Word: ores
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Dates: during 1950-1959
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Meanwhile, the race went on, to heightened public interest. Of the 97 starting cars, only 35-all but two U.S. models-finished out the race. Among the starters who dropped out: Hershel McGriff of Portland, Ore., winner of the 1950 race. The two foreign cars that went the route, both lightweight 1951 Italian Ferraris, came in first and second. Leading the pack was Italy's white-haired Piero Taruffi, who finished fourth last year. Taruffi's Ferrari covered the 1,933 miles at an average speed of 88.2 m.p.h., 9.8 m.p.h. faster than McGriff's 1950 mark...
...free, independent, privately endowed colleges and universities . . . And unless it recognizes and meets this obligation, I do not believe it is properly protecting the long-range interests of its stockholders, its employees, and its customers . . . If it is necessary for us to spend millions of dollars to beneficiate the ore which goes into our blast furnaces . . . then why is it not equally our business to develop and improve the quality of the greatest natural resource of all-the human mind...
...news was good, but not good enough. None of the new White Pine or Anaconda production will start until 1954. Before mining begins, Anaconda must build a plant to process its low-grade ore; White Pine must build a steam power plant, railroad connections, mill and smelter facilities, and an entire new town to house...
...Diggings. Why hasn't U.S. copper output bounced upward like steel and aluminum? The fact that even a giant like Anaconda needs the promise of a Government subsidy gives part of the answer. Like the rest of the copper industry, Anaconda has mined its richest ores, left little but high-cost ore in the ground. A hundred years ago, mined ore in the U.S. averaged 20% copper; now it averages less than...
Extracting copper from such low-grade ore is enormously expensive. To open his Nevada mine, "Con" Kelley had to buy a sulphur mine 60 miles away, to get sulphuric acid needed for the concentrating process. Because exploration is even more expensive, Kelley and others are now going through old diggings to get out the high-cost ore that had been bypassed. Anaconda alone is spending $27 million to tap 130 million tons of such ore in its famed Butte, Mont, properties and another $100 million to process low-grade ore in Chile...