furnace slags as a preliminary step to produc- tion of formed materials. Mixtures of oil and air were injected into a bath of liquid slag to provide the heat required for melting the additives and to provide very turbulent conditions which resulted in complete dissol- ution of added fluorspar within one minute and almost complete dissolution of silica in two minutes. Sulphur lost during injection was readily made up by addition of pyrite or pyrrhotite. A stable foam could be readily made and broken down and the foamed slag appeared suitable for extrusion or forming into shapes.

Jan 1, 1979

By Tagawa H

In Japan, geological condition do not only vary in a wide range of strata but are also extremely complex with the existence of faults and aquifers. With respect to rocks, in particular, it is very rare that homogeneous rocks are distributed uniformly. In general, geological conditions are distributed in a wide variety, ranging from earth, sand, soft and medium rocks to hard rocks. Under these geological conditions, when planning of the tunnel construction is to be made out, either blasting method or tunnel boring machines must be selected taking into consideration the geological structures along with the designed tunnel route,' possibility of encountering aquifers, hardness of rocks anticipated and also, the adjacent environ- mental conditions. In the process of select- ing an excavation method,, it is important to make a comparative investigation between the above two methods considering the advantages and disadvantages with regard to the respective operating efficiency, economical efficiency and the conditions and scope of application as well. Furthermore, in addition to these considerations, the recent environmental restriction, which does not allow the blasting in the surroundings of residential areas, must also be taken into account. Because of this, in some cases there is no alternative but to use a static excavation method or a tunneling machine even when these are less efficient than blasting.

Jan 1, 1987

By Carras S, Kelsey P, Caccetta L

An important problem in open pit mine planning is that of detennining the optimum ultimate pit limits of the mine. These limits are that contour which is the result of extracting the volume of material which provides the total maximum profit while satisfying certain practical operational requirements such as safe wall slopes. The determination of the optimum pit contour provides information that is essential in the evaluation of the economic potential of the mineral deposit. A number of optimisation techniques are available for determining this contour with the Lerchs-Grossman and the Network Flow methods being the most favoured. Unfortunately, direct application of these techniques to large ore-bodies may cause considerable difficulties because of the computational time and storage requirements. In this paper, we present a strategy for resolving these problems, and the associated pit design software PITOPTIM (incorporating a fast network flow technique) and a data reducer, BOUND. The results presented highlight the speed and power of the software package rivalling the popular Lerchs-Grossman technique. An application of the software for a sensitivity analysis is also presented and discussed.

Jan 1, 1991

This paper discusses why Argyle Diamonds adopted thickened tailings disposal in 1985 and how the system was developed over the next seven years. A wide ranging review of the thickened tailings disposal system and the tailings deposit it was producing was carried out during 1992 and 1993. The results of that review led to the abandonment of thickened tailings disposal at Argyle because of serious concerns about the stability of the resultant tailings deposit. The exposure to the risk of liquefaction and an assessment of the consequences if this happened to the thickened tailings deposit are shown. The criteria for selecting the new tailings disposal strategy are then described. The final section of the paper discusses the management strategies that have been put in place. These are designed to: ò reduce the risk posed by the thickened tailings deposit to an acceptable level; ò safely store tailings to the end of mine life; ò produce a land form that can be decommissioned to the satisfaction of Government regulatory bodies.

