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 Shane Lasley
For Mining News 

Gold giant kicks rocks prior to JV deal

Newmont Mining considers joining Gold Crest Mines in exploring western Alaska properties as March 30 due diligence deadline looms

 

Last updated 3/30/2008 at Noon



Spokane, Wash.-based Gold Crest Mines Inc. has signed agreements with a subsidiary of gold mining giant Newmont Mining Corp. in which the companies propose to enter into two separate joint ventures to explore Gold Crest's AKO and Luna gold properties in the Kuskokwim region of southwest Alaska about 90 miles east of Bethel.

Denver-based Newmont will be the operator of the proposed venture and...



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