Search Documents

Production sharing and cost apportionment in joint ventures is commonplace in Australasia today and elsewhere. It is a recognised convention that, with the exception of a free carry situation, joint venture participants usually share the proceeds of the joint venture in direct proportion to their respective participating interest, after having first paid its respective cash calls, in advance, to cover the projectÆs ongoing operating and capital cost requirements.In surface mines, the parties simply pay their way and take their proceeds in this manner. In underground mines, the situation is no different, though treatment of capital, depreciation and tax may differ between the parties. A common feature in many cases is the creation of a joint venture entity to conduct the business. This entity then collects cash from the parties, banks it, employs the staff, runs the operation, provides reports and pays out the proceeds. This convention appears to be relatively simple in application. In practice, it has been known to be complicated in the situation where the participants take their product at the mine gate and undertake their own marketing and selling arrangements. A more complex situation presents itself where the joint venture tenement boundary with an unrelated third party straddles an economic deposit. In this scenario, both the joint venture parties and the third party may wish to mine the deposit, sharing some infrastructure and costs, yet taking their own product as it is produced. A case study outlining such a situation is presented in the paper, outlining firstly how the major cost categories were identified and treated for cost apportionment purposes. Secondly, a mechanism for the equitable apportionment of product is suggested. Finally, issues such as timing and cost reporting are dealt with, together with a checklist of points which should be considered when a similar situation might arise in the future.

Jan 1, 2002

By P Mulvey

"Currently mine process studies and geochemical waste characterisation are considered as two interdependent studies, necessary for the development of the mine and inclusion in the environmental impact statement (EIS). Geochemical waste characterisation will utilise the simulated tailings produced by the mine process studies team to understand the behaviour of the tailings, but the two teams rarely integrate these to develop a coherent and agreed final design.Thorough mine waste geochemical assessments can develop processes to minimise environmental harm, resulting in substantial savings in the decommissioning, closure and rehabilitation phases, and may also be able to address changes in mineral processing methods that can result in substantial savings in process inputs, or even recovery of metal concentrates.Based on geochemical waste characterisation, the full cost of waste management can be calculated and incorporated into the costing of milling.  This allows for a more effective evaluation of the metallurgy.  A number of examples are presented in which substantial improvements have been made from the collaboration of both the metallurgical and geochemical teams during planning and the metallurgical team and environmental team during operations.*This paper is only available for individual download. It is not included in the conference proceedings*CITATION:Mulvey, P, 2013. Optimising metallurgy at the planning stage to minimise environmental impact - a feedback loop from geochemical waste characterisation, presented to MetPlant 2013 Conference (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Jul 15, 2013

The Southern 'B' lode orebody at the New Broken Hill Consolidated Limited (NBHC) mine, Broken Hill, is a continuation of the zinc-rich orebody that was first mined in NBHC in the 1940's. Preliminary diamond drilling in the early 1960's resulted in sufficient information to delineate the southern extension of the presently mined 'B' lode orebody, In 1966 the sinking of a 7.3 metre diameter circular shaft (No. 3 Airway) was commenced to improve the ventilation of the southern extremities of existing workings and to provide a base to further explore and develop the orebody extension. Development on four levels was started in the early 1970'.s to link the existing workings with the new shaft. Three possible mining methods - sublevel open stoping, loader cut and fill with ramp access and sublevel caving - were investigated and the decision was made to mine the orebody by transverse sublevel longhole stopes and pillars with trackless equipment and ramp access between the major working levels.

Jan 1, 1977

By S Sullivan

A recent review of resource reports lodged to statutory bodies found geological models with oversmoothed or unrealistic lithological boundaries, many of which do not represent geological appearance in the field, pit or underground drive. The underlying data is often too complex or messy to be incorporated into the resource model and is thus a simplification of reality, to the detriment of the mining operation and its shareholders. Volumes can be over- or underestimated and subsequent grade predictions can be misplaced, combining to cause over- or understatement in resource reporting to stakeholders and statutory authorities. Domain models can be improved with new modelling techniques such as machine learning. However, with poor data or improper use of machine learning techniques, the conclusions can be just as misleading as with current techniques. Machine learning rarely offers a single ‘right’ outcome, rather a range of possible outcomes from the data provided. But importantly it can take advantage of the full richness of data for more informed models. Machine learning also provides confidence in its predictions so that uncertainty in the resultant models can be quantified and passed through for risk assessment during mine planning and operation. This paper will discuss the factors accentuating complexity in deposit modelling: data diversity, structural controls, chemistry, data volumes, process workflows and external non-geological constraints. A case study illustrates the risk of reducing or ignoring complexity, which can result in an overly simplified geological model.

