North of 60 Mining News - The mining newspaper for Alaska and Canada's North

Pebble Partnership copper gold molybdenum mine project Alaska Northern Dynasty NAK NDM

By Sarah Hurst
For Mining News 

NovaGold sees progress on three projects

Legal issues and construction challenges don't deter the feisty junior, which is developing deposits in Alaska and British Columbia

 

Last updated 3/25/2007 at Noon



Vancouver-based NovaGold Resources got some encouraging news on all three of its major projects recently. The U.S. Army Corps of Engineers reissued its permit for Rock Creek; Galore Creek received its British Columbia Environmental Assessment Certificate; and Donlin Creek expanded its resources by an impressive amount. But progress has come at a cost: the company had a net loss of $30.5 million...



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