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By E. Lutz, M. Momayez, K. W. Brown Requist

As real-time air quality monitoring becomes more prevalent in US underground mines, it is important to provide the highest data reliability with the fewest possible sensors. Real-time sensors remain costly, and these costs are not exclusively financial; the time required to install, calibrate, and maintain real-time sensors poses a large barrier to widespread implementation. Current atmospheric monitoring systems typically rely on displaying point-specific values. This requires operators to infer real-time airborne contamination distributions. Monitoring and control software utilizing mine ventilation network (MVN) solvers has been implemented in limited cases because of their ability to simulate ventilation systems quickly, but these solvers use a one-dimensional representation of the mine, limiting spatial resolution of estimated distributions. Computational fluid dynamics (CFD) has likewise been considered as a means to improve spatial resolution, but processing times prevent its use as a basis for monitoring and control. For the real-time monitoring of airborne contamination distributions, we propose a spatial interpolation method that can estimate the distribution of airborne contaminants in near-real time. This method provides a middle ground between fast processing times and increased spatial resolution. With the use of a pathfinding algorithm and optimization through absolute percentage error minimization, this method outperforms spatial interpolation with a Euclidean distance. By providing contamination distribution information to operators, this method and its derivatives stand to outperform current atmospheric monitoring systems.

Apr 16, 2024

1. USSR co-operation International Mining, the London-based publication, has received USSR Government approval to publish a Russian language edition for circulation in the Soviet Union. 2. Mintek publications Special Publication no. 11. World chromite resources and ferochromium production, by M.H. Silk. 1988. 160 pp. South Africa RlOO including postage; elsewhere US$lOO including postage. Application Report 4 The development and implementation of novel refining processes for the platinum-group metals (including the refining of anode slimes). 1988. 16 pp. Report M249D The acid activation of local clays including solid-liquid separation, by P.M. Cole and G.F. Lahoud. First issued Mar. 1986, reissued Apr. 1988. 46 pp. ReportM250D The production of refined feromanganese in a transfered- arc plasma furnace, by A.F .S. Schoukens and M.Ford. First issued Mar. 1986; reissued Apr. 1988.23 pp. ReportM257D Extraction of gold from eastern Transvaal concentrates by roasting and cyanidation, by J.J. Robinson. First issued Apr. 1986; reissued Apr. 1988. 55 pp. ReportM267D The recovery of gold from backfil by gravity separation, by R.N. Guest. First issued Jun. 1986; reissued Apr. 1988. 18 pp. ReportM285D Autogenous miling of kimberlite, by D.I. Hoyer. First issued act. 1986; reissued Apr. 1988. 11 pp

Jan 1, 1988

By T. Bohmer, L. Auret, N. Pillay, Z. Horn, P. Rambalee, A. Haasbroek

As part of a broader digital technology-enabled transformation programme, a major mining company is systematically implementing Advanced Process Control (APC) solutions and associated instrumentation throughout their operations. This paper highlights the approach and benefits of this holistic approach for a specific instrumentation installation, and APC installation at a South African coal processing plant. For the coal processing plant under consideration, a systematic approach was followed. Process sections/units are considered from upstream to downstream processing. APC solutions are designed for each process section and each process section is interrogated in terms of availability of sufficient process measurements to ensure stable, capable, and ultimately, optimised performance. Where insufficient process measurements are available, instrumentation upgrades are implemented. Finally, APC solutions are implemented, and evaluated in terms of productivity, safety, health, and environmental benefits. For the flotation section, an opportunity was identified to install froth sensors. The installed froth sensors provide measurements on froth velocity, bubble size, height, colour, and stability. The improved visibility that the froth sensors provided on the flotation process resulted in quick gains in terms of productivity: for example, instability in the feed to the flotation section could be quantified. This resulted in targeted process troubleshooting in an upstream thickener, and subsequent improvement of process stability, and reduced feed variance. The measurements from the froth sensors were further integrated in an APC solution. Proportional mass pull contributions per cell and per line can be inferred from the froth sensors, serving as controlled variables, while pulp level set points serve as the manipulated variables. On-off tests indicated that the advanced process control solution provided increases in yield and product quality.

Sep 1, 2021

By F. W. Petersen

The Conference Minerals & Materials '96 was held in Somerset West, South Africa, from 31st July to 2nd August, 1996. It was organized by the Universities of Stellenbosch and Cape Town, the Cape Technikon, and the Western Cape Branch of The South African institute of Mining and Metallurgy (SAIMM). The three-day Conference was attended by 180 delegates, representing countries such as Australia, South Africa, United Kingdom, Finland, Sweden, Germany, Poland, Zambia, and Zimbabwe. The programme and associated exhibition were well organized, and each of the delegates received two volumes of proceedings containing the 77 papers presented at the Conference.

