The Calumet news., 1912-06-05
BIG PROFIT FROM
SANDS ASSURED
CALUMET & HEcLA WILL MAKE
FROM 500 600 TO $4,000 A
YEAR FROM RE
GRINDING.

By j. IT, Wilson n the Native
Copper Times)
The report of thc d,rccors OF the
Calumet q Hccla, the bonanza cop-
per mine 81 the world. for the year
1911 continues to Doe fav0rbly COM
mentcd upon -and an that has been
said 1l thc property by the various
writer's. dccs not by a long way. do
80 mI Justice The bis mine has "a
future AWAY and beyond anythius
contemplated or guessed at. even %
greater and larger future. on the cone
gl0merate. than was estimated by tae
management cf the company in tae
now abandoned proposed plans 't
consultations For the consoHt1tica,
90 IS now apparent in The face OF the
greater and later light. that the value
~ the big mine was underestimate %
and within tho next ton years
shareholders in Calumet q Hecla wiz
have reason to be thankful to those
responsible for the abandonment Of
the plans.
A mtle more is known today of the
resources In the cougiOmcrato. under
ground. in the big mine, as wen as
Of what is TO Doe expected OF the Os-
ceola amygdaloid in the compauy's
lands: of the results 20 come from the
handling of the old sands, and what
they may mean o. stockholders; oi
the su greater economies from the
application OF increased electric pow
or. and from changes that are being
made 40 all times, at mine ana mills.
10 reduce the cost OF mining and ure
pairing a pound of copper for market
Along the lines or making iur the
future of the Calumet & Hccla. lis thc|
decision of the directorate 90 handle
and resrush all Old sands and this de-
oision is not based on guess work, but
on actual results in regrinding the
coarse sands from the Calumet mill
which have been most satisfactory
up 20 Dec. 81, 1911. "a total of ll61s69
tons of coarse tailings were treated
from which a recovery OF 5220.l46
pounds Of refined copper was obtained
al cost of less than six cents per
Round. and adding 90 the net profits
of the Big company with copper aver
aging 1875 cents fully 100000. or $500
Ter share-aud these results arc from
coarse sands coming from the rcmod
oIcd mills of today. while thc major
rortian OF the sands no be- treated in
the 80. plant. when completed. viii
come from the old sands. which ar"
known 90 be very much richer in cop
pcr contents. although officials OF the
company are again. I'm the opinion Of
tac writer. over conservative in es-
tluatinq the probable recover How
ever. they figure that for the new
plant % pound Of copper marketed viii
NOT cost to exceed six cents.
Pebble Reerushinp Mill
For this plant ground has alrea1y
feor broken. and the work Of con
structiJn viii ne pushed as rapidly
ae possible. The plant win be 122-f2l
feet in area, and located sixty feet
east of the present plant The bus
ina win be Steel with 3ll f'un 10
tigns. etc. OF concrete. % viii hc
equipped with sixty-four pebblc mills
and about $50 tables. and viii haY"
capacity for handling about 5000 tonr
nor dav. of which some 3250 tons arc
to be regrouud. the remainder. tho
shines. receiving table treatment onF
and 5000 toms per day, with re-
caverv of Az pounds oi copper th"
same as Is obtained from the Calumet
r.. ...,,I. ,.,uII Give YEARLY re