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By E. V. Deshayes, W. E. Young

"INTRODUCTION The Camp Bird mine was investigated by Bureau of Mines engineers 3/ September 22 and 24, 1942, and April 29 and 30, 1944. In a subsequent report and supplement, it was recommended that core drilling be done below the 14th. level to determine if commercial ore existed at greater depths, and particularly if ore existed in the vein or adjacent thereto where it passes into the sedimentary formations estimated to underlie the volcanics approximately 400 feet below the 14th level.Seven diamond-drill holes aggregating 3,956 feet were drilled. Four of these holes were under the Hematite ore body and three were under the Big Discovery ore body. Two holes under, the Hematite ore body wore directed at angles but little steeper than the angle of dip of the vein and penetrated the sedimentaries beneath the volcanics close to the vein. Enough low-grade ore was found at the base of the Telluride conglomerate to indicate the presence of a large body of low-grade zinc sulfide ore. Two holes were directed to crosscut the vein at a depth of approximately 125 feet below the 14th level. No commercial ore was cut, but the vein showed the average width and same general characteristics as at the 14th level. One hole under the Big Discovery ore body was directed to crosscut the vein and test the base of the Telluride conglomerate in the footwall block. No commercial ore was found in either the vein or the sedimentary horizon. One hole was directed to test the base of the Telluride conglomerate in close proximity to the vein in the hanging-wall block. This hole was lost approximately 100 feet short of its objective, and a third hole was drilled to accomplish this same thing. The third hole was stopped approximately 50 feet short of its objective when failure of equipment caused a recess of the"

May 1, 1948

By A. Kevin Beaton, Robert W. Laakso

The desire for dry passageways promotes the NATM as it provides a final support system most suitable for the installation of a waterproofing membrane. Waterproofing during construction is a cost effective way to enhance safety and function as well as increasing the life of an underground structure. The NATM approach utilizes the surrounding mass as an integral element of the "ringlike" support system. At the Pennsylvania Turnpike Commission Lehigh Tunnel No. 2 various rock classifications were determined to require support measures ranging from 2 to 12 inches of shotcrete along with spiling, wire mesh, deformed bar, lattice girders and rock bolts as needed. Field instrumentation and monitoring programmes are a key factor for the success of the NATM. When the support "shell" stabilizes smoothing shotcrete, waterproofing and a final liner can be placed.

Jan 1, 1991

By B. K. Ayres

Modern management of uranium mine or mill waste storage facilities (WSFs) often requires that they be remediated or decommissioned with a cover system. In addition to creating a self-sustaining landscape that supports the end land use, cover systems are intended to reduce long-term risks to human and ecological receptors from the stored waste to acceptable levels. The performance and longevity of a cover system will be strongly influenced by the features or shapes of the WSF final landform. Hence, cover systems and landforms must be thought of as an integrated design. Based on the author’s experience, the most important elements of the design process for maximizing the potential of WSF final landforms / cover systems being sustainable over the long term are noted in this manuscript. Several key items that must be considered and addressed during the planning phase of constructing a WSF final landform are also described. Various methods for monitoring performance of a WSF final landform are also reviewed. Key aspects associated with decommissioning a tailings WSF and waste rock pile at the former Cluff Lake uranium mine in northern Saskatchewan are included to illustrate many of the practical insights provided in this paper.

