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By M. Lonoff

Byproducts are more important to the copper mining companies than to the copper market. Copper ores frequently contain gold, silver, molybdenum, lead, zinc, and cobalt. With the increase in the prices of these metals copper mining has become more profitable. If byproduct prices remain high, additional firms will be attracted to the copper industry; the increased supply of copper will reduce the long-run copper price. However, this is unlikely to happen because the markets for the copper byproducts, especially molybdenum and cobalt, are small. Increased recovery from copper and other sources will depress the prices of these byproducts before the copper price is significantly affected. Should byproduct prices remain high, the copper market will both settle at a lower long-run price and be more unstable in the short run. Since changes in the copper price do not affect the entire earnings of a multi-metal mine, the copper price must fall further before such mines reduce output in the short run. Higher byproduct revenues will make copper supply less responsive to copper prices; shifts in copper demand will result in greater copper price fluctuations in the short run than they did before.

Jan 1, 1984

By Clarence Woods

ONCE a millionaire's plaything, the Santo Domingo mine, in Peru, is now, because of its metallurgical problem, an engineer's nightmare. It is deep in the montaña jungles of the Amazon basin, 140 mi. northeast of Tirapata, which is a rail- way station between Puno and Cuzco, and about 250 mi. east of Mollendo on the Pacific. The discovery was 111ade by Marian(-) Quispe, an Indian, who, while searching for quinine bark, was attracted by a slab of gold quartz 1x1 the rock wall of a narrow canyon. He broke off a piece, weighing 47 Spanish ounces and, that time, worth approximately $900. This he took to Francisco Velasco and Manuel Estrada, merchants of Coaza, who persuaded Quispe to lead them to the place, five days' journey on foot through a tangled wilderness. Velasco ' and Estrada denounced the claim

Jan 1, 1938

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By American Institute of Mining Engineers

Jan 1, 1927

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By Chung Yu Wang

STUDY of two recent papers and a recent book leads one to raise anew the question-Why are certain regions of the earth more mineralized than others?

Jan 5, 1953

Early data about the amounts of coal used in making coke, and even of the first oven plants are meager. Table 84 shows the data about beehive ovens from 1841 to 1940, inclusive, and Table 85 shows the data about byproduct ovens from 1895 to 1940, inclusive.

Jan 1, 1942

Jan 1, 1953

US 4,185,077 - In the recovery of uranium from a solution produced by leaching uranium ore, the leach liquor is contacted with a polymeric crosslinked vinyl benzyl chloride anion exchange resin and eluted with sulfuric acid to recover uranyl sulfate Such a resin is resistant to attrition and thermal degradation during elution. R.L. Albright, assigned to Rohm & Haas Co Jan. 22, 1980. 6 pp (423-7). Filed: 10-31-75 (627,829).

Jan 1, 1982