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By J Evans-Wheeler

"The mandate of the 2005 VALMIN Code to provide ‘(all) reliable, thorough, understandable material information required by investors and their advisers when making investment decisions’ requires that due diligence for tenure be full and thorough. Yet a published due diligence would often appear to be simply a list of tenures allegedly held without any commitment as to the standing of the tenure as safe and secure or otherwise.The value of due diligence for tenure, as mandated in the 2012 JORC Code and the 2005 VALMIN Code, must focus on compliance rather than simply on ‘vital statistics’. Enforcement in every jurisdiction in Australia focuses on penalties (some more harsh than others) for non-compliance, which, in turn and most importantly, reflects directly on security of tenure. Some 22 Acts (on average) impinge on security of tenure and fundamentally underpin the security of any mineral asset.This paper will outline regulatory processes to demonstrate how tenure compliance is achieved and argue that the rigorous application of good practices in tenure evaluation will lead to more of this information being made available on a regular basis.The paper will then focus on further practical examples of tenure compliance failures, the application of these to the requirements of the JORC and VALMIN Codes and due diligence that failed to fulfil the mandate. Examples will be given that alerted other professionals using the JORC Code to complex geological and mining situations of which they were unaware in their valuations.Finally, the author will make a personal plea for tenure to be considered at the commencement of any reporting process.CITATION:Evans-Wheeler, J, 2016. The VALMIN code and tenure compliance – not just a list, in Proceedings Project Evaluation 2016, pp 112–121 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 8, 2016

By S Love, M Anderson, M Boland

"The high rate of failure of new mine developments to meet feasibility study expectations has been the subject of many fine technical papers. Yet failure rates remain stubbornly high.Similarly, the common occurrence of disastrous acquisitions resulting from failed due diligence on projects is well known. Yet such mistakes continue to be made.The authors argue that project and due diligence failure are caused at least partly by cognitive biases. These biases pervade decision-making throughout project evaluations.A wider understanding of these biases (and their effects) is necessary. Only then can mitigating actions be taken.The opportunity for this wider understanding exists. A number of best-selling books have been published on the topic in recent years. With wider understanding of key concepts and terms, cognitive biases can be recognised and discussed. They can also be challenged and mitigated.The authors believe that these concepts should be entry-level, required knowledge for anyone evaluating, developing, reviewing or financing mining projects.Perhaps the most prevalent biases in project evaluation failure are the ‘over-optimism’ biases. In particular, the planning fallacy and confirmation bias.The anchoring effect is also pervasive. This bias propagates unrealistic assumptions from scoping and prefeasibility studies through to so-called definitive feasibility studies. Unrecognised anchoring biases also undermine the validity of many ‘independent’ due diligence reviews. They are also prevalent in corporate acquisitions.The availability heuristic refers to a mental shortcut that can lead to a number of biases. One of these is the narrative fallacy. The mind constructs coherent narratives and opinions, regardless of the amount and quality of the information that support them. Narrative fallacy commonly occurs in the evaluation of social and political risk. Another is disaster neglect, which is especially common in the failure to assess risks associated with tailings management.This paper outlines the relevance of these biases to mine project evaluations. It also provides examples where the authors have observed their effects.CITATION:Love, S, Boland, M and Anderson, M, 2016. Influence of cognitive biases on project evaluation, in Proceedings Project Evaluation 2016, pp 226–235 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 8, 2016

