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The underground mining of a narrow vein hard rock orebody is a capital and labour intensive method of extraction. Due to the nature of underground mining it is difficult for higher level managers to physically see the efficiencies and inefficiencies of a particular method. Extraction methods and sequencing often need to be altered from the original planned methods as a result of mine developent, providing more in depth information as it progresses. As a result of these issues contract mining of these orebodies is common practice. There are several types of contract structures for the purpose of underground contract mining with many complex permutations of them that reflect the different needs of each individual company and orebody. The different contracts are arranged dependent on the mining companyÆs desire to transfer or, alternatively, embrace risk. This presentation gives a brief overview on these different methods and their various advantages and limitations with regard to small scale and narrow vein underground mining. With respect to these different contracting methods, the presenter reviews the mutual growth benefits of emerging partnering opportunities, specifically with regard to smaller explorers exploring and developing prospective mining tenements. The specific advantages to small explorers include the resource flexibility and speed of project development that private mining contractors can provide. Given the contracting methods that are available, there is potential for small private mining companies to gain minor stakes in major projects and major stakes in medium sized projects by employing innovative contracting solutions to provide mutual benefits to the parties. Some potential scenarios to this effect are suggested in the presentation. This paper is available as a PowerPoint presentation only.

Jan 1, 2006

By M. G. Gorman

The effects of particle size, particle shape and degree of aggregation on n-dodecylamine flotation of -20 µ m quartz and glass beads were studied. A microflotation cell suitable for use with very fine particles was used in the flotation experimentation. Degree of agglomeration of particles was estimated by comparing size distributions of the quartz and beads in a dispersed system to size distributions in systems in which the collector was present. Results obtained show that in such flotation systems the fine particles are not generally present as individual particles during flotation but rather as aggregations. However, the quartz floats more readily than the beads indicating that there are some shape effects in the systems, considering the large specific surface areas of the materials it also appears that substantial amine consumption in the systems may limit flotation or lead to a requirement of greater reagent dosage for equivalent flotation to that tor larger particles.

Jan 1, 1990

By Frank E. Cash, Max S. Petersen

The use of safe equipment, safeguards, and safe practices in the mining and allied industries should reduce injuries and improve accident experience. The object of this report is to give to the mining industry, especially metal mining, a graphic pictorial description of some of the safeguards, equipment, and practices used and followed in the iron-ore mines of the Lake Superior district. Some of the subject material has been in use or has been established for many years, and some is relatively new. Some of the equipment was purchased commercially, and some was designed by the company employees and constructed in the mine shops. The photographs were taken by the personnel of the Health and Safety Division of the United States Bureau of Mines, primarily for use in the Metal-Mine Accident-Prevention Course of the Bureau of Mines. In general, they are arranged under the following headings or subjects: 1. Accident statistics. 2. Support of ground. 3. Hoisting and haulage. 4. Explosives. 5. Fires, gases, and ventilation.

Oct 1, 1948

By Norman C. Stines

Russia's mineral potential is a secret that has been effectively kept by the Iron Curtain. There is no conclusive data and because of its extreme importance to the Free World, the subject is greatly discussed. Opinions range from those presented by Paul Tyler in his article "Russia's Mineral Potential," June issue of MINING ENGINEERING to those of Norman C. Stines, presented herewith. Mr. Stines is a consulting mining engineer of Los Gatos, Calif. He was in Russia, China, and Manchuria from 1909 to 1918 as a mining executive. From 1917 to 1919 he served as assistant military attache Intelligence Branch U. S. Army in Petrograd, Russia.

