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By Michael Samis

The real option valuation method is often presented as an alternative to the conventional discounted cash flow (DCF) approach because it is able to recognize additional project value due to the presence of management flexibility. However, these two valuation methods can be separated on a more fundamental level by their differences in risk discounting. Real option valuation applies the risk-adjustment to the source of uncertainty in the cash flow while the DCF method adjusts for risk at the aggregate level of net cash flow. This seemingly small difference is the reason why the real option method is able to differentiate between projects according to each project?s unique risk characteristics while the conventional DCF approach cannot. This paper provides an overview of the real options and DCF valuation frameworks and discusses the differences in risk discounting that exist between the two methods. Using grade-school mathematics, this paper clearly demonstrates how, with real options, a unique project risk discount can be calculated which is directly linked to the project?s unique risk profile. It also highlights why the DCF method fails in this regard and shows why a call to ?increase the Risk-Adjusted Discount Rate? is an incomplete solution at best. Finally, a heap-leach project and satellite reserve development project are valued with both techniques and the difference in investment conclusions is explained in terms of the risk-discounting concepts discussed here.

May 1, 2003

By W. G. Pariseau

Face and pillar bursts, bumps and bounces are violent failures that occur in underground coal mines in response to a complicated interplay of face and pillar geometry, seam depth, coal strength and moduli and interactions between roof, seam and floor strata. Additional complications arise from the presence of gas, mainly methane, and associated pressure and flow that vary with time and are further influenced by the rate of face advance. Numerical models provide a means of quantitatively accounting for the various complications of mining geometry, the stratigraphic column, mechanical properties, gas flow properties and associated interactions. A fully coupled hydromechanical finiteelement code, utAH4, serves the purpose well and allows study of the important interaction between stress concentration and gas pressure in determining safety and stability of the face during the advance of a longwall panel in a deep underground coal mine in central Utah. Face advance is relatively fast compared with gas flow and depressurization in coal seams of low gas permeability. Consequently, gas pressure is high at the face. When a longwall is stationary, depressurization occurs at the face, so effective stress and strength increase. thus, when gas flow at the face is high and requires a pause in face advance to bring gas concentration to an acceptable level, a second benefit occurs because of timely depressurization. However, quantitative analysis of a deep coal mine shows that regardless of gas pressure, high stress concentration is more likely to pose a threat to face and pillar wall stability.

Aug 1, 2013

By W. Krieglstein

Due to the natural variability of ores, it is necessary to carefully test flotation behavior of flotation cells before designing flotation circuits. For performing quick and versatile tests in the laboratory, Siemens developed a laboratory-size Hybrid Flotation Cell, which has been down-scaled from the 300 m³/h production cell to a 0.6 m³/h flotation cell. This small cell is being used as a test bed for technical and chemical concepts, the improvement of decisive components and the characterization of customer ores. In this study the evaluation results for Andean porphyry copper ores are shown. Total recovery rates of the order of 45 to 50 % have routinely been achieved in a single flotation cycle over a wide range of feed grades. In addition, the Hybrid Flotation Cell has proven to be particularly well suited for the flotation of fine particles below 20 µm down to below 1 µm, at high recovery rates and concentrate grades.

Sep 1, 2012

By John C. Machisak

The thirty-fifth consecutive National Safety Competition sponsored and conducted annually by the Federal Bureau of Mines, Department of the Interior, closed with several noteworthy accomplishments to its credit. Some of them are: 1. A record low injury-frequency rate of 18.293 disabling work injuries per million man-hours equal to that established in 1957. 2. The third lowest injury-severity rate (4,335). 3. The second highest number of mines and quarries participating (672) 4. A record number of participants finishing the competitive year without a disabling work injury. 5. All recipients of Sentinels of Safety trophies free of disabling work injuries for the first time since 1952.

