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Your Council has pleasure in submitting its report for the year ended 30th June, 1969. COUNCIL The following served as Office Bearers during the year under review: Messrs. R. C. J. Goode (President), J. K. E. Douglas and V. C. Robinson (Vice-Presidents), P. Lambooy (Immediate Past President) and D. G. Maxwell (Honorary Treasurer). Members of Council: Messrs R. J. Adamson, M. Barcza, F. P. Bath, Or J. M. Bereza, Or W. Bleloch, Messrs H. Britten, H. E. Cross, A. R. C. Fowler, A. E. Gilfillan, G. W. Holl, Prof D. D. Howat, Or J. P. Hugo, Messrs C. J. Irving, D. M. Jamieson, J. G. Kirchner, Prof J. de V. Lambrechts, Mr C. E. Mavrocordatos, Or J. T. McIntyre, Mr J. A. Nixon, Prof R. P. Plewman, Messrs J. F. Reid, H. Simon, C. G. Sowry, W. T. Stobart and P. W. J. van Rensburg. Ten Council meetings were held during the year with an average attendance of eighteen. FINANCE The annual accounts, which are attached to this report, show an excess of expenditure over income of R2,124, compared with an excess of income over expenditure of R4,218 last year. There are a number of reasons for this substantial change. There was a loss on realization of investments compared with a substantial surplus in recent years. The publication of the Journal once again resulted in a large loss in spite of a generous subvention of R2,000 from the Department of Cultural Affairs and other assistance amounting to R750. The revenue from sales of publications was down considerably. This is a figure which fluctuates considerably from year to year. The secretarial fee was considerably higher than previously. Due to pressure of work it was necessary for the Secretary to relinquish his duties with the Institute of Land Surveyors and, therefore, for this Institute to assume the additional staff costs involved. Finally there was unusual expenditure on the 75th Anniversary celebrations. There was a pleasing increase in revenue from subscriptions, due to the steadily increasing membership, but this was quite inadequate to cover the substantial increases in expenditure and losses in revenue mentioned above. The changes that have been effected in the arrangements for the publication of the Journal have been mentioned elsewhere in this report. It is expected that these will bring about substantial financial benefits in the long term. The MacArthur Forrest Memorial Fund shows an excess of income over expenditure of Rl00 and the total fund was therefore increased by this amount to R4,206. The balance sheet indicates that the market value of quoted shares and debentures increased during the year from R8,755 to R13,059, while the Accumulated Funds now amount to R22,567 as against R24,691 last year. MEMBERSHIP Fifty-six Members, fifty-five Associate Members, thirteen Graduates, twenty-two Affiliates and twenty- nine Students were elected during the year. Twelve Members were admitted to Life Membership; seven Associate Members were transferred to the grade of Member; four Graduates and two Students were transferred to the grade of Associate Member; five Students were transferred to the grade of Graduate; three Affiliates were transferred to the grade of Member; five Affiliates were transferred to the grade of Associate Member. Three Members, seven Associate Members, two Graduates, two Affiliates and six Students were removed from the Membership Roll in terms of By-Law 7.7.1. Your Council records with deep regret the death during the year of the following members: E. F. J. Bulman (Member), E. F. Chapin (Member), R. A. H. Flugge-de-Smidt (Hon. Life Member), T. S. Haldane (Member), J. M. Massie (Associate Member), S. W. Page (Student), S. R. Rabson (Member), M. Ramsay (Member), F. Wartenweiler (Hon. Life Member). A comparative statement of the membership as at 30th June, 1969, and the end of the previous year is shown in the following tabulation: 30th June 30th June 1968 1968 Honorary Life Members 12 10 Honorary Members 6 6 Life Members 176 189 Members 488 514 Associate Members 409 448 Graduates 60 68 Affiliates153 155 Students152 162 1,456 1,552 PAPERS AND JOURNAL The Institute is changing the format of the Journal from the present size to the standard international A4 size with effect from August, 1969. In making this change it will conform to more general practice today in regard to publications and this should effect certain economies and facilitate selling of advertising space. It has been arranged that in future the publication of the Journal, including advertisement sales, will be handled by Kelvin Publications (Pty.) Ltd. who are already doing this work satisfactorily for the Mechanical and Electrical Engineering Institutes. In making these changes the opportunity was taken of redesigning the outer cover of the Journal to incorporate the new coat of arms. The Presidential Address by Mr R. C. J. Goode and twelve papers which were published in the Journal during the year are listed below: August, 1968: Presidential Address: "The Institute-In retrospect and prospect." September, 1968: "Rotary mill liner practice in the South African gold mining industry," by J. H. French and O. E. Lissner.

