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It is difficult, and probably inadvisable, to frame rigid rules for the valuation of alluvial deposits, for such deposits are very diverse in type, varying, for example, according to the mineral sought and according'to the complexity of the deposit which, on one hand, may be a narrow welldefined alluvial strip at the bottom of which is a continuous mineral lead, or, on the other, may be a broad alluvial flat with discontinuous patches of the valuable mineral occurring at different levels throughout the alluvium.However, some definite procedure in valuation must be adopted when dealing with anyone deposit, and the fundamentals of such a procedure are applicable to almost all alluvial deposits.The methods described in this paper are based very largely on the valuation of a specific deposit and, although an attempt has been made to keep the discussion as general as possible, it contains some statements which, if traced to their origin, spring from the writer's association with that deposit. Such statements must be interpreted with sufficient flexibility to be appropriate to whatever area the reader may have in mind.The subject of valuing an alluvial deposit falls naturally into two divisions: The valuation of each borehole; the valuation of the deposit as a whole. The following discussion is therefore dealt with under these two headings.Some general matters are mentioned in a third section.

Jan 1, 1950

By T. Baker

The Eloise Cu-Au deposit is 60 km SE of Cloncurry in NW Queensland and has a current indicated reserve of 3.2 Mt @ 5.8 per cent Cu, 1.5gA Au and I9g/t Ag. It is hosted by metasediments and metabasic rocks that underwent amphibolite facies metamorphism at 550-600¦C and less than 3.5 kb. Peak metamorphism coincided with the regional D2 event which produced an S2 foliation with north-south strike and variable sub-vertical to steep east or west dip. The deposit is associated with several major shear zones parallel to the S2 foliation. The lodes form part of a large alteration system that is localised by the retrograde shear zones. Homblende-biotite-quartz with minor sulphides occur early in the alteration paragenesis which is overprinted by chlorite-muscovite-pyrrhotite-chalcopyrite ¦calcite+¦nagnetite. The later assemblage replaces the earlier Fe-K alteration as well as Fe-rich metamorphic assemblages such as homblende, biotite and staurolite indicating a post peak metamorphism timing for ore formation. Although replacive textures are the most common, the alteration can display open space infill and brecciation as well as durchbewegung and mylonite textures indicating that mineralisation occurred during ongoing ductile deformation. All these features are crosscut by a later brittle phase of calcite-chlorite-quartz¦pyrite alteration.

Jan 1, 1994

By D Craw

Formation of gold-bearing veins in Otago Schist was intimately linked to the structural evolution of the schist belt. The currently-exploited Macraes gold deposit formed in a regional scale shear zone during latemetamorphic uplift of the schist belt. Further exploration for this type of deposit will be facilitated by an increased understanding of the late-metamorphic structural evolution of the schist belt. To this end, a three-dimensional cross section through the Otago Schist has been drawn using structural data gathered at outcrops in a 20 - 40 km wide transect across central Otago. This is the first continuous detailed structural section to be drawn through the belt. The section spans an area from Textural Zone 1 metagreywacke of the Torlesse terrane in the northeast through TZ 4 schist in the central region and across the Caples-Torlesse boundary to Textural Zone 3 schist of the Caples terrane in the southwest. Two different late-metamorphic structural generations are identified in this section: the long-recognised Manorburn Generation, and a new æPoolburn GenerationÆ. The location of the Caples-Torlesse boundary has been refined on this transect by field mapping combined with whole rock geochemistry.

Jan 1, 2001

By G W. Scott, R C. Johnson

Hypogene alteration zones have been described as a precursor to high-grade haematite deposits in Australia, Brazil and elsewhere. This alteration is described as being below or distal and is typically magnetite-carbonate-silicates reflecting Mg - Fe metasomatism. This paper describes, without genetic implication, the mineral zonation and possible structural control on mineralogic variation within the Tilden Mine, a concentrating grade haematite deposit in Michigan, USA. In contrast to the high-grade deposits, these variations are not peripheral to the orebodies but are the ore. The deposit occurs within the Negaunee Iron Formation, along the southern margin of the Paleoproterozoic Marquette Range Supergroup basin. The regional structure is a fault-bounded west plunging syncline within the crustal scale Great Lakes Tectonic Zone, which forms the boundary between Archean granite-greenstone and gneissic terranes. Local structure consists of second-order anticlines and synclines with variable northwest and southwest plunges. The interaction of sedimentation and diagenesis within growth fault controlled basins, along with a possible metamorphic and/or hydrothermal overprint has resulted in a complex series of ore types. For modelling purposes, the deposit is divided into geologic domains based on both lithology and metallurgical response in the laboratory and in the plant. Mineralogic variation is recognised within individual mineral grains; at blast pattern (10 - 15 m) and development drill hole (100 m) scales.

