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This article presents a proposal for the rehabilitation of the mined area of the Mogiana quarry. The Mogiana quarry produces material used in civil construction and is situated in the Brazilian State of Spo Paulo in the kilometre six of the Mogf Mirim - Itapira highway. The mineral exploitation in the Mogiana quarry provokes modifications in the environment such as alterations in the relief, vegetation, quality of the air, water and landscape. Through previous study of the area it was verified that after the closure of the exploitation the mine should be occupied mainly by pasturage. At the closing of the mine the exploitation benches, berms and slopes in general as well as the surrounding areas should be covered with a layer of soil and vegetated with native species in order to mitigate the negative impacts caused by the mine. The rehabilitation project of the area is based on the probable future use of the area, located between agricultural cultivations and cattle creation. The great alteration of the relief and soil would make future use of the area for agriculture difficult. It is more suitable t0 animal creation, mainly cattle. The high and thick rock slopes originated by the mining should be covered by vegetation, where possible, to reduce the negative visual impact. Obviously several measures will be necessary to reduce the impacts on the environment during mining. The final and definitive reclamation will only be possible after abandonment of the area. The main aspects of this reclamation process will be discussed in this paper.

Dec 6, 2010

By McLennan R. G

Mr. F. Cavanaugh (E.R.S. Co. of Aust. P'ty. Ltd.) ; What is your opinion of the expendable gauze type respirator? Would you give your views on what type of training is most effective to improve the safety consciousness of "new" New Australians?Mr. Lewis: For many jobs, the expendable gauze respirators are quite satisfactory. However, where silica dust of less than 10 micron sizing is present, they Cannot be recommended. Generally, they are more acceptable to the men than the heavier but more efficient types of industrial respirator.The best avenues of approach to training appear to be:(a) Liberal use of vi~ual aids (posters, photos, slides, etc.)(b) Efficient interpreter service.(c) Constant follow-up and check by foreman and fellow workmen.Mr. W.Marsden (B.H.P. Collieries); Most colliery employees only wear masks when they can see dust which, of course, is not the hazardous dust, and they take the mask off when they can't see the dust and so expose themselves to the hazard which is often present.Mr. W. W. SoIIy (S.A. Mines Uranium Treatment Plant) ; Safety equipment as supplied by manufacturers is inefficient and short of safety and common sense requirements-operators don't wear equipment because it is uncomfortable, clumsy, or unsightly. In the case of face masks,* they are not completely, effectively sealed; hard hats should be made even lighter and yet efficiently strong; concerning gloves, it seems not too much to ask of suppliers to put up a durable glove, preferably lined for comfort, with the maximum amount of "feel". Adaptation of, say, tubeless tyre methods...

Jan 1, 1958

By Schoning W. L

Ore deposit models form the basis for numerous other economic decisions in the mining process. The success of these economic decisions therefore depend directly on the accuracy of the ore evaluation process. The Geology Department at the Sishen Iron Ore Mine is responsible for the generation of a reliable geological computer model of the rock material with predicted grades. This information is then utilised for further ore reserve calculations, mine planning, production scheduling and grade control. Owing to a very complex geological orebody, grades and beneficiation characteristics differ significantly from sample to sample. This means that ore evaluation is a difficult process and great reliance is placed on computer techniques. In 1993, preparation for the ISO 9002 quality certification of the mine motivated the Geology Department to hold formal `problem solving' sessions in order to identify and revise problem areas in operating