Jan 11, 1951

By Shu-cai Zhou

"To understand the solidification behavior of austenitic heat-resistant stainless steel (TP34 7) in rotary electromagnetic-field, the influence of electromagnetic stirring in mold (M-EMS) on solidification structure of TP34 7 heat resistant steel in a round billet continuous casting was investigated based on industrial experiments. The results indicate that the excellent billet solidification structure of TP34 7 heat resistant steel can be obtained with appropriate electromagnetic stirring parameters. The solidification structure of TP34 7 heat resistant steel can be remarkably refmed, central porosity and shrinkage cavity can be remarkably decreased and equiaxed grains zone widens was enlarged. The industrial trials verify that the stirring intensity of TP34 7 heat resistant austenitic stainless steel should be higher comparing with plain carbon steel. Due to a higher viscosity, rotating speed of molten stainless steel was 20-30% lower than that of molten carbon steel in the same magnetic flux density.IntroductionIn recent years, the development of ultra super critical (USC) plants is accelerated by the demands of environment protection and energy saving, and USC plants with steam temperature and pressure conditions in excess of 593°C and 24.lMPa respectively were constructed. To achieve the goal, it is important to develop new materials with excellent high temperature strength, superior resistance to oxidation and corrosion at high temperature. Besides, their cost must be low enough to meet the requirement of plants [ 1]. TP34 7H steel is promising austenitic heat-resistant steel, which is used as superheater/reheater tube material and is extensively used for high temperature components and fossil-fired power plants, and suitable to be used in USC boilers plant. This kind steel contains with about 0. 7%Nb and it keeps higher allowable stress and creep rupture strength than TP304 and TP321H [1-2]. TP347H has conventionally been produced by ingot casting followed by forging and rolling. Recently, in order to decrease the production cost, challenging trials to produce these types of alloys by a continuous casting (CC) process have been attempted. However, the solidification structure of austenitic stainless steel is one of the key issues that attract more attention. Due to the low thermal conductivity of TP347H heat resistant stainless steel (much smaller than that of plain carbon steel), pronounced defects during continuous casting of austenitic heat-resistant steel such as coarse columnar, center porosity and coarse bridging, greatly influence mechanical properties of fmished products.A widely used technique in metallurgy is the inductive drive of molten metals using rotational or traveling magnetic fields. Recently, rotary electromagnetic stirring (EMS) has been applied to reducing various defects and improving increase the solidification structure of the metals in the continuous casting of steel, Al-based alloys and Mg-based alloys [3-8]. Electromagnetic stirring of plain carbon and low alloy steel in the continuous casting bloom and slab is well established for improving the quality of cast products [9-11] and is widely used in industry. However, very few literatures on electromagnetic casting of heat resistant stainless steel have reported. In this work, an industrial plant trial was performed to clarify the effect ofM-EMS on the macroscopic quality ofTP347heat resistant steel billet, in which the regularity and mechanism of the influence of EMS on solidification casting billet were discussed."

Jan 1, 2014

By M Bouare, C Holland, K N’Diaye

Two adjacent open pits in Mali hosted by deeply weathered saprolitic materials were mined consecutively over the course of approximately 12 months. During excavation, both pits experienced significant displacement and tension cracking as the result of deeper than expected depth of weathering coupled with relatively steep slope angles and significant groundwater. In response, geotechnical and operations teams overcame numerous monitoring challenges with prisms and radar to develop a simple and effective monitoring system coupled to a Trigger Action Response Plan (TARP) which enabled continued safe operations while reducing ore loss. Observations of previous slope performance of these two pits allowed for greater confidence in empirical failure runout calculations that was used to specify the standoff widths for the exclusion zones in the pit. Back analysis of the slope as-built performance after the first indications of slope distress was also conducted. The back analysis was used to confirm rock mass parameters for modelling while being utilised as a reality check for the stability analysis. The stability analysis indicated that leaving a large step-out or buttress would not prevent the displacement, resulting in some ore being sacrificed to ensure the safety of personnel. Key learnings from this experience highlight the importance of: • up-to-date geological interpretation of the depth of weathering • ensuring slope design guidance is reviewed and updated as latest information (ie geology and monitoring) is received • having multiple complementary slope monitoring methods to ensure redundancy • ensuring visual observations and as-built performance are utilised as a reality check to provide greater confidence in stability analysis and design guidance.

Jun 22, 2022

Once every three years the eyes of the construction and mining industry?s turn to Munich, Germany for the bauma trade fair and exhibition. From April 19-25, Messe München International (MMI) will host the 29th edition of this massive show that, despite the recent recession and global financial struggles, has grown yet again. The show, which is completely booked, will take place on a record 555,000 m2 (5.9 million sq ft) of indoor and outdoor exhibition space at the New Munich Trade Fair Centre. More than 3,000 exhibitors are expected to make use of this event. To prepare for the show that highlights some of the largest and most impressive construction and mining equipment in the world, Messe München began working months in advance on getting the infrastructure on the open-air site ready, in time for the arrival of the gigantic machinery exhibits, which started to arrive in March. Part of the preparations include a new entrance at the northwest corner of the exhibition center that was built to regulate visitor flow better. This should help with bauma considering that in 2007 more than 500,000 visitors passed through the gates. ?Although in 2010 the construction machinery sector in many markets worldwide will be recovering only slowly from the recession, we are pleased to report that we are seeing strong demand for exhibition space. This shows that exhibitors regard participation in the world?s leading trade fair bauma as a must, although many are at present having to make cuts in their advertising and trade-fair budgets. We have been particularly surprised by the strong demand for space from exhibitors from markets like China, India and Turkey. The fair is fully booked and many more companies are on the waiting list,? said Eugen Egetenmeir, managing director of Messe München. More than 50 percent of the exhibitors at bauma 2010 come from countries outside of Germany. While the show?s primary focus is on the construction section, it is not as if the mining sector will be difficult to find. With some of the largest equipment in world on display in section C2 (Fig. 1), the mining industry is sure to be well-represented.

