Empire mine openpit heap-leach solvent extraction and electrowinning project, US
Name of the Project
Empire mine openpit heap-leach solvent extraction and electrowinning project.
Location
Idaho, in the US.
Project Owner/s
Phoenix Copper.
Project Description
Phoenix Copper has completed a new economic model for the Empire mine.
The economic model is based on ore production of 1.6-million tons a year over an initial nine-year mine life, with an additional two years of low-grade ore processing at the end of mining. This model does not take into account the recovery of gold and silver, but does now include zinc recovery.
Average production is estimated at 7 665 t/y of copper equivalent (about 7 000 t/y copper and 1 600 t/y zinc) over the life of the mine.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Preproduction capital costs are estimated at $50.58-million.
Planned Start/End Date
Mine production of copper and zinc is expected in late 2021.
Latest Developments
The new economic model will be used as a basis for the feasibility study that it aims to deliver before the end of 2020.
Phoenix also plans to investigate the possible expansion and extension of the project.
It will also continue to evaluate the wider Empire district, which now comprises 23 km2 of mineralised claims staked along a 5.4 km strike length from the Empire oxides, as well as the Navarre Creek precious metals zone.
Key Contracts and Suppliers
Hard Rock Consulting (economic model).
On Budget and on Time?
Too early to state.
Contact Details for Project Information
Phoenix Copper, email hello@pgmining.com.
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