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Companies involved in the mining industry are exposed to risks, referred to as corporate risks, as part of the business process. Directors and management should be aware of these risks and make appropriate business decisions to address each risk. If business risks are not addressed on a timely basis the consequences are likely to be serious and will adversely impact the ultimate success of the business.The key corporate risks are:Poor cash flow and treasury management. ò Incompetent or unmotivated staff.ò Poor product quality.ò Accounting systems that do not provide meaningful and timely information.ò Computer system deficiencies. ò Ineffective credit screening.ò Assets not adequately protected.ò New ventures undertaken that are either inappropriate or not adequately researched.Exposures to corporate risk should be dealt with by Directors and management by systematically identifying major risk areas and implementing appropriate internal and management controls to deal with such risk areas. Proper management controls and procedures include the setting of overall corporate objectives and policy, monitoring adherence to such policy, establishing early warning systems to highlight problem areas and maintaining security over assets.

Jan 1, 1990

By M Gao, V Lawson, W Valery

Changes in metal prices and mine output over recent years have required the Copper Concentrator of Mount Isa Mines to operate at annual tonnage rates varying from 4.0 million to 6.5 million tonnes. Several circuit combinations were operated during this period utilising up to two semi-autogenous grinding (SAG) mills and up to two ball mills. The aim was to maximise grinding efficiency and keep unit costs constant regardless of throughput rate. Measures to improve the SAG-ball mill unit operation were implemented with each circuit change. These included installation of a splitter to divert SAG Mill cyclone underflow back to the mill, increase SAG ball charge from four per cent v/v to eight per cent v/v, reduce in SAG top feed size and increase of ball mill grinding medium size. Modelling work and surveys led to a new design of the SAG liner profile from 60 rows of rail bar liners in a high-low arrangement to 40 rows of top hat liners in a high-high arrangement. An on-line SAG Mill feed sizing monitor was recently installed to improve grinding control.

Jan 1, 2000

Palaeostress analyses of the northeast-dipping Koki Fault Zone demonstrates in the hanging wall an east-west compressive stress and sinistral reverse-slip. Data from the footwall region are more uncertain and may relate to rotation of the stress field during fault motion. The fault-plane solution of the 1979 Port Moresby earthquake (Modified Mercalli Intensity 5-7 at epicentre 70 km east of Port Moresby) shows east-west compression and a stress field identi

Jan 1, 1997

The optimisation of capital in the total planning context has broadly two components: ò maximising the efficient utilisation of capital against competing capital demands; and ò maximising the efficiency with which the industry's capital requirements are sourced. This paper focuses on the latter of these two concepts, as I wish to highlight that within the coal industry the inefficient sourcing of capital has resulted in the inefficient utilisation of capital. In discussing the optimisation of capital within the coal industry I would like to outline three fundamental issues which currently impact the industry and its application of capital: Initially, from the perspective of an independent investor, the perceived risk associated with investing in a volatile industry cycle has not permitted appropriate funding structures to be created thus leading to an inefficient utilisation of capital. Secondly, investors seeking out a windfall gain have established a practice of trading in the assets rather than encouraging recapitalisation. And lastly the mismatch of supply and demand leading to the establishment of new projects which include a percentage of offshore investment has fostered an environment of lower returns and subsequently a dilution of capital.

Jan 1, 1991

By Sloan GJ, Lysnar RD

Since the of Bergstrand's Geo-dimeter in 1946, and Wadley's Tellurometer in 1956, there have been numerous Electromagnetic Distance Measurement (EDM) instruments produced throughout the world by a variety of companies.This form of measurement has not merely replaced other methods of measurement, but has caused considerable change of emphasis in survey techniques. Major control surveys are now being accomplished using trilateration instead of triangulation. The surveying of open cuts or engineering work may be done in a fraction of the time and, in the majority of cases, to a greater degree of accuracy than with older methods.It is surprising that with this new tech-nology and development of EDM equipment which is compact, easy to use and no longer so expen-sive, no advance has been made in underground surveying. If we look at equipment being used by the majority of mining companies, we see that there have been very few changes since the Second World War. Very little research has been carried out to enable the surveyor to do his work more easily in conditions which, at the very least. are hazardous.

