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 [...]
Successfully completed the transformative $1 billion acquisition1 of Barrick Mining Corp.'s 50 percent interest in Donlin Gold on June 3, 2025, where NOVAGOLD increased its stake in Donlin Gold LLC to 60 percent, acquiring an additional 10 percent interest for $200 million, while funds managed by Paulson Advisers LLC secured a 40 percent interest for $800 million. Announced the full exercise of the underwriters' option in [...]
NovaGold Resources Inc. will release its 2025 third quarter report before market open on October 1, 2025, 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 third quarter activities, including the Donlin Gold drill [...]
Exceptional Drill Results: Drill results confirm consistent mineralization across multiple zones, including standout intervals up to 23.49 g/t gold, reinforcing Donlin Gold's position as one of the most significant gold development projects globally. Strategic Resource Conversion: Following the landmark $1 billion transaction with Paulson Advisers LLC , the 2025 drill program pivoted to focus on conversion of resources [...]