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Show ,' METAL PRICES : ! . Gold (per oz.) -.-.$34.9125 Copper....; w: 19.5c Zinc (per lb.) 1 Features Alining, Oil, Financial Salt Lake City, January VOL. 23, NO. 4 25? One Year $250 1952 Manganese Work Starts Near Kanab New Roads To Uranium Area Assured The King Manganese Corporation, incorporated in toe state The proposed road from Moab to the Big Flat by way; Atomic Energy Compnission providing 75 per cent and Grand County 25 per cent of the funds, was assured when tentative agreement was entered into between the Bureau of Public Roads and AEC engineers and the county commissioners. The new road, which leaves highway US 160 ten miles west of Moab and proceeds up Seven-Mil-e Wash, will provide a direct access route to vast uranium deposits that have been discovered in the Big Flat area. The new road will also provide a short-cfrom Moab to Dead Horse Point, effecting a saving of 25 miles in distance from Moab to the famed scenic Moab, Utah short-c- ut of Delaware, and domesticated to do business in toe states of Utah and Texas, has commenced a manganese mining operation in Kane County, Utah. General offices of toe corporation are located at 817 Citizens State Bank Building, in Houston, Tex. All operations in Utah are presently handled out o? toe companys office located in the Watson-Bybe- e Building in Kanab, Utah. Officers of the corporation are Keith R. Beeman, Houston, Tex, president; Van D. Bennett, Kanab Utah, vice president and manager of Utah operations; Guy B. Goodwin, Washington, D. C., vice president; Maynard P. Jones, Houston, Tex., treasurer; I. J. Houston, Tex., sec- , . ut attraction. , Total cost of the project will be $45,000 or $50,000. Eight miles of new road construction up Canyon will be built, Seven-Mil- e connecting with eight miles recently built by toe Glen M. Ruby oil interests. This latter stretch will be improved and surfaced. The Seven-Mil- e road will be an improved highway, with gravel surface: Considerablr rode work will be encountered in climbing out of toe canyon to toe Big Flat. Not only will, toe new road provide a direct route into the uranium district lying between the Colorado and Green rivers, but it will open up one of toe most remarkable scenic areas in toe west. Sac-coman- Mill Will Be Moved To Ely n custom mill for conA centration! of tungsten ores will be established at Lackawanna, oq the outskirts of Ely, within toe next few months, as a result of negotiations concluded by the custom mill committee of the White Pine Chamber of Commerce and Mines. This mill, valued at approximately $400,000, will be moved here from near Hailey, Ida., where it was newly set up last fall for work on gold ores. Negotiations between the city of Ely and Baltimore-Cama- s Mines Inc., the mining and milling company have been completed. The lease, granting a ten-acmill site and ten acres for a tailings pond to Baltimore-Camawas signed by city officials. This lease provides that construction is to begin within 30 days. The headquarters of Baltmore-Gam-a- s Mines, Inc., are at Boise, Ida. G. P. Williams is president of toe company. It is expected that H. C. Murphy, metallurgist, will be in charge of toe mill. The company has an office in the Capitol building. 100-to- . re s, no, retary. Old Blackbird A substantial increase in value of metals produced from Utah mines during the past year wps noted in a preliminary report released today by the United States Bureau of Mines., While tons of mineral produced was comparable to the previous year, higher prices paid for the metal accounted for the value gain. Shown above is one of the large power shovels operating at the huge pit at Bingham Canyon, Utah, where operations accounted for a major portion - ; ,jof Utah's output. : The present mining operation is located in Section 2, Township 42 South, Range 3 West, Salt Lake Meridian, Kane County, Utah. The mine was once known as the Blackbird mine and has had limited development in toe past by underground-tunneling mining methMetals Combined ods. operatn ed the mine a short period durMine production of gold and copper in Utah in 1951 was less ing World War II. than in 1950, owing mainly to work stoppages caused by labor K. M. C. will employ open-p- it acwere zinc of and toe greater, silver, lead, outputs strikes, but mining for this operation cording to the Denver office of toe Bureau of Mines, U. S. De- and a simple beneficiation plant will be used to separate partment of the Interior. The yield of gold, mostly de- the manganese ore nobules rived from copper ore, de- from the clays and shales in creased to 435,200 fine ounces which it is deposited. Present in 1951, a 5 per. cent loss from plans call for beneficiation of 1950, and copper to 273,700 short approximately 200 tons per day tons, a 2 per cent loss. The yield of heads, which is calculated of silver increased to 7,365,000 to produce approximately 20 e tons of fine ounces, a 4 per cent manganese Los Angeles, Calif. A century lead, to 51,300 short tons, gain; ore a 15 manganese conhaving a ago, Californians who found gold per cent gain, and zinc to 34,600 tent of 40 per cent and above. got rich. But today, its an even short-tonsa 9 per cent gain. This corporation is now enbet