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Show UTAH COPPER'S LATEST REPORT The Utah Copper company, since resumption, of operations the first of April, has produced copper on the average of 7,386,-' 7,386,-' 544 pounds a month, according to the second quarterly report . for the year 1921. Output increased in-creased from 3,593,205 . gross pounds in concentrates in April to 9,081,371 pounds in May and 9,484,055 in June. Net production produc-tion of marketable copper derived deriv-ed from the gross output of 22,-159, 22,-159, 631 pounds in concentrates, after allowing for smelter deductions, deduc-tions, was 21, 332, 691 pounds. Average cost per net pound of copper produced from concentrates concen-trates was 11.5 cents, which includes in-cludes all fixed and general charges, but excludes all fixed charges, but excldes federal taxes. tax-es. Gold and silver values in the concentrates were equal to .82 of a cent per net pound of copper produced. A total of 1,144,479 dry tons of, ore was milled during the quarter, the average grade of which was 1.22 per cent copper. Average extrction based on shipments .of concentrates to smelter, was 79.51 per cent. Financial results for the quarter quar-ter were as follows: Net profit from copper production pro-duction only .$323,293.81 Miscellaneous income, including in-cluding IpaymenJ; for precious metals me-tals 80,864.84 Total income for - the quarter J$7G4,158.65 |
