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By D. Ortiz, J. R. Frias, E. D. Mast, J. J. Fañas

Falconbridge Dominicana (Falcondo) has operated an integrated tpy nickel laterite mine and ferro-nickel processing plant since 1972 in the Dominican Republic. The operation includes mining, a processing plant, an oil refinery, and a power plant. Falcondo has improved process efficiency over the years via modernisation and better understanding of the process. The present business environment of high fuel prices and high nickel prices present a challenge and an opportunity to Falcondo's operation. This paper gives an update of Falcondo's process, improvements in energy consumption, factors affecting energy consumption and how Falcondo is facing up to the current business environment.

Jan 1, 2005

By Shiou-Chuan Sun

THE fact that coals of different ranks and even of the same rank differ greatly in their amenability to iroth flotation is well known. In recognition of the need for an explanation of this phenomenon, two hypotheses have been suggested. Wilkinsl reported that the floatability of coals increased with an increase of the carbon content or rank. This postulate is handicapped by the fact that bituminous coals that possess moderate carbon contents are actually more floatable than anthracite coals that have high carbon contents, as shown in columns 6 and 9 of Table I. Taggart and his associates' implied that the difference of floatability between bituminous and anthracite coal was caused by the variation of carbon-hydrogen ratio. This is not applicable to the relative floatability of other coals and carbons. For example, column 11 of Table I shows that the carbon-hydrogen ratios of low-floating lignitic coal and non-floating animal charcoal are not only smaller than the moderate-floating anthracite coal, but are also similar to the high-floating bituminous coal. Furthermore, according to this hypothesis, high temperature coke-A (464), Ceylon graphite (1238), and lamp-black (357), all possessing extremely high carbon-hydrogen ratios, should be less floatable than other substances having much lower carbon-hydrogen ratios such as high volatile-B bituminous coal (11.9 to 22), anthracite coal (35.7 to 60.5), lignitic coal (15.6 to 33.6), and charcoal (13 to 26.2). However the former group is actually more floatable than the latter group. In this paper, a surface components hypothesis is Proposed to explain the different floatabilities of coals, carbons, and hydrocarbon minerals. The validity of the hypothesis is experimentally supported by the actual floatability, natural floatability, wettability, and adsorbability for neutral oils of coals, carbons, and hydrocarbon minerals tested. The combustible recovery of the flotation results, as used in this paper. was calculated from Eq. 1: P (100-Ep) 100 RWCP Rc= [1] F (100-E,) C, where R, is the percent combustible recovery; F and P are, respectively, the weight of feed and the weight of concentrate or product; E, and Ep are, respectively, the total percent of ash plus moisture in feed and in concentrate; Ru. is the percent weight recovery: and C, and C, are, respectively, the percent of combustible in feed and in concentrate. Except for ash and moisture content, all chemical components of a coal are assumed combustible. The experimental work included studies on flotation, ultimate and proximate analyses, contact angle tests, extractions of bitumen-A with benzene, adsorptions for liquid hydrocarbons, and wetting tests. Most of the flotation experiments were performed in a laboratory Fagergren machine; others were tested in a small Denver machine. The solid feed for the former was 300 g and for the latter was 30 g. The solid materials used for flotation were crushed to —48 mesh. After the mineral pulp in the flotation cell was agitated for 6 min and the pH was adjusted to 7.5 & 0.2 with sodium hydroxide or hydrochloric acid, a petroleum light oil having a viscosity of 5.73 centipoises at 77 °F was added and conditioned for 2 min. Finally, pine oil was introduced and the froth was collected for exactly 3 min. The weight ratio of petroleum light oil to pine oil was kept constant at 1.5 to 1. Tap water was used for all flotation tests. Contact angles were measured with a captive bubble machine. For each coal sample, three specimens were mounted in transoptic mounts and polished with levigated alumina, first on a sheet glass, then on a cloth-covered metal polishing wheel. The polished specimen was first washed with distilled water and wiped thoroughly on a cleaned linen pad, then transferred into the pyrex cell of the captive bubble machine and conditioned for 6 min., and finally measured for contact angles at three or more points. Except where otherwise stated, the induction time for each measurement was 1 min. The contact angle representing each material was obtained by averaging the measurements of three specimens. The linen pad was first washed with warm distilled water, then boiled 30 min in a 2N sodium hydroxide solution, and finally washed with distilled water until no trace of sodium hydroxide could be detected in the decanted solution. The cleaned linen pad was stored under distilled water. Immediately before using, the pad was rewashed and transferred into a clean pyrex petri dish partly filled with distilled water. The glassware and rubber gloves used were cleaned by soaking in sulphuric acid-potassium dichromate cleaning solution, followed by rinsing with distilled water. The polished specimens were handled only by glass forceps. The ultimate and proximate analyses were made in accordance with the ASTM standard procedures for coal and coke. The extractable bitumen-A was determined by weighing 1 g of —100 mesh sample and placing it in a desiccated and weighed ASTM aluminum-extraction thimble. The thimble was placed in condenser hooks and inserted into an extraction flask containing 100 cu cm of benzene. The flask was heated and the benzene vapor was condensed by water coils. At the end of 24 hr of percolation, the thimble was removed, desiccated, and weighed. Loss in weight of sample was taken as bitumen-A and calculated to dry and ash-free basis.

