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By R M. Stephenson

Large diameter raise boring is a common raise excavation method in the Australian mining industry. Geotechnical investigations were conducted on several large diameter raise bore projects at Gwalia Mine to assess the potential for instability and potential back-reaming problems. A thorough geotechnical analysis and subsequent back-analysis was conducted on a vent raise excavated at 5.5 m diameter and 810 m length.The geotechnical investigation for the vent raise included collection of data from an acoustic televiewer survey that was conducted on the pilot hole. The survey results provided structural data and an insight into the effects of stress on the pilot hole. Structural analysis was conducted using a combination of information obtained from the acoustic televiewer survey and geotechnical logs of the diamond drill core drilled close to the site.Further information was collected from drillers’ plods from pilot hole drilling and back-reaming to conduct a back-analysis of the completed shaft, and this was compared with the structural analysis.The key finding from this review was that the acoustic televiewer survey of the pilot hole accurately identified locations with blocky conditions. This is an important supplement to the information available from the main geotechnical investigation hole, as this was offset from the shaft location over most of its path.CITATION:Stephenson, R M and Sandy, M P, 2014. Structural analysis of acoustic televiewer logs for large diameter raise bored shafts, in Proceedings 12th AusIMM Underground Operators’ Conference 2014 , pp 89–96 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Mar 24, 2014

By M Salu, G J. Kay

"As underground mines increasingly face the challenge of maximising production without losingfocus on safety excellence, the ability to predict the eff ectiveness of mine seals and stoppings andthe identifi cation of defects plays an increasingly important role in mine ventilation management.While technologies for sample testing installed seals provides signifi cant assurance, the difficulty of conducting tests in operational environments, combined with the production impact of destructive testing procedures, has led to the development of a new method for non-destructively testing ventilation control devices (VCDs). This paper addresses the challenges of in situ testing and reviews the approaches previously employed to verify the quality of VCD installations. It then describes a new testing methodology jointly developed by Whitfield Minerals PTY Ltd and Parsons Brinckerhoff (PB) and the range of tests that have been carried out in the laboratory, above ground, at trial underground sites and in active coal mine operations. Although this is a new approach to testing underground VCDs, the method employs recognised testing equipment in a new application. The aim of the new non-destructive technology is to not only verify the thicknessand therefore overpressure rating compliance, of new VCDs, but to allow mine operations t oidentify and locate defects in installed VCDs without causing damage to the material structure.Currently it is difficult, time-consuming and costly to carry out physical sampling and testing ofevery VCD. Therefore, a reliable and accurate means of non-destructively testing concrete andplaster seals in situ will provide substantial operational and safety benefi ts to the underground coal mining industry."

Jun 1, 2012

By Federico Pagliacci, Claudio Asioli, Marco Chiarabelli

"""Rigid inclusions"" are a consolidation method that provides improvement of soft soils thanks to the installation of cylindrical columns made up of a material with significant and permanent cohesive properties, whose stiffness is 500÷5000 times greater than the surrounding natural soil’s. ""Rigid inclusions"" find their application in marginal areas (reclamations, polluted sites) to ensure stability of adjacent structures during construction of new buildings and to reduce the impact of natural disasters (liquefaction in the event of earthquakes, embankment collapse in the event of floods). This paper analyses the “rigid inclusion” construction method, related materials and equipment. Moreover, two performed projects will be illustrated. The first is the restoration of Lungarno Torrigiani Embankment in Florence, Italy. In May 2016, the Torrigiani embankment underwent a structural collapse causing a 3 m. displacement of the riverbank towards the Arno River. “Rigid inclusions” (with 300 mm diameter) have been used to re-compact the loose soil and create a stable working platform for the equipment. The second project illustrates the use of “rigid inclusions” (800 mm diameter and maximum depth of 36.6 m) to control the settlement of a new automatic cold store (30 m high with a 65 x 120 m foot print) for fresh frozen vegetables.RIGID INCLUSIONSIn general, the word ""inclusions"" means a type of consolidation that improves the strength of a soil mass through the inclusion of elements constituted by a material having better characteristics than those of the surrounding natural ground, to improve the overall mechanical characteristics of the treated soil. Inclusions are ""rigid"" when the material introduced into the ground has significant and permanent cohesive properties (concrete or cement mortar) and a significantly higher stiffness (500 ÷ 5000 times) than that of the surrounding natural ground.Typically, medium-small diameters (from 300 to 800mm) with low percentages of treatment (from 2% to 10% of the volume of soil) are employed, ensuring a high quality and consistency of the obtained product, both in terms of diameters and elastic modulus.According to the scope of the project and in urban areas, ""rigid inclusion"" columns can also be performed by means of small diameter drilling rigs (micropiles), weighing less than 20-25 tonnes."

