Mining News: NovaGold hits funding snag, halts miningProjected cash flow from Rock Creek operation dries up; aggressive miner scrambles to salvage interest in Donlin, Galore projects Rose Ragsdale For Mining News
Reeling from regulatory and operating problems at the Rock Creek Mine 12 kilometers, or 8 miles, from Nome and effects of the recent credit drought, NovaGold Resources Inc. Nov. 24 said it has suspended production at the Rock Creek gold mine for at least six months. The move comes less than three mo....
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Debt difficulties Rock Creek troubles Resolution efforts will continue NovaGold CEO warns of the risks of a zero-risk society Exchange rates hurt Galore Litigation delays Rock Creek
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