Northern Dynasty Minerals Ltd.

Published : June 04th, 2013

(TSX: NDM; NYSE: NAK) calls EPA’s Bristol Bay Watershed Assessment process ‘biased and manipulative’

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Facebook | Georgia | K Street | Report | Water |

June 4, 2013, Vancouver, BC � Northern Dynasty Minerals Ltd. ("Northern Dynasty" or the "Company") (TSX: NDM; NYSE MKT: NAK) has filed a 205-page submission with the US Environmental Protection Agency (EPA) in response to its call for public comments on the revised draft Bristol Bay Watershed Assessment (BBWA), calling the draft report and process to complete it �biased, manipulative and contrary to EPA�s own guidelines.�

 

Northern Dynasty President & CEO Ronald Thiessen said the 2013 draft BBWA released in April suffers from the same major shortcomings as the original report published in May 2012 � in particular, that EPA continues to assess the environmental effects of a hypothetical mine of its own invention, one that does not employ modern engineering standards, environmental safeguards or project-specific mitigation measures and could not be permitted under US or Alaska law.

 

Although EPA�s �hypothetical mine� is sited  at the location of the Pebble deposit, BBWA authors continue to refuse to consider the most extensive scientific data set available on the region � environmental baseline data collected by the Pebble Limited Partnership (the �Pebble Partnership� or �PLP�) at a cost of some $150 million. The failure to fully consider PLP�s environmental data is contrary to EPA�s own guidelines for data quality, and is compounded by the fact that BBWA study authors have never set foot on the Pebble Project site.

 

 �The Bristol Bay Watershed Assessment process has truly become the theatre of the absurd,� Thiessen said. �Rather than waiting for the Pebble Partnership to submit a proposed development plan for consideration by federal and state regulatory agencies under the National Environmental Policy Act (NEPA), something that is expected to occur this year, EPA has invented its own hypothetical mine, it has continued to ignore modern mine engineering practices and regulatory requirements, it has shunned the best available scientific and environmental data at its disposal, and it has created a public and peer review process designed to minimize scientific scrutiny of its work.


�We believe the Bristol Bay Watershed Assessment process to be a cynical effort to manipulate public perception about a project before it has been proposed or undergone federal and state permitting. And we believe the draft BBWA to be a fundamentally biased report that should have no bearing on the future of America�s most important undeveloped mineral resource.�


Northern Dynasty�s letter to EPA Acting Administrator Bob Perciasepe states the federal agency has further failed to provide for an open, objective and transparent public and scientific review of the 2013 draft BBWA by unnecessarily restricting public comment opportunities on a 1,300+ page document and restricting public access to its Peer Review Panel, ignoring the agency�s own guidelines for scientific peer review.


�While unprecedented, Northern Dynasty said at the outset of the BBWA process that EPA�s study could have served a valuable purpose for project stakeholders and the people of southwest Alaska if it provided an objective, science-based assessment of the true risks and opportunities associated with modern mine development in the region prior to the onset of project permitting,� Thiessen said. �Unfortunately in its current form, the BBWA is not an objective, science-based assessment but a demonstrably flawed and biased document now being used to substantial effect by the anti-development community to manipulate public and political opinion about one of America�s greatest assets, the Pebble Project.�

 

Other materials submitted by Northern Dynasty to EPA include:

  • a summary report with numerous examples that demonstrate how BBWA study authors have distorted the potential effects of a mine designed and operated to modern engineering standards on the natural resources of Bristol Bay, relating to study methodology, steady state mine operations  and range of failure scenarios; 
  • a summary of independent peer review reports on seven studies prepared by environmental organizations and anti-Pebble activists, all of which figure prominently in the 2013 draft BBWA. Although commissioned by EPA, assumedly to bolster the scientific credibility of the activists� studies, the peer reviewers instead highlight significant problems with scientific methodology and highly questionable or wholly inadequate conclusions;
  • a summary of EPA�s failure in the 2013 BBWA report  to meaningfully address criticisms that the �hypothetical mine� evaluated in the original draft does not employ modern engineering standards, as outlined in a report from Geosyntec Consultants (2012 and 2013), and directed by Dr. Michael Kavanaugh, a registered professional engineer and member of the National Academy of Engineering with 39 years of experience in water quality and groundwater restoration; and
  • a report on well-established and time-proven fish habitat rehabilitation, mitigation and enhancement practices and opportunities, which demonstrates the extensive opportunities to enhance fish habitat productivity in the Pebble Project area as part of project development. This report clearly contradicts the BBWA�s unfounded conclusion that mitigation for potential fish habitat impacts associated with Pebble is not possible.

�The Pebble Project represents far too important a resource for the Bristol Bay region, the State of Alaska and the United States to have its fate decided by a biased and manipulative study,� Thiessen said, citing the 15,000 US jobs and $2.4 billion-plus annual GDP contribution forecast in a recent economic impact study of the Pebble Project. http://www.northerndynastyminerals.com/ndm/NEIStudy.asp 

 

�Given the national significance of the project and the significant shortcomings of the 2013 BBWA draft, we remain confident that future development of Pebble will ultimately be determined by federal and state regulators working within the objective NEPA permitting process to enforce the robust environmental protection standards of the United States and Alaska.�


To view Northern Dynasty's critique of the revised draft Bristol Bay Watershed Assessment report, visit the home page of our website at www.northerndynasty.com.