Jan 1, 2007

By Martinick WG

In July 1986, Cable Sands (W.A.) Pty Ltd commenced mining for mineral sands at Minninup, approximately 16 km south of Bunbury, Western Australia.The area being mined is from the heel of the foredune to the rear of the hind-dune. The vegetation is mostly native vegetation with some old degraded pasture.The mining operation will be by suction cutter dredge, with continuous dredging, mineral separation and re-depositing of the sand.

Jan 1, 1986

By M Rafty, C Lane

Managing water is a key aspect of mining, whether a site is in water surplus or water deficit. Water in tailings storage facilities (TSFs) needs to be managed carefully to maximise the density of the solids, maximise the re-use of available water and to minimise the risk of water overtopping the spillway in the event of heavy rainfall. Developing a water balance models is a standard method for monitoring the major flows of water around a site. However, models created by specialist consultants are often overly complex and are not suited to being used by process plant personnel after they have been handed over to the mine operator. Models typically offer information on water management at the time that they are created, but then ‘sit on the shelf’ and offer no further insight or value for operating mines. Advisian has developed a customised water balance model for a mine in Sub-Saharan Africa, which can be adapted to other locations, to assist in managing water at the site and in particular to predict the current and future water level and volume in the TSF under various rainfall scenarios. The model was developed using Microsoft Excel and requires no specialist skills to operate. Site personnel enter in daily production, water transfer and rainfall data and then view the output dashboards to observe the current water level and volume, decant rates, licensed water abstraction and water supply versus demand. The output dashboards were developed in close consultation with the client to ensure that all of the relevant key performance indicators were included, from the perspectives of all the key stakeholders. This modelling approach focusses on the needs of the people who will actually use the model to actively manage TSFs with the need to involve the model developer as part of ongoing operations eliminated. The simplicity of this approach is now being embraced by other mine sites in Africa and Australia. CITATION:Rafty, M and Lane, C, 2018. Water balance management 101, in Proceedings Mine Waste and Tailings Stewardship Conference 2018, pp 485–490 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 23, 2018

By I Mason, A Wellington, J Hargreaves

Many people are familiar with the use of marine echo sounders which are used by fishermen to monitor water depth and locate schools of fish. Similar technology has recently been used in some West Australian mines to provide detailed maps of ore contacts and other geological structures. Whilst drillhole intersections provide details of the location of a contact at a point, echo sounding can be used to obtain a continuous profile of the contact. A series of profiles together with drillhole intersection data can be used to build a more accurate geological model than can be inferred from drillhole intersections alone. The benefits of this are more complete ore extraction, less dilution and the ability to make more informed financial decisions. This paper presents a case history which demonstrates the successful application of the technology.

Jan 1, 2000

During operations, mining and metallurgical processes may generate effluents such as tailings water, acid mine drainage (AMD) and seepage and process acid streams. Depending on the type of ore and the metallurgical process, these effluents may contain one or more toxic compounds (eg acidity or alkalinity, cyanide, ammonia and/or nitrate, heavy metals, total suspended solids (TSS), sulfate) in elevated concentrations requiring treatment before their discharge to the environment or recycle/reuse in the process. Natural oxidation of sulfide minerals present in mining wastes (eg tailings and waste rock) at mining sites may generate AMD, which is characterised as a low pH, high acidity effluent containing heavy metals and sulfate. If generation of AMD cannot be controlled and/or prevented, AMD needs to be collected and treated for neutralisation of acidity and reduction of metals and TSS to meet regulated water quality standards. It is important to note that some of these compounds may persist in run-off from mine sites, even after the mine and processing facilities are decommissioned. Treatment of mining and metallurgical process effluents can be accomplished by means of various physical, chemical and/or biological methods. The mode of process application may vary from the use of either specifically designed, controlled and automated facilities or passive systems. Lime neutralisation and precipitation is the most common method used in the mining industry to treat AMD. To reduce the problems associated with disposal and long-term storage of the resulting sludge, the use of a high-density sludge process (HDS) has become a preferred option. The use of other chemical reagents, waste or by-products from other industries, and biological sulfate reduction methods can also be considered as viable options for site-specific situations. Recently, several passive treatment systems have been designed and successfully operated, even in the cold North American climate. This paper will discuss available options and provide insights for selecting a suitable method for a given situation using case studies from projects conducted by Golder Associates around the world over the last decade.

