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By W. W. Colpitts

To me, as to many other students of railroad needs, the necessity for reducing the dead weight in railroad rolling stock, both passenger and freight, has been apparent for, many years. The problem of weight reduction of passenger cars is so entirely different from that of freight cars, is so much more to the fore at the present moment and would seem to be so much nearer solution, that I shall confine myself in these remarks to the former. On the surface of things there would appear to be no close association of thought between the decline in traffic on the railroads, which is largely responsible for their present deplorable financial condition, and new metal alloys. It sounds like a trick riddle a school boy might propound to his parents. But that there is a relationship between the two, and one that bids fair to be of great mutual benefit to the railroads and the makers of .high-strength metal alloys, I hope I shall be able to show before I have finished. To make the situation understandable to those who are not entirely familiar with the problems of railroad management, and, who feel that the railroads have not moved as rapidly as they should in the direction of greater use of newer materials and newer appliances, I shall have to review briefly the course of recent railroad history. If in this part of my talk I seem to the professional man to be a little off key I feel sure my remarks will be fully appreciated by the business man who cannot understand why he is not making better headway in selling things to the railroads. To do this I shall have to go back to war times for a moment.

Jan 1, 1936

By Benj. Lyman

The Institute, in June, 1881, visited Low Moor in Alleghany County, Virginia, on the Chesapeake and Ohio Railway, seven miles easterly from Covington. Having occasion myself, a few days later, to make a very hasty geological reconnaissance of the iron-ores there, and finding them to be somewhat different in age from what was said to be the opinion of some of those who were there with the Institute, I have thought it worth while to bring the matter up again at the present meeting. According to the opinion quoted, the principal ore-banks belong to the Oriskany sandstone; and that seems to be the view entertained of the same ore in that region by Prof. Wm. B. Rogers in his reports of 1837 and 1838. it is likewise given by Prof. J. L. Campbell in a paper on the Rich-patch iron region in The Virginias for December, 1880 (vol. i., p. 189). A comparison, however, of the section at Low Moor with sections in Pennsylvania, shows clearly that the main ore-bed is the same as that of the bottom part of the Marcellus shales (part of Pa. and Va., No. VIII), a short distance above the top of the Oriskany sandstone (No. VII). The Upper Helderberg limestone is absent at Low Moor, as indeed it is at many places in Pennsylvania, and that is perhaps the reason why the ore has been thought to belong to the Oriskany sandstone. The ores and their accompanying rock-beds, are exposed in three or four folds near the Low Moor iron-mines on Fork Rim and, as described and pointed out by Mr. Geo. T. Wickes, who had in his management of several years' duration become well acquainted with them, are as follows, from above downwards:

Jan 1, 1886

By C. E. Cannon, R. C. Craze

This paper discusses the results of a study of reservoir pressures in the Gulf Coast area of Texas and Louisiana, showing the general relation of the reservoir pressure to its subsea depth, as well as excessive reservoir pressures that have been encountered. The latter are particularly important in mud-control work, and the data show why it is necessary to use muds having a relatively high density in many of the deeper wells drilled in this area. Only a comparatively few of the wells drilled in the Gulf Coast that have encountered excessive pressures are discussed, but as far as is known those omitted fall within the range of pressure observed by the writers. Measurement of Pressures The following methods were used to determine the values of the original pressures: 1. Estimation of original pressure from subsequent pressure behavior of fields. This method is not precise, and was used only in a few of the older fields in which better methods of obtaining original pressures were not available. Only normal pressures were determined by this method. 2. Measurement of shut-in pressures soon after completion of the first producing well. With one exception, all pressures measured by this method were normal, this well having a pressure slightly higher than normal. 3. Measurements of pressure in connection with drill-stem tests. 4. Estimates from the maximum hydrostatic head of mud that failed to prevent flow from the high-pressure formations into the hole. This method is not exact, tending generally to indicate low pressures. Normal Pressures All pressure measurements available are plotted in Fig. 1, with original pressure at the water-oil contact as abscissa and subsea depth as ordinate. All producing fields fall close to the solid line, which passes through the origin and has a slope of 0.465 lb. per sq. in. per ft. By way of compari-

