Northern Dynasty Minerals Ltd. announces that it has filed its audited Financial Statements, Management Discussion and Analysis, Annual Information Form and Annual Report on Form 40F for the year ending December 31, 2023. The Company also advises that, consistent with previous years, its audited consolidated financial statements for the fiscal year ended December 31, 2023 included in the Company's Annual Report on Form [...]
Northern Dynasty Minerals Ltd. ; and 100%-owned U.S.- based subsidiary Pebble Limited Partnership have been advised by the US Army Corps of Engineers that, after months of successive delays, the USACE has declined to engage in the remand process related to the November 25, 2020 denial of a permit application for the Pebble Project, citing the U.S. Environmental Protection Agency's intervening veto of the development at [...]
Northern Dynasty Minerals Ltd. and 100%-owned U.S.-based subsidiary Pebble Limited Partnership note that on April 11, 2024 the State of Alaska filed an action in Federal District Court in Alaska, seeking to vacate the Environmental Protection Agency's veto of a development at Pebble. To read the State's announcement of its filing, see the following link: Press Release - State Files Against EPA in U.S. District Court [...]
Northern Dynasty Minerals Ltd. and 100%-owned U.S.-based subsidiary Pebble Limited Partnership is filing two separate actions in the federal courts challenging the federal government's actions to prevent the companies from building a mine at the Pebble Project. Action Seeks to overturn EPA's illegal veto One action, in Federal District Court in Alaska, seeks to vacate the Environmental Protection Agency's veto of a [...]
Northern Dynasty Minerals Ltd. provides additional commentary on the recent United States Supreme Court decision to not allow Alaska to bypass the typical court review process as it works to overturn the Environmental Protection Agency's illegal veto of the Pebble Project lands and comments on anticipated next steps. Decision is Purely Procedural It is important to note that this decision is purely procedural and does NOT [...]
Northern Dynasty Minerals Ltd. reports that the US Supreme Court has denied Alaska's petition to review its claims that the EPA veto of the Pebble Project was illegal. John Shively, CEO of its 100%-owned U.S.-based subsidiary Pebble Limited Partnership made the following statement regarding the decision: "While it is a disappointing decision, it is important to note that this is not a comment on the arguments put forward [...]
Northern Dynasty Minerals Ltd. announces, further to its December 11, 2023 release, it has closed the convertible notes and non-brokered private placement offerings. Per the terms of the Agreement Kopernik Global Investors, LLC on behalf of its clients, has purchased convertible notes having an aggregate principal amount of US$15,000,000 . The Company also issued and sold by non-brokered private placement of 8,555,000 [...]
Northern Dynasty Minerals Ltd. reports it has entered into a definitive agreement with an Investor for US$15,000,000 aggregate principal amount convertible notes of the Company and plans to complete a non-brokered private placement for aggregate proceeds of up to CAD$3,400,000. Per the terms of the Agreement, Kopernik Global Investors, LLC on behalf of its clients , will purchase convertible notes having an aggregate [...]
Northern Dynasty Minerals Ltd. ; reports that in a Crux Investor interview dated September 19, 2023, Northern Dynasty CEO Ron Thiessen discussed the level of engineering conducted over the past two decades on the Pebble Project and may have left the impression that the level of study is at a higher level than that currently defined by its September 18, 2023 Preliminary Economic Assessment Technical Report. These [...]
Northern Dynasty Minerals Ltd. ; reports it has received an initial $2 million royalty investment under the second tranche investment of the Company's royalty agreement dated July 26, 2022 . The Company and the royalty investor have also agreed to amend the terms of the Royalty Agreement in order to increase flexibility of payment installments and to extend the original July 25, 2024 expiration date. All currency figures [...]
Northern Dynasty Minerals Ltd. reports that its 100%-owned U.S.-based subsidiary Pebble Limited Partnership has been informed that the Alaska District of the U.S. Army Corps of Engineers was granted a fifth extension of the deadline to communicate the plan on how the District plans to move forward with its reconsideration of the administrative record after remand. The Division Commander approved the request for the 60-day [...]