Search Documents

By McDonough RJ

Mechanical agitation is the preferred system for Carbon-in-Pulp processes. Agitator design requires an understanding of the relationships between energy, shear and flow and the nature of shear rates and shear stress distribution in an agitated tank. Laser techniques are useful when studying these phenomena. The alternatives are open impeller agitation or draft tube circulation. Each has advantages and disadvantages but both require careful choice of impeller and system geometry. Overall the draft tube circulator is the more attractive in many cases. Open impeller agitators are designed in accordance with established procedures for mineral slurries taking due account of shear effects in tanks containing carbon. Preferred tank proportions are 1:1. Circulator design methods were developed in the alumina industry before being applied to CIP processes. Optimum draft tube diameter is critical to power requirements. The overall system must be designed as an axial flow pump operating in a closed circuit. Such a system exhibits quite characteristic behaviour which requires an impeller of varying pitch angle and aerofoil section for best stability and efficiency.' Tank height may be 2 or more times diameter. Resuspension of settled solids can be assisted by a series of slots in the draft tube. These slots have the secondary effect of stabilizing hydraulic behaviour and reducing installed power requirements.

Jan 1, 1982

By Maxwell HW

Pacific Coal Pty Limited (a wholly owned subsidiary of CRA Limited) managed the interests of six members of a joint venture formed to mine and export eight million tonnes of export quality steaming coal from a mine developed at Blair Athol in the Bowen Basin of the Central Queensland coal fields. The mine is now operated by Blair Athol Coal Pty Ltd. Crooks Michell Peacock Stewart Pty Limited (CMPS) was awarded a project management and engineering contract for the total mine portion. Following a feasibility study, CMPS carried out an Optimisation Study which produced changes to the design of the project, thus resulting in the project budget being reduced by some A$13 million. In spite of a number of late additions to the scope of work, the project was completed at a final cost of A$148 million, many millions below the reduced project budget. The project was also completed several months ahead of schedule. Total services were provided to take the project from feasibility stage through to the establishment of an operational facility and included project management, planning and control, accounting and financial control, as well as the organisation of engineering, procurement, construction, industrial plant commissioning, and technical training matters.

Jan 1, 1986

By P C. Hagan

Production scheduling is often reliant on an estimation of a mineÆs trucking capacity. While this mechanistic approach is relatively simple, it often over-estimates actual throughput resulting in under-utilisation of downstream process and a shortfall in revenue. An alternate approach has been developed that recognises the interdependency between processes in the mine production system including materials loading, haulage and crushing. This approach incorporates a heuristic model based on queuing theory that accounts for the variability in performance of individual processes and that this paper presents the results of a study comparing the conventional approach to mine scheduling with a capacity constrained model at a large open cut mine having a truck and shovel fleet. The capacity constrained model consistently predicted a lower material throughput compared to the conventional approach. Differences in throughput between the two approaches were found to increase with loading time, for example when loading time exceeded 3.9 minutes there was a shortfall of up to 40 per cent in estimated throughput. Longer travel times tended to ameliorate any differences. When applied to a mine schedule that extended over a two and a half year period, the difference was equivalent to a shortfall of nearly eight per cent in total material movement.

Jan 1, 2007

By Fuller P. G

The purpose and current practice of cable trusses in underground coal mines is briefly outlined and details of various cable truss designs are presented. The main part of the paper describes the in-situ performance of cable trusses installed as secondary supports in gateroads and recovery roads of longwall coalfaces. The performance analysis is based on the results of in-situ monitoring carried out at a number of sites at two underground coal mines within Australia. Truss performance has been assessed as load developed in relation to roof convergence, face position and time. Additionally, the influence of strata conditions, installation pattern/density, roadway layout and geometry have been taken into account. An analytical model has been developed to predict truss loads. The principal variables are listed and the basis of the model is described. Based upon behaviour observed in the field the model has been progressively upgraded and validated against measured performance. Guidelines on truss performance and factors which influence it are presented and the implications of these to the use of cable trusses is discussed. Possible methods for improving truss performance in certain strata conditions are outlined and some comments are made on the value of cable trussing compared to cable bolting in these Situations.

Jan 1, 1992

By Motyka J, Adamczyk AF, Witczak S

A case study of migration of a paper factory fluid wastes, on the distance of 5 km from an underground disposal site to an ore mine is presented. The ore mine in question, situated in SW Poland is pumping 3.5 m3/s (ca 300 000 m3/day) of groundwater, producing a cone of depression about 150 m deep and several kilometers wide. The migration of wastes (pollutant) occurs within the carbonate karstic aquifer of Triassic age. The aquifer is about 100m thick and is characterized by the coefficient of hydraulic conductivity equal to 8 m/day on the average. The results of systematic measurements carried out for 13 years enabled to estimate the mean breakthrough curve of the pollutant. On this basis and taking into account the coefficient of hydraulic conductivity as well as the mean hydraulic gradient between the disposal site and the ore mine, the migration parameters of the polluting material, i.e. the real flow velocity, the effective porosity and the longitudinal disper- sivity have been calculated. As the measurements considered a long migration distance of the pollutant, the obtained hydrodynamic dispersion constant (dispersivity), in the authors opinion, is reliable enough to be applied for regional groundwater calculations, regardless of the "scale effect".

