Word: chiles
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...barren mountain called India Muerto (Dead Indian), 9,000 feet up in the northern Chilean Andes, lies the world's newest major find of copper ore. The discovery, says Roy H. Glover, board chairman of Anaconda Co., "is the greatest and most important development in copper mining in Chile since the initiation in 1914 of Chuquicamata" -and famed Chuquicamata is the world's biggest copper ore body. Last week Chile's President Carlos Ibañez gave Anaconda* an official go-ahead to spend $53 million toward making Indio Muerto an active producer for the booming international...
...latest price boost was demanded by Chile, where Anaconda and Kennecott mine a critical 14% of the world's supply. The Chilean government, which now channels no more than one-third of its copper output to the U.S. understandably opposes U.S. producers' efforts to keep the price down because it gets a cut of company profits. Many U.S. industries also feel that the only way to get more of the metal is to lure Chilean copper back from Europe by matching Europe's price. The copper shortage in the U.S. has spurred use of substitutes; e.g., radio...
COPPER PINCH will be eased by a large-scale U.S. mining expansion in Chile. In a $100 million program, Anaconda Copper will spend $53 million to get its newly discovered Indio Muerto mines into production, expects them to add 100,000 tons of refined copper to the free world's annual production. The company will also increase production another 55,000 tons at two present mines...
Neither side would give ground. At last. Assembly President José Maza of Chile proposed a novel solution-Yugoslavia and the Philippines could agree to split the two-year Council term, draw lots to see which sits the first year. At a private meeting in Maza's office. Yugoslavia won the draw. Then, however, the Assembly balked at Maza's recourse to "lottery'' and insisted on more balloting. More balloting brought more deadlock, and finally Yugoslavia agreed, if elected, to resign from the Council after one year in the Philippines' favor. With that understanding...
...delegates sent by the U.S. National Student Association to an international conference in Chile, Einaudi spent ten days in Buenos Aires at the invitation of the main student organization of Argentina, the Federation Universitaria Argentina. With the cooperation of FUA and the government of General Lonardi, the Harvard junior was shown files kept by Peron on every university student in Argentina and was asked to publicize what he found to people in this country...