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By A. J. Williams

"IntroductionAN EXCELLENT paper entitled Potash Discoveries in Western Canada (l) was presented to the 1948 Annual Meeting of the C.l.M. by L. Heber Cole, of the Department of Mines and Resources, Ottawa. In the intervening three and a half years, the search for oil and gas in Saskatchewan has added considerably to the information available on the occurrence of potash. It is the purpose of this paper to summarize the additional data. For greater clarity, it may be useful, first, to recapitulate some of the highlights of Mr. Cole's paper.Underlying the western plains of Canada there is a large deposit of sodium chloride, believed to be of early Devonian age. Associated with the sodium chloride are certain potash salts, primarily 'sylvinite,' a mechanical mixture of sodium chloride (halite) and potassium chloride (sylvite) crystals. The potash salts, when present, are usually near the top of the salt formation, though in at least one well they were found near the central part of the deposit. Cole reported on some seven wells in Saskatchewan which had encountered appreciable amounts of potash; these were the Ogema, Radville, Davidson Nos. 1 and 2, Prairie Salt Nos. 1 and 2, and Verbata wells. Depth of potash from surface ranged from 7,653 feet in the Radville well to a minimum of 3,466 feet in the Verbata well. Such depths do not compare favourably with those at which the potash is found in mines in the United States, France, and Germany, where about 1,000 feet is the average. The greatest concentration of sylvite encountered was in the Verbata well, where a bed 11 feet thick carried the equivalent of 21.64 per cent K20."

Jan 1, 1952

By Bailey, Lewis Newton

Bailey, Lewis Newton, Master Engineer, Senior Oracle, 4th Regiment, U. S. Engineers, Headquarters Company, died of pneumonia, at Camp Merritt, N. J., on April 30, 1918. Baird, Louis, Lieut., Royal Field Artillery, British Army, died on the battlefield in 1915. Ballamy, John H., Capt., 103d Engineers, killed in action near Fismes, Aug. 9, 1918. Burt, Andrew, died in active service, 1916. Cobeldick, William Morley, Royal Engineers, died from gas poisoning on October 7, 1915. Dougall, Ralph, 4th University Co., Princess Patricia Regiment, killed in action early in the war. Evans, Alfred Winter, Lieut.-Col., New Zealand Rifle Brigade, D. S. 0., D. C. M. killed in action on October 12, 1917. Gorman, Thomas C., Lieut., Canadian Engineers, killed in France, Mar. 18, 1918. Hague, William, 1st Lieut., Engineer Officers' Reserve Corps, died in active service, Jan. 1,, 1918. Hall, William T., Capt., Royal Flying Corps, killed in action, May 19, 1917.

Jan 11, 1918

By I. F. Walder

Mill tailings from skarn-type base metal deposits were studied in order to ascertain potential element mobility in response to weathering. Hypogene ore minerals are sphalerite, galena, and chalcopyrite, showing minor supergene oxidation to smithsonite, cerussite, and covellite. Gangue minerals are pyrite, pyrrhotite, magnetite, hematite, andradite and grossular gamet, hedenbergite, calcite, ankerite, and quartz. Foremost of the eleven tailing piles studied, the hypogene sulfide minerals show no or only incipient post-mining oxidation. Iron oxides and hydroxides form the main oxidation products in the tailings and are enriched in heavy metals. A distinction between pre-and post-mining oxide phases may be obtained based on petrographic observations which distinguish whole-grain versus partial grain replacement. Zn and Cd do not appear to be enriched in the weathering derived oxidation minerals and will be more easily leached from the tailings than other metals.

Jan 1, 1994

By P. S. Lewis

Shortage of natural gas is reviving interest in low-Btu fuel gas made by gasifying coal in fixed-bed producers. The Bureau of Mines gasified strongly caking Pittsburgh bed coal over test periods lasting four days in an experimental gas producer located at Morgantown, W. Va, Mechanical stirring throughout the fuel bed was effective for keeping the fuel moving and this stirring made the operation successful; hence, the gas producer was named the stirred-bed producer. Nuclear density gages were applied as control instruments to indicate coal flow and fuel level, and to record the frequency and location of void spaces in the bed, The gas, of nominal 140 to 165 Btu/scf calorific value, could be burned in a boiler for generating steam.

