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By Nathaniel Wollman

About nine years ago the President's Materials Policy Co commission under the chairmanship of William Paley released its report entitled "Resources for Freedom." Not long ago the Senate Select Committee on National Water Resources under the chairmanship of Senator Kerr released a study entitled Water Supply and Demand. Both reports contained projections of future water user the report for 1975, and the Select Committee print for 1980 and 2000, It is my task to compare the two reports. In the initial letter from Mr. Kazmann arranging for thus session he suggested that I present "a critical evaluation of the Paley Report's section on water ?ten years later,? which might include a comparison of predicted and actual water-use rates and would spotlight the assumptions which lead to errors in the predictions , . ." It is possible to compare the results of both studies, and it possible to explain art of the differences that can be found between them. The remainder must remain shrouded in doubt, since the Paley Report did not give all details of the methods used in estimating the com¬ponents of water use.

Jan 1, 1961

By I. Mikov

Established in the 60-ies, the Zlatna Panega quarry is a cement raw materials quarry supplying 95% of the needs of the Zlatna Panega Cement Plant with limestone, marl and other silica-aluminates. The two major types of raw materials are formed by accordingly dipping strata of Upper Jurassic limestones and lower Cretaceous marls. Between them there is a ?transition-zone? or ?contact-zone? of a high-silica content layer, about 5-m thick, defined as ?flint? by investigations including spot sampling throughout the quarry. For many years this ?contact-zone? layer was neglected due its negligible thickness. Further, with the increasing demand on the quality of the raw materials feed to the Plant and the focus on variability of the chemical and mineralogical components, it was decided not to mine any of the parts of the quarry contaminated by this material, for about three years. The latter had an impact on the availability of operating benches that could result in a substantial decrease in the total recoverable re-serves of Zlatna Panega, particularly with respect to marls. There were considerations for resorting to a partial, selective excavation of the quarry pit with a reduced lifetime for the lime-stones and re-opening of an other (currently in-active) marl quarry at a distance of 6 Km from the Plant. The Quarry Team of the Zlatna Panega quarry was assigned to study the problem. The ?contact? layer was duly confirmed with systematic geological (including mineralogy) studies, statistical analysis of available data, surface sampling and shallow exploration drills, resulted into distinguishing a third type of reserves and their credible subsurface delineation by means of geological 3-D modeling and quarry design. A new quarry design was finally elaborated with a view of providing flexibility in mining, utilization of the total volume of all available reserves and maximizing the mine life of Zlatna Panega quarry. An industrial test took place in December 2005, by using the contaminated parts of the quarry (co-mining of the ?contact-zone? materials) at a contribution of 15-20% in the raw materials mix, as dictated by their contribution in the total recoverable resources of the quarry. The purpose was to investigate the viability of this solution ? in line with improved quarry planning ? without compromising the quality of cement production and the efficiency of Plant Operations. Results were overall successful.

Jan 1, 2006

By S. Rukhaiyar, M. Ramulu, G. Pradeep, P. K. Singh, P. B. Choudhury

The drill and blast method is the most prominent rock excavation method used in mining and civil engineering projects. The ground vibration is the most undesirable effect of the blasting and needs to be controlled. The blasts are designed so that ground vibration at nearby structures must remain under the prescribed limit. Various empirical blast vibration attenuation models have been presented to estimate the ground vibration for designing purposes. These models assume ground vibration as a function of distance and maximum charge per delay. United States Bureau of Mines (USBM) model is most commonly used for the blast design. However, the uncertainty associated with these models is seldom characterized, thus diminishing its reliability. The probabilistic Bayesian approach associated with the Monte Carlo method can easily quantify uncertainties associated with the model and its parameters. Thirty-three blast vibration observation data from a granite quarry in Kerala, India, is used to estimate the probability distribution of model parameters. Markov Chain Monte Carlo (MCMC) approach is used for sampling 12,000 samples for obtaining the posterior distribution of parameters. The uncertainty associated with model parameters is quantified from the posterior distribution, and this is further used to estimate the credible and prediction limits of the model. The point estimate of the most optimum value of the parameter is estimated using maximum-aposteriori or MAP estimate. The model parameters are also obtained using the commonly used least-square error method, which is a maximum likelihood estimation or MLE approach. It has been observed that the accuracy of the model obtained using both MAP and MLE approach is almost equal. However, the MAP estimate as per Bayesian probabilistic analysis has the added advantage that it can estimate the uncertainty of parameters as well as the model, which is not possible using the MLE approach.

