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Polymet Mining Corp PLM.R.W


Primary Symbol: T.POM

PolyMet Mining Corp. is a mine development company. The Company is engaged in mining copper, nickel and precious metals from the NorthMet ore body. The Company owns the NorthMet Project and Mesaba Project, which is a copper, nickel, cobalt and platinum group metal (PGM) deposits. The NorthMet deposit is located in the Partridge River Intrusion of the Duluth Complex, a geological formation near the eastern end of the Mesabi Iron Range, which is an undeveloped accumulation of copper, nickel and platinum group metals. The Mesaba Project is located in St. Louis County, Minnesota. Its NorthMet is a disseminated sulfide deposit in heterogeneous troctolitic rocks associated with Mid-continent Rift, and is rich with copper, nickel, cobalt, platinum, palladium, gold and silver. The majority of the metals are concentrated in, or associated with, four sulfide minerals: chalcopyrite, cubanite, pentlandite and pyrrhotite.


TSX:POM - Post by User

Bullboard Posts
Post by jjeeddoo7on Sep 03, 2013 10:36am
296 Views
Post# 21714355

star tribune mpls

star tribune mplsYou want the jobs? The tax revenue? Or what?

It gets tiring to hear discussion of only the same old partisan arguments (“DFL leaders lay out agenda for session,” Aug. 30). May I submit that both parties get creative and think about an agenda item that supports new tax revenues and job creators instead of tax increases on existing revenue generators.

We as Minnesotans have a rare opportunity to unite and rally our representatives (state and federal) to give their political weight to PolyMet Mining in northeastern Minnesota. This should be nonpartisan and a no-brainer! No tax money, taxpayer financial risk or partner vetting, as with the Vikings stadium. All private investment and investor risk.

It has taken seven years and much private money spent to develop the environmental-impact statement. If Iron Range legislators could support the stadium and same-sex marriage for reasons of job growth, I would think they would lead the charge for PolyMet. This project not only provides permanent jobs but decades’ worth of millions of dollars in tax revenue for all of Minnesota.

We don’t have to look far — to North Dakota — to see a state that seized its opportunity.

W.W. BEDNARCZYK, Minneapolis
Bullboard Posts