Jan 1, 1996

By S Dirdjosuwondo, R Plaisance, L Thoma

PT Freeport Indonesia, a subsidiary of New Orleans-based Freeport McMoran Copper and Gold of New Orleans, operates a large mining complex on the Western half of the Island of New Guinea in Tembagapura, Irian Jaya, Indonesia. The IOZ (Intermediate Ore Zone) mine, one of the underground orebodies, is mined by block caving. The area affected by the cave collects a large quantity of rain and ground waters mixing with fine rock particles. The mixture, commonly called æwet muckÆ, sometimes spills into drawpoints and makes the working environment hazardous to the loader operators. Wet muck is observed in an increasing number of drawpoints in the IOZ mine and remote LHD (Load-Haul-Dump) technology has been implemented to handle the ore. The driving force for this automation project has been the safety of the loader operators. The system has been developed mainly in-house and incorporates state-of-the-art features. Up to eight remote loaders and nine rock breakers are controlled from an underground control room located approximately 400 metres from the active extraction panels. The two underground crushers and nine conveyor feeders are also operated remotely from an adjacent control room. The development of FreeportÆs remote system has taken time and considerable effort. Not only the success of the IOZ mine was at stake but also the fulfillment of environmental commitments pertaining to the mill tailings. Approximately eight per cent of the mill feed must come from underground skarn deposits to neutralise the acid-generating tailings generated by the huge Grasberg open pit ores.

Jan 1, 2000

By Simpson JF, Murrie SJ

In determining new areas for slag disposal a foamed slag aggregate has been developed for use as a skid resistant material. The foaming of the slag does not rely on the use of water, but rather on the slag chemistry. Laboratory test results indicated that a product having good skid resistant properties has been prod- uced. A section of road is being assessed for performance of the aggregate in a surface dressing application under heavy load. The results from the test section after seven months have shown that the foamed slag is suitable for this application. Further test sections are now being considered.

Jan 1, 1979

This paper has been developed for æThe Race for SpaceÆ conference. It ranges over various aspects, all of which are within the umbrella of marketing. The question is posed because many engineers, tunnelling and other specialisations, frequently demonstrate an unwillingness to embrace marketing. The accurate reply is probably à ænot an engineer!Æ The paper identifies some of the possible explanations for this reply. The vast majority of the themes, ideas and principles are based on more than 25 years actual experience for the author with Engineers, Tunnelling and other disciplines. This experience has been gained with leading consulting engineering practices; some of the worldÆs largest construction contractors together with other organisations employing engineers in the public, private and tertiary sectors in the UK; US; Europe; the Middle East and throughout Australia and New Zealand. Experience has been gained in design offices; head offices and construction job sites in four contrasting continents. The most significant themes developed throughout this paper are as follows:æLetÆs go and do some ærealÆ work and leave the marketing to others!ÆæMarketing is just a æsoftÆ option and neither technically based nor true management!ÆNIMBY-ism (Not In My Back Yard) so leave well alone!Engineers regularly confuse services marketing -v- product marketing à a useful cop out, or a genuine cry for help?Marketing databasesæLetÆs get rid of the term æsellingÆ and replace it with the more acceptable à and less distracting for tunnelling engineers à 'marketingÆDistinction between benefits and features à in The Race for SpaceSales Comprehension Test, Benchmarking TestJack WelshÆs æmost difficult decision for a CEOÆHarvard Business ReviewÆs (HBRÆs) formula for performanceMany engineers are losing the balance in their lives Sustainable development and engineering æQuality work doesnÆt mean quality serviceÆMajor recommendationsRecommended references

Jan 1, 1999

By Fuller P. G, Dugan K. J

Artificial support can be used to improve wall stability in open pit mines. This is examined for a particular case where the factor of safety for a slope is kept constant by using artificial support as the slope angle is increased. It is demonstrated that the savings in excavation generally exceed the cost of support. However, in order to correctly judge the eco- nomic impact of artificial support on the project, all the elements relat- ing to the use of artificial support must be taken in account.

