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

Jan 1, 1983

Initial coal production at Ulan was solely from underground mines. A significant increase in demand for steaming coal in the late 1970's emphasised the need to further expand production and led to the development of the open cut mine which commenced commercial production in June, 1982.During the initial stages of mine planning, feasibility and cost studies were undertaken to determine the most suitable method for coal haulage from the pit. The comparison between a conventional truck haulage system and an in-pit crushing system using a mobile crusher and moveable belt conveyor haulage confirmed that the mobile crusher and conveyor system was superior in every respect for the Ulan mining operations.Technical features and design parameters for the major items of equipment are outlined as well as operating, manning and performance assessments. Minor equipment problems were encountered during initial operation but these have since beenrectified and the plant is now capable of exceeding the design production. Maintenance and energy costs are considerably lower than originally estimated and production efficiencies are continually improving as operators develop new techniques and procedures in the handling of the equipment.

Jan 1, 1985

By Beeby C. j, Fernando W. J, Ming M. Q I, Guang Li Xi

Removal of moisture in steam-fluidized, mainly steam-heated, fluidized beds makes possible significant energy savings over conventional forms of large-scale drying. The systens are described and their applications to brown coal and alumina hydrate are reviewed. In application to brown coal the use of the system to permit meeting diurnal variation in power station output, and the use of triple-effect drying to minimise coal usage and to avoid the necessity of recovering in the turbines the energy in the steam from the last dryer are discussed. To facilitate the rapid adoption of the systems proposed, studies are being made of heat-transfer to dried coal, of moisture equilibrium in pressurized and vacuum systems, of tapered beds as a means of reducing carrier steam and permitting wider size variation, and of the use of carrier solids for drying lump materials.

Jan 1, 1989

By Wilson AF

Gold-silver mineralization at Cracow and Ukalunda in Queensland comprise quartz-filled veins, fissures and breccia zones hosted by propylitically altered volcanics and epizonal intrusions which are strongly fractured. The terrestrial volcanic facies, structural setting, type of alteration and complex mineralogy suggest these deposits are of the epithermal type.The 180 depleted character of the wall-rocks is consistent with the involvement of meteoric waters in convective hydrothermal cells associated with the vulcanism. The Cracow quartzes have remarkably low 6180 values from -2.0 to -3.4 per mil typical. of meteoric hydrothermal systems at high latitude, consistent with the inferred position of Australia during the Permian. 6180 values for the Ukalunda quartzes exhibit a wide range from 5.1 to 14.9 per mil which reflect the mixing of magmatic and meteoric waters, and a steep geothermal gradient.Further stable isotope and geochemical studies are in progress to establish the scale and morphology of the zones of anomalous 6180 and mineralogy in the wallrocks which constitute significant exploration targets.

Jan 1, 1984

By Morland R

In the course of an exploration program aimed at increasing Pasminco Mining's ore reserves, an electromagnetic survey down one of the underground drillholes at the North Mine, Broken Hill, recorded a broad and persistent response. This paper demonstrates that the anomaly was not due to any geological feature, but rather was caused by 'self-response' of the sensing probe. The observed results are due to the surveyed hole lying within a resistive environment and having distinct, but not unusual, changes in dip.This phenomenon has not been widely reported and we believe that there are likely to be similar cases in company records where very genuine looking responses are due to self-response rather than sulphides. These false anomalies can be recognised by correlating the observed data with the calculated down-hole component of the transmitting loop's primary field.

Jan 1, 1994

By Guerney P. J

A suspension of finely powdered ferrosilicon in water is the dense medium used in the gravity upgrading of iron ore, diamonds and other minerals. Ferrosilicon can he lost in the plant through corrosion. The greatest corrosion losses occur when

Jan 1, 1997

By Enever JR

In-situ rock stress measurements conducted in the Phillipines and on Bougainville have revealed stress fields significantly different from expectations based on intraplate experience. The results have potential significance in regard to both engineering practice in the Pacific Rim region as well as in helping to understand the geological processes occuring near subduction Zones.

