Gold Mining And Milling

The American Institute of Mining, Metallurgical, and Petroleum Engineers
Nathaniel Hen
Organization:
The American Institute of Mining, Metallurgical, and Petroleum Engineers
Pages:
2
File Size:
208 KB
Publication Date:
Jan 1, 1948

Abstract

IN the United States, in the 2 1/2 years since the rescinding of the wartime order closing gold mines, conditions have not yet returned to normal. Shortages of man power have prevented some mines from operating at all, and most of those in operation are still at reduced capacity. This fact, combined with shortages of materials, the high cost of supplies and labor, high tax rates, and a fixed price for the product have made the past years rather rough ones for gold producers. In foreign countries conditions are rather similar. In Canada several new mines are coming into production and some others are enlarging. Costs have not increased as much as in the United States and gold production is being encouraged. Recently a bonus of 20 per cent on increased production has been proposed. In South Africa, where gold mining is of major importance in the national economy the industry is also in a favored position with government; new discoveries of major importance there will markedly increase the gold output. Demand for labor is rap-
Citation

APA: Nathaniel Hen  (1948)  Gold Mining And Milling

MLA: Nathaniel Hen Gold Mining And Milling. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1948.

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