Search Documents

By W. A. Jones

Purpose of Paper Geophysics is a highly developed science which has found a wide use in industry. Perhaps the most spectacular application has been in the field of oil exploration. It has been estimated that, up to the end of 1939, geophysics was responsible for the discovery of five billion barrels of oil. In 1944, the sum o $40,000,000 was expended for geophysical work in the search for new oil deposits. Although the metal mining industry has so far made comparatively little use of the science, it is becoming increasingly common for the exploration engineer or geologist to be required to co-operate with the geophysicist. Many papers dealing with applied geophysics have been published but in most of them advanced training in physics and mathematics on the part of the reader has been assumed. It is difficult for the average engineer to obtain a ready understanding of the equipment, field procedure, and scope and limitations of the science from the literature. The present paper attempts to describe briefly and in simple terms the principles underlying magnetic, self-potential, and electrical resistivity methods and their application to a field problem. Introduction Geophysics is concerned with the study of gravity, magnetism, natural earth currents, earthquakes, vulcanism, and many other natural phenomena. The methods, originally devised for the measurement, for scientific purposes, of the forces associated with such phenomena have been adapted to the search for buried deposits of economic value. If the body sought has large dimensions and distinctive physical properties, geophysical measurements may reveal associated, and in some cases quite characteristic, anomalous features. However, in many instances the mass cannot be indicated directly but has a common association with geological features which can be defined by physical measurements. Although such surveys cannot specifically identify oil, metalliferous minerals, or other commercially valuable substances, it is possible to delineate anomalous sub-surface physical features which, with the help of geological information, can be assessed as possible or probable indications of the body or structure sought. The nature and extent of the material causing an anomaly, and its economic importance, can only be determined by further exploration, such as drilling.

Jan 1, 1947

By Timo Heikkinen

We have read, with great interest, Mr. Crocker's article on "Recent Trends in Autogenous Grinding," published in the October issue of The Canadian Mining and Metallurgical Bulletin. Referring to our paper, "Two-Stage Autogenous Grinding Investigations at Outokumpu," we can now report that last August we changed to this method at the Keretti concentrator. Prior to the conversion, the Keretti plant (see flow-sheet, Figure 1) had two primary rod mills, 6 ft. in diameter and 12ft. in length, in open circuit, followed by four secondary 9-by 12-ft. pebble grate mills in closed circuit with rake classifiers. Last summer, wl1en the Since August, grinding has been successfully carried out autogenously in two stages, with two mills being employed in the primary stage and four in the secondary. The size of the pebbles in the secondary mills is about the same as earlier -l V: i to 3 inches (Figures 4 and 5). Also, we generally prefer two-stage grinding to single-stage grinding because, in the former,

Jan 1, 1964

By F. Doxey

Introduction Numerous papers have been written dealing with the construction and functions of, and the environmental conditions created by, Diesel locomotives. Therefore, it is not my intention to attempt to deal with these phases of Diesel transportation other than to make reference to them in ?relation to and in connection with actual operation. The rapid expansion of industry during recent years and the necessity of products being made available at competitive prices in home and world markets has made the demand for cheaper coal a very serious factor for the coal industry. This condition has meant each coal producing country looking into ways and means whereby greater productivity and reduction in cost could he achieved. Surveys made show that, in addition to face mechanization, savings, in some cases substantial, can be made in transportation. Ventilation The most efficient mines are in-variably the well ventilated ones, for it is true that, where there is good ventilation, there are usually good roads. These combined factors are very essential where Diesel locomotives are used. Good roadways and track allow speed, and good ventilation dilutes rapidly any disagreeable exhaust gases. Locomotive Development In the older types of auxiliary rope haulage, coal hauled per haul-age hand is usually very low.

