Welcome to our dedicated page for Northern Dyn news (Ticker: NAK), a resource for investors and traders seeking the latest updates and insights on Northern Dyn stock.
Northern Dynasty Minerals Ltd. (NYSE American: NAK; TSX: NDM) is a mineral exploration and development company based in Vancouver, Canada, whose news flow centers on the Pebble Project in Southwest Alaska. Through its wholly owned Alaska-based U.S. subsidiary, Pebble Limited Partnership, the company holds a 100% interest in a contiguous block of 1,840 mineral claims that includes the Pebble deposit. News about Northern Dynasty often relates to this asset and to the regulatory, legal and financing developments surrounding it.
On this page, readers can follow company announcements about board and governance changes, such as the appointment of new directors and updates on the composition of the Audit and Risk Committee in relation to NYSE American corporate governance rules. Northern Dynasty has reported both a period of non-compliance and the subsequent rectification of that status through a new board appointment.
Another major theme in Northern Dynasty’s news is the legal and regulatory environment for the Pebble Project. The company and its Pebble Partnership subsidiary have issued releases about negotiations with the U.S. Environmental Protection Agency, motions and summary judgment filings in Alaska Federal Court and timetable updates for legal proceedings concerning an EPA veto that the company characterizes as illegal or unlawful. These updates provide context on how federal regulatory decisions may influence the project’s future.
Financing developments also feature prominently in Northern Dynasty’s news. The company has reported multiple tranches of payments under a royalty agreement related to the Pebble Project, culminating in a fifth and final US$12 million tranche that completes a US$60 million royalty investment program. These releases describe the associated royalty rights on future payable gold and silver production and the company’s view of the impact on its liquidity.
Investors and observers who follow NAK news can use this page to review ongoing disclosures about corporate governance, litigation and negotiations with U.S. agencies, royalty financing milestones and other updates that Northern Dynasty provides through its press releases and related SEC Form 6-K filings.
Northern Dynasty (NYSE American: NAK) appointed Stephen Meyer to its Board of Directors and named him Chair of the Board's Audit and Risk Committee, replacing Christian Milau, who resigned in September 2025.
Mr. Meyer is president and CEO of a private equity real estate firm with 30+ years of investment management experience and serves on the board of Quicken. With this appointment the company says it has remedied the NYSE American corporate governance non-compliance noted on December 5, 2025 and is once again in compliance with NYSE American rules.
Northern Dynasty (NYSE American: NAK) provided a board update after Christian Milau resigned in September 2025. The Nominating and Governance Committee has identified candidates and expects to recommend a new independent director before the end of January 2026. That director is also expected to become Chair of the Audit & Risk Committee.
On December 4, 2025 the company received a letter from NYSE American stating the Audit Committee is currently non-compliant with NYSE American rules. Northern Dynasty has a 180-day cure period from the letter date and says it expects that the planned appointment will restore compliance within that period.
Summary not available.
Summary not available.
Northern Dynasty (NYSE American: NAK) received the fifth and final tranche of a royalty investment: $12 million on October 20, 2025, bringing the aggregate purchase price to $60 million. The payment arrived before the Dec 31, 2025 deadline and triggers the maximum royalty rates under the agreement. The royalty holder now has rights to 10% of payable gold and 30% of payable silver from the Pebble Project. Management says the program improved liquidity, avoided equity dilution while keeping 100% of copper, molybdenum and rhenium production, and that permitting progress depends on withdrawing an illegal veto.
Northern Dynasty (NYSE American: NAK) states that on October 3, 2025 it filed a Summary Judgment Brief in Alaska Federal Court challenging the Environmental Protection Agency's veto of the Pebble project, and that the State of Alaska and local Alaska Native corporations filed briefs as well.
The PR says the brief argues the veto is illegal based on the FEIS, statutory protections for state lands, alleged speculative EPA findings, and recent Supreme Court wetlands guidance. The company says settlement talks continue and the government may respond by January 2, 2026.
Northern Dynasty Minerals (NYSE:NAK) has received the fourth tranche payment of $12 million from its royalty agreement, bringing the total investment to $48 million out of a possible $60 million. The royalty investor now has until December 31, 2025 to complete the fifth and final $12 million tranche.
The company's treasury position has strengthened with this payment, combined with several million dollars from stock options and warrants exercise, and their Q2 closing cash balance of CA$25.2 million ($18.5 million). The royalty agreement includes rights to 10% of payable gold production and 30% of payable silver production.
Northern Dynasty continues discussions with the government regarding the withdrawal of a veto while simultaneously pursuing legal action with other plaintiffs, with opening briefs due by October 3, 2025.
Northern Dynasty Minerals (NYSE:NAK) provided updates on two parallel tracks regarding the Pebble Mine project: negotiations for removal of the Obama/Biden-era veto and legal proceedings. The company reports ongoing active negotiations with government officials while pursuing legal action through summary judgment.
Judge Gleason has established a timeline for summary judgment briefings: plaintiffs' opening briefs due October 3, 2025, DOJ response by January 2, 2026, and plaintiffs' response by February 27, 2026. The case against the U.S. Army Corps of Engineers remains stayed. CEO Ron Thiessen expressed optimism about negotiations while maintaining the legal strategy to ensure efficient timeline management.
Northern Dynasty Minerals (NYSE:NAK) has filed a motion for summary judgment in Federal District Court in Alaska regarding the Biden administration's veto of the Pebble Project. The company aims to expedite the legal process after unsuccessful settlement discussions with the EPA.
CEO Ron Thiessen expressed confidence that the court will find the veto unlawful, emphasizing that the Pebble Project, as the world's largest undeveloped copper project, aligns with the administration's goals for U.S. critical metals self-sufficiency and AI leadership ambitions.
Northern Dynasty Minerals (NYSE:NAK) announced ongoing negotiations with the Environmental Protection Agency (EPA) regarding a potential settlement to reconsider the Pebble Mine veto. According to a July 3, 2025 EPA court filing, both parties are expected to reach an agreement within two weeks about additional information submissions, with a status report due on July 17, 2025.
CEO Ron Thiessen expressed optimism about the discussions, viewing them as the fastest path toward veto withdrawal. The company emphasizes that removing the veto would support U.S. domestic supply of critical metals like copper and rhenium, essential for electrification and military applications, while potentially generating long-term economic benefits for Alaska and the nation.