Search Documents

By Rajiv Kalra, Ji Jiangang

"This paper reviews the following aspects of the world’s largest manufactured Grinding Mill’s in terms of diameter and power, along with the world’s biggest shop assembly and trial run of the mills delivered to Sino Iron Magnetite Project in Australia.1. An overview of the basic flow sheet of the Sino Iron (Magnetite) Project located in Australia2. An overview of in-house designed CITIC Heavy Industries 12.2 m (40ft) F x 11 m(36ft) LG – 28MW AG mills including FEA and major components3. In-house manufacturing at CITIC-HIC work in Luoyang China of all major components for 6 off Ø12.2 m(40ft) AG mills and 6 off Ø7.9 m(26ft) x 13.6 m(44.6ft) LG – 2 x 7.8 MW Ball Mills4. Major aspects of design and preparation of the biggest shop trial run of Ø7.9 m(26ft) x 13.6 m(44.6ft) LG Ball Mill witnessed by international EPCM’s and clients in July 2009.5. Major aspects of one piece assembly of 1300 tonne rotating element of the Ø12.2 m(40ft) x 11 m(36ft) LG AG Mill and Ø7.9 m F (26) x 13.6 m(44.6ft) LG Ball Mill at the port of the export China and transport to Australian Port and then to site.6. An insight to unique installation methods used for Ø12.2 m(40ft) and Ø7.9 m(26ft) rotating element lifting on the mill foundation in one piece assemblies.7. CITIC Heavy Industries present capability for in house design and manufacture of Grinding Mills up to Ø13.7 m (45 ft) with 35 MW Gearless drives and Ø12.2 m(40ft) with 2 x 10 MW Geared Mill drives"

Jan 1, 2012

By Marcel M. Djivre

The paper will outline historically the different materials used for pouring sockets and illustrate the current trend due to inherent advantages. A section will be devoted to engineering stress analysis showing the criteria necessary for the wires not to slip inside the poured socket material. The Ontario Mining Regulations pertaining to poured sockets will be reviewed with emphasis on the acceptable type of sockets depending on usage. In addition the paper will review the proper socket preparation techniques and explain the destructive testing conducted at the Materials Testing Lab essential for the certification requirements. In conclusion the paper will show the importance of the Certification Program for the safety of Miners working in Ontario, Canada and the World. The paper is also intended to inform the Mine Operators and Consultants that to-date the .Wirelock. sockets have been used safely for hoist ropes of locked coil and non-rotating construction and for the termination of balance ropes, and that further research is required on the construction of a socket approved for rotating type mine hoist ropes.

May 1, 2003

"Batch flotation testwork demonstrated that a low-grade chromite ore from Bird River, Manitoba, was best floated at pH 2 using Armac C (coco amine acetate) collector and sulphuric acid as pH modifier. A grind of 100% minus 150 um was necessary for liberation, and flotation selectivity was greatly enhanced by prior desliming. A concentrate analyzing 24.2% Cr203 with a recovery of 90.2% was obtained, after three cleaning stages, from ore grading 6.05% Cr203. Total rougher collector concentration was 500 g/t and cleaner collector concentration 380 g/t. Similar grade and recovery were obtained during the pitot-plant evalualion, when a concentrate analy zing 22.3% Cr203 with a recovery of 93% (based on deslimed feed) was obtained for a total collector addition of 630 g/t.Selective flotation in a region of positive surf ace charge implies anionic activation, and a possible flotation mechanism is suggested.IntroductionIn an earlier study(1) of the beneficiation of chromite ore from Bird River, Manitoba, several methods of beneficiation were explored. These included ore sorting, heavy-media separation, and gravity concentration with flotation using Armac C (coco amine acetate) collector at pH 2, and sulphuric acid as pH modifier. Because flotation was not fully evaluated, a laboratory study was undertaken to determine the optimum parameters of chromite flotation. Optimization of parameters was established first on a laboratory scale followed by confirmation a t the pilot -plant level. Flotation of chromite using Armac C and sulphuric acid as a pH modifier has been reported as being selective for low-grade chromite ores(2)."

