Document NNvnD0v8zOB3qzDg1nKE2yZ6V

mwm' LIA16A03 LEAD INDUSTRIES ASSOCIATION r 4M UEX1N4TOH AVMM NCW YOMC IT, M. V. THg LEAD DPOSTRT PI UT1H, NEVADA, AMD CAUTOHSIA* T. A. *ardla, Jr,, General Manager International Smelting end fteflnlag Co, Soli Uks City, (TUh r p iw s wevw ft sees not to have been assigned any particular topic la thl* panel dtsOuselon bat I presume the particular part of the western country that you want ae to oot * r, in brief murks today, is the Into mountain district, (mean a* the Utah, Nevada and California area, I will attempt to paint this picture, except for the Tlntic mining district which will be handled later by Cecil ritoh, visa t president and general oenager of Chief Consolidated, This will lease ae with Binghna Canyon, Park City, Utah, aoutheastem Nevada (particularly the Pioobe area) and Anaconda's two lead mines In east-central California, In eaaalona of this sort in past years, it seeeis to ee that we dealt for emetine on current, general results frae exploration, That seemed to be the In i l teresting subject with respect to operation, other factors leased to occupy a minor position. True, there were the usual einor labor troubles, taxes, federal caeplicationa on ownership of claims, etc., but nos here we are with e group of producing tines all loused up with pretty nearly everything bed you can Imagine i and interest in results of development work more or less incidental, f will start out Baking the atat seent that we operator! in this area here I the general thought that production for the year 1952 could be about the aaxe aa in 1951; in other words, about 70,000 tons of lead metal, hot whan we sake a statement to that effect we hire in Bind a lot of gruesene operating difficulties and our predictions Bust neeesaarily all be predicated on what develops in theme various barriers to successful operation. 4 i Practically all of the properties in cur area look good for continued production, particularly those in doing district# that have a reputation for productivity. In Park City it is the Park Utah Consolidated, Silver King Coalition and New Park Mining C-aperyj in Pioche, Nevada, Ccabined MsUla particularly, which includes leases on adjoining properties) and in California where Anaconda suppliea practically all of the production of lead for the state free Its two ainec Darwin and Shoehene, The future eucceee of practically all lead-eino aining operation#, and particularly these whose ore bodies Lie la eedlaeatarles, la dependent upon aa eggreeelve develofmairt program. The future of our leed industry la oependent upon the via end vigor end optIdee of prospectore and wall mining oowpaniee risking developed* of dning properties that lock good to them. It takes years to bring along these aaall showing to elsable productiveness and this la senene ally the chief faotor In saintaining continued lead production, Presented at the 2bth Annual Meeting, lead Induatriae Association -April 1A-19, 1952, Chicago, Illlenia, mmm mmommmmmmmmt || P fy * e IH mmmmrn LIA16404 it 0 0 - Row hst has happened? 19 in confronted with vary obnoxious labor aituationj we don't knoe fron mi day to the next what tha no* demands will be (we're sure of one thir* - th*y*ll bo destructive)) our markets in undor prloe oontrol and no matter boo much sore It eoatj to produce wo have no recourse for receiving more for our product. Kot only that, but with tha throat of substantial laperts from foreign countriaa that ara overstocked with metal, our present laad prica la in Jeopardy, That, than, keeps ua going? la tha eaaa of tha older producers that hire their plants, townaitaa, shafts, a crow of men who haoa worked with then for years, a salaried organisation that la entitled to lob security, eocpaniea faal that it behoove# them to ksap on operating, roe11 ting all tha tins that their ora reserve* are being depleted at substantially no pro fit or avon at a loss, $o why should Da* operators Jmg) in on a setup of this tort? That is tha lncantiv* to do it7 Thy rtlok thalr racks outJ And jot that la tha vary thing that has tads ua strong In tha pact, Thar* always uaad to bo incentive to taka a chinos, this la definitely not a "HAVE HOT* nation ae far as nonferroua ratals era concerned. Our aoustalna are full of it, it's Jurt getting a little acre sciantlfle to find it, and aetala will always b* needed. Thoee rho her* ground to be explored should oartainly has* the opportunity. It la true that help la offered to tha prospector free government sources best, generally, he suet put up half tha risk capital and ha doaaa't even want to do that under tha dreusatancea. So that is tha picture for tha Interaountain area and it is no differ froa other wiring district* in the country, axoapt that possibly wo arc even acre dependent in our area upon devalopoent of new tinea to replace those that fads out. A recant study by the Utah Mining Association shows 17$ wines of all sites operating in tha state in 1939 and 64 in 19S0, leas than half. So I *sy, tha prcaiae of or* supply for production in 1952 la probably equally as good as lit* a year ago, but *w hav* our fingars crossed that the hatards end dleoourageoanta that face ua way net be so destructive a* to dash cur hope*. ' .. w. u utijn satitu "mu. f r