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By John B. Dilwoth

This paper treats primarily of the valuation of developed coal properties by the method of capitalizing their estimated average future earnings. However, reference is also made to valuations of undeveloped coal lands and to various methods of appraisal other than by future earnings. Fundamental Valuation Principles Before discussing in detail coal property valuations, a few statements bearing on the general subject will be made to present certain of the writer's views on the question as a whole. 1. A certain property at a given time has but one true value. This is not universally admitted. The appraiser rather frequently finds that a coal owner has in mind three valuations for his holdings; one, the figure at which he feels they should be appraised for taxation purposes; another, the much higher one that should be used if a loan is to be negotiated on the property; and a third, intermediate between the other two, the price for which he would be willing to dispose of his holdings were they for sale. The last is usually nearest to the true value, and because this is so the statement is generally accepted that the fair value of such a property is the price arrived at by negotiation between a willing seller and a willing buyer who are otherwise disinterested. 2. Notwithstanding the foregoing, it is only very generally and approximately true that the proper measure of the value of a given developed' coal acreage is the unit or per-acre price for which one or more bodies of similar coal in the same district have been sold recently. To give a few reasons why such a measure of value can not be strictly applied, it may be noted: a. That sales are often forced by circumstances at times when the coal business is depressed and buyers can be found only for properties that are offered at figures far below their true value. b. That conversely, during periods of unusual prosperity, abnormally high prices are paid. Such conditions obtained several years ago when coal brokers, with very profitable contracts but no sure source of supply, were bidding against inexperienced or shortsighted operators for proper-

Jan 1, 1928

By L C. Taylor

Very small scale testing has been shown to be able to predict quite accurately, in many situations, the results of full scale testing. Small scale tests are more cost efficient, easily observed, and easily instrumented than full scale tests. Over the past 10 years small scale testing in the Dynamic Effects Laboratory at the University of Maryland has been used to successfully study the response of structures and soils to explosive detonation. Small scale testing has been successfully used to predict full scale results in underwater cratering and channeling, the loading (both pressures and impulse) on vehicles due to the detonation of buried charges, the positive effects of bottom shaping for military vehicles to reduce this loading, and the movement of obstacles underwater by explosive charges.

Jan 1, 2012

By Jinsheng Chen

For underground openings, many factors can cause roof failure and thus roof falls. The most common factors related to Mother Nature are weak roof lithology, geological structures, and an abnormal in-situ stress field. Theoretically, any underground opening can be successfully supported under any geological and mining conditions if the opening width is limited and the roof supporting system is well designed. However, roof control cost must be taken into account. In practice, to minimize the roof control cost, different roof control plans have to be considered to take care of the uncertainty or variation in geological and mining conditions. For most underground mines, it is unsafe or economically unrealistic to use one fixed roof control plan for the entire mine. Therefore, local, abnormal geological and mining conditions must be identified and a site- or area-specific roof control plan must be employed. This study tries to identify the major factors that have significant impact on entry roof stability by analyzing the historical roof fall data at Rofomex mine. Finally, the appropriate roof control plans or roof bolting systems for different geological and mining conditions are recommended.

Jan 1, 2011

By J. I. Paige

The Bureau of Mines, U.S. Department of the Interior, conducts research on methods to minimize the requirements for mineral raw materials through conservation, substitution, and increased minerals and metals recovery from primary and secondary domestic resources. To further this goal, prior Bureau research had devised a pyrometallurgical technique (RI 8211) to recover metallic iron and copper from molten copper smelting furnace slags by carbothermic reduction. As a continuation of this Bureau research on the carbon injection technique, reverberatory and electric furnace slags were treated in an 800-kva electric arc furnace by simultaneously top feeding the slag and injecting coke breeze into the bottom of the molten bath. Results of the tests show that 76 to 89 pct of the copper and up to 48 pct of the iron contained in the smelting furnace slag were recovered in a metallic phase, while 56 to 82 pct of the carbon injected into the sys-tem was utilized as the reductant. Laboratory evaluation has shown that the metal product, which contains 86.9 to 95.0 wt-pct iron and 1.3 to 4.1 wt-pct copper, will be a satisfactory medium for recovering copper by cementation. The expected energy consumption for the process is 110 kwhr per ton of molten slag treated and 520 kwhr per ton of solid material charged.

