Word: copperizing
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South African operations: According to spokesman Bill Kestlen, U.S. Steel holds a minority equity interest in three small South African companies: Prieska Copper Mines, Feralloys, and Associated Manganese Minds of South Africa Ltd. The total number of employees of those companies is less than 100,000, Kestlen said, and U.S. Steel itself has no employees in the country. He added that a similar shareholder petition in 1981 was voted down...
...Phelps-Dodge copperworkers struck on July 1, 1983 after the company failed to sign a standard, industry-wide contract which all of the other companies in the industry did. Even after offers of substantial wage and benefit cuts by the copper workers, the company refused to continue to negotiate, but instead it hired non-union workers and began a movement to decertify the United Steel Workers of America from the right to bargain collectively on behalf of the workers. This means, in effect, that the copper mines would be de-unionized simply by firing all of the union labor...
...Although copper prices are so slow that the company loses money by continuing to operate the mines, it is continuing to do so. The union contends that the company is intentionally losing $30 million a year by doing so, but it is going ahead because continuing to operate will allow a decertification vote that will end unionization at the plant and considerably cut wages over the long run. In other words, the company is intentionally losing money in order to decertify the union so it can make more money when the price of copper goes up by paying its workers...
...group of scientists from the U.S., West Germany and Britain will begin their holiday celebrations by monitoring a unique experiment: the creation of the first man-made comet. A satellite orbiting some 70,000 miles above earth will release four canisters containing about 90 lbs. of barium and copper powder, worth $240,000. The powder will swell into a gaseous cloud 100 miles across that will glow pale yellow-green and then a dusky purple; as it expands, the cloud will grow a comet's classic tail...
...treacherous rocks and went straight down, without splintering, thus retaining much of its cargo. Bass and his fellow archaeologists were able to date the ship from at least two clues: a delicate double-handled Greek cup, similar to those made between 1400 and 1350 B.C., and the copper ingots, with their characteristic handles, which resemble one drawn on an Egyptian tomb at Thebes dating from 1350 B.C. The nationality of the vessel is suggested by the discovery of a miniature seal, no larger than a button, with markings similar to those used by the Greek merchants who dominated the ancient...