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By R. D. Brown

In the spring of 1977, Revenue Canada announced its intention to proceed in 1978 with a plan to impute a taxable benefit on interest-free and low-interest loans provided to employees. Such loan arrangements are often an important aspect of the compensation packages provided by many companies to their employees. Since the original announcement, there have been many submissions to Revenue Canada opposing this change, and the Finance Minister has now brought down a compromise solution with the introduction of a proposed amendment to the Income Tax Act. The amendment, which would not take effect until the 1979 taxation year, would require an employee, a shareholder or a related person to include a benefit in income measured as the difference between the interest on any such loan computed at bank prime rate and any interest actually paid. Only the amount of such a benefit in excess of $500 in a particular year would be required to be included in income. Of particular interest is the exclusion from these benefit rules of loans up to $50,000 in respect of the purchase of a house on the relocation of an employee and loans provided for the purchase of shares of an employer corporation.

Jan 1, 1978

By AIME AIME

PLANS are now well advanced for the joint meeting of the Institute and over a dozen other engineering societies in Chicago during the week beginning June 26: Engineers' Week at A Century of Progress. All engineers planning to visit the Fair will find it to their advantage to be present at this time so far as the Chicago attractions are concerned, and Eastern members will also have the advantage of special transportation arrangements on June 24 and 25. The tentative program is given at the bottom of the next page. Monday morning, June 26, will be reserved for registration of members and guests and the Woman's Auxiliary at the Stevens Hotel, where special rooms will be provided. A luncheon will also be served there, and in the afternoon, a technical session on nonmetallics. Instead of having the big family dinner that evening at the Stevens, as at first proposed, the local committee has planned to have it at the Fair Grounds, where special facilities have been arranged. A meeting of the Board of Directors and a few invited guests will precede the dinner. All members and guests are likely to be interested in visiting the Museum of Science and Industry, so that will be the sole event on the program for Tuesday morning, June 27. The big attraction there at present is the model coal mine, the first operative coal mine ever built for exhibit purposes. It is based on the Deutsches Museum mine at Munich, but goes far beyond that in realism, and takes the visitor on an extended tour underground. It shows him in half an hour more types of modern mining machinery and coal geology than he would be likely to see in a week's underground study in the coal fields. The Institute members will be the first group to go through this mine.

Jan 1, 1933

By Scott Turner

GOLD AND SILVER, the monetary metals, have presented in the last year a striking contrast; gold has experienced unusual prosperity, while silver has been depressed more severely than ever before. Gold mining has been hailed as the only basic industry that is able to thrive on depression; the new gold produced is thought by many to be the most important material for the reconstruction of prosperity. Silver production, meanwhile, has been sinking to its level of 40 years ago, and its price to a level never before recorded. These factors have reduced the value of silver produced in 1932 to about the value of the average annual production more than a century ago, that of the decade 1801-1810. No other major commodity in world trade appears to have suffered a greater decline during the present depression.

Jan 1, 1933

By WALTER M. DAKE

WITH the renewal of the contract between bituminous miners and operators, whereby a period of three years is assured without the devastating effect of irregularity of operation due to general strikes; and, with the increasing comprehension on the part of the large consumers as to the stabilizing effect of adequate storage upon prices; the coal industry has reached that period of its history in which permanence of purpose towards necessary changes is being crystallized, and these changes accomplished by the industry. It is to be hoped that during this era the phrase- " Our National Coal Problem "-will be relegated to the limbo of' antiquated expressions. That this epoch is upon us is evinced by the fact that operators are turning to consolidations, whereby financially sound companies will acquire smaller production units and place themselves in position to maintain constant supervision and control of their development and output; and, as further proof of the arrival of these changes, may be cited the entrance of additional members of the engineering profession into the many phases of management and operation, where- by the cost per ton of output will be, constantly reduced through the increasing use of modern methods and equipment. As an instance, attention is specifically called to the developments in mechanical loading, proposed and actual continuous underground transportation systems and betterment in methods of preparation.

Jan 1, 1924

By NEWTON B. KNOX

CHILEAN mining in the public mind is rightly associated with copper. Chuquicamata with its great hill of copper-bearing granodiorite as well as Sewell and Potrerillos with mineralized volcanic necks together can supply a good proportion of the world's normal necessities of that metal. Chile is an extremely long and narrow country, averaging only 109 miles wide. Its eastern frontier is the Andes and it is on the western slopes of these mountains that the great copper deposits have been discovered. West of the Andes a great longitudinal depres sion has permitted accumulation of nitrates and other soluble salts in the arid north; in the north center it is hidden by a series of cross ranges, but in the center a moderate rainfall makes it the country's most important agricultural region. In the south this depression is drowned and gives rise to a series of straits and fiords. This enormous cleft in the earth's crust is separated from the sea by a coast range of moderate elevation which in the south is represented by a series of islands and mushroom-shaped peninsulas

Jan 1, 1945

By C. H. Burgess

ON June 5, 1947, Secretary of State George C. Marshall in a speech at Harvard University outlined a plan for the economic recovery of Europe. The plan contemplated that the United States should provide assistance which would enable the European nations better to help themselves and to help each other to reconstitute from their war-torn lands conditions which would make possible decent standards of living.

