Search Documents

By Coopers &. Lybrand

INTRODUCTION From a tax viewpoint, United States mining companies are at a substantial disadvantage in the international mining area compared with companies in other major capital-exporting countries, according to a 1975 study by Coopers & Lybrand for the American Mining Congress. The study compared the relative tax position of a United States investor with investors from Belgium, Canada, France, Germany, Japan, the Netherlands, Switzerland, and the United Kingdom. The comparison was based on average rates of return realizable by investor companies on four mine-model investments in twelve capital-importing countries. The countries in which these investments were assumed to be made are varied in their tax systems so that a wide range of possibilities was included in the analyses. Each mine model was standard so that the rates of return for each investment by each investor were affected solely by the respective tax systems of the capital-exporting and capital-importing countries. UNITED STATES POSITION The study found that the United States competitive position, in terms of the average rate of return on an overall basis, ranked next to last among the nine capital-exporting countries in the study. Further, the United States overall rate of return is more than 20% below that of the country (Japan) with the highest overall rate of return. On an average return-on-equity basis, the United States' position among the nine investor countries, for each of the mine investments studied, was: copper, eighth; iron ore, sixth; nickel, fifth; manganese, a tie for last place. Figure 1 shows the overall results realized by each capital-exporting country on the basis of average return on equity. [ ] The frequency with which a given capital-exporting country attains the highest or next highest rate of return in a capital-importing country provides further insight and another basis for comparing the tax laws of the capital-exporting countries. Of the situations compared in the study, the United States never attained the highest rate of return, and reached the second and third highest rate of return in only two instances. The tables showing the frequencies of rankings are given in Table 1 for each of the four mine models. In summary, the United States mining company does not have a competitive advantage under the tax rules when competing for mineral concessions in other countries. The United States company, in fact, appears to be at a clear disadvantage. The study also considered the effect of the following recent tax proposals on United States investors in international mining ventures:

Jan 1, 1985

By Charles T. Holland

This discussion is concerned with those comparatively infrequent bumps that eject material from the failed mass with enough energy to wreck heavy machinery and seriously injure or kill people. In such cases there is a loud report, and the pressure waves set up in the mine atmosphere wreck ventilation controls several hundred feet from the site of the failure. Vibrations are induced in the earth's crust which may be detected several miles from the point of origin, and explosive gases may be released in large quantities.* Usually a dense suspension of dust is produced from the failed mass, together with dust placed in suspension by the resulting air blast. These rock bursts or bumps have also been called mountain shots, bounces, pillar bursts, and crumps. Such occurrences, when extensive, are serious catastrophes, and may force abandonment of the mine.1

Jan 9, 1958

By W. A. Thatcher

Nearly three years of experience in Spanish Honduras has placed the writer in possession of many facts concerning its resources which may be of interest to the Institute. According to the most trustworthy surveys, Honduras is bounded on the north and east by the Caribbean Sea; southeasterly by the river Segovia (or Wanks), which flows into the Caribbean at a point called Cabo Gracias a Dios (Cape Thanks be to God), long famous as the favorite hiding-place of the celebrated pirate, Morgan ; southwardly by a corner of San Salvador, the Bay of Fonseca, and the Republic of Nicaragua; Guatemala and San Salvador form tile western boundary. It is one of the five republics composing Central America, has a population of about 310,000 and an area of 150,000 square miles, lying between the 13th and 16th degrees of N. latitude, extending from north to south 200 miles, between the Atlantic and Pacific, and 400 miles from east to west, between Guatemala and Cape Gracias a Dios. It is composed of 13 States or Departments, under one common law. The principal resources are valuable woods, hides, rubber, tobacco, coffee, fruit, cattle, silver and gold. It is of the mineral resources of the country that I will speak, calling attention to the most noted mines, and their relative position to Tegucigalpa, the capital. The introduction of foreign capital into the country dates back about eleven years, and to-day there are at least twenty-five well organized companies.

