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Rosebery Mine is situated on the west coast of Tasmania and is AustraliaÆs largest volcanic-hosted base and precious metals deposit (zinc, lead, copper, gold and silver). The milling operation has been producing zinc, lead and copper concentrates continuously for over 100 years. RoseberyÆs long life demonstrates the operation to be high grade, and high margin, capable of operating through several commodity price cycles. Paradoxically, throughout this long history the ælife-of-mineÆ as defined by proven and probable reserves has been short. Zinifex has demonstrated its commitment to discover the future of Rosebery with the growth project æProject HorizonsÆ. The aim of the project is to extend the life of mine beyond 2020, with an additional exploration expenditure of $19 million over three years. Despite the maturity of the deposit, early success has confirmed the potential with the discovery of new resources. Mine planning strategic studies are challenging established paradigms of mine production, throughput rates and metal cut-off grades. Discovering the optimal process rate for Rosebery, by examining the æHill of ValueÆ and underground mine optimisation is proving critical to the best exploitation of RoseberyÆs rich resources. The promise of finding a mine within a mine is being realised, with new lenses being delivered by exploration success and real grade/tonnage options optimised through dynamic mine planning. The future of Rosebery is co-dependent on these two areas of discovery. This ensures capital expenditure decisions are informed, to secure the next 20 years of wealth creation and beyond.

Jan 1, 2008

By Moyes A. J

The Intec Copper Process uses a strong chloride electrolyte at atmospheric pressure and 80 - 85¦C to produce high purity, 99.99 per cent copper granules and elemental sulphur. A recent, exhaustive study by an independent, major Australian corporation has shown the capital cost of an Inter plant to be approximately half that of a copper smelter at the 200 000 tpa capacity level and approximately half the operating and capital cost at the 50 000 tpa level. The Inter process costs were also shown to be greatly superior to the best available leach/SX/electrowin technology. The process utilises a multi-stage counter current leach at 80 - 85¦C with the addition of air at atmospheric pressure to precipitate iron as a goethite type compound, followed by a two-stage purification process separating impurities in metallic- and other forms. Purified cuprous chloride/sodium chloride solution is fed to an electrolytic diaphragm cell where high purity copper granules are produced at current densities of 1000 - 1500 A/m2 withoutthe need for conventional electrode stripping. Power consumption is approximately half that of the cupric route. The product is suitable for the direct powder metallurgical conversion of the granules to products such as wire or strip. All the steps in the 'furnace free' conversion of copper mineral to product have been demonstrated The process can treat low grade and contaminated concentrates without penalty, thereby offering greater returns to the miner. Lead, zinc and silver may be recovered as metals, with the high oxidation potential of the electrolyte allowing extraction of gold at high efficiency. The gold is selectively precipitated on activated carbon with negligible copper and silver contamination.

Jan 1, 1992

By G Akdogan, R V. R Handfield-Jones

The application of microwave energy as a substitute for conventional heating has drawn interest from many researchers in extractive metallurgy. Microwaves have a heating effect just as many other forms of radiant energy. Microwaves are able to penetrate the substance at which they are directed and in being absorbed heat the material from the inside. As a result of heat generated in the interior of a particle, microwaves can affect the rupture of a particle (in this case a host ore) and break down the matrix of the particle (host ore) and expose the recoverable mineral to the leaching reagent. Two series of leaching experiments were carried out at temperatures above 90????C using a conventional heater (hot plate) and a modified 850 W, 2.45 Ghz microwave oven. One series of tests was carried out at ambient temperature. A pyritic/arsenopyritic gold concentrate was leached with 3.3 kg/t to 6.8 kg/t NaCN for two hours. The extraction of gold at 6.8 kg/t NaCN was higher in microwave assisted leaching (59 per cent) than the extraction obtained in leaching at conventional heating (39 per cent) and ambient temperature (28 per cent). Extraction of gold was dependent on the size fraction used and was 48 per cent for û75 ¦m, 43 per cent for û90+75 ¦m and 37 per cent for û150 + 90 ¦m size ranges.

