117:
29:
388:
rise to drilling programs in
Snowdonia (Hafod y llan) either side of the Watkin path, and also in Wester Ross just outside Locharron. Copper mineralisation was encountered in the Welsh drilling program but essentially nothing in Wester Ross. Drilling in Snowdonia was with a hand portable x-ray rig capable of reaching approximately 100 ft and in Wester Ross with a Boyles Bros. rotary rig drilling to approximately 1000 ft.
191:. Extraction of copper began on 17 December 1927. Although extraction was originally predicted to last for only three years, additional reserves (the gigantic "Giant H Orebody") were quickly discovered; the mine would form the backbone of Noranda's operations until reserves were exhausted in 1976.
387:
Noranda Mines also operated in the UK in the early 70's with active exploration programs in
Scotland and north Wales. The exploration program consisted of soil and stream sampling and limited Induced Polarisation and fluxgate magnetometer surveys. These programs were sufficiently advanced to give
351:
was rumoured to be interested in buying
Noranda, which caused the Canadian federal government to review its foreign investment policy. In June 2005 Noranda completed a merger with Falconbridge, essentially purchasing Falconbridge outright. However, the combined company continued under the name
245:, Noranda reclaimed its 49% share in its subsidiary Chile Canadian Mines. The company then invested $ 600,000 of new capital in its Chilean mines, the first major mining investment after the coup, securing the right to the
293:
Noranda announced that it would divest itself from all industries unrelated to mining and metals in 1997, and completed the transition the following year, removing itself from the forestry and oil and gas industries.
155:, it merged with that company in 2005. The combined company continued under the name Falconbridge Limited, ending the Noranda name. Only one year later in 2006 Falconbridge was acquired by the
594:
559:
279:
589:
194:
Beginning in 1930, Noranda diversified by acquiring holdings in the forestry, oil, manufacturing, and automotive industries. In 1931, the company opened the CCR refinery in
267:
In 1984 Noranda Mines changed its name to
Noranda Inc., as a reflection of its wide diversification. Also in 1984, the company became a large player in the electronics
226:, which it had purchased in 1964 for $ 12 to $ 18 per share. A sum of $ 80mn was devoted to Potash mines in Saskatchewan, while $ 50mn purchased a 51% stake in the
231:
368:
624:
364:
180:
290:
smelter outside of
Antofagasta, Chile. Noranda obtained 100% control in 1998 and ownership of that site aided later expansion into Latin America.
599:
286:; they opened a battery recycling facility one year later. Also in 1995 Noranda entered Latin America with the purchase of a 25% stake in the
249:
copper reserves in northern Chile in 1976. The year 1973 also saw the company expand into aluminum with the opening of an aluminum smelter in
619:
604:
564:
634:
569:
287:
499:
629:
584:
347:
Noranda had bought 19.9% of rival mining company
Falconbridge in 1988, which was raised to a 58.4% stake in 2002. In 2005
201:
Noranda gained its first international property in 1938 with the purchase of the
Empresa Minera de Nicaragua gold mine in
579:
543:
219:
Copper Mines, and in 1963 Canadian
Electrolytic Zinc (CEZ), in which Noranda held a large stake, began production.
574:
511:
242:
325:
Noranda expanded its aluminum business in 2004 by gaining a 50% interest in the
Gramercy alumina refinery in
257:
438:
532:
318:
It expanded its recycling business with the opening of an electronic hardware recycling facility in
372:
116:
209:
359:
Less than a year after completing its merger with
Falconbridge, the new company was acquired by
195:
609:
148:
188:
151:
under the symbol NRD.LV. After eventually acquiring a large interest in rival mining company
250:
227:
72:
8:
184:
216:
442:
408:
319:
152:
16:
Defunct mining and metallurgy company originally from Rouyn-Noranda, Quebec, Canada
614:
536:
403:
348:
261:
235:
553:
308:
283:
223:
140:
260:
and Caisse de DĂ©pĂ´t gained effective control of Noranda with a $ 1 billion
163:. On 2 May 2013 ownership of Xstrata was fully acquired by mining behemoth
352:
Falconbridge Limited, ending the Noranda name as a large mining company.
