OCR Text |
Show 2 The Western Mineral Surrey, Salt Lake City, Utah July Uranium Ore Buy Station Established Trading Continues Active On Salt Lake Exchange la this moot la The information contained derived from sources not guaranteed, bat believed to be correct.regarded as reliable, Listed Stocks Big Hill Bingham Metals Bristol Silver Grand Junction, Colo. The U.S. Atomic Energy Commission and the Anaconda Copper Mining Co. have announced that a new ore buying station has been established near Grants, N.M., for the purchase of various types ores. of uranium-bearin- g owned The depot, by Anocon-dto provide first will be the gan-gu- e limestone the a market for area. Grants the of ores Amenable ore of this type will be treated i nthe processing plant now under construction by Anaconda at the same site upon its completion. Uranium ores will be aocepted at the new buying station on the following terms: 1. Limestone gangue ores will be purchased in accordance with the specifications, prices, arfd conditions of Domestic Uranium Program Circular 5, Revised, except that no payment will be made for vanadium and no limit will be placed on lime content Bullion Bonanza Cardiff Oil & Mining Central Std. Chief Con. Clayton Silver Colorado Con. Colb. Rexall Combined Mietals Comet Ooal'n Commonwealth Lead Cons. Eureka Crescent Eagle Oil Croff Oil Crown Point Dragon E. Crown Point East Standard .. E. Tin. Coalll East Utah Empire Mines a, : . Eureka Bullion Eureka Lilly Con. Eureka Mines Eureka Standard Gold Chain Grand Dep Great Western Horn Silver 2. Indian Queen . Kentucky-Uta- h Keystone Lakeside Mon. Leonora Little May Mono Kearsarge Madison Mines Magnolia Lead & Oil Mammoth Miller Hill Miners Gold Moscow Mt States Dev. Mountain View : Indicates operating companies Oil & Mg. Nev-Ta- h concentration tables, Nevada Pacific Development CO. is increasing output of tungsten ore from 30 to 60 tons a day. Scheelite is taken from two mines woned by the company about seven miles northeast of Gabbs, one operated by Gordon Smith, Gabbs mining man. Development of several scheelite deposits is progressing in the Rawhide and Gabbs districts and construction of at least one more mill is reported planned' Fallon Area Scene Of Larger Tungsten Output Fallon, Nev. Tungsten production is increasing in the Gabbs and Rawhide areas southeast of Fallon. Kennemetal, Inc., has enlarged and improved the mill at the Nevada Scheelite mine, more than doubled the mine crew and is also accepting custom ore. The property has been Nevadas second largest tungsten producer many years. Kennemetal acquired control of the mine and plant in 1951 from Nevada Scheelite, Inc. Optrating a new mill equipped with a crusher, rolls and three . in the near future. Industrial Mines Corp. is preparing for pro- duction from its leased Strand--j Sheehypr operty near Rawhide, and Mark Harris of Sacramento, Cal., and associate are reported planning development of an adjacent deposit. SPECIAL OFFER Submit One New or Renewal Subscription Accompanied by One Additional New Subscription. A TOTAL COST FOR BOTH OF 1 YEAR YEARS. Single Subscription ... 1 Production Of Tungsten On Increase j SUBSCRIBE NOW 2 or roscoe-lite-ty- pe Cir-mul- ar ! , Camotite-tyfc- e ores will be purchased in accordance with the terms, conditions and specifications of Domestic Uranium Progam 5, Revised. 3. Other types of uraniumbearing ores may be purchased under contracts with individual producers. Terms will depend upon the metallurgical characteristics of the ores. The AEC expects that the new purchasing depot will stimulate tiie development and production of uranium bearing ores in the Grants area, where uranium was first discovered in the summer of 1950. . Howell Kennebec 11, 1952 Year $2JS0 j ; J Ken-meta- l, Inc., has enlarged and improved the mill at the Nevada Scheelite mine, more than doubled the mine crew and is also accepting .custom ore. This property has been Nevada second largest tungsten producer for many years. Kennemetal acquired control of tfre mine and plant hi 1951, from Nevada Scheelite, Inc. a new mill Operating with a crushed, rolls equipped and three cncentration tables, Nevada Pacific Development Company is increasing output ore from 30 to 60 of tungst-tons per day. Scheelite is taken from two mines owned by the cai. ny about seven miles northeast of 2 Years $4.00 TAKE THIS UNUSUAL OPPORTUNITY OF KEEPING INFORMED ON ACTIVITIES LN THE OIL AND MINING INDUSTRIES 1, Drilling Pushed Mountain Area y INDUSTRIAL PAINTING & DECORATING Phone 22 Gabbs, one operated by Cordon Smith, Gabbs mining man. Development of several scheo lite deposits is progressing in Nevada City, Calif. Revival the Rawhide and Gabbs districts of one of Californias basic inand construction of at least one dustries, throttled by the federal more mill is reported planned government, can only be accomfor the near future. plished by concerned action of Industrial Mines, Corp., is pre- the people of the state demandof a free paring for production from its ing market for gold, according to leased Strand-Sheeh- y property near Rawhide and Mark Harris a statement made by Bliss K. of Sacramento and associates Harper, of Placervllle, candidate are reported planning develop- for the state assembly from 6ixth district ment of an adjacent deposit. If the state of California, acting with leadership from the legislature,, asserts itself In state a in united attack upon the federal policy of tampering with the free circulation of gold, our economy will be forwardAt the end of the first week state ed and a start made to stabilize in June, 242 drilling rigs were the economics of the country, operating in the Rocky Moun- Harper said. tain area. This compares with It would be an obvious miso fthe function of governuse 146 a year ago. This years drillment if the wage scale of bricking rig census shows 94 rigs layers had been frozen at 55 operating in Wyoming; 44 in cents an hour in 1934 while other Montana; 34 in Colorado; 26 in wages increased to present-daUtah; 24 in North Dakota; 14 in standards, he added. It is just Nebraska; four in South Dakota as arbitrary and destructive for the government to have the and two in Idaho. price of gold frozen at the 1934 market price in a move which has almost totally destroyed a basic California industry. He pointed out that the inability of the miner to purchase labor and equipment on a rising market while his market for gold sales remains stationary, has forced practically all the lode mines to discontinue J. H. DAVIS $3.00 $5.00 Western Mineral Survey EAST FIRST SO., SALT LAKE CITY UTAH JUNE, 1952 Advocated Tungsten production is increasing in the Gabbs and Raw-hid- e areas southeast of Fallon, Nev., reports from that Churchill County seat indicate. - Free Market For Gold . 7-455- 4 1750 Park Street Salt Lake City i j Salesman: Well, so long honey, Im' going out of town for a few .'days. Whats your phone number? Ill call you as soon as I get back. Sue: Plaza 4444, and if a man answers you1 stayed away too long. |