Search Documents

By J. M. Menacho

As usually occurs in technological development, heap leaching knowledge has been built upon two parallel lanes, theory developed on fundamentals but relatively far from industrial applications, and operational know-how generated from empirical trial and error. As a contribution to close the gap between the above-mentioned lanes, the De Re Metallica process consulting group has been developing and applying fundamentalsbased modeling tools for industrial process design and process optimization of existing plants over the last ten years. As result, a library of models is now available with application to the whole production chain from blasting to electro winning. This presentation is centered in heap leaching and several real case studies are developed, showing how paradigms are broken when fundamentals are applied. Cu2007 - Volume IV (Book 1) The John E. Dutrizac International Symposium on Copper Hydrometallurgy Edited by P.A. Riveros, D.G. Dixon, D.B. Dreisinger, M.J. Collins Toronto, Canada,

Jan 1, 2007

By G. Morin, S. Amira, F. Chiesa, B. Duchesne

"The effect of heat treatment on the stress corrosion cracking (SCC) resistance of A206 aluminum alloy was studied using the breaking load test according to ASTM G139 standard. This method uses the residual strength measurement from tensile test specimens previously stressed axially while exposed to the 3.5% NaCl alternate immersion test according to ASTM G44 standard. The residual strength after exposure is used as a measure of SCC degradation. The performed heat treatments were conventional natural aging T4 and artificial over-aging T7 tempers in addition to artificial aging T6 temper added for purpose of comparison. These tests showed that A206-T4 has a good resistance to SCC at pre-loads up to 100 MPa while A206-T7 was prone to SCC for pre-loads of 0 and 50 MPa, and showed total loss of ductility for pre-load of 100 MPa. Both A206-T4 and A206-T7 pre-loaded at 150 MPa showed poor resistance to SCC. A206-T6 showed the worst susceptibility to SCC as it lost all mechanical resistance at the end of the alternate exposure to 3.5% NaCl solution, even without any applied pre-load. Metallographic analyses showed that the resistance of A206 alloy to SCC is mainly affected by the transition from pitting to intergranular corrosion attack. The initiation and the propagation of intergranular corrosion attack might be assisted by high stress concentrations in the pits, particularly for pre-loads higher than 100 MPa. The transition from pitting to intergranular corrosion can also be promoted by hydrogen evolution from growing pits, which supports crack propagation by hydrogen embrittlement.INTRODUCTIONA206 aluminum-copper casting alloy offers ones of the best mechanical properties among the aluminum foundry alloys. This alloy belongs to the 206 alloy family developed in 1970s as an alternative to the highly resistant and ductile but more expensive Ag containing 201 alloy (Tiryakioglu, 2009). A206 showed also good low cycle fatigue strength (Sigworth, 2002). These properties made A206 alloy a strong candidate for some vehicles lightweighting applications. In spite of its interesting properties cited above, A206 alloy was rarely used in critical applications due to its tendency for hot tearing and stress corrosion cracking (SCC). Studies of A206 hot tearing behavior showed that this tendency can be reduced by improving castability and by grain refinement (Sigworth, 2002). The optimisation of the casting design can also prevent the tendency toward hot tearing. The SCC of aluminum-copper alloys arises from their susceptibility to localised corrosion, especially in chloride containing media. The localised corrosion in Al-Cu alloys is caused mainly by their heterogeneous microstructure, where the presence of many phases leads to the formation of micro-galvanic coupling with the matrix. However, most of the studies aimed at investigate the SCC of Al-Cu alloys concerned the wrought ones, especially the AA2024 alloy tempered in the T3 (or derivative) condition and few studies concerned the 206 and cast alloys in general (Alexopoulos, 2009 and 2016; Campestrini, 2000; Vogt, 1998; Talamantes-Silva, 2008; Zhang, 2003). Jean et al. (Jean, 2009) studied the effect of heat treatment on SCC behavior of B206 alloy using alternate immersion technique and grain boundary attack method and did not find direct correlation between the two methods. Another study showed that aging of 206 alloy may make a casting susceptible to SCC (Sigworth, 2002). However, these studies did not provide detailed information about the mechanisms of SCC of 206 alloy, as well as the effect of the stress intensity. The present work investigates the effect heat treatments and the stress intensity on the morphology of the corrosion attack and the SCC behavior A206 aluminum alloy. This study uses the breaking load test according to ASTM G139. This test utilizes direct tensile specimens and was developed to give a more quantitative measure of the SCC performance of resistant aluminum"