Jan 1, 1988

By Whittaker B. N, Reddish D. J

The rockbolting method of support is employed widely in several countries in different of mines. Hard rock mines use this method extensively. Soft rock mines, such as coal mines, have employed standing supports (steel sets) as the main method, although some countries such as the U.S.A. and Australia have preferred rockbolting. There is increasing interest in extending the rockbolting method in coal mines. The application of rockbolting techniques in an industry which traditionally has not applied such techniques, has required the development of a systematic design approach. This design approach uses extensive monitoring, to asses the viability of the support system in differing conditions. Currently at a number of new and existing mine developments in the U.K., rockbolting is being successfully applied. Although, inevitably some localised geotechnical problems have been encountered and have needed to be taken into account. The effect of faulting on roadway conditions is discussed in this paper and a design approach has been applied using a numerical analysis method, namely the Finite Element Method. The results presented in the paper serve as a useful guide to roadway support designers, and in particular the role played by different bolts in a range of conditions.

Jan 1, 1992

By A E. Annels, M D. Raine, I M. Platten

Lode-gold systems are often characterised by a high to extreme nugget effect (>50 per cent), and the presence of coarse gold particles (>100 ¦m in size). They rank amongst the most difficult of ore deposits types, in terms of producing an accurate and precise resource estimate. Their effective sampling is generally difficult because of the relatively low concentrations involved and erratic nature of the gold particles. Grade continuity is usually less consistent than gross geological continuity, and is typified by the localisation of grades within discrete oreshoots. In most cases drilling, particularly diamond drilling is an effective measure of global geological continuity, whereas grade can only be reliably resolved from underground development. Depending upon drill density and geology, it is unlikely that anything above an Inferred Mineral Resource can be estimated from surface drilling alone. Underground development, in-fill drilling and, potentially, bulk sampling or trial mining will be required to delineate Indicated and Measured Mineral Resources and subsequent Ore Reserves. Grade estimation will have to account for highly skewed and often multi-modal populations, extreme values, a high nugget effect and low geostatistical ranges. A clear geological model that honours both geological and grade continuity must drive the resource estimation process.

Jan 1, 2003

By Nguyen G. H, Graham J

A laboratory-scale fluidised-bed roaster has been used to examine the effect of temperature and duration of roast on the morphology of the calcine produced from a pyritic gold-bearing concentrate. Two mechanisms of oxidation, which depend on the roasting temperature, have been identified. For samples roasted below 550°C, direct oxidation of the sulphide occurred to form hematite with a porous fine-grained concentrically-layered texture. The surface area of the calcine increased with an increase in roasting temperature in the range 400 to 500°C. For samples roasted above 550°C, the first reaction was the evolution of sulphur vapour to produce pyrrhotite, which underwent increasing grain growth as the roasting temperature was increased. This had the effect of decreasing the surface area of the calcine. The pyrrhotite was subsequently oxidised to produce hematite.Leaching studies using cyanide solution indicated that gold extraction around 95 per cent was achieved at temperatures of 500°C and above, with optimum extraction, taking into account rate and cyanide consumption in the range 550 - 700°C. Hence recovery did not decrease with decrease in surface area of the calcine. Observed gold in leached calcines was mainly enclosed in thin oxide walls of the hematite, with minor quantities enclosed in quartz and silicate minerals.

Jan 1, 1995

The metals titanium and zirconium and their alloys occupy individually unique positions in the catalogue of metallic materials available for engineering applications. Because of the uniqueness of their usage in the aerospace industry, in the case of titanium, and in the nuclear industry, in the case of zirconium, the except- ional resistance of both the metals to the majority of corrosive media is often overlooked. The cost factor in the application of these more exotic metals has, in the past, been a major considerat- ion in the rejection of titanium and zirconium as constructional materials in areas of usage where their superior corrosion resistance strongly favoured them over more conventional metals and alloys. The cost differential, vis-a-vis austenitic stainless steels, for example, is not a trifling matter, being of the order of 6 : 1, when compared on a weight basis. However, if one considers the cost, for, say, sheet product on an area basis, the ratio is redgced to approximately 3.4:1. If one also takes into account the enhanced performance of the more expensive material and the sub- sequent increase in service life and decrease in plant down-time, the economics of the usage of materials such as titanium becomes much more attractive and, indeed, highly competitive,

