. Newfoundland at the beginning of the 20th century : a treatise of history and development . was $9,193, to this the value of iron pyrites exported from PilleysIsland up to the close of 1893, namely, $729,451, and of otherminerals, such as lead, nickel, etc., the aggregate reached NEWFOUNDLAND. 81 $10,777,086 as the value of all minerals exported from 1864 tothe close of 1893. During the five years which elapsed sincethat date, mining has been actively prosecuted and must haveincreased the value of the total export to more than $12,-500,000. The staple mineral hitherto has been copp


. Newfoundland at the beginning of the 20th century : a treatise of history and development . was $9,193, to this the value of iron pyrites exported from PilleysIsland up to the close of 1893, namely, $729,451, and of otherminerals, such as lead, nickel, etc., the aggregate reached NEWFOUNDLAND. 81 $10,777,086 as the value of all minerals exported from 1864 tothe close of 1893. During the five years which elapsed sincethat date, mining has been actively prosecuted and must haveincreased the value of the total export to more than $12,-500,000. The staple mineral hitherto has been copper, and amongthe copper producing countries of the world, Newfoundland nowranks sixth. The demand for this mineral is likely to increasein the future and its value to advance owing to the rapiddevelopment of electricity as a motor power, copper beingessential in its various practical applications. Copper miningin the future is therefore likely to reach large extent of country over which it has been found and inwhich it may be looked for with a prospect of success according. Bay of Islands. 82 NEWFOUNDLAND.


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