Jan 1, 2017

By Zhiye Zhao, Jianping Sun, Zhipeng Xu

"The subsea rock cavern project is an underground storage facility. For cost-effective and safe excavation, the risk caused by the groundwater seepage into the rock cavern must be addressed. As one of the essential steps of the assessment work, the hydraulic conductivities of the fractured rock masses should be reliably determined based on the limited measured data and geological information from the few boreholes. On the basis of site investigation data and monitored water flow and water pressure data during excavation, this paper presents an estimation method for hydraulic conductivities of the rock masses containing water bearing zones.INTRODUCTIONIn the development of underground rock caverns/tunnels, the uncertainty of hydro-geological conditions plays a critical role in terms of construction cost and construction safety. Excessive groundwater seepage has been identified as one of the key safety factors which always lead to vast loss, such as the Seikan Tunnel in Japan which encountered sudden water inflow and then catastrophic face collapsing, tunnel flood during excavation (Xu et al., 2013). As a key factor in the risk management associated with the groundwater leakage into rock cavern, the hydraulic conductivity determination is very important for cost estimation, reliable water control and construction management.The case presented in this paper is an underground project consisted of a cluster of rock caverns/tunnels for storage of hydrocarbon products. These caverns are located in heterogeneous sedimentary bedrock, at a depth of 130 m beneath a basin, and the crowns of caverns are located at about 100 m below the sea bottom. The caverns/tunnels are designed at two levels, the water curtain tunnels are at the upper level, and oil storage caverns are at the lower level, as shown in Figure 1. A number of horizontal and vertical water injection holes drilled from the upper water curtain gallery tunnel will establish continuous horizontal and vertical water curtains for providing a stable pressure distribution around the caverns, to keep oil/gas inside the lower storage caverns. As the hydrostatic pressure of groundwater around the storage caverns is higher than the pressure of stored oil and gas, the stored oil and gas will not leak out of the cavern (Lu, 2010; Xu et al., 2015). Groundwater pressure gauges are installed in the water curtain gallery tunnels, and water from the operational and access tunnels is injected continuously into the curtains to maintain the pressure. Some monitoring data are recorded at different construction stages. This paper proposes suitable methods to predict the hydraulic conductivity in rock mass and to determine the hydraulic conductivity in the water bearing zones."

Jan 1, 2015

By S. Caron

From the early 70?s, ?Centre de Recherche Minérale? (CRM) has conducted and co-ordinated Research and Development activities for the mineralurgical and metallurgical industries. Since 1999, CRM has continued its mandate through COREM which is a consortium of 13 members that uses the benefits and advantages of collaborative pre-competitive industry / university research. In particular, COREM?s ?In-Situ Optimization Group? is involved in the implementation of modern optimization and control tools. The POP Project was launched in order to increase and consolidate the use of modern optimization and control tools and methods for mineralurgical and metallurgical processes. To ensure a successful transfer in the industry, there are a number of essential activities that have to be undertaken. These activities have been identified by COREM?s members and are grouped into three main modules: - R&D Module: Research and Development in universities, research centres and other partners; - Technology Transfer Module: integration of new tools and methods into the POP Software, industrial applications and technical support; - Training Module: education of new engineers in universities, continuing education of plant personnel through on-site workshops and resource networking by specific information exchange tools. This paper outlines the opportunities that led to the definition of the POP Project and describes its main modules. The main features of the POP Software are presented, the first application is described and finally, future developments are discussed.

