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By David Fisk

Mining: Current Business Environment ? Commodity prices are high, but cyclic ? Increasing global competition ? Equipment costs remain high ? Maintenance costs continue to increase ? Aging experts with ?tribal knowledge? are leaving/retiring ? High metal prices multiplies theimpact of downtime on production and profitability

May 1, 2008

By W. A. STERLING

IN the opencut iron mines of the Mesabi Range in Minnesota, the trend in mining is in the development of mining equipment and mining methods which will move surface overburden and ore-bearing materials with less labor and at a cheaper cost. This is a must for most of the independent operators. Their reserves of direct-shipping ore are extremely small and their operations are being conducted in small, or intermediate pits, with a high stripping ratio in the outer fringes, or shore lines of older pits. and in ore bodies passing from direct shipping to the washing and the intermediate, or retreat ore state. The trend is toward deeper stripping, longer and steeper hauls, and the necessity of moving a total of from three to five or six tons of overburden and ore material for each ton of shipping-grade ore produced. This naturally calls for greater production, with larger shovels, or draglines. cheaper drilling and blasting costs through the drilling of larger-diameter blastholes, and cheaper haulage through the use of trucks of larger capacity and more extensive use of belt-conveyor systems. This trend is notable both in stripping and mining.

Jan 1, 1948

By Dennis Asmussen

The peatlands of the U.S. and Canadian parts of the Upper Great Lakes region have a long history of modest utilization in agriculture, forestry, horticulture, and as natural undisturbed areas. Only recently have they been assessed as potential sources of non-renewable or renewable energy. This new interest in peatlands, should current proposals be realized, might mean the commitment of millions of acres to energy production purposes. The magnitude alone of this potential utilization of peatland signals the possibility of substantial environmental disturbance, local resource shortages, resource use conflicts, and social and economic change. Peat- land resource managers in the region are just beginning to weigh the advantages and disadvantages of large-scale peatland utilization. The Minnesota Department of Natural Resources has made a considerable effort to study peat resource management issues and will shortly make recommendations to the state legislature regarding utilization alternatives. What follows is a general discussion of peatland utilization and management trends in the region with a focus on Minnesota and its peatland management efforts.

Jan 1, 1980

By Claus G. Goetzel

POWDER metallurgy is known as the art of producing metal powders and fabricating them in a nonfusion process by a simultaneous or consecutive application of pressure and heat under controlled operating conditions. Before the advent of powder metallurgy, the high melting points of the refractory metals and nonmetals made their manufacture and use practically impossible. Today, however, the uses of refractory materials in high-speed cutting tools, surgical instruments, brake linings, electrical contact switches, and filaments in incandescent lamps are commonplace in industry. Lately designers have even been turning to powder metallurgists to develop new techniques of fabricating refractory materials for extreme-service use in high-temperature zones of such modern products as gas turbines and jet engines. The new techniques being born will undoubtedly provide industry with a great number of new alloys and materials for future designing.

Jan 1, 1948

By H. B. Comstock

This paper reviews the trends in supply and consumption of the principal magnesium compounds in the United States in relation to domestic requirements and world resources. The data are confined to these principal magnesium compounds: Magnesium chloride, magnesium hydroxide, precipitated magnesium carbonate, and magnesium oxide (commonly referred to as magnesia). The properties and uses of magnesium compounds are shown in various chapters of' the 2nd edition of Industrial Minerals end Rocks. 3/ The third edition of this reference is in preparation. A more recent description of properties, uses and sources of magnesium compounds appears in a Bureau of Mines publication.4/ The American Iron and Steel Institute and the Refractories Institute have published comprehensive data on the properties and uses of basic refractories. Many magnesium compounds are prepared by the producers to meet specifications set by individual consumers.

