Hardly in da UP, but this one's stirring up increasing interest in Arizona. From the Arizona Daily Star, April 25, 2009,
click → Resolution Copper may spend billions on mine. Quoted in part:
Quote:"Resolution — a joint venture of international mining companies Rio Tinto PLC and BHP Billiton Ltd. — is banking on land-swap legislation that would give the company 3,025 acres in the Tonto National Forest that Resolution says could yield up to 500,000 tons of copper a year. Included in the land swap would be the 746-acre Oak Flats campground, an area where mining has been prohibited by presidential order since 1955.
The 7,000-foot-deep mine could produce 25 percent of the domestic supply of copper, Salisbury said.
'We see it as one of the largest ore bodies in the world — there are not many like this. It's deep, complex and expensive to get at,' Salisbury said.
The project could create 1,200 jobs at the mine and another 200 to 400 contractors, and generate $800 million worth of economic activity annually in Arizona, Salisbury said."
I'm sure