Who owns the mine in Morenci Arizona?
Freeport-McMoRan is the principal owner and, since 2016, Sumitomo Group has owned a 13% interest in the mine….Morenci mine.
|Company||Freeport-McMoRan and Sumitomo Metal Mining|
What type of ore is found in Morenci?
Geology and copper reserves at Morenci mine, Arizona Both sulphide and oxide ores occur, pyrite and chalcocite being the main sulphide minerals, and chrysocolla and malachite the predominant oxides. Molybdenite, galena and sphalerite are also present.
What is the biggest mine in Arizona?
the Morenci Mine
This is the Morenci Mine, one of the largest copper mines in the world. With an annual production of between 700 and 850 million pounds of copper, the Morenci Mine is the largest copper mine in Arizona.
Where are Freeport-McMoRan copper mines located?
In North America, FCX operates seven open-pit copper mines — Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico; and two molybdenum mines — Henderson and Climax in Colorado.
When did the Morenci Mine close?
Although huge tonnages of ore were indicated, the grade of the ore was too low to be mined profitably by underground methods. In 1932, all underground mining ended in Morenci because the depression had dropped copper prices to less than six cents per pound.
What does FCX company do?
Freeport-McMoRan Inc. (FCX) is a mining company. The Company operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer. The Company’s segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other.
What is Morenci turquoise?
Morenci Turquoise is mined in southeastern Arizona, in Greenlee County. It is light blue to high blue in color. Morenci has an unusual matrix of irregular black pyrite, or fool’s gold; when polished, the pyrite often looks like silver. It also is sometimes webbed in a darker shade of blue, called water webbed.
What do Freeport-McMoRan do?
What does FCX mine for?
Through its subsidiary, PT-FI, FCX mines one of the world’s largest copper and gold deposits in the Grasberg minerals district in Papua, Indonesia. In addition to copper and gold, PT-FI produces silver. FCX has a 48.76 percent interest in PT-FI and manages its mining operations.
Is Morenci turquoise valuable?
Morenci turquoise is another American classic, highly regarded and sought after by collectors. Though the Morenci turquoise mine produces a wide range of colors from blue to green, the most desirable is a deep blue color with a heavy iron pyrite matrix and occasionally some spider-webbing.
Where is the Miami mine located?
The Miami mine is an open-pit copper mining complex, copper smelter and copper rod mill located in Gila County, Arizona, approximately 90 miles east of Phoenix and six miles west of the city of Globe.
Where is Morenci copper?
Morenci is an open-pit copper mining complex located in Greenlee County, Arizona, approximately 50 miles northeast of Safford. As of December 31, 2011, the operation employed approximately 2,550 people.
Where are FCX’s mines?
In North America, FCX operates seven open-pit copper mines — Morenci, Bagdad, Safford, Sierrita and Miami in Arizona, and Chino and Tyrone in New Mexico; and two molybdenum mines — Henderson and Climax in Colorado. Molybdenum concentrate, gold and silver are also produced by certain of FCX’s North America copper mines.
Where is the Sierrita Mine in Arizona?
The Sierrita mine is an open-pit copper and molybdenum mining complex located in Pima County, Arizona, approximately 20 miles southwest of Tucson and seven miles west of the town of Green Valley and Interstate Highway 19 near Sahuarita.