Posted in | News | Copper | Silver

Revett Minerals Extends Life of Troy Mine, Montana

Related Stories

Revett Minerals Inc. said that the Troy Mine situated in western Montana had enough copper and silver ore for the mine to operate for another 7 years minimum. It could even be longer, an official from the Spokane, Washington based company said.

The president of the company John Shanahan told Flathead Beacon that the higher prices being obtained for minerals have made it possible to mine the abundant low grade ore present at the mine profitably.

Nearly 1.4 million tons of ore was processed at the Troy Mine in 2011 and earned Revett Minerals nearly $30 million. The Troy Mine saw initial mining operations in 1981 and was shut down subsequently in 1993 due to low mineral prices.

More recently the upward spiraling prices of both copper and silver saw the mine being reopened in 2005. Despite the lower grade of mineral ore the mine is operating at a profit and hopes to continue to do so for at least another seven years.

Joel Scanlon

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Scanlon, Joel. (2019, March 19). Revett Minerals Extends Life of Troy Mine, Montana. AZoMining. Retrieved on April 18, 2024 from https://www.azomining.com/News.aspx?newsID=5854.

  • MLA

    Scanlon, Joel. "Revett Minerals Extends Life of Troy Mine, Montana". AZoMining. 18 April 2024. <https://www.azomining.com/News.aspx?newsID=5854>.

  • Chicago

    Scanlon, Joel. "Revett Minerals Extends Life of Troy Mine, Montana". AZoMining. https://www.azomining.com/News.aspx?newsID=5854. (accessed April 18, 2024).

  • Harvard

    Scanlon, Joel. 2019. Revett Minerals Extends Life of Troy Mine, Montana. AZoMining, viewed 18 April 2024, https://www.azomining.com/News.aspx?newsID=5854.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
(Logout)
Your comment type
Submit

Newsletters you may be interested in

See all Newsletters »

Terms

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

Provide Feedback