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This paper provides an insight into the current status of risk management practices within our industry, based on an industry wide survey, with deliberate cross-reference to quantitative analysis. This survey showed that quantitative assessments appear to be mainly hampered only by the lack of reliable data and industry expertise to carry out such assessments. A short case study will illustrate some of the necessary basic tools and data types that would enable the industry to tap into an additional range of business improvement dimensions to more effectively manage the diverse and changing risk profile of the mining sector.

Jan 1, 2003

Taxes have an impact on mineral resource availability in several ways. There is the obvious effect on the grades needed for mineral deposits to become economic orebodies. There are also indirect effects which can have equally significant impacts. The paper examines the appropriateness of different types of taxes in the mining industry. The effects of discriminatory taxes such as price-based royalties are described. There is a discussion on the feasibility of introducing a single resources tax to replace completely the various forms of taxes presently applied to the industry. The subtle impacts of taxes are described in a section covering the way in which apprehension over future possible changes to both the level and diversity of taxes is reflected in industry confidence. It is concluded that taxation can significantly limit the economic availability of mineral resources.

Jan 1, 1978

Independent assessments of existing and projected mining operations are often required in the exchange of assets and for raising capital, requirements which are particularly prevalent where there are new mining fields, a characteristic of the Pacific Rim area. Such audits and appraisals typically consist of a geological evaluation of the ore deposits; estimates of mineral inventories and mineable reserves; assessment of mine plans and costs; assessment of ore processing methods, recoveries, and costs; assessment of infrastructure and G&A (general and administrative) requirements and costs; assessment of environmental, permitting and reclamation requirements and costs; and, finally, economic evaluation based on various discount rates and metal prices. Audits provide a challenging task for consulting engineering companies, but one well worth the effort for mine developers and those connected with financing of the mining industry.

Jan 1, 1990

By A Nixon

The Australian mining industry has changed dramatically over the past 20 years in terms of mining methods, mining equipment and human resource policies. The industryÆs approach to safety and health in terms of attitudes, style of legislation, and risk management techniques has also changed significantly. These changes have had and continue to have major impacts on the design of underground mine ventilation systems. In some areas, trends are clearly emerging. In other areas, mine ventilation planning remains very æreactiveÆ and is performing poorly in terms of providing a safe and healthy work environment at a reasonable cost. New concepts involving the role of ramps and shafts, the provision of refrigerated air, æventilation on demandÆ and newe gress and entrapment approaches are likely to be incorporated into mine planning and operating practices over the next ten years. This paper discusses these and other trends and identifies some likely future developments in the area of hardrock mine ventilation.

Jan 1, 2005

By Randall C

Energy studies have been undertaken at a number of open coal mines in the Hunter valley. A range of energy efficiency benchmarks and targets have been established, which, when applied across coal mines, will assist in leading to a significant improvement in energy efficiency in the coal mining industry in NSW, thereby leading to an improvement in environmental performance. Typically, energy efficiency improvements of 20 per cent and higher appear possible at many mines leading to a commensurate reduction in this controllable operating cost, ie energy. On the basis that annual energy costs and net profit are similar for many mines, a reduction in energy costs by 20 per cent will lead to increase of 20 per cent in net profit.

Jan 1, 1995

The purpose of this paper is to outline the current status of financing in the Australian Gold Mining industry and to discuss a number of developments that have occurred during 1983/84.Recognising the importance of equity financing various equity issues, including project valuation, will be discussed against the backdrop of an industry experiencing both rapid growth and a changing structure.Nothwithstanding the current tax exempt status of the industry there is a trend towards more debt financing. A number of financing issues will be covered and it will be shown howvalue can be created through astute financing planning.

