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By D Hunter, N Cusworth, J Miller

"Recent project failures have called into question the use and relevance of benchmarking and independent reviews, forcing a rethink of traditional processes and procedures.With cost estimates and schedules dramatically varying from lows seen around the global financial crisis to peaks experienced in the recent mining boom, benchmarking has ranged between essential and misleading.Profound shifts are now underway in future project delivery strategies as the market moves away from cost-plus engineering, procurement and construction management. The current trends in project implementation are to utilise more lump-sum design and construct or fixed-price supply and construct contracts. This trend will remove transparency in detailed cost information by reducing the sources and clarity of cost data.Independent peer reviews (IPRs) of studies and investment recommendations performed over the last decade have both failed to prevent flawed or deficient projects from proceeding to approval and funding, and been successful in ensuring that owners did not proceed with doomed investments.In recent times, it has been recognised by some owners, contractors and engineers that traditional benchmarking checks or IPRs, or a combination of both, will not necessarily produce reliable assessments of study conclusions and of the forecasts of project outcomes. To be of value, the benchmarking process now also needs to recognise the highly volatile responses from the engineering and construction industry to the current and future markets for their services.Similarly, reviewers who draw upon benchmarks of past project experiences on an understanding of the things that shaped and influenced their outcomes need to be more aware of how a future dynamic market may impact the outcome of the projects and raise warning flags accordingly.With the commodity cycle currently approaching what is hoped is its bottom, ensuring that benchmarking and independent reviews evolve into reliable, transparent and worthwhile processes becomes even more important. This can only be achieved with more transparent and analytical benchmarking and business-orientated reviews that both recognise and calculate the impacts of dynamic markets on project implementation.CITATION:Cusworth, N, Hunter, D and Miller, J, 2016. The role of benchmarking and independent reviews, in Proceedings Project Evaluation 2016, pp 249–259 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 8, 2016

By N Maistry, C Carelse, A Singh

Banded Iron Formations or more commonly known as BIF are sedimentary rock formations with alternating silica-rich layers and iron-rich layers that are mainly composed of iron oxides (hematite and magnetite), iron-rich carbonates, and/or iron-rich silicates. Considering the depletion of highgrade iron ore reserves in South Africa, there is a need to maximise resource utilisation through the exploitation of low-grade/uneconomic resources particularly BIF material, which makes up more than 65 per cent of current reserves. Previous test work conducted by alternative BIF sources globally indicates the need for fines processing in order to produce a concentrate. South African BIF however is amenable to coarse and fines processing producing an on-grade product or blended feedstock. C-Type material within South Africa’s Northern Cape Province grading at approximately 33 per cent Fe was supplied for research purposes. Top size optimisation via gravity Heavy Liquid Separation (HLS) tests was conducted. The laboratory results being perfect separation (Ep=0) were modelled to predict pilot performance, the results of which were tested on a pilot scale for the finest size fraction (-1 mm). It was observed that a top size of -2 mm provided optimum results in terms of upgrade and recovery, with crushing finer not necessarily producing superior results. At a target grade of 60 per cent Fe, recoveries of 65.6 per cent were achieved on the laboratory scale, whilst recoveries of approximately 58 per cent were achieved on the pilot scale. Targeting higher upgrades of 63 per cent would inevitably result in lower recoveries of 57.2 per cent on a laboratory scale and approximately 54 per cent on a pilot scale. This is in line with grades and recoveries achieved globally for BIF material albeit at finer grind sizes.

