Mining Practice ? Improved Methods Cut Costs and Increase Ore Reserves - Mechanical Equipment Improves Workers? Efficiency ? Shaped Charges and Fusion Piercing Prove Effective

- Organization:
- The American Institute of Mining, Metallurgical, and Petroleum Engineers
- Pages:
- 2
- File Size:
- 276 KB
- Publication Date:
- Jan 1, 1947
Abstract
WITH the exhaustion of the sections of iron ore bodies amenable to opencut mining the iron ore miners raise the question: "How can we mine the extensions of these ore bodies in depth with the same costs as obtained in opencut work?" This question brings to the fore the relationship between mineral exploration and research on mining procedures. The iron miners must either find new de? posits amenable to their known methods of mining or develop new mining methods for deep deposits. It is understood that the oil companies will spend $30,000,000 next year in the search for new oil fields. How much the metal mining companies will spend in the search for new ore bodies is unknown, but without doubt the amount will run into several millions of dollars. If the mining companies that concern themselves with metals, nonmetallics, and fuels will set aside a substantial sum for fundamental and applied research in mining methods, they can not only lower their costs but increase their reserves thereby. Any increases in mining efficiency automatically result in increased ore reserves at no cost.
Citation
APA:
(1947) Mining Practice ? Improved Methods Cut Costs and Increase Ore Reserves - Mechanical Equipment Improves Workers? Efficiency ? Shaped Charges and Fusion Piercing Prove EffectiveMLA: Mining Practice ? Improved Methods Cut Costs and Increase Ore Reserves - Mechanical Equipment Improves Workers? Efficiency ? Shaped Charges and Fusion Piercing Prove Effective. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1947.