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By Thomas A. Edison, John Birkinbine

The Transactions already contain many valuable papers on the subject of ore-concentration, but with reference more to the treatment of other ores than those of iron. In this country much money, labor and thought have been devoted to the enrichment of iron-ores by roasting to drive off sulphur and carbonic acid, eliminate water, or make the ore more friable, and by washing and screening to remove the clay and sand from earthy ores. In concentrating magnetites and hematites more has been done than is generally believed; but, unfortunately, the results up to the present time have not been encouraging. On the contrary, so many attempts have proved unsatisfactory that any system of concentration is now unjustly looked upon with doubt, and the problem presented to individual mines must therefore be approached with caution. For many years the magnetites of the Adirondack region of New York State have been roasted, reduced to proper size by means of gang-stamps, and jigged on screens in water. Latterly plunger-jigs and rotary-jigs have been introduced, and in some places crushers and rolls have taken the place of stamps. In one instance in that region a plant for reducing the ore by crushers and rolls and separating it by magnetism was put up to treat a titaniferous ore; but, the titanium occurring as ilmenite, the result was unsatisfactory, and the plant is now being reconstructed at another mine, where apatite and silica are to be separated from the magnetite. A large concentrating works was erected at Negaunee, Michigan, in the Marquette region, Lake Superior, to enrich the leaner specular ores. This consisted of crushers, Cornish rolls and rotary-jigs. The results ohtained weye not satisfactory, and it has been abandoned. Another plan to treat the lean magnetites from a large dump-pile at Republic, Michigan, by means of pulverizers and water-jigs also

Jan 1, 1889

By Stephen Taber

INTRODUCTION THE term asbestos, as commonly used, includes half a dozen minerals all having a well-developed fibrous structure, but differing in chemical composition and in some of their physical, properties. In its strict application the name is limited to the fibrous varieties of the monoclinic amphiboles. Commercially, however, the most important of the asbestiform minerals is chrysotile, a fibrous variety of serpentine. About 95 per cent. of the asbestos used in manufacturing is chrysotile, and it commands a much higher price than any of the other fibrous minerals now on the market. Although the production of asbestos has increased rapidly in recent years, comparatively little has been published concerning its origin. The present paper is preliminary in its nature, and therefore does not pretend to exhaust the subject. The ideas herein developed are the result of field investigation, laboratory experiments in the growth of fibrous

Jan 10, 1916

OFFICERS AND COMMITTEES OF LOCAL SECTIONS AIME Committee on Local Section Affairs Roger Pierce, Chairman Carleton C Long Thomas C Frick AIME Committee on Student Chapter Affairs John P Nielson, Chairman John C Calhoun, Jr J R Van Pelt, Jr Council of Section Delegates A A Burr, Chairman (Hudson-Mohawk) Ralph A Watson, Vice-Chairman (North Pacific) L G Neely, Secretary (West Central Texas) INTERIM COMMITTEE M O Langham (East Texas), Fulton J Olivier (Delta), L W Smith (Niagara Frontier), G R Spindler (Central Appalachian) LOCAL SECTIONS (There are 78 Local Sections in the United States, 9 Foreign) ADIRONDACK Established June 18, 1952 Official year begins in April Meets fourth Saturday monthly, April through October Seven meetings annually Local Section Dues AIME Members $2, Nonmembers $3 Charles F Dievendorf, Chairman Severn P Brown, Vice-Chairman George E Erdman, Secretary-Treasurer Gouverneur Talc Co , Inc Gouverneur, N Y Malcolm V Lowry, '60, Section Delegate Committees Membership David J Crawford, Chairman Program Brower Dellinger, Chairman Student Affairs Eugene A Eastman, Chairman

