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Northern Dynasty Minerals Ltd. Message Board

  • wheelbarrowme wheelbarrowme Sep 23, 2011 7:01 PM Flag

    Senator Maria Cantwell's Letter Re: Pebble Project

    Below are the remarks from Maria Cantwells to a friends inquiry interesting. What do you think?



    "The Pebble Mine is a massive mineral exploration project proposed for the Bristol Bay region of Southwest Alaska. Currently, this project is under consideration for development by British-based Anglo-American, PLC, and Canadian-based Northern Dynasty Minerals, Ltd. According to the companies' review of the proposed mine site, fully mining the copper, gold, molybdenum, and other metals would produce over seven billion tons of waste rock, a toxic stew that would be deposited in massive new artificial lakes. Seepage into the groundwater could adversely impact the Bristol Bay watershed, which is the main outflow for the rivers and streams in the proposed mine area. Contaminated water and industrial mining activities could threaten the pristine local environment and the diverse marine and terrestrial life that depend on it, in particular the wild and healthy salmon populations that thrive in the watershed, like the world's largest sockeye salmon fishery.

    On September 12, 2011, I sent a letter to the Environmental Protection Agency (EPA) Administrator Lisa Jackson to express my support for the EPA's decision to conduct a thorough scientific analysis of the effect a large-scale development project would have on the Bristol Bay watershed. Bristol Bay is one of the most productive salmon runs in the world, generating a total value of at least $500 million each year for commercial and recreational fisheries. Thousands of Washington state jobs, including seafood processing and the restaurant industry, depend on healthy, sustainable salmon populations. In 2008, Bristol Bay yielded over $113 million in total value for Washington state commercial fisheries while recreational salmon fisheries yielded an additional $75 million for Washington state businesses alone.

    EPA is conducting a scientific analysis of the Bristol Bay watershed to help the agency understand how future large-scale development may affect water quality and the salmon fishery. The information the agency gathers is intended to help guide future actions to protect the waters and promote sustainable development. EPA will study information related specifically to the Pebble Mine because it is the most likely near-term large-scale development project. EPA does have the authority, under Section 404(c) of the Clean Water Act, to restrict, prohibit, deny, or withdraw the use of a water body as a disposal site for dredged or fill material – such as mining and other waste – if it determines the discharge will have unacceptable adverse impacts on municipal water supplies, shellfish beds and fishery areas, wildlife, or recreational areas."

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    • I'm out currently as their is too much risk. However, ultimately it is a choice of 500 billion in revenue vs. 500 million per year for salmon. I believe that is a 1000 fold difference in potential revenue and profit sharing for Alaskans.

      If you believe for one minute that Republican greed isn't going to be the determining factor you probably also believe in the tooth fairy. This might be delayed for another year or two but Alaskans like to eat and this resource cannot be ignored.

      Instead of fighting this the salmon people should just be making sure that should the salmon fishing industry be negatively impacted that there is sufficient insurance to compensate the damaged until the problem is resolved. Of course most of the fishermen aren't even Alaskans.

      I'm willing to bet that within 5 years this mine is up and producing gold, silver, copper, and moly. Alaskans like getting those resource sharing checks. They just got a big one last month I believe.

      • 2 Replies to biotechbozo
      • A lot of the risk was removed yesterday. Did you buy back in?

      • “500 billion in revenue vs. 500 million per year for salmon”

        What a load of bs. I suspect you’re pulling those numbers out of one your holes.

        How do you get any numbers at all when NAK has never issued any type of feasibility study? As a matter of fact the pre-feasibility study is years late.

        Then you try to blow smoke by using a bogus life of mine number vs a per year number for the salmon.

        Posting crap like that gets you immediate pump monkey status and no respect from me.

        But don’t forget:

        There will NEVER be a mine at pebble.

    • Isn't it interesting when the crab stocks in the Berring Sea were under pressure the Feds stepped in and bought crab boats and resold them with the stipulation that they couldn't be used for crabbing in the Berring.They reduced the numbers of people fishing crab. Now the same people who benefitted from that action are coming out against Pebble.Everybody likes it when they are on the receiving end of Gov subsidies.What the government has done is keep the weak in business.

    • By the way, I do recognize that Pebble is an Alaskan project; but figured the thousands of Washingtonians holding commercial fishing permits in Bristol Bay would want a piece of the action.

    • Seize the Day! I think the State of Washington should somehow become a major business stakeholder in the project ... maybe even buy out Northern Dynasty's interest (ouch!) If the federal government can become a key stockholder in General Electric and oversee it's operations, why can't the State of Washington do the same. As a key stakeholder, they could preserve operational control and mine on a smaller, "controlled" scale and study-mitigate environmental impacts way before they become a problem ... while sharing in the profits too. Just kidding folks!

    • FYI
      http://www.adn.com/2011/09/28/2093713/businessman-is-sole-financial.html
      Be sure to read the link on the provided page about Northern Dynasty trying to sell their stake in Pebble.

    • Good for shareholders?Six month chart? That would depend on your time horizons.Look at the 6 month chart for the $CDNX.This area will become a new mining district one day IMHO.Pebble although massive is just the start.As more exploration companies are drawn to the area,more discoveries will be made.

    • I agree. They aren't just going to walk. It'll be messy, a wonderful event for the attorneys bathing in the settlement. But good for the shareholders? I think the 6 month chart says it all.

    • Exactly my point all along.Opportunity is key.It's not that people don't want to live there and start families,there is no opportunity.The people will vote,but the state will have the final say.This deposit was found on state land designated for mining exploration and development.You cannot convince me that NAK and Agnico are just going to walk.Somebody will have to be paid.

    • The problem is, when they get educated they don't return home. Not enough social activities that 20 somethings require these days. Look it up.
      Plus, who are are these natives that want the project in their backyard? We can argue but let's just wait for the vote. If it goes as my opinion warrants, it'll be the straw that breaks the back of this ill fated project.

    • Furthermore to imply that more Alaskans aren,t employed on the slope because they would rather get high is about as inteligent as the state spending money to figure it out.A generation ago Western Alaskans were fishing Bristol Bay in sailboats.A generation ago Western Alaskans were following reindeer around on the tundra.Put yourself in the shoes of the oil companies.They are not in the business of training people in the oil field and oil production business,the are in the business of making money.There is a reason for Texans,Oklahomans,New Orleans..etc on the slope and it is called experience.The oil money from Prudhoe Bay has built many schools that give the young people a chance to acquire the skills needed for these kind of jobs.In time the next gen will provide the workforce for Alaska with training.Also the Native corporations have realized this and are providing training for their members.For to long a select group of people have been planting the seeds of fear into remote communities because they could due to the lack of education.Times are a changing,the next gen is getting educated,going to college.They have been exposed to progress and they are starting to understand it.

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