Jan 1, 2016

By C. Cano

One of the main concerns within the mining industry is to minimize the impact of tailing facilities to the environment and nearby communities. Since the implementation of the first thickened tailings disposal (TTD) methodology at Kidd Creek in 1964, the thickened tailing disposal has been growing alternative disposal technology to mitigate the environmental impacts. Technical investigations on the TTD technology have been studied in detail to counteract the increasing shortage of water resources. One of the benefits observed with TTD is its resistance to potential earthquakes, particularly in zones with high seismic activity (Los Andes). TTD technology optimizes the maximum possible density for the material and generates a negative internal pore pressure in the material due to the surface and sub-surface water evaporation. This internal pore pressure should be enough to resist the pores pressure to which tailings are subject due to an earthquake action. The objective of this study is to verify the Shrinking Limit (SL) of thickened tailings during initial deposition and in the long term and the ability of tailings deposited by TTD would resist liquefaction. Fresh tailings coming from a flotation process of a copper plant concentrator were used. The samples put under cyclical three-dimensional tests associated with maximum credible earthquake magnitude range of 7.0 8.0 to develop a curve for the safety factor v/s depth for dry densities related to the maximum density obtained at the SL. At a dry density of 1.65 t/m3 liquefaction did not occur at any depth. At 90 % of dry density of 1.51 t/m3, liquefaction did not occur at earthquake magnitudes of 7.0 or 7.5 nor at any depth but liquefaction occurred at magnitude 8.0 between 0 m and 14.5 m; below 14.5 m, liquefaction does not occur.

Jan 1, 2007

By C. Lara-Valenzuela, R. Perez-Garibay, F. López-Saucedo, A. Uribe-Salas, L. Magallanes-Hernandez

A relationship between gas dispersion parameters, namely gas rate (Jg), gas holdup (Eg), average bubble size (db) and bubble surface area flux (Sb), with the metallurgical performance (e.g., grade and recovery) has been established.. Results of eleven columns operating at five concentrators of Grupo Pefioles (Mexico), ranging between 1.52 to 3.35 min diameter and performing in the cleaning stages of lead and zinc circuits, are presented and discussed. The results showed that the effect of gas dispersion parameters was consistent and that both, Sb and Eg, correlate well with recovery particularly when the influence of feed pulp density is also considered.

Jan 1, 2009

By John S. Stevenson

The Twin ''J' mine is on mount Sicker; 8 miles by road northwest from Duncan; on Vancouver island. It includes the old Lenora; Tyee; and Richard III mines; formerly under separate ownership but now under the single ownership of Twin "J' Mines; Limited.

Jan 1, 1954

By BARRY BANNATYNE

Ombrotrophic Sphagnum peat bogs have a characteristic signature on both colour injrared film (750 nm to 3,000 nm response) and Daedalus injrared line-scanner images (thermal infrared 3 to 5 microns and 8 to 14 microns response). This remote sensing method was used to survey bogs in southeast Manitoba to delineate targets for surface exploration. Target bogs all have a surface growth of Sphagnum; underlying dead Sphagnum ranges from 1 to 6 m thick. Large Sphagnum reserves exist in the Caribou cluster of bogs, and in /979 a bog first identified by infrared sensing was brought into production.