Jan 1, 1955

By Fabio Da Costa Garcia Filho

O desempenho balístico de compósitos de matriz de poliéster reforçados com tecido de juta foi avaliado como segunda camada em um sistema de blindagem multicamadas (MAS – Multilayered Armor Systems). Diferentes frações volumétricas de tecido de juta, até 30% vol., foram misturadas com poliéster ortoftálica para se fabricar as placas compósitas. Estes compósitos foram ligados a uma camada cerâmica de alumina dianteira e seguidos por uma placa metálica de liga de alumínio como terceira camada do MAS, os testes balísticos foram conduzidos usando munição comercial de alta velocidade de 7,62 mm. A profundidade de penetração causada pela bala em um bloco de plastilina, que simula o corpo humano, foi usada para avaliar o desempenho balístico do MAS de acordo com o padrão internacional. Os materiais fraturados após testes foram analisados por microscopia eletrônica de varredura (MEV). Os resultados indicaram que os compósitos de tecido de juta apresentam um desempenho semelhante ao do tecido de aramida comercialmente utilizado como segunda camada para MAS com mesma espessura, o Kevlar™. O mecanismo que explica este comportamento balístico semelhante, bem como as vantagens econômicas comparativas dos compósitos de tecido de juta foram discutidos.

Oct 30, 2017

By Raymond F. Moran

The history and development of the FMC Coke process has been reported in numerous presentations over the past 10 years (1, 2, 3, 4, 5, 6) but a short review is desirable, especially regarding the aspects that are influenced by the coal to be used. F'MC has been developing this process in pilot facilities since 1956 and in a modest sized plant in Kemmerer, Wyoming since 1960 (Figure I). This plant produces strong uniformly sized coke briquettes from a completely non-coking coal, namely Elkol, a sub-bituminous coal of the Adaville seam. Since operating commercially, over 300,000 tons have been produced, 90% of which has been used in electric phosphorus furnaces and some 10% of which went for trials in iron blast furnaces. We believe that this commercial use of non-coking coals is a unique experience in the history of coke manufacture.

Jan 1, 1975

By M. Jaramillo

The Expanded West Pit of the 15 MTY El Cerrejon Mine will reach a maximum depth of270 m. Slope stability evaluations indicated that this depth, combined with structural complexities, would create a serious risk of footwall instability. Stabilization call for anchoring the footwall by installation of cable bolts, 9 to 33 m long, of multi-strand steel cable. For each of the 15 m high mining benches, a row of bolts is installed with variable horizontal spacing, depending on dip magnitude. Cable bolting is now standard operating practice and 11800 bolts will have been installed during the life of the mine.

Jan 1, 1995

By D Wyborn, P A. Dowd

The characterisation of rock fracture networks is an important component of rock engineering applications involving stability assessment or fluid flow analysis. However, the derivation of a reliable rock fracture model remains a very challenging problem in practice. This paper describes a Bayesian framework, in the form of Markov Chain Monte Carlo (MCMC) simulation, for the construction of such a model. Model conditioning using different data sources is discussed including seismic events recorded during hydraulic fracture stimulation, rock face fracture mapping data and downhole geophysical survey data. The freeware FracSim3D is used for the simulations.

