Northern Dynasty: Soars as U.S. Army Corps accepts Pebble mine appeal

Northern Dynasty Minerals

26/02/2021 11:40

** U.S.-listed shares of Canadian miner  NDM.TO   NAK.N 
jump ~32% to 92 cents premarket 
    ** Northern Dynasty says U.S. Army Corps of Engineers
(USACE) has accepted appeal over decision to deny key water
permit for NDM's contentious Pebble Mine in Alaska  urn:newsml:reuters.com:*:nACSzl9G6a
    ** USACE denied Clean Water Act permit in November because
plan submitted by Pebble Partnership detailing how it would
handle project's waste in the ecologically sensitive area did
not comply with guidelines  urn:newsml:reuters.com:*:nL4N2JX025 urn:newsml:reuters.com:*:nL4N2KB4O9
    ** The mine, one of the world's largest copper and gold
deposits, has been through a roller coaster of regulation over
the past 13 years
    ** Stock has more than doubled in value so far this year

 (Reporting by Arundhati Sarkar in Bengaluru)
 ((Arundhati.Sarkar@thomsonreuters.com;
twitter.com/Arundhati_05; +1 646 223 8780 Ext: 2776))