By P Thompson, D Rose, S Yu, W Baum, R Zahn, D Meadows, G Hall

Opportunities to improve mill operations are often cited by mining companies and recognised in many concentrators spread throughout the world but are not always followed through. Copper-molybdenum concentrator operations are challenged by a continuously increasing list of detrimental factors. They include deteriorating ore characteristics and poor mineralogical information on deeper ores, water quality and availability, steel wear and increasing power costs. Rapidly declining productivity, sustainability and environmental factors, new taxes, mining industry global skill set shortages, to name but a few, must also be considered. The days of maximising value by just increasing production or simple cost cutting are fading and will not be sufficient for the future of more complex mineral processing operations and larger plants. As a result, FLSmidth’s Global Process Technology Group has launched a plant and process optimisation program based on mineralogical and metallurgical surveys.Copper-molybdenum concentrators of the future need a paradigm shift. Modelling and simulation tools alone are not the answer to complex mineralogical associations and larger scale equipment and operations. Detailed area by area review aimed at identifying process constraints in terms of equipment and operating practice in conjunction with robust diagnostic work, ie mineralogical and metallurgical characterisation, are mandatory for process optimisation. The navigational beacon, for all operations who want to remain competitive, will be ‘process efficiency’. Since the use of automated mineral analysers has become more readily available and reliable, mineralogical-metallurgical plant surveys have proven themselves as the most efficient tool for optimising plant performance.The following paper will illustrate how operations can move toward eliminating under-performing flow sheets, fixing run-away flotation conditions, maximising individual process equipment performance, preventing shortcuts in Bond work index testing which may cause the failure of comminution models and minimising costly and time-consuming ‘debottlenecking’. As previous plant surveys have shown, the net project cash flow can be increased by 50 to 200 per cent if a combination of robust ore characterisation and plant process mineralogy is performed. The combined plant survey approach has been demonstrated successfully in a multitude of operations. This includes the use of key ore types in concert with statistically sampled process streams, bench-scale metallurgical tests and automated mineral analysis on a size-by-size basis.CITATION:Meadows, D, Hall, G, Rose, D, Thompson, P, Baum, W, Zahn, R and Yu, S, 2014. Copper-molybdenum concentrator surveys using mineralogy and process benchmarking tools to improve overall plant performance, in Proceedings 12th AusIMM Mill Operators’ Conference 2014 , pp 315–322 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 1, 2014

By S Prakash, M Danish, D Kumar

The green energy transition is speculated to cause an increase in the demand for raw materials while recycling rates are improving; discoveries are required to maintain supply. Geological remote sensing offers a cost-effective way of exploring mineral resources. While satellite and airborne imaging are routinely used for exploration targeting, a gap remains at the outcrop scale. Hyperspectral imaging (HSI) is advantageous for large-scale regional mapping, typically performed from satellite or airborne platforms. Accurately mapping geological lithologies remains challenging in inaccessible areas, such as rough terrain or mine sites. Proximal sensing techniques can boost geological activities’ reliability, safety, and efficiency in exploration or during mining activities. It also generates objective, reproducible results and valuable raw data that can be archived, further processed, and re-interpreted. Ground-based hyperspectral imaging of outcrops has steadily increased during the last decade due to sensor development and better processing routines. There is often a big technology gap related to mineral mapping, integration of images and spectra (reduction in manual identification of minerals and types) and hyperspectral data visualisation through remote sensing. TEXMiN Foundation, in collaboration with its industry partner Dassault Systemes Foundation, carried out the project, ‘Developing Hyperspectral Image Processing and Analysis, build a rich library of Hyperspectral images of a vast range of minerals from India which will help in increasing prediction accuracy of mineral deposit for mining exploration’.

Sep 1, 2024

By C D. Pocock

Maintaining catch berm capacity in open pit mines through controlled blasting prevents production delays associated with managing risks associated with wall instability. A method has been developed to quantify the drill hole deviation of presplit holes at Century Mine. Different controlled blasting techniques are used to control wall quality and decrease the risk. The performance of presplit drilling, in terms of deviation from design has been investigated. A methodology has been developed to quantify the drill hole deviation in three dimensions. This methodology was converted into a series of algorithms capable of handling an extensive range of data. The methodology was applied to a case study at Century Mine to evaluate the performance of drilling on two presplit blasts. Overall, 67 drill holes were investigated in the case study. The drill hole deviation was quantified in terms of three parameters: skewness, linearity and drill hole deviation parameter. Methods for quantifying each parameter were developed. Skewness, a measure of the amount of curvature and linearity, was defined as the measure of the consistency of the gradient of the drill hole. Drill hole deviation parameter is defined as the average measured deviation of the surveyed drill hole position from the design position. Acceptable drill hole deviation tolerances for each of the defined parameters were developed by analysing drill hole deviation parameters with respect to implications to catch berm capacity. Verification of the methodology was confirmed through the comparing of the completed drill hole deviation results using both visual inspection and cross analysis for each of the three methods. Holes with an R squared value of less than 0.97 for skewed deviation were classified as having skewed deviation, while holes with a difference in gradient of 3.5 were classified as having linear deviation. The results show that 76 per cent of the drill holes had deviation. Of this, 19 per cent were skewed, 57 per cent had linearity and 12 per cent contained both skewed and linearity deviation.

