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Sierra Resource Group Inc SIRG
Posted On: 04/26/2013 12:58:44 PM
Post# of 4018
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Posted By: Lmcat

Kennecott has informed investors it will produce 140,000 fewer tons of copper in 2013. It had planned to move 260 million tons of rock from the pit, but faces a waste pile nearly as large.




Company officials were uncertain how much of a cleanup was necessary — they could leave some of it in place and work around it.




Kennecott officials say two crucial pieces of equipment — a rock crusher and conveyer belt — were left undamaged inside the pit, making a faster recovery possible. They said federal regulators had granted them access to the bottom of the pit only Thursday.















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