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By Hongli Wen, Guangkun Shen, Qiong Deng, Shoujian Huang, Min Gan, Xiaohui Fan

"Due to the low iron grade and high sulfur content, pyrite cinder is difficult to be directly used for iron-making. In this paper, technology of magnetic roasting -grinding and magnetic separation -acid leaching was put forward for reclamation of pyrite cinder. For pyrite cinder of TFe53.51%, S2.20 %, studies showed that good magnetic effect can be achieved at roasting temperature 650~7000, reducing atmosphere CO/(CO + C02) 10~20% and roasting time 10~30 minutes. In separation conditions of grinding size -0.045mm accounting for 96.09% and magnetic field intensity of 1240 GS, iron concentrate of TFe64.81 %, S0.18% and iron recovery rate 91.44% was achieved. Acid leaching was studied to strengthen desulfurization. Results showed that high-quality iron ore concentrate of TFe66.3 l %, S0.10% was obtained under the conditions of hydrochloric acid mass fraction of 5%, pulp density of30%, leaching temperature of70? and leaching time of2 hours.IntroductionPyrite cinder is produced as a by-product of sulfuric acid industry [1] Domestic production is more than 12 million tons every year and occupied area is over 10 million square meters [2,3]. The pyrite cinder outdoor not only pollutes air but also damages surrounding surface [4] It after treatment used for iron-making is an ideal reclamation approach for its rich iron which is commonly 40-60% [5]. But pyrite cinder gets low utilization for its low iron grade and high sulfur content in China [6]. Therefore, comprehensive utilization of pyrite cinder has profound significance to environmental protection and the development of domestic iron and steel industry."

Jan 1, 2013

By Takeshi Yoshikawa, Kazuki Morita, Kunitoshi Matsunaga

"In metallurgical grade silicon (MG-Si), most impurities mainly exist at the grain boundaries and distribute in silicon grains at extremely small contents. Grain boundary phases in MG-Si transform into liquid above the eutectic temperature, and migrate towards high temperature regions when heated under a temperature gradient. With the migration of all liquid phases in MG-Si to the surface, the impurity contents will be decreased less than their solubilities in principle.In the present work, the fundamental research was conducted to discuss the possibility for purification using the liquid phase migration technique. The purification limit was estimated by thermodynamic calculations, and metallic impurities were estimated to be effectively removed except for Fe and Al. The migration behavior of the liquid phase in the synthesized silicon substrate was investigated by unidirectional heating under infrared radiation at 1523-1548 K, and the proceeding of migration was confirmed. The migration velocity was 1.4--2.0xl0-7 mis, and found to be controlled by the liquid phase diffusion.IntroductionPhotovoltaic energy is one of promising energy resources in a sustainable society because of its inexhaustibility and cleanliness. Although the production and installation of solar cells have increased significantly during the last decade, the cost of solar cell installation is still high. To enable the widespread use of photovoltaics and for the photovoltaic electricity price to reach grid parity, a low-cost and abundant feedstock of solar grade silicon (SOG-Si) is essential. Recently, a modified Siemens process and a fluidized bed reactor process were developed to address the cost and energy issues associated with the conventional Siemens process. However, their cost reduction potential is limited because of the large energy consumption needed to convert silicon into gaseous compounds. Purification of silicon through metallurgical routes offers a promising way for producing SOG-Si from metallurgical grade silicon (MG-Si), because it enhances productivity and can also lower the process costs. Although several metallurgical processes such as directional solidification [l ], vacuum refining [2-4] and plasma oxidation [5-7], have been developed, processing times and refining efficiencies still have to be optimized."

