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By Ralph H. Phelps

WHAT information do you have on precision investment casting? Please send me all available information on the removal of paraffin from oil wells and pipe lines. How can I find out how to remove magnesium oxide from lime? I want a good book on the pickling of steel. Can liquid oxygen be used as an explosive in a mine? Where can I get a bibliography on the plasticity of metals? These questions, selected from the scores of questions asked the Engineering Societies Library staff every day, indicate some of the diversity of the requests received. The samples chosen relate to interests of AIME members but the questions that come to the Library by mail, telephone, telegraph, and in person cover all fields of engineering, science, and technology. Some questions can be answered quickly; others require extensive searching. Those that can be answered in a few minutes or ten, twenty, or even thirty minutes are usually done without charge. For the more difficult questions a charge is made. In this way those requiring considerable service pay for it and the Library finds it possible to serve more persons.

Jan 1, 1948

By George H. Ashley

At the beginning of the war, about 13 years ago, a conference was called in Washington to lay plans for pooling the coals of the United States. A careful review of the various systems of classification then extant showed none well adapted to the needs of coal pooling. The system of Tidewater pools then adopted, using numbers to distinguish one pool from another, was based on typical coals of different localities. At that time, the writer undertook the preparation of such a practical classification. Aside from drawing on his experience of over 20 years in the coal fields of the United States, reaching from the Pacific Coast and the Rio Grande to Rhode Island, he first examined and carded all of the large collection of coals in glass jars made by and for M. R. Campbell. Next, he carded all of the descriptions of coals he could find in the U. S. Geological Survey bulletins and elsewhere, as well as practical tests of coals by the Navy and other organizations and then took account of every published coal analysis of the U. S. Geological Survey and U. S. Bureau of Mines. A study of this information, involving thousands of recomputations, led to the presentation of a paper on "A Use Classification of Coal" before this Institute at the Chicago meeting, September, 1919. That classification was unique (1) in a classification based on "standard coal" which included moisture, but used standardized ash, sulfur and nitrogen, (2) in using physical properties to distinguish the major classes or orders, (3) in recognizing British thermal unit values in the minor subdivision, (4) in the large number of classes recognized (thirty-six), (5) in proposing mineral names for all classes, (6) in proposing a letter code for the several classes for practical use, (7) in proposing a code for expressing what has commonly been called "grade" of the coal, the grade code to be combined with the rank code to designate and describe a coal. The writer still thinks that the principles then offered, though not necessarily the exact proposals, are valid and desirable in any practical classification. The actual classification of coal by rank was based on the ratio of fixed carbon to volatile matter for the high-rank coals—the well-known

Jan 1, 1930

By T. D. Yensen

AT the symposium on gases in metals held at the Annual Meeting of the Institute in New York in February, 1933, a suggestion was made1 that the term "gases in metals" as now employed is unsuitable as descriptive of the substances usually involved in that term. The Executive Committee of the Iron and Steel Division thereupon appointed a subcommittee, composed of the authors of this paper, to study the "nomenclature involved in the general subject of gases in metals, including the name itself" and to report its findings to the Executive Committee. The subcommittee decided at once to discuss the subject with an "Advisory Council" composed of representative metallurgists, metallographers and analytical and physical chemists in the Pittsburgh district.2 As a result of conferences held by the subcommittee and with the Council, a report with recommendations was submitted to the Executive Committee at an open meeting on Oct. 5, 1933, during the National Metals Congress in Detroit. The report and recommendations were accepted, and the subcommittee was instructed to proceed with the dissemination of the report for the purpose of having its recommendation generally adopted either as it was or in a modified form as a result of further discussion.

Jan 1, 1934

For the first time in its history the Institute will hold a meeting in the State of Arizona. A few years ago Arizona stood third in the copper-producing districts of the United States. Since that time, with the development of porphyry mines, the output has gone up with great rapidity until it not only is the leading district, but its output at the present tune is at the rate of nearly double the Montana output; which now stands second in the list. In connection with this development, most interesting departures have been made in methods of mining, concentration and smelting. Principles of mining and metallurgy of the greatest interest will be covered by papers which will appear in the Bulletin and be presented at Technical Sessions, while ample opportunity 'will ,be- afforded for those who go to the meeting to see all the points of interest to them. In addition, members will be well rewarded by the marvelous natural features to be seen on the trip, including the petrified forests, the cliff dwellings on the Apache Trail and the Grand Canyon of Arizona. It is planned to start the special train from New York, but members and guests may join the special at other points en route as indicated by the following schedule: ITINERARY Thursday; September 14th, Lv New York Grand Central Terminal 5.30 p.m. Dinner in dining car, a la carte

