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By S Dorrington, J Olsen, N Kinkaid

Several studies have been conducted on the economic analysis of mining near-Earth asteroids for resources for use in Earth orbit. While these studies use detailed economic figures of merit, they often use many invalid assumptions in the trajectory design. Factors such as the energy and propellant requirements are estimated with analytic methods, however, the stay-time at the asteroid and the spacing of repeated launch opportunities are not taken into account. The work outlined in this paper attempts to combine detailed trajectory design methods with newly defined economic figures of merit to improve the economic assessment of asteroid mining missions. The study focuses on asteroid 2014 EK24, a near-Earth asteroid with very Earth-similar orbital properties.CITATION:Dorrington, S, Kinkaid, N and Olsen, J, 2015. Trajectory design and economic analysis of asteroid mining missions to asteroid 2014 EK24, in Proceedings Third International Future Mining Conference, pp 281–288 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Nov 4, 2015

By Joseph Blake Smith

Coal resource data from published sources and company files were used by the Bureau of Mines to determine the location and extent of strippable coal reserves in Wyoming. Total strippable reserves of 23 billion tons were estimated in seven major coal areas. Seven large strip mining operations were active in 1969, and their production totaled 45 million tons of coal. Cutoffs used to define strippable reserves were (1) minimum coalbed thicknesses of 5 feet; (2) overburden-to-coal ratios of less than 10 cubic yards of over- burden per ton of coal; and (3) total overburden thicknesses of less than 120 feet, except where reserves occur in multiple beds or a single thick bed. Tertiary rocks along margins of the Powder River basin contain most of the strippable coal reserves in Wyoming. The Wyodak beds, ranging in combined thickness from 30 to 1.30 feet, crop out on the east flank of the basin and contain an estimated 19 billion tons of strippable subbituminous C-rank coals under less than 200 feet of overburden. Partings between these beds total less than 60 feet. The 100- to 200-foot-thick. Healy bed on the western flank of the basin and the 35-foot-thick School and 20-foot-thick Badger beds on the south also contain large strippable reserves. Elsewhere in Wyoming, strippable reserves. Elsewhere in Wyoming, strippable deposits are subbituminous coal of Late Cretaceous and Tertiary ages, mostly in the Hanna and Great Divide basins in the south-central portion of the State and in the Kemmerer-Hamms Fork region in the southwestern corner.

Jan 1, 1972

By Charles N. Speltz

Coal resource data from public and private sources, in conjunction with previously published data, were used by the Bureau of Mines to determine the location and extent of strippable coal resources in Colorado. Total strippable resources of approximately 18 billion tons were estimated in 12 separate coal regions, fields, or deposits. Coal recoverable by contour mining techniques was not included. Criteria used in defining strippable resources were a minimum coalbed thickness of 2 feet and a maximum overburden thickness of 150 feet, except where the coalbeds are of exceptional thickness. Ail Colorado coal is either Cretaceous or Tertiary in age. Cretaceous coals occui In the Dakota Sandstone, the Mesaverde Group, and equivalent formations while Tertiary coals occur in the Dawson Arkose, the Fort Union and the Wasatch Formations, and equivalent formations. The strippable coal ranges in rank from bituminous in the Yampa region to ligniferous in the Denver basin. Ali this coal is low in sulfur content (less than 1 percent); ash content is low to high; heating value ranges from 3,000 to 12,000 Btu's per pound. Ash from the lignite of the Denver basin was found to contain an abnormally high percentage of kaolinite which conceivably could be recoverable as alumina.

Jan 1, 1976

By C. Jack Powell

TVA's involvement in air quality programs is perhaps a bit unique. The Tennessee Valley Authority was established in 1933 as a regional resource development agency and therefore must view clean air and clean water as essential resources for the overall development of the Tennessee Valley region. TVA operates certain resource development and production facilities, including power-generating facilities, which are potential air pollution sources. The remarks in this paper will be restricted to air pollution control technology at power-generating stations. Perspectives of Air Pollution Control The art of pollution control must be viewed from several perspectives: 1. It must be viewed in a time perspective--what is available now for air pollution control, what might be available in the near future, what are the likely technologies for the more distant future, and what the future trends in availability of resources might be. 2. Each air pollution abatement scheme must be viewed in the perspective of its total environmental consequences--not just its ability to clean up the air. The generation of electricity from coal produces waste gases, waste particulates, and waste heat. These wastes must be disposed of either in water, in air, or on land. If the polluting wastes are removed from the gas streams going into the air, then they must be disposed of either on land or in water or, hopefully, converted into a product which has some beneficial use. As an example, removal of S02 from stack gases could be more readily accomplished if one could dump waste sulfur products in water. He would solve an air pollution problem by creating a water pollution problem. 3. Techniques for air pollution control must be viewed in the perspective of regional, national, and world resources with their national security and economic implications. The power industry might reduce air pollution by switching generating plants to burning desulfurized fuel oil or natural gas.