Jan 1, 1959

By Arthur Gray

THE thermal analysis of a metal or alloy is ordinarily made with the aid of heating and cooling curves, in which transitions are indicated by the rapid changes in curvature that accompany .changes in the rate of heat absorption or evolution. Analysis by the method that depends on the change in thermal expansivity is not customary, partly, at least, because of the difficulties involved in making the necessary measurements. However, under certain circumstances, the dilatometric method of analysis may possess advantages over the thermometric method that will justify the additional trouble required. The addition of 1 per cent. of zinc to an alloy has been found to produce, upon the volume changes that take place during transition, effects that suggest the possibility of using the dilatometric method of thermal analysis as a rather sensitive means of obtaining chemical information. Although the illustrations presented in this paper are drawn from data obtained during an investigation of dental amalgams, similar phenomena can doubtless be observed with other alloys. Some of the results found during an investigation made in 19171 have been confirmed by data on the thermal expansivity of amalgams published by Souder and Peters of the Bureau of Standards in reporting tests of dental materials.2 Although the Bureau of. Standards made experiments for the purpose of discovering effects of including zinc as one of the constituents of a dental alloy-a matter much discussed in dental literature but without the presentation of reliable experimental evidence to support the views of ;either side-the reports of the test made by the Bureau give the impression that certain striking phenomena associated with the presence of zinc were not noticed. Among such phenomena are those connected with the conditions that determine whether or not a specimen of amalgam becomes covered with droplets from which crystals develop.

Jan 9, 1920

By J. O. Lewis, Carl H. Beal

Introduction ............................... 492 Theories Relating to the Recovery of Oil.................. 493 Methods Commonly Employed for the Estimation of Future Production..... 495 Saturation Method........................... 495 Production Curve Method....................... 496 Production per Acre Method.....................: 496 Appraisal Curves.............................. 498 Derivation and Construction...................... 498 Comparison of Appraisal Curves of the Osage and Nowata Fields...... 505 Use of Appraisal Curves........................ 506 Accuracy of the Apprais?l Curves and Their Sources of Error........ 508 Relation Between Future Productions of Wells of Equal Output....... 510 Use of Appraisal Curves for the Derivation of Generalized Future Decline Curves. 513 Theory of Generalized Curves Showing the Decline in Production...... 513 Suggested Methods for Making Closer Estimates.............. 517 Use of Logarithmic Coordinate Paper.................... 518 Summary................................ 520 Introduction Oil wells usually reach their maximum daily output shortly after they are completed. From that time they decline in production, the rapidity of decline depending on the output of the wells and on other factork governing their productivity. The production curve of a well shows the amount of oil produced per unit of time for several consecutive periods; if the conditions affecting the rate of production are not changed by outside influences, the curve will be fairly regular, and, if projected, will furnish useful knowledge as to the future production of the well. By the aid of this knowledge the value of a property maybe judged, and proper depletion and depreciation charges may be made on' the books of the

Jan 1, 1918

By K. A. Johnson, H. F. Yancey

Physical properties have been used for a long time in characterizing different kinds of coal, and such physical properties as friability and slacking have been included along with chemical properties in grouping coals according to the widely used system of classification adopted by the U. S. Geological Survey. Nevertheless, the usefulness of physical properties for classifying the different ranks or kinds of coal has been limited because it has not been possible to express these properties in definite form as numerical values. Because of the present wide interest in the formulation and adoption of a satisfactory system of coal classification, the Northwest Experiment Station of the U. S. Bureau of Mines, in cooperation with the College of Mines of the University of Washington, has recently completed a study of the physical and chemical properties of approximately 100 different coals ranging in rank from lignite to anthracite. Purpose and Scope For this investigation samples were collected in approximately 45 mines and prospects in Washington and 23 mines in other states. The following studies, in addition to proximate and ultimate analyses, were made of the samples: Determination of (1) friability, (2) slacking or weathering characteristics, (3) yield of products by low-temperature carbonization in a laboratory retort, and (4) agglutinating value. Most of the coals examined were subjected to each of the tests enumerated, but with coal of some ranks this was unnecessary in some instances, and in others it was not feasible to do the work involved. A report which includes the analyses of the coals and the details of the methods of examination used in the investigation is being published by the Bureau of Mines.' It is the purpose of the present report to show the results of the friability, slacking, low-temperature and agglu-

