Word: caronies
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...project will analyze the Guayana region at the Caroni and Orinoco Rivers, an area of rich resources. The new city, to be called Santo Tomas de Guayana, is epected to be ready for a population...
Already, substantial industrial development has started, including a recently completed dam on the Caroni River, a government-owned steel mill, and railroad installations which bring iron ore down the Orinoco...
Inland from Venezuela's Caribbean coast some 200 miles, the swift, black Caroni River plunges into the chocolate-colored Orinoco. Southward from this junction of two mighty streams lie jungles and sandy scrublands studded with low, reddish mountains. This poor-looking expanse is one of the world's great storehouses of iron. West of the Caroni looms Cerro Bolivar, blanketed with 500 million tons of high-grade ore. Farther west lies another iron mountain, El Trueno, endowed with 150 million tons. On the other side of the Caroni. Bethlehem Steel Corp. gathers up 3,000,000 tons...
...Boom Backstop. Within a few years, Venezuela will be using part of its ore to make steel at home. An Italian combine is under contract with the Venezuelan government to build a $200 million, 421,500-ton-a-year steel mill near the mouth of the Caroni. Last week, a few miles up the Caroni from the mill-to-be, the workmen, trucks and power shovels of a French construction firm were clearing a site for a government-owned hydroelectric plant that will provide 143,000 kw. for steelmaking, plus another 157,000 for the region's future industrial...
...boom, thoughtful Venezuelans sometimes wonder what might happen to their economy if some adverse development-widespread utilization of atomic energy, perhaps, or big new oil finds in other countries-rubbed the bloom off the boom. Industrial growth based on abundant iron ore and the huge hydroelectric potential of the Caroni promises to put a second powerful prop under the economy, and make Venezuela's future more secure...