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Iron formation-hosted iron ore deposits account for the majority of current world iron ore production and consist of three classes: unenriched primary iron formation with typically 25 to 45 wt per cent Fe; martite-goethite ore formed by supergene processes, with abundant hydrous iron oxides containing 60 to 63 wt per cent Fe; and high-grade hematite ores thought to be of hypogene or metamorphic origin overprinted by subsequent supergene enrichment with 60 to 68 wt per cent Fe.Individual iron ore deposits range from a few millions of tonnes to over two billion tonnes at >64 wt per cent Fe, although most are within the range of 200 to 500 Mt. In the Hamersley Province of Western Australia, martite-goethite ores are largely developed in the Marra Mamba Iron Formation, although high (>0.08 per cent P) phosphorous mineralisation is also well developed in the stratigraphically higher Brockman Iron Formation. Whilst the vast majority of high-grade microplaty hematite ore is best developed in the Brockman Iron Formation, this paper provides the first textural evidence of locally significant microplaty hematite mineralisation in the Nammuldi Member of the Marra Mamba Iron Formation, in the Chichester Ranges at the Christmas Creek, Cloud Break and Mount Nicholas prospects. Petrographic studies have identified a high-grade Fe texture composed of nanometre scale plates of hematite in mineralised sections of primary microplaty hematite deposits in the Pilbara and elsewhere, well below the normal depth of weathering or dehydration. The population of nanometre to micrometre scale hematite plates is interpreted to represent various stages of nucleation, crystallisation and progressive growth of hematite from the primary ore-forming fluid in areas that were once iron-rich carbonates or silicates in the BIF.

Jan 1, 2005

Planning for the Macraes Extension project highlighted the need for additional tailings storage availability. The possible solution of developing new tailings impoundments in Northern Gully, in tum, led to concerns being expressed by the regUlatory authority over the assimilative capacity of Deepdell Creek. Philosophical differences over the appropriateness of applying a seepage model used to set standards in consents for the original project resulted in the company re-evaluating the whole monitoring system associated with tailings disposal and seepage control. Re-evaluation indicated problems arising from the existing in-stream water quality monitoring in respect of protection of the aquatic ecological system and verifiability of results. A new monitoring system was designed relocating the compliance monitoring point out of the stream and into the gully containing the tailings impoundments giving greater certainty of monitoring results to all parties and providing improved protection for the aquatic ecology of Deepdell Creek.

Jan 1, 1993

By Chand F

The silver deposits of Rockvale near Armidale, N.S.W., occur in fissure veins in epi-Permian granite. The ore is fine grained, mineralogically complex, and contains twenty-seven different minerals including eleven silver minerals. The ore is characterized by a unique multiple unmixing from a sphalerite solvent. The following minerals have exsolved from solid solution in sphalerite: pyrrhotite, chalcopyrite, cubanite I, cubanite II (chalcopyrrhotite), valleriite, "brown" stannite, "olive" stannite, argentian tetrahedrite, pyrargyrite, and an unknown grey-white mineral. Several of these minerals derive from a second-stage unmixing, the immediate solvents of which are the products of earlier exsolutions.INTRODUCTIONSmall silver-rich base metal deposits occur at several localities near Armidale in the New England district of New South Wales. Chief among these are the Tulloch Mine and the Rockvale Mine at Rockvale, 27 miles SE. of Armidale, and the Tait's Gulley deposits some 15 miles NE. of Armidale.At Rockvale (Kenny, 1928), irregular lenses of lode material, principally quartz and calcite, occur along a zone of shearing in biotite granite and altered sediments. The orebodies had a maximum width of 6 ft but averaged 2 ft 6 in. The largest lens was 150 ft long and 50 ft high. The Rockvale deposits were worked for both arsenic and silver; 2,897 tons of arsenic were produced but no figures are available forsilver.Little is known of the Tait's Gulley deposits which occur in folded arenites containing small but rich veins of pyrargyrite with base metal sulphides.The sediments in these localities are possibly Silurian.

