NOVAGOLD and Paulson Advisers acquire Barrivk’s interest in Donlin Gold
Published by Jess Watts,
Editorial Assistant
Global Mining Review,
Highlights
- Paulson Advisers acquires a 40% ownership interest in Donlin Gold.
- NOVAGOLD increases ownership interest in Donlin Gold from 50% to 60%.
- Financial public offering and concurrent private placement raised sufficient funding for NOVAGOLD’s acquisition and for the Donlin Gold Feasibility Study update.
Greg Lang, NOVAGOLD’s President and CEO, said:
“Today we completed the successful and strategic Donlin Gold transaction through a strong collaborative effort between NOVAGOLD, Paulson, and Barrick since announcing the transaction on 22 April 2025. This constitutes a truly transformational transaction and an exciting new chapter for Donlin Gold as we advance one of the best and most jurisdictionally attractive gold development projects in the world. We look forward to providing updates on the key milestones in the coming months, starting with our revamped and determined efforts regarding the Feasibility Study workstream.”
Read the article online at: https://www.globalminingreview.com/mining/10062025/novagold-and-paulson-advisers-acquire-barrivks-interest-in-donlin-gold/
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