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By D. J. Turk

Stillwater Mining Company’s, Nye Operation has been producing PGM concentrate since 1987.Several expansions have allowed for increasing capacity from the initial rate of 500 tons per day, to its present capacity of 3,000 tons per day. The expansions were performed with minimal impact upon production and maximum utilization of the existing equipment. The latest expansion incorporates a 6’ X 18’ SAG mill, 13’ X 20’ Ball mill, pebble crusher, rougher flotation cells, 1250 Hp tertiary grinding mill, middling and scavenger flotation cells, and cleaner column flotation cells. This paper will describe the concentrator flow sheet, and controls for improved concentrator performance.

Jan 1, 2000

By S. C. Borah

Graphite, a mineral form of pure carbon, is one of the most versatile minerals in industry, because of its varying physical properties and characteristics. The mineral occurs naturally in the form of tubular crystals or microcrystalline earthy lumps, or it is disseminated in rocks, which have undergone intense metamorphism. India has a large deposition of graphite minerals out of which about 43% are found in Arunachal Pradesh. However, compared to the rest of the country, the North-East Region and particularly Arunachal Pradesh has not attracted attention till date for detail investigation for characterization, beneficiation, prospecting and/or exploitation of the mineral resources including graphite. Bulk graphite sample were collected from upper Subanshiri district of Arunachal Pradesh. Chemical analysis of the representative samples were carried out and found that 7.29%, 19.60% and 6.07% of fixed carbon (FC) is present in graphite sample collected from La-Lamdak, Bopi and Taliha, Arunachal Pradesh, respectively. Chemical analysis of the ash of the graphite sample shows presence of impurities such as silica, Al2O3, Fe2O3, Ca, Mg etc in the graphite sample which are also supported by XRD and SEM-EDX investigation. The graphite samples of Arunachal Pradesh are low grade and do not fulfill the market requirement for the industrial applications. Therefore, low-grade graphite is subjected to beneficiation for the upgradation of the graphite for industrial applications. We have adopted the dispersion?cum-settling technique for the beneficiation of the graphite sample collected from Arunachal Pradesh. The FC of 40.21% with 41.17% raw graphite recovery which is equivalent to 71.02% carbon recovery have been obtained by gravity separation technique using only distilled water without any chemical reagent in case of graphite sample collected from Bopi, Arunachal Pradesh. The graphite sample is upgraded up to 47.75% FC with 41.91% raw graphite recovery, which is equivalent to 85.85% carbon recovery with the pH adjustment at 9 with NaOH. Keywords: graphite, beneficiation, gravity separation, arunachal Pradesh

Sep 1, 2012

By Carl R. Peterson

[In lTI n,v und I'gr'oun nllnin~ Opt'I'ali n' the high . t cost is the loading and I 3ulage of t tln-of -D"'line ot'. 01' hauling costs can be r duced signifi-cant\v with the us ~ (r \) >It corn'e)'OI' " a COnlTllOn pl'acti c i.n coal and other s 0 t'L rn I n r' a l III i, n e , '. Jf 0 vel s i z ' () f' e can bee 1 i 11.11 tl ate I rH'i 0 I' lO C n v e . in g, ]

Jan 1, 1976

The 1999 edition of the Australasian Code for Reporting of Identified Mineral Resources and Ore Reserves (the æJORC CodeÆ) became effective in September 1999 and is the latest revision of a Code which was originally issued in 1989, but which has an ancestry dating back to the first JORC report released in 1972. The modifications introduced in 1999, which are briefly discussed in this paper, substantially improved the document, but did not materially alter the fundamentals of the Code, these being the Mineral Resource/Ore Reserve classification framework and terminology, and the requirements and guidelines for public reporting of Resources and Reserves. Codes or guides similar to the JORC Code exist or are under development in other countries, including the United States of America, Canada, the United Kingdom and South Africa. It is pleasing to note that the 1999 JORC Code has been used as a model by these countries in developing their latest standards, and has been a major influence in the formulating of international reporting standards. The JORC Code is primarily a document covering the reporting of the results of mining companiesÆ activities to the public. However, mining geologists are interested in practical assistance and guidance in carrying out their duties. The JORC Code provides this in four ways. It establishes a framework within which those preparing and publicly reporting Mineral Resource and Ore Reserve estimates must operate, by setting standards for the classification and reporting of Resources and Reserves and for qualifications of Competent Persons. It establishes the division of responsibility between the companyÆs Board of Directors and Competent Persons with respect to the preparation and reporting of Resources and Reserves, and empowers Competent Persons to materially influence how their Resource/Reserve estimates are reported to the public. It provides an extensive, detailed and practical check list of criteria to be taken into account in the preparation of Mineral Resource and Ore Reserve estimates. Finally, it provides a strong measure of due diligence protection in the event of litigation if it is followed with diligence and honesty.