Sep 18, 2023

By K Barns, H Law, T Whebell, P Scobie, T Perkins, J Siliezar, M Larson

With processing a variety of orebodies at Glencore’s Ernest Henry Mining (EHM) has come a changing mineralogy and more complex requirements for treatment in the concentrator. From mid-2013 and into 2014 the grind size required to achieve sufficient mineral liberation for production of a quality concentrate has reduced significantly. What was once a final P80 of 35–45 microns was forced to 20 microns. This has necessitated some creative changes to the flow sheet that previously had a 937?kW Vertimill regrinding a rougher concentrate to 40 microns. EHM is able to utilise an existing M10 000 3 MW IsaMill previously used for magnetite processing, to provide a quick convenient solution without large scale capital expenditures. Operating the Vertimill and IsaMill in parallel in closed circuit was successful at reducing the P80 of the regrind circuit to below 20 microns which increased the final concentrate grade by four per cent. This circuit and intermediate circuits used are discussed. Performance of the Vertimill and IsaMill is compared for efficiency optimisation to improve the overall circuit performance.CITATION:Siliezar, J, Whebell, T, Perkins, T, Law, H, Scobie, P, Larson, M and Barns, K, 2014. From magnetite to chalcopyrite – a story of versatility and efficiency at Glencore’s Ernest Henry mining?operation, in Proceedings 12th AusIMM Mill Operators’ Conference 2014 , pp 85–92 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 1, 2014

Intrusion related Cu/Au mineralisation is localised in Pacific Rim island arcs by arc parallel, termed accretionary structures; or arc normal, termed transfer structures. In Papua New Guinea, NE trending transfer structures, evident on Landsat imagery, represent deep crustal fractures which have facilitated dextral rotation of the mainland during oblique plate collision. Major structures localise intrusion centres, and by rotation, develop ore hosting dilational environ-ments in subsidiary structures. While transfer structures localise the Porgera, Wafi and Yandera porphyry centres, the Frieda Porphyry and associated Nena high sulphidation Cu/Au mineralisation are localised by accretionary structures. The Bulolo Graben, which hosts the Morobe Goldfield, developed during intra arc rifting aided by movement on transfer structures. Crustal thinning has initiated magmatism with which diatreme breccias and fracture controlled mineralisation are associated.

Jan 1, 1994

Low-grade, porphyry copper type mineralization at the Moonmera prospect is related to the intrusion of a granodiorite porphyry mass into the Upper Permian "Gracemere granodiorite". Significant copper mineraliza- tion appears to be associated with the alteration assemblage quartz-sericite- kaolinite. The ore shell is surrounded by a zone where montmorillonite and kaolinite are in greater abundance and this assemblage is over- lapped, mainly at depth, by potassium feldspar alteration. Secondary biotite is abundant throughout the mineralized zone. Preliminary sulphur isotope results on the sulphide mineralization are compatible with a magmatic origin for the sulphur.

Jan 1, 1974

Coal production from Coal & Allied's Hunter Valley No 1 open cut is presently hauled 10 km by road to washing and train loading facilities at Liddell. This road haul, using bottom dump trucks on a bitumen sealed road, presents some unique earthmover tyre problems. Sound tyre management has controlled one potentially serious problem, that of heat damage, implicit with such a long haul. Tread abrasion or wear is therefore the limiting tyre performance factor. Study of abrasion mechanisms and interpretation of abrasion patterns has facilitated an understanding of the wear processes involved. This understand- ing has highlighted the importance of front tyre wheel alignment. The development of irregular wear is shown to be related to the mildness of the abrasion and methods of remving irregular wear are presented. In conclusion haulage by large off highway trucks on long sealed haul roads has been eooncoically and technically successful at Hunter Valley No 1. INTRODUCTION Hunter Valley No 1 (HVl) is a major open cut coal mine, owned and operated by Coal & Allied Operations Ltd, and located in the Hunter Valley of New South Wales. Present

