The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1912-02-27
MINES AND MINING, STOCKS


existing furnaces. This will give US
the necessary increase i'm caapcity and
allow OF Far greater efficiency i'm OPP
Grafton. There will also result an eco
nOmy In heat and a reduction in the
1 cost OF labor for operation. I'm con-
nection with this improvement We Will
install additional ore bins and mechdn-
! ical charging apparatus. We are also
introducing the basic lined converter
which is operating very successfully,
the only difficulty being to procure men
who know how TO run il. \ great saw
ing is had here. as we are able to
treat more or less raw ore IN the con-
verters, The basic lined converter is
being used AT the Washoc and Gar
field smclters. The new sintering plant
is enabling us To handle Hue dust at a
saving Of IS per ton.
All OF the above changes and inn
proyements should be completed by
July lst. when we hope to be produc-
ing double our present output, or p
100000 pounds ~ blister copper per
month. Costs are now running less
than nine cents per pound and q fur
Their reduction is confidently antlci-
patcd. We are getting All the custom
ores We can handle al present and our
own ores are piling up. I'm January,
while one OF the furnaces was being
connected with the dust chamber. we
were Obliged to operate with only one
furnace. which has caused these ores /
% accumulate. Underground condi- !
lions are excellent The ore being
1oisted now is all coming from the Sth |
level and is of a very high average |
rade. Development work continues /
n the 10th and 18th levels Mos.
f lie development is on the 10th level. |
however, where we are endcaN oring 10
Ipcn up the ore bodies found ola the
Sth level above We look for interest
developments on this level within the
leXt sis months.
The Globe district, where the south
western Miami property Is located. is a
scene OF intense activity and all around
is. as we'll as on our own property. ac-
i've development work is beng pushed.
North Of the Southwestern MYianh.
he Lewisohns are drilling the Barney
Group, which it is understood they
lave under option for 100000. while
IN the south the South Live Oak is
preparing 10 explore its territory. on
he northeast we are bounded by the
Live oak. upon which property there
laS already been proved more than 49,
100000 tons Of better than per cent
IRE. This property was recently TAX
N into the Inspiration Cons. in which
he Standard Oil-Morgan-U. :. Steel
.roup is Interested. on our own
property the second drill hole is being
unk and is now at a depth of about
90 feet. in red sludge which over
les the Schist under which the ore
'ody has been proven To exist in this
district The. indications are that We
AIRY the extension of the highly min
rallied Live oak ore body over a con-
Siderable portion OF our tract. We are
also in position to carry the ore
,ody which the Lewisohn Barney
iroub are looking for. in the western
nd OF tract
There has been an immense ton
age Of ore developed i'm this dis
riot Ina the Miami Inspiration and
i've oak tracts and the indications are
hat the western end Of the district
n which We are operating together
With the Lewisohns, who control the
Miami company in the northeast will
'e shown 10 carry ore bodies fully as
arge and as rich as those already
developed The Southwestern Miami
$ a property of excellent promise and
development operations are being car
led on with all possible expedition"