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By A Manfrino

The Iron Bridge magnetite mine and infrastructure project is currently in development as a joint venture between Fortescue Metals Group, Formosa and Baosteel. It is supported by an extensive database of reverse circulation drill hole samples analysed by X-ray fluorescence (XRF), with a large subset tested for concentrate mass recovery, concentrate and tail grades by Davis tube recovery (DTR) testing. A limited number of rock physical testing results, including unconfined/uniaxial compressive strength and crushing work index, completes the database.By combining all available information – assays, DTR results, geology, stratigraphy, mineralogy and rock physical results – and using multivariate statistical analysis techniques, the impact of the critical factors that control concentrate quality, mass recovery and grindability characteristics have been outlined. A set of geochemical groups was created by using a cluster analysis technique from the combined XRF-DTR data. These groups allow optimal separation of material with consistently high concentrate Fe grades and mass recovery. This approach is superior to domaining based on stratigraphic logging or mass recovery as it is commonly used in standard magnetite estimation models. Using the results of a normative mineralogy study, the main geochemical groups were given a mineralogical profile fitting their geochemical characteristics. These findings further refined the understanding of the link between the process characteristics of the samples and their geochemical signature and mineralogy.The geochemical grouping defined on head grades and DTR concentrate mass recovery was generalised into a ‘geomet’ code based solely on the routinely assayed head grades, thus bypassing the need for systematic DTR testing. The geomet code identifies spatial domains with homogeneous geochemistry, mineralogy and process characteristics in both oxide and fresh material that form the basis of the current Iron Bridge resource model. The allocation of geometallurgical characteristics in terms of concentration amenability and concentrate characteristics on a block-by-block basis over the whole project allows for an optimum mine schedule and plant feed. This ensures that the desired concentrate characteristics and mass recovery can be better predicted over the life-of-mine, thereby improving the mine’s economics and stability by derisking the mine schedule and optimising the performance of the concentrators. A key benefit of the geomet code devised for the Iron Bridge mine is that it can be attributed in an automated manner to all samples analysed for a routine XRF analytical suite, from exploration to blasthole drilling. This allows each sample to be allocated to a geometallurgical material type with predictable process response in terms of concentrate mass recovery and concentrate quality without the need to complete systematic DTR testing.A standard multivariate analysis coupled with a cluster analysis has allowed the linking of interdisciplinary results between geology, mineralogy, geochemistry, process and metallurgy to better understand, predict and ultimately mine and process the Iron Bridge deposits. This allows plant operations and product quality to be optimised through each stage thanks to the predictable ore characteristics embedded in the mining model.CITATION:Manfrino, A, 2015. Unravelling the factors impacting on concentrate quality by geometallurgical data analysis at Fortescue Metals Group’s Iron Bridge magnetite mine, in Proceedings Iron Ore 2015, pp 567–578 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By A Muhairini, M Eggers, J Smith, H Baxter

Detailed geochemical analysis of cored and non-cored drill hole data was used to characterise and model the Cenozoic detrital valleys of several deposits within the southern Pilbara region, Western Australia. The purpose of this modelling was to better characterise and understand the relationships between the various geotechnical units comprising mixtures of rock and soil for the purposes of slope stability and depressurisation studies.This paper presents data from several valleys where geological, geomorphological and climatic processes have resulted in the deposition of heterogeneous detrital rock and soil sequences. Seven primary detrital units are recognised as occurring within all the valleys studied, suggesting that the geological processes involved in the erosion and deposition of the units were widespread. Geochemical assessment of cored and non-cored data suggests correlatable geochemical signatures can be recognised for each of the units; however, local variability in the groundwater history of individual valleys is demonstrated by late-stage carbonate precipitation recognised both in the core and through the geochemical signatures, which has resulted in alteration of the parent rock/soil material. This paper discusses how the carbonate alteration may lead to improvements in rock/soil mass strength of a clay unit by comparing laboratory strength test samples of the same parent material with varying degrees of precipitate alteration to those with no discernible carbonate alteration. Following from this, correlations with geochemical assay results have been derived, whereby zones of more favourable strength conditions may be modelled through assessing areas of analogous geochemistry.The paper demonstrates how geochemical assessment can lead to improved geotechnical and hydrological modelling for a detrital valley system without the need for significant coring and laboratory testing. This in turn leads to improved confidence in the slope design and depressurisation recommendations for a slope.CITATION:Baxter, H, Eggers, M, Muhairini, A and Smith, J, 2015. The effect of carbonate alteration on detrital mass strength and implications for geotechnical slope design, in Proceedings Iron Ore 2015, pp 429–436 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By J Bolen, I Cameron, M Huerta, M Okrutny, K O’Leary

