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By M Delaney

Alliancing is a contractual relationship in which organisations with an interest in a project are brought together in an atmosphere of co-operation to produce superior results to benefit all of the participants. Fundamental to the concept is the management of the risks associated with the project. The traditional risk management strategy adopted by clients has been to transfer this risk to others in the belief that this will result in the lowest overall project cost. It is assumed that competition in the market place will allow these risks to be transferred without paying a premium. However, this approach often results in the development of an adversarial climate, a high level of litigation, time and cost overruns and an overall poor project outcome. Under an alliancing arrangement the parties (client, designer and contractor) are aligned through shared interests in the projectÆs success by linking profitability to performance. Under such an arrangement, an atmosphere is created whereby the participants are motivated to focus on cost-savings, pursue best value and to innovate. Successful alliancing can result in highly motivated project teams and realisation of extraordinary productivity and cost-savings flowing from increased efficiencies. The situations in which alliancing can be successful are discussed with particular reference to the Wandoo Alliance which successfully completed the $375 million Wandoo B offshore oil platform in record time and with considerable savings to the project budget.

Jan 1, 2000

The basic principles of mineral valuation were recognised and propounded at the beginning of this century and have remained virtually unchanged since then. Valuation is seen as a two part process commencing with a technical examination of the mineral property followed by a manipulation of the results of the technical examination in order to determine the monetary value of the project. A thorough and competent technical examination was seen then and remains now as the essential but not sufficient foundation for reliable valuation. All authors stressed the need to maintain the integrity of the data base and to ensure adequate coverage of all relevant aspects. The monetary valuation process through most of the first half of this century was mainly based on the Hoskold two rate method, derived from the formulae for valuing annuities but modified to provide explicitly for recovery of capital. Though the basic principles of valuation have not changed significantly, the means of implementing the components of the technical examination, the styles of deposits being evaluated and the mechanisms of monetary valuation have changed dramatically. Despite all the technological improvements, however, mineral valuations are still as apt to vary from realised performance as at any time in the past. As well, mineral property valuations are now being extended to cover all assets of potential value, including valuation of exploration tenements with or without identified resources. Valuation of exploration tenements will continue to be one of the most difficult and contentious of valuation tasks.

Jan 1, 1994

By R M. Papini, A C. Araujo, A E. C Per

Flotation is an important process used in the concentration of iron ores. One of the challenges for process engineers is the low metallurgical recovery associated mainly with the fines fraction. In this work, the use of synthetic flocculants in iron ore reverse cationic flotation was investigated. The flocculants utilised were polyacrylamides of high molecular weight and different ionic degrees. Bench scale flotation tests were performed to compare the flotation performance with and without addition of polyacrylamides. It was observed that cationic and non-ionic polyacrylamides cause a significant increase in the metallurgical recovery. The anionic flocculant did not improve the flotation performance. An adverse effect was a slight increase in the silica content of the concentrate. Flotation with polyacrylamides was influenced by the hydrodynamic conditions of the pulp, such as agitation and the weight percentage of solids in the flocculant conditioning and flotation stages.

Jan 1, 2005

Taxation is a major factor in evaluating mining project developments. The availability or otherwise of effective tax relief for project expenditures can have a crucial bearing on the decision to proceed with a project. The special position of the mining industry is recognised within the Income Tax Assessment Act (the "Tax Act") by special legislation, namely Divisions 10, 1OAAA and 10AA. The legislation both extends the scope of items which are eligible for deduction and affects the timing of deductions. Generally, the legislation separates expenditure into 3 categories: 1. Expenditure on exploration 2. Capital expenditure on the development and the running of the mine; and 3. Facilities used in the transport of minerals. Companies evaluating a project should carefully analyse their proposed expenditures, allocating them between these categories so as to identify potentially non-deductible expenditures and to determine the period over which tax relief will be Obtained.

Jan 1, 1983

Extensive geophysical exploration and drilling operations have been: conducted in, South Central Queensland by Phillips Petroleum Company and Sunray DX Oil Company since late 1959. The main outlines of subsurface geology are now known, but many problems must be solved before a comprehen sine. picture can be presented of the geology and petroleum prospects e Interpretations to date suggest that -fiddle Paleozoic sedimentary rocks, probably, related to the Tasman belt of geosynclines, once extended. over. most. of the area An oro;eny 2.n late Paleozoic time, succeeded by deep pre-Pexmian erosion, removed the older sediments over large. areas, but Paleozoic sediments, were preserved from erosion in the Adavale and ancillary structur-a.l basins. Marine sediments of Devonian age are con-sidered prospective source beds for petroleum. Current work is directed toward finding favorable structure and reservoir beds to test the oil prospects of the area.

