Resolution Copper Mine, Arizona
March 2005 by Edgar B. Heylmun, PhDThe Resolution copper mine is near Superior, Arizona (population 3,500), along the west side of the Pinal Mountains in central Arizona, 64 miles east of downtown Phoenix. The region receives about 16 inches of rain per year, enough to support chaparral vegetation.
Last month saw the mining industry take center stage as Toronto, Ontario was once again host city for the giant PDAC annual mining convention. We take at look at that gathering below, focusing on some of the negative industry sentiment on display.
…the men sought to “inject false and misleading information about the genuine supply and demand for precious metals futures contracts into the markets, and to deceive other participants”…
• Red tape at its finest...
• With the stroke of a pen
Exactly one month ago—to the day—I was watching in stunned silence, along with billions of others around the world, as the immense tragedy of September 11 played itself out. Since that time, the President has issued a virtual declaration of war; actual attacks against the Taliban strongholds in Afghanistan have begun and the “other side” has threatened an escalation of terror.
The pile up on the small hill had to be a couple yards of black sand. I’m not one to ignore a little gold even if it is small in size—I have always believed that gold fever comes in all sizes.
We sent them a lot of information, including my presentation about the area and its potential. We were excited to learn a couple weeks later that the company was interested in the property.
The Bawl Mill • $100 Million Lost on Faulty ESA Listing • Geologists Locate Giant Gemstones • Miner Wins Important Victory Against Forest Service • Philippines Asks Foreigners to Invest in Mining • The Art of Finding Coarse Gold Part IV—Recovery of Coarse Gold From Alluvial Placers • Healthy Interest at Recent Vancouver Conferences • Idaho Silver Miners Come to Aid of Tsunami Victims • Picks & Pans: In Search of a Vein: Looking for Hardrock in the Talkeetna Mountains • Researchers Trace History of Hope Diamond • The "Rip-Roaring" Flood That Washed Out Mazuma, Nevada • Looking Back • Company Notes • China Ups Investment in Foreign Minerals • Melman on Gold & Silver • Mining Stock Quotes and Mineral & Metal Prices