Search Documents

New Zealand's Land and Income Tax Act 1954 contains unique incentives for companies engaged in mining certain specified minerals or petroleum. Sections 152 and 153 provide for the taxable income of such companies to be based not on profits made but on dividends paid to shareholders. A significant saving in tax results, particularly where profits are not distributed: but the Act attempts to ensure that undistributed profits are used for further mineral exploration and development. To encourage investment in the mining industry, persons taking up shares in a company mining for the specified minerals or petroleum are entitled to a one-third deduction in respect of monies paid on the shares and used by the company for its purposes; and company shareholders may make loans to the company and write-off such loans for tax purposes to an amount of up to half their taxable income. Maximum utilisation of the tax incentives calls for careful consideration as to whether a mining or petroleum company should be financed by way of loan capital or share capital.

Jan 1, 1971

The Australian Mineral Industry's growth in the last two decades is directly related to the skill and experience of its consultants in mining, metallurgy, geology, finance, management, marketing, and engineering. The role of mining consultants needs to be re-examined, so that the quality of the service they deliver will continue to be adequate for the 1990's. One means of this evaluation is by examining Case Studies in the strategies and difficulties of developing contract and entrepreneurial research.

Jan 1, 1986

By D E. Thorp

The mining and concentration operations of New Zealand Steel have been carried out initially from the Waikato North Head (WNH) deposit since 1969 and subsequently from the Taharoa deposit since 1972. Over the years the WNH operation has produced about 1.2 million tonnes of concentrate which has been converted into steel, while total exports to the Japanese Steel Industry from Taharoa reached five million tonnes in February of this year. Recent expansion plans both in domestic steel production and in the ironsand concentrate export market have made it necessary for the company to look closely at, among other areas, the mineral processing of the titaniferous ironsands in both deposits. This paper deals with the recent test work carried out at WNH and Taharoa on the use of the cone concentrator unit as a primary gravity concentrating unit ahead of the magnetic separation stages and as a cleaner concentrator following the primary magnetic separation.

Jan 1, 1977

Last September, when I was asked to prepare this paper, I was told the subject was "mining," a broad subject indeed! Rather than choose one of the many important technical and economic details which characterize mining today, I turned to a subject which fas- cinates me: mining's image. If we are to survive and prosper into the twenty-first century, and if industry and society are to continue enjoying the material benefits which flow from mining, we must address the melancholy fact that the general public at best does not understand mining, and at worst does not believe it is needed or deserves to continue. While my point of view is largely that of an American mining executive, I would hasten to point out that Homestake has participated in Australian mining for over three decades, and our subsidiary, Homestake Gold of Australia Limited, is now a major producer in this "lucky country." Does society need a viable minerals and metals industry? The answer is obviously "yes," so the challenge is to change some minds: not just those of the amorphous "public," but on a focussed basis targeting journalists, educators, TV commentators, politicians and opinion makers of all stripes (I thought of using "rifle shot" instead of focussed but thought that might be misconstrued). Along the way we miners must also look deeply into ourselves, our attitudes towards the society in which we function, and our willing- ness to change as well as to seek change in others. How did we become such bad guys? More than a century ago mining was not just accepted, it was even romanticised. In America, we had altered the time-honored concept of "Crown" lands into public lands made easily available to settlers pushing back the frontier. Miners even preceded the farmers and stockmen in what was perceived as nation-building, although by the 1890s there was a growing interest in conservation, especially the protection and management of forests and national parks. Even though emphasis was shifting toward government stewardship and away from trans- fer of public lands to private ownership, homesteading and mining were clearly recognised as valid uses requiring not just access, but security of tenure. Indeed, conservation as it was then understood implied management of the public domain as well as its protection. Initially this was no great problem to the U.S. mining industry, but as the nation grew and competing land uses became more important, conflicts began to appear, first over water rights and later over air quality and destructive mining practices. But these were local disputes rather than national issues, and two World Wars, the Great Depression and post-war reconstruction lulled our industry into thinking that nothing had really changed. After the storm began to break in the 1960s, the mining industry found itself confronted by a growing maze of complex and costly laws and regulations. It took us longer than it should have to realise that, in facing this challenge, we seemed to have lost the understanding and support of many of our legislators and a majority of the general public. For over 20 years now, since the first Earth Day in 1970, the U.S. Mining

Jan 1, 1991

The impact of computers on the mining industry has increased for the past twenty years in most parts of the world. The application of computers in the mining industry has been demonstrated in areas such as geological data analysis, ore reserve estimation, mine planning, and manpower training. There is also a general concern in this country regarding the computing background of graduating mining engineers from the Australian higher institutions of learning. This paper describes specific steps which have been taken at the Department of Civil and Mining Engineering, The University of Wollongong to provide adequate computing background to mining engineering graduates. Specific topics discussed include hardware and software available to students and how "computers" have been integrated into the mining engineering course.