Jan 1, 1892

By Ali Altway, M. E. Tunison, T. W. Chapman

Simulations of various contactor configurations for simultaneous extraction or stripping of two metals reveal the dependence of conversion and selectivity on operating and design parameters A two-film mass transfer model is used to provide the rates in countercurrent column and stirred-tank cascade calculations Even in these mass-transfer-limited cases the stoichiometry of the extraction reactions introduces nonlinearities and interactions between the two metal transfer rates, but these can be represented In a suitable model One conclusion is that a countercurrent column should be considerably more efficient than a cascade of mixer-settlers of comparable size.

Jan 1, 1981

By E. W. Felegy

THE need for improved mine communication to increase efficiency and to insure greater safety has long been recognized. General and unrestricted communication between all points underground, and between the surface and all points underground, is probably the least advanced phase of the mining industry. An ideal system of mine communication must re- quire no fixed wire installations. The equipment must be small, lightweight, and readily portable, and the power requirements low. A system that can be used not only under normal circumstances but also in an emergency, when the continuity of wires, tracks, and pipelines may be disrupted, must function independently of any aid furnished by standard installations.

Jan 5, 1953

By Gerald M. Friedman

CONVENTIONAL usage defines emery as a natural aggregate of corundum and magnetite. Because emery bodies contain abundant spinel two types are recognized, spinel-bearing and spinel- free. Watson and Steiger1 introduced the name spinellite for emery in which spinel is a major constituuent, but this term has not been generally adopted. Spinel emery grades locally into spinel magnetite rocks with or without accessory corundum. Even this variety has been used commercially in the past. The term emery therefore applies to natural aggregates composed of corundum and magnetite; corundum, magnetite, and spinel; and spinel and magnetite.

Jan 7, 1957

By Roger L. Winter, Borje O. Saxberg

Some form of wage incentives has been used traditionally in the mining industry to determine miners' pay. However, very little is actually known about the administration of such wage incentive plans in mining. As far as the authors know this is the first time a general examination of wage incentive systems as applied to underground mining has been undertaken.* This article reports the results of an investigation pertaining to the administration of wage incentive programs for miners who drill, blast, and load- mainly in underground metallic mining operations. This investigation was conducted to obtain management's views and attitudes towards wage incentives; therefore, the results do not necessarily represent accurately the thoughts of the miners themselves nor those of any organized union of miners.

Jan 10, 1960

This is a brief account of the history of unit operation in the Salt Creek field, Wyoming, from the time of the agreement to prorate production in March, 1921, to the present. An attempt has been made to evaluate the savings in development and production costs resulting from the unit plans adopted. Summarized, these savings have amounted to $11,650,000. No effort has been made to estimate any increase in ultimate recovery, for it is believed that unit operation can be justified on saving in development and production costs alone. It would require nearly 20,000,000 barrels of additional oil to be produced in order to return the amount saved by not drilling unnecessary wells. Four horizons are affected by unit or near-unit programs, as follows: The principal operator is under contract with six companies to operate 10,400 acres. This includes all of the productive area of the First Wall

Jan 1, 1930

By Everett M. White

Numerous articles have been written in regard to the man who mines coal and he has been likened to brave men in all ages who have gone out to conquer some unknown hazard. Now, however, modern mining is no longer something to be avoided but is a vocation that anyone can well be proud of, with remuneration equal to or above that of almost any industry. A concerted effort is being made each day by both the operator of most mines as well as the state and Federal inspectors to see that coal mines are as safe or safer than any other industry. However, it is true that mine fires and explosions have occurred in the mining industry since its earliest inception. One of the earliest accurate references to such an occurrence is found in the transactions of the Royal Society of London. In the Colliery Managers' Handbook, 1898, Caleb Pamely writes of an explosion that occurred at Fatfield, England, which resulted in the death of 69 persons in August 1708. It is interesting to note that he states, "Three of them, viz, two men and a woman, were blown quite up from the bottom of the shaft, fifty-seven fathoms deep, into the air, to a considerable distance from the mouth of the pit." From this statement it is noted that women were employed as miners in England during that period. Numerous mine fires and explosions have occurred in mines in this and other countries. Several of them claimed more than 100 lives. Among the greatest losses was a mine explosion in West Virginia that claimed 361 and a mine fire in Illinois that claimed 259. Although no one would minimize the seriousness of a mine fire or an explosion, yet in too many cases they have been publicized out of proportion. This especially is so when compared with the accident rate of other industries or on our highways. It should be remembered that of these general classifications of hazards in mining, mine fires and explosions rank very low in the accident rate in any given year. In modern times the coal industry has completed two years or more, at various times, without a single major disaster. The

