Last week the William Lawrence Saunders gold medal for distinguished service in mining* was awarded to James MacNaughton, president and general manager of Calumet & Hecla Consolidated Copper Co. of Michigan. Presentation was made by President Cornelius Francis Kelley of huge Anaconda Copper (no corporate kin to Calumet & Hecla) at the annual dinner of the American Institute of Mining & Metallurgical Engineers, convened in Manhattan to discuss mines, metals, men & methods.
Mr. MacNaughton's achievement was to mine at a profit 3,000,000 tons annually of low-grade ore, averaging less than 1% copper,...
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