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Thayer Lindsley
His geological and creative genius touched the fortunes of perhaps
more than 185 companies in all. In a book on exploration he published in 1966, he aptly described the kind of attributes that made he himself a giant among mining men: "To be a successful mine finder," he said, "one must have determination, knowledge, tenacity, a rugged constitution to withstand the rigors of outdoor life, and enjoy overcoming obstacles of every description. Also, a little dash of imagination and enthusiasm is helpful."
He had an uncanny perception of geology that helped him build
a world-girdling empire of mining properties. An associate said of him: "He was a geological genius. He had an astonishing ability to look at a geological map in three dimensions and quickly circle the location of probable ore with a big red crayon.
Thayer Lindsley was born in Yokohama, Japan, where his father,
a New England American, was a Canadian Pacific Railways executive.
Returning to the U.S., Lindsley took a civil engineering degree
at Harvard, moving to Canada in 1924 with a $30,000 stake from
an iron mine in Oregon.
It was in 1928 that Lindsley, along with a group of associates,
including his brother Halstead, founded Ventures Ltd., as a holding
company for various properties. And in that same year, on August
28, Falconbridge Nickel Mines Limited was incorporated as a Ventures
subsidiary.
Sherritt Gordon Mines Limited also came into being in 1928, in
a partnership Lindsley formed with R.J. Jowsey and several of
his Ventures associates.
Lindsley served continuously from 1928 to 1956 as president and
a director of both Ventures and Falconbridge, almost equalling
the length-of-service record of James Murdoch, as president, at
Noranda. In 1962, Ventures Limited was merged with Falconbridge
and Ventures passed from the mining scene.
Lindsley remained a director of Falconbridge, however, until 1967,
when he accepted the honor of election as Director Emeritus.
Even at the age of 90, four years before his death, Thayer Lindsley
was still working on gold mines in France and Ontario, silver
mines in Utah and Mexico, and many other projects.
He was, truly, one of the greatest mine developers of all time.
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