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Northern Wisconsin Tribe Hopes To Avoid Foreclosure On Mine Purchase
WEAU TV 13 ^ | May 5, 2005

Posted on 05/05/2005 11:37:36 AM PDT by quietolong

Northern Wisconsin Tribe Hopes To Avoid Foreclosure On Mine Purchase
Updated: 8:55 AM May 5, 2005

A northern Wisconsin Indian tribe that helped to buy the site of a proposed zinc and copper mine at Crandon two years ago, shutting down the disputed project, is trying to raise eight million dollars for a mortgage payment on the deal.

Sandra Rachal is chairwoman of the Mole Lake, or Sakaogon Chippewa band, and she says if the payment on the mortgage note held by an Australian metals company isn't made by next April's deadline, foreclosure could occur.

But she also says tribal officials think things will work out and the payment will be made ... or at least they hope so.

Part of the fund-raising effort involves selling silver-dollar shaped samples of mine borings from the project for $30.00 each. The tribe calls the samples a symbol of environmental damage prevented by the purchase.

The Mole Lake Chippewa and Forest County Potawatomi bought the mine site in October of 2003. The Potawatomi paid cash for its share of the 16-point-five (m) million dollar purchase.


TOPICS: Business/Economy; Culture/Society; US: Wisconsin
KEYWORDS: crandonmine; environment; environmental; mine; mining
Well there are trying to come up with there own money.
1 posted on 05/05/2005 11:37:39 AM PDT by quietolong
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To: quietolong

I doubt it. They should look to the "casino" tribes for money...not the US money tree.


2 posted on 05/05/2005 11:43:27 AM PDT by Sacajaweau (God Bless Our Troops!!)
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To: Sacajaweau

So...the Indians bought the mine to shut it down and "prevent environmental damage" ?


3 posted on 05/05/2005 11:52:49 AM PDT by Eric in the Ozarks
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To: quietolong

It's somewhat ironic that those who originally 'owned' the entire country and subsequently were forced into more undesirable locations are now in the position of having to pay money to people who live on another continent because of mineral wealth beneath it.


4 posted on 05/05/2005 11:56:52 AM PDT by Lee Heggy (Sorry, I don't do Windows.)
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To: Eric in the Ozarks

And now they'll have to sell it to ......?????? to pay off that mortgage. Sometimes it's not the environment that smells.


5 posted on 05/05/2005 11:57:24 AM PDT by Sacajaweau (God Bless Our Troops!!)
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To: Lee Heggy

What ever gave you the idea that they "owned" the country?


6 posted on 05/05/2005 11:58:57 AM PDT by Sacajaweau (God Bless Our Troops!!)
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To: Sacajaweau

If the zink & copper ore exist, it could be a valuable boost to the tribes. What the heck are they saying about selling chips of the drill bore material ?


7 posted on 05/05/2005 12:00:15 PM PDT by Eric in the Ozarks
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To: Eric in the Ozarks

The indians LOVE silver and copper....always have but they don't like to "work" mines. That's our job. I'll wait and see but the indians aren't going to give it up. I'd guess "Mining Rights" might be one of the cards up their sleeve.


8 posted on 05/05/2005 12:08:36 PM PDT by Sacajaweau (God Bless Our Troops!!)
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To: Sacajaweau

Indians make up almost the complete roster at some western coal mines. Its heavy equipment operation, not backbreaking work by any means.


9 posted on 05/05/2005 12:10:42 PM PDT by Eric in the Ozarks
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To: Eric in the Ozarks
What the heck are they saying about selling chips of the drill bore material ?

The skilled, professional Journalists are likely talking about drill core which is the product from diamond drilling where a core sample (about 1" in diameter but can vary) is taken so the explorations geologist can see just what is at what depth in the ore body.

Personally, this old miner hopes the tree huggers get spinters in their . . . whatever.

10 posted on 05/05/2005 12:13:04 PM PDT by JimSEA
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To: JimSEA

I have a background in coal and have seen plenty of core boxes. Was this a working mine when the tribes bought it ?


11 posted on 05/05/2005 12:16:05 PM PDT by Eric in the Ozarks
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To: Lee Heggy

The concept of land ownership wasn't part of their culture. However, the concept of mining definetely was. Hundreds of tons of copper was mined in that area over thousands of years.


12 posted on 05/05/2005 12:16:20 PM PDT by DManA
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To: JimSEA
Silver chips?? Silver is what right now?? $2 an ounce.

Copper...that's got some real value to it.

13 posted on 05/05/2005 12:19:04 PM PDT by Sacajaweau (God Bless Our Troops!!)
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To: Eric in the Ozarks

I only know what is in the article but it says proposed so I assume they were in the permit stage somewhere.


14 posted on 05/05/2005 12:20:52 PM PDT by JimSEA
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To: quietolong

The Chippewa did this properly - if you don't want to see land developed, buy it.

The fascists at the Sierra Club would've gone left wing judge shopping and ordered him to make up a law out of thin air to shut it down.


15 posted on 05/05/2005 12:21:36 PM PDT by sergeantdave (Beer is proof that God loves us and wants us to be happy. - Benjamin Franklin)
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To: JimSEA

Wisconsin has had several small mining operations that did well but didn't last long. A small copper play at Ladysmith back in 1990 comes to mind.


16 posted on 05/05/2005 12:24:37 PM PDT by Eric in the Ozarks
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To: Sacajaweau

That was why I put the marks around 'owned'. They didn't have such a concept but tribal homelands were and are very dear to native peoples even if they no longer live on them.


