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Early efforts to control the dust necessarily produced during dry crushing operations, took the form of venturis at loading chutes and other places where dust was most evident. These venturis discharged to the atmosphere and for obvious reasons were not very satisfactory.Attempts to collect the dust drawn off by the venturis, using dry cyclones, were not successful, the cyclones catching only the coarser particles. Further, no satisfactory method of continuously discharging the dust catchment was evolved. Water sprays were also used, and will be referred to later.In 1940, a single discharge fan of 3,000-4,000 cu. ft. per minute capacity, was installed to draw the dust-laden air from the Symons crushers and ·screening sections with their attendant conveyors. Suction was through two 15 in. ducts which branched off into 10 off-takes situated over the conveyers at points of discharge from crushers and screens.A dry cyclone was installed in front of the fan, which exhausted into a bag-house.The cyclone suffered from the defects of the smaller units mentioned earlier. When the collected dust reached a certain level in the cone, no more collection would take place until the cone was emptied. This objectionable feature was overcome by introducing a jet of water ahead of the cyclone. The water and dust collected overflowed a weir and were pumped to the mill.

Jan 1, 1948

A series of physical tests have been conducted to determine the actual performance of bunton to shaft side wall connections typically used in new shaft construction in South Africa. The test set-up is described, together with the applied loading, which incorporates a cyclical load component and a quasi-static load component, in an attempt to simulate actual conditions in the shaft. The test results are given and it is shown that generally the performance is adequate, provided double-slotted holes are not used. Generally the fatigue performance is found to be good, with the only exception being cases where the bottom of the bunton is lower than the seating level for the bunton to side wall connection. Arising from the tests, typical design values of connection stiffness, strength and fatigue life are proposed and a design procedure including these three key aspects of connections is described.

Jan 1, 2005

By H Askari-Nasab, E Torkamani, M M. Badiozamani, S P. Upadhyay, M Tabesh

"Decision-making in mining is a challenging task. Optimal decisions regarding shovel and truck allocations, aligned with the optimal short-term production schedules, are crucial in keeping the operations in line with the company’s long-term objectives. In this paper, we present two main modelling components as the means to achieve near-optimal operational plans: a mixed integer linear goal programming model to allocate trucks and shovels to mining faces over a shift-by-shift basis so that operating costs are minimised and resource utilisations are maximised through the planning horizon a discrete-event simulation model to investigate the behaviour of a truck-and-shovel haulage system in the presence of uncertainty within mining operations. The goals integrated into the mathematical model are to: maximise production minimise deviations from the target head grade minimise deviations in tonnage feed to the processing plants from the desired feed minimise operating cost.The mathematical model provides shovel assignments and the target productions as an input to the discrete event simulation model while meeting the desired goals and constraints of the mining operation. We illustrate the applications of the discrete event simulation model by presenting a large-scale oil sands case study. The main contribution of this work thus far is the development, implementation and verification of a simulation model with a link to optimal short-term mine schedule and extraction sequence of mining faces, which assists in achieving a high level of mine plan compliance across short-term planning and operational planning time horizons.CITATION:Askari-Nasab, H, Upadhyay, S P, Torkamani, E, Tabesh, M and Badiozamani, M M, 2014. Simulation optimisation of mine operational plans, in Proceedings Orebody Modelling and Strategic Mine Planning Symposium 2014, pp 299–312 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Nov 24, 2014

S. A. Tomich (Consulting Geologist, Perth) : I would like to commend Mr. Haycraft on his presentation on the economic geology of the North End of Kalgoorlie. This is an intriguing area which is in the Kalgoorlie field but not of it, inasmuch as it is separated spatially from the main Golden Mile by the Golden Pike Fault. Mr. Haycraft has stressed the differences-the mineralogical and structural differences of economic significance between the two areas.I would like to ask whether he is satisfied that the lithological sequence in the North End is the duplicate of that in the main Golden Mile area irrespective of the postulated effects of erosion, and more specifically whether there is any chance that the quartz-dolerite-greenstone of the North End may be in any way dissimilar from the quartz-dolerite-greenstoneof the Golden Mile which is tellurude bearing.J. A. Haycraft: In relating the quartz-dolerite in the Hannan's North-Mount Charlotte area back to the Golden Mile, we find some quite close similarities. Although the rocks are similar they are not necessarily one and the same.At Mount Charlotte we have three varieties of dolerite- a coarse-grained gabbroic dolerite on the eastern side of the orebody, the host rock medium grained and on the western side, a fine grained dolerite. Further west we have an amphibolitic variety of quartz dolerite.Recent drilling south of the Golden Pike fault on the Enterprise No. 20 level had indicated a remarkably similar sequence of rocks. We drilled west through a wide section of medium grained rocks into a fine grained rock and then into amphibolitic quartz dolerite before intersecting the Golden Pike fault. Williamstown dolerite was located west...

