The chief executive of Pebble LP predicts the gold and cooper deposit in Alaska's Bristol Bay region will be developed eventually, but whether it will happen under his tenure remains uncertain.
"I think there is some confidence that this is a project that someday will go," John Shively said today in an interview. "And I actually believe that someday this mine will be developed," he added, referring to the southwestern Alaska site's 107.4 million ounces of gold, 5.6 billion pounds of molybdenum and more than 80 billion pounds of copper.
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Then he ends with this gem: "Are we going to impact some fish habitats? Yes," he said. "Mostly rearing habitat, but we can create comparable habitat in that area. We are confident we have a plan that works."