Jan 1, 1982

By Benjamin Miller

FROM earliest recorded times, limestone has been employed in the industrial life of peoples of all sections of the world where it exists. It is widely distributed and therefore has been available in almost every country and has been employed for a variety of purposes. Its earliest use was for buildings, since it is more easily quarried and dressed than most other kinds of rocks and so could be utilized by early inhabitants, poorly equipped, with tools. The next use was in the manufacture of lime, which was employed by the ancients in mortar. These two uses of limestone are still all important, but they have been overshadowed in scores of regions by literally hundreds of new applications for raw lime-stone or products made from it. Anyone familiar with modern manu-facturing processes can quickly call to mind many industries in which limestones are essential, and new uses are continually coming to notice. Any enumeration would probably be incomplete and soon out of date.

Jan 1, 1935

By Chitombo G. P, Thompson A. G

Excavation engineering involves three key design processes; excavation design, blast design and reinforcement design. An excavation engineering methodology is proposed in an attempt to promote integration and simultaneous consideration of these three design processes. This methodology requires research and development of, inter alia, a universal rock mass classification system and a universal data display system. Simple examples are used to explain and illustrate the concepts central to these components in the three design processes.

Jan 1, 1995

By Thomas L, Archibald N

The use of oxygen in the Mount Percy cyanidation circuit was investigated, with the aim of improving recovery. Preliminary batch and plant testwork justified a plant trial, and it was demonstrated that the use of oxygen reduced gold leachable from plant tailings by 12 per cent, and was economically viable. Oxygen is now in permanent use. Other benefits of oxygen in leaching were not proven. There were no savings on compressed air costs and no measurable reduction in cyanide consumption, although HCN levels in the atmosphere above the tanks declined. The possibility exists that more efficient use of compressed air for tank aeration could have achieved similar recovery gains.

Jan 1, 1992

By Clarence Wright

THE average lead and zinc content of the ores mined and milled in the Joplin district is low as compared with that of other lead and zinc deposits throughout the United States. Because of this fact and of the high grade of the concentrates, the ratio of concentration is unusually high. Most of the operating companies have aimed to produce as high a grade of concentrate as possible in order to obtain the highest price for their product. They have done this at the sacrifice of the percentage of zinc recovered. The average percentage of zinc recovery is from 60 to 70 per cent. For percentage of recoveries from actual mill tests, see tables. The concentration is commonly effected by crushing the ore to h-in. (12.7 mm.) size and subjecting it to a roughing and cleaning over two or more large Cooley jigs, of the Harz type, the finer sands being treated on the usual types of sand and slime tables. The treatment of slimes by flotation is being tested at several of the larger mills. COARSE CONCENTRATION When the ore. has been hoisted from the mine it is dumped onto a chute leading to a grizzly made of iron bars, usually heavy rails, spaced 4 to -5 in. (101 to 127 mm.) apart. The oversize is caught on the grizzly, the mineralized pieces are broken with sledge hammers so as to pass through, and the boulders that are practically barren are sorted out by hand and trammed to the waste-rock pile. The proportion of waste rock thus sorted out varies from a fraction of 1 per cent to 15 per cent., depending on the nature of the rock.

