COMPANIES

Pebble could be rocking again

Northern Dynasty Minerals (CN: NDM) continued its striking recent share-price run in the past week, gaining 26.3% to take its market value past US$700 million. The company’s stock has trebled in value since Donald Trump’s surprise election as US president, which investors are speculating is good news for NDM’s stalled Pebble mega copper-gold project in Alaska.

Pebble drill site in Alaska

Pebble drill site in Alaska

NDM CEO Ron Thiessen said in Vancouver this week the new Trump government had “a desire to permit Pebble” and he expected the company’s long-running impasse with the US Environmental Protection Authority...

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