The mining newspaper for Alaska and Canada's North

Anglo American cuts Pebble loose

Major eliminates massive copper project from 'constipated' portfolio; Northern Dynasty regroups to advance venture to permitting

After spending more than half a billion dollars to take the Pebble Project to the cusp of permitting, Anglo American plc has pulled out of The Pebble Limited Partnership, an alliance it forged six years ago with junior Northern Dynasty Minerals Ltd. to gain a 50 percent stake in one of the largest copper-gold-molybdenum deposits on the planet.

According to the most recent published resource estima...

 

Reader Comments(0)

 
 
Rendered 06/12/2024 03:30