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By N. L. Richards

In manufacturing for the 21st century, the first company to market often leads the pack in product development and sales. In this respect, manufacturing processes play an important role in transforming “raw materials” into a product(s) for sale to a customer. Thus it can be seen that upfront modelling of a design concept, or modelling of manufacturing processes in a plant, can play an important role in effectively ensuring the overall design and manufacturing route is carried out in an expeditious manner. In the paper various scenarios are considered with respect to modelling the microstructure and/or process, in various manufacturing processes. Also considered are the effects of service condition on the manufactured product in terms of creep and fatigue.

Jan 1, 2010

By Ferri Hassani

Some future challenges ? People ? Shortages of HQP (e.g. engineers, scientists, geologists) ? Environment ? Regulatory standards - GHGs and air pollutants ? Mine waste management and rehabilitation ? Downstream processing (e.g., alternatives to cyanide) ? Climate change adaptation ? Lowering costs and improving productivity ? Energy efficiency ? Mine automation ? Health and safety ? Deep mining

May 1, 2008

By John Convey

This paper, a follow-up to an earlier study, gives the history of Canadian developments in mineral processing from 1921 to the fall of 1964. It deals extensively with comminution and flotation, and then goes on to cover the fields of gravity concentration, magnetic concentration, cyanidation, the processing of uranium ores, and instrumentation. Several outstanding examples of installations are given. The paper concludes with a discussion of present-day trends in mineral processing. Introduction T HE history of the developments in mineral processing in Canada from its earliest times to 1920 has already been published by one of the authors (1). The present paper is thus a logical follow-up to bring this history to date. From 1834 to 1920, mineral processing in Canada, as elsewhere in the world, was in its formative stage. This, however, prepared the ground for developments that have resulted in a mining empire from the Atlantic to the Pacific, a mining empire which could be said to be almost on par with that in the United States.

Jan 1, 1965

Shafts are the most important workings in the underground mines. Their technical state to a large extent determines the safety and efficiency of mining operations. However, in many cases periodically performed inspections show unsatisfactory technical state of the shaft lining (local defects, cracks, cavities, losses of the outer surface of the lining or, in case of the bricks, losses of the masonry). The most common cause of these types of damage is progressive deterioration of the lining material, impact of aggressive mine waters, impact of mining operations, deformation of the lining due to the rock mass saturation, seismic activity or periodic freezing of the lining in the upper part of a shaft. The paper presents legal requirements associated with the use of mine shafts in Polish coal mines as well as the ways and range of their control. Furthermore, examples of typical damage to shaft lining and ways to repair it, such as additional bolting, filling cavities or a wire mesh and shotcrete installation, are shown. In the final part, the paper presents a short example of a shaft, in which damage to the lining was one of the main causes of the shaft's failure. Due to the damage to the shaft lining, at the depth of approx. 65.0 m, the shaft was spontaneously filled with overburdened soil material. It resulted in a large crater to come to the surface, which, in turn, caused damage to the buildings and facilities present in the impact zone. On the surface the diameter of the crater was approx. 60.0 m, its depth approx. 11 m and the estimated volume was of about 30,000 m³. The disaster also caused disturbance in the ventilation of two neighbouring mines and the increase in methane hazard. Given the size of the crater, the measures to eliminate consequences of the catastrophe were undertaken in several stages.

Aug 1, 2013

Carrying Energy ?Energy ?Power, data, signal, hydraulics, pneumatics? ?Needs to be conveyed from a stationary point to a system in motion ?Cable Carriers (steel and plastic), Festoon Systems, Cable Reels and Bus Bars Polymer Cable Carriers ?Life Line for modern machinery ?Transmitting power, data, signal, hydraulics or pneumatic energy ?Constructed and designed to work in harsh environments, at high speeds and to do this continuously ?Meet a wide variety of cable (Media) requirements ?Virtually maintenance free ?High efficiency

