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By Thomas Cox

This paper makes no claim to any new idea; it simply reviews the Treasury Department Regulations pertaining to the practical application of depreciation and depletion and other allowances governing taxation of oil and gas properties. Other methods may be existent, but as they may not conform to the legal status they must be discarded. In complying with the present laws governing the industry with regard to taxation and the allowable deductions therefrom, the following considerations are essential: Depletion, depreciation, amortization, other allowances, and items not, deductible. It is definitely understood that depletion is the loss or exhaustion sustained in the continuous operating of an oil and gas property, and that each unit of oil or gas taken out reduces the value of the property until its final exhaustion. Depletion applies only to the natural deposits of oil and gas due to their removal in the course of exploitation of any property. Depreciation is defined to cover the waste of assets due to exhaustion, wear and tear, and obsolescence of the physical property, and is separate and distinct from depletion; its allowance is that amount which should be set aside for the taxable year in such sums as for the useful life of the property will suffice to repay its original cost—or its value as of Mar. 1, 1913, if acquired by the taxpayer before that date—less the salvage value at the end of such useful life. Amortization is allowed for such facilities as were built or acquired on or after Apr. 6, 1917, for the production of articles contributing to the prosecution of the war and, in the case of vessels, those built and acquired after that date. The amount to be extinguished, in general, is the excess of the unextinguished or unrecovered cost of the property over its maximum value under stable post-war conditions. Claims for amortization must be unmistakably differentiated in the returns from all other claims of depreciation. The taxpayer is also required to furnish full information with the claims for amortization to the full satisfaction of the Commissioner. Further reference is directed to the specific rules and regulations for making these claims.

Jan 1, 1921

The potential of the developed multi-dimensional analysis system to assist interpretation from large data sets through derived digital mapping models is presented accompanied by preliminary results. The concept learning model is original and its application general. Applications exist in general science, engineering, earth resource management and economics. The developed system incorporates advances in machine learning, neural networks, object-oriented software engineering, knowledge representation and fuzzy logic. ' The specific application presented involves automatic earth resource modelling and assessment involving geological theories of mineral potential. The developed system functions as a new and powerful mineral exploration tool, To date the model has been trialled on an earth resource database and several published data sets. A more general potential application is knowledge discovery within databases. The specific theory that is tested in the experimental results is the nature of the cause-effect relationship between the hypothesised geological causes and the measured effects within a previously published test survey. Also integrated here are a neurophysiological cerebellar model of human learning, a new concept similarity measure for pattern recognition, modelled components to explain human concept formation through knowledge discovery and a means of permanent representation.The implementation is as a new artificial neural network architecture functioning as a hybrid expert system. Understanding of programmed concept learning is extended through the model. Also established is a basis for a new approach to multivariate data analysis. Spatial analysis for decision support is integrated over many dimensions, relationships, data types and data modes. Application of the developed methodology and system adds value to data bases. Discovered knowledge is represented as new generalisations, interpolations, classification hierarchies, aggregations and associations within a dynamic, maintainable and reusable integrated knowledge framework. New digital knowledge products and intelligent access follow. Permanently stored, maintainable, easily accessible and discovered knowledge improves decisions through extended hypothesis testing, spatial data analysis and inferencing, prediction, logical deductions and explanations.

Jan 1, 1995

By D. Boufounos

The large open pit areas of surface mining as well as the huge quantities of residues generated during the digestion of bauxite with sodium hydroxide solution to produce alumina are considered as the most important environmental problems associated with the exploitation of bauxites. Aluminum of Greece, which is the only aluminum refinery in the country, located in Agios Nicolaos, Paralia Distomou, Viotia, produces almost 680.000 tones of bauxite residue annually which is pumped through pipes from the refinery to the sea bed of Antikira gulf. In order to avoid any kind of environmental problems related to this disposal method and to reduce the total volume of bauxite residue disposed of in the environment, Aluminium of Greece investigates several alternatives for bauxite residue utilization. In this framework, it also examines the potential use of bauxite residues as a filler in abandoned mining open pits. Bauxite residues are mainly composed of fine particles of silica, aluminum, iron, calcium and titanium oxides and hydroxides. Furthermore, the material presents low hydraulic conductivity, slightly higher than the limit posed for low permeability layers by the EC landfill directive. Based on these properties the dry disposal method was selected for disposing bauxite residues in mining open pits since it has many advantages such as reduced overall disposal cost, effective use of land and minimum environmental impacts. The results obtained for this method, which is investigated at demonstration scale, are presented in this paper.

