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Financial markets are subject to constant change and project finance, as a product within these markets, adapts and will continue to adapt with those changes. A meaningful discussion of these adaptations requires an understanding of differences between non-, limited and full recourse project finance. The reasons sponsors seek and lenders provide project finance are also pertinent in this context. Arranging a project, financing package can be a canplex and time consuming task. An important first step is choosing the right advisor for the assignment and then structuring and tailoring the financing before approaching prospective lenders. The last thirty years has seen changes in the needs of sponsors and the ability of lenders to meet them. These shifts in preference may well be a guide to the future. Several major project financings successfully canpleted in Australia in the last few years and more recent examples are broadly discussed. Project finance will be keenly sought in the future and the form and nature it takes will continue to vary.

Jan 1, 1983

The cost of constantly extending a decline tunnel that plays a part in the actual extractive process is a revenue cost. The characteristics of such a decline tunnel are that it is dug in a series of relatively small excavations. It follows the ore body and is dug as close to the ore body as practicable. In addition, the decline allows for the extraction of ore in the immediate vicinity, with the ore being extracted in a relatively short period of time.

Jan 1, 1990

With the next mining boom looming, the industry will once again struggle to meet skills needed as the current generation boomers are set to retire. In order to meet these needs it is going to need to focus on what underutilised human resources - in particular women - want!   Women comprise around 14 per cent of the mining workforce, compared with a 45 per cent participation rate in the work force overall. Within the industry, women still make up only one per cent of trades people, eight per cent of operators/production employees, 12 per cent of engineers and 11 per cent of executive management.   It may be worth pointing out that mining has an age profile skewed towards the older end of the spectrum. When it comes to employee retention, what women want may be a good starting point to examine, more broadly, what all employees might want (but are too afraid to ask!).   Women in mining want the following: To be scrutinised for their work and performance, not their personal lives, appearance or relationships. True pay equity. This is addressed at lower levels between companies but at professional levels the salary differentials begin to appear and little is done to identify why this continues to be the case. Recognition and acceptance that women can have different work-styles, and that diversity of work-styles is an asset to be nurtured not a threat to be neutralised! Recognition that a more diverse workforce demographic that better reflects society at large will assist the company in its dealings with many diverse stakeholders from society at large. For employers to recognise that a career break to accommodate caring responsibilities does not mean that an employee's commitment to progressing their career is any less than that of someone who has not taken a career break. Similarly, for employers to recognise that working part-time for to accommodate caring responsibilities does not mean that an employee's commitment to progressing their career is any less than someone who works a more traditional roster. Access to affordable and quality child care compatible with mining rosters in mining towns. Zero tolerance for bullying and harassment, and workplace cultures that promote respect and safety. This is an ABSTRACT ONLY no paper was prepared for this presentation.

Jun 1, 2010

By Tumilty JA, Douglas WD

With a view to characterising activated carbons with respect to their ability to adsorb gold from cyanide solutions, an attempt was made to establish correlations between the equilibrium capacity constant of the activated carbon for gold (k value) and five other parameters. These parameters were percentage ash content, iodine number, methylene blue value, surface area, and pH respectively. Twenty four different proprietary brand activated carbon products were examined, the correlations being established by means of linear regression analysis. It was shown that a significant correlation only existed between k and pH value. This was interpreted in terms of the presence of oxide complexes on the activated carbon surface. Further test specifications as developed at the Anglo American Research Laboratories are also outlined with a view to the selection of activated carbons suitable for use in' a carbon-in-pulp operation. Methods for assessing both the capacity and the kinetic response of carbons for gold adsorption are presented, while the measurement of attrition resistance, particle size distribution and moisture and solubles content is also outlined. The measurement of the capacity constant for gold adsorption together with attrition resistance are considered to be necessary in the initial selection of a suitable carbon.

