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Show m NON-CIRCULATI- BHinai ' r Tf A.' 9'y-9fr La. S ; t - r- ' i l ,r -c.-- v A Ji i . Wit r a i i A V r 25 Cents Per Copy Cant survive with clean air laws, AS ARC 0, Kennecott tell legislators Two of the nations largest smelters of copper say they face serious production problems as a result of new air pollution control regulations adopted by a number of Western states. & American Smelting will Co. said be it Refining unable to meet its contractual agreements to receive and smelt copper concentrates beginning June 1. It declared a state of force majeure on concentrates that normally would be received at the smelters on or after that date. This is a procedure that permits a company to allocate asserted that compliance with new air quality rules, scheduled to go into effect in Utah in mid-Junwould force closing of Utah entire its copper division the largest of its domestic copper operations. J.P. O'Keefe, general manager of Kennecotts Utah Copper Division, charged in a letter sent last week to Utahs Air Conservation Committee that new are the regulations and capricious arbitrary, unreasonable and declared that are unconstitutional, they He urged unlawful. and illegal its smelting in relation to its ability to handle concentrates when its unable to meet full contract commitments because of developments outside its control.. E. McL Tittmann, chairman, said ASARCO likely will have to reduce acceptance of shipments of concentrates at its smelters as much as 15 in June. He asserted that unrealistic and air unreasonably stringent control pollution regulations cannot be met with existing technology for operating the companys smelters. Kennecott Copper Corp. e, Canyonlands Uranium accepted for trading on Salt Lake Exchange Canyonlands Uranium, Inc., has been accepted for trading on the nationally registered Salt Lake Stock Exchange. Trading on the exchange in Canyonlands Uranium started last Monday, and James L Menlove, president, purchased shares. first the 2,000 trades at Canyonlands currently 6 cents per share. The inclusion of Canyonlands Uranium on the Salt Lake Exchange reflects the policy of the Board of Governors of the Exchange of allowing listing privileges to small companies with limited capital. ' In a recent statement in the Digest of Stocks listed on the Salt Lake Stock Exchange, Board chairman Exchange George John Potter, stated the policy of the board as: It is the firm belief of the Board of Governors.. .that the speculators and investors who-wisto invest risk capital in such issues should not be denied the that an many advantages Exchange offers, mainly one centralized market place where the buyer can buy the stock of his choice at the lowest possible price and where the seller can sell at the highest possible price at any one time. Adherence to minimum Exchange listing requirements, close supervision of listing and trading activities by the Board of Governors of the Exchange, a continuous current file of pertinent information regarding Cascade eyes ven ture in new Canada potash plant on certain Cascade Energy Corp., Salt Lake & Metals' City, has announced plans to acquire rights to an exclusive and patented solution mining process owned by Lynbar Mining Corp. Ltd. of Canada. In the process, Cascade, wholly-owneits through d Canadian subsidiary, Starfire Uranium Mines Ltd., will also acquire all the assets and liabilities of Lynbar. The solution mining process, known as the Kali process, figures prominentaly in a PILOT PLANT FOR SOLUTION MINING off pcrtaih In Ottawa Province of Canada, may become part off Cmcade Energy & Metals in pending negotiations. Production at: plant (top) is encouraging, according to' reports. At bottom, solution containing dissolved potash after being pumped up from 8,000 ft. below the surface of the ground. J4 M 14 .! .ik; development program potash properties in Canada, a project which will be continued under the proposed to a arrangement, according company letter to shareholders. Pending approval of the Ontario Securities Commission, U.S. Securities & Exchange Commission and the U.S. Revenue Internal Service, Cascade will form a Delaware Corp. to market the new process in the U.S. and Canada and to conduct development at the Canadian pilot plant. . each listed company, and the h daily publication and widespread dissemination of quotes and sales of listed stocks are additional advantages afforded the investor who trades in securities listed on the Salt Lake Stock Exchange. Canyonlands Uranium --was founded in June 1968. It has approximately 435 stockholders in 1 5 states. real ' estate transaction pending would give the company a majority interest motel and in the 200-roorestaurant in Salt Lake City A major m The company currently owns various mining and oil interests in Utah and Colorado. Canadian plant was developed under a Canadian government Industrial Research Act. Incentive Development the Initial development of plant was from a design by Centrozap. The . the Polish department of government lands and minerals. In essence, the Kali process consists of the injection of brine solution into potash deposits at depths at depths of 8.000 to 10.000 feet below the surface. The brine solution pulls the |