Jan 1, 1995

By Mathews K. E, Willstead T. V C

Initial glory holing was followed by sublevel stoping, with a small proportion of total production mined by shrink and cut-and-fill methods.The sublevel stoping method was successfully modified to cater for altering ground conditions encountered at increasing depths. At present, 94 per cent of production comes from sublevel stopes. The evolution of this mining method and current techniques and practices is outlined. A combined shrink and,sublevel benching method was also developed to increase the mining rate of narrow orebodies over the standard stoping lift of 380 ft. Pillar recovery and stope filling operations have been continuously modified to suit the relIuirements of a rapidly developing mine.INTRODUCTIONOre production commenced at Mount Isa Mines in June 1931. Since then production has increased from approximately 2,500 tons of lead ores per mine day to the current 11,000 tons of sulphide ores per mine day comprising 3,100 tons of lead ore and 7,900 tons of copper ore. The early planners selected sublevel stoping with ring drilling for ore breaking as the most efficient and economical for Mount Isa conditions: This method satisfied requirements for:1. a low cost mining method for the comparatively low grade ores,2. a stoping sequence allowing development, stope preparation, breaking and drawing of ore to proceed concurrently,3. a method of extraction in which broken ore in the stopes would be kept to a minimum because of adverse effects of oxidation on mill metallurgy and...

Jan 1, 1961

The effect of conditioning energy input on the metallurgical results of an emulsion flotation process has beenattributed by previous authors to a detergency process.This paper shows that such a process does not explain the data and that an attrition mechanism is more appropriate.

Jan 1, 1970

By N Kreutzman, A Moilanen, V Palosaari

Carboxymethyl cellulose, CMC, is widely used in mineral processing as a flotation depressant, mainly for the depression of carbonate and talcaceous gangue in the flotation of Cu-Ni sulfide and PGM ores. Although CMC is a common depressant that can be used in the flotation of different ores, understanding of the interaction mechanisms between CMC and mineral particles in different flotation circuits and different pulp conditions is still limited. Electrokinetic measurements, microflotation and laboratory-scale flotation tests were carried out to optimise the action of CMC depressants in the flotation of a PGM ore. Standard and new CMC brands produced and characterised by Noviant were used in the study. Pure talc and chlorite minerals and a low-grade PGM ore composite were used as test materials. A laboratory flotation test evaluation was performed using the recovery-grade relationship and double value index (DVI) calculation to estimate the effects of both valuable and harmful components on the product value. Solution conditions play an important role in the depression of gangue minerals such as talc. The most favourable conditions for MgO depression were found to be mildly acidic in which conditions the electrostatic repulsion between the CMC molecule and talc is minimised. Similar effects were obtained with electrolytes that affect the conformation of the CMC molecule and the mineral surfaces. In addition to the control of chemical conditions in the pulp, CMC molecules were modified to optimise structural variables. The new CMC brands developed in this work showed significant potential to improve flotation performance, particularly when pulp conditions are controlled.

Jan 1, 2005

By S Farrokhpay, C Akop

Copper-gold-pyrite ore types with an elevated pyrite head grade utilise a sequential flotation circuit to recover initially a copper-gold concentrate with a pyrite-gold concentrate being produced from the tailing of the initial circuit.A simpler flotation circuit with lower operating and capital costs for treatment of such copper-gold-pyrite ores with an elevated pyrite head assay was sought in the described work. After characterising the ore, the objective was to apply bulk rougher flotation of both the copper minerals and pyrite for the copper-gold-pyrite ore at natural pH. Hence, no lime or other pyrite depressants were required in bulk roughing. The bulk rougher concentrate was upgraded in a cleaner circuit to reject non-sulfide gangue and then the resulting sulfide concentrate was separated by depressing the pyrite to produce two products (copper and pyrite concentrates, both having significant gold assays). A standard test with a sequential circuit was applied to the same ore for comparison.The chalcopyrite and pyrite losses in the tailing from the rougher circuit were the same for both bulk and sequential roughing (less than six per cent). In cleaning (bulk circuit), the effective pH for pyrite depression was 11.8–11.9; copper recovery was 70–75 per cent (grade of 15–20 per cent copper) and the sulfur recovery (pyrite product) was 80–85 per cent (grade of 34–36 per cent sulfur).These results approached those for the sequential circuit where copper recovery was 80–85 per cent (grade of 15–20 per cent copper) and the sulfur recovery (pyrite product) was 83 per cent (grade of 38 per cent sulfur).The observed effects of feed sizing on the liberation of minerals in the rougher feed are discussed. Options for improving the bulk circuit results are also considered. Importantly, the implications of various aspects of these findings for the bulk circuit are discussed with an industrial focus.CITATION:Akop, C, Farrokhpay, S and Johnson, N W, 2014. An alternative circuit for chalcopyrite-pyrite ores with elevated pyrite content in Cu-Au ore treatment, in Proceedings 12th AusIMM Mill Operators’ Conference 2014 , pp 407–416 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 1, 2014

