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By J Watson

Electronic detonator technology has been under development for the last two decades. Currently, there are a number of systems commercially available with several others still under development, each with its own unique features. This technology can offer a significant advantage to the drill and blast engineer through their ability to initiate an explosive charge at the æplannedÆ time. This new technology has created huge interest within the drill and blast community and also raised their expectations to produce better blasting outcomes. In many cases, specifications (or even expectations) of desired blast results are not properly defined. Interaction between the input variables (rock mass characteristics and blast design) and results (fragmentation, throw, damage, ground vibrations, etc) and their mechanisms, or relationship to one another, are not very well defined or understood. That is why rock blasting is still considered by many as an art rather than science. With one of the few remaining variables (cap scatter) now controllable, todayÆs blaster finally has the ability to apply science to his trade. Even though electronic detonators are available and becoming more commonly used, current field practices are not always conducive to extracting or deriving the maximum benefit from this new technology. In the authorÆs opinion, the following need to be understood to derive and sustain the maximum value: clear definition or specification(s) of desired outcomes from a given blast; impact of different features in an electronic detonator system (precision, accuracy, flexibility, reliability, etc) and their impact on the desired blasting outcomes; interaction of blast design variables (energy, energy distribution, timing, blast geometry) and their impact on desired outcomes; impact of rock mass variability and quality of blast implementation on the desired blasting outcomes; and critical need to utlilise appropriate tools and systems in order to measure and quantify benefits.In the authorÆs opinion a scientific implementation process is the key to derive the benefits. This paper analyses the industryÆs preparedness to derive the benefits from this technology and proposes a scientific methodology to understand, evaluate and sustain the value from this technology.

Jan 1, 2004

Wetherstones gold deposit is located just east of the township of Lawrence, in the Otago District of the South Island, New Zealand. The paper will describe aspects of the mining and exploration history of the Wetherstones gold field, current knowledge of the geology of the deposit, and speculate on possible outcomes of exploration in the modern era.   As at the famed Gabriels Gully situated nearby, most of the Wetherstones gold is/was contained in, or recycled into modern drainages from, the Blue Spur Conglomerate (æBSCÆ). The BSC is the basal member of a wedge of auriferous non-marine sediments of latest Cretaceous age which are tilted against the Tuapeka Fault Zone, a structure of regional dimensions. In particular mineralisation of elevated grade (which cannot yet be reliably estimated) appears to be concentrated in an elongate basement depression (ægutterÆ) of width around 100 m, variable thickness to a few metres, and axial length in excess of 500 m. The gutter plunges from the base of alluvial mining (where it has been partly exploited by underground methods) to depths of more than 100 m, beyond which it remains open and untested.   The prospects for a revival of mining at Wetherstones depend upon confirmation of what is here inferred to exist, and the discovery of additional gold. The economic prospects of the project however are enhanced by what is known or indicated of the geographic location, and anticipated geologic, mining and metallurgical characteristics of the mineralisation, and consequent anticipated environmental management issues.   The recognition of gold contained in pyrite in the BSC represents an upside to project economics which has never previously been evaluated. The Wetherstones Basin covers more than five square kilometres in areal extent. There is no modern exploration record of the majority of this area, leaving open the prospect of the discovery of additional gutters, and primary mineralisation in the underlying schist.   Australasia Gold Ltd has embarked on a program to reassess the potential resources of the Wetherstones gold mineralisation, and to evaluate the feasibility of mining.

