Northern Dynasty Minerals

The Education Foundation of the Bristol Bay Native Corporation has sold its donated stock in the company that’s seeking to develop the proposed Pebble Mine. Back in early April the major mining company Rio Tinto divested itself of its 19-percent interest in the proposed Pebble Mine.

The chief financial officers for the city of New York and the state of California are continuing to call for major mining company Rio Tinto to divest itself from Northern Dynasty. Both New York City and California hold substantial amounts of Rio Tinto stock, and as shareholders they're trying to promote responsible investments, which they say the Pebble Mine is not.  

KDLG’s Dave Bendinger has more:

Audio Transcript

Northern Dynasty Minerals

A member of the Northern Dynasty Minerals Board of Directors has resigned. Stephen Scott is the General Manager with Rio Tinto’s copper division and he was appointed to the Northern Dynasty Minerals Board in 2007.

A member of the Alaska Legislature is taking the CEO of Northern Dynasty Minerals to task for comments made about the proposed Pebble Mine. KDLG’s Mike Mason has the story.

The CEO of Northern Dynasty Minerals used a presentation last month in Anchorage to discuss the departure of Anglo American from the partnership formed to develop the proposed Pebble Mine. KDLG’s Mike Mason listened in and filed this report.

Last month’s announcement that Anglo American was withdrawing from the Pebble Limited Partnership has resulted in an unknown number of workers being laid off. KDLG’s Mike Mason has the story.

Northern Dynasty Minerals CEO Answers Questions

Sep 17, 2013

Northern Dynasty Minerals held a conference call with reporters and investors Monday shortly after learning that their partner in the Pebble Mine project was pulling funding and support for the project. KDLG’s Mike Mason listened in and filed this report.

The future of the proposed Pebble Mine is in doubt due to the news that one of the major partners in the project is pulling out. KDLG’s Mike Mason has the details.

Northern Dynasty Minerals, which is one half of the Pebble Limited Partnership, has a new member of its board of directors. Ken Pickering is an engineer with 40-years of experience in the mining industry.

Northern Dynasty Minerals has responded to the allegations made earlier this week by U.S. Senator Maria Cantwell that the company was misleading federal officials. In a written statement issued Tuesday Northern Dynasty Minerals President and CEO claimed that Senator Cantwell's concerns have no basis in fact.

A member of the U.S. Senate is urging the Securities and Exchange Commission to investigate one of the companies looking at developing a massive gold and copper mine in the Bristol Bay region.