By C Li, D O’Dea, R Moreno-Atanasio, T Honeyands

The behaviour of iron ore granules in the feeding process of sintering is significantly influenced by the material properties of the granulated mix. Therefore, the measurement of key material properties of the iron ore granulated mix is indispensable prior to the simulation of the sintering process based on the discrete element method (DEM). In this paper, three key property parameters of the iron ore granulated mix, apparent density, elastic modulus and rolling friction coefficient, were measured in laboratory-scale experiments. For different sintering processes, the moisture content of the granulated mix normally varies according to the specific requirements for granule size distribution and operating conditions. Therefore, understanding the effect of moisture content on the property parameters of iron ore granules is very helpful in accurately determining the property parameters for DEM simulation work. In this paper, six groups of iron ore granule samples with six levels of moisture contents were prepared through granulation and the trends in apparent density, elastic modulus and rolling friction coefficient with the increase of moisture content were plotted and analysed based on the measurement results. The results show that as moisture increases from 6.9 per cent to 9.1 per cent, the apparent density decreases from about 3000 to 2800 kg/m3. With moisture increasing within the same range, the elastic modulus first decreases from over 200 MPa to below 100 MPa and then reaches a relative constant value of about 40 MPa at higher moisture contents. Rolling friction coefficients are measured using two methods with both indicating a similar trend, with the rolling friction coefficient first decreasing and then rising as moisture increases from 6.9 per cent to 9.1 per cent. The relationship between µr and µ’r is assumed to be similar to that between static and dynamic friction coefficients.CITATION:Li, C, Moreno-Atanasio, R, O’Dea, D and Honeyands, T, 2017. Variation in property parameters of iron ore granulated mix with moisture content, in Proceedings Iron Ore 2017, pp 79–84 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 24, 2017

By Fountain C. R

In April 1987, Mount Isa Mines Limited (MIM) commissioned an ISASMELT reactor to smelt 15t/h of copper concentrate at the Mount Isa Copper Smelter. This unit was based on the Sirosmelt lance technology and incorporated features proven in the Lead ISASMELT plant which has been operating in the MIM Lead Smelter since 1983. From April 1987 to June 1989, the copper smelting plant treated 167000 tonnes. Concentrate, coal and fluxes are fed continuously to the furnace. Oxygen enriched air is injected through a lance which is submerged in the slag bath. Matte and slag are tapped together through a single taphole into a reverberatory furnace, and from there are treated with normal reverberatory furnace production. Advantages of the process include its ability to eliminate most lead and arsenic in feed, its flexibility with respect to feed composition, sizing and moisture, and the plant's low capital cost. Acceptable refractory life has also been demonstrated. The commissioning of a 70 t/day oxygen plant has rerated the plant from 15t/h to 18t/h while allowing a reduction in fuel usage of one third. A trial using 150 t/day oxygen was carried out in May 1989, and showed that the furnace could treat 48 t/h chalcopyrite concentrate while maintaining a very low fuel requirement. The oxygen trial results have given considerable confidence for plant scale-up. Detailed project evaluation is currently underway for the replacement of the roaster and reverberatory furnaces at Mount Isa with a single 110 t/h ISASMELT reactor.