156:
446:
136:
222:
In 1967, Noranda divested itself at $ 80 per share of its holdings in
326:
312:
272:
246:
202:
121:
28:
301:
164:
108:
412:
397:
360:
353:
333:
330:
160:
86:
82:
198:, which processes all the copper produced by the Horne smelter.
490:
May/June 1978, Latin American Working Group, Toronto, pp 63-64.
400:, a suspended aluminium smelter project by Noranda in Patagonia
376:
144:
132:
96:
411:, which controlled Noranda from 1981 through its ownership of
253:, and the oil business with the formation of Canadian Hunter.
268:
230:
Corporation earlier that year, as well as an investment in
104:
100:
595:
Non-renewable resource companies disestablished in 2005
560:
Companies formerly listed on the Toronto Stock Exchange
477:
The Montreal Gazette - Sep 27, 1967 (see google news)
339:
By 2005, the company had operations in 18 countries.
297:
In August 2000, Noranda was the top miner in Canada.
590:
Non-renewable resource companies established in 1922
486:"Canada's Economic Relations with Post Coup Chile",
551:
363:. The Noranda name continues for companies with
304:copper-zinc mine in Peru, which opened in 2001.
500:CMJ, Aug 2000, "Noranda Tops 40 Largest Miners"
462:Three Miles of Gold: The Story of Kirkland Lake
432:
367:, which was the spun off by Xstrata, and the
356:reduced its stake in the new company to 20%.
275:business by purchasing Micro Metallics Corp.
234:, an aluminum products manufacturer based in
183:to exploit the Horne deposit, discovered by
300:The company gained a 34% stake in the huge
124:, Horne mine, Noranda, Quebec circa 1926.
27:
625:Canadian companies disestablished in 2005
464:. Toronto: The Ryerson Press. p. 21.
187:on mineral claims he staked in 1920 near
170:
544:See "About us", "History and Milestones"
115:
473:
471:
278:In 1995 Noranda gained full control of
208:The company gained a large interest in
600:Canadian companies established in 1922
552:
282:, a zinc mine and smelting company in
382:
468:
459:
175:Noranda was incorporated in 1922 as
512:"Noranda to take over Falconbridge"
453:
13:
620:Private equity portfolio companies
605:Apollo Global Management companies
565:Defunct mining companies of Canada
535:(April 15, 2005 snapshot from the
371:which is a large zinc refinery in
14:
646:
635:2005 disestablishments in Ontario
570:Copper mining companies of Canada
526:
307:In 2002 Noranda opened a large
147:, Canada. It was listed on the
504:
493:
480:
426:
1:
630:1922 establishments in Quebec
419:
280:Brunswick Mining and Smelting
228:Brunswick Mining and Smelting
585:Defunct companies of Ontario
7:
439:Clarke, Irwin & Company
391:
256:Asset management companies
10:
651:
580:Companies based in Toronto
342:
92:
78:
67:
59:
51:
43:
35:
26:
433:Roberts, Leslie (1956).
373:Salaberry-de-Valleyfield
243:1973 Chilean coup d'Ă©tat
179:under the leadership of
139:company originally from
546:Retrieved 26 June 2008.
210:Kerr Addison Gold Mines
215:In 1955 it opened the
171:History and operations
159:-based mining company
125:
575:Zinc mining companies
232:Pacific Coast Company
189:Rouyn-Noranda, Quebec
119:
264:investment in 1981.
251:New Madrid, Missouri
73:Falconbridge Limited
542:Flash presentation
460:Pain, S.A. (1960).
369:Noranda Income Fund
23:
383:Scotland and Wales
185:Edmond Henry Horne
126:
21:
409:Edper Investments
320:Brampton, Ontario
114:
113:
642:
537:Internet Archive
520:
519:
518:. March 9, 2005.
