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By I. D. Wood

The geostatistical methods given for the estimation of low-ash coal reserves take into account the geological structure of the seam, and consequently give far more reliable results than have been obtained in the past. Confidence limits are given for all the estimates.

Jan 1, 1979

By I. Blayda

The purpose of this work is to study and make comparative analysis of germanium extraction and related valuable components of the sublimates from the burning of domestic power coals (product 1) and germanium sulfide materials, which are a waste of lead-zinc production (product 2), by traditional chemical methods (distillation of germanium in the form of tetrachloride from raw and preliminary burning source) and by microbial bioleaching of sulfur-oxidizing bacteria. The dependence of the germanium extraction by chemical methods from phase composition of the initial raw materials was installed. The germanium tetrachloride extraction from products 1 and 2 were 78.50 and 19.52%, respectively. Such difference in indexes on extraction, is caused by germanium confinement as concomitant trace component to the basic phases to carriers. The share of acid-non-soluble compounds (tetragonal modification GeO2 and silikogermanaties) in the product 1 account for 21.5 % of germanium. Ratio between acid-soluble and acid-not -soluble germanium forms are 19.52 and 80.48 %, respectively, in the product 2. Our experiments have shown, that implementation of restorative firing (with addition of 30-40 % carbon at 1150 0?) of sulfide product 2 considerably impacted on the extraction of germanium tetrachloride (91.76 %) in comparison with its low enough extraction at straight distillation of hydrochloric acid (19.52 %). The results are confirmed by a set of physical methods. The results of processing the same so-called hard phase?s material (product 2) with the help of microorganisms are presented. It Has been established, that selected strains of bacteria are capable of extracting from initial raw materials not only macro components (iron, zinc, lead, manganese, aluminum, nickel), but also micro impurity of rare metals (gallium, germanium, zirconium). It is important that these metals were not extracted by traditional chemical methods (with application of aggressive conditions and heats) independently of the phase composition of the source. Almost complete extractions of germanium in solution using sulfur-oxidizing bacteria take place in the first day of the process independently of the phase composition of the source and the type strain. The results have practical significance and can be the basis for developing a unified biotechnological method of technogenic waste processing with a purpose of their sterilization and detoxification with simultaneous obtaining concentrates of valuable metals. Keywords: germanium, extraction, sublimates, bioleaching, sulfur-oxidizing bacteria.

Sep 1, 2012

By R. J. Latino

Because of the lack of a universally accepted definition or standard for RCA, we are left to our own conventions in the marketplace as to what is most ?effective? or a ?Best Practice? for our own facilities or organization. This lack of uniformity in the application of RCA produces an equal lack of uniformity in the measureable outcomes of RCA on the bottom-line from site to site and industry to industry. What is the definition of success for an RCA? Is it regulatory compliance? Is it some quantifiable measure of bottom-line performance? Is compliance and bottom-line performance the same thing? Can we measure the ROI we receive by doing compliant RCA? These questions must be adequately addressed if any definition of RCA is to be effective on the bottom-line. Like our various Corporate Vision and Mission Statements, what would be our Vision and Mission for RCA? When pondering the answer to this question, we should consider: ? What Key Performance Indicators will the Success of RCA be Linked to? This provides a direct correlation to the corporate dashboard and therefore garners support for the RCA effort when implemented at the sharp end. Not until we know what KPI?s will effectively measure our maintenance and reliability objectives can we begin to establish which opportunities will afford the greatest returns1. ? What Bottom-Line Metrics will be Tracked to Measure the Effectiveness of Our RCA Effort? Will it be increased production, profitability, regulatory compliance, etc.? Will it be decreased injuries/fatalities, claims, customer complaints, risks, etc.? We should be specific about these metrics and their correlation to the metrics on our corporate dashboard. ? What Will Trigger an RCA Investigation? Normally companies will establish quantifiable thresholds to be surpassed before an RCA will be conducted. Examples may be an OSHA recordable injury, a failure event in which production losses exceed $250,000, an equipment failure in excess of $50,000 or a regulatory violation. This is the norm. However, we should realize this is using our RCA skills totally on a reactive basis. High Reliability Organizations (HRO) strive for proaction and they also use RCA proactively. Why can?t we use RCA to analyze why unacceptable risks from an FMEA are so high? It is perfectly applicable yet rarely implemented in this fashion.

