The copper era. (Clifton, Graham County, Ariz.) 1899-1911, 1907-01-24
ARIZONA ANAL AMATED
COPPER COMPANY
A New Company Which Promises Much
For the District.

Clifton-Morenci district, and outlined
something of the intent of the par
ties who have the enterprise il
charge, but it told only part of the
story. From the information it nov
has it would seem that the district i;
most fortunate in securing this new
company, which has just been incor
porated under the laws of Maine d:
the Arizona Amalgamated Copper
company.
The company has secured a large
group of valuable mineral claims in
the heart of the mineral belt, but
while many of the mines haye been
worked for years, and have large ore
bodies ready for STOPPING, the man
agement realizes that it will be
necessary to spend from two to three
million dollars in the purchase price,
in development and equipment Of
the property and the erection of a
modern plant for treating and smelt-
ing the ores.
The company have been most for
tunate in securing a millsite on the
rolling hills midway between Clifton
and MOrenci, which will be near the
Morenci Southern railroad, and in
close proximity to the proposed High
Line railroad of the Shannon COM
pany. The millsite is about five hun
bred feet above the Frisco river,
from which it will pump its water
supply. This is considered only a
moderate lift in this district, as the
water for the three concentrating
plants and the smelter at Morenci is
elevated about thirteen hundred
feet. The canyons below the mill
site will afford ample storage capa-
city for the tailings for many years
to come. This is a most important
matter as suits have been instituted
against some Of the older companies
for dumping their tailings into the
river, from which point they are car
ried by the flood waters onto the
farms along the ella river. The
altitude of the millsite above the
river will render it comparatively
easy matter to build a railroad to the
mines on a level above the flood
waters of Chase creek, which must
be reconed with in the future.
The company will be mainly
financed by Hudson's Consolidated,
Limited, of London, which for years
past has been operating in mines in
Africa and Australia, with phenome-
nal success. Two directors of this
company, Charles Grimwade, T. r. G.
s., and K. Martin, spent last week on
the properties, and expressed them
selves as greatly surprised at the
amount of development work shown
on some of the mines. They had eX-
pected to find only a string of pros
poets, but instead they found many
mines upon which work had been
Systematically prosecuted for many
years. Their company has been a
pioneer in bringing about many sue
cessful amalgamations in various
sections of the mining world. The
present demand for copper recently
attracted their attention to Arizona,
which is now so highly spoken of in
all mining sections. The company's
chief consulting engineer, Mr.. Poor,
of Poor, Pittit e Stewart, of Old
Jury London, Is now on the ground
and is making an exhaustive report
of the various properties which the
has taken over, and is now
developing. Colonel Catlin, one of
the best known mining engineers of
New York, is also examining the |
property for New York and Boston
Investors. These engineers will form
a combination of ideas for the open
ing and development of the prop
erty, and for treating the ores, etc.
The new company will have a dis
tinct advantage over the old com
panies, as it will be able to profit by
their vast experiences in the district.
So far the engineers have been
well pleased with the properties, and
with the general success now being
made in the district.
On some of the claims parties in
terested in the formation of the COM
pany have been prosecuting work for
the past six months, but their
plan of amalgamatin such large
of claims was kept so well
from the public that but few men in
the district knew there was deal on,
hence it came as a surprise, and en-
abled the company to secure their
holdings at a most reasonable figure.
the people of the district
generally welcome this amalgama-
tion, as they realize that a pro-
nounced success, except in rare
cases, can only be had by a company
with large capital.
The English gentlemen were simply
astounded that such promising ard
valuable properties could be had in
such an old, successful district, but,
as they stated, the same conditions
existed in the Kimberly district of
Africa, until that wizard of financial
genius, Cecil Rhodes, amalgamated
the district under one management,
and then by the judicial expenditure