Jan 1, 1984

By Candido Bariáin

A new vapochromic material of formula [Au2Ag2(C6F5)4(bipy)2]n (bipy = 2,2´ bipyridine) has been developed and used for the detection of some volatile organic compounds as acetone either in vapour or in water solution. The material is presented in the form of powders which colour changes with acetone vapours turning from bright yellow in the absence of vapour to white in the presence of vapour. By using the sol-gel technique, the powder ? dispersed in tetraethyl orthosilicate- was easily deposited on optical fibres. In order to study experimentally the behaviour of this material for construction practical optical fibre sensors, a sol-gel material doped with the vapochromic material is deposited onto an extreme of a monomode fibre connected to a coupler. The behaviour of the material was studied for different wavelengths and concentrations of acetone vapours and acetone/water solutions. Changes up to 4dB in the reflected optical power were detected. Optical fibre sensors have many advantages over conventional ones, such as electromagnetic interference immunity, passivity behaviour, possibility of using multiplexation techniques, low weigh and little size, etc. Actually, there is an increasing interest in developing optical fibre sensor for vapour detection in the chemical industry and in fact many sensor had been developed [1]. Some are based on the deposition of a sol-gel-based material either over the core of an optical fibre [1] or onto the thinner zone of a biconically tapered optical fibre [2]. Others are based on Fabry-Perot interferometers [3]. Also there are sensors based on the reflection of the light on films, on the fluorescence of dye-doped polymer cladding in fibre, on colorimetric reagents in the core of a silica fibre or on surface plasmon [4]. The possible materials for the construction of such sensor should be colorimetric reagents able to change the colour or refractive index in the presence of same organic vapours. There are not many metallic complexes with these properties, although same interesting examples have been reported in the chemistry of palladium and platinum as [Pt(p-R-C6H4NC)4][Pd(CN)4] described by Nagel [5] and Mann [6], which reported the construction of some LEDs. We recently reported the preparation of a novel vapochromic material (Fig 1) [7] which can be used for the construction of optical fibre tapered environmental sensors [8,9] of vapour organic compounds (VOC´s). Also we reported other nickel and palladium derivatives which present this type of behaviour [10]

Oct 1, 2003

By Ahmad Ghahreman, Lin Li

"In this study, the Fe(II)/Fe(III) redox reaction kinetics on the surface of pyrite, have been investigated in a 0.5 mol L-1 sulfuric acid solution for a temperature range of 22 to 65°C. Based on mixed potential theory, chronoamperometry is introduced to study the Fe(II)/Fe(III) kinetics by subtracting the current density of pyrite oxidation in an iron-free acidic solution from that in an iron-containing solution at the same applied polarized potential. Tafel behavior was established by this method to analyze the kinetics of the Fe(II)/Fe(III) redox reactions. The results showed that exchange current densities increased slightly with temperature, however remained on the order of 10-5 A cm-2. The activation energy for Fe(II) oxidation and Fe(III) reduction on the pyrite surfaces was calculated to be 102.0 and 32.7 kJ mol-1, respectively. Anodic transfer coefficients also increased, from 0.24 to 0.39, with increasing temperature, which indicates a weakened n-type semiconductor property at higher temperatures. Electrochemical impedance spectroscopy measurements have indicated that at lower anodic over potentials the charge transfer is the rate determining step of pyrite oxidative dissolution in sulfuric acid solution. In the presence of Fe ions, the major contribution of the total current density comes from the Fe(II)/Fe(III) redox reaction. INTRODUCTION Pyrite, an abundant sulfides mineral in the nature, is commonly considered a valueless gangue mineral frequently associated with other valuable sulfide minerals such as chalcopyrite, or metals such as gold, or coal (Lin & Say, 1999). Pyrite oxidation has been the subject of extensive research in view of gold metallurgy, as oxidation of pyrite is the initial step to break down the pyrite lattice and expose the encapsulated fine gold particles (Gasparrini, 1983). Fe(III) ion and dissolved oxygen (DO) have generally been considered as the two most important oxidants with respect to pyrite oxidation, having been studied extensively in previous research (Zheng, Allen, & Bautista, 1986; King Jr & Lewis, 1980). The process of pyrite oxidation can be viewed as a series of reactions amongst pyrite, ferrous, ferric and oxygen in which pyrite is initially oxidized by the dissolved oxygen in water forming ferrous (Eq. 1), and then the ferrous also is oxidized by he dissolved oxygen to form ferric (Eq. 2). The ferric, produced by reaction 2, then could potentially oxidize pyrite (Eq. 3) and convert to ferrous."

