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By A. T. Robinson, J. E. Dorn

The electrical resistivities of aluminum alloys containing CU, Ge, Zn, Ag, Cd, and Mg were found to increase linearly with the atomic percentage of the solute atoms. Application of Linde's rule to these data suggests that each aluminum atom contributes 2.5 electrons to the metallic bond. ALTHOUGH aluminum invariably exhibits a Jt\. valence of three in ionic solids, it does not follow necessarily that its valence in the metallic state is also three. As a matter of record, many properties suggest that the number of bonding electrons in metallic aluminum is less than three. For example, as shown in Fig. 1, the atomic radii1 of the metallic elements in the solid state decrease with increasing atomic number at the beginning of any one period. The atomic radius of aluminum, however, is greater than that which would result from a regular decrease in atomic radius with increasing atomic number, suggesting that the number of bonding electrons in aluminum is somewhat less than three. Correlated with the anomalously large atomic radius of aluminum is its abnormally low melting temperature. As the atomic numbers increase in any one period, the melting temperatures of the metallic elements increase.' As shown in Fig. 2, however, the melting temperature of aluminum (13) is only slightly greater than that of magnesium (12). Again the number of bonding electrons in metallic aluminum appears to be nearer two than the expected value of three. In addition Ageev and Ageeva3 alculated the electron density distribution in the aluminum lattice. A comparison of such electron density curves for various assumed valence states of aluminum with experimentally determined curves suggests that the actual number of bonding electrons in metallic aluminum is between two and three. Hume-Rothery and Raynor', " have suggested that the above-mentioned abnormalities are associated with the overlapping of the Brillouin zones of metallic aluminum when it is in the usual face-centered cubic structure. The importance of the number of bonding electrons in metals has been extended recently into the field of mechanical properties. While formerly it was thought that the plastic properties of alpha solid solutions were primarily dependent upon the lattice strain induced in the solvent by the solute, it is now known that the difference in the number of bonding electrons of the solute and solvent also has its influence on the plastic properties."1' In order to achieve a satisfactory correlation of the effect of alloying elements on the plastic properties of aluminum alloys,"'T however, it was necessary to assume that the number of bonding electrons contributed by aluminum was about two rather than the expected value of three. It appeared to be desirable, therefore, to seek other criteria for evaluating the number of bonding electrons contributed by aluminum to its alpha solid solutions, especially in view of the practical as well as the theoretical importance of the effect of valency on the plastic properties. Norbury' was perhaps the first to illustrate that the increase in resistance of alpha solid solutions is associated with the differences in valence of the solute and solvent metals. In a series of illuminating investigations Linden-'' has shown that the electrical

Jan 1, 1952

By M. Gao

The Zinifex Century Mine employs a large number of Detritor mills for fine and ultra-fine grinding to liberate silica and sphalerite at 80 per cent passing 7.5 microns before final zinc flotation. A joint project between CSIRO Minerals and the Zinifex Century Mine was carried out to evaluate the Detritor mill performance. Plant surveys were conducted around the Detritors in conjunction with laboratory tests. The survey data showed that the Detritors in the ultra-fine milling circuit performed well. They reduced a feed F80 sizing of 46 microns to a product P80 sizing of 7.5 microns at a gross energy consumption of 37.2 kWh/t. Scale-up of ultra-fine milling Detritors was studied using a 0.55 kW laboratory batch unit and a 355 kW full-scale Detritor by processing Century zinc concentrate with 1 mm sand media. The results indicated that the 0.55 kW laboratory mill underestimated the energy consumption of the full-scale Detritor by about 20 per cent for a product P80 of seven microns. The performances of a horizontal IsaMill and a vertical Detritor were compared as ultra-fine milling devices for processing Century zinc concentrate. The experimental data demonstrated that, when using the same grinding media, the energy efficiency of the two mills is similar despite the difference in mill designs. The Detritors used for regrind duty at the Century Mine performed poorly when processing feed at 80 per cent passing 88 micron. The energy consumption was high and the product size distribution was broad with particles above 100 microns in the feed unbroken and particles below ten microns overground. A coarser ceramic media of 3 mm was therefore tested in a laboratory Detritor to process the regrind Detritor feed as an alternative to the 1 mm Colorado sand used at the Century Mine. The ceramic media reduced the energy consumption significantly and produced a narrower product size distribution, which is more desirable for the downstream flotation process.

