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By B. M. Davis

The Colosseum Mine is within the Clark Mountain mining district located approximately 72 km (42 miles) southwest of Las Vegas. Nevada in San Bernardino County, California. Gold mineralization at the Colosseum Mine is hosted in two 150 m by 210 m (500 ft X 700 ft) interconnected. rhyolitic intrusive breccia pipes that intruded Precambrian crystalline basement rocks and over-lying Paleozoic marine sedimentary rocks. Sub-sequent erosion (de-roofing) of all of the Paleozoic section and a portion of the Precambrian section has exposed the pipes to the present level (probably a significant depth in the original breccia pipe system).

Jan 1, 1989

By Malcolm D. Flavel

Recent research into the mechanisms of crushing processes has led to the establishment of new criteria for the effective design and operation of comminution plants. This paper reviews this work and gives examples of the productivity gains and cost benefits that have been achieved in the practical application of these findings.

Jan 1, 1988

By Chris Roos

The mining industry has made strides in planning for operations to be safe for the workforce and public, to protect the natural environment, and to maximize value for shareholders. However, many of the techniques used to accomplish these goals are based on estimated models of mineral content, production efficiency, and economic performance. The industry has begun to recognize the need for understanding the uncertainty in these models, how it affects their decisions, and what the potential impacts are for each project. The challenge has become how technical professionals can effectively communicate the impact of this uncertainty and its importance to both technical and non-technical audiences. This paper presents mining engineers (and other technical professionals) with traditional and modern principles of data visualization and technical communication that can assist with communicating the effects of uncertainty in the mine planning process.

Jun 25, 2023

By Kadri Dagdelen, Lee J. Zamalloa

Truck-shovel dispatch systems based on linear or nonlinear programming algorithms have been in operation since the mid-1980s, with different levels of success depending on the correct arrangement of operational resources and the complexity of the mine. These systems are known for shortcomings related to the logic behind the decision-making of the operational objectives. This makes it necessary to have a human agent (dispatcher) to guide the system when the operational parameters change, creating the possibility of suboptimal decisions due to the human factor. To address this issue, the present work discusses the implementation of a methodology based on artificial intelligence (AI) techniques to assist in the decision-making of the best optimization goals arrangement when operating a fleet management system. The focus of the analysis is on the evaluation of variable goal weights in a nonpreemptive, multigoal optimization model for multiple uncertain scenarios based on regions of optimal feasibility.

Apr 1, 2025

By B. M. Kunar, C. S. N. Murthy, B. Rao K

Rock particle size has a very important significance in the mining industry, starting from blasting till the mineral processing. The present study was carried out to understand the particle size distribution in various sieves after conducting the ball milling process. The time of the grinding process was varied at different intervals. It was observed that 80% of the particles of both granite and marble rock samples passed through the 4800 μm sieve when subjected to grinding time of 40 minutes. Also, it was observed the number of particles that were retained in the smallest sieve of <75 μm was higher in the case of granite sample when compared to a marble sample. INTRODUCTION India is a major exporter of granite and marble stones. The major use of marbles and granites are constructing walls and floors. There are several machining processes that are applied before it is used as floors and walls. During this process, wastes are produced these wastes are used in various ways. These include use of powders for clay products (Segadães, Carvalho, & Acchar, 2005), as an additive in cement production (Aruntaş, Gürü, Dayi, & Tekin, 2010), to enhance the properties of brick ceramics (Saboya, Xavier, & Alexandre, 2007), in constructing bricks (Bilgin et al., 2012) and as an additive in concretes (Aliabdo, Abd Elmoaty, & Auda, 2014). Usually, the powder form of marble and granites are used as an additive in the above-mentioned applications. Powders of marble and granite are obtained through the grinding process. One such process of grinding is the ball milling process. In the ball milling process, a quantity of samples along with the charge quantity consisting of steel ball is subjected to a grinding process within a closed chamber as shown in Fig. 1. An even particle size can be obtained through sieving the material after subjecting it to grinding. The present study is planned to understand the particle size distribution in various sieves due to varying time and charge quantity in the experiment. Only time was varied to understand the amount of particle distribution in the case of granite and marble rock samples and a comparison is drawn. A statistical model was developed for marble rock specimen considering the data obtained by varying time and charge quantity in the ball mill experiment.