Jan 1, 1989

In setting out to describe the methods and machinery employed at Iron Knob the writer does not attempt to give any information as to the situation, topography or geological features of the locality. This, together with estimates of the quantities of ore still available, has been carried out in a most thorough manner by R. L. Jackr and F. R. Hockey. This essay is intended to deal with working methods as they exist to-day, beginning with drilling, blasting, quarry traction, etc., and touching on such details as the supplyof electricity, water and compressed air.At the present time almost the entire output of ore is won from the hill known as Iron Monarch. The form of the hill, a smooth, rounded dome, rising some 640 ft. above the plain and having a base diameter of n miles, lends itself ideally to the "bench" system of open-cut quarrying.Fig. 1 shows the relationship of the benches "A," "B" and "E" in their order of development. Bench "E" is at present the principal working, but, as the greater part of the ore above this level has now been removed, bench "A," some...

Jan 1, 1936

By A F. Cropp, D J. Bradshaw, W R. Goodall

Mineralogy and critically the texture of both the ore and gangue phases are of paramount importance in the flotation recovery of copper from porphyry ores. Mineralogy and texture will define the theoretical grade recovery curve for a feed ore. Actual grade-recovery falling below this may be due to texture and gangue influences, whilst desired grade-recovery above this line will not be possible unless the characteristics of the feed are altered.This review discusses examples of porphyry copper deposits where process mineralogy has been used to characterise these textural and gangue influences on recovery by flotation. More specifically, the influence exerted by grain size, liberation, association and elemental distribution is explored. The implications of these on overall plant philosophy and operation are highlighted, along with the subsequent potential impact on recovery.CITATION:Cropp, A F, Goodall, W R and Bradshaw, D J, 2013. The influence of textural variation and gangue mineralogy on recovery of copper by flotation from porphyry ore - a review, in Proceedings The Second AusIMM International Geometallurgy Conference (GeoMet) 2013 , pp 279-292 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 29, 2013

Morning Star Gold aims to enter the ranks of Australia's gold producers, revitalising the Eastern Victorian Goldfi elds in the second half of 2010 - the fi rst gold production in around 50 years from the Morning Star Gold mine, which was once Australia's largest under WMC. This presentation will outline the redevelopment of the Morning Star Gold Mine from exploration to production. Morning Star Gold NL's (MCO) key project area is centred at the historic mining town of Woods Point and nearby Matlock (to the southeast) and Gaffney's Creek (to the northwest), all of which are located in the lower part of the Victorian Alps roughly 60 kms south of Mansfield. Morning Star has literally numerous historic mines and gold bearing 'dykes' on its tenements, many with a rich production history of high-grade gold from quartz reefs and alluvial sources. The area encompassing the Woods Point goldfi eld and the multiple high-grade gold bearing dyke structures located north towards Jamieson and south towards Walhalla formed one of the most significant mining fields in Australian history. Historical gold production was at least 155 t or around six million ounces of over a century of mining with an average production grade exceeding 27 g per tonne. The bulk of this recorded production came from just a handful of mines and of those only three were mined to any great depth. One of the key historical production hubs in this area was the famous 'Morning Star' mine, which is situated adjacent to Woods Point township. The Morning Star mine produced almost one million ounces at 27 grams per tonne, operating fairly continuously between 1861 and 1959 with a break after Jan 1939 due to the devastating 'Black Friday' bush fi res across eastern Victoria. During the early 1940s, the Morning Star was Australia's biggest gold mine. The Morning Star mine along with Walhalla ensured that this goldfield was third behind Bendigo and Ballarat as Victoria's biggest hardrock gold production centre. Morning Star Gold has rebuilt its 100 per cent owned 'Morning Star' mine with a view to producing gold in the second half of 2010. Morning Star is exploring its regional dykes in order to estimate an overall gold endowment and rank local production sources to feed its proposed mill at the Morning Star mine site. Key initial targets (all within 11 kms of the Morning Star mine) are the Waverly, All Nations, Rose of Denmark, Hunts, Wallaby and Loch Fyne dykes, all of which historically produced high grade gold, much of it gained from only shallow workings above the water table in the weathered zone of rocks. Historically the Morning Star mine was developed over 24 levels to a depth of 940 m via one large vertical shaft and a smaller, deeper inclined shaft at the 1900 feet level underground. At present MCO has dewatered and completely refurbished all infrastructure to the ten level (~310 m below surface). MCO knows there are a number of substantially under-explored and undeveloped or partially developed but not stoped areas within the Morning Star mine. As a result, MCO has been carrying out extensive channel sampling and an underground diamond drilling program targeting areas of the mine that were largely unexplored and undeveloped by the last operators of the mine - Western Mining Corp Ltd (Gold Mines of Australia). Four thousand, fi ve hundred pages of archival WMC records have helped the cause significantly. The shaft refurbishment and reconstruction stage is complete. This has been a program that originally commenced back in 1993 and has cost around $22 M. This refurbishment paved the way for the extensive underground resource focused diamond drilling program, which MCO completed in 2008 with two company-owned and operated drill rigs from drill cuddies on level 9 (900 feet underground) of the mine. This drilling, which encountered some stunning grades intersections and multiple visible gold hits, has outlined further production opportunities including 0.4 m @ 1392 g/t Au (MS 410). Metallurgical testing conducted by Gekko Systems of samples obtained from the exploration program found gravity concentration and a leach circuit gave recoveries of ~95 per cent to 99 per cent, or ~92 per cent from gravity alone at a coarse crush (300 ¦m). Currently, the plan is to use gravity to fi rstly produce dore bars on-site from the free milling gold and secondly a saleable concentrate for CIL processing off-site. A purpose built 10 t/h (~80 000 t/a) gravity treatment plant was subsequently ordered from Gekko and is expected to be installed onsite and commissioned in the Q3 2010. The plant features fi ne crushing with a vertical shaft impactor, followed by gold concentration by inline pressure jig, inline spinner and Wilfley table. This is an ABSTRACT ONLY. No paper was prepared for this presentation.

