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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 28, 2023 12:31pm
131 Views
Post# 35419424

Appeal will be Denied

Appeal will be DeniedRemanded back to District Engineer confirming current Record of Decision stands.  A permit cannot be issued under the current mine plan which was assessed by NEPA EIS for several reasons:
1.  The EIS is incomplete and the uneconmic mine plan requires revision.  Economics and Pebble Tapes
2.  The current mine plan requires resubmittal with a new permit application.
3.  Any revised mine plan is required to avoid EPA restricted filling areas.
4. EPA continues to have 404 oversight and permit application rejection.
5.  Under any scenario a permit cannot be issued.

The remand by the Division Engineer based on a couple ambiguous ROD reasons can be modified or removed while still rejecting the appeal.  Looks like this was the legal plan all along including EPA to veto during the appeal process.  Don't agree with it.

A real mining company proposing only a underground mine on a much smaller production scale, assuming economic, had a chance.

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