Jan 1, 2013

By Willie M. NeSmith, W. Morgan NeSmith, Alan Roach

"In 2013, Augered Cast-in-Place (ACIP) piles are a mature foundation technology throughout the United States. General guidelines for the design and construction of ACIP piles are available along with numerous references for design in specific North American geologies. In fact, the current generation of contractors and geotechnical practitioners might view ACIP piles as just another deep foundation option to be considered, along with driven piles, drilled shafts and others. This acceptance has developed, however, over a 60-plus year period.The term, Augered Pressure-Grouted (APG) pile is often used when referring to ACIP piles because the piles emerged out of construction processes at the Intrusion-Prepakt firm in the late 1940s. The company’s specialty was pressure grouting and preplaced aggregate concrete. The grouting was typically accomplished by driving a pipe to a target level and then injecting grout under pressure. In some soil conditions, it was necessary to use an auger to reach the desired grouting depth. In these circumstances, the grout pipe was driven beside the auger and grout was pumped as the auger was withdrawn. The grout pipe was then withdrawn as well. This was the genesis of the APG, or ACIP pile, and many piles were installed using this technique. The patent application, “Method for Forming Piles” was filed by Raymond Patterson of Intrusion-Prepakt in 1951, and the patent was granted in 1956. The process was eventually modified when a suitable hollow-stem auger was developed. Licenses were granted to the Lee Turzillo Contracting Company and Berkel & Company Contractors, Inc. in the late 1950s. Each of the three companies Patent, LicensesThe patent application, “Method for Forming Piles” was filed by Raymond Patterson of Intrusion-Prepakt in 1951, and the patent was granted in 1956. The process was eventually modified when a suitable hollow-stem auger was developed. Licenses were granted to the Lee Turzillo Contracting Company and Berkel & Company Contractors, Inc. in the late 1950s. Each of the three companies coined their own terms for the piling process: “Pakt-In-Place” for Intrusion-Prepakt, “Auger Pressure-Grouted” for Berkel and “Augercast” for Turzillo. Over time, “Augercast” was frequently used as a generic term for the system. The installation of these piles was, and still is, a highly nuanced process; “contractor dependent” is a term often seen today. Intrusion-Prepakt, Berkel and Turzillo all had personnel who were part of the original group that developed the system and who appreciated the craftsmanship involved in forming sound piles."

Jan 1, 2013

By Shu Xinqian, Zhou Weining, Shan Zhiqiang, Feng Jifu

"Modified calcination conditions on the extraction of rubidium resources from muscovite (KAlz[AlSi301o](OH)2) ore are systematically studied. The impact of various factors on the rubidium leaching rate is also analyzed, including the agent types, roasting time, the mass ratio, roasting temperature, etc. The results indicate that the best agent is a combination of sodium chloride and calcium chloride, its mass ratio ofmuscovite/NaCl/CaClz is 1:0.25:0.25. Calcined at 8500 for 30 minutes, the rubidium leaching rate is up to 90%. The reaction of muscovite ore with the chlorinating agent CaC12 has been studied by TG/DSC, the calcined intermediates are identified by XRD, and the surface morphology before and after leaching is characterized by SEM. Rubidium chloride products can be obtained with a purity of 92% by using t-BAMBP extraction, hydrochloric acid reextraction and purification.IntroductionRubidium is one ofrare alkali metals, which is found in 1981 by German R.W. Bunsen and G.R. Kirchhof. Rubidium includes the following features: atomic number is 37, each atom weight 85, the body-centred cubic lattice, each unit cell has two metal atoms, and the density is 1.532g/cm3. The properties of low melting point (312.46 K) and malleability make rubidium have a strong chemical activity and photoemission. Rubidium provides a main material for manufacturing phototube with a wide range oflight waves, which possess high sensitivity and stability. Efforts are being made to carry out research on rubidium ion gngine, magnetic flux generators and thermoelectric transudcer, etc. Rubidium exists in muscovite ore(KA12[AlSh01o](OH)2 (monoclinic system and hexagonal layered structure) as isomorphism and replace the large radius of the potassium atoms, as well as part of rubidium locate between structure layers. The complex components bring great difficulty in comprehensive recycling."

