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Three. meetings for the presentation and discussion of papers were held in 1914, as follows: The 107th Meeting, including the Annual Business Meeting, in New York, Feb. 16 to 19; the 108th Meeting, Aug. 10 to 14, in Salt Lake City, and the 109th Meeting, Oct. 8 to 10, in Pittsburgh, Pa., under the auspices of Iron and Steel Committee, Committee on Coal and Coke, Committee on Petroleum and Gas, Committee on Non-Metallic Minerals. Local Sections ' Three new local sections were established during the year, namely; / Pennsylvania Anthracite Section, Chicago Section, and Utah Section.

Jan 1, 1917

By Garfield Schnee

MACHINERY has not taken the place of manual labor in steep pitch coal in the anthracite field and there is a shortage of miners experienced in this type of work. To overcome these difficulties several coal companies have resorted to different types of mining such as the diamond or zig-zag method, the slant method, long hole drilling, and several other variations. For the past 5 years the diamond shape method has been used extensively in the heavy pitching beds of both the Knickerbocker and Yatesville basins at Knickerbocker colliery of the Philadelphia & Reading Coal & Iron Co.

Jan 10, 1950

By David Russell, Courtland Lee

FOREWOHD-Americans have been able to create wealth from the nation's natural resources to an extent unprecedented in recorded history, thanks largely to the existence of a free market and of a rational body of laws. The General Mining Law of 1872, for instance, by establishing the rules of the game, was quite effective in channeling the ability of Americans to discover and develop mineral deposits. Another example was the Mineral Leasing Act of 1920 which made available the more easily discovered mineral deposits by spelling out the conditions and rules under which miners could obtain leases on federal lands.

Jan 5, 1977

By A. K. Knickerbocker

PRACTICALLY all underground work on the Minnesota iron ranges is done by miners working on a so-called contract wage system. This system, while it has certain advantages over the straight day's pay or company-account method of wage payment, has serious and vital defects. In view of the scarcity and demands of labor, it is important that employers of labor scrutinize their systems of wage payments carefully, not only to save losses and trouble, due to labor disturbances, but also to secure the greatest efficiency of their workmen and reduce their operating costs. It is admitted that an adequate, just, and equitable wage is the prime factor in bringing about these benefits. The wage of labor and its method of application and payment have been, and always will be, the main factors in the unrest and dissatisfaction of labor. Not only does labor want and need an adequate wage, assuming that work is adequately performed, but it wants and is entitled to a just and equitable wage. Labor must have respect for the fairness of the wage and for the fairness of the management in the application of the wage. It is conceded that the Minnesota iron miners are now, and have been, in the main paid adequately, but the inherent defects of the so-called contract system prevent any just or equitable application of this wage to the various units of the labor body. The defects of the contract system, with its obvious inequalities, favoritisms, and injustices, are cancers in the brain of labor. Every thinking miner realizes these defects and knows just what they are; the unthinking do not realize the details of the subject, but each month they are forcibly reminded of these defects through the pay envelope. As practiced on the iron ranges, however, the so-called." contract" system is not a contract and the name is a misnomer. No true contractual obligation exists.

Jan 2, 1920

By Joseph Pogue

OVER a period of years the writer has presented a number of studies1 on various aspects of proration, in a progressive attempt to analyze critically and constructively the economic complexities of this interesting institu-tion, which in a decade has revolutionized the economics of oil production in the United States. In the course of the investigations leading to these papers, the changing nature of proration and the principles under-lying its evolution have gradually become clear, so that it is now possible to depart from the analytical method and to construct a synthesis of the steps that, if furthered by the industry, should carry proration past the economic hazards that still surround it to the goal of maximizing the value of the petroleum resource to the industry and the public alike. NATURE OF PRORATION Proration literally means the allocation of demand among competing producers on a pro rata basis, but the term now carries a much broader significance for it is employed to describe the entire process by which the production of crude oil in the United States is regulated. There is naturally much confusion of thought on the subject, for proration is an evolving system of control based upon principles of conservation and equity and embracing a body of practices that are tending to adjust themselves to the needs of the situation but are subjected to varying and divergent influences in the process. As it is now constituted, proration is a planned production measure designed to prevent waste, insure ratable takings, and balance supply and demand. The procedure is administered by State regulatory bodies through use of the police power of the States under authority of State conservation laws; the practice is supported by a considerable degree of voluntary conformance on the part of operators; and the Federal Government has accorded its cooperation by providing advisory quotas, circumscribing imports, checking movements of hot

