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
Mining News 

NovaGold repositions itself for growth

With its financial troubles in the past, the junior wants to move forward with permitting Donlin Creek, seeking new opportunities

 

Last updated 5/31/2009 at Noon



NovaGold Resources Inc. not only survived 2008 - a year marked by skyrocketing development costs, an unstable financial market as well as environmental and mechanical setbacks at its projects - the embattled miner rocketed into 2009 with its core assets intact and cash in its pocket.

In NovaGold's 2008 year-end report, the company described the previous 12 months as challenging for precious me...



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