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Historical Founding of Isle Royale and Lake Superior Mining Company

1 report, 1 independent Updated Oct 24
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Charles Borup and Charles Oaks, former officers of the American Fur Company, organized the Isle Royale and Lake Superior Mining Company. They later sold the venture to James Close of Ontonagon, and the location subsequently became the Union Copper Company, which failed. The company was established in the context of the Nonesuch Shale Lode, which was first worked in the 1840s.

From mininggazette.com

Why it matters

Some supportBrind's analysis of the reports

The event provides historical context regarding the Nonesuch Shale Lode, a geological area that has been subject to copper mining since the 1840s. The Nonesuch Lode is noted for being a vastly different ore body from typical amygdaloid and conglomerate copper lodes.

From mininggazette.com

Who's involved

  • American Fur CompanyAmerican fur trade company whose former officers founded the mining company
  • FredPerson who was employed by the American Fur Company as a fur trader

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The entities involved

Coverage

Newest first; wire copies grouped