Nov 8, 2011

By R Pozo, F Reyes

Codelco Chile is currently developing the El Teniente û New Mine Level Project (NMLP) in order to increase ore production by seeking to mine the ore deposit located under the current operational orebody. Reserves of 2000 million tonnes (Mt) have been quantified, which will be extracted as from the year 2017 by using the panel caving and progressive sinking method. Codelco and SKM Minmetal (SKM) jointly developed the project prefeasibility stage (PFS), closing these studies in March 2008. The first part of the project approach is to replace mine production currently feeding the Colon concentrator facilities with 137 000 tonnes per day (t/d), focusing attention on a production increase from the year 2026 up to 180 000 t/d. Project efforts have also been centred on maximising the contribution of new technologies for both construction and operational phases of the New Mine Level, together with selecting the best mine infrastructure to keep El Teniente operations going on for the next 50 years. Implicit in this is the inherent improvement of a variety of current Mina El Teniente process and management practices. The plan is to reduce actual mine operational risks and take advantage of new opportunities afforded by the project, which is in effect a greenfield project with respect to the implementation of fundamental changes in the labour and business environment. In addition, issues related to human resources, maintenance and management, materials handling, establishing centralised operations and accesses, automation and remote operations control and power efficiency could also be addressed. The project, beyond the New Mine Level exploitation, considers the mineÆs future potential, with a second deeper exploration in prospect named Deep Level. Finally, the project identifies features that would add value to the mine operations, in an initiative named æSpace for Future TechnologiesÆ. This will allow the eventual implementation of new electrical equipment and the application of mechanised technologies and other process improvements for the mine development.

Jan 1, 2008

By S Fityus, K Koosmen, J Simmons

The purpose of this paper is to therefore investigate the hydrogeological characteristics of tailings, coarse and mixed rejects from coal processing to enable better understanding of the potential for undrained behaviours in coal mine spoil piles. This is achieved by analysing the results from permeability and oedometer testing of tailings, coarse rejects and mixtures thereof. Focus is given to the effect that tailings content has on the behaviour of mixed rejects, the transition point between drained and undrained material behaviours, and the evolution of properties with increasing stress that would occur with increased depth of burial in a mine spoil pile. The implications of the findings are discussed with respect to spoil pile stability.

Jul 1, 2021

By D Phillpotts, S M. Mantsho, P Strobos

A challenge on many industrial flotation circuits is controlling concentrate mineral grades using measurements that are provided infrequently. The mineral grades in concentrate streams are a critical performance indicator in any industrial flotation circuit. Failure to achieve concentrate mineral grade targets has significant financial consequences on a flotation operation. A violation of a gangue mineral grade limits by the concentrator may also result in significant penalties. Online grade analysers which can provide reliable real-time grade measurements are essential for effective grade optimisation. The Blue Cube MQi analyser (by Blue Cube Systems) has recently come to prominence for its ability to rapidly determine mineral concentrate grades online and in-stream. This has provided excellent insight into the actual process dynamics in the flotation circuit, and hence enabled real-time control and optimisation of concentrate mineral grades. MintekÆs Measurement and Control division, specialising in advanced control solutions for mineral and metallurgical industries, has had the opportunity to link the FloatStar Grade-Recovery Optimiser to the measurements provided by the Blue Cube system at a nickel concentrator plant. The project initially focused on stabilising the final concentrate grade without directly accounting for nickel recovery. The site later procured additional Blue Cube MQi analysers, resulting in the expansion of the FloatStar Grade-Recovery Optimiser to incorporate recovery component in the performance. This site already had the FloatStar Grade-Recovery Optimiser for several years, but the original grade measurement device was unreliable and ultimately failed. The system was reactivated once the Blue Cube system was installed, replacing the old analyser.CITATION:Mantsho, S M, Phillpotts, D and Strobos, P, 2012. The implementation of FloatStar grade-recovery optimisation control solutions using Blue Cube online grade analysers on industrial flotation circuits, in Proceedings 11th AusIMM Mill OperatorsÆ Conference, pp 363-368 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 29, 2012