Feb 27, 2013

By B. Matsetela, S. Amos, V. Nkuna

"The Kamoa-Kakula copper project—a joint venture between Ivanhoe Mines, Zijin Mining Group Co. Ltd, and the government of the Democratic Republic of Congo—has been independently ranked as the world's largest undeveloped high-grade copper discovery by international mining consultant Wood Mackenzie. It is a very large, near-surface stratiform copper deposit with adjacent prospective exploration areas within the Central African Copperbelt, approximately 25 km west of the town of Kolwezi and about 270 km west of the provincial capital of Lubumbashi. A phased development approach is currently envisaged. The first phase of the project involves the development of a 6 Mt/a underground mine and surface processing complex (dual stream concentrator) at the Kakula deposit, a discovery announced in early 2016. The second phase involves an integrated 12 Mt/a two-stage development, beginning with initial production from the Kakula mine, to be followed by a subsequent, separate underground mining operation at the nearby Kansoko mine, along with the construction of a smelter. Project description and locationThe Kamoa–Kakula project comprises a newly discovered, very large stratiform copper deposit with adjacent prospective exploration areas, located within the Central African Copperbelt in Lualaba Province, Democratic Republic of Congo (DRC). The Kamoa–Kakula project lies approximately 25 km west of the town of Kolwezi and about 270 km west of Lubumbashi. Ivanhoe owns a 49.5% share interest in Kamoa Holding, an Ivanhoe subsidiary that currently owns 80% of the project. Zijin Mining owns a 49.5% share interest in Kamoa Holding, which it acquired from Ivanhoe in December 2015 for an aggregate cash consideration of US$412 million. The remaining 1% interest in Kamoa Holding is held by privately-owned Crystal River.The Kamoa–Kakula project consists of the Kamoa exploitation licences (exploitation permits 12873, 13025, and 13026, which cover an area of 397.4 km2) and one exploration licence (exploration permit 703 covering an area of 12.74 km2). The Kamoa exploitation licences, approved 20 August 2012, grant Kamoa Copper the right to explore for, develop, and exploit copper and other minerals, for an initial 30-year term, expiring on 19 August 2042. The permits can then be extended for 15-year periods until the end of the mine’s life."

Nov 1, 2018

By Wilhelm Borchers

IN all special branches of the chemical and metallurgical industries, in which large electric furnaces became necessary for carrying out new processes or for the improvement of old ones, the development of the electric furnaces took place on much the same lines. The endeavors to make a success of a new idea brought forth many ingenious designs, which, however, almost without exception, furnished the proof that the safest and shortest way to practical success is the utmost simplicity of construction of the necessary apparatus. Our knowledge of the qualities of materials for building electric furnaces and of the constituents of the furnace-charges, especially their electric conductivity and their chemical affinity . towards one another at high temperatures, is still far from being complete, and from this fact we must conclude that the smaller the number of elements in the construction of a furnace, the fewer the number of unreliable factors both in the construction and in the operation of the electric furnace. This conclusion deserves special attention when an electric furnace for making steel has to be chosen from the constantly growing number of inventions, inasmuch as the chief con¬stituent of steel, the element iron, is a substance which in its liquid phase has so great an affinity fir those elements which are to be removed from the charge, that it is very difficult to comply with the following conditions: 1, to beat the refining-slag to the highest point of its chemical activity ; to prevent the iron from entering the slaw, or, where this cannot be done, to make it enter so that it finally appears in the end-product