Sep 27, 2021

By C. D. Anderson

"IntroductionTungsten carbide is a valuable material used in a variety of different applications, including the manufacturing of cutting tools, bearings and as a cost-efficient alternative to industrial diamonds. Both the high hardness value (Mohs 9) and scratch resistance of this material make it a valuable commodity for use in the mining industry.Usually, the production of tungsten carbide is a multistep process involving one or more of the following unit operations: hydrometallurgical digestion, solution purification, crystallization (as ammonium paratungstate), calcination, hydrogen reduction and carbon synthesis. The proposed three-step process eliminates three of these steps (crystallization, calcination and hydrogen reduction) by implementing a combination of hydro/pyrometallurgical techniques. These include alkaline pressure leaching, carbon adsorption and carburization roasting. By eliminating some of the intermediate processing steps, there is potential to reduce energy consumption and decrease overall operating costs.Methods and resultsInitially, alkaline pressure leaching with sodium carbonate (Na2CO3) was employed to selectively leach tungsten, as tungstate (WO4 2-), from an industrial Scheelite (CaWO4) flotation concentrate. Experimental variables included lixiviant (Na2CO3) concentration, temperature and residence time. Experimental constants, based on previous work, were percent solids at 13 wt% and agitation at 400 rpm (Queneau and Strathmore, 1969). Leaching results showed it was possible to extract 97% of the tungsten present. The most favorable conditions for leaching were determined: 2M Na2CO3, temperature of 180° C and a residence time of 30 minutes."

Jan 1, 2015

By O. F. Brown

Excavation and loading are primary operations in the surface mine production chain, constituting a significant component of production costs. This makes excavation and loading important cost centers that need to be improved to lower production costs. Optimizing the design and use of excavators will improve energy efficiency in earthmoving operations, and this requires a thorough understanding of the soil-tool interaction process. Modeling the interaction process accurately is the key to this optimization. Experimental and analytical methods have provided limited information on the behavior of soils during excavation. Finite element (Fe) analysis of soil-cutting blade interaction produces some advantages over experimental and analytical methods. However, the soil constitutive equations used in most of the available Fe analyses fail to adequately model the plastic behavior of the soil. This work uses Fe modeling to study the behavior of formation-cutting blade interactions in dozer excavation. The formation is modeled as a nonlinear elastoplastic material using the modified cam-clay (mCC) model. The model accounts for soil-tool interface friction, and progressive and continuous cutting at the blade tip. The results provide soil forces, a progressive developed failure zone and soil displacement fields. The sensitivity analysis of changes in blade angle on cutting force shows that the cutting force increases with increasing blade angle. The cutting depth of the blade had a similar effect on blade cutting force. Increasing the depth of cut increases the required cutting force. Increasing the coefficient of friction at the soil blade interface increases the blade cutting force. Reducing the coefficient of friction at the soil blade interface from 0.3 to 0.05 reduces the cutting force by 22.3%. The percentage represents the maximum potential savings in blade cutting force. This research initiative advances the frontiers of soil-tool interactions during excavations to expand the limited knowledge in this critical area.

