Northern Dynasty Minerals

Website: www.northerndynastyminerals.com/

Resource
Since acquiring the Pebble Project in 2001, Northern Dynasty has delineated and advanced one of the world's greatest stores of mineral wealth.

Located on American soil in southwest Alaska, the Pebble deposit is remarkable for both its size and composition. Current resource estimate includes 5.94 billion tonnes in the measured and indicated category containing 55 billion lb copper, 66.9 million oz gold and 3.3 billion lb molybdenum; and 4.84 billion tonnes in the inferred category, containing 25.6 billion lb copper, 40.4 million oz gold and 2.3 billion lb molybdenum. Quantities of silver, palladium and rhenium also occur in the deposit.

In 2007, a wholly-owned affiliate of Northern Dynasty entered a 50:50 partnership with a wholly-owned subsidiary of Anglo American plc to permit, construct and operate a modern, long-life mine at Pebble. Based on Anglo American's staged investment of $1.425 to $1.5 billion, both companies share equal ownership, board representation and rights in the Alaska-based Pebble Limited Partnership.

On Sept 16, 2013, Anglo American withdrew from the Pebble Limited Partnership (read:
http://web.tmxmoney.com/article.php?newsid=62679764&qm_symbol=NDM) Though this returns 100% ownership to Northern Dynasty, it also implies that Anglo American no longer considers the Pebble deposit to be a viable project or that the company grew wary by the environmental opposition against it.

Ticker: NDM on TSX and NAK on Amex
Daily Finance: Key statistics for NAK.