Jan 1, 1973

By H. F. Winham

THE history, development, subsurface geology, production, economics and estimated reserves are discussed in this paper. The Magnolia structure is an anticline with a known maximum structural relief at 372 ft., and the areal extent of the producing acreage is 4494 acres. Production is obtained from the Smackover oölitic lime and 116 successful wells have been drilled. The field, which was developed on 4o-acre spacing, has been under strict control. It is believed to be producing with a strong water drive. To date it has produced more than eighteen million barrels and the estimate of ultimate recovery is 220 million barrels. EARLY HISTORY The Magnolia field is in Columbia County, Arkansas, T. 17 S., R. 19 and 20 W. Various geologists had long been interested in this general area, and as early as 1921, John F. Magale was able to define a surface structure. The first wildcat, one of the first in Columbia County, was drilled in 1923 by Mid-States Oil Co., in sec. 10, T. 17 S., R. 20 W. This well was about 1 ½ miles northwest of the Kerlyn Oil Company's discovery well and was based on surface geological work done by jewel and Dobie. Subsequently, several shallow wells that were not carried below the Upper Cretaceous beds were drilled in the immediate area of the discovery well, but none of them contained any commercial showings of oil or gas. In the latter part of 1935, Elam and Magale (or Southwood) Garrett No. I was located in sec. 13, T. 17 S., R. 20 W., ¾ mile east of the discovery well. It was drilled to a total depth of 4018 ft. in the lowermost Glen Rose beds but failed to obtain any showings of oil or gas. Interest had been stimulated in this general area, however, by the discovery of several oil fields, mainly Glen Rose oil production in the Rodessa field in Louisiana in 1935, Smackover lime production in Snow Hill in May 1936, production from the Cotton Valley formation in Schuler in 1037, and Smackover lime production from the Buckner field in November 1937. With this background and subsequent seismic work, which was carried on partly because the old shallow wells drilled in the township had shown evidence of closure in the Upper Cretaceous beds, the discovery well, Kerlyn Oil Company's Barnett No. I, sec. 14, T. 17 S., R. 20 W., was originally projected to a total depth of 6300 ft., to test the equivalents of the Morgan sands of the Cotton Valley series, then producing at Schuler. The well was carried to a total depth of 6325 ft. and tested the objective beds without finding commercial production. In the meantime, however, one well had found production in the Jones sand and another in the Smackover lime at Schuler. Kerlyn immediately made arrangements to deepen the Barnett well to the Smackover lime. The top of the Smackover lime was encountered at 7618 ft. and the well was cored and drilled to a depth of 7740 ft.

Jan 1, 1942

By William P. Blake

Travelers in the desert regions of the southwestern portion of United States, especially along the valley of the Colorado of the West, can hardly fail to note that most of the rocky outcrope of the harder rocks have a uniform prevailing blackness of the surface, in strong contrast with the normal color of the interior of the rock when freshly broken. For example, the granitic or gneissic rocks of Pilot Knob, below Yuma, are blackened beyond easy recognition. So also rocks upon the lower Mojave in California are so thoroughly blackened, as if painted, that ordinary gneiss can scarcely be recognized without breaking it so as to show the interior color and structure. The discoloration is not confined to the rocky outcrops in place, but is found upon boulders and upon the loose rounded pebbles which strew the surface of the mesas along the Colorado river. These fragmentary rocks partake of the general blackening.

