Major Company Backs Out Of Pebble Mine Project in Alaska

A major mining company has withdrawn its participation in Alaska’s Pebble Mine project, dimming the controversial project’s prospects of moving forward, the Anchorage Daily News reports. The British Mining giant, Anglo American, said it was pulling out of the project to focus on lower-risk mining ventures — a tacit acknowledgment that opposition among fishermen,
Bristol Bay watershed
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Bristol Bay watershed
indigenous groups, and environmentalists was making it increasingly unlikely that the Pebble Mine would receive the necessary state and federal approvals. The opposition is focused on concerns that the massive gold and copper mine would threaten Bristol Bay and endanger the world’s richest wild salmon fishery. Northern Dynasty Minerals, a Canadian company, continues to back the project, but a company official said the firm would have trouble moving forward without a partner.