Share capital (Tables)

9 Months Ended

Aug. 31, 2016

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

	in thousands of d ollars, except share amounts
	Number of shares	Ascribed value
		$
November 30, 2014	60,296,365	111,833
Issued pursuant to the Sunward Arrangement	43,116,312	22,851
Exercise of options	7,499	7
Exercise of Sunward Arrangement Options	347,999	177
Restricted Share Units	795,368	819
Deferred Share Units	232,878	353
November 30, 2015	104,796,421	136,040
Exercise of options	143,889	56
Restricted Share Units	108,399	34
Deferred Share Units	218,795	218
August 31, 2016, issued and outstanding	105,267,504	136,348

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

	August 31, 2016
Risk-free interest rates	0.52%
Exercise price	CAD$0.44
Expected life	3.0years
Expected forfeiture rate	0-5%
Expected volatility	59.38%
Expected dividends	nil

Schedule of Stock Options Activity [Table Text Block]

			August 31, 2016
			Weighted average
			exercise price
	Number of options		$
Balance – beginning of period	5,288,350		0.58
Granted	1,785,000		0.34
Exercise of options	(364,969	)	0.39
Forfeited	(300,000	)	0.70
Balance – end of period	6,408,381		0.52

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
$0.34 to $0.99	6,353,381	3.77	0.51	4,007,248	3.67	2,346,133
$1.00 to $1.51	55,000	1.67	1.51	55,000	1.51	-
	6,408,381	3.75	0.52	4,062,248	3.64	2,346,133

Schedule of NovaGold Arrangement Options Activity [Table Text Block]

			August 31, 2016
			Weighted average
			exercise price
	Number of options		$
Balance – beginning of period	509,272		4.77
Forfeited	(14,574	)	5.04
Expired	(169,878	)	5.75
Balance – end of period	324,820		4.39

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	$
$2.82 to $3.99	49,998	0.58	2.98
$4.00 to $5.99	258,156	0.27	4.52
$6.00 to $6.61	16,666	0.75	6.61
	324,820	0.34	4.39

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

	Number of RSUs		Number of DSUs
Balance – beginning of period	-		904,603
Granted	600,000		212,768
Vested/paid	(199,999	)	(218,795	)
Balance – end of period	400,001		898,576

Schedule of Warrants, Activity [Table Text Block]

			Weighted average
	Number of	Weighted average	exercise price
	Warrants	years to expiry	$
Balance – beginning of period	6,521,740	3.60	1.60
Balance – end of period	6,521,740	2.85	1.60