Jan 1, 1987

By A Stradling

For a geometallurgical program to be successful, linkage must be made between the geologists and geostaticians who understand and model the orebody, the metallurgists who determine the value that can be extracted from the different geometallurgical units, and the mine planners who develop and optimise the plan to extract maximum economic value from the resource. One of the primary purposes of geometallurgical models is in the determination of the economic cut-off between ore and waste. Recognition of the level of confidence required in the estimation of grade, throughput and recovery is critical to the planning of a successful geometallurgical program. It also helps clarify the scope of work needed to mitigate risk at each stage in the development of a new mine projectThis presentation provides some of the author’s experience with development and application of geometallurgical models for existing base metal operations. It discusses how geological units defined by lithology, structure, alteration etc, can be translated into geometallurgical ore types defined by mineralogy, ore hardness, and flotation behaviour. Examples of how these characteristics have been used to estimate key economic parameters such as mill throughput and flotation recovery at two brown-field operations are provided. The first example relates to the modelling of metallurgical performance at Teck’s Red Dog zinc-lead mine in Alaska. Prior to 2000, zinc, lead and silver recoveries from a block of ore at Red Dog were either assumed constant, or were varied according to simplistic models. Throughput was not thought to vary substantially between blocks, so an average value was used for each blended stockpile. It is quite possible that some ore-value blocks were classified as waste, and some waste-value blocks treated as ore, as a result of poor understanding of the true economic cut off across the wide range of ore types observed at Red Dog. After an extensive flotation test program, the first assay-based zinc recovery model was developed for the Main pit reserve in 2003.**This is an abstract only. No paper was prepared for this abstract**

Sep 5, 2011

ABSTRACT' The first references to gold in New Guinea were by the Portuguese in 1525. The first significant discovery and gold rush was on Sudest Island in 1888 and was a natural extension of the rush that surged up Australia's eastern coast and ended at cook- town. Prospectors made a series of minor discoveries in coastal regions before the first large discovery at Wau/Edie Creek/Bulolo in 1925. Major post war gold discoveries were made at Bougainville, Frieda River, Porgera and Ok Tedi. On Misima Island a large bulk low grade deposit has been recognised surrounding old gold workings. Gold exploration has increased drama- tically since the lifting of a 3 year moritorium on new exploration areas in Noverrber 1982. A new bulk low grade gold discovery has been made on Lihir Island, north of Bougainville and a number of other promising areas are being drilled. Gold production is also expanding dramatically from current levels of 600,000 ounces to an anticipated 1.3 million ounces in 1985 with the opening of Ok Tedi. Other potential developments are likely to increase output above 2 million ounces by 1990. Papua New Guinea's world ranking as a producer is likely to move from 9th to 7th in 1985 reflecting the favourable geological potential, stable political environment and attractive development terms offered by the Government.

Jan 1, 1984

By S J. Henderson

Over much of Australia, rainfall is highly seasonal and storm-driven. Consequently, operational mines often need extensive earthworks – drains, dams and levees – for protection during the occasional large floods and for water storage against the dry times; however, it has not been appreciated that many of these earthworks will need to function after mining has finished, sometimes, beyond a normal design life for engineered structures.While a mine is operating, standards for design and maintenance are dictated by regulation and risk assessment. For dams and levees – regulated structures – the standards imposed mainly relate to life-of-mine. The levels of risk and maintenance accepted by the mine operator may not be acceptable to another landholder in perpetuity. However, the Environmental Authority cannot be surrendered unless the landholder has accepted responsibility for any unrehabilitated regulated structures (Department of Environment and Heritage Protection (DEHP), 2016).In order for a future landholder to be willing to take responsibility for a dam or levee, the structure should be of value to the business of the property. In addition, its management needs must be consistent with that business; for example, it should be maintainable using skills, equipment and materials normally available to the business.CITATION:Henderson, S J, 2016. Earthworks or landforms? Designing for lease surrender, in Proceedings Life-of-Mine 2016 Conference , pp 151–153 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jun 28, 2016

By Hayba DO

Metal-rich slurries discharged from excess-enthalpy geothermal wells at Kawerau (NZ) indicate that an efficient ore precipitation mechanism operates in some feedzones. In our conceptual model, which takes into account the relative permeabilities of liquid and gas phases in boiling fluids, a metal-precipitating liquid phase is effectively immobilised along boiling fronts, leading to the formation of highly concentrated ore. Chemical equilibrium and heat/mass transport modeling demonstrate the general applicability of this conceptual model to hydrothermal eruption environments.

