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New Zealand's Land and Income Tax Act 1954 contains unique incentives for companies engaged in mining certain specified minerals or petroleum. Sections 152 and 153 provide for the taxable income of such companies to be based not on profits made but on dividends paid to shareholders. A significant saving in tax results, particularly where profits are not distributed: but the Act attempts to ensure that undistributed profits are used for further mineral exploration and development. To encourage investment in the mining industry, persons taking up shares in a company mining for the specified minerals or petroleum are entitled to a one-third deduction in respect of monies paid on the shares and used by the company for its purposes; and company shareholders may make loans to the company and write-off such loans for tax purposes to an amount of up to half their taxable income. Maximum utilisation of the tax incentives calls for careful consideration as to whether a mining or petroleum company should be financed by way of loan capital or share capital.

Jan 1, 1971

By Reimer TH

The model described in this paper has been developed for and in close collaboration with the Bong Mining Company Ltd, Liberia/West Africa. When working an irregular deposit a de- tailed short term production schedule becomes necessary in order to ensure an equal and homo- genous concentrator feed. If the irregularity of the ore body exceeds a certain degree, blen- ding facilities have to be provided between the mine and the concentrator, but even then sche- duling of the mine production is inevitable to meet the given requirements of the blending bed and to keep these conditions steady for at least some of the successive periods. To assist the planning department in set- ting up optimal production schedules a computer model has been developed using a linear pro- gramming approach. The deposit is divided into equally shaped blocks containing defined quali- ties and quantities of ore and/or waste; from which one has to select those quantities of ore which will meet the requirements of the blen- ding bed. The objective function of the model

Jan 1, 1977

By G Lind

Bridging of production stopes in narrow vein gold deposits contributes to significant financial losses and production delays. Bridging is caused when underbreak in the stope production blast occurs, resulting in less than the designed stope blast volume breaking out during blasting. Jundee Operations in the Northern Goldfields of Western Australia extracts ore from its expansive narrow vein orebodies utilising longhole open stoping. In 2006 it experienced bridging in ten panels, or 8.77 per cent of all panels, as well as multiple bridging in 30 per cent of these bridged panels. The Jundee orebodies are west dipping with the bridged panels dipping between 44¦ and 62¦. This paper examines some solutions from the drill and blast design perspective to minimise bridging occurrences. It was found that the then current drill patterns and number of holes were adequate from a longhole stope design perspective. However, changes to the blasting design, specifically modifications to the blast delay initiation sequencing, primer positioning and blasthole dump combined with timely stope surveying and back analysis, were implemented with the aim of preventing bridging in this narrow vein operation.

Jan 1, 2008

By S Blackburn, T Veasey

The physical and mechanical properties of rock can be measured by a variety of standard tests, and studies have shown that there should be a fundamental connection between breakage in comminution and rock æstrengthÆ. The current study aims to develop the ring-loaded strength test, used as an industry standard for the characterisation of brittle ceramics, for determination of comminution behaviour from exploration borehole core samples. The test procedure is simple, reproducible and can yield 250 separate measurements from a one metre length of drill core. The effects of material grain size and fabric on the degree of scatter of results have been investigated with respect to the ring-loaded strength test. This study has also compared the ring loaded strength to the chevron bend test used to determine the Mode I fracture toughness. A wide range of rock materials have been studied and with further work it is conceivable that an operational work index could be obtained directly from exploration drill cores tested via the ring-loaded disc test.

Jan 1, 2000

By I Kolomaznik

Each technological process can be reduced on the transport networks, and namely on the parametric networks and the non-parametric ones. The parametric networks are created by the piping, electrical cables or channels. The non-parametric network is created by the ways, suspended grooves, trackages and also by the belt conveyors or other conveyors for continuous material transport. If we reduce the technological process on transport networks, then, by the creation of these networks models and their mutual interconnection we obtain the model of the whole technological process. The model can be understood as the universal one, without exaggeration, because it is valid for any technological process. However, for us the mining production process is important what represents the mining and transport of raw materials under the support of the ensuring system. In this contribution one of the first attempt is described, and namely how to connect the parametric network which has been already worked out very properly with the non-parametric network what is presented in this contribution by the transport line of belt conveyors.

