Mining News: NovaGold hits funding snag, halts mining
Projected cash flow from Rock Creek operation dries up; aggressive miner scrambles to salvage interest in Donlin, Galore projects
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....
[additional news subjects in this story]
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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