The estimated Net Worth of Kalidas V Madhavpeddi is at least $1.35 Milión dollars as of 30 November 2023. Mr. Madhavpeddi owns over 91,300 units of Novagold Resources stock worth over $559,053 and over the last 21 years he sold NG stock worth over $579,378. In addition, he makes $208,300 as Independent Director at Novagold Resources.
Kalidas has made over 26 trades of the Novagold Resources stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 91,300 units of NG stock worth $335,071 on 30 November 2023.
The largest trade he's ever made was exercising 175,000 units of Novagold Resources stock on 20 October 2020 worth over $63,000. On average, Kalidas trades about 11,487 units every 62 days since 2003. As of 30 November 2023 he still owns at least 141,175 units of Novagold Resources stock.
You can see the complete history of Mr. Madhavpeddi stock trades at the bottom of the page.
Kalidas V. Madhavpeddi serves as Independent Director of the Company. Mr. Madhavpeddi has 40 years of international experience in corporate strategy, mergers and acquisitions, government relations, marketing, mining engineering and capital. He is currently the President of Azteca Consulting LLC, an advisory firm to the metals and mining sector. From 2010 to 2018 he was CEO of China Molybdenum International, a privately held company and global producer of copper, gold, cobalt, phosphates, niobium and molybdenum. His extensive career in the mining industry includes over 25 years at Phelps Dodge Corporation (“Phelps Dodge”), a Fortune 500 company, starting as a Systems Engineer and ultimately becoming Senior Vice President for Phelps Dodge, and contemporaneously the President of Phelps Dodge Wire & Cable. Mr. Madhavpeddi is an alumnus of the Indian Institute of Technology, Madras, India; the University of Iowa and the Harvard Business School. The Board has determined that Mr. Madhavpeddi should serve as a Director to benefit from his long-term experience in the mining industry working as an executive in global corporate development, exploration, mergers and acquisitions, joint ventures and finance. Mr. Madhavpeddi’s principal occupation is President of Azteca Consulting LLC, a position he has held since August 2006. Mr. Madhavpeddi currently serves as a director of Glencore plc (since February 4, 2020) and Trilogy Metals Inc. (since 2012). Mr. Madhavpeddi previously served as the CEO of China Molybdenum International from September 2008 until April 2018, as Chairman of the Board of Namibia Rare Earths from 2010 until 2016, and as a director of Capstone Mining from 2012 until April 25, 2019.
As the Independent Director of Novagold Resources, the total compensation of Kalidas Madhavpeddi at Novagold Resources is $208,300. There are 7 executives at Novagold Resources getting paid more, with Gregory Lang having the highest compensation of $4,483,580.
Kalidas Madhavpeddi is 64, he's been the Independent Director of Novagold Resources since 2007. There are 5 older and 5 younger executives at Novagold Resources. The oldest executive at Novagold Resources Inc. is Clynton Nauman, 71, who is the Independent Director.
Kalidas's mailing address filed with the SEC is C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY, UT, 84111.
Over the last 11 years, insiders at Novagold Resources have traded over $50,486,004 worth of Novagold Resources stock and bought 30,676 units worth $111,037 . The most active insiders traders include & Co. Inc. Paulson, Gregory A. Lang a David A. Ottewell. On average, Novagold Resources executives and independent directors trade stock every 18 days with the average trade being worth of $570,624. The most recent stock trade was executed by Gregory A. Lang on 1 July 2024, trading 44,300 units of NG stock currently worth $175,428.
novagold (nyse-american, tsx: ng) is a well-financed precious metals company engaged in the development of mineral properties in north america. the company's flagship asset, the 50%-owned donlin gold project in alaska, is in the final stages of its permitting process. donlin gold is a uniquely attractive asset which, in terms of size, grade, exploration potential, production profile and jurisdictional safety, is regarded to be the most important gold project in the world today. as per the feasibility study, donlin gold is expected to produce greater than 1m ounces annually over a 27-year mine life. novagold also owns 50% of the galore creek copper-gold-silver project located in northern british columbia. according to the pre-feasibility study, galore creek is expected to be the largest copper mine in canada and in the top 5% of known gold deposits. the company is currently evaluating opportunities to sell all or a portion of its interest in galore creek and will apply the proceeds towa
Novagold Resources executives and other stock owners filed with the SEC include: