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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 Jan 05, 2025 1:11pm
96 Views
Post# 36388785

37 years later…

37 years later…

https://www.adn.com/commentary/article/bruce-switzer-pebble-project-has-run-its-course-theres-no-workable-mine-plan/2014/05/23/

After 37-years (~1987/1988 Cominco discovery) and >$1 billion spent no company has demonstrated economic mineral RESERVES per a Feasibility Study including NAK who submitted a mine plan to regulatory agencies. No real miner is interested, obviously.

Who would submit an uneconomic mine plan (no reserves) to initiate the NEPA /EIS process?

No change in laws, regulations, state or federal administrations, politicians and board members can make any resource economic.

+60 permits/authorizations required prior to Alaska legislature vote. Permits issued to date ZERO. That’s why no JV or buyout has or will occur even with high commodity prices and low share price.

NAK is a non-miner and has stated their intention to never be the mine operator.

No economic mineral RESERVES.

...nothing.
 

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