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Friday, December 06, 2019 12:05:51 PM
Northern Dynasty, based in Vancouver, B.C., is the parent company of the Pebble Partnership. It reports losing about $40 million (CA$53 million) in the first nine months of the year.
Northern Dynasty has included nearly identical statements in previous quarterly reports.
Pebble spokesman Mike Heatwole said in an email that Pebble continues to look for a partner and is confident in its ability to continue advancing the project.
Daniel Cheyette, vice president of Bristol Bay Native Corporation, said that this tells a story that’s much darker than the rosy image Pebble projects in its ad campaign.
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