Jan 1, 2019

By R. M. Balderrama

Bench-scale laboratory flotation and gravity separation tests were conducted on tailings samples to remove the sulfidic material, mainly pyrite, the source of acid generation. A combination of xanthate collectors, promoters, and frothers were used during flotation. Pyrite recoveries were in the range of 42 to 97%, depending on the tailings being treated. Sulfide sulfur contents of 12.8 to 0.37% in the feeds were reduced to 8.68 to 0.01% in the treated tails. Flotation tests were conducted to evaluate the ARD potential as a function of percent pyrite remaining in the tails. Standard ARD predictive tests were used to evaluate the success of the treatment. In some cases, removal of only 50 to 55% of the pyritic fraction was required, thereby demonstrating the conversion of the waste material from acidic to non-acidic. A laboratory vanning table was used to evaluate the amenability of sulfide-bearing tailings samples to gravity separation. The pyrite recoveries varied from 38 to 86%. The sulfide sulfur content of 12.8 to 0.37% in the feeds was reduced to 6.0 to 0.14% in the treated tails. Predictive ARD tests performed on tailings before and after the gravity removal of pyrite showed that most samples changed from "probably" acid producing to the "uncertain" range. Data reported and analyzed in this paper demonstrate source control for ARD prevention through the removal of metal sulfides from sulfide-bearing wastes using conventional flotation and gravity separation techniques.

Jan 1, 1995

By David A. Gulley, William A. Vogely

INTRODUCTION The Scope of the Chapter This chapter discusses environmental regulation and closely-related public policies associated with mineral development in the United States. This chapter outlines the nature, extent, and amelioration of secondary effects of mineral development. It sketches the policy foundations of regulation; discusses the implementation of environmental law; describes land use conflicts and land management regimes; and surveys the costs and benefits of environmental regulation. Since regulations are subject to frequent change, the chapter emphasizes basic factual and conceptual material, rather than specific regulations. The goal is to familiarize the reader with the general nature of environmental impacts and mitigation which arise in the minerals industry, and with the issues surrounding the regulation debate. The chapter is organized as a series of sub- chapters. The first of these is a discussion of the conceptual foundations of regulatory policy. The second section summarizes the principal federal environmental statutes, and the implementation of such regulation. Following that, the third section summarizes the current state of knowledge regarding the types of environmental impacts associated with mineral development. This discussion, organized in a format similar to that used in environmental impact statements, can be thought of as a guide to reading and understanding such statements. Next, the fourth section surveys studies of the costs and benefits of environmental regulation. &apos;These empirical studies are evaluated in terms of the framework developed in the first section of the chapter. In the fifth section, the discussion turns to federal, state, and local approaches to land use control and siting, and the economic analysis of such conflicts. Included are discussions of the two principal forms of public lands mineral entry, the 1872 location patent system and the 1920 leasing approach. CONCEPTUAL FOUNDATIONS OF REGULATORY POLICY David A. Gulley The Role of Regulation in a Market Economy What is Regulation?: Regulation is the intervention of government in the activities of the private market. In a market society, the private sector is presumed to be the most appropriate economic agent. Given this presumption, regulation generally begins with a demonstration of persistent problems under laissez-faire in a given context. Environmental and related regulation occurs because the public believes the free market does not properly value environ- mental quality. In this section, concepts are advanced to aid the reader in understanding the government&apos;s role in this respect.

Jan 1, 1985

By Barry Silverman

As a significant mineral supplier, consumer of primary fuels, and producer of wastes and emissions to air, water, and land, the domestic copper industry through its investment and operating decisions influences the nation&apos;s economy and the environment. In turn, the copper industries&apos; decisions are influenced by various factors: government energy and environmental policies, economic conditions, and technological considerations. The authors have developed a framework for assessing in an integrated manner the impact of these factors on the future investment and operating decisions made by copper firms. Specifically, this model is designed to capture the technology forcing nature of regulatory constraints, the differential situation of individual copper deposits and plant locations, and the price of factor inputs and conditions in the nation&apos;s economy. The capability to do this has only become real because of the decision of the U.S. Bureau of Mines to create Mineral Availability system1 or MAS. This system contains detailed but confidential information about each mine and mill in each of 35 mineral industries." Without MAS or a similar information system, the utilization of the methodology we offer would be impractical, but with. MAS it offers a unique technique of dealing with environmental-resources policy questions.