Jan 1, 1939

By Stephen Zorn

INTRODUCTION The process of financing mining projects in developing countries has changed greatly in the past 15 years. New methods of financing, notably the use of syndicated Eurocurrency project loans, have appeared, and direct equity financing by transnational mining corporations has become less significant. These changes are of particular importance to developing countries which have many mineral deposits still awaiting development, or even discovery. If major new mines are to be financed, host governments will need to obtain more sophisticated information than has hitherto been widely available as to the various sources of finance currently available and as to possibilities for innovative approaches to financing, such as the combination of several different kinds of financing in a single package. This paper reviews the major sources of mining finance potentially available to developing countries and highlights those problems in obtaining adequate financing that developing country producers have begun to experience in the last few years and that are likely to persist through the 1980s. Section I surveys the major types of mining finance; section II reviews specific financing problems, including (a) the withdrawal of the transnational corporations from developing countries, (b) inflation and the size of new projects; (c) developing country indebtedness, and (d) competition among projects in different countries. SOURCES OF DEVELOPING COUNTRY MINING CAPITAL1/ There is a wide range of financing mechanisms which are potentially available to developing countries with economically viable mining projects., Moreover, these financing mechanisms have not been fully exploited by developing countries, and more aggressive pursuit of financing by the governments of these countries may well reveal greater possibilities in respect of any particular project than may initially have appeared. However, virtually all the funds available from these sources are available only to projects which meet the standards of viability acceptable to lenders and others in the business community. If a project does not, for example, promise to generate a discounted cash flow rate of return of at least 15 per cent on total funds employed, or if it does not appear likely to generate sufficient cash flow in the early years of production to cover debt service requirements with a comfortable margin in reserve, most of the sources of financing will not be available. Only where a government has its own financial surplus (as in the case, for example, of the industrialization program of the Saudi Arabian government) can it effectively undertake projects which do not satisfy the definition of economic viability that is accepted at any given time by the worldwide financial community. Internal Sources In Developing Countries Internal financing capacity in developing countries is restricted to a relatively small number of countries - typically those large enough to support a well-rounded industrial sector, in which mining is only one of a number of dynamic industries. While there are large mining companies in certain other countries, the ability of such companies to finance new projects (or even, in some cases, to generate the cash necessary to maintain existing levels of production) is highly problematical. Within developing countries, the possible sources of internally-generated mining finance are the following: (1) state-owned enterprises; (2) private capital; (3) the banking system, and in particular those financing agencies that have a special involvement with the mining sector; and (4) direct budgetary appropriations.

Jan 1, 1985

By Andrew Torok, Thomas D. Thompson

Research efforts have not developed techniques for the complete desulfurization of coal that is needed to reduce air pollution caused by burning coal and to reduce the sulfur in metallurgical coke. Sulfur in coal occurs in three forms and of these, the pyritic sulfur occurs as discrete mineral particles and, at least theoretically, should be subject to physical rejection. Pyrite occurring in hard rock mining is concentrated by froth flotation; therefore, the possibility of removal of pyrite from coal by flotation does exist. With this possibility in mind, the flotation and adsorption characteristics of ore and coal-pyrite were compared while using potassium ethyl xanthate as the collector.