Jan 1, 1932

By C. M. Young

This is an attempt to bring together some of the knowledge of the coal-forming conditions obtaining during the Pennsylvanian period in the Western Interior Coal Province, to sketch briefly the present extent and character of the coals produced, and to show the beginning of correlation of beds over wide areas. Coals of later age than the Pennsylvanian are not included and, for reasons that will appear later, little attempt is made to cover the districts of eastern Oklahoma and western Arkansas, and northern Texas is omitted entirely. Geological Conditions The conditions that made possible the formation of large coal beds in the United States were most favorable in the Pennsylvanian period, formerly known as the Upper Carboniferous. The geological conditions can be determined from the records, but not the reasons for them. Preceding the Pennsylvanian was the Mississippian, formerly known as the lower Carboniferous and still later as the sub-Carboniferous. During this time, large bodies of limestone were deposited and at the close of the Mississippian they were warped upward and for a long period were eroded. Then there began a period of subsidence, more or less interrupted at times, during which the Pennsylvanian strata were deposited (see table on next page). These consist of sandstones, limestones and shales, with occasional coal beds. At the beginning of the Pennsylvanian there was subsidence, which allowed the sea to extend over the eroded Mississippian surface to the north and east. It passed over eastern and central Texas, a large part of Oklahoma, with a projection into Arkansas, over Kansas and part of Nebraska, all the northern and western part of Missouri, a large part of Iowa except a strip in the north, most of Illinois, practically all of Kentucky, northern Tennessee, most of Indiana, all of the eastern part of Ohio, practically all of West Virginia, western Maryland, the west end of Virginia, and a large part of Pennsylvania. The Ozarks were already up and separated the main body of this sea, which covered the northern

Jan 1, 1936

By Richard E. Chism

SAN DIMAS, in the State of Durango, Mexico, on the frontier of the State of Sinaloa, is the centre of an extensive and rich mining region, which has been exploited for over a hundred years; and the patio process for working silver ores has there attained the highest perfection of which it is capable. Local modifications have been engrafted upon the underlying principles of the process, but, as a whole, the San Dimas practice so fully illustrates its typical capabilities, that I have undertaken to describe its workings in the hope of lightening, to some degree, the labors of my professional brethren who may have occasion to visit Mexico." As is tolerably well known, the patio process, like all other systems of free amalgamation, is not successful with ores containing more than a trace of zinc or lead, the presence of zincblende being especially obnoxious. Iron and copper in small quantities are not particularly disadvantageous. The process succeeds very well with all sulphide ores which do not contain much more than a trace of arsenic and antimony, provided the tailings are concentrated, although, of course, it is best adapted for free milling ores. For suitable silver ores that contain small amounts of free gold the process is still a good one, but where the gold is combined with sulphurets, a considerable and even an excessive loss is inevitable. Hitherto the Mexicans have submitted to this loss, but, since the introduction of American mills, they are gradually abandoning the patio process in favor of the other. The San Dimas ores have a gangue of quartz and feldspar. They are composed principally of silver sulphides, with some chloride and

Jan 1, 1883

Coal was known in this county before 1819, but there is no record of its use before that year. In that year a furnace, the first one built in the northwestern countries, was put in blast on Bear Creek; it was built to use coke and its first blast was with this fuel, which was made in heaps, but the blast was too weak and the furnace chilled after two or three tons of iron had been made. Charcoal was then substituted, and this use of coal ceased.1 In November of the same year a resolution was adopted urging state aid for a road from Kittanning to. Hamilton, New York: "that this road will increase the trade and industry of the whole county, between Pittsburgh and the New York line; and that our soil will in consequence be better tilled, our mines of coal, of iron and of salt, be better wrought, etc."2 In 1828 an advertisement of lands situated near Freeport on the Allegheny River and contiguous to the canal nearly completed between the Kiskiminitas and Pittsburgh stated that they contained "large and never failing springs, Coal in abundance, and a great deal of Fine Timber."3 In 1830 there were said to have been 24 salt wells in this county producing 327,000 bushels of salt, chiefly on the Kiski and Allegheny Rivers. In 1837 there were a number of wells in the vicinity of Freeport. As all the salt works on the Conemaugh River, were using coal long before 1830,4 it is safe to say that a considerable tonnage of coal was used for some years in these plants. In 1837 a tract of land in Clarion Township having a new saw mill and abounding "in Stone Coal" was offered for sale,5 and also one in Toby Township having "an abundance of the best quality of iron ore and stone coal."' In 1839 an advertisement in the Pittsburgh Mercury said

