Northern Dynasty Shares Fall 20% ; Partner Pressured

It’s hard to believe things could get much worse for the owners of the Pebble Mine after Scott Pruitt’s EPA backtracked and said their proposed mine is indeed a threat to the environment.

They did.

Shares of mine developer Northern Dynasty Minerals Ltd fell more than 20 percent on Monday, the first trading day after a U.S. regulator’s surprise move to keep restrictions on the company’s big copper and gold mine project in Alaska.

LINK (via: Reuters)

The California State Treasurer—in a move to protect its assets—today requested that Canadian mining company First Quantum Minerals “sever any connections—financial or otherwise” with the Pebble Mine.

LINK (via: NRDC)

 

 

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