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Northern Dynasty Minerals: gaat het door of niet?
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Techmozz schreef op 6 september 2020 15:15 :
Hoe schat je het nu in zwarte ridder?
Fifty-fifty.
Omstreden mijnbouwproject in Alaska krijgt geen vergunning Vandaag om 06:26 door jvh | Bron: BELGA - Print - Corrigeer Omstreden mijnbouwproject in Alaska krijgt geen vergunning Het ingenieurskorps van het Amerikaanse leger heeft geweigerd een exploitatievergunning af te leveren voor Pebble Mine, een geplande goud- en kopermijn in Alaska. Dat betekent waarschijnlijk dat het project stopgezet wordt. Pebble Mine was omstreden omwille van de gevolgen voor het milieu. De plannen die Pebble Mine voorlegde om het afval van de mijn af te voeren, zijn volgens de lokale commandant van het ingenieurskorps niet te verzoenen met de Clean Water Act, een wet tegen waterverontreiniging. Het project gaat in tegen het algemeen belang, klinkt het. Zowel voor milieuverenigingen als voor de inheemse volkeren uit Alaska is de beslissing een grote overwinning. Er is al meer dan tien jaar verzet tegen het project nabij de Bristolbaai, een van de grootste gebieden ter wereld voor de zalmvisserij. De goede waterkwaliteit vormt er de ideale habitat voor de vissen. Het Amerikaanse milieuagentschap EPA probeerde al in 2014 het project tegen te houden. Maar de regering van afscheidnemend president Donald Trump gaf toch toestemming aan Pebble Limited Partnership, een dochter van het Canadese mijnbouwbedrijf Northern Dynasty Minerals, om een exploitatievergunning aan te vragen. Verkozen president Joe Biden had zich in augustus nog tegen het mijnbouwproject gekant. Hij volgt zo de lijn van de regering van oud-president Barack Obama. Ook binnen de omgeving van Trump waren er tegenstanders, onder meer zijn oudste zoon Donald Trump Junior. Die gaat graag vissen in de Bristolbaai. Pebble Limited Partnership reageert geschokt en verwijst daarbij naar een eerdere verklaring van het ingenieurskorps. Het bedrijf wil nu beroep aantekenen.
U.S. rejects permit for Alaska's Pebble mine, company vows appeal Stock Markets19 hours ago (Nov 25, 2020 06:10PM ET) By Jeff Lewis and Yereth Rosen TORONTO/ANCHORAGE (Reuters) - The U.S. Army Corps of Engineers on Wednesday issued its final decision denying a key water permit for the contentious Pebble Mine in Alaska, putting the project's future in doubt even as the company behind it plans to appeal the decision. 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. Republican President Donald Trump revived the project early in his term after the Obama administration had blocked it, but opposition from prominent politicians saying it would harm the state's billion dollar salmon industry prompted the about-face of the outgoing Trump administration. The Army Corps denied the Clean Water Act permit because the plan submitted by the Pebble Limited Partnership detailing how it would handle the project's waste in the ecologically sensitive area did not comply with Clean Water Act guidelines. Colonel Damon Delarosa, commander of the U.S. Army Corps of Engineers in Alaska, said in a statement the agency had concluded that the proposed project was "contrary to the public interest." The Pebble Mine Partnership said it was "dismayed" by the decision and its Canadian parent company, Northern Dynasty Minerals (NYSE:NAK), vowed to lodge an appeal within 60 days. If built, the mine would produce 70 million tons of gold, molybdenum and copper ore a year and create a pit 1,970 feet (600 meters) deep in Alaska's Bristol Bay watershed. Opponents said the project threatened a world-class sockeye salmon fishery, putting more than $1 billion of revenue and over 10,000 jobs at risk. The Trump administration had moved closer in July to approving the mine's permit, reversing a decision by Democratic then-President Barack Obama. But a prominent group of Republicans, including Trump's son Donald Trump Jr., have publicly voiced opposition, saying the mine would destroy areas of good fishing and hunting. Pebble Mine Partnership Chief Executive John Shively said in a statement the company worked closely with the Corps of Engineers to ensure the project included necessary safeguards and slammed the decision as political. "It is very disconcerting to see political influence in this process at the eleventh hour," he said. In August, the U.S. government had given developers 90 days to explain how they would offset damage to wetlands and popular fishing sites amid rising opposition to the project by prominent Republicans. West Virginia Senator Joe Manchin, the top Democrat on the Senate natural resources committee, praised the decision, saying he was not convinced the company could protect the surrounding fisheries. "I understand the important role mining plays in our economy, but the Final Environmental Impact Statement for the project did not come near close enough to assuring me this world-class sockeye salmon fishery, which generates $1.5 billion each year and supports 14,000 jobs, would be protected,” he said. The Natural Resources Defense Council (NRDC) also welcomed the announcement but warned that permit denial was not the last word. "A permit denial leaves the door open for future mining in Bristol Bay under more politically favorable circumstances," the group said in a statement. It added that President-elect Joe Biden opposes the project. The United Tribes of Bristol Bay, which represents 15 area tribal governments, and other mine opponents said they would seek permanent protections for the region. NRDC senior advocate Taryn Kiekow Heimer said the U.S. Environmental Protection Agency has authority under a rarely used section of the Clean Water Act to block development. President-elect Joe Biden said in August he opposes the mine and as president would "protect Bristol Bay." Transition team spokesman Jamal Brown said his position remains the same. Northern Dynasty said the Pebble project would provide a secure supply of strategic minerals, in line with the Biden campaign's goal to boost domestic production of metals used to make electric vehicles, solar panels and other products crucial to his climate plan. Shares of the Vancouver-based miner fell about 50% in trading after news of the permit denial.
