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By Richard P. Sheldon

In the last several decades, techniques of data collection have been rapidly evolving. Automated spectroscopic techniques in the chemical analysis of rocks for example have advanced to the point that we can analyze samples faster than we can grind them. Remote sensors of LANDSAT give us intensity measurements in four color bands of every acre of the U.S. every 19 days. Common depth point seismic instrumentation systems used at sea for surveying and networks of seismometers arrayed around the country for earthquake studies likewise are generating vast amounts of data. These along with many other earth science data generating systems have caused a veritable data explosion. How do we deal with these enormous amounts of geologic data presently being produced as well as those produced in the past, and to be produced in the future? There is an immediate need to acquire and utilize past and present basic data in order to address today's national earth science problems. Also data being collected and stored now must be compatible with future data in order for us to be able to undertake the wide spectrum of analysis that must be made in the future. This is a big order! In order to organize and to be able to analyze these data, the USGS has embarked on a wide ranging program of compatible data base construction and the development of computer technology, based on interactive computing, to facilitate resource assessments and analyses. These activities are analogous to two sides of a coin. One side deals with the logic, philosophy, and mechanics of information storage and retrieval; and the other side deals with the sensible application of computer technology to the treatment of data. These

Jan 1, 1977

By J. H. Bain, D. C. Haigh, L. C. Parsons

Jan 1, 1964

By M. Ramulu, A. Raina, A. Chakraborty, Jethwa Choudhury, Dudhankar

Application of digital image analysis technique for assessment of blast fragmentation is gaining grounds in India, very recently. Central Mining Research Institute, India made its maiden attempt to optimize blast design based on fragmentation assessment of one of the biggest opencast mines of Singareni Collieries Company Limited, India. Indigenously developed photoanalysis software called ‘FRAGALYST’ was used for measurement of blast fragmentation A series of trial blasts were carried out in overburden benches with ongoing blast parameters and pictures of muck pile were taken by video camera for image analysis. Cycle time study of loaders and dumpers was done to determine machinery performance for each and every blast. Optimization of pre-blast parameters like specific charge, specific drilling and post-blast results like shovel cycle time and dumper cycle time, was done to determine optimum range of fragmentation. Interpreting the mean fragment size (K50) obtained by image analysis the blast design parameters were modified.

Jan 1, 2001

By G. S. Pauley

Paper presented at a meeting on: Artificial intelligence in the minerals sector, held in Nottingham, UK, 20 April 1993 (original title: Case-based reasoning can be a catalyst for improvement). A new computer software technology known as Case Based Reasoning (CBR) can be used to produce small decision support systems that are economically viable. This is because the knowledge that they contain can be owned and maintained by their users. A CBR tool has been used to perform a pilot study with Anglesey Aluminium Metal Ltd. The results are encouraging. They suggest that a combination of CBR and participative design and implementation techniques (such as Checkland's Soft System Methodology) can achieve sustainable improvement in mineral processing functions. An explanation is presented of why traditional, rule based systems are often an ineffective way to implement support systems. It is shown that CBR may provide an appropriate technology solution. Methods of achieving sustainable benefit are indicated. The pilot study with Anglesey Aluminium Metal is used as a practical illustration of the development of a CBR application. A review of potential application areas and some observations about the implementation are presented

Apr 1, 1994

WHEN the writer resided at Zeehan, qn the West Coast of Tasmania, some years ago, he took a keen interest in the geology of the district and availed himself of the opportunity to investigate occurrences, of the varied minerals in which the field abounds. The following notes were compiled as a result of one of his periodical visits to the outlying mining districts, when an examination was made of the bindsay Reward tin mining property, which has an area of 140 acres. This is most easily reached from Renison Bell, the centre of the North Dundas tin-fields, on the Emu Bay railway, 'about' eight miles north east of Zeehan. Thence a pack track some 14 -miles long connects with the mine, crossing the Piemah River by a fine suspension bridge.The mine itself is situated on the main south leading spot of the Parson's Hood Range, at an altitude of some 1600 ft. above sea level. The Parson's Hood Range is composed of granite and is an extension of the rugged Meredith Range. A remarkable feature is the uniform topography of the surrounding country when viewed from the peaks. Except where dissected by the rivers and creeks, the surface is practically level and, indeed, affords a striking illustration of an ancient uplifted peneplain.The mine has been opened by means of trenches and adits, and the ore-body proved to extend for a length of 30 chains, with an average width of about 100 ft. Its general trend is west-north-west, and its dip, which is steep, corresponds to that of the country-rocks. These latter, which are of sedimentary origin and generally regarded as of pre-Silurian age, have been tilted at high angles, consequent, no doubt, on the crustal movements produced by the intrusion of the huge granitic masses which now form the high ranges in the vicinity.It may be here remarked that it is not Within the scope of this paper to deal with the sequence of events leading to the geological structure...

