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Drill and blast operations account for 12 - 15 per cent of total mining costs. This paper looks at a comparison between electronic detonators and non-electric detonators, focusing on the cost benefits associated with the high precision of the timing sequences of electronic detonators. An analysis of the total mining costs was made on two main case studies; one on a quarry in South Australia (Martin, 2007) and the other on a project undertaken at Sunrise Dam (Vaughan et al, 2007). The criteria used in the analysis included; the resulting fragmentation, a vibration analysis, crusher throughput and productivity analysis such as excavator cycle times, dig rates of the excavator and bucket fill factor. The results indicate that there were consistent production improvements and hence reductions in total mining costs attributed to the use of electric detonators. An increase in the degree of fragmentation gives lower crushing costs as more material passes through as undersize. This reduces truck delay time at the crusher, which in turn gives higher truck and shovels productivity as well as higher dig rates for the excavators.

Jan 1, 2008

About 11,000 tons of contaminated zinc flotation concentrate were available in the form of earth walls from dams used for atmospheric drying of the concentrate.Following successful laboratory tests this material was treated in a plant by crushing, grinding, and then flotation in a circuit consisting of roughing, scavenging, and two stages of cleaning. Reagents used were copper sulphate and a little butyl xanthate and frother. About 5,720 tons of zinc concentrate assaying 52· 3 per cent zinc were produced.

Jan 1, 1968

By T Kilpatrick

Managing heat stress on Australian mine sites is a complex and enduring challenge due to the combined and variable contribution of environmental conditions, physical activities, and protective equipment. Inappropriately managed, heat stress can place significant physical strain on workers, leading to serious and chronic health issues. Additionally, excessive heat stress can dramatically reduce productivity, with 30 per cent of workers reporting a loss of productivity due to occupational heat strain. In Australia, due to increased absenteeism and reduced work performance, heat strain is estimated to have an annual economic burden of over $8 billion.

May 5, 2022

By Wright S

The feed to the Cockle Creek Imperial Smelting Furnace consists of mixed Pb/Zn con- centrates and lead sulphate-containing elec- trolytic zinc plant residues. Roasting was investigated as a means of desulphurizing the feed to less than 1%. Laboratory studies showed that two process streams were required in which concentrates containing 20% Pb were roasted separately from the leach residues. The residues along with fume from the roast- ing and a portion of concentrate were desul- phurized by means of the roast reduction reaction. Conditions were defined to give

Jan 1, 1986

By J R. Ruiseco, D La Rosa, L Julian, W Hunt

The DeGrussa copper-gold deposit is located 900 km North of Perth. Copper-gold bearing massive sulfide lenses occur in lower greenschist facies meta-sedimentary and mafic volcanics of the Bryah Basin. Regional folding, faulting, and tilting of the stratigraphy primarily occurred during the Capricorn Orogen (Johnson, 2013). The Shiraz Fault and Merlot Fault are regional oblique-sinistral faults that offset the DeGrussa massive sulfides lenses into three fault blocks by ~350 m and ~120 m, respectively. A network of deposit-scale brittle-ductile faults splay from, and in one example are cut by, the Shiraz and Merlot faults. This results in localised ore displacement, selvage alteration and degradation of the rock mass integrity. Historically, only the Shiraz and Merlot Faults were modelled and validated during mining and grade control. The requirement for a comprehensive structural model became more relevant as mining became advanced and confining stresses on local rock mass became more complicated. The DeGrussa Structural Model has been developed to delineate areas of structural complexity and is an important tool in mitigating rockfall risk through well informed technical design. During this process, every accessible excavation was walked and structurally mapped. New workflows in Leapfrog Geo and new technology, including an app that runs on mobile phones streamlined the validation process. Drill hole orientation was a limiting factor during validation. At the time of writing this submission, the DeGrussa Structural Model consists of 34 faults, and is now an important tool for the Technical Service team when developing mine plans and schedules. Applied structural geology is often seen as exclusive to those with a PhD in the field. Faults at DeGrussa have been modelled and reconciled by a Mine Geologist and Geotechnical Engineer, using first principles geological characterisation. This is a simple process that demonstrates any geologist can contribute to a structural model, provided they understand the fundamentals of unbiased structural measurements and consistent record of observation

