on Northern Dynasty Minerals Ltd. (NASDAQ:NAK)
Northern Dynasty Agrees to Further Litigation Abeyance
Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) and its subsidiary Pebble Limited Partnership have consented to an additional 30-day abeyance in their litigation with the U.S. Environmental Protection Agency (EPA) and the U.S. Army Corps of Engineers. This follows an initial 90-day abeyance agreed upon in February 2025, allowing the new U.S. administration time to review the case before proceeding.
This decision comes as the position of Assistant Attorney General for the Environment and Natural Resources remains unfilled. This role is crucial in negotiations between project proponents and regulators, as noted by Ron Thiessen, President and CEO of Northern Dynasty. The company's principal asset is the Pebble project in Alaska, which faces regulatory challenges.
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