Posted by billnew52 on 8th of Sep 2011 at 01:07 pm
TOP STORIES NovaGold Says Capital Costs Of Donlin Rise To $7B
>NG ABX NovaGold Resources Inc. (NG), which along with Barrick
Gold Corp. (ABX) owns the Donlin gold project in Alaska, said
Wednesday that the estimated capital cost of the project has
increased to $7 billion to reflect the construction of a pipeline
to deliver natural gas to the mine site as well as industry-wide
cost pressures.
NG now down 6%, but
Posted by frtaylor on 8th of Sep 2011 at 01:03 pm
NG now down 6%, but I don't see any news. Heavy volume.
Increased costs to project for NG
Posted by billnew52 on 8th of Sep 2011 at 01:07 pm
TOP STORIES NovaGold Says Capital Costs Of Donlin Rise To $7B >NG ABX NovaGold Resources Inc. (NG), which along with Barrick Gold Corp. (ABX) owns the Donlin gold project in Alaska, said Wednesday that the estimated capital cost of the project has increased to $7 billion to reflect the construction of a pipeline to deliver natural gas to the mine site as well as industry-wide cost pressures.
thanks, didn't see that.
Posted by frtaylor on 8th of Sep 2011 at 01:08 pm
thanks, didn't see that.