Jan 1, 1972

Southeast Alaska's mining industry has come to life after nearly 50 years of relative dormancy. Commencement of operations of the Greens Creek Mine in 1989 marked a turning point in the industry as the first large scale mining operation in the region since closure of the Alaska-Juneau Mine in 1944. The Greens Creek Mine is now the nation's largest silver producer. Other large scale mining projects are now on the drawing board, including development of the Kensington Mine and reopening the Alaska-Juneau Mine, which could become North America's largest underground gold mine. The region's mining industry includes more than these large scale projects, however. For example, a significant level of mineral exploration occurs each summer in Southeast Alaska. In addition, mining operations in British Columbia and Yukon Territory are generating jobs and income in Southeast Alaska.

Jan 1, 1992

I. Domestic Production and Use: In 1981, 13 companies operated 32 primary aluminum reduction plants, with 3 firms accounting for 58% of production, Washington, Oregon, and Montana accounted for 32% of the total production; Texas, Louisiana, and Arkansas 16%; Tennessee, Alabama, South Carolina, and North Carolina 17%; other central and eastern States 35%. Based on published producer prices output of primary metal in 1981 was valued at over $7.5 billion. Aluminum consumption by 25,300 firms was centered in the East Central United States. Packaging accounted for an estimated 30% of domestic consumption in 1981, building 21%, transportation 18%, electrical la%, consumer durables 8%, and other uses 13%

Jan 1, 1982

By Ziyad Abunada, David O’Connor, Fei Jin, Abir Al-Tabbaa

"In-situ remediation of contaminated land with deep mixing can enable a multi-technique remedial strategy on the same site combining low permeability barriers, permeable reactive barriers, stabilisation/ solidification treatments as well as ground improvement, delivering significant advantages over alternative strategies. This was the core objective of Project SMiRT (Soil Mix Remediation Technology) which involved the execution of the largest research field trials in the UK to date to provide field validation for this technique. Around 800m3 of soil were treated on a contaminated site in Yorkshire in May 2011 with 6 different treatments, testing ~40 binder compositions and 10 different installation methodologies. Field monitoring, testing and coring activities at the site took place within the first 2 months after treatment and then again at 34 months after treatment. This paper presents an overview of the field activities to date and some 3-year results and assessment of a subset of the treated soil sections. Some good correlations are seen together with some clear differences between treatments. There is generally an observed consistency with depth, with the mixing effectiveness having a more profound effect than the binder composition or content, within the tested materials and ranges. These field trial activities are currently being used in the development of the full-scale commercial remedial strategy for the site.INTRODUCTION AND OVERVIEW OF PROJECT SMiRTWhile there are strong financial and environmental incentives to remediate and redevelop brownfield sites there are also barriers including fear of the unknown, regulatory control, delays, increased costs and the stigma associated with such sites. Hence the remediation process needs to be conducted in such a way to maximise the incentives and overcome the barriers, which is how deep mixing found its niche in the land remediation market. Soil mix technology is such a versatile technique that can perform a number of remediation treatments on the same site. These include low permeability in-ground barriers (cut-off walls), permeable reactive barriers (PRB), stabilisation/solidification (S/S) treatments, other additive related remediation, e.g. in-situ chemical oxidation and bioremediation, as well as soil amendments for greening and also ground improvement all on the same site (Al-Tabbaa et al, 2011). Placed in the context of alternative solutions, soil mix technology could potentially replace the five techniques shown in Figure 1, which would be required to deliver the same treatments mentioned above. Treatment trains strategy, where a combination of techniques in succession are used to both reduce the contamination levels and deal with residual contamination, is becoming common in land remediation and the use of one set of equipment to deliver this would bring about significant financial advantages. In addition, soil mix technology has many other advantages in terms of speed of implementation, elimination of exposure to contamination, elimination of off-site disposal and low cost. Soil mix technology for the remediation of contaminated land emerged in the UK in the mid 1980s and has since been employed in over 30 or so projects, which far exceeds its application to ground improvement for which only a handful of jobs have been carried out to date."

