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The current boom being experienced by mining, coupled with a shortage of professionals, will mean those in the industry will have many choices. It may be easy to become carried away and run with the highest bid or the biggest promise. Without planning, however, the ærightÆ opportunity may be missed and there may be some long-term consequences. There are many choices of paths in the industry to suit work preferences, life cycles and to achieve a balanced life. People in mining have changed jobs and companies frequently û which means new leaders need to take greater responsibility in charting their own direction. Career options need to be carefully assessed and aligned to personal values and preferences. Emphasis is given on gaining site experience early on.This paper examines strategies for career planning, which incorporate life cycles, education and what is meant by a balanced lifestyle. Two tools are identified as being helpful in ensuring strategies can be successfully executed. They are ævisioningÆ and æinfluenceÆ.To make the mining industry more attractive, we need more creative solutions around advances in technology and organisation of work. It also needs the input and leadership of new entrants in to the industry to assist in its survival. New leaders are encouraged to voice a vision and effectively influence their companies. New leaders have little authority and need to learn how to effectively influence. We as a mining industry need to listen, be open-minded and give it a go.

Jan 1, 2004

By P F. Hodkiewicz

"Our understanding of mineral resources relies on three basic steps: data capture data interpretation model construction. Until recently, all three of these steps required significant time and manual effort to produce a single resource model for mine planning, typically taking more than a year to progress from drilling to the final block model. Over the past several years, BHP Billiton has been developing innovative workflows in rapid resource modelling projects to significantly reduce these time constraints and make the process more productive by replacing manual activities with automated ones. Rapid resource modelling is the process of combining recently developed off-the-shelf technology with internal technology developments to fundamentally change the way we collect, interpret, model and evaluate geoscience data. Initiatives include automated systems and standardised workflows to make it safer, faster and cheaper to continuously update multidiscipline resource models. Specifically, rapid resource modelling workflows combine: real-time analysis of drill holes and drill samples with downhole tools and hyperspectral scanning systemsautomated interpretation of drill hole intervals based on pattern-recognition algorithmscontinuous modelling workflows using implicit modelling software. This paper outlines technology developments and workflows that provide a more thorough understanding of mineral resources to support faster and more informed strategic, planning and production decisions.CITATION:Hodkiewicz, P F, 2014. Rapid resource modelling – a vision for faster and better mining decisions, in Proceedings Ninth International Mining Geology Conference 2014 , pp 183–188 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Aug 18, 2014

By A Marton

Concerns with crest losses have seen changes to a number of design and operating parameters to retain the integrity of the wall and the berms of the Kidston Gold MinesÆ Eldridge Pit. Until trials began in 1999 most final wall designs utilised large diameter blastholes up to the presplit row to achieve the wall angle. The berm crests were being lost, wall support requirements were increasing and affecting mining schedules and several fault areas were putting pit access at risk. Standard designs had been determined during the early mining years and while periodic modifications had been made there was a need for major blast pattern revision. This paper traces the development of wall control blasting programs over the years, relating designs to the geology and the evidence in the walls with the theories of the day and includes the recent trials that were conducted in what is a most unforgiving geology. Trials and improvements to ensure the walls were safe were conducted even as the mine neared its economic life. Instrumented monitoring of trials blasts has greatly increased the understanding of the damage criteria and enabled rapid revision of designs. Recent changes included reduction in presplit energy, charge redistribution and use of smaller blast holes for the trim patterns. Determination of a minimum proximity-to-final wall limit for production blastholes, establishment of the correct standoff to berm crests and walls and selective use of presplitting techniques for protecting crests have resulted in cost effectiveness, improved bench crest retention and an overall reduction in visible wall damage.