Your Council has pleasure in submitting its report for the year ended 30th June, 1970. COUNCIL The following served as Office Bearers during the year under review: Messrs J. K. E. Douglas (President), V. C. Robinson and Prof D. D. Howat (Vice-Presidents), R. C. J. Goode (Immediate Past President) and D. G. Maxwell (Honorary Treasurer). Members of Council: Mr. R. J. Adamson, Dr. M. G. Atmore, Mr M. Barcza, Dr J. M. Bereza, Messrs H. Britten, H. E. Cross, A. R. C. Fowler, G. W. Holl, Dr J. P. Hugo, Messrs N. A. Honnet, P. Lambooy, Prof J. de V. Lambrechts, Mr C. E. Mavrocordatos, Dr J. T. McIntyre, Messrs J. Meintjies, T. C. A. Meyer, J. A. Nixon, Prof R. P. Plewman, Dr R. E. Robinson, Messrs J. F. Reid, H. Simon and P. W. J. van Rensburg. Ten Council meetings were held during the year with an average attendance of seventeen and the standing committees held 45 meetings. FINANCE The annual accounts, which are attached to this report, show an excess of expenditure over income of R4,608 compared with R2,124 last year. This deterioration can be attributed largely to two important factors, namely an increase in secretarial fees of RI, 789 and an increase in the loss on the Journal from R2,343 to R3,508. In addition, our contribution to the expenses of the Federation of Societies of Professional Engineers increased by R607 from R549 to R1,156. The increase in secretarial fees is partly due to our increased demand for services and partly to increased salaries. In order to maintain its essential services it has been necessary for the A.S. & T.S. to increase salaries in order to keep pace with commerce and industry. With regard to the Journal, we did not expect immediate dramatic results from the changes that were effected as from the beginning of last year in the arrangements for publication. However, the improvement has been even slower in materialising than we expected. This situation is being watched carefully and we will not hesitate to make further changes if necessary. It became clear early in the year that the financial position was deteriorating and your Council decided that it was essential to meet the situation by raising subscriptions and entrance fees. At the same time it was decided that there are no grounds for a distinction between Town and Country members and that in future the scale for the compounding of subscriptions should be based on anticipated future membership, rather than past membership. These changes have had only a minor effect on the accounts under consideration. The MacArthur Forrest Memorial Fund shows an excess of income over expenditure of R132 and the total fund was, therefore, increased by this amount to R4,338. The balance sheet shows that the market value of quoted shares and debentures decreased during the year from R13,059 to R6,567, while accumulated funds now amount to R17,959 compared with R22,567 last year. It will also be noted that we are holding R25,844 on behalf of the Symposium on Opencast Mining. MEMBERSHIP Twenty-eight Fellows, twenty-four Members, seventeen Graduates, twenty-five Associates and twenty-seven Students were elected during the year. Four Members were admitted to Life Membership; Five Members were transferred to the grade of Fellow; one Student was transferred to the grade of Member; two Graduates and one Student were transferred to the grade of Member; six Students were transferred to the grade of Graduate; One Associate was transferred to the grade of Fellow; One Associate was transferred to the grade of Graduate. One Fellow, one Member, six Graduates, four Affiliates and ten Students were removed from the Membership Roll in terms of by-law 7.7.1. Your Council records with deep regret the death during the year, of the following: R. A. H. Flugge-de-Smidt, C. S. McLean, Dr H. J. van Eck, (Honorary Life Fellows), J. C. Humphreys, O. Lazar (Life Fellows), D. G. Beadle, J. G. Craig, P. U. Fisher, R. G. McConnell, J. H. Moore, S. Sterling, L. R. Ulyate (Fellows), H. H. Burger, E. A C. Dickson, R. Jack, S. Ring (Members), M. J. Worrall (Graduate). A comparative statement of the membership as at 30th June, 1970, and the end of the previous year is shown in the following tabulation: 30th June 30th June Honorary Life Fellows 10 8 Honorary Fellows 6 6 Life Fellows 189 191 Fellows 514 530 Members 448 465 Graduates 68 80 Associates 155 172 Students 162 161 1,552 1,613 RECLASSIFICATION OF MEMBERSHIP The designations of grades of membership were altered to accord with the practice in professional institutes both here and overseas and members were advised of the new classifications. MEMBERSHIP DRIVE A committee was established to organise a drive for membership as it was felt that there are numbers of persons in our mining and metallurgical industries who are not yet members but who qualify for membership. Members of the committee were allocated responsibility for campaigning in sections of industry and for publicising the aims, objectives and advantages of belonging to the Institute.

