Drill and Deal

Deals / Paulson Advisory and NovaGold – Barrick’s 50% of Donlin Gold

Gold · announced 22 April 2025 · completed

Paulson Advisory and NovaGold – Barrick’s 50% of Donlin Gold

A major sold its half of a giant but slow project to a partner and an investor who valued it more.

Acquirer
Paulson Advisory and NovaGold
Target
Barrick’s 50% of Donlin Gold
Announced
Metal
Gold
Announced value
$1bn
Structure
Cash
Status
Completed