Copper was discovered at Van Anda about 1898 by Olive and Harry Treat creating the Cornell Mine rich in copper and gold. A smelter, tramway and town were constructed. The community was named after Carrie Van Anda, wife of American mining capitalist Edward Blewett. J. D. Rockefeller invested in the iron mines, though he quickly sold having lost money on a Monte Cristo, Washington venture near Everett. The iron mines were picked up by the famed Union Iron Works of San Francisco. Canadian investors Sir William Mackenzie and Donald Mann also speculated in the Van Anda mines. Farms, orchards, logging and a sawmill were set up on Texada at this time as well. By the turn of the century, the copper boom was in full swing but the mines only yielded for a few years. Van Anda hosted an opera house and a Chinatown. A series of fires demolished the Van Anda townsite—the last in 1917. Sail races were also run from Vancouver to Van Anda around this time.