Engineering & Mining Journal

JUN 2016

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2 E&MJ; • JUNE 2016 FROM THE EDITOR Executives from Antofagasta Minerals fl ew to Washington, D.C., during May to meet with Minnesota lawmakers about the company's proposed Twin Metals copper mine. Antofa- gasta owns Twin Metals Minnesota (TMM), which hopes to open a copper mine south of Ely, Minnesota, near the Boundary Waters wilderness area. The group met with U.S. Rep. Rick Nolan, D-Crosby, who represents the region, and they reportedly gave him an update on what the company is committed to do as far as protecting the Boundary Waters. They also met U.S. Rep. Betty McCollum (D-St. Paul) and well…she was not as hospitable. After the meeting, Rep. McCollum released the following statement: "The Boundary Waters Canoe Area Wilderness and Voyageurs National Park are federal lands that must be protected. There is no evidence that sulfi de-ore copper mining can be conducted in this area without permanently damaging these national trea- sures. While I hope that this Chilean company will reconsider its plans to conduct this damaging mining, I will continue to build support for my bill to protect these treasures—the National Park and Wilderness Waters Protection Forever Act—and urge the Obama administration to prevent sulfi de-ore copper mining in this area." The support of federal regulatory agencies is critical to the project because they hold key access to mineral and exploration rights where TMM wants to mine. The federal and state mineral rights are administered by the Bureau of Land Manage- ment (BLM) and the Minnesota Department of Natural Resources (DNR), respec- tively, and the U.S. Forest Service (USFS) administers federal surface that overlies both federal and state minerals. The BLM and the Department of Interior are cur- rently deciding whether to renew some of those leases. Earlier this year, the project made news when Gov. Mark Dayton instructed the Minnesota DNR to refuse to allow TMM onto state lands to conduct preliminary work on the project. Dayton also sent letters to federal offi cials saying he opposed the Twin Metals project because of its proximity to the Boundary Waters. Dayton's position angered miners on Minnesota's Iron Range, and regional politicians have tried unsuccessfully to convince the governor to reconsider. TMM completed the project's prefeasibility study (PFS) in June 2014. The PFS evaluates signifi cant project details such as environmental protection strategies. These details, according to TMM, will eventually form a Mine Plan of Operation (MPO) that will be submitted to state and federal regulatory agencies for environ- mental review. At the current pace of permitting in the U.S., it could be seven years before the company gets approval if everything works its way. Once the company receives approval, they believe they can build the mine and mill in about three years at a capital cost of $2.8 billion. This would be the state's largest proposed private construction investment ever. The mine would employ 850 miners, who would produce and process 50,000 tons per day over the course of 30 years. The company has already invested more than $250 million to date. No matter how a person feels about mining and the Boundary Waters, what Dayton and McCollum have done here—denying access to state lands and lobbying the federal government to refuse to renew mineral leases—is wrong. It's beyond the customary regulatory overreach of this administration. Federal regulators should follow the rules and allow the process to operate as intended. Politicians Subvert Federal Approval Process Steve Fiscor/Editor-in-Chief Steve Fiscor, E&MJ; Editor-in-Chief, sfi scor@mining-media.com Mining Media International—Editorial Offi ce 11655 Central Parkway, Suite 306; Jacksonville, Florida 32224 USA Phone: +1.904.721.2925 / Fax: +1.904.721.2930 Editor-In-Chief—Steve Fiscor, sfi scor@mining-media.com Managing Editor—Russ Carter, rcarter@mining-media.com European Editor—Simon Walker, simon.emj@btinternet.com Latin American Editor—Oscar Martinez, omartinez@mining-media.com South African Editor—Gavin du Venage, gavinduvenage@gmail.com Australian Editor—John Miller, john@asiaminer.com Assistant Editor—Jennifer Jensen, jjensen@mining-media.com Graphic Designer—Tad Seabrook, tseabrook@mining-media.com Mining Media International—Corporate Offi ce 8751 East Hampden, Suite B1; Denver, Colorado 80231 USA Phone: +1.303.283.0640 / Fax: +1.303.283.0641 President/Publisher—Peter Johnson, pjohnson@mining-media.com VP-Sales and Marketing—John Bold, jbold@mining-media.com Midwest/Eastern U.S. & Canada, Sales—Victor Matteucci, vmatteucci@mining-media.com Western U.S. & Canada, Sales—Mary Lu Buse, mlbuse@mining-media.com Scandinavia, UK & European Sales—Colm Barry, colm.barry@telia.com Germany, Austria & Switzerland Sales—Gerd Strasmann, info@strasmann-media.de Australia & Asia Sales—Lanita Idrus, lanita@mining-media.com Japan Sales—Masao Ishiguro, ishiguro@irm.jp Indonesia Sales—Dimas Abdillah, dabdillah@mining-media.com Latin America Sales—Sylvia Palma, sylvia@downeyassociates.cl Classifi ed Advertising—Kirk Carbo, kcarbo@mining-media.com Production Manager—Dan Fitts, dfi tts@mining-media.com www.mining-media.com Engineering & Mining Journal, Volume 217, Issue 6, (ISSN 0095-8948) is published monthly by Mining Media, Inc., 10 Sedgwick Drive, Englewood, Colorado 80113 (mining- media.com). Periodicals Postage paid at Englewood, CO, and additional mailing offi ces. Canada Post Publications Mail Agreement No. 40845540. Canada return address: Station A, PO Box 54, Windsor ON N9A 6J5, Email: circulation@mining-media.com. Current and back issues and additional resources, including subscription request forms and an editorial cal- endar, are available on the World Wide Web at www.e-mj.com. SUBSCRIPTION RATES: Free and controlled circulation to qualifi ed subscribers. Non-qualifi ed persons may subscribe at the following rates: USA and Canada, 1 year, $82.00, 2 year, $139.00. Outside the USA and Canada, 1 year, $134.00, 2 year, $249.00 surface mail (1 year, $191.00, 2 year, $352.00 airmail delivery). For subscriber services or to order single copies, write to E&MJ;, 8751 East Hampden, Suite B1, Denver, CO 80231 USA; call +1.303.283.0640 (USA) or visit www.mining-media.com. ARCHIVES AND MICROFORM: This magazine is available for research and retrieval of selected archived articles from leading electronic databases and online search services, including Factiva, LexisNexis, and Proquest. For microform availability, contact ProQuest at 800-521- 0600 or +1.734.761.4700, or search the Serials in Microform listings at www.proquest.com. POSTMASTER: Send address changes to E&MJ;, P.O. Box 1337, Skokie, IL 60076 USA. REPRINTS: Mining Media Inc, 8751 East Hampden, Suite B1, Denver, CO 80231 USA phone: +1.303.283.0640, fax: +1.303.283.0641, www.mining-media.com PHOTOCOPIES: Authorization to photocopy articles for internal corporate, personal, or instructional use may be obtained from the Copyright Clearance Center (CCC) at +1.978.750.8400. Obtain further information at copyright.com. EXECUTIVE OFFICE: Mining Media, Inc., 8751 East Hampden, Suite B1, Denver, CO 80231 USA phone: +1.303.283.0640, fax: +1.303.283.0641, www.mining-media.com COPYRIGHT 2016: Engineering & Mining Journal, incorporating World Mining Equipment, World Mining and Mining Equipment International. ALL RIGHTS RESERVED.

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