Jan 1, 2012

By J. Kemeny, K. M. Kim

A site-specific blasting model has been developed for the Asarco Mission mine. The main inputs to the model are the in situ block size (F80), the post-blast fragmentation (P80) and the intact tensile strength (To). The output from the model is the specific blast energy (ESE). Modern techniques are being used to obtain the input parameters for the site-specific blast fragmentation model. In particular, image processing software is used to obtain both the in situ block size and the post-blast fragmentation, and the Schmidt hammer is used to obtain the tensile strength at numerous locations throughout the rock mass. An initial model was developed using five test shots in an area of the mine that contains argillite and is relatively homogeneous. This process also included calibrating Schmidt hammer readings against actual Brazilian tensile measurements. The model for argillite will be updated as more tests are conducted, and the model will be extended to the four other primary rock types at the Asarco Mission mine.

Jan 1, 2011

By Todd Burchett

Mining engineers spend countless hours and resources when designing a new underground coal mine. Their primary objective is to design the safest and most efficient operating mine with regards to coal production. A key variable often overlooked in this design stage is the slope conveyor. Typically, a slope conveyor is expected to operate with a 98-percent or higher availability. However, too often little effort is put forth by the mining engineer to optimize its design. Coal companies will rely on engineering, procurement, construction and management (EPCM) companies for the preliminary design, because the slope conveyor will be considered part of the surface material handling processes. This preliminary design will be used when soliciting quotations for the slope conveyor. Unfortunately, EPCMs may not have enough expertise with conveyors to optimize the design. This expertise is available with an original equipment manufacture (OEM) of conveyors, which ultimately may be responsible for supplying the slope conveyor. Each OEM will provide a bid package that represents what it considers to be the optimal design.

Jan 1, 2013

By P. Gelfi, J. Vanderbeek, J. Enriquez

"The Cerro Verde copper-molybdenum mining complex is located near Arequipa, Peru. A 108,000 t/d copper concentrator (C1 concentrator) commenced operation in late 2006 and was debottlenecked to a 120,000 t/d capacity in 2011. A feasibility study, initiated in May 2010, assessed the potential for expanding the processing rate of the large Cerro Verde sulfide reserve via the installation of a second, stand-alone, concentrator (C2 concentrator) capable of processing a nominal 240,000 t/d ore. The feasibility study was successful and the project advanced through engineering, permitting and construction. Ramp up to nameplate capacity was ahead of schedule. The overall project was completed on schedule and within budget. The details of the project and supporting components are described. The design philosophy and design basis of the concentrator facilities are discussed as are factors that influenced the concentrator layout. Risk mitigation features included in the design are reviewed. The factors that drove the successful and rapid ramp up to nameplate capacity are discussed. Operational experiences in the first year of plant operation and project lessons learned are described. INTRODUCTION/BACKGROUND Sociedad Minera Cerro Verde S.A.A. (SMCV) operates a copper mine near Arequipa in southern Peru. Small scale operations operated intermittently until 1970 when the deposit reverted to the ownership of Minero Perú S.A (Peruvian government). Minero Perú S.A. commenced mining and processing of oxide reserves in 1972 and placed an SX-EW plant into production in 1976. The ownership of the property has changed hands several times over the years. Minero Perú sold Cerro Verde to Cyprus Climax Metals in 1994. Cyprus was acquired by Phelps Dodge in 1999. Freeport-McMoRan (FCX) acquired Phelps Dodge in 2007. Several studies were undertaken during the 1990’s that tried to establish the economic justification to process the large primary sulfide resource that underlies the surface oxide deposit. None of these studies produced an economic conclusion until a feasibility study was completed by Phelps Dodge and SMCV in 2004. This study provided the economic justification for the construction of a 108,000 t/d concentrator during 2005 and 2006. The key to the success of this study was identifying a water source that was sufficient to support processing economies of scale. Concentrator operations commenced in late 2006. The original design production rate of 108,000 t/d was achieved on a 30 day moving average basis on the 266th day after ore was first introduced. During 2009, studies and evaluations were performed that had the objective of addressing observed concentrator bottlenecks to allow a production rate of 120,000 t/d to be achieved. The 120,000 t/d figure represents the sustainable production limits associated with the installed primary crusher and tailing thickeners which would have been prohibitively expensive to upgrade. Debottlenecking activities were implemented during 2010 allowing sustained production rates of 120,000 t/d to be achieved."

