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By Joussemet R, Fabre F

The paragenesis of the Escuzar Mine (Andalusia-Spain) comprises: ò major constituents: celestite and carbonated minerals (abundant calcite and less frequent strontianite). ò minor constituents: sulphates (gypsum and anhydrite), clays and some iron oxides and hydroxides. The average content is at about 60 per cent SrSO4. Since liberation size was fine (from 30 to 50 ¦m), the flotation method was chosen. Laboratory batch tests have shown the relevance of using alkylsulphates with as long as possible hydrocarbon chains. The recovery obtained led to an expected 95 per cent SrSO4 concentrate with nearly 70 per cent recovery. Pilot plant tests (160 kg/h) have confirmed these results and attained a recovery of more than 65 per cent of a 96 per cent SrSO4 concentrate. Extrapolation to the industrial scale (14 t/h) has been successfully carried out : up to 600 t of a concentrate at more than 95 per cent SrSO4 has been obtained. Non optimised recovery has already reached 60 per cent for a 97 per cent SrSo4 concentrate.

Jan 1, 1993

By Rogers R, Kinnane T

In a typical open cast mining operation, investigation of how existing truck performance compares with the highest achievable truck performance is largely neglected. This paper addresses this issue by proposing a computerised system that will provide a systematic method for comparing existing truck operational performance to the highest performance considered achievable. Through analyses of existing versus achievable performances, various inefficiencies associated with truck operations can be identified. These inefficiencies could occur due to machine configurations, haul route design and conditions or operator skill level. Remedial action should then be taken in a timely fashion to better manage these factors and to ensure the fleet is always operating at its peak efficiency.

Jan 1, 1994

By Just GD, Gillies ADS

There is an increasing need for reliable and comparable coal resource data and it is necessary to standardize the traditional classification procedures by quantifying the three basic evaluation criteria of economic feasibility, geologic assurance and recovery. For well documented deposits, geostatistical methods can consider- ably improve classification quality. A geostatistically based algorithm for classifying coal resources within the current Queensland and New South Wales codes has been developed. Application of the method in classifying resources from a number of seams exhibiting different structural characteristics is assessed. The method is found to give classification results which closely reflect the error associated with an estimate of resource quantities based on current sampling densi- ties. It requires a careful geostatistical analysis with emphasis on geological awareness. Resource category restrictions must be arbi- trarily assigned and remain constant for all deposits being compared. Engineering judgement is needed and interpretation may be required with isolated and peripheral blocks.

Jan 1, 1987

By Tucker G, Clark A, Young M. F, Johnston M

Mount Isa Mines has made a huge commitment to process control in milling. Yet in lead zinc we still failed to achieve a steady operation. Comparisons with manufacturing plants showed the key difference was failure to control plant inputs. Lead

Jan 1, 1998

By Pullen G, Rose M

Continuing Professional Development (CPD) is not just a catch-cry. It is an essential component of every-day life in many professions, including accountancy, law and public administration. Without realising it, many other professions are undertaking CPD activities in an un-structured way, including mining, metallurgy and geology. Examples include Annual and technical conferences of The Institute, Branch-level technical meetings and in-company training and development programmes and technical exchanges. Whilst approaches to date have undoubtedly helped keep the Australian mining industry at the forefront of mining technology, one cannot presume that technological development will stand still. To meet this challenge, human resource development must keep pace, not only to optimize utilization of technological developments, but more importantly to develop firm bases from which new products, processes and technologies can be developed within Australia.

