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Ch. 1: Gold and Silver in 1918

Ch. 1: Gold and Silver in 1918 Page of 73 Ch. 1: Gold and Silver in 1918 Text size:minus plus Restore normal size   Mail page  Print this page
GOLD AND SILVER.                                        733
Lode mines of California, the Alaska mines of the Juneau district, and the Cripple Creek and upper San Miguel County mines in Colo­rado. The great gold-dredging fields of California, especially of the Marysville district, are examples of the placer gravels worked on a large scale. A considerable output of gold is also now recovered from the refining of copper bullion from copper ores, especially of the West Mountain or Bingham district, Utah, and the Summit Valley or Butte district, Mont. In 1918 the copper ores of the United States produced more than 9.6 per cent of the total gold, against 8.7 per cent in. 1917. The natural tendency is for the pro­portionate output from gold ores to decrease with declining yield from some of the principal gold camps and for that from copper ores to increase, with a general net falling off of total yield of gold owing to the preponderant output from gold and gold-silver ores.
The principal domestic supply of new silver came from dry or siliceous silver and silver-gold ores, copper ores, lead ores, and lead-zinc ores in the proportion of 31.7, 30, 26.9, and 10.7 per cent, respec­tively, in 1918, against 30.4, 28.8, 27, and 12.2 per cent, respectively, in 1917. The dry or siliceous silver-gold ores have come chiefly from four large mines of the Tonopah district, Nev., and declining output from this camp more than offsets gains from such ores elsewhere. The bulk of the silver ores of this class are milled and cyanided at or near the mines, although a small quantity of richer ores is shipped to copper and lead smelters. The largest single producer of silver in 1918 from domestic mines was the Anaconda Copper Mining Co., of Montana, producing from copper ores; the second largest was the Chief Consolidated Mining Co., of Utah., producing from lead ores; and the third largest was the Butte & Superior Mining Co., of Montana, producing from lead-zinc ores. Of the 25 mines or groups of mines producing silver on the largest scale, 5 were silver-gold and silver mines, 7 were copper mines, 11 were lead mines, and 2 were zinc-lead mines. With large recent increase in output of argentiferous copper, lead, and zinc-lead ores, the domestic silver output has been fairly well maintained against decline from silver-gold and (the rare) silver ores. Tne silver obtained as a by-product from copper, lead, and zinc ores is derived from refining the copper and lead bullion produced in smelting those and other ores.
WORLD'S PRODUCTION OF GOLD.
Value of gold produced in the Ivorld, 1860-1918.
[The annual production from I860 to 1872 is obtained from statistics for 5-year periods compiled by Dr. Adolph Soetbccr. Since 1872 the estimates aro those of the Bureau of the Mint. See PI. VII.]
Ch. 1: Gold and Silver in 1918 Page of 73 Ch. 1: Gold and Silver in 1918
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US Geol. Surv. 1918. Gemstones, Metals.
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