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Posts Tagged ‘copper mining’

In the News

Friday, June 4th, 2010

Miner-Sun-Basin:  Resolution CEO/President responds to Inter Tribal Council concerns

Arizona/Silverbelt:  Tribal Elder speaks on Resolution

Trueclaim Exploration, Inc. acquires high-grade silver mine in Globe, AZ.  Resolution Copper is mentioned as a major mining operation in the area. This article appears in several publications internationally. Below are a few publication links:

Financial Content

Reuters

Yahoo Finance

cbs3.com

cbs3.com

Resolution Copper: Resolution Copper scholarship program

Join town hall meeting with Senator John McCain and Secretary of the Interior, Ken Salazar

Friday, August 14th, 2009

Please join Resolution Copper Mining on Friday, August 21, for a community town hall meeting with Senator John McCain and Ken Salazar, Secretary of the United States Department of the Interior.

When: August 21, 2009, 11:00 a.m. (Secretary Salazar and Senator McCain are scheduled to arrive between 11 a.m. and noon; however we encourage you to arrive early to ensure you have a seat)

Where: Superior Junior/Senior High School Gymnasium – 100 Mary Drive, Superior, AZ 85173

Please note you will need to park in the west parking lot and enter the gym through the west end of the building.

In The News

Friday, August 7th, 2009

Copper Country News – “Mining Rocks Block Party Coming Friday, August 21″

Copper Country News – “Copper Jumps Again, by Ted Lake”

Copper Country News – “Local Contractors Recognized for Mining Safety and Health Award…”

Arizona Silver Belt – “Reader speaks out against Resolution Copper project and Arizona politicians”

The Arizona Republic – “Proposed mine site to get visit by Interior”

The Arizona Republic – “Mine deal a detriment to future generations”

Resolution Copper Receives Support from Arizona Daily Star

Wednesday, April 29th, 2009

Last week the Arizona Republic wrote an article about Governor Jan Brewer’s support for the Resolution Copper Mining project and in response we addressed a few concerns voiced in the articles comments. On Sunday, the Arizona Daily Star published an article voicing their support for the effort so we wanted to take a moment to address a few of the concerns raised there as well.

Issue:

Gaining access to the ore body means Resolution Copper will harm the environment.

Response:

Resolution Copper is committed to running an environmentally friendly mining operation. You can see all of the steps being taken here, but in short, a few environmental measures include:

  • Resolution Copper supports a multi-year, multi-million dollar cleanup of lands in and around Superior that have been affected by almost 100 years of mining activity.
  • The proposed Resolution Project mine will be an underground operation with no open pits and no new plans for Greenfield tailings sites.
  • After mining is complete, a detailed course of action will be taken to return the land to a productive and/or natural state.
  • Resolution Copper has constructed a water treatment facility to prepare groundwater from old mine workings before it is discharged.

Issue:

Few jobs will be created and those that are won’t be available to the local community.

Response:

  • Understanding that the project will generate a large amount of economic activity, Resolution Copper is working with local authorities to ensure the long-term economic health of the region. The company’s approach is to partner with the Town of Superior and the surrounding area to support the community’s vision for economic development and social stability.
  • Our goal is to help with specific activities that will jumpstart a range of economic development activities and, over the long term, aid in the diversification of the local economy. To further this goal, Resolution Copper actively works with local and regional economic planning groups and provides a wide range of support for regional economic development.

For more information on Resolution Copper’s job creation effort, especially as it relates to the local communities, please click here.

* Economic and Fiscal Impact Study conducted by third-party consultant, Elliott D. Pollack & Company.

Wall Street Journal Article

Monday, April 20th, 2009

The Wall Street Journal posted an online article on April 13, 2009 with the headline “Recession Erodes Resistance to Copper Mine.”

To view the entire article you may have to sign up for a free trial subscription.

How a Mine Becomes an Economic Engine

Friday, February 6th, 2009
Economy

The Resolution Copper mine will require a diverse, highly skilled workforce.

With an estimated impact of $798.2 million per year, the long-term economic benefits of the RCM project to the local area and the state of Arizona are impressive. Here are six key economic projections:

  • Total estimated economic impact over the 66-year project life on the state of Arizona, including additional development in Superior: $46.4 billion.
  • During peak years of mine production, annual estimated impact of the mine: $536.6 million.
  • Including all related residential, commercial and industrial development, projected peak annual economic impact on the state of Arizona: $798.2 million, the equivalent of one and a half NFL Super Bowls a year, every year over the 66-year life of the project.
  • RCM Project estimated to generate federal, state, county, and local tax revenue in excess of $10.7 billion.
  • Over the project’s expected life, a peak of 1,200 mine employees and 200 full-time contractors are anticipated during normal operations.
  • Including indirect and induced jobs, annual mine operations are initially expected to account for 2,603 jobs and $178.7 million in wages.*

* Economic and Fiscal Impact Study conducted by third-party consultant Elliott D. Pollack and Company. Results released in April 2008.