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By R. L. Grayson

As the total cost of labor has significantly increased over the past ten years, older underground mines have found it more difficult to compete- in a limited demand coal market. Many of the older mines were developed extensively into a reserve requiring a large number of workers to maintain and rehabilitate extensive track haulages and/or belt conveyor systems. Often, a large number of fans were required to maintain minimal airflows in areas where poor conditions and huge leakages prevail. This paper focuses upon problems which beset one such coal mine and projects undertaken to restore it to potential profitability.

Jan 1, 1986

By Z. Scopa, E. Tarshizi, R. Setterlind, L. Frost, R. Livernois

"THE MINES OF THE FUTURE The mines of the future present a host of challenges, which may appear exciting or daunting depending on one’s perspective. Whether some sectors of the public recognize it or not, the demand for raw resources is not going away any time soon. In fact, it is rising as global population grows, urbanizes and attempts to steadily increase quality of life. Yes, at the same time that much of the highly developed world is calling for greener goods, reduced consumption, and cleaner production, in other areas there are cries for clean water and sanitation, consistent energy supply, access to health care and education, personal security, and support for basic human rights. The balancing act for sustainable development of our global society is indeed precarious, and the mining community is necessarily a key player. Fortunately, many industry members have accepted this role and the responsibility to provide leadership and a solid foundation for progress. Looking ahead, we need new generations of leaders, many of whom will be mine engineers, which are ready to tackle all sorts of complex problems. There are tremendous needs just for technological innovations. Increasingly tough deposits will require that we continue to expand scale toward “super” pits and “deep” underground mining fully develop unconventional recovery techniques like in-situ leaching and gasification or deep-sea extraction, and seriously consider off-earth endeavors. Such work will take entirely autonomous equipment; novel separations, processing and recycling methods; and systems that can withstand extreme physical conditions – just to name a few. It will also take a level of systems integration never-before seen in our field, complete with big data issues, sophisticated analytics and modeling efforts, and cyber-security challenges. Moreover, increasingly complex environmental problems will require creative solutions. Addressing issues like pollution control across multiple media, emerging contaminants, optimal management of wastes, selective mining, and shared use of resources between mine operations and surrounding communities and ecosystems are among top priorities. Really, a complete paradigm shift must occur, such that our focus is on overall improvement of environmental conditions, rather than minimization of impacts. A similar shift will be required in the social realm. How can we make miners safer and healthier on-site and off? How can we contribute to communities such that they are better off, now and long-term, for having a mine next door? How can we help transform artisanal mining practices to also contribute to sustainable development? How can our work be a factor in increasing economic and political stability? How can we improve the public understanding of raw resources and the need for mining enterprises?"

Jan 1, 2017

Fine coal is substantially more costly to process than coarse coal because of technical difficulties associated with separating fine particles and removing process water from both clean coal and refuse. Therefore, companies are often forced to discard coal fines to waste impoundments. According to a recent report published by National Research Council, the U.S. coal industry is discarding 70-90 million tons of coal fines annually to 713 active impoundments, most of which are located in Central Appalachia. On October 11, 2000, a 72-acre impoundment near Inez, Kentucky, accidentally released 250 million gallons of coal slurry into nearby underground mines, creeks, rivers, and schoolyards, thereby creating serious environ-mental concerns. Fortunately, recent advances in separation technologies make it possible to recover fine coal more efficiently from existing coal preparation plants and from waste streams previously discarded to impoundments. The availability of these new technologies allows companies to increase profitability and minimize environmental risks, which are conducive for achieving sustainable mining.

Jan 1, 2003

By Robert W. Buechley, Charles R. Key, Jonathan M. Samet, Marion V. Morgan, Arnolfo A. Valdivia

