NEW YORK, NY / ACCESSWIRE / May 10, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies, is issuing a comprehensive report with no obligation on Northern Dynasty Minerals Ltd (NYSE MKT: NAK).
The company owns 100% of the Pebble Project in southwest Alaska, USA, an advanced-stage initiative to develop mineral resources containing over 100 million ounces of gold and some 82 billion pounds of copper and 514 million ounces of silver amongst others. Over the last few years, Northern Dynasty has been trying to begin the permitting process for its "Pebble" project after being stopped by the Environmental Protection Agency ("EPA") veto in 2014. The Environmental Protection Agency ("EPA") exercised its veto in 2014, to impose restrictions on Pebble, blocking it from applying for a permit, citing "potentially destructive impacts" to the world's largest sockeye salmon fishery.
The company recently announced that Pebble and the EPA have filed a Joint Motion in federal court to extend a stay of proceedings in the parties' longstanding legal dispute over the federal agency's pre-emptive regulatory action under Section 404(c) of the Clean Water Act, to May 11, 2017.
Read our report for EPA case details, financial review, and potential outcomes for NAK: READ MORE.
Copy and paste to your browser may be required to view the report - http://tradersnewssource.com/northern-dynasty/.
NAK shares have gotten substantial attention over the past few months, in anticipation of positive impact on Pebble due to the Trump Presidency and expectations of successful permission of the project. In fact, NAK's successful capital raise and Trump's inauguration have significantly supported company's profile.
As per management, a great deal of common ground has already been established between the parties, including the importance of upholding the rule of law when it comes to administering statutorily mandated processes under the Clean Water Act, the National Environmental Policy Act, and other federal statutes. On that basis, the company anticipates achieving a resolution to these matters this week.
Read a full report on NAK and where current events could take them: READ MORE.
Copy and paste to your browser may be required to view the report - http://tradersnewssource.com/northern-dynasty/.
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SOURCE: Traders News Source