Developing gold miner NovaGold Resources Inc. announced a first-quarter loss of $28.5 million, reversing a year-ago profit of $24.2 million as it booked a number of charges in the period. For full story, click here
After Thursday’s market close, Nova Scotia-based Gammon Gold made a public appearance that it has entered into an agreement to acquire Capital Gold Corporation in an all-share transaction worth $150 million. For full story, click here
Vancouver’s NOVAGOLD announced the begining of mining activities at its new Rock Creek gold mine near Nome. For full story, click here For company’s website, click here
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