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By FRABK HERVEY PETTINGELL

THE stock exchange and its functions is about as well understood by the average individual as the fourth dimension. What is a stock exchange? Divested of the rules and regulations by which it is governed, and the facilities it provides for the convenient handling of securities, it would be in its nude state nothing more or less than a meeting place for brokers. The stock exchange in America dates back to 1752, when a group of merchants of New York established a meeting place at the foot of Broad Street for the purpose of dealing in meal and slaves. The first definite orgarization, however, had its beginning in 1792 when 24 New York brokers signed an agreement not to buy or sell public stock for less than one quarter per cent. commission. From this small group has grown by gradual degrees, the greatest organized security market in the world, namely, the New York Stock Exchange. At the present time there are 27 stock exchanges in the United States and 5 in Canada. Based on the volume of business transacted, the Los Angeles Stock Exchange ranks 6th among them. This is attributable to the fact that strictly speaking Los Angeles has never been a stock exchange town, like some other large cities. Take for instance San Francisco, which supported one stock exchange from 1862 to .1882 and has since supported two. No city, by the way, should tolerate two stock exchanges at the same time. It is an economic folly and a senseless duplication that can be compared with rival telephone companies or competing street railway systems, paralleling each other's lines and always leads to trouble and confusion, and sooner or later one or the other falls by the wayside. While Los Angeles has had stock exchanges of one kind or another since 1896, none of them attracted much attention until 1899 when the present exchange was organized and it did not get well under way until along in 1906.

Jan 1, 1925

By Harry J. Evans

DURING the fury of the conflict it was believed quite generally that World War II was being fought for and would accomplish a permanent peace. Yet, before the guns were actually stilled on all fronts, the American people realized that the devastated world would continue to be dominated by suspicion and uncertainty. The misunderstandings which rapidly developed indicated that it may prove unwise to rely wholly on mutual international agreements and contracts to avoid war. Before the celebrations of V-Day died down serious thought was being given toward measures for preparedness for the next conflict. Along with a realization of the enormous loss of life caused by the destructive forces of war, the American people came to understand the seriousness of the rapid and unwarranted depletion of our natural resources. During the last half of 1945 the question of stock-piling strategic and critical raw materials for a future national emergency became an intensely live subject.

Jan 1, 1946

By L. H. Cole

Introduction The increasing importance of the gypsum industry in Canada is evidenced by the fact that the production has increased from 473,129 tons valued at $809,632 in 1909 to 1,205,846 tons valued at $3,622,007 in 1928, an increase of over 155 percent in quantity, and of 347 percent in value, in the 20-year period. Although the export trade in crude gypsum still forms a large proportion of the industry, it is gratifying to see that the home consumption is steadily increasing, and while the percentage of the crude gypsum mined that is manufactured into the calcined products in the country is only 16.8 per cent, its value is practically 50 per cent of the total gypsum production of the whole country. It is to be hoped that each succeeding year will see an increase in the amount manufactured in Canada, and, with the steady growth of the country and a serious endeavour to capture a part at least of the world market in gypsum products, the outlook for the industry is decidedly promising. The value of gypsum as a commercial commodity has been known from the time of the early Egyptians; in fact its value for certain purposes has been known so long chat the date of the discovery of its peculiar properties is unrecorded.

Jan 1, 1930

By John Austin, Graham Pingram

The idea of GOLD 100, an international conference on gold, was first conceived by Mr Les Haughton of Mintek in mid 1984. By the beginning of 1985, plans were well advanced to hold what was to be the most comprehensive conference on gold ever organized. Appropriately, GOLD 100 was timed to coincide with the celebration of Johannesburg's centenary. Leaching The South African Institute of Mining and Metallurgy will hold a two-day colloquium on the topic of leaching on 8th and 9th November, 1988, with the objective of bringing the latest developments in leaching technology to the attention of the mineral-processing industry.

Jan 1, 1988

By Fergusson E.