Jan 9, 1916

By Robley D. Evans, Gerald L. Schroeder

Advanced techniques for control of radon (Rn) daughter product concenrrations (working levels, WL) in the uranium mines are discussed. Understanding the physical laws which govern the flux of radon into a mine, the growth and decay of the radon daughters, and the particulate nature of the daughters when suspended in air allows ventilation personnel to improve the quality of mine air with no increase in ventilation rate. The task of controlling, in a mine atmosphere, the short-lived nuclides produced in the decay chain of radon is a unique problem and as such should be approached with ventilation techniques specific to the problem. For most mines this has not been the case. Rather, procedures for removing these airborne radioactive nuclides have been borrowed directly from ventilation experience in mines where dilution ventilation was the traditionally accepted approach for air purification. With radon daughter products, this has often led to frustrating difficulties and expense. Primary origin of the airborne radioactivity is the a-ray-emitting noble gas, radon (222Rn, Rn), a nuclide formed by the decay of radium (226Ra, Ra). Radon, being a gas, may escape from its parent crystal and diffuse through the parent mineral into the interstices of the rock body. In a sandstone structure, about 20% of all the radon formed may find its way into the interstices of the rock. If a cavity such as a mine is nearby, the radon may diffuse through the rock interstices into the mine. While radium is usually highly concentrated in uranium ores, it is also found in varying concentrations in all minerals. Radon is therefore present in all minerals. In normal glacial till, the equilibrium interstitial radon concentration often equals 5000 pCi (picocurie, also uuCi) Rn per liter of pore volume.' In normal granitic rocks, the interstitial radon concentration often approaches 30,000 pCi per 1. Considering these typical, high-radon concentrations, radioactivity from airborne of daughter products is a potential problem unique not only to the uranium mining industry and should be considered as a potential hazard in all underground environments.

Jan 1, 1970

Endurance Properties of Non-ferrous Metals Discussion of the paper of D. J. McADAM, JR., presented at the Syracuse Meeting of the Institute of Metals Division and issued, as Paper No. 1506-E, with Mining AND METALLURGY, October, 1925. H. F. MOORE,* Urbana, Ill. (written discussion).-This paper says that the results of tests of some non-ferrous metals made at the University of Illinois and in the testing laboratories at McCook Field are abnormal when they do not agree with results obtained by the author. The writer can see no inherent reason why results of the type uniformly reported in this paper are any more normal. The knee of the stress-cycle, or S-N, diagram comes at different lengths of life for different metals. For steel, the knee occurs after from 1,000,000 to about 4,000,000 cycles, and for some non-ferrous metals not before 20,000,000 of 30,000,000 cycles. The writer can see nothing inherently abnormal in finding certain nonferrous metals for which the knee of the stress-cycle curve occurs at 1,000,000,000 cycles or higher. The writer has had experience with both the cantilever and the rotating-beam testing machine, and thinks that the chance of whipping action in the cantilever machine is a more serious handicap than the action the author has pictured. Furthermore, the writer questions whether the author has shown the existence of a clearly marked and definite endurance limit for all the non-ferrous metals he has tested including the following: Nickel (CT and A-16, Fig. 1), monel (CS-5.5 and BK, Fig. 2), bronze (F and CK, Fig. 4), aluminum bronze ( BJb-1, Fig. 6).

