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By J H. Heo, J H. Park, M J. Lee

In this paper, the challenging points regarding the high temperature physical chemistry of slags to achieve the improved and stable electric arc furnace (EAF) or electric smelting furnace (ESF) technology on the way to green steel will be reviewed, and the recent experimental and modelling research will be discussed. For example, the initial melting phenomena of hot briquetted iron (HBI) and the slag formation behaviour was observed using a high-frequency induction furnace. Main component of gangue oxides in HBI was SiO2, Al2O3, and CaO in conjunction with unreduced iron oxide. To increase the dephosphorisation efficiency, the distribution ratio of phosphorus between metal and slag was calculated using FactSage™ software, version 8.2 (CRCT ThermFact, Inc., Montreal, Canada) and was compared to the measured results. The optimisation of slag chemistry is required not only for maximum dephosphorisation efficiency with good slag foamability but also for minimum slag volume with less refractory corrosion in EAF process. The slag chemistry is also one of key parameters affecting the operation efficiency in ESF in view of FeO reduction behaviour, viscosity, sulfide capacity, etc.

Jun 19, 2024

By G B. Douglas

Lime-based neutralisation has long been the remediation treatment of choice for acidic mine pit waters. While suited to the attenuation of acidity, lime-based neutralisation may be difficult to implement efficiently due to variation in quality and the partial loss of neutralisation efficiency due to armouring. Large volumes of gypsum-bearing sludge may also require mechanical dewatering and transfer to final voids prior to resumption of in-pit mining or closure. Thus, operational costs may be substantially higher than primary neutralisation alone. Lime production also results in large greenhouse gas (CO2) emissions.Hydrotalcites (HT) are a class of Mg-Al layered double hydroxide minerals with the composition Mg6Al2(CO3 )(OH)16.4H2O. A range of other divalent and trivalent cations may also readily substitute for Mg (eg Cu, Ni, Pb, Zn), Al (eg Fe, La, Ce) and metalloids/oxyanions (SeO42-, AsO43 -/CrO42 -, MnO4-) for CO3 into the hydrotalcite structure. A common feature of acid mine pit waters, often overlooked in assessment of potential remediation options, is the frequent predominance of divalent and trivalent cations as a consequence of partial decomposition of both ore and gangue minerals during in-pit wall rock leaching. Thus, given the presence of substantial divalent and trivalent cations in acidic mine pit waters, an opportunity exists to exploit and in effect work harmoniously with the prevailing pit water composition to form a polymetallic hydrotalcite.The utility of hydrotalcites in the remediation of acidic mine pit waters lies in their ability to incorporate a wide range of contaminants; instantaneous formation, often in a single step; simple post-treatment solute composition; rapid settling; low sludge volume; and the potential to form ore-grade precipitates potentially amendable to reprocessing to (partially) recover remediation costs. Examples of hydrotalcite formation as a method to remediate contaminated acidic mine pit waters at laboratory-scale to full-scale will be presented.CITATION:Douglas, G B, 2015. Whither lime? In situ hydrotalcite precipitation as a method of remediation for acidic mine lakes, in Proceedings Tailings and Mine Waste Management for the 21st Century , pp 97–104 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 27, 2015

DIVERSITY There are plenty of examples to show that diversity has been the fundamental downfall of many organisations, particularly when you consider the international position. What about core business, the return of companies to key competence directions and market focus. The stockmarket for instance defines groups and companies in key groups of core business. The expectation is that companies toe the line and do not diversify across their areas of defined expertise. In essence, the market has given notice that the requirements are to focus and stick to our core business. So what right does the conference have to suggest that diversity is the key to prosperity. Hasn't the organiser read the book, studied the history, listened to the market - obviously not. Have they got it wrong, My feeling and belief is no - the organisers have got it right. However, the matter is not as simple as first perceived. What is Diversity, or Diversification as I would prefer? Is it a product position? Is it a geographic position? Is it an expansion or change in services offered? Does a gold mining company diversify into copper or diamonds or aluminium or nickel? Does a gold miner in Australia diversify into China or Kazakhstan or West Africa? How do the two relate? They don't. A successful company will always possess a 'core competence' not so much a 'core business'. The best example of this is the service company extraordinaire - McDonalds. They don't sell hamburgers or french fries, they sell a service, a convenience, a lifestyle. The core business is hamburgers and if McDonalds were to diversify further into new styles of hamburgers, I suggest to you they would fail. But if McDonalds were to diversify into other products based on their 'core competence', provision of service, then I would suggest to you they would be very successful. The service procedure, service machine, service system, the formula, stava the rnnetant the nrnrlnrte -