Jan 1, 2017

By Amir Karami, Scott Munro

This paper focuses on remediation of a 3.6 km long water conveyance tunnel that suffered two large falls of ground (FoGs), one of which subsequently progressed to the ground surface, resulting in full collapse of the tunnel. The tunnel is part of a network of water conveyance tunnels and open channels that direct water into two turbines located in an underground powerhouse, originally constructed in the 1970s. At the time of construction, the tunnel was partially supported with shotcrete or rock bolts, with no further ground support added since construction. Two sonar surveys in 019 and 01 identied two adacent large FoGs in the tunnel, approimately 1.2 km from the tunnel outlet. Historical geological and geotechnical information indicated that the FoGs occurred within a 60 m wide fault zone. Remediation plans were developed, which included stabilization of the outlet channel, the portal, the tunnel leading up to the FoG areas (1.2 km length) and the FoG areas. Several remediation options were considered to restore the tunnel, including construction of a diversion tunnel to bypass the FoGs or remediation of the FoG areas with steel ribs and backlling the void above the FoGs to surface.

Jun 23, 2024

By L. Hoffman, F. Seymour, S. Hoerger

Newmont has a large integrated operation in Northern Nevada with numerous mines, stockpiles, and processing facilities. There are over ninety defined metallurgical ore types and over sixty defined gold recovery process options. To take better advantage of the available synergies, a complete Nevada wide mine plan and process model along with a mixed Integer and Linear Programming optimization tool has been developed and implemented. This system is maintained and operated by a Nevada Planning Group. Standard in-house planning software tools and methods have been implemented at all mine sites. While increasing the effectiveness of planning in Nevada, these changes have allowed a significant reduction in overall Mine Engineering staff.

Jan 1, 1999

By Sara Swiokla Korsikas, Toren Olson, Amado Guzman, Yuri O. Zepeda P

Ore agglomeration has been used as part of the heap leaching process for the last 40 years. However, industrial experience shows that the lack of a universal agglomeration standard has limited the benefits of this, otherwise, valuable unit process. The more complex the ore, in terms of the nature and relative abundance of fines (<74 μm), the more important that the agglomeration product satisfies some minimal requirements. This paper presents an agglomeration scale that identifies the quality standards for agglomerates and documents the resulting mechanical, physical, and hydraulic (hydrodynamic) behavior associated with each level on the agglomeration scale. The hydrodynamic properties of an agglomeration product are critical for the proper design of a leaching operation and, as shown in this paper, can be used to select the optimal pretreatment method for a given ore sample. Agglomeration as a unit process not only allows better conditioning of the hydrodynamic behavior of the ore but also creates an opportunity for optimized delivery of reagents to kick-start the leaching process which may ultimately improve the economic performance of leaching. Industrial case data is used to demonstrate the shortfalls associated with low-quality agglomeration and the benefits of improved agglomeration which range from enhanced porous structure (better percolation and drainage characteristics) to better metallurgical response (faster kinetics and higher metal recovery). Proper agglomeration has been used to render otherwise untreatable ores into valuable leaching resources.

Feb 9, 2024

By Todd Loudin

A majority of the chemical process industry uses lime in either a powder or liquid form. Engineering and maintenance personnel often face a long and potentially expensive trial-and-error period in order to find the best process equipment to handle lime. Limestone is mined from a quarry in the form of calcium carbonate (CaCO3). Then, it is crushed and fed into a kiln at approximately 1,093° C (2,000° F), where the carbon dioxide is burned off (calcining) to make calcium oxide (CaO).

