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By Robert B. Parsons

"During hard times, the focus on tax issues makes a slight change in direction. Mining companies contemplate the tax treatment of transactions and circumstances which are the product of a difficult financial environment. Some of these issues are discussed in this month's edition of Tax Notes.Every industrial sector in Canada is undergoing a major restructuring of some form, and the mining industry is not an exception. The longest recession since the Great Depression continues to affect the economy. Mining firms seek to bring their debt/equity ratios into line, and try to replenish depleted retained earnings by selling assets. This month, Tax Notes briefly examines some of the tax issues which are generally encountered during the course of such a restructuring process.Debt SettlementOne question which commonly arises during hard times concerns the tax treatment of a "" gain "" realized by a debtor on the settlement of a debt. Consider, for example, a simple situation where a creditor wants to protect itself from further losses, and makes a deal with the mining company to accept a cash payment of $8 million in full settlement of a $10 million loan. In financial terms, the debtor has made a $2 million gain on the settlement of the debt. What is the tax treatment of that gain?The Income Tax Act (the Act) contains provisions in section 80 of the Act and in section 5400 of the Income Tax Regulations which deal specifically with this question. First of all, it is noted that the $2 million gain is not brought directly into income for tax purposes. However, as indicated below, the gain could affect the debtor's income indirectly to the extent that certain of the debtor's tax pools must be reduced by the amount of the gain."

Jan 1, 1993

In 1820, the Board of Public Works was considering some improvements to the canal, in order to reduce the cost of transportation, and in its annual report for that year gives a description of the method of loading the coal from the pit to the boat, and also from the boat to the dealer's yard, which is illuminating in showing how coal of this type should not be handled. It follows:- "It will be seen by the estimates, that the improving the present canal, forming a canal of large dimensions, from the head of the present lower canal to Sabbot Island; erecting locks of large capacity, and making a communication with the river, so as to completely accommodate the coal trade, (except it should hereafter be found necessary to make another communication with the river,) will not cost more than 126,000 dollars. But as there is some doubt whether the streams that may be received into the canal between Sabbot Island and the upper arch, will at all times be competent to supply the locks on that portion, we will extend our calculation to a point nearly half a mile above Pleasants' Island; where, by erecting a dam, any desired quantity may be thrown into the canal. This extension of the canal with one lock, and the dam across the river, is estimated at 34,000 dollars, making in the whole a little over 160,000 dollars. There will then remain a surplus of 40,000 dollars after completing the works to the point last mentioned. "In order to discover what effect the improvement of this first section will have on the tolls, it will be necessary to take a view of the present state of the coal trade, and endeavor to ascertain what change will result from the increased facility of transportation. "That part of the business which is carried on by water, is conducted nearly in this way. When the coal is drawn out of the mines, it is thrown in a heap near the mouth of the mine, or shaft; it is then loaded into carts, and carried to the river bank, where, in some instances, it is discharged from the cart at the brow of the bank, and runs down to the beach near the water's edge; then shovelled into wheel-barrows, and wheeled aboard of the boat, and discharged from the barrows by upsetting. In other instances, the carts are driven on to a kind of scaffold, furnished with a wide spout or director at the edge; by which the coal is conveyed immediately into the boats. These boats are the common James river poplar batteaux, and require three men to each. The up-stream navigation being laborious, the boats are built of light materials, and continue fit for service but a short time, (say) from two to three years; their cost, when new, from fifty to one hundred dollars. "When the river is tolerably flush of water, one of these boats will carry about two hundred bushels; but in low water their load is sometimes diminished to one hundred, and even as low as eighty bushels. They pay for passing the canals and locks to the Basin, one dollar per load; so that when full loads are taken, it will amount to half a

Jan 1, 1942

By Richard S. Mateer

The percent ash in a coal blend is equal to the weighted average of the ash contents of the component coals. If the raw coals differ in washability characteristics, the total yield may be maximized by washing the component coals to different quality levels. A mathematical basis for blend maximization is developed and a computer program is described The program determines the component weights that maximize the yield, while meeting an individual coal-quality specification. The procedure is directly applicable to linear parameters of grade quality such as percent ash, percent sulfur and the calorific value. A transformation of variables permits program execution to meet a sulfur-compliance specification. Blends may consist of any number of component coals.

