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By M Reisi, H Waterer, M Savelsbergh, F Engineer

The Hunter Valley Coal Chain Coordinator (HVCCC) Limited is the primary planning organisation responsible for the export of coal through the Port of Newcastle, Australia. HVCCC stakeholders include producers (mining companies), rail track owners, above rail operators, and terminal operators. The HVCCC is tasked with coordinating the activities of all the corresponding parts of the coal export supply chain so as to maximise the system efficiency. The HVCCC also has a forward looking planning role: with demand for coal expected to double in the next decade, strategic capacity planning is a core activity for the HVCCC. Optimisation and simulation models are key aids in such activity. They are used to suggest and evaluate infrastructure expansions and operating policy changes. These models require input data in the form of shipping stems, which are arrival streams of ships at the port, together with their cargo types and composition, and date and time of arrival.Although everyone is familiar with the expression ægarbage in equals garbage outÆ, relatively little research is dedicated to the issues surrounding input data generation. In this research we seek to redress this, and have developed a method for generating high quality shipping data. Shipping stems used as input should be realistic, reflecting key characteristics of historical patterns. They should accurately represent future demand scenarios. Yet they should also have controllable parameters that can be used to test what-if scenarios, such as are required by the HVCCC to answer questions about future infrastructure or operational plans.Here we review our process for achieving this, and give a case study analysing the effects of different shipping stems on the performance of the coal chain, as measured by a capacity assessment tool. The latter is an optimisation model that takes shipping stem and infrastructure data as input, and calculates key supply chain performance metrics. The potential benefits of alternative demand management strategies are analysed by measuring the performance of the coal chain given different shipping stems obtained via the stem generatorÆs controllable parameters.

Sep 26, 2011

By V Rajakumar, S Trang

Titanium has the potential to become the third wave of light metals used in high volume applications, following on from aluminium and magnesium. These light metals have functional attributes that can meet many of the goals needed for societyÆs transition to sustainable development. CSIRO has initiated a Light Metals Flagship to focus additional R&D efforts in support of the light metals industry. The vision of the Light Metal Flagship is for Australia to lead the Light Metals Age by reducing the costs and environmental impacts through innovative technologies for these metals. Life cycle principles will be used to identify novel technology pathways for metal production and product manufacture that are more energy efficient, less capital intensive and incorporating eco-efficient material flow chains.Under the auspices of the Light Metal Flagship, a Life Cycle Assessment (LCA) of titanium metal production was carried out with mineral sands mining of ilmenite as the starting point. Upgrading of the ilmenite to synthetic rutile by the Becher process and titanium metal production by the conventional Kroll process were the processing routes considered. Two alternative processes for titanium metal production, the FFC Cambridge process involving direct electrochemical deoxygenation of titanium dioxide, and a plasma process for producing titanium powder from titanium tetrachloride were also examined using LCA methodology and compared to the Kroll process. The environmental impacts included in the LCA were greenhouse gas emissions (Global Warming Potential, GWP) and acid rain gas emissions (Acidification Potential, AP). The Gross Energy Requirement (GER) of each process was also determined.These results for titanium, along with those from previous LCA studies by CSIRO on aluminium, magnesium, steel and stainless steel production, were used to show that despite the relatively large amounts of primary energy required for the production of these light metals, their special properties (eg corrosion resistance, strength and light weight) mean that these metals offer potential GER and GWP reductions compared to other competing materials in a number of applications, when viewed on a life cycle basis. Two applications considered in the paper are the lightweighting of motor vehicles and chemical plant equipment manufacture.