 

To view this news release in its entirety please click on the link below or copy and paste it into your web browser.
http://www.northerndynastyminerals.com/ndm/BristolBay.asp?ReportID=586793

 

If you have any questions do not hesitate to contact us as provided below.

 

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

 

Follow us on Twitter & Facebook

 

 

If you no longer wish to be on Northern Dynasty�s email distribution list, simply reply to this email with �� in the subject line.

 

To be removed from all of HDI�s email lists please reply to this email withRemove All in the subject line.

 

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. 


 



�Notice Regarding Transmission

This message is intended only for the person(s) to whom it is addressed and may contain information that is privileged and confidential. If you are not the intended recipient, you are hereby notified that any dissemination or copying of this communication is prohibited. Please notify us of the error in communication by telephone (604-684-6365) or by return e-mail and destroy all copies of this communication. Please note that any views or opinions presented in this email are solely those of the author and do not necessarily represent those of Hunter Dickinson Inc. or any affiliated or associated company. The recipient should check this email and any attachments for the presence of viruses. Neither Hunter Dickinson Inc. nor any affiliated or associated company accepts any liability for any damage caused by any virus transmitted by this email.. Thank you.�
Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All

Northern Dynasty Minerals Ltd.

DEVELOPMENT STAGE
CODE : NDM.TO
ISIN : CA66510M2040
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact 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$ 200.1 millions as of today (US$ 151.8 millions, € 135.9 millions).

Its stock quote reached its highest recent level on June 30, 2011 at CA$ 9.99, and its lowest recent point on January 22, 2016 at CA$ 0.28.

