Northern Dynasty Minerals secures $60 million royalty deal for Pebble


Say what the f*&ok!?

Northern Dynasty Minerals (TSX: NDM) stated at present it’ll obtain as much as $60 million over the subsequent two years from an unnamed royalty holder in return for future gold and silver manufacturing from the Pebble venture for the lifetime of the mine.

The Pebble venture in Alaska was prevented from shifting forward by the Obama administration. The ruling was reversed by the Trump administration, regardless of inside dissent. The Biden administration again put the breaks on the project.

Dynasty stated it’ll obtain an preliminary cost of $12 million from the royalty holder.

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