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By GEORGE H. DERN

IF THE engineer is to go into politics, as I think he should, I believe the curriculum of every engineering school should be amended to include a good stiff course in public speaking. My observation has been that the engineer in private conversation can scintillate as brightly as a life insurance agent or an oil stock salesman, but before an audience, with rare exceptions, he is a total loss. He will not get up and talk. He hides his light under a bushel, and sits on the bushel as dumb as an oyster. I have seen meetings of the Utah Section at which some topic of general interest to the members was up for discussion, and where an animated debate was the logical thing to expect. After the chairman states the subject and invites discussion, there is dense silence. Finally a member, bolder than the rest, gets up and with trembling voice and knees makes a motion. The motion carries, the meeting adjourns, and then the members gather into groups and begin to discuss the question seriously -and intelligently, giving cogent arguments on either side and embellishing their remarks with appropriate or inappropriate epithets illustrations and figures of speech. Now, I am not pleading for more speechmaking. The good Lord knows we have too much of this great American indoor sport already. But I think every man ought to be able and ready to express his opinions at the proper time. Some men have a reputation for wisdom because they do not talk much. We speak of the wise old owl because she never speaks, but in my opinion the owl's reputation for wisdom is vastly overrated. silence is more apt to be a cloak for stupidity than for wisdom. The person who has ideas can- not exert any influence by keeping them locked up in his own mind. The great motive force of the world is not muscle, but ideas, and ideas in order to get in their work must be released.

Jan 1, 1925

By P. B. Bucky

IN this day of steady progress in the mining industry, especially along mechanical lines, the question of whether to discard present equipment for that of a new type often engages the minds of many officials of mining companies. The rapid strides made from year to year sometimes cause this question to be brought up within a year after new equipment has been purchased and installed. It is a moot question whether a machine that has been purchased last year should be replaced by a new one put on the market this year. As I see it, the reasons for the replacement of present equipment may be summed up as follows: (1) because of increased safety; (2) because of legal regulations; (3) because of increased profits. I think all of us, as engineers, will endeavor to put in as safe equipment as it is possible to devise. The tendency of mining companies in that direction is very gratifying.

Jan 1, 1930

By Walter C, Smith

Metallic bismuth was known in the Middle Ages and the name is supposed to come from the German Wismut. The origin of the German name is uncertain. References to bismuth are found in the writings of Valentine, Paracelsus, and Agricola between 1450 and 1550. Early specimens of bismuth were very impure and often were confused with antimony, tin, and zinc. About the middle of the eighteenth century, J. H. Pott, C. J. Geoffroy, and Torbern Bergman succeeded in producing fairly pure bismuth and showed it to be an elementary metal similar in many respects to lead.

Jan 1, 1953

By Frank Rieber

THE study of earthquakes long ago developed the fact that by studying the travel times of the various groups of waves from the same earthquake, as received on seismographs at varying distances, major discontinuities in the earth's crust could be reasonably well defined. Using this original discovery, and adapting the mathematical methods originally devised in seismology for determining the depth below the surface at which such discontinuities occur, other investigators were able to develop a new branch of seismology which promises to be extremely useful in extending the boundaries of our information on local conditions below the earth's surface. As an outstanding example of the applications of this work, we have the so-called "seismograph" exploration of the Gulf Coastal region, which has resulted in the discovery of a large number of salt domes, from many of which oil fields may be developed. The original seismological investigations, from which different major discontinuities in the earth's crust were deduced, as well as these later successful experiments in locating salt-dome structures, involve relatively simple problems. In each case we are dealing with surface materials in which elastic waves will be propagated with a fairly definite velocity. Under this material we have something quite different, in which the elastic waves will be propagated with a much higher velocity. The transition from one medium to the other is likewise relatively abrupt. For example, in the Gulf Coastal region the sedimentary formations have a velocity of 6000 or 7000 ft. per sec., while the velocity of elastic waves in the cap rock of a salt dome may exceed 15,000 ft. per sec. Under such conditions, delineation of the formation is a relatively simple matter, and, furthermore, there is very little opportunity for ambiguous results.