Jan 1, 2000

By Tack K

During its 28-year life the MHD ISP smelter has gone through two phases, each of about a dozen years. The first phase was a learning one; in the second phase the lessons were applied and throughput and production rose strongly. Early experience revealed the robustness and the flexibility of the Imperial Smelting Process. The experience was demonstrated by strong increases in the throughput of mixed lead-zinc concentrates and of secondary (oxide) zinc materials. Purchased material quantities rose from 175 000 tonnes/year to 200 000. The required capacity increase of the IS furnace to smelt the higher throughput was achieved by relatively minor modifications; for instance a change to the internal furnace profile gained an extra two square metres in cross sectional area. The furnace hearth area has remained practically unchanged over its entire history. The paper concludes that there is still more potential to be drawn from the process and MHD intends to sustain raw material input at a new level of 240 000 tonnes/year. However, this rate will have to be achieved under the imposition of more stringent environmental and product quality standards than ever before.

Jan 1, 1993

By Coronel PT

Like companies in other sectors of industry, mining companies are experiencing significant problems with low labour productivity, high labour turnover, and accidents. Increasingly, companies are recognising that good training is a vital factor in dealing with these problems. One such company is Aberfoyle Tin Limited. Early in 1979 the company engaged P.A. Consulting Services Pty. Ltd. (P.A.) to upgrade and formalize its miner training procedures. P.A. developed a programme using their Process Analysis Method of Training (P.A.M.T.) and trained a company trainer in its use. As a result of its application and the establishment of a formal training school, the rate of production of trained miners has been greatly increased. Despite some problems caused by lack of resources at the mine, the trainees graduating under the new scheme have been shown to be of comparable standard to those produced by the previously used "on the job" training method.

Jan 1, 1980

By S Hapugoda, M Peterson, A Haileslassie, A Poliakov, E Donskoi, L Lu

Most metallic iron in the world is produced in blast furnaces from different feed stocks – sinter, lump ore and pellets. Sinter is the main iron-containing feed to the blast furnace and can constitute up to 70–85 per cent of the total ferrous burden. As sinter quality is a key element for stable blast furnace operation, the textural, chemical and physical characteristics of the sinter are very important. Two major factors that affect sinter strength are mineralogy and porosity. This study utilised optical image analysis (OIA) to characterise sinter mineralogy, and the results were compared to those obtained by manual point counting under the optical microscope.Two major mineral characteristics of iron ore sinter are the presence of primary (unreacted) and secondary (derived from melt) hematite. Standard OIA, which is based on RGB thresholding, is not able to distinguish them as they have the same reflectivity; however, primary and secondary hematite in iron ore sinter have a different morphology. The CSIRO-developed OIA software Mineral4/Recognition4 has a unique feature to identify various textures/morphologies of the same mineral. Together with other capabilities of the Mineral4/Recognition4 software, this feature was used to identify different types of hematite and silico-ferrite of calcium and aluminium and other common sinter phases, such as magnetite, larnite, glass and remnant aluminosilicates.A visual comparison of the sinter mineralogy present in optical photomicrographs and that present in the mineral maps created automatically by the Mineral4 module of the CSIRO software confirmed the accuracy of the automated mineral identification.CITATION:Donskoi, E, Hapugoda, S, Lu, L, Poliakov, A, Peterson, M and Haileslassie, A, 2015. Advances in optical image analysis of iron ore sinter, in Proceedings Iron Ore 2015, pp 543–548 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By Kubik K

Recent significant advances in the Global Positioning System (GPS) have contributed to making real-time kinematic/dynamic process for decimetre to centimetre-level positioning more reliable and ready for the production-use. As a result of research and development efforts in this area, a robust real-time kinematic (RTK) GPS positioning prototype system has been established at QUT for both scientific and engineering purposes. This system is finding applications in a wide range of automobile robots or automatic guidance vehicle systems. This paper first summarises the theoretical basis necessary for centimetre real-time kinematic positioning, then gives a brief description for the real-time dynamic GPS system developed at QUT. The paper summarises the results of a designed vehicle tracking test. The results demonstrated that the differences between RTK filtering solutions and OTF solutions are in the order of magnitude of about 20 centimetres and the accuracy of OTF solutions are in the levels of two centimetres. This confirms that the RTK system delivers three-dimensional position with decimetre-to-centimetre accuracy. This particular RTK processing system is robust and reliable, although the system is referred to as a prototype and will be further developed.

Jan 1, 1997

By Ogilvie M

South Bulli is the oldest and largest underground coal mine in Australia. Two longwall units are in operation and current production is 2.5 to 3 million tonnes of run of mine product per year with a workforce of 600. Prior to 1984 a workforce of around 1,200 produced 1.5 million tonnes. Advances in technology can. of course, account for some of this gain, but the changes made in the human resources area are also seen as playing a major role in South Bulli emerging as a reasonably stable operation.The human resources strategy adopted recognises the value of the workforce and is aimed at not only fostering cooperation as all levels, but also making employees aware of the direct contribution they can make to the success of the enterprise.