INTRODUCTION The Uranium Epidemiology Study at the University of New Mexico was initiated in 1977 with the objective of assessing health effects of uranium mining in the Grants, New Mexico, area. The planned approach was a cohort study of mortality that would capitalize on the availability of health records at the Grants Clinic. During the first year, emphasis was placed on determining the feasibility of the proposed study: Were adequate records available? What was the quality of available information? Could a cohort be established? The first year's work confirmed the study's feasibility (Buechley, 1979). Subsequent efforts have focused on the health and exposure data base and comprehensive follow-up. A retrospective cohort study of early miners is in progress; a prospective cohort study of miners who began working under the current Federal standard is planned. This report will summarize the current status of the Uranium Epidemiology Study. A chronology of the study's activities follows (Table 1). TABLE 1. Uranium Epidemiology Study Timetable 12/77 Official start of study. 12/77-8/78 Abstracted Grants Clinic records of 21,780 persons examined for mining companies from 7/57 through 12/76. Checked company personnel records to establish who had worked underground 1 year or more through 12/76. 7/78- Obtained physical exam and mining history information on qualified miners from Grants Clinic and companies. 9/78- Obtained working level month information from companies and other sources. 12/78- Checked qualified miners list with New Mexico death tapes and New Mexico Tumor Registry files. 9/80- Submitted qualified miners list to Social Security Administration for search of its records. 12/80- Obtained copies or abstracts of early State Health Department and Mine Inspector's reports. 3/81-4/81 Conducted Pilot Respiratory Disease Survey. 3/81- Verified underground status of qualified miners via company personnel records. 3/81- Verified smoking and mining histories of qualified miners via Grants Clinic records. 3/81- Began establishing cohort with first underground experience after 1970. 4/81- Checked qualified miners list with Post Office, Voter Registration Office, Motor Vehicle Division, telephone directories, city directories, and other sources. BACKGROUND Uranium Mining in New Mexico The Grants, New Mexico, uranium belt measures some 110 by 25 miles in Cibola, McKinley, and Sandoval counties (Kelley, 1963). The three chief mining districts are, from east to west, Laguna, Grants, and Gallup. Average annual production was about 5,500 tons, or 45% of United States uranium, from 1966 through 1978. Despite a drop in this figure in 1979, to 40%, New Mexico still leads the nation in uranium reserves and production (Hatchell, 1981). In 1918 carnotite, a yellow uranium vanadate, was identified in the Shiprock area (Chenoweth and Learned, 1980; N.M. Energy and Minerals Department, 1981). It received little attention at the time because of its apparently limited volume. In 1950 an important uranium outcropping was discovered by chance in limestone at Haystack Butte, northwest of Grants. In 1951 deposits were discovered in sandstone at Poison Canyon, north of Grants, and at Jackpile, northeast of Laguna. In 1955 finding of radioactive cuttings at an abandoned oil test site near Ambrosia Lake led to drilling and discovery of the first underground deposits (Melancon, 1963). Ore bodies were also found near Church Rock in the 1950's (Rautman, 1977). A uranium rush followed. At various times during 1952-1962, 60 mines and 5 mills were in operation (Gay, 1963). In the early 1960's the price of uranium fell, and many miners left the area. Subsequent market fluctuations have produced shutdowns and consolidations, development and expansion. Many early uranium miners came to New Mexico with

Jan 1, 1981

By Biao Qiu

Longwall and/or room-and-pillar mining operations in multiple coal seams could not only induce subsurface and surface subsidence but also cause interactions between these mined coal seams. The interaction might destabilize mine structures and subsequently induce additional strata movements. Mechanical models to utilize the predicted subsurface deformations to assess the interactions and the consequences have been developed. The models are incorporated into a computer program, CISPM-MS, for predicting the final surface movements and deformations as well as the mining interactions associated with multi-seam coal mining operations. It predicts final surface movements and deformations caused by the individual mining operations and by the interactive effects. The program can also be used to assess mine structural stability in multi-seam mining operations. The paper presents the developed interaction models and their application in surface subsidence prediction caused by multi-seam mining operations. A case study involving mining in two coal seams, using longwall and room-and-pillar mining methods, respectively, will be used to validate the program.

Jan 1, 2013

This chapter contains the edited transcript of the "Gold Heap Leach Information Exchange" session that was held at the 1990 SME/AIME Annual Meeting in Salt Lake City, Utah. The exchange occurred on the afternoon of February 27, 1990. The session was intended to act as a forum for discussing some of the more prominent operating problems associated with heap leaching precious metals. The information exchange was very successful. The exchange consisted of several panelists introducing and discussing different topics, follow by a comment and question period. This transcript contains the panelists' presentations as well as comments and questions from the floor and the panel. Extraneous comments and remarks have been edited out. Some wording has been changed for clarity, but the transcript is basically an accurate account of what was said. At the end of the transcript are two papers submitted as part of the panel discussion

Jan 1, 1990

By G. Argyris

A number of important studies, ongoing environment monitoring efforts and mining and road construction projects in the lignite based electrical power production area of Amyntaio ? Ptolemais in North West Greece require an accurate and up to date model of the topography. In recognition of the importance of such a model, a project was initiated by the Laboratory of Mining Information Technology and GIS Applications in the Department of Geotechnology and Environmental Engineering of the Technological Educational Institute of Western Macedonia. A massive surface triangulation model was generated from vector data using an optimized Delaunay based method. Combined with aerial and satellite imagery, the triangulation model provides a complete 3D terrain model of the area characterized by high levels of accuracy, detail and realism. The generated model is easy to modify with new data in order to improve its detail and keep it up to date with ongoing earth moving and development operations in the area.