Jan 1, 2020

By Craig T. Jones, Zachary Q. Maassen

"Jet grouting is a method of ground improvement that relies on the erosive capacity of high-speed jets to cut and mix the ground in place with a cementitious grout. A continuous return flow of cuttings, called jet grout backflow or spoils, is expelled to the surface during the grouting process. Data from projects completed in Toronto and Ottawa is presented where BOS Solutions’ services provided significant savings compared to the traditional spoils treatment utilizing vacuum trucks for spoils disposal. These traditional treatment methods are cumbersome and expensive by nature. BOS Solutions provided an alternative solution that is environmentally friendly and capable of handling full flow to process these jet grout spoils utilizing a tank system paired with centrifuges and flocculation additives to remove the ground soils and grout product from the spoils slurry. BOS’ process produced a clean water for reuse in the project while reducing the overall waste volume by producing a dry, stackable solid that could be hauled to a landfill. Benefits observed by using the BOS process were disposal waste volumes decreased over 30% and at least a 19% reduction on disposal costs.SCOPE OF WORKJet grouting is a method of ground improvement that relies on the erosive capacity of high-speed jets to cut and mix the ground in place with a cementitious grout. A continuous return flow of cuttings, called jet grout backflow or spoils, is expelled to the surface during the grouting process. The backflow, or spoils, is a mixture of grout, water and soils. Traditionally, the spoil would be collected in in-ground pits and allowed to solidify for a few days prior to hauling to a final disposal site. For the projects completed in Toronto and Ottawa, the jet grouting work was performed at street level, in high traffic congested areas, presenting the challenge of insufficient space for the contractors to process the jet grout spoils in the traditional way. At first, attempts were made of using vacuum trucks to collect and haul the wet spoils to an off-site location where the spoils would be allowed to solidify. However, this method proved cumbersome and expensive due to the high volumes of spoils generated daily and the high number of vacuum trucks required to support the jet grouting operations, respectively."

Jan 1, 2017

By James Tarr, Matthew Eichler, Brent Tardif

ANFO was being used as one of the blasting agents on a construction site in New England. Groundwater was encountered in numerous blast holes. The blasting contractor was employing typical explosives loading procedures for wet conditions. An abutter to the project complained that blasting caused her well water to have an odd taste and smell. Through testing, it was determined that there were hydrocarbons and nitrates in the well water. Several days later a second neighbor complained of foul tasting water; again it was determined that hydrocarbons and nitrates were present.

Jan 1, 2003

By Guan Jichang

An abandened breakwater, located at the rear of No. 2 berth in Dongdu Port area of Xiamen City, was not cleaned thoroughly when the backfilling of sand started. The uncleaned stone layer was about 2 to 3 meters deep, with the average piece of stone weighing about 1 to 3 kN. A large grain storing house, 220X 60m2 in area, was designed and built at the above mentioned complicated site. The foundation of the grain house are made up of the cast-in-situ piles. It is well known that it is difficult for the submarine engineering drill to go down through such large-sized stones. Having com-pared the various plans, a final decision has been made which involves explosions with small amounts of charge plus cone bit in the enlarging of the size of the pores. Such a method has successfully prevented the pores from slumping and made it possible to fulfill the project without any difficulties. This paper also introduces the ways in effectively dealing with each individual stone.

Jan 1, 1991

By J. S. Young

During 1975, the Reclasource Corporation constructed and commissioned a plant for the recovery of mill scale, coke breeze, blast furnace dust, blast furnace sludge and basic oxygen furnace dust at the site of Crucible Alloy Division, Midland, Pennsylvania. The Reclaform Process was employed as the criteria for plant design. This Process takes the solid in-plant fines as listed above, commonly found in integrated steel mills, sizes and forms them through the use of a carbonaceous binder briquetting system and cures the binder through a final heat-treating step. 15,000 tons of Reclaform briquets have been tested in the Crucible blast furnace in several campaigns structured to assess material handling properties, burden feasibility and finally culminating in an iron and carbon assessment campaign. Data are presented from the records of the blast furnace operation and conclusions are drawn that both iron and carbon utilization have been demonstrated.