Jan 1, 1965

By S Li, Y Lei, X Wu, C Ma, W Q. Zhang

The failure of roof of thin bedrock working face under loose aquifer in a coalmine can lead to water-sand inrush disaster. Based on the accident of water-sand inrush in 30108 working face of a mine in Shaanxi province, China, the mechanism of water-sand inrush is theoretically analysed. The process and critical conditions of water-sand inrush in working face are reproduced by numerical simulation where the bedrock thickness is 20 m, the clay layer thickness is 40 m and the mining height is 6.5 m. The study found that under the condition of thin bedrock and thick clay layer, the characteristics of the clay layer have a significant inhibitory effect on the development of the fractured zone, and the development of the water-conducting fractured zone is incomplete and insufficient. However, in the process of continuous mining of multiple adjacent working faces, the strength of the clay is gradually reduced by the influence of mining and the erosion of water, and the height of the fractured zone is gradually increased. In the subsequent mining process of the working face, the roof is more likely to be cut-off and lead to water-sand inrush. From the initial failure of the clay to the final crack directly through the surface, the shear strength of the clay is reduced by about 52 per cent. Further simulation found that in addition to the characteristics of the clay layer itself, the main factors affecting the water-sand inrush in the working face caused by overburden failure also include the difference in bedrock thickness and strength, and the difference in coal seam mining height. With the increase of bedrock thickness, the development height of the fractured zone increases gradually with increases of bedrock thickness when the cutting failure of overburden rock no longer occurs. With the increase of mining height, the height of water flowing fractured zone also increases, but the cracking ratio gradually decreases. Therefore, it’s of great practical significance to systematically study the mechanism and critical conditions of water and sand inrush in mines and the main influencing factors for preventing similar accidents in mines with similar conditions.

Nov 29, 2022

By M Scoble, W S. Dunbar

This paper reviews methods for grade estimation in short-term mine planning for block caving. Two particular tools are used: Ordinary Kriging and Simple Kriging with moving averages. It is also considered the influence of draw characteristics on the grade estimation process. Reference is made to mine case study data and analysis. These demonstrate that operational grade estimation is not a trivial process. It must take into consideration: the grade variability (in terms of ore and dilution), sampling interval, geological and geotechnical characteristics, geometrical layout and draw characteristics. Significant improvements appear possible in short-term planning if variogram analysis, as well as kriging methodologies, are introduced into the operational grade estimation process.

Jan 1, 2000

By B Washington, A Campbell, R Taylor

A sampling and measurement program was undertaken on the reaction shaft of the Olympic Dam copper flash smelting furnace. The object of the work was to provide information to validate a mathematical model of the burner and reaction shaft. Samples and measurements were undertaken through the burner inspection ports and the South East (SE) shaft sampling port about half way down the reaction shaft. Samples were collected to enable the calculation of particle loading of shaft gases, or sizing and chemical analysis of the partly-combusted feed, and the preparation of polished sections. Measurements were made of the temperature and sulfur dioxide content of the atmosphere, as well as plume velocity.To implement the program it was necessary to design and construct the following specialised items of equipment. For use at the burner inspection ports: a cup sampler for obtaining samples below the burners (temperature, solids loading and samples for characterisation).For use at the SE shaft sampling port and also at the settler level: trough sampler (plume definition and samples), isokinetic sampler (used as a velocity probe in this work), temperature probe (temperature traverses across the shaft), and sulfur dioxide probe (SO2 measurements across the shaft).The design of the sampling and measuring equipment is described, and examples are cited of the types of information obtained. The problems arising from working in a hot environment with molten or sticky particles are discussed.