17 posted on 05/05/2005 12:24:42 PM PDT by Lee Heggy (Sorry, I don't do Windows.)
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To: Sacajaweau

The article mentions an Australian metals company which always makes me think of BHP who bought up Magma Copper, where I worked for many years. They have a lot of "cheap" production cost copper properties and would likely keep any USA property off the market to possibly help their margin.


18 posted on 05/05/2005 12:26:18 PM PDT by JimSEA
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To: JimSEA

The article is poorly written, but it looks like they bought a chunk of land that was destined to be mined, for the purpose of shutting down the mining operation and saving the environment from the evil miners.

For this reason, I hope that they lose their collective shirts.


19 posted on 05/05/2005 12:28:23 PM PDT by wyattearp (The best weapon to have in a gunfight is a shotgun - preferably from ambush.)
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To: DManA

Absolutely correct.

Ancient miners travelled to this area eons ago and mined copper, especially along Lake Superior.

When the white miners moved in here around 1840 they found huge copper boulders elevated on wood platforms on the bottom of open pits. In these pits were found stone hammers, wooden ladders and other tools. These tools, especially if made of copper, fetched high prices on the antiquities market in the 19th century.

As near as can be determined, these ancient miners travelled here for summer and never set up permanent encampments. To this day who these ancient miners were remains a mystery. However, copper from this area has been found in other pre-Columbian cultures all the way down into Central America.

Archeologists are working an ancient site in hopes of finding out who mined copper here. The "Ontonagon Boulder," believed to be worked for copper by these ancient miners, is on display at the Smithsonian. Tool marks can be clearly seen.


20 posted on 05/05/2005 12:36:00 PM PDT by sergeantdave (Beer is proof that God loves us and wants us to be happy. - Benjamin Franklin)
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To: Eric in the Ozarks; JimSEA
--starting with Exxon about thirty years go, various operators have tried to mine this world-class orebody.

Wisconsin's legislature hand in hand with the "environmental" types and some of the nearby Indians have year by year put legal requirements on it that stopped it from development--

21 posted on 05/05/2005 2:21:08 PM PDT by rellimpank (urbanites don' t understand the cultural deprivation of not being raised on a farm:NRABenefactor)
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To: rellimpank
This is a very rich ore body.

What stopped it from being mined was the envio wako's fighting it every step of the way. The owners finaly gave up trying to get it permited and basicly were force to sell out to the tribe.

22 posted on 05/05/2005 2:32:21 PM PDT by riverrunner
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To: riverrunner
--yep--my former boss went there (Crandon)years ago as part of the original attempt to get it going--Exxon gave up after sinking a bunch of money in it and sold it.

Every summer for several years when I was back to Wisconsin on vacation , the state legislature was in the process of adding a bunch of environmental restrictions which were aimed at the Crandon orebody although not by name , of course---

--last year, the tribe was proudly announcing that "the mine is dead"---

23 posted on 05/05/2005 3:30:28 PM PDT by rellimpank (urbanites don' t understand the cultural deprivation of not being raised on a farm:NRABenefactor)
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To: rellimpank

I don't understand this. The only way the Indians could not want this mine is if they have a load of income from another source. I didn't think Mole Lake, etc., had much going, casino-wise.


24 posted on 05/05/2005 4:44:40 PM PDT by Eric in the Ozarks
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To: Eric in the Ozarks

Some of the tribe has brought into the mother earth BS and the 7th generation BS. They still think that if they act more indian Uncle Sammy will keep sending them more and more money so they will not need a mine.


25 posted on 05/05/2005 5:01:29 PM PDT by riverrunner
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To: Eric in the Ozarks
---I'm on a strange computer and don't have time to do it but Google it on the Wisconsin State Journal and Milwaukee Journal-Sentinal back several years and I think you'll find it was all "environmental"--might search mining legislation , too---

It makes no economic sense--it's a great mineralization--copper-zinc very high grade---

26 posted on 05/05/2005 6:39:40 PM PDT by rellimpank (urbanites don' t understand the cultural deprivation of not being raised on a farm:NRABenefactor)
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To: Eric in the Ozarks

They do have a casino...and it looks like they have a couple of them. Don't worry....They'll wind up mining the stuff one way or another.


27 posted on 05/06/2005 5:39:28 AM PDT by Sacajaweau (God Bless Our Troops!!)
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To: Eric in the Ozarks
Here is a link that will answer all your questions. Once there, please click on the links and you will be amazed how uninformed some are.

NO CRANDON MINE!.

I live very close to Crandon and I am opposed to the mine. Not that I'm a tree hugger by any means, but for the simple fact that once the ore was mined, the damage to the surrounding area (including the pristine Wolf River) would be damaged beyond repair. There has never been a CYANIDE mine on this scale which hasn't done extensive damage. The Mole Lake Tribe are one of the poorest tribes in this area. Their casino brings in only enough to cover their overhead. I am glad to see the Potowotami give 8 million. I hope other tribes can help them out.

The area is truely magnificent to live in.

28 posted on 05/14/2005 5:24:35 PM PDT by repinwi
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To: repinwi
Just got your note.
I know this area, having traveled to Shawano, Tomahawk and Rhinelander dozens of times in my sales career. The cyanide leach system can be made secure but I wonder if the ore body is big enough to warrant the investment in best available technology. You know the tribe won't be doing the actual work. They'll hire Oglebay Norton or some other mining enterprise to come in an do it. With a small mine, they won't attract top shelf, long term people and once the cyanide gets into the ground water you can kiss the fishing goodbye.
Good luck.
29 posted on 05/15/2005 5:57:09 AM PDT by Eric in the Ozarks
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