Jan 1, 1928

By Scott Turner

AS IN OTHER lines of engineering, progress in mining was influenced during 1931 by the world-wide economic depression. Low-metal prices ? resulted in active efforts to reduce production costs of base-metal mines. Probably the chief factors in reducing costs were the greater efficiency of labor, due to better relations between management and workmen, to the scarcity of jobs, reduced wages in most base-metal mines, and to lower overhead expenses secured by drastic economies. The use of mechanical equipment continued to increase, due to more efficient designs and a better practical understanding of the applicability of such equipment to requirements. With one exception, there were no startling innovations in stoping methods, but there was notable progress in the better adaptation of mining methods. In the United States, no large new base-metal or silver mines came into production during the year. At a number of mines, output was curtailed, and operations were discontinued at several important producers. On the other hand world-wide interest in gold was stimulated, as evidenced by increased output from producing mines, the reopening of some old properties, and intensive prospecting for new deposits. Mining methods at several gold mines in the United States and Canada were modified or changed to obtain a higher extraction of ore or to meet the need for additional support of the mine workings at depth. Permanent record of improvements in mining practices has been made during the year by the Federal Government; the industry thus has available for its use more detailed information than ever before. This work was done through cooperation of the mining companies and their representatives with the United States Bureau of Mines, whereby many papers descriptive of practices and costs at individual mines have been published. The Bureau's program of describing methods and costs at the more important mines (those producing in excess of $100,000 annually) is nearly completed, but papers will be issued concerning such additional mines as may possess particular interest because of novel methods, exceptional conditions or operating results, and others to supplement reports already issued. In this way, an interesting record of the results of changing conditions, or innovations in methods, will be made available.

Jan 1, 1932

By O. U. Bradley

THE extent of losses, due to evaporation, sediment, and water, in crude oil stored in steel tanks, is a very interesting question, and particularly so at this time, when every reasonable measure should be employed to eliminate all possible losses of this important natural product. Available information on this subject is incomplete; e.g., during the development of the Cushing Field, considerable surplus oil was stored in steel tanks, but from time to time, owing to changes in weather, somelosses by evaporation and short storage room on the leases, these tanks were topped out, thus rendering inaccurate any system designed to determine the average rate of evaporation or other losses of the oil over a given period. , Furthermore, the losses, as shown by the records at the time, as a result of hasty gages, failed to take into account the temperature and gravity of the oil. Losses may be classified roughly as occurring from evaporation, presence of sediment and water, and leakage. The coefficient of expansion and contraction of crude oil, in relation to temperature conditions, is of material importance; also, the rate of evaporation is dependent upon the gravity of the oil, as the escape of the lighter hydrocarbons in fresh Cushing oil, of from 40 to 42 gravity, on a warm day is considerable, and from available records of temporary storage, it is safe to assume that a loss of 1 to 13 per cent. in volume will easily occur in light crude oil of Cushing grade over a period of. 6 months, including the summer season. The presence of sediment, water, and other impurities, in the oil will also cause, more or less deterioration in quality, particularly when the fresh production is run direct from the. gage tanks, or from the wells on the lease to steel storage, as is often the case when an oil field is being rapidly developed. The bad oil will settle to the bottom of the tanks and may be determined by thiefing and running a centrifuge test on the sample. The amount of water in the oil depends entirely on the conditions under which it is produced. Sometimes in large producing wells, with heavy gas pressure, some water may come in with the oil, particularly if the well has been drilled to the top of a water sand. Under these conditions, cut oil is often produced, which, if not settled out, is carried over into the steel tanks.

