Word: copperizing
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...Nixon Administration is aware that such an incident could cause further damage to an already fragile relationship. It is also mindful that negotiations will soon be held to determine the value of U.S. copper properties that are to be nationalized by the Chilean government. Accordingly, Washington has adopted a stance of calculated ambiguity toward Chile. Last week the Administration decided to grant Santiago $5,000,000 in credits for the purchase of paratroop equipment and a $4,000,000 C-130 military transport. It was the first new military aid since the Allende government came to power last October...
...money does not go in one direction. Most of the $100 million-a-year diamond crop from the Skeleton Coast and offshore sea beds is harvested by South Africa's De Beers. The Pretoria government reaps roughly $50 million in taxes from diamond and other mining, including U.S. copper and zinc interests. An ambitious British-backed development in uranium mining is one of several new ventures in the region...
...wisecracks turned to wonderment. Could he do it? Could this rank unknown, this invader from Venezuela-Venezuela?-make off with the most coveted honor in U.S. horse racing, the Triple Crown? Last week a record crowd of 81,036 came to find out, as the big (16.1 hands) copper colt went to the post in the $125,000 Belmont Stakes, the final jewel in the Triple Crown. A fleet, frantic 2 min. 30.2 sec. later, the fans at Belmont and millions more watching on TV in the U.S. and Venezuela had the answer...
...Indeed it is probably fair to say that much of the high-level corruption in Viet Nam today can be traced directly to the complicity of Americans. Last April, for example, a Vietnamese minister asked a U.S. aid official to sign an export permit for 22,000 tons of copper (price: $1,000 a ton), claiming the copper came from generator wiring picked up in Cambodia. The official signed the paper, thereby testifying that the copper did not consist of brass casings. The Criminal Investigations Division decided otherwise; it confiscated the shipment and arranged...
Perhaps the most obvious change in Australian life has been spurred by the mining boom of the past five years, which has more than offset the steady decline in farm income. There have been sizable finds of uranium, copper, lead, zinc, nickel, oil and natural gas. A huge bauxite mine is being developed in the remote Arnhem Land in the Northern Territory. But the center of the expansion lies in Western Australia, which occupies 1,000,000 sq. mi. and has about as many residents. At Kalgoorlie, where Herbert Hoover once managed a gold mine, vast nickel strikes have revived...