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.

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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.

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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.

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

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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.

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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.

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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.

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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.

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

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

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

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

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

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

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

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

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

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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.

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