Jan 1, 1982

Developing and operating mines in developing countries is never dull, but continuously challenging in terms of geology and terrain, geography and location, culture and land tenure, environmental and social issues, fiscal regimes and in some cases political risk. In addition, the rapidly changing nature of the communities with little understanding of the nature of mining at the community level requires us to continually manage issues affecting project development and mine operations with greater sensitivity. In frontier regions, people skills can become more essential than technical skills, particularly in dealing with indigenous people. Hence, managing a mining project requires a huge relationship effort.Effective communication with communities of different cultural background and proactive management of issues influencing community aspirations and desires requires not only new skills but also creativity with new concepts on how to deal with social issues under a different cultural context. The involvement of government agencies and NGOs is an important ingredient to creating understanding and collaborative approaches to common social issues. Maintaining stakeholder relationships pays in the long-run and is a useful exercise in getting information feedback from the wider community.

Jan 1, 1997

It should be noted that with the passage of time all aspects of the mineral extraction process are becoming more sophisticated and complex. In order to deal with this, the education system should be geared to this continual technological advance.A new scheme is designed to attract high quality school leaven to take up courses serving the mineral industry. After graduation these students will play an important role in the areas of research and development which is essential for the growth of the Australian mining industry.

Jan 1, 1991

A continuous casting machine, of the Concast curved mould design casting billets in four strands, was commissioned at the Newcastle Works of The Broken Hill Proprietary Co. Ltd., in November, 1967. Quality assessment of early casts from this plant indicated that steel cleanliness was sometimes inferior to that of equival- ent ingot cast steel. Extensive trials to develop a modified deoxidation technique were not successful in improving clean- liness to the desired level. A "contra-flow" gas shroud, to cover the steel stream between the tundish and the mould, was developed, and proved successful in achieving the required levels of product cleanliness. The inclusion content of six grades of steel ranging in carbon content from 0.10 to 0.70 per cent is examined, and an attempt is made to explain theoretically some of the results obtained.

Jan 1, 1972

By Wang SS, Frattaroll DR

In the development of novel sulfide collectors, especially for the low-lime and acid circuits, flotation of chalcopyrite, chalcocite, covellite and pyrite was studied with both new and commercially available S- containing collectors. The natural float- ability of sulfides, water quality, and redox potentials - all of which were considered im- portant in assessing collector strength and selectivity - were also investigated. Chalcopyrite exhibited the highest natural floatability. The response to most collectors, however, was chalcocite > covellite > chalcopyrite > pyrite. Water quality had a very significant effect on both natural and collector-aided floatability. De- ionized water and tap water had a flotation suppression effect compared with doubly- distilled water. Flotation results with single minerals are correlated with those for copper and pyrite from natural ores. Several novel collectors have now been developed for sulfide flotation in acid, neutral or mildly alkaline circuits. The results for four of these collectors, which have shown promise in commercial applications, are discussed in this paper.

Jan 1, 1986

The aim of this paper is to broadly review the purposes of valuations and the methods used to calculate them. Examples are provided by coal and alluvial gold properties. Important factors are consistency, how to deal with uncertainty, and the selection of discount rates. The purposes of valuation are seen as: 1.  valuations for sale; within this category are sales to third parties, sales between partners, and vendor valuations for prospectuses; 2.  to provide bankable estimates for financing; and 3. to provide values for local body rating. The methods used depend on the purpose of the valuation and the amount of information to hand.

Jan 1, 1988

By Dight P. M

The challenge of narrow vein mining is to produce ore with as little dilution as possible, at the least cost -commensurate with the increasing degrees of safety being demanded for mine workers by the modem 'duty of care' legislation. Geotechnical factors play an important, if not overriding, role in these areas. The geotechnical factors cover the complex interaction over a period of time, between the in situ and induced rock stresses, rock structures, rock mass strength and the cable, rock bolt and other ground support members. In the Archaean schist belt areas where many of our narrow vein mines occur the pre-mining in situ rock stresses are commonly significantly higher than the overburden stresses. These are concentrated in areas beneath previous open pits and may be highly concentrated in the pillars and abutments of stopes on narrow veins. The presence of high in situ stresses may be suspected from the appearance of drill cores and underground development long before they become sufficiently concentrated by mining to cause damage or bursts. These initial indications are discussed and modem low cost methods of stress measurement are described. Practical and quick methods of analysing the stress redistribution around scopes and other underground excavations are now available and guidelines for interpreting them in terms of rockmass characteristics, stope stability and support requirements are developed with the object of increasing safety, whilst reducing overall costs and dilution.