Mar 22, 2022

By S H. Burgmans, B Anderson

This paper aims to define the specific challenges relating to dredging fine tailings from an above ground storage facility for transferral to a mined-out pit. In addition, it compares dredging and mining perspectives on dredging of fine tailings.

Jul 1, 2021

By M Zanin, E Chan, D Xu

An experimental design has been developed to investigate the relative influence of distinct pulp and environmental properties on froth stability in the flotation of a typical porphyry copper ore. In particular, factors such as frother and collector type, feed particle size (P80), solids per cent, composition (chalcopyrite and pyrite content), as well as grinding environment (mild steel versus stainless steel, high and low pH) have been varied in a controlled manner, and the resulting froth stability evaluated. A previously developed froth stability column, based on the Bikerman approach, was used to measure the froth height and half-life in each test. The relative effect of each factor is presented here on a comparative basis. It is shown that frother type is the most important factor, with marked difference in froth stability when switching from methyl isobutyl carbinol (MIBC) to glycol based frothers. Solids per cent and particle size also play a significant role. The grinding environment had lesser effect on the resulting froth stability, although mild steel grinding gave higher froth stability compared to stainless steel grinding. The experimental evidence supports the hypothesis that in porphyry copper flotation the grinding environment influences surfaces oxidation, pyrite activation and the extent of hydrophobic particles reporting to the froth phase. This has an indirect effect on the resulting froth stability, which is however small if compared to the other factors. This work is still in progress, and extension to other mineral systems is planned. However, some insights are offered to operators on the parameters which are more likely to have an impact on froth stability in copper flotation plants.CITATION:Zanin, M, Chan, E and Xu, D, 2014. Empirical evaluation of factors affecting froth stability in copper flotation, in Proceedings 12th AusIMM Mill Operators’ Conference 2014 , pp 193–200 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 1, 2014

By K S. Smith

Mineral-deposit geology, geochemical processes, and biogeochemical processes are fundamental controls on the environmental conditions that exist naturally in mineralised areas prior to mining, and that result from mining and mineral processing. Input from economic geologists and geochemists is therefore crucial to effectively predict, assess, mitigate, and remediate the environmental effects of mineral-resource development. Recent open pit gold mining at Summitville, Colorado , has received intense public scrutiny for a variety of environmental problems, most important of which has been extreme acid drainage. Now a Superfund environmental cleanup site, Summitville exemplifies how economic geology and geochemistry principles: 1. could have been better utilized to first predict and minimise the environmental problems, and 2. can now be used to optimize the environmental cleanup.

Jan 1, 1995

The emergence of China as a global economic power has not been without its birth pangs and the current coal market is testimony to this. Traditionally the coal market has been controlled by mature economies that functioned along balanced lines of supply and demand. The emergence of China and India as major forces in the international market has shifted this balance of power from mature economies to the developing economies of China and India. Of late Chinese Central Government policy has caused wide swings in the supply of Chinese coking coal and thermal coal to the international Asian markets. This has resulted in huge increases in demand for coal from producers in Australia, Canada, Indonesia, USA and Russia. Additionally since the late 1990s the liberalised Chinese economy has been growing by between nine to 12 per cent per annum. The corresponding rise in the standard of living of their 1.4 billion people has resulted in a strong demand for raw materials, initially met by domestic production and more recently met by the importation of raw materials including iron ore, oil, coking coal and thermal coal. Commensurate with this growth in China has been the emergence of India (pop one billion) as another major developing economy in the region. Whilst the Indian standard of living is lower than that of the Chinese, this subcontinent still has some 300 million people with middle class consumption demands. India is a major importer of oil, coking coal and thermal coal. It exports iron ore to China with growth parallel to China (seven to nine per cent per annum). These combined new demands from India and China have put unprecedented pressure on the global supply of coking and thermal coals. These pressures are reflected in the current world spot prices for coking and thermal coals which are at historically high levels. Whilst current demand from China and India is high it is anticipated that new projects will partially satisfy this increasing demand. Expectations are that overall thermal and coking coal prices will rise steadily. This paper seeks to identify the potential effects of Chinese and Indian economic growth on the international markets for coal.

