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benzingahace 1d

NOVAGOLD & Paulson Select Fluor as Donlin Gold's Partner to Lead Bankable Feasibility Study

VANCOUVER, British Columbia, Feb. 09, 2026 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. ("NOVAGOLD" or the "Company") ((NYSE American, TSX:NG) and Donlin Gold Holdings (DGH), 100% wholly-owned by Paulson Advisers LLC ("Paulson") and its affiliates, are pleased to announce that Fluor Corporation (NYSE:FLR) ("Fluor") was selected to lead the Bankable Feasibility Study (BFS) 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 ("Specialist Contractors").Fluor is a global leader in engineering, mining, processing, and large-scale infrastructure delivery. The company portfolio includes extensive experience executing complex, large-scale gold and copper projects across North America and internationally in challenging environments including cold-weather and remote locations.The bidding process for the Donlin Gold BFS was thorough and competitive, with participation from top-tier engineering firms. Fluor will integrate the other major work packages into the overall project and coordinate with other Specialist Contractors on key pieces of infrastructure and process unit operations. These include the power plant, the natural gas pipeline, and the pressure oxidation circuit and oxygen plant. Fluor will also bring substantial technical, engineering, and execution capabilities, supporting the design of what is anticipated to become the largest single operating gold mine in the United States. The BFS work will be primarily conducted at Fluor's offices in Canada, utilize high value centers (HVC), with coordination from the Donlin Gold office and project site in Alaska."Fluor is pleased to be appointed as Donlin Gold's partner to lead the BFS," said Harish Jammula, Fluor's President, Mining & Metals Business. "Our focus is on delivering an integrated, high-quality study, with an emphasis on safety, sustainability, quality, cost accuracy, constructability, and execution readiness as the project advances.""The selection of Fluor marks an important step in advancing the Donlin Gold project," said Greg Lang, NOVAGOLD's President and CEO. "They bring a proven track record of delivering complex projects on schedule and within budget, which is critical at this stage as we position Donlin Gold for development," added John Paulson.Scope of WorkFluor has commenced work on the BFS and will be responsible for integrating workstreams from Specialist Contractors, advancing value and cost optimization, and delivering an integrated engineering, cost, and schedule framework.Next StepsRequests for proposals were issued in the fourth quarter of 2025 for Specialist Contractors to cover the power plant, pipeline, and pressure oxidation and oxygen plant scopes of work, which will be incorporated into the BFS.In parallel, management has identified key project requirements and has begun recruiting critical roles to build the owner's project team, while site activities continue to advance the next phase of development. This includes ongoing evaluation of geotechnical drilling as well as ...Full story available on Benzinga.com

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northernminerhace 1d

JV Article: Fortune Bay pushes Goldfields exploration, development amid updated economics

Fortune Bay (TSXV: FOR; US-OTC: FTBYF) is accelerating advancement of its Goldfields gold project in Saskatchewan as updated economics and higher gold prices strengthen the development case. With funding in...The post JV Article: Fortune Bay pushes Goldfields exploration, development amid updated economics appeared first on The Northern Miner.

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New Era Introduces Team USA Collection for Milano Cortina 2026 Winter Games
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New Era Introduces Team USA Collection for Milano Cortina 2026 Winter Games

New Era® x Team USA Collection and Welcome Experience Images LINKED HERE BUFFALO, N.Y., Feb. 9, 2026 /PRNewswire/ -- New Era, the international sports and lifestyle brand, celebrates Team USA with an expansive collection of headwear and apparel for athletes and fans to wear during the...

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Wall Street Set For Cautious Open
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Wall Street Set For Cautious Open

Following a historic Friday, where the 129-year old Dow Index has crossed the milestone of 50,000 for the first time, Wall Street might be cautious at the open on Monday.

