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By AIME AIME

HONORARY COMMITTEE. HON. C. D. WALCOTT (Chairman.), Director U. S. Geological Surrey. HON. FREDERICK I. ALLEN, Commissioner of Patents. DR. FRANK BAKER, Superintendent National Zoological Park. MR. CHARLES A. BELL, President American Security and Trust Co. MAJOR JOHN BIDDLE, Engineer Commissioner of District of Columbia. ADMIRAL C. M. CHESTER, Superintendent U.S. Naval Observatory. GENERAL WILLIAM CROZIER, Chief of Ordnance, U. S. A. ADMIRAL GEORGE DEWEY, Admiral of the Navy. COLONEL CLARENCE R. EDWARDS, Chief Bureau. of Insular Affairs. MR. WILLIAM C. FOX, Director Bureau of American Republics. MR. CHARLES C. GLOVER, President The Riggs National Bank. GENERAL A. W. GREELY, Chief Signal Officer, U. S. A. MR. BERNARD R. GREEN, Superintendent Library Building. GEN. G. H. HARRIES, Vice-President Washington Electric Railway Co. HON. E. A. HITCHCOCK, Secretary of the Interior. COMMANDER H. M. HODGES, Chief Hydrographer, U. S. N. PROF. W. H. HOLMES, Chief Bureau of American. Ethnology. PROF. S. P. LANGLEY, Secretary Smithsonian Institution. GENERAL ALEXANDER MACKENZIE, Chief of Engineers, U. S. A. ADMIRAL N. E. MASON, Chief Bureau of Ordnance, U. S. HON. WM. M. MEREDITH, Director Bureau of Engraving and Printing. HON. V. H. METCALF, Secretary Department of Commerce and Labor. HON. WILLIS L. MOORE, Chief -U. S. Weather Bureau. HON. PAUL MORTON, Secretary of the Navy. MR. F. H. NEWELL, Chief Reclamation Service, U. S. Geological Survey. HON. S. N. D. NORTH, Director Census Office. CAPT. E. C. PENDLETON, Superintendent Naval Gun Factory. MR. GIFFORD PINCHOT, Chief Forester, Department of Agriculture. MR. HERBERT PUTNAM, Librarian of Congress. ADMIRAL CHAS. W. RAE, Chief Bureau of Steam Engineering, U. S. A: MR. RICHARD RATHBUN, Assistant Secretary Smithsonian. Institution. HON. W. T. RICHARDS, Commissioner General Land Office.

Jul 1, 1905

By George S. Rice

MECHANIZATION in coal mining is a phrase which has attracted world-wide attention, and those persons not engaged on the practical side of coal-mine operations seem to regard mechanization as a panacea for many difficulties of the industry. The term "mechanization" as now employed by experienced mining men is restricted to mean mechanical loading of coal at the face. In a broader sense mechanization in coal mining was begun nearly half a century ago with the introduction of compressed-air undercutting machines and locomotives and, later, of electrically operated locomotives, undercutting and shearing machines, and drills. The use of coal-cutting machines, which has increased until now about three- fourths of the bituminous coal produced is being mechanically cut, first displaced hand-picking except in a few long-wall mines, and later gradually displaced the dangerous and coal-smashing method of blasting-off- the-solid.

