in the foreground
Utah Copper Company had its start when Enos Andrew Wall realized the potential of
copper deposits in Bingham Canyon, southwest of
Salt Lake City,
Utah in 1887. He acquired claims to the land and started underground mining. In the mid-1890s, metallurgist
Daniel C. Jackling and mining engineer Robert C. Gemmell inspected the property and liked the prospects. Both men examined Wall's properties and recommended
open-pit mining. In 1898,
Samuel Newhouse and Thomas Weir formed the Boston Consolidated Mining Company. With financing from
Guggenheim Exploration, the first digging began in 1906. The same year, the
Kennecott Mines Company was formed in Alaska, named after explorer and naturalist
Robert Kennicott. A smelter was also started at
Garfield, Utah by the
American Smelting and Refining Company (ASARCO) to refine the Bingham Canyon ore. In 1981, after a worldwide fall in copper prices,
Standard Oil of Ohio (SOHIO) acquired Kennecott. Production was interrupted from 1985 to 1987. In 1986,
Asarco purchased the
Ray mine in Arizona from Kennecott. In 1987,
British Petroleum acquired SOHIO, and Kennecott became part of BP Minerals America. In 1989,
Rio Tinto Zinc (RTZ) purchased mining assets from BP. Kennecott Utah Copper Corporation was formed by Rio Tinto in 1989 as a new mining company under the laws of the State of Utah. ==Operations==