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Northern Dynasty Minerals ( (TSE:NDM) ) just unveiled an update.
Northern Dynasty Minerals Ltd. announced that it has agreed to a 90-day abeyance requested by the EPA and U.S. Army Corps of Engineers concerning litigation over the Pebble Project. This pause allows new agency leadership time to review the project’s challenges, especially after previous administration vetoes on mining activities. The company views this as an opportunity to renew discussions on permitting with hopes of advancing the Pebble Project, which they consider a strategically significant resource for the U.S.
More about Northern Dynasty Minerals
Northern Dynasty Minerals Ltd. is a mineral exploration and development company based in Vancouver, Canada. It operates primarily through its wholly owned U.S. subsidiary, Pebble Limited Partnership, which holds a 100% interest in a large block of mineral claims in Southwest Alaska, including the Pebble deposit, known for being the largest undeveloped copper deposit in the world.
YTD Price Performance: 1.47%
Average Trading Volume: 3,492,706
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $371.1M
See more data about NDM stock on TipRanks’ Stock Analysis page.