Jan 1, 1929

William Kent, New York, N. Y.:—The Institute may congratulate itself on the opportunity of reading the splendid address of President Brunton. It is an admirable summary of the progress that has been made in the mining and metallurgical arts in recent years. The paper rightly gives the chief credit for this progress to the aid which has been rendered to these arts by the advances in mechanics, chemistry, and electricity. It is notable that most of the headings in Mr. Brunton's address refer to the work of the mechanical engineer, the electrical engineer, and the chemist, rather than to that of the specialist in mining-operations. It seems that the most successful mining engineer of the present day is the one who makes the most intelligent application of the inventions and designs of engineers and others who are not directly engaged in mining. A tabulation of the headings of the address, grouped as below, shows this most clearly. Work of the Mechanical Engineer—Rock-drills, hoisting-machinery, tramming, pumping, ventilation, dredging, Sampling, concentration, briquetting, fume-recovery. Work of the Electrical Engineer—Electric machinery for hoisting, pumping, tramming, lighting and signaling, electric transmission, electric smelting. Work of the Chemist and Metallurgist—Explosives, chlorina-tion, cyanidation, roasting, lead-smelting, and copper-smelting. Work of the Geologist—Economic geology. Work of the Mining Engineer—Mine-mapping, surface-mining, timbering, tunneling; and planning and supervision of the work in general. The mining engineer of the present day, who is in responsible charge of a large plant, finds his chief work not in doing those things he was trained to do as a specialist, but in making use of the knowledge of geologists, chemists, and electrical and

Jan 1, 1910

By C. A. Fisher

THE discovery of petroleum in Pennsylvania in 1859 marked the birth of an industry of paramount importance. Spreading from - Oil Creek, this remarkable industry may be said to have embraced the earth in a little more than half a century. Those who made the discovery little realized its deep significance or far reaching influence on our national life. For over sixty years, during which time this nation has created and developed the oil industry to a high state of efficiency and' carried its activities to all parts of the world, we have' at all times been the leaders in the production of crude oil and in the development of its technology. During the unprecedented growth and expanse of the oil industry there has been an increasing dependency of our basic industries on, petroleum, until at present it has become essential to our national existence. To meet the ever increasing demand for petroleum and its products, we have explored, at one time or another, for their oil possibilities, practically all parts of the sedimentary rock area in the United States. Furthermore, detailed surface and, in many places, subsurface studies have been made of all the promising regions; over 640,000 jewells have 'been drilled for. oil since the beginning of the industry; $12,000,000,000 have been spent in this work; seventeen major fields exceeding 100,000 bbl. daily production and more than a thousand minor pools have been opened up, and 8,000,000,000 bbl. 'of oil have been produced, or an amount nearly equal to the estimated future reserves of the United States made in 1921.

Jan 1, 1925

For the year ending February, 1936 PRESIDENT AND DIRECTOR HENRY A. BUEHLER ROLLA, Mo. PAST PRESIDENTS AND DIRECTORS FREDERICK M. BECKET NEW YORK, N.Y. HOWARD N. EAVENSON PITTSBURGH, PA. VICE-PRESIDENT, TREASURER AND DIRECTOR KARL EILERS NEW YORK, N. Y.

Jan 1, 1934

By Walter Miller

NOW, after a year's continued impact of war, the task of the petroleum-refining industry stands out clearly and looms up in larger aspect. This time it is not, as it was so largely in the first World War, simply a matter of increased quantity- more and more of the same petroleum products that had substantially been standard for years. In this era the emphasis is largely on newer and improved materials which had been produced, if at all, in comparatively insignificant quantities, and for which manufacturing equipment was not available on a large scale. At the beginning of 1942 four great product needs (besides a number of lesser one-) confronted the industry: 100-octane aviation gasoline, toluene for T.N.T. production, high-quality lubricating oils for aviation and Army equipment service, and petroleum chemicals for synthetic rubber manufacture.

