Lundin a good fit
To the Journal editor:
All of us at Eagle Mine would like to say thank you for the conversations we’ve had over the last two weeks.
On June 13, we announced that Rio Tinto had reached a binding agreement to sell its 100 percent interest in the Eagle Mine to Toronto based Lundin Mining Corp. The sale is expected to be finalized by the end of July.
For the past two weeks we’ve traveled across Marquette and Baraga counties to talk with community members. We wanted to share information and personally introduce the community to Lundin. We also wanted to ensure people heard from both Rio Tinto and Lundin that the project is moving full speed ahead with the same team.
The news has been well received, resulting in recommitted support for Eagle and its employees.
Some have asked if the sale includes more than just the mine and the mill. The simple answer is yes.
Eagle’s permits, people, contracts, community commitments, assets, and land are part of a package that ensures continuity for the project. The involvement Eagle has in the community, such as the community environmental monitoring program, funding upgrades to existing roads, the recently announced community fund with Cliffs, and other commitments also continue on.
Eagle has a bright future. Lundin’s excellent track record in safety, environment, and community support in regions similar to eagle makes them the right fit for Eagle and for the community.
We especially want to thank every one of our employees and contractors – past and present – for their energy, talents, and dedication to Eagle.
At Eagle, we’re excited to be ramping up construction and moving into production. We look forward to being a vital part of the greater Marquette community for years to come.
For further information, please visit www.riotintoagle.com, call 906-339-7150, or visit our Information Center in downtown Marquette.