Nov 1, 2011

By Y. Q. Li, X. H. Long

In this work, structural and electronic properties of smithsonite (ZnCO3) and cerussite (PbCO3) as the typical lead-zinc oxide minerals is simulated by means of DFT. The calculated results could be concluded as: (1) The density of states (DOS) of Zn atom in ZnCO3 is nearer to the Fermi level than that of Pb atom in PbCO3, suggesting that the Zn atom of ZnCO3 is more active and easier to interact with water molecules and hydroxyl ions. Smithsonite, therefore, could be more readily depressed in the flotation process. (2) The bond population value of Zn-O (0.23) and C-O (0.92) in ZnCO3 is obviously larger than that of Pb-O (-0.01) and C-O (0.85) in PbCO3, indicating that the covalent characteristic of ZnCO3 is stronger than that of PbCO3. (3) It is shown that the charge of Pb (+1.32e) in PbCO3 is more positive than that of Zn (+1.22e) in ZnCO3, suggesting that cerussite is easier to interacting with HS- compared with smithsonite in the flotation process. In summary, the structural and electronic property of smithsonite is completely different with cerussite, leading to the difference of their flotation behaviour.

Jan 1, 2015

By P. R. A. Andrews, R. K. Collings

"There are more than 300 occurrences of fluorite in Canada. Deposits of economic significance, however, are confined to Newfoundland and Nova Scotia in eastern Canada, Ontario in central Canada, and British Columbia in western Canada. Fluorite has been mined and processed intermittently in Ontario and Newfoundland until November 1990, when Canada's only producer Minworth Ltd., a U.K. based company, with a mine and concentrator near St. Lawrence on the Burin Peninsula, Newfoundland, closed its operation.CANMET has processed ore samples from each of the major mineralized areas, and thirty-one studies were conducted between 1920and 1970. A summary of the important aspects of the various testwork studies is presented. The production of acid-grade fluorite was possible by flotation, and ceramic-grade, by flotation and gravity concentration methods. Gravity concentration methods included heavy media separation, jigging and tabling. Flotation was by direct and reverse techniques; associated minerals, quartz, calcite, barite, etc. were depressed by a variety of depressants. The function of the major depressants is discussed briefly. The various uses offluorite which include hydrofluoric acid, chlorofluorocarbons, aluminum production, petroleum alkylation, fluxing and ceramic applications etc. are discussed briefly."

Jan 1, 1993

By David E. Pearson

"Western Canadian coking coals are located in the Rocky Mountains arid foothills of British Columbia and Alberta. They are typical of non-marine coals, characterized by total sulphur contents of less than one per cent and with ash contents of 10-30 weight per cent. This mineral matter is composed principally of kaolinite and quartz.The petrographic compositions of most of the coking coals which constitute the 2.065 billion tonnes of British Columbia's measured reserves, and the compositions of the metallurgical coal currently exported from Alberta, show them to be rich in the inertinite macerals, macrinite, fusinite and semifusinite. When the mean maximum reflectance of vitrinite in oil/Romax) is used as the coal rank parameter, this high inertinite content is reflected in the lower volatile-matter yields, but the relatively inert character is also displayed by lower free swelling indices (PSI), lower maximum dilatations, lower maximum fluidities and lower coke strengths than other coals of the same rank, but richer in the reactive macerals, vitrinite, exinite and semifusinite. Despite these reduced values in the so-called caking tests, inertinite-rich coals produce strong coke.A system of classification of coking coals is introduced which is based on rank, as indicated by Ro max, and either petrographic composition, maximum dilatation, maximum fluidity or, to a lesser extent, PSI and volatile-matter yield. Six principal coal groups can be distinguished among coking coals using this versatile classification. Inertinite-rich coals are assigned to the Keystone Group (GI), Balmer Group (G3) or Moura Group (G4), each group being named for a coal typical of that population ofcoals. Reactive-rich coals are assigned to the Pittston Group (G2), Kellerman Group (G5) or Big Ben Group (G6). A multiple-regression analysis of coal quality versus price shows how the value of coking coal in the Japanese market appears to be related to reflectance and the free swelling index, and confirms the economic viability of the classification.British Columbia's measured reserves of coking coal contain representatives of four of these groups; Balmer Group (73%), Moura Group (/6%), Pittston Group (3.4%) and Kellerman Group (7.6%).This analysis of the quality of Western Canadian coking coal indicates that despite the need for large proportions of inertinite-rich coking coal in blends produced in the Japanese steel industry, there is nevertheless a demonstrated overabundance of Balmer Group and Moura Group coals available to the international coking coal market."