Council and Standing Committees, 1977-1978 President: P. A. von Wielligh. Vice-Presidents: Dr M. G. Atmore and D. A. Viljoen. Honorary Treasurer: J. K. E. Douglas. Immediate Past President, Dr M. D. G. Salamon. Members of Council: J. D. Austin, A. N. Brown, A. A. Hazell, Dr P. R. Jochens, Prof. R. P. King, Dr D. G. Krige, Prof. F. Q. P. Leiding, D. G. Malan, J. C. Mostert, H. G. M. Rose, W. T. Ruhmer, A. A. Sealey, R. A. von Maltitz. Chairman, Witbank-Middelburg Branch: T. S. Wilmot. Chairman, Orange Free State-Klerksdorp Branch: A. N. Shand. Past Presidents Serving on Council: R. J. Adamson, H. Britten, J. K. E. Douglas, Prof. D. D. Howat, Dr J. P. Hugo, D. G. Maxwell, Prof. R. P. Plowman, Dr R. E. Robinson, P. W. J. van Rensburg. Standing Committee Chairmen: Membership, D. A. Vil¬joen; Technical Programme - Metallurgy, Dr P. R. Jochens ; Technical Programme - Mining, Dr D. K. Krige ; Vacation School - Metallurgy, Prof. R. P. King ; Vacation School - Mining, Dr M. D. G. Salamon; Awards, Dr M. D. G. Salamon; Excursions, Dr M. G. Atmore; Adjudication, Dr M. D. G. Salamon; Consti¬tution, Rules, and Policy, Dr M. D. G. Salamon; Mines and Works, P. A. von Wielligh ; Education, Dr M. D. G. Salamon; Monograph Series, Dr R. E. Robinson; Phoenix National Committee, Dr R. E. Robinson ; Pyrometallurgical Discussion Group Convenor, Dr J. B. See/Dr D. I. Ossin.

Jan 1, 1979

Council and Standing Committees, 1978-1979 President: Dr M. G. Atmore. Vice-Presidents: D. A. Viljoen and Dr P. R. Jochens. Honorary Treasurer: J. K. E. Douglas. Immediate Past President: P. A. von Wielligh. Members of Council: J. D. Austin, A. N. Brown, H. E. James, Prof. R. P. King, Dr D. G. Krige, Prof. F. Q. P. Leiding, D. G. Malan, C. S. McPhail, J. C. Mostert, G. Y. Nisbet, H. G. M. Rose, W. T. Ruhmer, G. C. Thompson, R. A. von Maltitz. Chairman, Witbank-Middelburg Branch: T. S. Wilmot. Chairman, Orange Free State-Klerksdorp Branch: H. M. W. Eschenburg. Past Presidents Serving on Council: R. J. Adamson, H. Britten, J. K. E. Douglas, Prof. D. D. Howat, Dr J. P. Hugo, D. G. Maxwell, Prof. R. P. Plewman, Dr R. E. Robinson, Dr M. D. G. Salamon, P. W. J. van Rensburg. Standing Committee Chairmen: Membership, Dr P. R. Jochens ; Technical Programme - Metallurgy, Prof. R. P. King ; Technical Programme - Mining, H. G. M. Rose; Vacation School - Metallurgy, J. C. Mostert; Vacation School - Mining, D. G. Malan/J. D. Austin; Awards, P. A. von Wielligh; Excursions, D. A. Viljoen; Adjudication, P. A. von Wielligh; Constitution, Rules and Policy, P. A. von Wielligh; Monograph Series, Dr R. E. Robinson; Professional and Technician Train¬ing Committee, Dr M. D. G. Salamon; Career Guidance, D. G. Malan; Phoenix National Committee, Dr R. E. Robinson; 1982 World Congress, Dr M. G. Atmore; Witbank Coal Colloquium, Dr P. R. Jochens; Mines and Works, P. A. von Wielligh.

