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Portfolio management tends to separate the functions of Asset Allocation and Stock Selection, so the person responsible for reviewing an expert's report on a company would typically be choosing between companies rather than between a company and cash or bonds. How these choices are made depends on the investment time horizon, philosophy and style. Two styles, momentum investing and value investing are contrasted and the role of valuation methods within the framework of each style is evaluated. Finally, pricing is distinguished from valuation.

Jan 1, 1994

By Morrell S

As more and more autogenous and semi-autogenous mills are run in closed circuit with cyclones the limitations that can be imposed by poor grate and pulp lifter design are becoming increasingly apparent. Relevant literature on the subject is al

Jan 1, 1997

By Bassett N

The Eneabba deposit, located 280 km north of Perth, Western Australia, and 30 km inland (Fig. 1) is one of the most recently developed deposits of mineral sands in the world. The area has been in production since 1974, while the Associated Minerals Consolidated Limited (AMA) operation commenced production in 1976. Total ore reserves of close to 400 million tonnes contain about 40 million tonnes of heavy minerals (proved and probable).

Jan 1, 1979

By Diessel C. F K, Ng N

The commonly used Stopes-Heerlen coal petrographic classification and nomenclature has over the years been subject to variable interpretations. This paper discusses the problem with specific reference to the inertinite maceral group. The effect of various interpretations of the Stopes-Heerlen system on maceral analysis is discussed and illustrated by means of comparative analyses conducted by a number of laboratories in Australia. An attempt is made to define the reflectance thresholds used by the authors to subdivide the inertinite group; the genetic and technological significance of these thresholds are compared. The difficulties of distinguishing structured and non-structured macerals of the inertinite group is discussed in terms of possible improvements to the present Stopes-Heerlen system by extending the classification to include transitional maceral types.

Jan 1, 1969

The Gold Ridge Mine is an open-cut gold mine in the Solomon Islands. The mine is owned and operated by Gold Ridge Mining Limited, a wholly owned subsidiary of Ross Mining NL. At the invitation of the Solomon Island Government, project construction commenced in July 1997 and gold production commenced in August 1998. The mine is the countryÆs first, and represents a major milestone in the development of the Solomon Islands. At the time of project approval and construction, there was a growing awareness in the country of the potential impacts of mining in the tropics, partly due to unfavourable publicity surrounding a number of other mining operations in the Pacific region. The management of environmental impacts was therefore an important consideration in the approval of the project, and continues to receive a high level of attention from the Government and community. Ross Mining did not commit to the Gold Ridge Project until it had satisfied itself that all waste rock and tailings could be safely contained on-site, and that the standards normally expected of a mine in Australia could be met. Ross Mining approached the approval, construction, and operation of the Gold Ridge Mine with a set of operating principles that met Government and community concerns. These were:best practice environmental management; operation of the mine in accordance with standards expected of mining operations in Australia; independent peer review of key technical aspects; on-going consultation with Government and community; and equitable transfer of wealth to landowners and the local community. As a consequence, the Gold Ridge Mine has developed into a successful mining operation with a high level of support from local landowners, the general community and the Central and Provincial Governments of the Solomon Islands.

Jan 1, 1999

By M Yadav, K Clode, S Daykin

The mining industry faces numerous challenges related to sustainability and circular economy principles, necessitating strategic approaches to innovation and resource management. As demands for mineral resources continue to rise, mining companies are under increasing pressure to address environmental impacts, minimise waste generation, and optimise resource utilisation. These challenges underscore the importance of Research and Development (R&D) roadmaps as strategic tools for guiding innovation and sustainability efforts within the sector (Jochen Berbner, 2022). A design-led methodology offers a structured approach to R&D roadmap development, emphasising stakeholder engagement, collaboration, and alignment with industry objectives. By leveraging design principles, mining companies can ensure that their R&D initiatives are responsive to evolving challenges and opportunities, fostering a culture of innovation and continuous improvement. Against this backdrop, the project aims to address the pressing challenges associated with sustainability and circular economy in the mining industry. Through the development of R&D roadmaps and the application of a design-led methodology, the project seeks to identify innovative solutions for enhancing resource efficiency, minimising environmental impacts, and promoting sustainable practices within mining operations. This paper highlights the collaborative efforts among Isle, the mining industry, and water utilities, which have yielded tangible benefits. The study demonstrates how the outcomes from the roadmaps outlined below effectively align research with strategic objectives, fostering innovation to address pressing challenges.

