Word: coppers
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Dates: during 1960-1969
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When thieves in Atlanta climb telephone poles to steal $5,000 worth of copper wire and when the government of Yugoslavia decides to reopen a copper mine that has been idle since the Middle Ages, it is a pretty good indication that there is a worldwide shortage of the metal. It was in recognition of that shortage that the U.S. Department of Commerce, trying to make sure that sufficient copper is available for Viet Nam needs, this month began requiring domestic producers to set aside 10%, instead of 7%, of their monthly production for the use of defense contractors. Warning...
...shortage of copper is acute, and it continues to be aggravated by strikes in the U.S., Zambia and Chile, the world's three major copper-producing countries. At the same time, supplies of other nonferrous metals are tightening, and prices are rising. In the last 18 months, tin has gone from $1.22 to $1.75 per lb., tungsten from $1.40 to $2.03, vanadium from $2.45 to $3.40. Mercury is so short that badmen in the Southwest, aping the Atlanta copper capers, have in the last four months stolen an estimated $70,000 worth of mercury from unattended gas-well meters...
Snow lay 25 inches deep. The houses were dark, the beerhalls deserted. Everything about the little (pop. 3,700) copper-mining community of Houghton, on Michigan's Upper Peninsula, suggested rural serenity...
...Atomic Energy Commission allows the company to sell uranium commercially, and nuclear-minded private utilities promise a rich future market. Nevertheless, Homestake is diversifying further, has lately entered partnerships to produce potash (for fertilizer) in Saskatchewan, iron in Australia, lead and zinc in Missouri, and is studying a copper mining investment in Mauritania...
...copper, the mineral in shortest supply, the Japanese have signed long-term contracts for the output of mines in Canada, the Philippines, Bolivia. Australia and the Transvaal of South Africa, are now guaranteed shipments of 122,600 tons annually...