By Shane Lasley
Mining News
Increased lands, gold at Donlin Creek
Amended lease increases land for Donlin developers, improves benefits for Native landowners; NovaGold reports increased gold reserves
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Last updated 3/28/2010 at Noon
Donlin Creek LLC, the 50-50 joint venture between NovaGold Resources Inc. and Barrick Gold Corp., has renegotiated its lease on the Donlin Creek gold project in southwestern Alaska.
The Calista Regional Native Corp., owners of the property that holds the 40-million-ounce gold deposit, said the renewed lease provides the miners the additional time and land to mine the gold-rich ore, while maximi...
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