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By James L. Poole

INTRODUCTION Companies in the mining industry are subjected at times to currency exchange rate risks and interest rate risks. The former occurs any time a firm deals in more than one currency. The latter occurs anytime a firm is financing itself with borrowings that have a floating interest rate (although a fixed rate can be a problem at times). FOREIGN EXCHANGE RISKS There are two general reasons why exchange rate risks (FX risk) can occur: First, a firm may be building a mine or plant in another country where financing for the plan is denominated in funds other than the country hosting the plant. For example, if a Canadian firm is building a smelter in another country which is being financed with Canadian dollars, the C$100 million for labor, which must be paid in the local currency, has subjected the firm to a C$100 million FX exposure risk. If after the cost estimates were made the local currency appreciates 30% against the Canadian dollar, the cost of labor has increased to C$130 million. (Of course, the local currency could also devalue during this period making the labor cost component less than estimated.) The other reason exchange rate risk arises is due to the fact that the costs of production in one country producing minerals may be incurred in one currency while the production is sold in another currency, such as coal being exported from Canada to Japan under contracts denominated in Yen. In this example, the Canadian firm is exporting coal to Japan and being paid in yen in 30 days at a contract price of 100 Y per ton. Furthermore, assume that the mining firm anticipates a depreciation of the yen against the Canadian dollar of 5% in the next 30 days. Therefore, the mining firm stands to lose 5% of the value of its shipment in a month's time not including carrying costs. In both cases, the mining company risks an adverse change in the exchange rate, that is, the currency the company holds may decrease in value relative to the other currency. There are a number of ways to mitigate the exposure to foreign exchange which can be utilized by the mining company. Optimally, a company should try to match all their inflows and all their outflows in the same currency. For example, if a Canadian firm has mining costs and debt service costs both denominated in Canadian dollars then 100% of their receipts would need to be in Canadian dollars. If a Canadian firm has 70% of its cash outflows in Canadian dollars and 30% of its cash outflow in American dollars in the form of a loan amortization then their receipts would need to be 70% in Canadian dollars and 30% in U.S. dollars. This general principle of matching cash receipts and cash costs in the same currency works fine in a perfect world but what of the real world when these cannot be matched? In actual practice, however, the financial markets have developed a number of ways in which foreign exchange risks can he managed or reduced. FORWARD MARKETS One method is to use the forward markets which are made on a world-wide basis by the commerical banks for foreign exchange. If a firm wanted to lock in the current exchange rate for the receipt of a foreign currency at some point in the future, they could do so by contracting on the forward market with a bank selling that foreign currency at the current rate at the future date. For example, assume that a Canadian firm is exporting coal to Japan which would pay yen in 90 days. If a firm wanted to lock in today's exchange rate they could contract with a bank to sell on the forward market yen in 90 days. When the yen was received the contract would be executed by selling the yen to the bank and receiving the previously agreed upon number of Canadian dollars. Generally speaking, the forward market can be used to sell forward about 12 months. The costs of selling (or buying) forward

Jan 1, 1985

Discussion of the paper of Frederick Laist, presented at the Butte meeting, August, 1913, and printed in Bulletin No. 79, July, 1913, pp. 1147 to 1162. J. C. DICK, Salt Lake City, Utah :-I would like to ask Mr. Laist why a 10 per cent. salt solution was used. MR. LAIST :-The reason for using salt in the solution is to get .the sulphur. The solution of dilute sulphuric acid has no solvent action on the sulphur even after roasting, and the addition of the salt is made primarily to dissolve the sulphur chlorides. MR. DICK:-I would like to ask also if you made any experiments as to grinding fine your calcines, rather than leaving the coarse material. MR. LAIST :-We have not made any experiments along those lines except in the laboratory, but the objections which we have to grinding are that the difficulties of roasting are very much greater when roasting finely ground material than when roasting coarse material, and the difficulties of leaching are somewhat increased; the percolating system is simpler and easier to manipulate, particularly when acid solutions are used, so that we prefer from our experience not to grind. STUART CROASDALE,* Denver, Colo. (communication to -the Secretary +) :-In order to meet the conditions involved in his ore-treatment problem, Mr. Laist has developed a very interesting and apparently successful metallurgical hybrid which he calls the oxychloridizing roast. The lower floors of the MacDougall furnaces are made to accomplish what used to be done on the " cooling floor" in the old days of salt roasting and " hypo " or brine leaching of silver ores.