Jan 1, 2007

By George B. Langford

The McIntyre mine is in the Pearl Lake section of the Porcupine gold area. The rocks are Keewatin lavas intruded by quartz porphyries and albitite dies of Algoman age. Gold-bearing quartz veins are found in the Keewatin rocks near the porphyry stocks. The whole area has been highly compressed by forces acting along a N. 20°W. line. These forces folded the Keewatin rocks before the intrusion of the Algoman rocks, and later schisted both the Keewatin and Algoman rocks. Vein fractures were developed after the folding but before the development of the schist by the compres-sive forces being locally broken up into couples. These couples were set up by the differential resistance to deformation of porphyries and basalts, and also by the competency of the dacites and incompetency of the tuffs and fragmental rocks. During the important period of vein formation, two zones were developed—an inner productive zone in which the quartz veins are ankerite-bearing and an outer barren zone in which the quartz veins are calcite-bearing. The vein solutions originated in the same magrna that supplied the albitite dikes. Introduction The McIntyre mine, in the Porcupine gold area of northern Ontario, has passed its twenty-sixth birthday and has been producing gold since early in 1912. During this time approximately ten million tons of ore has been mined and over three and a half million ounces of gold recovered. This amount of ore would be sufficient to fill 2300 standard railway freight trains, each of 100 cars, and the gold produced, although only equivalent to a cube 51/2 ft. to the side, would weigh approximately 100 tons, a load for three freight cars. Silver has been produced in the ratio of 1 oz. of silver to every 4.4 oz. of gold, so that the total silver recovery is in the neighborhood of 700,000 ounces. The early history of the mine, like that of many others, shows that for several years it fought an uphill struggle for existence. One of the important features in winning this fight was the early recognition of some of the geological conditions responsible for the ore deposits, and the application of this knowledge in the search for ore and in the acquiring of adjoining properties. As early as 1913—only two years after the mine was opened—a geological department was organiaed. It has functioned almost continuously since that date and has demonstrated the importance

Jan 1, 1941

By Christopher Phillips

In light of recent events in the mining industry, there has been an increasing demand for technology to detect underground voids and abandoned mine workings. This paper summarizes the use of geophysical methods for this application. Geophysical methods have been successfully employed in the detection of underground voids in several disciplines, including foundation analysis, road and infrastructure analysis, and darn analysis, but is not yet being widely employed by the mining industry. The principal reasons are that the combination of the complex geological setting of a mine, mine design, surface conditions, and improper choice of geophysical method often makes the task of locating abandoned mine workings with geophysics a frustrating, time consuming, and often unsuccessful venture. While there are several geophysical methods that have been demonstrated for the successful detection of abandoned mine workings, there is still no 'silver bullet' to solve the problem in every case. The choice of geophysical method to detect abandoned mine workings should be made on a site specific, and sometimes target specific, level. This paper reviews current methods, and introduces recently developed methods, for the detection of underground voids and abandoned mine workings.

Jan 1, 2003

By George B. Langford

The McIntyre mine is in the Pearl Lake section of the Porcupine gold area. The rocks are Keewatin lavas intruded by quartz porphyries and albitite dies of Algoman age. Gold-bearing quartz veins are found in the Keewatin rocks near the porphyry stocks. The whole area has been highly compressed by forces acting along a N. 20°W. line. These forces folded the Keewatin rocks before the intrusion of the Algoman rocks, and later schisted both the Keewatin and Algoman rocks. Vein fractures were developed after the folding but before the development of the schist by the compres-sive forces being locally broken up into couples. These couples were set up by the differential resistance to deformation of porphyries and basalts, and also by the competency of the dacites and incompetency of the tuffs and fragmental rocks. During the important period of vein formation, two zones were developed—an inner productive zone in which the quartz veins are ankerite-bearing and an outer barren zone in which the quartz veins are calcite-bearing. The vein solutions originated in the same magrna that supplied the albitite dikes. Introduction The McIntyre mine, in the Porcupine gold area of northern Ontario, has passed its twenty-sixth birthday and has been producing gold since early in 1912. During this time approximately ten million tons of ore has been mined and over three and a half million ounces of gold recovered. This amount of ore would be sufficient to fill 2300 standard railway freight trains, each of 100 cars, and the gold produced, although only equivalent to a cube 51/2 ft. to the side, would weigh approximately 100 tons, a load for three freight cars. Silver has been produced in the ratio of 1 oz. of silver to every 4.4 oz. of gold, so that the total silver recovery is in the neighborhood of 700,000 ounces. The early history of the mine, like that of many others, shows that for several years it fought an uphill struggle for existence. One of the important features in winning this fight was the early recognition of some of the geological conditions responsible for the ore deposits, and the application of this knowledge in the search for ore and in the acquiring of adjoining properties. As early as 1913—only two years after the mine was opened—a geological department was organiaed. It has functioned almost continuously since that date and has demonstrated the importance

Jan 1, 1941

By Richard F. Hinds, F. O. Reudelhuber

Application of the conventional depletion drive calculation methods to volatile oil reservoirs results in erroneous estimates of ultimate recovery. In view of the increasing number and importance of volatile oil reservoirs, a special technique has been developed which will result in more realistic predictions using laboratory data obtained from reservoir fluid studies of a specific type. The experimental data are designed to permit continuous material accounting and, therefrom, provide the hy-clrocarbon composition of both the flowing oil and gas phases. The resultant well-stream composition data are then used directly in surface recovery calculations utilizing equilibrium ratios. A step by step procedure, specifically designed for routine use by the practicing reservoir engineer, is presented in an appendix. An actual study performed on a deep Mid-Continent reservoir is used ay an il-lustrathe example. INTRODUCTION It has been a practice for many years to utilize the conventional ma- terial balance methods in conjunction with relative permeability concepts for the prediction of recovery from solution gas drive reservoirs.' Those who have performed such calculations recognize that compromises of several types are necessary in order to reduce the calculations to a reasonable degree of complexity. The most serious assumption involved results from the necessity of treating the produced oil and gas as separate fluids, independent of each other in their behavior. It is further assumed that the gas which is evolved in the reservoir as a result of pressure decline will not yield liquid upon the reduction of pressure and temperature resulting from production through surface equipment. Although these shortcomings have been recognized,' it has been difficult to attempt refinement of calculation procedures since the laboratory data available normally were not of the proper type or extent to permit such calculations. Three general procedures have been available for depletion drive calculations when laboratory fluid data are of the conventional type. Differential Procedure The most simple, and most widely used, method requires use of the formation volume factor and gas sol- ubility data obtained from a differential liberation performed at reservoir temperature. This procedure ignores the differences existing between the fluid behavior in the reservoir and its behavior as it is produced through surface separation equipment. The errors introduced are not serious when dealing with very low volatility fluids and this method may be utilized if the laboratory data indicate only slight differences between the differential data and the flash data obtained from separator tests. Modified Differential Procedure This method was developed when it became apparent that medium volatility fluids evidenced a wide difference between the flash and differential data. The differential data are adjusted by changing from a residual oil basis to a stock tank oil basis. All that is required is multiplication of the differential data by the ratio of residual oil to stock tank oil relative volumes existing for the original reservoir fluid at the determined saturation pressure. This procedure generally results in increased calculated ul-timate recovery; however, such results should be viewed critically. Upon examination it may become apparent that the results are influenced by errors in reservoir liquid