Jan 1, 1962

By D Liang, L Zhang, X He

The sulfurisation-flotation process was unsuccessful when initially applied to the oxidised Pb-Zn ore in Lanping County of Yunnan Province China. A comprehensive mineralogical study indicates that the problem is caused by the soluble salt gypsum in the Lanping oxidised ore, which produces a large amount of Ca2+ cations. The Ca2+ cations react with S2- anions (from sodium sulfide) in preference to Zn2+ and Pb2+ forming calcium sulfide, and make it difficult to form zinc and lead sulfides on the surfaces of the respective oxidised Zn and Pb minerals. In addition, the calcium sulfide formation consumes a large quantity of the available sodium sulfide, further inhibiting the sulfurisation process. The efficiency of the sulfurisation of oxidised Zn and Pb minerals has been improved greatly by the pretreatment removal of gypsum, with the added benefit of the required dosage of sodium sulfide being substantially reduced.

Jan 1, 2008

The Closure Risk model was developed as a new tool to aid decision makers in the complex area of mine closure. It uses a simple analytical technique that allows the decision maker to simplify what is often a complex mine closure process into more easily managed sub components. This systematic approach ensures that critical factors in the closure process are not overlooked. It also allows the most important issues to be highlighted. The model can also be used to produce quantitative estimates of risk by weighting and prioritising the issues to produce the Closure Risk Factor (CRF). Field trials at several mine sites in the Northern Territory of Australia in 2001 tested the model. The trials confirmed that the model has significant potential as a tool for decision-makers to assess in a structured, systematic manner, the major closure risks at individual mine sites. The risks include not only environmental impacts but safety and health, community, legal, financial, technical and other issues. The trials confirmed the value of a team-based approach and the inputs of key staff including environmental, production, mine planning, and community liaison personnel as well as mine management. Although the usefulness of the qualitative component of the model was established, it was found that, due to the influence of subjectivity, the utility of the prototype model to determine quantitative risk was of limited value. Using a continuous improvement approach, improvements to the model were sought. A refined model, incorporating the Australian Standard 4360 definition of risk and facilitated in-house risk assessment sessions was developed and tested against the data obtained in the field trial. This model, while maintaining the qualitative strengths of the original, allows more accurate absolute and relative quantitative scores to be calculated. This in turn facilitates comparisons between the issues at a single site as well as between different mines.

Jan 1, 2003

It is extraordinary that while Australia depends heavily on mineral wealth for its economic well-being, most Australians have no appreciation of the traditions and principles which drive and govern the mineral industry. Their understanding has been largely provided by those who campaign against the industry in one way or another and is therefore quite unrepresentative.

Jan 1, 1993

After a very brief historical survey and overall assessment of traffic requirements, the invitation by the British and French Governments for private groups to make proposals for a "fixed link" is described, and the resulting plethora of proposals is reviewed. The three schemes which gave some promise of being adequately backed by private finance are described as follows:

Jan 1, 1987

Three main divisions of the. Proterozoic are recognised in the North- West of Western Australia. These are referred to, in order of decreasing age as the Mt. Bruce Supergroup, the Bresnahan Group and the Bangemall Group. The stratigraphy and distribution of each is described, their relative ages discussed and a brief geological history of the whole area is Presented.

Jan 1, 1964

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

Jan 1, 1977

By Cole NH

Substantial savings in terms of project time, cost, and financial viability can result through the expert involvement of independent financial advisors in the early stages of any mining project's preparation. This role is not confined to project financing, financial modelling, valuations and corporate finance advice, but may in the early stages be much more strategic in nature, covering a wide group of subject areas. A number of separate examples and case studies are outlined, which show the manner in which financial advisors can be effectively used. The benefits arising from involving an additional professional team with the project group must be offset against the separate and additional cost factors involved.

Jan 1, 1986

The use of econometric models to assess the effects of a Government's policy on an industry is gaining momentum. This is particularly so for the Mineral Industry and it is important that mineral industry management understands the techniques involved in developing econometric models. Models are usually constructed outside the industry by either government departments or their consultants and used by the policy makers to investigate artificially the implementation and ramifications of new policies. This paper discusses the application of econometric models in Governmental policy determination, highlights the use of various models in Australia and gives an overview of the techniques involved using Australian examples.

Jan 1, 1982

By D Jones

The development, piloting and engineering design of an innovative water treatment system for process water produced by a uranium mine mill are described. The process incorporates lime/carbonate softening (Stage 1), reverse osmosis (Stage 2) and biopolishing (Stage 3) to produce water of quality suitable for release to the receiving environment. Comprehensive performance data are presented for each stage. The unique features of the proposed process are: recycle of the lime/CO2 softening sludge to the uranium mill as a neutralant; potential use of power station off-gas for carbonation; and the potential recovery and recycle of ammonia from the RO reject stream.

