National Fisherman

The Pebble Partnership plans to spend $80 million this year on advancing its proposed mine in Alaska's Bristol Bay.

The proposed Pebble Mine, 200 miles southwest of Anchorage, is estimated to hold 81 billion pounds of copper, 107 million ounces of gold and 5 billion pounds of molybdenum, and is said to be one of the largest such deposits in the world. However, the location of the proposed massive open-pit mine — near the breeding grounds of the fertile Bristol Bay salmon fishery — has led to intense scrutiny by opponents of the mine who say it would damage salmon streams that are important both commercially and culturally to the region.

The Pebble Partnership is 50-50 venture between global mining companies Anglo American and Northern Dynasty. Last year, the Pebble Partnership spent $107 million on preparing the permit application for the proposed mine. To date, the partnership has spent $680 million steering the project toward development.

The $80 million spent this year will come from Anglo American, due to the way the joint venture is structured, said Mike Heatwole, Pebble Partnership spokesperson. This year's funds will be spent with the goal of developing an overall project description and toward initiating the National Environmental Policy Act (NEPA) permit process.

NEPA permitting represents "the very beginning" of a years-long quest to collect more than 60 permits and approvals from various federal and state agencies, all required before the mine can proceed, Heatwole said.

Read the full story at the Alaska Dispatch>>

National Fisherman Live

National Fisherman Live: 8/14/14

In this episode:

  • More cod cuts expected if NOAA data holds
  • Louisiana importing oysters to meet demand
  • N.C. sets new sturgeon bycatch rules
  • BP appeals to Supreme Court on spill settlement
  • Senate releases new Magnuson-Stevens draft

National Fisherman Live: 8/5/14

In this episode, National Fisherman's Boats & Gear Editor Michael Crowley talks with Frances Parrott about the Notus Dredgemaster.

Inside the Industry

PORTLAND, Maine – The Maine Lobster Marketing Collaborative has appointed Matt Jacobson as its new executive director.
 
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The Gulf of Mexico Fishery Management Council will convene its Red Snapper Advisory Panel Wednesday, July 30, 2014, from 8:30 a.m. to 5:00 p.m. at the council office — 2203 N. Lois Avenue, Suite 1100, in Tampa, Fla. 

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