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The Emma Silver Mine is a currently inactive silver mine near Alta, Utah, in the United States.The mine is most noted for an attempt in 1871 by two American business promoters, including Senator William M. Stewart and James E. Lyon, to make a profit by promoting the depleted silver mine to British investors.
Known as the Emma Mine (the origin of the name of the Big Emma ski run in Snowbird's Gad Valley), the soldier's find eventually produced more than $3.8 million in silver. At its peak, 8,000 people lived and worked in the narrow canyon, which held two smelters, 138 homes, hotels, boarding houses, stores and a railroad.
Alta has been important to the development of skiing in Utah. Alta was founded about 1865 to house miners from the Emma mine, the Flagstaff mine, and other silver mines in Little Cottonwood Canyon. Sensationally rich silver ore in the Emma mine enabled its owners to sell the mine at an inflated price to British investors in 1871.
Kyle Kimmerle, whose family owns more than 100 uranium mining claims in Utah, said he won't be rushing out for new land. "The current price of uranium is not likely to warrant any new claiming ...
While most of his failing companies were British, he was involved in an international scandal involving the fraudulent sale of shares in the exhausted Emma Silver Mine at Alta, Utah. [2] He was declared bankrupt in 1877, but attempted to regain his fortune by establishing a new bank in 1878. [ 1 ]
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Richard Daniel "Dick" Bass (December 21, 1929 – July 26, 2015) was an American businessman, rancher and mountaineer. He was the owner of Snowbird Ski Resort in Utah and the first man to climb the "Seven Summits", the tallest mountain on each continent.