The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1913-01-07
GOLD PRODUCTION
IN BLACK HILLS
Homestake Made Great Record
During Year 1912

Deadwood =. b., Jan. With
record for the greatest annual produc
ton in its history and conditions look
Ing brighter than for many years
Black His mining interests entei
The new year with high hope Never
before has the annual production
reached the Ss,OO0,O0O mark for a
twelve months period but this was
passed in 1912 which shows total Of
SAOS5,isS, with every prospect Of this
being exceeded in 1913
Virtually one and one-half millions
we're paid in dividends of which Tho
HomeStake contributed sl.8l0.000 IN its
stockholders. The completion and
operation by the Homestake of the biz
slioe.o00 hydro-electrIc power plant
ir Speariish canyon, which effects
saving OF $40 to the horsepower and
increases the stamp efficiency in the
mills was the most noteworthy
achievement The new OstermaDp
smeiter, which is nearly completed an
fa.ena and which is expected 10 ham
ole much 81 the pyritlr ores now idle (,
was another achievement: the COM
menclng of work on the Deadwood- {
Homestake properties. combination
Of the Montezuma and the N-hizzers
and others well-Worked on large 4,
scale. the erection vi rooster by M.
Golden Reward company which win
increase its CAPACITY are other factors
'Hl'n have tended 10 stimulate the q
'u'I'ok for mining in the Black Hills u
All on Low. Grade Ore. al
approximately 1000 60u tons Of ore 50
were mined in The Hills IN 1872. which 10
means that the average ore mined WAS
worth approximately 81 10 the ION at
gold The Black Hills has always "a
n'"n known as a low-Eradc country. re-
and every one NJ The producing mines ih
cen Sa"" today large quantities ~ MS
if.s material in sight and ready for ga
inning Tor years t0 come which ne.
~ur@s the future and leaves room for alI
-iH greater profits with tho advance tta
% scientific methods The Home Oh.
take alone which produced y6.5s9.00ot /
.uring ,he year, has fifty wears NJ ore tha
% sl2at and is enecttng saving NJ has
' per cent 1f tho values Of am ores pro
r-ated. .e
the Wasp No g company continues new
~ reap large profits "a ore averaging rhe
l.'i o. the ton gold and paid $4,000 me
p dividends during tho wear Tho .em
rolan comranv bg combining new clos
''peFt'es which o. purchased. has thes
l.feased his capacity ana is fod,, md
"pp.ns more and higher grade 1r. .u-
the Denver ana Om.ha shelters yli
IAN ever IN IT'S history The New 20 Tor.
1iler COMPANY got on its feet again strir
ld is slowly developing into ono Of ton.
~ steady producers Of the Hills been
Other important DEVELOPMENTS. ycnt
me Richmond and Sitting PM Talk
"perties IN the Galena district ae,i,, Y,rft
''''d the INST Of producers and are cesss
" Sn pping high grade load-snvcr supp
L" the shelters. The Monarch abro,
ne IN the same district is shining % CA
her snT than al amy time in fts abro:
l'rF. The Bismarck Consolidated sumo
npany adjoir'ns the Wasp 80 % ul.,p,
with sim.I1r proposition Is they
'ui 20 pat into commission IT'S now conn,
tons mill The Black Hms Ffnau. dang.
ana Development corp,.r..,f,r .,.,,,.
is oyer the Gold King and .,.,r,- -.
p'riies .n 'h" Rockford district ana far +
'"" developing mine which prom from
q" become 70 producer within tho r,bf
year. tn" North HomestaFo The ra
'' 40 Maitland is completing plans g,.,.
imriIou aDf deraLopmrut .s ...f -,
lower -ua,a iu rl. nine
Do" southern Black Hills produced ...,,.
ing the year much l..r -,,...1.. $3.50,