An account is given of the history and operation of the Straits Tin market and the Penang price. The procedure by which the official ruling tin price is determined is presented and the way in which bids are treated is outlined: the price declared in Penang is the result of a joint operation by the two Malaysian smelters and is arrived at by finding the highest price at which the whole of the day's offerings for sale can be sold, thus reflecting the marriage of the offerings of the individual mine producers with the demand for Straits Tin from the consuming countries of the world. A system of accurate weighing, sampling and assaying of concentrates delivered to the smelters' premises enables the various ore-buying agencies of the two smelters to notify their central offices promptly of the estimated tin content of the concentrates their customers wish to price that day, so that by 11.00 a.m. both smelters will have exchanged with each other figures giving the total quantity of metal they have for inclusion in the day's market, at the same time exchanging particulars of the bids they have received. Miners are encouraged to sell regularly for cash and an evenness is thus achieved which avoids large daily fluctuations in overall quantity.

Dec 30, 1971

By Zoë Mullard

The introduction of Web 2.0 platforms (also referred to as social media), with their architectures of participation, has ushered in a new era of technological interaction and information exchange that is changing the nature of corporate-community communications. Web 2.0 platforms give users the ability to generate data collaboratively, meaning that more stakeholders maintain the expectation of being able to contribute to online dialogue. In light of these changes, it is important for business to consider how social media can be used strategically to enhance stakeholder relationships and increase business efficiencies. This article provides three case studies of how different stakeholders in the mining industry are strategically using Web 2.0 platforms to communicate with target audiences. The case studies are based on the experience of respondents and from website observations, which were undertaken as part of a thesis research project by the first author (Mullard, 2010), focusing on the application of social media in the mining industry.

Jan 1, 2011

By A J. Broome

Since 2003, there has been an unprecedented growth in the demand for engineering, technical and project services in the mineral industries. This demand for services became evident in Australia earlier than many other markets and has since spread globally. This growth has created significant issues for the strategic direction and planning by the service provider. Such strategic questions include:- how fast to grow, how to recruit, train and integrate new staff, what market sectors to service, the selection of targeted customer sectors and managing strategic growth with short term demands and commercial reality. These factors are discussed using in depth experiences and examples that illustrate these strategic approaches. The relevance of this new industry environment to New Zealand services will be highly discussed.

Jan 1, 2007

By V. Montaruli, A. Nieto, M. Cardu

Nickel is a metal whose workability and mechanical strength at high temperatures and in corrosive environments makes it an indispensable alloying element for the realization of stainless steel, specialty steel, super-alloys, rechargeable batteries and electroplating. Because its main fields of application are key to the development of industry and, thus, to society, nickel has recently been recognized as a potentially critical mineral, despite its abundant reserves. The purpose of this paper is the creation of possible case scenarios determined by factors and events that, in the medium to long term, could change the current structure of the nickel market on the demand and/or the supply side. Four scenarios have been determined by considering a demand variation due to the occurrence of a natural disaster and an aerospace plan implementation and taking into account the resource nationalism and the skills shortage as supply varying factors. Through the creation of a georeferenced global nickel database, the paper proposes supply strategies related to the four scenarios for each top nickel consumer: China, India, European Union, United States and Japan.

Jan 1, 2013

By G. S. Hume

THE Plains of east-central Alberta herein described embrace an area from Viking east to the Saskatchewan boundary and from North Saskatchewan river south to Coronation and Monitor (Figure 1). By far the greater part of this area is deeply drift-covered, and .outcrops of bedrock are relatively few and often widely separated. Within the area there are large morainal hills and others of considerable extent that superficially have all the characters of morainal hills but contain a core of bedrock. These latter, then, were hills when the ice sheet traversed the country and only have been modified by glacial agencies. In many places on them, the drift is but a thin veneer, as is certainly the case in part of the Neutral hills (Figure 2) northeast of Coronation and north of Monitor. In other cases, however, as in the Blackfoot hills, southwest of Lloydminster, the drift is sufficiently thick to conceal practically all the bedrock and in many places no information is available as to whether a bedrock core, representing a pre-glacial hill, is present. There is no question, however, that the larger river valleys, as for example those of the North Saskatchewan and Battle rivers, are in part at least pre-glacial. Proof of this can be demonstrated in many places, because obviously the valleys must have been present in pre-glacial times to allow glacial deposits to have accumulated in them. It is also known that inter-glacial deposits occur. At one locality in Battle River valley, in sec. 30, tp. 45, range 2, west of the 4th mer., the following section occurs( l ): 15 feet of boulder clay with granite and other boulders. 56 feet of stratified sands, clays, and gravels containing pebbles of Precambrian rocks and fresh-water shells. From this it is apparent that the 56 feet of stratified sands, clays, and gravels must have derived their Precambrian pebbles from a previous glaciation of which the overlying boulder clay represents another ice advance in this area. Thus, although the river valleys contain glacial and interglacial deposits, they have not been filled by them to such an extent that the drainage has been diverted, and in many places, especially in the case of Battle river and some smaller streams, the size of the valley is altogether out of proportion to the size of the stream it now contains.

