...on Tuesday, the Environmental Protection Agency announced that it was accepting comments on its proposal to rescind a ban on mining in Alaska’s Pebble Mine.
As commercial fishermen in Bristol Bay were busy landing salmon, the Trump administration on Tuesday moved to cancel the Environmental Protection Agency's 2014 action that would have blocked development at the Pebble gold and copper prospect in Southwest Alaska.
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.
The Environmental Protection Agency (EPA) took a step Tuesday toward rolling back the Obama administration’s proposed restrictions on a massive planned gold mine in Alaska.
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.