Jan 1, 1996

By C. Banff, E. C. F. Hamman, J. Venter

Open pit slope stability analyses for large scale instabilities are often carried out using limit equilibrium, finite element or finite difference computer programs. All of these require empirical estimates of rock mass shear strength when calibrated values are not available, which is a common occurrence. A common method of estimating rock mass shear strength is the Hoek-Brown failure criterion, which often over- or underestimates rock mass shear strength when used in limit equilibrium or elastic linearly plastic slope stability analyses, resulting in published alternative estimates for the coefficients of the Hoek-Brown failure criterion. This paper investigates the differences between limit equilibrium and elastic linearly plastic slope stability analysis based on the Hoek-Brown failure criterion. The investigation consisted of a comparison of 3840 RS2 finite element analysis models completed with strain softening, and 216 Slide2 limit equilibrium models. The models were used to evaluate a methodology to determine equivalent limit equilibrium and elastic linearly plastic shear strength parameters that provide the same stable slope angles and instability back break distances as the more representative strain softening stress analysis methods. This paper presents the methodology and compiles the results into design charts and equations for equivalent limit equilibrium Mohr-Coulomb shear strength parameters, that simplify calibration against actual case studies. The results compare well with older empirical shear strength estimates, however, a detailed calibration of the results against case studies will need to be carried out. The analysis also did not consider pore pressure effects; this is left for future publication.

Sep 1, 2025

By J. W. van der Merwe

Technology is advancing at a rate that makes it extremely difficult for the mining Industry to keep pace. Many advances occur within a given piece of technology and often this is missed by the disciplines that could have gained advantage by its implementation. Often this may have been simply an aspect of cost exceeding benefit. However, there are some technologies that potentially have such a far-reaching impact on the mining industry that the benefits simply outweigh the cost. The application of 3D laser scanning in the mining industry has the potential of taking the concept of ?Google maps?? underground. This presents an opportunity where the virtual world of underground can be traversed with relative ease and many aspects of measurements could be obtained without having to visit the working place again, potentially saving countless man-hours and still delivering precision work with significant savings in downtime, stoppages, and exposure to safety incidents. Anglo American Platinum maintains its competitive advantage though the review and application of appropriate technology. This paper describes the 3D laser scanning trial at one of Anglo American Platinum?s new shafts, and goes on to show the benefits encountered through the application and the involvement of the various MRM disciplines.

Jan 1, 2012

By A. D. Pienaar

The aqueous chemistry of niobium and tantalum compounds with hydrofluoric acid is a mature field of investigation. In contrast, very little attention has been paid to reactions of these compounds in non-aqueous environments. Similarly, reactions of elemental fluorine with niobium and tantalum compounds have received little more than cursory attention in literature. This work discusses the isothermal reaction kinetics derived from thermogravimetry, using a less redundant approach than is currently the standard. We also discuss the most likely kinetic models for this reaction.

Jan 1, 2012

By T. Szendrei, S. Tose

The Gurney approach to explosive/inert material interaction was adapted to analyse the face velocity in bench blasting. The model is based on the blasthole diameter, rock and explosive density, burden, spacing, linear charge density, and the Gurney energy constant. It is validated by comparing its predictions with a set of 20 field measurements of face velocities reported by Chiappetta et al. (1983) in an iron ore mine. The Gurney model links the observed large scatter of measured face velocities to the variation of the Gurney energy constant. This in turn is linked to the variability of the gas pressure acting on the burden. These variable pressures are generated when detonation product gases migrate into the extensive and complex fracture network around and between in-row blastholes. The energy efficiency of burden movement can be derived from the model. It is shown that ~7% of the explosive’s chemical energy is available for gas expansion work on the burden; of this quantity, 36% is actually converted to burden kinetic energy. That is, less than 3% of chemical energy is ultimately expended in burden displacement and throw. The model further indicatesnthat the projection of high-velocity (say, 100 m/s) flyrock is possible only when the path of leastnresistance through the burden has an effective density far less than the host rock. An equationnis derived that identifies the combinations of burden and path density that may yield flyrock. These values are specific to a particular baseline blast design.

