Posts Tagged ‘Graphite Creek Mine’
City Continues Lease Agreements with Federal Aviation Administration, Supports Graphite Creek Mine
A land lease regarding Newton Peak has existed for years between the City of Nome and the Federal Aviation Administration (FAA), and will continue for another ten years. Before adjourning the regular meeting, the Nome City Council passed a resolution to support the Graphite Creek mining project.
Read MoreGraphite One Clarifies Intent for AIDEA Funding; Senate Bill 203 On Hold
Graphite One is seeking funding now for its proposed mine in the Imuruk Basin along the Kigluaik mountains, even though the mine itself wouldn’t be operational for about five years.
Read MoreGraphite One Says Their Western Alaska Mine Could Yield $1 Billion
Graphite One says the proposed mine, near Teller, could yield a value of more than $1 billion and provide more than 4 million tons of material each year.
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