As greater amounts of fine iron ore concentrates enter the marketplace, new investments in iron ore pelletising capacity are inevitable to deliver these concentrates to steel industry consumers. When investors assess the two well-proven pelletising technologies, the straight grate and grate-kiln, the most appropriate choice may not be immediately evident. Certain technical, market and site-specific factors will favour one technology over the other; investors need to be aware and understand these factors in order to make the best investment decision. Hatch has compared the merits of both technologies regarding plant configuration; type of iron ore processed; energy consumption and flexibility to use a variety of fuels; ability to produce the required pellet quality; required plant capacity and scale; operating and capital costs and environmental performance. A technology assessment checklist that investors should consider when making a new pellet plant investment decision is presented.CITATION:Huerta, M, Bolen, J, Okrutny, M, Cameron, I and O’Leary, K, 2015. Guidelines for selecting pellet plant technology, in Proceedings Iron Ore 2015, pp 45–52 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By M T. Grigoleit, M S. Schneider

The iron ore industry in Australia has, in recent years, experienced an unprecedented growth phase. But now that major expansions are moving into the operation phase, new challenges have emerged. Whereas initial planning may involve a few modelling studies, ongoing performance monitoring and improvement requires a different, more intense approach. This is especially important in the face of changing factors such as commodity prices, exchange rates and labour markets. Response time is key. As a mining operation proceeds from initial planning to daily operations, the time window for analysis shortens, going from months to weeks to days as the business matures.Simulation models and analysis tools are typically built and run by specialists in the planning phase, but then what? The investment has been made, but realised only once. What if further analysis could be carried out in-house, re-using existing models using up-to-the-minute data? Can we create virtual mines that run in parallel to live operations that allow computers to identify areas of a value creation or operational improvement? These questions can be answered by the innovative application of big data, simulation and predictive analytics. The future will be having this all integrated into one platform that offers, for the first time, an opportunity for non-experts to apply existing modelling and analysis assets – combined with live data – to deliver support for continuous improvement, and the ability to respond quickly to external changes in the best possible way, before they become big problems. These techniques will represent a step change in the ability for operations to maximise efficiency and will underpin the intelligent operations of the future. These issues are addressed in this paper.CITATION:Schneider, M S and Grigoleit, M T, 2015. Maximising productivity through big data, simulation and predictive analytics, in Proceedings Iron Ore 2015, pp 475–480 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By J Foo, T Kleinschmidt, B Reynolds, K Kennewell