Jan 1, 2006

By D M. Hunter, S M. Iveson, K P. Galvin

For low density materials such as coal, density-based fractionation of particles via the sink-float method is relatively simple due to the availability of liquids of suitable density; however, for high density minerals, suitable heavy liquids are less available and those that are available are expensive and pose significant hazards. At best, sink-float separation can be performed up to densities of 4400 kg/m3 with the use of Clerici’s solution at elevated temperatures. Hence the direct measurement of grade-recovery and density-partition curves is problematic. Therefore, in most cases, beneficiation plants must rely on methods such as QEMSCAN, density tracer particles or very limited information to guide them in the design and optimisation of their plants.This paper describes a density-fractionation method utilising laminar flow through a system of parallel inclined channels to generate a series of overflow fractions at different flow velocities. Here the particles are subject to precise hydrodynamic forces with minimal dispersion or mixing. The size distribution of each overflow fraction at a given flow velocity is obtained using a laser particle size analyser, and combined with a laminar flow model to deduce the corresponding density distribution. The paper describes the application of the method to measure the separation achieved using a REFLUX Classifier to obtain the corresponding feed, product and reject ‘washability curves’, and in turn the full partition surface. Approaches used to corroborate the findings are discussed.CITATION:Hunter, D M, Iveson, S M and Galvin, K P, 2017. A batch elutriation technique for the density-based fractionation of iron ore, in Proceedings Iron Ore 2017, pp 195–104 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 24, 2017

By J Santana, V Ferraz, G Pinto, G Cruzado

Morro Agudo is an underground zinc and lead mine owned by Nexa Resources. The mine uses room and pillar as the main mining method. The recovery of pillars as well as the opening of new excavations using sublevel stoping as mining method has been studied. On some occasions, the need to recover pillars and open a stope by using the sublevel method happens in a region that is already excavated or in deeper areas than those mined so far. These changes represent a major geotechnical challenge due to the complex openings of the mine and interaction between two different mining methods. Historically, geotechnical mapping, kinematic analysis and a 2D numerical model were used to evaluate the new mine openings, and in 2021, 3D numerical model was introduced, which enabled global and local assessment of new excavations impact and the stability of openings after recoveries. The 3D model, made with MAP3D, is used to evaluate each pillar to be recovered, considering the spans of the resulting openings, the ideal sequencing of removal to maintain stability, in addition to the impact and geometry of the pillars left in the chambers. Pillar recoveries done in 2021 and the impact of it on the pillars left were the sources of the back analysis to calibrate parameters inputted on numerical model to assess recovery on new chambers and Phyllite has been considered into the model and it has been a source of instability due to its parallel position to roof of room and pillars and stope hanging walls.

Nov 29, 2022

By S Love, M Anderson, M Boland

"The high rate of failure of new mine developments to meet feasibility study expectations has been the subject of many fine technical papers. Yet failure rates remain stubbornly high.Similarly, the common occurrence of disastrous acquisitions resulting from failed due diligence on projects is well known. Yet such mistakes continue to be made.The authors argue that project and due diligence failure are caused at least partly by cognitive biases. These biases pervade decision-making throughout project evaluations.A wider understanding of these biases (and their effects) is necessary. Only then can mitigating actions be taken.The opportunity for this wider understanding exists. A number of best-selling books have been published on the topic in recent years. With wider understanding of key concepts and terms, cognitive biases can be recognised and discussed. They can also be challenged and mitigated.The authors believe that these concepts should be entry-level, required knowledge for anyone evaluating, developing, reviewing or financing mining projects.Perhaps the most prevalent biases in project evaluation failure are the ‘over-optimism’ biases. In particular, the planning fallacy and confirmation bias.The anchoring effect is also pervasive. This bias propagates unrealistic assumptions from scoping and prefeasibility studies through to so-called definitive feasibility studies. Unrecognised anchoring biases also undermine the validity of many ‘independent’ due diligence reviews. They are also prevalent in corporate acquisitions.The availability heuristic refers to a mental shortcut that can lead to a number of biases. One of these is the narrative fallacy. The mind constructs coherent narratives and opinions, regardless of the amount and quality of the information that support them. Narrative fallacy commonly occurs in the evaluation of social and political risk. Another is disaster neglect, which is especially common in the failure to assess risks associated with tailings management.This paper outlines the relevance of these biases to mine project evaluations. It also provides examples where the authors have observed their effects.CITATION:Love, S, Boland, M and Anderson, M, 2016. Influence of cognitive biases on project evaluation, in Proceedings Project Evaluation 2016, pp 226–235 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 8, 2016

