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Company Description

Contact Info

333 North Central Avenue

Phoenix, AZ 85004

United States

Phone: 602-366-8100

Fax:

electrical power is primarily sourced from Tucson Electric Power Company, Arizona Public Service Company and the Luna Energy facility (in which the company owns a one-third interest) in Deming, New Mexico. Bagdad The company’s wholly owned Bagdad mine is an open-pit copper and molybdenum mining complex located in Yavapai County in west-central Arizona. The Bagdad mine is a porphyry copper deposit containing both sulfide and oxide mineralization. The Bagdad operation consists of a 75,000 metric ton-per-day concentrator that produces copper and molybdenum concentrates, an SX/EW plant that could produce approximately 25 million pounds per year of copper cathode from solution generated by low-grade stockpile leaching, and a pressure leach plant to process molybdenum concentrates. The Bagdad operation includes approximately 21,750 acres, comprising 21,150 acres of patented mining claims and other fee lands and 600 acres of unpatented mining claims. Safford The company’s wholly owned Safford mine is an open-pit copper mining complex located in Graham County, Arizona. The Safford mine includes two copper deposits that have oxide mineralization overlaying primary copper sulfide mineralization. The predominant oxide copper minerals are chrysocolla and copper-bearing iron oxides with the predominant copper sulfide material being chalcopyrite. The property is a mine-for-leach project and produces copper cathodes. The operation consists of two open pits feeding a crushing facility with a capacity of 103,000 metric tons per day. The available mining fleet consists of twenty 235-metric ton haul trucks loaded by four shovels with bucket sizes ranging from 31 to 34 cubic meters, which are capable of moving an average of 225,000 metric tons of material per day. The Safford operation’s electrical power is primarily sourced from Tucson Electric Power Company, Arizona Public Service Company, and the Luna Energy facility. Sierrita The company’s wholly owned Sierrita mine is an open-pit copper and molybdenum mining complex located in Pima County, Arizona. The Sierrita mine is a porphyry copper deposit that has oxide and secondary sulfide mineralization, and primary sulfide mineralization. The Sierrita operation includes a 102,000 metric ton-per-day concentrator that produces copper and molybdenum concentrates. Sierrita also produces copper from a ROM oxide-leaching system. The Sierrita operation, including the adjacent Twin Buttes site includes approximately 37,650 acres, comprising 13,300 acres of patented mining claims and 24,350 acres of split-estate lands. Miami The company’s wholly owned Miami mine is an open-pit copper mining complex located in Gila County, Arizona. The Miami operation includes approximately 9,100 acres, comprising 8,750 acres of patented mining claims and other fee lands and 350 acres of unpatented mining claims. Chino and Tyrone Chino: The company’s wholly owned Chino mine is an open-pit copper mining complex located in southwestern New Mexico in Grant County. The Chino operation consists of a 36,000 metric ton-per-day concentrator that produces copper and molybdenum concentrates. The available mining fleet consists of thirty-five 240-metric ton haul trucks loaded by four shovels with bucket sizes ranging from 42 to 48 cubic meters, which are capable of moving an average of 220,000 metric tons of material per day. Tyrone: The company’s wholly owned Tyrone mine is an open-pit copper mining complex located in southwestern New Mexico in Grant County. The Tyrone mine is a porphyry copper deposit. The Tyrone operation includes approximately 35,200 acres, comprising 18,750 acres of patented mining claims and other fee lands and 16,450 acres of unpatented mining claims. Henderson and Climax Henderson: The company’s wholly owned Henderson molybdenum mine is located approximately 42 miles west of Denver, Colorado. The Henderson mine is a porphyry molybdenum deposit with molybdenite as the primary sulfide mineral. The Henderson operation consists of a large block-cave underground mining complex feeding a concentrator with a capacity of approximately 32,000 metric tons per day. The

 

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