that toe miner who digs for Even though the outputs of sil- gaged In finishing camp congold will get poor instead. lead and zinc were larger struction. and in removing the ver, .Thats what Senator Know-lan- d in 1951 than in 1950, toe outfrom the mineraltold toe upper House of put of each metal was below ized zone. Congress the other day. normal. On the other hand, K. M. C. has contracted to The price of gold, Mr. Know-lan- d gold and copper production, de- deliver a substantial tonnage said, has been pegged at $35 spite toe decline from 1950, was of high-graore to manganese an ounce for years. But in toe above normal. the U. S. government and this meantime, The administration The State remained toe sec- ore will be delivered to rail has caused the price of commo- ond largest producer of copper heads at Marysvale and Cedar dities and wages to go up. in toe United States (exceeded City, Utah. as matters To make worse, only by Arizona); ranked secSeeking Ore Senator Ferguson of Michigan ond in gold and silver, third in This corporation is interested remarked, toe United States lead and eighth in zinc. toe procurement of additionin fiThe value of the five metals Treasury has in effect been al both high grade nancing the deficits of other in 1951 was $184,847,297, or 16 andmanganese, low grade, In toe state of countries by purchasing gold per cent greater than toe value Arizona and Nevada, and Utah, d from them at their of $159,415,431 in 190. Of the are a in develop adprice, between $70 and $77 an State total value in 1951, cop- ditional position to or to purproperties ounce. per (contributed 72 per cent, chase tonsubstantial outright So Mr. Knowland asks that gold 8, lead 9, zins 7, and silore of from manganese toe proper committees of Con- ver 4 per cent. The State out- nages mine operators. present out find and gress get busy put of ore (mined and treated) K. C. M. is on between what goes considering the exactly decreased from 31,855,601 tons toe Treasury and foreign gold in 1950 to about 31,500,000 tons future possibility of toe conproducers. in 1951, a 1 per cent loss, but struction of a large plant in Utah for toe He added that the present the number of producing mines south-centrlow-graof toe Administration of mangarose from 86 to approximately policies nese ores. However, purchases have practically destroyed the 90. of ore are being made gold mining industry in CaliforPreliminary figures for 1951, at highgrade time this for immediate denia. with comparative figures for has Senator The something 1947-5are given in toe livery. there. The corporation also is conTo give away the profits of completed report. The figures ducting an extensive investigaAmerican industry for the illu for 1951 are based on reports tion of the tungsten and oil operators and receipts at sory benefits of good will is by gas possibilities of southsmelters and United States and ern bay enoughi. Utah, and it is anticipated To destroy an American In Mints for 10 months of the year that some geophysicol surveys and with November and Decem- wll be made dustry for the same purpose just ber estimated. . specifically in' condoesnt make sense. The counnection with oil and gas posOf the total ore (31,500,000 sibilities try is certainly entitled to know during the summer of Continued on Page 2 1952. what goes on. Value of Utah Mineral . Custom Tungsten ", Silver (per oz.) D0.16c new mined- .- X: Production Washington, D. C. The U. S. is scheduled to get a little more tungsten and slightly less molybdenum in the first quarter of 1952 than it got in toe last three months of 1951. This was announced recently by toe committee of the International Minerals Conference. The conference was set up about a year ago, at toe incitation of the U. S., Britain and France, to divvy up scarce strategic materials world available in toe non-Re-d increased to proand encourage duction of these items. The conference works through a series of commodity committees, each of which includes representatives of the principal countries producing and the commodities consuming concerned. The tentative U. S. share of tungsten ores and concentrates for January thru March, 1952, was put by the conference committee at 1748 metric tons, compared with 1550 in toe last quarter of 1951. The tentative U. S.. share of molybdenum ores and concentrates for toe first three months of 1952 will be 3644 metric tons, as compared with 3736 in toe last quarter of 1951. tungsten-molybdenu- m free-wor- ld free-wor- ld Central Eureka San Francsco, Calif. Central Eureka Mining Co. is milling 150 tons of gold ore daily and recently disclosed plans to dou ble capacity of the reduction plant. Ore pilled averages about $17 a ton. The company is toe Rip Van Winkle largest producer on toe Mother Reno, Nev. Six men, work- Lode and is reported preparing ing at the Rip Van Winkle to operate three coppper prop-etlmine In Elk6 County, are daily in Arizona. hoisting 12 tons of ore mined by United Minerals and plans to develop ores that Reserve Corp. took over the are known to exist on the lower property several months ago, levels. es cut-and-fi- lL 19c Lead (per lb.) .v Higher-i- 1951 - Better Break For Gold Miners Asked . high-grad- , over-burd- en de . non-pegge- bene-ficiati- on al de 0, |