Jan 1, 1951

By A. Dubé

Introduction It is common experience that on re-heating a fully martensitic steel below the Ac, point, a softer and tougher structure is formed as the tempering temperature is raised. The mechanism of tempering of plain carbon and low-alloy steels has been the subject of many investigations. In a very comprehensive study, Cohen and associates have recently established three different tempering stages, the last of which reaches completion at about 700°F., with heating rates of 5°F. per minute. This latter stage has been established ta be the carbide-forming stage, so that the steel consists of a mixture of ferrite and carbide, which are the metastable equilibrium phases. Any subsequent changes which take place at higher temperatures below the Ac, point in the absence of graphitization or carbide lattice conversion normally consist of agglomeration of the carbide particles. This naturally results in the softening of the steel. However, in many cases the Ac, point, as determined by dilatometry, thermal analysis, etc., only gives a rough estimate of the temperature where the reaction, ferrite plus carbides to austenite, is initiated. This appears to be especially true in the case of alloy steels in which three phases can co-exist in certain temperature ranges. Bain has given data on the three-phase equilibrium in both manganese and nickel steels. In these steels, the formation of austenite at temperatures just above the AeIL apparently involves the diffusion of the alloying elements to the first pools of austenite, thereby making the process very sluggish. As a consequence, the critical Ac points determined by ordinary methods at normal rates of heating can be quite distant from the true equilibrium Ae temperatures.

Jan 1, 1946

By F. A. McLean

Given a promising claim and the required financial backing to develop it, the first problem that confronts the mine operator is usually the selection of the necessary compressed air plant. The size and type of drive are questions that naturally follow, the former being determined largely by the amount of money available and the speed with which it is desired to carry on the programme of development. The type of drive, such as electric motor, steam or oil-engine, depends on local conditions and has an important bearing on the cost of operations. ns. Few prospective mine operators are fortunate enough to locate claims within the service radius of electric power-lines, although this is more likely to happen nowadays than formerly. In the majority of cases, however, some other form of prime mover is necessary. When wood or coal are available at moderate cost, a small steam-driven plant is usually chosen. Such plants are often arranged so that they can be converted to electric-drive should future developments at any time make this desirable. Many plants of this type are installed in northern Ontario mines. When wood or coal are costly or difficult to transport, oil-engine driven mining plants have many advantages in their favor, and are now quite commonly used. Oil in some locali-ties is considerably cheaper than wood or coal, and is much easier to transport over bad roads.

Jan 1, 1924

"Real time analysis of conveyed bulk materials can be used to improve process performance by reducing variability and upgrading ore quality through selective removal of increments of flow that do not meet appropriate selection criteria. This paper focusses on proven Prompt Gamma Neutron Activation Analysis (PGNAA) and microwave transmission technologies used to representatively measure conveyed ore quality in real time so that meaningful decisions can be made between the mine and mill. This enables the effective removal by bulk diversion of small increments of conveyed flow such as waste, highly deleterious material or sub-economic material from the mill feed. Improved ore quality in plant feed optimises process performance, reduces processing costs and minimises tailings generation. Analysis is unaffected by particle size, dust, layering or segregation, mineralogy and belt speed. Technologies are explained and performance examples given from installations in copper and iron ore. The technology has been used successfully in bulk sorting for over twenty years typically using measured increments of a few minutes. Improvements in technology and calibration performance have resulted in accurate measurements over increments of thirty seconds and below.INTRODUCTION Ore quality variability exists on a number of scales. Block model grades represent a few hundred to many thousands of tonnes. Grade control at the mine occurs on a scale typically down to the size of a haul truck, which may be a few hundred tonnes. Highly variable ore quality is detrimental to process efficiency and effectiveness. Processing waste or low grade ore when higher quality feed is available represents a lost opportunity to generate higher revenues earlier in the operational life. Measuring ore quality accurately over short time increments during conveying enables small increments to be measured and diverted according to their quality. The paper explains the technology and benefits. Neutron irradiation techniques were considered potentially suitable for conveyed bauxite measurement by Beurton et al, 1995. Tran & Evans (2001) concluded there was no equivalent technology to Prompt Gamma Neutron Activation Analysis (PGNAA) in terms of material penetration power. PGNAA was evaluated by Nelson & Riddle (2003) for possible use in the phosphate industry and recommended its use for further characterisation of the mine’s various ore types to improve stockpile allocation and grade control. Cottle (2007) discussed test work for an iron sinter application and Delwig et al (2011) described the successful installation in 2009 and performance of PGNAA for base-to-acid ratio control in sinter feed with the analyser output used to control lime addition. Geoscan (PGNAA) works very well on iron ore and can “improve control over what is happening in the plant” and that comfort can be provided in knowing that the product is on-spec according to Minnett (2010). PGNAA is not yet used in the minerals sector for tariff purposes as has occurred since 2000 with Coalscan (PGNAA) in coal (Minnett, 2010)."

Jan 1, 2017

By C. Horstmann, D. Andreo, G. Barthold

"The concept of large single line grinding circuits provides a valid answer in project feasibility studies by reducing capital investment requirements compared to parallel lines for the same plant throughput rates. The benefits of this concept are reflected as well on the operational aspects, in terms of higher and greater process stability, and reduced operational costs mainly due to the associated lower maintenance expenditures. However, concerns exist in the minerals industry on whether large single line grinding could reduce the overall concentrator plant availability. The mechanical design and integrity, the mill and gearless mill drive integration, as well as assets management aspects of this type of equipment are the key to guarantee successful availability records. Together with an overview of the added value provided by large single line grinding circuits, this paper focuses on risk mitigation strategies during mill and gearless mill drive integration, as well as on the design of the equipment itself, for the key aspects which could put at risk the operations availability.INTRODUCTIONDespite a large long term demand for commodities, the mining industry has never faced complex challenges as it is doing today. Decreasing high-quality and accessible deposits, declining ore grades in existing mines, shortages of electrical energy (e.g. in Chile) and an aging workforce are the most significant among the megatrends affecting our industry. In addition to this, flat underlying commodity prices and high price volatility are currently posing strong requirements to miners when entering into the process of approving investments.Nowadays to get projects financially approved (optimizations, expansions, new plants), capital expenditure has to be reduced, as observed up to 30% compared to the last decade, and at the same time the plant design has to be such to demonstrate that operating costs will also be significantly lower than in the past.When it comes to the concentrator plant, the concept of large single line grinding circuits provides a valid answer in project feasibility studies by significantly reducing the capital investment requirements compared to parallel lines for the same plant throughput rates. The benefits of this concept are reflected as well on the operational costs, in terms of higher and greater process stability and reduced maintenance expenditures."

Jan 1, 2016

By R. C. A. Thurston

Introduction A mechanical spring has been .defined by Wahl ( 1) as 'an elastic body whose ?primary function is? to deflect or distort under load, and which recovers its original shape when released after being distorted'. Most material bodies are elastic to some extent ? and will deform under load, but they are seldom regarded as springs since this is not their primary function. The principal applications of springs are the absorption of energy and the mitigation of shock, the support cf moving masses or the isolation of vibration, and the provision or measurement of definite loads or torques. A large number of spring types have been developed to serve these purposes and to meet the different operational requirements; they range from the large semi-elliptic leaf suspension spring to the delicate watch hairspring. The springs of most importance in machine design, however, are the helical round-wire compression or tension types. They are made in a wide variety of sizes and are used in tremendous quantities, mainly because of their low cost, their compactness, and their relatively high efficiency. Their field of application is as broad as that of machine design itself, but the bulk of production is almost certainly for suspension systems of vehicles such as automobiles, freight and passenger cars, and mine cars, and it is with the last of these applications that this paper is primarily concerned.

Jan 1, 1951

By B. McHenry, A. E. Wraith, P. J. Mackey

The Wallaroo smelter on the Yorke Peninsula, South Australia commenced smelting operations in 1861 treating ores from the nearby Moonta and Kadina mines. The plant expanded and modernized on several occasions and was a leader in the successful introduction of new technology to improve operations. It operated continuously until 1923 when local mines became exhausted; in the closing stages of the 19th century it was the largest copper smelter in the world outside of those in Swansea, Wales. In 1892 a small electrolytic refinery was established at Wallaroo, the first in Australia, based on principles developed by Elkington at Pembrey, Wales in 1869. The Wallaroo refinery was specifically built to recover gold and silver from copper produced by smelting gold-containing feed materials shipped from Western Australia. This first venture into electrolytic refining was replaced in 1903 by a somewhat larger refinery which, although modest in size for its time, with a capacity of about 1000 tonnes of cathode copper per year, was very productive in precious metals. Anode copper was produced by an updated version of the reverberatory-based Welsh process until 1910 when barrel-type pneumatic converters were introduced based on American practice; subsequently, anodes were cast by tapping the precious-metals rich "bottoms" portion of converter copper as produced at about one-fifth into the copper blow. The present paper describes the Wallaroo refinery, its anode supply and products, supported by initial observations on a sample of a Wallaroo cathode held in the collection of the South Australia Museum, Adelaide SA, Australia. INTRODUCTION Australia ranked 6th in the world for copper mine production in 2018, with an output of 918,000 tonnes of mined copper, after Chile, Peru, Congo, China and the USA; about 40% of Australian mined copper was smelted in the country. Interestingly, the world ranking of Australia in mined copper has, with a few variations, remained about the same for more than 100 years – of interest, it was also the 6th largest country for copper production at 21,089 tonnes in 1899. At that time, all or most of the copper was smelted in the country (Mackey, 2016). Copper was first discovered in Australia in 1842 in South Australia not far from Adelaide; additional copper discoveries in the region soon followed. At first, copper ore was shipped to Swansea, Wales for smelting (Bampton, 2003). However, in addition to the long, 150 day one-way sea passage, it seems Welsh smelters preferred higher grade of ores – these aspects and likely a mood in the new colony to be independent of Swansea (Evans, 2014) evidently encouraged local smelting at the mine sites using small, Welsh-type reverberatory furnaces fired with hardwood as fuel and operated by Welsh and Cornish migrants. The first large copper smelter in Australia commenced in 1848 at Bremer, near Callington some 60 km east of Adelaide. With larger discoveries on Yorke Peninsula, the Wallaroo copper smelter at Wallaroo Bay on the west coast of the peninsula commenced operations in 1861 (Bell & McCarthy, 2008). Thus began one of the most successful, and in its day, one of the most advanced and innovative plants in Australia if not the world. In the late 1860s, it was considered one of the largest copper smelters in the world (Bell & McCarthy, 2008)