Jan 1, 1943

FINAL REPORT OF' THE COMMITTEE OF THE AMERICAN INSTITUTE OF MINING AND METALLURGICAL ENGINEERS W. E. FOHL, Chairman J. W. PAUL J. M. RAYBURN C. A. WARNER JOHN B. CORRIN C. E. KREBS JOHN H. WILSON A. W. HESSE M. M. LEIGHTON H. I. SMITH [Accepted and Committee discharged with thanks, April 27, 1928.] Regulations recommended for the location, drilling, casing, protection, operation, plugging and filling, and abandonment of natural gas and petroleum wells; having for their objectives the protection of life and property by prevention of intrusions of oil and gas into workable coal beds, and the conservation of oil and gas resources in territory not underlain with workable coal beds. ARTICLE I DEFINITIONS SEC. 1. For the purpose of these regulations, definitions are as follows: Well.-A bore hole drilled for the purpose of developing natural gas or petroleum, or a bore hole producing natural gas or petroleum. Well Operator.-Any person, persons, firm, partnership, corporation, company or association that proposes to, or does drill, operate or abandon a well as herein defined. Coal Operator.-Any person, persons, firm, partnership, corporation, company or association that proposes to, or does operate a coal mine in territory known or reputed to be underlain with oil or gas-bearing strata. Coal Owner.-Any person, persons, firm, partnership, corporation, company or association, other than a Coal Operator as herein defined, that owns coal lands in territory known or reputed to be underlain with oil or gas-bearing strata. State Mining Department.-The duly constituted authorities of a state having jurisdiction over coal-mining operations, and oil and gas operations as herein provided. Plat.-A map, drawing or print made in accordance with the provisions of these regulations. Casing.-The pipe commonly used in wells drilled for natural gas and petroleum. Oil and Gas.-Synonyms, respectively, for Petroleum and Natural Gas.

Jan 1, 1928

Jan 1, 1886

By W. L. Austin

The only essential difference among the three methods of collecting the precious metals from their low-grade ores by fusion is comprised in the nature of the vehicle in which those metals are concentrated. If lead- or coppper-ores are used, the processes are respectively lead- or copper-smelting; but when the sulphide of iron forms the matrix in which the gold and silver are collected, the process is known as pyritic smelting. The latter method presents rarely any advantages when lead- or copper-ores are available at rates which permit profitable treatment. Pyritic silver-smelting, defined by Percy as " the smelting of silver-ores, which are either free from lead or do not contain it in sufficient quantity to collect the silver, in conjunction with pyrites, in order to produce a regulus in which the silver may be concentrated," is not, as the name would imply, confined to ores of this metal alone, but embraces auriferous silver-ores, or even gold-ores simple. This method of collecting the precious metals from lowgrade dry ores, employed at Freiberg by Barthel Kohler in 1585, does not appear, up to the present, to have been introduced into this country on a working scale. And yet the possibility of getting rid in a single operation of all the earthy or siliceous gangue of a lowgrade ore and concentrating the precious metals in a matte without loss of lead (which includes gold and silver) by slagging, or volatilization, at the same time producing a highly siliceous slag, very nearly if not quite as clean as is usual in lead-smelting, certainly commends itself. In some parts of the country, owing to the com-

Jan 1, 1888

By C. E. Johnston

In December 1956, International Minerals & Chemical Corp. installed a rope-suspended belt haulage system in its Carlsbad, N. M., potash mine to complement the already existing rail transport arrangement. In this article the author describes when and where each system is used, the advantages and disadvantages of both, and future planning and proposed changes in haulage at IMC. The haulage system at the International Minerals & Chemical Corporation (IMC) potash mine near Carlsbad, N. M., reached a turning point in December 1956 with the introduction of rope-suspended belt haulage. In fact, IMC pioneered the use of this type of belt in the potash industry. Since that time belt conveyance has been employed as an extension of the rail system but not as a replacement of the main rail haulage. IMC's potash mine is located in the Permian Basin, approximately 20 miles east of Carlsbad in Eddy County, N. M. The 800, 850 and 900-ft levels have been exploited. From these levels over 60 million tons have been extracted. The two ore minerals are sylvite (KCl) and langbeinite (K2SO4. 2MgSO4). The principal gangue mineral is halite, with minor amounts of polyhalite, kainite and leonite. Langbeinite is mined on the 850-ft level and sylvite on the 900. The 800-ft level, with both langbeinite and sylvite mineralization, is idle. Mining heights vary from 54 in. to over 10 ft. A room and pillar mining system is used. Geologically, mining is done in the Salado salt formation. The U.S. Geological Survey has classified the 900-ft sylvite level as the first ore zone and the 850-ft langbeinite level as the fourth ore zone. Since the grade of sylvite is low, mineralization at the IMC mine is somewhat irregular and salt horses, are common. Selective mining and a flexible haulage

