Weekly Arizona journal-miner. [volume] (Prescott, Ariz.) 1903-1908, 1904-12-28
MINING NEWS.

Iva Nj w ~ w ~
! Col. I. Johns Rigby, president of
/ the Rigby Reduction and Mining COM
pany, spent yesterday in Prescott,
having come in from California on his
way east and will go out to Mayer this
morning to look over the big plant
being erected at that place. Col. Rig
by said there was nothing to give out
at this time in regard to their nam
moth undertakings and that the early
completion of the smelter depended
on the success in placing their secur
tiles on the eastern market. However,
he hoped to see the plant in opertion
by the first of april. Asked in regard
to the process to be employed in this
plant in extracting the values from
ores, he said that there was no question
on the score of its success as the mat
tire had been fully demonstrated and
that the delay in COMPLETING the
works was due entirely to the condi
ton of the money market during re-
cent months. The situation now looks
brighter and after New Years it will be
easier to interest eastern capital in
western enterprises. This community
is deeply interested in the early COM
pletion of the big Rigby plant as it
undou btedly means much to the min
ing inteests of Yavapai county. Hun
dreds of properties tributary to this
Mayer plant are eagerly awaiting the
opportuniaty to market their ores and
it has been expected that the Rigby
smelter would form an outlet for this
prodcut. That some such proposition
is baudIy needed is evidenced by the
large number of properties with limit
ed development but having consider
able ore which if marketed at rea-
sonable profit would permit the own
ers to carry on development.
A fine large steam pump is at the
depot consigned to the Sullivan ma
chinery company. 1t was manufacture
ed by the Snow Pump works and will
be installed at the mine Of the Bur
lington company.
The Yeager Copper company, since
the burning of the Val Verde smelter
is shipping its concentrates to Canyon
City, Colorado, for treatment.
The Importance of the Val Verde !
smelter to the mining industry of this
section was never fully appreciated |
until it burned down. Some of the
properties which shipped their pro-
duct there for treatment have been |
compelled to close their mills, while /
others have had to seek a new outlet |
for their product and taking it all in /
all it has proven a serious blow to |
mining in this section. The compile |
ton of the Treadwell smeIter which is /
expected by February 1st, will no
doubt prove Of great benefit to mining /
and will result in renewed activity by 4
many properties though 1t is not pro- /
bable that it will be able to handle all /
the ore and concentrates which will be .
offered. Mr.. Treadwell in anticipation /
of this, is already figuring on doubling
the capacity of the plant in the near
future. The good news also comes
that negotiations for rebuilding the
Val Verde smelter are progressing sat
with the prospect for work
being commenced soon and pushed
through rapidly to completion. The
Rigby reduction works are also ex-
pected to be completed early during
the coming year. These enterprises
together with new capital which is
coming in for the development of new
makes the mining outlook
for the coming year as being most
and promising.