Jan 1, 1960

By T. Tholana, P. N. Neingo

"Mining companies globally are currently facing severe economic and financial challenges. In addition to global challenges, the South African mining industry has to face other operational challenges that are unique to the country and which threaten the survival and competitiveness of the industry. Profit margins are being squeezed by rising costs and decreasing commodity prices, while labour productivity is greatly affected by intermittent labour unrest. This paper analyses how the South African gold mining industry has performed pre-, during, and post the global financial crisis of 2008. The competitiveness of the industry in terms of labour productivity and industry cost curve position is analysed for the period 2006–2013 to assess the impacts of both the global financial crisis and labour unrest. An analysis of the South African gold mining industry is presented at company as well as mine level. Productivity measure in this paper is limited to labour productivity, in line with limited reporting on productivity. All the data analysed was obtained from the public domain. IntroductionSouth Africa dominated the world as the number one gold producer until 2009 when China took that position, and today South Africa ranks fifth after China, Australia, Russia, and the USA. According to Statistics South Africa (2009), South Africa still had about 30 years of production in the gold sector, a forecast that fluctuates based on the day’s modifying factors. Although South Africa has a comparative advantage in terms of minerals endowment, there are challenges faced by the mining industry that hinder translation of the comparative advantage into a competitive advantage. The industry continually seeks to address these challenges to remain competitive in global markets while addressing national and community needs.Neingo and Cawood (2014) argued that stakeholders in mining are continually concerned with mine management’s ability to translate use inputs effectively into quality outputs. They further suggested close monitoring of effective utilization of people, materials, and money to obtain maximum production of commodities under given conditions. Productivity is measured in various ways, including unit cost, output per employee, and output per unit capital equipment"

Jan 1, 2016

By H. Marshall Farrier

In the past few years the world petroleum industry has increasingly felt the weight of changes in the principal economic factors affecting pro¬fits. As a result of, these changes, it has been necessary for many oil companies to acquire certain new facilities in order to strengthen their competitive positions and thereby protect their tremendous investments in crude oil reserves, pipe line facilities, refining operations, and marketing outlets. Principally these needs have been met by new capital outlays. A supplementary, method of acquiring needed facilities, however, has been to obtain existing facilities through complete or partial acquisition of other companies.' properties. It is this method of meeting competitive pressures with which this paper is concerned. This paper presents a statistical breakdown of the mergers and acquisitions which occurred in the oil industry between January 1, 1954, and October 1, 1959, showing the frequency' with which certain types of properties were acquired in each of the years studied. In addition, it discusses the principal economic conditions which stimulated many of these property trans¬fers, comments on the effects of these mergers on the consuming public, and indicates the types of, mergers and the rate at which they may be expected during the next three or four years. The basic data upon which the statistical analysis presented in this paper is based were taken from several published sources. Obviously they are somewhat incomplete because not all mergers and acquisitions were reported However;, a careful search was conducted through, The Wall Street, Journal, The Oil and Gas Journal, Potroleum Week, and The Oil Daily with the result that the data should be reasonably complete and comparable for each of the years studied, It is believed, therefore, that the statistical analysis which' follows provides a reasonably accurate indication of the general trend in mergers and acquisitions during the period studied.

Jan 1, 1960

By Richard S. Smith

THAT management and purchasing have developed a more closely-knit working relationship is evidenced by the fact that more and more companies are appointing the heads of their purchasing departments to the position of vice president. This is concrete and dramatic indication that management is utilizing the knowledge and experience gained in this department and working with it at the policy-making level. When the engineering department is at the planning stage of a project, the purchasing department is being asked to sit in on the preliminary discussions . . .today. One result of this cooperation is that drawings and plans will reflect the current situation on material availability and another is that standardization will be incorporated in new construction and equipment.

Jan 1, 1958

By Charles W. Merrill

The price records of 7 representative mineral commodities for the 68-year period 1890 through 1957 have been compiled and analyzed for significant trends. When reduced to real prices in terms of dollars of constant purchasing power or to the purchasing power of industrial wages at average rates, a substantial overall fall in prices is revealed. This downtrend contradicts the widely held concept that, heavy drafts on a mineral resource must lead to scarcity, reflected in rising prices. Three metals (aluminum, copper, and pig iron), two fuels (bituminous coal and petroleum)', and two nonmetals (sulfur and cement) have been chosen because of their preeminence in their respective categories, their significance in an industrial economy, and the ready availability of their price records. It might be added that these seven commodities. were selected before any price figures were compiled, none was selected or rejected to substantiate any preconceived notions as to price trends, The overall importance of the seven is demonstrated by the fact that, taken together, they composed over three-fourths of the value of all minerals produced in the United States in 1957. The first step in the analysis was to reduce the price records to a basis for significant comparisons, Two such comparisons have been made: (1) The quantities of each of the commodities that could have been purchased for an average hour's wage in each year; and (2) the unit price of each commodity through hhe years in terms of deflated dollars. These data are set forth in the accompanying table and two charts.

