Thursday, July 14, 2011

Resolution Copper land exchange passed in House Committee


The U.S. House Natural Resources Committee approved the land exchange bill needed by Resolution Copper to move forward in development of what could be the largest copper producing mine in North America.

The underground mine is projected to provide as much as 20% of the U.S. demand for copper for 40 years and generate billions of dollars in revenues.

Cronkite News Services listed the property to be swapped [right, map of exchange parcel locations. Credit, Resolution Copper]:

Resolution Copper would get:
- 2,422 acres of the Oak Flat federal parcel in northeast Pinal County

The federal government would get 5,344 acres:
- 147 acres of the Turkey Creek parcel in Gila County
- 148 acres of the Tangle Creek parcel in Yavapai County
- 149 acres of the Cave Creek parcel in Maricopa County
- 640 acres of the East Clear Creek parcel in Coconino County
- 110 acres of the Apache Leap South End parcel in Pinal County
- 3,050 acres of the Lower San Pedro River lands in Pinal County
- 160 acres of the Dripping Springs area in Gila and Pinal counties
- 940 acres of the Appleton Ranch area in Santa Cruz County

The Town of Superior could buy up to 545 acres from the government:
- 30 acres of the Fairview Cemetery Parcel in Pinal County
- 265 acres around Superior Airport in Pinal County
- 250 acres of parcels contiguous to the airport land