Jan 1, 1989

By C Xu, B Li

Multi-sensor fusion visual perception technology significantly enhances visual perception capabilities in complex and harsh environments by combining visual data from different sensors. This technology is especially useful for scenarios where traditional single visible light sensors, such as standard cameras, struggle due to poor lighting, adverse visual conditions, or other visual obstructions. In environments with low light, smoke, or dust, the performance of conventional visible light sensors degrades, limiting their application. By integrating data from various sensors like radar, infrared thermal imaging, and others, multi-sensor fusion technology provides a more comprehensive and complementary visual solution. This fusion not only enhances the robustness of visual systems but also greatly expands their potential applications in fields like visual surveillance. In recent years, deep learning methods have become the mainstream technology for addressing multi-sensor fusion issues, demonstrating significant advantages in adaptive feature selection compared to traditional machine learning methods. However, deep learning-based multi-sensor fusion algorithms still face several challenges. The design of network structures is often redundant, lacking effective screening of useful components within multimodal information. Mainstream fusion algorithms focus excessively on improving display effects without adequately considering the needs of downstream applications and tasks. Existing fusion perception algorithms are generally designed for open visual scenes and lack targeted design for complex visual degradation factors present in tunnel environments of mines. Current deep learning methods for designing multi-sensor fusion networks heavily rely on manual experience to create fusion modules. This reliance increases the complexity of network design and can lead to redundancy. Redundant network modules are difficult to identify in end-to-end learning tasks at this stage, significantly slowing down network inference and potentially interfering with the output of fusion perception. Additionally, training these fusion modules typically requires large amounts of well-annotated multimodal data, further increasing implementation difficulty and cost. For instance, the fusion network design proposed by Li and Wu (2018) focuses on extracting multimodal fusion features, while Zhao et al (2020) introduced a feature decomposition mechanism in the feature fusion and extraction modules. Researchers like Zhang and Ma (2021), Xu et al (2020), and Liu et al (2017) have attempted to improve network structures through dense cascades and the introduction of residual connections. Although these methods have improved the handling of multimodal information to some extent, they still face limitations in distinguishing between useful and redundant information, with redundancy persisting in network designs. Ideally, the design of fusion networks should be more intelligent, guiding network structure design heuristically based on the importance of different modal information for the current task. This would reduce information redundancy and network weights, requiring the development of new algorithms or frameworks capable of automatically identifying and optimising fusion strategies, thereby reducing dependence on manual experience while improving fusion efficiency and network performance. Current deep learning designs for multi-sensor fusion algorithms often overlook the

Sep 1, 2024

By T W. C Stambolie

Coalmines, like any other mine, generally involve the classic three-staged approach to mining studies; namely concept, pre-feasibility study (PFS) and feasibility studies (Cusworth, 2012). Subsequent to these studies, and in instances parallel to these studies, the commitment to an environmental impact statement (EIS) is made in order to secure both state and federal development consent. In recent times, the sentiment to both mining and coal is changing whereby the traditional approaches to mine planning and economic evaluation is complicated by evolving environmental legislation, expectations and time frames. It is all too common to take shortcuts in the development of projects in order to create the perception of cost savings and expediting the delivery timeline. Atkins (2016) points out that: boards of so many small to mid-tier mining companies, and a few majors, focus on relentless project delivery too early in the project process, with so little time and effort applied to risk analysis and option development. Unforeseen risks can cost any timeline or budget far more than the effort required assessing and mitigating these. The ultimate risk to any feasible coal project is that of environmental approval and achieving development consent.CITATION:Stambolie, T W C, 2016. A black canvas – planning a greenfield coalmine in New South Wales, in Proceedings Life-of-Mine 2016 Conference , pp 31–35 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jun 28, 2016

The importance of proper planning, preparation, and execution of a steady state sampling campaign for metallurgical plant assessment must not be underestimated. Careful planning can increase the amount and reliability of information from an optimum number of samples and fully utilize available plant data. It requires specification of the data required, determination of run duration sampling frequency, the selection, modification and testing of sample points and cutters, as well as organisation and briefing of plant and sampling personnel. Preparation immediately prior to sampling, the conduct of the sampling campaign itself and procedures to handle the collected samples and information are discussed. Cutter design, fabrication and use are described in detail, and typical sampling situations, for ball mills, classifiers, pipes, launders, flotation cells and thickeners are considered individually. Measurement of pulp flow rate can often resolve difficult mass balance problems, and discussion of convenient techniques is included.

