Palladon get news paper write up.
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posted on
Oct 03, 2008 03:01AM
http://www.palladonmining.com/s/Home.asp
After 12 years on ice, ore mine comes back to life in Iron County
Article Last Updated: 10/02/2008 03:16:16 PM MDT
Posted: 3:03 PM-
CEDAR CITY - Iron County's namesake is being mined by a Utah company with plans to sell more than $1 billion worth of high-grade ore to China during the next five years.
"This is the richest ore I've ever seen," said Brad Smith, a mining engineer with Palladon Ventures Ltd., a Salt Lake City-based company that owns the 6,600-acre Iron Bull Milling and Mining operation located 16 miles west of Cedar City.
The open-pit mine, which closed in 1996 under Geneva Steel, became active again on Sept. 11 with a 25-person staff and plans to eventually employ about 120 workers.
Once scooped out of the
ground, the ore - black as coal and easily distinguishable from the surrounding white-waste rock - will be crushed into chunks a tad smaller than a baseball.
MINE'S BACK
Iron County will host a Grand Blast ceremony at the mine for former employees at 11 a.m. on Oct. 23.
More information about the mine is at: http://www.palladonventures.com
The ore is then moved to a stockpile by conveyor belts. Under the stockpile, the coal drops onto another conveyor belt stretched through a 450-foot long underground tunnel that carries ore to a large hopper called a tipple.
Rail cars will sit under the tipple and be filled with crushed ore.
Palladon President and CEO Donald Foot said his company wants to mine two million tons annually before expanding to 4 million tons.
The company also wants to build a concentrator to pulverize the
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