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By A. Zhecheva

A commercial titanium alloy Ti-6Al-2Sn-4Zr-2Mo has been gas nitrided in this work, in pure nitrogen atmosphere in order to improve its surface properties. The nitriding was performed at two different temperatures, 950 and 1050°C, and for different periods of time. The influence of the initial surface roughness on the diffusion process and on the surface properties of this material was studied. The influence of the processing parameters of gas nitriding on the surface roughness, phase modifications and the microstructure of the nitrided layers has been analyzed using atomic force microscopy (AFM), X-ray diffraction and optical microscopy. Microhardness profiles were obtained on cross-sections of the samples after gas nitriding applying a Knoop indenter.

Jan 1, 2004

By Tapio Leskinen, Jouko Koskinen, Timo Nlltti, Lappalainen Seppo, Pentti Vanninen

"The Courier 300 on-stream analysis system manufactured by Outokumpu has now been in operation at five of the company's concentration plants long enough to give a reliable basis for closer examination of the benefits achieved in control of these processes. The first system was installed at the Pyhiisalmi mine at the end of 1967. Since November 1970, two analyzers have been in operation at Pyhiisalmi feeding the assay data to a process computer which controls the whole plant and does the optimization of the process. In October 1970 the Courier 300 analysis system was installed at S. T. O. LESKINEN J. KOSKINEN the Keretti concentrator of the Outokumpu mine, followed soon by installations at the Vihanti Mine in May 1971, at the new Vuonos mine in November J 971 and at t he Kotalahti mine in December 1971. Since installation of the Courier analysis systems, considerable improvements have been achieved in the control and the economy of the plants. Immediate knowledge of the changes in the process and the possibility for rapid action has resulted in evener production and higher capacity and recovery. The recovery has been increased most significantly at the Vihanti concentrator, which operates on a complex ore. Consumption of chemicals has been reduced at all concentrators. Due to the fact that process control and partly also bilance analysis are not achieved by conventional methods any more, it has been possible to reduce the personnel of the laboratories drastically. Two of the plants, viz. the Pyhiisalmi and the Vuonos concentrators, are computercontrolled. The Vuonos concentrator started operation in January 1972 under computer control from the very beginning. The Pyhiisalmi concentrator has been computer-controlled since 1970. The Courier 300 analysis system was described in detail at the AIME Centennial Annual Meeting (1971). In this paper, less attention is paid to the analysis system. Only the sampling system of the Courier 300 is described in more detail. In the development of sampling equipment, effective use has been made of the company's wide knowledge of the problems involved and the test field offered by its concentrators. The sampling equipment includes secondary samplers and six basically different types of primary samplers, with which most sampling situations can be managed."

Jan 1, 1973

By P. Wanjara, M. Xiao, M. Jahazi, C. Poon

Using a robotic 4kW Nd:YAG-laser system, Inconel 718 (1 mm sheet) was welded with and without filler wire to investigate the effect of processing parameters, including power input and welding speed, on the weld geometry, microstructure and mechanical properties. By means of both nondestructive testing and microscopic examination, the weld quality was studied to determine the nature of the welding defects (porosity, cracking and bead shape) over the processing range of 3-3.5 kW for the power input and 4.5-6 m-min-1 for the welding speed. Application of the design of experiment methodology permitted the examination of the relationship between the process parameters and mechanical properties, from which the optimized laser welding conditions could be determined for joining Inconel 718. In particular, the research results indicate that Nd:YAG-laser welding technology can achieve defects free, mechanically sound welds with narrow fusion and heat effected zones.

Jan 1, 2006

By G. Reuben Yourt

IN 1935, Wright-Hargreaves Mines, Limited, initiated an enlarged programme of ventilation. In the mine, surveys were made from time to time by the geological staff, and improvements in ventilation were effected to accord with progress in mining as greater depth was attained. In the summer of 1938 an engineer was trained in the technique of dust sampling. Instruments and equipment for this purpose, such as konimeter, microscope, furnace, etc., were purchased, and a suitable office, equipped with laboratory facilities, was provided. The full time of the engineer is devoted to ventilation and dust control. On surface, in the mill crushing-plant and in the assay office and sample crushing room, an elaborate arrangement of hoods and exhaust systems has been installed to eliminate the dust. These installations, however, are not described in the present paper, which deals only with an extensive programme of underground ventilation as a method of coping with high dust concentrations, increasing temperatures and high humilities.

