Make Kitco Your Homepage

Alaska mining project CEO criticises US EPA veto suggestion

Kitco News

The top boss of a proposed Alaskan mine, which has been through a roller coaster of regulations for the past 15 years, called the recommendation that the US environmental agency should veto the project a "massive regulatory overreach".

Mining waste from the Pebble Mine project, which has one of the world's largest copper and gold deposits, would threaten Alaska's Bristol Bay watershed, home to important salmon species including the world's largest sockeye salmon fisheries that have supported critical wildlife and a multibillion-dollar industry, according to the Environmental Protection Agency (EPA).

Late Thursday, the EPA's Pacific Northwest region, which includes Alaska, recommended the project should be vetoed.

In response, Pebble Limited Partnership chief executive John Shively on Friday called the EPA's suggestion "wildly speculative" and "not supported by any defensible data", adding the agency was acting outside the authority given to it by Congress.

The EPA did not immediately respond to a Reuters request for comment.

Pebble Limited Partnership is the main subsidiary of Canada-based Northern Dynasty Minerals. 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.