Sep 26, 2011

By K. K. Kershner, J. G. Donaldson

This investigation was conducted to obtain data on optimum conditions for chloridizing metal sulfides . Salt- roasting galena at 450° C for 8 hours chloridized 75 percent of the lead ; in an equal time of treatment at 750° C , the process chloridized 42 percent of the zinc in sphalerite . Hydrogen chloride at 500° C completely chloridized galena in 15 minutes , and at 600° C converted all of the zinc in sphalerite to the chloride in 4 hours .

Jan 1, 1963

R. G. BROWN, Bodie, Cal.: Mr. Rickard's paper, with its valuable illustrations, brings into fresh clearness the game of hide-and-seek which the miner must play with his ore-deposit; but, more than this, it goes far towards classifying those perplexing idiosyncrasies which, while unclassified, constitute a labyrinth almost without clue. Probably every engineer can add to the list by the mention of at least one fresh detail from his own experience, and I for one would like to comment on two of Mr. Rickard's divisions. To what he has written about " walls within walls" and " walls without walls," the accompanying Figs. 1 and 2 may be appropriate, the more so as they represent conditions obtaining in a part of the Butte copper-belt more typical of the copper-veins as a whole than the Gagnon, which, in some respects the most interesting mine in the camp, stands almost alone in many particulars. (See nuns., xvi., 62.) Fig. 1 was sketched in January, 1895, in the stopes above the 700-foot level of the Colusa-Parrot mine, east of the Parrot and southwest. of the Anaconda. The stope, the commercial foot-wall of which is shown at A, was 30 feet wide at this section, the pay-ore being massive chalcocite, jumbled with bornite, pyrite, quartz and thoroughly broken-down granite. A and At are inch-thick seams of black talc; B, B' and B" are also talc, possibly 1/8-inch thick. In the plane of the section the "banded quartz " and " quartz and pyrite " were both of too low grade for extraction, but 5 feet back along the stope had been of fair value. The granite with quartz and bornite between Bt and A' was pay-ore, but that to the right of B" was not. In both cases the ferro-magnesian minerals had been removed, leaving, where not obscured by ore, faint, dark patches. Between A'

Jan 1, 1897

By R. K. Clifford

The formation of elemental sulfur on the surface of sphalerite in aqueous systems was investigated. Hallimond tube flotation tests showed that unoxidized sphalerite did not float well without a collector. Flotation recoveries of greater than 95 percent were obtained without the use of a collector or frother after the sphalerite had been reacted with oxygen under pressure and water at pH 2.8 at room temperature. High flotation recoveries also resulted when sphalerite was reacted in acidic solutions in the presence of platinum sponge, titanium sponge, 316 stainless steel, copper turnings, or [10-5M++]. Conditions which produced high flotation recoveries of sphalerite yielded contact angles of 37° to 40° and also produced elemental sulfur. The increase in elemental sulfur on the surface of sphalerite was detected by elemental sulfur extraction with petroleum ether, electron spectroscopy for chemical analysis (ESCA), and the electron beam microprobe. The quantity of elemental sulfur formed was insufficient to be detected by infrared or Raman spectroscopy, or by the optical microscope or by the scanning electron microscope. An electrochemical type reaction for the production of elemental sulfur in acidic solutions was proposed. The cathodic reduction of oxygen was the slow step which needed to be catalyzed. A chemical type reaction which produced H2S rather than elemental sulfur was evident in non-oxidizing conditions.

Jan 1, 1974

By ALICE V. Petar

Among the rarest of the rare metals are four that are linked together by a common historical background as well as by chemical relationship. With the excep- tion of indium, these metals are likewise characterized by the patriotic nature of the names given them by their discoverers. The existence of gallium, germanium, and scandium, was predicted by the Russian cherist, D. I. Mendeleeff some time prior to their discovery; and these elements might well have been overlooked, had not the search been stimulated by the urge to confirm the scientific hypothesis of their existence. Nowhare found in sufficient quantities to attract attention, these little known elemente are nevertheless widely distributed in the earth's crust. So far they are found commercially mostly in the sulphide ores of zinc and must be considered as being largely curiosities of the zinc smelter. Recent progress in electrolytic zinc refining, however, now gives promise that the way may be open for the recovery of these very rare metals in larger quantities-- possibly in quantities sufficient to permit of their finding commercial utilization.

