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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

Post by LithiumNPVon Oct 17, 2020 8:16am
217 Views
Post# 31733865

No Mitigation Plan Needed Since Wetlands are Not Disturbed

No Mitigation Plan Needed Since Wetlands are Not Disturbed

Shively said he believes the corps has written a strong environmental impact statement that shows the mine can coexist with fish. “The EIS was issued by a professional agency and prepared by a respected third party contractor,” which was AECON, he said.

The corps has also set an unusually high standard for the mitigation plan, requiring that all of the wetlands impacts be mitigated in the same watershed in which the mine would be built, Shively said. This is unusual for Alaska but common in the Lower 48 states, but an important difference is that in other states there is damaged wetland acreage that can be repaired or rehabilitated as part of a developer’s mitigation plan.

In most parts of rural Alaska including the Pebble area the wetlands are pristine, with NO DAMAGE TO BE REPAIRED, so it’s a high hurdle for the project to deal with, Shively said.

https://www.anchoragepress.com/despite-political-knocks-pebble-s-developer-presses-ahead-on-securing-permits-for-mine/article_3ac9c1e4-1008-11eb-8dc1-a32b4907ff49.html


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