Jan 1, 1937

By S. E. Sankey

High anionic functionality acrylamide co-polymers and poly(sodium acrylate) are used as red mud flocculants in bauxite processing operations. These synthetic polymers are effectively displacing starch as the dominant polymer in red mud settling. The performance of these polymers is primarily dependent on the bauxite mineralogy, the alkalinity of the red mud slurry, and the anionic functionality and molecular size (viscosity) of the polymer. In this paper, the physical and chemical properties of the synthetic watersoluble polymers will be reviewed. The relationship between polymer structure and red mud slurry properties as they control polymer performance in settling red muds common to digester and washer circuits will be illustrated. The availability of polymers of varying functionality and viscosity will permit bauxite processors to make significant improvements in the economics of red mud disposal and valuable reagent recovery.

Jan 1, 1982

By Manfred G. Raschke

INTRODUCTION In the past decade, the international coal trade has been undergoing a period of gradual change. This change will continue through the remainder of this century until by the year 2000 the international coal industry will look very different from the industry which existed in the early 1970's. The industry which will emerge from the thirty year period of change (1970-2000) will be different in many ways. -The volumes of coal transported will be much larger. - The primary type of coal traded will be steam coal rather than metallurgical coal. - A much broader group of countries will be participating in the trade both as suppliers and as consumers. - The trade will be dominated by a relatively small number of large producing and trading companies. - The coal mined for international shipment will be primarily surface- mined. – The United States will play a decreasingly important role in international coal trade. In the course of this paper I propose to address three questions which are crucial to the formulation of an understanding of the changes outlined above : (1) Which supplier nations will be most successful in the international metallurgical and steam coal trade in the next decade and a half? (2) What emerging trends will shape the international coal trade in the 1980's and 19901s? (3) Where are U.S. producers likely to fit in this scheme of things? As a background to my remarks, I should note that what follows is based on five years of work in a consulting capacity on coal supply and demand issues worldwide. Although in the course of this work I have had occasion to develop mining and transportation cost figures for all of the countries discussed below--both my own and those obtained from coal producers--it is apparent that success in the marketplace can be determined in some instances by considerations other than costs. Nevertheless, my comments today about international competitiveness will be dominated by cost considerations; there are, after all, not many markets that reward the high-cost producer with success. Let us begin by establishing some criteria for success in the international coal market and then compare some of the producer nations to some of these criteria. The criteria are: - Low delivered cost, - Good quality coal, - The producer's partnership in a joint mining venture with an importer or a consumer of coal, - The producer's international business orientation and commitment to penetrating the market, - The producer's reliability as a supplier, and - Political pressure exerted by the producing country on consumers.

Jan 1, 1986

By A. J. Goodman

Introduction The position of Turner Valley in the foothills of Alberta, some thirty-five miles southwest of Calgary, is too well known to need further description. This attempt to interpret in detail the nature of the structure, and its relationship to neighbouring structures, together with general observations on the foothills belt, is based on work carried out in the office of the Supervisory Mining Engineer, at Calgary. The object in view was the correlation of the mass of evidence which had accumulated from the detailed examination of drill cuttings, and to discover, if possible, its structural significance. Unfortunately it is not possible to publish most of this detail owing to its confidential nature, and in consequence the reader is asked to accept certain statements, which under other circumstances would not be made without supporting evidence. The main argument for the general structural interpretation rests on evidence which has already been made public, and it is possible to proceed to logical conclusions on the main points. The evolution of ideas concerning the structure of Turner Valley is somewhat difficult to follow, as, compared with all that has been said on the subject, there is not a great deal on record.

