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By McMahon D

The approach to valuations at the Normandy Poseidon Group is a measured and methodical process that utilises skills sourced from a number of different disciplines. Whilst being subject to a strict set of guidelines, it is also sufficiently flexible to be able to cope with the considerable variety across the resources industry. The group uses Discounted Cash-Flow (DCF) techniques extensively in order to develop a base valuation. Other external factors (eg the market) are, however, also taken into account when forming a view on value. Other methods of valuation are used in tandem or as alternatives depending on the task. DCF techniques are an important tool but would never be used in isolation. Considerable care must be given to developing the DCF analysis as its components (eg discount rate) are prone to misuse. Whilst the valuation process is quite detailed and scientific, it is really only as good as the inputs or assumptions (technical, financial, etc) that are used. The methodology used remains consistent whether the group is undertaking the corporate planning process or making an acquisition.

Jan 1, 1994

Safety and health at work is about people. It is about people who plan for work, organise work and perform work. It is about those who come in contact with the workplace and those who are responsible for the workplace. There are wider ranging safety and health obligations that are imposed on the industry stakeholders that span all phases of the production process. In all cases, those responsible for discharging the obligations must ask the questions: Is what we propose safe?, can it be done safer? and are we sure? What we learn from recent legal cases before the courts is that it is essential that all stakeholders work together in a collaborative way when discharging these obligations. Safety and health at work cannot become an issue that is viewed only through the eyes of a single stakeholder group. The reason for this is quite simple. The interrelatedness of the responsibilities that are imposed on each of the stakeholder groups, means that the performance based legislation simply wont work, where an active model of communication and consultation is not in place.

Jan 1, 2005

By A Duran

When dealing with rocks in the geotechnical profession, a common activity involves providing an estimate of the intact strength. The tactile approach and descriptions of strength that apply to soils is well documented, can be readily checked through the use of a pocket penetrometer and are known to provide reliable estimates of strength. Moreover, although different soil strength classification systems are present, the bounds between classification classes are compatible across almost all documented classification systems. However, this is not the case for rock strength materials. There are numerous systems within the literature, some with different concepts, and almost all have different bounds to each strength classification. In this paper, the author presents seven classification systems for estimating intact rock strength and highlights issues in their implementation. Example cases are presented to discuss the typical concerns confronting field strength estimates.CITATION:Duran, A, 2014. Comparison of field estimated strengths, in Proceedings AusRock 2014: Third Australasian Ground Control in Mining Conference , pp 101–106 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 5, 2014

Ok Tedi Mining Limited has recently completed the first phase of a trial to compare the performance of D26B Krebs cyclones in different configurations to the new Warman 650 mm CAVEX cyclones. From 1992, rougher flotation feed size has increased from the target d80 grind size of 150 ¦m with increasing SAG mill throughput. At high SAG mill throughput, operators have difficulty maintaining the target cyclone feed pressure and must increase the cyclone feed density, thus resulting in a coarsening of the cyclone split. Warman International have developed the CAVEX high capacity cyclone. The new CAVEX cyclones, when compared to the Krebs units appear to:produce a measurable increase in volumetric flow for the same pressure drop; maintain or decrease the proportion of coarse particles reporting to overflow; and lower the overflow density. In all plant trials to-date, the CAVEX cyclones appear to be superior to the standard Ok Tedi Krebs cyclones. Further testwork is planned to evaluate modified Krebs cyclones (with recent design improvements) against the CAVEX cyclones.

Jan 1, 2000

By G Chen

Magnesite and dolomite are two salt-type minerals. The surface characteristics of these two minerals are almost the same. It is very difficult to remove dolomite from magnesite ores by flotation process. The present study was performed to develop a new collector and a better flotation scheme for magnesite from dolomite. The flotation tests show that there exists a significant difference in flotability between magnesite and dolomite when dodecyl phosphate synthesised with dodecanol, phosphorus oxychloride and other chemicals is used as collector. Sodium silicate was used as the modifier to improve flotation selectivity. It was found that sodium silicate selectively depressed magnesite at pH 4.5 - 7.5. The separation of magnesite from dolomite was achieved in a reverse flotation which resulted in a 76.1 per cent yield of magnesite with a grade of 47.3 per cent at 100 ppm dodecyl phosphate and 75 ppm sodium silicate. The flotation mechanism was investigated by characterising surface electrical properties and measuring the adsorption density of the reagents on magnesite and dolomite.