Jan 12, 1925

By S. J. Rothman, L. T. Lloyd

S. J. Rothman and L. T. Lloyd (Argonne National Laboratory)— Hagel's paperz0 discusses the question of the mechanism for self-diffusion in bcc transition metals. Recent work21"23 has led us to agree with him in reabandoning the ring mechanism in favor of a defect mechanism, most likely vacancies. On the other hand, we think that Hagel's attempt to group together all self-diffusion in bcc transition metals is wrong. We prefer the scheme of Peart, Graham, and omlin," who separate them into two groups. One group contains the anomalously behaved metals P titanium,', y uranium, and perhaps zirconim.' The other group contains a iron," this alloy was held at 1800°C for 2 hr before quenching, its structure was all a. B. C. Giessen, I. Rump, and N. J. Grant (Authors' reply)—We very much appreciate the discussion by Deardorff and Kato regarding the a to /3 transformation temperature of hafnium. In the W-Hf program, as well as in a current study of the system Cr-Hf, standard precautions were exercised against contamination, including vacua of less than 10"5 mm Hg and a weight control check of all specimens to insure an impurity rise of less than 100 ppm. Following receipt of the above discussion, a revision was made in the annealing process. Arc-cast specimens were etched with a 10 pct HF-90 pct HNO solution until 1 mm of surface, including a possible oxide film, was removed. Annealing was done in a hafnium container which provided a long diffusion path for gaseous contaminants. Finally, the heat treating time was shortened. Structural changes were noted to occur quite slowly. A 99.5 at. pct Hf alloy showed 70 pct /3 after 30 min at 1700°C and was 100 pct /3 after 10 min at 1715°C. After 24 hr at 1740C, the alloy was found to be 10 pct/3. This change is due to contamination; it was estimated that it corresponds to an increase of 60°C in the transformation temperature over a 24 hr period. The corresponding change in 30 rnin would be slight. Using the same hafnium as in the above publication, and three new alloys at 98, 99, and 99.5 at. pct Hf, the transformation temperature was indicated to be 1715" 15°C. Since this hafnium contained 4.4 at. pct Zr, a correction of 40 5C, based on an assumed approximately linear transformation temperature curve, must be made for pure hafnium. This yields a value of 1755 20°C in good agreement with Deardorff and Kato's value. Because the slope of the boundary is small, this permits a good extrapolation, and we regard the W-Hf alloys as well suited to check the Hf transformation temperature. niobirn,'' and molybdenum,22 whose activation energies correlate with the melting temperature and whose Do values follow Zener's predictions.28 We have no quarrel with Hagel's placing chromium into the second group; we disagree with his interpreting our data to make uranium fit into that group. Hagel considers that the measurements of self-diffusion in uranium below about 950°C represent combined volume and grain boundary diffusion. This contention is based on the curvature of the penetration plot for our 891°C run,4 which also has a nearly straight line plot of log c vs x. Hagel has extrapolated these characteristics to our 803.5C run and fitted his Arrhenius plot for self-diffusion in y uranium to our four highest temperature points only. We think this is wrong for the following reasons.

Jan 1, 1963

My bets are on you, every time! But who is right? In the "cobalt issue" of our favorite magazine, January 1951, you stated: "By far the best immediate United States prospect for, large amounts of cobalt is the Blackbird mine of the Calera Mining Co., which is operating for Howe Sound Co., in Leinhi County, Idaho." In the March 1 issue of Saturday Evening Post, Ernest F. Mechlin, Jr., chief cobalt section, National Production Authority, states: "The Bethlehem Steel Co.'s Cornwall, Pa. ore bed is the principal domestic source." Maybe he should have said: "was the principal domestic source", or perhaps Howe Sound's Idaho cobalt is still in the prospect stage in Mr. Mechlin's opinion, perhaps in yours too. KATHARINE W. CARMAN GEOLOGIST 933 MICHIGAN AVE. EVANSTON, ILLINOIS Mr. Mechlin is correct in his statement that Cornwall is the principal domestic source of cobalt, but within the year, Blackbird production should greatly exceed that from Cornwall. Calera is expected to ultimately produce 3 million lb per year, whereas Cornwall averages 520,000 lb per year. -Editor.

Jan 1, 1952

By F. S. Norcross

MANGANESE has long been considered one of the United States' most important strategic raw materials. Its indispensability in steel manufacture makes it vital to the nation's industrial life. Coupled with this indispensability is the fact that domestic producers have not been able as yet to supply more than a small part of the nation's manganese needs; consequently the United States has had to depend upon such distant foreign sources as the U.S.S.R., British India, the African Gold Coast and Brazil for the major portion of its ore. The great bulk of the mineral is consumed in the form of ferromanganese, an alloy that averages 8o per cent manganese and 20 per cent mainly iron and carbon. Manganese is used as a deoxidizer and desulphurizer in steel manufacture. By combination with the residual oxygen and sulphur of the bath, it helps to produce a clean, sound metal. Approximately 14 lb. of manganese, it is estimated, is used in making one ton of steel. For standard-grade ferromanganese, the ore should have a minimum of about 48 per cent Mn and preferably more. Beneficiation methods have not yet been developed for making the immense low-grade deposits in the United States salable at prevailing prices. Dependence upon foreign sources thrust the United States into serious difficulties during the World War. At the start of hostilities in 1914, the nation was obtaining about four-fifths of its ore from the Eastern Hemisphere. Domestic production had been negligible, amounting to only 3000 to 7000 tons a year. As the war continued, shipments from the East, endangered by sea attack and blockade, dwindled rapidly. Imports from Brazil mounted. In this grave emergency, the United States, starting almost from scratch and under the stimulus of high prices, succeeded by 1918 in producing a peak of 311,000 tons, about 3 5 per cent of its consumption that year. Since the war, the United States has depended upon foreign sources for more than nine-tenths of its high-grade ore. During 1936, 1937 and 1938, imports for consumption averaged 736,000 tons a year. During the same period, domestic shipments averaged 21,000 tons a year. Of the imports, the U.S.S.R. accounted for an annual average of 280,000 tons, the Gold Coast 208,000 tons, India 74,000 tons, and Brazil 72,500 tons. But India and Brazil, which in 1936 ranked third and fourth in the list of importers, were displaced in 1937 and 1938 by a new and much nearer source-Cuba. From less than 1 per cent of United States imports in 1931, the island republic increased its shipments to more than 27 per cent in 1938. Cuba's average for this three-year period was 97,000 tons, and its total for 1938 was 131,000 tons.