Mar 22, 2022

By A N. Danoucaras, S E. Goater, D Hearne, A M. Bansuan

It is globally recognised that existing and emerging mining activities should be conducted in a æsustainableÆ manner for the entire life of mine. Many companies annually publish corporate sustainability reports to demonstrate their actions in accordance with international expectations. This concept of sustainable mining practices also applies to mine water management, with influences often extending beyond site operations, affecting surrounding catchments and community users. This paper explores differences in conceptual and operational terms of æsustainableÆ mine water management within the Philippines. Outcomes of a review of corporate sustainability reports, governance documentation, research programs, and stakeholder knowledge acquired through action-research workshops are presented. The paper aims to inform and support future capacity building exercises delivered by the International Mining for Development Centre (IM4DC), with outcomes tailored to government officials and policy makers of developing countries. The project is funded by IM4DC, which is working with AusAID to identify needs and develop capacity with regard to mining for development; specifically, issues pertaining to governance and regulation, social and environmental sustainability, and operational effectiveness in developing countries.CITATION:Bansuan, A M, Goater, S E, Danoucaras, A N and Hearne, D, 2012. Integrated sustainable water management in mining for development in the Philippines, in Proceedings International Mine Management 2012, pp 205-226 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 20, 2012

By B Bonfils, P Lois Morales, C Evans

One of the main challenges for current and future mining and processing methodologies is to understand the characteristics of the rock so that its behaviour in one or more parts of the mining process chain can be predicted. Features such as rock texture, mineralogy or border complexity between minerals control how the rock behaves from the processing plant through to the final products, including tailings disposal and thus can affect the feasibility of the project from technical, economic and environmental impact perspectives. Understanding how the mineralogy and texture of rock affect its behaviour in mineral processing is a demanding area of research and is essential knowledge in predicting the processability of complex ores in different stages. This study aims to demonstrate that different types of relevant information can be extracted from a range of currently available analytical methods. However, this information can be used in a complementary way for building a more comprehensive rock characterisation at the microscale and better-predicting ore processing characteristics from the intact rock through to tailing disposal. CITATION: Lois Morales, P, Evans, C and Bonfils, B, 2018. Multisource rock characterisation at microscale for a better understanding of processing characteristics, in Proceedings Complex Orebodies Conference 2018, pp 44–48 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 21, 2018

By N Lima, A Piçarra, L Filippov, I Filippova, M Marques, K Silva

The iron industry produces a considerable amount of tailings per annum, due to its substantial volumes of production. The actual iron ore processing routes require the removal of slimes fractions. In addition to iron oxides and quartz, the iron ore slimes are generally composed of other minerals such as kaolinite and finely dispersed iron hydroxides which impact significantly the performance of reverse cationic flotation. In this study, we propose a two stage processing route that would allow further beneficiation of iron slimes which are not successfully beneficiated, avoiding their disposal as waste. The new amidoamine reagent was tested as a collector in a two-stage route to process two samples of iron ore slimes with d50 close to 10 μm and with high kaolinite content (13 to 20 per cent). The results showed that it was possible to obtain iron concentrate with 66.5 per cent iron and 48.4 per cent mass recovery for a feed containing 48.9 per cent Fe associated with hematite (39 per cent) and goethite (32 per cent). The collector efficiency was improved by mixing with frother for the slimes with higher goethite content of 55 per cent: the concentrate grade was increased from 58.8 per cent to 64.5 per cent with addition of the frother at the expense of reducing operation metallurgical recovery from 87.8 per cent to 75.6 per cent. The efficiency of the process was improved by applying an external energy impact to disperse the fine particles and clean the surface of the minerals. The new amidoamine collector does not require a depressor such as corn starch and may provide the development of new concentration routes for complex ultrafine iron ores. The combination of the amidoamine-based flotation at first stage with high intensity magnetic separation allowed development of optimised two-stage processing routes to valorise the iron ore slimes rejected to the tailings in the actual flotation plant.

