OCR Text |
Show Ohio Copper's Greatest Quarter Figures recently submitted by General Manager Samuel Kel-lock'of Kel-lock'of the Ohio Copper company to the directors show that the first quarter of 1924 was the most successful one in the history his-tory of the company. A total of 2,393,575 net pounds of copper cop-per were derived from the company's com-pany's leaching in place operations. opera-tions. ,.' ' '; Average per pound operating cost was 6.21 cents, which in itself it-self is a record. Profit from operations op-erations for the quarter, according accord-ing to Mr. Kellock's statement was $155,670.10. During the quarter, a total of 153,252,000 gallons of water was pumped to the slopes of the company's property at Bingham and distributed. This water carried in solution 2,611,793 lbs-of lbs-of copper. -'' . Of this total, 2,532,106 pounds were Recovered and 79.687 lbs. lost in the tails, making a recovery recov-ery of 95-83 per cent for the quarter. Precipitates produced aggregated 3,847,660 pounds, of which 1,077,098 pounds was moisture. ; Precipitates carried 91.39 per cent copper. Average price received . for copper was 12.718 cents a pound which left a profit of 6.508 cents after deducting the operating cost of 6.21 cents. |