Northern Dynasty (NAK) Jumps 28% on Copper, Gold Rush

Group 1 - Northern Dynasty Minerals Ltd. (NYSEAmerican: NAK) experienced a significant increase of 28% week-on-week, driven by rising copper and gold prices as investors showed interest in mining stocks [1][3] - On the previous Friday, gold spot prices rose by 1.97% to $4,239 per troy ounce, while copper prices increased by 2.28% to $11,189 per metric ton, as traders anticipated an interest rate cut from the Federal Reserve [2] - The Federal Reserve is expected to announce a 25-basis-point rate cut in its upcoming meeting, which typically weakens the US dollar and makes precious metals cheaper, benefiting producers like Northern Dynasty Minerals [2][3] Group 2 - Northern Dynasty reported a net loss of C$7.9 million, which is 72% wider compared to a loss of C$4.6 million in the same period last year [3] - The company's operating loss increased by 78% to C$6.48 million from C$3.6 million year-on-year, primarily due to higher exploration and administrative expenses [4]