Jan 1, 2004

Boliden's Aitik open pit mine located in northern Sweden, will expand yearly production from 18 to 36 Mt of copper ore during 2010. The expansion includes a new concentrator located 3 km off the pit, two new apron feeder crushers connected to the ore storages and concentrator with conveyors at a total length of 7 km. The concentrator has two lines with autogenous grinding mills and flotation each with a capacity of 18 Mt. Consequently the mine operation has to be expanded. To achieve this, there was several parallel processes ongoing; investments in new equipment, reorganisations, improvement projects in maintenance and productivity. The Aitik 72 project was started to coordinate productivity and mine planning activities. Initially the long-term strategic mine plan called for a total movement of ore and waste to increase from 40 to 72 Mt but has today increased to 89 Mt. Productivity projects have been focused on load and haul activities such as fuel economics (Renstr÷m, 2007), effective utilisation of trucks partly by increasing manning levels, improved dispatch and shovel utilisation focusing on optimal use of loader/truck fleets. The eco-driving projects previously reported have reduced fuel consumption significantly. This project is also a productivity project, as part of the fuel savings comes from minimising idle engine hours due to queues, break-downs, operator shift changes, etc but also from under and overloading. Effective use of truck fleets, ie transport of material, loading and dumping, thus excluding non-productive engine hours has been an essential motivator when deciding the size and number of new trucks required. This has resulted in a reduction of the investment with at least one but maybe two trucks. A third major project was to optimise shovels together with truck fleet by improving short-term, up to two weeks, detailed planning of drilling and shovel activities. Daily scheduled breaks for maintenance as well as planning of shovel utilisation, down to shift level are included in the production plans. KPIs and online production reports, based on real-time monitoring of drill rigs, shovels and trucks, have been an essential tool used regularly to engage and motivate mine production personal and information reporting to management. Several projects have already reached their goals. The projects will continue throughout 2010 to ensure that productivity targets are met.

May 1, 2010

By H Rouhullahi, E B. Veshki an, R Kottnauer

The Galandrud coalfield is located approximately 20 km south from the coast of the Caspian Sea, Ruyan town, on the north slopes of the Alborz mountain range, in the elevation between 500 m (the Galand River valley) and 1350 m. For the time being, 32 coal seams (generally of small thickness û 0.8 m on average) have been recognised within the. On the other hand 72 coal banks of balanced properties have been included in reserve calculation, which means that some of the seams consist of several banks. The general dip of strata belonging to the south limb is about 30¦ to the South (with drags close to the south overthrust, where the dip reaches 85¦), while the dip of beds at the north limb is rather steep and usually between 45 to 75¦ to the North. The coal quality is in a rank of high volatile bituminous coal. The steep dip, unstable lithological development, complicated tectonics and comparatively lower coal seam thickness are the characteristic features of the Galandrud deposit. Environmental protection of this area makes exploration and exploitation more complicated. During mine exploration several adits were driven at three levels with 50 m vertical distances. About 4000 m of gates and crosscuts were up to now driven. During mining test the down-cut mining method (with one cut), the strike cut mining method and the down-cut mining method with two cuts were tested. The paper describes outlines for the selection of mining methods on the base of classification of the effective hangingwalls and footwalls, hazards of mining operations, and possibilities of the mechanised mining.

Jan 1, 2003

By D L. Decker, G C. Miller, C Papelis

Arsenic, often associated with precious metals ore deposits, is a major contaminant released during large-scale gold mining. Because of the complex oxidation/reduction and sorption behaviour of As, prediction of the long-term mobility of As in pit lakes is uncertain. The behaviour of As in pit lakes is investigated in this paper by conducting a series of laboratory experiments where As is allowed to adsorb onto pit lakes sediments. Experiments were conducted over a range of pH with both As(III) and As(V) allowed to adsorb onto sediments collected from existing pit lakes found in the three main orebody types in Nevada, USA; porphyry copper, quartz-adularia gold, and Carlin Trend type gold deposits. Results from adsorption experiments show that As(V) and As(III) adsorption is strongly pH dependent with higher uptake at pH 5 and lower uptake at pH 9 for As(V) and higher uptake at pH 9 and lower uptake at pH 5 for As(III). This behaviour, as expected for oxyanions, has been described previously for agricultural soils, iron oxides, and Carlin Trend heap materials. Maximum adsorption of As(V) for the Carlin Trend type gold sediment was 3.0 g/kg at pH 5, 2.0 g/kg for the quartz-adularia sediment, and 0.9 g/kg for the copper porphyry sediment. Maximum adsorption of As(III) for Carlin Trend type gold sediment was 2.5 g/kg at pH 9, 2.2 g/kg for the quartz-adularia sediment, and 2.1 for the copper porphyry sediment. Adsorption isotherms are non-linear and show Freundlich isotherm behaviour. Variations in sorption between the different pit lake sediments under similar conditions can be explained by differences in the elemental composition of the sediment. Most rock forming elements from XRF analysis are similar in quantity except for Fe. The Fe content is highest in the Carlin Trend type gold deposit sediments and lowest in porphyry copper deposit sediments and is the third most abundant element in all three sediments. The Fe content of the sediments correlates well with the amount of As sorption seen in the laboratory experiments.