Jan 30, 2026

By J. Petersen, S. W. Robertson

Heap leaching is used extensively for the processing of low-grade copper, gold, and uranium ores. The hydrodynamics is often the most important factor that limits the rate of metal recovery. Over the past decades the author has performed physical and hydraulic testing of a large number of ore samples considered for heap leaching. The data were reviewed to investigate the effect of physical properties such as particle size distribution (PSD) and bulk density on the hydrology. The unsaturated flow through the bed is traditionally modelled with soil science models such as Brooks-Corey (BC) and Van Genuchten-Mualem (VGM), which relate the hydraulic conductivity to the degree of saturation, also known as the hydraulic conductivity function (HCF). However, most authors found a disconnect between the saturated hydraulic conductivity (KS) and the rest of the HCF, which is explained as resulting from a transition from capillary-to gravity-controlled flow. However, the author found no such transition, and found the flow to be governed by capillary flow throughout. Traditional BC or VGM fits were found to be appropriate, however it was necessary to modify the model to include a point of inflection, above which the hydraulic conductivity remains constant while the moisture content keeps on increasing. It was proposed that this is the result of unconnected or poorly connected pores, which fill with solution but do not create additional flow channels. The point of discontinuity was also found to correspond with the air entry point, measured independently from the air conductivity curves. On average, the air entry point corresponds to the experiential rule that the void saturation should remain below 65% for aerated heaps.

Dec 11, 2024

The June General Meeting of the Branch was held in the St. Helena Club on Wednesday, 18th June, 1969. Mr J. G. Kirchner (Chairman of the O.F.S. Branch) was in the chair. There were also present: Eight Members: Messrs A. F. Leger, J. N. Saunders, T. Zadkin (Committee Members), Messrs M. G. Cullen, M. S. Grobler, C. J. Isaac, S. L. S. Swart, P. S. Turner. Eight Associate Members: Messrs R. Campbell, D. E. Couperthwaite, J. D. Couperthwaite, A. Hepburn, P. A. Hoffman, H. J. Reeders, R. B. Sutherland, P. R. Wheeler. Two Graduates: Messrs M. T. G. Davies, B. D. Goodwin. Two Affiliates: Messrs L. D. Hulley, K. L. Wilson. Three Visitors. Total Present: 24. Apologies were received from Mr L. O. W. Leimer. The Chairman declared the meeting open and, after extending a welcome to all visitors, said that it was his sad duty to announce the recent death of Mr. R. Jack, Associate Member. As a mark of respect to the deceased and in sympathy with the bereaved, those present stood in silence for a few moments. MINUTES OF PREVIOUSGENERALMEETING The Minutes of the Previous General Meeting held on the 19th February, 1969, which were published in the April Journal, were taken as read and their adoption proposed by Mr J. N. Saunders and seconded by Mr D. E. Couperthwaite. MA TTERS ARISING FROM THESE MINUTES There were no matters arising from these minutes. ELECTION OF SCRUTINEERS Mr V. J. Isaac proposed and Mr M. S. Grobler seconded a motion that Messrs J. G. Kirchner, J. N. Saunders and M. G. Cullen be elected scrutineers in the forthcoming election of Committee Members. GENERAL BUSINESS The Chairman announced that a visit to the South African Railways Workshops in Bloemfontein had been arranged for the 23rd July, 1969 and expressed the hope that this would be well patronised. TALKS The Chairman called first on Mr D. E. Couperthwaite to present his paper on 'Heavy media separation' and then on Mr A. F. Leger to present his paper on 'Engineering plastics'. Both presentations, which were illustrated with diagrams, proved of great interest to all members. A vote of thanks to both speakers was proposed by Mr T. Zadkin. CLOSURE After thanking the speakers, the Chairman thanked all present for their attendance and declared the Meeting closed at about 9.30 p.m. Refreshments were then served.

By Q. Li, B. Ricks

Over the last several decades mineral concentrate long distance slurry pipelines have been installed and successfully operated. Nearly all were installed via the buried construction method. Their record of depend ability and economy has been well proven. However, these systems operate in regions where seasonal soil frost penetration is shallow or non-existent. In recent years interest in long distance mineral concentrate pipelines in northern cold regions has been increasing. For cold regions one must consider seasonal temperatures and soil frost penetration in order to ensure reliable operations through the year. Herein a case study is developed where heat balance and temperatures for small and large diameter long distance slurry pipelines are compared. The study development is as follows: ?Rheological properties are analysed over range of temperatures from near freezing (4ºC; 39ºF) to relatively very warm (40ºC; 104ºF). ?Then assuming similar climatic conditions, soil properties, and pipeline length, a study is carried out for two pipeline diameters, namely: a small diameter (nominal8 inch; 219.1 mm) and a large diameter (22 inch; 558.8 mm). ?The study focus is on maintaining slurry temperature above freezing throughout the pipeline length by illustrating a decision based on burial depth versus coating the pipeline with insulation.