Jan 1, 2010

By Andrea Biagi, Elisa Comis, Gianluca Bella, Enrico De Panicis, Guido Barbieri, Matteo Giani

The Sotra Link Project is a major infrastructure project in Norway involving the design, construction, financing and maintenance of several underground and surface structures between Sotra island and the city of Bergen, among them 23 tunnel portals, 12.5 km of tunnels and a 900 m long suspension bridge. This paper describes the benefits in applying a Building Information Modelling (BIM) approach to tunnelling, from Early Design to the Detail Design Phase. The BIM application to the Sotra Link Project resulted in several improvements, such as efficient handling of clashes and inconsistencies, deeper understanding of effective design choices (reduction of errors), more efficient communication between designers, enhanced control of project quantities and costs. The advantages of the BIM approach during the ongoing Construction Phase are also explained.

Jun 23, 2024

By Dongjie Zhang, Shuxin Liu, Jianduo Wang

Broken rock mass and unreasonable stope structure parameters can cause excessive ore loss and dilution in sublevel caving; this is the main problem faced by caving mining in recent years. This paper proposes a stope structure parameter optimization method suitable for steeply inclined medium-thick broken ore bodies and evaluates the reliability and effectiveness through case studies. To solve the problem of large ore loss and dilution in the high-end wall sublevel caving method of Xilinhot fluorite mine, it is necessary to select proper stope structure parameters. Based on the theory of random media, an end-wall ore drawing experiment was carried out, and the bulk flow parameters needed to optimization of stope structure parameters were determined. In the experiment, it was found the draw-out body of high-end wall ore drawing showed a fine top and a thick bottom; the granular media had good fluidity. The reasonable caving step is determined to be 1.2 m instead of the 1.6 m originally used. Through the optimization experiment of the mining route position along the vein, the study found that the best route position is different with the ore body inclination. When the inclination angle of the ore body was 90°, the reasonable route was located in the center of the ore body. When the inclination angle of the ore body was between 85° and 90°, the route moved from the center of the ore body to the footwall at a rate of 22.5%. When the inclination angle of the ore body was between 80° and 85°, the route moved to the footwall at a rate of 54.8%. When the inclination angle of the ore body is not greater than 80°, the route should be arranged on the boundary of the footwall. Field application results showed the dilution rate reduced by 7.66% and the recovery rate increased by 7.31%. Field test results verify the effectiveness and applicability of the optimized stope structure, which corroborates the effectiveness and applicability of the optimized stope structure.

Mar 10, 2022

By K. E. Robinson

During operation of tailings impoundments, water is lost through decanting, evaporation and seepage. Techniques have been developed to regulate or control each of these components. Collectively implemented, these techniques form the basis of tailings impoundment management. Regulation of the rate and level of decanting influences the size of a free water pond, and, thereby, the amount of evaporation and seepage, which are both area-dependent. Conversely, the encouragement of seepage and/or evaporation could also be used to reduce decanting requirements. Management of one of the components of a tailings impoundment&apos;s water balance is reflected in changes in the other components. The seepage component has the greatest potential impact on the environment, and consequently requires the closest scrutiny. Water percolating through tailings backfill transports heavy metals and other dissolved solids from the impoundment into the local groundwater regime. Depending on the seepage volume and concentration of contaminants, seepage from impoundments could exceed environmentally tolerable limits. Once mobilized, seepage-borne pollution is much more difficult to treat, mainly because of the problems in collecting the diffusive transportation medium. Pollution abatement measures relative to tailings impoundment seepage depend on seepage prevention or reduction. Seepage control measures include constructing barriers to flow, pump-back systems of interception and restricting the supply of water available for seepage.