Jan 1, 1982

By E M. Gama, L Resende

The tailings are waste from mineral processing operations. The type of tailings of iron ore processing are classified into sandy tailings and mud. Already the overburden are showing significant levels of useful mineral. Both iron ore`s waste have in your composition phyllosilicates/clay that indicates the potential for use in niche markets as paving and cement. According to several studies, there are various technologies in bench and pilot levels that could be used on a large scale but there is not an economic environment, tax, regulatory and tax set. Many of these technologies are associated with the reuse of tailings and overburden in construction. All these factors influence for that so many initiatives remain in search formats and cannot advance to the new business format. There is no way to set goals of reuse of this waste, as already occurs in China, if there is not a fiscal, tax and economic structure to support such measures. The way to foster and ensure that reuse of tailings and overburden is an incentive for promoting a culture of circular economy that would allow the emergence of an ecosystem between the private, public and Government sectors with the objective of accelerating and subsidize the entire network of reuse of this waste. The closure of the mine could be the tool used to ensure and boost this ecosystem of reutilization to align it with the vocation of the area of the mining law. Following this model, the end of the mining activity could provide a financial return to the local population, a more effective environmental compensation and a reduction in costs related to the closure of the mine. In this study are shown how the Vale is working in the reuse of tailings and overburden.CITATION:Resende, L and Gama, E M, 2018. The challenges of the reuse of tailings and overburden, in Proceedings Mine Waste and Tailings Stewardship Conference 2018, pp 117–125 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 23, 2018

By A Guillen, J-P ChilFs

Most 3D geological modelling tools were designed for the needs of the oil industry or detailed mine planning and are not suited to the variety of situations encountered in other application domains. Moreover, the usual modelling tools are not able to quantify the uncertainty of the geometric models generated. The potential field method was designed to build 3D geological models from data available in geology and mineral exploration, namely the geological map and a digital terrain model (DTM), structural data, borehole data and interpretations of the geologist. This method considers a geological interface as a particular isosurface of a scalar field defined in the 3D space, called a potential field. The interpolation of that field, based on cokriging, provides surfaces that honour all the data. The 3D model and its parts are always consistent with the observations. New developments allow the covariance of the potential field to be identified from the structural data. This makes it possible to associate sensible cokriging standard deviations to the potential field estimates and to express the uncertainty of the geometric model. It also, for the first time, gives a statistically optimal, geologically sound way of interpolating geology, other than directly joining the dots as you do with CAD. Practical implementation issues for producing 3D geological models are presented: how to handle faults, how to honour borehole ends, how to take relationships between several interfaces into account, how to model thin beds over many kilometres, how to optimise lithological properties and how to integrate gravimetric and magnetic data. We describe all geology surfaces and volumes using implicit functions. These are then rendered onto the required sections, plans, etc. The estimation of orebody grades and tonnes, using an unbiased and optimal geostatistical technique, makes use of the stratigraphically bound 3D geology model. An application to the geological modelling of the Hamersley iron ore district, Australia, is briefly presented.

Jan 1, 2009

By P Stoker

"An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation. Mining and exploration properties have a unique set of technical risks. Privately-owned companies considering investing in the resources sector can optimise their investment decisions by adopting a systematic technical assessment of acquisition assets, similar to the approach commonly adopted by public financial institutions and publicly-listed companies.Technical due diligence provides a process to identify key geological, mining, geotechnical, metallurgical, environmental and social risks and opportunities and determine the most likely business case and valuation of assets. Technical due diligence is commonly carried out in parallel with legal, commercial and financial due diligence, often involving the acquirer, to maximise the understanding of the investment.There are significant advantages in investors conducting a comprehensive technical due diligence, which typically involves site visits and project assessment to international standards by an independent, multidisciplinary team of experts. The outcomes provide the opportunity for the investor to make early, informed decisions and to understand and manage risks.Technical due diligence may be carried out at several stages: when considering and weighing up a number of investment options, prior to and during a transaction or immediately post-transaction. In the first stage, the outcomes will inform the choice of investment and, more particularly, whether there are any fundamental flaws in the projects being considered. In the second stage, due diligence outcomes can inform the level of investment and approach to risk management and planning. In the third stage, risks and opportunities can be investigated in more detail, allowing the investor to consider the best options to reduce risk and maximise the benefit of the investment.This paper presents a summary of the technical due diligence assessment process, its benefits to investors, common risks in mining and exploration projects known to cause mining asset write-downs and principal technical due diligence approaches.CITATION:Keogh, A, Stoker, P and Thomas, M, 2015. Benefits of due diligence in private equity mining investments – maximising value and unearthing common risks , in Proceedings PACRIM 2015 Congress, pp 115–126 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 18, 2015

