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Investors sue parent company behind gold mine in Alaska

Jan 02, 2021 - The Canadian Press

ANCHORAGE, Alaska - The company behind a proposed copper and gold mine in Alaska faces lawsuits from investors claiming it misled shareholders who have seen an 85% drop in stock value since the summer.

Two lawsuits filed in U.S. District Court in New York claim Northern Dynasty Minerals violated federal securities law when project executives did not fully provide information about the project, The Anchorage Daily News reported Friday.

Developer The Pebble Limited Partnership and pare...