Jan 1, 1940

COMMITTEE IN CHARGE SPENCER PENROSE, Chairman A. E. CARLTON, Chairman Finance Committee GEORGE M. -TAYLOR, Vice-chairman. J. DAMSON HAWKINS, Secretary DENVER COLORADO SPRINGS Finance Finance T. B. STEARNS A. E. CARLTON RICHARD A. PARKER SPENCER PENROSE T. B. BURBRIDGE GEORGE M. TAYLOR A. L. BLOOMFIELD, Treasurer Arrangement Registration DAVE G. MILLER LOREN C. LENNOX FRANK BULKLEY HORACE F. LUNT GEO. E. COLLINS J. M. TIPPETT Entertainment Arrangement and Entertainment F. H. BOSTWICK GEORGE M. TAYLOR F. E. SHEPARD J. D. HAWKINS HOWLAND BANCROFT A. E. CARLTON B. P. MORSE A. L. BLOOMFIELD J. G. PERRY THOMAS B. CRONE E. P. ARTHUR ETIENNE A. RITTER CRIPPLE CREEK PUEBLO THOMAS B. CRONE J. F. WELBORN E. B. ARTHUR H. B. CARPENTER N. S. GREENSFELDER L. B. EAMES A. E. CARLTON F. ROBINSON B. F. HILL J. G. WILLIS

Jan 8, 1918

By William F. Boericke

THERE was a time when the selection of fire brick was .left to the judgment of the head bricklayer of the plant, whose choice was not unaffected by a box of Christmas cigars from a friendly salesman. But the days are past when it was generally believed, with complacent philosophy, that bricks were bricks without much distinction, and should be bought on a price basis alone. Gone, too, is the belief that in certain types of industrial work the eventual failure of refractories was assured. Modern metallurgical practice, with its trend toward handling larger tonnages at higher temperatures, demands the use of refractories that cannot be supplied by random guess. The logical development is to inquire into the properties of the brick to be purchased, and this resolves itself into the use of specifications. In 1925, the General Refractories Co., with the active support and hearty cooperation of some of its larger customers, established a laboratory, at its Baltimore plant, for testing and research in refractories. This was the outgrowth of a growing appreciation of the value of research in the refractory field. Since then the work has become more involved' and the aims more ambitious, so that the present laboratory now employs a staff of 11 men working, under the direction of trained refractory technologists, on problems of research as well as the routine control of manufacture. It is believed s that `this type of laboratory is a comparative novelty among refractory manufacturing plants. It handles the testing and research work for all the 15 plants of the organization. Being at one of the works has the advantage of making it possible to carry on large scale plant tests on new products after the preliminary laboratory tests have been successfully completed.

Jan 1, 1929

By Roy Neal

THERE are two main sources of the water that floods productive oil or gas sands. The water may rise from the lower depths of the producing stratum, or it may come from beds above or below the oil-bearing formation. Usually the recovery of oil is decreased by water entering the oil sands, and most oil-field waters, especially those of deep wells, tend to foster the formation of an emulsion, which is expensive to treat. This paper deals with a method of distinguishing between waters that encroach upon oil-bearing, beds from sources in the same stratum and waters .that reach the oil sands from horizons above. In order to remedy effectually water difficulties in oil and gas wells, it is absolutely necessary to determine the source of the invading water. Sometimes evidence such as the structural relations between the strata penetrated by neighboring wells and those found in the well under investigation is not adequate; also, data from drill logs and well records, from mechanical tests made on the wells by plugs, testers, drilling tools, etc., and from tests by chemical indicators such as eosin and Venetian red, may he unsatisfactory, for such data may fail to locate the source of the infiltrating waters. As a resort in such cases, the application of chemical analyses, that is, the comparison of an analysis of the water in, question with that of typical waters from the various water horizons in that particular district, has in certain instances proved of value. This method has been used to advantage in the Westside Coalinga field of California, where the source of water may be fairly definitely determined from its composition. The chief conclusions concerning the chemistry of the oil-field waters in California by G. S. Rogers1 are: "Oil-field water is not necessarily salty, as is generally believed, and may not be even slightly salty to the taste. The degree of concentration of chloride in such water is governed primarily by local conditions and is not affected by the position