Jan 1, 1986

Esso Australia Ltd. operates a large natural gas producing system in the Gippsland Basin, supplying gas to the Gas and Fuel Corporation of Victoria, the State Electricity Commission of Victoria and several industrial customers. Gas reaches the Longford processing plants from three offshore platforms via a network of large diameter pipelines, which must be protected against the formation of ice-like hydrates. When gas production commenced in 1969, methanol was used to inhibit hydrate formation in the offshore pipelines. However, later investigations showed that the methanol was causing excessive degradation of molecular sieve in the onshore gas-processing plants. (Molecular sieve is used to remove water and H2S from the gas prior to further processing to remove heavy hydrocarbons.)

Jan 1, 1982

By T King

This paper reviews the changes in the coal industry over the past 30 years and attempts to predict the trends over the next ten years. The last 30 years have seen a steady concentration of production into fewer, larger mines, which operate on 3: more continuous basis, and a major increase in productivity per employee. Coal exports have increased from zero to almost half the country's total production. As well as major changes in exploration and mining equipment and the increasing use of computer tools, the industry now operates in a relatively new regulatory and commercial environment.   Safety legislation now requires the writing and enforcement of policies and procedures by the mining companies, rather than adherence to inflexible regulations enforced by an Inspector. Accident rates have decreased dramatically. The transition from coal mining licences to permits, requiring landowner consent and resource consents, is well under way. Environmental controls are now an essential aspect of the industry.   Equipment suppliers now offer maintenance services, production guarantees and flexible financing.  Contract miners offer mine design and restoration as part of the contract. In a similar approach, Solid Energy now offer an ash disposal service and assistance with resource consents to their customers as well as investment in technology to ensure a consistent product to demanding specifications. Solid Energy has proposals for energy centres which install and operate the coal burning appliances and simply sell energy to the customers. The next 10 years should see an intensification of these trends of bigger mines, more exports and greater technology and a 'package' approach to customer service.

Jan 1, 1997

Most mining projects will involve some level of financial markets price risk. This is because commodities are generally traded in $US. The project will also incur costs in $A and if based in Australia will seek to generate a return in Australian dollars. Therefore the project faces commodity, foreign exchange and interest rates risk. As a business you may wish to maintain these risks within your business. However if the project requires financing to be provided then the financiers will want to ensure that there is a level of certainty attached to the cash flows to support the debt repayments. This is achieved by hedging the financial market risks. Traditionally the hedging process has been based on underlying assumptions within project models, which incorporate views on the direction of the underlying price risk. These views can be formed in an ad hoc manner. Gathering information from a variety of sources including economic forecasting and modelling, technical analysis, seeking market expert views. However, given the historical accuracy of such forecasts locking into long-term fixed hedging arrangements can create an inflexible environment that can restrict the opportunity to benefit from the underlying volatility of financial markets.

