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Fundamentally, the development of a minerals processing project is a very risky enterprise. Most mining companies do not have sufficient financial resources to undertake significant projects and hence have to undertake external financing. Indeed, most resource companies understand the high risks associated in developing their projects and therefore, wish others to share in the risks. Most merchant banks, on the other hand, are searching to find suitable resource development projects in which they can share their risk and also share a large proportion of the ærewardÆ. To resolve this issue a Feasibility Study is completed by the project developer and assessed by the merchant bank often with the assistance of an æIndependent EngineerÆ (IE) who assesses the validity of the development proposal. Generally speaking, unless the Feasibility Study has been prepared improperly, the technical aspects of most mineral projects are reasonable. Some of the more recent so-called æhigh techÆ projects are exceptions but these still do not present major technical mistakes or misconceptions. p> In most cases, the major criticism the IE presents after discussing the validity of the ore reserves focuses on production plans, capital costs and operating costs. Of these three parameters the production plan is one in which owners tend to be far too optimistic and financiers, until recent years, have not taken a position. The most critical part of the development plan is the ability of the project, as designed, to attain the required design performance and, even more critically, the ability of the owner to reach and sustain this level of production. In short, how long should the æramp-upÆ be planned to take? Financiers have become more circumspect and are now taking a more conservative view of new project performance by factoring into their project financial analysis longer periods of ramp-up, higher capital costs and higher operating costs. However, these financiers can also be part of the æproblemÆ if they become overly conservative. This paper attempts, by way of case studies available from the public arena, to identify the pitfalls the project owners can meet and possible means of avoiding the disastrous financial conundrum whereby the second or third æownerÆ is the company that reaps the rewards initially extrapolated. The paper briefly discusses this problem by referring to projects known to the author and including previous studies that looked at this very problem. It is emphasised that many of the opinions stated within the paper are strictly those of the author and could be subject of much debate.

Jan 1, 2003

By B BussiFre, J Molson, M Aubertin, G W. Wils

Waste rock piles containing reactive sulfide minerals can serve as long-term sources of acid mine drainage (AMD). Within these piles, many physical, geochemical and biological processes can contribute to the production of AMD. The flow of water, for example, depends on internal pile structure, which depends on the dumping methods used to construct the pile. In this paper, the internal structure and grain size distribution of typical waste rock piles are first reviewed with respect to their effect on internal water flow. A numerical model is then applied to simulate unsaturated flow within a waste pile assuming two primary waste materials, different atmospheric conditions and several geometric configurations. The simulations suggest that water movement can be controlled by introducing fine-grained material layers within the coarser host material. However, these layers should not be horizontal because they can lead to localised high-saturation regions as well as preferential flow favouring the production of AMD. A shallow slope towards the pile boundary may be introduced to force drainage to the outside while maintaining low saturation within the interior, thus reducing the production of AMD.

Jan 1, 2003

By I Levy

At our Monkland Mine at Gympie, we operate a deep, narrow vein gold mine using hand held equipment, rail mounted haulage and narrow shafts. This is in many respects the old-fashioned way and is well suited most of the orebody geometry exposed to-date. We have also commenced some long hole stoping and we use alimaks for some jobs. The heart of our particular mining style is the employment and retention of experienced miners with remuneration based on productivity. We do our planning/monitoring/supervision down to the level of daily individual productivity. In focussing on cycles per se, we have chosen not to talk about drill and blast cycles or cycles for mine development, stope preparation or drawdown and haulage. Instead we have stepped right back from the operation as presently run and have adopted a very broad view of the mining cycle. We will in this presentation intertwine the ebb and flow of, exploration, project sponsorship, development, production and cash returns to owners. The time line considered spans both history and predicted future.

Jan 1, 1998

By W Gale

Rock and coal fractures together with micro seismic vibration is a common occurrence during mining, however, it is very uncommon for coal and rock to be propelled into the roadway. Irrespective, such occurrences do occur and appear to require significantly more energy than is available from strain energy release during coal cutting. The sources of energy which can contribute to the propulsion of coal from the face or ribs are typically strain energy from the surrounding ground, seismic energy from a rapid rupture of the ground in the vicinity, or rapid expansion of gas from within the burst source area. The aim of this presentation is to briefly review the mechanics of a coal burst and to discuss the mining situations for which the energy is sufficient to create bursts. A brief discussion of alleviation strategies is discussed. This is an abstract only. No full paper was prepared for this presentation. CITATION:Gale, W, 2018. An overview of coal burst phenomena, in Proceedings The Fourth Australasian Ground Control in Mining Conference (AusRock), p 2 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 30, 2018