Jan 1, 1991

By C Boyle

Brockman 2 mine is located in the Pilbara of Western Australia and is operated by Rio Tinto Iron Ore. Mineralisation is hosted by synclines where there is structural complexity to focus fluid flow. Mineralisation is hosted by the Brockman Iron Formation. Mining is on 10 m benches and blastholes spaced at 6 - 8 m apart are geologically logged, sampled by shovel cuts, and assayed using X-ray fluorescence for ten chemical variables. Blast blocks are digitised by mine geologists to assign destinations of material within blasts. Resource evaluation drilling is on a spacing of 50 m × 50 m across known mineralisation and consists of recent reverse circulation drilling and older open hole percussion drilling. Sampling of resource evaluation drilling is by rotary splitters or riffle splitters, and assaying is by X-ray fluorescence for ten chemical variables. Ordinary kriging of resource evaluation produces a long-term resource model. This study examines whether mine planning would be improved by using a blasthole estimate to extrapolate grades into deeper benches and merging the blasthole estimate with the long-term model made using resource evaluation drilling. The two estimates are merged into one model using an inverse weighting based on kriging variance. However, reconciliation results in a test bench show the original estimate made using resource evaluation drilling more closely matches mine geology block outs than does the merged model. This is due to a local trend of more high grade and higher iron grades of high grade in the area. The blasthole estimate of deeper benches must use extrapolation and it is diffi cult to take local trends into account. In contrast, the estimation using resource evaluation drilling is mainly interpolation and is better able to handle local trends.

Jul 11, 2011

One of the chief drawbacks to Bendigo mining always has been the difficulty of draining the mines in an equitable manner, so that each company or mine owner bears the properly share. The trouble seems to have been apparent on this field since the diggings were discovered. One mine would push on more expeditiously than its neighbour in looking for the precious metal and sink its shaft, whilst those in the vicinity would simply potter about, and discontinue sinking until gold was struck in the deeper ground, and: then they would go ahead, start sinking, while the pioneer would have to pump all or most of their water. This sort of thing continued here for years until the leases were worked down to the very deep ground and the water became such a b.urden on those companies that had deep shafts, that first one stopped hauiing and then others; with the result that over 1000 feet of water was allowed to accumulate on the New Chum line. lt appeared that if something were not done the whole of the main line of reef in the Bendigo district would be at a standstill, when a scheme was formulated and handed to Mr. Lansell, who, with other gentlemen, took the matter up, and at the present time all the mines on that particular portion of reef are in full work and the water all bailed out.lt is this scheme that I am requested to place before you and also to give you the details of the work done since its adoption.

Jan 1, 1902

By C Torrisi, J Andreatidis, M Duffy

BHPÆs Cannington process plant was commissioned in October 1997. The Cannington ore contains high grades of silver, lead and zinc but also contains high levels of fluorine which must be removed to produce a marketable concentrate. As a consequence the plant is more complex than the typical base metal concentrator. Some of the features of the Cannington operation include a single stage autogenous mill, multiple stages of flotation cleaning, two leach circuits, pressure filtration and a paste fill plant. The start-up and achievement of design performance for new lead/zinc operations has traditionally taken much longer than for gold or copper operation and is littered with many tales of woe with feasibility targets often not achieved (Agarwal, Brown and Katrak, 1984; Bulatovic and Wyslouzil, 1999; Leung, Andreatidis, Woodall and Alford, 1996; Sherman, 1999; Ward, 1998).