Jan 1, 2003

There is growing acknowledgement that successful organisations, including mining companies, achieve their competitive advantage by better managing their employees, customers and other stakeholders. The fact that I have been asked to address this conference is perhaps evidence of the recognition of the importance of ensuring the improved management capabilities of the personnel within Australian mining companies. As many of you will be aware, prior to my appointment to the role of President of Minera Alumbrera Limited (MAA), the operator of the Bajo de la Alumbrera project, my career had been more generally focussed on industrial relations and human resources management. My appointment was met by surprise in some quarters, as it is unusual for a person without the technical background of a mining discipline to manage a world-class mining operation. However, it was recognised early in the life of the Alumbrera project that the operation did not lack technical expertise or a committed workforce; rather what was required was innovative management of the project and its operational resources, particularly given that we were operating with totally ægreenÆ workforce in a country without a large-scale mining culture. It is my experience that a particular shortcoming of mining companies is that they have tended to ægrowÆ managers based on their technical expertise rather than people management skills. Historically, many companies have assumed, or at least hoped, that their better technical people would develop the requisite skills to take on the challenges of management. Such philosophy has not always met with success. Whilst the topic for my presentation was originally published as People in the Mining Industry, within the context of the overall theme for this plenary session, People: Education for the Future, it is a subject with an extraordinary breadth of possibilities for discussion. Therefore, I have chosen to redefine my presentation to People Management Issues in Offshore Mining Projects,an issue which I consider to be an important area within the overall topic and one which has particular currency given the increased tendency by Australian miners towards offshore exploration. It is also relevant from the perspective of continued rationalisation of our industry, the recognition that there will be more large-scale, global corporate mining entities and that significantly more mining professionals will become æcitizens of the worldÆ. We therefore need to prepare our future leaders for these challenges. The topic also allows me to highlight the importance of an holistic management approach as the establishment of a new project in a foreign environment puts into stark relief the need for the application of the full range of competencies, rather than the narrow ætechnicalÆ approach to doing business. I hasten to add, however, that the mining industry is not alone in this regard and I was interested to read an article in the Weekend Australian of 22/23 January 2000, which reported on the first key speech of former Westpac CEO, Bob Joss, as Dean of the Stanford University Graduate School of Business. He said: à We know that when our students go out into the world, if they have to struggle, it will not be because theyÆre not smart enough, or they donÆt have enough good ideas. It will be because they struggle over managing themselves and their relationships to other people. The article then went on to say that Bob Joss foreshadowed an initiative to build alliances between the Business School and other Humanities departments within Stanford University to draw on their learning. Other business schools have also recognised this need, albeit somewhat late in the day, as have the most enlightened of modern corporations; in summary, successful businesses have recognised that in an age where competitive advantage through, for example, technological breakthroughs is very short-lived, it is the quality of management that will provide the leading edge. By using the Alumbrera project as a case study, I will identify certain of the challenges with which companies and individuals may be confronted in the establishment of a greenfields project outside Australia. However, many of the issues raised will have direct application in the context of the development of an Australian operation. My objective is to provide an indication of areas which should be considered at the formative stages of a projectÆs development, with particular focus on the issues of people management. I would expect that such a study would be of benefit to companies, education institutions and individuals in preparing themselves for similar experiences.

Jan 1, 2000

By Van Barnefield J G

This paper is based on an evaluation project engaged upon jointly by Mount Isa Mines Limited nnd" IBM Austra]ia Limited. Mount Isa Mines Limited produces most of its copper from large underground open stopes within massive orebodies. Variations in the position and shapes of these stopes can result in improved metal recovery. An interactive graphics system has been developed to assist the mine design engineer optimise his design. The system can assist the engineer throughout the orebody visualis- ation, initial design and optimisation phases of his design. At any stage the engineer may call upon the display of gridded mesh data, digitized ore outlines or existing stopes or development (drives, cross-cuts). This information may be viewed in plan or any vertical section or in three dimensions with rotation. Tonnage and grade calculations may be quickly performed for initial stope outlines or for modifications to them during the optimisation phase. The system design is highly modular. An array of functions for the manipulation of coordinate and line information may be linked with the development or stope design functions in whichever way the designer desires.

Jan 1, 1977

A wide variety of process streams are sampled for grade control in the mining industry. However, in many instances the overall precision of the resultant analyses is inadequate for the intended purpose, ie grade control and optimisation of resource utilisation. Consequently, special attention needs to be given to the sampling, sample preparation and analysis procedures in place to ensure that meaningful grade control decisions can be made based on the analyses generated. For example, it is virtually impossible to control a process to within, say, ¦0.2 per cent if the overall precision of the analyses is no better than 0.5 per cent. Hence, precision targets appropriate for the task need to be established and the overall precision achieved in practice monitored and controlled on an ongoing basis.

Jan 1, 2008

Mines in the future deliver a paradigm shift in the way mining, material handling and processing are performed, unlocking significant value through production efficiency, flexibility and lower costs and enabling substantial safety and environmental benefits (V Schweikart). Mines in the future are highly productive, with low production costs and are significantly safer. They operate with a skeleton crew and use intelligent systems that fuse information from field instrumentation and other sources to generate the most efficient operating environment. Automated systems are seamlessly integrated across the mine and across the corporate enterprise. Geological models, long-term and short-term plans create optimised production schedules, suitably generated by the mine simulator. Production schedules are shared with the operations management system for deployment mainly by remotely operated and autonomous equipment. As the schedule is implemented, information is collected and shared with various plans, schedules, models and optimisation programs. This production environment is managed in real time from a æCentral Operations CentreÆ and it is visible across the business providing fast and accurate information about productivity, machine condition and environmental conditions. Central Operations Centres also house teams of subject matter experts that monitor and manage the mines and are able to communicate directly with the skeleton crew in the field. Constraints across the production line are displayed and managed appropriately from this location to maximise throughput. Maintenance is interactive and predictive. Reliability specialists in Central Operations Centres monitor the status of machinery and equipment and adjust maintenance plans and strategies to suit. Mining businesses rely heavily on knowledge workers û people with considerable knowledge and learning û and by manual workers. This new knowledge workforce is a team of associates rather than of bosses and subordinates. Field experts become leaders with tremendous autonomy regarding their work. The former line hierarchy becomes a support structure, intervening only in extreme emergencies; instead of giving orders, they are now removing barriers, expediting resources, conducting studies and acting as consultants.

