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By Tony Walsh

Australian Stock Exchange Limited (ASX) -ASX is ranked 9th in the Morgan Stanley Capital International (MSCI) Index – only 2.02% of that Index. -1520 companies – 400+ mining & mining exploration. -Over 50% of Australians own shares in ASX listed co.s -Disclosure standards play a vital part in providing investors with confidence, thereby building depth and liquidity in the market.

Jan 1, 2003

By Tony Walsh

Timely disclosure of information germane to the taking of investment decisions makes an essential contribution to ensuring the growth, efficiency and integrity of our capital markets. It is a core contributor to the maintenance of fair, orderly and transparent markets. The communication of relevant and comprehensible information to the investor plays a vital part in fostering investor confidence, thereby building depth and liquidity in our market. Australian Stock exchange Limited ("ASX") has had and continues to have a rewarding partnership with the mining industry to develop and recognise reporting standards, the JORC Code. This allows ready comparability and investor understanding of the mining investment vehicle. ASX's mining market has been successful because of the high reporting standards in the JORC Code and the high standards of professionalism and the intellectual capital that has been built up among the participants - the mining professionals, brokers, analysts, mining investors, professional advisers and the market operator. The balance of knowledge and understanding among these participants combined with the competition for capital, contributes to the standards for our mining market in a way that the market operator simply cannot replicate by market rules alone.

Jan 1, 2003

Timely disclosure of information germane to the taking of investment decisions makes an essential contribution to ensuring the growth, efficiency and integrity of our capital markets. It is a core contributor to the maintenance of fair, orderly and transparent markets. Australia has a strategic need to protect and enhance market integrity. Australia is ranked tenth in the Morgan Stanley Capital International (MSCI) World Index, yet represents only 1.59 per cent of that Index. In order to survive and grow in this globally competitive environment, Australian capital markets û the drivers for economic activity in Australia û need to attract foreign investment and engage retail capital. The communication of relevant and comprehensible information to the investor plays a vital part in fostering investor confidence, thereby building depth and liquidity in our market. We have had a rewarding partnership with the mining industry to develop and recognise reporting standards which could allow ready comparability and investor understanding of the mining investment vehicle. Our mining market has been successful because of the high standards of professionalism and the intellectual capital that has been built up among the participants û the mining professionals, brokers, analysts, mining investors, professional advisers and the market operator. The balance of knowledge and understanding among these participants combined with the competition for capital, contributes to the standards for our mining market in a way that the market operator simply cannot replicate by market rules alone.

Jan 1, 2002

A brief introduction is given of the scale and of some special features of South African gold mining; it is noted that great depth of mining and narrowness of the reefs, and hardness and abrasiveness of the rock are the main sources of the problems of the industry. The most inhibiting problems are: Excessive rock pressure occcurring in conjunction with rockbursts, hot and humid working places due to high virgin rock temperature and auto-compression of the air, and low level of productivity. Conventional solutions applied ordinarily in mining do not promise to eliminate, or even alleviate, these difficulties.

Jan 1, 1985

By L. Zeka, I. Ndala, J. Frenay, S. Gaydardzhiev

"Reductive leaching of cobalt (III) from a heterogenite bearing ore has been performed. Pyrite was added to the system and simultaneously bioleached in order to provide ferrous iron as reducing agent. Within such arrangement the iron ions are continuously re-circulated inside a Fe 3+ / Fe 2+ loop. As a result Co(III) is solubilized in the presence of Fe 2+ ions in concentrations well below the stoichiometric requirement. The ore has been initially subjected to acid pre-leaching in order to guarantee that the available Co (II) has been entirely removed. Two technological parameters have been studied to show influence on the degree of cobalt leaching: concentration of ferric iron in the inoculum and the presence of bacteria. The bacterial role could be mainly viewed in supplying ferric ions in the system which chemically react with the pyrite to generate ferrous ions used as Co(III) reducing agent. Co(III) dissolution has been less efficient when the concentration of total iron in the system was low, but also when microorganisms were absent. SEM observations on leached heterogenite have evidenced bacterial attack on the mineral; however the precise role of bacterial presence on cobalt (III) leaching is still to be elucidated.INTRODUCTIONCobalt accompanies quite often copper in secondary oxidized ore deposits (Rumbu, 2013). In such associations cobalt is found both as CoII+ as well as CoIII+ (Deliens, 1974). In contrast to cobalt (III), cobalt (II) is leached relatively easy in sulphuric acid solutions. Cobalt (III) when present in mineral form belongs to the heterogenite mineral group with a simplified chemical formulae Co2O3.H2O or CoOOH. In order to be brought in solution, heterogenite should capture two electrons, likewise shown in reaction 1 below:"

