- Northern Dynasty Minerals (TSX:NDM) has received updated timelines for comment on the future of its Alaskan mine
- Called the Pebble Mine, the copper, gold and molybdenum project is 322 kilometres from Anchorage and 201 km from Bristol Bay
- The U.S. Army Corps highlighted serious flaws it found in recent permitting decisions around the project and the district’s Pacific Ocean division had given the Alaska District 45 days to review the appeal decision and notify the parties how it plans to proceed in light of the Environmental Protection Agency’s final determination
- Northern Dynasty Minerals Ltd. last traded at $0.44 per share
Northern Dynasty Minerals (TSX:NDM) has received updated timelines for comment on the future of its Alaskan mine.
Called the Pebble Mine, the copper, gold and molybdenum project is 322 kilometres from Anchorage and 201 km from Bristol Bay. The company has been trying to develop the mine for almost two decades but has faced stiff opposition, even from three U.S. presidents.
The Alaska District of the U.S. Army Corps of Engineers was granted a fifth extension of the deadline to communicate the plan on how the district plans to move forward with its reconsideration of the administrative record after remand. The division commander approved the request for the 60-day extension and the revised deadline is now November 27, 2023.
The U.S. Army Corps highlighted serious flaws it found in recent permitting decisions around the project and the district’s Pacific Ocean division had given the Alaska District 45 days to review the appeal decision and notify the parties how it plans to proceed in light of the Environmental Protection Agency’s (EPA) final determination.
The U.S. government has asked the U.S. Supreme Court to extend the filing deadline for their brief, related to the State of Alaska’s action opposing the EPA’s final determination, until early November.
Northern Dynasty now anticipates that the Supreme Court will decide if it will hear the State of Alaska’s case by the end of the year.
Northern Dynasty Minerals Ltd. is a mineral exploration and development company and its principal asset, owned through its wholly owned Alaska-based U.S. subsidiary, is the Pebble Limited Partnership, a 100 per cent interest in a contiguous block of 1,840 mineral claims in Southwest Alaska.
Northern Dynasty Minerals Ltd. last traded at $0.44 per share.
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