Jan 1, 2003

JUDGING from the attitude of past and present Parliaments in Australia, it is a' reasonable assumption that encouragement of the principal industries has been adopted as a main principle in the government of the country, but while in most cases bonuses, subsidies, and other means have been proved successful and become recognized as established methods in the case of mining, which is undoubtedly one of the most important industries, the question is complicated by difference of conditions and variable quantities, and it can scarcely be said that any system has been proved generally successful. Indeed, it would not be a very extravagant statement to assert that problems connected with affording direct monetary assistance in aid of mining development, and at the same time devising a system adaptable to the varying conditions to be met, are, in every State of the Oommonwealth, matters continually exercising the minds of those concerned in providing and ailocating such assistance ie Parliament on the one hand, and the Department of Mines on the other.True, there are methods in vogue of granting State assistance to the mining industry which have undoubtedly been successful, but it is in most cases questionable whether the beneficial results following successful expenditure in one direction have compensated.

Jan 1, 1911

By R R. Lovel

In this paper, life cycle assessment methodology has been used to assess the variations in water use associated with different metal production and processing routes and provide insights into the value derived from water usage in the minerals sector. Using water consumption data derived from the literature it has been shown that the æcradle-to-gateÆ water consumption (or embodied water) for production of the various metals considered in the study ranged from 2.9 m3/t for steel up to 252 087 m3/t for gold. The results largely reflect the grade of the initial ore used to produce each metal, and can be approximated by the following equation:W = 167.7 G - 0.9039 where: W = embodied water (m3/t refined metal) G = grade of ore used to produce metal (per cent metal) The study showed that indirect water consumption in the metal production life cycle, in particular that due to electricity generation, can make a significant contribution to the embodied water value, eg aluminium production. When expressed in terms of m3/t ore, the results for all metals considered indicated that the embodied water is roughly, on average, three times the water consumption of the mining and concentration stage. It was also shown that the economic value per m3 of water consumed for the minerals industry exceeds that for the agricultural and industrial sectors, supporting the view that allocating water resources to the minerals industry has a strong underlying economic basis. Water reforms currently taking place in Australia aim to address issues such as competition for water access, reduced security of supply and increase in cost. Consequently the minerals industry, along with others, can be expected to come under increasing pressure to reduce fresh or raw water use and to integrate water use across sectors. While water recycling is an obvious candidate to help reduce water consumption in the minerals industry, issues such as water quality, among others, will influence the extent to which this can be achieved. In addition, wastewater volumes can be minimised using techniques such as pinch analysis to establish and use the minimum water requirement for the process. The use of dry or near-dry processing technologies, for which the demand for water is small or zero, may be a more radical solution to the water consumption problem; however, it is possible that the introduction of dry processing would bring with it a new set of problems, including dust.

Jan 1, 2006

As near-surface underground mines progress deeper, the inevitable question is whether to convert from truck haulage to shaft hoisting. The desire to defer capital expenditure frequently delays investigation of the shaft option, or deferral of a decision to start shaft sinking, unless the shaft option is clearly significantly better than trucking. By the time increasing depth makes trucking uneconomic, there may then be insufficient resource remaining to justify a shaft, and the mine must close. However, had the shaft been built earlier, its lower operating costs would have permitted the mine to continue to greater depths. This paper presents a methodology for investigating the shaft versus trucks decision. As well as the typical analysis of which option is preferable at the time the analysis is conducted, the process presented illustrates how the timing of the decision to sink a shaft is critical. The paper shows how to identify the latest date at which the decision to sink a shaft can be made, after which time the shaft option will not be economic. It also illustrates how to assess the resource that may be required to justify the shaft. Considering this in conjunction with the latest decision date, implications for the companyÆs exploration program are discussed.

