Arcadian mine
Encyclopedia
Arcadian mine was a copper
mine developed in 1898 near Paavola, Michigan (then called Arcadia). The mine was managed by Arcadian Copper Company in which Standard Oil
had a significant interest. Although there was a significant amount of investment in the mine, it was not rich in copper. By 1908, the mine was thought to be one of the most spectacular failures in the region.
Copper
Copper is a chemical element with the symbol Cu and atomic number 29. It is a ductile metal with very high thermal and electrical conductivity. Pure copper is soft and malleable; an exposed surface has a reddish-orange tarnish...
mine developed in 1898 near Paavola, Michigan (then called Arcadia). The mine was managed by Arcadian Copper Company in which Standard Oil
Standard Oil
Standard Oil was a predominant American integrated oil producing, transporting, refining, and marketing company. Established in 1870 as a corporation in Ohio, it was the largest oil refiner in the world and operated as a major company trust and was one of the world's first and largest multinational...
had a significant interest. Although there was a significant amount of investment in the mine, it was not rich in copper. By 1908, the mine was thought to be one of the most spectacular failures in the region.