Jan 1, 1980

By C. Pichler, J. Antrekowitsch

During the production process of steel and other metals a lot of different by products are generated in high amounts. Some of these residues are recycled to recover valuable metals like zinc, lead, copper and others. Especially the treatment of steel mill dust presents a great challenge. The need for new technologies can be seen in the wide range of available recycling concepts for steel mill dust treatment, however most of them have significant disadvantages. An example is the waelz process, which generates about 650 to 700 kg slag during the treatment of 1000 kg steel mill dust. This so called "waelz slag" must be dumped in the most cases. To avoid a landfilling all generated products must be able to get reused in another application. A so called "Zero Waste Process" can be reached with the "2SDR Process" (Two Step Dust Recycling Process), in which the dust is treated on an liquid iron bath generating cast iron, inert slag and zinc oxide. These products have a further usage and can also be sold. The paper focuses on the process development through trials in lab and technical scale up to planned pilot scales, with an accompanying characterisation of the generated products were done.

Jan 1, 2014

By Sebastian Siebert

Unmanned Aerial Vehicles (UAV) as a data acquisition platform and as a measurement instrument have become attractive for many surveying applications in civil engineering. However, their performance is not well understood for these particular applications. The specific scope of the presented work is the performance evaluation of a UAV system that was built to rapidly acquire mobile 3D mapping data for large earthmoving construction sites. Details to the components of the developed system (hardware and control software) are explained. A novel program for photogrammetric flight planning and its execution for the generation of 3D point clouds from digital mobile images is explained. A performance model for estimating the position error was developed and tested in several realistic construction environments. Results to these tests are presented as they relate in particular to large excavation and earth moving construction sites. Results and experiences with the developed UAV system are in particular useful for researchers or practitioners in need for successfully adapting UAV technology for their application(s).

