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
Precious metal coinage. Other precious metals include the platinum group metals: ruthenium, rhodium, palladium, osmium, iridium, and platinum, of which platinum is the most widely traded. The demand for precious metals is driven not only by their practical use but also by their role as investments and a store of value. Historically, precious metals have commanded much higher prices than common industrial metals. A metal is deemed to be "precious" if it is rare. The discovery of new sources of ore or improvements in mining or refining processes may cause the value of a precious metal to diminish. The status of a