Sep 18, 2023

By J H. Kyle

Cyanide is a significant cost in gold processing, as well as an environmentally sensitive issue. It has been suggested that precipitation of cyanide from leach liquors as copper-iron-cyanide compounds such as Cu2Fe(CN)6 may account for part of the total cyanide consumption. This may be especially true for ores that are rich in both copper and iron minerals. Ammonia addition has been shown to decrease the cyanide consumption by copper. Cu2Fe(CN)6.xNH3 precipitates have also been postulated to form during conventional cyanide detoxification processes, using oxidants such as SO2/air, with ammonia arising as a breakdown product from the oxidation of free cyanide. The present work has examined the conditions under which such precipitates may form, particularly in gold plant process and detoxification liquors. Ammonia and pH were found to have a large effect on the extent of precipitation. The compounds that were formed were found to comprise mainly Cu2Fe(CN)6.7H2O, as well as a range of NH3-bearing variants. The stabilities of the various precipitates are important from an environmental perspective. The long-term stability of copper ferrocyanide precipitates in tailings dams may be a problem under alkaline conditions and when some free cyanide is present, elevating the measured total cyanide in solution significantly. Case studies including data from actual plants are also considered, and the importance of these effects is reaffirmed from these results.

Jan 1, 2000

By Upfold RW, Velzeboer MD

An underground mine fire will influence the ventilation equilibrium in several ways which results in a redistribution of the ventilating quantities and pressures throughout the whole mine. The ventilation carries the combustion products which constitute the greatest danger of mine fires through the mine and provides the oxygen on which the intensity of the fire depends. However, as a result of the ventilat- ion disturbances created by the fire, changes in airflow patterns can take place which are not always obvious, especially when the mine is being served by several fans. The use of com- puter simulation techniques allow for the likely effects to be tested and the different ventilation options to be evaluated as an integral part of the overall emergency/rescue planning and control procedures.

Jan 1, 1981

By P Holtham, K Duffy, W Valery, A Jankovic

In the face of increasing energy costs, limited water resources, more stringent legislation, and lower feed grades, the mining industry is searching for more sustainable technologies and practices. Metso Process Technology and Innovation (PTI) is undertaking a research project, ‘improving the resource and eco-efficiency of mining operations’, to help the industry meet these challenges. The project is investigating alternatives in mining and processing that reduce energy and water consumption, minimise emissions and waste, and maximise the value recovered from the deposit. The targets are to reduce energy usage by more than 30 per cent and greenhouse gas emissions by more than 50 per cent compared to current practice.Key areas of interest were identified across mining and processing operations. These were grouped into the following interrelated work areas for investigation: high intensity selective blasting, in-pit crushing and conveying, preconcentration, energy efficient comminution circuits and technologies, coarse particle flotation, and water recovery optimisation. Investigations have included reviews of industrial data, modelling, simulation, and laboratory and pilot scale trials. In some areas industrial scale trials will commence shortly. This paper discusses the investigations and key findings from the project so far; highlighting the possibilities for reducing energy consumption, water usage and carbon emissions. A particular mining process may incorporate any combination of the alternatives identified and requires tailored solutions based on a detailed understanding of the ore deposit, the process and local conditions. The focus is on improving resource efficiency; creating more value with less impact and consequently a better economic return from the available resource. Technologies exist today that can transform mining into a more efficient industry for tomorrow.CITATION:Duffy, K, Valery, W, Jankovic, A and Holtham, P, 2015. Resource efficient mining processes of tomorrow, in Proceedings Third International Future Mining Conference, pp 227–238 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 4, 2015

By D Schwab, R M. Tosdal

The Quesnell-Stikine arcs, in the Canadian Cordillera, are host to Triassic and Early Jurassic alkalic porphyry Cu-Au and calc-alkalic porphyry Cu-(Mo-Au) deposits formed outboard of ancestralNorth America in island-arc tectonic settings (McMillan, 1991). The majority of the alkalic porphyry Cu-Au deposits are products of a discrete magmatic event at the end of the Triassic, with a second and smaller event in the Early Jurassic (Mortensen, Ghosh and Ferri, 1995). Of the Triassic complexes, the Galore Creek alkalic intrusive suite is one of the largest and most silica-undersaturated intrusive complexes, and host to the most significant undeveloped alkalic porphyry Cu-Au resource in North America (Lang, Stanley and Thompson, 1995). Because of the common presence of feldspathoidal-bearing rocks in the complex (Enns et al, 1995), Galore Creek likely represents an end member example of the alkalic porphyry Cu-Au class. The Galore Creek alkalic Cu-Au-Ag porphyry district, located in NW British Columbia (Canada), contains 12 mineralised prospects (Enns et al, 1995; Micko et al, 2007; Schwab et al, in press) with a total measured and indicated resources of 785.7 Mt at 0.52 per cent Cu, 0.29 g/t Au and 4.87 g/t Ag (NovaGold Resources Inc, February, 2008). The Central Zone is the largest and best delineated. Other economically important mineralised centres include the South-West, Bountiful, West Fork and Junction deposits. The South-West Zone, the focus of this contribution, is a Cu-Au-Ag breccia-centred deposit with a measured and indicated resource of 69 Mt grading 0.42 per cent Cu, 0.69 g/t Au, 2.67 g/t Ag. Hosted in brecciated intrusive rocks, the South-West Zone is distinctly younger than the Central Zone and most of the other mineralised centres (Enns et al, 1995; Schwab et al, in press). The South-West Zone therefore preserves the late stages of hydrothermal evolution at Galore Creek. An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation.