Jan 1, 1997

By Frank S. Hicks, Y. Charles Guan, Glenn A. Gruber

This paper describes a two-part program funded by the Florida Institute of Phosphate Research and performed by Jacobs. The first part of the program was to examine the application of ultrasonic treatment to clean phosphate particle surfaces. Florida phosphate pebble and rougher flotation feeds were treated in an ultrasonic trough to remove clays. Also, the de-oiling of rougher concentrates by ultrasonic treatment was tested. In order to improve the clay removal efficiency, viscosities of primary cyclone overflow from six beneficiation plants were studied in the second part of the program. Viscosities for different samples at the same clay % solids vary significantly, and increase exponentially with clay % solids content for the same sample. A method of controlling cyclone operation using on-line viscosity measurements and pump box level sensors is proposed to logically improve primary cyclone performance.

Jan 1, 2002

By S. C. Herold

Considerable interest has been shown, during recent years, in the possibilities of developing oil fields in the South American Republics, now that the exhaustion of our present fields can be seen in the not very distant future. The demand for fuel 011 and its products has been increasing far more rapidly than our increment of production during the last few years. Increase of consumption has been largely curtailed by the lack of sufficient supply. The main factors that have contributed to our previous neglect of the southern fields have been as follows: (a) Lack of sufficient demand for the product. (b) Competition with producing fields, having large production, low cost, and better geographical position, such as Tampico, Mexico. (c) Greater interest in home fields with ready market at hand. (d) Our ignorance of southern economic and geologic conditions, due to the distance between those areas and our financial centers. (e) Economic conditions in the southern countries, necessitating high costs of exploration and exploitation of the fields. (f) Our lack of understanding of the business methods of the Latin-American. It must be borne in mind that the oil-development work done to the present time in South America has, with one exception,' been undertaken upon lands which possessed direct evidence of oil in seepages or asphaltic deposits, occurring either immediately upon the lands or in their close vicinity. The development of oil fields in South America is therefore in the pioneer stage. It is not at all improbable that "hidden fields" will be uncovered in future work, as has occurred notably in the mid-continental field of this country within recent years. Location The areas grouped as a unit under the title of North Argentine-Bolivian oil field extend in a narrow belt from the north-central part of

Jan 1, 1920

By W. R. Bacon

"IntroductionTHIS IS a brief discussion of certain regional and economic aspects of the Coast Range of British Columbia. Between Portland canal and the 60th parallel of latitude, only the eastern margin of the Range is in Canada. The solely British Columbia interval extends from Portland canal to Burrard inlet. Personal observations in various parts of this area form the basis for much of this paper.Regional GeologyGranitic RocksSome of the best, most continuous exposures in the Coast Range are found at sea level. Reconnaissance study of the coastline has shown that the Range is predominantly granitic in character, but there simplicity ends, for the term 'granitic' as applied to the Coast Range covers a variety of mineralogical compositions. Actual granite is quite uncommon, occurring mainly in irregular or dyke-like masses that do not achieve batholithic dimensions. It is commonly pinkish, relatively homogeneous, and exhibits few of the deformational features that are obvious in much of this plutonic complex.Most of the granitic rocks of the Range fall well within the compositional limits of quartz diorite and granodiorite. The problem of resolving the great mass of these rocks into smaller coherent units is in general a difficult one. As noted above, granitic rock of uniform composition and texture is found in restricted areas and can be outlined without much difficulty. One such body occurs on the southern shore of Nelson island."