Jan 1, 2000

By Albert H. Fay, Herbert M. Wilson

The national mine-safety demonstration at Pittsburgh, Pa., was projected and undertaken in the hope that it would aid the increase of safety in the mining industry. That the national mine-safety demonstration was warranted and has served a useful purpose was evidenced by the attendance, not only at the public demonstration in Forbes Field, but also at the more special exhibit of the work of the Bureau of Mines at the arsenal grounds and at the experimsntal. mine. Nearly 2,000 persons witnessed the demonstrations and exhibits of the Bureau of Mines at the arsenal grounds on the morning of October 30, 1911. The spectators were all mine operators, miners, or persons interested in mining, and represented operations in all parts of the United States. Nearly 1,200 of these persons visited the bureau's experimental mine at Bruceton to witness ~th~explosion of coal dust. Had the weather, which was exceptionally inclement, been more favorable, there would doubtless have been a much larger attendance. At the public demonstration in Forbes Field, which· was witnessed by President Taft, from 12,000 to 15,000 persons, chiefly mining men, were present and attested their interest and enthusiasm in the minesafety exhibits by remaining throughout the proceedings, regardless of the rain which fell all the morning .. Sincethis demonstration, the organization of first-aid corps and of rescue corps has been undertaken at mines where there had previously been no such organizations. The bureau has received letters of commendation attesting the value of the demonstration in drawing· attention to the dangers and to possible means of greater safety in mining. Many of these letters have urged that the results of the demonstration be published for the guidance and instruction of those who were present. In response to these reauests the following account of the mine- BlIIeLY demonstration lias been prepared. IIi its preparation various division and section chiefs of the Bureau of Mines have cooperated. The authors acknowledge the assistance they have received from those section chiefs and other members of the bureau who contributed detailed descriptions of apparatus exhibited at the demonstration or of investigations represented.

Jan 1, 1912

By D. Chetty

Process mineralogy forms an integral part of geometallurgy, with ore body characterisation being but one piece of the puzzle in optimising value derived from ore. This value is not only financial, but importantly speaks to sustainability from environmental and social standpoints. The reactive approach of traditional process mineralogy is increasingly being replaced by predictive methods in the geometallurgical sphere, for which mineralogical information must be timeously acquired on judiciously selected sample sets to understand ore variability and its impact on orebody processing. Such processes are not only metallurgical, but must incorporate mining and waste management protocols. Dwindling resources like water and energy also demand innovative approaches for lowering consumption and/or promoting recycling along the value chain. Addressing such challenges relies on appropriate characterisation of ore behaviour under different process regimes. Coupled with this, emerging characterisation tools are increasingly applied to understand the mineralogy of unconventionallypresented and difficult-to-process ores to meet societal and technology demands. Such tools are often accompanied by the generation of large, computationally intensive datasets, for which data management and storage are key requirements, particularly when deciphering temporal trends in ore and process variability. This paper will elaborate on these themes with examples that highlight the importance of process mineralogy throughout the minerals value chain. Keywords: Process mineralogy, ore characterisation, geometallurgy

Jan 1, 2020

By Collin L. Stewart

The high cost and limited flexibility of modern longwall systems has resulted in the need for mine engineers and geologists to predict possible adverse mining areas ahead of mining and to then design and implement suitable ground control solutions in a timely and cost effective manner. Therefore, over the last 30 years, geo-technical evaluations for coal mine planning and development have advanced from a minor afterthought to an important part of today?s successful, high capacity, longwall mining operations. The latest iteration in this progression of improved analysis for predicting future mining conditions is a computer-based Stability Mapping System developed by West Virginia University. This system is designed to allow the mining engineer and geologist to effectively combine the mine geologic characteristics, stress influences, and structural features into an integrated stability map for use in mine planning and support design. This paper details the application of the stability mapping system to Bowie Resources, LLC, Bowie No. 3, multiple-seam longwall coal mine. At this mine, the prediction of adverse mining conditions using the stability mapping system allowed management to accurately adjust their support densities and operational procedures, and to successfully mine through difficult conditions safely and successfully.

