Show jf S S Mine Mime Location A 4 Curious Thing I L p e W e R kW M f Inside a smelter where metals etab ar are separated from rock The more low grade ores ore ore that can caD be fed feci to these theae plants the greater will be bethe bethe the return to the state tate A curious thing is mine taxation The lie very nature of ore bodies bodle Is 11 web such made up of everything from high In Ie grade to waste that in mine operation a line Is i drawn dividing what bat t constitutes ore on on which some ome small profit can be made and what constitutes waste wate on which losses are incurred if It it is I extracted and shipped metel It is ls the cost of Cf operation and an metal prices which determine where this thil line shall mall be The mines mine have no control over metal prices These Thee are determined largely I by world d conditions taxes iti wage scales lIw and hours over which the mines have no control Many Man costs coats for supplies and services are beyond their control The better the efficiency of a mine the closer to the waste will wilt mining be carried the lower the cost coat per ton of ore and the higher the metal prices the lower the grade will be the ore mined The mining of low grade ore is le leof of ot utmost importance to the State for it is ls on such ouch ore that the State the greatest percentage return in gross gruSI income Moreover If It such low grade ores orea are not taken out at the timeo f the higher grade de ore is II mined they the are usual ly I irrecoverably lost because the thel mine l workings working cave and cannot be reopened metal ni nit left t for in such the small lr ores amount of Thus Thui burdensome taxation or burdensome restrictions of any kind upon mini mini- t results in the wastage of an irreplaceable natural resource |