Jan 1, 1955

By H. Arima, T. Fujita, W. Yen

The copper catalyzed gold oxidation and reduction mechanisms in ammonium thiosulfate solution were investigated by Eh-pH diagram based on the optimum reagent combination for 60 mass% -75 µm silicate ore at 16g/t Au with the maximum gold extraction of 92% and the minimum ammonium thiosulfate consumption of 23 kg/t-ore for 24 hour’s leaching at ambient temperature. The gold recovery by cementation was nearly 100% by Zn and Al powders at Metal/Au mass ratio of 30, and around 95% by Cu powder at Cu/Au+ mass ratio of 50. In order to oxidize the gold efficiently with the less thiosulfate consumption, the stable region of [Cu(NH3)4]2+ should be as wide as possible in the region, where [Cu(S2O3)2]3- was more stable than [Cu(NH3)2]+. In order to reduce gold from the pregnant solution with the less metal powder’s (Zn, Cu, Al) consumption, the stable region of [Cu(S2O3)2]3- should be wider than [Cu(NH3)2]+ on copper precipitation. Zinc powder may recover gold more efficiently than copper powder with the similar trend on the effect of ammonia, copper and thiosulfate. However, the large amount of copper will be co-precipitated along with gold since the stability of zinc ammine and thiosulfate complexes are higher than that of copper’s. Aluminium may reduce gold efficiently at higher thiosulfate concentration and pH. These results were confirmed and compared with the optimum reagent combination for finer grind sample at 100 mass% -75 µm, which is the optimum ore size for the standard cyanidation at 1.0 g/ l NaCN to obtain about 95% gold extraction. The optimum reagent combination was concluded as 0.5 mol/l NH4OH, 0.0001 mol/l CuSO4*5H2O and 0.05 mol/l (NH4)2S2O3 with the result of 94% gold extraction and 3kg/t-ore of ammonium thiosulfate consumption. Gold and copper stabilities were well agreed with the result of coarser grind ore thermodynamically. The lower reagent combination will reduce gold oxidation power, but significantly minimize the reagent consumption. From this pregnant solution, nearly 100% of gold was successfully recovered by zinc precipitation at Zn/Au+ mass ratio of 30. Aluminium and copper precipitations resulted in less than 40% of gold recovery at Metal/Gold mass ratio of 30. The reagent consumption cost on this lower reagent combination followed by zinc precipitation was $1.6/t-ore, while the cyanidation was $3.1/t-ore. Thiosulfate oxidation mechanism indicated the similarity to Belousov-Zhabotinsky reaction.

Jan 1, 2002

By Morgan Walker, C. D. Watson, Reid W. Bond, D. L. Trax

Common practice in the Mid-Continent until recently was to prolong the natural flow of oil wells as long as possible by agitation, and then swab for a short period until the well was put on the pump. Comparatively recently the gas-lift has superseded the swabbing and agitating period and in some cases encroached on the natural flowing life, particularly where it was evident that the potential oil capacity of the well was greater than the gas supply, or lifting medium. The majority of wells are finished with either 6¼, 65/8 or 8¼-in. casing and connected to a separator through a flow line which is usually 65/8 in. The flow line is generally designed to eliminate sharp turns and has reduced the gas-oil ratio and therefore increased the efficiency in a good many instances. Until recently all wells were allowed to flow without restriction against the possible trap pressure until it was deemed advisable to put them on gas-lift. This resulted in a fairly efficient flow during the early life of the well if the well was rather large but was usually inefficient in small wells and in the later flowing life of large wells, on account of the large area in the casing and therefore excessive slippage. Recently, considerable effort has been made to increase the efficiency of small flowing wells by running tubing to eliminate as much slippage as possible. With large wells there is a considerable trend toward back-pressuring, or beaning to find out whether it is possible to reduce the gas-oil ratios and increase the flowing life. The greater number of fields that have been back-pressured have been produced in that manner through necessity, either to restrict production for proration purposes or, in fields producing by hydraulic pressure, to reduce water encroaching. The recent Cromwell sand development in Little River is an example where both back-pressuring by means of high-pressure traps and beans and flowing through tubing were used to conserve gas, reduce the high gas-oil ratio and prolong the flowing life. It

Jan 1, 1930

By C. A. Meissner

The; following is a further discussion of the paper of James Qayley, " The Application of Dry-Air Blast to the Manufacture of Iron " (Trans., xxxv., 746), with special reference to his supplementary paper (Bi-Monthly Bulletin, No. 4, July, 1905, pp. 797 to 819), and to the paper of J. E. Johnson, Jr., " Notes on the Physical Action of the Blast Furnace " (Bi-Monthly Bulletin, No. 5, September, 1905, pp. 1111 to 1146). Mr. Gayley's paper has been discussed also by E. Windsor Richards, R. w. Raymond, E. H. Saniter, W. J. Poster, H. M. Howe, V, Pendred, B. H. Thwaite, James Gayley and Alexander Pourcel (Trans., xxxv., pp. 1022 to 1042), Joseph W. Richards (Bi-Monthly Bulletin, No. 4, July, 1905, pp. '703 to 718); T. W. Robinson (Bi-Monthly Bulletin, No. 4, July, 1905, pp. 788 to 796); C. B. Dudley, R. W. Raymond, J. E. Johnson, Jr., W. F. Mattes, James Gayley, David Baker, John Birkin-bine and F. E. Bachman (Bi-Monthly Bulletin, No. 5, Septem-

