Video: Hearing on Rio Tinto’s Michigan Haul Road
February 11, 2010
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Eagle Mine, economy, Kennecott-Rio Tinto, Law, Michigan, public land, water pollution, wildlife | Tagged: civil disobedience, Eagle Mine, Kennecott, Law, Michigan, public land, Rio Tinto, water pollution, wildlife | 
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Rio Tinto Buys Into Alaskan “Pebble” Project
April 2, 2007by Gabriel Caplett
Kennecott, through its parent company Rio Tinto, has purchased Galahad Gold Ltd.’s 19.8% share in Northern Dynasty Minerals Ltd Pebble copper-gold-molybdenum prospect, making it the largest single individual shareholder.[1] In February 2007, Northern Dynasty Minerals announced it would receive the Thayer Lindsley International Discovery Award from the Prospector’s and Developer’s Association of Canada for discovering the 32 square mile Pebble East deposit.[2]
Claiming Pebble East to be the world’s largest, un-mined mineral deposit, Northern Dynasty has estimated the deposit to contain 67 billion pounds of copper, 82 million ounces of gold, and at least 2.9 billion pounds of molybdenum, amounting to roughly $200 billion on the current metals market.[3] The State of Alaska currently imposes a tax of less than 1.5% on mineral royalties.[4] Read the rest of this entry »
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