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Companies involved in the mining industry are exposed to risks, referred to as corporate risks, as part of the business process. Directors and management should be aware of these risks and make appropriate business decisions to address each risk. If business risks are not addressed on a timely basis the consequences are likely to be serious and will adversely impact the ultimate success of the business.The key corporate risks are:Poor cash flow and treasury management. ò Incompetent or unmotivated staff.ò Poor product quality.ò Accounting systems that do not provide meaningful and timely information.ò Computer system deficiencies. ò Ineffective credit screening.ò Assets not adequately protected.ò New ventures undertaken that are either inappropriate or not adequately researched.Exposures to corporate risk should be dealt with by Directors and management by systematically identifying major risk areas and implementing appropriate internal and management controls to deal with such risk areas. Proper management controls and procedures include the setting of overall corporate objectives and policy, monitoring adherence to such policy, establishing early warning systems to highlight problem areas and maintaining security over assets.

Jan 1, 1990

By Moorrees C

The end uses of magnesia are determined by both its chemical and its physical proper- ties. There is seen to be an increasing need for products of high chemical purity. Prod- ucts containing 90-95 per cent MgO can be routinely produced by physical beneficiation and calcination of most magnesite ores, the dominant source of magnesia. However, pro- duction of grades containing more than 98 per cent MgO with low impurity levels is not readily achieved physically. Such products can only be readily produced by chemical processing techniques. This presentation outlines the types of impurities present in magnesite deposits and the general concepts that are involved in chemically upgrading them. Of the potential leachants, only hydrochloric acid and aqueous carbon dioxide appear to be commercially attractive.

Jan 1, 1987

The mining industry worldwide relies upon the identification of resources that can be economically developed and operated. Access to land is paramount through all stages of the exploration, development, operation and rehabilitation stages. Clear rights to use of land for the purposes of mining must be available and protected throughout the life of the project. Stable and enduring criteria for mining of the resource, once identified, are required to attract exploration and development expenditure. The purpose of this paper is to investigate the varying approaches to granting access to land for use for exploration and mining development, including the processes by which a project is approved by community and government and the time scale for such approval. The paper concentrates on the legal issues arising throughout this process. The law is stated as at September 1997.

Jan 1, 1997

Workplace Centred Learning, (WCL), is a learning strategy which helps organisations cope with the constant change in skill requirements that is part of business today. WCL focusses on the specific needs of the workplace and provides the structure and sets the standard whereby the required competencies can be transferred between individuals. Learning is considered part of the job and ownership is achieved by involving individuals in all aspects of the learning system. Each individual in a WCL system is considered both a learner and a teacher. A significant advantage of WCL over conventional training systems is that it responds quickly to changing requirements, and once in place, becomes self-sustaining. That is, once implemented, the system provides mechanisms to detect and respond to changes in skill requirements as they arise. WCL is a competency-based system with multiple levels of validation. It provides a flexible approach to skills development that recognises both the needs of the workplace and the needs of the individual. WCL was developed in collaboration with ALCAN Aust Ltd and is currently being implemented by companies within Australia and overseas.

Jan 1, 1995

By Borsaru M

The production of high-grade calcined bauxite is very dependent on the moisture content of the final product. Existing procedures rely on the ignition of small samples to monitor the effectiveness of the calcination process. The results obtained by this gravimetric technique are several hours behind production and do not permit regular adjustment of the furnace to optimize the control of the chemically bound water content (LOI).To provide rapid and hence more relevant results, a neutron moderation technique has been developed for measuring the LOI of bulk samples of calcined bauxite while they are still hot. The method uses fast neutrons from an 241 Am-Be neutron source to irradiate the samples, and the backscattered thermal neutrons detected are a measure of bound moisture content.The rms deviation between neutron and conventional determinations of LOI, in 15 calcined bauxite samples, was 0.08 per cent LOI over the range 0.1 to 0.9 per cent LOI. When allowance is made for the rms error in the ignition method, the error in the neutron method is found to be 0.07 per cent LOI.