Jan 4, 2010

By O. C. Wheeler

There was an increased amount of activity in the oil business in Colombia during 1934 over that of the past several years in point of production, development and exploration. The Tropical Oil Co. continued to be the only company operating on what may be called a commercial basis, although the Gulf, through its subsidiary, the Colombian Petroleum Co., was actively engaged in exploratory and developmental work on its Barco property in eastern Colombia. The Socony Vacuum interests acquired an option from Sr. Luciano Restrepo on a concession in Las Monas-Sogamoso River area and carried out geological investigations on these lands during the year. Colombian Petroleum Company The activities of the Gulf in exploration and development in Colombia during 1934 were confined to the Barco concession. The following information is furnished through the kindness of Mr. E. S. Bleecker, Chief Geologist of the South America Gulf Company. Two strings of tools were kept in operation throughout the year on the Petrolca (Tarra) structure. Three wells were completed, including one deep test, all of which were producers from one or more of the three zones which have been defined in the Lower Cretaccous limestone formation. On the Rio de Oro structure, some 45 miles northwest of Petrolea, a complete camp has been established on the Catatumbo River, about

Jan 1, 1935

By Paul W. Johnson, Ralph C. Kirby, Frank A. Peters

A series of economic evaluations of processes for producing metallurgicalgrade alumina from low- grade aluminous materials is being conducted by the Bureau of Mines to determine the relative processing costs . The two processes considered in this evaluation are concerned with the recovery of alumina from clay through the formation of ammonium alum . In the first process , dehydrated clay is leached with ammonium bisulfate solution ; in the second process , clay is baked with ammonium sulfate and then leached with water containing a small quantity of sulfuric acid . After the alumina is dissolved by either of these methods , the iron is reduced to the ferrous state to avoid crystallization of ferric sulfate with the alum . The recovery of pure alum requires two crystallization steps . The alum crystals are then redissolved and precipitated with ammonia to produce alumina hydrate , which is calcined to a - alumina . These evaluations are based on published work , and the proposed plants are designed for a capacity of 1,000 tons of alumina per day . The estimated operating cost per ton of alumina for the bisulfate leaching process is $ 117.06 , and for the sulfate baking process , $ 109.26 . Using a Marshall and Stevens chemical equipment index basis of 240.0 , the estimated fixed capital costs , in the same order , are $ 158 million and $ 146 million . Under current economic conditions , these two processes are not competitive with the Bayer process for the production of alumina from bauxite . Since small improvements will not reduce costs sufficiently to approach competitive costs , future research work with these processes should be confined to areas likely to result in major cost reductions .

Jan 1, 1965

By H J. J Boshoff

Pit lakes, as a final void after completing open cut mining, are in most cases unavoidable. Initial mine designs and approvals require consideration and assessment of closure objectives, legislation and stakeholder acceptance to ensure suitable understanding of the closure liability. Mining companies undertake studies and engineering during the planning, operational and closure stages of mining to identify closure options for the final voids, which would be sustainable. Without adequate planning prior to and during the life of the mine, options during the closure stage become limited resulting in costly closure works or long-term liabilities. Engineering consultants provide a specialist service in the assessment of long-term pit lake water levels and characteristics. Ongoing advances in mining methodology and technology, coupled with improved data collection and data management aid in a better understanding of the complexities in estimating long-term pit lake water levels and characteristics. Closure objectives developed during the planning stage sets the requirements for long-term pit lake water levels, which could require maintaining a water level and pit water or discharge water quality. A variety of approaches could be used to assess these closure scenarios each requiring specific data and methodologies. Typically, limited data is available during the planning stage, which results in assumptions based on past experience and relevant case studies. Closure assessments are revisited during the life of mine and leading up to the closure stage, during which additional site-specific data is available improving the accuracy of the assessments.CITATION:Boshoff, H J J, 2018. Assessment of approaches, data requirements and methodologies for estimating long-term pit lake water levels, in Proceedings Life-of-Mine 2018, pp 28–31 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Jul 25, 2018