Jan 1, 1979

Council and Standing Committees, 1979-1980 President: D. A. Viljoen. Senior Vice-President: Dr P. R. Jochens. Junior Vice-President: G. Y. Nisbet. Honorary Treasurer: Dr D. G. Krige. Immediate Past President: Dr M. G. Atmore. Members of Council: J. D. Austin, A. N. Brown, J. A. Cruise, C. E. Fivaz, J. S. Freer, P. N. Harris, H. E. James, Dr R. P. King, Prof. F. Q. P. Leiding, Dr B. K. Love¬day, D. G. Malan, C. S. Macphail, J. C. Mostert, H. G. M. Rose, G. C. Thompson, R. A. von Maltitz, Dr H. Wagner. Past Presidents Serving on Council: R. J. Adamson, H. Britten, J. K. E. Douglas, Prof. D. D. Howat, Dr J. P. Hugo, D. G. Maxwell, Prof. R. P. Plowman, Dr R. E. Robinson, Dr M. D. G. Salamon, P. W. J. van Rensburg, P. A. von Wielligh. Chairman, Witbank-Middelburg Branch: R. B. Smith. Chairman, Orange Free State-Klerksdorp Branch: W. C. Mather. Materials Engineering Division, Chairman: Dr J. P. Hugo. Secretary: G. Pienaar. Standing Committee Chairmen: Membership, G. Y. Nisbet; Technical Programme Metallurgy, H. E. James, (Prof. R. P. King) ; Technical Programme Mining, H. G. M. Rose; Vacation School Metallurgy, J. C. Mos¬tert; Vacation School Mining, J. D. Austin; Awards, Dr M. G. Atmore ; Excursions, A. N. Brown ; Adjudications, Dr M. G. Atmore ; Constitution, Rules, and Policy, Dr M. G. Atmore ; Monograph Series, Dr M. G. Atmore ; Training and Career Guidance, P. A. von Wielligh (D. G. Malan) ; National Phoenix Committee, Dr R. E. Robin¬son; 1982 Council of Mining and Metallurgical Congress, Dr M. G. Atmore ; Mines and Works, Dr M. G. Atmore.

Jan 1, 1980

Council and Standing Committees - 1981/82 President: G. Y. Nisbet. Senior Vice-President: Prof. A. N. Brown. Junior Vice-President: Prof. R. P. King. Honorary Treasurer: Prof. D. G. Krige. Immediate Past President: Dr P. R. Joehens. Members of Council: B. C. Alberts, J. D. Austin, P. T. Fewell, C. E. Fivaz, J. J. Geldenhuys, Dr A. K. Haines, P. N. Harris, H. E. James, C. G. Knobbs, Dr B. K. Love¬day, Dr J. Lurie, C. S. MacPhail, D. G. Malan, J. C. Mostert, G. C. Thompson, Dr H. Wagner. Chairman, Witbank/Middelburg Branch: B. Rohrmann. Chairman, Orange Free State/Klerksdorp Branch: K. F. W. Eick. Chairman, Materials Engineering Specialist Division: G. Pienaar. Past Presidents serving on Council: Dr M. G. Atmore, H. Britten, Prof. D. D. Howat, Dr J. P. Hugo, D. G. Maxwell, Prof. R. P. Plewman, Dr R. E. Robinson, Prof. M. D. G. Salamon, P. W. J. van Rensburg, D. A. Viljoen, P. A. von Wielligh. Standing Committee Chairmen: Constitution, Rules and Policy, Dr P. R. Jochens; Membership, Prof. R. P. King; Training, Career Guidance and Education, P. A. von Wielligh; Journal, Prof. A. N. Brown; Monograph Series, D. G. Malan; Technical Programme - Metallurgy, C. E. Fivaz; Technical Programme - Mining, P. N. Harris; SAIMM Schools - Metallurgy, Dr B. K. Loveday; SAIMM Schools - Mining, J. D. Austin; 1982 CMMI Congress, Dr M. G. Atmore; Awards, Dr P. R. Jochens; Adjudication, Dr P. R. Joehens; Phoenix National Committee, Dr M. G. Atmore; Excursions, J. C. Mostert; Mines and Works, Prof. A. N. Brown; World Mining Congress - National Committee, Prof. R. P. Plewman.