Jan 1, 1963

By G. H. Tausch, T. A. Huber

Very encouraging progress has been made ill the develop-ment of the permanent-type well completion which decreases considerable the cost of completions and workovers and aid-in the acquisition of reliable reservoir information at low cost. Completion and remedial operations are performed with tool,; which pass through the well tubing. Perforating and plug-hack operations can be done with the tubing in place and do not require pipe-handling equipment. Because of the many advantages afforded by this method, development work is going forward in anticipation of ultimately being able 10 use it to perform all usual well completion and workover operations. Effort is also being directed to the development of a more permanent type of lift equipment suitable for use with the permanent-type well completion. INTRODUCTION The permanent-type well completion in one in which the tubing and well-head are set in place only once in the life of the well and the completion or remedial work is performed through the tubing with a tubing-type perforator. a retrievable tubing extension. and other wire-line tools. This new type completion has made possible the saving of one to two days' rig time in the completion of each of several hundred wells During the last two years, and use of equipment developed for this type of completion has resulted in a 75 per cent reduction in cost. of certain types of workovers. In addition. the more reliable indication of the commercial value of a reservoir and the more accurate general reservoir information made Possible promise to be of even greater value in oil recovery than the reduction of costs for completions and workovers Recently. several well.. were worked over by using the retrievable tubing extension suspended on a swab line to plug back with cement and then perforating a higher producing interval with the tubing-type perforator, thus opening the way for complete through-the-tubing workovers which may be performed without pipe-handling equipment or mud. Those items attendant to the use of pipe-handling equipment and mud. such as hoard matting rig substructure. and pits. were also eliminated. There are indications that the elimination of drilling mud during completion and workover operations will frequently give increased well productivity, as plugging of the perforation. will not occur. It ii now possible to perforate selectively small sections of the producing interval and to test a well through these sections prior to perforating more interval. The perforating of additional interval will not entail the costly operations of killing the well and pulling tubing, nor will the old or the new perforations be plugged. The productivity of .mall sections of a reservoir and the actual gas-oil or oil-water contacts may now be determined economically under flowing condition.. Selective completions can be made in this manner to delay gas and water problems and bring about maximum oil recovery. At the present time, gas lift appears to offer the greatest potentialities for artificial lift in the permanent-type well com"letion since it can provide full-open tubing to accommodate the through-the-tubing tools and it may be ultimately developed into a fairly permanent type of lift. With precent-day pas-lift equipment. valve or mandrel failure necessitates occacio11al removal of the tubing. thereby reducing to some extent the permanence of the completion. New gas-lift valves are now

Jan 1, 1953

[United Engineering Society WALTER H. ALDRIDGE J. VIPOND DAVIES J. V. N. DORR Engineering Societies Library Board SYDNEY H. BALL ALEXANDER C. HUMPHREYS GEORGE C. STONE JOHN H. JANEWAY Engineering Foundation Board H. M. BOYLSTOX J. VIPOND DAVIES GALEN H. CLEVENGER]

