Chamber, unions form pro-mining group
November 16, 2012 at 6:00 pm in Duluth News Tribune
Two groups often on opposing sides of heated issues have joined hands to promote Minnesota’s fledgling copper mining industry and other big construction projects. Continue Reading
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Desperate times create strange bedfellows indeed. I would like the chamber to take the business approach and explain the risk in relationship to profit. I firmly believe that risk could be mitigated a great deal, but it would be at the expense of shareholder profit. So please be transparent and truthful about profit to shareholders. For instance- does the company guarantee a 15% return no matter what risk has to be taken, or can they go to their shareholders and say that a safer and less damaging process can be implemented but you blokes will have to put up with 12% return? Does that public have to shoulder the risk to maintain unrealistic profit % for our valued shareholders, or can the shareholders reduce their return in order to mitigate risk?
Could the media help the public to learn the value of the risk?
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It’s the largest concentration of copper on Earth. As long as we use copper it’s going to get mined some day. Get used to the idea.
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Yes it is the largest deposit of copper- but I still say there has never been a copper mine that hasn’t polluted the area. I would like to see them use their safe methods in a smaller area first and prove that their concept doesn’t pollute- don’t experiment on us.
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At least the Unions are looking out for NE Minnesota….
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Well let’s not go that far. Where are the United Steelworkers Union on this issue so far. Siding with the Sierra Club. But guess what? Once the project gets up and running, the USW will be first in line to unionize the workers and get into their paychecks for dues money to be sent to the Sierra Club. Anybody think of that yet?
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Oh by golly gee gosh. I hate to break your bubble but unions only represent 10 or 11 percent of the total work force and the majority in the public sector. Looking out for whose interest? Give me a break.
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The year is soon to be 2013…. What we have learned from the past should greatly assist when future mining projects begin, (IF EVER). Tourism alone, has not and will not provide this region a sound economy. We need to use our resources PROPERLY. Hold these mining operations accountable when and if they aren’t operating safely. It isn’t impossible. Or, you may decide to fight it, and continue to pay the taxes you do, the cost of living you do, and we continue to struggle in this region because we are afraid of the “what ifs”. Come on people,,, lets be progressive!!
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