NovaGold Resources Inc. agreed to acquire billionaire investor John Paulson’s 40% stake in the Donlin Gold project in Alaska, giving it full ownership of the giant undeveloped bullion mine, according to Bloomberg.
The deal would consolidate control of one of the largest untapped gold projects in the U.S. and removes Paulson from the venture.
NovaGold to Buy Paulson’s 40% Stake in Alaska Donlin Gold Project
2026-07-22 12:17:53
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