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Billionaire John Paulson Buys $800 Million Stake In Alaskan Gold Mine As Gold Hits Record Highs
Tuesday, April 22, 2025 - 1:46pm | 560Billionaire investor John Paulson and NovaGold Resources, Inc. (AMEX:NG) have agreed to purchase a significant stake in the Donlin Gold project in Alaska. Barrick Gold Corp. (NYSE:GOLD) will sell its entire 50% interest in the project for $1 billion in cash. The Details: Novagold will purchase a 10...
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NovaGold Lower Slightly After StreetSweeper Report
Thursday, January 7, 2016 - 1:22pm | 278Shares of NovaGold Resources Inc. (NYSE: NG) were trading lower by more than 1 percent on Thursday following a negative report by The Street Sweeper on Wednesday. The Street Sweeper's Sonya Colberg argued that while "there may be gold" in NovaGold Resources' properties, investors "better not count...