Jan 1, 1984

By Dixon CA

In the early 1970s, Jim Walter Resources, Inc. (JWR) embarked on a coal mine expansion program that was unparalleled in the history of the United States. With a small nucleus of people then operating two rapidly depleting captive mines, action was initiated to develop four of the deepest mines in the United States. Because of the depth of these mines, operational and technical problems were anticipated. However, because of the high quality of the coal (Blue Creek Seam), the financial risks involved were acceptable. The total investment to get the expansion program completed (to get the new mines to full capacity) would represent an investment of over US$ 500 million.By the end of the decade of the 1970s, the Company had grown to 2100 employees who were producing 1640,000 tonne of saleable coal per year, a productivity rate of 3.9 tonne per man-shift. This productivity rate was not sufficient to maintain a profitable, viable organisation. Therefore, if the operations were going to survive, it would be necessary to improve productivity tremendously, a task which would tax the resources and imagination of all employees.

Jan 1, 1991

By D Cai, E Baafi

Various enabling technologies and systems have recently been introduced in the mining industry. Such systems include miner-bolters with concurrent cutting and bolting, employment of two shuttle cars, adoption of self drilling bolts and utilisation of continuous haulage or monorail systems. The paper discusses how Flexsim discrete event simulation models were used to assess how these proposed mining systems can best be used to achieve and sustain high roadway development rates of 10 m per operating hour for 20 h/day.

Sep 26, 2011

A mining operation can be identified as demonstrating prudent management when a number of vital characteristics are evident.All risks and opportunities that are critical to the on-going success of the operation have been identified and are being effectively managed. All significant tasks and events are plan driven. All levels of management visibly support the policies of the operation through their attitude, behaviour and actions as well as words. Supporting evidence for required activity and the outcomes is readily available. Improvement mechanisms are working to advance the key business processes. Everyone is working towards satisfying the needs of the stakeholders of the operation. When these characteristics are integrated with the satisfaction of all legislative requirements, all industry codes and optionally all relevant international management system standards then an operation is fulfilling all the requirements of a Due Diligence Process. The majority of mining operations do not show all of these characteristics and therefore unnecessarily suffer from missed profit opportunity and constant cost pressure, less than acceptable safety and health and environmental performance and consequent poor relations with employees, unions and regulators. In these operations the characteristics to be observed are quite different.Serious incidents are occurring with no sign of a rate decrease. The operation lurches from one panic ituation to another. Management are absent in their leadership, but very active in developing rules and enforcement methodologies. The operation has no history. Re-inventing the wheel with employees who come and go at an alarming rate seems to be forever occurring. All efforts are directed at controlling the business outputs with a strong emphasis on blame. Everyone is trying to look busy to avoid the ever-present cost reduction threats. To change to more prudent management utilising a Due Diligence Process is not theoretically difficult. However it does take clear direction, focussed efforts, supporting actions with appropriate tools and perhaps most importantly an internal desire and drive to become such an operation. A Due Diligence Process is about doing the important things that have to be done, providing the understanding of why they are important, demonstrating proof of activity and effectiveness, and leading the way through effective management.

