Bureau of Land Management Grants Mineral Leases Near Popular Minnesota Wilderness -Reuters

Date : 05/15/2019 @ 9:50PM
Source : Dow Jones News
Stock : Antofagasta Plc (ANTO)
Quote : 991.6  18.4 (1.89%) @ 1:48PM
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Bureau of Land Management Grants Mineral Leases Near Popular Minnesota Wilderness -Reuters

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--The Bureau of Land Management renewed two mineral leases near a popular wilderness area in Minnesota, saying it strengthens national security by increasing domestic production of "critical minerals," Reuters reports Wednesday.

--The leases, which are close to the Boundary Waters Wilderness area, were given to Twin Metals Minnesota LLC, which is a subsidiary of Chilean miner Antofagasta, the report said.

--"Mining strategic metals in the United States is beneficial to national security, national and local economies, and job creation," Interior Dept. assistant secretary Joe Balash said, according to the report.


Full story: https://www.reuters.com/article/us-usa-interior-copper/trump-administration-opens-up-minnesota-wilderness-area-to-copper-mining-idUSKCN1SL2C5


--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com


(END) Dow Jones Newswires

May 15, 2019 17:35 ET (21:35 GMT)

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