Jan 1, 1958

By D. Buranek, J. G. Wulff, F. W. Gifford

I. INTRODUCTION During the past few years, the state of the art of disposal of solid and liquid waste products from uranium mining and milling operations has experienced some rather interesting and significant changes. Some of these changes have resulted from technological advances in the milling operations and in the engineering aspects of the actual design and construction of the disposal facilities. However, the most significant changes, at least those which have had the greatest impact on the comparative cost and economics of modern disposal systems, have been environmental requirements and regulatory controls, which have become increasingly stringent in recent years. Without delving into the details of the myriad of new laws and regulations which now control the uranium industry, it can be stated with reasonable confidence that one of the principal purposes of more rigid state and federal controls over this industry is the basic desire to promote safer, more reliable and longer term means of effectively controlling and disposing of the potentially objectionable waste products resulting from uranium mining and milling operations. It is difficult to take issue with these basic goals because their need was spawned by past lack of awareness and inattention on the parts of both government and industry to the long term environmental problems and potentially hazardous conditions which can be created by limited planning and ill-conceived or poorly controlled and executed disposal practices. On the other hand, despite the good intentions of those who developed and those who are administering the regulatory controls now in effect, the basic danger exists that overgeneralization of the approach to disposal problems and overrestriction of the potentially acceptable solutions for uranium mine and mill waste disposal could have a significant, adverse economic impact on the mining industry and the ultimate consumers of their products. The regulatory pendulum, which perhaps swung too far toward lack of controls over uranium mill waste disposal in the 1940's, could now well be headed too far in the opposite direction, that is toward over-regulation in the form of restrictions based on technically unrealistic or weakly supportable

Jan 1, 1980

By Charles H. Fettke

The Bradford field of northwestern Pennsylvania and adjacent portions of New York state has attracted world-wide attention in recent years on account of the remarkable success that has been attained in the application of water-flooding as a means of increasing the extraction of oil from a pool that had almost reached the economic limit by ordinary production methods. It is one of the few large oil fields in which artificially conducted water drives have thus far proved successful, although many attempts have been made to apply them elsewhere. As detailed a knowledge as possible of the character of the producing sand in this field is therefore of considerable interest, not only from a scientific but also from a practical standpoint. Outside the Bradford field, such knowledge should aid operators in determining whether or not their sands are amenable to flooding. In the Bradford field itself flooding operations are not uniformly successful over the approximately 85,000 acres of productive area, due in many instances primarily to variations in sand conditions. A knowledge of just what these variations are would often be a great aid in overcoming the difficulties, or else would save considerable sums of money which might otherwise be wasted in experimenting in areas where the chances of success are very small. Realizing that more precise information in regard to the nature of the reservoir rock was essential to improvements in the methods of oil recovery, the Northwestern Pennsylvania Oil Producers Assn., by private subscription of its members, took a core of the Bradford sand from a well 1/2 mile west of Custer City, Pa., during the spring of 1925. The Forest Oil Co. also took a core of the same sand from a well about 8 miles east of Bradford at that time. The cores were submitted to the United States Geological Survey for study and A. F. Melcherl has published the results of porosity determinations on the Custer City core.

Jan 1, 1929

By J. H. Perry

The Bureau of Mines is conducting research to determine the effectiveness of long holes in degasifying an area of the Upper Split of the Lower Sunnyside coalbed at Kaiser Steel Co.'s Sunnyside No.1 mine. These holes were drilled from the two outside entries of a section that was closed to mining because of excessive methane emissions. Two holes drilled to 430 and 450 feet produced initial gas flows of 160,000 and 127,000 cfd, respectively. Sixteen days after the completion of the second hole, the total gas production declined to just over 144,000 cfd. In 9 months of degasification, over 35 MMcf of commercial-quality gas has been removed from the coalbed. The combined gas flows declined to 106,000 cfd in the 9-month period. The two holes have reduced face emissions by about 40 pet.

Jan 1, 1978

James W. Neill, Pasadena, Cal. (communication to the Secretary*):—Professor Hofnlan's paper brings the art up to date. As I was one of the pioneers in this business, I beg to give the following incomplete data regarding my efforts in this line. In the year 1883, while I was in charge of the smelting-operations at Mine La Motte, Mo., there mas at the concentrator an unusually large protluction of a middle product, locally called " iron," which carried considerable values in nickel and cobalt, and which it was desirable, for this reason, to treat by itself. The works could not spare a furnace for the purpose; and to handle this product I improvised a " roast-hearth " from an old " lead-hearth." This was a small cast-iron furnace of the uslial construction, about 2 by 4 ft. in dimensions, with a hollon- cast-iron back, through which the wind circulated before entering the tuyeres. I had a cast-iron grate made to fit this hearth, and placed it tlush with the lip, or apron, and above the tuybres. On this grate, which had round holes about 0.25 in. in diameter, and a total surface of about 20 by 40 in., I roasted the nickeliferous pyrite product; starting the fire with kindling, then adding charcoal, and then gradually feeding the sulphides with a shovel, so as to cover the fire, choke down blow-holes, and get an even bed. Blast at a pressure of 3 or 4 oz. was supplied by a Can-blower. When a cake of roasted material had formed, it was removed with a steel bar, or fork, to the lip of the furnace, and thence into a wheel-barrow. The fine material which had renlained unmelted, but very hot, on top of the cake would promptly ignite when the cake was broken up and removed. The fire would then be covered with fresh material and