Nov 1, 1930

By Claudio Rocha Rosales

"Peñoles is a mining group with integrated operations in the smelting and refining of non-ferrous metals, and is also a chemicals producer. Peñoles is the world’s foremost producer of refined silver, metallic bismuth and sodium sulphate and is the leading Latin American producer of refined gold, lead and zinc. The Met-Mex Peñoles Zinc Plant commenced operations in 1973 with an annual production capacity of 105,000 t/y. Year after year the production has been increased, and at present, the production capacity is 240,000 t/y. In this paper, the leaching process,particularly the operation of the jarosite circuit is reviewed ,specifying process improvements to treat high iron calcines.INTRODUCTIONThe purpose of the leaching process is to recover the metals, mainly zinc,through a series of extraction stages with sulphuric acid solutions, which progressively increase the zinc recovery. After the series of acidification stages,the solution, which is rich in iron, is sent to the jarosite circuit to separate the zinc from the iron (Garcia & Valdez, 1996).The first step of the leaching process is the neutral leach circuit which produces a zinc sulphate solution that is sent to the purification section for the removal of impurities such as cadmium, cobalt and copper, after this solution is sent to the tankhouse to feed the electrolytic cells."

Jan 1, 2016

By Donald E. Redmon

This Bureau of Mines report reviews injury experience in the nonmetallic mineral industries (except stone and coal) for 1968-69. For each of the years, 23 tables summarize disabling work injuries by department, source of injury, extent of disability, part of body injured, and nature of injury. Correlative information on employment, worktime, and operating activity is also presented.

Jan 1, 1973

By M Norbert, C Bennett

The Legacy Way Tunnel was constructed from Toowong to Kelvin Grove in Brisbane, and is the first large-scale underground excavation in the Bunya Phyllite in Brisbane. The Legacy Way Tunnel is 4.3 km in length, comprising two mainline tunnels excavated by a tunnel boring machine (TBM) with 46 connecting passages excavated between the mainline tunnels for egress provision and services. The Legacy Way Tunnel passes through two geological formations, the Bunya Phyllite and the Neranleigh Fernvale Beds. The Bunya Phyllite is the dominant formation of the Legacy Way Tunnel, extending for three quarters of the tunnel prior to intersecting the Normanby Fault Zone (NFZ) and the Neranleigh Fernvale Beds. The NFZ forms the contact between the two formations as part of the Brisbane Metamorphics, which underlies the majority of Brisbane City. The development of the geological model and the understanding of the ground’s reaction to tunnelling was an iterative process. The tender phase investigation data has been supplemented with additional design phase investigation boreholes, geophysics and walk overs. Aerial photograph interpretation coupled with borehole data allowed the development of the domains along the length of the tunnel. Early excavations for the spoil conveyor tunnel and borehole data from subsurface instrumentation installation provided the first construction phase data followed by the commencement of tunnel boring machine (TBM) excavation. Routine cutterhead inspections coupled with ongoing reviews of the predicted geology resulted in clear response triggers to selection of segment types while detailed inspections in passage locations provide the initial classifications for segment removals.CITATION:Bennett, C and Norbert, M, 2014. Tunnelling within the Bunya Phyllite of Legacy Way, Brisbane, Queensland, in Proceedings 15th Australasian Tunnelling Conference 2014 , pp 131–140 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 17, 2014

"This paper presents results of ongoing research being carried out at the University of New South Wales into improved methods for estimating rock mass strength. In this paper the rock mass strength of Hawkesbury Sandstone is assessed. An estimate is first made based on an extensive database of intact rock strength data being collated by the author and the assumption that the rock mass strength can be determined following the GSI approach. The resulting strength envelope is then compared with nine documented case studies where stress induced failure has occurred in tunnels excavated within Hawkesbury Sandstone. The case studies cover a range of conditions:• construction dates from 1880s to 2006• spans from 3.2 to 12.5 m• depths from 17 to 124 m• excavation methods of drill & blast, roadheader and TBM.Finite element modelling is used to assess the likely magnitudes of the stresses present at the time of failure. The finite element models are interrogated to provide the values of major and minor principal stresses in and around the mapped failure zone. Failure and stable points are then compared to the rock mass strength envelope(s) of Hawkesbury Sandstone derived using the Hoek-Brown criterion and spalling criteria. The Hoek-Brown rock mass strength envelope differentiates between the ‘failed’ and ‘stable’ zones remarkably well.INTRODUCTIONStress induced failures of rock masses are fortunately rare in civil tunnelling. However, when they occur they provide an opportunity to calibrate an assumed rock mass strength criterion. This paper compares an estimate of rock mass strength for the Hawkesbury Sandstone with the following cases where stress induced failure occurred in tunnels excavated within Hawkesbury Sandstone.• Cataract & Devines Tunnels of the Upper Canal (Upper Nepean Scheme)• Malabar Outfall Tunnel• Sydney liquefied petroleum gas (LPG) Storage Cavern• Northside Storage Tunnel• Cross City Tunnel• Lane Cove TunnelTwo-dimensional finite element modelling is used to assess the likely magnitudes of the stresses present at the time of the failures. The principal stresses are then compared to the assessed rock mass strength envelope(s) of Hawkesbury Sandstone derived using the 2002 Hoek-Brown criterion (Hoek et al., 2002) and the spalling criterion suggested by Diederichs (2007)."

