Brief: Northern Dynasty Says USACE Has Signaled Intent To Publish Final EIS On July 24 On Pebble Project

Northern Dynasty Minerals

21/07/2020 20:20

July 21 (Reuters) - Northern Dynasty Minerals Ltd  NDM.TO :
    * NORTHERN DYNASTY MINERALS LTD - ALASKA'S PEBBLE PROJECT
HAS
POTENTIAL TO BECOME ONE OF AMERICA'S LEADING METALS PRODUCERS
    * U.S. ARMY CORPS OF ENGINEERS (USACE), HAS SIGNALED ITS
INTENT TO
PUBLISH A FINAL EIS ON JULY 24 AND A ROD SHORTLY THEREAFTER
    * HAVE REASON TO BELIEVE PEBBLE WILL RECEIVE KEY FEDERAL
PERMITS
UNDER CLEAN WATER ACT AND RIVER & HARBORS ACT THIS SUMMER
    * STATE PERMITTING FOR PEBBLE IS EXPECTED TO TAKE 2 - 3
YEARS TO
COMPLETE, FOLLOWED BY A FOUR-YEAR CONSTRUCTION PHASE
    * DEPENDING ON PREVAILING MARKET PRICES, ABOUT 60% & 30%
ANNUAL
VALUE OF PRODUCTION AT PEBBLE WILL BE FROM COPPER, GOLD
RESPECTIVELY

Source text for Eikon:  urn:newsml:reuters.com:*:nNDL51W8cT
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