Jan 1, 2016

By E. Shelobolina, S. M. Pickering, J. E. Kogel

A long history of weathering and bacterial alteration processes have transformed Georgia’s Coastal Plain kaolins from dark organic muds to recrystallized white pigment-grade industrial clays. A sequence of six stages in development of these valuable mineral deposits is outlined over their Late Cretaceous and Tertiary deposition and alteration history. Anaerobic and aerobic iron oxidizing and iron-reducing bacteria are present in the Georgia kaolins. These bacteria may have had a major role in iron and organic matter removal during several of the alteration stages that occurred over the past 60+ million years. Iron was likely solubilized by both iron-reducing and iron-oxidizing bacteria, depending on availability of Fe(II), Fe(III), and NO3. Thus, over long periods bacterial activity slowly led to nearly complete groundwater removal of iron from the kaolin deposits. Further bacterial iron removal on an industrial process scale may eventually prove feasible. “Without the multitude of living reactions as channels for energy and electrons and without the enormous capability of life to transfer with and against chemical gradients, there would be practically no or at least a very reduced geochemical rock cycle on this planet.” (Krumbein and Dyer, 1985, p. 157)

Jan 1, 2002

By William J. McCaughey, Richard L. Barrett

FOR sixty years-in fact, ever since the inception of the basic steelmaking process -basic slags have been the subject of study by chemists, metallurgists and petrographers, with the purpose of providing a better understanding of the reactions between the slag and the metal during the refining process. The result of this work and of the researches of mineralogists and physical chemists into the chemistry of oxide systems is a considerable body of literature dealing not only with slags themselves but with equilibrium relationships in systems synthesized from pure components. Since any actual slag is a multicomponent system more complex than any yet worked out in the laboratory, a complete solution to the problem is still far away. The writers have recently published a paper1 which they believe sheds light on the role of the slag in the elimination of phosphorus and it is the purpose of the present paper to discuss the metallurgical applications of that work. Since the pioneer investigations on the constitution of basic slags carried on by Stead and Risdale, Carnot and Richards, Hilgenstock and others in the 1880's, a considerable body of literature on this subject has appeared. Many of the more important of these papers were summarized in the previous paper,' therefore they will not be reviewed here. PETROGRAPHIC STUDY The present writers have had occasion, over a period of years, to examine petrographically a great number of basic steel- making slags having a very wide range of chemical compositions and made under various conditions of operating practice. Although certain of these slags exhibit some unusual features, it is a remarkable fact that the great majority of mature slags show certain typical characteristics, which persist throughout the wide range of chemical compositions. The typical mature slag usually appears under the microscope to consist of two phases. The phase of primary crystallization is light colored and doubly refracting. If separated mechanically and subjected to chemical analysis, it is found to consist essentially of SiO2, CaO, and P2O5. Sometimes, although not usually, two such silicate-phosphate phases are found. The other conspicuous phase is dark in color and optically isotropic, and occurs as the interstitial material between the grains of the light colored phase. This dark colored interstitial phase when analyzed is found to consist essentially of FeO,Fe2O3, MnO, and MgO. In some slags high in iron oxide, particularly those from low-carbon heats, dicalcium ferrite is found. This phase is dark reddish brown in color and anisotropic.

Jan 1, 1944

By D Hunter, N Cusworth, J Miller

"Recent project failures have called into question the use and relevance of benchmarking and independent reviews, forcing a rethink of traditional processes and procedures.With cost estimates and schedules dramatically varying from lows seen around the global financial crisis to peaks experienced in the recent mining boom, benchmarking has ranged between essential and misleading.Profound shifts are now underway in future project delivery strategies as the market moves away from cost-plus engineering, procurement and construction management. The current trends in project implementation are to utilise more lump-sum design and construct or fixed-price supply and construct contracts. This trend will remove transparency in detailed cost information by reducing the sources and clarity of cost data.Independent peer reviews (IPRs) of studies and investment recommendations performed over the last decade have both failed to prevent flawed or deficient projects from proceeding to approval and funding, and been successful in ensuring that owners did not proceed with doomed investments.In recent times, it has been recognised by some owners, contractors and engineers that traditional benchmarking checks or IPRs, or a combination of both, will not necessarily produce reliable assessments of study conclusions and of the forecasts of project outcomes. To be of value, the benchmarking process now also needs to recognise the highly volatile responses from the engineering and construction industry to the current and future markets for their services.Similarly, reviewers who draw upon benchmarks of past project experiences on an understanding of the things that shaped and influenced their outcomes need to be more aware of how a future dynamic market may impact the outcome of the projects and raise warning flags accordingly.With the commodity cycle currently approaching what is hoped is its bottom, ensuring that benchmarking and independent reviews evolve into reliable, transparent and worthwhile processes becomes even more important. This can only be achieved with more transparent and analytical benchmarking and business-orientated reviews that both recognise and calculate the impacts of dynamic markets on project implementation.CITATION:Cusworth, N, Hunter, D and Miller, J, 2016. The role of benchmarking and independent reviews, in Proceedings Project Evaluation 2016, pp 249–259 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 8, 2016