Jan 1, 2000

By M J. Daniel

Mineral resources all over the world are often heterogeneous and have variable ore properties and ore grade. As a result the ore processed in concentrating plants varies over the life of mines. Consequently the circuits often suffer from bottlenecks typically at the stages of crushing, semi-autogeneous (SAG) and ball milling. Bottlenecks may be remedied with equipment retrofits, however, design engineers should consider a phased approach to the circuit design that delays initial capital expenditure over the life-of-mine. This paper deals with the debottlenecking of existing mineral processing plants by means of high pressure grinding roll (HPGR) applications. It also deals with the use of innovative flow sheet designs using HPGRs for the design of Greenfield plants by engineering or mining companies. In the case of Greenfield plant design an analysis with respect to energy efficiency and operating cost (OPEX) is presented. The analysis compares the performance of SAG based circuits against HPGR circuits that may be influenced by variable ore properties. Globally about 600 HPGRs are installed in various applications in the cement and minerals industries. In excess of 100 of these HPGRs are used since the mid 1980s for crushing and grinding of various ore types including æhard rockÆ applications. HPGR technology is mature enough to be considered as an ideal debottlenecking device. HPGRÆs are versatile, they have a low installation footprint and they are flexible in its machine settings (pressure, roll speed), which can be adjusted to react to ore variations whilst maintaining a high throughput. Examples for the benefits of using HPGR in terms of energy efficiency and operating costs are presented by this paper. æEco-efficientÆ flow sheets and sustainable development initiatives are linked to energy savings as an æenergy costÆ and benefit to the environment. Energy savingsÆ can also be analysed in terms of the ædollar costÆ (OPEX) savings. This paper demonstrates that HPGR is more energy efficient and may reduce the overall grinding energy requirements in the order of 16 per cent depending on the target grind size and ore properties. The HPGR is more cost efficient and may reduce overall grinding costs by as much as 19.3 per cent depending on the cost of energy, grinding media and the rate of grinding media wear in the comminution circuit.

Jan 1, 2009

By Jamsa-Jouneia SL, Lahteenmaki S

Sophisticated control systems require sufficient and reliable information from the process to be controlled. At the Pyhasalmi concentrator two novel measurements, a particle size indicator (PSI) and a mill level monitor (MLM), have led to significant progress in the control of the grinding circuit. The PSI and the MLM measurements have brought additional information from the process. The PSI has been an absolute prerequisite for determining the overall grinding circuit efficiency and the design of the integrated grinding and flotation control system. The MLM measurement has enabled studies on the volumetric filling of a mill to be utilised for maximising the mill throughput. The paper describes the operation principles of the PSI and MLM devices and the additional process information received. The results of a metallurgical pre-control audit are discussed and finally the design of the integrated control system is outlined.

Jan 1, 1993

By Wu H. W, Just G. D

Australia's mineral resources boom in the two decades up to 1980 saw the establishment of about 25 new mining towns across the continent Quality housing and a high standard of community services were incorporated to attract a labour force for the major mine or mines i eing serviced. Town construction costs were high and were principally born by the private enterprise mine developer. There has been a change in the pattern in recent years and over 20 new mine developers have adopted a fly-in fly-out arrangement rather than construct new towns. Employees are drawn from a home base which is typically a large city, coastal community or established mining town and flown to the mine site for intensive work periods of about two weeks. The change has occurred for many reasons. Mining companies have been unwilling to support the high construction costs of towns, short life and smallermining operations do not justify a town, fast jet aircraft are available and there is a better perceived family lifestyle in established (coastal) communities. On the other hand reduced permanent development at new mine sites does not assist Australia's perceived need for decentralization. There have been questions as to the social problems which may develop from the artificial separation of the "breadwinner" from his family. The paper reviews a recent survey of the attitude of Australian mining companies employees, governments and unions to fly-in fly-out arrange- ments. The support for this approach is analysed and conclusions drawn that the concept is likely to be with the Australian mining industry for some time in the future.

Jan 1, 1991

THE township of Costerfield is situated in the parish of Costerfield, county of Dalhousie, and lies 6 miles east of Heathcote and 30 miles south-east of Bendigo. It is separated from Heathcote by the Mt. Ida Range, which forms the western boundary of the Silurian formation. It is situated at the head-waters of Tin-pot Creek, a small southerly tributary of the Deegay Ponds Creek, which flows east to the Goulburn River.The field was discovered in 1860 by two prospectors, Coster and Field, who were guided there by a shepherd, M Nicol Coster and Field had already discovered an antimony lode about three miles nearer Heathcote, when M Nicol offered to guide them to the larger outcrop. The main Costerfield reef at that time projected above the surface, and was white through oxidation, though the bluey sulphide showed on fracture. No alluvial gold of any consequence was obtained at Costerfield, but a little was obtained, at Redcastle, 7 miles to the north, and in some of the gullies to the east.Following its discovery there came a period of prosperity to Costerfield, while the mining operations were confined to the oxidized zone. The early success of mining at Costerfield was due to the gold values, and it is probable that the oxidized zone was secondarily enriched. The earliest available record of values is a crushing of Coster and Co. on the Antimony reef (now known as the Costerfield reef), when 200 tons from a depth of 70 ft. averaged 4 oz. per ton in July, 1861. At this time a crushing mill had not yet been erected at Costerfield, and the ore was carted and treated at Redcastle. The massive antimony ore, consisting of mixed oxides and sulphides, was separated by hand-picking as "marketable ore," and the remainder crushed for gold. A higher average is recorded from South Costerfield in September, 1861, when a 15' cwt. parcel...

