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.
Alaska Mining News
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.
EPA staff either set out to block the controversial Pebble mine by colluding with anti-mining activists, or proposed scientifically appropriate restrictions protecting southwestern Alaska from the proposal for North America's largest open-pit mine.
Northern Dynasty Minerals, parent company of the Pebble mine proponent, disappointed at the narrow scope and limited findings of government probe.
The Donlin deposit holds an estimated 33 million ounces of gold, which would be extracted over the expected 27-year operating life of the open pit mine.
NovaCopper Inc. (NYSE-MKT, TSX:NCQ) CEO Rick Van Nieuwenhuyse’s path to success in the Ambler mining district of Alaska, where he started his career, is a road.
Prospect generator Miranda Gold (MAD.V) chases discovery in Colombia and high-grade production in Alaska
Miranda Gold CEO Ken Cunningham sees 2-3 more difficult years ahead for mining investors, which gives his company more time to acquire and advance its projects with less competition.
A federal judge has ruled in favour of the Pebble mine project, putting a temporary halt on the U.S. Environmental Protection Agency’s efforts to protect Bristol Bay.
A federal grand jury in Anchorage handed up a 28-page indictment accusing XS Platinum and five executives of conspiring to violate the federal Clean Water Act and of falsifying compliance reports to the government
The Indian group opposing Imperial Metals Corp.'s Red Chris mine, known as the Klabona Keepers, says that nobody properly consulted its members about the project, a "grave and serious" violation of aboriginal rights.
British Columbia's Energy Minister Bill Bennett wants to show Alaskans why the province’s resource sector is not a threat to the state's environment and salmon fishery.
U.S. federal court won't make a final decision until at least January 2, 2015.
Mt. Polley disaster figuratively spills over the U.S. border.
The Red Chris copper and gold project, in northwest B.C., is located near the Iskut River, a major tributary of the Stikine River, which ends in southeast Alaska.
Potential problems in the horizon for Seabridge Gold's proposed gold, copper, silver and molybdenum mine in northern British Columbia, just 30 km from the Alaska border.
Legendary mining financier spoke at Sprott Natural Resource Symposium Vancouver.
Northern Dynasty Minerals dropped 7.69% to 78 cents on Friday.
They oppose the agency's latest decision, which may block development of the Pebble mine before any permit application has been filed.
In reality, little salmon habitat exists at the Pebble site.