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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 harleyonvacatioon Sep 11, 2024 10:08am
88 Views
Post# 36218384

MINING Business will Win - Not Corrupt Politics

MINING Business will Win - Not Corrupt Politics

Alaska Court Grants Motion to Add USACE to Existing EPA Complaint

On June 10, 2024, Northern Dynasty and PLP filed a motion for leave to file an amended complaint with the Court to reverse the USACE decision to deny the project a permit.

"In this decision the Court accepted our argument that the veto, to a large extent, was based on the USACE permit denial and therefore the cases are related and should be heard together," said Ron Thiessen, President and CEO of Northern Dynasty.

Mr. Thiessen continued, "The intent of this litigation is to put the permitting process for Pebble back on track, after it was derailed by wrongful actions taken by both EPA and the USACE, for political purposes. The Court's decision allows us to expose the flawed and interrelated actions by both agencies in one complaint. Combining these cases is more efficient in terms of time and expense than trying them separately, and we are pleased the Court has agreed with our position. In addition, we believe that critical evidence and testimony in the Administrative Appeal process will demonstrate the erroneous and political nature of the permit denial and subsequent EPA veto."

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