Rosemont Mine

[COUESAZ]

It is not just those in the mining field that suffer and lose jobs. It is a whole community that loses jobs. If miners go away it is less people to buy food,clothing,meds,cars,gas,and need the people in the credit world. So yes the price of copper and gas are the same. People make a living off the sale of both. the trouble is that the mining is right here in the USA and most of the oil is coming from out of the US. Copper makes our money worth something as well. I am a plumber and have had to go to using Pex pipe because of the price of copper but i still want those in the mining industry to be able to survive. And i am talking about those working in the mines not owning the mines.

[DesertBull]

And i am talking about those working in the mines not owning the mines.

 

Thank you Karl Marx.

 

[tommat]

This mine MUST BE STOPPED! I am glad copper is falling hard in price. Rosemont is one of my favorite places to hunt, trail ride with my wife and quad with the kids....we need this strip mine like a hole in the head!

 

 

I work in the copper mining industry and based on your radical statement above I take great exception to the fact that you are happy that copper prices are falling. I don't quite know how to say it nicely but what a ignorant statement. You should really do some research before you open you mouth to the impact that copper has on the economy of this nation and more importantly the State of Arizona. Whether or not you agree with the Rosemont mine i could care less but when you start talking about being happy about falling copper prices you sir directly affect my lively hood. I am not sure what you do for a living but I sure would not go around hoping that your business would fail. There are many many members of this forum who's living is made mining copper so I'm sure you have not made many friends today.

 

Sundevils79 - My statement was, I admit, purely a selfish one and not meant wish you or other miners any ill harm. How radical the statement was could be debated...and I am not uneducated nor ignorant.....it's not like I'm talking about chaining myself to equipment or monkey wrenching. However the more I look into this mine the more I hate it. Do I want copper prices to hit rock bottom, No. but repressed enough to make the Canadian owners of this venture think twice about it. Heck yes! Besides promising everything and I mean everything, including water for all. I have talked to guys working in pit mines and the obsene amount of water they use. We live in a desert! The water dries up so do we! By Rosemont Copper's own admission, the copper they mine will most likely be exported to China. I don't like having tailings dumped all over our national forest for the Chinese. I know it is good for the country to have exports, but knowing China they will tariff the heck out of it like everything else we export to them, negating most of the positive. I have grown up in Arizona, I know all about the three C's. I know we need copper for everything from cell phones to F-16's. I will never change your mind about this pit mine. If this was only to affect the private land it will be located on I would be all for it. But tailings piled on our National Forest, on a State Scenic route, is wrong. I agree and wish all of the members would go to the Rosemont Copper Web site and the Save the Scenic Santa Ritas Web site to decide on their own, ( Just Google 'em ). We should know in a year or so...From conversations I have had with many I am fairly certain the mine will be built. If by some miracle it is not built them we both win. Less copper on the market from this mine will actually help sustain a higher price for copper. That's another way to look at it...........Good luck to you Sundevils79 and I hope the mine or related industry you work for does well.

[tommat]

Wow.....and the layoffs have begun..in the hundreds....I fell sorta bad now.

[Birddog]

I have been in the telecom industry for about 12 years and I am directly effected by the price of copper every day. From what I have seen in just the past 12 years over all the price of copper has only gone up. The box's of cable I buy have only gone up in price and never down due to copper. After a job is done I always scrap the cable at the same scrap yard. What I receive per lb. is still at least double of what I used to receive say 6 years ago. Soooo yes I think the copper industry can take a slight fall. Hate it if you like... just my 2 shiny copper pennies.

[curmudgen]

I don't claim to know whether the proposed Rosemont mine is necessary for our nation's security or welfare, but I do know that once it's in operation that area will lose all its value for hunting or anything else forever. No open pit mine has ever been "reclaimed" unless by reclamation you mean planting grass on the tailings dumps like you see as you drive fom Miami to Globe. Reclamation is a farce. Look at mining sites throughout the west and the coal mining back east where they take off the tops of mountains and fill in the streams and valleys totally destroying the ecosystem forever without regard for the value of what has been destroyed. Mining is necessarily destructive and there is never enough money left over for reclamation notwithstanding the good intentions of the mining companies. The Mining law of 1872, think of that: 1872, governs hardrock mining and has not and will not soon be amended to require meaningful reclamation no matter how much the company or the government reassures us. So the question boils down to whether the area is more valuable as a copper mine or as a beautiful area to run ATV's and do other kinds of outdoor recreation. Both cannot coexist there.