Jan 1, 1942

By Stanley Arnot

THE Mother Lode district in California is probably better known as the land of Bret Harte and Mark Twain than as a gold-producing district, although in this respect it holds an important place. The history of . quartz mining on the Mother Lode dates back to the '50s, when, after the first fever of the gold rush, men began to look for something more permanent, if not more lucrative, than the placers. Since that time,: the discoveries, shutdowns, and reopenings of the many mines, together, with the varying fortunes of their numerous operators, constitute an: interesting chapter in California history, but one too long to include in a description of mining methods. The district is well situated, so far as physical conditions are concerned. The Mother Lode extends along the western slope of the Sierra . Nevada Mountains, about half way between the crest and the Sacramento and San Joaquin Valleys, the country traversed consisting of low rolling hills-typical foot-hills. The elevation varies from 1000 to 1800 ft. and the climate is most desirable. There is an abundance of water, timber is easily obtained from the higher foot-hills a few miles east, and: cheap hydro-electric power is generated practically on the Lode. These natural conditions are conducive to low costs in mining and have been the deciding factor in allowing profitable exploitation of the comparatively low-grade orebodies. Transportation facilities are, not bad. Five branch railroads, from the main trunk lines in the valley, tap the district at intervals of from 10 to 30 miles, the roads connecting these are fairly good for trucking purposes. Labor is made up of several nationalities, the principal ones being American, Spanish, Jugo-Slav, Italian, and Mexican. There were few Mexicans on the Lode prior to 1919, but the shortage of labor, experienced generally by the mining camps of the country in the years following the war, made necessary the hiring of some. The percentage of Mexican labor rapidly increased in 1920 and for a year or so thereafter, but it has now diminished until at most of the mines only a few Mexicans are working. Of the different nationalities, Americans are the most efficient and Mexicans the least.

Jan 9, 1925

By James Gayley

The lining of the hearth and bosh of a blast-furnace has naturally come to be considered its weakest part, being subject not only to abrasion, but also to intense chemical action. In order to provide against rapidity of wear, it was formerly customary to build the lining from the mantle to the top first, and to put in afterwards the hearth and bosh, drawing the latter into a recess that had been reserved for it in the upper lining. At some works this practice still prevails ; but through the progressive development of cooling-devices, it has become possible to protect the bosh so well as to make it the most durable part of the furnace. The main question now is, by which one out of several methods the best economy results can be obtained. The plain bosh-jacket, made of wrought-iron or steel, and frequently called the air-cooled jacket, was a great improvement over the crinoline-construction formerly in vogue; but it was difficult in many cases to persuade furnace-managers, that in order to secure its best effects, they must discard the thick bosh-walls and put in comparatively thin ones. Mr John M. Hartman, who did more perhaps than any one to extend the use of these jackets, invariably contended for a 13-inch wall, the thin wall being an essential part of this construction. Later, a coil of pipe was placed just inside the jacket, through which water, circulating freely, contributed further to the proper maintenance of the walls. Undoubtedly much better results have been obtained in practice where the iron jacket has been supplemented by a coil in this way. It is safe to say that this combination of water-coil and jacket is much better than external sprays on the jacket; but it does not prevent the brick-work from cutting entirely away, which enlarges the bosh to that extent and interferes with the economy and output of the furnace. In case of leakage or stopping-up of the pipes, they cannot be replaced. A leading blast-furnace manager who is now using this construction

Jan 1, 1893

By C. M. Young

This is an attempt to bring together some of the knowledge of the coal-forming conditions obtaining during the Pennsylvanian period in the Western Interior Coal Province, to sketch briefly the present extent and character of the coals produced, and to show the beginning of correlation of beds over wide areas. Coals of later age than the Pennsylvanian are not included and, for reasons that will appear later, little attempt is made to cover the districts of eastern Oklahoma and western Arkansas, and northern Texas is omitted entirely. Geological Conditions The conditions that made possible the formation of large coal beds in the United States were most favorable in the Pennsylvanian period, formerly known as the Upper Carboniferous. The geological conditions can be determined from the records, but not the reasons for them. Preceding the Pennsylvanian was the Mississippian, formerly known as the lower Carboniferous and still later as the sub-Carboniferous. During this time, large bodies of limestone were deposited and at the close of the Mississippian they were warped upward and for a long period were eroded. Then there began a period of subsidence, more or less interrupted at times, during which the Pennsylvanian strata were deposited (see table on next page). These consist of sandstones, limestones and shales, with occasional coal beds. At the beginning of the Pennsylvanian there was subsidence, which allowed the sea to extend over the eroded Mississippian surface to the north and east. It passed over eastern and central Texas, a large part of Oklahoma, with a projection into Arkansas, over Kansas and part of Nebraska, all the northern and western part of Missouri, a large part of Iowa except a strip in the north, most of Illinois, practically all of Kentucky, northern Tennessee, most of Indiana, all of the eastern part of Ohio, practically all of West Virginia, western Maryland, the west end of Virginia, and a large part of Pennsylvania. The Ozarks were already up and separated the main body of this sea, which covered the northern

