Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-04-21
UTAH COPPER LARGEST
PRODUCER IN WORLD
New Method Of Concentration Places
Company in Foremost Ranks as
Producer of Copper.

Tho prominent position TO which
the Utah Copper has jumped In the
past few years has been one OF the
greatest monuments 10 the mining in
dustry OF the state OF Utah. Not only
is q great now. but IL is increasing
daily and It's greatest record IN yet 20
h. made. SuaalSing 81 this company.
George T. Walker Of tho Boston Com
mercial says.
Utah copper e. now one OF the
worlds largest copper producers. It's
March utput was $4,000 pounds from
ita Bingham properties alone Wlcn
now comprise the Boston Consolidated
and Utah Copper mines. This Is az the
rate ~ about 100. 900 900 pounds annual
tv. In addition D. this Il owns about %
nor cent OF the Nevada Consolidated
production through its holdings OF the
latter companys stock. It's annual pro
duct,on. therefore. may now be figured
as equivalent TO ia, 900 900 pounds. This
exceeds the current output or Calumet
a. Hecla from its own mines and us
proportion Of the production of the
other companies On which II Ia interest
cd. and Is greater than the present out
nut Of Rio Tinto or any other single
mining company in the world with the
single exception Of the merged Butte
mines Of Anaconda and Amalgamated.
IL lust about equals the production or
Phelps. Dodge a Co from their three
great mines
"A most important development IN
connection with Utah Copper's opera
tons recently is that arising from the
testing out and adoption OF more or
less new method Of concentration. After
the first crushing the ore now goes over
a. fsaH rarTa 4 -
and saves the greater part or the con
cantrate or mineral Then the ore Is
reground 10 a flne pulp and concentrat-
ed again on the same delicately adjust
ed tables used heretofore BY this meth
cd a greater amount Of the values Us
recovered, milling costs reduced 10 or 10
cents per ton. and more than twice az
large a tonnage Of ore treated In mil
Of given size As a result or this dis
cOvery Utah Copper Will be able 10 IN
crease the capacity of its Garfield mill
from 5000 20 1900 tons daily and or
the Boston Consolidated min from 5000
To 600 tons daily without increasing
the size OF these structures at all. The
expense viii be confined 10 the rear
rangement Of machinery. an increase
IN power and the purchase OF few
tables. and nearly all 81 the cash
raised recently through the sale Of
treasury stock, ts,6Ss. 80, viii be saved
20 the company for other uses than
concentration construction.
1T Is announced that the Utah Cop
per company win Immediately build a
railroad from its mines I'm Bingham 70
TO its Garfield and Boston Consolidated
concentrators As ] understand IT, the
company's contract with the Rio
Grande Western Is limited to the
amount OF its present daily output.
The 1000 tons increase in output,
therefore. will be hauled over its own
railroad The milling revolutions re
fcrrcd 20 will save sufficient of the
money raised to construct extensions
20 It's milling plants. 10 moro than pay
the entire cost ~ building and equip
ping It's new railroad.
This puts Utah copper in an OK
tremelv strong position, and adds "a
great many dollars to the real value 81
each share Of It's stock When its pro-
duction reaches "A total 81 10000 tons Of
ore daily. IL viii produce at the rate of
100 600 600 pounds ~ copper annually,
at a cost Of 2 cents or less per pound.
which will amount to more than 100
pounds for each share OF its outstand-
ing capital stock. without including the
proportion IL win own ~ Nevada Con
soHdated'e production. with copper no
13 cents. therefore. the company win be
able To- earn over 81 per share on IT'S
stock from its Utah operations alone,
and IN addition 10 this 10 win receive
dividends on nearly half the capital
stock ~ Nevada Consolida ted. Ulti-
mate dividends Of az least s. per share
on Utah Copper stock therefore seem
assured Tho company ts now paying
az the rate of So per share annually