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Valuers of mineral properties should be aware that accountants are a major user of their opinions of value. Reliance by accountants can range from obtaining comfort that book values in balance sheets are not overstated to establishing values by which to assess the fairness of a takeover offer. Accountants using mineral property valuations clearly can't be expected to have the same level of expertise as the valuer and ""second guess"" the valuation. But they do have an obligation, under the ASC guidelines and their own professional standards, to'check the logic and reasonableness of the valuation before being able to rely on it. This means reviewing the valuation report for general sensibility, discussing the methodologies and assumptions with the valuer and being satisfied as to his competence and independence. This paper outlines how accountants use mineral property valuations, the level of scrutiny applied to such valuations and the problems commonly encountered in practice by accountants seeking to rely on them. The paper also explains how values of-mineral properties are established in company balance sheets and why these often differ, quite validly, from fair market values.

Jan 1, 1994

The Douglas mineral sands deposit is located 75 km north of Hamilton in western Victoria, Australia. The deposit was discovered in the late 1990s by Basin Minerals Limited and purchased by Iluka Resources Ltd in 2002. Prestrip mining commenced in December 2004, with ore mining commencing in August 2005. Douglas is the first of several projects being implemented by Iluka Resources Ltd in the Murray Basin, with all heavy mineral concentrate planned to be treated at the companyÆs mineral separation plant in Hamilton. The mineralisation at Douglas lies along the south-eastern margin of the Murray Basin. It is hosted by marine Pliocene Loxton-Parilla Sands and consists of three discrete deposits; Bondi Main, Bondi West and Bondi East. The mineralised sediments dip at a low angle to the west and lie unconformably beneath a veneer of top soil (50 - 100 mm) and subsoil (up to 600 mm) and between three to 12 m of overburden. The barren overburden, characterised by high clay content (<53 ¦m material) generally provides a stark contrast to the sandy ore, which is between 1 m (parts of Bondi East) and 15 m (Bondi Main) thick. Both overburden and ore are removed utilising standard dry mining techniques using both scraper-bulldozer and truck-excavator combinations. All ore is delivered to run-of-mine (ROM) stockpiles before being reclaimed by front end loader into the processing plant. Grade control at Douglas is based around visual dig control aided by high precision survey, which enables accurate reference to the resource drilling and block model data. Vertical excavator faces, inclined scraper faces plus regular test pits and trenches provide opportunities for in pit mapping and sampling. This data is used to refine not only the resource estimate for Douglas but also the drilling, interpretation and resource modelling methods used for similar deposits across the basin. The foundations of the geological reconciliation process at Douglas are the in pit surveys undertaken each time the mining fleet has completed building a ROM stockpile. These surveys and the subsequent interrogation of resource models enable robust estimations of the heavy mineral content of the stockpiles, which are subsequently used to predict the daily input grades into the plant during their reclamation. Reconciliation of this daily data is then undertaken at the end of each month against metallurgical production data and plant balances. Learnings and results from the reconciliation process are used to further refine subsequent resource models and modelling methods.

Jan 1, 2009

By B P. Banerjee, D Patra, S Raval

Roof bolts are an essential component of roof support systems in underground mines. They are used to provide structural support to the roof of the mine and prevent it from collapsing. Therefore, it is imperative to perform regular assessments of these roof bolts to avert any hazards. Manual investigations of roof bolts are done by surveyors in underground mines, which is extremely timeconsuming and challenging due to the low-light conditions in underground mines accompanied by stringent mine access rules. To this end, automated recognition of roof bolts in 3D point cloud data obtained through laser scanning in underground mines serves as a potential solution to aid roof bolt monitoring. With the continuous advancements in laser scanning-based 3D data acquisition systems, the feasibility of making such surface estimations from 3D point cloud data has increased severalfold.