Jan 1, 1990

By Rory S. McLaren

"Cost per ton as it relates to mobile underground vehicle maintenance and repair is invariably astronomical. The reason: the mechanic replaced a ten micron filter with a 250 micron filter because it appeared to be physically identical; the purchasing agent bought ""Brand X's"" filter because it was 25% cheaper- the result, a filter life 30% less; the hydraulic pump was sent for repair at a cost of $2000.00 and failed shortly after installation; pumps are failing because there is no testing equipment available in the workshop.This paper will identify a number of the common pitfalls resulting in high costs, and offer solutions to bring these costs to within acceptable limits.The following key issues will be discussed:A. Genuine parts replacement versus ""Brand X""B. Evaluating outside repair shopsC. The influence of environmental conditions on optional equipmentD. Personnel trainingE. Servicing and testing equipmentIntroductionThere is an old English aphorism, ""Look after the pennies, the pounds will look after themselves"".This paper is aimed at the pennies.Genuine Parts Replacement versus ""Brand X""High interest rates and floundering mineral prices are forcing many equipment owners and operators to purchase ""Brand X"" or ""Pirate"" parts in order to survive. ""Pirate"" part manufacturers invariably offer lucrative discounts which are most appealing to the average purchasing agent whose responsibility it is to save money. Unfortunately, in most cases, there is a tradeoff involved; when the price drops so does the quality, which can adversely affect owning and operating costs. Unless totally obvious, ""original"" or ""pirate"" part metamorphosis requires scrupulous analysis by competent individuals.Hydrostatic transmissions have been used successfully for many year s in various industries. They found their way into mobile underground loaders in the early seventies and have since become very unpopular in mining circles due to their apparent ""inherent unreliability"" and near ""prohibitive"" repair costs. The big benefit of the hydrostatic transmission is compact component packaging which enables the machine to work in very small headings."

Jan 1, 1983

By S. S. Rahman, A. Gholami, M. A. Aghighi

"This paper provides a foundation for studying the growth of fractures in presence of other discontinuities and different anisotropies of low permeable hydrocarbon formations and helps to improve the design strategies for multistage fracturing.The multistage fracturing technology has recently been used to exploit low permeable hydrocarbon reservoirs. However, the mechanism of hydraulic fractures interaction and the impact of local heterogeneities on ultimate trajectory of the growing hydraulic fractures are not yet understood in depth. A fully coupled poroelastic Finite Element based model is developed to investigate the mixed mode propagation behaviour of growing hydraulic fractures. This model takes advantage of an explicit representation of the fracture which enables us to take the effects of rock and fluid related parameters into account. Moreover, impact of fracture geometry and leak-off phenomenon is investigated. The refined mesh around the crack provides the added advantage of more detailed stress distribution, pore pressure change and back stress in the vicinity of the fracture and in particular at the fracture tip. The potential deviation propensity of the fractures is evaluated based on the fundamental rule that fractures propagate perpendicular to the direction of the minimum horizontal stress.This study shows that pressurization of transverse hydraulic fractures results in the reorientation of local principal stresses, particularly in vicinity of fracture tips. Variation of flow patterns clearly influences the evolution of shear stress around the fracture tips which will potentially lead to mixed-mode I and II fracturing and consequently, fracture deviation. The presence of local heterogeneities such as preexisting fissures and/or fractures is a main source of such pore pressure induced stress redistribution and reorientation and potential deviation of hydraulic fractures.Most existing models ignore or simplify the effect of pore pressure/stress coupling as well as the fracture geometry and fluid flow within the fracture. Also, the fluid leak-off from the hydraulic fracture into the formation, which is a controlling factor in fracture growth, is often considered using analytical models. Taking advantage of a fully coupled porelastic model along with an explicitly discretized fracture, this study provides a more realistic insight into the complex fracture propagation processes of multistage fracturing operations particularly in presence of reservoir geo-mechanical complexities."

