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The President of Honduras, Marco Aurelio Soto, offered companies that invested in the mine in San Juancinto a 20-year exemption from all taxes.In 1880, Julius Valentine, of New York City founded the New York and Honduras Rosario Mining Company, exchanging 50% of the Company's stock for the mining rights of the El Rosario deposits at San Juancito which were owned by Soto.
The Benson Mine is an iron-ore mine located near Star Lake, a village in the southern St. Lawrence County, New York. The ore body at Benson Mine was discovered in 1810 by engineers conducting a survey for a new military road from Albany to Ogdensburg. [1] In the 1950s, the mine was considered the largest open pit iron-ore mine in the world.
South Carolina had a number of lode gold mines along the Carolina Slate Belt. [42] The Haile deposit was discovered in Lancaster County in 1827, and at least 257,000 troy ounces (8,000 kg) of gold were extracted intermittently between then and 1942, when the gold mine was ordered closed as nonessential to the war effort. Beginning in 1951, the ...
Homestake Mining Company was one of the largest gold mining businesses in the United States and the owner of the Homestake Mine in Lead, South Dakota. Founded in 1877, it was acquired by Barrick Gold in December 2001. Homestake was the longest-listed stock in the history of the New York Stock Exchange.
A new community was established in 1943 for the mine workers which was called Tahawus. By 1945, Tahawus had 84 buildings. Some of the buildings left over at Adirondac were also used. Forty million tons of titanium were extracted at the National Lead Industries' mines before operations ceased in 1989. [1]
In 1920, the United Comstock Mines Company was organized by prominent Comstock mining engineers Roy Hardy and Alex Wise with financial backing by New York businessman Harry Payne Whitney. United Comstock consolidated ownership of the entire Gold Hill section of the Comstock Lode, representing 5,000 feet of strike length and a mill site in ...
The Golden Fleece Mining and Milling Company (New York), probably already founded in 1879, [1] but incorporated on April 22, 1882, in Tompkins County, New York, [2] with a capital of $1,000,000, was a San Francisco Stock and Exchange traded mining company. [3]
The fastest clipper ships cut the travel time from New York to San Francisco from seven months to four months in the 1849 California Gold Rush. [1]A gold rush or gold fever is a discovery of gold—sometimes accompanied by other precious metals and rare-earth minerals—that brings an onrush of miners seeking their fortune.