Jan 1, 1962

By E R. Ramanaidou

The presence of clays in channel iron deposits (CID) within the Pilbara region of Western Australia causes problems in the classification and subsequent processing of the iron ore. In particular, the presence of clay adversely affects the processing and ore metallurgical properties by increasing the amount of Si and Al. Iron ore companies are seeking new methods to quickly and objectively detect the type and amount of clay in these deposits. Traditional methods of clay quantification such as X-ray diffraction (XRD) and thermal analysis are time consuming and expensive. Reliance on bulk chemical techniques (eg X-ray fluorescence, (XRF)) to derive normative mineral abundances can give misleading results. For example, the replacement of Fe by Al in the structure of the iron oxide minerals, goethite and haematite, which dominate in CIDs, can be significant. Silicon can also occur in association with these Fe minerals. If not accounted for, chemical techniques may overestimate the normative abundance of clays. In comparison, reflectance spectroscopy in the visible-to-near infrared (VNIR) and short wave infrared (SWIR) wavelength range (eg 400 - 2500 nm) and Fourier transform infrared (FTIR) (6000 - 900 cm-1) analysis are non-destructive techniques that can provide rapid and objective mineralogical information. Both techniques are particularly suited to Al-, Fe- and Mg-OH bearing minerals such as clays. Kaolinite and, to a lesser extent, montmorillonite are the most common clay contaminants that occur in the Pilbara CIDs. Previous applications of VNIR-SWIR spectroscopy have demonstrated the potential of these methods in quantifying the clay mineralogy of CID ore. In this study, variations in the depth of diagnostic spectral adsorption features in the SWIR wavelength range of kaolinite and montmorillonite in standardised mixtures, with known proportions of clay, were well correlated to the abundance of kaolinite and montmorillonite, and to the clay alumina content (ie per cent Al2O3 û clay).

Jan 1, 2007

A blast is designed to completely break competent rock such that it can be economically extracted, and efficiently handled or processed. Efficient breakage of the rock is critical to the success of an operation, and in many operations blast design is optimised to achieve fragmentation, muckpile profiles, and material that is easily excavated. There are inevitably other issues, such as damage to adjacent rock, that should be taken into account when designing a blast to achieve overall optimisation. Some of the key issues with respect to the integrity of the in situ materials adjacent to a blast are identified and briefly discussed in this paper. The potential for damage and the effects of a blast will be strongly influenced by the rock mass properties. This makes it important that site specific conditions and their response to blasting are known. Practical techniques that allow the disturbance adjacent to a blast to be measured with minimum disturbance to operations are described in the paper. Experience shows that, during the blasting process, there is considerable potential to disturb the in situ rock mass adjacent to the blast. In some circumstances a very important objective must be to minimise disturbance outside of the immediate blast area. Measured and observed disturbances caused by blasting to adjacent rock, for various common types of blasting, are discussed in this paper. Blast induced disturbances to the rock mass have been observed in both the near and far fields. These disturbances have the potential to impact on geotechnical design. The geotechnical significance of blast disturbance on a rock mass that is to remain in situ is explored and suggestions with respect to design are given.

Jan 1, 2004

By C J. Stanley

Reflected light optical microscopy, or epimicroscopy, is one of the oldest techniques of modern mineralogy. At a relatively low capital cost, it is also very resourceful, and the analytical choice for the identification of most ore minerals. In ore mineralogy, reflected light optical images have the potential to overcome the main limitation of backscattered electron images from scanning electron microscopes, namely contrast of mean atomic number  below the spectral resolution of the backscattered electrons detector. This is the case for relevant ores, like iron (haematite-magnetite) and copper-zinc ores (sphalerite-bornite), but for both cases the pairs of minerals are easily discriminated in reflected light. The improvements in optics and electronics also made microscopy a powerful source of digital images, suitable for automated analysis for minerals processing, as the determination of liberation spectra. The drawback, however, has always been the impossibility to recognise the transparent minerals, which account for most of the gangue phases in ores, from the embedding resin, usually epoxy. In order to determine if there was any possibility to separate quartz from epoxy resins, reflectance spectra have been acquired for quartz and some commercial epoxy resins (Araldite, BuehlerÆs Epothin and Epocolor, Araldite spiked with fluorochrome from Struers), from 380 to 720 nm in 5 nm intervals. Reflectance of quartz and epoxy is very similar over the whole visible light range, and varies from 4.5 to five per cent. Epocolor, a red-dyed epoxy, reflects slightly more above 560 nm, as does Araldite spiked with the fluorochrome from 460 to 570, but for both the reflectance is still very close to that of quartz, under 5.1 per cent. This data set is final, and precludes the application of reflectance in light optical image analysis for assessment of liberation, phase quantification, or any other signal that requires separation of resin from transparent minerals.