Sep 1, 2024

By Montini A

The dynamic behaviour of the load in a pilot-scale ball mill has been measured as a function of axial position within the mill, end plate lifter design, load volume J (percent of mill volume), percent solids in the slurry S and mill speed N (percent of critical speed). Conductivity probes were inserted through the shell of the mill to provide online measurements of the dynamic orientation of the load in the mill. It was found that 1. the height of the shoulder of the load is increased by increasing J, S or N. 2. Measurements of the effect of S on the location of the shoulder of the load should be very useful in mill control strategies. 3. The axial centre of gravity of the load in the mill is not affected by operating conditions. 4. The presence of lifters on the feed end plate does not affect the torque drawn by the mill. 5. Holdup of slurry in the mill is a strong function of slurry viscosity and a weak function of mill speed.

Jan 1, 1986

By Esaki M, Nishimura K

This paper describes the results of the field application tests at Miike Colliery on the integrated automatization of the longwall mining system for medium thick coal seam. The purpose of the research is to develop an automatic longwall mining system which can be controlled accurately from outside of the face, and the ultimate goal is an eliminate of men from the face. Presently, the field test is being conducted in Yotsuyama mine following to a success in the performance test on surface. Remote Batch Control System for shield supports has been adapted to operate all supports from the control panel located at the entrance of the face. Remote monitoring and control system of the drum shearer has also been tested. The system makes it possible to operate the shearer either at the main gate or full automatic. Productivity and safety will be substantially improved as those systems enable to eliminate all workers from the face under the severe working conditions with high ground pressure and hot and humid atmosphere due to increasing mining depth. So far, we have been satisfied with the results of the field test and those system will be an effective countermeasure to operate the face with a high risk of rock-burst.

Jan 1, 1987

By B, T Norgate, S Sanetsis, R Davidson

Global cement production accounts for about five per cent of man-made CO2 emissions (WBCSD, 2002). Such operating practices will increasingly be considered unsustainable, unless significant reductions in environmental impact can be realised by the industry.Slag is a high volume waste product from ironmaking, with about 300 kg of slag being produced per ton of iron. Critically, one ton of slag waste, if used as a replacement feedstock for Ordinary Portland cement (OPC), can prevent around one ton of emitted CO2 since no calcining is required. Slag cement blends can also show superior properties compared to OPC, such as lower heats of hydration and higher late strengths, but more development is needed to overcome their low early strengths. Rapid quenching of molten slag is required to produce æhydraulically-activeÆ binder when reacting with OPC; but water quenching can also require between five to ten tons of water per ton of slag at the plant. æDryÆ granulation (atomisation) is emerging as an alternative technology, the resulting solid product does not require drying, and possibilities exist for recovering heat energy from the hot slag.CSIRO Minerals has well-developed skills and equipment in pilot-scale pyrometallurgical treatment, and granulation of molten slag, including traditional wet, and also dry methods. Techno-economic desktop studies can also be used to help quantify factors such as value-adding of treated waste products, potential reductions in CO2 emissions and carbon credits, reductions in water consumption, and the possible decreased energy costs associated with fine grinding of dry slag granulate.The authors will present preliminary results from slag atomisation/dry granulation testwork (0.5 - 2.5 kg scale) and associated modelling studies, conducted using a æsyntheticÆ and industrial ironmaking slag. Outcomes from a techno-economic study on production of cement utilising wet or dry atomised slag granulate will also be discussed in detail.

Jan 1, 2004

The pilot scale testing of Australian coals for their NO, emissions was carried out at the ACTC to investigate the influence of coal properties, furnace conditions and different NO,, control strategies on NO,, emissions. The NOx emissions for the Australian coals tested were found to vary over a wide range and primarily depended on combustion temperature and excess oxygen conditions. These coals did not exhibit any fundamental difference in NOx levels to other world coals. Under similar combustion conditions, the conversion of coal nitrogen to NO. was found to be best correlated with coal rank parameter, R, max per centage. The use of staged combustion as a control strategy was shown to reduce their NOx levels by 56 - 77 per cent.