Jan 1, 1961

By Juan Ayza

La permanente exposición y concentración de polvo en la zona minera, han sido materia de múltiples enfermedades mortales para el personal que labora en ella. Tal ese así que el polvo de sílice libre es la causa fundamental de la alteración pulmonar llamada silicosis. Por tal motivo, el objetivo del trabajo revisa las propiedades de los polvos, los medios para detectarlos, indemnizaciones y los sistemas eliminadores de los mismos. En cuanto al sistema de producción, el polvo se extiende a través de laventilación, humedad, cargas eléctricas, entre otros, influenciando en el muestreo cuantitativo y en la creación de un método cualitativo de estudio, para complementarlo.Asimismo, se determina que el desarrollo de la silicosis se relaciona en el cuarzo como causa principal de dicha anomalía, aumentando el peligro de infección y la capacidad pulmonar. Para contrarrestar dicha enfermedad se busca soluciones alternativas como el uso del agua, aceita, una ventilación adecuada, los buenos hábitos en el trabajo, la floculación, el método porofliáctico de aluminio, concluyendo que el Hematocímetro es el más exacto y práctico de los anteriormente usados, dado su costo como su requerimento de instrumental menos complicado.

Jul 20, 1955

By Tacio Ferreira

How state-of-the-art software, data analysis and communication applied to drilling and blasting techniques have have allowed quarries in the Midwest of the United States to improve results downstream

Feb 1, 2020

By W. M. Ma, Daniel W. H. Su, K. Centofanti, Yi Luo, W. L. Zhong, Syd S. Peng

8.1 INTRODUCTION Under room and pillar mining if the extraction ratio is low, (i.e., < 50%) a pillar can support the overburden without collapse and there will be no surface subsidence whatsoever. In other words, if the pillar sizes are properly determined to support the overburden weight, the roof strata cannot cave and there will be no surface subsidence, provided the entry width is small and properly reinforced so that a continuous roof fall leading to piping or the total collapse of the roof does not occur. Under the prevailing mining conditions in the US if only development mining is em¬ployed in room and pillar mining (i.e., no pillar extraction), the extraction ratio is usually less than 50% and generally no surface subsidence will occur. If pillar mining is employed, surface subsidence may occur, depending on the extraction ratio and the size of the remnant pillars (or stumps) left in the gob. The higher the extraction ratio, the smaller the stump pillars left behind in the gob. As the size of the stump pillars becomes smaller, the possibility of their support¬ing the roof without collapse is smaller. If all stumps are crushed completely, the roof will collapse and surface subsidence will occur. Again, whether surface subsidence occurs, it depends on whether the remaining stumps can support the overburden or not. Therefore, since the weight of the overburden which the stump pillars have to support is proportional to the mining depth, a fixed¬size stump pillar can support the overburden at a shallow depth, but will collapse under greater depths. In this context extraction ratio is not the only parameter for determining whether surface subsidence will occur. Furthermore, during pillar mining a pillar can be cut away in many ways to finally reach the same extraction ratio. Therefore, the safest way to determine whether or not sur¬face subsidence will occur in room and pillar mining is to compare the strength of all stump pillars in the panel of interest with the weight of the overburden that the pillars have to support. If they are too small to support the overburden, surface subsidence will occur. Under normal mining practices the characteristics of surface subsidence profiles vary with methods of mining. In the US there are two types of coal mining methods, i.e., longwall and room and pillar mining. Longwall mining is indisputably a total extraction method, but different percentages of coal recovery are achieved in room and pillar mining. Recovery is much higher for sections with pillar extraction than those without pillar extraction. For those without pillar extraction, coal recovery increases with increasing entry