Jan 1, 1987

By E. Siami-Irdemoosa, S. R. Dindarloo

"Pareto analysis was used to investigate the failures database of a Hitachi EX1900 hydraulic shovel over one year of continuous operation. The hydraulic system and hydraulic links, hoses and piping were identified as the most critical system and subsystem, respectively. A three-parameter gamma distribution function was identified as the best fit for a probabilistic modeling of the time between failures (TBFs). This distribution was used in a Monte Carlo reliability analysis of the hydraulic system. Autoregressive integrated moving average (ARIMA), within the context of a time series analysis of the TBFs, was proposed as a viable alternative to the traditional technique of distribution fitting. The mean absolute percentage error (MAPE) metric was used to compare the two models. The MAPE value that resulted from the ARIMA was 66 percent smaller than that from the traditional technique in predicting the TBFs.Resumen ¦ Se usó análisis Pareto para investigar la base de datos de fallas de una pala hidráulica Hitachi EX1900 durante un periodo de un año de operación continua. Se identificó al sistema hidráulico y a los enlaces hidráulicos, mangueras y tuberías como el sistema y subsistema más importantes, respectivamente. Se identificó una función de distribución de tres parámetros gamma como el más apto para un modelado de probabilidades del tiempo transcurrido entre las fallas (Tabes por sus siglas en inglés). Esta distribución fue usada en un análisis de confiabilidad Monte Carlo para un sistema hidráulico. El promedio de movimiento integrado auto-regresivo (ARIMA por sus siglas en inglés), dentro del contexto de análisis de serie temporal de los TBFs, fue propuesto como una alternativa viable a la tradicional técnica de ajuste de distribución. Se usó el porcentaje de la media absoluta de error (MAPE) para comparar los dos modelos. El valor MAPE que resultó de la ARIMA fue 66 por ciento menor que el resultado obtenido con la técnica tradicional de predicción de TBFs."

Jan 1, 2015

By M. T. Ityokumbul

The use of yield index, the product of the yield and gangue rejection, for the optimization of separation processes is presented. The characteristics of the yield index are contrasted with separation efficiency calculations and applied to laboratory froth flotation and washability data. Data from continuous froth flotation tests conducted to "optimize" froth flotation using process optimization software were also evaluated with the yield index procedure.

Jan 1, 1997

By M. K. Larson, J. K. Whyatt

Proper employment of numerical stress analysis design tools is based on the demonstrated ability of a model to capture key elements of the geologic site model and accurately simulate how these elements interact with a mine design. While these tools have progressed markedly, they are, at heart, a gross simplification of the abundant complexity of a natural setting and its response to mining. A generic deep longwall site model was developed that includes aspects of the geology of deep coal mines in the Wasatch Plateau and Book Cliffs coal fields of Utah. The site model contains a set of common features and observations of how these features typically respond to mining. This site model was the basis for evaluating use of empirical, boundary element and volume element stress analysis tools to analyze the distribution of stress around a deep longwall panel. More specifically, this evaluation examined shifting of stress to panel abutments and gob, distribution of stress in the abutment and deformation and failure of bridging strata. Measurements of abutment stress changes at two sites in the Wasatch Plateau region were used to illustrate model calibration. Overall, these comparisons highlight the considerable differences between methods. Volume element tools can incorporate considerable detail and have fewer underlying assumptions, but this detail carries a considerable computational cost. Boundary element tools are much more efficient. However, this efficiency comes at the cost of added assumptions. These assumptions were challenged by the presence of a strong sandstone unit in the overburden, leading to boundary element results that depart significantly from volume element results. Empirical rules are the simplest, but are even more burdened by assumptions, many of which are implicit in underlying cases. Insight into the nature and impact of underlying assumptions in each method is essential to the proper use of results in mine design.