Jan 1, 2001

By P Joyce, D R. Cooke

The Dinkidi Cu-Au porphyry deposit is situated in the Caraballo Range of North Luzon, Philippines. Although comparatively small, Dinkidi has unusually high gold grades with drilling by Climax-Arimco Mining Corporation delineating a 110 Mt orebody at 1.2 g/t gold and 0.5 per cent copper. The magmatic-hydrothermal evolution of Dinkidi records a distinctive switch in mineralisation from an early orthoclase-dominated Au-rich assemblage, typical of alkaline porphyry systems, to a later quartz stockwork Au-Cu rich assemblage typical of most calc-alkaline to shoshonitic porphyry systems. The early orthoclase-dominated stage is associated with the intrusion and crystallisation of a variably-textured clinopyroxene-syenite dyke that contains high-grade (5 - 20 g/t) gold mineralisation. We consider this dyke to be a Cu-Au porphyry analogue to the pegmatites found in granitic systems. Dinkidi is hosted within the Early Miocene Didipio Igneous Complex. This alkaline igneous complex is comprised of early unmineralised gabbros (pyroxene-plagioclase cumulates), clinopyroxenites (pyroxene cummulates), diorites and monzodiorites that have been intruded by a large, weakly mineralised monzonite pluton. The Dinkidi deposit is located at the southern margin of the monzonite pluton. Mineralisation is hosted within a composite monzonite stock. Within the stock, an 800 metres by ~200 metres (plan section) elongate monzonite stock (Tunja Monzonite) predates and hosts the bulk of the Au-Cu mineralisation. This has been intruded by the thin (10 to 30 m wide), highly mineralised variably-textured magnetite- and clinopyroxene- phyric syenite pegmatite (the Balut Dyke). The youngest phases of the composite stock are leucocratic quartz-monzonite porphyry (Quan Porphyry) that grades texturally, in its core, into a post-mineralisation crystal-crowded quartz-syenite (Bufu Felsite). The late-stage Bufu Felsite is inferred to be the source of much of the Cu-Au mineralisation. The Didipio Igneous Complex has intruded a sequence of Late Oligocene alkaline andesitic lavas and volcaniclastics and overlying potassic dacitic lavas. Whole rock geochemical analyses indicate that the intrusions and the potassic dacite lavas in the surrounding region are co-magmatic. Five main stages of hydrothermal activity are recorded at Dinkidi. An unmineralised K-silicate (biotite-magnetite) alteration assemblage formed during the intrusion of the Tunja Monzonite stock. The diorites surrounding the stock display intense selectively pervasive biotite and magnetite alteration and are cut by an extensive network of orthoclase veins and monzonite dykes. The orthoclase-dominated assemblages of Stage Two carry substantial high-grade Au mineralisation and are associated with the intrusion of the Balut Dyke. The emplacement of this unusual dyke is associated with emplacement of pegmatitic clinopyroxene-orthoclase-magnetite¦sulphide dykes, localised orthoclase flooding along the margins of the dyke, and subsequent emplacement of an extensive orthoclase-actinolite-bornite¦chalcopyrite-fluorite stock-work, and development of widespread selectively pervasive actinolite alteration. The main stage of Au-Cu mineralisation at Dinkidi is intimately associated with the intrusion and initial crystallisation of the leuco-monzonite porphyry (Quan Porphyry) and emplacement of a quartz stockwork followed by carbonate-sulphide deposition and intense vein-related sericite and carbonate alteration assemblages. The quartz stockwork formed synchronous with the deposition of the æBugoy QuartzoliteÆ, a very coarse grained mosaic of quartz-orthoclase-perthite along the walls and top of the crystallising intrusion. Stage 3 was terminated by crystallisation of the distinctively vuggy Bufu quartz-syenite phase in the core of the intrusive, with associated antiperthite veins, and the subsequent explosive brecciation of the roof of the intrusion, forming a quartz-fragment breccia from the Bugoy Quartzolite. Retrograde metasomatism during Stage Four was intimately associated with the emplacement of extensive, late-stage carbonate, silica and zeolite veins and widespread selectively pervasive carbonate alteration. The last hydrothermal stage at Dinkidi, Stage 5, is comprised of strong selectively pervasive clay alteration and is associated with fault-related brecciation of the Dinkidi stock.

