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Re: jdfurney post# 10082

Monday, 01/29/2018 6:55:19 PM

Monday, January 29, 2018 6:55:19 PM

Post# of 29930

For the reasons outlined in the attached correspondence and supporting documents - reasons that closely track those articulated to Rio Tinto several years ago by Comptrollers Liu, Scott Stringer, and myself - I am concerned that the Pebble Mine operation will trigger unavoidable significant environmental and social damage, infringe on the rights of indigenous peoples and raise a host of regulatory, operational, legal, and reputational risks for any company that pursues the endeavor.
In light of these risks, and as a fiduciary of substantial, long-term First Quantum Minerals shareholders, I request that you immediately undertake all measures necessary to sever any connections - financial or otherwise - with the Pebble Project or its owner Northern Dynasty Minerals, including termination of negotiations on a potential option agreement and any further financial payments to the Pebble Project.
I thank you for your prompt response.


http://treasurer.ca.gov/letters/pebble-mine-letter.pdf

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