elephant n.— «Vale threw a party in Ulan Bator with samba dancers flown in from Brazil to mark the company’s arrival in Mongolia to search for another “elephant”—mining parlance for a big discovery.» —“Ivanhoe Seeks...
elephant n.— «Squeezing out the last drop from existing energy plays makes sense when so many rivals are going overseas to hunt for “elephants”—industry jargon for huge conventional reserves.» —“Penn West prefers to play...