Jan 1, 2009

For the third successive year it appears that demand for platinum will exceed supplies of newly-mined metal, forecasts Johnson Matthey in its "Platinum 1987 Interim Review." Based on data available at the end of August 1987, Johnson Matthey estimates that western world demand for platinum could exceed 93t (3 million oz) for the first time ever in 1987. Given a likely increase in demand of 4.3t to around 94t (140,000 oz to around 3.02 million oz), up by about 5% over 1986, there would be a 1.8- to 2.2-t (60,000- to 70,000-oz) shortfall in 1987 supply. South African mines enjoying undisrupted production last year after strikes affected Impala&apos;s output in 1986. The rate of increases in western world supplies, though, has probably not kept pace with the growth in demand. A downturn in US demand for platinum was counterbalanced by substantially increased purchases from Japanese and Western European consumers of the metal. Total imports of platinum into Japan in 1987 may have reached a record level of 45t (1.45 million oz). The largest source of demand for platinum remains its use in autocatalysts US and Japanese auto manufacturers reduced their platinum purchases in the wake of falling car production. Therefore, a small decline in overall 1987 sales of perhaps 780 kt (25,000 oz) was expected in 1987. Western European demand, however, rose strongly as a result of increased output. The spread of exhaust emission control regulations has sharply boosted the number of cars equipped with three-way catalysts containing platinum and rhodium. Western European auto makers probably needed 5.6t (180,000 oz) of platinum last year, a 50% increase over 1986. The jewelry industry, the second largest user of platinum, increased its offtake of platinum in 1987. Japan, the key to the jewelry industry&apos;s consumption of platinum, could absorb 24.8 to 26.4 (800,000 to 850,000 oz) in 1987, compared with 23t (740,000 oz) in 1986. Platinum has wide and diverse applications in industry. Other major users are the chemical, glass, electronics and petroleum industries. They were expected to increase their aggregate demand by about 1.8t (60,000 oz), or 11% in 1987. Investment demand for small platinum bars and coins of up to 311g (10 oz) dropped back in relatively inhospitable conditions. This, after rapid increases in recent years and a surge in US demand in 1986. However, Japanese investors purchasing bars weighing 500g or 1 kg (16 to 32 oz), and considered more speculative, recovered last year. Over the first eight months of 1987, platinum performed strongly on the open market with average prices well up from 1986 in dollar terms. But the increase was less marked where measured in sterling or yen. Platinum ad¬vanced by $3.70/g ($115 per oz) between Jan. 1 and mid-September with the average price having been surpassed only in the heady days of 1980. Johnson Matthey believes that supply and demand appear likely to keep more or less in step on a gently rising path. The recent open market volatility will continue with prices fluctuating widely over short periods. Writing in mid-September, and basing its view on the tangible evidence of platinum&apos;s price fall since the review was written, the company&apos;s assessment of price prospects is unchanged. Demand for platinum remains strong all-round. In October, imports of platinum into Japan were exceptionally high. And in the US and Japan there was a marked resurgence of demand from private investors. Although market sentiment may have been influenced in part by the news of several potential new platinum mines in South Africa, the full effects of these prospects on supply, even if they were all to materialize, would not be felt before the early-mid 1990s, Johnson Matthey said. According to the review, no radical change in platinum supplies is discernible in the near-term. Incremental growth from South Africa can be expected as the major producers continue to make the most of their existing resources. The Soviet Union may be keener to sell than it appeared earlier in 1987, especially if prices hold up, but a substantial increase is improbable. Canadian supplies are not capable of much variation from present levels. The palladium-rich Stillwater mine will make a modest contribution. Referring to the investment market, Johnson Matthey concluded that despite this year&apos;s reduction in sales of small-denomination investment products, platinum does appear to have established itself with private investors. Bearing in mind how business multiplied in comparatively unfavorable conditions before 1986, it is reasonable to look for a resumption of growth once the climate improves.

Jan 2, 1988

By Wm. Terry Siemer

Abstract. The value of industrial rocks and minerals produced in New Mexico in 1978 exceeded 227 million. 1e state ranked first in the nation in production of potash and perlite and was a leader in pumice production. Other commodities with sizable production in New Mexico include barite, caliche, clay, dimension stone, fluorspar, gypsum, humate, limestone, mica, salt, sand and gravel, scoria, and silica sand Non metallic resources are distributed throw out the state, but development and exploitation is concentrated in western and southeastern New Mexico. The value of industrial rocks and minerals within the state grew about 9 percent to more than $227 million in 1978. Continued growth, however, depends on continued demand, exploration, and development.

Jan 1, 1980