Jan 1, 1985

Optimisation of an open-pittable orebody raises many questions relating to the operation, corporate objectives and orebody characteristics. Often the `black box' is expected to provide instant answers to many complex questions. The aim of this paper is to pose some commonly asked questions that arise during an optimisation study, and to try to provide some answers. The questions are aimed at typical objectives that affect the project and are of primary concern with the decisions that affect its course during the various development stages.

Jan 1, 1997

The exploration methods used by the British Coal Corporation in 1990 improve the geological reliability of underground coal production. Although some of the techniques in common use have been proved to be effective, their limitations are recognised and concentration has been on the increasing integration of direct and remote sensing techniques. Attention is focussed onto first seam workings in sections of at least 2 metres in the depth range of 400-1200 metres and covers both surface and underground exploration. The case studies of exploration techniques and their effect on mine design at several existing collieries are representative of a wide range of geological environments within the more productive British coalfields. Notwithstanding such improvements in exploration and geological reliability, further new exploration technology is currently being investigated or trialled by British Coal.

Jan 1, 1991

On the face of it this is an easily answered question. Modern technology and life as we know it today would be impossible without industrial minerals and the responsible utilisation of mineral resources is essential for the economic wellbeing of the nation. The quarrying industry supplies a high percentage of the industrial minerals used in New Zealand and our role therefore, is to ensure a constant supply of high quality roading and concrete aggregates so that society and the community as a whole can develop. We must do this in a manner which causes the least possible disruption to members of the community, which efficiently utilises all the valuable resources, which causes as little pollution as possible and last but by no means least, creates realistic profit for the operator. It is only by achieving a reasonable profit that we are able to continue in business and therefore play our part in the development of the country. Unfortunately, quarries have a poor image and are not generally popular, as on the whole, they are noisy, dirty and dusty and attract large trucks which create traffic problems. Judging by the amount of restrictive legislation with which we have to comply today, not even government or the local authorities want quarries which presents the industry with some serious problems, some of which will be outlined in this paper.

Jan 1, 1978

By Silitonga M

Generally, the acceptable parameter for predicting the intensity of ground vibration due to a blast is the amount of explo ive u ed and the distance from the explo ion. A eries of closely controlled tests were carried out and it was observed that the degree of confinement or burden of an explosive charge play an important role in the variation of the transmitted magnitude of the shock wave through the ground.The intensity of the shock wave increases with burial depth or with greater confinement of an explosion until a critical depth is reached.Beyond this critical depth, the magnitude of ground vibration remain constant. This is an important finding, which explains the anomalies between the expected level and the monitored ground vibration in a particular situation.

Jan 1, 1984

Both blast furnace and steel furnace slags have been used extensively and successfully on main line railroads in the United States for more than 25 years. Annually, these slags are being used as ballast at the rate of about 4 million tonnes of blast furnace slag and 1 mil- lion tonnes of steel furnace slag, much of it on main line with 90 metric tonne car loadings. More steel furnace slag would be used if it was available. Both slags meet all the specification limits of the American Railway Engineering Association. Actual use on high density rail- roads has confirmed the long range economics of their use. Comparison of laboratory tests, such as Los Angeles abrasion, with actual field per- formance has shown conclusively that commonly used laboratory tests can not be used to accu- rately compare the quality of various types of ballast materials.

Jan 1, 1979

By G Johnson, G W. Wilson

The settlement and drainage behaviour of co-mix, or mixtures of waste rock and tailings, are examined in a column study. Three co-mix profiles were observed for settlement, drainage, and pore water pressure response. A fourth profile with waste rock and no tailings was also observed for settlement. Co-mix consolidated faster than predictions for tailings alone, and maintained a saturated void space relative to waste rock alone. Practical benefits of co-mix as a waste disposal technology may include faster time to consolidation than tailings, a reduction in total settlement of placed material compared to tailings alone, and a reduction in acid drainage by limiting the flow of water and oxygen through maintenance of a saturated void space.