Jan 1, 1936

By W. H. Howard

As the result of a series of analyses and volume determinations of gases discharged from the converters at the Garfield Smelting Co.'s smelter at Garfield, Utah, it was found that a considerable amount of lead fume was escaping from the stacks of the converter plant, and that if this lead could be recovered at a reasonable expense an attempt should be made to collect it. Two methods suggested themselves: (1) filtration through bags; (2) electrical precipitation of the condensed fume by a Cottrell plant. Filtration through Bags Tests were made in filtering converter gases through the ordinary woolen bags of lead-smelter bag houses to determine how long such material could withstand the corrosive action of the gases. While blowing on white metal only, the fabric was usually destroyed in 10 to 14 hr. In tests conducted in filtering gases when blowing on matte or slagging stage exclusively and when relatively considerable lead was being volatilizcd, bags in one instance lasted 60.5 hr. It therefore was evident that the Garfield converter gases did not contain in themselves sufficient neutralizing elements for the purpose of direct bag filtration, even during the slagging stage. Such results were more or less anticipated, but it was thus proved that under all conditions of blowing Garfield mattes a very considerable amount of neutralizing agent, zinc oxide or lime, or both combined, as in the Sprague process, would be required to render bag filtration possible. Again, owing to the constantly changing quantities of SO3 from a given battery of converters, depending on the number blowing at a given time and on the stages of the blow, it would be practically impossible to feed automatically the required amount of neutralizer. In order to safeguard the bags sufficient neutralizer would have to be continuously added to meet the maximum SO3 output, thus wasting neutralizers and giving an undesirably diluted final product. Such a condition is entirely different

Jan 1, 1915

By Paul Tyler

THE ferroalloying elements are connecting links between the steel industry and the nonferrous metal industries. Although ferroalloys are distinctly nonferrous themselves, they serve the steel industry either in the manufacturing process or in modifying the product-in some cases so that it may compete in the markets with nonferrous metals. Of the 92 elements generally accepted by chemists as constituting the primary building blocks of matter, all but the very rarest have been investigated with a view to employing them in steel manufacture. The surprising thing is that so few have been found commercially acceptable. Despite the relatively small number of elements involved, the employ-ment of alloys in steelmaking is one of the most complicated and probably one of the least well understood of modern industrial enterprises. A great deal has been written regarding the action of individual elements and a profuse and somewhat acrimonious literature covers pretty much the whole field of ferroalloy ore supplies. In the middle ground between the miner and the steelmaker developments are less carefully watched by most observers, and except for an occasional description of the technique of some conversion process or the tariff hearings in Congress, very little is said about them. The purpose of the present paper is to describe in relatively nontechnical terms this highly complex industry and to study its relations to our national progress.

Jan 1, 1933

So commonplace that they are seldom noticed, mining-machine bits have a defi-nite and important bearing on the cost of coal production. At the average mine many thousands of bits are used during the year. The actual cost represented by the pur-chase of the bits used, as well as that of sharpening and handling them, represents a considerable sum of money. From the point of view of indirect costs they are im-portant, as the lack of good bits at a mining machine can seriously impair production. Good bits tend to ensure an adequate supply of coal.

Jan 1, 1940

By R. R. Sayers

Ventilation may be defined as the process by which vitiated air of an enclosed or partly enclosed space is continuously replaced by fresh air. Fresh air has been defined as invigorating pure air. Pure dry air at sea level contains the following gases:1 Analysis of Air at Sea Level Per Cent. Oxygen.................................................. 20.94 Nitrogen................................................. 78.09 Carbon dioxide........................................... 0.03 Argon................................................... 0.94 Helium, krypton, neon, xenon, hydrogen, hydrogen peroxide, ammonia, ozone........................................ traces Carbon Dioxide Limit For many years carbon dioxide was used as an index of the purity of the air vitiated by the metabolism of people. It was, however, well known that the untoward effects produced on those exposed to such air was not due to the concentration of the carbon dioxide. It has been found that the untoward effects on the comfort and efficiency of those so exposed are due to the increased temperature and humidity. It has been found that men can breathe air containing many times the amount of carbon dioxide found in our worst ventilated theaters and assembly halls, which, according to Rosenau, do not contain above 0.5 per cent, carbon dioxide. Nevertheless, in mines it sometimes occurs in sufficient quantities to cause symptoms in men or even unconsciousness and death. One-half of 1 per cent. of carbon dioxide in normal air causes a slight and unnotice-able increase in the ventilation of the lungs, that is, a man exposed to one-ha,lf of 1 per cent. of carbon dioxide will breathe a little deeper and a little faster than when in pure air. If 2 per cent. of carbon dioxide is in the air, the lung ventilation will be increased about 50 per cent.; if there