Jan 1, 1995

By Barro L

Very large reserves of gas are contained in coal. Because of the low permeability of the coal gas flow rates are very low. Fracturing of the coal can be achieved by use of the nitrogen - foam frac techniques described but the flow rates after fracturing are not sufficient to support economic development. Fracturing of the seams in the Bowen Basin was as predicted but in the Sydney Basin no trace of the fracture could be found when development proceeded past the fractured well. Testing of coal samples has provided some insight into parameters affecting desorption Rates.

Jan 1, 1982

By D Sidea

There has been increased focus in Australia on large diameter raise boring for ventilation shafts and orepass excavation in good quality, brittle, highly stressed rock. As mining in many parts of Australia progresses to deeper levels, more vertical openings are being excavated in highly stressed ground conditions. However, whilst shafts have been successfully raise bored in highly stressed rock, it is often at a significantly increased risk of loss or damage to inhole equipment. It is important for both mine owners and contractors to have an appreciation of these risks at the planning and tendering phases of raise boring contracts. This paper provides an understanding of the risks associated with large diameter raise boring and a review of methods to predict failure in highly stressed rock.

Jan 1, 2005

By D Head

IonicRE acknowledges within our mining industry, there is a common belief that workplace health and safety, often referred to as safety, is just a matter of ‘common sense’ – something obvious and easy. However, at IonicRE, we hold a different perspective. We understand that safety is far from easy. We recognise the need to emphasise the importance of understanding and conveying the inherent difficulties of working safely. We are committed to implementing processes that support individuals in achieving our safety objective of eliminating fatalities and permanently disabling injuries. To build resilience and sustainability into safety performance, we draw parallels with the principles underpinning sustainable and exceptional production performance. Achieving sustainable safety performance demands effective leadership, meticulous planning, adept management, genuine care and unwavering commitment. We’ve leveraged various tools and techniques, such as DISC theory, Maslow’s hierarchy, process control, Kaizen, Six Sigma and Kirkpatrick’s 4 levels, among others, to facilitate this improvement. There methods play a pivotal role in developing a Safety Blueprint for enhanced safety performance. This paper provides an overview of IonicRE’s Safety Blueprint, a strategic framework for developing our safety capability. Our capability is underpinned by three key pillars. Firstly, a comprehensive risk management approach is imperative, encompassing the understanding of hazards, the identification of threats to our people and the associated risks. Secondly, it entails providing and enforcing accountability to sustain our safety capability. Lastly, it involves constructing an effective defence system against threats and harm. Implementing these pillars requires a meticulously devised change process. Anticipating resistance and potential setbacks, we underscore the importance of having the right people and a wellcommunicated vision for safety at IonicRE. A Safety Blueprint serves as a detailed plan outlining the path toward a future goal. At IonicRE, we contend that safety in the mining industry has generally lacked a coherent and effective Safety Blueprint – a comprehensive plan to navigate the journey toward a destination. Drawing parallels with NASA’s detailed plan for landing a man on the moon safely, we question why, as an industry, we cannot similarly eliminate fatalities. While progress has been made in the last century, we must not wait another 50 years to eradicate fatalities from our industry. Examining Safe Work Australia data from 2008 reveals that 47 per cent of mining fatalities result from vehicle activity and 40 per cent stem from individuals being struck by an object. As of December 7, 2023, seven lives have been lost in the mining industry in Australia this year, indicating a stubborn trend mirroring 2022, with limited improvement over the past 25 years. These incidents are not isolated or unexpected. We understand the hazards and controls, yet fatalities persist. IonicRE considers that the mining industry stands at a critical juncture – do we accept a plateau in mining safety performance, or do we rethink our approach? At IonicRE, we are thoroughly reassessing the hazards that threaten our people, systematically redefining effective risk control measures and establishing a robust framework to hold individuals accountable for the effective implementation of the control measure.

Apr 16, 2024

By Quast K. B

Samples of limestone and micaceous hematite have been ground in a laboratory batch mill using equal weights of either rods or balls. Values of the Schuhmann distribution modulus, a, have been shown to depend on grind time and do not remain constant as often reported. The linear reduction in a with grind time was attributed to a change in grinding mechanisms with time. The product sizing from ball milling limestone showed a bimodal distribution, but rod milling produced a unimodal size distribution. The product sizing from milling micaceous hematite was difficult to interpret due to the major influence of the shape factor on the transition from screen sizing to cyclosizing.