Aug 1, 2010

By K M. Brodie, D I. K McLeod, J Ruddock

Environmental incidents involving mine tailings and waste rock inevitably become highly publicised and serve to damage the credibility of the entire industry. The recent serious incident involving a spill from a Romanian mine, was blamed for triggering æone of the worst environmental catastrophes in Eastern EuropeÆ. It is important to clearly demonstrate to the general public that these incidents are not representative of the industry as a whole. Where such incidents have occurred, the causes are generally related to poor design and/or construction, inadequate supervision and/or monitoring and maintenance, lack of independent expertise, inadequate risk identification and treatment and no provision to ensure that rehabilitation and long term management of the site occurs. Many people are unaware that these issues have been considered and provided for at the Martha Mine. Despite the fact that the first tailings storage facility has performed very well over fifteen years of operation, the long term safety and security of the tailings storage facilities continues to be questioned and debated by the public. The best way to address this is to provide quality information to enable a better understanding amongst the general public.

Jan 1, 2002

By A Audétat, W T. Li

"An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation. The Middle and Lower Yangtze River metallogenic belt is one of the most important polymetallic resource areas in China. Iron oxide-apatite deposits, mainly distributed in Ningwu and Luzong volcanic basins, are a distinct type of iron deposits in this region. These deposits have a close temporal and spatial relationship with Mesozoic dioritic porphyries and are characterised by magnetite-apatite-pyroxene/actinolite ± anhydrite assemblage and large-scale sodic-calcic alteration.Widespread multiphase inclusions in pre- to main-mineralisation stage pyroxene and garnet in Meishan (in the Ningwu basin), Luohe and Nihe (both in the Luzong basin) iron deposits were trapped at ~780°C in extremely saline brines (~90 wt per cent NaCl equivalent), consisting of Na (13–24 wt per cent), K (7–11 wt per cent), Ca (~7 wt per cent), Fe (~2 wt per cent), Cl (19–47 wt per cent) and SO4 (3–39 wt per cent), based on petrologic, microthermometric, Raman spectroscopic studies and laser ablation inductively coupled plasma mass spectrometry (LA-ICP-MS) analyses of natural fluid inclusions and synthetic analogues. The high Cl/Br, Na/B and S/B ratios in brine inclusions and the heavy sulfur isotopic values of anhydrite and pyrite (d34SAnh = +15.2 to +16.9‰, d34SPy = +4.6 to +12.1‰) suggest a significant contribution from both halite- and anhydrite-bearing sedimentary rocks. The involvement of evaporites caused the production of large amounts of high-salinity brines with apparently enhanced capacity to extract iron from the dioritic intrusions.According to their geologic features and the above characteristics, these iron oxide-apatite deposits are considered to be a special type of iron oxide copper gold (IOCG) deposits characterised by high contents of Na, Ca, Cl and SO4 in the ore-forming fluids. Moreover, we believe that evaporite-bearing sedimentary basins are more prospective than evaporite-free ones for these kinds of deposits.CITATION:Li, W T, Audétat, A and Zhang, J, 2015. The connection between evaporites and iron oxide-apatite deposits, Yangtze River, China – laser ablation inductively coupled plasma mass spectrometry analysis of Na, S, Cl and Br in fluid inclusions, in Proceedings PACRIM 2015 Congress, pp 623–630 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 18, 2015

