Word: ungava
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...businessmen were at work. In Australia, Pepsi-Cola Co. was spending $1,200,000 to buy and renovate two factories, and Borden Co. was planning a new milk-processing plant. In Canada, Cleveland's M. A. Hanna Co. was developing the rich iron-ore deposits in the Ungava area of Northern Quebec and Labrador, a project that may cost $200 million. Automaker Henry J. Kaiser had landed a $2,500,000 contract with Israel to build an auto assembly plant in Haifa. In Latin America, considered an "undeveloped" area by Point Four planners, some of the biggest U.S. companies...
...bleak Ungava,* the stunted tamarack had turned burnt amber and each morning light snow frosted the tough caribou moss. For the engineers probing the biggest iron ore deposit since Minnesota's Mesabi, it was time to call it a summer. Day after day a little Norseman seaplane dipped down on to Quebec and Labrador lakes, picked up men and supplies, moved them back to the main base at Burnt Creek (pop. 190). This week the twelve drills were operating close by Burnt Creek. Next week they would be silent, and the year's work would...
Hollinger Consolidated Gold Mines Ltd. of Montreal and its U.S. partner in the Ungava venture, the M. A. Hanna Co. of Cleveland (which holds a 40% interest), were happy over the summer's work. Their engineers had already proved 300 million tons of high-grade...
...riches in the trough straddling the border of Quebec and Labrador. When Dominion Geologist A. P. Low talked about the deposits 50 years ago, Mesabi was just coming into its own, and nobody was interested in the subArctic wilderness. In 1937, when Quebec Geologist Joe Retty came out of Ungava with a more detailed report of high-grade iron ore, Mesabi was still king. But as war demand cut deep into Mesabi, Retty's reports became more interesting. By 1942 Hollinger President Jules Timmins was ready to gamble $5,000,000 on Ungava. Since then exploration drills have been...
...mile rail line ($100 million to build and equip) will be finished next year. The line will take three years to complete. Hollinger already has an eye on Eaton Canyon's 350-ft, waterfall, with its 500,000 h.p. potential, for a power source. Production in Ungava is probably five years away, and some $200 million will be poured into it before a ton of ore is set down at dockside...