Member Info for schlemiel

Senior Geotechnical Engineer
8 JUN 2020

Overview

We are seeking a Senior Geotechnical Engineer to provide internal geotechnical support for current operations and studies into the design of future block cave projects.

You will be responsible for geotechnical activities that are associated with existing underground mining operations, and growth caving projects at both green and brownfield sites. Along with mergers and acquisition projects, you will also be required to:

CONT............

https://www.newcrest.com/careers/current-opportunities?job=979118

Eric Nettleton

Newcrest Mining : Head of Automation : 2019 – Present (1 year)
Melbourne, Australia

A new head of automation (well, 12 months is nearly new). Someone with a specific remit. You can see the direction of travel

Gl - Not all reserves are created equally so in that respect the article is slightly askew. There's high margin reserves and then there's reserves whose margins fall away by degrees

the 'reserves base' figure is to a degree historical. Reserves aren't a static entity. They depreciate each day as ore is removed so a gold company can never remain complacent. They must replace their reserves at some point

that's my naive, ill-informed opinion

Thanks to the author, Taylor Dart, for a detailed analysis of NCM's Q3 results -

May 23, 2020

https://seekingalpha.com/article/4349728-newcrest-mining-digging-q3-results

it's

LSE won't allow CCC OOO CCC KKK

AHS = Automated Haulage System

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enuff from me..don't wanna bore people!

And its Han *******'s

https://www.seek.com.au/job/41292239?type=standout#searchRequestToken=cac48320-169e-43b2-b7f0-64d064455d23

EOI Trade Assistant (Drilling Experience) - Telfer 2 weeks on/off
Epiroc Australia -
Epiroc are involved with Newcrest at Telfer so they have a current working relationship

https://www.seek.com.au/job/41297023?type=standout#searchRequestToken=cac48320-169e-43b2-b7f0-64d064455d23

'This role will be a key participant in an international and ground breaking technology project at the forefront of the automation field. With a rapidly expanding portfolio of world-class automation projects, we have an opportunity for an AHS Maintenance Technician to join our Site Project Team.

This role will fast-track your career in the field of automation and will be a gateway to future automation projects across Australia and possible international opportunities.'

The above role is at Han****'s Roy Hill mine in the Pilbara but as you can see it does state ' a gateway to future automation projects across Australia'....

http://mrpc.aass.oru.se/projects/

AutoHauler

The aim of this project is to develop AI-based software tools for automated online Load-Haul-Dump planning in underground mines. The objective is to render mining operations more flexible and effective. This is achieved via a combination of automated planning, optimization and multi-robot coordination algorithms.

Funder: Vinnova, Strategic innovation program for the Swedish Mining and Metal producing industry (SIP-STRIM)

Partners: Örebro Unievrsity, Epiroc, Newcrest Mining Pty Ltd

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It's all speculation Paddy but with this project ongoing and with Newcrest popping over to Sweden to see it in action you would think this may be the way deep mining is heading

High grade.
70% of Havieron for a snip of a price
Low capex
Minimal time to get mining in operation
Low AISC
Upside to expand mineralisation at both Havieron and the surrounding licences.
Automation. Hi-tech. Increased efficiencies.
A new automated mine from scratch
No wonder Biswas is creaming himself

the wet dream of all mining company CEO

I bet the Havieron mine design will be based around automation. I bet Havieron will become one of the world's lowest cost operations using this form of tech -

https://www.epiroc.com/en-uk/customer-stories/2019/proof-of-concept-trial-with-newcrest-mining

July 2019

Proof of concept trial with Newcrest Mining

"As mines are getting deeper, and with escalating energy and haulage costs, mining companies must be constantly on the lookout for better ways to work."
- Tony Sprague, Group Manager Technology & Innovation, Newcrest Mining, Australia
Newcrest Mining in collaboration with Epiroc and Volvo are working on a potential new system of mining for safer and more efficient loading and haulage methods. In the beginning of June a proof of concept trial was held in Sweden at the Epiroc Kvarntorp mine and at SweRock’s Atle quarry that involved Newcrest, Epiroc and Volvo contributing equipment and personnel.

more -

https://www.oru.se/english/research/research-projects/rp/?rdb=p2102

Research Projects
Automated Planning and Coordination of Autonomous Haulers in Underground Mines

The aim of this project is to develop AI-based software tools for automated online Load-Haul-Dump planning in underground mines. The objective is to render mining operations more flexible and effective. This is achieved via a combination of automated planning, optimization and multi-robot coordination algorithms.
Collaborators - Epiroc, Newcrest Mining Pty Ltd,

Updated: 2020-02-24

Project information
Projekt Status

In progress 2020 - 2023
Contact - Federico Pecora

So this project is currently in operation..I bet it's rolled out at Havieron

The aim of investing is not to make money but to learn HOW to make money. Investing is a process and a learning experience. Learn to spot the signs of company failure and you'll avoid catastrophe. And by process of elimination you'll learn to spot the signs of company success.

https://www.michaelmccormack.com.au/media-releases/2020/5/22/transcript-interview-with-katie-woolf-mix-1049-darwin-22-may-2020

22-May 2020

''MICHAEL MCCORMACK

The Northern Territory is on the cusp of, you know, something really exciting, you've got everything up there. You've got a young population. You've got the ability to attract people there. Even, you know, housing and rental prices are, reasonable compared with some other areas in the nation. And there's so many good prospects. There's no reason whatsoever why the Northern Territory can't be a leader in this field. It should be. I think once we get the Territory's finances in order and I appreciate you've got an election coming up in August and that's going to be a chance for people to have their say. But the Northern Territory has got so much going for it. And you know that, that's why you live there.

