More than a decade added to mine life; US Forest Service approves Pinto Valley Mine Plan of Operations

Facebooktwitterredditpinterestlinkedinmailby feather

   Pinto Valley Mining Corp. is pleased to announce that it has received final approvals from the US Forest Service (USFS) for plans that will keep the Pinto Valley Mine operating another 19 years. The mine plan of operations, approved by the Tonto National Forest Supervisor Neil Bosworth, allows Pinto Valley to utilize an additional 229 acres of National Forest System lands surrounding the mine.

  “This a truly a historic day for Pinto Valley,” said Mike Wickersham, General Manager of the mine, “getting to this approval took more than 5 years. We want to thank the Forest Service employees that helped keep this project on track.”

  Expansion of the mine will maintain 690 jobs and protects the related economic activity, largely in Gila County, for nearly 20 years. “This is a huge win for Globe-Miami and surrounding communities. Both our local businesses and our local workforce have an abundance to gain from this,” said Tianna Holder, executive director of the Globe-Miami Chamber of Commerce, “and the cherry on top is seeing two entities that do so much for our community work together to form this agreement.”

  “As Gila County’s second largest private employer, Pinto Valley’s continued operation is critical to the region,” said Gila County District 2 Supervisor Tim Humphrey, “we can all breathe a sigh of relief knowing the future is so much clearer and brighter.”

  To get to this decision, the Tonto National Forest looked at all the potential impacts associated with the mine’s expanded footprint. Prior to making the approval, the Tonto National Forest solicited input through written and verbal comments from interested stakeholders and evaluated volumes of data provided by Pinto Valley Mining Corp. that was also reviewed by independent technical experts.

  The approval charts a course for the continued operation of the mine. The plan includes additional environmental controls and financial assurance that will protect the taxpayers for the company’s use of public land. In addition, the mine plan adds extra monitoring and mitigation measures that address potential environmental impacts from the continued operation of the mine.

  Expansion of the mine is expected to produce 2.5 billion pounds of copper. Copper is heavily used in industrial, agricultural and energy applications and is a common component of electronics. “With this, Arizona can keep adding to the supply chain and fueling the green economy. There is no green future without copper,” said Mignonne Hollis, executive director of the Arizona Regional Economic Development Foundation, a non-profit focused on rural economic development.

About Pinto Valley Mine

Gila County’s second largest private employer, the Pinto Valley Mine is in the Globe-Miami mining district in Arizona, one of the oldest and largest copper districts in the country. Copper concentrate production facilities include a primary crusher, secondary and tertiary crushers, six ball mills, copper concentrate and molybdenum flotation circuits, as well as a SX/EW facility that produces copper cathode.

About Capstone Mining Corp.

Capstone Mining Corp. is a Canadian base metals mining company focused on copper. Capstone’s two producing mines are the Pinto Valley copper mine located in Arizona, US and the Cozamin polymetallic mine in Zacatecas State, Mexico. Capstone is committed to the responsible development of assets and the environments in which they operate. Further information is available at www.capstonemining.com.

 

admin (7936 Posts)


Facebooktwitterby feather
Facebooktwitterredditpinterestlinkedinmailby feather

Comments are closed.

  • Additional Stories

    Hayden High School business class hands check for $140 to support students and family

    April 20th, 2022
    by

      In the early morning of April 6, a fire broke out in the Smith house in Hayden. The electrical […]


    Firefighters host ‘fill the boot’ fundraiser

    April 20th, 2022
    by

        Copper Basin residents showed their appreciation for local volunteer fire departments by attending last weekend’s Fill the Boot […]


    Hayden baseball on a roll with four more wins

    April 14th, 2022
    by

    By Nathaniel A. Lopez   The Hayden baseball team continued their hot streak with four wins last week.   On […]


    Bearcats, Lady ‘Cats adding to their win tallies

    April 14th, 2022
    by

    By Nathaniel A. Lopez   The Lady ‘Cats came out to play last week, winning both of their games.   […]


  • Additional Stories

    Copper Corridor has new business incubator in the Superior Enterprise Center

    April 14th, 2022
    by

      Interested in starting a new business in Superior? Maybe you’ve thought about changing your career and need some training […]


    Visitors to the Arizona National Scenic Trail near Kearny recommended to take extra precautions around wild animals after potential rabies incident

    April 14th, 2022
    by

      Hikers and campers on the Arizona National Scenic Trail near Kearny in the East of Pinal County will see […]


    Second Annual Gila River Music Festival returns to Kearny April 22-23

    April 14th, 2022
    by

     The Gila River Music Festival features a diverse lineup of musical talent, food trucks, vendors and artists. Bring a chair […]


    Lobos post wins over San Manuel, Pima

    April 14th, 2022
    by

    By Nathaniel A. Lopez   The Hayden baseball team claimed two victories last week.   On March 25, the Lobos […]


  • Copperarea

  • Southeast Valley Ledger