May 1, 2001

By T R. Justice

The Eastern Distributor tunnel is located approximately 24 m beneath the suburbs of Woolloomooloo and Darlinghurst to the east of the central business district of Sydney. The 1.7 km long tunnel will carry three lanes of northbound traffic over three lanes of southbound traffic in a æpiggybackÆ arrangement, with a maximum cross-section 22 m wide by 12 m high.The tunnel is constructed predominantly within horizontally bedded Hawkesbury Sandstone. In the unweathered to slightly weathered state, the rock is typically medium strength (average UCS about 24 MPa), with an average quartz content of 72 per cent.Major geological features that intercept the tunnel route are the Woolloomooloo Fault Zone and two extremely to moderately weathered dolerite dykes. The fault zone intersects the tunnel at about 25¦ to its alignment and comprises a series of discrete faults over a width of approximately 50 m. The overall movement of the fault zone appears to be reverse. The two dykes are the 1 m wide Oxford St Dyke and the 6 m wide Great Sydney Dyke.This paper outlines the site investigations and the interpreted geotechnical model for the tunnel route prior to the commencement of tunnelling. This model is then compared to the encountered conditions. The very good correlation between the expected and the encountered conditions shows the high quality of geotechnical investigation and interpretation.

Jan 1, 1999

By G M. Mudd

The growing popularity of platinum and platinum group metals (or PGMs, including palladium, rhodium and others) for a wide range of applications leads to some interesting issues for mining and sustainability. The uses for PGMs includes catalytic converters for air pollution control in vehicles, growing jewellery use, catalysts for various purposes (especially petroleum and chemicals processing), hydrogen fuel cells and many others. Given the growing importance of most of these PGM uses in more sustainable technologies or in making industrial processes more efficient, it is critical to understand the complex sustainability issues which surround platinum and PGMs. At present, South Africa is the dominant PGMs producer and holds about 88 per cent of estimated global resources, with important but relatively minor production and resources in Zimbabwe, Russia, Canada and the United States. Given the concentrated location of PGM resources, what are the likely trends in PGM mining with respect to environmental sustainability? That is, what are the costs in terms of energy, pollution, greenhouse gas emissions, water, land use impacts, social impacts, economic aspects associated with this globally important industry? This paper compiles and analyses a range of data on platinum-PGM mining, focusing primarily on South Africa. It synthesises a unique combination of data which relates typical production aspects such as ore grade and scale with sustainability aspects such as greenhouse, energy and water costs. The findings are critical in understanding the debate about the increasing environmental and social costs of some materials and technologies which are considered crucial for sustainable industries based on PGMs. Overall, the paper represents a valuable insight into the platinum-PGM sector, providing a range of useful data for understanding the environmental sustainability of this particular group of precious metals.

Jan 1, 2009

By Merwin H. Howes

Gnome shaft, situated about 24 miles southeast of Carlsbad, N. Mex., was designed and sunk by the U.S. Atomic Energy Commission for conducting a peace- time experimental nuclear explosion in the thick salt beds of the Permian Salado formation. Excavation was started July 1, 1960, and completed July 26, 1961. The 10-foot diameter shaft, lined with concrete through the rock section, was sunk 1,216 feet. A drift was driven approximately 1,140 feet on the 1,200- foot level terminating in a shot chamber. On completion of 100 feet of shaft, by means of a truck-mounted crane, facilities were installed for conventional sinking. About 709 feet of rock and 506 feet of salt were encountered in the shaft. Salt beds at this place are reported to be over 1,200 feet thick. The overlying rock section varies greatly in composition and thickness of beds and contains a 28-foot bed of water-bearing dolomite. The aquifer was sealed to facilitate shaft sinking and to prevent water-seepage damage in the salt section of the shaft. Sealing was accomplished by grout injection through holes drilled into the aquifer and by grouting behind the concrete liner.

