New Drilling, Loading And Hauling Equipment Doubles Ore Output At Minerva's No. 1 Mine

- Organization:
- The American Institute of Mining, Metallurgical, and Petroleum Engineers
- Pages:
- 4
- File Size:
- 621 KB
- Publication Date:
- Jan 11, 1966
Abstract
The revolution in equipment for blasthole drilling, ore loading, and ore hauling has been so rapid over the last ten years that it has generated an important new profit potential in the mining industry. With the new high-capacity machinery now available, it is possible for a mining enterprise to earn a profit from larger and lower grade orebodies than ever before despite the ever-increasing burden of rising costs. Just what such equipment can accomplish when coupled with improved mining practice has been demonstrated with startling success at the No. 1 mine of Minerva Oil Co. near Cave-in-Rock in Hardin County, Ill. The No. 1 is an underground operation which has been producing fluorspar and zinc ores and concentrates continuously since 1944. A few years ago, when the mine neared the familiar cross-roads where rising costs, increasing tonnages, and relatively static product prices converge, company officials decided to bolster the operation with new mobile equipment. They chose three machines which proved so effective that output at the No. 1 doubled between 1963 and 1965,while costs dropped by about 40% in the same period.
Citation
APA:
(1966) New Drilling, Loading And Hauling Equipment Doubles Ore Output At Minerva's No. 1 MineMLA: New Drilling, Loading And Hauling Equipment Doubles Ore Output At Minerva's No. 1 Mine. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1966.