Mount Isa Mines - History

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:

    If usually the “present age” is no very long time, still, at our pleasure, or in the service of some such unity of meaning as the history of civilization, or the study of geology, may suggest, we may conceive the present as extending over many centuries, or over a hundred thousand years.
    Josiah Royce (1855–1916)

    America is, therefore the land of the future, where, in the ages that lie before us, the burden of the World’s history shall reveal itself. It is a land of desire for all those who are weary of the historical lumber-room of Old Europe.
    Georg Wilhelm Friedrich Hegel (1770–1831)

    It is the true office of history to represent the events themselves, together with the counsels, and to leave the observations and conclusions thereupon to the liberty and faculty of every man’s judgement.
    Francis Bacon (1561–1626)