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By U. S. Chattopadhyay

The estimated requirement of the nation by the year 2020 is approx. 80 Mt of steel and more than 0.2 million MW installed capacity of the electricity, thereby increasing the consumption of the coking and non-coking coal, which is expected to be in tune of about 75 Mt & 500 Mt respectively. One of the major deleterious factors in achieving the goal is the deteriorating quality of the feed coal used in both steel and power industries. Indian coking coals, in general, are typified by high ash, high inert (both organic and inorganic), low rank, low reactive macerals content, heterogeneous petrographic make-up, inferior coking properties and poor amenability to washing, thereby necessitating suitable washing measure. Coke-based steel industries in India require washed coking coal containing ash % varying between 17-19. The situation demands taking on immediate challenges to fill up the gap between the requirements and supply of coking coal. This paper reviews the R&D attempts in this laboratory and throws light on the key measures as long-term solution to the problem. Search for alternative source of coking coal, like LVC coal and their judicious preparation technology. The low volatile coking coal (LVCC) constitutes about 50% of the total coking coal reserves in India. These coals are characterized by high raw coal ash content (37 to 40%) and very difficult washability potential. If these coals are treated in the existing washeries, which are generally 2 or 3-product systems, the cost of clean coal is high as the byproduct sale value is low. It has been proposed to produce a new type of by product, which enjoys high demand and good coking properties.

Sep 1, 2012

This paper provides a summary on the use of the POL YCOM high pressure grinding roll (HPGR) for increasing extraction in copper leaching. The energy-efficiency and significant hydrometa1lurgical benefits of the HPGR result in better acid-curing, higher solution application rates, improved copper extraction from various copper minerals and better recovery from high acid consuming ores. The HPGR's metallurgical features such as micro-fracturing, better liberation of disseminated and veinlet copper, increased oxygen and lixiviant penetration lead to higher copper extractions than achieved by conventional crushing. Flowsheet options, operational characteristics and applications for various copper ores are outlined.

Jan 1, 1996

By Robert W. Thomas

LEACHING of mined-out areas at the Arizona property of the Ray Mines Division, Kennecott Copper Corp., was started on Jan. 20, 1.937, and by July 1, 1938, 10,000,000 lb. of copper had been produced by this method. Leaching operations at present are confined to the western portion of the ore body and over an area of approximately ten acres. The ore in this area was extremely high in pyrite and the copper content, which averaged slightly in excess of 1 per cent, was the result of incomplete secondary enrichment by solutions which apparently worked laterally from the main ore body. Above the ore was an unaltered zone of primary or protore averaging 125 ft. in thickness and containing approximately 0.6 per cent copper. Above this was the capping or leached zone averaging 50 ft. thick.

Jan 1, 1938

By Rick Bearce, Minsu Cha, Mike Mooney, Yuanli Wu, Lisa Mori

"Proper soil conditioning is critical for effective earth pressure balance (EPB) TBM tunneling. Chamber pressures can reach 3-5 bar yet the vast majority of testing is performed under atmospheric conditions. This paper illustrates how pressure influences foam stability and conditioned soil behavior, and how atmospheric test results must be viewed in the context of expected chamber pressures. Torsional shear strength, compressibility and abrasivity of foam conditioned sand were found to be ideal when the void ratio was above the ASTM-determined maximum void ratio, achieved by sufficiently expanding the soil grain structure with foam, herein when the foam injection ratio at pressure exceeded 45%. Otherwise, the engineering properties of foam conditioned sand were not ideal, i.e., appreciable torque and abrasivity, low compressibility. INTRODUCTION Proper soil conditioning is critical for effective earth pressure balance (EPB) TBM tunneling. The formation soil at the cutterhead must be transformed into a highly compressible, low shear strength and low permeability medium within the excavation chamber to allow effective EPB performance. This behavior must be maintained for a certain residency time while the soil is in the chamber and screw conveyor. The vast majority of published studies on conditioned soil behavior have been performed under atmospheric conditions (Quebaud et al., 1998; Bezuijen et al., 1999; Psomas and Houlsby, 2002; Vinai et al. 2008; Thewes et al., 2012; Peila, 2014); however, the desired soil behavior must occur under chamber pressures that can reach 5-7 bar. The influence of pressure on conditioned soil is significant and is dramatically different than behavior under atmospheric pressure (Williamson et al., 1999; Mori et al., 2015). This paper illustrates how pressure influences conditioned soil behavior and how atmospheric test results must be viewed in the context of expected chamber pressures. The influence of pressure on foam bubble size (including with time) is shown through digital image analysis. The influence of pressure on foam half-life is also investigated. The compressibility, shear strength, and abrasivity of conditioned soil under pressure is presented and explained in terms of density, soil and air compressibility and porosity."

