Metal Mining - Methods-On-The-Job

THE degree to which our mineral requirements are being met by mining leaner, more complex or more remote deposits is indicated by developments during 1953. Heavy capital investment, skilled technical advice, planning, and able execution are requirements for the typical venture. Producers, faced with rising costs and with softer prices, are seeking improved mining and recovery. Developments in production of iron ore are typical of the course being followed in metal and nonmetal mining. Iron ore development in the U. S. is concentrated on the spectacular work with Lake Superior taconite, while in Canada new production is expected from Labrador and output from Steep Rock, Algoma, and Newfoundland is being increased. Shipment of iron will soon be made from Venezuela.