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By Sharwood M

Welcome to the morning of the second day of Minval '89. There are some three hundred and fifty of us here today. That represents certainly the most influential gathering of the mining and investment community in Sydney for a very long time, and on behalf of the Institute I bid you all a very great welcome. Due to the pilots' strike some of you have arrived by very unusual methods and others have travelled long distances. So for those of you that have made a special effort, thank you very much. Inevitably some people have not been able to get to Sydney and this has led to some minor programme changes. I'd like to thank our sponsors. Our underwriting sponsors are Energy Resources of Australia, Neil Cole & Associates, Resource Finance Corporation and Robertson Australia Limited, and to those firms thank you very much. To our major sponsors, County NatWest, I would like to say a particular thank you. County is the lead sponsor for Minval '89. They've :made an important contribution to the programme, and we're indebted to them for this support. We look forward to County's continuing involvement in the programme today. County NatWest is a major participant in the Australian equities markets and a growing merchant banking organisation in this country. It's parent organisation, National Westminster Bank, isa leading UK domiciled bank which is also active in Australia. This session is the Pancontinental Mining Ltd sponsored session, and I'd like to record the gratitude of the Australasian Institute of Mining and Metallurgy to Pancontinental for its generosity in sponsoring the session. This morning's session focuses on valuation and follows on from yesterday's proceedings which looked particularly at the impact of NCSC draft Policy Release Number 149. Robert de Crespigny, who was to have been the Chairman of this morning's session, has had some special problems with the pilots' strike.So we have the privilage to have in his stead Michael Sharwood.

Jan 1, 1989

By R J. Everett

The mining industry is beginning to adopt quality systems based on the requirements of International Standards for quality assurance, such as the ISO 9000 series. Indications from similar industries are that considerable benefits are to be had from their adoption. This paper describes the use of the International Standard ISO 9001 for quality assurance within BUKA Minerals Limited. This provided guidance for the development of a clear statement providing agreement on the processes to be followed and the outputs required when dealing with outside service providers. Discussion focuses on the interaction with BUKAÆs consultants and contractors during the specification stage, resulting from the application of quality assurance techniques. Risk analysis was used to identify and manage the risks associated with the companyÆs contract for geotechnical and mine design services and the tender for a mine development program of work during the feasibility stage of the project. Setting acceptance controls for the deliverables from such contracts is traditionally fraught with difficulty. BUKA used Failure Mode and Effect Analysis for exposing underlying risks that were not effectively being countered. The briefs were reviewed and additional controls were developed to manage the risk. These controls have provided clearer instructions to the consultants and contractors, indicated audit points for the company and defined the deliverables. There exists within the company, and among its outside service providers, a clearer understanding of what is to be achieved and how it will be measured. The process has imparted considerable confidence to both parties on how the work will proceed and what outputs are to be provided. Some discussion is provided on how quality principles are being applied throughout industry and commerce, generally, and how they may apply to the mining industry. The paper argues that, far from being an appendix to the tendering process, Risk Management should be a mandatory step integrated into the definitions of the work.

Jan 1, 1998

By G Solly, P J. Leevers

Day-to-day operating practices at existing operations need provide high quality data for decisions that will impact directly on the potential value of the available resource, in addition to meeting standards of quality expected of data used in feasibility studies that will be completed to obtain additional capital required to finance operational improvements. Drill hole location, down hole survey and assay data standards of accuracy and precision have received considerable attention in recent years. The authors propose that geological descriptions of both cored and non-cored drilling warrant at least equal attention, considering their fundamental role in establishing the framework used for geological modeling and resource estimation. The iron ore deposits of the Middleback Ranges have been a major source of iron ore for almost a century. High-grade hematite-dominant ore is currently mined by OneSteel from three open pit operations supplying ore to the companyÆs integrated steelworks at Whyalla. A review of OneSteelÆs future iron ore resources, commenced in 2002, highlighted the need for more flexible and comprehensive management of all forms of geological data used in resource evaluation. Driving this program was the information needs of feasibility studies of the Iron Magnet deposit, located beneath the existing Iron Duke and Iron Duchess mines. Prior to the beginning of 2003, resource evaluation drilling data collected by OneSteel was managed using an in-house system based on industry standard relational database software. The system was demonstrably effective in ensuring the fundamental integrity of basic drilling data, but lacked necessary capabilities for the acquisition and management of geological descriptions, geotechnical and geophysical data obtained by down-hole logging. OneSteelÆs existing system for the management and interpretation of geological descriptions was restricted to storage of a single three digit code for each lithological description interval. The original logs for a large number of older drill holes could not be located, having been either poorly archived or culled from the database in the belief that they did not contribute to the understanding of the resources currently being mined. The three digit codes represented a combination of lithological and stratigraphic descriptions, including many subtle variations in iron ore colour and texture believed to be associated with variations in geochemistry, but subsequently demonstrated to be either incorrect or inconsistently applied. This resulted in the establishment of a plethora of codes for a relatively small number of distinct lithologies. Improvements implemented by OneSteel geologists addressed these shortcomings by ensuring the new data management system: facilitated the objective description of lithological characteristics; distinguished between obsevations and interpretations (eg lithology versus stratigraphy); promoted consistency between descriptions provided by different geologists; and helped to ensure data integrity by developing an audit trail for alterations made to data subsequent to its acquisition. The data used to develop interpretations of mineralisation distribution and characteristics are fundamental to the effective utilisation of a mineral resource: any mineÆs most important asset. Resource related risk is widely recognised as the principal source of technical risks affecting resource development projects, whether they are new mines or expansions of existing operations. A key lesson from this work is that most commercial or æin-houseÆ developed geological data management systems are able to handle basic data validation tasks effectively. Geologists, however, need to ensure that the data management system is appropriately structured to help promote the acquisition of objective and consistent data for interpretation.