Jan 10, 1917

By Sidney Sigel, J. Gardner Brooks, Irvin R. Kramer

In 1942 Grossmannl proposed that the hardenability of a steel may be calculated from its chemical composition by considering the base hardenability associated with its carbon content and grain size and multiplying this base by factors for each element present. Since Grossmann's original publication, several investigaton2-6 have reexamined the multiplying factors for the individual elements and in general have found that the multiplying principle is valid. However, some of the individual factor curves developed have been in poor agreement. Inasmuch as the carbon-factor curve obtained by Grossmann was dependent Lipon the factors for all the other alloying elements present in the steel, it logically followed that his results were in need of correction in the light of the new data available for manganese, silicon, and the other alloying elements. Furthermore, in order to avoid the possibility that errors in the manganese, silicon, or other curves might influence the carbon-factor curve, investigation of iron-carbon alloys containing little or no manganese and silicon was necessary. That the effect of carbon on hardenability was greater than indicated by Grossmann is shown by a comparison of the diameters of completely hardened rounds of iron-carbon alloys with the ideal critical diameter calculated from Grossmann's factors. These alloys have a greater hardenability in a finite quench than predicted by Grossmann's factors for an infinite quench (Table I). Among the other important variables that were in need of further investigation were the effect of deoxidation practice on the grain-size correction curves and the effect of stable carbide-forming elements on the depth of hardening. Most Of the work by Kramer, Hafner, and Toleman4 was done on silicon-killed steels. It was not known whether Gross-mann's grain-size correction curves, determined on aluminum-killed steels, was valid when applied to steels with different deoxidation practice. More data on the

Jan 1, 1947

By R. L. Boyer, F. Morgan, M. Muskat

In the last several years a type of application of the fundamental permeability-saturation relationships has been developed which offers great promise in the interpretation of general reservoir performance.l-' In these developments no attempt is made to solve the detailed flow dynamics in actual oil and gas-producing systems. That problem still remains unsolved. But the permeability-saturation phenomena are incorporated in the analysis of oil-producing reservoirs in a manner such as to reflect the true role they play in controlling the gross reservoir behavior. In particular, they are introduced in such a manner as to determine the gas-oil ratio of the production at any stage of depletion, and, when combined explicitly with the so-called material-balance principles in differential form, one can obtain a differential equation describing completely the average pressure and gas-oil-ratio history of oil-producing reservoirs. While thus far they have been applied directly only to gas-drive reservoirs, they are susceptible of extension to partial water-drive systems, and qualitatively the same principles are of value in the study Of complete water-drive reservoirs. Moreover, in addition to giving a means for computing the variation of the reservoir pressure and gas-oil ratios vs. the cumulative production, they automatically lead to predictions of the gross ultimate recovery under natural depletion—and when properly extended they provide means for predicting the ultimate recovery under gas or water injection. The data required for such applications are the initial fluid distribution in the producing section, the pressure-volume-temperature data on the gas and liquid phases, and the permeability-saturation relationship for the oil-satuiated zone. The former can be obtained with reasonable accuracy by methods that are well established and available throughout the industry. The permeability-saturation data, however, involve techniques that are not at all standardized. In fact, only

Jan 1, 1947

By Theodore Simons

Permission to present this paper at the February, 1915, meeting of the Montana Section of the American Institute of Mining Engineers was liberally granted by W. A. Clark, Jr., President-and General Manager of the Timber Butte Milling Co., and by the representative of the Minerals Separation Co. For the many courtesies shown the writer on his visits to the mill and for information supplied, he is indebted to all the officers of these companies, especially to W. N. Rossberg, W. D. Mangam, Hamilton Cooke, Jr., T. M. Owen, T. C. Wilson, R. McGillivary, L. L. Quigley, C. Bartzen and others. The writer takes this opportunity to herewith express to them his appreciation and sincere thanks. Location of Mine and Mill The concentrator of the Timber Butte Milling Co. was built to treat the ore mined at the Elm Orlu mine of the Elm Orlu Mining Co., which carries zinc and lead in sphalerite and galena; copper in bornite, chal-cocite, tennantite, and tetrahedrite; and gold and silver either free or chemically combined with the sulphides of the base metals. The gangue is chiefly quartz, barite, fluorite, rhodonite, and rhodocrosite. The iron in the ore occurs as irqn pyrites. The Elm Orlu mine is situated in Butte, Silver Bow County, Mont., near the northern border of what is locally known as the Butte sulphide-copper belt, about one mile north of the Anaconda mine, and adjoining the Black Rock zinc mine of the Butte & Superior Co. on the southwest. The mill is on the northern slope of Timber Butte, a prominent topographical landmark in the Butte district. This site permits to a large extent the gravity system of ore flow; it presents a convenient and extensive area for a tailings pond; and it is comparatively near to the source of water supply and to existing railroads.

