New Gold Inc. is pleased to announce that the previously announced agreement with Ontario Teachers' Pension Plan to acquire the remaining 19.9% free cash flow interest in the Company's New Afton Mine has now closed. The Company has now fully consolidated its free cash flow interest in New Afton to 100% and terminated all existing agreements with respect to Ontario Teachers' free cash flow interest in New Afton. About New [...]
Solid Quarterly Performance Leads to Free Cash Flow Generation, Critical Path Items Achieved to Allow for Ramp-up in Production and Exploration Activities Going Forward New Gold Inc. today reported financial and operating results for the quarter ended March 31, 2025. "The first four months of the year have been exceptionally positive for New Gold in achieving our strategic objectives," stated Patrick Godin, President and [...]
USA News Group News Commentary Issued on behalf of Lake Victoria Gold Ltd. USA News Group News Commentary - As tariff talks continue from the White House, gold prices rebounded back above $3,010, signalling that markets still favor gold as the safe bet for any stagflation or recession. Major banks continue to lean bullish in where gold prices are headed, including HSBC, Bank of America, Standard Chartered, and Citigroup [...]
New Gold Inc. is pleased to announce that it has entered into an agreement with Ontario Teachers' Pension Plan to acquire the remaining 19.9% free cash flow interest in the Company's New Afton Mine . Following the transaction, the Company will have fully consolidated its free cash flow interest in New Afton to 100%. On closing of the Transaction, Ontario Teachers' free cash flow interest in New Afton will be fully [...]
New Gold Inc. is providing notice that it will release its first quarter 2025 operational and financial results after market close on Tuesday, April 29, 2025. The Company will host its first quarter 2025 earnings conference call and webcast on Wednesday, April 30, 2025 at 8:30 am Eastern Time. First Quarter 2025 Conference Call and Webcast Participants may listen to the webcast by registering on our website at [...]
New Gold Inc. announces the mailing of its Management Information Circular for the Company's annual general and special meeting of shareholders being held on Tuesday, May 6, 2025 at 4:00 pm Eastern Time . New Gold is using the notice and access process adopted by the Canadian securities regulators for the delivery of the Circular. The Circular has also been posted on New Gold's website and filed on SEDAR+ and EDGAR [...]
New Gold Inc. announced today that the tender offer commenced on March 4, 2025 to purchase any and all of its outstanding 7.50% Senior Notes due 2027 expired at 5:00 p.m. New York City Time on March 13, 2025 . According to D.F. King & Co., Inc., the tender agent for the offer, valid tenders had been received at the expiration of the offer in the amount and percentage set forth in the table below. Title of Security CUSIP [...]
Appoints Travis Murphy as Vice President, Operations New Gold Inc. is pleased to announce the appointment of Travis Murphy as Vice President, Operations, effective March 24, 2025. Mr. Murphy is a registered professional geologist and experienced mining professional with over 18 years of industry experience, overseeing mining and planning activities and was most recently the Principal Advisor - Productivity for [...]
New Gold Inc. today announced the pricing of its previously announced offering of $400 million aggregate principal amount of 6.875% Senior Notes due 2032 . The offering is expected to close on or about March 18, 2025, subject to customary closing conditions. New Gold intends to use the net proceeds from the offering of the Notes, together with cash on hand, to fund the purchase of any and all of its outstanding 7.50 [...]
New Gold Inc. announced today that it has commenced a cash tender offer to purchase any and all of the outstanding senior notes listed in the following table upon the terms and conditions described in New Gold's Offer to Purchase, dated March 4, 2025 . Title of Security CUSIP Numbers Principal Amount Outstanding Purchase Price per $1,000 of Notes 7.50% Senior Notes due 2027 644535 AH9 / C62944 AD2 $400,000,000 $1,008.00 [...]
New Gold Inc. today announced that it has commenced an offering of $400 million aggregate principal amount of Senior Notes . New Gold intends to use the net proceeds from the offering of the Notes, together with cash on hand, to fund the purchase of any and all of its outstanding 7.50% senior notes due 2027 and to pay related fees and expenses. New Gold intends to use the remainder of the net proceeds, if any, to redeem [...]
Strong Cost Discipline Leads to All-In Sustaining Costs Beating the Low End of Guidance and Delivering Another Strong Quarter of Free Cash Flow New Gold Inc. reports fourth quarter and full year 2024 results. Full year 2024 production totaled 298,303 gold ounces at all-in sustaining costs4 of $1,239 per gold ounce. Another quarter of strong cost performance leads full-year 2024 all-in sustaining costs to beat the low end [...]
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