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By Joseph G. Wargo

An investigation of trends in exploration expenditures for a selected group of mining companies was undertaken for the interval 1968-1971. These trends were compared with financial factors that are associated with various groups of companies and the implications of these trends are indicated. The sample consists of 21 mining companies, of these, 19 are listed on the New York Stock Exchange and 2 are listed on the American Exchange. Twenty are American, one is Canadian. All are fundamentally "mining companies" in that they derive the bulk of their income from the ex- traction, sale, and at times, fabrication of metals from their own mines. This is in contrast to companies which have mineral exploration departments but derive the bulk of their revenues from sources other than mining, such as oil and gas sales. No companies which can be considered strictly as exploration companies are included in the sample. This definition held up in 1968, however, its strict application became more difficult through the years. In 1971, three or four of the companies were changing their character in that they were phasing out of the mining business and deriving a substantial part of their income from activities other than mining.

Jan 5, 1973

The useful minerals can be subdivided into two large groups. One comprises those which are mined because of their chemical composition. They represent the natural resources of certain materials or of energy (coal). The second group is used not because of their chemical composition but because of certain physical properties or combinations of physical properties. A large number of minerals are mined because of their hardness, their electrical and thermal properties, their color or plasticity. There has been increasing recognition of the value of mineral synthesis during the past 30 years. This is illustrated by the development of improved aircraft spark plugs and chemical porcelain about the time of the first World War. During World War II the impact of crystal chemistry upon ceramics became most pronounced. New ceramic bodies were tailor-made, such as those designed with a high dielectric constant and low power loss, for use in high-voltage, high-frequency communication. In the field of refractories special materials were needed for unusual heat-resisting service in jet and rocket engines, and in the processing of fissionable materials. The synthesis of natural minerals in the laboratory has long been of aid to geologists and mineralogists in their study of the origin of minerals and physico-chemical conditions under which certain minerals were

Jan 1, 1950

By Oliver B. Hopkins

During the year 1936, a new high record was established for Peruvian production, the total amounting to 17,594,689 bbl., which brought the cumulative production of the country up to 205 million barrels. The 1936 figure represents an increase of 530,288 bbl. over that of 1935. The property of the International Petroleum Co. contributed 369,577 bbl. of this increase and the Lobitos property 158,233. Exploration work in the country was continued. The Selden Breck Co. examined a strip of the National Reserve in eastern Peru from Tambo del Sur to the Rio Pachitea. This company was granted a concession for a term of four years embracing approximately 50,000 acres near the confluence of the Rio Pachitea and the Rio Ucayali. During the year, the Peruvian Government commenced drilling a well on one of the reserved zones at Zorritos. At the end of the year, this well had reached a depth of 1300 feet. La Rrea-Parinas Estate.—Production on the La Brea-Parinas Estate of the International Petroleum Company, Ltd., reached an all-time high in 1936 of 15,126,491 bbl., an increase of 369,577 bbl. over the 1935 record. The total production from 1890 to 1936 was 163,668,014 barrels.

Jan 1, 1937

By Joseph M. Dawson

Although eight new fields were discovered along the south central fault-line district of Texas during 1938, only one can be considered as of major importance. and as a whole the year was one of no very great development. Several prospects, particularly two, were condemned through drilling, which had been considered important for probable Edwards limestone production. The oil produced was approximately the same as during 1937; namely, about 9 million harrels. This, of course, does not represent potential production but that allowed under proration. The year witnessed the very rapid decline of operations and interest in Austin chalk production. It has been found that only in rare instances mill chalk production pay for itself, because the wells decline extremely rapidly and the recovery per acre, formerly estimated at 2500 bbl., is now considered to he around 1000 barrels. There was an intent interest in the drilling arid producing of edge and abandoned properties in the three Edwards lime producing fields; namely, Luling, Salt Flat and Darst Creek. Many good wells were completed on properties formerly considered below the water level or produced beyond the economic limit The Edwards is penetrated only a few inches and a very small charge of acid is used. The results have been surprisingly

