Word: nickels
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...some as far as 65 miles from the strike site. Texas Gulf Sulphur will spend $20 million to develop its Timmins properties, and such Canadian firms as Noranda Mines, Hudson's Bay and Consolidated Mining together have raised their exploration budgets in the area by $10 million. International Nickel put 30 surveyors to work, some in helicopters, and even staked more than 40 claims to the Timmins airport-under which copper is thought to be buried...
...they have exploited that country less than the U.S. Some recent changes now make the effort and expense worthwhile. World prices of copper, lead and zinc have jumped because of political unrest in Chile and Africa. This year also, prospectors struck oil in Alberta, gas in British Columbia and nickel in Manitoba. Geologists estimate the value of the Timmins find at $1 billion, and many of them believe it ultimately will return much more...
...biggest solid-propellant booster ever tested, and the simple fact that it developed 1,000,000 lbs. of thrust, exactly as planned, was a technical triumph. Lockheed engineers also man aged to test several new rocket-motor features on their roaring monster. The casing was made of a new nickel steel, only ⅜ in. thick; the lining of the booster's throat, seared by exhaust gases, was made of reinforced plastic, far lighter than conventional graphite: jettabs pushed into the racing exhaust to simulate steering. Each of the novelties worked perfectly on the first...
Added Snyder: "We saw nothing here that could not easily be corrected by the Johnsons themselves, without a nickel of federal funds or a single federal program-if, of course, they really cared...
...Kentucky Derby. But the $10,900 winner's purse attracts few really promising horses. "If you enter a lot of little races, you're just spinning your wheels," says Calumet Farm's Trainer Jimmy Jones. "You can't run a racing stable on nickel-and-dime pots." And yet, there in the winner's circle, his pudgy face twisted into a gleeful grin, stood Jimmy Jones with Ky. Pioneer, which had just carried the devil's red and blue of Calumet to victory in the Hutcheson Stakes, of all races. The runner-up: Calumet...