Jan 1, 2015

By H. P. Greenwald

"INTRODUCTION In the course of its studies of the explosibility of various coal dusts in the Experimental coal mine, the Bureau of Mines has tested coals representing the entire range of volatile content found in the United States. In connection with their work the Bureau's field engineers some¬times meet operating officials who are not impressed by the fact that there is an explosion hazard in mines working low—volatile coals. Actually the difference in explosion hazard between high—volatile and low—volatile coals is one of degree and not of kind. The purpose of this paper is to set forth briefly the experimental evidence that has been accumulated on the explosibility of coal dusts containing 8 to 31 percent volatile matter on a dry, mineral—matter—free basis.There have been numerous dust explosions in mines in which coals were worked that have compositions within this range. Those explosions are listed in an appendix, together with a bibliography of Bureau of Mines papers describing explosion tests in the Experimental coal mine."

Jan 1, 1940

By M. S. NORTH

IT may be a far cry from the days of the old horse whim, and it is relatively a long way back to hand production in factories. Modern machinery has made possible deep shaft-sinking, newer methods have increased the recovery of mineral. Technically, excavating and ore dressing have advanced as has mass production and its many ramifications in the manufacture of commercial product. To those of the mining industry who would have us believe that mining and manufacturing are totally different enterprises, it can be said that certain differences do exist. These differences rather than being fundamental are the result of adhering to past practices which were possibly sound years ago but do not measure up today. Differences in managerial control, sales, and distribution, cost finding, etc., are often so pronounced that efforts to compare or contrast are almost futile.

Jan 1, 1930

By S. Caron

From the early 70?s, ?Centre de Recherche Minérale? (CRM) has conducted and co-ordinated Research and Development activities for the mineralurgical and metallurgical industries. Since 1999, CRM has continued its mandate through COREM which is a consortium of 13 members that uses the benefits and advantages of collaborative pre-competitive industry / university research. In particular, COREM?s ?In-Situ Optimization Group? is involved in the implementation of modern optimization and control tools. The POP Project was launched in order to increase and consolidate the use of modern optimization and control tools and methods for mineralurgical and metallurgical processes. To ensure a successful transfer in the industry, there are a number of essential activities that have to be undertaken. These activities have been identified by COREM?s members and are grouped into three main modules: - R&D Module: Research and Development in universities, research centres and other partners; - Technology Transfer Module: integration of new tools and methods into the POP Software, industrial applications and technical support; - Training Module: education of new engineers in universities, continuing education of plant personnel through on-site workshops and resource networking by specific information exchange tools. This paper outlines the opportunities that led to the definition of the POP Project and describes its main modules. The main features of the POP Software are presented, the first application is described and finally, future developments are discussed.

May 1, 2001

[RESULTS OF THE PRIMARY CONVENTIONAL PERFORMANCE AND COST MODEL OF THE UNIT OPERATIONS OF UNDERGROUND PERCUSSIVE DRILLING AND BLASTING]

