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Word: mining (lookup in dictionary) (lookup stats)
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...with a degree in "trading" (OK, fellow history majors, once but only once: Hah! Hah! Hah!). But at SocGen, a bank that had made a name for itself trading derivatives - the ever more exotic instruments now available to investors worldwide - he worked in what his colleagues sniffily called "the mine": a trading desk that made uncomplicated up-or-down bets on the direction of Europe's largest stock markets. Kerviel made about $145,000 a year...

Author: /time Magazine | Title: Masters of Mayhem | 1/31/2008 | See Source »

...impact of the power crisis on the national economy was underlined Friday when the country's gold mines suspended operations for fear that power cuts would trap workers underground. Gold Fields, which owns the world's largest gold mine, said the state-owned power utility Eskom, which supplies 95% of South Africa's electricity, had warned that outages could continue for a month. The world's No. 1 platinum producer, Anglo Platinum, also shut down production at all its South African mines. Gold and platinum prices soared to record highs on the news, spot gold reaching $923.40 an ounce...

Author: /time Magazine | Title: Gold Mines Go Dark in South Africa | 1/25/2008 | See Source »

...protect themselves during the operation, which involved Australian, Dutch, Afghan and British forces. Rietdijk says Spin Ghar uncovered many weapons caches without a single civilian casualty. But Australian SAS sergeant Matthew Locke was shot dead on a reconnaissance mission, and Dutch soldier Ronald Groen was killed by a mine. Rietdijk concedes that giving notice of the operation might have put troops at risk, but says "the advantage of avoiding casualties among civilians was more important." An Australian Defence spokesman declined to comment, but said its operational planning always involves "assessing the risk of civilian casualties and positively identifying enemy forces...

Author: /time Magazine | Title: Mission: Difficult | 1/24/2008 | See Source »

...thing that throws us off the scent is the birth-control pill. Women who are on the Pill--which chemically simulates pregnancy--tend to choose wrong in the T-shirt test. When they discontinue the daily hormone dose, the protective smell mechanism kicks back in. "A colleague of mine wonders if the Pill may contribute to divorce," says Wysocki. "Women pick a husband when they're on birth control, then quit to have a baby and realize they've made a mistake...

Author: /time Magazine | Title: The Science of Romance: Why We Love | 1/17/2008 | See Source »

...things all the kids want to work for before they end up working for Goldman. I assume you started this organization? (Incredulous, you shake your head.) (Angrily) Look, you’re not giving me much to work with here. This is your future, OK? Not mine. I have plenty of students who are ready and willing to use the embarrassment of riches we provide for future financiers. Now, let’s get down to business. And by business, I mean finding you a career in business. You’ll want to start applying to jobs through eRecruiting...

Author: By M. AIDAN Kelly, CRIMSON STAFF WRITER | Title: OCS Counseling Session for Souls | 1/17/2008 | See Source »

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