Jan 1, 1973

By Charles Will Wright

ITALY is by- far the poorest in mineral resources of the so-called great pou7ers of Europe. Before the World War this shortage was not so serious as the essential minerals that could not be mined domestically at a profit were bought in the world markets. In those days tourist trade and remittances from Italians abroad helped to provide Italy with foreign exchange. During the World War, when certain mineral products were scarce and when prices rose in some instances to several times normal, the Italian Government began to regulate consumption and imports. It was not until later, when the Fascist regime established the corporate state, that Italy seriously considered adopting a of self-sufficiency. Private industry was grouped under separate corporations, for the principal industries; including mining and metallurgy and the heads of the large producing companies, became members of these corporations. Industrialists were thus able to regulate their own affairs and to advise the Government as to the measures necessary to meet domestic or foreign trade demands upon their industry. Labor was or-

Jan 1, 1939

By W. R. Ingalls

IF, in this study of the outlook for the copper industry of the United states, I find myself assuming to be prophetic in some respects I shall express myself with hesitation and with the foresight that after the end of the war with Germany the war with Japan may continue; anyway there is sure to be an uneasy period before copper and the other metals begin to flow smoothly through the natural channels of consumption. It is mainly my purpose to survey conditions and suggest some probabilities, or possibilities, rather than to prophesy. In interpreting them it will be necessary to make certain aasurnptions, among which will be (1) expectation of a rise in the general price level,, which so far has been one-sided; (2) continuance of the k. tariff on copper imports; and (3) lock-up of government-owned copper as a military re- serve. Of these assumptions the first is indicated by the lessons from economic history, and by current symptoms. The second and third depend upon political action by Congress.

Jan 1, 1944

By Lloyd Jones

THE strip industry made rapid strides in regard to both width and gage until about 1922, when the maximum width was about 20 in. In the hot mills, strips of thin gages in wide widths could be pro-duced, but only at a sacrifice of length of coil, con-siderable increase in power, and decreased tonnage out-put on the min. Hot mills, like the Bray sheet mill and the modern strip and skelp mills, demonstrated that . wider strip could readily be rolled, if such a product was desired. The strip manufacturers were really limited in width, not by the hot strip, but by the cold rolling of wide strip. This factor was roll pressure. The diameter of rolls increased as the width of strip increased. For cold rolling strip 20 in. wide, cold rolls were approximately 20 in. diameter. As the rolls became larger, the arc of contact between the rolls and the strip increased approximately, according to the formula, b=\/Rd where b = the width of contact R = roll radius d = total reduction Now the crushing strength of cold steel of low carbon varies from 70,000 to 100,000 lb. per sq. in. With each succeeding pass the crushing strength increases and may approach 250,000 lb., according to the total reduction. The total reduction in cold rolling of low-carbon steel will range from 40 to 70 per cent of the original thickness, usually in about three or four passes. On this basis, assuming a reduction of 20 per cent in one pass, the crushing strength of steel assumed at 120,000 lb., we have a total pressure between rolls, which (assuming that the rolls do not deform) equals: Roll Strip Strip Diameter, Width, Thickness, In. In. In. Pounds 10 10 0.100 380,000 20 20 0.100 1,080,000 30 36 0.100 2,375,000 42 50 0.100 3,900,000 These figures are approximate, but you will note that in increasing the width five times, or 50 in., the total pressure between the rolls increased approximately ten times. In other words, the pressure per inch of width increased from 38,000 to 78,000 lb. for the same per-centage of reduction.

Jan 3, 1928

By E. G. Woodruff

(Butte Meeting, August, 1913.) FEW authors of treatises and papers on engineering subjects have . given adequate attention to topographic maps.. The statement applies especially to mining engineering in all branches. Even those who have discussed such maps have treated the subject only in a general way. Therefore it is proposed to outline in this paper a few of the uncommon, yet important relationships which topographic maps and their by-product, structure-contour maps, have to modern methods of mining investigation and development when the facts depicted on such maps are properly interpreted. Topography, as suggested by the etymology of the word, menus a detailed description of particular places. Written descriptions have been found less effective than the pictorial representations, therefore attempts have been made in various ways to picture the surface features of places. Lines and shading have been used, hachures drawn, and, finally, the contour topographic map. To a large extent this style of snap is the result of the demands of engineers. It is designed to meet their needs far more than those of the man untrained in engineering. In fact, the average man obtains a better idea of the topography of an area from the hachure system than from contour maps. . Since the maps. have been made chiefly for the use of the engineer, they ought to meet his demands on the one hand, and, on the other, should be used by him to the fullest extent. Such maps, when properly made, accurately portray a portion of the earth's surface and should present the topography better than a personal examination of the area without a map could present it, because the person making such examination views only a limited portion of the surface at a time, and estimates distances only roughly with his eye. Let the engineer consider carefully the fact that in many instances the topographic map is superior to a personal examination of the surface features of a property because the map is based on careful instrumental measurements, whereas the eye gives imperfect data because it can be used merely for the estimation and