Jan 1, 1928

By A. H. Bromly

THE small agricultural village of Santa Barbara, in the State of Guanajuato, has been the center of spasmodic tin-mining operations during recent years. The deposits, so far as I know, are unique, and a few brief notes may be of interest. Santa Barbara, about 12 miles west of San Felipe station on the Mexican National Railway, and at an elevation of 2,400 m. above sea-level, is situated in a flat valley extending east and west, and bounded north and south by broken rugged bills rising about 330 m. above the general level of the valley. Tin-mining operations have been conducted-at the Queensland mine, near this village. A small concentrating-mill was erected and attempts were made to smelt the ore in reverberatory furnaces. The country-rock of the district for many miles is rhyolite of great thickness. There are some local variations due to differences in cooling, or subsequent alteration or impregnation; but throughout the whole district the principal constituents of the rocks remain the same, viz., free silica, orthoclase-feldspar and sanidine. The latter is especially marled. The crevice and joints of the rock are frequently filled with calcedonic and opalescent quartz. The ore-formation at the Queensland mine is of an unusual nature, consisting of cracks in the rhyolite which have been filled with clay. This phenomenon is largely developed over a width of from 80 to 100 m., in which the principal fissuring follows an approximate direction of north and south. The av¬erage clip ranges between 70 to 80 degrees. Some of the fissures bold sufficiently true for a time to afford the impression that they are clue to dynamic causes, or earth-movement. This may be true of some of the north by south fissures; but considering

Jul 1, 1905

By Kyle Wightman

INTRODUCTION CRA Limited is the largest mining group in Australia by value of sales and the second largest company in Australia in terms of share market capitalisation. In the past 25 years, CRA, its predecessors and affiliates have been involved in a number of mining and further processing developments in Australia and elsewhere. Many of these have been financed using project financing techniques. These include Comalco's development of the Weipa bauxite deposits in Northern Queensland in the late 1950's, the Hamersley iron ore developments in the Pilbara region of Western Australia in the mid 1960's, the Queensland Alumina Limited alumina refinery in Gladstone, Queensland, at about the same time, and the Bougainville copper project in 1969/70. In the past three years CRA has again utilised project financing techniques to fund its Tarong steaming coal project in Queensland, the Blair Athol steaming coal project also in that State and CRA's interest in the Argyle diamond project in the Kimberley region of Western Austrlia. PROJECT FINANCE DEFINED Nevitt Definition Nevitt's is the most frequently quoted definition - "A financing of a particular economic unit in which a lender is satisfied to look initially to the cash flows and earnings of the economic unit as the source of funds from which a loan will be repaid and to the assets of the economic unit as collateral for the loan." Risk and Balance Sheet Treatment It is important to focus in more detail on two aspects of project financing, risk and balance sheet treatment. The assessment of the various elements of risk in a project and the sharing of that risk between sponsors and lenders is the most critical feature. At one end of the spectrum is full absorption of risk by the sponsor(s). This can be described as "on risk" or "on credit" or "full recourse" to the sponsor(s) and is effectively a corporate financing. At the other end of the spectrum the lenders absorb the whole risk in a non-recourse financing which is "off risk" or "off credit" for the sponsor. The other aspect is the sponsor's balance sheet treatment. If the balance sheet of the economic unit undertaking the project and the financing need not be consolidated into the balance sheet of the sponsor (because ownership does not exceed 50%) then the financing may be described as off-¬balance sheet. If consolidation is required then the financing is described as on-balance sheet. Most project financings involve some recourse to the sponsor, i.e. they are limited recourse. Very few are non-recourse or off credit to the sponsor. Limited recourse financings may be on-balance sheet although many may also be off-balance sheet insofar as consolidation is concerned. However, sponsor support may very well be a contingent liability to the sponsor and require disclosure by way of note to the balance sheet should consolidation not be required. CORPORATE FINANCE CONTRASTED A financing which is on credit or full recourse to the sponsor, whether it is directly borrowed or guaranteed by that sponsor, is a corporate financing. Lenders will tend to base their credit assessment on a historical assessment of the sponsor's activities and its financial results rather than an assessment of the project or a detailed assessment of the future activities and prospects of the sponsor. PROJECT FINANCE - A BORROWER'S PERCEPTION Although CRA could choose to arrange all finance on a corporate basis (except perhaps for the very largest projects or acquisitions), project financing techniques provide a number of specific advantages which CRA has noted and which should be carefully considered by a project sponsor. Advantages

