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Minnesota’s Copper and Nickel Deposits are World Class

Minnesota has a long history of mining iron ore, which continues to this day. In fact, nearly 75 percent of the iron ore produced in the United States is mined in Minnesota. However, many people may not be aware of the fact that Minnesota has some of the largest undeveloped copper and nickel deposits in the world. These massive deposits hold an estimated 4 billion tons of copper, nickel, and other precious minerals. These minerals are valued at more than $40 billion, according to Antofagasta PLC, a Chilean mining company that is seeking to develop these deposits. Developing these resources will create...

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BNSF Steps Up Investment: $810 Million To Get Minnesota’s Products to World Markets

Minnesota serves as a crucial link between the Pacific Northwest and Chicago; BNSF moves more than 140,000 carloads of Minnesota corn, wheat, soybeans and other agricultural products, as well as large quantities of timber and paper products to both global and domestic markets. BNSF says it has invested about $810 million over the past five years to expand and maintain its network in Minnesota. The Met Council wants to co-locate passenger rail next to freights lines. Is that safe or good for freight? ...

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Minnesota’s Senate Democrats said that November’s budget deficits were the result of tax cuts. Will they say the same about the surplus projected now?

When a deficit for the state's budget was forecast in November, Minnesota's Senate Democrats were quick to blame none-existent tax cuts, contrary to the explanation actually given with the forecast. What will they say now that federal tax cuts have generated a surplus? ...

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Spam! Tax Cuts Lead to Pay Hike and Stock Options for Hormel Employees

More "crumbs" as Nancy Pelosi put it for the workforce of another mega Minnesota employer, thanks to the federal tax cuts. Hormel Foods recently jacked up beginning wages to $13 an hour and offered stock options to employees with increased revenue from the Tax Cuts and Jobs Act. The Austin, Minnesota company best known for Spam shared the good news in the Rochester Post Bulletin. “Tax reform will have a clear benefit to all Hormel Foods stakeholders — our shareholders, our employees, and the communities in which we operate,” Hormel President and CEO Jim Snee said in the announcement. “The ongoing...

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