Jan 1, 1938

By Lawrence A. Garfield

From the bottom of a shallow fissure the near-naked man-animal hacked out a hand-sized chunk of the red rock-like material which, when beaten between other rocks, could be drawn out to the thinness of a flint edge. Unlike flint, however, it did not shatter when, as the point for a spear or arrow, it went wide of its mark and fell amongst the rocks or tree branches. For this reason and others, the red rock- like material was specially sought and much time was spent in trying to break it from the real-rock in which it grew. Only infrequently was a chunk broken free and in this area many hours had been spent to win but a few fragments. What luck then, to remove so large a piece where before nothing but real-rock dust formed whenever the stone hammer hit. Why did this happen? Did yesterday's food-fire, burning on top the red rock, loosen its hold on the real-rock and cause it to break free when struck with the stone hammer? It is not a matter of recorded history that the first heat assisted extraction of native copper from country rock occurred under the circumstances or in the manner related but it is known that crude mining operations using these techniques were conducted by primitive man. In this way the first mineral production may have been achieved and the original example of rapid excavation unknowingly given to the world. Rapid excavation is not a method of removing rock or ore from an insitu condition nor does the term refer to a type of equipment which is specifically employed in mining and underground construction. It is, rather, the nomenclature currently popular in industry-primarily in underground construction- relating to a comparative rate of performance.

Jan 1, 1971

By Waldemar Dyrssen

BEFORE discussing the relation between air pre-heaters and waste-heat boilers in conjunction with the open-hearth furnace, it is necessary to have a clear idea about what a preheater can accomplish and what effect it has on the open-hearth furnace, especially from a thermal point of view. It is generally recognized now that the heating of the combustion air in the checker chambers of the open-hearth furnaces is not as efficient as it is-desirable to make it. It is also generally recognized that heating of the air in checker chambers of ordinary construction has its limitations. These limitations are mostly the .space occupied and the cost that would be involved if checker chambers were made larger than according to present practice. There are, however, other. reasons why checker chambers cannot give the highest possible air temperatures. Checker chambers are capable of heating air to very 'high temperatures by using waste gases of extremely high temperatures and, in fact, higher temperatures can be reached with checker chambers than with any other means available. The temperature to which we can heat, air, however, is limited very materially by -the temperature at which the air enters the checkers, be-cause of the fact that checker chambers, as at present constructed, are not efficient in heating air through a wide range of temperatures. In other words, if air in-stead of entering the checker chambers at atmospheric temperatures could enter at about 1000 to 1200 deg. F., the resultant air temperature at the top of the checker chambers would be materially increased. There are now on the market metallic air preheaters which are ex-tremely efficient for preheating air to about 1200 deg. F. Such heaters occupy very little space and can usually be installed at a relatively low cost.

Jan 1, 1928

By Yeliseyev AK, Shestakov AM

Comminution is the most power-intensive process in the technology for ferrous quartzite concentration. That is why improving comminution efficiency leads to the most appreciable economic effect on the concentration process. The trend towards reducing the lump size of crushed ore before charging the mill is considered to be of major importance in improving comminution efficiency. A considerable number of investigations have been performed in this direction. At the same time, a strong interest is also maintained in the increase of comminution efficiency due to optimisation of process taking place in the mill. Recently, investigations of the power intensity of the breaking process inside the mill have been carried out at the Krivoy Rog Mining Institute. It was ascertained that the routine conditions of comminution at a low mill ball charge ratio resulted in an unnecessarily high power consumption due to the force of impact of falling and milling bodies far exceeding the power required for comminution. For example, the power value for falling balls of 60 - 125 mm in diameter reaches 0.3 kNm, and the force and stress due to ball contact with the lining reaches 60 kN and 250 MPa respectively. These values exceed the force required for comminution by a factor of ten. Analysis of the mechanism of ore particle size reduction during comminution in the ball mill indicates that the size reduction is due to impact load, attrition load, and static load. The efficiency of size reduction is very low. During comminution in the ball mill, impact loads prevail and amount to 85 - 90 per cent of the total load. In this situation, not more than 10 - 15 per cent of destruction is due to attrition.