By Hayward SB, First DM

The Maragorik Prospect represents a partially eroded Pliocene acid sulphate style epithermal gold system hosted within the Sigule Volcanics and Riet Bed sediments which is inferred to have formed from a degassing porphyry body at depth. A regional sinistral rotation provided by transform faults associated with the opening of the Manus Basin imparts a dilational character to mineralised NE trending faults formed parallel to the Warangoi Graben. A controlled-source audio magneto-tellurics (CSAMT) survey has identified E-W trending buried conductors which may represent alteration formed within dilation zones. While some gold mineralisation occurs within vuggy silica at Palang Hill, the target is auriferous enargite (luzonite)-bearing breccias from the LK1 and Gureki areas.

Jan 1, 1991

By C E. Loayza, R M. Pinto, J G. G=mez

The Yanacocha District is located 20 km north of the city of Cajamarca, in the Northern Andean Orogenic belt of northern Peru.Gold production may have occurred as early as Incan times (Paverd, 2000), but modern exploration that began in the 1960s targeted only copper and silver. Newmont Mining Corporation, BRGM and Compa±fa de Minas Buenaventura began exploring for gold in 1983, with Newmont as operator.Initial drilling took place in 1985. By 1992 a reserve of 1.28 million ounces was reported (Teal et al, 2002).Production began at the Carachugo deposit in 1993.Current reserves are 31.7 million ounces at $US 325 per ounce at a grade of 1.03 ppm (Newmont Annual Report, 2003).The operating company, Mineral Yanacocha SRL (Newmont 51 per cent, Buenaventura 44 per cent and International Finance Corporation five per cent) produced 2.85 million ounces in 2003, making Yanacocha one of the largest gold mining operations in the world. The district is made up of a series of epithermal, high sulfidation style gold deposits and one gold-rich gravel deposit (La Quinua), aligned in a NE trend.La Quinua is not discussed in detail in this paper. The bedrock deposits are hosted in a Miocene volcanic package, the Yanacocha Volcanic Complex that also trends NE.Re gional NW striking Andean faults intersect the NE striking Trans-Andean Chicama-Yanacocha structural corridor (Turner, 1997), localising the district mineralisation. These two structural orientations dominate the district, controlling breccia and intrusion locations, and gold mineralisation. Discontinuous EW oriented fracture zones are interpreted as extensional and locally are important in controlling gold mineralisation.

