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By Harper F

This paper outlines the authors' views of the methodologies which can be employed to value mineral properties at different stages of development for the purposes of project financing, mergers and public floats. This paper discusses the key issues in Discounted Cash Flow (DCF) analysis including the importance of data verification and the shortcomings in DCF analysis. Stockmarket valuation measures and valuation methodology for exploration and pre development projects are examined through examples and pitfalls are identified. The use of valuations in corporate transactions and their strategic value is also discussed.

Jan 1, 1994

By B Mobilio, M Secheny, J Rachocki, G B. Sharrock, A Jäger, J L. Lett, I Brunton, G W. Capes

Establishment of the Cadia East Panel Cave Stage One (PC1S1) commenced with the firing of the first bell in early 2011. Production began with the completion of the undercut in May 2014. PC1S1 used a post-undercut composed of 114 drawbells covering a footprint area of 73 438 m². The extraction level is located at a depth of 1200 m below the surface and is based on a 32 × 20 m El Teniente layout. Cave establishment required the construction of multiple conveyor drifts, a large-capacity jaw-gyratory crusher and ancillary ventilation and pumping infrastructure. Preconditioning via hydraulic fracturing and blasting was implemented at various locations of the cave block height. This paper presents an overview of the key learnings from the commencement of undercutting to surface breakthrough, including rock mass classification and modelling, stress measurements, preconditioning, numerical modelling and cave monitoring.CITATION:Lett, J L, Brunton, I, Capes, G W, Jäger, A, Mobilio, B, Rachocki, J, Sharrock, G B and Secheny, M, 2016. Undercutting to surface breakthrough – Cadia East panel cave (stage 1), in Proceedings Seventh International Conference and Exhibition on Mass Mining (MassMin 2016), pp 65–82 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 9, 2016

By Everson P. T, Moyle F. J

Magnesite-rich and dolomite-rich ores from the Savage River region of Tasmania are being considered as potential feed material for a commercial process for production of magnesia.Two selected samples have been characterized by chemical analysis, X-ray diffraction, and differential thermal and thermogravimetric analysis. The materials differ in calcination behaviour, with magnesite decomposing at a significantly lower temperature than dolomite. Calcination conditions have a marked effect on the rate and percentage of magnesium dissolved as the bicarbonate when slurries of the calcine are leached with carbon dioxide. From a process point of view, the feed should have the highest possible magnesite/dolomite ratio, while the optimum calcination conditions are determined by the behaviour of the magnesite component of the feed.From batch calcination tests, it is apparent that the optimum calcination conditions for magnesite-rich ore are a temperature in the vicinity of 700°C and a calcination time of one hour.

Jan 1, 1981

By Tellis D. A

An outline is given of the general position of earthsciences information in Australia, the background to development of the Australian Earth Sciences Information System (AESIS) and the role of the Australian Mineral Foundation in developing and co-ordinating the projeot in co-operation with the CSIRO, BMR, National Library of Australia, AGIA, and many companies.Details 'of the system, method and anticipated rate of input (especially of unpublished material at which the System particularly aims), mode of dissemination, and use of the data base are discussed. Information on theAustralian Thesaurus of Earth Sciences and Related Terms and brief details of some 30 earth sciences information collections in Australia is given.

Jan 1, 1977

By K Barns, H Law, T Whebell, P Scobie, T Perkins, J Siliezar, M Larson

With processing a variety of orebodies at Glencore’s Ernest Henry Mining (EHM) has come a changing mineralogy and more complex requirements for treatment in the concentrator. From mid-2013 and into 2014 the grind size required to achieve sufficient mineral liberation for production of a quality concentrate has reduced significantly. What was once a final P80 of 35–45 microns was forced to 20 microns. This has necessitated some creative changes to the flow sheet that previously had a 937?kW Vertimill regrinding a rougher concentrate to 40 microns. EHM is able to utilise an existing M10 000 3 MW IsaMill previously used for magnetite processing, to provide a quick convenient solution without large scale capital expenditures. Operating the Vertimill and IsaMill in parallel in closed circuit was successful at reducing the P80 of the regrind circuit to below 20 microns which increased the final concentrate grade by four per cent. This circuit and intermediate circuits used are discussed. Performance of the Vertimill and IsaMill is compared for efficiency optimisation to improve the overall circuit performance.CITATION:Siliezar, J, Whebell, T, Perkins, T, Law, H, Scobie, P, Larson, M and Barns, K, 2014. From magnetite to chalcopyrite – a story of versatility and efficiency at Glencore’s Ernest Henry mining?operation, in Proceedings 12th AusIMM Mill Operators’ Conference 2014 , pp 85–92 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 1, 2014

