Anaconda Copper
Former American mining trust
Former American mining trust
The Anaconda Company, also known historically as the Anaconda Gold and Silver Mining Company (1881–1891), Anaconda Mining Company (1891–1895), Anaconda Copper Mining Company (1895–1899), Amalgamated Copper Company (1899–1915), and Anaconda Copper Company (1915–1955), was an American mining company headquartered in Butte, Montana. It was one of the largest trusts of the early 20th century and one of the largest mining companies in the world for much of the 20th century. Marcus Daly bought the original silver mine, named the Anaconda, in 1880. Daly partnered with George Hearst, James Ben Ali Haggin and Lloyd Tevis in 1881 to develop it, and the company expanded dramatically in 1882 with the discovery of huge copper deposits. In 1883, Daly began building a smelter and the town of Anaconda to process copper mined in Butte. In 1899, with Hearst and Tevis deceased, Haggin retired and Daly restructured the enterprise into the Amalgamated Copper Company, bringing in H H Rogers and William Rockefeller...
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