The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
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In a move that could help it push the Pebble project across the permitting finish line, Northern Dynasty Minerals Ltd. has entered into an agreement with an unnamed investor for US$60 million over the next two years in exchange for royalties from the gold and silver that would be recovered as a byproduct of the copper produced if a mine is developed at the world-class deposit in Southwest Alaska. With an initial $12 million in good faith, this substantial investment could...
In a polarizing announcement, the Environmental Protection Agency released a revised Proposed Determination under Clean Water Act Section 404(c) to prohibit and restrict the use of certain waters in the Bristol Bay watershed. If finalized, the decision would lock out any future for a Pebble mine, and the enormous quantities of copper and other resources it could provide for the global transition to renewable energy. "This is clearly a giant step backwards for the Biden...
The July 24 release of a final Environmental Impact Statement that details a mine at Pebble capable of extracting copper, gold, and other valuable metals from a world-class deposit in Southwest Alaska without harming the Bristol Bay salmon fishery is a landmark achievement for Northern Dynasty Minerals Ltd., which has spent the better part of two decades advancing the project to this point. "We're ecstatic to reach this major milestone in the advancement of the Pebble Project...
Pebble Limited Partnership has taken another step toward gaining the permits needed to develop a mine at its large copper-gold-molybdenum project in Southwest Alaska. On Feb. 20, the U.S. Army Corps of Engineers – Alaska District announced that it has published the draft environmental impact statement for a proposed 20-year mine at this world-class deposit that could help fill the United States' increasing need for copper, a demand that is being driven by the expanding e...
When it comes to mineral exploration incentives, currency exchange and infrastructure, Alaska is at a disadvantage in the realm of attracting exploration investments from Canada and Australia, countries that are home to the majority of mining companies. The Far North State's vast and underexplored mineral potential, however, trumps these handicaps in the minds of a growing number of miners and mineral explorers. Mining executives from around the globe perennially rank Alaska...
The Pebble Limited Partnership has approved a budget of about US$107 million to advance the enormous Pebble copper-gold-molybdenum project in 2012, with the objective of readying to initiate permitting under the National Environmental Policy Act. Work programs for the coming months will include ongoing environmental studies focused on fish and marine resources; water quality and groundwater hydrology; continued engineering analysis to finalize a project description;...
The Pebble Limited Partnership has published a long-anticipated environmental baseline document for the enormous Pebble copper-gold-molybdenum project situated in the Bristol Bay region of Southwest Alaska. This marks a major milestone on the path to permitting, estimated to begin by mid-2013. "The release of the EBD comes after one of the most exhaustive environmental study programs in the history of U.S. mineral development," said Northern Dynasty Minerals Ltd. President...