Jan 1, 1993

Endurance Properties of Non-ferrous Metals Discussion of the paper of D. J. McADAM, JR., presented at the Syracuse Meeting of the Institute of Metals Division and issued, as Paper No. 1506-E, with Mining AND METALLURGY, October, 1925. H. F. MOORE,* Urbana, Ill. (written discussion).-This paper says that the results of tests of some non-ferrous metals made at the University of Illinois and in the testing laboratories at McCook Field are abnormal when they do not agree with results obtained by the author. The writer can see no inherent reason why results of the type uniformly reported in this paper are any more normal. The knee of the stress-cycle, or S-N, diagram comes at different lengths of life for different metals. For steel, the knee occurs after from 1,000,000 to about 4,000,000 cycles, and for some non-ferrous metals not before 20,000,000 of 30,000,000 cycles. The writer can see nothing inherently abnormal in finding certain nonferrous metals for which the knee of the stress-cycle curve occurs at 1,000,000,000 cycles or higher. The writer has had experience with both the cantilever and the rotating-beam testing machine, and thinks that the chance of whipping action in the cantilever machine is a more serious handicap than the action the author has pictured. Furthermore, the writer questions whether the author has shown the existence of a clearly marked and definite endurance limit for all the non-ferrous metals he has tested including the following: Nickel (CT and A-16, Fig. 1), monel (CS-5.5 and BK, Fig. 2), bronze (F and CK, Fig. 4), aluminum bronze ( BJb-1, Fig. 6).

Jan 12, 1925

By James Norman

SEPARATION of minerals by froth flotation is rightly called an art. It can truthfully be said that no two ores separate in the same way. The difference in results obtained when natural and synthetic mixtures of minerals are separated is so great that such tests frequently have been worthless in attempting to select conditions in which a natural mixture will separate. With a few rare exceptions, the natural mixture is much more difficult to treat than a synthetic mixture, and a much poorer separation is obtained. Perhaps several experimenters have wondered why 10 or 20 per cent of a mineral being floated from an ore does not float and is different from the 90 or 80 per cent that is recovered. In experimental tests on pure sphalerite, observers1 have noted that varying amounts of sphalerite may be froth-floated with pine oil alone, the amount recovered in the froth depending apparently upon the source of the sulphide. The only explanation of results such as these, barring insufficiency of frother or time of flotation, is that the surface of the mineral floated is different from that of the mineral depressed. This difference often has been found to be caused by natural contamination of mineral surfaces, apparently brought about by weathering and exposure to natural solu-tions. There is virtually no rock that is absolutely unweathered. One of the writers had an exceedingly instructive experience in 1931 while working with United Verde copper-zinc iron sulphide ore in Arizona. Nonselective flotation of chalcopyrite and sphalerite away from some of the pyrite was all that could be accomplished. All known depressants produced only slight effect. Sodium cyanide showed some effect, but so much had to be used that only a small amount of chalcopyrite could be

Jan 1, 1939

By Phoebe L. Hauff, Jeffrey P. Kurtz, Paul D. Chamberlin

Clay minerals can be a source of problems in heap leaching operations. The ore for many heap leach operations is commonly acid-sulfate alteration zone rocks which may be found in hot springs deposits as well as the supergene zone of other near- surface gold deposits. Clays can be important constituents of these ores. Swelling clays, such as smectite, can come loose from the agglomerated ore, migrate within the heap, concentrate in pore spaces and often plug up flow channels in the heap Cement is often added to the ore as a binder during the agglomeration process. Lime is added for pH control. Their presence, combined with the sodium cyanide commonly used to leach, can raise the pH of the leach solution to 10 or even 12. This very alkaline solution can cause dissolution of some mineral Some clays, such as kaolinite, are not very stable in high pH solutions. They can be dissolved and reprecipitated as other clay species if sufficient silica and the appropriate cations are available in solution. Silica gels and amorphous materials can also be created from the dissolved kaolinite and other minerals and act as retardants to the flow of leach solutions in the heap. Therefore, before a heap leach operation is built, the operator should evaluate the clays in the ore and test the agglomeration procedure. It is important to know not only the mineralogy and the chemistry of the leach environment but how the minerals and solutions interact and what the products of this interaction are. A hypothesis is presented in this paper that expanding smectite- bearing clays can be generated within the heap. How and why this happens will be explained.

