Northern Dynasty raises funds to continue the Pebble Mine fight while it seeks new partner
SEAFOODNEWS.COM [Associated Press] - January 14, 2015 -
JUNEAU, Alaska, Northern Dynasty Minerals Ltd. has raised about $13 million from the sale of shares to help fund operations and an ongoing legal fight in support of the proposed Pebble Mine.
Northern Dynasty is the project's sole owner.
Operations were scaled back in 2013 after a subsidiary of Anglo American PLC withdrew. Sean Magee, a Northern Dynasty vice president, said he doesn't expect a ramp-up of field operations for the Pebble project. He said the project won't enter into permitting until Northern Dynasty has a new partner.
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