The $6 billion question
Are Novagold, Barrick ready to pull the trigger on Donlin Gold development?
Last updated 1/27/2018 at 4:51pm
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...