Tuesday, February 2, 2016

WILLIAM BOYCE THOMPSON

NewMont Mining Corporation was founded in 1916 in New York by William Boyce Thompson (May 13, 1869 - June 27, 1930), as a diversified holding company to invest in Worldwide mineral, oil, and related goods. In 1929, NewMont became a Mining Company. By 1939, NewMont was operating 12 Gold Mines in North America. Around the middle of the 20th century, the company had a controlling interest in the Tsumeb mine in Namibia. and in the O'Okiep Copper Company in NamaquaLand, South Africa.
Born in Virginia in May 13, 1869, William was raised in the rough mining towns of South West Montana. During the 1890s William joined his father, one-time mayor of Butte, in Montana mining and lumber ventures, before moving East to become a mine promoter and stock broker.
Tsumeb ("Place of the Moss' Spirits" of "Place of the Frog' Spirits) is the largest Town in Osh-Ikoto Region in Northern Namibia. The place is notable because of the huge mineralized Pipe that led to its foundation. The Pipe penetrates vertically through the Pre-Cambrian Otavi dolomite for 1300 meters. The Pipe looks like a gigantic ancient cave system and was mined in prehistoric times but those ancient workers had respect for the forces of Nature and barely scratched the surface.
The site of the use to be "Deep Mine" was located in there and in William's heyday was known simply as "The Tsumed Mine." After it was mined out of all its resources it was renamed "The Ongolo Mine." The name had a direct connection to the "Huge Natural Hill" of green, oxidized Copper Ore existing there before it became disgraced by the hand of the New-Mont Corporation who also mined it out at the point that the Ore at depth ran out. That action provoked a flooding in the main shafts by ground water over a kilometre deep and the water had to be collected and pumped as far as the Capital, Wind-Hoek, only then the Company left the Mine that used to be a beautiful Hill and the pride of the locals.
Tsumeb as a place is the "GateWay to the North" of Namibia and the city still holds the pride of having the World's most prolific mineralogical sites. They are unsurpassed in variety and quality of form. At least 170 mineral species have been cataloged, 20 of them are found nowhere else.
The first Europeans that arrived to the area were Francis Galton (an English citizen) and Carl Johan Anderson (a Swedish notable hunter, and trader of Southern Africa, mostly Namibia) in 1851. Through them the place became known to the greedy ones interested in exploiting its resources and become rich.
Tsumeb also is notable because of the huge mineralized Pipe that led to its foundation. It penetrates vertically through the PreCambrian Otavi dolomite for 1300m. The Pipe looks like a gigantic ancient Cave System and was mined in prehistoric times but those ancient workers that had respect for Nature and barely scratched the Surface.
Most of the many millions of Tonnes of Ore of spectacular grade, removed by the NewMont Company by cut-and-fill methods, was famous for its richness. The Ore was so rich that it was sent straight to the Smelter situated, as usual, near the town, without first having to be processed through the mineral enrichment plant. Obviously without any regard of the environmental pollution, and the welfare of the local inhabitants, this company made millions of dollars of Personal Profit, selling its goods worldwide.
The name "New-Mont" holds the prefixes of "New"(York) and "Mon"(Montana) reflecting where William started his firsts steps in the financing World that led to his fortune (New York) and the place from where he was born and grew up in the early stages of his life (Montana).
After he became a mining promoter, soon he found his way in politics with international ramifications. He reached prominence in the Republican party, and became a promoter of Western support for the revolutionary government of Russia. He visited Russia before the revolution  and again in 1918 just after the revolution. The effects of crop failure and starvation were rampant. Thompson arrived there as a member of an American Red Cross relief mission that encouraged the formation of a democratic government. He added 1 million of his own money to the relief funds and was able to rally other financers including J.P. Morgan to aid the effort. The government fell and the Bolsheviks came to power. The Russian experienced convinced William that agriculture, food supply, and justice were linked. World political stability in the future, he prophesied, would depend on the availability of food.
William gave money to the Bolsheviks to undermine the militarism regimes of the General Empires. The mission was in fact a Wall Street mission of financiers to influence and pave the way for control whatever its ideology.
Soon after William found his rightful partner, George E. Gunn (a natural of Ohio who had worked his way up to be a mine superintendent), the two became a powerful team. Gunn the mine finder was the perfect match for Thompson the financier. Gunn had the talent and was working with Guggen-heim Exploration, mine finders, and Thompson had the connections to finance working with Hayden, Stone&Company brokerage. The Gunn-Thompson partnership claimed the discovery of vast Copper Deposits that revolutionized Western America, and reaped for themselves the money they needed for international investments.
William died from pneumonia in June 27, 1930 at the age of 61, and was buried at Sleepy Hollow, New York, a final resting place of numerous famous figures. It is a contiguous with, but separate from, the churchyard of the Old Dutch Church, the colonial-era church that was the setting for "the Legend of Sleepy Hollow. The Rockefeller family state (Kykuit), whose grounds have a common boundary with the cemetery, contains the private Rockefeller cemetery.
NewMont Mining Corporation now is based in GreenWood Village, Colorado, USA. Now it is one of the World's largest producers of Gold, with active Gold Mines in Peru (Yanacocha, Cajamarca, the biggest of all), Ghana, New Zealand, Australia, Indonesia and Nevada. NewMont employs 34,000 employees and contractors Worldwide. Others metals that the company exploits include Copper and Silver.
The Company NewMont Corporation is responsible for the huge damage that is being done to Nature due to the over-exhausting its Natural Resources at the point of Polluting Air, Earth, and Water.
Fire is finding its way to restore balance through Volcanic activity and it is what Nature desperately needs to balance climate issues and avoid huge famines. Everyone is affected by the consequences of the desecration of nature just because the greedy and evil ways of the ones responsible for this do not want to change their ways.

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