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Alliance Gold Mines was established in the early part of 1994 to acquire the assets of Diamin Resources NL at Maldon, Victoria. These comprised Exploration Licence 3422, some 20 sq km in area and enclosing the main part of the Goldfield, and a CIP plant - with a nominal capacity of 250 000 tpa - which was commissioned in 1988. Between 1988 and 1992 Diamin had mined - by open pit methods - and milled around one million tonnes of low grade gold ore, and recovered 55 000 ounces of gold. By 1992 the known shallow resources had been depleted. Historical gold production from the Maldon field is about 1.75 million ounces, at the surprising average recovered grade of 28 g/t. The last significant mine closed in 1926: since then there has been no comprehensive exploration program, though Lone Star Exploration NL tested part of the field for shallow open-pittable resources in the 1970s and Carpentaria Exploration Company Pty Ltd carried out widely-spaced drilling on the three main reefs from 1979 to 1982. Diamin (1983 - 1994) commenced a careful compilation of old mine records and newspaper clippings, and drilled several cored holes.

Jan 1, 1996

This paper explains why the valuation of mining assets is often a very different exercise from the valuation of the shares in the mining company which owns those assets. The fundamental reason for this is that mining assets, and the shares of the company which owns those assets have different risks. In order to properly value mining securities it is essential to: ò ensure all the different risks and other factors which impact on the value of the mining assets and the value of the shares are taken into account; and determine the extent to which the different risks and other factors are addressed in the value of the mining assets and the value of the shares so as to avoid double counting or not counting at all. If the alternative, but far from consensus, view is accepted that the correct valuation methodology to apply to shares in mining companies should be based on option pricing theory then conventional valuation practice of both mining assets and shares in mining companies will need to be fundamentally reassessed.

Jan 1, 1994

By D Ryan

Following a long period of increase, there has been a reduction in exploration expenditure and activity in Australia over the past two years. During the post Second World War period, exploration was largely driven by mining companies seeking resources to satisfy an increase in world demand, while increasing their asset base as a result of mineral discoveries. In general, return on investment to shareholders was not the major driving force. With the exception of gold the mining industry has been faced with a long-term fall of metal prices in real terms. As a result the net profit return on average shareholderÆs funds in the Australian minerals industry has fallen from over 20 per cent in 1990 to less than five per cent today. Mining is now competing for funds with communication and finance based industries yielding high returns on shareholder investment. Shareholders and superannuation fund managers seeking a high return on short-term investments have indirectly reduced the funds available to the mining industry. Globalisation of the mining industry is leading to the rationalisation of the Australian mining industry as witnessed by mergers and acquisitions of local companies by foreign investors. The return on capital invested in the Australian mineral exploration industry must improve if the industry is to be competitive on a worldwide basis. Failure to achieve this will result in capital flowing overseas or to other industries. Relatively short-term upswings in metal prices which are generally driven by threats to the supply base (eg strikes, mine closures, increases in country risk) often lead to increased capital raisings for exploration funding. As a consequence of the time taken to raise the capital and increase exploration activity, measured exploration activity lags the metal price increases. There are also lags between commencement of exploration and discovery and ore production. In the case of gold exploration expenditure peaked six years after the price rise of 1980 Companies persevering with exploration in the current difficult period will be rewarded because they will be able to capitalise on future metal price rises and a minimised time lag.

Jan 1, 2000

By Hart J. G, Anderson J. S

The presence of platinum metals in the nickeliferous copper ore of the Thomson River Copper Mine near Walhalla, Victoria, was first revealed in 1905 by assays made in the laboratory of the Department of Mines (1).These disclosed the presence in the ore of 5 dwt. platinum metals, 1 dwt. gold and 13 dwt. silver per ton. Attempts to isolate the platinum-bearing mineral were unsuccessful, and the absence of obvious native platinum led the assayer, Mr. P. G. W. Bayley, to suspect that the platinum might be present as sperrylite. Subsequently, Mr. C. M. Lyons, then metallurgist to the Long Tunnel Gold Mining Company, Walhalla, tried to isolate the platinum mineral from samples of ore containing as much as 7 dwt. platinum metals, but again without success.In 1912, a sample of copper matte from this ore was submitted to Messrs. Johnson, Matthey and Company, Limited of London, for analysis. The analysis, which is quoted below by their courtesy, revealed tnat a large proportion of the metal pi'eviously reported as platinum was palladium, there being about two parts of palladium in the matte to one part of platinum.

