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Hydrogen and carbon monoxide reduction data were obtained on pelletized materials of the type currently being prepared commercially in Australia.Pellets, approximately 1 cm diameter, made from Deepdale, Iron Prince, and Mt. Newman iron ore were reduced by hydrogen over the temperature range 500°-900°C and the reduced pellets were examined by thermogravimetric, microscopic, electron probe, and x-ray techniques. After an initial time delay it was found that up to 95 per cent reduction the data could be described by a porous model where gaseous diffusion through the solid is rate controlling. Independent measurements of effective diffusivity supported the values obtained from the reduction data. Above 95 per cent reduction the rate decreased markedly due to the formation of retained wustite or fayalite.Comparison with reduction by carbon monoxide over the temperature range 750°-900°C showed that the rate of reduction was approximately five times slower than for reduction by hydrogen.The rate of reduction was found to be a function of the initial properties of the pellets which may account for the widely conflicting results that have been obtained with previous investigations on porous pellets.

Jan 1, 1971

By Yuanming Pan, Brett Rogers, Baoquan Hu, Gary Yeo, Christine Austman

The nature and distribution of radiation-induced defects (RIDs) in quartz from the Maw Zone, a yttrium- and rare-earth-element-enriched sandstone breccia complex exhibiting intense hydrothermal alteration, have been investigated by electron paramagnetic resonance (EPR) spectroscopy. EPR spectra show that detrital quartz in sandstone, from five diamond drill holes intersecting the Maw Zone and one above the crest of the so-called Quartzite Ridge, contain only background-level RIDs, indicating that Ubearing fluids were absent in this area. However, close to the sandstone-basement unconformity, in hole WR-194 immediately west of the Quartzite Ridge, the concentration of RIDs in detrital quartz is significantly above background but at least an order of magnitude lower than those at the Key Lake and McArthur River deposits. Widespread drusy quartz at the Maw Zone, which signifies intense hydrothermal alteration, is associated with hematite-, sulfide- and carbonate-bearing mineral assemblages, which exhibit complex crosscutting relationships. EPR spectra of drusy quartz in all three types of mineral assemblages are low in RIDs as well, supporting the EPR evidence that fluids at the Maw Zone did not carry significant U. These EPR results suggest that, in spite of intense hydrothermal alteration and favorable structural geology, the Maw Zone is unlikely to host any significant U mineralization. Moreover, this study shows that the EPR technique is potentially a useful exploration tool, capable of determining whether individual alteration zones in the Athabasca Basin were associated with U-bearing fluids or not.

Jan 1, 2013

The Harmonious Design on the Beneficiability for the Pt-Pd Ores Containing High MgO Gangue in Yunnan

Sep 13, 2010

By D Mnller, J L. Mauk

The Oblaga Cu-Au skarn deposit and porphyry prospect is located in the south-eastern edge of the Gobi Desert in western Inner Mongolia. The deposit occurs within metamorphosed middle Paleozoic volcanic, plutonic and sedimentary rocks.   Ivanhoe geologists recognise eight main rock types in the area. Calcareous sediments include conglomerate, interlayered siltstone-sandstone, and limestone. Covering the calcareous sediments is a slab of thrusted biotite granite, and above it is rhyodacitic lithic tuff which, in places, is overlain by alluvial sediments. Various plutonic rocks and related intrusion breccias have intruded these units. Monzodiorite, quartz-monzonite and monzonite tend to form thin, high-angle intrusions and the youngest andesitic intrusions are generally wider and subhorizontal.   The Oblaga Cu-Au skarn, which occurs in the calcareous sediments, shows typical prograde and retrograde mineralogy. Petrographic studies show that prograde skarn minerals have been overprinted by retrograde skarn minerals, and original host rock minerals have been texturally obliterated and completely replaced. The mineralogy of the Oblaga skarn deposit is very similar to other Cu-Au skarn deposits worldwide.   Sericitic and minor chloritic alteration occurs throughout the study area and may relate to porphyry-style mineralisation. Generally, this alteration is not intense and most rocks have retained their original texture. Geochemical analyses suggest that K-metasomatism is not widespread at Oblaga. XRD analyses suggest an upward and outward transition from sericitic to chloritic alteration.   Comparisons between Oblaga and other porphyry Cu-Au deposits worldwide show that Oblaga has very similar characteristics to deposits that have undergone sericitic alteration. However, Oblaga is special because it also has relatively intense chloritic alteration, which is uncommon in other porphyry Cu deposits described in the literature.

