Northern Dynasty Minerals Ltd. (NAK)

Developer of Alaska's Pebble mine raises going concern doubts

Northern added that it is in process of exploring and evaluating the Pebble project and has not yet determined whether the project contains mineral reserves that are economically recoverable. Former U.S. President Barack Obama opposed the project, and his successor Donald Trump ultimately did, too, after deciding it was too risky. President Joe Biden has also long opposed the project and took steps upon taking office in 2021 to permanently protect Alaska's Bristol Bay.