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By FRABK HERVEY PETTINGELL

THE stock exchange and its functions is about as well understood by the average individual as the fourth dimension. What is a stock exchange? Divested of the rules and regulations by which it is governed, and the facilities it provides for the convenient handling of securities, it would be in its nude state nothing more or less than a meeting place for brokers. The stock exchange in America dates back to 1752, when a group of merchants of New York established a meeting place at the foot of Broad Street for the purpose of dealing in meal and slaves. The first definite orgarization, however, had its beginning in 1792 when 24 New York brokers signed an agreement not to buy or sell public stock for less than one quarter per cent. commission. From this small group has grown by gradual degrees, the greatest organized security market in the world, namely, the New York Stock Exchange. At the present time there are 27 stock exchanges in the United States and 5 in Canada. Based on the volume of business transacted, the Los Angeles Stock Exchange ranks 6th among them. This is attributable to the fact that strictly speaking Los Angeles has never been a stock exchange town, like some other large cities. Take for instance San Francisco, which supported one stock exchange from 1862 to .1882 and has since supported two. No city, by the way, should tolerate two stock exchanges at the same time. It is an economic folly and a senseless duplication that can be compared with rival telephone companies or competing street railway systems, paralleling each other's lines and always leads to trouble and confusion, and sooner or later one or the other falls by the wayside. While Los Angeles has had stock exchanges of one kind or another since 1896, none of them attracted much attention until 1899 when the present exchange was organized and it did not get well under way until along in 1906.

Jan 1, 1925

By B. M. Larsen

Jan 1, 1948

By B. M. Larsen

Jan 1, 1948

By Chi Zhang, Junyi Wu

"The use of permanent stainless steel cathodes for electrorefining and electrowinning of cathode copper had been introduced to the market long time ago and now is a well-accepted technology worldwide. During the last decades, the Chinese copper refinery industry had been growing rapidly and many large scaled production plants had been built. In the modern refineries, permanent stainless steel cathodes are introduced and used instead of traditional starter sheets. The most common steel grade used is austenitic stainless steel S31603 (316L/1.4404), while both S30403 (304L/1.4404) and N08904 (904L/1.4539) have been used depending on the actual working conditions, especially with regarding corrosion environment. While 316L permanent cathode functions well in many plants, different kind of problems, such corrosion and deformation, have been reported. There is therefore an increased need for more suitable material. New stainless steels, such as duplex stainless steels, with better properties have been tried and introduced into the application of permanent stainless steel cathode with satisfied results. The article introduces first the Chinese copper refinery industry and properties of duplex stainless steel in general, and then describes the development of using permanent duplex stainless steel cathode, including the actual working conditions, production of cathode sheets as well as the experiences of application in details. After more than one year’s usage, the advantages of permanent duplex stainless steel cathodes are clear seen.INTRODUCTIONChina has become a major player in the international copper market, accounting for around 40 percent of global refined copper demand. Despite the slowdown of the Chinese economy, the consumption of copper products will still increase, but with a medium and/or low growth which will be the new situation for the coming years. The average growth rate is expected to be around 5 percent per annual. In the coming Five-Year plan for National Economic and Social Development a number of initiatives will be finalized which will require massive amounts of copper. In 2015, the expected consumption of copper products will be over 9 million metric tons. The main driver of the consumption is the electric power industry which accounts nearly the half of the total consumption; followed by cooling application with 15% and transportation with nearly 10%, see figure 1."

Jan 1, 2016

By M. S. Borges

The need for the waste management industry to reach environmental patterns, technological innovation, and a technological demand of the productive sector is covered by this study. The environmental care and responsibility in the industrial sector and the necessary cultural changes for companies and entities is also emphasized. A collaborative tool was developed to help all partners involved in the environmental administration. This tool focuses on the interaction among residue generators in the productive chain. It was developed for a vehicle assembler company supported by entities or institutions with emphasis in the research, development and innovation, with expertise and capacity for new products creation, as well as reuse, recycling and reduction of by-products generation. The work aims to establish a tool for socio-environmental management, focusing on promotion and interaction between industrial waste generators sectors.