Jan 1, 2007

By S. Burks

This paper develops the themes explained at the previous SAIMM Platinum conference by Whittle and Burks1. Optimization techniques can be used to significantly increase the value of mining businesses by enabling better long- term planning decisions. Open pit and underground mine design, mine scheduling, cut-off grade and blending, stockpiling, and the linking of these to flexible elements of the metallurgical recovery processes are all evaluated together. Transport or sale of intermediate products and the requirements of the product metal markets can also be considered. Experience shows that net present value (NPV) can potentially be increased by 5-35 per cent or more, usually even before the expenditure of significant amounts of project capital. The case studies presented include: ? An existing operation with multiple open pits and PGM concentrators linked to offsite downstream processing facilities, and with infrastructure constraints for which the scheduling of current operations and the potential for expansion were investigated ? An existing operation with an integrated portfolio of mines, concentrators, smelter and refinery, for which the various possible sources of ore for processing were prioritized to match the downstream process plant constraints and the product markets ? An underground operation in Zimbabwe for which the optimum mining width was calculated and expansion plans were evaluated ? An underground mine with many separate mining sections, for which a revised schedule was developed aiming to keep the shaft system and processing plant at capacity with the highest net value material available at any time throughout the life of mine. In the concluding section of the paper, a few brief notes are included suggesting how the strategic recommendations from enterprise optimization studies may be implemented by the Owner?s team.

Jan 1, 2012

By H. E. Bartlett

Previously, the grade of ore at the shaft head was taken to be equivalent to the grade measured in the faces by means of chip sampling. The tonnage mined from the stopes is determined from survey volumetric measurements. Estimates of shaft head grade and tons include the grades and tons of waste, development ore, sweepings from old areas, and other sources, not all of which are sampled. The tonnage of ore delivered at the shaft is often estimated using skip factors. These factors are subject to manipulation and not all the skips are filled to the same level. Consequently, both the grade and tonnage of ore delivered at shaft head are subject to a measure of uncertainty. For many years, these uncertainties have led to disputes between shaft managers and metallurgists over the reconciliation between shaft tons and grade and plant tons and grade. These problems are compounded when several shafts feed a central processing plant. Shaft bonuses and a shaft?s profitability are affected by poor gold allocation methods. Without measurement of the grade and tonnage from all shafts, a poorly performing shaft could benefit at the expense of the other shafts. In order to improve the measurement of grades and tonnage at the shaft head, which is the custody transfer point between the mine and surface operations, South African mining companies have developed a methodology to measure the mass of ore from each shaft using rail weighing equipment, and the run-of-mine grades delivered from each shaft using cross-stream (go-belt) sampling. Harmony Gold Mining Company has implemented the rail weighing and go-belt sampling methods for their shafts. This paper deals with the statistical tests on the procedures and control measures that are in place to establish confidence in the gold allocations. The metal accounting system for examining the allocations follows the first principle of the AMIRA P754 Metal Accounting Code of Practice namely ?The metal accounting system must be based on accurate measurements of mass and metal content. It must be based on a full check-in check-out system?. The check-in is mass and grade of run-of-mine ore and the check-outs are the plant input grades and the recovery and residue from the plant. The balances between check-in and check-out are the subject of the statistical analyses, which have been conducted using the classical statistical tests and procedures that are generally used in all fields of endeavour. It is concluded that the gold allocation procedures that rely on go-belt sampling and rail weighing of ore from shafts has been successfully implemented, and that the system, which has been in operation at Harmony since 1993, has won general acceptance from stakeholders, with the gold allocations being perceived as being fair to all. Apart from the on-mine issues of bonuses and fair allocations, accurate metal accounting assists in the broader issues of generating accurate production figures for management. An added benefit of weighing and sampling ore at the shaft head has been that shafts now have daily moving average grades, which are used for grade control. The go-belt sample at the shaft head is the first accurate sample of production in the value chain from face sampling to gold bullion. Keywords metal accounting, go-belt sampling, run-of-mine sampling, codes of practice, AMIRA P754, train weighing, statistical analysis, gold split, allocation of gold, metal balance, grade control.