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investingLive European markets wrap: Yen stays in focus, dollar falls on mixed markets
forexlivehace 1d

investingLive European markets wrap: Yen stays in focus, dollar falls on mixed markets

Headlines:Japan in the spotlight to start the new weekJapan PM Takaichi says won't resort to debt issuance to fund food sales tax suspensionUS futures dip lower as tech shares wobble againIt's a pivotal week for the US Dollar as traders turn their focus to the US NFP reportIs the worst over for silver? The answer may lie in the upcoming US NFP and CPI reportsA testing moment for the precious metals recovery on the chartsBitcoin takes a light knock in fall back under $70,000A trifecta of key US economic releases will play out this weekChina calls on banks to reduce US Treasuries exposure amid "market volatility" - reportECB policymaker Kocher says existing policy stance is appropriateEurozone February Sentix investor confidence 4.2 vs 0.0 expectedMarkets:Japanese yen holds higher after verbal intervention by Tokyo officialsTakaichi trade in focus after ruling LDP party claims 'supermajority' in electionUS dollar pressured lower across the board in mixed marketsPrecious metals stay in focus; gold up 1% to $5,010 while silver up 3% to $80.28Equities wobble after steady showing early on, tech shares laggingEuropean indices hold slight gains while US futures drop; S&P 500 futures down 0.2%, Nasdaq futures down 0.5%Bitcoin dips back below the $70,000 mark; down over 2% to $68,98310-year Treasury yields up 2 bps to 4.228% as China calls on local banks to reduce exposureIt's a mixed start to the new week with plenty of action to note already. The main story over the weekend was from the land of the rising sun, as Japan elections saw Takaichi strengthen her mandate and position as prime minister. The ruling LDP party claimed a 'supermajority' and that solidified her status as a fiscal dove. Of note, it's all but a given now for Takaichi to push through with the food sales tax suspension for two years - one that will leave a ¥5 trillion annual hole in Japan's finances.USD/JPY took a tumble in Asia but amid verbal intervention from Tokyo officials, managed to turn things around. The pair is hovering around 156.40-60 levels mostly in European trading, down around 0.5% on the day. The track back isn't much despite heightened risks of actual intervention though. That considering the Takaichi trade remains in full swing and looks poised to pressure the Japanese yen from a structural perspective.As the yen holds firmer, the dollar is the one trailing behind to start the week. The greenback is lower across the board with EUR/USD seen up 0.5% to 1.1875 and GBP/USD up 0.3% to 1.3647 currently.It points to still mixed sentiment on the dollar as of late, with commodity currencies also gaining modest ground so far today. USD/CAD is down 0.5% to 1.3615 while AUD/USD is up 0.4% to 0.7045 on the day.In other markets, precious metals are also still in the spotlight with gold and silver showing more tentative signs of extending the recovery bounce. Gold is trading above $5,000 with silver above $80, keeping with the bounce since Asia. There was a slight dip mid-way through the session, as risk sentiment took a bit of a knock, but that was short-lived for precious metals.The knock came on two fronts with equities falling while Bitcoin also dropped further after early losses. US futures dipped as tech shares fell but are recovering just a little bit more now. S&P 500 futures were steadier before falling by 0.5% and then now seen down just 0.2% on the day. Meanwhile, Nasdaq futures fell by as much as 0.8% but are now down just 0.5% with tech shares continuing to stay on edge.As for cryptocurrencies, Bitcoin fell below the $70,000 mark early on before extending declines to just under $69,000 on the day.It's a big week coming up for markets, not least with a trifecta of key US economic data releases featuring retail sales, non-farm payrolls, and inflation data. So, strap yourselves in. It's going to be a hectic and fun week in markets. This article was written by Justin Low at investinglive.com.

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googlehace 1d

What's next for gold? - Forex Factory

What's next for gold? Forex FactoryGold Enters Accumulation Phase as VC PMI Targets 5,094–5,208 Resistance Investing.com IndiaAn At Market & Future Trading Opportunity on GOLD for OANDA:XAUUSD by Akil_Stokes TradingViewGold SWOT: Despite volatility, gold still shines KITCORobust fundamentals to propel bullion’s bull run through 2026 The Hans India

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US Dollar Slips Dramatically Ahead of Crucial Data Dump; Yen Gains Momentum on Intervention Buzz
bitcoinworldhace 1d

US Dollar Slips Dramatically Ahead of Crucial Data Dump; Yen Gains Momentum on Intervention Buzz

BitcoinWorldUS Dollar Slips Dramatically Ahead of Crucial Data Dump; Yen Gains Momentum on Intervention BuzzGlobal currency markets entered a period of heightened volatility this week, with the US dollar slipping against a basket of major peers as traders braced for a deluge of economic data. Simultaneously, the Japanese yen staged a notable recovery, fueled intensively by mounting speculation that Japanese authorities might intervene directly in foreign exchange markets to [...]This post US Dollar Slips Dramatically Ahead of Crucial Data Dump; Yen Gains Momentum on Intervention Buzz first appeared on BitcoinWorld.

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