St. Joe Minerals
The company acquired a lead mine at Bonne Terre, Missouri. The mine had numerous problems including Price's Raid by Confederate States Army General Sterling Price. However under first president J. Wyman Jones and new mine manager Charles B. Parsons began using new diamond drilling techniques the business prospered. It nearly went bankrupt February 26, 1883 when a fire destroyed the milling operations.
The success of the company prompted many competitors in southeast Missouri including the Doe Run Company and Desloge Consolidated Lead Company which were absorbed by St. Joe. Firmin V. Desloge, patriarch of the Desloge Family in America, remained on the board of directors as well as many of his descendants well into the late 20th Century.
As the company also branched into the coal industry acquiring A.T. Massey in 1974 it was renamed St. Joe Mineral.
In 1981 with metal prices running high Fluor Corporation outbid Seagrams to acquire the company. Shortly after the acquisition metal prices collapsed.
- "ST. JOE MINERALS NET DROPS 5.7% - New York Times". Nytimes.com. 1981-07-23. Retrieved 2010-04-23.
- "History of St. Joe Lead Company". Rootsweb.ancestry.com. Retrieved 2010-04-23.
- "Horsehead Industries, Inc. - Company History". Fundinguniverse.com. Retrieved 2010-04-23.
- "> SEMO". Doe Run. Retrieved 2010-04-23.