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    market news

    Federal Judge Allows Nickel Copper Mine To Continue In Michigan

    Investing News Network
    Jul. 27, 2012 12:35PM PST
    Base Metals Investing

    CNBC reported a United States’ federal judge has refused a private outdoor sporting club’s plea to halt construction of a nickel and copper mine in Michigan.

    CNBC reported a United States’ federal judge has refused a private outdoor sporting club’s plea to halt construction of a nickel and copper mine in Michigan.

    As quoted in the market news:

    The Huron Mountain Club is suing to block the Rio Tinto Eagle Mine, claiming the company didn’t get federal permits that should have been required by the U.S. Army Corps of Engineers. The exclusive club, which owns about 19,000 acres of forestland in Marquette County near Lake Superior, including an 11-mile stretch of the Salmon Trout River, claims the mine will damage the river and nearby wetlands.

    Click here to read the full CNBC report.

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