width or decreasing pillar size. For those with pillar extrac¬tion, the total coal recovery depends on the amount of coal ex¬tracted from each pillar which is in turn dependent on the roof conditions and methods of pillar extraction. Bauer and Hunt (1981) analyzed the characteristics of the subsidence profiles due to the three types of mining methods in Illinois. Fig. 8.1 shows the range of locations associated with the following profile features: profile edge, maximum tensile curvature, maximum slope, maxi¬mum compressive curvature, and maximum subsidence. The scat¬ter of the data increases with decreasing percentages of extraction. The profile is much sharper for longwall mining and becomes milder as percentage of extraction decreases; for longwall mining the profile edge is always beyond the opening, while in room and pillar mining it may fall within. The location of maximum tensile strain moves outward, while that of the maximum compressive strain moves inward as the percentage of extraction decreases and the maximum subsidence decreases with decreasing extraction ra¬tio. The general concepts discussed in this chapter may not apply to the entry development sections between two longwall panels where roof caving in both panels are very severe and overlap each other. Consequently, it must be treated differently. 8.2 CASE STUDIES Kohli et al. (1982) described several case studies on surface subsidence due to room and pillar mining with pillar extraction. In one case, the seam was 6 ft thick and ranged from 650 to 800 ft deep. The panel was 720 ft wide (Fig. 8.2) and was developed with seven entries. Each entry was 18 ft wide and the pillars were driven at 88 ft center-to-center between entries and crosscuts. Dur¬ing retreating, two additional pillars (pillars J and K) were devel¬oped, two blocks ahead of the pillar line, to take the barrier pillar, 160 ft wide, between panel No. I and No. 2. Pillar extraction began by taking a central slice across the whole panel, beginning from pillar 0 through J. After that, each pillar was sliced by 6 wing-slices, 3 on each side, leaving 4 stumps, 2 on each side. One of each pair was triangular shaped approximately 6 ft wide by 26 ft long. The other was trapezoidal, 26 ft long by 16 ft and 10 ft wide at the upper and lower bases, respectively. This resulted in a total extraction ratio of 85% within the panel. Obviously the stump pillars were not large enough to support the overburden and col¬lapsed completely. The final subsidence profiles were rather smooth, just like those under total extraction (Fig. 8.3). The max¬imum subsidence on Lines A and B was about 3 ft for an average mining height of 6 ft, but the locations of the maximum subsidence were skewed toward panel No. 1. Along Line D, the central por¬tion was flat-bottomed, but the maximum subsidence was only 2 ft, mainly because Line D was only two blocks from the right-side edge. Notice in every profile there was heaving of as much as 0.3 ft, beyond the edges above the solid coal. In another case (Fig. 8.4), the seam was 6 ft thick under 650 to 850 ft cover. Three panels, 710, 400, and 350 ft wide, respec¬tively, were extracted side by side. The entries were 18 ft wide and the pillars at 88 ft center-to-center between entries and crosscuts. Pillar extraction was practiced the same way as described previ¬ously. According to the mine maps, there was no barrier pillar left between the adjacent panels. Thus after extraction the three panels formed a common gob of more than 1460 ft wide. This was re¬flected in the development of the subsidence profile along the county road. After Panel No. I was mined, the maximum subsi¬dence of 1.2 ft occurred at Monument No. 1. This was increased to 1.6 ft after the extraction of Panel No. 2 and went to a further 1.8 ft after the extraction of Panel No. 3. The final maximum subsidence of 4.3 ft occurred at Monuments No. 6 through No. 8, while the remaining portion of the county road showed rebound. However it must be noted that the subsidence profiles were rather bumpy and fluctuated, perhaps an indication of the irregular stump pillars that were left and crushed at various time after mining. Moebs (1982) surveyed the subsidence profiles of four room

