Search Documents

By Shiqiang (Rob) Hui, Jiaren (Jimmy) Jiang, Rees Llewellyn, Yongsong Xie

Wear has been estimated to cost the Canadian mining/mineral processing industry over $15 billion per year mainly for repair/replacement of worn parts in 2013. The associated production loss is difficult to quantify but add considerably to the problem. The Canadian oil sands sector which has to deal with extremely abrasive and erosive solids, has traditionally incurred extremely severe and often unique attack. Demonstrable progress in mitigating the wear problems has been achieved through materials development, more informed materials selections, and better component and operation condition designs. An integral contributor to these advances is a long-term collaborative research partnership between NRC and the mining/supply industry. In this paper, this continuing collaboration will be described. A main focus is to identify degradation mechanisms occurring in the most severe and important service applications and to correlate these findings with laboratory test data. Relevant abrasion and erosion (often combined with corrosion) properties have been established and correlated with composition and microstructures for all classes of resistant materials ranging from relatively soft elastomers to ultra-hard ceramics. A comprehensive wear properties database has been compiled. This capability has been instrumental in facilitating the development of improved materials, optimizing materials fitness/selection for service, wear failure analysis, and quality assurance.

Jan 1, 2015

By P. Scinto, P. Hudson

"Modern day ore bodies are becoming increasingly harder, more abrasive and lower grade. The Mako deposit is located in Senegal and consists predominantly of primary mafic and felsic lithology that are both very competent and very abrasive ores (Axb < 30, BWi >20 and Ai >1.0). The deposit was initially discovery in 2010 and the Toro Gold management team fast tracked the Mako Project through development and into production to achieve its first gold pour in January 2018. The comminution circuit comprises primary crushing single stage SAG milling with recycle crusher (1oCR SS-SAC). The mill reached design throughput and grind size seven weeks after first ore. The Mako project marks another successful international application of single stage milling, which represents a simple and easy to operate comminution circuit for small-to-mid size projects with a low capital cost. This paper describes the ore interpretation, comminution modelling, grinding circuit selection and design, as well as an overview of the commissioning and ramp-up of the mill.INTRODUCTION The Mako Gold Project is operated by Toro Gold Ltd., which holds a 90% interest in the project. The project is located in south-eastern Senegal in the Kedougou region, close to the Gambia river and township of Mako. The Mako deposit lies in the “Kenieba Window” of eastern Senegal and western Mali, which hosts a number of gold mining operations and development projects. The Mako Gold Project has an estimated life of 8 years with overall recoverable gold estimated at 924 koz. The process plant is designed to treat 1.8Mt/a of ore and produce 128 – 143 koz of gold per annum. Lycopodium Minerals Pty Ltd (Lycopodium) was appointed to provide feasibility studies and EPCM services for the greenfield project. Forming part of consultancy services provided by Lycopodium, Orway Mineral Consultants (OMC), a subsidiary of Lycopodium, was involved in the design, commissioning, ramp up and ongoing post commissioning support of the comminution circuit."

Jan 1, 2019

By E. W. Shaw

The past year (1950) has been a big one for the oil industry in Canada, with new records being set in almost every phase of exploration and development activity. New highs were reached in acreage holdings, in geophysical activity, in wildcat drilling, and in field development and production. The only item that did not show a substantial increase over recent years was the amount of reserves added by new discoveries. This was not due to a decrease in the number of new discoveries, however, hut rather to the fact that most of the discoveries were made during the later months in the year and could not be fully evaluated by the year end. The foregoing remarks pertain mainly to activity in Western Canada. In Eastern Canada, operations continued on a modest scale. with exploration drilling down slightly from the previous year but with development drilling and production at about the same level. Returning to Western Canada, it is observed that the general exploration play was one of expansion and intensification. The issuing of new petroleum and natural gas regulations by the province of British Columbia precipitated a moderate entry of companies into the northeastern part of the Province.