Development of aggregate resources for use in structural concrete has been encouraged in Japan to support infrastructure improvement and national land conservation. Natural aggregate is a valuable resource necessary for sound economic development, and its importance is growing. After completion of aggregate mining projects, planting and afforestation are implemented. But sandy soil in excavation sites is not optimum for the growth of vegetation, and many years are needed before forests are restored. Planting techniques should be improved to support efficient reforestation in a shorter period of time. For this purpose, problems hampering growth of vegetation must to be solved through application of physical and physicochemical techniques to ensure that the environment and the ecosystem will be conserved in project sites.

Dec 6, 2010

At Great Boulder Gold Mines Ltd. a number of attempts were made to remove water soluble copper and iron salts from calcined pyritic concentrates but variou~ problems arose and the methods were abandoned.A method of rapid washing has been developed and although some problems still exist a workable process was established which resulted in substantial savings of reagents used for the cyanidation of calcine.INTRODUCTIONIn the Great Boulder flowsheet crude ore is ground in cyanide solution, then thickened, agitated and subjected to two stage filtering. Secondary filter discharge is pulped with flotation circuit water, gassed with sulphur dioxide to precipitate soluble gold and activate pyrite, and after the addition of copper sulphate and xanthate, the pyrite and tellurides are recovered by flotation. Flotation tailings are thickened and pumped to the disposal area and concentrates are calcined in Edwards roasters. Calcine is washed to remove water soluble copper and iron salts and the washings pumped to the flotation section where the copper is used as an activator. The washed calcine is cyanided and returned to the crude ore circuit via the thickeners. Solution for precipitation in the Merrill Crowe is drawn from the crude ore thickeners.Prior to the introduction of calcine washing the calcine contained 7 lb/ton copper of which approximately 60 per cent was water soluble. It also contained approximately 90 lb/tol'l of water soluble iron salts. Both the copper and...

Jan 1, 1964

Research of 200 m3 Self-Suction Flotation Machine

Sep 13, 2010

By G J. Corbett, P Magner, M McKenzie

Structures formed during ductile deformation have been reactivated during the later brittle mineralisation process. Two generations of folding are classified as: early recumbent megascopic FI folds and FI shears which transpose the hinge regions, and later upright F2 folds. S1 is folded about F2 folds which contain axial planar S2 crenulation cleavage. Vergence relationships between S1 and bedding indicate that many of the mineralised structures occupy sites of FI folds which have acted as plumbing systems for later gold mineralisation (eg Blackwater mine). The Globe-Progress gold mineralisation is localised by a major jog formed by sinistral strike-slip movement on two FI fault segments and mineralisation also occurs in smaller jogs along strike (eg Sir Francis Drake, Happy Valley-Merrijigs, Cumberland).   The lodes of ribbon quartz which exploit the FI shears and local bedding planes, are inferred to have mostly formed after the peak of metamorphism, possibly related to the emplacement of Carboniferous granites. This was followed by a sequence of vein deposition and wallrock alteration which consists of quartz-As/Fe sulphides ? carbonate - stibnite ¦ trace base metal sulphides and Bi-sulphosalts ? illitic clay/sericite-chlorite. Gold at Globe-Progress is mainly encapsulated in arsenopyrite. At Blackwater, free high fineness gold occurs in partings in lode quartz with late sericite-chlorite. The above sequence of events is comparable to that encountered in many intrusion-related gold systems throughout the Southwest Pacific region. There is a spatial relationship between gold mineralisation and dykes variably described as diabase, dolerite or lamprophyre. Alkaline rocks occur in many Pacific rim and older goldfields and may possibly be related to a magmatic source for gold mineralisation.

