Loading ...Northern Dynasty Minerals (TSX: NDM) appears to be back on track towards obtaining final permits for its proposed massive copper-gold mine in Alaska after the US Environmental Protection Agency (EPA) declined to subject the project to water pollution restrictions evaluations, which have effectively stalled the project since they were outlined in 2014.
The move reduces the likelihood of a potential confrontation with the Army Corps of Engineers over the company’s proposed Pebble copper-gold-silver mine, near Bristol Bay in southwest Alaska.
It also paves the way for a positive federal license decision this summer, which would allow Northern Dynasty’s subsidiary — Pebble Limited Partnership — to begin building the mine.
Pebble scored a big win last year after the EPA scrapped the proposed restrictions on mining operations in Bristol Bay, which prevented the project’s consideration.