Jan 1, 2008

By J. Noll, J. A. Organiscak, A. B. Cecala

"In recent years, significant strides have been made to optimize the design of filtration and pressurization systems used on enclosed cabs of mobile mining equipment to reduce respirable dust and other contaminants and provide the best air quality to the equipment operators. This synergetic effort has involved original equipment manufacturers building mining equipment, manufacturers of heating, ventilation, and air conditioning systems for mobile equipment, filtration and pressurization system manufacturing companies, as well as the National Institute for Occupational Safety and Health, and other government organizations. Considering all the advances made in this area over the last decade, one aspect that NIOSH still needs to assess is the longevity of optimal cab performance with respect to the quality (filtering efficiency) of the filters used in filtration and pressurization systems. In today’s culture, most health and safety professionals automatically believe that HEPA quality filters need to be used to provide the greatest level of protection to workers. Researchers at the Office of Mine Safety and Health Research for NIOSH hypothesized that HEPA quality filters may not be optimal for the mining industry and speculated that MERV 16 rated filters would be more appropriate in most cases. In order to test this hypothesis, NIOSH performed a two-year study comparing both HEPA and MERV 16 quality filters on two pieces of underground limestone mining equipment, being a roof-bolter and face drill machine. Testing showed at the 95 pct. confidence level that there was no statistical difference between the two efficiency filters on both pieces of mining equipment. Since the MERV 16 rated filters were less restrictive and provided greater cab pressure, and since they did not have to be replaced as often as the HEPA quality filters, researchers concluded the MERV 16 filters were the optimal choice for both pieces of mining equipment in this case study comparative analysis. INTRODUCTION When most health and safety professionals today think about filtration efficiencies and their correlation with protecting workers’ health, the normal assumption is the higher the efficiency of a filter, the greater the protection afforded to the workers. The next logical step is to believe that HEPA filters deliver the greatest protection for workers because they provide the highest filtering efficiency. Obviously high-efficiency intake filters are a necessity for an effective cab filtration and pressurization system on mobile mining equipment, but what is the optimal filter efficiency rating for achieving high levels of cab protection factor performance over the service life of filters? To address this question, the National Institute for Occupational Safety and Health (NIOSH) has performed an in-depth laboratory research study over the years simultaneously with numerous field studies to retrofit used enclosed cabs on mobile mining equipment with newer and more effective filtration and pressurization systems."

Jan 1, 2016

By W. F. Cannon

Many high-grade manganese deposits of the world occur in marine transgressive sedimentary sequences deposited on stable platforms. These include the Nikopol and related deposits in the Soviet Union and Groote Eylandt, Australia, among others. We suggest that the Atlantic and Gulf Coastal Plains and the vast area of Cretaceous rocks in the middle of North America are favorable provinces for sedimentary manganese deposits because regionally transgressive units are widespread. North America has 16% of the world's land area but only about 0.2% of known high-grade manganese reserves. This disparity is difficult to reconcile in view of the fact that large areas of North America are underlain by rocks that we consider at least broadly favorable to contain manganese ores, and we suggest, therefore, that important high-grade deposits remain to be found in North America.

Jan 1, 1982

By Roy A. Grancher

Construction materials indeed face a dilemma...as does the building industry as a whole. A stop & go economy; a severe drop; in housing starts; lingering indecision over just what corrective steps are to be taken or to their degree of commitment; no less basic disagreement in regard to which of the, Nation's problems is really the most pressing -- inflation or recession? Optimism has become a rare quality these days. At moat the cautious view is that this new year will see a long, hard struggle back, with hopes that 1976 at least can truly mark a dual anniversary celebration for the United States and its economic health. Yet the paradox is that once recovery does return, those very construction minerals and materials --which in recent years have experienced the ups and downs of overcapacity, shortage, and now declining demand again-- will once more face the spectre of mass inability to service revived and growing needs for its product. Mounting costs, present marginal expansion investment, and substantial lead times required for new facilities to come into production, could well form a bottleneck to economic upswing. The result again can be another cycle of shortage-induced inflation, and with it continued gyrations within the demand supply relationships of the country's building industries.