Jan 1, 2004

By Blaskett K. S

The physical properties of monazite and the minerals with which it is associated in east coast beach sands are studied and discussed. Possible means for improving recovery are examined. In particular, it is suggested that the practice of splitting the heavy mineral concentrate into two parts as a preliminary to treatment in separate "rutile" and "zircon" mills can be modified in a simple fashion by the addition of an extra magnetic separation stage so as to aid monazite recovery.INTRODUCTIONBeach sand deposits on the east coast of Australia are a major source of rutile and zircon, and supply 80 per cent or more of world requirements. The deposits also contain a small amount of monazite, averaging about 0.5 per cent of the total heavy minerals. Yet despite a steady price in recent years of £150-160 per ton, monazite production has remained relatively small.On the basis of rutiIe production, potential monazite production on the east coast was about 1,500 tons in 1956, but only 102 tons of high-grade concentrate was produced. The main deterrent to increased production has probably been the capital cost of the necessary equipment. Separate electrostatic and magnetic equipment and separate table concentration and drying constitute a considerable outlay for a by-product contributing 4 to 5 per cent of the revenue from rutiIe.It is the purpose of this paper to discuss monazite concentration generally and to suggest modifications to flowsheets, which may facilitate monazite production while maintaining the main objective, simple and cheap means for maximum rutile production.

Jan 1, 1958

At many locations in Australia the decommissioning of mining operations will require the disposal of excess water. If the water is contaminated its disposal may be restricted by government guidelines. The timing of water disposal may be critical to the schedule of close-out. The uncertainty of the annual rainfall input to the water storage and disposal system may determine the success or failure of close-out. The uncertainty associated with any outcome can be used to determine the reliability of the system, or inversely its risk. The technique of Monte Carlo simulation, using the uncertainty in annual rainfall, is applied to quantify the risks associated with water disposal as part of the requirements for close-out in two case studies. In both case studies it is assumed that water disposal is via evaporation only. The first case study is the Nabarlek operation, located about 270 km east of Darwin. This project is required to complete the engineering work associated with its close-out by December 1995. The second study investigates the situation of close-out for the Ranger Uranium Mine, about 250 km east of Darwin. It should be noted that the Ranger mine was examined as part of the annual update of its contingency rehabilitation plan and the probability of implementing the plan is extremely small. The probability of success for the Nabarlek case varied from less than ten per cent to greater than 95 per cent depending on the management strategy. Four possible strategies were investigated for the Ranger mine with the chance of success varying between 20 and 95 per cent. The estimation of the evaporation rate and the area allocated to evaporation was critical in both cases. By applying seasonally based evaporation pan coefficients determined on site, rather than an average monthly value of 0.75, the chance of success was improved by up to 35 per cent for Ranger. Simulation modelling is able to provide information on the likely response of mine water management systems and the level of risk. This information is required to efficiently plan and manage the disposal of water for close-out.

Jan 1, 1994

At the outset I want to thank you for inviting a representative of the Chamber of Mines of South Africa to address you on the subject of mining and its future at this, the 13th Congress of the Council of Mining and Metallurgical Institutions. It is indeed a pleasure and an honour to be here. As many of you will recall, four years ago I, as the then President of the South African Institute of Mining and Metallurgy, had the privilege of hosting and welcoming you to the 12th Congress, the third such congress hosted by South Africa. The late Sir Ernest Oppenheimer, President of the 1930 Congress - the first to be held in South Africa - in his opening address foresaw the mining industry as "the most potent factor in spreading the benefits of civilisation over the sub-continent." We have come a long way since those halcyon days but, as I noted four years ago, it still remains true that mines have been, and will continue to be, the missionaries of development in many, if not most, of the Third World countries. I have been asked to address you on the subject of "mining" and to let my imagination roam widely so that delegates can leave the congress with a broader vision than they brought on arrival. It is a tall order and in my attempt to fulfil it I ask you to cast your minds back 120 years to a sultry, rustic day when the first diamond was discovered in South Africa at the now famous town of Kimberley. At that time the South African economy, predominantly pastoral, was still at subsistence level. Almost overnight the ensuing diamond rush turned the then British- owned northern Cape Colony's semi-desert scene into a hive of mining activity, every prospector bent on making his instant fortune. It was very little different, I am sure, to the gold rushes that hit California in 18+8, Australia in 1851, New Zealand in the 1860s. and the Yukon in the 1890s.