Jan 1, 2017

By John A. Dresser

Seventy years ago a period of prospecting and mining activity began in the Eastern Townships of Quebec that seems to have been quite equal to that of recent years in the Rouyn field. In the following six or seven years a large amount of work was done over a widespread area. About fifty deposits gave some shipment of ore, from a few tons upwards, and as many as five hundred occurrences of copper were made known in the district by official records. Comparing the scale of commercial undertakings of that time and of the present day, these developments must have occupied quite as large a share of the capital and man-power of the Province as northern Quebec employs today. Working conditions at that time were not very favourable. The country was then only newly opened for settlement, and colonists were few and widely separated. Roads of the class built today were unknown. A single line of railway, the Grand Trunk, crossed the district from east to west. Colonization companies controlled large blocks of land on which they owned mining rights and usually reserved these rights in whole, or in part, when selling the lands. Then, as now, the precious metals belonged to the Crown. Yet the work was not without its successes. One of the first deposits discovered, the Acton, was, for a few years, one of the most profitable producing copper mines of its time. Another, the Eustis mine, has been in almost constant operation ever since, and is now vigorously pushing further development. At least two others, now quiescent, proved profitable operations, and several made considerable production. The manufacture of sulphuric acid in Canada was begun by the founder of the Nichols Company at Capelton, on a deposit that is now being re-developed, after a long and creditable career.

Jan 1, 1928

By Y. Kashiwaya, J. Yagi, P. R. Austin

The problems of global environment and resources have become important issues in recent years, and the iron and steelmaking industry is requested to decrease energy consumption and carbon dioxide emission. The improvement of efficiency of ironmaking system is one of the countermeasures for these problems because more than a half of total energy input to the integrated steelwork is input to the ironmaking system. Various approaches to improve the blast furnace process have been made. The authors examined their performances through mathematical simulations of blast furnace operation, and confirmed the improvement of blast furnace efficiency under some operating conditions. The ironmaking system consists of various processes, and the materials and the energy are transported among these processes. Thus it is necessary to evaluate the efficiency of the novel operation of blast furnace based on the ironmaking system. In this study, the balances of material and energy on ironmaking system that consists of blast furnace, coke oven, sintering and hot stove processes were analyzed. The operation status of each process in the system was adjusted according to the results of the operation simulation of the blast furnace under novel operating conditions. The analysis clarified the effect of the blast furnace operation on the energy balance and CO2 emission of the ironmaking system.

Jan 1, 2015

By R. C. A. Thurston

Introduction A mechanical spring has been .defined by Wahl ( 1) as 'an elastic body whose ?primary function is? to deflect or distort under load, and which recovers its original shape when released after being distorted'. Most material bodies are elastic to some extent ? and will deform under load, but they are seldom regarded as springs since this is not their primary function. The principal applications of springs are the absorption of energy and the mitigation of shock, the support cf moving masses or the isolation of vibration, and the provision or measurement of definite loads or torques. A large number of spring types have been developed to serve these purposes and to meet the different operational requirements; they range from the large semi-elliptic leaf suspension spring to the delicate watch hairspring. The springs of most importance in machine design, however, are the helical round-wire compression or tension types. They are made in a wide variety of sizes and are used in tremendous quantities, mainly because of their low cost, their compactness, and their relatively high efficiency. Their field of application is as broad as that of machine design itself, but the bulk of production is almost certainly for suspension systems of vehicles such as automobiles, freight and passenger cars, and mine cars, and it is with the last of these applications that this paper is primarily concerned.