The consideration of complex supply chains often highlights multiple system bottlenecks that are localised and dynamic – they shift depending on what variability last influenced the system. Using the understanding of a dynamic system model, synergies between items that tackle localised bottlenecks can be understood to generate a suite of solutions. These can be simple solutions, such as a couple of new conveyors placed in series, or more complex ones, including buffer dynamics (capacity, location, behaviour, etc).Each solution in the suite will have an associated uplift in system performance and an associated cost of implementation. Dynamic simulations can address each situation in turn and estimate the projected improvement it would offer. However, these solutions will have different benefits when implemented together, and each solution will give different uplift depending on what other solutions have already been assumed. If the number of solutions is numerous, traditional dynamic simulation analysis becomes the bottleneck, limiting options analysis to the processing power available.This paper will illustrate the use of a new technique applied as part of a capital growth optimisation project with a major iron ore producer. Metamodelling is the creation of a model of a model; in this case study, the focus is on developing a response surface representing the suite of solutions. This can be achieved through a combination of dynamic modelling and an appropriate mathematical process called design of experiments. The result is an approximation surface of the outcomes of the dynamic model, encapsulating interactions between key elements of the value chain.This modelling approach provides a number of advantages compared to traditional dynamic modelling approaches, including but not limited to:early and rapid evaluation of a large range of potential solutionsaccommodation of multiple initial states of the value chainoptimisation of the overall suite of upgrades (down to route-level upgrades) based on business objectiveseasy re-evaluation of outcomes when key inputs such as costs change.CITATION:Kleinschmidt, T, Foo, J, Reynolds, B and Kennewell, K, 2015. Case study of iron ore value chain optimisation, in Proceedings Iron Ore 2015, pp 605–612 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By C E. Loo

The cohesive zone has a significant influence on blast furnace operation and performance. The high-temperature behaviour of the reducing ferrous burden determines the properties of the cohesive zone and is studied in a laboratory using a softening and melting test. This paper summarises recent work aimed at better understanding the physico-chemical changes in a ferrous bed during softening and melting. Using a combination of standard, non-standard and quenched tests supported by optical image analysis, this work has highlighted some important differences in behaviour between lump, pellets and sinter as well as between the two lump ores and two acid pellets. As with the two lump ores, one pellet is denser than the other and the denser ore/pellet is also higher in silica.Within the cohesive zone, densification of the ferrous layer leads to reduced permeability and greater pressure drop. From the work presented in this paper, two key mechanisms of ferrous layer densification were identified. Firstly, the formation of fayalite, which melts at low temperatures, can act as a lubricant between particles and lead to densification of the ferrous layer under load. Secondly, reduction to metallic iron is topochemical and fayalite in the outer shell of the particle restricts gas flow to the centre and results in the formation of a wustite core. As temperatures rise, the wustite melts and eventually exudes out of the shell, occupying void spaces between particles and further reducing layer voidage and permeability.This work has shown that density and silica content are two key factors that result in increased densification of the ferrous layer. For porous Australian lump ore, the higher porosity and lower silica reduces the formation of fayalite and limits the formation of the wustite core, ultimately leading to a more permeable bed. The difference between the porous and dense ores was more pronounced with the introduction of prereduction to better simulate blast furnace conditions. This suggests that a porous ore gives significantly better cohesive zone permeability and blast furnace operations than a dense ore.The behaviour of fluxed sinter particles is different in that the silica reacts with lime to form dicalcium silicate. Minimal wustite core forms because relict hematite particles in sinter are only small and reduction occurs uniformly throughout the particle. Even with significant loss of material through prereduction, beds formed from sinter remained comparatively rigid. Studies using a typical blast furnace burden mix of 80 per cent fluxed sinter and 20 per cent porous ore showed that the structures of these beds at softening and melting temperatures are very similar to the sinter-only test. Measurements of bed contraction and pressure drop also confirmed that the introduction of 20 per cent porous ore into a sinter bed did not alter its properties. This is an indication that 20 per cent ore can be easily accommodated by blast furnace burdens.CITATION:Loo, C E, 2015. Important acid ferrous burden properties in the cohesive zone of a blast furnace, in Proceedings Iron Ore 2015, pp 367–376 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By N Steenkamp, L Furstenberg, W Cele, M Richter