Jan 1, 2003

Brisbane based and listed on the ASX, Eastern Corp is pursuing the development of coal projects in New Zealand. There are various reasons why New Zealand coals are of interest û substantial resources, stable political/economic environment, close to Asian markets. In just over 12 months, Eastern has secured an operating coal mine (Cascade) and a prospective exploration area (Whareatea West), both on the Denniston plateau region, on the south islandÆs west coast. A key focus of activities is the development of relationships with key stakeholders and the promotion of the local economy.   Certain barriers may exist to the entrance by foreign companies into the New Zealand coal mining sector. These include geological challenges provided by the heavy faulting of the coals, port and rail infrastructure constraints, and the ægreenÆ factor.

Jan 1, 2005

By Wong PLM, Hsu YJ, Nguyen HH

The treatment of copper-gold ores has been plagued by several problems because of the interaction of copper minerals with the cyanide leach solution and the dissolved gold cyanide. Apart from the higher consumption of cyanide caused by the dissolution of various reactive copper minerals such as azurite, malachite, chalcocite, cuprite and bornite, native copper also causes the loss of gold due to its cementation reaction with the soluble gold cyanide. This interaction however is complicated by the strong dependence of various copper-cyanide species on the solution pH and free cyanide concentration.By understanding the effect of various operating conditions (pH and cyanide concentration), several treatment processes could be implemented to minimise the copper-gold interaction and to separate copper from mixed copper-gold cyanide solutions.

Jan 1, 1997

By Riel RG

Nickel and cobalt mineralisation at the Murrin Murrin deposits, in the North Eastern Goldfields region of Western Australia, occurs within laterites developed on Archaean serpentinised peridotite units. Lateritic weathering of the peridotite has produced a resource of 116.8 Mt at 1.10 per cent Ni and 0.082 per cent Co (resource at May 1996 with a 0.8 per cent Ni cut-off; see Fazakerley and Monti, this volume). The mineralogy of the Murrin Murrin laterites was investigated to identify the minerals hosting significant Ni mineralisation. Laterite profiles were studied using X-ray Diffraction (XRD), impregnated polished thin sections, and Energy Dispersive Spectroscopy (EDS) Electron Microprobe analysis, of RC percussion drill chips. This paper summarises the results of these studies, and briefly discusses the nature of the minerals hosting Ni mineralisation.

Jan 1, 1996

By M L. Habner, S D. Munro

In a gold CIP/CIL circuit, adding new circuit water to a final tails thickener and then directing the thickener overflow to the head of the circuit significantly reduces the cyanide concentration at the TSF discharge spigot. The new water is used to dilute the final tails. The dilution and recycle of the tails in this manner may have the added benefit of reducing reagent consumption, in some cases to the point where the reagent savings justify the expenditure and Cyanide Code compliance is achieved at no extra cost. Potential circuit configurations and water recycles can be modelled by splicing a flowsheeting and thermodynamics package, such that changes to the composition of the water can be reduced to chemical speciation with a Gibbs free energy minimisation enabling a complete understanding of the circuit water chemistry.

Jan 1, 2007

By J-P Franzidis

Hydrodynamic conditions such as gas dispersion, mixing intensity and solids suspension are known to govern the metallurgical performance of the flotation process. Understanding flotation cell hydrodynamics is therefore important for the optimisation of existing cells and for the design of the larger and more efficient cells which are needed to handle the finer, lower grade ores currently being mined. This paper presents the results of numerous studies that have been carried out to characterise the hydrodynamic conditions in a number of different types of flotation machines both in Australia and South Africa. Measurement techniques that have been developed to determine gas dispersion and other hydrodynamic properties in industrial flotation cells are described along with applications for their use. The results show distinct differences between the way flotation cells are operated in the two countries.

Jan 1, 2000

Of the energy resources present in Australia, coal and uranium are by far the largest. These two resources ap- pear sufficient to satisfy Australia's energy needs beyond the immediately foreseeable future and long after the natural petroleum resources are exhausted or have ceased to play a significant role. By that time, coal could be converted in plants of very large size to synthetic liquid and gaseous fuels which will be used as substitutes for pet- roleum fuels, particularly for transport. The basic role of uranium will be to supply electricity from nuclear power stations for heat and power requirements, thereby freeing non-coking coal largely for conversion purposes. The establishment of these enterprises will require a massive national effort and a high degree of co-ordination at the planning stage.