Jan 1, 2004

By N Meadows, M Rodriguez

A 200 000 tpa heap leach demonstration plant was approved by the Murrin Murrin Joint Venture (MMJV) in December 2005 and engineering commenced in January 2006. The demonstration plant will utilise stockpiled ore reject material (æscatsÆ) and extract nickel and cobalt. Limited production from the demonstration plant is expected by the end of 2006. The demonstration plant will enable the company to fully investigate and understand all associated technical issues over the next 12 to 18 months, including the potential to expand the heap leaching operation to a commercial scale. In parallel, the MMJV will continue a research and development program to improve and expand the application of its heap leaching technology.

Jan 1, 2006

By C Armstrong, B Wentzinger

Upstream embankment raises often represent the lowest cost option for increasing the capacity of tailings storage facilities (TSF), but also pose the highest stability risk due to constructing on top of previously deposited tailings.This paper presents an overview of key aspects in the geotechnical investigation and design of upstream raises and some recent lessons learnt from experience across a number of TSFs in Australia. A summary of recommended field investigation and laboratory testing methods is provided with a focus on collecting quality information for design purposes. A strong focus is given in developing an accurate assessment of pore water pressures, which, if not correctly understood can have disastrous consequences on tailings strength parameter interpretation and wall stability assessment in static and post-seismic conditions.The assessment of the contractive or dilative shearing behaviour of the tailings material and rigorous interpretation of design characteristic values are presented. Some comments on stability analysis options and proposed methodology are also provided.CITATION:Wentzinger, B and Armstrong, C, 2018. Lessons learnt in geotechnical investigation and stability analysis for upstream tailings storage facility raise design, in Proceedings Mine Waste and Tailings Stewardship Conference 2018, pp 333–348 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 23, 2018

Before proceeding I wish to say that the excellent diagrams by which my paper is illustrated are the work of Mr. C. H. Barnes, Constructing Engineer of the Kalgurli Gold Mines Limited, and I am also much indebted to Mr. F. A. Moss, manager of the mine and for the privilege piIling information not previously made public.The limited time at my disposal has coolled to, curtail the scope of my paper to a few practices in ore treatment which are being worked on the Kalgurli Mine, but which I believe are of more than ordinary interest to thp~e Goncerned in modern treatment of gold ores. As an introduction to my subject it is, necessary that I should give a brief outline of the process by whiGh the gold is won from the complex sulpho-telluride ore of the Kalguili mine.My business is not to enter into any discussion as to the relative merits of the two rival sulpho-telluride ore treatment processes at work on the Kalgoorlie field, viz, the treatment of the unroasted ore after shining by solutions of bromocyanide, as against the treatment of the ore-after roasting by solutions of potassium or sodium cyanide either in filter presses or percolating sand vats. Even if reliable costs and percentages of extractions were obtainable in each case, it would not constitute an infallible basis of comparison, as the larger plants would necessarily have an advantage in cost per ton as against the small plants, and the other conditions obtaining are in many Cases dissimilar.

Jan 1, 1903

Preparation of MgO Nano-Particles with Magnesite

Sep 13, 2010

By J Ding, H J Peng, S B. Zhu, L Hou, J R. Zhang, S Y. Wu

"An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation. Numerous Fe-Cu-Au-rare earth element (REE) deposits have been identified within the Palaeoproterozoic Dongchuan Group of the Kangdian region of SW China. Geochronologic and geochemical data of the dolerite dykes and other volcanic rocks reveal extensional activity occurred about 1.7 Ga called ‘Kunyang Rifting’. The Kangdian region underwent variable degrees of extension, meaning that breakup in the central part of this region occurred earlier than in the north. Research on microphysiography, isotopic geochemistry and inclusions of the Yinachang typical Fe-Cu-Au-REE deposits suggest that the dominant mineralisation fluid is high-temperature, high-salinity magma fluid, containing alkalic components, volatile phase and Cu-Au. Metasomatism and mixing between this magmatic fluid and carbonaceous wall rock and meteoric water caused the precipitation of Fe, REEs and Cu-Au. A chalcopyrite Re-Os age from the Yinachang deposit obtained during this study is some 50–100 million years younger than the timing of emplacement of the deeply sourced Haizi and Dongchuan dolerites. The Yinachang deposit is a typical iron oxide-copper-gold (IOCG)-type deposit, and the presence of this and other deposits in the Kangdian region indicates that the region hosts an intraplate extension-related IOCG system within the western edge of the Yangtze Block, China.CITATION:Hou, L, Ding, J, Zhang, J R, Zhu, S B, Wu, S Y and Peng, H J, 2015. Proterozoic iron oxide-copper-gold mineralisation in the Kangdian Region, south-west Yangtze block, China – a case study on the Yinachang Fe-Cu-Au-rare earth element deposit , in Proceedings PACRIM 2015 Congress, pp 255–264 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 18, 2015

