Show 1963 Quotas Liven Given Small Area Producers The Grand Junction office of the Atomic Energy commission will approve contracts in the Uravan mineral belt between operators of mills and ond Independent independent dent mining properties having allocations of less than pounds of uranium oxide per year for the delivery in calendar calendar calendar calen calen- dar year 1963 of a maximum o at f 6 thousand ald pounds pf in ore it was announced Tues Tues- day On May 25 1961 at a meeting meetIng meetIng meet- meet Ing of Independent mine operators operators operators opera opera- tors called by the uranium committee committee committee com com- of the Colorado Mining Association the Grand Junction office issued a statement descrIbing describing describing de de- de- de scribing in detail the operating and contracting procedures for allocations In the Uravan mineral mineral mineral min min- eral belt the oldest uranium uranium- producing area in the west vest Under the allocation procedures procedures procedures pro pro- when the allocations I are based on historical production production tion Jon properties are divided into two groups those groups those with a pro- pro history of more than six thousand housand pounds of oxide in ore per er year and those with less than han that amount The 1961 statement further noted that allocations In the than less pound category would be effective April 1 1 1962 and that each property unit InthIs in inthis inthis this group could contract to deliver deliver de de- de- de liver pounds from April 1 1962 through Dec 31 1962 The also stated at that time that a determination would be made as to whether a property unit in this category could continue con con- to deliver up to six thousand thousand thousand thou thou- sand pounds after Dec 31 1962 depending on whether the total tota production in this category is within the total historic production production tion rate of this producer group in the Uravan mineral belt which is thousand pounds of o per year The announcement constitutes such determination and is based on an study of production histories and expected performances performances perform perform- I ances of these small operators nl ni the old mining area the I I release stated Additional determinations determinations determinations deter deter- will be made for periods beyond calendar year 1963 as sufficient production data develops A Advance d van c e announcement of od plans for 1963 Is designed to give the producers time to project mining plans and to negotiate contracts with processIng processing processing pro pro- mills However the does not require that the producer producer producer pro pro- ducer contract for more than one year at a time |