Aug 1, 2013

By D. R. Nagaraj, Napoleon Tercero, Raymond Farinato

"Several studies conducted recently have shown that molybdenite flotation from Cu-Mo ores is adversely impacted in sea water at pH >~ 10.0 irrespective of the pH modifier; under the same conditions Cu sulfide flotation is relatively unaffected. This has been attributed to the presence of Mg2+ ions and their hydrolysis products in the sea water which adsorb and precipitate on molybdenite surfaces as Mg(OH)2. However, why and how Mg(OH)2 impacts only molybdenite flotation in the complex flotation pulps containing a multitude of minerals is not understood. The work presented in this paper probes the interface and interphase regions near the edge and basal planes of natural molybdenite (MoS2) in aqueous solutions and flotation pulps, particularly in the presence of copper ore pulp and added Mg2+. Differences in interaction of metal ions and their hydrolysis products (Mg2+, Mg(OH)+) were measured on the two faces of this anisotropic mineral. How those differences relate to molybdenite floatability and the impact of aqueous solution chemistry are discussed.INTRODUCTIONWater resource management is an important sustainability challenge in mineral processing. In view of the shortage of fresh water in many parts of the world, mineral processing plants are evaluating alternative sources. Seawater flotation has received much attention recently and there have been several important studies reported in the literature, particularly for the processing of Cu-Mo ores (S. Castro, 2012; S. Castro, Rioseco & Laskowski, 2012; S. Castro et al., 2012; Laskowski & Castro, 2012; Ramos, Castro & Laskowski, 2013; S. Castro & Laskowski, 2013; Laskowski, Castro & Ramos, 2013; Nagaraj & Farinato, 2014; S. Castro, Uribe, & Laskowski, 2014; Veki, 2013). The main conclusions from these studies on Cu-Mo ores in seawater at elevated pH were: a) flotation recovery of Cu sulfides is either unaffected or only marginally reduced, b) molybdenite recovery is adversely affected in seawater at pH values necessary for rejecting pyrite (i.e. pH > 10 to 10.8 depending upon particular system), and c) the precipitation of Mg2+ in seawater as Mg(OH)2 is responsible for the adverse effect on Mo flotation. In order to further investigate the individual effects of Mg2+ and Ca2+ on molybdenite depression in Cu-Mo ore flotation, Nagaraj & Farinato (2014) conducted flotation tests wherein individual metal ions were spiked into tap water during grinding of Cu-Mo ores. They showed the strong adverse effect of Mg2+ addition on Mo recovery and, to a lesser extent, on Cu recovery when pH > 9.5. Under similar conditions, Ca2+ had virtually no effect on either Cu or Mo sulfide flotation. Figure 1 below shows the previous results for Cu- Mo ores in tap water and the effect of addition of Ca2+ and Mg2+ ions. Note that in seawater the adverse effect of Mg2+ on Cu recovery was much smaller than that in tap water (Nagaraj & Farinato, 2014; Figure 4a and 4b and Table 4 therein)."

Jan 1, 2016

By G. R. Cope, C. D. Spence

"The Mac porphyry molybdenum prospect is located 100 km east of Smithers in central British Columbia. The identification of anomalous levels of molybdenum, copper, and silver in three adjacent lakes, sampled during a regional lake sediment survey, lead to the discovery of molybdenite mineralization in float. Subsequent magnetic and soil geochemistry surveys, together with prospecting and mapping, located the source of the float. Mineralization is hosted by a leucocratic granite stock of the Upper Jurassic to Lower Cretaceous Francois Lake Intrusions which has intruded Carboniferous and Permian Cache Creek Group volcanic and sedimentary rocks. The stock measures 500 m by 300m at surface and is mineralized throughout. Sulphide mineralogy is simple and consists of molybdenite with minor pyrite and local chalcopyrite. Molybdenite occurs within fractures and as selvages along quartz stockwork veins and is best developed near the margins of the stock.Known mineralization is coincident with distinct soil geochemistry and magnetic anomalies. Two additional areas of the property display similar features and these remain to be tested.IntroductionThe Mac property is situated in the Babine Lake area of central British Columbia on NTS map sheet 93K/13E, approximately 100 km east of the town of Smithers (Fig. 1). The property lies on the western margin of the Hogem Range at the northern tip of the Nechako Plateau. The centre of the claim block lies at 54°51 ' 30""N and 125 °34 '30""W.Topographically, the claims are characterized by gently rolling hills ranging in elevation from 900 m to 1500 m. Slopes are forested with tall conifers and underbrush is minimal. Flat-lying areas are swampy with tall grasses and scrub brush.Presently, the property is only accessible by helicopter from bases located in Smithers and Fort St. James. Recent road construction by the British Columbia Forest Service has brought road access from Burns Lake to within 5 km due south of the property. It is expected that in the near future, roads will be advanced into the claim area to facilitate logging of mature timber."

