Anglo out of mine

Mining company Anglo American says it is pulling out of the Pebble copper mine project in Alaska and will pay a $US300 million ($321 million) "impairment charge" to its US partner, Northern Dynasty Minerals. Anglo's chief executive, Mark Cutifani, had vowed to to cut costs.

Mining company Anglo American says it is pulling out of the Pebble copper mine project in Alaska and will pay a $US300 million ($321 million) "impairment charge" to its US partner, Northern Dynasty Minerals. Anglo's chief executive, Mark Cutifani, had vowed to to cut costs.

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