CANADA: Bonanza in the Bush

Beside an ice-blue lake deep in the glacier-scoured hills of central Quebec, spinning diamond drills last week probed and measured a great new underground treasure trove. In Chibougamau, 320 miles north of Montreal, the discovery of a vast deposit of copper ore has set off a lively boom in the wilderness and assured the free world an important new source of a scarce and strategic metal.

Chibougamau* was a long time coming into its own. For more than half a century. Canadian mining men knew of its copper-ore outcroppings, but because of...

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