Sep 1, 2024

By M Barker, H Li

The total number of tailings accidents has reduced from over 50/decade in the 1960s-1980s to less than 30/decade in the 2000s to 2010s. However, the rate of significant tailings dam failures has not been reduced. The significant tailings dam failures the mining industry experienced in the recent history include: Merriespruit, South Africa, 1994; Los Frails, Spain, 1998; Kolontár, Hungry, 2010; Mount Polley, Canada, 2014; and Samarco, Brazil, 2015. The conventional Factor of Safety approach itself may not be enough to further reduce the rate of significant tailings failures due to its limitations such as uncertainty. For example, the same factor of safety could have a vast range of annual probability of failure for different tailings dams, and insufficient consideration of failure consequence. This paper presents a risk based approach for design with the objective being to minimise tailings dam failures, especially those significant tailings failures with high consequence and low probability. This approach includes risk based design and risk management using bowtie tools. In the risk based design, quantitative analysis will be used to estimate the annual probability of failure and the tolerable failure criteria is linked to the consequence category. Bowtie analyses will be used to understand hazards and risks and identify and select independent controls that are effective in preventing and mitigating catastrophic failures. In this paper, examples of risk based design and bowtie analyses are presented and discussed. CITATION:Li, H and Barker, M, 2018. Risk-based approach for minimising tailings dam failures, in Proceedings Mine Waste and Tailings Stewardship Conference 2018, pp 397–414 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 23, 2018

Cyanide is a significant contributor to the cost of producing gold. Any reduction in cyanide consumption that is achieved through more reliable measurement, and/or more efficient management of cyanide dosing rates, can produce a significant financial saving to the mine operation.

Jan 1, 1997

The paper examines the current status of risk and accepted practice in mining geomechanics. It explores some deficiencies in human capital, risk analysis and our future technical needs, and suggests ways of improving our estimates of slope reliability through knowledge sharing and research.

Jan 1, 2003

By M Tsai

Tube bundle gas monitoring systems have been used in the mining industry for over 50 years. The initial design was based on four individual gas analysers along with a series of solenoid valves, gas sample conditioning and flow control mechanisms to ensure the correct gas flow stream volume to the analyser. Simtars staff have identified flow control issues when providing operational support to coalmines on numerous occasions. The accuracy of the oxygen analysis is dependent on control of the gas flow to the analyser. Oxygen is one of the parameters used in calculating Graham’s ratio which is used for the detection of spontaneous combustion activity in coalmines. This paper will provide data which identifies the flow control issues by comparing mine site records for the two surface sample lines in the analyser room and the gas cage. Mine sites will be deidentified within the paper. The paper will discuss some of the changes that have been made in modern tube bundle systems and compare the change to the initial design specification developed by the UK National Coal Board, investigate possible operational impacts and provide a technical fix to solve the current flow issues being experienced at some mines.

Oct 12, 2022

By Rospigliosi RT, Krouse HR

The San Vicente stratabound zinc-lead rhythmite deposit, Peru, is hosted in carbonates of the Late Triassic - Early Jurassic Pucara Group. These strata were deposited in a large, shallow water, carbonate platform which extended nearly continuously for 150 kilometers (north-south) in the eastern part of the Pucara basin.The distinctive sulfide-bearing rhythmites occur in three dolomite units which, from bottom to top, include the San Judas horizon with one sulfide-bearing manto; the San Vicente horizon with seven sulfide-bearing mantos including the main ore horizon; and the Alfonso horizon with three sulfide-bearing mantos. The dark gray sulfide-bearing dolostone layers range in thickness from a few millimeters to a few centimeters and contain variable amounts of carbonaceous material, pyrite, quartz, fine-grained sphalerite and galena. They are bordered on each side by selvages of yellow to red-brown coarse-grained sphalerite containing minor amounts of galena. Coarsely crystalline white or gray sparry dolomite is found between the coarse-grained sphalerite layers. Although commonly stratiform and uniform in thickness, the dark layers curve, "pinch out," coalesce, and form "islands" and "peninsulas."Mineral replacement textures, the paragenetic sequence, and presence of sparry dolomite, bitumen, intraformational breccias and isotope data support a hydrothermal replacement origin by metal-bearing solutions that deposited the ore and related minerals in space previously occupied by dolomite and evaporite minerals. The alignment of the Zn -Pb deposits, and at San Vicente the orientation of the mantos, the spatially and temporally associated igneous sills and the tourmaline-bearing sandstone support hydrothermal mineralization driven by a magmatic heat source in a tensional regime.

Jan 1, 1990

In classical drill and blast underground mining methods, especially narrow vein operations economic quantities of broken ore can be left behind following normal mucking operations on the stope floors. The ore left behind can have significant economic value and if not collected can be lost forever. This paper reviews techniques for cleaning this material from stopes that have been used in the past and reviews possible modern techniques that can be applied to ensure this valuable material is removed from the stopes.