Jan 1, 1976

By C Nyoni, T Nguyen, C R. W Seymour, G D. Dempers

Unplanned dilution directly adds cost to production from mining, milling, tailings disposal and administration. Additionally, unplanned dilution decreases the productivity, profitability and may affect the planned life of mine. Identifying and quantifying the potential for unplanned dilution allows optimisation of the mining plan and mining practices to minimise the adverse impact on productivity and the cost of production. The Dilution Rating System (DRS) has been developed to more accurately predict dilution thickness and the variable potential for dilution, from individual stopes to life of mine planning. The DRS utilises the methodology developed for the Mining Rock Mass Model (Seymour et al 2007, Jenkins et al 2009) to generate a three-dimensional dilution rating model, which is then calibrated against stoping performance. Dilution can be predicted more accurately and the parameters affecting dilution can be determined and minimised through improved mining techniques, for example blasting and ground support design. Potential high dilution areas can be identified in the planning stages of the mine and systems put in place to mitigate the risk of excessive dilution. This paper presents the methodology used to develop the DRS and then successfully predict dilution for both the hangingwall and footwall of stopes at the Gara Gold Mine. This has enabled the expected dilution to be more accurately predicted and mitigated where possible thus reducing unplanned dilution.

Mar 15, 2021

By S Sabanov

Determining ventilation system model inputs from the field test work has been produced in the working oil shale mine which has been in production since the early 1970s. At this mine room-and-pillar with drill-and-blast methods are used. The mine has a complicated ventilation system to supply fresh air for the eight mining production areas on the radius of about 12 km. The main purpose of the experimental test works was to obtain data for estimation of an optimum cross-section area for a new ventilation shaft. Experimental test works included measurements of air volume and fan pressure using five different modes of intake air through the ventilation shafts system. Measurements of airway friction factors were obtained during the ventilation surveys to determine characteristic friction factors for the intake airway. The results of the measurements will be used for further air flow simulation processes required for design of new additional ventilation shafts in the oil shale mine. Results of the study can be useful in estimation of frictional pressure drop in oil shale mine conditions.CITATION:Sabanov, S, 2017. Determining ventilation system model inputs from field test work in the oil shale mine, in Proceedings Australian Mine Vent Conference 2017, pp 47–50 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 28, 2017

By A Rantala, J Timperi and J Kaartinen, T Maksimainen, O Haavisto

"X-ray fluorescence (XRF) is the most common technique used for online slurry assaying in base metal flotation applications. Typically, assays from feed, concentrate and tailings slurries are used to monitor and control the flotation circuit, with possible additional sampling locations in other main slurry flows inside the circuit. The elemental content detection from the XRF spectrum is relatively straightforward as the spectrum contains element-specific peaks whose height corresponds to the element concentration in the sample. However, centralised XRF analysers measure the elemental concentrations line-by-line, which may increase the sampling interval for an individual line and cause unnecessary response delays, especially in large flotation plants. Reflectance spectroscopy is an emerging technique that can be used to obtain more frequent measurements from slurries. The measurement is based on the mineral-specific absorbance of light in the visible and near-infrared (VNIR) wavelength range. Due to this relatively inexpensive and simple measurement system, it is possible to conduct the measurement simultaneously in several slurry lines. However, the information contained in the VNIR spectra is more difficult to interpret as concentrations of all the minerals in the sample contribute to the measured spectrum and changes in solids content, particle size and mineralogy disturb the elemental content estimation. Therefore, frequent calibration of the measurement is required. This study presents the application of combined reflectance spectrum and XRF measurements for rapid online slurry assaying in a copper-nickel flotation plant. The XRF assays are utilised as calibration samples for the reflectance spectrum measurement, keeping the calibration model up-to-date. The rapid reflectance spectrum analysis is then used to provide an almost continuous estimate of the slurry contents, enabling further improved process monitoring and control.Citation:Haavisto, O, Maksimainen, T, Rantala, A, Timperi, J and Kaartinen, J, 2016. Reflectance Spectroscopy with X-ray Fluorescence for Rapid Online Assaying in a Copper-nickel Flotation Plant, in Proceedings 13th AusIMM Mill Operators’ Conference 2016, pp 85–92 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Oct 10, 2016

By R Williams, M Baxter, D Zink, R Cunningham

The purpose of this paper is to discuss the efficient operation of a tailings dewatering circuit comprising a thickener and filter press through proper control and automation. It is common to see thickeners and filter press circuits each with their own control systems. This can cause multiple issues when trying to increase efficiency and reliability of the tailings management process. By automating the thickener and filter press controls, you are eliminating any delays and inconsistencies caused by human error and process variations. When done properly the system can maintain a consistent product as the feed characteristics change. Previously, operators would have to monitor the process parameters and adjust the system accordingly. This can now be accomplished using state of the art process control equipment that continuously monitors and adjusts critical variables using Programmable Logic Controllers (PLC) and Proportional Integral Derivative (PID) loops. The paper will detail the control theory used to maintain these systems, highlight other benefits of having a fully integrated plant such as predictive maintenance and remote diagnostics as well as present examples of how these have been implemented in field examples.CITATION:Baxter, M, Cunningham, R, Williams, R and Zink, D, 2018. Tailings process optimisation through automation and controls integration, in Proceedings Mine Waste and Tailings Stewardship Conference 2018, pp 416–421 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 23, 2018