Jan 1, 1972

By Arthur S. Klein, Hugh R. Lowry

"The Levitation Casting Process is a new continuous casting method that uses an electromagnetic levitation field, instead of a mold, to support and contain a column of solidifying metal. By counteracting gravitational forces and hydrostatic pressure on the metal column, this process eliminates friction and adhesion at the interface between the solidifying metal and the cooled walls of the casting chamber. The process inherently provides high casting speeds, excellent dimensional control and smooth, continuous emergence of solidified product from the top of the casting chamber.Of major importance is that the electromagnetic field produces an intense stirring of the liquid metal both before and during solidification. As a result of this stirring, the cast product has a homogeneous, equiaxed, fine grain structure generally suitable for immediate drawing or other forming operations without the need for hot rolling or other expensive additional processing.This paper reviews the fundamentals of the Levitation Casting Process, results obtained in casting various pure metals and alloys, and the production sized system at Lowell, MA, that uses this process. IntroductionThe Levitation Casting process was specifically developed to meet several requirements including:• Economic at low casting rates• Usable with pure metals and alloys• High, uniform product quality suitable for fine wire drawing or cold rolling into flat strip and tape• Easy cast product shape and size changes• Process inherently stable and easily automatedIn meeting these criteria it was also desired to retain the advantages of General Electric's well known Dip Forming continuous casting process; namely the inherent ""fail-safe"" properties of upward casting, solidifying metal by means other than pressure contact with a cooled mold, and use of a sealed furnace, casting chamber and cooling tower, filled with a protective atmosphere, to prevent oxidation of the molten metal or cast product."

Jan 1, 1988

By Subagyo, Geoffrey Brooks, Ken Coley

The generation of droplets and their subsequent reaction in the emulsion is critical to the overall kinetics of oxygen steelmaking. High temperature experiments have been performed at McMaster University to study this behavior. The results from this work and other previous studies has formed the basis of a number of physical and chemical models that attempt to describe the critical aspects of droplet behavior in Oxygen Steelmaking. These models include semi-empirical models for predicting droplet generation rate, droplet size distribution and droplet residence time as a function of blowing parameters.

Jan 1, 2004

By S. Whinery

In these times of sharp rivalry, both as to price and quality, among the makers and venders of engineering explosives, it is often desirable to be able to determine the relative energy or value of the various explosives offered for sale, in order to purchase intelligently ; or, having contracted for a large amount of an explosive of a certain standard quality, to be able to ascertain if the manufacturer keeps his product up to the specified standard. The simple and inexpensive apparatus described below was devised by the writer while engaged on the improvement of the Tennessee River, at MuscleShoals, under the direction of' Major W. R. King, U. S. Engineers, in the summer of 1879. It answered the purpose so well that it is thought that a brief account of it may be of interest to other engineers. It consisted, essentially, of an old blacksmith's anvil and a common striking hammer, such as is used for driving rock-drills. The anvil was placed face downward on solid, level ground. In what was then the top of it, a vertical hole, one and one-fourth inch in diameter and about one arid three-fourths inch deep, was made with a ratchetdrill. The surface of the anvil immediately around the drill-hole was made as true and smooth as possible with a file. Next, a new striking-hammer, weighing nine pounds, with a turned and true face, was selected ; and a handle, eleven feet long and about one and a half inches in diameter, was fitted into it so that it

Jan 1, 1886

By Reynold Q. Shotts

Underground mines, penetrating well below the water table, quickly fill with water when abandoned. Ordinarily, these natural cisterns are not thought of as sources of industrial water. Under special circumstance, if chemically treatable, they might become valuable industrial water reservoirs. An example of a group of about 20 mines in a geological and structural setting insuring water entrapment, rapid recharge and a possible minimum of contamination, are the small, compact Belle Ellen and Piper basins in Alabama's small but second most productive coalfield, the Cahaba. The mines have been abandoned from more than 50 to less than three years. The county now produces about a million tons of coal annually, all from strip mining. Figure 1 shows an idealized cross section of the strata in the Belle Ellen syncline near West Blocton, Bibb County, Alabama. Figure 2, 3 and 4 are maps showing the location of the syncline, other structural features, the outcrop lines of the three principal coalbeds underlying the basin, and the mined-out areas on the three beds (1).