Jan 1, 1986

High-sulphidation (HS) gold, silver and/or copper deposits are generated in both the epithermal and the upper parts of the underlying porphyry environments over vertical intervals of up to 2 km. The HS deposits are generated in advanced argillic lithocaps, which are products of the absorption of acidic magmatic volatiles by voluminous groundwater systems. Mineralisation styles in HS systems reflect depth of formation as well as the interplay between structural, lithological and hydrothermal parameters. The deep parts of HS systems, at depths of >1000 m, are typified by disseminated copper¦gold mineralisation comprising digenite, chalcocite and covellite in pervasive advanced argillic as well as underlying sericitic alteration. In highly telescoped systems, suchmineralisation may overprint porphyry stocks and associatedquartz-veinlet stockworks. Intermediate levels of HS systems commonlycontain fault-controlled copper-gold mineralisation, typically as enargite in bodies of vuggy residual quartz, silicification and/or massive pyritic sulphide. The shallow parts of HS systems, at depths of The exploration focus is on four principal HS mineralisation styles: 1. copper (eg Chuquicamata, Monywa) or copper-gold (Wafi) in thedeep porphyry-hosted parts of systems preferably, in the case of thelatter, where supergene oxidation is limited and, hence, flotationmay be used for metal recovery,2. copper¦gold-bearing replacement mantos and pipes hosted bycarbonate wallrocks in the deep parts of systems (eg Bisbee),3. high-grade gold in late-stage veins or hydrothermal breccias thatoverprint the intermediate to shallow levels of systems (eg El Indio,Goldfield), and4. large, bulk-mineable gold deposits in the shallow parts of systemsthat were subjected to supergene oxidation, thereby permittingheap-leach treatment (eg Yanacocha, Pierina).To these preferred HS styles may be added the low-sulphidation veinor disseminated gold¦silver mineralisation that is commonplacealongside many HS systems (eg Victoria at Lepanto). * Originally published in the Proceedings of PACRIM æ99,published by The AusIMM.

Jan 1, 2000

By T Hausler

The pitfalls, pleasures and management issues associated with international and remote projects are diverse.However, no problem is insurmountable and if an engineering team chooses (by luck or good planning) to push through the difficulties, success can mean an extremely satisfying experience for individuals and a significant, positive result for an organisation.International projects are not for the faint hearted or inflexible. Working in foreign lands with people who may or may not speak English and who may not initially respect you can become mentally and physically tiring.Sometimes the challenges are not fully explained to individuals in advance. Individuals then often learn about the challenges ù and discover solutions ù on the job. While this initially puts great pressure on individuals, matters improve eventually, especially when the locals come to understand that you are on site to make a positive difference.This paper will discuss aspects of a recent international project including meeting international clientsÆ expectations, dealing with cultural differences, social reckoning, environmental issues, and personal challenges. Specifically, it will cover aspects of working within a Russian cultural setting and overcoming social barriers.The paper also presents coping strategies for long periods of time spent away from home in remote places with extremes in weather beyond the normal experience of most Australians. For example, dealing with the effects of the spring thaw and coping with temperature ranges of -45 to +45¦C.Lastly, and possibly most importantly, there will be a focus on the role of translators. They have the power to make an engineer everyoneÆs best friend or, on your behalf, to order cold chicken liver and heart salad for lunch. If an engineering team can establish a working relationship with translators, they can become an invaluable asset and both on and off site.CITATION:Hausler, T, 2013. Achieving success in large-scale, remote area metallurgical plant projects, in Proceedings MetPlant 2013 , pp 539-552 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 15, 2013