Jan 1, 2016

By N. Naude, L. S. Leal Filho, M. P. Tshazi

In this paper, the authors performed experiments in the Denver and Leeds laboratory flotation devices at the University of Pretoria at various particle sizes to evaluate the performance of the devices. Quartz was used in a single mineral system at discrete sizes fractions, -25 μm, +25- 45 μm, +45-75 μm, and +75-106 μm. Hydrodynamic analysis, based on dimensionless power and Reynolds numbers, indicated that the Leeds cell required higher power input to achieve comparable flow conditions. Specifically, the Leeds cell exhibited an average power number of 1.03, whereas the Denver cell averaged 0.77 within the same impeller speed range of 1000 rpm–1500 rpm. For comparative flotation performance, impeller speeds were calibrated, resulting in operating speeds of 1200 rpm for the Denver cell and 1400 rpm for the Leeds cell. The cells performed similarly at two coarser-sized fractions. However, some deviations were observed in the finer particle size range. The -25 μm (fine) fraction initially achieved a recovery of only 15%. An additional reagent dosage was required to enhance the recovery of this fraction significantly. These findings highlighted the influence of particle size on flotation recovery. For all experiments, the Denver laboratory flotation cell outperformed (defined by higher recovery) the Leeds device, while still operating at a lower impeller speed. This advantage can be attributed to its impeller-stator design and air dispersion features, effectively overcoming slurry resistance and resulting in superior flotation performance compared to the Leeds cell.

May 27, 2025

THE North Mount Lyell Mine is situated on the southern side of Mount Lyell at an altitude of 1750 ft. above sea-level. The average rainfall is 117 in., and there are generally several light falls of snow during the year. Despite the heavy rainfall, which is fairly evenly distributed over each of the twelve months, the climate is equable and not unduly rigorous, and, provided that the mine employee is suitably clad, it is only on exceptional days that he experiences any discomfort by becoming wet journeying to and from the mine.The majority of employes reside at Queenstown, and are conveyed by special trains to and from the top of the haulage, which is less than a mile from the mine. The mean surface temperature at the mine is 46° F., with a maximum variation from 26° F. to 85° F., the relative humidity generally being higher than in other districts. The rock temperature is 48° F. on the 200-ft. or Main Adit level, and 54° F, on the 1200-ft. level, giving a rise of 6° F. for 1000 ft. in depth.The ventilation of the mine is natural, the downcast being served by the Crown and Blocks shafts and the Crown mullock pass, and the upcast air is carried away from the workings by the Main shaft and the Nos. 1 and 2 mullock passes. The quantity of air circulating varies from 25,000 cub. ft. to 35,000 cub. ft. per minute, the greater quantity moving in the colder weather. The downcast air in traversing the wet shafts becomes saturated and enters the level at the rock temperature of 54° F. in winter and about 56° F. in summer, while temperature readings of the outcast air indicate that it varies very little.In the southern end of the mine the Blocks shaft downcast air upcasts through the different stopes, and their mullock passes, to the level above for each level to the 700-ft. level, where it passes to one of the main uptakes. The prown shaft downcast air supplies...