Jan 1, 2008

Just as Australia is part of the Pacific Rim, so the Pacific Rim should be viewed as part of the whole world. That applies in particular to that scarce commodity û money. There are five main factors of production in any mining development û mineralisation, materials, manpower, management and money. LetÆs focus on the upstream input û mineralisation, and the downstream input û money, especially in the area of communications. Unknown to many, the Competent Person reporting on Mineral Resources and Mineral Reserves has a direct and unavoidable impact on the companyÆs financial statements û the profit and loss account and balance sheet. With respect to reporting of the major asset of most mining companies û the resources/reserves û investors are getting a better deal now than at any time in memory as regards flow and adequacy of information. Australia has been a world leader in this regard. The outlook is for even more informative and useful reporting. The more rigorous reporting requirements for Exploration Results and Mineral Resources/Reserves, which have become a worldwide phenomenon over the last five years, will continue. This will be positive for the mining industry as a whole and for Australia in particular. However competition for the scarce investment dollar will also increase. Put simply, mining has many competitors, unconnected with mining, for the capture of the investment dollar. It behoves all participants to recognise that there are three investment factors which influence strongly the willingness of investors to put money into mining. These are Confidence, Credibility and Consistency. AustraliaÆs investment image stands high in these three respects, but the competition will continue to grow. AustraliaÆs lead must be maintained. However, some investment decisions should not necessarily be based on fundamental, quantifiable facors. Some of these are outlined.

Jan 1, 2004

By D H. Bell

The potential for extracting gravel materials from active floodplain and channel areas has been investigated for three West Coast rivers û the Grey, Inangahua and Whataroa. Studies have focused primarily on resource availability and replenishment, but there are clearly also environmental management issues associated with such a proposal. The potential uses for of extracted materials include roading and concrete aggregates, as well as railway ballast, whilst a major benefit would be in assisting with flood control and channel maintenance in a naturally aggrading system. Sediment movement in the rivers has been examined at three scales; long-term (>100 years), medium-term (10 - 100 years) and short-term (<10 years). Long-term sediment movement is based on geological and geomorphological information, such as cyclic fan development and down-cutting in the Whataroa River where sediment input appears to be largely controlled by Alpine Fault rupture events. Medium-term assessment relied on air-photo interpretations over a period of about 50 years, with the mapping of channel changes and bank migration. Short term changes were evaluated from gauging records and other hydrological data, and took account of the development of an armour layer in these gravel-bed river systems. It was concluded that sediment in the lower reaches of each river was suitable for most aggregate uses, although input of more weathered Greenland Group materials in the upper reaches (eg of the Mawhera-iti or Little Grey) resulted in product that was not satisfactory for sealing chip or railway ballast. Of greater importance was the fact that short-term studies showed that a minimum threshold of flow was required for gravel entrainment, and that significant sediment movement only occurred above the one-year return period flood. Ongoing monitoring of river profiles, with accompanying flow gauging, would clearly be necessary were a substantial increase in river bed extraction to be permitted by The West Coast Regional Council.