Jan 1, 2005

By S Casas Castellanos

"Tyres consumption is one of the costliest branches of the operation in a truck-based haulage mine. Off-the-road (OTR) tyres working within undesirable conditions have a considerable negative impact on the whole mine’s productivity. Only the rolling resistance due to underinflated tyres could increase truck fuel consumption by 15 per cent. The impact of other conditions such as road surface quality and temperature are difficult to estimate. Tyre management is a demanding activity that requires a high level of coordination between maintenance and production departments.The project is aimed to develop a smart decision tool to assist mine managers to optimise tyre resources. By identifying factors that have significant impact on tyres, managers are able to take timely action to mitigate undesirable working conditions.The proposed model utilises real-time tyre measurement of pressure, temperature, speed, load, deformation and surface profile to report tyre performance in terms of tonne-kilometre-per-hour (TKPH) and tyre longevity. Both indicators are permanently monitored in order to trigger a warning system designed to keep tyres under optimal working conditions.An interactive database ‘Octo-Mine’ wirelessly receives records from a programmable logic controller (PLC) deployed on the truck. PLC records are the integration of multiple sensor signals with a time stamp. Octo-Mine utilises real-time and historical tyre records to generate online performance and longevity reports, as well as preventative and corrective tyre maintenance scheduling, by comparing current tyre status with established standards.To validate the model, the prototype database was populated with hypothetical data to simulate ideal working conditions subject to comparison with real field observations. Additionally, a laser-based technology prototype device successfully measured a new 9 mm tyre tread and a 60 000 km rolled tyre tread in the laboratory.In conclusion, optimal tyre management contributes not only to reduction of tyre waste but also to truck energy efficiency. This project is a first step in proving these benefits under real field conditions. It suggests that further development of sensor equipment and its integration with a communication system is a worthwhile focus for future research.Citation:Casas Castellanos, S, 2016. Optimum Management of Truck Tyres in a Mine, in Proceedings Ninth AusIMM Open Pit Operators' Conference 2016, pp 212–228 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Nov 15, 2016

Hydraulic backfill is generally retained in stopes using permeable barricades. Mitchell et al (1975), Mitchell (1992) and Grice (1989) have shown that under normal drainage conditions, barricades experience low levels of loading. Cowling et al (1988) have also shown that barricades are susceptible to piping failures if excess water has ponded on the upper backfill surface and if leakage of backfill from the barricades has occurred. During 1997, six hydraulic backfill barricades failed in four different Australian mines. Fortunately, in each case, the quantity of backfill slurry released was small, and no injuries to personnel nor damage occurred. Detailed investigation of two of the incidents showed that the primary cause of failure could be attributed to the delivery of excess quantities of transport water from the low-density slurry. For each of the incidents investigated there was evidence of the development of piping failures, which resulted in hydrostatic loading conditions on the barricades from the ponded water on the upper backfill surface. The circular failure surfaces in the barricades were characteristic of the application of point loading conditions. This paper discusses the circumstances that led to these incidents and analyses the modes of failure. The standards for the safe operating of hydraulic backfill systems are reviewed along with requirements for ongoing management and control. The design requirements of barricade construction are analysed and some appropriate guidelines introduced.

Jan 1, 1998

By Watters R

Modem open cut and underground mining in the tropics inevitably expose partially weathered and unweathered rocks to oxygen and water, leading to weathering and the release of solutes and often acidity as well. Historical monitoring data can demonstrate these phenomena. Three case studies from open cut mines in the north of the Northern Territory illustrate the deterioration in quality of pond water receiving drainage from waste rock dumps. The potential for deterioration of water quality was not recognised in many mine Environmental Impact Statements prepared and accepted in the 1980s. The examples documented indicate the importance of adequately planning for this near inevitable process. Retrofitting a mine water management system to 'no' or minimal release can be very difficult and expensive, and may not be feasible, leading to downstream pollution. The characterisation of acid and solute production potential of ore and waste rock, and improved dumping strategies and water management are very important to minimise the environmental impact of mining in the tropics.