Northern Dynasty has 298 640 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of Northern Dynasty Minerals Ltd.
5/1/2019Environmental group alleges Northern Dynasty misled investor...
3/13/2019Northern Dynasty raises $10 million to further develop mine ...
5/31/2006New recommandation
Annual reports of Northern Dynasty Minerals Ltd.
2007 Annual Report
Nominations of Northern Dynasty Minerals Ltd.
2/21/2014announces resignation of director
2/4/2014(Pebble)(TSX: NDM; NYSE: NAK) announces Tom Collier as new Chief Exe...
9/4/2013(TSX: NDM; NYSE: NAK) Appoints Ken Pickering as New Director
3/5/2012(Pebble)(TSX: NDM; NYSE Amex: NAK): Pebble Partnership Appoints Réje...
11/26/2007 ANNOUNCES APPOINTMENT OF A NEW DIRECTOR
Project news of Northern Dynasty Minerals Ltd.
8/13/2014Hundreds attend hearing on Alaska mine proposal
7/18/2014EPA proposal could block huge Alaska mine
5/22/2014Canada miner asks U.S. court to stop EPA from barring Alaska...
5/6/2014Watchdog reviews EPA handling of Alaska mine study
5/6/2014Watchdog looking at EPA handling of mine study
5/30/2013(Pebble)(TSX: NDM; NYSE: NAK) Announces National Economic Impact Stu...
4/22/2013(Pebble)(TSX: NDM; NYSE: NAK) confirms $80 million work program to a...
2/25/2013(TSX: NDM; NYSE Amex: NAK): “Gold by the share” Via Grant’s...
10/11/2012(Pebble)(TSX: NDM; NYSE Amex: NAK): Pebble Project Drill Program Ach...
10/11/2012(Pebble)Pebble Project Drill Program Achieves Million Foot Milestone
5/15/2012(Pebble)CONFIRMS $107 MILLION WORK PROGRAM TO PREPARE PEBBLE PROJEC...
5/2/2011(Pebble)$91 million work program underway to prepare Pebble Project ...
2/23/2011(Pebble)Receives Positive Preliminary Assessment Technical Report fo...
2/25/2010(Pebble)Pebble Limited Partnership Initiates US $73 Million Work Pro...
2/1/2010(Pebble)Updated Mineral Resource Estimate Confirms the Pebble Projec...
11/5/2009(Pebble)Pebble Fund Provides Second Round of Grants to Bristol Bay ...
2/25/2008(Pebble)UPDATED RESOURCE ESTIMATE CONFIRMS PEBBLE EAST AS ONE OF THE...
2/19/2008(Pebble)SUMMARY OF 2007 PEBBLE EAST DRILL HOLE ASSAY RESULTS
2/20/2007 New resource estimate confirms Pebble east as one of the wo...
Corporate news of Northern Dynasty Minerals Ltd.
7/11/2016Northern Dynasty Minerals Ltd (NAK): Eric Sprott’s Sprott As...
7/5/2016Northern Dynasty Closes $2 Million Private Placement
6/20/2016Northern Dynasty Reports Annual General Meeting Results
6/10/2016Northern Dynasty Closes $17.1 Million Offerings
5/26/2016Northern Dynasty Announces Offerings of up to $15.0 Million
4/8/2016Northern Dynasty Sets Annual Meeting of Shareholders and Pro...
1/13/2016Pebble: EPA Inspector General's report whitewashes serious b...
12/24/2015Northern Dynasty Completes Acquisition of Mission Gold
12/24/2015Northern Dynasty Closes $5.2 Million Private Placement
12/23/2015Northern Dynasty Closes $5.2 Million Private Placement
11/2/2015Northern Dynasty signs definitive agreement with Mission Gol...
10/6/2015Former US Senator and Secretary of Defense William S. Cohen ...
9/10/2015Northern Dynasty Closes Second Tranche of Financing
8/31/2015Northern Dynasty Closes First Tranche of Financing for C$10....
4/17/2015Northern Dynasty Sets Annual Meeting of Shareholders and Pro...
2/25/2015Northern Dynasty Completes Prospectus to Clear Special Warra...
2/25/2015Northern Dynasty Completes Prospectus to Clear Special Warra...
2/9/2015Northern Dynasty files Preliminary Prospectus
2/9/2015Northern Dynasty files Preliminary Prospectus
1/13/2015Northern Dynasty Completes C$15.5 Million Financing
1/13/2015Northern Dynasty Completes C$15.5 Million Financing
12/29/2014Northern Dynasty to complete C$15.5 million financing
12/29/2014Northern Dynasty to complete C$15.5 million financing
11/25/2014US federal court grants 'Preliminary Injunction' to halt EPA...
11/25/2014(Pebble)US federal court grants 'Preliminary Injunction' to halt EPA...
9/27/2014Northern Dynasty: Court Defers Ruling on EPA Statutory Autho...
9/24/2014Northern Dynasty: EPA agrees to stay Section 404(c) regulato...
7/18/2014Northern Dynasty responds to EPA proposal for Alaska's Pebbl...
6/23/2014Northern Dynasty reports Annual General Meeting voting resul...
6/17/2014Foundation sells off shares in mining company
5/6/2014EPA Inspector General heeds calls for Bristol Bay Assessment...
4/7/2014Rio Tinto to give away Pebble Mine project shares
4/7/2014Rio Tinto grants Northern Dynasty shares to Alaska-based cha...
1/15/2014(TSX: NDM; NYSE: NAK) Acknowledges Completion of EPA’s Flawe...
12/16/2013(TSX: NDM; NYSE: NAK): A Message from the President - Decemb...
12/13/2013(Pebble)(TSX: NDM; NYSE: NAK) re-acquires 100% ownership of southwes...
11/28/2013(Pebble)(TSX: NDM; NYSE: NAK): “Pebble is alive and waiting for a n...
9/16/2013Recording of Today's Northern Dynasty Conference Call
6/4/2013(TSX: NDM; NYSE: NAK) calls EPA’s Bristol Bay Watershed Asse...
5/17/2013(TSX: NDM; NYSE: NAK) comments on National Marine Fisheries ...
4/26/2013(TSX: NDM; NYSE: NAK): revised Bristol Bay Watershed Assessm...
3/19/2013responds to Senator Maria Cantwell
3/11/2013(TSX: NDM; NYSE: NAK): A Message from the President - March ...
1/10/2013(TSX: NDM; NYSE: NAK): A Message from the President - Janua...
8/17/2012(TSX: NDM; NYSE Amex: NAK): Peer Review panel comments on dr...
8/7/2012retains senior US political and scientific representatives E...
7/30/2012(TSX: NDM; NYSE Amex: NAK) submits comments on draft Bristol...
6/28/2012(TSX: NDM; NYSE Amex: NAK) calls on EPA to substantially exp...
6/1/2012(TSX: NDM; NYSE Amex: NAK) Comments at Public Hearings on th...
5/22/2012comments on the EPA’s draft Bristol Bay Watershed Assessment...
5/29/2010To Present on June 2nd, 2010 at the NYSSA 10th Annual Metals...
4/8/2010A Message from the President (April 2010)
9/4/2008Alaska Voters Validate State's Regulatory Framework for Mini...
8/11/2008Announces Changes to the Board & Management Team
8/1/2007& ANGLO AMERICAN ESTABLISH 50:50 PARTNERSHIP
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TORONTO (NDM.TO)AMEX (NAK)
0.670+0.00%0.510+0.00%
TORONTO
CA$ 0.670
12/12 15:59 -
0%
Prev close Open
0.670 0.660
Low High
0.660 0.670
Year l/h YTD var.
0.580 -  1.40 -11.84%
52 week l/h 52 week var.
0.580 -  1.40 -17.28%
Volume 1 month var.
28,500 -12.42%
24hGold TrendPower© : 25
Produces
Develops Copper - Gold - Molybdenum
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 10/22/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2019-16.25%1.470.56
2018-64.29%2.320.55
2017-19.13%4.541.43
2016559.52%3.120.28
2015-20.75%0.830.37
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 8.25+0.61%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.72+0.74%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.10+3.33%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 1.08+1.89%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 1.35+2.27%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.01-33.33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 1.59-3.64%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 0.57+3.64%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 7.73+1.18%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.06+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.09+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.79-3.24%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 23.99+2.43%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :