Walker Mining Co. - Arizona Mining Stock Certificate
Inv# MS1280 Stock
Stock with nice mining vignette at top center. Please specify color.
Copper mining in Arizona, a state of the United States, has been a major industry since the 19th century. In 2007 Arizona was the leading copper-producing state in the US, producing 750 thousand metric tons of copper, valued at $5.54 billion. Arizona's copper production was 60% of the total for the United States. Copper mining also produces gold and silver as byproducts. Byproduct molybdenum from copper mining makes Arizona the nation's second-largest producer of that metal. Although copper mineralization was found by the earliest Spanish explorers of Arizona, the territory was remote, and copper could seldom be profitably mined and shipped. Early Spanish, Mexican, and American prospectors searched for gold and silver (see Silver mining in Arizona), and ignored copper. It was not until the completion of the Southern Pacific Railroad in 1876 that copper became broadly economic to mine and ship to market.
All copper mining was done by underground methods until the early 20th century. After the Bingham Canyon mine in Utah successfully mined a large low-grade copper deposit from a large open pit, the same technique was applied to Arizona's porphyry copper deposits. Arizona's first open pit copper mine opened at Ajo in 1917.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
Ebay ID: labarre_galleries