Jan 1, 2003

We have been exploring for minerals in Australia for over 100 years and our methods are constantly improving - but why do we pros- pect? Is the effort justified? Obviously the main motive is economic gain. It is now and always has been but conditions are changing rapidly. Once it was the prospector who could cash the nugget. Then it was the syndicate, the small company, an amalgamation of small companies, the large company, the corporation; the multinational corporation - where do we go from there? Early there was personal satisfaction and excitement in out-door activity which gave scope for individual energy, hope and in some cases reward. There still remains the satisfaction, either individual or corporate that a mineral discovery creates new wealth and makes a contribution to the nation's well being. Parallel with developments has always been the growth of restraints on exploration, frequently out of phase with the current mineral developments - miners' rights, licences, titles, royalties, mining laws and regulations, taxation etc. As the operations have become more complex so the restraints have become more confining until it is now very necessary to question whether the chances of economic gain justify the risk and responsibility of mounting costly mineral exploration leading-to extensive capital development.

Jan 1, 1974

By Bailey H. W

Power supply for remote mining developments is compared with supply to the general public with the conclusion that the private power plant operator has many opportunities to minimise his costs which are not open to public utilities. The main features of diesel, gas turbine and steam power plant and the limitation upon their application which may be imposed by the fuels available and the local conditions at remote sites are outlined. Reference is made to the value of joint examination by the mining engineer, metallurgist and power engineer to decide how to make best overall use of capital, labour and energy in co-ordinating the design of power and process plant and in setting no more than adequate standards of reliability and efficiency. Fluctuations in world markets make it difficult to plan mining operations to a firm time base. Suggestions are made to minimise the financial risk in forward expenditure upon power plant which in large sizes due to longer construction time may have to be ordered before a final decision is taken upon the mining development it is to serve.

Jan 1, 1973

There have been many developments in recent years in pipeline transport to enable them to be more widely used in industry. Substantial tonnages of materials that are not affected by water, such as coal and other minerals, aggregates and wastes, can be moved over considerable distances in quite small diameter pipes. Where there are no existing road or rail facilities, long-distance pipelines are usually cheaper to install, and this advantage increases in difficult terrain. Pipeline operators all over the world assert that hydraulic lines pay for themselves in a relatively short time, in spite of the heavy capital outlay, and this is equally true for lines convey-ing slurries or pastes within a plant complex.'This paper reviews some of the more important investigations in the hydraulic transport field. Although reference to systems carrying a wide range of materials is made, the majority of recent published data centres on coal transport.The paper looks at the application to a wide range of particle sizes, the development of non-aqueous slurrying media and coal/water fuels. The review also looks at some of the equipment being proposed to provide more reliable operation and in particular the range of solids-handling pumps now available.-The paper goes on to identify areas where further research and development is required and some of the many organisations undertaking this work.

Jan 1, 1985

By Somasundaran P

Controlled modification of mineral/liquid interfacial properties by adsorption is critical for mineral processing operations such as flotation, filtration, dispersion and flocculation. Ionic/nonionic surfactant mixtures usually show enhanced surface activity and salt tolerance over ionic surfactants, and this is especially beneficial for flotation of salt type minerals in which case dissolved multivalent cations in high concentrations usually cause loss of anionic surfactants by precipitation. Adsorption of nonionic/anionic surfactant mixtures on kaolinite has been studied with sodium dodecylsulfate as the anionic surfactant and octaethyleneglycol mono-n-dodecylether as the nonionic surfactant. Synergistic interaction between these surfactants was found to cause adsorption of the nonionic surfactant with its hydrophilic chains protruding into the bulk, leading to substantial changes in flotability and dispersion characteristics of kaolinite. Similarly, hydrophobicity changes are observed also' for silica particles upon adsorption of nonionic ethoxylated alcohols owing to possible changes in the orientation of the adsorbed surfactant species at the interface. Also, based on the results obtained with surfactant adsorption, a hydrophobically modified polymer was used successfully to disperse graphite particles in aqueous solution.

