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 Rose Ragsdale
For Mining News 

Rule violations slow Rock Creek startup

NovaGold reports second-quarter financial results; outlines changes in plan to bring small gold mine near Nome into production

 

Last updated 7/27/2008 at Noon



NovaGold Resources Inc. July 11 posted its second-quarter financial results and admitted that the company has encountered significant problems getting Rock Creek, its most advanced gold mining project, up and running.

NovaGold also outlined plans to sell some of its noncore assets, including its Ambler lead-zinc property near the Red Dog Mine in Northwest Alaska.

NovaGold said it initially bu...



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