Jan 1, 1977

By H. Lyn Bourne

This is the fourth annual tabulation that gives mineral royalty information. The table presents previous information plus about two dozen new entries. In addition to the royalty information, some entries show the cost of purchased reserves. Last year's tabulation appeared in two issues, to accommodate all of the information. This year the format has been changed slightly so the table can be printed in one issue. This year's table presents the commodities in the same sequence as last year. Sand and gravel information appears first, followed by: crushed stone for aggregate; other stone; industrial sand; other industrial minerals; energy minerals (coal, oil shale, uranium); and finally metals. As always, a caveat relates to factors that influence the reserve values. The data should serve only as a general reference. The table is not intended to present an absolute scale of reserve costs. Several factors influence the value of mineral commodities. These factors include: • location and transportation costs (especially significant for most industrial minerals); • market conditions for both the commodity and the company acquiring the right to mine it; • quality or grade of the deposit as it reflects the amount of processing and beneficiation necessary to produce the finished product; • and legislative restrictions and conditions for mining a given material at a given site. These and other factors will influence reserve costs of reserves. The table shows the range of royalties and the variations in the basis of computing the fees. In a few instances, it gives the cost of acquired reserves based on purchase price and quantitative estimates of the material in place. The table lists the commodity; the location (either by state, US geographic area, or Canadian province); the cost (R for royalty and P for purchased cost); and the year in which the lease or purchase agreement occurred. The last column offers either comments or gives a footnote number for more information. The cost column requires more explanation. The units may refer to cubic yards (/yd), cubic feet (/cuft), tons (/T) (2000 lbs) or acres (/A). 1 cu yd = 0.76m3 1 cu ft =0.28m3 1st = 0.9 t7 1 acre = 0.40 ha or m2 In several cases the royalty is a percentage of the finished products, sale price and is levied against either the amount produced or the amount sold. We thank those who contributed information for the table: J. Dunn, T. Eyde, K. Loda, L. Morgan, F. Nix, H. Sorenson, and L. Williams. Several people have said they would like this to be an annual tabulation. That can happen if new information comes to the writer. What appears in the table is only a very small fraction of the cost information relative to the various commodities and the geographic areas for which there is royalty information. If you find this column of interest and possess information write or call: H. L. Bourne, c/o Neyer, Tiseo & Hindo, Ltd., 38955 Hills Tech Dr., Farmington Hills, MI 48018, (313) 553-6300. Only with new information can this become an annual and current source of reserves costs.

Jan 8, 1986

By D. Anderson Willis, Alan A. Campoli, Douglas Mynear, Seth Mittle, J. Steven Gardner

"The diversification of energy sources in the United States has seen some major shifts during the past decade resulting from:• A sudden abundance of low-cost natural gas becoming available through advanced horizontal drilling and hydraulic fracturing techniques.• Incentive-driven policies leading to new development in alternative energy.• The emergence of alternative energy sources proliferated as a result of state and federal level incentives and falling capital costs.Coal was once recognized as the primary low-cost fuel source for the generation of electricity in the United States for most of the last century, providing upward of 50 percent of the total generation capacity during much of that period. However, within the past decade, lower-cost natural gas has overtaken coal as the primary source of fuel used in electricity generation, and alternative sources have steadily grown to now account for approximately 10 percent of the overall mix.West Virginia and Kentucky have not experienced the full breadth of the fuel shift, and, as of 2016, still obtained approximately 80-90 percent of electric power generation from coal. However, as coal plants are retired, there has been a shift toward natural gas for new power plants constructed in the region. The economics of power generation (i.e., lowcost fuel source) has typically been the major factor in determining shifts from one fuel source or technology to another. However, governmental energy policies and incentives have more recently been used to promote the development of new alternative technologies such as wind and solar energy growth to diversify the energy mix. The implementation of these incentives has provided some needed traction and resulted in driving the cost of manufacturing and installation of these new wind and solar systems downward to be more cost competitive with conventional fossil-fueled power sources. Future shifts in the generation capacity by fuel type will also be inevitable and impossible to project accurately as policies change and innovative technologies evolve. Determining factors may include the expiration of current incentives, decreasing capital costs, future environmental regulations, evolution of energy storage systems, technical challenges associated with increasing intermittent sources of generation and the development of unforeseen technologies. West Virginia and Kentucky have been among the least solar friendly states, ranking 44th and 48th of the 50 states (Fig. 1 for WV). The ranking of other coal producing states are similarly low:• Ohio 20• Pennsylvania 21• Virginia 38• West Virginia 44• Wyoming 45• Kentucky 48• Alabama 50"

