The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
NovaGold's Galore Creek still likely to be developed some day, but investors will have to be patient, say financial analysts
A year ago, Vancouver-based NovaGold Resources Inc. triumphantly fought off a hostile takeover bid by Toronto giant Barrick Gold. In 2007, the ambitious junior brought its Rock Creek project near Nome to the brink of production, began construction at Galore Creek in British Columbia and just a few weeks ago sealed a deal with Barrick to end their dispute over the Donlin Creek project in southwest...
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