Jan 1, 1977

By Reza Kamali, Mohsen Bashiri, Hadi Fanisalek

"Nomenclature: A: area (m2), C: heat capacity (WIK), cp: specific heat (J/Kg K), d: internal tube diameter (in), F: correction factor for multi-pass and crossflow heat exchanger, h: convective heat transfer coefficient (W/m2K), k: thermal conductivity (W/mK), L: length (m), m: mass flow rate (Kg/s), W: flow rate, N: number, Q: heat rate (W), R: thermal resistance, T: temperature (°C), U: overall heat transfer coefficient (W/m2K), ;1,,P: pressure drop (Pa), ;1,,T: temperature difference (°C), p: density (lb/ft3), N: number of tube passes, U,: velocity in tubes, iJh: head loss in feet of flowing fluid, Up: velocity in the pipe leading to and from the heat exchanger (ft/sec), µ: viscosity ( cp ), Llpf frictional pressure loss (psi/l 00 equivalent ft of pipe) Subscripts: b: baffle, c: cold, cf counter flow, ex: exchanger, f: fouling, h: hot, i: inlet-inner, ib: inlet baffle, lm: logarithmic mean, m: mean, o: outlet-outer, s: shell, t: tube, w: wall AbstractThe main bottleneck for primary aluminum production industry is dealing with a huge amount of input energy. The fact is that part of provided energy to aluminum production smelters will be lost as waste heat and it never used for aluminum production. One part of waste heat is escaping from the potroom exhaust gases, which was studied for possible recovery in a desalination plant to produce distilled water and the paper was presented in 2011 TMS Annual Meeting. However, it was shown that waste heat recovery plant to produce distilled water is highly profitable but the main fact is that the exhaust gases from potroom are highly corrosive, abrasive and dusty. The main challenge for desalination plant construction, which is using aluminum smelter exhaust gases as the main heat source, is the highly corrosive environment that makes the situation difficult and complicated for equipments design and plant construction. In this paper, we are trying to study a detailed investigation regarding the heat exchangers fouling, corrosion in heat exchangers including heat exchangers' material, how often we need to shut down the plant for maintenance or cleaning, and plant thermal efficiency with considering fouling."

Jan 1, 2012

By BUREAU OF MINES

In 1948 the United States became a net importer of oil. Coupled with an unpre- cedented domestic production of 5,900,000 barrels daily, imports approximating 500,000 barrels made available a total supply of 6,400,000 barrels a day. Thus, by herculean effort, the oil industry was able to meet an extraordinary demand at home and, in addition, to ship abroad almost 400,00 barrels daily of petroleum and products. The country's oil position now differs greatly from that prevailing at the be- ginning of World War II. Then, actual oil production averaged about 4 million bar- rels a day, and productive capacity probably was greater than 5 million barrels a day. As the demand of the military and industrial machine grew with the rising tempo of the drive toward victory, the United States not only met its own needs but pro- duced about two-thirds of the total oil requirements of the Allied Nations, excluding Russia. As a people, we can be deeply grateful that the Nation's petroleum resources were adequate and sufficiently developed to support such a tremendous effort. Even in those critical hours when immediate needs were the paramount issues, a prudent Congress paused to contemplate the importance of an assured long-term supply of liquid fuels. From these deliberations came the Synthetic Liquid Fuels Act of 1944, which authorized research and development work on new sources of oil coal, oil shale, and agricultural and forestry products. ce World War II, a civilian demand for 6 million barrels of petroleum prod- ucts has become the order of the day every day. By drilling as many as 39,000 new wells a year, the production rate has been increased enough to meet domestic require- ments by a bare margin. Some imports were necessary, however, to fill both domestic and foreign demands, and these doubtless will increase. Is this policy of exploration within the United States and the development of oil in foreign countries adequate insurance for the fulfillment of our future national needs? This question has two aspects one purely civilian and economic in character and the other significant from the standpoint of our national defense. There are now approximately 4,000 producing oil fields in this country. At first thought, it would appear that production could decline in a considerable number of these fields without materially affecting the over-all daily output. However, 48 percent of the oil comes from only 111 major fields which contain 50 percent of the total proved domestic reserves. It is apparent, then, that the flow from large fields - having proved reserves of 100 million barrels or more each must be sustained if daily production is to be kept at the present levels. Essentially, this means that new major fields must be discovered about as rapidly or perhaps more rapidly than the older ones lose productive capacity. From 1940 through 1947, only eight major fields with estimated reserves of more than 100 million barrels each, were discovered and proved - an average of one such field a year. The total estimated reserve of these eight fields was less than 1 year's supply at the present rate of use. As drilling continues, some existing fields ultimately will prove reserves larger than those now known. Without a pronounced increase in the num- ber of major discoveries, however, the prospects for increasing our present productive level are not encouraging. Any gap that appears between domestic productive capacity and demand could be filled with supplies from proved oil resources abroad. Assuming cheap pipe-line and tanker transportation to the United States, freedom from exorbitant taxes and charges

Jan 1, 1949