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
The chief mines of these districts are now controlled by American
capital and may be classed with group 2 of Table 38. The Morococha
district was formerly English controlled, but the majority interests
have lately been acquired by the Cerro de Pasco Copper Co. (American).
The ores in both districts are exceedingly rich and the properties
are well fortified with reserves. Developed reserves are adequate
to insure four years’ production, and everything indicates that the
mines are working extensive and persistent ore deposits. Blister
copper is shipped to the American Smelting & Refining Co. in New York
for treatment and marketing. Both mines have fully equipped plants,
including smelters.
At the plant of Backus & Johnson Co., Morococha, some custom ore and
matte from locally owned mines is treated. Among these mines are those
of J. Galliver, producing 600 tons matte a year. Backus & Johnson also
have a smelter and mines in the Casapalca district. The Sayapullo
Syndicate (English) is working the Sayapullo mine under option from
the Peruvian owners. Some of this matte is shipped to the Casapalca
smelter, and the rest is exported to the United States. The output so
far is small; at present 800 tons per year.
Certain small companies ship ores to the United States: from these the
copper content amounted to about 4,000,000 pounds in 1917. This goes
(1919) chiefly to the American Metal Co. and L. Vogelstein for refining
and selling. This ore comes from Salaverry and Trujillo (Casapalca
district), Mollendo (southern district, including Ferrobamba, see
below), and Callao. All the blister copper is shipped from Callao
except small amounts shipped by Backus & Johnson from the Casapalca
district. An American company has developed a large body of low-grade
ore at Ferrobamba (Cotobamba Province), southern Peru. The property is
inaccessible and no work is now being done.
The following résumé gives some of the salient facts concerning the
Peruvian copper producers:
TABLE 44.--PRODUCTION OF COPPER IN PERU IN 1918
----------------+--------------+---------+--------------+-------------
| |Developed| |
| Output | Reserves| Product | Control
----------------+--------------+---------+--------------+-------------
Cerro de Pasco | 72,000,000(-)| 4 years |Blister Copper|United States
Backus & Johnson| 28,000,000(-)| 4 years | Do | Do
Huaron (new) | 5,000,000(?)| 4 years | Do |French
Ore shippers | 5,000,000 | ? |Ore |Local
+--------------+ | |
|110,000,000 | | |
----------------+--------------+---------+--------------+-------------
BOLIVIA
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