Jan 1, 1959

By L Clarkson, D Williams, P Redcliffe, F van der Wal

This research presents a snapshot and insight into the trends, patterns, and common considerations identified in the current standing of real-time tailings dam monitoring practice. Based primarily on information derived from concurrent research by the author (in form of a Catalogue of Real-time Instrumentation and Monitoring Techniques for Tailings Dams), challenges and opportunities when transitioning to a real-time monitoring system are discussed. Learnings and key considerations between different monitoring approaches are explored, including themes of limitations and advantages that were observed consistently through global supplier feedback.

Jul 1, 2021

By J. E. Allen

The trend in refractory technology for the copper and nickel industries has been to higher quality raw materials and improved processing technology. These changes have been dictated by the changes in pyrometallurgical processes in these industries. For example the introduction of flash smelting, reaction type smelting and auxiliary slag cleaning furnaces havedemanded better refractories materials. Extensive field applications and improved laboratory testing procedures have helped make this transition possible. Changes in refractory technology, primarily in basic refractories, are followed from the late fifties to the present and into the future.

Jan 1, 1994

By Anson Hayes

FOR the purpose of the following discussion the word "research" is interpreted as including all phases of development work on methods of manufacture, metallurgical characteristics, and uses of iron and steel. Research in the iron and steel industry then includes both plant re- search and laboratory research. Since iron and steel came into being, the steel consumer's plant and the steel producer's plant have been important factors in the development of the steel industry. Good minds have always been associated with both consumer and producer plants, so marked progress was made in the industry even when these were the only types of research and development groups in action.

Jan 1, 1937

By Suresh K. Bhatt, Dennis R. Dolinar

The roof bolt system of a mine, if properly selected and installed, can allow for better roof control and reduce the potential for roof falls. Because of this potential to reduce roof falls and improve ground control conditions, the National Institute for Occupational Safety and Health (NIOSH) has an interest in the types of roof bolts that are used by the coal industry. Further, NIOSH has conducted research into how various support parameters can affect the number of roof falls that occur, including support type. Today, the five main types of roof bolts installed in U.S. coal mines are mechanical anchor bolts, point-anchor or resin-assisted mechanical anchor bolts, torque-tension bolts, combination bolts, and fully grouted resin rebar. This paper describes each support in detail. Because of the importance of resin in the functioning of the majority of bolts installed, resin grouts are also discussed. Further, trends in the types of roof bolts used are reviewed. Over the last 10 years, the significant trend has been the large reduction in the relative number of mechanical anchor bolts that are installed. These bolts have been replaced mainly by the resin-grouted rebar system. Data are also presented to show the impact of these changes in bolting on the number of roof falls.

Jan 10, 2000

By J. B. Offei, K. Awuah-Offei

Mining companies registered with the SEC were required to comply with Regulation S-K 1300 for their annual report covering the first fiscal year ending on or after January 1, 2021. Consequently, most mining registrants filed their first S-K 1300 compliant disclosures in 2022. The US Securities & Exchange Commission (SEC), as part of its disclosure review program, has been issuing comment letters in response to these filings. This paper presents an overview of the trends in these comment letters. The authors reviewed comment letters retrieved from the SEC’s EDGAR database based on Standard Industrial Classification (SIC) Codes that cover mining, the content of the comment letter (whether it references S-K 1300 or not), the names of SEC staff listed in the comment letters, and other criteria. The analysis shows the SEC staff's reviews have been comprehensive covering the breadth of S-K 1300 and eliciting compliance with the rule. The staff through their comments are eliciting all the disclosures required by S-K 1300 and are not allowing registrants to substitute disclosures based on other standards for S-K 1300 disclosures. It is important, however, not to over generalize as the comments are based on the particular context.

