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Anglo American Withdraws Support of Pebble Mine

September 18, 2013 By: Erin Block

Anglo American, one of the key backers of the proposed Pebble Mine in Bristol Bay, announced withdrawal of its support and will take a $300 million loss for doing so. CEO Mark Cutifani stated the company would now focus on lower risk projects and ventures. This is a huge step in the protection of the natural resources and ecosystem of Bristol Bay. Read more on Alaska Dispatch.