Jan 1, 2015

By Grant C. Lukey, Jannie S. J. van Deventer

"The environmental effects of the mining and mineral industry include destruction of natural habitats, changes in river regimes and water tables, and other serious ecological impacts. In this century, it is likely that water will become a critical resource, and in most countries the mining industry competes for a share of this resource. The Kyoto Protocol may at first seem only relevant to the coal mining and power industry, however, it should not be forgotten that the mining and mineral industry is a significant consumer of power. Therefore the ratification of the Kyoto Protocol by most developed countries and the introduction of a carbon credit trading scheme will impact on the industry by potentially increased costs in utilities and waste discharges. It is clear therefore that the mining industry faces many challenges in the coming years. The mining industry?s commitment to sustainable development needs to continue to evolve, in order to meet these challenges effectively. With the advent of globalisation of the industry, it is now an opportune time for the industry to gain international agreement on how they want the industry to achieve sustainability in future years; such a progressive approach is necessary, otherwise government will force the industry to change, which may not necessarily be the best outcome for the industry.INTRODUCTIONThe Earth Summit in Rio de Janeiro in 1992 was an opportunity for world leaders to assemble and discuss strategies and initiatives that provide for further industrial growth without adverse effects on the environment. The World Summit on Sustainable Development held last year in Johannesburg, South Africa, was an opportunity to evaluate those initiatives implemented over the past 10 years, and to set a new and sustainable direction for the future. It is clear that industrial and technology development will continue at a rapid pace in order to serve the needs of a growing world population, but it is essential that the course of this development is well planned, well executed, and that it is sustainable. In reality, while government officials and politicians continue to debate policy and international protocols, the environment continues to suffer and the effects of climate change and global-warming become more real each day."

Jan 1, 2003

By B. Genc, P. Malepfane

This study proposes a new approach to reduce the environmental impact during surface mining by improving environmental factors through the incorporation of carbon footprint into strategic mine planning. Two key variables were analysed by contrasting and comparing the baseline and optimised models generated. These variables include net present value, which helps determine the financial feasibility of the mining models and their carbon emissions. The variables were analysed by using linear regression, Spearman’s correlation, a P-value hypothesis, and an exponential decay test. Results show that at Mine A the projected net present value was 62% higher than when running a baseline model. Furthermore, the net present value from the baseline model portrayed a high rate of decay at 0.667 versus 0.118 from the optimised model. This indicates the baseline model’s sensitivity to long-term project timelines and fluctuating markets. The optimised method presents an opportunity to manage emissions during the high operational costs phases. It is represented by a 31% improvement in carbon emissions during the periods of high operational costs, whilst maintaining a positive net present value when compared with the baseline model. It was shown that the optimised model presents a better chance of achieving financial feasibility and balancing environmental impact, thereby ensuring that Mine A can align with the environmental aspect of economic, social, and governance principles through lowering the carbon footprint resulting from its hauling operations.

Jan 30, 2026

By David J. Hatem, K. Bhattarai

The increasing popularity of alternative methods in delivery of underground infrastructure projects has given rise to innovative and collaborative contracting strategies to allocate and manage the unique risks associated with the work. This paper presents approaches and recent examples of how risk has been dealt with using various alternative delivery methods, including Progressive Design Build (PDB) and Construction Manager/General Contractor (CM/GC). Based on the experience gained from these examples, recommendations for an innovative and collaborative risk baselining approach using contingency sharing are presented that should advance the overall goals of equitable risk sharing and compensation.

