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-
The chief ports of this region are Iquique and Antofagasta, Pisagua
being a smaller port visited only by the _caletero_ or the strictly
freight boats. Iquique is a more agreeable city than in former days,
when water was sometimes $2 a gallon, and people drank champagne, they
said, because water was too expensive. Now the dust of the streets is
laid by sprinklers, some people have bath rooms, a few even fountains
in patios. Antofagasta is also a desert place, unattractive to look at,
but with good shops, business houses, and fair hotels. The water comes
a distance of nearly 200 miles, the source more than two miles above
the sea.
=Potash.= In addition to nitrates Chile possesses extensive beds of
useful potash one of which is estimated to contain nearly 7,000,000
tons easy of exploitation.
=Copper.= The property of the Chile Copper Company (one of the
Guggenheim interests) at Chuquicamata is said to be the largest copper
deposit known in the world. About 2000 of the 9600 acres of the claim
are mineralized. The outcrop of copper is one and a half miles in
length. It has been proved below to a width of 1800 feet and a length
of 7500 feet. Ten of the 2080 shafts are over 1000 feet in depth, and
at 1500 feet the ore is of commercial value. Over 700,000,000 tons of
positive and probable ore have been developed, carrying an average
value of 2.12 per cent copper. The reduction plant has a capacity of
15,000 tons a day, the refinery of 180,000,000 pounds a year. With a
90 per cent extraction the yield is 96 pounds of copper per ton. At
the port of Tocopilla, north of Antofagasta, the Company has a power
station where oil from California is used to generate a power of
24,000-27,000 kilowatts needed at Chuquicamata. This is transported by
wire across country a distance of 100 miles. At normal prices the cost
of copper production with delivery in New York or Europe is $121 a ton,
or about 6 cents a pound; higher with war time conditions which still
obtain (1921). From the 15,000 ton plant in full service 175,000,000
pounds of copper would be produced annually. In 1920, 55,617,000 pounds
were produced, the largest amount from any mine in Chile. In 1916
important mines belonging to the Calama Mining Company were added to
the Chile Company’s holdings.
Public-domain text, read in full here on John Shaqi.
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