Search Documents

By John C. Smock

The question of the proper valuation of mines of iron ore was suggested to me by the difficulties experienced in getting answers for the United States Census Office, while I was engaged in the work of collecting the statistics of mines in New Jersey and New York. The answers to the questions relating to values of real estate of mine properties varied so greatly that it was necessary to revise them according to some general principles of valuation. Generally the returns of mine proprietors seemed to be too low. There were, however, examples of what would be termed excessive valuation. The subject appeared to be of practical importance, and led to the paper here presented. The following table of selected mine statistics is given, prefacing the discussion of the principles of valuation. It is in part made up of census returns and partly of data obtained directly from mine owners and managers. The mines which were selected for the several groups and mining districts include nearly all of those from which the more full and carefully filled returns were received, and are also representative of their respective districts. Hence the averages obtained from them become good types of these groups or districts. The mines of New Jersey appear in six groups, each containing from three to eleven mines, or, in all, thirty-four mines. The magnetic iron ores of New York are in four well-marked groups, and there are twenty-six mines in them. Then follow the red hematite mines of St. Lawrence and Jefferson counties; and, lastly, the brown hematite groups of Dutchess and Columbia counties, and those of the adjacent parts of Connecticut and Massachusetts. The whole number of mines represented by the table is eighty-eight, of which twenty-eight are hematite mines. The first column gives the value of the real estate; the second that of the plant; the third is the sum of these two, or the capital invested. Then follow the number of men employed, the amount of wages paid during the census year, and the value of materials used in mining and preparing the ores for market." The seventh column gives the total expendi-

Jan 1, 1882

By Claudia Gasparrini

Silver occurs in nature in major, minor and variable amounts in a very large variety of minerals and in several mineral species in the same ore. Because these minerals may respond differently to the same flotation or leaching agents, detailed studies to establish the correct silver mineralogy become essential for optimum recoveries in those situations where the silver is treated as a primary product. On the other hand, fine grain sizes, which often affect gold recoveries, are not generally as critical in silver metallurgy, due to the lower market price which allows for more of the element to remain In the tailings before incurring in economical losses.

Jan 1, 1984

THE paper on "Specific Efficiency of the Blast Furnace" by Richard Franchot, which was pub-lished in the September issue of MINING AND METALLURGY, was presented for discussion at the Pitts-burgh meeting. The session opened with a discussion among S. P. Kinney, Mr. Franchot, and J. N. Reese as to the methods and results in sampling for cyanides in the blast furnace. This is covered in detail in writ-ten discussion below. T. T. Read objected to the use of the term specific efficiency as likely to be confusing. The blast furnace has to perform the function of reducing Fe, 03 to Fe as well as that of fusing the metal and, since the reduc-tion of Fe, 0? involves a CO equilibrium, it seems mis-leading to calculate efficiency on the basis of burning the , all carbon to CO? since it is not possible. Mr. Franchot replied that he used the term in the sense defined by Richards in his "Metallurgical Calculations;" but a subsequent search failed to reveal the term in Richards, who says (page 245, 1st edition): The practical conclusion is that a blast furnace generates in itself not much over 40 per cent of the calorific power of the fuel used, and rejects nearly 60 per cent; by using part of the waste gases to heat the blast, however, some of this rejected heat, to an amount representing net 5 to 10 per cent of the calorific power of the fuel used, is returned to and injected bodily into the furnace, thus rendering available for the purpose of running the furnace about 50 per cent of the calorific power of the fuel as a maximum. The efficiency with which the furnace applies this 50 per cent usefully to the objects of the reducing and smelting is another question for investigation.

