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 

Mining Explorers 2009: Partners prepare to permit Donlin

Barrick, NovaGold agree Donlin is feasible; permitting scheduled to begin late '09

 

Last updated 11/1/2009 at Noon



The US$4.48 billion price tag to build a mine at the Donlin Creek gold project did not invoke sticker shock for Barrick Gold Corp. and NovaGold Resources Inc., co-owners of the enormous gold project.

After reviewing the feasibility study for the Donlin Creek project in late April, the partners decided to move ahead with permitting a mine at the 40-million-ounce gold deposit located in the Kusk...



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