Jan 1, 2005

By A. E. Kehew

Earth resistivity surveys using the Wenner electrode configuration were made in unmined areas and reclaimed spoils at three surface lignite mines in western North Dakota. The study sites were the Center, Indian Head, and Falkirk Mines. Automatic interpretation of the curves was accomplished with the method of Zohdy and Bisdorf (1975). Overburden materials become more homogeneous with respect to resistivity during the mining and reclamation process. The spoils curves show localized hetero-geneities probably related to discontinuous moisture content variations in the spoils. Consistent resistivity differences in spoils occur between mines with over-burdens of different mineralogic compositions. Groundwater chemical composition in terms of total-dissolved-solids (TDS) is inversely correlated (r=-0.61) with apparent resistivity at the 80-foot spacing from a survey centered at a piezometer screened near the base of the spoils. Better inverse correlation is probably pre-vented by high variability in TDS within the spoils groundwater. A useful predictive relationship may be the plot of mean apparent resistivity at the 80-foot spacing for ar. entire mine against mean TDS for all wells in spoils at that mine. Data from more mines are needed to test the hypothesis.

Jan 1, 1982

Safety is the No. 1 concern of any drill contractor or mine operator. Everyone in the industry knows a safe site helps stabilize operational costs and enables higher productivity. When it comes to exploration drilling, research has proven a majority of injuries are caused by the mishandling of coring rods. A driller helper will typically handle up to 50 rods per shift or up to 15,000 rods per year. With an annual 340 t (750,000 lb) in rods managed by hand, the risk of serious injury is extremely high. Because of this, the top request from the exploration industry is diamond rod handling. The Boart Longyear 4200 surface exploration drill, slated for release in 2009, will give the industry a hand-free, operationally safe rig.. Developed through the collaboration of its global drilling services and products divisions and targeted at the 1,200-m (3,900-ft) NQ market, the upcoming Boart Longyear 4200 surface exploration drill features the safest and most flexible rod management sys-tem in its class. The rig includes the industry?s first, truly hands-free rod handling system. This increases operator safety on the jobsite. In addition to the rod handler, the rig also features many new innovations that boost productivity and rig efficiency while minimizing the risk of downtime due to component failure or operator error. Boart Longyear has also included an intelligent PC-based operating system designed to allow complete drilling control as well as diagnostics reporting for the rig.

Jan 1, 2009

MR. McKEEVER: I think we had to start some- where. The proceeds of the beltbuckles and hard hat stickers will certainly be a beginning in a scholarship for some of our young people. And maybe, you know we might even get one of them sometime to go to the University of Oklahoma. A few years ago the luncheon speaker for tomorrow, Brooks Mitchell, got a few of the mine presidents together and we spent a full five hours of just dedicated listening to Carl Terzian. We listened basically on three subjects: how to work with the media, how to work with image, and how to identify with our political systems and those who are in them. I remember that as one of the turning points in my perspective on how our system really works. This gentleman who will be addressing you today, Mr. Terzian, will be conducting about a three-hour session tomorrow. And it's a shame that our other activities will not allow some of the golfers to probably be there. Those of you who can come to the session tomorrow morning will find it most rewarding. A little bit later on we will also have a panel session. And I see all of the panelists are here except for Bob Golten, but I understand that he is registered. We should have a full afternoon session with Charlie and his panel. When we started working on this, we naturally went back to Carl Terzian to give us some guidance. If there is anything wrong with your session, it's my fault because he knows how these should be done and he guided us along the way. One thing that I am sorry, it wasn't his fault necessarily, is that Harry Reasoner will not be with us for lunch tomorrow. Brooks Mitchell is going to make all of the PR he can out of the fact that Harry got scratched and he got in place for him. Brooks gave me one comment along that line. He said, "Do you know what you get when you cross a gorilla with a computer"? Of course I bit on that. He said. "Well, you get a Harry Reasoner." A little over a month ago I was invited out to California to Woodbury University at Carl Terzian's insistence. I happened to be sitting by one of his vice presidents. It was a formal affair. We had to wear tuxedos and everything and Mr.Green was sitting there and he said, "You know," he didn't know who I was at that time, but he said, "You know Carl really didn't want this formal affair. Said he had a couple of friends coming from the coal mining industry and they wouldn't know what to do with tuxedos." So with that Carl, we will start this little session and it's your mike. MR. TERZIAN: Thank you very much Ira. Let me begin by expressing my appreciation to the men and women of the Institute for allowing me to be here. I'm deeply concerned about my reputation, my image and don't want you to get the inference that I am responsible for Ira McKeever's image. Nobody could be responsible for that! But it is a great case in point that we all should be concerned about our images. I guess tomorrow morning from about 8:30. a.m. to about 11:30 a.m. we are going to do a? hopefully, a productive and very pleasant expertence for all of us in this growing field and great interest that people have in the area of image. I happen to be from Los Angeles. I have a national firm which has handled about 600 corporations', over the years through the areas of public relations,' community, civic involvement all built around a strengthening and safe guarding our precious, free enterprise system. And the message that I hope to give you, as you will be eating your lunch today, is really not so much about the image of individuals but as the attitudes built on what Bill Banowsky

