12
Feb
16:21
COPPER: Ambler signs financing agreement for Alaskan mining road
Ambler Metals LLC and the Alaska Industrial Development and Export Authority (AIDEA) will each pay up to $35 million for preliminary costs associated with a new industrial access road for mining in northwest Alaska.
The announcement came from Canada-based Trilogy Metals in agreeing to a development funding agreement between Ambler Metals and the state agency for the controversial road to the Ambler Mining District. The two-lane gravel roadway would run 339.5 kilom…
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