This week, the proposed Pebble Mine project took another hit when Northern Dynasty Minerals - the company backing the project - failed to reach an agreement with it's financial backer, First Quantum Minerals. This was the fourth failed attempt for Northern Dynasty to secure a financial partner.
Anglers, sportsmen, commercial fishermen, conservationists, and environmentalists everywhere celebrated the latest setback and hoped that this might shut down the Pebble Mine project once and for all. Pebble Mine is located in the Bristol Bay region of Alaska, near world-famous Lake Iliamna, and contains ore deposits rich in copper, gold and molybdenum. Widespread opposition is due to the fact that mining operations such as this generate large amounts of waste water - possibly toxic - that would put at great risk one of the world's greatest salmon fisheries. Also at risk would be countless wildlife that depend on the river, including bears and eagles. It would also risk thousands of jobs that depend on the renewable resources of the area.
Pebble Mine came to the forefront of the fly fishing community in 2013 during the Fly Fishing Film Tour. The movie "The Last Cast" told the story behind the Stop Pebble Mine initiative. Numerous fly fishing companies, such as Orvis and Patagonia, as well as organizations such as the Federation of Fly Fishers (now Fly Fishers International) voiced their opposition to the project. Today over 300 companies in the industry have united in opposition to Pebble Mine.