Jan 1, 1930

By Edward J. Adams

In recent years, there has been a shortage of individuals trained in the technical skills entering the mining industry. The university and industry, both indicating their concern, have joined efforts in an attempt to do something about this situation. An example of such an effort is the Pennsylvania State University's Student-Trainee Program in Mining Engineering, now in Its third year. The program is a five-year plan in which six months of schooling and six months of on-the-job training are alternated, climaxed by the student trainee earning a Bachelor of Science Degree in Mining Engineering plus two years of practical experience. The student trainee accepts the work-study plan as a satisfactory method of receiving a thorough education and preparing fog a career in the mining industry. Inasmuch as the work and study-periods are alternated, the trainee has an opportunity' to integrate his practical experience with his academic knowledge. He receives a chance to observe others perform she duties of the profession he is preparing to pursue, and he regards this as an essential part of any such cooperative effort. Even though there are some disadvantages, the trainee feels that the advantages of the program are definitely more decisive.

Jan 1, 1963

By M Saghaeian, V Sheikhzadeh, R Hejazi

Mining dilution is one of the most important factors affecting the economy of mining projects. Instead of quantifying dilution in mining studies, it is common to assume a general dilution such as 5 per cent for massive deposits. Dilution increases the operating costs in the plant by increasing the tonnage of material to be milled. It prolongs the mine life by reducing plant’s effective capacity. It also reduces the feed grade. In most cases, lower feed grade means lower plant recovery. Dilution also increases the cut-off grade, which in turn reduces the overall ore utilisation of a mine. In this study has been investigated applying pre-concentration by dry magnetic separation for decreasing of dilution impact on reserve estimation and open pit design in low-grade iron ore mine. Based on the preliminary open pit design and assumption 3 per cent as dilution factor, the mineable ore in life-of-mine (measured + indicated) has been estimated with Fe = 25 per cent, SiO2 = 49.7 per cent. Based on the experimental test work on the ore, by dry low intensity magnetic separation of dry HPGR product grinding circuit, it is possible to remove diluted waste material and liberated gangue before concentrate plant, so that around 34 per cent rejected and Fe grade increase from 25 per cent to 33 per cent and by weight recovery 66 per cent. The results of the test work showed that this methodology could decrease largely the impact of dilution in the feed to the plant. It also slightly effect on the reducing of dilution factor impact for open pit design and optimisation and leads to increase the mineable tonnage in the low-grade magnetite iron ore mine.

Aug 24, 2022

By S. Tuylu, D. Adiguzel, A. Bascetin

"In recent years the fact that mining tailings cause serious environmental problems resulted in increasing number of studies about their disposal, storage and usability in various areas. Therefore the new studies about using the tailings for some purposes such as using in shotcrete or producing concrete have been increasing recently. The study is focused on applicability of tailings for producing shotcrete. Under this scope it is considered that mining tailings can bring many advantages in case of that they are used instead of sand, silt or fine aggregate in shotcrete applications. Most important advantages can be listed as decreasing shotcrete cost, decreasing amount if mining tailings to be disposed and the contribution to be provided on sustainable production of sources. The main objective of this study is the investigation of using mine tailing instead of fine aggregate in shotcrete. In this study, 10 shotcrete designs in different proportions were formed, and properties of the mixtures were identified. Then, the experimental results were statistically analyzed, the effects of the amount of the tailing material used on shotcrete properties were presented, and empirical approaches that can be used for the estimation of these properties were developed. INTRODUCTION The disposal of high amount mine tailing on the surface is caused a lot of problems in terms of environmental impact. Unfortunately, it is known that classic disposal techniques such as tailing dam cannot provide a solution these problems. The tailing dams which are usually used in the disposal of mining tailings bring along many problems in terms of cost, environment, and human health. So mine tailings are used in different production such as shotcrete. This technique is becoming increasingly common during recent years. The usability of mine tailings in brick and concrete production instead of cement and fine aggregate has been studied by many studies [1-4]. This situation has been promising for the usability of tailings in shotcrete which is commonly used for ground support especially in tunnels. Shotcrete (sprayed concrete) is applied mainly for construction of tunnels, shafts, renovation works and strengthening of slopes. Main advantage of shotcrete is fast development of strength, which quickly ensures stability of strengthened structure [5]. Shotcrete can be defined as spraying the grout consisting of water, aggregate, cement and optional additive mixture on the desired surface with a compressed air. According to the definition of the American Concrete Institute (ACI), it is the spraying of sprayed grout or concrete on a surface at high speed with air pressure [6]. In recent years, the use of shotcrete for the support of underground excavations is decreased in the mining industry. The design of shotcrete support for underground excavations is a very imprecise process. Strength and pumpability properties of shotcrete are very significant for determining suitable shotcrete design. Flow characteristics of the shotcrete must be determined for pumpability and fluidity of the material."

