Feds Deliver Another Blow To Twin Metals MineOne day after Gov. Mark Dayton dealt a serious blow to the proposed Twin Metals copper-nickel mine, a federal agency has handed the company another setback.
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.
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.