Jan 1, 2005

Organisations are starting to develop processes for achieving sustainability principles they have defined for their organisation. The foundation for these principles is now well accepted. The definition of a sustainability framework is a good starting point for any project. The delivery of the framework requires the organisation to think differently about how project objectives can be met. New tools are becoming available to help achieve the sustainability outcomes for the projects. This paper will examine the project building blocks that are necessary to ensure the sustainability framework can be achieved for the project. These include new approaches to decision-making processes and evaluation tools and when to apply them. An integrated approach with shared expertise to project delivery, which is applicable to the whole supply chain, will be discussed. This will cover sustainability procurement, integrated waste management, cleaner production and eco-efficiency, sustainable products and disposal. A project toolkit will be presented and some key project tools identified. The need for management support in undertaking these new approaches is critical, as is the need to develop partnerships and cooperative management to facilitate delivery.

Jan 1, 2004

By B Tessier

Checking the quality of a blast may be considered as subjective. Checking this quality will require measuring objective parameters. One of them is the resulting fragmentation of the blasted product. Numerous fragmentation æmeasuringÆ systems have been developed and marketed, based on image-processing. This presentation of FragScan will illustrate advantages and difficulties when using such a system. FragScan is essentially defending a policy of large and representative sampling. The purpose is to show how fragmentation is discriminating both productivity and profit of quarry operations on a blast-by blast basis. The next step will then be to ædriveÆ the blasting process to reach a æbetterÆ fragmentation. Other applications require the fragmentation as an essential result: this is the case for large boulders used in structure-reinforcement. Several case-studies have shown that FragScan can be used for quality-control, checking size-distribution of the product according to the requirements of the end-user. Only clear thinking about the precise use of such a æmeasurementÆ will further the success of this task.

Jan 1, 2001

By L Nienaber

Mines, after becoming operational, often retain the same support and reinforcement designs developed in the feasibility study. These designs are conceived from limited drilling data and regional experience, thus having an empirical flavour. Empirical designs are perceived to be conservative, catering for a variety of failure mechanisms, which are not always present in mine development drives.This begs the question: If you were to invest in the necessary resources to obtain sufficient data and complete the required analyses for the different development drives in the mine, to engineer a support and reinforcement scheme with the capacity to match the demand of the rock mass, what is the difference in cost when comparing an empirical design to an engineered design?To answer this question, mine tunnels with different geometries and orientations, where detailed structural data was available, were selected for a comparative design exercise. Material cost, development cost, cycle time and professional fees for engineered and empirical designs were estimated. The outcome is summarised in the following paper that discusses the process followed and the results of the design comparison.

Mar 8, 2011

This report will differ slightly from the traditional scientific and technical discussions given at this type of conference. It will focus on the personal experiences and choices that I undertook when deciding on my graduate position and location after completing university studies. Throughout the duration of my course I had experience in both fly-in, fly-out operations in the Pilbara and residential operations in the West Australian Goldfields. These experiences, though limited, allowed me to explore the two different methods and their pros and cons, and consequently to make my choice for graduate employment. Throughout the duration of my degree I believed it was important to gain a basic understanding of the two methods, focusing on lifestyle and personal interactions. The decision that a residential site suited my personality and lifestyle then allowed me to refine my job applications to a more specific list of mine sites and companies, resulting in a residential position with BHP Billiton at their Iron Ore operations in the Pilbara, Western Australia.

Jan 1, 2005

By A V. Ozsever

The selectivity in flotation columns involving the separation of particles of varying degrees of floatability is based on differential flotation rates in the collection zone, reflux action between the froth and collection zones, and differential detachment rates in the froth zone. Using well known theoretical models describing the separation process and experimental data, froth zone and overall flotation recovery values were quantified for particles in an anthracite coal that have a wide range of floatability potential. For highly floatable particles, froth recovery had a very minimal impact on overall recovery while the recovery of weakly floatable material was decreased substantially by reductions in froth recovery values. In addition, under carrying-capacity limiting conditions, selectivity was enhanced by the preferential detachment of the weakly floatable material. Based on this concept, highly floatable material was added directly into the froth zone when treating the anthracite coal. The enriched froth phase reduced the product ash content of the anthracite product by five absolute percentage points while maintaining a constant recovery value.

Jan 1, 2005

The history of the rail and mining industry in Queensland over the past century is inseparable. Indeed it was mining that led to the construction of the line west from Townsville and that shaped its current alignment. The discovery of gold at Charters Towers started construction of the Great Northern Railway west from Townsville in 1879, with completion to Charters Towers in 1882. The line was extended to Hughenden in 1887 and to Cloncurry in 1907 - driven by copper mines both to the south west and the north west of Cloncurry. The mining industryÆs association with funding the construction of rail lines to service their individual mines began in this area when the Hampden and Mount Elliot mine companies agreed to pay 50 per cent of the cost of the line from Cloncurry. The line to Selwyn was completed in 1910. Copper mining saw the construction of many other rail lines in the Cloncurry area in the 1910 - 20 period before copper prices slumped. Included in these lines were the Malbon to Duchess line and the line to Kajabbi and beyond.