By Rafael Lopes

Os aços utilizados na fabricação do vergalhão CA50 conforme norma NBR7480 são usados em todo o Brasil. A grande aplicação deste tipo de produto é na indústria de construção civil em função de sua excelente resistência mecânica e soldabilidade. Estas características permitem o avanço na construção de grandes empreendimentos. Em 2009, a Votorantim Siderurgia na sua Unidade de Resende, iniciou a produção do vergalhão CA50 em escala, procurando aumentar a sua participação no mercado de construção civil. Foi identificada uma grande variação nos resultados de limite de escoamento nos ensaios de liberação de produto realizados a partir de amostras coletadas no início das bobinas de vergalhão CA50. Em função disso, foi feita a caracterização do limite de escoamento e microestrutura ao longo da bobina onde foi identificado que esta grande variação do limite de escoamento estava presente em toda a bobina. Desta forma, foram definidos os principais parâmetros do processo de laminação que poderiam estar influenciando na variação do limite de escoamento e realizado um planejamento de experimentos (DOE) para o vergalhão CA50 16,0mm, aço 1030, onde foram identificadas que a combinação da melhor distribuição da vazão de água nas Caixas d’água utilizadas no tratamento térmico de têmpera e auto revenido, somada à maior distribuição das espiras no pelo Formador e à ventilação do Stelmor no mínimo apresentaram resultados de limite de escoamento acima do mínimo especificado pela norma NBR 7480 com menor desvio padrão quando comparado aos parâmetros de processo que eram utilizados na produção do vergalhão CA50.

Oct 30, 2017

An extended investigation by the chief engineer of the Bureau of Mines shows that North Dakota has immense beds of lignite. War conditions have stimulated the use of North Dakota lignite until it is now being used at the rate of 1,000,000 tons annually. This North Dakota lignite is coming into extensive local use and considerable of it is being shipped to various parts of the state. The great problem at the present time is to find a market for the gas, which is the principal-by-product of lignite preparation. Bureau of Mines specialists will complete their reports of the studies of lignite in this country and will then make a recommendation as to the lignite field which is best suited for the establishment of the proposed Government's experimental plant. "Broken eggs cannot be mended."-(Lincoln.) Neither can "cashed in" War Saving Stamps grow to their maturity value.

Jan 8, 1919

By D. N. Trerice

The Electric Power Research Institute (EPRI) is sponsoring the construction and operation of a coal cleaning test facility at Homer City, Pennsylvania. The facility represents a major investment by the electric utility industry to advance the state of the art of conventional coal cleaning technology. The facility is unique in design and can process large quantities of coal in conventional flowsheet configurations, simulate full size plant conditions, and perform open and closed loop performance testing on conventional and advanced coal cleaning equipment. Computer operation will also be demonstrated. The facility objectives, initial complement, and operating plane are discussed as they relate to other coal cleaning projects at EPRI.

Jan 1, 1981

By D. M. Ramsey

HIGH-INTENSITY magnetic separation as now practised in the commercial treatment of a large variety of industrial minerals is a com-paratively recent development, having had its practical beginning about ten years ago when it became necessary to devise more effective methods for the purification of the electric furnace abrasives and refractories-silicon carbide and fused aluminium oxide. The fundamentals of magnetic separation are, of course, very well under-stood; bur while very, very old in principle, the process has, in recent years, been developed to a point of far greater usefulness than heretofore. In fact, until the development of the high-intensity process,. magnetic separation was limited largely to the removal of tramp iron? with magnetic pulleys and the removal of the very highly magnetic portions of industrial minerals by means of horizontal conveyor-belt-type separators. All magnetic separation processes depend for their success on the fact that various materials are kinetically influenced to a greater or lesser degree by the force that we speak of as 'magnetism'. We have now come to regard 'magnetic separation' and 'high-intensity magnetic separation' as two different and distinct methods. However, both depend upon the reaction of a particle when placed in a magnetic field. The common types of magnetic separators quite generally operate on the principle that a magnetic particle can be lifted by a powerful magnetic force from a stream of material moving on a belt or other type of conveyor. The application of the force removing magnetic material by this scheme is directly opposed to the force of gravity and is, therefore, limited to sub-stances of a relatively high order of magnetic susceptibility, such as metallic iron and magnetite. Until a few years ago, one very important principle was almost entirely overlooked. Practically every substance is susceptible to some extent, at least, to magnetic attraction, and by the application of a magnetic force great enough, and properly applied, separations of materials heretofore considered 'non-magnetic' can be accomplished.