Jan 1, 1998

By K Barbosa, G Wilkie, F Reyes, V Jokovic, C Evans

The idea behind Grade Engineering is to exploit the natural heterogeneity of an orebody (spatial, temporal) in order to divert low-value waste out of the mining value chain. Essentially, this involves rejecting material at relatively coarse particle sizes (10 mm to 200 mm). However, lack of knowledge about the inherent particle grade distributions in these coarse particle size ranges limits the opportunities for optimisation. Particle grade distributions are essential for quantifying and modelling gangue liberation and yield curves. These curves can then be used to predict the mass and value flows that will go towards the accept and the reject streams. Particle grade distribution information for particles coarser than 10 mm can be collected based on chemical assays of sufficient number of individual particles. However, for smaller particles (1 mm to 9 mm), a significantly larger number of particles is required for assays. Moreover, in some cases, the mass of individual particles is smaller than the minimum mass required for chemical assaying. Also, other quantification techniques such as automated mineralogy, eg Mineral Liberation Analysis (MLA), require extended measurement times to analyse statistically representative numbers of particles at these size ranges. This work investigates the use of 3D X-ray microtomography to fill this quantification gap at these size ranges (1 mm to 9 mm). In-house image processing algorithms are used to estimate the mineral/metal content in each particle. Particle grade distributions, as well as density distributions, are thus produced without a minimum mass requirement and with each scan providing information about tens to hundreds of particles at a time. Mineralogical data from MLA analysis, of finer size ranges, is used to inform X-ray microtomography, so a simpler 3D mineral map can be obtained using the image intensity. Chemical assay information of the scanned samples is used to validate and correct the mineral phase segmentation.

Aug 24, 2022

By J M. Menacho, L Zhang, A Hoadley, L Verdugo, B Etschmann, W Bruckard

Since the introduction of Lithium-Ion Batteries (LIBs) in 1991, the market for lithium-ion cells has been driven by the high demand for portable electronic devices and more recently for batteries for the electric car industry. It is expected to grow rapidly to reach 2600 GWh globally by 2030 (US Government, Office of Energy Efficiency and Renewable Energy, 2021). However, there is a desperate need to recycle LIBs to recover valuable cathode materials and graphite. For this reason, several physical and chemical recycling technologies have been proposed to recover these materials from spent batteries. Amongst these, froth flotation technology is a potential cost-effective technology for separation of the graphite fraction from the lithium oxide components due to the natural hydrophobicity of graphite and density difference between graphite and cathode materials (Folayan et al, 2021).

Aug 24, 2022

By D Whitworth

The Golden Pig mine has embarked on a diamond drill program design philosophy that increases flexibility of the program by greatly increased drill pattern densities. The use of standard broad pattern diamond drilling at the Golden Pig mine has previously lead to operational inefficiencies and impacted significantly on the costs of the mine. The diamond drill program philosophy and its interaction with mine planning is explained. The case study of the E lode mining as used to internally justify the increased drill densities is detailed.

Jan 1, 2002

By Miller D. R

The mineral exploration and extraction industries have gained major cost and efficiency benefits from the use of computers. However these industries are now at a cross-roads with two seemingly disparate developments - that of an increasing number of complex geoscience databases and, at the same time, the merging of all known data for the particular regions at minimal cost. These two developments can be managed by the development and of an industry accepted geoscience data model and dictionary. This will provide a common basis of understanding for geoscience data through a common language and a common structure for geoscience information. Integration of specialist systems and databases can then proceed efficiently. The development of a data model is going ahead with consensus from the mining industry. This is a joint government and industry funded project and managed through the Australian Mineral Industries Research Association, AMIRA. AMIRA is a well known research broker to the Australian mining industry obtaining sponsorship for projects both from private and government groups. The AMIRA project, P431, called the Geoscience Data Model, is to be the Australian standard data model for geoscience disciplines. The requirement for a standard geoscience data model has been recognised in Australia for some time. In October 1991, the Australian Government Geoscience Database Policy Advisory Committee (GGDPAC) established a Geoscience Data Standards Working Group which drafted a comprehensive list of data categories of the geoscience area. An AMIRA project called AMDEX was established to develop a transfer standard for the mining industry data at about the same time as this committee was in operation. The first AMDEX sponsors meeting was held in May 1991. It was proposed to use the US Spatial Data Transfer Standard (SDTS) as the basis to transfer mining data in AMDEX. A limited data model of mining data to be transferred was developed for the AMDEX standard under SDTS. The Australian Geological Survey Organisation (AGSO) saw the need to extend this and develop a complete data model for the geosciences and proposed this as a new project to AMIRA. This was strongly supported by GGDPAC which lead to sponsorship of the project from most state geological surveys. The Geoscience Data Model can be broken down into separate data models for a number of geoscience themes and sponsorship obtained so far will enable models to be developed for a comprehensive set of themes selected by the project sponsors. Further sponsorship is required to enable a more complete coverage of the geoscience area to be developed. Sponsorship for the Geoscience Data Model has been strong from the geological surveys and there was some effort by GGDPAC to promote the project in these organisations. An Australian geoscience data model is of immediate use to the geological surveys in assisting the standardising of huge quantities of geoscience data held by government agencies and it is preferable that this be an Australia-wide standard.

