Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Northern Dynasty Minerals Ltd T.NDM

Alternate Symbol(s):  NAK

Northern Dynasty Minerals Ltd. is a Canada-based mineral exploration and development company based in Vancouver. The Company’s principal business activity is the exploration of mineral properties. The Company’s principal asset, owned through its wholly owned subsidiary, Pebble Limited Partnership, is a 100% interest in a contiguous block of about 1,840 mineral claims in Southwest Alaska, including the Pebble deposit, located about 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the proponent of the Pebble Project. The deposit lies entirely within the Lake and Peninsula Borough, approximately 23,782 square miles of land. The deposit is a Copper-Gold-Molybdenum-Silver-Rhenium project. Its subsidiaries include 3537137 Canada Inc., Northern Dynasty Partnership, U5 Resources Inc., Pebble West Claims Corporation, and others.


TSX:NDM - Post by User

Comment by TuTomekon Nov 25, 2020 2:29pm
201 Views
Post# 31971449

RE:RE:NDM Executive

RE:RE:NDM Executive
Stockwonder wrote: https://pebblepartnership.com/press-releases/2020/11/25/pebble-statement-regarding-negative-permit-action-from-usace



The Company notes:

"The Final EIS found Pebble to be a project of merit that would fully co-exist with clean water, healthy fish and wildlife populations, and the important fisheries resources of southwest Alaska. The Final EIS also found that Pebble would make an important, positive socioeconomic contribution to the people and villages of Bristol Bay, Alaska - where full-time jobs are scarce and people face one of the highest costs of living in the country - as well as to the State of Alaska and the United States.

"Based on the positive findings of the Final EIS, conclusions by the USACE that development of the Pebble Project is ‘not in the public interest' are wholly unsupported.

"At a time when the United States has declared a ‘national emergency' due to its over-reliance on foreign producers for critical minerals required to ensure the country's future economic and military security, it is unconscionable to determine that permitting and development of one of the greatest accumulations of strategic and critical minerals ever discovered on American soil is ‘not in the public interest'.

"President-elect Biden's campaign recently said his administration would support boosting domestic production of copper and other metals necessary for the production of clean and renewable energy technologies, and a transition to a lower carbon future."

Northern Dynasty confirmed that the Pebble Partnership will appeal the USACE permitting decision within the 60-day window provided for it to do so.

"For the United States to turn its back on an opportunity to develop these minerals here at home in a manner that US regulators have agreed is environmentally safe and responsible, and to do so for purely political reasons, is not just short-sighted," said Northern Dynasty President & CEO Ron Thiessen. "It's self-destructive."

more at

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/987-tsx/ndm/88348-northern-dynasty-reacts-to-negative-federal-record-of-decision-on-alaska-s-pebble-project.html#:~:text=%22The%20Final%20EIS%20found%20Pebble,fisheries%20resources%20of%20southwest%20Alaska.
<< Previous
Bullboard Posts
Next >>