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Rhodesian Selection Trust
The Rhodesian Selection Trust (RST) was a mining corporation which produced copper from the Copperbelt region of Northern Rhodesia, now Zambia. History The RST was formed in 1928 by Alfred Chester Beatty, an Irish-American mining magnate, as a holding company for his mining assets in Northern Rhodesia. The new company received the financial backing of the American Metal Company of New York, who acquired 1,000,000 shares of RST in October 1930. In 1960, RST and its main subsidiaries cleared $13,132,546, or 29 cents a share for the fiscal year ending June 30, 1960, an increase from $8,780,651 in the preceding year. In 1964, the firm reported a slight dip in profit from $16,691,000 in 1963 to $16,517,000 for the year ended June 30, 1964. The firms sales however, rose from $142,605,518 to $165,736,718. Zambia independence In February 1964, firm Chairman Sir Ronald Prain, who had insisted RST offer copper outside the speculative London Metal Exchange at a price below the exchange le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Copper
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northern Rhodesia
Northern Rhodesia was a British protectorate in southern Africa, south central Africa, now the independent country of Zambia. It was formed in 1911 by Amalgamation (politics), amalgamating the two earlier protectorates of Barotziland-North-Western Rhodesia and North-Eastern Rhodesia.''Commonwealth and Colonial Law'' by Kenneth Roberts-Wray, London, Stevens, 1966. P. 753 It was initially administered, as were the two earlier protectorates, by the British South Africa Company (BSAC), a chartered company, on behalf of the British Government. From 1924, it was administered by the British Government as a protectorate, under similar conditions to other British-administered protectorates, and the special provisions required when it was administered by BSAC were terminated.Northern Rhodesia Order in Council, 1924, S.R.O. 1924 No. 324, S.RO. & S.I. Rev VIII, 154 Although under the BSAC charter it had features of a charter colony, the BSAC's treaties with local rulers, and British legisla ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Freeport-McMoRan
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum, is a major copper producer and operates the world's largest gold mine, the Grasberg mine in Papua, Indonesia. History The current company was created in 1981 through the merger of Freeport Minerals, formerly Texas Freeport Sulphur Company and McMoRan Oil & Gas Company, becoming Freeport-McMoRan Inc. Early history Freeport Sulphur Company was founded July 12, 1912 by the eldest son of Svante Magnus "E.M." Swenson, banker Eric Pierson Swenson, with a group of investors, to develop sulfur mining at Bryan Mound salt dome, along the US Gulf Coast.''Poor's'' ''Poor's Government and Municipal Supplement'', Poor's Publishing Company, 192 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Phelps Dodge
Phelps Dodge Corporation was an American mining company founded in 1834 as an import-export firm by Anson Greene Phelps and his two sons-in-law William Earle Dodge, Sr. and Daniel James. The latter two ran Phelps, James & Co., the part of the organization based in Liverpool, England. The import-export firm at first exported United States cotton from the Deep South to England and imported various metals to the US needed for industrialization. With the expansion of the Western frontier in North America, the corporation acquired mines and mining companies, including the Copper Queen Mine in Cochise County, Arizona and the Dawson, New Mexico coal mines. It operated its own mines and acquired railroads to carry its products. By the late 19th century, it was known as a mining company. On March 19, 2007, Freeport-McMoRan completed a $25.9 billion acquisition of Phelps Dodge Corporation. History in 1821, Anson G. Phelps started a partnership in New York City with Elisha Peck, a mer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cyprus Mines Corporation
The Cyprus Mines Corporation was an early twentieth century American mining company based in Cyprus. In 1914, Charles G. Gunther began prospecting in the Skouriotissa area after reading in ancient books that the island was rich in copper and noticing promising ancient Roman slag heaps in the area. The company was established in 1916 by Colonel Seeley W. Mudd, his son, Harvey Seeley Mudd, and mining engineer/business partner, Philip Wiseman, whose family, along with the Mudds, were the primary owners of Cyprus Mines until the early 1970s when it was sold to Amoco. History Initially the mine struggled, but eventually obstacles were overcome and the mine produced money. Turkish and Greek Cypriots were hired, and the town of Skouriotissa became a hub as many miners moved there. The corporation took an old-style, paternalistic attitude towards workers, building a company town around the mine. Harvey Seeley Mudd claimed his experience with the Cyprus Mines Corporation influenced him ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zambia Consolidated Copper Mines Ltd
ZCCM Investments Holdings is a successor company to Zambia Consolidated Copper Mines Limited (ZCCM Ltd), of Zambia. History The company, ZCCM, was formed by a gradual process of nationalization and corporate concatenation which began in January 1970; the process is more completely described in the article Economy of Zambia. A major switch in the structure of Zambia's economy came with the ulungushi Reforms of April 1968: the government declared its intention to acquire equity holdings (usually 51% or more) in a number of key foreign-owned firms, to be controlled by a parastatal conglomerate named the Industrial Development Corporation (INDECO). By January 1970, Zambia had acquired majority holding in the Zambian operations of the two major foreign mining corporations, the Anglo American Corporation and the Rhodesia Selection Trust (RST); the two became the Nchanga Consolidated Copper Mines (NCCM) and Roan Consolidated Mines (RCM), respectively. The Zambian government then cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Zambia
