The Business Of Mining And Selling Sand And Related...

III. General Background Since 2011, the Company has been in the business of mining and selling sand and related products. Primarily, the Company sells a product referred to as â€Å"dry silica† which is largely used in oil gas operations, particularly in dry casing the wells created through horizontal fracturing (â€Å"Fracking†) operations. Secondarily, the Company also sells â€Å"washed silica sand† and â€Å"fill dirt.† Washed silica sand is generally used as top dressing for sports facilities; particle board; foundry and masonry sand; and mortar productions. Fill dirt is generally purchased by landscapers and construction contractors. a. The Refining Process The Company has its headquarters, and one mine with one pit located in Texas. The Company’s Texas mine is located in the Paluxy sand formation. The Company’s Paluxy sand is non-consolidated and is dug out using excavators and shovels. The Company does not perform any blasting to extract its sand. All sand is extracted through digging. Once extracted, the sand is hauled via truck to a primary feeder. Once placed in the primary feeder, it is slurrified and screened to remove overburden and other oversized non-sand particles. The sand slurry is then pumped to the onsite washing plant. The washing plant serves 2 functions, washing and sizing. Once entering the washing plant, sand is rinsed by fresh water. The sand is then placed into sizing apparatus. The Company uses both cyclones and hydrosizers for sand sizing. The cyclonesShow MoreRelatedMarket Report : The Market Analysis Of A Foreign Market1554 Words   |  7 PagesCanada has an environment, which is quite welcoming for any type of business, and it has awarded to be second best as a country to perform business activities (Arriaga et al.). This country has shown huge growth in the years 2006 to 2015 and the access to its market is also huge. The workforce in Canada is the most educated group of professionals. 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