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Show on yiT & Emms journal May 11f1970 ) Union Carbide announces hike in vanadium ore price GRAND JUNCTION, A vanadium ore price Colo. increase has been announced here by Union Carbide Corp. which will give vanadium ore producers approximately 16 more, depending upon the grade. .The price increase will become effective June 7, according to an announcement made by Union Carbide. In announcing the increase, John! Emerson, manager of Plateau Operations for the Silverado Mining to vote on merger plan DENVER- owners of mineral rights leased A special of shareholders the of meeting has been Co. Silverado Mining called by the board of directors for May 12 in Denver. calculated, on the revised price schedule. The shareholders will be asked to approve a plan of agreement companys mining and metals division, stated royalties paid to to the company will be of reorganization among Bosco Union Carbide purchases ores Silverado, containing uranium and vanadium from independent Nev. Former RENO, Charles uranium magnate Steen, in the face of mounting pressure, will have his day in court May 1 1 where it will be decided how much he owes the Internal Oil and gas leases offered Cisco. Scaled bonus bids must be received in the BLM state office before May 14 at 2 p.m. The and-royaltie- BLM. Hearing set on minerals policy WASHINGTON Hearings will be held June 4 on the bill to establish a national mining and minerals policy. Testimony at the hearing is expected primarily on energy Revenue Service. But Steens bankruptcy trustee has asked that Steen be declared bankrupt. Dick Dimond, the trustee, says Steen has failed to answer official in two questions ' his instances concerning the Agate, Cisco Springs and an unnamed field in Grand County, about 10 miles northeast cf nigh bidders, in addition to the amounts of their bids, will pay the usual rental for the land on any oil and gas extracted, according to the minerals such as oil and gas, coal, oil shale and uranium. Corporation - and Bosco Resources Corp. and an agreement of merger between Silverado and Bosco Resources, Silverados board of directors Silverado, and whereby Bosco Corp. will merge into Bosco Resources Corp. Upon completion of the plan has approved a plan of and merger agreements, Corp. will reorganization and merger Silverado and Bosco as , whereby Silverado will merge Resources Corp., a into Bosco newly-forme- wholly-owne- d d, cease existence independent entities and Bosco Resources Corp. shall be the sole surviving Delaware subsidiary of corporation. Steen goes to court May producers in Utah and Colorado for processing in their Rifle and Uravan, Colo., concentrating plants. V. Oil and gas leases on 1,920 acres of land in Grand and Emery counties of Utah will be issued by the Bureau of Land Management as a result of sealed bids to be opened May 14. Offered for lease arc seven parcels of land, according to Robert D. Nielson, BLM state director. Two parcels are in the Last Chance field in Emery County about 30 miles northwest of llanksville. Hie other five are in - 11 on IRS hearing bankruptcy case. Steen, who struck it rich in Utah during the uranium boom of the early 1950s when he discovered one of the worlds his debts. The IRS has claimed Steen owes it $2.5 million, but Steen has disputed th amount since he first filed under Chapter 12 in ' largest uranium deposits, has 1968. Steen once said, The sole been in and out of court for well his over a year, trying to salvage outstanding claim is the Internal fortune, once estimated at $19 Revenue Services, and I have He is million. been trying for months to get currently 12 of them into the courts to prove operating under Chapter the Federal Bankruptcy Act, their claims. They continually trying to devise a plan of show reluctance to get to the financial reorganization to pay heart of the issue. Nevada solon vows watch on mineral prices s WASHINGTON Sen. Howard W. Cannon, Nev., has assumed the role of principal watchdog over the prices at which tungsten, mercury and other metals will be sold from federal tockpiles. Sen. Cannon gave assurance that he will oppose government sales at prices which would disrupt the market. As chairman of the subcommittee on functions which stockpiling under the Senate Armed Services has Cannon Committee - already acted to hold mercury prices in line by limiting sales from the stockpile. Of next major concern is what will happen to tungsten prices under legislation which soon will place vast amounts of this metal for sale by the,government. Persons wishing to be heard on the bill should contact the House Interior Committee. May 1 8 set for coal land bids Sealed bids to determine issuance of a coal lease in Emery County, Utah, will be opened May 1 8 at 2 p.m. in the Bureau of Land Management state office, 8103 Federal Bldg., 125 S. State, Salt Lake City. Robert D. Nielson, state director, said 411 acres will be offered for lease 13 miles west of Huntington, Utah. JUST PUBLISHED! OF STOCKS LISTED ON THE SALT LAKE STOCK EXCHANGE $3.00 Per Copy Complete information concerning companies listed on the Salt Lake Stock Exchange capitalization, financial data, dividends, latest activity, transfer agent, annual meeting, officers, etc. Send check or money order to .They'll speak at an educational seminar at the. Century Plaza Hotel v . in Los Angeles. They'll speak about Analyzing Drilling Program Performance, Forms of Management & Dealer Compensation, Structure of Drilling Programs & Management Companies, Drilling Program Sales Methods, Evaluating Investment in Drilling Programs, and Tax Aspects of Drilling Programs It's a must" seminar for attorneys, accountants, bankers, broker dealers, program sponsors, and others who advise the public on natural resource related investments. $225 (per person) including lunches, coffee breaks and a portfolio of literature that's almost worth the price itself. Do come. You never know what you might miss. r j J n 0MJ Resource Programs Institute, Inc. 437 Madison Avenue, New York, N.Y. 10022, (212) 0 A wbidiary of Iti Arlkwr lippr Corp., Mmbort Nw York Stock Ecfcn. 688-789- CHRIS S. ftAETOS j PUBLIC RELATIONS 308 Ness Building Salt Lake City, Utah 841 10 Register me for your seminar ot the Century Plaza Hofei in Los Angeles. Bill me. My check for $225 (per person) is enclosed. j Please send me your complete seminar program. Telephone Please mail 363-220- 3 copies of the DIGEST (r $3.00 to: ; j Ham I TTO I I I I I Name Address I City State Zip pilot print) Company ' 'nvMM- . Arfdrm ; City Slot Zp ' " I J L 323CZ2Z52Z |