Mining leaders to speak with legislators about economic impact

CREATED Feb. 11, 2013

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BOISE, Idaho – Mineral exploration and mining leaders from around the state will be in Boise this week to talk to legislators about the growing economic impact the industry is having in Idaho.

Seven exploration and mining leaders will address the exploration and permitting process and the current and potential economic impact these activities generate throughout Idaho.

In addition to the surge of investments and jobs provided by the exploration process, mining continues provides Idaho with a large economic boost.

Approximately 3,000 people were employed by mines in Idaho during 2011. $267 million was paid in wages resulting in an average to $85,900 per job, including benefits.

According to the mining leaders, every direct mining job added $330,000 to the gross state product creating an additional 1.83 jobs.

Leaders of Idaho’s mining industry are scheduled to speak with legislators starting Monday and meetings are expected to run through Wednesday with a final appearance at the Senate Resources & Environment Committee.

Speaking at this meeting will be Jack Lyman, Idaho Mining Association; Del Steiner, President & CEO Premium Exploration, Inc.; Anne Labelle, Vice President Midas Gold Corp.; Erika Stoner, Mine Manager Agrium/Nu-West; Bill Scales, President Formation Capital; Chris Guill, President Goldhill Mining Kirk Williams of ISR Capital; Ernest Simmons, Atlanta Gold.