National Fisherman


ANCHORAGE - The Bristol Bay Native Corp.'s Education Foundation is no longer an investor in the contentious Pebble Mine project, after deciding to sell stock which it had received as a gift.
 
On April 5, the foundation received nine million shares as a donation, when Rio Tinto parted ways with Northern Dynasty Minerals, owner of the Pebble Partnership. Foundation officials announced on Friday that they have sold those shares, generating $6.48 million. The foundation says the money will be deposited into an endowment and used to support scholarship programs.
 
While BBNC has been against the Pebble project from the beginning, foundation officials say they've never taken a position on Pebble.
 
Read the full story at KTUU>>

Inside the Industry

Legislators from Connecticut and Massachusetts complained about the current “out-of-date allocation formula” in black sea bass, summer flounder and scup fisheries in a letter to the U.S. Department of Commerce earlier this week.

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The Southeast Alaska Fishermen’s Alliance recently announced that the National Marine Sanctuary Foundation has awarded the organization a Hollings Grant to reduce whale entanglements in Alaska salmon fisheries by increasing the use of acoustic whale pingers to minimize entanglements in fishing gear.

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