Jan 11, 1913

By Albert Stazicker

AT Climax the warehouse department operates as an independent unit similar to the mine and mill departments. It has the responsibility of receiving, checking, unloading, and storing all material and supplies delivered to the plant. In addition, the transportation of all supplies comes under the direction of the warehouse so that prompt delivery of supplies to all departments is one of its major functions. The transportation division operates heavy and light trucks, trailers, two large tractors, and two snowplows. In addition to delivering supplies it is also responsible for snow removal from the roads, hauling of sand and gravel for concrete and domestic coal to employees. and all miscellaneous work involving the use of tractors or trucks.

Jan 1, 1946

By Sandford S. Cole

Manganese compounds occur in many mineral forms widely distributed throughout the crust of the earth. The most important of these commercially are the oxides which are usually found as irregular masses, but in some places (notably U.S.S.R.) occur as extensive beds of varying thickness and purity. The principal sources of ore have been U.S.S.R., Ghana (the Gold Coast of Africa), India, Union of South Africa, Belgian Congo, French Morocco, Cuba, Brazil, and Mexico. New developments of ore are being conducted in Brazil, British Guiana, French Equatorial Africa, and Northern Rhodesia. The production of the United States normally meets less than 10 pct of domestic manganese consumption. Manganese ore (35 pct or more Mn) is used principally by the ferrous metallurgy industry for production of manganese metal, ferromanganese, and other manganese alloys for use in production of steel ingots and castings. Some manganese is used in the nonferrous industry as an alloying element and cleanser in aluminum alloys, aluminum bronze, constantan, manganese bronze, Monel, Everdur, nickel-chromium resistance alloys, and nickel-silver. The metallurgical uses consume about 97 pct of the total manganese ore requirements of the United States. The balance goes principally for the manufacture of dry cells and for chemicals, with limited amounts for ceramic products, plastics, welding rods and varnish. The Materials Survey on Manganese, compiled in 1952 for Materials Office National Security Resources Board by the Bureau of Mines and Geological Survey, provides an excellent review of resources, reserves, specifications, uses, mining, beneficiation, metallurgical processes and deposits, and is worth referring to for greater details. Mineralogy and Geology The more common manganese minerals with typical characteristics are listed in Table 1 in order of importance. [ ]

Jan 1, 1960

By Dogan E. Gücer

In the following note, with the help of a new parameter of strain hardening, the attention is drawn to the close relationship between the relative performances of steels under plastic range cycling and their strain hardening characteristics. If a cantilever beam of rectangular cross section is tested with the arrangement shown in Fig. 1 in reversed bending between constant deflection limits at the lever head, the longitudinal strain-deflection hysteresis shown in Fig. 2 is obtained. There is no lateral strain due to constraint at the rectangular test section.' If the absolute value of strain undergone between a maximum state of tension and maximum state of compression is called A, it will be seen that A decreases with cycling rapidly due to the strain hardening in the test section and the ensuing change in the bent beam profile. It will also be seen that A reaches an approximately stable value around 10th cycle. If we call the first cycle strain range, A,, and that of 10th cycle, A,,, then is an index of the strain hardening capacity at a particular deflection level. A plot of n vs ? is reproduced in Fig. 3 for two ASTM steels: A-302 and A-201. A-302 is a low alloy structural steel, A-201 a low-carbon steel. The specimens were first normalized at 1650°F for 75 min then grooved with a milling cutter; and the notches were ground to 50G finish. The final operation before testing was a stress relief at 1150°F for 75 min. The behavior of the two steels changes around ?1 = 0.8 pct or A,, = A, -n = 0.7. If these curves are compared with the endurance life curves given in Fig. 4, it will be seen that the relative performance of the two steels also change around A,, =. 0.70 pct. The steel with lower strain hardening capacity (7) at a certain strain level shows a longer endurance life, irrespective of their strength levels. Since the exponent governs strain hardening at lower strain levels than the Modulus, the relative values of both parameters also coincide with the change in n values and the relative performances of the two steels at different strain levels. These two observations indicate to the close relationship be-

