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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 RealityCheck123on Apr 19, 2022 12:24pm
117 Views
Post# 34613528

Underground Mine or No Mine

Underground Mine or No Mine

If the resource cannot be mined by underground mining methods only, likely no mine.  

Project economics are required to be demonstrated for financing and shareholders. Economics do not influence NEPA assessment. 

Underground mining only significantly reduces environmental impact, long term maintenance and water treatment.

The existing DEIS failed to adequately assess not only an underground mining alternative, but cumlative and foreseeable future cumlative impact analysis of the much larger mine the proponent touted in the Pebble Tapes. 

A new mine plan, 404 permit application and DEIS is necessary.

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