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By Massy-Greene RB

Limited recourse financing techniques reduce the financial exposure of equity holders to major mining projects by transfering some of the risks to the banks which provide loan funds for project development. This can only be achieved by a clear understanding of the principles involved. Engineering and management decisions on how the resource is to be developed and extracted must be made in the light of lender's requirements. The structure of sales contracts, joint venture agreements and many other documents can be important in limited recourse financing. If projections show that the debt can be repaid from project cash flow, loan agreements and other arrangements can restrict lenders ability to look to the equity holders for repayment of project loans.

Jan 1, 1981

There is no good news! The market environment for raising capital for resource projects is getting tougher. The regulatory and accounting environment is fast becoming more difficult and the hurdles to successfully raising debt, lease, equity or hybrid finance are now considerably higher. As ever, well structured companies and capital issues can and will survive, if not thrive. An outline of the market and regulatory environment for successful issues is set out below, followed by some comparison of stockmarket values of resource assets compared to more technical appraisals.

Jan 1, 1990

By D C. Laurence, J Holden

Seafloor massive sulfide deposits contain bonanza grades of gold, silver, copper and zinc metals. The deposits are often found at depths of one kilometre or more. They are characterised by active chimneys or smokers venting fluids at over 300¦C, with extremely low pH values. Mining of these deposits presents risks for both industry and governments at orders of magnitude higher than terrestrial mining This paper briefly discusses some of the core risks concerning the development of SMS mining including: technical, economic, environmental, legal, social, and research and development. Until and unless these risks are eliminated or minimised, the embryonic deep sea mining industry will remain just that, and these deposits will remain a fascinating, unexploited geological curiosity.

Jan 1, 2003

By Ritchie I, Fleay J

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

Jan 1, 1997

By M Hino, Y Sasaki

Sustainable handling of municipal waste and sewage sludge has an important goal to recycle resources without supply of harmful substances to humans or the environment. The gasification mechanism of phosphorus from municipal waste and sewage sludge during the incineration process has been investigated to develop a phosphorus recovery system. Quadrupole mass spectrometer coupled to an electric furnace is applied to study the vaporisation behaviour of phosphorous gas phases from municipal solid waste (MSW) incinerator ash of sludge during solid-state reduction by carbon. Measurements are carried out in vacuum conditions of 2 x 10-6 Torrs and furnace temperature range 573 - 1773 K, at a heating rate of 7.22 K/minute. It has been found that most of the phosphorus is vaporised as PO2, P2 and P4, in agreement with thermodynamic estimation despite a shift in the temperature regimes.

Jan 1, 2006

An increase in the silver to gold ratio with increase in depth in the main ore shoot of the Crown-Crescent lode in the Emperor gold mine, Fiji, was found to be due mainly to vertical zoning of gold-silver tellurides. The zoning resulted from a two-stage sequence of ore mineralization.The application of some recent studies of the synthetic Au-Ag-Te system to natural gold-silver telluride assemblages is discussed.

Jan 1, 1971

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

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

Jan 1, 2003

The Cooperative Research Centres (CRC) Program was established and is supported by the Australian Government at a total cost of $140 million per year. Six of these centres have been established to help Australia's mineral industry: three in exploration, one in mining and mineral processing and two in extractive metallurgy. Since the CRC Program has now been in operation for five years, it is a good time to ask whether the minerals industry is being served adequately by these centres. In this paper, the performance of one CRC, namely the A J Parker Cooperative Research Centre for Hydrometallurgy, will be discussed in terms of the objectives of the CRC Program. As will be shown, the Parker Centre has made considerable progress since its establishment in 1992.

Jan 1, 1996

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

Jan 1, 2000

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

Jan 1, 1991

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

Jan 1, 1992

The title of this paper implies, and the text explicity states, that Sen and Spottiswood (1984) have found a new mineral species related to geocronite and jorganite. I believe that there is inadequate justification for this claim.The X-ray powder diffraction pattern reported by the authors exhibits a close similarity to that of geocronite, as stated by the authors, which suggests a close structural relationship at the very least. It is therefore reasonable to recalculate the results of the microprobe analysis reported by them to atomic proportions on the basis of the geocronite formula. This calculation, whether based on the formula used by Sen and Spottiswood (1984), or on one derived from a crystal-structure analysis (Birnie and Burnham, 1976), namely Pb18 (Sb, AS)11S46, with a total of 86 atoms, gives the results shown in Table 1.

Jan 1, 1985

By Wenya X, Bingchen C

About 60 per cent of magnesite ores of Haicheng Magnesium Mine, due to their low grade, are not currently commercially exploitable. In this paper, the flotabilities of the main component minerals of the ores were studied in detail with ether amine as collector. Based on. these, a new technique of reverse-direct flotation with single etheramine as collector for the beneficiation of the ores was developed. It gave highly satisfactory results. On the basis of the calculation by means of CNDO/2 method, of the studies of the solution chemistry of magnesite and of the adsorption tests and Zeta-potential measurements, the key mechanism in the new technique about activating effect of Ca2+ on the flotation of magnesite was suggested.

