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The economic valuation of mineral prospects usually involves DCF analysis of expected revenues and costs. Traditional approaches deal with price uncertainty by considering different price scenarios and may even consider cases where prices drop sufficiently for production to be suspended temporarily. This paper outlines recent extensions to the methodology derived from finance theory. We present a simple analytical model that focuses on the value of operational flexibility where future prices are uncertain.

Jan 1, 1988

By Denholm WT

The Dittmer process for the debismuthising of lead by electrolysis beneath molten caustic soda has been scaled up to 100 kg lots for batchwise operation and to 20 kg per hour for a continuous flow of lead. Bismuth was decreas- ed from 0.03 to less than 0.005 wt. per cent for an electricity consumption of 220 kWh per ton of lead. Lower bismuth levels may be readily achieved if required.

Jan 1, 1975

By Cottrell EC

Remote sensing has been used for many years but until recently its application has been limited by the resolution of the data available. High resolution airborne multi-spectral scanner data (MSS) has proven suitable for a number of applications including environmental management and monitoring. A shallow water mapping research. project completed on the Gold Coast has shown that- remote sensing can be used as a cost effective tool for environmental management and Monitoring.

Jan 1, 1987

By Reichman J, Chapman G

The features of seam gas drainage from the point of view of mathematical modelling are outlined and discussed: 1. The use of conventional single phase gas reservoir simulator for very simplified modelling. 2 Alteration of a conventional petroleum reservoir simulator into a specialised simulator for seam gas drainage. 3. Application. of a conventional petroleum reservoir simulator for modelling of seam gas drainage by the way of pseudo-functions and sacrifying one dimension.

Jan 1, 1982

By Coombes J, Richards W. L

The objective of this paper is to illustrate, in a practical way, how both geologists and mining engineers can use conditional simulation to add value to their decisions. Inherent assumptions, requirements and essential components of condition

Jan 1, 1998

Major Francis Hamilton Buchanan coined the term `laterite' (Latin; brick-rock) in 1807 for the red earths used for building blocks in southern India. Although these earths were actually weathered basalts, the term is now applied to weathering profiles developed upon a wide range of bedrocks. The Ni-laterites are a special class within the broad laterite family.

Jan 1, 1996

By S B. Martin, M P. Simpson, J L. Mauk

The Martha deposit in Waihi, New Zealand, is a giant adularia-sericite epithermal gold-silver deposit that formed 6.0 to 6.1 Ma, and has produced over 6.4 Moz gold and 39.9 Moz. Fluid inclusion analyses were undertaken on a limited number of vein samples from Martha. The results from this eight week student project are preliminary but agree with previous studies. There is little variation between primary and secondary inclusions and between different vein types, except that homogenisation temperatures of the inclusions in sphalerite grains are on average 20¦ to 30¦C higher than the average quartz vein values. Overall the temperatures of homogenisation ranged from 182¦ to 258¦C and final ice melting temperatures ranged from 0.0¦ to 2.8¦C. Unusual black inclusions were also found associated only with the ginguro bands. Some of these appear to be solid sulphide inclusions but others are not so clear.

Jan 1, 2007

By Paine GG

In coal mining each of the unit operations are interrelated with each preceding operation having an effect on subsequent operations. This presents difficulties for determining when the lowest overall costs for a particular mining system are achieved. Drilling and blasting is the first mining operation for production and is known to have an effect on the subsequent loading, hauling and crushing operations. Computer blasting models developed over the past 15 years can be used to describe the drilling and blasting operation. This paper describes the ICI Blasting Model "SABREX" in detail. Methods of using the model are discussed. This involves field measurements of geological structure, shallow refraction seismic surveys, laboratory measurements of rock properties and high speed photography of blasts. The predictions are compared with actual blast results for fragmentation sizing and muckpile profiles. Outputs from the model are described and these can be used for input to models of subsequent operations.

Jan 1, 1987

By Cox N

Fragmentation control is perhaps the most critical aspect of quarrying operations, potentially impacting on the costs of all down stream processes, and sometimes even on the economic viability of an operation. The focal points of studies to control fragmentation are generally the pattern of blastholes, the accuracy of drilling, and the most appropriate powder factor. Recent studies suggest that the performance, and consistency of performance, of explosive detonation in the blastholes may also be a significant factor impacting on blast performance in hard rock quarries. This paper presents the results of studies of bulk emulsion and watergel explosive performance, using blasthole velocity of detonation measurements, and its impact on fragmentation. Field studies show a strong correlation between blasthole VoD and blast fragmentation. Another aspect of explosive performance impacting on ease of excavation of blasted rock is muckpile displacement, from which estimates of effective heave energy have been made for different bulk slurry (emulsion and watergel) products.

Jan 1, 1995

By Wilkins C

The Browns Creek deposit is located 8 kin west of Blayney and 220 km west of Sydney (Figure 1), at lat 33¦32'S, long 149¦10'E on the Bathurst (SI 55-8) 1:250 000 scale map sheet. The total measured, indicated and inferred resource at 30 June 1997 was 1.29 Mt at 6.39 g/t gold and 0.45 per cent copper. During the 1996 - 97 year 263 557 t of ore at 6.30 g/t gold and 0.48 per cent copper was treated, to produce 47 496 oz of gold, and 1 169 t of contained copper in concentrate. As the result of an increase in the resources and reserves, because of underground exploration drilling and accelerated mine development, 1997 production at Browns Creek is predicted to expand from 240 000 to 390 000 tpa, to yield more than 70 000 oz of gold per year.