Jan 1, 2014

By R. B. Ngenda

The ?Kolwezi Zinc Plant?, in French ?Usines à Zinc de Kolwezi? (UZK), has produced about 910 000 dry metric tons of residues during the hydrometallurgical treatment of calcines from sulphide zinc concentrates. The zinc hydro plant residues contain on average 19.47% Zn, 2.7% Cu, 2.1% Pb, 26.6% Fe, 0.12% Cd, 0.39% As, 157ppm Ag, 447.8 ppm Ga, 475.4 ppm Ge, etc. This material was dumped in five ponds in the vicinity of the plant. The high Fe content in the ore concentrates induced important conversion of some of zinc and copper into ferrites during the roasting process. Those ferrites are very stable compounds, which are difficult to leach with dilute sulphuric acid solution. Therefore, they mainly report to the leaching residues. Hot leaching has been successfully applied to the treatment of zinc hydro plant residues. The method, however, presents the disadvantage of simultaneously dissolving iron(Fe). It is then necessary to remove an important iron quantity from solution prior to zinc and other metals recovery.

Jan 1, 2009

By S. T. Johansen, B. T. Løvfall, T. Rodriguez Duran, J. Zoric

A methodology for building pragmatic physics-based models is here adapted to predict the erosion of ladle linings in the steel industry, in order to support operators when deciding whether the lining can be used safely for another heat. A defective lining may allow 140 t of molten steel to spill, with disastrous consequences for workers and plant. The adopted work flow for the development, challenges faced, and some model results are presented. One key learning outcome is that model development should allow time for maturing the process understanding, as well as for many iterations by ‘questions-responses and actions’ at various stages in the model development. Good interaction between the development team and industry case owner is an important success factor. Combining or extending the model with the use of machine learning and cognition-related methods, such as knowledge graphs and self-adaptive algorithms, is discussed.

Apr 16, 2024

By S. Moolla, R. Lynch, S. Brijraj

A reliable method to locate microseismic evets is an important objective for routine mine seismic monitoring. We developed an algorithm that can automatically and reliably locate an event from a single uniaxial trace. Signals created by microseismic events are recorded as seismograms that consist of direct P- and S-waves as well as the waves reflected off the underground excavations. We take advantage of the extra complexity these reflections introduce as they make the signal more unique. In our investigation we cross-correlated unaltered synthetic seismograms against trial waveforms created from a linear combination of appropriate waveforms from a library of numerically calculated strain Green’s tensors. We use a single uniaxial synthetic seismogram to invert for the source location, six moment tensor components, and frequency. The resulting cost functions are constructed as maximal correlations at each node in the mine grid through the true source x-planes. This function is maximized by differential evolution to simultaneously yield the source parameters. Sensitivity tests such as shifting the mine plans and altering the background velocities of the media are investigated to test the robustness of the method. We contaminate the data with 40% white noise to test the resolution against simulated real recorded seismograms. The method is demonstrated using synthetic data calculated with a realistic underground 3D velocity model.

Jun 10, 2024

By R. J. Davidson, W. D. Douglas, J. A. Tumilty

SYNOPSIS Two pilot plants operating on different types of carbon were used to generate steady-state adsorption data in the treatment of gold-plant solutions of high and low tenor. A pilot plant comprising three 4 m long columns and using 3 mm extruded activated carbon was used to treat pregnant solutions with a gold concentration of 5 to 8 g/t at pH 10 to 11,5. Column influent was pumped at a super¬ficial flow velocity of 0,5 m/min while the carbon was moved daily so as to effect gold loadings on the carbon of 5 to 10 k /t. With a carbon-bed depth of 12 m, an adsorption efficiency of 99,9 per cent was obtained in a bed depth of 9 m, which was subsequently reduced to 8 m when the depth of the carbon bed was reduced to 8 m. This improvement in efficiency was attributed to the reduced residence time of the carbon from 12 to 8 days. A corresponding decrease in adsorbed silica indicated that some silica fouling of the carbon had occurred. A second pilot plant, comprising a single column 6 m in length and using coconut-shell carbon of 1,0 to 2,4 mm, treated a solution with a gold concentration of 0,7 g/t at pH 8,0. Feed solution was pumped at a superficial flow velocity of 1,0 m/min while carbon was moved every 8 hours to give gold loadings of more than 5 kg/t. An adsorp¬tion efficiency of 99,5 per cent was indicated at steady state. Intermittent washing of the column with dilute hydrochloric acid was shown to have a beneficial effect on the gold adsorption and to reduce the pressure drop across the column. Intermittent washing with dilute sulphuric acid indicated that there had been some passivation of the car¬bon during the treatment of a solution with a gold concentration of only 0,2 g/t. Compared with other adsorption systems, the countercurrent moving bed appears to offer significant advantages in terms of metallurgical efficiency and capital investment. The inability normally associated with moving-bed systems to treat solutions containing suspended solids may be overcome to a degree by the use of relatively coarse extrud¬ed carbon.

