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Show OIL & MINING JOURNAL Page 6 April 14, 1969 Provo discovers what it missed When red smoke PROVO began to pour out of the tall smoke stacks at Geneva Works, Utah Valley residents were able to see what they had been going without in air pollutants for several years. For some 40 hours, a general overhaul and improvement of air pollution control units at the open hearth required shutdown of the waste gas cleaning facilities. . During that 40 hours, valley residents were able to see just how much improving results e control from the eleccombines which system, trostatic 'precipitators and wet two-stag- scrubbers.' ADVANCED SYSTEM The deaning. system is the most' advanced in the industry, lor preventing air contamination from open hearth steelmaking. and residents of the valley said, they were ready to believe it after seeing how it used to be. While the crews had the equipment down for cleaning, they initiated several refinements including installation of mixing chambers in a common collector main. This improvement is expected to insure uniform handling or waste gases for improved efficiency of existing units. At the same time, the crews carried out other repair and maintenance on electrostatic precipitators and water sys- tems. The large crew of inaimain-er- s worked around the clock period to during the the project and recomplete turn the facilities to full operation as early as possible, 40-ho- ur INSTALLED IN 1956 The electrostatic precipitators were installed in 19515 in an effort to decrease air pollution. The addition of wet scrubbing units in 1962 rendered the stacks obsolete and idle under normal conditions. operation Thick, black smoke belches from steel furnaces an ugly reminder of the bad oldLdays. Uranium industry must rush to meet future demands NEW YORK Furnishing sufficient amounts of uranium to meet the Free World demand by 1980 will place very heavy demands on the available supply of uranium, Manhattan Banks Energy Group report The Outlook for concluded in a entitled the Chase 23-pag- e Uranium, just released. The report, a part of the Bank's continuing studies of the Free Worlds total energy requirements, focuses on the uranium supply and demand situation through 1980. Economists at the bank estimate that the Free World will of all the energy used in the Free World at that time. UNDER THE 196880 period cumulative. Free consumption of World uranium, in terms of U308 or yellowcake, will total 430,000 tons. In addition, another 760,000 tons will be required to provide a ten year reserve in relation to the 1980 demand. Some of the major conclusions of the study: Sufficient conventional reserves, producible at $10 or less per pound, have already been discovered to satisfy nearly 60 per cent of these needs. To hold the price of U308 below $10 per pound an have installed some 260 million kilowatts of nuclear generating capacity by 1980 (150 million additional 424,000 tons of kilowatts will be in the U.S.) and low-co- st reserves must be added that nuclear reactors will be to the Free World supply during producing almost seven per cent the 196870 period. This N-pla- nt assumes that U.S. restrictions on imported uranium will be relaxed and that uranium will be freely traded among nations. A heavy exploration and development drilling program for new uranium reserves now is underway in the United States. If this high drilling level is maintained, the program need be only about half as successful as those of the past to produce ample reserves to meet both U.S. requirements and a major portion of those in other areas of the Free World as well. by the over-suppl- y Price-Anderso- Given such mid-seventie- s. average prices for U308 may range between $8 and $10 per pound in of current dollars and probably closer to the former than the conditions, milling facilities. On the other hand, the heavy exploration program could prove new reserves, up large low-coand new domestic producers as ms st latter. CHICAGO BRIDGE & IRON CO. ROBERT M. PHELPS, Manager condition Phone is possible. mid-seventi- Future pride trends for uranium are very uncertain at request headed for court NEW Y ORK Consolidated MW plant, thermal effects, and, Edison's application to build a perhaps, the constitutionality of n third nuclear power plant at the Act (under Indian Point in Westchester which government and private County, N.Y., appears to be liability insurance is provided to headed for the courts. plant operators) will figure in Indications are that the the appeal to the courts. question of whether the risks exceed benefits from the 1,000 HEARINGS on the Con Ed $10 per pound to justify investment in new mining and Undoubtedly new discoveries will also be made in other countries so a potential worldwide well as foreign suppliers could be competing for sales in the U.S. market against the established uranium companies by the this point in time. Drilling and land costs are rising and some uranium mining companies argue that prices must move closer to 484-85- 5 r 550 WEST 17th SOUTH P. 0. Box 687 - Salt Lake City, Utah aMijaailELTlxiimi.i m cran:nTcm3:i n ; , 3 4 -- last week and have been recessed until April 28. Much attention at the hearing centered on whether radiation from the plant, when taken in conjuneiion with emissions from application opened A Mea Profitable ta 1 Caaipaay Oryaalwd H I 4 -- 4 NEW MEMBERS WELCOME Coatoct: PAUL J. ANftELOS Sad Lafca City, Utok irxsrrsrrrTrziTiTTttTTT.T RIVERTON, Wyo Phillip E. southeast plunge of the Wind Flanagan, president of General River Mountains. Nuclear of Wyoming, confirmed The area of the sale the sale his company made of encompasses a series of airborne approximately 11,000 acres in radioactive anomalies reported the Cyclone Ridge Area. by the AEC. Rock of Tertiary Fremont County, Wyo.. to the Age cover the surface containing Gulf Minerals Resources Co, a innerbeds of arkosic sandstones, subsidiary of Gulf Oil Co. The conglomerates and shales. area lies OTHER URANIUM interests Cyclone Ridge miles west of General Nuclear holds in this 12 approximately "The Crooks Gap mining area and area are overriding royalties on the Bison Basin oil Held on the approximately 13,000 acres conveyed to the Humble Oil Co. Uranium exploration activities have been on the increase in this part of Fremont County in the past year and are expected to accelerate during the summer months. Terms of the trade were not announced. Flanagan stated that it was a normal deal, whereby General Nuclear received a bonus payment plus an overriding royalty. r. ttttt rr m itth hit MINERAL ACTIVITY INFORMATION WEEKLY: Consolidated reports from active Wyoming counties, shows where staking and leasing is being done and who is doing it. MONTHLY: An map tivity at a glance. to each month showing mineral For more information call or writ: MINERAL ACTIVITY SERVICE (307) 234-94- 4, 4 M Help Prospectors SELL OR LEASE TMr Prapaitlas to ladivMaals ar Malar Campaaias. and 2 would Ind:jn Head constitute a health hazard. Gulf Minerals buys Wyo. claims u JOHN P. DEVER P. O. Box 801, Casper, Wyoming 8201 ac- 4 4 |