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By R. W. Coburn

The results of field experiments on wells which required stimulation indicated that engineered well-completions will cause an increase in ultimate recovery at reduced costs. Techniques and tools have been developed which can be used to establish well conditions most conducive to successful stimulation. Cementing, perforating and treating are bound together so completely that the success of one phase is completely dependent on the .effectiveness of the preceding phase. A method of determining the efficiency or effectiveness of any given well-stimulation treatment has been derived. Pressure behaviour during a treatment can be analyzed to yield the total percentage of the formation which has been treated.

Jan 1, 1960

By N. Kuyucak

"Acid mine drainage (AMD) is one of the most significant environmental challenges facing the mining industry worldwide. It occurs as a result of natural oxidation of sulphide minerals contained in mining wastes at operating and closed/decommissioned mine sites. AMD may adversely impact the surface water and groundwater quality and land use due to its typical low pH, high acidity and elevated concentrations of metals and sulphate content. Once it develops at a mine, its control can be difficult and expensive. If generation of AMD cannot be prevented, it must be collected and treated. Treatment of AMD usually costs more than control of AMD and may be required for many years after mining activities have ceased. Therefore, application of appropriate control methods to the site at the early stage of the mining would be beneficial.Although prevention of AMD is the most desirable option, a cost-effective prevention method is not yet available. The most effective method of control is to minimize penetration of air and water through the waste pile using a cover, either wet (water) or dry (soil), which is placed over the waste pile. Despite their high cost, these covers cannot always completely stop the oxidation process and generation of AMD. Application of more than one option might be required.Early diagnosis of the problem, identification of appropriate prevention/control measures and implementation of these methods to the site would reduce the potential risk of AMD generation. AMD prevention/control measures broadly include use of covers, control of the source, migration of AMD, and treatment. This paper provides an overview of AMD prevention and control options applicable for developing, operating and decommissioned mines."

Jan 1, 2002

By Kodi Ranga Swamy, N. Sankar, M. Akhila

"Until recently, liquefaction-related studies concentrated on clean sands believing that only sands are susceptible to liquefaction. However, a few earthquakes like 1976 Tangshan earthquake, the 1989 Loma Prieta earthquake, the 1999 Kocaeli earthquake, the 2010 Chile earthquake, and the 2011 Christchurch earthquake, etc. showed that sand with fines could also liquefy. The research findings on liquefaction of silty soils are limited, and several structures constructed on such soil deposits are damaged during the past earthquakes. Some previous results of research on earthquake events show an increase of liquefaction resistance in silt soils with increase the fines content, but some report the opposite trend. This study presents the results based on undrained triaxial cyclic tests which were carried out on the fine sand with fines (0%, 10%, 20% and 40% fines). The samples were prepared at the required unit weight (Dr = 50%) and saturated by using back pressure and cell pressure increments. Each consolidated sample is subjected to cyclic loading with sinusoidal wave load form at a frequency of 1 Hz. The liquefaction resistance is evaluated in terms of cyclic stress ratio required to cause 100% pore pressure or 20% failure strain occur at 15 numbers of load cycles. Results are presented in forms of pore pressure build up and axial strain propagation plots. As the fines content increased, an increase in liquefaction potential was observed.INTRODUCTIONLiquefaction and related phenomenon have been responsible for tremendous amounts of damage all around the world. In general, the liquefaction may occur in fully saturated sands, silts and low plastic clays. When the saturated soil mass is subjected to seismic or dynamic loads, there is a sudden buildup of pore water within a short duration, and it could not dissipate which leads to reducing the effective shear strength of soil mass. In this state, the soil mass behaves like a liquid and causes large deformations, settlements, flow failures, etc. This phenomenon is called soil liquefaction. As a result, the ability of soil deposit to support the foundations of buildings, bridges, dams, etc. is reduced. Liquefiable soil also exerts a higher pressure on retaining walls.This lateral movement of soil could cause settlement of the retained soil. A sudden build-up of pore water pressure during quake also triggers landslides. Liquefaction damages of structures are commonly observed in low-lying areas near the rivers, lakes, and oceans."

