Word: cerro
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Dates: during 1950-1959
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...Standard-Vacuum Refining Co.; the Ralph M. Parsons Co. of Los Angeles has five projects abuilding in Japan, three in India, three more in Turkey and Iran, others in Sweden, England, Canada, Alaska, Hawaii and Colombia. San Francisco's Bechtel Corp. has been in Venezuela building the Cerro Bolivar iron-ore development (TIME, June 1) for U.S. Steel, is now on the other side of the world building a 100,000-bbl.-a-day oil refinery in Aden for the Anglo-Iranian...
That was not all. Led by a guide provided by Rio Grande's Mayor Adalberto Cuevas, the young archeologists tramped through a jungle full of screaming parrots to a steep slope called Cerro del Sapo (Toad Hill). Overlooking the blue Pacific was a second slab with two Picasso-like figures carved on it. Locally called Los Reyes (The Kings), the stone is still revered as a miracle-working idol. The people of the vicinity make pilgrimages to it to pray for rain, and the carvings show traces of wax from their votive candles. Near it is another carved stone...
...null mountain of ore was discovered seven years ago in a worldwide iron search by U.S. Steel Corp. Since then, Orinoco Mining Co., U.S. Steel's Venezuelan subsidiary, has been working on the problems of how to get the stuff out of such a remote, tropical place. Cerro Bolivar ore coats the top of the mountain like a turtle shell. It is brought down in 93-car trains which have to be eased cautiously down a 3% grade for nine miles under smoking brakes. Against the chance that the brakes might fail, special sidetracks were built to switch...
...baseball-sized chunks of iron ore tumbling into the hold of a Swedish freighter. When the ship was properly "topped off," her hatchcovers were closed and she steamed downstream with the first cargo of ore for the U.S. from the steel-hungry 20th century's greatest ore find, Cerro Bolivar...
...Steel has spent $175 million developing Cerro Bolivar. Whole towns were built: Ciudad Piar at the mountain, Puerto Ordaz on the river. But now the payoff starts. The rich hematite and limonite (eventually 10 million tons a year) will feed the $400 million Fairless Works at Morrisville, Pa.-where the first ore will arrive next week...