Jan 1, 1927

By Robert K. Steunenberg, Irving Johnson, James B. Knighton

The activity coefficient of plutonium in liquid magnesium, over the temperature range 650° to 800°C, was obtained from measurements of the distribution of plutoninm between a 50 mole pct MgC12-30 mole pct NaCl-20 mole pct KC1 molten-salt mixture and liquid Zn-Mg alloys. For dilute solutions (0.08 at. pct Pu) the activity coefficient of plutonium was found to vary from 10.1 at 650°C to 12.2 at 800°C. The activity coefficients of plutonium in dilute liquid solutions of plutonium in uranium, silver, lanthanum. cerium, and calcium were estimated to be. The distribution data indicate a value of about 0.1 at 800°C for the activity coefficient of PuCl3 dissolved in the above ternary salt mixture. LIQUID magnesium and several liquid alloys of magnesium with metals such as zinc and cadmium have been shown to be useful solvents in pyrochemical processes for the recovery of uranium and plutonium from discharged nuclear fuels,' and for the separation of transuranium elements.' The present study was undertaken to determine the activity coefficient of plutonium in liquid Pu-Mg alloys in support of process-development work. The activity coefficient of plutonium in liquid magnesium was determined from experimental data on the distribution of plutonium between a liquid ternary MgC12-NaC1-KC1 salt mixture and various liquid Zn-Mg alloys. The distribution data were used to calculate the ratio of the activity coefficients of plutonium in liquid zinc and in liquid magnesium. The activity coefficient of plutonium in liquid magnesium was then computed from the known activity coefficient of plutonium in liquid zinc. It was not necessary to know the thermodynamic properties of the molten-salt system explicitly. The major features of the Pu-Mg system have been reported by Schonfeld.3 At the temperatures of interest in the present study, i.e., above about 600°C, the phase diagram indicates the existence of a wide liquid-miscibility gap, with the plutonium-rich liquid containing about 8 at. pct Mg and the magnesium-rich liquid containing about 10 at. pct Pu at the intersection with the solidus regions. Additional data on the compositions of the two equilibrium liquid phases obtained in this laboratory4 have defined the miscibility gap up to the consolute temperature (at about 1040°C). EXPERIMENTAL PROCEDURE AND RESULTS Materials. The 50 mole pct MgC12-30 mole pct NaC1-20 mole pct KC1 salt mixture was prepared by melting the required proportions of reagent-grade NaCl and KC1 with anhydrous MgC12. The molten salt was then purified by contacting it with liquid Cd-30 wt pct Mg alloy (at 450°C) to reduce oxidizing impurities, followed by filtration through a stainless-steel frit (pore size, 65 µ) to remove solid MgO formed during the reduction. The purity specifications of the zinc, magnesium, and plutonium were 99.999, 99.8, and 99.85 pct, respectively. Apparatus. The liquid salt and metal were contained in a tantalum crucible inside a graphite secondary vessel. The crucible assembly was located inside a resistance-heated stainless-steel furnace tube. The furnace tube was closed by means of a stainless-steel cover, which was attached by bolts, with a neoprene O-ring serving as a gas-tight seal. The top of the furnace tube was water-cooled to protect the O-ring. The furnace-tube cover was provided with a tantalum thermowell, a tantalum stirrer, and a port through which sampling tubes could be inserted and materials could be added to the melt without admitting air to the furnace tube. Vacuum and an argon atmosphere were available through a side-arm on the furnace tube. The furnace temperature was regulated by a proportional controller that was actuated by a chromel-alumel thermocouple between the furnace tube and the heating elements of the furnace. The melt temperature was measured by means of a chromel-alumel thermocouple in the tantalum thermowell. The accuracy of temperature measurement was ±3°C. The salt and metal phases were intermixed by a motor-driven tantalum paddle positioned at the liquid interface. The tantalum crucible was provided with four baffles to increase the turbulence. The sampling tubes consisted of 1/4-in.-OD tantalum tubing that terminated in a tantalum frit (Kawecki Chemical Co.; average pore size, 30 µ). Procedure. The zinc, magnesium, plutonium, and salt were charged to the tantalum crucible; then the system was evacuated and filled with argon. The melt was brought to the desired temperature, and agitated for 1 to 2 hr. After allowing the salt and metal to separate, both phases were sampled. Filtered samples were obtained by immersing the end of the sampling tube in the liquid and increasing the argon pressure sufficiently to force the liquid salt or metal through the frit into the tantalum tube. The sample was then partially withdrawn into the cooler portion of the furnace tube and permitted to solidify before being removed. The temperature sequence for sampling at each magnesium concentration was 800°, 700°, 600°, 650°, and 750°C. The composition of the liquid-metal phase was varied by incremental additions of magnesium in a series of experiments at low magnesium

