More time to consider Pebble option

North of 60 Mining News – April 6, 2018

 

Last updated 9/24/2020 at 7:21pm

Army Corps of Engineers Pebble Mine permitting Bristol Bay Southwest Alaska

Shane Lasley

Looking over Pebble, a world-class deposit with roughly 56.9 billion pounds copper, 70.6 million ounces gold, 3.4 billion lb molybdenum and 344.6 million oz silver in measured and indicated resource.

Northern Dynasty Minerals Ltd. April 5 reported that the deadline of the framework agreement for First Quantum Minerals Ltd. to join the Pebble Partnership has been extended from April 6 to April 30.

The framework agreement entered into last December provides First Quantum with the option to earn a 50 percent interest in the Pebble Partnership for US$1.5 billion, which includes a US$150 million...



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