Jan 1, 1922

By G P. J Dijkema, M A. Reuter

From a material cycles perspective all processes are interconnected and consequently a process can never be evaluated as an isolated and independent unit. This also holds true for the evaluated co-incineration options. Environmental and sustainability issues for example, such as raw material and energy utilisation or air pollution, are a resultant of the whole system of industrial activities. It is therefore important, not to optimise a single process or industrial activity, but rather the whole system. Although engineering procedures for the design of individual industrial units are well developed, the problem of determining the best arrangement of these interconnected units is often far more difficult. Regulation that manages the arrangement of the units for waste processing is still under construction. In the evaluation of co-incineration, analogous principle from process control can be used: feedforward control. This principle includes the determination of which outlets can be used for all process outputs, hence avoidance of any æunusableÆ products or wastes possibly arising from co-incineration. To establish the extent, to which produced wastes are usable, a system overview is necessary, in addition to in-depth information on the subsystems, which produce and can consume wastes. Material cycles modelling can be used as the basis for a tool that supports the development of a suitable playing field. It should provide overview of the system and in-depth information on its subsystems. This tool then represents an attempt to bridge the gap between æholisticÆ industrial ecology and process engineering.

Jan 1, 2000

By I Sherrell, R Jain

Worldwide iron ore feed grades are trending downwards and will continue to do so with the increasing difficulties of upgrading ores. This has led to operations looking for ways to capture current tailings that still contain valuable material. In the past, these were acceptable to dispose of, but this practice is no longer economically feasible. With the increasing trend of re-mining previous tailings deposits that could be decades old, new equipment designs have been introduced to upgrade current or historic beneficiation plants. These designs can effectively upgrade these tailings to saleable products.Outotec conducted test programs for upgrading iron ore tailings from flotation rejects, thickener underflow or tailings dumps on samples provided by customers around the globe. The studies utilised Outotec’s SLon vertically pulsating high-gradient magnetic separator in combination with preprocessing equipment such as low-intensity magnetic separation, screen or scrubber and flotation for downstream processing of the magnetic concentrate. A review of the equipment required to economically process these tailings is provided, along with testing data and industrial implementation examples. The effect of different operational and design parameters on Fe grade and recovery from processing each tailings sample has been highlighted.CITATION:Jain, R and Sherrell, I, 2015. Iron ore tailings reprocessing to maximise ore production, in Proceedings Iron Ore 2015, pp 149–158 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

By P Illig, R Newberry

"An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation. Recent exploration efforts in Eastern Interior, Alaska have discovered significant ca 72 Ma Au-Cu-Ag sulfide-amphibole skarn mineralisation within metamorphic rocks of the Yukon Tanana Terrane, 20 km SE of Tok, Alaska. Contango ORE, Inc’s 1.1 Moz Au-equivalent Peak deposit skarn discovery is hosted by an argillaceous marble layer in quartzite and micaceous quartz schist. This skarn mineralisation is both younger and much more Cu-rich than the typical ca 90 Ma Au intrusive-related gold deposits in the Tintina Gold Belt (eg Ft Knox and Pogo). Silicates at the Peak skarn are predominantly high Cl-, randomly oriented, Fe-rich amphibole, lesser chlorite and minor (<1 per cent) residual clinopyroxene (Hd80–90). Amphibole is ferroedenite to hastingsite and contains up to 4.2 wt per cent Cl-. Pb-Zn-Sb veins are most distal and cut schist wall rocks and amphibole skarn. The predominant sulfide mineral is pyrrhotite, with subordinate arsenopyrite and lesser chalcopyrite, native gold, minor pyrargyrite (Ag3SbS3), trace Jonassonite (AuBi5S4) and maldonite (Au2Bi). Native bismuth, galena, hedlyite (Bi7Te3) and Joseite-A (Bi4TeS2) are also present.Unmineralised garnet (Ad38–43) + pyroxene (Hd60–63) and pyroxene-rich (Hd76–80) skarn occurs in different fault blocks from the Peak skarn and represent proximal skarn related to different intrusive centres. Amphibolites in the region are true metabasites, display metamorphic fabrics and lack the high Fe-Cl compositions of the amphiboles in mineralised skarn. Residual clinopyroxene in the Peak skarn is rare, and most of the hornblende is coarse radial splays that shows no evidence for replacement of pyroxene. Consequently, we propose that the sulfides and hornblende were mostly direct replacements of argillaceous marble and not formed by retrograde alteration of pyroxene-rich skarn. The high-Cl amphiboles indicate that the fluids were Cl-rich and presumably carried Cu via Cl complexing, unlike the Cl-poor fluids associated with ca 90 Ma Cu-poor deposits of the region.CITATION:Illig, P and Newberry, R, 2015. Amphibole Au-Cu skarn and massive sulfide replacement at the Peak deposit, Eastern Interior, Alaska, Peru , in Proceedings PACRIM 2015 Congress, pp 415–422 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 18, 2015

