Trumps EPA says NO to Pebble Mine

[nwmein199]

https://www.alaskapublic.org/2020/10/29/new-pebble-tapes-you-arent-held-to-your-pomises-in-election-season-mine-exec-says/

Going to make Alaskans rich they private mining company from Canada said several times...oh wait..that was a lie? Who could of guessed that

"The new batch of recordings also reveal that Thiessen expected the State of Alaska and other Alaska entities to pay $1.5 billion to fund most of the project infrastructure."

[nwmein199]

The mining project that wont die

https://www.adn.com/alaska-news/2020/11/16/pebble-mine-submits-final-report-setting-stage-for-trump-administration-decision-on-permit/

https://www.miningnewsnorth.com/story/2020/11/20/news/pebble-submits-final-piece-for-fed-permit/6540.html

[lokidog]

Gack!

[Bullkllr]

https://www.adn.com/alaska-news/2020/11/25/trump-administration-denies-permit-for-pebble-mine/
"The U.S. Army Corps of Engineers has “determined that the applicant’s plan for the discharge of fill material does not comply with Clean Water Act guidelines and concluded that the proposed project is contrary to the public interest,” said Col. Damon Delarosa, the Corps’ Alaska district commander."

[elkboy]

Now that is something to be thankful for!  I don't doubt, however, that they won't try again down the road... but this is good news for the present.

[lokidog]

Now that is something to be thankful for!  I don't doubt, however, that they won't try again down the road... but this is good news for the present.

 

[nwmein199]

https://www.adn.com/alaska-news/2020/11/25/trump-administration-denies-permit-for-pebble-mine/
"The U.S. Army Corps of Engineers has “determined that the applicant’s plan for the discharge of fill material does not comply with Clean Water Act guidelines and concluded that the proposed project is contrary to the public interest,” said Col. Damon Delarosa, the Corps’ Alaska district commander."

Good news!

Dont forget tho...this permit was denied by the Obama administration in 2014. Then under the Trump administration in 2019, the EPA withdrew there 2014 determination which denied Pebble the permit and allowed Pebble Mining to continue with the permitting process. Now we are back to the original 2014 EPA determination that the mine will not meet requirements for the Clean Water Act.

[nwmein199]

https://www.ktoo.org/2020/12/14/class-action-lawsuit-claims-company-misled-shareholders-about-viability-of-pebble-mine/

"When the Army Corps announced in August that Pebble needed to submit a new plan to mitigate the impacts to wetlands, the lawsuit points out the shares dropped by almost 38%, and when it denied Pebble a federal permit at the end of November, Northern Dynasty stocks dropped almost 50%, to 40 cents a share. As of Friday, they were at 34 cents a share.

The next annual Northern Dynasty shareholder meeting is on Dec. 17 in Vancouver."

[KFhunter]

https://www.adn.com/alaska-news/2020/11/25/trump-administration-denies-permit-for-pebble-mine/
"The U.S. Army Corps of Engineers has “determined that the applicant’s plan for the discharge of fill material does not comply with Clean Water Act guidelines and concluded that the proposed project is contrary to the public interest,” said Col. Damon Delarosa, the Corps’ Alaska district commander."

Good news!

Dont forget tho...this permit was denied by the Obama administration in 2014. Then under the Trump administration in 2019, the EPA withdrew there 2014 determination which denied Pebble the permit and allowed Pebble Mining to continue with the permitting process. Now we are back to the original 2014 EPA determination that the mine will not meet requirements for the Clean Water Act.

And all this freak out...in the end the process worked.


You should thank Trump's EPA for giving this a good scientific look over and ending it once and for all.   Obama said no just out of hand,  Trump's EPA did what Obama should have done in the first place.


Thank you Trump   

[Platensek-po]

https://www.adn.com/alaska-news/2020/11/25/trump-administration-denies-permit-for-pebble-mine/
"The U.S. Army Corps of Engineers has “determined that the applicant’s plan for the discharge of fill material does not comply with Clean Water Act guidelines and concluded that the proposed project is contrary to the public interest,” said Col. Damon Delarosa, the Corps’ Alaska district commander."