Jan 1, 1995

By Hanes J

More than 200 bursts in coal occurred at Leichhardt Colliery prior to December 1978 during mine development in the 6 m thick Gemini seam at depths approximating 400 m. Three large bursts each displaced more than 300 tonnes of coal and stone. Two of these which occurred in continuous miner developments, are described and compared. Geological settings, mining strains including induced cleavage and roof failures associated with bursts are described. A shotfiring technique replaced mechanised mining following a major incident at the colliery. Present mining procedures, the apparent improvement in stability of workings and ongoing geotechnical monitoring programme are discussed.

Jan 1, 1980

By S Pontual

The use of spectral data has traditionally been for obtaining mineral information and for mapping out alteration systems. The output from these data is typically in the form of mineral assemblages and data on relative proportions of minerals. However there is much more than just mineral information in the spectral data. Most importantly, the data allow the user to obtain vital information on mineral chemistry for some key alteration minerals. The mineral chemistry data allow the users to evaluate multiple phases of alteration of the same key mineral species, and to assess which phase is related to mineralisation. Mineral indices can be extracted from the spectral data and plotted to represent variations in the chemistry and relative proportions of key mineral phases as downhole, section and three-dimensional (3D) plots. These data can also be compared with the spatial distribution of the mineralisation by integration with geochemical and logging data. Through spatial and statistical evaluation the mineral information obtained using spectral analysis can provide vital information to assist in building alteration models and therefore improve targeting for further drilling and exploration.

Aug 22, 2011

By Richards JR, Herbert HK

A basic question in preparing this review was how to define sulphur mineral occurrences as being associated with the Pacific Rim. This question will be reconsidered later. The isotope composition of sulphur- containing minerals may be considered in terms of two primary sources - 1. deep- seated sulphur, devoid of crustal contam- ination with a 634S value near 00/0o and 2. oceanic sulphate which fluctuated in value between +10 and +300/00 over geological time (Claypool et al., 1980). However, minerals have seldom been directly derived from these primary sources as even evaporites have been dissolved and reprecipitated. The marine source is differentiated biochemically and isotopically in recent sediments where sulphide from bacterial sulphate reduction may be significantly depleted in 31S. The question of chemical interaction of ascend- ing magma with upper crustal rocks has become one of degree rather than whether or not it occurs. Mineral deposition is considered increasingly in terms of mixing of fluids and their chemical reactions with rocks rather than direct precipitation from magmas or hydrothermal fluids derived from them.

Jan 1, 1987

By Boyd G. L

Stress measurement is at the core of most stability design analyses. It is demonstrated that contrary to accepted practice, it is the field measurement, and not the calculated prediction, of stress that requires most examination and review. Since it is not really possible to quantify rockmass properties, the stiffness values used in reduction of stress measurements and in subsequent design analyses (either empirical or numerical modelling) must consider an appropriate range of values.

Jan 1, 1995

Coal slurry pumping was introduced into the U.K. in 1973. Gateside packs were prepared in areas of containment using R.O.M. coal and a special fast setting cement. The packs restricted roadway convergence and moderated spontaneous combustion risks, but costs were high and alternptives were sought. A similar system using OPC and an accelerator had limited success. Much more successful was the Aquapack process which used dilute slurries of a special OPC based cement and an accelerator based on sodium carbonate and bentonite pumped simultaneously into la fabric packbag. The Tekpak system using HAC and a much modified calcium sulphate mixture superceded Aquapack on the grounds of improved cement pumping life lower alkalinity and lower costs. A further modification of this system gave a cement with a 24 hour pumping life thus obviating flushing out pipe ranges except at the week-ends, improved packbags also increased the efficiency of the process. The hazard of spontaneous combustion can be inhibited if air supply channels across the waste can be located and plugged. Using gas samples from pack pipes to locate the heating and injecting a special grout, formulated from bentonite, sodium silicate and thixotroping agents. into the waste on the intake road has proved a successful method of controlling heatings. Mine' roadway and face cavities are being safely and successfully filled with cementitious foams produced in a novel placer machine. The foams are based on fast setting cements with specialised foaming agents. Up to 13 cu. metres per hour of fast setting thixotropic foams can be produced and their use is now widespread throughout U.K. coal mines.

Jan 1, 1986