Past year: ▼ 40%(1.69 – 3.24 CAD)
Each one in plain English, with the numbers worked through for a shareholder.
26 June 2026regulatory community update● NeutralMajor
Oral argument was heard on 25 June 2026 and the case is now with the judge. Whether the deposit can ever be mined turns on a single district court decision, more than five years after the permit was refused.
24 Apr 2026regulatory community update▲ Good
With all briefs in, the Alaska court set oral argument for 25 June 2026.
15 Apr 2026regulatory community update● Neutral
The Pebble Partnership, the State of Alaska and the two village corporations filed their response briefs on 14 April 2026, completing the written argument.
2 Apr 2026annual report▼ Bad
Filed 2025 annual accounts and Form 40-F, with a going-concern emphasis of matter in the auditor's report for the fifth consecutive year in this record.
20 Feb 2026regulatory community update● Neutral
Answered the Justice Department brief publicly, saying its arguments repeat earlier ones and contradict the findings of the 2020 final environmental impact statement.
18 Feb 2026regulatory community update▼ BadMajor
The Justice Department filed its brief on 17 February 2026 defending the veto. The company said it was surprised, given the administration's stated support for Alaskan development and domestic copper, that this EPA chose to defend it.
18 Feb 2026regulatory community update● Neutral
Set out the revised court timetable: plaintiffs filed in October 2025, the Justice Department must answer by 17 February 2026, with plaintiffs' replies to follow.
15 Jan 2026director officer appointment● Neutral
Appointed Stephen Meyer, who runs a private equity real estate firm investing in distressed assets and mortgages, to the board and as chair of the audit and risk committee.
8 Dec 2025director officer appointment● Neutral
Reported on the search to replace Christian Milau, who resigned from the board in September 2025, with a new independent director and audit committee chair expected by the end of January 2026.
19 Nov 2025regulatory community update▼ Bad
A 43-day federal government shutdown pushed back the Justice Department's response brief and reset the timetable in the Alaska case.
21 Oct 2025material agreement● NeutralMajor
The fifth and final $12 million tranche completed the royalty sale at $60 million in total, and the maximum royalty rates now apply for the life of any mine. Over three years the company financed itself almost entirely by selling future gold and silver from a deposit it is barred from mining.
6 Oct 2025regulatory community update● NeutralMajor
Summary judgment briefs were filed on 3 October 2025 by the Pebble Partnership, the State of Alaska and the two Alaska Native village corporations - four plaintiffs arguing the same veto is unlawful.
26 Sept 2025regulatory community update▲ GoodMajor
Received the fourth $12 million royalty tranche before the 30 September deadline, alongside an update on the court case and talks with the government. Royalty money, not shares, has funded the company through the litigation years.
8 Aug 2025regulatory community update● Neutral
Judge Gleason granted the request for a summary judgment schedule while negotiations with government officials over withdrawing the veto continued in parallel.
18 July 2025regulatory community update● NeutralMajor
No settlement reached. The company asked the court to set a summary judgment timetable so the legality of the veto is decided rather than negotiated.
7 July 2025regulatory community update▲ GoodMajor
Disclosed that it is negotiating a possible settlement with the EPA, the agency telling the court its officials remain open to reconsidering the veto.
13 June 2025regulatory community update● Neutral
A third pause, of 20 days to 3 July 2025, on top of the 90- and 30-day abeyances already granted.
2 June 2025material agreement▲ Good
Received the third $12 million royalty tranche and amended the agreement a second time, again loosening the instalment terms and pushing back the 26 July 2025 expiry.
14 May 2025regulatory community update● Neutral
Agreed to a further 30-day pause in the litigation on top of the 90 days already given to the new EPA leadership.
7 Apr 2025annual report▼ Bad
Filed 2024 annual accounts and Form 40-F, again with a going-concern emphasis of matter.
24 Mar 2025regulatory community update▲ Good
Commented on the president's 20 March 2025 executive order on increasing US mineral production, which names copper among the minerals at stake.
18 Feb 2025regulatory community update● Neutral
Agreed to pause its own lawsuit for 90 days so the newly confirmed EPA administrator could decide how to proceed - the company betting on negotiation with the new administration rather than on the court.
6 Feb 2025other● Neutral
Published another open letter to shareholders on what recent events could mean for Pebble, with the text held only on the company website.
20 Dec 2024regulatory community update▲ Good
Alaska's governor asked the incoming president for a day-one executive order reversing federal resource restrictions in the state - the company's hope now resting on a change of administration rather than on the courts alone.
16 Dec 2024director officer appointment● Neutral
Josie Hickel joined the board. She was previously senior vice president for human resources and administration at the Pebble project and has led an Alaska Native regional corporation.
19 Aug 2024regulatory community update▲ Good
The Alaska federal court allowed the Army Corps to be added as a defendant to the existing complaint against the EPA, so the permit denial and the veto will be argued together.
25 July 2024material agreement▲ Good
Received the remaining $10 million of the second royalty tranche, which under the November 2023 amendment had been payable in six instalments of $2 million.
26 June 2024regulatory community update▲ GoodMajor
Iliamna Natives Limited and Alaska Peninsula Corporation sued the EPA over the veto - the same two Alaska Native village corporations that granted Pebble its road and port rights of way in 2018 and 2019, now litigating alongside it.
10 June 2024regulatory community update● Neutral
Asked the court for permission to widen its existing complaint to cover the Army Corps' permit denial as well as the EPA veto, rather than start a second suit.
22 Apr 2024annual report▼ Bad
Filed 2023 annual accounts and Form 40-F, again with a going-concern emphasis of matter in the auditor's report.
