NovaGold Resources

NovaGold Resources fell 36.9% in the period highlighted by Kopernik Global All‑Cap Fund, contributing a 0.5% detraction to the fund’s Q2 2026 performance amid a sharp drop in gold and silver prices. NovaGold, which holds 60% of the Donlin project in Alaska, traded as low as $5.08 and as high as $14.40 over the past 52 weeks and closed near $7.43 on September 18, 2026, with a market cap around $3.19 billion. Kopernik says the correction creates buying opportunities for value investors and plans to add positions where fundamentals indicate upside, while maintaining sector and country diversification. » More on finance.yahoo.com

Novagold and Donlin Gold Holdings have appointed Endeavour Financial and Macquarie Capital as financial advisors for project and infrastructure financing of the Donlin Gold project in Alaska. The advisors are to assess financing alternatives, coordinate discussions with potential lenders and support due-diligence processes, while Novagold is working toward a final investment decision following completion of a bankable feasibility study. The strategy includes conventional project and infrastructure financings, complementary forms of capital and exploring support from export credit agencies; Novagold holds 60% of the project, Paulson 40% (with a announced purchase agreement dated July 22, 2026). » More on de.investing.com

Hedge fund manager John Paulson sees gold at the start of a long-term bull market, driven by waning confidence in fiat currencies and rising demand from central banks and private investors. Paulson prefers gold mining stocks—especially young exploration companies with high reserve potential—over physical gold. At the same time, NovaGold announced it will acquire Paulson's 40 percent stake in the Donlin gold project in a share transaction; after the deal, existing NovaGold shareholders will hold about 65 percent of the combined company. An analyst note cautions about risks in mining projects such as permitting, construction costs and gold price volatility. » More on finanzen.net