Jan 1, 1973

By D Connelly

Quartz deposits are common in nature but the presence of quartz suitable for yielding high purity quartz is exceedingly rare. This paper describes a test work study on producing high purity quartz (HPQ) product to meet the tight product specifications of greater than 99.97per cent, including four and even five nines, for uses including, lighting and fibre optics and modern-day high efficiency solar panels. Due to demand in renewable energy applications the market for high purity silica solar panels known for their increasing efficiency and durability is rapidly growing. Demand continues to rise for the use of high purity quartz in semiconductors, electronics, imaging and sensor markets. Microelectronic components are created by chemically fabricating wafers of semiconductors such as silicon to obtain the desired transport of electrical charge and control of the current. The production of silicon metal from high purity quartz has been designated a Strategic Mineral by the European Commission and by the US Department of Justice due to the growing significance of this metal in various industries. The subsequent processing of quartz is the key step to adding value and aiding technological advances. Overall, the high purity quartz market is a highly secretive, specialised market with increasing opportunities for stakeholders. The attempt to produce HPQ in this work was carried out using an Australian quartz ore following a typical HPQ process flow sheet. The unit processes included primary crushing, scrubbing, magnetic separation, flotation, acid leaching followed by hot chlorination. The results indicate that grinding of quartz requires specialist equipment due to the hardness and extreme abrasiveness of the ore leading to additional iron contamination in the ground ore. The critical impurities were aluminium, iron, sodium, potassium, lithium, titanium, zircon, calcium and magnesium. The chemical refining was found effective. The hot chlorination process needed to be done at 1200°C in a chlorine – hydrogen chloride gas atmosphere. The risk of any gas being released during this stage is very serious and only specialist companies should and can carry out this step. More recent studies reported many new options that appear to facilitate the production of HPQ with the requisite purities more easily, but costly equipment along with highly trained operators are required and hence unlikely to become available in standard metallurgical laboratories any time soon.

Sep 1, 2024

By P. Van Marcke, X. Sillen, G. J. Chen, I. Troullinos, A. Dizier, J. Leysens, X. L. Li, J. Verstricht

"In Belgium, Boom Clay is considered as one of the potential host formations for the disposal of the High Level radioactive Waste (HLW). The URL HADES at 223 m depth at Mol site was constructed in order to study the feasibility of HLW disposal in Boom Clay. Since 1995, the URL R&D programme has focused on large scale demonstration tests like the PRACLAY experiment.The PRACLAY in-situ experiments include a set of three tests: The gallery and crossing test, PRACLAY Heater test and PRACLAY seal test. The main aim of the Heater test is to study at a large scale the thermal impact of a HLW repository on the host rock. The test is housed in the PRACLAY gallery. A hydraulic seal, made of compacted swelling and low permeable bentonite annular ring was installed at the intersection between the heated and the non-heated part of the gallery. The primary objective of the seal is to provide undrained hydraulic boundary conditions for the Heater Test.The PRACLAY gallery was constructed in 2007 and the hydraulic seal was installed in 2010. The bentonite is hydrated by natural and artificial process. The swelling, total pressure and pore pressure of the bentonite are continuously measured and analysed by numerical simulations to get a better understanding of this hydration processes. The performance of the seal is tested systematically by means of gas injection breakthrough tests and permeability tests at interface bentonite / Boom Clay and in the Boom Clay around the seal.The PRACLAY Heater will be turned on at the end of Oct. 2014, since a sufficient seal swelling has been attained to fulfill its role for the PRACLAY Heater test. This paper will focus on the PRACLAY Seal test: How we understand the process behind the hydration of the bentonite and how we test the performance of the bentonite seal."

Jan 1, 2015

By Yoginder P. Chugh

This paper discusses design of sprays systems for dust control around a continuous miner (CM) in about 4.2 m (14 ft.) high mining areas with about 1.0 m to 2.0 m (3-6 ft.) of out-of-seam dilution mining. The challenges included low air volumes and velocity at the end of the line curtain, dust produced from out-of-seam dilution rock being very fine with 50% of the particles less than 10 micron, poor capture of aerosol through scrubber suction inlets, dust escaping through the sides of the loading pan in mining high areas, overloading of dust-laden air in the wet-scrubber, and dust rollback toward workers. The challenges were resolved through CFD modeling of airflows; improved line curtain installation, redesign and varying the spatial locations of spray systems as compared to low mining height areas. Water sprays on CM is the primary engineering control for dust control in coal mining. In 2010, the authors developed several spray system concepts for dust control (Chugh, Patwardhan, Gurley, & Hirschi (2009), Chugh & Gurley (2009), Chugh 2012). These included increased contact time between dust particles and water droplets, improved potential for the dust aerosol to be sucked in through suction inlets, and reduced dust-roll back to the operators and workers. CFD modeling was used to understand airflow patterns around mining areas and to identify spatial locations for sprays to minimize dust exposure of CM operator (CMO), haulage unit operator (HUO), and workers downwind of the operating CM in the last open crosscut (LOXC). Face area ventilation plays a key role in dilution and removal of dust generated by mining operations. High mining heights and large pillar sizes associated with longwall mining reduce the air volume reaching the face area to achieve good dust dilution.

