Word: mininger
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Dates: during 1950-1959
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Clyde E. Weed, 65, was elected president of Anaconda Co., succeeding Robert Emmett Dwyer, 70, who is retiring after 53 years with the company. Weed, the company's mining boss since 1938, will be the first engineer in 41 years to head Anaconda, the world's biggest copper...
Education: Christ Church, Oxford, where he won the presidency of the Oxford Union debating society, co-founded the university Conservative Club. In 1929, aged 25, was defeated by Socialist in a hopeless try for a Welsh mining-district seat, went on debating tour of 48 U.S. campuses, where he good...
Mining and exploration costs have gone up 51.6% between 1951 and 1955. At current prices, even big outfits run into serious cost problems. Estimates are that a 2,000-ton ore deposit becomes unprofitable at depths of 90 ft., that even a 10,000-ton deposit cannot be mined successfully...
The bustle on Bay Street is the result of Canada's long-lived boom in speculative oil and mining issues that sell for a few cents to a quarter a share. Of the 1.5 billion shares traded in Toronto last year (more than double the 1954 record), all but...
On to Toronto Street. While Canada's ore-rich economy has surged irrepressibly ahead since World War II, the boom might have bypassed Bay Street if President Trebilcock had never ventured, via the World, into a financial career. After working up to business editor, he quit to study mining...