Jan 1, 1993

Over the last 15 years the contract mining concept has developed into an integral part of the Australian mining industry. Today it is a $2 billion per annum industry with the potential to continue to grow at a rate of between ten and 20 per cent. Australian contract miners have also exported the concept overseas where growth prospects are unlimited. The industry today is at a cross-road where both contractors and mine owners must consider the current state of the contract mining industry and where it is heading. To look at the present and the future, it is necessary to look back at the history of contract mining and why it has developed. Current industry concerns can then be summarised and the areas that need to be considered to enable the industry to prosper, reviewed. The ultimate goal is to reach solutions with benefits to both the mining companies and the contractors.

Jan 1, 1996

By M Chen, W S. Ng, Y Liu

In the processing of refractory gold-bearing sulfides, pressure oxidation (POX) is commonly known for its role in liberating the gold in solid-solution via oxidation of the sulfide occlusions. For deposits that contain arsenic-bearing species including arsenian pyrite and arsenopyrite, POX serves an important secondary function in the fixation of arsenic, via the hydrothermal precipitation of stable arsenates such as scorodite and basic ferric arsenate sulfate (BFAS). There have been various investigations on the impact of different POX conditions on arsenic precipitation and the stability of the formed phases, but less is known about the changes to the arsenic carrier that occur in the curing stage, which follows directly from POX. The primary function of curing is to coax the dissolution of sulfates to reduce lime consumptions during cyanide leaching, and the slurry is kept at elevated temperatures near 100°C to achieve this. While the arsenic-bearing phases are expected to undergo transformation during this stage, there has thus far been limited experimental evidence. In this study, the effect of curing time and curing temperature on the arsenic-bearing species and arsenic deportment in the POX product has been investigated. Leaching of the curing products was also conducted to examine the stability of the arsenic species in the solid precipitates.

Aug 24, 2022

By Canterford JH, Ritcey GM

With the development of new technology and materials of construction, chloride-based hydrometallurgical routes have gained accept- ance as a viable alternative to sulphate-based routes. A number of commercial and pilot plants built and operated over the last decade have provided invaluable experience and con- fidence in their use. Chloride hydrometal- lurgy, with or without pyrometallurgical pre- treatment, is particularly attractive for pro- cessing complex Cu/Pb/Zn/Ag concentrates, nickel mattes and chalcopyrite concentrates. This review outlines recent developments, dis- cusses advantages, as well as indicating some of the problems still to be solved.

Jan 1, 1984

By Kuruppu M

Geotechnical design plays a key role in mine design. A proper geotechnical design provides a safe working environment and facilitates efficient mining operation. There are mainly three design approaches: (i) judgmental, based on observational and experiential facts, (ii) empirical, based on empirical design formulae; and (iii) analytical, incorporating numerical analysis. Most design applications are based on the design methods one and two as mentioned earlier. However, complexities arise in deep underground mining operations and deep open pit mines. These complexities and difficult geological environment introduce more uncertainties and simple empirical formulae would not be adequate as a design tool. These situations require numerical modelling and analysis of the design problems including interpretation of the results obtained from the analysis. There are several tools available for performing the numerical modelling and analysis. A brief review of the available tools is provided. The authors selected ANSYS (a general purpose finite element analysis tool) for use in mining geomechanics and geotechnical design. This paper includes several examples demonstrating the applicability of this software in designing mining structures. The authors hope that the design examples will demonstrate the use of the numerical modelling and analysis applications in excavation design.

