Bingham Canyon copper mine

Bingham Canyon Mine (Utah, United States)

Also known as the Kennecott Copper Mine, the Bingham Canyon Mine near Salt Lake City, Utah (USA) is the largest excavation on earth.

Amount (as of 2004) and value (market prices as of April 19, 2012) of metals mined:

  • 34 billion pounds of copper at $3.66/lb = $124 billion
  • 23 million ounces of gold at $1642/oz = $38 billion
  • 190 million ounces of silver at $31.70 = $6 billion
  • 850 million pounds of molybdenum at $14.50/lb = $12 billion
  • Total production as of 2004 is worth approximately $180 billion

Annual production as of 2012:

  • 600 million pounds of copper at $3.66/lb = $2.2 billion
  • 400,000 ounces of gold at $1624/oz = $650 million
  • 4 million ounces of silver at $31.70/oz = $125 million
  • 20 million pounds of molybdenum at $14.50/lb = $290 million
  • Annual production is worth approximately $3.25 billion

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Bingham Canyon copper mine

Andreas Feininger Bingham Canyon Mine

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