By Toru Yamasaki

"Bimodal lithostratigrafic assemblages are of significance in volcanogenic massive sulfide (VMS)-hosted lithology. The largest deposits are either bimodal-siliciclastic or maficsiliciclastic, and the presence of a significant siliciclastic component in the host stratigraphic succession favors large VMS deposits (e.g., Franklin et al., 2005; Barrie and Hannington, 1999). In the case of modern sub-seafloor VMS deposits in arc-related settings, the majority of deposits have been discovered in association with calderas or cauldrons (Halbach et al., 1993; Ishibashi and Urabe, 1995; Iizasa et al., 1999). These features are formed by the explosive eruption of silicic volcanoes, so that silicic host rocks and/or pumiceous volcanic clasts are generally observed around the ore deposits (e.g., Binns and Scott, 1993; Fiske et al., 2001). Caldera-like and graben-like morphological features therefore attract attention in geophysical surveys. However, silicic lithologies (dacite and rhyolite) normally contain only small amount of metallic elements (e.g., a few ppm to a few dozen ppm of Cu), whereas mafic rocks, such as basalts and basaltic andesites, contain significant amounts of metals (e.g., a few hundred ppm of Cu). Thus, the origin of metallic elements in VMS deposits associate with the silicic host rock remains unclear.The Iheya North Knoll is a volcanic complex in the middle of the Okinawa Trough. It is located in a young and actively spreading back-arc basin that extends for 1200 km behind the Ryukyu arc-trench system (Lee et al., 1980; Letouzey and Kimura, 1986). Several active hydrothermal fields have been recognized in the Iheya North Knoll. Mineralization at the Iheya North Knoll is characterized by relatively juvenile features consisting of VMS deposits with associated hydrothermal alterations to various degrees. Massive sphaleriterich sulfides at this site, recovered for the first time from beneath an active seafloor hydrothermal system, strongly resemble the black ore of the Kuroko deposits of the Miocene age in Japan (Takai et al., 2011). From February 11 to March 17, 2016, the SIP CK16-01 (Exp. 908) D/V Chikyu cruise was conducted at Iheya North Knoll and the rifting center of the Iheya Minor Ridge area, middle Okinawa Trough. The Iheya Minor Ridge area is also an active hydrothermal field, located ~30 km southeast of the Iheya North Knoll. In this area, basaltic rocks are widely distributed, and drilling has confirmed that the basaltic materials continue to ~120 m below the seafloor (Kumagai et al., in prep)."

Jan 1, 2017

By J. M. D. Wilson

The literature relating to binders in iron ore pelletizing is reviewed from the point of view of their established or proposed bonding mechanisms in green and dry pellets.

Jan 1, 1981

By Jack Elorenta

A recent forum of mine operators revealed a continuing strong interest in alternative methods of freeing rock. A Rand Corporation report lists a continuous mechanical machine that would replace drilling and blasting as a priority for mine operators. Meanwhile, mounting evidence documents a dramatic cost benefit in processing where increased blast energy is available. The reasons for this dichotomy may be due to a number of factors.

Jan 1, 2002

Blasting is known to be both an important and an easily quantified cost factor in rock breaking operations. However, the indirect costs and benefits of the blasting operation are not easily determined due to the irreversibility of the mechanisms involved and the multiplicity of influencing factors. A general conceptual model showing the relationship between blasting and mining costs is well known, but serious attempts to address the critical real relationships have all floundered on the fact that not enough is yet known about either detonation physics or blasting effects. This can only be remedied to the extent that blasting instrumentation enables researchers to pin down not only the relationship between the detonation process and its impact on a particular environment, but also the downhill costs of handling the rock, repairing any damage and building in "Safety Factors" to provide for imponderables. It is vital to standaraize on specifications for instrumentation and measurement techniques and there is a need to review what has been achieved in blasting expertise so as to focus on the most fruitful paths for future work.