Jan 1, 1995

The valuation of resources companies is open to a huge amount of subjectivity. Not only are valuations subject to fast changing assumptions, such as commodity prices, exchange rates, ore grades, etc., but there is also no common agreement on the methodology to be used. To borrow from Malcolm Fraser, life wasn't meant to be easy for the resource company valuer. I will demonstrate three recent examples of valuations carried out but where the market or actual transactions done show very different results.

Jan 1, 1989

By Adshead ND, Blake KL, Rotherham JF, Rotherham M, De Jong G

Magnetite deposits with distinctive ¦ actinolite ¦ apatite -bearing gangue and spatially-extensive sodic-calcic wall rock alteration occur in both Proterozoic metamorphic terrains and Mesozoic-Tertiary magmatic arcs. Examples from both settings constitute significant sources of iron ore (e.g. Kiruna, Sweden; El Romeral, Chile) and some host major Cu-Au deposits that have a local association with K-silicate alteration (e.g. Cloncurry district, NW Queensland; Copiapo district, Chile). A growing body of evidence points to a hydrothermal origin for these systems involving high temperature, low S oxidized fluids. The Cloncurry magnetite-Cu-Au deposits are products of the local structurally channelized influx of a specialized high salinity ore fluid into larger-scale alteration systems developed during pluton emplacement at greater depths than those associated with subvolcanic (porphyry) Cu-Au deposits. The geological characteristics of deposits in magmatic arcs are consistent with a similar mode of origin albeit in rather different tectonic settings.

Jan 1, 1995

The history of the discovery. and successful development of the offshore Gippsland Basin oil and gas fields has been well docu- mented in contemporarary and more recent industry and profes- sional literature. The various articles, papers and books record fairly balanced views and comments as to the nature and results of the explora- tion effort, and factual data concerning the subsequent develop- ment of the fields and facilities concerned with petroleum production in the Bass Strait and Gippsland environment. Recommended reading for those interested in the scientific and technical aspects of the Gippsland Basin developments and the search for petroleum in the Bass and Alway Basins includes the available library contained in the publications of The Australasian Institute of Mining & Metallurgy The Commonwealth Mining Congres since 1960 The Australian Petroleum Exploration Association The Geological Society of Australia The American Association of Petroleum Geologists Various Commonwealth and Victorian Government instrumentalities Trade Journals

Jan 1, 1988

By G Hobart

Laboratory flotation tests were conducted to investigate the role of pH, zinc sulfate and potassium metabisulfite in the flotation of galena and marmatite in the Broken Hill orebody. Marmatite was depressed under alkaline conditions alone, however the addition of the two depressants, either individually or combined, resulted in the greatest selectivity. The use of zinc sulfate under alkaline conditions resulted in good selectivity whilst maintaining a high lead recovery. The addition of potassium metabisulfite under alkaline conditions reduced zinc recovery, but high additions reduced lead recovery. The addition of both depressants at alkaline pH produced the best result, with a lead concentrate of 72.6 per cent at 98 per cent recovery with less than four per cent zinc recovery.

Jan 1, 2005

In the wake of the United Nations Conference on Environment and Development (UNCED) held in Rio de Janeiro in June 1992, evolved AGENDA 21. This document which was adopted at the Conference, provides a global action guideline for sustainable development into the 21st century.Sustainable mining requires a complete understanding of the `mineral cycle', including government legislation, mineral exploration, mining operations, rehabilitation, product use, re-cycling and waste disposal that takes into consideration associated social and environmental considerations and achieves economic objectives.

Jan 1, 1993

According to the analysis of 126 mine gushing records and the relevant water supply and hydrogeologic condition, the gush can be classified into eight types;cave type,collapse -column. type, subterranean stream type, fault zone type, contact zone type, upper plate type, bottom heaving type and surface water invasion type. The formulae for counting the peak discharge of gushing point are further put forward in this paper.

Jan 1, 1988