Jan 1, 1951

By W. J. Farley

"The Sherritt Gordon mine is 100 miles north of The Pas in northern Manitoba. Copper-zinc ore was discovered on the property in 1922. Production began in 1931 and continued to June, 1932, when operations were suspended because of the low price of copper. Operations were resumed on August 1st, 1937, and have been carried on continuously from that time to the present (March 1947). The production of metals up to the end of 1945 was copper, 287,129,880 lb.; zinc concentrate (50 per cent) 104,419 tons ; gold, 79,388 oz.; silver, 2,529,974 oz.GENERALThe ore occurs in two deposits, the east and the west. Both are enclosed in gneisses that are highly metamorphosed sedimentary and volcanic derivatives. The rock beneath the deposits, and hence forming their footwall, is gneissoid quartzite; the hanging-wall rock is basic garnetiferous hornblende gneiss. Pegmatite commonly occurs along both foot- and hangingwall peripheries and as isolated blocks and fragments within the ore zone . These blocks and fragments are considered to be residuals of unreplaced host rock .The ore is relatively coarse grained and ranges from the massive to the disseminated type. The metallic sulphides composing these, named in the order of their abundance, are pyrite and pyrrhotite ( 2-1 ratio) , chalcopyrite, sphalerite (marmatite) , and minor chalmeriite; subordinate amounts of gold and silver are recovered . The insoluble content of the ore averages about 35 per cent.Another deposit known as the Bob Lake, much smaller and lower in grade but having very similar relationships, occurs about 3 ½ miles to the northeast of the main Sherritt Gordon ore masses.STRUCTUREThe Sherritt Gordon orebodies are of the replacement type, and lie within a pegmatite sill that has been intruded along a contact between quartzite and hornblende gneiss. The two main orebodies are intimately related, for the east deposit is an erosional remnant of the lower, easterly limit of an orebody once continuous with the west body. The ore lies along the southwest limb of an overturned syncline."

Jan 1, 1954

By DON E. MacDONALD

Marl in Alberta is confined to highly specific geological, hydrogeologica/ and climatic settings. Tufa is fa irly abundant in those areas of western Alberta where bedrock is of the Paskapoo Formation. Marl and tufa originate when the following conditions are met: presence of a carbonate source in drift or nearsurface bedrock; leaching of the carbonate by percolating groundwater; transportation of calcium and bicarbonate ions in a permeable aquifer; discharge at the surface as springs, seeps or lakes; re-precipitation of calcium carbonate. Alberta has seven categories of marl and tufa deposits, based upon over-all depositional environment and calcium carbonate

Jan 1, 1984

By Zhiqing Zhang, Changyun Chen, Qing Liu, Lin Lin, Zhihong Jia, Guangjie Huang, Lipeng Ding

The effect of interrupted quenching (IQ) treatments on natural aging and bake hardening response of Al-Mg-Si alloy was investigated by hardness measurements, tensile test, differential scanning calorimetry (DSC) and transmission electron microscopy (TEM). The results show that interrupted quenching at 100oC could effectively suppress natural aging and improve bake hardening response. The optimized interrupted quenching treatment is 100oC for 45min, which gives the alloy a relatively low T4 temper strength and higher bake hardening response. The formation of highly dense cluster(2) during the interrupted quenching could be the reason for suppressing the natural aging and accelerating the precipitation of ß? phase during the paint bake treatment. In addition, interrupted quenching at higher temperature (170oC) results in unfavorable properties in both T4 temper and paint bake treatment. The formation of large precipitates is responsible for these undesired effects.

