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By M A. Rhamdhani, R Z. Mukhlis

Removing the ledge formation in the Hall-Heroult cell during the electrolysis process may significantly reduce the energy requirement of the aluminium production process. In the absence of the ledge, however, the sidewall-material types become heavily restricted since the cryolite is very corrosive at the electrolysis temperatures. This paper study the corrosion behaviour of sintered nickel ferrite, nickel aluminate, and magnesium aluminate refractories (as possible candidates for sidewall material) in molten aluminium and cryolite melts with various alumina content at 980°C. Immersion tests of refractories with various porosity were conducted to assess the suitability of the refractories in the corrosive environment of the electrolysis cells. Microstructural change of the refractory after immersion were analysed using secondary scanning electron microscopy (SEM). Sampling of the melts were taken at 0, 10 min, 30 min, and each hour up to 6 hrs, and subsequently analysed by Inductively Coupled Plasma (ICP) spectroscopy. Based on the projected concentration of the refractories constituents in the melts, it was predicted that the corrosion rate of NiFe2O4, NiAl2O4 and MgAl2O4 in cryolite with 11 wt per cent Al2O3 were 461 × 103, 1.03 × 103, and 798 × 103 cm/a, respectively. Much lower corrosion rate of 2.3 cm/a for NiFe2O4, 2.6 cm/a for NiAl2O4 and 0.3 cm/a for MgAl2O4 were predicted if the refractories in contact with aluminium melts. Erosion played an important role in the corrosion as the concentration of the refractory constituents in the melts were beyond its solubility limit. It is therefore crucial to increase the densities of the refractory and improve its wetting characteristics.

Aug 21, 2024

By S SSdbom

A comparison was made between chemical analysis and ocular mineral/rock classification in health-based risk assessment of historical mine waste produced between 1625 and 1975. Large parts of the mine waste are heavily weathered and secondary minerals are abundant. The field was divided into several areas from where composite samples were collected. Seventy-five mine waste samples were selected for chemical analysis (As, Cd, Co, Cr, Cu, Hg, Ni, Pb, V and Zn) and ocular mineral/rock classification (silicate, mica, granite/pegmatite, carbonate, iron oxide ore, sulfide ore, distribution between chalcopyrite, sphalerite and galena and distribution between pyrite and pyrrhotite). The waste has been produced in conjunction with mining a complex sulfidic ore with increasing iron oxide content (mainly magnetite) towards the northern part of the field. Elevated concentrations were found for Cd (average 26 mg/kg dw), Cu (average 3500 mg/kg dw), Pb (average 4100 mg/kg dw) and Zn (average 11 000 mg/kg dw). Large differences between average and median values indicated that the data was not normally distributed, ie the metals occur as discrete minerals (eg chalcopyrite, galena and sphalerite). The ocular classification indicated low carbonate content, chalcopyrite dominating over sphalerite and galena in most samples and an even distribution between pyrite and pyrrhotite. Both analytical and ocular mineral/rock classification data were combined into a common matrix that was evaluated using multivariate statistics. Principal component analysis (PCA) showed, for instance, that chromium and vanadium were mostly associated with harder minerals and rocks. PCA also indicated that a similar graphical picture could be obtained for chemical data and ocular mineral/rock classification data, respectively. The comparison indicates that ocular mineral/rock classification can replace or at least reduce the numbers of chemical analysis in health- based risk assessment of historical mine waste.

Jan 1, 2008

In 1948, it became clear that the ventilation system of The Zinc Corporation Limited and New Broken Hill Consolidated Limited mines, would be inadequate for future operations. The,paper describes in detail the process of designing an entirely new ventilation system for a large underground mining operation. The system was based on a single new upcast airway to be located on the boundary of the two properties, which were to be ventilated in parallel as two separate ventilating districts.From calculations of resistance, and assessments of future air requirements, the duties of a new exhaust fan to be located on the collar of the upcast airway were specified as 700,000 cubic feet per minute at 2·6 in. w.g. total pressure for initial operation in 1953 increasing to a maximum of 900,000 c.f.m. at 3·6 in. w:g. total pressure ten years later. The economic size of the new airway was calculated from a consideration of the first thirty years operation of the system, and it was decided to provide a 20 ft. diameter concrete-lined shaft.The new system went into operation five years after the initial planning, and the effect of the difference between actual and predicted rates and distribution or production are discussed. The final result was entirely satisfactory.INTRODUCTIONThe first proposal for an investigation of The Zinc Corporation Limited-New Broken Hill Consolidated Limited ventilation system with a view to putting it on a proper technical basis was made in 1938. A new Main Shaft was then being sunk, and it was decided to postpone the enquiry until this had been completed to No. 14 Level, when operations would be temporarily suspended and the shaft commence to operate as a major airway. The investigation was completed early in 1940, when Z.C. Ltd. upcast fan was...