Jan 1, 1963

By Yael Miron

The presence of pyrite (FeS2) in coal can cause or contribute to several problems for the coal mining industry. These problems, which include spontaneous combustion, roof falls, floor heave, and accidental explosions in coal surface mining when ammonium nitrate fuel oil (ANFO) explosives are used, result from pyrite oxidation. Pyrite oxidizes exothermically in the presence of air and moisture to form a large variety of products, including hydrated ferrous and ferric sulfates, and sulfuric acid. Some of the products are reactive chemicals and strong oxidants. The volume of many of these oxidation products exceeds the original volume of the pyrite; as a result, the adjacent coal disintegrates and its surface increases, rendering it more susceptible to oxidation. The heat from pyrite oxidation raises the temperature of the adjacent coal, accelerating the oxidation and self-heating rates of the coal. These combined chemical, physical, and thermal effects are the cause of the aforementioned problems. When ANFO is used in surface coal mines and contacts ferrous sulfate, a highly exothermic reaction ensiles. Additional hazards are fires or explosions caused by the frictional ignition of methane when the pyrite in the coal is struck by a cutting bit during mining.

Jan 1, 1994

By T. D. Hackett

Multislice mining methods were analyzed by the U.S. Bureau of Mines to determine their application to western United States thick coal seams; ground control, geology, and costs were considered. Multislice mining is used in widely varying seam conditions worldwide, including flat seams too thick to mine in a single pass, pitching thick seams, and seams containing a rock parting. Longwall multislice methods predominate, but room-and-pillar variants also exist. The initial use of the method in western seams is planned at a deep Colorado mine where a rock parting will be used to separate two slices mined by longwall. Ground control and spontaneous combustion are major hazards associated with multislice mining. A well-consolidated upper slice gob can reduce ground control problems and provide a seal against spontaneous combustion. Geologic analysis indicates that the consolidation of the gob depends on the composition of the upper slice roof, the presence of water, and sufficient overburden pressure. A geologically competent intermediate rock parting can also reduce ground control problems and seal against spontaneous combustion. To compete in western coal markets, the cost of multislice mining must be within the range of normal longwall costs. Analysis indicates that multislice operating costs should be within this range, and that multislice mining costs decrease as panel width increases. Relatively wide (600 to 800 ft) panels also provide increased coal recovery.

Jan 1, 1990

By Merwin H. Howes

Gnome shaft, situated about 24 miles southeast of Carlsbad, N. Mex., was designed and sunk by the U.S. Atomic Energy Commission for conducting a peace-time experimental nuclear explosion in the thick salt beds of the Permian Salado formation. Excavation was started July 1, 1960, and completed July 26, 1961. The 10-foot diameter shaft, lined with concrete through the rock section, was sunk 1,216 feet. A drift was driven approximately 1,140 feet on the 1,200-foot level terminating in a shot chamber. On completion of 100 feet of shaft, by means of a truck-mounted crane, facilities were installed for conventional sinking. About 709 feet of rock and 506 feet of salt were encountered in the shaft. Salt beds at this place are reported to be over 1,200 feet thick. The overlying rock section varies greatly in composition and thickness of beds and contains a 28-foot bed of water-bearing dolomite. The aquifer was sealed to facilitate shaft sinking and to prevent water-seepage damage in the salt section of the shaft. Sealing was accomplished by grout injection through holes drilled into the aquifer and by grouting behind the concrete liner.