By C A. Foss, K Leslie, C Arnold

Magnetic susceptibility measurements provide rapid, non-destructive testing of drill core, but cannot directly map magnetite and/or hematite content. Combined magnetic susceptibility and magnetisation measurements provide much more diagnostic information and, with sparse calibration constraints, are able to quantify magnetite and hematite concentrations and potentially map differences in grain size and texture. We have developed a travelling three-component vector magnetometer that can be run alongside core to map its external magnetic field. The logger has been designed to operate in core sheds and at remote drill sites. It is used to rapidly scan a length of core, with each core being scanned in different rotations. The magnetic field contributions from any remanent magnetisation rotates with the core and cause differences between successive measurements, while the field contributions from any induced magnetisations with isotropic magnetic susceptibility remain constant. Deconvolution of the magnetic field data with simultaneous three-channel inversions of the multirotation data separates remanent and induced components. Interpretation of this data provides estimates of the intensities of induced and remanent magnetisations, the orientation of the remanent magnetisations and the ratios of the induced and remanent magnetisation strengths. We expect these magnetisation parameters to correlate with stratigraphy through a banded-iron formation. Furthermore, we anticipate that we will be able to use this information to map zones of oxidation and other changes along the core. This novel instrument is one component of an integrated CSIRO program to provide new capabilities for iron ore exploration and development based on studies of magnetic fields and magnetisations at scales ranging from centimetres for these core investigations to tens of kilometres for formation studies.CITATION:Foss, C A, Leslie, K and Arnold, C, 2015. Rapid logging of different magnetic phases in banded ironstones using a travelling three-component vector magnetometer, in Proceedings Iron Ore 2015, pp 271–276 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 13, 2015

Sampling errors result from heterogeneities within the lot under study. Within a rock mass in situ heterogeneity results in the geological nugget effect, which accounts for most of the natural variability. In broken rock, constitution and distribution heterogeneities are important. A major result of the constitution heterogeneity is the Fundamental Sampling Error (FSE) which is the smallest residual error that can be achieved. It cannot be eliminated, but can be minimised and refl ects the fact that the broken rock sampling process is never completely free of error. Together with other sampling errors, FSE contributes to the total nugget effect. The FSE for a sampling protocol can be evaluated using the so-called Gy equation. Its practical applications to low-grade gold ores have often been unsuccessful due to problems linking the FSE and minimum sampling mass and the defi nition of key parameters such as the liberation diameter. Well-designed sample protocols minimise the total sampling error and hence the nugget effect. Reduction of the nugget effect is a key requirement for all sampling programs whether related to exploration and resource evaluation, metallurgical test sampling, grade control or metallurgical plant sampling. This contribution reviews the relationship between heterogeneity, FSE and nugget effect in gold deposits; and emphasises the need for FSE management throughout the mine value chain.

