The U.S. Department of Justice declared that NovaGold Resources and its subsidiary Alaska Gold, the owners and operators of the Rock Creek near Nome, Alaska, have agreed to pay an $883,628 civil penalty to resolve violations of a stormwater permit. For full story, click here
Pamodzi Gold Ltd., which has about 3,500 South African mineworkers striking over unpaid salaries, stated that it will announce its progress report by the end of today clarifying the time when it will receive a 200 million-rand ($19 million) loan from Best Rock Investments LLC. Pamodzi Chief Executive Officer Peter Steenkamp, said: They just gave [...]
Pallinghurst Resources, the investment fund chaired by South African and former BHP Billiton chief executive officer Brian Gilbertson, & Red Rock Resources may assume control of the company (Jupiter Mines). In a statement to the Australian Stock Exchange, Jupiter said: We would ask shareholders to consider the vending of a portfolio of Australian iron ore, [...]
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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