Jan 1, 2019

By T. G. Ewart

INTRODUCTION FOR THE purpose of this paper, western bituminous coal is defined as steam coal produced in Alberta and southeastern British Columbia for sale primarily to railways and industries. Before examining present and future markets of this industry, it is proper to review briefly financial and operating conditions within the industry. The report of the Royal Commission on Coal, 1946, supplies financial data from which some conclusions may be drawn. In 1944, the industry as defined above had share capital of $24,886,696. In the fifteen years 1930 to 1944, inclusive, the industry produced: 44,364,211 tons of coal. The profit on this tonnage amounted to $4,678,382.58, which represented 10.6 cents per ton of production. Miscellaneous earnings increased the amount available for dividends to shareholders to a total of $8,487,952.41, which is equal to, 19.1 cents per ton of production. Dividends actually paid in this fifteen-year period amounted to $12,332,040.64, which represented an annual average rate of 3.40 per cent on share capital. It is worthy of note that, in 1944, the net current position of the industry, including investments, was $8,753,874.51. The writer believes that the financial position of the industry with respect to capital, current financial position, and net earnings, has not significantly changed from the fifteen-year period out-lined above. The figures quoted indicate the following situation: (1) The western bituminous coal industry is adequately financed. (2) The industry has followed a conservative dividend policy and has accrued funds for contingencies. (3) The industry has sold its production at very reasonable prices as evidenced by its moderate earnings per ton of production.

Jan 1, 1951

By A. G. Doll

The Bond low energy impact (crushing) work index test is specified to be performed on rock specimens between 50 mm and 75 mm in effective diameter. NQ-diameter drill core, frequently used in mineral exploration programs does not meet that specification, it being 45 mm diameter or less. This paper reports the effect of performing the impact test on contiguous sections of HQ diameter and NQ diameter core, exploring the hypothesis that the contiguous intervals give equivalent results in spite of the core diameter difference.

Jan 1, 2012

By M. L. McAllister, M. Veiga

The mineral industry has seen many significant changes in the past decade. Increasingly, it has responded to unanticipated pressures and demands with a variety of voluntary initiatives. Yet there is still much to do. Mining now takes place in a different context than was the case in the past. Socio-economic, political and environmental considerations must now be integrated into traditional mining systems. This process of integration needs to involve industry, governments, academics, communities and other stakeholders to design a new approach to mining, one that can be fostered through interdisciplinary links and holistic strategies. This paper considers the meaning of sustainability in the context of the Canadian mining industry and explores the need for a broader vision for the mining industry. The role of technology is then analyzed and related to an initiative recently taken by Canadian universities to develop a national network for interdisciplinary research into sustainable mining, CaSM.

