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By H. D. Hoskold

As the theory and the practice of valuing mines have never been discussed in the Transactions, a paper on the subject may be acceptable, even though not exhaustive. The method here indicated is set forth, not as a model of perfection to be followed absolutely, to the exclusion of any other system based on sound scientific, commercial and equitable principles, but merely as an aid to mining engineers and financiers in estimating the value of mining-property. This paper is intended merely to point out certain financial features of the question, and not at all to go into the theories of the formation of mineral veins, extremely valuable as it must, of course, be to understand the laws of the earth's formation and of its various changes, which are the basis of such important sciences as geology and mineralogy, and highly useful as guides in determining the probable existence and extension of mineral deposits. Financial Elements of Mine- Valuation. The practice of basing the stock-exchange price of mining shares upon reports, periodically received from the mine-captain or manager, stating that in his opinion the mine is " improving " in this or that level, and is worth so much " per fathom," is, of course, absurd. Everybody experienced in metalliferous mining is aware that a mineral vein varies in thickness and also in percentage of metal in different parts of the same mine. According to the practice just indicated, a mine must have had as many values a per fathom " as there have been given reports upon it at intervals during the year,

Jan 1, 1903

By Henry M. Howe

The transformation which steel undergoes in slow cooling, from the condition of austenite whelk above the transformation rage into that of pearlite plus either ferrite or cementite below that range, is subject to great lag. This transformation is essentially the pearlitizing of the austenite. Indeed the hardenillg of steel is due to this lag, which is made so great by extremely rapid cooling that a very large part of the transformation itself is restrained, so that the rapid cooling catches the metal in an only partly transformed state, that of martensite, and under favorable contditions even in an almost wholly untransformed state, as in the cases of Maurer's austenitic manganese steel. Hadfield's austemtic. manganese steel, 25 per cent. nickel steel, and other anstenitic alloy steels, arc austenitic even after slow cooling. It has long been known that this lag increases (1) with the rapidity of cooling, (2) with the presence of certain retarding elements, notably manganese and nickel, and (3) with the temperature from which cooling starts. The present inquiry touches the last of these influences, but incidentally it throws light on the first also. This influence of higher heating ill increasing lag manifests itself in different ways which, though they may at first seem unrelated, are in fact hut different aspects of one and the same thing. Thus, among heatings to different high temperatures, all of them above the transformation range: the higher the temperature to which the steel is heated (1) the lower is the temperature at which the transformation occurs in cooling slowly down, (2) the shorter is the time occupied in the actual cooling from above the transformation range to the room Temperature under given external conditions, Whether of slow or

Jan 1, 1914

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Jan 1, 1940

By H. W. Turner

The axis of the middle portion of the Ural mountains is made up chiefly of highly compressed igneous and sedimentary schists, considered of Devonian age by the Russian geologists, with large areas of serpentine (peridotite originally) gabbro, etc,, intrusive in the schist series. In addition there are large areas of probably older granitic and gneissic rocks. The nickel deposits referred to in this paper are found in the Devonian schists and their associated igneous rocks. The gabbro-peridotite intrusions probably took place in late Devonian or early Permian time, inasmueh as the Permian and Carboniferous beds lie at gentle angles on the Devonian series on the west slope of the Urals. Perhaps the first attempt to work a nickel deposit in the Urals was made about 1866 in the Revdinsk district, which is situated southwest of Ekaterinburg. 3 was informed by a Russian that a wet method of extracting the nickel was tried but was not a commercial success. This deposit has been described by Muller,l Foullon, and Karpinski.3 Beck4 gives an abstract of these papers. ; Lying to the southeast of the Revdinsk district, the Sissert estate intervening, is the Verkhne-Ufalei district, which is traversed by the railroad from Ekaterinburg to Cheliabinsk, as shown on the map, Fig. 1, there being a station on this railroad at the iron-smelting town of Verkhne-Ufalci. About 7 versts (4.6 miles) north of this town is the Nijni-Karka-dinsk iron mine, which is a limonite deposit. In one of the shafts in this mine a serpentine rock showing a green mineral was encountered. A sample of this mineral collected in 1910 was tested by Mr. Wyatt, chief chemist of the Karabash laboratory of the Kyshtim Mining Works, and determined as nickel ore. A thin section of one piece of the serpen-