Jan 1, 2005

Fleet management systems have been adopted by many open pit mines throughout the world and the resulting improvement in truck cycle times has been one of the most significant contributors to mine efficiency. Ongoing enhancements to fleet management systems such as interfaces for vital signs monitoring have given incremental efficiency gains. Each incremental improvement is another step towards a grand vision of a totally automated mine. A relatively new fleet management system is being integrated with two other technologies to provide a highly reliable platform for a networked information system which monitors mine machinery and production. The paper reviews the integration project, the features of the new mine site information network platform and the contribution to productivity and safety. The new fleet management system has a predictive truck dispatch algorithm. It also has a distributed database that replicates rapidly so that each machine in the fleet has an identical database, thereby making each machine aware of other machinesÆ locations on the site. High precision systems for navigating and monitoring machinery such as drills, dozers, draglines and shovels provide individual machine operators with cockpit style real-time information to increase their operational efficiency. The integration of the new fleet management systems capabilities with the high precision systems that provide production information, machine vital signs data and operator information means that the mine operations and maintenance managers have real-time access to the whole mine siteÆs production data. Such a mine monitoring and reporting system is dependent on reliable wireless communications and reliable positions. Positions in fleet management and high precision systems for open pit mines are usually provided by global positioning system (GPS). Other global navigation satellite systems (GNSS) such as Glonass, and in the future Galileo, will provide additional satellite cover; however, some parts of open pit mines do not have enough sky visibility for reliable GNSS positioning and so a new centimetre level wireless positioning system called Locata is being integrated with the fleet and high precision systems to augment and backup the GNSS positions. The final integrated system will provide the highest levels of reliable position-based information to all stakeholders in a mineÆs operation, ensuring gains in productivity and safety.

Jan 1, 2008

There was a time, in the memory of some here tonight, when the annual meeting of The Institute was a nostalgic occasion. Often, in the 1920s, there was comment on the decline of Australian mining and on the lack of new mineral discoveries. When some of our Presidents prayed then for a new Bendigo, and instead were given a Mount Isa, they were justifiably disappointed because of the vastly different capital requirements.In 1967 the mining picture is very different. The recent mining developments in Australia are certainly as important as several Bendigos and several Kalgoorlies. The mining industry in Australia has never been more dynamic than today (Table 1). And if we ask why it is so dynamic, the answer lies in the role which overseas capital is playing in the industry. The contribution of overseas capital should concern us not only because we are members of the mining and metallurgical profession, but also because we have a duty to make our profession contribute as much as possible to the well-being of Australians. It is not sufficient to argue that overseas capital is good for the mining industry; we must also examine whether it is good for the economy and the nation. In this context the current criticism of the inflow of overseas capital into Australian mining is useful, for it gives us an opportunity to see what has resulted from the inflow.In discussing this question I do not suggest that we emulate Captain Hancock, that legendary Moonta mine manager who, according to Oswald Pryor's cartoon, used to say to his miners: "When I say a thing is, it is, even if it isn't". The question can only be discussed on a factual basis; and I would submit that many of the important facts relating to overseas capital in our mining industry are often overlooked or ignored. I would further submit, on the basis of these facts, that Australia's present day mining industry has been largely built on overseas capital and that the overall benefits of that capital to Australia have been enormous.

