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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 Mar 06, 2024 12:48pm
52 Views
Post# 35918383

Water Treatment/Discharge in Perpetuity. Cost and Liability

Water Treatment/Discharge in Perpetuity. Cost and Liability

“The draft Environmental Impact Statement (EIS) for the proposed Pebble Mine estimates that it will generate an average of 6.8 billion gallons per year of waste water during operations and 11.8 billion gallons per year during closure, requiring capture and treatment. The waste water will contain metals and other pollution harmful to fish and public health.”

 

The DEIS water treatment estimates reflect the “small” uneconomic mine plan denied by the USACE. To demonstrate positive economics the entire resource may require mining. If correct, water treatment estimates would dramatically increase along with cost and liability.


No mining company is going to assume water treatment and discharge meeting aquatic standards in perpetuity. This project is a water balance nightmare.

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