Zambia is a developing country and it achieved middle-income status in 2011. Through the first decade of the 21st century, the economy of Zambia was one of the fastest growing economies in Africa and its capital, Lusaka the fastest growing city in the Southern African Development Community (SADC). Zambia's economic performance has stalled in recent years due to declining copper prices, significant fiscal deficits, and energy shortages. Zambia is currently ranked 8th in Africa, 5th in the Southern African Development Community (SADC) and 4th in the Common Market for Eastern and Southern Africa (COMESA) in terms of the ease of doing business. Furthermore, Zambia is ranked the 8th most competitive country in Africa on the Global Competitiveness Index. Recently, Zambia was ranked 7th by Forbes as the best country for doing business among 54 African countries. The government has succeeded in reducing the cost of doing business, but other important indicators of the business environme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Luanshya
Luanshya is a town in Zambia, in the Copperbelt Province near Ndola. It has a population of 117,579 (2008 census). Luanshya was founded in the early part of the 20th century after two prospector/explorer, William Collier shot and killed a Roan Antelope on the banks of the Luanshya River, discovering a copper deposit in the process. The antelope fell to the ground, its head resting on a rock where an exposed seam of copper ore was visible. The mining company eventually formed to exploit Collier's find was named " Roan Antelope Copper Mines Ltd". For most of the 20th century, copper was mined in great quantities at Luanshya but towards the end of the century, mining there became increasingly uneconomic, causing a severe recession in the town. There is still a fair amount of copper underground. Whether the town sees a revival in its fortunes will depend on how efficiently the copper is extracted and sold. The city is the birthplace of folk singer, John Edmond, writer A. C. Graylin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic Of Zambia
Zambia (), officially the Republic of Zambia, is a landlocked country at the crossroads of Central, Southern and East Africa, although it is typically referred to as being in Southern Africa at its most central point. Its neighbours are the Democratic Republic of the Congo to the north, Tanzania to the northeast, Malawi to the east, Mozambique to the southeast, Zimbabwe and Botswana to the south, Namibia to the southwest, and Angola to the west. The capital city of Zambia is Lusaka, located in the south-central part of Zambia. The nation's population of around 19.5 million is concentrated mainly around Lusaka in the south and the Copperbelt Province to the north, the core economic hubs of the country. Originally inhabited by Khoisan peoples, the region was affected by the Bantu expansion of the thirteenth century. Following the arrival of European explorers in the eighteenth century, the British colonised the region into the British protectorates of Barotseland-North-West ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Copperbelt
The Copperbelt () is a natural region in Central Africa which sits on the border region between northern Zambia and the southern Democratic Republic of Congo. It is known for copper mining. Traditionally, the term ''Copperbelt'' includes the mining regions of Zambia's Copperbelt Province (notably the towns of Ndola, Kitwe, Chingola, Luanshya, and Mufulira in particular) and the Congo's Haut-Katanga and Lualaba provinces (notably Lubumbashi, Kolwezi, and Likasi). In some contexts the term may exclude the Congo entirely. Zambia's Copperbelt became a province soon after independence in 1964, when it was named "Western province". President Kenneth Kaunda changed the name to its present-day "Copperbelt province" in 1969. From the time of the Bantu expansion, both the Congo's Katanga and Zambia's Copperbelt regions have been called "Ilamba" or "Lambaland", after the Lamba people. Both provinces are rich in mineral wealth. Prehistory The Copperbelt was not inhabited before the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Zambia
The history of Zambia experienced many stages from colonization to independence from Britain on October 24, 1964. Northern Rhodesia became a British sphere of influence in the present-day region of Zambia in 1888, and was officially proclaimed a British protectorate in 1924. After many years of suggested mergers, Southern Rhodesia, Northern Rhodesia, and Nyasaland were merged into the British Federation of Rhodesia and Nyasaland. By 1960, British Prime Minister, Harold Macmillan, declared that the age of colonial rule in Africa was ending. Finally, in December 1963, the federation was dissolved, and the Republic of Zambia was formed out of Northern Rhodesia on October 24, 1964. History Prehistoric era Archaeological excavation work on the Zambezi Valley and Kalambo Falls show a succession of human cultures. In particular, ancient camping site tools near the Kalambo Falls have been radiocarbon dated to more than 36,000 years ago. The fossil skull remains of Broken Hill Man, da ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