Jan 1, 1991

By A R. Firth

The induration furnace for iron ore pellets was originally designed to process concentrates with high contents of magnetite. To support the use of haematite concentrates, internal fuel was added to the pellets in the form of ground coke breeze or anthracite. To ensure that the addition of coke breeze was not excessive, the ‘heat of magnetite equivalent’ or heat of magnetite equivalent (HME) relationship was developed, guaranteeing that the fi ring temperature requirements remained the same. However, this oversimplifi es the different reaction paths of magnetite and carbon in iron ore pellets. At fi ring temperatures, gas diffusion controlled reactions such as the combustion of coke, the calcination of carbonates and the reduction and oxidation of iron oxides can all occur in different parts of the pellet simultaneously. The interaction of these reactions produces a range of atmospheres across the diameter of the pellet that vary from oxidising at the pellet shell to reducing at the pellet core. Mathematical modelling and pellet fi ring experiments to preheat temperatures before quenching have shown that a higher proportion of coke relative to magnetite slows down the oxidation process, irrespective of temperature. A higher temperature, however, results in an increase in the rate of haematite reduction in the pellet core and a more reducing atmosphere, which could lead to different sintering rates in different parts of the pellet and shrinkage cracks forming. To observe these gas-solid reaction rates at a larger scale, the COREM pot grate has been updated with an additional oxygen analyser. This, along with other improvements, will allow better optimisation of straight-grate firing cycles for different pellet compositions.

Jul 11, 2011

The treatment of mixed lead carbonate and lead sulphide concentrates at Mount Isa presents a problem which is unique ,in the lead smelting world; a problem whose solution is far from simple, and is not yet complete. Two years of study under plant conditions have definitely proved, however, that a most satisfactory sinter can be made in a single-pass roast.The object of this paper is to present a brief record of the development of the single-pass roast and a resume of current practice in the smelting plant. The sintering operation is discussed in greater detail, as it is upon this phase of the work that every item in the smelter operating programme depends.The smelter, to-day, presents a very much simplified layout, equipped for economical, straightforward operation, requiring, however, very careful and constant supervision, due to the extreme delicacy of the sintering operation and to the rapid and wide variati9n in the nature of the concentrates which are to be handled.

Jan 1, 1933

By Baafi EY, Sun Y, Tague I

Field trials at three New South Wales and one Queensland coal mines were carried out to gather data on oxygen "run out" times of Self-Contained Self Rescuers (SCSRs), time taken to escape from the mine, distances travelled and the average heart rate of subjects wearing SCSRs. The study has led to a method of predicting the duration of oxygen supply from a SCSR as a function of the wearer's body weight, physical fitness and the prevailing environmental conditions. Escapeway design, planning for emergencies, familiarity with SCSRs and experiential escape training are critical to control panic and maximise the likelihood of survival of a person attempting to escape in an emergency involving fire or explosion.

Jan 1, 1998

This paper firstly reviews the requirements for container and hopper design for reliable discharge. Discussion is then directed to the evaluation of the consolidation stresses acting in both in both the cylinder and hopper sections during both initial and flow conditions. Here the vast difference, especially in vicinity of the bin outlet, between the initial or filling and flow conditions is highlighted. This vast difference has major design and operation implications. A further major implication is that all bulk solids must dilate to flow. The opportunity to simultaneously attain reliable discharge and partial moisture removal is also examined.The selection of design parameters to maximise the consolidation stresses in both the cylindrical and hopper sections is detailed. In regard to the latter, it is recommended fine coal bins be discharged using low friction lined transition hoppers with large outlet spans. Such outlets will discharge fine coal in a relatively compacted state. This compaction state should exhibit minimum water retention and short term moisture uptake.

Jan 1, 1998

By A G. L Pratt, M S. Kemp

BHP has used many innovative techniques when recruiting its workforce for the Cannington Project. Looking for a balance of experience and enthusiasm it was necessary to develop pre-selection tests to reduce the initial number of applicants to a manageable number for first interviews in Townsville. Success at this stage led to an applicant, and their spouse, to go through a second interview at the mine site. The full process from application to job offer took up to six months, but the results were felt to be worth the effort. The approach taken has resulted in a highly motivated and flexible workforce. This paper outlines the philosophies behind CanningtonÆs recruitment process, highlights some of the issues associated with the approach, and offers some measures of the outcomes.