Jan 1, 1963

The Canadian concept for nuclear fuel waste disposal is being assessed by AECL Research in a series of experiments at its Underground Research Laboratory (URL) near Lac du Bonnet. Manitoba, Canada. As pan of this research, the Mine-by Experiment has been designed to obtain information on rock mass behavior, the development of an excavation-induced damage zone and failure mechanisms around a circular bored tunnel. An iterative design approach was used to effectively reconcile the experiment objectives and construction logistics. This paper discusses the design considerations and construction methodology adopted on the project.

Jan 1, 1991

By S. Gan, E. van Niekerk, L. Birrell, D. Robbertze, L. Ncubi, B. Zhao

Quality assurance and quality control (or QAQC) plays a key role in safeguarding the level of confidence of the data generated during mineral exploration and mine development, and is also part of the reporting code requirements for resource estimation and reporting, as well as mining investment. Implementation of good policies and working protocols in quality management will result in the generation of reliable information, which is critical for decision-making on the future of the mining project. The use of certified reference materials, i.e., standard, blank, and duplicate samples, proves effective and efficient for ensuring the level of data confidence in terms of precision, accuracy, and sample contamination. This is well demonstrated by the practice of QC in the exploration programme for the chrysotile tailings storage facilities of Havelock Mine, using 1254 samples from 53 drill-holes. Different statistical tools were applied to analyse the assay results from these samples. The outcome substantiates that the QC practice established during the Havelock exploration project is aligned to best practice guidelines in the industry. The resource delineated indicates that the tailings material at Havelock could potentially become a significant source of supply to the global magnesium market.

Jul 2, 2022

By Lei Zhang, Zhibo Ma, Pingye Guo

The mechanical behavior of hard roofs often leads to significant deformation and strong mine seismicity in gob-side entry retaining (GER) of the longwall mining, affecting the mining safety and efficiency of coal mines. Field investigations indicate that the failure process of the retained entry by hard roofs can be divided into three stages. In this paper, theoretical analysis and numerical simulations are first used to evaluate the damage process of the retained entry under the hard roof. The results show that the instability of the retained entry in the conventional GER method results from the combined static-dynamic loads (in stage II and stage III) from the hard roof. Then, an innovative method, through fracturing roofs to maintain entry (FRME), based on GER with the hard roof is introduced to solve this problem. In this method, the roof of the mining area is pre-fractured, and when the coal seam is mined, the direct hard roof will collapse along the fractured surface due to its deadweight and mining pressure. The hard roof control effect on the static and dynamic loads, taking into account the innovative method, is verified with simulations and theoretical analyses. The results are compared with those of the conventional GER method. Furthermore, based on the numerical simulation study of dynamic responses, it is found that compared to the GER method, the dynamic response of the retained entry using the innovative method is more moderate and more conducive to the stability of the entry. Field application also validated the effectiveness of the innovative method to control the mechanical behavior of the “massive sudden collapse” of the hard roof.

Aug 14, 2023

By R. L. Grayson, W. E. Wallace, M. D. Attfield, A. Q. Wearden, P. Bolsaitis, R. D. Kennedy, M. J. Keane, J. C. Harrison