Jan 1, 1942

THE following paper is a description of the plant and operations of the above company in their recovery and treatment of the quartz tailings deposited as final residues by the various mining companies. at Waihi, Karangahake, and Waitekauri into theOhinemuri River. During the past few years the silting of the Ohinemuri River has increased to such an extent as to cause considerable interest and discussion, and has lately been the subject of a most extensive inquiry by a Royal Commission, to consider the best means of dealing with what is generally spoken of as a public nuisance.Ever since the commencement of mining in this district, which was opened as a goldfield in 1875, the various mines operating have been discharging their tailings into this river, it having been proclaimed a sludge channel in 1895. Up to the year 1900 the quantity of quartz crushed was not large, probably not exceeding 500,000 tons; but since that date the annual tonnages discharged have increased enormously, and at the present time would total from 550,000 to 600,000 tons per year. Records show that up to the end of 1910 at least 5,000,000 tons have been crushed, for an actual yield of bullion considerably exceeding £10,000,000 in value, and all the valuable tailings from...

Jan 1, 1911

In-pit crushing systems have been known in the mining industry for many decades. The question whether in-pit crushing is a viable option has often been asked. More than 200 mobile and semi mobile crushing systems have been installed worldwide at various locations and applications. Economic pressures have forced mine operators to reconsider the use of a conventional truck-shovel operation and have contributed enormously to the development of in-pit crushing and conveying systems. The in-pit crushing concepts have varying mobility capabilities. These range from fixed, stationary crushing plants to semi-mobile and fully mobile crushing plants. All these systems are operated in connection with a conveying system. In general in-pit crushing systems have technical and economical cost advantages over truck-shovel operation, particularly as mine capacities increase and mines become deeper. The integration of an in-pit crushing system represents a significant up-front capital investment and the mine is only able to depreciate the capital investment over a sufficient mine life including plant capacity to realise the benefit of the much lower operating cost.

Jan 1, 2003

I start with some lines from "Pleasures of Hope" by the poet Campbell, published in 1798, which sets the flavour of what I am going to say. They blissful omens bid my spirit see The boundless fields of rapture yet to be; I watch the wheels of Nature's mazy plan, And learn the future by the past of man. I hope to echo the poet's optimistic view of what is yet to come. I am not sure I can find all the omens blissful but we all have some experience of what the wheels of Nature's mazy plan get up to. His advice to learn the future by the past of man seemed sensible to follow, so on the principle that the past of several men would be better than one alone I invited Alan Attwood, Maurice Cahalan, Gavin Moncrieff, Derek Temple, and Peter Wright to help me prepare this address; I am most grateful to them for their contributions. Of the technologies covered in this sequence of keynote addresses, metallurgy is the one which is closest to our consumers. On the age-old principle, which I do not expect to see changed in the 21st Century, that production is about providing the customer with what he wants, when he wants it, where he wants it, and at a price he can afford, I think we should start by trying to see how the market place is likely to develop, and to work back from there to review what technology we need to meet these demands.

Jan 1, 1986

By F R. A Jorgensen, G W. Jensen

A pilot scale experimental investigation of the condensation of zinc vapour from smelter off-gases was performed in conjunction with a mathematical modelling study of the system. The work investigated the feasibility of using the high heat and mass transfer rates associated with a fluidised bed to condense zinc directly from smelter off-gases containing zinc vapour. Of particular interest was whether zinc would revert to zinc oxide during the process of condensation, and whether a zinc fog would form and be carried out of the condenser. A 0.1 m diameter fluidised bed condenser was mounted on the top of a 200 kVA DC electric arc furnace in which mixtures of vapours and gases were generated at 1150 - 1300¦C. The gas/vapour mixtures investigated included Zn/N2, Zn/N2/CO/CO2 and Zn/N2/H2/H2O. Greater than 90 per cent of the zinc was deposited on the zircon sand bed of the condenser, and there was no sign of zinc oxide formation, suggesting that the rate of heat transfer was faster than the reaction rate for zinc oxide formation. There was also no evidence that fog was being formed in the condenser. Using the methods of Kunii and Levenspeil (1991), a mathematical model was developed to predict the behaviour of the fluidised bed condenser. The model enabled the distribution of gas/vapour temperature and bed temperature to be determined as a function of distance from the condenser inlet. Similarly the partial pressure of zinc vapour in the gas mixture, and hence the mass transfer rate of zinc to the particles, was determined. Experimental data allowed validation of the predicted bed and gas/vapour temperatures.