Jan 7, 1918

By Frederick G. Coqueron, Joseph E. Pogue

FOR a number of years, the Department of Petroleum Economics of The Chase National Bank has been conducting a study of the capital employed in the petroleum industry. The technique followed is that of combining and summarizing the available financial and operating data for a group of thirty representative oil companies, doing about two thirds of the domestic business of the entire industry. This paper presents the results of the findings for the year 1943, and supplements the survey, "Sources, Disposition, and Characteristics of the Capital Employed by Thirty Oil Companies During the Nine-Year Period, 1934-1942," presented before the Petroleum Division of the American Institute of Mining and Metallurgical Engineers on Feb. 24, 1944, and also published as a pamphlet by The Chase National Bank.

Jan 1, 1944

Jan 1, 1967

By AIME AIME

FOR the use of workmen and employees, the company should establish a dispensary and a -hospital where workmen who suffer accidents or professional diseases may be taken care of; and at suitable places in the mine or metallurgical plant it should install first-aid stations. Workmen have a right to receive 75 per cent of their wages while they are unable to perform their work as result of a professional disease; but some companies pay full wages and in the case of natural disease, with the exception of venereal, alcoholism, injuries from fights, and chronic illnesses, 50 per cent of their wages up to a period of two months. The number of diseases the Law considers as professional is large and increases almost daily. Among the professional diseases, the one which has caused greatest harm to the miners and expense to the companies is silicosis. To avoid its propagation, companies should take every possible precaution that the working atmosphere is free from dust, abating this by frequent sprinkling of the workings using, wet drills and furnishing the workmen adequate protective apparatus such as respirators.

Jan 1, 1937

By J. A. Jargon, H. K. van Poollen

Flow of slightly compressible fluids through porous media can be described by linear equations. Many mathematical solutions- are available for the boundary conditions of constant terminal pressures or constant flow rates, or a combination of both. Various techniques of formation evaluation use drastic rate changes, such as sudden shut-in. Other methods require that the well be produced at a constant rate. In practice, one is not always able m fulfill these rigid requtirements. This report shows a methor1 by which varying-rate data can be converted to a constant-rate pressure response, called the unit response function. After obtaining the unit response function, one may analyze it, using techniques described in the literature. The method uses tile principle of superposition. Necessary data is a time history of pressure and production. If pressure changes and/or rate changes are very drastic, the unit response function becomes erratic and oscillates The erratic and oscillating results are obvious, and under those circumstances, no answer can he obtained. It appears, however, that a response function without oscilla-tion will not contain any appreciable errors —- one gets either good results or no results. This report includes a mumber of examples of converting constant-rate data to constant terminal-pressure data and vice versa. In addition, a number of field-test applications are given. This method should be useful in converting mathematical solutions from one boundary condition to another. It already has proven useful in converting varying-rate data to constant-rate conditions. INTRODUCTION Pressure drawdown tests are performed on production wells to determine various reservoir characteristics, including permeability, distances to discontinuities, reservoir continuity and wellbore conditions. An ideal drawdown test is performed at a constant production rate with pressure observation during the drawdown period. A typical drawdown curve for a constant rate of production is shown in Fig. 1. In practice, a constant production rate cannot always be maintained. Fig. 2 shows a pressure drawdown curve for a varying rate. Usual methods of analysis are not applicable to tests such as this. It is, therefore, necessary to convert the varying-rate data somehow, before usual analytical techniques can be applied. This report describes a method of obtaining a response function. A response function can be defined as the relationship between pressure and time for a well producing at a constant unit rate. Such a response function can be analyzed by the usual analytical techniques. Hutchinson and Sikora' first approximated a resistance function (response function), and by applying the superposition principle, pressures were calculated using the varying rates. If no match was obtained, adjustments were made to the response function and the closer approximation was used again in an attempt to match calculated and observed pressure behavior. If a good match was obtained: the response function was then used to extrapolate the future aquifer behavior.

