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Asarco
ASARCO (American Smelting and Refining Company) is a mining, smelting, and refining company based in Tucson, Arizona, which mines and processes primarily copper. The company has been a subsidiary of Grupo México since 1999. Its three largest open-pit mines are the Mission, Silver Bell and Ray mines in Arizona. Its mines produce of copper a year. ASARCO conducts solvent extraction and electrowinning at the Ray and Silver Bell mines in Pima County, Arizona, and Pinal County, Arizona, and operates a smelter in Hayden, Arizona. ASARCO's smelting plant in El Paso, Texas, was suspended in 1999 and then demolished on April 13, 2013. Before closing, the plant produced of anodes each year. Refining at the mines as well as at a copper refinery in Amarillo, Texas, produce of refined copper each year. ASARCO's hourly workers are primarily represented by the United Steelworkers. ASARCO has 20 superfund sites across the United States, and it is subject to considerable litigation o ...
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Grupo México
Grupo México is a Mexican conglomerate that operates through the following divisions: Mining (Minera Mexico), Transportation (Ferromex, GMxT), Infrastructure and Fundacion Grupo Mexico. Founded in 1978, Grupo México became a significant player in the mining industry, responsible for 87.5 percent of Mexico's copper production by 2000. The company has faced ongoing conflict with the Mexican Mine Workers' Union and acquired a controlling interest in Southern Copper Corporation, Southern Peru Copper Corporation in 2004. A litigation over the equity sale of SPCC is ongoing, with Grupo México's $2.5 billion bid for ASARCO recommended for acceptance in 2009. The company is the largest mine operator in Mexico and Peru, and the third largest in the United States. It is the fourth largest copper producer worldwide and controls the largest copper reserves globally. Grupo México operates the second largest transportation division in Mexico and the U.S. states of Texas and Florida, ownin ...
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Hayden, Arizona
Hayden is a town in Gila and Pinal counties in Arizona, United States. According to the 2010 census, the population of the town was 662. History Hayden was founded in 1909 and owned by the Kennecott Copper Corp. In 1912, the company built a smelter named the "Hayden Smelter". It was the tallest smelter chimney in Arizona. The mine is now owned by the American Smelting and Refining Company. The town is now in the process of becoming a ghost town. One of the main reasons the people are abandoning the town is that the crime rate is much higher in Hayden than the Arizona average crime rate. It is also much higher than the national average crime rate in the rest of the United States. Pollution is another factor which has contributed to the abandonment of the town by its residents. The illegal amounts of lead, arsenic and eight other dangerous compounds released by the smelter were so huge that in 2011, the U.S. Environmental Protection Agency (EPA) took action against the smelt ...
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Anton Eilers
Frederic Anton Eilers (14 January 1839 – 22 April 1917) was an American metallurgist and smelting and refining entrepreneur who co-founded the American Smelting and Refining Company, known today as ASARCO. Early years Frederic Anton Eilers was born in Laufenselden, Nassau, Germany, Jan 14, 1839, to Ernest Julius Adolph Friederich and Elizabeth Dielmann Eilers. He grew up in the farming community of Mensfelden in the Duchy of Nassau, then attended the German High Schools of Weilburg and Wiesbaden. In 1856 he spent one year at the Clausthal mining academy and two at the University of Göttingen. Shortly after his graduation from college in 1859, he, his mother, and his twelve-year-old sister Emma left for the United States. Early work In 1863, he married Elizabeth Emrich. Soon after, Eilers was offered a position with Adelberg & Raymond, a partnership between Justus Adelberg and Rossiter W. Raymond that specialized in mining consulting. He worked there three years, learning about t ...
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Ray Mine
The Ray mine is a large copper mine in Pinal County, Arizona, near the town of Kearny, in the southwestern United States. ASARCO, a subsidiary of Grupo México, currently owns the mine, which it acquired from Kennecott Copper in 1986. The Ray mine has one of the largest copper reserves in the United States, with proven and probable reserves of of ore grading 1.73% copper, . Copper from the Ray mine goes to the Hayden Smelter Hayden Smelter is a copper smelter at Hayden, Arizona, owned and operated by ASARCO. It has a tall chimney, which is the tallest free-standing structure of Arizona. It processes copper from the Ray mine. In 2011, the Environmental Protection A .... See also * Ray, Arizona References External links * {{official, https://www.asarco.com/about-us/ray-operations/ Ray mine tour at YouTube Copper mines in Arizona Geography of Pinal County, Arizona Open-pit mines ...
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Guggenheim Family
The Guggenheim family ( ) is an American-Jewish family known for making their fortune in the mining industry, in the early 20th century, especially in the United States and South America. After World War I, many family members withdrew from the businesses and became involved in philanthropy, especially in the arts, aviation, medicine, and culture. History Meyer Guggenheim, a Swiss citizen of Ashkenazi Jewish ancestry, arrived in the United States in 1847. His surname derived from the name of the Alsatian village of Gougenheim. He married Barbara Meyer, whom he met in the United States. Over the next few decades, their 11 children and their descendants became known for global successes in mining and smelting businesses, under the name Guggenheim Exploration, including the American Smelting and Refining Company. In the early 20th century, the family amassed one of the largest fortunes in the world. Following World War I, it sold its global mining interests and later purch ...