Jan 1, 2009

By G Gibson, B Bessen

In coal preparation, large dense medium cyclones (DMC) at low pressure heads (typically 9D where D = cyclone diameter) are the norm. This contrasts with high density mineral applications where, largely for historical reasons, smaller cyclones at high heads are the standard. There are advantages in preferring large diameter cyclones at low heads, assuming that metallurgical performance does not suffer significantly. These include simpler plant layouts, easier maintenance, smaller spares inventories, reduced wear, reduced medium pumping demands, smaller buildings and overall lower capital and operating costs. In 2008, therefore, Xstrata Zinc decided to trial a single DSM-design 800 mm cyclone in one of its four DMC lines at Mt Isa, replacing the four 400 mm cyclones previously installed. Circumstances allowed a low head of 9.5 D to be trialled, compared with the existing 400 mm head of 21.5 D. This paper describes the trial, including tests using painted ore particles as tracers, estimates of yield and metal recovery, and wear monitoring. The larger unit performed well. There was no evidence that metallurgical performance in terms of metal recovery and waste reject rate suffered, and there was some evidence that it may have improved. Cyclone life increased, and preliminary data suggest that the replacement cost of the 800 mm cyclones is less than half that of the 400 mm units, and this is expected to improve. The plant layout and operability have also improved significantly. Xstrata has therefore decided to convert the whole plant to four low head 800 mm units, replacing the original 16 high head 400 mm units. The paper includes an explanation of the effect of static head on DMC separating force. It also reviews earlier research on diamond applications, and applies a general DMC process model to the Xstrata case, both of which confirm that large, low head cyclones are appropriate in mineral applications, contrary to conventional practice. Such units could significantly reduce both the capital and operating costs of DMC plants in mineral applications.

Jan 1, 2009

By d&apos, Alton AJ, Rigden DT

Modern petroleum refining offers a complexity of environments, each requiring different metals for the satisfactory performance of-the various sections of the refinery, and this paper first outlines the varied enva.x¦on-ments thus met.It follows that the metal types in use will also vary to suit each particular environment, and the paper' consequently covers the use of ferrous-metals, ranging from plan carbon steels to the high alloy types and the non-ferrous metals, particularly copper and its alloys.The failures of some,of these metals and alloys are then illustrated by experiences it Kwinana. These failures are duo to (a) corrosion, (b) erosion, (c) faulty welding, and (d) mechanical defects,' of which the first is by far the most prevalent. The protective measures taken to prevent subsequent failures are then given under one or other of the following headings :(1) alterations in process conditions, (2) the use of alternative ,alloys,(3) suitable heat treatment, (4) redesign of the failed section, (5) cathodic protection, and (6) use of corrosion inhibitors.Reference is then made to the use of specialised metals and alloys.Metals, generally in the form of oxides or salts, are also used as catalysts in refining processes. Activated alumina is used, combined with silica .forScracking' of heavy oils, and as a support -for platinum, cobalt, molybdenum, nickel and similar metals, which catalyse hydro-genation and dehydrogenation-processes. .In the final formulation of petroleum products metallic compounds may be added. Reference is made to the large quantities of lead used by the petroleum industry and to the use of metallic soaps and detergents in the formulation of lubricating oils and greases.

Jan 1, 1962

Gas well tests were performed on 17 wells in the Roma area. The procedure used in the test programme incorporates an initial isochronal test followed by what is described as the "two flow drawdown" technique. The second flow of the two flow drawdown test was conducted for sufficient time to allow transient investigation of the surrounding reservoir. This combination of tests allows the evaluation of stabilized production capacity in addition to the determination ,of several important reservoir characteristics.It also provides a qualitative indication of reserves, by reflecting the presence or absence of reservoir boundaries within the drainage area affected during the test.

Jan 1, 1968

Much of New Zealand is comparatively young geologically in the sense that it has only recently been uplifted. In many places young marine sediments are to be found at high altitudes, as evidenced by the existence in the North Island of Pliocene shell limestones which form prominent escarpments at altitudes of about 3000 ft. inthe central part of the Island, and remnants of the same formation found on the summits of the northern Ruahin.e Range at altitudes greater than 4000 ft.

