North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By Shane Lasley
Mining News 

The $6 billion question

Are Novagold, Barrick ready to pull the trigger on Donlin Gold development?

 

Last updated 1/27/2018 at 4:51pm

Thomas Kaplan

Novagold Resources Inc. and Barrick Gold Corp. – equal co-owners of the Donlin Gold project – have both said they are unwilling to develop the 40-million-ounce gold deposit in a weak gold price environment. So, with Donlin entering the final phase of a five-year permitting process, are the partners ready to build a world-class gold mine in Southwest Alaska?

With gold prices up roughly 16 pe...



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