Jan 1, 1984

Future metal prices play a direct role in both the economic evaluation and short to medium planning of a mine scheduling sequence. It is difficult to predict with accuracy the future price of volatile metal commodities, however, it is possible to fix some future metal price, outside of long term contracts by the selling of futures contracts through a commodities exchange. The futures contract represents a fixed amount of a speci- fied quality of a commodity for future delivery at a predetermined price. Several different types of hedginc are possible, one in particular which is best suited for mining companies. There are relative advantages and disadvantages when trading in futures contracts and particular reference is made to gold contracts on the Sydney Futures Exchange.

Jan 1, 1980

By Ritchie I, Fleay J

The key issues in the conceptualisation and testing of treatment options for gold and base metals mineral processing projects are discussed. A prerequisite of this process is the need for close interaction between geologists, mining engineers and metallurgists to facilitate an understanding of the orebody based on the parameters impacting on each discipline. Typical testwork programs for unit operations, including comminution, flotation and gold processing are Described.

Jan 1, 1997

The paper reviews winder rope inspection procedures at the Non Destructive Testing (NDT) Unit of Western Australian School of Mines (WASM) and outlines measures taken to adopt the world's best practice. The measures include acquisition of a new type of rope tester, adoption of comprehensive rope rejection criteria, adoption of a standard rope inspection procedure and formal training of the wire rope inspectors.

Jan 1, 1995

By B Sulistianto, D Carrugan a, R K. Wattimena

Geological structure at PT Karimun Granite Quarry, in Karimun Island û Indonesia, has three primary joint sets that cross between them. These primary joint sets are the principal factor influencing the geotechnical safety of this quarry. In order to get stable geometry of the quarry in terms of height, width, and slope for single and overall bench, we need an appropriate stability analysis method to prevent failure and maintain stability. The Universal Distinct Element Code (UDEC) is used for this rock mass system. The geometries resulting from this analysis have been implemented and have given a stable quarry until now.

Jan 1, 2003

The attachment of a spherical particle to a bubble is theoretically investigated under the condition of a mixed sorption coating of a collector. It is shown that the attachment is determined primarily by the hydrodynamic factor involving the displacement of liquid from the gap between a bubble and a particle. The dependence of the attachment on the state of the surface of particle (sorption coating) is due to a change in the boundary conditions on the interface with water both in the case of surfactant chemical sorption and in that of the physical adsorption of oil. It is demonstrated that at large distances the thinning of a interlayer is facilitated by a physically sorbed collector, while near the bubble this is done by a chemically sorbed one.

Jan 1, 1993

An extensive study was carried out to evaluate the performance of Outokumpu OK50, OK38 and Maxwell MX14 cells at ComincoÆs Red Dog flotation concentrator in Alaska. Tests were conducted by varying operating conditions of the cells installed in different circuits in the plant. The hydrodynamic and gas dispersion properties were measured and the metallurgical performance of the cells was evaluated for each condition used in the tests. This paper highlights the importance of superficial gas velocity, bubble surface area flux, gas hold-up, power consumption, residence time distribution and froth flow behaviour in optimising cell performance. The findings of these tests provide valuable insights into selection of the best cell operating conditions to optimise circuit performance.

Jan 1, 2000

The Taupo Volcanic Zone (TVZ) is the largest active volcanic belt in New Zealand. It is

Jan 1, 1987

Kensington is a joint venture between Echo Bay Mines and Coeur Alaska, a subsidiary of Coeur d'Alene Mines Corp. The venture is of equalparticipa- tion and is governed by a management committee with Echo Bay as the operator. The project site is 50 miles north of Juneau, Alaska on the eastern shore of the Lynn Canal. The mine and mill are being planned for a production rate of 4,000 stpd. Currently, probable reserves stand at just over 11.3 million tons grading 0.149 oz Au/ton. The project is now in final feasibility study with a production decision anticipated by the end of 1990. Commercial production would begin early in 1993. This presentation dis- cusses the anticipated mine, mill and support aspects of the project.

