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Mineral Park Analyst Visit
Submitted by Mike Niehuser on Thu, 04/26/2007 - 23:00
We recently visited Mercator Minerals Ltd.’s (TSX: ML) Mineral Park Mine, a copper and high grade molybdenum (moly) project in northwest Arizona, located about 95 miles southeast of Las Vegas, Nevada. From 1961 to 1981, Duval Corporation produced copper, moly and silver concentrates at a rate of about 19,000 tons per day (tpd) through a concentrator mill facility. Mercator acquired the Mineral Park Mine in 2003 from Equatorial Mining of Australia, and immediately embarked on a series of improvements and expansions to the SX-EW facility and operational improvements at the mine. In 2006, the Company produced approximately 9.5 million pounds of cathode copper through the expanded SX/EW plant.
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