Latest news with #ConservationFund
6 hours ago
- Business
Conservation group makes $60M land deal to end mining threat outside Okefenokee Swamp
SAVANNAH, Ga. -- A conservation group said Friday it has reached a $60 million deal to buy land outside the Okefenokee Swamp from a mining company that environmentalists spent years battling over a proposed mine that opponents feared could irreparably damage an ecological treasure. The Conservation Fund said it will buy all 7,700 acres (31.16 square kilometers) that Alabama-based Twin Pines Minerals owns outside the Okefenokee National Wildlife Refuge in southeast Georgia, halting the company's mining plans. 'It's a big undertaking, but it was also an existential threat to the entire refuge," said Stacy Funderburke, the Conservation Fund's vice president for the central Southeast. 'We've done larger deals for larger acres, but dollar-wise this is the largest deal we've ever done in Georgia." Twin Pines President Steven Ingle confirmed the sale through a spokesman, but declined to comment further. Twin Pines of Birmingham, Alabama, had worked since 2019 to obtain permits to mine titanium dioxide, a pigment used to whiten products from paint to toothpaste, less than 3 miles (5 kilometers) from the southeastern boundary of the Okefenokee refuge near the Georgia-Florida line. The Okefenokee is the largest U.S. refuge east of the Mississippi River, covering nearly 630 square miles (1,630 square kilometers) in southeast Georgia. It is home to abundant alligators, stilt-legged wood storks and more than 400 other animal species. The mine appeared to be on the cusp of winning final approval early last year. Georgia regulators issued draft permits in February 2024 despite warnings from scientists that mining near the Okefenokee's bowl-like rim could damage its ability to hold water and increase the frequency of withering droughts. Twin Pines insisted it could mine without damaging the swamp. Regulators with the Georgia Environmental Protection Division agreed, concluding last year that mining should have a 'minimal impact' on the refuge. The decisions by Georgia regulators played an outsize role in the Twin Pines project after environmental rollbacks during President Donald Trump's first term stripped the federal government of any oversight. Advocates battling Twin Pines said there is still a potential threat to the Okefenokee, with thousands of acres of privately owned land remaining unprotected. Georgia lawmakers have batted aside multiple attempts in recent years to prohibit mining near the refuge. 'There's maybe 30,000 acres that's still vulnerable outside the Okefenokee on Trail Ridge that needs to be conserved,' said Rena Ann Peck of the Georgia River Network. Josh Marks, an Atlanta environmental attorney who fought the mining project, called the land sale 'a huge victory.' But he also called on conservationists to redouble efforts for a state law protecting the Okefenokee and to keep pressure on other companies to refrain from mining near the refuge. Funderburke said the steep purchase price for Twin Pines' land was driven largely by its mineral-rich soils that would have been highly valued by other mining operations. Reaching a deal became more urgent with the company so close to obtaining its final permits. 'It became pretty clear once a draft permit was issued last year that this was the final exit ramp' to stopping the project, Funderburke said. He said his group was closing Friday on about 40% of the property that includes the 820-acre (332-hectare) site for which Twin Pines' had sought its mining permit. The Conservation Fund plans to close on the rest by the end of July. Funderburke said he hopes there is eventually a deal for the land to pass into government ownership and protection. The U.S. Fish and Wildlife Service, which oversees the Okefenokee refuge, in January approved a plan to expand the refuge by buying up to 22,000 acres (8,900) along its perimeter from private owners. The proposal included land owned by Twin Pines. Negotiations with the Conservation Fund might explain why Twin Pines had yet to follow through on a financial commitment required before Georgia regulators could make a final decision on its mining permit. The Environmental Protection Division recently confirmed Twin Pines had been notified in February 2024 that it needed to set aside $2 million for future restoration of the mining site. The company never followed through in the 16 months before the sale was announced.
