Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: ralfph who wrote (263725)	10/13/2018 10:58:12 AM
From: Rocket Red	Respond to of 312844

Cananea, MexicoCananea, also known as Buenavista copper mine, located in Sonora, Mexico, is the world’s second biggest copper mine by reserve. The open-pit mine was estimated to contain 26.874Mt of copper reserve as of December 2012. A total 200,000t of copper was mined from the pit in 2012. Opened in 1899, Cananea is one of the oldest open-pit mines in North America and is currently owned and operated by the Southern Copper Corporation (SCC), a subsidiary of Grupo Mexico. The mine extracts the porphyry copper deposit lying within the southern Cordilleran region. The ore is refined at an on-site concentrator, which has a milling capacity of 77,000 tonnes per day (tpd). The concentrate output is transported to the smelter at La Caridad by rail. Also present are an on-site leaching facility and two solvent extraction and electro winning (SX/EW) plants, with a production capacity of 55,000 tof copper cathode per year.