Study Shows Twin Metals Mine Economically FeasibleThe majority owner of the proposed Twin Metals copper-nickel mine in northeastern Minnesota says a study shows the project would be economically competitive.
Major Partner Won't Expand Stake In Mine Near ElyA major partner has given up the right to take a bigger stake in a proposed copper-nickel mine near Ely in northeastern Minnesota. Chilean-based mining company Antofagasta PLC said Thursday it has terminated its option to buy another 25 percent of Twin Metals Minnesota. The announcement says Toronto-based Duluth Metals Ltd. is now assuming control of the joint venture.
Study For Proposed Twin Metals Mine Due Mid-2014 The parent company for the proposed Twin Metals copper-nickel mine near Ely expects to reach a key milestone in the coming months. Duluth Metals Limited says its "pre-feasibility" study is progressing well and is scheduled for completion by mid-year.
3 Companies Bid In Minn. Mineral Rights AuctionThree companies have submitted bids for the right to explore and mine for copper, nickel and other metals in Minnesota's latest mineral rights auction.
Projections Boosted For Copper Mine Near ElyThe company planning a copper-nickel mine near Ely has boosted its estimates of how much metal it's sitting on.
Duluth Mining Company Goes International