After spending big on Donlin, billionaire sells stake in company with Ambler prospects

By: Max Graham, Northern Journal

Outlets: Alaska Beacon

Published: March 9, 2026

Words: 715

Last Updated: 15 hours, 28 minutes ago


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Billionaire investor John Paulson made a splash in Alaska’s mining industry last year when he paid $800 million for a 40% stake in the huge Donlin gold project.

But while working to advance Donlin, Paulson quietly sold his position in a separate Alaska-focused company that soared in value after the Trump administration approved the Ambler Road.

That’s according to a recent filing with federal securities regulators from Paulson’s investment office, Paulson & Co.

The …

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