Word: mcmoran
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Dates: during 1980-1989
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...Robin Van Norman drives a visitor into a verdant canyon sited down by U.S. Forest Service land in the Independence Mountains. Until gold was discovered, the Van Normans owned the rights to graze their cattle there. Now, on the very fence they built to control their herd, the Freeport-McMoRan Gold Co. has posted a big KEEP OUT sign. Waste rock from the mining operation has begun pushing toward the canyon like a moraine advancing at the prow of a glacier...
...Already the more progressive companies have embarked on efforts to ameliorate the eyesores their mining operations have created. The Pinson Mine on the Getchell Trend, in which Livermore has an interest, is actively transforming waste-rock dumps into gently rolling hills planted with sagebrush, bitterbrush and crested wheat. Freeport-McMoRan, for its part, has hired a wildlife biologist to take charge of its reclamation activities. It has laid ambitious plans to hide its footprints by recontouring and reseeding old exploration roads, waste dumps and leaching heaps...
Experienced people are in such heavy demand that the large oil companies have serious difficulty keeping prized employees. Shell Oil is rumored to have lost some 100 geologists and geophysicists since the beginning of the year. McMoRan Oil & Gas Co. of New Orleans, for instance, has lured five scientists away from bigger firms since 1977 by offering them stock options of up to 30,000 shares each. The company's strong Wall Street performance has now made all five of them millionaires...