Jan 1, 1940

By Seher Ata

"Virtual reality, a three-dimensional computer generated environment, has become recognized delivery system for many forms of education. This article describes the application of virtual reality to mineral processing education. An interactive mineral processing visualisation module has been developed at University of New South Wales (UNSW), Australia. The module provides students with an overview of a base metal concentrator, details about each stage of the process, as well as revealing how the mined ore progresses from stage to stage. The module also involves developing a number of instructional based plant layouts and flowsheets in the virtual environment that are intended to assist the user in understanding the essential components of the base metal concentrator.INTRODUCTIONVirtual Reality (VR) is the creation of an artificial environment that is experienced through sights and sounds provided by a computer (Squelch, 2001). The simulated environment is achieved through a host of technologies such as three-dimensional graphics, audio feedback and special peripheral devices to produce interactive environments.VR has been used in diverse fields including medicine (Riener & Harders, 2012), entertainment (Hsu, 2011), military (Manojlovich, Prasithsangaree, Hughes, Chen, & Lewis, 2003), manufacturing (Zimmermann, 2008; Jiang, 2011), and chemical processing (Schofield, Lester, & Wilson 2005; Squires, Andersen, Reklaitis, Jayakumar, & Carmichael, 2014). VR is also becoming recognized delivery system for many forms of education, including engineering education (Bell & Fogler, 1996; Bell & Scott, 1998; Shin, 2002). For example, virtual laboratories have been designed and developed to teach students fundemental features of the heterogeneous catalytic mechanisms and absorption columns (Bell & Fogler, 1995), the multi-phase and multi-component blast furnace iron making process (Babich & Senk, 2009) and to guide students to identify various safety measures while working in real laboratory (Bell & Fogler, 1996)."

Jan 1, 2016

By Junior Santos

Kinross Paracatu started the operation of the new gold processing plant in the end of 2008, being composed by one SAG mill and two ball mills. During the first year of operation the plant had several problems related to stability and throughput capacity, mainly due to low grinding efficiency of the ball mills. In this period many actions were taken to maximize the throughput rate. Among the actions are reducing the size of balls in the mills, increasing the ball charge in the SAG mill, changing cyclone configuration and return of circulating load to SAG mill. With better stability of the circuit, the second stage of improvements has begun with the objective of increasing throughput rate and also reducing operation costs. Among the actions are the optimization of ball charge in the mills and a better operational control of cyclone parts. After two years of operation was obtained a significant increase in plant capacity, but still requires the addition of a third ball mill in order to maximize the use of SAG mill, which has spare capacity.

Jan 1, 2012

By D. Letzig

Wrought magnesium alloys are of special interest as lightweight structural components as a result of their more homogeneous microstructures and improved mechanical properties compared to cast components. Extrusion as a shaping technology offers the possibility to produce a wide variety of magnesium alloy profiles. In this contribution we describe the role of extrusion parameters such as extrusion speed, ratio and temperature as well as the type of extrusion process on the microstructural development of AZ-series magnesium alloys and the resulting mechanical properties. The effect of microstructure on the tensile/compression deformation behavior of the alloys has also been investigated. Aspects of process optimization designed to overcome technical and economic limitations and thus establish magnesium alloy profiles for industrial applications will also be discussed.

Jan 1, 2006

By Willie van Niekerk

As mining projects get larger and more complex there is a need to examine the use of project management techniques developed for large construction projects in order to ensure completion of the project on time and budget. In recent years the construction/civil industry has sought new methods to ensure that multimillion dollar projects involving multiple contractors, working in an increasingly legislated work environment, are delivered to the clients satisfaction. The paper describes these methods, which range from program management to systems and tools to gather all project information such as schedule and cost, and relates how these can be applied to large international mining projects. The paper also describes the benefits that an independent project manager can bring to a client or owner?s team by setting up the relevant organization and controls together with the appropriate contract and procurement strategy.

