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    Kennecott Eagle Minerals Cleared to Start Underground Entryway to Mine

    Written by Investing News Network
    |
    Sep. 15, 2011 08:18AM PST

    Kennecott Eagle Minerals Company it has court approval to move ahead with constructing an underground entryway to the Eagle nickel copper mine.

    Kennecott Eagle Minerals Company it has court approval to move ahead with constructing an underground entryway to the Eagle nickel copper mine.

    The press release is quoted as saying,

    The decision was issued in response to a continuing challenge to the validity of permits approved by the Michigan Department of Environmental Quality in 2007 following an extensive public and regulatory review process. The Michigan DEQ affirmed the permits in 2010.

    Kennecott’s President, Adam Burley said,

    Kennecott appreciates the court’s thoughtful consideration of the merits in this case,. While we are pleased that the ruling enables us to continue forward with productive progress and associated job creation, we remain sensitive to the concerns of others and will continue to seek opportunities for conversation. In particular, we remain committed to establishing a constructive relationship with the Keweenaw Bay Indian Community…

    For the complete press release, click here.

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