Pebble Economic Analysis   Leave a comment

aurorawatcherak

The proposed Pebble copper/gold mine near Iliamna is very controversial and is emblematic of what Alaska faces in trying to develop our resources and a grown-up economy like the rest of the states. There’s plenty of fear-mongering about the watershed and some of it is valid. It’s a seismically active area, but Fort Knox – an active gold mine in the Fairbanks area – is also in a seismically active area. The containment dam there held up just fine during the 7.9 magnitude Denali Quake in 2002. The engineering exists to overcome the seismic risks. The Pebble Partnership continues to conduct actual scientific studies in advance of filing an environmental impact statement, but the EPA has already issued a ruling, based on a historical analysis of mining history around the world rather than the real-life current proposed project, that indicates Pebble hasn’t got a snow ball’s chance in hell of…

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Posted April 7, 2016 by aurorawatcherak in Uncategorized

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