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NOVAGOLD filed its second-quarter 2026 report, detailing advances on the Donlin Gold project and what the company frames as key workstreams moving it closer to building what it describes as America's largest gold mine.
The headline development is continued integration work on a Bankable Feasibility Study, with Fluor Corporation serving as lead engineering firm on the effort.
What a Bankable Feasibility Study Actually Means A Bankable Feasibility Study — BFS in industry shorthand — is the highest-standard engineering assessment required before a large mine can attract construction financing.
The name is literal: the study must be detailed and defensible enough for banks and institutional lenders to underwrite the debt a project of this scale demands.
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