IC 6773 Silver Yield From Copper Ores And The Effects Of 64.64 Cent Silver On The Value Of Copper Ores Produced In The United States ? Introduction

The recent establishment of an official price of 64.64 cents per ounce for silver by the President's order of December 21, 1933, has provoked discussion as to the effects of this move on the various metal-mining industries. To assist those of the mineral industry who are interested in this problem, the Bureau of Mines presents the following analysis of basic statistical data concerning; the relation of the silver price to the value of copper ores mined in the United States. The term "copper ore" as used herein includes all ores in which copper is the most abundant base metal paid for. In 1928, this class of ore contributed 98 percent of the total copper output of the United States.