Jan 1, 1916

By Joseph Singewald

AMONG the genetically interesting iron ores of the United States are those of the St. Francis Mountains near Ironton and Iron Mountain, Missouri. They are specular hematite in porphyry. The Iron Mountain and Shepherd Mountain deposits are generally spoken of as veins and those of Pilot Knob, Cedar Hill, and Russell Mountain as bedded deposits. Iron Mountain has produced nearly 4,000,000 tons of ore and Pilot Knob about 1,500,000 tons. The output of the other three localities has been insignificant. Pilot Knob is no longer worked as an iron mine, but the rock is now being crushed for use as road metal. Iron Mountain has continued as an active producer. In 1927, the property was acquired by the M. A. Hanna Co. and an extensive prospecting and exploration campaign was undertaken, so that the ultimate production of Iron Mountain will doubtless greatly exceed the figures mentioned.

Jan 1, 1929

By Heidecks C

Sub-level stoping with consolidated rockfill is the main method for mining steep dipping baryte and fluorite veins in Germany. Drifting is fully mechanised using drill jumbos, LHD units and shotcrete support. Stopes have heights up to 50 m with sub-level distances up to 15 m. Winning of the pillars between sub-levels is done by longhole blasting in slices of 3-5 m length on strike. Mucking is done on the lowermost level by LHD units. After each blast rockfill with binder (cement and/or fly ash) is dumped into the scope from the uppermost level. Economic success depends on both geological and technical parameters and factors, eg vein thickness and dip, ore grade, size and distance of sub-level drifts. Of particular influence are ore loss in pillar winning and dilution both in drifting on vein and in pillar mining. A comprehensive computer program has been developed for calculating the total cost per tonne run-of-mine ore respectively per tonne of concentrate for a single stope. The cost model includes development, longhole blasting, mucking and haulage to the mill, milling and ventilation. All costs (labour, energy, supplies, maintenance, depreciation and capital cost) are taken into account. Dilution and recovery are both considered. The program can be used to estimate the cost of mining a particular stope. It can also be used to investigate the influence of relevant parameters and factors on the economic result. By this way it should be possible to optimise the technical design of a stope.

Jan 1, 1995

By M. I. Sherman, J. D. H. Strickland

PRELIMINARY experiments in these laboratories showed that whereas pyrite1 produced only sul-fate the action of aqueous chlorine solutions on most other sulfide ores resulted in the formation of a mixture of sulfate and elemental sulfur, the production of the latter being favored by a very dilute solution of oxidant. The reactions taking place were obviously complex and only a detailed kinetic study could be expected to clarify the position and enable a prediction to be made of conditions leading to the rapid formation of metal salt and the economically desirable elemental form of sulfur. Galena was chosen for the first investigation as it is of widespread occurrence and is representative of a simple cubic lattice sulfide containing the monosulfide unit, S2-. Experimental Procedure The apparatus and general technique used in this work have already been described.' Analyses for chlorine and sulfate were carried out by the same methods as those used for pyrite. The lead in 1 ml aliquots of solution was determined polarographi-cally, after destroying chlorine with hydrazine hy-drochloride and making solutions 0.5 molar with hydrochloric acid. A large sample of Kansas galena, assaying at better than 98 pet PbS, was crushed and wet sieved to give fractions of —10 + 14, —20 + 28, —28 + 35, and —48 + 65 Tyler screen. The particles were almost perfect cubes and the apparent surface Per gram was calculated assuming each particle a cube Of side equal to the mean mesh opening. A volume shape factor, calculated as for pyrite, was exactly unity. The main apparatus was unsuitable for direct visual examination of the ore particles during the reaction. For this purpose a small cell from a Spekker Absorptiometer optical flats 1 cm apart) was l by a greased microscope slide after filling with oxidant solution. One or two ore particles were placed in the cell and the solution was stirred by a glass covered speck of iron wire activated by an external rotating magnet. The surface of an ore particle was examined under a binocular microscope at between 10 and 40 magnifications. Results Experiments were made under a wide variety of conditions, the form of presentation of the data being illustrated by Fig. 1, where the concentrations of chlorine, sulfate, and sulfur are plotted against time. The fictitious concentration of solid sulfur is used for convenience and is the molarity of sulfur which would be recorded if the elementary sulfur formed during the reaction were dissolved in the liquid iii the reaction vessel. As some lead sulfate is occluded with the sulfur on the ore particles the amounts of sulfur and sulfate formed during a reaction cannot be calculated

