Evaluation of Mining Methods and Systems

- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 58
- File Size:
- 2466 KB
- Publication Date:
- Jan 1, 2008
Abstract
Since 1973 when the first edition of the SME Mining Engineering Handbook was published, many significant changes have occurred in the US mining industry. The industry went through a fairly prosperous period immediately after 1973, but then many economic pressures came to bear on mining companies, particularly in the metal and coal branches of the industry. These pressures changed both the mining methods used and the general economics of the mining methods. As a result, the industry today is different in many ways titan it was in 1973. A general summary of some of the more important changes that have come about will be provided here as well as some assessment of the effects of these changes on the choices of mining methods. In the metal mining industry, the most significant trends were increased surface mining, the use of larger and more efficient equipment, and increased technology and automation. The primary impetus for these changes was unprecedented competition from foreign producers. In many cases, this competition came about because of the nationalization of foreign mines and the tendency for these mines to become a source of foreign exchange. Under these circumstances, the mines could be operated even though they were not profitable. As a result, domestic
Citation
APA:
(2008) Evaluation of Mining Methods and SystemsMLA: Evaluation of Mining Methods and Systems. Society for Mining, Metallurgy & Exploration, 2008.