Jan 1, 2003

By G Harbort, C Sola

The rapid development of geometallurgy in the mining industry has occurred in relatively recent times. Its importance as an independent discipline in the mineral processing world has been emphasised and recognised. To a large degree, this is the result of a growing understanding of the ore type being processed and their application to provide better metallurgical responses in different mineral processing techniques. The development has matured from early progress through to geological knowledge and into the realm of the metallurgist and mining engineer. Working together, they have developed a powerful framework that will interpret a body of mineralisation into measurable properties.The integration of geometallurgy and operations has become of increasingly important due to improvement in understanding of an orebody as a natural system formed by a number of processes and with a definite fabric of mineralisation within different geological domain. These have to be taken into account when creating techniques that will enable operations to extract the valuable components from a distinct type of ore. Incorporation of such knowledge at an early stage of development, such as the feasibility stage significantly reduces the project risk.This paper is written from the unique perspective of a process engineer embedded within a geological team. It discusses issues such cross discipline communications and misconceptions and details the numerous tricks, traps and treasures of geometallurgy encountered during defining of the Seminco and Taysan resources.CITATION:Sola, C and Harbort, G, 2012. Geometallurgy - Tricks, traps and treasures, in Proceedings 11th AusIMM Mill OperatorsÆ Conference, pp 187-196 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Oct 29, 2012

QEMSCAN« technology is a widely accepted automated e-beam technique providing quantitative and statistically robust mineralogical data to the mining industry. It uses X-ray mapping combined with backscattered electron (BSE) brightness to identify minerals in almost any type of geological material (Gottlieb et al, 2000). Besides the modal mineralogy also the liberation, associations, average grain size and other textural information can be obtained. The aim of this study is to test reproducibility of this technique by setting up and running standard tests on different QEMSCAN« systems. Multiple sample blocks were prepared by our standard operating procedure as epoxy-mounted, carbon-coated, polished blocks. The replicates were measured under the same conditions and measurement parameter settings on different QEMSCAN« instruments. The relative standard deviation (RSD) for the set of measurements was calculated. Generally the reproducibility of the systems themselves was found to be excellent, ranging between 0.4 and 1.5 per cent RSD. The more significant change in the reproducibility was found to be caused potentially by the sample preparation and variation in the mineralogy of the replicates. The measurement parameter settings together with these variations can account for almost 15 per cent RSD for minerals of low abundance. For analysed samples good results for the main phases present in quantities higher than 2 - 5 wt per cent of the total mass of the sample were confirmed with RSD generally below six per cent. Following the experiments, the parameters having the biggest influence on the performance of the QEMSCAN« and its precision are discussed in detail. The importance of sample preparation procedures and measurement parameter settings is emphasised. It is shown that experience and excellence is necessary for getting the most from the automatic mineralogical methods like QEMSCAN«.

Jan 1, 2008

By P Cameron

Many products and technologies have been developed from outcomes of research projects carried out by the Julius Kruttschnitt Mineral Research Centre (JKMRC). When these products and technologies are applied to the design and optimisation of blasting, comminution and separation, improvements in profitability can be realised. In 1970 Alban Lynch promoted two practical ideas to improve plant operations: Ore and equipment properties can be separated allowing experience with one type of ore or equipment to be transferred to other types of ore and equipment. If this experience was encapsulated in a mathematical model, then these properties could be combined and used to simulate (ie to design and to optimise) complete mineral processing circuits. Many problems associated with scale-up from laboratory to industrial equipment could be eliminated by experimental work on full-scale equipment in the plant. Many JKMRC research projects have focussed on the development of models of unit operations in mineral processing and their application to process simulation. Models of comminution and classification developed at the JKMRC have been used since the early-1980s. Ore characterisation techniques developed to support these models are licensed world wide through JKTech. The application of comminution modelling techniques to blasting, which optimises the process feed size distribution is used in Mine-to-Mill? projects. The advances in the understanding and modelling of froth flotation over recent years have provided the opportunity for integrated ore characterisation and process optimisation from resource to product. JKMRC project outcomes often provide proven opportunities for the mineral industry to improve performance and productivity. JKTech was established in 1986 to commercialise and market the most promising outcomes and thus ensure their continuing availability to the mineral industry. These include: commercial software (JKSimMet, JKSimBlast and JKMetAccount); monographs (Comminution and Blasting); technologies (Mine-to-Mill? and flotation optimisation); and hardware products (JKFrothCam, JKJetLift? and the Mineral Liberation Analyser). This paper summarises these technologies and their benefits.

