left s.s san juan prospector underway the cargo capacity of this ore/oil carrier exceeds the combined capacity of six world war ii liberty ships particulars length 835 feet breadth 106 feet depth 65 feet deadweight capacity 71,000 long tons ore hold 1,300,000 cubic feet cargo oil tank 3,200,000 cubic feet full load speed 17 knots cruising range 24,000 nautical miles right main pit area of utah's lucky me uranium mine in the gas hills district of wyoming be further expanded by commencement of shipments from the mt goldsworthy project in western australia in december 1964 rep resentatives of japanese steel mills executed an agreement with cia san juan s.a which will market the mt goldsworthy ore for the consortium composed of utah cyprus mines corporation and con solidated gold fields australia pty ltd this agreement calls for the purchase of 1 6vi million tons of ore from mt goldsworthy over a seven year period at present the companies are installing deep draft port and harbor facilities a 75-mile railroad mine plant and other facilities with utah performing the construction and dredging the initial investment for the three companies is expected to reach 52 million and annual shipments — initially at a rate of iy2 million tons — are to be increased to ivi million tons in 1967 for the balance of the contract like many of the company's other mining operations the attraction of this venture lies as much in the prospective sales of mt goldsworthy's uncommitted ore as in the sale already consummated copper the company participates in the copper industry through its 25 interest in pima mining company owned also by cyprus mines corporation 50 and union oil company 25 utah per formed the initial stripping of this ore body and constructed the orig inal pima mill in subsequent years the affiliate has contracted with the company for the design engineering and construction of addi tional plant and facilities utah is presently constructing new facili ties at pima which will enlarge its mining and milling capacity by mid-1966 from 6,000 to 18,000 tons per day at a cost of approxi mately 21,000,000 with its expanded capacity pima's unit costs will be reduced thus permitting economic mining of lower grade ore reserves with the effect of doubling the estimated life of the mine and improving pima's annual profits and total future earnings pima's earnings which vary from year to year in response to copper prices benefited during 1965 from premium prices on the world market where a portion of this year's production was sold in com bination with increased production the prevailing copper price