Welcome to our dedicated page for Novagold Rscs news (Ticker: NG), a resource for investors and traders seeking the latest updates and insights on Novagold Rscs stock.
Novagold Resources (NG) maintains its position as a leader in responsible gold development through its flagship Donlin Gold project in Alaska. This news hub provides stakeholders with essential updates on permitting progress, technical studies, and strategic initiatives that drive long-term value creation in secure mining jurisdictions.
Investors and industry observers will find comprehensive coverage of operational milestones, including feasibility study updates, environmental assessments, and community partnership developments. The curated news selection emphasizes substantive project advancements rather than market speculation, aligning with Novagold's commitment to transparent communication.
Key focus areas include regulatory compliance updates, resource modeling breakthroughs, and Native Corporation collaborations. All content undergoes rigorous verification to ensure accuracy, with direct links to official filings and partner announcements when available.
Bookmark this page for streamlined access to Novagold's latest corporate announcements, technical reports, and stakeholder engagement initiatives. Regular updates reflect the company's methodical approach to developing one of the world's most significant undeveloped gold deposits while maintaining exemplary environmental and social governance standards.
NOVAGOLD Resources announced the results of its Annual and Special Meeting held on May 12, 2021. A total of 237,189,817 shares, representing 71.58% of the outstanding shares, participated in the voting. All four proposals, including the election of directors and appointment of auditors, received overwhelming approval.
The election of directors saw votes ranging from 94.71% to 99.63% in favor. The appointment of PricewaterhouseCoopers as auditors was approved with 98.87% support. Shareholder engagement improved corporate governance practices, reflecting the company's commitment to transparency.
NOVAGOLD Resources will host its Annual and Special Meeting of Shareholders on May 12, 2021, at 1:00 p.m. PT, via a virtual format. Shareholders can vote by proxy, join the webcast, and submit questions digitally. This decision prioritizes safety amidst COVID-19, enhancing accessibility and reducing the carbon footprint. Following the meeting, Chairman Thomas Kaplan and CEO Greg Lang will discuss NOVAGOLD’s 2020 accomplishments and future outlook. Shareholders are encouraged to log in early and have their voting materials ready.
NOVAGOLD reported outstanding assay results from its successful 2020 drill program at the Donlin Gold project, validating higher grade-thickness results than previously modeled, indicating strong gold mineralization. The company maintains a robust treasury of $114 million in cash, with an additional $75 million expected in July 2021. The drilling program encompassed 85 holes over 23,361 meters, revealing high-grade extensions. As of February 2021, NOVAGOLD's share of Donlin Gold losses increased but still represents a strong investment potential given the project's unique qualities and exploration upside.
Donlin Gold LLC, co-owned by Barrick Gold and NOVAGOLD (NG), announced positive results from its 2020 drill program, comprising 85 holes and 23,361 meters drilled. The assays exhibited higher grade-thickness than anticipated, enhancing geological modeling confidence. The Board plans additional drilling in 2021 to further investigate mineralization continuity and structure. Key drill intersections included 51.15 m at 4.6 g/t gold. Safety protocols resulted in zero COVID-19 cases on site. Donlin Gold holds approximately 39 million ounces of gold, constituting one of the largest undeveloped gold resources globally.
National Grid plc (LSE: NG, NYSE: NGG) has agreed to acquire Western Power Distribution from PPL Corporation for £7.8 billion. Concurrently, PPL will acquire National Grid’s Narragansett Electric Company in Rhode Island for $3.8 billion (£2.7 billion). This move aims to enhance National Grid's U.K. electricity distribution scale while allowing PPL to broaden its U.S. operations. Both transactions are subject to shareholder and regulatory approvals, expected within 4 months for Western Power and 9-12 months for Narragansett.
National Grid has reached an agreement to acquire Western Power Distribution from PPL Corporation for £7.8 billion. Concurrently, PPL will acquire Narragansett Electric, National Grid's business in Rhode Island, valued at US$3.8 billion (£2.7 billion). This strategic move aims to enhance both companies' growth, enabling National Grid to expand its footprint in the UK electricity distribution sector and PPL to strengthen its presence in the U.S. The acquisition is subject to shareholder and regulatory approvals, expected within 4 to 12 months.
NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) is set to release its 2021 first quarter financial results after the market closes on March 31, 2021. Following this, a conference call and video webcast will occur on April 1, 2021 at 8:00 am PT (11:00 am ET) to discuss the results. Questions can be submitted via email before the call, with an opportunity for live inquiries during the webcast. Archived access to the event will be available on NOVAGOLD’s website for one year.
NOVAGOLD announced the successful completion of the 2020 drilling program for the Donlin Gold project, co-owned with Barrick Gold. The program involved 85 holes and 23,400 meters of drilling, revealing promising initial assay results, including high-grade gold intervals. As of August 31, 2020, NOVAGOLD maintains a robust treasury of $126.3 million in cash and term deposits, plus $100 million in receivables from Newmont Corp. The ongoing implementation of strict COVID-19 protocols has ensured employee safety, allowing operations to continue effectively.
NOVAGOLD RESOURCES INC. (NG) plans to release its 2020 third-quarter financial results post-market on September 30, 2020. A conference call and webcast for discussing these results is scheduled for October 1, 2020, at 8:00 am PT (11:00 am ET). Investors can access the conference via phone or webcast, with options for North American and international callers provided. The details for the call will also be archived on NOVAGOLD's website for one year.
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