Jan 1, 2003

Crystalline glass defects (usually referred to as stones) come in a wide range of compositions and from a variety of sources. Complete identification requires a determination of the mineral phases present and their textural arrangement. Until the source has been determined, no remedial action can be taken to eliminate the problem.

Jan 1, 1989

By U Dzharlkaganov, B Bekmurzayevand M

The principle conception is presented of timely planning of winning operations in complex-structural blocks and faces in week-24-hourly regime. For adequate description of complex interconnections of open cast operation in space and in time and solving of optimisation problems in timely regime it is necessary using of complex logical and calculation procedures.

Jan 1, 2003

By Jin C, Shuyi L, Yuanbiao Z

This paper describes the structure, performance, principle and effectiveness of a new laboratory type of composed-forces field separator utilising the composition of the magnetic force, vibrating force, pulsating force, gravity and fluid-viscous force etc to separate fine feebly magnetic valuable minerals. Compared with the pulsating high gradient magnetic separator, this separator possesses unique advantages of higher enrichment ratio and higher recovery of the magnetic component.

Jan 1, 1993

The grades of alluvial ore deposits are low compared with grades of hard rock mining. This factor, combined with other parameters of irregular distribution of particles, bedrock irregularities, size of particles, nugget effect, ore characteristics, and wet horizons, combine to place alluvial deposits among the most difficult to evaluate, and on which to establish an ore reserve with a high degree of confidence. With increased geological input, correct selection and implementation of sampling method, due regard to sample representativity and process design, these confidence levels can be achieved.

Jan 1, 1987

The Australian Mineral Industry has to compete on world markets, so its mineral research has to be aware of overseas developments, it must be of world class, and it must utilise as many ideas as possible in order to solve those problems that uniquely affect Australian minerals processing. North American mineral and resource research may be taken as a guide to world government, industrial, contract, and entrepreneurial research trends and ideas. A number of interesting findings are noted that may guide Australian developments and strategies for the future, in minerals research and exploitation.

Jan 1, 1986

By Jin C, Shu H

The effect of operating parameters of a shaking table on the separation of mixed quartz-magnetite artificial feed has been experimentally investigated by use of laboratory-scale shaking table. Based on a great number of experimental data collected, the multi-variate non-linear model of shaking table has been developed. The model allows for the calculation of the product grade and recovery. A computer model has been programmed, for inclusion in a software package for the simulation and optimisation of shaking table if the feed characteristics and the concentrate grade are given.

Jan 1, 1993

By Collins BJ

Basic principles of stack injection are outlined and supported by calculations of thermal, chemical and aerodynamic requirements of an ideal 4000 tpd furnace. Calculated results show that these requirements vary with conversion of FeO, and that best performance may be expected with XFeO = 1.0 for which calculated production is 6919 tpd and coke rate is only 211 kg/thm. Calculations are also presented for a cycled injection. Discussions show that stack injection is a good way of overcoming softening problems and meeting the demand for iron in a fluctuating demand situation when it exceeds the maximum capacity of a furnace.

Jan 1, 1975

I am honoured to have been asked by Sir James Foots, the President of the Congress Organising Committee, to open this, the 13th Congress of the Council of Mining and Metallurgical Institutions. The theme you will be addressing over the next few days is "The Twenty First Century - Mining, for Mankind" - a theme that must be regarded as an enormous challenge for the entire minerals industry. Previous conferences, starting in 1924 in London and followed by two others in the United Kingdom, have also taken place in Canada (three), Southern Africa (three), Australasia (two), and Hong Kong (one), but this is the first to be held in Singapore.