Jan 1, 2006

By T. E. Wakefield

Over several decades in Southern Africa the advance rates when sinking vertical shafts have declined significantly. The upside has been a substantial improvement in shaft bottom conditions and a commensurately improved safety performance, with an increasing number of shafts being sunk without fatalities and disabling injuries. This paper briefly reviews historical sinking rates and matches changed sinking productivity to the introduction of new sinking methods that have been adopted to eliminate/mitigate safety risks. Meeting the challenge of returning to historical advance rates whilst progressing in the quest for zero harm by utilizing three dimensional animated computer modelling is described. Making use of commercial modelling software makes it easier to evaluate different methods, sequencing, in shaft barrel ergonomics, and stage and shaft bottom layouts before procuring project plant and equipment. Benefits accrue not only in better communicating methods and configurations for detailed planning and design, but also during crew training. The traditional engineering ?as-built? drawing practice has been extended to the concept of an ?as executed? sinking model which seeks to capture operational experience and learning for future best practice. The paper concludes with some of the organizational culture challenges being overcome as this non traditional approach to shaft sinking optimization is being introduced.

Jan 1, 2009

By J. H. Archibald

"IntroductionShot-saws are used for sawing rock throughout the dimension stone industry especially in granite quarry mills. Shot-saws, as currently designed, have an inherent wear problem which leads to slow cutting rates and repetitive blade changes which consumes much time. Because the saw blades are made from steel the abrasive shot used with them is limited to a certain hardness which effects the over-all efficiency of the sawing operation. Suggestions are made toward optimization of blade design and the sawing process. Blade DesignA common steel blade design is shown in Figure I. Note the perforations in the blade. These perforations or holes in the blade serve two or three purposes. The most obvious reason is to allow the abrasive shot a pocket in which to collect at the bottom of the blade, so that it can be distributed from these pockets into the cutting zone underneath the blade. The abrasive is fed to the saw in a slurry and usually comes in from the top. The blade must then cut a kerf wider than itself in order that the abrasive grains have a path leading from the top of the blade, down along its sides, and finally reaching the pockets and cutting zones. This circuitous path followed by the abrasive leads to side wear on the blades and high friction which can lead to blade buckling in severe cases. However, the fluidized path of the abrasives down the sides of the blade serves another purpose which is a positive gain if conditions are properly controlled. The abrasive slurry interacts with the perforations of the blade, the blade itself and the rock. This gap and the perforations in the blade, which are fluid filled, are sites of constant shearing motion. Eddy currents form in these gaps and pockets which tend to stabilize the blade by setting up balanced hydrodynamic forces which otherwise might not form in a non-perforated blade. A stable blade produces a more uniform cut in the rock. The third and final reason for the perforations are to allow the blade to wear in such a fashion that new pockets are always being formed and, consequently, new cutting surfaces between these pockets are also formed."

Jan 1, 1993

By Frederick Felder

The paper point out the Angostura deposit is located in Colombia. The Angostura deposit, located within the Eastern Cordillera of Colombia is hosted by Triassic-Jurassic quartz monzonite and quartz diorite porphyries emplaced into Precambrian gneisses of the Bucaramanga Group. Silicification, pyritization, sericitization, alunite and pyrophyllite and other alteration and indicator minerals suggest a high sulfidation origin for the strong hydrothermal alteration. Major faults and shear zones occur in the area with NE, E-NE, E-W, WNW, NW and N-S directions. Analysis of geological results and structural modeling has also demonstrated that there is potential for additional high-grade ore shoots within the presently known mineralized structures. Delineating these structures should result in an increase of overall grade and contained ounces.

Apr 22, 2003

By B. M. England, L. C. Mackey

Magnesia minerals are included in most iron ore sinter mixes to provide the MgO requirements of blast furnace slag. The properties of these minerals have an influence on the eventual sintering properties of the mixes. A detailed study was undertaken of serpentine and dolomite and the use of limestone, olivine and magnesite was also investigated. A consideration of particle properties indicated that as these materials calcine a reduction in size can occur together with cracking and changes in surface properties. These changes could affect the permeability of the sintering bed and sintering performance. Studies of sintering reactions showed that magnesium and calcium, formed from the calcination of dolomite, are extremely mobile before the formation of melt. Evidence suggests that the movement of these oxides into surrounding areas is via a solid-state diffusion process. The diffusion of Ca into the surrounding hematite particles is faster than that of Mg, resulting in the formation of dicalcium ferrite and magnetite or magnesioferrite, the last two subsequently being converted to dicalcium ferrite in the presence of Ca with removal of Mg from the structure as ferroan periclase. Studies of pilot-plant sinters indicated that reaction mechanisms formulated from the bench-scale studies were occurring in actual sintering processes. The differences in sintering reactions between dolomite and serpentine were considered to be the major cause of differences in the availability of lime for bonding phase formation. Pilot-scale studies indicated that the sintering properties of a mix containing dolomite could be improved by increasing the basicity of the sinter mix while keeping the MgO level constant

