Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

unhappycamper

(60,364 posts)
Wed Sep 18, 2013, 08:54 AM Sep 2013

British company pulls out of Pebble Mine project

http://www.mcclatchydc.com/2013/09/16/202282/british-company-pulls-out-of-pebble.html



To transport ore and equipment, the gold and copper Pebble Mine would require a 104-mile road along Alaska's Pedro Bay

British company pulls out of Pebble Mine project
By Sean Cockerham | McClatchy Washington Bureau
Posted on Monday, September 16, 2013

WASHINGTON — British mining giant Anglo American is abandoning its effort to develop Alaska’s Pebble Mine, leaving Canadian explorer Northern Dynasty Minerals alone in its attempt to push through the massive and controversial project.

Anglo American’s decision to withdraw comes as scrutiny grows over the impact the mine would have on the world’s best-remaining run of wild salmon.

Northern Dynasty is vowing to press forward on the mine. But it’s questionable how far the company can go without the finances of a big partner like Anglo American.

Northern Dynasty spokesman Sean McGee said the company has the financial ability to get the project through the next step of seeking state and federal permits.
Latest Discussions»Issue Forums»Environment & Energy»British company pulls out...