Jan 1, 2004

By M Hourn, D Turner, P Voigt, D Mallah

The GPM Gold Project is located in Armenia, and consists of an open cut mine at Zod, near the Azerbaijan border, and a CIL processing plant at Ararat near the Turkish border. Mining at Zod commenced in 1976, and focused on near surface oxide ores, which overlay deeper refractory sulphides. Historical mining has now almost depleted the oxide ores, and the sulphide content of ore delivered to the processing plant at Ararat is increasing. Gold and silver recoveries through the Ararat plant were declining steadily.GeoProMining, the owners of the project, have expanded the Ararat facility to deal with the increasing sulphide content in the ore. In 2014, GeoProMining refurbished an existing concentrator on site to recover a sulphide concentrate from the ore, and have constructed an Albion ProcessTM plant to oxidize the refractory concentrate. Glencore Technology (GT) provided the Albion ProcessTM plant as a technology package.In July 2014, the progress of the GPM Gold Project Albion ProcessTM Plant was reported (Hourn, Voigt and Turner, 2014). At the time of writing, the construction of the plant was nearly complete. This paper presents an update of project progress, covering commissioning and ramp up of the GPM Gold Project.The commissioning phase occurred over June to August 2014, which included an M3,000 IsaMillTM fine grinding plant, a 6 tph limestone milling plant, a 60 tpd vacuum pressure swing adsorption oxygen plant, a 10 m residue thickener and a 12 tph Albion ProcessTM oxidative leach plant. Since commissioning was completed, ramp up occurred over the following three months with downstream gold recoveries from cyanide leaching reaching over 98%.CITATION:Voigt, P, Hourn, M, Mallah, D and Turner, D, 2015. Commissioning and ramp-up of the Albion Process at the GPM Gold Project, in Proceedings MetPlant 2015, pp 207–219 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 7, 2015

Portfolio management tends to separate the functions of Asset Allocation and Stock Selection, so the person responsible for reviewing an expert's report on a company would typically be choosing between companies rather than between a company and cash or bonds. How these choices are made depends on the investment time horizon, philosophy and style. Two styles, momentum investing and value investing are contrasted and the role of valuation methods within the framework of each style is evaluated. Finally, pricing is distinguished from valuation.

Jan 1, 1994

Heap leaching for the recovery of precious metals is a comparatively new and rapidly expanding technology. The practical aspects of heap leaching are described and environmental and economic implications discussed.

Jan 1, 1984

Differentiation of a basaltic (?) magma occurred in an active volcanic area during the late Miocene and Pliocene, and a change in the general mode of extrusion from fissure flow for the basalt to explosion for the andesite reflects an accompanying increasing magmatic viscosity. A caldera formed after the flow phase was completed and was filled with coarse agglomerate, much of which has a fused appearance. After an erosion interval its shape was modified and it became gradually deeper as repeated explosions from growing andesitic volcanoes caused large quantities of pyroclastic material to be deposited. At the close of this phase the floor abruptly collapsed when a, large block of the underlying crust was engulfed. The incompetent pyroclastics filling the caldera steepened in dip and the ensuing fractures were filled by the rising magma as dykes and sills and a chonolith formed below the caldera at a shallow depth. The ensuing activity reveals a further stage in differentiation and biotite is an important new ferromagnesian to be observed in the new rocks.Fracturing of the surrounding basalts was most intense in the rocks forming the periphery of the caldera where steeply and flatly dipping faults resulted from increasing horizontal pressure directed towards the caldera.Further differentiation resulted in the increased crystallization of orthoclase felspar, as evidenced by the numerous intrusives of trachy andesitic composition. Magmatic freezing caused mineralizers to accumulate at the top of the chonolith. These eventually escaped and auriferous pyrites, tellurides, quartz, and calcite were deposited in the surrounding rocks.The flatly dipping fractures are the most important and can be expected at various depths in a zone about 4,000 ft wide surrounding the caldera. Latest movement along these was controlled by magmatic consolidation rather than the shape of the caldera. Some flat faults were able to remain open during mineralization and acted as a feeder for the shallower fractures, thus limiting the depths to which the steeper dipping fractures were mineralized with the possible exception of one particular Nw.-striking lode (the Crown-Crescent).INTRODUCTIONThe gold deposits of the Tavua district were discovered in 1932 and from 1935 to June, 1961, 1,985,041 fine ounces of gold were produced from 4,202,504 tons of ore. Of the original three producers, only the Emperor remains active in the...

Jan 1, 1962