Aug 1, 2013

By Rick Deschamps

The Block 76 project includes the demolition and redevelopment of an entire city block for mixed use retail, office and residential properties directly adjacent to Historic Temple Square in Salt Lake City, Utah. Excavation was carried out 65 ft below street grade and by as much as 50 ft directly below adjacent buildings supported by shallow foundations. Movements of the earth retention system and adjacent buildings were monitored in real time using automated equipment which complemented traditional geotechnical instrumentation. In the areas immediately adjacent to the existing buildings 9 stories or greater, anchored diaphragm walls were employed. Areas of the site not supported by diaphragm walls employed a soil nail wall system. Jet grouting was used for water cutoff in lieu of dewatering along the north and east sides of project. In total, the earth retention scope included 45,000 sq. ft of diaphragm wall, 104,000 sq. ft of soil nail wall, and micropile underpinning of 3 buildings. This paper provides an overall description of the Block 76 project. A detailed account is provided of the technical and commercial lessons learned. The project provided a unique example of how an owner can receive best overall value by acceptance of some technical risk up front. Benefit was gained by allowing the contractor to reduce contingencies within the bid from unknowns on a fast-track project.

Jan 1, 2009

New York, March 18, 1913. MR. CHARLES F. RA ND, President, New YORK, MARCH American Institute of Mining Engineers. Dear Sir: In connection with the official notice of Dr. Raymond's unanimous election by the Directors as Secretary Emeritus, we wish to place upon record certain statements concerning his services to the Institute which we think have not been published., and may not be generally known to the majority of our fellow-members. When the Institute was formed in 1871, Dr. Raymond acted as Secretary of the Founders' Meeting, and became the first Vice-President of the Institute, and, by request of the aged and beloved David Thomas, who was the first President of the Institute, Dr. Raymond discharged all the duties of the office of President, to which he was later formally elected in 1872, and which lip held for three years. During that time, he visited Europe, and through his acquaintance and reputation abroad, established those international relations of the Institute which proved so important in later years. He also enlisted the support of the mining engineers and metallurgists of the Pacific Slope, who would not otherwise have been disposed to join a society originating in the East. And for twelve years he attended; at his own expense, nearly every meeting of the Institute, wherever held, giving to it without remuneration his best service, and sacrificing for it many professional and private interests.

Jan 4, 1913

This document presents estimates of future "total cash cost per ounce" and "minesite cost per tonne" that are not recognized measures under United States generally accepted accounting principles ("US GAAP"). This data may not be comparable to data presented by other gold producers. These future estimates are based upon the total cash costs per ounce and minesite costs per tonne that the Company expects to incur to mine gold at the applicable projects and do not include production costs attributableto accretion expense and other asset retirement costs, which will vary over time as each project is developed and mined. It is therefore not practicable to reconcile these forward-looking non-GAAP financial measures to the most comparable GAAP measure. A reconciliation of the Company's total cash cost per ounce and minesite cost per tonne to the most comparable financial measures calculated and presented in accordance with US GAAP for the Company's historical results of operations is set forth in the notesto the financial statements included in the Company's Annual Information Form and Annual Report on Form 20-F, for the year ended December 31, 2009, as well as the Company's other filings with the Canadian Securities Administrators and the SEC.