"Respirable high-silica particles from four coal mines. a clay mine and a tunnelling site were analysed for silicon vs aluminum composition by performing scanning electron microscopy-energy dispersive X-ray analysis (SEM-EDS) at electron accelerating voltages of 20 kiloelectron volts (keV). The same particles were analysed at 5 keV to determine possible differences in surface vs bulk composition. In some cases high-silica particles exhibited a decrease in the ratio of silicon to aluminium K-alpha line intensities with decreasing electron beam accelerating voltage. This behaviour is consistent with aluminosilicate surface contamination or occlusion of a silica particle. Some 20 high-silica particles were analysed from each of 10 samples. Powdered aluminosilicate glass was used as a control for the behaviour of silica with a homogeneous distribution of aluminium in the particle. Significant differences were found between the control and sample means for an Illinois bituminous coal mine dust, two western and one central Pennsylvania bituminous coal mine dust low-temperature ashes. and a clay mine and mill dust sample, but not for an anthracite coal mine dust and two central Pennsylvania bituminous coal mine dust low-temperature ashes. INTRODUCTIONRESPIRABLE dust quartz content commonly is measured on bulk samples by using i.r. spectroscopy or X-ray diffraction. For research purposes, individual particle-by particle SEM-EDS analysis at 20-30 keV electron beam accelerating potential may be used also. Such measurements have not provided an unambiguous association of quartz content with occupational pulmonary disease prevalence in exposed workers (WALTON et al., 1977). Rather, there is evidence that coal rank modifies the relationship between dust exposure and pneumoconiosis development (WAL TON et al., 1977; ROBOCK and BAUER, 1990; ATTFIELD and MORRING, in press). SEM-EDS analysis was performed to measure the silicon fraction, Si/(Si +Ai), at 20 and at 5 keV on high-silica particles to determine if some respirable quartz particles generated by mining exhibit heterogenous composition with depth (WALLACE et al., 1990), which might affect the bioavailability of the quartz surface."

Dec 1, 1995

By Changjiang Li, Jun Yang, Qiang Fu, Xu Chang, Xing Wu, Yubing Gao

With the development of underground mining, the deformation of roadway floor has increasingly become a major constraint on the safe and efficient production of coal mines. To address the floor deformation that was caused by massive stress concentration in roadway, an innovative method based on deep-hole directional tensile blasting technology is put forward. By taking No.122108 working face in Caojiatan Coal Mine as engineering background and analyzing the mechanism of deformation, a numerical simulation and field test are carried out to verify the effect on deformation control of this technology. It is found that the deep-hole directional tensile blasting technology can actively control the fracture position of the roof in the gob area and cut off the stress transmission path, so as to relieve the stress in the roadway. And since different blasting parameters have different impacts on the stress relief effect, a numerical simulation is implemented and it is found that the stress relief effect is the best when blasting depth is set to be 32 m and the blasting angle be 60°. By applying the optimal blasting parameters to the field engineering test, it can be seen that the deep-hole directional tensile blasting technology could effectively reduce maximum stress value and stress field range of the both sides of the roadway, and make the stress field far away from the roadway, thus effectively controlling the deformation of the roadway floor. The deep-hole directional tensile blasting technology can effectively solve the problem of roadway floor deformation and can be safely applied to engineering sites.

Jun 13, 2023

By Scott G. Giltner, Alex Schwenk

An iron operation sought to extend the life of the mine by conducting a major pit pushback in an area close to several public structures and the neighboring town. The result of the pushback would make millions of tonnes of ore available for mining allowing many additional years of taconite mining. This paper discusses the initial development blasts conducted for the pit pushback. For the development blasts, it was determined that no fly rock should leave the mine site and that the blast vibrations should be as low as possible, but specifically under 19 mm/s (0.75 in/s) at a nearby sewage treatment plant. One issue complicating the blast design was the variation in hole depth within any given blast. For the initial sinking shot, the hole depths varied from 6.4 m (21 ft) to 12.5 m (41 ft). In the subsequent blasts the hole depths within each blast could vary up to 5.8 m (19 ft). Various tools were employed to design the blasts to ensure there was no fly rock and that the blast vibrations were as low as possible. UAV surveys of the blast areas were conducted to provide a 3-D representation of the free faces and bench surface. The 3-D point cloud produced from this was used to measure the shape of the free faces. Once the shape of the free faces was quantified, it was possible to establish proper placement of the crest holes and develop a custom explosive load for each blast hole. In addition, signature hole analysis was performed for each blast to determine the optimum delay time that balanced the need for minimal vibration, prevent fly rock, and a well fragmented muck pile. Electronic detonators were applied to achieve the necessary control of the blast that balances these three concerns. The results of the seven blasts conducted to date provided the desired results. The peak vibration level at the sewage treatment plant for the seven blasts was 10 mm/s (0.40 in/s). The only fly rock occurred when there was a miscommunication in the blast design resulting in under burdened holes on the front row. To date, the mine has been able to safely expand the pit into an area that will add many years to the mine life. The muck piles have been well fragmented with reports from the shovel that they have all dug well.

