April 26, 2024 9:36 am
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

Preliminary report shows opening old CG open pit mine profitable

(Disclosure: Rose Law Group represents Elim Mining.)

By Suzanne Adams-Ockrassa | Casa Grande Dispatch

CASA GRANDE — One of two companies competing to reopen the old Sacaton Mine near Casa Grande is inching closer to success while the other has faced a minor setback.

Elim Mining Incorporated released its preliminary economic assessment to investors on Tuesday. The assessment is a preliminary report to show if it is financially feasible to reopen the mine.

The assessment states that the stockpile of rock that had a grade of copper that was too low to make it profitable to extract the last time the mine was open in the 1980s has enough ore in it to fund at least eight years of operations using today’s mining processes.

READ ON:

Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

Post Calendar

Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.