ALASKA’S PEBBLE MINE AND THE LEGEND OF TRUMP’S GOLD

ALASKA’S PEBBLE MINE AND THE LEGEND OF TRUMP’S GOLD

Early last year, the combination of bad P.R., spooked investors, declining copper prices, logistical and infrastructural challenges, unresolved court battles, and a proposed intervention by the Environmental Protection Agency seemed to have rendered Pebble an extreme long shot. Northern Dynasty’s stock, worth twenty-one dollars a share five years earlier, bottomed out at twenty-one cents.