Jan 6, 1913

By AIME AIME

WHEN the War Production Board issued its order which will end the use of iron and steel in more than 400 familiar civilian articles, the list of those products formed a fascinating and homeric catalogue of the things we use. Articles for which iron and steel may not be used after a 90-day "tapering-off" period are as workaday as office machinery and as frivolous as cocktail shakers. Mostly they are smaller items-the smallest probably are phonograph needles but in the aggregate they will save tremendous quantities of the metal most needed to win the war. In total war there are no trifles. Interesting proof of this lies in the fact that by eliminating manufacture of blackhead squeezers we shall save 110,000 lb. of steel a year. Out of this steel we might have made four 155-mm. field pieces. We might have made a thousand 3-in. trench mortars, 4400 0.30-caliber machine guns, 55 16-in. shells, 110 200-lb. aerial bombs, or three 15-ton tanks with something left over to arm them.

Jan 1, 1942

By M. C. LYNN

RECENT completion of a $40,000 lubricating oil plant will make it possible for students in the School of Petroleum Engineering at the University of Oklahoma to carry out on a large scale the entire process of refining crude oil, from the time it is received in tank cars and pumped through the 1/4-mile University pipe line to storage tanks on the campus until the various products appear in finished form. This plant is part of a $100,000 expansion program which this school has been carrying out during the past year. Two years ago the Oklahoma State Legislature appropriated $50,000 for the School to use in improving its laboratory facilities. A few months later a $30,000 PWA grant was ob-

Jan 1, 1937

By Freeman Bishop

Senator Henry M. Jackson t D. Wash.) recently tossed a live grenade into the hardrock mining industry with proposed legislation to change provisions of the law governing Federally owned mineral values. Title Two of the measure would place hardrock mining agreements on a leasing basis similar to that which has applied to oil and gas since 1920. Known as the "Public Domain Lands Organic Act 01 1971" or S.921, the bill would monitor exploration by heavy machinery which ran destroy fragile ecology without any requirement for restoration or rehabilitation." Jackson said. Abandoned mining claims, lie continued, dot the public domain, "casting clouds upon the title to property which belongs to all the people.” and a minerals leasing system is "the most practical way of achieving the proper balance."

Jan 1, 1971

(Under this heading will be published notes sent to the Secretary of the Institute by members or other persons.) The position of converter blower at a side-blow Bessemer steel casting plant is vacant. The State Legislature of Utah has provided for the establishment of a metallurgical research department at the State School of Mines, Salt Lake City. Applications will be received for, the position of head of this laboratory, and further details may be obtained by applying to Prof. Joseph F. Merrill, Director, University of Utah, Salt Lake City. An engineering company owning patents for improvements in steel manufacture which have been adopted at many works in America, desires. to secure the services of a technical iron and steel metallurgist as assistant to its chief metallurgical engineer.

Jan 6, 1913

By T. O. Meyer, J. R. McVey

A 10-channel automatic data acquisition system has been assembled for underground use with the Bureau's "Tunnel Stress Relaxation Gage". The automated system was needed to improve data collection by providing a rapid, long-term printout of measurement data in tunnel stress relaxation experiments. Special unit assembling and packaging of all measurement equipment, to be used in typically hostile mine environments, is the subject of this report. Even though automatic data acquisition systems have been in use for years, none have been developed with the accuracy herein described for use in such an environment. The object of this report is to inform researchers of a workable, proven, dependable underground data acquisition system. We have found that giving attention to these packaging details many times spells the differences between success and failure of underground tests.