Jan 1, 1996

Gold rush histories are usually written as though they were unique events in the development of a region or nation. While this is a valid way of looking at gold rushes, it is not the only way. This paper is a brief attempt to relate the West Coast rushes to a wider context. During the second half of the nineteenth century the lure of gold transformed the Pacific Rim. Gold rushes drew more than half a million Europeans and Americans to lands bordering the Pacific. By 1900 a chain of mining, industrial and urban centres ran from California to Alaska; from Ballarat to New Guinea, and on to Western Australia. The New Zealand rushes were a significant chapter in this story. People, cargo and information passed from rush to rush. Techniques learned on earlier goldfields were imported; those developed in New Zealand were, in turn, taken up elsewhere. Administrative systems and regulations developed in Australia were implemented in New Zealand, improved and passed on to Canada. This interconnectedness was so strong that gold-seekers thought of the mining regions as a distinct culture, 'the whole digging world'. Much can be made of the similarities shared by rushes. But comparison can also highlight the individuality of each rush. +The early days of the West Coast rushes were perhaps the strongest assertion of a diggers' culture. A brief period in which a remarkable orderliness was created through mateship, self-regulation, and the occasional threat of rough justice. The West Coast rushes were both a unique experience and an integral part of a process which transformed the Pacific Rim during the nineteenth century. Understanding their part in that bigger story highlights just how unique they were.

Jan 1, 1996

By K L. Olzard

At the WMC Resources Phosphate Hill operation, monitoring the quality of the ore delivered by the mine to the beneficiation plant is of prime importance to ensure the fertilizer is produced cost-effectively through the various stages of production and meets customer quality requirements. P2O5 and Fe2O3 are among the critical-to-quality elements. Fe2O3 is a key performance driver as it is an impurity that adversely impacts some of the chemical processes. The ore is supplied to the plant on a conveyor belt that is equipped with an automatic sampler. Increments are taken off the flowing ore stream at regular time intervals. A variographic experiment was conducted to investigate sampling strategies capable of estimating ore properties over a 12-hour shift to a nominated level of precision. The combination of individual increments into a shift composite was included among the strategies that were assessed. The experiment involved collecting data at regular time intervals and preparing variograms to characterise the feed-grade variability on the conveyor belt. Duplicates were also collected to assist in quantifying the precision of the subsampling stages of the sampling protocol and assay accuracy was monitored with matrix-matched standards. Various sampling schemes were evaluated by combining geostatistical techniques and the sampling theory of Pierre Gy. The following parameters were varied: the number of increments, the increment-size reduction leading to the composite, the masses of the subsequent sampling stages and the number of analytical determinations. This paper describes the planning of the variogram experiment, the various phases of data collection and the methodology used to process the data. It discusses the development of some of the sampling schemes that were considered.

