galore creek;

NovaGold Resources (NYSE:NG) Soars on Gold Prices

Although well off its 52-week high of $9.18, NovaGold Resources (NYSE:NG) was among the gold mining leaders on Friday, surging to close at $7.36, a $0.45 gain, or 6.51 percent. NovaGold attained its high at the beginning of May. Hedge fund managers John Paulson and George Soros have both expressed deep interest in the company, investing at least $175 million combined in the gold mining company,

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NovaGold (AMEX:NG) Attracts Big Players, Money

NovaGold Resources (AMEX:NG) (TSE:NG) President and Chief Executive Officer, Rick Van Nieuwenhuyse, seems to have a gift for attracting big players and big money to invest in the company, and that has paid large dividends for them at crucial times of their growth cycle. Some of those investing in NovaGold Resources include billionaire Thomas Kaplan through his Tigris Financial Group, John

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NovaGold (AMEX:NG) CEO Says Company Good for Three Years

NovaGold (AMEX:NG) CEO and President Rick Van Nieuwenhuyse said earlier in the month that the company has reversed its setbacks over the last three years and is now set financially for the next three years, referring to the financing secured by the gold miner.Much of the financing required by NovaGold was secured through investment from hedge fund Paulson & Co. and Quantum Partners, which brought

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NovaGold (TSE:NG) Says Galore Creek Study Launched

A day before its quarterly report, NovaGold (TSE:NG) announced they have launched a pre-feasibility study at the Galore Creek project.Galore Creek is one of the most highly touted projects in the world, and is among the largest undeveloped copper-gold-silver mines known. There is an estimated 1,300 million tons of high-grade copper-gold-silver at the project, with a strong possibility of more.In

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NovaGold (AMEX:NG) Underwhelming to Some

NovaGold a challenge short term, great potential long term For up to five years, it’s possible NovaGold (AMEX:NG) could struggle strongly, even though it has two quality gold projects it has a stake in like Galore Creek and Donlin Creek. It’s not the long term prospects of NovaGold that concerns those following the company, as they are very bright, but it’s not as simple as taking a stake in

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