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Show . j A ft.. ' $& 1 xfcW' " VJJ"JDM'-4T. ' " a5- ;.. ?& v 4. 2 - i v,m . "K . ; v: Sl t& ; -: i :J ' fy ' ;. j' &&&$ 'Jm'Jp mxnnt; KrAl . '7 "Jcr fletoi ' - 'A- &:r j? jusi 4'.?' V ws 'ftjSrfs5 - 's 7' ," Important Sulfur Supply based on study of records and interviews and correspondence with mine and operators in the 522,600 square mile area. In Utah sulphide ore3, notably in the Bingham district, and impounded in tailings ponds are Utahs largest known sulphur reserves; the Cove Creek beds contain its largest and best known native sulphur ore deposits. Oil produced in the state is not a potential source of sulphur, nor, so far as known, are salt domes in the southeastern part of the state. Five Rocky Mountain States Wyoming, Colorado, Utah, New Mexico and Arizona are potentially important contributors to the Nations sulfur supply, even though their present production is relatively small, according to a Bureau of Mines report released today by the Department of the Interior. Sulfur is one of the most widely used chemical elements, Bureau Director Marling J. Ankeny said, with more than five million long tons being consumed in the United States every year. In the form of sulphuric acid and other compounds, it is used in producing commodities ranging from fertilizer and paper to steel. At present, Ankeny said, most of the Nations supply comes from deposits of native sulfur mined by the economical Frasch process. This involves injecting superheated water into a deposit to melt the sulphur, forcing the molten sulphur to the surface, and then cooling, and storing it. oil-fiel- ,," ,: ,wC'A Salt Lake City, Utah, Friday, March Western States Potential d py-rit- e v vSJTj ftsN ' - gc V 14 10 15, 1957 Firm Will Nicf anama Go (ids Oil, PfoperM n U. S. ft MinLOS ANGEl2&-Cafci- ft Com-pani- a and JJfork, ing Gorp."p PetfttrfifeifcydeJ? Chorcha, S.A., of Panama, announced the signing. of an Agreement in this city today providing for the exploration, development and exploitation by Cataract of 52,000 acres of oil and gas leases in the Province of Chiriqui, in the Republic of Panama, where recently indications of the presence of oil have been found. The exploration effort on the Chorcha property as well as adjoining properties in Chiriqui is expected to immediately involve to 3u to $1,000,000. Sale of seven WELLS, Nev. mining claims on Dry Creek, 50 miles north of Wells, to the American Colloid Co. of Chicago, was announced in Wells this week by the partner-owner- . They are Mr. and Mrs. Herb Butler of Dry Creek ranch and Mr. and Mrs. Martin Saunders of Elko. Three additional .claims are reportedly being held by the partners until the outcome of furbarite known sulphur deposits minable by the Frasch process, the report States. They do, however, contain large quantities of pyrites, sulfide ores of base metalsand high sulphur petroleum and natural gas, all of which are currently or potentially important sources of sulphur. In addition, each of the states has small deposits of sulphur ore at or near the surface and minable by open-pi- t methods. Occasionally, some of these are mined on a small scale, the products being used principally as a soil conditioner. F. L. Wideman, Bureau mining engineer at Salt Lake City, wrote the report. One of a series on the Nations mineral resources, it is - ther exploration work planned for next summer. The property known as the Jungo claims, brought its locators $35,000. Mr. Butler, operator of a small ranch on Dry Creek and a professional hunting guide during the deer season, said the claims were discovered by accident. He and his father-in-law- , Mr. Saunders, were out spotting likely sites for deer camps nearly two years ago when they ran onto d some of the grayish rock that proved to be parite, which refines into borium sulphate. Though barite is not one of the higher priced metals, its use is constantly increasing, Mr. Butler says. It is used in phases of paint, fertilizer and insulation manufacture, as an aid in some medical diagnoses. More recently it has been discovered that barite may provide a better shield than lead against atomic radiation. fine-graine- Kennecott Reorganizes Labor Force McGILL, NEV. Approximately 150 persons have been cut from the work force of the Nevada Mines Division of Kennecott Copper Corp. as result of Tecent reorganizations aimed at reduction of costs, J. C. Kinnear Jr., division After the owners had completed location work, the preliminary week. Colloid American Co. took an opMr. Kinnear said present plans on the claims for $1,000, betion call for the operations at mines 1956 and ending near Ruth and the reduction cen- ginning July 1957. March 1, ter at McGill, both in White Pine County, to continue on a seven-daweek basis. Symposium Slated However, these plans are subject to revision as copper demand 'Several hundred miners and and market prices fluctuate, the geologists are expected to attend executive said. the important second annual uraThose affected by the work nium symposium of the Moab Secforce reduction included both day-pa- tion of the American Institute of and supervisory employes. Mining, Metallurgical and PetrolSome 2,200 persons were on Ne- eum Engineers, it was announced vada Con payrolls before the this week by Robert R. Mates, section chairman. The sessions will changes were put into effect. be held in Moab April 5 to 7. Mr. Kinnear said the reorganAmong principal speakers will ization studies were continuing, Alan Jones, manager of the be so as to insure that the properJunction Operations Office Grand the ties remain competitive in Atomic Energy Commisthe of copper face of the Grand sion, Junction, Colo. market. general manager, announced this y - y g f United SANTA FE, N.M. Western Minerals Company, with head offices in Santa Fe, today announced that three men had been added to their field staff. Gene K. Ealy, of Grants, New Mexico, was employed as director of engineering and geology for the rapidly, growing company, Bobby Gnene Donegan, Albuqur-que- , New Mexico, was employed as a staff geologist. The third addition is Tom Thom, who comes to United Western from Chapman & Wood, Albuquerque. Ealy, a graduate of the Ohio State University with a