International Tower Hill Mines Ltd. said this morning that the State of Alaska has reached a landmark settlement with major oil producers BP PLC, Exxon Mobil Corp. and ConocoPhillips for the study of a major liquefied natural gas pipeline at the Point Thompson gas field on the North Slope of Alaska’s northernmost coast. A...
NovaGold Resources Inc. and NANA Regional Corp. Inc., an Alaska Native Corporation based in Kotzebue, have entered into a long-term agreement for the cooperative development of their respective resource interests in the Ambler Mining District of northwest Alaska, the Vancouver-based mining company reported this morning. The agreement consolidates NovaGold’s and NANA’s land holdings into...
NovaGold Resources Inc. likes what Barrick Gold Corp. had to say about their giant Donlin Gold project in Alaska during Barrick’s Investor Day presentation last Wednesday. Units of the two firms equally own Donlin (formerly Donlin Creek), a $6 billion (plus $1 billion for a natural gas pipeline) project in western Alaska, south of...
The Pebble Ltd. Partnership board has approved a $59 million budget and work plan for 2009, with the potential for spending up to $70 million, to complete a prefeasibility study and to prepare the giant Pebble copper/gold project in Alaska for permitting in 2010, partner Northern Dynasty Minerals Ltd. reports. The other partner is...
