Canadian Mining Journal

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NET NIT – Correction: Donlin gold project owners

Last week we mixed up ownership when mentioning the Donlin Creek gold project in Alaska. NOVAGOLD RESOURCES holds 7...


Last week we mixed up ownership when mentioning the Donlin Creek gold project in Alaska. NOVAGOLD RESOURCES holds 70% of the project. BARRICK GOLD holds 30%, thanks to its takeover of Placer Dome, but may earn up to 70% of the project by funding $32 million for exploration, development, a feasibility study and then making a positive production decision for a 600,000-oz/year mine.

The change has been made to our archived article, and the correct figures now appear there.


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