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By Shane Lasley
Mining News 

All in the timing

Novagold pinches pennies through permitting; Donlin input costs drop

 

Last updated 2/8/2015 at Noon



With roughly US$150 million of working capital, Novagold Resources Inc. is among a rare few non-producing mining companies that has no need to squeeze money out of a market reluctant to dole funds to the mining sector. This has allowed management to focus on the task at hand - moving the 39-million-ounce Donlin Gold project through permitting to a development decision.

"Our healthy financial po...



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