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...through the uranium country in the Western states, ore has piled high outside the mines as production outsped the expansion of uranium refineries. One of the biggest stacks of ore lies outside the rich ($60 million in proved reserves) Mi Vida mine of Charles Steen, the onetime oil geologist who discovered Mi Vida when he was almost penniless, thereby touched off southeast Utah's first big uranium strike (TIME...

Author: /time Magazine | Title: INDUSTRY: Biggest Uranium Mill | 6/27/1955 | See Source »

...colonial Kenya, the best farmlands are the Highlands, known as the White Highlands because only white settlers are permitted to own land there. Forty-three thousand whites share about 12,000 sq. mi. of the Highlands, while the colony's 5,300,000 Africans are crowded into 52,000 sq. mi. of less desirable farmlands down below, or scrabble for their living in the arid, underdeveloped "Crown Lands" -a euphemism for wilderness. For many years the million-strong Kikuyu tribe, less uneducated than most and peacefully inclined, talked hopefully of expanding their holdings into the White Highlands; instead...

Author: /time Magazine | Title: KENYA: Open the Highlands | 6/20/1955 | See Source »

...Union Miniére du Haute-Katanga (UMHK) has a concession of 13,000 sq. mi., larger than Belgium itself. It pays its principal stockholder, the government, $50 million a year in taxes, its private investors $25 million. Then there is Huilever, which has a palm-oil concession of more than 4,000,000 acres...

Author: /time Magazine | Title: CONGO: Boom in the Jungle | 5/16/1955 | See Source »

ARGENTINE oil lands will soon be opened up to U.S. companies. To solve his nation's chronic fuel problem (60% imported), President Juan Perón is ready to sign a deal for Standard Oil of California to develop a 23,000-sq.-mi. tract in Santa Cruz Territory south of the 48th Parallel; Standard of California will sell its oil on the domestic market first, be able to export any surplus. Similar agreements totaling $200 million will also be signed this month with Shell Oil and Standard Oil (NJ.) to develop another huge tract in the Neuquen area...

Author: /time Magazine | Title: Time Clock, Apr. 11, 1955 | 4/11/1955 | See Source »

...defend Matsu and Quemoy at all cost. On-the-spot military observers give Chiang little or no hope of holding the offshore islands against Red invasion without U.S. intervention. Matsu, although farther from the mainland "than Quemoy, is considered more vulnerable because of its small size (roughly 7 sq. mi.). On Matsu Chiang has one regular division, all the troops (10,000) the island will accommodate efficiently. Dug in on Quemoy's 70 sq. mi. are about 50,000 Nationalist regulars, one-fifth of Chiang's entire effective ground force...

Author: /time Magazine | Title: THE NATION: Time of Decision | 4/4/1955 | See Source »

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