Managing productivity and improving efficiency for a healthy return on capital employed have become key mining industry strategies under prevailing tough global market conditions. However, achieving this in a multisystem environment such as a mining operation can be daunting. The field of discrete event simulation offers some relief, giving engineering teams insight into multivariable systems and stochastic processes. It allows for integrated system thinking and domain expertise to be woven into project thinking fibre. Directed system optimisation and therefore improved efficiency becomes possible. Furthermore, capital discipline accrues from optimal upgrade investments. This paper illustrates the practical application of this approach by reviewing a typical case study for a direct shipping iron ore operation. Dynamic simulation was used to establish maximum processing plant capacity under varying material characteristics and identify capital-efficient upgrades for increasing production.The study started with descriptive statistical analysis of existing data. Discrete equipment and system capacities were defined, followed by static plant mass balance calculations to establish bottlenecks and overall static capacity. Equipment ‘uptime’ and ‘downtime’ analyses established system and overall plant availability and utilisation. From this information, a dynamic simulation model could then be developed and initially calibrated against actual plant performance to verify its robustness. Once confirmed to accurately represent existing plant dynamics, system capacity response to variable changes could be tested to ultimately determine maximum plant capacity. Additionally, plant optimisation was incorporated to arrive at optimal upgrade points. Maximum capacity and necessary upgrades were established as a function primarily of feed size distribution. Additionally, the interfacing effects of rehandling feed material to the final product grade and potentially to life-of-mine were established as important outcomes. The results of the study illustrate the value of using dynamic simulation models to realistically and cost-effectively increase throughput.CITATION:Cele, W, Furstenberg, L, Richter, M and Steenkamp, N, 2015. Capacity evaluation of iron ore processing facilities utilising dynamic simulations, in Proceedings Iron Ore 2015, pp 597–604 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By K Edwards, A J. J Mouton

Hematite represents the vast majority of iron ore exported from Australia as the development and processing cost of magnetite is generally seen as a barrier to the development of vast magnetite resources. However, a number of magnetite projects have attracted a significant amount of interest and investment from large Chinese steelmakers.This paper compares the relative merits of the development of Australian magnetite and hematite ore from the point of view of the steelmaker, taking into account the factors that influence the capital costs of the development of the ore types and the relative costs of operating the process plants to treat these ores. By modelling the relative operating cost for the production of hot rolled coil in China for the two ore categories, the paper demonstrates the economic drivers behind the Chinese steelmakers’ large investments in the magnetite resources of Western Australia. It does this by estimating the potential value of magnetite concentrate to the steelmaker in the event that the maximum potential is realised by operating the blast furnace with a 100 per cent pellet burden.Under the conditions described, it was found that direct reduction (DR)-grade magnetite concentrate could command a price premium over 62 per cent Fe fines of up to 46 per cent (December 2014 on a cost and freight (CFR) basis). The corresponding premium for blast furnace (BF)-grade magnetite concentrate is 17 per cent, which demonstrates the dependency on grade.The capital expenses for a 14 Mt/a concentrate plant is estimated at US$3.1 B for BF-grade magnetite and US$3.35 B for DR-grade, with operating expenses at US$45 and US$50 respectively. The corresponding free on board price for a break-even net present value is calculated at US$82/t for BF-grade magnetite and US$90/t for DR-grade. The minimum long-term iron ore price (62 per cent Fe) that would be required to underpin such a project is estimated at US$78/t CFR for BF-grade magnetite and US$68/t CFR for DR-grade concentrate.Apart from the financial benefits, it is demonstrated that the use of magnetite concentrate in ironmaking has the potential to reduce CO2 emissions by approximately 400 kg per tonne of hot rolled coil.CITATION:Mouton, A J J and Edwards, K, 2015. Magnetite – a higher-grade blast furnace feed and its potential benefits for the ironmaker, in Proceedings Iron Ore 2015, pp 613–620 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By M Neurohr, B Wacker, D Mensing, C Murphy, W Kitz