Jan 1, 1982

By Michael Young, Peter Allum, Mingwei Gao

"Tough economical conditions and high grade but fine-grained ore processing have forced the mining industry to look for more efficient processes. Isa Mill Technology for ultra-fine and fine grinding is one such process employed at several mining operations in Australia including Mount Isa Mines Limited in Australia. Mount Isa Mines is a business unit of MIM Holdings Limited. MIM is an Australian-based international mining and mineral processing company with around 8000 employees worldwide. Major products include copper, gold, zinc-lead-silver, coal and technology sales.The Isa Mill is a horizontal stirred mill with sizes up to 3 m3 chamber net volume and 1 120 kW installed motor. It was jointly invented by Mount Isa Mines of Australia and Netzsch Feinmahltecknik GmbH of Germany for ultra-fine and fine grinding duties in the minerals industry. Isa Mill operations started in 1994 at the Mount Isa Mines Leadzinc Concentrator and then at MIM’s McArthur River Mine in 1995. These Isa Mills have been used to liberate sphalerite and galena at Mount Isa and silica at McArthur River by grinding to less than 7 micron.This paper discusses the Isa Mill Technology and reports on the metallurgical performance of the Isa Mills at Mount Isa Mines, including work done over the last 9 years to improve mill design, process efficiency and maintenance, which has resulted in the current state-of-the-art Isa Mill Technology.INTRODUCTIONThe current leadzinc deposits at Mount Isa Mines (George Fisher, Hilton and Isa) have an average grade of 10.5% zinc, 7.2% lead and 165g/t silver. Fine grinding, in particular in the zinc retreatment circuit requiring a milled product P80 of 7 micron, is essential to treat the ores from the Mount Isa Mines deposits. Every one micron size reduction in the zinc retreatment circuit below a P80 of 10 micron improves the overall plant zinc recovery by 1%, resulting in an increase in revenue of about 1 million dollars per annum."

Jan 1, 2002

By Mech B

This paper gives a general description of mining practice at The Zinc Corporation Ltd., Broken Hill, New South Wales.The basic mining methods are those which have been common in Broken Hill for many years and have been well described in previous Proceedings. The main object of this paper is to indicate developments which have occurred in recent years and to describe changes in layout, mining methods and equipment which are taking place at present.The following headings have been adopted: History Geology and general characteristics of the orebodies, Geology, The lead lode, The zinc lode, General characteristics, Ore reserves, General mining method, Exploration and diamond drilling, Shafts and shaft sinking, Main shaft, Old main shaft, Block 5 shaft, New upcast airway, Development, Level interval, Level layout, Driving and crosscutting, Winzing, Rising, and Stope preparation.

Jan 1, 1946

By Bülent Erdem, Zekeriya Duran, Tuğba Doğan

The objective of this study was to evaluate the potential health risk associated with exposure of dozer operators to whole-body vibration. Measurements were made on 31 dozers used in different surface mines in Turkey. Predictions of adverse health effects of vibration were based on the standards BS 6841:1987, ISO 2631–1:1997, ISO 2631–5:2004, and the EU Vibration Directive:2002. Operators experienced high and comparable levels of vibration acceleration and dose during all dozer tasks: pushing the material (DOZE), moving forward (FORWARD), moving backward (REVERSE), and ripping (RIP). Specifically, DOZE, FORWARD, REVERSE, and RIP showed high potential of adverse health effects in terms of vibration dose according to the worst-case axis and vector sum criteria and a moderate adverse health effect for acceleration according to the worst-case axis criterion. Operators of large dozers were exposed to lower levels of vibration. However, no statistically significant relationship between vibration exposure levels and the propelling mechanism and the service time of dozers, operator experience, operator age, and ground type was found.