By T P. Tafirenyika, K C. Corin, C T. O’Connor

There is a growing demand for copper driven by its applications in renewable energy and electric vehicles. Sulfide ores are an important source of copper. Flotation is a critical front-end process used to remove gangue minerals and concentrate the copper minerals. The electrochemical activity of sulfide minerals contributes to their overall activity in the flotation pulp. The mineral rest potential dictates how collectors interact with the mineral surface, and hence ultimately on the flotation response. Dissolved oxygen, (DO), pH, redox potential (Eh) and water composition and ionic strength are also significant in controlling flotation performance. The aim of this investigation was to determine the influence of the electrochemical environment both during milling and flotation on the flotation behaviour of bornite and chalcocite. For this investigation, the interactions of collector with bornite and chalcocite were studied using synthetic plant water (SPW1) and deionised water (DIW) at 5 different pH levels. Sodium isobutyl xanthate (SIBX) was used both in microflotation, collector adsorption and zeta potential tests.

Aug 24, 2022

As an Inspector of Mines in Queensland, my main responsibilities include the enforcement of the Mining Act 1968 - 1986, the Mines Regulation Act 1964 - 1989 and the Metalliferous Mining regulations 1989 to promote the safe and responsible exploitation of the States' mineral wealth.An important adjunct to this task is the offering of an advisory service to the mining industry. However, in the pursuit of my duties to this regard, I have sadly observed in some cases, numerous wrong doings and negative activities by miners which have led to their ultimate demise, not to mention that of others. Despite what I consider corrective advice, I have witnessed, again in some cases, disregard and blind pursuit for the wrong end.This then is a novel approach to get the message home in the form of a light hearted cartoon presentation relating the saga of an average Aussie battler entering the mining game unprepared, making the wrong decisions due to his own ignorance and the cleverness of others, leading finally to his and possibly others' downfall.

Jan 1, 1990

By C Gormley, G Lane, J Kwak, A Hopkins

Complex processing plants present a myriad of safety issues to the design engineer. The extent to which the design engineer manages to lay the foundations for a safe plant ultimately sets the stage for life long safety performance. Industry traditionally measures engineering safety performance by indicators such as Lost Time Injuries, Restricted Work Case Injuries, Overall Incident Frequency Rates, etc. While these measures are useful indicators of performance for the construction, commissioning and operations phase of a project, they do not necessarily drive the most appropriate behaviours for Safe Plant Design. Achieving an inherently safe design requires a diligent focus on low frequency, high consequence events. First and foremost the engineering team needs to have a design culture and methodology which leads to a plant which is as close as possible to being inherently safe. Such a culture might come from an organisation that has æmindfulnessÆ about safety, and which is nurturing a culture where warning signs are recognised and addressed. This paper explores the development of mindfulness and warning signs in design.

Jan 1, 2004

I wish that in addition to being a Pro- fessional Engineer I was also a communications expert. My principal task this morning, and yours after this meeting, is to convince a wide variety of individuals that steel industry slags are a high quality material that can be used for many purposes; and that their use can significantly alleviate some of the problems facing engineers, public officials, and the general public in our countries. By actual in- place performance over a long period of time steel industry blast furnace slags have proven that they are as good as the best natural aggregates, and better than some, for any type of construction or purpose for which natural aggregates are used. Steel furnace slags have many unique favorable characteristics and prop- erties when compared to other types of aggre- gate even though they cannot be used for all types of construction. We have the facts, all we have to do is present them to the right people in the proper manner.

Jan 1, 1979

By Stubbs B

In conjunction with Charles Copeman, we have arranged the presentation of a paper by Charles with a support paper by myself presenting alternatives to currentaccepted legal concepts involving the ownership of minerals by the Crown and the absence of ownership in any minerals or entitlement to benefit therefrom by the owner of the land on or under which the minerals occur.2. The current situation has its historical route in the concept of gold and silver being royal metals and belonging wherever situated in the Kingdom to the King and it is submitted it can be'seen as being archaic in nature perhaps even feudal and perhaps worthy in this day and age of reconsideration.Our purpose in these papers is to present an alternative view supported by argument challenging the present system and hopefully, creating room for comment and interchange amongst those involved in the industry. My solutions are not Charles Copeman's solutions and vice-versa. However, we do share a common belief that the present system may not be the best system.

