Share capital (Tables)

6 Months Ended

May. 31, 2015

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

	in thousands of dollars, except share amounts
	Number of shares	Ascribed value
		$
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	60,296,365	111,833
Restricted Share Units	337,336	636
May 31, 2015, issued and outstanding	60,633,701	112,469

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

	May 31, 2015
Risk-free interest rates	1.12%
Exercise price	CAD$0.62
Expected life	3.0 years
Expected forfeiture rate	3.1%
Expected volatility	59.1%
Expected dividends	nil

Schedule of Stock Options Activity [Table Text Block]

			May 31, 2015
			Weighted average
			exercise price
	Number of options		$
Balance – beginning of period	1,741,666		1.11
Granted	1,620,000		0.50
Forfeited	(200,000	)	0.97
Balance – end of period	3,161,666		0.75

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

			Outstanding		Exercisable	Unvested
			Weighted		Weighted
	Number of	Weighted	average	Number of	average	Number of
	outstanding	average years	exercise price	exercisable	exercise price	unvested
Range of price	options	to expiry	$	options	$	options
$0.50 to $0.99	3,106,666	4.40	0.74	1,879,992	0.74	1,226,674
$1.00 to $1.59	55,000	2.92	1.59	36,666	1.59	18,334
	3,161,666	4.37	0.75	1,916,658	0.75	1,245,008

Schedule of NovaGold Arrangement Options Activity [Table Text Block]

			May 31, 2015
			Weighted average
			exercise price
	Number of options		$
Balance – beginning of period	721,415		5.06
Forfeited	(4,356	)	4.73
Expired	(170,288	)	3.16
Balance – end of period	546,771		5.10

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

		Outstanding and exercisable
			Weighted average
	Number of outstanding	Weighted average years	exercise price
Range of price	and exercisable options	to expiry	$
$2.88 to $3.99	66,664	1.40	3.08
$4.00 to $5.99	295,071	1.44	4.84
$6.00 to $7.99	185,036	0.72	6.24
	546,771	1.19	5.10

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

	Number of RSUs		Number of DSUs
Balance – beginning of period	337,336		838,350
Granted	-		74,067
Vested/paid	(337,336	)	-
Balance – end of period	-		912,417