Jan 1, 1962

By A L. Withy

This paper is intended as a review from a planner's viewpoint, of the relationship between town and country planning, a primarily government activity, and the minerals industry, which, with the exception of coal, is a largely private enterprise activity. The paper first considers the nature of the system of planning in New Zealand, and the objectives sought by planners in relation to minerals are discussed. The reasons why these objectives are not generally being achieved are investigated. A final section deals with the gap between objectives and achievement, and suggests a number of ways in which this gap may be narrowed.

Jan 1, 1976

By Morrison R

Optimisation has two distinct applications in the concentrator ò the first is in the area of the flowsheet and the operating parameters of the various unit operations ò the second is associated with the higher levels of process control. The Plant Metallurgist is faced with a library of complex theories relating to optimisation. The practical reality of optimisation lies in a combination of steady state simulation to ensure that the process route will permit maximum productivity and an appropriate process control system which will permit achievement of the production and quality objectives.

Jan 1, 1991

By Bangerter PJ

The use of gravity concentration is, and has always been, the conventional primary method for gold recovery from alluvial deposits. The development of high capacity cone concentrators and metallurgically efficient wash-waterless spiral separators has had some impact in the technology for alluvial gold processing, but perhaps more significantly has led to the relatively recent use of this gravity concentration technology in grinding circuits of hard rock ore for "coarse" gold removal and for scavenging gold locked in sulphides from cyanidation tailings streams.Gravity concentration systems are relatively low-cost, non-polluting and energy efficient; and their judicial use in gold treatment plants can significantly reduce overall capital and operating costs.The application of modern gravity concentration technology to hard-rock and alluvial gold ore treatment is discussed. Flowsheets and test and operating data from a number of gold processing operations incorporating gravity concentration treatment are presented.

Jan 1, 1984

An on-stream iron ore analyser has been developed in collaboration with Hamersley Iron Pty. Limited for determining the iron content of both lump (- 30 + 6 mm particle size) and fines (- 6 mm particle size) on conveyor belts. The analyser, which is called IRONSCAN, is based on pair production, and is now commercially available from Mineral Con- trol Instrumentation Limited (MCI) in Adelaide. It can be mounted under existing conveyor belts with minimal modifications to the conveyor struc- ture, and the presence of steel cables in the belt does not interfere once the analyser has been correctly calibrated. The analyser has been exten- sively tested on both lump and fines on the shiploading conveyor at Damp- ier, and typically the root mean square (r.m.s.) deviation between single IRONSCAN measurements and conventional chemical analyses is better than 0.5% Fe. It is currently being evaluated on - 150 mm ore from the primary crusher at Mount Tom Price, and initial results are encourag- ing. The principal advantage of IRONSCAN is that it provides rapid infor- mation on ore grades. But perhaps its greatest potential is at the primary crusher where conventional sampling and analysis is very expensive to Implement. at the University of Melbourne, and those of us who were his students had learnt of the application of physical chemistry to pyrometallurgical processing, pioneered by Chipman in the USA, Wagner in Germany, and Richardson in the UK. It was possible, by applying this theoretical insight to the equilibria between metal, speiss or Legierung, matte and slag phases, to find a practical and effective way to recover metal values in some residues which had been accumulating for many years at the NA, but which had defied all attempts to treat them to that date. There was also an opportunity to study the batch lead refining methods still in use at all lead refineries apart from Port Pirie, and to devise optimis- ing techniques which greatly improved the operations and effected considerable savings. Next the writer spent some six years alternating between the BHAS, Port Pirie, and Imperial Smelting at Avonmouth in the UK, concerned with lead or lead-zinc smelting, and the develop- ment of several further continuous lead refining processes, before returning to Australia as Section Leader, Process Development in the CSIRO Division of Chemical Engineering, Fisherman's Bend, Victoria. Metallurgical opportunities which arose during this last period included the problem of tin smelting which had developed over about a decade: the world's tin smelters had been accustomed to treating fairly high grade tin concentrates, con- sisting of almost pure cassiterite, with very little impurity-mostly quartz, limestone, iron oxides, and sundry other silicates. Most such concentrates had been produced from alluvial deposits, where nature had already done some of difficult part of the mineral processor's work-at who knows what recovery-so that he could now produce high grade concentrates at high recovery. The smelters were not really set up for the treatment of lower grade concentrates, such as could be made with reasonably high recoveries from rock mining. Thus they imposed such penalties on impurities and lower than desired tin grades, that whenever a mineral processor improved tin recovery at the expense of lower- ing grade, such an improvement entailed a lower financial return to the miner. There was clearly a need for improved understand- ing of tin smelting, (at that time shrouded in secrecy) and develop- ment of techniques better suited to the treatment of lower grade concentrates. As well as the practical development, a start was made with the computer modelling of the smelting process, with the obiect of optimising the process parameters.

Jan 1, 1988