Jan 1, 2017

By J S-L Chan

"An EXTENDED ABSTRACT is available for download. A full-length paper was not prepared for this presentation. Cu-Ag-Au mineralisation at Kluwih prospect in Eastern Java, Indonesia is related to a high-sulfidation hydrothermal system within a volcanic dome (2.35 × 1.7 km diameter). The mineralisation occurs mainly in steeply dipping, structurally-controlled quartz-enargite-pyrite veins (several centimetres to 2 m wide) and is hosted mainly in porphyritic dacite, volcaniclastic rocks and volcanic breccia of the dome and in an underlying andesite that yielded a zircon U-Pb age of 11.5 Ma.Short wave infrared spectrometer analyses were carried out for alteration mapping at Kluwih. There are two main stages of alteration produced by the hydrothermal activity. The alteration mineral assemblages indicate an advanced argillic alteration. The Cu mineralisation occurred in the form of enargite and subordinate chalcopyrite with an intergrown texture in the early stage. These mineralised veins are characterised by narrow pyrophyllite ± diaspore and dickite selvages (metres wide) and a peripheral K-muscovite envelope (sericitic alteration) up to 100 m wide. The K-muscovite envelope is zoned outward to Na-muscovite or Na-illite. Late-stage kaolinite and smectite alteration overprints the porphyritic dacite and may obscure the nature of early mica-clay alteration. The spatial distribution of different alteration assemblages suggests that the temperature of hydrothermal fluid increases with depth.Both the high-sulfidation mineralisation and advanced argillic alteration are suggested to be related to magmatic-hydrothermal fluids, which are likely to originate from an undiscovered deeper porphyry Cu-Au system below the porphyritic dacite. Based on alteration mapping results and comparisons to similar deposits, the porphyry intrusion could be up to 500 m below the volcanic dome. Further geochemical and mineralogical studies may help to target the potential underlying porphyry system.CITATION:Chan, J S-L, 2015. High-sulfidation epithermal Cu-Ag-Au deposit, Kluwih, eastern Java, Indonesia – alteration and implications for potential porphyry cu mineralisation, in Proceedings PACRIM 2015 Congress, pp 213–218 (The Australasian Institute of Mining and Metallurgy: Melbourne)."

Mar 18, 2015

By J Coward, S Bulatovic

There are currently two operators producing oil from the surface-mineable portions of AlbertaÆs oil sands (Syncrude Canada Ltd and Suncor Inc) and two other companies are proposing to enter the industry (Albian Sands Energy Inc in 2002 and True North Energy LP in 2004). Tailings from the two current oil sands plants contain approximately 220 000 tonnes per year of TiO2 and approximately 80 000 tonnes per year of zircon. This represents approximately six per cent of the worldÆs TiO2 consumption and approximately nine per cent of the worldÆs zircon production. With the commissioning of plants by Albian and True North, and the announced expansion of plants by Syncrude and Suncor, it is expected that these tonnages could quadruple in the next ten years. All of these operators have at least 50 years of reserves even at these expanded production rates. The occurrence of heavy minerals in AlbertaÆs oil sands has long been known and is well documented in the literature. There have been a number of attempts to produce market-grade products from this resource and the results of this work have been quite mixed. Typically, researchers have used the normal mineral dressing techniques of the industry and have found the mineral assemblage does not respond to these techniques all that well. This has led to the widely-held suspicion that there must be some difficult metallurgical problems associated with this resource. There are three main problem areas that have created difficulties for previous researchers:the bitumen coating on the sand grains; secondary mineralisation such as pyrite, siderite and calcite; and a high proportion of aluminosilicates (approximately 25 per cent) that have the same gravity, electrostatic and magnetic properties as other minerals in the heavy mineral suite. Recent work by Lakefield Research shows that these problems can be largely overcome with some novel approaches. The bitumen can be removed by washing with a solvent in the presence of a demulsifier; the pyrite can be removed by flotation; and the titanium and zircon minerals can be separated by selective flotation followed by conventional electrostatic and magnetic separation.

Jan 1, 2001

By Madgwick J. C

A novel, microaerobic, heterotrophic microbial leaching system for manganese dioxide is described. Mixed natural microflora were enriched by addition of sugars and crude plant nutrItIOnal supplements. Between 84 and 104 mg MnH was solubilized per gram sugar at I per cent (w/v) concentrations for fructose and galactose in the presence of 0.03 per cent w/v dried microalgae (a Chlamydomonas species). Some 42 per cent soluble manganese was dissolved by microbial action on MnO, (3 per cent (w/v) pulp density) using a 10 per cent (w/v) molasses growth substrate.