Jan 1, 2013

By R. Bashir, J. F. Hatley

ABSTRACT Northern Saskatchewan boasts some of the world’s largest known high-grade uranium deposits. The successful mining of these deposits cannot be accomplished without overcoming technical challenges, however, which include high grade of the uranium ore, specialized mining methods to deal with groundwater at high pressures, and poor ground conditions. This paper discusses the various mechanisms of inflows at three of Cameco Corporation’s sites in northern Saskatchewan. The risk of inflows is quantified in terms of unique challenges due to hydrogeological conditions, rock mass integrity, and uncertainty in geological conditions. Strategies in the case of an inflow are also briefly described.

Jan 1, 2013

By Xinhua Wang, Xuefeng Liu, Die Yang, Lifeng Zhang, Wen Yang

"CSP thin slab continuous casters are well used in recent years. The control of heat transfer in the mold is very important because it is correlated with several slab defects. The mean heat flux of CSP mold was studied based on the plant production data of LCAK steel and weathering steel. The effect of various operation conditions on the heat flux was analyzed and discussed. The results showed that the heat flux was 2.1-2.6 MW/m2 on the wide face and 1.2-2.2 MW/m2 on the narrow face for the casting of LCAK steels. During the casting of weathering steel, the heat flus was mostly 2.05-2.5 MW/m2 on the wide face and was 1.1-1.8 MW/m2 on the narrow face. The heat flux depended largely on the casting speed. The heat flux on the wide face increased obviously with increasing casting speed when the casting speed was relatively low; however, at high speed, the heat flux increased slowly or kept constant. At low casting speed, the heat flux depended little on the superheat of the molten steel. The mean heat flux depended little on the level fluctuation at continuous casting mold.IntroductionCSP thin slab continuous casters are used more frequently in recent years for its low cost of construction and manufacturing. The structure of CSP mold is very different from that of conventional thick slab casting mold, inducing the difference of heat flux between them. There have been some studies about the heat flux of thick and medium slab casters [l, 2]. Heat transfer in the mold is very important for the solidification of molten steel because it is correlated with several slab defects such as slab break-out, longitudinal crack, and surface depression. Moreover, higher casting speed is desired to improve the productivity. The control of solidified shell is extremely important. The heat flux is largely influenced by several casting parameters such as the cooling intensity of the mold, the casting speed[3], the mold flux powder [3, 4] and the carbon content of steel as well [5]. The investigation on the heat flux and affecting parameters can help to understand the solidification of molten steel in the mold."

Jan 1, 2013

By John MacDonald

An unstable economy has shown businesses what the mining industry has known for decades ? a successful business location today may not succeed in the future. Unexpected expenses, natural events and workforce changes have a big impact on the costs of production. To help focus production and maintenance budgets, mining executives are increasingly turning to production metrics to make key decisions. Role of mine and mill data Companies employ a variety of information systems to allow employees to accomplish their operational tasks, and each worker is focused on the metrics, or key performance indicators (KPI), for his or her individual function. For example, machine operators monitor throughput and cycle time to keep the machines running continuously and to meet daily production quotas. Meanwhile, the maintenance teams monitor machine performance, overall equipment effectiveness (OEE) and meantime between failure to predict and help prevent downtime.

Jan 1, 2013

By Zhang Libo, Peng Jinhui, Zhang Zhengfu, Fu Mengbi, Han Yamei

In this paper, results of a novel synthesis method of carbon-coated LiNi113Mn113Co11302 cathode material for lithium-ion battery are reported. The carbon coating was produced from a precursor, glucose, by microwave-pyrolysis method. The structure, morphology and electrochemical performance of the bare and carbon-coated LiNi113Mn113Co11302 were characterized by X-ray diffraction, scanning electron microscopy and charge-discharge tests respectively. The L8(27) orthogonal experiments were carried out to optimize LiNi113Co113Mn1130z/C technological conditions. The conditions of the orthogonal experiments were that the glucose content were 1.5 % and 4 %, the holding time were 15min and 30min, the heating temperature were 400 °C and 500 °C and the solvent were H20 and CH3CH20H. The main experiment target include specific capacity at 0.1C and 0.2C, Capacity retention rate, medium voltage attenuation rate and The fifth discharge medium voltage. The data were analyzed by Minitab 14 statistics software. The results of analysis of variance indicated that the most influential factor was the glucose content despite of discharge rate. Secondly, the effect of the solvent was equivalent to the holding time.