Jan 1, 1995

By R. C. Bryce, G. S. Martin

"Aur Resources Inc. is the operator of the Louvicourt Mine located 40 km east of Val d'Or. Quebec. Les Entreprises Minieres Redpath Limitée a member of the 1.S. Redpath Group of companies was contracted to construct two vertical mine shaft collars in deep overburden.During the spring of1991 two vertical shaft collars were established in wet, running sand that was in excess of20 m deep. This paper will illustrate the engineering and construction techniques used in establishing these collars and the methods used to overcome the various obstacles that occurred during construction.IntroductionThe Louvicourt copper/zinc/gold/silver deposit is located 40 km east of Val d'Or, Quebec, is adjacent to the former Louvern Mine which operated at depths of 40 m to 850 m below surface (Fig. 1). This deposit was discovered in mid-1989 as the result of systematic exploration and diamond drilling based on a geological model. The Louvicourt project is operated by Aur Resources Inc.The property is being developed to produce 4000 tid with an anticipated life of just over 17 years. Mill start up is scheduled for July 1. 1994, commercial production October I, 1994, and full production by late 1995. The current production plan provides for 24 040 (XX) t averaging 3.89% copper, 1.95070 zinc, 0.039 oz gold per tonne and 0.99 oz silver per tonne, to be mined."

Jan 1, 1994

By Donald A. Cranstone

"This paper provides a bird's eye view of the pattern of gold discoveries since 1823, the year of Canada's first gold find, up to 1983. Within this 160-year period, more gold was discovered in Canada during the last ten-year period (1973-1982) than during any previous decade. The record suggests that the potential for further major gold discoveries is high, which bodes welt f or the future of Canadian gold mining.IntroductionCanada has an impressive history as a gold producer. Since 1921 we have occupied second or third place among the world 's gold producing nations, after South Africa and most of the time the U.S.S.R. Canadian gold production over the last hundred years has added up to some 6 per cent of all-time world production.The sharp rise in the price of gold in the 1970s led to a surge of gold exploration, which in turn resulted in the discovery of significant quantities of gold in Canada. How do these recent discoveries rate in comparison with those of the more distant past? For example, are the quantities of gold in notable discoveries of recent year s, such as Hemlo and Detour, in the same league with the amounts of gold discovered around 1910 in the Porcupine and Kirkland Lake district s of Ontario? Can the combined gold content of the recent discoveries be likened to that o f the almost 40 major Canadian gold deposits, along with numerous smaller ones, discovered in Canada during the 1920s and 1930s? What are the implications of the more recent gold discovery record for future rate s of gold discovery in Canada?This paper attempts to glean answers to such questions from an overview of the period that begins in 1823, the year of Canada's first gold discovery. Gold deposits come in two major types: placer deposits and lode deposits in solid rock . Placer gold is distributed in sand and gravel. Gold in solid rock occur s mostly in gold ore filling fissures."

Jan 1, 1985

By Frederic Benard

THE Ontario Refining Company, Limited, wholly-owned subsidiary of The International Nickel Company of Canada, refines the entire blister copper output of the latter's Copper Cliff smelter. Prior to 1936, the blister was cast in 460-lb. cakes at the smelter, loaded on open cars, and transported by rail to the refinery, a distance of approximately 1 1/4 miles. Here the cakes were transferred to the plant narrow-gauge system, charged to furnaces, and re-melted. This procedure necessitated the operation of holding furnaces and casting machines at the smelter -extensive re-handling-and melting down of a cold charge at the refinery. Transfer of the copper in molten form direct from converters to anode furnaces promised a considerable reduction in costs, and this possibility was investigated. As a result, a portable holding furnace, or hot-metal car, was designed and constructed. It was placed in operation in July, 1936, to be followed a year later by three additional units of slightly modified design. Figure 1 shows the original car, and Figure 2 the lacer type. With four cars in service, operations were placed on an all 'hot-metal' basis.