Jan 8, 1973

The 139th meeting* of the American Institute of Mining and Metallurgical Engineers was held at New York, February 17 to 20, 1930, the attendance totaling approximately 1800. The meeting consisted of the annual business session, 34 technical sessions at which were presented 166 papers, two meetings of the Board of Directors, two meetings of Section Delegates, two formal lectures and one special lecture, five group dinners and one group luncheon, luncheon daily for members and guests, fourteen committee meetings and conferences, the President's reception, the dinner-dance, an informal dance, a smoker, an exhibition of rare minerals and metals, two meetings of the Woman's Auxiliary and a special program of entertainment for the ladies. The Petroleum Division held seven sessions, including two general sessions featuring, respectively, a symposium on unit operation of oil pools and reports on developments in the petroleum industry during the previous year. The Iron and Steel Division held four sessions, at one of which Dr. Zay Jeffries delivered the Howe Memorial Lecture, the title of which was "The Future of the American Iron and Steel Industry." The Institute of Metals Division held six sessions, including two devoted to a symposium on the Melting and Casting of Metals, and the general session at which Dr. S. L. Hoyt delivered the annual Institute of Metals Lecture. The title of his lecture was "Hard Metal Carbides and Cemented Tungsten Carbide." The Coal and Coal Products Committee devoted one session and the greater part of another to Coal Classification and at a third session organized as the Coal Division of the Institute. The Committees on Mining Methods and Ground Movement and Subsidence each held a session, besides which they met jointly. Sessions were held by other Technical Committees as follows: Nonferrous Metallurgy, 1; Geophysical Prospecting, 2; Nonmetallic Minerals, 2; Milling Methods, 1; Rare Minerals and Metals, 1; Mining Geology, 2; Mine Ventilation, 2; Engineering Education, 1. At the annual business meeting on February 18, the following ticket was elected, and the reports of the President, Treasurer and Secretary were presented: William H. Bassett, President; Scott Turner, Vice-president; Henry Krumb, Vice-president; R. C. Allen, Cadwallader Evans, Jr., John M. Lovejoy, John A. Mathews and Milnor Roberts, Directors. At an executive session of the Directors on Tuesday afternoon, H. A. Guess was elected Vice-president to fill the vacancy created by the

