NOVAGOLD is a Canadian company that is pursuing the development of the Donlin Gold mine in Alaska. Headquartered in Vancouver, the company is listed on the NYSE American and the Toronto Stock Exchange. The company was founded in Dartmouth, Nova Scotia, in 1984, to pursue exploration and development of mining properties. While the company bought and sold numerous exploration rights across North America, they have principally focused on four properties. They developed and operated the Murray Brook Mine in Nova Scotia from 1989 to 1992 and developed the Rock Creek Mine in Alaska but defaulted on financial obligations forcing it to close shortly after opening in 2008. They conducted exploration and development work on the Galore Creek mine in British Columbia between 2003 and 2018 but sold its interests. The development of the Donlin Gold mine has been pursued since the formation of a joint venture with Barrick Gold in 2012.
Corporate history
NovaCan Mining Resources was founded in 1984 in Dartmouth, Nova Scotia. The company was renamed to NOVAGOLD Resources Inc. in 1987, as it became listed on the Toronto Stock Exchange with a $2.5 million initial public offering.[1] The company raised additional funds through private placements and they were able to buy and sell numerous mineral exploration properties. They were able to successfully acquire and develop the