January 2017

It’s your money. The Timberjay explains why "The state of Minnesota should require PolyMet Mining to provide an updated financial feasibility study and cash flow analysis prior to approval of the financial assurance provisions for the company’s proposed copper-nickel mine.” 

A quick summary: Experts hired by the State at taxpayers’ expense have requested up-to-date information on PolyMet’s financial feasibility based on current metals prices to make sure PolyMet can cover mitigation, pollution treatment and reclamation costs. PolyMet says no information will be provided until a draft permit is issued (i.e. too late) and agency officials are non-committal. The DNR official quoted in the article is Barb Naramore (barb.naramore@state.mn.us). 

Read more in The Timberjay

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