Jan 1, 2015

By Max W. Ball

YOU have been kind enough to ask me to speak to you on "The War and Anglo-American Relations." A speaker always takes the liberty of putting his own interpretation on the scope of his subject. I am going to exercise that privilege, and try to look back over a generation of Anglo-American relationships and forward beyond the present war. I should like particularly to consider responsibilities as well as relationships. A more accurate caption for what I am going to say would be "Anglo-American Responsibilities.?? THE WAR WILL BE WON I am assuming that sooner or later we shall win this war. History and economics point to the same conclusion, that Germany has attempted the impossible and that the seeds of defeat are already sown. As to one ecof1:omic factor, I am already on public record as believing that Germany's oil supply is inadequate for the war she has launched. That opinion is unchanged. Aside from such tangible factors, moreover, I am convinced that the spirit of freedom is unquenchable, and that no combination of powers will be able to rout it from the British Commonwealth of Nations and the United States. Stronger even than this conviction is my faith in a God who will not suffer the defeat of man's aspiration to be master of his own soul. I am sure that all of you share that faith, and that we need not argue it. We can start with the assumption that the war will end in victory. The subject we are to consider, then, is the relationship of the English-thinking peoples during the conflict, and their joint responsibilities in the difficult days that will follow it. A CANADIAN-AMERICAN No talk on such a subject is worth listening to unless the audience knows the background and fundamental beliefs of the speaker. No human statement stands alone; behind and beside and within it are the ideals and the bias of the man who makes it. Because I am a stranger to most of you, I am constrained to talk about myself before I talk about more important matters. The review may be profitable, not because of the subject, but because it may illustrate the evolution of an attitude toward England.

Jan 1, 1941

By Michael Moser, Brighty Dutta, David Dreisinger

"Molybdenum is widely used in the industries as an alloying element in the manufacture of steels and super alloys. The widespread use of the element encourages a growing need to develop extraction processes for recovery from both primary and secondary sources. The Solvay Group has developed a solvent extraction reagent named CYANEX®600 for the recovery of molybdenum from acidic solutions originating from both low grade (e.g. copper solvent extraction raffinates, smelter dusts and slags) and high grade (molybdenite) molybdenum sources. CYANEX®600 is a purified form of CYANEX®272 with the active component bis(2,4,4- trimethylpentyl)phosphinic acid. The extraction behavior of CYANEX®600 towards molybdenum in sulphuric acid medium was evaluated. The uptake of molybdenum increased with the increase in concentration of CYANEX®600. The approximate stoichiometry of the extracted complex was: Mo: CYANEX®600 = 1:2. Efficient back-extraction could be achieved with 0.1 M disodium EDTA and 0.1 M (NH4)2CO3, thus providing the option of recyclability of the extractant. The detailed back-extraction studies are currently under progress to find out the possible option for complete transfer of Mo(VI) to the aqueous phase so that high purity Mo salts could be precipitated from the molybdate solutions.INTRODUCTION Molybdenum (Mo) is one of the world’s valuable metals and is highly sought after by researchers due to its versatile mechanical, thermal, chemical properties. Swedish scientist Carl Wilhelm Scheele demonstrated molybdenite to be a mineral sulfide in 1778. Peter Hjelm successfully isolated dark metal powder from the mineral sulphide and named it as ‘Molybdenum’ in 1782 (Gupta, 1992). Molybdenum is a refractory metal of silver gray appearance and is an important alloying element used in the manufacture of steels and super alloys. Molybdenum compounds are widely used in formulation of catalysts (Gupta, 1992). Molybdenum occurs in nature only in chemical combination with other elements. Several molybdenum bearing minerals have been identified, but the only one of commercial significance is molybdenite (MoS2). As molybdenum is a strategic metal for the industrial sector, its widespread use acts as a factor for depletion of the natural resources. Hence, there is growing need to develop extraction procedures for its recovery from both primary and secondary sources. United States, China, Chile, Canada, Peru, and Mexico are listed as the main producers by the U.S. Geological Survey, 2016 (U.S. Geological Survey, Mineral Commodity Summaries, January 2016)."

Jan 1, 2017

By L. Heber Cole

In making this plea for a better and more sympathetic understanding of the non-metallic industry, I do not for one minute wish to give the impression that I in any way belittle the wonderful strides that have been made in the exploitation of our metallics. We in Canada can be justly proud of our Sudburys, Norandas, Flin Fions, and of the remarkable growth of the Consolidated in British Columbia, and at the same time, without in the !east detracting from these worthy undertakings, be equally as proud of our asbestos, gypsum, salt, and coal deposits, as well as of our building-stone and limestone industries. If, in my remarks, I have occasion to compare the metallic with the non-metallic industry, I do so, not with any idea of dimming the glory which the metallics of Canada have gained- not only in our own country, but in the world at large-but for the purpose? of bringing to your attention the fact, perhaps not very well recognized, that Canada contains deposits of non-metallics well worth y of your serious consideration. In the past 33 years, namely, since 1895, the value of non-metallics produced in Canada has exceeded the value of metallics in 19 of the years, and for the last three years has been increasing rapidly. The war years (1915-1918 inclusive) naturally saw an intensive metallic production, but since that time, with the exception of 1925, when there was a general depression throughout the whole country, the non-metallics have been in the ascendency.