Jan 1, 1956

Maximising margins in today's competitive international commodity markets demands superior productivity. This requires more than simply selecting the best equipment. It requires efficient production and commercial processes together with management systems recognised as international best practice. This paper introduces an integrated way of working that includes management systems for successfully changing work practices and attitudes, developing managers and increasing accountability. It provides an improvement methodology that includes systematic involvement of people in true continuous improvement of processes for maximising productivity and safety while minimising costs. Even though the principles are proven in all industry sectors worldwide, they are not always used correctly. This paper provides examples of traditional performance measurement systems to show how managers miss opportunities to control and improve both production and supporting service processes. It also describes the basic methodology for correct use of the principles and provides examples of correct implementation of modem systems in mining. The charts from actual mining case studies will be elaborated upon in the conference presentation. This paper's main aim is to provide background material for the presentation by introducing integrated principles for building best practice management systems for superior productivity and safety - for higher margins.

Jan 1, 1996

By Sennitt C. M, Hartley J. S

The Twin Hills Gold Deposit is an example of a preserved, high level, epithermal system, with mineralisation introduced contemporaneous with deposition. The deposit is hosted within sediments of the Late Devonian to Early Carboniferous Saint Anns Formation, of Cycle 1 Drummond Basin stratigraphy, situated in central Queensland. Prior to epithermal activity in the Twin Hills region, a lacustrine fan delta depositional environment existed, together with minor tuffaceous activity. An and palaeo climate, with occasional periods of torrential rainfall, together with a basin with faulted margins, allowed alluvial fan prograda- tion. Cyclical repetitions of the fan indicate repeated faulting and seismic activity took place during deposition. Significant gold mineralisation was first intersected at Twin Hills by Metana Minerals NL in 1988, after drill testing a "blind" target outlined by geological mapping and bedrock geochemistry.

Jan 1, 1991

By J, T C. McCuaig, J Hodgkison, T Fouet

Olympic Dam is the eighth largest Cu deposit and the largest U deposit in the world, with approximately 35 million tonnes of contained Cu and 1.2 million tonnes of U. The most recent resource estimate was for 2.95 billion tonnes of mineralised material with average grades of 1.2 per cent Cu, 0.4 kg/t U, 0.5 g/t Au, 2.6 g/t Ag as contained mineral resources. Olympic Dam is expected to produce >200 000 tonnes of Cu and 4200 tonnes of U3O8 from 9.8 million tonnes of ore in 2004, making it the 12th largest Cu producer in the world. One of the impediments to achieving targeted rates of production has been oversize material (>0.9 m) reporting to stope draw points. A major contributor to oversize material may be overbreak along pre-existing structural weaknesses from stope walls and backs during the production life of a stope. Underbreaking to structures can also have a detrimental effect on the performance of a stope. In an effort to understand the influence of structural geology on stope performance, WMC Resources and SRK Consulting partnered during 2003 to refine the current system of structural mapping, and to use historical data to produce a structural interpretation covering a large part of the mining area. The interpretation has been wireframed in DATAMINETM into a three-dimensional structural framework model. To date, there are more than 600 structures of >50 m strike length incorporated into the structural framework model, which covers a study area 1500 m + 600 m + 350 m. A back-analysis exercise to assess the influence of interpreted structures on overbreak and underbreak was completed for laser-surveyed stopes.