Almost all the countries of the south-west Pacific and the Australian states have recently completed or have commissioned mineral royalty reviews. The prime reasons for this widespread and consistent action is the desire of the governments of these entities to redress perceived effi- ciency and equity imbalances and to ensure that the revenue raising motive does not override the necessity to maintain mineral exploration and development incentives. Governments are tending to adopt royalty systems comprising a com- bination of base royalty and a profit component. Resource rent royalty and royalty holidays have been introduced and anomalies, such as royalty free gold production, still exist but appear to have uncertain futures. Tasmania ranks as the Australian state with the lowest aggregate royalty levy/production value ratio whilst Papua New Guinea has the highest royalty objective achievement level in the south-west Pacific region.

Jan 1, 1988

Byproduct coking is practised in three of the major Australian ironmaking centres, the Newcastle and Whyalla works of the Broken Hill Proprietary Co. Ltd. and the Port Kembla works of Australian Iron & Steel Pty. Ltd. Coking first commenced at Newcastle in 1915 and at Port Kembla in 1938. The installations established at these centres include coal cleaning facilities and com- plete byproduct streams. The Whyalla plant, because of its location is somewhat less extensive, having no coal cleaning plant and a comparatively restricted byproduct section. As new batteries have been built every opportunity has been taken to incorporate modern design features and improved operat- ing techniques. This has included the provision of equipment to reduce atmospheric and water pollution. A marked reduction of markets for byproducts has had serious repercussions on the profitability of this section of the Industry.

Jan 1, 1972

By Pak DL

Over the last decade computers have become an essential element in assessing the economic feasibility of mining new mineral deposits and in assisting a variety of related support functions. A broad overview is given of the many technical application areas where computers are contributing to the mining industry with reference to work being done on the evaluation of drill hole information, mineral inventory modelling, ore reserve estimation, financial analysis, process simulation, process control, workshop job scheduling, PERT applications, and com- puter aided drafting. In all these areas the computer has greatly reduced the manual effort involved in looking at alternatives. It has had a significant effect in eliminating delays in revising calculations, or rescheduling activities to incorporate new data or cater for changing conditions, while at the same time providing more accurate and prompt information for the management decision making Process.

Jan 1, 1980

By Moritz P

Thiourea has been recognised for a long time as an acid-stable complexant for gold. Generally, the use of thiourea has been shown to exhibit enhanced leaching kinetics compared to cyanide but suffers the disadvantage of excessive reagent consumption. Thiourea leaching is particularly com- patible with the extraction of gold from refractory ores. This is due to the need for an oxidative pretreatment to liberate the gold. Such pretreatments typically result in the production of an acidic residue. The application of novel thiourea leaching technologies to the extraction of gold from a bioleached pyrite concentrate was investigated. The interac- tion of leach variables with thiourea consumption and gold extraction was established. An economic assessment of thiourea leaching was compared with conventional cyanidation. The results indicated that gold leaching of the bioleached residue using thiourea compared very favourably with cyanidation.

Jan 1, 1991

By Clifford C. E

The Black Star and Racecourse orebodies below 15 level contain a major portion of the primary silver-lead-zinc ore reserves of 56 million tonnes at 150 g/t Ag, 6.4% Pb and 6.5% Zn at Isa Mine. Extraction from this area is scheduled to begin in the early 1980's. Mining in this block will be quite com- plicated as the ore is contained in a dozen separate orebodies varying in width from 3 m to 20 m with only narrow barren pillars between them in some cases. Mining objectives which consider metal recovery, costs, environmental and safety factors, operating requirements and rock mechanics are used to compare proposals. The planning work involved in formulating mining proposals considers disposition of reserves, scheduling factors, sequence of extraction, extraction methods, haulage set-up and ventilation requirements.

