As of November 6, 2026, one holder's latest Schedule 13D or 13G filing report owning 5% or more of Northern Dynasty Minerals Ltd. The largest reported stake is Kopernik Global Investors, LLC's, at 14%. 2 filings are on record since November 13, 2025 (Schedule 13D/A, April 7, 2026).
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Northern Dynasty Minerals Ltd has 2 Schedule 13D or 13G filings on record since 2025-11-13. 1 holder's latest filing reports 5% or more of common shares, no par value. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Kopernik Global Investors, LLC | 14% | 83,628,221 | SCHEDULE 13D/A, 2026-04-07 | 2026-03-19 |
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Northern Dynasty Minerals Ltd elsewhere on the record
Companies that share a holder
- Kopernik Global Investors, LLC also filed stake reports on 8 other companies: Concentrix Corp (Aug 2026), Novagold Resources Inc. (Feb 2026)
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Purpose of Transaction (Item 4)
Kopernik Global Investors, LLC
The Reporting Persons purchased the Issuer's securities based on the Reporting Persons' belief that such securities, when purchased, were undervalued and represented an attractive investment opportunity. Depending upon overall market conditions, other investment opportunities available to the Reporting Persons, and the availability of Common Shares at prices that would make the purchase or sale of Common Shares desirable, the Reporting Persons intend to continue to review their investment in the Issuer on an ongoing basis and may, from time to time and at any time, acquire additional Common Shares in the open market or otherwise, dispose of any or all of the Common Shares in the open market or otherwise, and/or engage in hedging or similar transactions with respect to the Common Shares. On March 24, 2023, Ms. Isabel Satra was appointed as a director of the Issuer. Ms. Satra is currently a Principal at Kopernik Global Investors and serves as the firm's Chief Financial Officer. As a result of Ms. Satra's appointment to the Board, the Reporting Persons previously converted the beneficial ownership filing on Schedule 13G to a filing on Schedule 13D. The Reporting Persons have engaged, and intend to continue to engage, in discussions and other communications with management and the Board of Directors (the "Board") of the Issuer, regarding a variety of matters relating to the Issuer, which may include, among other things, the composition of the Board and corporate governance. …The first part of Item 4 of the SCHEDULE 13D/A filed 2026-04-07; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-11-13 | Kopernik Global Investors, LLC | 12.7% | SCHEDULE 13D/A |
| 2026-04-07 | Kopernik Global Investors, LLC | 14% | SCHEDULE 13D/A |
Questions about who owns Northern Dynasty Minerals Ltd
Who owns Northern Dynasty Minerals Ltd?
On this page, one holder's latest ownership filing reports 5% or more of Northern Dynasty Minerals Ltd: Kopernik Global Investors, LLC (14%, Schedule 13D/A, filed 2026-04-07).
When did Kopernik Global Investors, LLC buy into Northern Dynasty Minerals Ltd?
The filings give report dates, not purchase dates. The earliest filing from Kopernik Global Investors, LLC on this page is the Schedule 13D/A, filed 2025-11-13, reporting 12.7%; its latest, Schedule 13D/A filed 2026-04-07, reports 14%. That earliest filing is itself an amendment, which updates an earlier report.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 2 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.