Tony
Your memory serves you well!
Skinners Mining Year Book for 1932 states that:-
The Indian Copper Corporation Ltd was registered on the 21st July 1924, as a
reconstruction of the Cordoba Copper Company Ltd. At reconstruction the
capital was £225,000 in 2,250,000 ordinary shares. 1,200,000 shares being
issued credited as 1 shilling per share paid in exchange for a similar
number of shares held in the Cordoba Copper Company Ltd.
Rob Vernon
-----Original Message-----
From: mining-history [mailto:[log in to unmask]]On Behalf Of
Tony Brewis
Sent: Saturday, March 09, 2002 2:16 PM
To: [log in to unmask]
Subject: Re: Cerro Murriano Copper
In commenting upon the Cerro Murriano Copper Mine in Cordoba,
Andalucia, Martin mentions the Cordoba Copper Company.
This rang a bell: from 1958 to 1960 I worked at the Mosaboni
mine of Indian Copper Corporation, in Bihar, India (now part of
Hindustan Copper Corporation) and visited again in 1983,
writing up the mine in an article in Mining Magazine, November
1983, pp 343-353.
In giving the history of mining in the Mosaboni area, the article
states that the Cape Copper Company's Rakha mine had shut
down in 1924, and then
"Shortly afterwards the Cordoba Copper Company purchased
mining rights to 50 km2 around the Mosaboni area, where it
developed a mine which first came into production in 1928."
After describing the establishment of the smelter to the north of
the Subarnarekha river to be near the railway, and the construction
of a ropeway to carry crushed ore from mine to smelter which was,
at that time, the longest single-rope ropeway in the world, complete
with a 975ft single span across the river which earned it a mention in
Peels's Mining Engineers' Handbook, the article goes on to say that
"In the early 1930s the company was reorganised and became the
Indian Copper Corporation".
Tony Brewis
|