508:
502:
497:
491:
484:
478:
475:
466:
465:
457:
451:
450:
430:
365:Noranda Aluminum
181:James Y. Murdoch
31:
24:
20:
650:
649:
645:
644:
643:
641:
640:
639:
550:
549:
529:
524:
523:
510:
509:
505:
498:
494:
485:
481:
476:
469:
458:
454:
431:
427:
422:
404:Noranda Caldera
394:
385:
349:China Minmetals
345:
329:and associated
236:Cleveland, Ohio
173:
17:
12:
11:
5:
648:
638:
637:
632:
627:
622:
617:
612:
607:
602:
597:
592:
587:
582:
577:
572:
567:
562:
548:
547:
540:
533:Former website
528:
527:External links
525:
522:
521:
503:
492:
479:
467:
452:
424:
423:
421:
418:
417:
416:
406:
401:
393:
390:
384:
381:
344:
341:
241:Following the
172:
169:
112:
111:
94:
90:
89:
80:
76:
75:
69:
65:
64:
61:
57:
56:
53:
49:
48:
45:
41:
40:
37:
33:
32:
15:
9:
6:
4:
3:
2:
647:
636:
633:
631:
628:
626:
623:
621:
618:
616:
613:
611:
610:Rouyn-Noranda
608:
606:
603:
601:
598:
596:
593:
591:
588:
586:
583:
581:
578:
576:
573:
571:
568:
566:
563:
561:
558:
557:
555:
545:
541:
538:
534:
531:
530:
517:
513:
507:
501:
496:
489:
488:World's Apart
483:
474:
472:
463:
456:
448:
444:
440:
436:
429:
425:
414:
410:
407:
405:
402:
399:
396:
395:
389:
380:
378:
374:
370:
366:
362:
357:
355:
350:
340:
337:
335:
332:
328:
323:
321:
316:
314:
310:
309:aluminum foil
305:
303:
298:
295:
291:
289:
285:
284:New Brunswick
281:
276:
274:
270:
265:
263:
259:
254:
252:
248:
244:
239:
237:
233:
229:
225:
224:Denison Mines
220:
218:
213:
211:
206:
204:
199:
197:
192:
190:
186:
182:
178:
177:Noranda Mines
168:
166:
162:
158:
154:
150:
146:
142:
141:Rouyn-Noranda
138:
134:
130:
123:
118:
110:
106:
102:
98:
95:
91:
88:
84:
81:
77:
74:
70:
66:
62:
58:
54:
50:
46:
42:
38:
34:
30:
25:
19:
515:
506:
495:
487:
482:
461:
455:
434:
428:
386:
358:
346:
338:
324:
317:
306:
299:
296:
292:
277:
266:
255:
240:
221:
214:
207:
200:
196:Montréal-Est
193:
176:
174:
153:Falconbridge
129:Noranda Inc.
128:
127:
79:Headquarters
71:Acquired by
36:Company type
22:Noranda Inc.
18:
437:. Toronto:
120:Main shaft
554:Categories
447:B0000CPMQI
420:References
336:deposits.
137:metallurgy
327:Louisiana
322:in 2003.
313:Tennessee
311:plant in
273:recycling
247:Andacollo
212:in 1945.
203:Nicaragua
122:headframe
516:CBC News
392:See also
331:Jamaican
302:Antamina
165:Glencore
109:aluminum
93:Products
44:Industry
615:Xstrata
435:Noranda
413:Brascan
398:Alumysa
361:Xstrata
354:Brascan
334:bauxite
288:Refimet
258:Brascan
161:Xstrata
87:Ontario
83:Toronto
60:Defunct
52:Founded
445:
377:Quebec
343:Merger
145:Quebec
133:mining
131:was a
97:Copper
47:Mining
39:Public
269:scrap
217:Gaspé
157:Swiss
443:ASIN
271:and
135:and
105:zinc
101:gold
68:Fate
63:2005
55:1922
262:CAD
149:TSX
556::
514:.
470:^
441:.
379:.
375:,
315:.
238:.
205:.
167:.
143:,
107:,
103:,
99:,
85:,
539:)
449:.
415:.
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
