Word: gold
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Dates: during 1980-1989
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...notes. "They forget me as soon as I'm off MTV. I'm glad." That kind of confidence can come not only from satisfaction in his work but also from a sense that the work has paid off. Out just a month ago, the new album has already gone gold: the title cut, released as a single, sounds similarly hit-bound. It is a ravishing love song, slightly world-weary and bracingly off-center, nostalgic for better loves and wiser times...
That kind of enterprise has brought TIME shooters a raft of awards this year, including top honors in photojournalism's three major competitions: the University of Missouri Magazine Photographer of the Year, the Overseas Press Club's Robert Capa Gold Medal and the World Press Photo's Oskar Barnack Award...
...setting was an unlikely place to announce the largest corporate takeover in Britain. Employees of Consolidated Gold Fields, the world's second largest gold producer, had gathered last week at the London Zoo for a dinner party to celebrate the company's rebuff in May of a hostile takeover bid by South African-controlled Minorco. Not until the meal was over did ConsGold Chairman Rudolph Agnew inform his troops that the company's board had accepted a $5.5 billion takeover bid from Hanson PLC, the $12.5 billion British group whose holdings include Jacuzzi and Farberware...
...Hanson, the company's chairman, and Sir Gordon White, head of U.S. operations, have built their empire by acquiring assets at bargain prices and then selling off pieces to pay down their debts. As a result, the 102-year-old ConsGold, which owns 49% of Newmont Mining, the largest gold producer in the U.S., is likely to be split up. Some of its divisions may wind up in the hands of the company's first suitor, Minorco...
Prime Minister Mieczyslaw F. Rakowski told Bush the speech "contained many thoughts permeated with realism." But Foreign Minister Tadeusz Olechowski said his nation was not looking for "a rain of gold...