Jun 1, 2019

By Milton Fies

Introduction The first experiment in underground gasification of coal in the United States was conducted at Gorgas, Walker county, Alabama, under a co-operative arrangement between the U.S. Bureau of Mines and the Alabama Power Company, at the suggestion of the Power Company. The test was conducted on property of the Alabama Power Company, that owns some 19,000 acres of coal-bearing lands on which there is developed a highly mechanized mine producing some 2,500 cons of good quality steam coal per day. At the same locality ?there is a 200,000 kilowatt steam plant one of the largest in the southern portion of the United States. The Alabama Power Company owes much of its beginning in 1912 to British vision and courage. The original plans for building hydroelectric plants in Alabama, and for the construction of necessary transmission lines, were submitted to Sperling & Company, bankers of London, who agreed to underwrite certain bond issues, the proceeds of which would be used in launching the new Company on its programme. The set-up by which these funds from England were received was through an intermediary Canadian company, which the English investors desired. The Canadian company - Alabama Traction, Light and Power Company, Ltd. became owner of the securities of the Alabama Power Company and marketed its own securities through the banking house of Sperling & Company. Without assistance at this time the Alabama Power Company could not have gone ahead with its programme of expansion and the bringing together of the properties necessary for laying the foundation for a strong Company, fortified with ample power resources essential for future requirements and for dependable service to the public.

Jan 1, 1948

Despite modest improvements in the performance of domestic interest rates and gross national product,1 fixed investment in domestic producers' durable equipment continued to weaken during the second quarter of 1982 and declined at a 12.8 percent annual rate compared with the first quarter.2 Large declines occurred during the second quarter in expenditures on many of the major mineral-consuming industries such as aircraft, computers, agricultural and construction machinery and mining and oil field equipment. These data appear to be consistent with the low level of business investment plans for 1982 reported in the DOC's Bureau of Economic Analysis survey of expenditures on new plant and equipment.3 Domestic and foreign industrial production and mineral industry production activities continued to decline in the most recent period because of weak demand conditions (Tables 1 and 2). The U.S. mining production index declined 7.7 percent between April and June as compared with 1.2 percent for total U.S. industrial production (Table 1).

Jan 1, 1982

Editor?s note: Each year, the June issue of Mining Engineering features an industrial minerals review. Several people put in a fair amount of time in developing the material for this issue. Thank you to the industrial minerals annual review editor, to the technical committees chair and vice-chair, and to the authors of the individual commodity profiles. Jim Norman, member SME, of GeoTrans, Inc., is the industrial minerals annual review editor. SA Ravishankar, member SME, of Cytec Industries, is chair of the industrial minerals technical committees. Technical committee vice chairs include: ? Abani Samal, member SME, of Pincock Allen & Holt, agricultural minerals. ? Aaron McMahon member SME, of Pincock, Allen & Holt, ceramics and refractories. ? Bradley S. Van Gosen, member SME, of the U.S. Geological Survey, chemical raw materials. ? Mark Zdunczyk, member SME, of Continental Placer, Inc., construction materials. ? Jerry Gauntt, member SME, of JEG Minerals Consultants, fillers and pigments. ? Michael Cheshire, member SME, of Indiana University, sorbents, filters and process aids. Their help makes possible this June industrial minerals issue. On behalf of ME readers, the editors thank them.

Jan 1, 2008

By Mengxiong Guo, Xuxin Shao

The recent depressant research is summarized, and a new kind of depressant (SCO) has been put forward in this article. Using Na-oleate as a collector and SCO as a depressant, separation of dolomite and phosphate was studied. When SCO was added in the concentration range of 80 g/t to 2kg/t at pH 9.5 ± 0.2, dolomite was absolutely depressed, and apatite kept its floatability. Interestingly, in the mixture of phosphate and dolomite, the dolomite floated. The reasons for such a behavior are investigated through flotation and electrokinetic studies. It was found that the adsorption of dissolved species on dolomite and phosphate resulted in reverse flotation. A concentration of 31.59% P205 and 83.87% recovery of P205 was obtained from the mixture of phosphate and dolomite (2:1) with 26.6% P205 using 210 g/t SCO and Na-oleate 4.93*10-5 M at pH 9.