Jan 1, 1992

By Lawrence D. Meinert

Abstract-Most large skarn deposits are zoned in both space and time relative to associated intrusions. Zonation occurs on scales from kilometers to micrometers, and reflects infiltrative fluid flow, wallrock reaction, temperature variations, and fluid mixing. The most spectacular examples of skarn zonation usually occur at the skarn-marble contact, where transitions between monomineralic bands can be knife sharp. Other small-scale examples occur in zoned veins and individual mineral crystals. Although, visually striking and scientifically interesting, in mineral exploration these small-scale variations are less useful than deposit- or district-scale zonation. In most skarn systems there is a general zonation pattern of proximal garnet, distal pyroxene, and vesuvianite (or a pyroxenoid such as wollastonite, bustamite, or rhodonite) at the marble front. As well, individual skarn minerals may display systematic color or compositional variations within the larger zonation pattern. Such patterns are reviewed for 14 well-studied examples of Cu, W, Sn, Au, and Zn-Pb skarns. In addition, many deposits have endoskarn or other alteration of the associated intrusion, and recrystallization or other subtle changes have occurred in the surrounding wallrocks. Copper skarns, such as Mines Gaspé in Quebec and Big Gossan in Irian Jaya, have high ratios of garnet:pyroxene and are zoned outward from the intrusion, to garnet, to pyroxene, to massive-sulfide replacement and vein deposits. Garnets in Cu skarn are Fe-rich and change from dark red-brown near the intrusive contact to paler brown, green, or yellow in distal locations. Pyroxenes in Cu skarns are pale and diopsidic near the intrusion, and become darker and more Fe- and Mn-rich away from the intrusion. Tungsten skarns, such as Salau and Costabonne in France and Pine Creek and Garnet Dike in California, have intermediate ratios of garnet:pyroxene, are more extensive vertically and along strike than perpendicular to the intrusive contact, and have zonation patterns commonly complicated by overprinting of metamorphic lithologies. In W skarns, garnet is commonly subcalcic and the pyroxene is Fe-rich, reflecting particularly reducing wallrocks or great depth of formation. Tin skarns, such as Dachang in China and Moina in Australia, also can have subcalcic garnet and Fe-rich pyroxene, but this reduced mineral assemblage typically is due to an association with reduced S-type granites. Tin skarns differ from most other skarn types in having a late greisen stage that may replace earlier Sn-bearing calc-silicate minerals, thus liberating Sn to form cassiterite. Many high-grade Au skarns, such as Hedley in British Columbia and Fortitude in Nevada, have low ratios of garnet:pyroxene and are associated both with reduced plutons and reduced wallrocks. Goldrich zones occur in Fe-rich, pyroxene-dominant, distal skarn. Zn-Pb skarns, such as the Yeonhwa- Ulchin district in Korea and Groundhog in New Mexico, have low ratios of garnet:pyroxene and generally form distal to associated intrusions. These skarns also are zoned from proximal garnet to distal pyroxene and pyroxenoid (bustamite-rhodonite), with significant zones of massive sulfides within and beyond skarn. Manganese enrichment of most mineral phases, particularly pyroxene, is characteristic of distal zones. Fundamental controls on skarn zonation include temperature, depth of formation, composition and oxidation state of associated plutons and wallrocks, and tectonic setting. Most W skarns form at relatively great depth, 5 km to 20 km, with extensive high-temperature metamorphic and metasomatic mineral assemblages. In contrast, most other skarn types are relatively shallow, <10 km and mostly <5 km, with limited, lower temperature metamorphic aureoles. Differences in oxidation state correlate well with different skarn zonation patterns, particularly garnet:pyroxene ratios and compositions, and can be used in both classification of and exploration for s

Jan 1, 1997

By L. E. Green

For shortwall mining to be profitable, the additional capital investment of about $1 million for shortwall roof supports must be offset by decreased total operating costs and/or increased coal production. The Bureau of Mines therefore conducted a demonstration project to compare shortwall and room-and-pillar mining. Daily two-shift production from the bureau of Mines-Beth-Elkhorn Corp. shortwall demonstration n project averaged 975 tons of raw coal, compared with 905 tons from a room-and-pillar unit operating undo r similar conditions. The estimated direct operating costs for the shortwall and room-and-pillar unite were $4.21 and $4.03 pier ton, respectively. The profitability of the shortwall system was found to depend not only on the increased depreciation cost of the powered roof supports and the decreased cost of supplies and materials but also on such factors as the fixed and variable indirect costs and the selling price of the coal. Shortwall mining was demonstrated to be a viable alternative to room-and-pillar mining.

Jan 1, 1977

By Richard D. Miller

This Bureau of Mines publication contains analyses and related source data for 224 natural as samples from 18 States. Of the total, 191 sam¬ples were collected during calendar year 1981. The remaining 33 samples were collected during previous years, but releases, granting permission to publish were not received until 1981. All samples were obtained and analyzed as part of Bureau of Mines investigations of the occurrences of helium in natural gases of countries with free market economies. This survey has been conducted since 1917. The analyses published herein were made by the mass spectrometer and special helium apparatus described previously (1-2).3 The results of the investigation of the occurrences of helium are published annually to make the information available as soon as possible to the gas industry and the general public. Twenty-five publications have presented the results of 12,827 gas analyses made prior to 1981. The first three bulletins (1-3) contain analyses and related data on 5,218 gas samples collected from 1917 through 1960; these bulletins have been supplemented annually by information circulars (4-17, 19-24) containing 7,609 analyses of samples collected since 1960.