Jan 1, 1962

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Jan 1, 1938

By C. A. Stiles, J. W. Nyhus

Erie Mining Co. is a 10.3-million-tpy pellet producer on the east end of the Mesabi Range 60 miles north of Duluth. Its complex includes facilities for mining, crushing, grinding and beneficiation in addition to a pellet plant and power plant. A 74-mile railroad links the mine and plant to Taconite Harbor on the shore of Lake Superior. The concentrate recovery ratio at Erie is about 1: 3, and this, along with stripping activity, makes it necessary for the company to mine nearly a million tons of material a week. At the outset, all crude ore mined at Erie was hauled entirely by rail, but with expansion into additional mining areas, the company made a gradual transition towards truck-to-rail haulage. Today, in Erie's 11th year of operation, over 50% of all crude taconite mined is transported by truck to loading pockets where it is transferred to rail cars. Future years will see more taconite moved in this manner. Thus, the company has an increasing interest in tire performance.

Jan 6, 1969

By D. L., Hayes

THE concentration of zinc ore in Wisconsin is a comparatively simple process, although it presents problems that must be overcome in an efficient manner in such a way that installation and operating costs are low. As the ore deposits are small, the first cost of the concentrating plant must be low; while the low margin of profit makes it necessary to have the minimum operating costs. The original mills were copied from those of the Joplin district, as most of them were built and operated by Joplin millmen. These served the purpose well; they made a clean concentrate, which was the chief requirement at that time, as most 'of the mines were' considerably 'richer than the average at the present time, and wages and supplies were also considerably lower. ' The apparatus used at present has changed very little in principle. . The grizzly opening has gradually been increased to 12 in. and sometimes no grizzly 'is used. The crusher, gradually grew in size, the largest crusher has -an opening of about 24 by 13 in. and a 7/8-in. throw on the. eccentric shaft.

Jan 1, 1921

By B. H. Caudle, A. B. Dyes

In a recent publication' it was shown that wells with a free surface in a homogeneous gravity-drainage reservoir have a hyperbolic decline with index n '. This paper reports efforts to extend this theory to practical field cases. As a first step in making the extension, a large number of lease production curves from gravity-drainage fields in the stripper stage were fitted with the general hyperbolic decline equation, q/q, = 1/(1 + y) y and n in each case being determined by statistical methods. It was found that this equation is reliable for decline curve extrapolation for periods up to at least 25 years. The resrilts obtained were disturbing in the sense that values for the index, n, were often smaller than one, which fact leads to the prediction that a well would produce all infinite amount of oil in infinite time. A theoretical investigation based on the results of the previous paper provides a suitable explanation for these low values of n. It suggests that these are obtained if production occurs from two or more layers of diflerent permeabilitv and thicktress or two lnyers having different skin effects. It is predicted that as the more permeable layers are exhausted, the index of decline, n, will rise from a value smaller than 2, to n = 2. A practical method is given for fitting the general hyperbolic decline Eq. 6 to production decline data. When this method is used, the index of decline observed in gravity-drainage reservoirs in the stripper stage when wing only data over early years 01 decline usually agrees quite closely with that determined using data over 25 years or more. This indicates that the hyperbolic decline equation is reliable for predicting behavior of such reservoirs. A method is also suggested for taking into account any changes in the value of the index INTRODUCTION As a result of both experimental work with models and theoretical deductions, it was recently concluded' that wells having a free surface in a homogeneous reservoir producing by pure gravity drainage should have a hyperbolic decline with n = 2. The present report details efforts to extend this work on ideal homogeneous reservoirs to actual field cases. It should be remembered that both the previous work and the present extension are based on the assumption that the reservoir is at very low pressure, and hence, nearly all the potential available for driving fluid to the well is the gravity head. Attempts to apply conclusions of this study to reservoirs which have considerable pressures supplementing the gravity drive may lead to difficulty. WELLS WITH NO FREE SURFACE In a dipping gravity-drainage reservoir such as that shown in Fig. 1, some of the down-dip wells have no free surface. The previous study' showed that the up-dip wells, which have a free surface, should follow Eq. 1. The following approximate analysis, of a type which was justified experimentally for up-dip wells in the work just mentioned, leads to results for the down-dip wells.

