History
In 1923 the orebody containing lead, zinc and silver was discovered by the miner John Campbell Miles. The company Mount Isa Mines was founded 1924 but full scale production was not reached before 1931. The lead and zinc mining continued with a break between 1943 and 1946. The copper ore was first discovered in 1927 and production grew steadily with a peak between 1957 and 1965. Xstrata purchased Mount Isa Mines for A$2.9 billion in 2003.
Read more about this topic: Mount Isa Mines
Famous quotes containing the word history:
“Most events recorded in history are more remarkable than important, like eclipses of the sun and moon, by which all are attracted, but whose effects no one takes the trouble to calculate.”
—Henry David Thoreau (1817–1862)
“The basic idea which runs right through modern history and modern liberalism is that the public has got to be marginalized. The general public are viewed as no more than ignorant and meddlesome outsiders, a bewildered herd.”
—Noam Chomsky (b. 1928)
“In history an additional result is commonly produced by human actions beyond that which they aim at and obtain—that which they immediately recognize and desire. They gratify their own interest; but something further is thereby accomplished, latent in the actions in question, though not present to their consciousness, and not included in their design.”
—Georg Wilhelm Friedrich Hegel (1770–1831)