Mining operations have large power requirements. The biggest consumers of energy are the drives for the mills located in the concentrators. Assuming that the decision is made on how many mills are needed and how big these mills will be, it can be determined how these mills should be driven. The decision as to which drive should be applied depends on design limits for different mechanical or electrical drives, anticipated operation modes, capital expenditure optimisation and lifecycle cost optimisation.The task for the engineer specifying the drive equipment is to select a drive solution that can debottleneck the operation, avoid interruption of production and enhance the reliability of the process. At the same time, the engineer must choose a design that enables cost optimisation either in a single investment or in relation to the total cost of ownership (TCO).This paper outlines different mechatronic or electric drive alternatives for tube or horizontal mills applied in the mining industry, along with their advantages and disadvantages. The paper covers a wide range of applicable drive systems and provides a background to the benefit of applying integrated drive systems.CITATION:Wacker, B, Kitz, W, Murphy, C, Neurohr, M and Mensing, D, 2015. Application of different drive systems for horizontal mills, in Proceedings Iron Ore 2015, pp 205–216 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By D Andrew, G Stanway, P Mahoney, C Griebel

The iron ore mining industry is currently going through an adjustment from high to more moderate growth as China’s economy transitions from capital-intensive investment to a more services-oriented economy. We are now witnessing a renewed focus on productivity improvements and cost savings as planned expansions are completed. Despite the scale and importance that the mining industry plays in the global economy, innovation literature is generally more targeted at faster-moving industries with shorter innovation timeframes and lower capital requirements. To fill this gap, VCI set out to understand the state of innovation in the mining industry in 2014. This State of Play report aims to give an objective appraisal of the strengths and weaknesses of innovation in mining. The report has three sections covering both the structure and delivery of innovation in mining:Ecosystem – focused on understanding how the iron ore mining innovation ecosystem system works, including the roles of large and small miners, service companies, researchers and governments. Our recommendations focus on what is required for the system to work well and improve the level and quality of innovation in the industry.Strategy – how do companies define their innovation strategy in relation to their corporate strategy? How are these related to prevailing global and industry trends? How do they communicate this with their business? How successful are they? These are among the questions that this section attempts to answer. Our recommendations are pitched at the executive leadership of iron ore mining and service companies.Delivery – focused on how companies develop and deliver innovation, looking at the success of different structural options, leadership and culture, partnerships and the best approaches to change. Recommendations are aimed at improving outcomes within the iron ore mining value chain, including the role that suppliers play.CITATION:Stanway, G, Mahoney, P, Andrew, D and Griebel, C, 2015. Understanding the state of innovation in the iron ore industry, in Proceedings Iron Ore 2015, pp 631–646 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By D Kepert

It is the role of the exploration geologist to create wealth through the discovery, delineation and characterisation of economic mineralisation. This requires a critical depth of geological understanding.Unfortunately, the resource industry is well known for its cyclic nature. Many of the current generation of workers have only ever experienced the boom of the ‘super-cycle’ and are only just discovering the negative side to the business. For the case of the geologist and especially the exploration geologist, the magnitude of peaks and troughs are usually amplified and may become destructive to all parties. During the uptime a healthy stream of exploration good news becomes the staple diet of company releases, in particular those of junior companies attempting to bolster the share price. The geological knowledge and experience gained thus forms a significant and integral part of the value and therefore, future of a company. On the downturn it is often viewed that geologists are a luxury, an optional extra and a burden on the bottom line with companies entering a period of memory loss and myopia.Retention of geological knowledge however remains critical as projects, companies and cycles mature. Beyond exploration per se, this knowledge becomes both fundamental in de-risking and commercialising an asset (through development or divestment) and in positioning the company for cyclic or counter-cyclic opportunities.The growth and retention of this knowledge base is difficult to quantify in terms of direct value but becomes one of a successful resource companies greatest assets. At worst, its loss can lead to millions of investors’ funds wasted on missed opportunities, drilling, or poorly designed plant and mine.But the rocks are around for the longer haul and pay little notice to the vagaries of the scurrying of Man.This paper reflects on some of the authors own observations through 25 years of iron ore exploration, in why it is critical to always rigorously question the prevailing geological (mis)understanding and the technical and commercial benefits which that may bring, and looks forward to the future.CITATION:Kepert, D, 2015. Geology – the affirmative case, in Proceedings Iron Ore 2015, pp 285–298 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By Sebastián Yáñez

"El presente texto señala la gestión de plantas o shutdown como estrategia de mantenimiento en un modelo de administración. La gestión consiste en establecer una interacción relevante entre las actividades previas y las propias durante su ejecución, que dan paso a una posterior fase de análisis de los registros que se puedan obtener. A esto se suma la planificación, programación y control de las características del estado de condición de sus activos físicos. Estas características dependerán de la etapa de la vida útil en que estos se encuentren, la complejidad de sus tecnologías, la disponibilidad de recursos y las condiciones operacionales respecto de metas productivas y de negocio."

