Word: palmed
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Dave Morrison sits on top of an estimated $800 million in gold but can't get his hands on any of it. The 42-year-old Australian engineer went to the tropical island of Sulawesi in Indonesia's east five years ago to open a gold mine on a palm-studded hillock outside the provincial capital, Manado. He has yet to overturn one shovel of ore. A half-built processing plant sits idly alongside a dirt track. Among the only signs of activity to be spotted are in the picturesque bay nearby, where fishermen paddle wooden canoes. The mine...
...failure to launch can be seen as all the more frustrating because the country appears to be missing out on an epic global commodities boom. The archipelago of 17,500 islands is rich in natural gas, copper, coal, gold and other sought-after resources. Yet while some sectors, like palm oil, have seen exports surge, others have stagnated despite soaring commodity prices. A dearth of investment combined with aging fields has reduced the country's once formidable oil industry to near insignificance. Production has plummeted by one third in the past eight years. There may be undiscovered oil still...
...regions. It's been impossible to pump the stormwater out quickly because adjacent bodies of water are also above normal level. "We're in unchartered territory. I've never seen it this wet," says Bournique, executive director of the Indian River Citrus League, which includes 900 grower-members from Palm Beach County north to the Daytona Beach area. "It really was a one-in-100-year rainfall event for this region...
...fangs from its grille, is considered the good guy because, when he drives up to an old folks' home, he leaves the seniors alone and kills only a half-dozen doctors and nurses. In fact, Frank harbors his own insurrectionist tendencies. He's got an explosive embedded in his palm (it's not called a hand grenade for nothing), so that when he wins the race, and shakes hands with the President, there'll be a New World order - unless he's stopped by his navigator (Simone Griffeth), a secret spy for the insurgents...
...Some eyebrows were raised in Montenegro when the government agreed to a $5 million sale price for about 62 acres (25 ha) of land and a half-mile (0.8 km) stretch of palm-shaded shoreline facing a wide bay backed by mountains. But, contends Djukanovic, "you either sell the land or buy a project. We bought a project." In addition to creating an estimated 5,000 jobs when finished, the investors agreed to clean up the waters around the site, buy out about 480 workers who lost their jobs when the shipyard shut down, and upgrade Tivat's sewage...