National Fisherman

Anglo American, one of the key backers of the controversial Pebble mine in Alaska's Bristol Bay region, announced Monday that it is withdrawing from the Pebble Partnership -- and will take a $300 million hit for doing so. The London-based Anglo American has a 50 percent share of the Pebble venture, with Northern Dynasty Minerals out of Vancouver, Canada controlling the other half. The company said that Northern Dynasty will assume sole responsibility for the project.
 
In a statement, Anglo American CEO Mark Cutifani said that the company was seeking other investment opportunities.
 
"Despite our belief that Pebble is a deposit of rare magnitude and quality, we have taken the decision to withdraw following a thorough assessment of Anglo American’s extensive pipeline of long-dated project options," Cutifani said. "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."
 
Read the full story at the Alaska Dispatch>>

National Fisherman Live

National Fisherman Live: 1/13/15

In this episode:

Council hosts public hearing on Cashes Ledge
Report assesses Chesapeake water, fisheries
Warmer waters shake up Jersey fishing
North Pacific observer program altered for 2015
Woman aims to crowdsource lobstering career

National Fisherman Live: 12/30/14

In this episode, Michael Crowley, National Fisherman's Boats & Gear editor, interviews Chelsea Woodward, an engineer working with the NIOSH Alaska Pacific Office to design static guards for main drum winches used in the side trawl fishery in the Gulf of Mexico.

Inside the Industry

The Alaska Seafood Marketing Institute is still seeking public review and comment on the Alaska Responsible Fisheries Management Conformance Criteria (Version 1.2, September 2011). The public review and comment period, which opened on Dec. 3, 2014, runs through Monday, Feb. 3.

Read more...

NOAA, in consultation with the Department of the Interior, has appointed 10 new members to the Marine Protected Areas Federal Advisory Committee. The 20-member committee is composed of individuals with diverse backgrounds and experience who advise the departments of commerce and the interior on ways to strengthen and connect the nation's MPA programs. The new members join the 10 continuing members appointed in 2012.

Read more...

Try a FREE issue of National Fisherman

Fill out this order form, If you like the magazine, get the rest of the year for just $14.95 (12 issues in all). If not, simply write cancel on the bill, return it, and owe nothing.

First Name
Last Name
Address
Country
U.S. Canada Other

City
State/Province
Postal/ Zip Code
Email