NovaGold Signs LOI for Alaska LNG to Power Donlin Gold Mine

Reuters01-09

NovaGold Signs LOI for Alaska LNG to Power Donlin Gold Mine

NovaGold Resources Inc. has announced a significant step forward for its Donlin Gold project, with the signing of a non-binding Letter of Intent between Donlin Gold LLC and Glenfarne Alaska LNG, LLC. The agreement outlines plans to supply natural gas from the Alaska LNG Pipeline to power the proposed Donlin Gold mine in Southwestern Alaska. The two parties will work together to formalize a natural gas sales agreement for up to 50 million cubic feet per day and develop the necessary infrastructure, including a pipeline and power plant. The partnership aims to reduce fuel costs, streamline logistics, and enhance the overall value of the mining project by leveraging Glenfarne’s energy expertise.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NovaGold Resources Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9622782-en) on January 09, 2026, and is solely responsible for the information contained therein.

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The agreement outlines plans to supply natural gas from the Alaska LNG Pipeline to power the proposed Donlin Gold mine in Southwestern Alaska. The two parties will work together to formalize a natural gas sales agreement for up to 50 million cubic feet per day and develop the necessary infrastructure, including a pipeline and power plant. The partnership aims to reduce fuel costs, streamline logistics, and enhance the overall value of the mining project by leveraging Glenfarne’s energy expertise.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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The agreement outlines plans to supply natural gas from the Alaska LNG Pipeline to power the proposed Donlin Gold mine in Southwestern Alaska. The two parties will work together to formalize a natural gas sales agreement for up to 50 million cubic feet per day and develop the necessary infrastructure, including a pipeline and power plant. The partnership aims to reduce fuel costs, streamline logistics, and enhance the overall value of the mining project by leveraging Glenfarne’s energy expertise.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NovaGold Resources Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. 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