North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Pebble Partnership copper gold molybdenum mine project Alaska Northern Dynasty NAK NDM

By Sarah Hurst
For Mining News 

Anglo American to steer Pebble project

Northern Dynasty talked to several majors and has already attracted investment from Rio Tinto; new deal is worth $1.4 billion


Last updated 8/26/2007 at Noon

Like a magnet, Pebble's inferred resources of 42.9 billion pounds of copper, 39.6 million ounces of gold and 2.7 million pounds of molybdenum attracted Anglo American to the southwest Alaska project. What this adds up to is a potential mine life of 50 years or more, which was Pebble's biggest draw for the London-based major, representatives of the company told Mining News. In late July Anglo em...

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