The Wallace miner. [volume] (Wallace, Idaho) 1907-current, 1915-07-22
PLACE OF INSPIRATION
AMONG COPPER MINES
GREAT Low GRADE PoRPHYRY
MINE OF ARIZONA NEAR TOP
AMONG PRODUCERS.

Inspiration Consolidated, with the
beginning of july has started the first
unit OF its big mill at Miami Between
SO,OO0,0O0 and 40,OO0.O0O pounds OF cop
per should be produced by the end OF
the year. The mill has nine sections
and these will be placed in operation,
one after another, as rapidly as COM
pleted, with the prospect that by Oc-
tober its full capacity should be APP
proXimated. Discussing this property
the Dawson market letter says.
Rank as Producer.
1t Is claimed for this property that
| ii is the sixth largest copper mine in
the world, based ON ore reserves,
amounting to 100000 tons, and that
with the completion of its plants now
under construction 1t will take it's
place as the sixth largest producer al
so. 1t Is claimed that among the mines
of the United States, Inspiration is
fourth in point of tonnage and will be
NTH of the copper producers. Outside
of the United States 1t is surpassed in
ore reserves by but two mines, and,
based on their present production, will
be exceeded by but one mine In the
annual output of the red metal. With
the entrance Of Chile Copper into the
producing situation, being few days
ahead of Inspiration Consolidated In
that respect, some revision of our
statement may be necessary 1t Is fig
ured that both Chile Copper and In
spiration Consolidated will be produc-
ing at the rate of 100000 pounds
month by the end of 1915. But 1t is
expected that with the equipment OF
| its second and third units output of
Chile Copper will be increased to $780,
100000 pounds a year. Such produce
ton will place 1t In the lead of the
world, unless Anaconda, by expansion,
continues to hold the leadership with
Its group of mines. Utah Copper, at
present the largest individual copper
mine In the world in point of produce
ton, is now producing at the rate of
nearly 17O,OO0,O0O pounds of copper an
nually--the worlds record for a sin
gle mine.
Anaconda Output.
"The Anaconda group can produce
at present around 30O,000,O00 pounds
of copper year, and with its general
expansion and the adoption of leach
| ing on an extensive scale may hold It's
laa darSbip aponpo tho nnppar ora1,n nc
a 4O0,000000- pound output annually
| by Anaconda would be by no means an
/ improbability But among the single
mines Utah so far takes the lead, The
Anaconda mine reached a maximum
output of 135000,O00 pounds in sin
gle year. The Calumet e. Hecla par
ent mine passed the zenith of its pro-
duction in 1906-101 100000 pounds.
Rio Tinto, the Methuselah of all mines,
modernized after 1t was taken over by
the Rothschllds, reached its maximum
production in 1904-S0314 400 pounds,
We may perhaps say of Inspiration
Consolidated that 1t will become the
third largest producer, according to
present schedule. by the end of1915,
being surpassed only by Anaconda and
Utah Copper, although Chile Copper
may be producing at that time as
much as Inspiration. We may also
class 1t as third in the amount of its
ore reserves, which have been placed
as high as approximately 100000,00O
tons, dts superiors only being Chile and
Utah, both of which are credited with
ore reserves exceeding 3O0,000,OOo
tons
No Over-Production Of Copper
inspiration is the last Of the coun
try's large low grade porphyry mines
under development to enter the pro-
duclng ranks. These are the days OF
mighty copper companies and also a
mighty demand for copper. Those who
witnessed with much apprehension the
development, one by one, Of the por-
Iphyry group-Utah, Nevada, Chino,
Ray and Miami-wthout seeing them
dislocate the copper market will have
no fears now of such a disastrous re-
suit The question is still with us:
Will there be enough copper to go
arol1nd2"