Jan 1, 1999

By J Dwyer, G Turner, D Pridmore, M Urosevic

Due to their ability to produce high-resolution images of the subsurface to great depths, seismic surveys provide critical inputs to almost all oil and gas exploration projects. However, with some notable exceptions, seismic surveys have rarely been used in mineral exploration. In the past, this was due to both technical and financial reasons. Significant developments on both fronts mean that seismic surveys can now offer substantial benefits to mineral exploration and mining, and surveys conducted for exploration can provide important data sets for mine planning over the life of a mining project.We present case history data that show that seismic surveys can greatly assist with mapping the 3D distribution of lithologies and alteration and, in favourable circumstances, directly detect mineralisation in and around mineral systems. As a result of their high spatial sampling density, seismic surveys are also highly effective at mapping structures that can remain undetected or poorly characterised by drilling alone. These structures may host or provide important vectors to mineralisation. They can also be particularly important when planning shafts, raise bores, declines, stopes and open pit walls. A further benefit of seismic surveys is that they can remotely provide information on geotechnical rock parameters that are used for rippability, slope stability, blasting and ground support.CITATION:Turner, G, Urosevic, M, Pridmore, D and Dwyer, J, 2015. Exploration and mining unified through seismic imaging, in Proceedings Third International Future Mining Conference, pp 117–122 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 4, 2015

By K S. Smith, J Woodhead, K Olson Hoal

Mineralogy is the link between ore formation and ore extraction. It is the most fundamental component of geomet programs, and the most important aspect of a life-of-project approach to mineral resource projects. Understanding orebodies is achieved by understanding the mineralogy and texture of the materials, throughout the process, because minerals hold the information required to unlock the value they contain. Geomet mineralogy programs absolutely require the appropriate expertise and at least three steps of mineral characterisation prior to using semi-automated or other methods: field examination, thorough core logging, and optical microscopy. Economic geological inputs for orebody characterisation are necessary for orebody understanding, and are exemplified by current research in the Zambian Copperbelt, where revised sequence stratigraphy and understanding of alteration, metasomatism and metamorphism can be used to predict topical issues at mine sites. Environmental inputs for sustainability characterisation are demonstrated by recent work on tailings from the Leadville, Colorado, USA area, including linking mineralogy to water quality issues. Risk assessments need to take into account the technical uncertainties around geological variability and mineral extractability, and mineralogy is the only metric that can be used to make this risk contribution.CITATION:Olson Hoal, K, Woodhead, J and Smith, K S, 2013. The importance of mineralogical input into geometallurgy programs, in Proceedings The Second AusIMM International Geometallurgy Conference (GeoMet) 2013 , pp 17-26 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 29, 2013

Chlorination of organic matter by direct injection of chlorine gas or hypochlorite has been investigated metallurgically worldwide with little understanding of the basic chemistry of the passivation mechanisms in- volved. In this paper, chlorination of carbon is attributed to oxidation-reduc- tions, resulting in surface halogenation of graphitic or amorphous carbon. It is proposed that chlorine and carbon interact to form thin coatings of chioro-carbon complexes that block the adsorption of gold cyanide com- plexes, thus passivating the gold adsorption sites of carbonaceous matter. Analytical, spectrographic, microscopic and electron-optical methods have been applied to demonstrate the proposed mechanism of chlorine-carbon bonding, as well as to evaluate the advantages and limitations of chlorination in the pretreatment of refractory carbonaceous gold ores.

Jan 1, 1991

By F Anthes, U Barow

Two tunnels are being bored using a æHydroshieldÆ in section 3.1 of the extension of the Underground railway line 5. At the end of the two tunnels, directly in front of the Hotel Adlon, the shields cannot be retrieved. The steel shell of the shield will be left in place within a sealed concrete block and the reusable components taken out through the completed tunnel. For the first time in Germany, an Underground tunnel is being lined solely by means of UNI rings. BerlinÆs Underground network is 165 km long and has 167 stations. Some 450 million passengers are transported annually. On account of the urban planning modifications that followed reunification, the network has to be adjusted, particularly in the city centre. The most significant project is the extension of the U5 from Alexanderplatz to the Lehrter Bahnhof. After completion, the U5 will be a continuous east-west traffic artery. It will provide a direct link with the new parliamentary and government district, open up new business districts and the cultural centre of the city.