Jan 1, 1998

Designing and constructing OxianaÆs Sepon gold and copper operations in one of the most remote areas in Laos has been a great achievement; one which was recognised by the engineering industryÆs highest accolade û the Australian Engineering Excellence Award in 2005. The developing nation of Laos has no previous mining or heavy industrial experience, but the support of the Lao Government and a remarkable Lao workforce has enabled the project to be developed and operate as well as it would anywhere else in the world.When making a decision to invest offshore, several geophysical and jurisdictional criteria need to be considered. Laos offers unparalleled prospectivity, a central location with growing infrastructure, a ready workforce and a developing but supportive regulatory regime. In addition, the Sepon copper project has exceptional characteristics, including its high grades, location near the surface, leachable qualities, access to hydropower and the ability to produce cathodes on site. These attributes and its location in the centre of a region hungry for resources contributes to the projectÆs excellent economics.

Jan 1, 2006

By C Hall, P Hazell, C Wilson

Every mine is situated within a water catchment – a catchment with potentially many other land uses. A mine may take up a relatively small area in that catchment, but its operations have the potential to affect the whole catchment and long after that mine has ceased to operate. Therefore, the residents of any given catchment have the right to feel secure in the knowledge that their catchment, and indeed the wider environment, will not be degraded by mining activities. Much conflict can arise when this confidence does not exist.But, imagine if a community not only felt confident that their catchment would not be degraded by mining activities, but was also confident that their catchment would be left in a better and continuously improving condition – with improving water quality, biodiversity and soil - and a strengthening, more resilient economy. CITATION:Hazell, P, Wilson, C and Hall, C, 2018. Landscape regeneration lessons learned from Mulloon Creek, in Proceedings Life-of-Mine 2018, pp 125–126 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 25, 2018

By N F. Glenn, S Thiruchittampalam, B P. Banerjee, S Raval

The determination of shear strength parameters for the spoil material plays a crucial role in the assessment of a dump’s stability; nevertheless, their evaluation necessitates laborious laboratory experiments. In order to address this issue, Simmons and McManus (2004) formulated a framework that serves as a foundation for categorising spoils according to their distinctive shear strength parameters based on observable and tactile characteristics. This framework, previously identified as the ‘BHP Mitsubishi Alliance Coal (BMAC) Spoil Shear Strength Framework’, is now recognised as the ‘CoalSpoil’ framework. The spoil characterisation provided by the CoalSpoil framework offers benefits but is not without limitations. The examination of these attributes in the field is a time-consuming task that demands expertise. Subjectivity arises in the spoil characterisation when attributes straddle the line between two categories, such as delineating matrix-supported and framework-supported fabric structures. To enhance consistency in the spoil characterisation process, minimising human intervention is crucial to mitigate bias, classification errors, and safety risks. This study seeks to achieve this aim by introducing image-assisted and automated methods for spoil characterisation.

Sep 1, 2024

By N Barnett, M Dello-lacovo, J Oh, S Saydam, T Pelech

In-Situ Resource Utilisation and Off-Earth mining require the application of horizontal drilling. The stability of such openings is challenging when excavating in the lunar regolith. Excavations on the Moon will encounter unconventional operational conditions such as different material properties, low gravity, and a moonquake. Micro-tunnelling or drilling to support lunar exploration and development of infrastructure on the Moon requires stability analysis to ensure its desired performance. The discrete element method (DEM) modelling technique has been utilised to investigate the optimum opening sizes on the lunar soil. From the literature, the mechanical properties of the lunar regolith have been reviewed and used for numerical model development. The model has been calibrated by simulating numerical triaxial tests with the Mohr–Coulomb failure criterion. Then, detailed parametric studies have been performed to investigate the influence of confinement, opening dimensions and moonquakes on the stability of openings. The findings have led to the development of a simple stability chart of the relationship between unsupported opening sizes and lunar regolith properties at different depths.