Jan 1, 1982

Council and Standing Committees - 1982/83 President: Prof. A. N. Brown Vice Presidents: Prof. R. P. King and J. D. Austin Honorary Treasurer: Prof. D. G. Krige Immediate Past President: G. Y. Nisbet Members of Council: B. C. Alberts, R. H. English, P. T. Fewell, C. E. Fivaz, J. S. Freer, Prof. G. G. Garrett, J. J. Geldenhuys, Dr A. K. Haines, P. N. Harris, H. E. James, Dr B. K. Loveday, Dr J. Lurie, D. G. Malan, G. Pienaar, B. E. Protheroe, Dr 0. K. H. Steffen, G. C. Thompson, Dr H. Wagner, Dr P. T. Wedepohl. Chairman, Witbank/Middelburg Branch: H. C. van Zyl.

Jan 1, 1983

Council and Standing Committees-1984/85 President: J.D. Austin Vice Presidents: H.E. James and Dr H. Wagner Immediate Past President: Prof. R.P. King Honorary Treasurer: Prof. D.G. Krige Members of Council: B.C. Alberts, Prof. S. Budavari, E.B. Crocker, N.J. Devine, C.E. Fivaz, J.S. Freer, Prof. G.G. Garrett, J.J. Geldenhuys, Dr A.K. Haines, R.W.O. Kersten, Dr B.K. Loveday, I.D. Matthews, G. Maude, H.G. Mosenthal, B.E. Protheroe, Dr O.K.H. Steffen, Dr P.T. Wedepohl Chairman, Witbank/Middelburg Branch: W.C. Mather Chairman, Orange Free State/Klerksdorp Branch: Dr M.A. Orridge Past Presidents Serving on Council: Dr M.G. Atmore, Prof. A.N. Brown, Dr P.R. Jochens, G.Y. Nisbet, Prof. R.P. Plewman, Dr R.E. Robinson, Prof. M.D.G. Salamon, P.W.J. van Rensburg, D.A. Viljoen, P.A. von Wielligh Standing Committee Chairmen: Adjudication, Prof. R.P. King; Awards, Prof. R.P. King; Constitution, Rules and Policy, Prof. R.P. King; Excursions and Banquet, B.E. Protheroe; Journal, H.E. James; Membership, Dr H. Wagner; Phoenix National Committee, Dr M.G. Atmore; SAIMM School-Extractive Metallurgy, J.S. Freer; SAIMM School-Mining, Prof. S. Budavari; Special Publications, J.D. Austin; Technical Programme¬Extractive Metallurgy, Dr B.K. Loveday; Technical Programme-Mining, J.J. Geldenhuys; Technical Programme-Physical Metallurgy, Dr P.T. Wedepohl; Training, Career Guidance and Education, Prof. R.P. King; World Mining Congress-National Committee, Prof. R.P. Plewman; Working Group Physical Metallurgy, Prof. G. G. Garrett

Jan 1, 1985

Council and Standing Committees, 1976-1977 President: Dr M. D. G. Salamon. Vice-Presidents: P. A. von Wielligh and Dr M. G. Atmore. Honorary Treasurer: J. K. E. Douglas. Immediate Past President: Dr R. E. Robinson. Members of Council: J. D. Austin, E. Collier, C. T. Fenton, J. A. Holmes, Dr P. R. Jochens, Prof. R. P. King, Dr D. G. Krige, Prof. F. Q. P. Leiding, D. G. Malan, C. T. Shaw, D. A. Viljoen, R. A. von Maltitz. Chairman, Witbank-Middelburg Branch: E. J. Jackson. Chairman, Orange Free StatelKlerksdorp Branch: A. N. Shand. B. Past Presidents Serving on Council: R. J. Adamson, H. Britten, J. K. E. Douglas, R. C. J. Goode, Prof. D. D. Howat, Dr J. P. Hugo, D. G. Maxwell, Prof. R. P. Plewman, V. C. Robinson, P. W. J. van Rensburg. Ten Council meetings were held during the year, and the standing and sub-committees held seventy-one meetings. Standing Committee Chairmen: Membership, Dr M. G. Atmore; Technical Programme - Metallurgy, J. A. Holmes ; Technical Programme - Mining, C. T. Shaw; Vacation School - Metallurgy, Prof. R. P. King ; Vacation School - Mining, Dr D. G. Krige ; Awards, Dr R. E. Robinson; Excursions, C. T. Fenton; Adjudi¬cation, Dr R. E. Robinson; Constitution, Rules and Policy, Dr R. E. Robinson; Mines and Works, C. T. Shaw; Education, Dr R. E. Robinson; Pyrometallurgical Discussion Group (Convenor), Dr J. B. See; Phoenix National Committee, Dr R. E. Robinson.