Jan 1, 1982

By C. L. Kosmoski

In recent years, coal mining safety has attained national attention due to several highly publicized disasters. Despite these threats to worker safety and health, the U.S. relies on the mining of coal to meet its need for electrical power, with 42% of electricity in the U.S. generated through the burning of coal (U.S. Energy Information Administration, 2012b; United Mine Workers of America, n.d.). Furthermore, the production of coal continues to increase and reach record levels every year (National Mining Association, 2012; U.S. Energy Information Administration, 2012a). For this reason, the coal mining industry must continue to find ways to protect its workers while maintaining productivity. One potential approach to protecting workers while maintaining productivity is through improving the safety culture at coal mines. In order to achieve this culture, operators, employees, the inspectorate, etc. must share a fundamental commitment to safety as a value. This type of culture is known in other industries as a ?safety culture,? and can be defined as the characteristics of the work environment (such as the norms, rules, and common understandings) that influence facility personnel?s perceptions of the importance that the organization places on safety. Fundamental to improving safety culture within an organization is understanding the existing safety culture; improvements cannot be made without first elucidating areas that require improvement. This manuscript details the process undertaken by researchers at the National Institute for Occupational Safety and Health (NIOSH) Office of Mine Safety and Health Research (OMSHR) to assess the safety culture at five underground coal mines across the United States. The purpose of this manuscript is to present the aggregated results from those five safety culture assessments conducted at underground coal mines. Additionally, some general recommendations for areas where coal mines might focus their attention as part of their attempts to improve safety culture are offered.

Feb 23, 2014

By Satyendra K. Singh

If the extraction is beneath massive roof strata, the roof tends to &apos;bridge&apos; across large spans without failing, the caving behaviour is complex and irregular. Understandably, these give rise to many geotechnical problems with safety implications and involving sometime huge direct and indirect costs. Only two important problems, &apos;feather-edging&apos; in pillar mining and `severe periodic weighting&apos; in longwalling, are discussed in this paper in the background of geomechanics investigations in Australia at Blue Mountain Colliery and in South Bulga Colliery respectively. `Feather edging&apos;- a major source of injury and fatal accidents in Australia and South Africa in such situations, refers to a phenomenon where the roof, at the goat edge, falls as a thin wafer of rock often suddenly, over-riding conventional timber breakerlines. The results of the first comprehensive, monitored trial in an Australian pillar extraction coal mine, suggests how the roof falls into feather-edging caving (generally) because of multiple shear-planes (interpreted) and how it may be alleviated. Because of complex fracturing behaviour of massive roof strata, periodic weighting at a longwall face is certain to manifest itself as &apos;yielding supports&apos;, heavy conditions&apos;, rapid convergence and in the worst case, as a cause of face stoppage. After briefly discussing the programme of instrumentation (in a chain-pillar and over the would-be goal) and results, this paper attempts to improve mechanistic understanding of the related geotechnical issues associated with the weighting behaviour and aims at establishing a &apos;threshold&apos; value of weighting severity index (suggesting intensity of periodic weighting) with an objective to optimise operational controls before mining through potential (future) weighting areas.

Jan 1, 2000

By Heath E, van Calsteren P, Turner S, McDermott F

U-Th isotope studies of recent volcanic rocks may be used to evaluate the depths and rates of melt generation beneath mid- ocean ridges and ocean islands. Island arc rocks exhibit a similar range in Th isotopes to that seen in both MORB and OIB, but while those with high (230Th/232Th) tend to have excess 238U, many of those with low (230Th/232Th) are in isotope equilibrium. The excess 238U is attributed to the preferential mobilisation of U in hydrous fluids from the subducted slab within the last 100,000 years, whereas the low Th isotope ratios in the higher-K arcs are primarily due to the introduction of subducted sediment. Preliminary results from mineral separates from lavas on Soufriere on the island of St. Vincent indicate that some of the minerals crystallised up to 50,000 years prior to eruption.

Jan 1, 1995

By Pollard DM, Willis GM

The removal of bismuth from liquid copper in a vacuum furnace was studied over a range of pressures. The rate determining step changes from diffusion in the gas at pressures above 0.2 Torr to approach the Langmuir evaporation rate at pressures of 10-2 Torr. Oxygen and sulphur were found to have a negligible effect on the rate. Bismuth removal from copper sulphide was found to be considerably slower than from copper. This is consistent with the known thermodynamic properties of ternary sulphide melts.

