Cerro Corporation
| Cerro Corporation | |
|---|---|
| legal form | Corporation |
| founding | 1902 |
| resolution | 1976 |
| Seat |
Saint Louis , United States
|
| sales | 800 million US dollars (~ 1970) |
| Branch | Mining |
The Cerro Corporation was an American mining company. It was founded in 1902 by American investors, which included JP Morgan , Henry Clay Frick, and the Vanderbilt family, as Cerro de Pasco Corporation (also Cerro de Pasco Mining Corporation or Cerro de Pasco Copper Corporation ). In Cerro de Pasco (Peru) a copper mine that still exists today was built and connected to the Ferrocarril Central Andino . After the First World War, the deposits near Morococha were developed. In 1922, the La Oroya smelter (now the Doe Run Company ) was built. During the "Oncenio" (Spanish: eleven year period), d. H. During the second, eleven-year presidency of Augusto Bernardino Leguía y Salcedo from 1919 to 1930, the Cerro de Pasco Corporation was the most important foreign company in all of Peru. Towards the end of World War II, the Cerro de Pasco Corporation was the largest employer in Peru after the government.
From 1950 onwards the company was headed by Robert P. Koenig . After the copper was exhausted, lead and zinc have been mined in the Cerro de Pasco open pit mine since the 1950s .
Later the Cerro de Pasco Corporation was listed on the NYSE , for which the Cerro Corporation was founded as the parent company. On January 1, 1974, the Cerro Corporation in Peru was expropriated under President Alvarado and renamed Centromin-Peru . From 1973 to 1976 the remaining corporate divisions were taken over by the Marmon Group .
Individual evidence
- ^ A b The Marmon Group, Inc. History
- ↑ a b High in the Andes, A Mine Eats a 400-Year-Old City , December 2, 2015
- ↑ a b Bruce A. Kennedy, Society for Mining, Metallurgy, and Exploration: Surface Mining . SME, 1990, ISBN 978-0-87335-102-7 , p. 4.
- ^ Doe Run Peru / History of the Company
- ^ Thomas F. O'Brien: The Revolutionary Mission. American Enterprise in Latin America, 1900-1945 (= Cambridge Latin American Studies , Vol. 81). Cambridge University Press, Cambridge 1996, ISBN 0-521-55015-7 , p. 121.
- ^ Saint Louis University Libraries Special Collections: Cerro de Pasco Corporation. (1902-1974) ( Memento of the original from October 13, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Profile at AIME
- ↑ MERGER OF CERRO AND MARMON SET , September 12, 1974