Jan 1, 1951

By Fidelis T. Suorineni

Rockbursts are a major hazard in deep hard rock underground mining and tunneling. To date a significant number of rockbursts still defy conventional explanations. A review of rockburst case histories in the literature has shown that pillars and tabular excavations under shear loading are prone to rockbursting in situations where they are least expected under conventional knowledge of rockburst causes. Despite the evidence of the effects of shear loading on underground infrastructure, and the frequency of their occurrence, little is known about how this loading mechanism causes such large magnitude events and extensive damage. In this paper analytical and numerical modeling are used to understand the behaviour of pillars and tabular excavations under shear loading. The numerical modelling results show that pillars under shear loading are less confined than their equivalents in loaded in pure compression in the same geologic environment, and are therefore more brittle and weak. For tabular excavations under shear loading, the behaviour depends on whether such excavations are continuous, co-planar or offset with rock bridges. Analytical results based on slit theory show releasable potential energy in tabular excavations increases nonlinearly with excavation half-span. The study results are important for the safe and economic extraction of orebodies under shear loading.

May 1, 2011

By L. E. Djingheuzian

"IntroductionIN 1940, in a series of articles, M. W. von Bernewitz(l) reviewed in detail roasting of gold and silver sulphide ores and concentrates. Since that time some significant developments in roasting have taken place, and a number of papers have appeared in the Canadian technical literature, dealing severally with the roasting of a particular ore or concentrate.The purpose of this paper is not only to review some of these Canadian papers and bring the information on Canadian roasting practices to .date, but also to analyse the mechanism of roasting. Hence, it is proposed to start with a study of physico-cl1emical factors fundamental in roasting, the knowledge of which, by creating a sound basis for a proper roaster design, makes good roasting possible.Physico-Chemical FactorsRoasting can be defined as heating sulphide ores in presence of air below fusion points of the constituent minerals, at such temperatures as to convert metallic sulphides to oxides. Hence, roasting is a chemical process.The object of roasting is, by changing, chemically, mineral constituents of sulphide ores, to make the economic recovery of the desired •Constituent metal by a subsequent standard treatment possible. For instance, pyritic ores, containing gold in sub-microscopic form which no amount of grinding would release, are roasted in order, by oxidizing the sulphides, to open up their structures to such an extent as to enable cyanide solutions to come into contact with the gold and dissolve it. The production of porous calcine is, therefore, the object of roasting of refractory auriferous sulphide ores or concentrates. Such a porous calcine may be defined as a desirable calcine, and the roasts which produce desirable calcines can in their turn be termed desirable roasts."

Jan 1, 1952

By L. M. Lowe, D. G. Feasby, J. R. Goode

"Rare earth resources usually contain minor amounts of radioactive elements. The most widely recognised sources of radioactivity are associated with thorium and uranium. However, also present in the resources are isotopes of rare earth elements (REE) that are themselves radioactive, including lanthanum (La-138), lutetium (Lu-176) and samarium (Sm-147). These radioisotopes, as well as remnants of the natural thorium (Th-232) and uranium (U-238, U-235) decay series, can contribute to significant levels of radioactivity in mixed REE concentrates and in separated products. Levels such as these can present challenges for transport, transboundary movement, product storage, workers’ health and safety, as well as waste management issues at the facilities that separate out the individual REE’s. These are discussed in this paper. A particularly challenging radioactive isotope is Ac-227 (a decay product in the U-235 decay series). Actinium behaves chemically similar to lanthanides and hence normally concentrates with REE multi-element composites. Reliable analysis of Ac-227 is not widely available and the methodology required to deal with this challenge is briefly described. A principle reason for minimization of radioactive content throughout REE processing is restrictive specifications by concentrate purchasers in order to reduce waste management challenges. Approaches to the minimization of radioisotope content in REE concentrates and separated products are outlined in this paper."

Jan 1, 2014

By J. P. Dick

THIS paper is a description of the milling practice and metallurgy at the Moneta Porcupine mine, Timmins, Ontario. The results obtained with an all-cyanide circuit and later with flotation followed by cyanidation are described. The ?investigation which prompted the various changes in milling practice have also been dealt with. Moneta ore is possibly the most refractory now being milled in the Porcupine district. This is due to the ultra fine state in which the gold occurs and to its intimate association with pyrite. No doubt there is ore of similar characteristics on the neighbouring properties but it probably forms only a small portion of the tonnage being mined, whereas at Moneta the bulk of the ore requires an extremely fine grind to liberate the gold. The fineness to which an ore can be ground economically has gone far beyond what was thought to be the limit only a few years ago. Formerly, a set of standard screens was all that was required to measure the fineness to which an ore was ground. At present, the Haultain infrasizer is practically indispensable, and the nominal micron has become a familiar unit of measurement to all those dealing with the problems of fine grinding.