Jan 1, 1980

By André Xavier, Edim Bahamonde

En las últimas décadas ha habido un aumento del otorgamiento de concesiones mineras por parte del Estado peruano; sin embargo, paralelamente se ha incrementado el número de conflictos sociales. Ante este panorama, es necesario promover la participación de las comunidades a través de la conformación de comités de monitoreo ambiental participativo, como una herramienta que fortalezca las relaciones de confianza entre las empresas mineras, las comunidades y el Estado, de manera que se genere progreso en la línea de los Objetivos de Desarrollo Sostenible. Este estudio presenta los casos de los comités de monitoreo ambiental participativo de Orcopampa (Arequipa), Juprog (Ancash) y Mallay (Lima), como referentes de buenas prácticas que aportan al mejoramiento de la prevención de conflictos socioambientales.

Sep 20, 2019

By Louis A. Panek

Determining the change of stress in rock based on measurements of the deformation of a drill hole is a procedure that is increasing in popularity. A closely related procedure involves the applicat10n of this principle to determine the existing stresses in a rock medium, by cutting free (core drilling) an annulus containing the drill hole. In this Bureau of Mines report, expressions are derived from which one can calculate the stress ellipsoid--the three-dimensional change of stress, or the existing three-dimensional stress field, as the case may be. Study of these equations shows that the stress components in three dimensions can be determined by measurements in only two drill holes, and yields general principles that are useful in planning an efficient program of drilling and measurement. Procedures are given for calculating the least squares estimates of the stress components and their standard errors, and for evaluating or comparing calculated values by means of standard statistical inferences.

Jan 1, 1966

By Graham Daws

State of the Art Room and Pillar mining techniques have been employed at two coal mines in the UK in the last two years. This paper describes the design of pillars and rockbolted support systems for Room and Pillar mining operations in these collieres. Within the last year, rock mass classification systems have been used in the design process of a room and pillar mining layout at one of these collieries. In particular, the roofbolt support system was detailed using these techniques and the support system was linked with operational aspects such as depth of cut. The depth of cut was initially estimated using rock mass classification systems and then verified by a stand up trial which was monitored remotely. The stand up time has a direct influence on the operational aspects of the mine and this is described. The design was verified by performance monitoring and the results are discussed. The importance of understanding the role of rockbolting is emphasised along with some examples of accurately determining in-situ bolt performance. The paper also recommends some modifications to rock mass classification systems when applied to underground coal mining operations.

Jan 1, 1998

By Giovanni Barla

The stress-relief method for the determination of the ground stress tensor is a common procedure in rock mechanics. In particular, the method of applying gauges to the end of a borehole is a well-established technique. Investigations, both experimental and theoretical, indicate that large discrepancies can exist in the determination of the ground stress tensor when the rock substance is not the ideal elastically isotropic material assumed for the reduction of data. The purpose of this paper is to extend the analysis of strain gauges applied to the end of a borehole to rock material more closely approximate to an orthotropic substance.

Jan 1, 1969

By Thomas C. Mowatt

Chemical and petrographic studies were carried out on selected tin-bearing rock samples of contact-metasomatic origin from the Cassiterite Creek and Brooks Mountain areas, Seward Peninsula, Alaska. The tin content of rocks ranged from 0.39 to 8.9 pct. Leaching with a 20 pct hydrochloric acid solution released from 19.3 to 67.9 pct of the tin. Cassiterite was not observed in the rock samples. These results are significant with regard to tin recovery and reserve delineation in these and similar occurrences. Part of this leachable tin may be associated with metasomatic borate minerals.

Jan 1, 2011

By Savage E. N

The porphyry copper minerals of Melanesia occur within a host of narrow veinlets in predominantly quartz diorite stocks or as contact metasomatic masses in skarns adjacent to the intrusion. Some 90 per cent of the constituent minerals comprise pyrite or marcasite, chalcopyrite, and magnetite with the remainder mainly bornite and hematite with accessory rutile and chalcocite together with several trace minerals. Gold is found mainly as inclusions in chalcopyrite, and minor molybdenite occurs likewise.Of particular significance is the persistent occurrence of accessory rutile of hydrothermal origin intimately intergrown with chalcopyrite. The rutile occurs relatively late in the hydrothermal sequence and upon weathering of the deposit may be released on a cumulative basis possibly in sufficient amounts to constitute a particulate pathfinder mineral which may aid in prospecting.Rutile is present in all the Melanesian occurrences studied and is also prominent in several American deposits.The porphyry copper mineralogy is characterized by the presence of accessory hydrothermal rutile intergrown with chalcopyrite.

Jan 1, 1975