Rio Algom
Encyclopedia
Rio Algom was a mining
corporation that was purchased by Billiton
in 2000.
and mills in the Elliot Lake region of Ontario
, Canada
, including the Lacnor Mine
, Nordic Mine
, Panel Mine
, Pronto Mine
, Quirke Mine
, Milliken Mine
, Stanleigh Mine
, and the Spanish-American Mine. These operated from the 1950s to the 1990s.
It got ownership of a uranium mill in the Ambrosia Lake
region of New Mexico
when it purchased the Quivira Mining Corporation
from Kerr-McGee
in 1989. The mill had only been active from 1958-1985. However from 1989-2002 it produced uranium from recovered mine-water.
(a subsidiary of Kerr-McGee
) in 1989.
Rio Algom was bought by Billiton (which later became BHP Billiton
) in 2000.
Mining
Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...
corporation that was purchased by Billiton
BHP Billiton
BHP Billiton is a global mining, oil and gas company headquartered in Melbourne, Australia and with a major management office in London, United Kingdom...
in 2000.
Uranium
It operated many uranium minesUranium mining
Uranium mining is the process of extraction of uranium ore from the ground. The worldwide production of uranium in 2009 amounted to 50,572 tonnes, of which 27% was mined in Kazakhstan. Kazakhstan, Canada, and Australia are the top three producers and together account for 63% of world uranium...
and mills in the Elliot Lake region of Ontario
Ontario
Ontario is a province of Canada, located in east-central Canada. It is Canada's most populous province and second largest in total area. It is home to the nation's most populous city, Toronto, and the nation's capital, Ottawa....
, Canada
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
, including the Lacnor Mine
Lacnor Mine
The Lacnor Mine, is an abandoned uranium mine in the Elliot Lake area of Ontario, owned by Rio Algom Ltd. The site has been rehabilitated and its tailings facility is currently undergoing environmental monitoring by Denison Environmental Services....
, Nordic Mine
Nordic Mine
The Nordic Mine, is an abandoned uranium mine in the Elliot Lake area of Ontario, owned by Rio Algom Ltd. The site has been rehabilitated and its tailings facility is currently undergoing environmental monitoring by Denison Environmental Services....
, Panel Mine
Panel Mine
The Panel Mine is an abandoned uranium mine located approximately 14.5 km northeast of Elliot Lake, Ontario, owned and operated by Rio Algom Ltd...
, Pronto Mine
Pronto Mine
The Pronto Mine is an historical uranium mine located approximately 20 km south of Elliot Lake, Ontario near Spragge. The site is owned and operated by Rio Algom Ltd, has been rehabilitated and is currently undergoing environmental monitoring....
, Quirke Mine
Quirke Mine
The Quirke Mine is an abandoned uranium mine located approximately 13.5 km north of Elliot Lake, Ontario, owned and operated by Rio Algom Ltd...
, Milliken Mine
Milliken Mine
The Milliken Mine is an abandoned uranium mine located approximately 2.5 km northeast of Elliot Lake, Ontario, owned and operated by Rio Algom Ltd...
, Stanleigh Mine
Stanleigh Mine
The Stanleigh Mine is an abandoned uranium mine located approximately 3 km northeast of Elliot Lake, Ontario, owned and operated by Rio Algom Ltd. The site has been rehabilitated and is currently undergoing environmental monitoring....
, and the Spanish-American Mine. These operated from the 1950s to the 1990s.
It got ownership of a uranium mill in the Ambrosia Lake
Ambrosia Lake
Ambrosia Lake is a sandy area near Grants, New Mexico that was heavily mined for uranium starting in the 1950s. It is in an anticlinal dome.-History:...
region of New Mexico
New Mexico
New Mexico is a state located in the southwest and western regions of the United States. New Mexico is also usually considered one of the Mountain States. With a population density of 16 per square mile, New Mexico is the sixth-most sparsely inhabited U.S...
when it purchased the Quivira Mining Corporation
Quivira Mining Corporation
The Quivira Mining Corporation was a uranium mining company owned by Kerr-McGee Corporation. It was formed from the Kerr-McGee Nuclear Corporation in 1983....
from Kerr-McGee
Kerr-McGee
The Kerr-McGee Corporation, founded in 1929, was an energy company involved in the exploration and production of oil and gas. On June 23, 2006, Houston-based Anadarko Petroleum Corporation agreed to acquire Kerr-McGee in an all-cash transaction totaling $16.5 billion plus the assumption of $2.6...
in 1989. The mill had only been active from 1958-1985. However from 1989-2002 it produced uranium from recovered mine-water.
Mergers and acquisitions
Rio Algom bought the Quivira Mining CorporationQuivira Mining Corporation
The Quivira Mining Corporation was a uranium mining company owned by Kerr-McGee Corporation. It was formed from the Kerr-McGee Nuclear Corporation in 1983....
(a subsidiary of Kerr-McGee
Kerr-McGee
The Kerr-McGee Corporation, founded in 1929, was an energy company involved in the exploration and production of oil and gas. On June 23, 2006, Houston-based Anadarko Petroleum Corporation agreed to acquire Kerr-McGee in an all-cash transaction totaling $16.5 billion plus the assumption of $2.6...
) in 1989.
Rio Algom was bought by Billiton (which later became BHP Billiton
BHP Billiton
BHP Billiton is a global mining, oil and gas company headquartered in Melbourne, Australia and with a major management office in London, United Kingdom...
) in 2000.