Jan 1, 1923

By Arthur Matzick

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Jan 1, 1966

By John A. Owsiany

The effect of longwall mining on streams and shallow aquifers has been the subject of numerous research studies for more than twenty years. As a result of these studies, it has become common to consider an overburden thickness of 400 feet as the lower limit at which longwall mining methods may be used with little or no effect on hydrologic systems. This paper presents the results of a study documenting the response of a large high order stream to shallow cover undermining by longwall methods in the northern Appalachian coalfield. The field site is located in a narrow stream valley where the overburden, composed primarily of limestone and sandstone units interbedded with shales and siltstones, ranges in thickness from 340 to 285 feet above the main bench of the Pittsburgh coal seam. Streamflow monitoring and monitor well measurements indicate that no significant loss zones or water table lowering resulted from undermining the stream or the adjacent valley bottom area. Additionally, hydrographs for shallow near-stream wells exhibit fluctuations related to natural seasonal variations, which are nearly identical to those observed in a non-undermined control well in the same watershed. Environmental factors affecting streamflow were monitored through the use of a control stream in an adjacent non-undermined watershed to differentiate between natural and mining induced changes in flow.

Jan 1, 2001

By Dave Bulled

"This paper describes the design of a molybdenite flotation circuit using FLEET technology applied to kinetics data produced from laboratory flotation testing and distributed across the blocks of a mine plan using a geostatistical approach. The geostatistics assigned the statistical error that arises from having a limited amount of sample testing data to the kinetics estimates of each block of ore in the mine plan. The final design then included a quantification of risk based on the accuracy of the block flotation kinetics and model fitting. The design made reference to the extensive technical reports describing earlier metallurgical test work including some pilot plant work over thirty years ago.The testing involved conducting MinnovEX Flotation Tests (MFT) to determine the rougher flotation kinetics at the specified reagent conditions and rougher-cleaner tests to determine the change in kinetics resulting from regrind. These flotation kinetics were used within FLEET simulations to create a full-scale flowsheet and plant design including recommended equipment sizes and the forecast of operating results. Measurement of detailed flotation kinetics for a wide range of samples allowed the effect of size of grind and efficiency of classification (i.e. width of size distribution) to be predicted for the whole ore body.INTRODUCTIONAdanac Moly Corp. proposed to develop a 20,000 ton per day mill to produce high quality molybdenite concentrate from its Ruby Creek resource in north-western British Columbia. It is a relatively clean low grade porphyry-monzonite occurrence containing minimal quantities of other sulphides such as chalcopyrite, pyrite, sphalerite and galena. Molybdenite occurs mainly as coarse flakes with lesser amounts of finer sized values. An optimum plant design was required to can achieve the predicted operating results, at a known level of risk, while treating the variability inherent in the ore body."

Jan 1, 2007

By Arnaud Faucher, Claude Bazin, Marilène Renaud, Mohamed Mai Manga

"Grinding circuits are operated in the presence of disturbances due to ore changes and equipment malfunctions. One of the challenges faced by the operators is the detection of a disturbance, the identification of its origin and of the action needed to minimize its impact on the process. Hydrocyclones overloading, worn or partly plugged apexes of the units of a nest, surging and internal liner detachment may cause a loss of classification capacity and quality. Recovery losses in downstream leaching or flotation circuits justify the effort in developing techniques for the detection of hydrocyclone malfunction. Two approaches for the detection of hydrocyclone fault are presented in this paper. The first proposed method uses the conventional sensors available in a grinding circuit allowing real time detection of hydrocyclone abnormal operation. The second technique is based on the use of vibration sensors installed on the hydrocyclone of a nest. This last technique enables the classification of the hydrocyclone malfunction as surging, overloading and plugged apex. The two techniques can be combined to increase the robustness of the problem detection.INTRODUCTIONHydrocyclones are used for many purposes ranging from water separation, fines removal and obviously for the preparation of the feed for subsequent concentration circuits in a mineral processing plant. The strategic role of the hydrocyclones for the preparation of the feed to the concentration circuit is often underestimated because of their simplicity of operation and robustness (Napier-Munn et al., 1996; McIvor, 1988). It remains that despite their simplicity, hydrocyclones have been studied extensively from 1970 to 1990 with the objective of developing mathematical models of their operation to be incorporated into grinding circuit simulators (Napier-Munn et al., 1996; Lynch, 1977; Flintoff et al., 1987). Such a development effort is already an acknowledgement of the importance of these units in a mineral processing plant. Several authors (Del Villar et al., 1996; Plitt and Kawatra, 1979; Casali et al., 1998) proposed soft sensors to estimate the classification efficiency of hydrocyclones using sensor measurements. However, few of the proposed sensors are used in the industry. More recently several papers were published to discuss the application of 3-D modelling of the hydrocyclones (Narasimha et al., 2005; Cullivan et al., 2004) and sensors (Bond et al., 1999; Neesse et al., 2003; Hou et al., 1998; Olson and Waterman, 2004; Williams et al., 1995; Willams et al., 1997) to help in the detection of hydrocyclone malfunction."