Jan 1, 2017

By W. A. Bell

The Carboniferous system of rocks in the Maritime Provinces include as workable mineral and organic substances, gypsum, anhydrite, salt, coal, building stones, grindstones, limestones, brick-clay shales, fire-clay shales, oil shales, etc. The system is, therefore, pre-eminently of economic value to the provinces in which it occurs, and the more knowledge we may gain concerning it, the more we may be prepared to aid in the development of these useful substances. For this purpose it is not sufficient to state that the ground upon which we stand is underlain by Carboniferous rocks. In-discriminate digging or drilling will not open many new mines of wealth, however difficult it may be to dampen the optimism of gamblers. For mineral wealth has not been scattered in the rocks haphazard, now here, now there, but its distribution has been the result of natural earth forces acting at intervals throughout the countless millions of years that have elapsed since our planet was born. As regards the majority of metalliferous deposits, the earth forces involved have resulted in the penetration of surface or sub-surface rocks by molten rock-matter and associated mineral solutions from deep-seated sources. But the economic Carboniferous deposits that have been mentioned are themselves types of bedded surface rocks rather than immigrant deposits, and their formation and geological history is closely related to that of the rocks with which they are interbedded.

Jan 1, 1924

By T. A. Rickard

The use of the verb in this mood is not as common as formerly: at the time, for' example, when the Bible was translated and the plays of Shakespeare were written. Nevertheless it is an essential part of literary English. In editing the `Mining and Scientific Press' I do not insist upon the use of the subjunctive in articles that are contributed from the outside, but it is deemed proper in all our editorial writing. To speak plainly, the subjunctive is I a mark of scholarship; it is ignored by those that are not particular in such matters, and unfortunately it is a source of perplexity to many that are entirely unfamiliar with the use of it. Therefore, as an editor, I think it well to allow the indicative mood to be used by contributors in sentences in which, to be strictly correct, the verbs .should be in the subjunctive mood. The fact that most subjunctives are indistinguishable in form from indicatives is another cause of trouble to the uninitiated.* For example, the verbs in such phrases as "Suffice it to say ", "So help me God ", and "God save the King" Fare in the subjunctive. One reason why the subjunctive is becoming uncommon is the growing habit of expressing the subjunctive meaning by aid of auxiliary verbs that are coupled with the infinitive; thus: "It will suffice' to say" and "May God save the King". The subjunctive is common in subordinate clauses, and that is how it obtained its name, `subjunctive', meaning * The student is referred to `A New English Grammar', by E. A. Sonnenschein, published by the Clarendon Press, Oxford. This textbook (see pp. 60-71 in Part III) discusses the subject luminously.