Jan 1, 1915

Six hundred miles inland from Australia's east coast Port of Townsville in Queensland's sea of rock and spinifex lies Mount Isa. The town, as in most mining towns, is dominated by its mine and the mine in turn is dominated by its 503 ft copper smelter stack. This candy and white painted stack is a striking introduction to one of the world's greatest copper producing mines and a town where people of over 40 different nationalities live remote but well. Mount Isa Mines Limited is surging into the ranks of' the world's great mines on the momentum of a relentless push begun in 1956. It is as if the time lost in the lean years of the past should be caught up in a hurry.

Jan 10, 1964

By L. P. Teas

The main facts brought out by the study of the blende-bearing ores examined are as follows: 1. Chalcopyrite as minute triangular or rectangular dots, or as

Jan 1, 1918

By H. Souder

The object of this paper is to bring to the notice of engineers a safety detonating fuse by the use of which misfires in blasting may be eliminated and safety in blasting operations promoted.

Jan 1, 1915

Jan 1, 1900

By Burdett Loomis

The advantages of gaseous fuel have been too fully set forth during the past few years to need recapitulation. Papers, arguments, and editorials have been issued, in a more or less general way, that would make volumes. Systems have found zealous advocates, and many promises of results that have sounded strangely in the ears of old-fashioned gas-makers, have been born of theory, and have died in the earliest throes of trial; while in some few instances success has demonstrated the value of practical effort. With few exceptions, however, everything attempted or accomplished has tended towards the one end-—the realization of more perfect results than we can

Jan 1, 1891

By Walter Harvey Weed

The enrichment of mineral-veins as a result of the migration of material from an upper oxidized or disintegrated part of a vein to a lower level, where it is redeposited, is now, I believe, quite generally accepted as one explanation of the occurrence of bonanzas in gold- and silver-veins, as well as that of bodies of high-grade ores in cupriferous deposits.* Vogt has called attention† to the fact that there are numerous examples of such rich shoots which are " of exclusively primary character, and dependent upon the laws which governed the original ore-deposition." To this I would add that there are also other examples which are neither of primary origin nor due to descending waters, but. result from a reopening of the veins and their penetration by ascending heated waters whose metallic contents are deposited by reaction with the primary pyrite (and possibly other minerals), forming "secondary" enrichments. My studies of the copper-veins of Butte, Montana, show: That the veins there are of several ages and systems; that the older primary quartz-pyrite veins were reopened by later movements, correlated with a period of volcanic activity; and that they were penetrated by hot alkaline waters carrying copper and arsenic in solution, which was deposited presumably by reaction with the pyrite of the original vein. The enormous development of the Butte deposits, attendant upon the extraction of nearly 10,000 tons of ore a day, has revealed many facts concerning the nature and distribution of the ores. Enargite, the copper sulpharsenate, formerly a relatively rare mineral, is now found to be the chief ore of some veins,

Jan 1, 1903

By AIME AIME

IN nonmetallic circles, probably no one is better known than Oliver Bowles, another of Canada's notable gifts to the American mining industry. The University of Toronto granted him B.A. and M.A. degrees in geology and mineralogy after he worked his way through that institution. He then spent some time in northern Ontario, and came to the States where he taught petrography and mineralogy at the state universities of Michigan and Minnesota from 1909 to 1914. Since then he has been with the U. S. Bureau of Mines, being honored with a Ph.D. from George Washington University in 1922. Since coming with the Bureau, the nonmctallics have been his field-particularly stone, slate, lime, cement, and