Jan 1, 2005

Based on relative CO2, N2, and 3He contents, geothermal systems of the Taupo Volcanic Zone, TVZ, can be subdivided into two major groups: arc-type systems, associated with andesitic magmatism along the eastern boundary of the TVZ, and rift-type systems over its western parts. The highly increased N2/3He, CO2/3He and CO2/Cl ratios of the former are ascribed to entrainment of large proportions of volatiles of subducted, marine sedimentary origin. The largely rhyolitic, rift-type magmas are assumed to have formed from volatile-depleted, residual melts. Correlations of Cl and CO2 with heat contents suggest that formation of the two types of source magmas involves mixing of two end member components: a low-volatile melt with a heat/Cl ratio of 25 Ml/mol (0.7 MJ/g), and a low Cl vapor with a heat/CO2 ratio of 5 Ml/mol. On the basis of these values, the heat associated with andesitic magmas is found to be carried in close to equal parts by both vapor and melt; for the rhyolitic melts the proportion contributed from the vapor is only about 2%. The heat/He ratios of the rhyolitic source magmas for the rift-type geothermal discharges from the TVZ of 0.12¦0.05 Ml/pmol is within the range of 0.05 to 0.2 Ml/pmol of the upper mantle. The higher heat/3He ratios for the arc-related magmas of 0.4¦0.2 Ml/pmol are likely to be due to the high proportions of heat carried in the form of a separate, low 3He vapor phase derived largely from subducted sediments.

Jan 1, 1995

By D J. D'Astoli, M D. Goodz

In 1993 a detailed review of drill sample yuuluy was rouxluard through twin and triplet drill holes using open hole, crossover suhreverse circulation (RC) and diamond drill methods. Advances in face-sampling RC methods demanded a further review of the validity and reproducibility of drill sample data. A program was undertaken to drill three RC holes using the latest technology (new face- sampling bits, dust suppressers, cyclones and compressors). Volumetric and mass studies were undertaken to review sample recoveries. Modal analyses on indicator minerals were logged to interpret the relative degree of mineralisation. Ambiguities in the results were immediately apparent and the consensus was for follow-up twin diamond holes using HQ3 coring tubes. The most mineralised RC hole was selected for the first twin diamond hole. This RC hole (MS 313) encountered one intersection of >0.47 g/t; in contrast the diamond hole (MS 342) had nine intersections at > I g/t. Results at hand show definitively that face-sampling RC drilling is not acceptable as a method of exploration for gold deposits of the Woods Point type. Furthermore it is demonstrated that RC drilling should not be used for any type of exploration of high-grade gold vein deposits related to highly fractured or porous hostrock, or areas of previous mining activity. Methods are proposed for reviewing of rates of sample recovery, distribution and cross-contamination. Comparisons also show that in limited metreage reconnaissance drill programs, diamond drilling is more similar to percussion in per metre costs, than it is credited with, and always provides more bang for the Buck.

Jan 1, 1997

Well designed and maintained haul roads are the key to minimising truck haulage on-road hazards and costs, as well as increasing productivity. However, practically designing and managing a haul road for optimal performance is often diff cult to achieve. Poorly designed and built roads exhibit high rolling resistance - a one per cent increase in road rolling resistance can typically reduce speed on ramp by as much as ten per cent - and on the f at by up to 26 per cent. In the current economic climates, investment and operating decisions come under scrutiny. In the long run, this scrutiny returns improved efficiencies and leaner, healthier operations. The focus of this evolving evaluation process should and will certainly fall on haulage operations - simply by virtue of their contribution to overall cost of operations - often in excess of 50 per cent of total costs for deep open-pit mines. Whilst the end result - improved efficiency and reduced cost per ton hauled - is not in itself problematic, it is the route, or process followed to achieve these savings that needs to be carefully managed. We can be guided on this journey by our understanding of how a road is designed, and, critically, the interplay between a good design and safe, cost efficient haulage.This paper brief y summarises the evolution of mine haul road design, from the seminal USBM work of Kaufman and Ault in 1977, through to current geometric, structural, functional and maintenance management design components. These augmented design and management guidelines have been developed over the past decade, both in response to the requirements of mine operators for more safe and efficient haulage systems, and the truck manufacturers' requirements for a more predictable and controlled operating environment. These developments have been paralleled by the need to minimise haulage hazards, both from a health and safety perspective. Generally, both objectives have been achieved, but with some specific areas of design and operation still presenting ongoing potential health and safety hazards.The paper then summarises current design guidelines for these safety-critical issues, both from a road-design 'best-practice' and road management perspectives. Implementation of the approach is seen as a basis for reducing the potential of an under-designed mine road to lead to health and safety defects and secondly as a means of giving haul road safety and performance issues greater prominence in the minds of the road-user, operator, mine planner and designer alike.