Jan 1, 1990

By Ranford LC

Modern, research-based approaches to mineral exploration are essential to the future maintenance of the mineral industry. These need to fully utilise the rapidly expanding growth of understanding of the evolution of the earth's crust, and be properly integrated with advances in understanding of chemical and physical processes involved in ore formation. BMR has a major role to play in supporting the growth and utilisation of this research base, as well as maintaining the national geological and geophysical bases which are essential both to tactical and strategic interests of Australia and of its mineral industry. The objective development of data-process modelling is one target of such strategic research based on a more integrated approach to research by BMR, mineral companies, CSIRO and the universities with emphasis given to promoting positive feedback during research activities. Examples of the success of strategic research in Australia and overseas are noted in the Text.

Jan 1, 1986

By Vladislava A. Ignatkina, Victor D. Samyguin

"Within the limits of two-phase approach, considering mass transfer with pulp and air streams was shown that each bubble appears to be an elementary carrier, transporting particles from the collection zone into the froth. The kinetics of flotation was described by the exponential equation in which first order flotation speed constant has to be replaced with two-phased coefficient of a mass transfer. Criteria of selectivity of two ore fractions separation, based on determination of optimum time at which maximum difference between extractions and components content in separated fractions were offered. An interrelation between optimum time of pulp residence in a flowing chamber of a flotation machine, time of bubbles mineralization and an optimum airflow has been ascertained. Cumulative criterion of mass transfer efficiency of flotation process has been ascertained to be a form of the spectrum and its position on axis of three-phase coefficient of a mass transfer.INTRODUCTIONRegularities of a mass transfer of three bearing streams: pulp stream, air stream and froth stream underlie theory of mineral complexes flotation (Samygin, Filippov, & Shekhirev, 2003)However, only description of mass transfer in pulp stream by means of kinetic equations that were simple and convenient for practical use, has gained a full distribution (Tykhonov, 2009;Rubinstein&Filippov, 1980; Saleh, 2010).Within the limits of a single-phase approach, the role of gas stream in increase of speed and selectivity of flotation, was associated with an improvement of hydrodynamic mode. An influence of particles and bubbles sizes (Rubinstein&Filippov, 1980; Rubinstein&Samygin, 1998, Samygin et al., 2003; Dai, Fornasiero,& Ralston, 2000), of pulpflow and airflow (Finch& Dobby, 1990) and turbulent energy intensity (Shubert, 1979; Massinaei, 2007) on the flotation process has been studied. It was stated that flotation selectivity is increasing by means of gradual airflow increase from first to final cameras of the impeller flotation machine (Aslan&Boz,2010; Finch, 2011) and by means of using a multizone flotation machine (Samyguin, Filippov, Matinin, Lekhatinov, &Tertyshnikov, 2013)."

Jan 1, 2016

By Erica J. Wanless, Ghislain Bournival, Seher Ata, Jose Hamilton Tavares

In froth flotation valuable particles are captured by bubbles and transferred to a froth layer where bubbles are in close proximity. Bubble coalescence frequently occurs in flotation, especially in the froth layer. The coalescence of two bubbles causes a release of energy, which may expel particles from the bubble surface. A series of experiments were carried out to determine the effect of bubble interfacial properties on the detachment of particles upon the coalescence of capillary-held bubbles of 2 mm in size. The interfacial properties of the bubbles were changed by the addition of low molecular weight alcohols, namely 1-pentanol or methyl isobutyl carbinol (MIBC). Using esterified glass particles (? = 43 °) with a 10 % and 90 % cumulative passing diameter of 47.2 and 92.5 µm, respectively, as model particles, it was found a certain concentration of frother, different for each additive, is needed in order to observe a reduction in the detachment of particles. In the presence of frother, the detachment was evaluated at approximately 65 % which was a considerable reduction in the detachment compared with the value of approximately 85 % found in the absence of frother. Frother molecules changed the properties of the airwater interface. Upon the coalescence of two bubbles, the release of energy caused the merged bubble to oscillate; effectively resulting in the detachment of particles. The addition of frothing agents augmented the elasticity of the bubbles, which appeared to be related to the detachment of particles. Whereas frothing agents are generally used to prevent bubble coalescence and stabilise the froth phase, only transient stability is imparted. The results suggested that an additional role of frothers in flotation is to decrease the detachment of particles from bubble surfaces. The type and concentration of frother can be strategically selected to improve metallurgical recovery as an economic incentive.