May 1, 2009

By Jean-François Dorion

In an underground mine rock reinforcement elements and surface support units are often exposed to conditions that make them susceptible to corrosion. These unfavourable conditions include high relative humidity, the presence of dust and various other particles in the atmosphere, splashing of water and gases from blasting and diesel equipment. The corrosion of support systems is often associated with a loss in capacity that can be a major safety and economic concern in underground mines. A support system is composed of several components such as bolts, mesh, plate, retaining nut, cable ties. Every individual component can deteriorate due to atmospheric or aqueous corrosion and consequently can damage the integrity of the support system. This paper reports the results of a 5-yr study on the loss in capacity of individual support and reinforcement components at selected underground hard rock mines. As part of this investigation corrosion coupons were installed at selected locations at participating mines. A number of these coupons were recovered at regular time intervals and analysed for any signs of corrosion and subsequently tested to quantify any loss in capacity. The testing of the corrosion coupons was complemented by similar tests on recovered mesh and friction bolt specimens from the site. The collected data have provided useful insights on the factors that contribute to the corrosion of support systems. This knowledge can aid in the selection of appropriate support strategies and a reliable assessment of the predicted useful life of a support system and the need for rehabilitation.

Jun 1, 2012

By P. Hajiani

"Feasible and sustainable separation of lanthanides outside of China has been a dilemma for the past few years. The present technique uses REE electrophoretic mobility (Ui) variation in an electrical field to separate them. The present invention relates to a system and a method to separate and refine rare earth elements/compounds produced in hydrometallurgical processes while they are dissolved in an acidic medium, without any intermediate precipitation step. This process uses free-flow electrophoresis to isolate REE from the concentrate simultaneously without any pre-treatment or intermediate steps related to the nature of elements.INTRODUCTIONRare earth elements (REE) invariably occur together in nature, and any given mineral contains several or most of them. Production of high purity individual rare earth (RE) elements/compounds from their ores generally requires two stages of processing, including mineral processing and hydrometallurgy.Depending on the ore, mineral processing and hydrometallurgy treatment of the ore before REEs purification is relatively simple and quite achievable though conventional methods. However, producing individual REE from mixed REs compounds is tremendously tedious. RE processing often requires dozens of steps, each resulting in minute improvement in the complex RE streams. Separating and extracting a single REE requires a great deal of time, resources, and expertise. Today, advanced RE refinery facilities cost hundreds of millions of dollars to build. The high purity RE concentrates are separated into individual REE using solvent-based or ion exchange methods. Although there are several techniques to separate REEs, most of them suffer from different types of drawbacks. For instance, solvent extraction requires a great number of steps to achieve high purity REEs. The process which uses ion-exchanger for separation and refinery operates with low REE concentration in solution which leads to very large liquid volume quantity, bulky tanks, dehydrators, pumps, etc. The low concentration will adversely affect the water consumption as well as other chemicals. Similar chemical properties of those three valent elements do not allow them to be isolated easily one from one another using conventional separation techniques. Solvent extraction has been successfully applied for rare-earth refining (lanthanide, scandium and yttrium) for the past few decades in China. Since then, efforts have been dedicated to develop other techniques which could be applied industrially around the world."

Jan 1, 2016

By J. B. Hadaway

The operation at Phu Kham commenced design and construction in early 2006 and was commissioned in May 2008. This paper will examine and discuss the project from the inception of flow sheet development and equipment selection, equipment design and manufacture, construction, commissioning and ramp up to full production. The paper will touch on the strategies employed to achieve a short schedule and the efficient use of capital, but with the main emphasis on the grinding circuit. Various challenges during the early years of operation will be discussed including the effect of ore characteristics, including competency, on the performance of the grinding circuit. Actions to overcome these challenges and to enhance performance will also be discussed. Finally, current and future plans to improve the performance of the grinding circuit and the overall plant will be summarised.