Jan 1, 1993

Many of the discrepancies that appear when comparing the results of reducing machinery are due to the nature of the materials reduced and the conditions under which they have been treated. It is therefore necessary that manufacturers should employ standard materials in their tests that sufficiently approximate the substances to be ultimately treated if the information is to be of any value to the purchaser. Another advantage to be gained by employing universal standard materials is that by their means one is enabled to compare the relative values of different types of machines. At present much of the data meted out to the public is insufficient to enable them to judge fairly. Of course the best test would be to send some of the stone tor which the machine is required, to be treated by the various crushers in the market that are likely to be suitable for the purpose, but this is not always possible. It would not take long to become accustomed to judge of the value of a machine for a specific purpose if it was guaranteed to work a certain quantity of some standard rock, even if that standard were not identical with the material to be treated.There are many points to be considered before selecting a machine, such as the size of the rough stone it will take, the size to which it will reduce it the proportions of various grades made when crushing to pass through a given mesh the form of the delivered particles the time taken to treat a+ certain quantity the horse-power required to drive the machine, both when loaded and unloaded whether constructed to crush wet or dry the wear and tear of the machine its total weight and weight of the heaviest part the cost of machine what attention it required whether the wearing parts are readily replaced, and several other points common to all machinery. 'When considering these varying quantities, we can tell at a glance certain machines that are suitable for a particular sort of work, and can then compare those belonging to the same class, thus avoiding errors made purposely or through ignotance by persons interested in different machines, who frequently compare machines originally constructed for.

This paper deals with the Australian taxation laws, and in particular the income tax laws, as they apply to mineral exploration and development both in Australia and off-shore. The Australian tax laws are imposed principally at a Commonwealth level. The most important Commonwealth taxes are Income Tax, including Capital Gains Tax, Fringe Benefits Tax, Sales Tax, Customs Duty, Excise Duty and Bank Accounts Debits Tax. The States of Australia impose Stamp Duties and Financial Duties, Payroll Tax and Land Tax. The Australian Income Tax Law including Capital Gains Tax, is the most significant tax in the country. The principal features of the income tax law are as follows: tax is imposed on a taxable income being the assessable income less allowable deductions; a full imputation system of company tax applies; a foreign tax credit system applies to both companies and individuals; capital gains are taxed as income and subject to income tax rates but the gain is inflation adjusted. Australia has negotiated tax treaties with most of its trading partners based on the OECD model; and special tax concessions apply to the mining industry.

Jan 1, 1987

The paper describes the $US240 million expansion at Hudson Bay Mining and Smelting Co LimitedÆs operations in Canada. The company has been continuously producing copper and zinc from local area mines at its Flin Flon metallurgical plant since 1930. The paper details the companyÆs operational turnaround since 1995 and æThe 777 ProjectÆ which includes: two new mines, expansion and modification of the concentrators, expansion of the zinc pressure leach plant, a new zinc electrolytic cellhouse and the modifications to the copper smelter gas handling system to reduce ground level gas emissions.

Jan 1, 2000

By Morrison RD, Simmons CJ

A bewildering array of process control instrumentation is currently available for mineral processing plants. For sequencing control, special purpose microprocessors or the process control computer can be used. Where continuous control is required, then the choice is between pneumatic controllers, electronic controllers, shared display micro- processor systems and direct digital control. The benefits of each system are discussed and the advantages of using direct digital control in mineral processing plants are outlined. The factors which need to be considered when selecting control systems for new plants are listed. Instrumentation systems designed by Fluor Australia are used as case studies to illustrate the selection process. For established plants, conversion to direct digital can be advantageous, and case studies are given. However, replacement of existing systems requires justification based on a productivity improvement which will allow the control equipment to be paid for within a specific time period. Productivity improve- ments maybe assessed in terms of increased

Jan 1, 1978

The evolution of mineral sand mine rehab ilitation techniques have been techniqually based. Research and investigations have been carried out by government authorities, mining companies and academic institutions. Protection of the physical and biological environments is a vital part of any mine oper- ation. The Mineral Sands Mining Industry in New South Wales is successfully working within the State's environmental framework and is meeting; community requirements and expectations concerned with the environment and mine rehab- ilitation. Keywords: Environment, mineral sands mining, mine rehabilitation, revegetation.

Jan 1, 1986