Jan 1, 1910

By D. Atkinson

"Porphyry molybdenum-tungsten mineralization on the east flank of Hudson Bay Mountain crops out over 5 km2 and is intersected to depths of 2 km. Features such as a hornblende-biotite aureole, mineralogical zoning and dike, vein and fracture geometries within lithologies of the Middle to Lower Jurassic Hazelton Group and Cretaceous Skeena Group reflect an intrusive complex, the Upper Cretaceous to Early Tertiary Hudson Bay Mountain stock which has been intersected by drill holes. The stock is believed to be the mineralizing agent. A southeast-dipping granodiorite sill has been outlined by drilling within the Hazelton Group. Molybdenite and scheelite veins cut all rock types; however, the granodiorite sill hosts a higher density of fine-grained, banded, quartz-molybdenite and pegmatitic quartz-molybdenite veins reflecting a competency contrast between the intrusive sill and other country rock. Due to the relative abundance of these veins, grade is higher within areas of the sill. Above the 15000£ cross-cut 20.6 million tonnes grading 0.401% MoS2 and 0.041% W03 have been defined. During exploration of the deposit sampling procedures had to be adjusted because of the nugget effect attributed to drill intersections of banded and pegmatitic veins.IntroductionMolybdenite was discovered in outcrop at the foot of Kathlyn Glacier on Hudson Bay Mountain and first reported by the Geological Survey of Canada in 1944. The deposit has several names: Hudson Bay Mountain or Glacier Gulch, both after its location, and Yorke-Hardy after the original staker.The deposit is on the east flank of Hudson Bay Mountain, 9 km northwest of Smithers, west-central British Columbia, within NTS area 93L/14 (54° 49' North, 127° 18' West, Fig. 1). Hudson Bay Mountain, on the southern edge of the Bulkley Valley, is a dominant topographical feature reaching 2590 m elevation. Mineralization is partly overlain by the Kathyln Glacier which is visible from Highway 16. Access to the 3100 m of underground development is from a portal at 1066 m elevation on the east slope of Hudson Bay Mountain."

Jan 1, 1995

By A. D. Trippel

The Cripple Creek Mining district is located in Teller County, Colorado, 30 km west of Colorado Springs and 9 km southwest of Pikes Peak (Fig. 1). Since its discovery in 1891, the district has produced almost 21 million tr oz of gold (Gott et al., 1967), most of which has been from high-grade vein deposits. Globe Hill is located in the northern part of the district (Fig. 2). Production from its summit has yielded over 100,000 tr oz of gold. Early production was concentrated along high-grade veins and fault structures, but emphasis was soon placed on the extensive, low-grade (0.0X oz/t), breccia-hosted mineralization. From 1977 to 1981 Newport Minerals, Inc., a subsidiary of Gold Resources, Inc., mined 680,000 t of low-grade gold ore from the Globe Hill pit (Fig. 3) and production is expected to resume in 1986. These strongly-altered and -oxidized breccias are amenable to bulk-mining methods, and thus similar deposits are currently being sought elsewhere in the district. Numerous publications and reports discuss the breccia-hosted mineralization at Globe Hill. They include Cross and Penrose (1895); Argall (1905, 1908); Lindgren and Ransome (1906); Keener (1962); Peters (1982); Thompson, Trippel, and Dwelley (1985); and Trippel (1985). This preprint is a summary of the recently-completed research documented by Trippel (1985).

Jan 1, 1986

By Robert E. McIvor

"Use of the Bond Work Index to size industrial grinding equipment was widely known. Bond also described its application for measuring grinding circuit efficiency. Bond Work Index efficiency also has been used extensively by industry, but until now without concise standard methods, or a formal guideline, for doing so. The Bond Efficiency Sub-Committee of the Industrial Comminution Efficiency work group of GMSG has produced such a guideline, which is appended hereto. It covers the methods and provides examples of how to calculate the Bond Work Index Efficiency of most industrial grinding circuits. Bond Work Index testing equipment and methods are also provided.Comminution is responsible for a major portion of mineral processing plant energy consumption and operating costs. Bond Work Index efficiency provides valuable means, first, for benchmarking one’s plant performance against others in the broad industry, and hence defining the extent of the opportunity for improvement. Secondly, improvements in circuit efficiency with implemented changes can be quantified and monitored as part of continuous improvement efforts. These two important business activities are thus facilitated, and, in the absence of any other accepted method, otherwise would be lacking without the existence and application of this standard for comparison. While often loosely applied in the past by plant metallurgical staffs, the increased precision offered by this guideline provides much clearer definition of both the conceptual and statistical meaning of these measurements. Even a small improvement can be enormously financially important, but only if differentiated by measurement. This guideline was thus intended to provide industry improved means to differentiate comminution circuit efficiencies. Carbon footprint reduction is coincidental, but nevertheless can be substantial.The next steps are: (1) to establish standard reference testing materials and one or more laboratories to serve as bases for reference testing; (2) to establish the accuracy of relative circuit Work Index Efficiency determinations; and (3), to develop and provide a public data base of industrial comminution circuit Bond Work Index Efficiencies."