Jan 1, 2004

The segment of the Upper Cenozoic volcanic chain (CVZ) located on the western border of South America (16-28¦S lat.) is constituted by an association of strato- volcanoes and ignimbrite sheets, with high K calco-alkaline affinities. Strata-bound volcanoes, mainly of andesitic and dacitic composition, present along the whole chain, and various hydrothermal alteration zones, on the slopes and in the cores of eroded volcanic structures. Some of these altera- tion zones bear epithermal precious metal ores and sulphur deposits, which at present are being exploited. The studied Salar de Gorbea area, located in the Andes of northern Chile (25-26¦S lat.) contains a numer- ous group of Miocene to Quaternary stratovolcanoes, with advanced argillic and extreme silicification hydrothermal alteration in their cores and on their slopes, favoring the formation of great volumes of alunite within altered zones and sulphur deposits in the higher parts of the volcanic edifices. Simultaneously, siliceous hydrothermal breccia of the phreato-magmatic type, with evidences of hydromag- matic explosions are recognizable, allowing, in some cases, the ascent towards the surface of rock fragments belonging to the Paleozoic pre volcanic basement. Radiometric ages obtained in some of the hydro- thermal alteration zones (K-Ar in alunite) are slighty young- er than the unaltered rocks which constitute the strato- volcano. Trace element (Hg, As, Sb, S, Au, Ag, Cu, Pb, Zn, Mo) patterns in orientative rock samplings show that the studied alterations zones correspond to high sectors of the cpithermal system, without evidences of metallic minerali- zation on surface. The weak erosive action due to the ex- tremely and climatic conditions in this segment of the Andes, has not allowed the cropping out of deeper areas of the hydrothermal alteration zones, in contrast to other Miocene more eroded volcanic edifices and Miocene vol- canic terranes of the Andean Range.

Jan 1, 1987

By Fletcher A. E W

Ever since it made its debut in 1962, in the form of a Robbins 31R, the raiseborer has become an accepted tool in the mining and civil construction industries. The first raiseborer to be used in the Witwatersrand goldfields made its appearance in 1968. This was a Robbins 42R which could raisebore 185m deep holes to 1,22m diameter. From 1968 to 1973 capability increased with the introduction of first the 61R, then the 71R and finally the 83R, which could raisebore 610m deep holes to 3,66m diameter. This created a demand for larger holes but the cost of bigger, more powerful machines requiring larger, stronger drill pipe, cutters and other accessories was prohibitive. To avoid replacing existing models such as the 71R, and in order to increase their capability, the concept of reaming in two stages sequentially was developed jointly by a German drilling equipment manufacturer, Wirth, their South African subsidiary, Transbor, and a local contractor, Rocbor Raiseboring and Mining Contractors. The result, the Sequential Reaming Head, proved most successful and existing machines, normally limited to 2,44m diameter holes, could now ream to 3,66m diameter. This created a demand for even larger holes. In order to maximise the use of the sequential reaming head to meet this demand the HG330, and subsequently the HG330SP raiseborer were developed. Using a 4,26m/6,02m cutting head, these machines have raisebored holes 1000m deep in hard rock. The raise- boring of the first major hole to be excavated by this combination, the 484m deep x 6,02m diameter surface shaft at Premier Mine is described. Reference is also made to six other shafts which have been completed or are under construction.

Jan 1, 1987

By A Cheatle

GoldcorpÆs Musselwhite mine in north-western Ontario, Canada has in recent years become a world-class deposit. Initially discovered in the early 1960s by Alan and Harold Musselwhite, the then marginal mine eventually started production in 1997 and has to date produced 2.6 Moz of gold. Two million ounces of gold are currently classified as Mineral Reserve and a further 1.2 Moz of gold are classified in the Mineral Resource category for a total gold inventory approaching 6 Moz. Growth of the mineral inventory has been achieved through the successful implementation of strategic planning that sought to extend the mine life through discovery of additional economic zones and increased mined tonnages. Accelerated exploration activity commenced in 2001, at a time when gold price was at its lowest in decades. Focus was placed on building, developing and retaining a highly skilled geological team, maintaining purpose, conducting external reviews and developing a new geological model through research partnerships. Ongoing collaborative research between Lakehead University and Musselwhite mine has seen the development of new structural and geological models through post-graduate and academic studies. Research has included lithogeochemical, stable isotope and structural and metamorphic studies and has led to the evolution of a new mineralisation model (for the mine) and the recognition of brittle and ductile deformation regimes within the mineralised horizons. Exploration drilling continues to provide support for the new geologic model. Gold discoveries have extended known mineralisation 2.3 km along strike from mineral reserves and laterally into parallel zones. The exploration potential to further increase production rates, Mineral Reserves and Resources remains very positive and increases in overall gold inventory are likely. Musselwhite mine has significantly exceeded initial projections for a ten year life-of-mine and a marginal existence.