Jan 1, 1997

By J Cronin

For the last decade, we have read about the great technical innovation that is coming to the mining industry that will increase safety and productivity. There is consensus that it will be a technical innovation that will produce a step change in mining costs and outputs (as opposed to bigger machines or less people); however, this innovation (while freely available) has not taken hold in the industry. While there are a few mines that have embraced technology, the majority of underground mines simply do not have the expertise or technical capability to implement innovation and automation.With unexploited mineral deposits becoming deeper and more remote, and thus more hazardous to mine, telepresence offers the ability to remotely execute production tasks while separating personnel from hazards. As the technologies required to deliver telepresence mature, the potential for there to be no personnel underground during production activities is becoming a reality (the ‘dark factory’). So significant is the capacity of telepresence to mitigate risk, it is proposed that it be included as a separate entry in the hierarchy of hazard mitigation controls.Technical innovation such as the optimised short-term interval control of the production process and the automation of underground mobile fleets offer significant increases in production along with lower operating costs. This paper explores the most critical components for the successful implementation of technology in underground mining; redundant, robust and high-bandwidth communications networks to carry data from distributed networks of smart sensors and to convey teleoperation commands; and high-definition video to provide operators with detailed, real-time data. The days of analogue ‘leaky feeder’ as a base case for communications are over. The human resources required to support the expected wave of innovation are significant and will be difficult to maintain in remote areas as the same skills and expertise are in demand in other industries.The paper highlights barriers to innovation in the mining industry, and a lack of technical and scientific expertise within the industry to be able to identify, implement and manage technologies that can increase safety and productivity. As well, an over-reliance on basic net present value (NPV) financial analysis that is used in the industry punishes investment in technology (capital expenditure; CAPEX) and accepts higher operating expenditure (OPEX) due to the discounting of future savings in operating costs.CITATION:Cronin, J, 2017. Telepresence – the application of remote control and automation technologies for increased safety and productivity, in Proceedings 13th AusIMM Underground Operators’ Conference 2017, pp 213–224 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 16, 2017

The Precambrian Eastern Creek Volcanics comprises spilitic basalts with interbedded sediments and tuffs which were extruded and deposited during Middle Proterozoic time. The rocks have undergone low-grade regional metamorphism.The Eastern Creek Volcanics are approximately 17,000 ft thick and have been divided into four units.The rocks were laid down in a geosynclinal basin elongate to the north. The main structural features are the northerly trending Mount Isa and Gorge Creek-Quilalar fault systems.Major east-west faults cause repetition of the sequence.Copper and uranium mineralization is known within the formation. Copper mineralization is confined to quartz-filled shears anp basalts. Nothing of economic importance has been found in the area though ore deposits have been found elsewhere in this type of environment.

Jan 1, 1968

The closure of the only professional mining school in New Zealand will mean that the minerals industry will have to explore other options to fill their mining professional positions. Globally mining is not seen as an attractive career option for young people and recruitment into mining courses is at a low level. Yet industry demands ever increasing competencies with respect to technology, environmental issues and legislation. This paper addresses this issue by first discussing the attributes required of graduate mining professionals. It then looks at alternative ways on how these can be met internationally and on the home front.

Jan 1, 1997

The large increase in secondary industries in this country, during the war and post war periods, has caused a shortage of capacity for the production of merchant bar.To overcome this shortage, an expansion of rolling mill facilities has been undertaken by the Broken Hill Pty. Co. Ltd. A small, but modern, merchant mill has been erected at Kwinana in Western Australia and a strip and skelp mill is under construction at Newcastle. The latter mill will roll strip and skelp at present being rolled by the Newcastle 10 in. Merchant Mill, enahling this mill to concentrate on merchant bar production.The Kwinana mill was installed to supply the Western Australian market. This state has a small population (approximately 658,000) and is not at present highly industrialised. It was necessary, therefore, to design a mill which would be capable of producing a wide diversity of sections and could be expanded as the demand increased. To begin with capital expenditure had to be kept within reasonable bounds. The design work for this mill, with the exception of a few specialised items of equipment, was carried out at Newcastle.All design work for the Newcastle mill was carried out by the lVIorgan Construction Co. of America. Although initially intended for rolling flat. products, the designers were asked to make the mill as flexible as possible, so that should the market for flat products decrease, this mill with additional equipment could undertake the rolling of medium sized sections.

