Mining venture risk: novel econometric methods to integrate joint financial and geological uncertainty into dynamic risk forecasting measures. The mining industry is nationally important: it contributed $33,927M to Australia's GDP in 2002-3. This project's outcomes - sophisticated statistical and econometric tools - will significantly improve capability for forecasting overall risk to mining projects requiring vast upfront, irreversible investments, and contribute to its efficiency and internati ....Mining venture risk: novel econometric methods to integrate joint financial and geological uncertainty into dynamic risk forecasting measures. The mining industry is nationally important: it contributed $33,927M to Australia's GDP in 2002-3. This project's outcomes - sophisticated statistical and econometric tools - will significantly improve capability for forecasting overall risk to mining projects requiring vast upfront, irreversible investments, and contribute to its efficiency and international competitiveness. Innovative methods driven by data from complex financial and geological systems will integrate price volatility risk and orebody uncertainty in a real options framework, providing holistic, rigorous measurement of mining venture risk. Xstrata Queensland Ltd will strongly support and participate in research training of an identified candidate to deliver discoveries to the wider industry.Read moreRead less
The Influence of particle shape fragmentation and compaction on 3D hopper flow. According to world-leading material scientist Patrick Richard, "Granular materials are ubiquitous in nature and are the second-most manipulated material in industry (the first one is water)". Our research will produce massive three dimensional computer simulations predicting and analysing the influence of particle size and shape on the morphology of industrial and natural granular flows. The results will have directl ....The Influence of particle shape fragmentation and compaction on 3D hopper flow. According to world-leading material scientist Patrick Richard, "Granular materials are ubiquitous in nature and are the second-most manipulated material in industry (the first one is water)". Our research will produce massive three dimensional computer simulations predicting and analysing the influence of particle size and shape on the morphology of industrial and natural granular flows. The results will have directly and immediately relevant applications in a range of Australian industries, including mass mining and minerals processing and will further make a major contribution to understanding and modelling a variety of geo-hazards.
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