Hecla Fights Bad Actor Label in Montana
May 2018 by Matthew Brown
Environmental groups last year urged Montana regulators to impose the bad actor designation, and now are seeking to intervene in the case.
If all goes well before the BLM issues its final approval, Littleton, Colorado-based UR-Energy could start building the Lost Creek mine by early October, according to company and BLM officials.
At the peak of construction later this year, the mine will generate more than 6,000 direct and indirect jobs across the state with annual wages totaling more than $200 million...
Copper is a critically important metal that we need to run our modern electronic society, and the long term outlook for this metal is for a steady increase in price.
The company that wants to build and operate the mine, Rare Element Resources Ltd., promises high-wage jobs and economic vitality to an area where 40 percent of the population is age 50 or older.
Nevada gold mines produced only about 6 percent more gold in 2010 than they did the year before, but the value of that gold was up a whopping 33 percent.
The settlement did not grant an immediate approval for the project, but it did begin to clear the way for the company to apply for federal permits—a path the Obama administration previously had thwarted.
Arizona-based International Silver Inc. is proposing an underground silver and zinc mine in Montana and has asked Butte-Silver Bow County to lease them the surface and mineral rights to hundreds of acres.
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