Jan 1, 1995

By R Terracciano, J Schneider

Willemite (Zn2SiO4) is one of the main zinc carriers in several Neoproterozoic carbonate-hosted non-sulfide deposits ofNamibia and Zambia. Willemite commonly replaces sphalerite, but it may also replace the carbonate host rocks. Fluid inclusions, cathodoluminescence petrography and trace element geochemistry are crucial to distinguish between hypogene, high temperature and low temperature (possibly) supergene willemites. A global period of willemite mineralisation, extending from Cambrian to Lower Ordovician has been proposed for the southern hemisphere. An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation.

Jan 1, 2008

By G Chitombo

Mass mining methods have become the mining industry’s preferred way of extracting most of the world’s most important metal and mineral commodities. Given the rapidly increasing global demand for commodities, the requirement to increase the contribution of some of these (eg copper and gold) from underground sources also continues to grow. In the case of copper this contribution is needed by a number of major producers to supplement production from their ageing deep open pits. Satisfying this increased demand will require the design, construction and operation of more effective, higher capacity and larger scale mines which, in turn, will require enhanced mass underground mining techniques such as block caving (BC), panel caving (PC) and sublevel caving (SLC).It is now widely accepted that future discoveries of orebodies, which will be developed using these methods, are almost certainly to be much deeper than the deposits presently being mined in this way and made more challenging because of the likelihood that the associated grades may be much lower than currently mined. The design and mining of future large-scale cave mines (supercaves) will become crucial in order to extract full value from such deposits. An essential prerequisite of this will be a much improved knowledge of the deposit, ie Total Deposit Knowledge. In this context, Total Deposit Knowledge is the characterisation of the ore deposit and its surrounds at all scales and includes; rock type (lithology), the spatial orientation of a range of geological features or discontinuities, rock mass fabric knowledge, metal grade and distribution data, geometallurgical data (including alteration), geo-hydrology, permeability and porosity. This is the information that will be used, as now, to delineate geological and geotechnical domains and construct models, but with outcomes superior to those presently available. From this information better-informed feasibility study design decisions and performance predictions must be made. In summary more geological information and analysis is required and this needs to be aligned to potential mining and processing requirements much earlier in the project than commonly occurs.

Aug 22, 2011

By P Hanna

In an effort to improve returns to shareholders, the Australian Mining Industry has consolidated considerably over the past decade or so. Technical services at mines have been re-structured, whilst those at corporate offices have been all but eliminated. A recent study of the role of the geologist in BM Alliance Coal Operations Pty Ltd (BMA), showed the adverse impact on the companyÆs performance due to a lack of geologists. With an education campaign, to demonstrate the contribution of geologists to the æbottom lineÆ and in increasing the options available to the company, the value of the geology role became better understood. The implications of the loss of invaluable corporate knowledge, when long serving geologists left the company, also became clear. Steps have since been taken to increase the numbers of company geologists, particularly on mine sites. In common with other sectors of the mining industry, the Australian coal industry is experiencing a critical shortage of experienced coal geologists, as companies have found in recent recruitment efforts. This is further evidence that the recommendations from the recent study by World Competitive Practices, commissioned by The Australasian Institute of Mining and Metallurgy, æRising to the ChallengeÆ have not been adopted. People, and the mineral resource base, are the assets from which mining companies gain a sustainable competitive advantage. Geologists, as the nexus between the resource base and people, are in a unique position to enhance the profitability of their companies. To maximise their contribution to the industry, and ensure that they receive due recognition, geologists must adopt a more commercial approach in their work and take a front foot stance in promoting their value to management. Geology is a core competency for all mining companies. The tendency for companies to outsource this function, to the detriment of the company geologist role, is not sustainable in the longer term. TodayÆs geologists need to work closely with management, technical and human resource professionals, universities and schools to ensure their significant value is well understood, and that the industry can attract, train and retain new recruits through the implementation of graduate programs and company career paths.