Anyone who has driven backwards using only their rear view mirrors knows how difficult it is to avoid spinning the steering wheel the wrong way. So why run your mine that way? Traditionally Reconciliation has focused on the past performance of the mine. In this paper we make a case for Prognostication û the act of forecasting or predicting something in the future from present indications or signs. Reconciliation is a common activity carried out at most mines around the world. Countless geologists and engineers spend hours poised in front of spreadsheets diligently comparing how their resource/reserve model, grade control, and survey pick ups compare to what was actually produced. The result is usually a group of factors, which are applied to future estimates in an attempt to better predict how the operation may perform. Unfortunately, if the road ahead isnÆt the same as what you have just been down, youÆll be æoff-roadingÆ in no time! An alternative is to constantly collect and analyse key measurements that are used to calibrate critical estimates in an iterative process. When variations occur, they are analysed and corrective action is taken to ensure the estimates and measurements realign. In this way the estimates become forecasts and can then form the basis for decision making to ensure that what does happen in the future will match the plan or schedule. By automating this process, some mines have been able to be proactive on a daily basis in order to improve the overall performance of the operation. This paper outlines the key estimates and measurements used for reconciliation, details the characteristics of an automated web based information management system to facilitate the process and provides some insights about how mining operations might move beyond reconciliation.

Jan 1, 2003

A metallurgical balance drawn around a mineral processing plant or smelter must involve all process streams crossing the plant boundary. Modern sampling theory, as formulated by Gy, and sound statistical method can be used to determine the uncertainties in the observed assays for the set of balance analytes and in the mass flow rates of the process streams for the balance period. These uncertainties can then be used together with the material balance equations to arrive at adjusted component mass flows that satisfy the material balances exactly. To determine whether or not the data is consistent with the level of uncertainty in the data and with the material balance equations, a goodness of fit test is applied. This goodness of fit criterion is the principal tool to quantify the quality of the material balances. The mathematical structure of the statistical material balance problem poses a number of challenges. For example, while the variances of the adjusted component mass flows do not vanish, the variances of the sums of the adjusted component mass flows about each balance node do vanish, simply because the balancing computation demands that the balances close exactly. Even though it can be shown that the variances of the adjusted component mass flows are always lower than the estimates for the corresponding unadjusted component flows, it is still not possible to construct a confidence interval on the component mass flow into (and out of) a balance node using the adjusted component flows. On the face of it, such a confidence interval is exactly what is most desired from the balance calculations. The problem arises because the balance problem is a data adjustment rather than a parameter estimation problem. It is possible, however, to calculate the recovery of a component to a product stream and determine a confidence interval for the recovery value. It is also possible to calculate an uncertainty in the mass flow of any balance species in any process stream, before and after balancing.

Jan 1, 2005

By A L. Hemphill

Conventional models, based on pulp kinetics, were regressed directly to steady-state data from a nine-stage platinum flotation plant, to provide a basis for optimisation studies. æFroth factorsÆ were used to characterise the froth in each stage and a ædepressant factorÆ was used for gangue minerals, to account for addition of depressant to the cleaners. These factors improved the fit, but differences between plant and model of up to 50 per cent were still present in a number of streams in the cleaning circuit. A new model was developed, which incorporated two rate constants for the recycle of particles from the froth. These parameters provided a workable approximation of the distribution of probabilities of particles being recycled in plant cells, depending upon where particles appeared at the surface. The feed streams were characterised by two pulp kinetic parameters and the above recycle parameters, for all minerals and all stages. The fit to the data was improved very significantly, when compared to the use of conventional pulp-based models with several pulp rate parameters. This relatively simple model did not require additional data from batch tests and it was suitable for plant simulations.Simulations of various strategies for plant operation were tested, allowing the simulator to vary the concentrate flows from all or some of the stages, in order to maximise platinum recovery. The simulator was imbedded in an automatic optimiser and constraints on chrome content or mass flow of final concentrate were used. The simulations of the existing circuits demonstrated that an improvement in recovery, (for a constant concentrate mass) of about 0.5 per cent was possible, by optimising all concentrate flows. A significant reduction in the flow of scavenger concentrate and an increase in the recycle flows in the cleaners were noted. The results of simulations of various changes to the circuit configuration are also discussed. An increase in recovery of 1.4 per cent (for constant concentrate mass) has been achieved in recent simulations, through circuit changes. However, it was necessary to keep the mass pull of concentrate, per unit area, within typical limits.

