StockWatch
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Metal Mining
ClarificationAug 13, 2026, 12:36 PM

Blue Moon Refutes Short-Seller Claims on Nussir Project Permits

AI Summary

Blue Moon Metals Inc. has issued a strong rebuttal to a "short-and-distort" report by Viceroy Research Group, which made inaccurate claims about the company's Nussir copper-silver-gold project. Blue Moon asserts that all permits for the Nussir project are in good standing and that the recent Engebø Judgment, concerning an unrelated mining project, does not apply to Nussir or prohibit its sea disposal of tailings. The company highlighted the project's designation as a Strategic Project under the EU Critical Raw Materials Act and confirmed that the Norwegian Environment Agency approved its Mine Waste Management Plan in Q2 2026.

Key Highlights

  • Blue Moon Metals refutes Viceroy Research Group's "short-and-distort" report.
  • All permits for the Nussir copper-silver-gold project are in good standing.
  • Norwegian Minister of Trade and Industry confirms Nussir's importance and valid permits.
  • The Engebø Judgment (unrelated project) does not apply to Nussir or prohibit sea disposal.
  • Nussir is designated a Strategic Project under the EU Critical Raw Materials Act.
  • Norwegian Environment Agency approved Nussir's Mine Waste Management Plan in Q2 2026.
  • EFTA Surveillance Authority letter is not a final ruling and does not revoke permits.