Jan 1, 2016

By E. Allen Wendt

It is both a great pleasure and something of a challenge for me to have this opportunity to address a gathering encompassing such a wealth of expertise in the minerals field, It is particularly challenging because I have been asked to turn your attention from the relatively glamorous subjects of gold and money to the more mundane questions of our International commodity policy and the place of buffer stocks in that policy. However, these questions may be of more immediate importance for our economic interests at home and Abroad. I can testify that the problems affecting international commodity markets and the possibility of international action To resolve those problems are matters of real concern to Washington as well as to your industries,

Jan 1, 1978

By Giuli M, Barnaba P, Sacerdote R, Tammaro F

Following a theoretical consideration of the effect of flooding, fluidisation and softening on blast furnace blowing limits, results are presented which show the effect of these parameters on operation. Industrial trials on Oscar Sinigaglia No. 4 BF are reported and results compared with those obtained theoretically and in the laboratory. It is shown that in these trials the furnace operated at levels of fluidisation very much (80-90%) below those theoretically calculated whereas in some cases (high proportion of sinter) actual hot metal output was near the calculated flooding limit. However, it was observed that as the sinter percentage decreases also actual productivity becomes lower than the one caused by flooding. This gap, which increases as other ferrous components (essentially acidic) replace the basic sinter was explained by the softening of the burden under bosh conditions. Softening indices measured on the individual materials yield support to this explanation. Coke rates data show that for approximately every one percent increase in the basic sinter in place of blended sized ore, a coke rate decrease of 1.1 kg/thm results. For acidic pellets this value is 0.6 kg/thm. Results of breakdown and reduction characteristics are also given and their indices compared with actual pt oduction. Measures to improve operations are proposed.

Jan 1, 1975

By M. L. Free

Several studies of the fluorite/oleate flotation system have shown that under certain conditions calcium dioleate is formed at or transported to the fluorite surface. Adsorption of significant amounts of calcium dioleate is generally observed above oleate concentrations of -6 -5 between 4 x 10 and 4 x 10 M, yet little explanation of the onset of calcium dioleate adsorption is provided. In this study in-situ and ex-situ FTIR/IRS experiments have been performed in connection with thermodynamic solution phase analysis to better understand oleate adsorption as well as the onset of calcium dioleate formation. Results from this study are analyzed and compared to industrial practice.

Jan 1, 1995

By J. S. Ross

The significance and role of industrial minerals in Canada differ from those in the United States, The smaller Canadian industry has recently become well diversified and self-sufficient in most commodities, However, it depends on exports, principally to the United States, for much of its market, Imports are small, but imports of several basic products manufactured from industrial minerals are large. This nation is a leading world producer of asbestos, gypsum, sulphur, nepheline syenite, titania slag, potash and barite. It has reserves in asbestos for at least 30 years enough potash to supply the current world's needs for 2,000 years and sulphur reserves for 40 years of current world demand, One of the ilmenite deposits contains enough titania to supply the current world demand for at least, 25 years.

Jan 1, 1964

By Gerald L. Colborne

The major role of financial institutions in the free world in the development of mineral resources is to provide the necessary capital in the form of loans to underwrite the development of these resources by the industry on a stable and continuous basis. This capital provided by the depositors to the bank must be invested in sound projects where the degree of risk is relatively small, the return on the investment is reasonable and the time to retire the loan is of short duration. Money is, therefore, one of the important ingredients along with technology, manpower and an exploitable resource that will provide a sound economic base in this region of development. Canadian banks are similar to banks of other western nations, although each country has some differences in their banking systems. The basic difference between the American and Canadian systems is that the former employs unit banking while the Canadian utilizes the more mobile branch system, which is prohibited or restricted in the United States and some other countries. Canadian banks are the subject of this paper, so, subsequent material will relate to Canadian banks unless indicated otherwise. It will be realized by everyone that the mineral industry is only one area of the economy in which the banks are interested and to cover the subject matter in the time allowed, the topic is restricted to mineral resource development. In Canada this is a vital sector of our economy and before we outline some of the details of financing and services involved in various aspects of mineral development, a review of the Canadian mineral industry is a necessary part of the sequence of presentation. The writer presents this material as a resource engineer advising a major bank in mineral matters, so the presentation may relate more to the financial problems of the developer

Jan 1, 1972