Northern Dynasty Minerals (TSX: NDM, NYSE: NAK) announced Wednesday that Tom Collier, CEO of its US-based subsidiary Pebble Limited Partnership, has submitted his resignation in light of comments made about elected and regulatory officials in Alaska in private conversations videotaped by an environmental activist group.
The announcement comes as doubts about the proposed Pebble copper-gold-molybdenum mine have steadily risen over recent months.
In September, short seller J Capital Research accused Northern Dynasty management of “gaslighting investors” and said the mine plan “is on its face absurd.”
The Trump administration in July proposed approving a permit for the mine, which would be located near the world’s largest commercial sockeye salmon-producing region.
Opponents of the project have long feared its discharges could contaminate local waters, causing irreparable damage to the aquatic habitat.
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