By B Small

CSA Mine, named after the nationalities of the mines first owners being Cornish, Scottish, Australian, is one of Australia’s deepest and highest-grade copper mines. A combination of the modified Avoca method and shrinking was a standard practice where production rings were fired against and bogged to waste fill. This method resulted in dilution and involved rehandling of waste material to refill the bogged stopes in the Western region and the QTS Central. The introduction of pre-charging blastholes using a wireless initiating system (WebGen™) has enabled CSA to design and fire stopes in reverse. This involves the use of a pre-charged Temporary Rib Pillar (TRP) against the waste fill material in a previously mined stope. The temporary pillar reduces dilution and improves conventional bogging as material is blasted towards the drawpoint rather than towards the waste fill material. Additional drill, prep and blast re-work is reduced or completely removed as rings can be charged prior to, in conjunction with, or after, charging of the slot. This is a safer practice as the charge crew spend no time working adjacent to a brow or open void. A TRP trial was conducted in the western orebody at CSA. The risk of exposure to a brow or open void while charging underground, and the bogger rehandling of waste material was successfully eliminated. Once reverse stoping was established in modified avoca stopes at CSA, two TRPs were implemented in challenging ground conditions in the QTS Central region. The TRPs were utilised in a retreating four-way intersection to extract a central diminishing pillar to close the level out. The ore recovered in this stope provided 5 per cent of CSA’s copper for the year. Without pre-charging with a wireless initiating system, two 5 m pillars totalling 6936 t of ore at 7 per cent either side of the stope would not have been recovered. CSA has implemented the practice of reverse stoping in modified avoca stopes using TRP for ten stopes since the successful trial. The development of additional blasting techniques enabled by precharging with wireless initiating systems is currently underway in the QTS North orebody at CSA Mine.

Mar 29, 2023

The general principles of technical due diligence best practice that are involved in assessing a mineral property in the early stages of its development are described and a bibliography of relevant papers is attached. The issues specific to the evaluation of gold deposits are highlighted. The Australasian Institute of Mining and Metallurgy's (The AusIMM) initiatives in this area, dealing with the proper public reporting of Reserve/Resource information (JORC Code) and property assessment/valuation (VALMIN Code), will be used as a framework against which the illegal tampering with drilling samples to artificially boost their gold content (salting) from the Busang gold deposit (Kalimantan, Indonesia), owned by Bre-X Minerals Limited (Calgary, Canada), will be reviewed. While the Busang saga was based upon fraud, through salting the samples, the general lessons to learn from such a scam are worth documenting. In Australia, most of those working in the mineral industry belong to long established professional institutes and consultant associations (eg The AusIMM or Mineral Industry Consultants Association [MICA]) that require their members to work within their technical limits and to comply with best practice guidelines, or risk being judged and found wanting by their peers in the context of strong Ethics Codes. There is also a strong interface between such representative professional bodies and the corporate and financial market regulators (ASC/ASX), which closes the monitoring loop. Canada has only now seen the wisdom of having this type of early warning system in place. Fraud and deliberate deception will be always possible, but deception on the enormous scale that occurred at Busang is most unlikely with proper surveillance systems in place and the use of accredited technical professionals. There should have been more hard data available about so big and rich a deposit owned by a C$6Bn company.

Jan 1, 1997