Jan 1, 2010

By Louis Huntoon

HISTORY of the Porcupine area has been pub-lished in detail by the Ontario Bureau. of Mines in several issues of its annual reports. An. interesting volume could be written on: this topic; especially if personalities were introduced, such as the. transaction whereby the original title to the Hollinger group of claims was settled between Ben Hollinger and Alex Gillies by the toss of a coin. The early history of the McIntyre mine also had its thrilling events, such as its manager, R. J. Ennis, dodging the sheriff and deposit-ing red-hot gold bricks in the bank to meet his pay-roll. The occurrence of quartz veins containing low gold values was reported in 1896 by E. M. Burwash and again in 1899 by W. A. Parks. The first application for a mining claim appears to have been applied for on Dec. 30, 1906, by W. 0. Taylor, of Toronto, one of the old employees of the Hudson Bay Co. On the recom-mendation of Mr. Taylor, early prospecting was done on the shores of Porcupine Lake. It. was not until the spectacular discovery of the surface croppings at the Dome mine, by J. S. Wilson in 1909, that a rush to the district took place. Exploration was carried on during 1910 and 1911. The big boom was on in 1911, when claims sold on the evidence of mere rock croppings, owing to the prevailing heavy overburden. Rock croppings with specks of gold brought big prices. The country was heavily timbered and most difficult to prospect. My first trip was made during the summer of 1911, while the railroad was under construction from Porquis Junction to South Porcupine. I published my observations in the Canadian Mining Journal, Dec. 15, 1911, discussing in particular the character of the ore deposits and the future prospects of the camp. The first mills were erected in 1911, only to be destroyed by the disastrous fire in July of that year. They were rebuilt and the first important shipments are recorded in 1912. The history of the camp from the discovery of the Dome to the present consists of alternate chapters of great optimism and those of a more non-committal nature. For the engineer unfamiliar with the character of the deposits of this area, and the north country in general, it is at times most difficult to draw conclusions and submit definite recommendations. When valuable orebodies apex at depth, with no surface showings other than slightly mineralized veins of quartz or quartz containing a little visible gold; when at depth valuable veins and ore deposits, paralleling the one being explored, are developed by cross-cutting, such as Nos. 85-58 on the Hollinger, which have been its largest producers, the engineer assumes responsibilities rarely called for in other mining districts. This fluctuating aspect is exemplified in the three large producers, and may be duplicated with some of the old producers now being explored.

Jan 8, 1923

By James A. Finch, Robert E. McIvor

"This paper presents the development of a new grinding circuit steady-state modeling system. It is fundamentally based on the “functional performance equation”, which has now been used to improve the performance of numerous grinding circuits. This equation characterizes the two distinct efficiencies that are at work in a ball milling circuit, and how these relate to overall circuit productivity. It does so based on the particle size chosen to distinguish between coarse and fine (product size) material. Now, by applying it to all the material size classes, a simple yet reliable ball mill model was created. Combined with cyclone recoveries, the complete, detailed grinding circuit performance can be exactly reproduced mathematically by the computer program. It can then be used with separate process equipment application engineering methods to systematically engineer grinding circuit improvements. The development, features, uses and limitations of the system are described.INITIAL DEVELOPMENT OF THE CIRCUIT MODELThe Functional Performance Equation for Closed Circuit Ball (or Pebble) MillingIt has been shown that closed grinding circuit performance can be effectively characterized by the “functional performance equation” for closed ball or pebble milling circuits (McIvor, 2006a). One method of its derivation is summarized here for convenient reference.First select a cut-off size to define “coarse” versus “fine” or product size material for the grinding circuit. Any particle mesh size can be used to differentiate between coarse material and fines, but the circuit target P80 is often an effective choice for these purposes.Any energy expended on “fines” is wasted. It also generates “extreme fines” often detrimental to downstream processing (McIvor and Finch, 1991). Only the portion of the mill power draw that is expended on coarse material is effectively used. This portion can be estimated from the mill feed and discharge size distributions (McIvor, 1988a) by taking the average of the percentage of “coarse” material in the mill feed and discharge. We can define the thusly calculated percentage of the mill power that is expended on coarse material in the mill as the ball mill circuit “classification system efficiency” (CSEff). The “effective mill power” (EMP) can be calculated from the total mill power (TMP) as follows."