Jan 1, 1911

By H. H. Stoek

Mine models have three distinct uses: 1. As exhibits in expositions and museums. 2. As exhibits in law suits. 3. As illustrations in teaching mining engineering. All three uses are in a sense educational. The third, or distinctively teaching function, has not been extensively developed in America as it has been abroad, chiefly because of the cost of the models and the scarcity of model makers. In connection with expositions, such as the Columbian, the Louisiana Purchase, and the Panama-Pacific, a number of very good mine and metallurgical models were prepared with funds furnished by State commissions, by mining organizations or mining companies. At the close of these expositions, some of these models have been deposited in National or State museums or in educational institutions, but too many of them haw been lost, or have been stored away in some mining company's office or in the basement of some State building, where they have been lost sight of and have gradually fallen to pieces. A visitor to a German mining school is impressed by two facts: 1. The mining laboratories are in general inferior to those in America. 2. The mining museums are infinitely superior to ours, particularly in models exhibited. One may reply to this comparison by saying that a museum is necessarily a work of time. From the historical standpoint this is, of course, true, but it is not necessarily true in connection with a working museum intended to illustrate current practice. For instance, the oldest mining school in Germany, that at Freiberg, has much excellent historical material, but very little on modern practice, while Berlin, one of the youngest German mining schools, has a most extensive and valuable collection of modern appliances and models. This is true in spite of the fact that one of the best-known model shops is at Freiberg, from which many of the models to be seen in America have come. Because many of the models in American mining schools have come from

Jan 1, 1918

By C. A. Pierce

UNDERGROUND operations of the United States Potash Co. at its mine near Carlsbad, N.M., have been continuous since the property was opened about five years ago. Approximately one million tons of potash has been mined and two shafts have been sunk, each to a depth of about 1000 ft. Outstanding in the company's operations is the fact that not a single blasting accident has occurred during the aforesaid period. The purpose of this paper is to describe the blasting practice that has made possible the achievement of this accident-prevention record. The mining method employed in extracting the thick horizontal bed of potash may be described as a double-entry room-and-pillar system. Mine development is kept well in advance of extraction operations, and a three years' supply of ore, at least, is always available. Limits of the orebody have not been determined, and in the present system of mining headings are advanced by a "shortwall" method. This was the first potash ore bed developed in the United States. The nature of the deposit, therefore, was unknown, and it was deemed expedient to outline a conservative mining policy. Later, when more is known about the deposit and certain control ascertained, a "longwall" panel retreating method may be found advisable. The necessity for a domestic supply of potash became a national issue previous to and during the World War. The United States Govern-ment came to realize that this country should not be dependent upon foreign sources of potash, and began extensive explorations in many parts of the country, seeking an orebody that would meet the exacting require-ments of the domestic market. The Department of Interior, through the Geological Survey and Bureau of Mines, made every effort to determine the location of potash deposits and encouraged their exploitation by private capital. Through the combined efforts of the Department of Interior and private industry, the deposit now being worked by the United States Potash Co. was discovered and brought into production.