By S Jahanshahi, D R. Swinbourne

A knowledge of the value of the activity coefficient of cobalt oxide in slag as a function of composition and temperature is necessary if effective strategies are to be devised to maximise the recovery of cobalt in nonferrous smelting processes. This work reviews previous studies and shows that comparison and evaluation of the results is hampered by variations in the choice of standard states for the species. Published results have been recalculated to a common set of standard states with a preferred value for the Gibbs free energy of formation of cobalt oxide. It has been shown that the value of the activity coefficient of cobalt oxide referred to the solid standard state in iron silicate slags is approximately two, at temperatures from 1523 to 1623¦K. It is suggested that some contradictory results are most likely due to errors in the measured partial pressure of oxygen.

Jan 1, 1998

The discovery of gold mineralization at the Manhattan mercury mine, Napa and Yolo counties, California in 1978 was the result of applying a new exploration ore deposit model in a region previously unprospected for gold. This discovery, the McLaughlin gold mine, owned and operated by Home-stake Mining Company, is a classic epithermal mercury-hot springs-gold deposit currently producing approximately 7,776,000 grams of gold annually.The exploration program that led to this discovery was based on a mercury-hot springs-gold genetic model. The model was developed using basic knowledge of ore-forming processes plus careful field observations made during examination of many known precious metal districts in. the Western U.S.A. Theoretically, hot spring systems could host gold deposits and, indeed, gold in these environments had been recognized for years. However, at the time of the McLaughlin discovery, it was not known to occur in sufficient quantities to inspire geologists to explore hot spring systems specifically for gold. Field observations recognized the presence of hot spring deposits and mercury mineralization asso-ciated with precious metal districts, (Bodie, California being a type example), and this associ-ation prompted the development of a hypothetical model. Subsequent exploration activities were directed towards the examination of mercury mines and prospects as potential targets for gold deposits. The model envisioned hot spring deposits (sinter) containing mercury mineralization at the surface with anomalous gold values grading downward into significant ore grade gold values.

Jan 1, 1990

The history of the industry which recovers rutile and zircon from the heavy mineral beach sand deposits of Eastern Australia began with the initial discovery of zircon in 1895. Whereas a large number of small companies operated during the rutile boom of 1955-57, the industry is now controlled by a few large groups.Mining is mainly by suction dredging. Metallurgical practice is a two-stage process in which a bulk concentrate of heavy minerals, recovered by gravity methods, is separated into its constituent minerals by processes based mainly on surface, electrical, and magnetic properties.Various separating devices using these principles have been developed in the industry and combined in various ways in the operating plants.There is scope for future metallurgical developments.INTRODUCTIONThe existence of deposits of heavy minerals ("black sands") on the northern coast of New South Wales has been known for at least 90 years. The earliest metallurgical operations aimed at the recovery of gold, platinum, tin and monazite. Mainly because of the low grade of these deposits with respect to these minerals, but also due to metallurgical difficulties, such operations were abandoned by about 1895 (Whitworth, 1959). The presence of zircon was recorded quite early (Carne, 1895) but Raggatt (1925) appears to have been the first to report the presence of rutile.The economic exploitation of the deposits was initiated in 1928 when D. H. Newland, State Geologist of New York, made an examination on behalf of The Titanium Alloy Manufacturing Company of America. Developments were then delayed by the world-wide depression, and the first commercial separation of the heavy minerals was made at Byron Bay in 1934 by Zircon Rutile Ltd. using a froth...

Jan 1, 1963

By B Clemen, D Gordon, F Cesnik, P Griffin

In March 2002 Newcrest Mining Ltd commissioned a 4 Mtpa gold-copper concentrator at its Cadia Valley Operations in New South Wales. This paper presents the design and construction considerations, commissioning and ramp up issues related to start up of the concentrator as well as current performance and future expansion plans. Commissioning of the plant was the culmination of six years of project planning, from discovery of the resource during the Cadia Hill drill out campaign in November 1996 to project implementation and plant operation. Current resource estimates stand at around 50 Mt with an average grade of 2.4 g/t gold and 0.8 per cent copper. At current processing rates the project life is expected to exceed ten years. The processing plant comprises a 9.75 m (32 ft) diameter Fully Autogenous (AG) mill, a single 6.7 m (22 ft) diameter ball mill, pebble crushers, gravity gold recovery circuit and flotation plant. Upgrades to the existing infrastructure and manning requirements at Cadia will be discussed as well as the resultant impacts on operating costs for the operation. The processing plant was expected to deliver 290 000 ounces of gold and 30 000 tonnes of copper in concentrate in its first full year of operation and progress against that goal will be presented.