Jan 1, 1999

By Osvaldo A. Bascur, Curt Heftier

The lack of integrated information including the Energy/Utility Suppliers with sufficient detail for analysis causes inefficient operation in metallurgical complexes including the Energy/Utility Suppliers . Defining the right context for information use is essential for sustainable operations. This being said, what are we doing to enable people to act upon information and to be aligned to optimize the use of resources like raw materials, energy, water and consumables for an entire metallurgical complex? Collaboration between all company entities is a key component of improving efficiency. Evolution of web technology and object modeling of enterprise assets enables collaboration across the whole business. Operational troubleshooting occurs more quickly as the organization acts on issues to reduce wasteful operation. This paper presents a real time software infrastructure with tools that give users the ability to sift through available data, transform data into information for business continuous improvement and optimization. We will introduce a new technology for analyzing real time data, information and events using multidimensional analysis of information to detect anomalies based on the statistics of the data classified by time events to reduce the information into action. A new paradigm for collaboration at a local and strategic level is proposed to enable the enterprise to become proactive in dealing with wasted time and products. Three examples from the industry will presented and their benefits highlighted.

Jan 1, 2011

By E. Krause, V. G. Papangelakis, S. Garg, R. Mahadevan, E. Edwards

"Bioleaching uses iron and sulfur-oxidizing bacteria to extract base metals from sulfide minerals. As bioleaching involves breaking the iron-sulfur bonds by ferric attack, the biologically mediated rate of iron oxidation is recognized to play a key role in influencing the overall kinetics. In this study, we investigate the catalytic ability of an indigenous AMD culture for oxidizing Fe(II) in solution. This culture was subsequently adapted on pyrrhotite tailings (0.6% Ni) by gradually increasing the solids loading. Results from this study show that such an adaptation reduces the initial lag phase in the biotic oxidation of Fe(II), thereby allowing for a higher Ni extraction when compared to experiments with an un-adapted culture at a similar solids loading. The use of adapted cultures also helps to reduce the residence time for bioleaching of Ni from pyrrhotite tailings. INTRODUCTIONAs the world demand for pure base metals grows; the mining industry is increasingly faced with the burden of processing lower grade ores and mining waste streams in order to recover the occluded metal VALUES ((Watling, 2006). The extractive metallurgy of nickel from sulfide minerals focuses on using a combination of mineral processing, pyrometallurgical (smelting) and hydrometallurgical techniques to extract Ni from its ore bodies.Pyrrhotite (Fe1-xS) is commonly found in association with pentlandite and chalcopyrite in sulfidic Ni ores, such as those found in Sudbury, Ontario, and in Russia, e.g. Norilsk. The vast majority of this pyrrhotite needs to be removed using mineral processing techniques, in order to minimize the Fe and S contents of the concentrates that proceed on to smelting. If all pyrrhotite were left in the concentrate, much more slag and SO2 would be produced, and the smelter throughput would be limited. Beneficiation of Ni sulfide ores leads to the rejection of unwanted constituents as mining wastes, which may still contain extractable amounts of Ni (Edgar Peek et al., 2010)."

Jan 1, 2012

By CIM Mineral Resource, Mineral Reserve Committee

Industrial minerals are generally considered to include non-metallic minerals, mineral products, or materials that provide raw material inputs for the construction, chemical, and manufacturing industries. They are often relatively low-value and bulky materials that are generally used close to where they are produced; however, some raw materials may be transported hundreds of kilometres to manufacturers and customers (ENDM, 2021). They do not include the metallic minerals, mineral fuels, or gemstones, and are used in industries based on their physical and/or chemical properties (Wikipedia, 2021). In contrast to most metallic minerals, a general distinguishing characteristic of the industrial minerals sector is their general low degree of market elasticity in relation to the market prices and product specifications. The estimation of either a Mineral Resource or a Mineral Reserve (MRMR) for an industrial minerals deposit can be affected to a significant degree by a number of factors that are not typically applicable to metallic mineral deposits. These factors can include such considerations as the particular physical and chemical characteristics of the final product, product quality issues, market size and market access. In some cases, such information may be confidential and proprietary. One of the key challenges of the industrial minerals sector is to define a commonly accepted listing of which types of minerals, materials, or mineral deposits can be considered as industrial minerals (Mining Standards Task Force, 1999). Although definitions for what constitutes an industrial mineral can vary in detail, general descriptions can be found in American Geosciences Institute (2021), Fastmarkets IM (2021), Snowden (2019), SME (2021) and Wikipedia (2021). A brief listing of some of the materials and minerals that are generally considered to be industrial minerals is provided in Table 1. For the purposes of this document, all references to industrial minerals include not only the minerals, materials, and mineral deposits themselves, but also the various commercial products that are derived from these sources.