Jun 18, 1905

By E. V. Deshayes, W. E. Young

"INTRODUCTION The Camp Bird mine was investigated by Bureau of Mines engineers 3/ September 22 and 24, 1942, and April 29 and 30, 1944. In a subsequent report and supplement, it was recommended that core drilling be done below the 14th. level to determine if commercial ore existed at greater depths, and particularly if ore existed in the vein or adjacent thereto where it passes into the sedimentary formations estimated to underlie the volcanics approximately 400 feet below the 14th level.Seven diamond-drill holes aggregating 3,956 feet were drilled. Four of these holes were under the Hematite ore body and three were under the Big Discovery ore body. Two holes under, the Hematite ore body wore directed at angles but little steeper than the angle of dip of the vein and penetrated the sedimentaries beneath the volcanics close to the vein. Enough low-grade ore was found at the base of the Telluride conglomerate to indicate the presence of a large body of low-grade zinc sulfide ore. Two holes were directed to crosscut the vein at a depth of approximately 125 feet below the 14th level. No commercial ore was cut, but the vein showed the average width and same general characteristics as at the 14th level. One hole under the Big Discovery ore body was directed to crosscut the vein and test the base of the Telluride conglomerate in the footwall block. No commercial ore was found in either the vein or the sedimentary horizon. One hole was directed to test the base of the Telluride conglomerate in close proximity to the vein in the hanging-wall block. This hole was lost approximately 100 feet short of its objective, and a third hole was drilled to accomplish this same thing. The third hole was stopped approximately 50 feet short of its objective when failure of equipment caused a recess of the"

May 1, 1948

By Vincent Jue

In December 2009, the Italian High Speed Rail Network AV began running over the full 1000 km system length from Turin, at the foothills of the Alps to Salerno, on the seacoast south of the volcano Mt. Vesuvius. It runs through Alpine rivers, highly seismic active zones, mountains, river plains, and through some of the most densely populated areas in Europe as well as some of its most expensive real estate. The Italian High Speed Network?s technical/economic constraints and its regulatory/socio-environmental concerns well may mirror similar obstacles set to confront the nascent California High Speed Rail Program. The two types of constraints must be dealt with together to reach the best construction solution. It is estimated that more than 20% of Italian High Speed Rail Network costs were spent on ground engineering including over 150 km of tunnels, 200 km of viaducts and bridges and 650 km of embankments and trenches. However, it also is estimated that 25% of costs were spent on social and environmental integration of the new rail lines including over 6 square miles of green offsets, 160 km of anti-noise walls, and 300 agreements for socio-environmental work. This paper will look at four examples of innovative ground engineering solutions, each with its own intricate set of constraints: ? Foundation system for viaducts across the ?Po? and ?Ticino? rivers. ? Soil consolidation under railway embankments ? Requirement of short tunnels for physical and environmental reasons ? Construction of railway stations in a confined right of way

Jan 1, 2010

By J. Bélanger, B. Semlali, M. Grenon

RÉSUMÉ La conception des fosses ainsi que l'évaluation des ressources géologiques et des réserves minières sont désormais réalisées entièrement à l'aide d'outils informatiques spécialisés. Cependant, plusieurs analyses, pourtant essentielles à l'évaluation de la viabilité du projet, sont réalisées en parallèle sans véritable optimisation ni synergie avec l'ensemble des données disponibles. Cet article présente deux approches permettant d'intégrer certains types d'analyses aux modèles de blocs miniers. Ces approches permettent de quantifier la broyabilité du massif rocheux ainsi que d'étudier la stabilité des pentes minières à même les outils d'optimisation et de planification minières. Cette méthode permet dès l'étude de faisabilité d'un projet minier de maximiser les données disponibles, menant ainsi à une approche plus intégrée en conception minière. De plus, ces approches sont flexibles et permettent d'évaluer rapidement plusieurs scénarios, tout en laissant la possibilité de bonifier le modèle et de revoir la conception tout au long du projet minier.

