Northwire Canada EditionTuesday, November 10, 2026
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Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.23 −1.7% Oil 86.04 −0.9% Palladium 1,020.80 −0.1% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% SLG 6.24 −0.9% MSC 0.020 +0.0% MCI 0.140 +0.0% Gold 4,030.20 −2.0% Silver 51.23 −2.8% Copper 6.23 −1.7% Oil 86.04 −0.9% Palladium 1,020.80 −0.1% ALS 53.01 −2.2% APM 5.13 −6.6% AVL 5.46 −5.4% NG 8.84 −9.0% ATY 0.220 −2.2% CN 0.125 −10.7% PMET 3.22 −4.2% ITH 1.99 −11.6% VMET 12.33 −6.9% ABX 56.41 −5.6% PUR 0.370 +8.8% SCY 0.085 +6.2% AUMN 0.300 +7.1% SLG 6.24 −0.9% MSC 0.020 +0.0% MCI 0.140 +0.0%
M&A / Property Routine +

NOVAGOLD Announces Expected Completion Date for Donlin Gold Acquisition, NYSE Listing and TSX Delisting

Novagold consolidates Donlin ownership on December 1, with a New York Stock Exchange listing to follow.

By The Northwire Desk — AI Analysis Nov 10, 2026 · 17:00 NG · 8.84 Novagold Resources Inc.
Executive Summary

Novagold Resources Inc. announced that its statutory plan of arrangement to acquire the remaining 40% interest in the Donlin Gold project from Paulson Advisers LLC is expected to be completed on December 1, 2026. The transaction will result in the creation of a new U.S.-domiciled parent company, NovaGold Corporation, which will list on the NYSE under the ticker "NG" on December 2, 2026. Existing NOVAGOLD shares will cease trading on the NYSE American and TSX on December 1, 2026. The deal was overwhelmingly approved by shareholders on November 4, 2026, with 99.72% voting in favor. The transaction consolidates 100% ownership of the Donlin Gold project, a tier-one development asset in Alaska with ~40 million ounces of Measured and Indicated resources.

Material Impact

Novagold Resources Inc. (NG) confirmed the procedural timeline for its transaction, which was definitively agreed upon in July 2026 and approved by shareholders in early November. The market has already priced in the consolidation of Donlin Gold and the move to a U.S. listing, as evidenced by the stock's trading range and the prior approval vote.

The announcement provides clarity on the exact closing date and ticker change but introduces no new financial terms, valuation changes, or strategic pivots. This confirmation reduces execution uncertainty and sets the stage for the new entity to access U.S. capital markets, a structural development for a major U.S.-based mining project.

NG · Price
Company Overview

Novagold Resources Inc. is a Canadian mining company focused on the Donlin Gold project in southwestern Alaska. The flagship project hosts approximately 40 million ounces of gold in Measured and Indicated resources at an average grade of 2.22 g/t Au. Reserves stand at ~9 million tonnes of Proven and ~495 million tonnes of Probable material.

The project is designed for open-pit mining with an expected mine life of 27 years, targeting production of over 1 million ounces of gold annually. The Bankable Feasibility Study (BFS) is on schedule for completion in 2027, with engineering integration led by Fluor Corporation and specialist contractors WSP, Worley, and Hatch.

Read the original news release →

More from Novagold Resources Inc.

Nov 04, 2026 · 17:00

Novagold shareholders approved the Donlin consolidation, a transaction valued at $1.2 billion that is still pending final closing procedures.

M&A / Property Oct 08, 2026 · 08:00

Novagold reports a third-quarter loss of $36 million and raises full-year 2026 cost guidance by $11.5 million due to Donlin deal fees.

Earnings Oct 05, 2026 · 17:15

Novagold shareholders will vote on November 3 to finalize the 100% acquisition of the Donlin project, with the transaction timeline reconfirmed.

M&A / Property Aug 11, 2026 · 16:45

Novagold tapped strategic advisors to fund Alaska’s largest undeveloped gold mine following its 100% consolidation of the project.

Financings Jul 22, 2026 · 07:00

Novagold will acquire 100% of the Donlin Gold project in an all-share transaction, consolidating America’s largest undeveloped gold mine.

M&A / Property Jun 24, 2026 · 08:00

NOVAGOLD Files Second Quarter 2026 Report Advancing Key Donlin Gold Workstreams Up the Value Chain to Build America's Largest Gold Mine

Earnings