Jan 1, 2016

By Aidan Giblett

"It is important to make a clear distinction on the scope of work of the Global Mining Standards and Guidelines (GMSG) guideline for sampling grinding circuits. Many mineral processing practitioners are familiar with the sampling and surveying of comminution circuits, in particular grinding circuits, for performance diagnosis and the identification of optimization potential. These surveys often provide information for population balance modelling of individual comminution and classification unit processes, and consequently require a large amount of information to calibrate and validate the unit models. As a result, these surveys are labour intensive, somewhat expensive, depending on internal capabilities of the mine site or company and have a long time span from initial planning to final reporting. They also require a high level of expertise to process the survey data, simulate the circuit and make sensible recommendations on follow up actions.As a result of these factors, full grinding circuit surveys are not a common occurrence at a large number of processing facilities, and several years may pass before follow up surveys are conducted. In the ensuing gap between surveys, the efficiency of the grinding circuit must often be taken on faith, and this is considered an unacceptable lapse in an environment of strained natural resources and low commodity prices.To support the rapid and productive energy efficiency analysis being promoted by the ICE working group, a much simplified survey and analysis process is required. The process reflected in the GMSG guideline is indeed more conducive to frequent analysis, at a skill level that is well within the capabilities of the average plant metallurgist. As a result, it becomes feasible to conduct mini-surveys of plant performance, which can be used to quickly and precisely diagnose the high level impact of process changes. These methods can also be manipulated by an experienced practitioner to provide sufficient information for modelling of the circuit to estimate the impact of process changes, allowing an initial rate and rank exercise to focus plant optimization efforts."

Jan 1, 2015

By Sir Stopford Brunton

Gold was first found in Nova Scotia about 1830-40, but its significance at that time was not appreciated. Probably the first discovery that resulted in any work was made by Lieut. C. !'Estrange, at Mooseland, on the Tangier river, in 1858.1 Since that time gold has been mined with varying success until now, and from 1868 onwards work has never altogether ceased. Gold mining in Nova Scotia is at the moment under a cloud, and the idea generally accepted by most people is that it has failed in the past, and that there is no prospect for it in the future. The actual reasons for the present situation have never been carefully analysed, and it seems a good thing to see what really is the state of the case and whether or not this general idea is worthy of credence. It is the purpose of the present paper to analyse the situation in the light of present knowledge, and to set forth some data which may assist in the future development of the Province.

Jan 1, 1926

By J. R. Arnold

The problem of recovering gold from a cyanide solution has been plaguing metallurgists since the cyanidation process was discovered in Glasgow, Scotland.1 The "perfect" method has never been found and this paper will not purport to fill that gap. But we, at Gold Fields, feel that we have developed a workable, cheap and efficient method of producing a refinery - ready product that has several distinct advantages over conventional electroplating techniques. The Gold Fields replating system is presently being used at their Ortiz and Mesquite operations. In short, the system electroplates the gold out on stainless steel wool, instead of mild steel wool as is usually done, then replates the gold by reversing the current onto stainless steel plates. By doing this the steel wool can be reused many times, the gold can be scraped off the plates cleanly and quickly, the operating costs are reduced and the slag production is greatly reduced.