Jan 1, 2010

By Don Welch

Pressures for change ?Land use constraints ?Project financing ?Local communities ?Environmental issues ?Sustainability requirements ?Stricter regulatory procedures ?Technical excellence ?Reduce risk ?Impacts of failure & non-compliance

May 1, 2010

By Wilfred P. Schmoe

Introduction An integrated oil company has two options in approaching strategic planning. It has to decide whether it is in business for the long-term. I state this in all seriousness. Those who help manage public companies have the responsibility of good stewardship of other people's money. We must decide whether continued investment in our basic business will generate a reasonable rate of return. With a world surplus of petroleum production capacity, and continuing downward pressure on prices, this question should be addressed by all oil companies. And a positive answer is not necessarily a foregone conclusion in all cases. The decision should be made based on proven competence in finding and developing petroleum reserves on a cost-competitive basis with other producers, and on a frank analysis of future prospects. This should include a realistic assessment of the projected rate of return on specific investment projects. If a company did not pass these tests, its strategy could take one of four paths. Diversification First, it could diversify. But recent history suggests that oil companies are not good at managing other businesses. Second, it could seek a buyer for its business at the optimum return for its owners. Third, it could sell its assets on a piecemeal basis. And, fourth, it could adopt a longer-range plan of self-liquidation by living off current recoverable reserves. In other words, by not investing in exploration and development, it could maximize short-term profit and pass the money back to shareholders in the form of dividends. The Conoco component of DuPont has a below-average cost of finding petroleum, a good track record of efficient production, and a full plate of projects that pass the test of return-on-investment. In short, Conoco is in business for the long-term. That fact, in itself, determines at least one key element in strategy. This is to extend the life of the petroleum reserve base while at the same time maintaining maximum efficient rates of production to provide a strong cash flow. A company that is able to maintain a strong reserve base will ultimately see the value of those reserves escalate as world oil supplies tighten. Our planners expect this tightening to occur within the next decade as demand grows and production in non-OPEC areas of the world begins to decline. An exploration program tailored to meet the requirements of reserve replacement and current production should have two basic parts. The first is relatively low-risk exploration in proven oil provinces. This is augmented by

Jan 6, 1985

By Hugh S. Spence

IN MAY, 1930, G. LaBine and E. C. St. Paul, prospect¬ing round the southeastern shore of Great Bear Lake, in the North West Territories of Canada, discovered pitchblende at what is now LaBine Point. At the same time, they also found native silver in a small sheared break on an island lying off the point. Late in 1930, samples of the pitchblende were sent to the Mines Branch, at Ottawa. The material consisted of several fair-sized slabs of botryoidal pitchblende banded with a brownish quartz. A small amount of chalcopyrite was visible as small particles and fine veinlets, and the pieces were rather heavily stained a yellowish-green by secondary copper-uranium salts. Analyses were run in the Mines Branch Ore Dressing Laboratories on two samples, and small-scale concentration tests were made on one of them. The results of this work were published in a Memorandum Series report (No. 48) of the Mines Branch, in March, 1931.

Jan 1, 1932

By A. Cabañas

"In this paper, geostatistical techniques are applied to forecast the annual copper price in the short and medium terms (from one to five years ahead). These techniques allow the incorporation of monthly and multivariate information in the analysis and provide more accurate results than traditional approaches, especially as far as the one-year forecast is concerned.A second advantage of geostatistics stems from its ability to assess the uncertainty associated with the unknown future prices, thanks to estimation variances or confidence intervals, depending on the technique used. Such an assessment has a crucial importance in decision-making, from both macroeconomic and microeconomic points of view. IntroductionThe copper price traded in the London Metal Exchange is a relevant parameter for defining macroeconomic policies of producing countries like Chile. It is also a key factor for the mining companies, since fluctuations in the sell price affect the expected financial flows. Due to the amount of money involved in decision-making, it is necessary to have accurate forecasts of the future copper prices and to quantify the uncertainty associated with such prices.This paper focuses on the annual copper price estimation in the short and medium terms, i.e., from one to five years into the future. Henceforth, the word “estimation” will be used as a synonym of “forecast,” according to the geostatistical jargon (Matheron, 1989).Two main approaches, based either on statistics or econometrics, are currently used to forecast commodity prices, but both of them are not very accurate when applied to copper. First, the main methods are briefly reviewed, then the geostatistical formalism will be presented. So far, the latter approach hardly has been used to estimate commodity prices, although it may reconcile both statistics and econometrics via (1) the use of a stochastic approach and (2) the handling of ancillary variables related to the copper market. Another advantage of geostatistical techniques is the ability not only to forecast the copper price, but also to measure the uncertainty associated with it."

