Granite-BiMetallic Consolidated Mining Company Records, 1884-1919

The Granite-BiMetallic Consolidated Mining Company of Philipsburg, Montana, was formed in April 1898 by the merger of the Granite Mountain Mining Company and the Bi-Metallic Mining Company. In 1881, Charles D. McLure with several St. Louis capitalists, including Charles Clark, Augustus B. Ewing, Lewis M. Rumsey, Moses Rumsey, and Charles Taussig formed a syndicate incorporated as the Granite Mountain Mining Company. In June 1886, another property was incorporated as the Bi-Metallic Mining Company by a syndicate comprised of many of the same owners of the Granite Mountain Mining Company, with the addition of Paul A. Fusz and others. Following the 1898 merger of the two syndicates, the company had several years of profitable operation. After it went into receivership in 1903, the mines were operated primarily on the lease system. They produced sporadically through the 1920s, and in 1934 the Granite-BiMetallic Consolidated Mining Company was dissolved.