Show TO MAKE MINING profitable to make mining profitable says the boston commercial three important things are required these are able and efficient management ore bodies of sufficient size and richness and money enough to pay for such advance development and equipment as are essential to economical operations if the management is in the hands of men having honest business motives they can be de 40 upon not net to undertake the develop develon ment of a property until they are reason ably satisfied that it contains ore of the th necessary richness and in sufficient quantity to make a mine therefore more really depends on the management of a mining minine company than on any other factor it is a pleasure to note that eastern pa pers are beginning to get down to actually actu ali all ties in their impressions of the mining la in austry that they are becoming more mor 0 and more able to grasp the important features associated with successful mining operations and that they are educating their readers as to the true principles underlying the great mining industry of the west and it is safe to assume that when these teachings bear fruit that more people will engage in legitimate mining operations than ever before and that instead of the failures accompanying compa nying inexperience and lack of practical knowledge more successes seso will attend those who embark in this fascinating and profitable occupation the commercial commercio al is right in its conclusions as to the three important requisites involved in profitable mining able and efficient management is absolutely essential ore bodies of size and paying value are of course indispensable and money for development exploration and mine and mill equipment must be forthcoming still we believe that the first and most important factor in successful mine operation is the existence of practically inexhaustible bodies of pay ore with this supply assured it rests with able and economical management to make a success of any mining enterprise ter Iter prise another dominant feature connected with successful mining operations is the fluctuation of the metal market many mines in this western country whose merit and value ara are fully established and in whose workings large bodies of mineral are blocked and ready for the market or the mill are regulated in their production by the fluctuation of quotations of silver lead and copper good management cannot set the price upon these metals and yet the advance or decline of a few cents in these quotations will place a producing mine upon a paying basis or cause it to operate at a loss and yet we have many mines whose ores are so rich and whose ore bodies are so large that they can be worked at a profit even all ough other properties are compelled to close down because of a depression in the metal market but at the same saine time there is also a noticeable decline in the net earnings of such wealth producers it is a poor property however at present quotations that will not make a handsome and margin for its owners if the management is honest able and experienced if the th and anait if ore bodies are large and marketable the bank account is ample for systematic and intelligent development and sufficient for all necessary mine and mill equip equipment men L |