Jan 1, 1983

By I. S. Parrish

This article offers one of the infrequent looks at Chinese mining. It includes a brief review by Parrish of a tungsten symposium held there and his comments on and impressions of the mines he visited. In early Oct. 1981, a Symposium on the Geology of Tungsten was held in the Peoples Republic of China. There were approximately 100 participants. Half of them were Chinese. The remainder included representatives of the United Nations, geologists from other nations in Southeast Asia, and 10 invited specialists from other countries. The invited guests included K.F.G. Hosking of the Camborne School of Mines, United Kingdom; C.S. Hutchinson of the University of Malaysia; K. Mattson of LKAB Int. AB, Sweden; T. Kwak of Latrobe University, Australia; K. Sato and S. Ishihara of the Geological Survey of Japan; M. Clarke of the Department of Mineral Resources, Indonesia; P. Bateman of the US Geological Survey; and the author. R. Horsnail of Amax was also invited but was unable to attend because of delayed visa clearance. The meeting was noteworthy because the Chinese were presenting more than half the papers. In addition, following the formal session, everyone was taken to the famed Jiangxi tungsten district and toured four mines there. Organization and Background The idea for a symposium on tungsten geology was brought up in late 1979 during a visit to China by the Economic and Social Commission for Asia and the Pacific (ESCAP) and, in particular, by members of the Regional Mineral Resources Development Centre (RMRDC) of the United Nations. Discussions continued and in the spring of 1981 invitations were sent to selected geologists throughout the world. China's Ministry of Geology handled arrangements, scheduling, and logistics. Travel to China and all correspondence before the symposium were coordinated by the Bandung, Indonesia Bureau of RMRDC. All costs in China were met by the Peoples Republic of China. Airfares and "per diem" enroute for participants were paid by respective governments, sponsors, or individuals. On Oct. 10, visiting participants entered China from Hong Kong. The author and a few others traveled by train to Guangzhou (Canton). Most of the group flew in the next day. The entire group was then taken to Nanchang, traveling by sleeper train and arriving on Oct. 11. The symposium group stayed at the Kiangsi Hotel, where the meetings were held. Meetings Oct. 11 was a day of orientation and rest. The group was taken to an art museum and treated to a Chinese opera movie. The formal meetings began on Monday, Oct. 12. Simultaneous translations aided presentations, though more than half the Chinese speakers delivered their talks in English. The acoustics and sound system were excellent, and the Chinese provided 35-mm and overhead projectors. There was no screen, however, and the yellow, painted wall that was used detracted from projection clarity. In general, the Chinese papers were detailed, thoughtful, and professional. Some, naturally, were stronger than others. Taking them as a unit, one derives the following sequence to the Chinese approach to tungsten exploration: (1) Geologic investigations with mapping at a scale of 1:200,000 accompanied by only minor geochemical or geophysical work. (2) Geophysical investigation with regional gravity and magnetic surveys directed toward identifying deep, tectonic systems and seeking granites in thick, crustal environments. (3) Geochemical sampling in-

Jan 6, 1982

By Peter Wells, Adrian Sabau, Turgut Yalcin

"The nickel ores of Sudbury contain substantial amounts of the gangue mineral pyrrhotite (Fe7S&) which causes certain diflculties in the milling of these ores. This paper proposes a process called “magnetoflotation” as an effective means of dealing with pyrrhotite. The method reduces the pyrrhotite content of concentrates by applying a magneticjield on the path product as it leaves the flotation cell.Successful performance of magnetoflotation requires the optimization of several variables. In this study, three of the variables (air flowrate, collector concentration, pother concentration) were investigated by Box- Wilson experimental design, and others (magnet speed, grind size, pulp density, flotation time) were examined individually. The process was tested on a Falconbridge nickel ore, assaying 1.92% Ni, and under the best operating conditions, a concentrate was obtained with 13.56% Ni grade and 74.32% recovery in a single step. Further improvements to grade and recovery were possible by cleaning and scavenging. The same ore was also tested with conventional methods for comparison, and results indicated that magnetoflotation performed better.INTRODUCTION“Magnetoflotation” refers to the process of carrying out magnetic separation and flotation simultaneously within the same device, and is intended to prevent magnetic minerals from reporting to the froth products while non-magnetic minerals are being floated. Typical cases where this method might be beneficial include the processing of magnetite and nickel ores. Its use on magnetite ores has been reported elsewhere [Yalcin, 1992; Yalcin, 19931. This paper describes its application to nickel ores, more specifically to the nickel ore of Falconbridge Limited in Sudbury."

