Northern Dyn Stock Price, News & Analysis

Northern Dynasty Minerals has published its audited financial statements, management discussion, and updated technical report for the Pebble Project as of December 31, 2020. The filing includes the company’s appeal of the US Army Corps of Engineers' Record of Decision regarding the project. Additionally, their financial statements highlight a going concern emphasis. The updated report does not change previous mineral resource estimates and underscores that permitting remains a critical factor for project viability.

Northern Dynasty Minerals Ltd. (NYSE American: NAK) has submitted a Request for Appeal challenging the US Army Corps of Engineers' (USACE) permitting decision regarding Alaska's Pebble Project. The company asserts that the USACE's economic impact analysis underestimates the project's benefits to local communities while overstating speculative harms. The appeal, accepted by USACE, is expected to take longer than the suggested 90 days due to the complexity of the issues. The Pebble Partnership believes the project will provide significant socioeconomic advantages, including job creation and increased government revenue.

Northern Dynasty Minerals Ltd. (NYSE American: NAK, TSX: NDM) announced that Ron Thiessen, President and CEO, will participate in the Q1 Virtual Investor Summit from March 23-25, 2021. Thiessen's presentation is scheduled for March 25 at 11:30 AM ET. This event connects smallcap and microcap companies with qualified investors, featuring 100 companies and over 300 investors. Northern Dynasty's primary asset is the Pebble Project in Alaska, a significant mineral resource initiative. For investor registration, visit www.investorsummitgroup.com.

Northern Dynasty Minerals Ltd. (NYSE American: NAK) announced that the US Army Corps of Engineers (USACE) has accepted the Pebble Limited Partnership's request to appeal a negative Record of Decision (ROD) regarding the Pebble Project in Alaska.

The Pebble Partnership submitted the appeal request on January 19, 2021, and USACE confirmed its completeness on February 24, 2021. The original ROD, issued in November 2020, denied a permit citing non-compliance with the Clean Water Act. Northern Dynasty contests these findings, claiming they lack legal support and contradict the project's Environmental Impact Statement.

Northern Dynasty Minerals Ltd. (NYSE: NAK) has submitted a Request for Appeal regarding the US Army Corps of Engineers' (USACE) decision deeming its proposed Pebble Project in Alaska would cause 'significant degradation' to local waters. The appeal argues that this finding is inconsistent with the Clean Water Act and lacks substantial support. The USACE has 30 days to assess the appeal's completeness, with a potential administrative process concluding within 90 days. The company asserts the decision could negatively impact future resource development in Alaska.

Northern Dynasty Minerals Ltd. (NAK) announced that the Pebble Limited Partnership and former CEO Tom Collier received subpoenas from the U.S. Attorney's Office for Alaska. This investigation is related to previously disclosed recordings about the Pebble Project. The Company asserts that there are no current charges against any individuals or entities. Northern Dynasty plans to cooperate with the investigation and will keep investors informed through regular updates. The Pebble Project aims to develop significant mineral resources in southwest Alaska, encompassing over 2,400 mineral claims.

Northern Dynasty Minerals Ltd. has filed a 'request for appeal' (RFA) against the US Army Corps of Engineers' negative Record of Decision regarding the Pebble Project in Alaska. The company believes the decision is legally unfounded and urges stakeholders to review the RFA, which highlights the importance of the project for Alaska's resource development. The appeal process is expected to conclude within 90 days, dependent on USACE's response. The Pebble Project aims to develop a significant mineral resource but faces regulatory hurdles despite previous environmental findings.

Northern Dynasty Minerals Ltd. has submitted a request for appeal to the US Army Corps of Engineers regarding a negative Record of Decision (ROD) on its Pebble Project. The ROD, issued on November 25, 2020, denied a key permit under the Clean Water Act, citing non-compliance with the compensatory mitigation plan. Despite the final Environmental Impact Statement, which reported minor ecological effects, the Pebble Partnership contests the findings of significant degradation and the ROD's conclusions, asserting they are legally unfounded. The appeal process should conclude within 90 days.

Northern Dynasty Minerals Ltd. (NAK) announced that the State of Alaska, led by Governor Mike Dunleavy, will appeal the US Army Corps of Engineers' (USACE) denial of a key permit for the Pebble Project. Governor Dunleavy criticized the USACE's November 25, 2020 decision as flawed and warned of its harmful implications for Alaska's resource development. The appeal aims to challenge the denial based on procedural and substantive grounds, asserting that mitigation requirements are unprecedented and inconsistent with state policy. Northern Dynasty expects the appeal to be filed within two weeks.