At least copper prices are recovering. That was re
Post# of 4018
At least copper prices are recovering. That was really ugly. But with the Kennecott copper mine landslide, copper production will be dropping.
The landslide that washed over the terraced steps of a mining pit nearly a mile deep left only the tip of one giant electric-powered shovel poking out of the dirt. The rubble buried three of them, along with 14 enormous haul trucks.
Even more of Kennecott Utah Copper’s equipment lay buried under uneven piles of rubble as high as 300 feet at the bottom of the pit west of Salt Lake City.
It will take months for the major U.S. copper mine to recover from the devastating landslide, even though it had been anticipated by the company. It ran farther out than expected, burying equipment that had been staged there for a dig-out.
The company has asked 2,100 workers to take vacation or unpaid leave, but few are doing so yet.
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