Who owns Resolution Copper?
Who owns Resolution Copper?
Rio Tinto
We own 45% of the the Resolution Copper Project, which is operated by Rio Tinto (55%). 1,600The copper deposit lies more than 1,600m underground. Resolution Copper is one of the largest undeveloped copper projects in the world and has the potential to become the largest copper producer in North America.
Who owns Resolution mining company?
The project is a joint venture owned by Rio Tinto (55%) and BHP (45%). The ore deposit lies nearly 7,000 feet below the earth’s surface.
Who owns Oak Flat Arizona?
Resolution Copper (RC), a joint venture owned by Rio Tinto and BHP, has proposed conducting underground mining of a copper-molybdenum deposit located 5,000 to 7,000 feet (1,500 to 2,100 m) below the ground surface.
What do they mine in Superior AZ?
Over the 86-year life of Magma Copper’s Superior proj- ect (1911-1996), approximately 27.6 million short tons of ore averaging about 4.9% copper were mined, recovering 1,299,718 short tons of copper, 36,550 short tons of zinc, approximately 686,000 ounces of gold and 34.3 million ounces of silver.
Who owns the copper mines in Arizona?
Freeport-McMoRan
Arizona is home to the Morenci Mine, owned by Freeport-McMoRan, which is one of the largest copper mines in the world (Freeport-McMoRan, 2014). There are 27 major mines in Arizona, including 10 major copper mines which produce 23 to 632 million pounds of copper per year.
Who owns Apache Leap?
A subsidiary of Rio Tinto and BHPBilliton (the two biggest metal mining companies in the world, by annual revenue and market capitalization) is proposing to mine copper ore deep underneath Oak Flat, near the town of Superior, an hour east of Phoenix.
What is the largest copper mine in Arizona?
The Morenci Mine
The Morenci Mine is a large copper mine located near Morenci, Arizona, United States. Morenci represents one of the largest copper reserves in the United States and in the world, having estimated reserves of 3.2 billion tonnes of ore grading 0.16% copper….Morenci mine.
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How old is Superior AZ?
Located in the north-central portion of Arizona’s Pinal County, the town of Superior has a western pioneer history dating back to the 1800s. Like many towns in the region, Superior largely owes its existence to the mining industry, which was an Arizona mainstay long before it even became a state.