Jan 1, 1999

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

By T Kon, K Ohno

Slag foaming is an important control item in the process of refining molten steel. This study aims to investigate the factors controlling slag foaming by observing the bubble formation behaviour resulting from the chemical reaction between iron oxide and Fe-C alloy in the slag. In this study, 0.06 g of Fe- C alloy was introduced at the bottom of a BN crucible, and 6.0 g of slag (SiO2:CaO:Fe2O3 = 40:40:30) was placed on top of it. The crucible was positioned inside an infrared image heating furnace, where the temperature was rapidly raised to 1370°C at a rate of 1000°C/min in a nitrogen stream, and then held at that temperature for a predetermined time before rapid cooling. Following rapid cooling, the internal structure of the sample was examined using a high-resolution X-ray CT device. The spherical equivalent volume was calculated based on the number of observed bubbles and their equivalent circle diameter. Additionally, the relationship between the volume ratio of small bubbles in the slag volume and the distance from the bottom of the crucible was determined, along with the calculation of bubble density and volume ratio. Under various experimental conditions, numerous bubbles with equivalent circular diameters ranging from 200 to 300 μm were consistently observed. The density and volume fraction of bubbles with circular equivalent diameters between 200 and 500 μm showed a tendency to increase as the distance from the bottom of the crucible increased. Bubbles with equivalent circular diameters of 500 μm or more consistently exhibited lower bubble densities, regardless of their height within the crucible. The formation of larger bubbles is attributed to a decrease in iron oxide concentration within the slag as the reaction progresses. However, this is believed to be due to their higher buoyancy, resulting in shorter residence times within the slag and a reduction in the number of encapsulated bubbles.

Aug 21, 2024

By J Skousen, C E. Zipper

"Prior to the 1950s in the USA, surface coalmines were generally left without any reclamation. As government regulations advanced, mine operators were required to backfill the area and plant grasses or trees. After the federal Surface Mining Control and Reclamation Act (SMCRA) was passed in 1977 in the USA, mine operators were required to conduct pre-mining analyses of the site and to designate a land use that could be achieved after the mining. Common post-mining land uses in the USA are: agricultural uses such as prime farmland reclamation with crops, hayland and pasture, and biofuel crops forestry wildlife habitat building site development.Provisions and regulations for each post-mining land use were developed and practices to achieve successful and sustainable land uses were established. Post-mining conditions should provide ecosystem services and produce lands capable of supporting societal needs in the future.CITATION:Skousen, J and Zipper, C?E,?2014. Post-mining land use options in the Appalachian coal mining region of the USA, in Proceedings Life-of-Mine 2014, pp 153–164 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Jul 16, 2014

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 J Coombes, R Sterk

The efficiency of the Australian and New Zealand stock exchanges relies on a fully informed market: shareholders and investors are fully and transparently informed of all material information relating to the shares. These principles of transparency and materiality are similarly core to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). The JORC (Joint Ore Reserves Committee) Code also includes a principle of competency to ensure that the person providing the material information for public disclosure is suitably qualified and experienced.Since its inclusion into the ASX (Australian Securities Exchange) Listing rules in 1989, the JORC Code has continually improved and evolved in attempts to meet the market’s need for competent, transparent and informed disclosure. The quality and effectiveness of Public Reporting in accordance with the JORC Code is under constant challenge: some practitioners argue there is insufficient regulation, while others argue the need for greater self-regulation.This paper contributes to that discourse by exploring how well the Reporting expectations are met, and, whether Public Reporting in accordance with the JORC Code has a material impact on share-price movement.CITATION:Sterk, R and Coombes, J, 2017. Public reporting – new standards or no standards?, in Proceedings Tenth International Mining Geology Conference 2017, pp 423–432 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 20, 2017

By D P. Blair

Rio Tinto’s Hope Downs Operations are currently mining iron ore in their South Central Pit. Prior to the commencement of mine operations, Hope Downs carried out an extensive archaeological investigation and identified an ancient rock shelter lying within the proposed mine boundaries. The site is significant to the traditional owners/custodians of the land in this part of the Pilbara, and thus the final pit design was changed to preserve the rock shelter, which now lies 30 m outside the mine boundary. In order to further preserve this ancient dwelling from blast-induced damage, blast design procedures were improved over time to minimise the vibration impact when blasting close to the shelter. Blasting and vibration monitoring commenced in May 2008 using pyrotechnic delay sequences and normal-direction firing. In October 2009 electronic delays were used to reverse-fire blasts close to the shelter in order to create a damage zone between the initiating holes and the rock shelter. A detailed statistical analysis of the vibration data shows a reduction in the higher levels of vibration for blasts fired after October 2009, which is most likely caused by the created damage zone. In May 2010, a site-specific vibration model was developed and implemented, and based on Monte Carlo waveform superposition. This model was used to give a further insight and improvement to the blast delay sequences when blasting close to the shelter. However, such models are expensive to implement and have limitations, which reduces their potential for estimating the probability of getting an excessive vibration due to a given blast design. In this regard, it is more realistic and significantly less expensive to use a recently developed probabilistic analysis based on simple charge weight scaling. This analysis shows that there was a higher probability of exceeding prescribed vibration limits at the rock shelter for blasts fired before October 2009 than there was for blasts fired after October 2009.

