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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

By Miyashita T, Yamamoto R, Kishimoto s

Following considerations of the effect of furnace size on pressure loss, pressure loss in front of tuyeres, gas flow in the lower parts of the furnace, the distribution of the burden and the gas flow in large blast furnaces is examined with particular reference to the burden distribution at the throat and the gas flow at high production rates. Improvement of gas flow is related to application of super-high top pressure and the use of moveable armour. A brief description of the NKK type moveable armour is given and its use in controlling the gas flow outlined. The operating results under controlled gas flow show an increase in production of Fukuyama No. 5 BF from 9,200 tpd to 11,000 tpd with a decrease in the fuel rate from 490 kg/thm to 460 kg/thm.

Jan 1, 1975

By Hall ST, Miles NJ

Recently an inorganic salt, sodium polytungstate (SPT), has become available that allows the preparation of non-toxic solutions of relative densities up to 3.1. It is relatively expensive and at the higher relative densities achievable, highly viscous. Alternative inorganic compounds may in the future be identified that overcome these limitations. The Australian Mineral Industries Research Association Ltd (AMIRA) has initiated a project to examine possible alternatives. However, it has been found that by the addition of finely divided ferrosilicon to solutions of SPT, relative densities of up to 4.0 can be achieved. A laboratory technique for density fractionation of sized mineral samples utilising this finding has been developed. This is currently being extended to study the potential applications of such liquids and suspensions in dynamic systems for mineral, coal and recycled waste separations.

Jan 1, 1993

By Mayer TE

The Granites Goldfield is located 550 km northwest of Alice Springs. Mineralisation was discovered in 1900 and intermittently worked along nine km of strike until the early 1950's, yielding a recorded production of 470 kg of gold. The geological environ- ment, pre-existing exploration drilling results, and an optimistic view on gold, prompted acquisition of the property by North Flinders Mines Limited in 1975. An agreement was signed with the Central Land Council in August 1983 and drilling commenced in the same month. In the past, gold was won from alluvial deposits, rich quartz veins and lower grade, disseminated stratabound mineralisation. The last is contained within a distinctive unit in the Mt. Charles Beds, of the Early Proterozoic Tanami Complex. This informally named "Host Unit" is a metamorphosed, chemical- pelitic sediment. The schist contains variable proportions of amphibole, quartz, garnet, clinopyroxene, carbonate and sulphide, inter- calated with recrystallised chert beds. Free gold occurs in several mineralised horizons within the Host Unit, generally conformably distributed within lithologic bands or at lithologic contacts. The Host Unit occurs within a sequence of metamorphosed pelitic sediments and intermediate volcanics. Although mostly confined to the Host Unit, stratabound gold mineralisation also exists in both Footwall and Hanging Wall Schists, usually within zones displaying certain Host Unit characteristics. The deposits may be loosely categorised as being of banded iron formation (bif) type, although some important differences are noted between them and classical bif type orebodies.

Jan 1, 1984

Crocidolite deposits in the Hamersley Ranges, NW. of Western Australia, occur over a length of 180 miles and a width of 20' to 30 miles. Their stratigraphic environment and mineralogy is comparable to that of similar deposits of the Cape Belt, South Africa. It is probable that the known exposures' represent only a small portion of the total extent.Current production is wholly by Australian Blue Asbestos Pty. Ltd. at Wittenoom Gorge and has been in the order of 1,2,000 to 14,000 long t.p.a over the past six years.INTRODUCTIONThe Hamersley Ranges are located in the NW. Division of Western Australia and extend, approximately, from latitudes 21° 30' to 23°S and longitudes 117° to 1200 E. Their mean height above sea level is 2,000 ft, and they rise from 600 to 800 ft above the general level of the tableland which extends SE. from the coastal town of Roebourne.Mt. Bruce, the highest peak, is 4,024 ft above sea level. The ranges are intersected by numerous north-flowing streams, which are dry during the greater part of the year. These streams have carved deep gorges, and it is in these that the principal deposits of crocidolite outcrop.The presence of the mineral was first recorded in 1917, but the deposits remained untouched until 1937 when strong market demand for crocidolite resulted in considerable prospecting and mining activity, particularly in Yampire, Wittenoom and Dale's Gorges. It was established also that the blue asbestos belt extended from Willi Wolli Springs NW. to Millstream station, Le., over a length of 180 miles and a width of 20 to 30 miles. A number of attempts were made to develop and treat the Yampire and Wittenoom...