Jan 1, 1905

By Calvin C. Brown, John Bigando

Pit slopes at Cananea commonly vary from 50-55°, and some have been standing for over 25 years. Their maximum vertical extent is 700 ft. Investigation of these slopes and the rocks of which they are composed has led to the decision to experiment with final pit slope angles of up to 70". Precision blasting to obtain a smooth final pit wall with minimum raveling is an integral part of this field experiment. Presplitting, one of the precision blasting techniques, requires the drilling of a single row of holes along the limit of a pre- designed excavation. The hole spacings and charge concentrations must be experimentally determined in the field, using published data as a base (Table 1). The holes are fired prior to the main round and carry no burden and therefore produce no broken rock. Thus, it is an operational cost with no direct return on investment.

Jan 9, 1972

By Terry G. Richard, Sunder H. Advani

A sequence of 250 unconfined compression tests were completed on a common marine shale indicative of the overburden strata of east- central Ohio. The samples were of a light gray clay shale of Pennsylvanian age. The shales considered are obvious layered materials with distinct bedding planes. For this reason there is sufficient evidence to consider this material as anisotropic in nature. With a properly chosen reference coordinate system this anisotropy can be reduced to a layered orthotropic characterization. This implies that the mechanical properties can be specified with regard to principal material directions. With this nature in mind a systematic study of the combined influences of strain rate and moisture conditioning was initiated. Of particular interest is the variations in unconfined ultimate compressive strength with variations in the controlled parameters of strain rate, moisture conditioning level and direction of testing. Results of this particular phase of the program are presented.

Jan 1, 1982

By J. Weng

The equations of heat conduction are numerically solved for two kinds of artificial freezing- mechanical freezing and liquid nitrogen freezing. A two dimensional finite difference model simulating the freezing field is developed. The procedure introduces a way to simulate the effect of latent heat released when water transforms from liquid to solid. The procedure also produces a way to calculate the harmonic mean of heat conductivity used when dealing with heterogeneous material. The theoretically derived temperature distributions in frozen soil are given and compared with measured data. An analysis made on the thermal design in shaft freezing. The average temperature of frozen soil is calculated by using numerical integration. The regularity of development of frozen soil radius is revealed and given in an appropriate mathematical model.

Jan 1, 1984

By Clarence Linville

FULTON1 says: "Speiss is an artificial arsenide of iron containing smaller amounts of other metals. In constitution it is similar to a matte except that arsenic replaces sulfur." For the purposes of this paper it will be necessary to broaden the definition, and I propose the following: Speiss is an artificial mixture of arsenides, of which arsenide of iron may be taken as a type, but iron may be replaced in part or wholly by other metals (such as copper, nickel, cobalt, lead and zinc) and the arsenic may be replaced in part or wholly by antimony. In addition to antimony and arsenic, speisses often contain sulfur. Speisses usually also contain both silver and gold. Table 1 illustrates the variations that may be encountered. TABLE 1.-Speiss Analyses

Jan 5, 1925

By Gilbert P. Moore

Production in the Argentine in 1930 amounted to 1,415,099.7 metric tons, which converted into barrels of 42 gal., using the factor of 6.29, amounts to 8,909,773 bbl. This is a decrease of 481,613 bbl. from the 1929 production, which was 9,391,386 bbl. The production for 1930 was divided among three fields, as shown in Table 1. Table 2 covers Table 1.—Argentine Oil Production, 1930, by Fields Barrels Comodoro Rivadauia District Government........................................... 4,547,670 Railways Co........................................... 1,314,358 Astra-Eastern......................................... 1,016,024 Anglo-Persian......................................... 365,021 Solano Co............................................. 24,613 Dutch Shell........................................... 6,963 7,274,649 Neuquen District Government........................................... 569,245 Standard Oil-Argentina................................. 659,551 Astra-Eastern......................................... 8,234 Challaco Co. (Sol)...................................... 121,598 1,358,628 Salta District Government........................................... 90,576 Standard Oil-Argentina.................................. 185,920 276,496 8,909,773

