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Northern Dynasty Minerals has entered into an agreement with an unnamed investor in a deal to receive up to US$60 million over the next two years, in return for the right to receive a portion of the future gold and silver production from the Pebble Project in Alaska, USA for the life of the mine. It has received an initial payment of $12 million.
Northern Dynasty Minerals' Pebble in Alaska, USA
The company said the financing gives it the financial wherewithal to keep fighting against what it considers to be unfounded interference by US Federal Government agencies in an otherwise
Funds to advance project to construction ready
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