Jan 1, 2009

By B Rohrlach, J Gonzalez, A Buenavista

Located on the island of Mindanao in the Southern Philippines, the Tampakan copper-gold deposit represents a major high-sulfidation epithermal deposit superimposed on an underlying porphyry copper system. With a recent JORC compliant indicated and inferred resource estimate of 1104 million tonnes at 0.65 per cent copper and 0.26 g/t gold at a 0.3 per cent copper cut-off grade, Tampakan represents the largest undeveloped copper-gold deposit in Southeast Asia. Since its acquisition by Indophil ResourcesÆ affiliate Sagittarius Mines Inc in August 2002, the deposit is the subject of an ongoing preliminary feasibility study into project viability that is initially focused on a higher-grade copper zone in the north-central part of the deposit. The deposit is hosted by a sequence of subaerial andesitic flows (Tampakan Andesite Sequence) related to a highly eroded andesitic stratavolcanic complex of Pliocene age. Detailed mapping and geochronological dating has identified four volcanic cycles or centres that have been sequentially developed and eroded. This stratovolcanic complex is interpreted to lie on the northern extension of the Sangihe volcanic arc that extends from Northern Sulawesi in Indonesia. The Tampakan district is located within a complex tectonic setting dominated by WNW trending wrench faults that form part of the trans-Mindanao Cotabato Fault Zone. The Tampakan deposit is located near the intersection of one of several WNW trending splay structures with a prominent NNE trending dilational structure, one of many that transect the host volcanic complex. High-sulfidation style copper-gold mineralisation at Tampakan is broadly associated with and central to a flat-lying tabular body of pervasive silica and silica-clay alteration developed within a district- scale lithocap of advanced-argillic and argillic hydrothermal alteration that extends over an area of 90 km2 within the volcanic complex.

Jan 1, 2004

By Tzung-mow Yao, S Ki, J Word, J Vinson

Properly designed evapotranspirative (ET) cover systems can greatly reduce the amount of infiltration and groundwater recharge (deep percolation) into potential acid generating mine waste. In arid and semi-arid environments, infrequent precipitation, low measurable subsurface fluxes, spatial variability within mine waste and cover material, and evapotranspiration from below the cover system create challenges to monitoring moisture flux in these systems. Sloped ET single-layer (monolayer) cover depths and a variety of reclamation treatments are being studied at a copper tailing impoundment in Arizona, USA. To monitor the performance of different ET cover systems in response to precipitation patterns, four different test plots consisting of two different cover depths and two different vegetation densities were instrumented with heat dissipation sensor nests. The sensors measure the soil water pressure potential and allow hydraulic gradients to be determined within and below the cover systems to depths of 180 cm. Three replicate sensor nests were installed in each test plot to account for variability in materials and test plot treatments. Data collection occurs twice daily and is ongoing. Weather during the 26-month monitoring period was characterised by two months of greater than normal precipitation followed by nine months of normal precipitation and 15 months of abnormally dry conditions. Monitoring data indicate that deep percolation occurs in response to periods of extended precipitation, however, drying was observed to depths of six feet below the surface in all test plots. Using conservative assumptions regarding tailing hydraulic properties, one-dimensional downward flux predictions based on the monitoring data indicate very low (Additional long-term monitoring and installation of deeper and replicate monitoring sensors into tailings without cover systems are recommended to evaluate the long-term ET cover system performance and develop a better understanding of deep percolation rates at the sites.

Jan 1, 2003

By Golding S. D, Price P. L

The Early Permian Aldebaran Sandstone is the main hydrocarbon reservoir in the Denison Trough. Contained hydrocarbon gas has a wet gas index (C1/CI - C4) of between 0.87 and 0.97 (N=10), and constituent methane has 813CPDB values ranging from -51.5 to -36.2% (N=10). These values clearly indicate that the gas is thermogenic rather than biogenic. Considering the predominantly humic nature and maturity of all organic source material for the gas, the methane 813C values are anomalously low, with typical values for humic methane present in natural gas formed at similar maturity levels significantly higher at -26 ¦ 5%o. This suggests that, in addition to disseminated organic matter in underlying marine mudrocks of the Cattle Creek Formation, methane substantially more depleted in 13C was derived from coal seams of the Reids Dome beds, a thick coal measure sequence which underlies the Cattle Creek Formation and, in the south, the Aldebaran Sandstone. This methane is likely to have S13C values of between -75 and -40 oo, based on the known isotopic composition of dry gas trapped in humic coals of similar rank in the Sydney Basin and elsewhere in the Bowen Basin. In addition to the low methane S13C values, the contribution of coal seam methane would explain the fact that, (1) methane S13C values do not show the normal increase with decreasing gas wetness, and (2)013C%o (ethane-methane) values do not show the expected decrease with decreasing gas wetness. The presence of co-existing, isotopically heavy CO2 (S13C = +2.0 to +3.4%0, N=3) in the Glentulloch and Merivale Fields is consistent with the view that natural gas in the Aldebaran Sandstone is in part coal seam derived.