Aug 1, 2010

By S Mitra, T Singh, D O’Dea, T Honeyands

Permeability and air flow rate in the bed during iron ore sintering is crucial to controlling the sinter quality and productivity of a sinter plant due to its influence on the flame front speed. In the present work, the permeability of the bed during sintering was analysed by means of measured pressure drop and temperature at multiple points in the bed during sintering. Three different zones were categorised, ie humidified (green) bed, region of maximum resistance (high temperature zone) based on temperature, and sintered bed. Previous work has shown that the maximum pressure drop during sintering was due to several concurrent physico-chemical processes including dehumidification, calcination of fluxes, dehydroxylation of goethite, combustion of coke and melting of granules (>1200°C). To quantify the effect of the different process, sintering experiments were conducted in a milli-pot (diameter 53 mm, height 400 mm) with pressure and temperature measured at same location in bed. The milli-pot was fitted with four equidistant (80 mm apart) taps. Overall, five sections in the milli-pot were analysed for pressure drop at different times during sintering. It was found that in region of maximum resistance, coke combustion and flux calcination were highest contributors with ~35 per cent of the pressure drop when compared to other processes like de-humidification and goethite dehydroxylation which contributed to ~20 per cent and 25 per cent each respectively. The pressure drop contribution of the coke combustion region increased with increasing coke addition rate.

Nov 8, 2021

Disasters are often tragic outcomes of high-risk technologies such as mines. In Australia, more mines are being developed every day, and the risk of disasters is ever increasing. No matter how effective our conventional safety devices are, there is a form of accident that is inevitable. These relate to accidents that result from æinteracting failuresÆ in a way that could not be foreseen by the designers. In so-called ætightly coupled production systemsÆ (processes that happen very fast, such as on a high producing mine) the risk is even higher and our risk controls mostly introduce some sort of a technological fix. While we are at the one hand attempting to control the risk, we are also introducing another level of complexity. Are we really controlling the risk? This is one of the fundamental questions that will be addressed in this paper: Do we have the ability within the mining industry and other industries to effectively prevent these catastrophes, or are we, on the contrary, faced with an increasing risk as a result of increasing complexities of our technology, management systems and practices. This paper will contend that perceived improvement in risk control is an illusion of activity, and that the likelihood of mining catastrophes may be exponentially increasing. Although the paper focuses on the mining sector many aspects may be applicable across a range of industries. This paper will further contend that we are applying the right solutions to the wrong problems. Our focus is technological and procedural, while our problem is one of production cultures ripe for error and failure.

Jan 1, 1999

By M F. Jennings, N J. Corlis, B J. Thomas, L N. Tylkowski, A E. Petts, G D. McDonald

Flinders Mines is an iron ore explorer and developer with a tenement package located in the Hamersley Ranges region of Western Australia, approximately 70 km north of Tom Price. Exploration over the past five years has identified a Global Resource in excess of 900 Mt at a grade of 55.2 per cent Fe (+50 per cent Fe cut-off). This resource is spread across multiple deposits and has been divided into a number of mineralisation type domains. These domains are comprised of transported hematite rich detrital iron deposits (DID) and goethite dominant channel iron deposits (CID) as well as in situ bedded iron deposits (BID). The BID at PIOP is low in alumina and silica with a high calcined iron content making it an attractive exploration target. BID exploration techniques include a combination of mapping, structural analysis, downhole gamma logging and 3D geological modelling. Relationships identified between existing BID mineralisation, geology and structure has aided in targeting additional mineralisation across the tenement and highlighted other previously untested areas that warrant further investigation.CITATION:Tylkowski, L N, Corlis, N J, McDonald, G D, Petts, A E, Jennings, M F and Thomas, B J, 2013. The hunt for hydrous bedded iron deposits - an investigation into Flinders MinesÆ Blacksmith Tenement, in Proceedings Iron Ore 2013 , pp 121-126 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 12, 2013

Computer applications are ideally suited to the day to day operations of grade control and short term planning on a mine site. By refining this part of the operation there is scope to increase profits by more accurately predicting ore grade and tonnage, and allowing the mining engineer more flexibility in his approach to scheduling. Large numbers of blasthole or ditchwitch samples need to be processed in a fast and efficient manner, and stored in a database for future reference. The mining engineer has to calculate tonnages and subdivide the blast or digging area into mineable areas of waste, low and high grade ore. New grade and tonnage information must be used by the mining engineer to update his short term plan. Answers must be obtained quickly and efficiently, but a high level of individual input is necessary in order that maximum use is made of the information. Geostatistical analysis of samples can be used to refine the interpolation techniques. Reconciliation between the original grade model, the newly sampled area, and the final product should be monitored continually.

