"Opponents of responsible mineral development have mistakenly portrayed Anglo American�s departure from the Pebble Partnership as the end of the road for one of the world�s most important undeveloped copper and gold resources.
However, Anglo American has made it clear that its decision to withdraw was not based on the permitability of the Pebble Project, or any concern that Pebble would harm the Bristol Bay fishery. Anglo American�s decision was based solely on the outcome of its asset review process, and its stated desire to reduce spending on projects in pre-approval phases of development. Under the terms of the Pebble Limited Partnership Agreement, Anglo was required to continue with the level of project funding necessary to proceed with permitting for four or more years followed by timely project construction, or to withdraw.
Anglo American�s contributions of technical expertise and $600 million of investment have significantly advanced the Pebble Project. Now NDM once again owns 100% of Pebble, including advanced engineering and project design, one of the most extensive environmental databases ever assembled for a resource development project in America and likely the world, an experienced and respected permitting team, and a project that is nearly ready to enter permitting under the National Environmental Policy Act (NEPA)."...
To read the December 2013 Message from the President in its entirety please click on one of the links below or copy and paste it into your web browser:
Direct PDF file:
http://www.northerndynastyminerals.com/i/pdf/ndm/NDM_MessagefromPresident_Dec2013.pdf
Website download:
http://www.northerndynastyminerals.com/ndm/Message.asp
For further details on Northern Dynasty please visit the Company's website at www.northerndynastyminerals.com or contact Investor services at (604) 684-6365 or within North America at 1-800-667-2114
Best Regards,
Investor Services
HDI
15th Floor - 1040 West Georgia Street, Vancouver BC V6E 4H8
Toll Free 1-800-667-2114 | Main 1-604-684-6365
info@hdimining.com | www.hdimining.com
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HDI is associated with the following companies: Heatherdale Resources Ltd., Curis Resources Ltd., Northcliff Resources Ltd., Rathdowney Resources Ltd., Northern Dynasty Minerals Ltd., Amarc Resources Ltd., and Quartz Mountain Resources Ltd. Visit us at www.hdimining.com for more information.
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Northern Dynasty Minerals Ltd.
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DEVELOPMENT STAGE |
CODE : NDM.TO |
ISIN : CA66510M2040 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Northern Dynasty is a copper and gold development stage company based in Canada. Northern Dynasty develops copper, gold and molybdenum in USA, and holds various exploration projects in USA. Its main asset in development is PEBBLE in USA. Northern Dynasty is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 122.4 millions as of today (US$ 89.6 millions, € 83.7 millions). Its stock quote reached its highest recent level on June 30, 2011 at CA$ 9.99, and its lowest recent point on May 19, 2023 at CA$ 0.28. Northern Dynasty has 298 640 000 shares outstanding. |