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Word: coppers (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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Usage:

...before the vessel got stuck in the ice in the McClure Strait. The Manhattan broke loose 24 hours later and headed toward the Beaufort Sea. Should the Manhattan's voyage be successful, the way will then be clear to bring Alaska's wealth of iron, zinc, copper and sulphur readily to market as well...

Author: /time Magazine | Title: Business: THE RICHEST AUCTION IN HISTORY | 9/19/1969 | See Source »

...than the cost of piping the oil from Prudhoe Bay to the ice-free southern Alaska port of Valdez for shipment to the Pacific Coast. This would not only make North Slope drilling practical and profitable, but would encourage development of Alaska's huge deposits of iron, sulfur, copper and other minerals. The Manhattan expedition could provide other benefits as well. By opening up the Northwest route for commercial shipping, it would cut the distance between New York and Tokyo by 3,320 miles and save shippers both time and money...

Author: /time Magazine | Title: Business: A $40 MILLION GAMBLE ON THE NORTHWEST PASSAGE | 9/5/1969 | See Source »

...abrasive tensions between Zambia's blacks and whites (who constitute 1.5% of the population), are on the rise. Recognizing the importance of the mines to his country, Kaunda met two years ago with Chile's President Eduardo Frei to discuss an arrangement to help maintain world copper prices and quotas. Although no price-fixing agreement resulted from their talks, Frei's nationalization of the Chilean copper industry, beginning in 1967, probably stimulated Kaunda to take a similar step in Zambia...

Author: /time Magazine | Title: Mining: Nationalization in Zambia | 8/22/1969 | See Source »

...Kaunda's action entails serious risks for his country. Zambia has neither the capital nor the skills to run the mines by itself. Kaunda must rely heavily on both the companies and their remaining 5,000 white miners to keep operations going. Only the steadily rising price of copper, now at a high of 740 per pound, has enabled Zambia to maintain a favorable balance of payments in recent years. Any decline in copper prices as a result of an end of the war in Viet Nam, the discovery of new sources, or the increased use of other minerals...

Author: /time Magazine | Title: Mining: Nationalization in Zambia | 8/22/1969 | See Source »

...expropriated American firms for their losses in three years, foreign investors have been understandably slow to sink new funds into operations there. Peru's military junta has frightened outside investors by its seizure of International Petroleum Co.'s properties last October. The U.S.-owned Southern Peru Copper Corp., which was ready to invest $350 million to develop its copper ore concession a year ago, now seems less interested in expansion, and is refraining from committing itself until it has a better idea of the junta's plans...

Author: /time Magazine | Title: Mining: Nationalization in Zambia | 8/22/1969 | See Source »

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