By F Burns, G Peachey

The Hidden Valley process plant has recently undertaken a program to relieve process flow bottlenecks and improve process automation. An environment of cost reduction and restrained capital necessitated solutions that primarily utilised existing equipment and internal resources. Removing bottlenecks relieved pressure from a strained circuit that was unable to maintain consistent performance. Improved process automation firstly stabilised the process, then allowed the circuit to sustainably operate at the expanded capacity limits. These allowed implementation of an operating approach that focused process operators towards identifying and resolving process disturbances in advance. Plant recovery and throughput have markedly improved as a result.CITATION:Burns, F and Peachey, G, 2014. Recent process improvements at Hidden Valley gold mine, in Proceedings 12th AusIMM Mill Operators’ Conference 2014 , pp 43–54 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 1, 2014

By J Jeffery, P G. Knott, F Velge, C Evans

A trigger action response plan (TARP) provides a structured response to escalating levels of risk. In mining, TARPs are typically applied to primary hazards such as inrush, strata failure or heating. Necessary for the creation and deployment of a TARP is a monitoring system capable of detecting deviations from normal conditions. The advent of real-time instruments capable of measuring diesel particulate matter now permit decision-making within shifts to address possible overexposure. Deploying a TARP for diesel exhaust emissions can lower the probability of a person’s average exposure (over a full shift) exceeding the exposure standard by detecting deviations of diesel particulate concentrations from normal conditions. This enables pre-emptive action to mitigate or protect. Another goal is to drive ambient air concentrations lower through the application of corrective actions as a result of instances where concentrations exceed ‘normal’.CITATION:Knott, P G, Evans, C, Velge, F and Jeffery, J, 2015. Trigger action response plans for diesel exhaust exposures, in Proceedings The Australian Mine Ventilation Conference, pp 129–132 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 31, 2015

By Fitzgerald DE, Taverner MG

The principles, fields of application and equipment design concepts of several new approaches to continuous vacuum treatments of molten metals and alloys are discussed. Partic- ular attention is paid to the results of pilot plant tests evaluating a launder-in-tube method of 1. continuous production of refined zinc from a zinc-bearing lead produced in the lead splash condenser of the Imperial Smelting Furnace (ISF), and 2. continuous refining of crude cadmium. The former trials were not sufficiently encouraging to justify consideration of the process for commercial development. The applic- ation to cadmium upgrading gave very promising results; metal of 99.99 per cent purity was produced continuously at pilot scale (120 lb per hour) from crude metal containing 5.0 per cent Pb.

