Word: coppers
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Dates: during 1970-1979
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China's biggest foreign aid project is in East Africa, where it has recently given a $400 million interest-free loan to Tanzania and Zambia for the creation of a 1,166-mi. railroad. The railroad, whose construction is scheduled to start this fall, will transport copper from the interior of Zambia to the Tanzanian coast. China has also pumped $60 million into Tanzania's first five-year plan. It has provided the guerrillas in Southern Tanzania with thousands of tons of arms and ammunition to be used in their forays into white-controlled Rhodesia, South Africa, Mozambique...
...Tomic, the former ambassador to the U.S., who is the candidate of Frei's Christian Democratic Party. Tomic, the 56-year-old father of nine, has criticized the Frei government's failure to reduce inflation and to move from "Chileanization" (51% ownership) to full nationalization of the copper industry...
...First it was the Gold Rush, then it was the Copper Rush, now it is the Oil Rush. After we drain Alaska of all its natural resources, who are we going to sell...
From his base in Denver, King in the past decade has built a complex of companies that explore for and exploit a wide variety of natural resources. Among them are oil and natural gas in the U.S., Canada and elsewhere, diamonds in South Africa, copper in Peru and ilmenite in Australia. Now King's realm is besieged. Stock in his King Resources Co. has collapsed from a high of $34 last year to $4.87 bid last week. Corporate officials concede that they are short of cash and having a hard time paying bills. Creditors have been pushing to collect...
They changed their tune when reports of gold filtered south from Nome and Fairbanks at the turn of the century. Some prospectors came with a pack and left with a bundle. The 1916 copper rush in Cordova was equally ruthless. The mines closed 20 years later, depleted. Only the fish?salmon, herring and halibut?kept the local economy going...