Jan 1, 1931

By Sydney C. Mifflen

COAL MINING, with its some 15,000 employees, is directly responsible for the livelihood of one-fifth of the population of the Province of Nova Scotia and indirectly so for that of possibly another fifth. Deposits of coal are known and worked in four counties of the Province, from which is being produced yearly tonnages as noted below: Cumberland County 750,000 tons Piccou County 400,000 tons Inverness County 100,000 tons Cape Breton County 5,250,000 tons TOTAL FOR NOVA SCOTIA 6,500,000 tons Production in Cape Breton county is entirely from the one source, the Sydney coalfield, and not only is this field the most important in respect to output, as is disclosed above, but it is also the largest presently known deposit in the Province and holds the greatest tonnage yet in reserve for future mining. In the light of the above more or less generally known facts, it is trite to remark on the importance of the Sydney coalfield in the internal economy of the Province. On the other hand, not nearly as well-known nor as frankly recognized is its significance in the national life of Canada, for from this field is produced not only 80 per cent of the Nova Scotia coal but over 40 per cent of all coal mined in the Dominion. Another noteworthy comparison can be made from the fact that the Sydney field contributes 22 per cent of all the bituminous coal consumed in Canada, the remainder being made up of 7 per cent mined elsewhere in Nova Scotia, 27 per cent from other parts of Canada (British Columbia and Alberta, principally), while the remaining 44 per cent is imported, practically wholly, from the United States of America.

Jan 1, 1941

By Ralph Wilcox

THE diamond drilling of certain characters of unstable rock forma-tion, as, for example, the copper-bearing schists of the Miami district in Arizona, is rendered most difficult by what is known as " caving" of the sides of the drill holes. As this caving is very greatly increased by the action of flowing water, it occurred to me, after experiencing a great deal of difficulty with caving in diamond-drill holes which I was drilling for the Miami Copper Co., that if I could substitute air for water, much of the caving-with resultant difficulties, such as decreased speed of sinking and increased consumption. of diamonds-would be overcome. After some experimenting, I found that it was perfectly practicable to substitute air for the water; forcing the air down the hollow rotating rods in the same manner as is done with water, the air passing out around the bit, which is thus cooled, and ascending on the outside of the rods to the collar of the hole, carrying the borings in just as satisfactory a manner as had been done by the water, but without the accompanying destruction or caving of the sides of the drill holes such as had been so generally experienced with the water. When water was encountered in the drilling this water was forced up to the collar just as it would have been had water been used in the .drilling, but with the correspondingly decreased flow there was relatively less washing or caving of the sides of the drill holes. The only change necessary in the arrangement of the drill is that a cross instead of a tee is used at the collar of the hole. A tightly woven jute bag is attached to one arm of the cross, for collecting and filtering the sample; and when drilling in dry ground a jet of water is attached to the opposite arm of the cross, to collect the dust and wash down the sample into the bag. The rods rotate through a stuffing box attached to the upper opening of the cross. The distention of the jute bag by the issuing air indicates the operating conditions as sufficiently as did the flow of water when using water in the drill hole.

Jan 10, 1913

By C J. Pitzer

The prevention of fatal risks is a key objective for the global resources industry, especially considering poor performance with regard to fatality rate reduction and the continued occurrence of mine disasters globally. However, the industry has a credible history, over several decades, of the development and deployment management systems to control potential Serious Injury, Fatal and Catastrophic (P-SIFC) risks. While these systems have had a significant impact on the thinking and approaches to the prevention of fatal risks, fatal accident rates have not shown the desired reduction. Recent fatal and serious injury events in Australia have led to the establishment of several enquiries to further identify improvements that could be considered. Globally, fatal accident rates remain stubbornly high or plateaued in many jurisdictions, and several catastrophic events have occurred, such as tailing dams disasters in Brazil and South Africa, and the recent coalmine disaster in Turkey. Apart from the apparent lack of progress, it is evident that the deployment of critical risk systems has introduced more bureaucracy, slower response systems and additional burdens on already overloaded middle and supervisory levels of management. Organisations are rarely able to effectively tap into the risk source of risk knowledge of the frontline worker and supervisor, for various reasons discussed in this paper. To establish a valid and valuable channel of critical risk information flow from the frontline employee, Debmarine Namibia instigated the development and deployment of a system called SafeSENTRY, where the focus is on the ‘dynamic identification of dynamic risks’. This paper outlines the system, the principles of the design, the range of risk metrics that can be derived from the observations of the frontline operators, and demonstrates how a range of posited shortcomings in critical risk management is addressed how features of the High Reliability Organization (HRO) have been developed.

Mar 29, 2023