Jan 1, 1931

By W. R. Ingalls

SOME months ago, I had occasion to make an investigation that introduced the subject of blue powder that is produced as a byproduct in zinc dis-tillation. Although every zinc smelter is aware that more or less blue powder production is inevitable and there is a common practice as regards the treatment of it, the specific and quantitative data respecting the subject were more imperfect than would have been expected. I had reports from eight important works. Some of the data were especially determined for my investigation. Speaking generally, there is a good deal of uniformity in the figures, all of which show that the blue powder product, bears a large proportion to the ore originally charged into the retorts; that a large proportion of the retort capacity is devoted to the redistillation of blue powder; and that of the spelter product of a furnace about 30 per cent. is derived from blue powder, i.e., it is zinc that has been distilled twice. The figures from the works are given in the following table:

Jan 4, 1922

A mine in the mountains of southeastern British Columbia is fast earning a reputation as the safest metal mining operation of all time. Already officially proclaimed as the safest mine in Canada, the H.B. mine of The Consolidated Mining and Smelting Co. of Canada (Cominco) continues to advance its safety performance far in the lead of average accident frequencies in mines across the country. Official recognition came its way again this spring when the Cominco mine was awarded the John T. Ryan trophy for the fourth time in the last five years. This award is emblematic of top national safety performance of a metal mining operation. The H.B. mine is its only four-time winner. The Ryan award is based on a frequency of accidents involving lost time of more than six days. In each of the years that the H.B. has won the award-1958, 1959, 1961 and 1962-its frequency was zero, with no accidents involving a time loss of more. than six days

Jan 12, 1963

By C. A. Stetefeldt

In my paper on "The Consumption of Fuel in the Taylor Gas-Producer Plants at the Aspen and Marsac Mills" (Trans., xxiii., 134), I mentioned that in the plant which I had designed for the Ontario mill, the gas-tubes were to be covered with thin, corrugated sheet-iron, over which a coating of asbestos-magnesia would be spread in order to effect a good insulation and keep the gas as hot as possible. At the Ontario mill, two Stetefeldt furnaces and two revolving driers are fired with gas. One furnace is connected with a Taylor producer of 5 feet diameter, and the other furnace and the two driers are heated by the gas from a Taylor producer of 7 feet diameter. In the latter case the gas-tubes are necessarily somewhat long, and the cleaning of them takes time. In order to prevent overheating of the tubes during that operation, it has been found advantageous not to provide them with an insulating covering. If a tube becomes red-hot at any place by the burning of soot, this is at once observed, and the tube is closed until it cools down. The tubes con-

Jan 1, 1895

By E. F. Jr. Young, H. E. Steinman, G. C. Smith

Through a progressive laboratory and pilot-plant program Jones & Laughlin Steel Corp has analyzed and corrected mine drainage pollution problems at all of its coal mines. In conducting this program, the company found no "typical" drainage discharge. Each discharge point at each mine was unique, so that varied approaches were needed to eliminate stream pollution. To illustrate the variety of these approaches, the treatment of drainage from foul, discharge points at three mines in Pennsylvania will be considered here. The flows and critical analyses of the drainage sources and treated effluents arc shown in Table I. Hydrated Lime Works at Thompson Borehole The discharge stream from the Thompson bore- hole at the Vesta No. 5 mine flowed into a small branch creek where it created a "yellowboy" deposit and affected aquatic life. Investigation indicated that hydrated lime would neutralize the acid and precipitate ferric iron without aeration. Treatment of the 150.000-gpd flow, however, created about 4000 gpd of wet sludge for which there was no nearby accumulation site. With State approval, this sludge was deposited through an unused borehole into an abandoned section of the Vesta No. 6 mine several miles away.

Jan 1, 1970