Feb 1, 2023

By M. J. Laurila

The concentration of low grade iron ores to pellets or sinter fines suitable for blast furnace feed or direct reduction is highly energy intensive and costly in terns of both size reduction and separatory processes. Large equipment with high throughputs are required to make the fine grinds and multi-stage separations economical. Control of these circuits is essential to producing a high grade product. As a result, iron ore concentrators possess some of the more sophisticated instrumentation for process control in the mineral dressing industry. These instruments must characterize flowstreams of up to 8,000 gpm where 80% of the particles are less than 50 µm. The past decade has been one where enormous strides have been made in automated control of iron ore plants. This paper reviews state-of- the-art control systems for crushing, grinding, magnetic separation, froth flotation and sizing/classifying circuits. Trends toward computerization and plant automation in response to a dismal outlook for North American steel production are also examined.

Jan 1, 1984

By Brian H. Kaye

Efficient design of grinding circuits for efficient production of ultrafine material requires rapid feedback of information concerning the fineness of material leaving the grinding device Generating this information requires efficient sampling and adequate rapid characterization of the material leaving the grinding machinery Recent developments in electrooptic inspection of dry and wet material leaving a grinding device are critically reviewed New methods for characterizing ultrafines are discussed A rapid operating automated cybernetic (intelligent) permeability device for automatic control of grinding circuits using Blaine Index and other fineness indices is described

Jan 1, 1983

By Brian H. Kaye

Efficient design of grinding circuits for efficient production of ultrafine material requires rapid feedback of information concerning the fineness of material leaving the grinding device. Generating this information requires efficient sampling and adequate rapid characterization of the material leaving the grinding machinery. Recent developments-in electrooptic inspection of dry end wet material leaving a grinding device are critically reviewed. New methods for characterizing ultrafines are discussed. A rapid operating automated cybernetic (intelligent) permeability device for automatic control of grinding circuits using Blaine index and other fineness indices is described.

Jan 1, 1983

By A. Bauer

This paper describes the trends in recent years in explosives formulated to produce larger blast-hole spacings and over-all lower drilling and blasting costs in hard formations. A consideration of current rotary drilling costs per ft of hole and per ton of muck versus hole diameter indicates that it is now possible that we shall see much further use of lower-energy-content, lower-cost slurries and dry mixes, and larger-diameter and, in many instances, cheaper blast holes. These will be drilled on current or slightly larger blast patterns to yield the same energy input per ton of rock and similar fragmentation at lower costs.

Jan 1, 1968

Trends in Test Filtration to Respond to Decreasing Sample Size There has been a steady decline in the quantity of samples available for testwork when developing new mining processes due to the maturing mining technology and the increasing costs of pilot testing. Larox, a supplier of filtration equipment and its co-operation partner Lappeenranta University of Technology (LUT) have been actively developing new equipment, testing methodologies and tools to plan test campaigns with the objective of being able to determine the optimum filtration technology and the parameters for sizing full scale equipment with a minimum sample size. With smaller sample sizes, the test scale diminishes from pilot scale to bench scale, and the small equipment size has implications for scale-up. Redesigning the equipment to simulate full scale equipment rather than to match filtration theory has led to some interesting developments. Comparisons between bench scale equipment and production units help identify the limitations of bench scale testing. The nature of filtration is such that it is unreliable to estimate filterability theoretically, and different testing methodologies have been investigated to be able to test the feasibility of filtration from samples as small as few grams. While not optimising the filtration technology, these methodologies provide an adequate level of accuracy for scoping studies. Together with improvements in equipment, a software tool has been developed to reduce the number of tests necessary to optimise filtration technology and parameters for sizing.

Sep 13, 2010

By Walter E. Heinrichs

Since World War II exploration geophysics has derived its scope from the following factors: first, the usual post-war interest in exploration to rebuild war-depleted reserves; second, the impetus supplied by the uranium prospecting boom; third, increased demand for natural resources due to the Korean War; fourth, the discovery of substantial metallic ore by geophysical means in Canada, the U. S., and other countries; and, finally, continuing discoveries of commercial oil by geophysical methods throughout the world. The past year's national business slump has severely curtailed mining exploration in general and correspondingly has brought about even greater reductions in applied geophysics in mining. Petroleum exploration, conceived and executed on a broader statistical basis than mining, has kept up its geophysical programs relatively well, although domestic work has been substantially reduced.

Jan 7, 1959