Jan 1, 2015

By Robin E. Goad

?Located 160 Km northwest of Yellowknife, NWT, Canada Current winter road access ?New all-weather road planned ?Power within 22 km ?Hwy to Edmonton 80 km south Close to existing infrastructure

May 1, 2006

By Rajiv Kalra

This paper reviews the following aspects of the world?s largest manufactured Grinding Mill?s in terms of diameter and power, along with the world?s biggest shop assembly and trial run of the mills delivered to Sino Iron Magnetite Project in Australia. 1. An overview of the basic flow sheet of the Sino Iron (Magnetite) Project located in Australia 2. An overview of in-house designed CITIC Heavy Industries 12.2 m (40ft) F x 11 m(36ft) LG ? 28MW AG mills including FEA and major components 3. In-house manufacturing at CITIC-HIC work in Luoyang China of all major components for 6 off Ø12.2 m(40ft) AG mills and 6 off Ø7.9 m(26ft) x 13.6 m(44.6ft) LG-2 x 7.8 MW Ball Mills 4. Major aspects of design and preparation of the biggest shop trial run of Ø7.9 m(26ft) x 13.6 m(44.6ft) LG Ball Mill witnessed by international EPCM?s and clients in July 2009. 5. Major aspects of one piece assembly of 1300 tonne rotating element of the Ø12.2 m(40ft) x 11 m(36ft) LG AG Mill and Ø7.9 m F (26) x 13.6 m(44.6ft) LG Ball Mill at the port of the export China and transport to Australian Port and then to site. 6. An insight to unique installation methods used for Ø12.2 m(40ft) and Ø7.9 m(26ft) rotating element lifting on the mill foundation in one piece assemblies. 7. CITIC Heavy Industries present capability for in house design and manufacture of Grinding Mills up to Ø13.7 m (45 ft) with 35 MW Gearless drives and Ø12.2 m(40ft) with 2 x 10 MW Geared Mill drives

Jan 1, 2012

By E. Goodwin

"Maclaren Forest Products Inc.Lime is commonly used for the neutralization of acid, and the removal of heavy metals in mine waste waters. However, the precipitation of heavy metals as hydroxides must take place under conditions of controlled pH, to produce minimum concentrations of dissolved metals. An account is presented explaining the concepts applied to lime-treatment processes at Bell Mine during the period of a supernatant discharge to Babine Lake; October 18, 1982to January 25, 1983. IntroductionBell Mine of Maclaren Forest Products Inc., Babine Mining Division, an open-pit copper mine, is located on Newman Peninsula, Babine Lake approximately 65 kilometres northeast of the town of Smithers, British Columbia (Fig. 1).A depressed market for copper metal in 1982 forced a management decision to suspend operations at the mine for an indefinite period from October 3 I, 1982. For some time prior to the mine closing date, mine management was concerned about the increasing level of supernatant in the tailings pond , and its possible effects on the stability of the dam when cycloning of mill tailings ceased. Consideration of these potential hazards led to an application being filed with the Provincial Waste Management for a permit to discharge the excess water to Babine Lake. This large lake, an important link with several significant salmon spawning sites, is a major contributor to the British Columbia commercial fishing industry. Jurisdiction for the environmental affairs in the area is shared by the Department of Fisheries and Oceans, the Environmental Protection Service, and the Provincial Waste Management Branch. These agencies were directly concerned in the formulation of discharge permit following joint consultation, and exchange of information with the company on environmental concerns. An approval was finally granted to discharge approximately 1,000,000 cubic metres of supernatant from the tailings impoundment at Bell Mine into Hagan Arm, Babine Lake from October 18, 1982 with a daily discharge not to exceed 9000 cubic metres. Provisions were made that a particular discharge procedure be followed, and that the company would be responsible for setting up a sampling and monitoring program to safeguard the quality of the effluent."

