Show production U doubles every 18 months domestic uranium ore production hag has doubled every 18 mont monis montt t say news reports the colorado plateau alone now has more than producers reducers shipping uranium ore more than persons are employed in the industry about 1600 of them in uranium processing plants the atomic energy commission is drilling exploratory plora holes at the rate of feet yearly private enterprise is doubling this figure bonuses for initial and other production total more than and properties have been certified as eligible for bonus payments this record says a leading trade journal represents only the beginning of the biggest boom in the history of american mining it adds many deposits both small and large have been found on the colorado plateau but most experienced men in the area confidently fi expect that deposits comparable in size and grade will continue to be discovered at the present fantastic rate for a number of years sales never will be a problem for producers of uranium writes a large eastern brokerage bouse house the federal gov government emment guarantees to buy all uranium produced until 1962 in our opinion regardless of whether this guarantee is extended an assured market for uranium will exist forever assured by world demand for atomic fuel to heat beat houses propel ships run railroads improve food preservation r eser generate electricity electricity tor for ever growing population and further farther the benefits of oi medical science many methods are used la in the gigantic search for oil it Is i estimated that the oil industry spent between and for geophysical work alone in one year the three principal geophysical methods of oil finding arc are a seismic isaic gravini gravimetric etrie and mag betic |