P E BB L E PRO J E C T NE W S L ETTER
Table of Contents INSIDE Summer Exploration Pebble for a Cause Myth Busting The Pebble Fund
Copper: Powering New Energies Demand for copper, along with other raw materials, is growing worldwide due in particular to copper’s use in hundreds of everyday products from cell phones, computers, smart phone chips, hybrid cars, plumbing and more. Simply put, copper is one of the cornerstone natural resources that have shaped the digital age. Copper contributes to the current standard of living in four essential areas: • Environmental protection • Economic growth • Social considerations • Renewable energies
CIDI internal combustion engine
Integrated power electronics
5-speed manual transmisstion & automated clutch
5-speed manual transmisstion & automated clutch Final drive
Copper is a finite resource, mined from ore deposits formed in the ground millions of years ago. Copper has the best electrical conductivity of all the non-precious metals and is therefore (continued on Page 2)
Discovering Pebble The Pebble deposit, discovered in 1989, is a large and globally significant copper, molybdenum and gold deposit. Prior to the 1980s, there had been no substantial discoveries in Southwest Alaska. in the late 1990s, northern Dynasty minerals Ltd. (nDm) reviewed more than 150 porphyry deposits in north and South America. As a result, nDm optioned the Pebble property in 2001 and from 2002 through 2004 completed geophysical and geochemical surveys and diamond drilling. This work discovered copper, molybdenum and gold mineralization in several zones outside the Pebble deposit and expanded the Pebble resource to 4.1 billion tonnes. The higher-grade Pebble East Zone was discovered in late 2005, and the resource expanded to about 7.5 billion tonnes by early 2007, by which time nDm had acquired a 100% interest in the project. The Pebble deposit is located in Southwest Alaska on state land designated for mineral exploration and development. it is situated approximately 1,000 feet above sea level and 65 miles from tidewater on Cook inlet. The Pebble Partnership
Pebble Prospect deposit topography
was established in July 2007 as a 50:50 partnership between a subsidiary of Anglo American plc and an affiliate of northern Dynasty minerals, Ltd. Currently, the Pebble resource is estimated at 10.8 billion tonnes.
Copper: Powering New Energies (continued from Page 1) the material of choice for power generation, transfer and use. in electric motors and other components, optimizing copper improves efficiency by reducing wasteful heat loss. This means less energy demand per unit of output, which means fewer greenhouse-gas emissions.
Copper is essential to technology, enabling peak performance from advanced microprocessors and other miniature components that drive the digital economy of today and tomorrow. it is also a key element in the advancement of medical technologies and telemedicine.
Copper is well known for its antibacterial properties. A strong case has been presented for a role for copper and copper alloys in the control of transmission of food-borne and hospital-borne pathogens, such as E.coli o157, salmonella and the difficultto-treat methicillin-resistant Staphylococcus aureus (mRSA). Copper has the intrinsic ability to quickly inactivate these
dangerous microbes at both refrigerated and room temperatures.
modern social and business life would be impossible without instantly available electricity. Electricity conducted by copper encounters much less resistance compared with any other commonly used metal, and its electrical conductivity is 60% higher than aluminum. Copper is a key material for renewable energies: • hybrid cars take nearly twice as much copper – 75 pounds vs. 42 pounds. • Solar panels can be up to 60% copper. • A 3mw wind turbine generator needs 4.7 tons of copper to convert wind • A cell phone has 16 grams energy to electricity. of copper
Summer Exploration Drilling on Target
Summer exploration activities and environmental studies are in full swing for 2010 at the Pebble deposit. Currently, two drill rigs are in 24/7 operation that include local participants from the Pebble Partnership’s Driller’s Apprentice Program. A wide variety of research and survey crews are on site totaling more than 120 workers, which is welcome news for people in the region ready to go to work. Several geological studies are currently in progress, including an iP survey,
which helps geologists interpret where mineralization may occur within the deposit. The survey data provides the geological basis and roadmap for exploration drilling programs. As part of the Pebble Partnership’s commitment to environmental stewardship, an Environmental Site Coordinator (ESC) is on site full time. The ESC serves as compliance officer for all permits and usage authorizations and is responsible for ensuring that all drilling and water-use permit conditions are strictly observed.