Jan 1, 2012

By D. Purdie

"This paper aims to remind researchers, designers, operators, and managers about the benefits of seeding in the design of precipitation stages in their flowsheet. Including a high density solids (HDS™) process encourages the precipitating solids to form on the surface of existing precipitated particles. This paper discusses the application of the HDS technology at Kennecott Smelter, where the authors have witnessed significant improvements in settling and filtration rates. The authors have also applied this technology at various smelter bleed treatment plants worldwide with similar improvements in precipitation and filtration rates. HDS is a registered trademark of De Nora Water Technologies. RÉSUMÉ Cet article a pour objectif de rappeler aux chercheurs, aux concepteurs, aux exploitants et aux administrateurs les avantages de l’ensemencement dans la conception des étapes de précipitation de leur schéma de traitement. L’introduction d’un procédé des boues haute densité (procédé HDS™, de l’anglais high density sludge) encourage la formation de substances solides précipitantes à la surface des particules précipitées existantes. Cet article porte sur l’application de la technologie HDS à la fonderie Kennecott, où les auteurs ont observé des améliorations importantes au niveau de la vitesse de sédimentation et de filtration. Ils ont également appliqué cette technologie à diverses usines de traitement des rejets liquides des fonderies dans le monde entier, et ont constaté des améliorations similaires en termes de vitesse de précipitation et de filtration. Le procédé HDS est une marque de commerce déposée du fabricant De Nora Water Technologies.INTRODUCTION In 1966, the lead author worked as an assistant smelting metallurgist for the Tsumeb Corporation Limited copper and lead smelter in Tsumeb, Namibia. The smelter produced copper and lead, as well as cadmium and arsenic trioxide as byproducts. The cadmium was concentrated in the lead blast furnace off gas dust, and was collected by a baghouse. The baghouse dust was leached with dilute sulfuric acid (H2SO4) in a batch process. The iron and arsenic in the solution were oxidized with potassium permanganate (KMnO4) and basic ferric arsenate (BFAS; Fe(AsO4)x(SO4)y(OH)z·wH2O) was precipitated using milk of lime. The cadmium was cemented from the purified solution using zinc dust."

Jan 1, 2018

By E. Goris Cervantes

"A theoretical framework based on a detailed analysis of mine operations data from an oil sands mine in northern Alberta and the static simulation of truck cycle times are developed, verified, and validated in this paper. Implementation of this framework provides better results than existing tools that rely solely on manufacturer data. This, therefore, aids in efficient equipment planning for the life of the mine. The use of this framework to modify existing productivity curve estimation methods currently in use at the mine site is also proposed. This method replaces “loaded flat haul” with “loaded effective flat haul” in the productivity estimation. Validation of the model results in a 4% overestimation of productivity, versus an underestimation of more than 10% when using the existing in-house method. ¦ KEYWORDS Equipment planning, Life-of-mine (LOM) planning, Oil sands, Productivity, Truck cycle times RÉSUMÉ Un cadre théorique fondé sur une analyse détaillée des données relatives aux activités minières d’une exploitation de sables bitumineux dans le nord de l’Alberta et la simulation statique des temps de cycle des camions sont développés, vérifiés et validés dans cet article. La mise en oeuvre de ce cadre offre de meilleurs résultats que ce que proposent les outils existants, lesquels se basent uniquement sur des données des constructeurs. Ceci contribue donc à une planification efficace de l’équipement pour des projets relatifs à la durée de vie de la mine. On propose également de se servir de ce cadre pour modifier les méthodes d’estimation de la courbe de productivité actuellement utilisées sur le site minier. Cette méthode remplace le concept de loaded flat haul (la distance parcourue par des camions avec un chargement du point de collecte jusqu’au point de déchargement des résidus miniers) par celui d’effective loaded flat haul (la distance relative parcourue par des camions avec un chargement du point de collecte jusqu’au point de déchargement des résidus miniers) dans l’estimation de la production. La validation du modèle résulte en une surestimation de 4 % de la productivité, par rapport à une sous-estimation de plus de 10 % avec la méthode actuellement utilisée en interne. ¦ MOTS CLÉS planification de la durée de vie de la mine, planification de l’équipement, productivité, sables bitumineux, temps de cycle d’un camionINTRODUCTION One aspect that differentiates oil sands mines in northern Alberta from conventional hard-rock mining is the environment in which they operate. Due to ground characteristics, producers in the region experience roads with very high rolling resistance (RR) that, in turn, negatively affect haul-truck performance and greatly increase fuel consumption and emissions. Oil sands mining companies use some of the largest haul trucks in the world. In addition, oil sands mines cover more extensive areas than hard-rock pits, resulting in longer haul distances on roads made of comparatively more viscous material."