Jan 1, 1975

By Douglas W. Barr

If some of you have been through the long hot summer in the southwest, you may find it refreshing to turn your thoughts to the wintertime problems of mineral processing in the northern climates. The purpose of this paper is to point out some of the ways in which heat is gained or lost in the tailing basin operation and the problems that can result if too much heat is lost.

Jan 1, 1980

By W. T. Walter

High-G centrifuges from five preparation plants were sampled to determine and quantify the various operating factors affecting performance. The operating factors that were considered include feed rate and percent solids, size of feed material, screen-basket type, hardness of coal and age of the flights. The performance parameters that were measured include product surface moisture, recovery and degradation of the coal. Regression equations with good significance levels were developed.

Jan 1, 1982

By David S. Bolin, Bruce Kennedy, Leigh A. Readdy, Graham Mathieson

INTRODUCTION The estimation of ore reserves is a process that begins with the earliest exploration stages on a property and continues throughout any subsequent evaluation and exploitation of the deposit. During exploration and preliminary evaluation, the results of these reserve estimates constitute the basic data for prefeasibility studies and economic analysis. The decision to continue exploration and development or to abandon a prospect is often based upon these studies. During the active life of a mine, reserve computations are continuously revised to assist in development planning, cost and efficiency analyses, quality control, and improvement of extraction and processing methods. Accurate reserve estimates are also required when financing a project, purchasing or selling a property, and for accounting purposes such as depletion and tax calculation. It is important to remember that the reliability of ore reserve estimates varies progressively through time as more and more information becomes available. The lowest order of reliability of estimation of reserves exists at the time of discovery. The maximum level of certainty concerning the ore reserves within a deposit is reached when the deposit is completely mined out. Between these two extremes are variable levels of certainty as to the tonnage and grade of the resource. This is particularly true of that portion of the mineral resource that constitutes the "minable reserve," as this portion is dependent upon economic as well as geological and technological factors. In the following discussion, several of the factors affecting ore reserve computation and some of the commonly used methods of calculation are presented. The first part of the discussion is confined to classical methods of hand calculation utilizing level maps and sections. The second part of the discussion presents an overview of somewhat more sophisticated methods of geostatistics which have been developed within recent Years. Geostatistical methods frequently provide the best ore re- serve estimates for many deposits. However, a digital computer is required for such geostatistically derived estimates due to the number and complexity of the cornputations involved. For many properties the classical nongeostatistical methods are adequate, particularly in the early exploration stages. In fact, it is the author's contention that even at those properties where the geostatistical approach is employed for reserve estimation, the geological and engineering staffs should prepare an estimate by traditional means. This provides an internal audit for the reserves and at the same time requires a continuing close appraisal of geologic problems that influence the presently known geostatistically estimated reserves and production at the mine.

Jan 1, 1982

By S. E. Phillipson

Slickensides cause potentially hazardous ground conditions in underground coal mines. Investigations by MSHA’s Roof Control Division indicate that many slickensides represent bedding plane faults and drag folds that formed during coal bed decollement, a style of faulting that occurs in shale units above coal seams. These slickensides formed in response to regional tectonic compressional stresses, rather than by differential compaction, and are parallel to folds and thrust faults. This paper relates slickensides in the Appalachian, Illinois, and Black Warrior basins to the structural grain of the Appalachian Mountains, provides descriptions of slickensides, and advocates geologic mapping as a predictive method for identifying areas with adverse ground conditions.

Jan 1, 2003

By Jamal Rostami, Jürgen Schmitt, Rohola Hasanpour

"Double Shield TBMs can be used in fast track projects for accelerated completion where there is limited information available on ground conditions and there are possibilities of encountering weak ground and shear zones. As such, the shielded TBMs are the primary choice of the machines in long tunnels, but face the possibility of entrapment in squeezing ground, which entails long delays and major risks. This paper examines the possibility of using ground improvement methods to increase ground strength, and thus, increase the capability of the machines to cope with squeezing ground conditions. In this study, 3D finite difference simulation of a shielded TBM in squeezing ground was performed to estimate the operational parameters including required thrust to get a machine out of an entrapment. This analysis was also used to evaluate the possibility of preventing machine jamming by the implementation of pre-excavation ground improvement to increase the strength of the ground. INTRODUCTION In order to face adverse tunneling conditions especially using a shielded TBM in squeezing ground, new shield designs, with extra thrust and torque, step shield geometry with reduced shield diameter from front to the back, and conical shape shields have been used. In addition, many of the new machines have the capability to implement ground improvement at distances up to 50 m ahead of the face in order to reinforce the ground and further increase in their chances to cope with squeezing ground conditions. While these features have been added to the machine, there has not been a thorough evaluation of their impact on improving the chances to avoid machine jamming in weak rocks at high depth, which is conducive to rapid convergence of the ground."

