Resolution Copper awards $110 million in US contracts for Arizona underground mine development
Reuters2026/08/07 16:44- Rio Tinto subsidiary Resolution Copper awarded about $110 million in US contracts to Major Drilling America, Redpath USA for Arizona mine work.
- Spending marks an early commitment under a roughly $500 million investment program tied to completion of the FEIS process, Record of Decision, land exchange.
- Major Drilling to run a 2.5-year deep directional diamond drilling program from surface, about 6,800 feet underground.
- Redpath to start underground development, convert two 7,000-foot shafts, build a new station about 6,800 feet below ground.
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