No Pebble Mine - Alaska Fly Out

Articles tagged with: No Pebble Mine

Anglo American Bails on Pebble Project

An Expensive Divorce

nopebbleAnglo American has just announced they are divorcing Northern Dynasty in their partnership to develop the Pebble mine. 

After five years of debate giant miner Anglo American (LON: AAL) said Monday it is pulling out of its polemic Pebble Mine project in the Bristol Bay region of Alaska, adding it will pay a $300-million "impairment charge" to its partner Northern Dynasty Minerals (TSX: NDM).

"Our focus has been to prioritize capital to projects with the highest value and lowest risks within our portfolio, and reduce the capital required to sustain such projects during the pre-approval phases of development as part of a more effective, value-driven capital allocation model," he (CEO Mark Cutifani) said in the press release.

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Sportsmen Put on Your Rally Caps

Comment to EPA Before May 31st

rallycap

Speak up to the EPA sportsmen and women. We need your comments before the May 31st deadline. Bristol Bay's salmon economy and culture are too valuable to risk large scale mining in the area. It takes 1-minute to send a comment. 

This may be our last chance to save the best we have left. 

CLICK HERE

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