Standard Metals Corp. Finds Computer Time-Sharing Profitable

- Organization:
- The American Institute of Mining, Metallurgical, and Petroleum Engineers
- Pages:
- 5
- File Size:
- 175 KB
- Publication Date:
- Jan 8, 1968
Abstract
Standard Metals Corp.'s mining and milling operation at Silverton, Colo., has found that it can justify the use of a large computer system entirely on the basis of cost savings, and at the same time receive the benefits of speed, greater accuracy, and valuable data otherwise unobtainable at a reasonable cost. The Silverton operation consists of the historic Sunnyside mine and Mayflower mill, about 300 miles southwest of Denver, which produce about 700 tpd of a complex lead-zinc ore. This operation has not yet tried to use its computer for large, involved programs such as optimizing the efficiency of an operation, linear programming, or determining economic ore limits, although these are certainly within the capability of the equipment. However, there have been enough money-saving applications in the everyday routine to justify the use of this computer system, even before branching out into the more unusual or complex problems.
Citation
APA:
(1968) Standard Metals Corp. Finds Computer Time-Sharing ProfitableMLA: Standard Metals Corp. Finds Computer Time-Sharing Profitable. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1968.