Jan 1, 2010

By Heramb M. Bal

This paper will underpin the future development of intellectuals having greater understanding of patent law and legislation, IP rights, and innovation. To understand this idea, I present a case study of China?s progress in the last 31 years in the rare earth research, innovation, and simultaneously patents area. Rare earth elements (REE) are at the centre of high technology and are the next wave of world innovation. Much of modern society depends on rare earth elements through their use in computers, lasers, telecommunications, iPods, medical technology, military applications, and so on (Long et al, 2010). The rare earth research, a large research body is being provided by Chinese sources. China devoted three or four university centers to the study of rare earths (Lifton, 2009). These measures are all designed to keep China at the forefront of REE production, materials, technology, and innovation. As a result in the last fifteen years there has been a shift from a US-dominated REE industry patents to Chinese patents. The world must identify strategic areas of rare earth innovation and provide funding to firms and universities that conduct such research. Not only research and innovation is vital but filing patents and preserving IP rights for research and innovation is even more important. We (rest of the world) need a comprehensive strategy to guide the development of patent and IP rights for research and innovation. To achieve this, the development of intellectuals with superior knowledge of patents and IP rights are the future need of minerals industry. Keywords: innovation, rare earth, patent, IP rights

Sep 1, 2012

By J. R. Goode

Up to one half of neodymium and praseodymium production, key ingredients in permanent magnets, is produced illegally. About 60% of cobalt production, critical in lithium-ion batteries and other applications, comes from central African states, and much of it is produced illegally. Tantalum, important in modern electronics, is also primarily sourced from central Africa and, again, much of it illegally. Illegal mineral production, as exemplified here, is often used to fund armed conflict. Furthermore, it is typically conducted with scant regard for human rights and environmental protection. It also leads to depressed prices which in turn limits the possibility of legitimate producers entering the market. Systems of traceability and provenance, along with cooperative supply chain participants can limit the production of illegitimate material and thereby improve conditions in the countries of origin and reduce downward pressure on prices.

By Martin Williams

During the coming decade, many of the first generation of ‘super-pit’ gold and base metal mining operations in North and Latin America will reach the end of their economic lives. The closure of such pits in a manner which is environmentally sustainable presents a considerable challenge to the minerals industry. Pit closure often results in the partial or total inundation of formerly dewatered mining operations, and the resultant formation of lakes. The development of techniques for predicting, and controlling, the chemistry, groundwater discharge characteristics and long term hydrospheric impact of these lakes has become a critical aspect of pit closure planning. In this sense, the paper point out that Sleeper Mine was the first of a new generation of open pit gold mines developed in Nevada, USA. The closure of the Sleeper pit exemplifies the use of a range of pragmatic approaches to pit flooding, with applicability to mine closure at many other sites throughout the Américas.

Apr 22, 2003

By Shi Wang, Hongbin Liu, Meiliang Wei, Wu Liu, Xiaojun Wang, Yuxian Ke, Xuepeng Song, Tiejun Tao

The study investigates the influence of water migration on the fluidity of fresh cemented paste backfill (CPB) with and without flocculant under variable shear rates. The research utilizes nuclear magnetic resonance (NMR), rheological tests, and scanning electron microscopy (SEM) to analyze water migration, rheological properties, and microstructure evolution. The findings reveal that water migrates to more stable states as shear rate increases, and the addition of flocculant enhances water migration and increases shear stress and apparent viscosity. The study establishes relationships between water content and rheological parameters, providing insights into the flow characteristics of fresh CPB for pipeline transportation.

May 4, 2022

The Nak?azdli First Nation and the municipality of Fort St. James are located in the Stuart Lake/Nak?al Bun area and are not unfamiliar to mining. These northern British Columbian communities have been associated with the historic Pinchi Lake Mercury mine and today are closely linked with British Columbia?s newest mine, the Mt. Milligan mine. Prior to the construction of Mt. Milligan, community health and social service providers were concerned about potential impacts that would occur from new mineral development activities. This concern has led to a partnership between the above communities and researchers with expertise in the area of mining and health. This paper describes: the current mining and health environment with a focus on British Columbia; mining trends in the Stuart Lake/Nak?al Bun area; the current community-based health research project funded by the Vancouver Foundation and the Canadian Institutes of Health Research, and; a suite of community-based health recommendations to mining companies on key issues to consider when developing projects near municipalities and Aboriginal communities in Canada, based upon one of the newest mines under development in Canada.