Northern Dynasty (TSX:NDM; NYSE American: NAK) owns 100% of the Pebble Limited Partnership (Pebble Partnership), which is advancing the world-class Pebble Project in Alaska towards development. The Pebble Project is in federal permitting. The Pebble Project is the world’s largest undeveloped copper-gold-molybdenum-silver-rhenium resource. The company is focused on designing, permitting, building and operating a modern mine that enhances the economic and social well-being of Alaskans. Northern Dynasty is headquartered in Vancouver, British Columbia, and is publicly traded in Canada (TSX:NDM) and the United States (NYSE American:NAK). The Anchorage, Alaska-based Pebble Partnership manages the Pebble Project. For more information regarding the Pebble Partnership please visit www.pebblepartnership.com
by @accesswire on 26 Jul 2023, 18:25 Northern Dynasty: Alaska takes EPA to the Supreme Court over Veto VANCOUVER, BC / ACCESSWIRE / July 26, 2023 / Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) ("Northern Dynasty" or the "Company" or "NDM") announces that the State of Alaska filed today a motion in the United States Supreme Court. The Motion for Leave to File a Bill of Complaint forcefully argues that the U.S. Environmental Protection Agency ("EPA") veto of the Pebble Project breaches a contract (the Cook Inlet Land Exchange) involving Alaska and the United States and violates the federal statutory recognition and implementation of that land exchange. It also argues that the veto violates the Administrative Procedure Act because the veto is arbitrary and capricious. Finally, it argues that the veto-which withdraws 309 square miles in the Bristol Bay region from use for mining purposes-is an unconstitutional taking without just compensation. The Bill of Complaint seeks injunctive relief requiring EPA to withdraw its veto and seeks monetary damages for breach of contract and the unconstitutional taking without just compensation. "The Bill of Complaint filed by Alaska is a welcome development in the long Pebble saga," said Ron Thiessen, President and CEO of Northern Dynasty. "Northern Dynasty strongly, and I mean very strongly, supports all of the arguments set forth by the State and we congratulate the State for bringing these claims directly to the U.S. Supreme Court. Northern Dynasty intends to prepare and file with the Supreme Court appropriate briefs to support the State's case." Mr. Thiessen continued, "In the mid 1970's, a three-way land exchange was negotiated between the U.S. Government, the CIRI Native Alaskan Corporation ("CIRI") and the State of Alaska. The U.S. Government received land to create Lake Clark National Park. CIRI received land with valuable natural resources allowing it to become a profitable entity for its Alaska Native shareholders. The State of Alaska received land in the Bristol Bay region-where the Pebble Project is located-for the specific purpose of developing the mineral potential of that land. The EPA veto is the U.S. Government reneging on that deal. Both the U.S. Government and CIRI got the value they bargained for; if the EPA veto is not withdrawn, the U.S. Government has taken back the value the State of Alaska bargained for." The U.S. Constitution gives states the right to seek direct jurisdiction in the U.S. Supreme Court for complaints against the federal government. The Court has interpreted this clause in the Constitution as giving it discretionary jurisdiction and set out several tests that must be met before the Court will accept such a case. The papers filed by the State of Alaska clearly show that those tests are met and that the Court should grant jurisdiction to hear the case. The State of Alaska also contends that such jurisdiction is not discretionary and the Court must accept jurisdiction of this case. It is anticipated that the Court could decide as early as October whether to hear this case. "The litigation filed by Pebble in 2014 made many of the arguments the State makes in this Supreme Court filing," added Mr. Thiessen. "Unfortunately, the court never reached a ruling on the merits of that case; it was dismissed because the proposed EPA veto was not yet deemed final. We believed then, as we do now, that the facts and law relied upon by the State of Alaska make a powerfully persuasive case for forcing EPA to withdraw the Pebble veto now that it is deemed final. It is Northern Dynasty's intention to support the State in its claims before the Supreme Court and, if necessary, to file actions in the lower courts to raise these and other reasons why the EPA veto must be withdrawn." About Northern Dynasty Minerals Ltd. Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset, owned through its wholly owned Alaska-based U.S. subsidiary, Pebble Limited Partnership, is a 100% interest in a contiguous block of 1,840 mineral claims in Southwest Alaska, including the Pebble deposit, located 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Partnership is the proponent of the Pebble Project, an initiative to develop one of the world's most important mineral resources.
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