Jan 1, 1994

By C McIntosh, M Carder, P M. J Durance

"An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation. Disseminated, gold-bearing sulfide minerals hosted in sheared, wall rock metasediments and clay alteration zones comprise one of the dominant styles of Palaeozoic orogenic gold mineralisation within the Reefton Goldfield, and is exemplified by OceanaGold’s Globe Mine. This study begins the exploration and characterisation of the gold-arsenic-antimony mineralisation hosted within the dominant lithologies of the Globe-Progress shear zone. The main gold-bearing sulfides are pyrite, arsenopyrite and stibnite. Pyrite and arsenopyrite are not compositionally uniform across the Globe-Progress shear zone. Pyrite from the mineralised greywacke and argillite has higher As contents than pyrite in the host rock and pug breccia. Furthermore, the mineralised greywacke and argillite pyrite are enriched in As from core to rim. The 3D models based on bulk assays reveal a significant correlation in the distribution of Au, As and Sb. The interpolant for Sb envelops those for Au and As, which in turn are very similar to each other in their vertical and lateral extents across the shear zone. This result is consistent with earlier findings that the occurrence of stibnite represents a separate and likely later phase of mineralisation relative to that represented by the formation of disseminated pyrite and arsenopyrite both of which exert a stronger control on the distribution of As.CITATION:Durance, P M J, Christie, A B, McIntosh, C and Carder, M, 2015. The composition of disseminated, gold-bearing sulfides within the three-dimensional framework of bulk Au, As and Sb in the Globe-Progress orogenic gold deposit, Reefton Goldfield, New Zealand, in Proceedings PACRIM 2015 Congress, pp 327–334 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 18, 2015

By Riley S. J

Ranger Uranium Mine is located within the Alligator Rivers Region of the Northern Territory of Australia and surrounded by the World Heritage listed Kakadu National Park (Figure 1). The mining operation is currently producing about 1500 tonnes of uranium oxide annually, as well as considerable volumes of waste rock, low grade ore and tailings. The rehabilitation of the project should ensure that the radioactive mill tailings and other contaminants remain contained for at least 200 years, as required by the existing guidelines (Commonwealth of Australia, 1987). The present uranium mining operation is regulated by the Northern Territory Department of Mines and Energy who must refer to the Environmental Requirements when considering regulatory options. These Environmental Requirements were agreed by the

Jan 1, 1994

By P Hogan, M Wells

Reflectance spectroscopy has become an established technique for mineral exploration and ore characterisation. However, there are few reported cases where the technique has been applied to the Hamersley Province channel iron deposits (CID). The Bonnie Creek CID, located ÿ140 km north of Newman in Western Australia, represents one of a number of CIDs recently discovered in the Hamersley Province. Reflectance spectroscopic analysis using the CSIRO HyLoggerÖ automated scanning system, in conjunction with X-ray diffraction and compositional analysis, was used to characterise and map the ore and gangue mineralogy in CID drill core. Using CSIROÆs spectral mineral characterisation scripts, it was possible to map the downhole distribution of the Fe-oxide abundance, hematite:goethite ratio and the gibbsite and kaolinite abundance. Spectral estimates of kaolinite abundance were found to be closely related to loss on ignition measurements at 650¦C and the spectral kaolinite abundance index provided a reliable estimate of the total weight percentage Al2O3 content. In addition, downhole HyLoggerÖ scanning of diamond drill core reliably mapped the distribution of kaolinite as supported by coincidentally elevated contents of alumina and silica. Furthermore, spectrally-derived estimates of iron oxide abundance were well related to assayed Fe wt per cent contents and use of the spectral iron oxide mineral index mapped the distribution of the goethite:hematite ratio, and demonstrated that material logged as high-grade ore in the Bonnie Creek CID was predominantly goethite-rich.CITATION:Wells, M and Hogan, P, 2013. Bonnie Creek channel iron deposits ore mineralogy - insights using the HyLoggerÖ technology, in Proceedings Iron Ore 2013 , pp 321-328 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 12, 2013

