Gogebic Taconite said Friday afternoon that it was closing its office in Hurley after concluding that the expanse of wetlands at the site made the prospects of constructing a massive iron ore mine unfeasible.
The company said it would continue to investigate prospects for an iron ore mine in Ashland and Iron counties, but officials said work would be sharply curtailed.
With the exception of one, all personnel were being furloughed. The chief engineer will continue to work on the project as an employee of Gogebic’s parent, Cline Resource and Development.
Via Gogebic dropping plans for massive iron mine @ JSOnline.