Grupo Mexico, parent company to Asarco, is reported to be buying the 25% of the Silver Bell copper mine that it doesn't already own.
Mineweb refers to a Wall Street Journal story that says Grupo will pay about $120 million to buyout Mitsui & Co's share. [
Right, Google Earth view of Silver Bell mine complex]
The mine is west of Avra Valley, near Marana, northwest of Tucson.
Location:23 miles west of Interstate 10 on Avra Valley Road.
Operations: The mine operates four open-pits (North
Silver Bell, El Tiro, West Oxide and East Oxide). All copper in these
pits will be extracted from the ore utilizing either of two
hydrometallurgical processes: dump leaching or rubblization.
Approximately 50% of the ore will be mined and hauled to dumps for
leaching. The remaining 50% will be rubblized. Rubblization is the
process where material is drilled, blasted, and then leached in place.
Each month 1,800,000 tons of ore and waste are mined, and 700,000 tons
of ore is rubblized. The four open-pits and other plant facilities are
situated on 19,000 acres. Mining affected areas of the facility total
3,900 acres.
Copper-bearing solutions from the dump leach and rubble areas are
collected and pumped to the solvent extraction plant where the copper in
solution is concentrated over 30 times before being pumped to the tank
house. In the tank house, the copper is recovered from solution using
the electrowinning process and plated on stainless steel starter sheets
as high-purity cathodes. The current cathode production rate is 67 tons
per day. Cathode copper produced in the solvent extraction /
electrowinning (SX/EW) operation is sold to producers of copper rod,
tubing and wire.
Product: Electrowon cathode copper
December 31, 2012 Employment:
Total: 175 employees; 138 hourly / 37 salaried.
Production Statistics:
Copper in SX-EW Cathode:
45.9 million lbs. (2012)
46.8 million lbs. (2011)