Jan 1, 1967

By M. Portal, L. Goicochea

This study is carried out in the Zenit mining concession, which is located in the city of San Pablo in the department of Cajamarca in Peru. The Project has 33 mineralized structures and according to laboratory analyzes we have the presence of gold and silver. The geostatistical evaluation provides an analysis on the distribution of precious metals in the vein. This information is used to improve the efficiency of metal extraction and to reduce costs. The general objective is to evaluate the polymetallic veins (Au and Ag), for which the classification of resources (measured, indicated, and inferred) has been carried out, taking into account the parameters of minimum distance from the composite, corresponding volume and tonnage calculation. In addition, an inventory of estimated geological resources was carried out with the block grades obtained to generate the tonnage-grade curves.

Feb 1, 2024

By Zhao JC, Chen JJJ

A water/air model was developed to simulate the refining of molten aluminium by the sparging of gas through an impeller. The optimal gas dispersion depends upon selecting the correct gas rate for a given impeller rotational velocity to prevent flooding or channelling. Correlations illustrating this flooding behaviour exist for standard impellers within standard tank geometries. However the validity of these correlations has not been substantiated for gas dispersion in high temperature molten metals with non-standard tank and impeller dimensions.

Jan 1, 1995

The eighth annual RMCMI Mine Rescue Evaluation was held during the 1999 Institute convention at the Crested Butte Marriott Resort, Colorado. [ ] Elliott Tsosie, Mary Rowell, Janna Aune, Guy Horton, Art Saenz and Bill Balaz were pleased with the 1999 Mine Rescue Program, The Mine Rescue committee is but one of 17 volunteer committees; this one co-chaired by Bill Balaz, Elliott Tsosie and Janna Aune. There were three evaluators, Art Saenz, Western Environmental; Mary Rowell, ProCare and Guy Horton, Horton Rope Rescue. Nine teams participated and brought 89 participants, 26 spouses, nine children and five teens. The teams were BHP LaPlata, BHP Navajo, BHP San Juan, all from Farmington, NM; Bridger Coal Co., Rock Springs, WY; The Coteau Properties Co., Beulah, ND; Northwestern Resources, Jewett, TX; Powder River Coal Co., Gillette, WY; Solvay Minerals, Green River, WY and Western Energy Co., Colstrip, MT. To observe were members from Centralia Mining Co., Centralia, WA. [ ] Evaluators: Mary Rowell, Guy Horton &Art Saenz The three professional evaluators provided challenging scenarios for the Mine Rescue participants on the grounds of the resort property. Some attending convention were alarmed to see stretchers with "victims" and phoned the hotel switchboard to report the catastrophe. Team members had no prior knowledge of what the scenarios might be and derails were provided only as they arrived at the scenario location, with one exception. Seven to ten or more articipants make up each team. Some teams also ring an alternate and team trainer. For identification purposes, the "victims" wore white shirts emblazoned both front and back with a red VICTIM designation. There was a staged demonstration by three response teams who had not previously worked together. This was enacted on the convention floor following a Technical Session meeting attended by about 200 members. Three response teams from BHP's Navajo and San Juan Mines together with Coteau Properties' Freedom Mine provided a demonstration of their response skills. For never having worked together before, they presented a very professional enactment. This is described at length in the Welcome Session copy. Training sessions were held Saturday and Sunday to enable the teams to prepare for the scenarios. A swap meet was Saturday evening for teams to swap hats, shirts, belt buckles, stickers etc. Each participant received a royal blue golf shirt and ivory cap with royal blue bill. Culmination of the Mine Rescue program was a Tuesday morning Awards breakfast when teams were presented with jade acrylic plaques. [ ] Teams participating in the Mine Rescue Evaluation received trophies on Tuesday morning. The captains above represent BHP-La Plata, BHP-Navajo, BHP¬San Juan, Bridger Coal Co., The Coteau Properties Co., Powder River Coal Co., Solvay Minerals, and Western Energy Co. Sponsors who contributed financially to the 1999 Mine Rescue program were Balaz & Associates, CMC, Civil Constructors, Colstrip Electric, Farmington Fire Equipment & Safety, Fisher Safety, Flanders Ellctric Motor Service, Magnum Metals, Richard Palmtag, Rocky Mountain Electric Motors, Sedona Consulting and Western Water Consultants. [ ] Evaluator Art Saenz likes to have the upper hand and will take whatever steps necessary to get it.