Nov 8, 2011

"Geometallurgy is a discipline that seeks to improve the sustainability of the extraction of metals and minerals by promoting the smarter use of non-renewable resources, better energy efficiency and greater use of renewable energy. To achieve these goals, development of innovative technologies and approaches are being developed along the entire commodity value chain, starting with exploration and extraction and extending to reuse and recycling. This paper discusses the geometallurgy of industrial minerals with special emphasis on kaolin, a versatile industrial mineral applied in ceramics, paper, paint, plastics, rubber, pharmaceuticals, cosmetics, ink, sealants, adhesives, sanitary ware, glass fibre, toothpaste, animal feed etc. Aspects of kaolin extraction in south-west UK are analysed from a geometallurgical perspective. While geometallurgy already features in kaolin extraction, its role can be significantly expanded by combining advanced in-pit characterisation and orebody modelling with integrated planning and control of the refining and calcination process. This paper highlights the importance of innovation in realising the full potential of geometallurgy.CITATION:Glass, H J, 2016. Geometallurgy – Driving Innovation in the Mining Value Chain, in Proceedings The Third AusIMM International Geometallurgy Conference (GeoMet) 2016, pp 21–28 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Jun 15, 2016

By M Rafty, A Markham, S Atkinson

Australia contains some of the most productive mining areas and is characterised by ancient landscapes and highly variable hydrology. Historical mining of iron ore, coal and other minerals has targeted ore deposits located above water tables, and elevated above creek lines where possible to reduce cost. The downturn in mining caused by falling ore prices over recent years has triggered a drive to reduce cost, maximise yield and delay capital expenditure associated with opening new mines. So as the ore deposits with more favorable mining conditions become depleted there is an increased focus on mining ore associated with valley floors and creek lines. This is demonstrated by a regional assessment of the extent of Channel Iron Deposits (CID) and Iron Ore (Fe) Mines and Deposits in the Pilbara Region of Western Australia (Figure 1). A large proportion of these mines are, or plan to, target high grade CID ore associated with existing creek systems. Figure 2 shows outcropping and inferred sub-cropping CID extents, which suggests there are vast quantities of CID ore deposits throughout the Pilbara Region, intersected by major creeks which could be mined at some point in the future using creek diversions (Atkinson et al., 2017). A similar picture could also be produced for coal mining in Queensland, particularly in areas such as the Bowen Basin.While creek diversions provide an opportunity to maximise the utilisation of these orebodies and extend the life of mine, creek diversions can involve substantial financial, social, environmental and regulatory risks that need to be carefully managed (Markham et al., 2017, Atkinson et al., 2017). This paper discusses the key issues and opportunities associated with diversion decision making. It highlights the importance of using a well-structured assessment methodology that allows key stakeholders to be part of the assessment process and is complementary to material presented in Atkinson et al., (2017). Design considerations for operational and closure designs are presented, as well as mine planning considerations, risks, cost saving opportunities and the benefits of an integrated approach to design. The role technology plays in diversion design and performance monitoring is discussed as are the potential opportunities for the future.CITATION:Atkinson, S, Markham, A and Rafty, M, 2018. Diversion decision making with an integrated approach to design for operations and mine closure, in Proceedings Life-of-Mine 2018, pp 74–79 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 25, 2018

