Rensselaer Semi-Weekly Republican, Volume 22, Number 39, Rensselaer, Jasper County, 1 February 1901 — Newfoundland’s Wealth of Iron Ore. [ARTICLE]

Newfoundland’s Wealth of Iron Ore.

What the gold reefs of Johannesburg are to the Transvaal, the Wabana iron beds are. to Newfoundland. They form immense deposits of rich, red hematite ore, three miles long, and several hundred feet wide, and showing 34,000,000 tons in sight above the water. The beds dip downward at an angle of eight degrees, and it is believed that they extend below r the sea in practically unlimitedquantity, though what is now in sight will suffice for a generation’s work. To all Intents purposes the miue is open quarry. The ore is got at by chopping off a surface covering of &arth and rock, and then loosening the hematite with charges of dynamite.