Jan 1, 1964

This paper discusses recent ore reserve methodology at the Woodlawn base metal Mine in New South Wales. The ownership of the Mine changed hands in 1987 and a number of revisions to ore reserve practice were instigated by the new operators. While the overall modeling and calculation procedure remained essentially unaltered, the modifications and revised assumptions significantly increased the ore reserve. While general ore reserve procedures are discussed in this paper, it is the impact of these changed assumptions on the reserves which is our main focus.

Jan 1, 1990

Three key areas of C.I.P. plant design, viz. leach- ing time, adsorption and the gold loading on the carbon, are discussed and illustrated with examples. The need for accurate pilot plant data for use in assessing and optimising design is emphasized. This approach should minimize capital and maximise return on capital. It is demonstrated that, as regards adsorption, economics favours short retention time, high gold loadings and mechanically agitated, draft tube reactors. INTRODUCTION Little attempt appears to have been made in Australia to design the present generation of C.I.P. plants to achieve an economic optimum. Most would, seem to have been based on pre- liminary leaching data, gold extraction and value and rule of thumb which, in general, has led to over design and over capitalisation. An essential step to effective economic design is a comprehensive pilot plant study to establish definitive operating parameters, yields and reagent costs. In most cases the cost of developing this data will be more than offset against capital savings in plant; the operating profit should be increased substantially, and profit is maximised for known

Jan 1, 1982

South Africa is the world's largest producer of gold. The survival of its gold mining industry is dependent, to a large extent, on the successful implementation of new mining technology which reduces the operating costs. Gold mines of the country have a record of a high operational cost per tonne of rock excavated. The geology of the gold-bearing rock, in addition to the mining depth and the gold recoverable grade, profoundly affect the profitability of the industry. Among the other mining operations, drilling and blasting take a fair share of the mining cost. It is therefore proper to implement a dynamic approach of technological review aimed at combating the escalation of mining costs. Over the years, the industry has moved away from labour intensive activities. Mechanised operations are introduced where possible. Management techniques are oriented more towards better utilisation of human resources and machinery so as to enhance productivity in the stopes. This paper addresses the issue with particular reference to blasting operations in the stopes of deep gold mines. It reviews the conventional drilling and blasting techniques. It outlines some innovative changes brought about in the course of recent years with the aim of optimising productivity and the stope efficiency in particular. It focusses on the peculiarities of the blasting technology in deep mines. It discusses the issue of interaction between the high stress fields underground and the blasting generated stresses on rock fragmentation, as well as their impact on the remaining excavations. It anticipates the concept of the new technology of selective blasting in stoping. Finally it puts forward the crucial role played by management of the human factor underground.

Jan 1, 1995

By Glaessner M. F

The island chains of the Western Pacific (Fig. 1), on account of their related origin, and the similarity of the rocks that compose them, constitute in the main a most homogeneous mineral province. They lie in a complex "mobile" zone of the earth's crust, that formed a geosynclinal area separating the continental margins of Australia and South-Eastern Asia (the so-called Sundaland) from each other, and from the margin of the Pacific Ocean proper (FIg. 2). The whole region was drowned at the close of the Ice Age, as a result of the rise of sea-level that accompanied the melting of the great ice caps in the polar regions, leaving only the higher portions as islands and peninsulas, many of them separated only by shallow seas or "shelves."The geosyncline was infilled with Mesozoic and Tertiary sediments that have undergone varying intensities of folding and metamorphism, and has been subject to intermittent periods of volcanic activity, continuing into the present. Midway between the two continental margins there is a narrow belt of pronounced negative gravity anomalies, with an extraordinary S-shaped convolution in the vicinity of the Banda Sea and Celebes, that marks the core of this unstable region. The folding within the "mobile" zonetrends parallel to it, so that the islands in its vicinity, which are regions elevated by folding, are all elongated in the strike direction of the folds. This explains not only the linear shape of Sumatra and Java, but the arc of islands enclosing the Banda Sea, and the peculiar shape of Celebes.Parallel to the belt of negative anomalies, at a close remove from it, is the line of Recent, or active volcanoes, that extends along the whole length of Sumatra and Java...

