Rosemont Copper could start construction of its proposed mine in the first quarter of 2014, if the Forest Service approvals are finalized as expected. Rosemont's Rod Pace told the Arizona Mining Alliance luncheon crowd on Friday that the company needs the Final EIS, Record of Decision, Final Biological Opinion, and 404 Permit to be approved for them to begin work. The ROD has a 105 day appeal process. [Right, model of proposed mine development. Credit, Rosemont Copper]
Rod said they have spent over $90 million on equipment and the project is "construction ready." Grinding mills have been paid for and delivered and other major equipment was ordered and is waiting for Rosemont to request delivery.
Final bid packages are being prepared for building the powerline, pipeline, and to complete archeological studies. Work may begin on private lands west of the federal lands while the Forest Service finalizes its decision process.
The Mining Alliance luncheon drew a capacity crowd including a large number of contractors and service companies interested in working on the Rosemont mine and other proposed mining projects around the region.