Word: tinto
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...covered wilderness north of Lake Huron, Canada's uranium industry came of age last week. The occasion was the official opening of two big mines. Algom-Quirke and Algom-Nordic, in the world's richest uranium field, the Blind River camp. The mines were opened by Rio Tinto Mining Co. of Canada Ltd., a subsidiary of the 84-year-old British mining firm, Rio Tinto Co., Ltd. of London, which acquired them along with other Blind River properties from Brooklyn-born Joe Hirshhorn for $60 million in cash and securities. At peak the mines will soon be turning...
CANADIAN MINING DEAL, one of the biggest in the country's history, will throw together Uranium King Joseph Hirshhorn's properties (TIME, Feb. 21, 1955) with Britain's big Rio Tinto mine interests. For $34 million in stocks and bonds, Hirshhorn has sold his holdings in the Blind River area (Pronto Uranium, Pater, Plum...
Peach, etc.) to Rio Tinto, which will merge them into a new company with Hirshhorn as board chairman and biggest stockholder...
...which for two years has been developing rich uranium claims in a 3O-mile-square tract of land in Canada's Blind River summer-resort area, just north of Lake Huron. Under the deal a group of international mining and financial interests, headed by Britain's Rio Tinto Co., Ltd. (whose chairman...
...hundred years and more, a tinto has sold for 5 centavos. Last week inflation-harried café owners asked the price control board to raise the ceiling price to 10 centavos (6?). From Colombians who had shrugged off other price boosts rose a thunder of protest that boomed across the misty Bogota savannah to echo in subtropical Cali and industrial Medellin...