Aug 1, 2013

The National Economic Viewpoint? Any substantial project undertaken by private enterprise would normally be subjected to a Discounted Cash Flow analysis of its commercial viability, and would proceed only if the rate of return was judged satisfactory. A 'national viewpoint' analysis attempts to do the same but from the viewpoint of the community as a whole. The objective is to ensure that those projects are undertaken which yield the best return, economic and social, to the nation as a whole.

Jan 1, 1984

By C. E. M. Meskers

End-of-life Electronic and Electrical Equipment, o_cially called WEEE, is unjustly regarded as mainly a waste management problem. What is structurally overlooked is the enormous resource impact of these devices. EEE rep- resents a tremendous metal resource, which should be uti- lized through e_ective recycling, which has a much lower environmental footprint than primary production. The actual amount of end-of-life EEE recycled today is embar- rassingly low since insu_cient EEE is collected and part of the collected EEE is exported to developing countries, where it is largely not entering o_cial recycling systems. To achieve a global recycling society issues like technol- ogy, economics, life cycle structure, stakeholder aware- ness and legislation have to be addressed in a global, co-operative manner so that sustainable closed product cycles can be obtained. Requirements for a "global re- cycling society" are de_ned to address today's reality of global ows of used consumer products, taking into ac- count the likely needs of the future.

Jan 1, 2009

By Shadia J. Ikhmayies

The SnO2/CdS/CdTe thin film solar cells were fabricated on glass substrates by using the spray pyrolysis (SP) technique for the deposition of the SnO2 and CdS layers and vacuum evaporation for the CdTe layer. The transmittance curves were used to investigate the interdiffusion in the two interfacial regions SnO2/CdS and CdS/CdTe by taking the first derivative of the absorbance as a function of wavelength. The appearance of new bandgaps around the bandgaps of SnO2:F, CdS:In and CdTe layers is a strong evidence on the interdiffusion in the two interfacial regions and/or the formation of quantum dots.

Jan 1, 2010

By Hui Wang

With the great increasing use of nickel metal hydride batteries recently, the waste of this kind batteries have been paid for close consideration. For the main reason that the waste of the batteries contained precious metals and lanthanide which cost great lose. This paper introduces the pyrometallurgical process of recovering nickel and cobalt from the waste of the nickel metal hydride batteries. Particularly, the waste for the process was from factory during the producing program. The use of designed solvent to divide nickel and cobalt in melted state from the waste is described. Also, the result of the nickel and cobalt and melted gangue that mainly consist of lanthanide oxide are included in details. The aim of the paper is to find out a simple and feasible way to reuse waste from nickel metal hydride batteries.

Jan 1, 2009

By L Mottola

Three decades ago mining companies, principally in North America, aided by machine and explosive manufacturers, started significant attempts to develop and implement automated mining systems, mainly underground. These tended to be motivated by decreasing cost, increasing productivity, reducing labour requirements, and improving safety. These are important business drivers, however, little attention was given to the underlying goal of mining automation, namely to bring upstream processes in control and reducing variation, as seen in downstream mineral processing plants.This paper first reviews the nature of Lean Thinking and its application in the context of the growing commitments by industry to develop future automated mine production systems. The paper then makes reference to prior and current experiences in open pit blasthole drill and shovel performance monitoring, to demonstrate the principle that machine performance data offers as a means, not only to characterise the dynamic geological and working environment, but also to provide a foundation for automation. In this case, drill and shovel monitoring was originally motivated as a means to optimise blast fragmentation through more effective drill and blast designs that are based on an accurate determination of the bench geological and geotechnical characteristics, hence managing variation in the drilling and blasting process. This paper considers how automating and integrating such components of the mine production system would bring processes into a controlled state, creating value at the face, within a framework of Lean mining.

