Feds Deny Lease Renewals for Minnesota Mine
January 2017 by Associated PressTwo longstanding mineral rights leases that are critical for a proposed large underground copper-nickel mine upstream from the Boundary Waters Canoe Area Wilderness in northeastern Minnesota will not be renewed, two federal agencies announced…
So you think you have an ore deposit? The work has been long and hard, but there are a few drill holes, lots of samples and assays. The data is in a reliable computer and there may be a mine at the end of the tunnel. What is the likelihood of a profitable operation? Can you raise capital for development or exploration?
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In some ways, silver is the forgotten precious metal because it straddles both the world of precious metals and jewelry, while having many important industrial applications like a base metal. The price of silver reflects both the precious metal investment demand as well as the industrial demand.
Every year the Northwest Mining Association holds an industry trade show. Many vendors are on hand, and there are many presentations given. With thousands of folks in attendance it’s not hard to get a pulse on what is happening in the mining industry.
Two longstanding mineral rights leases that are critical for a proposed large underground copper-nickel mine upstream from the Boundary Waters Canoe Area Wilderness in northeastern Minnesota will not be renewed, two federal agencies announced…
One of the reasons I am bringing this article forward to readers now is that the mine personnel are celebrating the production of 150 million ounces of silver since 1986.
Without this versatile group of technologies, we would be hard-pressed to produce the metals so critical to our modern way of life. The robust mining industry of today would literally not exist.
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That First Nugget