‘Bait and switch’: House Committee asks A.G. to investigate alleged Pebble deception

Over the past decade, the development of the Pebble mine has come under intense scrutiny in Alaska due to its potential environmental impact. (Credit: Wikimedia Commons/AlaskaTrekker)

Northern Dynasty Minerals (TSX: NDM; NYSE American: NAK) has expressed its “extreme disappointment” at a U.S. Transportation and Infrastructure House Committee report that recommends asking the attorney general to investigate alleged false statements made by the company to Congress.

The Canadian proponent of the controversial Pebble copper-gold project in southeast Alaska said in a statement Monday that any suggestion that it tried to mislead regulators in any way is “categorically wrong and misinformed of the realities of the Pebble permitting process.”

“Here we go again with politics replacing ‘reality, science and facts,’” said Northern Dynasty CEO Ron Thiessen in a statement.

In releasing their report on Friday, Democratic Reps. Peter DeFazio of Oregon and Grace Napolitano of California, announced they sent evidence of false statements to the U.S. attorney general’s office based on the report’s findings. The report was leaked to the Associated Press ahead of publication.

The report uses internal company documents and communications to demonstrate “clear-cut deception” from Pebble L.P. in their push to build an open pit mine near the world’s largest salmon habitat at Bristol Bay.

The chairs will also ask EPA and the Army Corps of Engineers to revise their regulations and guidelines to crack down on sham permitting and project segmentation.