Jan 1, 1927

By Ancel St. John

At the New York meeting of the Institute of Metals Division in February, 1927, Jeffries and Tarasov presented a paper on Tungsten and Thoria,' in which the experimental facts were interpreted in accordance with the prevailing point of view that the thorium is present as the oxide, thoria. In discussing that paper the writer of this article stated that his own investigations, which had been unavailable to Messrs. Jeffries and Tarasov, showed that the so-called "thoriated" tungsten filament failed to disclose any sign of the oxide when subjected to X-ray diffraction analysis, but did give plenty of evidence of the presence of metallic thorium and, in certain cases, of a material believed to be an alloy of tungsten in thorium. Since these results were completely at variance with the results reported in the paper under discussion and with other papcrs which had preceded it from time to time in the past, it was felt that further discussion should be withheld until the new evidence could be presented adequately. Arrangc-mcnts were therefore made to present that evidence at this meeting. Material Examined The material exalllined was high-ernission filament such as is used in radio tubes, supposed to contain about 0.75 per cent. thoria. The actual analysis was not stated. Scope of the Investigation The investigation was undertaken because of a feeling that the thorium present in filamentary material of this type exists as metallic thorium or as an alloy of thorium and tungsten and not as the oxide. Attention was therefore directed to determining: 1. The minimum amount of thoria detectible in a mechanical mixture of thoria powder and finely divided tungsten. 2. The amount of t.horia detectible in the filament. 3. The condition of any thorium present in other form than as thoria. 4. The amount of thorium dissolved in the tungsten.

By Cyril Smith

ALTHOUGH not of the same importance as electrical conductivity, the capacity for conducting heat is nevertheless a very important property of metals and alloys. A knowledge of thermal conductivity is of value in selecting alloys for many purposes and in the calculation of the efficiency of apparatus which is being designed. Unfortunately, the determination of thermal conductivity is extremely slow and tedious, consequently few data have been obtained. A further reason for the lack of information is that there has long been an impression that the thermal conductivity of an alloy is directly proportional to the electrical conductivity and that it can therefore be calculated from the latter. The Wiedemann-Franz-Lorenz law of constant ratio of the two conductivities holds with a considerable degree of precision for all the pure metals, but appreciable deviations occur in certain alloys-particularly those containing nickel-and it seems difficult to predict exactly what the ratio will be. Therefore direct determinations of thermal conductivity should be made whenever the results are, needed with any accuracy. This research is intended eventually to cover all the alloys of copper that are of commercial importance, including the binary alloys of copper with zinc, tin, aluminum, nickel, silicon, manganese, cadmium and phosphorus, and the ternary alloys copper-nickel-zinc, copper-nickel-silicon, copper-manganese-silicon, copper-zinc-tin, etc. Most of these alloys are customarily used in the wrought condition and therefore were tested in the form of annealed rods. A limited number of sand castings were also obtained and examined. This paper contains a complete review of all the previous work that has been done on copper alloys, and includes a detailed description of the apparatus and method of procedure used in the present research, together with the new results obtained on the copper-zinc series, which is the only one completed at the present time. Subsequent papers describing the other alloys will contain the experimental results and discussion only.

Jan 1, 1930

By H. J. Polta, R. W. Michelson

Discounted cash flow analysis is commonly used to evaluate the profit making potential of a business venture. The same method can be used to analyze the effects of varying physical and economic conditions upon the real cost of supplying a mineral commodity. If a fixed rate of return on a capital investment is specified, and the flow of cash, discounted at that rate, is just adequate to repay the investment over the life of the venture, the net present value of the venture is zero. At this condition it is possible to evaluate the unit cost of producing the mineral. It will be exactly equal to the selling price required to calculate a zero present value. Increasing a particular cost factor will not always increase the cost of supply by the same amount. For example, in iron production from magnetic taconite, an increased cost per ton associated with beneficiation would be integrated into the discounted cash flow model along with local, State, and Federal taxes, depletion and depreciation allowances, resultant increased unit recoveries, and all of the other related component cost factors. Rather than adding to the cost, the factor may have a positive, instead of a negative, effect on the discounted cash flow and cause a decreased cost of supply. This value can be determined by a computer model which iterates the necessary selling price until the net present value is essentially zero. The discounted cash flow evaluation model lends itself particularly well to an application of the Monte Carlo simulation method for calculating a probability distribution of iron unit cost resulting from the probability distributions of the component cost factors.

