The Pebble project’s area has one of the world’s largest copper and gold deposits. (Image: Northern Dynasty Minerals)
Could this be the year that Northern Dynasty Minerals’ (TSX: NDM, NYSE: NAK) controversial Pebble polymetallic project in southwest Alaska finally makes strides?
Northern Dynasty – together with the state of Alaska and six Native villages – is awaiting news on its legal bid to overturn a 2023 United States Environmental Protection Agency veto against Pebble. A decision in the matter is expected in 2025, and CEO Ron Thiessen is optimistic that the mine could open by the end of 2032 if the courts rule favourably.
At stake is a multi-billion-dollar investment to develop what is considered the world’s largest untapped copper deposit. Besides significant amounts of gold, molybdenum, and silver, Pebble also contains a substantial rhenium resource, a mineral critical for military…
