Novagold Resources Inc. (NG) Social Stream



Novagold Resources Inc. (NG): $2.76

0.05 (+1.85%)

POWR Rating

Component Grades

Momentum

D

Stability

C

Sentiment

Quality

C

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Industry: Miners - Gold

Industry

D

Ranked

#32 of 42

in industry

Featured Post From StockTwits About NG

$NAK $NG Donlin Mine needs Pebble. Lets grow our economic opportunity and protect nature all at the same time.

In its decision, USACE predicts relatively small impacts from a mine waste spill, saying the dams the company is proposing to build have a safer design than conventional mine waste dams. In addition, the study notes, the most problematic waste would be buried in the mine pit after the mine closes.

In a landscape laced with rivers draining an area the size of Virginia, the agency concluded the mine “would not be expected to measurably affect the health or value” of the lucrative salmon fishery in nearby Bristol Bay, which is worth some $300 million annually.

After a lengthy misinformation campaign many were led to believe a mine at Pebble would harm the fishery. Today’s report from the USACE turns that lie on its head,” says Tom Collier, CEO of the Pebble Partnership, the company behind the mine plan.

#saveNAK

https://www.sciencemag.org/news/2020/07/critics-blast-us-study-finding-huge-alaskan-mine-poses-little-environmental-risk
scm160, published July 20, 2021

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