Jan 1, 1972

By B Crompton, A Berghorst, G Knox

Laboratory-based dynamic testing provides an invaluable tool in the development of rock bolts for use in highly stressed, burst prone rock masses. While in most cases the laboratory-based test method is not a direct comparison to an in-situ installation due to the purely axial loading and variations in boundary conditions, it does provide an indication of the performance of the tendon system under dynamic loading. The aim of the research described in this paper is to provide an understanding of the effect of the impact velocity of the impact mass during a laboratory-based dynamic test. Understanding the effect of boundary conditions of laboratory testing will improve Geotechnical Engineers understanding of the performance in an in-situ installation. In addition, due to the limited number of dynamic test facilities, an understanding of the effects of the boundary conditions will aid in the comparison of test results for different products from different test facilities. The research was conducted using an impact tester, whereby a known mass is raised to a known height defining the kinetic energy and velocity of the mass at the point of impact with the test sample after release. The impact velocity was varied between 2.7 m/s and 5.4 m/s, while the kinetic energy of the mass was maintained at 11.5 kJ. While a correlation between the impact velocity and strain rate of the system tested was established, due to the properties of the system tested, the range of impact velocity on which dynamic tests were conducted was insufficient to result in a considerable change in the average impact load, the cumulative proximal displacement and the cumulative maximum energy absorbed over multiple impulse. However, due to the reduction in the momentum of the impact mass the impact duration and displacement during each impulse in the series of impulses reduced. CITATION:Knox, G, Berghorst, A and Crompton, B, 2018. The relationship between the magnitude of impact velocity per impulse and cumulative absorbed energy capacity of a rock bolt, in Proceedings The Fourth Australasian Ground Control in Mining Conference (AusRock), pp 160–169 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 30, 2018

By A N. Parry, G van Wyk

"Sensor based automatic ore sorting technologies are used in the minerals industries to efficiently remove waste and submarginal grade material from crushed and screened run-of-mine (ROM) ore, producing a coarse (typically >10 mm) upgraded preconcentrate at an early stage in the mineral processing circuit. This avoids additional energy intensive downstream processing of this rejected component of the ROM feed, leading to lower unit operating costs and reduced tailings disposal volumes.Test work on bulk low-grade gold ore stockpile samples from Central Norseman Gold Proprietary Limited has been conducted, indicating high gold recoveries as well as high material rejection rates. A financial model, based on these results, evaluates grade sensitivity and identifies a minimum stockpile grade for adequate financial returns. The base case modelling estimates that the ex-stockpile grade (including the fines bypassed fraction) can be more than doubled through ore sorting and that the project will be highly viable with strong cash flow generation at stockpile grades as low as 0.7 g/t gold. The modelling will enable the company to benchmark ore sorting options against stockpile reclaim and screening operations currently employed. Citation:Parry, A N and van Wyk, G, 2016. Upgrading Low-grade Gold Ore Stockpiles by Preconcentration Using Ore Sorting - an Assessment of the Economic Impact and Viability, in Proceedings 13th AusIMM Mill Operators’ Conference 2016, pp 179–190 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Oct 10, 2016

By N Elith

The explosives demolition of a post-stressed, steel reinforced, concrete road bridge in Australia’s capital city, Canberra. The bridge was 50 m from the new replacement bridge, 320 m from community structures and within five kilometres of the national parliament buildings. The job required multiple overlays of risk assessment, public relations, safe work procedures, specialised blast design, environmental predictions and flyrock controls. Project stakeholders included Worksafe, Roads ACT, bridge owners, consulting structural engineers, community groups and road users. The bridge precincts, including a major road underneath, had to remain operational to peak traffic in the days leading up to the demolition. The break-up and removal of debris had to be executed in just two days from Friday to have the road beneath re-opened for Monday morning city-bound traffic.In Canberra, all explosives demolitions are now viewed with particular caution after a demolition in 1997, during which a young girl was killed. Any approval requires that Explosives Regulations, AS2187 2006 and Worksafe processes are satisfied, and a convincing case presented for blasting as a safe and viable option.Our design used specialised shaped cutting and blasting charges to sever in situ concrete beams and tendons and to shatter components of the stressed concrete bridge assembly. We include comments on structural engineering reports dealing with pre-weakening mechanisms. The benefit of pre-weakening is that it reduces the amount of explosives needed to safely complete the job and facilitates quick removal of debris after the shot. The complementary skills of the team, each one an expert in his field, resulted in a highly successful demolition, praised by authorities as an outstanding example of controlled use of explosives.