E&E News
9 hours ago
- Business
- E&E News
$60M deal blocks mine near Georgia's Okefenokee Swamp
A high-profile, yearslong fight over a proposal to mine near the nation's largest blackwater swamp in Georgia has come to an end. The Conservation Fund, a nonprofit that buys at-risk lands for preservation, announced Friday that it paid about $60 million to buy land adjacent to the Okefenokee National Wildlife Refuge where Twin Pines Minerals was pushing to mine for titanium, killing the project. In addition to almost 8,000 acres, the group also acquired the underlying mineral rights to the land, blocking mining along an area known as the Trail Ride — a long, sandy ridge formation adjacent to the refuge. Scientists and activists had warned mining there could damage the integrity of the swamp, as well as historical and cultural assets. Advertisement The Okefenokee Swamp, home to the largest national wildlife refuge east of the Mississippi River, contains several endangered and threatened species, including the red-cockaded woodpecker, wood stork and eastern indigo snake. Stacy Funderburke, the fund's vice president of the central Southeast region, said urgency to reach a deal ramped up after Georgia regulators issued a draft permit for the mine last year despite pushback from top Biden administration officials and celebrities like movie star Leonardo DiCaprio. '[There's been] a huge outcry, citizens across Georgia wanting to stop this,' Funderburke said. 'It became pretty clear once the draft permit was issued last year that there weren't many exit ramps left for them to take outside of some type of buyout.' Twin Metals did not respond to a request for comment. The Conservation Fund, Funderburke said, relied on its revolving fund to purchase the land, an effort that was backed by philanthropic groups including the James M. Cox Foundation and the Holdfast Collective, a nonprofit that outdoor apparel giant Patagonia established. The fight that unfolded around Twin Metals' project underscored the difficulties of trying to mine in ecologically sensitive areas. The Birmingham, Alabama-based company has tried since 2019 to advance the project — facing pushback in court, in the state Legislature and on Capitol Hill — and was recently called on to set aside a $2 million surety bond for future restoration of the site. Twin Metals insisted the mining would be outside of the swamp and could be done safely and that the mine would produce titanium, a critical mineral used in defense equipment, spacecraft, automobiles, high-tech electronics, and other applications like paint and coatings. Focus now turns to the ongoing push for permanent protections for the swamp. The federally protected wildlife refuge was nominated under the Biden administration to be added to a list of globally treasured natural and cultural sites recognized by the United Nations. There are currently 26 such sites in the U.S. that have been designated as UNESCO World Heritage sites, including sites like Yellowstone and the Redwoods National and State Parks. The Interior Department did not immediately respond when asked whether the Trump administration backs such a designation. Sonny Perdue, a former two-term Georgia governor who led the Department of Agriculture during Trump's first term, called on the agency in April to support such a move. Funderburke said he's pursuing more protections for the swamp, while acknowledging other areas near the edge of Okefenokee remain open to mining exploration. 'There are still additional properties where there are future mining threats, so we will be paying close attention to that,' he said. 'But I do think this was the most imminent.'
San Francisco Chronicle
16 hours ago
- Business
- San Francisco Chronicle
Conservation group makes $60M land deal to end mining threat outside Okefenokee Swamp
SAVANNAH, Ga. (AP) — A conservation group said Friday it has reached a $60 million deal to buy land outside the Okefenokee Swamp from a mining company that environmentalists spent years battling over a proposed mine that opponents feared could irreparably damage an ecological treasure. The Conservation Fund said it will buy all 7,700 acres (31.16 square kilometers) that Alabama-based Twin Pines Minerals owns outside the Okefenokee National Wildlife Refuge in southeast Georgia, halting the company's mining plans. 'It's a big undertaking, but it was also an existential threat to the entire refuge," said Stacy Funderburke, the Conservation Fund's vice president for the central Southeast. 'We've done larger deals for larger acres, but dollar-wise this is the largest deal we've ever done in Georgia." Twin Pines President Steven Ingle confirmed the sale through a spokesman, but declined to comment further. Twin Pines of Birmingham, Alabama, had worked since 2019 to obtain permits to mine titanium dioxide, a pigment used to whiten products from paint to toothpaste, less than 3 miles (5 kilometers) from the southeastern boundary of the Okefenokee refuge near the Georgia-Florida line. The Okefenokee is the largest U.S. refuge east of the Mississippi River, covering nearly 630 square miles (1,630 square kilometers) in southeast Georgia. It is home to abundant alligators, stilt-legged wood storks and more than 400 other animal species. The mine appeared to be on the cusp of winning final approval early last year. Georgia regulators issued draft permits in February 2024 despite warnings from scientists that mining near the Okefenokee's bowl-like rim could damage its ability to hold water and increase the frequency of withering droughts. Twin Pines insisted it could mine without damaging the swamp. Regulators with the Georgia Environmental Protection Division agreed, concluding last year that mining should have a 'minimal impact' on the refuge. The decisions by Georgia regulators played an outsize role in the Twin Pines project after environmental rollbacks during President Donald Trump's first term stripped the federal government of any oversight. Advocates battling Twin Pines said there is still a potential threat to the Okefenokee, with thousands of acres of privately owned land remaining unprotected. Georgia lawmakers have batted aside multiple attempts in recent years to prohibit mining near the refuge. 