Word: goldings
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Dave Morrison sits on top of an estimated $800 million in gold but can't get his hands on any of it. The 42-year-old Australian engineer went to the tropical island of Sulawesi in Indonesia's east five years ago to open a gold mine on a palm-studded hillock outside the provincial capital, Manado. He has yet to overturn one shovel of ore. A half-built processing plant sits idly alongside a dirt track. Among the only signs of activity to be spotted are in the picturesque bay nearby, where fishermen paddle wooden canoes. The mine...
...There are limits to what any elected President can accomplish in the diverse and far-flung island nation. To many Indonesians, the wrangling over economic policy is a sign of a healthy democracy. Sarundajang, the North Sulawesi governor, points out that the original contract allowing Archipelago to dig for gold in his province was signed in 1986, during the Suharto years, when citizens' wishes were disregarded. The struggle against the mine, he contends, is a struggle to correct the sins of the past. By opposing the mine, he says he wants to "give a salute to [Hugo...
...Indonesia's failure to launch can be seen as all the more frustrating because the country appears to be missing out on an epic global commodities boom. The archipelago of 17,500 islands is rich in natural gas, copper, coal, gold and other sought-after resources. Yet while some sectors, like palm oil, have seen exports surge, others have stagnated despite soaring commodity prices. A dearth of investment combined with aging fields has reduced the country's once formidable oil industry to near insignificance. Production has plummeted by one third in the past eight years. There may be undiscovered...
...Still, there are those who see too much opportunity to quit the country. At the Sulawesi gold-mine site, Dave Morrison has begun hiring contractors to complete facilities construction. Archipelago hopes to start digging next year. "Everyone is telling the truth from their own aspect," Morrison says of the controversy surrounding the mine. "I'm confident that things will move forward." If Indonesia's leaders did more to reinforce that confidence, perhaps the country's promise, like its gold, won't always seem out of reach...
...Haskins, The Hall of Fame college basketball coach who died Sept. 7 at age 78, wasn't unique. That's too broad a term. He was a pure gold original. There will never be another like...