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NOVAGOLD & Paulson Award Engineering Contracts to WSP, Worley, and Hatch for Key Infrastructure and Unit Operations in Bankable Feasibility Study

VANCOUVER, British Columbia, March 12, 2026 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) and Donlin Gold Holdings (DGH), 100% wholly-owned by Paulson Advisers LLC (“Paulson”) and its affiliates, are pleased to announce the awarding of specialized contracts to three top-tier engineering firms — WSP USA, Inc. (“WSP”), Worley Alaska […]

Mar 12, 2026 &03001212202631; 21:00 UTC financialpost.com Trending 2/5

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Positive for markets

Sentiment score: +75/100

High impact Medium-term (weeks)

WHAT THIS MEANS

NovaGold Resources and Paulson have awarded engineering contracts to WSP, Worley, and Hatch for the Donlin Gold project's bankable feasibility study, advancing a major infrastructure development in Alaska. This represents significant progress toward project financing and construction, potentially unlocking substantial value for stakeholders.

AI CONFIDENCE

85% Very high

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

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NGStock

Expected to rise

Major milestone in Donlin Gold development; engineering contracts signal progress toward bankable feasibility study and potential project financing

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Gold Futures

GC=FCommodity

Expected to rise

Large-scale gold mining project advancement increases supply-side development activity and investor confidence in gold sector

PRICE HISTORY

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⚡ SUGGESTED ACTION

Long NG position recommended for medium-term exposure to Donlin Gold development upside. Monitor feasibility study completion timeline and financing announcements as key catalysts for further appreciation.

KEY SIGNALS

Bankable feasibility study progressionTop-tier engineering firm engagement (WSP, Worley, Hatch)Infrastructure and unit operations planningDe-risking of major capital projectPathway to project financing and development

SECTORS INVOLVED

Mining & MetalsEngineering & ConstructionNatural Resources

Analysis generated on Mar 16, 2026 at 16:12 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by Financial Post. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

NOVAGOLD & Paulson Award Engineering Contracts to WSP, Worley, and Hatch for Key Infrastructure and Unit Operations in Bankable Feasibility Study

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