Tuesday, January 02, 2007

More Pebble Mine News

Homernews.com has more information on the proposed Pebble Mine in Alaska. It seems the developers continue to pour massive amounts of cash into the effort to build the gold mine despite public concern about environmental issues.

As 2006 drew to a close, Northern Dynasty had invested $126 million into its Pebble exploration project. Bruce Jenkins, chief operating officer for the Canadian mining firm, said he anticipates the company will spend another $30 million to $45 million in 2007.

Also we got an email from Scott Hed of The Sportsman's Alliance for Alaska to remind us that the period for public comment about the proposed mine has been extended until Feb. 5th 2007.

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