National Economic Impact Study of Alaska's Pebble Project
On May 30, 2013, the Pebble Limited Partnership released a comprehensive study authored by IHS Global Insight, a leading global source of critical information and insight, entitled The Economic and Employment Contributions of a Conceptual Pebble Mine to the Alaska and United States Economies. The IHS report is an independent expert study that details the Pebble Project's potential economic contributions to the State of Alaska and the United States.
"This study confirms the national importance of the mineral resources at Pebble, the development of which has the potential to increase US copper production by 20%, while supplying America's manufacturing, construction and clean energy sectors with the raw materials they require," said Northern Dynasty President & CEO Ronald Thiessen. "Through significant capital investment, high-wage job creation, billions of dollars in government revenues and supply and service contracts, Pebble can benefit generations of Americans and Alaskans."
News Release May 30, 2013: Northern Dynasty Announces National Economic Impact Study of Alaska's Pebble Project
The Pebble deposit is one of the world's largest deposits of copper, gold and molybdenum, comprising 5.94 billion tonnes of Measured and Indicated Mineral Resources grading 0.42% copper, 0.35 g/t gold and 250 ppm molybdenum (0.78% CuEQ),and 4.84 billion tonnes of Inferred Mineral Resources grading 0.24% copper, 0.26 g/t gold and 215 ppm molybdenum (0.53% CuEQ) at a 0.30% copper equivalent (CuEQ) cut-off as estimated by D. Gaunt, PGeo. in 2010 using metal prices of US$1.85/lb for copper, US$902/oz for gold and US$12.50/lb for molybdenum.
The Economic and Employment Contributions of a Conceptual Pebble Mine to the Alaska and United States Economies -- Full Report
The IHS Global report is intended to provide general economic information about how the development of Pebble can contribute economically to Alaska and the USA. The report should not be used to evaluate the Pebble Project's impact on Northern Dynasty, which is the subject of the 2011 Preliminary Economic Assessment also available on this website.