Jan 1, 1950

By John J. Collins

The plight of the Japanese mining business is pitiful. Coal mines were given the highest priority for all materials they needed, yet between the end of the war and June 1948, the government was obliged to subsidize them to the extent of 22 billion yen, this being the difference between the consumer's price and the producer's price. Most of the metal mining companies have been operating at only one fifth to one third of war-time production rates, and financial losses have been terrific. The chief difficulties have been a plethora of office workers and a dearth of equipment, supplies, and miners. The principal material needs at metal mines are steel rails. cars, plates, nails, rubber hoses, and belting, to say nothing of modern core drills which are totally lacking. Until recently the great shortage was in coal; for lack of fuel the smelters and factories failed to produce the very metals and equipment now needed to operate the mines. Nation-wide shortages have created a monstrous inflation of prices throughout all the economy, currently amounting to 200 times the prewar figures. For example, the price of copper ranged from 500 to 900 yen per metric ton for many years until 1937, but in mid-1948 producers were

Jan 1, 1949

By J. Cilliers, R. Seitz, D. Drinkwater

Mineral processing produces a saleable product from high-cost ore. The Mineral Processing Engineer must constantly improve the separation to create the most value from the ore and reduce the associated costs. Graduate Metallurgists (or Chemical Engineers) have had the university theoretical training required, but often are illprepared to perform their plant roles. The in-work Metcelerate programme was designed specifically to develop the practical skills that Mineral Process Engineers require, by combining three key elements: 1. Knowledge transfer through self-paced, on-line training; 2. Practical skills acquisition through assessed, practical plant exercises; 3. Skills development through online tutorials. A final process improvement project adds significant value to the operation that far exceeds the training cost. Experience from Metcelerate clients has indicated improved staff retention, greater confidence, and pro-active process intervention.

Jan 1, 2023

By J. Dorsey

In 1910, Colonel Boyce Thompson, who owned Inspiration (now Cyprus Miami) and various other mining interests, formed the Magma Copper Company and leased the Silver Queen claims around Superior, Arizona. At the same time, he purchased other claims around the Silver Queen claims from what was then called the Magma Mine. The mine continued to operate until 1982 when Newmont Mining Company, who owned Magma Copper Company, shut down the operations due to high costs and low copper prices. When Magma was spun off by Newmont as an independent company in 1987, new studies of Superior were started. It was clear from these studies that the mine had been shutdown and over 1400 employees laid off for two basic reasons: first, as a resu1t of a mine plan that was technically flawed and second, be-cause of very high production costs mainly due to the low productivity from a very high cost work force. During 1989 a plan was formulated to re-open Superior with the determination to over-come the problems that resulted in closure. A new mine plan was developed and a management style developed that promotes team work and high productivity.

Jan 1, 1992

By George D. Lessner

I'm sure that everyone at this meeting is aware of the current problems facing the U.S. metals mining industry. Prices are depressed and expected to remain depressed for quite some time. On the other hand, industrial minerals, including talc, are doing quite well. The profitability of industrial minerals has sparked considerable interest on the part of many companies in expanding into industrial minerals. Our company is one of those actively seeking to expand its position in industrial minerals. It is appropriate that the A.I.M.E. asked me to speak to you regarding entry into the talc business. So how do you get into the talc business? Earlier speakers have explained how to locate, mine, process, and market talc, so you have the "how ton.

Jan 1, 1984

By E. W. Coderre, R. C. Baxter

"This paper describes the townsite of Wabush and the two railways operated by Wabush Mines for the loading and unloading of iron ore concentrate. The town of Wabush is located approximately 200 air miles north of Sept-Iles, Quebec and is in the Province of Newfoundland and Labrador. Construction of the town-site began in 1961 to provide housing accommodation for the construction force and permanent employees in the mining and milling operations located 4 miles away. Wabush Mines operates two short railway lines in loading and unloading concentrate between the concentrator, located at Wabush, and the pellet plant at Pointe Noire, Quebec. Both of these railways connect with the main line of the Quebec North Shore and Labrador Railway and provide a shuttle service between the two phases of the operation."