Jan 1, 1938

By China University of Mining and Technology, P. Zhang, C. Zhou, C. Duan

"Recovering pyrite from the gangue with high sulfur content is of great significance for both economic development and environment protection in China. Due to the global water shortage and high cost in wet separation processes, it is urgent to explore more efficient energy and water conservation method in mineral processing field. This study has proposed an innovative method based on density difference for fine pyrite enrichment by vibration fluidized bed. In this study, the total sulfur content (TSC) of the gangue sample is 19.18%, and the pyrite is disseminated with fine granularity in the gangue which should be crushed for dissociation. The combination and dissociation experiment of -6mm gangue shows that the dominant density of -6+3mm, -3+1mm and -1+0.5mm comminuted material is +2.9g/cm3. Based on the analysis of characteristic, the effects of various factors on the separation performance were experimental studied. The results show that gas velocity, vibration intensity and bed height all have the significant effects. With the increases of superficial gas velocity, vibration intensity and bed height, the separation performance all presents a decreasing tendency. Additionally, the TSC of -6+3mm, -3+1mm and -1+0.5mm materials are respectively up to 37.94% , 35.43% and 30.61% at the optimum conditions, which are the 1.72?1.90 and 2.29 times as much as the TSC of raw material, respectively. This study demonstrates the vibrated fluidized bed can recovery pyrite from the gangue effectively.INTRODUCTIONWith the increasing mining and separation of coal, the yield of gangue has a further growth tendency, which has become one of the largest reserves of industrial waste (Querol et al., 2008). However, many harmful elements, such as S?NOx and Hg, is existed in the gangue leading the serious damage to the soil and environment (Hao, Yun, Zhanyuan, Sen, & Song, 2013). In addition, the economic would be suffered from the loss resulting in the occupied of arable land caused by the accumulation of gangue (Yeheyis, Shang, & Yanful, 2009; Zhou, Liu, Yan, Fang, & Wang, 2012). Therefore, the government has put forward the policies of ""green mining"" in China (Xing & Gao, 2009; R. Zhang, Ai, Zhou, Ju, & Zhang, 2015; Zheng, Du, Li, Qiu, & Yang, 2015). Among different research areas of coal utilization, extracting the useful minerals has become one of hot topics (Ledin & Pedersen, 1996; P. Patra & Natarajan, 2003; Partha Patra & Natarajan, 2004). At present, many researchers has devoted to the desulfurization of coal all over the world. As result, the sulfur element, which is mainly existed in the presence of pyrite, would transferred in the tailings, namely the gangue. Meanwhile, the pyrite is important raw materials to produce rubber, paper, textile and match. Consequently, recovering the pyrite from the gangue is not only suitable to the requirement of ""green mining"", but it could turn the waste into the treasure having the important significance."

Jan 1, 2016

By V. Schenk

Dust exposure resulting from the exploitation and winning of natural resources below ground has presented a serious health problem since the beginning of mining. The boom phase of the German hard coal mining industry after World War II with at times up to 500,000 employees saw an increase of dust exposure of miners below ground as the mechanization of road heading and mining increased significantly. More and more miners were diagnosed with coal-workers-pneumoconiosis (CWP), a chronic and irreversible lung disease resulting in a significant impairment of pulmonary function. This realization led to a reduction of CWP in the German hard coal mining industry in the 1960s. The successful fight against CWP began with the introduction of technical dust prevention measures. By infusing the coal seam with water before mining, sprinkling and spraying of heading and mining machines as well as canopies with water, aspiration in places with high amounts of dust and the suppression of dust with chemical substances it is possible to significantly reduce the miners? dust exposure. All operating points below ground are checked and measured regularly with regard to dust exposure. Through the combination of these values together with the individual shift data a relatively precise profile of individual dust exposure can be obtained. This profile allows the targeted work assignment when certain predetermined limits have been reached, moving the miner to a work place with less dust exposure and thus reducing the chronic dust exposure. The state of health of the individual is known because since about 60 years ago extensive occupational health checks have been carried out regularly at least every two years which means that work restrictions can be imposed depending on the findings. Since the beginning of the 1980s more value has been attached to not only situational but also behavioral prevention. Given the comprehensive provision of protective masks, having a protective effect as well as the required comfort when being worn, each miner has the opportunity to protect his respiratory organs depending on the specific dust exposure. Through a combination of all these measures the German hard coal mining industry has succeeded in beating the classic coal miner?s disease CWP. For mines in the Ruhr valley this means that a miner who started work after 1978 will no longer develop CWP.