Aug 1, 2010

By D Stepanenko, G Stovpchenko, L Lisova, D Togobitskaya, L Medovar

Classical electroslag remelting of consumable electrodes is a drop-by-drop melt feeding through a slag layer into a renewing molten metal bath, slowly solidifying into a homogeneous, dense, defectfree ingot in a copper water-cooled mould. The new look at the additive nature of the electroslag remelting (ESR) process in a protective atmosphere allowed us to formulate the principles of a comprehensive thermodynamic-based model that can predict dynamic changes in slag and metal composition at certain ingot remelting. The model considers drastically different slag-to-metal mass ratios at the beginning and end of remelting and predicts gas, slag and metal composition in a chain of thermodynamic subsystems. Despite consisting of calcium fluoride and stable oxides, the ESR slag can oxidise main and active elements from steel and alloys (primarily aluminium, titanium and silicon) due to chemical reactions between slag and metal. ESR is not an electrochemical process in its nature. However, slags are ionic melts and deviation in their composition causes a change in their properties, affecting both operation mode and ingot quality. Another important understanding derived from the modern metallurgy technological route is that the ability to refine metal from impurities is not a priority for the ESR because consumable electrode has already passed all stages of refining and deep degassing at ladle treatment that changes ESR slags engineering principles. The critical importance became slag’s ability to generate process heat and keep the melting composition in the metal bath unchanged (except for non-metallic inclusions assimilation). Slag engineering for ESR required a compromise between chemical inertness to a metal composition and desired physical properties deriving from technological reasons. The Directed Chemical Bonds Concept (DCBC) in a multicomponent oxide system was used to build predictive models of electric conductivity and the melting temperature of fluoride-oxide slag based on their chemical composition. Both models help to design a customised composition of effective slags for steel and alloy groups or individual grades, and they are significant steps in the development of a comprehensive model of electroslag remelting.

Aug 21, 2024

By A McEwan, J Masters, C A. Jackson, A Catanzano, V Sharp, M Millen, S Rainey, S J. Spencer, G Roberts

A passive acoustic emission (AE) monitoring system has been developed and trialled on two M10000 IsaMillsTM. The analyser detects AE stress waves generated by grinding media impacts with the mill liner during mill operation. Locally propagating stress waves can be detected on the exterior liner surface using strategically mounted broadband accelerometers.The analyser has been developed into a robust commercial prototype system, and has been designed, installed and commissioned with Xstrata Technology at two mineral processing plants.A six-month field trial showed large-scale variation in AE power signature with process conditions. Analysis of the enveloped AE power output demonstrated a strong correlation with mill process conditions – more specifically grinding media relative loading, feed pulp density, feed volumetric flow rate and feed type.Placement of accelerometers along the length of the mill body provided key information on the grinding media relative deportment. The enveloped AE power detected by the mill body, discharge pipe and bearing housing sensors all captured information strongly correlated with mill operating parameters and process state.The prototype analyser demonstrates suitability as a long-term online tool for stirred mill performance monitoring, and potentially for optimisation and control, in beneficiation plants.CITATION:Jackson, C A, Spencer, S J, Masters, J, Sharp, V, McEwan, A, Rainey, S, Catanzano, A, Roberts, G and Millen, M, 2014. Monitoring of M10000 IsaMill™ process performance by passive acoustic emissions, in Proceedings 12th AusIMM Mill Operators’ Conference 2014 , pp 241–254 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 1, 2014

By G Wyartt

Systems such as Davey Bickford’s Daveytronic® SP blast initiation system and electronic detonators have been an integral part of drill and blast activities in Australia for over a decade, with the significant benefits of electronic blasting well documented. Since 2010 the Multiblast feature has been commercially available, which enables eight individual blast patterns (up to 1500 detonators each) to be blasted in the same firing window. Synchroblast has been in active operation since 2012, which allows a blast of up to 4500 detonators – either as a single blast pattern, or several smaller adjacent blast patterns – to be reliably initiated.Multiblast manages blasts separately but concurrently, allowing all blasts to conduct prefiring checks simultaneously from the firing point utilising only one remote blasting unit. Each blast can be selected and fired individually, in a sequence determined by the operator by scrolling through the colour display. Synchroblast automatically detects the blasting configuration, and manages all detonators as a single blast pattern. This simplifies the design and blasting processes for the mining operation.Multiblast and Synchroblast are routinely employed throughout Australia and globally in both open cut and underground operations, enabling optimal productivity due to increased blast volume and reduced operational downtime associated with blasting events.A number of case studies will be presented in this paper, detailing various mining operations that are consistently blasting in excess of 2500 detonators per blasting event as a part of standard drill and blast operations. Blasts over 3000 detonators are becoming more frequent as mine planning departments adapt to this operational capability and flexibility.CITATION:Wyartt, G, 2017. Multi and Synchroblasting – maximising operational productivity, in Proceedings Iron Ore 2017, pp 631–634 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 24, 2017