It's going to be one or the other and I suppose the mine will win out as the law favors mining over recreation. As John Denver sang, "more people, more scars upon the land".

[DesertBull]

Well, Obama says he is going to bankrupt the coal and coal mining industry.

[Birddog]

Well, Obama says he is going to bankrupt the coal and coal mining industry.

 

 

Obama will only be referred to me by President Husain!

[SilentButDeadly]

how about this equation:

 

there is X amount of copper in the hills around Rosemont, which is worth Y amount of dollars. Y is computed by adding up the sales of X as its value changes over Time, T, adjusting for inflation, i.

 

Say, after 40 years the mine runs out of copper the total value of the mine will have been reached.

 

Now, since deer hunting, and recreation don't always have absolute dollars, Y, associated with them, you can do a relative value (like willingness-to-pay to use the land or hunt, etc), call that W, and compute that over T, adjusted for inflation, i.

 

The difference is that time, T, for recreation is forever, you can use that land for an infinite amount of time. So what is W*i * Infinity? Answer = INFINITY

 

The value of the land for natural resources is like the Tortoise and the Hare.... The slow low dollar return (Tortoise = Recreation) vs the fast high dollar return (Hare = Mining).

 

So, what do you think:

 

Mine, baby, Mine? = Couple hundred million$$

 

OR

 

Leave it be? = Infinite$$

[DesertBull]

how about this equation:

 

there is X amount of copper in the hills around Rosemont, which is worth Y amount of dollars. Y is computed by adding up the sales of X as its value changes over Time, T, adjusting for inflation, i.

 

Say, after 40 years the mine runs out of copper the total value of the mine will have been reached.

 

Now, since deer hunting, and recreation don't always have absolute dollars, Y, associated with them, you can do a relative value (like willingness-to-pay to use the land or hunt, etc), call that W, and compute that over T, adjusted for inflation, i.

 

The difference is that time, T, for recreation is forever, you can use that land for an infinite amount of time. So what is W*i * Infinity? Answer = INFINITY

 

The value of the land for natural resources is like the Tortoise and the Hare.... The slow low dollar return (Tortoise = Recreation) vs the fast high dollar return (Hare = Mining).

 

So, what do you think:

 

Mine, baby, Mine? = Couple hundred million$$

 

OR

 

Leave it be? = Infinite$$

 

I think I figurged it out

 

X = WTF?

 

 

[IHunt2live]

how about this equation:

 

there is X amount of copper in the hills around Rosemont, which is worth Y amount of dollars. Y is computed by adding up the sales of X as its value changes over Time, T, adjusting for inflation, i.

 

Say, after 40 years the mine runs out of copper the total value of the mine will have been reached.

 

Now, since deer hunting, and recreation don't always have absolute dollars, Y, associated with them, you can do a relative value (like willingness-to-pay to use the land or hunt, etc), call that W, and compute that over T, adjusted for inflation, i.

 

The difference is that time, T, for recreation is forever, you can use that land for an infinite amount of time. So what is W*i * Infinity? Answer = INFINITY

 

The value of the land for natural resources is like the Tortoise and the Hare.... The slow low dollar return (Tortoise = Recreation) vs the fast high dollar return (Hare = Mining).

 

So, what do you think:

 

Mine, baby, Mine? = Couple hundred million$$

 

OR

 

Leave it be? = Infinite$$

 

I think I figurged it out

 

X = WTF?

 

 

You'll have to forgive him... Grad students, let alone phd students, have a laugauge all of there own.

 

[tommat]

whoa, what did I get into here?

[arizonian]

"Rosemont is one of my favorite places to hunt, trail ride with my wife and quad with the kids...."

 

Let's see, quads are made of metal...

 

Metal doesn't grow on trees...

 

Where does metal come from?...

 

!!It must be mined!!

 

Bill in sunny Tucson

[tommat]

With Obama to name Grijalva as Sec of Interior I think That the Rosemont Mine will be D.O.A. Grijalva has always opposed it.

[crazy4COUES]

I am all stressed out now!