Jan 1, 1936

"Located in Madison River Canyon, about 14 miles by road from Norris, Mont. Built in 1907 by Madison River Power Co.DAM: Rock filled wooden crib structure, 183 ft. long, 34 ft. high or 44 ft. to top of flashboards.SPILLWAY: 140 ft. long, equipped with flashboards 10 ft. high.PIPE: One 10-foot and one 12-foot wood-stave pipe, 7,515 feet long.PRESSURE: One pressure chamber, 32 ft. high, 30 ft. wide and 81 ft.CHAMBER: long, built of concrete.PENSTOCKS: 4 9-foot steel penstocks about 200 ft. long, one for each wheel.WATER WHEELS: 4 double horizontal, center discharge, Sampson special 44-inch turbines, 3,600 h-p., at 100 ft. head. Speed 300 r. p. m„ direct connected to generators.GENERATORS: 4 G. E., W. C., 2,250 k-w., 4,000 volts, 300 r. p. m., 3 phase, 60 cycles, alternators, with exciters mounted on same shaft.TRANSFORMERS: 12 G. E., W. C., 900 k-w., 60 cycles. High tension voltage 23,100, 34,650, 46,200; low tension voltage 4,000, 3,800, 3,600. Now operating at 46,200, delta connected. They can be connected Y for 40,000, 60,000 or 80,000.OPERATION: This is the principal plant of the whole system and carries most of the load."

Jan 1, 1913

By Georgios Kafantaris, Carsten Bonde, Nataša Katic

Within the investigation works for the Copenhagen Cityring metro, Geo/CMT have carried out 90 geotechnical boreholes. Together with the previously available investigation, this resulted in more than 15 km of vertical drillings and several thousands of laboratory tests. The design is made for 17 stations, four shafts and two parallel 16 km long tunnels. The geotechnical investigation and design have been carried out in several stages comprising appropriate refinement of structural design and design of excavation operations, including TBM break-in and launching operations at each station shaft. Acceptance of the solution and / or refinement of the investigation and design schedule in the next stage were based on the geological conditions, area availability at surface level, planning and cost-control criteria. The applied recursive design refinement is presented herein with an example of the Østersøgade shaft location.

Jan 1, 2016

By Zhang Yaonian

This paper describes full-scale tests on ten large bored piles with grouted end conducted for three projects in the urban area of Fuzhou city. Test program included site investigation, pile installation and end grouting. The piles were instrumented with strain gages and load cells to determine load distribution in the piles. Test results showed that end grouting improves load-settlement performance of bored pile. End grouting significantly increases the shaft resistance near the pile end. The better the end condition, the greater the shaft resistance. The average shaft resistance of the bored piles with grouted end is much higher than that of piles without grouting.

Jan 1, 2004

By E. D. Gardner

This is one of a series of papers describing mining and related subjects affecting mining in western mining districts and mineralized areas. The parts of this paper pertaining to current production, mining and milling methods and practices, and general conditions affecting mining were collected principally during a field survey made in May 1935. Some original data obtained on previous visits to the area are also included. The history, geological background, and past production of the mines and district are largely abstracted from previous publications, for which due credit is given later in the test. The principal districts in the Black Mountains are the Oatman or San Francisco and the Union Pass or Katherine. This range contains the principal producing mines of the State, in which gold is the only important metal. Although the total production of gold is relatively small as compared to other districts where the precious metals are obtained as a by-product in copper min¬ing, the area is one of considerable economic importance to the State.

Jan 1, 1936

By J. R. Thoenen

In Progress Report 1,4/ a number of facto mere demonstrated and conclusions drawn from experimental tests and records made during commercial blasting operations at a number of quarries. For example, the tests showed (1) that vibrations received on outcrops were of comparatively

Jan 1, 1938

By I. E. Teymenson, L. A. Bakhvalov

Irrational usage of mineral commodities leads to depletion of natural resources and various ecological violations in natural environment. Fulfilment of a number of measures and strategic decisions by given problems requires a correct forecast of trends of social-economic systems. For solving the task of long-term forecasting special procedures, considering Kondratyev’s big cycles of world conjuncture, have been embedded into algorithms of unknown parameters identification and recovering of factors of different countries mineral resources production and consumption models. In the paper the classification of long cycles types, existing forecasting algorithms on the basis of Kondratyev’s ‘long waves’ or ‘K-waves’ and the modified algorithm, developed by us, which allows to reduce time and financial expenses and to improve the forecast quality, are presented. Furthermore, the article includes several forecasts of mining branch corrected models factors, received by us, permitting complex prognosis of economic and social development of different scale and control level systems. In the paper workability of proposed forecasting algorithms on the base of ‘K-waves’ and adequacy of created models to researched processes are proved.

