Business
Northern Dynasty Minerals: Pebble Partnership Consents to EPA's Request for 90-Day Abeyance for New Agency Leadership to Decide How to Proceed
VANCOUVER, BC / ACCESS Newswire / February 18, 2025 / Northern Dynasty Minerals Ltd. (TSX:NDM) (NYSE American:NAK) ("Northern Dynasty" or the "Company") and its
About this update from Northern Dynasty Minerals Ltd.
[{"type":"text","content":" VANCOUVER, BC / ACCESS Newswire / February 18, 2025 / Northern Dynasty Minerals Ltd. (TSX:NDM) (NYSE American:NAK) (\"Northern Dynasty\" or the \"Company\") and its 100%-owned U.S.-based subsidiary Pebble Limited Partnership (\"Pebble Partnership\" or \"PLP\") have informed the Court that they do not object to a motion from the Environmental Protection Agency (\"EPA\") and U.S. Army Corps of Engineers (\"USACE\", and collectively the \"defendants\") to hold the litigation in abeyance for 90 days. \"Given the timing of the recent confirmation of the Administrator of the EPA, the executive orders by President Trump and comments made by the new administration regarding the need for science and facts and domestic critical mineral production, we are not objecting to this request for abeyance by the defendants,\" said Ron Thiessen, Northern Dynasty President and CEO. \"The 90-day period will give the new administration time to familiarize themselves with the issues presented in this case and to decide how they wish to proceed. We believe the EPA acted inappropriately when they vetoed any mining activity on the world's largest undeveloped copper deposit, the Pebble Project.\" \"The U.S. is fortunate to have such a strategically important deposit like this on American soil, and we are eager to get back before the USACE and renew discussions regarding our permit,\" Mr. Thiessen continued. About Northern Dynasty Minerals Ltd. Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset, owned through its wholly owned Alaska-based U.S. subsidiary, Pebble Limited Partnership, is a 100% interest in a contiguous block of 1,840 mineral claims in Southwest Alaska, including the Pebble deposit, located 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the proponent of the Pebble Project. For further details on Northern Dynasty and the Pebble Project, 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. Public filings, which include forward looking information cautionary language and risk factor disclosure regarding the Company and the Pebble Project can be found in Canada at www.sedarplus.ca and in the United States at www.sec.gov. Ronald W...