RE:RE:re:STOCK RATING RATED SELL FOR NDM SORRYTrue to some extent, however you're comparing apples to oranges with Africa vs Alaska (will keep this high-level). In addition, let us get that figure down from 1 trillion more like 300+ billion that Pebble contains (gold, copper, and molybdenum) with 10 billion toxic tons for tailings that needs to be put somewhere.
Africa
- Remote areas that infrastructure is paid for by UN/World Bank programs therefore little to no cost to the mine(s) in question
- Little to no environmental laws or lacking thereof (waste not an issue)
- 'Pay-offs' of corrupt government officials as per my other earlier comment to Smallscapsking
- Cheap labour\abuse of labour
- No major Fisheries to worry about, this includes Environmental & Indian groups and or the Mass Populace.
- Warring factions, instability however mines of that nature are protected by the State Army as it is a source of revenue
Alaska
- Remote barren areas, issue with permafrost, transport and waste (infrastructure cost could be split however unknown at this point if at all?)
- Fisheries group ½ of the world’s sock-eye salmon comes from here
- Indian/Native group claims/reserves
- Alaskan's who are ‘against’ and ‘for’ the project this includes the majority who are against this project 82%
- Laws (State vs Federal) also including environmental (this include EPA current and revised)
- Cost of labour significantly higher in Alaska/North America than any other country in Africa