Jan 1, 1987

By George Sachs, J. Spretnak

The process of recrystallization has not as yet been explained satisfactorily. Some definite conclusions could be drawn from recent investigations, such as, for example, that recrystallization is a process of nucleus formation and crystal growth1 and that the orientations of the nuclei correspond to some fragments of the original crystals, which have been considerably distorted during deformation.2 There are, however, a number of metals and alloys crystallizing in the face-centered cubic system, which form a particularly simple orientation if recrystallized as a sheet.3 Such a shect is almost a single crystal with the cubic axes parallel to the rolling, transverse, and normal directions of the sheet. This preferred cubic or (100) orientation of the recrystallized sheet has been considered to be very different from the rolling structure of the same metals,4 but there are two reasons why this last supposition remains open to controversial discussion. The first reason is academic: In practically all cases except the one mentioned above, close correlations and similarities between rolling and annealing orientations have been observed; for instance, in iron and steel sheet.6 Secondly, no deformed metal actually forms a simple orientation. In any thoroughly investigated case a number of different orientations and considerable scattering or deviations from the ideal orientations have been found.6 It is generally true that investigations on single crystals have shown that a definite orientation is approached in stretching or in compression of an originally undisturbed crystal.7 In the special cases, however, where the initial orientation was close to an important crystallographic direction that differed from the final "ideal" orientation, the resulting orientation changed very little by deformation, staying somewhere in the vicinity of the initial orientation.8 Such deviations

Jan 1, 1940

By Joseph Chalmers, J. S. Desmond, R. Van A. Mills

[Because of the limited space in this volume and the fact that a description covering the oil recovery buildings and equipment (see page 4, Technical Publication No. 144) will be given in a forthcomnig U. S. Bureau of Mines publication, and because the paper was published in detail as Technical Publication No. 144, and is available as a separate at the Institute, it is impossible to include here more than the following brief extract.] Problems Being Studied The selection of the first problems to be studied was based largely upon the following very practical questions asked by several of the largest operators in the Mid-Continent field. 1. What are the causes for the formation of excessive amounts of bad thick oil on properties that are being repressured with compressed air and how can this trouble be prevented? 2. Why, in some areas, does the oxygen in the air injected into an oil sand during repressuring operations apparently change to carbon dioxide? Is carbon dioxide formed by the oxidation of some of the oil in the sand'? How can the formation of inert or low B.t.u. casinghead gas, loaded with nitrogen, carbon dioxide and oxygen, be prevented? 3. What percentage of the oil originally present in an oil sand can be recovered by the ordinary methods of operation when the gas originally dissolved in the oil is the main propulsive agent? 4. What percentage of the amount of oil produced by ordinary methods can be recovered under average conditions by repressuring a so-called depleted oil sand? 5. What are the relative propulsive efficiencies of compressed air and natural gas in repressuring operations? 6. What are the practical advantages of pressure maintenance and early repressuring as compared with late repressuring?

Jan 1, 1929

By A. S. Bower

Any process which has for its object the preservation of iron and steel from rust, and which will make these metals more applicable than they now are to the requirements of mankind, will be sure to meet with attention from members of this association, and from all those who are either engaged in the extraction of the ore, its reduction to metal, or the subsequent application of the metal itself. It is, perhaps, not too much to say that when iron and steel are rendered secure against corrosion and decay, they will be used to an indefinitely greater extent than they now are. The whole realm of science has, therefore, been explored in the attempt to discover some method by which the formed article may be preserved, leaving its strength undiminished by the destructive action of rust. Paints, oils, varnishes, glazes, enamels, galvanizing, electro-depositing and what is called "inoxidizing" are among the many systems now in vogue to effect the preservation of iron and steel from the corrosive action of air and water. The object of this paper is to show what may he done in protecting iron and steel from rust by forming upon their surfaces a film of magnetic oxide by an inexpensive process. It is no new thing to be told that magnetic oxide of iron is unaffected by exposure to the atmosphere or to salt water for any length of time. The black sand of Taranaki, in New Zealand, is a sufficiently good example of this. Dr. Percy has pointed out that the reason why Russian sheet iron is less affected by exposure than ordinary sheet iron is because of a coating of magnetic oxide; but this was not known

