Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
NOVAGOLD Resources Inc. logo

NOVAGOLD Resources Inc.

NG.TOSmall CapGold

Price History

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About NOVAGOLD Resources Inc.

NOVAGOLD Resources Inc. (NG.TO) is a gold mining company listed on the Toronto Stock Exchange (TSX). Our project database tracks 1 project for NOVAGOLD Resources Inc. with technical and economic data extracted from company filings. Its flagship Donlin Gold Project (Pre-Feasibility) carries an after-tax NPV of $5.06B and an IRR of 10.3% over a 27-year mine life.

NOVAGOLD Resources is developing the world-class Donlin Gold project in Alaska, one of the largest undeveloped gold deposits in North America with over 39 million ounces of gold in reserves and resources. The project has strong permitting progress and represents a multi-decade, low-cost production opportunity.

Primary Commodities

Gold

Project Economics

Donlin Gold Project

Gold· Alaska, USA· Development
Pre-Feasibility
Nov 2025
NPV (After-Tax) @ 5%$5.06B
NPV (Pre-Tax)$7.52B
IRR (After-Tax)10.3%
Initial Capex$9.23B
Payback6.5 yrs
Mine Life27 yrs
Recovery90%
Mine TypeOpen-pit
Strip Ratio6.5:1
Ownership60%
Royalties / Streams
Calista Lease: NSR of 1.5% for earlier of first five years following commencement of commercial production or until initial capital payback, converting to 4.5% NSR thereafter; net proceeds royalty of 8% of net proceeds. TKC SUA: milled tonnage fee of $0.40/t processed for first 10 years, converting to $0.50/t thereafter; net proceeds payment of 3%. No Government royalty obligations.

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

How the Economics Evolved

Donlin Gold Project

24 studies on record
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B
Pre-Feasibility
Nov 2025
$5.06B
IRR 10.3% · Capex $9.23B

Economics as disclosed in each successive study. NPV shown in US$ where a currency conversion is available (at each study's own period rate), else in the study's stated currency. Verify against the source filings.

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Financial Metrics

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Frequently Asked Questions

What does NOVAGOLD Resources Inc. mine?
NOVAGOLD Resources Inc. is focused on Gold.
What is the economic value of NOVAGOLD Resources Inc.'s Donlin Gold Project?
According to its Pre-Feasibility, Donlin Gold Project has an after-tax NPV of $5.06B and an IRR of 10.3%.
What exchange is NOVAGOLD Resources Inc. listed on?
NOVAGOLD Resources Inc. trades under the ticker NG.TO on the Toronto Stock Exchange (TSX).

Quick Facts

Ticker Symbol
NG.TO
Market Cap
Small Cap
Category
Gold
Commodities
Gold

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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