Jan 1, 1979

By Robert Cook, Valeria Zarate, Jason Hallowell

The long hole open stoping (LHOS) method is widely used in underground mining. While methods to predict stable stope geometries are well established, the ability to maintain a stable back often assumes effective ground support across the full stope span. The efficacy of the support strategy is dependent on rock jointing, quality, density, top cut width and height, and the type, amount, and orientations of bolts installed. However, it is becoming increasingly common for operators to assume narrow top cuts in service of wider stope spans with minimal bolting coverage. Failure to account for the required top cut drift size and support requirements can ultimately lead to raveling type instabilities along stope shoulders that result in back collapse. A new method has been developed to evaluate the minimum top cut dimension necessary to accommodate wider stope spans with various rock bolting configurations. Due to the economic impacts of top cut development and support, this is a critical consideration in the accurate costing and scheduling of a LHOS operation. Tables 1 lists the acronyms are used throughout this paper.

Feb 1, 2025

By Edwin A. Harre, John J. Mortvedt

Plants obtain nutrients from both air and soil. They absorb carbon dioxide mainly from the air, although some carbon dioxide may be dissolved in soil water which is absorbed by plant roots. Carbon dioxide, a gaseous form of carbon and oxygen, supplies the carbon which usually makes up 50% or more of plant structure. Growing plants use water more than any other biological substance. Plant nutrients dissolve in soil water and enter the plant via root absorption. Water is then given off into the air as the plant breathes or transpires. Water also supplies hydrogen and oxygen to plants. Plant roots absorb nutrient cations or anions by contact exchange with soil clay particles. Inorganic or mineral nutrients essential to plants are supplied through the soil. Inorganic or mineral composition of plants usually is less than 5% of their weight. In most crop-growing areas, much of this nutrition is inadequately supplied from soil reserves and must be provided by fertilizers. The role of the fertilizer industry is to provide economical, efficient, good quality fertilizers to improve or maintain soil productivity for optimum crop production. The essential plant nutrients other than carbon, hydrogen, and oxygen which often must be added to soils or plants are categorized as primary nutrients (nitrogen, phosphorus, and potassium), secondary nutrients (calcium, magnesium, and sulfur), and micronutrients (boron, chlorine, copper iron, manganese, molybdenum, and zinc). These classifications are based on quantity of nutrients utilized by plants and do not imply their function or degree of necessity. One point of major significance to the fertilizer industry is that not all fertilizer minerals contain the plant nutrients in a chemical form available to the plant. A product which may be considered a fertilizer mineral may require substantial processing or treatment before it becomes useful as a nutrient source or fertilizer.

Jan 1, 1994

By Johann Engelbrecht, Stéfan de Bruyn, Petrus van den Heever

A system for the on-stream X-ray diffractometric determination of mineral phases in slurries was developed in response to the mining industry&apos;s need for process control during the beneficiation of industrial minerals. The instrumentation for and results from testwork conducted at a phosphate rock beneficiation plant in Florida are discussed. Results show that the concentrations of the minerals apatite (var. francolite) and quartz can be accurately determined every few minutes, so that adjustments to the flotation circuit can be timeously executed from the control room. The on-stream measurements can ultimately be integrated into an automated plant control strategy. Estimates of savings on reagent and staffing costs, as well as the benefits from consistent grades and greater recoveries, have shown that the investment in such a system could often be recovered in less than a year.

Jan 1, 1999

By Yu. A. Polozov, V. A. Lagunov, O. Yu. Lushinkova, Yu. I. Svirskiy, Eh. Ya. Kipko, Roy A. Williams

