$90.1 million deal: Arizona Eastern Railway being sold
The new owner, Genesee & Wyoming Inc., operates short-line and regional railroads in the United States, Canada, Australia, the Netherlands and Belgium. The company says it provides rail service to 17 ports in North America while its other operations also include 63 railroads in nine regions in Australia, in addition to railways in the two European countries. Corporate headquarters are in Greenwich, Conn. Iowa Pacific Holdings, based in Chicago, Ill., says it owns railroad properties across North America and the United Kingdom. Ed Ellis, President, said, “We are grateful to the hard working men and women of Arizona Eastern Railway for their diligence and creativity in assisting us with the turnaround of this important rail property in Eastern Arizona. We also acknowledge the instrumental contributions of the major customer, Freeport-McMoRan Copper and Gold, toward the rehabilitation of the track and bridges. We are confident that Genesee & Wyoming will take Arizona Eastern to the next level in service and condition of the physical plant.” The historic origin of what is now the Arizona Eastern Railway Company first began back in 1885 as the Gila Valley Globe and Northern Railway. Before completion to Globe in 1899, GVGN came under the control of the Arizona Eastern Railroad which was later leased by the Southern Pacific Railroad Company in the year 1905. By 1924, it was merged into the Southern Pacific system. It was around 1988 when Southern Pacific left Globe-Miami and other mining communities it was serving in Eastern Arizona and sold its Bowie-Miami line to Kyle Railroad. Kyle in 1995 was purchased by a company called States Rail. However in 2001, Rail America purchased the local line from States Rail who sold it to a division of Iowa Pacific Holdings, LLC on Dec. 9, 2004. It was in 2008 when officials of Arizona Eastern decided to purchased the Clifton Subdivision from Union Pacific Railroad. The Clifton subdivision serves the Morenci Mine near Clifton, Ariz. and interchanges with Union Pacific at Lordsburg, N.M. In December of 2008, the company launched weekend excursion service under the name Copper Spike, which began operating from Globe to the Apache Gold Hotel Casino near San Carlos. Trains operate four daily round trips through the winter and spring, on Thursday through Sundays. Service is currently on hiatus through November.Arizona Copper Mines - News
(AP) — A proposed southern Arizona mine that would dig up 234 million pounds of copper annually remains in limbo awaiting permit applications and federal approval. The US Forest Service says it can't legally say "no" to the proposed Rosemont Copper Co
Arizona Eastern Railway operates 265 miles of railroad between Clifton and Miami, Ariz. This includes trackage rights over the Union Pacific rail lines between Lordsburg, NM and Bowie, Ariz. The Arizona Eastern line serves the copper mining regions of
The Company is the sole owner and operator of Oracle Ridge Mining LLC and copper mine located 24 km northeast of Tucson, Arizona. Gold Hawk has cash on hand of approximately $16 million, minimal long-term debt and is managed by an experienced team of
The mine water was pumped out of the underground copper mines, and it came with the added advantage of being free. At the time, Bisbee was a real oasis. Everyone had yards with grass that needed mowing and fruit trees and gardens.
SkyFOX captured video of the very large equipment as it was being moved toward its destination at a copper mine. Timothy Tate, with the Arizona Department of Transportation, said the 225-foot-long anode, which weighs 285 tons, moves very slowly and
Proposed Arizona copper mine mired in red tape | MINING.com News
A copper mine proposed for southern Arizona is stuck in limbo while federal regulatory agencies decide whether to grant the mining company a permit. that Rosemont Copper is waiting for the U.S. Army Corps of Engineers to grant or deny a permit for the mine, located on a mix of private and public land in the Santa Rita Mountains some 30 miles southeast of Tucson. Canadian Business says Rosemont Copper must obtain a permit from the corps to build diversion structures to reroute water now running in washes around various proposed mine facilities, including its open pit. While the corps could legally deny the mine a permit, even though it is on federal land, the US Forest Service has "said several times since 2008 it cannot say no to the mine because of an 1872 Mining Law and other federal laws that support the rights of companies to mine federal land," according to the story. Rosement says on its website that the mine is expected to produce 221 millon pounds of copper per year, 4.7 million pounds of moly, 2.4 million ounces of silver and 15,000 ounces of gold by-product over a minelife of more than 20 years. The property contains three copper/moly skarn deposits with proven and probable reserves of 546 million tons. Rosemont first started the permitting process in 2007 by filing a Plan of Operations with the Forest Service, the federal agency in charge of reviewing potential impacts and mitigation strategies.
Arizona Copper Mines - Bookshelf
The cost of mining, an exhibit of the results of important mines throughout the world
CHAPTER X COPPER MINES ON FISSURE VEINS IN MONTANA, AUSTRALIA, AND ARIZONA Copper Mines of Butte, Montana General conditions at Butte — External and ...Transactions of the American Institute of Mining Engineers
Copper minerals in San Juan County, Colo., xi, 189. Copper-mines: Alabama: Cleburne County; Wood's, xii [161]; Arizona: Cochise County; Copper Prince, xv, ...Transactions of the American Institute of Mining, Metallurgical and Petroleum Engineers
One of the principal mines of this class is the Modoc, owned by the Arizona Copper Company. It is about two miles westerly from the Detroit mines, ...Engineering and mining journal
These include the Hulsman and Engle mines. The latter have been under ... will drift to southern Arizona. Copper Queen has completed and blown in its No. ...The Mines handbook, an enlargement of the Copper hand book; a manual of the mining industry of North America
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Copper mining in Arizona - Wikipedia, the free encyclopedia
Copper mining in Arizona, a state of the United States, has been a major industry since the 19th century. ... Copper mining also produces gold and silver as byproducts.[2] ...
Arizona Mining Association
That mineral is copper, and this is the Arizona copper story. ... In the words of one Arizona copper mining executive, "What would build Arizona lay beneath the ground itself. ...
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Arizona Copper Mines. Arizona's major active and proposed copper mines ... Source: Arizona Department of Mines and Mineral Resources, June 2008. ...
Copper mining in the United States - Wikipedia, the free ...
US Mines producing copper in 2003 either as a primary or secondary commodity. ... Clifton later became one of the largest copper mining communities of Arizona. ...
Morenci Copper Mine, Arizona - Mining Technology
News and project information on the Morenci is the largest copper producer in North America and remains a major contributor to Phelps' copper output, which is second ...