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Show IIS MOLYBDENUM Oil A URGE SCALE Company at Climax, Colo., Has Vast Tonnage Developed. It is reasonably expected that since a steady source of supply of molybdenum now Is assured, the manufacturers of alloy al-loy will be encouraged to use tjils valuable val-uable metal in greater amounts than heretofore. Temporarily, the quantity of molybdenum ore and concentrates offered of-fered may exceed the demand, and there may be a still further drop In the price, which is about 51 as compered with the price a few weeks ago when these materials mate-rials were selling In tile eastern market for 2JU) per pound of contained molybdenum molyb-denum Milphlde. UHimatcb . the market should show more stability, and it Is hoped by the operators of molybdenite properties that the price will be at least as high as the British government's price during the war. namely, five guineas per unit, or shout tiM per pound. The outlook for wulfenite trnolybdate of lead) concentrates In the near future is more doubtful, ss there Is no encouragement encourage-ment to consumers to use the Ilmtlt-d capacity of their plai ts In treating; wulfenite, wul-fenite, or slag from wulfenite, comparatively compara-tively low in molybdenum, even If the lead contained cots them nothing, when plenty of molybdtnit much higher in molybdenum Is available. However. It is hoped that such mines as the Mammoth Mam-moth -Uollins In Arizona, which might supply a large quantity of wulfenite concentrate con-centrate if there w.-re a better market, may be benefited ultimately by a greater I use of molybdenum. I The development of the i roperty of the Climax MolylKlenum company. At (.Umax, Hummll county, i 'dorado, has set a new sfundard of comparison for molybdenite mines In the United Slates Inste.d of the common type of rather pmall deposit, opemiil precariously as an irregular mi.rket for molybdenum products may allow, al-low, the Climax has several million tons of tommercial ore developed, and .n excellent ex-cellent mill already treating nl-out 2T0 tons per day, which is to be enlarged In the near future as the demand for moljbdfhlte Increases. The Climax mine Is on Bartlett mountain, on the Continental Con-tinental Divide, about fifteen miles northeast north-east of Ieadvllle, 1 'olonulo. The elevation of Climax station, on a narrow gauge branch of the Colorado At Southern, railroad, dose to which Is the mill. Is 11.303 fet above the at. The mine is ahvut a mile farther east, and the two principal tunnrls are at an elevation ele-vation of about 12.l0 and LUfOQ teel. respectively. Operating conditions In this mountalnuus country are difficult, owing to large amount! of snow during the gre:itr part of the year. However, the mill, the wire-rope tramway between the mine and the milt, and several buildings were erected during the past winter. The operators deserve great credit for accomplishing ac-complishing SO much in so short a time, and under such trying climatic conditions. condi-tions. The purchase of the property, development, de-velopment, and rcctlon of plant, have called for an expenditure pi al-out $600,-nuO. $600,-nuO. The molybdenite ore bodies occur In two hills, of alasklte -granite, northwest and southeast of the gulch. Only the northwest hill has so far been developed tfi uny extent. The developed ruthe in on the original five claims, each 1 r0 by InOO test, Of) ttlS northwest hill. The Molyb-driitjm Molyb-driitjm 1 YodUCtS company also hs.s one developed claim. 1 TiO by 1500 feet, on the hOrtnTTtSl hill. Various parties. Including the Climax company, have claims on the loutheasl hill. BSxcorpl froth artiole by U y S Holland In Mining and Scientific 1'ress. |