Nov 8, 2011

By D Hunter, N Cusworth, J Miller

"Recent project failures have called into question the use and relevance of benchmarking and independent reviews, forcing a rethink of traditional processes and procedures.With cost estimates and schedules dramatically varying from lows seen around the global financial crisis to peaks experienced in the recent mining boom, benchmarking has ranged between essential and misleading.Profound shifts are now underway in future project delivery strategies as the market moves away from cost-plus engineering, procurement and construction management. The current trends in project implementation are to utilise more lump-sum design and construct or fixed-price supply and construct contracts. This trend will remove transparency in detailed cost information by reducing the sources and clarity of cost data.Independent peer reviews (IPRs) of studies and investment recommendations performed over the last decade have both failed to prevent flawed or deficient projects from proceeding to approval and funding, and been successful in ensuring that owners did not proceed with doomed investments.In recent times, it has been recognised by some owners, contractors and engineers that traditional benchmarking checks or IPRs, or a combination of both, will not necessarily produce reliable assessments of study conclusions and of the forecasts of project outcomes. To be of value, the benchmarking process now also needs to recognise the highly volatile responses from the engineering and construction industry to the current and future markets for their services.Similarly, reviewers who draw upon benchmarks of past project experiences on an understanding of the things that shaped and influenced their outcomes need to be more aware of how a future dynamic market may impact the outcome of the projects and raise warning flags accordingly.With the commodity cycle currently approaching what is hoped is its bottom, ensuring that benchmarking and independent reviews evolve into reliable, transparent and worthwhile processes becomes even more important. This can only be achieved with more transparent and analytical benchmarking and business-orientated reviews that both recognise and calculate the impacts of dynamic markets on project implementation.CITATION:Cusworth, N, Hunter, D and Miller, J, 2016. The role of benchmarking and independent reviews, in Proceedings Project Evaluation 2016, pp 249–259 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 8, 2016

By W J. Botha

The Palaeoproterozoic Transvaal Supergroup in the northern Cape Province of South Africa hosts high grade (>60 per cent Fe) hematitic and specularitic iron and manganese mineralisation. The mineralisation is primarily exposed along the western margin or in the central part of a major interference fold structure known as the Maremane dome. The bulk of South AfricaÆs iron ore production is currently provided by two active mines, Kumba Resources megaton Sishen iron ore mine on the northern end of the dome, and the smaller Assmang Beeshoek mine on the southern closure. The undeveloped Sishen South deposit, which contains ~400 Mt of high-grade hematite ore, is located approximately 9 km towards the southwest of Postmasburg. It forms a linear extension of the Beeshoek mine and as such contains comparable laminated, breccia and conglomeratic iron mineralisation. The Transvaal Supergroup sediments were deposited in two distinct fault-controlled basins on the Archean Kaapvaal craton. Basement rocks in the western Griqualand West basin are formed by a carbonate platform sequence (Campbellrand Subgroup), which is overlain by a thick sequence of banded iron formation of the Asbesheuwels Subgroup. A major unconformity separates these rocks from the red-bed Gamagara Formation, which is correlated with the base of the Olifantshoek Supergroup. Diamictites and lavas of the Postmasburg Group have been thrust over these units from the west. The mineralisation process is related to regional scale supergene iron enrichment of Kuruman banded iron formations along the unconformity. During regional tectonism associated with the Kheis orogeny (2400 - 1700 Ma) the Maremane dome was uplifted, and the basal dolomite units thus exposed to erosion and karstification. The overlying banded iron formations collapsed into karst sinkhole structures where leaching of silica and enrichment of hematite occurred. Although the exact mechanism of the mineralising process remains unclear, karstification preserved components of the original concordant laminated and massive ores. These ores were subsequently eroded and deposited as conglomeratic and gritty ores down-dip of the Maremane dome in alluvial fan systems. A thin veneer of recent calcrete or Tertiary Kalahari clay beds masks the subsurface geology and most of the orebodies, thus ground geophysical gravity surveys proved excellent exploration tools to penetrate the surficial cover. These surveys were used extensively for delineation drilling and to deduce the subsurface geology and structural development of the area. Finally Sishen South orebodies were modelled with ModelVision software in an attempt to obtain an exploration template for the surrounding area.

