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. has released a Technical Report on Alaska's Pebble Project, revealing it as the world's largest source of Rhenium. The updated resource estimate shows the Pebble deposit contains 2.6 million kg of Rhenium along with substantial quantities of copper, gold, molybdenum, and silver. Rhenium is crucial for US military and industrial applications, leading to a significant reliance on imports. The project aims to strengthen domestic supply, potentially reducing US import dependence.
Northern Dynasty Minerals Ltd. announced the resignation of Tom Collier, CEO of its subsidiary Pebble Limited Partnership, following controversial comments made about Alaska's elected officials, which were secretly recorded by an environmental group. The company has appointed John Shively, a respected Alaskan leader, as interim CEO during the leadership transition. Northern Dynasty expressed unreserved apologies to Alaskans for the offensive remarks and emphasized its commitment to advancing the Pebble Project through the regulatory process while adhering to high environmental standards.
Northern Dynasty Minerals Ltd. (NYSE American: NAK) will provide updates on its Pebble Project during two upcoming online presentations. The first presentation is on September 15, led by CEO Ron Thiessen, at H.C. Wainwright & Co.’s Global Investment Conference. The second presentation, on September 21, features Tom Collier discussing the Pebble Project at the Gold Forum Americas 2020. The company anticipates receiving a final Record of Decision for the Pebble Project this fall, which aims to coexist with local wildlife while contributing to the economy.
Northern Dynasty Minerals Ltd. (NYSE American: NAK) has responded to a report by short seller J Capital Research, labeling it as misleading and self-serving. The report criticizes the company's Pebble Project in Alaska, claiming it may not be economically viable. CEO Ron Thiessen defended the company, citing previous dismissals of similar accusations and asserting that the project will benefit stakeholders. He highlighted concerns over market manipulation affecting shareholder value, estimated at $500 million, while emphasizing the commitment to secure necessary permits for the Pebble Project's advancement.
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.
