Political and commercial geology and the world's mineral resources
Science
Political and commercial geology and the world's mineral resources
Geology, Economic; Mines and mineral resources
The Mond Nickel Co. is controlled by British interests. It owns the
following mines: Garson, Worthington, Levack, Victoria and Kirkwood.
The Levack has proven reserves of good ore amounting to 4,500,000 tons.
The reserves of the other mines are not given.
The British-America Nickel Corporation, Ltd., has $20,000,000 of common
stock, of which $14,500,000 is held by the British government in the
name of Alan Anderson, trustee. By the end of 1916, this company had
11,000,000 tons of workable ore blocked out. Its mines are the Murray,
Gertrude, Elsie, Blue Lake and Frood Extension. The reserves of the
Murray alone are put at 9,000,000 tons.
In the southeastern part of the district an ore body 7,500 feet long,
10 to 120 feet thick, and extending to a depth of 1,020 feet in one
place at least, has been found recently in diamond drilling operations
by the E. J. Longyear Co., of Minneapolis. This company and its
associates, all American, control the ore body. The ore tonnage of
this deposit is estimated at 6,000,000 tons above the 500-ft. level. A
few drill holes have gone to greater depths and found ore. It is not
possible to estimate the reserves of this deposit below the 500-ft.
depth.
The Alexo Mining Co. Ltd., which is mining the Alexo ore deposit north
of the Sudbury district, is a Canadian concern. An estimate of the
quantity of ore in this deposit is not available, but the deposit
is small compared to that of the Sudbury district. The total may be
several hundred thousand tons.
The largest and most important owners of nickel-holding lands in _New
Caledonia_, in relative order of the importance of their holdings,
are: (1) La Société le Nickel, a company which has been mining in the
island for many years. (2) The International Nickel Co., represented
in New Caledonia by its two subsidiary companies, The Nickel
Corporation and La Société Minière Caledonienne. The International
does not mine in the island, but some of its lands are worked on
lease by persons associated with La Société le Nickel. (3) Les
Hauts-Fourneaux de Noumea.[73]
[73] Report of Ontario Nickel Commission, 1917, p. 253.
La Société le Nickel was under control of the Rothschilds of France at
the time of the discovery of the Sudbury deposits. Mr. F. E. Merry, an
English metallurgist, in testifying to the Ontario Nickel Commission,
reported that Germans were in control of the company at the outbreak
of the war. The German firm of Krupp had also acquired some nickel
property in New Caledonia.
The International Nickel Co., the second largest holder of New
Caledonian nickel lands, is the same American firm which owns the
Canadian Copper Co.
Les Hauts-Fourneaux de Noumea is owned, at least since the outbreak of
the war, by French interests.
Public-domain text, read in full here on John Shaqi.
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