Jan 2, 1927

By T. S. Mohibatsela, R. V. Ramani, C. V. Manula

The Mineral Engineering Department of The Pennsylvania State University has developed a suite of computer models for anthracite open pit mining (Fig. 1)1 Individual sub-systems have been developed to (a) interpolate geologic field data to obtain coal tonnages, waste volumes, and strip ratios; (b) simulate equipment performance on selected pit profiles to generate data required to choose coal and waste removal equipment; and (c) evaluate selected cost factors to determine either a rate of return for a specified selling price or vice-versa. This paper describes the application of two of these subsystems, namely, the Reserves Model (GEOL) and the Open Pit Materials Handling Simulator (OPMHS), and how these may be applied for the selection of equipment for a prime anthracite mining site.2

Jan 1, 1981

By Frank H. Skelding

Still the world's largest producer, consumer and importer/exporter of minerals, the United States has, in recent years, become more and more aware of the many diverse forces that increasingly affect its ability to maintain free access to and trade in minerals, both domestically and abroad. The nation's growing dependence upon foreign sources of minerals in the face of mounting competition is causing many changes, not only in the mineral industries, but in national attitudes and policies as well. This paper examines the position of the United States in the world mineral economy relative to the significant trends that have and are developing. It attempts to define and evaluate the major present and future impact of these trends and to anticipate the probable effects upon the U.S. and its mineral economy.

Jan 1, 1976

The annual report f the Secretary of the Navy for the fiscal year, ending June 30, 1917, but including operations and recommendations up to Dec. 1 of that year, contains the following remark about the activities of the Naval Consulting Board. The members of the Institute who are members f this Board are William L. Saunders, Benjamin B. Thayer, Thomas A. Edison, Thomas Robins, Lawrence Addicks, Joseph W. Richards, W. R. Whitney, assisted by 47 other members f the Institute, in the capacity of associate members of the Naval Consulting Board. During the year, the work of this board, organized and approved by Congress in 1915, has increased very materially in importance and volume, its meetings have been frequent and the work of its individual members has been such in some cases as to occupy almost their entire time in the service of the Government. Some time before the active entry of this country into war the board called a special meeting to which were invited some 50 of the leading scientists and industrial managers, whose special study fitted them to advise on the methods of meeting the

Jan 2, 1918

By F. F. Aplan

Pollution control will be of utmost importance in the 1970's. In this area, the mineral process engineer has a special competence to understand and remedy many pollution situations. There is an old adage that goes, "Build a better mouse- trap and the world will beat a path to your door." Would that it were so, but the reality of the situation is such that, just as a supplier must sell his machine, a professional man must sell his competence. It is a sad but true fact that mineral processing engineers have not done a very good job in selling their extensive competence in the control of a broad range of pollution problems. Recently one of our students visited a paper pulp mill where he was shown a foam fractionator used to remove paper pulp fibers from plant discharge waters. "Foam fractionator hell, that's a flotation cell!'' was his comment. Ah so, it would appear that large numbers of technical people consider themselves experts on "foam fractionation" Or is it that we have been very remiss in demonstrating the usefulness of our equipment and processes and our professional competence to solve, these pollution problems?

Jan 1, 1970

By J. Van Steveninck, A. C. Pols, R. Feenstra

In the course of time, an increasing number of investigations on jet cutting all kinds of material, such as rock,1,2,3 metal,4,5 and wood6 have been reported to serve various applications. A number of papers have been published on these subject, 7,8,9 some of which refer to jets purposely containing abrasives, termed 'jetted particle drilling'.7 Since such abrasives complicate fluid handling considerably and do not appear to be absolutely necessary for making holes, only conventional drilling fluids have been considered. A large part of our investigation has been performed with the aid of three laboratory-type drilling machines, which permit tests on both micro-bits (1 ½ in. ) and full-scale bits (6 ½ -9 5/8 in. ) . In view of the application of jets in deep holes, care has been taken to simulate hydrostatic pressures as they exist in the field on the hole bottom. These have been found to have a major effect on the bit-penetration rate for various drilling fluids.

