EPA deal Northern Dynasty aims to resolve EPA dispute next week
Northern Dynasty Minerals Ltd (C:NDM)
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Thursday May 4 2017 - News Release
Mr. Ronald Thiessen reports
NORTHERN DYNASTY: PEBBLE PARTNERSHIP, EPA FILE JOINT MOTION TO EXTEND STAY OF PROCEEDINGS
Northern Dynasty Minerals Ltd.'s wholly owned U.S. subsidiary, the Alaska-based Pebble LP (PLP), and the U.S. Environmental Protection Agency (EPA) have filed a joint motion in federal court to extend a stay of proceedings in the parties' long-standing legal dispute over the federal agency's pre-emptive regulatory action under Section 404(c) of the Clean Water Act to May 11, 2017.
The motion states, "The parties have identified a likely framework for settlement and request a short, one-week extension of the current stay to allow the parties the time necessary to finalize the agreement and obtain the required approvals."
Tom Collier, chief executive officer of PLP, commented: "A great deal of common ground has been established between the parties, including on the importance of upholding the rule of law when it comes to administering statutorily mandated processes under the Clean Water Act, the National Environmental Policy Act and other federal statutes. On that basis, we anticipate achieving a resolution to these matters next week."
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