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...contain gigantic amounts of petroleum, but up to now the cost of extracting it has not been justified by the price. Some of the Sisters have moved heavily into metals, a field in which their geologists have considerable expertise. Shell produced and sold $1.2 billion worth of aluminum, copper, zinc and nickel last year, enough to rank it among the top 100 firms on the FORTUNE 500 index even...

Author: /time Magazine | Title: Business: The Seven Sisters Still Rule | 9/11/1978 | See Source »

...require up to a year to get the copper mines working again. In addition, the mines of Kolwezi account for about 90% of Zaïre's cobalt output-roughly half of the world's annual supply of that strategic metal-as well as sizeable quantities of zinc...

Author: /time Magazine | Title: World: Inside Kolwezi: Toll of Terror | 6/5/1978 | See Source »

Aluminum, one of the lightest and most malleable of metals, traditionally has been a cyclical business. But today its producers, almost alone among metal manufacturers, are exulting over prosperous stability. Makers of steel, zinc, nickel and copper are ailing because of surging costs and rising cheap imports, but the aluminum industry cannot keep up with demand...

Author: /time Magazine | Title: Business: Aluminum's Makers Exult | 4/3/1978 | See Source »

...rest of Canada, most of the province's population huddles along a narrow ribbon in the south; the vast majority of Quebecois live within 50 miles of the St. Lawrence, and 82% live within 200 miles of Montreal (pop. 2,758,780). Quebec is rich in iron, copper, zinc and timber, and produces 80% of the non-Communist world's asbestos. Its 450 rivers give it huge reserves of hydropower. Vast hydroelectric projects, like the $16.2 billion James Bay complex now under construction (see map), have made Quebec one of the world's major centers of aluminum production. The province...

Author: /time Magazine | Title: CANADA: Secession v. Survival | 2/13/1978 | See Source »

...legal probes were not giving Bluhdorn enough headaches, G & W, which has several operating companies, ranging from Paramount Pictures in Hollywood to New Jersey Zinc Inc., has a heartache with its earnings. While operating revenues for the first three quarters of fiscal year 1977 are up 7.2%, net income is down 11 % because of depressed prices for sugar and paper, two big G&W divisions. The company's enormous long-term debt of $1.1 billion must be serviced, at high cost. A sizable investment portfolio that includes stakes in such companies as Simmons (mattresses), Wurlitzer (juke boxes), Amfac (sugar...

Author: /time Magazine | Title: CORPORATIONS: Blues for Mr. Charlie | 7/18/1977 | See Source »

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