12 Sep 2016
September 12, 2016

Twin Metals Minnesota Sues Feds Over Minerals Lease Renewals

September 12, 2016

Star Tribune
Steve Karnowski

A mining company that hopes to build an underground copper-nickel mine near the Boundary Waters Canoe Area Wilderness sued the federal government Monday to try to keep the mineral rights leases it needs for the $2.8 billion project to go forward.

Twin Metals Minnesota’s lawsuit seeks to invalidate a recent opinion by the solicitor of the U.S. Department of the Interior that the company doesn’t have an automatic right to renew its two leases, which were first issued in 1966 and last renewed in 2004. The lawsuit said earlier renewals were routinely granted.

The solicitor’s opinion, sent to the federal Bureau of Land Management, has “cast a cloud of uncertainty” over the project, blocking the company from engaging in long-term planning, investment, development and operational decisions, Twin Metals’ Chief Operating Officer Ian Duckworth said in a statement.

Read More: http://www.startribune.com/twin-metals-minnesota-sues-feds-over-minerals-lease-renewals/393122091/