Jan 1, 2016

By Scott G. Britton

This chapter is concerned with the construction of the dynamic component of belt haulage systems. The dynamic system includes the belt line and tailpiece extension and retraction movements in a production system where mine management is continually placing the belt in the most effective operating position. Correct installation of the belt and tailpiece during an extension is very important for many performance reasons. Two of the most important reasons are to eliminate spillage and safely operate the belt line. This chapter is divided into three major discussions. The first discussion looks at analyzing the parameters of effective belt line construction. This includes a review of the parameters and management tools needed for proper scheduling of a move-up. The second major discussion topic centers on efficient procedures for a belt line extension. Topics such as site preparation, tailpiece breakdown and setup, stringing the belt line and structure, plus operating and maintenance tasks needed after the belt line is installed and running, are covered. The third discussion presents a list of conveyor and conveyor component manufacturers who provide services and products to the coal mining industry. Again, any discussion on underground haulage systems must generalize much of the site specific design approaches to be practical. This text will mention, where applicable, some of the alternatives available to construction engineers in designing belt line systems.

Jan 1, 1983

By A. Iordanidis

Mining activities have recently been taken place in Vourinos mountain, northern Greece, exploiting the so-called ?olivinite?. A representative sample was collected from this mining area. Mineralogical analysis was conducted using X-Ray powder Diffraction (XRD). A thin section was prepared and analyzed under optical microscope. X-Ray Fluorescence (XRF) was employed for the chemical analyses of major, mi-nor and trace elements. Environmental Scanning Electron Microscopy coupled with energy dispersive x-ray analysis system (ESEM-EDX) was also applied for the characterization of the sample. Forsterite (Mg-rich olivine) and enstatite (Mg-rich orthopyroxene) were the main mineral phases determined by XRD, with a 56% and 44% content respectively. Trace amounts of chromite spinels were also determined. Based on this characterization, the industrial rock proved to be a hartzburgite (a type of peridotite in petrological terms). Optical microscopy and ESEM-EDX provided similar observations and confirmed the above-mentioned results. XRF revealed a composition of 43.31 MgO, 44.25 SiO2, 9.98 Fe2O3, 1.40 CaO, 0.67 Al2O3, 0.22 MnO, 0.01 TiO2 and negligible amount of LOI (<0.1%). Trace elements with high concentrations were Cr (2678 ppm) and Ni (2044 ppm). The comprehensive characterization of this mining product suggested the suitability for various uses, such as refractories, foundry and slag conditioner. Additional experiments are being carried out for environmental applications, e.g. wastewater treatment.

Jan 1, 2006

By Penglu Gan, Jinjie Zou, Chenglang Pan, Xiaowu Tang, Yu Zhao

"The north segment of the Zizhi Tunnel that consists of twin tunnels was excavated at a shallow depth in soft ground using the Shallow Tunneling Method. Based on continuous field measurements, the development histories of surface settlement were analyzed first. The observed development process could be roughly divided into three stages and the influence of river was evidenced. Transverse and longitudinal surface settlements above the twin tunnels were then fitted with empirical models. The obtained trough width parameters in transverse and longitudinal direction (it and il) and the volume loss (VLs) were presented and discussed. Additionally, surface settlement was compared with the crown settlement. The relationship between surface and crown settlement behaved in two different ways inside and outside the river-affected region. The findings in this project give references for predicting surface settlements in similar tunneling condition. INTRODUCTION Nowadays tunnel construction has become a major way of utilizing underground space in many large cities. The ground deformation will be inevitably induced in the tunneling process. Engineers should always be careful about excessive deformation that may damage adjacent structures. For shallow tunnels, controlling ground deformation turns to be more risky. Since soil arching is not completely formed in the shallow tunneling, settlements can easily develop from tunnel crown to ground surface.A conventional tunneling method named Shallow Tunneling Method (STM) has been developed and widely applied to constructed shallow tunnels in China. The major difference between this method and the New Austrian Tunneling Method (NATM) is whether considering self-supporting capacity of surrounding ground or not. In order to reduce the disturbance of surrounding soils, several guidelines are highlighted in this method, including advanced pipe forepoles, strict grouting, short excavation length, strong support, quick closure and frequent measurements (Fang 2012). Nevertheless, the ground deformation is still hard to control and becomes a concerned problem, mainly because ground settlement has some regional features and largely depends on the detailed excavation methods (bench cut method, multiple heading method, etc.) and ground condition (sand, clay, decomposed rock, etc.)."

