Show HAS PRODUCED COPPER FOR THREE THOUSAND YEARS rio tinto limited has posted an interim dividend of 40 shillings compared with 35 shillings six months ago and 20 shillings a year ago says the standard anaconda montana rio tinto is today repeating the history of 2000 years ago when the romans used rio tinto copper against the goths goehs today the italians and the allies are using rio tinto copper against the germans the descendants of the goths goehs the rio tinto mines in the province of huelva spain were worked according to the oldest records by the phoenicians Phoenicia ns 1100 B C tile the carthaginians and romans worked the rio tinto mines and then the goths goehs took a hand when they finally overthrew rome for years rio tinto has been the great copper mine of the world though still a great copper property it shines in modern times mostly through the of bygone centuries for today the rio tinto mines are exceeded in market value by a number of american copper mining plants notably anaconda utah and copper queen phelps dodge not to mention smelters shelters Sm elters rio tinto ranks next after these and is one of the eight mining companies in the world with a market value of over for their securities the other two are new jersey zinc company and de beers limited the diamond trust it is to laugh when long haired statisticians ponder over the ore reserve figures of copper mines and worry how long the mines will last rio tinto in spain which has been mining for years and cerro de pasco in peru which has been mining for years and is still at very shallow levels should dispel their worries but both rio tinto and cerro de pasco emphasize pha size what ought to be well known that though a mine may last years no company lasts so long it is one thing to say that certain districts will be producing copper years hence it is another to say that the copper will be brodu ced by the present company |