Jul 1, 2015

By C Selcuk

This item considers the work of the CleanMine consortium on the removal of hard scale from valves via the combined use of controlled acoustic cavitation with guided wave propagation.

Jun 1, 2015

By B Rusk, L Corriveau, P Emsbo, R P. Xavier

"An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation. Porphyry-Cu (Mo-Au) deposits and iron oxide-copper-gold (IOCG) deposits are both characterised by the presence of abundant halite-saturated fluid inclusions that reflect the circulation of hyper-saline hydrothermal brines. While it is widely accepted that brines involved in the formation of porphyry copper deposits derive from unmixing of moderate-salinity, intermediate-density fluids that exsolve from crystallising magmas, the source of brines that form IOCG deposits remains enigmatic and intensely debated. In this extended abstract, we summarise the fluid inclusion characteristics of both deposit types and present trace element compositional data for halite-saturated fluid inclusions from both porphyry copper deposits and IOCG deposits from around the world.While both deposit types typically contain halite-saturated fluid inclusions, vapour-rich fluid inclusions in IOCG deposits are less common than in porphyry deposits and evidence for fluid immiscibility is rare. IOCG deposits also typically lack intermediate-density fluid inclusions that characterise the deeper quartz-rich veins in many porphyry deposits. Many IOCG deposits contain CO2-only fluid inclusions, a type of fluid not observed in porphyry Cu deposits.Our fluid inclusion compositional data show that most porphyry Cu (Mo-Au)-related brines are dominated by Na, K and Fe and contain elevated concentrations of Ca, Cu, Pb, Zn and Mn up to around the one per cent level. On the other hand, IOCG brines are Na-Ca-Fe-dominated and typically contain far less Cu, Mn and Zn than porphyry brines. In addition to Ca, these fluids are also strongly enriched in Ba and Sr relative to porphyry-related brines. Such compositions are consistent with extensive fluid-rock interaction and/or an evolved sea water contribution to IOCG brines.A sea water or basinal brine source for IOCG brines is further supported by bromine concentrations that are much higher than is characteristic for porphyry-related brines. Porphyry brines have Cl/Br molar ratios of between 800 and 3000, which is characteristic of primary magmatic brines, whereas the Cl/Br composition of IOCG brines is more variable. For example, Na/Cl/Br ratios of most IOCG deposits in the world-class Carajás district fall on or near the sea water evaporation curve (most Cl/Br molar ratios are between 200 and 1000) and are diagnostic of sedimentary bittern brines. A few of the deposits in this district also show evidence of the input of subordinate amounts of magmatic brine. At Ernest Henry, in the Cloncurry district of Australia, most Cl/Br ratios plot close to the sea water evaporation curve, but Cl/Br ratios of up to ~5000 in several samples suggest the input of lesser amounts of magmatic fluids, and possibly evaporite-dissolution-derived fluids. Taken together with geologic constraints, these data strongly suggest that porphyry-type deposits form from the circulation of dominantly magmatic fluids, while IOCG deposits form from large-scale circulation of high-salinity fluids sourced dominantly from sedimentary basins with variable input of magmatic volatiles.CITATION:Rusk, B, Emsbo, P, Xavier, R P, Corriveau, L, Oliver, N and Zhang, D, 2015. A comparison of fluid origins and compositions in iron oxide-copper-gold and porphyry-Cu (Mo-Au) deposits , in Proceedings PACRIM 2015 Congress, pp 271–280 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 18, 2015

