The Associated Press reports new technology will allow miners to reach down nearly 4,000 feet into the earth to tap into possibly one of the largest untapped nickel and copper mines in the world. Twin Metals executives say the project will bring thousands of new jobs to the Iron Range.
Mining company boosts projections of 'monster deposit' near Ely
Duluth Metals, the Canadian-based parent of Twin Metals Minnesota, says new data confirms they have one of the world's largest deposits of copper, nickel and precious metals. CEO Christopher Dundas tells the Associated Press he estimates the value at more than $100 billion.