|
Deutsch-Luxemburgische Bergwerks- Und Hütten-AG
The Deutsch-Luxemburgische Bergwerks- und Hütten-AG ("German-Luxembourg Mining and Iron Company") sometimes abbreviated as DL was one of the largest vertically integrated mining conglomerates in Germany at the beginning of the 20th century. Its headquarters was located in Bochum. The DL was a cornerstone of Hugo Stinnes' corporate empire. It was founded in 1901 at the initiative of Bernhard Dernburg and Hugo Stinnes as the successor to the Lorraine-Luxembourg Steelworks Association and grew rapidly through acquisitions and mergers. Due to its rapid expansion pace, it was always severely undercapitalised and financed itself through constant capital increases and bond issues. The DL included the Dannenbaum, Friederika, Prinz Regent, Friedlicher Nachbar, Baaker Mulde, Hasenwinkel, and Julius Philipp pits. The company acquired additional coal sources through the acquisition of the Louise Tiefbau and Vereinigte Wittwe & Barop mines in Hombruch in 1908, the Dortmund Union and the Tre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mining Industry
Mining is the extraction of valuable geological materials and minerals from the surface of the Earth. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. The ore must be a rock or mineral that contains valuable constituent, can be extracted or mined and sold for profit. 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 final reclamation or restoration of the land after the mine is closed. Mining materials are often obtained from ore bodies, lodes, veins, seams, reefs, or placer deposits. The exploit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
