NovaGold completes $1B Donlin Gold ownership restructuring, advances feasibility study

Filed May 14, 2026 · Period ending May 14, 2026 · ~1 min read

Key Changes

• high

  Completed $1B transaction acquiring Barrick's 50% stake; NovaGold now holds 60%, Paulson-backed entity 40%. Consolidates ownership ahead of development decision.

  Exhibit 99.1 verify on EDGAR →
• high

  Bankable Feasibility Study underway with Fluor as lead engineer; completion expected 2027 to inform construction decision. RFPs issued, contracts awarded to WSP, Worley, Hatch.

  Exhibit 99.1 verify on EDGAR →
• medium

  Signed non-binding LOI with Glenfarne to evaluate Alaska LNG pipeline (316 miles) for mine power. Key federal/state permits issued for route.

  Exhibit 99.1 verify on EDGAR →