Jan 1, 1966

By M.A. Hunter

This paper gives the results of an investigation of the specific resistance and temperature coefficient of the electrical resistance of nickel and its important alloy, monel metal. For most of the pure metals, the temperature coefficient of resistance is approximately 0.004 per degree centigrade at 20" C. Nickel and iron, however, are exceptions. This property is important as it gives us good material for the construction of thermometers and other instruments involving electrical control. A summary of information on this subject has been publishcd by the Bureau of Standards.l The present experiments antedate this publication by several years and as the information obtained is not contained in it, the results of the experiments arc published as additional information. Electrical Properties of Pure Nickel It is generally conceded that the lowest values for electrical resistance are obtained in the purest metal. In the case of nickel, the best material obtainable is electrolytic nickel, which contains approximately 99.80 per cent. nickel, 0.15 per cent. iron, and 0.05 per cent. copper. Any cobalt that may be present is included in the nickel figure. If the elcctrolStic sheet has been deposited without intermission, it is possible to cut a section from the sheet and roll it into wire without melting. By this means a nickel wire may be obtained that is uncontaminated by any of the impurities always taken up by nickel during melting. Two samples of nickel wire obtained from different electrolytic nickels had the follolving electrical resistance and temperature coefficient of electrical resistance: Specific Temp. CofEE. Sample MateRial ReSISTance peR Deg. C. NO. 1 Electrolytic nickel.................... 7.55 0.00550 NO. 2 Electrolytic nickcl ................... 7.60 0.00553 * Rensselacr Polytechnic Institute. Director of Research, Driver-Harris Co. Russell Sage Laboratory, Rensselaer Polyt,ecllnic Institute. 1 U. S. Bureau of Standards, Circular 100 (March, 1921).

Jan 1, 1923

By M. A. Hunter

This paper gives the results of an investigation of the specific resistance and temperature coefficient of the electrical resistance of nickel and its important alloy, monel metal. For most of the pure metals, the temperature coefficient of resistance is approximately 0.004 per degree centigrade at 20" C. Nickel and iron, however, are exceptions. This property is important as it gives us good material for the construction of thermometers and other instruments involving electrical control. A summary of information on this subject has been publishcd by the Bureau of Standards.l The present experiments antedate this publication by several years and as the information obtained is not contained in it, the results of the experiments arc published as additional information. Electrical Properties of Pure Nickel It is generally conceded that the lowest values for electrical resistance are obtained in the purest metal. In the case of nickel, the best material obtainable is electrolytic nickel, which contains approximately 99.80 per cent. nickel, 0.15 per cent. iron, and 0.05 per cent. copper. Any cobalt that may be present is included in the nickel figure. If the elcctrolStic sheet has been deposited without intermission, it is possible to cut a section from the sheet and roll it into wire without melting. By this means a nickel wire may be obtained that is uncontaminated by any of the impurities always taken up by nickel during melting. Two samples of nickel wire obtained from different electrolytic nickels had the follolving electrical resistance and temperature coefficient of electrical resistance: Specific Temp. CofEE. Sample MateRial ReSISTance peR Deg. C. NO. 1 Electrolytic nickel.................... 7.55 0.00550 NO. 2 Electrolytic nickcl ................... 7.60 0.00553 * Rensselacr Polytechnic Institute. Director of Research, Driver-Harris Co. Russell Sage Laboratory, Rensselaer Polyt,ecllnic Institute. 1 U. S. Bureau of Standards, Circular 100 (March, 1921).

Jan 1, 1923

BRANCH COUNCILS Mining Branch E R Price, Chairman (Coal) Howard A Meyerhoff (Industrial Minerals) J V Beall, Secretary Richard M Foose (Industrial Minerals) Carroll F Hardy (Coal) Frank A Hardlaw (Mining, Geology, and Geophysics) S J Swainson (Minerals Beneficiation) Philip J Shenon (Mining, Geology, and Geophysics) Grover J Holt (Minerals Beneficiation) A C Callen (Mineral Industry Education) C H. Behre, Jr. (Mineral Economics)

