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Kennecott Land was established by Rio Tinto in April 2001 to develop surplus mining land. Daybreak Community , the first part of the process, is situated on 4,126 acres (1,670 ha; 16.70 km 2 ) in the city of South Jordan where 20,000 homes and up to 14,000,000 square feet (1,300,000 m 2 ) of commercial space are planned.
The operator of the mine, the Ridgeway Mining Company, is a subdivision of Kennecott Minerals. Kennecott is a subdivision of Rio Tinto which is one of the world's largest mining companies. The mine faced fierce opposition from the local community while applying for permits and licensing from government regulators.
In 1986, Kennecott discovered gold in nearby Barney's Canyon. [18] The Bingham Canyon Mine, an aerial photograph taken June 2018. KCC was purchased by Sohio in 1981, and the mine reopened in 1987 after BP Minerals purchased the assets. In 1989 the Rio Tinto Group acquired the asset, which modernized the mine, mill, and smelter. [17]: 9
Rio Tinto Group is a British-Australian multinational company that is the world's second largest metals and mining corporation (behind BHP). [3] It was founded in 1873 when a group of investors purchased a mine complex on the Rio Tinto, in Huelva, Spain, from the Spanish government. It has grown through a long series of mergers and acquisitions.
Resolution Copper (RCM) is a joint venture owned by Rio Tinto and BHP formed to develop and operate an underground copper mine near Superior, Arizona, U.S. The project targets a deep-seated porphyry copper deposit located under the now inactive Magma Mine .
A rescue operation in Colorado to bring trapped mining tour visitors out of an underground mine was successful, seven hours after one person died and four others were injured. 12 rescued from ...
In November 2007, Rio Tinto Group announced that it would try to divest RTEA and its assets. As a first step in that effort, Rio Tinto agreed in March 2009 to sell the Jacobs Ranch coal mine to Arch Coal for a sum of $761 million.
The Bingham Canyon Reclamation Project, in Utah, was a 1973 site-specific mine reclamation design that artist Robert Smithson submitted to the mine's management company, Kennecott Copper Corporation. The design re-imagined Bingham Canyon Mine , the world's largest open pit mine , as a monumental work of land art .