Word: builded
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Dates: during 1950-1959
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...many capital-starved nations, lectured Black, politics comes first and economics second. "The largest single cause of imbalance is the volume of unproductive investment which governments feel they have to undertake." It makes no sense for a government (such as India ) to endanger its food supply "in order to build steel mills with labor driven from the land...
Last week Ambrosia Lake got another big lift. Phillips Petroleum Co., which is sinking two mines there, contracted with the Atomic Energy Commission to build a $9,500,000 mill to process 1,725 tons of ore a day into uranium concentrate. Like many another oil producer, Phillips is hedging its bets against the day that uranium becomes a major source of the world's energy...
...Oklahoma Democratic Senator Robert S. Kerr's Kerr-McGee Oil Industries, Inc.) is digging four mines and for $16 million is putting up a 3,300-ton-a-day mill, which will be the biggest in the U.S. Homestake Mining Co. has joined with Sabre-Pinon Corp. to build a 1,500-ton mill, which will go into operation by mid-1958. This December, Homestake also will finish a 750-ton mill, under construction in partnership with J. H. Whitney and Co., White, Weld & Co., San Jacinto Petroleum Corp. and Major General Patrick J. Hurley's United Western...
Search. Altogether, one mine is producing, one is near completion, nine more are being dug and four processing plants are going up. Companies are spending $75 million to burrow, build, and explore in this area. Within a year, Ambrosia Lake will have 7,275 tons of uranium mill capacity a day-about half the U.S. total. But Ambrosia Lake's mining men are plowing up surrounding areas in search of more ore. Floyd Odium's Lisbon Uranium Corp. is prospecting around nearby San Mateo Dome, and Superior Oil Co. (California), has struck ore 30 miles west...
...life insurance business, which the government did take over, nationalization schemes came to naught. The chief reason was that if India bought out Tata Steel it would not have funds to finance more steel capacity. The government decided to call in Russian, West German and British engineers to build three government-owned steel plants, let Tata live...