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Show raE Th SAtUUAflRECQftD, Wednesday. Mareh.7,, 1990,- - Pe.5,. Umetco goes on standby, 105 laid off in Blanding People of Rural Ufah and Utah Energy Coalition would like to Thank. . . One hundred and five workers at the White Mesa Mill south of Blanding were furloughed last week and the mill is on standby status. The layoffs came after announcement by Umetco Minerals Corporation of a temporary cessation of its uranium and vanadium mining and milling activities in western Colorado and eastern Utah. The cessation resulted in 225 layoffs total. Curtailment of mining at the Sunday, La Sal, King Solomon, Deremo and Silverbell mines resulted in 120 layoffs. The White Mesa Mill in Blanding was placed on standby and 105 Xv employees furloughed. Earl W. Shortridge, director of operations, said the cutback will leave a small crew to maintain the mining and for his Efforts and Support of House Bill 1 10. A job well done Bringing Tax Relief to the . Oil Producing Industry in this Great State of Utah, thus Providing Additional Employment to Rural Utahns. prices. . fri f i - milling facilities on a standby basis. Paul K. Willmott, president of Umetco, said the layoff is the result of a continued worsening uranium market, together with a weakening in vanadium V r K t , r - The recent entry into the market of several million pounds of uranium from the Federal Republic of Germanys stockpile has resulted in spot market prices falling to $8.85 per pound, the lowest price Willmott said. When ever, West Germany purchased the uranium from the United , States government in 1972, it was to help offset balance of payment problems. It was never intended to be sold in thie private market. Last year, the Department of Energy reassured our industry that they would never approve the sale. Willmott noted that the plight of the domestic uranium industry is directly related to DOE actions and inaction. The DOE has a- - specific mandate to. maintain the liability of the domestic J uranium Willmott said. Since 1980, they, have initiated policies to benefit UTAH ENERGY COALITION industry, their uranium enrichment program at our industrys expense. This is despite the Duchesne County Uintah County Summit Count . San Juan County Dan's Tire, Linmar Petroleum Held By Production Ute Indian Tribe Utah Royalty Owners Assoc. Quinex Energy Corp. Coors Energy Flying J. Corp. Western Roosevelt Area Chamber of Commerce Vernal Chamber of Commerce Services Pennzoil Roosevelt Steven J. Terry Morning Star Mud Coastal States Management Applied Drilling Services , Gale's Office Supply Oil Well -- ! " Uintah Basin Standard KNEU - Radio ' . - Radio . Badger Oil Co. Tri-Pipe & Supply KVEL- W D&M Oilfield Boren Electric fact the Secretary of Energy has concluded since 1983 the industry has been nonviable. Faith of God Assembly 406 W. Center, Blanding Sunday School Morning Worship Evening Praise Service Thursday Bible Study 678-33-5 9:45 a.m. 10:45 a.m. 6:00 p.m. 7:00 p.m. if tut if ym mMt Jmim Christ fargat Him, you hava 1m everytkmg Larry Moore, Pastor i :$!.. 1887 |