Novagold talks expansion, mine development in latest earnings call

The proposed Donlin Mine could extract roughly 33 million ounces of gold during its initial 27-year production period. (Photo by Katie Basile/KYUK).
Novagold, one of two companies developing the proposed Donlin Gold mine in the Yukon-Kuskokwim Delta, is looking at building the mine in stages to reduce construction costs. That’s according to its latest quarterly earnings call.
Donlin plans to build a mine consisting of two pits that will eventually merge into one. At its peak, the mine woul