Jan 6, 1974

By N. E. Norman, R. Stier

The mining industry is continually seeking out new and better underground mining techniques. One of the most recent-also, perhaps, the most significant-of the new concepts in underground mining is the use of mechanical rock-boring machines. And one of the problems that concerns us all in this matter is the cost of mechanical rock tunneling. To help answer the oft-quoted question "What will it cost me?" the following pages deal with the operating costs of so-called "medium to medium hard rock" boring machines-i.e., those designed to meet the drilling requirements in 8000 psi to 25,000 psi rock. A few machines are capable of drilling hard rock above 25,000 psi, but the economics of mechanical tunneling in rock that hard is limited at the present time. [ ] For mechanical rock tunneling, there are five main cost factors influencing the expense: Capital Investment, Cutters, Labor, Power Requirements, and Maintenance. These factors give us a good basic picture of the cost of excavation, although muck handling, erecting supports, and other costs directly related to conventional tunneling and mechanical boring enter into the final picture.

Jan 6, 1967

By L. R. Gremillion, G. H. McClellan

Chemical and mineralogical data on 25 apatitic phosphate ores of diverse origins from commerical deposits around the world were widely variable. From 14 to 18 chemical constituents of each sample were determined, and each sample contained four to ten mineral phases. Altogether there were 34 different mineral phases, many of which occurred in only one sample. Samples contained varieties of francolites, fluorapatites, and mixed hydroxyfluorapatites. The apatite compositions calculated from chemical data showed that certain types of substitutions were characteristic of different apatite varieties, but every variety had some degree of substitution of (CO3)2- for (PO4)3-, and the P205 contents of the apatites ranged from 35.1 %for a North Carolina apatite to 41.9% for a Missouri apatite. In a concentrate with a grade of 32% P2O5, the North Carolina sample should contain about 8.7% gangue and the Missouri sample about 23.7% gangue. To optimize the digestion process of a phosphate ore, it is necessary to consider the dissolution behaviors of different mineral phases during acidulation and their possible effects on chemical properties of a fertilizer intermediate. In the production of wet-process acids or superphosphates, acidulation of certain minerals may cause foaming and formation of sludge, filtration, corrosion, and handling problems.

Jan 1, 1982

By John Suman

DURING the past few years the taking of cores in drilling with rotary equipment has been perfected to a remarkable degree in the Gulf Coast fields of Texas and Louisiana. Taking of cores is becoming quite a common thing, especially in the newer fields, and drillers are becoming expert in this work. The writer has seen cores 5 to 8 ft. long taken with great ease in wells as deep as 4500 ft. Coring is doing much to remove the prejudice which so many petroleum engineers seem to have against .the use of rotary drilling equipment for exploratory work. Some operators .are now claiming that when used with a reasonable amount of coring the rotary system is even more satis-factory than cable tools for exploring in certain territory. A case has recently been pointed out in the South Electra field of North Texas, where producing oil sands, passed over by cable-tool drillers, are being brought in with rotary equipment. It seems that in this particular territory the sands are rather thin. Cable-tool drilling was carried on for the most part in a wet hole and the red mud encountered in drilling caved into the hole very badly, so that the cuttings showed mostly red mud and the driller, thinking that the sand did not amount to anything, carried his water string through the sand. The later .operators, drilling into the sand with rotary equipment and coring it, found that it was well worth testing.

Jan 10, 1922

By Wallace Ralston

The East Texas area includes the northeast 38 counties of the state of Texas. It covers all, and extends beyond, the borders of what is commonly described as the East Texas Basin. It is one of the most important oil and gas-producing areas of the Mid-Continent Province. It includes four important oil fields—Van, East Texas, Cayuga and Long Lake— and the recent extension of Rodessa field into Cass County, Texas, may prove to be of major size. Four commercial gas fields are in this area— Bethany, Waskom, Cayuga and Long Lake. Up to January, 1936, all of the oil has been produced from the Upper Cretaceous formations, and most of that from the basal member, the Woodbine sand. Gas is produced from both the Upper and Lower Cretaceous formations. Development in Fields East Texas Field.—This field continued to dominate the drilling and production situation throughout the United States. There were 4036 wells completed in this field during 1935; that is, 365 more wells than were completed during 1934. Drilling activity was due to close spacing of wells and the addition of 10,000 acres to the field. The field is now drilled to a density of one well to 6½ acres, which is certainly more wells than necessary for economic production of the field. The close spacing of wells is due mostly to the type of proration, which is per well allowable based on a potential test, and does not take acreage into consideration, and also to the numerous small acreage tracts such as town lots and excess strips. The field now has 19,519 producing wells. The allowable production for the field during 1935 was 161,118,659 bbl.; estimated production, including illegal or "hot oil," was 174,200,150. The illegal production of oil gradually decreased throughout the year, until an estimated low was reached of 20,500 bbl. daily during the months of November and December. The price of oil remained at $1.00 per barrel throughout the year. As stated, about 10,000 acres were added to the field during the year, making a total of 128,000 productive acres. There is a possibility that