Jan 1, 2005

By J. Douglas Gibson

In Canada, the economic climate for mining is still warm, but a noticeable chill set in last November when the Government published a White Paper on tax reform known as the Carter Report. Moreover, this chill could drop to a freeze injurious to the whole Canadian economy if two of the proposals in the Carter Report are adopted. The offending suggestions call for an end to (1) the depletion allowance and (2) the three-year tax holiday for new mines. Both of these tax incentives have played a major role in the postwar development of the Canadian economy and will, if undisturbed, play an even more important role in the future. The fact that they have worked and worked well is evident from the record. Fruits of an Industrial Beanstalk Excluding fuels, the value of Canadian mineral production was just under $3 billion in 1968-almost nine times as much as in 1946. With fuels included, the figure is $4.25 billion, or almost ten times as much as in 1946. Proportionately, this growth far exceeds that of Canada's manufacturers or of her economy as a whole. Table I traces the overall mineral production growth by principal products. Of particular interest here are petroleum, iron ore, natural gas, sulfur and potash, the combined production of which has grown from little or nil to a point where it now accounts for more than 40% of Canada's mineral output.

Jan 1, 1970

By Mayer TE

The Granites Goldfield is located 550 km northwest of Alice Springs. Mineralisation was discovered in 1900 and intermittently worked along nine km of strike until the early 1950's, yielding a recorded production of 470 kg of gold. The geological environ- ment, pre-existing exploration drilling results, and an optimistic view on gold, prompted acquisition of the property by North Flinders Mines Limited in 1975. An agreement was signed with the Central Land Council in August 1983 and drilling commenced in the same month. In the past, gold was won from alluvial deposits, rich quartz veins and lower grade, disseminated stratabound mineralisation. The last is contained within a distinctive unit in the Mt. Charles Beds, of the Early Proterozoic Tanami Complex. This informally named "Host Unit" is a metamorphosed, chemical- pelitic sediment. The schist contains variable proportions of amphibole, quartz, garnet, clinopyroxene, carbonate and sulphide, inter- calated with recrystallised chert beds. Free gold occurs in several mineralised horizons within the Host Unit, generally conformably distributed within lithologic bands or at lithologic contacts. The Host Unit occurs within a sequence of metamorphosed pelitic sediments and intermediate volcanics. Although mostly confined to the Host Unit, stratabound gold mineralisation also exists in both Footwall and Hanging Wall Schists, usually within zones displaying certain Host Unit characteristics. The deposits may be loosely categorised as being of banded iron formation (bif) type, although some important differences are noted between them and classical bif type orebodies.

Jan 1, 1984

By T. Egleston

FOR several years I have been engaged in studying the behavior of iron' and steel under varying conditions of tension and compression, as well as of shock and abrasion. Some of these observations have been communicated to the Institute at various times. Within the past year I have been looking at the various observations that I have made as a whole, and have been led to the conclusion that there is a regular law of fatigue and refreshment of metals, and that the change which produces either the fatigue or refreshment is a chemical one, which is, however, in almost all cases accompanied by physical and molecular changes at the same time. That metals under conditions that were more or less well understood became worthless, has been known for many years. It has been known to blacksmiths that iron and steel, when improperly treated in their fires, become "burned," as they call it, and could no longer be used, and some of them have had a scrap heap into which such material was thrown. A few of them knew that after a period more or less long the iron or steel recovered some of its original properties and could, with many precautions, again be used, but that these phenomena followed any law has not to my knowledge been announced. My attention was first attracted to the varying conditions under which iron and steel rails break in service. It was not long before I became convinced that there was a general law applicable to all metals which allowed of their being used with safety within certain limits, and caused their rupture when the use extended beyond these limits, and this law I have called the law of fatigue of metals. When we observe the causes of deterioration in iron and steel rails, we find that they are principally shocks, either slight and frequent, like those produced by the passing of a train over a road-bed in good order, which produces a vibration. sensible to the ear laid on the rail, for very long distances, but distinctly audible for only a short one; or from sudden and heavy blows, like the descent of the locomotive and each car successively from a high to a low rail. * Read at the Montreal Meeting, September, 1879.