Jan 1, 2003

The proponents of new mining projects always run the risk that their project is deemed to be not in the public interest. Nothing to be done here except to try and pick it earlyùit is, after all, the approvals process that is supposed to screen such projects out. But there is a second risk, about which much can be done: that inadequate or untimely information confuses the formal assessment of a project and the political context within which the decision is ultimately made. This is environmental impact assessment (EIA) process risk and it has become steadily greater in a changing world, where: miners have lost clout; public trust in institutions has declined; governments follow, as authority pyramids give way to spheres of influence; NGOs are asking the questions people want answered; and stakeholders have become the reference point. This new world deals harshly with yesterdayÆs methods. But it needs to be understood if principles and methods for managing EIA Process Risk are to be advanced.

Jan 1, 2003

It is self evident that in many cases mining disrupts communities, however, community reaction to mining varies enormously. This is due to a whole host of factors, some physical, some financial, some political and some a direct result of the projected mining company attitude towards the community at large. Physical and political factors are increasingly being dealt with realistically and financial aspects are to a significant extent determined by profit margins. If the acceptable profit margin canÆt accommodate all necessary costs (which now includes a variety of community considerations unheard of even a decade ago), then the project is just not viable. Despite major commitments now made by many mining companies to their affected communities, corporate attitudes, and their projection, remain as the most outstanding factor in mining project development where real gains can still be made in effectively reducing social risk. This paper addresses both international and domestic experience gained in managing this aspect of mining development risk, including initiatives implemented by multilateral institutions.

Jan 1, 2003

By Y Zhang

Being analysed systematically, the factors influencing the production of fully-mechanised coal face have been divided into geological, mining technical, and management groups. Artificial neural network-expert systems (ANN-ES) are established to decide the influencing factorsÆ membership grade; genetic algorithm-artificial neural network (GA-ANN) are used to decide the weights; fuzzy comprehensive evaluation method is used to calculate the integration indexes. Finally, the GA-ANN model is established to forecast the production of fullymechanised coal face. It is proved that the model is reliable with higher precision. The production of fully-mechanised coal face is influenced by many factors. However, some influencing factors are neglected by the traditional forecasting methods, the results of which are not precise and hardly be used as a guide for mine production and management. The relation between the production of fully-mechanised coal face and its effecting factors is analysed, and the meta-synthetic AI approaches are used to forecast the production of fully-mechanised coal face.

Jan 1, 2003

By Shinnosuke U, Zhang HE

In this paper, it is shown that the higher the pre-activation concentration of copper ions in pulp, the larger the adsorption amounts of copper ions and xanthate on arsenopyrite surface, and the better the arsenopyrite flotability in strong alkaline medium. On arsenopyrite pre-activated with cupric ions, the xanthate adsorption density in strong alkaline medium is approximately equivalent to that of cupric ions. It is therefore concluded that an amount of copper ions adsorb on arsenopyrite surface first, and then an amount of xanthate can (and only can) adsorb dependently on the surface active sites produced by these adsorbed copper ions on the mineral, so that arsenopyrite is kept rather flotable and is hardly separated from pyrite even in very strong alkaline medium. Selectively wiping out the surface copper active sites on arsenopyrite is the key point of successful separation of pyrite from arsenopyrite. According to this theory, a new 'SZLI' (know-how) method was recommended to satisfactorily deal with the difficult separation.

Jan 1, 1993

By M M. Tarshan

Separator performance is evaluated by the so-called separation efficiency. The concept of efficiency in mineral dressing operations must be interpreted with considerable care. Although qualitative use of term efficiency is valid and useful, difficulties arise in expressing it quantitatively because two conflicting criteria, grade and recovery are normally involved in its evaluation. It is undesirable to express efficiency as a single value, even though this is frequently done in practice, since there are strictly speaking an infinite number of combinations of grade and recovery that can give that one value. Inefficiencies in processes can be attributed to three broad sources: mineral limitations as represented by the separability curves, equipment limitations (which prevent the maximum separation indicated by the separability curves), and human failure to minimise these inefficiencies. In the present paper, the efficiency of a two-constituent separation process has been examined. The separation process has been evaluated by comparing the sharpness factor of the actual, the absolutely efficient and the absolutely inefficient operations.

Jan 1, 2000

Investment decisions in the Australian mining industry are often made without awareness of the impact of risk on project outcomes. A fundamental change in thinking is required to move away from the traditional attitude of æcushioning the blowÆ towards a measured approach to project risk. Such an approach involves quantifying and understanding project uncertainty so that investments may be shielded from downside risk while at the same time exposed to upside potential. Communication and collaboration between study teams and corporate financial managers must be improved before the industry can improve its project investment record. Monte-Carlo simulation provides a way to quantify and understand investment risk, but its accuracy depends on how well the variability of input parameters is estimated. Research in this area is currently centred on quantifying uncertainty in mineral resource estimation using new conditional simulation techniques, but a less-rigorous method can be applied in practice to begin the education process and develop the required awareness at board level.

Jan 1, 2003