Soaring demand for copper will help drive mergers, BHP CEO says
Demand for copper, a key element in the energy transition, is set to rise by 70% to 100% by 2050, Mike Henry said
Excelsior Mining Corp. of Vancouver is developing the Gunnison in situ copper project in Cochise County for production beginning in Q4 2019. Work is progressing on all fronts.
The Gunnison project has always been easily accessible. Thanks to the new road south of highway I10, the production wellfield is as well. The property has direct access to road, rail, power and water.
Excelsior has five rigs on site working on collar drilling and installation of the cement casings of the initial wells. The entire wellfield – 41 production wells and 22 compliance wells – should be complete by July this year.
A 3.2-km pipeline is being constructed to connect the processing facilities to the wellfield. The launch and receiving pits are done, and horizontal boring scheduled to begin in March. The pipeline is to be completed by May 2019.
Excelsior is ramping up the staff hiring process, including Brent Berg as environmental, health and safety manager. Berg is a former president of Cameco Resources.
This story first appeared at Canadian Mining Journal.