Jan 1, 1991

The Dizon open pit mine of Benguet Corporation in western Central Luzon, Philippines has yielded some 182 000 t copper, and about 26 000 kg gold and 48 000 kg silver as by products since it started operation in November 1979. The 140 million tonne orebody is associated with a small quartz diorite porphyry stock emplaced in volcanic rocks on the basal slope of a stratovolcano complex as stockworks, fracture fillings and disseminated sulphide mineralization averaging 0.43% Cu, 0.93 g/t Au and 2.5 g/t Ag. Intense hydrothermal alteration accompanied the mineralization that developed fairly distinct mineral assemblages within and around the intrusive. Post-ore volcanic activity later gave birth to an upward-flaring diatreme which broke out south of and adjacent to the orebody and partially destroying it. Subsequent volcanic activity buried the mineralized area along with the rest of the stratovolcano's surrounding slopes under a thick deposit of pyroclastic and laharic debris. Erosion eventually removed the volcanic cappings over Dizon and also exposed the quartz diorite porphyry stock which might have resulted in the truncation of a sizeable section of the Dizon deposit. The chain of stratovolcanoes that comprise southeastern Zambales range hugging the southeastern edge of the Zambales ophiolite is part of a west-facing volcanic arc that extends for some 300 km along the western margin of central and southern Luzon whose development has been correlated to the subduction in the Manila Trench located off the west coast of Luzon. Prominent WNW-trending lineaments that cut across the ophiolite appear to be splays of the Philippine Fault whose intersection with the Mt. Pinatubo stratovolcano complex might have localized the emplacement of a number of intermediate stocks along with the gold-rich porphyry copper mineralizations associated with some of them.

Jan 1, 1987

By O Rojas

The Telégrafo copper – gold deposit is located in the Centinela district of the Antofagasta region in northern Chile. Telégrafo is a porphyry copper deposit of Eocene – Oligocene age which has a total mineral resource in measured, indicated and inferred categories equal to 2.6 billion tonnes with an average grade of 0.38 per cent copper.Currently the project is in the prefeasibility study phase, including an infill drilling campaign to improve the knowledge of the deposit that should result in an improvement of the mineral resource classification. In this context was decided to review the classification criteria in order to optimise the drill hole density necessary to support the project.This paper presents an application of conditional simulation to evaluate the risk related to drill hole spacing, using a geostatistical approach that mimics the process of evaluation of resources from the perspective of geological modelling and grade estimation. The first step of the approach is the generation of conditional simulations using the available samples to generate several plausible scenarios of the deposit in terms of copper grades and geological units. These scenarios are considered as the unknown reality of the deposit and sampled by synthetic drill holes in order to replicate the geological model process and copper resource estimation. In this way it is possible to establish differences between the possible scenarios and the generated resource estimation models for several simulated drill hole spacing alternatives. These differences or errors can then be quantified in terms of estimated mean, metal content and tonnage over different production volumes.The resulting errors were useful in assisting the decision making process related to the design of drill hole spacing for each category of mineral resource in the Telégrafo project, and to redistribute the budget associated to the drill campaigns for the next stage of the project.

Aug 22, 2011

By Jephcott S

The McArthur lead-zinc-silver deposit is of the stratiform type. It consists of a mineralized bituminous shale sequence containing some tuffites, numerous graded beds and isolated slump breccia horizons. The principal sulphides; pyrite, sphalerite and galena, are essentially restricted to the shales and the genetically unrelated turbidites contain only minor mineralization. The geochemistry of the deposit has been investigated with respect to the stratigraphio column and mineralogy of the sediments.

