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Word: cobalt (lookup in dictionary) (lookup stats)
Dates: during 1960-1969
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...million to $40 million a year in taxes, royalties and duties, and by shipping its exports out through Rhodesia and Portuguese Angola, Union Minière throughout the Congo crisis has maintained its rank as the world's third biggest producer of copper and its biggest producer of cobalt. The company's sales did fall some 20% last year, but that was because of the slump in world metal markets. Union Minière actually raised its production of copper from 308,000 tons in 1959 to 324,000 tons last year...

Author: /time Magazine | Title: Africa: Katanga's Threatened Giant | 1/18/1963 | See Source »

...site of copper mines at the Rhodesian border. Ethiopian U.N. troops already occupied Elisabethville itself. But the big prize was Jadotville, a town of 90,000, where the giant Union Mini&3233;re mineral outfit produces one-third of its copper (110,000 tons) and three-fourths of its cobalt (6,600 tons) each year. Toward Jadotville, 70 miles from Elisabethville, moved a two-mile-long column of Indians commanded by Brigadier Reginald Noronha. a gutty soldier who munched hardboiled eggs while mortar shells burst around...

Author: /time Magazine | Title: The Congo: The U.N. Drives Implacably Ahead | 1/11/1963 | See Source »

...four-part program drawn up last August and designed to force Tshombe to bring his mineral-rich province back into the Congo. Fortnight ago, Thant decided to stir up some action. Off to Britain, Belgium, Portugal and South Africa went letters urging a boycott on the copper and cobalt that earn some $200 million in foreign exchange for Katanga's giant Union Miniere each year. Most merely shrugged. Then, Adoula wrote to 17 nations urging them to stop buying Tshombe's exports. Many of them would shrug...

Author: /time Magazine | Title: Congo: Toward a Showdown | 12/28/1962 | See Source »

...crack," sighed one Western diplomat in the Congo last week. But Moise Tshombe was holding out as stubbornly as ever for his region's autonomy, and for the lion's share of the vast concession fees of Ka tanga's Belgian and British-controlled copper and cobalt riches. As U.S. Under Secretary of State George McGhee conferred patiently in Elisabethville, hoping to convince Tshombe that Katanga must return to the Congo fold, U.N. Acting Secretary-General U Thant published a U.N. report from Leopoldville which charged that Tshombe was beefing up his stout little army with additional...

Author: /time Magazine | Title: Congo: Exit, King of Diamonds | 10/19/1962 | See Source »

Exports: Normally cobalt, copper, diamonds, palm oil, bananas. Per capita income: $90. U.S. aid (1961): $13.1 million. U.N. force defeated Communist efforts to infiltrate Congo, but has failed to end copper-rich Katanga's secession after two years. Even if once-prosperous country is reunited, it will take years to create a nation...

Author: /time Magazine | Title: THE NEW, INDEPENDENT AFRICA: | 8/3/1962 | See Source »

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