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By Cole NH

Substantial savings in terms of project time, cost, and financial viability can result through the expert involvement of independent financial advisors in the early stages of any mining project's preparation. This role is not confined to project financing, financial modelling, valuations and corporate finance advice, but may in the early stages be much more strategic in nature, covering a wide group of subject areas. A number of separate examples and case studies are outlined, which show the manner in which financial advisors can be effectively used. The benefits arising from involving an additional professional team with the project group must be offset against the separate and additional cost factors involved.

Jan 1, 1986

By Chen J, Sun ZY

The present paper gives the design of a new HGMS for magnetic separation of sulphides. The main characteristics of this HGMS are using iron-cladding saddle-shaped magnetic coil for instead of the ordinary magnet, and combining reciprocal-linear motion with vibration to actuate the separation box, and the magnetic field intensity is high up to 2T as well. For improving the magnet system design, a modified finite element method is used to calculate the distribution of magnetic field intensity of separation space of the magnetic coil, and accordingly the calculation results the magnetic leakage coefficient can be determined easily, thus designers apart from the empirical way. KEYWORDS: HGMS, reciprocal motion and vibration, finte element method, saddle-shaped coil.

Jan 1, 1993

By Walton DR

It is self-evident that the availability of well qualified and experienced people to manage mining operations is vital to the success of an individual mine and to the ability to develop new mines either in Australia or overseas. For larger operations the term "mine manager" is here used to denote a range of positions within an individual company. Thus "mine managers" may be people managing individual mines at one geographic location with overall management provided by other "mine managers" in the roles such as mine super- intendents, production managers, general managers, etc. Smaller operations may have only a single level of management nominated as "mine manager".

Jan 1, 1980

The short review of hydrogeologic conditions in the three Polish coal basins have been presented as the background for the prevention measures against water inrushes being underta- ken in coal mines. The Polish mine safety regulations concerning water inrush prevention have been discussed, namely: - classification of sources of the potential water inrushes, - levels of water inrush risk and conditions of mining operation in the mines facing particular risk levels, - determination of the -di.mens.ons.of protecting pillars to prevent water inrush to mines, protection of surface water reservoirs and their earth embankments in regions submitted to mining deformations. Three examples of coal mining being carried out under water bodies have been presented.

Jan 1, 1988

By Connor J. W

Nifty Copper Operations was established to treat a copper orebody situated in the East Pilbara area of North West WA, located approximately 70 km west of Telfer in the Great Sandy Desert. The plant was designed to treat the oxidised portion of the orebody with underground development following at a later date. Nifty was designed to produce 16 500 tpa of copper cathode. This will increase with treatment of the chalcopyrite ore (underground resource). Ore processing is similar to other operations of this type but has its unique challenges. Problems discussed are: fine clay minerals which hinder percolation; oxidation of organic by manganese in the electrolyte; crud formation by clays; third phase emulsions; and organic carryover into the electrowinning tankhouse. As the orebody utilisation progresses, some sulphide material will require leaching and further investigations into liquor chemistry.

Jan 1, 1996

By H R. C Pratt, G W. Stevens

Hydrodynamic and mass transfer performance are presented for a 72.5 mm diameter pulsed disc and doughnut column of the type used by Western Mining Corporation, Olympic Dam Operation, for the extraction of uranium from sulphate media using Alamine 336 as extractant. For the present purpose, 4.0 g/L sulphuric acid was used as solute. The mass transfer data were interpreted in terms of the diffusion model, thus accounting for continuous phase axial dispersion. The results indicated that an efficiency corresponding to approximately one transfer unit over the 1.0 m height of the column was obtained. This efficiency is comparable to that observed by Gottliebsen (1997) for a pulsed perforated plate column using 173 gm/L sulphuric acid.

Jan 1, 2000

The theme of this Annual Conference of The Australasian Institute of Mining and Metallurgy is in the form of a question: `Adding Value to our Resources - Our Future?' There are two ways of looking at this question. The first is to assume that any mineral or energy resource is worthless until it is identified, recovered and put on the market. In this sense all our current operations, be they open cut coal mines or aluminium smelters, are engaged in adding value. The question then becomes: what is the future of the minerals and energy resource industries with which we are familiar - will they grow or contract? The second way is to emphasis the value-adding aspect. The question is now one of whether or not our future depends on adding further value to resources we are currently selling.