Jan 1, 1986

By Z. Xiao, A. R. Laplante

"The recovery of gold by gravity from grinding circuits differs from virtually all other gravity recovery approaches in that stage (or unit) recoveries are low, typically 1 to 5%, but overall recoveries are generally in the 25 to 60% range, because individual gold particles are presented many times to the primary recovery unit. Full-scale recovery is difficult to predict from benchscale tests. Further, maximizing metallurgical recovery is generally not the primary objective, because of the more efficient downstream recovery circuit (flotation or cyanidation). In this paper, a new concept, the gravity recovery effort, is presented to assist in the design and optimization of gold gravity circuits. It is defined as the product of the circulating load treated by the primary gravity unit, the recovery of this unit, and the gold room recovery. Predicted gold recovery is linked to the recovery effort, the size distribution of gravity recoverable gold (GRG), the dimensionless retention time in the mill and the partition curve of GRG. A case study of economic optimization of the gravity recovery effort is presented. INTRODUCTIONPredicting gold gravity recovery from grinding circuits has always been a hit-and-miss exercise. The problem can be traced to the highly variable gravity recoverable gold (GRG) content of ores, high GRG circulating load, fraction of the circulating load treated, and performance of primary gravity recovery and gold room. Typical values, highs and lows are shown in Table 1."

Jan 1, 2001

By D. R. Lentz, C. J. Beaumont-Smith, S. H. Mcclenaghan

"Abstract - The Louvicourt Au-Ag-Cu-Zn-Pb sulfide deposit is hosted by a Middle Ordovician calc-alkaline sequence of aphyric rhyolite flows and associated fragmental rocks at the top of the Flat Landing Brook Formation. The Zr/TiO2 (average = 0.110) and Y/TiO2 (average = 0.021) ratios in the footwall felsic volcanic rocks are consistent with known values for the Reids Brook member. The deposit consists of two concordant lenses of semi-massive to massive sulfides, approximately 150 m long and up to 9 m thick, which represent a fold repetition of a single exhalative horizon. The deposit contains a geologic resource of 136 000 tonnes grading 1.2% Pb, 1.0% Zn, 0.4% Cu, 90.9 g/t Ag, and 0.96 g/t Au; the deposit locally contains elevated Au (2.9 ppm) and Ag (320 ppm) contents. A laterally continuous iron formation that contains barite caps the deposit, and is gradational vertically and laterally into laminated siltstone. The exhalite confirms the stratiform nature of this deposit, but a large percentage of sulfides occur as late replacements of altered felsic fragmental rocks in the footwall. Abundant examples of colloform pyrite and perlitic and spherulitic textures in volcanic clasts are well preserved. The base- and precious-metal content of the Louvicourt deposit is atypical of the Bathurst Mining Camp (BMC). Reported assay data (n = 27) indicate an average Pb/Zn ratio of 2.6, the highest in the BMC (average = 0.39). Lead exhibits a strong Spearman Rank correlation (r' = 0.92) with base metals throughout the sequence, indicating a preponderance of galena in both the stockwork and stratiform zones. The Ag and Au contents in this deposit are among the highest in the BMC and exhibit a Au-Ag- Cu-Pb association. Barite-rich exhalative pyrite exhibits a moderate Au correlation with Ag (r' = 0.77; n = 10) and Cu (r' = 0.76) and occurs in portions of the exhalative sulfides that are enriched in Pb. Chemical exhalative rocks are conformably overlain by trachy-andesitic volcaniclastic (possibly pyroclastic) rocks that are assigned to the Little River Formation. These are enriched in Nb (average = 38.4 ppm) and P2O5 (average = 0.17 wt.%), and have much lower Zr/TiO2 (average = 0.056) and Y/TiO2 (average = 0.0062) relative to rocks higher in the hanging wall. The intermediate volcanic rocks are conformably overlain by massive to pillowed basalt flows and related hyaloclastite that have Nb/Y = 0.60 and high TiO2 contents (average = 2.8 wt.%). This chemistry is consistent with rocks of the Brunswick Mines member (Little River Formation), except that these rocks are considerably enriched in P2O5 (average = 0.82 wt.%). This syngenetic exhalative deposit is unique for the BMC with a high Pb/Zn and elevated Au and Ag contents, as well as an epithermal signature (Sb-Ag-Au-Tl-Hg), analogous to high sulfidation volcanogenic massive sulfide deposits. Its intimate relationship with an emergent felsic dome (Flat Landing Brook Formation), chlorite-silicate-oxide-sulfide exhalite (locally hematitic), and the abundance of barite are classical features of many of the Kuroko deposits."

