IC 8325 Evaluation Of Domestic Reserves And Potential Sources Of Ores Containing Copper, Lead, Zinc, And Associated Metals

This report summarizes the results of a nationwide investigation completed in 1964 to determine the nonferrous base metal ore reserves and potential sources of ore and to evaluate criteria for their ultimate exploitation. Engineers of the Bureau of Mines contacted mining company officials, reviewed reports and Government records, and where necessary made personal appraisals in arriving at the results. The estimates are presented by metals in ores in geographic regions and include some of the problems affecting the reserves and potential sources. The recoverable metal in the measured ore category and in the total ore reserves was estimated as follows: [ ] At the 1963 rate of domestic mine production these total reserves would be adequate to provide copper for 62 years, lead for 121 years, and zinc for 42 years. Data also are given for gold, silver, and other coproducts. Reserve estimates greatly exceed those of previous investigations; some prior estimates of copper reserves are included for comparison (table 23). Projections of requirements for base metals indicated the United States will need approximately 45 percent more copper in 1970 and 110 percent more by 1980 than was consumed in 1960; similar projections for lead indicate increases of 20 percent by 1970 and 45 percent by 1980; zinc projections are 40 percent more by 1970 and 90 percent by 1980. Much of the production of gold and silver is a coproduct of base metals recovery and the projected need for the precious metals exceeds all the United States can produce. Some problems of the industry are mentioned. A graphic evaluation of the economic availability of the reserve and potential sources is shown.