Tiffany & Co Jewellers Boycot Alaskan Gold Mine Plans

This entry was posted by Wednesday, 3 November, 2010
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Pink Salmon in Alaska

Black Bear Catching Pink Salmon in Alaska

With the price of gold reaching a record high yet again, it is not unreasonable to think that the mining companies are looking at investing in other areas to find more gold, but at what price?

Tiffany & Co, one of the world leaders in retail jewellery, today announced that they would be joining the boycott in support of the Alaskan families who reside and work in Bristol Bay.

This is the third company in a short time that has made this announcement, following in the footsteps of Fraser Hart and Beaverbrooks.

The planned excavation of the Bristol Bay river was being headed by Anglo American and a Canadian partner, Northern Dynasty Minerals.

Although they claim they would not damage the pink salmon inhabitants of the river, jewellers from the UK and USA have said that they would not purchase any old that had been taken from this area, purely on ecological rounds.

The supposed infrastructure would cover approximately 30 square miles of the Alaska river head, with approximately 85 miles of road to access the site. Not only this, local campaigners claim that the estimated contaminated waste from the mine would fill two valleys.

Salmon fishing in the Alaskan districts produces over $320 million a year and employs 12,500 people across the country.

As fishing is in the biggest decline ever, all we can do is hope that the linkingof arms between some of the worlds largest retailers of gold and silver, will be enough combined weight for the companies to abandon plans and look somewhere else.

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