By R Butler

Contract m1n1ng in New Zealand developed in the coal industry and has become an element in the success of recently opened hard rock gold mines. At Martha Hill, the mining contractor is undertaking a wide range of activities from open pit mining, crushing, conveying, waste embankment construction and drainage.

Jan 1, 1991

This technical note describes a problem with WANG82, a ventilation network analysis programme. The problem was highlighted by Renison Ltd when using the programme on large, complex networks. Under certain circumstances the programme produced incorrect results or failed to converge to a solution.

Jan 1, 1986

This paper describes a mobile laboratory developed specifically for nickel prospecting, and which was designed to be operated by sub-professional staff in remote areas independently of established laboratories. An atomic absorption spectrophotometric procedure was used to determine nickel, cobalt, lead, zinc, and copper ID latentIc and sulphIde samples, with a detection limit better than 25 µg/g for all elements. The procedure was applicable to both soil and drill samples and the accuracy of the procedure, which was ±5 per cent relative at the 1,000 µg/g level was sufficient for the preliminary assessment of mineralized samples and the control of drilling operations. The analytical procedure and the means taken to ensure the necessary reproductibility and accuracy are described. One operator can carry out 400 elemental determinations per 8-hr day at an approximate cdst of 6 cents per elemental determination. The results are returned within a single day, a factor which can contribute materially to the efficiency of drilling operations.

Jan 1, 1970

Results obtained from small scale tests using Australian tin concentrates indicate that metallic tin containing less than 0·1 per cent iron can be recovered by a two-stage process using hydrogen and make-up chlorine. In the first stage the concentrate is ground,. pelletized, roasted, and reacted at 650°C with HCI and H2 to volatilize the tin as SnOI2. The volatilization reaction is conducted with cocurrent gas and solids flow because it was found that the use of cocurrent flow yielded a solids residue substantially free from FeCI2. The second stage uses a technique termed "reflux reduction" during which the SnOl2 produced by volatilization is reduced by hydrogen to form tin and a gas containing HCI and H2 of sufficiently high HCI tenor for recycle to the volatilization stage. The elimination of tin ranged from 98+ to 99·7+ per cent of the tin from concentrates containing 5 to 50 per cent tin, respectively. The process should be capable of continuous operation, and a tentative calculation has shown ,that a treatment rate of 12,000 tonnes of tin concentrate per year could be obtained in a volatilization reactor 1·1 m in diameter and 6·1 m high. The process may have particular application to finely divided concentrates containing less than 20 per cent tin.

Jan 1, 1974

By T Bednarz

The present work proposes a distributed collaborative immersive virtual reality framework for prospective applications in the mining industry. A human-centered approach is described, with people being placed in the central position and surrounded by tasks that are to be carried out. Those tasks can be then achieved through synchronous or asynchronous communication, interactions using properly constructed user interfaces, virtual and/or augmented realities and computer vision. Several examples of such arrangements are presented. One of the applications facilitates an e-learning experience by providing a very familiar object – a book – as a target for users to interact with. Importantly, this system has the potential to provide an ‘enhanced’ teaching medium, as humans tend to remember events/situations better when they experience those events in person, when the immersive factor is involved. The immersive virtual reality environment enables a user to interact physically with various 3D objects and experience behaviours, which in turn reinforces the idea that doing leads to learning. This prototype system can be implemented as an efficient and cost effective e-learning and training platform for different engineering domains. At another level, the same technology can be used in the tele-operation of mining equipment for the future mine.