Jan 1, 1941

By Eric Konigsmann, Doug Spence, Scott Jones

"The Williams Gold Mine is located in the Hemlo camp of Northwestern Ontario and is one of Canada’s largest gold producers with annual gold production of 400,000 ounces. The operation is owned and operated as a 50:50 joint venture between Teck Cominco Limited and Barrick Gold Corporation.In July 2002, the decision was made to introduce paste backfill produced from mill tailings as the primary backfilling method in the mine and to decommission the existing cemented rock fill system. This required a fast track design to be completed for both a surface paste backfill plant and an underground paste distribution system followed by an intensive construction phase through the fall and winter of 2002/2003. The paste system was commissioned on schedule in late April 2003 and was in full production within 4 weeks of the initial start up. Overall, the project duration was only 42 weeks from initial project release to commissioning and it was completed $2 million under the budget of $14 million.This paper presents an overview of the lab testwork and process flowsheet design, process control methodology and describes the construction and commissioning phases of the project. Preliminary paste plant performance and operating cost data is also presented.IntroductionThe Williams Gold Mine is located in Northwestern Ontario adjacent to the Trans Canada Highway in the Hemlo Gold Camp as shown in figure 1. The mine currently produces approximately 400,000 ounces of gold annually and is owned and operated as a 50:50 joint venture between Teck Cominco and Barrick.The deposit was discovered as part of the Hemlo gold discovery in 1981 which led to the development of three mining operations within a 2 kilometre radius. The neighboring operations are the Golden Giant Mine, currently owned and operated by Newmont Gold, and the David Bell Mine, currently owned and operated by the same joint venture which is running Williams. David Bell ore is blended and milled in the Williams concentrator."

Jan 1, 2004

By A. Sinha, N. K. Babar, H. R. Kalihari, A. K. Chakraborty, M. R. Saharan, C. P. N. Pathak

A case study is presented on the optimization of cable bolting patterns in cut-and-fill stopes at the Chikla Mine, MOIL, India. Rock mass characterization, using Bieniawski’s RMR and Barton’s Q, indicated that the stopes lie in the “no supports required” to “spot bolting required” support categories. In contrast, the current practice of cable bolting in a 2.0 m by 2.0 m grid pattern for stope widths less than 12 m displays different results. Numerical modelling results are in line with the rock mass characterization study. It can be affirmed, as well, that no cable is carrying rock loads greater than 5 t. This fact is derived from observational behaviour of the crown pillar of an experimental stope with open stoping operations and hanging cables in the cut-and-fill stopes of the mine. An increase in the cable bolting grid spacing is, hence, recommended for implementation by mine management, based on the study described in subsequent sections. It is also suggested that the mine adopt the open stoping method, provided results of a rock mechanics instrumentation program in an experimental stope with a cable bolting grid of 2.5 m square are favourable.

Jan 1, 2007

By Mika Muinonen

"Dewatering of nickel concentrate at the INCO Thompson integrated mine-metallurgical site takes place within the smelter plant. The eight original 60 foot diameter cable torque thickeners of which four were operational and eight Dorrco internal drum filters have been replaced with a single Outokumpu high rate thickener and a single Lasta pressure filter. The modernization has resulted in a filter cake which has a more stable and lower moisture content. Control of the entire dewatering process has been improved and costs have been reduced.Typical filter cake produced from the Dorrco filters during processing of high tonnages of Birchtree mine ore was ~20% moisture vs. ~13% moisture for concentrate produced from the Thompson mine ore. The high moistures were correlated with the amount of fine magnesium silicate gangue in the concentrate. As Birchtree ore processing rates have increased, this filter cake moisture became unacceptable because of material handling problems and the impact on furnace metallurgy. The Dorrco filters were replaced with the Lasta filter in 2003 that has consistently produced filter cake at ~11% moisture.This paper summarizes the piloting, design, installation and commissioning of the modernized dewatering circuit.INTRODUCTIONThe Thompson integrated nickel processing facility was built in 1958 and originally consisted of a mine-mill-smelter and, soon after, a refinery.Nickel concentrate is pumped from the mill as a dilute slurry directly to the smelter facility ~200 meters along an unheated pipe trestle. Originally, nickel concentrate was de-watered using up to 8 conventional 60-foot diameter thickeners and 8 internal vacuum drum filters."

