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Financial markets are subject to constant change and project finance, as a product within these markets, adapts and will continue to adapt with those changes. A meaningful discussion of these adaptations requires an understanding of differences between non-, limited and full recourse project finance. The reasons sponsors seek and lenders provide project finance are also pertinent in this context. Arranging a project, financing package can be a canplex and time consuming task. An important first step is choosing the right advisor for the assignment and then structuring and tailoring the financing before approaching prospective lenders. The last thirty years has seen changes in the needs of sponsors and the ability of lenders to meet them. These shifts in preference may well be a guide to the future. Several major project financings successfully canpleted in Australia in the last few years and more recent examples are broadly discussed. Project finance will be keenly sought in the future and the form and nature it takes will continue to vary.

Jan 1, 1983

By M Hassall, E Humphries

Personal risk assessment processes, also known as Take 5 or SLAM (Stop, Look, Assess, Manage) have been utilised in high hazard industries for over 30 years. However, there is limited research to understand if a personal risk assessment process improves safety and health outcomes. The author’s learnings during discussions with training participants in G3/G-MIRM (Risk Management Systems) and G2 (Risk Assessment for Supervisors) courses have provided them with significant insight into understanding if a personal risk assessment process is valued across a number of mining industry organisations. These discussions arise when the four-layer model is presented (Figure 1) where ‘Layer 4’ represents the last resort risk checking activity. In this context, training participants agree that this process has value. However, the consistent opinion is that the personal risk assessment process is not effective, that it is a ‘tick and flick exercise’ and is not achieving the desired outcomes.

Apr 16, 2024

The only functional underground Coal Mine in Nigeria is located in Enugu in Anambra State. For some years now the mine has been beset with a perenial problem of flooding. This has hampered produc- tion and some time ago the mine was abandoned. Recently money and equipment were made available to reactivate the mine. Attempts are now made to increase production as it is very much below demand. However, there are problems as the mine is below the water table under some major rivers and any advance exposes men and equipment to water surge. The paper traces the different attempts made to dewater the mine and the problems encountered in producing coal in this mine.

Jan 1, 1988

Because of the coincidental location of orebodies and population in Australia, the mineral sands industry has been subjected to numerous land use conflicts, resulting in the sterilisation of strategic ore reserves and a severe downturn of activity in the eastern states. All tiers of government of various political persuasions were responsible for the decisions leading to this sterilisation. As such, it became a community response to intense land use pressure along an attractive and popular coastline. The resultant high public exposure of the industry has placed it in the forefront of developments in rehabilitation technology. In eastern Australia, the industry has operated in a wide range of ecosystems, many with conservation values. Rehabilitation ech- niques have been developed to suit these varied conditions, and much of this technology is now widely adopted throughout the mining industry. Land use considerations in Western Australia are somewhat different to those of the eastern states. Nevertheless, the same basic principles of rehabilitation apply with modification to suit local conditions and land use objectives. The development of rehabilitation in both Eastern and Western Australia is reviewed, and the direction of future trends is indicated.

Jan 1, 1986

FOR some years after the erection of the first chlorination plant at Mount Morgan the ore sent to the works for treatment was mined entirely from the oxidized zone; consequently, the bullion recovered at the refinery was of unusual purity, averaging about 972 in fineness, and, as no impurity in any way detrimental to the softness or toughness of the bullion was present, there was no necessity to subject it to any refining process.The charcoal from the filters was calcined to ash in small reverberatory furnaces of the usual type. The ash was mixed with suitable proportions of soda and borax to form a good liquid slag. This' mixture was then charged into salamander cruciblesand run to metal and slag in the ordinary wind furnaces-a slow and tedious proceeding in the Mount Morgan climate. The bullion, cleaned of slag, was re-melted under borax and poured into bars weighing from 350 to 400 oz.; these bars, after being dipped while hot into dilute sulphuric acid, were packed and sent to the mint. Of late years, however, the ore coming from the deeper ground of the oxidized zone became much lower in gold values, and contained variable but increasing quantities of sulphides, sulphates...

