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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

Post by TestingTheCaton Apr 28, 2021 11:42am
381 Views
Post# 33082585

MN SC ruling came out mixed .

MN SC ruling came out mixed . IMO the bottom line is back to DNR for a minor item and a huge item.
"Under a substantial-evidence standard, we conclude that a contested

case hearing is required on the effectiveness of the proposed bentonite amendment for
PolyMet’s proposed tailings basin."

"We further conclude that the court of appeals was correct in reversing the
decision to grant the permit to mine because the DNR erred by issuing the permit without
an appropriate fixed term. "

So these are the two line items that will send this back to DNR for more hearings.

Not sure - but this looks like another year or two of delay.

The good news is the other line items that would make them go back and start from scratch were tossed out.

Cheers ttc
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