Jan 1, 2002

By S Coughlan

"A personal account of my journey from a student from suburban Melbourne in the 1970s through 40 odd years in and around the mining industry including the important events that have moulded my thinking and, as result, have formed the guiding principles of the mining contracting business and related entities that make up the Byrnecut Group. On reflection the game of chance has played a big part in the journey, from the selection of initial study based on my parents financial capability and the one and only offer of early employment by Western Mining Corporation where the formative phase of my career took place in what was the vibrant can do environment that existed in Kambalda in the 1970s and early 1980s. Subsequently the unplanned meeting with Frank Lubbock drawing me back to Kalgoorlie from Fiji in 1987 and the resultant formation of a private mining contracting business, the excitement of the mid 1980s Kalgoorlie mining environment followed by the turmoil of the 1987 stock market crash where business survival was the game, resulting in a relationship with the German based Thyssen Group.Thereafter the development of a large privately owned international multifaceted mining services group and the principles behind that growth. These include: development of strategic personnel and retention of those personnel cashflow management and debt within a private company scenario recognising opportunity for synergetic growth but insisting on market forces driving those business elements, as opposed to internal divisions group-wide sustainable business systems, particularly in relation to leading safety and training processes innovation and renewal to provide the elusive advantage in a competitive market the role of entrepreneurial small businesses in development of technology.The above principles combine to make a margin in a cut throat contracting environment, competing on the world stage against other contractors and owner mining options.CITATION:Coughlan, S, 2014. A miner’s journey, in Proceedings 12th AusIMM Underground Operators’ Conference 2014, pp 3–10 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 24, 2014

By G R. F Alvear Flores

Mineral resources are becoming more complex in composition and structure making it more difficult to produce clean concentrates for primary metal smelting. In parallel, providing technological solutions to the recycling and recovery of end-of-life materials is becoming more important in moving towards the goal of increasing circularity. The availability of fundamental thermodynamic data and advanced thermodynamic tools greatly assists in evaluating these complexities and their impact on existing and new processes. In addition, it is fundamental to support the economic performance of smelters. This paper describes several examples on how fundamental work can be applied to industrial processing..

Jun 17, 2024

Acclaimed as one of the most remarkable orebodies anywhere on account of its length and richness, the Oroya Shoot occurs on the eastern side of the Kalgoorlie gold mining district close to the contact of a fine-grained with a coarse-grained greenstone, and in association with sediments. In the same stratigraphic position on the synclinal flanks of a large drag fold there are a number of other flat ore pipes, smaller, but almost as rich in tenor. Although differing in control structure they are believed to be related genetically as all show a characteristic development of a bright-green ore known locally as "green leader". Folding and bedding structures have played an important part in formation of the ore shoots.INTRODUCTIONThe Oroya Shoot is the biggest individual bonanza of Kalgoorlie's Golden Mile. It has been stoped almost continuously over a length of 4,300 ft., and about 2,000,000 oz. of gold have been won from it. Naturally pillars are not left in the best sections of such an orebody and the detailed geology of stoped out portions can only be inferred from examination of adjacent workings.No mention is made in the literature of the actual makeup of the orebody although a few structures are shown on some of the old cross sections. A diagrammatic cross section, Fig. 1, adapted from Stillwell (1929) illustrates the form of the Oroya Shoot.Gustafson (1937) drew attention to the role of folding, previously unrecognized, in Kalgoorlie geology, and indicated that the Oroya Shoot is associated with a minor drag fold on the east limb of the Brownhill Syncline, itself part of a larger left hand drag on the Central Anticline. The latter in turn appears to be part of a regional right hand fold system as shown by Campbell (1953).