Jan 1, 1939

By Frederick J. Rich

INTRODUCTION Coal characterization involves a variety of analyses which are designed to yield as much information as possible about the properties of coal. The types of analyses which are now regarded as necessary for any truly quantitative assessment of coal include the following: 1. proximate analysis 2. ultimate analysis 3. petrographic analysis The two traditional forms of analyses are the proximate and ultimate types. A proximate determination reveals the amount of moisture, volatile matter, fixed carbon, and ash which are present in the coal. Nowadays, a sulfur determination is usually included in the proximate analysis. The ultimate analysis, in contrast, includes a major alkaline oxide determination, which tells how much sodium, calcium, and potassium are found in a sample. Sulfur forms, i.e. sulfide and sulfate vs organic sulfur, are also identified as well as carbon, hydrogen, oxygen, nitrogen, and trace element concentrations. Proximate and ultimate analyses have been used for many years. The petrographic analysis, one which identifies and quantifies organic microcomponents of coal, is a comparatively new technique of coal characterization. Petrography adds great detail to a coal analysis and, to be sure, is a necessary component of any complete analysis. Coal is not at all uniform in its composition. Material from different mines within one coal-producing region will display varia-

Jan 1, 1983

By John Goheen

CONSIDERABLE work has been done in developing a pyrometer to measure the temperature of molten brasses, bronzes, and aluminum in the crucible. On account of the high melting points and the amount of zinc and sulfurous fumes given off from molten brasses, the conditions are somewhat severe for a thermocouple of standard design; but satisfactory results are obtained with a portable pyrometer, 3 ft. (0.9 m.) of connecting lead wire, and a special 5-ft. nickel-nickel chromium thermocouple, composed of rods ¼ in. (6.35 mm.) in diameter. The lower 12 or 24 in., as desired, may be made detachable so that new tips may be connected at little trouble or expense. The portable instrument need not be of the extreme high-resistance type, as the movable parts of the galvanometer of a lower resistance instrument may be better constructed to withstand the continuous handling such an instrument receives. Platinum-platinum rhodium thermocouples, protected with porcelain and graphite tubes, have been used, but the lag in registering the temperature is too great. It has been found that the range of temperature for various brasses is as follows: Red brasses 2200-2250° F. (1205-1234° C.) Yellow brasses 2250-2400° F. (1234-1318° C.) Bronzes 2300-2550° F. (1260-1400° C.)

Jan 11, 1921

By Charles M. Stone, Dale S. Preece

Introduction The Strategic Petroleum Reserves (SPR) is a national program dedicated to storage of large quantities of crude oil in leached salt caverns in the Texas-Louisiana gulf coast area. The program has required storage in existing caverns at each site and includes plans to leach new ones. The structural stability of each cavern depends on the behavior of the surrounding salt. In the past cavern stability has been predicted based on experience with other caverns in the vicinity. With the development of good non-linear finite element structural computer programs, it is possible to predict stability before the cavern is created. An important step in verifying the applicability of these predictive methods is comparison of analytical and field data. The analytical data come from finite element analyses of a specific cavern where the laboratory determined material properties and an approximation to the cavern geometry are used as input. These comparisons have been made for caverns in the Bayou Choctaw Dome (Louisiana) and Eminence Dome (Mississippi) with reasonably good correlation being obtained between measured and predicted volumetric response of the caverns. This paper discusses 1) the acquisition of material properties, 2) the finite element program SANCHO, and 3) the comparison of analytical and field data for each of the caverns.

Jan 1, 1982

By J. Kent Smith

Vanadium is generally spoken of as a rare element; but, even in the light of our resources as known a couple of years ago, this description could be accepted in a qualified sense only. In fact, vanadium is very widely distributed, being a constituent of most clays, while even caustic soda has been shown to contain almost regularly a minute proportion of it, although the quantity in each case is so small as to render impracticable the extraction of the metal therefrom with profit. The opening-up of a large deposit of vanadium sulphide ore in South America has put a new phase on the commercial outlook of vanadium, the technical value of which for the improrement of steel has been proved by rigorous scientific investigation. This sulphide ore has the following analysis: Per Cent. Vanadium sulphide,.39.84 Molybdenum sulphide,.1.57 Nickel sulphide,.........1.49 Iron sulphide,.........4.07 Arsenic sulphide,.. nil. Copper sulphide,.. nil. Manganese sulphide,..nil. Free sulphur,..30.57 Phosphorus,...nil. Silica,....13.60 Alumina,..........2.46 Combined water, 5.00 Carbonic acid, Lime, magnesia, potash, soda and unaccounted for, 100.00 Being a free-burning ore it is calcined with ease, losing 45 per cent. of its weight in the process. The calcined ore has the following analysis:

Jan 1, 1908

By Y. L. Su, R. Stefanko, Y. J. Wang

This chapter describes a new approach to the solution of stress distribution around underground openings utilizing the finite element method and employing stochastically simulated rock properties. It is well-known from extensive laboratory tests that the properties of rocks, e.g., Young's modulus and Poisson's ratio, are not single-valued but form some distribution. If the scatter of test data is attributed to the variability of the rock itself rather than due to an inadequacy in test procedure, then stress solutions have to consider these variations. Utilizing this basic philosophy, the present study was initiated. A long circular opening subjected to plane strain in a hydrostatic stress field was chosen as a specific example to illustrate this approach. The technique adopted in solving stress distributions was based on the finite element method. This method is essentially a generalization of standard structural analysis procedures in which the continuum is idealized as an assemblage of "elements," interconnected at a finite number of nodal points. It is capable therefore of handling different material properties for individual elements in the model, if desired. In this study, each individual element was assumed to be isotropic, homogeneous, and elastic. However, values for Young's modulus and Poisson's ratio were randomly varied from element to element according to an assumed frequency distribution.

Jan 1, 1970

By Robert M. McGeorge, Edward S. Frohling

Most mining engineers and metallurgists who get out of school usually wind up working for a large or medium-sized company and are seldom heard of again. The enterprising few who decide to go into business for themselves soon discover that while they can adequately tackle the various technical problems involved in developing a new ore body, they know little about putting together a feasibility study-and even less about financing their project. If you are in that predicament, you'll probably tend to view the financing problem as insurmountable, especially when the economy is in a slump, capital is scarce or seemingly non-existent, the equity market is in the doldrums, labor and equipment costs keep going up relentlessly-and, to make things worse, you must operate within the competitive context created by large mining firms that seem to have in abundance all the capital and managerial expertise you feel you lack. If it's any consolation, many potentially successful properties, whether owned by big companies or small firms like yours, never reach the production stage either because of illogical expenditures made in the early phases of development or because of inefficient management. And inefficient management is a common plague in big and small companies

Jan 9, 1975

By James Cudworth

THE Birmingham district of Alabama has utilized the slag from its blast furnaces consistently since the earliest development of the slag industry. Today there are producers of slag cement who started business in 1900, and who have, under a progressive policy, expanded the number of their products to meet present demands. There are producers of slag aggregates and other crushed slag products who have been successful for periods of over thirty years. There are at the present two companies, Cheney Lime and Cement Co. and the Southern Cement Co., manu-facturing puzzolan cement; three companies, Birmingham Slag Co., Woodstock Slag Co., and Swann Chemical Co., making slag aggregates and by-products; one company, Tennessee Coal, Iron and Railway Co., a subsidiary of the U. S. Steel Corporation, producing ground open-hearth basic slag for soil conditioning. Two companies, the Sloss Sheffield Steel and Iron Co. and the Woodstock Slag Co., make slag concrete in ready-mix plants and one company, the Superock Company, manufactures fine and coarse slag aggregates under a new granulation process. No Portland cement is made with slag as an ingredient, because dolomite is used so extensively as a blast-furnace flux that the magnesium content of the slag is excessive.

Jan 1, 1937

By George B. Clark

THE geological data emphasized so successfully in prospecting for new deposits, that is, structural controls, strength of solutions, and type of mineralization, are basically those required for successful exploitation. In the mining of newly discovered deposits the most economical methods should be employed as early as possible to keep the overall cost per unit produced at a minimum and to permit maximum extraction of valuable minerals. A crucial question is: How can geological data be translated into useful quantitative results which will aid in achieving this end? H. E. McKinistry1 has suggested that a solution may be reached in one of two ways: 1-the usual approach, use of judgment based on experience; or 2-mathematical calculations and tests on models, both subject to certain limitations. He also suggests that in addition to better use of geology more case data and theoretical data are needed on which to base sound judgment. Further research, therefore, is necessary. Perhaps in this field the emphasis should be on more specialization in mining methods and ground movement by men with thorough training in physics, engineering, geology, and underground mining. These specialists would be equipped to point out the most economical and scientific methods of exploitation.