Jan 1, 1986

Consolidated Rutile Limited's (CRL) operations incorporate the exploration, mining, processing, marketing and distribution of mineral sands. This paper outlines the current scope of CRL operations in vegetated sand dunes on North Stradbroke Island (NSI), Queensland. Included are some specific comments relating to design and construction of high capacity dredges which float in artificial ponds and are an integral part of mining high dune ore reserves. Three floating cutter suction dredges with combined sand throughput capacity in excess of 7000 tph are used in mining operations on NSI. Initial processing is by gravity and magnetic methods on large wet concentrators also floating in the artificial ponds. Spiral sluices are used exclusively in the newest concentrator, which has the highest recovery of heavy minerals.

Jan 1, 1986

The Australian underground contract mining industry has grown from almost nothing 25 years ago to the point today where half the countryÆs underground mines are using contractors to produce their ore and do their development. This growth was driven by the need to change poor industrial relations and work practices in sectors of the industry, along with the needs of many small gold mine owners to preserve their capital by using contractors to do their mining. The industry is dominated by two major privately owned contractors with a number of other publicly and privately owned contractors making up the balance of the market. This paper discusses the important trends in the contract mining industry and the directions it may take in the next few years.

Jan 1, 2005

By J Parmenter

Issues around water û its quality, use, availability and environmental value û can be a major point of tension between mineral projects and local communities. Failure to manage these issues appropriately can jeopardise the obtaining of regulatory approvals for new projects and place at risk the æsocial licence to operateÆ of existing operations. Conversely, there may also be significant opportunities for companies to engage constructively with communities over water issues and to make a positive contribution to the sustainable development of these communities. Using case studies, this paper will explore the various types of social risks and opportunities associated with water and mineral resource development and identify key learnings relating to the management of these issues.

Jan 1, 2006

It is no longer possible to establish a quarry on the most convenient hill then abandon the site, leaving a scar if the stone or sand in the deposit is found to be unsatisfactory. Before approval is given to operate a new quarry, the relevant authorities require a detailed plan of operations from commencement to final rehabilitation. To prepare this plan, a thorough know- ledge of the quality and size of the deposit is required. To obtain this information, the industry must use the most modern techniques available. Many examples can be given showing problems which have affected the smooth operation of a quarry for many years because the initial exploration was poorly carried out. The factors which must-be considered when exploring a deposit are detailed in this Paper.

Jan 1, 1979

By Dalmijn WL, Valk HJLvd

At the Faculty of Mining and Petroleum Engineering, the Department of Raw Materials Technology, a mathematical model has been developed to predict the porosity distribution in an uniform jig bed. If the porosity distribution in an uniform jig bed is known, it is possible to correlate this to the settling velocity of particles with a density different from the density of the bed grains and thus model the stratification in a jig. For measuring the porosity distribution in the jig bed a method has been developed based on light absorption techniques.

Jan 1, 1993

Much of the data required for the evaluation of mine design is obtained from bore cores. It is essential to collect data that is useful and not to overlook features which might have adverse effects upon the mining practices and which might not be readily discernible to the untrained eye when examining bore cores. Interpretation of the data has progressed from the use of single-value properties, such as ultimate compressive strength or Young's modulus, to the utilisation of most measurable quantities. The simulation techniques used employ physical and mathematical models for prediction of mining conditions or strata behaviour. The application and capabilities of these methods to mine design are discussed.

Jan 1, 1977

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

To grow a mining company today is seen to be challenged by the reduced interest in resources companies by the financial markets, the complexity of native title and a somewhat depressed commodity cycle. However, the opportunity to grow production and sales in a mining company are as numerous as they have ever been. It is the challenge of growing significant shareholder value that is difficult. The distinction between growth in æcompany sizeÆ and growth in æshareholder valueÆ is an important distinction upon which some resource companies are now firmly focussed. The equity market/commodity market cycle can provide windows of opportunity to consolidate and expand a company for the benefit of shareholders. These benefits may not be reflected until more buoyant equity markets return but, as the cycle turns, as it surely will, those with the foresight to position themselves may be richly rewarded.

Jan 1, 2000

Developing and operating mines in developing countries is never dull, but continuously challenging in terms of geology and terrain, geography and location, culture and land tenure, environmental and social issues, fiscal regimes and in some cases political risk. In addition, the rapidly changing nature of the communities with little understanding of the nature of mining at the community level requires us to continually manage issues affecting project development and mine operations with greater sensitivity. In frontier regions, people skills can become more essential than technical skills, particularly in dealing with indigenous people. Hence, managing a mining project requires a huge relationship effort.Effective communication with communities of different cultural background and proactive management of issues influencing community aspirations and desires requires not only new skills but also creativity with new concepts on how to deal with social issues under a different cultural context. The involvement of government agencies and NGOs is an important ingredient to creating understanding and collaborative approaches to common social issues. Maintaining stakeholder relationships pays in the long-run and is a useful exercise in getting information feedback from the wider community.

Jan 1, 1997