According to John Logan, managing partner at Holden, Murdoch, the two firms were well known to each other via their work in the mining industry. “We can combine the dynamism and energy of a new firm with the experience of two long-standing and respected organizations,” Logan said.
Logan said there was little debate with respect to the new name. The late A.Y. Murdoch and Percy Finlay, whose names are not in the new firm’s name, were intimately involved with the Canadian mining industry for many years. Murdoch, one of the original inductees in the Canadian Mining Hall of Fame last year, was the first president of Noranda. Finlay, who died in 1988, was a long-time director of Hollinger and a number of other mining companies. “Percy Finlay was the last of an era here,” Logan told The Northern Miner.
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