Two federal agencies renew Twin Metals leases
Monday, May 20, 2019
Twin Metals Minnesota (TMM) is pleased that the federal Bureau of Land Management (BLM), in consultation with the U.S. Forest Service (USFS), has renewed TMM’s federal mineral leases, held in good standing for more than 50 years, the company said in a prepared statement.
The leases cover land nine miles southeast of Ely, which TMM said is "one of the world’s largest untapped deposits of copper, nickel, and platinum group metals." It includes the area where TMM is preparing a proposal for an underground mine.