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 

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 p...

For access to this article please sign in or subscribe.


Reader Comments


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2019

Rendered 06/22/2019 20:49