Jan 1, 1911

By He BQ

Static attachment of bubbles to solids is contrasted with dynamic attachment in flotation cells. The times of contact during particle-bubble collisions in dynamic attachment are compared with the induction time determinations and the kinetics of thinning of the liquid films separating solids and bubbles. The thinning is examined mainly in terms of electrostatic and dispersion (van der Waals) contributions to the disjoining pressure existing in the films. The local heterogeneity (on a molecular scale) of charge distribution invariably present at all interfaces (even at conditions of zero zeta potential) calls for some means to minimize possible electrostatic repulsions which arise when the electrical double layer at the air-bubble interface begins to overlap that present at the solid surface, on encounter between particles and bubbles. It is postulated that dipoles of frother molecules, owing to their ability to "flip over" (polarise), replace localized electrostatic repulsion by attraction within fractions of a milli- second, as long as the structure of the frother molecules is sufficiently "bulky" to maintain diffuse films (of mixed collector-frother) at the air/liquid interface of bubbles. The relaxation times of dipoles (signifying their "flipping over" ability) have to be shorter than the collision times between particles and bubbles for particle-bubble attachment to be facilitated under dynamic Conditions.

Jan 1, 1984

By Newell RB

Grinding circuits are used in most mineral processing plants. Their widespread application makes the efficient running of the circuits essential to almost all resource projects. This paper will show that, with the application of modern multivariable control techniques, improved plant performance can be obtained when compared with conventional single loop control strategies. Results are presented for a simulated closed-circuit ball mill.The grinding circuit was controlled using the rod-mill water and primary and secondary sump dilution flowrates as the manipulated variables. Variables controlled were the primary cyclone feed flowrate, the primary cyclone feed density and the particle-size measurement (percentage smaller than 75 um).

Jan 1, 1985

By T Connor

Alkali emissions are one of the environmental challenges facing alumina refineries. Queensland Alumina Limited (QAL) is undertaking a number of initiatives to continuously improve its environmental performance. One of these is a program aimed at the reduction of alkali emissions. Alkali emissions originate from a number of sources (eg elevated open tanks), and its level depends on a number of process parameters/ mechanisms (ie splash filling, thermal currents in tanks, streams discharged from a pipe, tank temperatures, atomisation) and climatic conditions (eg wind speed and direction, rain, etc). Under normal operating conditions, there is a continuous low level of alkali emissions from the plant. Certain vessels within the plant have been identified as major contributors to this level of emission, while certain activities within the plant contribute to a temporary elevation (æspikeÆ) of alkali emissions. QAL developed a method using phenolphthalein-treated pads to measure emissions within and outside QAL boundaries. These provide no information about mass emission rates but are important for detecting if alkali material is present. Since mass emission rates are important for determining if improvements in emissions are made, QAL identified the need to design an improved sampling method. Following the development and implementation of a sampling and analysis method to monitor alkali emission concentrations, QAL is conducting a number of feasibility studies evaluating a range of alkali emission reduction options. The alkali measurement method will be used to track and demonstrate progress in this environmental initiative. This paper will discuss the measurement method and emission reduction options being evaluated.

Jan 1, 2005

By Just GD, Gillies ADS

The competitive coal market has required coal producers to put more effort into coal quality control. Successful quality control requires a good estimation of the in situ coal quality as well as a good estimation of the probable fluctuation of the in situ coal quality during production. Geostatistics offers a very promising way to meet this requirement. A geostatistical approach toward the coal quality control problem is presented. Two models, the prediction model and the conditional simulation model, have been developed for coal quality data from two large export coal mines in central Queensland, Australia. The mine planning and scheduling aspects based on this and other potential applications of the models are addressed.

Jan 1, 1990

By Ham G. I, Just G. D

The model considers a range of design parameters and operating condit- ions and evaluates the significance of these in the ultimate design of a mine. It also considers organizational features associated with the mining method and examines the inter-dependence between operations. An important characteristic of the model is the use of both stochastic and deterministic methods to study the behaviour of the complete mining system. The simulator selects the appropriate unit operation, computes and records its time, performs it and then calculates the production and cost data. Output is in the form of shift, day, week or period repor-ts. These reports will indicate problem areas such as restrictions in the production network for a given set of conditions. The likely effects of alternative means of solving these problems can be evaluated by changing the original input. Such information could be used by the mine management to select an

