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Braden Copper Company
Braden Copper Company was an American company that controlled the El Teniente copper mine in Chile until 1967 when its copper holdings were nationalized. History Braden Copper Company was founded on 18 June 1904 by E.W. Nash, Barton Sewell, William Braden and other mining partners. Braden visited the mine during the winter of 1903-1904. Using capital of $625,000, the company purchased the mine and developed a mill at Sewell, Chile. Production started on 1 June 1906. Barton Sewell never visited Chile and was limited to participating in the business as an upper executive at the companies central offices in New York City. After E.W. Nash died in 1905, Braden turned to John Hays Hammond and Guggenex, owned by the Guggenheim brothers, for financing. Braden Mines Company was formed on 10 July 1909. In June 1910, the Guggenheims took control of the mine and provided financing which turned the oxcart road into a railway, built a three-thousand ton mill and hydroelectric plants. Kenn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rancagua
Rancagua () is a city and commune in central Chile and part of the Rancagua conurbation. It is the capital of the Cachapoal Province and of the O'Higgins Region, located south of the national capital of Santiago. It was originally named Santa Cruz de Triana by Spanish colonists. In 2012, its population was 232,211. The main economic activities range from mining, tourism, agriculture, timber, food production and services to minor industrial activities. The city also serves as the administrative and legal center of the region. Together with Machalí and Gultro, it forms the Rancagua conurbation. After Curicó, Talca and Concepción, it is one of the most important and densely populated cities of the south central zone of Chile. History Foundation period The Rancagua Valley was occupied by the local Picunche. They fell briefly under the control of the Inca Empire in the 15th century. Its remains in structures can still be found near the city today. Through their civil engineeri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Disestablished In 1967
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Non-renewable Resource Companies Established In 1904
A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. An example is carbon-based fossil fuels. The original organic matter, with the aid of heat and pressure, becomes a fuel such as oil or gas. Earth minerals and metal ores, fossil fuels (coal, petroleum, natural gas) and groundwater in certain aquifers are all considered non-renewable resources, though individual Chemical element, elements are always conserved (except in nuclear reactions, nuclear decay or atmospheric escape). Conversely, resources such as timber (when Sustainable forest management, harvested sustainably) and wind (used to power energy conversion systems) are considered renewable resources, largely because their localized replenishment can occur within time frames meaningful to humans as well. Earth minerals and metal ores Earth minerals and metal ores are examples of non-renewable ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Companies Based In New York City
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining In Chile
The mining sector in Chile is one of the pillars of Chilean economy and copper exports alone stands for more than one third of government income. Most mining in Chile is concentrated to the Norte Grande region spanning most of the Atacama Desert. Mining products of Chile includes copper, gold, silver, molybdenum, iron and coal. Chile was, in 2019, the world's largest producer of copper, iodine and rhenium, the second largest producer of lithium and molybdenum, the sixth largest producer of silver, the seventh largest producer of salt, the eighth largest producer of potash, the thirteenth producer of sulfur and the thirteenth producer of iron ore in the world. In the production of gold, between 2006 and 2017, the country produced annual quantities ranging from 35.9 tons in 2017 to 51.3 tons in 2013. Nitrate Mining nitrate in the North of Chile defined the country's history from the late 19th century to the mid 20th. Indeed the period 1873-1914 is referred to as the Saltpetre Repub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining Companies Of The United States
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Copper Mining Companies Of The United States
Copper is a chemical element with the symbol Cu (from la, cuprum) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orange color. Copper is used as a conductor of heat and electricity, as a building material, and as a constituent of various metal alloys, such as sterling silver used in jewelry, cupronickel used to make marine hardware and coins, and constantan used in strain gauges and thermocouples for temperature measurement. Copper is one of the few metals that can occur in nature in a directly usable metallic form ( native metals). This led to very early human use in several regions, from circa 8000 BC. Thousands of years later, it was the first metal to be smelted from sulfide ores, circa 5000 BC; the first metal to be cast into a shape in a mold, c. 4000 BC; and the first metal to be purposely alloyed with another metal, tin, to create bronze, c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smoke Tragedy
The 1945 El Teniente mining accident, known locally as the Smoke Tragedy ( es, La tragedía del humo), is the largest mining accident in metal extraction in the history of Chile and, as of 2005, worldwide. It happened on June 19, 1945, in Chile's El Teniente mine in the Andes, which belonged to Braden Copper Company, a subsidiary of Kennecott Copper Corporation, both of the United States. A total of 355 men died, largely because of a nearby fire whose smoke trapped the workers in tunnels and resulted in carbon monoxide poisoning. Another 747 men were injured by the smoke.''Emol,'' June 20, 2005''"La Tragedia del Humo":'' A 60 años del peor accidente minero en Chile (in Spanish) Description Nearly 1,000 workers were underground in the pits on June 19, 1945, when a fire started at a nearby warehouse near "Teniente C" pike. It spread to oil drums and burned fiercely. Thick smoke was drawn into the pike and spread through the tunnels of the mine. The ventilation systems did not work a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chilean Nationalization Of Copper
The nationalization of the Chilean copper industry, commonly described as the Chileanization of copper ( es, Chilenización del cobre) was the process by which the Chilean government acquired control of the major foreign-owned section of the Chilean copper mining industry. It involved the three huge mines known as 'La Gran Mineria' and three smaller operations. The Chilean-owned smaller copper mines were not affected. The process started under the government of President Carlos Ibáñez del Campo, and culminated during the government of President Salvador Allende, who completed the nationalization. This "act of sovereignty" was the espoused basis for a later international economic boycott, which further isolated Chile from the world economy, worsening the state of political polarization that led to the 1973 Chilean coup d'état. The mines involved in the nationalization By the late 1950s, the three principal copper mines in Chile were Chuquicamata, El Salvador, and El Teniente. C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1962 FIFA World Cup
The 1962 FIFA World Cup was the seventh edition of the FIFA World Cup, the quadrennial international football championship for senior men's national teams. It was held from 30 May to 17 June 1962 in Chile. The qualification rounds took place between August 1960 and December 1961, with 56 teams entering from six confederations, and fourteen qualifying for the finals tournament alongside Chile, the hosts, and Brazil, the defending champions. Brazil successfully defended their World Cup title, defeating Czechoslovakia 3–1 in the final in the Chilean capital of Santiago. They became the second team, after Italy in 1934 and 1938, to win the World Cup twice consecutively; no team has since achieved the feat. Host nation Chile finished third, defeating Yugoslavia 1–0 in the third-place play-off. The tournament was marred by violence between players on the pitch and a toxic atmosphere; it included the first-round match between Chile and Italy (2–0), which became known as the Battl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Estadio El Teniente
Estadio El Teniente, also known as Estadio El Teniente-Codelco for sponsorship reasons, is a multi-purpose stadium in Rancagua, Chile. It is currently used mostly for football matches. The stadium can fit 14,087 people and was built in 1945 with the name Braden Copper Company Stadium ''(Estadio Braden Copper Co.)''. The stadium is home to football club O'Higgins, which is based in Rancagua. The stadium hosted seven matches of 1962 FIFA World Cup, where played matches of the group stage and quarter-finals. In 2013, the stadium was renovated for hosting the 2015 Copa América, to be played in Chile. Two matches of the group stage will be played in this stadium. History Construction The stadium, since its construction, was owned by the U.S. copper mining company Braden Copper Company, which operated the mineral-extraction complex "El Teniente". The designation of the Braden Copper Stadium to host matches in the 1962 FIFA World Cup was due to an emergency. Indeed, the 1960 Va ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
_-_mayo_de_1962.jpg "Click for more on -> Estadio El Teniente")