Jan 1, 1930

By R. V. McAfee

The fundamentals of vertical-lift performance are examined with the aid of computer-calculated flowing gradient charts. Flowing and gas-lift well performance characteristics are determined from available well test data. The effect of tubing size, gas-liquid ratio and wellhead pressure is discussed for both flowing and gas-lift wells. The effect of gas-injection pressure, formation gas, bottom-hole pressure and valve spacing is also discussed for gas lift wells. From these studies conclusions may be reached for improving or prolonging natural flow, obtaining optimum lift efficiency when natural flow ceases and improving existing gas-lift systems. The techniques perfected satisfy the requirement that the time involved to conduct an evaluation be practical for operating personnel. INTRODUCTION Flowing pressure gradients furnish the key to successful evaluation of vertical-lift performance in producing wells. Command of multiphase flow gradients in some readily usable form is a necessity before operating personnel can competently include vertical-lift performance evaluation of both flowing and artificial-lift wells in their over-all consideration of production efficiency. A readily usable form cannot be overemphasized since most of the decisions which confront the production engineer with a problem well must be made quickly. In moving a barrel of oil from the reservoir to the stock tank, the major portion of energy generally is expended in the vertical-lift phase. This may or may not be of concern during the flowing life of a well, depending upon the production requirements. It becomes of some concern when the flow performance of the well becomes erratic, and a conscious effort must be made to maintain natural flow. It is at this time that the first steps may be taken to modify existing conditions to relieve unnecessary limitations to proper flow. When natural flow ceases and some form of artificial lift must be installed, the amount of energy expended in lifting liquids becomes quite obvious. It is at this time, if no other, that lifting efficiency becomes important because that part which must be supplied from an outside source is now related directly as a cost per barrel of oil produced. Ten years ago, the majority of gas-lift wells were produced with gas-well gas. Today, the majority are produced by closed rotative gas-lift systems. This permits a direct evaluation of well performance in terms of horsepower requirements and has resulted in mixed conclusions as to the success of gas lift based upon the relative efficiency of a particular system. An increased awareness of the need to resolve vertical-lift performance on a readily usable, scientific basis was inevitable. An indication of the need for better applied science in this field is the often-asked question of whether or not gas-lift can efficiently deplete a given well or reservoir. This question cannot possibly be answered without first evaluating reservoir, surface and vertical-lift performance both as encountered today and as anticipated throughout the life of the well or wells. The technique presented in this paper was originally developed to upgrade gas-lift installation design from an applied art to an applied science. It has since been successfully used not only for this purpose, but also for the whole field of vertical-lift performance in its broadest sense. Lift efficiency should be considered important while the well is still flowing, as well as after natural flow ceases. Correct interpretation and proper modification of the vertical-lift performance of a producing well can provide dramatic improvement in production performance and/or efficiency. STATEMENT OF THEORY AND DEFINITIONS Fig. 1 illustrates the three divisions of production which will be used in this paper. The terms are a modified version of those presented in the very fine paper by Gilbert.' The fields of reservoir and surface performance both have been greatly improved over the years. A study of those writings which may be found indicates that the field of vertical-lift performance has not progressed as well. There are two possible reasons for this lack of progress. 1. It has not been recognized as a scientific field in itself by the oil companies, as has reservoir engineering. 2. The equipment companies have confined their efforts to mechanical design research rather than the more basic study of vertical-lift performance of producing wells. Both organizations must have an economic stimulus for doing research in this field, and most of the results obtained in past work has been so erratic as to arouse little enthusiasm. The basic purpose of interpreting vertical-lift performance is to predict operating conditions below the surface of the ground from available data. The success of the interpretation depends upon the accuracy with

By Toshio Kurikami, Charles A. Brockmiller, John E. FitzSimmons

In the manufacture of sulfuric acid from SO2 bearing gases, the presence of mercury vapor in the gases may lead to unacceptably high mercury levels in product acid. Anticipating inception of regulations requiring low mercury acid, St. Joe Minerals Corporation and Toho Zinc Company, Ltd. independently developed new mercury removal technology. The processes may be used individually or in combination, depending upon the mercury content of the SO2 gases and the required mercury level in acid, for efficient control of maximum mercury levels in sulfuric acid. The St. Joe B Process removes mercury from roaster off-gas streams, while Toho’s NAK Process precipitates Hg from concentrated sulfuric acid. The combined process is commercially operated at St. Joe's zinc smelter in Monaca, Pennsylvania, and the NAK Process at Toho’s Chigirishima lead smelter and Onahama zinc roasting plant in Japan. Product acid mercury levels of 0.5 mg/kg are economically achieved.

Jan 1, 1976

By Karl Cohen

The question of attainment of competitive nuclear electric power is of interest to uranium producers because the rate of attainment of this goal determines the date when there will be a solid, non-political, domestic uranium market. It is a burning question to those of us in the civilian nuclear power business, because our entire business future hinges on how well, and how soon, we can make electricity from nuclear reactions at prices comparable to electricity from coal. For an idea of the magnitudes involved, consider that the first fuel load of the Dresden (Illinois) nuclear power station, plus spares, will be about 90 tons of 1.5 pct UO2. This requires about two-and- a-half times as much natural uranium oxide feed to the diffusion plant, or 225 tons. This, in turn, represents about a month's production from the nearby Uranium Reduction Co. mill. Note also that the 180,000 kw electric output of the Dresden station will be about 0.1 pct of the national electric generating capacity in 1960.

Jan 12, 1958