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Asarco
Asarco LLC (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 litiga ...
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Asarco Mission Complex
Asarco LLC (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 litigati ...
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Grupo México
Grupo México is a Mexican conglomerate that operates through the following divisions: Mining (Minera Mexico), Transportation ( GMxT), Infrastructure and Fundacion Grupo Mexico. Its mining Division is the leading Copper producer in Mexico and the third largest copper producer in the world through ASARCO. Its transportation division operates the largest rail fleet in México, with 11,000 km of track and more than 800 engines and 26,300 coaches. It interconnects five major inland Mexican cities, five cities along the border with the United States, 13 seaports (5 on the Pacific Ocean, and 8 on the Gulf of Mexico). History The company was founded by Raúl Antonio Escobedo and Larrea Mota Velasco in 1978. After the government of Carlos Salinas declared the state mining company bankrupt, Larrea purchased key Mexican copper mines in Cananea and Nacozari (cities in the state of Sonora). He also purchased numerous other mining sites, including coal mines in the state of Coahuila. ...
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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 smelter. ...
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Anton Eilers
Frederic Anton Eilers (14 January 1839 – 22 April 1917), considered the father of lead-smelting in the United States, was a successful 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 University of Technology, 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 th ...
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Superfund
Superfund is a United States federal environmental remediation program established by the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA). The program is administered by the Environmental Protection Agency (EPA). The program is designed to investigate and clean up sites contaminated with hazardous substances. Sites managed under this program are referred to as "Superfund" sites. There are 40,000 federal Superfund sites across the country, and approximately 1,300 of those sites have been listed on the National Priorities List (NPL). Sites on the NPL are considered the most highly contaminated and undergo longer-term remedial investigation and remedial action (cleanups). The EPA seeks to identify parties responsible for hazardous substances released to the environment (polluters) and either compel them to clean up the sites, or it may undertake the cleanup on its own using the Superfund (a trust fund) and seek to recover those costs from the ...
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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 centuries-old legal arrangement whereby one party conveys legal possession and title of certain property to a second party, called a trustee. While that trus ...
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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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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 was derived from the Alsatian village of Gugenheim. He married Barbara Meyer, whom he met in the United States. Over the next few decades, their several children and descendants became known for their 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 developed one of the largest fortunes in the world. Following World War I, they sold their global mining interests and later pu ...
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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 indexes. Many professionals consider it to be an inadequate representation of the overall U.S. stock market compared to a broader market index such as the S&P 500. The DJIA includes only 30 large companies. It is price-weighted, unlike stock indices which use market capitalization. Furthermore, the DJIA does not use a weighted arithmetic mean. 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 currently () approximately 0.152. 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 index is the second-oldest among U.S. mar ...
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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, Adolph Lewisohn, 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� ...
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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 School of Mines and now houses the School of General Studies and the School of Continuing Education) on the Morningside Heights campus of Columbia University , as well as the former Lewisohn Stadium at the City College of New York. Time magazine called him "one of the most intelligent and effective workers on human relationships in the U.S." Biography 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 with the family's mercantile business, Adolph Lewisohn & Son, which was named for his father. Adolph eventually becam ...
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William Rockefeller
William Avery Rockefeller Jr. (May 31, 1841 – June 24, 1922) was an American businessman and financier. Rockefeller was a co-founder of Standard Oil along with his elder brother John Davison Rockefeller. He was also part owner of the Anaconda Copper Company, which was the fourth-largest company in the world in the late 1920s. He was a prominent member of the Rockefeller family. Early years William Jr. was born in Richford, New York. He was the middle son of con artist William Avery Rockefeller Sr. and Eliza Davison. In addition to elder brother John, William Jr.'s siblings were Lucy, Mary, and twins Franklin (Frank) and Frances (who died young). He also had two elder half-sisters, Clorinda (who died young) and Cornelia, through his father's affairs with mistress and housekeeper Nancy Brown. In 1853 his family moved to Strongsville, Ohio. As a young pupil in public school, he was inspired and motivated by his teacher-mentor, Rufus Osgood Mason, whom Rockefeller later named " ...
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