Jan 1, 1937

By Yeatman, Pope

FOR many years geologists have felt that mining companies should adopt a more liberal policy in the publication of their reports. The increasing usefulness of the geologist to the mining profession in recent years demands that consideration be given to this question. Prior to 1900, the call for geologists of high reputation by mining companies was probably mainly in connection with lawsuits arising from the interpretation of rights or ownership as defined by the "Law of the Apex," and from problems such as finding the continuation of the vein or whether the vein followed was the main one or a branch. Later, outside of legal questions, the most intensive and general use of their services arose from the search for oil. Geologists to determine the position of the formations

Jan 1, 1938

By M. R. Grundy

The Robinson project is based on the porphyry copper and gold deposits in the Robinson Mining District, near Ely in Eastern Nevada. The district was mined from the late nineteenth century to 1978 by Kennecott Copper Corporation and its predecessors. Operations ceased when falling copper prices in the late 1970's made their outdated mill and smelter complex at McGill uneconomical. In October 1991, Magma Copper Company (Magma) acquired the many claims that cover the known porphyry copper deposits in the district These occupy a disturbed area about nine miles long and three miles wide between the towns of Ely and Ruth. Magma proposes to build a copper / gold mine and concentrator and expand the existing gold leaching facilities. Several pits, previously mined by Kennecott Copper Corporation, will be enlarged; the use of larger, more modem equipment will result in higher productivity and lower operating costs in general. ICF Kaiser Engineers, of Oakland, California, were awarded the con-tract for detailed design of the process facilities, which was essentially complete by the end of 1993. The project at present is awaiting completion of the environmental permitting process; state air and water permits are in hand, and the Bureau of Land Management's (BLM) current schedule indicates that the final obstacles to construction will be cleared by early fall of this year.

Jan 1, 1994

By G. W. H. Norman

"The La Corne molybdenite-bearing veins, discovered in 1915, lie halfway between Amos and Val d'Or near the southwest corner of La Corne township, Abitibi county, Quebec. The Molybdenite Reduction Company, which carried on operations during 1927 to 1930, sank a 200-foot inclined shaft to develop the property and produced about 22 tons of concentrntes from a 30-ton mill during 1929. Hollinger Consolidated Gold Mines, Limited, carried on further underground exploration in 1930. The Molybdenite Corporation of Canada drilled a part of the property in 1938 to 1939 and produced 1 ton of concentrates in 1938. Wartime Metals operated the property from 1942 to July 15, 1945. At this time the mill was enlarged to treat 200 tons daily. Molybdenite Corporation of Canada since July 15th, 1945, have continued the operation of this property and have revised the mill flow-sheet in order to produce both a bismuth and a molybdenite concentrate.The production for the period 1942-1946 is as follows:Total molybdenite production from the mine in the 1942 to 1946 period was about 4,127,400 lb.The La Corne deposit occurs at the northwest contact of a small mass of biotite granite with biotite schist. The form and extent of the biotite granite mass is concealed by a wide sand plain that extends northwest and west from the deposit and overlies bed-rock except in four small outcrop areas. These are spaced 1,000 and 2,000 feet apart along a narrow strip extending 5,000 feet south from the mine. The outcrops suggest that the granite must be at least 1,500 feet wide and 3,000 feet long northeastward. Where exposed in the mine workings the contact dips 70°N.W., but is not a sharply defineable feature due to the presence of numerous granite dykes and tongues in a zone of biotite schist 100 feet wide along the margin of the granite. The biotite schist in the few outcrops that flank the north and south sides of the granite strikes northeast and dips 60° to 70° S.E."

