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Show won-circudu,;;-- VOLUME 2 NUMBER 4 Wvtt MARCH 23, 1970 25 Cents per Copy Finds of geologists at the mine are programmed by computerized analysis. The computer readout accurately predict the best mining methods, PANORAMIC VIEW OF CAKLlN GOLD MINING CO., Lynn Mining District Eureka County, Nevada. Plant engineering and final refinements to ore body evaluation was made concurrently with computer development according to systems engineers. Wyoming to get Sen. Church seeks minting of dollar gas, uranium Church, processing plants Two CASPER, Wyo. national companies will construct large scale gas . -; processing plants in Wyoming, and another firm has announced Mans for a uranium mine and mill. According to a copyrighted story in the Casper the gas processing plants and gathering systems will be built Star-Tribun- e, near Douglas, Wyo. in the burgeoning Hiligjht oil field. The newspaper said Phillips Petroleum will construct a plant with a capacity of 80 million cubic feet of gas daily. The gas will be gathered, compressed and sold to another firm, Panhandle Eastern Pipeline Co. And in Douglas last week Car G. Herrington, vice president of Humble Oil & Refining Company, announced his company's plans for a uranium mine and mill. Herrington told a group of Wyoming business, civic and government leaders that his company has decided to branch into uranium because of the demand for it as a source of energy. - Sen. WASHINGTON D- - Frank Idaho, is cosponsoring compromise legislation to provide for the minting of both silver and dollars honoring the late President Dwight D. Eisenhower. The legislation is designed to meet objections raised in the House to the new minting of a silver dollar. No dollar coins have been minted in the United non-silve- r States since the mid 1930s. The compromise legislation over provides for the minting four-yeof 20 a period - ar million proof quality Eisenhower dollars containing the same 40 percent silver content as that included in the present Kennedy half dollar. The coins would be sold in proof sets by the San Francisco assay office and would bear an S mint mark. Proof coins are and near perfect hand-struc- k specimens. In addition, 130 million 40 percent Eisenhower dollars would be minted for direct sale to the public. Those coins would be made by the regular minting process and would be uncirculated in quality. They would also bear an S mint mark and like the proof variety they would be minted r over a period. four-yea- FTC gives nod to purchase of coal firm WASHINGTON - A Federal Trade Commission examiner issued a preliminary order Kennecott Copper The mine and mill will upholding Corporations acquisition of the reportedly cost $20 million. nations largest coal producer. The two gas processing plants ' Hearing examiner Donald R. will be in direct competition FTC complaint Moore ruled McCulloch Gas charging that anKennecotts $285 Transmission Co. which earlier purchase of Peabody The Phillips plant will announced its own $5 million million Coal Company was monopolistic reportedly cost about $5 million gas processing plant. be dismissed for lack of should and a pipeline to be constructed Frankly, I'm glad to see the His order is subject to about $10 competition because the big proof. by Panhandle-Easter- n approval by the million. problem is lack of facilities to The newspaper said Union take the Hilight gas. They are Texas Petroleum of Houston will flaring 40 million cubic feet of build a processing plant in gas per day as soon as gas Douglas, including a pipeline facilities are in, we will be able mine A Salt Lake City-base- d from the Hilight Field to to increase oil production. Restrictions have been placed engineering firm, F. C. Douglas. The plant will have a 100 million cubic feet per day on oil production because of Torkelson Co., has been Swindell-Dressle- r excessive gas leakage. capacity. acquired by Co., a division of Pullman, Inc., Chicago. IT'S YOUR MONEY by Richard Blackburn Announcement of the agreement was made Wednesday at Swindells Pittsburgh, Pi., appears on Page 6 of this issue. headquarters by Donald J. Morfee, executive vice president, with final commission and be may appealed, stayed or held for review. The commission issued a complaint Aug. 5, 1968, against Kennecott, a New York City firm which ranked 135th largest among U.S. industrials in 1968, for its purchase of Peabody March 29, 1968. Peabody was five-memb- er the nations largest coal producer in 1967 with 29 per cent of national production. The commission charged that acquisition of the St. Louis, Mo., coal company might lessen competition or tend to create a monopoly in the production and sale of coal in Utah, the mountain region, and the United States generally. The record fails to support the allegations Moore said He said demand for coal is with highly cross-elasti- c demand for competing fuels, including oil, gas and nuclear energy, as well as hydro-powe-r. Swindell buys S.L. engineering firm Swindell has acquired all of the Torkelson stock, he said. Organized in 1946, Torkelson provides engineering services and feasibility studies for the metals and mining industires. The firm also has done work for the Atomic non-ferro- us Energy Commission, the Corps of Engineers, the Air Force and the Bureau of Mines. Swindell was founded in 1850 and has become a leading international engineering construction frim providing planning, design engineering and construction of non- - ferrous metallurgical and ceramic plants. Presently, Swindell is working on plans for two copper recovery plants at Magna, for the Utah Copper Division, Kennecott Copper Corp. . |