'There's maybe 30,000 acres that's still vulnerable outside the Okefenokee on Trail Ridge that needs to be conserved,' said Rena Ann Peck of the Georgia River Network. Josh Marks, an Atlanta environmental attorney who fought the mining project, called the land sale 'a huge victory.' But he also called on conservationists to redouble efforts for a state law protecting the Okefenokee and to keep pressure on other companies to refrain from mining near the refuge. Funderburke said the steep purchase price for Twin Pines' land was driven largely by its mineral-rich soils that would have been highly valued by other mining operations. Reaching a deal became more urgent with the company so close to obtaining its final permits. 'It became pretty clear once a draft permit was issued last year that this was the final exit ramp' to stopping the project, Funderburke said. He said his group was closing Friday on about 40% of the property that includes the 820-acre (332-hectare) site for which Twin Pines' had sought its mining permit. The Conservation Fund plans to close on the rest by the end of July. Funderburke said he hopes there is eventually a deal for the land to pass into government ownership and protection. The U.S. Fish and Wildlife Service, which oversees the Okefenokee refuge, in January approved a plan to expand the refuge by buying up to 22,000 acres (8,900) along its perimeter from private owners. The proposal included land owned by Twin Pines. Negotiations with the Conservation Fund might explain why Twin Pines had yet to follow through on a financial commitment required before Georgia regulators could make a final decision on its mining permit. The Environmental Protection Division recently confirmed Twin Pines had been notified in February 2024 that it needed to set aside $2 million for future restoration of the mining site. The company never followed through in the 16 months before the sale was announced.
Al Arabiya
18 hours ago
- Business
- Al Arabiya
Conservation Group Makes $60M Land Deal to End Mining Threat Outside Okefenokee Swamp
A conservation group said Friday it has reached a $60 million deal to buy land outside the Okefenokee Swamp from a mining company that environmentalists spent years battling over a proposed mine that opponents feared could irreparably damage an ecological treasure. The Conservation Fund said it will buy all 7,700 acres (31.16 square kilometers) that Alabama-based Twin Pines owns outside the Okefenokee National Wildlife Refuge in southeast Georgia, halting the company's mining plans. 'It's a big undertaking, but it was also an existential threat to the entire refuge,' said Stacy Funderburke, the Conservation Fund's vice president for the central Southeast. 'We've done larger deals for larger acres, but dollar-wise this is the largest deal we've ever done in Georgia.' A Twin Pines spokesman did not immediately respond to an email message seeking comment. Twin Pines of Birmingham, Alabama, had worked since 2019 to obtain permits to mine titanium dioxide – a pigment used to whiten products from paint to toothpaste – less than 3 miles (5 kilometers) from the southeastern boundary of the Okefenokee refuge near the Georgia-Florida line. The Okefenokee is the largest US refuge east of the Mississippi River, covering nearly 630 square miles (1,630 square kilometers) in southeast Georgia. It is home to abundant alligators, stilt-legged wood storks, and more than 400 other animal species. The mine appeared to be on the cusp of winning final approval early last year. Georgia regulators issued draft permits in February 2024 despite warnings from scientists that mining near the Okefenokee's bowl-like rim could damage its ability to hold water and increase the frequency of withering droughts. Twin Pines insisted it could mine without damaging the swamp. Regulators with the Georgia Department of Environmental Protection agreed, concluding last year that mining should have a minimal impact on the refuge. The agency revealed recently that work on final permits had stalled because Twin Pines had yet to submit a surety bond or equivalent financial assurance to show that it had $2 million set aside for future restoration of the mining site. It said the company was informed of the requirement 16 months ago.
Toronto Star
18 hours ago
- Business
- Toronto Star
Conservation group makes $60M land deal to end mining threat outside Okefenokee Swamp
SAVANNAH, Ga. (AP) — A conservation group said Friday it has reached a $60 million deal to buy land outside the Okefenokee Swamp from a mining company that environmentalists spent years battling over a proposed mine that opponents feared could irreparably damage an ecological treasure. The Conservation Fund said it will buy all 7,700 acres (31.16 square kilometers) that Alabama-based Twin Pines owns outside the Okefenokee National Wildlife Refuge in southeast Georgia, halting the company's mining plans.
