Well, it seems the Canadians are teaming up to ransack one of Michigan's most beautiful areas. Today Kinterra Capital has purchased a 60% share of the White Pine project, but since the invested money comes with no strings attached, Highland Copper announces with glee that it will enable them to move forward full steam ahead with the Copperwood Mine. Read the details here.
This is troubling news, but hope is not at all lost. Highland Copper's market cap is currently $43 million; they require $390 million to initiate construction on Copperwood. They plan to take out half of that money as a loan –– isn't that nice? using money you don't have to devastate the natural world?
In the next year, we expect them to make a strong advertising push, either to gain more investors or to sell their project to a more capable company. Therefore, the next 12 months are critical in undermining confidence in the project.
In keeping with their letter to EGLE, sent June 15th, Highland Copper is moving forward with clearcutting, stream alteration, and wetland destruction.
We have received witness reports of:
An un-shared "MOU" was signed last April between Copperwood Resources and Gogebic County, likely related to the need to rebuild County Road 519 in order to tolerate heavy industrial mining traffic. See meeting notes.
This humble road is the main access road to the western side of Porcupine Mountains State Park. It crosses multiple waterways and wetlands, all of which will be endangered by its expansion. Can you imagine driving behind industrial mining traffic on your way to America's most beautiful State Park?
Highland Copper has just sent a letter to Michigan Department of Environment, Great Lakes and Energy (EGLE) stating they intend to start logging and wetland work "on or around July 15th" of this year.
"Dear Ms. Humphrey,
This letter serves to keep you advised and notify you on our upcoming preliminary site preparation activities, anticipated to commence on or around July 15, 2023. These activities include logging the site and begin implementing wetland and stream activities authorized in the Part 301/Part 303 Wetland and Streams Permit WRP013721. By starting after July 15, we should avoid affecting the Northern Long-eared bat in accordance with the Wetland Permit. These activities will not involve accessing or excavation of any mineral deposits on the site. Accordingly, we understand that these activities do not implicate the notice provisions of General Permit Condition F.1 of the mining permit for the project.
Should you have any questions or require additional information, please contact Charline Miville-Deschenes at charline.miville-deschenes@highlandcopper.com or 581-988-8436. We appreciate your support and look forward to successfully executing this project together.
Sincerely,
Denis Miville-Deschênes"
https://www.mining.com/copper-loses-battle-in-fight-for-critical-mineral-status-in-the-us/
If the highest authority in the land has not deemed copper to be of urgent importance, then why risk inflicting acid mine drainage upon an old growth forest, a freshwater sea, and a stunning river?
Canadian company Highland Copper announces plans to begin "summer site prep" in 2023 (a.k.a. clearcutting forest and the re-routing of Gypsy Creek) and hopes to begin mine construction in early 2024.
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