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By Robert Vinson

This article examines the spatial variability of dust concentrations within a coal miner?s breathing zone and the impact of sampling location at the cap lamp, nose, and lapel. Tests were conducted in the National Institute for Safety and Health Pittsburgh Research Laboratory full-scale, continuous miner gallery using three prototype personal dust monitors (PDM). The dust masses detected by the PDMs were used to calculate the percentage difference of dust mass between the cap lamp and the nose and between the lapel and the nose. The calculated percentage differences of the masses ranged from plus 12% to minus 25%. Breathing zone tests were also conducted in four underground coal mines using the torso of a mannequin to simulate a miner. Coal mine dust was sampled with multi-cyclone sampling cans mounted directly in front of the mannequin near the cap lamp, nose, and lapel. These four coal mine tests found that the spatial variability of dust levels and imprecision of the current personal sampler is a greater influence than the sampler location within the breathing zone. However, a one-sample t-test of this data did find that the overall mean value of the cap lamp/nose ratio was not significantly different than 1 (p-value = 0.21). However, when applied to the overall mean value of the lapel/nose ratio there was a significant difference from 1 (p-value < .0001). This finding is important because the lapel has always been the sampling location for coal mine dust samples. But these results suggest that the cap location is slightly more indicative of what is breathed through the nose area.

Jan 1, 2007

By James Tarr, Matthew Eichler, Brent Tardif

ANFO was being used as one of the blasting agents on a construction site in New England. Groundwater was encountered in numerous blast holes. The blasting contractor was employing typical explosives loading procedures for wet conditions. An abutter to the project complained that blasting caused her well water to have an odd taste and smell. Through testing, it was determined that there were hydrocarbons and nitrates in the well water. Several days later a second neighbor complained of foul tasting water; again it was determined that hydrocarbons and nitrates were present.

Jan 1, 2003

By H. A. Doerner

"The following report is submitted, in compliance with the request made by the Honorable W. H. Sproule, Chairman of the Committee on Mines and Mining, to the Director of the United States Bureau of Mines, that the bureau investigate the most modern processes for the production of radium from its ores. A thorough search of technical publications and patent office files was made. Outstanding authorities on the subject as well as persons claiming novel or secret methods were interviewed.Unlike most other elements, it is not possible for radium to occur naturally in a pure or concentrated form. This is because radium is one of a series of unstable elements which, by a constant, spontaneous, atomic disintegration, change from one element to the next in the series. Uranium is the ""grandparent"" of radium. The rates at which radium atoms are ""born"" and ""die"" are so related that only one part of radium can exist in equilibrium with three million parts of uranium. Consequently radium is only found associated with uranium minerals, and the ratio of radium to uranium is never more than one to three million. Since uranium is a rather rare element, the scarcity of radium is almost beyond comprehension. Nevertheless minute traces of radium can be detected in nearly all rocks.The carnotite ores of Colorado and Utah were the chief source of radium for many years.In the fall of 1922 news of the very rich deposits of radium ore discovered in the Belgian Congo caused most complete cessation of domestic production. The Congo ore contains pitchblende and a number of alteration products, including the new minerals bequerelite, curite, krasolite, stasite, and dewindite. Reports indicate that a considerable amount of ore containing over 50 per cent uranium oxide has been produced. It seemed certain that radium could be extracted from the Conga ore at a much lower cost than from the relatively low-grade carnotite; and in order to preserve their elaborate marketing organizations, the larger American producers made agreements with the Belgian syndicate to market the foreign product in this country. The retail price of radium has been held at $70 per milligram, but large orders are filled as low as $50. Extraction of radium from carnotite by the usual methods does not appear to be profitable at that price with one exception, all American firms ceased production after their accumulated stocks of ore had been treated. The United States Radium Co., which continued to treat carnotite for several years, finally shut down its plant."

Dec 1, 1930

By F. H. Chen

the Rocky Mountain Region since 1950, drilled pier foundations have been widely used to combat structural movement problems in expansive soils. It is now an accepted practice for engineers to use drilled pier foundations in expansive soil areas. Piers are generally drilled into bedrock in a zone unaffected by moisture change. With some exceptions, such system has successfully prevented damage incurred in the structures as the result of soil expansion. In the last 15 years, no significant advancement has taken place in the design of the drilled pier system on expansive soils. Numerous failures continued to be reported. Causes for the failures were placed on poor drainage, inadequate void under the grade beams or mushrooms on top of the piers. Engineers realize that these are certainly not the major problems. The basic design criteria should be critically reviewed. It is the purpose of this paper to point out the actual problems confronted by designers, the failure module and remedial measures, The writer does not claim to have the solutions. In fact, it will be a long time before real solutions can be found, yet the writer believes the engineering communities, the construction industry and the general public should be aware of the true picture of the problem.