Jan 1, 2007

The Bureau of Mines is responsible for a broad spectrum of programs for meeting the diverse and changing mineral resource needs of the Nation. These programs are managed by the Director and two Deputy Directors, who formulate general policy and program direction from the Washington, D.C., headquarters. Bureau program activities are classified into two major functions, minerals research and minerals information and analysis. A senior advisory staff, consisting of the Chief Staff Officer and Chief Scientist, provides advice and consultation to the Director on a wide range of scientific and technical matters and acts on behalf of the Director to maintain liaison with other government agencies, both foreign and domestic, mineral industries, and professional societies. The Minerals Research Directorate Technological research and development in minerals have long been cornerstones of the Bureau of Mines. The Minerals Research Directorate performs this work. Re-search functions cover the extraction, processing, use, reuse, and disposal of mineral materials; the reduction of health and safety hazards in mining and processing; and minimizing undesirable environmental effects. The production, conservation, sale, and distribution of helium is also conducted under the Research Directorate.

Jan 1, 1981

By C. van der Poel, R. L. Chuoke P. van Meurs

When an initially planar interface between two im-ttitcihle liquids is displaced at constant rate, U, nor-mat to the front, instability will occur for all rates greater than a critical rate. U, given by provided the Fourier decomposition of the spatial pertmrbcrtiott or deformation of the moving displacetment front contains modes with wavelengths. A, greater than a critical wavelength, given by tit there expressions, p, p and k, with the subscripts I and 2 distinguishing the two 1iquids under consideration, are density, viscosity and effective pemeability coefficients respectively; g is the absolute value of the acceleration due to gravity; and cos (zz') is the direction cosit7e between the vertical carlesian coordinate z' (positive upward) and the z coordinate norma1 to the initially plane macroscopic interface taken positive in the direction from Liquid I to Liquid 2. U is the average volumetric velocity (injected volume of liquid pet. unit time per unit of area normal to Z) and is positive for Liquid I displacing Liquid 2, negative for the reversc displacement and r2 is an effective inter-fucial tension (for displacements between parrallel plates, t0= s the ordinary bulk interfacial tension). further, there is a wavelength of maximum instability given by For natural perturbations, this wavelength will preclotninate and characterize the form of the instability as a quasi-sinusoidal deformation, i.e., viscous fitzgers of peak-to-peak separatiotr, A,,. Comparison of experitient with theory rei'eals tltat these considerations are recsonably valid for displacements in hoth parallel plate chantzels and nnconsoli-clutt'd glass ptnvder packs. These results are. tij particular interest for interpretation of data from laboratory experiments with regard to fielil applica/iotz.s. It is quite possible for A,, although st7zall relative to the large lateral dimension of the reservoir, to rxceed the greatr.st lateral extent of the lahoratory sample or model. If it does, frontal displace- ment occurs in the laboratory experiments, and oil INTRODUCTION Thc puposes of this paper are to present theoretical and experimental evidence for occurrence of macroscopic instabilities in displacement of one viscous fluid by another immiscible with it through a uniform porous medium and to compare available experimental data with some predictions of a theory of instability developed by the first author. The instabilities are referred to as macroscopic in the sense that spatially quasi-sinusoidal, growing fingers of the displacing liquid are formed, the width and peak-to-peak separation (wavelength) of which is large relative to a characteristic length of the particular permeable medium such as grain size. Visual models of two kinds have been used to obtain observations: displacement of oil by water-glycerine solutions through the flow channel formed by closely spaced parallel plates and displacement of oil by water with and without initial interstitial water through unconsolidated glass powder packs, employing the technique of matching indices of refraction. In all cases we have observed macroscopic instabilities or fingers under conditions predicted by the theory to be favorable for their occurrence. The phenomenon discussed here is not the production of streamers due to gross inhomogeneities such as permeability stratification of the porous medium. It is our object to show, on the contrary, that a quantitative prediction of finger spacing is possible in a porous medium known to be macroscopically homogeneous and isotropic throughout. The importance of the phenomenon in its influence on the configuration of oil and water with respect to oil production behavior was noted earlier by Engel-berts and Klinkenberg' who coined the term "viscous fingering". THEORY Necessary and Sufficient Conditions ior Instability anc Initial Kinematics There are several levels of increasing complexity in the theoretical description of instabiIity of fluid displacements in permeable media. Of these, the simplest description, ;tdapted to low permeability systems, is selected for presentation.' More inclusivc tlescriptions are reserved for separate publication.