Jan 1, 2006

By K. Ananthanarayanan, R. I. L. Guthrie, S. A. Argyropoulos

"The low cost and availability of micro-computers and their peripherals provides the metallurgical engineer with the opportunity to use such computers in a wide variety of applications. In this paper, the authors describe the development of a low cost data acquisition system capable of measuring up to 8 analogue channels at a sampling rate of up to 5000 measure mentsper second. This system is equipped with proper hardware and software so that the micro-computer can be linked to a central computer facility such as the McGill System for Interactive Computing (MUSIC). This central computer facility is supported by an AMDAHL V7 computer. Using the present interface, communication rates between the microcomputer and the central computing facility can be as high as 9600 (baud).The above mentioned data acquisition system is currently used for monitoring dissolution kinetics of ferro-alloy additions in liquid steel. In addition to this, special software has been developed which enables the user of this system to monitor solidification rates of ingots, etc. As economic considerations are always important, comparisons have been made with existing recorders which show that the cost Of the present system is only 30 per cent more than a two-pen strip chart recorder.RESUMELa disponibilité et le bas prix des micro-ordinateurs et de leurs périphériques permet à l&apos;ingénieur métallurgiste d&apos;utiliser de tels ordinateurs pour diverses applications. Dans ce rapport, les auteurs décrivent le développement d&apos;un système d bas prix pour l&apos;acquisition des données, capable de mesurer jusqu&apos;à huit canaux analogues jusqu’à une vitesse de 5000 mesures par seconde. Ce système est équipe avec son propre ""hardware"" et ""Software"" qui relient le micro-ordinateur d’un ordinateur central, comme le système de McGill pour computations réciproques (MUSIC). Ce central d&apos;ordinateurs est soutenu par l&apos;ordinateur AMDAHL V7. Utilisant cet "" interface"", la vitesse de communication entre Ie micro-ordinateur et l&apos;ordinateur central peut atteindre jusqu&apos;d 9600 (baud)."

Jan 1, 1980

By T. Binnert Haites

INTRODUCTION NUMEROUS examples of troubled zones, interfering with the normal development of coal seams, have been cited in the literature. From a geological point of view they can be subdivided into structural and sedimentary troubles. Of the latter type, wash-outs are usually the most bothersome. Some years ago, A. A. Thiadens and the author arrived at the conclusion that they represent fossil river-beds. A method of predicting the course of these rivers was developed, which has been successfully applied in the Netherlands coal measures, and more recently by P. Stassen in some of the Belgian coalfields and by the author in the Sydney coalfield. The Sydney coalfield has long .drawn the attention of geologists, and three main periods of systematic geological research may be distinguished. The first period, 1872-1900, is covered by the studies of Ch. Robb and H. Fletcher (32, 10-13) (1). Their detailed sections of the cliffs have lost nothing in value, and are frequently consulted today.

Jan 1, 1951

By S. McCalpine, W. Muir, P. J. Downey

"Golden Bear Operating Company Ltd. (GBOC) was a joint venture between Chevron Minerals Ltd. and North American Metals Corp. that was formed for the development of the Golden Bear Project. The mine is located at Muddy Lake, Western British Columbia, approximately 80 km northwest of Telegraph Creek and 135 km west of Dease Lake (see Figure 1). Road access to the mine was developed by Golden Bear and consists of a radio controlled 155 km gravel road originating at highway 114.A feasibility study was completed in 1987 and project approval was finalized in 1988 with Golden Bear issuing a ""Request For Proposal"" for detailed engineering in May 1988. Golden Bear also commenced negotiating with vendors at this time for the supply of the two principal process equipment packages: the dry grinding and classification system and the whole ore roaster package.Process plant engineering and plant construction was completed in October 1989 with plant startup commencing in November 1989. Two months into the commissioning phase it became apparent that the plant, as designed, would not achieve the anticipated production targets.Kilborn Engineering Pacific were subsequently contracted by GBOC to review and modify the plant design, assist the operating personnel with plant commissioning and startup and provide operator training.This Paper describes some of the problems encountered during the startup and the plant modifications incorporated to achieve design parameters."