Jan 1, 1995

Over the past 5 years, Bougainville Copper Limited has undertaken a number of major plant expansions to the copper concen- trate production plant at Bougainville in the North Solomons Province of Papua New Guinea. These projects have scheduled three additional ball mills, three new banks of Outokumpu flotation cells, four additional tertiary screens, two additional tertiary crushers, and more recently four high capacity 24.5m dia. tailing thickeners. The value of the five separate projects totalled more than A$100 million. A requirement of commissioning and bringing on line of each of these projects has been to minimise both operational losses and copper concentrate production. The commissioning has been successfully implemented by detailed planning of the commissioning work in conjunction with the plant operation. Planning has been detailed for each man involved on an hourly basis, highlighting the work required on each commissioning task that is to be undertaken and the time expected to achieve activity Completion.

Jan 1, 1986

For various reasons, the maintenance of shaft structures is becoming an increasingly important factor in the operation of underground mines. Deterioration mechanisms related to operation of the shaft are identified as corrosion, mechanical damage, fatigue damage and wear. Deterioration mechanisms related to rock movements are identified as vertical strain, ride vertical closure and squeezing. Analytical procedures for assessing this deterioration are discussed, and it is shown how acceptance criteria are developed and implemented. In order to track the deterioration of shaft structures, shaft inspections are undertaken, but the information is often not well documented. Formalised procedures for capturing and recording information, and then processing the information are presented. Finally, two case studies are briefly described to illustrate how these procedures have been implemented in practice, and what benefit has accrued to the mines concerned.

Jan 1, 2005

By X B. Sun

Mining work is a high-risk operatation under a special environment. It is affected by space, lighting, noise, vibration, dust, air pollution, etc as well as coal seam conditions, complicated geology construction, combustion of coal, gas, coal dust, etc. Factors which affects safety production are numerous, eg natural conditions, technical equipment level, producersÆ and managersÆ qualities. It is a complex system engineering to ensure mining safety and high efficiency. Among the ideology, methods and measures of safety management are the most important factors besides safety technology. Mine productive environment is a main problem that affects minerÆs work as far as safety and health are concerned. Combining ChinaÆs mine productive environment situation and using human ergonomics theory, this paper explores a series of measures and suggestions as to how to reinforce safety management, how to build up the safety management ideology, how to improve the mine production environment, how to decrease coal mine accidents, and how to ensure mining safety and high efficiency.

Jan 1, 2003

Mining and metals projects have tended to increase in both scope and cost to a point where many projects are Droperly designated as superprojects. Specialist engineer- constructors have developed organisations and systems to provide project management services during the design and construct phase of large projects. However, the engineer-constructor is also required to provide a wide spectrum of services during the evolution of large projects prior to the construction phase. Some common phases of pre-construction evolution are identified together with the associated types of specialised services which may be required. A project management team approach is described which has been developed for the design and construct phase. It is suggested that a modified matrix organisation could be adapted to the provision of special- ised services as well as to project management for ore-construction phases of the project.

Jan 1, 1980

Thermo Fisher Scientific is a supplier of samplers, instruments, analysers and consumables to the mining industry under the Thermo Scientific brand. The critical need to provide a representative sample to the analyser has played a pivotal role in product development. Products discussed are the Analysis and Sampling Station (AnStat) for mineral slurries, the Coal Quality Manager (CQM) and the prototype Bore Hole Analyser (BHX) with optional drill chip recovery system. Analytical techniques used in the above products are XRF, PGNAA and LIBS respectively. The company also designs and supplies conventional mechanical sampling equipment and complete sampling systems for bulk material applications (historical Ramsey brand). These products and application of them are presented.

Jan 1, 2008

Regional problems, such as political risk and debt reschedulings, in Pacific Rim nations coupled with the price volatility of gold mean that multi-faceted financing packages are needed to offset the many risks inherent in a new gold mine development. The cross-border risks of getting money back out of a producing mine may require the involvement of export credit agencies, multilateral government banks, or political risk insurance. Variations on forward gold sales, gold loans, or offset structures can also enhance the flexibility and safety for the providers of both the debt and equity. The region will become as large a gold producer as South Africa by 1990. The large dollar amounts for both investment and revenues realised are of great significance to the economies of many of the Pacific Rim countries especially as a means to increase foreign exchange earnings.

Jan 1, 1987

GRD Macraes Limited, owners and operators of the Macraes and Reefton Gold Project in New Zealand, have taken up the challenge of sustainably producing in excess of 300 000 ounces per annum within five years.GRD Macraes is well on target to achieve the forecast of 170 000 oz at a cash cost of A$310/oz for the 2002 financial year, with our Reefton operation set to add about 70 000 û 80 000 ounces per annum from late 2003.At the end of 2001 GRD Macraes Limited had resources of 5.5 million oz with reserves at 2.8 million oz.

