National Fisherman


The global mining firm Rio Tinto announced Monday that it will divest its 19 percent stake in the controversial Pebble Mine project in Alaska,  donating its shares to two state charities.
 
The decision is the latest blow to the proposed gold, copper and molybdenum mine, which is under federal scrutiny for how it could affect the nearby Bristol Bay watershed, which supports nearly half the world’s sockeye salmon. In late February the Environmental Protection Agency announced it would invoke its authority under the Clean Water Act and consider blocking the mine, effectively halting the project.
 
Rio Tinto Copper chief executive Jean-Sebastien Jacques, whose company started reviewing its investment in the Pebble Partnership in December, said it would donate its investment in Northern Dynasty Minerals to the Alaska Community Foundation and the Bristol Bay Native Corporation Education Foundation.
 
Jacques said his company continues "to see Alaska as an attractive location for potential future investment," adding that by divvying up the shares it will guarantee "that Alaskans will have a say in Pebble's future development and that any economic benefit supports Alaska's ability to attract investment that creates jobs."
 
Read the full story at the Washington Post>>

Inside the Industry

The following was released by the Maine Department of Marine Resources on Jan. 22:

The Maine Department of Marine Resources announced an emergency regulation that will support the continued rebuilding effort in Maine’s scallop fishery. The rule, effective January 23, 2016, will close the Muscle Ridge Area near South Thomaston and the Western Penobscot Bay Area.

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Louisiana’s Department of Wildlife and Fisheries, which governs commercial and recreational fishing in the state, got a new boss in January. Charlie Melancon, a former member of the U.S. House of Representatives and state legislator, was appointed to the job by the state’s new governor, John Bel Edwards.

Although much of his non-political work in the past has centered on the state’s sugar cane industry, Melancon said he is confident that other experience, including working closely with fishermen when in Congress, has prepared him well for this new challenge.

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