Jan 1, 1929

By Robert B. Parsons

"Finance Minister Paul Martin's first budget disappointed almost everyone. The business sector was disappointed at the some what feeble attempt to grapple with the country's deficit. The mining industry was disappointed by tax proposals regarding mine reclamation that fall short of the industry's needs. Has anybody been happy with a federal budget? Federal Budget DisappointsThe federal government's budget papers that were tabled on February 22, 1994, contained a rather bizarre mixture of unrelated tax proposals. The budget signals an unexpected attack on the tax treatment of debt settlements, on certain types of corporate reorgani2ations, and on income earned by foreign affiliates. This is an old style budget, which proposes a pot pourri of technical changes and policy initiatives. Mine ReclamationEffective February 23, 1994, a taxpayer's contributions to a prescribed mine reclamation trust fund will be deductible as a current expense. The budget papers do not provide a definition of what will constitute a ""prescribed"" trust: this definition will surface in due course. However, the budget papers indicate that:• income earned in such trusts will be subject to tax each year;• all withdrawals from the trust (including income already taxed) will be included in computing the income for tax purposes of the recipient;• reclamation costs will continue to be fully deductible at the time incurred; and • contributions, trust earnings, and withdrawals will not be taken into account for the purposes of determining a taxpayer's resource allowance."

Jan 1, 1994

By T G. Callcott

Australian coking coals are either class 434<tlj534<2l, at Port Kembla, or 634<3> at Newcastle. The former yield good blast-furnace cokes; the latter yield poor ones. However, increases in conventional strength indices, by methods applicable with normal coking ovens, seem unlikely to be economically attractive. Characterization of the coals has enabled an "economic" blend to be developed in the Newcastle area, and this has affected mining, preparation and handling operations. Coking studies have led to a specification for the making of strong coke, especially from the high-volatile Newcastle coals. Continuous coking studies, developed from the efforts to make very strong coke, have taken two directions. Firstly, coking thin layers of coal on strands; secondly, coking, in various types of vessels, compacts of coals with or with-out the inclusion of non-coking coals, iron ores or other inert materials. Gas, "sand" and hot metal coking have been tested for use in compact coking. Particular attention has been paid to pellets of coal and ore. The probable industrial problems in adopting any of the ideas are presently being examined.

Jan 1, 1963

By A. W. White

Introduction To discuss all the technical details of incorporation laws, security laws, underwriting procedures, codes, and ethics-as laid down by varous associations -would be impossible in the time which has been allotted to me. My remarks, therefore, will be made in a very general way and will naturally be coloured with experiences which my firm and I have had. There is a common expression that "money makes the mare go". I hardly have to mention here that the best prospect in the country is of very little value unless its prospects can be developed-and this requires large capital expenditures. The art and problems surrounding the raising of this money is a long and interesting story. Since by its very nature mining is risky, the appraising of its risks in the many phases of its development programme is continuous. Very few men-if any-and very few corporations -if any -can afford to take all the risk of mining. Because of taxation policies-and the very scheme of present-day living -the truth of this statement can be seen throughout the whole industry by a close examination of the records. Since this is so, it is essential that the mechanics of distributing risk on a sound, and equitable basis be known to those engaged in the business and to the investor or spectator who proposes to risk his funds in the industry. Perhaps the greatest stimulant to modern business activities has been the creation of corporate bodies. It is evident, from the number of charters being granted by various jurisdictions, that this method of doing business is becoming more and more important. A limited company -or corporation-can be defined as a fictitious person existing solely in contemplation of the law.

Jan 1, 1951