Jan 1, 2000

IN the ordinary course of treatment of pyritic ores or concentrates, whether for the recovery of copper, tin, gold, or any other contents, the removal of some or all of the sulphur contents is almost invariably the first step. The practice is to roast the ore in a current of air so that the sulphur is oxidized to sulphur dioxide and the metal constituents are changed from sulphides to oxides. If it is feasible to produce sulphuric acid in conjunction with the treatment process, the sulphur can be usefully employed; but if this is not possible, then the sulphur contents not only become a dead loss, but tend to be a nuisance as well in the surrounding neighbourhood.The problem of avoiding this disadvantage and making economic use of the sulphur has had attention from the early days of scientific metallurgy, and in the past few years very special efforts have been made both to drive part of the sulphur as such from pyrites and recover it, and to replace the sulphur in the S02 by carbon, with the production of carbon dioxide and precipitation of the sulphur. So far economic success does not appear to have crowned these efforts. In the case of pyrites, of the two atoms of sulphur which go to make the FeS2, the first is very lightly held. Dissociation is effected by heat alone at a temperature which is given by Peters as 5160 C.Now, sulphur and hydrogen will unite or burn together, with the production of sulphuretted hydrogen. It occurred to the writer that, if hydrogen was passed over pyrites heated to the above temperature, this first atom would be snatched away by the hydrogen, and could possibly be economically recovered.The first step consisted of some simple laboratory experiments. From these it was found that this first atom was readily removed, and that the extraction was practically complete. Further, the reaction took place at a low temperature, a dull red heat being sufficient.

Jan 1, 1923

By S Leary

Diamond drilling since early 2006 has identified an epithermal gold-silver (Au-Ag) deposit beneath 140 m to >400 m of cover. The Fruta del Norte discovery had an inferred resource estimate of 58.9 Mt grading 7.2 g/t Au in October 2007. The mineralisation is hosted by Mid-Late Jurassic andesite and andesite porphyry in a regional fault zone beneath mainly post-mineral but in part syn-mineral Late Jurassic cover. The intermediate sulfidation-style deposit formed before and in part during deposition of epiclastic cover in the fault related pull apart basin. In addition to its size and obvious economic importance, the widespread occurrences of visible gold and exquisitely preserved epithermal textures will make Fruta del Norte an important learning tool for explorationists seeking epithermal mineralisation in theAndes and elsewhere. An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation.

Jan 1, 2008

By C Rees, M Predebon, J Denney

It has been said on many occasions that æthe future of the mining industry of Australia, and indeed the world, lies in the hands of the studentsÆ. As a student, this can be a daunting, yet very exciting, statement. If nothing else, it is a direct challenge to the student body of the mining industry to take responsibility for its direction æafter 2000Æ. However, for the students to embrace this challenge, some responsibility must be borne by the universities and the industry itself to provide some direction and encouragement. Perhaps, therefore, the real challenge is to find the right balance between students, industry and education to best prepare the students for a career in the mining industry. The future industry will demand students who are capable and willing to adapt to change and technology and able to exert the vision and leadership required to ensure the mining industry continues to thrive well into the next century.

Jan 1, 2000

By S C. Dominy

The Minerals Education Australia program is offering a tertiary learning environment for the global mining industry. The Minerals Council of Australia has instigated this initiative, which is run by the Minerals Tertiary Education Council. The program is a pioneering partnership between the Australian minerals industry, Australian governments and key Australian universities. It is designed to deliver key undergraduate and postgraduate courses for tomorrowÆs minerals industry professionals in the fields of geoscience, mining and minerals engineering and metallurgy. The flagship course for geoscience professionals is the G3 Masters program. This is a coursework-based degree supported by the Minerals Tertiary Education Council, and a partnership between James Cook University, the University of Tasmania and the University of Western Australia. These partners represent the leading-edge providers of minerals geoscience education and R&D in Australia. The G3 program provides the full spectrum of post-graduate training skills in exploration, mining and economic geology topics.

Jan 1, 2003

By A R. Butcher

Gold deportment and ore characterisation studies are key tools in gaining an appropriate understanding of complex gold ores for process development and optimisation. These studies have historically involved imprecise chemical methods with slow and costly optical microscopy for gold identification. The traditional approach requires highly skilled petrographers, is prone to human error, and is not scalable, reducing the usefulness in practical analysis. The proposed methodology utilises a decision tree and knowledge base in a staged approach to gold ore characterisation, building up progressively more detailed information about the sample mineralogy, gold deportment and key mineral properties, as the process is followed. Whilst the automated QEMSCAN« system is used for mineral and gold identification, interactive and focused data analyses are used to give more efficient and accurate results. This is complemented by smart sample preparation and chemical methods to enhance and validate the data, making the staged approach methodology reliable, scalable and therefore practical and economical.

Jan 1, 2007

The past year has been a difficult one for the mining industry in this country, but an active and successful one for the Branch. Membership has continued to increase, albeit at a slower rate than last year, and with the increase almost all from student membership. I dwelt at some length last year on the continued increase in student membership, which I ascribed largely to deliberate policies adopted by the Branch to foster this area of membership. I don't propose to reiterate these, suffice it to say that as usual, the Otago School of Mines has been a prolific source of student members, and it will be a pity if this source dries up û more on this subject later. In fact, students form just on 29 per cent of the Branch's total membership û a far higher percentage than for any other Branch in the Institute, whose membership as a whole comprises only ten per cent students.