Jan 1, 1975

With some notable exceptions, marine placers located just below, or just above, present sea level, are responsible for much of today's production of detrital ilmenite, rutile, zircon, and other minerals of value. The purpose of this paper is to discuss the paleogeographic and paleo-oceanographic factors which may have determined the location of presently submerged marine placers. These factors-include changes in sea level, burial by recent marine sediments, stream capture and other i changes in drainage patterns, and recent changes in climate. Selected geologic situations in the Yellow Sea off the coast of Korea, in the Atlantic Ocean off the coast of Portugal, in the Bering Sea off the coast of Alaska, and in the Arabian Sea off the coast of India, will be used to illustrate the author's point of view.

Jan 1, 1980

By Dunlop G. A, Cantrell R. A

The metallurgical and engineering requirements that form the basis for planning column flotation Pilot Plant testwork are reviewed. Pilot plant operating issues are discussed and a basis for the testwork program formulated. The application of the testwork results to engineering design and scale-up is briefly reviewed.

Jan 1, 1992

By Matveeva TN, Lunin VD, Ivanov VA

The results of theoretical and technological investigations have been presented for the application of electrochemical technology in copper-nickel flotation processing schemes. The sorbed xanthate and dithiophosphate products on chalcopyrite and pyrrhotite have been studied in distinct polarisation conditions of mineral suspensions. Optimum electrochemical pulp treatment parameters have been worked out for copper, nickel, pyrrhotite and other flotation cycles. The method has been examined in pilot plant conditions over a long period of time, technological efficiency has been evaluated corresponding to the industrial flotation process at the Norilsk plant.

Jan 1, 1993

Major underground gold mine developments are not common in Australia especially when they are totally owned and hence financed by a relatively small public company. Ballarat Goldfields Limited with its Ballarat East Project is such a company. Financing a $20m underground exploratory access programme in a poor economic climate places added importance on the quality of the project. Critical factors such as ore reserves, environment, planning and the development program are of immense importance in devising and implementing a workable finance package that satisfies both the shareholder and the project's needs.

Jan 1, 1990

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

A considerable amount of psychological research has been conducted on human behaviour and its relationship to accidents. However, the research covers very wide fields and the findings drawn are so varied that at first sight they are confusing and there does not appear to be any major useful lead. I propose a discussion of a number of research findings to illustrate the variety and complexity of the human behaviour factors involved in considering safety. Such discuss- ion might point to some conclusions which could lead to an action programme to improve safety records.

Jan 1, 1975

Aspects of sampling are becoming more complex, involving a correct statistical approach to collection as well as geological and possibly pedological control. Advanced chemical techniques and techniques of rapid analysis need to be understood. Results may require statistical analysis. The elementary aspects of sampling still need constant attention by those controlling a programme of sampling. No one person will have sufficient knowledge of statistics, geology, pedology and chemistry to be fully conversant with all the aspects of sampling but, by developing a correct approach, problems can be identified and solved.

Jan 1, 1976

Mining in the twenty-first century brings with it a new range of challenges, some unfamiliar to our industry. Skilled staff recruitment and retention is a significant issue. Equipment supply lead times are changing the risk profile under which we operate. And the new landscape of this century demands accountability at all levels while also requiring that we deliver more to our shareholders and our host communities. This paper draws on experiences in Waihi, addresses some of the challenges facing the modern mining industry and suggests some modest mitigation strategies.

Jan 1, 2007

By F Solomon

This paper explores the recent escalation in public opinion for business to demonstrate the social value it generates through its activities. The concept of social capital is analysed, including the linkages between social and environmental values. Also discussed are the challenges inherent in devising a method for evaluating social value, determining appropriate performance indicators and then evaluating acceptability of outcomes. The linkage between accountability and added social value in the minerals industry is analysed. This includes an illustration of the models of accountability that are now emerging and the adding of social value.

Jan 1, 2000