Resolution Copper awards $110 million in US contracts for Arizona underground mine development

Reuters2026/08/07 16:44

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rio Tinto plc published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608071243PR_NEWS_USPR_____LA21895) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Resolution Copper awards $110 million in US contracts for Arizona underground mine development

You may also like

Crypto prices