Jan 1, 1957

By E Nye and T Schroeter, B Muir, M Kitson, M Gonzalez, D Mares

The single track North Strathfield Rail Underpass (NSRU) consists of a dive structure either end of a 148 m long driven tunnel skewed under three live railway tracks. The tunnel is 8 m high, 9 m wide, with a horseshoe profile, excavated by full face using a road header. Ground cover varied between 2.5 m to 3.5 m. Settlements were 5 mm to 15 mm (the latter due to a dyke). A one pass synthetic fibre reinforced shotcrete lining was installed (no lattice girders or steel sets were used). A system of automated robotic total stations was used to provide real time monitoring of the rail track and associated ground formation. No disruption to train services occurred.CITATION:Gonzalez, M, Kitson, M, Mares, D, Muir, B, Nye, E and Schroeter, T, 2014. The North Strathfield Rail Underpass – driven tunnel design and construction, in Proceedings 15th Australasian Tunnelling Conference 2014 , pp 369–374 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 17, 2014

Myths and misconceptions regarding cyanide in the mining industry are common. This is not surprising, given the other uses to which cyanide is, and has been put. Unfortunately, the economic benefits, largely due to the introduction of cyanide in towns such as Waihi are often unrecognized. In the current "green" environment, the New Zealand mining industry faces constant scrutiny and challenge. The use of cyanide in hard rock mining is one area which can stir the emotions of the public.   Cyanide can be transported, stored, used and disposed of in a safe manner. The modem mining industry has an excellent record regarding the safety and environmental issues relating to cyanide. Many of the fears relating to cyanide in the mining industry have proven to be unfounded. It is important that this reputation is maintained. This is possible given proactive and ongoing management of cyanide issues.

Jan 1, 1997

This Department handles all ores prior to blast-furnacing, the object of the operations being to mix the lead-bearing material with fiuxes, eliminate sulphur from the mixture, and produce a homogeneous sintered product which is chemically and physically suitable for treatment in the blast furnaces.During the financial year ended the 30th June, 1937, the tonnage of charge treated was 458,960 tons, containing some 183,470 tons of lead and 8,504,000 oz. of silver.The quantities of the principal components of the charge treated were as follow:-

Jan 1, 1937

By A Webster, T Murphy

Block cave mining, in its broadest sense, has transitioned from an orebody/rock mass determined method of extraction, to a low-cost and high production mining method that may be applied to any large ore deposit. This inherently means that caving is now required in more complex rock mass conditions where assistive damage, through preconditioning, may be necessary. This requires comprehensive understanding of the geology, and its interwoven relationship with geotechnical parameters, and is made more challenging due to limited exposure in block cave mines. Limited mine development throughout the cave volume equates to a heavy reliance on drilling data in terms of observations, modelling of the mine geology, and collection of geotechnical data. This translates as increased uncertainty of geological and geotechnical models and has potential to impact significantly on the ability to make informed decisions in the design and operation of the cave mine.Modelling of cave propagation behaviour requires a complex, coupled system of draw of material, flow of material through the cave stocks, and propagation of the cave-back assisted by autogenic stress-related breakage of the rock mass, manifested as seismicity. The role of geological features in the process of cave propagation is not well understood and requires evaluation on a mine-specific basis, given the diversity of geological controls/settings of ore deposits and local variability of stress fields.Seismic monitoring systems can elucidate key geological features and domains, as heterogeneous seismogenic activity is observed ahead of the advancing cave-back. The observations made from analysis of seismic monitoring data may have potential to be used as a validation tool for numerical modelling of predicted cave behaviour in similar geological settings (eg next lift/panel).Understanding of the geological structure, at all scales, is critical to optimise the design and operating decisions made in a block cave operation. At present, intermediate-scale structure, anisotropy, mineralogy and model uncertainty may be neglected or under-represented despite their likely significant role in the mechanisms of cave propagation.Insights from an analysis of the Ridgeway Deeps block cave mine are discussed in this paper.CITATION:Murphy, T, Webster, A and Chitombo, G, 2016. Beyond rock mass characterisation – the impact of geology on block cave mining, in Proceedings Seventh International Conference and Exhibition on Mass Mining (MassMin 2016), pp 861–872 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 9, 2016

Australia is the world's leading producer and exporter of mineral sands. Despite increased production from some other countries in recent years, Australia maintained its No.1 position in 1988 among world producers of mineral sands concentrates. Production of the titanium minerals -- ruffle, ilmenite and leucoxene, as well as synthetic ruffle -- by the seven companies currently comprising the Australian industry increased in 1988 in response to continuing strong demand for feedstock by the pigment industry. Production of co-product zircon remained at the 1987 level, reflecting declining zircon grades. Exports of mineral sands concentrates increased in 1988; export earnings exceeded $300million. Prices for mineral sands concentrates are now at a historical high and, assuming that the world economy remains strong, real prices should continue to trend upwards in the short term. Exploration in the Eneabba-Cooljarloo region and the Scott River area, both in WA, the Murray Basin, Vic, and the central Queensland coast area, has identified substantial resources of heavy mineral sands. These discoveries have reversed the trend of the early 1980s of falling resources of mineral sands. In 1988, BMR estimated that economic demonstrated resources (EDR) of ilmenite, rutile, zircon and monazite combined was about 72.8 million tonnes. However, a substantial portion of the resources on the east coast are frozen as a result of environmental considerations. The proportion of mineral sands concentrates processed in Australia increased with the commissioning of two new synthetic rutile plants; Australia is now the world's leading producer of synthetic rutile (total capacity 272000 tonnes), most of it for export. Australia's two TiO2 pigment producers have both increased capacity, lifting national capacity by some 70p ercent to over 120000 tonnes/yr. As part of the expansion one producer converted from the sulphate to the chloride process. Other new pigment plants are being proposed for the future.

Jan 1, 1989

By B Belle

In a predrained gassy coalmine, ventilation control plays a secondary role to the longwall (LW) goaf drainage systems to safely manage panel return gas levels. Typically, the LW specific gas emission (SGE) estimation models provide anticipated goaf gas emissions and arriving at required gas drainage capacity for various coal production scenarios. A study comparing the various LW goaf gas hole spacing patterns with weekly production rates of up to 270 kt/w of an operating mine with high SGE rates (~20 m3/t) was carried out. The goaf capture efficiency of LW panels ranged from 64 per cent to 85 per cent. For the first time, gas content of upper seam data post LW retreat were used to verify the current SGE prediction models. This study has shown that an average of 50 m goaf spacing is optimal for management of high production retreat gassy LW panels in presence of multiple upper and lower seams with gas emission zone influence reaching up to 200 m above workings. Due to the horizontal stress direction related geotechnical issues, goaf hole failures just behind the LW face is a recurring challenge resulting in significant and immediate increase in LW panel return gas levels. This paper highlights the shortcomings of current SGE prediction models for goaf gas estimation, and evolution of 50 m goaf hole spacing embedded in design process in managing the LW tailgate gas levels.CITATION:Belle, B, 2017. Optimal goaf hole spacing in high production gassy Australian longwall mines – operational experiences, in Proceedings Australian Mine Vent Conference 2017, pp 15–26 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 28, 2017

By W. J. LANGRON

This paper describes the results of VLF-EM test surveys, using the Ronka EM-16 equipment, over a selection of environments in Australia and Papua.Using comparisons with known geology, drilling information and other geophysical work it is shown that the maximum depth of penetration of the method is about 100 ft but is considerably less than this in most areas.The author believes the method could aid in geological mapping and provide a useful adjunct to aeromagnetic surveying in some areas.

Jan 1, 1972