ME home
 
  SME FaceBook SME Twitter SME LinkedIn RSS Feed

Subscriber or
SME Member Log On

WEB-ONLY CONTENT

Go to SME eNEWS

MINING INDUSTRY EVENTS

Al Azhar‚Äôs 14th International Conference on: Engin  - Conference
Dec 12, 2017 - Dec 14, 2017
WM2E 2017 Energy Tech Expo  - Exhibit
Dec 14, 2017 - Dec 16, 2017
George Fox Conference  - Conference
Jan 24, 2018
2018 SME Annual Conference & Expo  - Conference
Feb 25, 2018 - Feb 28, 2018

METAL PRICES


Au
Ag
Pt
Pd
Ni
Cu
Al
Pb

AGGREGATES
AND MINERALS
MARKETPLACE


http://aggregatesmineralsmarketplace.com
The Mining Engineering, SME and NSSGA
Online Buyers Directory Site
The Online Global Mining and Minerals Library Site

Bingham Canyon's life extended to 2029
June 19, 2012

Rio Tinto announced plans to invest US$660 million over the next seven years to extend the life of its Kennecott Utah Copper Bingham Canyon mine in Salt Lake City from 2018 to 2029.

The investment includes the construction of mine infrastructure and new equipment to support pushing back the south wall of the mine.

First ore from the south wall push back, which will be processed through existing mill facilities, is expected in 2017. The investment will enable production at an average of 180 Kt/a (198,000 stpy) of copper, 5.7 t/a (185,000 oz/year) of gold and 13.8 kt (15,200 stpy) of molybdenum a year from 2019 through 2029.

Rio Tinto Copper chief executive Andrew Harding said, “This investment highlights the additional value we can create by the efficient investment of capital at existing tier one assets. It will secure low cost copper, gold and molybdenum production for the next two decades. We continue to evaluate underground options that will further extend the life of Bingham Canyon, which has already been in operation for more than 100 years.”

Work continues on evaluating projects to expand the tailings impoundment and upgrade the power plant, and obtaining permits for these projects.

 

Related article search: