Serving Gogebic, Iron and Ontonagon Counties

Highland Copper progress wavers with low copper value

By P.J. GLISSON

[email protected]

WAKEFIELD - Recent low copper prices appear to be slowing progress toward the long-anticipated resurgence of copper mining in Wakefield and Ironwood townships, according to a report during Tuesday evening's Wakefield Township board meeting.

As of the end of Tuesday afternoon, Wakefield Township supervisor John Cox said the price of copper was at $2.67 per pound. "They got to have $3.20 per pound to make money," he added.

Area residents had renewed their excitement about the prospect of new mining jobs ever since Canada's Highland Copper Company Inc. anno...

 
 
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