Pebble for a Cause
on June 12, 2010, the Pebble Partnership sponsored and organized a satellite iliamna event in conjunction with Alaska Run for women, which supports breast cancer awareness programs statewide. more than 52 people participated in the satellite event, held in honor of local resident Jennifer Jones, who recently passed away from breast cancer. The event included material for participants on breast cancer provided by local health care providers.
Redoubt-Trading Bays Bethel
Kuskokwim Delta Lake Clark
Upper Nushagak River
Mulchatna River Iliamna
Dillingham Nushagak Bay
Anti-mining groups opposed to the Pebble Project claim that the proposed Pebble mine will pollute the waters of Bristol Bay.
Lower Nushagak Levelock River
Bristol Bay Commerical Salmon Fisheries Districts Source: ADF&G 2010
The Pebble Partnership is conducting one of the most extensive environmental studies ever undertaken for a mining project in Alaska. Exhaustive data gathering on subjects such as hydrology, fish, wildlife and more began in 2004 by third-party experts. The data will be compiled in the Environmental
t ai tr of
National Park and Preserve
mining, like most industries, has changed dramatically throughout the past several decades. There are higher environmental standards that must be met. Closure plans and a reclamation bond are required before permits can be granted. There are also extensive engineering planning and environmental studies that contribute to an overall mine plan.
Sub-basin Hydrologic Unit Boundaries Source: USDA-NRCS 2009
Currently, there is no proposed mine plan on which to justify this accusation. There is also no basis for this speculative claim. in fact, the track record for Alaska’s existing hard rock mines tells a completely different story. Alaska’s stringent permitting and regulatory standards must be met for any mine project to advance.
Redoubt Trading Bays
Port Heiden More than 100 air miles and 228.5 river miles along the Nushagak River from the Pebble deposit area to Bristol Bay.
Baseline Document (EBD), which will be submitted to the lead federal agency along with a project description at the beginning of the national Environmental Policy Act (nEPA) review. nEPA will include time for extensive public review and debate of the facts and project options presented in an Environmental impact Statement (EiS) prepared by the lead federal agency. Before construction can begin at Pebble, the EiS must be completed, and 67 major types of federal, state and local permits must be obtained.
FACTS: • There are eight massive watersheds located in Bristol Bay, with thousands of streams and tributaries. • Pebble is located near three of
48 similarly sized streams on the nushagak and Kvichak river systems. • Pebble is located more than 100 air miles from Bristol Bay, the equivalent distance between Los Angeles and San Diego. • Pebble will require review from more than 12 federal and state agencies including the U.S. Environmental Protection Agency, U.S. Army Corps of Engineers, national marine Fisheries Service, U.S. Fish & wildlife Service, Alaska Department of natural Resources, Alaska Department of Environmental Conservation and more. • Pebble will be required to comply with several state and federal laws, such as the Clean water Act, Clean Air Act, Endangered Species Act, migratory Bird Act, Anadromous Fish Act and more.
3201 C Street, Suite 604 Anchorage, AK USA 99503 (907) 339-2600 Toll-free: 1 (877) 450-2600 www.pebblepartnership.com
The Pebble Fund
t i es
tainable Com s u S m un i
Community organizations throughout the Bristol Bay region are invited to apply for fall grants from The Pebble Fund, which closes Sept. 1, 2010. Grants are available to 501(c)(3) organizations in the Bristol Bay region. Funding will focus on programs related to renewable resources/fish, energy, community and economic development, and education. Detailed grant guidelines can be found at www.alaskacf.org. A presentation will be posted online at www.alaskacf.org the week of Aug. 9, 2010, to explain grant guidelines and provide instruction for using the online application system. Established in 2008 as part of a five-year, $5 million sustainable community development plan for the region, to date the Pebble Fund has supported 65 projects throughout Southwest Alaska via grants totaling more than $2.4 million. Pebble Fund grants have helped to leverage nearly $12 million in matching funds from other organizations.
Made possible by the Pebble Fund
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