The company’s stock closed Tuesday in Sydney 1.82% higher at A$8.97 on the news.
Alaska Mining News
To boost coal use in the US: Find a spot near a mine with no access to oil or natural gas pipelines, where it’s not particularly windy and it’s dark much of the year.
Each company will contribute an additional $1 million for exploration at the Upper Kobuk mineral projects.
Located in the Yukon Kuskokwim (Y-K) region in Western Alaska, 10 miles north of Crooked Creek Village, Donlin Gold is one of the largest known undeveloped gold deposits in the world.
Deal with the Alaska Peninsula Corporation (APC) secures the company's right to use defined portions of APC lands to build and operate roads for the stalled Pebble copper-gold-silver project.
CEO of Millrock Resources talks about the recently released drill results from the Alaska Range Project as well as developments at its Mexican properties.
Acquisition will add 250,000 to 260,000 ounces to its full-year 2019 guidance, boosting expected output to between 850,000 to 900,000 ounces
Rough day for world's top gold mining company ends on high note.
Northern Dynasty stock drops 32% after pact with First Quantum to build giant Alaska copper-gold mine collapses.
Bringing the project to production is expected to take about four years, but Donlin gold project is still has a long way to go in the permitting process before construction and operations can begin.
Mineralized intercepts encountered higher grades than predicted by previous modeling, said the project owners NovaGold and Barrick.
The agency has proposed revoking its 2014 determination banning any large-scale mine in the area where Pebble would be built on the grounds it would damage the region’s key salmon industry.
The junior mining market suddenly pivoted towards an Alaska-focused gold explorer today, which is advancing a high-grade gold play in Alaska.
Northern Dynasty Minerals Ltd. reports that its wholly-owned subsidiary, Alaska-based Pebble Limited Partnership announced today it has received commitments from five prominent Alaskan and national figures to serve as founding members of an Advisory Committee formed to provide independent, external advice as the Pebble Project advances into federal and state permitting.
Donald Trump’s Environmental Protection Agency (EPA) has injected new life into the long-stalled and controversial copper-gold-silver project near Bristol Bay, southwest Alaska.
Permit allows Northern Dynasty to work in the area for the next 12 months, but it includes requirements for state inspections, as well as an unprecedented $2 million guarantee as back stop for exploration clean-up.
Together these giant orebodies contain reserves worth $796 billion at today's gold price.
Rebuttal comes as shareholders launched an investigation over possible false and misleading statements made by the miner about its Pebble copper-gold project in Alaska.
Shares in the Canadian miner behind the stalled Pebble copper-gold project in Alaska nosedived after a report branded the venture as “worthless.”
NOVAGOLD Resources Inc. released its 2016 financial results on Jan. 25, and provided updates on the 50%-owned Donlin Gold project in Alaska and the 50%-owned Galore Creek project in British Columbia.
Northern Dynasty Minerals Ltd. expects the U.S. Environmental Protection Agency to announce in the first quarter of 2017 that it will let the application process proceed for the controversial project.
Situation has worsened as a result of a shortage of new discoveries, cost cutting measures and miners digging out higher-grade material for a short-term gain, say experts.
Despite being early stage, the Unga gold project is attracting interest from some influential gold funds.
A World Conservation Congress’ motion urges the US government to prevent the granting of permits for large-scale mining.
The Canadian company exploring for copper, zinc and gold upstream of a southeast Alaska bald eagle preserve has received permission from a U.S. federal agency to expand.