The Trump administration has taken a key step toward paving the way for a controversial gold, copper and molybdenum mine in Alaska’s Bristol Bay watershed, marking a sharp reversal from President Barack Obama’s opposition to the project.
EPA moves to roll back proposed restrictions on Alaska's Pebble Mine
Northern Dynasty Minerals: Shareholders Need A Dose Of Reality
Shares of Northern Dynasty Minerals (NYSEMKT:NAK) are currently extremely overvalued due to the regulatory, logistical and economic problems regarding their only mine. The next essential step for Northern Dynasty is to partner with a larger company in order to develop the Pebble mine and if you factor in all of the roadblocks the mine still faces, it is unlikely they will be able to find a partner company.
Opponents rally against copper prospect they fear could become another Pebble
Pebble rises with Pruitt and leashed EPA
Once Scott Pruitt was appointed as EPA administrator it was only a matter of time when the agency's lawsuit against the Pebble prospect would get dropped. So when the announcement came two weeks ago that the Trump EPA had settled with Northern Dynasty, I wasn't too surprised. Deeply dismayed, yes. How disappointing that the voice of science is silenced; how profoundly sad that this action in turn muffles the voice of Alaskan Natives, commercial fishermen and local environmentalist and business owners.