Jan 1, 1980

By S Dunbar, S Harrison, J Cilliers

‘Those who cannot remember the past are condemned to repeat it.’George Santayana (16 December 1863 in Madrid, Spain to 26 September 1952 in Rome, Italy). Philosopher, essayist, poet and novelist.The minerals industry requires specific technical expertise in mining and mineral process engineering, geoscience, environmental science and social sciences to maintain and operate its current business and to develop future projects. A steady supply of new graduates is essential to replace not only retirees, but also those who left the industry during the recent downturn. The supply of trained graduates is however not instantaneous, and there is a four-year lag from entry into university to graduation. It is essential that this lag in human resource supply and a likely shortage of knowledgeable, qualified talent is taken into account when considering risks to the business of mining. The shortage of skilled professionals has in the past resulted in unsustainable salary expectations and is likely to pose financial and execution risk to new projects. This paper will review some recent statistics of students in training from around the world and explore what action is required to not only sustain the training courses that provide future ready talent to the mining industry, but also ensure that graduates from these courses are equipped to create change and be leaders in the industry. The future prosperity of the industry is dependent on delivering sustainable stakeholder returns through the cycle. This will be achieved by developing capable individuals that can respond to the complex, adaptive challenges facing the industry.*This is an abstract only. No full paper was prepared for this abstract.*CITATION:Plint, N, Cilliers, J, Dunbar, S and Harrison, S, 2018. Back to basics: resourcing the mining industry, in Proceedings 14th AusIMM Mill Operators' Conference 2018, pp 33–34 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 29, 2018

By M Johnson, M Horrigan

The scope of this report is to examine the aforementioned hypothesis by performing a detailed analytical comparison of a P&H electric rope shovel to an O&K diesel powered hydraulic excavator. In order to complement the integrity of the concluding results, two different size categories will be analysed in order to demonstrate that the findings can be extrapolated and applied to all the machinesÆ size classes. These two size classes are categorised by their bucket sizes and they are in the range of 43 - 58 cubic metres and 23 - 26 cubic metres. It should be noted that electric powered hydraulic excavators will not be considered in this report. In order to compare the electric and hydraulic types, the machine variants that will be analysed are commercial cost-effectiveness and operational flexibility. Although operational flexibility can be an ambiguous characteristic, a clear and thorough definition describing its exact meaning has been included. In order to simplify this study, all the data collected for this comparison have been for overburden removal, eliminating the variation that occurs with the movements of the shovel when selectively mining in the ore deposit. Thus, it ensures that all the data that is compared stems from a common origin for all the shovels. In other words the information will be compared when digging in the same material, loading into the same sized haul trucks, and when possible, with the same operators. Theoretical data received form the respective manufacturers, and actual data obtained from Mount Whaleback, was used for this comparison. This leads to the final comparison, where the operational flexibility and the cost-effectiveness are evaluated, with respect to their individual importance, ultimately influencing the final recommendation.

Jan 1, 2002

By S Brochot

During the development of a mining project, samples are taken for metallurgical tests. The sample can be a composite sample made of material coming from a selection of various drilling products or a sample coming from a mining test. This sample can represent several tonnes of material which are analysed and split to be used in various tests.In the current case, a composite sample is dedicated to semi-autogenous grinding (SAG) pilot plant tests. The property of interest is then the size distribution of the material. The sample is mixed and a subsample is taken to measure the size distribution which is considered as the feed size distribution. Then the remaining material of the sample is divided in several subsamples for batch grinding tests at different operating conditions. The product of each grinding test is then analysed to measure its size distribution.The grinding performances are analysed at the light of the measured size distributions for feed and product. But what is the accuracy of the measurement of these size distributions? What is the variability of the feed knowing each feed is just a subsample of the initial sample?The Pierre Gy theory of sampling answers these questions.The current paper presents, through a real example, the calculation of the measurement error of the size distributions and the variability of the feed between the different tests. The uncertainties of the grinding performances are then calculated and their impact on the results interpretation is then analysed.CITATION:Brochot, S, 2012. Sampling for grinding pilot plant test - the effect of size distribution variability, in Proceedings Sampling 2012 , pp 127-134 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 21, 2012

Jan 1, 2004

The profitability of individual ore blocks can be classed as clearly profitable, clearly not profitable, and those in between which are by nature quite sensitive to their major cost and revenue drivers. It is often the case that the most effort goes into the least profitable ore blocks to ensure that these will in fact not generate a loss. In these cases a cut-off grade policy is often not sufficiently live to separate individual sources given the volatility of financial markets and individual circumstances of some sources particularly in remnant operations such as Mount Isa MinesÆ Lead Mine. Standard sensitivity analysis can determine which factors stope profitability is most sensitive to. However, this does not usually indicate the likelihood of any input change, nor the combined effect of multiple inputs changing. The author attempted to modify the Lead Stream financial model that determines cash margin by inserting probability distribution functions and then using Monte Carlo simulations to determine the probability of any particular ore block making a profit. This effectively demonstrates the combined effect of varying a number of inputs simultaneously to provide a probability of making a profit. The limitations of this analysis lie in the accuracy that individual probability distributions can be specified. Attempts to generate valid functions from first principles have proved difficult for a number of reasons and these are discussed along with some practical alternatives.

Jan 1, 2002