Jan 1, 2004

By Mohsen Mohammadi, Edward Cyr

"To date, several studies have been performed on the static mechanical properties of SLM-AlSi10Mg alloy. There have also been more recent studies on the relation between scan strategy, texture, and mechanical properties of SLM metals and composites. However, there is a huge knowledge gap in the available literature regarding texture and mechanical behavior of SLM-AlSi10Mg alloy under high strain rates. Therefore, in this study, dynamic mechanical behavior of AlSi10Mg_200C alloy manufactured by DMLS technique was investigated at high strain rates ranging from 900/s to 1700/s using Split Hopkinson Pressure Bar. Texture using X-ray diffraction technique of the initial samples were measured. The yield strength, peak flow stress, and ductility increased in all samples with increase of strain rate. TEM studies have also revealed evidence of continuous dynamic recrystallization in grains after 900/s–1700/s strain-rate tests. A Taylor polycrystal crystal plasticity constitutive model was then developed to capture and predict the texture evolution and mechanical response under dynamic loading, using plastic work as a critical parameter for the onset of recrystallization.INTRODUCTION Additive manufacturing (AM) powder techniques are among the fastest advancing breakthroughs in manufacturing in recent years, defined by a bottom-up layer by layer process of joining with energy input from lasers or electron beam (Herzog et al., 2016; Gibson et al., 2015). Among alloys fabricated by SLM, AlSi10Mg is of high interest to industry and academia due to its low density, high specific strength and excellent corrosion resistance, making this alloy a viable contender for aerospace, automotive, and marine applications. Circumstances such as car crash or bird aircraft strike hazards subject potential additively manufactured AlSi10Mg parts to impact loadings. This drives an interest in understanding and predicting dynamic behaviour of these alloys. AlSi10Mg is the AM counterpart of A360 die-cast aluminum, which possess hypoeutectic microstructure (Li et al., 2015). Up to the present time, many studies have presented the mechanical properties of SLM-AlSi10Mg alloy. The mechanical properties and microstructure of AlSi10Mg produced by selective laser melting (SLM) or DMLS techniques can be controlled using different parameters, such as feedstock powder (Asgari et al., 2017), and process parameters (Olakanmi et al., 2015). The microstructure and mechanical properties of AlSi10Mg can also be controlled using post heat treatment after SLM process Li et al., 2016). The mechanical properties of SLM-AlSi10Mg are sensitive to strain rate and can both change under quasi-static (Rosenthal et al., 2017) and high strain rates (Asgari et al., 2018). However, a significant knowledge gap in available literature regarding modeling these behaviours, and especially micromechanical modeling of dynamic behaviour."

Jan 1, 2018

By A. M. Radigan, W. G. Prast

M.S. Azun The authors' paper did not explain the facts and reasons why state companies are established and what their role is in international industrial mineral trading. Also, I do not agree with the conclusion implying that the main goal for state companies is to capitilize natural resources. Almost all state companies are founded by certain laws and their activities are arranged by state regulations. Their only aim is to operate mineral deposits for their people and to protect the rights of the people. Although some ore deposits, such as nonstrategic or small, may be exploited by privately owned companies, the state has the right to control the operation and production. Activities of state companies may or may not be widened because of the character of the deposits and the importance of the mineral market involved. For some countries, although governments may occasionally change hands, the policy of the mineral trading system is not affected by this change. There is no doubt that any government desires to make more earnings to increase GNP, when it is involved in operating and trading mines. It wants to produce and sell the finished products, instead of unprocessed ones, if possible. When it is known that some mineral deposits are relatively rare, such as Turkish boron deposits, the government can nationalize the mines to control production and affect the market. If there is an abundance of a certain mineral in the market, the government can cut production and set a floor price, such as Canadian potash. Also, when production of a specific mineral is unique, such as Turkish chromite, the price of such mineral may be set by correspondant government. One may add that if some governments with their state companies produce a certain mineral in a larger amount, they may decide to establish a cartel to protect their production and price. These are the facts followed by government-owned state companies and partially government-owned companies. The reason being charge of many deposits by the state companies is always the same: "protect" the mineral rights of the people.

Jan 2, 1984