Jan 1, 1883

By George Sachs, J. Spretnak

The process of recrystallization has not as yet been explained satisfactorily. Some definite conclusions could be drawn from recent investigations, such as, for example, that recrystallization is a process of nucleus formation and crystal growth1 and that the orientations of the nuclei correspond to some fragments of the original crystals, which have been considerably distorted during deformation.2 There are, however, a number of metals and alloys crystallizing in the face-centered cubic system, which form a particularly simple orientation if recrystallized as a sheet.3 Such a shect is almost a single crystal with the cubic axes parallel to the rolling, transverse, and normal directions of the sheet. This preferred cubic or (100) orientation of the recrystallized sheet has been considered to be very different from the rolling structure of the same metals,4 but there are two reasons why this last supposition remains open to controversial discussion. The first reason is academic: In practically all cases except the one mentioned above, close correlations and similarities between rolling and annealing orientations have been observed; for instance, in iron and steel sheet.6 Secondly, no deformed metal actually forms a simple orientation. In any thoroughly investigated case a number of different orientations and considerable scattering or deviations from the ideal orientations have been found.6 It is generally true that investigations on single crystals have shown that a definite orientation is approached in stretching or in compression of an originally undisturbed crystal.7 In the special cases, however, where the initial orientation was close to an important crystallographic direction that differed from the final "ideal" orientation, the resulting orientation changed very little by deformation, staying somewhere in the vicinity of the initial orientation.8 Such deviations

Jan 1, 1940

By V. Ogarlaci

Over 90% of the Romania's lignite reserve is located in the region of Oltenia, which is why this area is given special attention in the country's coal resources. Because the lignite deposit of Oltenia is comprised of 1-8 exploitable coal layers, their capitalizing calls for urgent arrangements to ensure rational exploitation under conditions of total safety, minimum losses and efficiency. The technology used the coal pits of North-Western Oltenia is the technology of excavation, transport and dumping in a continuous flow by using the complexes of excavation, transport and high-capacity dumping. The theme of this paper is of particular importance because the rhythmic operation in complete safety, is necessary both for sizing and keeping within the bounds of acceptable values, throughout the process of excavation of the geometric elements of the coal faces, marked by: the height of benches, slope angle and width of berms. Geometric dimensions of the benches of the open pits, the height of benches, slope angle and width of berms shall be calculated and shall be based on: the massif structure that forms the benches; physical-mechanical characteristics of rocks from the bench; working conditions, characterized mainly by mining and extraction methods applied; functional parameters of the mechanical equipment used to perform various operations on the coal face etc. For this study it was necessary a broad field for task tracking, measurement, research and design elements of the coal face, for land survey and a desk activity by: processing of topographic data, laboratory analyses on physical and mechanical properties of rocks and numerous specialized studies. In the final part, we bring some contributions to elucidating the issues of special importance for the lignite coal pits of Oltenia, coming up with data, graphics, formulas, solutions and concrete dimensioning of coal faces in terms of using technology in a continuous flow.

