Northern Dynasty: Co's Pebble Mine files appeal, shares rise

Northern Dynasty Minerals

22/01/2021 11:31

** U.S.-listed shares of Canadian miner  NDM.TO   NAK.N  up
9.8% at $0.56 premarket
    ** Co announces late on Thursday its unit Pebble Limited
Partnership filed an appeal with U.S. Army Corps of Engineers
(USACE) over its decision to deny a key water permit for 
contentious Pebble Mine in Alaska  urn:newsml:reuters.com:*:nL4N2JX025
    ** USACE denied Clean Water Act permit in November as plan
submitted by co's unit on handling project's waste in
ecologically sensitive area did not comply with guidelines
    ** At the time of the permit's denial that the decision was
political and that the project had included necessary
safeguards, says CEO John Shively
    

 (Reporting by Lasya Priya M in Bengaluru)
 ((LasyaPriya.M@thomsonreuters.com;))