A Mathematical Approach to Flexible Management of Open Pit Mines with Uncertain Geology and Unpredictable Demand. This project will create new mathematical algorithms to flexibly manage open pit mining projects. The development of strategic plans for mining operations is a highly complex task, based on incomplete geological information and uncertain future commodity demand. The smart mathematics we create will allow Australia to capitalise on upturns in international demand, while limiting unavo ....A Mathematical Approach to Flexible Management of Open Pit Mines with Uncertain Geology and Unpredictable Demand. This project will create new mathematical algorithms to flexibly manage open pit mining projects. The development of strategic plans for mining operations is a highly complex task, based on incomplete geological information and uncertain future commodity demand. The smart mathematics we create will allow Australia to capitalise on upturns in international demand, while limiting unavoidable negative outcomes, by flexibly adjusting the mining operation to prevailing geological and economic conditions. Australia's mineral exports are worth over $50b annually to the Australian economy. Our techniques will better manage Australia's mining projects and capture new, emerging markets, significantly impacting on Australia's balance of trade.Read moreRead less
Automated On-Line Analysis and Contaminant Detection in Mineral Ore Processing. On-belt analysis is a key to efficient functioning of several
industries involved in the mining and use of minerals. It provides
chemical analysis of the minerals as they run through the instrument
on a conveyer belt. It permits quality control and detection of
impurities. The Scantech on-line analyser is at the forefront of this
technology. Our aim is to produce novel techniques to significantly
improve and m ....Automated On-Line Analysis and Contaminant Detection in Mineral Ore Processing. On-belt analysis is a key to efficient functioning of several
industries involved in the mining and use of minerals. It provides
chemical analysis of the minerals as they run through the instrument
on a conveyer belt. It permits quality control and detection of
impurities. The Scantech on-line analyser is at the forefront of this
technology. Our aim is to produce novel techniques to significantly
improve and make more efficient the processing of data from the
analyser. A particular focus will be quicker and improved calibration
of the instrument. These techniques will increase the accuracy and
speed while reducing the costs of such analysers, thus retaining and
enhancing their competitiveness in the global market.
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Understanding cycles in mineral commodity price, a market model with uncertainty. Mining accounts for more than 8% of Australia's GDP, and almost 50% of Australia's total merchandise exports. Understanding phenomenological mechanisms for price fluctuations and using our dynamic price model can help determine better timing of investments in mining infrastructure. This knowledge will help Australia benefit from the upside of commodity 'cycles', super or not. The market model that will be develope ....Understanding cycles in mineral commodity price, a market model with uncertainty. Mining accounts for more than 8% of Australia's GDP, and almost 50% of Australia's total merchandise exports. Understanding phenomenological mechanisms for price fluctuations and using our dynamic price model can help determine better timing of investments in mining infrastructure. This knowledge will help Australia benefit from the upside of commodity 'cycles', super or not. The market model that will be developed in this project can be used to assist in better planning for commodity cycle upside, improving the overall efficiency of capital utilisation in the long term.Read moreRead less
Global Lithospheric Architecture Mapping II. The continents have been rifted, or broken up, and collided, or re-assembled, along major zones of weakness many times throughout Earth's history. Boundaries between such continental domains focus large-scale movements of fluids that can produce giant ore deposits. This study will provide new perspectives on the localisation of world-class economic deposits, the Earth resources on which society depends. Innovations in imaging the deep Earth beneath co ....Global Lithospheric Architecture Mapping II. The continents have been rifted, or broken up, and collided, or re-assembled, along major zones of weakness many times throughout Earth's history. Boundaries between such continental domains focus large-scale movements of fluids that can produce giant ore deposits. This study will provide new perspectives on the localisation of world-class economic deposits, the Earth resources on which society depends. Innovations in imaging the deep Earth beneath continents, and in numerical modelling, will maintain our high international profile in research relevant to National Priority 1.6 (Developing Deep Earth Resources). Unique 3D geological maps of regions down to 250km will make the composition of deep Earth regions newly accessible to geoscientists and all potential endusers.Read moreRead less
Rapid approximate imaging of electromagnetic data acquired using multichannel distributed acquisition systems. This project will investigate techniques for rapid, multidimensiuonal imaging of electromagnetic data acquired using modern multichannel distributed acquisition systems. This research will provide high-resolution images of buried ore deposits at greater depths than is possible using current instruments and processing techniques.
