This blog has covered this proposed gold mine earlier. Here is an overview and the latest. Alaskans Weigh the Cost of Gold Mine Could Imperil Salmon, Way of Life. By Karl Vick. Washington Post Staff Writer.
Unlike most other metals, gold is store of monetary value as well as a useful metal. As such, it is not clear that the world economy benefits from additional mining, processing, and production of gold.
Imagine, for example, what would happen if the amount of refined gold sitting in the world’s vaults suddenly by magic doubled? Would we be better off? Millions of people would lose hundreds of billions (perhaps trillions) of dollars of investments in gold.
As an Idahoan living in a state downwind and slowing being poisoned from the huge gold pits of Nevada (mercury poisoning from them), I have no enthusiasm for gold production. Hopefully Alaskans can save their jobs and lives from this monstrosity.