Sunday, April 15, 2012

Economist magazine weighs in on Arizona copper projects

This week's edition of Economist magazine examines proposed copper mines in Arizona in a story entitled, A boom too far? Why mining’s comeback fails to thrill some residents of “Copper Triangle.” Overall, the article emphasizes the views of mining opponents. [Right, controversial copper projects in Arizona, from the Economist article]

The article concludes with a quote by Green Valley pecan farmer Nan Stockholm Walden, "These foreign companies come in and buy American mines, strip the resources, then abandon the community."

The implicit endorsement of this view is surprising, given the Economist's normal editorial policy of strong support for international investment and exports.

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