Milestones: Prospecting | ||
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nationally, is attributable to three factors: the abun- dance and purity of its ores; the manner their oc- currence; and its location, close to the Great Lakes. The last-named advantage it shares with the other Lake Superior ranges. If it were possible to value separately the different factors, this, with all that it connotes, would probably stand first. There are, by way of illustration, iron ore deposits in Brazil that in size dwarf the Mesabi, and in grade are much richer. Yet they have so far remained undeveloped, being from 300 to 400 miles distant from the coast. burgh costs $3.02. The rail haul in the two stages is about 230 miles; the lake haul, about 850. The charge for the former is $2.19, for the latter, including unload- ing, 83 cents. |
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