Jan 21, 2025

By D. R. Spears

The Bureau of Mines has investigated the fundamental aspects of shear-flocculation using a rapid, in-situ particle size analyzer. Silica was stirred in the presence of an aliphatic amine to determine the effects of collector coverage, stirring speed, and solids concentration on the kinetics of shear-flocculation. The results showed that shear-flocculation is a two-stage process. In the first stage, mean particle size increased rapidly in the first 1-2 min of reaction; in the second stage, an equilibrium was set up between the rate of floc growth and floc decay. Collector dosage affected the position of the equilibrium by altering the number of surface sites for particle-particle attachment. A minimum stirring speed was necessary for shear-flocculation to occur and was dependent on solids concentration and collector dosage. This speed was the minimum necessary for particles to overcome the electrostatic energy barrier which kept conditioned particles dispersed. Larger particles flocculated more rapidly. At very high stirring speeds, large flocs became unstable, resulting in a narrowed particle size distribution in the slurry.

Jan 1, 1993

By John F. McCoy

The U.S. Bureau of Mines (USBM) awarded? a contract to Foster-Miller, Inc. to develop guidelines for designing, constructing, stocking, and maintaining rescue chambers in underground mines. This report develops information and recommendations which could be used by a mine operator who desired to install a rescue chamber. Volume I covers the following major areas: atmospheric life support, configuration and construction, chamber location, power and lighting, equipment and supplies, communications, and psychological aspects and training. Volume II contains the following appendices: History of Barricading, Chamber Pressuriztion Considerations, Diffusional Infiltration of Gas, Compressed Air Storage, Location Examples, and Psychological Aspects.

Jan 1, 1983

According to reports in August, Botswana RST's copper- nickel-cobalt smelter at Selebi-Pikwe produced 7 percent above the rated capacity of about 3,500 metric tons of matte per month. This record production occurred after 2 years of plant production difficulties and was brought about by a new management team. A shutdown for furnace maintenance had been planned for this year, but was postponed because of the improvements in production and operations. However, the mining operation continued to face problems relating to higher costs and some outstanding claims. COPPER: Effective December 1, ASARCO, Inc. and Phelps Dodge Corp. reduced their domestic copper prices by 54 per pound. Within a period of 3 days, a11 other producers (Kennecott Copper Corp., Newmont Mining Corp., Cities Service Co. , Copper Range Co. , Duval Corp., and Inspiration Consolidated Copper Go. ) had either lowered or discounted their market postings by 5¢ to 65.625¢ per pound on electrolytic wirebar and 65$ on cathode plate. Between November 29 and December 3, New York merchants decreased wirebar quotations by 1.8¢-2¢ to within a range of 57.8¢-58¢ per pound. New York Commodity Exchange (COMEX) spot-contracted copper in the week was priced at 57. 1¢ on Monday, 56.7¢ on Wednesday and Thursday, and 57.4¢ on Friday, resulting in a 5-day average of 56.9¢, London Metal Exchange (LME) cash (prompt) wirebar averaged 56.3¢ last week, opening Monday at 56.6¢, falling from Tuesday?s high of 57.2¢ to Wednesday?s low of 55.6¢ and closing Friday at 56.1¢. Foreign producers, guided by LME market transactions, lowered wirebar quotes to 56¢ per pound. Copper stocks as of December 3 totaled 187,702 short tons at COMEX warehouses and 654,573 tons at LME depositories, compared to 97,413 and 537,481 tons, respectively, for the corresponding 1975 period.

Jan 1, 1976