other material
confidence high
sentiment positive
materiality 0.55
NOVAGOLD awards engineering contracts for Donlin Gold BFS to WSP, Worley, Hatch
NOVAGOLD RESOURCES INC
- Contracts to WSP (215 MW power plant), Worley (316-mile gas pipeline), and Hatch (POX circuit and oxygen plant).
- Fluor remains lead engineer; BFS completion expected in 2027, targeting project financing thereafter.
- Partnership with Paulson Advisers; Donlin Gold has 40M oz measured+indicated mineral resources.
- Hiring underway for critical project roles; further BFS milestones expected in coming months.