Jan 1, 1986

By Göckmann. Klau

"IntroductionCopper has been recycled ever since its discovery. Even in Graeco-Roman times recycling of this resistant, and thus valuable material was carried out as a matter of course. Just take, as an early example, the Colossus of Rhodes: after the figure collapsed during an earthquake, the bronze parts were melted down into ingots and sold.Copper is a material which can be recycled again and again because copper produced from recycling is not different from copper originating from primary materials. This is mainly due to electrolytical copper refining whereby not only the base metals but also the precious metals can be removed. In contrast, with aluminum and iron only the more electropositive elements can be removed by refining, and the resultant scrap must, therefore, be sorted mechanically into various alloys for subsequent smelting.The recycling rate for different base metals is given in Table 1. Despite this ideal prerequisite, the generally quoted recycling rate of copper of about 40070 appears rather low. However, it must not be forgotten that the recycling rate is defined as the ratio of the annually utilized quantities of copper scrap and the annual production figures (Table 2). Moreover due to the economic growth over the last 30 years the availability of copper from scrap materials is lower than its consumption because copper is principally employed in very long-life consumer durables and only returns to the recycling circuit after many years. The average time for the copper of some goods to be recycled is detailed in Figure 1."

Jan 1, 1992

By C. E. McCoy

This paper will discuss briefly loader shovel requirements and then present a detailed survey of electrical drive systems to meet these requirements. The survey in general will deal with the various electrical provisions for shovel drives, along with the advantages and disadvantages, and in particular will discuss the MG set and static D. C. drive systems. Also included will be some insight into the requirements for optimum electrical power at the shovels.

Jan 1, 1979

By H. F. Maulson

For the benefit of those who are not familiar with the history of the western Provinces-Manitoba, Saskatchewan, and Alberta-as regards our natural resources, a few words of explanation may be in order before taking up the consideration of the Mines Act of 1930. In 1867, The British North America Act was passed by the Imperial Parliament. That Act, which is our constitution, created a union between the provinces of Nova Scotia, New Brunswick, and Upper and Lower Canada (now known as Ontario and Quebec respectively) under the name of the Dominion of Canada. Provision was made therein for embracing other parts of Canada from time to time. That portion of Canada which today comprises the Provinces of Manitoba, Saskatchewan, and Alberta and the lands to the north of them, was then known as Ruperts Land and the North West Territory. In the year 1670, King Charles II had granted by Letters Patent to Prince Rupert and his associates, known as ?The Governor & Company of Gentlemen Adventurers of England, Trading into Hudson's Bay?, commonly known as the Hudson's Bay Company, the lands and territories therein described, being roughly all the lands adjacent to and west of Hudson's bay; also the gold and silver to be found or discovered therein and other rights as more fully described in said Letters Patent. The land so granted was called 'Ruperts Land'.

Jan 1, 1930

By Michael K. O’Leary, William D. Coplin

"Risks from political instability and government policies restricting equity ownership, local operations and transfers of payments affect the profitability of foreign mining ventures. More than seat-of-the-pants judgments and old-boy networks are required to anticipate these risks and to take actions appropriate to offsetting them. A system for making political forecasts, called the Prince System, and a series of charts relaying risk s to a production of key minerals will be presented.IntroductionFirm s with extractive operations outside their home country do not have to be told that political stability and government decisions play a big role in the success o f their operations. The takeover of copper firm s in Chile during the Allende administration in 1971 and the recent decision by Venezuela to reduce Reynolds Metals equity share in a smelting operation from 50% to 28% are two examples of hundreds of events that have determined the profitability of extractive operations over the past decade. Both risks and opportunities for international firms seeking to produce and market raw materials are heavily affected by political conditions. While news of political events travel much faster than in the past and host governments are more clever in shaping the risks as well as the opportunities, politics has always been part of the mining business.What has changed is the need to be more systematic in approaching the assessment of political conditions and how it affects business. The increasing costs of extractive operations, the need for long-range planning, the importance of financial arrangements and the world-wide scope of man y firm s' activities require that the assessment be updated continuously and be comparable across different countries and different types of investments. Political risk analysis, the assessment o f macro-political changes and specific governmental decision s on the operations of extractive industries needs to become as systematic and integrated into corporate decision -making as economic analysis has become over the past two decade s."

