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Protecting America’s Richest Fishery: Alaska’s Bristol Bay

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By Bonnie Gestring

October 4, 2012

The rivers and streams of Bristol Bay, Alaska support the largest wild sockeye salmon fishery in the world, and supply nearly 50% of the world’s commercial sockeye salmon.

Every year, millions of wild salmon make the epic journey from the ocean to the rivers and streams that feed Bristol Bay to reproduce -- supplying the world with healthy seafood, a feast for hungry bears, eagles and beluga whales, and roughly 14,000 jobs along the way.

Now, plans for a massive open pit, copper and gold mine, known as the Pebble Mine, put the future of the fishery in question. If developed, the Pebble Mine would be the largest open pit mine in North America, straddling the headwaters of two of the most important salmon spawning rivers.

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Tagged with: bristol bay, pebble mine, pebble, salmon

Alaska’s Controversial Pebble Mine: Piling on the Risk for Anglo American

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By Bonnie Gestring

August 20, 2012

Anglo American CEO Cynthia Carroll is getting flack these days from some of the company's shareholders, who are calling on the CEO to quit, in response to reduced earnings and disagreements over strategy. Her strategy, which has focused on four big mining projects in Chile and Brazil, has been hampered by legal challenges to licenses, delays to projects and downturn in global commodity prices, according to a recent story in the London Telegraph.

According to the CEO, "We are sequencing investment by prioritizing capital to commodities with the most attractive market dynamics and projects with the lowest execution risks."

If that's the case, than it would appear that Anglo American's 50:50 joint venture with Northern Dynasty in the controversial Pebble Mine would be a good project to drop altogether.  After all, nothing about Pebble lends itself to a project with the lowest execution risk.

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Tagged with: alaska, pebble mine, anglo american

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