Jan 1, 2005

By S A. McManus

With the advances in software speed and capability, many of us now are running multiple scenarios on entire models rather than just testing small areas or a few blocks. In the authors experience both the geological and geostatistical academic theory and our rules of thumb, often prove un-useable or incorrect in the real world we work in. The only way to truly validate and tune our models is to complete the entire model and ‘see if it works’. If it lacks some property we were expecting, then we need to find out why and/or run different scenarios to see what changes. This is not always possible with tight project timelines but we find ourselves doing more and more of this sort of thing, and in so doing, understand that every deposit is different and requires its own ‘rules’ to get valid and useful results. For the purposes of this paper, this process is termed Empirical Geostatistics. Take Clayton Deutsch’s ‘all realisations all of the time’ concept a step back. Before you even think of simulating, test the alternate realisations generated by alternate parameters such as different domaining, varying search neighbourhood parameters etc.

Mar 22, 2022

By R Godard, J Gantumur, F Prince, C Pascoe

Resolution Copper Mining LLC (RCML) is one of the largest undeveloped high-grade porphyry copper-molybdenum deposits in the world, with an orebody at depths of approximately 2000 m beneath post-mineralisation cover. With a vision to develop a large-scale, low-cost operating mine, the project is designed as a micropanel cave with an advanced undercut.In September 2014, RCML began a study focusing on identifying and selecting the best production cases to eventually reach full production (120 kt/d). To achieve this, a methodology was developed that allows the fast evaluation of a large number of production schedules.Dassault Systèmes GEOVIA was commissioned to enhance the Footprint Finder program for batch scheduling panel cave production. The tonnage and grade schedules produced by Footprint Finder were compared to schedules developed using personal computing block caving (PCBC™). The inputs to Footprint Finder were then adjusted to achieve a reasonable correlation with the PCBC™ schedules.The enhanced Footprint Finder program was used to batch-process nearly 54 000 schedules using 20 elevations, 17 shutoff grades, four heights of draw, two different copper grades (modelled and upside), two layout refinements within the existing footprint and a variety of production ramp-up rates to 120 kt/d. The study team developed processes to analyse large amounts of data, to assist in selecting a matrix of the best schedules for detailed assessment using PCBC™. Three hundred PCBC™ schedules were developed.The detailed trade-offs between the scenarios is currently underway with promising results. This paper outlines the methodology used in evaluating the numerous alternatives.CITATION:Gantumur, J, Godard, R, Prince, F and Pascoe, C, 2016. Development and evaluation processes of cave production schedules for the Resolution copper project, in Proceedings Seventh International Conference and Exhibition on Mass Mining (MassMin 2016), pp 59–64 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 9, 2016

By S L. Nicol, B J. Hogg, O J. Mendoza, S Nikolic, A Burrows

The top submerged lance (TSL) technology, developed in the 1970s, is now widely used for the processing of a range of materials. The key advantage the ISASMELT™ TSL technology provided was the ability to process feed materials in a highly turbulent bath, reaching close to equilibrium conditions, uniquely allowing for operation below the liquidus of the molten slag phase. The details on what happened below the liquidus line in the phase diagram became critical for the successful operation of the technology. During the development of the ISASMELT™ technology this led to a collaboration between the Process Technology group of Mount Isa Mines, now part of Glencore Technology, and the Pyrometallurgy Research Centre (PYROSEARCH) at The University of Queensland. The fusion of the phase equilibria research into the technology development allowed for understanding of the behaviour of molten splash, reliable tapping of the furnace, and the ability to operate the furnace with a refractory lining and achieve a year campaign life in excess of four years. The outcome has allowed for the highly successful adaption of the ISASMELT™ technology to recycling of complex feed streams necessary to drive circularity in our modern global economy.

Aug 21, 2024

By Bucknell WR, Clarke DE

The paper provides a company's view of the relative merits of various valuation methods and outlines the basic approach it takes to the valuation of an exploration property. The negotiating process and methods of acquiring an interest in an exploration property is discussed The valuation methods discussed are: 1. Exploration Expenditure. 2. Real Estate. 3. Joint Venture Terms. 4. Rule of Thumb. 5. Net Present Value - Discounted Cash Flow. 6. Geoengineering.

Jan 1, 1994