Aug 1, 2013

By Lennart Malmqvist

Decision-making in exploration deals with experience, knowledge, and sometimes faith, but very often financing and profit, mineral resource aspects, employment, and general political ambitions are parts of the scene. At one end of this spectrum, there is the prospector and his decision on the actual project. The exploration business now expands from its pioneering phase for the benefit of a single company to a wider spectrum which includes the benefit of the large mining consortium and a national development program. Its objectives are also to maintain employment and to favor long-term stability in a mining district or a mining company. The prospector then has new aspects and questions to consider such as, what to do in mining districts where there is a shortage of ore resources but there are still useful investments in mines, processing plants, etc. To analyze the exploration process, therefore, seems to be of great importance in a time of rapidly changing conditions. As in other areas of complex decision-making, for example, in the fields of investments, of production, and of the armed forces, computers most certainly have an important role to play in future exploration decision-making systems. However, we must first analyze our own business as closely as possible to find out what kind of information we need, i.e., why we recommend an exploration program as a good or a poor one. An important part of the debate about exploration is the case study. Case studies on exploration are few and most of those written are only about successful exploration programs. Where are the case studies of the failures and the not so successful programs? Every prospector knows that the majority of exploration projects fail. Consequently, the most important experience seems to be hidden in the failures.

Jan 1, 1979

By Oliver C. Ralston, James E. Norman

Separation of minerals by froth flotation is rightly called an art. It can truthfully be said that no two ores separate in the same way. The difference in results obtained when natural and synthetic mixtures of minerals are separated is so great that such tests frequently have been worthless in attempting to select conditions in which a natural mixture will separate. With a few rare exceptions, the natural mixture is much more difficult to treat than a synthetic mixture, and a much poorer separation is obtained. Perhaps several experimenters have wondered why 10 or 20 per cent of a mineral being floated from an ore does not float and is different from the 90 or 80 per cent that is recovered. In experimental tests on pure sphalerite, observers' have noted that varying amounts of sphalerite may be froth-floated with pine oil alone, the amount recovered in the froth depending apparently upon the source of the sulphide. The only explanation of results such as these, barring insufficiency of frother or time of flotation, is that the surface of the mineral floated is different from that of the mineral depressed. This difference often has been found to be caused by natural contamination of mineral surfaces, apparently brought about by weathering and exposure to natural solutions. There is virtually no rock that is absolutely unweathered. One of the writers had an exceedingly instructive experience in 1931 while working with United Verde copper-zinc iron sulphide ore in Arizona. Nonselective flotation of chalcopyrite and sphalerite away from some of the pyrite was all that could be accomplished. All known depressants produced only slight effect. Sodium cyanide showed some effect, but so much had to be used that only a small amount of chalcopyrite could be

Jan 1, 1939

By Francisca San Martin, Tomas Vargas, Willy Kracht

"In Cu-Mo deposits it is usual to find considerable amounts of pyrite (FeS2). When processing this kind of ore by flotation, pyrite is rejected using lime to increase the pH to alkaline conditions (pH ~10.5). In the case of using seawater without pre-processing, i.e., raw seawater, the lime consumption increases dramatically and the recovery of molybdenite drops due to the precipitation of magnesium hydroxide on its surface. In order to avoid these negative effects, alternative ways of depressing pyrite should be considered.The current work introduces the use of Acidithiobacillus ferrooxidans, bacteria commonly used in bioleaching, as an alternative to depress pyrite in seawater flotation. The paper presents the results of biodepression in three systems: fresh water, water with added sodium chloride at 35 g/L (which corresponds to the salt concentration in seawater ) and seawater. The results show that it is possible to bio-depress pyrite with A. ferrooxidans in natural seawater pH (7.8-8.2). A similar behaviour is observed when running the experiments in fresh water, and in water with sodium chloride added.INTRODUCTIONWater is a scarce but essential resource for human development. The main reason for this scarcity is that, although 70% of the earth's surface is covered with water, only 3% of the total is fresh water and an important part of this water is frozen, so that only 1% of fresh surface water can be used for human activities. In Chile, most of the mining activity is concentrated in the north of the country, located in the Atacama Desert, considered the world's driest desert. That is why some mining companies have chosen to use seawater in their processes. For example, Esperanza (Antofagasta Minerals), and Sierra Gorda (KGHM International) use raw seawater in their flotation processes."