Jan 1, 2005

By J Rostami, D Tadic

While hard rock tunnel boring machines (TBMs) have an established track record in the tunnelling industry, accurate estimation of TBM performance for each specific project remains critical. Machine performance prediction is required to assist planning activities, including costing and schedule preparation, machine specification and effective planning of maintenance and repairs. In addition, monitoring machine performance during the construction period is required to assess and manage excavation progress, and to achieve optimal advance rates based on specific geotechnical conditions exposed during excavation. TBM performance analysis can also contribute to the development of more accurate performance prediction models for future applications. Rock mass characteristics play a dominant role in machine performance. This paper offers a review of the impact of rock mass characteristics on TBM penetration rates for two specific tunnelling projects. A discussion is provided on the results of statistical analysis of available field data, including geological back mapping, rock properties and measured rates of penetration (ROP). The analysis offers a comparison of the achieved and predicted ROPs to provide a better understanding of the influence of rock mass properties on the performance of hard rock TBMs. A new rock mass adjustment factor is introduced to enhance the accuracy of an existing prognosis model for use in jointed rock masses.

Jan 1, 2008

This paper reviews some of the factors thought to control the formation of supergene gold in the Pacific and its Rim. Discussion of these should lead to reassessment of the economic potential of many areas. In several parts of the world many gold-bearing veins display rich gold values only in the oxidized zone, whereas beneath the present (or ancient) watertable the unaltered vein commonly holds only sub-economic refractory low grade sulphides or arsenides. In the Eastern Highlands of Australia some of the most spectacular concentrations of - gold have been found at shallow depths. For example, Harper (1918) describes the Canton mine in New South Wales which was stoped over a length of 180 metres from the 45 metre level to the surface. The reef yielded gold at 300 g/t in the upper levels, but became gradually poorer at depth. Present geologists of N.S.W. Geol. Survey, G.R. Mcllveen and B.P.J. Stevens, believe that many similar Australian enrichments were formed between the surface and its ancient water table level during the extended period of weathering in the Eocene or pre-Eocene. They concede, however, that further supergene movement of gold may have occurred since the early Tertiary. Large quantities of Mesozoic supergene gold of extreme fineness (Au 99.7%, Cu +òFe 0.3%; Leibius 1885) was found at Mt. Morgan near the Tropic of Capricorn in Queensland. Lower Jurassic sediments cover part of the gossan in a small depression caused by oxidation and collapse of the Main Pipe, thus showing that the supergene gold is pre-Lower Jurassic (Cornelius, 1968). Because the Lower Jurassic landscape around Mt. Morgan was mature with a surface slope of less than 10 (Playford and Cornelius, 1967), erosion would have been very slow. Moreover, once all sulphides had been removed from the ore body the Lower Jurassic environment would have reverted from highly acid to alkaline as it is at present. Accordingly, gold, goethite and 1. Dept. of Geology & Mineralogy, University of Queensland, St. Lucia, Australia,