Jan 1, 1952

By George S. Evans

CERTAIN American operators believe that desulphurizing in the ladle offers a means of increasing blast-furnace and open-hearth yields with the possibility of improvements in quality of the steel. In fact, several producers have experimented with practically all of the known desulphurizing agents, including both standard grades of the alkalies and special preparations that have been offered from time to time during the past several years. Some of these are regularly being used today in large-scale commercial operations, with good results. Also, it is the practice to treat off-sulphur casts in the blast-furnace ladle at a number of plants. It is not known, however, that anyone in the steel industry (American) has ever adequately equipped a plant for desulphurizing blast-furnace metal in an efficient manner as regular operating practice. The purpose of this paper is to illustrate the importance of correct equipment and proper handling for obtaining uniform and efficient results. As will be shown, at the temperature of molten iron the alkalies are instantly neutralized by any free slag present, dissipating their desulphurizing value. Entrained silicates are rapidly washed out of the metal bath by the highly basic soda slags and will be satisfied ahead of desulphurizing reactions with FeS. More or less of the reagent will always be used up through reactions with the refractory lining. Desulphurization will be limited to the action of the free alkali then remaining in the slag. Causes for the erratic results generally found with desulphurizing tests in blast-furnace transfer ladles would include, among other things, variations in the quantity of furnace slag coming down with the metal, and differences in the percentage of kish and entrained silicates in the different casts. As the alkalies instantly unite with any free slags or silicates present, these, with any kish coming off, both dilute the reagent and reduce the surface contact between the slag and metal, thereby retarding the desulphurizing reactions.

Jan 1, 1938

By George S. Evans

Certain American operators bclieve that desulphurizing in the ladle offers a means of increasing blast-furnace and open-hearth yields with the possibility of improvements in quality of the steel. In fact, several producers have experimented with practically all of the known desulphurizing agents, including both standard grades of the alkalies and special preparations that have been offered from time to time during the past several years. Some of these are regularly being used today in large-scale commercial operations, with good results. Also, it is the practice to treat off-sulphur casts in the blast-furnace ladle at a number of plants. It is not known, however, that anyone in the steel industry (American) has ever adequately equipped a plant for desulphurizing blast-furnace metal in an efficient manner as regular operating practice. The purpose of this paper is to illustrate the importance of correct equipment and proper handling for obtaining uniform and efficient results. As will be shown, at the temperature of molten iron the alkalies are instantly neutralized by any free slag present, dissipating their desulphurizing value. Entrained silicates are rapidly washed out of the metal bath by the highly basic soda slags and will be satisfied ahead of desulphurizing reactions with FeS. More or less of the reagent will always be used up through reactions with the refractory lining. Desulphuriza-tion will be limited to the action of the free alkali then remaining in the slag. Causes for the erratic results generally found with desulphurizing tests in blast-furnace transfer ladles would include, among other things, variations in the quantity of furnace slag coming down with the metal, and differences in the percentage of kish and entrained silicates in the different casts. As the alkalies instantly unite with any free slags or silicates present, these, with any kish coming off, both dilute the reagent and reduce the surface contact between the slag and metal, thereby retarding the desulphurizing reactions.

Jan 1, 1938

By George S. Evans

Certain American operators bclieve that desulphurizing in the ladle offers a means of increasing blast-furnace and open-hearth yields with the possibility of improvements in quality of the steel. In fact, several producers have experimented with practically all of the known desulphurizing agents, including both standard grades of the alkalies and special preparations that have been offered from time to time during the past several years. Some of these are regularly being used today in large-scale commercial operations, with good results. Also, it is the practice to treat off-sulphur casts in the blast-furnace ladle at a number of plants. It is not known, however, that anyone in the steel industry (American) has ever adequately equipped a plant for desulphurizing blast-furnace metal in an efficient manner as regular operating practice. The purpose of this paper is to illustrate the importance of correct equipment and proper handling for obtaining uniform and efficient results. As will be shown, at the temperature of molten iron the alkalies are instantly neutralized by any free slag present, dissipating their desulphurizing value. Entrained silicates are rapidly washed out of the metal bath by the highly basic soda slags and will be satisfied ahead of desulphurizing reactions with FeS. More or less of the reagent will always be used up through reactions with the refractory lining. Desulphuriza-tion will be limited to the action of the free alkali then remaining in the slag. Causes for the erratic results generally found with desulphurizing tests in blast-furnace transfer ladles would include, among other things, variations in the quantity of furnace slag coming down with the metal, and differences in the percentage of kish and entrained silicates in the different casts. As the alkalies instantly unite with any free slags or silicates present, these, with any kish coming off, both dilute the reagent and reduce the surface contact between the slag and metal, thereby retarding the desulphurizing reactions.

