Word: lode
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...rush is on in a thousand old mining locations across the country, including parts of New York, Pennsylvania and Georgia. The richest-and most crowded-site is the Mother Lode, a network of streams cutting through the High Sierra in Northern California. There at General John Suiter's mill, 90 miles south of Downieville, James Marshall set off the great gold rush of 1849 by discovering a shiny gilt object smaller than a pea. While the Mother Lode has yielded a billion dollars' worth of gold since then, geologists estimate that the vast majority of the region...
Tapping a lode worth billions...
...have been of no use to atomic-power plants. The government, fearful that mining would damage the Australian environment and that exports might encourage nuclear proliferation, has forbidden exports since 1973. Last week, however, Prime Minister Malcolm Fraser decided to permit mining companies to develop and export the mammoth lode...
Four mining companies, led by Ranger, in which the Australian Atomic Energy Commission has a half interest, are geared up to go. At least one mine will be in full production by 1981, with others following in short order. At current world prices, the lode is worth an estimated $35 billion. As one Wall Street analyst, Andrew Racz, of Philips, Appel and Walden Inc., says: "Uranium could be to Australia what oil is to Saudi Arabia...
...canned goods. Old-fashioned lemonade arrives canned. Presidential memoirs come canned. American sport is canned and packaged, produced and directed until naturalism and spontaneity are fled. Sport appears in the living room marketed as fun and games. More deeply, big-time sport is profit and loss. It is a lode for the television industry...