Chippewa Capital Gets Extension to Fund Nashwauk Mine
Mineral Leases Could go Back to DNR if Financing Deal Not Reached
NASHWAUK, Minn.-Chippewa Capital Partners has received a 30-day extension to find financing to complete construction of a Nashwauk mining project. Today, Minnesota Governor Mark Dayton said that if Chippewa can’t secure financing for the project, the permits to mine there could be lost. If that occurs, the Department of Natural Resources will regain control of the mineral leases there. “I…