Jan 1, 1938

The engineering personnel shortage, present and impending, so well brought out in the article in Mining Engineering in the August, 1951 number, both in the editorial lead and the article by William B. Plank and Henry J. Petrie, has left untapped and has ignored a potential source of supply that would fill the need ably and with complete satisfaction. This source is comprised of the women engineers- and geologists, both presently, trained and able to handle work at all levels, and the many who would make splendid engineers and geologists if they could hope for even a modest taste of the square deal that should be theirs, but, as we all know, is not. I write from experience. It is not pleasant or sensible to have to urge borderline cases among men students to consider engineering and geology as careers to fill the need, when I have far more able, interested and suited young women students whom I must divert into other channels. It does not make sense to scrape the bottom and sides of the barrel to induce potentially second or third rate male engineers and geologists to enter the profession when we have superior material among the women, eager to do good work in these fields. It does not make sense for these men to become second or third rate in these fields when they might be first rate salesmen, musicians, advertising copywriters or policemen. Nor does it make any more sense to force potentially first rate female geologists and engineers to become second or third rate and very frustrated typists, kindergarten teachers, dress sales-women or clerks. At this point I am willing to admit that where superstitious -miners object to women in underground workings, men are available for the jobs. Moreover, it is not necessary for women to be sent into the most difficult country, if there is reluctance on either side of the contract. There may be fewer of them eager for the roughest assignments, in proportion to the men, but women are so accustomed to discrimination far more complete than that against any racial or religious group, that a reasonably tough assignment would seem like a heaven-descended joy. In my own experience, I have found that my girl students majoring in geology, could keep up with me in the field in the roughest terrain, but. the men, all but the best students and the most physically fit young men, complained that they could not keep up with me and that I always "walked their-legs off. The women, a few men and I always returned with bags heavy with well chosen specimens and proper notes. Most of the men carried no specimens and-but poor scraps of notes on loose bits of paper. Yet the men were urged to prepare for a career in engineering or geology if their examination marks were reasonably good. When we find that we still have a shortage of engineers and geologists, after putting all the qualified women to work, then we may begin to worry. Until then, we are simply fooling ourselves as we wander in, a forest of outmoded tradition and emotional habit reactions. MARY W. GARRETSON ASSOC. MEMBER, AIME SCARSDALE, N. Y.

Jan 1, 1952

The Office of Price Stabilization broke the copper price loggerhead between the U. S. and Chile when it permitted copper wire and brass mills to add to their ceiling prices 80 pct of the increase in cost of foreign copper above the 27 1/2 cents per pound specified in the agreement with Chile. Another step forward in the processing of taconite seems to have been made with the patenting of a process for the strengthening of taconite pellets. The patent was issued to Fred D. De Vaney and assigne to the Erie Mining Co., of Hibbing, Minn. Strength of the pellets is improved by adding from one to five pounds of starch or sodium silicate. A new iron ore deposit discovered on Vancouver Island will start producing soon, and is expected to yield 2 million tons of magnetite over its span of operation. A new mill will be built by the Argonaut Construction Co., of San Francisco, at the deposits of the Utah Construction Co., its parent organization. The Organization for European Economic Cooperation banned the use of nickel and nickel alloy in the manufacture of about 500 products in an attempt to conserve nonferrous metals in short supply. Some 18 members of the organization have already volunteered to restrict nickel consumption.