Nov 22, 2011

By D Giurco

This paper presents the results from research undertaken in the CSIRO-funded Mineral Futures Collaboration Cluster on developing a future vision for the mining and minerals industry – Vision 2040 – in which the industry proactively contributes to long-term benefit for communities and the nation. Our research finds that Australia is currently experiencing mining-led prosperity due to high commodity prices, yet underlying this are challenges for maintaining market share due to lower productivity from extracting lower grade, more remote and complex ores. Whilst much focus has been on developing new technologies for finding and processing such ores, this paper assesses these activities, together with policy and market innovations in the context of needing to strengthen social, environmental and financial capital for long-term benefit. Vision 2010 sees mining activities linked to systems that are net providers of clean water, energy and ecosystem services, rather than minimising negative impacts alone; sovereign wealth funds are used to harness current prosperity for future innovation. Using a case study in lithium and comparisons to iron/steel, coal and copper – we illustrate the opportunities for new technology, policy and market innovations to link the mining and minerals sector in Australia to more sustainable patterns of production, consumption and prosperity.

Nov 22, 2011

The Bega granite at Whipstick, N.S.W., consists of a granite metasomatically altered to leucogranites and a spessartite-granite. The ore occurs in pipes controlled by jointing and shows evidence of post-depositional tectonic forces.The principal ore minerals are molybdenite and bismuthinite, with minor amounts of uraninite, pyrite, gold, bismuth, joseite A, joseite B, tetradymite, chalcopyrite, arsenopyrite, and skutterudite. The gangue minerals are microcline, albite, quartz, muscovite, and spessartite, with fluorite, chlorite, magnetite, and biotite as accessory minerals.The intrusion of granite was followed initially by ascending metasomatic fluids which penetrated along joints to be trapped in the domed roof of the intrusion to form the leucocratic granite. Iron-manganese-rich fluids metasomatically altered the granite to a spessartitegranite which is associated with the later deposited ore.Quartz veins and dykes of varying composition post date the ore deposition.

Jan 1, 1968

By H J. Stedman

A Transient Electromagnetic (TEM) geophysical survey was trialled in Bowen Basin Permian coal measures overprinted by Cretaceous intrusion. The trial’s intention was to compare whether TEM could assess residual coal more accurately and economically than drilling.TEM results were promising but had limitations. TEM did not compare to drilling for defining coal thickness or relative level definition. However, TEM resolved conductive anomalies laterally; providing a qualitative picture of remnant coal.Three material types and associated conductivities occur within the trial area: overburden (sandstone/siltstone), intrusive sills and heat affected coal.Ground conductivity was analysed by measuring decay of residual current within the TEM loop. Fast decay related to resistive overburden and intrusion, attenuated decay related to conductive coal.Generally speaking, carbon content governs coal resistivity where good quality, low ash, bright coal is more resistive relative to dull, high ash coal. Though in the trial area, relative to intrusion and overburden, coal was found to be the most conductive of the three materials.By modelling conductive anomalies, a general picture emerged of remnant coal regions. Subsequent highwall exposure reconciled with conductive TEM anomalies.CITATION:Stedman, H J, 2017. Findings from a transient electromagnetic trial for heat-affected coal, in Proceedings Tenth International Mining Geology Conference 2017, pp 233–238 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 20, 2017

By B Maybee

In underground mine planning, many potentially value-eroding decisions are made due to a lack of time and proper evaluation practices. The information required for mine planning decisions goes beyond external sources of uncertainty that are recognised by typical evaluation techniques used in the mining industry, to include technical factors (eg mine development layout) and the ability of a mineral extraction project to achieve its anticipated production levels. Due to the individual characteristics that define underground mining projects, each will exhibit a different risk profile, and thus advanced optimisation and evaluation techniques are required to capture this information.As underground mine planning tools become more sophisticated, mine planners have the capacity to investigate numerous mine sequencing options to identify the best strategy for a given project, creating higher value for shareholders. This paper describes a risk-based evaluation methodology (RbEM) that accounts for financial and technical risk in the evaluation of underground mining projects. While the use of the RbEM has been described in previous works, no benchmarking of the benefits that can be realised from a change in those decisions that are made early in the process has been undertaken. To show the benefits that can be achieved from using the RbEM, this paper updates a case study to which the RbEM was applied, and takes a retrospective look at whether additional value would have been gained by following the strategic recommendation of the RbEM versus a typical optimisation exercise that aims to maximise the net present value.CITATION:Maybee, B, 2012. Can a risk-based evaluation provide a more valuable mine design?, in Proceedings Project Evaluation 2012 , pp 53-58 (The Australasian Institute of Mining and Metallurgy: Melbourne).

May 24, 2012