Jan 1, 1989

By L. D. Snyder, J. K. Russell

"The Lower Jurassic Iron Mask batholith intrudes Upper Triassic Nicola Group volcanic rocks in the Quesnellia terrane of southcentral British Columbia and hosts Cu-Au mineralization. The batholith comprises three mappable intrusive phases, including: Pothook gabbro to diorite, Cherry Creek monzodiorite to monzonite and Sugarloaf diorite. The Iron Mask hybrid forms a fourth mappable unit that makes up to 45% of the areal exposure in the batholith. It is highly variable in texture and composition and subdivided into three types; Type I and II have abundant (partially digested) xenoliths, many of which are derived from the Nicola Group, whereas Type III is xenolith-poor and shows extreme outcrop-scale textural diversity.Pothook and Cherry Creek rocks are similar in texture, mineralogy, whole rock and mineral composition and style of alteration. Contacts between the two can be intrusive or gradational. Rocks collected from these two suites have compositions that are permissive of a single magma batch, although simple crystal fractionation does not explain all chemical variations within and between the two suites. The Sugarloaf unit comprises a diverse group of amphibole-phyric rock types and is texturally and mineralogically distinct from Pothook and Cherry Creek suites.The Iron Mask hybrid represents progressive stages of physical and chemical interaction between Nicola Group country rocks and Pothook magma. Magmatic assimilation (selective or partial) is supparted on the basis of field relationships, petrographic observations, and REB compositional data. Thermal dehydration and partial assimilation of Nicola Group rocks by Pothook magma is shown to be a valid means of promoting early and extensive volatile saturation in the Iron Mask batholith."

Jan 1, 1995

By G Corbett

Epithermal Au-Ag deposits form in the upper 1 km of the crust and are therefore best preserved in the less eroded Pacific rim arcs, although also recognised elsewhere. Two profoundly different ore fluid types give rise to low and high-sulfidation styles apparent as variations in ore and gangue mineralogy as well as characteristic zoned wall rock alteration. Low sulfidation epithermal Au deposits are derived from near neutral composite magmatic-meteoric fluids and divided into a group with a stronger intrusion association within arcs grading in time and space from: quartz-sulfide Au + Cu, to carbonate-base metal Au, and the epithermal quartz Au + Ag, whereas in strongly extensional settings the influx of meteoric waters promotes the development of chalcedony-ginguro banded Au-Ag epithermal veins. In the presence of continental crust particularly in Latin America polymetallic Ag-Au veins represent a Ag-rich equivalent of carbonate-base metal Au and passes upwards to chalcedony-ginguro Au-Ag style. By contrast high-sulfidation epithermal deposits are deposited from an acidic magmatic fluid which provided characteristic hydrothermal alteration by reaction with wall rocks grading outwards as mineral assemblages dominated by: vughy silica, alunite, pyrophyllite-diaspore, dickite-kaolin and then illite-smectite neutral clays. Au mineralisation is commonly refractory with enargite deposited dominantly later within the silica zone.Exploration for epithermal Au deposits benefits from an understanding of the controls to mineralisation which commonly give rise to the development of ore shoots with widest and highest Au grade ore zones. In low-sulfidation systems a combination of competent host rocks, dilatant structures, higher grade styles of mineralisation and efficient mechanism of Au deposition, contribute towards ore shoot formation. High-sulfidation epithermal Au systems occur in permeable volcanic and breccia host rocks which are linked by major structures to the magmatic source.CITATION:Corbett, G, 2013. Pacific Rim epithermal Au-Ag, in Proceedings World Gold 2013 , pp 5-14 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Sep 26, 2013