Jan 1, 2006

The Savage River open cut magnetite mine is located in rugged terrain in densely rain forested northwest Tasmania. The mine and concentrating plant are both in the Savage River valley. Pickand Mather Incorporated (PMI) operated Savage River as an open cut magnetite mine between 1966 and 1996. Acid rock drainage (ARD) was first noted in the last ten years of the operation, leading to elevated concentrations of heavy metals downstream of the mine. When operations ceased in 1996, PMI returned the mine to the Tasmanian Government along with a remediation fund of $11.4 million. At that time, the assessed cost of remediation was in excess of $120 million. As a result of the ongoing ARD contamination and to facilitate both a new operation and effective remediation, Goldamere Pty Ltd negotiated an agreement with the Tasmanian Government in 1996, which resulted in the Goldamere Act and the Goldamere Agreement. The agreement has allowed Australian Bulk Minerals (ABM) to remediate the Savage River mine in conjunction with the Tasmanian Government while re-invigorating a previously closed mine by providing ABM with an indemnity against past pollution. ABM can configure its mine and waste planning activities to maximise remediation benefits without fear of future litigation for past mistakes. The effect to date has been the development of a long-term strategy to remediate the Savage River and short-term remediation works such as water management, which provide benefits to the ecosystem. After five years, the Savage River is no longer significantly impacted by ARD for 30 kilometres downstream and trout are now reported within the reaches of the mining lease. The arrangements between ABM and the Tasmanian Government are an example of a genuine WIN WIN situation where co-operative environmental management of the site results in significant improvements and where the æregulatorÆ and the æminerÆ are working together to achieve mutually beneficial goals. The end result is a significant benefit to Tasmania.

Jan 1, 2003

The Golden Cross project was a joint venture between Coeur NZ Ltd (80 per cent) and Viking Mining Company (20 per cent). The site is located in the Waitekauri Valley, 8 km north-west of Waihi, on the Coromandel Peninsula, in the North Island. The mine-site is situated close to the Coromandel Range Divide between the headwaters of the Waitekauri River and the Martoto Stream. The site has a history of Gold Mining dating back to 1892. The more recent mine comprised an open pit and underground gold and silver operation from December 1991 to April 1998, MacGillivray, Maton and Goldstone (2000).Doug Hood Ltd commenced the first of three contracts on site in September 1997 and was responsible for completing the final stages of open pit mining, landslide remedial works mine closure and rehabilitation works. The Mill Closure and Rehabilitation and Drainage Works contract, for which this submission relates, commenced in September 1999 and was officially completed by Doug Hood Ltd. on the 26 May 2001.This paper endeavours to highlight the project objectives and backgrounds them against the difficulties experienced with respect to the site-specific conditions, the design complexities and risks associated with the contract, from a contractorÆs perspective.

Jan 1, 2002

By M Watson, A V. Engelbrecht, E Murray-Hayden

Whereas mine reconciliation is a well-established month-end process for most modern mining operations, the resource sector has yet to endorse uniform reporting factors against which model accuracy and metal recovery can be formally assessed. Logically, any comprehensive reconciliation framework should facilitate comparison between period reserve, mine and mill and production figures. Historically, Parker’s F Series ratios (Parker, 2012) are often used in some form by mine operators, although they are rarely shared externally, as formal definitions have yet to be accepted. This paper presents a structural extension to the reconciliation process, wherein resource ratios (R Series factors) are used to quantify the long-term impact of the information effect, together with dilution and ore loss. A case study from the El Limón Guajes (ELG) Mine Complex in Mexico is used to demonstrate how an R Factor Series can be implemented to facilitate operation optimisation, over and above conventional F Series reconciliation treatments. This approach is applicable to any mining operation.