Jan 1, 1969

By Joe McQuerrey, William Kendall, Gene Wilson

"Roof bolting is the standard for ground control in underground coal mining. Rib and truss bolting is just as important when conditions are less than desirable. As a manufacturer of roof drills, J.H. Fletcher & Co. (""Fletcher"") promotes a walkthrough design machine to protect the machine operators from rib hazards.When installing rib and brow bolts in high mined heights, the operator's natural desire is to step from under the canopy onto the drill feed mechanism. This is done to allow a better reach to the drilled hole in the rib or brow. This, of course, is not an approved or acceptable practice.The effort to improve the operators' ability to reach the rib and brow has resulted in a new boom design. The design was first shown in September 2008 at the MINExpo in Las Vegas, NV. The design incorporates a step out area towards the rib side of the machine. The step provides improved access to the mine rib and brow.Having a solid concept does not guarantee an accepted design. Operator acceptance is the goal. When the machine was first tried in the underground environment, the machine operators did exactly as requested: run the machine as supplied and suggest improvements.In the fast pace job of roof bolting, any ergonomic improvements are welcome. These improvements usually increase the operator's productivity and safety. Based on operator feedback and final evaluation with Fletcher, machine revisions were generated. When the machine revisions were completed, Fletcher again asked the operators for comments, giving the boom design an evolving path into our industry.INTRODUCTIONIt's human nature to find the most comfortable position in which to do a task, especially for repetitive tasks. Designing a machine that will withstand the rigors of underground mining is a challenge in itself. With stringent safety requirements and limited real estate, there is a constant evolution in design to converge safety with productivity. With the ongoing development of the ""Rib Access Boom,"" one more step in the evolution process has been taken."

Jan 1, 2010

By Ki Bui Ma

Momentum wheels with superconducting bearings can integrate both attitude control and energy storage functions, with attendant savings in the total volume and weight of hardware, and power consumption, all of which are in short supply on mini-satellites. We have built and tested a prototype with a wheel of mass 1.9 kg, diameter 3.25 in, and height 3 in, which can store 3.5 J-sec of angular momentum and 5 kJ of energy when it rotates at an angular speed of 15000 RPM. The energy density of 2.5 kJ/kg achieved is comparable with the lower range for lead-acid batteries. To show that the wheel is energy efficient, we have performed spin down tests and measured the input power required to sustain rotational speed. Results indicate that power consumption, even accounting for the needs of cooling system, is significantly smaller than that for state of the art commercial reaction wheels.

Jan 1, 2002

By R. D. Archibald

Currently, around 100 million tons of construction materials and aggregates are shipped annually by rail. And recently, producers are looking much more carefully at rail not only to reduce fixed costs through increased volume, but also to eliminate operating headaches, such as increasing community pressures about trucks on the road, noise and dust. Many producers are uncertain as to how to enter the rail shipping business since railroads have historically been reluctant to ship small quantities short distances. This article provides strategies to help producers examine and pursue moving their rock by rail.

Jan 1, 1995

By R. Edinger

Aerospace and space products depend, probably more than any other products in industry, on advanced materials. While there are many ways of producing aerospace parts, in many cases the process does not allow the design of the metallurgical properties according to the part or product requirements in accordance with its mechanical configuration. Key to the next level of innovative manufacturing is the capability to control the amount of energy applied to the process, as well as the addition of materials in form of vapor or solid particles such as powder in order to build up the metallurgical composition required. With the development of a high speed pulsed laser-electron beam source, the LASTRON(TM) technology, we deliver the basic requirement for a digital manufacturing process of aerospace and space products. This technology, combining Laser and electron beam, finds application in welding, drilling-machining, and is currently modified to allow digital coating (PEB-PVD) methods. In addition to the coating, a powder metallurgical process, called Rapid Manufacturing (RM), will allow the precision melting of parts based on CAD/CAM files. The RM process and the digital coating will allow the production of graded aerospace alloys in parts for jet engines and aero-structures.

