Document Vjv6MNrL4zDBoR5d94nXv6rQp

FILE NAME: Kennecott (KENN) DATE: 1964 Dec DOC#: KENN011 DOCUMENT DESCRIPTION: Mineral Trade Notes [US Dept of Interior] Excerpt VOL. 59, NO. 4 Oc t o b e r 1964 MINERAL TRADE NOTES A MONTHLY INVENTORY OF INFORMATION FROM U. S GOVERNMENT FOREIGN SERVICE O FFICES AND OTHER SO U RCES THAT MAY NOT OTHERWISE BE MADE AVAILABLE PROMPTLY ME UBBAIY or THE O C T 5 1964 ONnmZSITY OF ILLINOIS United State Department of the Interior -- Bureau of Mine Vol. 59, No. 4 Washington, D. C. October 1964 A m o n th ly in v a n to ry of inform ation o b ta in e d from U . S. Government Foreign Service offices and other sources that may not otherwise be made a v a ila b le promptly Compiled in Ihe Division of Minerals, Bureau al Mmes by Dorothy C. Baker, Manon L. Finn, and Charlotte R. Buck undet the technical supervision of Paul F . Yopes, Assistant to Ihe Chief UNITED STATES DEPARTMENT OF THE INTERIOR Stewart L. Udall, Secretary BUREAU OF MINES Marling J . Ankeny, Director Lise of funds for printing this publication hns been approved by the Director of the Hureau o f the Budget September 10, 196i. Note: Reasonable care is exercised in selecting and digestin'' all items, but the Bureau of Mines does not assume responsibility for the accuracy of statements credited to other sources. Reprinting of reports and excerpts therefrom is always welcomed by the Bureau. In the matter of abstracted items, credit should be given to any original source noted. Digitized by Google HIGHLIGHTS Production and exports of selected minerals and metals in PERU and the REPUBLIC OF SOUTH AFRICA in 1 9 6 3 ... Discovery of chromite in the RERJBLIC OF SENEGAL, 1 9 6 4 ... Iron ore development project in IN D IA ... F irst pro duction of s te e l at the Zawiercie S te e l Works in POLAND in Ju ly 1964... Phosphate rock and sodium compounds in BRAZIL.. . Caustic soda plant opened in the PHILIPPINE REPUBLIC in Ju ly 1 9 6 4 ... Su lfu r ore deposits discovered in the UNITED ARAB REPUBLIC... WORLD production o f b a rite , cadmium, copper, fluorspar, iron ore, lime, molybdenum, platinum, ste e l ingots and cast in g s, selenium, s u lfu r, tellurium , and vanadium in 1 9 6 3 ... Report on the lead and zinc industry in TURKEY... -- ooo----- UNITED STATES DEPARTMENT F THE INTERIOR Created in 1849, the Department of the Interior-a Department of Conservationis concerned with the management, conservation, and development of the Nation's water, fish, wildlife, mineral, forest, and park and recreational resources. It also has major responsibilities for Indian and Territorial affairs. As the Nation's principal conservation agency, the Department works to assure that nonrenewable resources are developed and used wisely, that park and recrea* tional resources are conserved for the future, and that renewable resources mdce their full contribution to the progress, prosperity, and security of the United States-now and in the future. Digitized by Google Mineral Trade N otes, V o l. 59, No. 4 October 1964 CONTENTS I . COMODITY REVIEW Page Alumina ( A u s tr a lia ) ......................... 3 Antimony (Peru; South A fr ic a , Republic o f ) ........................................ 3 Asbestos (G r e e c e ) ............................. 4 Barite (Peru, W orld)....................... 4 Bismuth (P eru )...................................... 6 Cadmium (Peru, World).................... 7 Cement (Korea, Republic o f; United Arab Republic (Egypt). 9 Chromium (Sen egal, Republic o f; South A fr ic a , Republic o f ) ............................................................... 9 Copper (Peru; South A fr ic a , Republic o f; W orld)....................... 11 Diamond (Cameroon, Federal Republic; S ie r r a Leone)............. 17 Fluorspar (World).............................. 13 Gold (Peru; South A fr ic a , Republic o f ) ......................................... 19 Gypsum (Peru)......................................... 22 Iron ore (In d ia; Peru; South A fr i c a , Republic o f; W orld ).. 23 Iron and s t e e l (Belgium, India, Poland, U .S .S .R ., W orld)....................................................... 23 Lead and zin c (Peru)....................... 30 Page Lime (Peru, World)............................ 32 Manganese (Angola; Peru; South A fr ic a , Republic o f ) . . . 34 Mercury (Peru)...................................... 36 Molybdenum (World)............................ 37 Nitrogen compounds (United Arab Republic (E gyp t).................. 38 Phosphate rocK ( B r a z il) ................ 38 Platinum (South A fr ic a , Republic o f; World)....................... 38 Potash (Germany, W est).................. 40 P yrite (Cyprus)................................... 41 S a lt (Peru)............................................. U Selenium (Peru, World).................. 42 S ilv e r (Peru)........................................ 44 Sodium compounds (B r a z il, Peru, P h ilip p in e s ).......................... 