Word: mininger
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Dates: during 1950-1959
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How big is the boom in uranium? How long will it last? Last week, for the first time, the Atomic Energy Commission gave businessmen a dazzling glimpse into uranium's future. After "phenomenal development" in discovery and mining since 1948, said AEC's Raw Materials Chief Jesse Johnson...
Nor is any peak in sight. Despite the upswing in uranium strikes (TIME. Jan. 31), AEC needs still more ore, estimates that most known deposits will be exhausted by 1962. Said Johnson: "A high rate of discovery will be required to maintain scheduled production levels." Although at least twelve ore...
As reports of this and other strikes came into Salt Lake City, uranium's Wall Street, brokers were happily riding the crest of a new boom in trading, the biggest rush since last May's frantic buying of penny stocks. The boom then was founded on paper claims...
The biggest claim buyer of all is Atlas Corp.'s Floyd Odlum, who bought out Vernon Pick's Delta uranium mine for $9,000,000 (TIME, Sept. 6), is now on his way to gathering up the biggest acreage. His Federal Uranium Corp. will combine his Federal Uranium...
THE SELF-BETRAYED, by Joseph Wechsberg (301 pp.; Knopf; $3.95). Czech-born Author Wechsberg often patrols the same prose beat as Tyrolean-born Ludwig Bemelmans; on it the major misdemeanors are underdone Wiener Schnitzel and overdone Central European whimsy. Wechsberg strays off his favorite beat in his second novel, a...