A reader glancing through early issues of The Northern Miner will no doubt come across the name Hollinger quite frequently in news stories. The reference might be to the spectacular gold mine in the Timmins area of northern Ontario; to Benny Hollinger, who staked the property and uncovered his precious find in 1909; and/or to the company, whose fame spread and is said to have countless shareholders around the globe.
Today, the Hollinger company is not a mining concern but a publishing outfit with newspaper and other interests in Canada and elsewhere. The company is controlled by Conrad Black and it was recently in the news when struck a deal with Torstar Corp. to acquire Torstar’s 22.6% interest in Southam Inc. for $259 million.
Should the purchase, which is subject to regulatory approval, go through, it will be a re-unification of sorts for Hollinger and this newspaper, Southam having bought The Miner from Richard Pearce in late 1989.
What goes around, comes around. And as anyone in the mining industry will confirm, it really is a small world out there.
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