Jan 1, 1880

The National Mining Hall of Fame and Museum in Leadville, CO seized the opportunity to show off during its 10th anniversary induction banquet on Sept. 6. "We wanted to make people more aware of the mining hall of fame and museum," said Carl Miller, its executive director. The annual event honors inductees into the Mining Hall of Fame. This year, the inductees included Paul Wheeler Allen, Joseph Rosenblatt, Arthur Fay Taggart, Joseph Toy, Joseph Wharton and John Benjamin Zadra (ME, August, pp. 60-63). Allen, of Pasadena, CA and Rosenblatt, of Salt Lake City, are both living. Only Allen was able to attend. This year's induction banquet was the first held in Leadville, North America's highest incorporated city, at 3,094 m (10,152 ft) above sea level. The banquet gave attendees an opportunity to see the museum in its century-old 6,500-m2 (70,000-sq ft) Victorian schoolhouse. Many of the 350 guests came in 1890s dress to the black-tie affair. The evening included a cocktail reception and an open house along with a catered, prime rib dinner. During the open house, attendees had the opportunity to tour the museum's 12 rooms of exhibits and displays. Among items of interest, it was noted that a framed directory of inductees now enhances the entrance to the hall of fame. The directory is organized by the inductees' names and the location of their plaques, allowing visitors to quickly find hall of fame members. Noted mining historian and author Duane Smith delivered the keynote address at the banquet. After the induction of the six honorees, attendees danced to the big-band era music of the Leadville 17-piece band BandAge. Karl Elers was the master ceremonies for the evening's program. He is a member of the hall of fame's board of directors and is chairman of Battle Mountain Gold Co. Allen was honored by the presence of 26 former colleagues and associates. He told the audience that he originally thought the museum should have been located in Denver. "But I have been proven wrong," he said. For many years, Allen was the operational executive of Cyprus Mines Corp. and a key participant in the company's growth. Allen received a replica of his mining hall of fame plaque from Thomas Falkie, chairman of the hall of fame's board of governors and president of Berwind Natural Resources Co.

Jan 1, 1997

By M. B. Standing, D. L. Katz

Equilibrium data are reported on the composition and densities of coexisting vapor and liquid phases as a function of Pressure and temperature for four hydrocarbon systems prepared from crude oil and natural gas. The data were observed over a range of pressures from 1000 to 8220 Ib. per sq. in. and at temperatures ranging from 35' to 250°F. The compositions of the hydrocarbon systems were such that the critical temperatures of the mixtures were lower than the range of the investigation. Under these conditions, it is shown that the composition of the systems has a marked effect upon both the absolute value of the equilibrium constants and the change of the constants with pressure for the several components comprising the system. From weight-balance considerations, it has been possible to construct the partial phase diagram of a mixture of a 49.9" A.P.I. crude oil and natural gas having a gas-oil ratio of 3660 cu. ft. per barrel. Descriptions of the apparatus used, the analytical procedure, the material used, and the equilibrium measurements are included. A knowledge of the physical behavior of naturally occurring hydrocarbon mixtures is fundamental to the treatment of many problems in the production, transportation and rehing of petroleum. The recent discoveries of pools having formation pressures up to 7500 lb. per sq. in. and higher, and the development of full-scale equipment to operate at pressures of 5000 lb. per sq. in. or more have greatly increased the need for knowledge of the composition, temperature, pressure and density relationships of coexisting vapor and liquid hydrocarbon phases. The following paper presents the results of investigations upon 22 mixtures of natural gas and crude oil of known com~o~itio~ that had been brought to equilibrium under controlled conditions of temperature and pressure. Data are presented upon the densities and compositions of the coexisting vapor and liquid phases for four different systems containing hydrocarbon material having boiling points from minus 2 5S°F. to well over I000 F. The data were observed Over a pressure range from Iooo Ib. per Sq. in to 8220 lb. Per sq. in. and a temperature range from 35' to 2 50°F. The accepted method of computing the physical relationship between two coexisting phases of a hydrocarbon mixture is by use of the "equilibrium constant" K as proposed by Souders, Selheimer, and Brown. definition,