Jan 1, 1919

By W. A. McCurdy, Joseph W. Leonard, T. S. Spicer

INTRODUCTION by T. S. SPICER and J. W. LEONARD Utilization from the Point of View of the Preparation Engineer The primary interest of the coal preparation engineer is process design, operation and maintenance to produce an acceptable product which can be sold at the greatest possible profit. Because of these interests, attention to the unrealized potential value of coal is sometimes neglected. The intent of this chapter is to alert the preparation engineer to the utilization possibilities of both the product as well as the tributary coal flow moving through a modem coal preparation plant. Thus, coal types having similar physical and chemical properties tend to become increasingly concentrated according to size, specific gravity and/or surface chemistry. The basis for any unrealized potential derives directly from the coal seam itself. Most coal seams consist of coal bands and benches which are sandwiched together in layers and which visually differ from each other by physical structure and luster. Randomly selected physical and chemical ranges determined from layers of coal in a single seam can easily differ by as much as 30 Hardgrove grindability indices, 0.30 of a specific gravity point, 20 percentage points of ash, six percentage points of dry volatile matter and 10 percentage points of total sulfur.1 Similar wide variations exist for calorific value, seam moisture content and undoubtedly, for any other conceivable coal test parameter which might be used for comparative purposes. These observations all point to the long established fact that coal is not homogeneous as conventional analytical methods might tend to indicate, but is instead a highly heterogeneous substance. Since both coal and associated minerals entering a preparation plant are highly heterogeneous, a multi-product potential beginning with certain flotation cell concentrates and ending with plant refuse may exist. Such a potential can and to a limited extent is achieved at some operations by drawing off coal according to size, specific gravity and/or surface chemistry differences from individual coal cleaning processes. Such a sequenced draw-off of coal of increasing ash increments could yield, among other products, chemical coals, coking coals, coals for pulverized fuel boilers, cyclone boiler coals, coals for cement plants, limestone, shale and clay. Basis for Coal Evaluation and Selection Despite the known heterogeneity of coal, the final analysis of a given coal product is customarily reported as a single average since coal has always

Jan 1, 1968

By W. A. Vine

When a hole is made in a stressed solid, such as rock pierced by mine openings, equilibrium of the solid is destroyed. To restablish that equilibrium the stress condition in the rock surrounding the opening becomes rearranged. This rearrangement may or may not develop local stresses in the vicinity of the opening which exceed the elastic strength of the rock. Since stability of the opening depends, therefore, on the strength of the naturally occurring rock surrounding the opening, this rock is an engineering material of construction, and all rock affected by the associated opening or system of openings may be considered a structure. The term invert is chosen to describe the formation of the structure built from the inside, as it were, and a consequence of mining rather than an entity built for a purpose. By definition, an invert structure is formed when openings are made underground and is com- posed of that material on the solid side of a rock-air interface wherein the stress condition is affected by the associated opening or system of openings. The shape of an invert structure is never clearly defined; the skin of the structure may be mapped, and even described, but the boundary of the structure within the solid rock mass must be arbitrarily set.

Nov 1, 1955

By F. S. Crawford

IRON and copper are mined in the Lake Superior district. The iron mines of the district have the best safety record for that industry in the country as a whole, while the copper mines of the district rank second in two of the four years recorded (Table 1). In Utah copper comes mainly from open-pit mines, which enables that state to lead easily in safety. All of the Michigan production comes from deep under-ground workings. About 60 per cent of the iron miners in St. Louis County, Minnesota, are employed at open-pit mines; this favorably affects the combined open-pit and underground accident-frequency rate, as this county pro-vides most of the Minnesota-mined iron ore. In Michigan, however, there are few open-pit mines, the bulk of the production coming from underground mines, while all of the Wisconsin production, just across the state line from Michigan, is from underground mines. In spite of the fact that fewer mines in Michigan use the safer open-pit method, the iron-mining industry of that state maintained a consistently low record from 1931 to 1934; however, it was many points behind its nearest com petitor, Minnesota, with its much greater production from open-pit mines.

