MINING: The New Uranium King

Joseph H. Hirshhorn is a fast-talking cigar-chewing promoter from Brooklyn who quit school at 14 to support his mother, was a millionaire at 29 and now, at 55 says he hasn't the faintest idea how much he is worth. "After the first million," explains Hirshhorn, "unless a man loves money, it's all meaningless." Last week Promoter Hirshhorn signed a multimillion-dollar agreement that had plenty of meaning, as well as money, for him. The deal will make him the No. 1 uranium producer of Canada, if not the world.

The deal involved Algom Uranium Mines, Ltd., a company controlled by Hirshhorn...

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