Jan 1, 1967

By D La Rosa, W Valery, A Jankovic, S Ese

Metso Minerals Process Technology Asia-Pacific (MMPT-AP) has been working with many mining companies worldwide performing æMine to MillÆ or Process Integration and Optimisation (PIO) studies. MMPT-AP has developed a proven methodology to improve the efficiency of the mine-mill interface and gain maximum benefit. The PIO methodology involves rock characterisation, mathematical modelling and simulation to generate a list of operational and control changes for both the mine and concentrator. Following the methodology, the list of recommendations is developed relatively easily; the more challenging part depends on the company. Success of a PIO project relies on the ability of an organisation to implement change û both operationally and culturally: the human element. When a PIO project is started, there is initial interest and commitment from the company. But how can this be maintained? How does an operation know if the benefit continues? MMPT-AP is now developing long-term relationships with clients to ensure that the increased production and improved efficiency continues. Direct and indirect measurements are used to determine the key factors involved and to understand the cause/effect relationships. Simulation tools also can be used to compare current with recommended practices û so when material properties vary over time, the benefits can still be quantified. PIO is about empowerment: by measuring and understanding what parameters affect concentrator performance, the site personnel now have the knowledge to make a difference. Rather than simply reporting variable or poor concentrator performance, operations can predict when production will be affected and put controls in place to prevent it from happening. This requires support and commitment from the company or æbuy inÆ. Ensuring this buy in continues is the challenge facing every company involved in PIO work û but the benefits are well worth it. This paper will review MMPT-APÆs experiences in implementing PIO projects in the long term: from both the consulting and operational viewpoints. MMPT-APÆs involvement with a number of companies will be discussed as examples of what works and what does not.

Jan 1, 2007

By L Reynolds

The portable infrared mineral analyser (PIMA) was trialled to determine the extent and intensity of any hydrothermal alteration halo associated with gold mineralisation in the Hyde-Macraes Shear Zone (HMSZ) of the Otago Schist.   Twelve diamond drillholes through the HMSZ were analysed with the PIMA at a sample spacing of 1 m. The drillholes were selected on two traverses along the line of strike and down-dip of the mineralisation in and around Panel 2 of the Frasers underground development.   The study showed that the Hangingwall shear of the HMSZ has a more distinctive infrared signature in intersections with high grades. The Hangingwall shear in these drill holes is defined by a shift in the wavelength of the Al-OH absorption feature from ~2220 nm to <2210 nm. This shift is attributed to a change in the mineralogy from phengite to muscovite. Overprinting this trend in some of the drillholes is the presence of the 2210 nm Al-OH absorption feature, ascribed to kaolinite. Kaolinite also tends to be present in numerous other regions of the schist above the Hangingwall shear associated with steeply dipping faults and foliation parallel joints. In drill holes with low grades the Hangingwall shear does not exhibit any obvious infrared signature.   At the scale of study, the PIMA does not provide evidence for an alteration halo associated with hydrothermal mineralisation above the Hangingwall shear. Possible tectonic movement may have displaced any alteration halo that once existed, away from the zone of mineralisation. For this reason, PIMA apparently cannot be used for predicting the location of the Hangingwall shear during exploration drilling. However, the study did show that the PIMA could define the Hangingwall shear when the rocks were sufficiently altered and mineralised.

Jan 1, 2007

By Hemingway J, Read T. A, Anderson V. G

IN the determination of very small amounts of lead, the usual analytical methods are far from being satisfactory. Small amounts of lead may be present in the reagents empioyed, and it is customary to run a blank experiment to correct the error arising in this way. When the correction is of small magnitude compared with the amount of lead in the sample, this procedure may be adopted; but when very small amounts of lead are being determined it may happen that the lead found in the blank is as much, or even more, than the lead actually present in the sample, and the analysis has to be rejected. Moreover, the blank experiment cannot check errors which are not common to the blank and the analysis itself eg, the apparatus used in the parallel experiments, etc. It seemed to be desirable, tl;l.erefore, to make an investigation of the problem to ascertain, as far as possible, the nature of the errors arising from the introduction or loss of lead during the analysis, and how far these could be eliminated or corrected for; also, to determine the limits of accuracy of the improved method and the minimum amount of lead that could be reliably estimated.In the investigation, reliability and sensitiveness were regarded as essential features. Speed of operation, on the other hand, was considered of less importance. The amounts of lead dealt with being usually less than 1 mg, there is no alternative to the use of a colorimetric method. The latter, depending as it does upon the development of a brown coloration when ammonium sulphide is added to a very dilute -solution of a lead salt, is far from being a characteristic test for lead. Indeed, it is well known that the salts of most of the commonly occurring metals interfere with this test. Hence it is of vital importance that the lead should be isolated in the form of a pure compound possessing quite definite and characteristic properties before the colorimetric estimation is proceeded with...