Jan 1, 2003

By Keith L. Harris

Surprisingly, real gross national product (GNP) surged at a seasonally adjusted annual rate of 4.3% for the first quarter of 1987 according to preliminary estimates made by the Department of Commerce, the highest rate in 3 yr and significantly above the revised fourth quarter 1986 rate of 1.1% (table 1). The spurt, however, was caused by an unusual $59.5 billion rise in inventories, mostly cars and trucks, and there was little support from other sectors of the economy. Motor vehicle inventories rose as consumers continued to tighten their purse strings--consumer spending declined 0.4% for the second quarter in a row. Nonresidential and residential fixed investment and government purchases of goods and services were also down from the previous quarter. The increasing cost of energy was the major factor in the jump to 3.696 in the rate of inflation, as measured by the fixed-weighted price index for GNP, and rising inflation also helped put a damper on consumer spending. The underlying good news was that the trade deficit shrank for the second quarter in a row as imports declined at an annual rate of 11.1%. Also, profits in the manufacturing sector rose strongly in the fourth quarter, and for the first time in 9 quarters, the primary metal industries became profitable (table 1). If one discounts the anomalous inventory growth, the bottom line is that the economy continues to grow at close to the expected 2.5% level experienced over the past 2 yr. Of concern over the next several quarters, though, is the impact of the large over- hang of motor vehicles inventories on the economy. EMPLOYMENT The civilian unemployment rate declined to 6.636 in March after remaining at 6.7% for the previous 3 months. Employment continued to expand in February and March, although growth was significantly slower in March than in previous months. The manufacturing sector, however, lost 24,000 jobs in March after gaining 46,000 in February. Three-quarters of that gain came when striking workers at USX Corp. and Deere & CO. returned to their jobs. Employment in the manufacturing sectors of direct interest to the mineral industries has generally been increasing for at least the last quarter, while worker hours for these sectors have been on the upswing since April 1986 (figures 1 and 2).

Jan 1, 1987

By Keith L. Harris

Economic activity in the United States picked up in the third quarter, according to the latest estimate released by the Department of Commerce. Real gross national product (GNP)--the Nation's output of goods and services--grew at a seasonally adjusted annual rate of 4.3%, or $17.6 billion, compared with a rate of 1.9% for the second quarter of 1985 and 1.6% for the third quarter of 1984 (table 1). The 4.3% rate is one percentage point above the preliminary estimate reported in the August/September issue of Minerals and Materials. Most of the upward revision was due to the change in business inventories and Government purchases, while the figure for net exports was revised downward substantially. The 4.3% growth bettered by 1.5% the average rate of growth in GNP from 1974 through 1984 and was 1.1 % above that of the period from 1975 through 1984 and 0.7% above that of 1980 through 1984. Of importance to the minerals industry was the $14.4-billion growth in personal consumption expenditures, $10.2 billion of which was for durable goods (especially domestically produced automobiles) and the growing residential investment. The net export deficit continued to grow, however, and investment in nonresidential structures, producers' durable equipment, and business inventories declined. Prices, as measured by the GNP fixed-weighted price index, increased at an annual rate of 3.1% in the third quarter, compared with 3.9% in the second quarter. The slower rate of inflation resulted mainly from a decline in energy prices, following second-quarter increases. Fourth-Quarter Prognosis Many of the economic data available for October and November indicate that the economy is growing modestly and will continue to grow over the next 3 to 6 months. The composite index of leading indicators, designed to predict economic activity within 3 to 6 months, rose 0.3% in October, the sixth consecutive monthly advance, according to the Department of Commerce. Six of the 11 available leading indicators were positive: Stock market prices rose, as did sensitive material prices, credit outstanding, and manufacturers' new orders for consumer goods and materials; initial claims for unemployment insurance decreased, and firms were getting slower delivery of goods. Four of the indicators were negative: Business formations, homebuilding permits, contracts and orders for plant and equipment, and money supply all declined. The average hours worked per week, already at a high level, remained unchanged.

Jan 1, 1985