Jun 16, 2022

By Robin B. Dill, Mark Pelletier, Daniel J. Dobbels, Subodh Bhaumik, Daniel J. VanRoosendaal

Although primarily cut-and-cover excavations are required for replacement of the existing elevated I-93 interstate highway through the heart of Boston for the Central Artery/Tunnel (CA/T) project, some mined tunnel construction was also undertaken. The mined tunneling conducted was the 22-m-wide northbound roadway structure which passed below a 20-m-deep operating underground subway station that was built in 1913. The innovative underpinning scheme used to support the subway station during construction resulted in the successful mining beneath the subway station with negligible vertical settlement. Two grouting galleries were carefully mined below the subway structure, and pre-grouting of the granulary, pervious glacial soils and weathered bedrock was carried out from these galleries. The reinforced concrete walls of the underpinning structure were constructed within three stacked drifts that were sequentially mined below each grouting gallery. After 11 cross adits were mined between the grouting galleries, cast-in-place post-tensioned girders that spanned between the stacked-drift walls were constructed to support the subway station. The stacked-drift walls also provided lateral support for the 22-m wide by 29-m long by13-m high opening beneath the girders.

Jan 1, 2001

By Allen Chung, John Twomey, Christopher J. Greet

"It is widely accepted that the type of grinding media has an impact on the grinding chemistry and subsequent flotation behaviour of the sulphide minerals being separated. There are countless laboratory investigations demonstrating that inert grinding media produces more oxidising pulp potentials, reduced levels of grinding media corrosion products and superior concentrate grades and valuable metal recoveries. However, taking these results to industrial scale has proven difficult.Work conducted at the Ernest Henry Mine, in north western Queensland, Australia, at laboratory and pilot plant scale clearly indicated that using a high chrome grinding media resulted in significant improvements in both copper and gold recoveries. However, advancing this work to plant trial represented considerable financial and technical risk to the mine.This paper provides details of the protocol developed and used during the high chrome grinding media plant trial. It describes the test regime employed to measure changes in pulp chemistry, and the statistical methodology utilised to interpret the results. The work also highlighted the need for close cooperation between the metallurgists on site and the researchers conducting the trial.To date, the trial has produced excellent results: indicating that the copper recovery has improved by about 2 percent. The successful application of high chrome grinding media to the Ernest Henry ore has increased metal value by $18.7 million USD per annum based on current spot price for copper.INTRODUCTIONTheoryThe application of electrochemically inert grinding media to mineral systems has been extensively studied (Table 1). Broadly, these studies indicate that most sulphide minerals are more noble than the grinding media used during comminution. Therefore, the sulphide minerals are cathodic with respect to the forged steel grinding media, and the following reactions apply:"

Jan 1, 2011

By F. B. Henderson

1.0 PROLOG Since the "end" of the Cold War, revolutionary new research and commercial remote sensing capabilities are being developed that will dramatically change the way we map the earth and address its environmental problems. The technology challenge is not the growth of new environmental remote sensing technologies themselves. It is, rather, how these new innovative observing systems can be accepted and used to the benefit of both the regulatory and the mining communities in the light of present concerns about unknown risks of discovery and liability. The basis for this paper is an unpublished technology primer prepared for the industry-government Workshop on Advanced Measurement and Site Characterization for Mining Impacts held at Colorado School of Mines, Golden, Colorado, July 14-17, 1997

Jan 1, 1999

By A. Karadogan, G. Tuncer, A. Kahriman

Determination of optimal blast parameters have been the priority act for blasters on the field due to financial and technical properties of the operation. Therefore many researchs were done to establish a general formula for many years. These intends could reach some empirical and numerical design frames consisting the rock, geology and explosives properties. Blasting parameters have to be adjusted according to the desired fragmentation rate especially on the mines where particle size distrubition after blasting has a great importance. Therefore the blast designs have to be evaluated considering the particle size distribution after the blasts. The Kuz-Ram model which was modified by Cunningham is one of the tools for estimating the particle size. Although it doesn’t give an accurate result, it can be very succesful on modifying the blasting design parameters by establishing a back correlation between the blasting parameters and the exact particle size distribution results which can be easily achieved by digital image processing system. Within the scope of this study, the particle size distribution after blasting was assessed by Split-Desktop digital image processing system and bench blasting parameters were studied considering the desired particle size distribution at Espey colemanite mine using Kuz-Ram and digital image processing system combination to determine the specific blasting parameters for this site.