Jan 1, 1989

By Lewis RW, Tullemans FJ, Gallo JB

Gold mineralization at Kidston occurs in a semicontinuous zone near the margin of a large, late Palaeozoic breccia pipe. The pipe is ovoid in plan, funnel-shaped in cross section and straddles a contact between Proterozoic metamorphic and granitoid rocks which are intruded by a swarm of late Palaeozoic acid dykes. Rock fragments within the breccia pipe reflect the enclosing country rocks and mix in various proportions to form gradational lithological domains. Most of the gold is free and is located in the breccia matrix and in a set of inwardly dipping sheeted quartz veins which kink around the pipe margin. Sulphide minerals, dominantly pyrite, occur as disseminations in the breccia matrix and as aggregates in the cores of quartz veins. Hydrothermal altLration is pervasive within the breccia and is most intense in areas with the highest percentage of acid dyke fragments. Sericite and carbonate are the main alteration minerals. An empirically developed genetic theory for the formation of the breccia pipe and attendant mineralization involves magmatic and post-magmatic processes associated with the intrusion of a granitoid body to a shallow level in the crust. Economic evaluation of the deposit relied heavily on the results of diamond drilling. Both polygonal and geostatistical reserves were calculated and found to be in close agreement. Geostatistical reserves are considered to more closely reflect the tonnes and grade achievable during mining. Daily geological mine routine is strongly biased towards grade control allied with the practical aspects of open-pit mining. Tonnage/ grade correlations between ore blocks geostat- istically generated from exploration diamond core results and ore blocks generated from high

Jan 1, 1986

By Seib W

In cut-and-break rock excavation use is made of the fact that breaking rock in tension towards a free face requires a specific energy of excavation which is small in comparison with that required for rock excavation using conventional tools operating by a process of indentation of the rock.The process of cut-and-break excavation comprises firstly a cutting step in which a groove is cut into the rock surface, followed by a breaking phase in which a tool is inserted into the cut in order to break the rock adjacent to the cut.

Jan 1, 1992

By Y Pan

The recycling of steel is a crucial aspect of the shift toward a sustainable metals industry. The emphasis on steel recycling through the introduction of the scrap based mini-mill concept is also matched with a desire for greater product quality and reduced environmental impact, which, in turn, has generated important innovations. There have been significant advances in the technology for recycling steel over the last 20 years and this paper will provide an overview of these developments and discuss future directions in steel recycling including scrap management, control of tramp elements, electric arc furnace technology and ladle metallurgy.

Jan 1, 2004

The epizonal Ag-Pb-Zn vein deposit at San Bartolome is characterised by a base-metal sulphide assemblage containing the spectacular development of interpenetrating, bladed networks of pyrrhotite which have been replaced by marcasite and pyrite. A similar assemblage displaying the same crystal habits and textures are also a diagnostic feature of the Sn and SnAg deposits ofBolivia. On this basis, it is reasonable to conclude that both deposits were formed from fluids of similar nature and origin. Although no economic accumulation of Sn is known in San Bartolome, further comparison of the geologic setting, age, mineralogy, fluid inclusion data and magmatic association of this deposit with the Bolivian systems has highlighted additional similarities consistent with a hypothesis that more extensive Sn mineralisation might exist in the San Bartolome area.

