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NDM pays fees that unlocked permit door

North of 60 Mining News – January 4, 2019

 

Last updated 9/25/2020 at 10:36am

Large copper gold mine project, Bristol Bay region Southwest Alaska

Pebble Limited Partnership

A 2017 settlement with EPA opened the door for the enormous Pebble copper-gold-molybdenum project in Southwest Alaska to enter the permitting process unencumbered by predetermined restrictions.

Northern Dynasty Minerals Ltd. Dec. 28 completed the second tranche of a C$8.4 million (US$6.3 million) financing that will primarily be used to pay a legal fee connected to the successful 2017 settlement of a suit the company brought against the U.S. Environmental Protection Agency.

The settlement, reached early in 2017, opened the door for the enormous Pebble copper-gold-molybdenum project in...



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