VANCOUVER - NovaGold Resources Inc. (TSX:NG) says results of a new feasibility study indicate its Donlin Gold joint venture, would be among the world's most significant low-operating cost and long-lived gold mines.The company says the mining property, owned along with Barrick Gold Corp. (TSX:ABX), would average 1.5 million ounces of gold per year … [Read more...]
NovaGold to focus on Donlin Gold project
November 16, 2011 by
VANCOUVER - NovaGold Resources Inc. (TSX:NG) said Wednesday it is going to focus on developing its Donlin gold project in Alaska, with plans to spinoff or sell its other major assets.The company said it will look to sell its stake in the Galore Creek project in B.C. that it is developing with Teck Resources (TSX:TCK.B) and spin off its Ambler … [Read more...]