By C Jenkins, M Mativenga, C Stanton, J Gerber

In 2014, Arrium completed an optimisation program on its magnetite concentrator, enabling a reduction in the overall cost base of producing concentrate through an increased ability to treat a wider range of ore types, previously considered waste. The development was the culmination of four years of work, conducted in house by Arrium’s mining development group. The overall intent of the plant design focused on improving the concentrator’s ability to treat a wider range of magnetite ore types. Metallurgical analysis of these feed ore groups outlined a need for more grinding power if production quality was to be maintained and throughput increased. As such, a tertiary grinding circuit was designed which, alongside the rectification of key operational bottlenecks, would allow the plant to continue to produce concentrate at the required specification and rate. The technology chosen for the tertiary grinding application was the XT IsaMillTM, which is known for efficient fine grinding when compared to conventional ball milling. The transfer sizes between the existing comminution circuits were coarsened, allowed for the treatment of different ores at the required rates. The optimisation project was successfully completed in February 2014 after a three month commissioning phase. The initial metallurgical testing and engineering of new equipment proved highly successful with all equipment meeting or exceeding design parameters.CITATION:Stanton, C, Mativenga, M, Gerber, J and Jenkins, C, 2015. Unlocking plant capability through targeted debottlenecking of Arrium’s magnetite concentrator, in Proceedings Iron Ore 2015, pp 185–190 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By M Oyarzún

Direct relationships between rock texture and BWi (grindability index) have been established based on geological and metallurgical information supported by optical microscopy observations, gathered from 731 samples.Each recognised rock texture is observed to be related to a certain BWi range and, this texture is also characteristic of distinct lithological subunits (recognisable at mapping scale). Therefore, this relationship may provide an important tool for early milling in situ estimation.Since each textural type is a response to rock formation conditions, the causality of the relationship between BWi and texture is based on such conditions and, particularly, on the interfacial free energy among its components.According to the abovementioned textural features, the greater the free interfacial energy between mineral components, the greater the necessary energy required to break its grain boundaries and, consequently, the greater the necessary energy required for milling.If the textural evidence indicates that the rock was able to adjust the shape and/or size of its components – in a natural tendency of all systems to minimise energy– then the necessary energy required to break its grain boundaries will be lower.

Sep 5, 2011

By J Gould, T Elkington

Mine operation strategies are commonly optimised with a net present value (NPV) maximisation objective. There are well known properties of a typical mining project optimised for NPV, including high production rates and declining cut-off grade schedules. In practice, however, frequently there are operations that diverge from such NPV-maximising properties. Although a range of reasons for this can be at play, one possible explanation is that operators intuitively adjust their strategies to compensate for the flaws inherent to NPV maximisation. In particular, NPV analysis does not reflect the benefits of managerial flexibility inherent in a mining plan. Real options valuation (ROV) is an alternative approach that addresses this issue. We compare the properties of NPV and ROV optimisation solutions generated for the same scenario. Our simple case study demonstrates that the presence of real operating options in the optimisation model not only entails increased project value as expected, but also tends to encourage lower processing capacity (with lower associated capital cost), higher cut-off grades and greater use of stockpiles.CITATION:Elkington, T and Gould, J, 2012. Real option value optimisation, in Proceedings Project Evaluation 2012 , pp 35-40 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 24, 2012

By J Johansson, B Johansson

The mining industry needs to attract and recruit young talented people. An important task is, therefore, to create an attractive mining workplace that engages with, and motivates youngsters who are not particularly interested in working in the industry. This paper aims to illustrate a way forward for the mining industry to form healthy and safe workplaces honouring key components such as knowledge, skill, co-operation, continual development and acceptance of diversity. This is a way to create a vision of healthy and safe mining work. The mining industry must work towards zero vision; a future without accidents and hazardous environments. In this paper the authors discuss different aspects of an ‘attractive workplace’ and summarises lessons learnt in 26 statements dealing with safety, both physical and social work environments, and social responsibility. The authors hope these recommendations will provide some guidance for how attractive workplaces should be designed for future deep mining.The paper is based on lessons from two large European projects, a Swedish-Polish project: The Smart Mine of the Future; and a European Union project: Sustainable Intelligent Mining Systems (SIMS). One of the authors was the WP leader of health and safety in both projects.CITATION:Johansson, J and Johansson, B, 2017. Attractive workplaces in future underground mining, in Proceedings 13th AusIMM Underground Operators’ Conference 2017, pp 99–102 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 16, 2017