Mining Engineering Reporter
- Organization:
- The American Institute of Mining, Metallurgical, and Petroleum Engineers
- Pages:
- 1
- File Size:
- 76 KB
- Publication Date:
- Jan 2, 1953
Abstract
Mining headlines in 1952 dealt mainly with expansion as the industry aimed for an ever increasing production to meet the nation's needs. Huge sums were expended for equipment, research, and development. Headlines told part of the story. Negotiations between San Manuel Copper Co. and the RFC finally resolved in a $94 million loan for the development of low grade Arizona ores. Magma Copper, parent firm was to supply an additional 8 million. Kennecott Copper Co., deepening its Deep Ruth Shaft of its Ruth, Neyy mine, announced that the shaft would be in full production in 1953.
Citation
APA: (1953) Mining Engineering Reporter
MLA: Mining Engineering Reporter. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1953.