Texas Gulf had made one of the biggest mining discoveries in history on land they didn’t own; they merely had an option on the 160 acre property (four mining claims). ©2019 Republic of Mining. Finding enough proven and probable ore reserves to support a mining operation of between one million and two million tones a year; They never were.
Mine D (‘D’ is for ‘deep’) is the latest phase of the Kidd Creek zinc-copper mine in Timmins, Ont. Each has its own vice-president and general manager.
Submit your details to receive further information about this report. In addition, there is an estimated 32.2 million tones of ore in the proven, probable and possible reserves for a grand total of 138.7 million tones of base metals. The orebody is now mined at depth through three shafts as the No.1, No.2 and No.3 Mines. Meanwhile, Texas Gulf was up to its armpits in legal trouble. Subscribe to our trusted data and analysis for global energy, chemicals, metals and mining industries. The mine is owned and operated by Kid Operations, a subsidiary of Glencore. The orebody is now mined at depth through three shafts as the No.1, No.2 and No.3 Mines. It has processed 106.5 million tones grading 6.55% zinc, 2.31% copper, .24% lead and 94 grams silver per tonne. The crew needed food and other supplies, and speculation began to grow as to what was going on in Kidd Township.
On the night of November 9, 1963, the drill foreman Rene Gervais brought Darke part of the core, and after examining it, the young geologist knew they were onto something big. A detailed analysis of the Galore Creek copper mine project. Phase 2 of No.3 Mine is currently being developed. The mine started production in 1966 from an open pit. Barrie, C.T., 1999. They needed to don more drilling in the area to prove that the first drill hadn’t just hit a fluke band of copper but they had to keep the find secret until they could acquire the land around it. It immediately sold the Canadian mineral property to the Canada Development Corporation (controlled by the federal government) and in 1986, Falconbridge acquired it.
Metal production at Kidd was $674.1 million in 1996. In a few years, the gold miners were making money they had only dreamed about. The owners of the key claims who had sold to the company were in court because they felt they had been deceived as to the true value of their land. While all this was going on, Texas Gulf was selecting a site for a concentrator 17 miles east of the find, building a highway from Timmins through the muskeg to the discovery, and constructing a railroad between the mine and the metallurgical site. By continuing to browse the site you are agreeing to our use of cookies. The deepest and most prolific base metals mine in the world has a lengthy history of innovation, which is fueling rumours that Kidd may continue production well past 2022. The U.S. Securities and Exchange Commission (SEC) took exception to the publicly-traded company keeping a major discovery under wraps for over five months. The mine started production in 1966 from an open pit. Cabang ... Rancangan Teknis Penambangan Rancangan teknis penambangan merupakan bagian dari suatu perencanaan tambang.
A study done by the Geological Survey of Canada, the Ontario Geological Survey and Falconbridge was released in 1995, proving that the orebody was a “tear”, self-contained and geologically speaking isolated. On November 8, 1963, a young Canadian geologist named Ken Darke set up a diamond drill 16 miles north of the Town of Timmins. Mineralisation occurs within a rhyolitic volcanic/volcaniclastic sequence as massive sulphide lenses of dominantly pyritepyrrhotite-sphalerite-galena-rich ores that are underlain by copper in chalcopyrite stringer zones. Blastholes are drilled using Ingersoll Rand, Mission and Cubex drills and broken ore is hauled underground by Tamrock load-haul-dump units.
The Northern Miner, the bible of North American mining journals, got wind of the story and managed to put together enough that the company agreed to talk. The money is seen with the copper and zinc that is mined from the ore. There is nothing as fast as the rumour grapevine in mining circles. It decided to look elsewhere for sulphides and Canada was targeted.
On the same day, Texas Gulf made a formal announcement in New York. If you would like to learn more about how we use cookies and how you can manage them, see our Cookie policy.
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