Jan 1, 1978

COUNCIL FOR 1987/88 President B.C. Alberts President-elect C.E. Fivaz Vice Presidents Senior Junior Dr O.K.H. Steffen H.G. Mosenthal Immediate Past President Dr H. Wagner Honorary Treasurer Dr H. Wagner

Jan 1, 1988

COUNCIL FOR 1988/89 President C.E. Fivaz President-elect Dr O.K.H. Steffen Senior H.G. Mosenthal Vice Presidents Junior R.D. Beck Immediate Past President B.C. Alberts Honorary Treasurer Dr H. Wagner

Jan 1, 1989

COUNCIL FOR 1990/91 President H.G. Mosenthal President Elect RD. Beck Senior J.P. Hoffman Vice Presidents Junior Or H. Scott-Russell Immediate Past President Or O.K.H. Steffen Honorary Treasurer OrH. Wagner

Jan 1, 1991

COUNCIL FOR 1989/90 President Dr O.K.H. Steffen President-elect Mr H.G. Mosenthal Senior R.D. Beck Vice Presidents Junior ].P. Hoffman Immediate Past President C.E. Fivaz Honorary Treasurer Dr H. Wagner

Jan 1, 1990

Council for 1998/99 President R.P. Mohring President Elect J.R. Dixon Vice Presidents Senior junior M.H. Rogers Dr L.A. Cramer Immediate Past President Honorary Treasurer Dr N.A. Barcza J.A. Cruise

Jan 1, 1985

The Council of the Institution of Mining and Metallurgy submitted the report of the affairs of the Institution for the session 1970-71, and the Statement of Accounts for the year ended 31 December, 1970. The statistics given in the report refer to the calendar year 1970. Details are included of membership, officers, representation on other bodies, honours and distinctions, awards, meetings, publications, library, overseas activities, fellowships and grants, the revenue and expenditure account, the balance sheet, trust fund balances, contributing companies, and schedule of investments

Dec 1, 1971

ANNUAL meeting of the Woman's Auxiliary of the American Institute of Mining and Metal-lurgical Engineers convened on Tuesday morn-ing, Feb. 20, the president, Mrs. H. W. Hardinge, presiding. President Hardinge, in opening the meet-ing, said: "I have the honor and great pleasure to welcome you to our seventh annual meeting. It has been a happy year, though I started in fear and trembling. My fear is partly gone and my trembling becomes less as time goes on. Never has a chairman had such splendid cooperation and harmony in her work; no. matter how much was asked nor what the task, I have always received the same answer, `We are with you, of course we can do it.' Often the road has been untried and the way full of snares, but we have all pulled together. Is it any wonder we have had a prosperous year? I cannot thank the governing -board and officers enough for their help." Mrs. Hardinge described her trip through the West last summer, during which she visited many of the local sections of the Auxiliary. She also spoke of the work of the Rossiter Raymond memorial library which has been started as an activity of the Woman's Auxiliary. Mrs. Reynders read the minutes of the last annual meeting, and Mrs. Kemp read the treasurer's report. The latter showed that on Feb. 1, 1922, there was a bank balance of $683.61 and on Feb. 10, 1923, the bal-ance was $947.93. Mrs. Westervelt expressed the sorrow of the Auxiliary for the death -of Mrs. Florence Howe Hall and of Mrs. Levi P. Holbrook.

