Political and commercial geology and the world's mineral resources
Science
Political and commercial geology and the world's mineral resources
Geology, Economic; Mines and mineral resources
Certain ore deposits (usually massive but irregular) which are situated
mainly in Arizona constitute the third important general class. These
deposits produce about one-quarter of the total United States output.
Bisbee, Jerome and Globe (Arizona), and Kennecott (Alaska), are the
main localities. Owing to the irregular nature of the deposits and the
distance from the surface at which the ore is found, large developed
reserves cannot be blocked out in advance. Such reserves are assumed to
be five years.
Apart from the three classes of deposits described above are many
smaller deposits, of which the most distinct class are the pyritic
bodies, notably those of Tennessee and California. Such deposits are
often profitable even when of low grade, because the sulphur as well as
the copper is recovered. Reserves in such deposits are large: equal,
say, to ten years’ life. Deposits of this class are important in Spain,
Norway and in part in Japan. Mines producing copper as a by-product
should also be grouped here.
From the above outline the table below has been compiled:
TABLE 41.--DEVELOPED RESERVES OF UNITED STATES COPPER MINES
------------------------------------+----------+--------+-----------
|Percentage| |
| of | |
| total |Years of|Extension
General group | output | life | [118]
------------------------------------+----------+--------+-----------
The “porphyries” | 35 | 26 | 9.10
Deep mines | 30 | 5 | 1.50
Rich ore bodies (Arizona and Alaska)| 25 | 5 | 1.25
Pyritic ore bodies | 5 | 10 | 0.50
Others | 5 | 2 | 0.10
+----------+--------+-----------
Average | 100 | 12.4 | 12.45
------------------------------------+----------+--------+-----------
[118] “Extension” is the Percentage of Total Output multiplied by the
Years of Life, giving the relative importance of each group.
The known ore reserves serve as a basis for the assumption that the
production of copper in the United States will continue at the present
figures for at least ten years.
CANADA
Canadian copper-producing properties are entirely controlled by
American and British capital in about equal proportion, changes
involving construction of new refineries and a shift in selling
control being assumed to be already effective. Up to the present time
the natural development has been for Canada to depend largely on the
United States for refining facilities. It is likely that in the future
local or English control in this field will be closer than heretofore,
although the Canadian copper industry will always be closely identified
with that of the United States.
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