Jan 1, 1983

By Werner W. Scholz

A corrosion-resistant lining is, quite often, selected on the merits of its corrosion resistance only. This paper demonstrates the effects of temperature, pressure, weather, design aspects and variances of physical properties within the scope of the generic designation of a corrosion-resistant material or materials. The base for the study is a rubber- and brick-lined steel vessel, with unchanged chemical conditions. Graphs and sketches illustrate the various effects of physical influences on the selected lining specifications.

Jan 1, 1979

By Frederic Benard

THE Ontario Refining Company, Limited, wholly-owned subsidiary of The International Nickel Company of Canada, refines the entire blister copper output of the latter's Copper Cliff smelter. Prior to 1936, the blister was cast in 460-lb. cakes at the smelter, loaded on open cars, and transported by rail to the refinery, a distance of approximately 1 1/4 miles. Here the cakes were transferred to the plant narrow-gauge system, charged to furnaces, and re-melted. This procedure necessitated the operation of holding furnaces and casting machines at the smelter -extensive re-handling-and melting down of a cold charge at the refinery. Transfer of the copper in molten form direct from converters to anode furnaces promised a considerable reduction in costs, and this possibility was investigated. As a result, a portable holding furnace, or hot-metal car, was designed and constructed. It was placed in operation in July, 1936, to be followed a year later by three additional units of slightly modified design. Figure 1 shows the original car, and Figure 2 the lacer type. With four cars in service, operations were placed on an all 'hot-metal' basis.

Jan 1, 1938

By Robert B. Parsons

"The annual onslaught of provincial budgets and tax changes is complete, and once again the Canadian taxpayer is being asked to dig deeper into his pocket to fund old and new programs. It is noteworthy that 1987 tax reform promised lower taxes, but a broader fax base. Five years later, we still have the broader tax base, but the lower faxes have gradually crept up to pre-tax reform levels. Surprise! Surprise!IntroductionThe last edition of Tax Notes commented on some important proposals announced in Manitoba's 1992 budget. In this issue, Tax Notes summarizes the 1992 budget proposals of British Columbia, Ontario and Quebec. These budgets reflect the continuing trend of transferring responsibilities and the related costs-from the federal government to the provinces. As well, the budget papers bear witness to the respective governments' political stripes. British Columbia, Ontario and Quebec are seeking higher tax revenues. Only Quebec continues to acknowledge the importance of the mining industry in its annual budget documents."

Jan 1, 1992

By A. Diaz, Minera Los Pelambres, C. G. Salinas, G. Leinenweber, F. Diaz, D. Rojas, R. Bernal, O. Jimenez