Jan 1, 1999

By Roberto J. Guardia, Robert A. Robinson, John Wilkerson, Wick Haxton

Several candidate sites have been proposed for the Deep Underground Science and Engineering Laboratory (DUSEL), a facility that would provide over 2000 meters of overburden to screen out cosmic rays that would otherwise interfere with experiments. Types of anticipated experiments include: detection of dark matter and stellar neutrinos, and evaluation of deep microbial life forms. Engineering experiments might include more refined scanning devices to “see” rock defects ahead of tunneling, improved predictive models for groundwater inflows and tunnel support requirements, and improved instrumentation for monitoring in-situ stresses, rock deformations, and pore water pressures. Spin-offs from this research might include more sensitive security detectors for scrutinizing shipping containers, new drugs based on new microbes, and improved sensor systems for tunneling. A site near Leavenworth, WA, was assessed and shown to have numerous topographic and geotechnical advantages. Rock cover is on the order of 2250 meters. The granitic bedrock is suitable for tunneling a variety of large underground openings.

Jan 1, 2005

By S. Ndlovu

To investigate the influence of orientation of crystal lattice on the bacterial leaching of pyrite crystals, single crystals of 100, 111 and110 plane orientations were used for the study. Experiments were carried out in the presence of a Thiobacillus ferrooxidans culture. The different corrosion patterns observed on the surfaces of the bioleached samples suggests a variation in cell-surface interaction from one crystal plane to the other. The surface corrosion patterns generally reflected the influence of the symmetrical arrangement of the atomic planes in the lattice on which they formed. The results indicate that the surface properties of mineral sulphides may control the evolution of corrosion patterns and consequently the initial oxidation process in acid bacterial leaching.

Jan 1, 2004

Cokriging uses a sparsely sampled, but accurate and precise primary dataset, together with a more abundant secondary data-set, for example grades in a polymetallic orebody, containing both error and bias, to provide improved results compared to estimation with the primary data alone, as well as filtering the error and mitigating the effects of conditional bias. The method described here may also be applied in polymetallic orebodies and in other cases where the primary and secondary data could be collocated, and one of the data-sets need not be biased, unreliable, etc. An artificially created reference data-set of 512 lognormally distributed precious metal grades sampled at 25×25 m intervals constitutes the primary data-set. A secondary data-set on a 10×10 m grid comprising 3200 samples drawn from the reference data-set includes 30 per cent error and 1.5 multiplicative bias on each measurement. The primary and secondary non-collocated data-sets are statistically described and compared to the reference data-set. Variograms based on the primary data-set are modelled and used in the kriging of 10×10 m blocks using the 25×25 m and 50×50 m data grids for comparison against the results of the cokriged estimation. A linear model of coregionalization (LMC) is established using the primary and secondary data-sets and cokriging using both data-sets is shown to be a significant improvement over kriging with the primary data-set alone. The effects of the error and bias are filtered and removed during the cokriging estimation procedure. Thus cokriging using the more abundant secondary data, even though it contains error and bias, significantly improves the estimation of recoverable reserves.

Jan 1, 2014

During the drilling campaign conducted between October, 1942; and May, 1943, to prove the extent of the scheelite deposit worked by King Island Scheelite N.L. at Grassy, King Island, Tasmania, 35 holes were drilled and 606 samples recovered and assayed for their content. Of these, 238 came from outside the limits of the orebody and were for the most part barren, although a few contained some scheelite. The present statistical analysis is made only of the 368 samples taken from diamond-drill cores of the orebody itself.Drilling Pattern and Sampling MethodsFrom the purely statistical viewpoint, it is realised that methods employed in selecting sites for diamong.-drilling, and of collecting samples from drill cores, do not give a completely unbiassed set of data for analysis. Fig. 1 is a sketch plan showing the relativepositions of the drillholes, which were inclined at an angle of depression of 50 deg. The pattern does not conform to a properly randomized and' regularly-spaced grid, the positions of the later holes being determined by the results obtained from previous holes.Statistically, the bias is, therefore, favourable. The unequal spacing of the drill holes and the lack of uniformity in direction of the lines along which the holes were drilled are unsatisfactory from the mathematical viewpoint; but it is realised that these irregularitiesare difficult to avoid in determining by the most economical methods the extent of such an orebody, and are dictated by geological rather than mathematical necessity.Sampling, also, is lacking in complete uniformity. Each sample is approximately 10ft. in length. However, owing to the fact that 100% recovery of core is rarely achieved, and actual lengths of samples taken are ,primarily governed by the length of the drill runs,and secondarily by lithological changes, there is a considerable amount of variation in the sample length.AssayingWith the exception of 28 samples from three drill holes all samples dealt with in this paper were assayed in the Melbourne University Ore-Dressing Laboratory of the Commonwealth Scientific and Industrial Research Organisation. These assays were given to the nearest 0.05% WOg as it was considered that more accurate determination was not possible. This fact has been taken into consideration in the frequency analysis below. The 28 assays determined by the Tasmanian Mines Department were given to the nearest 0.01%.