By H. F. Mills

The Iron King mine is I2 miles east of Prescott Arizona, in low foothills of the Agua Fria mining district. It was operated in 1906 and 1907, using gravity methods of concentration, mostly on oxide ores. In 1923 and 1924 shipments of sulphide ores were made to the Humboldt smelter. It remained inactive and stripped unti1 1936, when it was unwatered and sampled to the 400-ft level, the bottom at that time. In 1937 the Iron King Mining Co. purchased the mine and shipped oxide ores. During 1938 a bulk flotation plant of I40 tons daily capacity was erected. The mill has been enlarged and operations have been continuous since the mill first started. In July 1942, the Shattuck Denn Mining Corporation purchased the physical assets from the Iron King Mining Co., and since that time it has operated as the Iron King Branch of the Shattuck Dcnn Mining Corporation. Economic metals recovered are gold, zinc, silver, lead, a little copper, and fluxing pyrite. The ore occurs as a series of northward-dipping shoots arranged in echelon pattern, the series extending over a length of 3500 ft. Strike lengths of shoots vary from 60 to 600 ft, and widths from 3 ft to as much as 14 ft. The ore occurs in a sheared zone in pre-Cambrian chloritic schist. This schist belt is about 6 miles wide, and the ore zone is about 4 miles from the pre-Cambrian granites to the west. No intrusive rocks have been found in the mine, nor is there evidence of any on surface that might indicate a genetic connection with the ore occurrence (Fig I). The schists strike N23°E and dip 75° to the northwest, which might indicate an overturned thrusting from the granites. In the upper levels, the echelon pattern in which the ore occurs was quite regular. no disturbance of the enclosing schist, or of any faulting that might contribute to the formation of the ore pattern was noted. There is a possibility that the ore zone may be on the axis of an isoclinal fold. Another interesting feature is the more or less typical zoning of minerals along the strike in each of the ore shoots (Fig 2). The north end of each shoot is enclosed by schist, while the south ends usually extend out at full width beyond the economic mining limits in a pyrite-quartz low-grade material. The plane of demarcation between ore and schist is very sharp, with little or no impregnation of sulphide in the schist, especially on the footwall side. The footwall schists are usually firm and strong, and vary from dioritic phases to fine-grained, lighter colored bands, almost silky in texture. The hanging wall for a width of 50 to 80 ft consists of alternating sheetings of chloritic and pyritic schists. The mine is now partly developed to the 920-ft level, with some diamond drilling from the 1150-ft station of No. 6 shaft. Economically there has been little change in nature or grade of ore from the top of the sulphides, about 200 ft below surface, to the bottom levels. There have been a few echelons in depth, just as there are in plan, and while a few shoots have had

Jan 1, 1949

By H. F. Mills

The Iron King mine is I2 miles east of Prescott Arizona, in low foothills of the Agua Fria mining district. It was operated in 1906 and 1907, using gravity methods of concentration, mostly on oxide ores. In 1923 and 1924 shipments of sulphide ores were made to the Humboldt smelter. It remained inactive and stripped unti1 1936, when it was unwatered and sampled to the 400-ft level, the bottom at that time. In 1937 the Iron King Mining Co. purchased the mine and shipped oxide ores. During 1938 a bulk flotation plant of I40 tons daily capacity was erected. The mill has been enlarged and operations have been continuous since the mill first started. In July 1942, the Shattuck Denn Mining Corporation purchased the physical assets from the Iron King Mining Co., and since that time it has operated as the Iron King Branch of the Shattuck Dcnn Mining Corporation. Economic metals recovered are gold, zinc, silver, lead, a little copper, and fluxing pyrite. The ore occurs as a series of northward-dipping shoots arranged in echelon pattern, the series extending over a length of 3500 ft. Strike lengths of shoots vary from 60 to 600 ft, and widths from 3 ft to as much as 14 ft. The ore occurs in a sheared zone in pre-Cambrian chloritic schist. This schist belt is about 6 miles wide, and the ore zone is about 4 miles from the pre-Cambrian granites to the west. No intrusive rocks have been found in the mine, nor is there evidence of any on surface that might indicate a genetic connection with the ore occurrence (Fig I). The schists strike N23°E and dip 75° to the northwest, which might indicate an overturned thrusting from the granites. In the upper levels, the echelon pattern in which the ore occurs was quite regular. no disturbance of the enclosing schist, or of any faulting that might contribute to the formation of the ore pattern was noted. There is a possibility that the ore zone may be on the axis of an isoclinal fold. Another interesting feature is the more or less typical zoning of minerals along the strike in each of the ore shoots (Fig 2). The north end of each shoot is enclosed by schist, while the south ends usually extend out at full width beyond the economic mining limits in a pyrite-quartz low-grade material. The plane of demarcation between ore and schist is very sharp, with little or no impregnation of sulphide in the schist, especially on the footwall side. The footwall schists are usually firm and strong, and vary from dioritic phases to fine-grained, lighter colored bands, almost silky in texture. The hanging wall for a width of 50 to 80 ft consists of alternating sheetings of chloritic and pyritic schists. The mine is now partly developed to the 920-ft level, with some diamond drilling from the 1150-ft station of No. 6 shaft. Economically there has been little change in nature or grade of ore from the top of the sulphides, about 200 ft below surface, to the bottom levels. There have been a few echelons in depth, just as there are in plan, and while a few shoots have had

