NG
NOVAGOLD RESOURCESยทAMEX
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NG Profile
Novagold Resources Inc.
A well-financed precious metals company focused on the development of its 50 percent-owned Donlin Gold project in Alaska, one of the safest mining jurisdictions in the world
201 South Main Street
, Suite 400
, Salt Lake City
, Utah
, USA 84111
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NOVAGOLD RESOURCES INC. Founded on December 5, 1984, it operates in the gold mining industry, focusing on advancing the Donlin Gold Project in Alaska. Following the completion of the Donlin Gold transaction on June 3, 2025, the project is 60% owned by a wholly-owned subsidiary of NOVAGOLD and 40% owned by a wholly-owned subsidiary of Paulson, and the governance is divided equally between the two parties. NOVAGOLD recorded its 60% stake in Donlin Gold as an equity investment and recognized its proportion of the project expenses as an operating loss. The company's strategic objectives include completing the Bankable Feasibility Study (BFS), making construction decisions, maintaining strong relationships with shareholders and local communities, adhering to high standards of safety, environmental management and sustainability, and efficiently managing financial resources.