Jan 8, 1954

By P. A. Beck, A. H. Lutts

IN the classical picture of recrystallization the growth of strain-free grains at the expense of a strained and work hardened matrix is responsible for the softening of cold worked metals on annealing. It has been commonly assumed that the release of the stored energy of cold work, softening, and re-orientation take place simultaneously, as the high angle boundaries of the new recrystallized grains sweep over the cold worked matrix. However, recent evidence indicates',' that, at least in some cases, considerable or even complete soften- ing may take place essentially without reorientation (i.e., without the migration of ordinary high angle grain boundaries, or "recrystallization'') and the release of most of the stored energy of cold work may precede softening. These cases suggest that the property changes, taking place during the annealing of cold worked metals, may be associated with various distinct processes. The study of such situations is of considerable interest, since quantitative data are still scarce. In the present work, isothermal softening curves were determined for a heavily rolled aluminum single crystal, under such conditions that no "recrystallization" occurred until after complete softening. The hardness data were correlated with X-ray diffraction pinhole patterns in order to detect any reorientation that may occur and with measure-

Jan 1, 1955

By A. D. Kennedy

No major breakthroughs in concentration technology were made during the year, but solid advances were made in engineering. Perhaps the most significant was the growing acceptance of the unified or "systems approach" to mineral extraction, processing, refining, transportation and marketing. Under the systems approach, transportation is no longer some- one else's business, but a high cost item within the planning engineer's purview. The Savage River pipeline 1,2 and the Marconaflo process3,4 for land and ocean transport of iron ore slurry, are examples showing that evaluation of transportation as part of a unitized system can lead to innovation, and the determination of the physical location of some of the operations. There is even speculation that the cost reductions possible by ocean transport of iron ore slurry may bring in more plants using direct-reduction steelmaking processes.4 Some perennial problems can be solved by application of the systems approach; for example, under this concept the replacement of three small shovels in the pit with two larger shovels is not permissible on the basis of lower operating costs; the resulting change in ore blending upon metallurgical performance must first be evaluated to prove whether or not the change is economically beneficial to the entire operation (perhaps new storage-blending facilities will be indicated).

Jan 1, 1970

By P. N. Ivanov

The world experience shows that the tremendous potentialities of the computers and other technical means in improving management efficiency are not fully utilized. One of the causes is the tendency to solve the problems of management automation divorced from the management methods and schemes which demand continuous improvement in view of the steady progress of the social production. It may be safely affirmed that making decisions on management improvement divorced from management schemes or on both divorced from management automation problems cannot lead to success. The grave and sometimes unsuperable difficulties encountered in management automation arise from copying traditional management methods and schemes without solving the problems which exist both in management and automation fields. The system solution of management problems has unquestionable advantages and is not proposed for discussion. What is proposed to discuss is the difficulties emerging in developing a methodology of the system approach to management improvement and automation. Though aware of the fact that the questions proposed for discussion are not new, we think it advisable to briefly review them, first because they fall in the "chronically unsolvable" category, and, secondly, as it will enable us to illustrate the method of solving them in the framework of the proposed system approach.

Jan 1, 1977

By J. G. McCullough

The paper is a general description of the U.S. lead and zinc industries as they are now compared to ten years ago and the effect of recent world-wide developments. Topics of interest concerning lead are the present and potential growth of the lead-acid battery business, the potential hazards of having one outlet for a major proportion of production, the expanding U.S. secondary lead production, the hardships of stringent hygiene and environmental regulations and the future supply and demand outlook. The present poor condition of the U.S. zinc industry caused by an oversupply of zinc metal - mostly in Europe - is discussed and also the shifting markets influenced by the automotive programs to reduce the weight of cars and the continuing high mine production due to the mixture of metals contained in the massive sulphide deposits which contain a major portion of the zinc metal reserves. This is all tempered by technical advances in die casting and the emphasis on the protecting of steel with zinc to prolong its useful life. New U.S. mine and smelter production facilities will be restrained due to lower cost foreign zinc from better grade ore deposits and the insistence by Governments for refining capacity to be constructed in the country that the ore is mined.

