From: | Lenny Siegel <lennysiegel@gmail.com> |
Date: | Wed, 20 Feb 2008 08:52:50 -0800 (PST) |
Reply: | cpeo-brownfields |
Subject: | [CPEO-BIF] Dunka pit mine, Minnesota |
Press Releases Duluth Metals February 19, 2008 Duluth Metals options key infrastructure land parcel More News related to Press Releases TORONTO, Feb. 19 /PRNewswire-FirstCall/ - Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX:DM.U) today announced the signing of an exclusive option to purchase a key piece of infrastructure land called the Dunka Pit from Cliffs Erie LLC ("CE"), a subsidiary of Cleveland-Cliffs Inc ("Cliffs"). The acquisition of this strategic land parcel which is in close proximity to the Duluth Metals Nokomis Deposit would meet a two-fold objective of providing a location for offsite processing, while fulfilling Duluth Metal's commitment to environmental stewardship through use of an existing brownfield/industrial location. "The potential use of Dunka is an excellent example of the 're-utilization' of former ferrous mining sites as processing plant locations", stated Dr. Henry J. Sandri, President and CEO. "The recycling of existing ferrous mining sites takes advantage of brownfield locations that have limited use, reduces the future disturbance of area lands, and, under new regulations, can ensure that the eventual sites are reclaimed to existing environmental standards. The anticipated acquisition of Dunka will meet Duluth Metals' objective of locating off site processing and re-using an existing brownfield/industrial location", stated Dr. Sandri. ... For the entire release, see http://www.streetinsider.com/Press+Releases/Duluth+Metals+options+key+infrastructure+land+parcel/3377864.html -- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <lsiegel@cpeo.org> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org | |
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