Jan 1, 1944

By M. B. Standing, D. L. Katz

Equilibrium data are reported on the composition and densities of coexisting vapor and liquid phases as a function of Pressure and temperature for four hydrocarbon systems prepared from crude oil and natural gas. The data were observed over a range of pressures from 1000 to 8220 Ib. per sq. in. and at temperatures ranging from 35' to 250°F. The compositions of the hydrocarbon systems were such that the critical temperatures of the mixtures were lower than the range of the investigation. Under these conditions, it is shown that the composition of the systems has a marked effect upon both the absolute value of the equilibrium constants and the change of the constants with pressure for the several components comprising the system. From weight-balance considerations, it has been possible to construct the partial phase diagram of a mixture of a 49.9" A.P.I. crude oil and natural gas having a gas-oil ratio of 3660 cu. ft. per barrel. Descriptions of the apparatus used, the analytical procedure, the material used, and the equilibrium measurements are included. A knowledge of the physical behavior of naturally occurring hydrocarbon mixtures is fundamental to the treatment of many problems in the production, transportation and rehing of petroleum. The recent discoveries of pools having formation pressures up to 7500 lb. per sq. in. and higher, and the development of full-scale equipment to operate at pressures of 5000 lb. per sq. in. or more have greatly increased the need for knowledge of the composition, temperature, pressure and density relationships of coexisting vapor and liquid hydrocarbon phases. The following paper presents the results of investigations upon 22 mixtures of natural gas and crude oil of known com~o~itio~ that had been brought to equilibrium under controlled conditions of temperature and pressure. Data are presented upon the densities and compositions of the coexisting vapor and liquid phases for four different systems containing hydrocarbon material having boiling points from minus 2 5S°F. to well over I000 F. The data were observed Over a pressure range from Iooo Ib. per Sq. in to 8220 lb. Per sq. in. and a temperature range from 35' to 2 50°F. The accepted method of computing the physical relationship between two coexisting phases of a hydrocarbon mixture is by use of the "equilibrium constant" K as proposed by Souders, Selheimer, and Brown. definition,

Jan 1, 1944

By F. Djahanguiri

The US Bureau of Mines con¬ducted research on underground stope leaching of metalliferous ores. Leaching underground would minimize the environmental impact of ore processing on the surface and would maximize minable reserves. An important aspect of this process is the minimization of pregnant solution losses and groundwater contamination by leach solutions. Bulkhead design and construction are important issues for solution control and stope-leaching economics. A reinforced-concrete bulkhead was designed, constructed and tested for solution control in an underground mine near Idaho Springs, CO. This paper presents the bulkhead-design methodology and construction procedure.

Jan 1, 1997

By S. G. Haycocks, M. Karmis, C. Haycocks

Risk assessment is a primary factor in the decision to mine some near surface orebodies, such as limestone, by either surface or underground methods. Identification and quantification of risks demonstrate that environmental concerns are greater for surface operations than underground, and may include such factors as runoff, spoil piles, aesthetics, dust, and large site reclamation. Risk assessment also includes local public feeling towards surface and underground operations while considering the balance between environmental impacts and the economic effects of mining on the local community. A complete understanding of the risks involved permits a comprehensive and accurate comparison between the two mining alternatives.

Jan 1, 1992

By Frank L. Nason

RECENT explorations with a diamond-drill, originated and conducted by Mr. J. A. Van Mater, Superintendent of the Lehigh Zinc and Iron Company, have revealed some very important geological facts, which, it is believed, will be of special practical interest to mining engineers. During these explorations the writer was frequently called in consultation, and hence the facts here recorded are almost entirely the results of personal observation. The franklinite-deposit upon which the explorations were conducted has a long continuous outcrop. Figs. 1, 2 and 3 give a map and sections. Beginning at the extreme southern point,

Jan 1, 1895

By W. W. Schmittroth, A. Y. Bethune

The commercial analysis of Special High-Grade zinc usually involves the determination of lead, iron, copper and cadmium as impurities in the base metal. Over the past 20 years, as the result of metallurgical improvements in the art of producing Special High-Grade zinc metal there has taken place a gradual exclusion of almost all extraneous elements, and the few that do remain in the final product have been virtually reduced to the vanishing point. Thousands of tons of zinc are now commercially produced annually and made available to the trade, in which impurities are present only in the order of 0.0010 per cent or less and the sum total of all impurities does not exceed 0.0025 per cent. To such zinc the term "super-purity" might well be applied without undue exaggeration. The techniques used for production control and final analysis of Special High-Grade zinc by means of emission spectra in the laboratories of the electrolytic zinc plant of the Sullivan Mining Co. are based on the premise that self-electrodes are to be preferred over all other forms for the examination of the zinc in question. Furthermore, after a survey of the literature and considerable experimental work,' it was decided that the spectrographic method of internal control, the principle of which was first announced by Gerlach,2 using a modification of the high-voltage alternating-current arc source introduced by Duffendack and Thompson,3 with the calibration of each photographic plate as recommended by Wolfe,4 would yield the most accurate and reproducible results. Self-electrodes were chosen in order to make use of one of the unique advantages inherent in spectrographic analysis; namely, the rapid and almost effortless detection of elements other than those being quantified by the analyst; or conversely, the proof that the zinc is free from such impurities if no spectral line of the suspected element appears. This fact was verified for certain elements, and will be discussed later. Carbon electrodes impregnated or packed with zinc salts chemically prepared from the zinc to be assayed were avoided for a number of reasons. First, the chemical manipulation was another time-consuming step, which increased the chances for contamination. Second, none of the common zinc salts, such as the chloride, nitrate or sulphate, yielded reproducible results under our conditions, nor did the spectral line of the impurity appear as readily in the low concentrations as when using zinc metal. Third, no commercial carbon, except the very expensive, was pure enough to use with this grade of zinc and the continued time, effort and expense incurred in the purification of carbon were not desirable. The use of special High-Grade zinc self-electrodes introduces certain complications with regard to obtaining satisfactory excitation conditions, because it seems necessary to raise the temperature