Jan 1, 1949

By J. van Lookeren

In the case of a reservoir where the oil underlies a large gas cap and overlies bottom water, production can be inzproved considerably if wells are perforated below the water-oil contact rather than opposite the oil-bearing section. The theoretical arguments for this improvement, which in some cases may be tenfold, are supported by experimental evidence. INTRODUCTION Reservoirs frequently consist of one sand body containing an oil layer underlying a thick, gas-bearing section and overlying bottom water (Fig. 1). Wells in such reservoirs are customarily opened up opposite the oil-bearing interval or, rather, opposite the lower part of this interval (Fig. 2). More often than not, it is inefficient or prohibited to blow off large quantities of gas with the oil. This im-psses a severe limitation on the drawdown, which results in low oil-production rates. Because of the small difference in specific gravity between oil and water, the latter will easily cone upwards, so that the production of water together with the oil is not prevented by this completion method. In such a situation wells should be opened deeper, in the originally water-bearing zone. The gas can be shut off by not perforating over the upper part of the interval (Fig. 3) or by a tubing hung close to the bottom of the interval (Fig. 4). Initially much water will be produced, but when steady-state conditions have been established (as depicted in Figs. 3 and 4) larger drawdowns are permissible than in a conventionally completed well, and correspondingly higher oil-production rates will result. Water cuts are only slightly higher because of the small effect of gravity on the water-oil flow distribution. CALCULATIONS The ratio of improvement has been estimated by means of approximate calculations. The completion depicted in Fig. 4 is the most convenient basis for these calculations. By postulating that vertical flow gradients can be disregarded, the Appendix shows that the well-known Dupuit formula can be obtained except for some complication due to the presence of two fluids rather than one. The Appendix makes the reasonable assumption that, for suitable boundary conditions, the oil layer occupies a constant fraction of the total fluid height throughout the reservoir. The oil- and water-production rates can thus be related to the liquid levels in the borehole as follows:

Jan 1, 1966

By H. F. Mills

THE Iron King mine is 12 miles east of Prescott Arizona, in low foothills of the Agua Fria mining district. It was operated in 1906 and 1907, using gravity methods of concentration, mostly on oxide ores. In 1923 and 1924 shipments of sulphide ores were made to the Humboldt smelter. It remained inactive and stripped until 1936, when it was unwatered and sampled to the 400-ft level, the bottom at that time. In 1937 the Iron King Mining Co. purchased the mine and shipped oxide ores. During 1938 a bulk flotation plant of 140 tons daily capacity was erected. The mill has been enlarged and operations have been continuous since the mill first started. In July 1942, the Shattuck Denn Mining Corporation purchased the physical assets from the Iron King Mining Co., and since that time it has operated as the Iron King Branch of the Shattuck Denn Mining Corporation. Economic metals recovered are gold, zinc, silver, lead, a little copper, and fluxing pyrite. The ore occurs as a series of northward-dipping shoots arranged in echelon pattern, the series extending over a length of 3500 ft. Strike lengths of shoots vary from 60 to 600 ft, and widths from 3 ft to as much as 14 ft. The ore occurs in a sheared zone in pre-Cambrian chloritic schist. This schist belt is about 6 miles wide, and the ore zone is about 4 miles from the pre-Cambrian granites to the west. No intrusive rocks have been found in the mine, nor is there evidence of any on surface that might indicate a genetic connection with the ore occurrence (Fig I). The schists strike N23°E and dip 75° to the northwest, which might indicate an overturned thrusting from the granites. In the upper levels, the echelon pattern in which the ore occurs was quite regular, no disturbance of the enclosing schist, or of any faulting that might contribute to the formation of the ore pattern was noted. There is a possibility that the ore zone may be on the axis of an isoclinal fold. Another interesting feature is the more or less typical zoning of minerals along the strike in each of the ore shoots (Fig 2). The north end of each shoot is enclosed by schist, while the south ends usually extend out at full width beyond the economic mining limits in a pyrite-quartz low-grade material. The plane of demarcation between ore and schist is very sharp, with little or no impregnation of sulphide in the schist, especially on the footwall side. The footwall schists are usually firm and strong, and vary from dioritic phases to fine-grained, lighter colored bands, almost silky in texture. The hanging wall for a width of 50 to 8o ft consists of alternating sheetings of chloritic and pyritic schists. The mine is now partly developed to the 92o-ft level, with some diamond drilling from the 1150-ft station of No. 6 shaft. Economically there has been little change in nature or grade of ore from the top of the sulphides, about 200 ft below surface, to the bottom levels. There have been a few echelons in depth, just as there are in plan, and while a few shoots have had

