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Show Wwtem Aporinna 'OM C.lRCUtAThHa - WN" -- i,:X r- - ' ... ' ! Ui fc .. " ..; ,''..'?! - " -' .H ''5 j ,"v . .... ' - - Jv 'V ' ", ", s,.. - w- - 31970 tBSRlALS ORDER DtPT. ir,v y. if.ARlfcS MAR ; (j? 'S'?'. i'Y OF UTAH - i?w - iv r- ' V , S 4-- O 3p-;- 1. :U X; l:: fi I .k s :3 L ' t Y':'Y '"'.fY If"' ' I 'f r ' iir,l'MMfcif' 1 Afcaiifaadti VOL. 1 - , I .A '. v'V r 'i ' .'. VvM'V-:- v- ." -v''! - iAmmA. k.jw a no. so -- ' . u,A " ;' "' 5 Vf .' ""? t 1 ' f:' :''. v Su,:l "Y Y V , n Y:VY-Mr.U-- vp t' . - tm FEBRUARY 23. 1970 ' :' . . ::P'r ''" ' M ! in' v! r &.:.-- i , f : .1 &-- ' w r ihJogia ia '" '1 ,Jti 25 Cents per Copy New AIME chief urges war anti-polluti- on DENVER Members of the American Institute of Mining, Metallurgical and Petroleum Engineers (AIME) were asked to declare war on pollution that is last menacing mankind Wednesday by newly-electe- d AIME president John C. Kinnear Jr. Mr. Kinnear, vice president, operations, metal mining division, Corp., Kennecott Copper in calling on his colleagues to join in the fight against p ollution, said, We . cannot excuse our own performance. Extractive industries do pollute the air and water and add to the desecration of the landscape. I believe the He added, answer lies in improved technology. This will require a large infusion of new scientists and engineers. But young men will join us only if they are convinced that our purpose is strong. Kinnear said that Mr. pollution is not the problem of industry alone, but concerns everyone. solution will The have to be found by the whole nation, not just by industry. It will take a cooperative effort, and also time, to remedy the situation. Our goal, he said, must be to enhance the material well-bein- g of human society and at the same time to preserve the legacy of its environment. In creating pollution, said Mr. Kinnear, the mineral industry is by no means the only culprit. Other enterprises are monumental offenders. (Continued on Page 2) Market analysts predict $2.75 silver DENVER The price of silver is going up, and may hit a high of $2.75 by the end of 1970, according to predictions of Nicholas Davis, market analyst for Andresen & Co. of New York, a silver expert, and Paul Jeanty, executive director of Samuel Montague Co. Ltd. of London, one of the worlds most eminent bullion and investment bankers. The experts predicted that as $5 an ounce in the next few years. Such speculation is advanced because the U.S. Treasury will soon go out of the silver business and the demand of approximately 140 million ounces a year cannot be met by the 42 million ounces mining companies have been producing and the 14 million ounces obtained in other ways. West Germany is now minting gold will probably remain pegged at $35 an ounce at least for the next two years. Speaking at the 73rd National 40 million new Western Mining Conference here, Mr. Davis said some analysts are predicting a silver price as high the same by minting 160 million silver dollars a year. In regard to gold, Jeanty said 10-ma- rk coins to in restore public confidence German currency, Davis pointed out. He suggested the U.S. do that increased amounts of the precious metal will be required for jewelry and other purposes which will eventually force the price to climb where it may reach $50 to $70 an ounce by the end of the decade. However, he said, the Soviet Union and South Africa are expected to put large amounts of gold into the international market in 1970. This, along with high interest rates and a diminished degree of speculation should keep gold prices down for the next two years at least, he said. '.Both speakers emphasized their predictions are subject to social, political, economic and other factors. Michigan solon urges mineral policy DENVER To divert a national disaster we must adopt a unified minerals policy, end the manpower shortage in the industry and come to grips with the pollution issue, Rep. Philip E. Ruppe, members of the told h., AIME here last resources and technology under an enormous strain that could lead to a complete breakdown of our mining and minerals capability. In the face of minerals a declining technology, Ruppe we can no longer afford Wednesday. said, exploding population and expanding consumer demand scattered government action in place of an intelligent minerals Rep. Ruppe said the - have placed our mineral laissez-fair- e concepts and policy. ' The congressman said he is working in the House Interior Committee for adoption of the Administration-backe- d National Mineral and Mining Policy legislation which would unify government action and to coordinate private activity strengthen thefor'domestic national industry, provide (Continued on Page 2) Mining association opposes bill BOISE, Idaho A bill pending in the Idaho legislature that would regulate professional geologists is strongly opposed by the Northwest Mining Assn. Hie bill goes beyond the intent of the Committee on Industry, Labor and Economic Development to protect the public from malpractice by geologists and would severely . encumber the freedom of has not been exploration of given critical review geologists in by a broad spectrum of the stated John H. geologic profession it would Idaho, LaGrange, vice president of the affect. In a letter to John C. asssociation. Andreason, Boise, chairman of the the that associations committee considering the Noting membership includes a broad bill, he said the Spokane-base- d n of the geological association would be pleased to profession employed in Idahos offer specific suggestions for an mining industry, he said the act acceptable licensing act. cross-sectio- CONCERN OVER QUALITY OF ENVIRONMENT is the issue of the 70s, and mining men have been urged to enter forefront of the battle to preserve and improve our environment. In addition, mining methods are being used to reverse the process of junk piles such as this, return minerals for reuse. |