Nov 22, 2011

By Yunnen Chen

The test and use of natural materials as biosorbents for the removal of heavy metals from industrial wastewater is under constant development. In the present study, the biosorption capacity of waste microzyme was studied for cadmium The cadmium removal study has been carried out batchwise where the influence of physico-chemical key parameters such as pH value of solution, contacting time and initial cadmium ions concentration have been considered. The influence of metal ion concentration was evaluated and the results were fitted using adsorption isotherm models. The kinetic of cadmium biosorption was also investigated. The maximum percent removal was attained at the pH 7.0 after about 30 min. Waste microzyme was a potential biosorbent for the removal of Cd(II) from the effluent of electroplating industry.

Jan 1, 2009

By E. W. Rouse

THE year 1936 has seen rehabilitation of many plants which had been closed or severely curtailed. The Steptoe smelter of the Nevada Consolidated Copper Co. has been transformed by a rearrangement of the flow of material and utilization of mechanical handling to a maximum. The Phelps Dodge Corp. reports the construction of newer and better reverberatories at the Copper Queen smelter, and of particular interest, a single high-pressure waste-heat boiler placed directly over the uptake. There has also been a complete reconstruction of the smelter at the Laurel Hill plant of the Nichols Copper Co.

Jan 1, 1937

By W. G. McBride

INTRODUCTION Preparation of this article, at the request of the Committee on papers, has been undertaken in the hope that it may stir up helpful discussion and constructive criticism. The Canadian mining industry is in the dumps and there is no use trying to deny the fact; nor does it help to say that other industries are in as bad or a worse condition. Let us face the situation honestly and see just how serious it is. The entire financial and industrial world is in a state of depression. The gravity of the case is no doubt exaggerated by contrast with the wave of optimism and false prosperity which pre-ceded it. The prevailing gloom and pessimism are just as irrational as was the former super-optimism. As far as we mining engineers are concerned, the causes are quite beyond our control, and it is the effect upon our own industry which interests us most. This effect is an accumulation of mineral products with consequent depression in price to a point where profits have almost, if not quite, disappeared. Whether this accumulation of stocks is the result of over-production or under-consumption is difficult to say, but it would seem likely that there is a combination of the two. The introduction of selective flotation has brought about a large increase in the production of zinc, a moderate increase in the production of lead, and a comparatively small increase in copper. It has turned relatively small mines into great producers, as in the case of the Sullivan, revived expiring mines like La Cananea, and brought-in new ones like Flin Flon

Jan 1, 1931

In the grand scheme of things, the 9.5-t (21,000-lb) shipment of molybdenum concentrate that left Freeport-McMoRan?s Climax Mine site on May 10, 2012 was not unlike the thousands of others that have been hauled away from the site during the last century, except for the fact that this shipment marked the official rebirth of one of America?s greatest mines. For nearly two decades, 17 years to be exact, there was no production from the mine that was once the largest underground mine in the world and was so important to the Allies? effort during World War II that it was assigned the highest priority of any mine in the United States by the War Production Board. The economic recession in 1980 put an end to the mine?s success, and the Great Recession of 2008 nearly derailed the mine again. But, like the nearby town of Leadville, CO, the mine survived thanks to an investment of more than $700 million by Climax Molybdenum Co., a Freeport-McMoRan company, to bring the Climax Mine back into production.

Jan 1, 2012

By Herbert Tomlinson

The United States Bureau of Mines has engaged in a study of the conditions under which coal mine accidents, resulting in the loss of life, limb, or time to the injured person, occur from falls of roof and coal. This publication is devoted to the results of a study conducted in the coal mines of the Book Cliffs and Wasatch Plateau coal fields of Utah. To show the necessity of this study, a statement of the fatalities that have occurred during the period 1928-1930, inclusive, in the bituminous mines of the United States and of Utah, is presented (Table 1), followed by a brief description of this Utah district, its coal beds and immediate roof, thickness of cover, dip of coal beds, methods of mining, supervision, roof testing and timbering for roof support, all of which are factors in any plan devised for preventing accidents from falls of roof and coal.

Jan 1, 1932