Jan 1, 1987

Mine planning studies of iron ore deposits are often based on resource models generated by ordinary kriging. Ordinary kriging aims for local accuracy to minimise the variance of expected estimation error but this is at the expense of reproducing variability of the original sampling data. Hence mine planning studies using kriged models are likely to underestimate product variability, and the required blending and stockpiling capacity to reduce variability to an acceptable level. Instead, conditional simulation models of the main chemical variables in iron ore are able to reproduce likely variability to be encountered during mining and processing. This approach is demonstrated in a case study of the Weld Range bedded iron ore deposit in Western Australia, with a comparison of ordinary kriging and conditional simulation models. Conditional simulation models suggest that, compared with the single ordinary kriging estimation, there is likely to be far greater block variability for iron and impurities, a greater requirement for stockpiling and blending capacity, highest variability in initial years of mining and less variability in later years of mining for deeper ore. The conditional simulations provide a more realistic range of mining outcomes for production of high-grade ore, which may be seven per cent less than in the kriged model, as well as for lower expected project net present value (NPV). In year one, the kriged model is conservative for NPV; however, in later years two to five the kriged model has higher NPV than most conditional simulations, suggesting expected NPV based on the kriged model may not be achieved. For improved decision-making in mine planning, a complete range of possible outcomes from conditional simulations of the deposit should be considered rather than relying on a single kriging estimation that may be an end member case in the range of possible mining outcomes.

Jan 1, 2009

ON milling plants, where a large number of slime samples are collected each day, considerable work is involved preparing them for the assayer. The usual practice (as the material usually passes a 150-mesh screen) is to place the sample on a 30-mesh screen an 1 brush it through on to a cloth below. The sample on the cloth is mixed and a portion taken out for the assayer. A simple apparatus that would rapidly disintegrate and prepare these slime samples for the assayer was needed. The manufacturers of assayers' supplies appear to have overlooked apparatus for this class of work. To overcome the tedious preparation of slime samples by the above method, the writer devised the apparatus shown in the accompanying drawing (Fig. 1). It will be seen that the apparatus is a combination of a modified household flour sifter and a riffle sampler.The apparatus is made up in two parts, the top half consisting of a screen box carrying the disintegrator, and the bottom half a, riffle divider, the joints between the two being a slip-in fit. A lid is provided for the screen box. The disintegrator consists of an open drum, to which are soldered three rows of spring steel fingers. Each row has a number of steel fingers which, on rotation, press against the semi-circular screen in the screen box, forcing the slime particles through.To operate the apparatus an 8-in. sample tin is placed under each spout of the divider. The sample of slime, which is about 2 lb. in weight and usually in lumps, is placed in the screen box, the cover replaced, and the drum rotated about half-a-dozen times by means of the handle.The disintegrated sample is divided by the rifle divider into two portions, which are found in the tins under the spouts of the apparatus. One of these samples is taken, mixed on a sheet, and sent to the assayer.

Jan 1, 1922

Many of the discrepancies that appear when comparing the results of reducing machinery are due to the nature of the materials reduced and the conditions under which they have been treated. It is therefore necessary that manufacturers should employ standard materials in their tests that sufficiently approximate the substances to be ultimately treated if the information is to be of any value to the purchaser. Another advantage to be gained by employing universal standard materials is that by their means one is enabled to compare the relative values of different types of machines. At present much of the data meted out to the public is insufficient to enable them to judge fairly. Of course the best test would be to send some of the stone tor which the machine is required, to be treated by the various crushers in the market that are likely to be suitable for the purpose, but this is not always possible. It would not take long to become accustomed to judge of the value of a machine for a specific purpose if it was guaranteed to work a certain quantity of some standard rock, even if that standard were not identical with the material to be treated.There are many points to be considered before selecting a machine, such as the size of the rough stone it will take, the size to which it will reduce it the proportions of various grades made when crushing to pass through a given mesh the form of the delivered particles the time taken to treat a+ certain quantity the horse-power required to drive the machine, both when loaded and unloaded whether constructed to crush wet or dry the wear and tear of the machine its total weight and weight of the heaviest part the cost of machine what attention it required whether the wearing parts are readily replaced, and several other points common to all machinery. 'When considering these varying quantities, we can tell at a glance certain machines that are suitable for a particular sort of work, and can then compare those belonging to the same class, thus avoiding errors made purposely or through ignotance by persons interested in different machines, who frequently compare machines originally constructed for.

