Northern Dynasty Minerals Ltd. (USA) (NAK), Rio Tinto plc (ADR) (RIO): Grinding Down the Threat Posed by Pebble Mine

Other jewelers including Zale Corporation (NYSE:ZLC) and Helzberg Diamonds joined the so-called “No Dirty Gold” campaign several years ago to oppose Pebble. Other unlikely opponents coming together include gunslingers Sturm, Ruger & Company (NYSE:RGR) and Savage Arms through the Sportsman’s Alliance for Alaska.

While the jewelers have said they’ll boycott the precious metals mined from the project, it raises the question of why such practices in other environmentally sensitive but resource-rich countries like Africa aren’t similarly opposed.

Mining is coming under attack all around the globe as practices are called into question that have for too long ignored environmental concerns and the lives of indigenous peoples who live in the region. With disparate groups coalescing around opposition to Pebble Mine, it may become yet another victim of a global uprising against mining, regardless of the economic benefits that will be derived.

The article Grinding Down the Threat Posed by Pebble Mine originally appeared on Fool.com is written by Rich Duprey.

Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool owns shares of Sturm, Ruger.

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