Jan 1, 1907

By Jas. E. Thomson

"The Kirkland Lake-Larder Lake gold area is in northeastern Ontario and is a continuation of the ore-bearing belt that extends across northwestern Quebec through the Rouyn, Cadillac, Malartic, and Bourlamaque areas. It is the oldest mining camp along this famous mineral belt. Gold discoveries were first made at Larder Lake and Swastika in 1906, but it was not until 1913 that important developments at Kirkland Lake created a real interest in the country. Total gold production of the camp passed the million dollar a year mark in 1920 and increased in amount yearly until the advent of the second World War when there was a falling off due to labour shortage. The Kirkland-Larder camp ranks as the second largest gold producing area ' in Ontario. To the end of 1944, twenty-two mines in the area had produced bullion valued at $515,631,428 and ten mines had distributed dividends amounting to $205,981,116. The average grade of the ore milled in this period has been $15.17 a ton for the mines in the Kirkland Lake area and $6.49 a ton for the mines at Larder Lake.ROCK FORMATIONS OF THE AREAIn a general way the rocks of the country may be divided into the lithological groups indicated on the accompanying geological sketch map. This map has been compiled largely from recently issued geological sheets of the Geological Branch of the Ontario Department of Minest. Owing to the present difficulty of separating the formations of the Larder Lake country into the twofold age divisions of Keewatin and Timiskaming, the usual custom in the past, a lithological grouping of formations has been adopted. The age terms 'Keewatin and 'Timiskaming' are loosely used in this article to express the often used but not necessarily accurate distinction between the main groups of older strata."

Jan 1, 1954

The techniques used by the State Electricity Commis- sion of Victoria to handle and store brown coal in the both the raw coal and boiler bunkers are outlined. These tech- niques were adopted in agreement with the science of modern bulk solids handling. By successful balance between practical requirements and bulk solid handling system design require- ments the Commission expects to confidently attain reliable coal flow even for the most adverse of coal flow properties. Attainment of this goal demanded full attention to channel detail selection. An outcome of this attention has been the development of a novel bunker and discharge arrangement for handling extremely difficult to handle coals. Due to the novel features of this slot bunker outlet arrangement it's ad- vantages and disadvantages are discussed.

Jan 1, 1987

Thermodynamics and kinetics? of the removal of Va elements (As,Sb,Bi) from copper were investigated 1n the fire relining by alkaline carbonate fluxes such as Li 2co3 , Na 2CO3 and K2CO3. The distribution coefficients of As, Sb and Bl between alkaline carbonate fluxes and mo) ten copper were ?obtained at 1200°C under the different oxygen potentials. As and Sb were easily removed from copper to fluxes as pentavalent oxide form. On the other hand, Bi was hardly removed except by a Ll2CO3 flux. The removal rates of Va elements from copper were also measured In the temperature range of 1150°C.- 1250°C. The removal rates of As and Sb were much higher than that of Bi. The removal rates of Va elements showed the same order of the distribution coefficients. The removal rate could be expressed by following equation. (1).

Jan 1, 1987

By C. E. Nelson, T. E. Leontis

THE properties and casting characteristics of sand-cast Mg-Al-Zn alloys, used commercially in this country and abroad, have been discussed in a number of articles during the past few years.'-" In addition, broad surveys of many compositions in the magnesium corner of the Mg-Al-Zn diagram between 0 and 12 pct A1 and 0 and 6 pct Zn have been presented by Busk and Marande7 and by Fox." The purpose of this paper is to furnish a comprehensive survey of the changes in tensile properties, micro-structure, and dimensional stability of two magnesium alloys, AZ92A and AZ63A,+ as a function of aging time and temperature after solution heat treatment. Rates of precipitation in Mg-Al-Zn alloys are slow enough so that a substantially homogeneous, supersaturated solid solution can be maintained even when these alloys are air-cooled from the heat-treating temperature. Consequently, even though it has been demonstrated9 10 that significantly higher strengths can be developed in some alloys in the aged condition by quenching rather than air cooling from the heat-treating temperature, general practice is to air-cool magnesium alloys. All the work discussed in this paper is based, therefore, on aging studies performed on material air-cooled from the heat-treating temperature. This investigation was intended to be a study of commercially practical aging cycles; the tensile properties were determined, therefore, up to aging times of 25-hr duration. The alloys, used in this investigation were prepared in the laboratory by remelting commercial ingots of the appropriate composition according to the procedures described in a previous paper" as the "crucible method." All melts were given the standard superheating treatment in order to insure the maintenance of a uniform grain size of 0.003 to 0.004 in. Standard test bars, 61/2 in. long with a 2½ in. long reduced section having a diameter of Y2 in., were cast from these melts in green-sand molds using a four-bar pattern. The alloys were heat treated according to the following schedules: AZ92A alloy: 500" to 780°F in 2 hr + 780°F (24 hr) AZ63Aalloy: 500" to740°Fin2 hr + 740°F (16hr) In commercial practice," AZ92A alloy is heat treated at 770°F for 18 hr and AZ63A alloy is heat treated at 730°F for 10 hr. The slightly higher temperatures and longer periods of heat treatment were used in order to obtain as homogeneous a solid solution as possible and thus to minimize inconsistencies in the

