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As the Depression wound onward, copper prices rebounded, and the mine and mills were refurbished in late 1937 and re-opened on a limited scale in early 1938. [23] However, the mine was only barely profitable, and after World War II ended, and with it the price guarantees from the federal government, the mine and stamp mills closed permanently. [24]
The Copper Beech Farm, formerly the Lauder Greenway Estate, is a 50-acre (20 ha) private property with a French Renaissance mansion in Greenwich, Connecticut. For a time, it was the most expensive home in the history of the United States.
The mine was only four miles north of the port and shipped copper and later arsenic via the quay for a period of almost 60 years beginning in 1844. [2] [3] Morwellham became known as the "richest Copper port in Queen Victoria's Empire", [4] and the queen herself visited in 1856. Another inclined plane was built to transport the ore down the ...
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The Parys mine had recently begun large-scale production and had glutted the British market with cheap copper; however, the 14 tons of metal required to copper a 74-gun third-rate ship of the line still cost £1,500, [12] compared to £262 for wood. The benefits of increased speed and time at sea were deemed to justify the costs involved.
At low copper prices, the value of the gold well exceeded that of the royalty. Even at high copper prices, the value of the gold contributed a significant amount of the royalty payment. When the buoyant copper price reached £72 per ton in 1898, [55] the royalty calculation was a massive £14 4s. per ton. However, at that copper price, the mine ...
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Aside from processing copper from the Quincy Mine, the smelter also did business with the Franklin, Adventure, Allouez, and Centennial mines. [8] As a result of low copper prices and the onset of the Great Depression, the Quincy Mining Company ceased operations on September 22, 1931. [9] The company boarded up facilities including the smelter. [10]