Dec 6, 2010

James Barnes is Managing Director of James Barnes & Associated Ltd which is a company that has invested ten years of development to provide developers with a transparent, user friendly consultation framework that identifies who needs to be consulted, how they are to be consulted and procedures required to manage the risks associated with getting all the wrong! Despite the assertion above, this paper is not about to provide delegates with the answer to whom they ought to consult or identify the expectations that Maori might have in regard to the consultation process. It would be a very brave person indeed who would venture an opinion on such a sensitive subject. There are no short cuts to finding out what expectations Maori might have on any given situation. Nothing can be taken for granted. What this paper will attempt to do however is provide practical insights into what might be on the minds of Maori interests as they deal with the issues associated with mineral resources, particularly those under Treaty of Waitangi Claim. The Treaty of Waitangi has a significant bearing on the current debate between Maori and the Crown regarding ownership of mineral resources in New Zealand. The Waitangi Tribunal is currently hearing a case presented by a number of Iwi over the ownership of oil and gas resources in Taranaki and Hawkes Bay. Others will follow. The Crown and Maori have never been able to settle differences over ownership rights without resorting to legal action and it looks like this scenario is about to be repeated in regards to minerals. The Crown has a duty to actively protect the Maori interest. This is a fundamental expectation in the relationship between Maori and the Crown. In the case of minerals, Maori have yet to see the Crown do its duty. The impact on developers has become evident through Maori objections to consent applications as the issues of mineral right remain unresolved.

Jan 1, 2000

EARLY in 1911 the Public Service Board of New South Wales suggested the advisability of inaugurating a School of Mines at Broken Hill, arid made inquiries to determine how such an institution should be conducted. He, the author, believed the Board, as a result of the inquiries, was in favour of the project being worked in conjunction with the Technical College, and hoped to be ready to receive students at the commencement of 1912. That the inauguration has not yet taken place is probably due to the vast amount of consideration and preparation that a new departure of the sort would require. At the present time New South Wales or, to speak more broadly under the same denunciation, Australia is not at all suitably catering for the technical training of young men to provide the increasing demand for officers to work the valuable mines within its territory...

Jan 1, 1912

The collapse of the I.T.C., the subsequent fall in the price of Tin, and the lifting of quotas saw the Renison concentrator resuming full seven- day operations at maximum capacity in 1985/86. Performance was sus- tained in terms of grade and recovery, and in some areas improved, over this period. A further challenge was declining head grades, and the need to treat higher proportions of less amenable ore types. The complexity of the flowsheet and the method of mining and ore handling predisposes the process to unstable operation, and solving this problem comprises a major component of the current development effort. The concentrator has an imbalance of capacity between processes, and excess in some areas is being adapted to enhance the capacity of others. Magnetic susceptibility of various minerals is being exploited to greater effect. Significant performance gains are achievable by improving exist- ing unit process efficiency, particularly in grinding, gravity processes and Cassiterite Flotation. This paper reviews the metallurgical developments, both recently implemented and planned for this year, which have contributed to main- taining Renison Limited in a competitive position in the post I.T.C. Tin industry.

