Category: General Post - Page 2

27

March 2024

Northern Dynasty Minerals and State of Alaska sue over federal protections at Pebble deposit site

In March 2024, both Northern Dynasty Minerals (NDM, owner of Pebble Limited Partnership) and the State of Alaska brought lawsuits against the federal government related to its 2023 decision to establish prohibitions/restrictions on certain mining activity near the Pebble mine deposit. Overturning EPA’s Final Determination NDM’s priority case, filed in Federal District Court in Alaska, … Continued

27

March 2024

EPA began 404(c) process to protect Bristol Bay aquatic resources ten years ago

General Post

Ten years ago, the U.S. Environmental Protection Agency announced its intent to initiate a process under the Clean Water Act Section 404(c) to restrict discharge of dredged or fill material associated with mining activity at the Pebble deposit. The 404(c) process gives the EPA “veto authority” on projects that are considered to have unacceptable adverse … Continued

24

January 2024

Supreme Court won’t fast-track Pebble question

General Post

State of Alaska and Northern Dynasty Minerals to fight EPA in federal district court On January 8, the Supreme Court indicated that it wouldn’t hear the State of Alaska’s bill of complaint challenging the Environmental Protection Agency’s exercise of its Clean Water Act, Section 404(c) authority related to the Pebble project. The state’s request had … Continued

24

January 2024

Convertible Notes and Private Placement fund Northern Dynasty Minerals efforts for now

General Post

As Pebble Watch reported in November, Northern Dynasty Minerals (NDM) – the sole owner of the Pebble Limited Partnership – is in continuous search for investors to help it advance the Pebble project. Several financing methods have been employed in the years since major partner Anglo American pulled out of the project. In December 2023 … Continued

1

December 2023

U.S. Army Corps in holding pattern on Pebble

General Post

Agency to wait for Supreme Court action on State of Alaska complaint The U.S. Army Corps of Engineers (Corps) Alaska District obtained another extension on its deadline to develop a plan for how it will review portions of its denial of a key Clean Water Act 404 permit. After that November 2020 denial, the Pebble … Continued

1

December 2023

Northern Dynasty Minerals continues to face financial challenges

General Post

It’s been ten years since Anglo American withdrew from its 50/50 partnership in the Pebble project. Rio Tinto divested its 19% stake shortly thereafter. Since then, Northern Dynasty Minerals (NDM) has pursued a series of bought deals and private placements to raise cash to keep the project going. But money is tight and expenses continue … Continued

6

October 2023

Army Corps again pushes back date for determining how it will respond to Pebble appeal review

General Post

In April 2024 the Alaska District of the U.S. Army Corps of Engineers (Corps) was given a unique task: look over portions of its November 2020 denial of a Clean Water Act 404 permit that effectively stopped development of the Pebble prospect in Bristol Bay. Pebble developers had appealed that decision to the Pacific Ocean … Continued

24

July 2023

Next steps in the Pebble Army Corps appeal

General Post

It’s been nearly three months since the Pacific Ocean Division (POD) of the U.S. Army Corps of Engineers told the Alaska District it would have to revisit portions of its November 2020 decision to deny Pebble mine developers a key Clean Water Act 404 permit. Pebble developers had appealed the Alaska District’s decision in January … Continued

22

June 2023

Pebble Watch News Roundup: June 2023

General Post

News Roundup

Financial Northern Dynasty’s financial situation has been questionable since major investors pulled out of its singular Pebble project years ago. It did sign on an unnamed private investor last summer, which invested $12 million and could invest up to $60 million for a share of silver and gold that could be produced at the deposit. … Continued

21

April 2023

Connect with agencies on federal and state permitting issues

General Post

There are two opportunities for the public to learn more or give input on permitting that affects development projects in Alaska. Public testimony opportunity: Senate Finance Committee The State of Alaska has been looking into the benefits of taking over Clean Water Act Section 404 permitting from the federal government. Governor Dunleavy has requested funding … Continued