19 Facts About Anaconda Copper

Anaconda Copper Mining Company, known as the Amalgamated Copper Company between 1899 to 1915, was an American mining company headquartered in Butte, Montana.

In 1899, with Hearst and Tevis deceased, Haggin retired and Daly restructured the company, into the Amalgamated Anaconda Copper Company bringing in H H Rogers and William Rockefeller.

In 1922, Anaconda Copper bought mining operations in Mexico and Chile; the latter hosted the largest mine in the world and for a time yielded two-thirds of the company's profits.

Anaconda Copper was purchased by the Atlantic Richfield Company on January 12,1977.

Anaconda Copper was a mining superintendent of the Alice, a silver mine in Walkerville, a suburb of Butte.

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In 1883, Daly built a smelter at Anaconda Copper, Montana, building a company town to support the workers, and connected his smelter to Butte by his Butte, Anaconda Copper and Pacific Railway.

In mid-October 1895 the Rothschilds, French and British, bought out the stock in Anaconda Copper held by Hearst's widow, Phoebe Apperson Hearst, for $7.

Anaconda Copper's widow began a close friendship with a shrewd, intelligent businessman, John D Ryan, who assumed the presidency of Daly's bank and management of his widow's fortune.

Anaconda Copper was managed by the Ryan-Kelley team and was growing fast, expanding into the exploitation of new base metal resources: manganese and zinc.

In 1926 Anaconda Copper acquired the Giesche company, a large mining and industrial firm, operating in the Upper Silesia region of Poland.

Anaconda Copper ranked 58th among United States corporations in the value of World War II-military production contracts.

Anaconda Copper tasked its engineers with devising new techniques to keep mining profitable.

Anaconda Copper sank a new shaft, the Kelly, and the mine began producing in 1948.

In 1956 Anaconda Copper netted the largest annual income in its history: $111.

In 1977 Anaconda Copper was sold to Atlantic Richfield Company for $700 million.

The Anaconda Copper Company controlled the economic and political dealings throughout Montana well into the mid-1900s.

Marcus Daly, an Anaconda Copper supporter, used his power over the papers to further his cause.

Anaconda Copper collar symbolized oppression and control to the people of Butte.

The Anaconda Company used the copper collar to gain control of the papers and legislature, and the miners wanted to establish a union to gain some control over their working conditions.