Jan 1, 2003

By C Bonini, A Markham, P Whittle, B Pearson

"Mine-derived sedimentation in rivers can have significant impacts on the processes and features of the receiving environment and impact on communities reliant on this environment. However, identifying and quantifying the contribution of mine-derived sediment to the receiving environment can be complex. This is particularly the case in remote environments and where little/no baseline assessments have been undertaken. One approach that can be used involves sediment fingerprinting, whereby a unique tracer is identified within the mine-derived sediment to discriminate between mine- and non-mine derived sediment sources downstream. The technique typically involves sampling of sediment at upstream, control and impact sites and sites within the mine deposit. Laboratory analyses are run on all the samples to determine whether the chemical signature (eg presence/concentration of specific metals) differs between each group of samples. In complex environments where the mine-derived signature may be difficult to detect from a basic review of the data, or where sampling constraints may limit the number of samples for analyses, statistical methods can be used to help identify sediment groups. This paper provides a mine case study to show how such an assessment can be undertaken despite the logistical challenges faced while working in remote environments.CITATION:Pearson, B, Markham, A, Bonini, C and Whittle, P, 2013. Fingerprinting and signatures - tracing mine impacts in complex aquatic systems, in Proceedings Water in Mining 2013, pp 287-292 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Nov 26, 2013

By A D. Stewart Gillies

Resource rent taxes are taxes which only become effective at such a time as a pre-determined rate of return has been achieved by an operation. Resource Rent Taxes have from time to time been considered for implementation in bothAustralia and New Zealand. The offshore petroleum industry in Australia is already subject to RRT as is the Roxby Downs (Olympic Dam) Mine in South Australia. Both the mining and petroleum taxation regimes in Papua New Guinea include a resource rent tax component called Additional Profits Tax.   The implications of the current form of additional profits tax for shareholder cash returns are that the tax burden on the operation may suddenly increase at some stage in the life of the mine if and when the threshold level of profitability for the tax to be triggered is exceeded. From that point in time onwards the cash return to the shareholders on the capital invested is greatly diminished. For mining companies in Papua New Guinea, the effective tax rate increases from 35% to 57.75% as a result of the onset of additional profits tax. This tax rate penalty is so severe that there appears to be merit in considering the concept of managing profitability through time rather than purely maximising annual pre-tax profits as is currently the case in most mining operations. This would have the benefit of deferring or perhaps preventing altogether the onset of the tax. One possible method for the effective management of profitability is through the control of average mining grade by cutoff grade manipulation.   Traditional cutoff grade theory has usually considered taxation as a direct cost at a fixed or variable percentage of annual profits. As a result of this most analyses are conducted on a pre-tax basis. If tax is included in analyses it is usually present as a time independent function of gross profit. Additional profits tax is both time, and rate of return dependent and therefore not adequately accommodated by currently accepted cutoff grade theory.   A review has been made of the effects of resource rent taxes on both the investment decision-making process as well as possible development and mining strategies which may be employed by mining companies faced with resource rent taxes. The review includes examples based on the structure of additional profits tax which is levied in Papua New Guinea.

Jan 1, 1995

By Cocquio D. S, Bauchau C

In the course of an integrated airborne survey in 1975, a uranium-molybdenum deposit was discovered by Minatome Australia Pty Limited in North Queensland, Australia, approximately 70 km by road west of Townsville.The mineralization occurs in a welded tuff unit within the Carboniferous St James Vokanics. It is structurally controlled by a complex of subvertical east-west fractures and is exposed over a strike length of 350 m. Drilling has traced a further 150 m extension underneath a barren capping consisting of a thick pile of vokano-sediments. The maximum width of the orebody is 150 m, and its vertical thickness is approximately 100 m.The primary ore minerals are coffinite, pitchblende and molybdenite, accompanied by various alteration products (particularly uranium molybdates).The vein-type mineralization is considered epigenetic.A comprehensive program of surface drilling and underground exploration is in progress to establish the uranium and molybdenum reserves.

Jan 1, 1980