Jan 1, 2010

By Ting Lu, Gerard Laman

"This document compares the systems of coal classification described under ASTM standards used in Canada to GB standards used in China. A preliminary connection of metallurgical coal classes was set up between the two classifications. In GB classification system, there are nine metallurgical coal groups, namely PS, SM, JM, FM, ½ ZN, RN, 1/3 JM, and QM used in coal blending for coke production. PS coal is almost equivalent to the Low Volatile Bituminous coal; SM, JM, and FM coal groups fall into Low to Medium Volatile Bituminous range; ½ ZN, RN, 1/3 JM, and QM are equivalent to bituminous coal with medium to high volatile matters; QF contains higher volatile bituminous coal compared with High Volatile Bituminous coal. The caking properties commonly used in respective country are also compared in this document. These properties include free swelling index (FSI) and maximum fluidity used in Canada, as well as caking index (GR.I.), and the maximum plastic layer thickness (Y) mainly employed in China. It has been observed that the log of the maximum fluidity has a stronger correlation with the caking index than the Y values. Metallurgical coal processing strategy and typical coking coal product qualities are briefly discussed in the last section of this paper. Currently there is a trend to use heavy medium cyclone in both countries. In Canada the conventional two-product cyclone technology is the preferred practice; whereas in China the three-product heavy medium cyclone arrangement is widely used.INTRODUCTION Coal can be simply classified by applications into two categories: i) thermal coal used to provide heat energy in combustion, and ii) metallurgical coal which is converted to coke, in a carbonization process, and used mainly in the iron and steel industry. Metallurgical coal contains even higher heating values than thermal coal. In addition, it presents unique plastic properties during carbonization which in turn produces a porous solid, high in carbon referred to as coke. Coke is one of the most important raw materials in the iron and steel industry."

Jan 1, 2012

By Ravichandar. D., K. B. Nagashanmugam, M. S. Pillai

"Blast furnace performance depends strongly on the coke reactivity index(CRI) and coke strength after reaction (CSR) properties. An innovative and cost-effective method, known as the Salem Box Test, has been developed to prevent the mass production of inferior coke unsuitable for blast furnace use. This method consists of coal carbonization on a micro-scale and involves charging approximately 18 kg of coal blend in a stainless steel box, carbonizing it together with coal cake in the plant coke ovens, and testing the coke produced for CRI and CSR to determine its suitability for blast furnace use. Only coal blends that yield coke with CRI <25% and CSR >64% are permitted for mass production, and other coal blends are either rejected or the blending ratios adjusted in an attempt to upgrade them. The experimental results reveal that, for a given coal blend, the quality of coke produced by the Salem Box Test is comparable with that produced by bulk production, indicating that the test is acceptable as a screening tool for regular use. The present paper describes the methodology and application of Salem Box Test to predict the suitability of coke for blast furnace use at JSW Steel Limited, Salem Works (JSWSL), and illustrates its advantages in adjusting the coal blending ratio to produce superior coke, in detecting coal contamination, and in preventing bulk production of inferior coke."

Jan 1, 2015

By G. Lipsett, S. Dessureault

Information technology (IT) initiatives in the past have tended to be sold on their ability to maximize resource output and return on capital by allowing assets to be used more effectively and efficiently. Many IT projects fail, not delivering return on their investment. This is known in the IT industry as the “productivity paradox,” where increasing investments in IT do not result in comparable increases in productivity. Experiences and studies of most business sectors reveal that this paradox is rooted in the false assumption that more IT spending automatically results in financial benefit, whereas the benefits are in how effectively IT is used. Most business sectors have accepted that re-engineering of processes is required to gain the full benefits promised of IT. A mining operation has organizational processes similar to most business sectors, but unique operational processes. The lessons of changing business practice in more common business processes, such as inventory control and customer-supplier relationships, can be adequately transposed into a mine setting. The unique operational processes in mines, in turn, require unique redesign efforts. Several enabling information technology opportunities have recently become available, such as more integrated mine production management systems and tactical manager training simulators. This paper reviews some of the latest IT products and outlines the processes and kinds of change that will be required in order to benefit from these new investment options.

