MINING: Future Assured

Finding an impurity in their copper that they could not get rid of, exasperated German copper miners of the early 18th Century called it kupjernickel (copper devil). Canadian Copper Co. felt the same way about nickel until 1902 when it combined with two U. S. companies that owned a nickel-refining process. The combine eventually became The International Nickel Co. of Canada, Ltd., which produces 85% of the world's nickel and made $24,000,000 in 1938's first nine months.

International's biggest producer is the Frood Mine near Sudbury, Ont., discovered by Prospector Thomas Frood, who sold his claim for $30,000. Deep beneath...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!