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The Iron Age 1920-12-30: Vol 106 Iss 27

1920 Reed Business Information US

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ESTABLISHED 1855 THE IRON AGE New York, December 30, 1920 VOL. 106: No. 27 terey Iron & Steel Co. Buys Durango Ore Moun- 5 tain‘and Begins Completion of Tube Mills and 7 roma ST ORE stable conditions in Mexico have en- Mi couraged the Monterey Iron & Steel Co., at Monterey, Mexico, to make long con- templated extensions of its business, including the purchase of the well-known Durango moun- tain of iron ore, commonly spoken of as “Iron Mountain.” This is situated near the city of Du- rango and consists of a mass of solid ore about one and a third miles long by one third of a mile wide and 200 to 400 ft. high. Reports of experts who have examined the deposit indicate that a con- servative estimate of the quantity of ore in sight, above the level of the plain, is 360,000,000 tons, analyzing about 60 per cent iron. The ore in this mountain is specular hematite, martite, or magnetite, according to locality. It is generally hard or massive, although at one end, where the only mining has been done, it comes.out as a fine powder, or the lumps disintegrate into powder upon exposure. This powdery ore is suit- Interrupted by Recent Revolutions able as “fix” in puddling furnaces because of it…

Citation

The Iron Age 1920-12-30: Vol 106 Iss 27. Reed Business Information US. 1920.