Jan 4, 1923

By E. D. Attanasi, J. H. DeYoung

Although fraught with problems of completeness and comparability, statistical measures of mineral exploration in the United States point downward for 1985 and 1986. Exploration expenditures in the US domestic and Canadian companies have dropped steadily from a 1981 peak of about $400 million to about $190 million in 1985, according to a recent survey of exploration statistics by the Society of Economic Geologists (SEG). These totals have been adjusted to account for differences in the estimated coverage of exploration activity by each year's SEG survey. This survey is now supported by the US Bureau of Mines and the US Geological Survey (USGS). The drop in current dollar amounts does not take into account the effects of inflation, which would make the decline even more substantial. Metals Economics Group of Boulder, CO reported in its Mine Development Bimonthly that announced exploration budgets for 1986 indicated an even larger drop for the past year. Worldwide expenditures for companies covered by the report dropped from about $800 million to $750 million from 1984 to 1985 and plummeted to about $600 million in 1986. Exploration activity has been declining since about 1981. This has been due in large part to low prices for base and ferrous metals. Exploration budgets of mining subsidiaries of oil companies have plunged as parent companies try to conserve cash in the face of the sharpest decline in oil prices in nearly 40 years. Mining subsidiaries of petroleum firms that were either liquidated or divested recently include Anaconda (Arco), Getty Mining (Texaco), and Cyprus Minerals (Amoco). Exploration expenditures in Canada increased in 1984 in regions where gold is a traditional target. But there was little change in 1985, based on preliminary statistics from a federal government report (Energy, Mines and Resources Mineral Bulletin MR 211, 1986). Claim staking in Canada dropped 23% from 1983 to 1984 and declined slightly in 1985. Diamond drilling increased in 1984 to the record levels of 1980 and 1981. The ratio of exploration to development expenditures in Canada, however, fell from a 1981 peak of 0.9 to about 0.5 in 1984. The report also indicated that, since 1981, there has been a massive write-off of reserves with high production costs. Reserve levels of all major metals were down since 1981. Precious metals exploration accounts for an increasing share of total mineral exploration. For example, the SEG data show that 90% of 1985 US exploration expenses by domestic mining companies were devoted to base and precious metals, compared with only 51% in 1980. The restructuring of the mining industry has been accompanied by a decrease in response to the last two SEG annual surveys, but the trend towards precious metals was already established in earlier years. Trade journal reports suggest that the reduction of long-term interest rates has encouraged the mining industry to make cost-reducing capital investments in existing mines to maintain competitiveness. This is consistent with the observations that metals explorations in 1986 was characterized not by announcements of "grassroots" discoveries, but by on-property exploration on identified mines or prospects. In an effort to cut costs, gold mining companies have been following up on low cost production opportunities in their prospect inventories. Short-term, low risk, heap leach operations that can produce rapid returns on investment have been pursued. Specific exploration projects are covered in the individual state sections of this Annual Review. Even though economic growth continued steadily through 1986, the domestic mining industry has

Jan 5, 1987

By M. D. Cooper

Production of both anthracite and bituminous coal in 1954 was about 16 pct below 1953. Estimates on Dec. 1, 1954, indicated 27 million tons of anthracite and 385 million tons of bituminous. Decline in production was due principally to lower demand by the steel industry and the railroads, although competition from other fuels also affected coal. The year was notable for vigorous effort by the coal industry to promote the use of its product. A Cabinet Committee on Energy Supplies and Resources Policy and an Interdepartmental Committee on the Soft Coal Industry were set up by the Administration in Washington. A Governors' Fuel Conference was also organized.

Jan 3, 1955

By John F. Barkley, J. W. Woomer, H. F. Yancey, H. B. Charmbury

The coal picture in 1955 was much brighter than in 1954, when the tonnage produced dropped to the 1939 level. Bituminous coal and lignite production are expected to approach 465 million tons, against 392 million tons in 1954, an increase of about 19 pct. On the other hand, the production of anthracite declined about 7 pct to some 25 million tons. There was marked improvement in coal consumption in all industrial lines except railroads. At the end of November 1955 the largest consumer, electric power utilities, had used about 126 million tons, an increase of some 22 million tons over the previous year. Coke-oven consumption increased about 19 million tons and coal coked in beehive ovens increased about 1.5 million tons, due to heavy coke

Feb 1, 1956

By Robert C. Stephenson

In 1954, a year when general industrial production declined, it is significant that industrial mineral products continued in high demand. Phenomenal growth of the cement industry, increase in filler-fibre markets such as for asbestos and diatomite, expansion of the gypsum industry, and the increasing production of agricultural raw materials all illustrate the vitality of industrial minerals fields. Pioneer development of new industrial raw materials-wollastonite as a current example-requires keen foresight, hard work, and tremendous intestinal fortitude. The present-day requirements of industry for rigid quality control and uniformity of raw materials have resulted in highly specialized

Jan 3, 1955