Jan 1, 1988

By Kasai H, Hibi T, Matsuishi S

Coal oil mixture (COM), a liquid fuel pro- duced by mixing together coal and heavy oil on the 50-50 basis, has been brought to a level of practical use in Japan, being actually employed by a oil fired system at Yokosuka Thermal Power Station of The Tokyo Electric Power Co., Inc. A COM Production Plant, built in Onahama which is located about 160 miles from Yokosuka, required COM to be transported by sea. Mitsubishi Heavy Industries, Ltd. therefore performed a series of studies to develop a spe- cialized COM carrier, the world's first of its kind. Long lasting high stability is of pri- mary importance to successful use of COM. Much have been done in the way of research on stability of COM in the static storage, and the mechanism of COM static: stability is almost completety known. On the other hand, the knowledge about the COM dynamic stability, such as the stability while being transported aboard the COM carrier at sea, is still limited at the moment. The motion of COM aboard the COM carrier and how COM would settle were studied by tests. A visualization test on the COM behavior under dynamic motion was also performed and the mechanism of COM dynamic stability was analysed. The tests showed that the ship rolling motion had @n effect of promoting the settling of coal content of COM in the cargo hold. And studies were also made to device a method for esti- mating the settling quantity of coal during sea Transportation.

Jan 1, 1987

By D J. Robinson, L L. Kuhar

In-situ recovery (ISR) is accepted and applied across many geographies, and approximately 50% of the world’s uranium is currently extracted by using an ISR method (World Nuclear Association, 2014). The low environmental impact, the elimination of risk for mine workers and the fact that all of the lowest-cost producers of uranium use an ISR approach should raise interest from traditional miners (IAEA, 2014). However, the broader application of ISR to other commodities and mineral systems remains limited. A number of demonstration (experimental) copper projects have been undertaken (Sinclair and Thompson, 2015) with a few copper projects in Arizona being close to demonstration (Florence, 2018 and Gunnison, 2018). Evidence of very few economically operating ISR copper projects can be found (for example, the Russian, Uralgidromed OAO, built by the Russian Copper Company in 2005 and operated as an ISR facility from the Gumeshevskoye deposit (Russia Mining, 2018). A number of gold deposits, particularly paleochannel deposits, have also been considered for ISR, but, to the best of our knowledge, only limited demonstration and no commercial operations have been established, yet (Kuhar et al, 2018 and references therein).CITATION:Robinson, D J and Kuhar, L L, 2018. Extending mine life through application of an in situ recovery approach, in Proceedings Life-of-Mine 2018, pp 56–57 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 25, 2018

By P Steinier

Most operations, when considering their comminution circuit, are primarily concerned with achieving the desired particle size distribution to obtain adequate liberation for the separation process, at minimum cost. Invariably, the effect the grinding media has on the subsequent separation process (ie flotation, leaching) is not taken into account when selecting the media. This choice is driven by cost rather than metallurgical outcomes. Maximising valuable mineral recovery, with optimum selectivity against gangue minerals, is about good particle preparation. And, particle preparation is strongly related to achieving adequate mineral liberation with the correct pulp chemical conditions. However, the pulp chemistry of a system is largely ignored and relies heavily on pH control and the addition of appropriate reagents (collectors, frothers, activators, depressants). The changes effected by the addition of the various reagents are obtained through conditioning the ground pulp prior to or during the concentration stage, subsequent to grinding. Frequently, reagents are added during grinding with good effect, but the impact of the grinding media on down stream processing is usually overlooked. A number of case studies examining the effect of grinding media on pulp chemistry and subsequent flotation performance were completed on several different sulfide mineral systems (for example, lead/zinc, copper, refractory gold). The evidence suggests that a change in grinding media type from forged to high chrome (ie conditioning the pulp during grinding) resulted in a shift in pulp Eh to less reducing conditions, an increase in the dissolved oxygen content of the pulp and a reduction in the iron species present. The changes have a positive impact on flotation behaviour. The results of the case studies are discussed.

