Industrial and commercial South AmericaPeck, Annie S. (Annie Smith)
History
Industrial and commercial South America
Peck, Annie S. (Annie Smith)
South America; South America -- Economic conditions -- 1918-
=Gold= and silver are always interesting, and there is still plenty in
Peru. In 1916 about $1,200,000 worth of gold was mined, though accurate
statistics are impossible, on account of the difficulty of estimating
the quantity got out by the Indians. A Peruvian engineer estimates the
product from the Inambari River through their primitive methods as
$100,000 yearly. They build a floor in the river, and the next season
wash out the gold sand in the crevices. There are auriferous deposits
in Puno and Cuzco; both veins and placers at Sandia and Carabaya, and
at Quispicanchis and Paucartambo. Gold coinage in 1918 amounted to
nearly $3,000,000. The Aporama Goldfields property near the Hauri Hauri
River at Sandia, Puno, has placer deposits covering 1277 acres. It was
just reaching production stage when the War opened and interfered. The
New Chuquitambo Company has 142 acres in the Cerro de Pasco Province.
The Inca Mining Company, American, has the Santo Domingo Mines on the
Inambari River, now in the Madre de Dios Department. From Tirapata on
the Juliaca-Cuzco Railway, there is a wagon road for some miles, then a
mule trail over the Aricoma Pass, 16,500 feet, and down to an altitude
of 7000 feet. Even with the difficulties attending the transportation
of machinery and supplies $8,000,000 have been produced without
exhausting the deposit. The Cochasayhuas mine in Cotabambas yields
$20,000 a month. Seventy per cent of the gold production is said to
come from Puno.
=Silver.= Of silver mines the most important is reported to be that
of the Anglo-French Company near the port of Huarmey. Dividends have
averaged from 20 to 25 per cent per annum. Possibly rivalling this, are
mines farther south at an altitude up to 16,500 feet, the reduction
works at 15,200 feet in the Cerro Quespesisa, 120 miles back of Pisco.
Less favorably located, but one of the most productive districts in
Peru, in the last 50 years it has yielded 6,000,000 ounces of silver
with crude processes and a loss of over 25 per cent. The fuel used
is _taquia_ (llama dung) of which 1500 tons a year are burned. The
temperature in the middle of the day is 45°. At that altitude there is
no great difference in the seasons in the torrid zone. Supplies are
brought from Pisco, a four and a half days’ journey.
The Morococha mines produced in 1916 (estimated) 1,500,000 ounces. The
selected ore sent from Colquipocro to a Liverpool smelter averaged for
some years $200 a ton, while the thousands of tons on the dump run $80
a ton. Silver is usually found with either copper or lead, in Peru
oftener with the latter, while gold is in veins of ferruginous quartz,
generally with other metals as silver and copper, as well as in sand,
alluvial deposits, and in nuggets. Other silver mines operated are in
Cajamarca, Ancash, at Yauli near Oroya, at Cailloma in Arequipa 100
miles north of Sumbay, and elsewhere.
Public-domain text, read in full here on John Shaqi.
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