Show ARIZONA stockholders of the kay copper company at a special meeting may 26 in new york approved a bond issue of 5 for further development of the mine in yavapai county and the construction of a concentrating plant of or 1000 tons daily capacity officials of the belmont co copper p per mining company announce completion of arrangements to take over interests held by the calumet and arizona mining company in three patented claims near superior for in addition to the purchase price the belmont it is said will spend for development work six months ago the belmont closed a option on a group of forty claims in the district owned by the consolidated holding and trust company construction work on the new lead smelter the first to be built in arizona and one of the few in the entire west is well under way ardithe furnaces for the new plant will be blown in about next august P G beckett general manager for the phelps dodge corporation announced that fact recently shenew the new smelter is being constructed by the phelps dodge incorporation to treat lead ores taken from their mines at bisbee and to handle ores sent in by outside interests on a custom basis the layne basin mining company is preparing the shipment of a 50 ton car of ore from its mine at layne springs the ore carries values in gold silver copper lead and zinc a complex that may work out well in selective milling practice the vein from which the ore is being taken has a good width and the values are said to be uni uniform the layne basin company has an important group ol of mines to the north of the oro plata the work of widening the single compartment shaft on the baaba mine to a double compartment is now under way the present shaft has reached a depth of feet and tle the widening will be carried to that depth this work is preparatory to the increasing of the mill capacity to 12 tons tolls daily and the work is expected to be finished wi within thill 1 the next ninety days 0 W little came in from the coast a few da days y s ago to take charge Z of operations the baaba mine is situated to the west of round valley and about miles easterly from kingman A large amount of work has been done on the property and this work is still to be further extended kingman miner |