Jan 1, 1936

By Valentine R. Garflas

The Mexican oil fields, during 1921, produced in round numbers 203,000,000 bbl. of which 176,000,000 bbl., or 86 per cent., were exported, the bulk of these exports, or about 73.3 per cent., going to the United States. The Mexican exports were divided by grades as follows: Light crude, 47.0 per cent.; heavy crude, 22.0 per cent.; tops, 3.5 per cent.; fuel oil from light crude, 24.0 per cent. The balance, or 31/2 per cent., includes the bunker fuel shipments and the coastwise trade in Mexico, which is not classified as to grades. The figures show that, in importance, the light-oil fields form about 75 per cent. of the Mcxican petroleum industry. The production of the Panuco field has followed the general history of the American fields, and its gradual decline, which is at present foreshadowed, may be estimated as well as its ultimate economic life. On the other hand, the behavior of the light-oil fields to the south is unlike any in the world so far discovered, and as a result we have concentrated overproductions followed by sudden droughts, both sometimes equally unexpected. The coming in of two or three gushers within adequate pipe-line facilities will flood the market with 100,000 bbl. or more a day, while the flooding by water of a particular pool will, in a few weeks, remove from the market one-half the total production of the Mexican fields.

Jan 1, 1923

By Arthur H. Redfield

The West Indies are the summits of a submerged mountain chain, the continuation of which must be sought in the mountains of central Honduras. In Haiti, the chain divides, one branch passing through Jamaica and the other through Cuba, the Cayman Islands, and the Misteriosa bank. Suess divides the West Indies into three zones: The first zone is entirely of volcanic origin and includes many recent volcanic cones. It includes the arcuate string of islands, which extends from Saba and St. Kitts to the Grenadines and Grenada. The western half of Guadeloupe belongs to this group. The second zone consists of a geanticline, of which the sedimentary rocks range from the Jurassic to the Quaternary, but consist chiefly of Lower Tertiary sediments. In the west it is broad, including the whole of the Greater Antilles; but in the east it is restricted to a narrow belt, which includes the Virgin Islands (except Anegada), Anguilla, St. Bartholomew, Antigua, the eastern part of Guadeloupe and part of Barbados. The islands that compose the third zone are flat and low. Like the second, this zone is broad in the west and narrow in the east; it includes the Bahamas, Anegada, Sombrero, Barbuda, and part of Barbados. Geologically, Florida and the plain of Yucatan may be regarded as belonging to it. Trinidad and Tobago, though geographically adjacent to the Lesser Antilles, are geologically a detached part of the South American continent. The crystalline complexes of northern Trinidad and of Barbados are a continuation, en echelon, of the crystalline axis of the promontory of Paria. The folded Cretaceous and Tertiary of the central and southern parts of Trinidad represent a continuation of the folded sedinlents of the Paria district of Venezuela. Possible Oil-bearing Areas The volcanic islands of the inner arc of the Lesser Antilles may be excluded from consideration; these include Saba, St. Kitts, Nevis,

Jan 1, 1923

By T. S. Fuller

The work of D. J. McAdam, Jr.1,2 at the U. S. Naval Engineering Experiment Station, Annapolis, Md., on what has been called by him "corrosion-fatigue" has focussed the attention of the engineering profession in general, and of those interested especially in the study of corrosion in particular, on the importance of making tests which will indicate as nearly as possible what can be expected from a given material in service. Pitting is unquestionably the chief agent operating so tremendously to reduce fatigue limits, but in the light of previous work3, 4, 5, 6, 7, 8 it is fair to assume that absorbed hydrogen resulting from the action of the corroding medium upon steel may, under certain conditions, have a perceptible influence. The experiments described in this paper deal more precisely with stressless corrosion, or "prior-corrosion fatigue,"9 and have been carried out to test such an assumption, to segregate, if possible, the effect of pitting from that of absorbed hydrogen, and although very preliminary in nature they indicate results which are striking.

