The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Sorted by date Results 1 - 4 of 4
In a move that could help it push the Pebble project across the permitting finish line, Northern Dynasty Minerals Ltd. has entered into an agreement with an unnamed investor for US$60 million over the next two years in exchange for royalties from the gold and silver that would be recovered as a byproduct of the copper produced if a mine is developed at the world-class deposit in Southwest Alaska. With an initial $12 million in good faith, this substantial investment could...
In a polarizing announcement, the Environmental Protection Agency released a revised Proposed Determination under Clean Water Act Section 404(c) to prohibit and restrict the use of certain waters in the Bristol Bay watershed. If finalized, the decision would lock out any future for a Pebble mine, and the enormous quantities of copper and other resources it could provide for the global transition to renewable energy. "This is clearly a giant step backwards for the Biden...
Pebble Limited Partnership is urging recently confirmed U.S. Environmental Protection Agency Administrator Michael Regan to support a full and fair permitting process for the Pebble mine project in Southwest Alaska. This project hosts 6.5 billion metric tons of measured and indicated resources averaging 0.4% (57 billion lb) copper, 0.34 grams per metric ton (71 million ounces) gold, 240 parts per million (3.4 billion lb) molybdenum, 1.7 g/t (345 million oz) silver, and 0.41...
The U.S. Army Corps of Engineers does not subscribe to the idea that it is better for the residents of the Bristol Bay region of Southwest Alaska to have worked and lost than never to have worked at all. In its public interest review for the Pebble project, Army Corps determined that some Bristol Bay residents that become accustomed to increased income and lower living costs from developing Pebble may be forced to move out of the region or lower their standard of living after... Full story
