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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