Thursday, August 18, 2011
Developers vs miners in Florence
The debate over a proposed in situ copper mine in Florence, Arizona has been characterized as being over environmental concerns of using a vinegar-strength acid solution underground below the groundwater aquifer, to remove copper. [right, Florence copper project location map. Credit, Curis Resources]
But newspaper stories increasingly describe real estate developers as being the primary opponents to Curis Resources mining plans. The reason is repeatedly stated as fears of reducing the value of properties near the mine site.
An article from Arizona Guardian says representatives from Southwest Value Partners, "an investment group owned by Phoenix Suns owner Robert Sarve," are meeting with the Governor's staff to urge her to oppose the mine over their fears of financial impacts to their housing and commercial developments.
at 8:15 AM