Jan 1, 1952

By A. S. Yue

The interface morphology of the Mg-32 wt pct A1 eutectic has been studied in terms of the freezing rate, the temperature gradient, and the impurity content. For the impure eutectic it has been found that for a given temperature gradient a fast freezing rate favors the formation of a cellular intwface with sub-grain strucfure. This cellular interface can be changed to a planar interface of the same substructure either by decreasing the freezing rate or by increasing the temperature gradient. For the eutectic of highest purity, as purified by zme-refining, no cellular interface was found for any growth condition and only a planar interface with subgrain structure was observed. Furthermore, a layer of liquid adhering to the interface during de-cantation freezes with shapes and sizes of the phase particles different from those in the main eutectic solid. WHEN a molten metal or a binary eutectic liquid with zero freezing range is solidified unidirec-tionally, a cellular interface is usually formed-3 This interface is schematically represented by Fig. 1. The profile of the solid-liquid interface has a corrugated shape, as shown in Fig. l(a), while the decanted interface consists of cells, as shown in Fig. l(b). The cell boundary in a frozen eutectic is distinguishable from the cell interior by changes in particle shapes, as shown in Fig. 4. The formation of a cellular interface, according to Weart and ack,' is attributed to a layer of constitutionally supercooled" liquid generated at the advancing interface by the simultaneous rejection of an impurity by the two phases of the eutectic mixture, which then permits freezing over an appreciable temperature range. This concept has been further elaborated by Tiller, who predicts that even in the absence of an impurity the rejection of solute ahead of each lamella of the eutectic may promote the formation of a cellular interface. More recently, Chilton and Winegard, and

Jan 1, 1963

By R. K. Bowden

In an effort to gain a better understanding of shale joint behaviour, normal-only and shear creep tests were performed on artificially prepared shale joints. Pre- and post-test surfaces were examined for changes in morphology. This paper discusses both of these programs and the results derived from them.

Jan 1, 1984

Agenda ?Introduction ?Geology ?Mining ?Metallurgy ?Process, Layout ?Environmental Background ?Kinross Gold Corporation owns the Lobo-Marte gold property, located in Region III of northern Chile. ?The property is close to two other Kinross mines, Maricunga 50kmto the south and La Coipa 60km to the north, plus a regional office in Copiapo and district level operating synergies are expected. ?Lobo and Marte were discovered in the early 1980s and are intrusion-hosted, porphyry-type precious metal deposits, typical of the Maricunga District. ?The Marte open pit heap leach mine was in commercial production in late 1988, but was suspended in February 1992 as it did not meet forecasted production levels and recoveries. ?Kinross plans to recover ore from the Lobo and Marte deposits through an open-pit, heap leach47,000tonne per day operation.

May 1, 2010

The carbonatite-hosted apatite deposit at the Cajati open pit mine in the Jacupiranga igneous-carbonatite complex is located in south-eastern Brazil. The major styles of apatite mineralisation include veins or veinlets, small pods or patches, disseminated apatite and locally massive aggregates. The metallurgical concentration of the apatite is accomplished by grinding the carbonatite, removal of magnetite with a magnetic drum, size classification with cyclones and flotation to suppress carbonates and collect apatite. To examine the character of the apatite grains and to apply those observations to apatite beneficiation, specimens of carbonatite were collected from recent exposures in the mine and from selected drill holes. This study utilised a variety of microscopy methods, including transmitted and reflected light, cathodoluminescence (CL) and scanning electron microscopy with wavelength-dispersive spectrometers for mineral compositions. It was found that LREE, Na and Sr are the main elements replacing Ca in the apatite, with relatively low oxide contents (<0.5 per cent, but up to about one per cent for Sr). LREE and Sr contents consistently increase in the latest intrusions (C4, C5 and SP24). Chemical and morphological modifications of apatite were recognised to be related to detrimental effects on flotation recovery. Three examples illustrate this relationship: 1.  Apatite with reddish CL is fractured. Locally that apatite exhibits no CL due to CL quenching caused by iron entering the apatite structure.2.  Apatite from the xenolith-rich area exhibits abundant fine, platy silicates that appear to interfere with flotation and lower apatite recovery.3.  So called æhardÆ apatite, which is more difficult to grind, occurs in an area in the mine that was affected by hydrothermal activity. That activity is evidenced by the development of a bright, white CL rim in the apatite, and by the presence of late veins of carbonates and sulfides that fill fractures and appear to contribute to higher cohesiveness of those apatite grains.