Aug 1, 2013

By Kosei Ishida

To achieve renovation work without noise, the authors developed techniques of manufacturing pre-cut interior finishing components for renovation work. In this paper, to achieve the system of pre-cut interior finishing components, the authors describe a measuring method of reinforced-concrete structure by 3D laser scanner and then describe a method of making a design of pre-cut interior finishing components with the polygon model. Using these two methods, the steps of manufacturing pre-cut interior finishing components consist of the following four steps: First, measure the building shape using a 3D laser scanner. Secondly, integrate a point cloud data and retrieve the markings on the floor. Then, create a polygon model of the building based on the point cloud data. Lastly, make a drywall design using a polygon model. To evaluate the technique feasibility of manufacturing pre-cut interior finishing components, the authors have conducted an experiment of the finishing interior work of the drywall. Using pre-cut interior finishing components, the authors have been able to achieve interior finishing work without noise.

Aug 1, 2013

By Richard W. Hutchinson, Christopher Osterman

Abstract -The Selebi-Phikwe deposits are hosted by amphibolite to granulite facies gneisses of the Limpopo belt. The sulfide orebodies are generally stratiform and conformable to the foliation of the wallrock gneiss. Sulfide remobilization has occurred during metamorphism and has produced discordant sulfide veins, called piercement structures, which project into the hanging wall and foot­ wall gneisses. These piercement structures are compositionally similar to the stratiform sulfides, consisting mainly of pyrrhotite, pentlandite and chalcopyrite. However, texturally the piercement sulfides are coarse grained and inclusion-free, whereas the stratiform sulfides are fine grained and packed with tectonically produced wallrock inclusions. The piercement structure sulfides and adjacent stratabound sulfides were sampled and analyzed for major base metals and PGE's for comparative purposes. Most of the piercement structures were enriched in Cu, Ag and Au, whereas they were generally depleted in Ni, Co, Fe and PGE's. Changing elemental associations were observed from the stratabound sulfides and along the length of the piercement structures. This and the degree of depletion or enrichment of various major and minor elements in the sulfide piercement structures may reflect the relative mobilities of metals under metamorphic conditions. The similarities between sulfide piercement structures and the footwall Cu-POE veins in some Sudbury deposits are reviewed.

Jan 1, 1994

By William H. McCracken, William G. Holroyd

"The People's Republic of China could very well be considered the largest untapped mineral and metal resource in the world. The proven reserves of antimony, barite, bauxite, fluorspar, graphite, lithium, magnesite, mercury, molybdenum, phosphate, pyrite, rare earths, talc, tin, titanium, tungsten, vanadium and zinc are among the largest in the world.Any company involved in the purchase or supply of industrial raw materials has undoubtedly followed the phenomenal growth of some of the Chinese mineral commodities, where growths in production of more than 200010 have occurred during the past ten years, for commodities like barite, cement, gold, gympsum silver and talc. Others, like bauxite and phosphate, experienced production increases in one year alone of over 45%, from 1986 through 1987!A popular rationale in the United States during the past two years has been the acknowledgment by Professor David Calleo, of Johns Hopkins School of Advanced Studies, that ""America is not sinking-the rest of the world is rising"". While we recognized this rise to be that of economic power for Japan, Korea, Brazil, Taiwan and, more recently, the newly-combined Germanies, China has also successfully completed her own modern five year development binge. But with each boom there is also a bust, and the start of the 1990sfor China shows signs of economic distress. China posted a budget deficit equivalent of US$1.9 billion in 1989 coupled with official inflation at 18010. Projections for 1990 are for US$1.8 billion deficit and inflation as high as 24%. However, government spending in the first seven months of the year climbed 16.4%, outpacing an 11.6% rise in revenue. Spending increases have been related to the government policy to keep prices on domestic goods artificially low, through subsidies, and to bailout inefficient state companies."

Jan 1, 1991