The Calumet news., 1912-06-05
MINES AND MINING, STOCKS


same manner as to the present re.
grinding plant anl run into the new
plant in iaunder. The old sand,
from The Lake win be dredged uI
and pumped into centrally located
pool. aud there rehanjled into q
/ cla ssifylng house where the material
I 90 Doe rcground win he separated from
! ihe shines hy Woodbury. classifers
/ The sands viii be- settled and con-
yeyel into regrinding plant by belt
I conyeyor while the shines will be-
pumped into regrinding plant, 10 be
4 treated directly on the tables. After
treatment the tailings OF the plant
am Dee pumped into q launder amt
/ deposited al the same point as Calu-
met mN taiings. which is az the eN-
Teme southern portion OF the Calu.
met sand bank
In this plant there will DC a total
Of sixty-elght motors. OF 40 horse
power each: sixty -four of these, ol
one for each mill will Doe used IN
driving the tube mills. the other f0us
for operating shafting; and addition
a motors. agRregatlng possibly about
200 horsepower will 1e used for
Gredees. convcyors etc. making an
aggregate OF approximately 1000
rorsc-pouer To De used in operatine
mu ana supplying the sand. etc.
And to meet this call Tor Increased
power AN addition Is being built to
thc north end of the electric power
house which win house "a 900 X. W
mixed Tow steam turbine. nuw build
irg Df this about $500 x. W. viii bc
furnished from exhaust Of the pres
,nt stamp heads, meaning n very ma
tcriol lowering in the cost of power
however used.
AN pebble mills, tables. ETC. going
into This plan win be made in tho
FOUNDRY and shops Of tho Calumet a
Hecla company. at Calumet guar
autee that they viii be up To the
STANDARD specifications. and OF the
highest grade in construction.
BIG Profits Assured.
TINS new plant VIII mean the ad-
ding Co the output OF the mine not /
100000 pounds OF copper annually, |
but nearer 5.00o000. or 100000 !
rounds. and means 20 stockholders /
increased net earnings. with copper
at 10 cents Of from 100000 10 5000, 900 /
Ter year. and this added 10 the net /
earnings Of the No. ! plant. which BE- (
today not less than az the rate OF /
..., ..t ...- ...,,,,.,, min t,,..,, q. f,ras \
~ handsome earning from the coarse
taHings-and this new money earning
department will continue 20 do busi-
ness indefinitely as there are some
10000. 900 tons OF old sands to be
treated.
Pebble mills are 10 be used in the
new plant instead of the chilian
grinders, for the reason that tho
have proven that they
can De- relied upon 10 give better re-
suits ana To bc more economical, in /
the wo, of repa.r and upkeep-an1 /
the new future may bring some othe, !
method whereby n much larger per-
ccntage of the copper in the sands
nay DE recovered, aad this would (
.'' " 49, " . ....
man an. .ther change. 10 bee followed
ly greatly Increased earnings in the
Of these sands The writ
or feels that many millions OF dol
lars In dividends for stockholders, viii
come from the treatment of the big
eanl piles. and this viii Doe in the in
t,rcst Of the big company The con
tinuance of this new work will in
crease the labor an the concentratins
end. ard cannot but be for the GOOD
of the Torch Lake towns, while IN"
millions of pounds of copper that mus'
thereby bo added 10 the immense ag-
yield OF the Calumet
HocIa, viii give the Lake district the
distinction of having the copper mine
which IN point of copper produced and
for aggregate amount of money re-
turned 10 stockholders may never b"
cqu1lod.
Truly there Is but one Calumet
Hocla. having a management operat-
ing tho property with single pur-
pose. that OF making a pound of COP
Ter an the lowest cost. and marketing |
thc same at the best possible price
for ,nc good OF the company ANA OF az
the st1ckholders.