Anglo-American pulls out of Pebble Mine project

One of the two companies seeking to build Alaska’s Pebble mine is dropping out of the project as scrutiny grows over its impact on wild salmon. British mining giant Anglo American said Monday it is withdrawing from the Pebble Partnership, a 50-50 venture with Canada’s Northern Dynasty Minerals. Anglo American will take a $300 million charge for dropping out.Anglo American CEO Mark Cutifani said the company wants to focus instead on lower risk projects. [email protected]  14:47