Jan 1, 1999

By T. E. Masoner

The struggle to get the minerals industry seriously interested in high intensity wet magnetic separation* has been difficult. The high capital cost of the equipment, the lack of basic research, the lack of operating information, and the diverse characteristics associated with different minerals and ores have prevented the development and use of HIMS-W on a wide scale. The Climax Molybdenum Company, a Division of American Metal Climax, Inc., located at Climax, Colorado, was among the first companies in the Americas in recent years to support the development of HIMS-W to recover weakly magnetic minerals on a large scale. The Climax Molybdenum Company, one of the world's largest underground mines, processes about 40,000 tons per day of ore, from which about fifty million pounds of molybdenum disulfide are produced each year. By-products include tungsten, iron pyrite, tin, and some monazite.

Jan 1, 1968

By T. Mahlangu Mahlangu, T. Fungene, K. C. Sole

"Although oxygen is widely employed as the oxidant of choice in gold leaching by cyanide, its low aqueous solubility presents some drawbacks in practical application; hydrogen peroxide has therefore been considered as a possible alternative. The aim of this investigation was to study the catalytic decomposition of hydrogen peroxide, which generates an oxidizing intermediate species, and to understand its effect on cyanide destruction. Operating conditions that facilitated the effective decomposition of hydrogen peroxide were established by varying the pH and catalyst type and concentration. The oxidizing intermediate, detected using an indirect technique, was found to be the hydroxyl radical (OH?). OH? is commonly generated in acidic solutions, but this work demonstrated that it is also produced at the alkaline pH values necessary for cyanide gold leaching. The effects of free and complexed iron and copper catalysts on the oxidation and consumption of hydrogen peroxide and cyanide were also investigated. It was shown that the cyano complexes of Fe(II) and Cu(I) are also effective as decomposition catalysts. Hydrogen peroxide concentrations above 0.01 M decreased the free cyanide concentration, which was attributed to the probable formation of the cyanate anion (CNO-). Although cyanide consumption increased due to its oxidation in the presence of OH?, excessive cyanide consumption in the presence of copper was attributed primarily to its complexation by the unstable copper(I) cyanide species. Rate constants for the decompositions of H2O2 and cyanide by ferrocyanide and copper cyanide were calculated; the latter was identified as being a better catalyst. IntroductionLeaching of gold from its ores using cyanide has been employed for well over a century (Habashi, 2016). Addition of cyanide converts the gold into a cyanide complex (Au(CN)2 -) that is soluble in water (Wang and Forssberg, 1990). The leaching reaction can be represented as Equation [1]:"