Jan 1, 1947

TWENTY-FOUR of the 28 local sections and the two divisions of the Institute were represented at the meeting. Three sections failed to appoint delegates and two of those appointed failed to attend the delegates' meeting proper. Four sessions were held, two on Monday and two shorter adjourned ses-sions on Tuesday and Wednesday. Even at the end many things remained to be said and, in view of the amount of time the delegates lost from technical ses-sions the feeling was general that next year it would be advisable to hold their meeting the day before or day after the general meeting. Every part of the country was represented from Boston to Los Angeles and Seattle to Washington. All phases of Institute work and policy were taken up in the most informal way and the delegates will carry back to the sections, as they brought to headquarters, many ideas that will prove useful and stimulating. The time was divided between reports by the delegates on section activities and reports by officers of the In-stitute and of the various joint activities on the work at headquarters : A. D. Flinn told of the work of Engi-neering Foundation; W. V. Brown discussed the Em-ployment Service; J. A. Sohon explained what the Library is doing; T. T. Read told how the sections could help MINING AND METALLURGY ; H. Foster Bain discussed Institute affairs in general and asked and answered questions. An interesting new feature of the meeting was the appearance by request of Directors Turner and Smith of the U. S. Bureau of Mines and U. S. Geological Survey to answer inquiries as to the needs and work of their Bureaus. So much attention had been paid this year by the western sections to the diminished funds made available at Washington for research on mining problems that many questions came up. The accom-panying figures epitomize the answers.

Jan 3, 1928

By J. B. Gayle

PRESENT flotation processes depend almost entirely on the buoyant properties of air bubbles to effect separations of mineral and gangue, but there is no convenient method for measuring aeration in flotation cells. Consequently the relation between aeration and cell performance has not been definitely established. In connection with a comparative study of kerosene and froth flotation processes, a modification of the displacement method' was developed in which air escaping from the cell surface is measured with a wet-test meter. The arrangement shown in Fig. 1 is satisfactory for use with a number of cells and is not critical, except that care must be taken to use connections and tubing large enough to avoid excessive back pressures. Attempts to use smaller tubing resulted in back pressures that caused displacement of the liquid level in the receiver, so that some air was lost around the sides, an occurrence readily visible when measurements were taken with only water passing through the cell. With the arrangement shown, the manometer indicated an average reading of about 1/2-in. water pressure. No loss of air was evident. Fig. 2 presents typical data for a standard Denver sub-A 24x24-in. unit cell operated at impeller speeds from 0 to 710 rpm. Each plotted point represents the average for five readings distributed over the entire cell surface. Readings were taken with only water passing through the cell. Results of this type have been used in a study of the influence of operating variables on cell performance and in detecting inherent differences in the operating characteristics of cells of various kinds. Although the information presented in Fig. 2 resulted only with water passing through the cell, the apparatus is suitable for use during flotation of coal when various reagents are present. Possible modi- fications that might prove convenient under special circumstances include varying the size and shape of the receiver and substituting a calibrated, inverted, water-filled carboy or other gas-measuring device for the wet-test meter. If such modifications result in excessive back pressures, some form of draft should be applied at the discharge end of the measuring system.

