Operating Cost Lowered

Media

Part of The Marsman Magazine

Title
Operating Cost Lowered
Language
English
Source
The Marsman Magazine Volume II (No. II) May 1938
Year
1938
Rights
In Copyright - Educational Use Permitted
Fulltext
OPERATING COSTS LOWERED During 1st Quarter of 1938 A substantial decrease in operating costs featured operations at the Marsman lode properties during the first quarter of 1938. This decrease is shown in the table below Mine disbursement includes total expenses at mine & mill, plus capital development. Capital development plus operating expenses includes all expenses except capital investments. Mine Capital All Disbursement Development Operating ITOGON plus oper. exp. Expense 1937 Pl3.47 p 9.55 p 7.10 1st. quart. 10.60 9.04 6.39 1938 April 1938 8.60 8.18 6.40 SAN MAURICIO 1937 P24.51 16.56 9.53 1st. quart. 21.75 13.32 9.27 1938 April 1938 12.24 11.96 8.75 UNITED PARA CALE 1937 P14.57 {10.94 13.10 a { 7.40 8.87 a 1st. quart. 15.37 13.42 8.70 1938 April 1938 12.28 11.54 8.33 SUYOC CONSOLIDATED 1937 P14.44 { 12.39 12.84 b ~ 10.33 Ll0.90 b 1st. quart. 14.30 12.88 10.72 1938 April 1938 12.70 12.32 10.44 a For second half of 1937; cost higher because mill converted to all-sulphide, the oxide deposit having been exhausted. b Second half of 1937: Cost higher because of selective mining adopted. 4 THE MARSMAN MAGAZINE for May, 1938