Jan 1, 2019

By Sangjian Zhang, Zhu Xiao, Lairong Xiao, Rushi Chen, Mei Fang, Zhou Li

The copper-graphite metal matrix composites were fabricated by two different production methods: directly sintering with copper and graphite (Cu-Gr composite), and in-situ sintering with cuprous copper and graphite (Cu2O-Gr composite). During the in-situ reaction sintering, a redox reaction occurs at the interface of the Cu2O particles and Gr particles, resulting in the improved physical and mechanical properties of Cu2O-Gr composites. Compared with Cu-Gr composite, Cu2O-Gr composite has a higher compression strength at any given graphite content due to the improved interface bonding and uniformly distributed fine graphite particles in the matrix. Increasing graphite content decreases the mechanical properties of the copper-graphite composites. The compression strength of Cu2O-Gr composite is 50-100 MPa higher than that of Cu-Gr composite. INTRODUCTION Copper-graphite composites have been widely used in industry due to their low density, relatively high strength and hardness, good thermal and electrical conductivity, arc ablation resistance and self- lubrication ability (Grandin & Wiklund, 2018; Han & Xu, 1999; Huang et al., 2017). Electric sliding contact friction pair in the high-speed railway system and motor brush in electric contact components have a very high demand on electrical conductivity and self-lubrication ability of materials. The electric devices need to bear both mechanical load and high electric current. Copper-graphite composites with good mechanical, electric and self-lubrication properties are the best candidates for application in multifunctional electric sliding contact frication components. The relative sliding speed of friction pair is developing towards 100 m/s or even faster, which can withstand the electric flow of more than 800 A, and it is often accompanied with vibration and impact (Guo & Ding, 2008). Conventional wear-resistant materials can no longer meet the current requirements and this promotes the development of copper- graphite composites with excellent comprehensive properties (Ding, Chen, Zhu, Zhang, & Zhou, 2009; Yasar, Canakci, & Arslan, 2007). There are many ways to fabricate copper-graphite composites, mainly including powder metallurgy method, liquid immersion infiltration method, rapid sintering method and electrodeposition method (Kalin & Poljanec, 2018; Kim, Lee, & Han, 2014; Liu et al., 2018; Wang et al., 2018). Each method has its own advantages and disadvantages, and the powder metallurgy method is the most commonly used one due to its simple process, high economic benefit, and industrial production applicability. The common steps of the powder metallurgy method are as follows (Samal, Parihar, & Chaira, 2013): firstly mixing the copper (copper alloy) powders and graphite with a certain ratio, following by die-forming, and then sintering at the high temperature with or without pressure. The advantage of copper-graphite composites is that the graphite distributed in the copper matrix uniformly and it can form a carbon diaphragm preventing the wear of the composite (Fu & He, 2010). However, the bonding strength of the interface between the copper matrix and the graphite is relative low as the combination between them is mechanical interlocking but not metallurgical bonding (Ma et al., 2008). It is meaningful to develop new fabrication technology of copper-graphite composites with better interface bonding, which could provide guidance for the design of copper-graphite composites with excellent comprehensive properties.

Jan 1, 2019

By B. Holaday, H. McLaughlin

Orano Canada Inc. (Orano) operates the McClean Lake mill, located in the Athabasca Basin region of northern Saskatchewan. It processes high concentration uranium ore, delivered in slurry form from the Cameco Corporation operated Cigar Lake mine. After the ore slurry is leached at the McClean Lake mill, the leach residue solids are washed in a process known as counter-current decantation (CCD). This process uses six thickeners to facilitate counter-current washing of solids with diluted acid, flocculation and settling, as well as pumping the washed leach residue to the tailings neutralization circuit (TN), and the uranium laden aqueous to the solvent extraction circuit (SX). Challenges in settling the slurry in CCD started in early 2017. This is largely due to the variation in fines content of the slurry (D80≤75μm), and clay content. There are several changes that have allowed the mill to adapt to the evolving challenges of settling leached Cigar Lake leach residue. Flocculant selection and mixing, temperature effects, bed level management philosophy, and centre-well feed density are key parameters that have been explored as part of adapting to changes in Cigar Lake ore quality.

Jan 1, 2020

By Robert Hamilton

Aur Resources is Canada's leading copper mining company with producing mines and development projects in North, Central, and South America. Copper production from Louvicourt Mine in Quebec, Quebrada Blanca, and Andacollo Mines in Chile had a record of 245 million pounds in 2001. Located 600 km North of Montreal, Louvicourt Mine is a joint venture between Aur Resources (30%), Teck Cominco (45%), and Novicourt (45%). Aur Resources is the mine operator with 280 employees working to produce a copper and zinc concentrate. In operation since 1994, the mine has produced a total of 12,606,000 metric tonnes of ore grading 3.6 % Cu, 1.5 % Zn, 26gr./m.t Ag, 0.9gr.m.t Au. This highly mechanized mine reached full production in August 1995 at 4,000 tpd. From 1996 to 2001, the average mine production rate was more than 4,300 tpd. The Louvicourt Mine continued its record of solid performance in 2002 and is expected to continue to do so for the balance of its 2.5 years mine life.