By J F. H Thompson

"An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation. Mineral exploration and mining are challenging businesses. Remote and at times harsh conditions have always made it difficult for exploration, but modern explorers also have to deal with cover, numerous technologies, an explosion of data and critical early community engagement. Mining deals with the reality of moving and breaking thousands of tonnes of rock each day to extract what can be a very minor component of economic value, and, furthermore, society expects that this will be done in a clean and sustainable manner. The exploration and mining challenges appear disparate, but they are intimately related.Although not widely appreciated, both exploration and mining have a long tradition of innovation. Over the last 50 years, major step changes in exploration have resulted from radical advances in our understanding of ore forming processes, new geophysical, geochemical and remote sensing technologies, and new ways to integrate and interrogate data. Over a more extended period, close to 100 years, mining has developed bulk surface and underground methods, selective extraction through flotation and leaching and global positioning system–geographic information system control systems that collectively facilitate mining at a massive scale. And yet, in spite of these successes and the boom that we have enjoyed in the last ten years, the industry is under pressure and the need for innovation and change is paramount.The major drivers for innovation are the need for increased quality in discoveries and mines and the need to interact effectively with communities and jurisdictions such that the benefits of quality mines are recognised and enjoyed widely.We are still making new discoveries around the Pacific Rim and elsewhere, but many argue that the quality – grade and accessibility – of these discoveries is decreasing. The net result is that explorers are delivering resources and reserves for development at lower grades and with higher capital and operating costs than current operations. For mining, the increasing age of many existing operations contributes to increasing costs, which, when combined with decreasing cut-offs and lower grades, also results in declining quality. The combined picture does not look good.Just as the pressure to improve performance and margins in the face of declining inputs increases, we are simultaneously faced with increasing societal demands for improved environmental performance and sustainable practices. This is most apparent at the local, community level, where opposition ultimately leads to delays or even cancellation of new projects. Quality is again the issue – quality of the initial and ongoing engagement and quality of the proposed mine in terms of environmental and economic performance.CITATION:Thompson, J F H, 2015. Exploration and mining – the need for innovation , in Proceedings PACRIM 2015 Congress, pp 45–48 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 18, 2015

By A Keogh, P Allen, P Stoker

"An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation. Private equity (PE) firms are comparatively free of mandatory requirements for the level and scope of due diligence applied prior to making investment decisions in minerals projects when compared to listed entities, sovereign funds or financial institutions adopting the Equator Principles (Equator Principles Association, 2013). While this freedom allows for flexibility, agility and innovation in making investment decisions, it can also expose PE firms to material risks that may impact their ability to successfully list the projects or attract later financing.Financial institutions and investors with mandatory due diligence and disclosure standards may refrain from investment in or acquisition of a project if it fails to meet various performance requirements. There are many high-profile projects that have suffered significant write-downs on book value after acquisition because specific non-mining issues were not adequately assessed. Thus, a PE firm may be left with an asset that is difficult to divest and incapable of securing development finance.PE firms can manage this risk by being aware of the growth trend in the adoption of ‘international standards’ in addition to host nation standards and legislative requirements. This paper outlines key issues for PE firms to address to maximise the chances of obtaining funding or successfully taking an exploration or mining project through to listing or divestment. Two steps are required: identification of gaps in performance and priority matters of interest to financial institutions and development of action plans to ensure that the priority requirements are met or capable of being met.A PE firm can set its project for success by understanding the social and environmental performance requirements of international standard financiers and by setting the project on the right path to meeting these requirements, and thus making it an attractive investment.CITATION:Allen, P, Stoker, P and Keogh, A, 2015. Setting for success – private equity exploration and mining project buy-in to listing and divestment , in Proceedings PACRIM 2015 Congress, pp 93–100 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 18, 2015