Jan 1, 1921

By Carlson BL, Overton DD

This paper compares the designs of heap leach facilities for four precious metal mining projects in the southwestern United States. These four proposed projects are of small-to medium-size relative to other operating mines in the United States, and are either permitted or in the final stages of permitting. The differences and similarities in the heap leach facility designs are compared with respect to site conditions, operating conditions and regulatory requirements. This comparison provides a summary of the state-of-practice for heap leach facility design in the southwestern United States and identifies current issues in project development and process material containment.

Jan 1, 1997

By M A. Gontalves, A F. D C Varajpo

The Rio Capim kaolin district, located in the north-east of Parß State, Brazil, constitutes one of the worldÆs largest high-whiteness kaolin reserves for the paper coating industry. It contains, at the base of the main ore, a soft kaolin that gradually changes at the top into a ferruginous duricrust followed by a flint kaolin. The flint kaolin is completely discarded during the exploitation of the soft kaolin. With the view of a more complete beneficiation, aiming at a sustainable development of the minerals industry, the use of this residual flint kaolin has been considered for the manufacturing of zeolites. Zeolites were synthesised from the flint kaolin through a reaction between metakaolinite with soda at 80¦C, for durations of 24 to 144 hours. The transformation into metakaolinite was carried out at 800¦C and was not affected by the titanium oxides. For a synthesis time of only 24 hours, a zeolite 4A very close to its theoretical definition was obtained, whereas for synthesis times longer than 96 hours, a slight formation of hydro-sodalite was also observed. The synthesised zeolites were tested as cationic adsorbents on 0.5 molar solutions of Cu, Pb, Cd and Zn. The adsorption was measured for contact durations of one and three days. It was noted that the exchange kinetics were slow and that the retention was significantly greater after three days than after one day. The retention was greater than 50 per cent of the theoretical exchange capacity for Pb, Cd and Zn, which was different to Cu, where the retention exceeded its theoretical exchange capacity.

Jan 1, 2008

By Mirabediny H, Whitchurch K

A computerised simulation model has been developed to select the most suitable digging method of a dragline operation for a given geological condition. The developed procedure uses a geological ore body model as the basis for the geologic database. The simulation selects the most cost effective dragline digging method from a database of various dragline digging methods The database consists of common and innovative dragline methods currently used in Australian open cut mines. A generalised computer package, DSLX, was extensively used to simulate various dragline digging methods. The DSLX software uses predefined functions to build strip geometry, working benches, blast profiles and spoil piles. The outputs from DSLX in form of volumetric, swing angles and hoist distances data are then aggregated with dragline specifications and site time study data to compare productivity of selected digging methods. The result of a case study showed that this procedure lends itself to the 'optimum' selection a dragline digging method for a given coal deposit.

Jan 1, 1995

This paper will discuss the challenges and opportunities in the years 1998 to 2002 faced by the operation and personnel at Thalanga, and its continued survival through short life projects (three feasibilities in four years). It will describe the processing of the different ores, issues faced and operating and technical innovations that occurred during that period. This will include: commissioning on very high grade Cu ores, treatment of high Sulfur feed ores (~46 per cent S) and the effects of the installation of a Detritor Mill on the process.