Jan 1, 1979

By Coates D. F, Neil T. J, O&apos

A proper economic analysis of pit slope design must reflect the trade-off between the benefits and the increased risks of slope fail- ure inherent in steeper slope angles. However, no formal framework for a proper analysis existed to date. This paper describes the results of the past four years' effort in which a formal eco- nomic analysis framework was developed and tested through a case study. This framework, in essence, consists of the availability of tested procedures and com- puter programs. The procedures as well as the programs are divided into two broad functional categories; (1) the first category related to assessing the economic benefits and costs associated with various pit slope angles and (2) the second category that determines the overall financial impact which the assessed benefits and costs exert to the mine operator's overall economic stature.

Jan 1, 1977

By O A. Aladejebi, S Mitra, T Singh, D J. Pinson, S, S J. Chew, T Honey

Currently, many commercial sinter plants are exploring the potential addition of high-grade iron ore concentrates to improve the sinter grade. A better understanding of the ore blend, granule behaviour and green bed properties is critical to making this change and maintaining productivity in the sinter plant. This study compared the performance of a laboratory scale granulation drum to a commercial scale unit. The blend used was an Asia-Pacific style sinter blend containing iron ore concentrates. The operating conditions of the two granulation drums (laboratory and commercial scale) were fixed at the same Froude Number (0.00337), space factor (15 per cent) and residence time (4.5 mins). The granules were characterised by measuring their mean size, size distribution and green bed voidage. It was found that the laboratory scale granules were representative of commercial sinter plant granules at similar moisture content. When the moisture was fixed at ~6.9 per cent, granulation time had no significant effect. A further fundamental investigation was undertaken to measure the water holding capacity and intra-particle porosity of the individual ores used in this study. The kinetics of water absorption were measured which showed that water absorbs quickly into the ore particles within the first 60 seconds, slowing down until final saturation was attained after six hours. A linear relationship between the water holding capacity and intra-particle porosity was noted for different ore particle sizes. The results of this study provide a baseline understanding of the current commercial sinter blend and encourage exploring the specific effect of increasing the proportion of ultrafine concentrates in sintering in a future study.

Sep 18, 2023

It is well known that the ability to influence project value reduces significantly as planning progresses and decisions regarding project parameters are made. However, at the prefeasibility stage in particular, where one of the main aims should be to evaluate a wide range of options in order to select the best for more detailed further study, there is often a reluctance to spend the time and money needed to do this rigorously. This paper demonstrates, by a number of case study examples, how significant increases in value may be obtained by fully evaluating the combinations of alternatives for various project design parameters, including (though not limited to) mining methods, haulage methods, mining rates, processing methods and rates, sequencing of mining, and cut-off grades, with changes and upgrades over time where applicable. The additional value unlocked is typically orders of magnitude greater than the additional cost of the more comprehensive study. The dangers of misuse of simplistic sensitivity analyses and failure to identify how strategies might change in response to changes in external factors are also illustrated, and the importance of selecting the best ægrade descriptorÆ is discussed.