Jan 1, 1992

By Paul A. Glapa

Quality is much more than providing a product that functions properly. True quality is a way of thinking, a way of doing business, and, ultimately, a way of satisfying a customer?s long-term needs. A true commitment to quality requires a top-down management commitment, with a willingness to change what needs to be changed and to expand upon ?best practices? that are already done well. Is there a cost to creating and maintaining a quality program? Of course there is, but the cost of not having a focused program is much greater. We have come to regard quality as an investment that pays dividends to both the supplier and customer. The lack of quality costs everyone and the customer pays the ultimate penalty. With modern, highly engineered surface mining equipment the end user calculates cost in terms of lost production (revenue), not simply the cost of the part. Bucyrus International, Inc. is a company that has listened to its customers and has dedicated itself to implementing an advanced quality program. The ultimate goal being the creation of a high quality product with extended reliability for the customer. The result is reflected in Bucyrus? current product offerings and highlighted by the new 495HF electric rope shovels at Albian Sands mine.

May 1, 2003

By Cedric E. Gregory

"A study of model rectangular mine shafts has been made in the wind tunnel, with the aim of reducing air-flow resistance elements to a practicable minimum. An analysis of Table 7 shows an indicated average decrease in resistance of 28 per cent by adopting the over-all modifications involved in the configurations actually tested. Much greater reductions (up to 68 per cent) are indicated by extrapolating beyond the test results directly achieved. Intermediate partial reductions in aerodynamic resistance are shown for individual modifications, such as: (1) about 3 per cent for locating the lagging in the No. 4 (inside flush) position as against the No. 1 position - 8 per cent as against the No. 2 position - and 23 per cent as compared with position No. 3; (2) about 12 per cent for using lagging instead of steel meshwork along the divider separating the skipway from the service compartment; (3) about 14 per cent for using steel gridwork ladder stagings at 3-set intervals instead of similarly spaced wooden stagings; (4) about 12 per cent for using steel gridwork ladder stagings at 3-set instead of at 1-set intervals; (5) about 13 per cent for fitting a streamlined fairing (see Fig. 5) to the upstream face of the skipway divider. Contrary to expectations, an advantage of only 3 per cent is indicated for lagging in the inside flush (No. 4) position over the outside position (No. 1). This slight gain does not appear to warrant the cost of moving the lagging. However, if the lagging is already in the No. 2 or No. 3 position, there is an 8 and 23 per cent advantage respectively."

Jan 1, 1973

By J. C. Loretto

"OPENING REMARKS Yesterday and today we have heard some very interesting papers on operating matters and some of you are probably wondering what we are now doing talking about Communications in Plant Design. Let me tell you! Before the techniques we have heard being discussed can be used, there has to be a properly operating plant. It is certainly a fact that many mineral processing plants achieve only limited success and a number of them can even be said to be failures. Some of you sitting here are probably living with operating problems that are clue to errors in the design.If the histories of these problem plants are examined, it will be found that in many cases, the necessary skills were available during the period of the plant design. There was extensive operating know¬ledge together with a full range of project expertise. Why then the failures? In a substantial number of cases it can be traced to the old, old problem of communications. As plants get bigger, money costs more and smooth startups become more important, it becomes less and less economic to fix up any design errors during plant operations.During our careers in mineral processing, nearly all of us will be involved in at least one plant design and I feel that it is as well if we understand some of these communication difficulties that can lead to a problem plant. There is little point in us being experts in mineral processing if the knowledge we have acquired doesn't somehow get incorporated into the plant.I would, therefore, like to present this short paper that mentions a few of the significant communication problems that can occur during the design of mining and mineral processing plants, together with some thoughts on answers to these problems."

Jan 1, 1973

By W. R. McClelland

GOLD-BEARING ores, representing many types, are found widely distributed through the Province of British Columbia. They range from those which by their nature may be considered as complex, to those whose mineral characteristics are simple. Those in which the gold is associated with metallic sulphides provide particular milling and metallurgical problems, the solution of which involves not only detailed laboratory investigation but also a careful consideration of economic factors. The location of an ore-body may have a deciding influence on the adoption of a method for the metallurgical treatment. Whether the ore should be treated with the object of recovering the gold as bullion or as a shipping concentrate is often dependent on such topographical considerations as the position of the mine at or near tidewater or within a reasonable overland distance of a smelter. British Columbia is fortunate in having the Trail smelter situated in the southern part of the Province, and the smelter at Tacoma, Washington, is accessible for coastwise traffic. Both of these provide a ready market for most types of gold-bearing concentrate. In order that the results obtained by laboratory tests may give a fair indication of what should follow in mill operation, it is essential that the test sample should represent as closely as possible in mineralogical character and in grade the ore that eventually will constitute the feed to the mill. In the early stages of mine development this consideration is sometimes overlooked and samples of a much higher grade than would be representative of run-of-mine ore are submitted. Flotation tests on such a sample of ore high in sulphides may show a low ratio of concentration, bu.t if the actual run-of-mine ore is lower in sulphides the mill operation will reveal a much higher ratio. The recommendations for treatment based on the results of laboratory tests may have been against concentration, when in actual operation this would be the most suitable method of treatment. Recommendations based on laboratory tests are necessarily from the results of work carried out on the sample submitted, modified only by such other economic or topographical information as may be known to the investigator. This paper deals with a few of the gold ores found in the six mining districts of British Columbia and is based on investigations made in the Ore Dressing and Metallurgical Laboratories of the Mines Branch, Department of Mines, Ottawa.