1.1 GENERALIZED METHODS OF SUPPRESSING THE INFLOW OF GROUND WATER DURING THE CONSTRUCTION OF SHAFTS, DRIFTS AND TUNNELS Various methods are used to prevent or minimize the inflow of ground water into underground workings during their excavation. The two most common methods include freezing the saturated rock and grouting using cement, sodium silicate, polyurethane and/or other chemicals. Each of these technologies for combatting the inflow of ground water is effective only under specific hydrogeological conditions. For example, although the freezing of saturated ground is among the more universally adopted methods, it is designed to provide only temporary protection during construction. Before the saturated rock thaws it is necessary to emplace a waterproof liner which is labor intensive, time consuming, and expensive. Consequently, freezing is used only in exceptionally complex hydrogeological conditions, namely in those cases where the water-bearing strata consist of unstable rock or the ground water has an anomalous hydrochemistry. The classical grouting of saturated rock, carried out from the surface or from the face of the underground workings for the purpose of limiting the inflow of ground water during excavation, utilizes both cement and a variety of chemical grouts. Cement grouting has been regarded as the main method of combatting the inflow of ground water in fractured rock throughout the world. In such countries as the Federal Republic of Germany (FRG), Canada, the Republic of South Africa and Great Britain, cement grouting is the main method of reducing the inflow of ground water during the excavation of mine openings. In Great Britain and the FRG, cement grouting has been used in 80% of all shaft excavations. In the Republic of South Africa cement grouting has been used in almost 100% of all the shafts that have been constructed. The installation of grout curtains into permeable water- bearing strata significantly reduces their permeability and increases the rock strength. Grouting has the greatest effect in fractured sandstones, certain well indurated shales, fractured granites, fractured quartzites, and karstic limestones or dolomites. The following principal factors must be considered when assessing the expediency of grouting rock with cement: the geometry of the network of fracture openings, the saturated hydraulic conductivity of the fractured rock, the hydraulic head acting on the water in the rock, and the chemical composition of the ground water. On the basis of the geometry of the fractures and the thickness of each hydrostratigraphic unit, the characteristics of the cement grout are selected. As a rule, the cementing of large fractured zones with high ground water velocities is carried out using inert fillers (sand, mill slag, loam, loess, crushed limestone), special types of cement, setting accelerators, and high cement concentrations in water. Calcium chloride, soda ash, sodium silicate, sodium nitrate, amino alcohols, tin bichloride, trisulphate nitrate, and lumnite are used extensively as the setting accelerators for cement grouts. In the FRG and Poland, special cement injection compounds that embody a mixture of cement and active cement metal salts, water additives and binding substances are being used for the cementing of saturated zones with rapid ground water velocities. These reagents accelerate the rate of structure-forming reactions. In spite of the wide variety of additives used for cement grouts, the effectiveness of the method in large fractures below the water table is either poor or it leads to a very large consumption of cement due to the erosion of the grout through the cracks before it hardens. At the present time, a large number of cement types and brands are being produced by various countries. These variations permit cementing to be employed in a variety of geological conditions. However, both pure cement grout and grouts with fillers constitute unstable systems with a high water loss rate. Therefore during the grouting of finely fractured rock the cement grout&apos;s premature loss of a large amount of free water causes its consistency to increase, whereupon the grout solidifies. Consequently, it inadequately penetrates into the fine fractures of the stratum. In addition the high water loss rate in the cement grout causes unreacted cement particles to remain, which greatly reduces the grout hardness and the resulting rock strength characteristics are weakened. As a result, the binding properties of the cement are utilized perhaps up to 60%. The remaining portion is left in the grout as a filler. All these conditions significantly decrease the efficiency of the isolation effort both with respect to strength and cost. In order to expand the cement grouting method, re- search is being conducted to improve the quality of cement grout, to increase its range of application with respect to permeability control, to reduce its water loss rate and to increase its capacity to withstand the erosive and corrosive effects of poor quality ground water. For example, mixtures of bentonitic clay, carboxymethyl cellulose, aerated sodium sulfide, sulphated alcohol distillery waste, nitrolignin, gip-

Jan 1, 1993

By G. Ferrara, P. Bozzato, B. Chinè

To obtain a reliable comparison between conical and cylindrical separatory vessels used in dynamic dense-medium separation systems, the following two studies were made: a study of the swirling flow in conical and cylindrical vessels using laser-Doppler velocimetry (LDV) and a study of the behavior of suspensions of magnetite and ferrosilicon in water in both separators. It was found that the tangential velocity profiles differ in conical and cylindrical vessels. In a conical cyclone, free vortex conditions affect the largest part of the vessel, while in a cylindrical vessel, the motion approaches that of a forced vortex, i.e., that of a centrifuge. It was also found that the conical vessel manifests higher centrifigal acceleration and very strong densifying (the density differential) and, hence, the density gradient inside the vessel is large. It was found that the cylindrical vessel manifests lower centrifugal acceleration and low densifying, i.e., low-density differentials, and hence, the density gradient inside the vessel is small. Also, due to greater densifying, the density cut-point in cyclones is higher than the operating medium density, while, in cylindrical vessels, the density cut- point is closer to the medium density. The results provide an interesting description of the differing behaviors of conical and cylindrical vessels, and they help explain the differences in pegormance between the two types of separators.

