Who owns the land for Pebble Mine?
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Who owns the land for Pebble Mine?
the State of Alaska
Project ownership The land is owned by the State of Alaska. Pebble Mines Corp. holds mineral rights for 186 square miles (480 km2) of the area, an area that includes the Pebble deposits, as well as other, less explored, mineral deposits.
How much money will Pebble Mine make?
$1 billion
The Pebble Partnership estimates the 20-year mine will make just $1 billion in profit.
Will Pebble Mine be approved?
The Conservation Fund has reached an agreement with the Pedro Bay Corporation for purchase of a conservation easement over 40,000 acres, including land identified by Pebble as necessary for its transportation and infrastructure corridor to the mine site. December 2022 is the deadline for funding of the agreement.
What happened to the Pebble Mine?
Alaska’s Controversial Pebble Mine Fails to Win Critical Permit, Likely Killing It. The immense project would have been one of the world’s largest gold and copper mines, but regulators found it “contrary to the public interest” due to environmental risks in the pristine Alaskan tundra.
How do Alaskans feel about the Pebble Mine?
More than 80 percent of people in the region believe the mine poses a threat to its fisheries. Pete Andrew Jr., a commercial and subsistence fisherman based there, puts it bluntly: “If you could pick the ultimate worst place in the world to create a mine, this is the very spot.”
How long will the Pebble Mine last?
The Latest Pebble Mine executives said in private taped conversations that they expect the mine to operate for up to 160 years longer and at twice the scale that they have been telling the federal government. The project is currently awaiting final approval from the Army Corps of Engineers.
How much gold is Pebble Mine?
82 million ounces
The find is known as Pebble Mine, and, with its full extent yet to be determined, officials estimate that it contains 67 billion pounds of extractable copper, 82 million ounces of gold, and 4 billion pounds of molybdenum.
How big of an area would the Pebble Mine cover?
EPA estimates the mine would require excavation of the largest open pit ever constructed in North America and would cover nearly seven square miles at a maximum depth of over 3/4 of a mile. The maximum depth of the Grand Canyon is about one mile.
Why Alaskans cant ignore Pebble Mine?
Alaskans cannot afford to allow the Pebble project to linger in existence. There are too many potential threats to ignore. For example, Pebble is currently appealing the Army Corps’ permit denial, which if successful, could reverse the Corps’ November 2020 decision.
How much gold is in the Pebble Mine?
107.4 million ounces
According to developer Pebble Limited Partnership (owned by Canadian company Northern Dynasty Minerals), the deposit area contains 80.6 billion pounds of copper, 107.4 million ounces of gold and 5.6 billion pounds of molybdenum. It is worth an estimated $400 billion.
Is Pebble Mine good?
The Pebble Mine would destroy far more jobs than it creates At its peak, the Pebble Mine would support fewer than 2,000 jobs, but risks destroying 15,000 fishing and seafood jobs and thousands of recreation and tourism industry jobs.
What is the purpose of the Pebble Mine project?
The Pebble Project Pebble Limited Partnership (PLP) is proposing to develop the Pebble copper-gold-molybdenum porphyry deposit (Pebble Deposit) in southwest Alaska as an open-pit mine, with associated infrastructure.