Jan 1, 1950

By Jiwei Duan

The energy transferred from a hammer to the pile top is considered as the effective energy in this paper. The effective energy is related to the pile dimensions, soil and pile-soil interface properties. This relation may be expressed as an equation based on the dimensionless theory. The relationship between pile capacity and effective energy was studied by performing a series of wave equation analyses using a commercial software called GRLWEAP (Wave Equation Analysis Program) by GRL Engineers, Inc. The results show that the pile capacity increases with the blow count when the effective energy is constant, however, it has a little change as the blow count is over 100 blows per foot. The pile capacity decreases as the ratio of pile penetration depth to pile diameter increases if the effective energy is constant. The pile capacity will increase as the pile diameter and wall thickness increases if the effective energy is constant. The pile stickout (pile length above the ground surface) does not have a significant effect on the effective energy and may be neglected. Curves for pile capacity versus effective energy are presented to be used for preliminary hammer selection according to effective energy and hammer efficiency. Finally, a case from PDA testing was studied. Measurements of the effective energy and pile capacity by CAPWAP were presented and compared with the results by GRLWEAP.

Jan 1, 2006

By J. E. Nesset

The bubble size, together with the gas rate, determines the bubble surface area flux in flotation machines and, therefore, impacts directly on the kinetics of flotation. Understanding the variables that influence bubble size is one of the keys to understanding flotation recovery. Surprisingly, these relationships are poorly understood, largely due to the difficulties associated with gas dispersion measurements in industrial environments. The McGill gas dispersion sensors (bubble size, gas rate, gas holdup) are capable of reliably making such measurements. This paper reports on a study, using the McGill sensors in a 0.8 m3 Metso RCSTM pilot cell, which investigated the effect on bubble size of frother type and concentration, gas rate, temperature and rotor speed. A Denver laboratory cell was used to investigate the effect of elevation above sea level. Frother concentration proved to have the predominant influence on bubble size, and the effect of frother type can be normalised as a function of the critical coalescence concentration (CCC). Measurements made at many plant sites worldwide are compared to the model developed using the Metso RCSTM unit.

Jan 1, 2007

By Y. Mitani, F. Vallier, T. Esaki

Shear-flow coupling tests are conducted using an original apparatus, and a shear-flow coupling model using Geographic Information System (GIS) is developed in order to evaluate shear-flow coupling properties of a rock joint. Shear-flow coupling tests indicate that the hydraulic conductivity of joint once decreases, and then rapidly increases at the shear displacement near the peak shear stress. The proposed model simulates the test results relatively well. However it indicates that it is difficult to apply the local ‘cubic law’ model in the initial shear stage, in which the change of selective flow path is remarkable. Scher-Fliess-Kopplungsversuche werden mit einem neuartigen Versuchsgerät durchgeführt und mithilfe von Geo-Informationssystemen (GIS) gedeutet, um so ein Modell für die Scher-Fliess-Kopplung in Gebirgstrennflächen zu entwickeln. Die Versuche zeigen, dass die hydraulische Leitfähigkeit zuerst abnimmt, dann aber schnell wieder zunimmt sobald die maximale Scherfestigkeit erreicht ist. Das vorgestellte Modell bildet die Testergebnisse relativ gut nach. Es zeigt auch, dass es schwierig ist, das lokale Cubic Law im Initialstadium der Scherbeanspruchung anzuwenden, in dem die Variationen selektiver Fliesswege gross ist. Les essaies hydro-mécaniques couplés en cisaillement sont réalisés grâce à un appareil éxperimental prototype et un modèle de couplage hydro-mécanique utilisant le S.I.G (systeme d'information géographique) développé dans le but d'évaluer les propriétés hydro-mécaniques des joint rocheux. Les résultats indiquent que la conductivité hydraulique des joints décroit puis augmente rapidement en se rapprochant du pic de cisaillement. Le modèle proposé simule relativement bien les résultats expérimentaux ; mais indique également qu’il est difficile d’appliquer localement la loi cubique au début du cisaillement où, les changements d’orientation dans le réseau d'écoulement sont considerables.

