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Entering a new chapter for Donlin Gold
With an eye on gold price, partners close in on mine decision

While neither Barrick Gold Corp. or Novagold Resources Inc. have officially announced plans to proceed with the development of Donlin Gold, there are indications that partners are leaning toward a positive decision on this 39-million-ounce gold mine project in Southwest Alaska.

"With permitting largely complete, we are shifting more focus on integrating scoping-level optimization work into a study that will serve as the basis for an updated project development plan," Novagold Resources President Greg Lang penned in the company's quarterly report.

"Given Donlin Gold's stage of development, this is the right time to advance work such as the Alaska Dam Safety certificates and engineering studies, to have the flexibility needed to proceed with the development of Donlin Gold," he added.

Though nuanced, this is a shift from previous dialogue focused on the optimization studies being carried out by Barrick and Novagold, equal partners in Donlin Gold, to incorporating the results of this work into a final design for the coming mine.

https://www.miningnewsnorth.com/story/2019/04/01/news/entering-a-new-chapter-for-donlin-gold/5673.html