Alaska Business Insider

Alaska’s economy never stands still. One minute the oil industry is booming while tourism companies are tottering, and the next the construction industry is laying down its hammers while fishermen are enjoying strong catches.

In this blog we’ll track those highs and lows, resource development disputes, new ventures and many other topics. We’ll rely on our own reporting as well as bring you relevant news from other media or any other source that has information of interest to people following Alaska industries, from mining to retail to real estate.

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54 jewelers say no to Pebble

The Associated Press --

This Valentine's Day, 54 jewelers in the United States are saying no to gold from the proposed Pebble Mine.

Opponents of the proposed copper and gold mine in the Bristol Bay watershed say the boycott from jewelers represents more than $5.75 billion in annual sales. The companies include some of the largest in the industry, including Zale Corp. and Helzberg Diamonds.

Opponents worry that the mine in Southwest Alaska will harm the famed Bristol Bay wild salmon fishery downstream.

John Hardy Jewelry, one of the more recent companies to oppose Pebble, says if developed the mine will hurt local communities both environmentally and economically.

But the companies pursuing the mine -- Anglo American and Northern Dynasty -- say they can develop it safely without hurting the environment.

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