Saturday, September 20, 2008

Resolution Copper responds to concerns over land exchange

Resolution Copper has released the letter they wrote to Rep. Raul Grijalva last month, addressing concerns he raised earlier this year about the proposed copper mine and the complex federal-state-private land exchange needed to make it happen. [right, Resolution president David Salisbury]

Among the points Resolution president David Salisbury makes is that block caving is the only viable mining technique that will work in the operation.

A Congressional hearing was held earlier this summer on the legislation introduced by U.S. Senator Jon Kyl for the land exchange. Rio Tinto, majority owner of Resolution,previously committed $652 million to the pre-feasibility study towards developing the mine.