Jan 1, 1959

By A L. Hemphill

Conventional models, based on pulp kinetics, were regressed directly to steady-state data from a nine-stage platinum flotation plant, to provide a basis for optimisation studies. æFroth factorsÆ were used to characterise the froth in each stage and a ædepressant factorÆ was used for gangue minerals, to account for addition of depressant to the cleaners. These factors improved the fit, but differences between plant and model of up to 50 per cent were still present in a number of streams in the cleaning circuit. A new model was developed, which incorporated two rate constants for the recycle of particles from the froth. These parameters provided a workable approximation of the distribution of probabilities of particles being recycled in plant cells, depending upon where particles appeared at the surface. The feed streams were characterised by two pulp kinetic parameters and the above recycle parameters, for all minerals and all stages. The fit to the data was improved very significantly, when compared to the use of conventional pulp-based models with several pulp rate parameters. This relatively simple model did not require additional data from batch tests and it was suitable for plant simulations.Simulations of various strategies for plant operation were tested, allowing the simulator to vary the concentrate flows from all or some of the stages, in order to maximise platinum recovery. The simulator was imbedded in an automatic optimiser and constraints on chrome content or mass flow of final concentrate were used. The simulations of the existing circuits demonstrated that an improvement in recovery, (for a constant concentrate mass) of about 0.5 per cent was possible, by optimising all concentrate flows. A significant reduction in the flow of scavenger concentrate and an increase in the recycle flows in the cleaners were noted. The results of simulations of various changes to the circuit configuration are also discussed. An increase in recovery of 1.4 per cent (for constant concentrate mass) has been achieved in recent simulations, through circuit changes. However, it was necessary to keep the mass pull of concentrate, per unit area, within typical limits.

Jan 1, 2005

By J Gutzmer

The Kalahari Manganese Deposit in South Africa accounts for 80 per cent of the worldÆs land-based mineable Mn reserves. Although the ores are primarily mined for export, South Africa is the worldÆs third largest producer of ferromanganese and ferrosilicomanganese alloy, both of which are derived from the smelting of these ores. Mineralogical analysis has traditionally been forsaken for bulk chemical assaying in quality control of smelter feeds, principally because quantitative data could not be easily produced. Yet, mineralogy plays a vital role in determining smelting behaviour, which in turn has economic implications when aspects such as energy and reductant consumption are considered. Smelting is an endothermic process, and the amount of energy input required is dependent on the minerals present in the ore, as well as their relative proportions. Further, knowing the bulk Mn oxidation state in the ores allows for calculation of the amount of oxygen that must be driven off to produce alloy, and hence the amount of reductant required. Additionally, certain minerals can be correlated with potentially deleterious elements, so that ore mineralogy can indicate penalty element distribution. Mineral abundance analysis was conducted on ores from the Kalahari Manganese Deposit using quantitative X-ray powder diffraction. Rietveld refinement using a fundamental parameters approach was applied to micronised ore samples. The mineral percentages obtained were validated using mineral chemical data together with bulk major element data derived from ICP-OES. Bulk oxidation state partitioning was then carried out knowing the Mn valence in the minerals. The results show potential for implementation of the proposed method on a smelting plant, where ore blending could be then implemented to achieve consistent feed compositions to smelters. Selective mining could also be undertaken to obtain desirable ore compositions for domestic or international markets.

Jan 1, 2008

Kambalda Nickel Mines (KNM) currently have eight operating underground mines, three on care and maintenance and other orebodies at various stages of development. Each operation differs greatly in scale, ore grade, milling characteristics and cost structure. The optimum number of mines operating at any one time and their level of production, within the constraints of mill blending requirements and overall mill capacity, is the key to maximising profit in a climate of fluctuating nickel price. Cost models are developed for each mining operation which relate ore tonnes mined to total cost per pound of nickel produced from that mine. Aggregating the mine cost models provides a composite cost model for the entire operation. The cost models provide the operating levels necessary for each of the mines and hence Kambalda as a whole, to operate at the lowest cost per pound of nickel produced. However, lowest operating cost does not necessarily lead to maximum profit. The level of nickel price above operating cost can dictate maximum profit positions which are contrary to the lowest cost position. In addition, the decision to temporarily shutdown mines or reopen mines in response to nickel price movements comes at a cost. In considering the optimum operating position, the price of production capacity flexibility needs to be taken into account. This paper describes the process used to assess all these factors in arriving at the optimum operating position for Kambalda Nickel Mines for varying nickel prices. The same methodology can be used by corporate management in managing multiple mine sites as well as mine management managing multiple orebodies or stoping blocks for maximum profit.