Jan 1, 1949

By K. Fujita, T. Kikuchi, Y. Sakamoto

Ceramic fibers were classified as a category 2 carcinogen by The European U legislation. Therefore we developed non-fibrous insulating castable which utilizes n porous aggregate, which is composed of Calciumhexaluminate. Although at beginning we applied alumina cement as binder for non-fibrous insulating castable, kind of formulation had a poor resistance to spalling. We developed non-fibrous insulating castable without alumina cement. This solved a problem which pre\ formulation had a poor resistance of spalling. We applied a new non-fibrous insub castable for reheat furnace in steelworks, then we could achieve good result which condition equivalent to ceramic fiber insulating castable.

Jan 1, 2004

By Wang Xuguang, Kang Tingzhang, Zhang Xiaozhi, Wang Guoli, Li Ziqianga

Emulsion powder and granule explosive is produced through airflow fluidization technology by using W/O emulsion. Maintaining the microstructure of W/O emulsion, it has the advantages of both emulsion explosives, such as good water-resistance and detonation properties and powder explosives, such as low cost and east handling. The basic theory of emulsion powder and granular explosive, choices of constituents and formulation, technology for preparation, equipment and relevant parameters, product property as well as technology for safe use have been illustrated in this essay. Based on the above illustration, related factors influencing property and use result have been analyzed.

Jan 1, 2000

The detailed engineering of a coal preparation plant is important from the point of view of optimum constructibility, operational security, ease of maintenance, operating costs, meeting environmental goals, safety, plant housekeeping and reduced corrosion and erosion. This paper reviews the several large coking coal preparation plants engineered by Fluor Australia in the past 10 years, and changes and trends apparent for detailed engineering of future plants. Areas of engineering to be covered are coal feed preparation, conveyor design, plant layout, electrics and instrumentation, noise attenuation, erosion and corrosion protection, magnetite handling, rejects and tailings disposal and coal stockpiling and blending.

Jan 1, 1982

By R. C. Dorward

DIFFUSION considerations are necessary to describe many technologically important metallurgical and physical processes. Since most commercially important alloys are comprised of more than two components, diffusion calculations applicable to binary systems are often unjustified. However, in many instances the more general equations valid for three-component systems may be employed. The phenom-enological description of ternary diffusion is now well-established,1-4 and the theory has been applied with some success to a few practical situations.5"7 The flux equations for the solutes (components 1 and 2) of a ternary solution may be expressed by:

Jan 1, 1969

The present practices in electro-refining of copper are shown to be the result of piecemeal and gradual improvements and innovations as metallurgists responded to changing cost pressures and the availability of new technology.Major changes were inhibited by capital cost restraints and a reluctance to build unproven ideas into new plants.It is suggested that the level of technology available today, combined with the greatest cost pressures the industry has known, call for fundamental re-appraisal and a questioning of widely accepted conventional practices.Examples of the industry reaction to changing pressures are given, and directions for future developments are suggested.

Jan 1, 1985

By O. E. Etheridge Jr., R. A. Lowe, C. I. Basilio, J. M. Randolph, S. W. Sheppard

The low-shear viscosity of kaolin slurries is one of the principal characteristics that determine whether a clay can be utilized for paper and ceramic applications. In this work, the causes of high low-shear viscosity and methods for improving the rheological behavior of the slurries were investigated. The presence of fine-grained smectite impurities within the kaolin was shown to detrimentally affect the low-shear rheology of the slurries produced from these clays. It was also shown that mechanically working (i.e., pugging) a crude kaolin followed by desliming to remove these impurities can reduce the low-shear viscosity.

Jan 1, 2000

By P. Tsang, S. S. Peng

The stability of longwall chain pillars depends not only on the mechanical properties of the coal and surrounding rocks but also on geological and mining conditions. To evaluate the effects of each variable, orthogonal experimental design was employed in a significance analysis. The study concluded that the stability of longwall chain pillars is mainly controlled by the ratio of pillar stress to pillar strength, the ratio of the Young's moduli of roof to coal and floor to coal, entry width, pillar width and the internal friction angle of coal. Additionally, horizontal stress, panel width and mining height also play a significant role.

Jan 1, 1996