By K. Kavouridis

The energy and climate protection policy of European Union (EU), and its Member States adopted in 2007 bridges security of supply, environmental protection and competitiveness. The objectives of the EU energy and environmental strategy cover the foreseeable period till 2020. It assumes all sources of energy will be needed. The objectives for renewable and improved efficiency are ambitious; it must be established if they are also realistic. Coal can continue to make valuable contribution to the security of supply and low price of electricity, only with technologies allowing for drastic reduction of the CO2 emitted of its combustion. The aimed at -20% reduction of green-house gases (GHG) of EU-27 by 2020 is an objective limited in time and content. Europe produces less than 15% of global CO2 and this will be reduced to 10% in 2030. Emissions Trading (ET) is to remain the central instrument for CO2 management, especially in the power sector. ET scheme (ETS) or other mechanisms need designing to create an incentive for investment in higher efficiency and technologies and to Carbon Capture & Storage (CCS). The ETS as the climate protection instrument of the EU can become a heavy burden (high fuel and electricity prices, less security of supply) or it can create a climate for modernization of fossil fuel power plants. The suggestion in this paper of fuel-specific benchmark system for CO2 allocation after 2012 can combine the emission levels to be reached with a strong drive to invest, the necessary investment security, transparency and the principle of proportionality. A Benchmark System as recommended by coal industry could adapt to the different circumstances in the long term and comply with EU energy and environmental policy objectives.

Jan 1, 2008

By Thomas Gales

Longwall mining of thin shallow coal seams utilizing open pits is technically feasible. The thinnest coal seam which can be mined using available technology is 34 inches. The capital expenditure for a 1,000,000 ton per year operation is $15,494,000, and the projected rate of return is 5 percent. Similar statistics for a conventional area surface mine are S18,937,000 capital and 14 percent rate of return. The longwall surface mining method disturbs 63 acres of land per 1,000,000 tons, and the conventional area surface mine disturbs 198 acres A significant bibliography of the technology involved is included.

Jan 1, 1976

"INTRODUCTION Industrial utilization of the present submarginal domestic manganese resources of the United States is wholely dependent at this time on the electrolytic manganese process established as the result of 4 years of continuous operation of the Bureau of Mines pilot plant at Boulder City and 7 years' operations of the Electro Manganese Corporation commercial plant at Knoxville, Tenn.Three Kids ore provided the feed for the Boulder City pilot plant during 3 years of operation. Hence, the electrowinning characteristics of the ore have been thoroughly established, making possible accurate estimates for commercial operations.Before the Defense Plant Corporation constructed the leaching plant, the Bureau of Mines conducted an exploration project to determine the extent and grade of the ore reserves. Additional exploration, development, and mining by the Manganese Ore Cc, have accurately determined the tonnage and grade of ore. A large tonnage of stock piled ore is now available for immediate processing, and a considerable tonnage of openpit ore has been stripped of overburden preparatory to mining. Numerous facilities, such as power, water, and housing, needed for an electrolytic manganese plant are already available.All of these factors, as well as plans for installation of scale electrolytic manganese plant facilities, are presented in detail in the chapter entitled, ""Mining and. Electrolytic Reduction of use from Three Kids Manganese Mine."" The Manganese Ore Co. kindly provided information on the present ore reserves and state of development of the mine."