Jan 1, 1991

It was once considered sufficient to revegetate old mine sites using grass or trees. At the commencement of the Stawell JV (SJV) operation in 1981, management determined that pre-existing vegetation would be replaced. This policy was somewhat 'ahead of its time'. The cost of rehabilitation at SJV averages $8000 per hectare. Rehabilitation of this calibre requires a practical understanding of local ecosystems.

Jan 1, 1992

For various reasons, the maintenance of shaft structures is becoming an increasingly important factor in the operation of underground mines. Deterioration mechanisms related to operation of the shaft are identified as corrosion, mechanical damage, fatigue damage and wear. Deterioration mechanisms related to rock movements are identified as vertical strain, ride vertical closure and squeezing. Analytical procedures for assessing this deterioration are discussed, and it is shown how acceptance criteria are developed and implemented. In order to track the deterioration of shaft structures, shaft inspections are undertaken, but the information is often not well documented. Formalised procedures for capturing and recording information, and then processing the information are presented. Finally, two case studies are briefly described to illustrate how these procedures have been implemented in practice, and what benefit has accrued to the mines concerned.

Jan 1, 2005

Analysis of the 2001 Australian census data set can be used to gain a detailed insight into the trends and levels of employment in different industry sectors. There is a common perception that employment of geoscientists within the mining industry and indeed across all industries has decreased significantly. However, the data shows that the number of individuals stating that they are geoscientists employed across all industries has decreased by only five per cent from 5336 in 1996 to 5067 in 2001. Within the mining industry (Australia and New Zealand Standard Industrial ClassificationÆs û ANZICÆs mining class), the number of geoscientists employed has decreased by ten per cent from 2701 in 1996 to 2441 in 2001. These figures, while showing a decrease, do not reflect the magnitude of the decrease commonly perceived. However, further analysis shows the number of geoscientists employed in mineral exploration may have decreased significantly more.

Jan 1, 2003

BHP World Minerals (BHP) commenced development of the Cannington exploration decline in 1993 using Peabody Resources LimitedÆs Mining Services Division (PRL) as the contractor. Approval was given in 1996 to complete the mine development and bring the mine into production in 1997. The total mine development at Cannington by PRL has included 14 km of headings, 1040 m of shaft sinking for ventilation and ore hoisting and 990 m of raise boring for ore passes and vent rises. Hard money schedule of rates contracts were used for mine development from 1993 until early-1997. This took the mine development down to 570 m below the surface and developed six levels. Because of significant risks, the final phase of the mine development was completed in 1997 under a partnering agreement. This paper examines the factors considered in making the change to partnering, the issues involved in negotiating the partnering agreement to complete the Cannington mine development and the outcomes of the agreement.

Jan 1, 1998

As Project Managers for the Blair Athol Coal Mine Project, CMPS selected a number of computer systems to assist in project control. The areas where computers were used were: 1) Planning & Scheduling 2) Procurement Reporting 3) Document Control 4) Accounting 5) Cost Control 6) Control of project management and engineering manhours The computer packages selected were generally effective in their own areas. During 1982, CMPS acquired an in-house project control package called GC/Cue. Project control systems for the project are progressively being set up on this system. The advantages of this type of system are: 1) Improved accessibility of information, due to on-line operation and the use of VDU's. 2) Improved turn around time for computer runs and production of reports. 3) Improved presentation and format of reports. 4) Lower costs.

Jan 1, 1983

The mineralogy of the crocidolite (blue asbestos) veins at Wittenoom Gorge was examined to determine the cause of failure to recover soma of the fibre by the ore-dressing methods currently being practised. As a, result of this yamina.tion, several fo.Ctors pertinent to the problem were found to be a function of the pa.ragenosis of the veins. The occurrenceof magnetite from tho'cap rock within the veins was thought to be preventing fiborisation during troo.tment. Several petrologic features are described and their relation to the ore genesis is discussed, Comparison with the crocidolite deposits of the Union of South Africa is also considered.

Jan 1, 1963