Jan 1, 2006

The Fosterville Goldfield has a modest past production (0.3 Moz), but is now emerging as a significant goldfield (2.6 Moz resources, including 1.1 Moz reserves) with implications for exploration within the orogenic gold provinces of the Lachlan Fold Belt in Australia and the Buller Terrane on the West Coast of New Zealand. Fosterville is located 20 km east of the 22 Moz Bendigo Goldfield and is geologically similar to other Victorian goldfields, however the nature of the gold mineralisation differs significantly. Unlike other Victorian goldfields there is no primary free gold at Fosterville. The gold occurs in as sub-SEM resolution particles, in fine grained arsenopyrite and pyrite crystals disseminated through the wall rocks in fault controlled quartz-carbonate vein stockworks. The Fosterville Goldfield comprises several subparallel fault systems striking 340¦ over an exposed strike length of 28 km. The Fosterville Fault system comprises the west dipping (~75¦), reverse Fosterville Fault and several less steeply west dipping splay faults formed in the footwall. The splay faults extend through east dipping beds from the Fosterville Fault across a syncline hinge into stratigraphically controlled positions on the west dipping limb of the syncline. The predominant control on gold mineralisation is the intersection of the bedding on the east dipping limb of the syncline and faulting which, is in turn controlled by the orientation of bedding in the west dipping limb of the syncline. The mineralised shoots are thus subparallel to the plunge of the syncline and show a plunge reversal about a culmination in the footwall syncline. This provides a very powerful exploration tool with bedding û cleavage intersection lineations measured in outcrop and oriented core indicating the plunge of mineralisation. Mineralisation is also, albeit less commonly, controlled by local variations in strike and dip of the host fault and at metre scale by host lithology. As the faults and mineralisation are stratigraphically controlled, detailed stratigraphic interpretations are essential to provide control on structural interpretations for resource modelling. Compared to other Victorian goldfields, the Fosterville Goldfield formed later (385 Ma to 360 Ma cf 440 Ma), at lower temperatures and at shallower depths (fluid inclusion studies of Au associated veins suggest vein formation at ~270¦C (range 140¦C to 385¦C) and at depths of 2.6 - 5.7 km).

Jan 1, 2005

By Robert Hopler

HUDSON MAXIM A Noted Inventor of High Explosives ALTHOUGH the subject of the present sketch has been a tireless worker in many fields of activity, his name is best known in connection with his work in the development of high explosives and their application to modern ordnance

Jan 1, 2012

By M. Rotz

In the minerals industry today, the ?low hanging fruit? that once existed to debottleneck production and improve recovery, while meeting market needs for quality in mineral processing operations, are more and more difficult to find. Systematic methods for establishing plant mass flow, recovery, operational efficiency and control strategy in context with customer specifications provides the necessary insight and confidence for plant operators to prioritize improvement projects in order to maximize return on investment (ROI) for the site. The evaluation of aggregate and industrial mineral processing plants requires the following steps when projecting cost saving opportunities: collecting background data, conducting a base-line evaluation, analyzing specific unit-operation performance, defining investment options, prioritizing the selected improvement opportunities and the implementing process changes. The following paper describes the approach and challenges of developing an improvement plan for a dry and wet mineral processing operation.

Feb 23, 2014

By M. J. Hart

Today, aggregate producers in the Denver Metropolitan area, herein defined as Denver and surrounding communities in Adams, Arapahoe, Boulder, Douglas and Jefferson Counties, are scrambling to secure their future reserves. The Denver market is somewhat unique among the larger metropolitan markets in that the source of needed aggregate for the future is very much undecided. 2. Present Aggregate Resources Presently, the annual consumption of aggregate resources in the Denver Metropolitan area amounts to approximately 16 million tons of sand, gravel and crushed stone of which the later accounts for about 20%. Based on population growth projections for the front range, by the year 2000 the annual rate of consumption for aggregate in the Denver Metro area could be in the 25+ million ton range.

Jan 1, 1987

By C. R. Wohrman

A melt of pure electrolytic iron with about 0.4 per cent. sulfur and 7 per cent. manganese was prepared in connection with a study of inclusions in iron. The alloy darkened rapidly when etched with a 10 per cent, alcoholic solution of nitric acid, and microscopic examination revealed the presence of a semimartensitic, semi-Widmanstättian structure (Figs. 1 and 2) closely resembling the structures found by Benedicks in his artificially prepared "meteoric iron."' The structures found by Benedicks were readily explained by the presence in his alloy of the two well-known iron-nickel solid solutions, taenite and kamacite, and of their eutectoid (?) aggregate, plessite. By analogy, one would infer the existence of similar phases in the iron-manganese alloy just described, such an inference being strengthened by the similarity displayed in many ways by nickel and manganese in their effects on iron. Iron-manganese Alloys are Regarded as Homogeneous Heterogeneity of iron-manganese alloys has not been recognized heretofore, judging from the data of standard metallographic books and those of original papers. In fact, iron and manganese are quite generally regarded as completely miscible in the solid state. Dr. Rosenhain,2 for example, writes: Alloys of group (a), of which those of gold-silver, iron-manganese, and copper-nickel are examples, when allowed to crystallize sufficiently slowly to attain their condition of final equilibrium, present a microstructure exactly similar to that of a pure metal—the homogeneous character of the molten solution is in that case so completely maintained that the microscope cannot detect the presence of any second constituent. Guillet and Portevin3 refer to the iron-manganese system as an example of the "case of metals completely miscible in the solid state."