By E Widzyk-Capehart

The conventional ammonium nitrate fuel oil (ANFO) loader utilises a pneumatic system to control the flow of ANFO (via rotary actuator/ball valve) and air (via an auxiliary air valve). This system, though relatively simple and reliable, has several drawbacks with respect to ease of control and level of automation. In this paper, a radio frequency (RF) remote control for explosives charging is discussed. The system design incorporates electric solenoid valves to control the rotary actuator and the auxiliary air valve. All operations associated with explosives charging are selectable at the remote and are completed according to a modifiable time sequence. This allows the following charging sequence to be reduced to a single momentary application of the remote:removal of water from the hole prior to charging with ANFO; charging of the hole for a preset but adjustable period of time; and removal of the remaining ANFO from the ANFO hose. A specially developed remote switch allows the operator to maintain two-handed control of the ANFO hose whilst achieving full control of the charge-up process. Failsafe electronic architecture is incorporated into the systemÆs design to increase safety to the highest level. Should the RF remote control fail, a wired remote is included in the system to allow for the charging process to continue, albeit at a reduced level of control. The application of the RF remote control system in an underground explosives charging operation minimises and/or eliminates many problems associated with the use of the conventional charging system. These include: the wet-hole problem, trip and entanglement hazards, air embolism and the two-man loader control requirement. The developed remote control unit proved to be effective at removing water from wet holes leading to increased face advance per drilling operation. It proved to be economically feasible, allowed for an increase in systemÆs dependability and safety factor and for a truly one-man operation which resulted in reduced manpower.

Jan 1, 1999

By P Louden, C Rothnie, G Showers

Tiwest employs several methods to assess the quality of heavy mineral concentrates in ore and process samples. Mineralogy is determined using a method called MA98, developed in conjunction with JKMRC over the last three years (Zhang and Whiten, 2001). A range of other techniques are also used to characterise ore, heavy mineral concentrates and mineral products. MA98 is the culmination of efforts since 1989 to determine mineralogy from chemical analysis without recourse to heavy liquid fractionation, which has traditionally been used to discriminate between light-heavy , zircon, rutile and leucoxene. The major advance with MA98 is the use of statistical mass balancing for all chemical species, as opposed to reliance on key chemical species for each mineral. Three magnetic fractions are analysed by X-ray fluorescence spectrometry, with a minerals balance performed for each. Heavy mineral concentrates processed by this method include drill samples, process samples from the wet concentrators and Dry Mill, and mineral products. TBE can be avoided for higher heavy mineral grade samples since quartz is determined from SiO2 balance. In this sense the method is sufficiently universal and robust to cope with a wide range of sample types and compositions. The MA98 algorithm provides abundant information in addition to mineralogy, including TiO2 and Fe2O3 grades of ilmenite and leucoxene, and concentrations of weakly magnetic zircon and kyanite. Information such as this is invaluable in tracking different minerals through the processing plants. Other ore assessment procedures used by Tiwest provide for modelling of orebodies by mineral sizings, Fe in zircon, and FeO and U+Th in ilmenite. Microscopy is used to provide important qualitative information such as grain shape, surface staining and degree of cementing. These quality measurements are included with mineralogy in geological ore models and are available for mine scheduling. In using the above methods to characterise heavy mineral concentrates, Tiwest is better placed to predict and monitor plant performance and product quality from any ore zone.

