Share capital (Tables)

12 Months Ended

Nov. 30, 2014

Schedule of Common Shares Issued and Outstanding [Table Text Block]

in thousands of dollars, except share amounts
	Number of shares	Ascribed value
		$
November 30, 2011	200	27,280
Issued pursuant to Plan of Arrangement	46,577,878	64,496
Issued pursuant to employment agreement	76,005	316
Exercise of NovaGold Arrangement Options	10,986	76
November 30, 2012	46,665,069	92,168
Exercise of NovaGold Warrants	6,088,262	11,996
Exercise of NovaGold Arrangement Options	52,243	254
NovaGold Performance and Deferred Share Units	16,586	32
Restricted Share Units	244,496	445
November 30, 2013	53,066,656	104,895
Exercise of NovaGold Arrangement options	46,929	631
NovaGold Performance Share Units	14,166	28
Private placement	6,521,740	5,068
Restricted Share Units	492,501	929
Deferred Share Units	154,373	282
November 30, 2014, issued and outstanding	60,296,365	111,833

Schedule of Stock Options, Valuation Assumptions [Table Text Block]

	November 30, 2014	November 30, 2013	November 30, 2012
Risk-free interest rates	1.16%	1.11 - 1.46%	1.02 - 1.59%
Exercise price	CAD$1.22	CAD$1.97 - 1.98	CAD$1.77 - 3.11
Expected life	3.0 years	3.0 years	3.0 – 5.0 years
Expected volatility	60.2%	56.2 - 58.8%	59.0 - 101.3%
Expected dividends	nil	nil	nil

Schedule of Stock Options Activity [Table Text Block]

	November 30, 2014
			Weighted average exercise
			price
	Number of options		$
Balance – beginning of year	168,332		1.79
Granted	1,620,000		1.07
Forfeited	(46,666	)	1.74
Balance – end of year	1,741,666		1.11

Schedule of Disclosure of Stock Options Outstanding [Table Text Block]

			Outstanding		Exercisable	Unvested
			Weighted		Weighted
	Number of	Weighted	average exercise	Number of	average exercise
	outstanding	average years to	price	exercisable	price	Number of
Range of price	options	expiry	$	options	$	unvested options
$1.07 to $1.73	1,741,666	4.65	1.11	1,043,328	1.12	698,338
	1,741,666	4.65	1.11	1,043,328	1.12	698,338

Schedule of NovaGold Arrangement Options Activity [Table Text Block]

			November 30, 2014
			Weighted average exercise
			price
	Number of options		$
Balance – beginning of year	1,709,503		4.08
Exercised	(212,075	)	1.15
Forfeited	(301,416	)	4.56
Expired	(474,597	)	2.58
Balance – end of year	721,415		5.06

Schedule of NovaGold Arrangement Stock Options Outstanding [Table Text Block]

			Outstanding		Exercisable	Unvested
			Weighted		Weighted
	Number of	Weighted	average exercise	Number of	average exercise	Number of
	outstanding	average years to	price	exercisable	price	unvested
Range of price	options	expiry	$	options	$	options
$2.98 to $3.99	169,444	0.83	3.13	163,888	3.11	5,556
$4.00 to $5.99	345,036	1.63	5.00	345,036	5.00	-
$6.00 to $7.99	206,935	1.21	6.74	206,935	6.74	-
	721,415	1.32	5.06	715,859	5.07	5,556

Schedule of Unit Plans and Changes Activity [Table Text Block]

	Number of RSUs		Number of DSUs
Balance – beginning of year	851,673		750,000
Granted	-		242,723
Vested/paid	(492,501	)	(154,373	)
Forfeited	(21,836	)	-
Balance – end of year	337,336		838,350