Jan 1, 1947

By Hara Y, Arino S, Nakamura M, Tachimori M

The theoretical and experimental studies have been done to clarify the hearth flow of iron and slag. The results of dissections show that the hearth can be treated as a packed bed of coke hav- ing good permeability with a coke-free layer at the bottom of the hearth. 3-dimensional numerical calculations of hearth flow with and without a coke-free layer are carried out, and the results are assured by a water model simulation. The influences of a coke-free layer on the iron flow and the discharge route of iron and slag are examined. The 3-dimensional flow pattern can be represented simply by the travelling time, which depends on characteristically the profile of coke-free layer and the quantity of iron in the hearth. Those flow parameters could be obtained by the results of radioisotope tracer test ( Co for iron flow, and Sc for slag flow) at several furnaces. As a result, it is found that the coke-free layer repeats the cycle of appearance and disappearance at several-month intervals. This cycle corres- ponds to large temperature fluctuation at the bottom of hearth. The relation between iron flow and skull (solidified iron, coke and deposited graphite mixed layer) on the hearth brick was studied by the model experiment and the thermal analysis based on the indications of thermocouples installed in the bottom of the hearth. If a thin coke-free layer is formed on the skull, a fast iron flow is generated in the layer, and melts away the skull. The growth and melting of skull produces the fluctuation of thermal load on a bottom brick, causing brick Damage.

Jan 1, 1981

By Harrison J

The correct selection of equipment to use in a mine is a problem which constantly faces the mining engineer. In some cases a wide choice of equipment with different operating characteristics is available. If this equipment is to be used to assist in moving the ore it may be possible to build a computer simulation model to predict how it will perform. Typical problems that lend themselves to this type of analysis are presented. The computer models are constructed using a recent form of the GPSS computer language, namely GPSS/PC for the personal computer. This language allows the programmer to construct models in a very short time and at a low cost. Of great importance is the easy way in which it is possible to change the models to answer any of the "what if?" questions the engineer may pose.

Jan 1, 1987

Reservoir Engineering has developed into an art. One phase of this art is forecasting the futi. perf ormance of oil and gas reservoirs for property valuations. A discussion of the necessity for oil property valuation isgiven. A brief 'discussion of the four most common methods is included and the engineering method is explained in more detail. As an example of oil property valuations, a producing oil lease in Shackelford County, Texas, USA is evaluated.' The recommendations and conclusions arrived at frun the results obtained are presented.

Jan 1, 1962

By Hartley JS, Wills KJA

The Thalanga massive sulphide deposit is hosted by Upper Cambrian rhyolites and volcaniclastics of the Mt. Windsor Volcanics near their contact with overlying dacites, rhyolites and sediments of the Trooper Creek Formation. The ores and host rocks have been subjected to a single strong deformation and to lower to middle greenschist facies metamorphism. A main lens with surface gossan dimensions of 55U m x 6 m dips steeply, plunges shallowly to the west and is offset by a series of normal faults. It is flanked by smaller lenses to the east where the mineralized horizon is stopea out by granite. The area to the east and south of the gossan is masked by Tertiary cover. A complex exhalite package is represented by banded sphalerite-pyrite- galena-chalcopyrite, massive pyrite and chalcopyrite and assemblages dominated by dolomite, chlorite-actinolite, tremolite, talc, barite and rare gypsum. Accessory tetrahedrite, arsenopyrite, bismuthinite, magnetite and native gold are associated locally. Pods of quartz-magnetite formed distally. The ores are underlain by strongly to moderately pyrite-silica-sericite altered rhyolites with the strongest alteration closest to an interred synvolcanic fault. This alteration is characterised by an enrichment in MgO, Na2O, FeS2 and base metals with a depletion in CaO and Na2O. There is a general enrichment in Pb and Zn towards the hanging wall with some enrichment of Cu near the base of the main lens due to replacement by ore tiuias near vent discharge sites. Zonation of Cu to 2n-Pb in also evident over narrow intervals

Jan 1, 1987

By Dr Subagyo

The energy consumption for producing metal from ore is strongly linked to the chemical stability of mineral being processed, availability and richness of the ore, and process route. Energy efficiencies are particularly linked to the process route. The energy efficiency of high temperature operations vary considerably but energy efficiencies greater than 70 per cent are achieved for large-scale metal production. Low temperature processing through grinding, leaching and subsequent electrowinning use large amounts of energy. In particular, grinding and electrowinning suffer from low overall energy efficiencies. The physical chemistry of a new proposed low temperature route, reactive ball milling, is unclear but preliminary evaluations indicate that it is likely to suffer from high energy consumption. In conclusion, low temperature processing routes for metals generally consume more energy that comparable high temperature processing routes.