Jan 1, 2016

By Raúl Castro, Marco Vera, Alfonso Ovalle

The underground mining evolution for block cave mines in Chile and worldwide has made important strides in the last decades. Nonetheless, reserves determination in the initial stages of these types of projects—mainly for long-term planning—is not studied in as much detail as it should be, especially regarding the impact on the final value of the enterprise. Today, the first estimation of the size of a block cave mine, typically expressed in tons, tends to determine very large footprints and ore bodies. The resulting large-scale mine is obtained by applying the marginal cut-off grade (COG) to determine reserves. Yet, in many cases, it is possible to obtain an equal or higher benefit, extracting fewer reserves in less time, with a smaller active area, which significantly reduces the project’s uncertainty. To explore scenarios obtained by applying a higher marginal COG in the initial phases of the project, the Hill of Value methodology is used to estimate the net present value (NPV) in relation to the production rate and the COG. However, the application of this methodology considers certain simplifications that generate results which are not completely satisfactory in specific cases. This paper suggests an improvement of this method to obtain more reliable results regarding determination of a COG profile that will optimize the NPVof a block-cave project. The methodology was developed and applied in a massive polymetallic deposit with zinc, lead, and silver mineralization, corresponding to a real block caving project. The methodology provides NPV results that differ by approximately 15% in comparison to the real mine plan, while also being considerably simpler and faster to calculate. In summary, the proposed methodology provides a reasonable and fast procedure to estimate higher than marginal COG that increases the NPV of block cave mine projects.

By D. Williamson

In the post war years metals analysts and statisticians have generally tracked the demand for metals in line with changes in OECD industrial production (IP) growth rates because, undoubtedly, the correlation between IP growth and metal demand was reasonable. However the correlation was exaggerated. During times of expanding IP growth metal demand increased at a faster proportional rate than IP growth. This was probably due to industry restocking in anticipation of growing demand at the start of each economic cycle. Conversely, metal demand would slacken at a greater rate than would be suggested by negative IP growth as industry destocked in order to reduce costs. Nonetheless, overall, a reasonable correlation between IP growth, over the longer term, and metal demand could be painted. Yet, although this correlation has stood well since the last world war it has been based on the fact that the bulk of the world&apos;s IP growth stemmed from the industrialized countries of the western world, latterly including Japan. The so called "developing world" was of little consequence, whilst countries of the Soviet Union and Communist Bloc were deemed to be closed, self-contained entities which, for each metal, would either be net exporters or importers. These quantities would be used by analysts to calculate the overall supply/demand equation for the western world only and to deduce whether a commodity was in shortage or surplus. It is now believed that this method of projecting total world supply and demand for raw materials is outdated and takes little account of the worldwide political changes which have occurred since the collapse of communism and the revitalization of China, albeit under a notional communist government. It is no longer appropriate to assess global balances for raw materials on the basis of three economic blocs namely, western world, developing world and communist bloc. Rather, global balances need to be projected on a global basis. In this regard, since the collapse of communism and the removal of many other totalitarian regimes, capitalist forces are at work and are attempting to satisfy, with some considerable success, the expectations of the great mass of the world&apos;s poorer people. Such people, usually located in Asia, Africa and Latin America have aspired to the same standard of living as people living in western Europe, North America and Japan. Now, with free market forces at work their aspirations will start to be met. Consequently, the demand for metals and other raw materials will now rise at a much faster rate than at any other time in the world&apos;s history. Not only will the production of raw materials have to keep pace with rising IP in the developed world but will also have to keep pace with the demands associated with the rising expectations of rapidly increasing populations in the developing world, as well as from within the old communist bloc countries. This paper sets out to argue the case that metal demand could well increase at a rate faster than the world&apos;s mining companies, governments and financiers can deliver.

Jan 1, 1997