NAK shares rise ahead of Pebble Mine hearing
Northern Dynasty Minerals shares rose 7.31% to $2.35 in U.S. trading Friday, with about 8.78 million shares changing hands, and gained 13.5% over the holiday-shortened week. The company faces a key federal court hearing June 25 over the EPA’s Pebble mine veto and a shareholder vote June 24 in Vancouver. Northern’s main asset is its full interest in Alaska’s Pebble deposit. No major project news drove the rally.