Jan 1, 2008

By Merwin RA

The recent development of rare earth permanent magnets has revolutionised the field of magnetic separation. The advent of rare earth permanent magnets in the 1980s provided a magnetic energy product an order of magnitude greater than that of conventional ferrite magnets. This has allowed the design of high-intensity magnetic circuits operating energy free and surpassing the strength and effectiveness of electromagnets. New applications and design concepts focusing on the mineral and metal processing industries have evolved. This technology also led to the development of various magnetic separators specifically designed for mineral processing applications. Applications which were not previously considered are now being applied to primary mineral upgrading and recycling and secondary recovery.

Jan 1, 1993

By S Doudle

The Iluka Resources Ltd Jacinth-Ambrosia heavy mineral sand mine (South Australia) is located in an undisturbed semi-arid landscape consisting of sparse trees, shrubs and grasses. The soil interspaces are covered with biocrusts, a living soil cover also found worldwide in arid regions. Biocrusts are composed of lichens, cyanobacteria, algae, mosses, liverworts, fungi and bacteria, and live on and within the first few millimetres of the soil surface. Biocrust organisms bind soil particles, sequester carbon and many fix atmospheric nitrogen making them important structural and functional components of ecosystems. Despite their important role in ecological processes, biocrusts are susceptible to disturbance; nevertheless they can recover provided sufficient inoculum is present. Cyanobacteria are the early colonisers and they capture atmospheric and landscape resources and establish conditions that subsequent successional seres can capitalise on. Research conducted in countries including China, Spain and South Africa has been focused on methods to either encourage rapid regeneration of cyanobacterial remnants or to introduce new material from cultured cyanobacteria. We have been investigating the extent and diversity of biocrusts across the 4500 ha mine lease and their potential to improve mining rehabilitation outcomes. Approximately 46 per cent of the soil surfaces are colonised with biocrusts and 33 taxa have been identified. Laboratory experiments were designed to mimic massive soil disturbance and treated with a range of water qualities. Within 22 days, treatments irrigated with fresh water were colonised by new cyanobacterial filaments with a mean surface coverage of 65 per cent. Secondary tests revealed that differences in the photosynthetic yield of the crust were dependent on the salinity levels of the irrigation water used. In 2011 this program is expanding from the laboratory into field scale trials designed to assess both the potential and practicalities of up scaling these techniques to provide crushed biocrusts and cyanobacterial bio-inoculum for use in mine rehabilitation.

Oct 5, 2011

By M Pyle, R Ch, T Vizcarra, ramohan, G Lane, G Ballantyne

Preconcentration, through gravity separation (Wallace et al, 2015), magnetic separation and particle size (Clout, 2013), has been used in many historical projects to convert low grade material into ore. More recently, pre-concentration technologies such as bulk sorting (Kurth, 2017), screening (Bearman, 2014) and coarse particle flotation (Vollert et al, 2019) have also demonstrated their ability to progressively reject waste through the value chain. These technologies can not only deliver stepchange improvements to the economics of mining operations, but can transform the environmental and social aspects by minimising water and energy consumption and significantly reduce the quantity of fine tailings produced. However, implementing progressive waste rejection requires technologies and approaches to be combined and applied in the right way to capture the value. From a technical perspective, progressive waste rejection introduces challenges related to the orebody, equipment performance, engineering and understanding the value chain from the resource through to final product. From a management perspective, the key issues are related to people and processes, in particular; motivating the business, challenging the paradigms, and introducing new ways of operating within the constraint of existing management structures to manage risks and minimise lost opportunity costs. This combination of technical and management issues means that progressive waste rejection is a complex undertaking for mining companies, yet the reward for the business and other stakeholders is potentially high and should not be ignored. This paper presents how progressive waste rejection can offer step-change improvements to the business case for high and low grade greenfield and brownfield projects based on case studies completed by Ausenco. The paper then outlines different implementation approaches from concept studies to execution to address the various technical and management challenges outlined above.

