Monday, September 16, 2013

Curis Braintardians take another hit

"Mining group Anglo American has pulled out of the Pebble copper-gold project in Alaska, less than two months after pledging to halve a $17 billion pipeline of potential mines and bring down the cost of keeping future options open.

The decision, announced on Monday, leaves junior exploration company Northern Dynasty to push ahead alone with the plan to develop one of the largest copper-gold deposits in the world - but also a hugely environmentally challenging project that has already been studied for almost three decades."
Half price sale today on Northern Dynasty,(NDM.t) but the kicker here is the environmental impact of this particular mega-project ... "In an April report, the U.S. Environmental Protection Agency (EPA) said a large scale open-pit mine in Alaska’s unspoiled Bristol Bay region would destroy up to 90 miles (145 km) of salmon and trout spawning streams, harm thousands of acres of wetlands that support fish and subject local waters to chemical spills and releases of untreated wastewater."
UNreal how these capitalists go from one grossly offensive attack against the environment to another. These boyos seem to be COURTING public discontent at every turn and damn my doodle the HDI track record has gone from middling to fully hopeless.