Monday, December 22, 2008

Mining Equipment List for the Cripple Creek and Victor, Gold Mine, in Colorado Springs


The development drilling, analysis, mining equipment list and requirements for the mine life extension of the Cripple Creek and Victor, Gold Mine, in Colorado Springs, USA are under review. The proposed extension is to include the development of new sources of ore and an extension to the additional heap-leach facility.

The Cripple Creek and Victor gold mine (CC&V) is in southwest of Colorado Springs in the US state of Colorado. For many years the Cripple Creek Mining District was a series of underground mines. Following the start in 1994 of the CC&V Cresson Project today it is a low-grade, open-pit operation.

In March 1999 AngloGold Ashanti acquired the Pikes Peak Mining Company, and interests in the Cripple Creek & Victor Gold Mining Company (CC&V) and the Jerritt Canyon Joint Venture. The stake in the Jerritt Canyon Joint Venture was sold to Queenstake in mid-2003.

Up until mid-2008 the CC&V mine was a joint venture two-thirds owned by AngloGold Ashanti with Golden Cycle Gold Corporation owning the balance. In mid-2008 AngloGold completed a full acquisition of Golden Cycle which resulted in its taking 100% ownership of the CC&V mine.

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