"In the parish
of St Cleer near Liskeard was originally searched for tin, and when the
lode was first discovered in Caradon Hill, and found to contain a quantity
of gossan, it was considered
so favourable to the existence of tin, that it was with difficulty a company
was formed to work it; but the messrs. Clymo who has obtained the sett,
persevered and three rich copper lodes were soon opened,. The original
outlay to the adventures before the mine made returns in August 1837 was
only £327 8s 5d and from that time to the 31st March 1840 they sold
copper ores to the amount of £15,635 10s 7d., paid all costs for
machinery, including two steam engines and a whim; from that time to November,
1842 they have divided, altogether, a profit of £19,168 and are now
receiving at the rate of £10,000 a year, with every prospect of greatly
increasing the returns. Some mine agents have asserted that there is £150,000
worth of ore discovered in this mine; but be that as it may, the
prospects are exceedingly brilliant, and not surpassed by any other mine
in Cornwall. A great part of the workings are in
Caradon Hill, which is 1,298 feet high. The monthly cost of working is about
£18600 " |
This
report was written at a time when the mine was growing, but in a period
when the mines in the West of Cornwall had started to suffer. It had only
been seven years since the Clymo's had discovered the copper and yet the
figures being stated in this report are huge. It is no wonder the mine
was being described in such superlatives as "exceedingly brilliant".
|