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Northern Dynasty receives Final Environmental Impact Statement (EIS) for Alaska's Pebble Project
VANCOUVER, BC / ACCESSWIRE / July 24, 2020 / Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE...
About this update from Northern Dynasty Minerals Ltd.
[{"type":"text","content":"Northern Dynasty receives Final Environmental Impact Statement (EIS) for Alaska’s Pebble ProjectVANCOUVER, BC / ACCESSWIRE / July 24, 2020 / Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) (\"Northern Dynasty\" or the \"Company\") reports the Final Environmental Impact Statement (\"EIS\") for its Pebble copper-gold-molybdenum project in southwest Alaska has been released by lead federal regulator, the US Army Corps of Engineers (\"USACE\").At more than 2,000 pages, the Final EIS is the culmination of a 2 ½-year long, intensive review process under the National Environmental Policy Act. While led by the USACE, the Pebble EIS also involved eight federal cooperating agencies (including the US Environmental Protection Agency and US Fish & Wildlife Service), three state cooperating agencies (including Alaska Department of Natural Resources and Alaska Department of Environmental Conservation), the Lake & Peninsula Borough (\"LPB\") and federally recognized tribes.Technical, permitting and legal experts for Northern Dynasty and its 100%-owned US-based subsidiary Pebble Limited Partnership (the \"Pebble Partnership\") have initiated a comprehensive review of the Final EIS.Based on the findings of the Draft EIS published in February 2019 and the preliminary Final EIS distributed for cooperating agency review in February 2020, as well as the Pebble Partnership's careful management and close scrutiny of the federal permitting process, Northern Dynasty believes the Final EIS describes a proposed open-pit mine and related project infrastructure that will protect water quality, fisheries, wildlife and other valued natural resources, and that can secure all necessary federal and state permits in future.Topline findings from the Final EIS Executive Summary (\"ES\") published today include:On subsistence fish and wildlife resources: \"Overall, impacts to fish and wildlife would not be expected to impact harvest levels. Resources would continue to be available because no population-level decrease in resources would be anticipated.\" (ES 51)On commercial fishing: \"There would be no measurable change in the number of returning salmon and the historical relationship between ex-vessel values and wholesale values. In addition, there would be no changes to wholesale values or processor operations expected…. Under...