"Los Pelambres Mine (MLP) is located in the IV Region of Chile, a semi-arid region where water plays a key role in operations as a scarce resource and is vital for the sustainability of human life, animals and ecosystem. The conventional flow meters installed on pipes at MLP can fail to provide an accurate measurement due to corrosion and/or fouling on the inner wall or presence of elements in the water such as acids, salts and suspended solids. Conventional flow measurement methods require the inner diameter to be known, however it is not always possible to assess its real value due to scaling, fouling, corrosion, etc. Here we present a novel methodology to solve these problems, which consists of the measurement of flow by a method that does not require the internal area of the pipes: the fluorescent tracer dilution method. In addition, the fluid velocity can be determined by the transit time of a radioactive tracer method. With the flow rate and velocity, the equivalent area is determined and thus the equivalent internal pipe diameter as well. This methodology was applied in a recirculation pump station, for mineral processing from the El Mauro tailings dam.This work demonstrated adequate correlation between measurements from fluorescent tracers and velocity measurements from radioactive tracers, both of which lead to the assessment of the internal diameter of pipes with scaling. The results of both methods disagree with the data provided by the flowmeter installed on the line due to its miscalibration. This information is useful in validating and correcting the information provided by online flowmeters of all water and solutions transport processes in filled pipes.INTRODUCTIONPresently, the need to optimize water resources is increasingly ever important, due to various reasons such as water scarcity, community empowerment, an increased use of water for mining processes and environmental considerations. Taking into account those main considerations, Los Pelambres Mine decided to focus on water conservation to avoid losses of this vital element. They decided to demonstrate that all of the systems that used water (flow meters, pipes, pumping stations, lagoons, etc) were in good condition and that no evitable loses of this important resource occurred. A plan was proposed to conduct a “hydraulic assessment” of fluid flux and water speed at different points and courses at the mine, with the purpose of obtaining hard data to support, verify and correct the information provided online from specific instrumentation dedicated to those purposes. The final goal was to manage the water resource basin in a sustainable way, based on cross-checked information. The chosen points are representative of the processes present in the mine, such as recirculating water stations at different operating conditions and surface water courses, where the fresh water capture systems operate."

Jan 1, 2016

By Martin G. Wafforn, George J. Greer

"In early 2014, Pan American Silver Corp. commenced a project to construct a second shaft at its La Colorada underground mine located in Zacatecas State in Mexico. This was the first new shaft development project undertaken by Pan American Silver in the history of the company. The existing mine workings permitted the use of a raise bore for the excavation of the shaft opening, utilizing directional drilling in poor ground conditions to advance the pilot hole. This was an interesting project with many challenges and successes, and numerous lessons learned. The project was successfully completed in 2016, with the shaft operating at full mine production capacity within weeks. INTRODUCTION The La Colorada Mine has a long history dating from at least the 1920’s. The mine is located in the northern portion of Zacatecas State in Mexico in the Chalchihuites area, an approximate two hour drive south from the city of Durango. Pan American Silver acquired the La Colorada mining concessions in 1998, with mine production at that time consisting of only a few hundred tonnes per day. Over the course of the following 15 years, with the addition of an oxide processing plant and some expansions to the sulphide processing plant and site infrastructure, production was eventually increased to a maximum of 1,250 tonnes per day, all of it generated from conventional cut-and-fill stopes in the underground mine. An existing shaft was used to hoist the ore to surface, and over the years Pan American Silver had deepened the shaft and had changed out some of the hoisting plant. However, there were historic workings in close proximity to the shaft that made it unsuitable for personnel transport, and shaft maintenance was becoming difficult. The shaft was increasingly considered as a risk to the long term production continuity, and also to further deepening of the mine. In addition, expanding the capacity of this old shaft was not possible. Drilling of the La Colorada mineralization at depth commenced in 2010, with very good exploration success. As a result, by the end of 2013, the mine reserves had grown to a total of 6.5 million tonnes of high grade ore (388 g/t Ag, 0.36 g/t Au, 2.4 % Zn, and 1.3% Pb). Furthermore there were more (and higher grade) sulphide reserves than oxide reserves at depth. Following the completion of an internal study in 2013 with assistance from one of the international shaft contractors, a decision was made to increase the production from the mine with the construction of a new shaft and a new sulphide processing plant, a project with a calculated payback of 2.2 years."