Nov 10, 2020

By I Swane, R Rait, A Robertson

Geochemical assessment of mine waste materials prior to commencement of a proposed mining operation is a fundamental component of mine feasibility studies and the regulatory approvals process. Static and kinetic geochemical test methodologies are widely used to predict the geochemical nature of mine waste materials and to develop strategies for managing potentially æhostileÆ materials. These data can also be integrated with data from other fundamental studies such as hydrogeology to predict specific environmental outcomes and potential impacts at mine closure and post-closure.A case study is presented for a proposed open pit gold mine in Mongolia, which illustrates how geochemical, hydrogeological and groundwater quality data can be used as part of a geochemical modelling process to predict the final pit lake water quality over time. A series of static and kinetic test geochemical test programs were completed and acquired data integrated with hydrogeological and groundwater quality data provided by the proponent. A widely used geochemical modelling program (PHREEQC) was used to develop the geochemical model and predict water chemistry in the pit void after mine closure. Sensitivity analyses were completed to explore the effects on the model output of groundwater to leachate water ratio, pit wall rock type and climate.Modelling has indicated that pit void water should be pH circum-neutral at mine closure and should remain within Mongolian and World Bank water quality guideline limits under the modelled simulation most likely to occur in the field. Final void water salinity is expected to increase eight fold over 14 years after end of mine life due to a continuous flux of salts (particularly sulfate salts) into the pit lake whilst the pit lake volume will remain relatively constant due to evaporation and a slow recharge rate. Dissolved metal and sulfate salt concentrations in pit water are also predicted to increase over time and could be moderately elevated compared to applied water quality guideline values. Some of the metal concentrations, however, may be lower as these would be expected to precipitate at circum-neutral pH and greater. Recommended additional assessment work on the project when mining commences includes determining the magnitude of adsorption and co-precipitation of metals occurring in the pit void water/sludge system.CITATION:Robertson, A, Rait, R and Swane, I, 2013. Geochemical assessment of mine waste materials and prediction of final pit lake water quality at a proposed gold mine in Mongolia, in Proceedings The Second AusIMM International Geometallurgy Conference (GeoMet) 2013 , pp 165-170 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 29, 2013

By J Joy, D Griffiths, A Bye, G V. Kizil

Poor standards of electrical installation and maintenance continue to contribute to electrical related fatalities and injury risk in the mining industry. Electrical isolation has the potential to initiate major unwanted events (MUEs) and as such requires thorough analysis to demonstrate adequate management. There have been 719 incidents related to accidental contact with electricity over the past five years in the Queensland mining industry (Queensland Government DME, 2012a, 2012b) with the last fatality being recorded in 1997 (MESA, 2012).A project funded by the Australian Coal Association Research Program (ACARP) has developed a form of a safety case using the four-layered æCoal Mine Safety Regime (CMSR)Æ approach. The CMSR is transparent and robust as it includes full site risk assessment and special issues risk assessment to be demonstrated as part of the process.The practical application of the CMSR has been demonstrated using a longwall mining case study site, where a unique 11 kV armoured face conveyor (AFC) is in operation. The case study has involved progressive application of the requirements of each layer of the CMSR (see Figure 1) to high voltage (HV) electrical isolation related issues. The project has specifically concentrated on understanding and analysing two high priority MUEs, electric shock and unplanned movement of equipment, through Layer 1 analysis. These two MUEs are an important part of the project as they have demonstrated the steps that may be taken to satisfy the risk management processes at Layer 1 of the CMSR and have contributed to resolving issues at the other three layers of the CMSR.The analysis of HV electrical isolation has been used as an exemplar to demonstrate the CMSR process and its practical application. The CMSR is applicable to major/principal hazards management as identified by the New South Wales and Queensland jurisdictions.This paper provides an overview of the development of a form of safety case using the CMSR and introduces the case study application for HV electrical isolation risk management at underground coal mines focusing on the major unwanted event of electric shock.This project provides the mining industry with a documented, publicly accessible, form of safety case using the CMSR approach for the first time.CITATION:Kizil, G V, Griffiths, D, Bye, A and Joy, J, 2012. Using a coal mine safety regime approach to the management of high-voltage electrical isolation, in Proceedings International Mine Management 2012, pp 59-74 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 20, 2012