Jan 1, 1977

By P. L. De Bruyn, R. J. Charles

The transfer of kinetic energy of translation into other forms of energy by impact is a fundamental process in most crushing and grinding operations. During and after the impact process the original source energy may be accounted for in any of the following possible forms: 1) Kinetic energy of translation of both the impacted and impacting objects. 2) Kinetic energy of vibration of the components of the impact system. 3) Potential energy as strain energy of the components of the system or in the form of residual stresses. 4) Heat generated by internal friction during plastic deformation or during damping of elastic waves. 5) New surface energy of fractured materials. At any instant during the impact process only the strain energy of the components of the system can contribute directly to the brittle fracture process. If fracture is the desired result, as in comminution, it would seem advantageous to choose or arrange the conditions of impact so that a maximum amount of the original kinetic energy could be converted to strain energy at some moment during a single impact. The present work deals with determination of these desirable conditions for a simple case of impact and application of the principles involved to general cases of impact.

Jan 1, 1956

By John W. King

Uranium ore was first discovered in the Edgemont district of the southern Black Hills in the summer of 1951. The discovery was not made known for some time, but after the news leaked out prospecting became intense, and several hundred claims were staked in the spring of 1952. The Hot Springs Sub Office of the Atomic Energy Commission was established at that time and airborne radiometric surveys were commenced by the Government and by private companies. During the succeeding summer another important discovery was made by private airborne surveys in the northern Black Hills, and the area favorable for uranium ore was expanded many times. Between that summer of 1952 and the present, many individuals and groups have explored, developed, and exploited their claims until now uranium ore is produced in significant quantities and substantial reserves have been developed. The Black Hills portion of the geologic map of the U. S. issued by the U. S. Geological Survey is shown in Fig. 1. Sedimentary formations are exposed as a series of cuestas and hogbacks in a roughly annular pattern with the older sediments resting on the pre-Cambrian core, which is exposed in the eastern and southern portions of the dome.

Jan 1, 1956

By Harold B. Goldman, Don Reining

The sand and gravel industry is the largest nonfuel mineral industry in the nation (Drake, 1972), Table 1. In 1970, the production of sand and gravel totaled 944 million tons valued at $1.1 billion. California, which leads the nation with more than 140 million tons, together with Michigan, Ohio, Minnesota, Illinois, Wisconsin, and New York, account for 43 % of the total production in the nation. In commercial usage, "sand" applies to rock or mineral fragments ranging in size from particles retained on a No. 200 sieve (0.074 mm openings) to those passing a No, 4 sieve (4.76 mm openings). "Gravel" consists of rock or mineral fragments larger than 4.76 mm, ranging up to 3%-in. maximum size. The construction industry consumes 96% of the sand and gravel produced; the remainder is sand used for specialized products such as glass (see the chapter on "Silica and Silicon"). Utilization The building industry uses sand and gravel chiefly as aggregate in portland cement concrete, mortar, and plaster; the paving industry uses sand and gravel in both asphaltic mixtures and portland cement concrete. Aggregate is commonly designated as the inert fragmental material which is bound into a conglomerate mass by a cementing material such as portland cement, asphalt, or gypsum plaster.

Jan 1, 1975

By E. Goldin, H. J. Juretschke

THE electrical properties of porous conductors have been studied ever since such materials, usually prepared by pressing and sintering of metallic powders, obtained practical importance. In most cases, however, the results have not been easy to interpret because of the great number of independent variables such as powder size, pressure, pressing rate and temperature, subsequent thermal history, porosity, and so on, which enter into the fabrication of industrially desirable materials. In recent years an interpretation of these properties has become of interest because the electrical properties of many new substances, prepared as fine powders by crystallization from the vapor phase or by reactions in the solid state at high temperatures, have to be determined on porous samples formed from the powder. Since theoretically significant information must refer to the fully dense state of the material, it is important to relate the electrical properties measured on such porous samples to those expected for a sample of 100 per cent density. A simple theory for the porosity dependence of the electrical conductivity and the Hall effect was recently proposed by Juretschke, Landauer, and Swanson.' Their model, assuming a distribution of pores of equal size and shape, sufficiently far apart so that each pore is embedded in a region of uni-

Jan 1, 1959