KATIE WOOLF

Yeah, absolutely. Look, the thing I'm a bit concerned about though is, I read an article in the Australian Financial Review earlier in the week and they floated the idea of a $6 billion trans-Australia pipeline linking large gas fields off WA to the east coast. The idea has got a new lease on life under the Neville Power-led National COVID-19 Coordination Commission. The aim, obviously, of reviving gas-based manufacturing despite the serious doubts about its economics. Now, the Federal Government, I know, are still looking at WA to fill that space. But the Beetaloo Basin here in the Territory is obviously a very important one as well. I'm assuming that you can't really have two gas hubs. Which state are you going to go with?

MICHAEL MCCORMACK

Well, there's no reason why we can't. We need to harness all the resources we have got and I know the Resources Minister, Keith Pitt, is very conscious of exactly the potential that the Northern Territory has. Yes, Western Australia's gas fields and mining generally is probably more advanced than perhaps any other area in Australia, perhaps except for Queensland. But, you know, there's a willingness and a desire to, you know, explore and utilise the resources that we have. That's long been the case in Western Australia. That's why it is in the position it's in. But we need to do more. And that's not to say that we can't explore and utilise more gas fields and more mineral reserves in the Top End either. ''

Green - It is what it is but at least we can see the direction of travel and the road ahead is less congested today that it has been for many months. The economic destruction wrought by CV-19 has cleared the way for the development of Beetaloo and forced politicians into a corner and now have no choice but to exploit this most precious of resources. The stars are now aligning and both the NTG and Canberra are on exactly the same page

I do like this paragraph very much indeed. It does point to the scale of what may materialise

'Our members stand ready to invest hundreds of millions in exploring the NT's natural gas reserves, and many times that in bringing anticipated projects to full production,' Mr Knudsen said.

https://m.marketscreener.com/news/Gas-has-key-role-in-Territory-economic-recovery--30652838/

Gas has key role in Territory economic recovery - 22 May 2020

The Northern Territory's oil and gas industry has welcomed the announcement today by Chief Minister Michael Gunner of the formation of the Territory Economic Reconstruction Commission.

This Commission has been tasked with writing the roadmap for the Territory's recovery from the impacts of the COVID-19 pandemic.

Natural gas is already a key contributor to the Northern Territory's economy and Darwin hosts two major liquified natural gas export facilities.

Gas from both offshore and onshore sources has provided over 90% of the Territory's electricity supply for many years.

There is also the potential for new onshore projects, such as the Beetaloo Basin, to power further growth and contribute to the economic recovery.

APPEA's Northern Territory Director Keld Knudsen said successful exploration, appraisal and development of these resources could provide significant benefits of jobs, local business opportunities, new value-adding industries, infrastructure and community investment for decades to come.

'Our members stand ready to invest hundreds of millions in exploring the NT's natural gas reserves, and many times that in bringing anticipated projects to full production,' Mr Knudsen said.

'We look forward to engaging with the commission and the Government on the recovery and creating new opportunities for the Territory.'

https://business.nt.gov.au/__data/assets/pdf_file/0005/885389/territory-economic-reconstruction-commission-terms-reference.pdf

'The Commission will provide a final report to the Chief Minister in November 2020 recommending specific initiatives and structural reforms that will drive reconstruction of the Territory economy by enhancing its competitiveness as a destination for private investment, such as:

New policy settings–approaches to streamline the development of critical industries, including options to secure long term domestic gas supply, land development and new sustainable industry

The leaked NCCC report from Canberra's COVID-19 recovery taskforce recommendations, of yesterday, suggest spurring Beetaloo development, and that Geoscience Australia could play a role in partnering with explorers, and a pipeline could be a key piece of infrastructure.

The Territory's quarterly fiscal report shows a deficit of $540 million.

As part of the government's recovery plan post COVID-19, it had brought forward $11.79 million worth of funding for oil and gas explorers and producers to encourage investment.

The cash will be made available through the Strategic Regional Environmental Baseline Assessment program.

Treasurer Manison said the costs would be "recouped through cost-recovery arrangement with industry."

Manison said the wad of money would provide "funding certainty" for the oil and gas industry.

