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Alaska's Pebble Mine told to offset damage as Republican opposition grows
From Reuters
Monday, August 24, 2020
The U.S. government tOday placed an additional hurdle in front of Alaska's Pebble Mine project, giving developers 90 days to explain how they would offset damage to wetlands and popular fishing sites amid rising opposition to the project by prominent Republicans.
The stipulation, in a letter from the U.S. Army Corps of Engineers to Vancouver-based Northern Dynasty Minerals Ltd, could delay final permit approval for the mine. The company described the request as routine.
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Shares of Northern Dynasty lost nearly 40% of their value today following the announcement by the Army Corps, which said the mine would cause "unavoidable adverse impacts to aquatic resources."
The administration of Republican President Donald Trump had moved closer last month to approving the mine's permit, reversing a decision by former Democratic President Barack Obama.
But a prominent group of Republicans, including Trump's son Donald Trump Jr. and Fox News host Tucker Carlson, have voiced opposition, saying the mine would destroy areas where they enjoy fishing and hunting.
Alaska's two U.S. senators, Dan Sullivan and Lisa Murkowski, the powerful chair of the Senate Energy and Natural Resources Committee, came out against the mine this evening. The two Republican senators said in separate statements that the mine, as currently proposed, would cause too much environmental damage. ...
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https://www.reuters.com/article/us-usa-alaska-pebblemine/northern-dynast...
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