Jan 1, 2004

By C Hall, J L. Mauk

New 40Ar/39Ar dates of vein and wall rock adularia from seven epithermal deposits and one porphyry copper prospect help constrain the ages of mineralisation in the Hauraki Goldfield. Vein adularia from the Paritu region yielded a single 40Ar/39Ar plateau date of 16.315 ¦ 0.066 Ma. Five 40Ar/39Ar plateau dates of three samples of vein adularia from the Opitonui deposit overlap within error to yield a preferred age of 13.149 ¦ 0.016 Ma. Two samples of vein adularia from the Night Reef at the Broken Hills deposit yield exceptionally flat 40Ar/39Ar plateaus, and all dates overlap within error to provide an age of 7.121 ¦ 0.010 Ma. Two 40Ar/39Ar plateau dates of one sample of vein adularia from the Wharekirauponga deposit overlap within error to provide an age of 6.318 ¦ 0.061 Ma. Four 40Ar/39Ar plateau dates of three samples of vein adularia from the Maratoto deposit overlap within error to provide an age of 6.411 ¦ 0.022 Ma. Two samples of adularia from altered wall rock at the Sovereign deposit yield three 40Ar/39Ar plateau dates that range from 6.547 ¦ 0.021 to 6.806 ¦ 0.028 Ma. This suggests that mineralisation formed around 6.6 Ma, but the results are complicated because the adularia contains minor illite that post-dates adularia formation. Results from the Karangahake deposit are complex. Two samples of vein adularia yield three 40Ar/39Ar plateau dates that range from 6.116 ¦ 0.116 to 6.901 ¦ 0.101 Ma, whereas one sample of wall rock adularia that contains minor late illite yields two 40Ar/39Ar plateau dates that overlap within error to provide a date of 5.734 ¦ 0.041. The range of dates indicates that more work is necessary to understand the history of mineralisation at this deposit. Two samples of vein adularia from the Tui deposit yield four 40Ar/39Ar plateau dates that overlap within error to provide an age of 5.714 ¦ 0.017 Ma. These results confirm previous work that indicates that the ages of epithermal deposits young southward in the Hauraki Goldfield. These results are also consistent with previously postulated different ages for deposits hosted in Kuaotunu Subgroup rocks in the northern goldfield (>10 Ma), and deposits hosted in Waiwawa Subgroup rocks in the southern goldfield (7.1 to 5.7 Ma).

Jan 1, 2005

In the last 40 years, New Zealand has developed a number of liquid- dominated geothermal steam fields, for electricity generation and indus- trial process steam. New technologies were developed, and in this work, New Zealand led the world. The policy of full publication of the results, in a wide range of sciences, provided a reservoir of detailed data defin- ing the geology, size and shape, and the chemical and physical regime, of many geothermal fields and their constituent parts. The discovery of precious and base metal deposits /precipitates in geothermal drill cores and steamfield equipment, suggested a clear link- age with epithermal mineral fields in general, and with that of the Coromandel (Hauraki) Region in particular. Further work on geothermal/ epithermal relationships have implied that the techniques, developed to obtain an understanding of geothermal fields, could be applied also to epithermal mineral exploration. This work is developing fast, and is now proceeding in many coun- tries. Future work may show that the presumed relationship between geothermal and epithermal deposits may be applicable in the wider con- texts of all hydrothermal deposits, and possibly in many other minera- lised areas with volcanic "country rocks".

Jan 1, 1988

By Williams RE, Ralston DR

Acid mine drainage is a serious environmental and economic concern, resulting in regulation of the mining industry and significant water treatment costs. An interdisciplinary approach is needed to analyze the many aspects of a complex acid drainage problem. This paper describes the integrated application of techniques from the following fields to the characterization of acid drainage at a large underground lead-zinc mine: 1) hydrogeology, 2) surface stream analysis, 3) structural analysis of fracture distribution, 4) hydrochemistry, 5) geostatistics, and 6) multivariate statistics. The Bunker Hill Mine in northern Idaho, is developed in highly fractured and faulted quartzites and discharges 95 L/sec of water with an average pH of 2.8 and an average zinc concentration of 120 mg/L. Research has been conducted on all aspects of the acid water production and drainage problem. Recharge to the mine has been investigated using geophysical techniques and tracer studies. Fracture mapping and geostatistical analysis of the fracture data have been used to determine characteristics of inflow to the mine workings. Hydrograph analysis techniques have been applied to water flow data within the underground workings. Chemical sampling and analysis have been used to identify acid producing workings, and better understand mechanisms controlling acid water production. Multivariate statistical techniques have been applied to analyze the quality and flow data. Research results from the many subprojects of the Bunker Hill study reveal the importance of an interdisciplinary approach to the analysis of acid mine drainage problems.

