February 04, 2012

The Pebble Partnership is currently working towards timely completion of a Prefeasibility Study, and the initiation of project permitting under the National Environmental Policy Act (NEPA). The permitting process is expected to take three years to complete.

To the end of 2011, Northern Dynasty and the Pebble Partnership have invested some US$500 million in the Pebble Project. Advances include:
  • delineation of a mineral resource totaling 5.94 billion tonnes measured and indicated and 4.84 billion tonnes inferred (view resource estimate table);
  • seven years and approximately $150 million have been spent on environmental and socioeconomic studies to support project design and permitting. An Environmental Baseline Document (EBD) published in January 2012 with this data is available to state and federal agencies, project stakeholders, and the general public prior to project permittingadvanced engineering design for mine site facilities and project infrastructure;
  • investments in workforce and business development, stakeholder consultation and community investment.
  • An independent 43-101 compliant Preliminary Assessment Technical Report of the Pebble Project commissioned by Northern Dynasty and undertaken by Wardrop, A Tetra Tech Company, was completed in February 2011.

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