watch
NOVAGOLD

NOVAGOLD

Sector: Gold Ores Region: Canada


: | Toronto Stock Exchange: NG | NYSE MKT: NG


NOVAGOLD is a well-financed precious metals company engaged in the development of mineral properties in North America. The Company’s flagship asset is its 50%-owned Donlin Gold project in Alaska, one of the safest jurisdictions in the world. With a production profile averaging 1.5M oz/year in the first five years of operation, and over 1M oz/year over its initial 27 year mine life, Donlin Gold is poised to become one of the largest producers in the gold industry. Donlin Gold has been in the permitting phase of the project since July 2012. Based on other large projects that have recently been permitted in the U.S., NOVAGOLD expects that permitting will be another 2 to 3 years.

NOVAGOLD also owns 50% of the Galore Creek copper-gold-silver project located in northern British Columbia. According to the pre-feasibility study, Galore Creek would be the largest and lowest cost copper mine in Canada. The Company is evaluating opportunities to sell all or a portion of its interest in Galore Creek to apply the proceeds toward the development of Donlin Gold. In the meantime, NOVAGOLD continues to bring the Galore Creek project up the value chain on a reduced budget. Activities at Galore Creek in 2013 include updating the resource model with last year’s drill results and further delineation drilling at the new Legacy zone.

Committed to responsible development and operating to the highest environmental standards, NOVAGOLD acts with a long-term view, creating mutually beneficial relationships with our communities, employees, investors, partners and other people critical to our success and the economic development of Alaska.

Latest Media

Warning! Third-party cookies must be enabled to view SlideShare presentations. ×

Having trouble?

2014 Third Quarter & Project Update

NOVAGOLD video

2014 Third Quarter & Project Update

NOVAGOLD video

Donlin Gold Project Summary

NOVAGOLD video

Donlin Gold Communicating with the Region - Part 1

NOVAGOLD video

Donlin Gold Communicating with the Region - Part 2

NOVAGOLD video

Donlin Gold Communicating with the Region - Part 3

Executives

GREGORY A. LANG, PRESIDENT & CEO
Greg is President and Chief Executive Officer of NOVAGOLD and has been since January 2012. Greg has more than 30 years of diverse experience in mine operations, project development, and evaluations, including time as President of Barrick Gold North America, a wholly-owned subsidiary of Barrick Gold Corporation. Greg has held progressively responsible operating and project development positions over his 10-year tenure with Barrick and, prior to that, with Homestake Mining Company and International Corona Corporation, both of which are now part of Barrick. He holds a Bachelor of Science in Mining Engineering from University of Missouri-Rolla and is a Graduate of the Stanford University Executive Program.
DAVID DEISLEY, EXECUTIVE VICE PRESIDENT AND GENERAL COUNSEL
Dave is Executive Vice President and General Counsel of the Company, responsible for all aspects of NOVAGOLD's legal governance and corporate affairs. With over 25 years of experience in the mining industry in the Americas, Dave has an extensive track record in project permitting, corporate social responsibility, mergers and acquisitions and corporate development. Formerly, he served as Executive Vice President, Corporate Affairs and General Counsel for Goldcorp Inc. and prior to that, held several progressively responsible capacities with Barrick Gold Corporation, including Regional General Counsel for Barrick Gold North America. Dave obtained his Juris Doctor from the University of Utah, College of Law and his Bachelor of Arts from Brown University.
DAVID OTTEWELL, CA, VICE PRESIDENT AND CHIEF FINANCIAL OFFICER
Dave is Vice President and Chief Financial Officer of NOVAGOLD, responsible for all aspects of the Company's financial management. Dave is a highly accomplished financial executive, with over 25 years of mining industry experience. Prior to joining the Company, Dave served as Vice President and Controller for Newmont Mining Corporation and prior to that, had a 16-year career with Echo Bay Mines Ltd., a prominent precious metals mining company with multiple operations in the Americas. Dave holds a Bachelor of Commerce degree from the University of Alberta and is a member of the Canadian Institute of Chartered Accountants.
MÉLANIE HENNESSEY, VICE PRESIDENT, CORPORATE COMMUNICATIONS
Mélanie recently joined NOVAGOLD as Vice President, Corporate Communications. In this senior role, Mélanie will lead the Company's internal and external communications functions, and will work closely with Greg Lang, President & CEO, and the NOVAGOLD Board of Directors in developing and implementing an Investor Relations and Communications plan focused on advancing its flagship 50%-owned Donlin Gold Project in Alaska. Mélanie has extensive experience within the precious metals mining industry. Prior to joining the Company, she served in a variety of senior investor relations and corporate communication positions with such precious metals companies as Goldcorp Inc., New Gold Inc., and Hecla Mining Company.
RON RIMELMAN, B.SC., VICE PRESIDENT, ENVIRONMENT, HEALTH, SAFETY & SUSTAINABILITY
Ron worked as a consultant to NOVAGOLD for 18 months prior to joining the Company in 2011. He is the Vice President, Environment, Health, Safety & Sustainability. With nearly 25 years of environmental experience, Ron has managed environmental impact assessments and permitting activities for mines around the world, with a focus in Alaska and other northern climates. His most recent position was Vice President Environmental Services for Tetra Tech Inc., where he coordinated the natural resources group and took the lead on a range of projects, including preparing environmental impact statements for the Kensington and Red Dog Mines in Alaska. Ron also has extensive experience with mine permitting and water resource analysis, as well as financial and personnel management.
RICHARD WILLIAMS, VICE PRESIDENT, ENGINEERING & DEVELOPMENT
Richard is Vice President Engineering and Development of NOVAGOLD, responsible for all aspects related to the engineering and technical advancement of the Company's flagship Donlin Gold Project in Alaska and Galore Creek Project in British Columbia. Richard spent over 30 years with Barrick Gold developing and operating major mines. He is a highly knowledgeable and experienced leader in autoclave technology which is planned to be used to process ores at Donlin Gold. Most recently, he served as Project Director of the Pueblo Viejo project in the Dominican Republic. Richard's seven year tenure at Pueblo Viejo capped a progressively responsible career which included the design, construction and operation of mineral processing facilities of major mines such as Goldstrike in Nevada and Mercur in Utah. He holds a Bachelor of Science Degree in Chemical Engineering from Trinity University in San Antonio, Texas and is a Member of the American Institute of Mining, Metallurgical, and Petroleum Engineers.

News & Analysis