Jan 1, 1958

By José Geraldo Vieira

Companhia Vale do Rio Doce (CVRD), founded in 1942, is located near the town of Itabira, Brazil. Its iron ore deposits include over 500 million metric tons (mt) of high-grade hematite and about 2 billion mt of itabirite (banded rock formed by thin alternate layers of hematite and silica). These deposits are part of the Iron Ore Quadrangle, of which the overall reserves have been estimated at more than 30 billion mt. The magnitude of the project meant difficult early years for the company, including large investments, extensive railroad rehabilitation, and construction of ore port and ore handling facilities. Companhia Vale do Rio Doce was organized as a stock company, and 91% of its shares are presently owned by the Brazilian government. Financing has been accomplished in part through loans from international monetary agencies foreign banks, and foreign industry, as well as Brazilian banks. The company markets mainly abroad. In 1967, it exported 10.6 long tons (It) of ore, principally to West Germany, Japan, Netherlands, Italy, France, United Kingdom, and the United States. The Rio Doce geographic region where CVRD operates is strategically located among the large population centers of Rio de Janeiro, Belo Horizonte, Salvador, and Vitoria (Fig. 1). It covers an area of approximately 81,000 sq km in the states of Minas Gerais and Espirito Santo, and its population in 1968 was about 3.5 million. This region presents excellent prospects for development, with factors favorable for forestry, agriculture, grazing, and exploration for minerals other than iron ore, Electric power (hydroelectric plants) is available, as well as two main systems of transportation: the Rio-Bahia highway and the Vitoria-Minas Railroad. Pioneer activities at Itabira started about 1720 as small gold mining centers. The town is about 80 km northwest of Belo Horizonte and

Jan 1, 1969

By S. F. Emmons

It was said by many who discussed Professor Posepny's admirable paper on the "Genesis of Ore-Deposits," read at the Chicago meeting of the Institute, in 1893, that its most valuable feature was the clear distinction which it drew between the influence upon ore-deposits of the " vadose " circulation of waters descending directly from the surface, and that of the deep underground circulation of waters generally coming from the depths, and assumed by the author to be ascending through more or less open spaces under the influence of heat. A little later the effect of the oxidizing action of the vadose circulation upon ore-deposits was ably and exhaustively treated by Prof. R. A. F. Penrose, in a paper on " The Superficial Alteration of

Jan 1, 1901

By L. C. IlsLey

Briefly, a permissible schedule of the Bureau of Mines establishes certain minimum standards for safety; it gives details of test methods adopted to determine whether these standards have been met, and a list of charges for such tests. Any manufacturer has the privilege of submitting his product for test in accordance with the conditions outlined in the schedules. His action is wholly voluntary, for the Federal Government has no jurisdiction as to what equipment shall be used in mines, this authority being left to the various States. When the product of a manufacturer has met the schedule requirements, he is permit¬ted to advertise this fact and to attach an approval plate with the bureau's seal to each machine he makes that is identical in every way with the equipment tested, inspected, and approved by the bureau. This work of approval has grown by the addition of new schedules until at present a great many mines are using one or more classes of permissible equipment, and there is still a demand for other approved apparatus in the ever-widening field of electrically operated machinery. The safety of electrical equipment of this type depends on four fundamentals, namely, (1) correct principles of design; (2) proper assembly of parts at the factory; (3) proper assembly and installation of equipment at the mine; (4) and proper operation and maintenance after installation. The first two factors are within the province of the manufacturer. The bureau either inspects and tests several models of one product, such as electric cap lamps, or one model, such as an electric motor. If this series of tests proves satisfactory, the manufacturer is given the privilege of making other appliances, and assembling them in the same way; the approval plate he attaches is his guaranty that the equipment is identical with the one tested and inspected by the bureau. The third and fourth factors concern those who use such permissible equipment, and it is to them that this paper is mainly addressed, in an effort