Jan 1, 2000

By Ivano Andreis, Georgios Kalamaras, Mario Liti, Sebastiano Pelizza, Filippo Avesani

"THE SS640 AGRIGENTO-CALTANISSETTA PROJECT The Caltanissetta tunnel is part of the works for the construction of the second 28km-long maxi section of the SS 640 motorway of Porto Empedocle, from km 44 to the junction of Imera in Sicilian hinterland. Amongst other major infrastructure works, the €740 million ANAS (Italian national roads and highway administration agency) project consists of four twin tube tunnels three of which are being excavated by conventional means. The longest tunnel, underpasses the Caltanissetta city and has a length of 3.9km under a maximum overburden of 120m. The JV consisting of CMC of Ravenna and TECNIS SpA won the design & built tender in 2010. Construction started in early spring 2012 following the approval of detailed design and later on the approval of design for construction. THE CALTANISSETTA TUNNEL The Design Phase Tender design and detailed design foresaw the construction of 13.4m excavation diameter tunnels that were to be enlarged in a second phase to create, every 600m, 50m-long tunnel sections for emergency parking. During the design for construction project phase the JV proposed to replace the 13.4m tunnel with a 15.08 excavation diameter that incorporated apart from the two 3.75m wide lanes a 3.25m wide continuous emergency lane. This significant tunnel section modification was associated with better road safety conditions, simpler and safer construction procedures, better statics for the tunnel section while in terms of overall cost the solutions were equivalent.Geologic context The tunnel is located in the middle of the geologically known Caltanissetta basin that is intersected by various tectonic structures. The geologic context for the tunnel scale, was defined in collaboration with the University of Catania in early project phases. For almost its entire length the tunnel is excavated in the Terravecchia formation that represents the lower part of the stratigraphic sequence that was formed in the Tortoniano period of Miocene. The quite complex geological model is also characterized by the presence of the so-called Trubi formation that consists of clay and marl clay. Almost 90% of the tunnel traverses formations that are quite similar in terms of excavation behavior. Exception to this are thrust zones and a calcareous stretch of the alignment. This last segment has a length of 200m and was identified since the very beginning as a tunneling challenge due to the combination of very poor geotechnical properties and an important water load."

Jan 1, 2016

By D. Marino

Over the last 20 years, the manufacturing sector of our country has been called upon to comply with ever core stringent environmental standards. The primary metals sector was particularly hard hit early on, to develop the technology, acquire the equipment, and implement the programs to eliminate or reduce the by-products of metal making. To this end, through a combination of technological innovation and extensive capital expenditures, the metals industry has met, and in many cases, exceeded the minimum standards. It is to this escalating cost - liability exposure issue - that Dereco has addressed itself. As we move into the decade of the 90&apos;s, the challenge facing the metals industry concerning the environment will be even more difficult than the previous decade. To focus in on one major aspect of legislated environmental regulations, the issue we will address today is; now that the by-products of metal production have been identified, accounted for and collected, how are they to be disposed of? During the course of this presentation, actual data will be presented from our 4 1/4 year on-site experience at J & L Specialty Products

Jan 1, 1992

By D. Leppert

Clinoptilolite zeolite may offer attractive, cost-effective alternatives for remedial cleanup of old minesites, smelters and other sites with heavy metal contamination. Previous research demonstrates the relatively strong affinity of clinoptilolite for numerous metals and clinoptilolite displays a particularly strong affinity for lead (Loizidou and Townsend, 1987), one of the most toxic and problematic heavy metals. Since clinoptilolite can also selectively absorb some radionuclides and organic compounds, it may offer practical solutions to a wide variety of environmental problems.