Jan 1, 2005

THOUGH the literature on the chamber process is considerable, it mostly refers to European conditions. Owing to the demand for acid for flotation and leaching at the mine, it may be necessary to work the process under other conditions. Consequently, some results obtained during the chlorination days at Mount Morgan, within the Tropic of Capricorn, may be useful for reference when working in a similar climate. Though the chambers must be protected against tropical storms, thorough ventilation should be provided, with plenty of space between the chambers, which are almost invariably crowded together. Not only does the space assist in the cooling of the chambers, but it is very desirable during repairs, when lead andtimber have to be hoisted up. The connecting flues between the chambers, which are fairly efficient mixers and condensers, should be round, supported from above, and with the least possible timber about them. Their position and arrangement deserve careful attention. Lattice work will be sufficient protection for the sides of the chambers, and the roof should be high and well ventilated. The Mount Morgan plant, crowded and not well situated, consisted of seven chambers (four over 50 ft. in length), one Glover tower 7 ft. 2 in sq. x 20 ft. high, one Gay Lussac 9 ft. sq. x 30 ft. higb, also one 5 ft. diam. x 25 ft. high. There was one pipe column 4: ft. sq. x 14 ft. 6 in. high. The chambers were run as one unit, and were much lower than those usually constructed in Europe-less than 15 ft. high. Provided that suitable timber can be obtained, 20 ft. is quite low enough. It should be quite satisfactory to use round poles for the studs, and so admit more air space between studs andlead.

Jan 1, 1920

By P. J. Mackey

New and emerging, as well as proven technologies for the smelting of copper, nickel, lead and zinc are briefly reviewed. The number of new technologies available today is greater than at any time in the past, and interest and development activities remain high despite the economic dif-ficulties faced by the non-ferrous metallurgical industry. Part of the impetus is provided by the realization that only the most cost effective producers will remain competitive, and that new technology is one key to cost effectiveness. The commercially proven "new" copper smelting processes can now be considered to be conventional- technology, and are expected to dominate copper smelting for acme time. There is a growing. interest in continuous copper converting, although direct smelting and converting to copper in one vessel remains the- ideal. There is little activity in nickel smelting. After many years. of development, it appears that several new direct lead smelting processes will soon be a commercial reality. The electrolytic zinc process is expected to continue its dominance, although there is a renewed interest in pyrometallurgical approaches. One of the new zinc processes, and a molybdenum smelting process, illustrate the possibilities of using plasma technology in non-ferrous metallurgy. In the area of complex sulphides, there is perhaps less interest in the treatment of bulk con¬centrate, and more in the treatment of so-called dirty copper concentrates. Much of the technology ancillary to smelting has remained relatively unchanged, and more effort must be made to advance the technology in areas such as materials handling, gas cleaning and sulphur fixation, and energy recovery. More attention to engineering design is also needed. Escalating capital costs may make mini-smelters attractive, but imaginative technology and innovative engineering will be required to make them cost effective. Finally, a glimpse is offered of the smelter of the future.

Jan 1, 1983

By Neil A. Brown

The trona deposits near Green River, in southwestern Wyoming are world class in size and quality. They contain more than 25 times the reserves of the next largest trona deposit at Lake Magadi in Kenya. Based on present rates of production, the Green River reserve should last for more than 500 years. Since their discovery in 1938, the Union Pacific Corp. has been instrumental in the promotion, development and production of soda ash in Wyoming. Union Pacific spent several years drilling the deposits and trying to promote them to chemical companies. In 1947, Westvaco and Union Pacific entered into what became the first trona lease agreement. Today, the Green River Basin leads the world in soda ash production, accounting for about 25% of the world's supply. Green River producers process more than 14.5 Mt/a (16 million stpy) of trona to produce more than 8 Mt/a (9 million stpy) of soda ash. The future for Green River soda ash looks good, with more of the world looking towards the cheaper and higher quality source of soda ash coming from the natural deposits. Production from the Green River deposits should continue to grow as trade barriers and tariffs begin to fall in Europe and energy and environmental costs force the synthetic producers to exit the market.