May 1, 2011

By Dennis S. Kostick

Introduction Soda ash is known chemically as sodium carbonate, an important inorganic chemical. It has been produced for several centuries by processing certain vegetation and minerals. The US soda ash industry has evolved from several small sodium carbonate mining operations in the West. Now, a nucleus of six companies produce about one-fourth of the world's annual soda ash output US producers currently dominate the world market. But certain international events are occurring that will reshape the domestic soda ash industry in the next decade. Historical perspective Soda ash is used mainly in the manufacture of glass, soap, dyes and pigments, textiles, and other chemical preparations. All of these are the first basic consumer products produced by developing societies. About 3500 BC, the Egyptians became the first society to use crude soda ash. The soda ash was used to make glass containers. It was most likely obtained from dried mineral incrustations around alkaline lakes. Soda deposits were virtually nonexistent in western Europe. So people resorted to burning seaweed to obtain the ashes. The ashes were then leached with hot water and the solute was recovered after evaporating the solution to dryness. The solute, a crude "soda ash" was impure. But, it could be used to make glass and soap. These two products and industries were important to the population and economic growth of the region. About 11.5 t (13 st) of seaweed ash was required to produce about 0.9 t (1 st) of soda ash. Along the coasts of England, France, and Spain, seaweeds with varying alkali contents became important items of commerce and sources of soda ash before the 18th century. The LeBlanc process used salt, sulfuric acid, coal, and limestone. It became the major method of production from about 1823 to 1885. In the early 1860s, Ernest and Alfred Solvay, two Belgian brothers, successfully commercialized an ammonia-soda process to synthesize soda ash. It used salt, coke, limestone, and ammonia. The Solvay process produced a better quality product than the LeBlanc method. In 1879, Oswald J. Heinrich presented to the Baltimore meeting of AIME, a paper entitled "The manufacture of soda by the ammonia process." The paper compared the two processes and foretold the demise of the LeBlanc technique. World production of soda ash in 1880 was 680 kt (750,000 st). Of that, 544 kt (600,000 st) was produced by the LeBlanc process. Of the 2.8 Mt (3.1 million st) of soda ash produced worldwide in 1913, only about 50 kt (55,000 st) was by the LeBlanc method. The LeBlanc process was never used successfully in the US, except for a brief period from July 1884 to January 1885 in Laramie, WY. Previously, soda ash had been produced by burning certain plants, as exemplified by the early Jamestown colonists, or by recovering small quantities of natural sodium carbonate found in alkaline lakes, such as those found near Fallon, NV, and Independence Rock, WY. Before the 1884 startup of the first synthetic soda ash plant in the US at Syracuse, NY, most of the domestic soda ash demand in the East was met by imports, primarily from England. Large-scale commercial production of natural soda ash began in California in 1887 from surface crystalline material at Owens Lake. Production from sodium carbonate-bearing brines at Searles Lake began in 1927 (Fig. 1). In 1938, during exploration for oil and gas in southwestern Wyoming, a massive buried trona deposit, presumably the world's largest, was accidentally discovered. Recent mineral resource evaluation by the US Geological Survey and the US Bureau of Mines indicates that the Wyoming trona deposit contains 86 Gt (93 billion st) of identified trona resource in beds 1.2 m (4 ft) thick or greater. Additionally, there is about 61 Gt (67 billion st) of reserve base trona. Of this 36 Gt (40 billion st) is in halite-free trona beds and 24 Gt (27 billion st) is in mixed trona and halite beds. In 1953, the Food Machinery and Chemical Corp. (later shortened to FMC Corp.) became the first company to mine trona in Wyoming. Soda ash demand increased.

Jan 10, 1985

By B. Csoke

The Bond and the Hardgrove methods are widely used for the determination of the material?s grindability. Generally, the determination of the Bond work index of inhomogeneous materials can be carried out with high deviation using the conventional apparatuses and methods, because of the highly different grindability of components. This is more significant when the composite cement?s grindability is measured, which highly affects the design and operation of cement grinding mills. A possible solution can be the combined application of the Bond-method with the determination of the component?s weight ratio in the product and perform the Bond measurement until the steady state conditions of grindability coefficient (G) and chemical composition of the components are reached. To prove the applicability of the above mentioned idea systematic Bond and Hardgrove grindability tests were carried out of two phase composite materials. The experimental results showed that the application of the combined procedure is proven in order to have a more accurate and reliable calculation of the Bond work index of composite materials, especially when the components have significant difference in the grindability and concentration. The measurements also showed the possibilities and limits of the grindability test methods.

