Northern Dynasty Minerals Ltd. reports that its 100%-owned US-based subsidiary Pebble Limited Partnership has signed a Memorandum of Understanding to develop a consortium of Alaska Native village corporations as a major transportation contractor for the proposed copper-gold-molybdenum mine. The MOU signed this week with Alaska Peninsula Corporation positions APC to lead the development of a consortium of Alaska Native [...]
Northern Dynasty Minerals Ltd. reports that its 100%-owned US-based subsidiary Pebble Limited Partnership has announced a Request for Proposal process to advance planning for its plans to share power with interested communities in the Bristol Bay region of Alaska. The Pebble Project's design includes the potential energy needs for the region. Pebble estimates 270 MW of power would be produced from a power plant at site [...]
‘Pebble Performance Dividend' to distribute 3% Net Profits Royalty Interest in future Pebble mine Northern Dynasty Minerals Ltd. reports that its 100%-owned US-based subsidiary Pebble Limited Partnership has announced a local revenue sharing program to ensure full-time residents of communities in southwest Alaska benefit directly from the future operation of the proposed Pebble mine. The Pebble Partnership has established [...]
Decision is positive news for southwest Alaska's Pebble Project Northern Dynasty Minerals Ltd. reports that the Company's 100%-owned, US-based subsidiary Pebble Limited Partnership issued the following statement on May 28, 2020. A letter issued today by the U.S. Environmental Protection Agency confirming the Environmental Impact Statement process for the proposed Pebble mine currently being led by the US Army Corps of [...]
Lead federal regulator US Army Corps of Engineers announces preferred development alternative Northern Dynasty Minerals Ltd. reports the US Army Corps of Engineers , the lead federal regulator for the Environmental Impact Statement permitting process for the Pebble Project, has announced a preferred development alternative for the proposed copper-gold-molybdenum-silver mine in southwest Alaska. During a media availability [...]
Northern Dynasty Minerals Ltd. reports that, though fewer than 400 cases of COVID-19 have been diagnosed in Alaska, placing it among the lowest states in the country on an absolute and per capita basis, the economic impact of the global pandemic on the largest US state are both severe and ongoing. As a result of COVID-19 and an unprecedented worldwide collapse of oil prices, almost 20% of Alaska's workforce - some 62,000 [...]
Northern Dynasty Minerals Ltd. announces, further to its April 29, 2020 News Release, that it has completed the private placement of 10,357,143 common shares of the Company at a price of C$0.70 per share for gross proceeds of approximately C$7.25 million. The issued shares are subject to applicable resale restrictions, including a four-month hold under Canadian securities legislation. Combined aggregate proceeds from the [...]
Northern Dynasty Minerals Ltd. announces that the Company has closed its previously announced underwritten public offering of common shares of the Company , including exercise in full of the over-allotment option . A total of 14,375,000 Common Shares were sold at a price of C$0.70 per Common Share for gross proceeds of approximately C$10.1 million. The Offering was completed pursuant to an underwriting agreement dated [...]
Northern Dynasty Minerals Ltd. is pleased to announce that further to its previously announced over-night marketed public offering of common shares of the Company , it has entered into an underwriting agreement with a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation , as sole bookrunner, and including BMO Nesbitt Burns Inc., H.C. Wainwright & Co., LLC and TD Securities Inc. to sell 12,500,000 Offered [...]
Northern Dynasty Minerals Ltd. announces that the Company is undertaking an overnight marketed public offering of common shares of the Company for minimum gross proceeds of CDN$6.0 million . The Offering is expected to be completed pursuant to an underwriting agreement to be entered into between the Company and Cantor Fitzgerald Canada Corporation , as lead underwriter and sole bookrunner, and a syndicate of underwriters [...]
Northern Dynasty Minerals Ltd. reports that, on Friday April 17, a US federal district court judge in Alaska granted the US Environmental Protection Agency's ‘Motion to Dismiss' a case brought by a collection of anti-Pebble activist groups. The litigation challenged EPA's July 2019 decision to formally withdraw its prior regulatory action under Section 404 of the Clean Water Act , which sought to pre-emptively veto the [...]
Northern Dynasty Minerals Ltd. ; announces that it has elected to defer its 2020 Annual General Meeting of Shareholders normally held in mid-June due to COVID-19 concerns, and plans to hold it later in the year. The Company also advises that consistent with previous years its audited consolidated financial statements for the fiscal year ended December 31, 2019, included in the Company's Annual Report on Form 40-F [...]
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