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Bunker Hill Mining Company
The Bunker Hill Mining Company is a mining company with facilities in Kellogg and Wardner, Idaho. Early history Simeon Reed bought the Bunker Hill Mine and Mill, and incorporated the Bunker Hill and Sullivan Mining and Concentrating Company on 29 July 1887. John Hays Hammond was hired to manage the mine, and a new concentrator, The Old South Mill, became operational in 1891, capable of 150 tons per day. Hammond became president on 2 July 1891, followed by Nathaniel H. Harris on 15 June 1893, when company headquarters were located in San Francisco. William Henry Crocker, of Crocker National Bank, served as treasurer, in addition to being the major stockholder. When the mining boom began in the Coeur d'Alene, Idaho mining district, the area was lightly inhabited. The Bunker Hill and the Sullivan companies built a boarding house for miners in 1887. By 1894, the company employed 332 workers, and in the late 1890s, the company built single-family houses to attract family men ...
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Dow Jones Industrial Average
The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (), is a stock market index of 30 prominent companies listed on stock exchanges in the United States. The DJIA is one of the oldest and most commonly followed equity indices. It is Price-weighted index, price-weighted, unlike other common indexes such as the Nasdaq Composite or S&P 500, which use Capitalization-weighted index, market capitalization. The DJIA also contains fewer stocks, which could exhibit higher risk; however, it could be less volatile when the market is rapidly rising or falling due to its components being well-established large-cap companies. The value of the index can also be calculated as the sum of the stock prices of the companies included in the index, divided by a factor, which is approximately 0.163 . The factor is changed whenever a constituent company undergoes a stock split so that the value of the index is unaffected by the stock split. First calculated on May 26, 1896, the ind ...
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Pollution
Pollution is the introduction of contaminants into the natural environment that cause harm. Pollution can take the form of any substance (solid, liquid, or gas) or energy (such as radioactivity, heat, sound, or light). Pollutants, the components of pollution, can be either foreign substances/energies or naturally occurring contaminants. Although environmental pollution can be caused by natural events, the word pollution generally implies that the contaminants Human impact on the environment, have a human source, such as manufacturing, Extractivism, extractive industries, poor waste management, transportation or Agricultural pollution, agriculture. Pollution is often classed as point source pollution, point source (coming from a highly concentrated specific site, such as a factory, Environmental effects of mining, mine, construction site), or nonpoint source pollution (coming from a widespread distributed sources, such as microplastics or agricultural runoff). Many sources of po ...
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Leonard Lewisohn (philanthropist)
Leonard Lewisohn (October 10, 1847 – March 5, 1902) was an American merchant and philanthropist. Biography He was born in Hamburg, Germany, to Jewish parents, Julie and Samuel Lewisohn. In 1863, Samuel, a prominent Hamburg merchant, sent Leonard and his brother, Julius Lewisohn, to the United States, as his firm's representatives; about three years later they were joined by their younger brother, Adolpg, and they formed the firm of Lewisohn Brothers in January 1866. As early as 1868, the firm turned its attention to the metal trade, becoming prominent dealers in lead during that year. He married Rosalie Jacobs on June 29, 1870, in Manhattan. They had the following children: Jesse Lewisohn (1871–1918), Julia Lewisohn (1872–1927), Samuel Lewisohn (1875–1898), Lillie Lewisohn (1876–1976), Florence (Florine) Lewisohn (1878–1903), Walter Pickett Lewisohn (1880–1938), Frederick Lewisohn (1881-1959), Alice Lewisohn (1883–1972), Aaron Oscar Lewisohn (1884–1917 ...
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Trust (business)
A trust or corporate trust is a large grouping of business interests with significant market power, which may be embodied as a corporation or as a group of corporations that cooperate with one another in various ways. These ways can include constituting a trade association, owning stock in one another, constituting a corporate group (sometimes specifically a conglomerate (company), conglomerate), or combinations thereof. The term ''trust'' is often used in a historical sense to refer to monopoly, monopolies or near-monopolies in the United States during the Second Industrial Revolution in the 19th century and early 20th century. The use of corporate trusts during this period is the historical reason for the name "United States antitrust law, antitrust law". In the broader sense of the term, relating to trust law, a trust is a legal arrangement based on principles developed and recognised over centuries in English law, specifically in Equity (law), equity, by which one party convey ...
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Adolph Lewisohn
Adolph Lewisohn (May 27, 1849 – August 17, 1938) was a German Jewish immigrant born in Hamburg who became a New York City investment banker, mining magnate, and philanthropist. He is the namesake of Lewisohn Hall (which formerly housed the Columbia University School of Mines and now houses the School of General Studies and the School of Continuing Education) on the school's Morningside Heights campus, as well as the former Lewisohn Stadium at the City College of New York. In 1926 Time magazine called him "one of the most intelligent and effective workers on human relationships in the U.S." Early life Adolph Lewisohn was a son of Samuel Lewisohn (1809–1872) and his wife Julie (died 1856). He was born in Hamburg on May 27, 1849, and grew up with two brothers and four sisters. At the age 16 Adolph emigrated to New York City to assist his brothers, Julius and Leonard Lewisohn (philanthropist), Leonard Lewisohn with the family's mercantile business, Adolph Lewisohn & Son, which was ...
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