Began → Iron River Mine → Riverton Mine
Operated for about 5 years.
From: Late 1880's.
Owned by: Originally by the Todd, Stambaugh Co. of Youngstown, OH. Then Schlesinger syndicate.
Produced: Iron Ore
Method:
Railroad connection: C&NW.
Stamp Mill/Pellet Plant:
Until: 1891?
Lifetime Production:
Also known as the Stambaugh mine. The Iron River Mine was located in Stambaugh and was part of the Riverton Group. Later Riverton Mine.
1890. This mine is owned by the Schlesinger Syndicate of Milwaukee. [DD=1890-0823]
1890. Charles Johnson was accidently killed in No. 3 shaft of the Iron River (Stambaugh) mine by a fall of rock and ore. He was a trammer at the mine.
1891. Reported by Senator Fleshiem of Menominee..."That was the trouble with the Stambaugh mine, which is owned by the Schlesinger syndicate. Its ore had too much phosphorus and too little metallic iron, and although it was a very productive mine shipping over 150,000 tons last year, it has been abandoned."
1891. January. Negotiations are now pending for the purchase of a series of mines by the Vanderbilts. This includes the Chapin, Florence, Iron River, Youngstown and the East Negaunee group. All now owned by the Schlesinger syndicate. The valuation is $5,000,000. [LSJ-1891-0127]
1891. February. The mine, a member of the Schleshinger gropo has been shut down. [IWT-1891-0207]