45 Stone (Peru, United Arab Republic (E gyp t).............................. 46 S u lfu r (United Arab Republic (E gyp t), World)................................. 46 Tellurium (Peru, World)............... 48 Titanium (Sierra Leone)............... 50 Tungsten (Peru)................................... 50 Vanadium (South A fr ic a , Republic o f; World)....................... 51 I I . MISCELLANEOUS INFORMATION Pape Comprehensive report on the lead and zinc industry in TURKEY................................................................................................. 53 Digitized by Google Mineral Trade Notes, V ol. 59, No. 4 I . COMMODITY REVIEW October 1964 ALUMINA A u stralia. - The agreement concluded in Australia financing a 600,000-ton alumina refinery in Queensland, A u stra lia , reportedly brought closer to fu lfillm e n t the establishment of aluminum ingot operations in New Zealand. (See MINERAL TRADE NOTES, A pril 1964.) One of the outlets for the alumina from the Queensland plant would be the proposed smelter of Comalco Industries P ty ., L td ., (COMALCO) at B lu ff, New Zealand. The Queensland refin ery, which is expected to begin operating by mid-1967 w ill use e le c tr ic ity from the Mnnapouri project when i t becomes availab le. Source: Foreign Service Despatch A-624, May 15, 1964 - Wellington. ANTIMONY Peru. - Production of nntlmony (metal content), according to preliminary s t a t is t ic s supplied by the In stitu to Nacional de Investigacin y Fomento Mineros, was as follows: Production of antimony, Peru, 1962-6.3, in kilograms 1962 In ore and co n ce n tra te .... In crude bars.............................. 116,358 1/242,462 In antimonial lead b a r s ... 41.674 T otal..................................... 400.494 1/ Reported in 1962 as refined bars. 1963 353,259 351,997 29.463 739.719 Antimony exports from Peru by country of destination are shown in the following table: Exports of antimony from Peru, 1962-61, in kilograms Country of destination Argentina..................................... 1 >62 15,667 1963 87,097 Belgium.......................................... B ra z il............................................ France............................................ Germany.......................................... I n d i a ............................................... Japan............................................... Netherlands................................ United Kingdom......................... United S ta te s ........................... 30,268 126,921 93,351 - 55,966 57,493 2,111 13,961 476.356 203,003 38,777 31,135 24,834 50,093 146, i44 - 30,603 222,606 T o tal.................................. 877.594 884,547 Source: Foreign Service Despatches A-778 and A-352 in 196; A-844 and A-850 In 1964 - Lima. Digitized by Google M ineral Trade Notes, V o l, 59, No. 4 October 1964 South A fr ic a , Republic o f . - Production of antimony concentrate, p e lle ts , and cobbed ore (averaging 59.93 percent antimony) by Consolidated Murchison (Transvaal) G oldfields & Development C o ., L t d ., the only pro ducer of antimony in the Republic, totaled 20,526 short tons in 1963. A to ta l of 19,257 tons was produced in 1962. Exports of antimony concentrate in 1963 totaled 21,467 tons valued at R2,898,499, compared with 20,226 tons valued at R2,748,815 in 1962. ( l South A frican rand equals US$1.41.) According to the annual report o f Consolidated Murchison, the measured ore reserve at the end o f 1963 was 340,000 tons. Source: Foreign Service Despatch A-7, Ju ly 7, 1964 - Johannesburg. ASBESTOS Greece. - An agreement was reached in Athens on Ju ly 11, 1964, for Kennecott Copper Corp., a U .S . firm , to s e ll i t s shares in Kenbestos Mining Co. to the Greek In d u strial Development Corp. (IDC) for US$20,000. These shares represent 95 percent of the to ta l stock in Kenbestos, which Kennecott established in 1956 to e x p lo it the Kozani asbestos deposits. Reportedly, IDC intends to develop the Kenbestos mine and has arranged to have the Greek Army do the i n i t i a l roadbuilding and other services. Source: Foreign Service Despatch A-50, Ju ly 17, 1964 - Athens. BARITE Peru. - Peruvian barite production, a l l for use in w e ll-d r illin g muds, increased to 124,800 metric tons in 1963, about 9 percent more than in 1962. The entire output continued to be from the mines of Barmine Co. and C ia . Perforadora de Pozos para Irrigacicin, S .A ., in the Rimac V alle y , 50 kilometers northeast of Lima. According to Banco Minero del Peru, exports totaled 90,146 tons in 1963, about the same as in 1962. Exports of b arite from Peru, 1963 Source: Foreign Country of destination Metric tons C h ile ............................ 227 Ecuador....................... United S ta te s .. . . 91 89,828 T o ta l................ 90,146 Service Despatch A-844, May Value, US$ 9,515 1,407 820,594 825,516 8, 1964 - Lima. 4- *J,i by Go