By K F. Tang, J-W Li

"An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation. The Xiong’ershan district in the southern margin of the North China Craton (NCC) contains more than 20 gold deposits hosted in the late Neoarchean to early Palaeoproterozoic amphibolite facies metamorphic rocks or late Palaeoproterozoic unmetamorphosed volcanic rocks. Gold mineralisation consists mainly of auriferous quartz veins and disseminated ores in hydrothermally altered zones, with additional gold mineralised breccia pipes. Gold orebodies are strictly controlled by secondary- or higher-order brittle/ductile-brittle faults. Isotopic dating reveals two separate episodes of gold mineralisation: the Shanggong and Dianfang deposits formed in the range of 236 ± 1.4 to 202 ± 18 Ma, whereas the Gongyu, Qianhe and Qiyugou deposits formed between 135.0 ± 0.5 Ma and 124.0 ± 1.0 Ma. Stable isotope and noble gas geochemistry studies indicate that the Triassic gold deposits were precipitated from deeply-sourced, low-salinity fluids at 250–350°C, but whether the fluids were mainly derived from metamorphic devolatilisation or magmatic degassing remains unresolved. In contrast, the Early Cretaceous deposits most likely precipitated from a dominantly magmatic fluid, although metamorphic and meteoric components cannot be ruled out. Results from this study, when combined with regional geological and geochemical data, suggest that the Triassic gold mineralisation was generated by the deformation associated with the collision between the North China and Yangtze cratons, forming the Qinling-Dabie orogen. In contrast, the Early Cretaceous gold veining was a result of lithospheric destruction of the NCC, a process initiated by plate subduction from both the south and north since late Palaeozoic but ultimately triggered by the westward subduction of the palaeo-Pacific plate in the late Mesozoic. This study helps to reconcile the long-term debate on the timing, genesis and geodynamic setting of gold mineralisation in the Xiong’ershan and other districts along the southern margin of the NCC.CITATION:Li, J-W and Tang, K F, 2015. Gold deposits in the Xiong’ershan District, Southern North China Craton – products of Triassic deformation and Cretaceous craton destruction, in Proceedings PACRIM 2015 Congress, pp 341–344 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 18, 2015

By P J. Sack, L V Danyushevsky

"An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation. Regional-scale exploration for sediment-hosted gold deposits is hampered by the challenge of evaluating the fertility of ancient sedimentary sequences that host these deposits. Recent developments in laser ablation inductively coupled plasma mass spectrometry allow for the evaluation of the gold fertility of sedimentary sequences using chemistry of early-formed sedimentary pyrite. We present a case study from the Selwyn basin area of Yukon, Canada, where significant sediment-hosted gold exploration has been ongoing for the last five years. Data from sedimentary pyrite in some Neoproterozoic shales are anomalous in Au and As compared to a global data set of unmineralised sedimentary pyrite. If at least some of the gold and associated trace elements in sediment-hosted gold deposits are derived from recrystallisation of early sedimentary pyrite, it follows that strata containing anomalous sedimentary pyrite should be more prospective. Based on this premise, our data clearly show that Yusezyu Formation Neoproterozoic shales in the Selwyn basin area of Yukon are a fertile source rock for sediment-hosted gold deposits, while pyrite from Nadaleen formation shales are strongly anomalous in Hg and Tl, but not Au. We suggest that the area warrants continued exploration for sediment-hosted gold.CITATION:Sack, P J, Gregory, D D, Large, R R and Danyushevsky, L V, 2015. Using sedimentary pyrite chemistry to inform regional exploration for sediment-hosted gold deposits – a gold fertility case study from the Selwyn basin area, Yukon , in Proceedings PACRIM 2015 Congress, pp 69–76 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 18, 2015

By P. Beauvais

Philip Beauvais, from the Met Office's International Mining and Agriculture Department, explains the need to understand the impact of the weather and climate when developing future mine sites.

Mar 1, 2015

By Jones R. G.

Dr Pat Foster, Senior Lecturer in Mining Engineering at the UK's Camborne School of Mines, talks to Rhiannon Garth Jones about mining safety around the world, education and the future of the industry

Feb 1, 2015