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Rio Tinto Sale of Eagle Mine Finalized

Rio Tinto announced June 12, 2013, that it had sold the Eagle Mine, located near Marquette, Michigan, to Lundin Mining. The sale of the underground copper and nickel mine was subject to regulatory approvals. That sale is now complete. The portal to the ore body is located beneath Eagle Rock, an Anishinaabe sacred site. Many people are concerned about the risk of acid mine drainage from the mine. The sulfide ore body containing the minerals lies directly below the Salmon Trout River. You can read more in the following articles.

Rio Tinto Sells Eagle Mine, The Mining Journal

Eagle Mine Sale Finalized, The Mining Journal

Lundin Mining Announces Closing of Acquisition of Eagle Mine…, Junior Mining Network.com

Posted under: Eagle Mine, News

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