Jan 1, 1990

The constraints in university courses are lack of hours, high cost of scientific equipment, and poor availability of suitably experienced staff. These have forced the balance away from practical work and towards more theory. Labelling of individuals as either practical, or academic, does not help the inter- change of staff between industry and univer- sities that is necessary to balance idealism and realism. Practical men who do return to universities may lose seniority and find that industry is reluctant to have them back. Academics who specialise too long may concentrate on their research to the exclusion of basic material. It is difficult to operate pilot scale plants in universities because of lack of time, and obsolescent equipment. Small grants from industry might enable tests to be run in research laboratories such as at C.S.I.R.O.. Within universities there may be a need for greater interchange of students among depart- ments, aided by the absence of weighted student unit measurements, as suggested by Aus.I.M.M. and A.M.I.C.

Jan 1, 1984

There is considerable variability in the level of detail incorporated in prefeasibility studies relating to mining developments. Hence, when undertaking a review or audit, it is critical to attempt to ascertain at an early juncture precisely who has compiled the various facets of the study, for what purpose it was intended and the terms of reference given to the authors. Likewise, when commissioned to undertake an audit it is preferable to have proper terms of reference and to be aware of the purpose to which the audit will be put.These factors will influence the degree of detail an auditor would expect to find in the study and consequently, the degree of effort/time required for the audit process. In most instances audits do not imply recalculation of the entire study or modifying it in anyway, but involve an overall assessment of the methodology used, combined with spot checking of detail. One of the most difficult aspects is to determine a realistic order of accuracy for the overall study when the accuracy of the individual components may differ markedly.

Jan 1, 1990

In those days no one worried - there were plenty of other things to do. But in'these days it is different. Everyone worries- and. because there is so much worry, emotion has entered the picture. And, worse than that, capital is being made in political circles. People who were quite unaware, five years ago, that any problem existed, have now become experts on the subject, and shout to high heaven that something should be done - and yet they go on using the leaded high octane petrol they deplore so much. And even scientists, who should know better, adduce only such evidence as fits the argument in hand. And the Press is not without blame - some of its reportings is open to serious question, whatever may be the excellence of its motives. The point is made that one should know what one is talking about. And make sure that the evidence quoted is fact - and make sure too, that all the evidence is used, not only that which suita the argument.

Jan 1, 1971

It is commonly accepted that govern ments have a role in the financing of mineral development. The reasons for government involve- ment are examined in general and in the light of the current situation in Aust- ralia, particularly having regard to the ownership of resources. A brief introduction is given to the new Australian Government bodies, the Petroleum and Minerals Authority and the Australian Industry Development Cor- poration, designed to fill a new role in mineral development, and to the basic changes brought about by the Australian Government's decision to become involved in the future development of the country's mineral resources. It is generally accepted that governments do have a role in financing mineral development. This acceptance does not seem to be confined to Aust- ralia alone but is more a worldwide phenomenon. Mineral development has traditionally been regarded as the pre- serve of private enterprise and there- fore is presumed-to be profitable, and so it is instructive to ask why there is this special role for governments.

Jan 1, 1974

Discounted cash flow (DCF) methods are well suited and recommended as a primary valuation method for mineral assets for which there are at least indicated resources and some form of feasibility study containing engineering, production and capital and operating cost data. DCF methods are also applicable as a secondary or check valuation method for exploration properties for which no technical study has been prepared. For projects where little or no engineering, production and/or cost data is available, the process of formulating a project concept by specialists who do not possess experience and expertise in the relevant technical faculties is totally rejected as a basis for applying DCF techniques as a primary valuation method. Such an approach runs counter to The Australasian Institute of Mining and Metallurgy (AusIMM) requirement to apply relevant expertise to specific aspects of mineral valuation. Technical and commercial inputs to mineral valuation should be reviewed by specialists who have specific expertise in the relevant disciplines, and should be tempered by the quantity and quality of technical evaluation which has been undertaken and the development status of the asset.

Jan 1, 1994

Compared with modern longwall coal mining systems, automation has not been developed very far in the underground metal minin industry. One of the main reasons for this is that present har rock mining systems do not produce ore with a controlled degre of fragmentation. The often poor fragmentation from the stopescauses large extra costs and precludes material which 1-ends itself to automationThe paper investigates the possibility c technology for automatic loading and trapconveyor belt to a shaft dump pocket. With this concept, it will be necessary to control the maximum fragment size by careful blasting design. The degree of fragmentation will have to be finer than is common to-day. The study shows that the belt conveyor mining con-cept with controlled fragmentation may be economically competitive with conventional cyclic loading and transport, even for an annual production as low as 0.5 mill. tonnes.. Fragmentation design and cost calculations have been based on a combination of the Kuznetsov relationship between blasting parameters and mean frag-ment size, and the Rosin-Rammler formula for fragment size distribution.