Jan 1, 2002

Record quantities of slag were produced in 1974. Slag usage in this year amounted to 8.5 mega tonnes for granulated blast furnace slag and 7.7 mega tonnes for crushed blast furnace and L.D. slags. Granulated blast furnace slag is mainly used as a hydraulic bonding material in the manufacture of cement and in road construction. These applications give a fuel saving and reduce processing costs. Crushed blast furnace and L.D. slags find application as a substitute for natural aggregates in road construction and in the production of concrete. There is no doubt of ttie interest to utilise to the maximum all the slag produced by the steelmaking industry, thus preventing the build up of slag heaps detrimental to the environment and favouring the disposal of the heaps formed in the past. World wide efforts are being made to achieve this objective.

Jan 1, 1979

By Blanchard R

The discussion submitted by Drs. Stillwell and Edwards is at once helpful and gratifying to the authors. Their contribution deals with two phases of the problem-(I) an additional suggestion for the relative solubility of galena and marmatite, and (2) submission of an alternative explanation for the greater leaching of the Northern ore-body. With the first we agree in principle, and herewith present recent data which will help to substantiate the idea, though the mechanism is not believed to be as simple as indicated by Stillwell and Edwards. Concerning the second suggestion, the original explanation put forward. in the paper is held to fit the facts more closely.In view of the influence, as shown by Garrells' paper,in which the presence of Cl' ion may have upon the relative solubilities of lead and zinc, it is perhaps worth noting that Broken Hill mine water carries a higher content of Cl' than has been reported from many of the other lead-zinc districts.Since our paper was published, an analysis of water issuing from the newly-opened Northern ore-body on the 2,600-ft. level has been made (12/1/43). It is compared with that quoted in the original paper as follows:

Jan 1, 1943

Adsorption isotherms, zeta potential and coagulation techniques have been used to exa- mine the mechanism of metal activation on SiO2 and ZnS surfaces. The importance of surface nucleation or precipitation of metal hydroxide coatings is'established and identified-by characteristic charge reversal patterns. The significance of surface coatings in sulphide and non-sulphide flotation is discussed.

Jan 1, 1973

The copper deposits at Pernatty Lagoon are predominately djurleite-digenite bodies beneath the permanent water table, and chrysocolla-atacamite-malachite above the permanent water table. The minerals havebeen deposited as sheets, lobes, and pods in zones suggestive of permeability channels or permeability basius with respect to groundwater circulation.Pyrite is deposited in the form of framboids, which reflects its biogenic origin. Copper-iron sulphides deposit by replacement of pre-existent pyrite, and rarely by direct deposition. The latter mode of formation results in complex crustification bandings of chalcopyrite, bornite, sulphur rich bornites, digenite, and blue remaining covellites. The copper-iron sulphides appear to reequilibrate under constrained oxidation, resulting in an iron depletion and associated copper enrichment, the final product of which is a djurleite-digenite assemblage and associated with goethite. Where copper mineralization/ host rock relationships have rendered the rocks entirely impermeable to post ore groundwater movement, then the copper-iron sulphides are preserved as the ore assemblages.Minor and trace minerals observed include sphalerite, carrollite, galena, wittichenite, and possibly tetrahedrite in the primary ores. In the oxidized ores cllprite, tenorite, and trace brochantite have been found.

Jan 1, 1976

Naturally occurring organic plastics have been in use for over 2,000 years. Plastics based on chemically modified organic polymers date back only about 100 years, and those based on synthetic polymers about 50 years. The development of ,these two latter groups up to the present day is outlined, and the basic techniques currently available for polymer-building and modi-fication (blending, copolymerisation, quantitative and qualitative struc-tural control, and'si de-group reactions)-are reviewed.

Jan 1, 1962

By Batterham RJ

A 'research model' can be used to investigate cause and effect relations and generally improve the understanding of extractive metallurgical processes. As such, it is a useful research technique which complements the traditional methods of laboratory and plant measurement. The procedure of model development is iterative and involves observation of the process, hypothesis of phenomena, prediction using mathematical descriptions of the phenomena and comparison of predictions with real-world measurements. Lack of agreement of predictions with real-world measurements usually indicates an inadequacy in the hypotheses and necessitates revision. Experimentation has an integral role in the process of model development but its emphasis is different from that when experimentation alone is used to study processes. Since a process as a whole is investigated by using a model, experimentation is restricted to the study of specific phenomena to aid the description of these in the model, to the characterisation of the raw materials (for initial values of the model parameters) and to the measurement of physical and chemical constants required in the model equations. Similarly, plant measurements are made for the purpose of comparison with the model predictions not to establish cause and effect relations. This makes plant experimentation much simpler and cheaper'since most measurements-can be taken during normal operation.

Jan 1, 1984