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NovaGold Resources Inc.

09:56 AM EST - NovaGold Resources Inc. : posted second-quarter net loss of $15.8 million or $0.07 per share, wider than $4.8 million or $0.03 per share in the previous-year quarter. Net revenue for the quarter declined to $100,000 from $300,000 in the same quarter last year. The decrease was primarily due to lower land and gravel sales. NovaGold Resources Inc. shares T.NG are trading down $0.05 at $6.70.