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...floor at depths between 14,000 ft. and 17,000 ft. are carpeted with so-called manganese nodules, potato-size chunks of manganese mixed with iron, nickel, cobalt and other useful metals. In the 1970s, Howard Hughes used the search for nodules as a cover for building the ship Glomar Explorer, which was used to salvage a sunken Soviet sub. Now several mining companies are drawing up plans to do with more up-to-date equipment what Hughes only pretended...

Author: /time Magazine | Title: THE OCEAN FLOOR: THE LAST FRONTIER | 8/14/1995 | See Source »

...EXCHANGE SPOOKED CIA OFFICIALS WHO HAVE LONG SUSpected that the Soviet Union had a spy in the agency during the cold war. Speaking to an American delegation in Moscow recently, a Russian intelligence officer revealed intimate knowledge of a 1974 mission in which the U.S. salvage ship GLOMAR EXPLORER raised a sunken Soviet nuclear submarine in the central Pacific. American experts said such knowledge could only have come from a classified film of the supersecret operation. The still unanswered question: How did Moscow get the film...

Author: /time Magazine | Title: Spy Vs. Spy | 11/2/1992 | See Source »

...Soviets have good reason to be vigilant. In 1968 a Soviet submarine sank in the Pacific. Six years later the CIA sent a supersecret salvage platform ship, the Glomar Explorer, to the site; it succeeded in raising part of the ship, along with the bodies of 70 Soviet crewmen, from 3 miles down. But no missiles or codes are known to have been recovered. Today, says Navy Spokesman Lieut. Ken Ross, the Glomar Explorer is "being retained for Navy contingency use at the Maritime Administration site in Suisun Bay, Calif. If there's something that comes up and we determine...

Author: /time Magazine | Title: Deep Secrets | 10/5/1987 | See Source »

Citizen Hughes contains plenty of grist for a Potomac potboiler: the role of Hughes Tool Co. in building the Glomar Explorer, the secret submarine-recovery vessel; Hughes' plans to run Nevada Governor Paul Laxalt for President; Robert Maheu's part in a half-baked CIA plot to poison Fidel Castro. But the book's chief merit is its direct access to the mind of a callous and frightened man. His fears about antitrust suits, Las Vegas competition and staff loyalty pale before his phobias. Dreading germs, he dictated a "Procedures Manual" for handling anything he was to touch: "Wash four...

Author: /time Magazine | Title: Books: Mad Money in High Places Citizen Hughes | 2/18/1985 | See Source »

...vice president declared that the new field could contain up to 300 million bbl. Other industry estimates put it as high as 500 million bbl., and one Government expert says the ultimate potential could be 1 billion bbl. Such heady forecasts have drillers scrambling. Texaco is already operating the Glomar Atlantic, a drillship, in the area, and Phillips has dispatched a rig from Africa's Ivory Coast to help with the exploration. Last week Exxon requested federal permission for a $3 billion project to boost production at Santa Ynez, a separate oil deposit only 27 miles away, which...

Author: /time Magazine | Title: Black-Gold Rush | 11/29/1982 | See Source »

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