Engineering & Mining Journal

DEC 2015

Engineering and Mining Journal - Whether the market is copper, gold, nickel, iron ore, lead/zinc, PGM, diamonds or other commodities, E&MJ takes the lead in projecting trends, following development and reporting on the most efficient operating pr

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10 www. mining-media .com Serving the Mining Business for 150 Years Mining Timeline Gilded Age (1866-1900) E&MJ; founded as American Journal of Mining. Alfred Nobel invents dynamite. De Beers diamond mine discovered in South Africa. U.S. adopts Mining Law of 1872. Rio Tinto is formed to mine copper along the Tinto River in Spain. Broken Hill Proprietary Pty Ltd. was formed in Australia. South African gold rush begins at Witwatersrand. Yukon gold rush. The Dawn of the Progressive Era (1900-1919) International Nickel Co. (Inco) launches Creighton mine in Sudbury. Utah Copper Co. formed to mine and process low grade copper at Bingham Canyon, Utah. Braden Copper starts El Teniente copper mine in Chile. The Zinc Corp. is formed to treat zinc-bearing mine waste at Broken Hill in Australia. Guggenheims form Chile Exploration Co. and launch Chuquicamata mine in Chile. World War I begins. Newmont Co. founded as a holding company for private acquisitions. Earmest Oppenheimer founds Anglo American to develop gold mining in South Africa. World War I ends. Mechanization Begins (1920-1949) Thayer Lindsley founds Falconbridge and begins exporting nickel ore. Dr. Hans Merensky discovers the platinum reef in South Africa. Billiton establishes a people's fund. Great Depression deepens. President Franklin D. Roosevelt fixes the prices of gold at $35/oz (up from $20) to stabilize U.S. economy. Kennecott Copper acquires Utah Copper. World War II engulfs Europe. During WWII, Inco produces vast amounts of nickel to support Allies. Japanese attack Pearl Harbor. Companhia Vale do Rio Doce (CVRD) formed in Brazil to supply iron ore to the Allies. World War II ends. The Cold War Recovery (1950-1959) St. Joseph Lead Co. discovers the Viburnum Trend. CVRD accounts for 80% of Brazilian iron ore exports. Rio Tinto sells much of its Spanish interest and further develops abroad. Southern Peru Copper formed with the help of Phelps Dodge, Newmont, ASARCO and Cerro de Pasco. Few industrial trade journals can claim 150 years of service to an industry. Engineering & Mining Journal was originally founded as the American Jour- nal of Mining in 1866. The U.S. Civil War had ended and settlers were moving west. The Califor- nia gold rush was at its peak and the Comstock Lode had just been discovered outside of Virginia City, Nevada. The lead mines in Missouri were estab- lished as were some precious metals mines in the Carolinas. Headquartered in New York City, the American Journal of Mining was a weekly black- and-white broadsheet news- paper. It published news about the mines and technol- ogy, and carried advertise- ments for everything from steam engines to six shooters. In 1869, the name changed to The Engineering and Mining Journal. Many still marvel at lithographic artwork that was published with engravings. The publication established an early reputation for reliability and authority. Recognizing that swindlers were tarnishing the im- age of the mining business, E&MJ; sponsored the American Bureau of Mines, a group of honest min- ing engineers and entrepreneurs who volunteered to scrutinize promotions that preyed on inves- tors. E&MJ; also played a role in forming the American Institute of Mining Engineers and served as its ofcial organ for many years. In 1910, E&MJ; was purchased by Hill Publishing, which was

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