Jan 1, 1989

By J. A. Cervantes

A statistical model for assessing the risk of ground subsidence in abandoned mine areas is presented. The model is based on the relationship that exists between .the frequency and the location-of subsidence events in a given area and the physical conditions of the ground. These conditions can be described by a series of geological, mining, and physical variables. The model suggests the existence of regions in the multidimensional space of variables which are associated .with increases or decreases in the frequency of subsidence events. Regions associated with an increase in the frequency of subsidence events correspond to regions of higher risks, and vice versa. Risk assessment is based on the ability to express the limits of these high and low risk regions in the, space of variables, and on the ability to express the degree of membership of blocks of land within any of these regions. The theoretical framework for the model is extracted, from discriminant analysis. Risk is quantified by the probabilities of membership of blocks of land into any of these regions. Risk maps are produced by displaying membership probabilities in. appropriate contouring levels. The model has been applied in two urban areas where subsidence of the ground has been active in the past. The two areas are Penn Hills, near Pittsburgh, and Scranton/Wilkes-Barre in northeastern Pennsylvania. In this paper, only the results for the Scranton/Wilkes-Barre area are presented. Those for the Penn Hills area have been presented elsewhere (Cervantes, et al, 1990). In the- Scranton/Wilkes-Barre area, geostatistical estimates of variables likely to affect the stability of the ground were made using samples from 53 drillholes. The estimates were made for 2000x2000 ft squared blocks of land covering the study area. Discriminant functions were computed from the estimated variables and used to establish regions for classifying blocks of land into one of these two populations: 1) blocks not likely to have a subsidence event, and ii) blocks likely to have one or more subsidence events. The same, discriminant functions were used to compute membership probabilities for blocks of land to tall within any of these two populations. These probabilities were contoured to produce a risk map. The risk map produced compares well with the location of the subsidence events which have occurred to date in the area.

Jan 1, 1992

By S. G. Malghan, D. Santhiya, S. Subramanian, K. A. Natarajan

The adsorption of poly(vinyl alcohol) (PVA) of molecular weight 25,000 onto alumina was studied as a function of pH. The adsorption isotherms were also determined. The adsorption density increases with increasing pH, while the isotherms are rounded and of the low affinity type. Electrokinetic studies indicate that the electrophoretic mobilities are reduced in magnitude in proportion to the PVA concentration, without any shift in isoelectric-point (iep). This resembles the influence of an indifferent electrolyte. The calculated values of the free energy of adsorption between alumina and PVA are suggestive of hydrogen bonding. FTIR spectro-scopic data provide additional evidence in support of hydrogen bonding.

Jan 1, 2000

By Wojciech Klecan, John H. Raymer

Baseline quantities of difficult ground and support types were estimated for the Chattahoochee Tunnel using the Rock Mass Rating system. RMR classifies the ground into five categories, ranging from “very good” to “very poor,” based on five main parameters: intact rock strength, RQD, joint spacing, joint condition, and groundwater inflow. For the Chattahoochee Tunnel, these parameters were independently measured in the cores and shown graphically on the boring logs. A 55 matrix was calculated to obtain the statistical distribution of RMR for the project. Three baseline ground types were defined based on the RMR. Geologic mapping inside the tunnel during construction has verified the accuracy of this method.

Jan 1, 2003

By Michael Roach

"There’s a bit of confusion and misinformation in the tunneling and underground construction industry regarding contractor joint ventures. If it was all so clear I would not have been "asked" to write this article. For those of us on the contractors’ side of the fence, joint venture business relationships have been a part of life for a long time. But even for contractors, there can be a bit of confusion, and it normally begins on bid day.How often have you received bid results and wondered (out loud, usually), "Who the hell are the Lake Mead Intake Constructors"? or the "Regional Connector Constructors"? Once you get past the name, you see that there is nothing behind Oz’s curtain other than a couple of contractors bidding and building work in an attempt to make a profit. So take a few minutes to read the rest of this, and I’ll do my best to dispel a few mythWhat is a joint venture?In some form or fashion, joint ventures are as old as industry itself. In the United States, some of the earliest (and largest) joint ventures involved the railroads and oil companies in the late 1800s. In the United States’ underground construction industry, joint venture names such as, Healy-Greenfield, Green and Winston, Gates & Fox and Walsh, Shea-Ball, Kenny-Paschen and S&M-Traylor bring back memories of successful joint ventures that operated over many projects.There are nearly as many definitions for joint ventures (JVs) as there are attorneys. A short and simple definition is, "an association of two or more companies engaged in a singular, for-profit business enterprise without actual partnership or incorporation." That’s it. Two or more contractors decide to partner up for one or more projects. One benefit of the JV relationship is that the partners typically do not need to file incorporation documents, or articles of organization within the state where they intend to operate. So it is a relatively easy business arrangement to pull together. Other benefits of the JV arrangement include: • Oportunities to gain new expertise and capacity.• The ability for firms to move into new geographic markets.• JV agreements are not long-term commitments.• Sharing of financial support for a project.• Sharing of financial risks within a project. between the partners.• Can complicate dispute resolutions with the owner and between partners"

Jan 1, 2014