Milestones mark Inco's history. (Celebrating 100 years).1883: In the westward expansion of the Canadian Pacific Railroad The Pacific Railroad is a defunct U.S. railroad. It was a predecessor of both the Missouri Pacific Railroad and St. Louis-San Francisco Railway. The Pacific was chartered by the U.S. state of Missouri on March 3, 1849. , blacksmith Tom Flanagan detects copper sulphide in a right-of-way cut through rock on the rim of the Sudbury Basin The Sudbury Basin, also known as Sudbury Structure, is the second largest known impact crater or astrobleme on Earth, and a major geologic structure in Ontario, Canada. The basin is located on the Canadian Shield in the city of Greater Sudbury, Ontario. . It later becomes the Murray Mine
Murray Mine is a defunct nickel and copper mine in Greater Sudbury, Ontario. It was the site of the original ore discovery that led to the launch of mining operations in the Sudbury area. . 1902: The International Nickel Co. is formed on April 1. The new company combines the refining capabilities of New Jersey's Orford Copper Co. with the rich Sudbury ore deposits of the Canadian Copper Co. The merger secures its needed financial backing from US Steel, which sees huge potential for nickel steel in building the new century's ships, bridges and automobiles. 1919: The International Nickel Co. begins using the trademark name, Inco. 1929: Mond merges with Inco. Their combined resources make it possible to develop the rich Frood-Stobie ore body in Canada, while Mond's British location provides a launching pad to better penetrate British and European markets. 1930: International Nickel completes an ambitious construction program involving mines, smelters, refineries and power plants. The new smelter in Copper Cliff begins operations, marking the end of heap roasting. 1946: Inco sponsors experiments to test an airborne magnetometer to detect ore and becomes the first mining company to use the device to explore for ore. 1953: Inco introduces nickel powder for use in nickel cadmium (NiCd) A rechargeable battery technology that is widely used for portable hand tools. It uses a nickel and cadmium plate and potassium hydroxide as the electrolyte. Originally invented in Sweden in 1899, it became popular in the 1950s after a sealed version was developed. (NiCad) batteries. By 1964, over 50 companies are reportedly using NiCad batteries in over 20 different types of electric devices. 1956: On February 27, a major nickel ore discovery is confirmed at Thompson, Man. 1958: The Port Colborne Port Colborne (kōl`bərn), town (1991 pop. 18,766), S Ont., Canada, on Lake Erie, at the south end of the Welland Ship Canal. It is an important transshipment center between Montreal and points to the west. refinery develops a new process for recovering nickel by the direct electrolysis electrolysis (ĭlĕktrŏl`əsĭs), passage of an electric current through a conducting solution or molten salt that is decomposed in the process. of nickel matte. 1961: The mining and refining operations at Thompson, Man. are for many dedicated in March. 1965: The Japanese economy booms. Inco, together with Shimura Kako Co. and Mitsui & Co. forms the Tokyo Nickel Co. 1968: The Indonesian government invites companies to compete for the right to explore and develop ore deposits. Inco is chosen and forms a new subsidiary, PT International Nickel Indonesia (PT Inco). 1969: Inco sinks a 7,138-foot shaft, the deepest continuous shaft in the western hemisphere Western Hemisphere Part of Earth comprising North and South America and the surrounding waters. Longitudes 20° W and 160° E are often considered its boundaries. , at Creighton mine This article is about the mine. For the ghost town, see Creighton Mine, Ontario. . 1971: Inco's new Clarabelle Mill, capable of treating 35,000 tons of ore a day, becomes operational in November. 1972: Inco spends $26 million (US) on a state-of-the-art smelter chimney at Copper Cliff. 1973: The $140-million Copper Cliff Nickel Refinery officially opens. 1977: In Sorowako, PT Inco builds Indonesia's first major nickel plant. 1985: Inco scientists develop a new process for separating precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. . 1990s: More than $600 million is invested during the decade to reduce sulphur emissions at Sudbury operations. 1994: Prospectors looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. gold discover the Voisey's Bay nickel-copper-cobalt deposit in Labrador, Nfld. 1996: Inco acquires Diamond Fields Resources. This gives the Company a, 75 per cent interest in Voisey's Bay. A world leader in robotic-mining technology, Inco joins with partners Dyno Nobel, Sandvik Tamrock and Natural Resources Canada Natural Resources Canada (NRCan) is a department of the government of Canada responsible for natural resources, energy, minerals and metals, forests, earth sciences, mapping and remote sensing. (CAN-MET Laboratories) to form the Mining Automation Program. 1999: Inco builds a pilot plant in Goro, New Caledonia. The $50-million program provides Goro with a new port and power plant and creates 680 jobs. Sales in specialty products double during the last decade. The company establishes the Inco Special Products business unit to extend its capabilities. 2000: Inco exploration uncovers a major deposit at Kelly Lake near Sudbury. 2001: With the success of the pilot plant in Goro, Inco breaks ground on a $1.4-billion fully-integrated commercial nickel-cobalt mining and production plant. Inco's oldest operating mine, Creighton celebrates its 100th anniversary. Discovered in 1856, it shipped its first ore in 1901. The life of the mine is extended with the Creighton Deep project. Inco announces the formation of a new Canadian and UK Operations, consolidating the previous Ontario, Manitoba and UK divisions. |
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