Jan 1, 1929

By Halbert Powers Gillette

In every chemical reaction heat is either developed or absorbed, and this plus or minus heat of formation is as definite in quantity as the weights of the reacting elements. In this paper I shall show that each chemical element and each chemical radical has its own definite heat-valency,—a fact which, so far as I know, has hitherto escaped the attention of investigators, but, I feel sure, will be admitted after the demonstration here given, and may lead to some practical conclusions of value. When Berthelotys " law of maximum work " was found to have so many inexplicable exceptions, the pendulum of a scientific theory swung away from a recognition of the truth underlying that proposition; and this reaction went so far that not only has thermal chemistry been relatively neglected by recent investigators, but it is not uncommon now to find textbooks on physical chemistry which practically ignore all that Thomsen, Berthelot and others have done. To this temporary tendency of thought I attribute the failure to recognize the principles herein announced and explained. Not long ago, while studying tables of the formation-heat of various salts, I noticed that in this respect all potassium salts in solution differ from the corresponding sodium salts by 9.3 cal.1 I found also that similar differences exist between other salts, not only when the basic radical is varied, while the acid radical remains constant, but also when the acid radical is the variable. Thus chlorine salts in solution differ from bromine salts in this respect by 10.9 cal. Upon further study, I found that Thomsen had noted similar constant differences, but, so far as I can ascertain, he appears to have attached no great significance thereto.

Jan 1, 1904

By G. Van Esbroeck

THE copper mines of the Katanga region in the Belgian Congo lie along the same mineralized belt as those of Northern Rhodesia. There are two distinct types of deposits in that belt, the dolomitic and the quartzitic. In the dolomitic type the metallic minerals are found in a dolomitic limestone country rock. Through oxidation and enrichment, large deposits of high-grade oxidized copper ores were formed, some of which are being worked by the Union Miniere du Haut Katanga. Such deposits are all in Katanga. The quartzitic deposits are found in Katanga and Northern Rhodesia. Here the primary mineralization occurred in sandstones and quartzites, in horizons stratigraphically lower than the dolomites. These rocks are not favorable to secondary enrichment and the oxidized zone is poorer than the sulphide zone, which alone contains the ore. There are also in Katanga a few ore-bearing veins. One of them is being worked in the Prince Leopold mine at Kipushi.

Jan 1, 1939

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Jan 12, 1959

Jan 1, 1920

By A. B. Young

In the original design of the flue system, the flues from the roasters delivered their gases to a large brick dust chamber which discharged into another flue with stack connection, as shown in Fig. 1. The treater is so situated that the gases are taken by it directly from the chamber and discharged again into the flue. The complete installation comprises two treater units, only one of which has been installed at present. The treater is essentially a flue 1.0 ft. high, 12 ft. wide, and 61 ft. long. (3 by 3.6 by 18.5 m.). Suspended inside, vertically and running lengthwise, are four banks of No. 20 corrugated iron plates; each bank is 10 ft. long, making an effective treater length of 40 ft. The spacing from center to center of the rows of plat,es is 9 1/8 in. (23 cm.) giving six-

Jan 1, 1921

By J. L. Huiatt, R. B. Tippin

Introduction Great Salt Lake Minerals & Chemicals Corp. (GSL), a subsidiary of Gulf Resources & Chemical Corp., is located on the east side of the Great Salt Lake, approximately 20 miles from Ogden, UT. GSL processes brine from the north arm of the lake to produce potash, salt cake, salt, and magnesium chloride brine. Potash fertilizer, in the form of K2SO4 is GSL's primary product. The CSL Sulfate of Potash Complex: The GSL potash complex (depicted in [Fig. 1]) is divided into a solar evaporation pond system and the process plants. The solar evaporation system consists of a 17,000-acre (68.8 km2) ponding operation where the various salts deposit during the summer evaporation season and a harvesting operation which recovers the deposits during the remainder of the year. The harvest is either preconcentrated in the flotation plant or processed directly in the chemical plant where sulfate of potash (SOP) is produced. The chemistry of the lake brine results in a solar deposit containing primarily kainite (KC1 . MgSO4 . 3H20), schoenite (K2SO4 . MgS04 . 6H20), and halite (NaCI), with some carnallite (KC1 . MgC12 . 6H20) and epsomite (MgSOq . 7H20). Other minerals may be deposited, depending upon the weather during the evaporation season. Each year, the solar deposit in the evaporation ponds will greatly depend upon the summer weather conditions, which have in the past proven to be quite unpredictable. Weather may alter both the quantity of the solar deposit and the composition of this deposit. During a "short" evaporation season, the tonnage deposited decreases, but depending upon the short-term weather, the potash mineral content can vary greatly. During an "erratic" evaporation season, with intermittent summer rains or

Jan 1, 1980