Nov 29, 2022

By A Mcquillan, N Bar

Geotechnical models developed during the open pit mine planning stage are generally three-dimensional (3D) in component to capture the spatial variation in geological, structural, hydrogeological and geomechanical conditions. Yet when geotechnical analysis is completed, often the 3D geological, hydrogeological and structural models are simplified to two-dimensions (2D). This paper demonstrates this simplification, through referenced case studies, can lead to the wrong failure mechanism being analysed and/or a conservative Factor of Safety (FOS), or Strength Reduction Factor (SRF), being calculated, leading to a false sense of stability. There exists a paradigm that the FOS calculated using 2D limit equilibrium (LE), or the Strength Reduction Factor (SRF) calculated using 2D finite element (FE), modelling methods is generally conservative, ie lower, than the true FOS. However, this assumption that 3D FOS, or 3D SRF, is always higher than 2D FOS, or 2D SRF, is not always correct (Chen and Chameau, 1983; Bromhead and Martin, 2004; Herza et al, 2017; Pyke, 2017; Dana et al, 2018).

Nov 29, 2022

By G Forbes, D J. Bradshaw, G S. Heinrich, D

Traditionally, operators on mineral flotation plants have relied on visual inspection of the froth surface when making adjustments to process set-points. Machine vision systems are being developed to relate froth surface descriptors, which can be consistently measured in real time, to flotation performance. By investigating the impact of various selected operating variables on both froth surface characteristics and metallurgical performance it is possible to develop a management strategy for the control and optimisation of the process. This paper presents the results of testwork conducted at Kennecott copper mine which investigates the relationship between the froth colour and the concentrate grade and discusses the factors which affect the froth colour. This work shows that the main factors that influence the froth colour in this system are molybdenum, copper and iron concentrate grade, pulp and concentrate per cent solids and pulp iron grade.It goes on to develop models to predict the concentrate grade based on colour information and velocity and stability information. It also shows that the most accurate prediction is made with combined colour and stability information.

Jan 1, 2005

By J Zhao, Q B. Zhang

The shock behaviour of a material represents its response to very high strain rate loading at pressures associated with those generated by explosive and blasting loadings. Three sets of shock wave experiments have been conducted to determine shock Hugoniot behaviour, spall tensile strength and shear strength using a plate impact facility. Embedded manganin stress gauges (ie longitudinal and lateral gauges) and high-speed velocimetry using heterodyne techniques were used for the measurements of stresses, shock velocity and free surface velocity. The gabbro exhibited classic linear Hugoniot equations of state in the US-up (ie shock velocity-particle velocity) plane; while for marble a polymer-like non-linear response was observed. The detailed experimental procedures used to make these measurements are to a great extent standard methods when determining mechanical properties and deformation fields at high strain rate.CITATION:Zhang, Q B and Zhao, J, 2015. The response of rock materials to one-dimensional shock loading, in Proceedings 11th International Symposium on Rock Fragmentation by Blasting, pp 665–672 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 24, 2015

By A Fowler

The unpredictability of the location, grade and width of narrow-vein deposits presents difficulties for mine geologists and engineers attempting to estimate, schedule, forecast and mine their deposit profitably. This unpredictability stems not only from the grade distribution within a vein, but also the irregularity of vein geometry in three-dimensional (3D) space. Traditional deterministic methods of modelling vein geometry do not account for the inherent variability of the veins, resulting in significant errors when using limited drill hole information. This paper presents a probabilistic method of modelling narrow-vein deposits using sequential gaussian simulation (SGS), which can quantify this variability and improve production forecasts. Vein geometry, thickness and grade are simulated to provide a number of different equi-probable realisations that each honour the drill hole and face sample input statistics. An example is presented from the Augusta narrow-vein Au-Sb mine in central Victoria, where the simulation results are validated against the input data and survey pick-ups of the veins along ore drives.

Aug 22, 2011

By Mizuta T, Sakurai M

The Pine Creek Inlier produced 12 440 kg of gold in the period from the first gold discovery in the 1860s to the early-1900s. During the 1930s renewed large-scale prospecting took place and gave a foothold for today's gold mining operations. The rise of the gold price and improved mining methods in the 1970s and 1980s made possible low cost, bulk low grade mining operations. Various gold deposits including vein, network and stratiform types occur in the Pine Creek Inlier (Nicholson and Eupene, 1990). The Tom's Gully deposit is located 100 km south-east of Darwin in the Northern Territory. It is hosted in the early Proterozoic Wildman Siltstone and lies north-east of 1800 my old Mt Bundey Pluton (Figure 1). Around the Mt Bundey Pluton, there are several prospective base and precious metal deposits such as Quest 29. The Tom's Gully gold deposit was discovered in 1986 and yielded a total of 3070 kg of gold from ore averaging 9.35 g/t gold between 1987 and 1990 when the mining operation was terminated.

Jan 1, 1994