Jan 1, 2013

By Boyd R. Davis

Like many pyrometallurgy researchers, Ralph Harris? work extended over both light metals (lithium and magnesium) and base metals. His work looked at feed preparation, primary production, and secondary treatment. The thermodynamic principles of chemical metallurgy allowed Ralph to move between these two groups of metals. However, these metals have few similarities when projects are being developed. The traditional ?deposit-based? drivers for base metal operations do not apply to the same degree with light metals projects. While high purity, low cost feed is important to light metals projects, it should not be considered as the main reason for a smelter project. While it is clearly understood that technology (energy costs) is the driver for aluminum production, it is less considered for other light metals. This paper will look at the break down of base and light metals? production costs to try to quantify the balance between feed costs and technology for each metal group.

Jan 1, 2013

By Kam Ng

For bridges or buildings that may be subjected to large vertical and lateral loads, drilled shafts offer an economic foundation solution. While the current drilled shaft design practice is considered adequate, introducing a performance-based approach to designing the drilled shafts will make their design more cost-effective and produce more dependable response. This concept was examined using analysis of 41 drilled shaft load test data from several states. This process identified the challenge with the lack of information from the Osterberg (O-cell) load test method to characterize the full top load-displacement response. When a typical single O-cell is utilized in a drilled shaft test, depending on the location of the O-cell and the geomaterials present along and beneath the shaft, the load test result typically quantifies either the side resistance or end bearing reaching the ultimate load-displacement curve but not both components. This limitation hinders the determination of a suitable shaft resistance as a function of a target top displacement. To overcome this challenge, an improved procedure is proposed for establishing the full load-displacement curve based on data gathered from one O-cell. The method will be presented in the paper for three different cases (i.e., side resistance reaches the ultimate during the test, end bearing reaches the ultimate during the test, and neither components reach the ultimate values). Because it allows the characterization of the full load-displacement curve, the proposed procedure will allow performance-based design of drilled shafts with due consideration to settlement while satisfying the Load and Resistance Factor Design.

Jan 1, 2013

By B. Sergeant

Any study of the contentious subject of nationalization can ultimately be reduced to a sombre analysis of the simultaneous, and very different, interests of capital, labour, and government. Each of these interests attempts to maximize its objectives, subject to checks and balances provided, in an ideal system, by a country's executive government, legislature, and judiciary. Where even one of the three interests goes out of control, the consequences can be disastrous. The case histories show that when this occurs, the most common culprit is government, or its proxy, such as a dictator. At the other extreme, the case studies indicate that the optimum outcome occurs when capital, labour, and government are 'ring fenced' from each other: each enjoys its rights, but is also subject to duties. 'Conflicts of interest' between the three entities are ideally avoided to the maximum possible extent. The case studies include several salient instances from both the DRC (Gécamines, La Générale des Carrières et des Mines) and Zambia, along with Ghana and Chile. Further instances are examined in South Africa (gold), India (Coal of India), Brazil (Petrobras), Venezuela (Petróleos de Venezuela), Sweden (Luossavaara-Kiirunavaara Aktiebolag), Mauritania (Société Nationale Industrielle et Minière), Norway (Norsk Hydro), Botswana (Debswana), and Namibia (Namdeb). The article concludes broadly that South Africa's minerals sector is not ready for nationalization.

Jan 1, 2013

By U. Gorkhan Akkaya, N. Enver

Geographic information system (GIS) is one of the most accurate and useful tools to help decision – making for decision-makers. As to expert systems, it provides solutions to the problems faced by mimicking reasoning of the human experts. Blasting operations in mining include high risks for the vicinity of the operations. GIS having required mechanisms to take right decisions for the people who have to make right and precise decisions, while it is utilized as a integrated system with expert reasoning, is thought to be considered important tool that provides to take decisions with ease, and also to reduce the risks in the blasting operations. It is possible to find out both of the economic and optimum solutions to solve the various encountered problems in the mining activities such as blasting operations, only when GIS integrated expert systems is used. Managing the spatial data unified with expert reasoning is the one of the greatest advantages of the system. In the scope of the study, various scientific studies were investigated. The benefits of the system were figured out and the phases of a unified system were proposed in the blasting operations.