Jan 1, 2002

It has long been recognised that applications of the Net Present Value (NPV) investment decision making methodology can have serious deficiencies in situations where investment can be delayed and, once made, various options allow increases or decreases in the level of output. NPV valuation can undervalue the project if it does not incorporate future flexibilities or ""options"". It is important to realise that a proper valuation of a project (ie, valuation of its future cash flows) must incorporate an analysis of optimal future decisions involved in managing the project. Current valuation cannot be divorced from a consideration of future decision making. There is now a considerable amount of literature, mainly academic, identifying and exploring ways of remedying these deficiencies in the application of NPV. While the necessity of period by period analysis is sometimes acknowledged, little if any practical illustrative model building has been published to date, aside from algorithms using continuous time stochastic processes which deny access to the uninitiated.

Jan 1, 1994

By Grinbaum B, Stevens G. W, Dalton R. F

Many hydrometallurgical processes produce large amounts of acid waste. This is illustrated by the copper S/X-E/W process which produces a bleed from the electrolysis tank house in the form of a concentrated sulphuric acid stream. Currently, the bleed stream is necessary to remove impurities such as iron that decreases the efficiency of the electrowinning process. However, this comes at a high financial cost owing to large quantities of make-up sulphuric acid required. A process has thus been developed with Zeneca Specialties (UK), ICI Australia and Gunpowder Copper Co at the University of Melbourne for the recovery of sulphuric acid from copper tank house bleed liquor. The recovery process uses the method of solvent extraction. Solvent extraction has the advantage of being a well-established technology in the mining industry and will reduce the environmental impact of the S/X-E/W process, as all additional chemicals can be completely recycled. A simplified diagram of the process is shown in Figure 1. Tank House

Jan 1, 1997

Aberfoyle sought to reduce Hellyer project development risk to a greater degree than usual. Consequently the ore reserves estimate and feasibility study were particularly comprehensive. A detailed ore reserve study was completed based on extensive drill core and underground sampling, large scale pilot plant work and a detailed feasibility study. Leading external consultants were used for advice on commercial matters which impact on ore reserves and to audit major technical conclusions, including the results from pilot plant work and the ore reserve estimate. Other project risks were diminished by negotiating a State agreement covering security of title, royalty formula and environmental management procedures, by obtaining sales contracts, and by analysing Hellyer's position on an industry cost curve. The task of financing the project was much simplified by the extent and quality of information available from the ore reserves estimate and feasibility study report.

Jan 1, 1990

By Mason P, Waller C

The Phase I electrowinning system at KCGM's Fimiston Operation utilised the well proven technology of electrowinning precious metal values onto steel wool followed by calcining and direct smelting to bullion. The above process, while reliable and successful, was to some extent labour intensive. The Williams Mine in Ontario, Canada had published conditions under which precious metal values are electrowon onto woven stainless steel and directly removed using high pressure sprays. The current paper describes the testwork which was carried out to check the applicability of the Williams criteria to KCGM eluates arising from the elution of highly loaded carbon from the calcine circuit and lowly loaded carbon from the float tails circuit. Information is also given on the commissioning and operational experience which occurred.

Jan 1, 1996

By Scholl EW, Ricken W

The simultaneous presence of fuel, oxygen, and of an ignition source is necessary for an explosion to arise. If one of these conditions is missing an explosion cannot take place. A continuous reduction of oxygen, often applied as a protective measure in surface plants, is not to be considered for underground mining because of possible danger to persons. Therefore, measures for avoiding explosions can only be concerned with lowering methane and coal-dust concentrations to an undangerous level and avoiding ignition sources. As these measures alone are not sufficient, additional ones have to be taken to keep the effect of an explosion as low as possible. Measures for controlling and monitoring methane are essential. Although the formation of dangerous coal dust concentration cannot be avoided it can be reduced. Dust-binding by means of hygroscopic pastes and dusting with limestone dust are effective measures to pre vent explosions.

Jan 1, 1981

I wish that in addition to being a Pro- fessional Engineer I was also a communications expert. My principal task this morning, and yours after this meeting, is to convince a wide variety of individuals that steel industry slags are a high quality material that can be used for many purposes; and that their use can significantly alleviate some of the problems facing engineers, public officials, and the general public in our countries. By actual in- place performance over a long period of time steel industry blast furnace slags have proven that they are as good as the best natural aggregates, and better than some, for any type of construction or purpose for which natural aggregates are used. Steel furnace slags have many unique favorable characteristics and prop- erties when compared to other types of aggre- gate even though they cannot be used for all types of construction. We have the facts, all we have to do is present them to the right people in the proper manner.

Jan 1, 1979