Jun 13, 2023

By J. F. Burr, D. P. Snyder, G. W. Luxbacher

"The Mine Improvement and New Emergency Response Act (MINER Act) of 2006 (PL 109-236, 2006) established the Office of Mine Safety and Health, functioning as the Office of Mine Safety and Health Research (OMSHR) within the National Institute for Occupational Safety and Health (NIOSH) and provided authority for awarding contracts related to the development and implementation of new mine technology and equipment. The OMSHR external contracts program was formed in accordance with the MINER Act and has since issued more than 150 contracts focused on worker health and safety. Initial funding for this program was provided by the United States Congress through two emergency supplemental appropriations and was focused on emergency oxygen supply, communications and tracking, and refuge chambers (also referred to as refuge alternatives). Since the MINER Act, Congress has continued to fund the program through the annual NIOSH mining appropriation. The program was supplemented starting in 2009 with an academic capacity building program directed toward developing university tenure-track faculty and facilities and supporting graduate students in the area of mine ventilation. Ground control was added as an additional focus area in 2011. A short synopsis of each contract is published on the NIOSH Mining website (www.cdc.gov/niosh/ mining/researchprogram/contracts/index.html) and final reports are available in digital form on request. A summary of the progress OMSHR has made over the 10-year period since the Act was published previously (Snyder et al., 2016).External contracts are broadly classified by the following areas:• Communications and tracking.• Emergency response.o Self-escape and breathing air supply.o Refuge alternatives.o Escape and rescue.• Equipment safety.• Fires and explosions.• Ground control.• Mine environmental systems (mine ventilation and atmospheric monitoring).• Worker/workplace health and safety.Contracts are issued under a request for proposal (RFP), through a broad agency announcement (BAA) or under an interagency agreement (IAA). An RFP solicitation includes a specific problem description and a well-defined scope of work to guide the offeror in preparing a bid to conduct the research. Under the BAA several problem areas are described and the offeror develops the scope of work and deliverables for the proposed research. An IAA is very similar to an RFP except it is a contract between two federal government agencies."

Jan 10, 2018

By Suzie Poulin, N. Geoffroy, G. P. Demopoulos

Most metallurgical industries generate toxic waste that must be treated prior to being released to the environment. However, in a lot of cases, the waste materials are poorly characterized or the analytical results are not well interpreted. These shortcomings often result in the development of inefficient industrial procedures, thus causing economic waste and difficulty meeting environmental regulations. Fortunately, a wide range of analytical techniques are available to guide researchers and engineers into making sound process development decisions. In this work, an industrial selenium and mercury removal process is used as an example to illustrate the application of X-ray photoelectron spectroscopy (XPS), scanning electron microscopy (SEM) coupled with Energy-dispersive X-ray spectroscopy (EDX) and powder X-ray diffraction (PXRD) on solid waste. Furthermore, samples of analytical results are presented and interpreted and the modifications to the industrial process that resulted are explained. Finally, a brief description of the advantages and limitations of the aforementioned analytical techniques is given with an emphasis on industrial solid waste material.

Jan 1, 2011

By Jamal Rostami, Omid Frough, Wei Hu

Characterizing the abrasiveness of soil/rock and the allowable wear of hard-facing products in various conditions is a critical factor in selection of the best material for certain applications related to drilling and excavation in mining and construction industries. The Soil Abrasion Index test machine at Colorado School of Mines (CSM) is one of the recently developed unique systems capable of testing soil/crushed rock abrasion under various conditions, such as dry, wet, and saturated settings. It is also capable of testing the performance of various types of hard-facing materials in a given geo-material. This paper studies the wear properties of different hard-facing materials in various crushed rocks from a surface mining operation in the iron range region of the USA. The hard-facing materials include regular and hardened steels and six different specialized hard facings, based on chromium carbide. The soil/rock include a standard sand and two rock samples from the surface mine. Fourteen abrasion tests were conducted, where the weight loss of each hard-facing material was measured over timespans up to 1 h of testing. The results show the distinct performance differences between the steels with 17 HRC and 43 HRC hardness and the hard-facing products for this application. The results show the possibility to evaluate the abrasiveness of different rocks at a mine or construction site and the performance of various hard facings in similar working conditions. This is a practical solution for selection of the cutting tool or reinforcement of bucket lips and truck beds for comparison of relative wear life between different wear-resistant materials.

By K Eglinton

The extractive industries response to community engagement due to social and political pressures in the 1980s and 1990s was the starting point of development leading to the modern function of corporate social responsibility.Challenged by communities who have greater access to information, demand greater transparency and responsibility of corporate organisations and who possess greater awareness of the communities they participate in, the mining sector faces another step change in how it approaches and integrates corporate social responsibility, transparency and engagement.Mining is seeking reserves of lower grades, in more sensitive environments and in countries with minimal transparency and governance. Not only are the locations changing but so to the stakeholders to engage with and issues to contend with. An increasingly savvy opposition, including not just the ‘green hippies’ but the Gen-Ys interested in the wider sustainability debate and Baby Boomers moving to life style environments, are now questioning mining’s behaviour and encroachment into ‘their space’. Issues including effect on lifestyle amenity, property value, energy efficiency, social provision; concepts such as ‘doing more with less’, participatory engagement, increasing transparency and balancing economic, environment, cultural and social aspects are becoming the norm.The traditional model of supporting local communities, communicating plans and providing employment, community investment and indigenous support programs is not enough. Our industry faces challenges on multiple fronts. It must now be able to address these from a personal/community perspective if it is to remain relevant within communities and play a role in addressing the global sustainability issues.This paper draws on corporate social responsibility trends, integrated functions and implementation approaches through the application of activities within Newmont operations across Asia Pacific.The approach presented works on the philosophy that communities do not necessarily have to like what we do, but should be able to identify and recognise the way in which we involve them in decision making, communicate our intentions and respond to issues.

