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Balance Sheet Cash Flow Statement 200 Granville St., Ste. 2300 Vancouver, British Columbia V6C 1S4, Canada Tel. 604-669-6227 Toll Free 866-669-6227 Fax 604-669-6272 |
Type: Public
On the web:
http://www.novagold.net
Employees:
14
NovaGold Resources explores and develops gold and copper mineral properties in Alaska and Canada. Its main projects include the Ambler (in partnership with Rio Tinto), Donlin Creek (with partner Barrick Gold), and Nome operations in Alaska. In British Columbia, NovaGold Resources owns half of the Galore Creek gold and copper project; Teck has the other half. None of its mining operations are in production, though the company does earn revenue from sand-and-gravel production (at its Nome property) and from the sale of land. Barrick offered to buy NovaGold in 2006 for $1.7 billion but failed in its attempt to take over the company.
Key numbers for fiscal year ending November, 2008:
Sales: $3.5M
One year growth: (50.4%)
Net income: ($157.2)M
Officers:
President, CEO, and Director: Rick Van Nieuwenhuyse
SVP, CFO, and Secretary: Robert J. (Don) MacDonald
VP Corporate Communications and Strategic Development; Director: Gregory S. (Greg) Johnson
Competitors:
Barrick Gold
Fairbanks Gold
Freegold Ventures
