Word: mined
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...vanished now, and what they wore, what they did when the great snowstorms came. Keillor knows that childhood is the small town everyone came from. He talks again of his uncle Lew: "It seems to me that the presence of children is the redeeming feature in storytelling, his and mine too. Without them, it's all pleasant enough, but it's just nostalgic. And I'm not really very interested in that. For children, who have a great deal of curiosity about what happened before they came along, I'm willing to work hard." --By John Skow. Reported by Jack...
...well as producers. It assigned production quotas to members and then bought up surplus tin whenever international prices fell below a certain level. The surplus metal was then gradually sold off during times of greater demand, when prices were higher. The cartel does not include all nations that mine or import tin. The U.S., the world's largest tin importer, has not been a member since 1982. Nonetheless, the organization for years was able to influence the world price for the metal...
...Follow the ore. In the ocher landscape of the Pilbara, in Australia's remote northwest, you'll see what China's appetite for minerals can do to a region - and for mining companies and their shareholders. In 2004, Australian iron-ore exports to China increased by 41%. In such a strong market, Chinese steel producers agreed to a 20% price rise. But if miners had been able to dig up the ore and ship it out faster, the Chinese would have bought even more. Mining company Rio Tinto has been selling iron ore to China for three decades...
...looking increasingly nuclear. Australia has the world's largest uranium reserves. The two countries are working on a nuclear safeguards agreement. "We believe in the peaceful use of nuclear energy," says Foreign Minister Downer. Although environmentalists are not the political force they have been in the past, uranium mine expansions or a Chinese stake in the industry would bring protesters to the streets. The Howard government has changed the way Australia addresses Chinese human rights violations by pursuing what Downer describes as a "practical and constructive" bilateral dialog rather than by condemning China in a meaningless vote in Geneva. Critics...
...Follow the ore. Perhaps a future Chinese president will have gained a Rio Tinto scholarship to study at the Australian National University or honed her engineering skills at a Pilbara mine. Beyond this week's landmark visit by Prime Minister Howard, Australia's quiet revolution will continue. The long view could be just as surprising for 1.3 billion Chinese...