Jan 1, 1985

By M. Splaine, W. Davison, D. C. Atkinson

"Since 1964, Nchanga Consolidated Copper Mines, Ltd., has been developing and using production scheduling methods for optimizing its metallurgical operations in the short term (up to one year). Medium-range metallurgical planning has been possible only by successive evaluations of a single-year L.P. A modified version of Rosenbrock's direct search technique has now been developed to allow multi-year optimization of both mining and metallurgy for medium-range planning. The modifications to the search technique have produced a marked increase in computational efffciency for this heavily constrained problem in many variables and the system is a usable planning tool, given a reasonably powerful computer. The plans are 'optimum' in the sense that they yield the maximum present value of the operations.Each of the resulting five-yearly mine plans forms the basis for further detailed metallurgical evaluation by the established production scheduling system."

Jan 1, 2014

By D. K. Weatherley, T. P. Oladele, L. B. Bbosa

Comminution is a critical stage of mineral processing which aims to reduce the size of ore particles through breakage, consequently increasing the likelihood of liberation of valuable minerals. Several factors, such as pre-existing cracks, mineralogical composition and particle size, are known to affect ore breakage behaviour. While investigating the contributing role of each factor is essential to improve understanding of breakage, isolating individual factors by experiment is typically impractical. Numerical techniques such as the Bonded Particle Model-Discrete Element Method (BPM-DEM) have been developed as a means of studying closely controlled breakage conditions. This study evaluates this technique in modelling the effect of pre-existing cracks breakage behaviour for synthetic ore specimens during impact breakage in a short impact load cell (SILC). Synthetic ore was modelled as a collection of discrete entities connected by brittle-elastic beams. Model parameters were calibrated against macroscopic material properties of a conventional homogenous synthetic ore. The extent of pre-existing cracks within specimens was prescribed by varying discontinuities between the connecting entities. An approach with the insertion of seed points was used to model the mineralogy of the specimens. Results showed that pre-existing cracks resulted in a decrease in the fracture force as the crack density increased. Additionally, the irregularity of fracture patterns within rock specimens after impact became more apparent as the crack density increased. The findings were used to emphasise some of the attributable causes of the variation observed between ore hardness characterisation tests and in situ ore behaviour. Keywords: Element Method; Bonded Particle Model, synthetic rock sample; rock fracture, preexisting cracks

Jan 1, 2020

"Investment in diamond exploration has been declining over the past decade, in spite of positive long-term industry fundamentals and a growing interest in diamonds as an investment category. The lack of new significant discoveries in recent years has eroded investor confidence, yet no new discoveries are possible without investment in exploration. Junior ‘mine finders’ have been the hardest hit. Their agility, tenacity, and appetite for risk are not sufficient to attract the funding required, even at the greenfield stage. Developing new discoveries into mineral resources can be crippling without solid financial support. Junior incubators could play a crucial role, especially at the project evaluation stage – but where are they? Alternatives to traditional funding mechanisms have become available, many still untested in the junior diamond exploration space. Valuable lessons can be drawn from the past and used to inform emerging new strategies. IntroductionDiamonds are the ultimate expression of love. Their ancient and timeless allure continues to influence consumer emotions and behaviours across continents, cultures and age groups. Analysts are predicting a sustained supplydemand shortfall in the years ahead which will trend diamond prices generally upwards. With positive long-term industry fundamentals, one cannot help but wonder why funding for diamond exploration and development projects is so scarce.Investment in exploration across commodities – including diamonds – has been declining for a number of years, reaching a historic eleven-year low early in 2017. The lack of major diamond discoveries in recent years has done little to strengthen the case for investing in diamond projects, yet no new discoveries can be made without investment in exploration.Global estimates of known carats in the ground stand currently at 2.5 billion carats, which equates to around 18 years of production at current levels of 140 million carats (mct) per annum. Sustainable replenishment of depleting diamond resources is possible only through the development of new discoveries. This is what junior explorers are best at – but they need investors to fund their evaluation activities from early in the project development continuum."

Feb 1, 2019