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Foreign News March 19, 1850

Oxford Democrat

Paris, South Paris, Oxford County, Maine

What is this article about?

The Guanajuato mining district in Mexico produced record silver and gold yields last year, with over 12 million in silver coined by December. The Conde family owns major shares yielding $17,000 monthly each. The La Luz mine is under litigation involving Mr. Mackintosh's claim.

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OCR Quality

95% Excellent

Full Text

Mexican Mines - The celebrated mining district of Guanajuato has yielded more during the last year than at any other time - There had been coined up to December last, upwards of twelve millions in silver, and about $700,000 in gold. The annual receipts at the mint of Santa Lucia have been $2,000,000 from the sale of ores. It is owned mainly by the Conde family, and each party, for some length of time, averaged $17,000 per month as his share of the profits. The next in importance is the celebrated La Luz mine owned by several companies, but lately under litigation, wherein Mr. Mackintosh claimed the whole.

What sub-type of article is it?

Economic

What keywords are associated?

Guanajuato Mines Silver Production Gold Mining Conde Family La Luz Mine Mining Litigation

What entities or persons were involved?

Conde Family Mr. Mackintosh

Where did it happen?

Guanajuato, Mexico

Foreign News Details

Primary Location

Guanajuato, Mexico

Event Date

Up To December Last

Key Persons

Conde Family Mr. Mackintosh

Outcome

coined upwards of twelve millions in silver and $700,000 in gold; annual mint receipts $2,000,000; conde family shares averaged $17,000 per month; la luz mine under litigation with mr. mackintosh claiming the whole.

Event Details

The Guanajuato mining district yielded record amounts last year, with significant silver and gold production. The main mine is owned by the Conde family, providing substantial monthly profits. The La Luz mine, owned by multiple companies, is involved in recent litigation where Mr. Mackintosh claims full ownership.

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