Dec 1, 2018

By R. M. Smailer

Detailed description of the development of the FIOR process1 and, subsequently, other technical papers relating to the operation and start up of the FIOR plant2,3 are available in the technical literature. The Fluidized Iron Ore Reduction (FIOR) process plant constructed in the Matanzas region of Venezuela represents the first commercial application of this technology. The FIOR process was developed by Exxon Company during the 1950's and 1960's; and the facility in Venezuela was designed and constructed by Davy McKee with the plant start up in 1976. While there is a minority government ownership in the company, FIOR de Venezuela operates as a private sector company with the majority of the ownership being private capital.

Jan 1, 1981

By William Breeding

Cuando un ingeniero recibe información sobre el yacimiento de un dueño de la propiedad, su forma de investigar dependerá de los equipos que estén a su alcance y costo. En ese sentido, el texto señalará la evaluación técnica que el ingeniero técnico debe conocer para estimar las reservas que satisfagan las aspiraciones del interesado. Así, el evaluador que trabaje para una compañía estable y cuente con equipos y personal entrenado en la vecindad de la propiedad, tendrá una labor mucho más fácil que un evaluador en un sector remoto donde no haya equipos y personal entrenado disponibles. El primero podrá empezar el trabajo sin mucha demora, mientras que el segundo necesitará semanas o meses para prepararse.

Mar 1, 1978

By M. Misra, J. Nanor

The precipitation and removal of arsenic from process waters can be accomplished with addition of lanthanum chloride alone or in conjunction with ferric sulfate. The long term stability of these corresponding precipitated compounds is critical from the disposal stand-point. In this paper the characterization of ferric, lanthanum and lanthanum-ferric arsenate compounds formed at room temperature in acidic and alkaline pH is presented. The characterization techniques used included zeta potential, XRD and SEM. Zeta potential measurements of ferric and lanthanum hydroxides in the presence of arsenate indicate that oxyanions of arsenate are chemically adsorbed onto the positively charged surfaces of these hydroxides. In alkaline pH there is desorption of arsenate species from the ferric hydroxide surface, hence the product is thought to be unstable. On the contrary, lanthanum arsenate is stable in alkaline pH. XRD patterns show that the ferric arsenate formed in acidic and alkaline pH is amorphous, whereas lanthanum arsenate and lanthanum-ferric arsenate formed in acidic and alkaline pH are crystalline.

Jan 1, 1999

By Milton Blander

"A review of concepts and theories for predicting thermodynamic solution properties of multicomponent high temperature liquid solutions is reviewed. During the last 50 years the ability to predict such properties for molten salts, silicates and metals based on the generally known properties of the lower order (often binary) systems has been developed and shown to provide predictions which are quite useful in science and technology. There are many gaps in our understanding of these high temperature solutions, especially for metals, and considerably more work is needed.INTRODUCTIONA number of solution theories and concepts have been developed which reliably predict the properties of multicomponent solutions from those of the lower order systems (often only the binaries). Because there is available data for a large fraction of the important binaries, the capability for making predictions for many multicomponent systems used in metallurgical separation processes is broad and potentially very useful. At the very least, the theories greatly minimize the data necessary for predicting properties of complex multicomponent solutions of molten salts, silicates and metals. It is the purpose of this paper to discuss the concepts which are demonstrably useful. We will discuss simple forms of the theories to make the concepts clear but we will refer to the publications which contain the more complex equations needed to treat the large majority of systems.A simple framework for understanding what we need to know in order to make technologically useful predictions is based on well known thermodynamic principles. In technologies and sciences where molten salts, slags magmas or molten metals are used or studied, one must often calculate the extent of a chemical reaction (or separation) or of phase changes. To do this, one must first write an equilibrium constant, K, for the reaction in terms of the standard free energy change of the reaction, ?G°."

