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NovaGold Resources NG Environmental Remediation Expense
Environmental Remediation Expense at other companies
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Where this comes from
Reported directly by NovaGold Resources in its filing.
Tagged under the XBRL concept us-gaap:EnvironmentalRemediationExpense.
The source filing: NovaGold Resources’s 10-K, filed January 22, 2026.
- Filed
- Jan 22, 2026, 7:56 AM EST
- Fiscal year
- FY2025
- Accession
- 0001171843-26-000374
| Line item | Years ended November 30, 2025 | Years ended November 30, 2024 | Years ended November 30, 2023 |
|---|---|---|---|
| Interest expense – promissory note (Note 7) | (14,774) | (14,774) | (13,063) |
| Interest and dividend income | 5,114 | 5,378 | 5,791 |
| Accretion of notes receivable (Note 4) | — | — | 579 |
| Remediation expense | — | (339) | (541) |
| Other income, net (Note 15) | 1,898 | 2,695 | 782 |
| Loss before income taxes | (94,659) | (44,897) | (46,764) |
| Income tax recovery (expense) (Note 16) | — | (724) | (39) |
| Net loss | (94,659) | (45,621) | (46,803) |
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
FAQ
- What is NovaGold Resources's environmental remediation expense?
- NovaGold Resources (NG) reported environmental remediation expense of -$0 in Q3 2025.
- How has NovaGold Resources's environmental remediation expense changed year-over-year?
- NovaGold Resources's environmental remediation expense decreased by 100.0% year-over-year, from $84.75K to -$0.
- What is the long-term trend for NovaGold Resources's environmental remediation expense?
- Over 4 years (2021 to 2025), NovaGold Resources's environmental remediation expense has grown at a -100.0% compound annual growth rate (CAGR), from $938K to $0.
- What does environmental remediation expense mean?
- The estimated costs associated with cleaning up, restoring, or managing environmental damage at exploration or mining sites. This reflects the company's commitment to regulatory compliance and long-term environmental stewardship. High or increasing costs may indicate significant future liabilities or operational challenges in site closure.
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