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Northern Dynasty Minerals Ltd.

https://www.northerndynastyminerals.com

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Northern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. Its principal mineral property is the Pebble Copper-Gold-Molybdenum-Silver-Rhenium project comprising 1,840 mineral claims that covers an area of approximately 274 square miles located in southwest Alaska, 17 miles from the villages of Iliamna and Newhalen, and approximately 200 miles southwest of the city of Anchorage. The company was formerly known as Northern Dynasty Explorations Ltd. and changed its name to Northern Dynasty Minerals Ltd. in October 1997. Northern Dynasty Minerals Ltd. was incorporated in 1983 and is headquartered in Vancouver, Canada.

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Northern Dynasty Minerals Ltd. (NYSE:NAK) has received the remaining $10 million royalty payment under the second tranche of its royalty agreement. This payment is part of a $12 million tranche, with the royalty investor receiving rights to gold and silver production from the Pebble Project.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 3:35 pm

HC Wainwright & Co. has reiterated its Buy rating on Northern Dynasty Minerals (AMEX:NAK) and maintained a price target of $0.8.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 10:12 am

Northern Dynasty Minerals Ltd. (NYSE:NAK) reports that two Alaska Native Village corporations, Iliamna Natives Limited and Alaska Peninsula Corporation, have filed a lawsuit against the EPA for vetoing the Pebble Project. The lawsuit claims the EPA exceeded its authority and ignored the potential economic benefits for local communities.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 11:08 am

The U.S. Army Corps of Engineers (USACE) has declined to engage in the permit remand process for Northern Dynasty, following a veto by the Environmental Protection Agency (EPA).

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 7:33 am

HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on Northern Dynasty Minerals (AMEX:NAK) but lowers the price target from $0.9 to $0.8.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 10:18 am

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Portfolio Pulse from Avi Kapoor

January 08, 2024 | 6:36 pm

The U.S. Supreme Court has declined to review Alaska's petition challenging the EPA's veto of the Pebble Project, a mining initiative by Northern Dynasty Minerals Ltd. The company's CEO expressed disappointment but noted that the decision does not reflect on the state's arguments. Northern Dynasty maintains that the EPA overstepped its authority and is considering further legal action to advance the project, emphasizing its potential benefits for Alaska and the U.S. in terms of jobs, economic growth, and critical mineral supply.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 6:17 pm

Northern Dynasty Minerals Ltd. faces another setback as the Alaska District of the US Army Corps of Engineers receives a sixth extension to review the company's Pebble Project. This delay could impact the timeline for the project's potential approval and development.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 6:21 am

Northern Dynasty Minerals Ltd. has received a $2 million advance under the second tranche of an amended royalty agreement for the Pebble Project. The amendment allows for increased payment flexibility and extends the expiration date of the agreement. The Royalty Holder has the option to fund the second $12 million tranche in six $2 million installments, receiving a portion of the payable gold and silver production per installment. The full $60 million agreement remains unchanged, aiming to enhance the company's financial liquidity and continue the Pebble Project's development.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 2:01 am

Northern Dynasty's (NAK) project faces another delay as the Alaska District of the US Army Corps of Engineers gets a fifth extension. This could potentially impact the timeline and costs of the project.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 6:29 am

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