Mar 22, 2022

By H. Pieterse, K. S. Fraser, J. R. Goode

The Goldstrike autoclave plant is designed for the pressure oxidation of 1363 t/d (1500 stpd) of refractory gold ore. The plant was commissioned in early February 1990 over a one week period - an unusually short period for a plant of this complexity. The rapid plant start-up is attributed to certain detailed design and control aspects of the plant. This paper discusses key features of the autoclave plant with emphasis on the design of the splash/flash system of heat recovery and the control systems. Commissioning and plant operations over the first three months are reviewed.

Jan 1, 1990

By Allan J. Breitenbach

Heap leach operations provide a low-cost method for recovering gold, silver, and copper metals from low grade ore materials. The processed ore materials are stacked in controlled lifts on a lined pad facility for heap leaching. A controlled barren solution is applied to the heap ore surface by sprinkler or drip emitter irrigation, and ore metals are leached into the solution for collection and extraction in plant process facilities. The leach pad and solution collection facilities are lined with impervious materials for containment of all process solutions. The liner system typically includes a composite geomembrane and clayey soil liner with a protective drain cover fill to maximize solution recovery and protect the underlying groundwater conditions. This paper discusses the types of pad liner systems currently used by the mining industry and the "good, bad, and ugly" lessons learned in engineering practice over the last 10 years in the design and construction of heap leach pads.

Jan 1, 1999

By Milton Fies

Introduction The first experiment in underground gasification of coal in the United States was conducted at Gorgas, Walker county, Alabama, under a co-operative arrangement between the U.S. Bureau of Mines and the Alabama Power Company, at the suggestion of the Power Company. The test was conducted on property of the Alabama Power Company, that owns some 19,000 acres of coal-bearing lands on which there is developed a highly mechanized mine producing some 2,500 cons of good quality steam coal per day. At the same locality ?there is a 200,000 kilowatt steam plant one of the largest in the southern portion of the United States. The Alabama Power Company owes much of its beginning in 1912 to British vision and courage. The original plans for building hydroelectric plants in Alabama, and for the construction of necessary transmission lines, were submitted to Sperling & Company, bankers of London, who agreed to underwrite certain bond issues, the proceeds of which would be used in launching the new Company on its programme. The set-up by which these funds from England were received was through an intermediary Canadian company, which the English investors desired. The Canadian company - Alabama Traction, Light and Power Company, Ltd. became owner of the securities of the Alabama Power Company and marketed its own securities through the banking house of Sperling & Company. Without assistance at this time the Alabama Power Company could not have gone ahead with its programme of expansion and the bringing together of the properties necessary for laying the foundation for a strong Company, fortified with ample power resources essential for future requirements and for dependable service to the public.

Jan 1, 1948

By Paul H. Hunt

MANY MISUNDERSTANDINGS have arisen regarding -Al the purchase by the Government of 24,000,000 oz. of domestically produced silver annually for the next four years at a price of 64 1/2c. to the producer. Some editorials have an¬nounced rather sarcastically that be¬cause of the strong western silver bloc in Congress, the Administration is paying a bonus of approximately $22,000,000 to a few large silver produc¬ers of the West, the amount being figured on the total purchase of about 100,000,000 oz. and the difference between the Government price and the world price for silver. Actually the Government will make a profit on this purchase, due to seigniorage, of something over $60,000,000. The 96,000,000 oz. of silver, for which the producers will receive approximately $62,000,000, will be produced in association with at least $100,000,000 worth of lead, zinc, copper and gold; the greater part of this $162,000,000 worth of metal will be produced at little profit to the mining companies, as will be shown later, because of the low prices for lead, copper and zinc. This amount of money will be spent largely for labor and supplies, thus greatly relieving the national burden of unemployment. Certainly, western mining, in the purchase of this silver, is not victimizing the Federal Government.

Jan 1, 1934