By F Kock, Y Sulianto, T Trott, B G. Putland, D Morgan

"Northparkes installed and commissioned a secondary crushing circuit in 2010 to debottleneck the semi-autogenous grinding (SAG) mill constrained grinding circuits. Following further improvements to the circuit (inclusion of a double deck vibrating screen), the project successfully delivered finer feed to the SAG mill. The result of this project was an increase in the milled tonnes from 5.6 Mt/a in 2012 to 6.0 Mt/a in 2013.The increased throughput rates introduced new challenges with the circuit becoming power limited. How to best optimise the available comminution power, while delivering the optimal particle size to the flotation circuit was made the key optimisation objective. To achieve this objective, Northparkes initiated a project that included engaging comminution experts. Recommendations included changes to the SAG mill including mill lifter design, increased grinding media charge levels and reduced grinding media size with aim of producing a finer grind size.Northparkes implemented these recommendations along with some other changes to SAG discharge grates and the mill discharge vibrating screen. This achieved a substantial reduction in the flotation feed particle size distribution (approximately 20 microns) by utilising increased average SAG power utilisation, in turn resulting in a two per cent increase in copper recovery.With power utilisation now maximised, the next phase of optimisation has moved to the throughput-grind-recovery relationship and the cost benefit analysis of installing additional grinding power.Citation:Sulianto, Y, Trott, T, Morgan, D, Bell, T, Kock, F and Putland, B, 2016. Optimisation of Installed Mill Power Post-installation of Secondary Crushing Circuit at Northparkes Mines, in Proceedings 13th AusIMM Mill Operators’ Conference 2016, pp 331–338 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Oct 10, 2016

Environmental leaching methods such as the toxicity characteristic leaching procedure (TCLP) test or the ASLP test are used to assess wastes including mining and mineral processing by-products. These tests were initially designed as regulatory tests simulating conditions in a co-disposal municipal landfill waste facility and do not allow leaching performance to be predicted in site specific scenarios. Further, the assumptions underlying these tests tend to define worst-case scenario leaching conditions for by-products from the mineral industry disposed of outside a co-disposal scenario.   Recently some characterisation leaching test methods have been issued as ISO/TS standards (ISO/TS 21268-3:2007 and ISO/TS 21268-4:2007) that aim to define the leaching performance of soil type wastes and to predict the leaching performance of these wastes over long time frames. In this preliminary work these standards are trialled for by-products from the mineral industry and the quality of information that can be obtained from them compared to TCLP/ASLP tests.   Where clear comparisons were possible, the TCLP/ASLP tests were typically found to extract a similar, or often greater, amount of component than (i) tests conducted at the same pH but without the acetate buffer or (ii) for test conditions aimed at simulating long-term leaching in an eluate defined by the waste type. While further work is required, the preliminary results indicated that the tests may provide reliable long-term estimates of leaching performance of wastes in soil types of variable pH and provide a suitable basis for long-term planning for optimal waste handling, treatment or even re-use.

Jun 1, 2010

By P Crorkan

Within the framework in which future exploitations for Codelco-Chile Divisi=n El Teniente are situated, regarding the deepening of its reserves and the geotechnical problems that affect their recovery, it becomes strategic to evolve with new variants, which make deep mining possible. Codelco ChileÆs Divisi=n El Teniente is progressing within its long-term planning the exploitation of a sector called Esmeralda, which includes its removal through the gravitational caving method (panel caving). It is planned to use pre-caving, which basically consists of developing and undermining the undercut level, without having developed the infrastructure of the production and transport levels. This is carried out in order to achieve a better redistribution of the stresses, thus obtaining higher quality in the infrastructure development of these levels as well as less risk. The extraction reserves for this area, estimated through the opportunity cost selection criteria, were determined at 348 million tons with an average grade of 1.014 per cent Cu. The project carried out geological and geotechnical studies in order to prevent the geomechanical risks of the sector to be exploited, which is a site conformed totally by primary ore. Lithologically, it occurs mainly in Andesite, located at the western limit by Brecha Braden Pipe. There are also varieties of porphyries and hydrothermal breaches of anhydrite. The Esmeralda Mine production program will increase from 4000 tpd (average) in 1998 to its 45 000 tpd rate of production estimated for the year 2005. The approved investment for the period 1995 to 1999 is $US 150 million, out of a total $US 213 million for the project. At feasibility study level and before the project, it showed a Net Present Value of $US 342 million, an Internal Rate of Return of 37 per cent and an IVAN indicator of 2.3 for a ten per cent discount rate and a copper price of 100 US cents/lb.

Jan 1, 2000