NovaGold, Paulson select Fluor as Donlin Gold partner for feasibility study

NOVAGOLD (NG) and Donlin Gold Holdings, 100% wholly-owned by Paulson Advisers and its affiliates, announce that Fluor Corporation (FLR) was selected to lead the Bankable Feasibility Study as the engineering firm for the Donlin Gold project in Alaska as it advances toward financing and development. Donlin Gold is advancing the BFS using a disciplined, execution-focused approach informed by longstanding experience in delivering large, multi-disciplinary projects. The emphasis is on fully integrating scope, engineering, cost, and schedule to support a high-quality, investment-grade study, while continuing to make steady and deliberate progress toward development. The BFS is expected to be completed in 2027. A more detailed schedule and budget for the BFS are expected to be released in the coming months following full-scope alignment with other contractors selected to work on discreet portions of the overall project scope.