Jan 1, 2001

Equity finance provides the most suitable and frequently the only access to capital during the exploration and evaluation stages of resource projects when project risk is at its highest. Investors are prepared to provide equity funds in the knowledge that they are compensated for the higher risk they take on with higher potential returns or sufficient upside potential to justify the higher risk. The context of resource projects which determines the role of equity finance has changed considerably. Prior to the resurgence of the gold price and the development of new mining technology many resource projects were selectively mining orebodies by underground methods frequently with limited reserves proved up in advance of mining. The limited proved ore reserves base and the volatility of the gold price all contributed to a higher risk and higher return investment environment in which the use of equity finance was more appropriate and frequently the only option for capital raising. The financial risk of a resources project can be transferred to an underwriter who makes the commitment to distribute the financial risk between a number of investors. There is also the opportunity for financiers to use a mix of equity and debt finance to allow a company to proceed with the development stage where without such a mix the resource project would not proceed. By using a level of equity finance the project becomes robust enough in its ability to service the debt finance facility and the project proceeds with the equity participants receiving a suitable risk reward return. The liquidity from the establishment of a market for the company's securities enhances further capital raising and generally enables the company to satisfy its financial requirements on more favourable terms particularly during bull markets. The role of equity finance in the management of the financial risk during the exploration, evaluation, development and mining stages of resource projects is summarised in Table 1. In more detail the principal roles of equity finance and the ways in which equity finance impact on the risk management of resource projects will be considered in turn.

Jan 1, 1994

The earth is a planet limited in size and limited in total resources. For the forseeable future, it is the only available habitat for mankind. Therefore, it follows that the more we know about our planet the better we can utilize its space and its resources for our well-being now and in the future. But, to accomplish this, we need reliable basic information. Geosciences provide such information. Recently, Dr. M. King Hubbert took note of the important effect of the geosciences on society, on how we think, and how we live. In the first century of modern geology, 1780- 1880, the influence of geology was primarily on how we think, i.e. changing our concept of the earth from one with a short catastrophic history to one that developed gradually over enormous spans of time. In the second century, 1880-1980, the emphasis was on how we live, on expanding the knowledge base so that we could more easily find and utilize the earth's resources. Now, in the third century, i.e. from 1980 towards the year 2000 and beyond, we should concentrate on both how we think and how we live; i.e. how we can better estimate potential global' resources and how we can manage these resources for maximum benefit to mankind. Like other sciences, the geosciences build upon what has already been done. Progress is achieved by using the thoughts, measurements, and observations of past workers, adding to these the insights from new experiments and from new concepts. Geology has its own methodology and approaches; but more than most sciences, it calls also upon the tools of physics, chemistry, mathematics, engineering, and biology to help solve its problems. Today's increasing population, increasing industrialization, and increasing complexity of modern society demand more detailed geoscience information so as to better use the land, reduce geological hazards, provide an inventory of resources, facilitate waste disposal, and prepare for long-term effects such as changes in climate and sea level.

Jan 1, 1986

By A B. Christie

In Northland, Coromandel, Taupo and Canterbury, weathering and hydrothermal alteration of Cenozoic volcanic rocks has resulted in the formation of various types of clay deposits. Subtropical weathering of rhyolite in the Matauri Bay area (Matauri and Mahimahi deposits) in Northland has formed high quality halloysite deposits. The Matauri Bay halloysite is mined and processed to produce reputedly æthe world's whitest clayÆ that commands a high price in niche ceramic markets. In the Coromandel, some argillic alteration zones contain kaolinite clays (at Hahei) and advanced argillic alteration zones contain kaolinite-gibbsite-pyrophyllite assemblages (at Pumpkin Hill and Lookout Rocks). In addition to known halloysite and kaolinite clay deposits, there is also economic potential for smectite clays produced by hydrothermal alteration of volcanic rocks. Bentonite (mainly ferriferous-beidellite) is mined from weathered basaltic ash in Miocene lake beds at Coalgate in Canterbury.   We have compiled interim mineral deposit profiles for bentonite in basaltic ash, halloysite in rhyolite, kaolinite in altered rhyolitic rocks, kaolinite-gibbsite-pyrophyllite clays in advanced argillic alteration zones and for smectite clays in argillic alteration zones. These deposit profiles include geological and mineralogical attributes, which are linked to the underlying volcanic, hydrothermal and weathering processes that have produced the clay minerals from their source volcanic rocks. Further work on refining the deposit profiles includes characterising the composition of selected deposits to determine spatial trends in mineralogy and geochemistry.

Jan 1, 2007