With gold prices still soaring, a major Alaska mine proposal is getting a new look For years, some of Alaska’s largest mining proposals inched along, unable to attract big investment. Then the price of gold took off.
How a billionaire’s bet on Donlin mine could inject new life into the huge, slow-moving Alaska gold project A global mining giant is selling its 50% stake in Donlin Gold. One of the buyers is John Paulson, who made billions betting against the housing market before the 2008 financial crisis.