Jan 1, 1993

By J Naser, M Tuck

This paper reports a computational study using computational fluid dynamics (CFD) in a mine ventilation system. Ambient air is injected to a rectangular mine drive through a circular duct. Moisture evaporates from shaft wall depending on flow properties of air in the drive-duct system. The physical process involves simultaneous momentum, heat and mass transfer. A species transport equation is employed to account for the moisture concentration in air. The momentum equation is solved using standard k- model, while energy and species transport equations are solved using standard expressions for moisture evaporation rate and heat flux from the drive wall. The aim of this paper is to investigate effectiveness of CFD simulation in relation to mine ventilation in a drive where a significant mass transfer phenomenon occurs. Results from simulation are compared with existing data from a site in Victoria.

Jan 1, 2005

Technological advances evolve in different ways; many are the result of years of application of scientific method. i.e. Observation Deduction Hypothesis Proof In the mining industry, better explosives, drill bits or reagents are likely to evolve in this way. The scientific method is suited to the application of conventional management structures. Other advances are simply the result of a "brainstorm", or building a better mousetrap. Such inspiration probably resulted in "Split Set" rock bolts, or the first use of a vacuum cleaner principle for shaft mucking. Individual consultants can apply lateral thinking to generate such inspiration. In gathering material for the presentation of this paper, I sent a.letter to all members of the Mineral Industry Consultants Association asking them to nominate problems in the industry requiring investigation. The answers have been divided into two classifications - contract research underway and identified problems requiring solutions.

Jan 1, 1986

By R MacGillivray

The Golden Cross mine was an open-pit and underground gold and silver operation from December 1991 to April 1998. Closure of the mine has been based on an approach agreed among stakeholders. The initial phase was the release of a closure plan which was regarded as the blueprint for the following phases and the closure works required to implement the plan. The second phase involved lodgment of consent applications and their granting for the final water management configuration. The final phase is monitoring, confirmation that the site is performing as required by the closure plan and consents and settlement of final ownership, management and surety arrangements. Industry best practice modelling techniques have been used to finalise closure design and have been shown to be good predictors of site water management and discharge performance. Site discharges are in compliance with toxicology based water quality criteria for the protection of aquatic life and most discharges from the site, including those from the closed cyanide-tailings facility, can now be discharged without further active intervention or treatment.

Jan 1, 2002

Stereological transformation relies on knowledge of the textural characteristic that governs the relationship between the one-, two- and three-dimensional liberation spectrum. Transformation functions can be built from fractionation of real mineralogical particles. Alternatively, transformation functions can be built from simulated textures, geometrical textures or artificial textures. These transformation functions can be useful when the texture of an ore has not yet been characterised for the preliminary assessment of liberation. Recently, Lin et al (1995) developed a methodology for generating such an artificial texture. The artificial texture can be used to produce broken particles of known volumetric composition. Data from image analysis on several artificially generated samples is readily available, and can be used to build the associated stereological transformation function. In this work, the methodology for calculating the transformation function from LinÆs artificial texture is presented. The new texture is implemented for stereological transformation applications.

Jan 1, 2008

A short study showing how first dry fill and later hydraulic sand fill has allowed mining to continue immediately adjacent to worked out areas in a mine 75 years old. This paper is a case study of filling in an old mine where for 30 years filling was not important until ground troubles were experienced after a series of parallel shrink stopes were pulled empty., Dry fill was distributed from the surface via a system of passes and conveyor belts. With the stabilization of the ground it then became possible to continue mining beside and above the old stopes using totally sealed and decanted hydraulic sand fill. A brief description of the dry fill is given and then more technical details of the hydraulic fill. The necessity for a well trained and experienced hydraulic fill crew is discussed along with the problems of filling small stopes in broken ground.

Jan 1, 1973

Thermo Fisher Scientific is a supplier of samplers, instruments, analysers and consumables to the mining industry under the Thermo Scientific brand. The critical need to provide a representative sample to the analyser has played a pivotal role in product development. Products discussed are the Analysis and Sampling Station (AnStat) for mineral slurries, the Coal Quality Manager (CQM) and the prototype Bore Hole Analyser (BHX) with optional drill chip recovery system. Analytical techniques used in the above products are XRF, PGNAA and LIBS respectively. The company also designs and supplies conventional mechanical sampling equipment and complete sampling systems for bulk material applications (historical Ramsey brand). These products and application of them are presented.

Jan 1, 2008

By F Jullian, L Jofre

Many maintenance managers find it difficult to justify investments in maintenance improvement initiatives. In part, this is due to a tendency by mine managers to regard maintenance purely as a cost centre, and not as a process able to influence productive capacity and profit. It is also hindered by a lack of alignment between commonly used maintenance performance measures and key business drivers, and the lack of formal business training amongst maintenance professionals. With this in mind, a model to assist maintenance managers in evaluating the benefits of maintenance improvement projects was recently formulated. The model considers four cost saving dimensions. These are: 1. reduction in the cost of unplanned repairs and maintenance,2. increased or accelerated production and/or sales,3. spares inventory reduction, and4. reduction in over-investment in physical assets and operating costs. This paper discusses the application of this model and a number of numerical examples are given to justify investments in maintenance improvement projects having varying objectives.

Jan 1, 2006