Word: mined
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Dates: during 1960-1969
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...defend his daughter, Leary testified that the marijuana "was mine and I am solely responsible...
Perpetual Squeeze. Homestake has been profiting handsomely from its Lead mine for 88 years despite obstacles that have driven every other major U.S. gold producer out of business. While wage and material costs have risen steadily, the price of gold has been pegged by the Government at $35 per oz. since 1934, creating a perpetual squeeze on profits. For three years during World War II, the Government suspended gold mining, transferred workers to vital war industries. Many owners simply decided not to reopen once the war was over; most of those who did soon went under...
...Homestake mine was discovered in 1876 by a prospector named Moses Manuel. The following year he sold the claim for $70,000 to a San Francisco syndicate headed by George Hearst, father of Publisher William Randolph Hearst, who was later to use the family's Homestake fortune in building his newspaper empire. Today it is run by Chairman Donald McLaughlin, 74, former head of Harvard's geology department, and by John K. Gustafson, 59, president, chief executive officer-and once one of McLaughlin's students...
Still, no lode is limitless, and though Homestake gold ore reserves are 16 million tons, the company is diversifying. "A mining company that stays with its mine is a liquidating venture," says McLaughlin. In 1953 he moved Homestake into uranium, which has since supplanted gold as the company's leading moneymaker, last year provided $2,500,000 of its $4,950,000 total profit on overall sales of $29.4 million. As with gold, the Government was the sole legal customer and fixed the price; besides, the Administration announced that its need for uranium would be satisfied...
...Secretary of State, Lady Mary explained: "Oh, if I came suddenly to a great fortune and set up my coach, I should like to show it to the neighbouring village, but I could not carry you with me, for people might doubt whether it was your coach or mine. But if you would let me carry your cat with me, I would; for nobody would think it was the cat's coach...