Cooperative Education In Mineral Engineering: Experience At Montana School Of Mines, Butte

- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 7
- File Size:
- 1099 KB
- Publication Date:
- Jan 1, 1963
Abstract
Next year, in 1964, Butte will celebrate its Centennial. It was in May, 1864, that the first recorded mining activity took place. During that summer, several rich placers were found on Silver Bow Creek and its tributaries, and a gold rush followed. As placer mining proceeded in the creek beds, the quartz lodes on the hillsides were located and the veins were prospected. Mining in Butte entered its second phase when the rich silver mines, the Alice, Moulton, and Lexington, were opened. The silver boom lasted until the decline in the price of silver in the early 1890's forced the closure of many of the mines. An indication of the beginning of the copper mining era in Butte was in 1866 when it was noticed that green copper carbonate discolored some of the, lode material. It was not until ten years later, however, that the Anaconda and St. Lawrence claims were located by Michael and Ed Hickey. The claims were sold in 1880 to Marcus Daly and in 1881, Daly obtained financing and organized the Anaconda Silver Mining Company to exploit the vein The silver venture was a failure because of the predominance of copper which diluted the bullion to only 400 fine.
Citation
APA:
(1963) Cooperative Education In Mineral Engineering: Experience At Montana School Of Mines, ButteMLA: Cooperative Education In Mineral Engineering: Experience At Montana School Of Mines, Butte. Society for Mining, Metallurgy & Exploration, 1963.