Word: zinc
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BASIC-METALS SLUMP will cause American Metal Co., Ltd., one of the biggest international producers of lead, zinc, silver and copper, to merge with fast-growing Climax Molybdenum Co. American will swap $141.3 million worth of stock for Climax, merge it into new company called American Metal Climax, Inc. American Metal's nine-month earnings slipped to $8,579,062 from last year's $14,869,617, but Climax's net for same period rose to $11,443,953 from...
...here to woo American miners. I want to convince them of the possibilities of exploitation of my country." He pointed out that Burma's government-sponsored Foreign Investment Act, which is expected to be passed early next year, will open up the country's nationalized lead, coal, zinc, tungsten and tin mines to private operation on a lease from the government. U Tin U himself has applied for the Lone Chang zinc mine, announced that he was willing and able to put 200,000 Burmese kyats ($16,000) into its development, wants a foreign partner...
...LEAD, ZINC TARIFF will probably jump 100% to 200% soon to give depressed domestic producers a boost. With U.S. prices down to 14? per lb. for lead and 10? for zinc, Tariff Commission is expected to recommend doubling lead duty to 2.55?, tripling zinc tariff...
TROUBLED MINING INDUSTRY will soon drop into deeper hole because U.S. Government will stop stockpiling lead, zinc. With zinc prices down to 10? a lb. v. 13½? three months ago, Southwest's Eagle-Picher Co. will lay off 1,100 workers by closing its lead and zinc mines in Oklahoma, Missouri, Kansas. Other big mine shutdowns are on their way in New Jersey, Nevada, California...
...German industrial companies worth well over $1 billion, which it inherited from the Kaisers and the Nazis. These control 90% of the nation's lignite mining, 50% of its. iron-ore mining, 20% of its hard-coal mining plus much of its production of aluminum (70%), lead (42%), zinc (28%), oil (18%) and steel (5%). The state also controls 100% of the German railway (total employment: 500,000) and telegraph systems...