Jan 1, 2008

By T. R. Yu, D. B. Counter

"Kidd Creek Mines primarily employs sublevel blasthole stoping for underground mining operations. During pillar recovery in No.1 Mine and panel mining in No.2 Mine, the free standing fill exposures may reach a height of 100 m or more. Consequently, a competent consolidated rockfill has been required to fill the mined openings.Since 1976, a total of more than fifty stopes and pillars have been filled with over four million tonnes of backfill. Fill exposures, up to heights of 100 m, have stood up well after blasting adjacent to the backfill.The fill material consists of a graded aggregate, Portland cement and ground slag. Sand has been occasionally mixed in the fill material to serve as avoid filler. The aggregate is prepared in a fill crushing plant, transported underground through raises, and hauled to the filling stopes by conveyors in No. 1 Mine and by trucks in No.2 Mine.Two mixing methods are currently in use. No. I Mine utilizes the free fall of gravity; the fill materials are sprayed with cement slurry as the aggregate departs from the conveyor into a mixing culvert. The other is the use of a rotary mixer on a batch basis in No. 2 Mine.This paper describes the fill systems, filling operation s, and the backfill quality control practice, together with various testing results related to improving fill quality as well as reducing fill costs.IntroductionThe Kidd Creek minesite, located 27 km north o f the city centre of Timmins, Ontario, produces 4.5 million tonnes of copper, zinc, lead, and silver ores annually from its No. 1 and No.2 underground mining operations. Both mines employ a sublevel blasthole stoping method."

Jan 1, 1983

By E. V. Crane

A tremendous volume of the metal rolled annually into sheets strips and coil stock finds its way to a host of stamping and manufacturing plants which are the quantity production units of the country. Considerable in volume, too, are the rolled and extruded rods which go into forging and manufacturing plants for conversion into the same general line: those widely sold metallic necessities and luxuries of the household, the office, transportation, farming and building construction. Yet, in spite of its age and its importance, the stamping trade has been doing its "engineering" largely by trial and error. Its distinctive method is shearing out and plastically working metal to finished shape in a few quick strokes with high loads and expensive tools which are warranted only by large quantities to be produced. The principal operations have many features In common with rolling and wire-drawing methods. Combinations of stresses are diffcrent, however, and details of operations are infinite in variety. An engineering study of the subject begins with stress analysis, but must go back to metallurgy for its foundation. A grouping of pressed-metal working operations according to whether the metal is (1) sheared, (2) bent, (3) drawn or (4) squeezed has proved useful. All of these groups include instances of both hot and cold operations. For discussions of metal working properties, the division between hot and cold working is taken as the recrystallization range of temperature. This, of course, brings tin, lead and often zinc into the hot-work range at or near room temperature. The outstanding hot-working press field is in forging: particularly of brass; all of which is included in the squeezing group. Shearing Operations The shearing group of operations, including blanking, piercing, trimming, shaving, slitting, shearing, notching, parting and numerous variations and combinations of these enters once or more into the production schedule of practically every stamped or forged article. The transverse stress, set up in shearing, as shown in Fig. 1A, is a combination of an angular compressive thrust and a tensile stress which is also at an

Jan 1, 1931

This section is addressed to the computing needs of corporate (top) management which are less specialized than the computing needs of operating or divisional management described in the previous sections. It is essential that the computer be used as a tool to serve corporate management and that information and results are presented in a succinct form. A key responsibility of the manager of computer applications is to communicate well with corporate management. A common trap for computer management is to allow the development and implementation of sophisticated and academically interesting computer applications which do not enlighten corporate management in its decision-making task. Thus it is essential to devote sufficient time and effort to designing and specifying a computer system before developing and implementing the system.

Jan 1, 1979