The Conversation (0)
Residents Concerned About Proposed Rare Element Resources Mine
Apr. 22, 2014 10:12AM PST
Rare Earth InvestingRapid City Journal reported this past weekend that landowners living near Rare Element Resources Ltd.’s (TSX:RES,NYSEMKT:REE) proposed Wyoming-based rare earth elements mine have expressed concerns about water quality, dust control and radioactive minerals.
Rapid City Journal reported this past weekend that landowners living near Rare Element Resources Ltd.’s (TSX:RES,NYSEMKT:REE) proposed Wyoming-based rare earth elements mine have expressed concerns about water quality, dust control and radioactive minerals.
As quoted in the market news:
The mine would be about 6 air miles north of Sundance in northeast Wyoming and would cover about 1,700 acres in the Black Hills National Forest. About 640 acres of the project will be on private land surrounded by forest. The mine is expected to last 43 years.
‘I’m not against the project. But as they develop it, I want them to do it right,’ said Randy Leinen, a Sundance-area landowner.
Leinen echoed others’ fears of radioactive dust — a possible byproduct of removing and processing rare-earth elements — and water quality.
‘The last thing we want is another Pavillion,’ he said, referring to water quality issues in Fremont County tentatively linked by the Environmental Protection Agency to nearby hydraulic fracturing.