Jan 1, 2007

This address was delivered at the Annual Conference Presidential Dinner held in Sydney on 11 July 1988.The Australasian Institute of Mining and Metallurgy brings together, voluntarily, people with a professional interest in the disciplines and skills which are employed in the mineral industry, and in relation to that industry.We come together because we have a mutual interest in improving what is done by the mineral industry, in all its aspects. It is this sense of continuing improvement, of doing better, of doing as well as we can, as our knowledge and skills improve, that unites us in creating and fostering a professional association of likeminded people.We know from our professional training and experience that enormous progress has been made, at an ever-increasing rate, in the mineral industry, particularly this century. We know that the mineral industry has played a very major role in providing the means by which so many more people survive to live longer, healthier ,and more interesting lives, than ever before. Indeed, together with the oil and gas industry, which is an integral part of the mineral industry but has achieved its own commercial distinction, it is fair to claim that the mineral industry has played the major role in providing the means for the advancement of the human, quality of life.We do not need to make any great claims on human society in consequence of our statement of these contributions. The facts, for those who are aware of them, speak for themselves. Our more modest interest, as members of our professional association, is to look to the future, while conscious of our heritage as a guide to what more might be done, in that future.We certainly do not claim that this indisputable contribution made to human welfare by the mineral industry gives us some moral position of superiority from which to claim greater support or understanding from the wider community of people.On the other hand we know that as members of the mineral industry we have a responsibility to do what we can to help other people to be aware of, and to understand the significance of, those facts which will only speak for themselves if we take the trouble to make them known. And we have a number of organisations. The Institute itself, The Australian Mining Industry Council, the various State Chambers of Mines, the industrial relations body, The Australian Mines and Metals Association, and others, each of which in its own way endeavours to add strength to the individual efforts which we each should make.We may look at these facts about our mineral industry as simple dry statistics, even with their undoubtedly improving trends, or we can see them, and portray them to others, as expressing something which is much more. We can portray them as expressing the outcomes of our professional determination to strive to do better, whatever it i,s we find ourselves doing in this mineralindustry.We may seek to describe our efforts as being in pursuit of excellence, or by other such high-sounding phrases, but I prefer to describe those efforts as simply our strivings to make everything we do better next time-much as the dedicated golfer tries to do, but with, may I suggest, more evident success achieved in the mineral industry; which is one reason why I don't try to play golf.May I suggest to you that trying to do better, is very simply the true basis of professionalism? We are trained and practised to see the opportunity for improvement-not to be static in a world which we know is changing so rapidly in every aspect around us. We must be dynamic, which means optimistic, about improving the world in which we find ourselves.

Jan 1, 1988

By M McGrory, A Rodolfo, J Paredes, L E. Manguba, K A Villaspir, G Webb, R Setiagani, H Cardenas

"OceanaGold’s Didipio operation has been in operation for three years. Integral to the flow sheet design is a flash flotation circuit treating a portion of cyclone underflow, consisting of an Outotec SK-500 flash rougher and an Outotec TC10 flash cleaner and a SB-2500 falcon treating flash rougher concentrate to recover fine free gold.Flash copper recovery has been holding steady at 60 per cent, while flash gold recovery at 50 per cent. Gold recovery from the gravity circuit is 22 per cent, bringing the overall flash plus gravity gold recovery to 72 per cent.Operation of the flash rougher is mainly by pulp level control. Control of copper grade in the flash cleaner is mainly controlled by air inflow and flash cleaner pulp level control drives copper recovery. Gold recovery around the circuit is mainly driven by gold head grade.SB-2500 concentrate is scalped with a 250 micron screen with the coarse fraction reporting to a SB-250 falcon, concentrate of which combines with the screen fine fraction to a Gemini table.Citation:Cardenas, H, McGrory, M, Webb, G, Paredes, J, Setiagani, R, Villaspir, K A, Manguba, L E and Rodolfo, A, 2016. Didipio Flash Flotation and Gravity Recovery Circuit, in Proceedings 13th AusIMM Mill Operators’ Conference 2016, pp 123–126 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Oct 10, 2016

By T R. Justice

The Eastern Distributor tunnel is located approximately 24 m beneath the suburbs of Woolloomooloo and Darlinghurst to the east of the central business district of Sydney. The 1.7 km long tunnel will carry three lanes of northbound traffic over three lanes of southbound traffic in a æpiggybackÆ arrangement, with a maximum cross-section 22 m wide by 12 m high.The tunnel is constructed predominantly within horizontally bedded Hawkesbury Sandstone. In the unweathered to slightly weathered state, the rock is typically medium strength (average UCS about 24 MPa), with an average quartz content of 72 per cent.Major geological features that intercept the tunnel route are the Woolloomooloo Fault Zone and two extremely to moderately weathered dolerite dykes. The fault zone intersects the tunnel at about 25¦ to its alignment and comprises a series of discrete faults over a width of approximately 50 m. The overall movement of the fault zone appears to be reverse. The two dykes are the 1 m wide Oxford St Dyke and the 6 m wide Great Sydney Dyke.This paper outlines the site investigations and the interpreted geotechnical model for the tunnel route prior to the commencement of tunnelling. This model is then compared to the encountered conditions. The very good correlation between the expected and the encountered conditions shows the high quality of geotechnical investigation and interpretation.

Jan 1, 1999