Jan 1, 1995

By Heyes GW, Orrock GI

The fine grained complex orebody at Elura contains galena, silver and sphalerite in a matrix which is mostly pyrite; sulphides account for about 90% of the orebody. A differential flotation circuit is operated to con- centrate lead and silver in the first section and zinc in the second. The metallurgical performance to date indicates the need for improvement. The lead section has been sampled in detail to comprehensively assess its overall performance and to define problems associated with lead and silver flotation. The substantial amount of pyrite in the feed dominated the perfor- mance of each stage of the separation. It was responsible for extensive dilution of all concentrates and, as a consequence, for very large circulating loads. The rougher concentrate contained 68% pyrite some of which was rejected through the three stages of cleaning to 39% in the final concen- trate. However, this was still sufficient to hold the assay of this product below 45% Pb. Size by size behaviour shows that flotation rates of the valuable minerals, as characterised by their rate coefficients, were low through- out the circuit. There was a significant deterioration in these rates between rougher and cleaner I stages which resulted in large circulating loads between these stages. There was practically no recovery of coarse valu- able minerals to the final concentrate. The dilution of the final concen- trate by non-sulphide gangue was not a major problem. If the recovery of the galena and silver in the +38¦m size range could be raised to that of the - 381Lm size range, galena recovery would rise from 78% to 86% and silver recovery would improve from 46% to 59%. The Pb grade of the final concentrate would remain the same.

Jan 1, 1988

Permian ultramafic and associated rocks form a belt in East Nelson and contain widespread, but minor, chromite and copper mineralisation and some mining was carried out last century. Since mining ceased, about 1910, little mapping of the belt has been carried out although its origin has been debated vigorously. Recently it has been inferred to form part of a ophiolite sequence, which has been tectonically disrupted to form a melange, and several 'plate -tectonic' models have been proposed. Mapping in the central part of the belt has shown that mTlanges are to the east of the ophiolite sequence. Faulting is widespread so that in anyone section part of the sequence may be absent. Some of the faulting is difficult to recognise and probably took place during or soon after the sequence accumulated. Other faulting is clearly of Cenozoic age and includes major NNE striking faults, with large horizontal displacement, and approximately east-west striking faults with almost entirely vertical movement. The writer agrees that 'plate tectonics' could provide an acceptable explanation for the origin of the ophiolite sequence but the models so far proposed do not take into account the nature and field relationships of the rock units present. Copper Mineralisation is largely controlled by the younger faults, particularly those striking about north-east, and is largely confined to the western part of the ultramafic rocks particularly where slivers of the volcanics of the adjacent Lee River Group are enclosed. Mineralisation, along NNE striking shear zones, has recently been found in the volcanics some distance from the ultramafic rocks. The chromite mineralization is in the form of primary layering in the basal part of the ultramafic belt although in places it has been concentrated into lenses probably during serpentinisation.

Jan 1, 1977

By W Stange

Assessing the risks in a mining project is a key aspect of project evaluation. This is an exacting and demanding task because of the complexity due to the need to deal with uncertainty over long time periods. The way risks are assessed and managed is critical to the long-term success of the projects and the business. Discounted cash flow (DCF) analysis is commonly used for project and risk evaluation. A discount rate is selected that accounts for uncertainties in the cash flows. However, it is difficult to determine an appropriate discount rate due to the large number of factors that need to be considered and the complex relationships between risk sources. Using a proven framework, ævalue at riskÆ (VaR), this paper proposes to rigorously model and quantify ærisk at sourceÆ. The approach was first employed to assess financial market risks and is now widely used in the banking sector for risk assessment. In project evaluation, all risk sources are identified and estimated separately to ensure the overall project risk is quantified accurately. A bottom-up approach has been proposed. Estimates are first carried out for risk factors at the bottom of the project structure. The assessment is then applied at increasingly higher levels until the overall project risk is estimated. Value at risk is a versatile methodology and can be used in a local or integrated manner. The final value is objective and the calculation steps can be easily justified and followed. Four case studies have been included to illustrate how the proposed approach can assist management in decision-making.

Jan 1, 2009