BS in Geology, has had wide experience in the Grants and Ambrosia Lake areas where major holdings of the company lie. After three years with Anaconda Copper Company, at Butte, Mont., Ealy was emv ployed by the Atomic Energy Commission as project geologist at Grants. He later became area geologist for the south side of the San Juan Basin for AEC and in this capacity published two widely read technical papers, Occurrence of Uranium in Tod-ilt- o Limestone, Grants, New Mexico, and Uranium Mineralization at Ambrosia Lake. He came to United Western Suspension Noted The San Francisco Mining Exchange today announced the suspension of trading in the shares of two companies listed on the exchange, effective immediately. The two companies suspended are Eureka Company and Operator Consolidated. George Flach, president of the exchange where shares of natural resource companies were traded in January, said todays suspension stemmed from a decision of the exchanges governing board. He said the board decided to suspend trading in the shares of Eureka and Operator until the companies furnish the exchange 00 Cents lining Firm Shows perational Profit ial Nickle Co. ings were equivalent to $6.50 per 1956 achieved share of common stock, compared warnings and ore with $6.14 per share in 1955. An launched a ma important factor contributing to Manitoba for the the increase in earnings was the in jor project what is of expected higher average price realized for development to become the worlds second copper in 1956 over that of the The of Cf new production, n largest nickle mining operation, according to the annual report signed by John F. Thompson, chairman of the board, and Henry S. Wingate, president. The report was mailed to shareholders this week. Net earnings of the company and its subsidiaries for the year ended Dec. 31, 1956 were $96,296, 000, an increase of $4,730,000 over 1955 the previous peak year. After preferred dividends, these earn- - Nevada Barite Claims Sold To United Western Minerals Chicago Firm Adds 3 Experts To Its Staff Wyoming, Colorado, Utah, New Mexico and Arizona have no down-trendin- ?& - - fyhitficahce in Tke Oil and lH ctf IftcAt VoL 28; No. 3 v if -a" from the Colamer Corporation where he has been supervisor of exploration. During World War II he served 26 months with the United States Navy. He was recalled during the Korean conflict and served in that campaign for 14 months. He holds an honorable discharge from the United States Navy. Donegan, who will serve as a Staff geologist for United Western . previous year. Disclosing that capital expenditures in 1957 may reach $50,000,-00the report stated that work has already begun on the Manitoba nickel mining project. During the current year, the schedule calls for completion of a SOmile branch line of the Canadian National Railroad, commencement company-owne- d of a rail line, sinking of production and development shafts at the sites of the two new mines Thompson and Moak Lake and beginning of work on roads and foundations for permanent structures. The project together with the continued progress at Sudbury will give International Nickel an annual nickel production capacity by 1961 of 385.000.- 000 pounds. This is some 100.000.- 000 pounds more than the companys total 1956 nickel deliveries. International Nickels facilities for producing primary metals were operated in 1956 to the limit of capacity for the seventh successive year. Total ore mined amounted to 15,511,000 tons, compared with 14,248,000 tons in 1955. 0, 22-mi- le is a graduate of the University of Texas, where he majored in geology. He is also a former Navy man. New Procedure For Prospecting Permits Noted Tom Thorn, formerly with Chapman & Wood, is a Mining Engineer, geologist and licensed surveyor. He has had mining experience in South America and United States, and has managed The Atomic Energy Commission highly successful properties on and the Department of Interior both continents. announced recently a cooperative arrangement for the Issuance of D&RGW Tells Of Excellent Rail Business Shipments of uranium ore into Salt Lake City and of Utah coal to Japan 'have made Salt Lake and other Utah sections prime contributors to the excellent business Denver and Rio Grande Western Railroad Co. is enjoying. That is the (report of G. B. Aydelot, D&RGW president, who was a Salt Lake Visitor this week. Weve been very pleased with our business outlook, and with Utahs contribution to our gross Mr. Aydelot stated. business, Shipments of coal to Japan from Helper and Sunnyside (Carbon County) have kept our rails clean. Vitro Uranium and Union Carbide shipments of uranium ore into Salt Lake City for processing also have contributed strongly to our economy. He said there was no shortage as yet of rolling stock, but it has to be kept moving. uranium prospecting permits and mining leases on government lands under the jurisdiction of other federal agencies not having authority to issue such permits and leases. The Department of Interiors Bureau of Land Management will assist the Atomic Energy Commission in administering the new procedure under a regulation issued by the Atomic Energy Commission. Affected by this regulation are lands located in various sections of the United States, such as mili- tary reservations and reservoir areas. Not affected by this regu- lation are public lands open to mineral entry under the mining laws and lands under Atomic Energy Commission control subject to lease under a regulation issued in 1956. Permits and leases will not be issued under this regulation for lands administered by the United States for national parks, monuments or for wildlife pur- poses. The Bureau of Land Management will receive and process applications on behalf of the Commission, and the oCmmission will approve and issue permits and leases. In reviewing applications We havent had to turn down consideration will be given to the with the additional information considered necessary for an eval- any business, but the supply of responsibilities and functions of uation by investors of the normal ore cars is tight and we have to government agencies having adbusiness prospects of two com keep close check on it, Mr. Ay- ministrative control over the delot said. lands. panies. |
