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For much of its life, Bingham Canyon was owned by Kennecott Copper Corp. However, during the post-1973 oil crisis shake-out, the company was acquired by British Petroleum, then sold on to Rio Tinto, which operates Bingham Canyon through its 100% subsidiary, Kennecott Utah Copper Corp. The facilities employ about 1,400 people.
In early 2005, Rio Tinto committed $170 million to the East 1 pushback project, which will extend the life of the open pit at Bingham Canyon until 2017. Various open-pit and underground alternatives will also be considered in relation to development of the mine after that.
Source : http://www.mining-technology.com/projects/bingham/
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