NovaGold reports second-quarter profit on Ambler spinoff to NovaCopper
The corporate logo of NovaGold Resources Inc. is shown. THE CANADIAN PRESS/HO
July 12, 2012 - 11:06 AM
VANCOUVER - NovaGold Resources Inc. (TSX:NG) said Thursday it earned a second-quarter profit of $94.2 million or 26 cents per diluted share as it spun off its Ambler project in Alaska to a new company called NovaCopper (TSX:NCQ).
News from © The Canadian Press, 2012