Jan 1, 1988

By D Cliff, K Bailey

Traditionally occupational health and safety (OH&S) has been managed for the direct benefits of reducing injury and illness to workers on mine sites. In the current skill shortage climate it is important to recognise the value that OH&S management can have in assisting mines in minimising their exposure to this issue. In times of skills shortage turnover is high as mines poach personnel from each other. This leads to loss of corporate knowledge and loss in productivity through the need to train new personnel in mine-specific operating procedures. In addition absenteeism can significantly disrupt production as there may be no ready replacements available for key jobs. Pressure will be placed upon workers to remain at work even though they are not completely fit for work, leading to presenteeism and consequently loss in productivity. In addition to the threats to routine operation, the loss of management and professional staff can significantly increase catastrophic risk through loss of experience and corporate knowledge. There is increased pressure to focus on events that occur regularly in the here and the now and underestimate the rare, or unlikely, events.The theme of this paper is that by properly addressing OH&S management at mine sites, companies can minimise their exposure to these problems. Put simplistically, a safe and healthy mine is a sustainable and productive mine. Case studies and relevant literature will be used to support this premise.CITATION:Cliff, D and Bailey, K, 2012. Health, safety and sustainability, in Proceedings International Mine Management 2012, pp 53-58 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 20, 2012

By K Morrison

Australia’s ageing population means that by 2050 there will be 2.7 people of working age to support each Australian aged 65 years and over compared with five working people per retiree today and compared with 7.5 in 1970 (Swan, 2010). This means that there is going to be a greater demand on social services – for medical and aged care – from a smaller private income base. How will this gap be met? Australia is fortunate in that it has vast resources of mineral wealth; from iron ore, nickel and gas in Western Australia to the giant copper and uranium deposits at Olympic Dam in South Australia.The prospect of a meaningful profit based tax on this vast mineral wealth has been lost through Australian government’s handling of the issue in 2010 and with an industry fiercely opposed to the prospect of a mining tax. Hence, new ways of thinking are required. This paper looks at the issues facing the implementation of a novel scheme whereby Australia leases the mineral resources it extracts and thus derives income over the decades the metals are in-use in pipes, wires and structures with a premium paid for unreturned material or that used in dissipative applications. Applicable minerals could include copper, aluminium, nickel and rare earths. If Australia simply digs up and sells the metals once, the buyer becomes custodian of that resource and they benefit from controlling the future ‘above-ground’ resource stock.A complementary driver for a leasing scheme is the increasing importance of chain-of-custody following initiatives of the Responsible Jewellery Council with gold and diamonds, now with the potential to extend across commodities. The Australian minerals sector could thus position itself as a premium supplier with high social and environmental credentials.Recognising the implementation challenges, this paper includes a review of how such a system could be enforced to ensure that the metal is tracked throughout its life. It concludes with a discussion of the rates and terms should such agreements hold and suggestions for institutional arrangements for enforcing compliance.

Nov 22, 2011

With some notable exceptions, marine placers located just below, or just above, present sea level, are responsible for much of today's production of detrital ilmenite, rutile, zircon, and other minerals of value. The purpose of this paper is to discuss the paleogeographic and paleo-oceanographic factors which may have determined the location of presently submerged marine placers. These factors include changes in sea level, burial by recent marine sediments, stream capture and other changes in drainage patterns, and recent changes in climate. Selected geologic situations in the Yellow Sea off the coast of Korea, in the Atlantic Ocean off the coast of Portugal, in the Bering Sea off the coast of Alaska, and in the Arabian Sea off the coast of India, will be used to illustrate the author's point of view.

Jan 1, 1971