Excelsior to deliver first copper production from Arizona by year-end
Excelsior Mining (TSX: MIN) just completed a pipeline corridor at the Gunnison copper project in southern Arizona, which means that the company is on track to deliver its first copper production in Q4 2019.
The building of the two-mile high-density polyethylene pipeline corridor connecting the Johnson Camp Mine processing facility to the production wellfield began in January.
“We are now more than 90% finished in terms of the entire construction process, and we look forward to completing the remaining elements over the next month,” Stephen Twyerould, Excelsior’s CEO and president, said in a media statement.
The 9,560-acre Gunnison project hosts the North Star deposit which, according to Excelsior, contains a measured and indicated copper resource of 4.99 billion pounds.
The mine is expected to produce 2.2 billion pounds of pure copper cathode over its 24 year lifespan.
More News
Trump to expand critical mineral production using wartime powers
An executive order signed Thursday taps the Defense Production Act as part of an effort to provide financing for critical minerals projects.
March 20, 2025 | 02:23 pm
Morningstar analysis offers contrarian view on gold, sees $1,820 in five years
The forecast follows an analysis into the long-term supply and demand of the metal, taking into consideration the extraction cost of gold.
March 20, 2025 | 11:39 am
Perpetua to make official loan application to US EXIM in second quarter
If the loan is approved, the Stibnite project would be one of Washington's largest investments ever in a mine.
March 20, 2025 | 11:38 am
{{ commodity.name }}
{{ post.title }}
{{ post.excerpt }}
{{ post.date }}
Comments
Mark Button
Copper from a well field!? Hold on to your money!!