Tag Archives: Alaska Department of Natural Resources

Not Good. Alaska approves key permit for Pebble copper-gold mine, with conditions

Shares in Canadian miner Northern Dynasty Minerals (TSX:NDM) were soaring Wednesday morning following Alaska’s Department of Natural Resources (DNR) approval of a long-awaited land-use permit that clears the way for the company’s vast, but stalled Pebble copper-gold-silver project. The permit, issued late Tuesday, allows Northern Dynasty’s subsidiary — Pebble Limited Partnership — to conduct reclamation and monitoring activities at hundreds of boreholes for the next 12 months. The company, which applied for such permit in October last year, was hoping to get it until 2018. The land use permit comes after months of reviewing the application and over 1,000 public comments, the authority said. grrrrrr. click here to read the story 10:24