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John THAYER Lindsley

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John THAYER Lindsley

Birth
Yokohama, Yokohama-shi, Kanagawa, Japan
Death
29 May 1976 (aged 93)
New York, New York County, New York, USA
Burial
Milton, Norfolk County, Massachusetts, USA Add to Map
Memorial ID
View Source
https://www.nytimes.com/1976/05/30/archives/thayer-lindsley-geologist-is-dead-canadian-mining-executive-93.html

May 30, 1976
Thayer Lindsley, Canadian mining executive and geologist who founded Ventures Ltd., a holding company with mining interests on four continents, died yesterday at his home, 700 Park Avenue. He was 93 years old.

In 1961, when Ventures, the parent company, was merged with Falconbridge Nickel Mines Ltd., Mr. Lindsley retired from the firm. He maintained an active interest in mine financing and exploration, however, until his 90th year.

Mr. Lindsley, a Harvard classmate of Franklin D. Roosevelt in the class of '03, spent most of his life scouring the globe for ore deposits.

He avoided personal publicity and was almost unknown by sight outside of mining country.

Mr. Lindsley worked up to 15 hours a day, much of the time poring over geological maps spread out on the living room floor. "His work is studying his own mines," a colleague once said. "His relaxation is studying someone else's."

Targets of Mr. Lindsley's global‐wide search were deposits of nickel, silver, gold, copper, zinc, lead, iron, tin, cobalt, oil and gas, uranium and rare commercial metals.

Mr. Lindsley was born in Yokohoma, Japan, to American parents. His father was an agent for the Canadian Pacific Railway. The family returned to the United States when young Thayer was 15 years old.

Mr. Lindsley's first job after graduation from college was with the engineering department of the New York City Rapid Transit Commission, helping to construct the Brooklyn‐Manhattan subway.

Stimulated by his older 'brother, Halstead, he decided on a mining career. For six years, he visited mining camps and engaged in prospecting in the western United States and northern Ontario, learning the techniques of ore hunting.

After serving as an artillery officer during World War I, Mr. Lindsley acquired a rundown iron mine in Oregon called the Homestead Iron Dyke Mine and turned it Into a profitable enterprise.

He sold it in 1923 for $30,000, thus beginning his career in mining finance, which reached its peak in 1955 when he and his brother purchased—for a little more than $2 million—the Falconbridge Nickel Mines of Sudbury, Ontario, later to become one of the world's largest producers of nickel,
Contributor: Jon Saunders (47674050) • [email protected]
https://www.nytimes.com/1976/05/30/archives/thayer-lindsley-geologist-is-dead-canadian-mining-executive-93.html

May 30, 1976
Thayer Lindsley, Canadian mining executive and geologist who founded Ventures Ltd., a holding company with mining interests on four continents, died yesterday at his home, 700 Park Avenue. He was 93 years old.

In 1961, when Ventures, the parent company, was merged with Falconbridge Nickel Mines Ltd., Mr. Lindsley retired from the firm. He maintained an active interest in mine financing and exploration, however, until his 90th year.

Mr. Lindsley, a Harvard classmate of Franklin D. Roosevelt in the class of '03, spent most of his life scouring the globe for ore deposits.

He avoided personal publicity and was almost unknown by sight outside of mining country.

Mr. Lindsley worked up to 15 hours a day, much of the time poring over geological maps spread out on the living room floor. "His work is studying his own mines," a colleague once said. "His relaxation is studying someone else's."

Targets of Mr. Lindsley's global‐wide search were deposits of nickel, silver, gold, copper, zinc, lead, iron, tin, cobalt, oil and gas, uranium and rare commercial metals.

Mr. Lindsley was born in Yokohoma, Japan, to American parents. His father was an agent for the Canadian Pacific Railway. The family returned to the United States when young Thayer was 15 years old.

Mr. Lindsley's first job after graduation from college was with the engineering department of the New York City Rapid Transit Commission, helping to construct the Brooklyn‐Manhattan subway.

Stimulated by his older 'brother, Halstead, he decided on a mining career. For six years, he visited mining camps and engaged in prospecting in the western United States and northern Ontario, learning the techniques of ore hunting.

After serving as an artillery officer during World War I, Mr. Lindsley acquired a rundown iron mine in Oregon called the Homestead Iron Dyke Mine and turned it Into a profitable enterprise.

He sold it in 1923 for $30,000, thus beginning his career in mining finance, which reached its peak in 1955 when he and his brother purchased—for a little more than $2 million—the Falconbridge Nickel Mines of Sudbury, Ontario, later to become one of the world's largest producers of nickel,
Contributor: Jon Saunders (47674050) • [email protected]


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