Company Still Hopes to Establish an Open-Pit Mine near Babbitt, Minn.

Duluth News-Tribune (Duluth, MN) | September 25, 2000 | Copyright

Byline: Lee Bloomquist

Sep. 25--Polymet Mining Corp. had hoped in roughly three years to begin developing a $550 million open pit precious metals mine near Babbitt that would employ roughly 400.

Despite losing its major partner on Thursday, PolyMet officials say the NorthMet project will still happen eventually.

"It's a quality project," said Don Gentry, PolyMet president and chief executive officer on Friday. "We're going to continue to move the project along. It will be a mine someday. The question is when." PolyMet's board of directors on ...

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