 In 1895, the New Glasgow Iron, Coal and Railway Company purchased rights to some of the Wabana ore deposit for a long-term supply.That year also saw the New Glasgow Iron, Coal and Railway Company merge with the Nova Scotia Steel and Forge Company to form the Nova Scotia Steel Company, revamping a name used in the previous decade.To maintain production, the company found that coal from the Pictou Coal Field was of poor quality for making coking fuel, thus it purchased the remaining assets of the General Mining Association which were concentrated on the north side of Sydney Harbour on Cape Breton Island – these being mines in the Sydney Mines, Florence and Alder Point areas of northeastern Cape Breton County.