By Michael G. Rulff, Tracy M. Holmes

"Vast amounts of time and money are spent fighting flow problems in plants that involve the handling or processing of industrial minerals. Because these types of projects tend to be capitalintensive, the right decisions, made at the design stage, can have a substantial positive effect on the economics of the project.Some of the problems related to solids flow in mineral processing plants include:•,Flow stoppages•,Uncontrolled flow•,Segregation of blended materials•,Build-up and dead material resulting in loss of live capacityUnfortunately few Universities in North America provide courses in the design or selection of bulk solids handling equipment, let alone the theory of bulk solids flow, with the result that engineers do not fully appreciate the effects of bulk solids handling on their process. The usual method of selecting “standard” equipment, all too often, leaves plant operators hammering on hoppers to promote flow, a technique that is not only usually ineffective but also unsafe and often causes damage to equipment. In short, too little consideration is given, at the design stage of projects, to the particular material and operating environment involved and how these will affect handling between process steps.This paper seeks to give a general understanding of bulk solids flow theory including flow patterns and flow property tests, and presents functional design guidelines to ensure reliable flow. As well, a case history will be presented. Our message is clear: To ensure uniform, reliable flow, a plant design must take into account the specific flow characteristics of the bulk solid to be handled or processed."

Jan 1, 2008

By Dario Libano

"The Line 5 Extension, in Sao Paulo, Brazil, is currently the most important investment in public transportation by Sao Paulo’s state government. It will connect the south part of the city to the city center, crossing through four other major Metro lines and stations; all currently in operation. The total extension of the line is 11 km (6.8 mi), and includes a new parking yard for the trains and 11 new stations. The Brooklin Station, one of the new stations due to be open and operating in 2016, has a unique geometry of five secant shafts.The original design included constructing five secant shafts stabilized by two plastic slurry walls using conventional grab technology. One slurry wall, along the Santo Amaro Avenue, was to contain the contamination plumes, and another was for temporary support to enable the excavation of the shafts. The final retaining wall design was changed to a concrete structural diaphragm wall that reduced the construction time of the shafts by half, allowing the contractor to meet the construction schedule. This solution also avoided dewatering effects in a geological region characterized by Quaternary sediments and environmental contamination plumes. It was the first time that a hydromill was used in such a situation in Brazil. The hydromill, by overcutting the panels, increased the quality of the joints, and decreased the probability of having seepage into the shafts. The hydromill also created a seepage barrier and avoided movement of the contaminated plumes.The GeologyLocal geology is composed of a superficial Quaternary soil, basically soft organic clays and sands and gravels. From the depth of 8 m (26 ft) until 18 m (59 ft), geology is composed by tertiary medium compact sand with thin silt-clay layers. From 18 m (59 ft) down, there are alternations between compact silt-sands layers with very hard clays layers. Each is approximately 5 to 10 m (16.4 ft to 33 ft) thick.The Initial Basic DesignThe original basic design of the Brooklin Station was to be constructed from five 40 m (131 ft) diameter intersecting circular shafts, all in a line along the axis of the Metro tunnel, in 555 days. In the excavation sequence, the odd shafts were first excavated, waterproofed and had part of their inside cast-in-place structure built before the even shafts were excavated. During the excavation of the even shafts, part of the odd shaft’s support was demolished and connected with the even support. A 0.8 m (2.6 ft) thick plastic slurry wall, acting together with the wire mesh reinforced shotcrete support, ensured the excavation stability around the five shafts."

Jan 1, 2014

By N S. Weerasekara, S Town, E Lessing, J A. De Torres

Philsaga Mining Corporation (Philsaga) had three main aims in converting their lining system from steel to metal cap. They wanted to increase mill availability, minimise localised high wear and optimise particle breakage to deliver increased efficiency within the milling circuit. Combining Discrete Element Method (DEM) modelling and empirical interpretation of liner wear resulted in a rigorous approach to understanding the impact of mill liners on overall mill performance. This new understanding was subsequently used to not only derive a new lining design to optimise performance and thereby improve overall plant economics, but also to guide further lining development.In this work, detailed DEM modelling, developed from actual plant data, together with optimising liner design for wear paved the way towards the installation of a Metal Cap lining system at Philsaga’s Ø6100 mm SAG Mill. The results were a reported increase in SAG mill throughput of 16 – 20 per cent due to improved breakage through more efficient use of installed power, a reduction in localised high liner wear with overall increase in liner life and reduction in liner replacement time. Site also reported an increased gold recovery of 2 per cent which the improved breakage might have contributed to. This paper will present the design challenges and compare the Metal Cap lining systems performance against Steel lining system. CITATION:Weerasekara, N S, Lessing, E, Town, S and De Torres, J A, 2018. Metal cap versus steel lining system at Philsaga Mining Corporation’s Ø6100 mm SAG mill, in Proceedings 14th AusIMM Mill Operators' Conference 2018, pp 653–664 (The Australasian Institute of Mining and Metallurgy: Melbourne).