Jan 1, 2003

By Forsythe DJ, Sun S-S Andrew AS

Paragenetic, fluid inclusion, stable isotope, and 87Sr/86Sr and 143Nd/144Nd isotope studies of the Mt Carbine tungsten deposit in North Queensland provide information on the sources of the mineralising components and record the history of fluid-rock interaction during the hydrothermal process. The ore minerals , wolframite and scheelite , are contained in quartz veins which post-date the major deformations in the Siluro-Devonian Hodgkinson Formation . Mineralisation was immediately preceded by the emplacement of the Mossman Batholith (280 ¦ 7 Ma). Two major stages of mineralisation are present and separated by a brittle fracturing episode . The stable isotope and Sr and Nd isotope data suggest that the ore fluids during stage I and most of stage II mineralisation were a mixture of magmatic water and non-magmatic water (connate or metamorphic) which had experienced a long residence time and had extensively exchanged with the sediments at high temperature. Subsequent mineralisation events were dominated by fluids of meteoric derivation with a short residence time. The data imply that other solutes, such as W, were probably derived in minor part from local country rock sources with the major contribution coming from a magmatic source related to the granite batholith.

Jan 1, 1987

By I Haine, J Penm, T Waring

During 1999 there was a considerable turnaround in world prices for most minerals and energy commodities, except for the bulk commodities (coal and iron ore). The main reasons for this turnaround were: improved prospects in demand for most minerals and energy commodities in the Asian region following a return to both economic and industrial production growth in key economies in that region; continued moderate growth in demand in Europe and North America; substantial production cutbacks in a range of minerals and energy industries; effective reductions in the supply of oil by OPEC nations; and an announcement by European central banks that they would cap the amount of gold they sell and loan in the next five years. Most of these influences are expected to be sustained into the first years of the new millennium. In 2000, with exception of coal, average world prices of minerals and metals are forecast to rise significantly. Gross domestic product and industrial production is expected to grow in some European countries and most Asian countries in 2000 and, with moderate growth expected to be sustained in the United States, demand for minerals and energy is expected to increase. AustraliaÆs main bulk commodities, iron ore and coal, saw prices set for 1999 - 2000 at substantially lower levels in negotiations in early-1999. Double digit price cuts were locked in. However, similar falls appear to have been avoided for coal in Japanese Fiscal Year 2001, while increases of between four and six per cent were achieved for iron ore. Forecast modest recovery in economic growth in Japan and increasing demand elsewhere in Asia are expected to lead to tighter market conditions in 2000. Beyond 2000, world minerals and energy markets will be influenced by the expected robust global supply responses of minerals and energy companies, against a background of sustained economic growth and industrial production growth in major consuming countries. Over the medium-term, a return to declining real prices which have been evident for most commodities in the recent past, is expected as exploration, mining and processing technological change and associated productivity growth continues to reduce industry costs. While lower rates of exploration and mining investment in Australia between 1998 and 2000 will modestly constrain the rate of future industry expansion, Australia remains an important contributor to expected growth in global minerals supply over the medium-term. Australian mine production is forecast to grow between 1999 - 2000 and 2004 - 05, boosted by production from recently commissioned mines and minerals processing facilities and comissioning of other projects at advanced stages of planning.

Jan 1, 2000

By M Brewster

Goldfields Abosso Goldfields Limited (AGL) is a Ghanaian registered company that owns and operates the Damang Gold Mine. Gold Fields Ghana Holdings Limited holds a 71.1 per cent interest in AGL. The Damang concession held by Gold Fields Ghana Holdings Limited covers a total area of 271 km2 located 40 km north of the town of Tarkwa in the south-western part of Ghana. Gold Fields as a company registered on the New York Stock Exchange is legally obliged to be SOX (Sarbanes-Oxley). Sarbanes-Oxley Section 404 (SOX404) is on management assessment of internal controls. The Mineral Resource Management (MRM) function of AGL manages three Prospecting Licenses and two mining licences. At least ten pits/prospects are scattered along the two limbs of the Damang Anticline and have two main types of mineralisation notably Paleoplacer and Hydrothermal. Thus SOX404 procedures are put in place to treat each mineralisation type in the best way for reliable resource outputs and estimates. Generating auditable resources for AGL is a prime but most important function of MRM. Thus important checks are built and designed to ensure that all relevant geological and geostatistical inputs conform to procedures outlined under SOX404 requirements. More importantly sign offs are designed to ensure that technical personnel involved in all aspects of resource and reserve generation are satisfied and can be held accountable.

Jan 1, 2007