Jan 1, 1936

By Michael Tenenbaum, T. L. Joseph

Recent researches on the reduction of iron ores have stimulated interest in the effect of increased pressures within the iron blast furnace. From a physicochemical viewpoint, it seems logical to suppose that the increased pressure would increase the rate of reduction of the iron ore within the furnace. This increased reaction velocity would in turn be reflected in an increase in the output of the blast furnace. Any substantial effect of elevated blast-furnace pressures should accordingly be of both technical and economic interest to the operator. It is doubtful whether it is possible to increase the pressure in the stack of the blast furnace beyond two or three atmospheres without incurring severe mechanical difficulties. The benefits to be procured by elevations in pressure must therefore be restricted to pressures below two, or at the most, three atmospheres. Within this range it would seem both economically and mechanically feasible to modify the present design of the upper portion of the blast furnace to accommodate these more stringent operating conditions. This investigation was undertaken to study the effect of moderate pressures on the rate of reduction of iron ore with hydrogen. The use of carbon monoxide is contemplated for later work. Although any results that are obtained in the laboratory cannot be interpreted directly in terms of large-scale commercial operations, it is possible, through such an investigation, to ascertain the order of magnitude of the effects of higher pressure. A more quantitative conception of the effects that would result from the use of increased pressures in the modern blast furnace is needed. In some recent work, Diepschlagl found that, all other factors remaining constant, the degree of reduction of iron ores was much greater when carried out under pressure. Pressures as high as seven atmospheres were used. The degree of reduction was determined from the ferrous and ferric iron in the sponge iron. Results were obtained using both carbon monoxide and hydrogen at temperatures of 400°, 600° and

Jan 1, 1939

By Michael Tenenbaum, T. L. Joseph

Recent researches on the reduction of iron ores have stimulated interest in the effect of increased pressures within the iron blast furnace. From a physicochemical viewpoint, it seems logical to suppose that the increased pressure would increase the rate of reduction of the iron ore within the furnace. This increased reaction velocity would in turn be reflected in an increase in the output of the blast furnace. Any substantial effect of elevated blast-furnace pressures should accordingly be of both technical and economic interest to the operator. It is doubtful whether it is possible to increase the pressure in the stack of the blast furnace beyond two or three atmospheres without incurring severe mechanical difficulties. The benefits to be procured by elevations in pressure must therefore be restricted to pressures below two, or at the most, three atmospheres. Within this range it would seem both economically and mechanically feasible to modify the present design of the upper portion of the blast furnace to accommodate these more stringent operating conditions. This investigation was undertaken to study the effect of moderate pressures on the rate of reduction of iron ore with hydrogen. The use of carbon monoxide is contemplated for later work. Although any results that are obtained in the laboratory cannot be interpreted directly in terms of large-scale commercial operations, it is possible, through such an investigation, to ascertain the order of magnitude of the effects of higher pressure. A more quantitative conception of the effects that would result from the use of increased pressures in the modern blast furnace is needed. In some recent work, Diepschlagl found that, all other factors remaining constant, the degree of reduction of iron ores was much greater when carried out under pressure. Pressures as high as seven atmospheres were used. The degree of reduction was determined from the ferrous and ferric iron in the sponge iron. Results were obtained using both carbon monoxide and hydrogen at temperatures of 400°, 600° and

