Resolution Copper Invests $110 Million to Boost Undermining in Arizona
In a recent announcement, Resolution Copper has made a substantial commitment to advancing its underground mining project in Arizona by awarding contracts totaling approximately $110 million to Major Drilling America Inc. and Redpath USA Corporation. This investment is part of a broader $500 million program aimed at enhancing exploration and development activities at the proposed Resolution Copper mine.
Major Drilling America, renowned for its expertise in deep-hole drilling, will lead the charge in exploring the Resolution Copper ore body over the next two and a half years. Their efforts will involve the use of four state-of-the-art drilling rigs designed specifically for deep mineral exploration, with the ability to drill down approximately 6,800 feet. Notably, two of these high-capacity rigs, the LF-350, have already arrived on-site in preparation for drilling, while two additional next-generation LF-300 rigs are expected to be operational by the year's end.
The introduction of advanced safety measures is at the forefront of Major Drilling's operations, including remote-controlled drilling technologies to minimize risks to personnel. This focus on safety underscores a commitment to ensuring that workers are kept safe while they engage in crucial mining activities.
Simultaneously, Redpath USA Corporation is set to initiate the first phase of underground development. Their responsibilities include converting existing shafts into development configurations and constructing a new mine station roughly 6,800 feet underground. This phase will not only modernize infrastructure but also facilitate the installation of modern equipment necessary for effective mining operations.
Vicky Peacey, President and General Manager of Resolution Copper, emphasized the importance of these developments, stating, "The completion of our environmental assessment processes has positioned us to swiftly advance to this critical stage. The $110 million allocated to American companies signifies our dedication to domestic mineral development and showcases the potential of the Resolution Copper project to satisfy a significant portion of the country's copper demand into the future."
Resolution Copper has not only positioned itself as a key player in the U.S. mining landscape but also aims to create around 100 new jobs, thereby contributing to local employment and industry growth. The recruitment phase for various roles—from geological and engineering positions to trade apprenticeships—is already underway, with plans for further recruitment in the months to come. The project also represents a commitment to fostering relationships with local educational institutions, which will include training programs designed to prepare the local workforce for careers in mining and related fields.
As the project progresses, the company remains dedicated to environmental stewardship, integrating sustainable practices throughout the mining lifecycle—from planning and operations to closure and reclamation of the site. The final investment decision relies on ongoing data collection and compliance with necessary state permits, highlighting the due diligence being carried out before full-scale operations commence.
Resolution Copper is indeed positioned to play a significant role within the U.S. mining sector, situated in Arizona's pivotal Copper Triangle. As discussions of a secure, domestically sourced copper supply chain continue, the project's potential to contribute to national security and economic stability grows ever more vital. Supported by strategic developments and a commitment to responsible mining practices, Resolution Copper is setting the stage for a sustainable future in the copper industry.
Major Drilling America, renowned for its expertise in deep-hole drilling, will lead the charge in exploring the Resolution Copper ore body over the next two and a half years. Their efforts will involve the use of four state-of-the-art drilling rigs designed specifically for deep mineral exploration, with the ability to drill down approximately 6,800 feet. Notably, two of these high-capacity rigs, the LF-350, have already arrived on-site in preparation for drilling, while two additional next-generation LF-300 rigs are expected to be operational by the year's end.
The introduction of advanced safety measures is at the forefront of Major Drilling's operations, including remote-controlled drilling technologies to minimize risks to personnel. This focus on safety underscores a commitment to ensuring that workers are kept safe while they engage in crucial mining activities.
Simultaneously, Redpath USA Corporation is set to initiate the first phase of underground development. Their responsibilities include converting existing shafts into development configurations and constructing a new mine station roughly 6,800 feet underground. This phase will not only modernize infrastructure but also facilitate the installation of modern equipment necessary for effective mining operations.
Vicky Peacey, President and General Manager of Resolution Copper, emphasized the importance of these developments, stating, "The completion of our environmental assessment processes has positioned us to swiftly advance to this critical stage. The $110 million allocated to American companies signifies our dedication to domestic mineral development and showcases the potential of the Resolution Copper project to satisfy a significant portion of the country's copper demand into the future."
Resolution Copper has not only positioned itself as a key player in the U.S. mining landscape but also aims to create around 100 new jobs, thereby contributing to local employment and industry growth. The recruitment phase for various roles—from geological and engineering positions to trade apprenticeships—is already underway, with plans for further recruitment in the months to come. The project also represents a commitment to fostering relationships with local educational institutions, which will include training programs designed to prepare the local workforce for careers in mining and related fields.
As the project progresses, the company remains dedicated to environmental stewardship, integrating sustainable practices throughout the mining lifecycle—from planning and operations to closure and reclamation of the site. The final investment decision relies on ongoing data collection and compliance with necessary state permits, highlighting the due diligence being carried out before full-scale operations commence.
Resolution Copper is indeed positioned to play a significant role within the U.S. mining sector, situated in Arizona's pivotal Copper Triangle. As discussions of a secure, domestically sourced copper supply chain continue, the project's potential to contribute to national security and economic stability grows ever more vital. Supported by strategic developments and a commitment to responsible mining practices, Resolution Copper is setting the stage for a sustainable future in the copper industry.
Topics Energy）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.