Jan 1, 1985

United Engineering Society ARTHUR S. DWIGHT KARL EILERS J V N DORR Engineering Societies Library Board SYDNEY H. BALL JOSEPH E POGUE GEORGE C STONE JOHN H. JANEWAY Engineering Foundation Board J. V N. DORR JOHN M CALLOW GALEN H CLEVENGER

Jan 1, 1923

United Engineering Trustees, Inc Engineering Foundation Engineering Societies Research Board Other Committees United Engineering Trustees, Inc. ARTHUR S. DWIGHT GEORGE D. BARRON J. V. N. DOER Engineering Societies Library Board ROBERT PEELS PHILIP W. HENRY GEORGE C. STONE JOSEPH E. POGUE The Engineering Foundation H. C. BELLINGER GALEN H. CLEVENGER J. V. N. DORR

Jan 1, 1929

By R. W. Dr. Raymond

(Read at the Philadelphia Meeting, February, 1878.) THE manufacture of ferromanganese in the blast furnace having been the subject of considerable attention in the Institute, I beg to put on record a contribution to the discussion from a quarter hitherto not directly represented, namely, the St. Louis furnaces, near Marseilles in France, belonging to a company of which M. Jordan, a member of the Institute, is Managing Director. These furnaces commenced in 1862 to manufacture specular pig (fontes à facettes) containing from three to six per cent. of manganese. In 1864 the regular production of spiegeleisen (fontes miroitantes), containing seven to ten per cent, of manganese, was inaugurated. At that time the Rhine was the only locality of this manufacture, and the Bessemer works of England and France obtained from Germany all their spiegel. From 1864 to the present time, the St. Louis furnaces have been advancing steadily the percentage of manganese in their product. From ferromanganese of thirty per cent. they had arrived, about two years ago, at a product containing seventy to seventy-five per cent., and for some time past they have been turning out what, as M. Jordan remarks, may fairly be termed fonte de manganese, or manganese pig, instead of iron, since the percentage of iron it contains is not more than 8.5, while the percentage of manganese is 85, or ten times as great. This very high grade material has a peculiar appearance, entirely different from that of ordinary cast iron or spiegel. It is granular, and steely gray in color. The following analyses, communicated to the Société to des Ingenieurs Oivils, by M. Jordan, show the composition of various products of the St. Louis furnaces :

Jan 1, 1878

Jan 1, 1939

By C. A. Pierce

STUDIES of roof and floor movement are of interest to those actively engaged in mining. This is especially true in the case of an entirely new area where there is no precedent for guidance. The potash deposit being mined is in the southeast corner of New Mexico, about 20 miles east of Carlsbad. The deposit was formed by the land-locked, shallow, Permian Sea that extended through parts of western Texas, Oklahoma, Kansas, southeastern Colorado, and eastern New Mexico. The saline deposits vary from 500 to 4000 ft. thick. Neither of the companies operating in this area has delimited its com-mercial ore bodies. As all production so far has been from Federal and State leases, the Department of the Interior and the State of New Mexico have a direct interest in the development and extraction of these ore horizons. The ore is composed of an intimate mechanical mixture of sylvite (potassium chloride) and halite (sodium chloride). It lies generally in a horizontal bed varying from 5 to 12 ft. in thickness, and has a cover of approximately 1000 ft., consisting of about 500 ft. of salt beds and 500 ft, of sediments. The immediate mine roof for several feet is principally salt with some potash and clayey material. The next 500 ft. above, from the standpoint of structure, may be considered rock salt with a few inter-bedded potash members. The upper 500 ft. is of sedimentary (Permian and Triassic) origin and contains several water-bearing formations with flows varying from 10 to 500 gal. per minute. This water intensifies the interest in convergence problems as the ore and surrounding for-mations are water soluble. Potash salt (sylvite) and rock salt (halite) are plastic minerals. Plasticity is defined as a "property of solids by virtue of which they hold their shape permanently under the action of small shearing stresses but are readily deformed, worked, or molded under larger stresses."1

Jan 1, 1938

Jan 1, 1942