Jan 1, 1995

By Thomas A. Simpson

Traveling through the moors and valleys of Cornwall, England, one is reminded of the extensive mining activities of the past. Abandoned shafts, remains of granite block wheel houses and engine houses, battered brick stacks, old calciners, overgrown water wheel pits, count house remains, overgrown waste pits, and old portals are gaunt monuments to a once flourishing mining industry. Cornwall is bordered on the north by Devon and occupies the south-western most tip of Great Britain. The Atlantic Ocean borders the promontory; to the north, the mouth of the famous Bristol Channel faces the open sea; and to the south, the English Channel separates the land masses of Great Britain and Europe. This part of England is probably the most extensively mined ground in all of Europe. Such great mines as Dolcoath and Wheel Vor, Consols and South Carodan, Levant and Bottalack, remain legendary in the annals of metal mining in the nineteenth century. Many US mining districts hold close ties with Cornwall, Devon, and Wales through ancestors who emigrated from there to work in US mines in the eighteenth and early nineteenth centuries. Their descendants can be found in many major US mining districts, and their terms, expressions, customs, and methods have left an impact on the US mining scene that remains with us today.

Jan 9, 1981

By C. O. Karacan, S. J. Schatzel, W. P. Diamond

In coal mining, longwall mining is a preferred method to maximize production by extracting large blocks of coal that have been outlined with a set of development entries. In U.S. mines, longwall panels are typically 305 m (1,000ft) wide (with a continual trend towards even wider panels), and usually over 3,050 m (10,000ft) in length. The increasing size of longwall panels, while helping to increase coal production, may also increase methane emissions due to the exposure of the mining environment to a larger area of fractured, gas-bearing strata. Thus, understanding the impact of increased panel widths on methane emissions, and designing gob gas ventholes and bleeder systems accordingly, can enhance the safety of the underground workforce by reducing their exposure to potentially explosive accumulations of methane/air mixtures. As part of its mine safety research program, NIOSH’s Pittsburgh Research Laboratory has initiated a reservoir modeling effort to better understand the interaction of the various geotechnical factors influencing gas flow within and to the underground longwall mining environment. A focus of this modeling effort has been 1) the prediction of the incremental amount of methane emissions to be expected due to increasing longwall panel widths, and 2) optimizing gob gas venthole completion practices to capture more of the gas in the subsided strata above longwall panels before it can enter the ventilation system of the underground workplace. The history matching phase of the study has been carried out on a 381-m (1,250ft) wide panel in the Pittsburgh Coalbed. Simulations have also been completed for a 442 m (1,450ft) wide panel to estimate the incremental increase in methane emissions and the performance of current gob gas venthole placement configurations. Additional venthole placement configurations were simulated to investigate options for optimizing methane capture from the subsided strata above the wider longwall panel.

By W. Sondermann

"AbstractWith the increasing demand in reuse of inner city areas and the urgent need for deeper foundation pits under cramped circumstances, adjacent structures close to and high ground water level, the well-known established technologies especially with small to mid-sized dimensions are often too time consuming and occasionally not economic to install lateral support systems. The alternatives for these specific cases could be the usage of the deep mixing technology to create lateral support systems in reinforcing the deep mixing elements additionally to transfer the horizontal loads from earth – and water-pressure.With increasing demand in depth and water tightness, verticality and overlapping of single column solutions are becoming the key in execution. In addition, for some applications subsoil-conditions were not ideal for wet deep mixing technologies. The tubular soil mixing system (TSM) as a combination of mechanical mixing and support of hydraulic cutting by jet grouting can provide solutions toovercome these challenges.1. Current market conditions and trendsThe present financial crisis and the efforts not only to consolidate national budgets, but also to rescue certain banks, have not left the building industry unaffected either. Some drastic cutbacks to public budgets, along with the increasingly restrictive granting of credit for the financing of construction projects, have led to enormous over-capacities in the building sector, with purely negative impact. As a consequence of these negative developments, many companies are experiencing the pressure to restructure more quickly and to reduce costs but at the same time to keep the consequences of all activities, both externally and internally, within limits acceptable to employees, owners and finance institutions and last but not least consumers."

Jan 1, 2014