Jan 1, 1985

By Davison GR

The cost of drilling consumables is always a large component of any mine budget. It is important that this cost be carefully examined with a view to reducing the overall cost per inetre or at least minimising its escalation.At Renison it is considered that the only way to ensure drilling costs do not rise unduly is through a total system of control from purchase to disposal.In 1979 extension of an existing drill supply service contract was carefully examined and abandoned in favour of a hybrid system. This system is providing a great deal of control over the use of drilling consumables and has maintained a relatively constant cost per drilled metre over the last five years.Current consignment stock contracts for drilling consumables are strictly specified by the Technical Services section of the Mine Department and consumables purchased under these contracts are distributed and refurbished/sharpened by a contractor.The total result of this package is individual drilling items that achieve the best cost per metre and careful distribution and maintenance to ensure maximum life.

Jan 1, 1985

Reconciliation of the ore reserve has been an integral part of mine planning since Bougainville Copper Ltd. commenced mining operations at Panguna in 1972. Confidence in the ore reserve is considered essential, both for long term planning of the deposit, and for fair and accurate reporting of the mining resource to shareholders. Recoverable, proven reserves are published annually. Although the ore reserve quoted is based only on diamond drill hole (DDH) information on a 122 metre by 122 metre grid, predictions are regularly reviewed against production. Concentrator results are taken to be the best estimate of grade and tonnage. Surveyed mined perimeters and average blasthole grades are reconciled at the end of each month against the concentrator figures. Predictions of the in-pit reserve are made using an orebody model. DDH and blasthole (BH) sample grades are used to make predictions for both long and short term planning. This paper describes how reconciliations are used to validate ore reserves at Panguna. Development of the orebody model is described, and some of the difficulties encountered in doing reconciliations are addressed.

Jan 1, 1987

Through the use of structural analysis programs such as Unwedge and considering the shear strength of applied fibrecrete it can be shown that fibrecrete can provide a higher factor of safety in a ætypicalÆ underground development excavation than standard rock bolts. This paper describes the progression of ground support from an æas requiredÆ component of mining to the use of bolts and surface support as a mandatory requirement. With the mandatory requirement for surface support, fibrecrete has been considered and applied as a secondary feature but simple analysis and practical observations indicate that it may be considered as primary support. The key elements to its implementation are: When is it safe to work under fresh fibrecrete and how do we practically determine this? How much ground support does fibrecrete provide? How can we reduce the cost of fibrecrete? An examination of these questions indicates fibrecrete can be much safer,less expensive and quicker to install than normal ground support elements. This paper explores practical examples from sites where significant benefits have been achieved by mine operators.

Jan 1, 2005

By Zhang S

A probabilistic approach is proposed for updating open pit slope sta- bility based on successful performance. The suggested approach is developed within the framework of Bayesian probability theory. In seeking solutions to geomechanics problems consideration must be given to inher- ent variability of shear strength parameters and to the errors in the esti- mation of these parameters. The latter can be significant and may lead to consistent overestimation or underestimation of the values derived from site investigation and testing. Conventional deterministic methods of slope stability analysis do not allow systematic modelling of uncertainties in applied loads or in shear strength parameters. Within a probabilistic framework indicators of stability may be calculated, e.g., the reliability index and the probability of failure. Based on observation of slope per- formance at any given stage of a project, the mean or the standard devi- ation (or both) of a shear strength parameter may be updated. Consequently the indicators of stability can also be updated. The appli- cation of such an approach is demonstrated by an illustrative example.

Jan 1, 1989

By Mauk JL, Arehart GB

Quartz veins from the Martha Hill epithermal gold-silver deposit, Waihi, commonly exhibit crustiform banded textures. Visual differences observed between bands are primarily the result of a 1 to 1500 ¦m variation in quartz grain size. Quartz band textures are dominated by anhedral interlocking quartz mosaics, commonly associated with minor adularia and sulfide phases; these textures are interpreted to be products of amorphous silica crystallisation. The occurrence of rhombic adularia suggests that prolonged boiling influenced parent fluids. In contrast, the presence of coarsely crystalline bands, made up of subhedral to euhedral quartz grains, infers primary crystal growth from solution; evidenced by the occurrence of growth-zoned quartz within these bands. There is a narrow range of 3.3%o in 618Oq,,,,,= between maximum and minimum isotopic values for the deposit. Significant overlap in 618Oqu,, values are observed between the Martha and Welcome lodes. However, statistically significant and commonly systematic differences do occur between individual bands analysed in most samples. Temperature fluctuations may be the dominant factor responsible for observed inter-band variation.

Jan 1, 1995