Jan 1, 2009

By Lewis M. Haupt

Discussion of the paper of Mr. Granger, presented at the New Haven meeting, February, 1909, and published in Bulletin No. 25, January, 1909, pp. 1 to 37. LEWIS M. HAUPT, Philadelphia, Pa. (communication to the &apos;Secretary*) :-This subject is of great interest to me, and I am noting progress and conditions as a test of my own judgment in advocating what I believed to be the nearer, cheaper and better route at Nicaraugua. I have as yet learned nothing to change my views, or modify the convictions which led me to retire from the Commission; but that is not the issue to-day. Our government is committed to the Panama route, and is bound to " make good." There are many points presented by Mr. Granger which seem to me worthy of very serious consideration. But when all is said there remains the risk of seismic convulsions, to which either form of canal is subject; and I fail to see that the risk would be reduced by making the cut deeper, with greater surcharge of lateral pressure upon the side walls. A severe earthquake in the rainy season would doubtless close either type of canal. One of the arguments in favor of the Panama route most insisted on, was that Nature had provided good natural harbors at its termini. Recalling this, it has interested me to note that the cost of creating the necessary harbors is estimated at $27,000,000. Mr. Granger refers to this, and quotes the Board&apos;s report to the effect that, on the Atlantic side, it will require 5 miles of jetties to " make an excellent harbor out of a wretched one." The vulnerable part of Mr. Granger&apos;s paper seems to me to lie in the admission that the plant required is still in the embryonic stage, and that at least one machine should be built and tested " to demonstrate that the theoretical strains and forces work out in practice exactly as expected." This, how-

Jul 1, 1909

By B B. Beamish

Long-hole directional drilling for in-seam exploration was introduced to New Zealand at Huntly West Mine in 1989. Following the success of this initial drilling program the Coal Corporation of New Zealand (CoaICorp) purchased its own drilling equipment and proceeded to adopt the technique with in-housetraining. From July 1991 to September 1992 a total of 15 455 metres was drilled at Huntly West Mine. During this period several modifications were made to the drilling technology to suit the ground conditions. The resulting interpretations of the drill information enabled reliable seam definition to be incorporated in mine planning. Since January 1993, the technique has been transferred to the Huntly East Mine to assist with seam definition for the planned development westwards under the Waikato River. The benefits of this drilling technique to coal mine planning are now well documented in Australia and New Zealand as well as other overseas countries. The possibilities of adapting the long-hole drilling technique to hard rock applications has been illustrated recently with successful cross-measure drilling at Huntly East Mine.

Jan 1, 1993

By Donald James Butler

Problems resulting from underground mines in three inactive mining districts in Colorado were investigated. The purpose was to determine how these problems could be reduced or eliminated in new closings -- essentially by benefitting from lessons of the past. Mines in Leadville, Westcliffe and the Cripple Creek-Victor districts were evaluated. Two basic types of problems were found to exist in the districts: environmental degradation and hazardous conditions. Environmental problems result largely from acid and toxic drainage from the runes and from leaching of surface waste rock piles and mill tailings impoundment. The acid drainage contributes high levels of metals to streams and deposits sediment in the stream bottoms. Erosion of waste piles is a lesser problem. Hazardous conditions from open or improperly sealed mine shafts and adits, mine subsidence pits, and from deteriorating and unsafe surface structures are common to the three districts. These problems become worse with the ravages of time and vandalism. Engineering solutions which would correct or reduce many of these problems are presented. These recommendations should also be applied to new mine closures, however, more basic changes are needed to effectively implement improved mine closures. The changes must take place in the areas of legislation, mining practices and education. Legislated regulations should realistically reflect the needs of both the mine operators, protection of the environment and the best interest of the general public. Benefits should be provided for compliance with regulations instead of penalties being assessed for noncompliance. Hazardous conditions and environmental problems associated with mines can be alleviated through improved mine design and effective cloning procedures. Education should provide an appreciation by the general public of past and present problems facing mine operators. This will result in an improved mining climate which, in turn, will insure a continuing supply of minerals to meet increasing needs.