Nov 22, 2011

By Robert C. Merritt

This report describes laboratory as well as pilot heap leaching investigations of low-grade sandstone ores from Wyoming, New Mexico, and Colorado. Sodium carbonate-bicarbonate solutions containing sodium hypochlorite extracted up to 86, 54, and 16 percent U308 from Wyoming, New Mexico, and Colorado ores, respectively. Ammonium carbonate-bicarbonate solutions containing sodium hypochlorite were less effective at leaching these ores. Acid leach in replicate pilot plant testing resulted in U308 extractions of 96, 88, and 81 percent from the Wyoming, New Mexico, and Colorado ores. The development of cost-effective processes for extracting uranium from low-grade ore is essential to the assurance of a continuing domestic supply of uranium.

Jan 1, 1977

By James W. Martin

This user's manual analyzes the application, selection and performance of front-end loaders in mining operations which can effectively utilize their load-and-carry capability. All aspects of the application are considered starting with a discussion of the load-and-carry system and alternate material handling methods. Site conditions such as the geology of the formation, material characterisitics, alternative mine plans and working conditions are identified. Selection considerations include machine design characteristics, production capabilities and ownership and operating costs. Typical operating practices and safety procedures are discussed. Comprehensive machine specifications, together with a series of checklists and worksheets, are included for preliminary analysis.

Jan 1, 1981

By S. Banisi, A. Ghasemi, S. Zare, F. Ghorbani, E. Nematollahi

"Comminution is the most energy intensive operation which constitutes the major portion of operating and capital costs of the mineral processing plants. Working at the maximum operating capacity of comminution equipment plays a significant role in the efficiency of the circuit. Appropriate design of cone crusher feed box could result in the choked crushing which is known as a vital factor in achieving target performance. In this research, the non-uniform cone crusher feeding at the Sarcheshmeh copper complex was studied and appropriate measures were taken to solve the problem. The problem resulted in non-uniform and high wear rate of crusher liners and high fluctuations of power draw. In recent decades, the discrete element method (DEM) has been applied successfully to study the effect of different factors on the behavior of particles flow. In this work, various designs for feed box were tested using an in-house developed DEM software called KMPCDEM©. The best feed box design obtained from the simulations was selected, constructed and installed in of the cone crushers. The new feed box design resulted in more uniform feed distribution on the distributor plate of crusher indicated by a reduction of the standard deviation of power draw measurements from 13 to 3 kWh. The better control of the crusher, 49% increase in the crusher throughput and finer and narrower product size distribution were the main outcomes of the installation of the new feed box. Furthermore, the wear rate on mantle and liners of crusher not only decreased but it also became uniform.INTRODUCTION Comminution is the most energy intensive operation which constitutes the major portion of operating and capital costs of the mineral processing plants. Reaching the maximum operating capacity in comminution equipment is a key sign of approaching the nominal productivity of the process. Due to the effect of crusher efficiency on the downstream circuit performance, optimization of the crushing circuits has received considerable attention (Herbst, & Potapov, 2004; Quist, & Evertsson, 2010; Li, Huiqi, McDowell, Glenn R, Lowndes and Ian, 2014; Cleary, Sinnott, Morrison, Cummins, & Delaney, 2017). Improving the performance of crushing circuits not only decreases the capital and operating costs but also increases the efficiency of downstream grinding circuits (Jacobson, Janssen, & Urbinatti, 2010). In cone crushers particles can be subjected to two different modes of compressive breakage; single particle breakage (free feeding) and inter-particle breakage (choked feeding). The maximum efficiency of the cone crusher directly depends on the type of feeding arrangement (Operation Manual, 1977). An appropriate feeding must lead to choked feeding the cone crusher. If the rate and method of feeding the crushers are correctly be executed, the maximum efficiency of the crushers could be available (Jacobson et al., 2010)."

