Word: uranium
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...greatest earnings jump was reported by Anaconda Co., the copper-mining giant which is also the biggest U.S. producer of uranium. Profits rose 70% to an alltime high of $111 million, or $12.84 a share v. $7.52 in 1955. Chairman Roy H. Glover showed his confidence in the economic future by announcing a huge new expansion plan. Anaconda will raise more than $100 million by offering 1,734,865 new shares to stockholders on a one-for-five basis. It will be the company's first stock financing since...
...arrived in Denver from New Orleans, Ed said: "I met them at the airport, installed them in a motel and took off that same afternoon for an assignment in Montana." After that he kept on traveling over the Rocky Mountain states, covering regional politics, Indian affairs, Colorado's uranium boom and the birth of the U.S. Air Force Academy, as well as week-to-week news breaks. To help his children trace his travels, Ed hung an airlines map of the U.S. on the living-room wall at home. Each trip, RM lined up the kids, varying...
After the war Whitney managed the John Hay Whitney Foundation and his $10 million investment firm (sample risks: uranium in New Mexico, frozen orange juice in Florida), which has doubled its worth since 1946. More and more he interested and involved himself in politics. He was for Ike before Chicago, contributed heavily to the Eisenhower-Nixon 1952 campaign, served afterward on presidential committees on higher education, foreign-service organization and foreign economic policy. He called regularly on Dulles, played golf and bad bridge with Eisenhower...
...catalyzed fusion could be made practical, it would have advantages over known methods of releasing nuclear energy. It would not require expensive fuel, as uranium fission does, and it would not create dangerously radioactive fission products. It would not need excessively high temperature, as thermonuclear (H-bomb) reactions do. It might burn peacefully, almost like an old-fashioned fire of chemical fuel...
...report: "The current program has attained its goal of geographic dispersion of vital components of the weapon 'assembly line.'" To feed that hungry line, and to provide for tomorrow's civil atom-power market, the U.S. has become "the world's greatest producer of uranium with more than 1,000 mines now operating...