Jan 1, 1996

The Penetrating Cone Fracture (PCF) technology 1 is a new method of rock excavation developed by Sunburst Excavation, Inc. of Denver, Colorado. PCF is a rock excavation method which employs tensile breakage mechanisms under controlled conditions to enable the continuous excavation of rock?in underground and some surface applications. The technology has developed rapidly over the last two years to the point where it is now being prepared for commercial application in the mining and civil construction industries. The initial commercial application of PCF will be undertaken at the Perseverance Nickel Mine of Western Mining Corporation Limited in Western Australia beginning in May, 1994.

Jan 1, 1994

By M. H. Basiri

Crude oil, as a central commercial commodity, is tied to major economic activities in all nations. Also its price fluctuation plays a significant role in global political and economic situation, as a change in the price invariably affects the cost of other goods and services. Therefore reliable forecasts of the price of oil are interest for a wide range of applications. Several approaches have been proposed over the past few years. These may divide into three categories; artificial intelligent, statistical techniques and hybrid methods. The neuro-fuzzy is one of the sub divisions of hybrid method, containing neural network and fuzzy techniques. In this paper a novel forecasting model based on adaptive neuro-fuzzy inference (ANFIS) is proposed to predict monthly crude oil price. To be able to train and test the model, the statistical data from 1990 to 2010, was obtained from West Texas Intermediate oil prices. The results are compared with a multi criteria regression analysis, it is demonstrated that the neuro-fuzzy lead an accurate and more promising forecast.

Jan 1, 2012

By Marcelo R. Esquivel

A MmNi5 alloy is synthesized by a combination of mechanical milling and low temperature heating processes. Synthesis time is 40 h for powders milled in a low energy ball mill at room temperature. A reduction in milling time is obtained if massive sample is mechanically milled at shorter times (2 h to 10 h) and heated at temperatures lower (600 ºC) than the usual temperatures used in equilibrium methods (>800 ºC). The alloy formation is detected even at a combination of temperatures as low as 200 ºC and milling times as short as 5 h. The temporal evolution of mechanical milling process was followed by both X-ray diffraction (XRD) and scanning electron microscopy (SEM) to detect the main stages of milling. Four stages were detected: Initial, Intermediate, Final and Completion. These stages were correlated to an enhancement of the synthesis method by combination of times of milling shorter than 10 h and temperatures of heating lower than 600 ºC.

Jan 1, 2006

By R. W. Diamond

PUBLIC debts, and the policies guiding public finance in Canada today, are in such a state that every intelligent citizen should be familiar with them, and should be concerned about them. None of you have robe reminded that taxes have already risen to a point where they both annoy and hurt you, but they should also alarm you; alarm you, not so much because of the taxation, but because of the mounting expenditures represented by that taxation. I have no hesitation, therefore, in presenting a paper dealing with public finance at a meeting of the Mining Institute, since all present are concerned,. both as individuals and as representatives of the industry. Moreover, it is important that engineers, particularly, should become better acquainted with the interlocking relationships of economics, public finance, government, and technology. While I am neither an economist, a tax expert, nor a chartered accountant, I shall try to tell you, from my viewpoint as an engineer and an interested voter, the story of public finance in Canada today and of certain causes and effects, and I shall venture certain conclusions. In doing so I may merit criticism by experts, but I will risk this in the hope that sufficient interest will be stimulated in the subject to persuade you, as individuals and as groups, to advance, or to institute, your own studies in public finance, and in turn to interest others. I hope that some of the ideas which will be expressed, or which may develop, will bear fruit. I fully realize that several eminently qualified men have spoken on this subject during recent months, and that many authoritative articles have been written. However, I approach it with confidence, because I propose speaking to you not as an authority, bur as one of you, having similar interests and similar engineering knowledge, who only a few months ago became particularly interested in the subject, studied it, and who now sets before you a summary of his findings, with the conviction that the situation is so serious that constructive planning and constructive action by all thinking citizens are imperative.

Jan 1, 1939