Jan 1, 1952

By R. A. Pallanch

PROBABLY one of the most perplexing problems with which a mill operator contends is the proper evaluation of his mill results. True, he accurately determines his recoveries of metals and grades of products monthly, weekly, and often daily. These figures do not of themselves directly translate to mill economics. When one figure is unusually good there may be an offsetting circumstance. The advantage of high lead or zinc concentrate grade may be offset by poorer recovery; high lead recovery may be offset by poorer zinc recovery, or vice versa; and so on. Besides, grades or recoveries may not of themselves mean more than a reflection of the grade and character of the ore during the period under study. What the operator sorely needs is some one measuring stick that tells him when he has achieved his greatest return, regardless of grades or recoveries-for if he knows his methods and practices are yielding the optimum return he need no longer concern himself with the assays of products and tailings, or the corresponding distribution of metal values. At first blush it would appear that the obvious answer to this is the actual money return to the mill. Paradoxical as it may seem, however, money return does not make a dependable yardstick any more than do grades and recoveries, as ore conditions would vary enough to bring about greater money return during periods when the actual metallurgical work is not as good. The mill operator, of course, should always aim for the greatest return on the ore, once it is in the mill bins, with proper attention always to mill treatment cost. The need of a proper yardstick becomes more imperative with the increasing complexity of the problem. In the case of a simple, single-product operation on a fairly uniform ore, in which only one metal is of significant importance, the need is not great, as grade and recovery pretty well tell their own story. At the other extreme is the operation that makes three or four separate marketable products from a complex mixture of heterogeneous ores that vary tremendously in individual metal contents and ratios, degree of oxidation, and other characteristics, and in which gold, silver, copper, lead and zinc are all significant values. ECONOMIC RECOVERY The first attempt at obtaining a proper single yardstick for a fairly complex ore with which I am familiar is the use of the "Economic Recovery" term at the leadzinc flotation mill of the Sunnyside Mining and Milling Co., Eureka, Colorado. This method had been applied there early in Sunnyside flotation-mill history (not later than 1920) and credit for the innovation I believe belongs to Messrs. Kuryla and Marquand. The term "Economic Re-

Jan 1, 1947

By Charles Janin

ONE of the most interesting features of the world's platinum situation has been the steady increase of Russian production, which had dropped to 11,000 oz. in 1920, but increased to 92,000 oz. in 1926, and to probably over 100,000 oz. for 1927. It is ex-pected that Russian production of platinum will, be-fore long, closely equal its pre-war production, or approximately 200,000 oz. annually. The world production before the war was around 250,000 oz.; that for 1925 has been estimated at 160,000 oz., and for 1926 probably 170,000 oz. The consump-tion of platinum has, however, decreased. The esti-mate of the International Selling Agency was a de-mand of 130,000 oz. new platinum against a normal pre-war demand of over 200,000 oz. The high price of platinum during the war gave an added impetus to the search for substitutes for the metal, and sev-eral were developed that are now used extensively in place of platinum. The demand for platinum for high-class jewelry, however, was not greatly affected by the high prices, but "white" gold did replace platinum in the cheaper jewelry. Colombia is the most important producer of plati-num, next to Russia, and the production has increased from around 10,000 oz. pre-war production to 55,000 oz. or more in 1927. In 1924 important discoveries of platinum were made in South Africa. Prior to these discoveries practically all platinum was recovered from alluvial deposits, and the South African opera-tions are first to work an ore profitably for the pri-mary recovery of platinum. A number of companies were formed to develop these deposits, but only a few made any real progress. Total production for 1926 was about 5000 oz. The United States production is unimportant; that in Canada has increased to around 9000 oz., principally as a by-product in nickel-copper ores.

Jan 5, 1928