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Re: Komando Robot post# 1915

Sunday, 04/22/2012 12:43:55 PM

Sunday, April 22, 2012 12:43:55 PM

Post# of 108015
Yes and this is what is happening in our area less than 100 miles as the crow flies from Quebec>>>>>>>>>We are very excited about this and Irving being from Canada hmmmmmm>>>>>>>>>>>

Mining bill passes Legislature, awaits governor’s signature
By Jen Lynds, BDN Staff
Posted April 18, 2012, at 11:01 a.m.8

AUGUSTA, Maine — A bill to change the state’s mining laws has been passed by lawmakers and has been sent to Gov. Paul LePage for his consideration.

Rep. John Martin, D-Eagle Lake, said Monday evening that LD 1853, An Act To Improve Environmental Oversight and Streamline Permitting for Mining in Maine, passed both chambers of the Legislature twice late last week.

Martin submitted the bill in early March, saying he was prompted to introduce it because of the increasing price of minerals and the potential for mining gold, silver, copper and zinc on Bald Mountain in Aroostook County.

Bald Mountain is northwest of Ashland and Portage in Martin’s House district. J.D. Irving owns the land with Prentiss & Carlisle.

Under the bill, the state Department of Environmental Protection would be in charge of permitting and regulating such operations. The required rulemaking by the DEP likely would not begin until at least January 2014.

Martin said reports indicate that mining development at Bald Mountain could directly create up to 300 jobs and could indirectly lead to hundreds more. There also would be an excise tax on the minerals there, so the result would be more than $600 million in employment income and more than $120 million in state and local taxes, he said.

Named Katahdin by the Penobscot Indians, the term means "The Greatest Mountain".