Jan 1, 1969

By K. J. Gill, P. Chiotti, J. T. Mason

Thermal, metallographic, and vapor pressure data were obtained to establish the pkase boundaries and the standard free energy, enthalpy, and entropy of formation for the compounds in the Y-Zn system. Three coinpounds with stoichiometric formulas of YZn, YZn2, and Y2Zn17 melt congruently at 1105", 1080°, and 890°C, respectively. Four compounds with stoiclziometric formulas of YZn3, YZn4, YZn5, and YZn,, undergo perztectic reactions at 905", 895", 870º, and 685ºC, respectively. Three eutec-tics exisl in this system with the .following eutectic temperatures and zinc contents in wtpct: 875ºC, 23.2 Zn; 1015ºC, 51 Zn; 865ºC, 82 Zn. The YZn, pkase undergoes an allotropic transformation. In the two phase YZn2 -YZn alloys the trans.formation gives a weak thermal arrest at 750°C, whereas in the two phase YZn2-YZn3 alloys no thermal arrest is observed and the transformation occurs over a temperature range below 750°C. At 500°C the free mzergies of formation per lnole vavy from —18,090 for YZn to —53,430 fov YZr11 and corresponding enthalpies vary from -24,050 to -92,080. The free energies and enthalpies per g atom as a function of composition show a maximum for the YZn2 phase; the 500°C values are -9580 and -13,180, vespectively. 1 HE only information found in the literature on Y-Zn alloys was the observation reported by Carlson, Schmidt. and speddingl that Y-20 wt pct Zn forms a low melting alloy. The alloy was produced by the bomb-reduction of YF3 and ZnF2 with calcium in an investigation of methods for producing yttrium metal. The solubility of yttrium in zinc has been determined by P. F. woerner2 and reported by Chiotti, Woerner, and Parry.3 In the temperature range 495" to 685°C the solubility may be represented by the relation In these equations N represents atom fraction of yttrium and T is the temperature in degrees Kelvin. The purpose of the present investigation was to establish the phase diagram for the Y-Zn system and to determine the standard free energy, enthalpy, and entropy of formation for the compounds formed. MATERIALS AND EXPERIMENTAL PROCEDURES The metals used in the preparation of alloys were Bunker Hill slab zinc, 99.99 pct pure, and Ames Laboratory yttrium sponge. Arc-melted yttrium buttons contained the following impurities in parts per million: C-129, N-12, 0-307, Fe-209, Ni-126, Mg-13, Ca < 10, F-105, and Ti < 50. Some of the alloys containing 70 wt pct or more of Zn were prepared from yttrium containing 5000 ppm Ti as a major impurity. Tantalum containers were found to be suitable for all alloys studied and were used throughout the investigation. The pure metals, total weight about 30 g, were sealed in 1 in. diam tantalum crucibles by welding on preformed tantalum covers. A 1/8 in. diam tantalum tube was welded in the base of each crucible for use as a thermocouple well. Welding was done with a heli-arc in a glove box which was initially evacuated and filled with argon. The sealed crucibles were enclosed in stainless steel jackets and heated in an oscillating furnace at temperatures up to 1150°C. Homogeneous liquid alloys were obtained within a half hr at these temperatures except for alloys containing less than 20 pct zinc. The latter alloys were held at 1000º to 1100°C for 2 to 3 days in order to obtain equilibrium. After the initial equilibrations the tantalum crucibles containing the alloys were removed from the steel containers and used directly for differential thermal analyses. Further annealing heat treatments for alloys in which peritectic reactions were involved were carried out in the thermal analyses furnace. After thermal analyses the tantalum crucibles were opened and the alloys sectioned and polished for metallographic examination. In the following discussion alloys referred to as "quenched" were obtained by quenching the sealed stainless steel jacket containing the tantalum crucible and alloy in water. The differential thermal analyses apparatus used was a modified version of the one described in an earlier paper., The graphite crucible was replaced by an inconel crucible, the nickel standard and sampie container were separated by a 1/8 in. MgO plate, no getter was used, and provisions were made to

Jan 1, 1963