By C Laming, P M. Hetherington, F A. Pym, M P. Murphy, K E. Crook

Reconciliation is a powerful tool used by mining operations to compare the mass and grade of ore produced with what was estimated before mining. The primary objective of reconciliation is to verify that the estimated planned metal production is achieved during processing, allowing issues to be identified for which adjustments can be made throughout the mining value chain to improve recovery and maximise efficiency. Traditionally, the mine plan is based on estimated mine grades using sampled exploration drill hole or blasthole grades. Reconciliation discrepancies between the mine plan and mill are common due to such factors as insufficient or non-representative sampling, poorly conceived models, or unrecognised blast movement. MineSense Technologies Limited® (MTL) has developed an X-ray fluorescence (XRF) sensor-based ore classification system that is installed on mining equipment to provide real-time grade estimates of run-of-mine material at bucket, truck, or belt-scale. Bucket level grade estimates provide insights into grade variations at the mine face that were never before available. This data set eliminates some of the leading causes of reconciliation discrepancies and enables tracking of tonnages and grades from the mine face to the processing plant at bucket resolution with confidence. Bucket-by-bucket grades at the mine face enable dynamic optimisation of the mine plan to stabilise the mill feed grade through blending of mine and stockpile loads. Beyond stabilising feed grade, Mine to Mill reconciliation combined with the full XRF spectrum response can generate proxy relationships to ore characteristics like hardness and recovery. These properties can then be predicted at the mine face, enabling further optimisation of the downstream mill feed, not only for grade, but also for power and water consumption, reagent addition, and recovery. This paper presents the benefits of MTL technology for grade reconciliation and mill performance optimisation at a Cu Mine in BC (Canada).

Mar 22, 2022

The Youga gold mine in Burkina Faso, West Africa, is scheduled to produce first gold in the third quarter of calendar 2007. The project is expected to produce 540 000 oz of gold over 6.5 years, from a conventional open pit carbon in leach mine. The direct capital cost of the project is US$47 M. Etruscan Resources Inc, a Canadian based gold exploration and development company, holds 90 per cent of the project company Burkina Mining Company SA (BMC). The state of Burkina Faso is free-carried for the remaining ten per cent of BMC. RMB Resources Limited, of Melbourne Australia, has arranged a US$35 M project finance facility for BMC (the Borrower) as the majority of funding for the Youga project development. The loan facility was provided by RMB Australia Holdings and Macquarie Bank Ltd (the Lenders) each as to 50 per cent in the lending syndicate. The Lenders also provided a gold hedging facility to guarantee a minimum price for the projectÆs gold production. Burkina Faso is a francophone country, part of the Economic and Monetary Union of West Africa (UEMOA). The project financing is the first such facility to be arranged for a mining project in Burkina Faso, with little or no precedent available in other UEMOA countries. Therefore, while the Youga gold project is forecast to be a robust project applying conventional mining and processing methods, a number of legal, technical, commercial and social issues required identification, evaluation and resolution before the loan could be established. This paper describes that evaluation process and the resolution of these issues. In-house experience and expertise in both the LendersÆ and BorrowerÆs teams has facilitated a greater understanding and æownershipÆ of the issues and hence provided comfort with risks which might not normally be taken in conventional project developments and project financings. As a result, blanket external reviews were not required by the Lenders. A long-standing relationship between Etruscan and RMB Resources also facilitated solutions to a number of issues. Nevertheless, a degree of flexibility by the Lenders, the Borrower and Etruscan was required to successfully close the financing.

Jan 1, 2007

Ulan Coal Mines Limited operates an underground and open cut mine near Mudgee in the Central West of NSW. The mines are part of a Joint Venture managed by Exxon Coal and Minerals Australia Limited (ECMAL). Currently all the mines output of over five million tonnes per annum is sold into the export market predominantly as a steaming product.

Jan 1, 1993