NAK - Northern Dynasty: Pebble Mine Receives Initial Green Light
Northern Dynasty Minerals (NAK) yesterday saw the most important de-risking event in its history: the ACoE published its Draft Environmental Impact Statement (DEIS) for the proposed Pebble Mine. The DEIS is a foundational document required for any large scale mine in the United States. Its purpose is to evaluate environmental impacts of the proposed 20-year mine plan. The importance of the DEIS, which falls under the National Environmental Policy Act (NEPA), cannot be understated. Hailed by mining opponents as the "magna carta of environmental law", NEPA is the most rigorous government standard in