July 27, 2016 6:18 AM ET

Metals and Mining

Company Overview of Resolution Copper Mining LLC

Company Overview

Resolution Copper Mining LLC operates as a subsidiary of Resolution Copper Company.

402 West Main Street

Superior, AZ 85173

United States

Founded in 2004





Key Executives for Resolution Copper Mining LLC

Resolution Copper Mining LLC does not have any Key Executives recorded.

Resolution Copper Mining LLC Key Developments

Resolution Copper Invests in Canada's Mine

Resolution Copper Mining announced that it is building the large copper mine in the country. The project costs $1.2 billion and will take 5 times that amount in additional preparation work before a single ounce of copper is retrieved from the depths. Resolution has a variety of obstacles to overcome that range from "minor" details like providing cool air to the steamy depths of a shaft to the difficult task of persuading Congress to allow access to the copper deposit. The project is focused on digging the final 150 ft or so to reach a depth of 6,943 ft in the No. 10 shaft. Shafts 1 through 9 were historical shafts which were shallower depths by a previous mining company, though Resolution uses some of them for ventilation and plans to extend No. 9. Resolution had to stop work on the deep No. 10 shaft because the 170-degree temperatures at the bottom were unsafe to work in. The company spent $4 million with Sundt Construction upgrading the original $10 million air-conditioning system that uses glycol to chill air and make work possible. The project's numbers are staggering. The No. 10 shaft is as deep as 14 Chase Towers, the tallest building in Phoenix. Resolution plans 4 more like it. The mine produces double the amount of copper generated by Arizona's large mine. The mine still has no guarantee it will get far, facing opposition from the nearby San Carlos Apache and other tribes in Arizona and throughout the country.

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Recent Private Companies Transactions

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