Jan 1, 1998

By L Clarke, R N. Campbell, F Bourke, J Anderson

Lithological units have been classified geotechnically with mechanical tests and discontinuity measurements from the GRD Macraes Limited, Macraes Gold Project and Rotowaro coal mine open pits, New Zealand. Using these measurements slope stability probability classifications (SSPC) have been quantified based on an adaption of Hack's (1998) SSPC system which places less influence on rock quality designation and unconfined compressive strength than previous slope/rock mass rating systems. The Hack weathering susceptibility rating has been modified by using the chemical index of alteration values from XRF major element analysis. Slaking and weathering is an important parameter in slope stability in the Waikato Coal Measures and Otago schist lithologies and hence a non-subjective method of assessing slaking/weathering in relation to the chemical index of alteration has been introduced. Other major components of this adapted SSPC system are the inclusion of rock moisture content and rock strength anisotropy effects on slope stability. This paper explains the systematic approach of using the adapted SSPC system to classify slope stability probability. The main modifications of Hack's SSPC system are the introduction of rock intact strength derived from Mohr-Coulomb failure criteria which has been adapted for varying moisture content, weathering state and confining pressure. It is suggested that the subjectivity in assessing intact rock strength within broad bands in the initial SSPC system is a major weakness of the initial system. Initial comparison of rock mass friction angles, cohesion and strengths derived from the adapted SSPC are compared with results derived from modified Hoek-Brown criteria, MRMR and SMR classification systems. The advantage of the modified SSPC system is that slope stability probability, maximum batter and overall slope height and overall slope angle for open pit walls can be predicted in addition to orientation dependent and orientation independent stability. Examples are provided, using the modified SSPC system to predict initial optimum pit slope designs in proposed greenfield mine sites.

Jan 1, 2000

Madison Enterprises Corp. and Matu Mining are currently ex- ploring the Mt. Kare property in Papua New Guinea. The Mt. Kare gold prospect has had a short but very active history, since the first discovery of gold in the area in 1986 the property has sccn: a 3 year gold rush during which 10,000 alluvial miners re

Jan 1, 1997

By S Pradhan, A Kuras, R Mahajan

This paper describes the design of the precast concrete segmental lining for the 13.1 m internal diameter and 450 mm thick, 2.4 km long mainline tunnels for the Waterview Connection project in Auckland for the New Zealand Transport Agency.The design and detailing of this segmental lining presented some noteworthy challenges, including an alignment that has sections of low cover in soft ground. Key points of interest are that this precast segmental lining is the largest to ever include steel fibres as the primary method of reinforcement and the lining includes cams on circumferential joints to control ring deformation.The paper describes some of the key design decisions that were made in a collaborative manner with the construction team, tunnel boring machine manufacturer, segment manufacturer and the designers.CITATION:Mahajan, R, Kuras, A and Pradhan, S, 2014. Design of segmental lining for Waterview Project, Auckland, New?Zealand, in Proceedings 15th Australasian Tunnelling Conference 2014 , pp 289–294 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 17, 2014

By Scoble M, Peck J

This paper reviews the instrumentation and monitoring of blasthole drills and electric mining shovels at a surface coal mine in western Canada. The drill monitoring component involved the development and implementation of microprocessor-based hardware on Bucyrus-Erie 45R and 60R drills. Over a two year period 3800 metres of blasthole drilling were monitored The drill data was subsequently correlated with core and geophysical logs towards identifying unique and reproducible ranges of performance parameter data for the different rock types penetrated. Using this technique, the geology of the study area benches was characterized in detail. Once these same benches had been blasted, the performance of a P&H 2800XP shovel was monitored as it worked through the blasted ground. In this regard, the influence of different digging conditions on shovel performance were identified in a range of blast and geological environments within the study area. The precise nature of these environments was confirmed by a correlation with the interpreted drill monitored data and muckpile size distributions obtained from a digital photo-analysis study. The excavation of 500 000 bcm of waste was thus monitored and a digging index derived which reflected variations in muckpile diggability. The paper concludes by proposing an integrated monitoring approach which, as a first step, uses interpreted drill data for explosive loading. This capability would permit greater accuracy in explosives loading ie. charge placement within higher strength lithologies, while avoiding weaker units. The performance of an instrumented shovel would then be monitored as it works through the resulting muckpile. Interpretation of the shovel performance data would determine the overall quality of the blast in terms of a digging index (DI), providing an indication of the relative digging effort and the effectiveness of the blast design.

Jan 1, 1990

By Newell RB

Grinding circuits are used in most mineral processing plants. Their widespread application makes the efficient running of the circuits essential to almost all resource projects. This paper will show that, with the application of modern multivariable control techniques, improved plant performance can be obtained when compared with conventional single loop control strategies. Results are presented for a simulated closed-circuit ball mill.The grinding circuit was controlled using the rod-mill water and primary and secondary sump dilution flowrates as the manipulated variables. Variables controlled were the primary cyclone feed flowrate, the primary cyclone feed density and the particle-size measurement (percentage smaller than 75 um).

Jan 1, 1985