Jan 1, 1922

By Brenda B. Mehnert

Long-term monitoring is necessary to successfully develop predictive subsidence models. Thus, the Illinois Mine Subsidence Research Program (IMSRP) has documented subsidence over a longwall mine in south-central Illinois throughout a 3-year period. No monitoring results of this duration have been previously published for longwall mining in Illinois. To study the effects of surface subsidence and the rate of subsidence, precise level surveying was conducted at the site two or three times a year. Level surveys were conducted at approximately the same time of year using a WILD NA-2 level with a micrometer. Second-Order, Class-I, closure errors were obtained in each survey. Survey monuments were designed to minimize frost-induced movements. At this particular site in southern Illinois, subsidence over chain pillars and the panel centerline continued 3 years after mining. Since mining in 1988, 6.67 feet of subsidence or 70% of the extracted height has been documented over the panel centerline, with almost 0.30 feet in the last two years. The area over the chain pillars has subsided a total of 1.44 feet, with 0.44 feet occurring within the last 2 years. Monitoring over the chain pillars and at the centerline shows the residual subsidence to be fairly uniform. Monitoring is continuing over both of these areas. Long-term monitoring data can be used to improve evaluation of subsidence effects on land and structures. However, coal companies will time mitigation activities depending on other factors including the threshold of structural damage, type of repair needed, and maintenance of landowner and company relations.

Jan 1, 1986

The Bulli Seam, New South Wales, cenprises middle to high rank bituminous coal, generally of coking quality. It is worked over an area embracing 300 square miles.Variations in several factors are presented:The seam is somewhat. disturbed and 'dissected by various structural features. This structure, and present topography, have resulted in depths of cover from very shallow to approaching 2, 000 ft in the presently, Worked area. Wide variations of seam thickness occur. Gradations of, rank occur from-place to place. Variations in seam gas content and pride variations in seam gas composition are experienced. Variations in coal strength occur. The influences of these factors on the occurrence of stress and gas phenanena in mining exploration are considered.

Jan 1, 1963

By C. L. Ray, R. E. Baarson, H. B. Treweek

As an example of nonmetallic mineral flotation, the separation of several pegmatite minerals will be discussed in considerable detail, from both the laboratory-testing and plant-operation standpoints. The pegmatites have been chosen to illustrate the practicality of the selective separations of the minerals in a complex nonmetallic ore and, in so doing, to set forth a summation of the flotation art and technology which is applicable in part to the beneficiation of several less complex nonmetallic ores. In addition, a brief summary of descriptions of other nonnietallic mineral flowsheets and separations is included. Some of the industrial minerals now being concentrated by froth flotation methods commercially, or in the laboratory, are listed in Table 1. GENERAL CONSIDERATIONS There are two classes of chemicals that are normally utilized as collectors in froth flotation separations of nonmetallic minerals. These are defined as anionic and cationic and are typified by the fatty acids and amines, respectively. The fatty acids are selective to those minerals that have a high concentration of positive surface charges, such as the various calcium minerals typified by calcite, phosphate rock, and fluorspar. The amines are selective to those minerals with a high concentration of negative surface charges, such as silica sand and silicates. It should be noted, however, that by using various inorganic chemicals, a new or synthetic surface can be placed on specific minerals which produces different characteristics, thereby reversing the flotation reagent required for separation. The polar end of the collector attaches to the mineral surface either by chemical or physical adsorption; the nonpolar unreactive end is oriented away from the mineral surface. The result is a hydrophobic coating at the mineral surface which causes attachment to air bubbles. It is this surface condition that permits the floating of minerals which normally sink in water. In order to utilize these fatty acids and amine derivatives, several conditions .must be fulfilled. Before there can be a selective flotation process,

Jan 1, 1962