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Annapolis Iron Mining Company

On the banks of Moose River, in Nova Scotia, a valuable bed of iron was discovered some years ago; and, in 1825, an association, consisting of 100 shareholders, was formed, and called "The Annapolis Iron Mining Company." Sufficient capital being raised, in the colony, to commence the smelting and manufacture of the ore, mineral lands, to the extent of 2,000 acres round the Annapolis basin, were purchased, and the mining rights of the company extended over a still greater area. Several thousand tons of ore were smelted, and castings made to a considerable amount. Bar iron was also produced, which, as well as the castings, proved to be of excellent quality. After expending, however, about £30,000, owing to some unfortunate disagreements among the members, the whole enterprise was abandoned, and the establishment sold.

SOURCE: Simmonds, 1872:389


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Last updated on 19 December 2011.