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Vol. 12, No. 34 Week of August 26, 2007
Providing coverage of Alaska and Northwest Canada's mineral industry


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

Sarah Hurst

For Mining News

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 f....

    [additional news subjects in this story]

Management team not yet set

Focus will be on completing pre-feasibility by end of ’08


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