Jan 1, 2013

By D. Govender

Theoretical flotation models suggest that there is a positive relationship between bubble-particle collision rates and turbulent kinetic energy dissipation. Fine particle flotation performance is generally enhanced by increased collision frequency and hence higher energy dissipation. Contrarily, increased turbulence in the rotor-stator region is related to higher detachment frequency of the coarser size range. Therefore, the optimal modes of recovery for the 'fine' and 'coarse' size classes appear to be diametrically opposed. Industrial applications have previously confirmed that applying greater power to flotation slurries yields significant improvements in fine particle recovery. However, recovery of the coarser size class favours a different flotation environment. An improvement in the flotation kinetics of the fine and coarse size classes, provided there is no adverse metallurgical influence on the intermediate size ranges, is obviously beneficial to the overall recovery response. Managing the local turbulent kinetic energy dissipation, and hence the power imparted to the slurry, offers the benefit of targeting the particle size ranges exhibiting slower kinetics. FLSmidth recently introduced the practical implementation of this concept. In principle, it decouples flotation regimes where fine and coarse particles exhibit preferentially recovery. In the case of naturally aspirated machines (Wemco®), it is referred to as Hybrid Energy Flotation? and incorporates at least three phases: > Standard flotation machines (standard energy input, rotor speed (r/min), rotor size/type) at the beginning of the row, where flotation is typically froth-phase limited and operational and set-up parameters have a limited influence on the recovery > Higher-powered flotation machines (high rotor speed, high-power rotor size/type) at the end of the row to improve fine particle recovery > Lower-powered flotation machines (low rotor speed, low power rotor size/type) to enhance coarse particle recovery. A CFD-based flotation model is used to highlight the effect of turbulent dissipation energy on attachment and detachment rates. Preferential collection zones for fine, and 'coarse' particles are predicted for both forced-air and naturally aspirated machines. The greater predominance of UG2 ore types, coupled with the skewed feed distribution of platinum group metals (PGMs) to the finer size fractions, suggests that PGM flotation circuits are not designed for optimal recovery across the size distribution. The application of the hybrid energy concept to PGM flotation offers a possible shift towards a more efficient flotation circuit solution through a managed distribution of energy.

Jan 1, 2013

By Xi-Shan Li, Qian Li, Yong-bin Yang, Li-na Cui, Tao Jiang, Jie Ge

"With regard to control environment pollution in the roasting pretreatment of sulfur & arsenic-bearing gold concentrate, roasting of double-layered pellet was proposed. In the paper, the characteristics of double-layered pellet roasting were studied. Removal and solidification rates of sulfur and arsenic were investigated as primary factors. The result indicated that the removal and solidification rates of arsenic reached up to 95.91 % and 98.95% while the sulfur was 97.19% and 97.90% respectively on the premise of adopting slaked lime as solidified agent at temperature of 6000, the package proportion of 2.14 and roasting time of 3h. However, pyrite and arsenopyrite were transformed to hematite and magnetite and product of solidification mainly consisted of calcium sulfate, calcium arsenate and calcium sulfite within optimum roasting parameters.IntroductionUtilization of refractory gold resources has been gradually concentrated on with the depletion of the gold resources which are easy to deal with in the world [1]. Sulfur and arsenic-bearing gold ore is a typical refractory gold one, in which ultrafme gold is encapsulated in the structure of metal sulfide minerals [2,3], so it gives poor recovery through direct cyanide leaching. These refractory ores need pretreatment before the process of cyanide leaching to undermine lattice structure of pyrite and arsenopyrite containing gold [4] so that the gold could touch with cyanide solution [5]. Among various methods of pretreatment, conventional roasting method is most effective, but this process generates gases such as S02 and As203 harmful to environment. Therefore solidification roasting was proposed to solve this problem occurring in the conventional roasting at the end of last century."