Jan 1, 2003

The Australian Mineral Industry has to compete on world markets, so its mineral research has to be aware of overseas developments, it must be of world class, and it must utilise as many ideas as possible in order to solve those problems that uniquely affect Australian minerals processing. North American mineral and resource research may be taken as a guide to world government, industrial, contract, and entrepreneurial research trends and ideas. A number of interesting findings are noted that may guide Australian developments and strategies for the future, in minerals research and exploitation.

Jan 1, 1986

By M T Roche

The Cannington deposit is one of the largest accumulations of silver-lead known. Located 135 km southeast of Cloncurry in North West Queensland (Figure 1), Australia, the deposit is currently in the feasibility stage of its development. The deposit is named after the nearby Cannington Pastoral Property which runs some 25 000 sheep on 'downs' country. The investigations of the Cannington deposit are carried out under the authority of Mineral Development Licences 139 and 144 and Exploration Permit for Minerals 6788, Answer Downs. Exploration for Broken Hill Type (BHT) silver-lead-zinc deposits in the Mt Isa region has been undertaken by The Broken Hill Proprietary Company Limited's Minerals Division (BHPM) since the early 1980s following in-house research which showed that the Eastern Succession of the Mt Isa Block exhibits characteristics which were favourable for hosting BHT

Jan 1, 1994

By N LaBranche

The resurgence of Silicosis and Coal Worker’s Pneumoconiosis (CWP) in coalmines has placed the spotlight back on the management of worker exposure to particulate matter across all mining sectors (Coal Workers Pneumoconiosis Select Committee, 2017). There already exists a substantial body of knowledge on particulate matter and its impacts upon human health (National Academies of Sciences, Engineering, and Medicine, 2018). The contribution of silica to respiratory disease is well known and there is a growing concern for exposure to diesel particulate matter. However, it is also clear that there are major gaps in our understanding. In part, those gaps relate to the contribution to adverse health effects of mineralogical constituents in the dust (LaBranche et al, 2021a). It is also becoming evident that the size and shape of the particulate matter can affect its potential impact on human health.The University of Queensland has developed a methodology for characterising respirable and inhalable dust samples using scanning electron microscopy. Multiple samples from numerous mining operations have already been analysed using the UQ methodology. The process has been successful in showing the variety of mineralogica lcomponents and particle size distributions presentin various areas of the mines.

Oct 12, 2022

By N N. Viswanathan, D Kumar, S Kumar

In secondary steelmaking, calcium treatment is practised to modify the solid alumina or spinel inclusions into liquid or partially liquid calcium aluminates. It has been seen that the dissolved calcium reacts with sulfur or oxygen present in the steel to form CaS or CaO type of transient inclusions. Post-calcium treatment these transient inclusions further react with pre-existing alumina or spinel inclusions and modify them. In addition, direct modification of pre-existing inclusions is also reported in the literature. In the present study, laboratory-scale induction furnace-based experiments are carried out to melt electrolytic iron in an alumina crucible followed by deoxidation with aluminium. The CaS-based composite material, prepared in-house, is added after the aluminium deoxidation to study the stability of CaS at the steelmaking temperature. Multiple steel samples were also taken to track the dissociation of CaS by means of sulfur pick-up in steel. Additionally, inclusion analysis of these steel samples was also performed to track changes in the chemical composition of inclusions in response to CaS addition. It has been seen that the CaS dissociates leading to a gradual pick-up of sulfur in steel. The scanning electron microscope – energy dispersive X-ray spectroscopy (SEM-EDS) analysis reveals that the alumina crucible and floated alumina inclusions are modified into calcium aluminates and the extent of modification depends on the contact time of CaS with the two sources of alumina mentioned earlier. However, the modification of alumina inclusions in the bulk steel did not occur during these experiments.

Jun 19, 2024

The law relating to the Treaty of Waitangi is developing rapidly at present. A number of separate, but related, developments can be identified.

Jan 1, 1988