Jan 1, 1954

By AIME AIME

General Local Committee.-John Fritz, Chairman; A. B. de Saulles, Vice-Chairman.; R. M. Bird, Treasurer; Henry S. Drinker, Secretary; Robert H. Sayre, E. P. Wilbur, Charles M. Dodson, Abraham S. Schropp, E. M. McIlvain Archibald Johnston, A. B. Fichter, C. G. Convers, W. A. Wilbur, Garrett B. Linderman, Frederick Conlin, George Pettiuos, Albert Brodhead, Garrett L. Hoppes, M.B. Cutter, H. J. Seaman, C. A. Matcham, B. F. Fackenthal, Jr., A. L. J. Queneau, Geo. R. Elder, Eldridge Wilbur, William H. Chandler, Mansfield Merriman, Joseph F. Klein, William S. Franklin, William Esty, Joseph AN'. Richards, Howard Eckfeldt, John D. Irving. Transportation Committee.-H. J. Seaman, C. A. Matcham, B. F. Fackenthal, Jr., A. B. Fichter, A. L. J. Queneau, Henry S. Drinker. Hotel Committee. -Garrett B. Linderman, Charles M. Dodson, W. A. Wilbur, Garrett L. Hoppes, Albert Brodhead. Steering Committee.-William S. Franklin, William Esty, John D. Irving, R. M. Bird, the members of the Tau Beta Pi Society of Lehigh University. Committee on Meetings - William S. Drinker, Joseph W. Richards, Howard Eckfeldt. Entertainmment Committee.-W. A. Wilbur, E. M. McIlvain, Archibald Johnston, A. B. de Saulles, G. G. Convers,.A. L. J. Queneau, Garrett B. Linderman, Frederick Conlin, George Pettinos, Garrett L. Hoppes, Henry S. Drinker, William S. Franklin, Eldridge Wilbur, Robert M. Bird, Secretary. The opening session was held at 8.30 p.m., Wednesday, February 21, 1906, in Gymnasium Hall of Lehigh University, which had been tastefully decorated with flags and bunting. Dr. Henry S. Drinker, President of Lehigh University, and Secretary of the General Local Committee, called the meeting to order, and welcomed the Institute to the Bethlehems, where its first meeting, after its organization in May, 1871, at Wilkes-Barre, was held in August, 1871.*

May 1, 1906

By R G. Barker

This paper reviews the annual status of the New Zealand mining industry (metallic minerals and coal) including key aspects such as mineral production, mineral exploration expenditure, commodity price trends, key industry players, market activity and other significant commercial factors.   Strong commodity prices during 2006 have been underpinned by a number of key factors including US dollar weakness and emerging market demand, particularly from countries such as China and India. In real terms commodity prices have recovered significantly since 2002 and are currently at 20-year highs.   New Zealand exploration spending on metallic minerals (predominantly gold) is at a 15 year high driven by rising global commodity prices. New Zealand gold production in 2006 was about 340,000 oz and is expected to grow in 2007 as new mines at Frasers and Globe-Progress (Oceania Gold) and Favona (Newmont) come on stream. Gold production broadly lags 10 years behind exploration spending and exploration activity over the last five years remains well below that seen in the early 1980Æs. Expenditure on coal exploration shows a similar trend with strong growth from a low base over the last five years, reaching over $11 M in 2006. Total coal production in 2006 was 5.9 Mt, an increase of 10% on 2005 with imports from Indonesia adding a further $1.1 Mt.   Newmont and Oceana Gold are by far the largest public gold mining companies operating in New Zealand, although only Oceana Gold maintains a presence on the local stock exchange. Other metals explorers with New Zealand projects include a range of public-listed Juniors (market capitalisation less than NZ$50m) domiciled largely in New Zealand, Australia and/or Canada. Capital-raising on public markets directed towards New Zealand exploration is estimated at around NZ$12 M for 2006, the bulk of this coming via Glass EarthÆs NZ$10 M IPO on the NZAX in October.   The New Zealand Coal sector is dominated by the state-owned enterprise Solid Energy with around 80% market share by production. Other domestic coal competition remains limited, and includes the L&M Group, Pike River Coal, Eastern Corporation, and New Vale (acquired by Solid Energy in 2007). Pricing parity comes mainly from imported coal and global thermal coal prices have remained strong during 2006 at around US$45-55/t, driven by continued expansion in Chinese demand. Coking coal prices have eased 16% since 2005 to around US$98/t in 2007.   Although recent increases in exploration spending suggest a renaissance in the New Zealand minerals sector, long-run trends indicate that we have simply rebounded from a low base over the last five years and much work is still to be done to stimulate further growth in the mining industry to maintain minerals production at current levels. Key industry challenges include marketing exploration opportunities to local and overseas investors, building a critical mass of NZX-listed explorers and providing an internationally competitive environment to attract further capital and expertise.

Jan 1, 2007

By J. E. Gill, A. R. Byers

The Surf and Pugsley gold-copper mines; owned and operated by Surf Inlet Consolidated Gold Mines; Limited; are about 6 miles inland from; the head of Surf inlet; on Princess Royal island; Skeena mining division; British Columbia. Surf inlet is a fiord 360 miles in an air line northwest of; Vancouver.

Jan 1, 1954