Jan 1, 1985

The excessively high cost of production in underground coal mines has made the survival of many coal mines around the globe economically non-viable. The global competitive coal market speaks itself of the desirability of a lower operating cost in conjunction with a higher productivity performance, particularly in underground coal mines, and calls for an optimal production planning under a host of constraints. Such a task of optimal planning is not an easy exercise like that of traditional planning based merely on intuition, experience and subjective judgement. It essentially demands a thorough understanding of the complex interaction of mine sub-systems for judicious application of optimisation tools and techniques available with operations research. A few large mines around the globe have made an effective use of a sizeable number of operations research packaged programs for optimal decision-making (Grayson, 1989). The success of practical applications of operations research techniques made in a variety of mining problems in large mines in different parts of the world will hopefully make inroads to smaller mines in years to come. The present paper is an addition in the series of such applications of operations research tools to mining problems, particularly with reference to an underground coal mine in India. The paper is based on research work (Jawed, 1990) and deals with the development and use of a mathematical model for production planning in underground coal mines under multiple objective environment subject to a host of constraints.

Jan 1, 1995

By Sharwood M

Welcome to the morning of the second day of Minval '89. There are some three hundred and fifty of us here today. That represents certainly the most influential gathering of the mining and investment community in Sydney for a very long time, and on behalf of the Institute I bid you all a very great welcome. Due to the pilots' strike some of you have arrived by very unusual methods and others have travelled long distances. So for those of you that have made a special effort, thank you very much. Inevitably some people have not been able to get to Sydney and this has led to some minor programme changes. I'd like to thank our sponsors. Our underwriting sponsors are Energy Resources of Australia, Neil Cole & Associates, Resource Finance Corporation and Robertson Australia Limited, and to those firms thank you very much. To our major sponsors, County NatWest, I would like to say a particular thank you. County is the lead sponsor for Minval '89. They've :made an important contribution to the programme, and we're indebted to them for this support. We look forward to County's continuing involvement in the programme today. County NatWest is a major participant in the Australian equities markets and a growing merchant banking organisation in this country. It's parent organisation, National Westminster Bank, isa leading UK domiciled bank which is also active in Australia. This session is the Pancontinental Mining Ltd sponsored session, and I'd like to record the gratitude of the Australasian Institute of Mining and Metallurgy to Pancontinental for its generosity in sponsoring the session. This morning's session focuses on valuation and follows on from yesterday's proceedings which looked particularly at the impact of NCSC draft Policy Release Number 149. Robert de Crespigny, who was to have been the Chairman of this morning's session, has had some special problems with the pilots' strike.So we have the privilage to have in his stead Michael Sharwood.

Jan 1, 1989

The chief use of manganese ore is in the production of ferromanganese alloys for steelmaking. Manganese ores generally occur in tropical areas, which influences the type of treatment required. Present methods of treatment are relatively unsophist- icated but demands by customers for tighter specifications will necessitate the installation of gravity concentrator at many mines At present only limited tonnages of minus j in. product can be sold hence future development will centre around methods of producing an agglomerate satisfactory to the smelter.

Jan 1, 1969

In April, 1990 the Sydney Water Board invited bids for the construction of the Hazelbrook Carrier Section 3 being part of the Blue Mountains Sewerage Transfer Scheme. In December 1990 the contract was awarded to Costain Resources Limited, Mining Services Division for the sum of $A15.3 M. The works consisted of excavation of 9 520 linear metres of tunnel, 3.35 metres diameter with installation of permanent ground support in the form of rockbolts, mesh, steel sets, shotcrete and in situ concrete

Jan 1, 1993

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 R MacGillivray

The Golden Cross mine was an open-pit and underground gold and silver operation from December 1991 to April 1998. Closure of the mine has been based on an approach agreed among stakeholders. The initial phase was the release of a closure plan which was regarded as the blueprint for the following phases and the closure works required to implement the plan. The second phase involved lodgment of consent applications and their granting for the final water management configuration. The final phase is monitoring, confirmation that the site is performing as required by the closure plan and consents and settlement of final ownership, management and surety arrangements. Industry best practice modelling techniques have been used to finalise closure design and have been shown to be good predictors of site water management and discharge performance. Site discharges are in compliance with toxicology based water quality criteria for the protection of aquatic life and most discharges from the site, including those from the closed cyanide-tailings facility, can now be discharged without further active intervention or treatment.

Jan 1, 2002