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Ch. 1: Gold and Silver in 1922

Ch. 1: Gold and Silver in 1922 Page of 54 Ch. 1: Gold and Silver in 1922 Text size:minus plus Restore normal size   Mail page  Print this page
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MINERAL RESOURCES, 1922—PART I.
The quantity of siliceous ores treated in South Dakota in 1922 increased, but the recovery of gold per ton was slightly smaller; the siliceous ore in California increased 149,582 tons, and the gold recovery per ton was the second largest recorded for 10 years.
COPPER ORES.
The gold obtained as a by-product in the smelting of copper ores sold or treated in 1922 showed an increase in quantity and a very large increase in percentage of the total gold yield, though the percentage was less than in 1920. The largest producer was Arizona, followed by Utah, Montana, New Mexico, California, and Nevada.
LEAD ORES.
The geld in lead ores sold or treated in 1922 came chiefly from Utah, Colorado, Arizona, Nevada, Montana, and Idaho and showed a decrease compared with the output in 1921.
LEAD-ZINC, ZINC, AND MIXED ORES.
The production of gold from zinc, lead-zinc, copper-lead, and copper-lead-zinc ores in 1922 was about six times as great as the production in 1921. Utah and Montana produced nearly all the gold from lead-zinc ores, and Montana and California produced most of the gold from zinc ores. Idaho and Montana contributed nearly all the gold from copper-lead ore.
PRODUCTION OF GOLD, BY SOURCES, 1905-1922.
As shown in the following table, giving the source of the output of gold in the United States during the period 1905-1922, dry and siliceous ores yielded 65.7 per cent of the total, placer mining 25.4 per cent, copper ores 6.4, and all other ores 2.5 per cent. It is evident that there can be no great increase from the last-named ores. The yield from copper ores may increase, but no probable gain will bring the output of gold from copper ore to more than $5,000,000 or $6,000,000. The yield of gold from placers in 1922 was less than half that of the average of the years 1906-1916, and though there may be spasmodic increases during the next few years, it is practically certain that the output from this source will decline owing to the steady exhaustion of ground capable of being worked with dredges. Appar­ently any large increases in the yield of gold must come from dry and siliceous ores, which have yielded two-thirds of the output in the last 18 years. As the production from the dry and siliceous ores has decreased more than 50 per cent since 1915, as no new large bodies of ores of that class have been discovered, and as some of the low-grade siliceous ore can not be worked on account of the increased cost of mining and milling, there is apparently no reason to expect that the annual yield of gold from mines in the United States will exceed $50,000,000 to $55,000,000.
Ch. 1: Gold and Silver in 1922 Page of 54 Ch. 1: Gold and Silver in 1922
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US Geol. Surv. 1922. Gemstones, Metals.
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