Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1908-09-24
NORMAN S VIEWS
OF OHIO COPPER.

Sidney Norman, mining edlloi VI lily
Los Angeles Times. who made a lour
of Utah mining camps recently mas
written u story for his paper in when
he declares that the Ohio Copper NINE
In Bingham is sure to pull r. Augustus
Heinze out of the financial hole. But
this Is nothing more than MI. Heiii1e
has said himself, for he has been ire
Quentiy quoted as saying that ne con-
sidered Ohio Copper his principal west
ern asset. However. this is what Mt.
Norman says.
There is no question that Helnze
possesses the necessary basis for tfe-5
mendous success, and. II he plays MS
card we'll, 1t will not be many years
before he Is again geat factor IN the
copper world To my mind the only
element lacking is the aid of such ~
man as John Macginniss. one OF the
best fellows that ever lived. an inde-.
fatigible worker, a man of brains ana
one to whom a great portion OF.
I1einze's former success is directly due.
Since those stirring days of the great
fight against Amalsamated IN Butte,
MacEiuniSS has served two terms as
mayor of the city and is now president
of a prosperous bank which he pulled
through the panic with flying colors
in spite of the incubus of HeinZe's con-
nection.. IfSthe latter may AGAIN COM
fmand his loyal and far-sighted CO.
operation. or can even secure the serV-
ices of another half as capable. he Will
surely win out In his second hght Tor
powerful fortune.
Ra II have Just returned from a visit to
Salt Lake City and there learned
enough of Hein2e's prospects to war;
rant the belief that his holdings in the
Mormon state alone Will pull him out
of the financial hole. His main asset
is, of course the Ohio Copper, one Of
those immense low grade porphyritic
ore bodies similar to that of the Utah
Copper, which adjoins II and which Is
now producing at the rate of 50,UuO,UV0
pounds of copper n year. with an aver
age product of less than 2 per cent. 1t
was said immediately after the crash
that Heinze had sacrificed these inter-
ests, but that was evidently incorrect,
although he has recently resigned from
the presidency of the concern. Those
close to him say that his original hold
$tngs are practically intact. Within the
past few weeks the company's indebt-
edness has been practically retired.
work is progressing on a large scale on
the new 2,500-ton concentrating plant
at Lark. and it will soon be completed
at a total cost of $l,250,000 Ohio Cop
per Will then become a factor in the
market. n
According to the reports of his engt-
neers (and HeinZe always employs the
practically assured him OF the exist
ence of no less than l., 100000 tons. with
large area still unexplored. What
is called the main transportation tun-
mel is now being driven to cut the ore
body at a further vertical depth of $50
feet. 1t Is equipped for electric haul
age and, as the character of the ore
bodies permits the caving system of
mining, there Is no doubt that the
product can be handled at a very low
cost
THE copper contents of the Ohio ore
are said to be Ii per cent. as COM
pared With 1.9 per cent for Utah Cop
per and 1.5 per cent for the Boston
Consolidated, the other big producers of
Bingham canyon 1t is claimed that
the product Is more susceptible to sue
cessful concentration than any other
in the district and that the average
experimental saving for 20l days was
"a per cent This Is said to be from
8 to 10 per cent higher than the saving
on mining is 10 cents a ton. hauling, 10
cents; milling. 90 cents, and hauling
to the smclter. 40 cents. Eighteen tons
of crude ore is estimated to produce 8
ton OF SAL. II concentrates, leaving a net
profit Of S0.945 a ton of crude ore, or
$lT.0f on each ton of concentrates. With
the new plant in operation it is eX-
can be made with copper at 10 cents.
The new concentrating plant, with a
apacity of 1000 tons a day. which will
probably be worked up to $500 tons. Is
situated within three-quarters of a mile
of the mouth Of the new tunnel, through
which the ore will be transported direct
from the loading chlltes to the ore bins
at the mill by electric trolley trains.
The main building 317x391 feet--fs con-
structed of steel covered with CORFU
gated iron over a sheeting of thick as
hestos paper. making it practically fire.
proof. All floors are of concrete, as
are all walls and foundations for tables
andS Gillian mills. The slime plant
115x343 feet--is also Of steel construc-
ton. The mill will be equipped with
two 24x16 jaw crushers. four 20N6 jaw.
crushers eight 26x15 rolls. 144 jigs, is
7-foot Gillian mills and 3S2 Wiley ta-
bles. The slime plant will contain 72
Whitley tables. 1870 C'a1low tanks and IL
buddles. About 1,4S0 acres of land have
t,een purchased for failing ground, and
railroad connection has been made with
DIN ,fe,,y, ,.rli1