NOVAGOLD Resources Inc. advances the Donlin Gold project, a federally permitted gold development asset in Alaska held through Donlin Gold LLC. Recent company news centers on project advancement, Bankable Feasibility Study activity, project leadership, infrastructure and energy-supply planning, community engagement, and environmental stewardship.
Coverage also includes NOVAGOLD's operating and financial results, capital actions, shareholder meeting matters, proxy voting topics, equity-based compensation plan proposals, and governance updates tied to its public-company status on the NYSE American and TSX under the symbol NG.
NOVAGOLD (NG) reported third-quarter financial results while advancing an all-share transaction to acquire Paulson’s remaining 40% interest in Donlin Gold.
The quarter ended August 31, 2026 produced a $36.0 million net loss, or $0.08 per share. Cash and term deposits totaled approximately $343.4 million; net operational cash expenditures were $28.1 million. The acquisition would consolidate ownership under New NOVAGOLD, a new U.S.-domiciled parent. Closing is expected by year-end, subject to shareholder, court, regulatory and stock exchange approvals.
The bankable feasibility study, which evaluates development viability, remains scheduled for completion in 2027. Donlin Gold appointed Endeavour Financial and Macquarie Capital to support project and infrastructure financing. Existing federal permits remain in place following publication of a supplemental environmental impact statement.
NOVAGOLD (NG) has mailed materials for a November 3, 2026 shareholder vote on acquiring Paulson’s remaining Donlin Gold interest. The proposed all-share transaction would increase ownership from 60% to 100% by acquiring Paulson Advisers and affiliates’ 40% interest through Donlin Gold Holdings. A newly incorporated Delaware company, New NOVAGOLD, would become the ultimate parent and is expected to list on the NYSE upon completion.
The board unanimously recommends approval; shareholders holding approximately 28% of outstanding shares have agreed to support the transactions. Approval requires at least two-thirds of votes cast and Supreme Court of British Columbia approval. NOVAGOLD expects post-arrangement market capitalization of approximately $4.9 billion, based on its September 15, 2026 closing price of $7.25. The proxy deadline is October 30, 2026, at 10:00 a.m. Vancouver time.
NOVAGOLD Resources (NG) will release its third-quarter 2026 financial results before market open on October 8, 2026.
Management will discuss the results by video webcast and conference call that day at 8:00 am PT (11:00 am ET). The webcast will be available at www.novagold.com/investors/events and archived for one year.
NOVAGOLD (NYSE American, TSX: NG) and Donlin Gold Holdings, owned by Paulson, have appointed Endeavour Financial and Macquarie Capital as financial advisors for the Donlin Gold project in Alaska. The mandate covers evaluating funding alternatives, structuring project and infrastructure financing, engaging potential financiers, and supporting due diligence as the project advances toward a final investment decision following completion of the Bankable Feasibility Study (BFS).
The advisors will consider conventional project debt, infrastructure finance, export credit agency support and other capital sources, aiming to optimize the funding mix while preserving shareholder value. A proposed transaction for NOVAGOLD to acquire 100% of Donlin Gold is expected to streamline decision-making and expand access to private and official-sector capital. Donlin Gold hosts about 40 million ounces of measured and indicated resources and is expected to produce over 1 million ounces of gold annually over an estimated 27-year mine life if developed.
NOVAGOLD (NYSE American, TSX: NG) agreed definitive transactions with Paulson Advisers that would raise its ownership of Donlin Gold LLC from 60% to 100% via an all-share consolidation into a new Delaware parent, NovaGold Corporation (“New NG”), intended for NYSE listing.
According to NOVAGOLD, current NOVAGOLD shareholders (including Paulson’s existing stake) would own about 65% of New NG and Paulson about 35% on a fully diluted basis, implying roughly US$4.2 billion equity value for the combined U.S.-domiciled gold developer. The deal is structured using a 10% discount to the implied equity value of Paulson’s 40% Donlin interest, is intended to be tax‑free for U.S. federal income tax purposes, and targets closing in Q4 2026, subject to shareholder, court, regulatory and stock‑exchange approvals.
NOVAGOLD (NYSE American: NG) filed its Q2 2026 report, highlighting continued advancement of the Donlin Gold Bankable Feasibility Study (BFS) led by Fluor with WSP, Worley, and Hatch. The company ended the quarter with $370.2 million in cash and term deposits and reported a net loss of $25.5 million or ($0.06) per share.
According to NOVAGOLD, Q2 operational cash expenditures were $22.7 million, including $16.3 million for Donlin Gold and $6.4 million in corporate G&A. 2026 operating expenditure guidance remains at $98.5 million, and existing liquidity is expected to fund completion of the Donlin Gold BFS and prepayment of the Barrick promissory note later in 2026.
NOVAGOLD (NYSE American: NG) will release its 2026 second quarter report before market open on June 24, 2026, followed by a conference call and video webcast at 8:00 am PT (11:00 am ET).
Management will discuss Q2 2026 financial results, Donlin Gold Bankable Feasibility Study progress, community engagement, and environmental stewardship. The webcast will be archived on NOVAGOLD’s website for one year.
NOVAGOLD (NYSE American, TSX: NG) reported voting results from its May 14, 2026 virtual Annual General Meeting. A total of 326,713,666 shares, or 74.45% of outstanding shares, were represented. All seven proposals passed, including the election of all director nominees and approval of auditor, equity plans, say-on-pay, and annual say-on-pay frequency.
The company noted proxy-season outreach to shareholders representing approximately 96% of shares entitled to vote, with plans for further post-season engagement.
NOVAGOLD (NYSE American, TSX: NG) released its 2025 Sustainability Report, outlining environmental responsibility, health and safety, social engagement, and corporate governance.
The report emphasizes ESG practices at the Donlin Gold project, engagement with Yukon-Kuskokwim communities, and alignment with TCFD, TNFD, and GRI sustainability disclosure frameworks.
NOVAGOLD (NYSE American, TSX: NG) will hold its 2026 Annual General Meeting virtually on May 14, 2026 at 1:00 p.m. PDT (4:00 p.m. EDT). Shareholders can vote by proxy, join the live webcast, and submit questions during or before the Meeting.
Agenda items include director elections, auditor appointment and remuneration, equity-compensation resolutions, and advisory votes on executive pay and vote frequency. Chairman Dr. Thomas S. Kaplan and CEO Greg Lang will review the strategic case for gold and provide a Donlin Gold update.