Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-12-18
Camp of Bingham--Greatest Shipper Of Ore IN World

as we'll as on account OF our operating
costs being less than was formerly ex-
pected, we can handle thls low grade
material at a fair margin OF profit.
even at the present low price or cop
ner Tho character of the ore, with
rosnect To It's amcnability to concen-
tratlon. improved In greater proportion
than did the value OF the ore, to the
end that, during the quarter In ques-
ton. the average recovery per ton Waz
Increased by oyer 1.75 pounds OF con-
per. whereas the increased contents
as compared with the previous Quarter
was 115 pounds per ton. az previous
Iy stated so that considerable moro
than the total increased contents ~
the ore was actually recovered. In
other words the metallurgicel sasuIts
were much Improved as compared win
the previous quarter.
TONNAGE is GREATER.
THE tonnage mlIled during the third
quarter was greater, by an average
of Approximately 100 tons pcr day.
than for the preceding quarter This
Increased tonnage. together with tho
increased copper contents OF all the ore
treated, resulted in the total amount
of ore treated during the period hav-
ing contained approximately 100000
pounds more copper than the total
amount of ore treated during the sec
ond quarter. The gross output OF cop
per was, however. l.525.262 pounds
greater than that for the previous
quarter. the total copper contained In
the concentrates produced and shipped
10 the smelter during the quarter under
discussion having been 15.299,e47
pounds. as against 13.774.412 pounds for
the quarter preceding.
THE net profit from mining and
milling operations for the quarter
amounted to $715.5S7e4; the additional
income from rents and other incidental
items amounted to $6.095.24. bringing
the total net profit for the quarter up
10 $721, $50 IS.
"The increased output of copper due
to the slightly higher grade of tho
ore. and to its better concentrating
characteristics. rellecG itself very de-
cidedly in the per pound cost of pro-
duction, as compared with either the
first or second quarter of this year For
this quarter the average cost at both
plants was S,077 cents per pound for
the net copper produced. after de-
duction of the smelter allowances. as
against 1892 cents per pound for the
second quarter and for the fir"
quarter 96S cents per pound. Consid
ering the results of tho Garfield plar
by themselves, the cost per pound
the net copper produced was 767 cen;
Costs at the Copperton mill are. ar
always will be, somewhat higher thf
those at the Garfield plant. but r.
the quarter under consideration e.
condition was magnifed by the Gov
perton plant having run for a gree
proportion of the time under short
tonnage. on account of the altera-
tions the result being the Garfield
plant produced more than 90 per cent
of the total copper resulting from the
quarters operations
COST OF MILLING.
The total cost Of mining and milling
was reduced as compared with the
previous quarter, by nearly cents
per ton OF ore The actual cost OF
milling at the Garfield plant was slight
ly in excess OF AZ cents per ton. Fixed
and general charges, taxes. general Of
flee expenses and the like, taxed
against this brought the cost UP 20
50 ID cents per dry ton On pccou-t
of the small tonnage treated at Co
perton during the last quarter the costs
at this mill were naturally higi. ~;
average cost of milling at both \ -
after adding all fixed charges. 'Y'S -
cents per dry ton. The cost Il m n = p
and all expenses incident thereto
the mine was IS 80 cents per t.. H.
this was added the general cl1rg 8.
development expenses and HNd charS
per ton to retire prepaid stripping eX-