Jan 1, 1939

The Jeffrey operation of Canadian Johns -Manville Co. , Ltd., at Asbestos, Quebec, is considered to be the world's largest asbestos mine. It accounts for approximately 37% of Canadian production of chysotile asbestos and about 13% of world production. Rated capacity is over 600,000 stpy (540,000 mtpy) of fiber, of which well over 90% is exported to the United States and seventy other countries. During the early 1970's the company completed a five-year modernization and expansion program which included the installation of a unique 72 in. by 93 in. gyratory crusher to handle the extremely blocky serpentinized peridotite ore. Because of the large diameter of this crusher the top ring of the shell was made in two halves which were bolted together. Hundred-ton trucks dump from two sides of the crusher into the 200 st (180 mt) dump pocket which is equipped with dust collecting ducts in the walls of the other two sides. The installation was designed to accommodate the eventual use of 200 -ton trucks. Crushed ore at a. size of 7 ½ in. (191 mm) falls into a uniquely designed crushed ore pocket equipped with three sloping steel sides and one vertical side, which make it totally live. Infrared heaters installed in back of the hopper sides prevent the ore from sticking to the steel. Another interesting feature is an eccentric removal bridge which is permanently mounted inside the crushed ore pocket. The two halves of the bridge are let down by electric winches to form a platform on which the eccentric cart travels and from where maintenance is done. Level indications in the crushed ore pocket are by radioactive indicators. Under the crushed ore pocket is a 72 in. by 28 ft (1.83 m by 8.5 m) apron feeder which operates at 7. 2 to 50 fpm (2. 3 to 15. 3 mpm). Crushed ore is discharged to a picking belt for tramp removal. A crossbelt magnetic separator is also mounted over this belt. Permanently mounted belt reels are also situated over the picking belt to facilitate the changing of this unit. A 60 in. (1. 52 m) wide takeaway belt then elevates the crushed ore to t.he surface facilities. Instead of discharging to a crushed ore stockpile, the takeaway conveyor delivers the ore to a 300-ton distribution bin. The ore is then screened and secondary crushed; and the plus ¾ in. (19 m) is "stored in a 3,000 ton bin while the minus ¾ in. is dried and then sent to storage. This system of directly screening primary crushed ore is similar to that used at both the Endako molybdenum and Gibraltar copper operations in British Columbia. While it would seem connecting processing equipment directly to a primary crusher would have an adverse effect on the crusher availability, the 94% of scheduled time this crusher

Jan 1, 1978

By S. S. Clarke

THE opening of sheet-ground mines in which the ore beds are only from 7 to 9 ft. thick led the Commerce Mining and Royalty Co. to con-sider mechanical loading, in order to avoid the high cost of hand shovel-ing in such mines. Scraper loaders were chosen because the capital investment would be comparatively low; because they are small enough to be used in low working faces, and because they can be mounted on a mobile carrier.

Jan 1, 1939

By F. J. Escandon V.

The Plomosas stratiform lead and zinc deposits are located in northeastern Chihuahua in a sequence of folded Paleozoic and Jurassic rocks. They consist mainly of channel or blanket-like bodies of ellipsoidal cross section restricted to a 60-in-thick shaly limestone and a 30-m-thick marble horizon of La Casita formation, with some reemplacement veins and shoots within the Plomosas formation. The mineralogy consists of iron-poor sphalerite, galena with a small silver content, and pyrite, in a gangue of calcite, barite, and minor quartz. The ore bodies present a lateral zoning with zinc-lead ratios increasing to the northwest. Vertical zoning shows marked changes in zinc-lead ratios and in the width and tenor of the ore which cannot be related to sedimentary or diagenetic features. Transgressive mineralization and some small fissure veins and breccia pipes also point to an epigenetic origin. Sulfur isotope analysis and geochemical data indicate hydrothermal solutions. Texture of the ores in the Mina Vieja marble is coarse, but in the Cuesta shale it is banded along bedding. The low iron and silver content of the sphalerite and galena and the weak hydrothermal alteration (only marbleization) of the wall rock suggest a telethermal stage of the solutions. There is no evidence of a possible intrusive rock mineralization.