May 1, 2003

By J. C. Keenan

Company-community agreements are widely considered to be a practical mechanism for recognising the rights, needs and priorities of peoples impacted by mining, for managing impacts and ensuring that miningderived benefits are shared. The use and application of company?community agreements is increasing globally. Notwithstanding the utility of agreements, the gender dimensions of agreement processes in mining have rarely been studied. Prior research on women and mining, however, does show that women are often more adversely impacted by mining than men, and face greater challenges in accessing development opportunities that mining can bring, however there is currently little to no guidance for companies, government or communities in terms of bringing a gender perspective to the fore in mining and agreement processes. While it is undisputed in human development literature that investment in women and sensitivity to gender delivers long-term health, education and local development outcomes, a number of key factors remain unexplored in debates about mining and development. These include: women?s participation in agreement processes, the gendered distribution of agreement benefits, and the extent to which impacts and benefits influence (either positively or negatively) women?s development and economic inclusion. This paper presents the results of an applied research project undertaken by the Centre for Social Responsibility in Mining (CSRM) at The University of Queensland and funded by a partnership between the Minerals Council of Australia (MCA) and the Australian Agency for International Development (AusAID). The project sought to connect with practitioners who had been directly involved in agreement processes to hear grounded perspectives on the interaction of gender dynamics and agreements, and connect those experiences with the broader literature. Findings from this study have implications for the role of companies and governments in promoting gender equality and empowerment as part of their commitments to sustainable development. A key challenge for companies will be navigating the territory of cultural norms and gender equality. The authors argue that without consideration of the gender perspective, and appropriate responses, mining agreements may not be inclusive or representative and may exacerbate gender inequalities and fail to contribute to long-term sustainable development.

Aug 1, 2013

By G. Deschênes

"In 2013, as the prices of precious metals dropped, investors moved their positions to equity markets for higher returns. As a result, the price of gold dropped further to below US$1200 per ounce, prompting additional substantial outflows from gold investments. In response to lagging gold prices, major gold producers initiated large asset write-downs and cost-cutting programmes. In 2015, this trend continues and gold mining stocks are close to lows not seen since the global financial crisis (GFC) of 2008. In the current economic climate many projects have marginal economics, and the number of projects that have competitive development and production costs is declining. A competitive edge is particularly important with the decreasing grades of orebodies, increasing complexity of the mineralogy, and increasingly demanding environmental constraints. In addition, higher cost producers seek to optimize their process t o reduce operating costs.This paper presents some highlights of three case studies on optimization of gold leaching strategies that improved the economics of brownfield projects. Processing of sulphide-bearing ores was optimized by using the synergy between cyanide, lead nitrate, and oxygen. The outcomes were significant reduction of retention times while maintaining or increasing gold extraction and reducing cyanide addition and effluent treatment costs. A stirred tank reactor experimental programme led to direct implementation of reliable leaching strategies from laboratory scale to production. This approach resulted in savings of $2.2 million to $15.2 million on the three brownfield projects discussed in this paper."

Jan 1, 2016

By Melinda Bissinger, Frederic Berube

Environmental considerations are important in the aerospace industry. To that effect, several elements such as engine emission, noise and materials are identified by the industry and the society as requiring significant improvements for future and current products in order to be aligned with current expectations. In this context, the industry is addressing this opportunity by investing significantly in new engineering solutions that will meet greener targets. To this effect, the impact of material choice is significant and will make a difference in the forth coming solutions. Several opportunities to develop more efficient products, quieter aircrafts using materials and manufacturing processes that will be more respectful of environmental considerations exist. The presentation will cover those elements and provide an overview of the upcoming solutions.

Jan 1, 2010

By C. A. Grandison

The economic evolution from an agrarian society to an industrial and service-oriented economy is apparent to most students of history. The long-term trend is almost taken for granted, it does not require explanation — it is accepted as the nature of man to improve his standard of living. However, there are fluctuations around this trend line which have provoked a great deal of thought. The ability to understand and control these fluctuations would yield many benefits, it would eliminate economic waste and public hardship, and would no doubt make a few fortunes. I f it is not possible to control or eliminate these fluctuations, then a reasonable forecast of the tinting, rate of change and magnitude of the fluctuations would be invaluable to industry and government.

Jan 1, 1976