Strengthened balance sheet: Completed upsized bought deal private placement for net proceeds of approximately $294 million Robust treasury: Ended quarter with ~$393 million in cash and term deposits Bankable Feasibility Study launched: Appointed Fluor Corporation as lead engineering firm; technical workstreams underway Strategic engineering contracts awarded: Retained WSP USA, Inc. , Worley Alaska, Inc. , and Hatch Ltd [...]
NovaGold Resources Inc. will release its 2026 first quarter report before market open on April 1, 2026, followed by a conference call and video webcast to discuss the results at 8:00 am PT . During the webcast, NOVAGOLD's Chairman, Dr. Thomas S. Kaplan, President and Chief Executive Officer, Greg Lang, and Vice President and Chief Financial Officer, Peter Adamek will be in attendance as the Company provides an overview of [...]
NovaGold Resources Inc. and Donlin Gold Holdings , 100% wholly-owned by Paulson Advisers LLC and its affiliates, are pleased to announce the awarding of specialized contracts to three top-tier engineering firms - WSP USA, Inc. , Worley Alaska Inc. , and Hatch Ltd. - to advance key infrastructure and unit operations including the on-site power plant, the natural gas pipeline, and the pressure oxidation circuit and oxygen [...]
NovaGold Resources Inc. and Donlin Gold Holdings , 100% wholly-owned by Paulson Advisers LLC and its affiliates, are pleased to announce that Fluor Corporation was selected to lead the Bankable Feasibility Study as the engineering firm for the Donlin Gold project in Alaska as it advances toward financing and development. Donlin Gold is advancing the BFS using a disciplined, execution-focused approach informed by [...]
NovaGold Resources Inc. is pleased to report that it has closed its previously announced upsized bought deal private placement of 31,020,000 common shares of the Company, at a price of US$10.00 per Common Share for gross proceeds of approximately US$310 million, which comprised the partial exercise of the over-allotment option and included two cornerstone investors. BMO Capital Markets, RBC Capital Markets, and Scotiabank [...]
NovaGold Resources Inc. has announced today that it has entered into an agreement with BMO Capital Markets, RBC Capital Markets, and Scotiabank as bookrunners, under which the underwriters have agreed to increase the size of the previously announced bought deal private placement, 30,000,000 common shares of the Company, at a price of US$10.00 per Common Share for gross proceeds of approximately US$300 million, with a [...]
NovaGold Resources Inc. has announced today that it has entered into an agreement with BMO Capital Markets, RBC Capital Markets, and Scotiabank as bookrunners, under which the underwriters have agreed to buy on a bought deal basis by way of private placement, 20,000,000 common shares of the Company, at a price of US$10.00 per Common Share for gross proceeds of approximately US$200 million, with a cornerstone order of [...]
Completed a landmark $1 billion transaction1 on June 3, 2025, to acquire Barrick Mining Corp.'s 50% interest in Donlin Gold LLC - NOVAGOLD increased its ownership to 60% by acquiring an additional 10% for $200 million, while Donlin Gold Holdings 2, 100% wholly-owned by Paulson Advisers LLC and its affiliates, acquired a 40% interest for $800 million. Donlin Gold issued a Request for Proposals for its Bankable Feasibility [...]
NovaGold Resources Inc. is pleased to announce the appointment of Frank Arcese as Project Director to Donlin Gold LLC , bringing more than four decades of global project leadership to Donlin Gold. This hiring further strengthens the team as we prepare to launch the work on the Bankable Feasibility Study and progress the project toward development. Mr. Arcese has deep experience in the execution of large-scale mining [...]
NovaGold Resources Inc. announces that Donlin Gold LLC , which is owned 60% by NOVAGOLD and 40% by Paulson Advisers LLC , and Glenfarne Alaska LNG, LLC , majority owner and developer of the Alaska LNG Project , signed a non-binding Letter of Intent for natural gas supply from the Alaska LNG Pipeline and the development of the infrastructure needed to deliver the gas and power the proposed mine. Under the LOI, Glenfarne [...]
NovaGold Resources Inc. will release its 2025 year-end report before market open on January 22, 2026, followed by a conference call and video webcast to discuss the results at 8:00 am PT . During the webcast, NOVAGOLD's Chairman, Dr. Thomas S. Kaplan, and President and Chief Executive Officer, Greg Lang, will provide a comprehensive update on the Company's 2025 activities, including advancement toward the Bankable [...]
Final Assay Results Yield Additional High-Grade Gold Intercepts: The 2025 Donlin Gold drill program delivered high-grade intercepts, across multiple zones, including standout intervals up to 26.22 g/t gold, further supporting its position as one of the largest and highest-quality gold projects globally. Alaska Supreme Court Upholds Key State Permits: The Court affirmed Donlin Gold's water rights for the mine and State [...]