Jan 1, 1969

By A Chandra, P Guj

Only a few complex real options can be valued using closed-form equations, such as the Black and Scholes formula, because these algorithms are restrictive and prevent the construction of practical project evaluation models. Although a binomial lattice method paired with the ærisk-neutral probabilityÆ provides an easier and flexible modelling of exploration and mining projects, it has limitations when projects are complex, long-lived and influenced by the interplay of various market and private uncertainties. In order to overcome these limitations, modern decision tree software using dynamic programming capability can be used for real option valuations. This is a powerful computational tool in which the impact of various sources of uncertainties can be differentiated, so that the optimal decision path can be explicitly displayed visually. There has been significant academic controversy surrounding whether different real option (RO) valuation methods would lead to different real option values (ROV). This paper, using a realistic copper mining example, demonstrates that as long as the same degree of subjectivity and consistency are used in different real option valuation methods, they yield the same result. This conclusion is valid irrespective of whether the cash flow volatility generated by various sources of uncertainties is handled in an aggregated or in an explicit and differentiated manner. This paper compares two choices for an investor either to æbuy now and developÆ a project or to enter into a ætwo-year option to purchaseÆ after the proponents have developed it. It also shows how significantly different net after-tax operating cash flows may be generated by these different choices on the same underlying asset represented by the project. This is due to the difference in the amount and timing of the relevant capital investments affecting the depreciation and amortisation charges and as a consequence, the income tax paid. CITATION:Guj, P and Chandra, A, 2012. Real option valuation of mineral exploration/mining projects using decision trees - Differentiating market risk from private risk, in Proceedings Project Evaluation 2012 , pp 177-188 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 24, 2012

Much of the theory upon which the Sublevel Caving (SLC) method is based was developed in Scandinavia many years ago. It was based mainly on æbinÆ theory and æellipsoid of drawÆ configurations derived from sandbox models. In many cases, classical SLC layouts influenced by these early theories obtained relatively poor results. Early dilution entry, low tonnage factors and low recoveries were commonly experienced. SLC soon gained the reputation of being a high dilution, low recovery and development intensive method. This led to SLC falling into disfavour generally, other than as a pillar reclamation method used at the end of the life of mines. More recently a number of mines, notably those in Australia, have adopted SLC as a primary extraction method and have achieved good recovery results. The reason for the better results is believed to be an outcome of modifications in some of the basic design parameters and operational procedures. This has led to questions being raised regarding the original æbin theoryÆ assumptions and classical SLC layout designs. It is clear that the fragmentation and flow characteristics occurring in a choke blast situation (compaction of waste, variable size and shape of fragmentation throughout the ring) conflicts significantly with the assumptions of regular loose flow of uniform, fine grained, material in a bin. Interactive versus independent draw conditions can also materially effect the outcome of a SLC operation. The good results obtained more recently can only be explained by using ænewÆ models of behaviour, which have to a large extent been borrowed from block caving. If these models are correct, they point to a number of design and operational changes that can be applied to improve the effectiveness of SLC. This paper discusses the factors that may not have been fully considered in early SLC design and modelling. It emphasises the importance of delayed dilution entry as a primary objective of sound SLC design and provides a basis for efficient SLC design and operation.

Jan 1, 2000

By May J. R

Exploration, including research, has fuelled the enormous expansion of the Australian mineral industry in the last three decades. Analysis of success and failure in exploration and research has therefore potentially powerful lessons and messages which may be used to influence the future shape and direction of the mineral industry. Research has been an integral part of organised corporate mineral exploration since its beginnings in Australia in the 1930s. In corporations, the activity generally called project generation or new project development is the main expression of exploration research but mostly it goes unidentified and poorly documented except perhaps when a successful discovery is made and reported on. The competitive nature of exploration means that extended and detailed analysis of corporate exploration research across the industry is impossible to achieve.

Jan 1, 1992

By Noakes MJ, Willsteed TV

In the past few years an elevated gold price has resulted in the evaluation of many small scale surface gold deposits in Australia typically containing about 2-3 g/t Au. Operators have tended to assume that at the lower end of the grade spectrum only heap leaching is economically possible whereas above some assumed "cut-off" grade, carbon-in-pulp or similar techniques can be considered to have economic advantages.Studies made on a number of these prospects has indicated that this rather arbitary choice of treatment method can be mis-leading.A case study has been prepared assuming a "typical" situation and is presented. The deposit contains three million tonnes of ore assaying 3 g/t Au and is amenable to open pit mining methods. The mine site is remote but accessable and existing infrastructure is minimal. There are no unusual environmental constraints.

