Gogebic Taconite says mine isn't feasible, won't offer false hope (Wisconsin)
Source: Wisconsin State Journal
The company that has planned a huge and controversial mine in northern Wisconsin announced Friday that it was closing its office near the mine site, saying the project was not feasible now.
"Our parent company felt there wasn't enough certainty to it," Gogebic Taconite president Bill Williams told the Wisconsin State Journal. Williams said the company would continue to "investigate" a possible iron mine, but it is closing its Hurley office. Williams said he couldn't say if there was much chance of the project being revived. "We don't want to throw out false hope," Williams said. "They'll still take a gander, but we don't intent on putting out false hopes for anyone."...
...Former Democratic senator Bob Jauch said, I have four words: We told you so.
This company manipulated the public, bought the legislature and co-opted them into participating in one of the biggest scams in Wisconsin history, said Jauch, a staunch opponent of the project. Their decision doesnt surprise me, but I have been predicting it for four years.
Read more: http://host.madison.com/wsj/news/local/environment/gogebic-taconite-says-mine-isn-t-feasible-closing
This is the company that donated $700,000 to the Scott Walker campaign and was allowed to essentially write its own mining legislation. They also were the first company to bring mercenaries to Wisconsin, which didn't help their community relations efforts, much.
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HereSince1628
(36,063 posts)that make WI sand mine the world leader in fracking sand.
AngryAmish
(25,704 posts)Building a gilf resort near Rome.
HereSince1628
(36,063 posts)If you mean Rome WI, that's not far from where I farmed. Rome WI is in the Drumlin fields from the Wisconsin glacier...all those little hills are just piles of sand and gravel with a sprinking of boulders capped with clay heavy soil
AngryAmish
(25,704 posts)An old pine tree farm. Clear cutting the trees, planting grass, cut a few holes and you are done.
First course is being done by Bill Coore and Ben Crenshaw. Second in the hopper too. Maybe as many as four or five. These will be the best courses in the state, better than Kohler with apologies to Pete Dye and his wife.
snacker
(3,619 posts)hue
(4,949 posts)hunter
(38,326 posts)... where destroying the environment and killing or maiming workers is considered business as usual.
Scuba
(53,475 posts)mountain grammy
(26,648 posts)What will Walker do now?
Kip Humphrey
(4,753 posts)indivisibleman
(482 posts)with anything he says.
midnight
(26,624 posts)freshwest
(53,661 posts)Ironic the Wankers called protestors 'union thugs.' Exactly what do they call these masked guys?
Kaleva
(36,343 posts)With today's prices, opening a mine isn't economically feasible.