Jan 1, 1974

By T Warren, A Dempster, N Barnett, J Oh, S Saydam

The influence of the insulating properties of lunar regolith was shown in the sub-surface temperature tests performed by the Apollo missions, with no significant temperature fluctuations occurring below 80 cm from the lunar surface even if surface temperatures fluctuated >200 K between lunar days and nights (Heiken et al, 1991). Key to the thermal insulation of the regolith is its low density near the surface having the greatest insulative effect with the lunar regolith becomes denser with depth. As the regolith becomes denser, the thermal conductivity of the regolith increases (Hayne et al, 2017). Thermal modelling software, Oxford 3D Thermal Model, which mapped the lunar surface temperatures effect on the thermal influence at the lunar south pole sub-surface over a lunar year found areas with brief illumination with surface temperatures >120 K could have sub-surface temperatures <112 K that can sustain long-term stable water ice at depths of <30 cm (Paige et al, 1992; King et al, 2020). Further to this, the observation of water molecules or other hydroxyls by the NASA/DLR Stratospheric Observatory for Infrared Astronomy (SOFIA) in non-permanently shadowed regions (PSRs) on the Moon, indicated that water could be present beyond PSRs (Honniball et al, 2021). Using the Oxford 3D Thermal Model in selected regions in the lunar south pole, can provide insights into the location and depth of cold traps that could sustain water ice.

Nov 29, 2022

Australia has been an important producer of zinc minerals and metal for many years.Late in the last century Edgar A. Ashcroft, a versatile and enterprising electrical engineer proposed the treatment of zinc rich ores by roasting, followed by leaching to extract zinc, purification of the solution and electrolysis of the purified solution to produce zinc. Residues from the leaching operation were to be smelted in a lead blast furnace to recover lead, silver and gold.Ashcroft (1897-98) and (1898) has.given us a most interesting record of the attempts made at the Sulphide Corporation&apos;s plant at Cockle Creek near Newcastle, NSW, to put his ideas into practice. In spite of the best efforts of all concerned, including the use of electrolysis of aqueous chlorides and sulphates, zinc could not be deposited consistently and the project failed although lead smelting continued until 1922 (Woodward, 1965, p. 158). Based on later experience with Broken Hill materials the presence of undetected cobalt in the solutions was the likely cause of the inability to deposit zinc (Kirk and Othmer, 1956).

Jan 1, 1985

Fluid circulation occurs in oceanic crust of all ages, at the seafloor spreading axis, on mid-ocean ridge flanks, in the ocean basins, and in subduction zones. In the first three settings the fluid originates as seawater. At the axis and on the ridge flanks, the circulating seawater produces a major chemical exchange between the oceans and the crust. Based on heat budget constraints, between 10 and 40% of the river flux of Mg can be taken up during high-temperature alteration of the basaltic crust along the mid-ocean ridge axis. Most of the hydrothermal -heat loss, however, occurs on the mid-ocean ridge flanks, where the temperatures are lower and the seawater flux correspondingly larger. The estimated heat loss on the flanks is so large that upwelling must occur over a large fraction (5-30%) of the seafloor less than 65 Ma in age, at seepage velocities on the order of 10 to 100 cm/yr. The circulating seawater need lose less than 1 to 2% of its Mg content in order to solve the Mg mass balance for the oceans. Fluids in subduction zones are commonly less saline than seawater and are rich in methane and other light hydrocarbons. These fluids may originate by dewatering of the downgoing slab. If so, they may close the geochemical cycle of H2O that began with hydration of the basaltic crust at the ridge axis.

Jan 1, 1990

By K H. Esbensen

Sampling of grain, animal feeds (solid and liquid) including important mineral mixtures in the Danish agricultural sector is subject to an ongoing investigation with the objective of improving existing (suboptimal) sampling procedures. Results from the first six months are presented here; the project will continue for two more years and will include international collaborators (Australia and Canada). The Danish authorities have instituted a system of control analysis, which contains a set of mandated sampling and analysis methods. From a preliminary survey it was concluded that in fact all of the existing sampling procedures are not optimised in the light of Pierre GyÆs Theory of Sampling (TOS).