Jan 1, 1989

By Neville Rockhouse

This paper examines the interrelationship of conducting full risk assessments in the context of the coal mining industry and under the framework of the Health's Safety in Employment Act 1992. In the context of Occupational Health's Safety, Risk Management is a holistic management process that can be used by individuals working in all organisations and from all industries. The Australian New Zealand Standard 4360: 2004 defines a Risk as being; The chance of something happening that will have an impact on objectives. This definition is followed by several notes that include: a risk is often specified in terms of an event or circumstance and the consequences that may flow from it, risk is measured in terms of a combination of the consequences of an event and their likelihood, and risk may have a positive or negative impact. For the purposes of this paper, the above definition will be adopted. This paper examines the newly expanded approach of the fully documented risk management process in the New Zealand coal mining industry. This is done in the context of the coal mining regulations but more importantly by using the framework of the Health & Safety in Employment Act 1992. This legislation under Section 6 requires all employers to, Take all Practicable Steps to prevent harm coming to employees while at work and to others who might be at or in the vicinity of a workplace. When the term 'all practicable steps' is studied, one can clearly see that such steps should be the same steps taken that a prudent and reasonable person would have taken given the same type of circumstance. Due to the fact that in New Zealand parliament made statutes is administered by a Government Department, means that their breaches will be heard before a judge in the District Court. Under the Westminster System of Justice, a basic dictum of that court in matters relating the occupational health and safety is that a breach needs to be satisfied to a specific standard. That standard is, 'Beyond a reasonable Doubt'. One of the primary benefits of adopting a proactive approach to risk management is that if the industry were to adopt similar approaches, then this mythology could be seen as an industry standard. As such, the approach carries the same status in a court of law, as that of an Approved Code of Practice.

Jan 1, 2007

By Nixon C. A

The exploration of Mount Isa Mines' new copper source will require the development of a five kilometre 4.7 x 5.5 metre blind decline commencing 1000m below the surface and extending to 1600m below the surface. With virgin rock temperatures approaching 60¦C, the ventilation strategy represents a complete departure from any previously used at this mine, in that refrigeration becomes essential. The use of direct water to air cooling techniques has become commonplace in mines throughout the world and their application is being adopted at Mount Isa Mines. A heat load simulation routine has been implemented to allow for the design of refrigeration requirements, as well as to aid in the selection of diesel or electric equipment. This enabled planners to determine the size of a surface based refrigeration plant. Future refrigeration demand for expansion into the ore production stage has also been investigated.

Jan 1, 1988

By B P. Banerjee. S Raval, P M. Ranasinghe

Simultaneous Localisation and Mapping (SLAM) is an important technology that enables autonomous robots to navigate independently and create detailed, real-time maps of their surroundings. This capability is crucial in underground mining settings, where it enhances operational efficiency and significantly strengthens safety in these subterranean environments. SLAM algorithms typically rely on identifying and using distinct geometric features, such as plane and edge features, to understand the spatial layout of the environment and to track how it evolves as the sensor moves through it. In underground roadways, the scarcity of noticeable edge features, coupled with the repetitive nature of walls and corridors, poses a significant challenge, making it difficult for these systems to distinguish one area from another. Furthermore, the absence of global navigation satellite system (GNSS) signals in underground adds more challenges, leading to the accumulation of errors in both the mapping and localisation.

Sep 1, 2024

Revegetation at Perseverance Mining's Nagambie Gold Project is an excellent example of cost effective revegetation in the Central Victorian Goldfields. Work has centred on waste rock dumps, vegetative screens, amenity planting and revegetation trials on cyanide heap leach pads. A wetland is under construction and in consultation with farmers, waste heaps were planted with perennial pasture species.The area treated to date is 18 hectares comprising: 16 hectares of pasture and two hectares of trees/understory. Direct seeding and tubestock planting has cost $16,464. Cost effective revegetation demands careful planning from the EES stage onwards. The Government agreed rehabilitation plan should be comprehensive, realistic and above all flexible. This document must be kept in mind during the mining operation.

Jan 1, 1992

By Butters S. E, Deslandes J. V

The selection of loading and haulage equipment in a proposed or oper- ating mine is vital in ensuring the cost effective achievement of produc- tion targets. To assist in the evaluation of different haulage systems, a truck haulage simulation model has been developed at BHP Melbourne Research Laboratories. The operation of the model is described and exam- ples of an actual application at Mt. Whaleback Mine is presented.

Jan 1, 1989