Good news!

Dont forget tho...this permit was denied by the Obama administration in 2014. Then under the Trump administration in 2019, the EPA withdrew there 2014 determination which denied Pebble the permit and allowed Pebble Mining to continue with the permitting process. Now we are back to the original 2014 EPA determination that the mine will not meet requirements for the Clean Water Act.

And all this freak out...in the end the process worked.


You should thank Trump's EPA for giving this a good scientific look over and ending it once and for all.   Obama said no just out of hand,  Trump's EPA did what Obama should have done in the first place.


Thank you Trump   

I’m sorry but that’s not what happened at all. Obama’s EPA reviewed the application and denied it because it was not viable under the clean water act. Trump said he was against it and then had dinner with the governor of Alaska and magically changed his mind. He then tried his best to push it through the permitting process only to have the same findings as Obama admin. So yeah, thanks Trump for wasting time and money on a project that should have been rejected out of hand but buddy buddy politics brought it back. Shame on him for even considering it.

[KFhunter]

That's not what happened either, the Alaska governor was dissatisfied with zombama dismissing it out of hand with a farce of an "impact study" and petitioned Trump to re-visit it.

He did, and although the zombama study was a farce, it had a great impact on public opinion, even Trump supporters were against it.  So the new study was too close on the margins, the political capital too costly so it was scrapped.

I don't think the true viability has ever had a fair accessment.

Not that I'm for it, but I don't buy into the drama.

Sent from my SM-G965U using Tapatalk

[full choke]

That's not what happened either, the Alaska governor was dissatisfied with zombama dismissing it out of hand with a farce of an "impact study" and petitioned Trump to re-visit it.

He did, and although the zombama study was a farce, it had a great impact on public opinion, even Trump supporters were against it.  So the new study was too close on the margins, the political capital too costly so it was scrapped.

I don't think the true viability has ever had a fair accessment.

Not that I'm for it, but I don't buy into the drama.

Sent from my SM-G965U using Tapatalk

There really isn't any TRUE viability of the project.
There is money to be made (by a foreign company) and an extremely high likelihood of irreparable damage to a fragile yet lucrative salmon fishery.
Not to mention a caustic eyesore to a beautiful remote wilderness.

[KFhunter]

Don't disagree 

I still think it needed to be looked at scientifically, the costs and risks weighed, and rejected properly. 

Yes a foreign company would have made a lot of money, but it would have brought a lot of jobs to the area as well.  There were upsides. 


Now it has be properly rejected.   

[Mark Brenckle]

What happens when a Chinese company buys the mineral rights and Beijing-Biden and his family stand to make a profit?

[nwmein199]

What happens when a Chinese company buys the mineral rights and Beijing-Biden and his family stand to make a profit?

Not looking like anyone really wants to mess with this mine...all these investors pulled out prior to EPA denying permits.

https://www.nrdc.org/experts/joel-reynolds/morgan-stanley-dumps-pebble-mine-northern-dynasty

In 2011, Mitsubishi Corporation sold out.

In 2013, Anglo American abandoned its partnership, walking away from an investment of almost $600,000,000.

In 2014, Rio Tinto donated its shares to two Alaskan non-profits.

In 2018, First Quantum Minerals walked away from an investment five months earlier of $37.5 million and terminated negotiations for a 50 percent partnership.

In 2018, BlackRock zeroed out its shareholdings in Northern Dynasty.

For over a decade, Tiffany & Co., leading a group of some 60 major jewelers, condemned the project because there are some places that simply should not be mined, and Bristol Bay is one such place.

Since February 2011, Northern Dynasty’s share value has dropped over 94 percent in value. In 2017, based on a thorough financial analysis of the company, New York investment firm Kerrisdale Capital Management called Northern Dynasty “worthless,” observing that even President Trump “can’t make a success out of a value-destroying boondoggle.” The Pebble Mine, it said, is “doomed,” “politically-impaired” and “commercially futile.”