Jan 1, 1995

By S Sullivan

The key skills for a competent geologist are observation, documentation, analytical thought and the ability to communicate. These attributes have served the geological world for the past two centuries since the field of geology was separated out from natural philosophy. The understanding of the structural setting, lithologies, alteration and 3D distribution of the target mineral species are essential precursors to resource evaluation and potential economic extraction. The advent of artificial intelligence and machine learning has matured to the point where observation by dedicated sensors and analysis by customised AI algorithms can replace manual processes and deliver credible results. In combination with analytical data such as assays, various sensors now collect physical properties of rocks which are used as proxies for mineral identification and rock mass classification. These sensors include X-ray and infra-red spectra, magnetic susceptibility, gravity/density, EH/pH measurements, conductivity, colourimetric readings, porosity, fracturing and fracture intensity. Analysis using machine learning techniques trained using known data sets can determine rock type classification, rock density, quantification of grade/quality attributes, mineral alteration, weathering and geotechnical attributes such as rock quality. This type of data relies on calibration and quality control of a variety of different types of electronic hardware. The resulting data is non-additive, has error ranges and will be suitable for consumption by fast AI methods providing probabilistic analysis. A second stage could include geometallurgical constraints to provide an ‘extractability index’, which is of more interest to miners than pure geotyping. Using resultant interpreted geological criteria, 3D domain models with spatial attributes will be built.

Sep 1, 2024

By J Walshe, G Duclaux, L A. Fisher, R Hough, J S. Cleverley, M F. Gazley

Characterisation of hydrothermal gold systems across multiple scales is increasingly important for our understanding of ore deposit genesis and for targeting new mineralisation. Published work on multiscale mineral system exploration focuses either on applying a single technique across scales or on incorporating a series of techniques across a limited scale range. Typically, these studiesÆ spatial scales vary from crustal to deposit-scale and have successfully linked the distribution and shape of major orebodies to fault systems or varying lithostratigraphy. But, is this scale small enough to answer fundamental questions about the relative timing, processes interactions and mechanisms involved in the formation of ore deposits? We illustrate the potential of a deposit to microscale study, using the Plutonic Gold Mine in Western Australia as an example, to better understand hydrothermal gold systems. Using an integrated approach combining lithological and alteration logs, various geochemical data set, meso- to microscale structural and textural observations and spatial data assimilation, we have revisited the fundamental processes involved in the formation of this significant gold deposit.CITATION:Duclaux, G, Hough, R, Gazley, M F, Fisher, L A, Walshe, J and Cleverley, J S, 2013. A multiscale approach to hydrothermal gold systems - unravelling mineralisation processes at the Plutonic Gold Mine, in Proceedings World Gold 2013 , pp 95-98 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 26, 2013

By N Cann

In the 10 years from 1998 to 2008 the annual number of fatalities in the Australian mining industry has plateaued (MCA, 2007-08 and abc.net.au website). Despite significant efforts to eliminate fatalities, this is not a comfortable statistic in this very public performance indicator.GHD has been working with the mining and minerals processing industry to identify the key risks that lead to fatalities utilising a semi quantitative risk assessment technique (SQRA®), initially developed to assist Major Hazards Facilities prepare Safety Cases (OH&S, 2007-08) in response to the Longford Incident in 1998 (Dawson and Brooks, 1999).Workshop cross functional teams are assembled from the sites and led by the GHD facilitators to identify the incident types that can have fatal consequences, the causes of those incidents and the controls that are utilised (or could be utilised) to reduce the risk. The risks for each incident type are quantified to produce a risk profile for the facility and the critical controls – the controls that have the greatest impact at reducing the risk of fatality – are selected. These controls are assessed for their adequacy and improvement actions are identified. Prioritisation of the actions is achieved by re-estimating the incident risk profiles.A review has been undertaken using a small sample from the more than 100 individual studies that GHD has completed at mining and minerals processing sites. The five most significant risks reported by sites are:1. Fall from Heights,2. Vehicle/ Vehicle and Vehicle/Pedestrian interactions,3. Entanglement,4. Molten Metals and Materials, and5. Electricity.The most significant reductions in risk identified were found to be by implementing engineering controls. Examples include:1. Chutes to contain splashes and spills of molten materials,2. Redesigning instrument and equipment layouts to take personnel away form high risk areas,3. Designing remotely operated equipment to remove personnel away from high risk areas,4. Proper fire fighting equipment provisions such as deluges around flammable materials, and5. Adequate risk assessment to ensure equipment is designed to handle the real situations and not a design case to meet an arbitrary specification.All of these cases and many of the actions identified in the studies could have been handled through better design and construction early in the life of a project rather than retrospectively fitted after operations have begun.

Aug 8, 2011