Loading ...Shares in Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) clawed back some of its earlier losses in after hours trade on Monday after the company and its JV partner NovaGold Resources’ (TSX, NYSE-MKT: NG) announced final federal permits for its massive Donlin project.
Barrick said the US Army Corps of Engineers and Bureau of Land Management issued a joint Record of Decision for Donlin located in Southwest Alaska four months after the publication of the project’s final environmental impact statement, “marking the completion of the multi-year federal environmental review process.”
The Corps issued a combined Clean Water Act Section 404 and Rivers and Harbors Act Section 10 permit to Donlin and the BLM also issued rights for a natural gas pipeline right of way crossing federal lands.
cont. http://www.mining.com/barrick-shares-bounce-final-permits-giant-alaska-gold-mine/