Sep 1, 2012

The Oregon-Idaho graben evolved after widespread tholeiitic flood basalt volcanism associated with the arrival of the plume head of the Yellowstone hotspot beneath southeastern Oregon approximately 17 - 16 Ma. The north- to north-northeast-trending, 50 km-wide graben evolved between 15.5 and 10.5 Ma during east-west extension. The graben is part of a middle Miocene back-arc rift (1100 km long) that includes the northern Nevada rift, the Baker and LaGrande grabens, and the Chief Joseph dike swarm of the Columbia River Basalt Group. The graben ceased to be a volcanotectonic depression as the cross-cutting western Snake River plain began to evolve at approximately 10.5 Ma. At about 14.3 Ma and continuing to approximately 12.6 Ma the Oregon-Idaho graben began to break up into subbasins that were bounded by intragraben fault zones. The break up was accompanied by a change to calc-alkaline volcanism that persisted within the Oregon-Idaho graben until 8.1 Ma, approximately 2.5 million years after subsidence within the graben ceased. Three intragraben fault zones have been identified and a fourth is inferred. The easternmost, the Devils Gate fault zone, coincides with the magmatic axis of the graben at approximately 14.3 Ma. By approximately 13.5 Ma the magmatic axis had shifted to the west along the Dry Creek Buttes and Wall Rock Ridge fault zones. A diffuse magmatic axis developed at approximately 12 Ma farther to the west where the fourth intragraben fault zone is inferred. In addition to serving as conduits for the ascent of basalt, basaltic andesite, rhyodacite, and rhyolite magmas, the zones focused the discharge of large geothermal systems. The intragraben fault zones display a common evolutionary pattern. The 2 to 3 km-wide zones initially control the distribution of facies in volcaniclastic sediments and the location of basalt hydrovolcanic vents. During this stage, the fault zones may have had no surface expression other than a low elevation change on a relatively low-relief landscape. As relief developed by continued deformation along the fault zones, strike-length of individual faults increased and weakly consolidated volcaniclastic sediments, silicified sediments and hot-spring sinter, and palagonite were eroded from the uplifted blocks and deposited in neighboring subbasins. It is during this stage that the large hot-spring precious-metals bearing prospects evolved. Displacements of over 150 m on a few faults within the zones and possible reversal of the sense of displacement along the zones occurred in this final stage of development. Locally, the fault zones were remobilised during the subsidence of the cross-cutting western Snake River plain. The intragraben fault zones within the Oregon-Idaho graben illustrate the relations among syntectonic volcanism and sedimentation and the evolution of geothermal systems within continental rift systems.

Jan 1, 1995

By A. H. Summers

The La Choya mine is located 55 km south of Sonoyta in northwestern Sonora, Mexico. Mineralization is controlled by a 40 meter thick thrust fault zone which created a permeable host for the metal-bearing hydrothermal solutions. The ore body is mined by open pit using wheel loaders and truck haulage. Gold and silver are recovered from low grade ore by heap leaching followed by carbon adsorption.

Jan 1, 1997

By A. D. Pittuck

Refractory minerals .containing uranium and columbium have been successfully treated at Queen's University, Kingston, to produce high-grade concentrates. Recoveries of over 90 per cent of the uranium and columbium have been obtained when treating concentrates containing euxenite, fergusonite, betafite, and pyrochlore. The processes ?consisted -of leaching the columbium with hydrofluoric acid, and the uranium with nitric acid, sulphuric acid, or sodium carbonate solutions. The leach liquors were extracted with organic solvents from which the values were stripped and precipitated, producing final products assaying 45 to 55 per cent Ob2O5 and 60 to 70 per cent U3Os.

Jan 1, 1958

There is an established need for an inflow of foreign capital if New Zealand is to meet projected growth rates. The Government recognises this and encourages capital inflows especially where there are allied economic benefits such as the access to specialised know-how or export markets. The Government has promulgated certain Regulations which are administered by the Reserve Bank. Under the Capital Issues (Overseas) Regulations 1965, consent is required before any company incorporated overseas can commence business in New Zealand or before an overseas person can borrow or raise any money in New Zealand. A New Zealand company is deemed to be an overseas person if more than 25% of the voting power is held by non-residents. In terms of current policy, overseas companies are permitted to borrow in New Zealand only a limited amount of working capital and some longer term capital calculated on the ratio that their New Zealand owned equity capital bears to their overseas owned equity capital. Wholly owned overseas companies are expected to bring all of their Fixed term capital from overseas.

Jan 1, 1971