Copper mining in the United States the northwest part of the state in the early 1850s, and mining began in 1855. The ore is massive sulfide and disseminated ore in mica schist and gneiss, and amphibole schist and gneiss. The principal ore mineral is chalcopyrite, which occurs with pyrrhotite and pyrite, The mine operated until 1883, then worked sporadically until large-scale mining began in 1957. The mine closed for good in 1962. Total production was 31,000 tonnes of copper, 9,400 ounces of gold, and 145,000 ounces of silver. Copper was mined at Creta from 1965 to about 1975. The ore 2% to 4.5% copper as chalcocite
Iron ore addition to swaps. The CME group has been the venue most utilised for clearing of options written against TSI, with open interest at over 12,000 lots in August 2012. Singapore Mercantile Exchange (SMX) has launched the world first global iron ore futures contract, based on the Metal Bulletin Iron Ore Index (MBIOI) which utilizes daily price data from a broad spectrum of industry participants and independent Chinese steel consultancy and data provider Shanghai Steelhome's widespread contact base of steel producers and iron ore traders across China. The futures contract has seen monthly volumes over 1.5 million tonnes after eight months