Nov 19, 2023

By N. C. Carter, Wm. H. White, J. E. Harakal

"Of twenty-one ore deposits in British Columbia which are either in production or advanced stages of exploration, five have potassium-argon ages in a range of 165-205 m.y., eight are in a range of 44-55 m.y. and the remainder are either ca. 140 m.y. or ca. 100 m.y. old. Deposits of the oldest group have generally similar geological environments and radiometrically indistinguishable ages of magmatic and hydrothermal minerals. Deposits of the youngest group also have similar geological environments, with successive magmatic and hydrothermal events closely intermingled in time and place. Such deposits find no comfortable home in existing classifications of ore deposits. 1t is suggested, therefore, that those epigenetic deposits which can be shown by radiometrie and/or geologie means to be coeval with genetically related magmatism be designated as ""paramagmatic deposits."""

Jan 1, 1968

By L. F. Haven

"The desirable shovel speed-torque curves are described, along with the characteristics of the more important electrical components used to approximate these curves. A particular shovel regulator system combining these components is discussed in detail and some of the advantages and disadvantages of the system are given.INTRODUCTIONIN 1959, STATIC CONTROL was for the first time successfully applied, installed and operated on a mining machine in North America. Since that time, a great deal has been learned about this control by the people maintaining these machines as well as by the de-signers.In 1961, the first SCR (Silicon Controlled Rectifier) or thyristor control system was installed on an excavator. This control differed from the earlier static control in that thyristor excitors supplied the generator fields directly. The development of thyristors of a sufficient rating to supply amounts of phase-controlled power to the generator fields eliminated the bulky Mag. Amp. -Rectifier combination previously used."

Jan 1, 1969

By Randy McMeekin, Chris Twigge-Molecey, J. Peter Blake

The project implementation phase, FEL4, is generally a complex undertaking. The project has been approved for construction and the capital has been allocated. At this point the project team comes under significant pressure to meet the safety, schedule, cost, and start-up committments. For the design team the principal tasks are to finalize detailed design, complete procurement, and issue construction contracts. Design activities must be closely coordinated with equipment and material procurement. A clear engineering plan should be based on well-defined work packages to meet construction, commissioning, and startup requirements. A range of review processes by discipline, area, and third parties assure quality. Constructability, safety, and hazard reviews are performed throughout the design process. Three-dimensional models that incorporate extensive databases help to maximize efficiency and minimize errors. Well-managed projects have a clearly accountable design team, rigorous change control processes, and well-defined workflows. Key individuals from the design team participate in commissioning, operator training, and startup.

Jan 1, 2015

By G. J. Birnie

Introduction The preparation of the following paper has been undertaken in the belief that a description of the development methods and equipment used at Lake Shore, at the present time, will prove of general ? interest. Working depths of nearly a mile and a half in shaft sinking and of more than one mile for stoping operations have imposed problems not encountered at shallower horizons. Among the problems contributing to the difficulty of mining at extreme depths might be mentioned: Rock pressures Ventilation Hoisting Shorter work period at the face Geological considerations In the main, the effects of these factors add to the difficulty of mining at depth, but it is not entirely true to say that each must necessarily become more pronounced as mining operations proceed to greater depths. Corrective measures may, in some cases, retard the effect and in others may even relieve some of the difficulty. It is proposed here to discuss these features in the light of the experience at Lake Shore, and to present, in some detail, the current practice in shaft sinking and in driving ore and waste passes, raises, drifts and cross-cuts.

Jan 1, 1950

By M. J. deBastiani

The uranium producing division of Denison Mines Limited operates a 6,000-ton-per-day integrated mining unit in the Algoma area of Ontario. The property is located approximately one and one-half miles from Highway I 08, eight miles north of the town of Elliot Lake. The property was staked in 1953, diamond-drilled in ?late 1954 and 1955, and put into production in 1957. Since that date, the operation has produced $250,000,000 worth of uranium oxide from approximately 11,000,000 tons of ore milled, and paid $18,000,000 in dividends to its shareholders. The operation employs about I000 people, and monthly operating costs are approximately one million dollars. From these figures alone, it is obvious that it was necessary to develop and institute an adequate set ?of controls for effective management at all levels of supervision over a period of four years, a system of production and cost control was developed that enables us to effectively measure the pulse of the various phases of the operation at any given time.

Jan 1, 1963