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Welcome to the SME Tucson Section

 Announcements & News

$900M Financing Sought For Mine
  • June 7, 2009, Arizona Daily Star -- Four years after buying more than 2,000 acres in the Santa Rita Mountains for $20 million to put a copper mine there, Augusta Resource Corp. is going after the really big bucks: $900 million in financing to build it.  More…
Grupo Mexico Offers $2.9 Billion to Reorganize Asarco
  • June 02 2009, Wall Street Journal -- Mexico's largest mining company said Tuesday it is offering $2.9 billion to take its U.S. copper subsidiary, Asarco LLC, out of Chapter 11 bankruptcy, where the Tucson, Ariz., company has languished since August 2005.  Read article
SME Tucson Section Monthy Miner Newsletter - May Edition
May 09

The Department of Mines and Mineral Resources for the State of Arizona has an opening for a Mining Engineer
Copper-price rebound boosts new mining ventures
  • After a year of eye-popping profits in the copper industry that gave way to massive losses and layoffs, it appears 2009 may bring stability.
    Arizona Daily Star - Apr 17 12:21 AM
Grupo court loss worth $6B to Asarco
  • A six-year-old stock transfer that Asarco LLC says plunged the Tucson copper company into bankruptcy has been voided by a federal judge.
    Arizona Daily Star - Apr 16 12:35 AM
International Royalty invests in Nord's Ariz. copper mine
  • International Royalty Corp. said Wednesday it has invested $5 million in Nord Resources Corp.'s producing Johnson Camp copper mine in Cochise County, Ariz., in exchange for a royalty on the project.
    Denver Business Journal - Apr 01 7:51 AM
Nord Resources Reports 2008 Year-End Results
  • Nord Resources Corporation , which is ramping up mining and processing operations at Johnson Camp Mine in Arizona, today announced its financial results for the year ended December 31, 2008.
    CNW Group via Yahoo! Finance - Mar 31 4:21 PM
ADEQ fines mining company $105k for dust
  • PHOENIX (March 31, 2009) - The Arizona Department of Environmental Quality and Arizona Attorney General's Office announced today that Freeport-McMoRan Sierrita Inc. will pay $105,000 to the state under
    KVOA Tucson - Mar 31 2:33 PM
Scientists develop new approach to mine disasters
  • (PhysOrg.com) -- University of Utah scientists devised a new way to find miners trapped by cave-ins. The method involves installing iron plates and sledgehammers at regular intervals inside mines, and sensitive listening devices on the ground overhead.
    PhysOrg - Mar 26 8:00 AM
Tucson assay firm acquired
  • Tucson-based Jacobs Assay Office was acquired by two other locally based mining services firms.
    Arizona Daily Star - Mar 26 12:43 AM
Students gain valuable skills at San Xavier Mine Lab
  • When most students were in bed recovering from the chaos of midterms Saturday morning, Danny Marsh was at work 150-feet underground. Marsh, a mining engineering junior, was on the lowest level of the San Xavier Mining Laboratory outside of Sahuarita. Arizona Daily Wildcat - Mar 10, 2009.
Tucson SME March 2009 Newsletter

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Society for Mining, Metallurgy and Exploration - Tucson Section
PO Box 30456 - Tucson, Arizona 85751