Jan 1, 1976

By C. H. Burgess

ON June 5, 1947, Secretary of State George C. Marshall in a speech at Harvard University outlined a plan for the economic recovery of Europe. The plan contemplated that the United States should provide assistance which would enable the European nations better to help themselves and to help each other to reconstitute from their war-torn lands conditions which would make possible decent standards of living. The Foreign Assistance Act of 1948 was passed in April of that year, and established the Eco-

Jan 10, 1950

By Albert F. Hill

The manufacture of structural shapes in steel of uniform quality, which shall command the full confidence of the engineer, is a problem in practical metallurgy which is beginning to attract much attention in this country. The progress of the past fern years in the improvement of plant and processes has placed it within the power of the steel-maker to supply a material of such chemical composition as will meet the requirements; but this solves only in part the difficulties of the constractor. It is well understood that the influence of shop manipulations is a most decisive one upon the mechanical properties of the finished product; in many cases so great, in fact, as to cause an entire transformation in the character of the material, and to render it unfit for the service for which it was intended. On the other hand, mechanical treatment is frequently resorted to as an efficient corrective of certain undesirable properties, which may be due either to chemical composition or previous manipulation. This understood and accepted, it is evident that careful investigation of the effects of mechanical treatment is fully as necessary to the successful use of steel in engineering structures, as the investigation of the influence exerted by its chemical composition. All structural material has to undergo more or less mechanical treatment, such as shearing, punching, upsetting, etc. Each of these operations produces effects which are far more marked and decisive in steel than they are in iron, and means must therefore be adopted to counteract, or at least to modify, these effects before the material is permitted to enter the structure. The fact that both shearing and punching affect the tenacity and elasticity of steel has long been recognized; bat, through more recent investigations, it has been established that these effects are purely local, and are therefore susceptible of correction by other and simpler means than annealing. The importance of this discovery to the use of steel in structures is very great. The impracticability of

Jan 1, 1883

By Sidney A. Swensrud

About a year ago, I attempted in a general way to trace the origin and development of some of the marketing problems of the petroleum industry, and to describe certain trends which it then seemed possible to foresee. To summarize briefly, it was pointed out that the consumption of gasoline, after increasing for more than a decade at an almost unbelievable rate, was slowing down, but that the two factors which determine the supply of gasoline —-namely, the production of crude oil and the percentage of gasoline derived therefrom—were tending steadily to mount. It was suggested that, while the increase in gasoline outlets began with and probably was justified at the start by the rapidly increasing demand, long after all reasonable requirements as to number of outlets had been met the number continued to increase—if anything, at a still more rapid rate—because by that time the overproduction of crude had begun to exert an impelling urge upon the owners of that crude to seek assured outlets for it in the form of gasoline. As more and more companies became integrated all the way from crude oil to marketing, there took place an ever-increasing competition among them, not only for the existing outlets but for new ones. The wide margin between wholesale cost and retail price, which is characteristic of the early stages of most new industries, persisted in the oil industry longer than in most industries, for various reasons. The existence of that wide margin provided in large measure the means of attracting new outlets, for as the gallonage per outlet declined with the increasing number of outlets, competing companies simply offered the dealers a larger part of the total margin. The very nature of competition suggests that such a process would continue until practically all of the available margin was thus given away, and such was clearly the tendency. It was a system that in turn produced increasing marketing expense per gallon on account of the diluted gallonage per outlet; this increased expense might seem to have provided a justification for continuing wide margins. Economics, like its parent, nature, however, progresses by mutations and so began to throw out new types of marketers, in the form of tank-car service stations, cut-price jobbers, and the like—heretics or

Jan 1, 1932