Jan 1, 1983

By C. E. Julihn, Lowell B. Moon

"INTRODUCTION To increase the supply of ore needed to produce steel the Bureau of Mines has explored 187 mineral deposits containing chromium, iron, manganese, cobalt, nickel, fluorspar, tungsten, vanadium, or coal during the fiscal years. 1940-44, the deposits thus explored were selected from several thousand that were first examined to appraise their possibilities. The objective of the exploration was to determine the tonnage and grade of ores upon which mining, operations might be based, and the metallurgical processing that was most suitable for their utilization.Most of these deposits were sub-marginal by pre-war standards; hence there had been no incentive for their exploration, yet many such deposits were known to exist that probably contained ore sufficient in grade and amount to be utilized as war reserves.Some of the Bureau's exploration projects have disclosed substantial or even very large amounts of ore, much of which is fairly high in grade. In a few of them bodies of high-grade ore have been found, though in others the tonnage has proved to be too small or too low-grade for utilization."

Mar 1, 1945

By Wilton Pacheco de Araújo

A siderurgia gera grandes volumes de escória de aciaria como coproduto e precisa incrementar o aproveitamento desse material em novos processos para evitar a disposição em aterros, aumentando a competitividade do setor. Este estudo tem como objetivo caracterizar a escória de aciaria LD da Usiminas em Ipatinga-MG, buscando avaliar o seu potencial para uso como corretivo agrícola e fonte de nutrientes para agricultura. Foram utilizadas técnicas analíticas tradicionais e microscopia para determinar suas principais características. Os resultados mostraram que uma etapa a mais de separação por peneira (2 mm) no processo rotineiro de remoção de metálicos é possível produzir um produto com características químicas e granulométricas estáveis para se constituir um corretivo agrícola comercial. O material apresenta características superiores aos corretivos tradicionais, pois além de corrigir o pH, fornece nutrientes importantes para a agricultura. O processo mais lento de hidratação dos silicatos e de liberação dos nutrientes pode ser interessante para o fornecimento progressivo desses compostos dando longevidade ao corretivo, reduzindo potencialmente o custo de aplicação.

Aug 16, 2017

By P. S. Paul

Mine accidents/injuries are complex and generally characterized by several factors, from technical to social characteristics. In this paper, a sociotechnical model for work injury in mines was developed and tested through structural equation modelling with application to case study mines in India. In total 14 variables were considered in this study. Most of the variables are not directly quantifiable. Instruments were developed to quantify them through a questionnaire survey. Underground mineworkers were randomly selected for the survey. Responses of 300 participants were used for the analysis. The analysis was conducted in three parts. Firstly, high-low plots were constructed to explore the variations in responses to the questionnaires by the accident involved (AG) and non-involved (NAG) workers. Secondly, a t-test was conducted to see whether the responses were significantly different for the two groups or not. The chi-square results showed significant differences of responses among the two groups. Finally, how these difference scan cause accidents/injuries in mines was hypothesized and evaluated using structural equation modelling. The measurement model of the Linear Structural Relations (LISREL) program was used to identify the latent constructs of the sociotechnical model. The structural model of LISREL was used to estimate the interrelationships among the constructs. The case study results showed that there is a sequential interaction among the sociotechnical factors leading to accidents/injuries in mines. Work hazards induce more job stress in the workers while social support mitigates the same. Job stress and safety environment predict the workers? job involvement. A worker who is more job-involved exhibits better safety performance, which in turn reduces work injury. The safety environment is shown to have a direct mitigating effect on work-related injury. The findings of this study clearly revealed that job stress and safety environment are the two key factors influencing work-related injuries in mines that need to be addressed properly through effective safety programmes.

Jan 1, 2005

By Donald O. Capstick

A mineral resource evaluation of the Coyote-Southeast RARE II area (No. 5033) was performed jointly by the U.S. Bureau of Mines and the U.S. Geological Survey in 1981 for the U.S. Forest Service RARE II program. Bureau of Mines personnel conducted a mineral resource inventory of the study area&apos;s mines, prospects, claims, and mineralized outcrops. The study area&apos;s boundaries encompass 51,700 acres on the east flank of the Sierra Nevada and are within Inyo National Forest southeast of the city of Bishop in east-central California. Cretaceous granite underlies most of the area; the remainder of the rocks are metasedimentary. At the contact of the two, tactites formed at many places where carbonate rocks were present; replacement processes produced local scheelite (calcium tungstate) occurrences.