Jan 1, 1984

This paper reviews the role of fill in mining including consolidated fill both histor- ically and currently as determined by a recent survey of the Fill Subcommittee of the Canadian Advisory Committee on Rock Mechanics (CACRM). It covers the application of fill in modern min- ing methods including mechanized cut and fill, undercut and fill, post pillar cut and fill and longhole pillar recovery between stabilized fill. An automated fill preparation plant and recent developments in rotary drilling of hydraulic fill conducting holes are described briefly. The paper also summarizes the findings of some of the important laboratory and field work carried out on the behaviour of fill in Canada, the United States and Australia and again draws on current information obtained from the Fill Subcommittee of the CACRM. Space limitations and unavailability of suitable material prohi- bit the summary of similar information from other countries.

Jan 1, 1973

By Hunter TC

Metals Refining Operations Pty. Ltd. (NMO), PNG's only gold and silver refinery is operated by Golden West Refining Corporation Ltd (GWR), a member of the Rothschilds group and has a strong PNG ownership link through statutory shareholders. Located in Waigani, MRO has been successful in substantially increasing production through toll refining for Porgera, Misima, Tolukuma, Wapolu and, more recently, at Lihir as well as treatment of alluvial gold from smaller operations. This increased throughput has resulted in the need to constantly upgrade equipment, techniques and practices, particularly to continue quality improvements and meet market demands. The evolution of these changes are documented and discussed and the probable future development plans are detailed.

Jan 1, 1997

Agglomeration pre-treatment is a new process now being used here and overseas whereby problems arising with the heap leaching of gold and silver from materials containing critical amounts of fines or clay can be simply and cheaply overcome. The technique involves mixing the material with a suitable binder, commonly Portland Cement, and tumbling the moistened material to agglomerate the fines. These agglomerates are placed on the leach pad and cured prior to leaching. Test results, plant and operating cost data are presented. INTRODUCTION Heap leaching is a low capital and operating cost alternative to conven tional processing techniques for gold and silver extraction. A number of commercial-scale operations have recently started in the United States and the method is being considered for further deposits there and elsewhere.

Jan 1, 1982

Three major and two minor uranium deposits 'have been worked by open out mining since the discovery of ,the Rum Jungle field in 1949. Total production has been about 9679000 tons of uranium ore at 7;39 lb U308/ton and 4029000 tons of copper-uranium ore at 6.27 lb U308/ton and 2.7% Cu, with significant tonnages of base'metal ores. The deposits occur in or near black pyritic slates of the Lower Proterozoic Golden Dyke Formation, near the contact with the under- lying Coomalie Dolomite. The mineralization is probably younger than the grahite complexes in the area, and a structural-stratigraphic control of ore deposition is used as a basis for uranium exploration.\

Jan 1, 1968

By Fejes A. J

The U.S. Bureau of Mines installed surface and subsurface instruments at a mine site in Colorado to monitor and characterize the overburden response to longwall mining. Instrumentation included a time-domain reflectometry (TDR) cable, a multiple-point borehole extensometer (MPBX), vertical- deformation surface monuments, and in-mine pressure cells for monitoring abutment, pillar, and gob loads with respect to the longwall face position. The purpose of the study was to collect data that could be analyzed to correlate the design of the mine layout to the resulting overburden failure response. Determining the extent of caving and fracturing is important in the and and semiarid Western United States because of the possible consequences to the fragile underground hydrologic systems upon which the land owners and users depend. This study is unique from past investigations because the overburden contains massive sandstone members that impose special conditions on the caving process and pressure redistribution above the longwall panels. This paper presents the results of this correlation study.

Jan 1, 1992

The high-shear colloidal mixer is generally recognised as the most efficient method of mixing cement based grouts. Only recently however has this technology been applied to the production of cemented rockfill (CRF) for use in underground mines in North America. Traditionally, paddle type mixers have been used to produce the cement based slurries required for the preparation of CRF. While considerable success has been achieved with these mixers, tremendous advantages are attained with the colloidal mixer. The combined effect of the highly efficient mixing action and the ability to mix low water/solids ratios, allows for reductions in the cement content for a given strength requirement. Cement can also be replaced by cheaper fillers such as flyash, resulting in further cost savings. Although large-scale dedicated CRF batching plants are typical, there is a growing need for mobile plants capable of operating anywhere underground. The compact size and rapid batching speed of high-shear colloidal mixers has allowed them to be incorporated into skid mounted systems capable of producing and discharging cement based slurries onto rockfill aggregate for the production of CRF. In many cases run-of-mine development waste can be used as CRF aggregate with these slurry plants thereby reducing the cost of waste rock removal. These relatively low cost portable plants have now allowed several mines to economically recover isolated pillars and realise positive returns on their investment.

Jan 1, 1998

When the new No. 3 Shaft is in full operation, the main hoisting duties will be in connection with the raising of: (a) ore from the various mining operations, and (b) mullock, or broken country rock, from development work in extending access to existing levels, opening up new levels, exploratory work, or sinking the shaft to greater depths.

Jan 1, 1957