Jan 1, 1939

Safety Factor Characteristic Curves. Their Application to Mine Hoisting Ropes. (Paper by W. A. Boyer, Transactions AIME, 199, 989; Mining Engineering, October 1954. Discussion by B. E. Grant.) ............................................................................................................................. 1101 The Use of Wooden Rock Bolts in the Day Mines. (Paper by Rollin Farmin and Carville E. Sparks, Transactions AIME, 196, 922; Mining Engineering, September 1953. Discussion by Edward Thomas.) ................................................................................................................................. 1101 An Analysis of Mine Opening Failure by Means of Models. (Paper by Bernard York and John J. Reed, Transactions AIME, 196, 705; Mining Engineering, July 1953. Discussion by J. P. Zannaras.) ... 1102 B — Minerals Beneficiation Flotation and the Gibbs Adsorption Equation. (Paper by P. L. de Bruyn, J. Th. Overbeek, and R. Schuhmann, Jr., Transactions AIME, 199, 519; Mining Engineering, May 1954. Discussions by W. E. Ewers and Masayoshi Wada.)........................................................................................... 1103 Manganese Upgrading at Three Kids Mine, Nevada. (Paper by S. J. McCarroll, Transactions AIME, 199, 289; Mining Engineering, March 1954. Discussion by J. Bruce Clemmer, J. B. Rosenbaum, and C. H. Schack.)............................................................................................................. 1105 A Physical Explanation of the Empirical Laws of Comminution. (Paper by D. R. Walker and M. C. Shaw, Transactions AIME, 199, 313; Mining Engineering, March 1954. Discussions by Dimitri Kececioglu, George B. Clark, and Fred C. Bond.) ......................................................... 1106 F — Coal Underground Electrocarbonization of Coal and Related Hydrocarbons. (Paper by T. C. Cheasley, J. D. Forrester, and Erich Sarapuu, Transactions AIME, 199, 908; Mining Engineering, September 1954. Discussions by John G. Tripp and James L. Elder.)....................................................... 1108 Longwall Mining and Mechanization, with Special Reference to Nova Scotia. (Paper by Frank Doxey, Transactions AIME, 199, 701; Mining Engineering, July 1954. Discussion by Louis A. Turnbull.) ........................................................................................................................................ 1109 Cleaning Various Coals in a Drum-Type Dense-Medium Pilot Plant. (Paper by M. R. Geer, W. A. Olds, and H. F. Yancey, Transactions AIME, 196, 696; Mining Engineering, July 1953. Discussion by John Griff en.)................................................................................................................................. 1110 Frontiers in Heat Extraction from the Combustion Gases of Coal. (Paper by Elmer R. Kaiser, Transactions AIME, 199, 304; Mining Engineering, March 1954. Discussion by G. A. Vissac.) ............ 1112 Exploration of the Oaxaca Coal Fields in Southern Mexico. (Paper by Luis Toron and Salvador Cortes-Obregon, Transactions AIME, 199, 505; Mining Engineering, May 1954. Discussion by John D. Price.).................................................................................................................. 1113 H — Industrial Minerals Alkali Reactivity of Natural Aggregates in Western United States. (Paper by William Y. Holland and Roger H. Cook, Transactions AIME, 196, 991; Mining Engineering, October 1953. Discussions by Dexter H. Reynolds and W. L. Merritt.) ......................................................... 1114 Characteristics of Titaniferous Concentrates. (Paper by L. E. Lynd, H. Sigurdson, C. H. North, and W. W. Anderson, Transactions AIME, 199, 818; Mining Engineering, August 1954. Discussion by D. R. Grantham.)........................................................................................................................ 1116

Jan 1, 1955

By Herbert D. Drechsler

The objective of this paper is to identify the components of income above that necessary to keep a mine in production and relate those components to the profits of a mining firm. This is a discussion of "Economic Rent". Economic rent is the payment to the factors of production -- capital, labour, entreprenuer and the owner of the mineral deposit -- above the minimum necessary to keep all of these factors cooperating in the production of minerals from a particular deposit. THE SOURCE OF ECONOMIC RENT IN THE MINING INDUSTRY In the mining business each mine has a unique cost of production unrelated to any other mine. The cost of production is developed from many factors such as the technical characteristics of the deposit: depth of deposit, depth of overburden, areal extent, and type of deposit. Furthermore, there are locational factors which also alter cost of production. For example, identical mineral deposits located in Zambia or in the southwest U.S.A. would have different capital and operating costs. These differences occur because of different qualities of labour, ease of acquisition of operating supplies or investment capital and other similar factors. To explain the source of rent, we shall use ideas developed by Alfred Marshall and Kenneth Boulding. Suppose a meteorite with special qualities exploded over earth and sent showers of small meteorites to the ground in various places. At some point in time, people learned of the special qualities of these meteorites and a demand arose and one mine was started. Suppose further that the cost of production to produce these meteorites was different for each deposit. Probably the lowest unit cost mine would commence production because if a higher unit cost mine started-up, eventually someone would discover a deposit that had a lower unit cost of production. The lower unit cost mine would take over the market and the high unit cost mine would cease production. The cost curve for the first mine would look like the following Figure 1. [ ] The output for the first mine is on the horizontal axis with the cost per ton on the vertical axis. The curve labelled AC I is the average total cost of production over the range of possible production that could occur at the property. The total costs are composed of variable costs, which are dependent on output and fixed costs, which are dependent on time. For example, the cost of operating supplies would be a variable cost and normal profit would be a fixed cost.1 The opportunity cost of the investment would also be part of the fixed costs. In our example, all factors of production, are receiving the minimum necessary payment that will keep the mine operating. The average total cost curve is U-shaped because at zero output, the meteorite mine has no variable costs, only fixed costs which, on a unit basis, obviously are very high. To produce a small output of meteorites, the mining firm adds

