Item #528202510 Magma Copper Company 1942 Certificate for One Hundred [100] Shares of Common Stock. Magma Copper Company.

Magma Copper Company 1942 Certificate for One Hundred [100] Shares of Common Stock

Superior: Magma Copper Company, 1942. Softcover. 8" x 12." Dated December 2, 1942. For Loeb Rhoes and Company. Signed by the company president and company treasurer. The Magma Copper Company, established in 1910 near Superior, Arizona, had a significant impact on the mining industry, particularly in Arizona. The company played a major role in copper production, especially after the discovery of a large copper reef beneath silver deposits at the Magma Mine. They expanded operations, including constructing a smelter in 1924, and eventually acquired the San Manuel mining claims in 1944. The company's operations were eventually closed down due to declining copper prices and dwindling ore reserves. Very Good. Item #528202510

Price: $30.00