WebThe Galore Creek Mining Corporation was created in 2007 when Teck acquired a 50% interest in the Project from NovaGold. In 2024 Newmont acquired NovaGold’s stake in the Project creating the new Partnership between Teck and Newmont. Together our owner partners ensure that our operations and processes meet world-class standards in … WebThe Donlin Gold project is located in the historic Kuskokwim Gold Belt of Southwest Alaska, 10 miles north of the village of Crooked Creek, and is managed by Donlin Gold LLC, which is owned equally by subsidiaries of NOVAGOLD and Barrick Gold Corporation.
Creating Wealth Through Discovery
WebConstruction of the Rock Creek mine, located in Nome, Alaska, continued through 2007 and is anticipated to be completed in mid-2008. ... the Donlin Creek LLC, jointly owned by NovaGold and Barrick on a 50/50 basis. As part of the Donlin Creek LLC, the Company has agreed to reimburse Barrick over time for approximately US$64.8 million ... WebIn seven short years, NovaGold has built one of the best portfolios of projects in the industry with a resource inventory as large as most mid-tier gold producers. Including resources … detroit chamber mackinac policy conference
NovaGold Rock Creek Project, Seward Peninsula, Alaska
WebMay 12, 2009 · Alaska Gold Co. (Alaska Gold), and NovaGold Resources Inc. (NovaGold), the owners and operators of the Rock Creek Mine near Nome, Alaska, have agreed to pay a $883,628 civil penalty to resolve violations of a storm water discharge permit. WebOct 10, 2024 · NovaGold received $75 million as second payments from Newmont from the sale of its Galore Creek project in 2024. On September 2, 2024, NovaGold reported initial assay results for 18 completed... WebJul 26, 2024 · The NOVAGOLD agreement encompasses a staged and contingent investment of $275 million, with an initial payment of $100 million; a payment of $75 million on the earlier of prefeasibility study completion or three years from closing; and a payment of $25 million on the earlier of completing a feasibility study or five years from closing. church bishop school