She also noted the government remained committed to implementing the Hydraulic Fracturing Recommendations from the scientific inquiry into fraccing which led to the lifting of the fraccing ban in the NT.

end

https://www.energynewsbulletin.net/on-the-record/news/1387470/northern-territory-to-cut-red-tape-for-gas-development

On Friday, the Territory government announced a new Economic Reconstruction Commission, headed up by leading business figures, to slash red tape, create jobs, attract investment, and strengthen ties with trading partners.

Martin Parkinson, a former secretary of the federal Department of the Treasury between March 2011 and 2014 will head up the commission.

He will be joined by Infrastructure Australia CEO Romilly Madew, former Westpac chief Gail Kelly, renewable energy expert Eytan Lenko, former Territory chief minister Paul Henderson and the former leader of the opposition Gary Higgins.

Incidentally, Eytan Lenko appeared on the ABC Thursday night claiming that "gas was not the answer" to an economic recovery. This obviously flies in face of the Northern Territory government's position.

The Commission will work under a scope outlined in the government's ‘Operation Rebound' green paper.

In the paper the government signaled it would streamline development of critical industries, with a focus on "secure long-term domestic gas supply."

"The new economic circumstance has threatened delayed opportunities for greater development in some core sectors such as tourism and onshore gas," the government said.

It comes as LNG exports to Japan fall to decade lows and Australia-China relations waiver in the face of an independent inquiry into the outbreak of COVID-19.

"While economic activity and employment levels began to grow towards the end of 2019, the combination of travel restrictions and a collapse in oil and gas prices has delayed anticipated growth in key prospective sectors."

In the Territory, the resources sector has suffered a 9.3% decrease in employment between March 14 and May 2, according to the NT Department of Treasury and Finance, a mix of both COVID-19 restrictions and general economic concerns to blame.

Over the coming months the Territory government will support gas explorers "innovate and adapt to new market conditions."

Exactly what these reforms will be rests at the feet of the new commission to work out.

However, the government noted that it would try and expand its gas resources for other uses rather than just LNG exports.

"Gas can not only be utilised to expand our LNG production capability, it can be a key industrial input for a variety of petrochemical products that can then be transformed into advanced manufactured productions."

The Gunner government said it would look to use its "new onshore gas and large scale solar generation" projects to push a manufacturing hub in the Territory.

The greenpaper specifically named Darwin as the home for an "advanced industrial cluster."

The announcement of the new commission for economic recovery comes just a week after the Territory threw nearly $12 million at the oil and gas sector in the hope it could help fast-track onshore gas exploration.

cont.....

that's a mess...

Yes, the CV-19 issue has perversely injected a greater degree of urgency and importance to the development of Beetaloo. There's another article from today -

https://www.energynewsbulletin.net/on-the-record/news/1387470/northern-territory-to-cut-red-tape-for-gas-development

22 May 2020 - Paul Hunt

On Friday, the Territory government announced a new Economic Reconstruction Commission, headed up by leading business figures, to slash red tape, create jobs, attract investment, and strengthen ties with trading partners.

Martin Parkinson, a former secretary of the federal Department of the Treasury between March 2011 and 2014 will head up the commission.

He will be joined by Infrastructure Australia CEO Romilly Madew, former Westpac chief Gail Kelly, renewable energy expert Eytan Lenko, former Territory chief minister Paul Henderson and the former leader of the opposition Gary Higgins.

Incidentally, Eytan Lenko appeared on the ABC Thursday night claiming that "gas was not the answer" to an economic recovery. This obviously flies in face of the Northern Territory government's position.

The Commission will work under a scope outlined in the government's ‘Operation Rebound' green paper.

In the paper the government signaled it would streamline development of critical industries, with a focus on "secure long-term domestic gas supply'

"The new economic circumstance has threatened delayed opportunities for greater development in some core sectors such as tourism and onshore gas," the government said.

It comes as LNG exports to Japan fall to decade lows and Australia-China relations waiver in the face of an independent inquiry into the outbreak of COVID-19.

"While economic activity and employment levels began to grow towards the end of 2019, the combination of travel restrictions and a collapse in oil and gas prices has delayed anticipated growth in key prospective sectors."

In the Territory, the resources sector has suffered a 9.3% decrease in employment between March 14 and May 2, according to the NT Department of Treasury and Finance, a mix of both COVID-19 restrictions and general economic concerns to blame.

Insight > On-the-record

22 May 2020
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Paul Hunt

Senior Journalist: Oil & Gas, Policy.
Paul Hunt



On Friday, the Territory government announced a new Economic Reconstruction Commission, headed up by leading business figures, to slash red tape, create jobs, attract investment, and strengthen ties with trading partners.

Martin Parkinson, a former secretary of the federal Department of the Treasury between March 2011 and 2014 will head up the commission.

He will be joined by Infrastructure Australia CEO Romilly Madew, former Westpac chief Gail Kelly, renewable energy expert Eytan Lenko, former Territory chief minister Paul Henderson and the former leader of the opposition Gary Higgins.

cont.........