Jan 1, 1959

By H. P. Willard, R. W. Gates

Basic Inc., has been mining magnesite and brucite for 27 years at Gabbs, Nev. This is a medium sized open-pit mine. The magnesite deposits are in north-western Nye County about 30 miles east of Luning, Nev., on the west slope of the Paradise Range, at an elevation between 5000 and 6000 ft. The magnesite and associated brucite is used to make magnesia refractories employed principally in the steel industry and magnesium oxide for various chemical uses.

Jan 10, 1963

By AIME AIME

EVEN the weather man joined in a friendly conspiracy to make the fall meeting of the Industrial Minerals Division at Rolla, Mo., Oct. 23-25. the splendid surges that it was. Following weeks of rain, the foliage of the Ozarks was still green, merely enlivened here and there by splashes of autumn coloring. In contrast to the tranquil beauty of the School of Mines campus under smiling Indian summer skies, the pace of the meeting was lively. Registration was larger than at any previous meeting and included an unusual number of prominent names and delegates from all over the country. From 125 to 150 were present throughout the three technical sessions, at the Thursday evening smoker, and also at the banquet on Friday; when students trooped in to the technical sessions the audience was augmented occasionally to over 200.

Jan 1, 1941

NEW MEMBERS The following list comprises the names of those persons who became members during the period of Apr. 10, 1917, to May 10, 1917. ANDERSON, GEORGE K., JR., Supt., Iron Ore Mines, The Low Moor Iron Co. of Va., Longdale, Va. AVERY, DAVID, Met Collins House, Collins St., Melbourne, Vic., Australia. BATES WILLIAM T., Shift Foreman, American Zinc Co. of Tenn., Mascot, Tenn. BIRD, ELMER, Min. & Civil Engr P. O. Box 1483, Boise, Idaho. BLACKBURN, JOSEPH R., Vice-Pres. & Genl. Mgr., Austen Coal & Coke Co., Austen, Preston Co., W. Va. BOTSFORD, FRANK P., Asst. Genl. Supt., Eastern Mesaba, Pickands Mather & Co., Gilbert, St. Luis Co., Minn. BRADEN, SPRUILLE, Min. Engr., Andes Exploration Co. of Maine, Casilla 83-D, Santiago, Chile South America. BROWNE, DAVID G., Mill Designer, New Jersey Zinc Co., 55 Wall St., New York, N. Y. BRUDERLIN, EMIL J., Met. Engr., Ohio & Colorado Smelt. & Ref. Co., Salida, Colo. CAMPBELL, DONALD C., Min. Engr., Campbell Wells & Elmendorf, 114 James St., Seattle, Wash. CARRIGAN, J. J., Asst. Genl. Supt. of Mines, Anaconda Copper Min. Co., Butte, Mont.

Jan 6, 1917

By F. M. Jardine

I1944 the cry was for higher production more tons, more metal. New plants were built, capacity of old plants was increased and millmen all over the country were treating tonnages far above normal, sacrificing recoveries to vet that extra metal from extra tons. The list of "critical minerals," at first long, has been scratched until there remains, not a list, but only an item or two. Stocks of all metals and minerals, with possibly one or two exceptions, are now entirely adequate and numerous plants have curtailed or suspended operation.

Jan 1, 1945

By H. Morgolin, M. A. Greenfield, P. A. Farrar

In attempts to correlate mechanical properties with microstructure, it is desirable to determine the effect of ß grain size. Determination of 6 grain size is not a problem where a has precipitated at ß grain boundaries. However, in alloys which have been processed to produce an equiaxed a +ß structure the ß grain size is difficult to determine because ß grain boundaries do not etch. The ß grain size can sometimes be laboriously determined by searching for grains which have some a! outlining the 6 grains. This difficulty of ß grain size determination in equiaxed a + ß alloys can be overcome by heating below the ß transus temperature for a short time and water quenching. Fig. 1 shows the starting equiaxed a + ß structure of the Ti-5.25A1-5.5V-0.9Fe-0.5Cu alloy used in this investigation, and Fig. 2 shows the microstructure of the same sample water-quenched after heating 1 min at 1675"F, which is 25°F below the 0 transus. The heavily etched microstructure consists of some equiaxed a! in a structure showing considerable amounts of transformed ß. The ß grain

Jan 1, 1969