Jan 1, 2018

By Christopher Jon Preston, Troy Williams, Daniel Roy

There has been significant progress made with narrow vein gold mines in which a second option for crushing has begun to attract attention. To ensure the profitability of a mine that has based its economics on the absence of a crusher station, more than just best blasting practices are required. Using a blasting operation itself as a primary crusher would undoubtedly save enormous capital costs as well as eliminate some of the costs of crushing ore with the result that considerable savings might be realized. The challenge would be to define the conditions necessary to make this type of operation feasible by providing consistent blasting methods that result in a significant paradigm shift with respect to both blasting and current underground crushing methods. A break model has been developed and applied as a technique in designing blasting patterns based on a unit charge blasting geometry and stress reflection from free faces. There are four components to this model and these are 1) unit charge, 2) thermodynamic/energy, 3) stress reflection, and 4) radial break. Some important changes in timing between holes and rows based on rock properties and the percentage of burden moved were also used. On-site testing at a narrow vein gold mine in Quebec Canada, provided measured parameters for the model. No underground crusher was planned - relying only on the fragmentation profile generated by ring blasting. The specification for muck was that the fragmentation profile needed to be 100% < 400 mm (16 in) with no overbreak - with dilution less

Jan 1, 2019

By D Tanzil, H Jones

Every mine will close! Charting a profitable course through mine operations to acceptable mine completion requires that risk and opportunity management planning of the mine life begin as early as possible in the life cycle. Management targets and metrics are required to identify and navigate the course to successful mine completion based on economic, social and environmental criteria. This paper outlines the application of The Metrics NavigatorÖ principles to the life cycle of a mine site. In general, metrics are required to make key strategic ideas apparent, transforming those ideas into a manageable set of quantitative measures that guide communication and decision making. For example, the chemical industry has established metrics that focus on the life cycle impacts of its products and eco-efficiency of their processes. Other industry sectors have focused attention on workplace and community well-being outcomes. These management metrics are necessarily organisation-specific, aligned to stakeholdersÆ expectations and the strategic outcomes sought, as well as the cause-and-effect relationships underlying key issues. Recently, the Global Environmental Management Initiative (GEMI), a consortium of multi-national companies, developed The Metrics NavigatorÖ. The guidance document provides a structured process for assessing and developing metrics for key environmental, social, and economic issues based on business and stakeholder perspectives. It incorporates best practices learned from the chemical and other industry sectors and has since been applied to develop metrics that guide life cycle strategies. The paper examines how the life cycle of a mine site could benefit from experiences in other industry sectors where sustainability metrics have guided strategy. It considers the potential application of The Metrics NavigatorÖ process to the life cycle of a hypothetical Australian mine site using the processes that have been successful in other industry sectors.

Jan 1, 2009

By Louis J. Sousa

This Bureau of Mines report examines aggregate trends in foreign direct investment in the U.S. mining and mineral processing industries between 1977 and 1984, and provides an analysis of foreign investment in several major mineral commodity industries. In 1984, 11.1 pct of total employment in the U.S. minerals industry was at firms that were U.S. affiliates of foreign firms. In 1985, the proportion of U.S. capacity held by foreign investors in nine major mineral commodity industries was as follows: steel, 5 pct; silver, 16 pct; lead, 18 pct; aluminum, 25 pct; zinc, 26 pct ; copper, 30 pet; cement, 32: pct; gold, 44 pct; and ferroalloys, 56 pct. Almost 90 pct of the total foreign investment in the U.S. minerals industry was accounted for by eight countries-Canada, the United Kingdom, France, Federal Republic of Germany, Switzerland, Japan, Australia, and the Republic of South Africa. The most fundamental reason behind the growth in foreign investment in the U.S. minerals industry has been that an increasing proportion of U.S. mineral firms and assets have been for safe, while foreign mineral companies have been the ones most willing and able to purchase these firms and/or their assets. mile the growth in foreign ownership in the minerals industry has not been without controversy, it has helped save jobs, reduce the minerals trade deficit, and- from the national defense perspective-maintain the Nation&apos;s overall mineral and metal self-sufficiency at reasonably high levels. In the absence of domestic buyers, foreign investors have helped to maintain a viable domestic minerals industry.

Jan 1, 1987