Jan 1, 2016

By Oliver C. Ralston, James E. Norman

Separation of minerals by froth flotation is rightly called an art. It can truthfully be said that no two ores separate in the same way. The difference in results obtained when natural and synthetic mixtures of minerals are separated is so great that such tests frequently have been worthless in attempting to select conditions in which a natural mixture will separate. With a few rare exceptions, the natural mixture is much more difficult to treat than a synthetic mixture, and a much poorer separation is obtained. Perhaps several experimenters have wondered why 10 or 20 per cent of a mineral being floated from an ore does not float and is different from the 90 or 80 per cent that is recovered. In experimental tests on pure sphalerite, observers' have noted that varying amounts of sphalerite may be froth-floated with pine oil alone, the amount recovered in the froth depending apparently upon the source of the sulphide. The only explanation of results such as these, barring insufficiency of frother or time of flotation, is that the surface of the mineral floated is different from that of the mineral depressed. This difference often has been found to be caused by natural contamination of mineral surfaces, apparently brought about by weathering and exposure to natural solutions. There is virtually no rock that is absolutely unweathered. One of the writers had an exceedingly instructive experience in 1931 while working with United Verde copper-zinc iron sulphide ore in Arizona. Nonselective flotation of chalcopyrite and sphalerite away from some of the pyrite was all that could be accomplished. All known depressants produced only slight effect. Sodium cyanide showed some effect, but so much had to be used that only a small amount of chalcopyrite could be

Jan 1, 1939

By Roger G. Haga, Richard P. Campbell

Introduction Project scheduling . . . . • What is it? • Why is it done? • Who does it? • How is it done? • When is it done? These are some of the questions that will be addressed in this paper. It is intended that by exploring these questions, an understanding of project scheduling, its purpose and benefits can be achieved. The purpose of this article is not to describe in detail "how to schedule", but rather to give an overview of the scheduling function on a project. A successful scheduling effort is dependent upon the people responsible for developing, implementing, and monitoring the schedule, and the tools and procedures that are used. These three elements are integral components of project scheduling. What is it? A schedule is the integration of network relationships, resource constraints and the calendar. The schedule identifies when the activities "will" be done, while the network states when they "must" be done. Networking techniques are the most widely accepted scheduling tool for complex projects. The benefit of the network is the simplicity in illustrating, presenting and analyzing the dependency relationships of a project. The logic network is the foundation of the schedule. When calendar dates are applied to the logic network, it becomes a schedule which provides the basis for evaluation of project status, forecasting the occurrence of events and controlling the project. The sequence of activities that requires the longest time to complete determines the overall duration of the schedule. This longest sequence of activities is called the "critical path". The "critical path method" (CPM) is used to describe this particular schedule network methodology. The two common conventions of CPM networks are the "arrow diagram met hod" (ADM) and the "precedence diagram method" (PIM). There are arguments in favor of each of these two methods, and usually the one that is used is a matter of personal preference, project directive or corporate procedure.

Jan 1, 1986

By John Dilworth

THIS paper treats primarily of the valuation of developed coal properties by the method of capitalizing their estimated average future earnings. However, in it reference is also made to valuations of undeveloped coal lands and to various methods of appraisal other than by future earnings. FUNDAMENTAL VALUATION PRINCIPLES Before discussing in detail coal property valuations, a few statements bearing on the general subject will be made to present certain of the writer's views on the question as a whole. 1. A certain property at a given time has but, one true value. This is not universally admitted. The appraiser rather frequently finds that a coal owner has in mind three valuations for his holdings; one, the figure at which he feels they should be appraised for taxation purposes; another, the much higher one that should be used if a loan is to he negotiated on the property; and a third, intermediate between the other two, the price for which he would be willing to dispose of his holdings were they for sale. The last is usually nearest to the true value, and because this is so the statement is generally accepted that the fair value of such a property is the price arrived at by negotiation between a willing seller and a willing buyer who are otherwise disinterested. 2. Notwithstanding the foregoing, it is only very generally and approximately true that the proper measure of the value of a given developed1 coal acreage is the unit or per-acre price for which one or more bodies of similar coal in the salve district have been sold recently. To give a few reasons why such a measure of value can not be strictly applied, it may be noted:

Jan 1, 1927