Jan 1, 2005

By O Ignatenko, A van Schaik

Environmental legislation for the process and manufacturing industries is frequently formulated without considering the fundamental limits of physics, chemistry and thermodynamics within process technology. Recycling of end-of-life goods is used in this paper to show how the limits can be evaluated on the basis of the theory of minerals processing and metallurgical engineering. This theory has been applied on European Union level to re-examine the legislation for automobile recycling in a recent stakeholder discussion involving the automotive industry (http://www.assurre.org). This theory and our models are finding their way into the computer aided design (CAD) tools of the automotive industry, developments that form part of a project to design the super light car of the future (http://www.superlightcar.com). Only such fundamental approaches will in future be able to provide the basis to argue and define realistic and sensible environmental legislation.

Jan 1, 2006

The present stage of economic development of the Broken Hill lode, attained after 40 years of active exploitation, leaves little opportunity for the study of the zone of secondary sulphides.Little remains of the oxidised zone, and the observations of the secondary sulphides of copper and silver can rarely be made on specimens collected in situ. A few specimens containing secondary...

Jan 1, 1927

By Tominaga Y

Mine ventilation control is one of the most important techniques to suppress the disastrous region within a limited area, to have enough time of emergencies (ignitions, fires and so on) for underground workers. The purpose of this paper is to introduce the simultaneous controlling of mine ventilation by using, micro computer connected to various kinds of sensors. In this study, basic of mine ventilation and graph theory are used for making computer programs when the characteristic curves of fans and temperature distribution in an underground roadway network are given.

Jan 1, 1981

By Belton G. R

The kinetics of the interfacial reaction of H2O on liquid silica-saturated iron silicates has been studied by means of measurement of the HDO-H2 isotope exchange reaction. The apparent first order rate constant, ka, was found to be inversely proportional to the H20/H2 ratio, consistent with two electron (melt to adsorbed/dissociating molecule) transfer mechanism and can be given by the expression In ka = -1.97 x 104/T + 1.57 - ln(pH2O/pH2), where the units for ka are mol cm -2 s-1 atm 1. The results of the current study are shown to be consistent with the indirect measurements of earlier work.

Jan 1, 1987

By Zharinov SE

Geonechanical modelling of island arc sys- tems and their analogs is investigated. Slow seismotectonic movements along the inclined deep fault zone under the compressive horizontal stress conditions are proposed to be the princi- pal mechanism controlling the structures and processes in the active continental margins. A model of shearing surface crack in an elastic half-plane is used for simulation. The main ele- ment of the model is viscous interaction bet- ween the crack sides, the viscosity varying with depth. To describe the stress-strain state of the medium an integro-differential singular equation is derived and solved numerically. The results of simulation are in good agreement with geological and geophysical data on the ac- tive continental margins.

Jan 1, 1987

During underground mining, rock mass changes can occur as a function of the mining sequence and excavation processes. Mining-induced rock mass damage can occur due to redistribution of static stresses and the application of dynamic stresses from blasting and seismic activity. These rock mass changes can result in a degradation of strength of the bulk rock mass and the remaining rock surrounding existing excavations. Rock mass damage near existing excavations which lead to excavation-scale instabilities such as rock fall, excavation closure, or visible rock mass fracturing can detrimentally affect the safety and profitability of mining operations.The focus of the current work was the prediction and assessment of damage to mine infrastructure occurring in relation to the blasting of a sublevel open stope. The study case involved a 60kt stope located in a highly-competent rock mass at a large Australian sublevel open stoping mine. The mine infrastructure of interest for investigation included local stope access development, critical access and haulage development crossing a regional-scale fault, an explosives storage magazine and a ventilation return air raise. The methods used to predict or assess the blast-induced damage to each infrastructure element in response to stope extraction were:- intact rock strength testing,- discontinuity mapping,- linear-elastic static stress modelling,- blast-damage mapping,- near-field blast vibration monitoring and analysis,- geophysical assessment using inferred stiffness and wave velocity methods, and- post-extraction void assessment.The results of the detailed blast damage prediction and assessment program at the mine site have been discussed by the primary author elsewhere (Fleetwood, 2010). The current work will address blast-induced damage to mine infrastructure as a result of extraneous blasting vibrations from stope production blasting. A method for predicting the amplification of excavation surface motions from reflecting body waves will be discussed as well as the results of damage mapping around the study stope. The results of the damage mapping program identified blast-induced damage that occurred to the surface of the explosives storage magazine and local stope access development. No damage was observed at the main fault crossing or return air raise where higher vibration amplitudes were measured or predicted.

Dec 6, 2010