Jan 1, 2019

By Gene O. Cowie

"Zinc, which once enjoyed an unchallenged position in the field of decorative applications, has lost a substantial share of its markets to other materials, particularly plastics. This turn of events has led the zinc industry to explore new market areas, particularly those applications where the engineering properties of zinc can be utilized. This paper gives an overview of the zinc industry's efforts to develop the data base and product development technology which have enabled zinc alloys to emerge as engineering materials. It also indicates those areas in which the research facilities of the zinc industry must be employed to ensure that zinc alloys keep pace with developments in competitive materials and processes.The Materials RevolutionThe development and utilization of new materials and manufacturing processes progressed for centuries by evolution. Recently it erupted into a revolution, which may become as significant as the industrial revolution. The materials revolution has impacted upon many industries, but none has been affected more traumatically than the North American automotive industry. The plight of that industry is of great importance to us because their problems have, to a great degree, become problems to the zinc industry.Much of the impetus behind the automotive trauma came from the battery of motor vehicle regulations promulgated by the United States government in the 1970s. These regulations required that the efficiency of passenger cars, in terms of miles per gallon, be approximately doubled in ten years. In view of the fact that major changes in the automotive world require three years of lead time to implement, the industry was left with only seven years to perform the task. The automotive industry was simultaneously required to make progress in other areas, such as reduced emissions, reduced cost of repairs and increased levels of occupant safety. These added demands not only diverted some of the available resources away from efficiency goals, they often ran in direct conflict. For example, when you are required to provide a front bumper which will absorb the energy of a 5-mile -per-hour barrier collision, you must add both hardware and structure to the vehicle. This adds weight, and increased weight reduces miles per gallon."

Jan 1, 1983

By Robert B. Parsons

"During hard times, the focus on tax issues makes a slight change in direction. Mining companies contemplate the tax treatment of transactions and circumstances which are the product of a difficult financial environment. Some of these issues are discussed in this month's edition of Tax Notes.Every industrial sector in Canada is undergoing a major restructuring of some form, and the mining industry is not an exception. The longest recession since the Great Depression continues to affect the economy. Mining firms seek to bring their debt/equity ratios into line, and try to replenish depleted retained earnings by selling assets. This month, Tax Notes briefly examines some of the tax issues which are generally encountered during the course of such a restructuring process.Debt SettlementOne question which commonly arises during hard times concerns the tax treatment of a "" gain "" realized by a debtor on the settlement of a debt. Consider, for example, a simple situation where a creditor wants to protect itself from further losses, and makes a deal with the mining company to accept a cash payment of $8 million in full settlement of a $10 million loan. In financial terms, the debtor has made a $2 million gain on the settlement of the debt. What is the tax treatment of that gain?The Income Tax Act (the Act) contains provisions in section 80 of the Act and in section 5400 of the Income Tax Regulations which deal specifically with this question. First of all, it is noted that the $2 million gain is not brought directly into income for tax purposes. However, as indicated below, the gain could affect the debtor's income indirectly to the extent that certain of the debtor's tax pools must be reduced by the amount of the gain."

Jan 1, 1993

By W. M. Williams

"Although manganese is a metal virtually unknown to the layman, it is hardly necessary to point out to the engineer the importance of manganese in modern metallurgy, an importance intimately linked with iron (and steel), the basic materials of engineering construction for hundreds of years and certain to remain so for long into the future. World steel production will approach and perhaps reach 1 billion tons/year in the 1980s; with a manganese content between 0.5% and 1 % in ordinary steels, and more in specialty steels, manganese use worldwide will soon approach 15 million tons annually. Manganese was discovered and isolated in Sweden in 1774 by Karl Wilhelm Scheele (who also discovered molybdenum), but the element was only of scientific interest for several decades. By the early part of the nineteenth century, however, manganese oxide had become commercially available and was in use for colouring glass and for the production of chlorine. Commercial application in metallurgy appears to have been limited to the manufacture of crucible (or ""cast"") steel, a highquality product made by carburizing wrought iron, and melting it in small batches to make ingots which could be rolled and used for special applications, e.g. for the manufacture of fine tools or for ""steeling"" the cutting edges of implements such as wrought iron axes and chisels.* However, it was not until Bessemer's epoch-making invention of cheap steel in 1856, and the dramatic expansion of the steel industry thereafter, that manganese assumed the importance that it holds in modern steelmaking."

Jan 1, 1999