By B K. Hebblewhite, G Sharrock

The strength and deformation properties of a rock mass are important parameters influencing the design of civil and mining excavations or structures. The mechanical behaviour of jointed rock masses are controlled by the characteristics of discontinuities and the strength of intact rock bridges between discontinuities. To date, analytical, empirical and experimental methods have not captured the key mechanisms controlling the mechanical properties of actual rock masses with non-persistent joints. The emergence of the synthetic rock mass (SRM) in 2007 provides a promising approach for this purpose. In this paper a rock mass with non-persistent joints is analysed with the SRM model based on PFC3D. The influence of joint geometrical parameters on the uniaxial compressive strength (UCS), rock mass deformation modulus (Em) and failure mode is studied. Joint parameters include joint orientation, persistency, spacing and step angle. Prismatic numerical samples with dimensions 300 mm × 150 mm × 50 mm were generated and a sensitivity analysis of each joint parameter on UCS and Em was undertaken. The results show that of the parameters tested, joint orientation has the greatest influence on UCS. Minimum UCS occurs when the angle between the major principal stress and joint surface is approximately 60°. The joint step angle was found to have a significant effect on failure mode and a joint step angle of 90° is the most favourable joint orientation for step-path failure. The importance of joint step angle is highlighted in the discovery of a failure mode bifurcation point at joint step angles of 60° and 90° for joint orientations of 75° and 90°, respectively. For these parameters the failure mode transitions from block rotation to a new failure mode where the coalescence of cracks results in the formation of new small regularised blocks.

Sep 26, 2011

By Gilligan P

The Selwyn gold-copper operation is wholly owned and operated by the Arimco mining group. The mine is located 150 kilometres south-east of Mount Isa. The primary extraction method for the gold-copper 251 orebody is by sub level open stoping. Secondary extraction is from the mass blasting of the remaining crown and rib pillars. The final mass blast of the 251 orebody occurred in December 1993. This paper details the design and execution of that firing.

Jan 1, 1994

By C Ward, U Mueller

Compositional geostatistics is an approach developed to ensure that the constant sum constraint induced by geochemical iron ore analysis is respected in estimation and simulation. Jack-knifing and cross-validation were used within this framework to compare the results from ordinary cokriging of the additive log ratio (alr) variables with those from conventional ordinary cokriging. Two methods were used to back-transform the alr estimates: the crude additive generalised logistic back transformation and numerical integration via Gauss-Hermite quadrature. Previous work on a blasthole data set from a Yilgarn iron ore mine showed promising results, with the Gauss-Hermite quadrature method returning results comparable to ordinary cokriging from the point of view of bias, but superior in that the constant sum constraint imposed by geochemistry of the data was honoured. Other practitioners have noted that the linear interpolation of non-linear log ratio transformations will result in biased results, and that this bias can be masked in a (grade control) setting where the spatial density is high. To test this assertion, the methodology has been extended to successively lower spatial density data sets. The results and applicability to routine iron estimation are discussed.CITATION:Ward, C and Mueller, U, 2013. Compositions, log ratios and bias - from grade control to resource definition, in Proceedings Iron Ore 2013 , pp 313-320 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 12, 2013

By K G. van den Boogaart, S Konsulke, R Tolosana Delgado

Adaptive mineral processing has to rely on spatially predicted information on primary geometallurgical parameters, like phase composition, size and shape distributions of grains from various phases, portions of value elements in different grain types. Naively, one would predict these parameters geostatistically and select an optimal processing for the predicted structure. This is suboptimal, due to various kinds of non-linearities in the problem. First, some primary geometallurgical quantities themselves are measured in non-real scales, like compositional or stereologically distorted geometric information. Standard geostatistics has to be replaced by compositional and geometric geostatistics, involving complex transforms and restrictions. Further, only partial and uncertain information is available, introducing a stochastic character to the optimisation problem. Moreover, many response variables leading to costs, outcomes and eventual effects of later processing depend non-linearly on the primary geometallurgical parameters, which implies that the final monetary value is not estimated unbiasedly by kriging. Finally unbiased linear prediction (such as kriging) is not the best method of prediction for decision making. The conditional expectation of the monetary values is needed instead. The impact of these problems is explained in this paper, with simplified examples, and a first approach to a general solution is proposed. CITATION:van den Boogaart, K G, Konsulke, S and Tolosana Delgado, R, 2013. Non-linear geostatistics for geometallurgical optimisation, in Proceedings The Second AusIMM International Geometallurgy Conference (GeoMet) 2013 , pp 253-258 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 29, 2013