Jan 1, 1983

By Faruk Oksuz, Phillip L. Covell, Martin Doll

A series of difficult ground conditions causing high groundwater inflows and hazardous gas intrusion abruptly halted the construction of a 6.4-meter (21-foot) finished diameter and 1,890 meters (6,200 feet) long tunnel planned to serve as a 4-millioncubic meters (1-billion gallon) per day capacity river outfall for treated wastewater. Some 808-meters (2,650-feet) section of the constructed tunnel, TBM, and all other tunneling equipment were completely flooded with hydrogen sulfide laden artesian groundwater. The subsequent pumping and tunnel recovery efforts were unsuccessful and the tunnel was abandoned. In the end, the construction contract was terminated and options to redesign and reconstruct the project were re-evaluated to maximize the use of already constructed tunnel facilities such as the construction access and inter-mediate shafts and six outfall diffuser shafts in the river.

Jan 1, 2007

By Rogerio Castejón

The evolution on the computer in the last 10 years have caused a big change on the way the mining companies are doing exploration. The following factors have contributed to that change: the downgrade of computers and software cost associated with the “usability” (easy of use) of the present systems (remember the old DOS and UNIX systems). New systems are more focused on the users rather than on the experts in applications, meaning that the geologist must understand geology and not operational system, programming, etc. Market conditions requires exploration to be faster and more intelligent than in the “old” times, and companies are always demanding quicker answers from their geologist group as well as lower exploration budgets. Exploration teams must be more effective and efficient. In this sense, the only way to achieve those requirements is to use the proper techniques, methods and tools on the diverse stages of exploration. Its necessary to consider that the costs of data acquisition increase, almost exponentially, through the stages of exploration, from grass roots to advanced stage.

Aug 25, 2002

By Minna Karstunen, Patrick Becker

"Abstract The deformation behaviour of a foundation on deep mixed columns in a natural soft soil is a three-dimensional problem, which has to be considered adequately in numerical modelling. However, simplifications are often made due to the computational costs of fully coupled 3D analyses by either modifying geometry of the problem or material parameters in 2D for plain strain analyses or by modelling the problem as 2D axisymmetric case. The volume averaging technique (VAT) is an enhanced 2D FE technique that enables mapping the 3D problem in two-dimensions, yet modelling the two constituents (column and soft soil) with appropriate different constitutive models within a homogenized material. The performance of the volume averaging technique is demonstrated by considering unit cell simulations of floating and end bearing columns in soft soil. The results with VAT are compared and validated against conventional 2D axisymmetric and fully coupled 3D finite element analyses.IntroductionThe properties of very soft clays, silts and organic soils can be improved by stabilizing agents, such as lime and/or cement that are mixed into the soil in situ by using auger-type mixing tools in situ. Deep mixed columns are extensively used to reduce deformations and to improve the overall stability of embankments and foundations on soft soils. Whilst the most typical applications are embankments, increasingly the method is used under foundations. The first category of applications is very common in Scandinavian countries, whilst the latter application has been pioneered in Poland, as an environmentally friendly (low CO2) and cost effective alternative for piling. Due to economic and environmental reasons there is an increasing interest in the technique elsewhere in Europe. With deep mixing, the strength and deformation properties of the soft soil can be improved, and the risk of unwanted deformations is substantially reduced.Numerical methods, such as finite element (FE) analysis, can be used as an alternative to conventional design methods. They are particularly suitable when considering serviceability limit state, i.e. deformation analyses under working loads. FE analyses allow using advanced constitutive models that take account of the complex stress-strain behaviour of natural soil and stabilized columns, respectively. The problems that involve a grid of circular columns under an embankment or a strip footing are fully three-dimensional problems. As 3D analyses are very laborious and expensive, an enhanced 2D technique using the so-called volume averaging technique (VAT) is utilised. The basic idea is to describe the column-improved ground as a homogenized composite material, and using clever mathematics to map the true 3D problem into 2D. Once the constitutive relations of both composites are defined, the response of the column-improved ground can be simulated in 2D subject to arbitrary loading and boundary conditions."

