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:
“The history of modern art is also the history of the progressive loss of art’s audience. Art has increasingly become the concern of the artist and the bafflement of the public.”
—Henry Geldzahler (1935–1994)
“It takes a great deal of history to produce a little literature.”
—Henry James (1843–1916)
“In the history of the United States, there is no continuity at all. You can cut through it anywhere and nothing on this side of the cut has anything to do with anything on the other side.”
—Henry Brooks Adams (1838–1918)