Jan 1, 1985

By Michael A. Gustafson, Fernando B. Sotelino

INTRODUCTION The degree of success of any new project will ultimately depend on two factors: (i) the underlying economic strength of the project; and (ii) how successfully the parties involved can coordinate their interests to establish a financing structure which indeed capitalizes on the project's inherent economic attractiveness. A project's underlying economic attractiveness is determined by its inherent comparative advantage in accessing the factors of production, combining these factors of production to create a product and marketing this product. Initially, the decision regarding whether to go ahead with the project - the go/no go decision - has to be based on its total ability to generate cash flow returns to project participants to compensate them for resources committed and risks undertaken. The extent to which project sponsors will actually benefit from the project's inherent economic attractiveness is fundamentally dependent on their ability to establish the long-term financing arrangement which best meets the objectives and constraints of each project participant and sources the most advantageous funding. The decision regarding the financing of the project, the "how-to-go" decision, is then an attempt to find the capital structure, consistent with market terms and conditions and sound financial management policies which will best: (i) match planned outflows with cash inflows; and (ii) maximize the return for project sponsors. This article makes use of a case study to illustrate the analytical process involved in dealing with the go/no go and the how-to-go decisions on a project. Though most commonly applied to project finance situations, the guideline described herein is equally applicable to other financing situations, such as leveraged buyouts and debt restructurings, where timely repayment of debt depends largely on the future cash flows to be generated by the entity being financed. Our case study is of a hypothetical expansion of an existing copper mining operation in Latin America. The company, Latin American Copper (LAC) currently has 147 million metric tons of proven sulphide ore reserves. The existing mine complex consists of an open pit mining operation and a conventional flotation plant with a processing capacity of 20,000 metric tons of ore per day. LAC sells copper concentrates primarily to Japanese custom smelters. The mine has been in operation for 5 years, fine copper production last year was 108,240 metric tons, and LAC currently has assets of $175 million and net worth of $135 million. Due to a recent increase in proven reserves, LAC is considering doubling the treatment capacity of its flotation plant to 40,000 tons per day, and expanding its mining capacity to meet the additional concentrator capacity (the "Project"). Project capital expenditures and incremental working capital have been estimated at approximately $210 million. The construction period is expected to cover one year, including a three-month start-up phase. The Project is to be funded by a combination of equity, senior debt, including both supplier credits and/or commercial bank term loans, and subordinated debt. LAC's shareholders are willing to commit a maximum of $50 million to the Project. A government development agency, which is also a minority shareholder, might be willing to lend approximately $40 million to LAC in the form of subordinated notes, depending on the ability of the Project to generate foreign exchange reserves. Commercial banks cannot be expected to offer loans with maturities longer than ten years. The Project is expected to increase the value of the firm because: (i) It will solidify the Company's position as a low-cost copper producer by taking advantage of economies of scale. As a result of the expansion, cash production costs are expected to decrease 7.0[c]/lb. and all-in costs 11.0[c]/lb; (ii) The potential earnings stream from the sulphide ore reserves will be realized