Jan 1, 2014

By Donelson A. Robertson

Includes a review of the state-of-the-art of explosives loading in the crushed stone and cement industries of South Florida and the development of a field test program for alternatives. Emphasis is on the loading of small diameter (2 1/4" or less) explosives. Test results ire evaluated for operational and economic feasibility. Details are described of an explosives loading method which involves placing cardboard tubes with external couplings through the hollow drill steel and then Loading explosives into the tube casings after the drill rig has moved off. This method eliminates the hazards peculiar to loading explosives Through the kelly bar. The alternative method can be performed by existing drill rigs with or without minor modification. With modification, improvement in yield per blasthole and/or primary crushing rate provides opportunity so offset some or all of the additional cost.

Jan 1, 1978

By M. Abdellatif

The Mintek Thermal Magnesium Process (MTMP) process is based on DC open arc metallothermic smelting of calcined dolomite at normal pressure and temperatures of 1650?1750°C. The process was demonstrated at the pilot scale in the period 2000?2004. Major changes to the MTMP pilot plant were made throughout the development period, which lasted for about five years. The changes included design and installation of new equipment, modification of existing equipment, changes in the metallurgical approach in terms of feed rates, feed recipes, furnace operating temperatures, cold and hot dolime feeding, and steady and systematic changes in the operating procedures and maintenance of the plant. As a result, the performance of the pilot plant gradually improved from one campaign to the next, in terms of availability and in particular the condensation efficiency. In Run 10, the process was successfully demonstrated over an 8-day campaign. Keywords Magnesium, condensation efficiency, DC arc furnace, silicothermic reduction.

Jan 1, 2011

By Franklin J. Stermole

L. Alan Weakly, member SME, is a senior staff engineer, Exxon Co. Weakly chaired a Mining Engineering committee formed to solicit materials for six planned "personal skills" articles, to be used in ME this year. What follows are Weakly&apos;s introductory comments to the series. Upon graduation from college several years ago, I thought that I was sufficiently prepared to embark in my chosen profession. A short time later I realized that several years of on-the-job training was going to be required before I could use my technical training effectively. It never occurred to me that, professionally, I was seriously lacking in any other skills. My spelling could use a little upgrading, but this was not a serious deficiency. I have been very fortunate to have had two employers that recognized that their engineering professionals did lack other skills and made every effort to give them training to correct these deficiencies. The skills I am referring to are those in administration and interpersonal relationships. Most mining engineers and geologists receive very little, if any, college training in these areas. In addition, many companies do not provide this training and many mining engineers and geologists are unaware of their deficiencies. It is for this reason the subject of personal skills development is being introduced in Mining Engineering. The mining engineer or geologist can pursue one of two basic career directions, managerial or technical. In today&apos;s technically sophisticated society and highly competitive business climate, both orientations require administrative and interpersonal skills. Most of us are technically qualified and we continue to upgrade our technical skills. But many studies indicate that we, as a group, are significantly weaker in administrative and interpersonal skills than other professional groups. In addition, these studies indicate that engineers, in general, take longer to reach managerial levels and fewer do so. This series in Mining Engineering, then, should help readers strengthen and broaden their professional capabilities. In all industries, including mining and petroleum, economic analysis of potential investment projects is done to select the projects that will give maximum future value from the investment of available capital. Rather than looking directly at the future values to be generated by investing capital in alternate ways for economic decisions, evaluators usually use either rate of return, present value, annual value, a profit to investment ratio, or various break even analysis results to reach economic analysis decisions in evaluating alternative investments. Alternative economic evaluation techniques are used in industry to properly analyze the economic potential of various investment projects. "Discounted Cash Flow" analysis is the phrase commonly used to describe these techniques. Whether you want to analyze projects in mineral, petroleum, real estate, refining, pipe-line transportation, or any other industry, proper application of discounted cash flow analysis techniques enables you to fairly compare the economic potential of alternative projects as well or better than you can using any other project evaluation approaches. It should be pointed out that investment analysis generally involves more than economic analysis. Financial and intangible considerations sometimes are as important or more important to investment decision-making than economic considerations. Economic analysis refers to evaluation of the profit generating potential of projects, that is selecting which alternative projects will generate maximum future value possible from available investment capital. Financial analysis, on the other hand, relates to analysis of where money is going to come from to finance various projects. Regardless of the economic potential of a project, if financial analysis indicates that we cannot finance the project, it likely will be shelved for financial reasons even though it may be economically satisfactory. Many evaluators use the terms "economic analysis" and "financial analysis" interchangeably, but this author considers that to be undesirable. Intangible analysis relates to project factors that are difficult to quantify in

Jan 2, 1984