The mining newspaper for Alaska and Canada's North
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After waiting for nearly half a year on the U.S. Supreme Court's response to Alaska's petition to repeal the Environmental Protection Agency's veto of the Pebble project, Northern Dynasty Minerals Ltd. was disappointed to report the state was denied its request to take its case directly to the highest judicial body. At the beginning of 2023, the EPA issued a final determination regarding the waters surrounding the lands of the Pebble project, ultimately barring the project...
The Pebble Mine project advanced to the final step of the permitting process would produce 320 million pounds of copper; 363,000 ounces of gold; 15 million pounds of molybdenum; 1.8 million oz of silver; and 12,000 kilograms of rhenium annually over the first 20 years of mining, according to the results of a new preliminary economic assessment published by Northern Dynasty Minerals Ltd. on Sept. 9. In addition to the proposed 20-year-mine submitted for permitting, the PEA... Full story
Pebble Limited Partnership presses for withdrawal of preemptive veto As the Environmental Protection Agency closed public input on its 2022 proposed determination, Pebble Limited Partnership calls on the agency to withdraw its preemptive veto of the Pebble copper mine project, ultimately finalizing the permit process undertaken by the U.S. Army Corps of Engineers. About a year ago, the EPA made known its intention to reinitiate the process of making a Clean Water Act Section...
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 Environmental Protection Agency Sept. 9 announced its intention to reinitiate the process of making a Clean Water Act Section 404(c) determination to protect certain waters in the Bristol Bay region of Southwest Alaska. Providing such a determination is finalized, it would purportedly protect waters that are essential to commercial, subsistence, and recreational fisheries. Such stringent protections, however, would make advancing the nearby Pebble mine nearly impossible.... Full story