Jan 1, 1985

By Joseph J. Yancik, Leonard L. Felts, George B. Clark

LITTLE information has been published concerning the actual or useful amount of energy obtained from explosives when they are used for blasting. To provide more data on this subject, 8-in. neet cement cubes were blasted in a steel plate box and the breakage energy evaluated by comparison with drop crusher results using Rittinger's,1,2 Kick's: and Bond's' theories. Theories by Bond and Wang," Lineau," Hatch,' Roller,' and others0-11 were not considered applicable. Those used in this investigation may be expressed mathematically as follows: Rittinger Theory E = KrS2, pet,—--------------- [1] 40 d1 d0 Kick Theory TV 1 1 E = =K, [S pct. log1/d+ 100 log d0] [2] 40 d1 L. L. FELTS, Junior Member AIME, was formerly a Graduate Assistant, University of Illinois. G. B. CLARK, Member AIME, was formerly Professor of Mining Engineering, University of Illinois, and is now Chairman, Dept. of Mining Engineering, Missouri School of Mines and Metallurgy. J. YANCIK, Junior Member AIME, is a Graduate Assistant, Missouri School of Mines and Metallurgy. This paper, TP 4213A. is revised from a thesis submitted by L. L. Felts in partial fulfillment of the M.S. degree in Mining Engineering, University of Illinois, 1954. Discussion may be sent (2 copies) to AIME before May 31, 1956. Manuscript, Dec. 27, 1954. Bond's Third Theory E = Kb [S pct. log1/d1+ 100 log d0] where E — energy used in breakage, d, = average diameters of screen fractions of broken cement particles, pct, = percent weight of diameter d;, and 2 pct, = 100 pct. The above equations were employed to determine values of Kr, Kk, Kb for particle size distributions similar to those obtained from the blasting curves. These values were in turn used as a means of approximating the specific energy of the blasted material. The efficiency of crushing by blasting was then determined by dividing this specific energy by the maximum available work of the explosive per gram of cement. Knowledge of the failure of solids under static loads is developing very rapidly. Their failure under impact loads has been investigated and reported in the literature only to a limited extent. Theories of failure' hnder static loading include 1) the maximum stress theory, 2) the maximum strain theory, 3) the theory of constant elastic strain, 4) theory of maximum shearing stress, and 5) Mohr's theory of strength. All of these have elements of usefulness in establishing an applicable theory for blasting. For highly strained and compressed material such as that surrounding a detonating charge of high explosive, the Mohr theory and its implications appear to be the

Jan 1, 1957

By G. H. Lair, B. J. Langford, S. H. Rockwood

Volumetric reservoir analysis is dependent upon a firm relationship between porosity, connate water, and net pay. Capillary presswe data on core samples interrelate these three factors. It is shown that other reservoir problems may be resolved: (I) whether water production is indigenous or extraneous to the oil producing interval, (2) an oil-water contact is being approached, and (3) whether the oil-water contact is remotely situated. INTRODUCTION Volumetric analysis of carbonate reservoirs challenges the ingenuity of the reservoir engineer due to an absence of data on the minimum oil-bearing and oil-producing pores of a given reservoir rock. Many studies with this as the ultimate objective are available on the physical characteristics and fluid-flow behaviors of the carbonate reservoir. Some of these publications are: Hassler, Brunner and Deahl's1 study of the role of capillarity in oil production; Jan Law's' and A. C. Bulnes3 statistical treatment of core analysis data; Chalkley's method4,5 or estimating specific surface areas and porosity; Walter Rose's9 report on porosity, reserves, and recovery; Archie's78 tex-tural classification of carbonate rocks; Stewart and Spurlock's9 large core analysis; Purcell'sl0 mercury injection method in studying capillary pressure phenomena; Stewart, Craig, and Morse's" model multiple-phase flow test in investigating the relative permeability effect; and Fatt's12 illumi-nating network model of porous me-dia. The present study shows that the static reservoir parameters of porosity, connate water, and net productive thickness may be interrelated by utilizing a statistical arrangement of mercury capillary pressure data in addition to routine core analysis. This report summarizes the techniques that are followed to obtain these relations which are applicable to carbonate and sandstone reservoirs that do not contain clays. Capillary pressure statistical studies may be extended to include clay-bearing rocks by utilizing water capillary pressure data. POROSITY It is necessary that the laboratory determine the porosity value that includes the pores that are filled with hydrocarbons and water in the reservoir. This is the reservoir's total porosity. When true total porosity values are not available, correlations between porosity and capillary pressure characteristics lose their significance since they cannot be related through oil-base mud core data to the porosity and connate water values found in reservoirs. Methods used to obtain reliable porosity data will not be discussed; however, care should be exercised in selecting samples for measurement. In homogeneously porous formations, small core plugs sampled frequently will furnish adequate information. Where heterogeneity, particularly vugginess, is present, large-core porosity data may be required; in such reservoirs a suite of capillary pressure samples may be selected from small plugs. CAPILLARY PRESSURE Capillary pressure data provide a method for relating two carbonate reservoir parameters, porosity and connate water saturation, which in turn permit delineation of productive rock types necessary for selecting the third parameter, productive thickness. Specific applications of capillary pressure data to petroleum reservoirs were suggested by Archie8 and Pur-cell."' Their work demonstrated that in preferentially water-wet rock, porc

Jan 1, 1958