Updated Pebble activities shared at BBNC board meeting

Among information presented at the BBNC board’s Land Committee meeting in early December was an update on Pebble activities. Main points included project cost updates and workforce statistics:

• In 2009, of the 468 total employees working on the Pebble Project, 26 percent were Bristol Bay locals. Employment figures for 2010 will not be available until later this year.
• In 2009, the Pebble Partnership spent just under $70 million on project development activities, such as environmental baseline studies and exploration.
• In 2010, the Partnership spent approximately $70 million, which included drilling 48 new exploration holes, bringing the total number drilled to 557 for the entire project.

The above figures were provided by Pebble Limited Partnership in 2010.