Jan 1, 2003

Authors have been conducting research on autonomous loading operation by wheel loader. Autonomous loading cycles has been demonstrated with real size experimental model. In V shape loading operation, travelling between scooping point and dumping point is dominant factor for cycle time of the operation. The positions of scooping point and dumping point changes with advancing the operation. In the developed system, path planning is performed at the beginning of every cycle. The path is formed by combination of curve and straight path elements. During travelling on the planned path, path following control is applied on the loader to keep position error in narrow range. Positioning of the loader is based on dead reckoning with correction by global positioning system (GPS) data. In a process of path following control, control value for steering angle is determined based on position error in lateral direction. Proposed method of path planning and position control is installed and tested in the real size experimental model. The detail and results will be described in the paper.

Dec 6, 2010

By M. Ksiazek

Keywords: Thermal conductivity, thermal diffusivity, flash method, specific heat capacity, manganese ore Manganese ferro-alloys manufacturing involves a combination of quality raw materials and an energy source to produce high-quality products with low energy consumption. The thermal properties of manganese raw materials such as ores, sinters, and briquettes, are among the many factors that determine the amount of energy needed for processing. Thermal expansion, thermal diffusivity, conductivity, and apparent specific heat capacity of solid samples and compacted powder samples of manganese ores were examined from room temperature to 1000 °C. The effect of porosity (of the materials used) on the thermal properties was also investigated. The laser flash method and a pushrod dilatometer were used.

Jan 1, 2011

Minerals processing needs a step change in energy efficiency. While the search for new technology breakthroughs is important, huge gains are still available by better using existing research outcomes. This potential remains untapped due to a combination of organisational 'silos', inappropriate performance measurement, and poor science in some areas. It is time to see the elephant in the mill.

Sep 13, 2010

By Christopher Mark

Pillar recovery continues to be one of the more hazardous activities in underground coal mining. Safety requires that the roof above the intersection remain stable until after the pillar has been extracted. Artificial supports (timbers and Mobile Roof Supports) arc essential to roof stability, but so is the final remnant stump or pushout. Traditional mining practices usually called for the complete extraction of the final stump, but the recent trend (both in the U.S. and internationally) seems to be towards mining plans that leave a remnant stump. For this study, a sample of roof control plans from the Mine Health and Safety Administration (MSHA) Coal Districts were analyzed to determine current pillar recovery practices. Both full- and partial- extraction plans were included. Special attention was paid to whether plans require that a final stump be left, and whether requirements regarding the dimensions of the remnant stump are included. Foreign experience with final stumps is also summarized. It seems that the risk of major pillar falls can often be reduced by leaving final stumps that are large enough to protect the intersection, but small enough that they do not inhibit the caving of the gob. Because final stumps are often irregular in shape, a new approach for estimating their strength is described. Analyses were conducted to assess the effect of seam height and depth of cover on the potential variation in the size of remnant stumps.

Jan 1, 2001

By B. F. Westfall

Throughout the 1960's and 1970's world trade grew rapidly, reaching a peak of USS1.8 trillion in 1980. Since then the world recession of the early 1980's shrunk trade to about US$1.6 trillion. The reduced cash flow to developing economies made it difficult to service their huge international debts, Nowadays lenders are reluctant to grant Third World countries additional credit. The shortage of export financing, plus trade barriers set up by developed countries, is further inhibiting international trade. Therefore, countries are turning to new and creative alternatives to financing imports of consumer as well as of investment goods. Non-cash transactions, including different forms of countertrade, are rapidly growing alternatives to traditional trade financing patterns. In 1983 about 30% of international trade, or close to US$600 bill ion, were presumably done by non-cash transactions, up from barely 2% in 1976. By year 2000, half the world trade is likely to be conducted on basis of barter. As of mid-1984 some 88 nations used countertrade regularly and Governments of at least 15 Latin American countries had arranged or mandated commercial countertrade.

Jan 1, 1986