Jan 1, 1937

"11.1. IntroductionThe recovery of platinum-group elements (POE) from ores is a subject which has received almost no mention in the literature. Edwards (1975) refers to the process used for refining of the POE, throughout the Western World, as a so-called ""conventional"" process .... ""not because of the simplicity or convenience of the operations, but more probably because of the inertia of established processes and the aura of secrecy with which the major platinum refiners have surrounded this process."" There is no doubt in this writer's mind that the latter is also applicable to the dearth of knowledge of the mineralogy, geochemistry and ore deposits of PGE and that the poor recoveries, mainly attributed to the mineral beneficiation stages of concentration, are also affected by this traditional secrecy. Fortunately, this attitude is changing, due no doubt to the advantages that accrue from more open research which may be critically assessed in the literature in the traditional manner. Examples of this more open approach to recoveries and recovery problems are represented by Newman (1973), who gave some typical recovery percentages for Merensky Reef ores, and the recent encouragement and cooperation on mill samples from the Sudbury area by lnco Metals Company (cf. Cabri, 1981a).In general, platinum-group elements are recovered from an ore by the use of a physical concentration method, such as gravity separation or flotation, followed by further upgrading using further physical, wet chemical or pyrometallurgical techniques. The final process of refining in which the individual platinum-group elements are produced in pure form is outside the scope of this chapter.Platinum-group element deposits naturally fall into different categories according to the recovery process best suited for them, viz. those amenable to gravity separation, those amenable to flotation, and those where platinum-group elements are by-products of base metal sulphide, chromite and miscellaneous other deposits."

Jan 1, 1979

By A. Dave Mackintosh

In 2001, at the CIM AGM in Quebec, a paper discussing poor ground conditions in a newly opened area at Agrium?s Vanscoy Potash Operation?s, suggested load transfer around old workings as a possible reason for the early room failure. High closure rates are expected in deeper regions however the rapid failure of walls immediately behind the face resulted in protective guards being mounted on and behind the borer. The high closure and early rib failure continued well past any reasonable distance to be explained by load transfer around old workings and investigations continued into possible reasons other than simply depth. Detailed investigations into the mineralogy and crystal fabric of the ore zone provided one possibility, which combined with a changed borer cutting profile are now believed to have contributed greatly to the poor conditions.

Apr 1, 2005

By Arthur Notman

In view of the alarm expressed in many quarters over the increased production of copper to come from Canada and Africa in the future, it is of interest to study the history of the principal producing districts of the world and to attempt to forecast the future part to be played by them. Tables 1 and 2 record the world production and that of the United States, together with their respective rates of increase, both in percentage and actual amounts. The important point in this record is the decline in rates of increase for both the world and the United States, but more particularly in that of the latter, since 1881. The increase for the United States in the last decade is less than that for any decade since 1881, and is only 20 per cent of that for the decade 1911-20. The increase for the world is less than that for the two preceding decades, and is only about 65 per cent of the war decade 1911-20. Referring to Table 1, the decade 1871to1880 showed an increase of 32.l per cent in the world&apos;s production, which was the low until the last decade, ending 1930, which shows an increase of only 24.5 per cent. These decades both represent periods of economic stress following wars. In the first case the recovery was very sharp, the percentage increase in 1881-90 reaching a high of 86.4 per cent. It would seem dangerous, however, to assume that a similar high will be reached in the next ten years, because of the severity of the depression brought about by the Great War and the probability of its influence extending well into the next decade.

Jan 1, 1931