Loading ...Prospects brighten for Northern Dynasty Pebble mine on leaked draft study
A leaked draft of an environmental impact statement (EIS) on Northern Dynasty’s (TSX: NDM) proposed copper-gold mine in Alaska has brighten up its prospects, suggesting nearby terrestrial freshwater resources and downstream fisheries could co-exist with the project.
While the US Army Corps of Engineers’ document is not final, it could mean the government is closer to issuing a long-sought permit for the $100 billion copper-gold mine in the Bristol Bay, southwest Alaska.
Shares jumped up as much 9.4% to 70 cents on the news on Wednesday, to close at 69 cents, the highest value so far this year.
Prospects brighten for Northern Dynasty Pebble mine on leaked draft study