Aug 29, 2018

Organization Place Date 1919 National Drainage Congress St. Louis, Mo. Nov. 11-13 American Mining Congress St. Louis, Mo. Nov. 1.7-21 Canadian Mining Institute Vancouver, B. C. Nov.. 26-28 American Society of Mechanical Engineers:.... New York, N. Y. Dec. 2-5 American Institute of Chemical Engineers Savannah, Ga. Dec. 3-6 Geological Society of America...; Boston, Mass. Dec. 29-31. American Society of Heating and Ventilating 1920 Engineers New York, N. Y. Jan. Mining and Metallurgical Society of America ... New York, N. Y. Jan. 13. American Institute of Min. and Met. Engineers... New York, N. Y. Feb. 16-19 American Ceramic Society Philadelphia, Pa. Feb. 23-26

Jan 11, 1919

By H. Lyn Bourne

This is the fifth annual tabulation of mineral royalty information. This tabulation, like the previous editions, includes all of the earlier data. There are also 60 new entries. In addition to royalty information, some entries show the cost of purchased reserves. Two articles relative to the evaluation of minerals reserves appeared in December, 1986. R.H. Paschall (In the Aggregate, ME, p 1139) wrote a good article, although it lacked specific royalty data. However, this author takes exception to two ideas in Paschall's column. Paschall contends that the royalty rate does not affect the mineral appraisal. This present author could not disagree more. Paschall also claims the location of an industrial mineral deposit is the only serious or practical caveat in comparing royalties. Comments received here from readers helped make the list of caveats that are cited each year. The readers will decide which factors influence the mineral value for their commodities of interest. Paschall's point about the relationship of the parties who are negotiating a royalty agreement is important and very well taken. The other article, written by William Vernon (Pit and Quarry, December 1986), gives a step-by-step process on how to conduct a mineral appraisal. The article cites three reasons for an appraisal: transfer rights; collateral for a loan; and taxation. A fourth reason is to establish adequate compensation for reserves lost through condemnation. This author has appeared in several court cases where compensation for loss of mineral reserves through condemnation required a mineral appraisal. Royalty rate becomes an important factor in the appraisal process, although the Pit and Quarry article refers to that part of the valuation equation as "profitability." Both articles were well written and are recommended reading for those interested in mineral valuations. The same caveats that have appeared in previous columns relative to factors that influence the value of reserves are restated. The data in the table serve as a general reference and are not intended to present an absolute scale of reserves costs. Several factors influence the value of any mineral commodity. The factors include: • location/transportation - especially significant for most industrial minerals; • market conditions both for the commodity and the company acquiring the right to mine; • quality or grade of the deposit as it reflects the amount of processing/beneficiation necessary to produce the finished product; and • legislative restrictions and conditions for mining a given material at a given site. These and other factors will significantly influence the cost of reserves. The table shows the range of royalties and the variations in the basis of computing the fees. In a few instances, it gives the cost of acquired reserves based on purchase price and quantitative estimates of the material in place. The table lists the commodity in column 1, and the subsequent columns give: • the location by state, US geographic area, or Canadian province ; • the cost - R for royalty and P for purchased cost; • the year in which the lease or purchase agreement occurred; and • comments or footnotes for more information. The cost column requires more explanation. The units may refer to cubic yards (/cu yd), cubic feet (/cu ft), short tons (/T), or acres (/A). 1 cu yd = 0.76 M2 1cuft = 0.28m3 1 st = 0.9072 t 1 acre - 0.4047 ha or m2

Jan 7, 1987