A penny for this thought: copper mining could bring 5,000 jobs to northeastern MN - Bring Me The News

A penny for this thought: copper mining could bring 5,000 jobs to northeastern MN

Mining companies from around the world are exploring what lies under northeastern Minnesota and are finding some of the largest copper deposits on the planet. Minnesota's lode is estimated at 900 million tons, which would be second only to Russia. With economic growth - especially in China - pushing up demand for copper and other metals, Minnesota is poised for a resurgence of well-paying mining jobs.
Author:
Publish date:

Mining companies from around the world are exploring what lies under northeastern Minnesota and are finding some of the largest copper deposits on the planet. Minnesota's lode is estimated at 900 million tons, which would be second only to Russia. With economic growth - especially in China - pushing up demand for copper and other metals, Minnesota is poised for a resurgence of well-paying mining jobs.

Next Up

Related

Environmental review of PolyMet mine could be ready for public in October

PolyMet Mining wants to open a copper and nickel mine in northeastern Minnesota. The company has been working with the Environmental Protection Agency on how the project will meet air and water quality standards. Congressman Chip Cravaack says a supplemental environmental impact statement could be released to the public in October.

New estimates of precious metals near Ely could surpass $100 billion

A mining company exploring copper and nickel deposits southeast of Ely will update its estimate later this month. Twin Metals has drilled more than 400 holes as it puts together a picture of the deposits. One industry expert tells MPR it's already clear there's enough precious metal to keep mines busy for 60 years. The debate over whether to issue environmental permits is in the early stages, though, and any mines are still years away.

Giant mine near Ely would be 'like an underground city'

Twin Metals wants to build the largest mine in Minnesota history -- a project on par with the biggest mines in the world -- to tap into what geologists say are enormous metal deposits. The Duluth News Tribune says it would be among the most extensive private enterprises in state history.