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 (NAK) is a mineral exploration company advancing the Pebble Project, one of the world's largest undeveloped copper-gold deposits in Alaska. This news hub provides investors with essential updates on permitting progress, legal developments, and operational milestones critical to understanding the project's trajectory.
Access timely press releases and analysis covering NAK's regulatory engagements with federal agencies, environmental assessments, and strategic partnerships. Our curated collection helps stakeholders monitor:
- Permit application statuses and litigation updates
- Resource estimation reports and technical studies
- Corporate announcements impacting project viability
- Regulatory compliance developments
Bookmark this page for structured access to NAK's evolving narrative in mineral resource development, particularly its efforts to navigate complex environmental regulations while advancing this strategically significant deposit.
Northern Dynasty Minerals Ltd. announces the appointment of Mike Westerlund as the new Vice President of Investor Relations. Westerlund brings over 20 years of experience from the North American mining sector, including his recent tenure at Hecla Mining Company. This leadership change coincides with critical developments in the Pebble Project, as the company expects to secure key federal permits soon, potentially attracting new investors. The project is positioned to become a significant copper, gold, and molybdenum producer if all necessary approvals are obtained.
Northern Dynasty Minerals Ltd. (NAK) reported on August 28, 2020, that the U.S. Army Corps of Engineers (USACE) confirmed its position regarding the Pebble Project. Senior USACE official Ryan Fisher emphasized that the Alaska District's letter serves as the guiding policy for the project, countering misleading media narratives. The Pebble Partnership is actively finalizing a wetlands mitigation plan and has clarified that discussions with USACE have been ongoing. The company remains optimistic about achieving a positive Record of Decision as studies indicate no harm to the Bristol Bay fishery.
Northern Dynasty Minerals Ltd. reports a confirmation from a senior USACE official that the policy position regarding the Pebble Project is outlined in a letter dated August 20, 2020. This clarification counters recent misreporting that suggested the project was halted. The company emphasizes that there is a path forward for the Pebble Project, which is continuing its mitigation plan discussions with the USACE. The Pebble team has been conducting wetlands survey work and expects to finalize the plan in the coming weeks, highlighting confidence in the project's future despite media speculation.
Northern Dynasty Minerals Ltd. (NYSE American: NAK) announced that its subsidiary, Pebble Limited Partnership, received a letter from the U.S. Army Corps of Engineers regarding wetlands mitigation for the Pebble Project. The letter is characterized as a routine part of the permitting process and does not request additional mitigation or delay. The Pebble Partnership is developing a mitigation plan to address approximately 3,000 acres of impacted wetlands and 100 miles of streams. The company expects to submit its Comprehensive Management Plan to the USACE shortly, indicating confidence in meeting all requirements.
Northern Dynasty Minerals Ltd. announced an advertising and outreach campaign through its subsidiary, Pebble Limited Partnership, targeting the Trump Administration and Republican delegates during the Republican National Convention.
The campaign aims to emphasize the importance of unbiased regulatory permitting for the Pebble Project, which has undergone extensive federal study. CEO Tom Collier stated that rejecting the Pebble Project would revert to politicized reviews. The campaign includes television ads and grassroots efforts to rally Republican support for the project's development.
Northern Dynasty Minerals Ltd. (NAK) released a statement refuting claims by Politico regarding potential blockage of the Pebble Project by the Trump Administration. The company asserts that the project is proceeding normally, following anticipated publication by the U.S. Army Corps of Engineers (USACE) on wetlands mitigation. Northern Dynasty emphasized that the administration supports a non-political approach to permitting. The USACE's Environmental Impact Statement noted substantial economic benefits and feasibility without harming local fisheries.
Northern Dynasty Minerals Ltd. (NYSE American: NAK) announced that the Alaska Republican Party has passed a resolution supporting the development of the Pebble Mine. The resolution highlights potential economic benefits, including $21 million in annual revenue for the Lake and Peninsula Borough and $1 billion for the State of Alaska, along with 1,750 jobs. The Pebble project is also noted for undergoing extensive environmental studies and significantly reducing its size. The party urges swift approval from Alaska’s leaders and the U.S. Army Corps of Engineers.
Northern Dynasty Minerals Ltd. (NAK) President & CEO Ron Thiessen addressed concerns raised by Bass Pro Shops founder Johnny Morris regarding the Pebble Project.
Thiessen emphasized that the Pebble mine, located over 200 river miles from the Bristol Bay fishery, will not harm fish populations and has undergone extensive environmental studies. He asserted that the project will coexist with the existing fishing economy and provide stable, well-paid jobs for local communities.
The company has invested nearly $1 billion to advance the Pebble Project through federal permitting and is committed to responsible resource development.
Northern Dynasty Minerals CEO Ron Thiessen addressed concerns following comments made by Johnny Morris, founder of Bass Pro Shops, regarding the Pebble Project. Thiessen stated that the Pebble Project, backed by nearly US$1 billion in investment, will not harm Bristol Bay fisheries and will coexist with local fishing economies. The project aims to produce essential minerals while generating stable, year-round jobs for local communities. He emphasized that the Pebble Project has received a positive Environmental Impact Statement, countering claims suggesting it threatens local resources.
Northern Dynasty Minerals Ltd. (NYSE American: NAK) announced that its subsidiary, Pebble Limited Partnership, has requested an Inspector General review of the U.S. Army Corps of Engineers' (USACE) management of the Pebble Project Environmental Impact Statement (EIS). This aligns with a similar request from the U.S. Congress House Committee on Oversight and Reform. Pebble leadership, including President & CEO Tom Collier, expressed confidence that the USACE's work is legitimate and that the review will dispel allegations of political interference. The Pebble Project is positioned to be a significant source of copper and strategic metals.
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