The early tectonic evolution of the Curnamona Province. This project aims to test the hypothesis that the Curnamona Province preserves evidence for an extension-related structural geology architecture. This will allow a comparison of the basin evolution, crustal architecture and mechanisms of basin development between the Curnamona Province and well-understood basins of the Mount Isa Inlier. The project is expected to add value to pre-existing databases, and deliver a plate tectonic and str ....The early tectonic evolution of the Curnamona Province. This project aims to test the hypothesis that the Curnamona Province preserves evidence for an extension-related structural geology architecture. This will allow a comparison of the basin evolution, crustal architecture and mechanisms of basin development between the Curnamona Province and well-understood basins of the Mount Isa Inlier. The project is expected to add value to pre-existing databases, and deliver a plate tectonic and structural framework to interpret basin evolution and constrain geochronology/geochemical analysis, and develop a three-dimesional crustal architecture. The results will provide new constraints on the evolution of the Australian plate, and how the Australian crust has evolved.Read moreRead less
Accurate calibration and interpretation of airborne electromagnetic data. There is increasing interest in using airborne electromagnetic (AEM) data to explore structural features hidden beneath the earth's surface. At present, 2D images of these features can be built up using approximate 1D models that predict electrical conductivity. This research will develop 2D models that allow accurate imaging of 3D structures. Applications include mineral and diamond exploration, the mapping of leakage fro ....Accurate calibration and interpretation of airborne electromagnetic data. There is increasing interest in using airborne electromagnetic (AEM) data to explore structural features hidden beneath the earth's surface. At present, 2D images of these features can be built up using approximate 1D models that predict electrical conductivity. This research will develop 2D models that allow accurate imaging of 3D structures. Applications include mineral and diamond exploration, the mapping of leakage from tailings dams, and more precise mapping of dryland salinity. The project also aims to develop a method to calibrate AEM systems, leading to more accurate environmental mapping and significant long-term economic benefits.Read moreRead less
Trace element analysis of diamond: new applications to diamond fingerprinting and genesis. The project will provide new insights into the processes by which diamond crystallises in the Earth's mantle. A better understanding of these processes can lead to improved models and techniques for diamond exploration, enhancing the prospect of finding new deposits in Australia and abroad. The project will test the potential of trace-element microanalysis to fingerprint diamonds by source. If successful ....Trace element analysis of diamond: new applications to diamond fingerprinting and genesis. The project will provide new insights into the processes by which diamond crystallises in the Earth's mantle. A better understanding of these processes can lead to improved models and techniques for diamond exploration, enhancing the prospect of finding new deposits in Australia and abroad. The project will test the potential of trace-element microanalysis to fingerprint diamonds by source. If successful, this technology will provide economic benefits by reducing theft and illegal mining, which represent significant losses to legitimate companies. Application of this Australian development could reduce the circulation of "conflict diamonds", which would have real social benefits worldwide, especially in some developing countries.Read moreRead less
Developing a new tectonothermal and mineralization history for the Capricorn Orogen, Western Australia: Assisting mineral exploration in greenfields terrains. Successful exploration models rely on the development of a reliable geological framework through which to understand the specific processes responsible for the formation of economic ore deposits. A framework cannot be constructed without robust age data. This Project will apply advanced geochronology, combined with regional- and deposit-sc ....Developing a new tectonothermal and mineralization history for the Capricorn Orogen, Western Australia: Assisting mineral exploration in greenfields terrains. Successful exploration models rely on the development of a reliable geological framework through which to understand the specific processes responsible for the formation of economic ore deposits. A framework cannot be constructed without robust age data. This Project will apply advanced geochronology, combined with regional- and deposit-scale field mapping, to formulate a new and improved stratigraphic and tectonic framework for a prospective greenfields region in Western Australia. Outcomes from this Project will lead to more effective exploration models and thereby better exploration targeting. Reducing uncertainty and risk in exploration is key to the discovery and development of deep Earth resources. Read moreRead less
Developing a robust model for pricing inter-related volatility-based financial derivative contracts. Volatility-based financial contracts were developed in the late 1990s to provide an easy way for investors to gain exposure to the future level of volatility and thus provide a means by which they could speculate on its future levels and also hedge unpredictable volatility risk. This would potentially save them from losing vast quantities of money. However these products can only be efficient pr ....Developing a robust model for pricing inter-related volatility-based financial derivative contracts. Volatility-based financial contracts were developed in the late 1990s to provide an easy way for investors to gain exposure to the future level of volatility and thus provide a means by which they could speculate on its future levels and also hedge unpredictable volatility risk. This would potentially save them from losing vast quantities of money. However these products can only be efficient products for trading and risk management if they are priced correctly. This project will benefit investors by providing empirically viable models that will be able to be easily implemented to provide accurate and fast pricing solutions.Read moreRead less