Word: uranium
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...flimsier stuff. Gambia, which gained its freedom only last year, is too new and too tiny to give Prime Minister David Kairaba Jawara immediate cause for concern. French troops keep Gabon's President Léon Mba propped up in return for rights to his nation's uranium deposits. In Malawi, Prime Minister Hastings Banda is a demagogue who has banned everything except starvation, remains arrogant only because his army numbers only 800 men and is still commanded by British officers who are happy with the status quo. And, when Bechuanaland becomes independent in September, Prime Minister Seretse...
...Madrid and Washington, the two governments revealed that only one of the three recovered bombs had actually survived the fall intact. Some of the TNT detonators on the other two had exploded on impact and ruptured the shell casing, permitting some radioactive plutonium and uranium to scatter over 18 acres in the impact area. However, there was no cause for alarm, Spain's Nuclear Energy Board quickly assured. Of the 2,000 "potentially exposed" people in the area, 1,800 had been examined thus far, and none had received a dangerous dose. What is more, added the board, "there...
Still, no lode is limitless, and though Homestake gold ore reserves are 16 million tons, the company is diversifying. "A mining company that stays with its mine is a liquidating venture," says McLaughlin. In 1953 he moved Homestake into uranium, which has since supplanted gold as the company's leading moneymaker, last year provided $2,500,000 of its $4,950,000 total profit on overall sales of $29.4 million. As with gold, the Government was the sole legal customer and fixed the price; besides, the Administration announced that its need for uranium would be satisfied...
Plants are rising because costs are coming down. A combination of improved reactors and lower-cost uranium has not only made nuclear power competitive with conventional power but made it the cheapest of all available forms of electricity in many parts of Europe. German power experts calculate that a large modern nuclear plant can churn up power for 6 to 61 mills per kilowatt-hour v. 71 to 9 mills for an equivalent coal plant. Hydroelectric power is cheaper than both, but is not widely available. Switzerland and Sweden are opting for nuclear power because they are running...
...area of disarmament, Goldberg unveiled some new policy proposals. The U.S., he said, is now ready "to transfer 60,000 kilograms of weapons-grade U-235 to non-weapon uses if the Soviet Union would be willing to transfer 40,000 kilograms." The energy in 60,000 kilograms of uranium 235 is roughly equal to two-thirds of the total electricity consumption of the U.S. for a whole year-and the suggestion represents the first time that the U.S. has ever proposed to Russia the actual destruction of the warhead containers as well as the transfer of megatons of fissionable...