Jan 1, 2013

By Yanhui Sun, Yanan Zeng, Kaike Cai

"Hot ductility of Nb-V-containing steel has been studied by theoretical calculation and thermal simulation experiment. Meanwhile, microsegregation and precipitates were analyzed. The results showed that segregation degree of elements S, P, 0 is greater in mushy zone, while, the hot ductility was deteriorated by inclusions of Fe(S,O), (Fe,Mn,Si,Al)(S,O) in the interdendritic region. At the temperature 1100°C, a few NbN particles, 60-70nm, have little effect on mechanical property. In the temperature range 1000°C to 975°C, R.A declined rapidly from 82.36% to 69.61% with the diameters decreasing from 20 to 10nm and quantity of particles increased 23 to 45inds/µm2, respectively. In the temperature range from 900°C to 850°C, R.A reduced unobviously from 34.27 % to 30.01 % with ferric films thickening gradually. The critical stress, 52.38MPa, was equal to tensile strength at 975°C. Intergranular fracture was easy to occur with higher critical stress below 975° C.IntroductionProductivity and product quality of slab are seriously affected by cracks during continuous casting and the influencing factors of cracks are various[l]. From microcosmic angle, resisting deformation ability of initial solidification shell decreases obviously with solute elements segregation which can urge the low melting point ofliquid film to form at grain boundaries[2, 3]. Meanwhile, with temperature decreasing, particles would precipitate as the practical solubility product is greater than equilibrium solubility product. The carbonitrides would lead to stress concentration at austenite grain boundaries. Therefore, the transverse cracks of microalloyed steel would form during the straightening operation in the continuous casting process. The hot ductility of steels in the temperature of mushy zone was characterized by microalloy elements segregation, zero strength temperature (ZST) and zero ductility temperature (ZDT). The nature, shape, and size of precipitates have been investigated by TEM (JEM2100). Hot tensile test with low strain rate was simulated by Gleeble-1500. The objective of present study is to provide reference for zero defect of microalloyed steel during continuous casting process."

Jan 1, 2013

By Yongping Wu

Taking the longwall mining face area in a steeply dipping seam as the research object, the stability of an asymmetrical rock mass structure is analyzed using shell theory and masonry beam theory. The results show that an asymmetrical shell structure is formed at the top strata of the mining stope and its magnitude is mainly determined by the mechanical characteristic of the overburden strata of working face, mining space size and so on. Localized instability of the shell structure is the main factor that leads to the overall structural instability in the stope. The instability modes includes: the shell roof instability dominated by tensile failure, the shell shoulder instability initialized by compression-shear failure, and shell bases composite instability occurs in tensile and compression-shear modes. The shell structure stability dedicates rational strata control measures to choose, and the caving height of overburden strata is the key for shell structure instability.

Jan 1, 2013

By Ben Fahrman

The classical approach to engineering design involves the purely deterministic calculation of the factor of safety, the ratio of strength to stress. The factor of safety is an easy calculation to perform in many circumstances, and it is very easy to interpret the results. The simplicity of the method is both a strength and a weakness. The results of the deterministic factor of safety calculation are simple to determine and interpret, but they have no ability to account for the uncertainty present in the inputs or outputs. Uncertainty is prevalent in geotechnical engineering applications. This uncertainty can stem from spatial variability, poor sampling, a dynamically changing environment, etc. Probability analyses allow input parameters to take the form of a distribution rather than a single value, making them uniquely equipped to handle the uncertainty inherent in geotechnical engineering design considerations. A stochastic approach also has the benefit of providing results as a probability of failure, which is more meaningful than a factor of safety. Though stochastic modeling is becoming more common in many geotechnical applications, it is still not widely used for coal pillar design. The objectives of this study are to justify the concept of using a stochastic approach to coal pillar design and to compare the results of a simple stochastic analysis to those of standard industry practice. A simple synthetic study was performed to compare the results of a probabilistic analysis of coal pillar design to the results obtained from running ARMPS, which is published by NIOSH. Normal distributions were assigned to each input parameter that is required to determine the factor of safety of a single coal pillar. The probability of failure resulting from the synthetic study was found to be more conservative than the ARMPS stability factor. A probabilistic approach to coal pillar design is discussed in comparison to the traditional deterministic approach. The greatest strengths of the probabilistic approach were determined to be the effective handling of uncertainty and the increased meaning of the inputs and outputs inherent to a probabilistic approach.

