Bisbee daily review., 1910-12-30

1 Iedug become l3TSeiy interested III
 Russia. one of the greatest invest
 ments being that of the Internation-
 al Harvester Go. whose products
 are seen in all parts of the country
 even in sections 400 miles from rail
 roads. But American capital like that cf English and French inves-
 tons, has been investigating the min.
 ing conditions in that country. parti-
 cularly with reference to gold and
 copper. During the year there have
 been in Russia and Siberia mostly
 in the interests of Americans. five
 o. the best known mining men in
 the United States. John Hays Ham
 mond has recently been conferring
 with Russian rffidsls. Fi-esumhbIy
 for the purpose of obtaining eonees-
 sions for mining. agrioultureal and
 other valuable privileees.
 Russia has not vet reached the
 stage where it has become an in. portant factor in the world copper
 industry. but that time acc-rding to
 yell posted mining men. is fast ap- | rroach.ng. he sale of the product is
 handled through a syndicate which
 bays and sells 95 per cent of the country's entire output Owing to an
 cen: import duty the bulk of the | copper produced in Russia is also
 consumed there. Morgan interests
 have already gained . foothold there | for in the Caucasus Copper Mine,5
 Co. they are understood to have
 valuable property.
 ! Sydney H. Ball. a mining geo,o- | gist, who has just returned from 1 Siberis where he investigated c7p
 per conditions. says to the Boston News Bureau:
 l pper production n Russia for the first six months of the current year aEoantea 10 approximately g.
 zoo coo pounds, an increase of 8
 per cent The yield Of this metal
 has been increasing considerably I the greatest factor being the Ural section. There are four mining sec. tions in Russia. the Ural, Caucasus, Haikal and Kirghese Steppes. | Although the heaviest increase came from the Ural section. sub
 stantial saiils have aIso been made by the mines of the Caucasus and
 kirghese StepPes. The increase in
 urai district has been due primarily , 10 the restaiting of the Demidoffs
 smeiter, which pant. owned by | rrivate estate, has been closed dowr fer two or three years
 | The Kyshtim Corporation has re- gently blown in two furnaces Of it's new shelter of the wlshoe type and is treating 600 tons os ere per day The ore runs high in sulphur and iron and the first matte carries 70 per cent copper To cbviate fur. ther smelling basic converter is being erected while an electroIy5ic l refinery is already in operation. Best prices obtainable for copper are SC | cured by this company. In all Rus | tsla there is but one other electro lytic ref ming plant The Kyshtim estate covers 2000 square mics a.. a ralir ad runs into the property
 Tn the Kirghese Steppes there are two important mines. The Spas ! sky mine in southwestern Siberia | IS one of these. IL has a sme ter at SDassky. a coal mine at Karagandy and copper mines at Yupenssky. < company railroad connects all these points. June production was 224 tons and by now sh suld have reach ed 300 tons. The shaft at the copper property is i9O feet deep; ore runs rom II per cent 10 IS per cent l copper.
 A cost Of % lbs. per ton has been attained and on Nov. 10 the company phid it's first dividend, Its first six m-nths' production amount I'd to 2.573172 pounds. as compared
 with I,760.43G pounds in the. same period of Iastyear.
 The Atbaser Copper Fields Ltd. controls 2S 1-2 square miles the | greater portion of which is covered by rock Of tho ore-beariDg series. The mine has been developed by six shafts and ten drills are now at
 work A considerable tonnage has | been won and a large amount block cd out either by underground work or drills. The ore occurs either in | Hat or inclined sheets which are
 rom fS inches to over feet in
 thickness The ore is high. ayerag- ing from If to IT per cent copper
 and carries from 45 to 90 ounces of silver to the tn of ore The cree
 ton of csnelter is now being con
 sidered. The company also owns valuable coal claims"