Jan 1, 1997

Simple parameters, capable of easy observation on-site under operating conditions without interruption to production, are outlined for the operational assessment of underground conveyor systems. Recording techniques, methods of analysis and deduction of operational characteristics are discussed for batch inputs to several points of a multiple belt conveyor system with limited inter-belt storage capacity. Particular attention is given to input and output load- time distributions, utilisation of inter-belt storage capability and system shutdown behaviour. Actual data, observed for a transfer feeder located between two trunk conveyor belts in an underground coal mine, is used to illustrate the operational assessment of an underground system. Load sensitive feedback systems-are briefly considered.

Jan 1, 1982

The Queensland Phosphate Limited (QPL) Project is based upon the manufacture on world scale of High Analysis Fertilizers from resources located in north-west Queensland.High Analysis Fertilizers are produced from phosphate rock, sulphuric acid and ammonia.

Jan 1, 1993

Following GyÆs earlier proposals for the use of StudentÆs t-test, a simplified, effective method and philosophy are proposed to test for maximum tolerable bias in data sets as well as in sampling devices. The philosophy of testing is particularly emphasised to derive important practical implications in terms of decision-making and risk control. Conclusions are offered which should equally matter to manufacturers and users of sampling equipment.

Jan 1, 2005

By Agrawal R. D, Kapoor M. L

Activity of FeO in the ternary system MgO-FeO-CaO in contact with metallic iron has been measured at 1000 K employing the cell.PtIFe, (Mg, Fe, Ca)OIZr02 - CaOIFe, FeOlPt. Measured data are used to study the phase stability relations in the system MgO-FeO-CaO and an isothermal section at 1000 K through this system is drawn.

Jan 1, 1987

By Bassett N

The Eneabba deposit, located 280 km north of Perth, Western Australia, and 30 km inland (Fig. 1) is one of the most recently developed deposits of mineral sands in the world. The area has been in production since 1974, while the Associated Minerals Consolidated Limited (AMA) operation commenced production in 1976. Total ore reserves of close to 400 million tonnes contain about 40 million tonnes of heavy minerals (proved and probable).

Jan 1, 1979

By S Totsuka, P Ortiz, E Prokkola

Electrochemical polarisation techniques can be successively applied to maintain clean surfaces in process environments. The applications are the result of extensive knowledge of the electrochemical nature of process environments, an innovative approach to problem solving and shared æcan doÆ attitudes between the supplier and process owner. Initial identification of suitable applications is based on over 20 years of process and electrochemical experience. The technologies discussed in this paper include Electrochemical Anti-Scaling [EAS], Electrochemical Protection Systems with both anodic [EPSA] and cathodic [EPSC] protection and Electrochemical Flocculation [EF]. Examples of industrial applications are reviewed. Good examples of metallurgical processes which can benefit greatly from an advanced electrochemical treatment are the wet processes involving precipitation, crystallisation and evaporation. Eliminating corrosion and scaling which would otherwise cause process disruptions and quality problems can make a big difference in process profitability. Clear advantages in both cost efficiency and environment friendliness are easily demonstrated. Continuous processing with minimum downtime is one clear advantage. In comparison to the use of corrosion inhibitors, anti-scaling agents and flocculants, the electrochemical polarisation does not increase the environmental load from the process as no additives of any kind are used. In most cases the cost benefits from pro-actively keeping surfaces clean with the help of advanced electrochemistry are substantial when compared to traditional re-active methods and other active treatments.

Jan 1, 2004

MAXIMINE is a compiled, comprehensive, spreadsheet-based, macro- driven software package, written to aid in the rapid and early assessment and design of virtually any small, medium, and large mining or quarrying project. The system has been des

Jan 1, 1998

The paper describes the development leading to the bucket wheel excavator systems now used in the Latrobe Valley and refers in particular to the new S.E.C.V. dredgers Nos. 14 and 15 which will be employed in the Loy Yang open cut. The design concept and operating possibilities of these dredgers are described in detail with reference to the machine characteristics designed for the operating conditions in the Latrobe Valley. The design is compared with units of similar capacity in open cuts of other countries.

Jan 1, 1982

Fluidised Bed Combustion technology has expanded since the first fluidised bed boiler steamed in 1974 with 58 companies currently supplying units. In Australia the market has been in small boilers and the goal of a limited attendance coal fired boiler has been achieved. On the world scene, the major incentive for development has been emission control with sulphur capture and low NOX. The potential of significant reduction in plant size is encouraging development of pressurised fluidised bed combustion.

Jan 1, 1987

By Shining Z

The properties of coal or rock containing gas are very important both for studying coal and methane outburst mechanism and for controlling underground rock in mining. The rheological fracture properties of coal containing gas were studied to obtain its rheological fracture principle both in microscopic scale and in macroscopic scale. The application of this principle is successful in explaining coal and methane outburst mechanism and for putting forward a rheological hypothesis of coal and methane outburst.

Jan 1, 1992