Jan 1, 2013

By Jan Pan, Deqing Zhu, Xianlin Zhou, Yanhong Luo, Zixing Xue

"Magnetic roasting process, aiming at obtaining magnetite concentrate, is the principle method of exploiting siderite as a raw material in iron and steel industry. Study on preparing DRI from siderite through coal based reduction technology is sporadic. To make the process of how siderite is reduced to iron clear, roasted ore reduced from siderite by lignite under different time periods were analyzed. The results indicated that: at the temperature of 1050°C, siderite was rapidly decomposed into magnetite, and further reduced as Fe30r?FeO?Fe, the later step was slower than the previous one. A fracture of particles was found during the process of thermal decomposition and the reduction of newly formed magnetite. As the reduction proceeded, metallization rate of products increased, and the iron grain grew along with time.IntroductionWith the rapid development of economy, China demands more and more iron ores for the iron and steel industry. China has rich iron ore resources, but 97% of them are below 30% in iron grade, many are refractory and unutilized [1], therefore large quantities of imported iron ores are in a desperate need. China imported 686 million tons of iron ore in 2011 (data from the China Customs), accounting for nearly 60% of the total consumption. To guarantee the healthy development of iron and steel industry, domestic refractory iron ores have to be utilized both economically and environmentally."

Jan 1, 2013

The National Mining Hall of Fame and Museum (NMHF&M) will celebrate its 25th anniversary on Sept. 22, 2012 when the 2012 class is inducted during a special ceremony in Las Vegas, NV in conjunction with MINExpo 2012. The NMHF&M will induct four men representing the equipment manufacturing, minerals exploration, copper and coal sectors of the mining industry. The diverse cross-section of mining industry giants joining the hall of fame include Glen A. Barton, J. David Lowell, Samuel Newhouse and John Cleveland Osgood. They will join 214 other mining industry pioneers when they are formally inducted into the National Mining Hall of Fame at the 25th Silver Anniversary Induction Banquet & Ceremony. These men were selected for being visionaries, leaders and ambassadors within their own sectors and across the industry at large.

Jan 1, 2013

What is your personal view and assessment of the overall health of the industry in the current global economy? The economic outlook remains soft for the near future and, although the global economy is showing signs of recovery, uncertainty has tempered the pace of recovery. In addition to uncertainty, we are still facing significant economic challenges in many parts of the world, including Europe and the United States. The rapid expansion of China?s economy has recently slowed, further contributing to the sense of uncertainty in the overall health of the global economy. This situation is both a blessing and a curse, depending on which sector of the mining industry we are considering. For example, coal, industrial minerals, aggregates, base metal and precious metals markets are impacted by different forces and drivers and will experience different outcomes within the same economic environment. Let me give a few concrete examples to illustrate this concept. The prevailing economic uncertainty that I have just described tends to drive investors toward safe havens. Gold has historically been viewed as a safe haven and as long as investors shy away from traditional investments, gold prices will remain high and gold mining companies will continue to expand and invest capital in their operations. The same sluggish economy that drives gold prices higher has the opposite effect on other segments of the minerals industry. A great example of this is industrial minerals and aggregates used in construction. The markets that consume these minerals have contracted significantly over the past five years. The outlook for this segment is poor, as the glut of available housing continues to inhibit demand for new construction and, thus, many industrial minerals. In addition to this, the federal government?s lack of political will to enact long-term legislation funding transportation and infrastructure projects continues to be a drag on the U.S. aggregates industry.

Jan 1, 2013