Mispah form (FAO: Lithosol) soil contaminated with >380 000 mg kg-1 creosote was co-composted with sewage sludge and poultry manure for a period of 19 months. The soil was mixed in a ratio of 1:1 (v/v) with wood chips to improve aeration. The soil-wood chips mixture was then mixed in a ratio of four soil-wood chips mixture: one compost material (sewage sludge or poultry manure). Compost heaps were set up in triplicate on wood palettes overlaid with double layers of nylon straw bags. Control experiments, which contained the contaminated soil-wood chips mixture without sewage sludge or poultry manure were set up in triplicate. Moisture, temperature, pH, ash content, C:N ratio of the compost and the creosote concentration of the soil was monitored monthly. The concentration of selected creosote components in the soil was also determined at the end of the incubation period. Temperature was observed to rise to about 60¦C in the poultry manure and about 58¦C in the sewage sludge within two months of incubation, while temperature in the control fluctuated between 15¦C and 35¦C throughout the incubation period. Creosote concentration in the control was reduced by 17 per cent at the end of the incubation period while concentration of creosote in the sewage sludge and poultry manure compost was reduced by about 99 per cent. The percentage rate of creosote reduction in the poultry manure compost was initially lower than observed in the sewage sludge compost. However, the reduction rate became similar towards the end of the treatment period. The concentrations of selected creosote components were reduced by about 100 per cent within the same period. Respiration of compost microorganisms and counts of microbial populations showed that microbial activity correlated with reduction in creosote concentration.

Jan 1, 2004

Gold mineralisation at Wapolu lies within an exposed arcuate zone at the decollement contact between a basement dome of high grade metamorphics and an overlying ophiolite sequence. This contact was originally a thrust fault which has since become a decollement zone for gravity sliding in association with basement doming. Hydrothermal models for the gold mineralisation postulate an epithermal system in which fluids were channelled up the decollement with boiling of those fluids causing hydrothermal brecciation and subsequent gold deposition. The alteration assemblages, fluid inclusion data and geochemistry indicate that the upper levels of the system are exposed.

Jan 1, 1987

By J E. Everett

Ore selection is generally a highly subjective task, with emphasis on producing product with a consistent target grade matching a perceived market requirement. A composite selection criterion ‘Comp’ (a linear function of the grade vector) can be used to maximise ore tonnage at a specified target grade (in Fe and contaminants) extractable from a block model. The blocks correspond to the selective mining units, with grades interpolated from diamond drill hole data. An iterative procedure has been developed to identify the coefficients and cut-off value for the composite function ‘Comp’, maximising potential ore tonnage at target grade.Commonly, target grade is predetermined by marketing; however, there is no guarantee that maximising ore tonnage at a specified target grade maximises the potential value of the mine. If the value of ore could be expressed as a linear function of the grade components, then these coefficients would be appropriate for the selection criterion ‘Comp’. The cut-off value for ‘Comp’ would correspond to the marginal cost of production; all blocks with a ‘Comp’ score above the cut-off would be classified as ore; and the cumulative grade of these ore blocks would be the average product grade over the life of the mine.Unfortunately, no such value function for iron ore is generally available. Methods for estimating the value function are discussed, using the spot price and sensitivities based either upon operational tolerances for Fe and the contaminants or upon published price differentials. This approach has been applied to an anonymous Pilbara deposit with about one million blocks averaging 1.1 kt. It is shown how the optimal target grade, cut-off grade and maximum tonnage can all be explored as a function of marginal cost and iron ore price. Alternatively, given marginal cost and an iron ore price, the effects of changing the tolerances (and therefore the relative costs of the contaminants) can also be explored.It is suggested this procedure can enable informed decision-making for an iron ore mine. Rather than setting final policy for the entire life-of-mine, the method enables target grades and tonnage estimates to be revised by re-computation as the mine life proceeds to recognise changes in market conditions and knowledge about the resource.It should be emphasised that this paper is concerned with ore selection rather than ore sequencing. Appropriate ore selection is a necessary but not sufficient condition for maximising value. Having identified the set of blocks that potentially maximise value, the sequence in which they are mined will present a trade-off between producing at constant grade and extracting high value ore early. The sequencing issue is not considered here. It is shown that optimum ore selection for an open pit mine is independent of any consideration of discount rates, although ore sequencing will depend upon the time value of money if the product grade is to vary across time.CITATION:Everett, J E, 2015. Ore selection to maximise value, in Proceedings Iron Ore 2015, pp 443–448 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015