NovaGold (NG -21.2%) shares plunge after Barrick Gold (ABX) indicates it may not invest...

|About: NovaGold Resources, Inc (NG)|By:, SA News Editor

NovaGold (NG -21.2%) shares plunge after Barrick Gold (ABX) indicates it may not invest significantly in the jointly-owned Donlin gold deposit because of the large initial capital investment required to launch it. ABX did add that Donlin represents a "valuable long-term opportunity" and would advance permitting activities at the site at reasonable costs.