Jun 1, 1945

By Walter Fuchs

IT is now generally conceded that coal is the product of deposition and transformation of debris of forests and swamps.29 Ample data are available to illustrate the metamorphosis of biochemical substances through biological action; other data show the progressive regional metamorphism existing in coal beds;25 and numerous examples of change effected by intrusion of igneous dikes into coal deposits have been established .R3 However, often the relative importance of the biological and the geological factor in determining the character of the various natural coals is a debatable question. Since both biological and geological factors are ever present in nature, the problem, at first glance, would appear to resemble certain probability problems: specifically the simultaneous toss of two coins, with the biological factor as heads and the geological as tails. The probability is 2:I for the combined effect of both factors, as compared to the exclusive effect of either one, if the a priori probability is the same for each factor. This condition can be analyzed by a thermodynamic treatment of data, which may be obtained from a consideration of pertinent biological, chemical, geophysical and geological facts. SYNOPSIS OF BIOLOGICAL AND CHEMICAL FACTS The biosphere is not sterile; i.e., microorganisms are always present. Microorganisms have been established in the ocean deep, under the ice of the polar regions, in the sand of the deserts, and in swamps far below the surface. The various biological media may be acid, neutral, or alkaline, and they may or may not be readily accessible to air. Microorganisms are encountered almost everywhere, except where the temperature is not within the range tolerable by microbial life. Of course, with changing conditions, the type of microorganisms will change. All chemical products of life-proteins, fats, carbohydrates, lignins, waxes, resinsmay serve as a habitat of microorganisms. In the decomposition of a medium, some microorganisms macerate organic matter mechanically and remove certain constituents for their own nutrition; others decompose a large part of the organic matter but may leave certain constituents undecomposed. Some attack only certain specific ingredients of the organic matter. All of them build up cell substance. The nitrogen content of the medium largely determines the degree of decomposition. Below 1.7 per cent nitrogen, growth of microorganisms and hence decomposition of organic material is retarded; consequently organic material will accumulate.17,32 Such accumulations of organic material may give coal eventually. Coals differ in type and rank. The nature of the original vegetation and the conditions attending the transformation of the accumulated debris determine the type of coal such as bright, splint, cannel, and algal or boghead coals. Chemical analysis of representative samples of a given type of

Jan 1, 1941

The 1967 Lignite Symposium was held at Grand Forks, N. Dak., on April 27-28, 1967. This was the fifth of these technical meetings and the fourth which was cosponsored by the University of North Dakota and the Bureau of Mines. These symposia have provided a meeting place where current developments concerning technology and utilization of solid fuels (lignite) are presented. There was a registration of 255 persons from 24 States, the District of Columbia, six Canadian Provinces, Germany, and India. Many segments of coal or energy oriented organizations at many levels were represented. During the meeting, 18 presentations were made covering developments in electrical power generation, mining, estimation of reserves, combustion, gasification, and chemical and speciality uses of low-rank coals; these are com-piled in this Information Circular to provide a record of the symposium and to permit wider dissemination of the information. Proceedings of the other meetings have also been published.3

Jan 1, 1968

By Jr. Goller

You and I can visit cement plants, inspect the various rotary kiln systems and find some equipment or some burning techniques that waste energy--fuel and power. After we have made such a visit and studied a few ideas, we could recommend ways to eliminate much of this waste. Probably every idea would cost money to bring into action. For our discussion, let us arbitrarily set an upper limit of $1,000,000 on the recommendations that we are allowed to make. Call these "low-cost" or "short-term" measures. They are improvements that do not require more than say, three months to complete; they do not require a major revision to the process. Other recommendations are "high-cost" or "long-term"; they are outside the scope of this discussion. Some of our "low-cost" recommendations would offer a satisfactory return on the money that they cost; the remainder would not. Now, is there some way that we can rather quickly pick out the "low-cost" measures that will show a satisfactory return and spend our time making these improvements first? Can we separate these items from those where the return is less likely to be good? I feel that we can pick some of these items quickly if we have a kiln system that has consistently non-uniform day-to-day operation. If the operation is uniform we probably cannot pick them quickly.

Jan 1, 1977

The ASC has a dual role of business facilitator and law enforcer. Only certain types of expert report are of interest to the ASC. The powers of the old Companies Code and the Corporations law are compared. NCSC Policy Release 149 was dependent on the prescriptive powers given to the NCSC in the Companies Code. The Corporations Law does not give the ASC power to prescribe the contents of expert reports. The requirement now is for all necessary information. Research evidence is that some investors want simpler prospectuses while others need more detail. The ASC's examination of expert reports is after registration of primary documents. This leads to a necessity for experts to maintain adequate records.

Jan 1, 1994